Back to 1980: Please Love Me Again

Chapter 403 Baishan Electric goes public
Pingyang City, nursing home community.

The trip to the north was full of rewards, enough for everyone to digest for two years. Until the disintegration of Big Brother at the end of 1991, all the efforts and arrangements will finally usher in the harvest.

After returning to Pingyang City, everyone seemed to wind up the clockwork, continuing all the work quickly but methodically.

Just like every Chinese who is working hard at this time.

Everything is accelerating, and so is Huaguo's development.

Just in July of this year, the Huaguo capital market ushered in a historic event: the Shanghai Stock Exchange officially opened for business!
Eight companies, including Feilo Acoustics, Yuyuan Shopping Center and Yanzhong Industry, became the first batch of listed companies in Huaguo.

Baishan Electric is also among them!

Stock code 600603.

As the first and only listed company in Qilu Province, Baishan Electric instantly set off a boom in the province, and everyone is proud to buy Baishan Electric.

Zhao Xuelei also truly realized the true meaning of going public that Zhao Wenmu once said.

This is just the beginning.

With the establishment of the stock exchange and more and more stocks being issued and listed, people in Huaguo have paid attention to stocks. Rumors of getting rich overnight are wandering in the streets and alleys, and more and more people have started to engage in stock trading.

All of a sudden, countless people packed their bedrolls and headed for the Shanghai and Shenzhen stock markets.

The long queues in front of the stock exchange did not abate even for days and nights.

Under this kind of enthusiasm, the small number of stocks that have been listed are quickly fired into the sky.

The market value of Baishan Electric once even exceeded 100 billion!
This is completely out of its actual value at the moment.

Of course, its market value will far exceed trillions in the future, but that is a distant future that no one can predict.

Zhao Xuelei came to Zhao Wenmu excitedly holding a newspaper that published an article "Baishan Electric's market value exceeded [-] billion", just like a child showing off his new toy.

Holding the newspaper aloft, he read excitedly:

"The market value of Baishan Electric has exceeded [-] billion, which reflects the capital market's recognition of its outstanding performance and confidence in its future development. The fundamental reason for the steady growth of Baishan Electric's performance for many years is that its excellent products have been recognized by consumers..."

Zhao Wenmu really wanted to ask, did your old man give the reporter money?

"Second Uncle, the capital market is always very impetuous. It may be 100 billion today, but only a billion tomorrow, and even tens of billions after a while. We only need to make good products with our hearts, and pay too much attention to other things. It's not a good thing."

"Don't even think about manipulating the stock price, it's illegal!"

Zhao Wenmu was afraid that he would accidentally step on the red line.

After all, many companies in later generations are keen to engage in market value management.

The problem is that most of the so-called market value management of Huaguo enterprises is insider trading and market manipulation.

How many companies conduct legal market value management for the benefit of shareholders?
Of course, there are some. For example, some companies with good performance will carry out equity repurchase when the stock price is low, and then cancel the repurchased shares.

Remember, it is to log out.

It is definitely not used as an equity incentive.

Those so-called equity incentives are nothing short of a joke, buying stocks with shareholders' money and then distributing them to the management.May I ask how many companies are really trying to stimulate performance?

"Okay, I made a note!"

Zhao Xuelei nodded perfunctorily.

Why is he manipulating stocks? !
As the village head of Shanqian Village, all the equity belongs to the village collective, and has nothing to do with him personally.

Moreover, the shares held by Shanqian Village and Zhao Wenmu are all non-tradable shares and cannot be traded in the secondary market at all.

That is to say, the large and small non-stocks with Huaguo characteristics.

Why does he want to manipulate the stock price?Isn't this full of food?
Zhao Wenmu just reminded him so that his second uncle would not be used by others.

Zhao Xuelei is a principled person who is neither greedy nor appropriative, and he believes that nothing will happen.

As long as people restrain their desires, it is difficult to be corrupted and corrupted.

As for Zhao Wenmu himself, he has never planned to reduce his shareholding in Baishan Electric, and he doesn't care about the stock price at all.

Of course, if the stock price is too low, he may increase his holdings.

The company may also be advised to buy back shares.

This can be regarded as protecting small and medium investors.

These small and medium investors, who are also consumers of the company's products, must protect their pockets and not let others harvest them.

They have made money in Baishan Electric's stock, so they are naturally willing to spend money to buy Baishan Electric's products. Isn't this the reason?
The listing of Baishan Electric made Jingyun Group and Junmu Group envious.

In contrast, the latter two are far superior to the former in terms of size and profit.

But their availability is nowhere in sight.

Zheng Meiyun and Zhao Wenjun received instructions from Zhao Wenmu early in the morning. These two companies are not considering going public at present, and there is no need to waste manpower and material resources on this matter.

There are countless jobs waiting to be implemented. Anyway, there is no shortage of money. Isn't listing yourself asking for trouble?
They also have to disclose their financial status every year.

The Junmu Group spends hundreds of millions or billions of money every year. Can you tell where the money comes from?
Zhao Wenmu is now completely using the money earned overseas to support the progress of agricultural science in Huaguo, and the effect is immediate. Pingyang City is now the highland of agricultural science in the country.

Shouguang, Zhucheng and other places in the Changwei area next door came to learn advanced planting techniques and introduce new varieties of high-quality crops.

The peasants in Pingyang really lived a good life.

In the next few decades, Pingyang City has really embarked on a different path, a path of common development and simultaneous prosperity for farmers and citizens.

Instead of achieving rapid development by sacrificing some groups.

As a farmer's son, Zhao Wenmu has put a lot of effort into this, and is extremely happy about its success.

When Baishan Electric came into the market, Jingyun Auto Parts Factory finally took the next step.

Formally entered into vehicle production.

In the early stage, Rong Zhenyi led the way, and imported a full set of technology and production lines from Sakura Country.

Zhao Wenmu would rather do this than take the path of joint venture with foreigners.

Jointly producing cars with foreigners and trying to exchange technology through the market has proven to be a failed path in his previous life, so there is no need for him to waste time and emotion.

Instead of this, it is better to take the path of imitation-innovation.

Although it will be difficult.

It's hard.

He has already expected that Jingyun Automobile will face the pressure of competition from foreign automobile manufacturers, domestic joint venture manufacturers and domestic automobile manufacturers at the same time.

Of these three, you have me, and I have you. Whether it is capital, technology, or the right to speak in China, it is far better than Jingyun Automobile.

But it's okay.

Jingyun Auto can afford it.

Fighting a protracted war, Jingyun Automobile is not afraid.

Time flies by like this, and it is the end of the year in the blink of an eye.

Zhao Wenqiu and Gu Anhui's wedding is approaching.

(End of this chapter)