Chapter 931: Magnesium Group Listing
September 19th.
The Peninsula Hotel.
Shen Lang was invited by Wang Xing to come to Xiangjiang to celebrate the listing of the magnesium group.
The shareholders of the magnesium group have gathered, and the call for the listing of the magnesium group has been very high before, and now it has finally given everyone an answer.
The entire Peninsula Hotel has been wrapped up by magnesium clusters, and magnesium clusters are about to be listed, and naturally they are rich.
The magnesium group came to Xiangjiang for listing, which was valued by the Xiangjiang Exchange.
The Hong Kong Stock Exchange has arranged time to avoid Xiaomi's listing, so as to free up more market space to supply magnesium clusters.
Wang Xing, as the CEO of the magnesium group, was naturally busy, and chatted with Shen Lang for a while, and then left.
Shen Lang walked around the Xiangjiang River by himself, the area of the Xiangjiang River is not large, but the housing prices are so high that people are desperate.
The average house price is more than 100,000 yuan, and it is normal to easily decorate more than 300,000 square meters, and it is normal to move more than 100 million.
Tomorrow is the day when the magnesium group goes public, and Shen Lang is not the management of the magnesium group.
You just need to eat and have fun with peace of mind, and when the time comes, it is enough to see how much the stock in your hand is worth.
I met with Wang Xing before, Wang Xing's face was very relaxed, and the Hong Kong stock market still understands the concept of magnesium group very well, and the recognition is quite high.
There is no suspense about the market value of 50 billion US dollars, and no matter how high it is, it depends on chance.
Shen Lang holds 4% of the shares of the magnesium group in his hands, and easily pockets two billion US dollars.
Shen Lang plans to sell his shares directly to Wang Xing, and Wang Xing will definitely not miss the opportunity to increase his voice.
Xiangjiang is famous for its land and population density, which is also the third highest in the world.
Shen Lang only took Chen Meng with him, leisurely strolled through the streets and alleys of Xiangjiang, and went to Victoria Bay to see the wonderful scenery, and Shen Lang went back to the hotel.
The dinner is a small gathering of these shareholders to chat before the listing.
There are many shareholders of the magnesium group, and the most equity is Penguin, which holds 20% of the equity.
It just so happened that the person sent by the penguin this time was also an old friend, Chen Zhijian.
Wang Xing was wearing a black suit, although he was bald, but the whole person was extremely energetic.
Chen Zhijian saw that Shen Lang's face was a little unnatural, and the penguin and the microcosm were now tearing up fiercely.
Especially since the launch of Easy Chat in the microcosm, Penguin has cut off all ideas of cooperating with Shen Lang Investment, and intends to suppress the microcosm at all costs.
Instant messaging is the lifeblood of penguins, and there must be no loss, and the stock price of penguins has been falling continuously.
The root cause is that under the impact of easy chat, the capital market's disapproval of penguins is increasing.
The shareholding structure of the magnesium group is not complicated, with Penguin holding 20% of the shares, and Wang Xing and Sequoia Capital each accounting for 11.4%.
Shen Lang's equity can be ranked fourth, but the voting rights were handed over to Wang Xing early.
Wang Xing has adopted a weighted voting rights strategy for magnesium groups, and Wang Xing holds a large number of Class A shares, with voting rights close to 48.5%.
Even though Penguin has the highest equity ratio, it controls all Class B stocks, and the real voting rights are less than 10%.
Counting the voting rights held by several co-founders and Shen Lang, Wang Xing doesn't care about penguins at all.
The penguins can't make any waves now, and Chen Zhijian doesn't have any idea of seizing power.
Wang Xing is not a simple person, and the penguin is now pointing to go public through the magnesium group, making a lot of money, and by the way, stimulating the stock price.
Recently, the penguin's stock price has continued to fall, which makes Ma Teng's face a little ugly.
The listing of the magnesium group, as the largest shareholder, Penguin, of course, can also reap a lot of money, reversing the recent downturn in stock prices.
