Chapter 691: Prelude to Listing (1)

Since everyone wanted Yuenan Village to be listed, Jiang Lingyun supported everyone's opinions.

Jiang Lingyun didn't know much about the company's listing, and in the next few days, Jiang Lingyun looked through various secretaries and studied it himself, as the developer of Yuenan Village, Jiang Lingyun felt that he needed to figure out this knowledge.

Taking advantage of the offline time, Jiang Lingyun came directly to the only securities company in Kyushu City, Yinjiang Securities Company.

Then after consulting about how Yue Nan Village went public, Jiang Lingyun shook his head.

If it is said that Yuenan Village is listed, it does not seem to be very compliant. Because Jiangyun Investment Company was established in too short a time, so far, Jiangyun Investment Company has been established for less than two years, which will directly affect the listing of Yuenan Village and does not meet the criteria for listing.

However, after learning about the conditions met by the listed company, Jiang Lingyun's eyes suddenly lit up again.

There are not many conditions for listed companies to meet, the enterprise has been established for more than three years, has been profitable for three consecutive years, has a total share capital of more than 50 million, and has more than 1,000 people with a face value of more than 1,000 shares.

Jiang Lingyun looked back, although his Jiangyun investment was less than three years, but his own Lingquan Water Plant had already met the listing conditions?

It has been three years since the establishment of Lingquan Water Plant. Moreover, it has been profitable for three consecutive years, and the profit scale can reach the level of 100 million a year. Such a level of profitability and the size of the company can fully meet the conditions for listing.

Therefore, Jiang Lingyun felt that his Lingquan Water Plant met the conditions of a listed company, and he should let Lingquan Water be listed first, so that when his other industries have been completed for three years, he can merge and then list under the name of Yuenan Village.

Now that it has been decided to launch the Lingquan water, it is necessary to hurry up now.

The next work is to carry out the joint-stock transformation of the Lingquan Water Plant.

Now all the assets of the Lingquan Water Plant are owned by Jiang Lingyun. However, such a company is not allowed to be listed, and if it wants to be listed, it must be reformed by shares.

To carry out the share transformation, it is first necessary to divide and evaluate all the assets of the Lingquan Water Plant and calculate the total assets of the water plant. After the completion, the shares are generally divided according to the price of 1 yuan asset and one share. For example, the assets of Lingquan Water Plant mainly include 12 workshops, equipment in the workshop, more than 200 acres of land, staff dormitories, staff canteens and the balance on the company's books. All of these are taken together, and the total assets of the Lingquan Water Plant are about 150 million.

The total assets of this 500 million can then be divided into 150 million shares. These 150 million shares cannot all be placed in the hands of Jiang Lingyun's own people, and the conditions for listing on a listed company must be met. One of the conditions is to meet the conditions of thousands of people and thousands of shares.

That is, these shares are distributed before they go public.

As the owner of the assets, Jiang Lingyun has the right to give these shares to others free of charge. However, unless people who are too anxious to go public in order to meet this condition will be stupid enough to do so, in most cases, these shares need to be subscribed for. In other words, you give me Jiang Lingyun money, and I will give you shares in the company. Under normal circumstances, to meet the condition of thousands of people and thousands of shares, you must go to a venture capital company to achieve this condition.

Because once listed, the market value of the stock will increase several times or even dozens of times, so there are still people who are willing to subscribe for shares. However, this share subscription must also bear a certain risk, in case the company to be listed cannot be listed, then the venture capital company's investment is likely to be lost.

Of course, in order to reward those who have made outstanding contributions to the company, the actual controller of the assets will also give away shares as a means of reward.

And even if you pull venture capital and give away shares, you may not be able to get thousands of shares. Then there is another way, that is, the employees subscribe for shares, but the Lingquan Water Plant can be said to have no problems at all in this area, and these shares must be crazy to buy.

Then, after this condition is met, the company will be listed with a minimum of 25% of the total share capital for public offering.

However, the stock of this public bank is not based on one dollar per share, but on the basis of the average price-to-earnings ratio of the market at that time. Generally speaking, because the operating capacity of Lingquan Water Plant is very high, and the share capital is small, the price of listing may be very high, about more than ten yuan.

After the price is set, the company will contact the underwriters to underwrite the 25% of the company's shares. Then after all of them are sold, the company can go public in the true sense of the word.

There are pros and cons to going public, but Jiang Lingyun still plans to go public first for the sake of future influence. After all, the title of CEO of a listed company is much higher than that of a farmer entrepreneur.

After Jiang Lingyun came back from the Kyushu Securities Company, he mentioned to Jiang Haobo, Lu Qingchuan and others about the shareholding reform and listing of Lingquan Water that night.

After dinner, at half past eight in the evening, Jiang Lingyun sat on the sofa and drank tea, Jiang Lingyun sat next to Jiang Haobo, and Bai Jie was watching a TV series.

"Brother, today I went to the securities company, and I had a general understanding of the specific matters of the company's listing, and all the industries in Yuenan Village you said are named Yuenan Village for listing, which is not good at all, because our corresponding investment company Jiangyun Investment Company in Yuenan Village has been established for less than three years and does not have the conditions for listing, so now the industry in Yuenan Village, only Lingquan Water Plant meets the conditions for listing, so do we list Lingquan Water?"

"Listing, must be listed, if Yuenan Village as a whole can not be listed, then we will first list the Lingquan Water Plant, we not only want to go on, but also as soon as possible!"

Jiang Lingyun frowned, thought about it, nodded, and then said, "Brother, I'll listen to you." You must know more than I do. ”

Jiang Haobo said: "Everything is easy to do now, but the problem is that if Lingquanshui carries out shareholding reform in the next step, you must be the chairman, and then you have to hire a professional manager, and the academic qualifications of the executives must meet certain requirements, at least three executives with a master's degree or above." ”

After listening to Jiang Haobo's words, Jiang Lingyun hurriedly said: "Chairman, I think my brother is still you, I am very busy, I don't have time to manage at all, so you should be the one! But when it comes to academic qualifications, Lu Qingchuan is not a ready-made master's degree, and his cousin Jiang Shanshan is also a master's degree, and we have many masters in Lingquan Water Plant, I can't remember the specific name." ”

"Yes, my cousin is not a master's degree, and she is related to us, how did I forget this. As for what you said about letting me be the chairman, forget it! You forgot about the tourist resort, I still have something to do, besides, the chairman's business is very small, so this matter has been decided, you should be the chairman! But there must be a professional manager. Look at it, in our current company, do you say that you are a suitable candidate?" Jiang Haobo asked.