King of Capital

Chapter 18 Utilitarianism
In the afternoon, Xie Jingxing assigned tasks to Zhao Mengche and others and asked them to continue updating and improving the minor flaws in the prospectus. He then personally assisted Qi Tian and the other two in writing PPTs while they were going to a meeting to make a report.

The content of the report is mainly divided into three parts. There is nothing much to talk about the overall progress of the project and the update of financial data. The main bonus content is "business and technology, fundraising and investment".

The issuer is a semiconductor manufacturing company, and the only environmental protection business concepts involved are energy conservation, emission reduction and chemical cleaning. After deducting the water in the original manuscript, Xie Jingxing had limited room to play, so he focused on the macro and policy aspects of industry research.

First of all, in terms of the industry, companies themselves are actually proactive in environmental protection, which involves the issue of cost. Take the issuer in the prospectus as an example, a large part of the production cost is electricity; for example, the International Air Transport Association is currently releasing the wind to improve fuel efficiency, formulate emission standards, and pay carbon tax for the excess.

It can be said to be energy conservation and emission reduction, but in essence it is cost reduction and efficiency improvement.

Secondly, in terms of policy, as early as the year before last, major domestic conferences emphasized the concept of energy conservation and emission reduction, and established carbon emission trading pilot projects in many places, that is, carbon emission rights were traded in the secondary market as commodity futures.

The issuer company has a set of self-developed technologies for the preparation and application of environmentally friendly cleaning agents, and is constantly optimizing the production process, firmly grasping the general direction.

It may not sound very sci-fi, but its credibility is unquestionable. This is the new trend in the entire industry.

Excluding the factor of bragging, Xie Jingxing really felt that if this company devoted more resources to the concept of environmental protection, it would have a promising future.

Of course, this company itself is fictional and can only be thought about and not taken seriously.

"Hearing you talk like this, I want to start an environmental protection business." Qi Tian gave a thumbs up and flattered.

Xie Jingxing shrugged: "The person who came to attend the report meeting should be the big boss of Juntai's semiconductor business. When you speak, you must distinguish the primary from the secondary. Environmental protection is a plus point, and the issuer's main business of photoresist is the focus."

"I looked up some information. The photoresist industry itself also has an environmental protection concept. Don't we talk about this aspect?" Feng Shuo reminded tactfully.

Xie Jingxing shook his head in denial: "Too weak, he will be fought back on the spot."

He knows the prospects of more advanced and sci-fi environmental protection concepts, but just like when he questioned the issuer's description of supplying monomer products to Samsung and Sumitomo, he can brag but cannot be too unrealistic, or he will be directly criticized by a bad-tempered buy-side researcher in the meeting.

You have to be down-to-earth and have traces to follow. Hope is something more precious than diamonds, provided that it is hope that investors can understand, rather than imposing hope that they cannot understand on them.

"Or I won't go. You should go yourself. I'll feel more confident." Qi Tian said what he had been struggling with in his mind for the whole afternoon.

"When I was interning at McKinsey, my senior often told me the word 'be proactive'. He said this word is more important than integrity and kindness in the workplace."

Xie Jingxing patted his shoulder: "To be honest, it took me several years to understand the true meaning of this word - you are ruthless, I am more ruthless than you. President Tang and President Su want to maintain the authority of their instructors, and I want to maintain the work results of the project team I lead."

"I asked you three to make the report not out of modesty, but for myself, to prove that President Tang's criticism was wrong. She had no reason to scold my people in front of me."

Xie Jingxing stood up and glanced at Stanford: "And you also need to be proactive. There are only three places for admission. Cooperation and competition are not in conflict."

"The meeting time is almost up, let's check the online meeting equipment in advance."

Stanford breathed a sigh of relief and left with the dazed Qi Tian and Feng Shuo.

After the conversation in the smoking room in the afternoon, he felt that he had just seen through Xie Jingxing's true colors. This man had a coldness in his bones. Whether he was leading everyone to work, or defending the instructor, or even making the unbelievable speech without any emotional intelligence, his actions were completely based on the logical self-consistency of utilitarianism.

Qi Tian's idea of ​​making friends through personal connections is wishful thinking. The best response is to give a good report and a nice ending to the "updated IPO project". In the future, if there are cooperation assessments, they can strive to work on projects together and be led by others.

Since Su He used his personal connections to ask a colleague from the Shanghai branch to act as the examiner for the project report meeting, the meeting was held online, and Xie Jingxing and other interns attended online.

There is no picture, only the sound can be heard, and the changes in the expressions of the instructors cannot be seen.

But it did not affect Zhao Mengche's opinion that the changes in the mentors' expressions were very exciting, especially when Qi Tian explained the concept of environmental protection and answered the branch examiner's consecutive questions fluently, and the latter forced the topic back to the prospects of the semiconductor industry.

Not only her, all the interns were smiling as if they had won a victory.

At the end of the meeting, the examiner from the branch who was not aware of the situation gave a high evaluation to Qi Tian, ​​and also gave a high evaluation to Feng Shuo and Stanford, saying that this was a complete work team, everyone had a clear division of labor and knew what they should do, and the future was promising.

Tang Man once suspected that this guy had climbed onto Su He's bed and was deliberately trying to disgust her... What a bitch!

He cursed fiercely in his heart, then turned around and vented his anger on He Chuan.

She hinted that tomorrow the interns and instructors would be selected in both directions. She hoped to recruit Xie Jingxing as her own. If not, you should go to Africa for a field study and write a research report on the AIDS medical industry.

He Chuan was in tears. He was in the underwriting business, and Tang Man was the MD of private equity financing. It stood to reason that the latter should not treat him like a slave.

But the reality is usually unreasonable. He has been in the industry for six or seven years and is still a VP. I can’t imagine what he would be like if he could continue to work longer. There are a lot of VPs in their forties in leading securities firms like Juntai.

He really wanted to make progress and wanted to cross the ceiling between VP, a migrant worker and a boss, by transferring internally to the private equity financing department, so he could only be exploited by Tang Man.

In addition, private equity financing business is quite special. Some companies need financing but cannot disclose information to raise funds from the public due to various problems. At this time, investment banks can act as intermediaries and help contact private equity funds such as Sequoia, Innovation Works, and Penguin Capital for financing.

Juntai itself can also participate in private equity financing. It has a subsidiary that runs a private equity fund, and its own investment ratio is not low.

In other words, Tang Man not only has strong personal connections, but also indirectly has the power to decide how to spend money.

Why do people working in the secondary market have such high standards and always stand on the top of the contempt chain no matter how the industry develops and changes? It is because those guys in the secondary market have the right to spend money!

It can be said that Tang Man has a big and thick leg. He Chuan ran back and forth day and night and took a lot of effort to hold her up, so naturally she couldn't be kicked down.

So after get off work, I reluctantly ordered a table of takeout and ran to the interns' dormitory under the pretext of celebrating the move, but in fact I was testing the waters to find out the truth and to prepare for the instructor's selection of interns tomorrow.

　There will be more later

　　
　
(End of this chapter)