"Dong Xiao, it's not a problem to always rely on your own funds to support you.In order to completely solve the problem of capital, it is best for enterprises to go public for financing. ”Shang Liancheng put forward his own opinions, he felt that the liquid crystal display device industry was simply a gold-swallowing monster.Even if Xiao Bai's financial strength is strong, he can't withstand this continuous huge investment."
Mr.
Shang, I have thought about this problem before.In this way, taking advantage of this cooperation with Shencheng, we just happened to plan the listing of Times Optoelectronics. ”Xiao Bai nodded, this matter has been in his heart for a long time, and he only had the opportunity to say it directly today.Times Optoelectronics, like Times IC Manufacturing Company, is a super capital-intensive enterprise.It is characterized by rapid technology iteration, huge capital expenditures, and not necessarily high profits.Times IC Manufacturing Co., Ltd. has been listed in China, and the next step is to consider the listing of Times Optoelectronics.The next day.Xiao Bai held a meeting of the board of directors of Times Optoelectronics, and there was only one topic, that is, the problem of the company's new project funding gap.When Xiao Bai talked about issuing convertible bonds, Li Longbin suddenly laughed."
Dong Xiao, if you are interested in increasing capital and shares, Mr.
Lin, Zhang Dong, and Yifan will definitely be interested."
Recently, Li Longbin and Lin Jiadong, Zhang Yilin, Jiang Yifan and others have gotten together twice, these guys have made a lot of money in the stock market and are looking for new investment opportunities.Xiao Bai also remembered what Jiang Yifan and the others had said, and it was not bad to pull them up.In fact, several of them have already invested a lot in the Times Department, and everyone has already formed a relationship of both prosperity and loss."
Okay, Li Dong.You call a few of them later, and let's go to Xiangjiang together tomorrow and talk to them. ”Finally, the board of directors passed a resolution to issue convertible bonds of 10 billion yuan.The interest rate of the convertible bonds is lower than the interest rate of bank loans in the same period, but they can be converted into shares of Times Optoelectronics 7 at any time.Xiao Bai had already thought about it, if Lin Jiadong and they were not interested, then he would subscribe in full in the name of Times Technology Group.Following.Xiao Bai was busy in the office until the afternoon, and then left for Xiangjiang.Li Longbin had already made an appointment with Lin Jiadong, Zhang Yilin, Jiang Yifan and others in advance, and after Xiao Bai passed the customs, he came directly to the private room of the restaurant."
Xiao Dong, let's drink first, and talk about other things after drinking.Come on, come on, raise your glasses, and it!
”Waiting for the personnel to arrive and the wine and food were served, Lin Jiadong smiled and took the lead in raising the wine glass.Li Longbin has already revealed some of the purpose of everyone's gathering today, and he has also communicated with Zhang Yilin and Jiang Yifan in advance.According to Lin Jiadong's prediction, Times Optoelectronics will be listed sooner or later.So getting involved in this company before going public is in line with their investment philosophy.It's not a long night, there's no need to just sit down and talk about business, everyone should contact first."
Come on, it's done!"
Xiao Bai smiled slightly, he was not so urgent."
Dong Xiao, I heard that you have been running around recently, and there are a lot of things in the company?"
Jiang Yifan sat next to Xiao Bai, and the two chatted casually while drinking.Recently, the Department of the Times has been making great moves, and several people here have heard about it."
There is no way, the company has developed to the current scale, as the so-called if you don't advance, you will retreat, and you can only keep going."
Xiao Bai is telling the truth, the relationship between the times and the system now involves all aspects.Even if he wanted to stop and rest, the other stakeholders would not agree."
Xiao Dong, I heard that you have started to enter the real estate industry?"
Zhang Yilin heard the conversation between the two, and then asked with a smile."
It's not a real estate venture, but I've developed a few commercial properties by myself.These properties are not sold to the outside world except for their own use, and the return on capital is relatively low. ”Investment in real estate only depends on rent, and that time can be long.But if you include the increase in the value of land and real estate, it's really hard to say.Nowadays, the real estate industry in China has begun to rise, but it is still far from the level of madness that later generations had.Therefore, after listening to it, Zhang Yilin smiled and nodded before changing the topic.When everyone ate and drank well, Lin Jiadong proposed to drink tea.So a group of people came to a quiet and elegant teahouse, mainly for the convenience of talking about things, or they went to the clubhouse.In the private room, the tea master made tea, poured a cup for everyone, and withdrew.Xiao Bai organized the language and introduced the construction plan of the 75th generation line in Shencheng from beginning to end, as well as the plan of Times Optoelectronics to issue convertible bonds."
Xiao Dong, if you want me to say, don't make it so complicated.10 billion yuan of funds, a few of us can come up with, isn't it better to directly invest in shares?
”Lin Jiadong, Zhang Yilin, and Jiang Yifan had coordinated their positions in advance before, so he gave a positive answer as soon as he opened his mouth."
Mr.
