Chapter 87 Funding Arrangements (2)
In order to quickly reunify the two Germanys, Federal German politicians, who knew that the economic base determined the superstructure, put forward the idea of a currency-first political unity.
By establishing a monetary union between Germany and Germany, East German citizens exchanged their East Marks for West Marks, which preserved the purchasing power of the East German people's currency and reintegrated the economies of the two Germanys. For the East German people, who were suffering from their own economic security after reunification, there was no better measure to convince them to support reunification.
The Monetary Union program provided for the cessation of circulation of the East Mark from 2 July 1990, the use of the West Mark in East Germany, and the implementation of currency exchange.
The Deutsche Bundesbank became the central bank of the GDR and managed the GDR monetary and financial services in accordance with the West German financial regulations.
The East Mark is exchanged for the West Mark in three ways: first, wages, salaries, grants, pensions and other recurrent living expenses are exchanged at 1:l, and the deposits and cash on hand of East German residents are exchanged for a certain amount of Mark 4 according to their age: each person under the age of 14 is exchanged for 2,000 marks; 15 to 59 years old, 4,000 DM per person; 6,000 marks per person over 60 years old, and the excess amount is exchanged at 2:l.
second, other claims and debts are exchanged at a ratio of 2:1; Third, the deposits of natural and legal persons in East Germany who have lived abroad for a long time are exchanged at a rate of 3:l. Speculative holdings like NB Electric will also be exchanged for 3:l.
This means that the 130 million East Marks that NB Electric borrowed from China and Vietnam with less than 30 million Hong Kong dollars a year ago has become more than 43 million West Marks now, which is equivalent to more than 390 million Hong Kong dollars!
Although this is the West German people paying for NB Electric's investment in Germany, and the previous East Mark loan is also a "Zhou Yu beating Huang Gai" one is willing to fight and one is willing to suffer, but there is so much investment in the country, and the investment will be increased after the second "spring" comes, and the charter has to consider the feelings of the domestic government.
"The profits of NB electricians, NB electrical appliances and NB high and low voltage complete sets in China are definitely not suitable for foreign exchange settlement according to the official price, and how to arrange the funds should come up with a set of plans as soon as possible."
"yes."
Liu Siwei thought so, put down the cup and said: "Last year, prices in the mainland rose by 14 percent, the renminbi continued to depreciate, and the settlement of foreign exchange in accordance with relevant policies will shrink by more than half, and the political climate does not allow for the expansion of investment, and I am also worried about the more than 10 million yuan." ”
Approval to invest in waste-to-energy power plants is equivalent to half-stepping into the energy sector in Germany and even Europe.
Take advantage of the best opportunity before the real reunification of the two Germanys, to do such a most sensitive and difficult thing, so that NB Electric's next R&D center and electrical equipment factory in Germany will no longer be so conspicuous, at least in a short period of time, it will not be boycotted by peers, and it is time to consider domestic problems.
The charter thought for a moment and said thoughtfully: "The Vietnamese side complains about the East Mark loan, and the country will definitely have opinions. The year before last, the funds were tight, when Mr. Gu opened his mouth, we only donated 100,000 yuan, and there are only a few months left before the Asian Games leave, and the construction of the venue should have been completed, and now others will not look at it.
When we heard that the Youth Development Foundation of the Youth League Committee was carrying out the Hope Project, we donated ten Hope Primary Schools to him. Considering that the areas that need to build Hope Primary Schools are relatively backward, and the funds are likely to be misappropriated, it is best to register an NB charitable foundation in Hong Kong and have professionals fully supervise the use of the funds. ”
"How about four million?"
Donating to students is a tradition in Hong Kong companies, and Liu Siwei has no opinion.
"It's all up to us, and we don't need matching funds from the local government, and 400,000 yuan should be enough. Donate so much money, those primary schools will definitely be named after our company, such as XX Township NB Hope Primary School. Since it is named after our company, it is best to take out one or two million as a bursary fund to help those children who can't afford to pay tuition fees to complete their studies, and you can also give teachers a little subsidy appropriately. ”
This is undoubtedly a good opportunity to promote the company, Liu Siwei said with a smile: "Then take 10 million out as the donation of the NB Charity Fund, NB electrician out of 3 million, NB electrical appliances out of 500,000, high and low voltage complete sets out of 500,000, electronics division out of 500,000, the remaining 5.5 million from profits." ”
NB Electrician is a listed company, and one-third of the 3 million is the money of shareholders; NB electrical appliances and NB high and low voltage complete sets are joint ventures, and each of 500,000 yuan is equivalent to the Luohu District Government; In this way, it is equivalent to the articles of association and Liu Siwei and other shareholders only donated more than half.
has face, and can also give an explanation to the country, the charter nodded and said: "10 million is 10 million, donating to build a hope primary school, combining company image publicity and rights protection and anti-counterfeiting, so that the Ministry of Commerce and the Planning Department can come up with a set of plans before the opening of the Asian Games." ”
Due to various reasons, the matter of rights protection and anti-counterfeiting has been delayed again and again, and it is time for them to have a pot.
