At this point, he felt that he had to say a few words to prevent these two former financial migrant workers from embarking on the evil path of cutting for the sake of cutting.
Liu Xiang covered his mouth with his hands and coughed slightly majestically, interrupting Chu He's "road show".
"Let me interrupt first," Liu Xiang said. "With all due respect, I really can't listen anymore."
As soon as these words came out, Zhou and Chu were both stunned. Because Liu Xiang rarely refutes other people's opinions so straightforwardly, most of them have a sense of humor and humor.
Chu He thought that these methods of his would turn Guangzhou into a mess, so Liu Xiang had an opinion and quickly said: "I just gave some examples to show that the Senate can reasonably use the rules to reduce the financing cost of bonds. How to implement them specifically?" The decision must also be based on the target and the actual situation - in short, we will never leave any sequelae to the fundraising site, and we are willing to accept defeat and let them be convinced of their defeat..."
"Brother, taking it orally is certain, but being convinced is not necessarily true. Needless to say, these methods of yours are very advanced. But how many natives can understand these things? In the end, we still rely on the Senate to do this. Only by relying on credit can we raise money, and only by relying on the bayonet of the Senate can we refuse to pay. What's the point? It's better to just ask the wealthy people to "take pleasure in losing and give in pleasure" - at least there will be fewer sequelae."
Chu He immediately explained: "The ideas I mentioned before are essentially a means for the Senate to compete with the people for profit. This method alone will not help Nanyang Company's long-term financing, nor will it help the healthy development of the financial market. It is definitely This is not the original intention of the Senate leadership. I think a more reasonable way is to combine stocks and bonds. Let the Senate earn most of the profits, and rely on a small number of the core forces of the Senate to make money, and use the wealth effect to attract A larger amount of private capital uses rules and power so that these private capital can only obtain small profits in the end."
He nodded secretly in his mind: This idea was similar to his. He didn't want to see himself working hard in Nanyang, and as a result, a lot of big indigenous people made a lot of money in the stock market. But seeing Liu Xiang's face getting more and more ugly, he said nothing and didn't even nod his head.
Liu Xiang saw that Chu He was still a little confused, so he thought it would be better to explain it more clearly.
"Although I don't understand finance, I do know some of the tricks involved. As far as our plane is concerned, at least in the Ming Dynasty, relying on bonds and stocks as a means of amassing money and cutting off leeks is purely a show of flattery to the blind, and the natives will not understand it. As for the so-called legality of procedure, anyway, the Senate has a gun in its hands, and it is up to the Senate to decide whether it is legal or not. We ourselves have become athletes and referees, well, the procedure is absolutely legal, but this is what we think It's legal, but the natives don't think so. In his opinion, you just don't keep your word, and you can say whatever you want with the official name. If you do this, what's the difference between the Senate and the Ming Dynasty? If we really want to cut leeks, we have many ways. It’s: coinage, banking, insurance... No matter which financial means is easier to operate and more beautiful to look at than bonds and stocks. There are so many ways to extract private wealth, why start trying to default on the debt before the bonds are sold."
"No, no, Mayor Liu, you misunderstood. I'm just giving an example. It's just to say that we have many methods and don't need to worry about financing costs. After all, the credit of the Senate is the most important..." Chu He I thought that by "letting go" I would do something bad!
The people around me were laughing in their hearts: Look at how good you are! See if you can complain to me again! But it's okay, Chu He has stepped out of trouble for him, and now he has found out the true thoughts of these elders in Guangzhou. He has an idea of what the next fundraising plan should be.
Liu Xiang continued: "Actually, for the natives of this time and space, stocks and bonds are almost the same, and only those with advanced ideas will buy them. Those real landlords who only know how to buy land and collect rent don't care about these things. As a result, the Senate is not interested in these things. I have advanced ideas and believe that the Senate will cut it hard..." As he said this, he spread his hands to show that he could not understand.
At this time, the people around came out to smooth things over: "Mayor Liu! After all, what Chuhe discussed is just a draft. How to implement it will definitely require extensive solicitation of opinions. Your opinions are well put forward, this, this, it is like enlightenment..."
Liu Xiang thought to himself that this would become "Chuhe's draft" instead of "Nanyang Company's fundraising draft". You changed so quickly!
"I don't have Daigo, but I have a bucket of cold water. I think you should think about it carefully. We are the rulers now - since we are the rulers, we cannot only think about interests like capitalists do, but we must take good care of our fundamentals. Let them Just be satisfied and make a profit.”
"In this case, let's withdraw the plan first, revise it again, and then bring it to the meeting for discussion."
After the two of them left the conference room and were criticized by Liu Xiang, their relationship seemed to be much closer. Chu He smiled bitterly and said: "This draft was criticized miserably! I said something I shouldn't have said!"
