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On the finish of October, Abroad Hummer Firm set its IPO value at US$45 per depositary share, with a financing quantity of US$45 billion. It surpassed Visa and have become the most important IPO within the stunning nation, attracting trade consideration.
…
October 31.
Hong Kong Metropolis, Deep Water Bay.
No. 79, midway up the mountain, Li’s home.
Li Ju got here to the tea room and mentioned together with his father: “Outdated Dou, this abroad Hummer firm is listed, I need to make investments 100 to 200 million {dollars} to check the waters.”
“The inventory that Hong Kong Metropolis Monetary Information has been speculating on lately is that of the younger man from mainland China?” Li Jiacheng is getting outdated and staying at residence lately, however he nonetheless noticed numerous information about Hummer’s NASDAQ itemizing from media stories.
“Sure, this inventory could be very sizzling, and the subscription quantity has reached three or 4 occasions.”
“Did not they arrive to Hong Kong Metropolis for a street present a while in the past? You did not subscribe?”
“I appeared down on our funding firm and solely gave tens of tens of millions of {dollars} in subscription. Later, the IPO value was adjusted to 45 {dollars}, and we gave up once more.”
“You are continuously hesitating and making choices. It is not good to do one thing like this.” Li Jiacheng criticized him, then sighed, “It is okay to surrender, $45 is simply too excessive, an organization that sells battery vehicles must be break up up Sure, the IPO valuation is greater than 200 billion US {dollars}, which is a bit exaggerated.”
In reality, Li Jiacheng had some complaints about Mu Yang. The richest man within the Chinese language household was snatched away by the opposite celebration. Furthermore, when financing, he did not even invite his household’s funding establishment. To place it bluntly, he did not prefer it.
He stated he did not care, however he nonetheless cared a little bit bit, primarily as a result of he misplaced the halo of the richest man, which affected his household’s enterprise, and his recognition was not so good as earlier than.
He acknowledged the Hummer Firm and admired Mu Yang, however he did not need the opposite celebration to face on his head.
Within the remaining evaluation, I used to be nonetheless nervous about the truth that I invited the opposite celebration to be a visitor earlier than, and the opposite celebration did not give me face.
Furthermore, the consulting firm wished to put money into Xinghai New Vitality Firm, however the cooperation between the 2 events failed. The opposite funding firm stated that Changshi is engaged in the true property trade and can provide them little or no assist. They want strategic companions, not pure funding, and they don’t seem to be wanting cash. .
Coupled with the truth that the Hummer Firm didn’t take a flowery to the Li household’s funding establishment this time when it raised funds, Li Jiacheng even suspected that Mu Yang had an opinion on him.
There’s nothing Li Jiacheng does not like about this younger man in personal. By way of wealth, the opposite celebration is ten occasions his personal, so he has to confess that he’s now not on the identical stage.
“When it goes public, we could vote or not?”
“If the scenario is nice, you may attempt to make investments tens of tens of millions of {dollars}. The quantity doesn’t must be giant.” Li Jiacheng put apart his personal opinions on Mu Yang, if there may be cash to make, after all he desires to earn a living.
“Okay, let’s have a look at the scenario.”
Time handed in a short time, and shortly it was 10:30 am on November 1, North American time. At the present time is the opening time of NASDAQ winter, that’s, BJ time is 22:30 pm.
Lovely nation NASDAQ winter time begins from November 1st, and the opening time is postponed from 9:30 to 10:30 in summer season.
The itemizing time of the abroad Hummer firm can also be scheduled for the opening of the market. It may be stated that funding establishments everywhere in the nation and even world funding establishments are listening to the pattern of this inventory.
Li Ju got here to the funding firm and personally watched the pattern of M shares.
“Not hanging up in the meanwhile, we’ll see the scenario.”
Hummer simply opened, that’s, from the difficulty value of 45 US {dollars} per ADS, it soared to 55 US {dollars} in lower than 5 minutes.
This case additionally shocked Li Ju.
Nonetheless, even when the order is pending, it could not have the ability to shut the deal.
At the start of the sell-off, some establishments that acquired financing shares have been testing the waters in a small quantity to see the market scenario.
Up!
“55.5, somebody hangs 1000 arms, and it’s second!”
“so quick!”
