Chapter 242: Listing is imminent

In the conference room of Yongxin company, all the management gathered together, which is the most complete in several months, because Yongxin's application has been approved by the Hong Kong Stock Exchange, that is to say, the listing transaction has opened the green light for Yongxin, Yongxin will hold a prospectus briefing in the next step, and then conduct a roadshow, and finally will be officially listed in early March.

Yongxin finally passed the almost rigorous review of the Hong Kong Stock Exchange and successfully landed on the Hong Kong Stock Exchange, while Hua Lian, the giant of the domestic retail industry, did not dare to apply for the Hong Kong Island IPO at all, because they knew that they could not pass this review at all, and could only be listed on the Pearl Exchange in China.

In other words, Yongxin's business level is above Hualian, which is not self-appointed, but confirmed by two different iPo this time, which is very clear to everyone in the industry.

The success of this landing on the Hong Kong Stock Exchange is a huge incentive for all the management staff, as they have just received a rights issue from Joshua Han.

Xiao Yan's shares have reached 3 percent, while Xu Yiming and Li Feng's allotment will reach 1 percent.

Don't underestimate this one percent, according to the scheduled issue price of 5.6 Hong Kong dollars, if there is no violent shock, then Yongxin will be a company with a market value of 2 billion yuan, barely a large enterprise.

Twenty-five percent of the outstanding shares are issued, leaving Han Zhifeng, Xue Na, and the management to occupy 70 percent of the shares, and when the two-year lockdown period expires, as long as the stock price does not fluctuate greatly, one percent of the shares will also have about 14 million shares.

Among the 70 percent of the shares held by the management, Han Zhifeng will have 83 percent, and it is estimated that he will have a net worth of 1.1 billion yuan, and Xue Na will have a net worth of 140 million, of course, this is only the market value of the stock, and the annual profit dividend has not been calculated, but this is terrifying enough.

The company's prosperity has made all management confident, and the atmosphere at the meeting was unprecedentedly enthusiastic.

"This is the situation now, judging from the few financial institutions on Hong Kong Island that we have simply contacted, our stocks are not only hotly sought after, but also very popular stocks, because they have a lot of information sources for these companies, and they know that our company has not carried out any public relations activities, all the information is basically true, and the company's profitability is good, so they will definitely make a move when the time comes, and we should rest assured that we will acquire financial fund companies."

Dai branded looked around the crowd and introduced the situation, he was the authority in this regard, he was in charge,

"I plan to apply for another 3 million funds to distribute advertisements on Hong Kong Island, Yangcheng and Pengcheng to expand the scale of the roadshow, after all, our company is a little less well-known on Hong Kong Island and Nanyue, and most of the retail investors there come from these three places,"

Dai Xuan looked at Han Zhifeng, only the boss made the decision, and even Xue Na was not qualified to decide, and now she was waiting without saying a word.

"Add it to five million, there is no upper limit, and a net worth of one billion yuan at the cost of millions and thousands of dollars, if I still can't see it, it is not mentally retarded and amblyopia,"

Han Zhifeng said magnificently, and the others laughed.

Xue Na gave him a blank look, this person was not the time to give her a credit back then, and now he opened his mouth in the millions.

Han Zhifeng looked at everyone,

"Okay, this is the end of the listing situation, and there seems to be no major problem now, so let's determine the problem of the direction of the 500 to 700 million yuan brought by the more than 20 percent of the outstanding shares, what do you say?"

Although the tradable shares are 30 percent, three of the tradable shares have been attributed to Xue Minglou's Beiyuan Company, which is the cost of the running department to pay money and assist in issuance, so the tradable shares that really recover funds are 27 percent.

And here may also be issued on Hong Kong Island one or two points of incentive marketing fees, so it is only more than 20 percent, and whether the stock price fluctuates greatly at the time of issuance, whether it falls below the issue price is not known, so the return of funds that Han Zhifeng said can only be about a number.

Everyone is quiet, this is related to the future direction of Yongxin company.