Lin, the plan to issue repayable debts has been approved by the board of directors, and its essence is still the same, so don't make a mess, right?"
Li Longbin took over the conversation with a smile."
Yes!
Then this matter is decided, and the specific matters are left to the subordinates to discuss.Xiao Dong, you haven't thought about listing Times Optoelectronics?
If you're planning to go public in Hong Kong, I can help you plan it. ”Lin Jiadong exchanged glances with Zhang Yilin and Jiang Yifan, then replaced the wine with tea and touched the glass with Xiao Bai.There was agreement on the principles of financing, but the specific terms would need to be negotiated between the two sides.After talking about financing, Lin Jiadong naturally shifted the topic to the listing of Times Optoelectronics."
Mr.
Lin, the situation of Times Optoelectronics is relatively special.I have an idea that it is better for the company to be listed in both Hong Kong and China, and take the route of A+H shares. ”Xiao Bai smiled and nodded to Lin Jiadong, this matter will inevitably trouble the other party in the future.However, the financing amount of Future Times Optoelectronics is definitely not small, so he plans to list in Xiangjiang and the mainland together.In order to raise more money."
In this case, then you'd better go public in Xiangjiang first, the valuation of Xiangjiang is already a little lower, if you don't have a reference, you may be able to sell it at a good price."
Lin Jiadong suggested that Xiao Bai first issue H shares, try to set the issue price higher, and then consider going public in China."
Haha, I'm afraid I can't help it!
As you all know, it is more difficult to list in China, once there is an opportunity, how dare I pick and choose?
”Xiao Bai is going to talk to Shencheng recently, if the other party can support Times Optoelectronics, maybe it will be listed in China first.Several people sat in the teahouse for more than an hour, and then left one after another.Xiao Bai stayed in the villa on the top of the mountain for one night, and returned to Shencheng early the next morning.In the following period, Xiao Bai attended two signing ceremonies.One of them is the signing ceremony of the 75th generation line of Times Optoelectronics Shencheng, and Times Optoelectronics and Shencheng will jointly invest 17.6 billion yuan to build this project.Both companies will invest an equal amount of CNY 8.8 billion each.However, the project shares of Times Optoelectronics accounted for the majority, accounting for 65 shares.The stake in Shencheng is 35.In addition, Xiao Bai also participated in the signing ceremony of Lin Jiadong and others to purchase 10 billion yuan of convertible bonds issued by Times Optoelectronics.The convertible shares were set at $710 billion, and the funds were soon received."
Mr.
Shang, now that all the conditions have been met, the rest is up to you.I hope that this 75th generation can be built as a model project and lay a solid foundation for the next development of the enterprise. ”Xiao Bai then convened a meeting with Shang Liancheng and others, and asked Times Optoelectronics to ensure the smooth implementation of this project."
Dong Xiao, please rest assured, we have enough experience and technical reserves."
Shang Liancheng and Chen Yisheng are also full of confidence, especially Chen Yisheng, who has already had a construction experience of the 75th generation line in Rongcheng, and the two are nothing more than different scales.The Shencheng 75th generation line directly entered the preliminary preparation stage of the project, and this time Shang Liancheng and Chen Yisheng discussed and reserved a lot of space for domestic equipment.As long as the equipment can pass the technical verification, in the case of similar prices, domestic equipment will be preferentially purchased.In terms of the production of liquid crystal display devices, there are relatively more alternative options for domestic equipment.The back-end lithography machine of Pudong microelectronic equipment, as well as some manufacturers of other equipment, have actively participated in the construction of this 75th generation line.Some material suppliers have also followed, and some will even build factories in the local area, forming an industrial symbiosis with this 75th generation line.Xiao Bai has been to the city a lot these days, but he didn't bother Wu Qingyuan, Wu Qingyuan had less than half a year to retire, so he simply relied on several leaders in the city.The city is still very supportive of the listing of Times Optoelectronics, and liquid crystal display devices will become mainstream in the future, which has formed a consensus in China.Even if it is to avoid being stuck in the future, we should pay enough attention to this industry.The city submitted a report to the relevant parties, explaining the development prospects of liquid crystal display devices and the importance to related industries.The report hopes that the relevant state departments can introduce a series of policies to support relevant domestic companies to become bigger and stronger.At present, there are only two liquid crystal display device companies with a certain scale and technical capabilities in China, Dongfang Technology and Times Optoelectronics.In comparison, Times Optoelectronics has obvious advantages.In addition, Dongfang Technology has already been listed, so the listing of Times Optoelectronics is particularly important.In fact, the relevant departments have been paying attention to Times Optoelectronics, and they agree with the report of Shencheng, and the consensus reached by everyone is to give the company all the necessary support.Especially in the listing of Times Optoelectronics, the relevant departments will coordinate with the regulator and try to give the green light all the way.This is the good luck of Xiao Bai and Times Optoelectronics, the country has begun to pay attention to the liquid crystal display device industry, and there will be greater support in the future.