Chapter 402 Additional Issuance, or Issuance of H Shares?

"Chen Shao, then I'll leave this matter to you, Mr. Xia will be in charge of this matter on my side, and I won't go to the charity dinner. ”

Hu Yang plans to hand over the matter of contacting the company to donate to Xia Bing, anyway, the charity dinner is also held in Xiangjiang, and she is the most suitable.

"No, Brother Hu, if you don't attend the charity dinner, where are you going?"

Chen Jialin knows Populus euphratica best, and he is afraid that he will have to go to other places again.

"Chen Shao, I'm going to the imperial capital in the next two days. Dongfang Technology is preparing for a new round of additional issuance, and there are some things I need to talk to them face-to-face. ”

The amount of financing from Dongfang Technology is huge, and Hu Yang intends to deal with this matter personally. When the affairs of the imperial capital are over, he still needs to go to the magic capital, Xintong International and Charm Semiconductor, and he will definitely not be able to let go completely.

"Alright, you can go. I met Mr. Chang of Ark Computer that day, and he also said that he was going to go to Oriental Technology recently, saying that he was going to negotiate with the other party about purchasing display screens, or you could make an appointment with him to go together. ”

Chen Jialin didn't say much, a charity dinner is a trivial matter, and it doesn't matter if Populus euphratica doesn't participate.

"Okay, I'll contact Mr. Chang when the time comes. Chen Shao, please leave the matter of the charity dinner to you, bye!"

Hu Yang immediately hung up the phone, and then asked Yan Hanzhang to come up.

"Mr. Hu, what are your instructions?"

Yan Hanzhang would come to Hu Yang's office every three or five days, and he entered the room very casually, sitting directly opposite Hu Yang, and the two were separated by a desk.

"Mr. Yan, has there been any big movement on the Ark computer recently?"

"Ark Computer has recently increased its advertising efforts, and Charm Electronics has also opened sales channels to the other party, and during this period of time, the sales of Ark Computer's complete machines and notebook computers have grown rapidly. ”

"I mean, it's a huge increase in sales. I just heard Mr. Chen of Naughty Stone Technology say that Mr. Chang recently went to the imperial capital to discuss the purchase of display screens with Oriental Technology, and I guessed that there was something wrong here. By the way, Mr. Yan, hasn't the notebook of the Ark computer always used Samsung's display?"

The Ark computer did not intervene in the notebook for a long time, and in order to be a hit, Chang Sheng gritted his teeth and used Samsung's display device. Samsung's display devices are of good quality, but the price is more expensive than others.

Anyway, Ark Computer takes the low-end route, pursues high cost performance, and Chang always wants to reduce costs. ”

Yan Hanzhang would go to the Ark Computer from time to time to take a look, and he was also the director of the Ark Computer.

"yes, I see. I'm going to the imperial capital in the next two days, and you can call Mr. Chang and tell him when you go back. ”

Dongfang Technology is a company in which it has a stake, and Ark Computer is also a company in which it has a stake. Hu Yang felt that he would come forward to invite Mr. Liu to sit down and talk to Chang Sheng, and the effect would be better.

Of course, if Chang Sheng felt that it was unnecessary, Hu Yang would not do much about it, so he asked Yan Hanzhang to talk to Chang Sheng.

"That's right, Mr. Hu's Huijia Holdings is the major shareholder of Dongfang Technology. With you, the negotiation between Mr. Chang and the other party will be much smoother. I'll call Mr. Chang now and ask him when he plans to go to the imperial capital. ”

After Yan Hanzhang finished speaking, he got up and left Hu Yang's office and went out to call Chang Sheng.

After a short time, he walked in with a smile and said: "I just talked to Mr. Chang on the phone, and he was happy when he heard it, saying Mr. Hu, when do you plan to leave, please inform him in advance, he insists on walking with you." ”

Hu Yang nodded in agreement, Lin Yan quickly applied for the route, and then notified Chang Sheng.

Two days later, in the early morning, the Gulfstream business jet took off from the deep-sea airport and headed straight for the capital. During the trip, Chang Sheng was very interested in Hu Yang's business jet, and pulled a crew member to ask for a long time.

Hu Yang smiled, didn't bother to take care of him, closed his eyes and began to nap. The crew members hurriedly brought over a blanket and helped him cover it.

Arriving at the airport, as soon as Hu Yang walked out of the terminal, he saw Mu Shaoqing and Mr. Liu, the head of Oriental Technology.

Hu Yang hurriedly stepped forward and said, "Mr. Liu is here too? Mr. Mu, let me introduce you to ......"

Subsequently, Hu Yang introduced Chang Sheng to Mr. Liu and Mu Shaoqing.

Chang Sheng had never dealt with Dongfang Technology before, and if he came by himself, it is estimated that he would only be able to see the person in charge of the company's sales department.

"Mr. Hu, I heard that you came to the imperial capital in person, and I was very happy. Really, I'm not looking forward to you for the matter of additional issuance, I hope to listen to Mr. Hu's advice, you are an expert in investment and financing, and you should be able to help me solve this dilemma of funds. ”

Hu Yang and others got into the car, Mu Shaoqing accompanied Chang Sheng, and Mr. Liu accompanied Hu Yang, and the group went straight to the headquarters of Oriental Technology.

