Three days later, Feng Yu flew back to Beijing from Hong Kong. Feng Yu's main purpose was to visit the Fu family and the Li family and inspect Wind & Rain Consulting. Other than that, he had nothing else to do.
Also, Feng Yu had to attend an important event in Beijing. Lenovo Kingsoft was about to be set up, and they still need to confirm their investments.
Lenovo, Kingsoft, and Kirilenko's software company had engineers, products, and funds. But Feng Yu only had funds and ideas. It was hard to determine the value of his ideas.
Luckily, Feng Yu had promised to invest the most funds. That's why they could accept the proportion of shares Feng Yu wanted.
"General Manager Feng, let me introduce to you. This is Qiu Bojun. He is the founder of Kingsoft. His software development skills are the best in Hua Xia. This is Lei Jun, the General Manager of Kingsoft in Beijing. He is very capable. This is … … "Liu Chuanzhi introduced the few people in front of him to Feng Yu.
"Nice to meet you all. We will be one family in the future." Feng Yu smiled.
"You are General Manager Feng? You are the one who suggested the improvements to WPS? Who is your teacher? Which school did you graduate from? "Qiu Bojun looked at Feng Yu curiously.
"I am not a software or IT specialist. I am only proposing some improvements from a user's point of view. Don't you think that after we solve the problems I mentioned, our office software will be better than it is now? Also, the functions will be better than Microsoft Office. "
Liu Chuanzhi added. "You all might not know that General Manager Feng is also a director of Microsoft."
Lei Jun asked. "Which company? Microsoft? That US Microsoft? "
Feng Yu smiled and did not say anything. Seems like the Microsoft brand is very useful.
"Which other Microsoft can it be?" Liu Chuanzhi was also impressed by Feng Yu. He does not understand why Feng Yu suddenly became Microsoft's director. Kirilenko knew Feng Yu owns some Microsoft shares. But owning shares and being a director are two different things.
At this moment, everyone in the room was in awe of Feng Yu. Some of the people who were dissatisfied with Feng Yu now had looks of admiration on their faces.
No wonder Feng Yu can come up with so many suggestions. He is a director of Microsoft. Although they do not want to admit it, Kingsoft is not on the same level as Microsoft in terms of technology, development, and scale.
"I'm just an investor. As for how the software should be completed, it still depends on everyone and the technical staff." Feng Yu said humbly.
"General Manager Feng, you are too humble. Let's work hard together and create the glory of our Hua Xia Software. Mr. Kirilenko is not here yet, but we had spoken over the phone. This is our proposal. The joint venture company will be called Lenovo Kingsoft, and it will be a subsidiary of Lenovo Group. We will set up a branch in Moscow called Lenovo Kingsoft Moscow Branch. It will be under Lenovo Kingsoft. Most of the Russian engineers are still working there. "
"Next, we will divide the projects into different areas. WPS and other office software will be developed in Beijing. The stock analysis software will be in Moscow. The development of the computer system and anti-virus software will be carried out by both parties. If there are any new developments, we will discuss it. "
Feng Yu nodded. This is reasonable. Now, the fastest to make profits is WPS and stock analysis software, followed by anti-virus software and computer system. This is the most difficult. But if it succeeds, Lenovo Kingsoft will be able to compete with Microsoft in the software industry.
"This time, the four of us will be working together. We will split the shares based on the proportion of our assets invested. We will also evaluate the products and technologies, and we will invest in the company. The company's registered capital is 100 million USD, and Lenovo Group will invest 20 million USD. They will own 24% of the company's shares. Moscow Bear Software will invest 20 million USD with technologies, products, and 20 million USD. They will own 27% of the company's shares. Lenovo Kingsoft will invest 5 million USD with fixed assets, technologies, products, and 5 million USD. They will own 11% of the company's shares. Feng Yu will invest 55 million USD, and the Wind and Rain building's third floor office and creativity. He will own 38% of the company's shares. "Liu Chuanzhi continued.
Feng Yu had invested more than 50% of the company's shares, but he only owns 38% of the company's shares. This is because Feng Yu does not have any engineers or products. But Feng Yu still felt he had made a profit.
To be able to gather so many capable software engineers, and their potential is high, the returns are nothing compared to his investment.
As for Feng Yu's third floor office, it was empty, and he can make use of it.
Some of the shares are not stated clearly. For example, Kingsoft's shares do not belong to Qiu Bojun alone. The shares are split among the original shareholders. They had set up a management company called Lenovo Kingsoft, and the major shareholder of this company is Qiu Bojun. Lei Jun and some of the higher management also own some shares. The rest of the engineers also own shares. From this point, Qiu Bojun and the rest are treating their engineers better than Lenovo Group.
"This proportion is the result of everyone's discussion. Does anyone have any objections? No one? Fine. Next, we will decide on the management of Lenovo Kingsoft. Based on everyone's discussion, I will be the Chairman of Lenovo Kingsoft. This had been confirmed by General Manager Feng and Mr. Kirilenko. The board members are Kirilenko, Mozkov, Feng Yu, Qiu Bojun, Lei Jun, Zhu Linan, and me. A total of 7 people. There are a total of 5 people in the Supervisory Committee … Any objections? "Liu Chuanzhi continued to ask.
This was what everyone had discussed. The other 3 parties will each send 2 people to the board. The Chairman will be Liu Chuanzhi, and the Supervisory Committee will be nominated by Feng Yu. Of course, the Chairman of the Board of Supervisors will be Feng Yu's man.
3 days later, Kirilenko, Mozkov, and the rest arrived in Beijing. Everyone signed the documents, and Lenovo Kingsoft was officially set up.
The board of directors was elected according to what everyone had discussed. Liu Chuanzhi will be the Chairman, and Zhu Linan will be the CEO of Lenovo Kingsoft. Qiu Bojun, Lei Jun, and Mozkov will be the Vice-Presidents, and Mozkov will be the President of the Moscow Branch.
From top to bottom, the management of the middle management and above had been discussed. As for the lower management, it will be handed over to the leaders in charge. Qiu Bojun and the rest were puzzled. Feng Yu, who had invested the most in the company, was only a director. He did not have any other responsibilities, and he was only in charge of the finance.
This General Manager Feng was different from what they had imagined. Maybe they could not understand the thoughts of the rich … …
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