Chapter 398 Audiophile
Sina Technology News, on March 27, Infinite Company released its annual report for fiscal year 2005.
From January 1, 2005 to December 31, 2005, the company achieved operating income of US$50.633 billion, a year-on-year increase of 37%, net profit attributable to the parent company of US$14.614 billion, a year-on-year increase of 47.42%, and basic earnings per share of US$3.72.
Among them, the net profit of the operating system and software business developed in cooperation with Microsoft reached more than 2.7 billion U.S. dollars, various technology patent license fees were 1.94 billion U.S. dollars, and the sales revenue of instrument equipment was nearly 1 billion U.S. dollars.
The highest proportion is still in the smartphone business.
The annual shipment volume of smartphones reached more than 60 million units. Although domestic sales can almost be described as a surge, its main source of profits still comes from Europe and the United States.
After all, in this era, the exchange rate difference between the US dollar, the Euro, and the RMB is still very huge.
In order to quickly popularize smartphones, Chen Weidong has lowered domestic prices again and again, and even cooperated with China Mobile, Telecom and other operators to vigorously promote activities to offset phone bills and give away free mobile phones.
In the end, good results were achieved.
It is worth mentioning that many businesses in Huaqiangbei do not know from what channels they can obtain semi-finished parts for smartphones.
Such as screen assembly, middle frame assembly, motherboard and other main modules of mobile phones.
After installing some unknown brands of sensors, memory, batteries and other small accessories, and repackaging them, this "assembly machine" was sold to some rural areas with relatively backward economic levels in China at very low prices.
The greater the quantity, the greater the profit. Many people have made their first pot of gold through these assembly machines.
According to statistics from relevant people, the industrial chain is very large, with a scale exceeding tens of billions.
But the strange thing is that Infinite Company has not issued any statement on this.
Even the market supervision department of South China City has adopted a "I don't know anything" attitude, acquiescing to the existence of this "gray" industrial chain.
Of course, the premise is that these businesses must pay taxes normally...
Although Infinite Company started out in the financial industry, its investment in entities and scientific research projects exceeds hundreds of billions every year.
No one knows better than Chen Weidong the importance of mastering core technology.
The development of finance is driven by technology, and technological innovation is inseparable from financial support. The two complement each other. Without technology, any "storytelling" behavior in the stock market will be a bubble that will burst as soon as it is popped.
High investment brings high returns. After so many years of continuous investment, the laboratories of the six major disciplines have basically achieved varying degrees of profitability by relying on related commercial products, technology licensing and other methods.
On the road to a virtuous cycle.
Only the biology laboratory is still unable to make ends meet.
Speaking of which, although Infinity Company has truly grown into a high-tech group that relies on high technology to earn high profits, the company's expenses are still an issue that cannot be ignored.
It's just that the company's business is still in a period of rapid growth, so you can't tell it.
Does a business survive on profits?
of course not.
The 1990s was the most glorious decade of economic development in Western developed countries, but many companies still went bankrupt.
Various data show that for every four companies that went bankrupt during this period, three were profitable and only one was losing money.
This shows that companies do not survive on profits.
So, what exactly does a company rely on to survive?
The answer is that enterprises rely on cash flow to survive. As long as cash turnover fails and the capital chain is broken, the enterprise will undoubtedly die.
In particular, the manufacturing industry such as mobile phones requires a large number of workers and is extremely dependent on the growth of orders. While expanding production, it will always occupy a large amount of funds.
The wages paid to workers by Infinite Company are much higher than the average level in the same industry, which directly becomes the main factor affecting the remaining profits.
Within the company, people have repeatedly proposed using automated equipment to replace simple processes, so that there would be no need to recruit so many workers, thereby reducing costs and improving production efficiency.
Many Western developed countries were even cited as reference.
Chen Weidong directly rejected the proposal without even thinking about it.
Given China's current national conditions, it is simply not suitable to use large-scale automated instruments to replace manual labor.
If machines are capable of low-end repetitive tasks, it will be inevitable for cheap laborers to lose their jobs. People engaged in automation can create more wealth, but cheap labor will be even more devalued, which will further exacerbate distribution inequality.
Caused many social problems.
Not to mention that it will also lead to structural imbalances such as overcapacity.
This will require a gradual transition over a long period of time.
After all, technology is always meant to serve people, not to eliminate them.
In addition, some bad things happened to the company during this period.
Even Chen Weidong couldn't help but curse.
Because, he saw his photos hanging on the walls in many places in the company!
And he is still listed with many scientists.
This made him, who has always been good-tempered, unable to help but angrily rebuke: "Who hung it up? I'm not a fucking dead person! Even if I live for a few hundred more years, you guys will hang the whole wall with my photos."
, I can’t become Einstein either!”
The subordinates rushed to collect Chen Weidong's photos from various offices.
In fact, they are not simply trying to flatter you.
For most people in the company, Chen Weidong is a miracle in himself. For many people who rely on him for a living, if they have to choose between Chen Weidong and Einstein, they would still prefer to follow Chen Weidong.
It is very common in the world to make money from the financial market and establish a high-tech company to engage in industry and scientific research.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! However, after opening a high-tech company, it turned into a genuine high-tech company that is at the forefront of the times, and has developed in machinery, semiconductors, optics
Instruments, commercial aerospace, and computer software and hardware have all achieved incredible success.
This is rare in the world, let alone in China!
For the employees of Infinite Company, the boss started from scratch and is able to achieve today's achievements. Even if he does not need to be described as a peerless genius, he is a rare genius in a century!
Within the company, there are many people who have a tendency to worship the three general managers Chen Weidong, Chen Jie and Lin Zeju.
But Chen Weidong didn't like it, and even had some resistance.
He knows his level.
He admitted that as a reborn person, he has the advantage of being forward-looking in many things, but whether it is finance or the development of science and technology, his keen awareness still exceeds that of many people.
He can accept others treating him as a wise and sensitive person, but he cannot accept that the company should worship him as an omniscient god.
Everyone, no matter how smart he is, will make mistakes.
If everyone is accustomed to relying on him to guide the way, then this company, strictly speaking, is finished.
It loses the most important self-confidence and ability of self-development.
This won't go far...
April 2, 2006.
Infinite public funds.
In a specially decorated office.
Chen Jie was leaning on the sofa, closing his eyes, quietly feeling the pleasant female voice coming from the stereo.
The song "Favorite" was played over and over again.
Zhou Huimin's slow voice is sweet and tactful. It is unstoppably affectionate and at the same time gives people a looming feeling.
This is the kind of music style that belongs exclusively to the glorious 1980s and 1990s of the Hong Kong Philharmonic. After listening to it, it will always make people feel a deep nostalgia for the golden years that have passed.
If there were audiophiles here at this time, they would be shocked.
Because in this office, leaving aside other lighting equipment, the two customized Karma speakers in front of us cost more than 10 million yuan.
Katsa....
The door handle knob of the office made a crisp metallic sound.
Several figures walked in, and Chen Jie didn't know it either.
Chapter completed!