Chapter 435: Five or six more points

On September 15, Li Yuetze accompanied Wong Wai-tung to Hong Kong Island, where they would meet with those from the sponsor, Credit Suisse, to attend a hearing on the Hong Kong Island Exchange.

A week before her departure, Li Yueshi conducted assault training for Wang Weidong.

Li Yueshi has participated in several hearings of the Hong Kong Stock Exchange, so she is very experienced in the questions raised during the hearing, so her training for Wang Weidong is very targeted.

"Boss, don't worry, I already have a hunch that this time we will definitely pass the test smoothly!" Li Yueshi said.

"How many days are those members of the Listing Committee going to ask us?" Wang Weidong asked.

"The length of time is not certain, a short day is enough, and a long one day is two or three days." Li Yueshi replied.

Credit Suisse's Qian Weihao rushed to the Victoria Hotel where Wang Weidong was staying, and he checked the company's financial data and other related contents for the last time.

"Mr. Qian, if this hearing is successfully passed, I hope to be able to sell more shares of Sunningdale to retail investors." Wang Weidong said.

Among the companies listed on Hong Kong Island, some of the shares of listed companies are directly purchased internally by investment companies with an investment scale of more than 8 million Hong Kong dollars, and there is no turn for retail investors.

Wang Weidong hopes that the stocks sold to the market will be as dispersed as possible, rather than concentrated in the hands of a few investment companies.

"You mean you don't want the stock to be concentrated in the hands of a few large investment companies and pose a threat to Sunning's equity, do you?" Qian Weihao asked.

"Yes, so I want the stock to be as dispersed as possible!" Wang Weidong replied.

At ten o'clock in the morning of the next day, Wang Weidong, Qian Weihao and Li Yueshi appeared in the small conference room of the Hong Kong Stock Exchange.

This time, five members of the Listing Committee of the Hong Kong Stock Exchange participated in the hearing, two of whom were British.

Qian Weihao, as the representative accountant of the sponsor Swiss Trust, explained the profitability of Sunningdale in recent years, its tax records in the mainland, and the profit forecast for the next few years, as well as the expected use direction of the funds raised after listing, and then entered the inquiry stage.

"Mr. Wang Weidong, in the report, you plan to invest the raised funds into the production of inverters, is there an expected market in this regard?" One commissioner asked.

Li Yueshi also participated in the hearing this time, and her role was not only Wang Weidong's adviser, but also Wang Weidong's translator, not only translating English but also Hong Kong.

After listening to Li Yueshi's explanation, Wang Weidong replied: "Of course, all gentlemen and ladies know that inverters are widely used in the United States, Australia and Canada, and we will immediately acquire a German inverter factory after raising listing funds, and the first to be put into production is the inverter used on American trains, and the number of pre-orders will reach 10." Wang Weidong said.

Cars are the most common way to get to the country, but there are still some passenger trains in operation. In operation, there is a large inverter under each carriage for the use of air conditioning and other electrical equipment.

"Xiangyang Electronics has a total of 130 million shares, of which you hold 50 million shares, the other three major shareholders occupy 48 million drums, and the listed shares are only 30 million shares, is the equity too concentrated?" Another member asked.

"This time, we are going to give 2 million shares to those middle and senior managers and senior technical workers who have made outstanding contributions to Sunningdale in the past few years. As for myself, the other three major shareholders pledged to take out 500,000 shares of dividends every year for the daily operation of the school. As for the issue of stock concentration, we do not rule out the introduction of strategic investors to Sunny Electronics in the future. Wang Weidong replied.

Similar questions were asked by several members of the HKEX Listing Committee, which were answered by Wang Weidong and Credit Suisse's Qian Weihao.

By 5 p.m., the hearing was finally over.

Qian Weihao stretched out his hand to Wang Weidong and said, "Congratulations, Mr. Wang, the hearing went smoothly and ended in one day." As far as I know, among the mainland companies that have participated in the hearing in the past two years, you are quite fast. ”

China's Shanghai Stock Exchange and Shenzhen Stock Exchange have been around for almost a decade. Although many people say that China's listing system is the strictest in the world, there are still many listed companies that have been exposed to various problems in recent years.

Therefore, the Hong Kong Stock Exchange is now becoming more and more cautious about the listing of mainland companies on Hong Kong Island, and the review is becoming more and more stringent.

Sunningdale Electronics was able to pass the hearing in one day, which was very smooth.

"Mr. Qian, you have also worked hard, and I will entrust you with the roadshows and IPOs that will be carried out in the future." Wang Weidong said.

Wang Weidong turned to Li Yueshi again and said, "Miss Li, you have worked hard this time. You can rest at home for a few days now, and you can go back to work a few days later. ”

"Boss, I invite you to my villa in the middle of the mountains as a guest, I hope you can enjoy it." Li Yueshi said.

"Thank you, I'm so tired after tossing for so many days, I want to go back to the hotel to have a good rest, and I'll go back to Fushan tomorrow." Wang Weidong said.

There is less than a month before the listing of Xiangyang Electronics Company, and now the company has a lot of things, and I rushed back to Fushan after a three-day rest on Hong Kong Island. Li Yueshi said.

Soon after Wang Weidong returned to Fushan, he rushed to the capital, and Song Yu entertained him on the top floor of the Xiangyang Electronics Headquarters Building.

