Rebirth of the Official Business Route

There is a garden on the east and west sides of the Bank of China Building. There are flowing water, waterfalls, strange rocks and trees in the garden. The flowing water flows down along the terrain. From a practical point of view, the sound of the flowing water can also absorb the traffic from the surrounding elevated roads. Noisy, but traditional Hong Kong people like Ge Mingde think that the gurgling water means endless wealth. The bronze sculpture of harmonious coexistence stands in the southwest corner of the building. The two huge bronze statues stand out against the gray granite. is eye-catching.

Standing in front of the Bank of China Building, Zhang Ke looked at the three-story stone plinth, and above that was the glass curtain wall reflecting the color of the blue sky. He stared at the two poles on the roof for a while, which made people dazzled . w Novel chapters are updated the fastest

It seems that as long as he takes another step forward, he realizes that he really wants to enter the ranks of wealthy Chinese businessmen, but Zhang Ke meaningfully appreciates the most famous high-rise building in Asia in 1996. Sun Shangyi, Ge Mingde, Zhou You, Xu Si and the others patiently waited for him to express his unnecessary leisurely feelings.

Lu Lujin, senior vice president of Yinheng Securities, and his assistants have been waiting for the arrival of Zhang Ke, Sun Shangyi, and Ge Mingde in the square in front of the business hall of the Bank of China Building.

6 Lujin and Sun Shangyi saw their car driving into the temporary parking lot in front of the building through the phone, and saw Sun Shangyi and his party get out of the commercial vehicle but did not rush towards them, but walked to the southwest corner of the Bank of China Building Take a closer look at this magnificent building. w Fiction novel chapters are updated the fastest

The staff of Yinheng Securities couldn't help poking their lips. In this era, senior staff who work in famous securities companies can be called the pride of this era. Some really don't think of rich local leopards from the mainland. in the eyes. Lu Lujin stood there patiently waiting for Sun Shangyi and his party to come over. He heard from Sun Shangyi that the founder of Aida Electronics was too young. When he saw Zhang Ke walking slowly on crutches, his heart Think: It is indeed too young and personable.

These days, he has carefully read and analyzed all the data he can collect. This is a new high-tech enterprise that has risen in the past two years with the rise of the disc player market in the mainland. Unlike the mainland private enterprises in his previous impressions, even if he picks them with a strict eye, he can't see any obvious flaws in the management of this company that can be blamed; Therefore, Lu Lujin wanted to go to Haizhou to observe it in person as soon as possible.

Recently, Kewang Electric became famous in Hong Kong because of its cooperation with Jiaxin Electronics. But in real comparison, Kewang Electric is far behind Aida Electronics. From the complete information submitted by Aida Electronics, Aida Electronics has advanced preparations in patented technologies such as system control chips and power control chips. In the case of some clumsiness, Aida Electronics is not only capable of making handles, but also proposes a mobile concept with its own LCD screen, and the corresponding patented technology research and development is also in progress, especially the movement factory project of a joint venture with an American company recently. . There is no doubt that it has established the leading position of Aida Electronics in the disc player industry. It is an indisputable fact that cooperation with overseas electronics giants such as American companies can gain the trust of Hong Kong investors. Moreover, some of the patented technologies required by the movement factory come from another overseas electronics giant, Philips.

Naturally, people are full of expectations for this company. What kind of special courage can bring these two famous overseas electronics giants under the banner to cooperate?

The miraculous rapid rise of a mainland private enterprise in a city that is not widely known is full of curiosity.

This is Zhang Ke's first contact with people in the securities industry in Hong Kong, and he looks at them almost with pity, regardless of their bright clothes now. There is only more than half a year of good time left. From the perspective of the entire economy, they will not be able to breathe a sigh of relief until seven years later.

As a result of the preliminary negotiation, Yinheng Securities will provide operational guidance and business services for the entire growth of Jiaxin Industrial, and accountants and asset appraisal firms will need to conduct a comprehensive inspection of Aida's electronic disc player business and issue an authoritative appraisal report before proceeding. Further discuss the issue of underwriting methods and underwriting fees. Of course, Yinheng Securities also proposed that in order to further improve the financial structure of Aida Electronics, it would recommend two Hong Kong investment institutions to participate in Aida Electronics.

Since Aida Electronics was first registered as a joint-stock company, the total number of shares has not changed much, including equity incentives for Zhou You, Jiang Wei, Lu Qingsheng and others. The total number of shares increased from 10 million shares to about 10.4 million shares. According to the financial level of Aida Electronics in 1996, the net assets per share reached 40 yuan, and the earnings per share even reached 100 yuan.

