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Chapter 607: The arrangement of raising funds is troublesome


However, there are many companies under the Times Department, and there are also many companies listed in Xiangjiang.For example, affiliates such as Times Pharmaceutical, Shenhai Tengfei and BOD Electronics, the current stock price is very sluggish, and it is time to invest again.It just so happened that the deep-sea take-off was going to be issued recently, and Lin Jiadong, Zhang Yilin and Jiang Yifan discussed and decided to participate in the issuance and placement."

In addition, I also plan to intervene in BOD Electronics again, the current price of this stock is only about 8 Hong Kong dollars, and there should be good returns."

Speaking of this, Lin Jiadong couldn't help laughing.The elasticity of BOD Electronics is very good, and the range of stock price fluctuations is also very large, and the upper and lower boundaries can have a floating difference of more than ten times."

Yes, BOD Electronics' performance is still good, and what is even more rare is that its stock price is also very active."

Zhang Yilin agreed with Lin Jiadong's judgment."

Mr.

Lin, then do what you want."

Jiang Yifan nodded, and the three of them immediately reached an agreement.Xiao Bai didn't know the plan of Lin Jiadong and others, and after the A-share listing of Times Optoelectronics, he had more problems to consider.It is not necessary to repay the loan in advance, and the funds of 10 billion Hong Kong dollars are very important for the development of the enterprise, and you can wait for the loan to expire.However, funds cannot be idle, and it is impossible to use them for investment and financial management.So there is only one way left, and that is to use it in production and operation.That morning, he called Shang Liancheng and others to his office to discuss the use of the raised funds."

Dong Xiao, I think it's better to acquire assets.Our Rongcheng 5th generation line has been built, otherwise it will be acquired by listed companies. ”Shang Liancheng is also reluctant to repay the loan in advance, but the existing funds seem to be able to only acquire this production line under construction, and if he wants to acquire the 6th generation line, the funds are not enough.The total investment of the H Fei 6th generation line is 14.5 billion yuan, and Times Optoelectronics (Holdings) Co., Ltd. owns 74 of its shares.According to the assessment, the value of this part of the shares is around 2,146 billion yuan."

The construction of the 5th generation line has just begun, how to acquire it now?

Let's take a good look at it and put the 6th generation line of H Fei City into a listed company. ”After repeatedly weighing the pros and cons, Xiao Bai decided to let the listed company acquire the H fertilizer 6th generation line.As for the funds, you can buy a part of the equity first, and then make the full acquisition when the funds are sufficient."

Xiao Dong, is this step too fast?"

Juvinson doesn't understand technology, but he still knows how to operate capital.A method like Xiao Bai will definitely cause controversy."

It doesn't matter!

The cyclical nature of the LCD panel industry is obvious.I think this round of weak cycle should be coming to an end, and we must expand production capacity and improve performance as soon as possible. ”Xiao Bai has his own set of standards for grasping the industry cycle.The top priority now is to quickly improve the performance of Times Optoelectronics Co., Ltd., so as to lay a solid foundation for future refinancing.If you can't make money when a strong cycle comes, then the so-called countercyclical investing will become an empty word.If you want to make more money when the business cycle is coming, then you must have sufficient production capacity as a guarantee.The quickest and safest way to expand production capacity is to acquire a mature production line.To be honest, like a mature 6th generation line, if you want to acquire it in the market, no one will sell it to you for any amount of money.Subsequently, in the decision-making committee and the board of directors, Xiao Baili overrode the public opinion and decided to let Times Optoelectronics Co., Ltd. acquire the H fertilizer 6th generation line.The price is based on 2,146 billion yuan, and the holding company will acquire 74 shares of Times Optoelectronics (Luzhou) Company.As a result, Times Optoelectronics (Holdings) Co., Ltd. and Times Optoelectronics Co., Ltd. signed an equity transfer agreement.The listed company scraped together 8 billion yuan to bring it to Times Optoelectronics (Holdings) Co., Ltd., and the rest of the acquisition money will be repaid in installments.Times Optoelectronics (Holdings) Co., Ltd. temporarily did not go through the procedures for equity change before the acquisition money was paid, but in fact handed over Times Optoelectronics (Luzhou) Company to the listed company, and the other party assumed the corresponding rights and obligations."

Dong Xiao, this time Times Optoelectronics (Holdings) Co., Ltd. has suffered a little loss.I hope that the listed company can pay off all the acquisition price within one year!

”Shang Liancheng's sentence is a joke, the actual controller of the holding company and the listed company is Xiao Bai in the final analysis, and some accounts cannot be calculated in this way."

Don't worry, it shouldn't take a year to pay off the purchase price."

Xiao Bai is very confident that as long as the LCD panel industry reaches the boom cycle, the profitability of Times Optoelectronics Co., Ltd. will be greatly improved.He estimates that the purchase price will be paid off in half a year at most.Now the times optoelectronics (holding) company is sad, the company has only two production lines under construction, Shencheng 75th generation line and Rongcheng 5th generation line.In addition, the earliest 3rd generation line bought back from Hyundai cannot be counted, this line is the company's talent training and technology verification line, and does not directly produce benefits.In other words, the holding company now has only costs and no revenue.Fortunately, several factories have been handed over, and the cost to the holding company is not very large.Coupled with the more than 20 billion yuan of funds recovered, life is difficult but not unbearable.Weekend.Xiao Bai, as usual, came to Xiangjiang.Tian Chunxiu recently started working at Liansheng Pharmaceutical, she was originally a director and deputy general manager of Liansheng Pharmaceutical, and after returning from abroad, she resumed exercising her powers."

