Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 594: The Battle for Listing

The next day, Chairman Yunhua Secretary called Qin Kong: "Teacher Qin, the meeting will be held at 2:00 this afternoon. Please attend it."

Qin Kong agreed and looked at Liang Ange, "It's a problem to join the company, and you can hold meetings at any time."

"You need to have a meeting, but others cannot." Liang Ange complained.

Qin Kong smiled.

In the morning, I went to the R&D center to see the experts doing experiments, and in the afternoon, I went to the company for a meeting.

When I walked into the conference room, there was already someone inside. The chairman introduced two of them to him, "Teacher Qin is here? This is the governor of Yunzhou, this is the minister of commerce."

I used to deal with the Tourism Bureau, but I had never met two of them. Unexpectedly, the governor and minister came to a meeting, and I didn’t know what important things to say!

Qin Kong quickly bent down slightly to the two leaders who took the initiative to extend their hands and stretched out their hands, "I'm sorry, I won't hold my hand, right?"

When the two leaders saw it, they said with concern: "What's going on?"

"I'm testing a new perming product recently and I've hurt my hand."

"oh."

The chairman smiled and said, "This is the reason why Teacher Qin came over yesterday and said he wanted to make perming and dyeing products?"

"Yes." Qin Kong nodded. I guess Qingxiang reported it to him, and said, "I do want to make perming and dyeing products. I told the experts of General Secretary Qing and R&D Department yesterday."

The chairman laughed and said, "It's just for this today."

Qin Kong looked at the two provincial leaders, but he didn't know why the government came to the meeting to develop products.

Without asking any more, sat down.

"Teacher Qin's contribution to Yunhua is really great!" The chairman smiled, "We went to foreign magazines this time, which was taken by Teacher Qin. We have a good relationship with that editor-in-chief!" The chairman looked at the two leaders proudly.

The two leaders also nodded with a smile, "Yes! You, An Ge, and Yunhua, this time the advertisement was really very good!"

After chatting for a while, Qingxiang and other board members were all here.

"That's right." The chairman looked at everyone and said, "I heard Qingxiang's report yesterday, and Teacher Qin also wanted to launch a perming and dyeing product."

Everyone looked at Qin Kong.

The chairman smiled and said, "Look at Teacher Qin's hands."

Everyone looked at his hand again, and Qin Kong had to put it on the table. Everyone was surprised, but fortunately they didn't say Ultraman. After all, they were all old!

"Teacher Qin was doing an experiment and was injured by the decontamination product. Because his original decontamination product was removed from the shelves by Alice."

"Ah?" Everyone was surprised, "Is Alice having a fight with Teacher Qin?"

"The main reason is that Zhuoerfan wants to use my reputation and technology to promote Alice's perming and dyeing products. Although Alice sells shampoos in our country, it is actually famous for its styling products and is designated as a brand for Milan Fashion Week."

"Oh." Everyone nodded.

"I also met Alice's boss during Paris Fashion Week, and I refused at the time. Alas," Qin Kong said, "so I want to make my own perming and dyeing products."

The chairman continued: "I have read yesterday's meeting minutes, just like hair washing and hair care products, there is no need to doubt Teacher Qin's major, so it is definitely possible to make perming and dyeing products."

Everyone nodded, a little excited.

"Then I also told several board members that there is no problem in making products. The problem is that we have to make so many products at the same time, and the funds are not enough to support it."

The chairman looked at the governor and the minister of commerce, "If you have any difficulties, I also mentioned our current plans and difficulties to the leaders."

The two leaders nodded.

"Our suggestion is that Yunhua can prepare for listing." said the Minister of Commerce. "The government will reward Yunhua and help Yunhua go public."

The governor nodded.

The shareholders were very excited. Look at me and I look at you, it feels like a dream. Yunhua is about to change from a local specialty to a listed company!

Qin Kong and Qingxiang were both confused.

The chairman looked at everyone and smiled and said, "Yunhua does have this size, and we have achieved profits for three consecutive years. The basic conditions have been met. Some procedures, with the help of the government, will also go faster."

"If Yunhua wants to become bigger and stronger, the government will definitely support it with all its strength." The governor looked at everyone and his eyes fell on Qin Kong and Qingxiang, "Especially during this fashion week, Teacher Qin and Ange made Yunhua famous overseas.

Teacher Qin also won advertisements for top foreign magazines for Yunhua. With the attention of the whole world, this opportunity will bring great attention to Yunhua. The government is very optimistic about Yunhua's listing."

"Yeah, yeah." The shareholders nodded in excitement.

The Minister of Commerce said: "Modern enterprises must go public. Especially since you have learned that you have decided to develop multi-line products and build daily chemical groups. The government also attaches great importance to it!

