Reborn 80s

Chapter 253 Listed Second Shares

Watching Liu Yuqi leave the office, Chen Huaiqing began to look through the due diligence report on Yangtze Power.

Changjiang Power is the original Changjiang Diesel Engine Factory. As for changing the name to Changjiang Power, it is also particular.

Mota Group does not have Mota Power, which specializes in R&D and production of automobile engines.

Affected by this, Changjiang Diesel Engine Factory was changed to Changjiang Power.

Changjiang Power is now a big deal. In addition to producing motorcycle engines, the diesel engines developed by itself are also big sellers.

Changjiang Power has set up a tractor factory by itself, and the transport tractors it produces are very popular in rural areas.

At this time, the roads in the countryside are not very good, but there is also a need for transportation in the countryside.

In fact, at this time, the entire Huaguo has a considerable gap in transportation capacity, especially in road transportation.

Changjiang Power saw this market, and then engaged in the production of transport tractors.

Not to mention, the effect is really good, and the transport tractors produced are directly sold.

Others' diesel engines are not only sold domestically, but also exported to Southeast Asia.

Exports to Southeast Asia are carried out through Xiangjiang Yuanmao.

Xiangjiang Yuanmao is now not only a dedicated trading company of Mota Group, but also actively expands its business scope in China.

It is difficult to find buyers for domestic industrial products in the European and American markets, but they can be found in third world countries!

Let's not talk about trade, let's continue to talk about Yangtze River Power.

This is a very ambitious business!

The chairman and general manager of Changjiang Power, Mi Yi'an, doesn't look like much on the surface, but he is definitely a person with a strong mind.

Earlier, when Chen Huaiqing knew that Changjiang Diesel Engine Factory was continuing to develop diesel engines with the money it earned from helping the Mota Group produce motorcycle engines, he knew that Mi Yi'an had big ambitions.

People are not willing to succumb to others.

Chen Huaiqing is not afraid of having ambitions, but afraid of not having them.

It's good to be ambitious!

Ambition is the source of motivation for the development of individuals, companies and even the country. What would you do if you lost your ambition?
Enjoy life, and the whole person will become tired and lazy.

When a person gets used to being lazy and wants to start struggling again...

This is so unbelievable!

Changjiang Power belongs to the first batch of joint-stock reform enterprises in Yuzhou, Mota Group, and also has a stake in it.

It is normal for Mota Group to take a stake in Yangtze River Power. After all, Changjiang Power is still the largest engine manufacturer and supplier of Mota Motors.

Compared with Lijiang Diesel Engine Factory, Changjiang Power is more creative.

With the red ink pen in Chen Huaiqing's hand, he kept drawing circles on the materials to mark them.

Changjiang Power undoubtedly made detailed preparations.

Last year, Yangtze Power's total net profit exceeded 8000 million.

The largest expenditure item of an enterprise is research and development expenditure, followed by personnel salaries and operating expenditures.

As for expenditures such as building a new factory building, it is a fixed investment and a fixed asset of the enterprise.

In terms of fixed assets, Yangtze River Power has increased rapidly in recent years.

This is a very normal thing. The annual output of Yangtze Power Motorcycle Engines can reach 140 million units.

Not all of the production of so many motorcycle engines is taken by the Mota Group. Several other motorcycle manufacturers in Yuzhou will also use motorcycle engines produced by Yangtze Power.

For example, Jialin Group and Jianshe Group no longer build new engine production lines.

Also began to outsource the production of motorcycle engines.

Indeed, to a certain extent, the cost has been greatly reduced.

The most important point is that companies like Changjiang Power, which focus on engines, produce engines that are better in quality than those produced by Jialin Group and Construction Group.

In this regard, I have to talk about the role played by the Mota Group.

It is not an exaggeration to describe the quality requirements of Mota Group as harsh.

It is this kind of strict requirement that makes Mota Group's motorcycles and cars gain an extremely high reputation in the market.

Chen Huaiqing closed the file, rubbed his brows, and smiled lightly at the corner of his mouth: "Since you have the ambition to soar to the nine heavens, it's okay for me to help you along the way."

Changjiang Power raised 6 million yuan in this listing and issued 2 million shares at a price of 3 yuan per share.

And Yangtze Power now has a total share capital of 4 million shares.

If the 2 million shares are issued smoothly, Yuzhou State-owned Assets will lose its absolute controlling stake even though it is still the largest shareholder of Yangtze Power.

Chen Huaiqing thought about it, changed the financing amount, 3 million was enough, and found 1 million shares.

In this case, the tradable shares will occupy 20.00% of the total share capital of Yangtze Power.

just.

A gust of cold air came from the south, met the warm and humid air flow from the north, and directly formed a huge rain belt.

The drenching rain kept falling, and red lanterns had already been hung on the lampposts on the street.

With the rapid development of Yuzhou's economy, people have become more serious about street decoration during the holidays.

Pedestrians stepped on the water stains on the street and looked at the shops on both sides.

The Chinese New Year will be in two weeks, and people have already begun to prepare materials for the Chinese New Year in advance.

Melon seeds and peanut candies, these are all must-haves.

As for the sausage and bacon, it has already been prepared.

Liu Sanbao is on vacation today, and he is here with his wife to buy new year's goods. The days are getting more and more enjoyable now.

After a whole year of hard work, it's the Spring Festival, so we have to eat and drink.

Carrying large and small bags from the market came back.

Seeing a person walking out in a hurry, Liu Sanbao shouted, "Li Yuejin, what are you doing in such a hurry?"

Li Yuejin: "Oh, Brother Bao, you didn't read the newspaper saying that today you will start applying for new shares."

IPO subscription?

Liu Sanbao thought of this incident. Now that he has no money, he naturally wouldn't buy stocks.

A few days ago, Yangtze Power released the prospectus, and Yuzhou Daily issued a special edition, free of charge.

It can be picked up for free at newsstands across the city.

Yes, it's free.

This money, of course, has to be paid by Yangtze River Power itself.

To attract people to buy your stock, do you have to advertise?
The newspaper did indeed say that today is the time to subscribe for new shares of Changjiang Power.

Changjiang Power’s subscription for new shares is very different from that of later generations. Just go directly to Mota Securities and pay for the subscription. Anyway, it costs 3 yuan per share. After the subscription of [-] million shares is completed, it will be over.

The entire new share subscription time is three days, and it will end immediately after the subscription is completed.

In fact, there are not many shares released by Yangtze Power, for example, the pension fund bought 1000 million shares.

Compared with the stocks of the Mota Group, it is really something that you want to buy but can't.

If you want to buy, you have to buy 10 shares, and 10 shares cost thousands of dollars.

Who has so much money now!

Changjiang Power is different. It costs 3 yuan a share, and 10 shares are only 30 yuan. Now a random family also has 30 yuan.

Of course, the subscription of new shares naturally cannot only buy 10 shares, the requirement is that you must buy 100 shares.

Moreover, you have to open a securities account.

(End of this chapter)