The sponsor of Xifeng Company listed in Hong Kong City is BNP Baifuqin. Although Taurus Capital also has a securities operating license, the major shareholders of both companies are Song Weiyang, and it is possible that they will cause trouble during the review of the Stock Exchange. Taurus Capital also participated in it. Although it is not the sponsor, it also serves as an intermediary and does not flow to outsiders.

When Xifeng was restructuring its departmental structure, the company name also changed, from "Xifeng Food and Beverage Co., Ltd." to "Xifeng Food and Beverage Co., Ltd.", and the original shares were issued to all internal employees (more than one year of employment).

The "original stock" thing was extremely attractive in the 1990s, at least in the mainland.

The reason is that the securities market is not well developed, and companies and investors are immature. They fall below the issue price? It does not exist. In the 1990s, any company that could go public must first rise a few times at the beginning of listing. Original stocks can make almost 100% profit.

Therefore, the wealth myth of original stocks has always been circulating among the people: a state-owned enterprise reforms its shareholding system and is preparing to go public, ordinary employees can also get a small amount of original stocks, and some employees even borrow money to buy original stocks everywhere. Once this state-owned enterprise is listed, the original stock of 1,000 yuan will become tens of thousands in minutes, making the neighbors envious.

This situation is very common, so the more it spreads, it becomes more and more evil. In the end, a worker invests a few hundred yuan, and instantly makes hundreds of thousands of dollars after going public. Some people really believe that, and the lower the people, the more they believe in this kind of rumors, dreaming that their company can also go public.

Let’s talk about Rongping City. Wuliangye, the next city, was launched not long ago.

As Wuliangye continues to expand its territory and cannot provide enough funds for the time being, some farmers who have been demolished around the area have also received a small amount of original shares. Therefore, the "insider information" reached Rongping City, which became: a farmer occupied the land by Wuliangye, and the compensation for arable land was not enough, and he got 100 shares of original shares. At the beginning of the year, the farmer complained everywhere and even went to the municipal government to petition. Hehe, not long ago, Wuliangye was listed, and the original shares in the hands of the farmer were worth 100,000 yuan!

When the news that Xifeng Company announced the sale of its original shares was heard, it caused a violent response. Many ordinary employees ran around just to borrow more money to buy stocks.

Even some people who are not Xifeng employees are drooling about this and rely on their relationships everywhere to go through the back door.

Employees from branches and sales branches in various places also responded positively, and some even postponed their wedding dates and used their marriage money to buy original shares.

Xifeng's senior executives were overwhelmed and could only expand the issuance of original shares while placing the purchase limit for each employee. Moreover, the higher the level and the longer the service life, the more original shares can be purchased and have the right to subscribe. Those who are ranked behind may not be able to buy them even if they want to.

Senior executives including Yang Xin, Zheng Xuehong, Chen Tao all took out all their savings to subscribe. Not only did their shares not be diluted, but they also took the opportunity to rise a little - Song Weiyang lent them money, but in fact they were giving away shares in disguise, otherwise they would not have given so much money.

In a word, Song Weiyang is giving money!

The effect is very obvious. From high-level cadres to low-level employees, the work enthusiasm has been improved one level as a whole.

Many ordinary employees who prefer conservatives were not interested in original stocks. But they were soon infected by this atmosphere and took out their spare money to buy 10 shares and 20 shares in small amounts. When they walked out, they could pat their chests and say to others: "I am now a shareholder of Xifeng Company!"

By the time the internal issuance of the original shares was completed, Song Weiyang's shares shrank a lot, and the equity structure became: Song Weiyang (56%), Song Qizhi (18.5%), Guo Xiaolan (8%), Yang Xin (5.5%), Zheng Xuehong (5.5%), Chen Tao (3.5%), and other employees held shares (3%).

Suddenly, the company's cash volume increased by 120 million yuan, and Song Weiyang borrowed tens of millions to buy stocks for the company's senior management.

The senior cadres of Xifeng will definitely be moguls in the future, but now they owe Song Weiyang a lot of debts, and all they receive is the original shares that cannot be cashed out for the time being.

At the same time, people from BNP Baifuqin and Taurus Capital have also settled in Xifeng Company to investigate the company's situation, problem diagnosis, professional training and listing business guidance. Until mid-November, Baifuqin completed the inspection of Xifeng Company and submitted the listing application documents to the securities regulatory department of Hong Kong City.

Baifuqin is still very powerful. Vice President Liang Botao’s former partner was the former vice chairman of the China Securities Regulatory Commission. This person is also one of the founders of Baifuqin (now he is not doing serious business and is specifically used as a nanny for Li Chaoren’s son).

On the one hand, Baifuqin has strong relationships, and on the other hand, Xifeng Company is also capable. The preliminary review took only a few days to pass, and officially passed the listing application of Xifeng Company in early December.

The speed is so fast!

