Reborn Millennium Player

"This Double Eleven, Feigou.com has opened a green channel for small and medium-sized enterprises to enter the platform, extended the annual store fee, and has more than a dozen assistance measures. Yes, you can rest assured that we will try our best to help domestic enterprises take advantage of the

The trend of e-commerce breaks out of the cold winter.”

Lu Fei answered patiently.

When I came back from the United States, my cell phone was bombarded by everyone, especially the heads of relevant departments, who took it very seriously.

At this time, the conference room was quiet.

Sitting around the table are co-founders Xu Lei, Liu Edong, Zhang Yong, Gao Tuan, Fang Xing, Wang Huiwen, Wang Xing...

Those present here are all members of the first partnership committee elected after Feigou.com launched its partnership system.

"Mr. Lu, this is the proposed equity distribution plan."

Liu Edong shook the document in his hand and said, "The plan will be to use 4.84% of the total share capital from the reserved equity pool to grant stock options to 1,061 incentive targets. After review and approval, it will be reported to the shareholders' meeting for resolution."

Lu Fei read it carefully from top to bottom.

There are two equity incentives for Feigou.com, one is only given to Liu Yidong and Xu Lei, and the other is given only to Wang Huiwen, Wang Xing, Gao Tuan, Fang Xing, and Zhang Yong. This time is the last time to share the cake before going public.

Up and down, the rain and dew touched it.

Veterans like Tao Yao, who has been conquering the world since its inception, also received 0.3% of the shares, worth hundreds of millions of dollars.

And holding 46.44%, just like Lei Jun, only after completing the listing will he be rewarded with 1% of the equity in one go.

Xu Lei cleared his throat, "Privately, Carlyle, IDG, and Barings have no objections to our distribution plan."

“Has Feigou.com been spun off?”

Lu Fei signed his name on the document.

"Basically, it can be completed in the first half of 2009, and it will not affect the normal listing of Feigou.com," Xu Lei said with a smile.

"We must learn from Ali Daba's experience and lessons."

Lu Fei raised the corner of his mouth slightly and crossed the river by touching the deer cloud.

Just like Ali Baba only listed B2B business, Feigou.com only separated out the C2C department this time. In addition to Caifubao, Jingdong, Meituan, Zhongtong, iQiyi, etc., which have long been independent, all

Still in a higher level group.

"Ali Baba raised US$1.17 billion on the Hong Kong Stock Exchange last year. Ours is twice that, and it is estimated to be around US$2.4 billion."

Liu Edong reported truthfully: "The money will be mainly used for cloud computing business, cross-border e-commerce layout in Europe and Asia, construction of domestic and overseas logistics and warehousing, cold chain technology and intelligent upgrades..."

Lu Fei looked left and right, "In short, this listing is focused on the world. We will definitely compete with e-commerce giants such as Amazon and eBay. Everyone must be prepared."

"Understood, Mr. Lu!"

Wang Huiwen, Zhang Yong and others looked at each other and were extremely excited.

"Next topic."

Lu Fei looked at Xu Lei, who was the host of the meeting.

"Next we should choose a sponsor."

Xu Lei winked, and the staff distributed the collected information from more than a dozen investment banks to all the partners one by one.

Sequoia, Goldman Sachs, Blackstone...

Lu Fei had already looked through the information of these investment banks when Penguin was listed, but in this large list, in addition to foreign underwriting brokers, there were also companies from Xiangjiang and mainland China.

There is only one company in the Mainland, CICC.

After all, in return for helping to acquire Lehman's businesses in Asia Pacific, the Middle East and Europe, Trisolaris Fund was able to take a stake.

"Mr. Lu, do you have any other requirements for the listing details?" Liu Edong said, and everyone looked at him in unison.

"My requirements are not high, just two."

Lu Fei held out a finger, "First, just follow the Penguin model. The control over all aspects of road shows and pricing must be firmly in our own hands."

Then he stretched out his second finger and said, "Secondly, in terms of location selection for listing, priority should be given to the Hong Kong Stock Exchange."

“HKEX??

Except for Liu Yidong and Xu Lei who had greeted them in advance, other senior executives were talking and confused. Wang Xing even had the courage to ask, "Mr. Lu, why don't you go to the U.S. stock market like Penguin?"

"The reason is simple, it's inappropriate."

Lu Fei simply explained: "Jingdong is suitable for listing in the US stock market because, like Amazon, it is a B2C business and can eliminate the existence of fake goods. Feigou and Meituan have to face the same problem as Ali Baba, that is

Copycats, fakes and white labels.”

Liu Erdong continued: "When the crackdown on counterfeiting is never completed, as long as we continue to crack down on counterfeiting, we will be targeted by litigious law firms and short-selling funds targeting Chinese concept stocks, endlessly. This will put us at a great disadvantage, so we have temporarily given up on U.S. stocks."

