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Late June. Pen, fun, and www.biquge.info

Xu Cun, who went to the mainland a few days ago to attend the enthronement ceremony of the new general secretary, returned to Xiangjiang.

By this time, the run on the Bank of China and the banks associated with it had passed, and the stock market in Hong Kong had stabilized -- a steady decline.

July 1.

Huang Baigao, president of DreamWorks Records, held a press conference on behalf of Xu Cun, president of DreamWorks Records, to announce that DreamWorks Records would be listed on the Hong Kong Stock Exchange a week later, on July 8.

Following the pre-IPO restructuring, DreamWorks Records' equity distribution is as follows:

DreamWorks Group Holds 75 Percent of the Shares -- After the reorganization, Xu Cun's original shares in the record group and its various record branches were all owned by the DreamWorks Group.

Huang Baigao holds 5 percent of the shares -- he personally holds 10 percent of the shares of the Heung Kong Branch.

Peng Guohua holds 3 percent of the shares -- he personally owns 5 percent of the shares of the Japanese branch.

Katsuto Matsuura holds 2 percent of the shares -- he personally owns 10 percent of the shares of the Japanese branch.

Chen Dali holds 2 percent of the shares -- he personally owns 10 percent of the shares of the Chinese branch.

Deng Yiming holds 2 percent of the shares -- he personally holds 10 percent of the shares of the Nanyang branch.

Zheng Donghan holds 2 percent of the shares -- he personally holds 10 percent of the shares of the European and American branches.

Chen Xiunan holds 1 percent of the shares -- he personally holds 10 percent of the shares of the Korean branch.

The remaining 8% was awarded by the General Affairs Bureau of the Record Group (in fact, Xu Cun personally) to people who have contributed to the record group, some important middle and senior managers, and some singers who are worth cultivating and wooing.

After evaluation, the net assets of the record group were 12 billion Hong Kong dollars, the total share capital before listing was 6 billion shares, and the net assets per share were 2 Hong Kong dollars - since this appraisal was made by the hands of the three most authoritative asset appraisal companies in Hong Kong, Huang Baigao and others subsequently negotiated with the Hong Kong Stock Exchange and a number of securities firms that issued and received shares, and they all recognized the initial appraisal data of these three asset appraisal companies.

There is a very important rule for listing on the Hong Kong Stock Exchange -- for enterprises with a market capitalization of less than HK$1 billion, the Stock Exchange requires that the outstanding shares listed on the stock exchange must reach more than 25 percent of the total shares, and only more than one can be less. For large groups with a market capitalization of more than HK$5 billion, only between 15% and 25% of the outstanding shares are required. As for some of the giants with a market value of 10 billion Hong Kong dollars, the Stock Exchange simply requires them to turn a blind eye to more than 10% of their outstanding shares.

Since the 87 stock market crash, DreamWorks Records Group is the first multinational group with great social influence and attention listed on the Stock Exchange with a market value of more than 10 billion.

As a result, the Stock Exchange only requires 10 per cent of the outstanding shares of the record group.

In other words, the record group only needs to guarantee the circulation of 600 million shares.

Scarcity is expensive, and the record group is not too short of money, so after the study of the general meeting of the record group (in fact, it is Xu Cun's words), everyone apportioned 10% of the equity of the record group for listing and circulation according to the proportion.

After launching 10 percent on the basis of 75 percent, DreamWorks Group also owns 67.5 percent of the equity of the record group, and is still the absolute holding company of the record factory group.

July 8.

Monday.

Hong Kong Stock Exchange.

(There were originally four exchanges in Hong Kong, namely the Hong Kong Stock Exchange, the Far East Stock Exchange, the Gold and Silver Stock Exchange, and the Kowloon Stock Exchange.) It is very rare for a city to have four exchanges, and it also brings administrative and regulatory difficulties, so under the pressure of the Hong Kong government, after years of preparation, the four exchanges were formally merged on April 2, 1986, and the Stock Exchange began to operate, becoming the only stock exchange in Hong Kong. The hall of the Stock Exchange is located in Xucun's Baye Plaza, and a computer-aided trading system is used to buy and sell securities. On 22 September 1986, the Stock Exchange was admitted as a full member of the International Federation of Stock Exchanges. ）

The record group conducts a pre-trade auction stage for securities institutions.

Before officially reciting the latest performance report that had been reviewed by the record group to the various securities companies and members who were ready to bid, Zhou Songgang, chairman of the Stock Exchange, first bowed very respectfully to Xu Cun, who was standing not far away surrounded by dozens of famous singers, and said in a sincere tone: "Thank you, Mr. Xu, for giving Xiangjiang people this opportunity to make money!"

Zhou Songgang's words were not polite words, but real heartfelt words -- at the time of the '87 stock market crash, because the United Stock Exchange, as the only international stock exchange in the world that had been suspended for four days for refuge, was greatly affected, and then it was reported that the high-level officials of the United Stock Exchange were corrupt and bribery, which further intensified the distrust of the Hong Kong enterprises and the people of Hong Kong towards the United Stock Exchange, causing many Hong Kong enterprises to choose to go to Taiwan. Listings in London and Tokyo have resulted in only six new companies listed on the stock exchange in the past two years, which is seriously inconsistent with its status as one of the six major international financial centers. What's more, the record group is still a large multinational group with a market value of more than 10 billion Hong Kong dollars with great social influence and attention, and Xu Cun, the owner of the record group, is a world-famous world-famous billionaire? Zhou Songgang is even optimistic that through the listing of the record group on the stock exchange, the stock exchange will be able to recover from the two stock market crashes of '87 and '89 at once!

Hearing Zhou Songgang's thanks, Xu Cunchong nodded ice to Zhou Songgang, and waved his hand to the various securities companies and members who were ready to bid!

Seeing Xu Cun waving to them, many people with slightly poor psychological quality suddenly felt like they had been beaten with chicken blood, and secretly vowed: "I must eat more shares of Mr. Xu's company!"

Looking at the crowd of people who were in high spirits, Zhou Songgang began to recite the latest performance report handed over by the record group: "In 1981, Mr. Xu Cunxu, the pride of our Xiangjiang people, founded the first DreamWorks Records in Xiangjiang, and successively signed more than 200 famous singers and groups from all over the world, such as Anita Mui, Zhang Guorong, Alan Tam, Deng Lijun, Wang Fei, Yang Gangli, Sakai Noriko, Sachiko Kachi, Celine Dion, Li Xiuman, etc...... In the fourth quarter of 1987, the total revenue of DreamWorks Records Group was HK$3,985,220,000, of which the net profit was HK$1,704,577...... At present, DreamWorks Records Group has six branches, including Xiangjiang Branch, China Branch, Japan Branch, Nanyang Branch, European and American Branch, and South Korea Branch, and its sales channels cover 57 countries and regions around the world...... Now, let's enter the bidding stage for the listing of DreamWorks Records!"

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