Chapter 309 Market value 20 billion

Hu Yang picked up the report and read it carefully and felt very satisfied.

In the first half of the year, Mingkang Communications achieved sales revenue of 5.7 billion yuan, gross profit margin of 30.7%, net profit margin of 17%, and net profit of 969 million yuan.

Among them, R&D expenses were 385 million yuan, accounting for 6.75% of sales.

According to the current trend, Mingkang Communications' annual sales revenue is about 12 billion yuan, successfully entering the ranks of the top communications companies in the country.

"Mr. Gao, I read the company's semi-annual report. It's very good. I want to thank you and Sister Lu for their hard work. When you have time, I'll treat you to a French meal in Paris."

Hu Yang couldn't help but called Gao Mingkang and said a lot of beautiful words.

"Hey, Mr. Hu, don't put your hat on me. You want us to make more money for you, right? The French dinner is free. You can go to Europe for fun. Anyway, you have a business jet."

Of course, if you have made achievements, you hope to be recognized by others. Otherwise, what is the difference between it and Jinyi Night Walk?

Although Gao Mingkang was saying haha, he was actually very happy to receive this call from Hu Yang.

"Okay, it's settled then. Whenever you and Sister Lu want to go to Europe, just give me a call."

Hu Yang then hung up the phone. He felt that from the beginning to now, he and Gao Mingkang have always cooperated very well. The only disagreement may be about the listing of the company.

Although Gao Mingkang gave up his plan to go public in the United States, he did not give up the idea of ​​listing in Hong Kong. He has not mentioned this matter recently. On the one hand, the company's funds are still abundant for the time being, and on the other hand, he also sees that Hu Yang is interested in going public.

Not very enthusiastic.

However, as soon as the brilliant mid-term report of Mingkang Communications came out, Hu Yang knew that it would be unjustifiable to continue to suppress the company from going public.

A week later, both Gao Mingkang and Lu Yali returned to the deep sea.

Hu Yang immediately fulfilled his promise and accompanied the two of them on a business jet to prepare for a tour of Europe.

Gao Mingkang arrived in Paris and spent a day at Alcatel, a day at a winery in the countryside, and a day at the company's European R&D center, without even going shopping once.

Fortunately, Hu Yang brought Lin Yan with him this time, so he asked Lin Yan to accompany Lu Yali to go shopping for two days, while he himself accompanied Gao Mingkang.

"Mr. Hu, did you hear that? Alcatel wants to get rid of the mobile phone business. Do you think it would be okay for Mincom Communications to acquire this part of the business?"

When Gao Mingkang said this, his eyes were shining.

"It's not that it can't be done, but their technology is not very strong to begin with. If you want to use this excuse to enter the European market, I'm afraid it will be difficult to do so."

At present, Nokia is the only one, and South Korea's Samsung is also rising. Not to mention Alcatel, even the old American communications company Motorola is struggling hard.

"Yes, we entered the 2G era too late. Otherwise, we should bet on the next generation of mobile communication technology."

Simulator (1g) is the era of Motorola. 2g is the era of Nokia, so who will be in charge in the future?

From Gao Mingkang's words, Hu Yang felt ambition.

"Mr. Gao, after we go back this time, let's restart the listing of Mingkang Communications in Xiangjiang."

Taking advantage of this opportunity, Hu Yang agreed to restart Minkang Communications' plan to list in Hong Kong.

"Mr. Hu, I have always believed that if you want to make a company bigger, going public is a shortcut. Fortunately, you have figured it out and let the company restart the road to listing. Thank you!"

Gao Mingkang has been thinking about it for so long, and Mingkang Communications finally saw the light of listing.

Hu Yang smiled and didn't say much. There are advantages to not going public. HW has never been listed. Isn't the company very successful?

After returning to the deep sea from Europe, Mincom Communications restarted its plan to list in Hong Kong.

This time, after the listing application was submitted, there was a response very quickly. Then, the entire listing process went extremely smoothly, completely different from the previous one.

After auditing, Mingkang Communications' total share capital was converted into 600 million shares, with net assets of 3.938 billion Hong Kong dollars, and an asset-liability ratio of 68.9%.

In the past few years, Mingkang Communications has developed very fast, and its net assets have increased tenfold. However, the liabilities are not low, and the company has been borrowing from banks.

In this listing, Mingkang Communications publicly offered 120 million shares, accounting for 20% of the company's total share capital. The issue price was HK$25 per share, raising a total of HK$3 billion.

On the first day of listing, Mingkang Communications' opening price was HK$31.88 and its closing price was HK$34.57, which was well received by the market.

After the listing, Huijia Holdings' shares in Mingkang Communications Company accounted for 36.8%, Gao Mingkang's shares in the company accounted for 26.4%. Lu Yali's shares in the company accounted for 16.8%.

Based on the closing price of the day, the total market value of Mingkang Communications reached HK$207.42. Among them, the market value of the company's stocks held by Huijia Holdings was HK$7.633 billion.

At present, the exchange rate of Hong Kong dollar to RMB is 1.06. When converted into RMB, the number is even larger.