After discussing the scale of anti-counterfeiting, the charter turned the topic to the remaining more than 5 million profits of domestic companies: "The reason why NB electrical appliances and NB high and low voltage complete sets can be put into production in such a short period of time is entirely due to the group of technical and managerial talents who were trained and exercised when the switch panel was launched. We entrusted us with a lot of responsibility, and they didn't let us down, and now they can all be on their own. This internal training and selection mechanism should be adhered to, and the 5 million profits will be used as the fourth and fifth rounds of talent reserve funds to prepare for the company's great development in two or three years. ”
"Well, that's what I thought too."
Liu Siwei lit a cigarette, Meimei took a puff, and said with a knowing smile: "Wenming, Zhang Bing, Xiaozhu, Xiaojun and Xiaolian have all what they should have, and they have bought everything they should buy, as well as the cash cow of the electronics division, and now there is nowhere to spend money." They asked me to tell you that they will continue to hold the original shares of NB Electrician, so that you can rest assured that you can raise funds boldly and do not worry about the loss of equity. ”
NB Electrician has taken out 30% of the shares to go public for financing, the employees of the headquarters and the Xiangjiang factory hold 5%, their relatives hold 13%, Li Xiaoshan and his wife hold 2%, and the charter, Liu Siwei and Zhang Hui hold a total of 50%.
The East Berlin waste incineration plant is a stepping stone to get involved in the energy field in Germany and even Europe, and it is also a model project to promote NB electrical products.
Half of the remaining more than 20 million marks will be used for the construction of headquarters, factories and R&D centers in Germany, and half will be used for research and development in the fields of motors, distribution and transformation, grid automation, electrical meters and waste incinerators.
As a result, R&D funds for industrial appliances and weak electricity are tight.
The promises of Ding Wenming, Zhang Bing, Wu Xiaozhu and others mean that at least 20 million shares can be listed and circulated, and the funds obtained from the listing and circulation can be completely discretionary, unlike the previous more than 110 million Hong Kong dollars that can only be used for the development of NB Electrician.
NB electrician is a tool to circle money, 20% of the original shares must be sold at a good price no matter what, and the charter raised his head and asked: "When will Sun Xiaoguang's side produce results?" ”
"The cabling was fine, as were the telephone, TV and security system. Now we are taking the headquarters to do the test, install the central computer room, debug the centralized control platform, and strive to complete the status monitoring and fault alarm of the air conditioning system, the high and low voltage circuits of the substation and distribution, the water supply and drainage circuits, various water pumps, lighting circuits and elevator systems within three months. And integrate fire protection, broadcast notices, property management and other subsystems. ”
Investing so much money in the system engineering laboratory and doing experiments with the headquarters, Liu Siwei knows the progress of research and development well, and is like a professional.
With the backing of several universities in Hong Kong, it is entirely to be expected that progress has come to this point.
The charter nodded slightly, and said lightly: "Brother-in-law, after I go back, let the Xiangjiang Business Center and overseas colleagues focus on promoting the smart building business of NB electrician, and try to make a model project even if there is no profit." ”
Smart buildings are a new business, but also good news.
How could Liu Siwei not know what he was thinking, and asked curiously: "How many original shares are you going to take out for circulation?" ”
"25 million shares!"
"Isn't it too risky?"
"Counting 15% of Wenming and Zhang Bing's hands, we still hold 40%, we can attack, retreat and defend, it is not so easy to acquire us."
According to the relevant regulations of the Hong Kong Securities and Futures Commission, holding 30% of the shares of a listed company must be announced, and only after the announcement can the acquisition be formally proposed.
The original stock can be listed and circulated to obtain high returns, but not all employees are as short of money as Daniel, and some people wait and see how far the stock price can rise. The veterans of the first batch of companies such as Huang Li'an, Guo Junru, Shen Xinru, Sun Xiaoguang and Lin Huixian are very optimistic about the company's prospects and attach great importance to the identity of shareholders, and they are reluctant to throw it no matter how much it rises. Even if you lack money and need to sell, you will seek the company's advice first.
NB Electrician will not be stupid enough to cash out 25 million shares at one time, but will be listed and circulated in small batches to ensure that the shares will not be concentrated in the hands of a certain institution. What's more, it is not easy to hoard 30 million shares, and a big move can be manifested from the stock price.
Liu Siwei weighed it and agreed: "Then I will prepare after I go back and strive to win a model project in the first half of the year." In addition, an investment department will be set up to analyze the trend of stock prices. ”
"Brother-in-law, you have more experience in these things than me, you look at the arrangement. Anyway, it doesn't take so much money all at once, so we will sell millions of shares first, build a Taipei R&D center, and rely on Taiwan's semiconductor industry advantages to specialize in inverters, microcontrollers and PLCs, as well as all the chips we will use in the future. ”
If you want to make achievements in strong electricity, you can't do without weak current support. Compared with Hong Kong and Germany, Taiwan has an advantage in electronics.
This is a strategy that has been formulated before, and even reserves several chip design talents, Liu Siwei said with a smile: "Don't worry, the Taipei R&D center will be listed at the end of October at the latest, and it will never delay your research and development." ”