Ah Bai, I plan to take Ziyu with me next week.I always feel uncomfortable here in Xiangjiang, and I have a feeling that I can't reach the whip. ”Tian Chunxiu brought up the old matter again, and it was obvious that she had made up her mind.This time, not only the assistant and others will follow her, but her parents will also follow her at the same time.But in this way, it is a bit troublesome for Xiao Bai to see his daughter.It's not like it's in Xiangjiang, you can see it after passing a pass."

Okay, I'll go to Zhuhai to see you when I have time."

Xiao Bai nodded and didn't say anything more."

Ah Bai, look at your unhappy look.I'm going to stay for half a month, and then I'll come back and rest for half a month.If I want to return to my previous state, it will take at least half a year, so let's be free to go around a little bit recently. ”Tian Chunxiu burst out laughing, and then quickly explained."

Well, the work is not finished, so why are you in such a hurry?

I think your deputy is quite good, and you can reuse it in the future. ”How did Xiao Bai know that Tian Chunxiu was panting when he spoke?

However, it would be better to arrange it this way.He mainly felt sorry for Tian Chunxiu's body, and then he felt sorry for his daughter.Taking advantage of this opportunity, he praised Tian Chunxiu's deputy."

Well, Mr.

Hu is still very reliable and capable, thanks to him for more than a year."

Tian Chunxiu agreed with Xiao Bai's statement that the company's vice president Hu is indeed a talent."

Then take care of people!

Xiao Tian, you must learn to delegate power in the future, and don't grasp everything in your hands.The decision-makers of an enterprise cannot do it without a few henchmen. ”Xiao Bai said very meaningfully, he found that Tian Chunxiu likes to hold power firmly in his hands, and it is not a good phenomenon that the people under him have no room to play.Tian Chunxiu has been abroad for so long this time, which is actually a good thing.Otherwise, how can Vice President Hu's talent be displayed?

Tian Chunxiu was touched and nodded silently.Xiao Bai is naturally up to the point, some things still need to be experienced by the parties themselves, and no matter how much others say, it doesn't make much sense."

Ah Bai, when will Lingling come over?

She said that she would take Chenchen and Ziyu to Disney tomorrow to have fun. ”After a while, Tian Chunxiu changed the subject."

She's probably coming over early tomorrow morning.She has been busy with several investment projects recently, and she is busy all day. ”Just as he was saying this, Tian Mu came over with a plate of cut watermelons and beckoned Xiao Bai and Tian Chunxiu to eat some fruit.The two stopped talking.Following.Xiao Bai went to the gate in the morning to pick up Liu Xiaoling and Chenchen, and went straight to Disneyland.Tian Chunxiu pushed Ziyu, plus the assistant and others, and was waiting for Xiao Bai and them at the gate of Disneyland.Her parents didn't come, and today the old couple can just take a break and go shopping or something.After a group of people went in, they played until noon and came out to find a place to have a meal.Then I came to the Xiangjiang Pier and sailed to the open sea on a yacht.After Ziyu and Chenchen got on the boat, they fell asleep in the cabin.Xiao Bai, Tian Chunxiu, and Liu Xiaoling sat on the deck, blowing the sea breeze, and it was rare to have such a little leisure time.After half a day at sea, the yacht returned to the dock that night.The two little guys, especially Ziyu, are still young and not suitable for staying at sea for a long time."

Dong Xiao, Mr.

Shang came to call you."

As soon as she got off the boat, Yang Yan arrived and handed her mobile phone to Xiao Bai."

Mr.

Shang, what's wrong?"

Xiao Bai frowned, there is usually no major event, and these high-level officials of the Times Department will not disturb him for the weekend."

Someone reported us to the regulatory authorities, and I'll tell you the specifics face to face."

Shang Liancheng's tone was a little low, which showed that things must be very tricky.However, there are some things that are difficult to say on the phone, and he needs to report to Xiao Bai in person."

Where are you?"

Xiao Bai was not verbose, he understood that he should meet the other party as soon as possible."

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I've arrived in Xiangjiang, and I'm in Mr.

Cui's office at this time."

Shang Liancheng called and asked, knowing that Xiao Bai had arrived in Xiangjiang.So after he passed the test, he first got in touch with Cui Mingda, and at this time he was sitting in Yingsheng Investment."

Well, you'll go to the hilltop villa in an hour."

Xiao Bai had already eaten dinner on the boat, so after hanging up the plane, he went directly to the villa on the top of the mountain.Tian Chunxiu wanted his parents to take a good rest, and after saying hello, he also came here with Xiao Bai and Liu Xiaoling.An hour later, He Changfeng led Cui Mingda and Shang Liancheng into Xiao Bai's study

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