Chapter 45 Queue up for listing

After Hu Yiming's introduction, Han Hao met He Yan, who worked in the State Finance and Economics Office, and he and Hu Yiming were former college classmates and were one of the well-known young and middle-aged economists in China.

Being able to work in the Central Financial and Economic Office, needless to say that he is a member of the national think tank, because of his special position and deliberately keeping a low profile, He Yan's reputation is not well-known to the outside world, but his talent has been unanimously recognized by insiders.

Originally, according to He Yan's creed, coupled with his location, he would not have private dealings with business giants like Han Hao, and it was easy to give people the truth.

But Hu Yiming still persuaded him, after all, Han Hao's trip was just more of an academic discussion.

"Han Hao's character, I can pack a ticket, he has no personal interests to find you on this trip, and he won't find a pen like you if he wants to hunt!

This time it's more for the long-term development of China's auto industry, and you don't need to use the power in your hands to do anything!"

To be honest, if it weren't for Hu Yiming's recommendation, Han Hao would never have noticed He Yan, because there was very little information about him.

However, since Hu Yiming personally invited the east, it means that He Yan must have a lot of hills and valleys in his chest.

Half a head of white hair was Han Hao's first impression when he saw the other party, he was about the same age as Hu Yiming, and his appearance was similar to the traces of time, but his hair was very different. It seems that as a central think tank and a technical bureaucrat, He Yan's work pressure is even greater.

However, He Yan's blazing eyes left a deep impression on Han Hao in the following time, he spoke short and capable, revealing a strong confidence all over his body.

After a brief greeting, Han Hao went straight to the topic and discussed with He Yan the three major issues of global economic overheating, whether assets are overvalued and economic crisis.

"In the past three years, the prices of basic commodities such as oil and food have skyrocketed by 2-4 times, which means that the excess dollars issued by the U.S. loose monetary policy have caused inflation around the world. It is clear that the global economy is overheating, and everyone is being dragged towards the bubble economy.

The depreciation of the US dollar is essentially the US using the US dollar's status as a global currency to transfer its excess debt to the world and rely on the global economy to resist the risk of its own economic crisis.

From the perspective of China's economic fundamentals, it is currently in a healthy and good state, but due to the continuous increase in commodity prices, it is now facing imported inflationary pressure.

Personally, I agree with the argument that commodity assets are overvalued, but it is uncertain whether this will lead to an economic crisis. All I can say is that the shadow of the economic crisis has been hovering over the sky, and it is up to God to arrange when it falls. ”

At this time, He Yan gave his own opinion as a scholar, and he explained it after listening to Han Hao's feedback and combining his own arguments.

"Economic crises cannot be predicted, nor can they be diverted by people's subjective will. A reasonable bubble can boost economic development before it explodes, but no one knows when it will burst and bring disaster. Economists are often like children who shout that the wolf is coming, and everyone doesn't care if the wolf is really coming when they shout too much.

Perhaps the economic crisis is the inevitable product of the irrational collection of human beings, as large as a country or as small as an individual, all of which can only evolve themselves in continuous reincarnation.

However, it is not a bad thing for a wise person to prepare winter clothes in advance for the arrival of winter. ”

China's economy is growing at a high rate and shows no signs of overheating, but it is threatened by external inflationary imports.

Liu Yan has been paying attention to possible economic crises, but he is better at studying how to deal with economic crises after they occur, after all, it is not a human specialty to predict what will happen tomorrow, and it is more common sense to discuss the facts that have already happened.

It was rare to have a face-to-face communication with a national think tank, and Han Hao lost no time in asking more questions.

"Can you briefly talk about your views on China's automotive industry?"

"There has been a lot of debate about the market for technology, and I think different people will have different opinions, so I won't talk about it. However, in my opinion, the development of your Zhonghua Group is a good thing for the entire Chinese auto industry, because it is up to you, the private enterprises, to force the reform of state-owned enterprises.

At present, there are many obstacles to the reform of state-owned enterprises, and there is no external force to push them forward, so they have no choice but to implement a mechanism of reversal to improve them. The automobile industry was originally a closed circle game of state-owned enterprises, first introduced foreign capital, and then put your private enterprises in, the effect is very obvious, stimulate the vitality of all automobile enterprises, and accelerate the transformation of state-owned enterprises.

Such successful cases provide a reference for other industries in our country, and building a market economy system with competition as the core is the goal of our government's continuous reform.

Overall, your Zhonghua Group has given me continuous surprises and has the strength to reshape the domestic auto industry map. ”

This answer reveals that Liu Yan, as a central think tank, gives priority to state-owned enterprises when considering problems, and his answer is more from the country's macroeconomic aspects.

After meeting with He Yan, Han Hao began to resolutely implement the business strategy of avoiding commodity risks, no longer hoarding too many materials, and strictly producing according to market demand. The inference that the economy is overheating and the high valuation of commodities is also influencing his next moves.

When the Chunghwa Group began to intervene in the XCMG takeover, Carlyle Capital effectively stepped aside, and even though they continued to reduce their shareholdings, they still could not obtain approval from China's Ministry of Commerce.