"What, you can't talk about some technical means, just keep them instead of using them." Surround said, "Let's discuss how to modify the plan tonight. We didn't have time to talk about the specific financing plan just now. There is still time, you Let’s talk about the general idea.”
"Here's the plan. My plan is to raise 300,000 yuan within a month, both in bonds and stocks..."
Chu He breathed a sigh of relief when he returned to the guest house. Although today's road show was not very successful, at least I understood the thinking of those around me and Liu Xiang. In the conversation with others at night, the other party expressed great interest in his financing plan. In this case, whatever the final plan is, it is likely to be based on his plan. Although my intention is not with Nanyang Company, having this "achievement" in hand will be an excellent boost for my future "progress".
Now, although there will inevitably be knots in my heart, at least I have formed a preliminary cooperative relationship with Nanyang Company - this is much better than breaking up and becoming incompatible.
When he came out of the office, he was given a document and asked to "design" the "Nanyang Company's equity structure."
Speaking of which, this is not difficult at all for financial migrant workers, and they can easily do it with the qualifications around them. He handed it to him seriously, of course as a "show of goodwill". As for myself, I naturally have to show off my abilities well.
However, when Chu He had dinner and opened the envelopes handed to him, he realized that it was not that easy.
After reading this information, he was a little confused. No wonder the people around him were still studying the equity structure after working on it for so long. The Senate's instructions were too vague, making it difficult to understand the Senate's intentions.
For example, the key instructions in the Senate document are: "All properties owned by the original Southeast Asia Company will be used as capital injections into the new company. According to the equity distribution, 51% of the state-owned shares, 5% of the Senate, 15% of the individual shares held by the senators, and the remaining 39% The shares will be used in the newly established "Southeast Asia Development Co., Ltd." and its shares will be sold in the form of public offering in the name of the company. In terms of specific shareholdings, the so-called 51% state-owned shares are the transfer of the state-owned shares of the original Southeast Asia company. Arrived at Nanyang Company." Not to mention that the total equity reached 110%, other parts of this instruction also puzzled him for a long time.
The Senate probably forgot that 49% of the shares of the original Southeast Asia Company belonged to the pirate group that was incorporated? The assets of a Southeast Asian company have been transferred and the state-owned shares have been transferred away. What to do with the 49% of the shares? The financial report given to him said that the 49% of the stock capital was close to 530,000 yuan, of which Liu Xiang alone owned 150,000 yuan. Either the 530,000 share capital was injected into the new Nanyang Company, or Liu Xiang's shares and the Senate Collectively, it’s almost the same, or Nanyang Company’s valuation will be sky-high.
How to do this? Chu He scratched his head and pondered. After much deliberation, he decided to establish a new Southeast Asia Shipping Company, transfer these pirate stocks to Southeast Asia Shipping, and then let Nanyang Company virtually inject some funds and hold most of the shares of Southeast Asia Shipping Company. , turning it into a holding shell subsidiary of Nanyang Company.
As a subsidiary of the Nanyang Company, the Senate will naturally have the final say on the profits of Southeast Asian shipping. At that time, dividends will be paid to the pirates according to the old practice. The pirates took the stocks of Southeast Asia Shipping, but they worked for Nanyang Company. Anyway, these old pirates could neither read financial reports nor dare to do anything. In the future, it would be convenient for them to use subsidiaries to inflate related transactions and so on. In this way, the Pirate Group's shareholding is not the same as Nanyang shares, and it cannot free ride on this IPO.
With the Pirate Group holdings solved, the rest is more puzzling. State-owned shares 51%, Senate 5%? What's the difference between the two? The former is state-owned assets and the latter is internal funds? The Senate is quite good at erecting archways.
There is also a document given by the General Office that says "the first batch of stock silver dollar certificates sold is 1 yuan per share, a total of 100,000 shares." This refers to the 5% of personal sales to the Senate? The face value and proportion of this stock have been determined, so what is the valuation? Doesn't the Senate mean that the Nanyang Company has a valuation of 2 million yuan, a total share capital of 2 million shares, and one yuan per share? Hmm... That's okay. It saves him the trouble of compiling another valuation. If it's too high and an oil incident happens, other senior officials won't be able to scold him.
The last sentence, "The remaining 39% of the shares will be used for the newly established "Southeast Asia Development Co., Ltd." and its shares will be sold through public offerings in the name of the company." is the most confusing. First of all, is this Southeast Asia Development Company the vest for Nanyang Company’s public offering? Or another company different from Nanyang Company? What is the relationship between the two companies?
Chu He read this passage several times. It would be easier to understand if the development of Southeast Asia was just a vest of Nanyang Company. It was equivalent to selling 39% of the shares of Nanyang Company to the indigenous people. The development of Southeast Asia was in the name of the outside world and could be understood as a stock code.
(End of chapter)