"This plan is good. If revenue reaches 10 billion, Wang Yi gets a 1 billion factory for free. Even if it doesn't, Wang Yi only loses 200 million."
"A loss of 200 million? We let him use our factory for free for a year, asking for an extra 200 million, which can be considered OEM fees. Even if this kid loses, he won't lose anything!"
"Haha, exactly. If he loses, Wang Yi doesn't lose. If he wins, he earns a 1 billion factory! It's a win-win!"
"Facing the temptation of a billion, Wang Yi will go all out to make Xingyi phones well, and maybe truly achieve 10 billion in revenue."
"Pressure creates motivation. If Xingyi phones reach 10 billion next year, then domestic component phones the year after will have hope, and by then, the entire domestic industry chain will have hope!"
"Of course, for domestic component phones launched the year after next, a localization rate exceeding 70% is fine. After all, domestic chips and the like cannot be produced, so truly demanding 100% domestic content is unrealistic."
"Indeed. Let's see where there's a suitable smartphone factory and acquire one for him."
"A suitable smartphone factory is hard to find, but we can find a suitable feature phone factory and then install new smartphone production lines. This way, it could be ready for production in about two or three months! By then, Wang Yi's phone might also be close to being developed!"
"That's easy to say. Now, defunct feature phone factories are everywhere!"
"I hope Wang Yi doesn't disappoint us. Otherwise, he'll have to bear the bill for this 1 billion factory himself!"
...
The night was like water.
Wang Yi drove his Porsche and parked it downstairs at the girls' dormitory building.
Soon, Jian Ziyan walked over and got into the car:
"Boss, all the cleaning and property management staff have been recruited and can start work tomorrow. I plan to try them out first. If they're suitable, we'll keep them. If not, we'll replace them. For other talents you requested, I also recruited a few from our Beihang alumni association; they'll come for interviews tomorrow."
"Good!"
Wang Yi was very satisfied with Jian Ziyan's efficiency.
From afternoon to evening, she was busy with this matter.
To improve efficiency, she had to find a human resources agency.
Especially for cleaning staff, recruiting online is difficult, as most cleaning ladies these days don't use the internet.
But finding a human resources agency is much easier; they all have resources.
Wang Yi took out a card:
"There's 1 million in here, as the company's startup capital. There's some office equipment in the industrial park; keep using what's usable, and buy new for what's not. Just make a detailed list when the time comes, and if money isn't enough, come to me! I'll approve more for you!"
"Okay, Boss,"
Jian Ziyan took it.
She never expected her first million in life would come this way.
"Have you eaten?"
"I have..."
Jian Ziyan had just finished speaking when her stomach growled: "..."
She had been busy recruiting, making calls, and scheduling interviews since she returned; how could she have time to eat!
Looking at Jian Ziyan's flushed cheeks, Wang Yi chuckled, then turned and brought a large bag of things from the back seat:
"Go back and eat first. After you're done eating, then get busy again. Take care of yourself!"
"Thank you, Boss!"
Jian Ziyan beamed with joy.
Afterwards, Jian Ziyan got out of the car with her bag, and Wang Yi also returned to his dormitory.
Watching Wang Yi drive away, Jian Ziyan finally opened her bag, her eyes lighting up: pizza, fruit, milk tea, snacks...
Wang Yi had prepared a huge bag of everything for her!
"The boss's feeding is so thoughtful!"
Jian Ziyan returned to her dormitory full of joy, and several roommates immediately gathered around her:
"Just one trip out, and so many snacks and fruits! Tell us, which suitor gave them to you?"
"No, that's not right. Ziyan never accepts gifts from suitors, not even snacks. The fact that she accepted them now means the person isn't a suitor!"
"It's a boyfriend!"
"Exactly, it must be a couple. Our campus beauty, Ziyan, has finally found someone!"
Jian Ziyan sighed:
"Don't talk nonsense. If only he were my boyfriend! Alas!"
After saying that, Jian Ziyan walked to her desk, eating pizza while continuing to recruit.
Several roommates exchanged glances, their expressions complex.
Then they each returned to their beds, seemingly calm and collected, but eagerly chatting on their phones in a small group chat:
"What does Jian Ziyan mean? She likes him, but he doesn't like her?"
"It seems so!"
"Oh my god, what kind of person is he? He doesn't even like our department's beauty?"
"Unbelievable. Ziyan is actually the campus beauty; the so-called campus beauty Zhou Yuanyuan is just a bit more delicately done up."
"Exactly, Zhou Yuanyuan only looks about as good as Ziyan without makeup after plastic surgery. Clearly, Ziyan is the real campus beauty!"
