According to Zhou Jingming, Tianming Group will have two listed parts, one is an auto finance company, and the other is a joint stock limited company composed of a car company, a luxury car company, an off-road vehicle company, an automotive electronics company and a powertrain company.

In this way, all the main businesses of Tianming Group will be listed together, and the remaining auto finance will be listed separately as spin-off assets, realizing the reorganization and optimization of the group's existing business.

"I think it's good to concentrate on the advantages and maximize the interests of the group. Ma Xudong thought about it seriously, and then nodded and replied.

"If the sales company and the auto finance company are spun off, what will happen to the holding side, like Mercedes-Benz, to set up a parent company?" Zhao Ke asked.

"Yes, through the parent company, the controlling stake of the two listed companies is realized. Ma Xudong nodded with a smile.

It is not uncommon for a parent company to control a listed company, and Daimler AG has four main subsidiaries, including Mercedes-Benz and Mercedes-Benz Commercial Vehicles.

"In that case, do you all think this method is feasible?" Zhou Jingming then asked.

"The specific listing plan, now can not be presumptuously determined, after I have analyzed the group's financial statements, and communicate with the relevant investment banks, and then report to the chairman, I will write a detailed plan materials. Ma Xudong hurriedly replied.

The listing of the group involves all aspects, and Ma Xudong needs to be fully prepared to be able to answer these questions of Zhou Jingming.

"Okay, then the listing will be hard for you. Zhou Jingming nodded.

"That's what I'm supposed to do. However, chairman, there is another point I would like to ask, this time our group is listed, where are you going to IPO? China, Hong Kong Stock Exchange or New York Stock Exchange?" Ma Xudong continued to ask.

Listed in different places, the requirements for listed companies are also different, and Ma Xudong needs to prepare corresponding materials according to the requirements.

"It's tentatively the New York Stock Exchange in the United States, what do you think, old Ma?" Zhou Jingming replied.

"The process of listing on the New York Stock Exchange is much simpler than in China, and in comparison, the securities market in the United States is far more developed than in China, and listing on the New York Stock Exchange is our first choice. Ma Xudong pondered.

The domestic A-share market has fallen and risen too frequently, and the review process is also very complicated, and the New York Stock Exchange and the Hong Kong Stock Exchange are indeed better choices.

"In this case, then Lao Ma, you should prepare in accordance with the requirements of listing on the New York Stock Exchange, first do a good job in the preliminary research work, and the specific listing time will be announced at the group meeting at that time. Zhou Jingming said.

"Okay chairman, during this time, I will analyze the financial statements of all the companies in the group as soon as possible, and then report the results to you when the analysis comes. Ma Xudong nodded hurriedly.

After determining the listing of the group, Ma Xudong and Zhao Ke walked out of Zhou Jingming's office.

It only took this month, Ma Xudong handed over the analysis report of the group's listing to Zhou Jingming, according to Ma Xudong's analysis, the assets of all six subsidiaries of Tianming Group are currently in good condition, each company is profitable, and the future business prospects are also very optimistic.

In other words, it is completely feasible for Tianming Group to carry out listing operations. In this report, Ma Xudong also deliberately compared the advantages and disadvantages of the spin-off listing and the overall listing, and supported the spin-off listing with specific data.

In this way, the listing of Tianming Group is basically decided, and then it only needs to wait for the correct time period.

***

Time flies, and it's October as the season of the Formula 1 Championship comes to an end, with Schumacher finishing second at the recently concluded Island Grand Prix by 0.3 seconds to McLaren's Hakkinen.

Previously, Schumacher had won nine consecutive championships at the beginning of the season, and just when Schumacher was preparing to hit the tenth consecutive championship, at the tenth Austrian Grand Prix, Schumacher only finished 15th because of an accident, and was ended by Hakkinen for ten consecutive championships.

After the Austrian Grand Prix, Schumacher also made a series of operational mistakes, and Hakkinen, who was behind him, also took the opportunity to catch up with the points and gradually narrowed the gap with Schumacher, which made the champion, who had no suspense, become confusing again.

The final race in September took place in Indianapolis, USA, and although the gap between Hakkinen and Schumacher was getting smaller and smaller, a win for Schumacher would seal the Drivers' Championship three rounds ahead of schedule.

However, fate always likes to joke with people, Schumacher made another mistake at the US Grand Prix, and in the end only got 2 points, while Hakkinen didn't win the championship but still finished 3rd with 4 points.

In this way, Schumacher's lead has shrunk once again. If Hakkinen wins all three of the remaining races, the title will go to Hakkinen.

Schumacher's decline in form has also attracted widespread attention from the media, but considering that his lead is still there, coupled with Schumacher's brave performance at the beginning of the season, the media did not criticize him this time, for fear that Schumacher would stage a big reversal again and slap them in the face.

"The F1 Drivers' Championship is back in the picture, and Hakkinen could replace Schumacher as the winner...... These reporters really dare to write anything, don't they just lose one game, and dare to say that the champion will be Hakkinen? There are still two games left!"

In Zhou Jingming's office, He Yingxun put the newspaper in his hand on the sofa and said angrily.

The performance of the Tianming team was not good, and He Yingxun and others were also very anxious.

"Isn't the media all like this, when you win, they blow you to the sky, and when you lose, they want to trample you to hell, just get used to it. What's more, Schumacher has lost more than once. Zhou Jingming on the side said with a smile.

"As long as Schumacher can win the next Malaysian Grand Prix, then he can still win the championship one round earlier, there is nothing to rush. Xu Weidong said while looking at the standings published in the newspaper.

In the current drivers' standings, Schumacher is still leading with 119 points, and Hakkinen is behind him with 115 points, so the next two races are particularly crucial, and if Schumacher can win the Malaysian race, then the championship will be Schumacher's.

If Hakkinen wins 10 points in Malaysia, then the final Chinese Grand Prix will be a battle for the championship, and any driver who wins the Chinese Grand Prix will win the final Drivers' Championship of the year.

Therefore, whether it is for Schumacher or Hakkinen, the last two games are particularly crucial.

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