, we should list it on the Hong Kong stock market first and control the risks within the range we can bear.”

"However, the Hong Kong Stock Exchange has been reforming for so long, but it has not produced any results. It still does not support the 'partnership system' and 'different rights for the same shares.' The current global economic crisis makes it even more impossible..."

Wang Xing looked straight at Lu Fei with his arms crossed.

He raised his hand and interrupted: "Because of the subprime mortgage crisis, the Hong Kong Stock Exchange and even the Hong Kong economy have been hit hard. They need Feigou.com more than ever, a stimulant to inspire people and the market.

We take absolute initiative."

"But those birdies in Xiangjiang." Wang Xing curled his lips, "They're afraid they won't bow to us."

"If you don't bow your head, of course you will go to the US stock market."

Lu Fei shrugged, "But before that, we have to give it a little shock, just this Double Eleven."

………………

November 1, Kyoto University Auditorium.

Amid the roaring applause of teachers and students in the audience, Lu Fei ended Logic's press conference, walked along the backstage corridor, and left through the back door.

As expected, he was caught by the long-awaited media, and all guns and cannons were aimed at him, making a loud noise.

Faced with the prepared questions, Lu Fei replied: "I am reassured by Logic's management team. At present, my main focus will be on Feigou.com."

"Is this Double Eleven?"

"Double Eleven is one thing, and on the other hand, we plan to have Feigou.com listed between 2009 and 2010."

As soon as Lu Fei said these words, the whole hall was in an uproar.

The reporter, like a hungry dog ​​after seeing a bone, couldn't wait to ask: "Mr. Lu, are you saying that Feigou.com is going to be listed? Will you choose to log on to the US stock market like Penguin?"

"Nasdaq, New York Stock Exchange, both are possible."

Lu Fei smiled and said: "Of course we don't rule out Hong Kong stocks."

"Are you saying that Feigou.com will also consider Hong Kong stocks?"

The reporter seemed to have caught some strange information and kept asking questions.

Lu Fei said with a playful smile, "If the Hong Kong Stock Exchange can keep pace with the times, integrate with world finance, and agree to 'different rights for the same shares' and the 'partnership system,' it is not impossible for Feigou.com to be listed in Hong Kong."

, maybe it’s not impossible for Penguin to be listed on the Hong Kong stock market again, it all depends on the sincerity of the Hong Kong Stock Exchange.”

The reporter asked eagerly: "If nothing changes, will Feigou.com not consider the Hong Kong Stock Exchange?"

“We don’t care where we are listed, we care where we are listed, and we must support Feigou.com’s culture of openness, innovation, responsibility and long-term development.”

After the words fell, Lu Fei smiled meaningfully.

In less than half a day, the news that "Feigou.com is about to go public" hit the hot searches on Weibo, Tieba and other platforms.

It even once overshadowed the popularity of Double Eleven.

“In the next two years, Feigou will be listed on the market!”

"Lu Fei said: Penguin may return to Hong Kong to be listed."

"After Penguin, who is going to be the winner of perhaps the largest IPO in the history of Chinese Internet companies? Hong Kong stocks are going to the left, U.S. stocks are going to the right, where will Feigou go?"

"This afternoon, Feigou.com chairman Lu Fei publicly announced that Feigou.com is ready to go public, but there is no specific timetable and the listing location has not been finalized.

In his view, the United States, as the world's most important capital market, even if it is temporarily mired in the subprime mortgage crisis, can still create a miracle of Chinese concept stocks greater than Penguin.

Hong Kong has the largest financial market in China, and the advantage of being listed on the Hong Kong Stock Exchange is that it can more easily attract Chinese investors..."

The news was overwhelming, and Feigou's listing suddenly became the top priority for the portal's financial and technology sectors to follow up. Rumors, true and false, emerged one after another in the circle.

Not only did it attract Wall Street's attention, but Xiangjiang was even more excited.

Hong Kong Stock Exchange Group Building.

Different from the past, the huge conference room was filled with heads and heads from various departments, everyone was sitting and talking to each other.

"This scene is really rare. You said Mr. Zhou called us all here to discuss what exactly?"

"What else could it be? Feigou online shopping."

"Ah! Feigou.com is going to be listed on the market? Where to go?"

"There are rumors that it will choose to list in Hong Kong."

"Really? Are you really coming?"

"Tathagata."

"What 'Tathagata' is coming? Will it come?"

"It's not that it's 'Tathagata', it's that it seems to be coming but it hasn't come completely, it seems that it's going to go but it's not gone completely."

"Please keep quiet!"

"Everyone, please turn off your cell phone or mute your phone, thank you."

At this time, a staff member handed over a sign-in form.