"No choice, Zhou Yuanyuan is quite flirtatious! Every time there's an evening event, she dances a Korean dance, naturally gaining more fans."
"The key isn't whether she's a campus beauty or not, but who is that guy? Even our Ziyan can't get close to him? That's too much!"
"I don't know, we'll investigate later."
At this moment, Jian Ziyan suddenly spoke:
"The snacks and fruit are on the table, help yourselves!"
"Okay, thank you, Ziyan."
"Thank you."
"Ziyan looks so beautiful when she's serious; even I, a woman, can't resist."
Jian Ziyan: "..."
...
The next day, there were no classes in the morning.
Sun Tao and the others started gaming again, while Wang Yi opened his laptop to review reports as usual.
Yesterday, buying the industrial park plus tax cost nearly 610 million in total.
However, due to the continuous popularity of "Love Is Not Blind" and its spokesperson, Meiyou's "pure desire" aesthetic's popularity continuously soared, with yesterday's profit exceeding 40 million!
Wang Yi looked at the Meiyou account; there was still 1.08 billion!
Earn a bit more, and it'll be enough to make phones.
But he still needed to set aside 200 million to build the second phase of the industrial park!
The second phase of the industrial park is quite large, 200 mu.
Even if all built, it would take a year.
Wang Yi planned to start construction once the design was complete.
Don't let the current industrial park appear unusable, with many empty spaces.
But with the development of Xingyi Technology, continuously recruiting talent, more and more office space will be needed in the future!
These things are unavoidable.
Building it in advance provides preparedness and allows waiting for appreciation.
Even if there is surplus office space, it can be rented to other companies to collect rent.
This kind of long-term investment is highly profitable, with continuous returns.
Afterwards, Wang Yi stopped paying attention to these data and instead began to design a preliminary plan for the second phase of the project.
Once the preliminary plan is done, he will commission a design institute to create detailed drawings.
After some consideration, Wang Yi decided to build an additional staff dormitory in the second phase of the project to alleviate the pressure on "Beijing drifters."
People working in the industrial park, even if they don't live within the park, will rent apartments or residences in surrounding communities.
Of course, newly employed staff, considering rental costs, will live further away, commuting three hours back and forth daily.
After all, rent in the Third Ring Road is much more expensive than in the Sixth Ring Road.
This was exactly how it was when Wang Yi was a "Beijing drifter" in his previous life.
To save on rent, he worked in the Third Ring Road and shared a rental in the Sixth Ring Road!
Commuting over three hours daily, leaving in the frost and returning under the stars...
It wasn't until he passed the exam to join a state-owned enterprise in Jizhou and lived in a large apartment near the company in Jizhou that Wang Yi felt like he was living like a human being!
During those years as a "Beijing drifter," he could truly shout on the street and hardly anyone would pay attention to him!
After struggling for a few years, earning some money, they would return to their hometowns and start the second half of their lives.
As for staying in the Imperial Capital? Too difficult!
A single house crushes 95% of people.
Precisely because he had been through it, Wang Yi understood the hardships of the "Beijing drifters."
In the second phase of the industrial park, he plans to build as many staff apartments as possible, allowing employees to spend less money and live within the Third Ring Road!
Of course, only the early employees will enjoy this benefit.
As more people are recruited later, Wang Yi won't be able to manage everyone.
These things are unavoidable.
As for living within the Third Ring Road without spending money?
That's unrealistic.
Those employees who can't get a spot would be so frustrated they'd curse!
It's not poverty but inequality that is feared.
However, Wang Yi also left a fallback plan for them!
After turning thirty, when employees can no longer work as intensely, they need to settle down and start a family.
The Imperial Capital can't keep them, so they can only return to their hometowns.
But job opportunities in their hometowns are few, and salaries can't compare to the Imperial Capital...
It's truly difficult to stay in the Imperial Capital and impossible to return to one's hometown.
For this, Wang Yi will open internal transfer channels!
In the future, 5% of Xingyi Technology's top elites and talents will be able to grow and strengthen, becoming technical experts and executives, making buying a house in the core area of the Imperial Capital easy.
The other 95% of ordinary employees won't reach that level and won't be able to afford a house in the Imperial Capital!
They can apply to be transferred to other subsidiaries of Xingyi Technology.
Salaries might be slightly lower than in the Imperial Capital, but the cost of living would be several times lower!
For example, transferring to work at Jizhou Meiyou Science and Technology Park!
Xingyi Technology offers high salaries.
