Mingkang Communications has not been listed on the Stock Exchange for a long time. The main reason is not because of the company's poor performance, but because of the ownership structure.

Mingkang Communications was first registered as a company in Silicon Valley in the United States, and later established a subsidiary in China. Later, due to the participation of Hu Yang and Lu Yali, the nature of the company has changed, but Gao Mingkang has not made changes to the company.

It now appears that Gao Mingkang never gave up his plan to go public in the United States from the beginning.

"Sister Lu, the problem of Mingkang Communications is a bit complicated. After Mr. Gao comes back, the three of us will sit down and discuss it carefully. Personally, I don't want to be listed on NASDAQ. In fact, according to the company's current situation,

In this case, there is no problem in listing in China, but the prerequisite is that the company needs to make changes."

Hu Yang's meaning is very clear. Gao Mingkang's share of the shares should be changed to his personal name, rather than remaining in the name of the shell company in Silicon Valley.

"That's the truth. I mentioned it to Mr. Gao several times, but he didn't take it seriously. I am firmly on your side on this matter."

If Hu Yang and Lu Yali have a unified understanding of the company's major events, it will basically be a foregone conclusion.

"Okay, I still need to have a good talk with Mr. Gao later, so as not to make people feel defensive."

Hu Yang looked at the time and saw that it was getting late, so he ended his first day of inspection at Mingkang Communications.

In the following days, according to the schedule, Hu Yang went to various companies and arranged a full day of inspection time.

Generally speaking, the situation of each company is good. Some minor problems were pointed out by Hu Yang in a timely manner.

For example, Huanyu Laser has the problem of excessive management expenses, especially Cai Tianxing, who doesn't feel bad spending the company's money at all.

Of course, Hu Yang's opinions are binding on most participating companies. But this does not include Huanyu Laser. As the major shareholder who has given up control, Hu Yang can only restrict Cai Tianxing at the board of directors and shareholders' meetings. On weekdays,

Management work lacks effective checks and balances.

In fact, this is not a big deal for Populus euphratica.

Under effective financial supervision, Cai Tianxing at least did not dare to openly embezzle the assets of listed companies. And the most critical point is that Hu Yang is ready to withdraw funds at any time.

According to Cai Tianxing, he is also not prepared to distribute cash dividends for the company's profits last year. It is still the old way. He proposes to give out shares, which is still 6 shares for every 10 shares.

Hu Yang did not object. He made up his mind that after this bonus, ex-rights and then full-rights exercise, he would continue to reduce his holdings in Huanyu Laser.

Among these companies, the most interesting one is Shengyi Electronics.

This company is as stable as ever, with stable operations and stable performance. Even the estimated distribution plan is still 10 cents per yuan.

Although Hu Yang doesn't like Chen Hao very much, he still admires his business methods and concepts.

After the inspection at Shengyi Electronics, he said nothing. He felt that even if he were to personally manage the company, he would not be able to do better than Chen Hao.

After completing the inspection and inspection activities of all enterprises, Hu Yang authorized Ye Chong, who was far away in Shanghai, to go to Xintong International, and then submitted a very detailed inspection report to Hu Yang.

The report said that Xintong International's profits have increased significantly, and the net profit for the whole year of last year was expected to be around 50 million yuan.

Don't underestimate this inconspicuous data. Xintong International originally planned to operate at a low profit in the long term.

The higher the industry chain is, the more difficult it is to enter. Faced with the pressure of funds, external competition, and pressure from industry giants, it is not easy for Xentong International to achieve this result.

Hu Yang estimates that by this year, Xintong International's profits will continue to grow significantly, and it is foreseeable that the total profit will exceed 100 million.

"Mr. Hu, Mr. Lu just called and said that she and Mr. Gao will arrive at the company in an hour."

This morning, just after Hu Yang finished talking to Mu Shaoqing on the phone, Lin Yan walked in to report.

Hu Yang has actually been waiting for the arrival of Gao Mingkang and Lu Yali. The matter of Mingkang's communication cannot be delayed any longer.

"Mr. Gao, I have two opinions. First, the company can no longer be a subsidiary of your company in Silicon Valley. The shares must be transferred to your personal name. At the same time, the company starts to change its industrial and commercial registration. Second, the company

After the change, listing on the mainland will be considered first, followed by listing on the Stock Exchange."

Hu Yang expressed his thoughts very simply.

Gao Mingkang pondered for a long time before saying: "Mr. Hu, I have no objection to the company's changes. According to the current shareholding structure, it is indeed inappropriate to have the name of a subsidiary. However, I don't quite understand why you would object.

What about listing in the United States? Our goal in the future is to become a multinational enterprise. Isn’t it better to consider attracting international capital now?”

