Back to 1980: Please Love Me Again

Chapter 379
Pingyang City, Old Zhao’s Crayfish Restaurant.

Crowds of people, colorful flags fluttering, is today's crayfish restaurant.

Citizens of Pingyang who heard the news flocked to the crayfish restaurant.

Pang Qingyun, who has been promoted to the deputy director of the Municipal Bureau, personally directed the police on the scene to maintain order and prevent accidents from happening.

"Xiao Liu, greet everyone and distribute the drinks prepared yesterday."

Zhang Xiaotong, who has already officially assumed the position of store manager, ordered several young men.

The latter moved out several boxes of beverages in a hurry, and distributed them to the staff maintaining order with a smile.

"Brother Pang Pang, come in and sit down for a while! I'm going to have a whole day of tossing around today!"

"It's okay Xiaotong, you're busy with your own business, don't worry about me."

After personally inviting Pang Qingyun in, Zhang Xiaotong hurried to the back kitchen and ordered the chefs to bring the prepared breakfast to the door.

After all, many people had already lined up outside in the middle of the night, and they were probably already so hungry that their chests were pressed against their backs.

Not long after Zhao Xuelei typed up the application report, the city approved the additional issuance.

Not only that, the city also recommended Baishan Electric to the province.

It's an early greeting.

With a view to the opening of the stock exchange in the future, the province can give priority to recommending Baishan Electric.

As an excellent enterprise in Pingyang City, Baishan Electric's additional issuance is like water droplets splashed into a frying pan, and it quickly aroused people's enthusiastic pursuit in the whole city.

In fact, many people don't understand valuation at all.

I don't know if Baishan Electric is worth 1000 million.

But none of this matters.

It's over!

It seems that this investment can be multiplied five times and ten times in no time.

Anyway, that's what everyone said.

In this way, at least 1000 people gathered at the site for the additional issuance that was planned to receive investment from 6 shareholders.

Fortunately, the city had already planned for this. When it found that the number of people exceeded expectations, it immediately dispatched a large number of staff to maintain order.

The original plan to issue 5% of shares to industrial and commercial enterprises and 5% to citizens was temporarily changed to issue 2% to enterprises and 8% to citizens.

To meet the needs of as many people as possible.

It has to be said that the people of Pingyang have really become rich.According to this situation, not to mention raising 80 yuan from the citizens, even 800 million yuan is no problem.

In addition to this additional issuance, Zhao Wenmu bought 40% of the equity from Shanqian Village at a price of 2 yuan, which is a 100% premium compared to this additional issuance.

After such additional issuance is completed, his shareholding ratio remains unchanged at 20%.

A few days later, Baishan Electric officially landed in the business department of Jingan Securities.

"Second uncle, in addition to issuing shares, Baishan Electric also needs to recruit several professional financial accountants."

Zhao Wenmu made two suggestions to Zhao Xuelei at that time.

Of the two, the latter is for the former and for the official landing on the Shanghai Stock Exchange in the future.

"What's the matter, Lao Wang did a good job?"

Accountant Lao Wang was hired by Zhao Wenmu, who was regarded as Zhao Wenmu's eyeliner in Baishan Electric to ensure that his rights as a minority shareholder would not be violated.

Otherwise, if the major shareholder transfers assets casually, as a minority shareholder, wouldn't he be kept in the dark.

Of course, he didn't think Zhao Xuelei would do this.

But Zhao Wenmu never tried to test human nature.

Zhao Xuelei didn't mind this at all. Lao Wang gained his full trust in Baishan Electric and his work was done in an orderly manner.

"Old Wang is really hard at work, but after the company's listing, his ability is not enough."

Zhao Wenmu explained to Zhao Xuelei in detail why he wanted to hire a professional financial accountant.

In the final analysis, it is because the financial management system of listed companies is more complete, the management is stricter, and the requirements for information disclosure are higher.

Especially the implementation and application of the new accounting standards, the requirements for accounting practitioners are getting higher and higher.

Lao Wang is getting old, he will be slower to learn new things, and it will be difficult to adapt to the rhythm of the future.

"A listed company is a new thing, and its accounting requirements must be different from the past. Lao Wang's previous experience is difficult to use in his future work, and it will hinder him instead."

"We need to sort out the accounts of the past few years as soon as possible and standardize the financial statements. Only in this way can we have a greater possibility of going public!"

A good financial statement is a necessary prerequisite for listing.

Then Zhao Wenmu explained to him the difference between "management accounting" and "financial accounting".

To put it bluntly, the service targets of the two are different.

The former serves business operators and provides information support for some of their decisions.Use production and operation data to help operators better plan production, improve efficiency, and reduce costs.

The latter serves corporate investors and helps them understand the real situation of the company, so as to judge whether the hired professional managers have violated the rights and interests of shareholders.

It is the latter that Baishan Electric needs.

It is precisely because Zhao Xuelei recruited several excellent financial accountants in advance and re-improved the company's financial statements in previous years that Baishan Electric finally stood out from many competitors and became one of the first eight listed companies in Huaguo.

After decades of ups and downs, most of these eight companies eventually came to an end.

Some of them gradually became stars and hats due to poor management, and were eventually listed by other companies as backdoors; some were delisted early because of financial fraud; digits, the rest are long gone.

Only Baishan Electric has always stood firm. Although it has experienced difficulties, it is still the darling of capital and a big white horse with excellent performance.

Zhao Wenmu never reduced his holdings of Baishan Electric until he donated all of them to the Deep Space Foundation.

In the end, all these shares were realized and used to build the only two deep space spacecraft for mankind.

This is already hundreds of years later.

It can be said that Baishan Electric has indirectly made great contributions to human deep space exploration.

...

The preparatory work for Baishan Electric's listing has been completed, and the next step is to wait for the Huaguo capital market to open for business and welcome the arrival of this new era.

Before that, Zhao Wenmu will go to Sakura Country again.

Because the time for the collapse of the cherry blossom country's real estate market is approaching.

Over the years, Wujing Songne Group has made a lot of money in the country of cherry blossoms.

But this is far from enough.

How can it be just some monetary gains?
Take advantage of his illness and kill him!How could Zhao Wenmu not understand this truth?
Therefore, he has to go to the Cherry Blossom Country in person, and use the massive profits he has earned over the years to annex those long-coveted high-quality assets at the bloody moment of the Cherry Blossom Country's assets collapse.

When the Plaza Accord was signed, he was still just a small fish, eating scraps after those capital predators, and complacent after earning billions.

This time, he has become a real capital predator.

He is already qualified to eat the fattest food on the table!

Those high-quality assets in Cherry Blossom Country once fell into the hands of Wall Street financial capital. This time, perhaps they can have a better place.

Make some contributions to China.

It can also be regarded as making up for one ten-thousandth of the historical deficit.

(End of this chapter)