Chapter 479 Maintenance
Chapter 479 Maintenance
Under Zhao Wenhao's insistence, the others finally chose to compromise.
This decision made them feel helpless, but they had to accept reality.
After intense discussions and considerations, everyone finally reached a consensus and set the stock issue price at 8 yuan per share.
This price takes into account both the market situation and the needs of investors, and is a relatively reasonable choice.
With the issue price established, a series of other related issues were also put on the agenda.
These topics include the company's financial statements, marketing strategies, risk assessment and other aspects, which require in-depth research and discussion one by one.
In the following days, Zhao Wenhao attended various meetings almost every day to communicate and negotiate with people from all parties.
Time flies, and in the blink of an eye it is the last few days of August.
After countless meetings and negotiations, all issues were finally resolved.
Zhao Wenhao breathed a sigh of relief, feeling relieved. However, he knew that even greater challenges were waiting for him.
According to the plan, the company will be officially listed on October 1996, 10.
For the next 40 days, the company entered a silent period.
According to the Hong Kong Island Licensee Code of Conduct, companies about to go public are not allowed to publicly promote the issuance of securities within 40 days after pricing.
At the same time, sponsoring intermediaries are also prohibited from publishing any investment research reports on the issuer.
For Zhao Wenhao, this period of time is both a buffer period and a good opportunity to adjust his mentality.
During the silent period, Zhao Wenhao can temporarily put aside his busy work and have a good rest.
He can review past experiences and lessons learned, think about the future direction, and at the same time, he can use this time to spend time with family and friends and enjoy the fun of life.
It had only been a little over half a month since he came to Hong Kong Island from the mainland, but his schedule was extremely tight, and he was busy running around every day like a racehorse.
Not only him, but also his subordinates are under tremendous work pressure and even work harder than him.
"Okay, starting tomorrow, everyone will have a three-day holiday."
In the conference room, Zhao Wenhao announced the decision with a smile.
He knew very well that everyone had been under heavy pressure during this period of time.
Sure enough, when the news was announced, although the crowd did not cheer, the expressions on their faces finally relaxed.
Almost everyone present is a core member of various departments of the company.
They were temporarily transferred to join this team and devoted themselves to all the preparations before listing.
These employees will have the opportunity to obtain a portion of the company's equity. Although there is a gap compared to the company's senior management, once the company is successfully listed, the value of the equity in their hands will increase by tens of thousands or even hundreds of thousands of yuan.
Therefore, they are full of expectations and anticipation for the company's listing plan.
For the same reason, they also perform their work wholeheartedly and conscientiously.
"Okay, that's a happy decision then." Zhao Wenhao stood up and said, his eyes sweeping over everyone present. He then added: "But when you go out to play, it's best to have companions with you.
After all, this is Hong Kong Island, a place you're unfamiliar with, and the security situation is quite complicated. So, I hope you can all take care of each other and ensure each other's safety. I don't want any of you to get into any accidents here."
He paused and continued, “Also, through your interactions with the locals over this period of time, I believe you have also experienced their condescending attitude towards people like us from the mainland.
But what I want to say is that we don’t cause trouble, but we are definitely not afraid of trouble.
If someone bullies us, we must stand up bravely to defend our rights.
Of course, we must also be careful not to cause ourselves unnecessary trouble because of impulsive behavior."
Everyone nodded to show their understanding.
Afterwards, they began to discuss among themselves where to go for a stroll. Most of them were visiting Hong Kong Island for the first time, so they naturally wanted to have a good time. They also hoped to bring back some special gifts or souvenirs for their relatives and friends.
Zhao Wenhao looked at everyone's excitement, smiled slightly, then turned to Lu Han and whispered, "Help me keep an eye on them and don't let them get separated."
Lu Han nodded to show that he understood.
After Zhao Wenhao gave a few more instructions, he left with Zhou Chen, Cheng Gong and Qian Weibing.
.................. ..
Zhao Wenhao walked into the general manager's office of New Century Investment Company.
Kuang Youzhi, who was working outside, rushed back after hearing the news.
Kuang Youzhi greeted him with a smile: "Mr. Zhao, you are here."
Zhao Wenhao nodded: "Yeah, I just finished my work over there, and I finally had some time until today."
Kuang Youzhi quickly welcomed Zhao Wenhao into the office and personally poured him a glass of water.
At this time, Financial Director He Zhengsheng walked in with a financial statement.
Seeing that Kuang Youzhi was there too, he was smart enough to look at Kuang Youzhi first.
"Mr. Kuang, this is the latest financial statement." He Zhengsheng handed the statement to Kuang Youzhi.
Kuang Youzhi took the report, glanced at it, and then handed it to Zhao Wenhao: "Mr. Zhao, please take a look at this report."
Zhao Wenhao took the report and read it carefully.
Kuang Youzhi stood aside, nervously waiting for Zhao Wenhao's reaction.
"Sit down and wait for me to finish reading." Zhao Wenhao said calmly.
Kuang Youzhi quickly handed over a cigarette and lit it for the boss before sitting down opposite him.
Zhao Wenhao didn't hesitate either. He lit a cigarette, looked at the report and drank tea.
It was not until twenty minutes later that he rubbed his nose and put down the documents in his hand.
Today, the total assets of New Century Investment Company have reached 184 billion Hong Kong dollars, which is a quite scary figure.
You should know that New Century is not a listed company. Most of its assets come from fixed assets, and the rest are stocks, bonds, futures, etc.
If you only look at this one item, it will really surprise everyone.
But if you take a look at the balance sheet, you will find that New Century Investment Company's liabilities have reached 129 billion Hong Kong dollars.
Such a high debt ratio will definitely shock many people.
However, even so, the company's net assets are still HK$55 billion.
In just over half a year, the net assets increased from more than 30 billion yuan to 55 billion yuan, which is very telling.
Unfortunately, Zhao Wenhao was still not satisfied.
"Mr. Kuang, you are still too conservative!" Zhao Wenhao said somewhat dissatisfiedly.
in2ebook