"The car business is too risky in the face of national policies, especially the 7-word catalogue is an iron threshold, and no new car company has been able to break through it in recent years. www.biquge.info We recommend that it is best to inject only the motorcycle business into the listed assets, so that it should be smooth to pass the court with the SFC. ”

During the listing review, the institution in charge of counseling made the above suggestions when taking stock of the assets of Huaxia Factory.

"Of course, if you force it in, you can also do it, but you will suffer huge losses in the stock price in the future, for example, the original 10 yuan stock price may only be sold at 6 yuan, and it will also affect the confidence of strategic investors. Unknown policy risks are the biggest landmine, and they are forbidden areas in the financial market that they would rather avoid than touch. ”

After some words, Han Hao understood the negative impact of putting the car business into a listed company. However, the listing of Huaxia Factory is not to raise more funds for the future development of the automobile industry.

"I can separate the car business, like the micro face, the micro car has a 6 prefix directory license, it is a completely legal business, they can be loaded into the listed company together with the motorcycle. ”

The motorcycle market is becoming increasingly competitive, if you only do motorcycles in the future, it is likely to enter the bicycle market dilemma, and seeking cars as a second way is the right strategic choice.

At the insistence of Han Hao, Huaxia Factory is ready to package the motorcycle business and the micro-face and micro-car business with the "Huaxia" brand, and the car business with the prefix 7 will be spun off and left. If the car business with the "Zhonghua" target becomes bigger in the future, then it is also a good shortcut to set up another Zhonghua Automobile Company to be listed independently. Because the research and development of "Zhonghua" cars requires a large amount of funds, Han Hao deliberately set aside nearly 500 million yuan in the car company as the original capital when the assets were divided before listing. In addition, he plans to introduce strategic investors to sell his shares in the upcoming listed company, and all the proceeds will be invested in the China Car project. In this way, it can cope with the large amount of money required for the development of cars.

Sure enough, securitization is a good opportunity for financing cash, and the equity in hand can be cashed out first when introducing strategic investors before listing, and after the listing is lifted, as a major shareholder, he can continue to cash out in the market, and Han Hao does not have to worry about the capital of Zhonghua car research and development for a while. As for Huaxia Motorcycle and Huaxia Automobile, of course, they are to use the funds raised at the time of listing to develop projects, and they can also obtain development funds through additional issuance in the stock market.

Han Hao found that as soon as he went public, the three cards in his hand were alive, and Huaxia Motorcycle, Huaxia Automobile and Zhonghua Car all ushered in a bright development prospect, so there was no need to worry about capital problems for the time being.

When Han Hao released a rumor that he wanted to transfer shares to attract strategic investors, the bosses of the All-China Federation of Industry and Commerce came to the door. The Federation of Industry and Commerce, also known as the China Private Chamber of Commerce, is an organization united by bigwigs in the private industrial and commercial circles. In the political arena, the Federation of Industry and Commerce represents the interests of the private enterprise community and often speaks out for the private economy. Han Hao officially joined it in 1996 and belongs to the rising star of the Federation of Industry and Commerce.

Huaxia factory has developed rapidly over the years, and is now about to be listed, in the eyes of these old-fashioned business tycoons, it is a rare high-quality investment enterprise. In addition to hoping to take over part of the personal equity transferred by Han Hao, they also brought another piece of news.

The difficulty of financing private enterprises has always been a headache for all private entrepreneurs, and bank loans have always preferred state-owned enterprises with state endorsement, and private enterprises will always encounter but do not treat them when they borrow from banks. Sending umbrellas on sunny days and collecting umbrellas on rainy days, even the bigwigs of private enterprises are complaining again and again, not to mention ordinary small business owners. Therefore, under the guidance of the Federation of Industry and Commerce, private entrepreneurs are ready to form a joint stock to form a bank that mainly serves private enterprises, and the name is Minsheng Bank.

As we all know, the Chinese government does not allow private banks to be set up, and this time Minsheng Bank is being set up in the name of the Federation of Industry and Commerce, but in fact it still has an official background. It's just that under the umbrella of the Federation of Industry and Commerce, there are many private economic bigwigs standing to support.

In February 1996, Minsheng Bank was formally established, with a total of 59 shareholders and a registered capital of 1.38 billion. Due to the fact that the shareholders are too dispersed and the management has not been able to form a joint force, there have been shareholders coming in and out in the past two years, and the mortgage transfer of equity is extremely complicated. In the advent of the Asian financial crisis, many shareholders were unable to repay their loan debts, and the non-performing loan ratio of the entire bank exceeded 10%, and the operation was in trouble all of a sudden. If you are not careful, you will fall into bankruptcy and bankruptcy.

