Vol 4 Chapter 32: Difficult investment plan

"There is a very familiar feeling," Jin Ling, who rushed to the United States, said, looking at the scene before him.

"I also think that the preparations for the two listings are similar," Zhou Xinyu said.

"I don't know, I just think the work here is so stressful." Seeing Feng Yiping smiled and looked at herself, Zheng Jiayi, who had come with Jin Ling, shook her head, a little eager to try.

It is not bad to be able to participate in the acquisition of a listed company once, if it has not caught up with the preparations for the two listings.

"Then you have been familiar with it in the past few days, but you have to understand that this work is actually easier than going public, because the early progress has been smooth, and the results are basically certain. The current work is all transactional work. ."

Because the board of directors of Coin Star highly agrees with Feng Yiping, even after they announced the acquisition, a third party who is also interested in Coin Star will enter the market, but Feng Yiping has taken the lead.

"However, the preparatory work before listing is different. No matter how well the preparations are done, everything is unknown before the official approval of sec, and various emergencies may affect the final result, so pressure Will be bigger,"

When Feng Yiping said these words, he thought of Jinshan Company, the former national software company.

In 1999, like other domestic technology companies, Kingsoft originally planned to list in Hong Kong, but due to the impact of the financial crisis, the stock prices of only three or four companies on the Hong Kong Growth Enterprise Market at that time remained at the initial price. Above, securities consultants also suggested that they consider a-shares and look forward to the launch of a-shares on the growth enterprise board of domestic SMEs.

After waiting for four to five years, the GEM has not been launched. Due to the regulatory restrictions on the net assets of software companies, it is difficult for Kingsoft to list on the main board in the Mainland. After that, they set their sights on Nasdaq.

All preparations were started in 2005, and Morgan Stanley was selected as the underwriter. It plans to be listed on the Nasdaq in the third quarter of 2006, raising US$100-300 million.

Seeing that success is imminent, in 2006, the United States suddenly promulgated a series of corporate access review systems represented by the Sarbanes-Oxley Act, which greatly increased the threshold for Chinese companies to go public in the United States. Not only did the cost increase significantly, but also the requirements for profitability. Significantly improved, Jinshan's road to market, once again fell into the sand.

In the end, they had to turn their eyes to Hong Kong again, and finally successfully listed in 2007. They went on the road to the market for 8 years!

Of course, they are not the most sad reminders. There are definitely more sad reminders. After years of preparation, there must be many companies that have not been able to go public. Therefore, Feng Yiping’s two companies can be listed on the Nasdaq one after another smoothly. Really very lucky.

Zheng Jiayi would not listen to Feng Yiping's words at all. She only had joy and yearning for participating in such a big project.

"Go to Buchanan by yourself," Feng Yipingyuan really didn't know that Zheng Jiayi was also a girl with such a strong entrepreneurial spirit.

…………

In the conference room, the first report they reported was not too optimistic.

"Our preliminary research and preparation work in Taiwan Bay has basically ended. However, after considering various factors, the company feels that it is not a good time to invest in Taiwan Bay recently," said Zhou Xinyu.

"Is it because of the election?" This is another election year over there.

Western-style democracy often changes in Asia. On the other side of the Strait, the election of regional leaders every four years will cause political turmoil on the island, aggravate ethnic antagonisms and tears... These results will seriously affect investment. surroundings.

As we all know, the green camp has a very good job in elections. A-bian is now hyping up the "urgent independence" issues such as "one country on one side" and "referendum to draw up a constitution", and is fully promoting the "referendum legislation" to incite populism and win over voters. It can be said, Now is the most severe time in history.

"Yes, not all,"

"For mainland investment on the other side, there are restrictions on both sides. Although in August last year, the mainland allowed investment in land or real estate on the other side, but investment in other fields can be said to be completely restricted. Of course, we can find a way , Such as setting up a company in Hong Kong,"

"However, they have the same rigorous review of companies in third places. If a mainland legal person, organization or institution holds shares in a third place company, or has a capital contribution of more than 30%, or has control over the third place company , Still regarded as land capital, and also not allowed to enter,"

Feng Yiping really didn’t know about such a **** thing. He only knew that since the reform and opening up, people from the other side have come to the mainland to invest in an endless stream and quickly made a huge amount of wealth. He did not expect to do business here and there. difficult.

