Chapter 163 "Backdoor Listing" Plan

Qiao Yanqiu saw that Shen Kangnian intended to support this proposal, and she was secretly proud in her heart, the financial reports of Shen's Overseas Group were all personally responsible for doing it, of course, they were all fake!

Qiao Yanqiu obtained a master's degree from the School of Finance of the University of Pennsylvania in the United States, and held important positions in several Fortune 500 companies in the United States.

Although Shen Zhenwei, as the vice chairman and president of Shen's Group, should be the No. 2 real power person, in fact, he is consistent with his father Shen Kangnian's opinions when he opens the board of directors.

In the end, Shen Kangnian still tried his best to disagree and decided to pass the final show of hands of the board of directors to decide whether to inject another 500 million US dollars into Shen's Overseas Group.

At the beginning of the show of hands, the 25 members of the board of directors, 13 to 12, narrowly approved the proposal to inject an additional $500 million into Shen's Overseas Group.

The power group represented by Shen Kangquan and Qiao Yanqiu won again, but Qiao Yanqiu was the real winner, because the Shen overseas group had actually been controlled by her for a long time......**********

After the Spring Festival, Tengyi Company's shareholding system reform was successful, and Shen Yi decided to start the company's listing plan.

At present, the most realistic is to log in to the GEM first, and from the perspective of the GEM listing conditions, Tengyi can only choose to split part of the business for listing.

GEM mainly absorbs new technology companies, which are often established for a short time and are small in scale, but have better performance.

Shen Yi considered it comprehensively, Tengyi Company can only choose to list Tengyi Electronic Technology Company, and Tengyi Electronics' current main product is Tengyi Extreme Computer. In addition, there are also solar photosynthetic fiber neon lights, which also have a certain amount of sales.

Since this neon sign has played a strong role in the lighting project of Nanzhong City, many nearby second- and third-tier cities have contacted Tengyi Company through various channels, hoping to buy this neon sign and use it in the lighting of the city.

Someone took the initiative to send money, and Tengyi Company, of course, did not refuse to come, and sold this solar photosynthetic fiber neon light in large quantities, creating certain economic benefits.

With the backing of these two products, we have the confidence to apply for listing on the GEM. Because of the development of real estate to make a lot of money, Shen Yi increased the capital investment in the R&D department, so that Qin Wei was responsible for recruiting more technical talents, seizing the time to overcome the technical patent problems in the Tengyi extreme laptop, and at the same time speeding up the research and development of tablet computers.

If it can be successfully listed, with a large amount of capital injection, Tengyi's tablet will be launched faster.

However, applying for listing is a long process for any company, and many companies have to apply and review step by step for three or four years before finally obtaining the listing qualification.

Shen Yi really can't wait that long now, so the most ideal result is a "backdoor listing".

So he immediately called Lin Fei from the public relations department and told her the focus of her recent work, in addition to paying close attention to the dynamics of competitors, but also paying attention to collecting some companies on the GEM that are in danger of being suspended and delisted, and see if the other party is not willing to sell the "shell" to Tengyi Electronics.

If a suitable "shell" can be bought and listed on the backdoor, Tengyi Company will embark on a shortcut to listing.

Although the GEM has recently introduced many new rules, it has not closed the back door of "backdoor listing", and the key is to find an ideal "shell".

Shen Yi asked Lin Fei of the Public Relations Department to use all means and resources to find this ideal "shell" as soon as possible, and then immediately enter the negotiation stage of "backdoor listing".

A month later, Lin Fei submitted a piece of information, all of which were companies that were currently listed on the GEM with poor results and facing suspension, and there were a total of five companies that could be used as "backdoor listings".

Shen Yi carefully browsed the information of these five companies, one of them was called "Yongda Electronics", why did it look so familiar? He hurriedly found Lin Fei and asked, "Minister Lin, is this Yongda Electronics the same company that we tried all means to force it to repay the loan in advance last year?" The boss seems to be called Lai Yongda, right? ”

"Yes, this is the company, Yongda Electronics received $20 million of capital injection from Sequoia Capital last year, and was successfully listed on the GEM at the end of the year. The company's journey to IPO took three years, but its performance after listing was poor because the company was mainly engaged in the emerging type of e-commerce - group buying network. At the beginning of this year, the domestic group buying website has experienced the test of the harsh winter, the large group buying website has contracted the strategy, the small and medium-sized group buying website has closed down a large area, and the plum group buying network under Yongda Electronics has also been impacted, resulting in the company's stock price has been running at a low level on the GEM, and it has faced the danger of suspension several times. Lin Fei said in detail.

"Does Yongda Electronics have any intention of selling shells? After all, our company used to have a bit of a holiday with him, and you know this matter best, in order to force them to repay their debts as soon as possible, you used a lot of means. Shen Yi smiled.

