Running out of money is a big problem.

Chen Yiyang also noticed some of his current issues.

Recently, he has been to many big cities, enjoying the thrill of picking investment opportunities, but the cash flow was consumed quickly.

Of course, if you evaluate Chen Yiyang's assets.

Any professional organization would consider it to be quite healthy.

After all, there are basically no liabilities, all assets.

But having no money to spend means having no money to spend.

Unless he goes to the bank for a loan.

While Chen Yiyang was hesitating, Yan Qi called him with some news.

Chuanyin is already preparing to go public.

After settling things in France, Chuanyin quickly dominated the entire African mobile phone market.

Though African market profits are low, the market is large, competition is small, and the annual returns are quite stable.

And as Africa continues to develop, the future of Chuanyin Company will also get better and better.

In this situation, Chuanyin's listing becomes very profitable.

"The company is currently preparing to list on the domestic Sci-Tech Innovation Board. The estimated stock issue price is about thirty-five yuan per share."

Listing domestically is quite rare.

Usually, large companies prefer to list abroad to attract global capital.

Of course, listing abroad comes at a cost. That is, you have to pay protection fees to them.

For example, the three big companies in the United States, whether Apple or Tesla and such giants, besides the biggest shareholder, these three companies' names generally follow behind.

And these three companies combined control more than ten trillion US dollars, true giants mastering the global finance.

Yan Qi chose to list domestically, probably not wanting to pay this protection fee. It also relates to the deteriorating environment for domestic companies listing abroad.

"Isn't there a rule on the Sci-Tech Innovation Board that original shareholders cannot sell shares within one year?" Chen Yiyang asked.

"Yes." Yan Qi said, "Company controllers cannot sell stock within three years, and if the company isn't profitable, they have to wait until three accounting years after it becomes profitable to sell.

Other than controllers, such as original shareholders, technicians, and allocation investors, have to wait a year to sell shares."

"I see."

"What, not optimistic about our company, already thinking about how to sell Chuanyin's stock before it's even listed?"

"Of course, I'm optimistic, but recently I'm a bit short on cash."

Chen Yiyang hesitated whether to sell part of his Chuanyin shares.

Even though he holds ten percent of Chuanyin's shares, with the launch of the listing plan, Chuanyin is sure to introduce more capital, and his shares will be further diluted.

Moreover, as he usually doesn't participate in Chuanyin's internal corporate operations, holding so many stocks doesn't mean much in reality.

"I've been in contact with some capital interests. If you plan to sell some shares before listing, they're willing to take over." Yan Qi picked up on Chen Yiyang's real intention to reduce some shares and thus directly spoke.

Most capital views Chuanyin's listing plan quite favorably, and if original shareholders are willing to sell shares, this capital is very willing to take over.

With Yan Qi's mediation, Chen Yiyang discussed it with these capital interests.

The other party believes that after Chuanyin goes public, the market value will be at least around 40 billion.

According to a valuation of 40 billion, for Chen Yiyang's ten percent shares, they are willing to offer ten billion in cash plus other parts of bonds and assets to take over.

However, after considering, Chen Yiyang ultimately chose to sell only five percent of his shares.

These shares eventually brought in five billion in cash and fifteen billion in other assets.

Those non-cash assets, though claiming to be worth fifteen billion, might be worth about eight billion if converted to cash.

But these assets can be pledged to the bank for a loan.

Anyhow, after selling five percent of Chuanyin's stocks, Chen Yiyang had ample funds again.

But the money hadn't even warmed in his hands.

Kuxing's Jiang City called Chen Yiyang, asking the boss to go to Ludao Island.

When Chen Yiyang flew to Ludao Island, Jiang City personally came to greet him.

"What's going on? Is the company short of money?" Chen Yiyang curiously asked Jiang City.

"No, the company just started transitioning, and there's still some cash on hand."

"Then what's going on?" Chen Yiyang curiously asked again.

"We encountered something very strange." After arriving at Kuxing's headquarters with Chen Yiyang, Jiang City showed him some photos in the office.

"I don't know how to describe it, just feels kind of surreal."

Chen Yiyang took the device from Jiang City's hand and glanced at it.

He found photos from an esports event of a racing game called "Autumn Racing" under Tengxu.

In the photos, the winning champion team seemed to be accepting interviews from reporters.

The players held a bottle of classic domestic "Old Mom Chili Sauce" in one hand and Kuxing Coffee in the other hand.

"What, this involves internal corruption, someone in our company took benefits and sponsored this little-watched esports event?"

The first reason Chen Yiyang could think of was that.

Esports events are indeed popular now, but only one or two games' events are hot.

Most esports matches aren't even watched by ordinary people, let alone game players.

Chen Yiyang really couldn't think of why Kuxing Coffee would sponsor an obscure racing game esports event.

"I initially thought so too," Jiang City said. "But after asking around, bizarrely, no one in the company knows about this."

"Ah." Chen Yiyang opened his mouth in surprise.

Corporate external sponsorships are usually easy to check because they're few in size, and sponsorship fees show up once you check the accounts.

But now, Jiang City says this matter can't be traced within the company.

"Could it be that we didn't sponsor, and this esports event gave us a free sponsorship?" Chen Yiyang suggested a possibility.

"That's not possible," Jiang City promptly replied. "If we didn't sponsor or sign a contract, then not only is it not free sponsorship on their part, but it's an infringement against us, which is a serious matter in business."

"That's really odd." Chen Yiyang touched his chin, couldn't figure out what the other side was thinking.

"By the way, isn't 'Old Mom Chili Sauce' also a pretty big brand? How about asking them if they sponsored 'Autumn Racing'?"

Chen Yiyang thought it's unlikely for a coffee company like theirs to sponsor a barely watched esports event.

Even more so for "Old Mom Chili Sauce."

Although the market share of "Old Mom Chili Sauce" has gradually declined domestically in recent years, it's still the number one chili sauce brand in the country.

More importantly, "Old Mom Chili Sauce" is a very traditional enterprise, rarely advertising, let alone sponsoring any esports competitions.

Unless the company's governing old lady's favorite grandson particularly loves playing this "Autumn Racing."

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