Chapter 331 Taking retreat as advance
Su Yue didn't feel any surprise about this, but Gu Yunxi was surprised and said in surprise: "I didn't expect the IPO restart to come so quickly. The regulators really can't stand the stock market. Once the investment sentiment improves, they can't wait to open the door to listing and financing. Are they not afraid that the stock market will fall back to what it was half a year ago?"
"The driving force behind the stock market recovery is not the reason for the rise."
Su Yue smiled and said, "There must be negative, but it is unlikely to throw the market back to what it was half a year ago. After all, the fundamental situation at this time is essentially different from half a year ago."
Yang Liguo nodded, agreeing with Su Yue's words very much.
"Xiao Su, do we really need to participate in the stock of Huagong International?" After pondering for a while, Yang Liguo continued, "I think... we are not hot money, there is really no need to participate in this ultra-short-term speculation? Besides, Huagong International, in terms of fundamentals, has no investment value at all."
This first stock, which is divided between the old and new, is from state-owned assets and is in the foreign trade infrastructure industry. Its main business is international engineering contracting, and the political attributes it carries are mostly profitable. Regardless of its industry development or its own profit level, there is no premise for continuous explosion, and it does not meet the scope of their investment target choices.
Bentayga Fund's stock selection thinking is basically the leading stocks in the industry, with extremely excellent fundamentals and an explosive performance. It is obvious that Huagong International does not meet these conditions.
As the first stock that is divided between new and old, according to Su Yue's analysis, it is inevitable that it will be hyped by hot money under the attention of the crowd.
But for its own investment value, Yang Liguo firmly opposes the intervention of "Bentayga Capital".
Su Yue noticed Yang Liguo's attitude, thought for a while, and said, "Can you participate? Look at your reactions to this stock during this period. Let's talk about your emotions. Anyway, there is still some time before listing, and everything is still ready."
Yang Liguo nodded, Su Yue had compromised in disguise.
"But whether we participate or not, the corresponding fund positions must be reserved on the eve of the listing of Huagong International." Su Yue continued with a smile, "If the market sentiment reaction after Huagong International is listed and causes the market to fall into a continuous sharp drop, then the matter of entering the market to pick up cheap chips must not be missed."
Gu Yunxi smiled softly: "This is natural, avoiding uncertainty, leaving some positions, so that the fund will always take the initiative. Xiao Su... I understand your intention."
"Sister Yun Xi understands it!" Su Yue responded with a smile and said no more.
The three continued to talk about the current situation of the company, as well as the issues in department formation and employment, and then Yang Liguo and Gu Yunxi dispersed.
Su Yue signed the personnel appointment documents proposed by Yang Liguo and Gu Yunxi, then called Lin Feng, asked about the situation on Rongfang Mining, and said that he would go to Pingji tomorrow, asking Lin Feng to make an appointment with representatives from Chijin Mining and Pingji State-owned Assets Supervision and Administration Commission, and then explained some things, and then came to the trading room of the 'Benyue No. 2' fund.
"Sister Yuhe, how is the fund's operation recently?" Su Yue asked.
Chen Yuhe was slightly surprised when she saw Su Yue and replied with a smile: "According to the selected investment targets, I distributed half of the fund's positions evenly among the five stocks of Minshang Bank, Huaxin Securities, Luzhou Laojiao, Chihong Zinc and Germanium, and Shenyuan Real Estate. What do you think?"
"No problem." Su Yue smiled.
Large capital inflows and outflows focus on liquidity first.
The stocks Chen Yuhe chose to hold are all stocks with relatively large circulation markets, and among the industries that attract capital attention, they have excellent fundamentals and good trends. Su Yue can't find any fault with this.
"I have reserved the position. I wonder what instructions will Mr. Su have next?" Chen Yuhe asked.
Su Yue pondered for a moment and said with a smile: "Let's maintain the size of half the position first. For other plans, we will talk about the listing of this stock in China International in June."
Chen Yuhe nodded and stopped asking.
After finishing the company's work, Su Yue went to school to see his sister and Zhang Xue, and told Zhang Xue about the results of the school recruitment. Zhang Xue got the transcript and was very happy. She pulled Su Yue and Xiaoyue, ordered a sumptuous dinner with her living expenses, celebrated it, and then gave up.
The next day, Su Yue came to Pingji again under the escort of his assistant Ning Suyi.
Lin Feng had already arranged everything according to what Su Yue told him on the phone yesterday. Fortunately, the people from Chijin Mining have been stranded in Pingji in order to win the project of Rongfang Mining, and it is not troublesome to notify them.
