Chapter 75: Spin-off and Reorganization
Chapter 75: Split and reorganization
After pondering for a moment, Ren Hong said again: "The 'X' building in the company cluster building is about to be opened. This building will become the site of the 'X' project, namely the Matrix Laboratory, and will be independently and I will be in charge of it."
Ren Hong's words fully demonstrate that he is still more obsessed with technology, and this is precisely why XlouS is truly powerful.
He said: "This so-called 'matrix laboratory' will be similar to the Google-X laboratory of Alphabet's Umbrella Company. Matrix laboratory will be different from all subsidiaries and is directly affiliated with the parent company. It will become the core technology source and technological crystallization of XlouS. Matrix laboratory will be divided into two major areas. Similarly, employees with fantasy ideas in XlouS can conduct their own interests in the 'matrix laboratory' in their spare time. The company will provide some infrastructure for these employees. The second half of the 'X' building will become a public laboratory and will be open to all employees of the company. Matrix laboratory will welcome any employees with exploration and innovation in the company."
"And if an employee has any good ideas, he will receive financial support from the company and set up an independent department for him, and even eventually become a brand new subsidiary and the parties are CEO. Of course, these applications must be reviewed by the company, but everything must be based on whether your ideas have value. XlouS does not lack funds, but the spirit of innovation and exploration is not enough. The relevant personnel complete the establishment and specific details of this department and then report it to me."
"Last and most important point." Ren Hong said emphatically. Everyone in the conference room couldn't help but cheer up. Looking at their boss quietly, Ren Hong was silent for a moment, organized a little language, and said: "Maybe you have heard something from the previous words. Yes, I decided to split and reorganize Matrix Technology!"
Reorganize the company?
The executives in the conference room looked at each other and then looked at Ren Hong waiting for him. Gao Yue was also surprised because she didn't know that it was obviously a temporary resolution and couldn't help but look at him with confusion.
"XlouS will establish a group company. Its formerly under the 'Instant Online Interpretation Operations Department and Development Group', 'Smart Voice Assistant Xiaoyou Operations Department and Development Group', 'Asi Micro Integrated Battery Production Department and Operations Development Group', 'Ax Microprocessor Production Department and Operations Development Group', and 'Wearable Smartphone Equipment S-1 Production Department and Operations Development Group', 'The above five main departments will be split from the parent company XlouS and independently become four brand new subsidiaries."
When Ren Hong made his decision, the company executives in the conference room were very surprised, but they all looked forward to Ren Hong with great anticipation. Matrix Technology XlouS reorganized and five major departments went out to become XlouS's subsidiary, which means that personnel changes will also be made accordingly. The executives present were all looking forward to it, especially the supervisors of the five major departments.
Ren Hong continued: "Similarly, the personnel changes will be made in the spin-off and reorganization of XlouS. Here I officially announced that Gao Yue will serve as the CEO of the parent company, Matrix Technology XlouS. In addition..."
"In fact, multiple production and R&D departments of XlouS can become subsidiaries independently, but given the reasons why these five departments can quickly launch commercial products, it is now possible to split them out and establish subsidiaries, but other departments must also make corresponding filing preparations, such as focusing on the Unreal Screen Development Group." Ren Hong said: "As for the above departments to establish subsidiaries, I will designate the CEO of these subsidiaries to be in charge of other personnel changes. Other personnel changes of subsidiaries will be discussed with the parent company and reported to XlouS for the decision to be decided by the parent company CEO."
The XlouS executives in the conference room listened carefully, especially the heads of the above departments were very jealous and expectant. As expected, the members of the management structure of the entire XlouS company will undergo tremendous changes. Establishing four subsidiaries means that four brand new CEOs will be born. Although they are the CEOs of XlouS subsidiaries, if these subsidiaries are placed outside and become an independent wholly owned company, they can also become a giant. In the current Matrix Technology XlouS, no matter which subsidiaries are, they have achieved the top technology in the industry, otherwise they will not achieve today's Matrix Technology.
Ren Hong took a sip of water, looked at the executives sitting quietly and concentrating, and continued:
"Asi micro-integrated battery R&D and related departments were separated from the parent company XlouS Matrix Technology to establish a subsidiary of XlouS-Asi. The subsidiary of XlouS-Asi is the CEO of Qin Xiaolong, the former head of the R&D department."
