Chapter 201: Opening the Road to Listing
During this time, Ye Haolong nested in his own modern villa in Xintang Village, and was making in-depth plans for his second venture. Pen, fun, and www.biquge.info
One of my own ventures, with Shennong.com as the core, can be said to have achieved far more than expected results. Now just one Shennong.com has made Ye Haolong worth billions, plus the shares of Shengtang Technology and Tiangong Manufacturing, it is also two billions of great wealth.
So at least in Xianhu City, Ye Haolong is already a wealthy man.
But the problem is that Ye Haolong's wealth is only paper wealth, and it cannot be turned into real cash. The real situation is that due to borrowing 150 million from the bank to buy the dragon payment platform, Ye Haolong not only has no liquid cash, but also bears this large amount of debt.
The debt of 150 million is not a small amount, and the interest alone is astronomical. Although Shennong's performance is enough to support this huge debt, liquidity will become a big problem for a long time to come.
How to obtain a large amount of liquidity is a practical problem that Ye Haolong needs to solve urgently.
It is not only Ye Haolong who is facing this problem, but also Zhou Kexin.
Today, Tiangong Manufacturing Company has obtained the qualification to settle in the Xianhu High-tech Industrial Park, but to lease a modern factory building and expand the production line, the financial pressure is not ordinary.
So Zhou Kexin called Ye Haolong to discuss the issue of raising funds made by Tiangong.
In the tall office building of Xianhu High-tech Industrial Park, the office area of Tiangong Manufacturing has been well arranged. Less than 200 meters next to the office area, a huge factory building with an area of more than 6,000 square meters has been included in the bag of Tiangong Manufacturing.
Now, the four "Radiance 1" mobile phone production lines that were originally in Jinhe Industrial Park are being moved into the high-tech industrial park one after another, and the first of the six high-tech production lines customized by Shengtang Technology has also been delivered.
"Xiaolong, I called you here this time to discuss with you the current financial situation of Tiangong Manufacturing." Zhou Kexin handed a financial statement to Ye Haolong, "This high-end manufacturing transformation of Tiangong table manufacturing, the purchase of factories and production lines has cost nearly 80 million, and the stake in the dragon payment platform has spent 70 million, plus the cost of moving and adding a new production line, a rough estimate of the total cost has reached 300 million." ”
"It is indeed a huge expense, if it were not for the excellent performance of the Tiangong Experience Hall before, which laid a good foundation for the company, the transformation of the high-end manufacturing industry would not be so smooth." Ye Haolong flipped through the financial statements and said, "It's just that the transformation of Tiangong Manufacturing is still faster, and now from the analysis of the financial statements, there is indeed a problem in the capital chain, and it is not a matter to rely on bank loans all the time." ”
Zhou Kexin nodded: "Now the bank loans have accumulated more and more, and the four banks with which we do business have provided us with a total of more than 120 million loans, and then with the delivery of the new production line, I will also strive for new loans from them, and it is estimated that it is about 50 million, adding up to 170 million, which is really not a small amount." ”
"Sister Xiao Zhou, I didn't expect that Tiangong's debt is bigger than that of Shennong.com, since this is the case, you shouldn't have invested in Longgong in the first place." Ye Haolong said.
"With the strength of you and Qi Meiting, it is very difficult to buy all of Longpay, so I naturally have to help, not to mention that the average daily transaction volume of my Tiangong City platform is also about 50 million, and I also very much need to have a reliable payment platform." Zhou Kexin said.
This week, Kexin is in love, and he helped Ye Haolong to acquire Long Pay before, which is indeed a big effort, otherwise Ye Haolong may not be able to eat Long Pay completely, and I am afraid that it is a little dangerous to even achieve the goal of holding.
"The transformation of high-end manufacturing, the early investment is very high, and the current mobile phone industry is not a high-profit industry, even if you can control the cost to the extreme, the profit of each mobile phone is believed to not exceed 60 yuan, with the current sales volume, it will take a long time to return to the cost." Ye Haolong said.
Tiangong manufacturing is not as good as Shennong.com, as soon as the assembly line starts, the procurement of basic raw materials is to invest real money, and now with the improvement of production capacity, there are more and more skilled workers recruited, and the monthly salary of thousands of people is millions, which is a real expense that cannot be credited.
"What you said is also what I am worried about, so I am considering opening the road to the listing of Tiangong Manufacturing and going to the stock market to raise funds." Zhou Kexin said.
There is often a big difference between the two types of entrepreneurs in the market towards listing.
One is salted fish-type entrepreneurs, such as Yuan Dashan of Huahua Mall, the only purpose of this kind of entrepreneur is to go public, make money through the stock market, complete their dream of getting rich overnight, and then travel around the world with a lot of colorful banknotes.
Another type of entrepreneur is very cautious about going public, because once listed on the stock market, their control over the company will be affected, with the gradual dilution of equity, the company is very likely to lose control in the future, or fall into the hands of others, so they will not move the mind of listing until the key moment of urgent need for money.
Zhou Kexin obviously belongs to the second type of entrepreneurs, and now she thinks of going public because the company's financial situation is gradually deteriorating, and if it drags on like this, Tiangong Manufacturing will be mired in debt, which is very unfavorable to the company's growth.
And the most efficient way to quickly pull a company out of debt is to go public. Through listing and financing, the capital problem can be solved almost instantaneously, so that the company can get a huge cash flow, so as to maintain the overall healthy operation.
Ye Haolong listened to Zhou Kexin's opinion, and also nodded: "At present, it seems that there is only one way to go public." For example, the valuation of industrial manufacturing has become larger, and the success of Radiance 1 has injected strong growth expectations into the company, and I believe that through listing, it will be able to get a large enough amount of financing, and it is definitely not a problem to solve the current financial dilemma. It's just that Sister Zhou, you are a person who cares about the nature of the company's equity, the conditions given by Yulong Group were so generous, and only 10% of the equity was transferred, and now to release the equity in the stock market, the equity structure of Tiangong Manufacturing will undergo major changes. ”
Zhou Kexin sighed: "This is also a helpless thing, the factory is bigger, the responsibility is getting heavier and heavier, you can't always be willful, people still have to face the reality, so go public!" (To be continued.) )