"Is there a way?" Feng Yiping asked.

"There is a way. However, it may be difficult to use a good brand in a convenience store set up on the other side. If you want to use it, it is not impossible, but the cost will be a lot higher. For example, we can make new The established company purchases Youjia’s trademark use rights in the Strait area,"

"This is not a problem," Youjia is now all his own, and spending a sum of money to buy the right to use the trademark is nothing but a left hand to a right hand.

"There is also the most important point. The growth of the other side this year is weak, the unemployment problem is still serious, the inflationary contraction continues, and the residents' willingness to consume is not high. Considering the difficulty of investment landing, taxation and expected income after operation, the company believes that the most It’s good to postpone the investment plan there. When the political situation becomes clear or improves, and the economy improves, then make plans and analyze the current situation. It shouldn’t be too late.”

Wrong, this day will not be too early!

Feng Yiping looked at the thick report in front of him and was silent. Although Lan Ying launched a "Lian Song Pei" to compete for next year's election, and polls showed support as high as 50%, 20 percentage points ahead of Green Ying, only Feng Yiping knew this. The two old men, it can be said that they were easily played and applauded by the group of people in the green camp. He knew the results of the 2004 election.

If you want the political situation to improve, you have to wait at least after the Green Camp stepped down in 2008.

He turned to the survey report on the results of the real estate survey on the opposite shore. 90 years ago, the housing prices on the opposite shore had been rising sharply. Like the residents in the mainland, everyone believed in the myth of "the real estate market is immortal", but it was the first in 90 years. As a consequence of the quarterly stock market crash, although housing prices did not plummet, they fell into a long-term negative decline.

By this year, housing prices in the central and southern regions have fallen by more than 40% during the peak period. Although the northern central region has performed better, transactions have been sluggish.

This should be an opportunity for bargaining.

As cross-strait exchanges become more and more convenient, Taiwan’s housing prices will continue to rise. He knows that later on, more and more people buy houses on the other side of the mainland. He has a friend who went there to buy properties during the 2008 Olympics. At that time, the housing prices there were still higher than the prices of similar properties in domestic first-tier cities.

"If there is a suitable store in the central city, just circle it. I will let the real estate company start. Well, if you have the intention, you can also consider buying a property there, with freehold property rights."

"I'll forget it," Zhou Xinyu shook his head, "Although we are allowed to buy a house, we cannot get a bank loan, and I must provide proof of the source of funds, so I don't want to spend money to be vetted."

"Hehe, it's up to you. Your opinion on investment is correct. However, I think shelving is not a good way. I think they absorbed less than 400 investment in the first half of the year. I still think that investment at this time has more advantages. We Still have to go ahead of others,"

"There are still technical means to circumvent the restrictions of various policies. For example, Jingping has American citizenship. Of course, this is only an option. More plans can be considered comprehensively and the best can be selected."

"As for the expected performance, I think the forecast in the report is a bit pessimistic. Convenience stores are all household necessities. No matter how bad the economy is, you still have to buy these things. Moreover, no matter how bad the economy is on the other side, the current standard of living is. It’s still higher than the mainland. There’s no reason why we can do it in the mainland, but we can’t do it on the other side.”

"Of course, this is just my personal opinion. In general, to have a good internationalization, we must hurry up, and we can also consider a third place."

"In some industries, such as the retail industry such as convenience stores, taking the lead is to have a huge advantage. If we only develop convenience stores in China now, you should be able to predict how difficult it will be to surpass the leading competitors. "

Jin Ling nodded when he heard the words, "Okay, we will continue to follow up. In other respects, several investments in the provincial capital are being carried out in an orderly manner. Another important thing is that Jiasheng Jiayuan.com, as planned, will be at the end of the month. Go online, do you have any comments?"

"It will proceed as planned, but I still want to emphasize once again that offline networks still need to be constantly improved. For Jiayuan.com, the focus of future profitability is still offline wedding business."

He had a clear understanding of this.

This is why he wanted to set up wedding companies in various places from the beginning. Online blind date business can bring very limited profits, and it only relies on the membership fees of registered users. The profit model is too single. Later, there are not many domestic companies. The performance of those listed dating sites is a good proof of this.

