Shanghai is prosperous

Chapter 476
The last one is the terms of competition in the same industry.If the business of the company and the related party is the same or similar, the two parties may constitute a direct or indirect competitive relationship.Shareholders of the company are naturally related parties.

"Horizontal competition" is one of the "red lines" of capital operation, and it has also been the focus of relevant regulatory authorities' inspections of companies planning to IPO.Because on the one hand, competition in the same industry causes conflicts of interest, which is not conducive to the independence of the company. On the other hand, it is easy for competitors to transfer the company's interests, harming the interests of the company's shareholders, and hindering the company's development.

Of course, after Wang Yiyuan and other shareholders sold the shares of the original intermediary company, legally speaking, it no longer constitutes a horizontal competition relationship with the Beijing company.But because of the reason of the second item above, if Wang Yiyuan owns the stock of this company and becomes a shareholder of the company, it will be a different matter.

In this way, the prohibition relationship between Wang Yiyuan and the company's horizontal competition will continue until the shares they own are cleared.However, due to the ever-changing real estate intermediary market and the huge market capacity in Shanghai, in fact, this clause does not constitute much influence and restriction.

For the school district housing system led by Kang Lixin and Ren Ziping, Mr. Cao and the others saw it in their eyes, and they probably understood what was going on in their hearts.It's just that you know what I know, everyone knows it well, and they didn't say it.

Regarding the first special request, Wang Yiyuan naturally had nothing to say.He feels that this is also his responsibility, and he can't immediately disown him just because the intermediary company's shares have been cleared.On the contrary, Wang Yiyuan felt that his responsibility was greater.

Why?In fact, it is easy to understand that Wang Yiyuan has always regarded his company as his own child.Now that the intermediary company is selling it, it's like marrying your own child and beautiful girl first.Although it is said that I have chosen a good partner for the child, but whether the child will live well in the future, as the mother's family, of course, I will continue to care and pay attention to it, so how can I be willing to have any problems and twists and turns?

In addition, there are work arrangements for nearly 92 employees in [-] stores of the intermediary company.The vast majority of employees chose to stay in the new intermediary company to continue working.How to effectively protect the interests of this group of people, at least enjoy no less than the original salary, this is what Wang Yiyuan needs to face and solve together with this company in Beijing.

As for those employees who are unwilling to go to the new agency, Wang Yiyuan gave them two choices.If they choose to leave completely, they will be given corresponding compensation according to labor laws and regulations. For those who stayed, Wang Yiyuan temporarily placed them in the real estate research institute and the school district housing business.

The business system of the school district room has formed a separate company.The composition of shareholders has nothing to do with Wang Yiyuan from a legal point of view.The legal person of this company is Kang Lixin.Now Kang Lixin and Ren Ziping are in charge of the housing business in the school district.

Wang Yiyuan later discussed with Mr. Wu that these remaining employees had an additional opportunity to choose: if they wanted to, they could give priority to working in the sales offices of various projects of Mr. Wu's real estate company.

In this way, through the efforts of the whole company, all the employees of the original intermediary company have been properly settled and arranged, and basically there has been no friction due to changes in labor relations, which has laid a good foundation for the smooth transition and normal handover of the company. Foundation.

Among these additional requirements, the biggest difference between the Beijing company and Wang Yiyuan was the second one.

The rules for listing on the main board of Hong Kong are different from those in the mainland stock market. There is a time limit for the original stock to enter the secondary market for circulation and cash out, which is the lock-up period, also known as the lock-up period.

The lock-up period for listed original shares is generally limited to one to three years.The specific time mainly depends on the agreement between the sponsor and the enterprise.After this part of the shares are circulated, if you want to buy or sell them, you must go through and entrust a stock underwriter to operate.

Generally speaking, there will be a certain discount between the company's internal subscription price and the future listing price.If the company has indeed entered the listing process, it is of course more cost-effective to subscribe for original shares.

However, whether the stock can appreciate after listing is determined by the company's performance and the market, and there are still many uncertain factors.In the securities market, there are also precedents in which the listing price fell below the issue price, or even approached or fell below the subscription price.

If it approaches or falls below the subscription price, plus the capital cost during the lock-up period, there are actually certain risks in holding the company's shares.In the end, the two parties decided that the shares given to Wang Yiyuan should not be higher than [-]% of the company's issue price as the standard, so that Wang Yiyuan reluctantly agreed.

At the banquet this evening, because of his joy, Wang Yiyuan would not refuse anyone who came to the company's staff to offer a toast.But there was one thing he still underestimated.Mr. Cao and his company's employees are basically from the north, and all of them are very good at drinking.During the staggered period of first coming and going, Wang Yiyuan drank a bit too much in the end.

However, he still kept his last sobriety, and insisted on taking a taxi home.

Xiao Xiaoxiao saw Wang Yiyuan coming back drunk, although he was very unhappy, but thinking about it, today is indeed a good day, so he had to help him to the bathroom to take a bath first.

Unexpectedly, Wang Yiyuan fell asleep in the bathtub after soaking, and even snored rarely.So Xiao Xiaoxiao spent a lot of effort to finally drag him to the bed.

The next morning, Wang Yiyuan woke up early.Opening his eyes, he was still a little apprehensive when he remembered what happened last night.He didn't bother Xiao Xiaoxiao, and went to the study to read a book alone after getting dressed.

There is a newspaper on the desk. Last night's Xinmin Evening News may have been put on the desk by Xiao Xiaoxiao after reading it.Wang Yiyuan suddenly thought curiously, yesterday was the last signing day of our company, and he completed a major event in his life.So what major events happened in Shanghai on this day?

He took the newspaper, and a big headline on the front page caught his attention:
On June [-], the Qingcaosha water source, the world's largest estuary and Jiangxin reservoir, was fully completed and open to water.In the morning, the water opening ceremony was held.More than [-] million people in Shanghai drink high-quality Yangtze River water.

Grass sand?Isn't it just next to the Citrus Amusement Park?Thinking of Citrus Amusement Park, Wang Yiyuan suddenly realized that because of the extra busy work during this period, he and Xiao Xiaoxiao hadn't visited Xiaoxiao's father and mother who were living there for a long time.

(End of this chapter)