Abroad Hummer firm inventory, one lot is the same as 100 shares, and 1,000 tons is 5.55 million {dollars}.
“Mr. Li, when we could begin?”
“Wait a minute, I really feel a little bit floating.” Li Ju shook his head.
However he watched the inventory value shortly rise from 55.50 to 56,57, and after ten minutes, it had already soared to 65.
After one other ten minutes, it rushed to the excessive place of 70 {dollars}. Presently, Li Ju could not assist it.
“Begin grabbing, so long as it does not exceed 68, you may seize it.”
“Okay, Mr. Li!”
…
Not solely the funding firm of the Li household, but additionally many funding establishments in Hong Kong Metropolis have participated within the itemizing funding of abroad Hummer firms.
Abroad Hummer firm is simply too large, and the turnover charge is especially excessive immediately.
NASDAQ closes at 17:00 p.m., stunning nation time.
It closed at US$65.50/ADS, up 45.55%.
Tomorrow Saturday, Nasdaq can be closed.
Li Ju was very depressed. He had been busy all night time, however he nonetheless misplaced cash.
They robbed at a excessive place, with a complete of 10,000 tons within the account, and the common shopping for value was 66.8 US {dollars}, with a lack of 130 US {dollars} per lot, plus the dealing with charge, the e-book misplaced a million and a whole lot of hundreds of {dollars}.
“Fuck! Han’s shovel!” Li Ju could not assist cursing, he would have snatched it if he knew it will open.
On the identical time, I’m very envious of these colleagues who subscribed, and secretly scolded myself for not subscribing, regretting to dying.
“Mr. Li, this inventory fluctuates an excessive amount of.”
“It is too evil. If the scenario shouldn’t be good, let’s make a transfer subsequent week.” Li Ju thought for some time, feeling that he could not determine the inventory of the Hummer firm.
Little did he know, this order made him remorse it once more just a few years later.
…
Mu Yang, who stayed at residence, didn’t relaxation that night time, staring on the firm’s itemizing.
Yang Nian and the funding workforce got here to the scene in individual, in addition to John, the senior president of the abroad Hummer firm, Yang Zifei, the vice chairman, and others.
When the abroad Hummer firm was reorganized, Mu Yang had an settlement with John that if the annual gross sales of Hummer vehicles reached 50,000, he may get 1% of Lilan’s dividend;
As well as, there’s a 0.5% Lilan dividend, which can be utilized to encourage the workforce.
If the itemizing goes easily, John can get a 0.4% fairness incentive, administration and firm core personnel can get a complete of 0.5% fairness incentive, and atypical staff can get 0.1% incentive.
This fairness incentive shouldn’t be one thing you may get all of sudden, however after itemizing, you may get 30% first. If the inventory value can proceed to remain above the opening value, you may get one other 30% within the second 12 months of itemizing, and get the remaining within the third 12 months. 40%.
If the inventory value doesn’t attain the opening value on the time of itemizing, it is going to be postponed for one 12 months till the inventory is exhausted.
Though this fairness shouldn’t be simple to get, with this 1% incentive, staff need not spend a penny.
This 1% is deducted from the shareholders. Mu Yang holds 56% of the shares, and he has to take out 0.7%. The opposite shareholders maintain 24% of the shares, giving a complete of 0.3%.
This contract is defined when the shares are transferred, and it’s truly a minimize of 1.25% from one another.
However whether it is efficiently listed, everybody will make a revenue. It’s distressing to chop a little bit heartache, however it’s acceptable.
Mu Yang’s life is comparatively genuine, and he does not overlook these subordinates who’ve made contributions to him when he will get wealthy.
The individuals who can get share incentives this time aren’t solely the administration, but additionally atypical staff. A number of the administration and staff are Chinese language who’ve gone overseas to work, and there are additionally the engineer workforce who’ve returned to China to help within the manufacturing of abroad Hummers.
A 0.1% stake is value greater than 300 million U.S. {dollars}. In line with the three,000 atypical staff of Hummer abroad, it’s evenly distributed to every atypical worker, which can also be 100,000 U.S. {dollars}.
If it’s a core employees, then there are extra, and wealth freedom can nearly be realized.
It may be stated that the itemizing of the abroad Hummer firm has created two billionaires, practically ten multi-millionaires, and a whole lot of millionaires.