"I am considering the issue of further expansion in Northern Qi Province and Xiangnan Province, if these two provinces are further expanded, we will have five provinces, Yongxin Supermarket will further expand the scale, large and medium-sized stores will reach about 200, such economies of scale will be further revealed, the cost will be further diluted, and there will be an explanation to shareholders, I believe that our stocks can be further strengthened." ”

Xiao Yan spoke first.

"What about the expected investment of funds,"

Han Zhifeng asked.

'It is expected that there will be a 1.5 billion yuan investment, because several large retail groups in the south and east have already started to move inland, and Northern Qi Province is bearing the brunt,'

Xiao Yan explained, of course, it is a bit too much for one and a half provinces to use 1.5 billion yuan, but now it is different from the past, when Yongxin had almost no competitive pressure, and now it is completely different.

Just when everyone thought that this was a very common thing and that Han Dong would definitely pass, Han Zhifeng knocked on the table and was silent.

"Mr. Xue, what do you say?"

Han Zhifeng asked.

"Of course I'm in favor of entering Xiangnan, now the two supermarket companies in Nanyue Province and Mingzhu's Baihua are fighting in Beihui Province, and Xiangnan is on the edge of Beihui Province, we don't take it, next year will be a matter for other companies, but,"

Xue Na thought about it and gritted her teeth and said,

"The deputy mayor of the provincial capital of Shonan Province has a conflict with me, I have actually sent an advance team to the provincial capital to carry out preliminary research and register a branch, but because of this relationship, the industrial and commercial bureau did not allow the registration,"

Xue Na's words surprised everyone, one is that Vice President Xue is really a workaholic, and he has already extended his tentacles to Xiangnan Province, and then there is a conflict with the Standing Committee and Deputy Mayor of the provincial capital, so the situation in Xiangnan Province is very bad.

"Can you ask me why it can't be reversed?"

Xiao Yan frowned.

"Eh, blind date, I denied it,"

Xue Na said reluctantly, she really didn't want to say it, but she didn't want her private affairs to affect the overall situation of the company, if she didn't say it, the company was not clear, and if she continued to invest manpower and material resources, she might end up in waste.

The following people stared at each other, this thing is really strange, and there is such a situation, I have never heard of it.

Xiao Yan sighed,

"I'm afraid the capital of Shonan Province will be out of the way in this way,"

It is terrible to hate men and women because of love, and this can be remembered for a lifetime.

"Yes, there's no play, at least there hasn't been a play in the past three years,"

Xue Na also sighed, her ambition was to independently lay down the territory of the two provinces for Han Zhifeng to see, she won ten percent of the shares is not worth it, but the heavens do not fulfill people's wishes, Fang Xudong's careful eyes made her speechless, and also let her see this person clearly.

"So if we enter more than a dozen prefecture-level cities in Shonan Province, will this deputy mayor of the Standing Committee be able to stop or ... ”

Xu Yiming asked, he was also very concerned, after all, the two main forces of the development were him and Xue Na, and the two were tied together for the time being.

"He is a member of the Fang family in the capital,"

As soon as Xu Na said it, there was a sound of inhalation all around, and several people said that this is bad.

"However, he took office alone, he has some means in the provincial capital, out of the provincial capital, he can't do anything, he doesn't have the time or energy to expand the outside, and he has to return to the capital ministries and commissions after the gilding of the local office, so that he has both local governance experience and ministry work experience, and the future is bright,"

Xue Na scoffed.

"That's good, that's good,"

Xu Yiming wiped a handful of sweat, he couldn't figure out the relationship between them.

"In that way, 100 million, only these funds are expanded in southern Hunan and Northern Qi provinces,"

Han Zhifeng clapped.

"Is it so stingy, recovering so much money, if there are so few development projects, giving shareholders and the market the impression of inaction, it is estimated that it is possible for the stock to fall below the issue price in two years,"

Xue Na immediately retorted, her eyes looked at Han Zhifeng with some anger, could it be that this big boy also began to make plans to cash out and leave, and went to get an Internet company.

"Hats don't snap on so casually,"

Han Zhifeng said unhurriedly,

"Okay, I'll listen to your explanation,"

Xue Na said with a cold face.