As China's first private capital bank, in order to get rid of the current predicament, Minsheng Bank began to liquidate assets on a large scale, clean up unqualified shareholders, and introduce outstanding major shareholders as the first choice. In addition, Minsheng Bank is of course also seeking a path to capital listing, and in order to meet the listing criteria, it intends to introduce suitable strategic investment major shareholders.

As a major shareholder of the bank's strategic investment, in addition to being rich, it must also have a certain degree of economic influence, and it can be seen by the bigwigs of the Federation of Industry and Commerce. As a high-quality enterprise and recommended by the province, Han Hao will soon become a young leader in China's business community in the future. Therefore, this time the Federation of Industry and Commerce came to the door, mainly to attract Han Hao to join Minsheng Bank.

Should we take a stake in Minsheng Bank?

The other party gave a 4% share, which is expected to cost nearly 600 million yuan. However, this money can basically be said to turn around and go back, with a bit of a share exchange. The bigwigs of the Federation of Industry and Commerce bought Han Hao's personal equity, and then Han Hao used part of the funds obtained from the sale of equity to buy the equity of Minsheng Bank, and the funds were finally returned to Minsheng Bank. The difference is that the bigwigs obtained the original shares of Huaxia Factory before its listing, while Han Hao also obtained the original shares of Minsheng Bank.

As a result, Han Hao's Huaxia factory ushered in a large number of influential investors, and Minsheng Bank also welcomed excellent shareholders like Han Hao, paving the way for each other to go public. In addition, there is another benefit that cannot be ignored is that once listed, the original shares in everyone's hands will soar directly, especially the excellent performance of Huaxia Factory, which has a stable operating situation, is enough to support the lifting of the ban on the shares of major shareholders.

The capital operation is really too fast, Han Hao only needs to wait a few years to reap a large return on investment, no wonder Jin Yangyong is so obsessed with the capital market and relies on capital operation alone to obtain a large amount of money.

After discussion, after soliciting the opinions of some financial professionals, Han Hao agreed to invest in Minsheng Bank and obtained 4% of its equity with 620 million yuan. Under the influence of the Asian financial crisis, Han Hao basically obtained a valuable equity of Minsheng Bank at a price equivalent to the reserve price.

Under the premise that the market value of Qingqi Motorcycle is 6.7 billion and the market value of Jialing Motorcycle is 5.8 billion, the valuation of Huaxia Motorcycle by the investment bank is about 7 billion. In fact, it is still a little conservative, because the profitability of Huaxia Factory far exceeds that of the three giants of state-owned enterprises. In addition to the private enterprise bigwig investors of the Federation of Industry and Commerce, there are also state-owned central enterprises that have also subscribed to the equity in Han Hao's hands, such as Chinese Life and Bank of Communications. There are many people and units who want the equity of Huaxia Factory, and everyone knows that it is about to be listed, and the stock is very valuable. However, Han Hao has been carefully selected, in addition to the above-mentioned introduced investors, he also opened up equity purchases to long-term cooperative parts companies and internal employees of the company, and strived to tie everyone to the same boat. In addition, Huaxia has a mysterious shareholder, the State-owned Assets Management Bureau under the Haizhou municipal government, who will take a 5% stake in the land and some cash.

When reporting to the governor of the province Zhou Tiannan, Han Hao put forward the concept of mixed ownership shares, and after returning to the governor, the governor organized a demonstration and felt that it was a new road with a market economy with Chinese characteristics. Reform requires innovation, so the Haizhou Municipal Government was authorized to participate in the share reform of Huaxia Factory.

In this round of early transfer of 25% shares, Han Hao's personal wealth was recorded nearly 1 billion, in addition to using 620 million to purchase the equity of Minsheng Bank, the remaining money was all transferred to the account of China Car.

If the new generation of Huaxia Light is successfully listed, the company's valuation will continue to rise, and it is not a big problem to break through 8 billion.

Based on the public offering of 25% of the shares to the public at that time, Han Hao's net worth will instantly reach 4 billion, which means that he will become one of the top ten richest people in China and enter the ranks of the richest and top richest people in China.

"So much?"

Knowing that once the listing was successful, he had so much wealth, Han Hao was also a little dumbfounded.