Chapter 607: Five-Party Listing (Seeking Votes)
"Today is the day of our Wufang Group's IPO, and it is also a big day for all of us in the group. In the past five years, the assets and profits of Wufang Group have achieved a three-fold jump, and we are confident that in the future, all investors who buy our shares of Wufang Group will get rich returns......"
After Fang Yanhong made a brief speech, Shi Lei came to the stage again and gave an impassioned speech. The shares of Wufang Group are entrusted to several domestic investment banks and securities companies for sale.
These people were all introduced by Shi Xitong, who is very experienced in running companies to go public, and has always maintained a good personal relationship with the executives of these companies. At the beginning, Taishi International operated several companies to go public, and they all cooperated with them.
From the acceptance and distribution of materials, to the meeting, review, and feedback, this qiē is almost the fastest speed, and when the volume is sealed, the approval document for issuance is also issued quickly.
The financial audit company and law firm were all introduced by Shi Xitong, and even the IPO consulting company was Shi Xitong's old relationship.
Only then did Fang Yanhong feel that it was a happy thing to have an in-law like Shi Xitong. After the Wufang Group is listed, his personal assets will also skyrocket, and his status in the circle will also be greatly improved.
As soon as they heard that Wufang Group was going to go public this time, they immediately agreed one by one and got in touch with Fang Yanhong. Wufang Group is currently the largest sales agency in China, and all its major channel businesses are profitable. Can their shares still be hard to sell?
The cost of these companies to underwrite the shares is very low. Ordinary companies are between 3 and 5 percent, big companies are between 2 and 3 percent, and of course, there are even better ones like Ali. The one percent underwriting fee is still rushed by top companies because it is sure to make money.
The underwriting fee given to them by the Wufang Group is a very low 2 percent, and they are a very good one among the large companies listed in China. However, the Group did not over-allotment rights to these companies. For the time being, they don't want to issue too many shares, after all, they also have entertainment companies and other companies that have gone public and are about to go public. Even so, these issuing companies are flocking to it.
The profitability of the Wufang Group can be expected, and many investment companies have said that they will buy in large quantities. Not to mention others, Taishi International first plans to buy some, and companies such as Changsheng Investment and Lehaha Holdings are also waiting to buy it.
They are very optimistic about the Wufang Group and think that after the Wufang Group is listed. The stock price will definitely rise sharply in the short term. However, whether they have always held it or not, their attitudes are different.
Hu Changsheng said that as soon as the lock-up period expires, they will gradually sell it and cash out, but his money is drawn from Changsheng Real Estate and other companies, and after a while, the new project of Changsheng Real Estate will start. He had to have the money ready.
Le Haha doesn't matter, and Xu Guohua also discussed with Shi Lei. I want to do some business in partnership with the Wufang Group. Taishi International doesn't matter, the profitability of Wufang Group is not bad, they will not sell and cash out before better investment, and this Wufang Group IPO, they can buy as much as they want.
If it had been before. Fang Yanhong will also suspect that Taishi International is for Shi Lei, and wants to encroach on the shares of Wufang Group and then take control. But now, he wouldn't think so. Not to mention that Shi Lei married Fang Xuan, and Fang Xuan was also pregnant with a child. Let's just say that Shi Lei's feelings for the Wufang Group, and he is not unacceptable to hand over the Wufang Group to Shi Lei.
The number of shares issued by the Wufang Group is not too much, accounting for only 25% of the total share capital, and these can cash out more than 4 billion RMB for the Wufang Group, which greatly enriches the pockets of Shi Lei and his original major shareholders.
After the listing, it is conservatively estimated that the market value of Wufang Group can rise to 20 billion RMB, Shi Lei's personal assets can also be doubled in an instant, plus his other investments, Shi Lei's net worth will exceed one billion US dollars, or even higher. Of course, Fang Xuan's net worth will also double, reaching about $300 million.
Among them, Taishi International is the happiest, the reason why Shi Xitong acquired the shares of Wufang Group was an investment on the surface, but in fact it was to support Shi Lei. Unexpectedly, the development of Wufang Group in the past two years has been smooth, and Taishi International's original investment can be recovered after this issuance, and then it is ready to be used to buy shares of Wufang Group.
And Shi Xitong's investment, in Taishi International, has been praised by many people, thinking that he has a unique vision, far-sightedness, less than three years, more than double the profit, let him take the helm of the future Taishi International, it will definitely not be wrong!
Shi Xixuan sighed after learning the news of the listing of Wufang Group. He thinks that his ability is no worse than Shi Xitong, and it should even be said that he is stronger than Shi Xitong, in terms of connections, the two are not equal, but in terms of luck, he is far worse than Shi Xitong.
