Chapter 514

The accounting and auditing standards in Hong Kong are different from those in the mainland. Backdoor listing should be carried out through reverse mergers and acquisitions. Asset audit, evaluation and financial management should follow the standards of Hong Kong. There are overseas investment institutions participating in the adjustment of equity structure and a perfect employee welfare system. IDA Electronics has made full preparations for this, and the preliminary preparations can be completed smoothly.

It has entered the second stage of practical implementation. According to relevant laws and regulations in Hong Kong, Jiaxin industry must disclose relevant information to the public in time at this stage.

The overseas listing of Aida's electronic disc player business was realized through the reverse merger and acquisition of Jiaxin industry. Aida electronics is a purely private enterprise. In 1997, it only needs to report to the Securities Regulatory Commission, the provincial government and other relevant departments. According to the political situation at this time, even if Li Yuanhu, deputy secretary of the provincial Party committee, wants to embarrass Jinhu, the key is that the Hong Kong public and institutional investors should accept the additional issuance plan of Jiaxin industry, and Jiaxin industry can raise enough funds to reverse M & A the disc player business of Aida electronics.

I don't know how the Xie family will feel when they learn that they intend to sell the disc player business for cash out. This is really difficult to guess. Zhang Ke thought: they may be relieved. After all, the disc player business has become the assets of a listed company in Hong Kong when it is put into Jiaxin industry, and the apparent competition may be more intense, but Xie Hanjing Xie Jiannan and them at least don't have to sleep. They are still worried about whether Zhang Ke will secretly make Yin moves for them.

It began to rain at dusk. In the bright and clean office building, looking at the bright drizzle outside, Zhang Ke leisurely sat in a wide and soft office chair. He was not familiar with Hong Kong, especially in the central part of Hong Kong Island, where there are many tall buildings. He was not full of pride to hold the whole world in his hand.

Compared with Xu Si, who buried himself in reading materials, Zhang Ke was really relaxed and relaxed. He put his feet on the wide and heavy brown desk, opened and closed, and trembled. When his feet were separated, he could just see Xu Siguang's face as smooth as jade and flawless from the middle.

Xu Si reminded him to pay attention to his image in the company. Zhang Ke was wronged and said that his long cherished wish for many years was to move out of such a posture in a spacious and bright luxury office.

"Long cherished wish?" Xu Si asked him with a smile, "how long has it been?"

Zhang Ke seriously broke his finger and counted it to Xu Si: "it's almost fifteen or six years since the summer of 1994..."

"Nonsense!" Xu Si laughed.

"Really, I've known you for 12 years in my previous life. Otherwise, how could I be so passionate about you?" Zhang Ke said solemnly.

"Don't make me laugh, and don't interrupt me. You're an uncle. You're very leisurely. Maids and maids still have a lot of things to deal with," Xu Si took a pen to lose Zhang Ke, and suddenly asked Zhang Ke solemnly, "how long have you known sister Wanqing in your previous life?"

"Ah?" Zhang Ke was stunned. Fortunately, Ge Mingde knocked at the door at this time.

This is the office specially prepared by GE Mingde for Zhang Ke in the headquarters of Jiaxin industry, and Xu Siping also works in this office. After all, Xu Siping's main company at present is to cooperate with the additional issuance and M & a plan of Jiaxin industry.

For convenience, Ge Mingde wanted to ask Zhang Ke to agree to move the office of Yuexiu (Hong Kong) company. After finishing the matter, he mentioned this to Zhang Ke.

Zhang Ke considered that even if he would lose some rent due to the sharp decline of the property market in a year and a half, it was really unnecessary to care about the loss of rent with his wealth, but he had to remind Ge Mingde that he was no longer the behind the scenes boss of Yuexiu company.

In order to facilitate the implementation of the additional issuance and M & a plan and reduce additional resistance, Zhang Ke has spun off Yuexiu company to Wanqing Haiyu company, Ding Huai, Su Jindong, Xu Si, etc. among them, Haiyu company is the controlling shareholder. If Yuexiu company wants to change its office location, it naturally doesn't matter to Zhang Ke.

Zhang Ketan stood up and pushed things clean. Ge Mingde reluctantly shook his head. That's the case with the equity game. He asked Xu Si to discuss with Xie Wanqing in China.

The phone was on Zhang Ke's desk. Xu Si came over and picked up the phone to pretend to call. When GE Mingde left, he put the phone in Zhang Ke's arms: "she's your sister Wanqing. Just tell her."

The monopoly profits shared on the third generation decoding chips will be directly extracted by Jinhu Electronic Technology Research Institute from the sales of Ti and scober decoding chips in the form of patent licensing fees, without Yuexiu (Hong Kong) as an intermediary.

