Chapter 795: Why not go public in the Mainland?


   After the news that the three subsidiaries of Zhiduoxing Group were going to go public, it quickly attracted the attention of many investors. Although it is only a subsidiary company, it has a lot of business, and its revenue capacity is not weak.
   A lot of financial institutions took the initiative to contact, hoping to become an underwriter of the listed fund raising of Zhiduoxing Subsidiary and willing to give a preferential price.
  Because they all know that there are many people who want to be underwriters and the competition is fierce. The Zhiduoxing Group's strength is here, and it doesn't worry that the stock can't be sold.
   And this matter was also known by some departments of Huaxia, and one of them took the initiative to contact Zhang Yang.
  ……
   "Zhang Dong, please come here this time because I heard that the three subsidiaries of Zhiduoxing Group are going to be listed and are all abroad?"
  Zhang Yang smiled: "Yes, President Zhou is very concerned about our company, thank you."
  I went overseas to list. What's your business? You still control me?
   "Zhang Dong, why not go public on the mainland? Isn't Yangcheng or Demon quite suitable? Especially the Yangcheng subsidiary, which is listed in Yangcheng, will definitely become a constituent stock, and I can guarantee this."
  Zhang Yang's curious baby's appearance: "Is there any benefit to the constituent stocks?"
   "Yes, political axe will help stabilize the stock price of the constituent stocks, and also increase your influence."
   "Stabilize the stock price, this is not worrying about others, Zhiduoxing Group has this ability. Our revenue is enough to support the company's stock price rise."
   "As for increasing influence, I don't think it's necessary. Does anyone know the brand of Zhiduoxing? Looking at the world, we are also a top brand, and in some industries, it is the absolute leader."
   "But why do you have to choose to go overseas for listing? Is it not good for a Chinese company to list in China?" President Zhou was a bit entangled. Many companies want to list in China, but Zhixing Xingxing dismissed it.
  If there are more companies like Zhiduoxing listed in Huaxia, wouldn't Huaxia's financial market be prosperous soon?
   "Chairman Zhou, actually I heard this sentence when I was listed in the Zhiduoxing Group. Then I will talk about it casually. You see how to solve it."
   "At that time, we wanted to lay out the semiconductor business in the Zhiduoxing Group, so it required a lot of money. I don't accept mergers and acquisitions with shares. The Zhiduoxing Group's equity cannot be left."
   "I raised 5 billion US dollars in cash in New York. If you are in China, do you know how much? The maximum is RMB 3 billion and less than US$ 400 million."
   "I can sell 5 billion yuan in the same stock, why not sell 400 million yuan? Who will make up for my losses? Who will make up for the losses of so many shareholders and so many employees in the company?"
   "Now the domestic financial market is stronger than before, but what is the problem with the listing of Yangcheng Zhiduoxing in Xiangjiang? Isn't Xiangjiang China's? The difference between the funds raised does you know how big it is?"
  Considering only yourself, have you considered Zhiduoxing Group? These thoughts disgusted Zhang Yang.
"How much capital are you going to let Yangcheng Zhiduoxing raise, and how much does the market value rise?" President Zhou still didn't believe it. How high can a subsidiary be, not more than 10 billion RMB, so there will not be too many shares to raise funds Billions of RMB are skyrocketing, how can it not be digested in China?
   "Yangcheng Zhiduoxing is mainly engaged in the mobile phone business of the Zhiduoxing Group. It is currently ranked third in the country and fourth in the global market. At the end of this year, it is expected to become the industry's second in the Chinese market and the global market."
   "This year's revenue is not too much, the operating income attributable to Yangcheng Zhiduoxing is about 5 billion US dollars, and the net profit can exceed 500 million US dollars. What do you think is the market value of such a company?"
   "Motorola, the market value of tens of billions of dollars, Samsung's market value is higher, the fifth wordy, the market value is also tens of billions of dollars."
   "Nokia ranked first, with a market value of over 100 billion pounds. I am not willing to say that it is comparable to Nokia, but is it okay to compare with Motorola and Wordi?"
   "Even if we don't have a factory, we just find someone else to do OEM work. What the system does is also developed by the Zhiduoxing Group. Technology research and development also belongs to the group company, and the operating income can be placed there."
"Mobile phones now account for 20% of the revenue of the Zhiduoxing Group. The current market value of the Zhiduoxing Group is about 120 billion US dollars, which means that the Yangcheng Zhiduoxing can be counted as 24 billion US dollars? Think about the rise, and estimate it to be 250. There is no problem with one billion US dollars, which translates to about 150 billion Hong Kong dollars."
   "We plan to issue 40% of the shares, then we need to raise 60 billion Hong Kong dollars of capital, can the domestic market digest it?"
  Chairman Zhou was stunned. How much Zhang Yang calculated the gap between him and his estimate, this is ten times.
   "In order to ensure that Yangcheng Zhiduoxing can raise enough funds, I let Xiangjiang Zhiduoxing go to London to list. Our different subsidiaries, going to different financial markets to list, is to raise more funds."
   "And there are many large mainland companies going to Hong Kong for listing, many of which have a market value of tens of billions of Hong Kong dollars, or even higher. Why haven’t I heard that President Zhou asked them to list on the mainland?"
   "Zhang Dong, I don't mean that." President Zhou suddenly wilted, "I just want to say that we are very supportive of Zhiduoxing, just hope that Zhiduoxing can be listed on the mainland."
   "By the way, Jingzhi Zhiduoxing and Bingcheng Zhiduoxing are not listed yet, have these two considered going to the mainland?"
   "Bingcheng Zhiduoxing is mainly engaged in the production of game consoles and learning machines, which is regarded as a manufacturing industry, and many businesses are also going downhill~EbookFREE.me~ It is meaningless not to go public on the market."
   "Beijing Zhiduoxing is mainly engaged in educational electronic products, covering the sales of Zhiduoxing products in the mainland market, and this one is not yet planned to be listed."
   "Chairman Zhou thinks the listed company must be good?"
  Listed companies have a greater chance to grow, and market value tends to become higher, which Zhang Yang strongly agrees with. But not all listed companies are necessarily good, and it is not uncommon for a listing to go bankrupt soon.
   Even many companies are completely hyping a gimmick and going public, because if they are not listed, their capital chain may be broken.
   There are many top non-listed companies in the world, such as the Big Four accounting firms, they do not want to make their financial situation public. There are also some top consulting companies that are not listed.
  Corp Industrial Group is also a Fortune 500 company with annual sales of tens of billions of dollars, but it is not listed. Mars Candy Company, which includes multiple brands such as Dove and Snickers, is also the world's top confectionery company, and the top 500 companies have not been listed.
  Another advantage of such a company is that it is really easy to raise a large amount of funds when the company is in financial difficulties, and it will not cause the equity to fall.
   "Chairman Zhou, I will leave if there is nothing else. If this is the next time, there is no need to contact me again. I am very busy at work."
  
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