"Lin Feng, you have built this Pingji City Equity Investment Branch with a very good look." Su Yue looked at the spacious office area and the office with clear functions and said with a smile, "It looks like it is not worse than the headquarters of our Changling City, and even the staff is more than the headquarters."
Lin Feng smiled lightly and replied, "All the venues of our branches are given by the government for free. I heard that this was originally the office location of a unit under the State-owned Assets Supervision and Administration Commission of Pingji City. However, for some reasons, the unit moved to another place and the place was vacant. After I brought people here, Director Hao saw that we had no place to work, so he gave us the idle office space."
"This is a favor!" Su Yue sighed.
"After the spread of news about the Symbiosis Gold Mine of Pingji, especially after the establishment of Yongfang Mining, mining, smelting and other companies took root in the mining area, the economic effects brought to Pingji will be far-reaching and vast." Lin Feng said, "Our Bentayga Capital can be regarded as the biggest contributor to the exploration of this project. This favor is given by the local government. I think... we should still accept it calmly, right?"
Su Yue nodded and continued to ask: "How is the construction progress of the smelting factory?"
"With the help of all parties, the facilities and equipment have arrived in the factory and are under installation. It is estimated that in two months, the first production line will enter the debugging stage, and it will enter production in about a quarter." Lin Feng replied, "The mining progress of the mining area has not been lost. Boss Tong is on the front line of the mining area and has been supervising the installation and mining of equipment. He has not had a day off, which is very hard."
"This is the industrialist!"
Su Yue sighed: "When he saw that his hometown had hope of rising, and he had led his fellow villagers out of poverty and embarked on the road to becoming rich through labor, how could he stop?"
The dream fire in my heart is burning, constantly urging the other party to move forward.
Su Yue had this spirit of struggle that was full of food and sleep in his previous life, and when he saw the hope of revenge, he could naturally deeply understand it.
"Su Yue, in recent times, several investors who want to invest in Rongfang Mining have appeared." Lin Feng continued, "In addition to Chijin Mining, there are also Yundian Mining, and several investment institutions, and even Qilu Gold people have come... These investors have basically contacted Boss Tong and Director Hao and others, and of course there are many people looking for us."
"How did you reply to them?" Su Yue asked.
Lin Feng smiled and said, "Didn't you say that Yongfang Mining will be built as a core project in the future of our 'Benyue Capital'? How can I reply? Of course, I rejected it all sternly."
"Where are Boss Tong and Director Hao and others?" Su Yue asked again.
Lin Feng replied without hesitation: "Director Hao is a little hesitant, but Boss Tong keeps asking for your opinions again. I said you have gone to Ningzhou and cannot reply for the time being, and then I have been delayed until now."
As a tripartite shareholder of Yongfang Mining, if other capitals want to enter the market, the three shareholders need to agree with each other.
Originally, Chijin Mining had talked with Su Yue before Su Yue went to Ningzhou.
Su Yue said at the time that if the state-owned assets in Pingji City were willing to cede the shares and introduce capital, he naturally had no objection. However, after Chijin Mining rushed to Pingji and negotiated with the state-owned assets in Pingji City, the government felt that it was the one who only transferred the shares, introduced capital, and made the cake of mining in broader than the one who made the profits of its own, and to fatten up other shareholders, he did not agree if he thought it would be too much of a loss.
If you want to introduce other capital parties, Pingji City’s state-owned assets institutions still tend to dilute equity to allow risks and interests to be evenly distributed.
When differences arise, negotiations are put on hold.
However, the government's intention to introduce capital has not changed, so it urged Su Yue to come to Pingji in person and carefully discuss the introduction of strategic investors.
"Lin Feng, do you think... if you have to introduce other investors, which one is more suitable?" Su Yue asked.
Lin Feng raised his eyebrows, a little surprised: "Su Yue, didn't you say that we can't give up our equity in Rongfang Mining? Why do we still agree to introduce other investors?"
"In Yongfang Mining, we only occupy 50% of the shares, not the controlling party." Su Yue replied, "If the three-party shareholders want to develop the company in the long term, they should still take care of the ideas of the other two companies, otherwise it will not be a solution for the stalemate, so... we might as well retreat to advance."
"Besides... we can complete the mining and smelting processing ourselves, but what about sales? Accumulating customers from scratch and opening up the upstream and downstream industrial chains and sales chains is how difficult it is and how long the time span is, I believe you know it too?"
"Su Yue, what you mean..." Lin Feng hesitated.
