Chapter 257 Series B financing, post-investment valuation of 4.8 billion yuan

At the beginning of September, the residual heat of summer has not completely subsided, but the pace of autumn has already crept in.

It is the beginning of the freshman season, and the campus of Jiao Tong University is already bustling, and groups of freshmen are dragging their luggage with excitement on their faces, and they are full of longing, their eyes flashing with anticipation for the future.

Hualian Supermarket in Ximen is the most lively time when it comes to the beginning of the school season.

In front of the supermarket, a stall was set up to sell packages of freshmen's daily necessities, such as three-piece toiletries, five-piece sets, ten-piece sets, etc., which were slightly cheaper than single purchases and were very popular with students.

The freshmen were very curious about this student supermarket, and they were shocked to hear that this was a start-up supermarket for the third class of senior mechanical students, which had been successfully financed and everyone had become multimillionaires.

Tens of millions of yuan, and it is very difficult for most students to come up with a few hundred yuan at home.

Not far away, there are several middle-aged people who observe the flow of people and sales in the supermarket, and they are investors of Huifeng Bank.

"The supermarket is not big, but there are no competitors, and it has signed exclusive competition, as long as the number of stores is more, the profit is also very good, and it is suitable for advertising, each college is facing nearly 10,000 students, and after graduation, it is the most potential consumer." An analyst told a colleague.

One colleague was slightly worried: "With limited spending power and a limited number of universities, the potential for supermarkets is very limited unless new profitable projects are found." ”

"At least at present, the development is rapid, and the profit is good, don't underestimate Fang Bai, maybe people will come up with new projects when the time comes, and we invest in projects, isn't it just to look at people."

After these people inspected the supermarket of Jiaotong University, they went to other colleges and universities to inspect Hualian supermarket, and they were all so popular.

A few days later,

Fang Bai formally negotiated the B round of financing of Hualian Supermarket Company with the institution.

After the A round of financing, the post-investment valuation was 2.5 billion yuan, and there were about 100 stores at that time, and there are about 180 stores at present.

Of course, valuations aren't simply measured by the number of stores.

In this financing, Anthony Santos, head of the capital management department of Citigroup, did not come to Huaguo again, but directly communicated with Fang Bai on the phone, and then sent someone to Huaguo to sign a financing agreement with Fang Bai.

In addition to Citi, Huifeng Bank is also involved in the financing.

Huifeng Bank was invited by Fang Bai in the name of Xinghai Investment Company, which is already well-known in international financial investment institutions, and Huifeng Bank also has the idea of investing in Hualian Supermarket Company, and also wants to underwrite the listing roadshow.

The two sides hit it off, and Huifeng Bank sent a team to Shencheng to investigate, and after the inspection, it negotiated with Fang Bai.

The two institutions raised US$28 million each, each acquiring a 5% stake in Hualian Supermarket, which was valued at 4.8 billion yuan after investment.

Hualian Supermarket Company got $5,600 in financing, equivalent to 480 million yuan, and suddenly became rich.

It will take some time to digest this huge financing, so the timing of the company's listing may be delayed until next year, and the specific timing will need to be decided according to the market situation.

After the financing was successful, Fang Bai told the news to the classmates.

The students of the third class of mechanical machinery were extremely excited when they learned the news, and their value rose again.

Even if the shares are diluted to 0.54%, everyone is worth more than $25 million.

In just a few months, the value has risen a lot, and the efforts of these months have not been in vain.

Next, they will continue to work hard to increase their valuation before going public, and if the listing is successful, they will become real multimillionaires, and it will be tens of millions of yuan.

On September 10, Hualian Supermarket held a grand media conference in the auditorium of the local Jiaotong University in Shencheng to announce the success of the B round of financing.

Media reporters were slightly surprised that the valuation of Hualian Supermarket was worth billions of yuan.

The next day, well-known paper media such as Shencheng Financial News, Shencheng Daily, and Shencheng Evening News reported on the B round of financing of Hualian Supermarket.

At the same time, it was widely reported by the local media in Port City.

These are all Hualian supermarket companies spend money on publicity and prepare for the listing.

In Hong Kong City, some citizens began to pay attention to Hualian Supermarket Company, and the people were very curious about why Huifeng Bank and Citigroup were willing to spend a lot of money to finance this little-known company, and they actually gave a valuation of billions of yuan!

After seeing the report, Li Jiacheng, a wealthy man in Hong Kong City, sighed a little: "This young man is really well-connected, and he was able to pull the financing of Huifeng Bank, no wonder he can't look down on his investment." ”

If the subscription price is not bad at the time of the IPO, Li Jiacheng plans to subscribe for some.

But if the subscription price is too high, then there is no need to invest.

If you lose money in investment, he will definitely not do it.

Hualian Supermarket Company will be listed in Hong Kong City, and the wealthy people from all walks of life in Hong Kong City are also concerned about it, and their ideas are also like Li Jiacheng.

In response to the B round of financing of Hualian Supermarket Company, the reports on this related topic on the campuses of colleges and universities in Shanghai City have been unprecedentedly hot, and they have expressed their opinions, mostly envy Fang Bai's 59 classmates.

In particular, the students of the same class of the Institute of Mechanical and Electrical Engineering of Jiaotong University were hit the hardest.

Students in the same department, just because they were not assigned to Fang Bai's class, a person's fate was completely different.

The fate of man is greater than his choice.

The students who graduated this year are still relatively lucky, and the students who graduated after two years are very distressed.

In 1993, the relevant departments of the state formally proposed to reform the employment system of graduates of colleges and universities who are all contracted and divided into cadres and "cadres are contracted", and implement an employment system in which a small number of graduates are arranged by the state for employment and most of them are "self-employed", that is, the dual-track system.

It is precisely because of the dual-track system that Xinghai Group has been able to enter various colleges and universities for school recruitment.

Now it is September 1994, and colleges and universities have heard rumors that the official implementation of non-package distribution began in 1996, and after 1998, it began to be implemented on a large scale, and in 2000, the package distribution system was completely stopped.

This is not groundless, but a deliberate move by the relevant state departments to allow students in various universities to gradually adapt to this policy, so as to avoid causing social unrest. In fact, in 1985, the relevant state departments had already indicated that they would reform the enrollment system for college students and the distribution system for graduates.

Sure enough, in 1987, for the first time, there was a "cold wave" in which college graduates were returned after being allocated, and the irrationality of the distribution system became prominent.

If it is said that the girl who was hit the hardest may be the girl who refused to be pursued by the boys of the third class of machinery, such as Wu Qin, who Cui Xiaoqiang pursued at the beginning.

Wu Qin saw that the better Hualian Supermarket developed, the more she regretted it.

Recently, she looked for Cui Xiaoqiang, but she was refused to communicate, which hurt her very much.

Wu Qin felt that she was a kinder girl, although she rejected Cui Xiaoqiang at the beginning, she did not say anything to death.

In fact, she still strongly encouraged Cui Xiaoqiang to persevere, after all, she gave him hope and warmth.

But what about him?

He abandoned her when he was developed, didn't he think he was too much?

He used to talk to him often, and he helped her get hot water at night, and he was very happy as long as he replied casually, but now he took the initiative to talk to him, and he was not happy.

Now, she gave him more hope, but she didn't chase it.

Compared with Wu Qin, who regrets it extremely much, Cui Xiaoqiang's current girlfriend Qi Ran feels very happy, fortunately she is shrewd, otherwise, she may not be able to turn now.

(End of chapter)