In April 2001, Gao was able to raise enough funds to win the bidding war and regain control Han’s Laser. But the company was still struggling with a cash shortage, so in June 2004, after a successful IPO, the company was listed on Shjenzhen Stock Exchange. By 2007 sales had more than quadrupled since the IPO and the company did not have enough factory space to fill orders. Cash was once again a problem, so the company raised money through an SEO and went on to build the largest laser production site in the world.
Learning Objective
Options for solving cash flow problems – from pawning company vehicles to the capital markets
Keywords
Laser Equipment, General Management, Strategy
Available Languages
English
IMD case studies are distributed through case clearing houses. In order to browse the collection and purchase copies please visit the links below.
Copyright Information
IMD retains all proprietary interests in its case studies and notes. Without prior written permission, IMD cases and notes may not be reproduced, used, translated, included in books or other publications, distributed in any form or by any means, stored in a database or in other retrieval systems. For additional copyright information related to case studies, please contact Case Services.
