Spread the word

Author: quiet thoughts

Spread the word

In Neon City, in addition to the conditions mentioned by Ichiro Watanabe before, there are many process problems.

Not to mention the three-year operating period, I would like to take the first step in the city to decide whether to choose an accounting firm to audit the company's financial situation.

This accounting firm must be a third party and an authoritative accounting firm recognized by the Financial Services Agency.

It will conduct a comprehensive audit on the company's assets, operating conditions, payroll, financial statements, etc.

The purpose of the audit is to check whether the company's operating conditions are normal, whether there are any tax loopholes, and whether the financial situation is consistent with the company's external financial statements.

If there are no problems in the previous audit, the third-party accounting firm will issue an external audit report.

With that report, you can proceed to the next step in the city process.

In fact, such an audit can not guarantee the interests of shareholders. After all, after the company is listed on the market, there will be many retail investors buying its shares.

And retail investors do not participate in the company's monthly operations, so how to ensure the interests of retail investors?

The annual audit report is the best way for the outside world to understand the operation of the company.

The same is true for new companies in the market. Only with a third-party audit report can the Financial Services Agency and the Topix Exchange officially recognize their presence in the city.

After discussions between Hongchuan Kaede and Watanabe Ichiro, it was decided that the external audit of Hongchuan Electric would be handed over to Deloitte and Beiyi.

They are a world-renowned accounting firm with branches in many countries around the world, and Neon is no different.

And the audit reports they issue will naturally be recognized by the Financial Services Agency and the Tokyo Stock Exchange.

After all, in the accounting firm business, the most valuable thing is credibility.

Please ask me to help transfer the nuclear crisis to the party. Then the accounting firm will lose all credibility in the future, and its business will also face a devastating blow.

Therefore, if you leave the audit work to them, whether it is Hongchuan Electric or the Financial Services Agency, everyone will feel more at ease.

This work is usually completed within one to two weeks. After receiving the audit report, Hongchuan Electric will decide whether to choose the securities firm it requested.

Regarding the selection of securities firms, is it easy to say? Well, the three of you here are not.

After the securities firm is determined, the securities firm will also review Hongchuan Electric's finances again.

Regarding that part of the work, Hongchuan Feng is not worried at all.

Not to mention that they are not shareholders of Hongchuan Electric. Now that all the unissued stocks have been divided up, are you worried about the review?

Of course, they can take the initiative to invest in Hongchuan Electric, and they must have reviewed Hongchuan Electric's financial affairs.

Otherwise, who would make fun of their real gold and silver? If there are no accidents in that part of the audit work, Keke will be faster than a third-party accounting firm.

Zhai Mule passed all the reviews and made the mistake public.

At that time, Hongchuan Electric will prepare materials and formally submit the listing application to the Financial Services Agency and the Tokyo Stock Exchange.

After the Financial Services Agency's approval, the Tokyo Stock Exchange will conduct a "substantive standard" review of Hongchuan Electric.

The so-called substantive standard review refers to the previously mentioned rigid conditions such as market requirements, market capitalization, tradable shares, shareholder structure, etc.

If all Hongchuan Electrical Appliances meet the requirements, the Tokyo Stock Exchange will schedule Hongchuan Electrical Appliances for a first interview and material review.

After that, we had a second interview and conducted an on-site inspection with Hongchuan Electric.

If everything goes smoothly, the Tokyo Stock Exchange will conduct a third or final interview and material review.

The mistake in that interview was with the chairman, supervisors and auditor of Hongchuan Electric.

If there are no problems in all aspects, the city will finally be approved and an announcement will be issued.

This covers all the procedures that Hongchuan Electric will go through in the market, the most common of which are various reviews and interviews.

After reading the city plan in her lap, Hongchuan Feng sighed deeply.

It’s really not easy to get your own club in the market.

"Watanabe-san, if everything goes well, how long will it take for Hongchuan Electric to be approved in the city?"

“From the time of entrusting a third-party accounting firm, the entire process will last approximately three months.

Of course, because the securities firms have simplified the process, it will take more than two months to get a reply from the Tokyo Stock Exchange."

Ichiro Watanabe missed all the details. He said it was more than two months, so it was not more than two months.

Don’t forget that the No. 1 Bank he represents has many connections with the Financial Services Agency at all levels behind it.

