Chapter 751 Split Listing
The child was very healthy and Lin Yan was in good physical condition as well. She was discharged from the hospital and returned home with her child a few days later.
The home has been settled long ago. In addition to the Filipino maid, Song Yuanchao had previously hired a professional nurse to take care of Lin Yan. Now the nurse will continue this work and take care of Lin Yan until she is out of the confinement period.
Song Yuanchao told the Lin family and Zhang's mother the news that Lin Yan had given birth to a daughter on the same day. When relatives and friends learned about this, they were very happy and congratulated Song Yuanchao on the phone.
Especially my father-in-law and mother-in-law, they were so happy when they found out that it was a daughter this time. They already had grandchildren and grandsons, and now they just lacked a granddaughter or granddaughter-in-law. Now with the birth of the child, they are very satisfied.
Chen Yuqin couldn't stay in Jinling, and had already agreed with Lin Daoyuan that she would come to Hong Kong to accompany Lin Yan and the child for some time. She was in the process of completing the formalities these days and would arrive in Hong Kong soon.
It is a good thing that the mother-in-law is coming. Although Lin Yan has recovered well after giving birth and the baby is healthy, Song Yuanchao cannot stay with them for too long. As the spring trade fair is about to begin, he must rush back to Yangcheng next week, so it is best to let Chen Yuqin take care of Lin Yan next.
A week passed in a flash, and Chen Yuqin also came to Hong Kong. After arranging the family affairs, Song Yuanchao said goodbye to Lin Yan with great apology. Lin Yan smiled and said it was okay, work was more important, and now the child was born, she had nothing to do, and there was a mother, a Filipino maid and a nurse to take care of her at home, and Ying Caixia would come to accompany her every day, so Song Yuanchao didn't need to worry about herself.
After settling down, Song Yuanchao and Qin Zhengguo crossed the border directly from Hong Kong to Pengcheng. After arriving in Pengcheng, they met Li Daqi who had just returned to Pengcheng from the mainland.
"Congratulations, Yuanchao. Come here, this is a gift for my niece." As soon as they met, Li Daqi smiled and bowed to Song Yuanchao, and happily took out an exquisite box from his pocket, which contained the gift that Li Daqi specially prepared for the child.
Song Yuanchao took the gift with a smile and thanked him. The three of them sat down and drank tea and started chatting.
Li Daqi first talked about the cooperative company of Shenghua Telecom in the mainland. With the development of the cooperative company, the business is developing very well now. An almost monopolized market has brought huge benefits to Shenghua. At the same time, through this method, Shenghua's network of relationships in the mainland is very stable. This is of course due to interests, but also due to Shenghua's own advantages.
"I have something to tell you." Li Daqi said seriously, "There are several companies in the same industry that are very hostile to Shenghua. They are spreading some unfavorable remarks about us in society. Moreover, they have found some leaders through some connections and raised objections to the cooperation between Shenghua and the local governments, strongly demanding that such cooperation be terminated."
"Which ones?" Song Yuanchao asked.
Li Daqi reported the names of several companies, and Song Yuanchao nodded slightly. These companies were domestic agents for similar foreign products. Their domestic business , but when Shenghua adopted such a cooperative company method, most of the market was monopolized by Shenghua, resulting in a significant decline in business volume from last year to now.
As the saying goes, cutting off someone's financial resources is like harming their parents. Shenghua's sales method is like cutting off the source of income, directly monopolizing most of the market. For these companies, they used to have their own unique skills, but now they are directly excluded from the market because of Shenghua. They can only watch Shenghua advance triumphantly, but they can't squeeze into this market. Even if they can squeeze in, it is because Shenghua has voluntarily given up the market for some products.
"What is the attitude of our partners?" Song Yuanchao asked.
"I have a rough understanding of it. Their attitude is that they have no attitude." Li Daqi replied, and this sentence made Song Yuanchao and Qin Zhengguo laugh at the same time.
"Don't pay attention to them. We have formed a community of interests through our cooperative company. It is impossible for us to give up the benefits we have obtained. Besides, what can we do if we make a fuss about this matter? If they have the ability, they can do the same as us. They are just sour grapes. What a bunch of idiots."
Qin Zhengguo's words drew a burst of laughter. Song Yuanchao laughed so hard that tears came out. He nodded in agreement, "Zhengguo is right. It's useless to just rely on them to yell a few words. Besides, the efficiency of local affairs is not as high as expected. In addition, due to the trend of their own interests, the resistance below is very great. Daqi, you just said that their current attitude is no attitude. Since they have no attitude, they tacitly agree to continue with the current model, so there is no need to worry too much in this regard."
At this point, Song Yuanchao thought for a moment and said, "But we need to prepare for a rainy day. We need to make some preparations, especially for those remarks that are not favorable to us. We need to respond accordingly. If that doesn't work, we can resort to legal means. What we want is not the result, but an attitude, a clear attitude. As for monopoly or not, we must not mention a single word . As for market competition, we all rely on our own abilities. What do you think?"