Due to this fact, to John and different foreigners, the boss is the greenback invoice and God, which is extra essential than any nationwide honor.
The itemizing of abroad firms has nothing to do with the home Hummer firm. Besides for workers who go overseas, they actually can not get any fairness incentives, however Mu Yang feels that the home Xinghai Group has made a fantastic contribution to the itemizing of abroad Hummer firms. Hummer Firm.
Due to this fact, after some time, he’ll enhance the rewards to staff, which might be considered making up for the contributions of staff.
“Boss, we now have efficiently listed! This morning it was steady above $65.”
Within the early hours of BJ time, Mu Yang stared at it for an hour and a half. He was a little bit sleepy and was about to go to sleep. John known as him to announce the excellent news.
“Nicely, I see. It is already twelve o’clock within the morning on my facet. I will relaxation. Do not name me within the second half.” After Mu Yang completed talking, he hung up the cellphone instantly, ignoring the excited John.
John on the opposite finish of the cellphone noticed that the cellphone was hung up, and frowned at Yang Nian subsequent to him: “Nicely, the boss does not appear to care a lot.”
Yang Nian smiled: “To him, cash is only a bunch of numbers. He’s solely excited when he spends cash or develops outcomes.”
John gave a thumbs up: “Yang, you continue to know BOSS.”
…
BJ time, the subsequent morning, home monetary media reported on the itemizing of abroad Hummer firms.
【Caixin】:
“US$45 Billion, the Highest IPO Financing Quantity within the World”
“Xinghai Group Waihai Hummer Firm efficiently landed on NASDAQ. On November 1st, Abroad Hummer Firm was listed on NASDAQ with the inventory code “”. (Home inventory codes are numbers, and NASDAQ is letters)
M Yin Securities, Huaqi Group, Redbridge Securities and Tiger Securities are the underwriters, and XX Capital is the cornerstone investor taking part within the issuance and subscription.
Hummer inventory soared to a excessive of $72, a rise of greater than 60%. Since then, the volatility has dropped considerably, and at last closed at $65.50/ADS, a rise of 45.55%.
The ultimate challenge value was barely larger than anticipated when it was first submitted to Nasdaq, and the quantity of funds raised within the IPO soared by 25%.
As the most important shareholder of the abroad Hummer Firm, Xinghai Group is definitely held by Mu Yang personally, with a holding ratio of 55%, a complete of two.75 billion shares. The precise wealth of the shares held has elevated by 81.9%, that’s, from 99 billion US {dollars} to 180 billion US {dollars}.
Private wealth has risen from 250 billion U.S. {dollars} to greater than 330 billion U.S. {dollars}, and the true realization of two trillion remains to be the richest man on this planet.
Even when this wealth stays unchanged, within the subsequent ten years, he’ll firmly sit on the throne of the richest man on this planet. “
Numerous monetary media have frantically reported on the itemizing of abroad Hummer firms. Some stories stated that as a result of influence of the itemizing of abroad Hummer firms, rivals within the auto trade have been affected. For instance, Normal Motors fell by 8.2%, and a number of other firms that bought higher new power automobiles , each rose barely.
When Mu Yang arrived on the firm, not lengthy after getting into the workplace, Zhou Chen got here in to congratulate him:
“Chairman, congratulations, Hummer has been efficiently listed.”
“Thanks, it is simply in time so that you can come. I’ve one thing to debate with you.” Mu Yang smiled evenly, after which stated, “Because the institution of the corporate, you’ve gotten include me. Now, Xinghai Group is heading in the right direction, and the enterprise of the corporate , I intend to slowly let go and hand it over to you.”
When Zhou Chen heard this, he was very stunned, not stunned, however nervous: “Ah, chairman, that is too sudden. To be trustworthy, with out you on the helm, I haven’t got confidence. I am below an excessive amount of stress and fear that I will not have the ability to do effectively.”
Seeing his slight expression, Mu Yang was very happy. He stood up and sat down on the couch beside the tea desk.
Zhou Chen sat throughout from him and made tea himself.
Mu Yang had a mild expression, and continued: “Aside from you, there isn’t a one within the firm who’s extra appropriate to take over my place. Mr. Yang usually travels on enterprise, is nice at gross sales, and isn’t acquainted with know-how and manufacturing; Deal with it effectively; Mr. Zhang shouldn’t be appropriate both.