On the way, Mr. Liu said very sincerely. Dongfang Technology is like a huge "gold-swallowing beast", and he is often trapped in financial problems now

"What good way can this be? In addition to issuing additional bonds, you can also issue corporate bonds, or go to the bank for loans. In short, to do this business is to burn money. ”

Hu Yang is also lamenting that the technological progress of display devices is very fast, especially giants such as Samsung and LG, and the speed of product upgrading is extremely fast, which itself sets up obstacles for latecomers.

Mr. Liu thinks about it, it's really like this. It is impossible for the company to continue to raise funds in the A-share market, and if it has been doing so, not to mention the sentiment of ordinary shareholders, the regulatory authorities cannot agree.

When they arrived near the company, Mr. Liu first invited everyone to the restaurant for a meal, and then sent Hu Yang to the hotel.

Chang Sheng and the others went back to their rooms to rest, and Mr. Liu and Mu Shaoqing came to Hu Yang's room.

It's still the old rule, Hu Yang goes out to stay in a hotel, and he lives in a business suite. For example, now, if two guests come, they can sit down in a small reception room.

"Mr. Liu, has this round of additional issuance plan come out?"

As soon as Hu Yang sat down, he asked straight to the point.

"There is an additional issuance plan, but the regulatory authorities have not approved it so far. Hey, I also know that the frequency of corporate financing is a bit high, but if you don't finance the company, you can't survive, and I'm embarrassed......"

Before coming, Hu Yang knew that the additional issuance plan had not yet been approved. Now it's just confirmed by Mr. Liu.

"Mr. Liu, I just want to talk to you this time, if you can't withdraw the application for additional issuance, the issuance of convertible bonds is also a good choice. Of course, we can also bet bigger and go to Xiangjiang to issue H shares. ”

In fact, this is the purpose of Hu Yang's visit to the imperial capital this time, he just wants to have a good talk with Mr. Liu, Dongfang Technology can take the road of A+H shares, and then broaden a financing channel.

Dongfang Technology was originally a state-owned enterprise, and later after the restructuring, it introduced the investment of employees and private enterprises, but its state-owned background is difficult to change.

When Mr. Liu heard this, he glanced at Mu Shaoqing, and then said with a smile: "Two days ago, someone also suggested to me to go to Xiangjiang to issue H shares, but I was a little hesitant. Hearing Mr. Hu say this again today, I suddenly felt confident in my heart. ”

Mu Shaoqing also laughed, "Mr. Hu, guess who suggested that we go to Xiangjiang to issue H shares? This person is your old friend, he is Academician Lu." ”

Hu Yang suddenly realized, it turned out that Academician Lu Yiming had also mentioned this.

"Of course, let's not talk about whether the application can be passed to issue H shares in Xiangjiang, the estimate of H shares is generally lower than that of A shares, and the issue price may be relatively low. ”

Subsequently, everyone chatted for a while, and Mr. Liu and Mu Shaoqing said goodbye and left.

Listing and issuing H shares on the Stock Exchange is a very complex issue, and it will not be clear for a while. In addition, Hu Yang only arrived in the imperial capital today, and the two of them did not affect Hu Yang's rest.

In the afternoon, Hu Yang took Lin Yan and others to the Forbidden City, and ate some flavorful snacks outside in the evening before returning to the hotel.

"Mr. Hu, the day after tomorrow, I will accompany you to the Great Wall. Come here this time, don't be in a hurry, go and see all the places you should go, after all, there are still many places worth seeing in the imperial capital. ”

Mu Shaoqing looked for Hu Yang after dinner, and the two sat and chatted in the hotel's café.

"Well, I'll stay a few more days. Mr. Mu, I have a question, since someone has already suggested to Mr. Liu to issue H shares, why do I think Mr. Liu is not enthusiastic?"

Hu Yang's fingers tapped lightly on the table, and he asked with some confusion.

"Hey, how to say it, Mr. Liu probably thinks it's better to increase the issuance quickly. Unexpectedly, this time it was delayed in obtaining approval, and the company suddenly fell into a dilemma.

If we withdraw our application now, all our efforts will be in vain. If we don't withdraw it, the situation will be even worse if the regulators reject our application. ”

The production and operation of Dongfang Technology are not bad, but the investment in new production lines and R&D is too large, and the cost remains high, so that the company has been on the verge of loss, and the capital is very tight.

In this case, it is not easy for enterprises to continue financing in the securities market, especially since the time between two financings is still so short.

"Well, let's talk about this later. I looked back and saw if there was a better way. ”

Even if Dongfang Technology decides to apply for the issuance of H shares now, from the preparation of materials to the submission of the application to the approval of the Stock Exchange...... After this series of operations, it may be difficult to complete it in a few months to half a year.

"Mr. Hu, Mr. Chang went to the company in the afternoon, and I took him to talk to the sales department. ”

Chang Sheng didn't go to the Forbidden City with Hu Yang and them in the afternoon, he went to Oriental Science and Technology by himself.

Mu Shaoqing said that Chang Sheng was quite satisfied with the display devices of Dongfang Technology, and the company also gave him the biggest discount.

It is estimated that Changsheng will place an order for Dongfang Technology in the next two days.

After Mu Shaoqing left, Hu Yang made a phone call to Yu Hongbo and asked him to learn more about the application and issuance procedures for H shares, which could provide a reference for Dongfang Technology.

"Okay, Mr. Hu, I can send you the information tomorrow afternoon. For Yu Hongbo, this is a very small matter, and he promised to finish it tomorrow. "However, the issuance of H shares is not too easy, and to some extent it may be more difficult than listing on the entire Abort Stock Exchange. ”