Let's just say that the investment of Wufang Group was obviously a blind decision made by Shi Xitong in order to support the illegitimate child, but I didn't expect Wufang Group to develop so well and go public so soon, but many people think that Shi Xitong has a long-term vision.
You said that he picked up an illegitimate child, and he was so capable. Not only did it not cause him trouble, but it also helped him a lot. Shi Xixuan even believes that Shi Xitong's ability to become the heir of Taishi International also has a lot to do with Shi Lei.
In fact, his son Shi Guangshan is not bad, but compared with Shi Lei, he made a judgment. But fortunately, the old man also likes his eldest son very much, and in the will that has just been established, except for the shares of Taishi International, other assets are owned by Shi Xixuan, and this part of the assets is worth more than two billion US dollars.
Shi Xixuan also got a little comfort in his heart, with these two billion US dollars, he relied on the channels of Taishi International to invest by himself, and he could also turn his assets into more than four billion US dollars after Shi Guangshan matured. With this money, even if Shi Guangshan is fun and not so motivated, he can be carefree for the rest of his life.
After the IPO, the proportion of shares held by each of Shi Lei's shareholders in Wufang Group has declined correspondingly. But it doesn't matter, the company is still in their hands. Fang Yanhong became the real chairman, and Shi Lei, the general manager, also became the CEO, and the company also poached a financial director with a high salary, and the financial statements of listed companies are very important, and a small problem can make the stock price fluctuate sharply.
On the first day of the IPO, the stock sales of Wufang Group were bought in large quantities by several large companies such as Taishi International, Changsheng Investment, and Lehaha Holdings, and immediately made headlines in many domestic media economic pages.
This stunned many investors, the general domestic issuance of stocks, are some small companies, so hot, either entertainment companies, or technology companies, although the Wufang Group has entertainment companies, but this time it is not included, how can the issuance be so hot, the director zhì is hard to find?
The popularity of Wufang Group has expanded rapidly, and even with the various businesses of Wufang Group, it has developed more rapidly. Listed companies have a higher degree of credibility and those customers are more trusting.
The cohesion of the employees of Wufang Group is also stronger. They have all subscribed to some shares internally, and after the listing, the stock price will skyrocket predictably.
In fact, even if it doesn't skyrocket, they don't lose money, and the internal subscription price is lower than the public offering price. The executives of the Wufang Group are all happy at this time.
Especially Fang Yang, he was not a shareholder of the company before, and he could enjoy some dry stock dividends at most. And after this internal subscription, his personal assets can be at least doubled, plus the equity rewarded by the company, he may become a billionaire!
But there are also some people who are not very happy, such as Li Guangjie, who was originally a shareholder of the Wufang Group.
They were all thinking that if they still held so many shares of Wufang Group at this time, their assets would at least double or even multiply after listing.
And now, they have only subscribed internally, which is less than one-tenth of what they held at the beginning.
Of course, if they hadn't sold their shares at the beginning, maybe the Wufang Group would not have developed into what it is now. Although they were all tossed away by Taishi International, Shi Lei, etc., they did not make less money at that time, and although they did not earn as much as the listed market, they were still acceptable.
Zhang Ruiqiang, who originally planned to resign, also continued to stay in Wufang Group, because he heard that if Wufang Group develops well within three years, it may issue additional shares for the second time, and internal incentives will be given to these executives.
Zhang Ruiqiang's technology company has not yet been listed. It's not because their products are not good, it's not that the company is not profitable, but the company's finances have been in trouble, and if you want to go public, wait another two years.
On the day of issuance, all the shares of Wufang Group were sold out, and those who won the lottery were overjoyed, and those who did not win the lottery were depressed.
And the Wufang Group did not disappoint them, as soon as the market opened, it went all the way up, and the limit of the day was raised.
Next, all shareholders were overjoyed, and the shares of Wufang Group were all up and down for a week, although they did not set a record, but they also let them buy shares of Wufang Group shares and celebrate.
"The listing of our Wufang Group this time can be described as very successful, but we can't relax yet, and after a while, maybe those shareholders will collectively sell, which will affect our stock price. Of course, with the presence of those of us, it is definitely not a problem. Fang Yanhong said in high spirits.
"Chairman, don't worry, our Wufang Group will definitely get better and better. Now we are the first in the domestic industry, and the next goal is to be the first in Asia, and then the first in the world. Fang Yang said drunkenly.
"Okay, cheers to our dreams!" (To be continued......)
PS: Thank you Rui Zai's dad? 100 rewards, thank you for the dusk ~ pick up the memory of the reward, thank you for the evaluation vote of Sansheng Yuan, thank you for the monthly pass of Honglong, thank you for your support