My Dad Is The Richest Man In The City
Chapter 205: Who Is The Richest Man In The World In 2018? 【2 More Updates Please Subscribe】
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The underground hive of the Umbrella Headquarters building and the underground base on Phuket Island are being constructed in an orderly manner without any problems.
Lin Yu left all the items obtained in the high-level lottery in the hive under construction for use by the weapon master or as a backup.
Just like neutron satellites, which publish things like space-based weapons, they must be sent to the sky before they can be used, and they require a lot of energy;
It's best to ask an 'energy master' to help create energy, otherwise you can only slowly accumulate energy after taking off, and you don't know how often it can be launched.
The second is to send the neutron satellite into the sky, which also requires a launch vehicle!
Is there anyone on earth today who can send a rocket into space without being discovered?
Totally impossible!
This is no longer a few decades ago. If this kind of technology were available now, what would be launched would not be rockets, but nuclear bombs or missiles, and land on a certain country? Isn’t that the end of the game?
Lin Yu might be able to avoid being discovered if he relied on black technology, but it was impossible in Jinmen, and not within a short period of time.
We can only wait until later, and the sub-satellite and some things can only be left in reserve.
Leaving the underground hive, Lin Yu returned to Jinmen Villa.
During this period, several foreign companies launched a technology competition. The frequent press conferences and mutual attacks were reduced a lot. Everyone relied on their products to speak for themselves.
China's Huawei P11 and Han's Samsung S9 were also launched one after another during this period.
When Huawei p11 and Samsung S9 were launched, Umbrella Technology Star 1.0 and Star 1.5 sold more than 50 million units in total. This quarter will end in about 20 days, reaching 60 million is not a problem.
Xingkong mobile phones are selling like hot cakes, and Warwick P11 and Samsung S9 are on the market, so the sales volume will naturally be much lower.
Huawei and Samsung's mobile phones are not yet equipped with holographic projection this time. According to Lin Yu, even if they want to use it, they will have to wait until the second half of the year.
Umbrella Technology has no new mobile phones in the second half of the year, but it has new products, mostly computers, tablets and wearable devices.
Rice will also participate in the competition in the second half of the year.
In the first half of the year, Rice was close to the high-end market. Thanks to its relatively affordable price, sales were still very good. Although it cannot be compared with Star Mobile, it is definitely profitable!
Lin Yu took the time to pay attention to these news. The real purpose of his coming out this time is because Didi's IPO application has been approved for a while, the official prospectus has also been issued, and it is time for the road show.
Roadshow Lin Yu did not appear in person.
Didi is hosted by Hong Le, who is the CEO. No one knows the company better than him, so he is the one who conducts the road show.
However, Lin Yu still has to participate in the official listing on the New York Stock Exchange.
Ring the bell for the listing. This is also the first company owned by Lin Yu to go public. This is very memorable, so he must attend and be one of the bell ringers!
The so-called ringing of the bell is not really ringing of the bell, but a press of the red button when the market officially opens, indicating that the company's stock is officially listed and issued.
It’s not just one person who rings the bell, it can be multiple people.
Lin Yu is just one of them!
As a member of Didi Component Company, Li Yun can be said that in the early days of Didi’s establishment, she was the one responsible for setting up the company and she made a lot of efforts. Naturally, she was also one of the bell-ringers;
CEO Hong Le was also one of the bell-ringers;
In addition, there are several Didi company executives:
Lin Yu has seemed to disappear from everyone's sight in the past two months. The listing of Didi has attracted countless reporters.
Of course, this is also because Didi’s official prospectus disclosed that after Didi’s IPO, the total share capital was 110 million (1.1 billion) shares;
The umbrella company holds 58% of the shares and approximately 628 million shares;
Longteng Group holds 5.2% of the shares, approximately 57 million shares;
TT Group holds 6.7% of the shares, approximately 73.7 million shares;
Sequoia holds 8.7% of the shares, approximately 95.7 million shares;
Others Weifeng Investment, Datang Group, internal employees, and senior executives hold 6.4% of the shares, approximately 70.4 million shares;
165 million shares were issued, accounting for approximately 15% of the total share capital. Each share went through a road show and was finally priced at US$54!
Although the umbrella parent company holds 58% of Didi's shares, it still adopts a dual-class share structure, that is, two classes of shares, A and B;
Class A shares are ordinary shares with one vote per share:
Class B shares have 10 votes or even more;
This kind of equity structure is already very common in the United States; after Weibo was listed, although TT Group only held about 40% of the shares, the voting rights ratio was 80%;
Dad Lin holds 23.7% of the shares of TT Group. Each stock held by Lin has 20 voting rights per share, and the voting right ratio is 78%. The company is firmly in his hands!
It's just that the umbrella company itself holds 58% of Didi's shares and uses a dual-class share structure, which is really reprehensible.
But Lin Yu was notoriously cautious and extremely controlling, and no one jumped out to say anything.
In other words, Didi's valuation is US$59.4 billion, which is about US$60 billion. Didi's listing will raise US$8.9 billion.
To be honest, Lin Yu is not very satisfied with this valuation and pricing.
In the last life on earth, the valuation of Uber in the United States alone was more than 60 billion U.S. dollars. What’s more, the Didi company he holds now has both the American market and the Chinese market!
Even if it’s US$70 to 80 billion, it’s not too much, right?
Of course, he also knows that the valuation of Uber in the previous life was completely lofty, somewhat inflated, and could collapse at any time!
Today's Didi Company has actually occupied 70% of the market in China and 60% of the market in North America, and has also achieved profitability. The total market of the two markets should be more than 100 billion U.S. dollars. The valuation of Didi Company is somewhat Low.
But Lin Yu doesn't care at all, just keep it as low as possible, and just wait for it to skyrocket after it goes public.
Think back to the time when Alibaba went public, its issue price was only 6 US dollars. It soared 38% on the first day of trading, and then continued to rise to more than 150 US dollars!!
Lin Yu arrived in New York on June 5 and met with Didi executives and Li Yun at the Hilton Hotel to prepare for tomorrow's bell-ringing ceremony.
"Director Lin!"
"Director Lin!!487"
The entire Hilton Hotel has been booked by Li Yun. Lin Yu is not short of money. Now he just wants to spend, spend, spend. Otherwise, where can he find a replacement for you?
Exchange it directly with money? He is not that stupid!
Lin Yu just stepped out of the bulletproof car, refused the reporter's questions, and walked into the hotel.
The top management of Didi Company immediately became convinced and looked very excited.
Even as the CEO of Didi, Hong Le is a little excited; he is only 28 years old this year. When he was working as a business manager in a domestic company, he did not expect to receive an invitation from Didi.
At the beginning, he was not the CEO of Didi, because when Didi was first established, Li Yun took care of everything.
Later, relying on his talents, he was recognized by Li Yun and Lin Yu and became the company's CEO, and was recognized by all shareholders.
This time when Didi went public, his 0.7% stake made him worth more than 400 million U.S. dollars and nearly 2.7 billion SoftMei coins. The listing price will definitely increase, and his worth will only be higher by then!
In addition to CEO Hong Le, other senior executives of the company, as well as senior executives of the umbrella company, they may all become millionaires, multi-millionaires or even billionaires after Didi goes public.
Apart from them, Lin Yu will also be the biggest winner this time!
Forbes Magazine and Hurun Research Institute have already booked hotels near the New York Stock Exchange. Tomorrow, after Didi’s listing and closing, the two major institutions will jointly publish a list of the world’s richest people on Facebook!
There’s no need to guess who the world’s richest man will be. You’ll know when the U.S. stock market closes tomorrow!
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