Huang Gang just muttered, and he still agreed with Hanhua's layout in his heart - Hanhua spun off several mature companies and went public, and used them to cultivate new companies after obtaining funds. Since the new company belongs to the group, and the entire group is not listed, it avoids the interference of the new business from the capital market. In addition, new businesses tend to be relatively small, grow faster, and have a higher rate of return on capital, so it is a pity that such a business is taken on the market, which is equivalent to taking out a hen that can lay golden eggs in the future and selling it.

As for listing qualifications, it's not really a problem. Hanhua is already a super-scale enterprise, even if it takes out 5 branches to go public, each of them is larger than most listed companies, not to mention the performance.

Taking Hanhua Chemical Equipment Company as an example, it is now a well-deserved leader of the China Chemical Equipment Alliance, and several sets of 800,000 tons and 1.1 million ethylene projects built by the state are all made by Hanhua Chemical Equipment Company as the general contractor, and then split into other petrochemical equipment manufacturing enterprises. Previously, these companies in the subcontracting position have been listed, and the general contractor wants to go public, is it a big deal?

Among these five companies, the latest to join the Hanhua Group is Hunbei Forging Machine Tool Factory, but since it entered the US market with a fully automatic car stamping production line, its development momentum has been unstoppable. In recent years, it has developed a series of new products such as railway heavy rail forging machine tools and thin plate cold rolling production lines, and has become the vanguard in the field of domestic forging equipment. It is reasonable for such a company to get a listing quota.

Of course, in order for the China Securities Regulatory Commission to issue listing licenses to five companies under the same group company at the same time, this requires the group company to have a very strong background. Huang Gang pulled his fingers and counted around, and found that the domestic that is, Hanhua Heavy Industry can have such a hard origin, the Science and Technology Commission, the Ministry of Foreign Trade, and the Planning Commission seem to buy Hanhua's account, and these departments go to negotiate with the Securities Regulatory Commission, and Hanhua may not be difficult to get 5 licenses.

After some discussion, Huang Gang said goodbye to Lin Zhenhua and went back to Beijing on a business trip. According to the agreement between the two parties, Lin Zhenhua will arrange suitable persons to register an investment company for investment in the Kra Canal project. The investment company's funds are all from the private sector, and the state will give the green light to this fundraising. As for the awarding of the Kra Canal project and the operation and management of the canal after its completion in the future, the state will send officials to negotiate with the Thai side in the name of the investment company, and the general principle is to maximize the state's interests in the project.

In exchange, the Planning Commission will coordinate with the CSRC to facilitate the listing of five subsidiaries of Hanhua. The initial decision is to solve the issue of the listing quota of two companies first, and then solve the quota of the other three companies in the next one or two years.

The phased listing of the five companies is also a step that has already been discussed by the decision-makers of Hanhua. If five companies are listed at the same time, the limited funds in the capital market will be diluted, which is not conducive to the increase of the issue price. By means of listing in batches, after the shares of the former company are sold at a good price, shareholders will be full of expectations for the latter company, and the issue price can be set higher, which is also a strategic problem of making money.

Time flew by in a blink of an eye, and it was the early winter of 2002.

During this period, the negotiations between China and Thailand on the Kra Canal project were successfully completed. The Chinese government issued a statement saying that the Kra Canal issue involves the internal affairs of Southeast Asian countries, and that the Chinese government adheres to the principle of not intervening in the construction of this project, but if Chinese companies want to participate in the construction of the canal, the government will not interfere. At the same time, the Chinese government demanded that the Thai side must protect the legitimate rights and interests of Chinese investors and refrain from doing anything that harms the rights and interests of Chinese investors. …,

The Thai government also issued a statement on the negotiations, saying that the construction of the Kra Canal was an internal affair of Thailand and that the interests of any third country were not involved. Thailand welcomes private enterprises from various countries, including China and Singapore, to invest in the Kra Canal project, and the interests of any enterprise in the Kra Canal project will be calculated according to the proportion of its capital contribution, and Thailand will not discriminate in any way because of the country of the investor.

The day after the two governments made the above statement, the Kra Canal China Investment Company was officially listed in Xunyang, and the ceremony was attended by more than 100 CEOs, including "successful people" such as Qi Zhongmou, An Yan and Xiong Lijun, who are often mentioned by the media.

Thailand's Vice Minister of Commerce Ji Rapong went to Xunyang to attend the listing ceremony of the investment company, and after the ceremony, he made a special trip to Hanhua Chemical Equipment Company for a visit. At the chemical equipment company, Jirapong signed a large order worth more than US$1 billion with general manager Fang Yanwu for the supply of a series of large-scale petrochemical equipment for Thailand's petrochemical processing trade zone along the canal.

