A strong technological nation starts with repairing mobile phones

Chapter 45 How much financing share have you prepared?

Chen Jinghong first registered a limited company called Jingqing Holdings, in which he held 99% of the shares and Xu Qing held 1%.

Then he transferred 97% of Tiansheng Optics' shares to this company, retaining only 3% of the shares in his own name.

In this way, Chen Jinghong indirectly holds Tiansheng Optics through Jingqing Holdings.

After finishing all this, news finally came from Huang Qifan.

Although he initially planned to invite all the major domestic groups in the industry, unfortunately Xia Wei already had his own plans for glass panels, and in the end he could only invite two other companies, VVII and Dami.

Huang Qifan even called him to explain this, and Chen Jinghong naturally had no objection to it.

After all, the situation this summer is not very good, so it doesn’t matter whether the other party has his own plans or not at the moment.

……

Tiansheng Optical Conference Room.

"This round of financing is very important to us and we must take it seriously. There cannot be any accidents in the process."

Chen Jinghong looked at everyone and said solemnly.

This meeting was held in preparation for the financing meeting a few days later. They had just analyzed together all the possible problems that might arise in this financing.

"Manager Li, as the production manager, you must pay more attention to the production line these days. No accidents can happen recently!"

"Understood! I guarantee that the production department will operate normally recently and there will be no accidents."

After giving instructions to Li Hanwu, Chen Jinghong turned and looked at Zhou Pingshen.

"Have all the orders from those knockoff customers been completed? We definitely can't have anything to do with them from now on!"

The stain of Tiansheng Optics being started out by cooperating with copycat companies will always remain and there is no way to remove it. Since this cannot be removed, Chen Jinghong can only ask to stop cooperating with those companies from now on and minimize this stain.

"It's finished. Although they all wanted to place another batch of orders, I rejected them. Currently, our company has not cooperated with any counterfeit screen manufacturers."

Zhou Pingshen was more proactive about this matter than Chen Jinghong, so naturally he had already handled it perfectly.

"Is there anything wrong with the account?"

Next comes the most critical accounting issue.

Tiansheng Optics is currently a wholly-owned subsidiary of Chen Jinghong. The accounts only need to be reported to the tax department, so there is no problem with what is done internally.

But things will be different in the future. By that time, several parties will hold controlling stakes at the same time. Even if Chen Jinghong is still the absolute controlling shareholder, he will no longer have the final say on the accounts.

"Everything is done. The accounts are now clear at a glance. We are ready for their audit!" said accountant Zhang Hong.

Although Zhang Hong was left behind by Zhao Bo, Chen Jinghong also had the idea of ​​replacing her at the beginning.

However, the other party did a very good job afterwards, and Chen Jinghong couldn't find a better candidate for a while, so he finally let her stay.

"Very good, since there are no problems, let us look forward to the future of Tiansheng Optics!"

"Pah pah pah!!!"

"Pah pah pah!!!"

As soon as Chen Jinghong finished speaking, the four people below immediately applauded excitedly.

After the meeting was over, Xu Qing followed Chen Jinghong back to the office.

Xu Qing stood behind Chen Jinghong, gently pressing his temples with both hands, and asked with a worried look on her face: "I see you've been under a lot of pressure recently, are you okay?" "This is the most critical moment for us, I'm just a little excited." Chen Jinghong held her hand and kissed her, saying: "Don't worry, I'm fine!"

Xu Qing hugged Chen Jinghong and murmured, "That's good. As long as our family of three is fine and can stay together forever, nothing else matters to me!"

"Ok, I know!"

……

The agreed time soon arrived, and the first meeting for this financing was held in the Tiansheng Optics conference room.

"Old Huang, is this reliable?" Fang Chengguang questioned in a low voice while sitting next to Huang Qifan.

Originally, he was full of expectations for the company recommended by Huang Qifan, but when he came here today, all these expectations were replaced by disappointment.

Looking at the company's factory area, whose size and environment were just like those in the 1990s, he could hardly imagine that they were producing world-leading glass cover panels here.

"Director Fang, you are more anxious than I am!"

Before Huang Qifan opened his mouth, Lei Jun, who was sitting next to him, started laughing.

"I can't compare with Mr. Lei. You guys are developing the entire rice ecosystem, but I, VVII, am a small family and I really need to be cautious about some things!" Fang Chengguang said.

At this moment, Chen Jinghong returned to the conference room with all the company's senior executives and information.

"Sorry to have kept you waiting!" Chen Jinghong motioned to the people behind him to put the documents on the conference room table before continuing, "These are some of our company's current internal documents. You can take a copy and have a look."

Naturally, Chen Jinghong had never thought of just relying on his mouth to get these people to invest money, and then bringing all their company's orders to him.

Therefore, we should just prepare some information about Tiansheng Optics. Of course, some confidential documents are not included here.

"I won't watch it anymore. I still have great trust in Tiansheng Optics."

Huang Qifan did not take out the information and look at it immediately like the other two did.

"The first purpose of coming here this time is to get a general understanding of the financing situation and discuss the financing plan together. The second purpose is that we will conduct a detailed assessment of your company and then give a valuation that satisfies all of us."

Huang Qifan stared at Chen Jinghong and slowly told him the purpose of his trip.

Chen Jinghong naturally didn't think about getting this done the first time, so he naturally had no objection to this.

"This is natural. So where should you start?" Chen Jinghong nodded in agreement with Huang Qifan, and then asked them where they were going to start.

At this time, Fang Chengguang and Lei Jun also roughly looked through the information, and then handed it directly to the team behind them for review.

They didn't come alone. Huang Qifan and the other two each brought a team with them.

The three of them looked at each other, and finally Lei Jun stepped forward and asked, "Let's start with the share of this financing. I wonder how many shares Tiansheng Optics is going to sell? Where are you going to use the funds from the financing?"

Lei Jun almost hit the jackpot right from the start by asking the questions that the three of them were most interested in, which was also the most important thing in all financing.

Although Chen Jinghong's main purpose of this round of financing is to bring these giants on board, he will then rely on their common interests and their mobile phone companies to develop Tiansheng.

However, there are naturally special considerations for these two issues, and the use of the funds raised has already been decided.

Don’t look at the financing. They provided the money and Chen Jinghong provided the shares, but it does not mean that Chen Jinghong sold the shares to these people and then the money belongs to Chen Jinghong.

The real meaning is that these people used the money to invest in Tiansheng Optics to obtain shares, while Chen Jinghong's shares were diluted because he did not invest any money.

(End of this chapter)