my life reset

Chapter 402 Additional Issuance, or Issuance of H Shares?
Chapter 402 Additional Issuance, or Issuance of H Shares?
"Young Master Chen, I'll leave this matter to you. Mr. Xia will be in charge of this matter on my side. I won't go to the charity dinner."

Hu Yang intends to hand over the matter of contacting companies for donations to Xia Bing. Anyway, the charity dinner is also held in Xiangjiang, so she is the most suitable.

"No, brother Hu, if you're not going to the charity dinner, where are you going?"

Chen Jialin knew Populus Hu Yang best, so he might have to go out of town again with this arrangement.

"Young Master Chen, I'm going to visit the imperial capital in the next two days. Dongfang Technology is preparing for a new round of additional issuance, and there are some things that I need to discuss with their President Liu face to face."

The financing amount of Dongfang Science and Technology is huge, and Hu Yang intends to handle this matter personally.After finishing his work in the imperial capital, he still needs to go to the magical capital, Xintong International and Charm Semiconductor, so he certainly can't let go completely.

"That's fine, you go. I met Mr. Chang of Ark Computer the other day. He also said that he was going to visit Dongfang Technology recently. He said that he wanted to discuss with him about the purchase of display screens. Why don't you make an appointment with him? Got it."

Chen Jialin didn't say much, a charity dinner is a trivial matter, it doesn't matter if Populus euphratica participates or not.

"Okay, I'll get in touch with Mr. Chang when the time comes. Young Master Chen, I'll leave the charity dinner to you, bye!"

Hu Yang immediately hung up the phone and asked Yan Hanzhang to come up.

"Boss Hu, what instructions do you have?"

Yan Hanzhang would come to Hu Yang's office every now and then. He entered the room very casually and sat directly opposite Hu Yang, with a desk between them.

"Mr. Yan, is there any big news about Ark Computer recently?"

"Ark Computer has recently increased its advertising efforts, and Glamor Electronics has also opened up sales channels for the other party. During this period of time, the sales of Ark Computer's complete machines and laptops have grown rapidly."

"I said, it turned out that the sales volume has increased greatly. I just heard from Mr. Chen of Wanshi Technology that Mr. Chang will go to the Imperial Capital to discuss the purchase of display screens with Dongfang Technology. I guess there is something wrong here. By the way, Yan Anyway, don’t Ark Computer’s notebooks always use Samsung displays?”

Ark Computer has not been involved in notebooks for a long time. In order to make a hit, Chang Sheng gritted his teeth and used Samsung's display devices.Samsung's display devices are of good quality, but the price is more expensive than others.

"Don't mention Samsung, isn't this another price increase? Anyway, Ark Computer is taking the mid-to-low end route, pursuing high cost performance, and Mr. Chang also wants to reduce costs."

Yan Hanzhang would visit Ark Computer from time to time. He was originally a director of Ark Computer.

"Well, I understand. I'm going to the imperial capital in the next two days. You can call Mr. Chang later and tell him."

Dongfang Technology is a company with its own shares, and Ark Computer is also a company with its own shares.Hu Yang felt that it would be better if he came forward and asked Mr. Liu to sit down and talk to Chang Sheng.

Of course, if Chang Sheng felt it was unnecessary, Hu Yang would not worry about it, so he asked Yan Hanzhang to talk to Chang Sheng.

"That's right, Mr. Hu's Huijia Holdings is the major shareholder of Dongfang Technology. With you here, the negotiation between Mr. Chang and the other party will be much smoother. I will call Mr. Chang now and ask him when he plans to go to the imperial capital."

After Yan Hanzhang finished speaking, he got up and left Hu Yang's office, and went out to call Chang Sheng.

After a short time, he walked in with a smile and said, "I just talked to Mr. Chang on the phone, and he was delighted to hear that Mr. Hu, you plan to leave one day. Please inform him in advance. He insists on going with you." .”

Hu Yang nodded in agreement, Lin Yan quickly applied for the route, and then notified Chang Sheng.

In the early morning two days later, the Gulfstream business jet took off from Shenhai Airport and headed straight for the capital.During the trip, Chang Sheng was very interested in Hu Yang's business jet, and asked a crew member for a long time.

Hu Yang smiled, didn't bother to talk to him, closed his eyes and began to doze off.The crew members hurried over with a blanket and covered him up.

Arriving at the airport, as soon as Hu Yang walked out of the terminal, he saw Mu Shaoqing and the head of Dongfang Technology, Mr. Liu.

Hu Yang hurried forward and said, "Mr. Liu is here too? I'm so sorry. Mr. Mu, let me introduce you."

Afterwards, Hu Yang introduced Chang Sheng to Mr. Liu and Mu Shaoqing.

Chang Sheng had never dealt with Dongfang Technology before. If he came by himself, he would probably only meet the person in charge of the company's sales department.

"Mr. Hu, I heard that you came to the imperial capital in person, and I was very happy. Really, I didn't expect you to come because of the additional issuance. I hope to listen to Mr. Hu's suggestions. You are the investment and financing The experts here should be able to help me solve this financial dilemma."

Hu Yang and others got into the car, Mu Shaoqing accompanied Chang Sheng, and President Liu accompanied Hu Yang, and the group went straight to the headquarters of Dongfang Technology.

On the way, Mr. Liu said something sincerely.Dongfang Technology is like a huge "gold-swallowing beast", he is often troubled by funding problems

"Is there any good way to do this? In addition to additional issuance, you can also issue corporate bonds, or go to the bank for loans. In short, doing this business is burning money."

