Traveling through 70's wine

Chapter 319 The Truth

Wen Qing was a little embarrassed and said, "Brother Huang manages it so well, I am just being lazy."

Factory Director Huang changed the subject and said, "We asked you to come here because a securities company said they could recommend our factory to go public. We need to discuss it."

Wen Qing was a little surprised. She had never thought about going public to raise money, but having such an opportunity was still good.

All I heard was Director Huang saying, "The people at the securities company said that we are a high-tech enterprise. If we go public, the stock price will rise, our shares will be more valuable, and we can make a lot of money."

After hearing Director Huang's unreliable statement, Wen Qing knew that he also didn't understand the meaning of going public, so she explained to him the meaning of going public.

"Going public means turning a company into a stock company. The shareholders of the company change from a few people to the public. The company's operations will be subject to public supervision, and the company's operating and financial conditions must be announced to the public every quarter. Of course, the high or low stock price is closely related to the company's performance."

He also said: "If we go public, we will have to issue new stocks, and our existing shares will be reduced. The funds raised from issuing new shares must have new uses, such as developing new projects or expanding production, etc. They cannot be distributed."

President Huang nodded. "Now that you put it that way, I think I understand a little bit."

The electric bicycle factory now produces electric bicycles and industrial robots. The funds raised from the listing can be used to expand the production scale of industrial robots, so going public is not a bad thing.

The four shareholders unanimously agreed to go public. Wen Qing only emphasized that they must strictly follow the legal procedures and not go public just for the sake of going public. Even if they don't go public, their electric bicycle factory will develop well.

During the three days in Ping'an City, Wen Qing assisted in handling some matters and also put forward his own ideas on the upgrading of electric bicycles. Now Ping'an Electric Bicycle Factory has recruited more than ten to twenty college students who graduated from mechanical departments and electronic engineering, and there are many technical talents. After Wen Qing put forward his ideas, naturally someone will design and improve them.

As for industrial robots, they are currently only produced on a small scale, with relatively simple functions and a small number of types. The factory's main source of profit is electric bicycles.

Even in the future, Wen Qing has no plans to give up this product. After all, China is not yet very wealthy, and not everyone will be able to afford a car in ten years. Many people need this kind of inexpensive and high-quality means of transportation. The most important thing now is to develop lithium batteries.

Wen Qing found He Weixing and asked about the cooperative research and development between Ping An Factory and the University of Science and Technology. They mainly cooperated with the University of Industry to research projects such as motors and engines, and with the University of Science and Technology they mainly researched industrial robots and batteries.

He Weixing frowned and said, "The University of Science and Technology has proposed some ideas for improving batteries. The energy efficiency of batteries has been greatly improved, but there are no innovative inventions."

Wen Qing nodded, not knowing what to say.

Director Huang explained last year's profit situation to everyone. Last year, the company realized a profit of 1.37 million yuan, with a dividend ratio of 50%. Wen Qing accounted for 28.5%, or 1952 million yuan. After receiving the transfer, Wen Qing was very happy. Her investment was really worthwhile.

After leaving Ping'an, Wen Qing did not return to Pingjing, but went to Wuhan instead. After receiving the letter from her mother, although she did not go back immediately but wrote a letter, she was still a little worried in her heart. After all, when she was a child, her mother cared about her very much.

After leaving the airport, Wen Qing first went to a hotel near her home, put down her luggage, then changed her makeup, put on a floral shirt and black pants, picked up her backpack and left the hotel.

She walked all the way to the steel plant's family quarters and found that many places around were in ruins and garbage was everywhere. A section of the street she walked through had been vacant, and there was a big word "demolition" painted on the wall. It was estimated that this area would undergo old city renovation.

She walked to the gate of the compound and a young woman came out. She glanced at Wen Qing, turned around and left when she didn't recognize her. Wen Qing also didn't recognize her and walked into the compound on her own.

The courtyard was narrower than before, with houses built in a haphazard manner in the middle, including brick houses and shacks, leaving only a narrow passage in the middle. She walked through the passage and arrived at the door of her house. It was already around 1: in the afternoon, and she should have had lunch, as the kitchen door of her house was closed.

Wen Qing was standing at the door and was about to raise her hand to knock when she suddenly heard someone mention her name. The voice was not loud, but Wen Qing had sensitive senses and could hear it clearly.

Her father asked, "Did you write a letter to Wen Qing?"

Her mother replied: "Yes, I wrote it and sent it out a month ago."

"Did you get a reply?"

"No, I wonder if she received it?"

Wen Qing wrote back half a month ago, and she didn’t know why they didn’t receive it. Just as she was about to knock on the door, she heard her father say, “Wen Qing, do you know something? That’s why you’re not coming home.”

Her mother said, "Even if you knew, you shouldn't stay away from home. I've raised her for twelve years. What else do you want?" Her tone was very angry.

Wen Qing's heart skipped a beat, she put down her hands and listened quietly.

Her father paused for a moment and then continued, "Even if you are not her biological mother, you are still her aunt. The grace of giving birth to her is not as great as the grace of raising her. We have not let her down."

Wen Qing felt cold in her heart. She only heard her mother say, "Do you think Xiaoqing remembers it? She was still young at that time, so she probably doesn't remember it. Xiaolei might remember a little bit, after all, he is 5 years old."

Wen Qing couldn't stand it anymore and finally knocked on the door.

"Who is it?" her mother asked.

Wen Qing replied: "Me."

Her mother Su Mei opened the door and saw Wen Qing standing at the door. She was panicked. She wondered if Wen Qing heard it. She said with a slightly embarrassed look, "Xiao Qing, you're back?" She stepped aside to let Wen Qing in.

Wen Qing walked into the room and saw her father lying on the bed. She called out, "Dad."

Wen Dayong closed his eyes and did not answer.

Wen Qing turned around and asked, "Is Dad sick? Did he go to the hospital?"

Su Mei replied: "I went to the hospital and was told that I had high blood pressure. The doctor told me to rest more."

"Oh," Wen Qing said directly without beating around the bush, "I heard everything you said just now."

Su Mei closed her eyes, as if she had made up her mind, "Xiao Qing, you are my brother's child, so you are my niece."

Her father Wen Dayong said, "What did you hear?"

The two spoke at the same time. Wen Dayong glared at Su Mei fiercely, feeling that Su Mei shouldn't say it so easily.

After Su Mei said this, she felt relieved and her expression improved. This secret must have been in her heart for a long time.

Wen Qing suddenly realized that her grandparents had always disliked her because they were not related by blood. The first two times she came back, they had never shown any concern. It turned out that they were indeed strangers to her. Now many things made sense.

However, Su Mei has always been nice to her, but her abilities are limited and she has too many concerns, so she can't be of much help to her.