Chapter 672 Subsidiary Listing
In the early morning of the next day, the Wall Street Journal urgently printed 20,000 additional copies, but they were sold out in a short time.
The reason for this situation is entirely due to two names-Future People Technology and Boston First National Bank.
For a period of time, these two names once occupied the newspapers, magazines, portal websites and forums of major media in the United States. The former was caught in the vortex of anti-monopoly investigations and completely suspended its business in North America, while the latter’s stock price and the number of depositors plummeted due to depositor information leaks.
It is not difficult for interested people to get a glimpse of the clues from these two incidents.
In the future, Human Heavy Industry will step into the cake of the Saudi fresh water project, while American Matrix is controlled by Bank of Boston and Boston Scientific (NYSE: BSX). Considering that both companies belong to the industry of the Boston consortium, the context of the whole incident is very clear.
Jiang Chen touched the cake of the Boston Consortium, and the Boston Consortium bribed the Blue Seagull public welfare organization to discredit the Future Group, which opened the prelude to the war.
Irresponsible guesses, given the control of Congress by major consortiums, the Ministry of Justice's anti-monopoly investigation of Future Technology is probably the result of this Boston consortium. The hacking of the Bank of Boston is also very likely to be done by future technology. After all, others are experts in the Internet field, and artificial intelligence can do it.
However, last night, the two companies announced on their official websites at the same time that they will cooperate with each other in the field of virtual reality finance, paving the way for the upcoming virtual reality shopping. As soon as the news came out, all the rumors were destroyed, and the stock price of Bank of Boston also rose by 6% on the day the news was announced.
Since the leak of depositor information, it is the first time for such a rebound!
Not just VR+finance, Future Human Heavy Industry will separate the production and supply of fresh water projects, and establish a subsidiary Gaoxin Ocean Fresh Water Supply Company. With a registered capital of US$400 million, 19% of the shares were exchanged from First Bank of Boston for 20.8% of the shares of American Matrix, replacing the Lodge family as the first shareholder of American Matrix. The two companies will cooperate in business, American Matrix will use its own resources to pull orders, and Future Heavy Industry will be responsible for digesting orders.
For Future Ren Heavy Industry, which has the technology and technology, the acquisition of American Matrix is undoubtedly an excellent choice.
At the same time, Gaoxin Danshui will be listed on Nasdaq, and First National Bank of Boston will provide listing-related procedures.
The listing of Gaoxin Danshui will also become the first listed subsidiary of Future Group. Wall Street investors are full of expectations for this. According to the assessment of Wall Street analysts, the fresh water project with Saudi Arabia will bring this newly established company an annual income of at least 400 million US dollars! And considering the huge freshwater market in the Middle East, this number is likely to more than double!
According to the price-earnings ratio of 15 times,
This company with a registered capital of only 400 million U.S. dollars may have a market value of more than 6 billion U.S. dollars! And one year after listing, it is advancing towards 10 billion!
Such a high investment value naturally makes countless investors salivate.
With the assistance of the Boston consortium, the listing process of Gaoxin Danshui has also been given the green light all the way. The original lengthy approval process, with the support of the consortium and the enthusiasm of investors, is not a problem at all.
As for why Jiang Chen suddenly changed his mind to go public, it was because of Carson Lodge's words.
At that time, the two had reached a consensus on the cooperation project, but Jiang Chen raised objections to the listing of Gaoxin Freshwater. The reason is simple, he is very optimistic about the prospect of fresh water business. Now the Future Group is not very short of money, and there is no need to attract money through listed subsidiaries.
"Saudi Arabia is a strategic ally of the United States. Even without our obstruction, it would not be peaceful for you to do business in the Red Sea."
"Why?"
"Because of the U.S. military presence in the Middle East." Carson smiled, "Mr. Jiang has experience in 'running business' in Iraq before, am I right?"
"That's right." Jiang Chen nodded.
It's not something to hide, and his tracks in Iraq and Ukraine can be found with a little care. Many intelligence organizations regard these experiences as Jiang Chen's experience in the "organization". It is precisely because of these qualifications that he was promoted from an offline member to the leader of the "organization".
If Jiang Chen saw the CIA's analysis data on him, I don't know if he would laugh out loud.
"Whether it is IS or other terrorist organizations or pirates, they are all inextricably linked with us to a large extent. This link is not only reflected in the fact that the rifle and bullets in his hands come from Maryland, the United States, but also in the The White House and Congress control them to a certain extent. When necessary, they can help the United States get rid of people who should not exist, and when necessary, they can provide excuses for unnecessary wars.”
"I probably understand what you mean." Jiang Chen spread his hands indifferently, "You mean I'm afraid of pirates?"
"Of course not." Carson shook his head. "According to the Pentagon report, among all dictators, your armed forces are probably the strongest. But do you think Saudi Arabia will allow you to station troops in their country? Just because of a fresh water project?"
Jiang Chen narrowed his eyes, this time he understood what Carson said.
Of course, the United States will not do it by itself, but at that time, it will definitely acquiesce in the attacks of pirates or other organizations on desalination platforms, and even pay to secretly buy the "trophies" they got, and take them back for careful study.
At this time, the situation that Star Ring Trade will face will be very passive. Conducting military operations overseas will not only test military strength, but also diplomacy.
"I don't understand, what does this have to do with going public?"
"If we list on Nasdaq, even if we only list 10% of the outstanding shares, it will dispel the White House's hostility towards us."
When saying this, Carson used the word "we". After signing the equity replacement agreement, he has become one of the shareholders of Gaoxin Freshwater. And making such a proposal is naturally considered from the perspective of Gaoxin Freshwater.
But if it is listed on NASDAQ, the situation of Gaoxin Freshwater will be completely different. Even if it is to protect the interests of domestic investors, the White House will remain cautious about the option of "making small moves behind the scenes".
The actual controller of the company is still the Future Group. No matter from which point of view, listing on Nasdaq is an excellent choice for Gaoxin Danshui. So Jiang Chen agreed to Carson's proposal on the listing of Gaoxin Danshui, and determined the proportion of tradable shares to 15% of the total share capital.
After the listing, Gaoxin Danshui's shareholding structure is 70% held by Future Heavy Industry, 15% held by Boston First Bank, and 15% in circulation. For the fresh water project, Future Heavy Industry still has an unshakable right to speak.
Moreover, this IPO of the subsidiary will bring at least one-time income of US$1 billion to Future Heavy Industry!
On the other hand, with the cooperation between the Future Group and the Boston Consortium, Blue Seagull, who was regarded as a pawn by the latter, fell into an embarrassing situation.
Without the support of the capital behind them, they can't even afford a lawsuit.
The court fees and legal fees of the International Court of Justice are not low. After all, the court is not a charity. Even if Blue Seagull is a public welfare organization, it still has to pay the money that should be paid. However, the Future Group seemed not prepared to settle the matter quickly, and directly dragged the two truckloads of documents to the court, assuming that the lawsuit would not stop for five or six years.
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