Daguo Science and Technology started from the copycat system

Chapter 658 Xia Yuan’s internationalization? !

But Lin Chen really needs at least 300 billion Xia Yuan as a base, preferably more than 500 billion Xia Yuan, so people who have made the decision are in a headache.

"Boss, I think Shuguang Technology should re-list on the Daxia Magic City Stock Market or the Xiangjiang Stock Market!"

The person who spoke at this time was Li Qianqiang, the sales director in charge of product marketing.

Lin Chen definitely doesn't want to sell shares, but selling shares to other companies and going public on the stock market are different concepts.

Although the final result seems to be the same, Lin Chen's shares have indeed decreased, but the actual meaning is different.

On the other side, Ni Guangnan, who heard Li Qianqiang’s words, immediately questioned:

“But is what we are doing legal and compliant? And is the domestic stock market really willing to accept us?

After all, we are too big, with a market capitalization of US$700-800 billion. Can their stock market really accommodate us? "

After hearing Ni Guangnan's words, the scene suddenly fell into silence.

Because this is indeed the case. The size of Sugon Technology is simply too huge.

Before Sugon Technology launched engineering robots, Sugon Technology's regular market value was as high as US$400 billion. After the launch of artificial intelligence Suguang, the market value soared to US$500 billion.

At this time, Sugon Technology launched the third generation of Sugon computers, Sugon mobile phones, the second generation of artificial intelligence Sugon and its six major functions, engineering robots and quantum computers, etc.

If Sugon Technology were still listed on Nasdaq, it would be no exaggeration to say that its market value would reach trillions of dollars.

Now Ni Guangnan only claims that the market value is US$700-800 billion, which is on the small side and a conservative self-judgment.

And with such a huge volume, can the stock markets in these two places really support the listing of Sugon Technology? Will the higher-ups allow such a Big Mac to be in the country?

In this regard, Rebus seemed to have thought of something at this time, and said with a slight smile:

"You don't have to worry about listing in the mainland. In fact, as long as we reveal this, the higher-ups will be more anxious than us.

As for whether the mainland stock market can accommodate our huge market capitalization, there is no need to worry about this. After all, we are not an ordinary company. "

After hearing what Rebus said, many people present showed puzzled expressions, wondering why Rebus said this.

At this time, Professor Zhang Rujing, who was in charge of Dawn Semiconductor, seemed to understand what Rebus meant, so he explained to everyone:

“The listing of Shuguang Technology in Daxia will indeed have an impact on Daxia’s stock market. After all, with our size, once listed in Daxia.

Daxia's stock investors will definitely sell the stocks of other companies and instead buy the stocks of our company, which has repeatedly created miracles, which will eventually cause shock and turbulence to Daxia's stock market.

But as long as we make the news about going public in Daxia bigger, it will be known to everyone around the world.

Let them know the benefits of buying Sugon Technology stocks and let them open accounts to buy Sugon Technology stocks. That will make the Daxia stock market cake bigger!

It is true that the stock market and stock investors in China cannot survive us, but what if we include the small and wealthy people across the country and the wealthy overseas?

So we are like a catfish. Although we entered the Daxia stock market, it caused an impact.

But it has also made the cake bigger by countless times, and it has also made Daxia the name of the stock market. In the future, when other companies see that Shuguang Technology is listed in Daxia, they may choose to list in Daxia.

So as long as they are motivated by our joining, they will definitely be eager for us to be listed on the mainland. "

Hearing this, everyone at the scene showed expressions of sudden realization, and then looked at Rebus and Professor Zhang Rujing with admiration.

But at this time, Rebus added to Professor Zhang Rujing’s words:

"Professor Zhang Rujing is indeed very powerful. He immediately understood my train of thought, but he missed two points.

The first point is that we have to pay 20% personal income tax when we go public in China. With our terrifying market value, even if we take out 10% of our shares to go public, we will still have to pay hundreds of billions of dollars in tax.

The second point after this is the issue of Xia Yuan’s internationalization. Since Daxia joined the WTO in 2002, we have been pursuing the issue of Xia Yuan’s internationalization.

After all, we have always needed to use the U.S. dollar as a transit currency for overseas transactions, which requires an extra cost and is not conducive to our development in Daxia.

After all, many domestic companies and individuals have U.S. dollars, but the outside world only recognizes U.S. dollars and does not recognize your Xia Yuan.

People in China who want to do business or buy something overseas can only exchange their Xia Yuan into US dollars. The same is true for foreigners who want to buy things or do business in China.

Therefore, this kind of behavior that requires the use of a third-party currency requires a handling fee, which is quite troublesome.

If you can use Xia Yuan to trade directly, you won't have to go through such trouble. The scale of Daxia's overseas transactions will also become even larger after the threshold is lowered.

Under this circumstance, if we go public in Daxia, especially the Shanghai Stock Exchange, we will invisibly allow Xia Yuan's tentacles to reach all over the world.

After all, if those overseas want to hold Sugon Technology stocks, they must open a Daxia bank account.

Then they exchanged their U.S. dollars, Japanese yen, euros and other currencies into Xia Yuan through Daxia Bank, and finally opened an account in the Shanghai Stock Exchange to purchase shares of Shuguang Technology.

In this process, we not only obtained a lot of foreign exchange through this exchange behavior, but also made Daxia Bank an international bank, and also made our Xia Yuan international in disguise! "

"Wow!"

Hearing Rebus's words, the scene instantly became an uproar.

"Wonderful! This is simply wonderful."

Chen Dong, the person in charge of Sugon Manufacturing and Sugon Electronics, couldn't help but exclaimed in amazement, and looked at Rebus with shock in his eyes.

I didn't expect that Shuguang Technology's listing on the Daxia stock market, especially the Shanghai Stock Exchange, would involve so many things and bring so many benefits to Daxia.

However, at this time, Ni Guangnan asked a more serious question:

"But is our listing in Daxia legal and compliant? After all, we were listed on Nasdaq before, and what should we do with the stocks held by Nasdaq investors?"

Facing the question raised by Ni Guangnan, Rebus gently waved his hand and said:

"The fact that we were forced to delist by Bald Eagle is an unreasonable disaster. We made no mistakes ourselves. It is just and justified for us to transfer to the Daxia stock market for listing.

As for legal compliance issues? If it says it's legal, it's legal. If it says it's compliant, it's compliant. Small criticisms don't matter. (End of chapter)

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