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Chapter 176 Enterprise Listing

 When Yan Jiecheng arrived at Lou's house, Lou's father and others were surprised by his arrival.

"Jie Cheng, why are you here?" Father Lou and the others asked.

"Uncle, I plan to discuss something with you." Yan Jiecheng said.

Hearing what Yan Jiecheng said, Lou's father and others said, "If you have anything to do, just tell me!"

Yan Jiecheng did not speak, but first showed the newspapers and information about the "Southern Tour Speech" to Father Lou and others.

Father Lou and the others were in a good mood after reading all the information, and they all said, "Okay! Good times are coming."

Father Lou and the others have experienced so many years, how could they not know what this means?

"Then Jie Cheng, what do you want to do?" Lou's father said.

"I plan to announce some of my businesses so that everyone can know about it," Yan Jiecheng said.

Hearing Yan Jiecheng say this, Lou's father didn't know what he was thinking, so he said: "Why should it be announced? Isn't it bad to make money in a low-key manner?"

Upon hearing this, Yan Jiecheng said to him: "You won't understand what I mean."

"First, I have kept a low profile for so many years, and I always want the world to know about Yan Jiecheng."

"Secondly, the famous rich people now are all from your side, but not from our side."

"I plan to stand up and let everyone know about the achievements of the new era. We also have rich people."

"Third, I believe that we people will develop better in the future, and things like the past will not happen again."

Hearing what Yan Jiecheng said, Lou's father said: "Since you said that, then I also support your approach."

Then, Lou's father asked: "Then how do you want to announce these things?"

"I want to list the company there and raise some funds to develop its industries." Yan Jiecheng said.

Hearing what Yan Jiecheng said, Lou's father thought about it carefully and then said: "It's just that from now on, you will live in the spotlight and have no peace."

"Uncle, I am mentally prepared and can accept this reality." Yan Jiecheng said.

Father Lou asked again: "Then what properties do you plan to list on the market?"

"Among my industries, only the catering business and the livestock business are suitable for listing."

"It's just that I'm still a little undecided at the moment. I don't know which one to list." Yan Jiecheng said.

"Please tell me all these in detail, and I will tell you my opinion." Father Lou said.

Yan Jiecheng introduced these two aspects of business to Father Lou in detail.

When Lou's father heard Yan Jiecheng's introduction, he was surprised by his industries.

"I didn't expect it at all! Your properties are actually more than ours," Father Lou said.

"Uncle, your family's property has expanded many times in recent years!" Yan Jiecheng said.

"That's right, thanks to your guidance!" Father Lou said.

"It's nothing, I can't get involved in those businesses anyway."

"Besides, your family has helped me a lot over the years," Yan Jiecheng said.

"Xie Cheng, since you are planning to stand up, you might as well stand up more thoroughly." Father Lou said.

"Uncle, what do you say!" Yan Jiecheng asked quickly.

"Although your catering business can also be listed on the market, it is still not as good as the livestock business."

"Just take your livestock business and list it on the stock market!" Father Lou said.

Hearing what he said, Yan Jiecheng thought for a moment and then said: "That's okay, I won't be able to hide it anymore anyway."

After hearing Yan Jiecheng's words, Lou's father said: "Since you have decided, let us handle it for you!"

"It just so happens that our family has established a foothold there, and we have the corresponding relationships and connections."

"Okay, I'll thank uncle." Yan Jiecheng said.

"Why are you so polite? There are people over there who specialize in doing this kind of thing. As long as you pay enough, they will do what you ask for." Lou's father said.

After hearing what Lou's father said, Yan Jiecheng thought for a moment and found that there seemed to be people doing this kind of business over there.

……

"Going public" is not a simple matter. It requires meeting many requirements and completing many processes.

For example, submitting a listing application, accepting hearings, recruiting brokers, reviewing accounts, road shows, IPOs, listing transactions...

For some companies, several years have passed by the time they complete this process. Even so, they may not be able to successfully go public.

And there are several ways to go public, mainly H-share listing, red-chip listing, and finally shell listing.

Yan Jiecheng plans to take the path of "backdoor listing", which means that a company to be listed acquires the controlling stake of the listed company and then injects assets to achieve the purpose of "reverse acquisition and backdoor listing".

Of course, these listing methods have their own advantages and disadvantages, but in terms of speed, "backdoor listing" is the fastest.

After taking advantage of the Lou family's connections, Yan Jiecheng quickly found someone who specialized in this kind of business.

After getting to know Yan Jiecheng's company, the company began to promote Yan Jiecheng's company to be listed.

By the way, this company now also has an official name, called "Oriental Agriculture Co., Ltd."

Shell buying, auditing, asset restructuring, recruiting brokers, filing for approval, issuing new shares, listing and trading...

These people are already familiar with this kind of "backdoor listing" thing, so everything goes smoothly.

……

Time flies, time flies, and more than half a year has passed like this.

It's January 1993, and Yan Jiecheng's company "Oriental Agriculture" was successfully listed on Hong Kong Island.

The first round of issuance of 500 million shares, accounting for 20% of the total share capital, is priced at 2 yuan per share, raising a total of 1 billion Hong Kong dollars.

Because the total assets of "Oriental Agriculture" are several hundred million, and its annual profits are as high as more than 200 million.

The brokerage told Yan Jiecheng that there was simply not enough stock for investors to fight for, and they wanted him to issue more shares.

In the end, Yan Jiecheng rejected it because he didn't want others to take advantage of him.

I have already said that if Yan Jiecheng needs it in the future, he can issue new shares again, and there is no need to worry about it.

Sure enough, just as the securities dealers said, the stocks are simply not enough for those shareholders to allocate.

Although it is not like other companies, the subscription rate reaches more than ten times, or even dozens of times.

However, the subscription rate of "Oriental Agriculture" has also reached five times, and it has successfully frozen up to 5 billion Hong Kong dollars in funds.

Stimulated by this news, the stock price of "Oriental Agriculture" experienced a huge surge.

Everyone who buys the shares of "Oriental Agriculture" is considered to have made a lot of money.

The stock price of "Oriental Agriculture" has reached 6 yuan per share, and the total market value can be said to have reached 15 billion yuan.
Chapter completed!
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