"It's perfect! Mr. Hu, next the company can increase its transformation efforts. In the future, the company will focus on communication equipment and mobile phones as its main direction."

Gao Mingkang is very ambitious and hopes that the company will develop even more after it goes public. He is no longer satisfied with just producing mobile phones, but plans to continue to expand into the field of wireless communications, including some key components and even technical standards.

Of course, Hu Yang supports his idea. He will not prevent Mincom Communications from increasing its investment in research and development, even if the annual net profit margin is lower.

At present, Mincom Communications has fully understood Alcatel's mobile phone technology and has a number of its own technology patents based on this.

It can be said that the mobile phone products produced under authorization in the domestic market are better than the products produced by them in the European and American markets.

Therefore, although the products of Nokia and other companies still have a great advantage, the share of mobile phones of Mincom Communications in the mainland market has been rising steadily, and it has entered the ranks of the second group.

As for PHS, Mingkang Communications has always maintained the number one market share in the mainland, and the remaining two top players are zx and hw.

"Mr. Hu, the newly purchased office building of the company has been decorated. Huijia International Investment has not many people, so we can use up to 700 square meters of space. I plan to rent out the remaining office rooms."

The newly purchased office building has an area of ​​2,000 square meters and has been renovated. Xu Younian called Hu Yang mainly to report this matter.

"Well, it can be used for rent, but you should contact the relevant companies first. If they are interested in renting it, you can make some discounts on the price."

Mainland companies listed in Xiangjiang must set up offices in Xiangjiang. This is a rule. Currently, the companies listed on the Stock Exchange include: Xentong International, Mincom Communications, and there will be some more in the future.

These enterprises are inextricably linked to Populus euphratica, they belong to us, and they should provide some convenient and preferential conditions.

"Okay, I understand. I will contact them later."

Xu Younian is not a dispensable and marginal person in Hu Yang's "Huijia Clan". He is Hu Yang's confidant, so he arranged to host the Huijia International Investment Headquarters in Xiangjiang.

In fact, there was no need for him to report the follow-up matters in the office building to Hu Yang. The reason why he made this call was that he had guessed what the boss was thinking.

Just like before Hu Yang decided to buy an office building, Xu Younian had already viewed many properties in advance. Once Hu Yang made a decision, he could immediately take action and complete it.

After hanging up the phone, Hu Yang planned to visit the technology incubator.

Previously, on the day when Mingkang Communications went public, Mu Shaoqing also went to Xiangjiang with Hu Yang. After returning, Mu Shaoqing basically stayed in the technology incubator to deal with problems that arose during the expansion project at any time.

"Mr. Mu, the expansion project is progressing very quickly. Will it be completed early next year?"

When they arrived at the Science and Technology Incubator Park, Mu Shaoqing accompanied Hu Yang around the construction site. Hu Yang was already used to the speed of construction in the deep sea, and he just wanted to know the completion date.

"If it's quick, it can be completed by the end of the year. After all, the infrastructure part is not very complicated."

The Science and Technology Incubator Park does not have overly complicated infrastructure projects, nor does it have high-rise buildings. The main construction and interior decoration projects should be almost completed before the end of the year, and it can be put into use after being equipped with various facilities and equipment.

"This progress is very good, but you don't have to rush for success or make yourself too tired."

Hu Yang noticed that Mu Shaoqing had some fatigue on his face. As a boss, he still showed concern for his subordinates.

Mu Shaoqing responded with a smile, but I don't know if he took it to heart or not.

"Mr. Hu, come and sit in the office."

When Hu Yang arrived at the Science and Technology Incubator Park, he went straight to the construction site. This large circle took a lot of time.

Mu Shaoqing looked at his watch and asked Hu Yang to go to the office and rest for a while.

"I'm not going. I came here today just to see the progress of the project. I don't have anything else to do. Mr. Mu, go ahead and do your work. I'll leave first."

Not only Mu Shaoqing and Xia Bing, Hu Yang also likes the science and technology incubator park, so he has been paying attention to the expansion project. Unlike those several buildings that were completed one day earlier and one day later, Hu Yang didn't take it to heart at all.

"Mr. Hu, Mr. Cai from Universal Laser called you just now and asked me to inform you that tomorrow Universal Laser will hold a board meeting to discuss issues related to the construction of the headquarters building."

Back in the car, Lin Yan told Hu Yang that Cai Tianxing had called.

Hu Yang smiled and nodded, knowing that due to his several shareholding reductions, Huijia Holdings' voice in Huanyu Laser has been greatly weakened, and Cai Tianxing is going to forcefully promote the construction of the headquarters building.

But now, Hu Yang doesn’t care whether this proposal is passed or not. He will continue to reduce his holdings in Huanyu Laser.

"Well, Assistant Lin, you can call Mr. Mu later and ask him to go to the meeting tomorrow."

Hu Yang was too lazy to go in person, so he asked Lin Yan to notify Mu Shaoqing to go. However, he did not say anything about his attitude. Mu Shaoqing would probably handle it on his own.
Chapter completed!