In the past few days, I have often seen six questions about Lenovo by Sima Nan, and I have also looked at the different analyses and opinions of many people. The outline of it is as follows:
Lenovo has some major problems that have caused Chinese people to question the once leader in the technology industry:
- Sky-high executive salaries, but the company is insolvent: Liu Chuanzhi’s annual salary in retirement is nearly 100 million yuan, and Yang Yuanqing’s annual salary is as high as 170 million. 30 executive salaries account for nearly 1/3 of Lenovo’s profits. At the same time, Lenovo’s asset-liability ratio is more than 90%, as well as more than 100 billion arrears, which are all the money of small, medium and micro enterprises and the money of suppliers.
- Loss of China’s state-owned assets: Lenovo was originally a 100% state-owned enterprise held by the Chinese Academy of Sciences, and now it has fewer shares than Yang Yuanqing owns. Using various capital means, they make Lenovo’s shares, dividends, and profits flow into the pockets of other shareholders.
- Under the slogan of a Chinese national enterprise, it does not recognize itself as a Chinese company: saying that it is an international global enterprise. For the product of the same configuration, the domestic price of China is more than 10,000 higher than the foreign price, and the quality is not necessarily so good.
- In 2018, on the issue of 5G, Lenovo did not vote for Huawei, but for Qualcomm.
- as a leading company, not doing a good job of technology research and development, squeezing the core technology founder Ni Guangnan, and not doing a good job of products and businesses after making money, contributing to the motherland and society.
Lenovo did not respond positively to these. There is only an online recording of its boss calling on every employee to fully support the company, asking everyone to be “full of loyalty”. It seemed that they were constantly controlling comments, sending lawyer’s letters, and a number of people’s videos and statements are therefore removed from the shelves.
Now it is the company secretary who wants to see Mr. Sima Nan. For the specific follow-up, please watch Mr. Sima Nan’s follow-up update.
As a pure spectator, I don’t know the actual truth, so I don’t make decisive judgments. Just from the public data itself:
First of all, the sky-high wage itself is a corporate salary setting system, and there is no problem, but if it is connected with insolvency, it is indeed contradictory. If I am a supplier, I must not like to cooperate with such a large enterprise;
Secondly, in my personal memory and impression, state-owned assets are a strong controlling party. How can state-owned assets be turned into private assets and at the same time be able to obtain various resources and purchases from the national government?
Finally, I really don’t like to use Lenovo’s products. Regardless of design or performance, they have been left behind by many Chinese and foreign companies, let alone revitalizing national industry and contributing to society.
In conclusion, whether it is a good company and whether it can be supported by the people is not an era in which a single person can overwhelm all doubts by shouting. Everyone will use various methods to think, analyze and verify, right or wrong.
I still love Huawei’s boss Ren Zhengfei the most ~ Source