Reborn Tokyo Golden Age

Chapter 239: Shirakawa Electric's Listing Agreement

Facing Watanabe Ichiro's smiling face, Bai Chuanfeng also nodded with a smile.

"I return to my hometown this New Year, and I deeply feel that Akita is lagging behind compared to Tokyo.

Therefore, where I can, I also want to contribute a little to the economic development of my hometown.

And because there are too many things here in Tokyo, it is really impossible to leave for a long time.

So I can only trouble Arai-san to look after Akita. "

"I see." Ichiro Watanabe nodded, "I heard that Bai Chuan-san's investment in Akita this time involves a wide range of industries?"

"It can be said that way." Bai Chuanfeng said with a straight face, "Manufacturing, tourism, local finance, and even the service industry are all involved.

After all, the place is remote and there is no such comprehensive industry service as Tokyo.

Therefore, in some fields, Bai Chuan can only reluctantly go out in person. "

"Shirakawa-san's words are wrong." Ichiro Watanabe shook his head full of regret, "The first bank is also keen on investing in the local economy.

Just like local finance, we have rich experience and complete solutions to support local economic development. "

"That's right, that's a pity." Bai Chuanfeng seemed to be belatedly aware, regretting his slow reaction.

Everyone is an acting school, and no one is worse than the other.

"I look at Arai-san's place, it seems that I can't cope with it." Watanabe Ichiro said very considerately.

"I haven't been back to Tokyo for almost three months. How is it? Do you need the help of the first persuasion bank?"

"That's not necessary." Bai Chuanfeng expressed his gratitude and insensitiveness to the first persuading Yin to help.

"Arai-san will return to Tokyo soon, and" Bai Chuanfeng paused, "to be honest, this investment is also entrusted by the local government.

Local businesses are in crisis and time is running out. I don't have time to think about it, in line with the idea of ​​supporting the hometown club.

Therefore, we acted in a hurry and provided some assistance in time. "

"So that's the case." Watanabe Ichiro nodded knowingly, and then didn't ask any more questions.

Huh~ It's finally over.

But just after a round of confrontation, when Bai Chuanfeng thought the matter was over like this.

The other party suddenly changed the subject and turned in another direction.

"Bai Chuan-san, if I remember correctly, Bai Chuan Electric has been established for almost two years, right?"

Bai Chuanfeng didn't know what he wanted to express, so he could only nod calmly.

"Indeed, in two or three months, it will be the second anniversary of Baichuan Electric."

"It's been two years, time flies so fast." Ichiro Watanabe nodded with emotion at first.

Then he pointed out, "Then in another year, it will be the third anniversary."

"Watanabe-san means" Bai Chuanfeng seemed to understand a little bit.

But before he could think about it, Ichiro Watanabe raised three fingers.

"After the third anniversary, Baichuan Electric can go on the market."

Sure enough, it turned out that he was waiting for him here.

No wonder Bai Chuanfeng didn't believe that the other party didn't know anything about his actions in his hometown anymore.

Even Bai Chuanfeng had reason to believe that the other party already knew everything.

I just used Fujitsu's excuse today to remind myself.

First, Quanyin has assets invested in Baichuan Electric, and has a certain interest relationship to a certain extent.

I wasn't worried before, but if Bai Chuanfeng had his own bank.

Even if it is local finance, it is possible to put aside itself in the future and go through the listing process alone.

In that case, wouldn't the first Quanyin's previous investment be in vain?

So at this moment, Watanabe Ichiro looked at Bai Chuanfeng with burning eyes.

I want to get a guarantee from him, what guarantee?

Bai Chuanfeng took a deep breath, "What Watanabe-san said is that Bai Chuan Electric will indeed go on the market in a year's time."

"Then." Watanabe Ichiro continued to stare at him, "The listing of Shirakawa Electric"

"Please ask the first persuasion silver to help with the operation." Bai Chuanfeng gave his answer without hesitation.

Seeing that Bai Chuanfeng was so knowledgeable, Ichiro Watanabe nodded in satisfaction.

"A company must go through the financing process to go public, even if the company has no capital needs, it is best to go through a round of financing.

About this point, Bai Chuan-san can understand, right? "

Bai Chuanfeng nodded, this was not beyond his expectation.

In fact, there are no hard and fast requirements, and companies must go through financing before going public.

Those companies that have angel rounds and even ABC rounds of financing later.

At the beginning, it was a lack of money. In order to attract investors, it will go through multiple rounds of financing.

After all, if there is no shortage of money, who wants the shares in their hands to be diluted.

And Baichuan Electric is also not short of money, so why does it need to go through financing before going public?

The answer lies in the one in front of you.

The purpose of financing is to adjust the shareholding structure. How can No. 1 Quanyin become a shareholder of Baichuan Electric without financing?

First Quanyin provided low-interest loans, provided land, and undertook the construction of the headquarters, and later led Fujitsu for SIC.

What for? Isn't it just to wait for the shares of Baichuan Electric before it goes public?

The first persuaded Yin to absorb Baichuan Electric and join its own consortium. Financing is an indispensable step.

"Then about the pre-IPO financing." Watanabe Ichiro thought for a few seconds before giving his offer, "What do Bai Chuan-san think of 20%?"

Bai Chuanfeng's face changed, "Watanabe-san, Baichuan Electric has not relied on anyone's help since its establishment.

