After the success of the third IPO of Xinfei Electronic Technology Co., Ltd. on the Tokyo Stock Exchange, the most important benefit in the world is that it raised $2.5 billion, and even after deducting various issuance fees and costs, it still received $2.38 billion in capital.

This is converted into US dollars, and in fact, the financing in hand is all in yen, and the total financing amount is 595 billion yen, which is a very large amount of financing even in the 21st century.

If this transaction is in Hong Kong, with the current scale of Hong Kong's capital market, it is impossible to accommodate such a giant enterprise listing and financing. If it is listed in the United States, the scale of financing can be similar to that of a company listed on the Tokyo Stock Exchange. However, from a speculative point of view, it is too much of a loss to go public in the United States.

Listing on the Tokyo Stock Exchange will not only allow you to enjoy the great bull market in the stock market for the next four years, but also enjoy the double bonus of yen appreciation. With the current solid fundamentals of Xinfei Electronic Technology Company, it is not a dream for the market value to rise to $100 billion.

You must know that in the post-war stock market in Japan, the Nikkei index was only 85 points at its lowest point in 1950. In the years that followed, there were several rounds of big bull and bear market cycles, and by 82 years, the lowest point of Japan's last bear market was more than 6,000 points. In the following seven years, it rose to a maximum of 38,900 points.

Not only in terms of index gains, but also in terms of magnitude, it can be said to be the most bullish market in the world's mainstream capital market. And, more importantly, the exchange rate between the yen and the dollar has risen from 250 yen to 1 dollar to 100 dollars to 1 dollar.

The rise in the exchange rate and the rise in the stock market are superimposed, and the actual increase in the Japanese stock market in 82~87 years is 15 times based on the US dollar exchange rate. In this relatively long bull market, a large number of ordinary people did not pay attention to investment at all at first, and later, countless families began to invest in stocks and real estate. Moreover, since the end of the 80s, banks have been in business one after another, lending money to ordinary citizens to invest in stocks, which has further plunged the whole country into an unprecedented frenzy.

Subsequently, the Japanese Government wanted to take measures to prevent the collapse from affecting the stability and development of the entire country. Later, the Japanese stock market and property market collapsed, and the economy fell into a period of stagnation. The Japanese Government's method is to spend money to wipe the butts of large enterprises, and to raise those large enterprises that have fallen into bankruptcy because they have participated in speculation, and a large number of enterprises that have suffered from low returns and difficulties have not collapsed immediately although they have received government bailouts. But it only postponed its bankruptcy to bankruptcy in the next few decades, and the price was naturally a large amount of money and resources in Japan to save inefficient enterprises, and then there was a lost ten, twenty, Chinese New Year's Eve, and thirty years.

In later generations, the myth of Japanese product quality and craftsmanship went bankrupt, also because craftsmanship spirit and quality are things that can only be considered when the enterprise has good benefits. However, Japan's economy has been sluggish for decades, and many enterprises that used to be bullish and coaxed have suffered losses for several years or even more than 10 years. In this state, the energy is focused on turning around the loss, who has the heart to do a good job?

The craftsmanship of Japan and the quality of the products are mainly a matter of the 80s~90s. In the 80s, the competitiveness of Japanese companies was at its peak, and during this period, Japanese companies were dissatisfied with making low-end products, and for the sake of long-term interests, they naturally began to improve quality and build a good brand reputation. Although Japan in the 90s was going downhill, it had not lost the spirit of its peak. However, in the 21st century, Japan's long-term economic downturn and poor corporate efficiency have gradually eroded ideals and beliefs, and the quality and craftsmanship are naturally empty talk.

Listed in the 80s, taking advantage of the boom in the Japanese market, you can make huge profits. It is not only a vote for financing, but more importantly, the market value of Xinfei Electronic Technology Company in the Japanese market can be used as a reference for financing in other markets around the world. In this way, based on this, the global plan for money can be guaranteed.

In addition, the Japanese stock market fell into a long-term downturn in the 90s, and the shares of companies listed in Japan will inevitably become very cheap. At that time, it was possible to privatize and delist at a low price to further expand its interests.

In fact, this is also a step for American companies to harvest Japan, and many foreign companies that chose to issue shares on the third section of the Tokyo Stock Exchange in the 80s to support the prosperity of the Japanese economy and stock market have successively due to sluggish transactions and very low stock prices, even if they are privatized and delisted at a price higher than the market price, there is still huge room for arbitrage. Even if the majority shareholders of multinational corporations do not do so, they will redeem shares across markets under pressure from minority shareholders to enrich the interests of other shareholders.

For example, a company listed in the U.S. at a price of $20 per share is only $10 in the Japanese market due to the downturn. Since the majority of investors in the United States voted for the company to spend money to redeem Japanese shares, the company's board of directors had to pay attention. However, because the trading in the Japanese market is deserted, the number of small shareholders is also small, and they have no right to speak, so they can only allow shareholders from other countries to vote for cheap redemption of shares in the Japanese market, as long as the redemption price is not lower than the trading price in the Japanese market.

After raising 595 billion yen of capital, Xinfei Electronic Technology Co., Ltd. used most of the funds raised to invest in office buildings in Tokyo, Japan, and the other part was to invest in physical stores to expand the sales and service network in the Japanese market.

Of course, some funds have been invested in research and development, but this part of the investment is very small, but it is just to hire some Japanese locals to develop VCD and CD products that are more in line with the aesthetic taste of consumers in the Japanese market. To put it simply, it is mainly to design the shell. The core components are not accessible at all. And the production department is also located in China, not in Japan, after all, although Japan's management system is better than that of Western countries. But...... No matter how good the management system is, it is just to save some costs and expenses. However, the sharp rise in Japan's exchange rate and real estate has caused a sharp increase in labor costs, making it unprofitable to invest in factories in Japan.

To put it simply, the capital obtained from financing is used for research and development, which is pure nonsense. The DVD, the upgraded product of the future, has already been prototyped in the laboratory of the New Creative Electronics Group. When the time is right, the DVD patent will be licensed to Xinfei Electronic Technology, which is enough to complete the upgrading of its technology.

As for Xinfei Electronic Technology, most of the technical patent barriers are actually very fragile, and they are more through the authorization of Xinchuang Electronic Technology. Once the exclusive license of these patents is withdrawn, its patent advantages will quickly disappear.

It is precisely because the real core technology is mastered in the non-listed company system that Lin Qi can rest assured that Xinfei Electronic Technology Company will be spun off and listed.