Chapter 501: Annual gathering

As a financially independent subsidiary of Xingchen Technologies, Xingchen Games effectively had two bosses, Xu Tingsheng and Old Jin.

While it did not generate wealth for the other members of Xingchen Technologies besides Xu Tingsheng, much of Xingchen Games’ work was actually finished with the help of the talents and manpower of Xingchen Technologies.

What did this mean?

It meant that Xu Tingsheng and Old Jin were receiving a favour from Xingchen Technologies.

While Hu Chen, He Yutan and the other employees of Xingchen Technologies might not be especially concerned about this at this point in time, it was something that Old Jin and Xu Tingsheng had to take into consideration.

“First, we must repay the favour. I’ll do that. Second, we can’t always take advantage of them like this. You should consider taking out some shares,” Old Jin said very candidly and directly.

Old Jin left to discuss the venue, programme and prizes with a hastily established preparation squad.

Xu Tingsheng remained by himself in the meeting room.

Having a hundred percent of the shares as he did now was intrinsically unfeasible, especially with internet enterprises where such a situation was virtually unheard of.

From what Xu Tingsheng knew, Zhou Hongyi had just 18% of Qihu 360’s shares whereas his employees had 24% of its shares in total. This was standard for internet enterprises right now.

As capital flowed in like a torrent amidst the internet era, countless companies were springing up everyday like bamboo shoots after a downpour. This competition was incomparably tragic. Meanwhile, the bulk...