"Haha, you think quickly. I know what to do." Li Daqi thought about it carefully and nodded, indicating that he would handle it according to this idea.
"By the way, Zhengguo, how is the situation in the United States? What stage has it reached?" Song Yuanchao turned to ask Qin Zhengguo. Qin Zhengguo thought about it and told Song Yuanchao that although the company in the United States had just been established, its research and development progress was still good.
After all, George and his team are professionals. There may be technical barriers to the program-controlled switch project in China, but there are none in the United States. Moreover, the technology of large program-controlled switches is already very mature abroad. Their current work is just to develop medium-sized and primary large program-controlled switch technology based on the large program-controlled switches in the current market.
Although this technology is a little behind the most advanced technology, it is still very advanced in China.
According to George, this technology has been completed through the efforts of the R&D team. The United States is now entering the actual testing phase. Once the test is completed, this technology will be handed over to Shenghua, and Shenghua Telecom will directly launch its own products based on this technology.
"There is another thing, which is the issue of technology transfer and patent fees. Was the fee set previously a bit high?" Qin Zhengguo asked after he finished talking about the situation of the American company.
Song Yuanchao shook his head: "This fee is not high. You have to consider the issue of domestic currency and foreign exchange settlement. Although these technologies are not the most advanced, we must be cautious when transferring such technology abroad. It is better to set the fee higher than too low, otherwise it will cause trouble."
Seeing that Qin Zhengguo seemed a little unconvinced, Song Yuanchao reminded him again: "In fact, doing so is also good for us, because the real controlling party of the American company is still Shenghua. To put it bluntly, this fee is just money from the left pocket to the right pocket. In addition, keeping some funds abroad in this name will not harm the future development of the company. What do you think?"
"Okay, since you've decided, I have no objection." Qin Zhengguo thought about it and nodded, then continued, "What are your thoughts on the previously mentioned split-up listing of Shenghua?"
When Li Daqi heard Qin Zhengguo mention this, he suddenly became alert and his ears pricked up.
Shenghua is quite famous in Hong Kong and the Mainland, especially in the past two years, Shenghua has developed very rapidly. As Shenghua has grown bigger, many people in the Hong Kong financial community have been trying to contact Shenghua and proposed to help Shenghua go public.
Hong Kong is an important financial center in the Far East. At least when the mainland is just developing, Hong Kong's status is very high. Even in the 21st century, most mainland companies will still choose Hong Kong as their listing destination besides the United States.
The reason why Liu was able to acquire huge wealth in just a few years, and jumped from a fan manufacturer to a famous Hong Kong tycoon, was that the listing of his company was a key factor that could not be avoided.
It is precisely because the company went public that Liu's wealth skyrocketed in a short period of time, making him a billionaire with a net worth of hundreds of millions. Moreover, after leaving the company, he used the stock market to regain control of the company. This further increased Liu's assets, and now his wealth has reached ten digits.
Shenghua is now considered a real sweet potato in the eyes of many people. Once Shenghua goes public, it will inevitably become a darling of the stock market with its good operating conditions and domestic market potential.
Moreover, not only professionals in the financial industry are optimistic about Shenghua, but also some other wealthy businessmen in Hong Kong are optimistic about Shenghua. They all hope to get a piece of the pie in the process of Shenghua's listing and thus gain huge benefits.
In fact, Song Yuanchao did not intend to list Shenghua, because Shenghua's cash flow was very good, and from this point of view Shenghua was not short of money. Listing is nothing more than a financing process, raising a large amount of funds in the name of listing, and then continuing to invest this part of the funds in the development of the enterprise.
In addition, going public can also achieve a surge in wealth. Although Song Yuanchao, Qin Zhengguo, Li Daqi and other shareholders of Shenghua are considered wealthy people, they are actually far less famous than Liu. Even Liu himself knows that he cannot compare with Song Yuanchao in terms of strength. The problem is that based on the conversion of listed assets, Liu's assets are on the surface, but the assets of Song Yuanchao and others are unknown to outsiders.
Once listed, Shenghua will create a group of wealthy people. Not to mention Song Yuanchao who holds the majority of the shares, even a small shareholder like Xu Hui will probably have hundreds of millions of assets overnight. However, Song Yuanchao also knows that most of this wealth is just wealth on paper. Unless he sells his shares to cash out, it will not change much for him personally.
There is another problem. Song Yuanchao does not want to expose his actual identity in Shenghua so early. Once the company goes public, he will not be able to hide it as the actual controlling shareholder of Shenghua, which will also be a trouble for him personally.
But the problem is that some things are beyond human control. With the continuous growth of Shenghua, there are too many people eyeing this sweet cake. It is unrealistic to simply avoid it. What's more, there is the concept of taking sides in business. Going public is also a way to win over allies and take sides in business. Since Shenghua's headquarters is in Hong Kong, these situations in business cannot be completely ruled out. Song Yuanchao also needs to consider this.