It has already begun to make profits, and there is no need for such a large financing share. "

20%? What a joke, you are going to take away one-fifth of my original shares with just one mouth.

Counting the tradable shares after the listing, the remaining Baichuan Holdings may not be able to guarantee an absolute control of Baichuan Electric.

If Shirakawa Electric is listed, there is a high probability that it will be listed on the first section of the Eastern Stock Exchange in the future.

The condition for listing on the first part of the TSE is that the tradable shares must be greater than or equal to 35%, and counting the 20% of the first bank, how much is Baichuan Holdings left?

Not to mention that when there is definitely more than one financial institution responsible for underwriting stocks, there are even fewer left.

Then look at the Japanese companies listed in the local market in the current era. How many of them are not absolutely controlled by themselves?

So regarding this point, Bai Chuan refused without even thinking about it.

"So how about 15%?"

As if he also knew that the 20% asking price was too outrageous, so Ichiro Watanabe didn't bother, and directly re-quoted.

Bai Chuanfeng sighed, "Watanabe-san, you must know about the business situation of Baichuan Electric.

In the entire consumer electronics field, among listed companies of the same type, Baichuan Electric's profit margin is definitely at the forefront.

It is not too much to say that Baichuan Electric is the best blue-chip stock, right? "

Ichiro Watanabe nodded, he admitted this point, otherwise, First Quanyin would not have been so active in planning to invest in Baichuan Electric.

But he still has something to say, after all, the first persuasion silver is not nothing.

"Watanabe-san," but Bai Chuanfeng didn't even give him a chance to speak, "10%! The most!

As you understand, if it wasn't for the return of the first persuasion bank, Baichuan Electric would not even need to go public. "

In fact, this is Bai Chuanfeng talking nonsense with his eyes open. Regardless of whether there is the first persuasion silver or not, Bai Chuan Electric will be listed in the future.

But pretty words don't cost money, so Bai Chuanfeng flattered him by the way.

"In addition to the first bank, Nomura Securities, I have to give some explanations."

Bai Chuanfeng pulled out Nomura Securities again, and the name of Japan's largest securities firm is still easy to use.

Sure enough, Ichiro Watanabe hesitated when he heard the name.

He was really afraid of driving Bai Chuanfeng into a hurry, so he simply chose not to go public.

After all, according to the internal estimates of First Quanyin, the profit margin of Baichuan Electric is astonishing.

Otherwise, it would be impossible to spend such a large sum of money to acquire a local bank.

"Then, happy cooperation!" After thinking for a while, Ichiro Watanabe accepted the equity offered by Bai Chuanfeng.

As the executive of the first persuasion bank, he has enough power to finalize such a cooperation.

Moreover, during the growth of Baichuan Electric, the first Quanyin did not pay anything.

It is already very good to get such a high-quality stock.

In addition, the first persuasion bank consortium generally holds about 15% of the shares of internal clubs.

Those clubs that No. 1 Quanyin absolutely controls, or is the largest shareholder of, are the core enterprises of the consortium.

As for the shares of Shirakawa Electric that have just been acquired, the first persuader is not in a hurry.

Hearing the other party's reply, Bai Chuanfeng also heaved a sigh of relief. "Happy cooperation!"

In this way, the two parties have initially reached an oral agreement on the listing of Shirakawa Electric next year.

Before going public, First Quanyin will obtain a 10% controlling stake in Baichuan Electric.

Of course, 10% of the shares need to be bought with money, and the rich and powerful No. 1 Quanyin didn’t even talk about the market valuation of Baichuan Electric at that time.

The meaning couldn't be more obvious. No matter how much Shirakawa Electric's valuation is, First Quanyin will take away 10% of the equity.

Tsk, arrogant and unreasonable.

Of course, apart from the first persuasion bank, the Nomura Securities that Bai Chuanfeng mentioned before is not a nonsense.

Nomura Securities is helping Bai Chuanfeng's residence, the SIC building, and even selected real estate in other areas.

If Baichuan Electric is listed, the other party will also be one of the financing targets.

This point, Bai Chuanfeng also gave verbal acceptance in the previous few contacts.

However, the specific shares will definitely not be as many as the first persuaded silver.

In addition, Bai Chuanfeng chose to raise funds before listing, which is also for consideration after listing.

Now that it is listed, the shares of Baichuan Electric must be circulated in the stock market.

And with the endorsement of financial giants such as First Quanyin and Nomura Securities, Baichuan Electric can also give confidence to shareholders.

After all, who doesn't want the stock price of their club to be higher, and the market value of the club to be higher?

Everything is for profit.

After reaching a preliminary agreement with the other party on the future listing of Shirakawa Electric, Watanabe Ichiro also left contentedly.

The reason why he came here today is not only because of Fujitsu.

Bai Chuanfeng's acquisition of Beidu Bank was also one of his focuses.

In other words, the acquisition of Beidu Bank, First Quanyin is also acceptable, but the purchase of shares in Baichuan Electric must be guaranteed.

So Beidu Bank became an excellent reason.

And under Ichiro Watanabe's step by step, Bai Chuanfeng also made his promise, and finally the first persuasion Yin also achieved his goal as he wished.

None of these big consortiums can worry, Bai Chuanfeng leaned back in his chair and thought quietly.

The first persuasion silver is the moderate one among the big chaebols.

If it was another chaebol, he might have a headache.

——

PS: After a few more days, I will try to speed up the pace

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