In his opinion, Hongchuan Electric's success in the market is a sure thing.

Even if there is any minor defect in Hongchuan Electrical Appliances, First Bank will help him fix it.

After receiving Ichiro Watanabe's answer, Hongchuan Kaede thought about it for a while. In that case, more than two months was not too long.

Counting from July, you can get the city permit in September or October.

Neon is not like the Celestial Empire of later generations. Even if it gets approval to stay in the city, the queue alone can last for several years.

As for the reason, is it because there are too many companies in China?

All government departments are weak, so how can they get up so quickly?

However, the size of Neon is very large, and there are very few clubs in the market that can satisfy it, let alone a main board like TSE 1.

Therefore, with the permission of the Tokyo Stock Exchange, Hongchuan Electrical Appliances will be on the market soon.

Although the porting process lasted only two months, there was not much to do in between.

Various reviews and information are expected to come later.

Hongchuan Feng has gone through everything that happened with Hongchuan Electric in the city, and Hongchuan Feng probably knows a lot about it.

He knocked on the table, then stood up and looked at everyone present.

"In that case, let's prepare separately. May your military fortune be prosperous, gentlemen!"

"Prosperous military fortune!"

That sentence instantly aroused everyone's enthusiasm. Is there a good opportunity to make a fortune in the market?

Not only for their respective clubs, but also for them personally.

Not to mention the bonuses that can be obtained after completing the transaction, Hongchuan Electric's external IPO before going public alone will make a huge profit for them.

Of course, as the founder of Hongchuan Electric, Hongchuan Feng will also prepare some personal shares.

After all, Hongchuan Electric no longer belongs to him personally, and the annual profit needs to be divided into dividends in proportion.

So is it reasonable to take this opportunity to arrange some personal shares for yourself? It doesn’t need to be too much, one or two percent is enough.

Even if those shares have passed the sales restriction period after the market, Hongchuan Feng will not cash out, so they can be kept for future use.

At the end of May, after working with First Bank and others to confirm many matters related to Hongchuan Electric in the market, Hongchuan Holdings started to do business again.

Not long after June, Hongchuan Electric began to express its intention to be in the market to the Financial Services Agency.

There is a customary process, but there is no formal written application.

After receiving a positive response from the Financial Services Agency, Hongchuan Electric officially entrusted Deloitte and Beiqiu to conduct external audits themselves.

After all that was done, it happened to be the beginning of June, the third anniversary of the official establishment of Hongchuan Electric.

On that day, all neon TV stations were broadcasting the same advertisement at fixed times outside of morning prime time.

In the picture, a retro vinyl record player is spinning quietly, and melodious music is slowly coming from the background.

Soon the leg holding the pen appeared, and after modifications and modifications, the vinyl record player was greatly slimmed down. In the end, only a small machine remained, that is, a Walkman player.

The body is glowing with metallic luster and full of texture. The "KITA" logo flashes a bright light as the light shifts.

At this time, the background music became more and more dynamic, full of fashionable and lively flavor.

Since then, various types of headphones and handheld consoles have appeared one after another, but the only thing that remains unchanged is the "KITA" logo engraved on various parts.

At the beginning of the screen, silhouettes of several unknown products appeared, including speakers, CD players and other products that Hongchuan Electric is preparing to launch next year.

Because of the silhouette, no one knew what the specific product was, but their curiosity was aroused.

And just when everyone thought that this particular advertisement was about to end, the scene suddenly changed.

An aerial picture appeared on the TV screen, an aerial picture of No.

Looking down from the blue sky, the vast land has a large area of ​​modern production plants neatly arranged on the side of the Tama River.

Because of its huge scale, it covers an area of ​​more than a thousand acres and is densely packed with factories.

The vision has brought a very strong impact to the audience in front of the TV, and that is Hongchuan Electric's super factory in Kawasaki.

Subsequently, the two factory sites in Akita were rejected in turn, as well as the collective appearance of thousands of foreigners outside the factory in California.

These scenes were all shot using the quick cut method, and the images on the TV flashed one by one.

The first "dang" bell rang, and the Tokyo Stock Exchange building froze on the screen.

Hongchuan Feng pressed the remote control in Dong's leg, and silence returned to the outside of the bedroom.
To be continued...