Chapter 800 Buying a Shell to List
After a day of leisure at sea, Han Jin drove the yacht back to Hong Kong Island the next day.
He has a week to recuperate, and he should get up and go to Nanyang to continue his concert performance.
After sending Sister Mei and others home, Han Jin took a bus to the company.
"Sir, I have a lot of attention when buying shells." Yu Zheng reported to him with a smile.
Han Jin was planning to list Yongsheng before, so that financial disclosure can be made, company operations can be transparent, regularized and persisted. Even if he is not in Hong Kong or in the company, he can operate as usual without major drawbacks.
"Oh, what kind of shell is it?" Han Jin asked with a smile.
Since he decided to go public, he has entrusted professional intermediary agencies to find a suitable "shell" for him.
When buying a shell and going public, it is very important to have shells. It is best to have no debts, no litigation, no bad debts, and single equity. It is of course better if there are still certain assets and business.
Therefore, adding many conditions together, there are of course fewer "shells" that meet the conditions, so they have only gained attention until now.
"It is an electronics factory called Jinhe, which mainly produces electronic watches. However, in the past two years, due to the increase in wages in Hong Kong, the price of raw materials has risen, the manufacturing costs have increased, and the rise of Southeast Asian countries have led to a gradual decline in business." Yu Zheng introduced.
Han Jin also nodded, knowing that Hong Kong's local manufacturing industry is indeed declining very strong. In addition to what Yu Zheng said just now, Hong Kong's manufacturing industry has low technological level. Basically, they are labor-intensive enterprises, and there is very little capital to invest in new technology research and development, so the threshold is low and easy to replicate. Now the market has been divided up by Taiwan, South Korea, Singapore and others.
In addition, the transfer of funds is also a major reason for the decline in Hong Kong's local manufacturing industry. Merchants are seeking profits. In order to reduce manufacturing costs, they all switched to mainland China, Taiwan, Singapore and other places to invest, which also caused a lack of investment in Hong Kong's local manufacturing industry and led to a recession.
"Is this shell clean?" Han Jin asked again.
"In terms of debt, the only debt is owed to the bank by more than 8 million Hong Kong dollars; the equity is relatively single, the Jin family's own family industry, with equity accounting for 60%. There are currently no lawsuits or financial disputes; and the company has its own factory, and they have acquired the factory land." Yu Zheng introduced.
Han Jin smiled. This shell is really a healthy and good shell.
"Then how much do they want?" he asked again.
"They offered a price of HK$50 million. The intermediary said that if all of them were acquired, it would probably cost about 65 million." Yu Zheng said, "But I think the price is a little higher. The money they owed to the bank will expire in two months. If they cannot repay it in time, they will face the risk of bankruptcy and liquidation. I think it would be possible that the price would drop by another 10 or 20 million at that time."
"No need. Just buy it at this price." Han Jin waved his hand and said. What he lacked the most now is money, and what he lacked the most was time.
"Okay, then I'll talk to the intermediary agency." Yu Zheng said then.
Han Jin nodded, solving the problem of company listing, and he felt more at ease even when he left.
"By the way, Jin Shao, there is no news from the police yet." Yu Zheng reported to Han Jinhui again.
"What a bunch of waste." Han Jin couldn't help but sink his face when he heard this.
Zuo Gongming has been arrested and imprisoned for nearly a month, but he is still unable to speak. The police's ability to do things disappointed him.
"Officer Chen said that his mouth was very hard and refused to say anything. They asked a psychologist to help him with an examination and said that he had a strong tendency to self-destruct." Yu Zheng said.
Han Jin nodded and heard the meaning of the words, that he wanted to die. How could a person who wanted to die?
"Damn it, I finally caught him. Now he is determined to die, so it's not that easy." Han Jin cursed, "I must not let him die. I have to find a way to regain the courage to survive."
"Yeah." Yu Zheng nodded.
"There are no people in his family? Death prisoners like this should really hope to see their family now." Han Jin advised again.
A person who is willing to risk his life to assassinate Zou Wenhuai for his brother must be a person who cares about family affection. In this case, if his relatives are there, his iron will that will surely be softened.
"I haven't investigated this, I'll do it right away." Yu Zheng murmured, then his eyes lit up and he said quickly.
"Well, bring people here as soon as possible." Han Jin nodded.
"Yes." Yu Zheng agreed and went down to do it immediately.
...
As soon as Yu Zheng left, Wang Jing came again.
"A Jin, the premiere of "God of Gambling" tomorrow night. Can you come and participate?" he asked.
Han Jin smiled, "If I want to say something I can't go, can you let me go? Didn't you just push the premiere to now just to wait for me?"
The drama "God of Gambling" was filmed two weeks ago. At that time, there was a schedule and it was just enough to be released. However, Wang Jing gave up that schedule and was scheduled to be released after Han Jin's concert. The purpose was self-evident, so he naturally thought that the drama "God of Gambling" was great, so he wanted to show off to the boss Han Jin.
Seeing that Han Jin had seen through his mechanism, Wang Jing couldn't help but scratch his head with a smile.
"Okay, I will definitely support you when the time comes." Han Jin said.
"Then thank you first." Wang Jing couldn't help but smile happily when he saw him agreeing.
...
After the company handled the matter, Han Jin and Sister Mei came to Bijiashan to explain to the old man about the company's listing.
Xu Ruhai is one of the major shareholders of Yongsheng Entertainment, and his shares account for 30% of the company. Now that the company is going to go public, he naturally has to say hello to him.
"A Jin, are you really planning to list the company?" Xu Ruhai asked with a frown.
If Yongsheng goes public, the company's accounts will be managed by professional accounting companies. At that time, Heshenghe will no longer use Yongsheng to launder money.
"Yes, dad." Han Jin nodded, "Only after the company goes public, the operation can be regularized, otherwise it will always be a grass-roots team and a small fuss. Moreover, after the company goes public, the stocks in our hands will double and increase their value, and making hundreds of millions will be a little bit of a problem."
"But what should we do with He Shenghe's money?" Xu Ruhai asked, "Without Yongsheng, how can we launder money?"
Han Jin smiled, "Dad, don't worry about this. Laundering money in the stock market is simpler, more convenient and faster than using a film company to launder money, and it is guaranteed to not make any mistakes."
In "The Great Age", Ding Cai and his five sons used the stock market to help gangs in Colombia, Italy and the United States launder money and earn huge profits from it. (To be continued, please search Piao Tianwen, the novel is better, updated and faster!
Chapter completed!