Rebirth of the World’s Richest Man

Chapter 3815 Listing location

October 31st, the last day of October, a shareholders' meeting was being held in the conference room of Oriental Bank's headquarters in Magic City. Yesterday, Jiang Xiaobai had already communicated with many shareholders on a small scale and gained the support of most of them. support.

 At the general shareholders' meeting, it only needs to be formally proposed.

At the shareholders' meeting, Jiang Xiaobai officially announced the resolution to promote the listing of Oriental Bank. At the same time, he officially resigned from the position of chairman and elected Zhao Xiaojin as the chairman of Oriental Bank.

 Lead Oriental Bank to officially start its listing journey.

Zhao Xiaojin gave a formal report at the shareholders' meeting. Compared with the simple chat with everyone about the listing last night, Zhao Xiaojin let many shareholders know that they understand what listing should be like.

 Zhao Xiaojin’s speech today was more formal.

 After the opening remarks, I summarized the key points of Oriental Bank’s listing into several aspects.

The first is "The Art of Pricing", the second is "Winners Never Cheat", the third is "Tell a Clear and Simple Story", the fourth is "The Experience of Pioneers", and the last is "Replicable Listing Model" ".

Today’s speech is more systematic. The pricing issue is mainly about communication with the underwriters, including how to better adjust the price of Oriental Bank during the road show to achieve a higher and more appropriate issuance price. Issued shares of Oriental Bank.

The second point is that winners never cheat. In order to solve the trust problem of investors, all kinds of data released by Oriental Bank, including a series of data such as profit rate on assets, return on net assets, non-performing loan ratio, etc., are all required. It has been audited by the internal audit department, audited by an international accounting firm, verified by regulatory authorities, and due diligence conducted by strategic investors.

Any data must withstand scrutiny and must be absolutely true and without a trace of water. Only in this way can we better gain the trust of investors.

 The third point is to tell a clear story and let many investors know that Oriental Bank is making money, its balance sheet is clean, there are no unfilled holes, and there are no huge bad debts.

 The money investors invest in Oriental Bank is not used to fill old holes... and a series of other issues.

The fourth point of pioneering experience is to learn from the four major banks that have been listed before, study seriously, summarize the problems they encountered during the listing process, and correct the imperfections and flaws. Learn from the good experience. …

Finally, there is the listing model that can be copied. Since the previous bank listing has been successful, it means that the market is very optimistic about domestic commercial banks, and there are people in front of them who have paved the way. All you need to do is follow the steps and learn well. By summing up and avoiding the bad ones, Oriental Bank can become the next bank to be successfully listed.

At five o'clock in total, after Zhao Xiaojin finished speaking, the audience burst into applause. At Jiang Xiaobai's suggestion, everyone unanimously elected Zhao Xiaojin to become the chairman of Oriental Bank and be responsible for the listing of Oriental Bank.

 Once the shareholders agree, the opinions of the remaining board members are no longer important.

　　After confirming the chairman of Oriental Bank in the morning, the entire Oriental Bank held an enlarged board meeting in the afternoon. All shareholders participated and began to discuss the listing.

 There are two issues with listing, one is listing on the domestic A-share market, and the other is listing on the Hong Kong stock market in Hong Kong. There is no doubt that Xiangjiang's market is more flexible. If possible, many companies would still be willing to list in Xiangjiang. However, Oriental Bank's main business is still in the mainland. It would not be bad if it were listed on the Shanghai Stock Exchange in the mainland.

 And being familiar with the road also has certain advantages.

 These two points depend on how everyone chooses.

There was a fierce debate in the conference room. Some people agreed to list in Xiangjiang, thinking that listing in Xiangjiang would be more suitable for Oriental Bank. The reasons are as follows.

 First of all, the capital market in Xiangjiang is highly market-oriented and is less subject to policy intervention. The regulations are clear and the policies are transparent. It is easier to obtain approval. Companies can basically make their own judgments in advance on whether to go public, and the certainty is stronger.

Secondly, the issuance system of the capital market in Xiangjiang implements a registration system, and the exchange can decide whether the company can be listed. Generally, the listing process can be completed in 6-12 months. On the other hand, the mainland's issuance system adopts an approval system, and the success of listing depends on the approval rate of the China Securities Regulatory Commission.

 This issue of timing also needs to be considered. Now in the Mainland, in addition to the four major banks, many city commercial banks have begun to get listed together, and a few of them can be approved.

Even if it is approved, it is hard to say whether it will be delayed.

 And this kind of thing is also a point that many people are worried about. Everything in China is like this. Once it is overheated, the higher authorities will want to put on the brakes. If this happens, it will step on the head of Oriental Bank.

 What should I do if I miss this opportunity to go public?

 If you don’t take advantage of this wave of financial stocks to go public when they are hot, it is very likely that the market will change and there will be no current market enthusiasm, and the time to go public will no longer be available.

In addition, the capital market in Xiangjiang is a relatively international place. Listing in Xiangjiang will greatly increase the company's international reputation and expand the influence of the corporate brand in the world. It will help enterprises to use international capital to open up the international market and allow more companies to open up the international market. More potential customers understand the company and its products, build trust, and facilitate the company's business operations.

 When Oriental Bank is listed in the future, it will definitely become a global commercial bank. Listing in Hong Kong will make it easier to expand its influence.

 The last point is the convenience of mergers and acquisitions. It is relatively common for listed companies in Xiangjiang to use stocks as merger and acquisition tools, and it is a market-oriented operation without administrative approval.

If you use the platform of Xiangjiang listed companies to conduct international mergers and acquisitions, the convenience is also better than that of A-share companies involving cross-border approvals. This point is based on future considerations. Oriental Bank will follow the route of a global commercial bank. Future acquisitions and mergers are indispensable. Only acquisitions and mergers can expand market share faster.

Among these people, Director Lu and the Liu brothers all support listing in Xiangjiang. They are all a group of old people and speak loudly. They unanimously support the listing of Oriental Bank in Xiangjiang and believe that all aspects of listing in Xiangjiang are , are the best choices for Oriental Bank.

 But some people support listing on A-shares.

 (End of this chapter)