"Yes, this not only runs through the entire process of the marriage and love market, but also provides more quality services to website members. As our Jiasheng Holiday Hotel is built more and more in China in the future, this is also a measure that will promote each other. ,"

To put it bluntly, blind date websites, wedding companies and hotels are also a closed-loop ecology. The beneficial interaction between holiday hotels and wedding companies in provincial cities is the best example.

…………

The moment when Huang Jingping was holding a little girl, Zheng Jiayi's face was quite ugly. She really didn't expect this to happen. She had known it earlier, so it's better to stay in a hotel.

Looking at Jin Ling and Zhou Xinyu, they are both teasing Amanda affectionately. If they want to come, they knew about it, really!

She calmed down, and when Huang Jingping greeted her, she tried her best to put on a smiling face, "Hello Jingping, it’s been a long time since I saw you, sorry, I’m going to disturb you for a few days,"

"Why, I'm so happy you can come," Huang Jingping took her hand, "I haven't seen you in a few years, you are getting more and more beautiful, and your temperament is getting better and better."

Zheng Jiayi looked at Feng Yiping, who was holding the little girl with a happy face, and couldn't help but say, "I envy you,"

Huang Jingping didn't hear the other meanings, "What's so envious, you will definitely have a beautiful child in the future, go, come in quickly,"

Feng Yiping pointed to Zheng Jiayi and said to Amanda, "Call me sister,"

If it were other children, the 24-year-old Zheng Jiayi would definitely ask them to call her sister, but this time, she emphasized, "No, called Auntie,"

…………

"Thank you for the hard work of both of you who have made me this incompetent boss so easy, I respect you," Feng Yiping solemnly toasted at the table.

Jin Ling didn't take his set at all, "It's better to have something practical,"

"Already prepared," Feng Yiping smiled, "You two have worked very hard in the past few months and have always wanted to buy you a big vacation. Now it happens that there is still some time before the acquisition is made public. I want to transfer in the United States. Let’s go to the Caribbean. It’s up to you and the plane is for you.”

"I naturally choose Caribbean, Jiayi, it's really good over there," Jin Ling immediately raised his hand, "Jingping, why don't you go with us?"

"Wow!" Huang Jingping really likes there.

"What about you, President Zhou?"

"I'm not familiar with the United States yet, I want to take this opportunity~www.wuxiaspot.com~ to have a good time in the United States,"

"That's up to you, don't worry about safety, I will arrange someone to take charge,"

"I don't want to go on vacation either. I want to continue to work with the acquisition preparatory team, can I, Mr. Jin?" Zheng Jiayi said actively.

"There will be opportunities like this in the future. Since it's here, I'll go to the Caribbean, and I'll be the guest, classmate Zheng Jiayi," Feng Yiping said.

"I still like to work. When I make enough contributions to the company in the future, I will make these requirements."

"You are not on vacation by yourself, you are on vacation with your immediate boss,"

"Forget it, Yiping, since Jiayi cherishes this opportunity, that's not bad," Jin Ling said.

"Don't worry, Jiayi, on vacation, there will be opportunities in the future. We will go to France in autumn and autumn.

…………

Watching the setting sun sprinkle fine golden light on the sea level in the Bay Area, and watching the city that has gradually become quiet, Jin Ling said, "The Huangpu River in Shanghai is more lively than during the day, and I am used to the busy traffic there. , The hustle and bustle, I'm really not used to the quiet here,"

After the meal, Feng Yiping invited her out for a walk. There should be something to say.

"Jin Ling, Sister Jin, Sister," Feng Yiping said what he thought. "You know, I always treat you as a sister. You know, I hope you can live a happy life, so even if you Impatient, I still have to say something to you, sister, really have to think about personal issues, life is not just work,"

"I don't want to talk about this," Jin Ling looked at the grass in the backyard, surrounded by Huang Jingping and Zheng Jiayi, Amanda laughed loudly and happily, "Don't worry, I will consider it myself."

Zheng Jiayi pays attention to this side from time to time, and she finds that like herself, Jin Ling seems to pay special attention to Amanda.