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Chapter 370 Charm Semiconductor goes public

Chapter 370 Charming Semiconductor goes on the market

"There's nothing to worry about. On the one hand, Hongda is a state-owned enterprise, and on the other hand, they are financial investments. Apart from dividends, they don't have any rights in the company."

Hu Yang is really not worried about Hongda Asset Management Company. No matter what Su Bowen's position is, he will not have any influence on Charming Semiconductor.

"Hey, Su Cheng is also unlucky. He can't even take half of the advantage from you, but his own girl comes to your door..."

Chen Jialin breathed a sigh of relief and began to speak a little carelessly.

"It's not as dirty as you think...Su Tingting is actually a nice person, but it's a pity that she is Su Cheng's daughter."

Hu Yang didn't think too much about Su Tingting, and he had no intention of involving Su Tingting between himself and Su Cheng. In the future, it would be better to keep a distance and not take the initiative to provoke her.

"Brother Hu, how many more days are you going to be busy here? If it doesn't take long, I will wait to return to the deep sea with you. If it takes longer, I will book a ticket myself."

Chen Jialin noticed a slight change in Hu Yang's mood, so he smiled and changed the subject.

"I'll stay for two more days, and try to return the day after tomorrow. You might as well rest here for two days, and then we'll go together."

Hu Yang has notified Xu Younian that Xu Younian will come to Xijiang in the next two days. Together with Dong Qi, he will assist Qi Weicheng in reorganizing Xijiang Honghe.

"Okay, then I'll stay for two more days."

Chen Jialin decided to take a two-day break. During these two days, he had nothing to do but ride horses at the racecourse and climb mountains. It was considered a vacation.

The next day.

Hu Yang called in advance to make an appointment and came to Wu Di's office.

"Yang Yang, have things on the Honghe side of Xijiang been sorted out?" Wu Di said and handed Hu Yang a stack of information: "This is some basic information about Deheng Securities and Xin Investment Company. There will be a public auction in the Municipal Court tomorrow.

The proceeds from the auction of the equity of these two companies will be used for the aftermath of Xijiang Bandung."

Three days ago, Pang Qianli, who had been under residential surveillance, was transferred from the Imperial Capital to Jianghan and was asked for arrest. The court's auction of the equity of the two companies was conducted at the request of the creditors.

Xijiang Bandung previously mortgaged all these equity interests to the bank and took out a lot of money from the bank. Now that it has not paid back the money when it is due, it can only auction it.

Hu Yang looked down at the information. He knew that the other two financial institutions under Xijiang Bandung, Spring City Bank and Shancheng Securities, would also encounter the same dilemma, but the auction venue was not in Xijiang.

"Uncle Wu, let me go and take a look tomorrow. I can't guarantee that I will definitely bid, and I can't guarantee that I will be successful in the bidding."

Hu Yang thought about it and felt that it would be inappropriate to reject Wu Di directly, so he used a more tactful way of saying it.

"Just go and don't think too much about anything else. Hey, some people always think about whipping fast cows. Don't you know that the consequences of doing so will make others feel disgusted."

Wu Di didn't say much, and the province's opinions on the aftermath of Xijiang Bandung were not unanimous. His words were not a hint, they were simply an explicit statement.

"Okay, I know what to do. Uncle Wu, you're busy, I'll leave first."

Hu Yang brought this information with him. He did not need to register to participate in the auction. The province had already taken care of everything for him.

At noon, Hu Yang ignored Chen Jialin and went home to have a meal with his family. He did not return to the racecourse until dusk.

The next morning, Hu Yang took Lin Yan to the equity auction site. As soon as he entered the lobby, he met Su Bowen and his party.

"Mr. Su, are you coming to the auction too?"

"Can I not come? All the assets of Xijiang Wanlong are entrusted to us. Mr. Hu, let me introduce to you, this is Su Cheng. Third brother, this is Mr. Hu Yang."

The man standing next to Su Bowen, about fifty years old, was Su Cheng.

Su Cheng, or rather his Ankang Insurance Company, is an old rival of Hu Yang, but this is the first time the two have met.

"Mr. Su, hello!"

"Mr. Hu, you are younger and more handsome than I thought."

Hu Yang and Su Cheng shook hands lightly, and then they showed no interest in continuing to chat with each other.

Su Bowen quickly pulled Hu Yang aside and whispered: "Mr. Hu, why are you interested in these two companies again?"

Hu Yang had previously said in front of Su Bowen that he would not participate in the competition for Xijiang Wanlong's financial assets, but he happened to appear at the auction again, which can't help but make people think.

"I came here today to take a look. To put it bluntly, I just took advantage of the situation. Just pretend you didn't see me. Sorry, excuse me, I have some small things to deal with."

Hu Yang replied with a smile, and then walked straight into the auction conference hall.

Seeing this, Su Cheng couldn't help but feel a "thump" in his heart, and immediately told his agent to raise the price appropriately when participating in the bidding later.