Of course, a group company needs to go public. This is conducive to building Yunhua’s brand image and raising funds to make Yunhua develop faster and better. World-renowned companies are basically listed companies. We must seize this opportunity."

The shareholders nodded repeatedly.

"Yes! If we want to develop multi-line products and build a daily chemical group, we must invest a lot of capital. But our current source of profit is Yunhua.

Moreover, from last year to this year, Yunhua has been advertising and marketing, opening channels, changing packaging, etc., which has also invested a lot. There is really not much money that can be circulated on the books."

The chairman nodded, "It was precisely because of this. We originally planned to produce cosmetics first, but later Teacher Qin proposed to make hair washing and hair care products. Now we are going to make perming and dyeing products, and Teacher Qin hopes to make them as soon as possible."

The chairman looked at Qin Kong, and Qin Kong nodded.

"Yesterday, Qingxiang also said that a few products came out together, which could easily form a fist and make us more competitive in the market. So many products were launched together, and it would not be supported by essential oils."

"We also learned that perming and dyeing products cannot share the same production line with cosmetics. Even hair washing and hair care products cannot be the same line as perming and dyeing products, right?" A shareholder looked at Qin Kong.

Qin Kong nodded, "It's true. The perming and dyeing products are highly corrosive and must require a separate set of equipment and workshops."

"Yeah." Everyone nodded.

The chairman looked at everyone, "So, we have to invest in R&D, venues, equipment, labor, etc. Although essential oils are profitable now, they are not enough to support so many products."

Qin Kong lowered his head, so he called Qingxiang yesterday. Although he didn't know much about the specific operation of the company, he could think that it would be a bit difficult to build so many products at the same time.

"So, we think that only by going public in Yunhua can we win sufficient cash flow for Yunhua to maintain the development of multi-line products. Moreover, with Teacher Qin's reputation and Yunhua's brand, I believe that our listing will easily gain the support of shareholders."

The Minister of Commerce nodded, "The market value of listed companies will increase several times. Moreover, Yunhua is now a well-known brand, and Yunhua's market value will soar even more. In that case, you will not be afraid of producing more products."

Qin Kong looked at Qingxiang. He didn't trade stocks and didn't understand. He just roughly understood that listing could quickly raise a large amount of funds.

This is indeed good for developing new products.

But he didn't understand the hidden dangers of listing. He only thought that a company was awesome when it went public. However, Qingxiang's expression was not as happy as the shareholders and leaders, so he did not make any statement.

Everyone looked at them.

Because they are proposed to develop new products, and they are also launching at the same time. One is the helmsman of Yunhua and the other is the founder of the brand.

Their opinions are crucial!

Especially Qin Kong is both the founder of Qin Si and the second largest shareholder of Yunhua, and the shareholders are all looking at him eagerly. The leaders and chairman are also looking at him.

"What is Teacher Qin's opinion?" asked the chairman.

Qin Kong looked at Qingxiang, "I want to hear General Qing's opinion."

Everyone looked at Qingxiang again, and the chairman smiled and said, "Now Qingxiang, what do you think?"

"Mr. Qing proposed to build a daily chemical group, and he will definitely not object!" said a shareholder.

Qingxiang looked at them, "If you don't have a listed company's interests, and if you have a listed shareholder's interests, your assets will double soon. So I understand you, but I don't agree."

Qin Kong looked at her because he didn't know much about the difference between listing and not listing.

The shareholders were excited.

"Mr. Qing, you are wrong! We are not saying that we double our assets! We are not saying that we will go public and cash out immediately. We still want to invest this money in the operation of the company! We are also doing it for the company!"

"Maybe." Qingxiang lowered her head.

"Mr. Qing! What do you mean?"

"You are not the only one who thinks about the company!" said a white-haired shareholder, "We go to the woods and get off the workshop. Before you came, Yunhua is a local specialty, and it is also a well-known company in Yunzhou!"

"Yes! Although you are managing the company now, you and Teacher Qin have made great contributions to promoting Yunhua to become a national brand and going overseas. We all value you very much! But it doesn't mean that we don't care about the company's development, but only focus on personal interests!"

"Listing is also for the company's development! It can not only raise funds quickly, but also deepen our brand image! If our products rise sharply after they are listed, bringing benefits to shareholders, such national brands will also gain more support and national popularity!"

"Teacher Qin's technology investment, we also know that this is a great thing for the company's development! We have all actively given up our shares! Now that we are listed, we are willing to dilute our equity! How can we say it is for ourselves!"

"Mr. Qing, you are a top student in overseas business schools! We think you are the most unlikely to disagree! Your reaction surprised us!"

Everyone nodded.

"We hand over the company to you, we trust you! You don't trust us!"

The chairman said: "Don't argue, listen to Qingxiang tell her reasons."
Chapter completed!
Prev Index    Favorite Next