Chapter 287: Seeking Common Ground While Reserving Differences

The main reason for the delay in the listing of Mingkang Communications on the Stock Exchange is not because of the company's poor performance, but because of the shareholding structure.

Mingkang Communications was first registered as a company in Silicon Valley, USA, and later established a subsidiary in China. Later, due to the participation of Hu Yang and Lu Yali, the nature of the company has changed, but Gao Mingkang has not changed the company.

Now it seems that Gao Mingkang has not given up on going public in the United States from the beginning.

"Sister Lu, the problem of Mingkang Communication is a bit complicated. After Mr. Gao comes back, the three of us will sit down and have a good discussion. Personally, I don't want to go public on the NASDAQ. In fact, according to the company's current situation, there is no problem with listing in China, but the premise is that the company will change. ”

Hu Yang's meaning is very clear, Gao Mingkang's part of the shares should be changed to his personal name, not the name of the shell company in Silicon Valley all the time.

"That's the truth, I mentioned it to Mr. Gao a few times, but he didn't think so. I am firmly on your side in this matter. ”

The company's major events, if Hu Yang and Lu Yali unify their understanding, it will basically be a foregone conclusion.

"Okay, you still have to talk to Mr. Gao when you go back, don't let people resist. ”

Hu Yang looked at the time, it was not early, and he ended the first day of inspection in Mingkang Communication.

In the next few days, according to the schedule, Hu Yang went to various companies and arranged a whole day of inspection.

Overall, the companies are doing well. Some minor problems were also pointed out in time.

For example, Huanyu Laser has the problem of high management costs, especially Cai Tianxing, who is not distressed at all about spending the company's money.

Of course, Populus Hu's opinion is binding on most of the shareholding enterprises. But this does not include Global Laser. As a major shareholder who has relinquished control, Hu Yang can only restrain Cai Tianxing at the board of directors and shareholders' meetings, and lacks effective checks and balances in his daily management work.

Actually, this is not a big deal for Populus euphratica.

Under effective financial supervision, Cai Tianxing at least did not dare to openly embezzle the assets of listed companies. And, most crucially, Populus euphratica is ready to withdraw funds at any time.

According to Cai Tianxing, he is also not prepared to pay cash dividends on the company's profits last year. It's still the old way, he proposed to give away shares, and it was still 10 for 6 shares.

Hu Yang did not object, he made up his mind that he would continue to reduce his holdings of Huanyu Laser after giving away shares this time and re-filling the rights.

Among these companies, one of the most interesting companies is Shengyi Electronics.

This company is still as stable as ever, stable operation, stable performance, and even the estimated distribution plan is still 10 distributions of 1 yuan.

Although Hu Yang doesn't like Chen Hao very much, he still admires his business methods and ideas.

After the inspection of Shengyi Electronics, he didn't say anything, he felt that even if he let him personally manage the company, it would not be better than Chen Hao.

After the inspection and inspection activities of all enterprises, Hu Yang authorized Ye Chong, who was far away in the magic capital, to go to Xintong International, and then submitted a very detailed inspection report to Hu Yang.

According to the report, Xintong International's profits have increased greatly, and it is expected to achieve a net profit of about 50 million yuan last year.

Don't underestimate this inconspicuous data, Xintong International originally planned to operate with a long-term low profit.

The more high-end the industrial chain, the more difficult it is to enter. In the face of financial pressure, the pressure of external competition, and the suppression of industry giants, it is really not easy for Xintong International to achieve this result.

Hu Yang estimates that by this year, Xintong International's profits will continue to grow substantially, and the total profit of more than 100 million yuan is predictable.

"Mr. Hu, Mr. Lu called just now and said that she and Mr. Gao would arrive at the company in an hour. ”

This morning, as soon as Hu Yang and Mu Shaoqing finished talking on the phone, Lin Yan walked in and reported.

Hu Yang has actually been waiting for the arrival of Gao Mingkang and Lu Yali, and the matter of Mingkang's communication really can't be delayed any longer.

"Mr. Gao, my opinion has two points, first, the company can no longer be a subsidiary of your company in Silicon Valley, the shares must be transferred to your personal name, and the company will start to change the industrial and commercial registration. Second, after the change, the company will first consider listing on the Mainland, followed by the Stock Exchange. ”

Hu Yang said his thoughts very simply.

Gao Mingkang pondered for a long time before he said: "Mr. Hu, I have no opinion on the company's changes. According to the current shareholding structure, it is indeed inappropriate to hang the name of a subsidiary. However, I don't quite understand why you are opposed to going public in the United States? Our goal in the future is to become a multinational company, and now we are thinking about attracting international capital, isn't it?"

Lu Yali shook her head and said: "Mr. Gao, it's not that we have successfully listed in the United States, we have become an international company, and this still depends on where the company's market is." I think some of Mr. Hu's worries are justified, anyway, it is financing in the capital market, which market is different?"

