Rebirth 1999: Opening the Age of Black Technology Chapter 568

Chapter 568 Unicorn wants to IPO

At present, there are two important problems faced by Changtian Technology, one is the problem of talents, and the other is the problem of money.

For the first problem, Changtian Technology already has a corresponding solution.

In addition to setting up colleges and universities in Jiangzhou Science and Technology New Area and Changzezhou, Suzhou and Hangzhou, and cultivating talents by themselves, the most important thing is to recruit talents on a global scale.

At present, Changtian Technology has released the wind and is preparing to build a 65nm lithography machine and related equipment.

Such a call is quite powerful.

Especially those who are unknown in the Omi laboratory and cannot get important Xia Guo international students, or are similar to the researchers from Eastern Europe or Russia who are discriminated against by Omi, they are completely able to work at Changtian Technology with peace of mind.

In addition to the salary offered by Changtian Technology is much higher than that of some laboratories in the United States, the most important thing is that everyone who works in Changtian Technology will feel a sense of accomplishment in the field of scientific research.

Of course, Chen Xiao will formulate a strict identity review system and work confidentiality system to prevent technology leaks...

It takes a cycle to cultivate talents by yourself. Even if you start recruiting students now, it will take at least two or three years for the talents to mature.

Therefore, the best way to solve the problem of talents at present is to openly recruit them to the society.

The second question is also a question of money.

As for the money problem, Chen Xiao thought of two solutions.

The first is to make arrangements as soon as possible to allow Yuedong Internet to go public and raise funds.

Yuedong Internet has been preparing for listing since the beginning of last year, and the final listing work should be completed recently.

To complete the layout of the entire chip production chain, especially the research and development and production of lithography machines, requires at least 2 billion RMB.

2 billion RMB, it is absolutely unrealistic to rely on Changtian Technology to take out all the existing cash, or to rely on state subsidies.

Changtian Technology's cash is the foundation of the company's risk prevention and control, not only to ensure the company's daily operations, but also to prepare for the worst after the failure of the industrial chain.

And the state subsidizes several hundred million of funds can be obtained, you have to let the state subsidize two or three billion in one go, which is absolutely impossible for any company.

Then let Yuedong Internet go public and raise funds in the market is the best way.

Which requires some setup some financial tricks.

This kind of financial trick, on the one hand, is to ensure the proportion of Changtian Technology's shares in the high-tech field, and on the other hand, it is to allow market funds to smoothly enter the reservoir of Changtian Technology's research and development chips.

For example, when it is listed, it will expand the business scope of Yuedong Internet to expand to chip equipment and product production.

Of course, this is not to let Yuedong Internet invest in Changtian Technology's chip department in the name of a subsidiary to acquire Changtian Technology's shares, but to invest in Changtian Technology's chip equipment research and development and chip production by borrowing money. Give Yuedong Internet interest with annualized profit.

In this way, Yuedong Internet can't get a little share in the key chip field.

The most important reason why Chen Xiao carefully designed the listing conditions and business scope of the Internet is that the number of shareholders of Yuedong Internet is relatively messy.

Although Yuedong Internet is a subsidiary of Changtian Technology, Changtian Technology also holds more than 50% of the shares, but Yuedong Internet also has overseas investors (IDG, etc.).

Regarding the equity of core technology, Chen Xiao does not want to share it with any foreign investors.

This method is the safest and the fastest way to get funds.

The second way is to promote the combined colony therapy worldwide as soon as possible, and obtain a large amount of cash in the form of commercial treatment.

When are you willing to spend money?

For most people, you may be reluctant to buy clothes, buy food, and even suppress your desires when you are entertaining.

But when you come across a situation, you have to spend money, and you are willing to spend it.

That's when you're seriously ill and need treatment.

Because at this time you have to pay, and if you don't pay, you will face death.

A person's life is only once, and only once, it is impossible to come back.

And there is no more money to make.

So under normal circumstances, most of your life savings will be contributed to the hospital.

This law applies to any country in the world.

Of course, those who give up their lives for the sake of their families and children and are unwilling to spend money on treatment are no longer within the scope of consideration.

The medical industry is lucrative in fields all over the world.

It's just because Xia State has a relatively good basic medical guarantee, so as long as you are not seriously ill or terminally ill, you will not feel the pain of medical treatment.

But in most western countries, even in Europe or the United States, the medical insurance is relatively developed.

