"Is it not a private placement?" Yun Ling muttered, picked up a signature pen from the pen holder on the desktop, and began to draw a piece of paper casually and muttered while writing.

"If it is a private placement, it is easier to do, after all, the private placement of chips requires your Huatian listed company to communicate with the CSRC over there, even if it is verbally agreed, the board of directors has to announce the plan for additional issuance, and then propose to convene a general meeting of shareholders, how can you do nothing at this step. It only takes a few waves at the shareholders' meeting to make a problem. Even if this step is not successful, the materials to be declared to the CSRC can be found in some way. ”

After saying this, Yun Ling, after a slight pause in the tip of the pen in his hand, looked up at General Manager Ren and said: "It will be easy to handle when the CSRC audits." The specific content of the subsequent board of directors and the approval of the private placement does not even need to be considered. I am confident that they will not be able to do the plan and the change of shares. Huatian Real Estate's fixed increase will have to die. Look at it...... In the case of non-private placement......"

Yun Ling didn't continue to say the rest of the words, but Manager Ren and Li Yan in the room vaguely seemed to understand.

After all, there is an essential difference between non-private placement and private placement.

For example, non-private placement only requires continuous profit in the last three fiscal years, and the listed company must ensure that the average net asset income in the last three years is not less than 6%, and the issue price is not lower than the company's value in the 20 trading days before the announcement of the prospectus or the average price of the previous trading day.

After Yun Ling slid a forty percent figure on the paper, he saw that General Manager Ren was looking at him with his head lowered and looking at him modestly.

"Although the review of non-private placement is stricter, it needs to comply with the national industrial policy. But you know better than me about the overall situation in the capital, sometimes if you have a task at the top of the peak, you have to complete it even if it is hard, or this is called absolute loyalty. Not to mention the expedited processing proposed by Shangfeng by name, and those related households who handled it quickly. Manager Ren complained bluntly, and Yun Ling said at this time: "It seems that we can only go from the second way behind Huatian Real Estate." ”

"What?"

"What?"

General Manager Ren subconsciously asked.

At the same time, Li Yan subconsciously asked Yun Ling on the side.

Yun Ling turned his head to look at Li Yan and just smiled slightly, but he didn't answer anything at Li Yan. Instead, he explained to General Manager Ren: "There is a requirement for non-private placement, that is, the company's bonds require that the balance of accumulated bonds does not exceed 40% of the company's net assets, which needs to be in line with the country's industrial policy." ”

"Hey......" General Manager Ren sighed heavily, and said with a smile on Yun Ling's face: "I have already achieved 20% of the accumulated balance group on the bond side at the beginning of the year. It never exceeded 25 percent since!"

Li Yan pursed his lips, thinking to himself: Doesn't the cumulative balance of corporate bonds refer to the balance of bonds that have been issued but have not yet been paid off?

If Li Yan had only learned it earlier in the securities industry examination and returned the knowledge to the Securities Industry Association after work, then the later work experience forced Li Yan to pick up this knowledge point again.

The premium company that Li Yan approached before issued three bonds, the first time it issued bonds of 300 million yuan, the second time it issued bonds of 500 million yuan, and the last time it issued 600 million yuan of corporate bonds. The first bond they repaid normally. The second and third non-repayment, the sum of the accumulated bond balance of the second and third issuance. The 1.1 billion bonds don't seem like much to a public company. But it happened to exceed the cumulative bond issuance balance of their small and medium-sized enterprise listed company. Li Yan didn't do much practical help in this matter, and played the role of a bystander in time. But it was precisely this incident that made Li Yan consciously rise another "posture"!

Now Yun Ling is talking about this, and General Manager Ren's response makes the two of them feel speechless when they look at each other.

Just when the two of them were silent at the same time, Li Yan stubbornly muttered, "It's not that there is no way, right?"

General Manager Ren subconsciously quickly turned his head to look at Li Yan, and asked Li Yan as if he was a little sick and rushed to the doctor, "Little brother, do you have any good ideas?"

Li Yan, who wanted to continue to say what he was thinking, suddenly glanced at Yun Ling as if he had thought of something.

In Yun Ling's office, General Manager Ren came to Yun Ling to ask for a plan, but what was the matter if he ran out and inserted a lever by himself? And if he gave Mr. Ren an idea, what would Yun Ling think at this moment?

Thinking of this, Li Yan didn't dare to tell General Manager Ren what he thought in his heart.

Yun Ling slowly stood up, smiled faintly at Li Yan and said, "If you have any good ideas, you can say it!"

After Li Yan understood the honest look in Yun Ling's eyes, he hesitated to say what he thought in his heart.

After a long time, after Li Yan said what he thought in his heart, the expression on General Manager Ren's face did not appear unnatural, but more of a sudden expression.

General Manager Ren, who was a little emotionally mobile, seemed to have given up. If Yunling of the trading bureau can't control the non-private placement of Huatian Real Estate, then it may really be fate. At this time, Li Yan rushed up to "draw" a clever plan for himself, and after General Manager Ren listened to Li Yan's plan, how could he not be excited?

"Yun Ling, I think your little brother is not bad! Do you think there is any problem here, or any loopholes? I believe you will definitely plan this very well, right?" General Manager Ren's original sad look on his face at this time was gone, replaced by a kind of excitement from the bottom of his heart!

Yun Ling curled the corners of his mouth, glanced at Li Yan and suddenly said, "I see that there is a good saying, it is really a master among the people!"

Hearing Yun Ling praise himself, Li Yan lowered his head and said timidly: "Where am I a master! Isn't it Yun Ling that you teach well?"

"I—when did I teach you this routine?" Yun Ling's expression showed a strange look that was both angry and funny, as if he had a kind of disapproval of what Li Yan had just said.

"Not really, but you can't say that. In fact, with Yun Ling, I have learned a lot of things. I really didn't learn this from you today, but what I learned from you has greatly broadened my thinking. ”

Manager Ren probed his brain and asked the two of them: "Can you do it?"