Chapter 718 The Time Has Not Come

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Of course, it wasn't Zhang Ruiqiang who talked to Li Mingde. If Zhang Ruiqiang wanted to buy the Bingcheng Machinery Company, he would not talk to Li Mingde, because he knew that Feng Yu was the one who really had the final say in the Bingcheng Machinery Company. Tasting books

The person who talked to Li Mingde was the secretary of Bingcheng, and he also needed political achievements to push him forward. Of course he knew that Feng Yu was the major shareholder of Bingcheng Machinery Company, the real leader.

But after he called Feng Yu, he knew that Feng Yu was unwilling to enter the market, so he could only talk to Li Mingde again, hoping that Li Mingde could persuade Feng Yu. After all, Feng Yu valued Li Mingde very much, otherwise he would not let Li Mingde retire early. , and then re-employed to the company, and given a certain amount of equity rewards.

The secretary also believes that Zhang Ruiqiang will not obstruct this matter, because if this matter is completed, his political achievements are not his own, and even the government can get more. If he is promoted, then Zhang Ruiqiang can also take over sequentially. Judging from Zhang Ruiqiang's work performance and ability in the past two years, his succession is not only logical, but he is also the most hopeful, not to mention that Provincial No. 1 still supports Zhang Ruiqiang.

And there are voices saying that the Provincial No. 1 will retreat to the second line at the end of this year, and Zhang Ruiqiang's biggest backer in the province will be gone by then. Doesn't Zhang Ruiqiang want to be the secretary of Bingcheng this year? In the officialdom, every step is slow and slow, there may be a delay, it is a class.

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

Tsk~~Feng Yu sucked his teeth and said, the market is one of the means for many companies to raise funds for development. The loan is more cost-effective, and it can effectively increase the company's market value.

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

Of course, after the market, because the stock will appreciate in value, the shares held by Feng Yu and the others will become more valuable. But that's for a lot of people who want to sell for cash. And Feng Yu did not intend to sell the shares of Bingcheng Machinery Company.

In the previous life, the reason why many big companies went public was not because they wanted to raise funds, but because their company had venture capital investment. What does venture capital rely on to make money? Isn't it relying on the company's stock market, can he cash out to make money?

Some companies with good returns, or companies with high stockholder expectations, saw their stock prices soar after the market. Then venture capital can sell stocks to make money after the deadline. It is normal for venture capital to earn twenty times.

Venture capital generally holds so-called preferred shares, which also have no voting rights, but have guaranteed dividend income and can be sold first.

There are also some municipal companies in order to reduce their debts. As long as you check, you will find that many companies have a lot of foreign debts. But still able to market. After the market, the money is returned to others, which is also a way to plug the hole.

Of course, there is a more direct benefit, that is, there are not many companies in the city. If the city is a city, it can greatly improve brand awareness and image, but this is completely unnecessary for Bingcheng Machinery Company. Starting from motorcycles, Bingcheng Machinery Company. It is already a well-known company in the country, Songjiang brand is also a well-known brand in the country, and its products. It has been selling very well.

Many companies with good returns, especially sole proprietorship or individual holding companies, also choose not to market, such as the famous Shunfeng Logistics. In previous lives, some people wanted this company to market many times, and they also said how much money they could make after the market. But people are not in the market, because they are not short of money.

The second disadvantage of the city is that the financial statements need to be made public. It's not that Bingcheng Machinery Company has any fake or bad accounts, but that Feng Yu doesn't want his name to appear in front of too many people.

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

Feng Yu originally planned to register a holding company in Xiangjiang, and then transfer his shares in these companies to that company in Xiangjiang, but in practice,

But it was very troublesome, Feng Yu had to come up with a large sum of money to do it.

Because Xiangjiang is not yet part of the country at this time, Feng Yu will be considered as transferring assets abroad. He asked Young Master Lu for help, but Young Master Lu also said that he couldn't do it, unless Feng Yu took the money himself and sold the shares here at a normal price, it would be possible to succeed, and it might be stopped by administrative intervention.

If you wait until after 1997 and 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 be in the market, especially in the domestic market. The domestic stock market began to implement the t+1 system this year, which to a certain extent can reduce the possibility of manipulating the stock market.

But this year's stock market is also irrational. Due to the situation of overkill and overkill in treasury bond futures, many securities companies began to operate in violation of regulations. It was also this year that many market manipulations began to occur. In the continuous bear market, stockholders have no confidence. After the market, the stock price will not rise too well, and it may fall.

Of course, if he has 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 definitely second to none in the country.

But he didn't need to do it at all, and he didn't want to do it. He didn't want to cause trouble, and even if he could get rid of this trouble, he didn't want someone to say behind his back in the future that he was a manipulator of the stock market and made many stockholders lose their money.

After the market, management will become more cumbersome. Feng Yu doesn't think that Li Mingde and the others 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.

In addition, the city also needs costs. From audits to lawyers, the cost of each item is not low. Moreover, the scrutiny faced by the company will be stricter, and every detail must be reviewed in detail. It will be even more troublesome for Feng Yu to collect shares in a holding company in the future, especially if the holding company is still in Xiangjiang.

IPO has advantages and disadvantages, Feng Yu weighed it, not to say 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. If Li Mingde was rewarded with shares, then Li Mingde would have to bear the corresponding responsibility. Feng Yu would not let his company go public under untimely circumstances for the sake of the achievements of those officials.

Especially...he is not familiar with Bingcheng's book~recorder.

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

ps: In the second update, there is another chapter ahead, thanks to the book friends such as Qian Shang Yi Liu Nian, Heishuiwan, Hulu Xianer, Lengfantou, Xiaoxiao Shuta, boyhoods99, etc., thank you. Woke up at seven o'clock in the morning, it was finally time to catch up. Hand speed is too slow, tragedy~~

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