Gao Mingkang has always felt that the United States is the most technologically advanced country in the world, and the company should find a way to integrate into this country. How can you oppose going public in the United States?

"Mr. Hu, Mr. Lu, I still insist on my own point of view. Of course, if both major shareholders make a decision, I will obey your opinion. ”

Although he was a little reluctant, Gao Mingkang still expressed that he would not fight.

It's good not to confront, some things can be thought about slowly, and seeking common ground while reserving differences is also a business philosophy.

Hu Yang and Lu Yali glanced at each other, and both of them breathed a sigh of relief.

"Mr. Gao, this matter is so decided, about the change of the company, we must pay attention to it. Okay, it's almost time to eat, and I'll invite you two to eat Cantonese food at noon. ”

After talking about the company, the atmosphere in the conference room was much better. Gao Mingkang is not the kind of person who is very screwed, and he can distinguish between public and private affairs.

Some disagreements were resolved, and Mingkang Communications quickly completed the company change procedures.

The name of the company became "Mingkang Communication Technology Co., Ltd.", and the part of the equity held by the company in the past was also assigned to Gao Mingkang's personal name.

In fact, the sole proprietorship in Silicon Valley was originally a shell company, and if it weren't for Gao Mingkang's thoughts, it would have been cancelled a long time ago.

After the change, the shareholding structure of the company has not changed. Among them, Hu Yang's Huijia Holdings accounts for 46 shares in the company, Gao Mingkang is 25, and Lu Yali is 21.

Then, Mingkang Communications officially launched the plan to go public in China.

"Huhu, it's finally a big problem. ”

The longer it drags on, the more troublesome it becomes. Now that it is completely solved, the company will go further.

However, the beginning of the new year is not all good news.

The lawsuit between Xintong International and Taipower has gradually entered a critical period.

After the reopening of the trial, the judge ruled out several photos submitted by Hu Yang, believing that the source of the evidence was not legal. At the same time, it also excludes some of the evidence submitted by Taipower, and in general, Xintong International is at a disadvantage.

"Dr. Zhang, how is the company's next-generation process technology research and development? The current lawsuit is very unfavorable to us, so we must be prepared. ”

Hu Yang called Zhang Rulin and discussed the company's response plan.

"Mr. Hu, the current R&D work is going relatively smoothly, and it is estimated that it will be put into trial production next month. In terms of the new manufacturing process, we have completely abandoned the few suspected infringing technical points that Taipower has been holding on, and we will not give them any excuses. ”

What Zhang Rulin means is that as long as the company adopts the new manufacturing process, it can completely get rid of the problem of infringement allegations.

This has a bit of a stop-loss flavor in it, and it also shows that the company has not allowed a certain situation to deteriorate.

"Well, that's good. If we can adopt the new process as soon as possible, even if we lose the lawsuit, it will not affect the company's future production and operation activities. ”

If the company loses the lawsuit, there will be a clear difference in the liability of the judgment due to the different degrees of infringement.

As for Hu Yang, he would rather lose some compensation than Zhang Rulin to leave Xintong International.

"Mr. Hu, don't worry, I will speed up the research and development process. Then hang up first, if there is any news, you and I will contact you in time. ”

Zhang Rulin is also busy now, and he can't wait to use it for two days a day.

At present, the domestic semiconductor industry is struggling, not only facing technical problems, but also facing the blockade and suppression of others. There really isn't a good way to do it other than to work hard a hundred times.

For this matter, Hu Yang also went to Xiangjiang to talk to the lawyer group. He believes that if the other party's conditions are not very harsh, an out-of-court settlement is acceptable.

In addition, after the first-instance judgment, if it is unfavorable to the company, it is still necessary to go through the appeal procedure. Not for anything else, just to stall for time. From the perspective of this lawsuit itself, the longer it drags on, the more beneficial it will be for Xintong International.

Just when the lawsuit with Xintong International was in full swing, there was a sudden internal problem in Taipower.

Meng Rusong ended his vacation and returned to Treasure Island with his wife. At the beginning of the new year, it was the peak period of the company's personnel adjustments, and Meng Rusong felt good about himself, and the position of director of the biotechnology department, which had been vacant for several months, should also be handed.

If you talk about the contribution to the company, Meng Rusong is not to mention the director of the biotechnology department, but also the position of technical director. But at the top of the company, there are many people who don't like this "weird" who is not easy to control, and Meng Rusong's expectations are disappointed.

This time in Taipower's personnel adjustment, Meng Rusong was not only not promoted, but was marginalized. How can he, who is arrogant, accept this?

In a fit of rage, Meng Rusong quarreled with the president, and then resigned categorically and left Taipower.

By the time Hu Yang learned the news, Meng Rusong had already come to the Demon Capital alone.