Chapter 187 If you dont grab it now, then when will it be better?
In the Mainland during this period, the understanding of stocks was still quite superficial. The only one that left an impression may be Mr. Contradiction's "Midnight".
In other words, even if "Midnight" is a famous work, how many people have actually read it?
So, if Luo Changfeng can say these words, don't worry about it, right? He has obviously done his homework beforehand.
So Li Yuan smiled and said, "Brother Luo, you are right in understanding this. The biggest function of a company going public is rapid financing."
"Then let's assume that if a certain state-owned enterprise needs to be restructured, how should they go public?"
The two looked at each other and couldn't help laughing. It turned out that this was Luo Changfeng's purpose.
As the old saying goes - there is never a shortage of smart people in this world.
The upcoming successful listing of Yeshan Qingquan has not only attracted Hong Kong businessmen to imitate, but also many people in the mainland are preparing to imitate.
Especially in Shannan Province and Neizhou City, do you really think they don’t know anything about Yeshan Qingquan? Don’t you feel like they are playing karate?
It's nothing more than the huge pressure to attract investment. In addition, Li Yuan and Huang Jiaojiao do things beautifully.
The contract was fully implemented, no payment was owed, and no commitment was violated.
Huang Jiaojiao, who has a background in the Huang family, has the aura of a patriotic businessman, and actively cooperates with the publicity of various departments.
Then the 200 million Huazi debuted, giving everyone reassurance. Then the first round of financing became popular, and the market value was directly speculated to 200 million to 300 million Hong Kong dollars, which made everyone smile...
You know, of the 1.5 million yuan raised by Neizhou City, in addition to the monthly income of the cadres, 500,000 yuan is a support fund specially approved by the municipal government!
If something goes wrong, it will turn into illegal fund-raising, and the entire state of Neizhou will definitely be in trouble.
Therefore, the success of Yeshan Qingquan immediately gave some inspiration - isn't it just karate? Don't we know how to play? There are many stupid people in Hong Kong, and here we are full of old state-owned enterprises that are struggling. Isn't that complementing each other's advantages? ?
After understanding what Luo Changfeng meant, Li Yuan explained with a smile, "If you want to go public, it is definitely impossible for a loss-making company. The impossibility mentioned here is the loss in the accounts? Do you understand what this means? That is, He said that it must be carefully packaged. Also, if you want to be listed on the Hong Kong Stock Exchange, you must have an accountant recognized there."
"Can I understand that even a loss-making company can still go public as long as it can make false accounts?"
Li Yuan laughed.
Luo Changfeng looked a little embarrassed, "This is just what we two brothers are chatting about. It doesn't count when we go out, haha."
After laughing for a while, Li Yuan nodded, "Brother Luo, yes! This sentence doesn't count even if you go out!"
The two had a glass of wine, and Li Yuan continued to explain, "Logically speaking, it is illegal to make false accounts, so it is best not to do it. In fact, there are other ways to package the company. This way is There are many. The key is legal compliance. As for turning into junk stocks after listing, that is another matter."
"Okay! Let's just assume that if there is such a loss-making state-owned enterprise, how should we package it?"
During this period, this was actually the common thinking of domestic leading cadres. They treated the stock market as a cash machine, and finally let a large number of loss-making companies go public. This caused domestic investors to cry without tears. On the contrary, why should truly high-quality companies be listed on the market?
Ah? Do you want to give money to those stock investors?
However, times are different, and concepts are different. Li Yuan did not explain much, "Brother Luo, the situation of each company is different, and the methods adopted are also different. The simplest method is to inject a high-quality asset, or simply a large amount of cash."
.”
"If we get cash, does the company still need to restructure?"
The two laughed.
In fact, when meeting Li Yuan today, Luo Changfeng came with a mission. This kind of private communication makes it easier to say some things and leaves some room for maneuver.
Luo Changfeng finally asked the question he was most concerned about, "Yuanzi, if all those wineries are handed over to you, are you sure that they will be listed on the market?"
Sure enough. But something seems wrong? Li Yuan quickly asked, "How many companies?"
"Yes! In addition to the municipal winery and your Fengling County winery, there are two county wineries that are also suffering serious losses. We are ready to package it for you. No money is needed, just two requirements - one to resume production as soon as possible; the other
Arrange the workers."
"How many workers?"
"Including temporary workers, it's more than two thousand!"
