My Return to Life

Chapter 793 Year-end and end-of-year, annual summary

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In the end, Lu Weiyu did not enter this 'Yu' hotel in Shanghai.

Taking advantage of the coldness in the early winter, Lu Weiyu couldn't help putting her little hands in Fang Nian's jacket pockets, and walked down the street together.

Light raindrops fell on the heads of the two, breaking the purity of the two.

Fang Nian felt a little depressed, and muttered, "God is not beautiful."

As she spoke, she looked around, then pointed to the front: "Sister Yu~ let's go have a drink."

"Yes." Lu Weiyu nodded happily, "Anything is fine."

"..."

After a while, Fang Nian and Lu Weiyu walked into the tea shop, randomly ordered two cups of hot drinks, and chose a seat by the window.

Lu Weiyu habitually hung her hands straight down without leaning on the table, lowered her head, first bit the straw, and then took a light sip.

Then he raised his eyes and looked at Fang Nian: "The hotel... can you tell me the specific situation?"

Seeing Lu Weiyu's cute little gestures, Fang Nian couldn't help but chuckled, and answered: "Except for the four first-tier cities and Hong Kong and Macau, the other 16 hotels are basically located in well-known tourist cities;

These 16 hotels only have eleven or twelve single-family apartment-style rooms. For example, there are only 7 small villas next to the West Lake. Of course, this does not include reserved rooms. "

Speaking of this, Fang Nian deliberately sighed and said, "I have incurred a huge debt for this, alas..."

After Fang Nian finished speaking, Lu Weiyu blinked: "The average price of each room is not more than one million, right?"

Fang Nian said casually: "The total price is more than 600 million. If it weren't for someone on our side who still has a bit of face, I really can't get it done."

Hearing Lu Weiyu smacking his lips: "This birthday gift is really valuable, can it be worth 1% if you sell me?"

Hearing this, Fang Nian glared at Lu Wei and said, "Believe it or not, knock your head off!"

Lu Weiyu stuck out her tongue, not daring to speak anymore.

"..."

The fact that the 'language' can be opened is actually a bit of face for Mr. Fang.

First of all, Fang Nian didn't have that much cash on hand.

It is also impossible to directly spend funds through other companies, because this is a brand new independent company.

Fang Nian should not understand the basic operation of distinguishing between public and private.

Finally, a total of 60% of the funds are bank loans, and the rest is about 250 million yuan, which is the annual shareholder dividends withdrawn in advance from Dangkang's account.

Because there is no money, some properties are leased, such as Beijing, Shanghai, Hong Kong, and Macau.

But it's not all because of lack of money, mostly because there is no plan to buy.

At the end, Lu Weiyu blinked at Fang Nian, and said in a low voice deliberately: "It seems that the master only let me run away from home and go as far as Macau."

"That's natural." Fang Nian nodded repeatedly.

"..."

Don't think about it abroad, even if it is for the sake of personal safety and other aspects, it is not possible.

Besides, the world is so big and I really want to see it, it will take some day and month to come back...

Lu Xuejie's 22nd birthday was a little more ordinary than last year.

Fang Nian didn't buy the screens of all the high-rise buildings in Lujiazui to celebrate Lu Weiyu's birthday.

In addition to giving Lu Weiyu a high-end 'Yu' hotel, she also ordered a female Audemars Piguet Millennium for Yu's sister, about four million yuan.

Paved with baguette-shaped diamonds, blingbling, it is quite suitable for girls to wear.

There are also some small and odd gifts, so that Fang Nian's personal bank card is only left with the last 2 million or so.

It was another cloudy and rainy day, and occasionally light raindrops would fall from the sky, which affected the fun of shopping a lot.

Even so, it didn't affect Sister Yu's mood.

…………

In the last ten days of 2011, both domestic and foreign countries were relatively lively.

From time to time, some noisy voices came out.

Taking overseas Europe and the United States as an example, Frontier Angel Global and Wall Street hedge funds are quite crazy.

Harvesting the wealth of leeks in the capital market with an aggressive attitude.

Some form of casualty in this aggressive gesture is Mr Donte's company.

In just two months, Tangte's assets have shrunk by billions of dollars.

This old friend's interests were severely damaged, and he almost went crazy.

He is aggressively marketing himself through the platform of Twitter, and once again jumped into the system.

Serious Activities Begin your journey as a boss.

It looks like a promise to be fulfilled.

Holding the key overseas sub-key led a group of eating melon netizens to express their strong support on Twitter, which made Mr. Tang Te feel heart-warming.