"The Ax microchip processor department has independently established a subsidiary from XlouS Matrix Technology - XlouS-Ax, and Li Yanbin serves as CEO of Ax's subsidiary."
"The two major departments of the 'Instant Online Translation' group and the 'Xiaoyou Voice Assistant' will merge to become a brand new subsidiary - XlouS-Alpha, and Huafeng serves as CEO of Alpha's subsidiary."
"The end is the wearable smart device 'S-1' and its related departments and the XlouS operating system development department to form a subsidiary XlouS-luixS (read 'LuAix'), and Wang Lei, former director of the production department of 'S-1', serves as CEO of the subsidiary luixS."
After saying that, Ren Hong looked around at the four executives he appointed and said, "What are the opinions of the current personnel changes? ... No objection? Okay! That's it for the time being." His actions were as rapid as thunder. He pointed to Gao Yue sitting beside him, looked at everyone, and said concisely: "From now on, you will all be under her control, and she will be under my control!"
The four executives who were appointed as CEOs of subsidiaries were excited about Ren Hong’s arrangements, so they naturally had no objection. To become the CEO of an independent company, that is, the CEO, will be promoted.
Although the executives in other departments were regretful, they were not angry. Everyone here knew that in the future, the group company's subsidiaries would never be the only two. You should know that the subsidiaries of world giants of the same level as XlouS, such as Alphabet Umbrella Company, and the number of subsidiaries of super giant companies such as Microsoft and Microsoft have more than 100 places.
Seeing that everyone had no objection, Ren Hong nodded slightly and continued: "The subsidiary has great independence. The parent company Matrix Technology XlouS will not interfere with the daily operation details of its subsidiary. The subsidiary reports its operating status on time. The parent company more checks the trends and operating status of the subsidiary, and will only control the general direction and strategy. In XlouS, it will not look at your age, it will not look at your experience, it will only look at your abilities. Mediocre people will be as talented as you have enough talent and ability, you will be able to show your heart's content here."
Although Ren Hong is the youngest among all the people here, he is just like the sign of Scorpio. He is born with a leader's temperament, has a strong desire to control and is extremely clear and organized in his behavior. No one present would underestimate him. In fact, being able to become the helm of a world giant is not a simple role.
Throughout history, the world has never lacked geniuses. A few years ago, a 16-year-old boy in the United States was able to make a fusion reactor (it was a fusion reactor, not a controllable fusion reactor. Don't make a mistake. I forcefully added here that some book friends may have read it wrong. Controllable fusion is too exaggerated. If you want to do it, it is the protagonist who does it!)
"My request is clear. XlouS must be split and reorganized within the next month. At that time, the group company will launch and share the reward plan for the option pool for the first time."
Judging from the current value of XlouS, the option pool that accounts for 10% of XlouS's total shares is an unimaginable huge wealth as long as it can get a little bit. After this company splits and reorganizes, it will take out a total of 8% of the shares in the option pool to share and reward members who have made important contributions to the company. The remaining 92% of the total shares of the option pool will be used in the future.
Ren Hong stayed in the conference room for half an hour, and told his remarks and plans all his thoughts and plans and left. He showed the general direction of XlouS to all executives. The next specific matters will be chaired by Gao Yue, the parent company CEO, and finally reported to him for approval. As the helm behind Matrix Technology and the world, he will not interfere with the company's daily operation details, nor will he have so much energy to manage. As the helm, he has to do what he wants to do, like the captain of a giant ship, mastering the general direction. From the recruitment of CEOs when Matrix Technology XlouS was in the early days, he can draw a conclusion: Ren Hong is a dictator. He does not need opponents, he only needs executors.
There are good and bad things. A wise dictator can lead the company to a rapid growth. On the contrary, Ren Hong is obviously the former. The difference is that he is a dictator and is not. He can put down power with confidence and will not allow others to refute his will. As for being able to divide power with confidence, it is because he has absolute control over the company and Sakura's help behind it.
It can give you rights and it can also be taken back!
XlouS spin-off and reorganization is an inevitable trend, and this has long been conceived in his mind. The reorganized matrix technology can effectively integrate and sort out its resources, and will inevitably become healthier and stronger. All companies will become bigger and stronger, and will move towards the direction of the group company. All such things are Alibaba, Tencent, and the umbrella company Alphabet.
Matrix Technology XlouS is no exception.
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(To be continued)
Chapter completed!