The building is in the final stages of exterior and interior renovation, and will be ready for use in two months.

The reason why Wang Weidong came to the capital this time was to personally welcome Song Yu's father to Fushan to attend the groundbreaking ceremony of the primary school for migrant children in Fushan.

Sunningdale purchased 5,000 square meters of land at a lower land price and is preparing to build a school that can accommodate 1,000 students.

Song Yu ingeniously set up a table on the top floor, with fruits, chocolates and wine on it, and specially got a set of audio equipment, which was completely like a party on the top of the building.

It's a pity that there were only two people at the party.

"Weidong, what is the inquiry range for our company's listing on Hong Kong Island this time?" Song Yu asked.

"Between HK$45 and HK$54." Wang Weidong replied.

Inquiry is an inevitable stage before a company goes public. From the results of the inquiry, you can see the enthusiasm of investors to invest in this company that is about to go public.

"Even if the lowest price is 45 Hong Kong dollars per share, then after this listing, my net worth will at least exceed 1 billion Hong Kong dollars!" Song Yu said excitedly.

Wang Weidong owns 50 million shares of Xiangyang Electronics, Song Yu owns 25 million shares, Ou Xiaoyang owns 15 million shares, and Ou Xiaojun has the least but also owns 8 million shares.

Even if Xiangyang Electronics goes public at the lowest inquiry price of 45 Hong Kong dollars, Wang Weidong and Song Yu can suddenly become rich people with a net worth of more than 1 billion Hong Kong dollars.

Song Yu adjusted the audio equipment, and the sound of suona and big drum came out of the speaker. The workers who were being renovated in the entire building couldn't help but stop their movements when they heard the music and pricked up their ears to listen.

Song Yu picked up the microphone and began to howl.

"When the sun comes out, I climb the hillside,

I climbed to the top of the mountain and I wanted to sing,

Singing to my sister,

She was happy to hear me singing......"

"Xiaoyu, keep your voice quiet, don't call the police!" Wang Weidong couldn't help but instruct.

Twenty meters away from the building is the main road where cars are bustling, and there are people singing karaoke with loudspeakers, which is probably something that has not happened in the capital for decades.

"Hug that hug, hug, hug,

Carry my sister into the sedan chairβ€”"

Song Yu sang passionately into the microphone.

Wang Weidong directly pulled out the power plug against the heavy northwest wind.

"Weidong, you are too timid! I still want to have a good time today! Song Yu said complainingly.

"Enjoyable? If you get addicted, you'll die! It's likely that someone has called the police by now! Wang Weidong said.

Song Yu's parents invited Wang Weidong to eat at home, and several dishes were very simple, but this still made Wang Weidong feel honestly afraid.

Who would expect to eat here? The most important thing is the heart of Song Yu's parents for Wang Weidong.

After seeing Wang Weidong, Song Yu's father held Wang Weidong's hand and said, "Actually, you also understand that money is nothing to me!" In the past few years, after our family Xiaoyu and you have cooperated to do things, I have watched him get rid of many of his previous bad problems, and people are becoming more and more progressive! So I asked Xiaoyu to invite you to my home for a meal to express my gratitude. ”

"Actually, Xiaoyu was originally a good boy, but he liked to mess around when he was young. This time, the old leaders are willing to go to Fushan to participate in the groundbreaking ceremony of the migrant children's school funded by Xiangyang Electronics, which is the care for the next generation, and I am so grateful! Wang Weidong said.

Song Yu's father went to the south to attend the groundbreaking ceremony of China's first school for migrant children, and the actual reason was, of course, to support Xiangyang Electronics, which was headed by his son.

The old man's trip to the south this time will at least alarm the Fushan City Government, and it is likely that the leaders of Guangdong Province will rush to participate.

This is a major good news for Sunningdale Electronics, which will be listed in more than half a month!

"I'm ashamed to say it, I'm still selfish. People will always die one day, and I hope that after I leave this world in the future, Comrade Wei Dong will help Xiaoyu as much as he does now. Song Yu's father said.

"You can rest assured that after getting along all these years, Song Yu and I are like brothers!" Wang Weidong said.

Two days later, a dozen people, including Song Yu's father's secretary and accompanying doctors and nurses, flew to Guangdong Province.

The leaders of Guangdong Province went directly to the airport to greet Song Yu's father.

Song Yu's father waved his hand helplessly and said: "This time, I just want to quietly go to Fushan to dig two shovels of soil for the school built by the children of those migrant comrades, and then go back quietly, but you still make such a big move!" I won't trouble you, I'll take the car directly to Fushan, everything is simple! ”

Originally, Wang Weidong asked Ou Xiaojun and Ou Xiaoyang to prepare only two of the five or six cars prepared in advance, and they were all sat by Wang Weidong, Ou Xiaojun and Ou Xiaoyang.

The rest of the cars are entirely provided by the provincial and municipal governments of Guangdong.

Wang Weidong sat in Ou Xiaojun's car, followed by five empty cars.

Wang Weidong sighed and said: "Pity the hearts of parents all over the world! ”

"These of us are going to touch Song Yu's light this time." Ou Xiaojun nodded and said.

"Yes, it's likely that because of this incident, the company's stock will rise by five or six points more when it goes public!" Wang Weidong said.

It's too busy today, and the next chapter will be updated in two or three hours.

(End of chapter)