After five years as a "Beijing drifter," saving over a million yuan would not be a problem.
Houses in the Imperial Capital are expensive, and most employees cannot afford them.
But going to Jizhou, just as housing prices began to rise in 2016, houses near the financial district could be bought outright!
If taking out a loan, they could even buy the large apartment that Wang Yi had in his previous life.
Meiyou's housing provident fund could cover the monthly mortgage payments!
By then, getting married and having children, their happiness index would rise by several levels!
Wang Yi had already considered fallback plans for them!
Of course, if some employees don't want to leave the Imperial Capital, paying social security for five years and buying a house in the Fifth or Sixth Ring Road is also an option.
Although they would commute daily, toiling and tiring for the rest of their lives, they could also enjoy the high-quality education and supporting resources of the Imperial Capital, which could be considered a bittersweet joy.
In Wang Yi's previous life, two of his classmates pooled money for a down payment and bought a 60-square-meter, 3 million yuan small house in the Sixth Ring Road, thus also settling in the Imperial Capital.
After striving for a few years and saving some money, they could upgrade to a home within the Fifth Ring Road!
Everyone has their own choices.
What Wang Yi could do was provide better benefits for his employees.
Provide more dormitories to reduce their pressure when they first graduate.
And then arrange a fallback plan so they can have security after the age of 35!
Of course, these benefits can only be enjoyed by Xingyi Technology's first generation of employees and loyal veteran employees.
As for those who frequently switch jobs, Wang Yi couldn't be bothered with them.
For this reason, Wang Yi planned two additional staff apartments in the second phase design.
There will be single rooms and double rooms; they can choose what they prefer.
Being a "Beijing drifter" is not easy for anyone.
Afterwards, Wang Yi attended two classes.
While he was having lunch, he received a call from Director Qin, asking him to go to the management committee in the afternoon.
Wang Yi understood that good news was coming!
Indeed, when you reach a certain level, benefits follow.
It was like this in Jizhou, and it's the same in the Imperial Capital.
Only by reaching a certain level and showing determination can one reap benefits.
Otherwise, nothing will be gained.
That's the logic behind it.
After lunch, Wang Yi drove to the Haicheng District Management Committee.
"Come, Wang Yi, have a seat!"
Director Qin personally brewed a cup of tea for Wang Yi:
"The higher-ups have read your report and are very supportive and affirmative!"
Wang Yi nodded, not at all surprised.
Even if Wang Yi didn't propose supporting the domestic supply chain this year, the authorities would still study this issue next year!
It's just the general trend.
What Wang Yi did was merely propose it first and be willing to offer advice and contribute effort!
"It's very good that you have this intention. The authorities will take action, coordinate, and solve a series of industrial chain breakthroughs and layouts!"
Director Qin finished speaking and took a sip of tea.
Wang Yi's mouth twitched: "???"
'Is that it?'
'What about the follow-up?'
'I've reached a certain level and am personally committing to developing domestic component phones; is there no follow-up?'
"What's wrong? Have some tea!"
Director Qin chuckled, seeing through Wang Yi's thoughts.
'You kid, you're waiting for benefits, aren't you?'
'I just won't tell you, I'll let you be anxious!'
"Good tea!"
Wang Yi took a small sip:
"Director Qin, is that all?"
"What?"
"Didn't they say anything else?"
"Oh, they did!"
Director Qin changed his tone:
"They said you are young and promising, have a broad vision, courage, responsibility, and are a representative of the new generation of university students! You should be commended and awarded!"
Wang Yi was silent: "..."
Then he said righteously:
"Director Qin, I, Wang Yi, have always been modest and not sought fame or fortune. These empty titles are like floating clouds to me!"
"Hehehe,"
Director Qin smiled:
"You kid, you don't want empty titles, you want real benefits, right?"
Wang Yi smiled slightly:
"Director Qin, you really see through people!"
"Hahahaha!"
Director Qin burst into laughter:
"Very good, speaking your mind is good. I actually dislike those sly ones!"
As he spoke, Director Qin took out a document and handed it to Wang Yi:
"This is an agreement. To support you in making phones, it's been decided to give you a smartphone factory worth 1 billion. Since it needs brand new smartphone production lines, as well as renovation and recruitment, it is expected to be delivered around December!"
"A smartphone factory worth 1 billion!"
Wang Yi beamed with joy; this price was impossible to refuse!
Originally, Wang Yi planned to use Foxconn for OEM, but realistically, small companies have no say with Foxconn.
Xiaomi used Inventec for OEM, initially only having a few production lines.
It wasn't until Xiaomi grew large that Inventec continuously added production lines.