It's just that this didn't affect the attitude of the frontier angels to kill them all...

In addition, BitResearch is deploying Bitcoin on a large scale, and is linking with Wall Street's capital giants, etc., in order to promote the futures trading of Bitcoin, a decentralized capital product.

certainly……

This will be a protracted process.

But with this wind and general direction, the price of Bitcoin continued to skyrocket, and Bitcoin fever was set off all over the world.

This is also the biggest achievement that BitResearch has spent two months promoting.

So much so that there are gossip that AMD has plans to launch professional-grade mining graphics cards.

The price of Bitcoin has also reached a relatively stable record high in the expectation of many people, and the price of a single coin has exceeded 60 US dollars for many days...

In addition, some well-known mobile phone manufacturers around the world have released new smartphones for 2012.

Among them, domestic domestic mobile phone brands have almost fully embraced Nuwa MindOS.

And ZTE is the most active.

With an unprecedented aggressive attitude, it released four series of new mobile phones covering the range of 1,000 to 5,000 yuan.

Some people familiar with the matter speculated that this was some kind of statement made by ZTE after joining the Nuwa Alliance.

This is not surprising, after all, ZTE is a company that spent more than 700 million yuan just to join the association.

Even for this high input cost, the minimum sales target for 2012 is 15 million new smartphones with a comprehensive average price of 3,000 yuan.

Fortunately, ZTE is an established mobile phone manufacturer with a good reputation in China, strong capital, and quite a lot of accumulation. The transformation is not difficult.

At the very least, ZTE was the first to launch the water-testing model of the thousand-yuan phone, which went on the market and sold well.

It is far more eye-catching than several other mobile phone manufacturers who have turned to the Nuwa MindOS camp in an all-round way.

in addition……

In 2011, Lei Jun himself and the Xiaomi brand both exploded.

Xiaomi has repeatedly broken everyone's expectations. The overseas sales of Xiaomi 1S have exceeded 5 million units, and the cumulative global sales volume has reached 8 million.

With this gamble of Xiaomi, Lei Jun allowed Xiaomi 1S to go on the market for only 3 months, breaking many records.

As for the Redmi 1, it has become the most phenomenal explosion in 2011, and the sales volume of single product is undoubtedly the first in the year.

In the last ten days of 2011, Xiaomi won prizes as a company unit, and Lei Jun himself was no exception.

All kinds of titles were crowned on Mr. Lei's head.

"..."

Another thing is that the prime location of Lujiazui, which attracted a small audience in a small area, started the demolition of several not-so-high company factories.

Anyway...

In the days when we are about to bid farewell to 2011, everyone is very busy.

For example, student Fang Nian hardly hears anything outside the window, and spends a week taking exams...

…………

…………

On the 31st, Saturday, the last day of 2011, according to the arrangement of the State Council, I was notified that I need to go to work on this day.

He insisted on delaying the holiday until New Year's Day.

This saves the arrangement of extra overtime in the front office.

According to the usual practice, all employees of the Frontier Department and the Dangkang Department only need to work until noon on this day, and then they will have a normal holiday.

It is inevitable that someone will need to be on duty.

In the afternoon, Fang Nian strolled into the front office.

There is a little excitement in the office.

It is one of the few days in the whole year where there are some festive colors on purpose.

Fang Nian glanced at him, and said as he walked, "Oh Huo, it's too late, it's too late."

"Mr. Fang has always been on the right time, it's not too late." Wen Ye really got offended.

"..."

After taking his seat at his desk, Fang Nian looked at the table and several people: "Okay, Mi Wen, I'll report the situation in 2011 directly from you."

While talking, Fang Nian added another sentence: "This year, we won't talk about being a Kang department."

Hearing this, Wen Ye nodded, not too surprised, cleared his throat, opened the folder, and started the comprehensive annual report.

"As of today, the total number of employees in the company is: 17,639, including the employees of each internship department."

"The company's annual operating income is: 15.971 billion yuan, excluding the income of the two overseas branches of Frontier Angel Investment, Frontier Angel Global, and ChinGroup."

"..."

ChinGroup is the behind-the-scenes parent company of seven capital institutions on Wall Street, including BitResearch.

In order to minimize the connection between domestic frontiers and overseas branches, the general ledger is not consolidated.

With Fang Nian's prudence, of course he himself made a comprehensive report of the existence of these two branches to the relevant competent authorities.

As far as Fang Nian knew, this report was finally put on Ping's desk.

The reason why Fang Nian did this is very simple: to show the cutting-edge elements.

This thing is easy to make a fuss about, especially at the current time node.

