The first volume of Xiao Lotus shows its sharp corners, Chapter 718, the time has not yet come (ask for a ticket)

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If Zhang Ruiqiang wants Bingcheng Machinery Company to go public, he will not look for Li Mingde, because he knows that it is Feng Yu who really has the final say in Bingcheng Machinery Company. ～，

What I was talking to Li Mingde was Bingcheng's book~, and he also needed political achievements to push him to continue to move up. Of course, he knew that Feng Yu was the major shareholder of Bingcheng Machinery Company, the number one in the real sense.

But after he called Feng Yu, he knew that Feng Yu was unwilling to go public, so he could only talk to Li Mingde again, hoping that Li Mingde could convince Feng Yu, after all, Feng Yu valued Li Mingde very much, otherwise he would not let Li Mingde retire early, and then rehire him to the company, and give a certain equity reward.

Shu~Ji also believes that Zhang Ruiqiang will not obstruct this matter, because this matter has been done, and his political achievements are not his alone, and even the government~ government can get more. If he is promoted, then Zhang Ruiqiang can also succeed in order. Judging from Zhang Ruiqiang's work achievements and ability in the past two years, it is not logical for him to take over, but he also has the greatest hope, not to mention that Provincial No. 1 still supports Zhang Ruiqiang.

And there are calls that the provincial No. 1 will retire to the second line at the end of this year, and Zhang Ruiqiang's biggest backer in the province will be gone, doesn't Zhang Ruiqiang want to be the book of Bingcheng this year~ Remember? In officialdom, if one step is slow, then one step is slow, and if it is delayed, it will be one term.

Li Mingde didn't dare to write a hard steel book~ note, so he could only call Feng Yu for help.

Feng Yu is one of the means for many companies to raise funds for development, which is more cost-effective than loans, and can effectively increase the company's market value.

But Feng Yu didn't want to go public, because that would dilute his stake in Bingcheng Machinery Company. At least 25 percent of the total share capital must be issued, and the shares of Feng Yu and his father combined are less than 50 percent.

Of course, after listing, because the stock will appreciate, the shares in Feng Yu's hands will become more valuable. But that's for a lot of people who want to sell and cash out. And Feng Yu did not plan to sell the shares of Bingcheng Machinery Company.

In the past life, many large companies wanted to go public, not because they wanted to go public to raise funds, but because they had venture capital investment in their companies. What does a venture capitalist rely on to make money, isn't it just that after the company's shares are listed, he can cash out and make money?

Some companies with good returns, or companies with high expectations of shareholders, have seen their stock prices rise sharply after listing. Then the venture capital can sell the stock to make money after the deadline has passed, and it is normal for the venture capital to make 20 times the profit.

Venture capitalists, on the other hand, generally hold so-called preferred shares, that is, shares that have no voting rights, but have guaranteed dividend income, and can be sold preferentially.

There are also some listed companies, in order to reduce the debt ratio, as long as you check, you will find that many companies have a lot of foreign debt. But it can still be listed. After going public, the money will be returned to others, which is also a way to plug holes.

Of course, there is a more direct benefit, that is, there are not many listed companies now, if it is listed, it can greatly enhance the brand awareness and image, but this, Bingcheng Machinery Company does not need it at all, starting from motorcycles, Bingcheng Machinery Company. It is already a well-known company in the country, and the Songjiang brand is already a well-known brand in the country, and the product. The sales have been very good.

Many enterprises with good benefits, especially those that are wholly owned or controlled by individuals, have also chosen not to be listed, such as the famous Shunfeng Logistics, which has been listed many times in the past life, and said how much money can be made after listing. But people just don't go public, because there is no shortage of money.

The second disadvantage of listing is that the financial statements need to be made public, not that Bingcheng Machinery Company has any false or bad debts, but Feng Yu doesn't want his name to appear on it and be known by too many people.

Although he can't be completely invisible, it is still necessary to keep a low profile, and he prefers to make a fortune in a muffled voice.

Feng Yu originally planned to register a holding company in Xiangjiang, and then transfer the shares of these companies to the name of the company in Xiangjiang, but in practice, it was very troublesome, and Feng Yu had to come up with a large amount of money himself.

Because Xiangjiang is not yet in China at this time, Feng Yu will be considered to have transferred assets overseas. He asked Lu Shao for help, but Lu Shao also said that he couldn't do it, unless Feng Yu took the money himself and sold the shares here at the normal price, it was possible to succeed, and it might be stopped by administrative intervention.

If you wait until after the ninety-seventh and after the return of Xiangjiang, then the operation will be much simpler.

Feng Yu thought about it and decided to wait, and it is definitely not a good time to go public now, especially if it is listed in China. The domestic stock market began to implement the T+1 system this year, so that the possibility of manipulating the stock market can be reduced to a certain extent.

But this year's stock market is also irrational, due to the situation of more kills in treasury bond futures, many securities companies began to operate in violation of regulations, and it is also this year that there began to be a lot of market manipulation, and in the past two years, it will be a continuous bear market, shareholders have no confidence, and the stock price will not rise too well after listing, and may fall.

Of course, if compared to the ability to manipulate the market, Feng Yu believes that no one will be his opponent. Whether it is professional knowledge or financial strength, he is absolutely second to none in China.

But he didn't need to do it at all, and he didn't want to. He doesn't want to get into trouble, even if he can get rid of it, and he doesn't want someone to say behind his back in the future that he is a person who manipulates the stock market and makes many shareholders lose their money.

After the listing, the management will become more cumbersome, Feng Yu does not think that Li Mingde and they have this ability for the time being, they can accept new things, but the speed and ability to accept them are not as strong as they think.

There is also a cost to go public, from audits to lawyers, etc., the cost of each item is not low. Moreover, the scrutiny faced by the company will be stricter, and every detail will be reviewed in detail, and it will be more troublesome for Feng Yu to concentrate his shares in a holding company in the future, especially since this holding company is still in Xiangjiang.

There are advantages and disadvantages to going public, Feng Yu weighed it, not that the company will definitely not be listed in the future, but now, the company will not be listed.

Feng Yu told Li Mingde that if he couldn't stand it, he would have to top it, and reward Li Mingde with shares, then Li Mingde would have to bear the corresponding responsibility, and Feng Yu would not let his company go public under an inopportune situation for the sake of the political achievements of those officials.

Especially...... He is not familiar with the book ~ of Bingcheng.

He told Li Mingde that if he still couldn't stand it, then inform him again, and he would go back to deal with it. (To be continued.) )

ps: The second update, there is another chapter in front, thank you for the shallow injury of the memory of the year, Heishuiwan, Hulu Xian'er, cold rice head, Xiaoxiao Shuta, Boyhoods99 and other book friends for the reward, thank you. I woke up at seven o'clock in the morning, and finally it was time to catch up. Hand speed is too slow, tragedy sf0916