In fact, Han Zhifeng really wants to directly say that the expansion of supermarkets in several provinces is really to the limit, and the next provinces will face a situation of scuffle for the market, and the profit is simply not worth mentioning.

Which of the giant companies in the future generation is a retail company, that is, the annual turnover is a lot, but a look at the profit makes people speechless, even the profit margin of five percent will be maintained, if he has a lot of money, of course, he will not continue to invest in the supermarket business, but the words can not be said yet, because now who can know that the profit margin will be poor to that extent in the future, and the current profit is ten percent, everyone thinks it is very good.

Besides, being the boss of a supermarket company said in front of all the management that the company has no future, is this to drive away those ambitious employees, talents are not so offended, so Han Zhifeng really can't say, then, fool.

"Now don't just think about the company's development, first think about the 200 million yuan loan in Beiyuan Company, there is still a year to be returned, do we need to pay in advance, well, this is very clear in the company's liabilities, shareholders are aware, we repay them will not have a big repercussions, after all, this almost eliminates the company's debts,"

As soon as Han Zhifeng said, everyone thought that it was really a problem, not to mention that the recovery of funds was five or six hundred million, if it was unlucky, it was only 500 million yuan, and the 100 million yuan in the two provinces was developed, and after deducting more than 200 million yuan in principal and interest, the generous expenses below were only more than 100 million and less than 200 million, no wonder Han Dong was so careful.

"There's no rush for this,"

Xue Na shook her head.

"I think it's better to pay it off first, after all, even if the interest is not high, it is 30 million interest, not a small amount,"

Xiao Yan said.

The others nodded as well.

"This is the Xue family's company, I said no, I don't need it,"

Xue Na said dissatisfied,

"Do you know how hard it took me to convince Xue Minglou to give us two years to use this fund to expand, and now that we have repaid the money, where can I borrow this money?"

Yes, this interest is only more than one cent, and it is definitely a conscientious corporate financing, and now there is no three-point interest, who is willing to take out corporate loans.

"Okay, then I'll settle down to continue using the funds for another year, but the interest still has to be paid,"

Han Zhifeng nodded, the corners of Xue Na's mouth curled, and she won the victory.

But I don't plan to continue to blindly expand the supermarket with this money, I mean, to allocate another 100 million plus the company's profits this year, to open up the county-level city market in five provinces, and it is time to completely solidify our foundation." ’

Han Zhifeng said.

Due to the bottleneck of funds at that time, Yongxin only occupied the market of provincial capitals and prefecture-level cities, and the districts and counties basically gave up, and now Han Zhifeng believes that it is time to enter this legacy market.

"This is okay, so that we can put our foundation firmly, that is, there are other companies into the province, almost can not shake our dominant position, and because we have a solid foundation in the provinces, we have large reserve warehouses, so the cost of our supermarket has been reduced a lot, the cost of small supermarkets in the following districts and counties can not be compared with ours, so the price can also occupy a dominant position, but, it is estimated that the new stores in the county will not be profitable for more than half a year to a year,"

Xiao Yan nodded.

Others agreed.

"Okay, then this matter is over, let's talk about the remaining 200 million or so funds, just now Mr. Xue said about the reserve warehouse, this is the problem of circulation and operating costs, now we are cooperating with some logistics companies to distribute our goods, if it is a bulk cargo, we have to hire a fleet, the result is that the profits are earned by them, but the service attitude is not very good, the loss rate and delay rate of the goods are very high, but they will not be responsible, and tell us that this is the rule,"

Han Zhifeng said, everyone nodded, this everyone is painful, there were customers who ordered bulk commodities, but were delayed by logistics, and finally the late customer refused to pick it up, or received it, because of the delay in deducting some payments, causing a lot of unnecessary losses to the supermarket.

"Han Dong, you are planning to improve the company's last shortcomings and establish your own supply chain,"

Xu Yiming's eyes lit up and said, he worked in the logistics department when he was in the American supermarket group, and witnessed that having his own logistics can make the company's sales flow very fast, reduce inventory and reduce financial pressure, and improve the company's profits.

"Yes, it's time for us to have our own logistics company,"

Han Zhifeng nodded approvingly.