If someone makes a crooked claim that Frontier is going to transfer assets overseas, it will be too late to report.

Fang Nian knew too well how much money Frontier had taken from banks and local governments.

Probably that is almost to 40 billion yuan.

Among them, 1 billion U.S. dollars of clear accounts were directly held in ChinGroup's offshore accounts, and finally passed on to domestic frontier angels for repayment.

As for the dividend income of cutting-edge angel investment, it is not that it is not consolidated, but it is not settled, and there is no source of accounts.

After all, even the Dangkang department couldn't complete the account closing today...

Wen Ye reported in an orderly manner.

"The annual comprehensive R\u0026D investment is: 33.7 billion yuan."

"..."

"Total expenditure for the whole year: 51.518 billion yuan."

"..."

Those numbers didn't take everyone's breath away.

Although it is a bit unbelievable compared to the size of the frontier, everyone still knows how to get through this year.

Besides, although Wen Ye was reporting, the data actually came from Liu Xi's hands, so there was no doubt about it.

Although Liu Xi is now a CFO, she still has the best accounting skills, no matter if it is a large account or an account as small as a few cents, she will never fail to close it.

After the summary report of the first stage was completed, Wen Ye made a simple summary: "This is the annual summary on paper;

In total, there is a financial deficit of more than 35.5 billion. "

It was a little quiet in the office.

Bai Congee thought for a long time, and finally said seriously: "Mr. Fang, the proportion of the company's R\u0026D investment far exceeds the general risk line. Is it necessary to make appropriate adjustments within a certain range and explore the feasibility?"

Hearing this, Fang Nian smiled slightly: "Boss Bai raised this question well. Excessive R\u0026D investment is indeed very detrimental to the company's development, but..."

Fang Nian changed the topic: "Now is not the time to explore how to reduce R\u0026D investment, we can only bite the bullet."

"I agree." Wu Fucheng stated clearly, "The current external development environment is very unfavorable to the company. Once it quits, it will inevitably suffer a catastrophe."

Porridge: "I..."

Fang Nian raised his hand, interrupted the porridge, and said with a smile, "No need to explain, everyone understands what you mean;

No matter what, a qualified group needs anyone to keep vigilant and raise a warning. "

Bai Congee also smiled and didn't say any more.

"..."

He was really just a cautionary reminder.

The reason why Wu Fucheng was able to answer the conversation was to 'excuse' the white porridge.

In fact, Fang Nian had already seen this huge risk.

As early as stirring up the world through frontier angels, Mr. Fang was half a capitalist.

I understand too well that there is no linear relationship between R\u0026D investment and revenue.

In the eyes of capital, the most high-quality holding assets are actually Coca-Cola and other companies with a formula that can last forever and have little R\u0026D investment.

For example, when the boss of Wahaha talked about the cost of Wahaha plastics and transportation in front of the media, the boss of Fuyao Cao pointed out that making water is huge profits.

This type of enterprise has a feather cost.

Anyway, how should I put it, at present, the two most important groups in Fangnian, the Dangkang Department and the Frontier Department, compared the two, the Dangkang Department is simply a perfect cash cow.

It is Fangnian's most outstanding commercial asset work that integrates capital, trends of the times, future development and other content development.

On the other hand, the cutting-edge department, just saying that the proportion of R\u0026D investment is too high, will be far inferior to the money made by Tangkang games for a long time.

Even some businesses in the frontier department have considerable profit margins.

But that is also temporary and unstable.

If technology-based companies such as Microsoft and Apple that invest heavily in R\u0026D are only 18 months away from bankruptcy, then Frontier has been only 6 months away from bankruptcy for a long time.

And Dangkang Games is far away from bankruptcy, as long as human beings still play games, there will be a place for Dangkang Games.

It’s not that Dangkang Games has no research and development investment, but Dangkang Games is a platform. So far, the proportion of self-developed games is completely insignificant in the massive game library on the platform.

In terms of the revenue composition of Dangkang Games, games in the form of third parties and agents account for 95% or more.

In addition, the most outstanding place also includes strategic investment in two independent companies, Bifang Cloud Computing and Chongming Bird Security, to solve important businesses such as platform server resource idle scheduling and network security.

Although Dangkang Games has ①, ②, and ③ R\u0026D centers, the actual proportion of R\u0026D investment is really insignificant.

Even the largest investment item of these three centers named research and development is the data center part.

"..."

Wen Ye did not participate in this simple discussion.

After several people finished speaking, Wen Ye continued to report in a calm manner.

-

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PS: My neck is still uncomfortable today, so I will write a chapter first~

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