Investment Life

Chapter 177

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In addition to New Year's Day, Chen Yuanming only stayed in Beijing for a few days. The preparations for Feiyan's listing and the Eagle's Nest game base were waiting for no one, so he could not allow him to indulge in the gentle village.

Therefore, when the first snow of the new year completely melted, Chen Yuanming got on the plane bound for Hefei. Xiao Junyi can be said to be full of complaints about his "flying life" running around the world, but now the expressway network is blank, and the trains do not have speed-up express trains that begin with the letter K. In addition to several flights a day, there are also What are some time-saving travel options? Thanks to Hefei being one of the very few cities in China with an airport, otherwise it would take a long time to travel back and forth for more than 2,000 kilometers.

It's just that he was in a hurry. When the plane landed at Luogang Airport, before he walked out of the airport gate, a group of people rushed up, headed by Meng Lisheng, one of Feiyan's three drivers.

"Yuanming, you're back!" Meng Lisheng walked towards him with an excited look and grabbed Chen Yuanming's shoulder.

Chen Yuanming raised his eyebrows in surprise, "Lao Meng, why did you come to pick up the plane in person?"

"I can't wait!" Meng Lisheng laughed and said, "A bunch of people are looking forward to the listing prospectus, but why don't they wait for you, the big boss."

This is true. Since Feiyan's listing plan was put on the desk, all kinds of news have been rampant. Except for the core top management personnel, it is the research laboratory under Meng Lisheng that holds scattered shares. The most people. It is an exciting good thing for a company to go public no matter when and where it is, let alone on an international main board such as the New York Stock Exchange in the United States. If it weren't for the fact that the development of the game console had recently entered a critical final stage, he really couldn't guarantee whether those experts would still be able to work with peace of mind.

Hearing this, Chen Yuanming shook his head and smiled, "Has Professor Yan come back? I thought he was going to stay in the United States for a while longer."

"The listing plan at Zero Hour is not that complicated. Lao Yan just came back after New Year's Day. The board of directors has discussed the listing issue for several days." Meng Lisheng glanced at Chen Yuanming's rare relaxed expression, "You It's good, you have to run around Beijing and still look so proud, what good things have happened?"

"Even if it's ploughing, you have to give the cows a breather. There are still other harvests. I'll tell you in detail when I get to the headquarters." Chen Yuanming smiled slightly and pulled the topic away. No matter how proud he is in love, he can't bring Xiao Junyi to others, so he can only taste it by himself.

Sitting in Chen Yuanming's Grand Cherokee, the two drove to the industrial park where Feiyan's headquarters was located. It only takes half an hour to drive from the airport to the industrial park. Last year, the municipal government also made great efforts to build roads and build a two-way four-lane expressway that is currently the highest standard in the country, paving the main transportation line for Feiyan. No, it's almost the end of the year, and there are still cars passing by on the road. This is the direction of the airport and the national highway. It is said that the line to the railway station is busier. The city made a small profit.

Seeing Chen Yuanming's gaze looking out of the window, Meng Lisheng smiled, "This road only opened to traffic at the end of last year, haven't you seen it? This government team is very cooperative, saving us a big deal."

Chen Yuanming looked back, "How many factories with annual sales of over 10 billion are there in the country? They should also cooperate well."

Meng Lisheng was instantly amused, "Your tone is getting bigger and bigger, but I love hearing this!"

When he was working in the research institute, Meng Lisheng was really tormented by those bureaucrats. Now that he has finally gotten out of the way, how could he not raise his eyebrows well. Yes, now the "black cat and white cat" theory has long been popular across the country. Big taxpayers like Feiyan are the treasures of the municipal government, not to mention the huge annual tax payments, their impact on the local economy alone is beyond the reach of people. neglect. Now they don't even need to take care of and cooperate with the attitude of the government as they did for half a year. Instead, they need the government to fully cooperate with them in their operations.

Looking at the scenery outside the window, Meng Lisheng couldn't help but feel a little fascinated, and muttered to himself, "I don't know what development opportunities Feiyan will usher in after this listing, Yu Yongan's boy seems to be entering the CPPCC this year. Woolen cloth… "

"Of course it will be better." Chen Yuanming smiled and gave a firm answer.

When I came to the conference room, the round table was already full of people, basically all the faces that were too familiar to me. After nodding to everyone, Chen Yuanming took his seat firmly in the main seat, and Li Fangqing beside him respectfully handed over a document. He quietly stepped back behind him.

After reading the document at a glance, Chen Yuanming's lips curved into a smile, "It seems that everyone has no objection to the idea of A and B shares."

"It's just that I can't buy or sell it for 5 years. I think I can work for another 20 years." Meng Lisheng answered the most readily.

Chen Yuanming said with a smile, "The holding time is second, and the most important point is the conversion between A and B shares. Original shares, that is, A shares can only be converted into B shares before they can be listed and traded, and B shares that are listed and circulated will never be traded. It cannot be turned into A shares, which is the core of the two stock systems. I hope that every stock in your hands can play a greater role, rather than exchanging them for immediate benefits."

As far as Chen Yuanming's eyes can see, no one has refuted or questioned. Even though stocks are still unfamiliar to most of them, the dragon and the phoenix among these people are also aware of the development potential of Feiyan. Maybe it will take less than ten years. Such transnational giants, they are fortunate enough to stand in this position, how could they give up a rare opportunity for a petty profit.

Yan Qiaosen picked up the conversation, "In addition to the share split, the financing amount this time is also the key to our discussion. The current Goldman Sachs assessment is that the market value is 1.5 billion US dollars, and the financing is about 300 million."