Hu Yang also lamented that the technology of display devices has advanced rapidly, especially giants such as Samsung and LG, whose products are updated at an extremely fast speed, which itself sets up obstacles for latecomers.

Mr. Liu thought about it, this is really the case.It is impossible for the company to raise funds in the A-share market one after another. It has been doing this all the time, not to mention what will happen to the emotions of ordinary shareholders, and the regulatory authorities will not agree.

When he arrived near the company, Mr. Liu first invited everyone to a restaurant for a meal, and then sent Populus euphratica to the hotel.

Chang Sheng and the others went back to their rooms to rest, and Mr. Liu and Mu Shaoqing came to Hu Yang's room.

It is still the old rule that Populus euphratica always stays in business suites when he goes out to stay in hotels.For example, now, when two guests come, they can sit down in the small reception room.

"Mr. Liu, has the plan for this round of additional issuance come out?"

As soon as Hu Yang sat down, he asked straight to the point.

"There is a plan for additional issuance, but the regulatory authorities have not yet approved it. Hey, I also know that the company's financing frequency is a bit high, but without financing, the company cannot survive, and I am also embarrassed."

Before coming here, Hu Yang knew that the additional issuance plan had not yet been approved.Now it's just confirmed by Mr. Liu himself.

"Mr. Liu, I'm here just to talk to you. If you can't, withdraw the application for additional issuance. Issuing convertible bonds is also a good choice. Of course, we can also bet big and go to Xiangjiang to issue H shares."

In fact, this is the purpose of Hu Yang's visit to the Imperial Capital this time. He just wanted to have a good talk with Mr. Liu. Dongfang Technology can take the path of A+H shares and expand another financing channel.

Dongfang Science and Technology was originally a state-owned enterprise. After restructuring, it introduced investment from employees and private enterprises. However, its state-owned background is difficult to change.

Hearing this, Mr. Liu exchanged glances with Mu Shaoqing, and then said with a smile: "Two days ago, someone suggested to me to go to Xiangjiang to issue H shares, but I was hesitant. When I heard Mr. Hu say that again today, I suddenly With confidence."

Mu Shaoqing also laughed, "Mr. Hu, who do you think suggested that we go to Xiangjiang to issue H shares? This person is your old friend, and he is Academician Lu."

Hu Yang suddenly realized that Academician Lu Yiming had also mentioned this.

"Of course, let's not say whether the application for H-share issuance in Xiangjiang will be approved. The estimate of H-shares is generally lower than that of A-shares, and the issue price may be relatively low."

Afterwards, everyone chatted for a while, and Mr. Liu and Mu Shaoqing said goodbye and left.

Listing and issuing H-shares on the Stock Exchange is a very complicated issue, and it will not be clear at a short while.In addition, Hu Yang has only arrived in the imperial capital today, and the two of them can't affect Hu Yang's rest.

In the afternoon, Hu Yang took Lin Yan and others to visit the Forbidden City. In the evening, they ate some snacks outside before returning to the hotel.

"Mr. Hu, I will accompany you to the Great Wall the day after tomorrow. This time, don't be in a hurry and go to all the places you should go. After all, there are still many places worth seeing in the imperial capital."

Mu Shaoqing looked for Hu Yang after dinner, and the two sat and chatted in the coffee shop of the hotel.

"Well, then I will stay for a few more days. Mr. Mu, I have a question. Since someone has proposed to Mr. Liu to issue H shares, why do I think Mr. Liu is not enthusiastic?"

Hu Yang tapped the table lightly with his fingers, and asked with some doubts.

"Hey, how should I put it, Mr. Liu probably thinks that the additional issuance will come sooner. But he didn't expect that the approval was delayed this time, and the company suddenly fell into a dilemma.

If we withdraw the application now, all our previous efforts will be in vain.If it is not withdrawn, the situation will be even worse when the regulatory authorities reject our application. "

The production and operation of Dongfang Science and Technology is not bad, but the investment in new production lines and research and development is too large, and the cost remains high, so that the company has been on the verge of loss, and the capital is very tight.

Under such circumstances, it is quite difficult for companies to continue financing in the securities market, especially when the time interval between two financings is so short.

"Well, let's discuss this matter again. Let me think about it later and see if there is any better way."

Even if Dongfang Technology decides to apply for the issuance of H shares now, it may be difficult to complete this series of operations in a few months to half a year, from the preparation of materials to the submission of the application to the approval of the Stock Exchange.

"Mr. Hu, Mr. Chang went to the company in the afternoon, and I took him to talk to the sales department."

Chang Sheng did not go to the Forbidden City with Hu Yang and the others in the afternoon. He went to Dongfang Technology by himself.

Mu Shaoqing said that Chang Sheng was quite satisfied with Dongfang Technology's display devices, and the company also gave him the biggest discount.

It is estimated that Changsheng will place an order for Dongfang Technology in the next two days.

After Mu Shaoqing left, Hu Yang called Yu Hongbo and asked him to learn more about the application and issuance procedures of H shares, which could provide a reference for Dongfang Technology.

"Okay, Mr. Hu, I can pass the information to you tomorrow afternoon." For Hong Bo, this is a very small matter, and he promised to finish it tomorrow. "However, it is not easy to issue H shares, and to some extent it may be more difficult than the overall re-listing on the Stock Exchange."

(End of this chapter)