Rebirth of the World’s Richest Man
Chapter 1716: Rules of Capital Markets
That night, Director Lin and Jiang Xiaobai got very drunk, and the big stone weighing on his heart was finally resolved.
Or to be precise, there is already a plan, which is good.
At the end of the meal, Director Lin held Jiang Xiaobai's hand and thanked Jiang Xiaobai.
If Jiang Xiaobai has something to do in the future, feel free to come to him. If he can do it, he will definitely not refuse.
The listing of the Jiahe Beverage Factory was all on him, and he was fully responsible for it.
Liu Changfu didn't hear these words, otherwise, Liu Changfu would probably die of soreness.
Their Mordu Diesel Engine Factory wanted to go public, which was extremely difficult. They wanted to see Director Lin, and waited for several days. Finally, they relied on their relationship with Jiang Xiaobai to meet Director Lin.
He had to figure everything out by himself, but when Jiang Xiaobai's home and beverage factory were listed, the Shanghai Stock Exchange was directly responsible.
Fortunately, Liu Changfu didn't know.
The next day, Director Lin kept working on this matter.
At the same time, many newspapers in Magic City were reporting the news. Judging from the public facts, the favorable balance is biased in favor of Yanzhong Industrial, and most of the major media outlets that are paying close attention to this turmoil are sympathetic to it.
After all, there is no precedent for this kind of acquisition in the stock market, and everyone is not used to this way of capital operation.
After the company that others have worked so hard to build is listed on the market, in this way, you make other people's company your own.
This approach is unacceptable to everyone, and at the same time they are unwilling to accept it. After all, no one can say that their company will never be listed in the market.
So what should you do if you suffer from such a hostile takeover after going public?
Is there any other method? If you have money, you can directly acquire some shares. As a result, the company becomes your own.
So what is everyone so happy and miserable about?
In addition, Bao'an is a foreigner, while Yanzhong Industrial is a local company in Shanghai. Everyone is accustomed to sympathizing with the weak and does not like bandits like Bao'an.
That's right, many people here in Shanghai regard Baoan as robbers, and they are robbers who break into their homes.
When Jiang Xiaobai and Liu Changfu were eating, this was how Liu Changfu called Baoan.
Because of Jiang Xiaobai's arrival in the Magic City and his relationship with Zhao Xinyi, Liu Changfu has been deliberately making friends with Jiang Xiaobai recently.
Therefore, I have more contact with Jiang Xiaobai, and I have dinner with Jiang Xiaobai every now and then.
Liu Changfu rambled on, "This is not good for Bao'an, that is not good for that. He even wanted to call on some people to resist Bao'an."
Their Modu Diesel Engine was about to be launched, and he didn't want their Modu Diesel Engine Factory to be taken over by someone like Yanzhong Industrial.
At that time, he will be replaced as the chairman by someone else. The Modu Diesel Engine Factory is his life-long effort. If something like Yanzhong Industrial happens,
His lungs were probably about to burst with anger, so Jiang Xiaobai smiled and didn't answer.
The domestic stock market and capital market are developing relatively slowly, and people are not yet accustomed to this capital operation method. It is certainly good to go public.
But similarly, when a company goes public, it also has to bear such risks.
There is nothing in this world that only requires returns and does not require payment. The capital market is optimistic about you, invests in you, and takes money from you.
But again, if a piece of fat is there, you're going to have to deal with prying eyes and ravenous predators.
The capital market has never been affectionate, but cruel and cold-blooded. Capital has always been profit-seeking.
Baoan’s behavior this time just tells everyone a fact, and will also let everyone understand the nature of the capital market.
Jiang Xiaobai thinks this is not a bad thing.
But there are some things that there is no need to say to Liu Changfu, and there are even less things to say to Director Lin.
Otherwise, Liu Changfu might slap the table and scold his mother, which is not necessary.
Time passed day by day, and in mid-October, the China Securities Regulatory Commission made a ruling on Baoan’s acquisition of Yanzhong Industrial.
However, the final ruling of the China Securities Regulatory Commission surprised everyone, and their eyes were stunned. It was different from everyone's imagination.
The China Securities Regulatory Commission determined that Baoan's acquisition was an "illegal act" and required a fine of 1 million yuan, but at the same time declared its acquisition to be valid.
Baoan personnel were successfully elected as chairman of Yanzhong Industrial.
This news caused an uproar in the entire business community in the Magic City, and even in the domestic business community.
A fine of 1 million is an astronomical figure for many people and most companies at this time.
But for listed companies, it’s just a drop in the bucket.
This punishment fell on Baoan. It was neither painful nor itchy. It was said to be punishment, but it really didn't mean that he picked it up high and put it down gently.
It's not a punishment at all, but it was announced later that Baoan's acquisition of Yanzhong Industrial was effective.
For Yanzhong Industrial, it was a bolt from the blue.
Yanzhong Industrial, due to the special share structure, public shares account for 91%.
Yanzhong Industrial owns only about 9% of its shares, while Baoan’s shareholding ratio reaches about 16%.
It is entirely possible for Baoan personnel to come forward and be elected as the chairman of Yanzhong Industrial and control Yanzhong Industrial.
This is completely giving up your business to others.
So as soon as the news came out, for a whole month, everyone involved in the business community was talking about Baoan and Yanzhong Industrial.
When Jiang Xiaobai returned home, he heard Zhao Xinyi mention the matter of Yanzhong Industrial.
Zhao Xinyi was coaxing her daughter while talking to Jiang Xiaobai about Yanzhong Industrial.
"Xiaobai, why do you think the China Securities Regulatory Commission made such a ruling? How can companies dare to go public with confidence in the future?
The business that I have built with luck and hard work becomes someone else's in the blink of an eye. If others also acquire businesses in this way, wouldn't it mean that whoever has money can acquire any business that they like?
Are there any more rules? "
Jiang Xiaobai nodded: "The strong come first, the rules come second."
"What?" Zhao Xinyi was stunned.
"I said there's nothing wrong with what you think. That's how the capital market works. The strong stay strong and the weak get weaker. Those with capital can do whatever they want. Since you want to go public, you need to face this kind of risk.
It is normal to be acquired and blocked in the stock market. Jiang Xiaobai said with certainty.
When he was talking to his wife, he had nothing to hide and just lifted the veil.
"Xinyi, shopping malls are like battlefields. This is not an empty statement. Moreover, Director Lin from the Shanghai Stock Exchange has approached me. The current result should be related to the idea I gave Director Lin."
Jiang Xiaobai looked at Zhao Xinyi and said word by word.
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