Winning the new financial era

Chapter 667
After Zhang Yida returned to the mainland, he immediately arranged for someone to contact the leading group of the Science and Technology Innovation Board.

When they heard that Ruixiang was going to be listed on the Science and Technology Innovation Board, the other party was more active than Li Xiaojia.

The Science and Technology Innovation Board wants to become China's Nasdaq, so how can there be no top technology companies like Ruixiang?
Sci-Tech Innovation Board officials flew from Shanghai to the capital, met with Zhang Yida in person, and discussed some listing details.

The outcome of the negotiation was naturally satisfactory to all parties.

What Zhang Yida is looking for is the speed of the meeting and the amount of funds raised. What the Science and Technology Innovation Board is asking for is that Rui has always supported them.

……

Ruixiang notified all shareholders of the news of preparations for listing, and everyone was very happy that this day finally ushered in.

The most exciting one is Sun Zhengyi. This year is a bit unfavorable for him.

Uber's listing broke, and WeWork's valuation was cut in half...

The outside world began to question his investment strategy a little bit.

Big money invested in unicorns, and the valuation was abnormally high. As a result, they were beaten back to their original shape as soon as they went public.

The losses are huge, billions of dollars for a single project.

As a result, the second phase of the SoftBank Vision Fund was not very smooth. The old LPs of the first phase of the fund were unwilling to follow up with the investment, saying that they needed to consider it.

The listing of Ruixiang will be a good turnaround for him and restore the current decline.

How unhappy he is!

In video conference.

The short Sun Zhengyi had a smile on his face, and immediately sent blessings to Zhang Yida and Ruixiang.

"Mr. Zhang, congratulations to you, and congratulations to Ruixiang. From now on, Ruixiang will truly become one of the global technology giants."

Sun Zhengyi's words are from the heart. He has seen too many amazing figures in the business world.

Whether it is Wei Chen from Didi, Kalanick the founder of Uber, Bingyao Chen from Grab, Tae Hee from OYO...every one of them is a young business leader from various countries.

But none of them can compare to Zhang Yida, they are all scams and lose money!
Only Rui Xiang, he can really make a fortune.

I sighed secretly, and I have to thank Bonima for his righteousness in transferring the shares. Good people will live a safe life!
Zhang Yida said with a smile, "Ruixiang is not my own. His success belongs to every shareholder present."

Shareholders such as Robert and Evans all smiled in the camera. Compared with others, they paid more attention to the issue of underwriters.

"Mr. Zhang, for this record-setting global IPO, Goldman Sachs will definitely be able to provide the most satisfactory service for Ruixiang."

Robert, who has the same hairstyle as Baldy Bei, was the most active and couldn't wait to start grabbing business.

"What Goldman Sachs can provide, we Morgan Stanley can also provide."

Not to be outdone, Evans glared at the bald man Robert, and every time the bald man took the lead.

This made him very upset, and this time he must win a round.

"Our Bank of America Merrill Lynch can also underwrite..."

"Our winning rate is the lowest..."

“Best service at Credit Suisse...”

……

A group of shareholders began to compete for underwriter qualifications, and they didn't want to miss this big deal.

"We can take 1% of the fundraising amount as the underwriter's fee, and whoever can accept it will be qualified as an underwriter."

When Zhang Yida spoke, he looked at the dark faces in the small windows of the projection screen, and wanted to laugh.

Fight, keep fighting!
As a result, no one spoke, and the scene was silent.

"It's too low, 1% of the underwriting fee, isn't it just a waste of time for us?"

Robert's shiny bald head shook violently, and it was difficult for him to accept Zhang Yida's conditions.

"Ari was listed at this price in 2014 in the United States. Facebook's IPO raised $160 billion, and the underwriting fee rate was only 1.1% of the amount raised."

Looking at the hundreds of shareholders in the small window, Zhang Yida said calmly.

His principle is that the money that should be spent must be spent, and the money that should be saved must be saved.

