Rebirth: From catering group to world’s richest man

When Zhang Tongchen said this, Lin Shen nodded and had to admit that Gome and Suning were strong competitors for Zhenxing Electrical Appliances.

But Lin Shen also knows that with the current scale of Zhenxing Electrical Appliances, Gome and Suning are definitely no match if they are tied together. The combined scale of these two companies is now less than one-tenth of the size of Zhenxing Electrical Appliances.

“what do you want to say in the end? Get straight to the point. Also, how did you know that Ouyang and I knew each other, and why did you call me specifically to ask.”Lin Shen didn’t want to play riddles with Zhang Tongchen anymore, so he asked

“I actually asked Mr. Mu at first, but Mr. Mu suggested that I consult Miss Ouyang about this matter. Then Mr. Mu told me that Mr. Lin, you and Ms. Ouyang knew each other, and asked me to call you quickly to ask you. Ms. Ouyang left Shai after it was too late.”Zhang Tongchen said

“So what do you want to do?”Lin Shen was speechless. Zhang Tongchen’s coquettishness made Lin Shen very speechless.

“I want Zhenxing Electric to go on the market.”After a long while, Zhang Tongchen finally said what was in his heart.

“Do you want to go public? Lin Shen was stunned for a moment, and then said happily:”Good guy, you are very ambitious.” So, do you still want to be listed on the Hong Kong stock market?

Hearing that Lin Shen was not angry, Zhang Tongchen continued:”Yeah.

” Originally, I wanted to be listed on the A-share market, so I first consulted Mr.

Mu, but Mr.

Mu told me that if Zhenxing Electrical Appliances was listed in China, I would not first tell whether there was such an opportunity.

Even if there is a chance to list on A-shares, she does not recommend that I list on A-shares.

She said that the mainland stock market has many restrictions, cumbersome approvals, and not enough freedom.

He suggested that I try the Hong Kong stock market, and also said that he could ask me to consult Ms.

Ouyang about the listing of the Hong Kong stock market.

”

“So that’s it.”Lin Shen understands.

But Mu Tingting is right. Listing on the A-share market is troublesome. The listing efficiency is extremely low, the listing threshold is extremely high, and there are many other restrictions.

In comparison, listing on the Hong Kong stock market is easier. A lot, and it is open to capital from all over the world, more free, and can expand international influence.

“Okay, it seems that you have some ideas, and you even thought of going public. Are you short of money again? Lin Shen said

“Missing.

“Zhang Tongchen said,”We have opened so many stores, and they are all directly operated.

Everywhere we go, the properties are only bought and not rented.

This is not only the cost, but also we have to build distribution centers, warehousing and logistics, all of which are required.

Spend money.

Now Zhenxing Electric is surrounded by Gome and Suning.

What I want is for us to go public as soon as possible.

First, we can raise funds to continue to expand our scale.

Second, we can further increase the influence of Zhenxing Electric in the country.

Listed companies, it sounds better than Gome and Suning.

”

“oh. Lin Shen nodded.

In the first two years of the development of Zhenxing Electrical Appliances, Lin Shen managed enough money, but later when Zhenxing Electrical Appliances developed to a certain scale, Lin Shen stopped giving money. After all, the profits generated have formed a virtuous cycle. , Lin Shen will not always protect Zhenxing Electric like a mother, so the future development depends on Zhenxing Electric’s own ability.

Now Zhang Tongchen wants to continue to expand, and he doesn’t want to ask Lin Shen for money anymore. Listed

“It’s a good thing that you thought about going public. I have no reason to refuse, my opinion can be listed. Lin Shen said

“Mr. Lin, aren’t you angry?”Zhang Tongchen said in surprise

“What am I angry about? Lin Shen smiled and said

“Once listed, your shares will definitely be diluted. Originally, a lot of the shares you held were distributed to the company’s employees.”Zhang Tongchen said

“What’s the point? After the company goes public, the company will be more valuable, and I won’t lose money. If you are short of money one day, you can sell stocks to support your family. As long as I still hold the controlling stake, everything is OK. Lin Shen said with a smile.

“So you’re really not angry?”Zhang Tongchen didn’t believe it.

“Of course it is true. You can ask Ouyang about how to get listed on the Hong Kong stock market. It just so happens that Jinyang Capital also has securities business in Xiangjiang, which can help revitalize electrical appliance IPOs. Lin Shen waved and smiled.

“That’s great, Mr. Lin! Zhang Tongchen said happily

“Haha, Ouyang happens to be here. If you don’t understand anything, just ask her.”Lin Shen said.

Zhang Tongchen was ecstatic, and Ouyang Qianyi heard that Lin Shen’s company was going to be listed on the Hong Kong stock market, so she naturally responded with great enthusiasm.

Lin Shen has not yet listed a company that he controls entirely. If Zhenxing Electrical Appliances was listed on the Hong Kong stock market, and Lin Shen had his first listed company. Thinking about it, Lin Shen was actually just as excited as Zhang Tongchen. The matter of the listing of electrical appliances was discussed.

It was finally agreed that Zhenxing Electrical Appliances would start the Hong Kong stock listing plan from now on, and Jinyang Capital would be the sole agent for the listing. As for the details, the securities business department of Jinyang Capital would contact Zhang Tongchen later.

“However, Mr. Zhang, although it is easier to list Hong Kong stocks, the cycle will take at least six months, and you still need to wait patiently.”Ouyang Qianyi said

“I see.”Zhang Tongchen nodded immediately.

“Also, a lot of information needs to be prepared before going public, about twenty different materials. Moreover, our colleagues from the securities department will also go to Zhenxing Electrical Appliances Company to conduct a detailed investigation. We hope that you will cooperate when the time comes.”Ouyang Qianyi said very politely

“Don’t worry, I understand this.”Zhang Tongchen nodded repeatedly.

“That’s good. I look forward to the day when Zhenxing Electrical Appliances will be listed in Xiangjiang. At that time, Mr. Zhang is welcome to come to Xiangjiang to play the gong.”Ouyang Qianyi said

“well.”Zhang Tongchen smiled naively.

Lin Shen also didn’t expect that Zhang Tongchen would directly come up with the idea of going public for him without saying a word. It seems that Zhang Tongchen is a highly educated person and quite courageous. But it’s okay, I can go public. Not bad, let Lin Shen also become a major shareholder of a listed company.

In the blink of an eye, Zhenxing Electric Appliances was about to go public, and Lin Shen suddenly felt that time flies so fast.

…………

A few days later, Ouyang Qianyi left Shai and returned to Xiangjiang.

As Ouyang Qianyi returned to Xiangjiang, Zhenxing Electric’s listing plan was officially launched.