Because as a pure investment company, Carlyle will not be responsible for XCMG's long-term development plan, they will just package XCMG and buy low and sell high. Moreover, when the research agency appointed by the Ministry of Commerce reviewed it, the mechanical engineering industry was included in the field of national security after discussion.

"The investment of multinational companies in China is constantly evolving, and it has gone from cooperation, joint ventures to wholly-owned factories, and then to vigorously merge and acquire outstanding enterprises with great development potential in China. If the momentum is allowed to continue, the independent brand and innovation ability of China's national industry will gradually disappear, and it can only become a part of the low-end industrial chain of multinational companies in the future. Our country will always assume the role of a wage earner, and we will not be able to develop upwards and become an independent boss!"

Transnational capital is menacing, and many people in China hope that the country can raise the banner of protecting its own brands and prevent the seeds of China's excellent enterprises from falling into the hands of foreign capital.

Under the pressure of such public opinion, Carlyle Capital's merger and acquisition plan is unpopular, and withdrawal is inevitable.

In desperation, after friendly negotiations with the local government, Carlyle announced that it would withdraw from the XCMG acquisition and reaffirmed its confidence that it would continue to seek opportunities in China.

After Carlyle left, Zhonghua Group, which entered the world's top 500, became the preferred partner of XCMG and the local government. The title of the top 500 is very popular in local governments, and it can be used to make a heavy mark when writing political achievements.

In addition to the higher bid, what is more impressive is that Han Hao has depicted a beautiful blueprint for XCMG Group, in addition to the synergy between construction machinery and Yuchai engine, it will also cooperate with the China truck sector to build a special vehicle project for XCMG to achieve the coverage of all engineering equipment.

In the future, customers can come to XCMG to implement one-stop procurement, and they can find suitable products locally for any needs.

In addition, the goal of allowing XCMG Group to be listed on the H-share market in Hong Kong as a whole will be achieved within three years, and the most urgent financing channel problem of XCMG will be solved.

After several rounds of negotiations, Zhonghua Group's plan to acquire XCMG was greenlit from the local government to the central government, and the offer of 3 billion yuan to obtain 70% of the equity was officially approved by the state.

The scandal that lasted for more than half a year finally came to an end, Han Hao flew to the local area to attend the signing ceremony of asset delivery in person, and XCMG, the No. 1 domestic construction machinery enterprise, was officially incorporated into Zhonghua Group.

The first thing Han Hao did when he became the owner of XCMG was to hurry up and package the XCMG Group as a whole to be listed in Hong Kong, taking advantage of the current overvaluation of global asset prices, it is a good time to land on the stock market to raise funds.

Prior to XCMG, Yuchai had already completed the privatization and delisting operation from the U.S. stock market, and then it was queuing up on the Hong Kong Stock Exchange to wait for an IPO, and was the first to prepare to land on the Hong Kong stock market.

With the domestic state-owned enterprise giants landing in Hong Kong stocks, it has triggered the pursuit of mainland stocks by shareholders.

Seeing that Hong Kong stocks are soaring, the domestic stock market is also ready to move, starting the so-called slow bull journey, and A-shares have officially started the recovery mode.

The "Hunan Torch" stock suddenly announced the suspension of trading, and then announced that it would be renamed "China Truck", and the assets of Shaanxi Automobile and Hongyan under the Zhonghua Group and the original Chunlan Medium Truck acquired by the merger and acquisition were integrated into the listed company.

Almost at the same time, "Yaxing Bus" also announced the suspension of the license and changed its name to "China Bus", and the old brand of Yaxing will gradually die out in history and be replaced by China.

The name of the stock was changed, and as soon as the two major stocks resumed trading, they ushered in a price limit, indicating that the domestic stock market funds began to return on a large scale.

In an instant, Zhonghua Group has four directly affiliated listing platforms and has been built into the "China Department". If you add the two new armies of Yuchai and XCMG, Han Hao will have a dream lineup like the "Six-Vein Divine Sword".

But this is not enough, he is also operating the listing of his parts company "Shenzhou Seiko", preparing to create an invincible combination of "Hulu Seven Brothers".

Due to the large supply of Pangu engines and CVT transmissions, the internal settlement of "Shenzhou Seiko" has completed the goal of profitability for three consecutive years, but there is still a long queue ahead of it if it wants to be listed on the domestic A-share IPO.

Han Hao went to the province to ask if there was a special indicator to take a shortcut, so that "Shenzhou Seiko" could land on A-shares within a year without queuing.

According to his thoughts, Shenzhou Seiko is the son of Zhehai Province after all, and unlike Yuchai and XCMG, the two major incorporated enterprises, rooted in Zhehai has a strong influence in the local area, and the province will definitely take care of it as appropriate.

Originally, Han Hao was not in a hurry to let "Shenzhou Seiko" go public, but in the context of high macroeconomic valuation, this outlet is worth a ride.

If the province doesn't have a chance, then he is still ready to go to Hong Kong to go public, after all, he is already familiar with the way.

Unexpectedly, Han Hao's little abacus was cocooned this time, and he was caught by the province and tricked him.