Many business tycoons gathered together to chat, Wang Xing has been standing beside Shen Lang and said with a soft smile:
"You've been fighting with penguins lately, and I heard that Ma Teng got on fire and smashed three billion on Weishi, hoping to beat your Douyin. ”
"Three billion? is not enough. ”
Shen Lang sneered, the well-known leader in the field of short videos is Douyin.
Ma Teng really thought that he was relying on >
It was pure dreaming.
Shen Lang also told Wang Xing about his idea of selling equity, and Wang Xing was a little surprised.
"Since you want to sell your shares, that's fine, but I want me to buy your shares at my own expense. ”
Shen Lang said indifferently: "It's okay, then this matter is decided." ”
"Haha, okay, I didn't expect to receive such good news before I went public. ”
Wang Xing laughed a few times, and then asked, "When are you going to list those unicorns?"
"Wait a little longer, even if you come to Xiangjiang to be listed, you have to wait for a month or two to be listed. ”
The reason why the magnesium group avoids Xiaomi is also to prevent market funds from being sucked away by Xiaomi.
Small companies don't matter, such giant companies usually stagger each other's listings in order to avoid losses.
Shen Lang did not deny the possibility of Xiangjiang's listing, after all, Xiangjiang is all Chinese investors and has a better understanding of the concept of domestic Internet companies.
Even a company like Magnesium Group, which continues to lose money and does not see any profits, is very optimistic.
If he went to NASDAQ, Wang Xing didn't dare to guarantee whether the magnesium group could get the valuation of Xiangjiang.
After all, magnesium loss is a big problem.
As for the domestic A-share listing, it is not that the magnesium group does not want to, and a basic condition for the listing of A-shares is to achieve profitability for three consecutive years.
The loss of magnesium group will continue for a while, pointing to the fact that it is simply unrealistic to make a profit now.
Wang Xing took a sip of champagne, looked at Shen Lang with a smile and said: "Seriously, I suggest you come to Xiangjiang to go public, you see that Xiaomi and we have obtained a high valuation, I think this is very suitable for your companies." ”
Shen Lang hasn't decided yet, but the listing is definitely wanted, and there are many benefits of listing in Xiangjiang.
Don't queue up, and if you're a super unicorn like TikTok, you'll get extra support.
Just like Xiaomi and Magnesium Group have received extra attention from the Xiangjiang Stock Exchange, including various conditions before listing, they are all in accordance with the two companies.
"The reason why I didn't consider the NASDAQ is mainly because I am afraid that the valuation they give is not high, you know that companies like ours rely on shareholder blood transfusions, Xiangjiang is okay here, they know us very well, and I really don't have a score in the United States. ”
Wang Xing's voice changed and he said with a smile: "And we can't go back to China for A-share listing in the future, like Rebus's abacus, I think it's good." ”
"How?"
Wang Xing explained to Shen Lang with great interest the routine of Xiaomi's listing.
"You look at Xiaomi's equity, Rebus is not much, and China does not support different rights of the same shares, Xiaomi's losses are more serious than ours. ”
This Shen Lang knows that after all, they are all domestic mobile phone manufacturers.
Luo Dan also told Shen Lang that Xiaomi's situation was very bad, and it was barely able to maintain the situation by relying on shareholder blood transfusions.
Wang Xing said with a smile: "Don't look at us to list on the Hong Kong stock market first, but there is still an opportunity to return to China in the future, and the latest A-share CDR (representing overseas stock certificates) is the best way for us to return to the domestic A-shares." ”
China does not support weighted voting rights, and Wang Xing will not be listed in China even if they can make a profit.
For Internet companies like them, financing can easily dilute their shares, and neither Wang Xing nor Rebus are people who give up control easily.
Shen Lang also has a concept in his heart, but he is not in a hurry at the moment, if he needs to start the listing process, he can contact the Xiangjiang Exchange directly.