The rise of nanometers

Chapter 370 Listing Plan

Suiren Company Headquarters.

Jiang Hailin returned from the Magic City and came directly to Lin Baijie's office.

Lin Baijie, who had just dismissed the Samsung negotiation team, saw the helpless Jiang Hailin and knew that his trip was not going well. He said with a smile:

"Have a cup of tea first."

Jiang Hailin sat down and breathed a sigh of relief: "Those guys have no sincerity at all and have no intention of changing themselves. The root cause of the current domestic stock market problems lies with themselves."

"As expected." Lin Baijie smiled and shook his head.

"By the way, what's Xiuyuan's opinion?"

Lin Baijie raised his glasses: "Execute plan B and list on Dalian Stock Exchange."

"Can the Dalian Exchange be listed?" Jiang Hailin was a little confused. He had been busy negotiating with the A-shares these days and had not noticed the situation on the Dalian Exchange.

Lin Baijie handed him an internal document: "This is an internal approval document from two days ago, which allows us to conduct a pilot project on the Dalian Exchange, but only for ore-related companies."

"In other words, the company plans to list Blue Star Mining?" Jiang Hailin reacted instantly.

Lin Baijie nodded: "At present, Blue Star Mining has sold a total of 25% of its shares to the social security fund. The remaining 15% is expected to be completed around 2015."

Previously, Suiren sold part of Blue Star Mining's shares to the Social Security Fund. According to the transaction contract, the Social Security Fund will eventually obtain 40% of Blue Star Mining's shares.

With the great expansion of Blue Star Mining around the world, the social security fund purchased 40% of the shares for RMB 1.68 trillion, which is definitely a huge profit.

You must know that Blue Star Mining currently has major subsidiaries around the world, including Rio Tinto, Luzon Copper Development Company, Moroccan Phosphate Development Company, Mobei New Opportunity Mining, Kazakh Mineral Development Group, Siberia Mining, Peru Copper, New Guinea Bauxite Development Company and other 37 subsidiaries.

With total assets of 7.6 trillion yuan, it is the world's most powerful mining conglomerate. It also has numerous refining bases in China that can produce mineral sintered sand and nanopowders.

After selling 40% of their shares, Lin Baijie and Huang Xiuyuan decided to promote the listing of Blue Star Mining after careful discussions.

However, the previous negotiations with A-shares did not go smoothly, so Huang Xiuyuan had already arranged Plan B to allow Dalian Exchange to obtain the qualification for stock trading operations.

In terms of relationship, the Dalian Exchange and Suiren are much closer than the Shanghai Stock Exchange and Shenzhen Stock Exchange. Li Hongwen, the general manager of the Dalian Exchange, is also the former president of Huang's International.

Therefore, Huang Xiuyuan is more inclined to list on the Dalian Exchange.

According to this internal approval, the Dalian Exchange obtained a stock trading license, but from 2012 to 2015, only a maximum of 10 companies could be listed, and they must be mining-related companies.

After reading the document, Jiang Hailin asked directly: "Lao Lin, does Blue Star Mining plan to list 10% of the original shares according to the previous plan?"

"Well, 10% is already a lot. After all, Blue Star's total assets currently reach 7.6 trillion. 10% is 760 billion. If 10 billion shares are issued, each share will cost 76 yuan."

Jiang Hailin naturally understands that Blue Star Mining is too huge and is one of the important cores of the Huayuan-ore system. It is estimated that 10% will be sold in batches.

According to the plan, the listed and tradable shares of Blue Star Mining will be sold in two parts, one part is internal subscription or reward, and the other part is randomly selected.

This part of the stock adopts different voting rights for the same stock, which is different from A shares.

However, stocks on the Dalian Exchange have another rigid clause, that is, dividends must be distributed within three years, and the dividend ratio must not be less than 20% of the net profit for that year.

From the fourth to the tenth year, dividends must be distributed no less than three times; from the eleventh year onwards, dividends must be distributed every year.

The purpose of this design is actually very simple, that is, to return stocks to their essence and turn them into an investment and financial management rather than a financial game of speculation and gambling.

As long as the dividends are large enough and maintained for a long time, I believe it will attract many long-term investors.

In fact, Blue Star Mining's profitability is very strong. As the world's largest mining conglomerate, the amount of ore traded is very staggering. This year's net profit is expected to reach about 350 billion yuan.

This profit scale will increase with the development of the global economy and will last for a long time.

The listing of Blue Star is also a huge benefit to the Suiren Group. Many employees who cannot meet the allotment requirements can obtain Blue Star Mining shares through internal subscription opportunities.

At the same time, some employees who have made outstanding contributions can also be rewarded with some shares of Blue Star Mining. Compared with virtual shares, the advantage of this stock is that it can be held for a long time and can also be traded.

Internal virtual shares cannot be traded, and there are certain time limits and restrictions.

The listing of Blue Star Mining this time can be regarded as an opportunity for employees to obtain Blue Star Mining stocks.

Jiang Hailin was slightly excited: "When does Xiuyuan plan to start internal subscriptions and rewards?"

"Starting in May, Blue Star Mining will be listed on the Dalian Stock Exchange on June 1."

Taking a sip of green tea, Jiang Hailin asked with a smile: "Old Lin, you will get a lot of incentive stocks this time, right?"

"Not much, just 20 million shares. You also have 12 million shares." Lin Baijie seemed calm.

"Twenty million shares is 1.52 billion. Lao Lin, you will become a billionaire all of a sudden." Jiang Hailin joked.

In fact, they have long been billionaires. After all, over the years, the company's fictitious stock dividends, plus year-end bonuses and salaries, as well as houses and cars, it is quite normal to have assets of hundreds of millions.

However, the management's dividends are not as good as those of technical staff, such as Lu Xuedong, Zhang Jingjian, and Miao Guozhong, the core members of the scientific research department, all worth around one billion.

However, Lu Xuedong rarely uses money. In addition to giving some money to his family and doing a small business, he set up a charity fund with the remaining money and linked it to Suiren Company's charity projects.

This year alone, Lu Xuedong has donated 500 million yuan to fund education in backward areas of the country and to support poor diabetic patients.

In the Suiren Charitable Foundation, many managers have charitable funds set up in their own names. After all, Huang Xiuyuan donates at least a billion dollars every year. These managers need to be aware of it.

Suiren Charitable Foundation exists in basically every region in the country, and there are dozens of various charity projects, all of which are donations from company management affiliated with the Suiren Foundation.

Jiang Hailin and Lin Baijie chatted for more than ten minutes, discussing various details of Blue Star Mining's listing and how to dispose of the funds obtained from the sale of shares.

Currently, there is plenty of money in semiconductors, and there is no need to invest this money in semiconductors and consumer electronics.

"I have discussed with Xiuyuan several times about investing in medical projects!"

Jiang Hailin was stunned: "Medical care? That's right. It's been almost a year since Shennong Group was established. How is it developing?"

Lin Baijie didn't have much hope for this: "It's just so-so. We have built a dozen drug laboratories and many projects have been launched. I don't know how many of them will bear fruit."

"As long as one or two projects are successful, at least the investment will not be too risky. After all, the developed medical technology in the West has been accumulated over decades."

Regarding Jiang Hailin's words, Lin Baijie nodded: "Xiuyuan intends to narrow the gap between China and developed countries by spending money."

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