For the city, worker placement is the most important issue. On the other hand, those factories are not very valuable and are insolvent anyway. What if they can be listed on the market? How many of them will still have some shares left?
"That's three thousand!" Li Yuan thought about it for a while, "Brother Luo, I can't give you an answer today. I'll give you a reply in a few days."
"That's no problem. Although we are a bit suspicious of dumping the burden, we still hope that you will be equally satisfied."
"Brother Luo, let me remind you, we may not be sure of going public. Even if we can go public, we will have to wait at least three to five years."
"Oh? What's the meaning of this?"
"You should understand that Yeshan Qingquan was a coincidence, or that a loophole was exploited. Everything is like this. It is best to exploit the loophole at the beginning. But it gradually becomes more and more difficult. As time goes by,
, will this loophole be filled sooner or later?"
Luo Changfeng understood immediately, "Yuanzi, don't worry about this. Everyone knows that going public is not that easy. You can't force it. Just try your best. The key is to save the winery and provide placement for the workers. Just give it.
Please tell me the truth! The city has made up its mind this time, so it has given so many preferential conditions. Including the debts of those wineries, they will also be coordinated with you."
Li Yuan smiled and said, "That's it, we should follow the market rules and we can't let other manufacturers suffer. It will make other people steal their cattle."
Amidst laughter, Li Yuan continued, "According to the situation of those wineries, there is basically no problem. It is nothing more than sincere cooperation. Including us and the city, we must not be impatient, as it may not be possible to turn losses into profits so quickly. In the end,
The main thing is to re-build the brand. You also know that the advertising effect of Yeshan Qingquan’s 200 million Huazi is indeed good, but it also costs a lot of money first.”
This chapter is not over yet, please click on the next page to continue reading! "I understand this. Then have you asked? How are Hong Kong companies going to operate?"
"I don't know the specifics. In the short term, it may be beer, but in the long term, it should be red wine."
"wine?"
"Yes! It's wine. There are no well-known liquor brands in our province, and they can't compete with major liquor provinces such as Sichuan, Guizhou, Shanxi, and Shandong. We simply need to open a new runway and create a red wine brand."
"Building a brand? It's very difficult. Are you sure about it?"
"Let me two brothers say that we will prepare for cultivating the market for at least three years and not care about profits. To put it bluntly, even if we go bankrupt in three years, we have already supported the workers for at least three years."
"That's true."
"Anyway, I will give you a reply in a few days. If the other side agrees, the main conditions will be clearly stated, and we can discuss it again then."
"Okay. Don't worry about these few days. You can think about it slowly..."
"..."
…
Li Yuan felt it was a bit funny. Originally, I only wanted to buy one small winery, but I didn’t expect that it turned into four in the end. I originally wanted to spend 18 million to buy it, but now it turned out to be free of charge?
Having said that, in Li Yuan's eyes, there is actually no difference between one house and four houses. For funds, you can go to banks in Hong Kong. The mainland does not attach much importance to land value, but Hong Kong banks pay special attention to it. Who makes Hong Kong a group of big real estate developers?
?
And it can also solve the problem of Sokil's beer production line, which is exactly killing two birds with one stone.
As for red wine, there is no market for it yet. Does it need to operate at a loss in a short period of time? It’s not like Yuan, a big owner, can’t afford to lose money. Dingtian subsidizes tens of millions every year. In order for the private winery to be able to show off in the future, Brother Yuan, I will work hard!
On the other hand, despite the fact that it is almost a free gift, it is actually of great benefit to Neizhou City, as it gets rid of at least four burdens.
In any case, the two parties are still in the honeymoon period. Li Yuan's repeated success here has brought high credibility.
After contacting Huang Jiaojiao, the two parties quickly signed an agreement
This new winery is called Tangzun Liquor Group. Yeshan Qingquan invested in y (beer) shares, holding 43% of the shares. Liyuan invested 5 million in cash, holding 20% of the shares. Neizhou City
It has invested in four wineries and holds 37% of the equity. Miss Huang is still the e-wine of Tang Zun Wine.
Tangzun Winery is preparing to launch two major brands - Yeshan Beer and Tangzun Wine. Of course, not even a drop of wine has been produced yet. And from the four branches, two second-hand beer production lines have been demolished and are ready to be shipped to Copenhagen.
Kiel's y (beer).
Then Li Yuan started the sexy operation again.
First, the land owned by the four factories was mortgaged to a bank in Hong Kong and a loan of 8.2 million was obtained. Later, it was injected into Tangzun Wine Industry through Liyuan.
