Chapter 158: Proposing the “Absolute Wages” Concept

Translator: Nyoi-Bo Studio  Editor: Nyoi-Bo Studio

Xing Hai Technologies consecutively launched two hot-selling products and squeezed themselves into the ranks of the top 500 domestic enterprises after being established for only more than one year. Not only did Xing Hai Technologies, a company that had risen with a phenomenal speed, become the celebrity among companies on the internet, but they also became the media’s favorite.

There were innumerable media groups who requested to interview Xing Hai Technologies. ‘Economy Watcher,”Business Weekly,”Era of Wealth,”Eastern Economics,’ and up to a hundred other financial magazines wished to interview Xing Hai Technologies’s CEO Ling Dong Jun and the founder, Chen Jin. But almost all of the interview request applications were rejected.

Only those with bigger influence, like ‘Phoenix Television’ and Shang Hai’s local broadcasting company ‘Southeast Television,’ interviewed CEO Ling Dong Jun. They produced two seasons of a TV program which had significantly risen more than 50% in viewership ratings. This made the media more eager to interview Xing Hai Technologies founder Chen Jin.

A billionaire at the age of 26, receiving no help from his parents, establishing an admirable career only with his own efforts, and creating two products that could change the world. This was a fantasy. How amazing and inspiring could this be? How many youngsters would idolize this young billionaire and make him their goal? How explosive would the viewership ratings be for an episode of this young man’s interview? Too bad that this young entrepreneur was very low-key in his actions. All the interview applications from the mass media got declined.

However, after one broadcasting media company requested to interview Chen Jin, he did not ask his men to reject them this time. On the contrary, he nodded and agreed. Z Television Network! Z Television Network’s ‘News 1+1’ television program had a very big influence with a lot of static audiences. If he rejected the request for this TV program, it would show that he had no understanding of the times.

Besides, for the program that ‘News 1+1′ wanted to do, on the surface, it would be recollecting the development history of Xing Hai Technologies, introducing this company’s brilliant achievements, exploring the journey of the young founder, and celebrating the young tech company that was soaring upwards. The real purpose was because of the Da Mi incident where Da Mi Technologies got heavily fined at the EU and was under investigation by M nation’s National security department. They hoped to touch on issues through interviewing Xing Hai Technologies, such as discussing the future direction of Z nation’s high-tech enterprises and probing how to tackle restrictions and other similar issues.

The program took place inside the interview room.

“Hello, my name is Qing Wei, it’s my pleasure to interview you. I never thought that you’d be so young.” The reporter from the Z Television Network was pretty and intellectual. She had a sweet smile, captivating short hair, she looked well-dressed in her skirt, and she had an appealing voice.

“Hello, it’s nice to meet you too.” Chen Jin ,who was wearing a branded posh tuxedo, shook hands with her.

The interview session officially commenced.

In the first half of the interview session, the main conversation was Xing Hai Technologies’ development history. She asked Chen Jin many questions.

“Why did you think of making cleaning robots?”

“What are some of the difficulties that you have encountered?”

“Why did you insist on developing the Intelligent learning machine when no one was sure about it?”

“Lastly, was it within your expectations that both of these products achieved such great success?”

Chen Jin answered all of the questions according to the documents he had prepared beforehand. His speech was fluent, and he answered the questions with a clear mind. He even gave some very professional technical details that balled up Qing Wei. She didn’t quite get it, but she thought that it was awesome and could only lift her thumb and say, “Impressive, very impressive indeed.”

“You asked whether it was within my expectations to achieve success? Sorry, but since the very beginning, I already believed that it would achieve success. All of my thousand-some staff in the technical department also believed that we would achieve success! All of Xing Hai Technologies’ staff that are striving silently strongly believe that their work will change our nation and the world.”

“Impressive, very impressive!” Qing Wei’s eyes glowed in splendor. An expression of pure adoration was on her face. Finally changing topics, Qing Wei asked, “Mr. Chen, what are your thoughts on the ‘Da Mi incident’ that has been viral on online forums for the past few days? With a hefty 7.5 billion dollar fine that thrashed Da Mi Technologies, how do you think it will affect the Z nation’s enterprises’ plans of expanding overseas in the long term? Doss Xing Hai Technologies have plans to go overseas in the future?”

Chen Jin shrugged his shoulders and said, “Honestly speaking, I’m not interested in the western market. Xing Hai Technologies will not enter the western market, and of course, we will not linger around the thought of it. Using what Hua Yao said: Sometimes, by letting go, you will feel relaxed, only then can you focus more on what you’re doing. Xing Hai Technologies is such a focused company. In private, Mr. Lei and I are very good friends. There are also some technical correlations between the Love Mi Robot and the Wa-wah Robot. On what Da Mi is going through now, not only do I want to express my deepest compassion and concern, I would also like to express my great indignation on this matter. This kind of ridiculous punishment is not valid. It’s illogical and is an out-and-out suppression and discrimination! I want to warn the EU over here: revoke the punishment immediately! If you really fine Da Mi 7.5 billion dollars, in the near future, you will split all the money out and return every single cent to Da Mi! If this drags on, you will have to add on interest as well. If you refuse to believe my words, we’ll see!”

Qing Wei and the assistant staff looked at each other. This was not listed in the interview questions. They never expected Mr. Chen to react so aggressively. Qing Wei looked at the director behind the camera. The director nodded his head lightly. They could remove this section during the editing session later on. After they talked about the importance of core technologies, the interview basically came to its end.

Towards the end of the interview, Qing Wei asked him jokingly, “Mr. Chen, rumors say that Xing Hai Technologies’ staff treatment is very good. Statistics provided by some institutions say that your company’s salary is already almost on Hua Yao’s level. Is your company lacking on people? Even I want to join your company.”

“Yes, Xing Hai Technologies desperately needs people now! We are now mass recruiting talents of different kinds!” Chen Jin sat upright and said facing the camera, “My friends from all over, Xing Hai Technologies will be establishing 28 R&D divisions all across every province in the country; we will be recruiting tens of thousands of different people to conquer various core technologies for the Z nation. Please do not worry about staff treatment, Xing Hai Technologies is implementing the ‘Absolute Wages’ standard. After deducting your expenses on accommodation, meal, travel, tax, and insurance, the net salary that you will receive at the end will not be lower than a specific amount. No matter the job post, for example, interns will not receive a pay less than $3,000. For junior staff, $5,000, intermediate staff, $10,000, and for senior staff, not less than $30,000, and there are also other welfare treatments as well. I sincerely invite all of you talented individuals to join us!”

Seizing the opportunity in this interview, Chen Jin actually pulled off an advertisement for Xing Hai Technologies. He walked to the director beside the camera and said, “You can delete anything else, but not this part!”

The director, who was middle-aged, smiled and assured him that this part would definitely stay. Both sides exchanged handshakes and the joyous interview ended.

…

At 9:00 pm on the 31st, after Z Television Network’s ‘News 1+1’ program aired the interview with Xing Hai Technologies founder Chen Jin, they attracted great attention from the audience. The program’s viewership reached its greatest high in three years. Although much content was removed from the interview, the way the young chairman publicized himself and his confidence left him a deep impression in the audience.

His sentence, “I’m not interested in the western market,” made innumerable netizens call him out for his act of dominance. It was also then listed in “Xing Hai quotes.”

The concept of “Absolute Wages” that the young chairman came out with at the end of the interview almost caused a storm, immediately drawing discussions from the entire field of economy and the mass public. It became the hottest topic for the mass population of netizens, sweeping through the whole internet.

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