Rebirth: The Financial Giant

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The old demon's limit-down board has millions of seals pressed here, and no one dares to come to pick it up, and no hot money or big money dares to pry the board, because it is impossible to pry it open.

Even for some of the most ferocious death squads in Big A, it is impossible for those who bounced back to bounce back in this position.

Although cruel, but not brain-dead...

After the people watching the fun had a good time in the morning, they gradually dispersed, and most of the people who were still active in the comment area or in the time-sharing barrage were those who were trapped, or scolded the street, or laughed at each other, or Make up jokes or something.

It wasn't the first time at Big A, and certainly won't be the last.

However, it is said that today's disk situation, the three major indexes opened higher in early trading and then fluctuated upwards, and at the close of today's close, the three major indexes all closed up by more than +1.4%.

In all likelihood, the big rise in the index is the result of the big butt. Today's market is the result of the heavyweights' strength. The banking sector and the liquor concept sector have strengthened, and the brokerage sector has not held back today.

The strength of the big financial sector also made the index approach the 2,600-point integer mark for a time. Unfortunately, the integer mark was not successfully recovered today. The banking sector is doing its best today. Performance.

The old demon of the East is dead, the market lacks hot spots, the performance of individual stocks is mediocre, and the market continues to maintain a structural market pattern, but today, the heavyweight sectors are exerting force, and the index is moving very beautifully.

In terms of news, the latest news from overseas has attracted much market attention. That is, FTSE Russell Global CEO said in an exclusive interview with a Securities News reporter yesterday that with the official inclusion of A shares in the FTSE Russell global index system in June this year, it is expected to There is $10 billion in passive investment funds entering the A-share market, and an additional $50 billion will enter the A-share market over the next three to four years as the inclusion ratio increases.

Many people interpret today's surge in the index as good news. From the perspective of capital scale, 10 billion US dollars is really not much, and it will be less than 70 billion yuan even if the exchange rate is not included. The liquidity in the hand can completely explode it.

...

During this time, Lu Ming was mainly busy with the work of the Science and Technology Innovation Board. The specific work was the drafting of the prospectus of Tianchi Technology and the cooperation of underwriters, including the listing of Pinduoduo and Mihayou.

The most important one is Tianchi Technology. This is a sub-level listed company on the Science and Technology Innovation Board. Its status on the Science and Technology Innovation Board is like Tiansheng Holdings on the main board, or the Ningde era in the future of the ChiNext. The billion-level behemoth is also what Lu Ming has high hopes for.

"Come in!"

Lu Ming, who was working in the office, responded when he heard the knock on the door. Assistant Han Qiulin walked in slowly.

"What's the matter?" Lu Ming glanced at a document in his hand.

"There have been some changes in the IPO work on the Science and Technology Innovation Board." Han Qiulin said while walking slowly.

As soon as he heard that there was a problem with the work of the Science and Technology Innovation Board, Lu Ming put down the document in his hand and looked up at Han Qiulin, who continued, "It has something to do with Mihayou, and they just sent us a notification. After the final negotiation, its management reached a consensus, and they decided to voluntarily withdraw the IPO application for listing on the Science and Technology Innovation Board.”

Hearing this, Lu Ming was quite surprised. Han Qiulin also handed over the contents of the printed letter, and Lu Ming took the lead and quickly scanned it.

After a while, Lu Ming had a general understanding of the reason, closed the letter and thought for a moment before saying, "Okay, respect the decision of the founder team. Regarding Mihayou's IPO, we can also stop related work here."

Han Qiulin was surprised by Lu Ming's decisive decision.

She knows that Mihayou is a company that Lu Ming attaches great importance to, and she also knows that this is the second company that Lu Ming first invested in.

Mihayou, an Internet cultural enterprise that uses animation, animation, games and other products as the carrier, is deeply involved in the two-dimensional culture. Its main business is to develop and operate Internet cultural products such as games, comics, animations, etc. based on original IP. Game products are one of its masterpieces, and operating income has also maintained rapid growth.

The company's revenue in 2017 exceeded 1.1 billion, with a growth rate of more than 160%. At that time, it had already shown a high-profit development trend. The current development trend of Mihayou also made the industry feel for Lu Ming back then. of vision and relish.

Han Qiulin couldn't help but said: "You attach so much importance to this company, and it has a bright future, why don't we try to lobby for it? Unlike other companies, Mihayou itself has determined its plan to list on the A-share market, and its company structure is also based on domestic capital. It is built by the company, and the obstacles are much less than that of Pinduoduo.”