"Hehe, it's not what it used to be! Yongda Electronics is now a standard junk stock in the GEM, the boss Lai Yongda is ready to transform into a health care product, and Yongda Electronics's Meizi group buying network is also half-dead. If no one takes over, after the GEM delisting system is perfected, Yongda Electronics will definitely be one of the first companies to be delisted! I don't think Lai Yongda would be so stupid as to let go of the great opportunity to sell his shell for money because of a little holiday in the past. Lin Fei said.

"Okay, then we will prefer Yongda Electronics, after all, this is a company in Nanzhong City, it is more convenient to do it, you can send someone to contact the people of Yongda Electronics to see if the other party has any intention of selling shells." Shen Yi said.

"Well, I'll do it right away." Lin Fei nodded, turned around and left the office.

Shen Yi sat in the boss's chair, closed his eyes and pondered, Tengyi Company wants to split the electronic business and go public, and it is still in urgent need of a financing consultant who understands the process of listed companies, who will be the consultant?

Suddenly, he thought of the best candidate in his mind - finance teacher Song Xinyan!

I heard that Song Xinyan is a master's degree in finance from Harvard University in the United States, and has worked as a financing consultant for three Fortune 500 companies in the United States, and is proficient in stock trading, so she is the best candidate.

After Shen Yi learned about Song Xinyan's glorious history, he often had such a question, how could such a successful person who once served as a senior white-collar worker in a Fortune 500 company suddenly resign from those promising positions and return to Huaxia to become an ordinary university teacher?

But anyway, Shen Yi felt that he had saved Song Xinyan, and he usually had a good relationship with her teachers and students, and he asked her to help him make money by trading stocks some time ago, so Mr. Song should not refuse to be his financing consultant.

So, Shen Yi immediately called Song Xinyan.

"Shen Yi, hello, have you really not come to school recently? It's been a long time since I've seen you! Song Xinyan picked up the phone and laughed softly.

"Teacher Song, I'm not busy with my career! I remember you said before that you want you to come to my company as a financial director, unless my company goes public in the future, and I have been studying the company's plan to go public recently. Shen Yi said.

"Huh? You say your company is going public? Song Xinyan's tone was obviously surprised, Shen Yi, a company that has just been established for less than two years, is going to go public for financing? That's too fast, right?

"It's a backdoor listing, and there's a bigger opportunity on the GEM." Shen Yi hurriedly explained.

"Oh, is there any progress? It's not easy to be listed on the GEM by backdoor! Song Xinyan secretly praised Shen Yi's direction is correct, with the current situation of Tengyi Company, if you want to go public quickly, there is indeed only one way to go through the "backdoor listing".

"So, I would like to ask you to be our company's financing consultant and help us with the specific work of backdoor listing...... Teacher Song, I'm your senior apprentice, you won't refute my face, right? Shen Yi said with a smile.

"Okay, for the sake of you being my life-saver, I can be this financing consultant, but my working hours can't delay my normal classes." Song Xinyan said.

"Teacher Song, I know, your university teachers are actually very idle, you will be fine after classes every day, you don't have many classes, besides, you are all my financing consultant, in the future, my company will be listed, you will still serve as the financial director, what are you still teaching at Nanzhong University?" Come and work in our company! Shen Yilang smiled.

"Shen Yi, I just agreed to be your financing consultant, but I didn't say that I want to be the financial director of your company!" Song Xinyan said with confusion.

"Teacher Song, don't be fooled! You used to promise me that as long as my company is listed, you will accept my invitation to be the financial director of my company. Shen Yi said.

"I'm talking about companies listed on the main board, and you still don't meet my conditions if you're listed on the GEM." Song Xinyan thought about what she had said before, and hurriedly defended.

"Oh, Mr. Song remembers his surname so well?" Shen Yi wanted to be sloppy, but he didn't expect Song Xinyan to buy it.

"Okay, Shen Yi, you continue to work hard, it's not easy to be listed on the GEM, let's move forward step by step!" Song Xinyan said.

"Okay, you can be my financing adviser first, and I will give you a part of the equity in the listed company established in the future." Shen Yi Zhengse said.

"No, I'm just doing you a favor to repay you for saving your life, if you feel really sorry not to go, then just give me a little hard money." Song Xinyan said.

"Hehe, Teacher Song is so generous, I really feel surprised!" Shen Yi smiled, in fact, what surprised him even more was that Song Xinyan agreed to be the financing consultant for Tengyi's listing so quickly.

"Come to my office in the afternoon, it just so happens that I don't have classes in the afternoon, I'll tell you about the backdoor listing, which can be regarded as giving you a small stove and making up for the class." Song Xinyan said.

"Okay, I'll go down and see you later." Shen Yi put down the phone and continued to work.

(To be continued)