my life reset

Chapter 287 Seeking common ground while reserving differences
Chapter 287 Seeking Common Ground while Reserving Differences

Mingkang Communications has not been listed on the stock exchange for a long time. The main reason is not because the company's performance is not good, but because of the shareholding structure.

Mingkang Communications was first registered as a company in Silicon Valley of the United States, and later established a subsidiary in China.Later, due to the shareholding of Populus euphratica and Lu Yali, the nature of the company has changed, but Gao Mingkang has not changed the company.

It now appears that Gao Mingkang has not given up his plan to go public in the United States from the very beginning.

"Sister Lu, the issue of Mingkang Communication is a bit complicated. After Mr. Gao comes back, the three of us have to sit down and discuss it. Personally, I don't want to go public on NASDAQ. In fact, according to the company's current In the case of domestic listing, there is no problem, but the premise is that the company needs to make changes.”

Hu Yang's meaning is very clear, Gao Mingkang's part of the shares should be changed to his personal name, instead of always hanging under the name of the shell company in Silicon Valley.

"That's the truth. I mentioned it to Mr. Gao a few times, but he didn't take it seriously. I am firmly on your side in this matter."

If Hu Yang and Lu Yali have a unified understanding of the company's major events, it will basically be a foregone conclusion.

"Okay, we still have to have a good talk with Mr. Gao later, so as not to make him feel resistant."

Hu Yang looked at the time, and it was getting late, so he ended his first day of inspection at Mingkang Communications.

In the next few days, according to the schedule, Hu Yang went to various companies and arranged a whole day of inspection time.

Overall, the companies are doing well.Hu Yang also pointed out some minor problems in time.

For example, Huanyu Laser has the problem of high management costs, especially Cai Tianxing, who doesn't feel bad about spending the company's money.

Of course, Hu Yang's opinions are binding on most of the participating companies.But this does not include Huanyu Laser.As a major shareholder who gave up control, Hu Yang can only restrict Cai Tianxing at the board of directors and shareholders' meeting. He lacks effective checks and balances in his daily management work.

In fact, this is not a big deal for Populus euphratica.

Under effective financial supervision, Cai Tianxing at least dare not openly embezzle the assets of listed companies.And the most critical point, Hu Yang is ready to withdraw funds at any time.

According to Cai Tianxing, he also does not plan to distribute cash dividends for the company's profits last year.Still the old way, he proposed to give out shares, which is still 10 shares for 6.

Hu Yang didn't object. He made up his mind that after the stock distribution, ex-rights and re-filling of rights, he will continue to reduce the shares of Huanyu Laser.

Among these companies, the most interesting company is Shengyi Electronics.

This company is still as stable as ever, with stable operations and stable performance. Even the estimated distribution plan is still 10 yuan for 1 yuan.

Although Hu Yang doesn't like Chen Hao very much, he still admires his management methods and ideas.

After the inspection of Shengyi Electronics, he didn't say anything. He felt that even if he was allowed to manage the company himself, he couldn't do better than Chen Hao.

After finishing the inspection and inspection activities of all enterprises, Hu Yang authorized Ye Chong, who was far away in Shanghai, to go to Xintong International, and then submitted a very detailed inspection report to Hu Yang.

According to the report, the profit of Xintong International has increased greatly, and the net profit for the whole year of last year is expected to be around 5000 million yuan.

Don't underestimate this inconspicuous statistic. Xintong International originally planned to operate with long-term meager profits.

The higher the industry chain is, the more difficult it is to enter.Facing the pressure of funds, external competition, and pressure from industry giants, it is not easy for Xintong International to achieve this achievement.

Hu Yang estimated that by this year, the profits of Xintong International will continue to increase significantly, and it is foreseeable that the total profits will exceed [-] million.

"Mr. Hu, Mr. Lu called just now, saying that she and Mr. Gao will arrive at the company in an hour."

This morning, just after Hu Yang and Mu Shaoqing finished talking on the phone, Lin Yan came in to report.

In fact, Hu Yang has been waiting for the arrival of Gao Mingkang and Lu Yali. Mingkang's communication matter cannot be delayed any longer.

"Mr. Gao, I have two opinions. First, the company can no longer be a subsidiary of your company in Silicon Valley. After the change, we will first consider listing on the mainland, followed by the stock exchange.”

Hu Yang expressed his thoughts very simply.

Gao Mingkang pondered for a long time before saying: "Mr. Hu, I have no objection to the company's change. According to the current shareholding structure, it is indeed inappropriate to have another subsidiary company. However, I don't quite understand why you would object What about going public in the US? Our future goal is to become a multinational company, so why not consider attracting international capital now?"

Lu Yali shook her head and said, "Mr. Gao, it's not that we have become an international company after being listed in the United States. This depends on where the company's market is. I think some of Mr. Hu's worries are justified, anyway. It is financing in the capital market, which market is different?"

