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Chapter 242 Adverse Effects

"Hi, Xiao Jin," Feng Yiping squeezed out of the crowd and called Jin Ling, "I have something to discuss with you."

"What's going on?" Feng Yiping closed the office door, "You have been here all these days, why can't you see your people?"

He didn't notice that Jin Ling was really avoiding him.

Feng Yiping had no impression of what he said in the car after getting drunk, but Jin Ling never forgot.

"I thought everyone was as idle as you, don't you know how much things happened before going public? Don't you know how much preparations you have to do for a roadshow?"

With the help of American venture capital companies that are eager to invest in other projects under Feng Yiping, Yijia Express Hotel, which has good performance, good prospects and simple company structure, has obtained a license notice for the effective date of Nasdaq listing and is initially scheduled to be listed on December 6th.

It was all good, but just a few days ago, at the end of October, the domestic telecom giant, China Telecom, was scheduled to be listed on the New York Stock Exchange next Wednesday, November 6, and listed on the Hong Kong Stock Exchange on November 7. But what made the majority of investors and investors fall below the glasses was that at this moment, Telecom released the news of postponing the listing. Regarding the reasons, the announcement said vaguely, "Because of some regulatory reasons."

But then, more news was discovered. According to domestic technology media reports, the reason why Telecom delayed its listing was mainly due to the failure of global roadshows, which led to insufficient international subscriptions.

This was not a problem at all. According to convention, if the institution does not subscribe to it, the lead underwriter will take over the remaining stocks, but unfortunately, its three lead underwriters have no intention of underwriting.

There are various speculations in the media about the reasons why Telecom delayed its listing and when it will go public. This is just a few adjustments after dinner for most mainland investors who want to buy their stocks, but for Yijia, who is also in the silent period of listing, it is like a high-equivalent bomb.

Even bigwigs like Telecom have encountered such great setbacks. How can a small company like Yijia ensure the smooth roadshow and stock offering?

The executives and employees who hold shares in the group were waiting until December to go public and their net worth increased, so it would be better for a fat year. When they heard the news, they immediately became impatient.

Xu Bin was under the greatest pressure. On the day he learned the news, he hurriedly set out to Hong Kong. This is because although Telecom failed to issue an international offering, the 840 million shares it issued in Hong Kong were snatched away by Hong Kong institutions and investors. Xu Bin also wanted to ensure the successful roadshow and offering in Hong Kong.

The only thing that keeps relaxed is Feng Yiping, "How many times have you told you, whether it is the overall environment or the financing amount, the complexity of the company's composition, and the most important market prospects, we are completely different from Telecom,"

From the perspective of the general environment, the Internet winter has brought a very big direct impact to the telecommunications industry. At the beginning of this year, several international telecommunications giants filed for bankruptcy protection, including the United States' Global Telecom.

It is not a very suitable time to choose China Telecom to go public at this time.

And its goal is very large. It plans to raise more than 20 billion yuan, and Yijia plans to raise more than one-tenth of its money.

In addition, as a company listed in the mainland, Hong Kong and the United States, it has to face supervision from three places. As a large state-owned enterprise, some of its decisions need to be approved. Overall, management is indeed more troublesome.

Therefore, those international investors, no matter how powerful telecommunications is in our country, they are very rational in refusing to admit their accounts.

"Besides, the funds we want to raise are nothing in the international market. Even if the subscription is insufficient, the three underwriters will easily underwrite the funds, so let's put a hundred and twenty hearts on it."

Yijia's underwriters are also three companies, Goldman Sachs, and UBS. They are very optimistic about Yijia and the Jiasheng Group.

"I don't know if you don't take this seriously or are really so confident. Let's talk about it, what else is there?"

How could Feng Yiping take this seriously? This is his first listed company. Of course he has confidence, but how could he not worry after seeing the experience of telecommunications?

However, as the highest decision-maker, his emotions were not revealed in front of Huang Jingping. What Jin Ling and Xu Bin saw was Feng Yiping's always full of confidence and disregard. This still played a great role in the morale of the army and the stability of everyone's actions.

He just repeated the reasons, which were to cheer Jin Ling up.

"In the middle of the month, the preparations for Hong Kong roadshow can be done more solidly, but you also need to take into account other aspects. I have returned to China, and this year's senior year, I can spend more time and energy on the company. Therefore, I want to adjust the management organization group in the north by the end of the year,"

"Isn't Zhiyi doing a good job in the hosting now? Why do you need to adjust?" Jin Ling asked in confusion.

Gao Zhiyi did a good job, but who told them that they had just given birth to a daughter? How could Feng Yiping let them stay in the capital next year?

Although it is not as good as those organizations within the system, Feng Yiping is now the helm of the organization Jiasheng and also needs to take care of all aspects of the employees in the organization.

Originally, it would be great to let Li Jia take her children back to the provincial capital, or their hometown, and let Gao Zhiyi continue to stay in the capital, but, okay, if you let your wife who had just given birth to a child leave her husband, there is no strong reason, how can they be willing? Maybe it will make people doubt it.

"He has done a good job and can already stand alone, but I want him to take on greater responsibilities," said Feng Yiping. "I want to transfer him to Wuliao and be familiar with the management of the town's industrial park. As a group executive, he lacks experience in this area."

"In addition, you have the affairs department conduct a survey as soon as possible to investigate the family situation of middle and senior management of each company, and those dual-employees. I plan to organize some of them to training schools that are already available in the town from the end of the year, so that Zhiyi can also serve as the head of the training school," he said.

"Are you training him for the team, or are you making more managers more familiar with him?"

"It's both," Feng Yiping made this idea. This reason can be tenable whether it's up or looks.

It’s hard to say that next year, all the executives and dual-employed families who have just given birth to children will be sent to the town for protection.

"You thought about him so thoughtfully," Jin Ling seemed a little jealous.

"No matter whether it is ability or experience, he can't compare with you. He can only help him get on the horse and send him a ride. Besides, when he really trains, can he share some pressure for you?"

"Where are you here, who will be transferred here?"

"Change two. My requirement is that a middle-aged man and a young man are combined. Now there is another large-scale infrastructure project. The middle-aged man must have comprehensive abilities and strong execution capabilities. I am not in the capital, so he must be able to take charge of the overall situation.

As for young people, you can see what good seedlings are worth cultivating. Just send one here. I want to bring the area myself."

"Oh, have you been free abroad for more than a year and feel a little sad. Now I finally found out with my conscience that I still have to cultivate reserve forces myself? Then, don't be so stingy. I'll transfer a few more for you,"

"Okay, okay, one sheep is to be put away, and a group of sheep is to be driven away," Feng Yiping waved his hand helplessly.

"After the Hong Kong roadshow is over, I will take my family to the United States first to prepare for the roadshow there. These two tasks are best implemented before the end of the month,"

"Then you talk to Zhiyi first," Jin Ling closed the notepad.

"Why do you want me to talk to him? I am the chairman? These specific things are not my job scope. You go," Feng Yiping said righteously and nonsense.

Gao Zhiyi would definitely be a little unhappy from a metropolis like the capital, and to a place like Wuliao that is remote.

However, I believe that as long as the reason for this arrangement is explained, he will definitely accept it happily. This is good, Feng Yiping wants Jin Ling to sell it. (To be continued.)

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