Super Copy of Great Power Technology

Tang Xiaoman was born and raised in Decheng City and knew very well about the long-standing and large-scale Decheng Automobile Factory. He found it hard to understand when he heard that his frivolous son-in-law had taken over the Decheng Automobile Factory.

Qiao Ruida took a sip of coffee and explained patiently: "In the past two years, our Ruida Technology has made a lot of money in e-commerce and mobile phone business, amounting to tens of billions. With so much money in the bank, we can only rely on That little interest can't beat inflation. If you want to maintain value and get promoted, you can only invest it. After comprehensively considering various industries, we decided to invest in establishing an automobile production company and enter the automobile industry. The Decheng Automobile Factory in our city, The situation is indeed quite bad, with poor management, insolvency, too many employees, and overburdening.

But this company is not without its advantages. First of all, it has a very long history. From an old state-owned enterprise to a mixed-ownership enterprise, it has experienced great successes and failed. The technical level of the remaining middle-aged employees is still very good. of. Secondly, as an old state-owned enterprise, Decheng Automobile Factory covers a very large area. It not only has a large number of production plants and warehouses, but also a test track with relatively complete facilities. Moreover, Decheng Automobile Factory has the production qualifications for fuel cars and trucks, as well as the production qualifications for new energy vehicles. The above are exactly what the newly established Ruida Automobile Factory needs most. This is the old saying that is arsenic for others and honey for me.

Decheng Automobile Factory is one of the two car companies carefully selected by our team after inspecting many domestic car companies on the verge of bankruptcy. After acquiring Decheng Automobile Factory, we had a huge factory building, a test track, and thousands of skilled workers, which laid a solid foundation for the establishment of Ruida Automobile Factory. "

Tang Xiaoman nodded and said, "What you said makes sense. Decheng Automobile Factory, as an old state-owned enterprise that has been established for decades, still has some wealth. However, the successive leaders of the factory were all ignorant and incompetent. Knowing that they were lining their own pockets and without any management ability, they ruined a good star company into what it is today. After you, Reda Technology, took over, you should make a good rectification and kick out all the factory leaders who were doing nothing. Maybe you can You have accomplished something. Forget it, I don’t know much about the automobile production field. Let’s continue talking about your company’s listing. According to the news I know, domestic Internet companies, especially e-commerce companies, They all traveled across the ocean to be listed on Nasdaq in ugly country. Why do you want to list your Ruida Network Company in China?"

Tang Xiaoman is not an ordinary housewife, but a businesswoman who manages Tang's Clothing, a listed clothing company. Therefore, she is quite familiar with the listing policies of domestic and foreign companies, so she asked this question.

Qiao Ruida pondered for a moment and said: "The reason why domestic e-commerce companies such as JD.com, Alibaba, Dangdang, and Vipshop went public in Chou Country is because their companies had been losing money before going public. It all depends on one round after another. Supported by the huge amount of funds obtained from this round of financing, it continues to attract users and expand its scale. If a company wants to be listed on the domestic A-share market, there is a rigid requirement that it must meet, that is, the company must continue to make profits in the past two years. These companies above, If they do not meet this requirement, they cannot be listed in China at all. However, there is no such regulation in Chouguo's stock market, which has attracted domestic e-commerce companies to go to Chouguo to build bridges for listing.

In addition, in order to maintain absolute management rights over the company in rounds of financing, the founders of these companies mostly adopt the AB share system of the same shares with different rights. The domestic stock market does not recognize the AB share system at all. This alone blocks the way for these e-commerce companies to be listed in the country.

The situation of our Ruida Network Company is completely different. Ruida Mall has been making huge profits from the day it went online. Even in the first half of this year when it was frantically deploying warehouses and building a distribution network, Ruida Mall still maintained a profit margin of more than 10%. Moreover, since our company was founded, we have been relying on our own funds to continue to grow and develop. We have never carried out financing, our shares are relatively concentrated, and there is no so-called AB share system. From these two points, our Ruida Network Company fully complies with the relevant regulations for listing in China. "

As a reborn person, Qiao Ruida had witnessed the tragic experience of Chinese concept stocks in the U.S. stock market in the next few years after the sweater war started in her previous life. It is not uncommon for companies to be short-sold and sniped. It is not uncommon for companies to be audited inexplicably, fined, and forced to hand over company confidential information. It is not uncommon for companies to even be forced to delist. Qiao Ruida didn't want her company to be listed in a foreign country and be repeatedly exploited by Wall Street capital. It would be safer to list it domestically. Although our large A-share market has chaotic management, rampant bankers and stocks, and excessive speculation and investment, it is a place that adheres to rules and laws. As long as the listed companies do not make false accounts and do not mess around, there is still no way to protect their own interests. questionable.

Tang Xiaoman said in surprise: "Oh, your company has never raised funds since its establishment. This is really rare among Internet companies. Then the share composition of Ruida Network Company, which you are about to list, What is it like, do you have absolute controlling rights?"

"Before last year, Reda Technology Company had always been my sole proprietorship. After the spin-off of Reda Network Company, in order to comply with listing requirements, it has gone through a round of share reform. Now I hold 60% of this company Qingqing holds 10% of the shares, the Employee Stock Ownership Association holds a total of 20% of the shares, and company executives such as Xie Fei, Li Xiaoshuang, Liu Jiayu, etc. hold the remaining 10% of the shares. After Ruida Network Company is listed, it will still About 30% of the shares will be released, and my personal shareholding ratio will be further reduced by then, but the combined shares held by Qingqing and I will still remain above 50%, so there is no problem in maintaining control of the company. ." Qiao Ruida explained the share structure of Ruida Network Company in detail. After the company is listed, this information will be disclosed to the public, and there is no need to keep it confidential.

"Oh, Qingqing also owns 10% of the new company's shares. You are really generous. With the current user scale, sales volume, and profitability of Ruida Mall, Ruida Network Company's market value will be at least hundreds of billions after its listing. 10 % is tens of billions, so much money is given to Qingqing in vain, don’t you feel bad?" Tang Xiaoman did not expect that his daughter would hold such a high shareholding in the upcoming Reda Network Company. This is really unexpected. happiness. (End of chapter)