Wang Jianlin touted Liu Chuanzhi:
About 10 years ago. I co-founded the China Entrepreneur Club with Mr. Liu, uh, Ma Ruihua, Ma Yun, Liu Zhonghua, a few of us, a group of people. It's been 10 years now, and in the past 10 years, before and after. There have been dozens of meetings in this big one. But this time it was the most congregated of our Entrepreneur Club. Except for a few exceptions, it is indeed because of this foreign affairs activity that it is really abroad. Uh, it's all here. From this, it can also be seen from this point that Mr. Liu's appeal and influence, and everyone's respect for him.
Mr. Liu said something just now. He hoped that he would post a hero post, and everyone would be invited, and I personally think that please and to be are two concepts, and it is very easy to please. If it does, it's not easy. Because they are all very busy people, many of them are also people with status, right? So you can get there, you see that these are all here today, it's not easy, so I think Mr. Liu is indeed the leader of our Chinese entrepreneurs. It is also a role model for our group of Chinese entrepreneurs. I am truly proud of my brother and friend like Mr. Liu.
Lenovo security scolded Liu Chuanzhi:
You hollowed out the company with so much salary, what money did the company take to research and development, and the research and development income did not reach 3%, you know?
His products are only imported from the computer chip of that country, and the operating software is also used by Microsoft, and he has not developed his own core technology.
And he still wants to be listed on the science and technology innovation board, apply on the same day, and cancel it in a few days, and a few days later because those days are holidays, and the revocation can't be withdrawn, if there are no holidays, you think about it, maybe he will apply for it on the same day and cancel it the next day, this is called a one-day tour of the science and technology innovation board, you know?
Why did he want to revoke it, why did he revoke it, because he didn't have that technological content, you know? He is a computer assembly factory, so you and we will buy Xiaomi computers and Huawei computers when we buy computers in the future, so I know business management as security guards, why don't they understand those executives, they don't understand, they call it greed, you know?
This is called not doing business is not kind, he can produce computers and sell them at the same time, this is a business sector, another business sector, he takes the bank's money to take loans, this is a financial loan business sector, it can use this a finance, financial loans to hedge this, uh, the computer business this to this risk hedging mechanism, as a businessman, there is nothing wrong with the businessman's point of view, that's like this, walking is not unsteady, you know? Other companies like Xiaomi, Huawei, they walk more steadily.
Liu Chuanzhi boasted:
Let's associate it, it is an enterprise with a glorious history. Well, it should be said, it's a team that can't be dragged down or broken. I saw this today. The old newspaper man of Beiqing Daily, this Mr. Duan Gang is my old friend. I think back to the time of '94. When was that time? Our country wants to make all walks of life informational. Therefore, the customs will impose this tariff on the imported computer. Reduced to 200% to 26%, the approval was canceled, so all walks of life can use computers well.
But after China's national brand was suddenly hit by a huge impact, of course, it couldn't bear it for a while. So in the year of 1993, the Great Wall 0520 disappeared. What did Lenovo do at that time? Faced with a behemoth like IBM. We really compare with them, it's really a small sampan and an aircraft carrier, it's not an adjective, it's really that big, this physical value is the absolute value, that's it. What do we do? At that time, we didn't think more about how others could be stronger, but mainly studied what our own shortcomings were.
I was in a Navy hospital at the time, I was sick, and I was deploying there for this battle, which fundamentally changed the organizational structure. Lenovo Group. Faced. Grim. Sharp challenges. From the external environment. This challenge. From. This era is a time of multidimensional uncertainty. It's a technological innovation. Innovation in business models. An era that can subvert an industry and even subvert social Xi. It is an era of rising heroes.
And internally. We made mistakes in our work. Is it normal to make mistakes? No mistakes, not normal. Although we have generally passed the test, we have come all the way. But how many mistakes have I made? How many mistakes have I made? The key is to face the mistakes. We must have a very humble attitude. Let's face reality. Be serious and repeated. Review to find your own problems. Lessons learned from this are carefully summarized. I believe there is such an attitude. There is the spirit of pursuit and perseverance, represented by Yuanqing. There is what Liu Jun said just now. It is called a new culture of mud with hands and hard work.
I believe that the eagle of Lenovo will always fly high in the sky. I did feel nervous, worried, and why? It was in 1984. When I started my business, there were no less than 50,000 companies in our industry.
Of course, Lenovo would have been last at that time. But it passed. Fifteen years later, around the year 2000, there was nothing left of the industry. At most, less than 5%, and all the others are eliminated. Technological innovation. The law of natural selection. Eliminate. At that time, I wondered how I was going to deal with the uncertainty of the future. What should Lenovo do?
Based on our situation at the time, I was still prepared. We don't put all our eggs in one basket, so we have researched and practiced a set of two-wheel drive business model of investment and industry, and with our own organizational form, so we have embarked on the road of diversification. The business of this computer industry was handed over to young people like Yang Yuanqing and Guo Wei, so that they could continue to spread their wings and fly high.
Yang Yuanqing:
In fact, after we acquired IBM's personal computers, for a long time, the unification of the salary system was a big puzzle for us.
Because the domestic employees are paid a very low salary, and the employee we acquired is paid according to the standard of the international market and the American market, I can't compare my American employees, American subordinates, right, American executives get lower salaries, this is not justified, right, this board of directors, our board of directors also has a compensation committee, and invited this consultant who is like Uh Torrey to set the salary of each management for us, which has never been set by myself, such a public trust, right, then they want us to call it benchmark, that is, the same benchmark。 For a large-scale company, they are a standard for a CEO, so that's how my salary is set.
Ni Guangnan:
Now Lenovo's owner holds the financial report for 18 years, everyone sees that the executives hold the main shares, which I say are some people, of course, the original calculation said that the employee, is still this employee, but he used to be a manager, not without intellectual property rights, this share of zero, this is an effect of Lenovo's share reform, so we look at Chinese and foreign enterprises, high-tech enterprises we see, my apple foot pay is the beginning of 45, and finally 0.5. Surrounding the original 60 is the original, now only 1%, we Ren Zhengfei has 80%, now 1.4, that Lenovo in turn, Lenovo two parts of people, one part is scientific and technological personnel, one part is Mr. Those individuals, that scientific and technological personnel are now zero, and Ke uh, how many percent of the actual controller of this person, about 16.
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