Xunyang Port Machinery Co., Ltd., of which Xie Youshan is president, invested 200 million yuan in the Kra Canal China Investment Company, and at the same time obtained orders for 50% of the Kra Canal's shore machinery, including several large gantry cranes, forklifts, forklifts, conveyor belts, etc. According to the analysis of industry insiders, the profit of these orders alone may be more than 200 million yuan.

There are also some other Chinese companies that have also won some projects of one kind or another, and the news has made companies in other countries jealous and red-eyed. Who invests, who benefits, this is never a casual talk, is not a reasonable return for the Chinese to promise to invest 6 billion US dollars in the Kra Canal and harvest a few orders?

The business circles in Japan and South Korea reacted particularly strongly to this incident, but they regretted that they had not seized the opportunity in time in the past, and had been hanging the project in their hands to force the Thai government to cede more benefits. Who would have expected that China would be the first to grab a controlling stake in this project.

There was once an opportunity......

If you give me another chance......

Investors in Japan and South Korea have repeated the classic lines of Xing Ye in their hearts more than once.

Business people are only concerned about these project orders, investment returns, etc., but politicians also see other things.

That is, when the first Chinese engineering team arrived at the Kra Canal construction site, the governments of China, Laos, Myanmar and Thailand issued a joint statement, announcing that the police of the four countries would take a joint law enforcement approach to maintain the safety of navigation in the upper and middle reaches of the Mekong River. The Western media exclaimed: China's armed forces have legally entered Southeast Asia, and the Mekong River has since become China's inland river!

In addition, the Indochina Peninsula railway project, which has been under discussion, has also ushered in the spring, China, Laos, Thailand's railway departments said that they will soon build a railway connecting southwest China to Thailand's Malay Peninsula, which means that a direct land passage to the Indian Ocean will soon appear in southwest China.

Since Lin Zhenhua made the speech known as the "Sing Tao Ultimatum" in Singapore, Singapore's economy has directly entered a harsh winter. With the listing of the Kra Canal China Investment Company, the construction of the Kra Canal has become a reality, and Singaporean businessmen have begun to arrange a way back while scolding Lim Zhenhua and China. Among them, many entrepreneurs who once vigorously opposed the Kra Canal project also secretly visited Thailand, planning to relocate their enterprises in Singapore to the Kra Canal Zone, which echoes the old saying that people have to bow their heads under the eaves.

The listing of the subsidiaries of the Hanhua Group has also begun, and with the public relations efforts of the Chinese people, the China Securities Regulatory Commission has approved two marketing authorizations for the company at one time, allowing the listing of the company and the company of Hanhua Chemical Equipment Co., Ltd., while also verbally promising to approve the listing of three other companies in the next year. ..., the shares of Hanhua Chemical Equipment Company and Machine Tool Company were snapped up as soon as they were listed on the exchange. Although the issue price has been nearly 50% higher than the par value, it has not affected the enthusiasm of shareholders to buy. Hanhua's influence in China is deeply rooted in the hearts of the people, and stock commentators have long threatened that as long as Hanhua is listed, the stock will definitely skyrocket. Now, this long-awaited blue-chip stock has finally come out, and who has time to wait and see. What is a premium of 50%, don't you see that the price of junk stocks in the market is several times higher than the face value?

Taking the opportunity of this listing, the company also fulfilled its promise to the old employees many years ago, and distributed a part of the internal shares according to the seniority, level, and contribution of the employees. Those workers and cadres who had been working as early as the time of the Hanhua Machinery Factory have become hundreds of thousands of yuan or even millions of yuan overnight. Xiang Zhe, Fang Yanwu and other executives have obtained hundreds of millions of shares, which are all divided by Lin Zhenhua from his own equity, and are not suspected of corruption or violations.

All aspects of the relationship are naturally also in need of attention. GCA has a dedicated public relations officer, who will treat them differently according to the distance between them and GCA and the difference in power. It is naturally inappropriate to give away equity directly to government officials, but no one can blame them for giving them some opportunity to buy the original shares at parity. As for the fact that officials can earn several times the difference in price by taking these original shares to the market, that is their own ability.

In fact, this kind of practice is not unique to China, but also to every country in the world. When the president of the United States is short of money to spend, he will hold a cold dinner party or something at the White House, and then invite the owners of various enterprises to dinner. The sage once said that there is no free cold meal in the world, and it is reasonable for the bosses to come to eat this meal and pay for the meal, right? Although a hamburger sells for $100,000 and a glass of ice water is worth $50,000, people are willing to fight and suffer, can you manage it?

It is digging canals, and it is the listing of enterprises, and they always care about the company's technology research and development and market development, Lin Zhenhua is busy and happy. Until one day, his wife Yang Xin came back from a business trip to the United States and threw a stack of photos in front of Lin Zhenhua with a menacing attitude:

"Lin Zhenhua, look at what this is!"