Seeing his reaction, Lu Feng sighed and said, "Actually, it's only a little over a month away. I won't lie to you, I came here for financing and listing. Since you don't trust me anymore, then forget it. I'll call tomorrow to make arrangements. It should take about ten days to go through the contracts and stuff."
"What did you say?" Zhuang Yuntian looked up in surprise and asked, "You're going public?"
"Yes, otherwise why would I have come here?"
"The listing requirements here are that the company must have been established for at least three years, and you've only been established for one year."
"I just want to find some connections to go public through a backdoor listing. Jiafeng Electronics is doing very well now. Selling it to a state-owned enterprise would be a loss. My idea is to go public and make a quick buck to stimulate the stock market in the short term!" Lu Feng whispered.
Zhuang Yuntian chewed his gum, looking somewhat suspicious. He glanced at Lu Feng several times before asking, "Financial institutions aren't stupid. Do you think they'd let you fleece them?"
"See, you don't understand the stock market at all. Financial institutions are responsible for buying heavily, then they start speculating, a large number of retail investors enter the market, and then they start cashing out. The financial institutions return all their money, and the retail investors' money is split in half!" Lu Feng smiled at him with a sinister smile.
Zhuang Yuntian pondered for a moment, then waved his hand, saying that this was not a good idea and that "you are treating stock market investors like fools. It's impossible for a few financial institutions to enter the market and then retail investors to follow suit."
"Why don't you believe me? I have a plan!" Lu Feng leaned close to him and whispered, "Here's how it works: First, I'll go public through a backdoor listing, then I'll start touting the market prospects in mainland China, then I'll proclaim myself as the number one technology company in mainland China, with top-notch technology, and then announce the establishment of overseas laboratories and technology research and development cooperation with large companies. With this kind of operation, won't the stock price skyrocket?"
Zhuang Yuntian thought for a moment and nodded. These things did indeed indicate that the company's value was soaring, and buying its stock would definitely make a profit.
"Then, I'll go to the US, spend some money, find a few big companies to stage a 'collusion' incident, pretending to be in cooperation negotiations, and then spend money to find some authoritative institutions, get some awards, and create some prestige. Every day there will be a news bombardment. Tell me, would you buy this stock?" Lu Feng asked.
When a stock rises in the first stage, some people hesitate, fearing a subsequent crash. But when it surges in the second stage, some of those who hesitated will rush in. And when it surges in the third stage, people buy without thinking.
Zhuang Yuntian grinned and looked at Lu Feng, saying, "You're so mean!"
"What kind of talk is that?" Lu Feng looked at him and said, "Brother, my idea is that you shouldn't hold that 50 million as debt anymore, let's convert it to equity!"
"Debt-to-equity swap is fine, but we need to sign a performance-based agreement for listing. What if we convert the debt to equity and you don't go public? What will I do then?"
Zhuang Yuntian was so afraid of being deceived that he dared not believe a single word; he would only believe something when it was written down in black and white.
"Brother, you don't believe me? What do I do with my businesses? To make money. You know me. I sold Jiaming Foods right away, and Jiafeng Electronics is ready to be harvested. My next step is to get into international trade. Would I lie to you?" Lu Feng looked disgusted, as if to say, "Don't believe me if you don't want to, it's too hurtful."
"No, I have to explain to the company!"
"It's not that I'm not going to write this agreement for you, but the rules for backdoor listings are very strict. What if I get rejected because of this agreement? Will you compensate me for my losses? You won't lose money, you hold shares. Jiafeng Electronics isn't a shell company; it has factories, technology patents, products, and markets!"
Lu Feng patted his chest loudly, vowing, "I, Lu Feng, have never wronged any of my brothers. I swear on my life!"
Lu Feng looked very serious, as if he had long forgotten that he made his fortune by cheating his brothers. Of course, even if Zhuang Yuntian pointed out that Lu Feng made his fortune by cheating his brothers, Lu Feng would shamelessly say that those two were not his brothers!
"President Lu! I believe you!" Zhuang Yuntian's expression softened considerably. He reached out and took Lu Feng's hand away from the oath he was about to swear, and said, "Then let's do it the way you said about the debt. We'll convert it into equity. Um... when are you planning to go public?"
"Don't worry, I'm very efficient, but you have to do me a favor. I'm currently promoting myself as the richest man in mainland China, so you have to put in a good word for me to increase its credibility." Lu Feng winked at him.
"No problem, it's a small matter!" Zhuang Yuntian readily agreed and asked, "How many shares can this 50 million debt be converted into? Your company doesn't have dual-class shares, does it?"
"No, no!" Lu Feng glanced at the time and said, "It's getting late, we should go in. Let's go."
"Um... how many shares?"
"Don't worry, brother, how could I let you down? Even if I lose myself, I won't let you down. I, Lu Feng, am a man of conscience." Lu Feng pulled Zhuang Yuntian's arm and boasted about his character as they left the reception room.
Stepping outside, Lu Feng quietly took a deep breath and wiped the sweat from the back of his neck. It's really not easy to fool a regional head of a financial institution!
The reason he didn't dare say how many shares to transfer was that Lu Feng wanted to give him shares based on a valuation of 10 billion. He spent 50 million, but he could only get 0.5% of Jiafeng Electronics' shares.
If Zhuang Yuntian said that, he could beat Lu Feng into a pulp in the reception room.
As for going public, that's pure nonsense. Lu Feng never even considered taking Jiafeng Electronics public.
Jiafeng Electronics already had a significant debt burden, so using 0.5% of its equity to alleviate that burden was definitely a smart deal. For Lu Feng right now, anything is fine as long as he doesn't have to pay money!
Li Fang, Sister Wu, and the others were waiting there, all somewhat worried about Lu Feng. But when they saw the two of them again, they were arm in arm, looking incredibly intimate, leaving everyone present a little bewildered.
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