Important healing methods related to life and death are also specially opened for the rich.

To describe it in very simple words, if you have money you can live, if you have no money you have to die.

According to the Changtian Science and Technology Medical Center, the population base of lung diseases in the world is very large, and most of them are fatal.

Chen Xiao is going to promote the combined access therapy to the world. As long as you have money, you can come to treat the disease, and Changtian Technology promises to cure you.

In the medical field, it's definitely a monopoly.

And there is no monopoly that any law can sanction abroad.

Fortunately, preparations are being made in China to allow combined colony therapy to be covered by medical insurance, in order to reduce the burden on patients in Xia.

Even if it takes a long time for the treatment to enter the medical insurance, Changtian Technology will also use the means of medical subsidies or medical funds. Reduce the costs borne by Xiaguo patients.

Nothing in this world is fair or equal.

Changtian Technology is to help domestic patients, while charging high treatment fees for foreign patients.

Chen Xiao never thought of himself as a **** or a savior.

For foreign patients, if you have a serious disease in your lungs and want to survive, you have to spend money, and if you don't have money, you will be embarrassed.

After formulating relevant policies, Chen Xiao can immediately hold a high-level meeting to plan the next step of the company's work.

The senior management of Changtian Technology knows that the company is currently in a race against time. If Changtian Technology takes the lead in mass production and popularization of 65-nanometer chips, it will definitely establish the position of Changtian Technology as a global technology leader, and will greatly expand the company's long-term development. Tian Technology's strategic space.

The top executives of the company took action.

Zhou Linghua supervised the completion of science and technology parks and the construction of schools and hospitals in Suzhou and Hangzhou and Jiangzhou respectively.

Wang Xiang ran in Jiangzhou and Shenzhen to prepare for the final listing of Yuedong Internet.

Chen Xiao clearly felt that Changtian Technology was really short of manpower.

Therefore, when Wang Xiang was preparing for the listing of Yuedong Internet, Chen Xiao not only asked a third-party firm to help, but also let Wen Qi participate.

Although Wen Qi is a graduate student at Jiangzhou University, her knowledge base and practical ability have improved a lot compared to when she just graduated from university.

Wenqi also actively participated in the annual financial audit of Changtian Technology in 2004, so she has a clear understanding of the company's overall profile, especially its financial status.

This time, Chen Xiao asked Wen Qi to follow Wang Xiang to prepare for the listing of Yuedong Internet. In addition to asking Wen Qi to help, the most important thing is to cultivate reserve talents for Changtian Technology.

Sister Wang has already resigned from Chen Xiao, and she will go home to take care of her grandson after finishing her work in 2005.

Over the years, Chen Xiao is still very grateful to Sister Wang for her efforts.

Sister Wang has paid so much for the company, and she has also received her due return. In addition to being financially well off, the most important thing is that she has been greatly satisfied spiritually.

The 65-year-old sister Wang asked to retire and go home, which Chen Xiao can understand.

Although there are many financial talents, there are not many people who reassure Chen Xiao.

Shen Wei is far away in Yanjing, so far she can't help much, and only Wen Qi can use it.

Wenqi's work is indeed very serious. She immediately cooperated with the firm to sort out the financial situation of Yuedong Internet, a subsidiary of Changtian Technology, in recent years, and reported the information to Chen Xiao.

Chen Xiao looked at the report materials that Wen Qi handed over, while Wen Qi was reporting on the work.

Wenqi has already understood all the economic conditions and business scope of Yuedong Internet very clearly, so there is no need to read the materials.

"Yuedong Internet currently operates chat, 11181 website, Internet cafe manager, portable blog and other businesses, and has developed a number of games such as Glorious Mission and Spirit Island."

“Before the IPO, Changtian Technology owned 72.5% of the shares (20% of which was the option pool), Baidu owned 12.75% of the shares, and IDG owned 14.75%. Among the used option pools, the company has the highest Guan Wangxiang holds 5%, Zhou Linghua 3.5%, Sun Dong 2%, Gao Miao 1%, and the remaining 1% are held by outstanding employees of the company."

"At present, the general manager of the company is Sun Dong, with an annual salary of 700,000 RMB, and other executives have an annual salary of 500,000. The company's average annual salary is 150,000."

"Among all Internet companies preparing for an IPO, our executives are at a low level, but the average salary per capita is at a high level."

Chen Xiao nodded, Wen Qi's report was fine.