Lu Yali shook her head and said: "Mr. Gao, it does not mean that we have successfully listed in the United States and we have become an international company. This still depends on where the company's market is. I think some of Mr. Hu's concerns are reasonable. Anyway,

Is it financing in the capital market, which market is different?”

Gao Mingkang has always felt that the United States is the most technologically advanced country in the world, and companies should find ways to integrate into this country. How can he object to listing in the United States?

"Mr. Hu, Mr. Lu, I still stick to my point of view. Of course, if the two major shareholders make a decision, I will obey your opinions."

Although somewhat reluctant, Gao Mingkang still expressed that he would not fight.

Just don’t confront. If you don’t understand something, you can think about it slowly. Seeking common ground while reserving differences is also a business philosophy.

Hu Yang and Lu Yali looked at each other and both breathed a sigh of relief.

"Mr. Gao, this is settled. Regarding the company's changes, we must hurry up. Okay, it's almost time to eat. I'll treat you two to Cantonese food at noon."

After talking about the company, the atmosphere in the conference room became much better. Gao Mingkang is not a very naughty person, and he can clearly distinguish between business and private matters.

Some differences were resolved, and Mingkang Communications quickly completed the company change procedures.

The name of the company became "Mingkang Communication Technology Co., Ltd.", and the part of the equity previously held by the American company was also transferred to Gao Mingkang's personal name.

In fact, the sole proprietorship in Silicon Valley was originally a shell company, and it should have been canceled long ago if Gao Mingkang hadn't been thinking about it.

The ownership structure of the company after the change has not changed. Among them, Hu Yang’s Huijia Holdings holds 46% of the company’s shares, Gao Mingkang holds 25%, and Lu Yali holds 21%.

Then, Mingkang Communications officially launched its plan to go public in the country.

"Huhu, we finally solved a big problem."

The problems left over from the history of Mingkang Communications will become more troublesome the longer they are delayed. Now that they are completely resolved, the company will go further.

However, it is not all good news at the beginning of the new year.

The lawsuit between Xentong International and Taipower has gradually entered a critical period.

After the trial was held again, the judge excluded several photos submitted by Hu Yang, believing that the source of the evidence was illegal. At the same time, he also excluded some of the evidence submitted by Taipower. Generally speaking, Xentong International was at a disadvantage.

"Dr. Zhang, how is the development of the company's next-generation process technology? The current lawsuit is very detrimental to us, so we must be prepared."

Hu Yang called Zhang Rulin and discussed the company's response plan.

"Mr. Hu, the current research and development work is going relatively smoothly, and it is estimated that it will be put into trial production next month. Regarding the new manufacturing process, we have completely abandoned the several suspected infringement technical points that Taipower has been holding on to.

I won’t give them any more excuses.”

What Zhang Rulin means is that as long as the company adopts new manufacturing processes, it can completely get rid of the trouble of infringement accusations.

This has a bit of a stop-loss flavor in it, and it also shows that the company has not allowed a certain situation to worsen.

"Well, that's good. If we can adopt the new process as soon as possible, even if we lose the lawsuit, it will not affect the company's future production and operation activities."

If the company loses the lawsuit, the liability will be significantly different depending on the degree of infringement.

As for Hu Yang, he would rather lose some compensation than Zhang Rulin leave Xintong International.

"Mr. Hu, don't worry, I will speed up the research and development process. Then hang up now. If there is any news, I will contact you in time."

Zhang Rulin is also very busy right now, wishing he could use one day as two days.

Nowadays, the domestic semiconductor industry is in a difficult situation. It has to face not only technical difficulties, but also blockade and suppression from others. Apart from working a hundred times harder, there is really no good way.

For this matter, Hu Yang went to Xiangjiang to talk with the legal team. He believed that if the other party's conditions were not very harsh, an out-of-court settlement would be acceptable.

Furthermore, after the first-instance judgment, if it is unfavorable to the company, it still has to go through the appeal process. For no other reason than to delay the case. From the perspective of the lawsuit itself, the longer it is delayed, the better it will be for Xentong International.

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Just when the lawsuit with Xentong International was in full swing, Taipower suddenly encountered problems within it.

Meng Rusong ended his vacation and returned to Treasure Island with his wife. The beginning of the new year was the peak period for the company's personnel adjustments. Meng Rusong felt good about himself. It was time to get the position of director of the biotechnology department that had been vacant for several months.

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In terms of contribution to the company, Meng Rusong is well-deserved for the position of technical director, not to mention the director of the biotechnology department. However, many people at the top of the company do not like this "geek" who is difficult to control, and Meng Rusong's expectations have been disappointed.

In this personnel adjustment of Taipower, Meng Rusong not only was not promoted, but was marginalized. How could he, who was so arrogant and arrogant, accept this?

In anger, Meng Rusong quarreled with the president, then resigned and left Taipower.
Chapter completed!