Rebirth starts from e-commerce

Chapter 588 Preparations for IPO
Luo Xiu got off the boat and returned to the group headquarters.

Li Shan didn't know where he got the news, so he ran over and asked, "Brother Xiu, I heard that you are choosing a concubine on a boat, next time you hold this kind of competition, you must call me!"

"What? You also want to choose a concubine?" Luo Xiu glanced at his belly, which seemed to be eight months pregnant, "You have been socializing a lot lately, I think you are almost hollowed out by wine and sex."

"Brother Xiu is right. Alcohol makes people faint, and sex makes people confused. In ancient times, King Zhou was addicted to wine and sex, licentious and immoral, and ruined the foundation of the Shang Dynasty for hundreds of years. I have decided, from today, to quit drinking! "

"What about color?"

"After rebooting, what's the point of being in good health? What's the use of this iron bar?" Li Shan asked back.

"What you said... makes sense." Luo Xiu was speechless.

"When will the next one be held?"

"I'm planning to hold the second session, but I have already planned to hand it over to Qing Fei, you are late."

When Li Shan heard this, he became anxious, "Brother Xiu, it's not that my old Li is bragging. Qing Fei is indeed good at live broadcasting, but his personality is not suitable for overall management. Let me take charge of this project!"

He also watched the live broadcast of the beauty pageant, and seeing Luo Xiu surrounded by a group of beauties, he naturally felt a little itchy.

Other projects can be given up, but he must strive for this project.

Luo Xiu thought for a while, "It's not impossible to change people temporarily, but you have to bring out something practical, so that I can change people."

"Let me set up a military order for the head office. If the delivery performance of the second competition cannot increase by 50%, I will voluntarily give up the performance of this quarter."

"Okay, since you are so confident, I will leave it to you!"

"Really? Brother Xiu, you are too kind to me!" Li Shan said overjoyed.

"They're all brothers, why are you being polite?"

Li Shan thought for a while, and then asked: "If we hold two beauty contests in a row, will it make the audience feel a little tired?"

Luo Xiu patted him on the shoulder and said with a smile, "You don't have to worry about that. The second session we held was a men's competition, and there was no conflict with the first session. lock up."

"What, what? Are there any beauties?"

"I said it's a men's contest, what beauty do you want?"

"Brother Xiu, we can discuss this matter again. I think this opportunity should be given to Qing Fei. He is the professional in live broadcasting..."

"Qingfei only knows how to order live broadcasts, and the overall management depends on you. Don't forget what you said just now. If you can't achieve 50% performance growth, give up this quarter's performance."

Li Shan could only say with a bitter face, "Brother Xiu, you cheated me again."

"Hahaha!"

Luo Xiu ignored him, laughed and turned to leave.

The groups who watch the live streaming are mainly girls and young women.

Find some little milk dogs and little wolf dogs to bring the goods, the effect may be better.

After the beauty contest is successfully held, it is natural to hold a men's contest next.

Originally, he didn't know who to ask to be in charge of this project, but now that Li Shan volunteered, he just left it to him.

As for Luo Xiu himself, there are more important things to do next, but there is no time to worry about these small things.

Yes, he finally decided to launch an IPO and seek listing.

As early as 2014, Luo Xiu, as a partner, accompanied Lao Ma to Wall Street to ring the bell.

In those few days, he personally witnessed the glory of Ali when it went public, and witnessed the first time that Lao Ma became the richest man in China.

And he himself stood aside, silently watching the bigwigs being interviewed by reporters, chatting and laughing in front of the media.

"That year, 24, the New York Stock Exchange, standing here. At that time I swear with tears, you must see me..."

Wrong set.

"I waited for three years just to wait for an opportunity. I want to fight for my breath, not to prove how great I am, but to tell others that what I lost must be taken back."

Wrong set again.

The reason why Luoxiu wants to prepare for listing at this moment is because it is now two or three years when the value of Internet companies is the highest.

Going public at this time can give the highest stock price and help the group get the most money back.

In the early years, there was not such a high valuation, and in the later years, it may break when it goes public.

Now is the best time.

……

Luo Xiu convened the company's top management to discuss the preparations for the listing.

After the executives learned of the boss's thoughts, they couldn't help showing joy.

They all hold the original shares of the company, and they are waiting for the company to go public and realize the freedom of wealth.

In fact, Pinru Group has long been qualified to go public, and executives have repeatedly expressed or hinted at the listing of the boss.

It's just that Luo Xiu has always rejected the listing proposals of the executives on the grounds that the company is not short of money.

They thought that there was no hope, but they didn't expect happiness to come so suddenly.

"Where are we going to go public?" Someone asked.

For this question, there are not many answers to choose from, either big a, Hong Kong stocks, or going public in the United States.

"Our size is too large, and we can't raise much money from the A-share listing. If we force the A-share listing, I'm afraid we will drain the water from other listed companies."

Although this statement is a bit exaggerated, it is true that Internet companies cannot make much money by listing on A-shares.

"New York Stock Exchange." Luo Xiu made the final decision.

The NYSE has strict requirements for listed companies.

Among them, the requirements for American domestic enterprises and non-local enterprises are different.

Non-US companies like Pinru Group have higher requirements.

For example: the number of shares held by the public is not less than 250 million shares.

The number of shareholders with more than 100 shares shall not be less than 5000.

The company's stock market value is not less than 1 million US dollars, and its tangible net assets are not less than 1 million US dollars.

Must be profitable in the last 3 fiscal years, accumulatively not less than 3 million US dollars in 650 years...

Of course, judging from the disclosed conditions, it is not a problem for a giant like Pinru.

The trouble is that Pinru Group's business is too extensive now, and it basically involves the entire popular Internet industry.

There are payment platforms, takeaways, barrage video sites, short video platforms, live broadcasts, music, factories, and physical chain stores...

These companies have cross-shareholdings with each other, which is complicated, and no level of finance dares to undertake this business.

It can only be said that the pace at the beginning was too fast, without thinking so much, and rushing forward, leaving so much trouble.

However, this is not the most difficult part.

What is really difficult is the political game between the two countries.

If you want to comply with the laws and regulations of your country, you will violate the rules and regulations of the United States.

The United States has passed the review, but it is not in its own interests.

Things are difficult after all.

After all, being the richest man is not easy.

That's right, based on Luoxiu's shareholding in Pinru Group, once it is successfully listed, he will definitely become the new richest man in China.

In contrast, the equity of other richest men in the country has been diluted too severely, so I didn't keep much.

(End of this chapter)