Reborn 80s

Rebirth in the 1980s Chapter 253 The second stock is listed

Watching Liu Yuqi leave the office, Chen Huaiqing began to look through the due diligence report on Yangtze Power in front of him.

Yangtze Power is the original Yangtze Diesel Engine Factory. As for changing the name to Yangtze Power, there are also considerations.

Murtagh Power is not owned by Murtagh Group, which specializes in the development and production of automobile engines.

Yangtze Diesel Engine Factory was affected by this and changed its name to Yangtze Power.

Yangtze Power is doing great right now. In addition to producing motorcycle engines, its self-developed diesel engines are now also hot sellers.

Yangtze Power has its own tractor production plant, and the transport tractors it produces are extremely popular in rural areas.

At this time, the roads in rural areas are not very good, but rural areas also have transportation needs.

In fact, at this time, the entire country of China has a considerable gap in transportation capacity, especially in road transportation.

Yangtze Power saw this market and started manufacturing transport tractors.

Not to mention, the results are really good, and the transport tractors produced are selling well.

Their diesel engines are not only sold domestically, but also exported to Southeast Asia.

Exports to Southeast Asia are carried out through Xiangjiang Far Trade.

Xiangjiang Yuantao is now not only a dedicated trading company of Mota Group, but is also actively expanding its business scope domestically.

It is difficult to find buyers for domestic industrial products in European and American markets, but they can be found in third world countries!

Let’s not talk about trade for now, let’s continue talking about the Yangtze River Power.

This is a very ambitious company!

Mi Yian, the chairman and general manager of Yangtze Power, may not look like much on the surface, but he is definitely a mentally tough person.

Previously, when Chen Huaiqing learned that Yangtze Diesel Engine Factory was continuing to research and develop diesel engines with the money it earned from helping the Mota Group produce motorcycle engines, he knew that Mi Yi'an had big ambitions.

I am not willing to be inferior to others.

Chen Huaiqing is not afraid of having ambitions, but rather of not having them.

Being ambitious is a good thing!

Ambition is the source of motivation for the development of individuals, companies and even countries. When you lose your ambition, what will you do?

Enjoy life and the whole person will become lazy.

When a person is used to being lazy and wants to start struggling again...

This is a bit unbelievable!

Yangtze Power belongs to the first batch of joint-stock reform companies in Yuzhou, and Motta Group also has a stake in it.

It is normal for Motta Group to invest in Yangtze Power. After all, Yangtze Power is still the largest engine manufacturer and supplier of Motta Motorcycles.

Compared with Lijiang Diesel Engine Factory, Yangtze Power is more creative.

The red ink pen in Chen Huaiqing's hand kept making circles and marks on the information.

Yangtze Power has undoubtedly made detailed preparations.

Last year, Yangtze Power's total net profit exceeded RMB 80 million.

The largest expenditure item of an enterprise is R&D expenditure, followed by personnel wages and operating expenses.

As for expenditures such as building new factories, they are fixed investments and are fixed assets of the enterprise.

In terms of fixed assets, Yangtze Power has increased rapidly in recent years.

This is normal. Yangtze Power's annual output of motorcycle engines can reach 1.4 million units.

Not all of the motorcycle engine production is produced by Mota Group. Several other motorcycle manufacturers in Chongqing will also use motorcycle engines produced by Yangtze Power.

Companies such as Jialin Group and Construction Group no longer build new engine production lines.

It also began to outsource the production of motorcycle engines.

Indeed, to a certain extent, it greatly reduces costs.

The most important point is that the engines produced by companies like Yangtze Power that specialize in engines are of better quality than those produced by Jialin Group and China Construction Group.

At this point, we have to talk about the role played by the Motta Group.

Motta Group's quality requirements can not be overstated to be harsh.

It is this kind of stringent requirement that allows Mota Group's motorcycles and cars to gain an extremely high reputation in the market.

Chen Huaiqing closed the document, rubbed his brows, and chuckled: "Since you have the ambition to fly to the nine heavens, then it's okay for me to help you along."

Yangtze Power raised 600 million yuan in this listing and issued 200 million shares, with a share price of 3 yuan.

The current total share capital of Yangtze Power is 400 million shares.

If these 200 million shares are successfully issued, then although Yuzhou State-owned Assets is still the largest shareholder of Yangtze Power, it will lose its absolute controlling interest.

Chen Huaiqing thought for a moment and changed the financing amount. 300 million was enough, and found 100 million shares.

In this case, the tradable shares will account for 20% of the total share capital of Yangtze Power.

just.

A stream of cold air came from the south and met the warm and moist airflow from the north, directly forming a huge rainfall belt.

The drenching rain continued to fall down, and red lanterns were hung on the lampposts on the street.

With the rapid development of Yuzhou's economy, during the New Year and the holidays, the streets have become more serious about decorating.

Pedestrians stepped on the water stains on the street and looked at the shops on both sides.

The New Year will be celebrated in another two weeks, and people have already begun to prepare the New Year's materials in advance.

Melon seeds and peanut candies, these are all must-haves.

As for the sausages and bacon, they have already been prepared.

Liu Sanbao is on vacation today and went shopping for the New Year with his wife. The days are getting more and more enjoyable now.

After working hard all year, it’s the Spring Festival and it’s time to eat and drink well.

Carrying big and small bags from the market.

When Liu Sanbao saw someone walking out in a hurry, he shouted: "Li Yuejin, what are you doing in such a hurry?"

Li Yuejin: "Hey, Brother Bao, you didn't read in the newspaper that subscription for new shares will start today."

Subscription for new shares?

Liu Sanbao thought of this. Now that he has no money, he naturally won't buy stocks.

A few days ago, Yangtze Power released its prospectus, and Yuzhou Daily published a special edition, free of charge.

It can be picked up for free at newsstands across the city.

Yes, it’s free.

This money will naturally have to be paid by Yangtze River Dynamics itself.

If you want to attract people to buy your stocks, don't you have to advertise?

The newspaper did say that today is the time to subscribe for new shares of Yangtze Power.

The subscription for new shares of Yangtze Power is very different from the subscription for new shares in later generations. You just need to go directly to Motta Securities to pay for the subscription. Anyway, it costs 3 yuan per share. After the subscription of 100 million shares is completed, it is over.

The entire subscription period for new shares is three days, and it will end immediately after the subscription is completed.

In fact, not many shares of Yangtze Power's stock were released to the outside world. Pension funds, for example, bought 10 million shares.

Compared to Motta Group's stocks, I really want to buy them now but can't.

If you want to buy it, you have to buy 10 shares, and 10 shares costs thousands of dollars.

Who has so much money now?

But Yangtze Power is different. It costs 3 yuan per share, and 10 shares is only 30 yuan. Now, any family still has 30 yuan.

Of course, when subscribing for new shares, you cannot only buy 10 shares. The requirement is that you must buy 100 shares.

Moreover, you need to open a securities account.