Zhang Yu knows that if the plan is to be implemented smoothly, it is inevitable to give up more benefits to the securities companies. This is almost a piece that domestic companies must exploit when they go to the overseas capital market. The so-called two Hong Kong companies recommended by Yinheng Securities Investment institutions are naturally Yinheng Securities' affiliated institutions. Zhang Ke agreed to sell no more than one million shares to the two institutions at a price of forty dollars per share.

This kind of non-listed joint-stock company’s behavior of privately increasing shares to overseas investors or institutions is in the usual sense. According to the agreement of Hong Kong legal lawyers on joint-stock companies, the shares of overseas investment institutions participating in privately increasing shares can be transferred after six months. That is, six months later. The program was successfully implemented. This part of the stock is converted into the stock of Schwab Enterprises Public Bank, and investment institutions can reduce their holdings in the Hong Kong stock market to make a profit.

This part of the profit is usually several times the line fee.

This is also useful for Aida Electronics. Driven by corporate interests, Yinheng Securities will naturally promote the implementation of the increase plan more actively; the targeted increase of one million shares will not significantly dilute the profits of the remaining shares, and Aida Electronics can obtain 40 million US dollars in liquidity , it can completely solve the capital problem of Aida Electronics, and increase the net assets per share to about 70 yuan.

Due to the participation of international organizations, the value of Aida Electronics naturally has a reference benchmark. After deducting the intangible assets of Kumho Electronics Technology Research Institute, Tate Optoelectronics Technology Research Institute and Aida Electronics’ trademarks, Aida Electronics ADA Electronics—including physical assets such as electronic component subsidiaries, group companies, assembly factories, precision mold factories, and core factory joint venture projects, as well as equity assets held in parts supply companies, as well as Aida Electronics trademark audio-visual Perpetual licensing of disc players, various audio-visual patent technologies including system control chip technology, video encoding chip technology, audio signal processing chip technology, sound effect chip technology, digital signal processing chip technology and complete single-disc and three-disc movements Manufacturing patented technology and other intangible assets - the value of assets reached 400 million US dollars.

Naturally, with the approval of the M\u0026A plan, the market value of Aida Electronics will far exceed this figure. The investment institution recommended by Yinheng Securities spends a huge amount of money to participate in the stock at this time, hoping to at least double the income after the implementation of the M\u0026A plan.

Zhang Ke had previously asked domestic accounting firms to make a complete financial report. It also froze Yuexiu’s 30% shareholding in Charles Schwab with a market value of nearly 300 million Hong Kong dollars to guarantee the integrity of this financial report. On December 30, it signed a fundraising agreement with two investment institutions recommended by Yinheng Securities. protocol.

Such obedience is mainly due to Zhang Ke's strong request that the increase plan be completed before June 1997, and according to Hong Kong's legal regulations on shareholding companies that must be held for six months before they can be transferred, if investment institutions want to publicly increase shares in Schwab Industries When selling stocks, sell the shares you hold to make a profit. It is necessary to sign a shareholding agreement with Aida Electronics immediately. Fortunately, Zhang Ke can provide a sufficient amount of credit guarantee assets, otherwise it would be difficult for the two parties to reach an agreement on this point.

Of course, in order to complete the entire land increase plan, it is necessary for Yinheng Securities to recommend, an accounting firm, an asset appraisal firm, and a law firm jointly selected by Schwab Industrial and Aida Electronics to issue a complete financial and asset evaluation to Aida Electronics. In addition, a professional evaluation report on the value of disc player audio-visual patent technology is also required. In short, it is a very professional and cumbersome job. Although Zhang Ke has done a lot of work before, it cannot make the entire program part has been reduced. To implement this plan in May and June of 1997, the time is still very tight.

On January 3, Guoyu Investment, a Hong Kong company listed on the London Stock Exchange, announced that it had signed an agreement to inject 20 million US dollars into Aida Electronics, a leading domestic disc player manufacturer, in exchange for 500,000 shares of stock.

This is a very inconspicuous piece of news, but Guoyu Group, the holding parent company of Guoyu Company, is listed on the Hong Kong Stock Exchange, and Guoyu Group also issued an announcement at the same time.

Xie Jiannan was flying from Haizhou to Hong Kong again to invite Ge Mingxin and Ge Yinjun to Haizhou to attend the foundation stone laying ceremony of Kewang Research Center. Hearing the news, he felt mixed feelings. They did not hesitate to betray the interests of their allies Jincheng Group. After that, it transferred 10% of the shares to Jiaxin Electronics and only received a capital injection of less than 50 million Hong Kong dollars, while Aida Electronics only transferred less than 5% of its shares and received a capital injection of 20 million US dollars. That is, Guoyu Investment, a Hong Kong-listed company listed in the UK, valued Aida Electronics at US$400 million and RMB 3.2 billion.

