The boss Lan Fei was present, and the waiter was very fast. He quickly cleaned up the desktop. As for telecommunications, they were mainly talkative and refreshing. The kitchen had been greeted. Knowing that the boss was present, of course, they made special snacks according to Lan Fei's preferences. Not to mention, they were all full of color, fragrance and taste, which was the lowest standard.

Finally, everyone took their seats back and first tasted Lanfei's unique snacks in Lanting's private kitchen.

"Hey, Sister Lan, the taste is different than what I usually eat." Zheng Jun is an old man in Lanting's private kitchen. As soon as he eats it, he knows that these snacks have changed a little bit. Not to mention anything else, Zheng Jun's taste buds are not ordinary. If you are used to eating delicacies, you can still distinguish this.

"You can't even catch your mouth when you eat." Lan Fei said to Zheng Jun, but turned her head to care about Lu Ning: "How is it? I'm used to eating or not. The chef knew that I was there, and specially made it lighter. I don't like eating too sweet things at night." Lan Fei was afraid that Lu Ning wouldn't be used to eating, so she explained.

"It's nothing, eating this way is very healthy." Lu Ning replied with a smile. For the evening, Lu Ning also advocated a clean conversation. After all, diet therapy and health care are much better than those health products.

This way of showing off his love made Zheng Jun a little stunned. My mother, when did Sister Lan be so gentle? If she hadn't seen it with her own eyes, she would never have believed it.

After everyone finished their snacks, the waiter brought the fragrant tea, and then left and brought the door of the private room.

"Sister Lan, brother-in-law, why did you suddenly want to put the mainland real estate company in Xiangjiang to go public?" After eating and drinking, Zheng Jun began to talk about the important matters, and only after his friends with Zheng Jun finally knew the reason why Lu Ning and Lan Fei came.

Isn’t I just going to go to the listing of Xiangjiang? I suddenly felt a little excited. This is an opportunity to show off in front of my idol. I must seize it.

"Well, it was also what Lu Ning said just now. I don't think you are with a few professionals here, so I'll just come over and ask for advice."

"Mr. Lan, Mr. Lu, you two are too polite. You can't ask for advice. We are all fans of Mr. Lu. Lu Ning's commercial operations are classic and are textbook-level operations." One of the present said, and the others nodded repeatedly, agreeing with what this person said.

"Everyone, you have specialties in your profession. You must know more about the CSRC and the Hong Kong Stock Exchange in Xiangjiang than me." Lu Ning said with a smile. If you have reached his position, there is no need to understand everything he has done. Moreover, Lu Ning has indeed not had much contact with the CSRC and the Hong Kong Stock Exchange.

Although the listing policies of different countries are not very different, there are still many small details and different rules. Lu Ning is most familiar with the United States and Europe. He should be more or less familiar with Xiangjiang.

Of course, if you really want to say that Lu Ning would not be able to find someone to operate, that would be nonsense. Not to mention Lu's investment, there are many talented people in the China branch of Lu's Group.

As long as Lu Ning says casually now, some capable people are willing to serve Lu Ning, just like these people in front of him, each of whom is trying to show themselves in front of Lu Ning.

"Haha, brother-in-law, you're asking the right person now. My buddies may not do anything else, but I still know the Xiangjiang market very well. Not to mention anything else, there are more than 10 domestic companies listed in Xiangjiang through them. You can definitely rest assured." Zheng Jun did not brag about the magic snail this time, and Zheng Jun still dared to guarantee this. After all, Lu Ning and Lan Fei involved this time, Zheng Jun did not have the courage to brag about this matter.

"Mr. Lu, whether it is a general real estate or a private enterprise, if you go to Xiangjiang to list, the difference is indeed quite different from the mainland. First, choose to list in Xiangjiang, you can list in the H-share or red-chip stock model, or you can also go public through a backdoor listing." One of them answered first.

"Oh? There is no need to go public through backdoor listing. I don't want to take this step." Generally, a large number of companies that want to go public through backdoor listing will have various reasons, and there will be many violations or failures at all. However, on the contrary, Wang's Real Estate is a completely high-quality company, and Lu Ning's stake does not meet the standards? That's a joke.

Generally, most companies that want to go public through backdoor listing will be involved in non-compliant listing standards or are subject to policy restrictions in the listed industry. Either the listed companies have "historical problems" and are unwilling to disclose information about early-stage enterprise development.

However, Wang Real Estate does not exist in these situations, so why not take the IPO path directly?

Moreover, many people think that backdoor listing is actually a shortcut. In fact, this idea is a big mistake. It takes about a year to publish the main board of Xiangjiang. In contrast, it takes about one year to achieve control of listed shell companies through backdoor listing.

Moreover, it will take at least two years to completely inject all domestic companies into shell companies. In this regard, Xiangjiang's Hong Kong Stock Exchange has made all clear regulations, and it is not necessary to go public through a backdoor listing for some reasons.

"Mr. Lu, since you don't need to go public through a backdoor listing, you must take the IPO path. The difference is whether it is H shares or red chip stocks."

"Oh, let's talk about the difference between the two?" Lu Ning asked very carefully. After all, these involve a little blind spot.

"Mr. Lu, listed in Xiangjiang, H shares require the company to make a profit of no less than HK$30 million in the first and second year, and the third year, and the net assets are not less than RMB 400 million, the after-tax profit of no less than RMB 60 million in the past year, and the fundraising amount is not less than US$50 million." One of them first explained the conditions for listing H shares.

Lu Ning listened very seriously.

"In comparison, red-chip stocks are a little looser. Although the main board of red-chip stocks also requires the company to make a profit of no less than HK$30 million in the first and second year and a profit of no less than HK$20 million in the third year, there is no requirement for performance asset for mainland companies." Afterwards, the man explained the listing conditions for red-chip stocks.

"Of course, Mr. Lu, this is just one of them. The definitions of red chip stocks and H stocks are different. There are considerable differences in the requirements for registration, equity, and listing performance."
Chapter completed!