Similarly, it was the same for Meizu.
MX and MX2 sold so well initially but were still out of stock.
Their own factory's capacity was insufficient, and Foxconn provided very few production lines.
In 2011, OEM factory capacity was still tight.
Giants like Foxconn prioritized capacity for big clients like Apple.
If big clients couldn't use it all, the remaining capacity was then allocated to Meizu and Xiaomi.
This is also why Huawei, Oppo, and Vivo all have their own factories.
When smartphones just started, with sales of a few million to tens of millions annually, their own factories were sufficient.
Later, as they grew larger and capacity increased, they had to rely on OEM factories.
Originally, Wang Yi's Xingyi phones would also have to rely on OEM factories, but that was a last resort.
If he had his own factory, it would still be more suitable to rely on it.
After all, his own factory makes it easier to keep secrets!
In the future, whatever innovations Wang Yi's phone might have, his own factory could produce them under strict secrecy.
If he used Foxconn for OEM, other competitors would all know and follow suit with plagiarism.
Now, the authorities are giving a factory worth 1 billion, and it will also be equipped with modern production lines, which couldn't be better!
However, Wang Yi didn't act impulsively.
How familiar was this scene?
He decisively opened the agreement and read it carefully:
"It requires Xingyi phone revenue to reach 10 billion in 2012! If achieved, the 1 billion factory will be gifted for free. If not achieved, Xingyi Technology will need to purchase it for 1.2 billion!"
Wang Yi calculated that if a phone sold for 3000, 10 billion would be 3.3333 million units!
If a phone sold for 4000, 10 billion would be 2.5 million units.
Wang Yi remembered that the first generation of Xiaomi sold over 7 million units next year.
If Xingyi phones were made even better, even if they sold for a bit more, selling 3.5 million units shouldn't be a problem, right?
A sales target of 10 billion yuan brings pressure, but it's not a major issue.
More importantly, even if he couldn't complete it, he would just spend an extra 200 million, take over the factory, and consider it as one year's OEM fee, incurring no significant loss!
Moreover, if it really couldn't be completed, costs would come down in the second half of the year, allowing for a price drop to boost sales!
If push comes to shove, he could launch low-end phones with domestic components a few months earlier!
The domestic mobile phone market in 2011 was still in a stage of short supply.
Even if Wang Yi sold them for 3000 each, he could produce and sell as many as he could make!
If the progress is a bit faster, the task can be completed.
And with this 1 billion factory, Xingyi phones won't have any capacity issues.
As long as he prepares more funds and procures more components, he can fully utilize the production capacity from the start!
Xiaomi's first generation lacked confidence and only prepared 300,000 units for the first batch.
It quickly sold out, and then there was no stock available, leaving consumers in anxious waiting.
Wang Yi would directly stock 1 million units, sell them for more than Xiaomi, and still sell them better.
No choice, Xiaomi had no stock, but Xingyi phones did!
And a spokesperson!
And thousands of flagship stores and exclusive stores!
By next year, it would be no problem for Meiyou's flagship stores and exclusive stores to reach thousands.
They could all add a counter to sell Xingyi phones!
This was Wang Yi's advantage and confidence.
Moreover, next year there would be the Meiyou Mall with tens of millions of users!
By any calculation, 1 million units could be sold quickly!
With his own factory, subsequent production capacity would not be an issue either.
10 billion in revenue, not much pressure.
"Okay, Director Qin, I'll sign it!"
Wang Yi looked at the contract; there were no other clauses, so he signed it directly.
Director Qin nodded:
"Work hard, young man. If you need anything, just ask, and we'll help you! If Xingyi phones succeed, our management committee will also gain face!"
Director Qin's words were very plain, and then he took out another form.
"Imperial Capital Talent Introduction Application Form!"
Wang Yi smiled:
"Director Qin, you want to give me permanent residency in the Imperial Capital!"
"You're unwilling?"
Director Qin raised an eyebrow:
"Let me tell you, many people spend hundreds of thousands but still can't get this hukou!"
"Willing, haha," Wang Yi laughed.
With an Imperial Capital hukou, one could directly buy a house in the Imperial Capital and enjoy its medical and educational resources...
Many years later, many people gave up 500,000 annual salaries from large companies for an Imperial Capital hukou, choosing positions within the Imperial Capital's system with 150,000.
Wang Yi quickly filled out the form.
With the hukou, he could consider buying a house!
With the factory, the mobile phone business could be rapidly advanced!
Next year, a fierce battle in the phone industry is inevitable!
(End of this chapter)