Although Aida Electronics made a huge profit in 1996, Kumho and Haiyu distributed most of their profits. Xie Jiannan estimated that Aida Electronics' net assets were between 300 and 400 million yuan, and their shareholders went to Ke The real gold and silver invested by Wangli is over 300 million. This huge valuation gap, Kewang is not even one-sixth of that of Aida Electronics. Is it just because it is one year behind?

Xie Jiannan's mood after arriving in Hong Kong was really terrible.

He was full of confidence in the cooperation with Jiaxin Electronics before. He thought that as long as he received assistance from Jiaxin Electronics in terms of technology, human resources, and funds, Kewang could quickly shorten the gap with Aida Electronics, and 97 end of the year. As a CCTV advertisement, Kewang has a clear advantage in market information resources. It's just that Kewang is working hard, and Aida Electronics has not stopped. Kewang introduced a capital injection of 5,000 Hong Kong dollars, and Aida Electronics immediately introduced a capital injection of 20 million US dollars.

It's a pity that Xie Jiannan received a call from Zhang Xiaojian in China at night. The amount reported by Aida Electronics to the Provincial Foreign Exchange Administration Branch and the Municipal Industry and Commerce Bureau was not only 20 million US dollars, but doubled. On January 5, Zhang Ke removed the cast of his right foot at Ge's Changkui Hospital in Hong Kong. I didn't move my right foot for a month, and my muscles were atrophied. The two feet were together, and there was a clear difference. Sun Shangyi also recommended the rehabilitation doctor of Changkui Hospital to Zhang Ke. Even Zhang He Haizhou. The rehabilitation doctor can also guide him to do rehabilitation exercises.

On the plane from Hong Kong to Jianye, Sun Shangyi also talked about this matter.

This time it was business class. In addition to their group, there is Lu Lujin, senior vice president of Yinheng Securities, and his group. Except for Zhang Ke, Fu Jun, and Ma Hailong, everyone else is a member of the M\u0026A plan team. Su Jindong, Jiang Wei, Zhou Yiping and others from Haizhou.

They booked the business class on this flight to Jianye, which is not a luxury. The key point is that there are not many more seats for them to sit down, and they are not afraid of others hearing some commercial secrets when chatting.

Hearing their conversation, Lu Lujin said strangely: Master Ke doesn't have a professional rehabilitation doctor, so I might recommend it for Ke Shao... In just over ten days of contact, he was also very impressed by Zhang Ke's own tolerance, The talent in business and the admiration for the proficiency in finance, business knowledge, and negotiation skills, I believe that some people are born beyond the reach of ordinary people.

Zhang Ke refused with a smile and said: I'm not that delicate, and it's not that there are no rehabilitation doctors in Haizhou. I think this foot will recover after walking slowly for a few more days. It's not like I will be a sprinter in my future life. I can't get out of it at all. ... Turning around, he said to Sun Shangyi, The cost of human resources in Hong Kong is the most expensive. The starting salary for college graduates is 10,000 Hong Kong dollars. Hiring a specialized rehabilitation doctor, plus other expenses, returning to Haizhou is enough to hire Twenty senior doctors surrounded me...

Zhou You smiled and said, Back to Haizhou, it's enough to ask two young and beautiful nurses to accompany you around.

That's a good suggestion, Zhang Ke echoed with a smile.

Xu Simei opened her eyes slightly. He smiled and said, I would also like to see you go back to Haizhou and find two beautiful nurses to accompany you...

Just thinking about it... Zhang Tianran smiled, Xu Si would not stay in Haizhou for too long, but thinking that Tang Jing and Wan Qing would accompany him to do rehabilitation exercises, it was no worse than finding two beautiful nurses.

Lu Lujin was used to Zhang Ke's not-too-serious tone, smiled helplessly, and said, You can always enjoy a more refined life now, Mr. Zhou is now worth tens of millions, more than me... 6 Lu Jin is a Guangzhou native who came to Hong Kong in the early 1980s. He has been in Hong Kong for more than ten years and has been a senior professional manager for five or six years. With an annual income of nearly tens of millions of Hong Kong dollars, he is used to enjoying the exquisite life of the rich in Hong Kong. However, he also knows that the next ten years will be the golden age of making wealth in the mainland. People like Zhou You are considered top-notch elites even in the Hong Kong business community. The key point is that they are sufficiently enterprising and hard-working. It is only a matter of time before they get rich. They said with a smile, This time, Aida Electronics has given birth to a group of rich people in Haizhou. It is also right to enjoy a refined life... ...