Anyway, the wool comes from the sheep, and the loan is all spent. What? The numbers don’t seem to match up? Isn’t that nonsense? The more than 3 million needs to be faked by Brother Hao and Sokil’s accountants, lawyers and others...
Package!
Since packaging is needed, the most suitable one is y (beer) from Tiangao Huanghuangyuan. With dozens of kilograms of legal documents, y (beer) has been successfully inflated to a market value of 4.2 million US dollars!
Oh my God! Now Y (beer) doesn’t have a single worker, not even a brick, but it has already blown 4.2 million US dollars?
[An app that has been running stably for many years, comparable to the old book-chasing tool, a source-changing app used by old bookworms, huanyuanapp]
Then based on the valuation of y (beer), Yeshan Qingquan has 51% of the shares of y (beer), which is US$21.42 million. That is equivalent to 43% of the shares of Tang Zun Liquor Industry, which is also US$21.42 million, and the total market value is US$10,000.
?Almost 5 million US dollars, 50 million soft sister coins?
Damn it! A giant wine group was born just like that! And Li Yuan didn’t pay a penny.
Don’t tell me, this calculation is not completely unreasonable. There are four branches in China and one brewery abroad. Are you a proper multinational company? There are also two major brands... okay! They are still unknown at the moment.
, not even a bottle of wine was sold.
But if these two major brands succeed, even if they are third-rate domestic brands, are they worth the price?
Anyway, these are all calculations on paper, and they are not real application materials for listing. Even if you blow it to 500 billion, no one will care about you.
However, with this result, all parties are quite satisfied
Needless to say, Li Yuan and Huang Jiaojiao are a pair of losers. They once again have nothing to worry about. And they don’t have any worries. To say the least, as long as they grit their teeth and persevere for three years, they will have completed the attack on Neizhou City.
It doesn’t matter if the company fails to make the IPO;
Neizhou City was even more overjoyed. I thought it was a free gift, but I didn’t expect to get shares worth about 18 million. Although the 18 million was on paper, I was happy to see it;
Thorkill is equally happy, the beer production line is finally here. The flowers we have been waiting for have all faded;
Of course, the workers were happier. They almost cried with joy. Finally, they found a successor! Moreover, in the agreement, Tang Zun Liquor also promised that in principle, all of them would be retained! Suddenly, there was no need to worry about being laid off. Therefore, the workers were all motivated.
Absolutely, with the new capital injection, they have made preparations to resume work and production;
Those creditors also breathed a sigh of relief. Because with the 5 million, they could receive some part of the debt. Even the original big customers were not lost, but a new big customer like Tang Zun Liquor Company came...
…
The establishment of Tang Zun Liquor Industry, especially the high valuation of y (beer) of US$4.2 million, has also resulted in many other unexpected gains.
The most obvious thing is the hot sales of Yeshan Qingquan's pre-sale shares. Although it has not yet reached the time for the last financing before the listing, many people are trying to snap up these original shares through their own connections, showing their magical powers.
It should be admitted that in the early 1990s, the Hong Kong securities market was not that formal. The implementation of many regulations was marginal, and some did not even exist, especially those regulations that protect retail investors. They were just for the convenience of cutting leeks.
For example, when it comes to transactions by major shareholders, there is no such thing as prior announcement. You can imagine how convenient it is for major shareholders to manipulate the stock price. People who can play with it are in a state of ecstasy.
Therefore, such early sales have become commonplace. After all, people without a certain amount of energy cannot contact underwriters at all.
Although the price of the pre-sale shares has been reduced to 2 yuan, they are still being robbed by all parties. This has made both Bank of China and Haishang Loan very distressed. Even Huang Jiaojiao is very annoyed.
But those investors are still reluctant to give up - even their subsidiary Tangzun Wine Industry is worth more than 35 million (HK dollars), so the stock price of Yeshan Qingquan has not burst out of the atmosphere? If you don't grab it now, when will it be better?
In the end, even Bank of China and Haishang Dai were frightened by such madness. In desperation, they could only keep the last 5 million shares, and sold all the rest. They really couldn't sell any more, otherwise they would go public.
Pre-financing has become a joke.
However, in the midst of the optimistic atmosphere, noise suddenly appeared. A certain stock commentator published an article in the financial section of a major newspaper with a shocking title - Wild Mountains and Clear Springs, a False Feast for a Group of Revelers!