Rebirth Starts at 7 Million

Chapter 351 Preparations for Listing

"Self-screening means we can decide who joins the chip alliance?" Luo Fan asked.

"It's impossible for us to decide on all three places. After all, even if the higher-ups want those two companies to join the chip alliance, they didn't go over us to decide directly, but came to discuss with us.

The attitude above shows that respect is mutual, and we should not go too far here. "

"Uh, I understand what you mean, but I still want to go through the back door. I don't need three places, I need one. Brother, please help me save this one place." Luo Fan said.

"Tell me which company first, and I'll see how it works."

"Which one else could it be? It must be rice!" Li Jingyi, who was standing beside Luo Fan, followed suit.

"Really rice?" Cao Shuai asked.

Rowan nodded.

"Enterprises like Rice joined after the fifth batch according to the negotiated procedures."

"It's difficult?"

"That's not true. It shouldn't be a big problem to guarantee a rice to enter the chip alliance, but we can only tell the truth to the superiors. We just want rice to come in through the back door, so that the superiors should give face.

It's just that this kind of opportunity is generally only once, at most twice, isn't it too wasteful to use it on rice like this? " Cao Shuai asked.

"It's not a waste at all. Rice is our ally, and we still have nearly 10% of the shares in Rice. It can be said that we are all prosperous, and we are all lost."

After Luo Fan said so, Cao Shuai didn't object anymore, he said he would have a good chat with his superiors.

Luo Fan came to the chip industrial park this time on the one hand to see the progress of the industrial park, and on the other hand to give Rice a back door and let them join the chip alliance.

Now that the two goals have been achieved, Luo Fan naturally will not stay in Bingzhou for more, and returned to the headquarters in Shanghai that afternoon.

Seeing that the time is coming to May, the date of Pinduoduo's listing is almost set.

During this period of time, Pinduoduo has basically digested the new users brought by the title of the Spring Festival Gala.

Now Pinduoduo's number of users and daily transaction volume are basically on par with JD.com.

However, although the daily turnover of Pinduoduo is almost the same as that of JD.com, the profit gap between the two is still quite large.

Because JD.com makes mid-to-high-end products and Pinduoduo makes low-end products, the profit gap between the two can be said to be very different.

But in any case, Pinduoduo has now established a firm foothold, and the preparations for listing are almost ready. The next step is to submit the listing plan to the Hong Kong Stock Exchange, and then wait for the approval there to determine the listing date.

Generally speaking, the listing time is within one month after the listing approval.

However, it takes several months for listing approval, and only a few days for the short one to know the result.

The time gap is mainly related to corporate qualifications and equity distribution.

Pinduoduo has done a good job in both aspects, and Luo Fan thinks that Pinduoduo should be able to pass the review easily.

The bosses of the other three companies thought so too.

On April 20, 2017, Pinduoduo submitted its listing plan to the Hong Kong Stock Exchange. As soon as the news came out, the whole country and even the world were shocked.

It is unbelievable that Pinduoduo chose to go public so quickly, which is enough to break the speed record of new companies going public in many places.

What's even more strange is that Pinduoduo actually chose to list in Hong Kong City instead of the United States.

Logically speaking, Pinduoduo is also an Internet company. Shouldn’t all Internet companies go public in the United States? What is the operation of Pinduoduo's listing in Hong Kong City?

Ali headquarters in Hangzhou.

Mr. Ma frowned when he heard the news that Pinduoduo was going to be listed in Hong Kong City and said, "Pinduoduo actually chooses to go public in Hong Kong City?"

"Mr. Ma, I don't think there is any problem with their listing in Hong Kong City." Mr. Ma's assistant Xiao Wang said.

"Oh? Tell me what you think."

"Mr. Ma, I think they are listed in Hong Kong City because Pinduoduo's current products are basically low-end products.

The manufacturing industry in our country itself is an advantageous industry. The supply of products is provided by our country itself, and the sales of low-end products must also be sold within the scope of our own country.

So Mr. Ma, I think Xingyuan is doing this to better grasp the domestic market. The basic market is in the country, and the listing is also in the country, which is more conducive to their operation. "

"Hey! Your idea is quite right, but I don't want this idea to come true. If Xingyuan really thinks so, then our future low-end market may be even more difficult to manage." Mr. Ma said with a sigh.

After listening to Mr. Ma's words, Xiao Wang couldn't help but sigh. Now the high-end market of the e-commerce platform is firmly occupied by JD. Business is getting harder and harder to do.

Luo Fan doesn't care what Ali thinks, he is more concerned about what's going on in Hong Kong City right now.

Pinduoduo's listing in Hong Kong City naturally attracted the attention of many local financial groups in Hong Kong City, and the most enthusiastic ones were naturally several major banks or financial institutions in Hong Kong. Because of the stock issuance of Pinduoduo, for financial investment institutions, It's food delivered to your door.

The book chasing app recommended to me by an old book friend who has known me for ten years! It’s really easy to use. I rely on reading and listening to books to pass the time while driving and before going to bed. You can download it here..】

A certain bank, a certain bank, a certain Hong securities... and other financial institutions have sent several waves of people to visit Pinduoduo's top management.

The top management of Pinduoduo are basically Dong Ge's subordinates. Dong Ge is not in a hurry, and directly arranges a professional team to negotiate with local financial consortiums such as Hong Kong City to discuss the details of the listing.

The matter of sharing the cake must be made clear in advance, otherwise the dispute will turn into a direct conflict of interest if it does not arise until the time of listing.

It took Dong Ge two weeks to greet these local snakes and complete the distribution of benefits.

Then the four companies simultaneously took out some original shares to their own and Pinduoduo's employees.

Except for Li Jingyi, everyone in Xingyuan's top management bought Pinduoduo's original shares. Among them, Xu Jiale bought the most. He sold some BTC and bought a full 100 million original shares.

Qin Beibei, Wang Hui, Gao Meng, and Wang Jing combined didn't buy as much as Xu Jiale.

Zhou Yuqing bought 5,000, and Li Jingyi also bought some this time, but not much, only 10 million.

In addition to Xingyuan's top management, Xingyuan's ordinary employees also bought a lot of original shares, adding up to 400 million.

Based on the situation when Xiaopozhan went public, Xingyuan rarely said that there would be about 100 multi-millionaires.

10 million to buy a house in a second-tier city, buy a car, and spend 34 million to save the rest of the money in the bank for interest, which is enough to live a lifetime.

There will definitely be many people who resign and are not interested in work when the time comes, and Luo Fan may not have made preparations in advance.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like