Urgent! What should I do if I get a bad character after rebirth?

Chapter 226 Jinyun Group's restructuring and listing process and development path selection

In the process of formulating the reform plan, we faced many difficulties.

The first is how to balance the rights and interests of existing shareholders with the interests of newly introduced investors, which requires careful weighing and planning.

Secondly, there are differences in the positioning of future development strategies, and different departments and individuals have different views and demands.

In order to solve these problems, Yun Jianguo led the team to conduct in-depth research and analysis.

They communicated with the original shareholders one by one, listened to their opinions and suggestions, and also consulted industry experts to gain a more professional perspective.

In response to the differences in development strategies, they organized several special seminars to allow all parties to fully express their views. After repeated discussions and consultations, they gradually reached a consensus.

In terms of setting up the equity structure, they referred to successful cases in the same industry and combined with the company's own characteristics to develop a reasonable plan that can both motivate employees and attract external investment.

They formulated response plans in advance for possible risks and problems to ensure a smooth reform process.

At the same time, they also actively communicate and coordinate with relevant government departments to strive for policy support and preferential treatment.

In solving funding problems, we actively seek suitable financing channels and cooperate with financial institutions.

Through these efforts, we finally successfully formulated a scientific, reasonable and feasible reform plan, paving the way for the further development of the company.

After doing all this, what they need to do is to conduct asset appraisal: hire a professional asset appraisal agency to conduct a scientific assessment of the company's various assets, determine their value, and provide a basis for equity distribution.

Equity setup: Reasonably determine the shareholding ratio of different shareholders, taking into account the contributions of the original shareholders and reserving space for the introduction of strategic investors or public shareholders in the future.

Establishment of a joint-stock company: After completing the above preparations, go through the establishment registration procedures for a joint-stock company in accordance with the law and obtain a business license.

2. Establishment of a joint stock limited company

Formulation of company articles of association: clarify the company's governance structure, shareholders' rights and obligations, rules of procedure and other important contents as the basic guidelines for company operations.

Establishing a corporate governance structure: Establishing a shareholders' meeting as the highest authority to elect the board of directors, the board of supervisors, etc. The board of directors is responsible for major decisions and management of the company, and the board of supervisors oversees the company's operations.

Organization setup and staffing: According to the company's business needs, rationally set up functional departments, recruit professional managers and employees, and build an efficient operation team.

Improve internal control system: Establish and improve various internal control systems such as finance, auditing, and risk management to ensure the company's standardized operation.

Standardize financial management: Strengthen financial accounting and management to ensure the authenticity, accuracy and completeness of financial information, laying the foundation for information disclosure after listing.

3. Determine the listing plan

Choosing a listing location: Comprehensively consider the characteristics, requirements, valuation levels and other factors of different securities markets.

For example, the Shanghai and Shenzhen Stock Exchanges in China have their own focuses; overseas Stock Exchanges such as the Hong Kong Stock Exchange, Nasdaq, and the New York Stock Exchange also have their unique advantages.

Hire intermediary agencies: including sponsors, law firms, accounting firms, etc. They will play an important role in the listing process and provide professional services and guidance.

Listing time planning: Based on the company's own development stage and market conditions, reasonably determine the listing time node to ensure that the company can enter the capital market in a good state.

Financing scale and purpose: Clarify the scale and specific purpose of funds raised from listing. The purpose of funds should be closely related to the corporate strategy and business development to enhance the company's core competitiveness and long-term value.

Valuation and pricing strategy: Work with sponsors to study the company's valuation methods and pricing strategies to ensure that the stock issuance price is reasonable, which can both attract investors and reflect the company's value.

Risk assessment and response: Conduct a comprehensive assessment of the risks that may be encountered during the listing process, such as market fluctuations, policy changes, industry competition, etc., and formulate corresponding response measures to reduce the impact of risks.

Investor relations management: Plan investor relations management strategies in advance, establish channels and mechanisms for communicating with investors, and enhance the company's visibility and reputation in the capital market.

Information disclosure plan: Clarify the content, frequency and method of information disclosure after listing to ensure that investors can obtain corporate information in a timely and accurate manner.

It was not until June 1996 that Jinyun Group was finally listed on the Shenzhen Stock Exchange. Its name was taken from the surnames of Jin Caiqin and Yun Jianguo, with Jin Caiqin's surname being listed first.

Jinyun Group is a large comprehensive group integrating planting, animal husbandry, food processing, food chain stores, catering and entertainment, film and television entertainment, and engineering construction.

In addition, the operating rights of Yongchang’s airport and railway station, as well as the 30-year operating rights of highways in Yongchang City and several neighboring cities, are also in the hands of the Jin Group.

In the real estate sector, in addition to undertaking some infrastructure and government projects, they only built a large integrated residential area and a high-end villa area.

Yunhe did not suggest that Yun Jianguo make money by engaging in real estate, but insisted on taking the path of industry.

Although the real estate industry had huge profit potential at the time, Yunhe had his own profound considerations and firm beliefs, which made him resolutely not recommend Yun Jianguo to make money from real estate, but to stick to developing industry.

Yunhe is well aware that the real estate market has certain cyclicality and instability.

Market fluctuations may cause companies to face huge risks. Once the economic situation changes and the real estate bubble bursts, companies may suffer a heavy blow.

But industry is different. It can create real value for society and has a more solid foundation and longer-term development prospects.

The development of industry can drive employment, promote technological innovation, and make lasting and far-reaching contributions to society.

From the perspective of corporate sustainable development, real estate projects are often one-off in nature, and after developing a project, it is necessary to constantly look for new land and opportunities.

Industries can achieve sustained growth by continuously improving product quality, optimizing production processes, and expanding market channels.

Through industry, companies can build their own brand and reputation and form core competitiveness, which is difficult to match in the real estate industry.

In addition, Yunhe believes that developing industry can better align with the country's future development strategy.

The country has always emphasized the importance of the real economy and encouraged enterprises to carry out technological innovation and industrial upgrading.

Sticking to the industrial path will not only gain policy support, but also make greater contributions to the country's economic development.

Moreover, the real estate industry is prone to cause a series of social problems, such as excessively high housing prices leading to increased living pressure on residents.

The development of industry will help promote balanced social development and improve the overall quality of life.

In Yunhe’s mind, corporate social responsibility is not only to pursue profits, but also to contribute to the progress and development of society.

She firmly believes that through the development of real industries, Jinyun Group can achieve a win-win situation of economic value and social value and create a better future for enterprises and society.

Of course, her resolution was strongly supported by Yun Jianguo.

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