Chapter 328 The predecessors cut down the trees, and the descendants are exposed to the sun
Li Dongling glanced at Zhang Yufeng a few times, and then looked at Song Zhiliang aside, seeing that he didn’t seem to be surprised by Zhang Yufeng’s words, obviously. Knowing this, Li Dongling couldn't help but speculate whether there was some inside story.
“What does Mr. Zhang mean by this? You shouldn’t have to worry about selling the shares issued by Founder through IPO financing, right?”
Eating a piece of Shandong cuisine’s representative dish of braised sea cucumber with green onion, there is a story. The taste will be impossible to taste in another ten years, because the sea cucumber is cooked with Feilong fresh soup, which is made from hazel chicken. What can I say about this thing? After being stored for twenty years, let alone the judgment of the person who made it. For several years, as long as you sit on the table, you don’t care whether you eat meat or not. It started in three years...
That is, now, hazel pheasants, bear paws, tiger tigers and other things have not yet been controlled. Pandas even perform acrobatics to earn a living, let alone them, so they have a chance to get it.
However, after a few years, this Feilong Diao Tang and dishes made from wild sea cucumbers will probably not be available, because more and more people are getting rich, and more and more people are eating these things, and many of them have been eaten. Now that it is an endangered species, can we protect the animals? Only in the past few years can we have a taste of it.
So in later generations, if some famous dishes taste bad, it may not be that the chef is not good at it, but that some of the side dishes cannot be used, like this roasted sea cucumber with green onions, which If the chef dares to use Feilong to stir-fry the soup, that is really a punishment.
After taking a few bites, Li Dongling wiped his lips and said tentatively to Zhang Yufeng, but his eyes were fixed on Zhang Yufeng and Song Zhiliang.
Zhang Yufeng suddenly wanted to give Founder's financing shares to Dongling Hi-tech. Li Dongling couldn't help but wonder what he was trying to do. As for letting Dongling Hi-tech earn the proceeds from Founder's listing in vain, Li Dongling didn't believe it at all.
You must know that the listing of domestic companies is not only considered a symbol of "success", but also an opportunity to make a fortune, especially the original stocks. How many people are squeezing their heads to get them.
Although the stocks issued through IPO financing are not as good as the original stocks, Founder's current revenue capability and reputation are at stake. It makes no sense. The issued stocks cannot be sold, or there are no scenarios where securities companies subscribe.
At this time, Zhang Yufeng proposed that Dongling Hi-Tech subscribe for Founder's shares, which inevitably made people speculate whether there was any change.
After Zhang Yufeng and Song Zhiliang looked at each other, Song Zhiliang spoke again, "This time Founder is planning to issue 162.5 million shares at a price of HK$1.98 per share, with a total financing of 320 million. Hong Kong dollars!”
Li Dongling After hearing this, I couldn't help but be silent for a moment. Founder is making a big deal. He raised 320 million Hong Kong dollars at a time, which is equivalent to 360 million yuan. It is much more than Founder's total profit in the previous two years. This financing, This is equivalent to Founder receiving a large amount of cash flow at once.
“With Founder’s reputation, there should be no need to worry about the subscriber for such a stock price, right?” Li Dongling thought about it and said.
Hearing Li Dongling's words, Zhang Yufeng and Song Zhiliang both looked embarrassed. Zhang Yufeng said with some embarrassment, "On the Hong Kong stock market, there are some doubts about mainland red chips!"
Meeting Li Dongling With a puzzled look, Zhang Yufeng knew that Li Dongling might not pay much attention to Hong Kong stocks, so he simply pointed it out directly, "Lenovo was listed in Hong Kong last year with an issue price of 1.33 yuan, but... this year Lenovo suffered a huge loss of 245,000 yuan. One million Hong Kong dollars, the stock price fell below 40 cents, which also caused the entire domestic red-chip stocks to be cold in the Hong Kong city."
When mentioning this matter, Zhang Yufeng felt unlucky. Fang Zheng was completely unlucky, and Fang Zheng followed him! The businesses of Lenovo and Lenovo are completely different now.
But Hong Kong City doesn't care. The investors there only know that Lenovo and Founder are companies from the mainland.
The key point is that Lenovo is so scary. The issue price was RMB 1.3. For more than a year, not only did it fall below the issue price, but it was about to run towards bankruptcy, so much so that I originally had no confidence in mainland red chips. People in Hong Kong who are quite fanatical are now somewhat shy away from mainland stocks.
The reason why it can lose so much is because Lenovo is currently engaged in the research and development of boards for network cards, sound cards, expansion cards, and graphics cards.
But what was Lenovo’s situation before? On the outside, it looked like flowers and beautiful scenery, but inside, Boss Liu and Academician Ni were at loggerheads.
The Lenovo Technology Department is Academician Ni's domain. After Academician Ni left, Boss Liu conducted a round of purges in the Lenovo Technology Department, driving away Academician Ni's people or transferring them from their posts.
This book is not wrong. Once the emperor and the courtiers came, Academician Ni left, and Boss Liu replaced the technical department with his cronies, so that he could give orders and it was justified.
But the departure of Academician Ni is indeed a serious blow to Lenovo, especially the technology department. Perhaps to prove that he was right, Boss Liu, who has always been reluctant to invest in research and development, developed a Lenovo board. Compared with motherboards, chips, and graphics cards, the technical difficulty of developing the board is definitely lower. If the Lenovo board can be successfully developed, Card, Boss Liu was able to yin and yang with Academician Ni when facing the media, proving that Lenovo can still conduct research and development on its own without Academician Ni.