Su Yue interrupted Lin Feng and said: "The reason why Chijin Mining and many other mining companies and investment institutions stayed in Pingji for almost a month proves that Pingji's state-owned assets institution is determined to introduce one or two of them. We might as well go with the will and agree to the investment in the market first."
"In this case, our equity in Fang Mining will inevitably be diluted." Lin Feng frowned.
Su Yue smiled: "When the investors join the market, we can also limit the conditions and maintain 50% of the equity in our hands through the form of chasing investment. We even said that we will take this opportunity to dilute more equity in Pingji State-owned Assets Institutions and Boss Tong, and completely acquire the controlling stake in Yongfang Mining."
Lin Feng said in surprise: "Su Yue, can this work?"
"The current project development lacks technical personnel and a lot of funds. As long as we are willing to continue investing funds, I think Boss Tong and the local government should be very happy." Su Yue smiled and continued, "Besides, since we have agreed to make concessions and let other investors join the market, then we should have nothing to say to the other party by adding some conditions accordingly."
At this moment, Lin Feng completely understood Su Yue’s intention and smiled and said, “Su Yue, your strategy of retreating to advance is really wonderful!”
At present, the equity investment pool is very sufficient, with almost 300 million of funds idle.
If we can take this opportunity to invest additionally and acquire the controlling stake in Rongfang Mining while introducing strong investors, it will naturally be a perfect thing.
"You contact Boss Tong and Director Hao and the others today. Let's talk to the three parties first, and negotiate the plan to introduce the investors first, and then meet with Chijin Mining and other investors." Su Yue ordered, "It's time to make an appointment in the evening. We can eat something at noon, and then I have to go back to the hotel to sleep for a while. I have not been able to sleep well these days. I have to maintain my energy to get a good deal of negotiations."
Lin Feng nodded, looked down at the time, and found that it was getting late.
So he took Su Yue and Ning Suyi to a clean and quiet restaurant in Pingji City and ordered a lot of side dishes.
"Assistant Ning, this dish is Pingji's local specialty. If you try it, it tastes good."
Lin Feng changed the plate of side dishes and placed them in front of Ning Suyi, and recommended with a smile.
Ning Suyi said 'um' and tasted it. There was a smile on her eyebrows, indicating that the taste was indeed good.
Su Yue noticed the familiar expression between the two of them, and was a little surprised and said in surprise: "You two don't know... Lin Feng, you are so capable. You have pried away the assistant beside me in just one month?"
Ning Suyi's face turned red and was about to explain, Lin Feng had already said first: "Miss Ning hasn't promised me yet. I am in a difficult pursuit."
He said this directly, and Ning Suyi felt even more embarrassed when she listened.
He didn't dare to look directly at Su Yue's gaze.
Su Yue smiled and said, "It's nothing. Men get married when they are old and women get married when they are old. You both are free and love is free, as long as you don't delay your work."
As he said that, he didn't continue to ask.
After all, life is not work, and he does not have the authority to manage so much. Even Gu Yunxi doesn't care about the will of the two of them, so naturally it's not his turn to worry about it.
After lunch, Su Yue returned to the hotel and slept for an afternoon to make up his energy. Then at 6 o'clock in the evening, he came to Pingji Hotel by phone to meet Tong Zhijian, Director Hao, Director Tang and others.
"Mr. Su, don't be fine!" Director Hao laughed, "I heard from Manager Lin that this month, Mr. Su's affairs at Zhangluo Ningzhou Branch have gone smoothly?"
Su Yue sat down with a smile and said, "I'm sorry Director Hao, Ningzhou and his party went very smoothly."
As he said that, Su Yue looked at Tong Zhijian again and continued, "Mr. Tong, you have been a lot of blackmail. Thank you very much for your hard work."
"President Su is polite. This is my duty." Tong Zhijian laughed.
Su Yue responded softly, turned his gaze to Tang Yiping again, and praised: "Director Tang is getting more and more beautiful, and looks very charming."
"Mr. Su, when did your mouth become so sweet?" Tang Yiping chuckled.
She remembered that when she met Su Yue last time, Su Yue was tough and not as relaxed as this time. She couldn't help but feel a little surprised, feeling that she couldn't see through this young man at all.
Su Yue smiled and replied, "I'm just telling the truth, but I don't care about any sweet words or anything."
This was a disguised expression to praise Tang Yiping again. She was happy and laughed: "Then I would like to thank Mr. Su for your praise, but... let's get to the point and talk about the main thing!"
Chapter completed!