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Bring Hundred Multimillionaires In Tsinghua Tongfang
Recently, Lu Zhicheng, the CEO of Tsinghua Tongfang Com. Ltd., a hi-tech enterprise subjected to Tsinghua University, expressed his lofty aspiration, saying "grandiloquently" that they would make one hundred multimillionaires and one thousand millionaires within a period of at most three to five years.
And not long ago, the CEO of the Legend Group made a similar remark. The secret of the Two CEO's "big-talks" lie in the implementation of stock right and future option system, which makes it possible for the Chinese scientists to become millionaires overnight.
As a beneficiary, Sun Jiaguang, academician of the Chinese Academy of Engineering and professor in Tsinghua University, was well reputed for his invention of Computer Auxiliary Design System---the exclusive software engineering technology with independent intellectual property rights in China. Stepping out of the ivory-tower he has now taken up the post of presidency in Tsinghua Tongfang Software Com. Ltd..
Authorized by the Chinese government, Tsinghua Tongfang emerges the first hi-tech enterprise of shareholders in Beijing, in which personal technological results can be incorporated as equities by way of incorporeal property investment for apportionment since the Chinese government has introduced the policy on encouraging the development of software and IC industry. Therefore, Sun Jiaguang and the other backbone personnel can mete out eight percent of the total 50 million shares, i.e. four million yuan all told.
In fact, Sun Jiaguang is not the first scientist in China who has become a billionaire overnight by way of buying technological shares. There have been forerunners like Yuan Longping, expert in rice crossbreeding, and Wang Xuan, inventor of typesetting system.
Tsinghua Tongfang will as declared start up the system for option subscription in the second half of the year. However, it would not be achieved unless the government has amended its policies. They have already worked out a complete set of program, in which the subscription proportion of the CEO out of the total amount to the minimum amount of subscription is twenty to one. But Lu deems it to be not very high.
The above-mentioned program is to be carried out in three phases: first the present listed companies will realize the option system as soon as possible, accounting for 10% of the floating stock; secondly, 10-15 % of the total capital stock in newly established companies will be held by employee by way of combining the spot option and future option; and thirdly, as to the programs in the hatching, 15-20 % of the dummy capital stock will be personalized.
Lu believed, so long as Tsinghua Tongfang can keep its development as it does now, it will make the dream come true to turn out as many multimillionaires and millionaires as expected. However, it requires two billion yuan to realize the dream. Since listed in the market, the stock value of Tsinghua Tongfang has risen six times. In the coming three years, one billion yuan could be gained as long as the stock rise three times. And on the other hand, so long as five of the dozens subsidiary companies of Tsinghua Tongfang become listed with the issuing price at about twenty yuan, another one billion would be gained.
With this two billion yuan in hand, to turn out hundred multimillionaires and thousand millionaires doesn't mean to build a castle in the air. This means as Lu said, "to make release the potentials of technology." If the scheme of turning out multimillionaires and millionaires can be carried through the boundless creativity of the scientists will be brought into full play in the near future.
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