"How about our own evaluation?" Chen Yuanming asked rhetorically.

"It's higher than this one." Yan Qiaosen showed a proud smile. "At present, Feiyan has 3 branch factories, 15 production lines, 7 supporting subsidiaries, as well as two R&D departments and a technical school. Last year's net profit was US$340 million, mainly because the DVD market has not been fully opened, and the research and development expenses It has not been recovered yet, and it is expected that profits will increase significantly after expanding production scale.”

Although most of you here are well aware of this data, there are still many people who straighten their backs and their eyes flash with excitement.

Yu Yongan added with a smile, "At present, our DVD movement has also begun to have foreign buyers, and now it is only a few small manufacturers in Australia. It may spread to more places in the future. After all, we are the owner of the patent rights. It is better for them to pay the patent fee than to buy our movement directly. As for the VCD movement, although Feiyan has withdrawn the whole machine from the Southeast Asian market, the sales volume of the movement has increased by 79% compared with the first half of last year, completely making up for the Southeast Asian market. Now Sony has been squeezed into an untenable position. If there is no accident, this year's sales will only hit a new high. Maybe in the near future, the movement market will have more potential than the complete machine market. "

This is the real core model, Chen Yuanming nodded clearly, "Not bad. So even if we don't count the shares of Zero Hour and Eagle's Nest held by Feiyan, our market value is more than 1.5 billion US dollars?"

"That's right." Yan Qiaosen replied simply, "If it goes public one year later, it is conservatively estimated that there will be 2.5 billion, but now it is between 1.8-2 billion."

"Since we have this confidence, let's continue to talk to Goldman Sachs. Their mentality to enter the Chinese market is also very urgent, and they even treat us as a golden horse. Don't just give in because of his strength."

After pondering for a moment, Chen Yuanming continued, "This time we need to raise at least 300 million US dollars. Now Silicon Valley is at a critical moment when a wave is rising. Only with cash flow can we quickly swallow up those companies and technologies we need. This is a 3-year period. -5-year strategic plan. By 2000, I hope Feiyan will have at least three pillar products, VCD and DVD will further shrink the front, and the future chip industry is the key."

Looking around the audience, Chen Yuanming's tone was very serious, "In the commercial market, there is no eternal rise. Although we have caught up with this wave of rising prices, we can never slack off in times of danger. Only by strengthening research and development and forging ahead, Only then can we obtain greater benefits at the top of the wave. Our research and development has been at the forefront of the world, and the most important thing now is not to fall behind. With strong enemies around, this is not the time to stop and breathe.”

Yan Qiaosen thought for a while, and then asked another topic, "What about the technical barriers? We set up Zero Hour to break the shackles. Now Feiyan is preparing to go public and plans to acquire American companies on a large scale. Will it be affected? The nerves of some people? And what about the impact of the current situation in the Taiwan Strait..."

Hearing this, Chen Yuanming turned his head and asked Meng Lisheng, "Meng Dong, have the upper management asked you about technical issues recently?"

Meng Lisheng shook his head, "The electronics industry, and it's not the most high-end, at present, the country has no intention in this regard."

"Professor Yan, is there any movement in the United States?"

"Not yet." Yan Qiaosen replied truthfully, "We are only involved in entertainment equipment, and have nothing to do with military weapons."

"That means we haven't gone the wrong way yet." Chen Yuanming concluded, "Don't worry too much about the political factors in the Taiwan Strait, neither country should let this situation go on stalemate, as far as Wall Street's influence on the White House is concerned. , they are reluctant to give up the fat of China. Just like this listing, expanding our connection with Wall Street is also one of the important purposes. With this protective umbrella, our development will be safe in a few years. As for In the future..."

Chen Yuanming smiled.

"The huge profits from the stock market will fall and evaporate one day, but as long as the company can grow, we have a chance to turn around. Now it's just time to exchange money, and that day, it's time to exchange money for more Control. Only in this way, when we really touch the sensitive links of both countries, can we have the capital to start from the ground.”

Except for Chen Yuanming's voice, the room was extremely quiet, except for the rustling of the tip of the pen rubbing against the paper. The issue was still going on, but Yu Yongan lowered his head and looked at the notepad in front of him in a trance. As one of the people in the room who understands the stock market best, what he's just heard isn't just literal. Trade money for control? According to this kind of thinking, maybe the big rise is not the key, and when the disk starts to fall sharply, Feiyan starts to get out of the second-class situation and rush to the first-class start

Cash flow is still the top priority... With a silent calculation in mind, Yu Yongan marked a note in the notebook, and was ready to go back and talk to Chen Yuanming in detail. Putting aside these off-topic thoughts, he raised his head and continued to listen intently to the speech. The fluorescent lights didn't know when to turn on, but no one wanted to leave the venue early. Instead, more and more people joined the speech and discussion, making the most thorough preparations for the upcoming reform.

The author has something to say: It means that I tried the anti-stamp yesterday and found that it can only block some websites that pirate texts by machine, and those who steal in seconds may be just like any pirate, for profit rather than love. It is estimated that any of my actions are small and futile...

But after all, it is less, and I also saw a few subscriptions to supplement V, very happy, at least not all in vain.

And yesterday, I received a lot of overlord votes. Two classmates, Heiji and Shan Wuniang, also fed shallow water torpedoes, and many, many replies to encourage...

Apart from continuing to work hard, I really can't think of applying for QAQ

Thank you all, we will continue to work hard!

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