Since its establishment, Mihayou has received a total of two financings. The first was an angel investment of 2 million yuan from China, and then Lu Ming visited the door and persuaded its founder and invested 500 million in financing at that time. to a 25% stake.

When it came out at the time, the industry thought that Lu Ming was either crazy or that people were stupid and had nowhere to spend. Now it seems that this investment was made by blood. Since then, Mihayou has never accepted other investments, even if it is rumored at this moment. In order to "get on the bus", Goose Factory does not let Miha Tour conditions open, so the company's shareholding structure is relatively simple, and its pedigree is very pure.

In fact, when Lu Ming came to the door, Mihayou was actually not short of money, and he is not short of money now, and soon after the super cash cow "Yuan Shen" is launched, there will be no shortage of money.

Lu Ming glanced at Han Qiulin and said with a smile, "I promised not to interfere with the operation of the founder's team, and I can't say anything."

Han Qiulin didn't believe what he said. It was a prerequisite, but since he said that, it means that he agreed with the company's current direction. If it really didn't meet his expectations, Han Qiulin also knew that he would definitely intervene, or just Withdrawal flash people.

Lu Ming tapped the letter on his desk and smiled and joked: "Technology can really save the world, all of Mihayou's origins come from a two-dimensional game, which shows that the two-dimensional game not only won the domestic game In the market, Mihayou is very likely to win the world game market in the future, today’s game companies still don’t understand that the second dimension will suffer in the future, and it will suffer a big loss, because not knowing the second dimension means giving up the competition.”

Having said this, Lu Ming looked at Han Qiulin and smiled: "The worst thing is that it is difficult to cultivate two-dimensional talents, and it can even be said that top talents cannot be cultivated, but need to be naturally generated, and the two-dimensional users are obviously similar, and the same treatment is even slightly less. Low is willing to go to typical two-dimensional companies, such as Mihayou, Station B, etc. This is the result of in-depth research and analysis of massive data by the investment research and analysis department. The co-founder of Mihayou is an 'old two-dimensional' ."

Han Qiulin said curiously, "Then what is your current valuation of the company?"

Lu Ming said without hesitation: "Based on the valuation of the big A game sector, a rough estimate of at least RMB 120 billion is not too much. Considering the company's growth rate, it is not impossible for the company to be valued at 200 billion in the next two or three years."

Hearing this number, Han Qiulin couldn't help being sluggish for a moment. After she reacted, she put away her expression management and said with a leisurely sigh, "Even after working by your side for so long, I still can't understand your valuation logic."

What is the concept of 200 billion? That means that Mihayou will become the third largest game manufacturer in China after Penguin and Wangxiao. It also means that Mihayou will intervene in the battle between Penguin and Wangxiao in advance before byte provocation.

In fact, Han Qiulin couldn't understand and was in the process of cleaning up, because she didn't have the ability to foresee, and Lu Ming knew that the net profit of Mihayou next year would be conservatively estimated to be close to 5 billion, and this profit instantly killed a large number of listed companies. , the growth rate is close to about 500%, "Yuan Shen" is really attracting money, this net profit has exceeded that of Sanqi, Perfect and other peers, and it is second only to Penguin and Wangxing and sits in the third spot in the industry.

Different from the previous life, today's Mihayou received 500 million financing in that year because of Lu Ming, and the investment was also larger. When the Mihayou team received this financing, there was another factor, which was that they were afraid of new projects. Overturning the car, with this investment, we will have greater confidence in capital and capital.

Today's Mihayou is definitely better than the previous one.

With a net profit of more than 5 billion, even according to the big A's valuation of the game industry, Mihayou's future is a super unicorn with a valuation of 100 billion.

Han Qiulin looked at Lu Ming again and said, "Since Mihayou wants to withdraw the IPO financing, who will fill the gap?"

"This is the key issue that needs to be resolved immediately. Fortunately, it wasn't a drama that caught me off guard on the eve of the listing~www.wuxiaspot.com~ The time is indeed tight now, but there is still time to adjust..." Lu Ming said. Nodding his head, he immediately added: "At present, I am a major shareholder of Tiansheng, and it has not yet been listed. What other investment targets are eligible for listing on the Science and Technology Innovation Board? Isn't there a record?"

...

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