Zhou Wenyao took it in his hand and glanced at it casually. The data showed that no one of the executives attending the meeting was absent today. This ratio is quite astonishing, and it also represents the importance that everyone attaches to this meeting.

"Ahem!"

I don’t know how many times I have hosted high-level meetings. When the time came, Zhou Wenyao cleared his throat and started with ease.

"I think some of you already know, and some don't, but now I'm officially informing you that just yesterday, Lu Sheng announced to the public that Feigou.com is confirmed to be listed, and it will be in the next two years. Today, we are here

The purpose is also very simple -

This time, the Hong Kong Stock Exchange must win over Feigou.com!"

"Get it? How to get it!"

Chen Xiaowen, as the "reformer" who invited Penguin to go public last time, smiled coldly, "What Lu Sheng wants is 'same shares with different rights', have we given it? Lu Sheng also wants a 'special partnership system', so can we."

Give it? Then there is no need to continue the conversation!"

As soon as these words came out, the whole place fell into deathly silence.

Zhou Wenyao looked around and sighed: "Everyone is aware of the current situation. This time's subprime mortgage crisis is definitely no less than the financial tsunami in Southeast Asia. Insufficient insurance will cause a recurrence of the October 1997 stock market crash. If Feigou can be listed in Hong Kong,

Equivalent to..."

"But we can't give privileges just because of this, right?"

Xu Yingcai, representing the local faction, objected: "Otherwise, it will appear that we are very unprincipled. Again, we cannot break the rules of the Hong Kong Stock Exchange just because of one company."

"Aren't rules meant to be broken? Haven't we broken and formulated new rules in recent years? If the reform plan of 'same shares with different rights' is passed, will the Hong Kong Stock Exchange be as passive as it is now? Will it be necessary?

Make a special case for Lu Sheng?"

Chen Xiaowen blew the charge horn, and his confidants followed closely behind.

"That's right! Which is more important, the principle or the situation?"

"Because of this rule, we lost Penguin. What is Penguin's status and market value on the New York Stock Exchange now? What is Ali Daba's market value and status on the Hong Kong Stock Exchange?"

"Privileges must be given to terrestrials! Can we still accept missing out on a flying shopping network that is larger than Penguin?"

“…”

"In the crisis that the Hong Kong Stock Exchange is facing this time, won't anyone really expect Ali Baba to stand up? No, right? No, right?"

Chen Xiaowen's tone was somewhat mocking.

"This this……"

The local faction including Xu Yingcai was stunned speechless.

If it's really the fault, it's Ah Li Baba's fault.

I originally thought that I could use the platform of the Hong Kong Stock Exchange to promote Ali Daddy into a global Internet giant that is at least as good as Penguin, but the reality is a blow, and Ali Daddy is now about to become a penny stock.

Not only did the local forces in Xiangjiang lose face, but they also suffered heavy losses, and the big bosses behind them were quite dissatisfied.

So much so that they are no longer tough when speaking on the Hong Kong Stock Exchange.

The conservatives were in a dilemma and said weakly: "How about we ask the leaders and seniors like Li Sheng to persuade Lu Sheng? If he doesn't give us face, they have to give them some face, right?"

"When Penguin was listed on the New York Stock Exchange, who did Lu Sheng give face to? The face was all given by ourselves."

Chen Xiaowen said solemnly: "I propose that, regardless of the 'same shares with different rights' or the 'partnership system', I will give it to them all! As long as the conditions mentioned by Lu Sheng are suitable, I can agree to him."

For a time, the two groups were quarreling and noisy.

People like compromise and reconciliation.

Want both, maybe not give in an inch.

Xu Yingcai and others finally relaxed their requirements: "How about only allowing one of the 'partnership system' and 'different rights for the same shares'?"

"I think Mr. Lu will agree."

Zhou Yaowen nodded: "He is a patriotic entrepreneur who understands the big picture and knows very clearly about right and wrong."

"I'm afraid he'll want them all!"

Chen Xiaowen sighed, "Have you forgotten Double Eleven? If Feigou.com's performance this time is like what he said, it creates a miracle. The turbulent New York Stock Exchange and Nasdaq can let Feigou go."

Internet? Why should the Hong Kong Stock Exchange compete with them?"

"Then let Ali Baba perform well on Double Eleven. We don't want to surpass Feigou.com, but at least we can put some pressure on it."

Xu Yingcai gritted his teeth and planned to call Cai Chongxin after the meeting. Ah Li became very nervous.

"Director Chen, I have to work hard for you again this time."

Zhou Yaowen said seriously: "No matter what, we must keep Feigou.com on the Hong Kong Stock Exchange. This is not only my intention, but also the intention of the higher-ups. Remember, I am talking about the top!"

"Hiss~"

Xu Yingcai's whole body trembled violently, wouldn't that be special...