In 2005, the average annual company per capita in Jiangzhou was only about 17,000. Changtian Technology's Yuedong Internet can offer the company's employees an annual salary of 150,000, which is already a terrible level.

It is also true that the annual salary of executives is low.

After all, Changtian Technology is different from other companies. Executives of other companies' IPO listing are the ultimate goal, so executives will definitely try their best to get high salaries, and quickly sell and cash out after the shares are listed.

The IPO of Changtian Technology is just a starting point, the purpose is to really raise funds in the society and use the cash for scientific research.

The annual salary of the executives is low, and Chen Xiao also feels that there is no need to change this matter deliberately, because the real profit of the executives of Yuedong Internet does not come from the annual salary but from the annual dividend.

Wenqi continued to report: "In 2001, the profit of Yuedong Internet was 320 million RMB, in 2002 it was 570 million RMB, in 2003 it was 650 million RMB, and in 2004 it was 830 million RMB, an increase of 178.12%, 114%, 127.69%... The business situation complies with all the provisions of the IPO.”

"Our IPO was actually proposed last year, and it has been approved by the Shenzhen Stock Exchange. The final approved listing price is 5.34 yuan, the total share capital is 2 billion shares, the total market value is 10.68 billion, and the price-earnings ratio is 12.68 (please help me to see me Is the price-earnings ratio wrong? [The formula is the market price per share of common stock ÷ annual earnings per share of common stock])”

This price-earnings ratio is not high for a network technology company.

Seeing Wen Qi read this number, she swallowed.

Changtian Technology has performed very well, because even a small subsidiary of Changtian Technology has performed so well.

The annual net profit reached more than 800 million yuan, and the total market value of 10.6 billion was not much at all.

"Because this time our additional outstanding shares are 10%, there will be some dilution of the equity."

"Among them, there are 200 million shares in circulation and a market value of 1.068 billion RMB, which means we can raise 1.068 billion yuan."

Chen Xiao nodded, preparing for the listing plan for a year, and now it is finally close to the door.

Chen Xiao said: "No problem, prepare to go public."

In fact, Chen Xiao still has some regrets at this time. He himself hopes to be a full-flow stock.

That is to make all 2 billion shares listed and circulated.

In this way, Chen Xiao can obtain more funds by reducing his holdings.

However, Changtian Technology, as the most powerful technology company in Xiaguo, will not be listed on the market itself.

Therefore, as a subsidiary of Changtian Technology, Yuedong Internet, this listing will definitely be favored by the market.

That is to say, in the eyes of many investors, buying Yuedong Internet is not only buying the stock of Yuedong Internet, but also buying the future development of Changtian Technology.

How awesome is Changtian Technology?

Owning a global monopoly on technology products ~www.mtlnovel.com~ Buying stocks of such a company is basically making a fortune with your eyes closed.

That's the beauty of unicorn companies.

Therefore, only 10% of the outstanding shares are conducive to the company's continued development. In the future, when Changtian Technology needs to refinance, it can raise its shares again. At that time, the stock price is not more than five yuan.

But so far it's good.

Changtian Technology will be able to secure the remaining 1 billion yuan through bank financing, issuance of convertible bonds, etc., plus government subsidies for technology.

That is to say, the money for R&D and production of lithography machines and chips is enough.

Chen Xiao joked: "Baidu and IDG, which hold more than 10% of the shares, are going to make a fortune now."

In fact, Baidu and IDG should also make a fortune. After all, when Chen Xiao needed funds the most, these two companies gave support.

Chen Xiao made a simple estimate.

Penguin just went public last year, with a total market value of 7.2 billion Hong Kong dollars.

This year, Yuedong Internet Supermarket, a subsidiary of Changtian Technology, has a total market value of 10.6 billion RMB.

In fact, the market value difference between the two sides is not large.

But Chen Xiao was in a trance.

Because before the other rebirth, BAT was the three Internet giants that Xia Guoguo technology companies could not surpass.

I didn't expect that in 2005 after his rebirth, his subsidiary company actually surpassed Penguin. What a magical era.

After Wenqi handed over the documents to Chen Xiao for signature, she immediately took them to prepare for the follow-up listing.

It has been a full year since the IPO application at the beginning of last year, and all the procedures on the Shenzhen Stock Exchange have finally been completed.

On September 5, 2005, Yuedong Internet was listed.

Chapter end

Report