Super Tycoon

Chapter 480 Don’t even think about paying dividends within 5 years

In front of the camera, there are many reporters holding cameras and preparing. There were three people sitting on the stage. In the middle was Changchun's persimmon leader, and on both sides were an old man and a young man.

Sign it, pass it to the side, and then take the second copy and continue to sign.

The flashing lights below have never stopped. This is the largest investment in Changchun and even the whole province this year, and it is also the first company in China to produce large-size color LCD panels.

If you want to elaborate, you can list many of China's best.

Zhiduoxing Group and Lianxiang Group jointly invested 1 billion Rmb to invest in Changchun Caijing Co., Ltd., with a shareholding ratio of 70%.

These have also been agreed by the investors of the island countries, because the investors of the island countries did not pay for it. What they provided were the eliminated production lines and some technical materials. Only a little bit was taken out.

The total investment is still 1.32 billion Rmb, of which Zhiduoxing Group holds 49% of the shares, Lianxiang Group holds 21% of the shares, Changchun Electronics and other Changchun state-owned assets hold 15% of the shares, and those companies in the island country hold Fifteen percent of the shares.

Judging from the investment and proportion, Zhiduoxing Group and Lianxiang Group are both at a loss, with an obvious premium, but the two parties jointly hold more than two-thirds of the shares.

In other words, as long as the two of them join forces, they can completely control the company. Under the rules of the joint-stock company, those companies and state-owned assets in the island country can only obey the orders of the two of them.

In fact, Zhang Yang was not willing to participate in this kind of public-private joint venture, plus a company with foreign shares, but there was no way to kick Changchun State-owned Assets out of the game. After all, this was originally a business brought in by the other party.

Liu Chuanzhi also persuaded Zhang Yang, promising that it would be okay. Lianxiang Group was not a state-owned holding company before, but it has changed now, hasn't it? In the final analysis, the joint-stock company or the shareholders' meeting has the final say. When voting, aren't the two of them the main ones?

Zhang Yang put down his pen, stood up and shook hands with Shi Chang. After the three of them took a group photo, leaving Shi Chang and Liu Chuanzhi to face some media interviews, Zhang Yang went back to the lounge directly.

It has been decided that the chairman and president of Changchun Caijing is Liu Chuanzhi, and Zhang Yang, the representative of the major shareholder, is only a supervisor of the board of directors, but has a veto power, and at the same time, the chief financial officer is his person.

After half an hour, Liu Chuanzhi and Shi Chang returned to the lounge and saw Zhang Yang looking through some development plans of Changchun Caijing.

"Mr. Zhang, this plan is revised by us, can you see if there is any problem?" Shi Chang said so,

But there is absolutely no problem in their hearts, and they have also considered the interests of major shareholders.

Zhang Yang put down the plan and looked at Liu Chuanzhi: "Mr. Liu, have you read the plan?"

"I've seen some, do you have any questions?" Liu Chuanzhi asked suspiciously.

"have."

Hearing Zhang Yang's affirmative answer, Shi Chang's face changed, isn't he satisfied? We just arranged for some more local people to find employment. Can't we agree to this condition?

"Mr. Zhang, this plan is already the most suitable. We don't pay the workers high wages here. We just want them to learn more skills so that they can support themselves." Zhang Yang raised his hand: "Mr. Persimmon Sir, you have misunderstood. I don’t have any opinion on the arrangement of personnel, just leave it to Mr. Liu for consideration. I’m talking about financial issues, and I’ll take care of this part.”

Since it was under his control, the financial plan in this plan had to be approved by Zhang Yang.

"I have different opinions on the use of some funds. First of all, we need to expand the laboratory of Changchun Institute of Electronics. I agree with this. I also agree with the purchase of new equipment, but what are these items?"

"These studies don't seem to belong to Changchun Caijing. It is impossible to use Changchun Caijing's money to support them to do other research."

"Mr. Zhang, this research result also belongs to Changchun Caijing, and Zhi Duoxing can also enjoy the benefits brought by the result." Shi Chang explained.

"Frankly speaking, these studies coincide with my company's research results. Moreover, my company has already completed the research and is in the process of optimization. Your side has just started the project, and it will be difficult to transform it into production after it is done."

"And please remember that the Institute of Electronics merged into Changchun Caijing in order to improve Changchun Caijing's liquid crystal technology, not to use Changchun Caijing's money to support those people's scientific research."

Use my money to give you grades, what a joke!

Liu Chuanzhi's face was also a little ugly, he didn't know this, and he definitely didn't agree.

"Shi Chang, we made it very clear at the beginning, if the attitude of the city is like this, then you are in breach of the contract. I don't think anyone will come to Changchun to invest in the future."

"Mr. Liu, Mr. Zhang, how do you say this? It's just a plan, and it hasn't been implemented yet. The company's operation and management are mainly based on you, which we discussed before."

"Then the rest of the clauses will be fine, right?"

"Yes." Zhang Yang said again.

"Why is there still a problem? The following terms are all used after making money. This dividend is also proportional. What's the problem?" Shi Chang was anxious.

"Changchun Caijing, don't think about dividends within five years." Zhang Yang looked at Changchun persimmons.

"What do you mean? Isn't it possible to make money next year? If you make money, why don't you pay dividends?"

"Do you want Changchun Caijing not to expand its scale and improve its technology in the future? If you want to expand your scale and improve your technology, you need to continue to invest a lot of money."

"This money, judging from Changchun Caijing's revenue forecast, is not enough for profit alone. It also needs to borrow from the bank and go public for financing."

"In this way, where is the money to pay dividends? Five years later, when the company enters a new scale, it is possible to pay dividends to shareholders, and it will not be too much. Ten years later, the company will truly make a profit."

ten years? !

Changchun's Shi Chang was stunned. Ten years later, he might even retire to the second line. Even if it is five years, it is not certain that he will be in Changchun, so this time it will not become his political achievements, but a drag?

Of course Liu Chuanzhi knew this, and the two even discussed that in the future, in addition to loans and financing, additional investment should be made in proportion to the shares. If Changchun Zhengfu can't come up with enough money, then wait for the shares to be diluted.

Don't say it now, for fear that the other party will turn his face directly. When the company started to operate and other international LCD panel companies aggressively entered the Chinese market, Changchun Zhengfu had to agree if he didn't want to!

"As an enterprise, we have to plan long-term. If we only focus on the immediate interests, then Changchun Caijing may go downhill in a few years, and the price we have to pay for technological innovation in the future will be much higher than it is now."

"This point can be seen from the operation of FAW, so I won't explain too much. In short, I guarantee that Changchun Caijing will pay no less taxes, and it will also provide more jobs. It will also drive surrounding industries. no problem."

"But if you want to pay dividends, at least five years later!"

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