The Situation of Merchant Killing

Chapter 18 I'm here to make money
After Tian Chen's incident, Shen Yixin changed a lot.It turns out that she likes to sleep late, so she wakes up very early.

Long Ming pushed away the gym in the morning, and Shen Yixin had already started running there.

"You're using too much force." Long Ming had to ride a bicycle beside him.

It is a good thing for a person to use force, but it is a bad thing to use too much force.

Shen Yixin suddenly became like this, probably because there was an evil fire in her heart, if she didn't guide her well, she would suffer mental and physical damage.

"Brother-in-law." Shen Yixin slowed down the treadmill and walked instead, "When did you know what you want?"

Long Ming recalled while riding the bicycle: "When you know what you want? That depends on what you mean I want."

"Career, love, you can talk about it."

"The career is very simple." Long Mingyi looked out the window.Outside the window is the vast river view. The other side of the river records a century of prosperity and witnesses the rise and fall of legends.

"When my stepfather thought it was a waste to pay me 350 yuan for tuition fees. And for that younger brother, he would spend 500 yuan to buy a remote control car."

"Oh." Shen Yixin thought for a while, and thought: Because it's not her own.

"Don't get me wrong. I don't hate him because of this." Long Mingyi said: "I hate him not because of this. From a certain point of view, he is my 'guiding light'. He let me know I have to rely on myself! From the moment he refused to pay me tuition fees, I knew that he would not care about my life. He would only get rich but not pay.”

Shen Yixin stopped the treadmill, put her hand on the armrest, and listened to Long Mingyi's words.

Long Mingyi said slowly: "I won't let him participate in anything, he's just a passerby. He feeds me for my mother's sake, and takes care of my three meals a day. Although it's not very good, I can eat it." I should thank him for my food. When I was in college, my tuition fee was a loan, and my expenses came from my work-study program. All my assets have nothing to do with him. And he manages me In those years, I gave him 200 million for three meals a day and bought a house. I think it is enough."

Shen Yixin nodded.

"If he had paid me the 350 yuan at that time, maybe I would not be who I am now."

"So it's the same for Tian Chen."

"I hope you can learn from it." Long Ming stopped and pedaled. "Xinxin. There are many times in life, when you lose it, you are very sad, but things like 'a blessing in disguise' often happen, and everything is 'how can you know that it is not a blessing'? Tian Chen is not firm in your relationship. If he loves you regardless of his own safety, he will not retreat so easily. And come second."

"Brother-in-law, how many times have you talked before my sister?"

"This doesn't belong to today's problem." Long Ming knocked on Shen Yixin's forehead, got up and prepared to leave.

"Is it really first love?" Shen Yixin laughed looking at the back of Long Mingyi leaving.

At breakfast time, Long Ming sat at the dining table as soon as he got dressed for going out.

Shen Yixin looked at Long Ming and asked, "Why is brother-in-law dressed so handsome today?"

"Today Tai came to ring the bell." Shen Yiren said: "Of course you have to dress so formally."

There are no rules about the dress code of Zhan Dao Capital, you can wear whatever is comfortable for you.Of course, pajamas, slippers and other clothes that are too casual and not in line with the general morality of society are not acceptable.

"There is a big event today. Tailai is going public." Long Mingyi said: "As one of the shareholders, I have to go and attend together. By the way, I will meet Zhang Kaitai from Tailai."

"Ringing the bell" is a ritual for a company to go public.Tailai Technology was listed on the main board of the Shanghai Stock Exchange today. As one of the shareholders, Long Mingyi was invited by the actual controller Zhang Kaitai to participate in the ceremony.In fact, the Shanghai Stock Exchange does not ring the "bell" but the gong.

"Isn't it interesting?" Shen Yixin asked, "Can I go?"

"Yes." Long Mingyi said, "Where's the baby?"

"I didn't want to go at first, so I went to see it with my sister." Shen Yiren muttered, she had the right to accompany her sister to relax.

Shen Yiren and Shen Yixin dressed up a bit, although they didn't look like attending a grand event, they were both dressed formally.Long Mingyi brought the two of them to the exchange to attend the ceremony.

"Mr. Long, hello!" Zhang Kaitai took Long Mingyi's hand enthusiastically, "You have to stand next to me today."

"That's not good." Long Ming shied away, "It's better for senior executives to stand by your side. Qi Tak has contributed a lot to Tailai's listing."

"He must be here, but you are an important person, and Qi Tak also means that." Seeing that Long Mingyi was about to decline, Zhang Kaitai interrupted him directly. "Without Mr. Long's operation, would it be so easy for us to go public?"

A year ago, Tailai Technology wanted to apply for an IPO for the third time.But brokers and investment institutions are not interested in Tailai.

If it had been more than 20 years earlier, someone from Tailai Technology would have lined up to come to the door.Tailai Technology was originally a state-owned electronic transistor factory. After the company was restructured, it became the company of Zhang Kaitai and Chen Qide through MBO.

MBO means management buyout, which means that the company's management uses high debt financing to buy out the company's equity, making the company privately owned, and then achieving the purpose of controlling and restructuring the company.Many state-owned enterprises are reformed through this method.

Nowadays, the competition of electronic products is fierce, product innovations emerge in an endless stream, and the replacement is very fast. If you relax any day, you may fall behind your competitors.Once it falls behind, it will not be a reduction in market share, but a loss of the entire market.Tailai's main products are outdated and its innovation ability is insufficient.However, Zhang Tailai naively hoped that the brokerage firm could use the method of underwriting to let the company go public.

Securities underwriting refers to the process that an investment bank (or an investment banking group) buys all the securities issued by a company at one time according to the total selling price of the securities, and then issues them again.

This process is very risky. Once the stock price falls, the investment bank or securities firm will bear all the losses.Even underwriting, most of them are an underwriting group composed of securities companies, and the risks are dispersed through a cooperative model.

In the case of Tailai Technology, no securities firm that took advantage of it would adopt an underwriting strategy, and it would be good to find someone to sell it on an agency basis.

Zhang Kaitai is a stickler. He insists on taking less risk by himself and letting the brokerage take the big risk.

Such a project made Long Mingyi smell "fishy".He came to Zhang Kaitai himself.

"Mr. Long." Zhang Kaitai sat in Tailai's reception room and personally received Long Mingyi.

"Mr. Zhang, Mr. Chen." Long Ming exchanged pleasantries, and then went straight to the point, "I'm here today just for Taylor's listing."

"Mr. Long." Zhang Kaitai smiled, very hypocritically, "You smell money. We have talked with several brokerages, but the terms of the two parties could not be reached."

"Of course there won't be an agreement." Long Mingyi said, "You want to go public and don't want to take risks, but brokers are the same."

"So, what is Mr. Long's purpose here?" Chen Qide asked: "I guess Mr. Long is here to give advice."

"No, I'm here to make money." Long Mingyi's smile was thought-provoking.

"Make money?" Zhang Kaitai and Chen Qide didn't understand.No one is willing to underwrite Tailai Company, so how to go public?What will Long Mingyi do?

"I'm really here to make money." Long Ming smiled.

(End of this chapter)