Super Tycoon

Tory, a senior investment manager of Goldman Sachs, is also the direct person in charge of Goldman Sachs as the underwriter of Zhiduoxing Group. There was more than one underwriter, but Goldman Sachs was the biggest.

In the past two months, there have been huge changes in the financial aspects of Zhiduoxing, which once made all the underwriters hesitate, worrying that the shares of Zhiduoxing Group would not be sold at a high price.

But with the listing of Zhiduoxing G2, all worries disappeared. Judging from the momentum at this time, the global sales of G2 will surely exceed 50 million units, so there is no need to worry about the revenue of Zhiduoxing Group in the next two years.

What's more, the price of Zhiduoxing's games has also been raised now, and the super 3D expressiveness makes players willing to buy at a high price. Therefore, the net profit margin of Zhiduxing Group this year may be close to 20%!

How could such a high-sales, high-margin company have such a low stock price? Those stockholders will also be willing to buy at a high price in order to pay dividends.

Take a look at Nintendo, whose sales are not as good as Chituoxing, and its market value exceeds tens of billions of dollars. Sunny Company, although there are other product factors included, its market value is as high as more than 80 billion U.S. dollars.

If Zhiduoxing can step on these two in the game industry, the market value can't be too low, right? Underwriters such as Goldman Sachs set the bottom line of psychological positioning for Zhiduoxing Group, which is tens of billions of dollars, and it may be even higher.

Of course, it is impossible to surpass Suoney. After all, Suoney’s music products, film and television products and other electronic products are also well-known all over the world, and the brand value is also higher than that of Zhiduoxing.

This time, Tori came here to represent all the underwriters to discuss with Zhang Yang, to let Zhiduoxing Group go public as soon as possible, and to take advantage of the hot sales of Zhiduoxing G2.

Otherwise, there will be variables when the game consoles of companies such as Sunny are launched next year.

Anyway, Zhiduoxing's purpose is very clear, that is, to raise more funds, saying that it is used to invest in related upstream and downstream industries. They also hope that Zhiduoxing's stock price can soar, so that they can also earn more commissions.

When Tori arrived in the capital, he had already contacted by phone yesterday. Instead of going back to the hotel to rest for jet lag, he came directly to the headquarters of Zhiduoxing Group.

Seeing the rebuilt building not far away, Tori knew that it was the new headquarters of Zhiduoxing, and it would be put into use this year.

How can a multinational company with assets worth tens of billions of dollars work in such a small place? It seems that Zhiduoxing Group really spent every penny wisely.

Getting out of the car, Xiao Wang led Tori into Zhang Yang's office. He greeted Zhang Yang in person on behalf of Zhang Yang, and he gave the other party enough face.

After exchanging simple greetings, Xiao Wang poured tea for Tori and went to the outer room of the office.

"Mr. Zhang, I am here this time on behalf of Goldman Sachs, Huaqi, Morgan Stanley, and Wells Fargo to discuss some details of the listing of Zhiduoxing Group."

Zhang Yang leaned on the sofa: "What details? Didn't we sign the contract before, are you going to breach the contract?"

Judging from Zhiduoxing's performance at this time, even if these four top underwriters defaulted, there must be other top underwriters who would be willing to sign a contract with Zhiduoxing. Zhang Yang is not in a hurry.

The preliminary work is almost ready, and the listing is just a step away. He believes that these four companies should not be confused.

"Of course we will not breach the contract, but it is not stipulated in the contract. The issue price of the stock needs to be approved by you, and the issue ratio has not yet been determined."

It is time for the next step of the work, market inquiry and pricing, and then issuance and listing.

At the beginning, Zhi Duoxing asked to add this clause, the four of them thought about it and agreed. The interests of both parties are the same, and they also believe that Zhi Duoxing will not do stupid things here, and it is Zhi Duoxing himself who is cheating.

"The issuance ratio is 30 percent."

Tori frowned, and planned to discuss it with Zhang Yang. If there is more, more funds can be raised. Isn't that good?

"However, I can promise to give you a 10% over-allotment right,

As long as you have the ability to sell these stocks at the right price. "

Tori breathed a sigh of relief, with just this sentence, half of his mission this time has been completed.

All of this added up to a ratio of 40%, which met their expectations. The four companies can share evenly, and they can all share a good commission.

They get commissions in proportion to the amount of funds raised. For example, if they help Zhi Duo Xing raise one billion US dollars this time, they will get 2% and they can share 20 million US dollars equally.

But as the top financial giants, how could they pay attention to five million dollars each? The funds they raised for Zhiduoxing Group must not be less than four billion U.S. dollars, which means that each of them can get 20 million U.S. dollars.

What's more, their commissions can be in cash or in the shares of Zhiduoxing Group, and as underwriters, they also have the right to preemptive subscription. Although the proportion is not high, they are also very satisfied.

As the stock price of Zhiduxing Group rises, they can also earn more.

"What about the stock price? How much do you plan to set the total share capital at, and what is the reserve price per share? Professionals from our four companies have calculated that the total share capital is set at 500 million shares, and the offering price per share is set at $18. After listing, your company’s market value may stabilize at between US$9 billion and US$11 billion.”

Tori thought that upon hearing the news, the young rich man in front of him would also jump up excitedly, because at that time, the market value of the stock of Zhi Duo Xing Group held by Mr. Zhang and his father would soar to about 5 billion US dollars.

This could become one of the youngest billionaires at this point, and the only self-made one. But why does this rich man have no excited expression at all, and even a little dissatisfied?

"Low."

Tori couldn't believe it: "Mr. Zhang is not satisfied with this price?"

Become a top company with tens of billions of dollars after going public, do you still think it is too little?

"Nintendo's industry is much worse than ours. Their company's market value exceeds tens of billions of dollars. Our Zhiduoxing Group's sales are higher than theirs, and our profits will be greater this year. The market share will be higher, and the popularity will also change. higher."

"How can our market value be similar to theirs? At least it must exceed 50%."

"How much? You mean, the market value of Zhiduoxing Group should exceed 15 billion US dollars? You want to sell 30 shares?!"

"Why, is the price high? When we signed the contract, several of your companies promised to let us surpass Nintendo and guarantee the top-price distribution. Can't we do it now?"

"If this is the case, then I have another suggestion, how about letting Zhiduoxing, a subsidiary of Zhiduoxing Group, go public separately?"