"Okay, Goldman Sachs can accept it, and we will be the lead underwriter."

As soon as Robert let go, several other companies also expressed their acceptance.

Taking the financing of 260 billion US dollars as an example, they divided up 2.6 million US dollars, which is not too small. It is a rare big deal in recent years.

After discussing with shareholders and selecting underwriters, Ruixiang began to form a listing working group.

"Lan Lan put aside the work of the strategic investment department and handed it over to the deputy. You will be the deputy leader of the working group."

At the executive meeting, Zhang Yida glanced at Lan Lan and said.

"Okay, Mr. Zhang, no problem."

Lan Lan was very happy, Mr. Zhang served as the team leader, and she served as the deputy team leader.

According to Mr. Zhang's temperament, most of the team leaders are just name-calling, so she is basically in charge of listing matters.

This made her feel very valued, but also under heavy pressure.

$260 billion fundraising!

The world's largest IPO!

The next few months will be busy to ensure that the plan is a complete success.

Senior executives such as Gu Panpan, Su Hua, Hong Haibo, and Ma Jun looked happy.

Since last year, news broke out from the media every now and then, saying that Ruixiang was about to go public.

They have been looking forward to this day for a long time.

Everyone has a lot of options in their hands. After the listing, everyone will be a rich man with a net worth of 10 figures!
The exception is Su Hua, who holds 0.9987% of Ruixiang shares and may be worth more than 200 billion after listing.

There are even more Lin Zhenyang, who holds 1.87% of Ruixiang shares and is worth close to 400 billion after listing.

The two of them are among Ruixiang's executives, except for Zhang Yida, who hold the highest shares.

Even Lu Qi is far inferior to them, with only 0.2% of Ruixiang shares.

Wang Xinwen from Lilith, Chen Rui from Bilibili, Qu Fang and Mao Wenchao from Xiaohongshu, and other founders of the company acquired by Sharp, also hold shares ranging from five to ten thousandths of Sharp.

After Ruixiang goes public, a group of them can also increase their worth ranging from one billion to several billion RMB.

After multiple rounds of financing, mergers, mergers, and rewards for winning the bet, the combined shareholding ratio of Ruixiang executives and employees is only less than 6%.

The top management has taken away almost half of the employees' shares, and the remaining 3% of the shares belong to tens of thousands of middle-level and grass-roots employees. On average, each person's shares are worth 600 million yuan.

Of course, the real situation cannot be average. Some people may have more stocks, worth 2000 million;
Some people have less shares, worth 200 million.

I don't know anything else, anyway, the housing prices in Haiding District may be going up.

This is the most real thought in the hearts of many executives present at the moment.

"Mr. Zhang, what do we need to do during this time?"

Gu Panpan, who did not join the listing preparatory team, asked.

"Go to work as usual!"

Zhang Yida was speechless, although he knew that the news of the listing would bring some shock to the executives.

But I didn't expect the impact to be so big, and even my brain began to be insufficient.

"Continue to attract investment for me and attract big brands to put Pinduoduo on the shelves.

The second [-] billion subsidy is on the way! "

Zhang Yida glanced at the executives present, and said calmly, "Although the company is about to go public, everyone must not slack off.

Going public is not the end, it's just the beginning.

There are still $3000 billion, $4000 billion... $1 trillion waiting for us.

We can't sit back and relax. Apart from short videos, which business do we have achieved the number one?

There is still much work to be done.Everyone must correct their mentality.

If you do a good job in the business within these few months, it is the greatest support for the listing work. "

Lin Zhenyang answered, "That's right, there is actually no difference between going public and not going public.

Although everyone will be a billionaire after the listing, but if it starts to drift away, then don't blame me for imitating brother Dong and not recognizing brothers. "

Although Lin Zhenyang said these words in a very humorous language, everyone also heard the hidden meaning.

This made them calm down a little bit, and offset part of the feeling of ecstasy brought about by the news of the listing.

(End of this chapter)