Once he loses his status as an intermediary, Zhang Ke naturally cannot transfer the funds to Hong Kong through Yuexiu company. Not only that, but also some of the funds transferred to Hong Kong in the early stage have been returned, otherwise he cannot pass the financial audit in Hong Kong.

Even so, in the early stage, Zhang Ke transferred more than 300 million funds to the Hong Kong stock market in the form of advance payment through Yuexiu company, and achieved a net profit of more than HK $50 million in six months. Unfortunately, he was unable to participate in the carnival feast of the Hong Kong stock market from April to August 1997.

In the past year, Yuexiu (Hong Kong) directly withheld profits from the decoding board of HK $200 million, of which RMB 130 million was used to buy corporate bonds issued by Jiaxin industry. The funds really used for equity investment are very limited. However, Jiaxin industry has increased surprisingly in the past year, which also makes the equity income on the book of Yuexiu (Hong Kong) quite objective. Yuexiu (Hong Kong) Less than a year and a half after its establishment, the book assets were nearly 500 million and the working capital in the account alone was nearly 100 million.

Wanqing means to complete the replacement of her shares in Aida electronics and Jiaxin industry during the additional issuance and merger. On the one hand, it can reduce the financing pressure of Jiaxin industry, and on the other hand, it can keep the actual control over Aida electronics from falling into the hands of others. For the convenience of management, she hopes to merge her shares in Jiaxin industry into Yuexiu for management.

Some of the shares held by Ding Huai and Su Jindong should also be handled in this way.

Zhang Ke had earlier divided Yuexiu's equity into three, and 72% of the equity was transferred to Wanqing Haiyu company, Ding and Su, and their shareholding ratio was also increased to 20%, so that Wanqing, Ding and Su could directly transfer the shares of IDA electronics to Yuexiu. After adjustment, Zhang Ke directly gave Xu si the remaining 8% equity.

In this way, Hong Kong Yuexiu has turned into a holding company with a total capital of more than HK $1 billion, holding 28% of Aida electronics, 28% of Jiaxin industry. In the metropolis of Hong Kong, where there are a large number of businessmen, companies with a capital of more than one billion yuan, even if they don't have much scenery, they can't be underestimated.

Zhang Ke withdrew. The equity under his name was given to Xu Si, and the book assets actually decreased by nearly 300 million. Wanqing, Ding Huai and Su Jindong naturally had to make up for Zhang Ke, which actually allowed Zhang Ke to transfer part of the profits of Yuexiu company in Hong Kong for more than a year to China through equity transactions.

Unfortunately, Haiyu company, Ding Huai and Su Jindong have received less than 200 million dividends from Aida electronics in the past year. Wanqing has also drawn nearly 100 million funds for school construction. There is still a big gap to compensate Zhang Ke's 300 million.

Zhang Ke is not anxious. This part of his funds will not be used elsewhere, but will be injected into Xinguang paper; Xinguang paper obtained a yen loan of US $80 million from Japan years ago. It will take a long time to use it, and the funds are still very abundant. When can Wanqing, Ding Huai and Su Jindong withdraw funds to fill it in.

The book assets of Yuexiu (Hong Kong) will expand greatly during the implementation of additional issuance and M & A. at this time, Zhang Ke transfers as much equity as possible to Wanqing, Ding Huai and Su Jindong in order to protect their interests, because after the Asian financial storm in August, the book assets of Yuexiu (Hong Kong) will shrink greatly, They can't make any sacrifice to ensure the actual control of IDA electronics, so Zhang Ke chose to give them the benefits from the beginning.

Book assets expand first and then shrink. On the whole, there is a big difference.

After a gorgeous turn, Zhang Ke stepped out and Xie Wanqing replaced him as the behind the scenes boss of Yuexiu (Hong Kong). Of course, Xu Si is still responsible for the daily affairs of the Hong Kong company.

This is still a recent thing. Xu Si is still used to discussing everything with Zhang Ke first.

Zhang Ke took Xu sisai's call and listened to her words with other meanings. He didn't dare to joke with her. He honestly called Wanqing to discuss the change of office location of Yuexiu company. Wanqing naturally asked Zhang Ke to see it done on the phone.

The office is very quiet. Zhang Ke can't deliberately press the microphone tightly and put down the phone. He looked at Xu Si with a guilty look. Seeing that she looked at herself thoughtfully, he asked guilty: "what's the matter? Sister Wanqing asked you to do it."

"Obviously, I want you to do it?" Xu Si retorted. Er, his eyes are a little blurred. The delicate and beautiful forehead and eyebrows are like a drizzle outside the window. He grabbed Zhang Ke's hand, kissed it gently on his lips, and said softly, "let me bite, OK? It will hurt a little. Can you bear it?"

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