After the implementation of the equity incentive plan implemented at the end of 1995, Zhou You was rewarded with 100,000 shares of Aida Electronics. The dividend of these 100,000 shares in 1996 will reach 6 million yuan. The stock price of this private placement should be used as a reference. The value of the 100,000 shares of Aida Electronics under Zhou You's name reached 4 million US dollars. Cai Feijuan, Jiang Wei, Lu Qingsheng, Yang Zhipu, the general manager of the components branch, and the two chief engineers of the Kumho Electronic Technology Research Institute who have made outstanding contributions to audio-visual technology research will all enter the ranks of multi-millionaires At the end of 1996, that is, the equity incentive plan that Zhang Ke will sign when he returns to Haizhou this time. It will award hundreds to 10,000 shares of stock to management personnel, including Yang Yun and Zhou Yiping, the first-level department heads, and it will give birth to a group of millionaires. Su Jindong and Dong held a total of 500,000 shares in their hands. Excluding the dividends in 1996, the assets under their names reached 20 million US dollars. These financial details should naturally be disclosed to the members of the implementation team of the merger and acquisition plan. Half of the members of the team were senior staff from accounting firms, law firms, and asset appraisal firms in Hong Kong. They were considered to be highly paid in Hong Kong. I am also envious of so many managers of Aida Electronics who can get incentive equity. I think that these people can get a salary that is comparable to or even far higher than theirs in a place where the standard of living is much worse than Hong Kong. Live a refined life with more dignity and dignity.

Living too delicately is just confining oneself in a very narrow space, Zhang Ke said with emotion, but he would not deliberately refute Lu Lujin's point of view. The life concepts of the two places are too different. It would be too impolite to refute others with your own concept of life, and said with a smile, Haizhou's foundation is too poor, even if you want to enjoy an exquisite life, there is no place to enjoy it.

Sun Shangyi said: Ke Shao said that hardworking and pragmatic people can finally live a decent and dignified life in Aida Electronics. I think Haizhou will soon form a large white-collar middle-class community with Kumho as the center. ...

I have contacted several inland enterprises, including state-owned enterprises and private enterprises. The management of these enterprises is quite different from Ke Shao's thinking... Lu Lujin said, They have always emphasized the low labor costs in the mainland...

This is an advantage of the Mainland, Zhang Ke said with a smile, and changed his tone, The low cost of human resources is indeed the most important advantage to attract investment at present, but the working class has power, and the exploitation of capitalists will always change. If you are so tender, how should you say something more dignified... Zhang Ke turned his head and asked Zhou You. Zhou You hadn't thought of a suitable word yet, but Zhang Ke thought of a suitable expression first, Let employees who are loyal to work live a decent and happy life. A dignified life should be the core social responsibility of a modern enterprise, so would it sound more grandiose? Hearing people laughing, Zhang Ke laughed at himself again, Aida Electronics is better, and the profit is more sufficient The so-called, at this time, of course, there is no need to show the ferocious face naked, so I put on a tender veil of embarrassment...

Zhou You said with a smile: No capitalist will expose himself to blood like you...

In order to prevent excessive media attention from the increase in mergers and acquisitions, Zhang Ke has long since dispersed the shareholding of Aida Electronics under the name of Kumho to the names of Shin Kong Paper and Kumho Electronic Technology Research Institute. Everyone knows that Zhang Ke actually holds 7 million shares of Aida Electronics. Based on the bargaining price of this private placement agreement, the value is as high as 280 million US dollars. The technical research institutes have each received a certain percentage of development funds. Since the main assets of Kumho Electronics Technology Research Institute at this time are reflected in the shareholding of up to 5 million shares in Aida Electronics, these shares are all under the name of Kumho. In the past, Kumho's shareholding in Kumho Electronics Research Institute increased from 70% to 90%.

Kumho Electronic Technology Research Institute is also a registered limited company with 10 million shares. Kumho holds 70% and 7 million shares. The research institute mainly owns the ownership of Aida Electronics trademark except audio-visual disc players and the huge potential Intangible assets, of course, it is impossible for Xie Wanqing, Su Jindong, and Dong to compete with Zhang Ke. Zhang Ke said that this part of assets is worth 100 million U.S. dollars, and then he will sell 7 million shares of Aida Electronics worth 200 million U.S. dollars Injecting into the research institute, the research institute will increase 20 million shares to Kumho, and the total number of shares will increase to 30 million. For the other 3 million shares, Haiyu holds 2.1 million shares, and Su Jindong and Dong each hold 2 million shares. Holds 450,000 shares.

Now the research institute is waiting for the five million shares of Aida held under its name to be converted into funds for technological expansion.