Chapter 1018: New Appearance

A staff member nearby interjected.

"Not only that, some people are ruthless; they'll hand us phones that are faulty, prone to burning out the Crystal Element, and have hidden traps."

"If we're not careful, we'll suffer heavy losses."

"No matter what line of work, it's never easy; there are constant overt and covert attacks."

"It's just us veterans; most of the time we can sense those traps."

"If a newcomer gets hold of such a phone, they could suffer huge losses; running into a few of them could wipe out a month's work."

"Phone repair also has a threshold; it also requires a solid foundation."

"This is an opportunity the market has given us."

"But there are obstacles; in recent years, big manufacturers' after‑service just swaps out whatever part is faulty—replace the motherboard if it's bad, the screen if it's bad—leaving no room for actual repair."

"Faulty components are taken back to the company, inspected by people or machines, then repaired or simply scrapped."

"This has cut our orders drastically; if it continues, we're likely to be eliminated, and naturally, our advanced repair skills will lose their market and disappear."

"Fortunately, the New Business Model appeared and gave us a lifeline."

"It also stopped the manufacturers' harmful strategies from damaging the broader environment."

"It also saved the livelihoods of millions of repair workers."

"This is a very novel perspective, describing the benefits the New Business Model brings to society."

Catherine couldn't help but ask further.

"You mean, manufacturing upgrades haven't reduced your job opportunities—they've actually elevated your positions?"

The other party shook their head.

"You can't say it was elevated; at the very least, it preserved our jobs."

"If we follow the industrialization trend, big factories will indeed gradually take back repair business."

"Because repair actually hinders their development."

"If a phone can be fixed cheaply, naturally their desire to buy a new one will drop significantly."

"If they keep pushing their 'swap bad for bad' plan, our skills will quickly wear away."

"Once society has far fewer people who can repair phones, I think they'll roll out a service to trade old or broken phones for new ones."

"That would directly strangle the repair industry while clearing the way for new phones."

"Once everyone forms that habit, regardless of whether a phone is broken, as soon as a new model appears, everyone will feel the urge to switch."

"That's the horror of habit, and also what Yang Lao called Business Taming."

"The used phones the manufacturers collect can be scrapped, or simply repaired and sold to third‑world countries."

"They can also make a second wave of profit."

"A simple after‑service actually has this many cats."

"Moreover, a repair worker can see things so clearly."

"You're really just a repair worker—how do you know all this?"

The other party snorted.

"This is already the consensus in our trade."

"Otherwise, when the New Industrial Model emerged, we wouldn't have rushed to set up a new company."

"To a certain extent, we're also saving ourselves."

"Unrestricted commercialization isn't always a good thing."

"After the New Business Model appears, it can break their monopolistic tactics, benefiting us, everyone, and society as a whole."

Catherine was shocked by the repair worker's insight.

"Do Daxia people always see problems this deeply?"

"Manager Fang, your workers are truly not ordinary!"

Fang Huaiyu shook their head.

"He's not just a worker; they're also shareholders of the company."

"Because of our industry's special nature, technology holds a crucial position in the company."

"So Technology Shares account for fifty percent."

"Capital Shares are only thirty percent—no matter who invests, they can only share in that thirty percent of profit."

"The remaining twenty percent goes to other positions."

"After all, as our company's business grows, we need all kinds of talent."

"Wages come from that twenty percent, and any surplus is also distributed as dividends."

Catherine was surprised by such a company structure.

"What about you then?"

"Me?"

"As of now, I hold 17% Capital Shares, 1% Technology Shares, and 3% Management Shares."

"That adds up to 21%!"

"Of course, this isn't absolute—like Technology Shares, they're reviewed monthly and adjusted according to the principle of distribution according to labor."

"In the end, how much will depend on our company's future development."

"The after‑service industry has great potential."

"It really is the New Business Model—the company structure has undergone significant changes."

"The bond between the company and its employees has deepened further, and naturally, the benefits of the company's development have been maximized for the staff."

"They're no longer mere grunt workers; they're members of the company."

The concepts of entrepreneur and capitalist begin to blur here.

Catherine was thinking about this change in her mind.

This model can maximally avoid class division.

Society's vitality will also increase significantly.

Everyone will also be more passionate.

The competitiveness of this model will be incredibly terrifying.

I just don't know what their financing situation is like, whether they have sufficient financing channels.

Otherwise, relying only on themselves, it would be hard for the company to develop quickly.

The Yingjiang people in the live broadcast room, upon hearing Fang Huaiyu's words, felt completely unwell.

What does he mean? What does he mean? Their technology is good, and they can also divide shares.

What if they go public?

Is it only taking thirty percent of it to go public?

Then who would buy?

As long as the company is good, there's no worry about selling, and because the shares are scarce, they might even sell better.

Then aren't they all shareholders? If the company develops, wouldn't they directly become multi-millionaires?

That's not necessarily true; shareholders are shareholders, but this portion of shares should not be freely tradable. Many companies in the Big Building follow the collective shareholding model, meaning you only have dividend rights.

Dividend rights? A startup enterprise finds it hard to distribute dividends, meaning they only have the name without actual benefit.

Those upstairs who don't understand shouldn't spout nonsense; they have a certain distribution ratio, with a minimum and a maximum.

They at least need to guarantee each other's livelihood, which is the minimum living standard.

Although it sounds obscure, I feel it's very high-end.

Yes, I long for it.

Speaking of our hamburger shop, does it belong to the service industry? According to their standard, can we have fifty percent dividend rights?

You're thinking too beautifully; do you want the boss to give you free work?

The boss first owns thirty percent of capital shares, which is already not bad.

We can give him fifty percent; management shares can come from us, and we just take thirty percent.

What are you thinking? Do you think you're in Daxia?

It seems many hotels in Daxia use a plan similar to these.

I've been to Qiongzhou; they can demand wages and also take dividend rights.