Gao Mingkang has always felt that the United States is the most technologically advanced country in the world, and the company should find a way to integrate into this country.How can you oppose going public in the United States?

"Mr. Hu, Mr. Lu, I still stick to my point of view. Of course, if the two major shareholders have made a decision, I will obey your opinions."

Although a little reluctant, Gao Mingkang still expressed that he would not fight.

It’s good not to confront. Some things can’t be figured out. You can think about it slowly. Seeking common ground while reserving differences is also a business philosophy.

Hu Yang and Lu Yali looked at each other, and they both breathed a sigh of relief.

"Mr. Gao, that's it for this matter. Regarding the change of the company, we must hurry up. Alright, it's almost time for dinner. I'll invite the two of you to have Cantonese cuisine at noon."

After talking about the company, the atmosphere in the conference room improved a lot.Gao Mingkang is not a very twisted personality, he can distinguish between public affairs and private affairs.

After resolving some differences, Mingkang Communications quickly completed the company change procedures.

The name of the company became "Mingkang Communication Technology Co., Ltd.", and the part of the equity previously held by the American company was also transferred to Gao Mingkang's personal name.

In fact, the sole proprietorship in Silicon Valley was originally a shell company. If Gao Mingkang hadn't thought about it, it should have been cancelled.

After the change, the shareholding structure of the company remains unchanged.Among them, Hu Yang's Huijia Holdings accounted for 46% of the company's shares, Gao Mingkang 25%, and Lu Yali 21%.

Then, Mingkang Communication officially launched the plan to go public in China.

"Huhu, finally solved a big problem."

The problems left over from the history of Mingkang Communication will become more troublesome the longer it is delayed.Now that it is completely resolved, the company will go further.

However, the beginning of the new year is not all good news.

The lawsuit between Xintong International and Taipower has gradually entered a critical period.

After the re-trial, the judge ruled out several photos submitted by Hu Yang, believing that the source of the evidence was illegal.At the same time, part of the evidence submitted by Taipower was also excluded. Generally speaking, Xintong International is at a disadvantage.

"Dr. Zhang, how is the development of the company's next-generation process technology? The current lawsuit is not good for us, so we need to be prepared."

Hu Yang called Zhang Rulin and discussed the company's response plan.

"Mr. Hu, the current research and development work is going relatively smoothly, and it is estimated that it will be put into trial production next month. In the new process technology, we have completely abandoned the few technical points that Teclast is holding on to, and are suspected of infringement. No more excuses will be given to them."

What Zhang Rulin means is that as long as the company adopts a new manufacturing process, it can completely get rid of the trouble of infringement allegations.

This has a taste of stop loss in it, which also shows that the company has not allowed the deterioration of a certain situation.

"Well, that's good. If we can adopt the new process as soon as possible, even if we lose the lawsuit, it will not affect the company's future production and operation activities."

If the company loses the lawsuit, due to the different degree of infringement, the liability of the judgment will be obviously different.

As for Hu Yang, he would rather lose some compensation than Zhang Rulin leave Xintong International.

"Mr. Hu, don't worry, I will speed up the research and development process here. Then hang up first, and I will contact you in time if there is any news."

Zhang Rulin is also busy running around now, wishing he could use it for two days a day.

Now the domestic semiconductor industry is struggling, not only facing technical difficulties, but also facing the blockade and suppression of others.There is really no other way but to work harder.

For this matter, Hu Yang went to Xiangjiang to talk with the lawyer team.He believes that if the other party's conditions are not very harsh, an out-of-court settlement is also acceptable.

What's more, after the first-instance judgment, if it is unfavorable to the company, it still needs to go through the appeal process.Not for anything else, just to delay time.From the perspective of the lawsuit itself, the longer it drags on, the more beneficial it will be for Xintong International.

Just when the lawsuit with Xintong International was in full swing, there was a sudden problem within Taipower.

Meng Rusong finished his vacation and returned to Baodao with his wife.The beginning of the new year was the peak time for the company's personnel adjustments. Meng Rusong felt good about himself, and it was time to get the position of head of the production technology department that had been vacant for several months.

In terms of contribution to the company, Meng Rusong deserved the position of technical director, not to mention the head of the biotechnology department.But in the company's top management, many people don't like this "geek" who is not easy to control, and Meng Rusong's expectations have been dashed.

In Taipower's personnel adjustment this time, not only was Meng Rusong not promoted, but he was marginalized instead.How could he, who was so proud and arrogant, accept it?
In a fit of anger, Meng Rusong quarreled with the president, then resigned and left Taipower.

By the time Hu Yang knew the news, Meng Rusong had already arrived in Shanghai alone.

(End of this chapter)