Of course, this has a general environment. Now the Hong Kong City stock market is in a recovery stage, and companies with good performance are in urgent need of more fireworks and fire. Yang Xin began planning to go public the year before yesterday, with relatively complete preparations and no loopholes were found in all aspects.

At the end of the year, Yang Xin left his job and took Chen Tao to Hong Kong City to do an "ipo roadshow".

The roadshow effect is still very good, and Song Weiyang's influence is also included. Mainland Ding Cai, a stock god, and a man who is against Soros, also showed his outstanding talents in the book "The Future Belongs to China". Financial institutions are very confident in Song Weiyang and Xifeng Company with good performance.

After repeated accounting and discussion, the total listed share capital of Xifeng Company was set to be 3.8 billion shares, of which 1 billion shares were newly issued shares, including Baifuqin, Taurus Capital, Citibank, Bank of China Investment, HSBC and other institutions that are willing to subscribe or underwrite.

Moreover, the issue price is set at a relatively high price of HK$1.5 per share.

The listing date of Xifeng Company was determined as January 1, 1999.

Of course, this will happen a few months later, let’s talk about it now.

The first batch of Xiaolingtong, which is produced by Shenzhou Technology Company, has started to be released. After 7 months of repeated testing and modification, the Shenzhou Xiaolingtong motherboard is not inferior to Taiwanese companies' products. At least Xiaolingtong users do not feel any difference.

As Shenzhou Technology's Xiaolingtong business is in full swing, Huawei has also started GSM technology research and development this summer - and then it exploded. President Ren was so anxious that he wanted to jump off the building, so he looked for people to raise funds everywhere, and borrowed money from banks everywhere.

Speaking of Huawei's GSM R&D project, Huawei's senior management characterized it as "ignorant, arrogant and arrogant". They didn't know anything, went in recklessly, and then got trapped. They could only do it with their teeth and do it down, and at the same time they were crazy suppressed from all sides.

In the early 1990s, the leader of China's landline network equipment was Bell Telephone Company, and you can tell that it was a foreign company by name.

Foreign companies did not take Chinese local enterprises seriously, so they paid a heavy price. The landline equipment business was snatched away by the "Jiu (Dong) Da (Tang) Zhong (Xing) Hua (Wei)" in a few years. Now that we learned that Huawei was going to make GSM equipment, foreign companies suddenly became alert. The head of the mobile business of Bell Telephone Company even said: "I would rather be removed from office because of the low price than lose the market!"

Therefore, when Huawei's GSM project research and development achieved results, it was the first time it participated in the bidding, and it was suppressed by foreign companies such as Ericsson and Bell. Foreign companies first falsely reported a very high price, and Huawei foolishly lowered the bid price, but the bidding prices of foreign companies collectively plunged, which was astonishingly low.

Huawei's turnaround is the development of the world's first mobile intelligent network technology based on new international standards. Mobile companies have used this technology to establish the "Mobile Dream Network".

At that time, major foreign companies signed private agreements for smart networks, and each user was charged US$300. Huawei was so awesome that it directly priced at more than 100 yuan, which was only one-twentieth of the price of foreign companies, which stunned the officials of the mobile company.

What is the price of a butcher who cuts halfway?

You have a price cut of one-twentieth!

The mobile smart network technology developed by Huawei also made Internet companies such as Tencent, Sina, Sohu, and NetEase survive. At that time, the Internet bubble was burst, and network companies could not find any profit points. Mobile Dream Network brought huge profits to these companies, otherwise they would not know how to survive.

That happened after 2000, and now Huawei’s funds are being drained by R&D projects bit by bit.

Even so embarrassed that he fooled his employees!

Huawei established an internal bank for a company and issued a sunshine card to employees. The salary was all included, and the interest rate was higher than that of other banks. Those stupid programmers kept all their wealth in internal banks, and even the bonuses and dividends at the end of the year were fooled by their leaders to purchase Huawei's virtual restricted shares.

Once the Huawei GSM project goes bankrupt, these employees will lose all their money!

At the same time, I don’t know who instructed me. The relevant departments received more than 3,000 letters of complaint, saying that Huawei owed workers 10 billion wages, owed customers 10 billion in payment for goods, and owed the government 10 billion in taxes.

Although the relevant departments ignored these exaggerated false accusations, the letter was exposed for no reason and even reported by the media. Most of Huawei's customers are enterprises, institutions and government agencies. The heads of the unit were afraid of taking political risks and dared not cooperate with Huawei again, resulting in Huawei not receiving an order for half a year.

Not only that, Huawei used to jointly establish sales companies with local telecommunications bureaus, seizing a large number of markets. Now, the telecommunications bureau has been ordered not to open such companies and clean up and settle all of them, and Huawei's close relationship with telecommunications has been broken.

If you can't receive the order, the company's funds have bottomed out and you have to invest huge R&D expenses. This is the dilemma of Huawei from 1998 to 1999.

In early November, Song Weiyang received a call from Shenzhou Technology.
Chapter completed!