You stated, in case you do not take over, who else can I switch to.
It is not like I am fully retreating, and I am growing in a normal course, and I nonetheless need to undergo the trial.
I now not intervene within the administration of each day operations, gross sales, manufacturing, and subsidiaries. I solely concentrate on cutting-edge know-how analysis and growth, and I do not care concerning the transformation of know-how into mass manufacturing.
I am not speaking about retreating behind the scenes, however simply shifting the main target. The core of Xinghai Group will at all times be know-how.
The size of Xinghai Group is getting larger and larger, and the enterprise is sophisticated. My time is proscribed. My specialty shouldn’t be managing the corporate, however know-how analysis and growth.
I additionally hope you can take into account that know-how is the core competitiveness of an enterprise, not solely in type, however in phrase of mouth. You have to be very clear about how our Xinghai Group got here to be.
Let Wang Hai take over your place, however so far as know-how is anxious, the place is tentatively designated as Senior Vice President;
Two extra senior vice presidents can be added, accountable for manufacturing and high quality respectively. Kuang Yinghua can be accountable for manufacturing and Liu Zhewei for high quality.
When will the three of them be certified for the place of vice chairman and when will they rise.
The vacant positions of those three deputy normal managers must be crammed by appropriate candidates from under, and there’s no have to recruit from others. In our firm’s scenario, the administration is now not appropriate for social recruitment, and the corporate shouldn’t be wanting skills now.
You’re the interim president of the group, when will you sit firmly, and I’ll make you an everyday, is there any drawback? “
After Zhou Chen listened fastidiously, this time, he didn’t shirk: “Okay, no drawback.”
“Nicely, that is the one who does nice issues, and when it is time to tackle heavy duties, do not hesitate;
Standing at this stage, you symbolize the Xinghai Group. Don’t make guarantees evenly, however it’s essential to maintain your guarantees. If you happen to fail to take action, apologize to the workforce and the surface world. You have to sit upright and stand upright. Do you perceive? Mu Yang nodded in appreciation, took a sip of tea, and Zhou Chen continued to pour tea for him.
Yang Hai is simply too clean, Mu Yang dare not let him sit within the place of president, so he’s appropriate for gross sales.
Zhou Chen’s temperament is comparatively steady, and UU Studying is taking the technical route. Within the Xinghai Group’s scenario, there isn’t a have to take dangers and cost, simply go steadily and steadily, and he can be accountable for the breakthrough.
“Understood, chairman.” Zhou Chen nodded solemnly, “I’ll work tougher to stay as much as your expectations.”
“Okay, go get busy, Yang Hai will come again tomorrow and have a gathering collectively.” Mu Yang ordered.
Zhou Chen left the chairman’s workplace and returned to his personal workplace, silent for a very long time.
He wasn’t too excited, anyway, the stress was a lot higher.
The chairman treats him very effectively. He takes one of the best automobile on this planet, Future 01, and earns tens of tens of millions of {dollars} a 12 months. That is one thing he by no means imagined. For the remainder of his life, solely by contributing his finest can he be worthy of the chairman’s kindness.
Sitting within the workplace, Mu Yang felt a little bit sophisticated after explaining to Zhou Chen.
He did not understand how the Xinghai Group would do with out him managing the corporate.
However he additionally is aware of that so long as there’s a studying system, it is going to be high-quality to rebuild one other Xinghai Group.
Studying System is the core!
I at all times thought that it was not that Mu Yang did not know this key level, however that he could not do it individually.
Lack of cash, lack of workforce, and lack of basis within the early stage of growth. He has to handle some each day work, and he can solely handle it himself. If there are any main issues within the firm sooner or later, he can take over calmly.
Xinghai Group has laid the inspiration, and Muyang will develop cutting-edge know-how sooner and sooner sooner or later.
4 or 5 years to put the inspiration shouldn’t be too lengthy.
The studying system has been upgraded to stage 7, which isn’t numerous expertise, and he’s wanting ahead to it.
It’s estimated that it’s going to take a month for Zhou Chen to fully take over his job.
That is additionally excellent, it’s estimated that at the moment, the studying system had simply been upgraded to stage 7, and Mu Yang had extra time to commit to the event of cutting-edge know-how.
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