"Han Dong, in fact, I don't have this idea,"

Li Feng said that his special project is logistics and distribution inventory, and he knows the benefits best, every time the distribution of a large number of goods is repeatedly negotiated, and there will be some mistakes in the end.

"But at that time, the company's capital chain was very tight, and this logistics company, how to say, is a half-black and white business, in order to compete for the territory market, often fierce conflicts, and even fights, how to say this line, not easy to enter, a very troublesome industry,"

Li Feng shook his head and said.

"This is no problem, to be honest, I have never seen anyone who can fight with the Shuzhou Mining Bureau,"

Han Zhifeng smiled, he knew the current situation of the logistics industry, fighting with each other for lines and profits, and even bloody conflicts, but he really didn't care, the use value of the children of the Shuzhou Mining Bureau was far from being fully utilized.

Everyone laughed, indeed, I forgot Han Dong's background, he was born in Shuzhou Mining Bureau, and he had also experienced a fight, who else could Han Dong be afraid of?

"As for the funds, don't we have them?"

Han Zhifeng said with a smile,

"More than 200 million funds are enough for us to expand from scratch, and we have the confidence, the most difficult thing for the newly established company is where the business comes from, for example, we bought hundreds of trucks, set up business departments in various transportation points in the five provinces, and established collection stations in counties and cities, but what about the business, who can give us business, those existing logistics companies do not want to hand over their market share,"

Han Zhifeng pointed downstairs,

'But our newly established company will undertake Yongxin's freight business, which will ensure that the company will not operate at a loss, and then on this basis you can continue to collect new business, so that all the expenses of our logistics company are guaranteed, maintain the company's stability and prospects, Yongxin logistics will also gain a firm foothold, there are two years, we will occupy the market of several provinces with our scale specifications, at that time, our supermarkets will also benefit, operating costs will be greatly reduced, operating time and loss rate will be greatly reduced,'

Li Feng gave a thumbs up,

"Convinced, Han Dong, you think more carefully than an old man like me, I am the first to agree,"

"I agree with that,"

Xu Yiming also said,

"And shareholders on Hong Kong Island and Nanyue will also agree, they are more professional than mainland investors, and they understand the importance of supermarkets to establish their own logistics systems, which will eventually be reflected in the company's profit increase, so I suggest that this part of the purpose of our use of funds should be included in the prospectus, which will play a good role in publicity,"

Li Feng and Xu Yiming said very clearly and clearly, and everyone agreed.

"Okay, since Vice President Li agrees, then you are the first general manager of Yongxin Logistics, you need to hand over the work of Beiqi Province as soon as possible, and at the same time hand over a construction plan of Yongxin Logistics within half a month, including capital requirements, personnel construction, key points layout, and the timetable for expected to undertake supermarket capacity,'

Han Zhifeng smiled and pointed at Li Feng.

'Thank you Han Dong for your trust,'

Li Feng was overjoyed, not to mention the trust and future of being in charge, but to say that he was familiar with this aspect and was willing to engage in this work, which was far happier than the supermarket operation.

"Then I assigned Teng Yuan and Lu Tao to you as deputy managers, you know what they are going to do,"

Han Zhifeng said.

"Understand, understand, Deputy Manager Lu is to coordinate the relationship between various places, and Deputy Manager Teng Yuan is specialized... ”

'Well, we just can't say what we did, after all, we can't get on the stage, hahaha,'

Han Zhifeng interrupted Li Feng, and several men laughed tacitly.

Xue Na rolled her eyes, and the man began to play tricks again.

"Han Dong, then I suggest that the vehicles are mainly Dongfeng 145 and 153, after all, the car is large and the goods are transported, and we do not have no worries about the business, so we will try to buy less 140,'

Li Feng asked.

"I said, you are the general manager, you have the final say in everything, I hand over the personnel, funds, and operation rights, and I will see the benefits of the company at that time."

Han Zhifeng said with a smile.

Han Zhifeng is very satisfied with this meeting, a certain wind logistics has been started for a few years, but other companies have not started, and the layout of the logistics industry is at the right time.