He thinks that Hu Yang is very likely to betray his trust. Come and see? He doesn't believe it at all.

In fact, Hu Yang only raised his sign twice symbolically after the equity auction began, and his bids were both very low.

But Su Cheng didn't dare to be careless at all. He was deeply afraid that Hu Yang was acting and would jump out to fight for him at the critical moment.

Therefore, every bid from Su City's agent would be higher than originally expected, especially the last bid. In the end, Su City still got the shares of Deheng Securities and Trust Company, but it also paid a price

A hefty price.

"Lao Wu, what do you mean by this Populus euphratica? Since he has no sincerity in competing for these equity interests, why is he here? This has caused me to increase my costs by about 10%."

Su Cheng had something in his heart. He always felt that Hu Yang came here today to target him, so his agent followed the instructions and raised the bidding price.

The extra 10% of the cost was borne by Suzhou City.

"Third brother, I told you to come and take a look, but you didn't believe it. Hey, I'm too lazy to care about your affairs. None of you are a waste of energy."

Su Bowen didn't know what to say. As soon as the auction ended, he walked away.

Hu Yang didn't stay much longer. He almost left the auction site with Su Bowen. To be honest, his need for funds is not urgent now. If it is investment, he has more choices, and it is definitely better than getting involved in these two

The company being auctioned must be stronger.

Others are eyeing DeHeng Securities and trust companies because they are interested in the financing functions of these two companies.

Therefore, everyone has different standpoints and draws different conclusions when looking at the same thing.

Su Cheng was mute this time and couldn't tell how hard it was to eat Coptis chinensis. Anyway, Populus euphratica did not break his promise, and he really came to have fun.

"Haha, I have never seen them scare themselves like this. How should I put this? Su Cheng has probably done too many bad things, and he doesn't believe anyone."

Chen Jialin felt very funny when he heard Hu Yang describe what happened at the auction.

"I think Su Cheng is probably very hostile to me in his heart. It is precisely because of this deep-rooted hostility that he has lost his due judgment."

Hu Yang had a hunch that sooner or later he would collide with Ankang Insurance.

While Hu Yang and Chen Jialin returned to Shenhai, Xu Younian came to Xijiang after a long journey. The matter of Xijiang Honghe has come to an end for the time being, and the next step is how to resume the production of the enterprise.

"Mr. Hu, good news. Charming Semiconductor's listing application has been approved, and the company can be listed immediately."

Not to mention the energy of Qian Tongxin and Su Bowen, Yan Hanzhang ran upstairs excitedly that afternoon and told Hu Yang that Charming Semiconductor was about to go on the market.

Charming Semiconductor publicly issued 1.95 billion tradable shares to the public at an issue price of 3.8 yuan per share. This issuance adopted the method of simultaneous online placement and offline placement, with a financing amount of 7.41 billion yuan. It is one of the few large-scale securities markets in recent years.

ipo plan.

However, Charming Semiconductor itself has a lot of room for imagination and its theme is relatively unique, so it has been welcomed by the market.

On the day of issuance, both online and offline subscriptions were oversubscribed.

On the first day of listing, Charming Semiconductor's opening price was 5.68 yuan. Trading was very active throughout the day, and the final closing price was set at 6.13 yuan.

At present, the total share capital of Charming Semiconductor is 21.45 billion shares, which is a super large-cap stock at the "aircraft carrier" level in the current securities market.

If calculated based on the closing price on the first day of listing, the total market value of Charming Semiconductor has reached 100 million yuan, easily entering the ranks of the 100 billion club.

After the listing, Charming Technology Group is still the largest shareholder of Charming Semiconductor, holding 15 billion shares of Charming Semiconductor, accounting for 69.93% of the shares.

Integrated Circuit Development Fund and Hongda Asset Management Company and other concerted actors hold 4.5 billion shares of Charming Semiconductor, accounting for 20.97% of the shares.

"Mr. Yan, now Lao Sa and the others won't always complain that R&D funds are not enough, right? You can ask Huang Tao and the others to come up with a detailed plan and make good use of the raised funds."

Hu Yang himself was very proud that he suddenly had a company with a market value of over 100 billion. However, careful consideration was needed as to where the raised funds would be used.

There is no need to continue to expand production capacity for the time being. There are still several factories under construction. Therefore, in addition to maintaining normal production at this stage, we should increase investment in research and development.

"Okay, I will discuss this matter with Mr. Huang and others later. Hey, in this way, Mr. Sa will be very happy, and maybe we can achieve new breakthroughs in technology."

Yan Hanzhang is the chairman of Charming Semiconductor Co., Ltd., and these things are originally his job responsibilities.

"By the way, Mr. Hu, I also have a report from Charming Electronics here. They have successfully developed a new generation of camera phones. After testing, the x performance is quite good. They want to bring this new product to the market."

In an era when smartphones had not yet appeared, the functions of mobile phones could only make breakthroughs in certain aspects. For example, the music mobile phones that are very popular among young people emphasized the music attributes of mobile phones.
Chapter completed!
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