Chapter 100
"Nominate me to the board of directors?" Yao Yun expressed surprise and flattery at Lu Ming's decision, adding, "It's a little inappropriate, right?"
Lu Ming responded with a smile, "I can't nominate a director who will fight against me. Opposing what I agree with and agreeing with what I oppose?"
Yao Yun chuckled at the logic and didn't voice any objections.
Lu Ming elaborated, "The legal department is one of the core departments, and it will be increasingly busy in the future. As the company expands, Tiansheng Holdings will have more investment targets. You need a seat on the board unless you don't want to follow me."
Lu Ming acknowledged Yao Yun's capabilities as the chief lawyer, recognizing her role in keeping the company's legal matters in order. With her presence, Lu Ming felt confident in handling the legal challenges the company might face.
Yao Yun responded with a light smile, "If you have a brain, you'll stick with a company and a founder with unlimited potential. Besides, the treatment is generous. If Mr. Lu doesn't fire me, I'll stick with you and work hard."
Lu Ming replied with a strong smile, "Then you're in my hands for the rest of your life."
While Yao Yun found this statement a bit strange, she quickly pushed aside any lingering thoughts. Looking at Lu Ming, she said, "If there's nothing else, I'll get back to work."
Lu Ming nodded, "You've been working for a long time."
As Tiansheng Capital progressed with its reorganization and backdoor listing plans, Lu Ming's strengthened connections and powerful network in the domestic capital market increased the company's chances of success.
In the domestic capital market, most investment companies were subsidiaries of listed entities. Given the absence of legal obstacles for investment companies to go public, Tiansheng Holdings had a green light for listing.
The focus now shifted to finding a suitable shell resource for the backdoor listing. This involved acquiring control of a shell company, followed by the reorganization of both the backdoor company's and the shell company's assets.
Lu Ming continued to explore potential shell resources using market software. When Su Xiaoman entered his office and shared updates about the progress of overseas fund compliance, Lu Ming couldn't help but comment on her enthusiastic tone.
Su Xiaoman, once an account manager at Cailian Securities, now the General Manager of Tiansheng, updated Lu Ming on the progress of QDII (Qualified Domestic Institutional Investors) and QDIE (Overseas Investment by Qualified Domestic Investors) applications. Cailian Securities had received approval for Tiansheng Fund's QDIE qualification, an indication of the growing influence of Tiansheng in the financial sector.
Amused by Su Xiaoman's tone, Lu Ming remarked, "It sounds like Cailian Securities is doing you a favor?"
Su Xiaoman, having transitioned from an account manager to the General Manager of Tiansheng, responded with a casual smile. She shared that the QDIE pilot quota was a significant achievement and had been processed promptly.
Understanding the potential of the QDIE, Lu Ming decided to launch a QDII fund, expecting to raise funds in the range of 5 to 10 billion yuan. The fund would be named 'Tiansheng Global Pioneer Mix,' leveraging the popularity and recognition gained by the term "Pioneer Mix."
Lu Ming emphasized the importance of QDIE, intending to utilize Tiansheng Capital's liquidity to exchange $5 billion in foreign currency. He saw this move as an opportunity to generate substantial profits overseas in the last quarter of the year, concluding it with a strong financial performance.
Tiansheng Capital, equipped with nearly 50 billion in liquid cash, had been waiting for the right investment opportunity. Lu Ming was determined to make the most of these funds, ensuring they didn't depreciate and instead contributed to the company's success.