However, it turns out that Boss Liu’s layoffs have hit Lenovo’s main artery. Without Academician Ni, Lenovo can’t do it. Now Lenovo is losing money in the board and card project. In less than two quarters, it has suffered huge losses. 245 million Hong Kong dollars, and Lenovo’s stock price fell like an avalanche.
Of course, different people speak different words. In the previous life, someone blamed Academician Ni for the failure of Lenovo's board card development.
He also swore that this was the reason why he was unwilling to let Lenovo do research and development. The compensation was really too much. But at that time, Academician Ni had already been ignored by him. He had no funds for research and development, and he was eventually driven away. At that time, he also took the blame.
In this life, Academician Ni has been poached by Dongxin Semiconductor long ago and serves as the chief engineer of Dongxin Semiconductor. The blame for the failure of Lenovo's board cannot be blamed on Academician Ni. Now Boss Liu is probably Worried.
Not to mention Lenovo's unlucky situation, its stock price collapsed, leaving domestic red-chip stocks in the cold in Hong Kong.
Founder ambitiously proposed to issue 163 million shares, accounting for 32% of the entire Founder equity. If the issuance is successful, Founder's equity will become about 56% of Founder's equity held by Yanda Asset Management Company. Founder's management holds 12% of the shares.
If the issuance is successful, it can raise 320 million Hong Kong dollars. Not only Founder Group can get a large amount of cash flow, and it can make a big move, but Yanda Asset Management Company, as the parent company, can also enjoy it. A big piece of meat!
Why are so many companies now struggling to go public? Because they still need to pay back the money they borrow from banks, but they don’t need the money raised by going public. This alone is enough for countless companies to fight for. Destiny is on the market.
Listening to Zhang Yufeng’s words, Li Dongling already understood what Founder wanted to do. Now that Founder’s financing has been sluggish, he wanted to let Dongling Hi-Tech “pull” Founder and subscribe for a part of Founder’s shares to turn the heat. Speculate, so that other investment institutions and investors will follow up.
The more than 300 million Hong Kong dollars raised by Founder is nothing to Donglin Hi-Tech, and it won't be a problem to absorb it all. In the short term, it may lose money, and it will definitely fall below the issue price, but in the long term, as long as it doesn't let go , Founder’s market value will be the highest in the future, reaching 360 billion. At that time, there will be no problem in cashing out and getting a hundredfold return.
But whether you want to pull Fangzheng’s hand or not, you need to pay attention to the losses in the early stage. You can’t Zhang Yufeng and open your mouth. Dongling Hi-Tech will help, and it will help the place so easily. From then on, Fangzheng had no choice but to think that Tanglin Hi-Tech had taken advantage of him, so he had to beg Tanglin Hi-Tech!
"Perhaps, Founder can try to lower the stock issuance price and reduce the scale of financing..."
"No!"
Before Li Dongling finished speaking, Song Zhiliang said Bian couldn't help but speak first, hesitated for a moment, and then said, "Mr. Li, Fang is a school enterprise and a state-owned enterprise. There are so many pairs of eyes staring up and down!
If the issuance price is set too low and the financing scale is too small, people may question the loss of assets of state-owned enterprises in the future. By then, neither Founder nor Yanda Asset Management Company may be able to afford such risks! ”
To put it bluntly, if the stock price is set too cheap, then some people will inevitably question whether there is something shameful about Founder’s stock price being set so cheaply and rushing to give out equity to overseas investment companies. Activities?
In addition, the scale of financing is small, and Yanda Asset Company is making less money. Song Zhiliang is not easy to communicate with the Yanda School Committee.
This is what Fang Zheng is doing now. We were in a dilemma. We were running Founder to go public, and it was Zhang Yufeng who was the first to be fired when he was elected as the head of Founder. There was no way he could make Founder give up on the listing, even if it was suspended.
If Founder fails to go public, Zhang Yufeng's prestige in Founder will be gone. People will be dissatisfied, and the team will be difficult to lead, especially for the new leader.
Zhang Yufeng has been anxious and angry about this matter during this period, and has also approached many companies and institutions. However, regarding Founder's stock issuance, he either takes a wait-and-see attitude, fearing that he will lose money, and is unwilling to take risks, or he makes harsh demands. Conditions, there has been no progress.
As for finding state-owned investment institutions such as Bank of China International, ICBC, CITIC Investment, China Merchants Investment, etc., it is even more difficult. If they lose money after taking over Founder's stock, these investment institutions will also be questioned, which also involves state-owned enterprises. Regarding assets, the heads of these state-owned institutions were not willing to bear such risks for Fang Zheng.
The news that Li Dongling will send Li Dongyue to Yanda University gives Zhang Yufeng hope. The strength of Dongling High-tech is now unique in the domestic technology industry. Coupled with the influence of Dongling High-tech, it I have subscribed to Founder shares, but are I afraid that others will not accept my subscription? !
Zhang Yufeng has flown to Hong Kong City many times this year. He knows Li Dongling’s influence in Hong Kong City. Countless people among the younger generation in Hong Kong City are enthusiastic about Li Dongling, the founder of Dongling Hi-Tech. Hong Kong The media is also chasing news about Li Dongling. If Li Dongling is willing to take action, then Fang Zheng will definitely be able to weather the storm.
(End of this chapter)