Chapter 746 Adverse Effects

"Hey, classmate Xiao Jin," Feng Yiping squeezed out from the crowd and stopped Jin Ling, "I have something to discuss with you,"

"What's going on?" Feng Yiping closed the office door, "You've been here these days, why don't you always see your people?"

He didn't realize that Jin Ling really avoided him on purpose.

Feng Yiping didn't have any memory of what he said in the car when he was drunk, but Jin Ling didn't forget it.

"Do you think that everyone is as free as you? Don't you know how many things happen before going public? Don't you know how much preparation you have to do for the road show?"

With the help of those American venture capital companies eager to invest in other projects under Feng Yiping’s, Yijia Express Hotel, which has good returns, good prospects, and a simple corporate structure, has already received the NASDAQ listing effective date approval notice, which is initially set at 12 Listed on the 6th.

It was all good at first, but just a few days ago, at the end of October, the domestic telecommunications giant, China Telecom, was originally scheduled to be listed on the New York Stock Exchange next Wednesday, which is November 6th. It was listed on the Hong Kong Stock Exchange, but what surprised the majority of shareholders and investors was that at this moment, China Telecom announced the postponement of the listing. As for the reason, the announcement said vaguely, "Because some regulatory aspects s reason,".

But later, more news was unearthed. According to domestic technology media reports, the reason for Telecom’s delay in listing was mainly due to the failure of the global road show, which led to insufficient international subscription.

Originally, this was not a problem. According to the usual practice, if the institutional undersubscription is insufficient, the lead underwriter will undertake the remaining shares, but unfortunately, its three lead underwriters are not willing to underwrite.

Regarding the reasons for the postponement of China Telecom's listing and when it will be listed, there are various speculations in the media. For most mainland investors who want to buy its stocks but cannot buy its stocks, this is just some adjustment after dinner, but for the same For Yijia, which is in the quiet period of listing, it is nothing more than a high-yield bomb.

Even a giant like China Telecom has encountered such a big setback, how can a small company like Yijia guarantee a smooth road show and IPO?

The executives and employees who hold shares in the group had been waiting for the IPO in December, and their net worth would jump up a lot, so that they would have a good year. When they heard the news, they immediately became impatient.

Xu Bin was under the greatest pressure. On the day he heard the news, he hurriedly set off for Hong Kong. This was because although China Telecom failed in the international IPO, the 840 million shares it issued in Hong Kong were rejected by institutions and investors in Hong Kong. Xu Bin also wants to ensure the success of the road show and IPO in Hong Kong.

The only one who remained relaxed was Feng Yiping, "How many times have I told you that we are completely different from China Telecom, regardless of the general environment, the amount of financing, the complexity of the company's composition, and the most important market prospect,"

From the perspective of the general environment, the cold winter of the Internet has brought a very large direct impact on the telecommunications industry. At the beginning of this year, several international telecommunications giants filed for bankruptcy protection, including Globe Telecom in the United States.

It is really not a very suitable time for China Telecom to choose this time to go public.

And its goal is very big, it plans to raise more than 20 billion yuan, and Yijia plans to raise more than one billion yuan, which is only a few tenths of it.

In addition, as a company listed in the mainland, Hong Kong, and the United States at the same time, it has to face the supervision of the three places, and as a large state-owned enterprise, some of its decisions need to be approved by the government. , Management is really troublesome.

Therefore, those international investors, regardless of how powerful telecommunications is in our country, rationally refuse to admit it.

"Besides, the funds we want to raise are nothing in the international market. Even if the subscription is insufficient, the three underwriters will easily underwrite it. Don't worry about it."

Yijia's underwriters are also three, Goldman Sachs, **** and UBS, they are very optimistic about Yijia and Jiasheng.

"I don't know if you don't take it seriously, or if you are really so confident. Tell me, what else is there?"

How could Feng Yiping not take this seriously? This is his first listed company, and he certainly has confidence, but after seeing what happened to China Telecom, how could he not be worried?

It's just that, as the top decision-maker, he didn't show these emotions in front of Huang Jingping. What Jin Ling and Xu Bin saw was that Feng Yiping was always full of confidence and didn't care. The stability of walking and stopping still played a big role.

He repeated those reasons just now, for Jin Ling, so why not cheer him up?

"The road show in Hong Kong in the middle of the month, the preparation work can be done more solidly, but you have to take care of other aspects. I have already returned to China, and this year I am a senior, so I can spend more time and energy on the company. Therefore, I think Before the end of the year, make an adjustment to the management organization on the northern side,"

"Isn't Zhiyi hosting well now? Why do you need to adjust?" Jin Ling asked puzzled.

Gao Zhiyi did a good job, but who told them that they just gave birth to a daughter? Knowing that there will be SARS next year, how could Feng Yiping let them stay in the capital?

Although it is not comparable to those organizations in the system, Feng Yiping is now the leader of the Jiaqiang organization, and he also needs to take care of all aspects of the employees in the organization.

Originally, it would have been good for Li Jia to take the child back to the provincial capital, or to their hometown, and let Gao Zhiyi stay in the capital, but, well, there is no strong reason for you to let the daughter-in-law who just gave birth take the child away from her husband , how would they like it? It might even make people suspicious.

"He has done a good job and can stand alone, but I want him to take on greater responsibilities," Feng Yiping said. Executive, he has very little experience in this area,"

"In addition, you ask the human resources department to do a survey as soon as possible to investigate the family situation of the middle and high-level managers of each company, as well as those who have dual employment. I plan to start from the end of the year and organize some of them into the training that is already available in the town. School training, let Zhiyi concurrently serve as the person in charge of the training school, "

"Are you training his team, or making more managers more familiar with him?"

"Let's have both," Feng Yiping had this idea, and this reason, no matter it was said or looked, could hold water.

It's hard to say directly, next year, those executives and dual-career families who just gave birth to children will be sent to the town for protection.

"You are so considerate for him," Jin Ling seemed a little jealous.

"No matter in terms of ability and experience, he can't compare with you. He can only help him on the horse and give him a ride. Besides, when he is really trained, can't he share some of the pressure for you?"

"What about this side, who will be called here?"

"Let's adjust two. My requirement is that a middle-aged man should be paired with a young man. Now there is another large-scale infrastructure project here. The middle-aged man must have comprehensive abilities and strong execution ability. I am not in the capital, so he must be able to preside over the project." global.

As for the young people, you can see if there are any good seedlings worth cultivating, and just send one over, I want to bring them with me personally, "

"Oh, did you feel a little guilty after living abroad for more than a year, and now you finally realize that you have to cultivate the reserve force yourself? Well, don't just be so stingy, I'll transfer a few more for you,"

"Okay, okay, one sheep is herding, and a flock of sheep is also herding," Feng Yiping waved his hands helplessly.

"After the Hong Kong roadshow is over, I will take my family to the United States first to prepare for the roadshow there. It is best to implement these two tasks before the end of the month,"

"Then you talk to Zhiyi first," Jin Ling closed the notepad.

"Why do you want me to talk to him? I'm the chairman, okay? These specific things are not in the scope of my work. You go," Feng Yiping said nonsense very righteously.

Going from a big city like the capital to a remote place like Wuli'ao, Gao Zhiyi will definitely feel a little unhappy.

However, I believe that as long as he explained the reason for this arrangement, he would definitely accept it. That's good, Feng Yiping wants Jin Ling to sell.