Starting out as a drug dealer in 1988

"Mr. Zhao, may I ask how many shares Hengyuan Electronics will sell in its partnership with Goldman Sachs and Meifeng Group?"

"Mr. Zhao, is there something wrong within Hengyuan Electronics? Why are you selling your shares?"

"Excuse me, Mr. Zhao, is Hengyuan Electronics preparing for its IPO?"

……

A group of reporters poured into the conference room like a tide, and the flash lights kept flashing, like lightning across the night sky, blinding everyone's eyes.

The topics of discussion were varied, but almost all of them revolved around Hengyuan Electronics' sale of shares.

Before this, Zhao Wenhao had never leaked any information to anyone, so no one, including the media, the public, or even the people inside the company, knew much about this matter.

And now, it's finally time to reveal the answer.

Many people have speculated about the reasons and scale of Hengyuan Electronics' share sale. Some believe it may be due to financial constraints and the need for financing, while others speculate it may be to introduce strategic investors to enhance competitiveness.

Various speculations came one after another, making the whole scene extremely lively.

Zhao Wenhao made an inviting gesture and walked to the podium with Song Weixuan.

"Hello, friends from the press, thank you all for coming." Zhao Wenhao gestured, signaling everyone to keep quiet.

When the reporters saw Zhao Wenhao speaking, they finally stopped asking questions, but the photographers started taking pictures of Zhao Wenhao frantically.

The flash lights kept flashing, dazzling people.

Zhao Wenhao stood on the stage, looking at the reporters below with a serious expression. He cleared his throat, then picked up the microphone and said, "Dear media friends, thank you for your attention and support to Hengyuan Electronics.

Today, I have an important announcement to make.

Hengyuan Electronics will sell 11.2% of the company's shares to Goldman Sachs and Meifeng Group for 10 billion yuan respectively.

The three parties have reached an agreement and are about to sign the relevant agreement.

This is a strategically significant cooperation, and we believe it will bring more opportunities and development space to Hengyuan Electronics.

At the same time, we hope that this cooperation will further enhance Hengyuan Electronics' brand image and market competitiveness. Thank you everyone!"

As soon as Zhao Wenhao finished speaking, there was a burst of warm applause from the audience.

Immediately, a young female reporter eagerly raised her hand and asked, "Mr. Zhao, I'm a reporter from the Xiangjiang Daily. Is this, as rumored, Hengyuan Electronics' first round of financing before going public? If so, when do you plan to launch the second round?"

Zhao Wenhao smiled and nodded, "Just as the reporter said, Hengyuan Electronics is indeed preparing for listing.

This financing is also for Hengyuan Electronics' future development plans.

As for the timing of the second round of financing, it has not yet been determined, but we will evaluate and make decisions based on the company's actual situation and market demand.

Please continue to pay attention to our official channels for the latest information."

After saying that, Zhao Wenhao said no more and handed the microphone to other reporters.

"I'm a reporter from the Huining Evening News. Mr. Zhao, as the first company in Huining Province to plan to go public, how did you choose the listing location? Will you choose to list domestically, overseas, or in Hong Kong?"

Zhao Wenhao smiled at his old acquaintance from the Huining Evening News, nodded slightly, and said, "Regarding this question, our previous collaboration with Meifeng Group and Goldman Sachs has already provided the answer. That's right, Hengyuan Electronics plans to go public in Hong Kong."

"I'm a reporter from Huining TV. Mr. Zhao, the first round of financing has been completed. Will the second round of financing accept new investors?"

Zhao Wenhao replied with a firm gaze, "Although I can't tell you the exact date of the second round of financing, I can make it clear that we will continue to accept new investors. However, the prerequisite is that these investors can bring tangible benefits to Hengyuan Electronics."

……

After a heated discussion and questioning, most of the questions were finally answered.

Then, Song Weixuan stood up and delivered a speech on behalf of Goldman Sachs and Meifeng Group.

Then, Lu Han placed two contracts in front of both parties and handed over two pens.

Under the gaze of numerous reporters, both parties solemnly signed their names.

The flash lights kept flashing, recording this important moment.

It was not until Zhao Wenhao personally escorted Song Weixuan and his group into the lounge that they were temporarily freed from the reporters' harassment.

............................

Huining Evening News: Hengyuan Electronics, the leader of private enterprises in Huining Province, is about to go public!

Xiangjiang Daily: As a leading company in the home appliance industry, Hengyuan Electronics has completed its first round of financing and is about to go public!

Guangdong Morning Post: 10%, 11.2 billion yuan! Hengyuan Electronics is about to take off!

……

The next day, a thick stack of newspapers was placed on Zhao Wenhao's desk.

These newspapers come from different provinces and cities, and each one reports the news that Hengyuan Electronics is about to go public.

Zhao Wenhao picked up the newspapers and read them carefully one by one.

As early as July last year, a beer company in Shandong Province was successfully listed in Hong Kong Island.

This was the first company to be listed in the mainland, which caused a huge sensation.

Half a year later, Hengyuan Electronics once again proposed a listing plan, which undoubtedly set off a new round of heated discussions.

People are full of expectations for this company, hoping that it can become the next mainland enterprise to be listed on Hong Kong Island.

Since yesterday afternoon, Zhao Wenhao's office phone has been almost blown up.

Anyone who can call his office directly is naturally not an ordinary person, so he can only reply one by one.

"Mr. Zhao, Secretary Wang called and asked you to go to Mayor Fei's office this afternoon if you're free. What do you think?"

Lu Han held the phone in one hand and covered the microphone with the other hand, and asked softly.

Zhao Wenhao looked at the time and nodded: "Ask Secretary Wang, is one o'clock in the afternoon okay?"

Lu Han immediately replied to Secretary Zhou.

"Dingling, ringing, ringing..."

As soon as he put down the phone, the ringing sounded again.

"Mr. Zhao, Director Yang of the industrial park called and said that Governor Zhou plans to come the day after tomorrow to inspect the work of the industrial park, and Hengyuan Electronics is a key inspection target. I hope you can do a good job of receiving him."

"Well, alright, you can make arrangements later."

Zhao Wenhao had a headache and leaned back in his chair, rubbing his forehead.

Afterwards, we have just reached an agreement with two investment companies, and subsequent arrangements need to be made regarding loans, personnel training, etc.

But from yesterday until now, he has received no less than hundreds of calls.

People I knew and those I didn’t knew called me one after another.

There were congratulations and inquiries, most of which came from the government, wanting to know the specific situation.

Zhao Wenhao felt a little tired, but he couldn't refuse many things, so he could only deal with them, hoping to solve these trivial matters as soon as possible and then focus his energy on other aspects.