Chapter 1132 A new beginning
Every time the technology industry goes public, it creates a large number of millionaires, even billionaires. Just like in Silicon Valley, it was unknown yesterday, but as soon as it goes public, it will become an existence that countless people pay attention to.
This is why Silicon Valley has been crazily existing for so many years, starting from old companies such as Microsoft and Apple, to creating the wealth myth, and kicking off the Netscape, until Yahoo created a new madness, from a small company with revenue of only one million US dollars, it exceeded its market value of 400 million US dollars as soon as it went public, allowing Yahoo’s major founders and Wall Street investors to get dozens of times the returns.
This explosive growth of madness, wealth, fame, wealth and wealth, and nearly reach the top of the world is also the reason why countless people are attracted to the Internet industry. As for ideals, it is for external publicity, but if there is no return, how many people will be willing to enter this industry?
This kind of madness has also spread from abroad to China. In recent years, domestic technology listed companies have been constantly creating new myths. However, when it comes to Oriental.com, this phenomenon has been put to the extreme. The entire Oriental.com and those who invest in Oriental.com have received huge returns, which has also made countless people mention Oriental.com and can't help but recall the sensation when it went public.
Daewoo Games definitely cannot achieve the effect of Oriental. On the one hand, Daewoo Games is listed in China, and its valuation will definitely not exceed Oriental. Domestic stock market investors are not as rich as the global Nasdaq.
On the other hand, there are more people in Daewoo Game than Oriental.com, which makes Daewoo Game share the shares of everyone, and may be much less.
But this is only relative. Just like in the management teams in the conference room today, there will be at least ten millionaires, and millionaires will be generated in batches.
As for billionaires, at least three will be born. Just like Shi Xiangming, his personal holdings exceed 10%. When SG Games acquired Daewoo Games, it retained part of the equity to the management at that time.
In recent years, a lot of equity has been rewarded one after another. The management led by Shi Xiangming actually holds a shareholding ratio of about 20%. This time, the wealth will definitely surge.
Chen Chu looked into the conference room. This time, Chen Chu and Chuke Technology gave up a lot of equity, with all-member equity rewards, plus equity that also needs to be raised. In addition, the senior executives of Chuke Technology will also be allocated part of the equity of Daewoo Games this time. This is also the old rule. Just like the previous listing of Oriental.com, other senior executives of Chuke Technology also obtained some equity. It is natural that it is the same.
"This time, the financing ratio of Daewoo Games is about 10%, and it will be raised globally, with the financing amount not less than US$400 million!" Chen Chu said.
The entire conference room couldn't help but quiet, and then another noise came. There were always speculations about how much Daewoo Games raised, but the financing amount of 400 million US dollars was naturally far inferior to that of Oriental.com when it was listed. However, compared with the listing of domestic companies, it was almost a sky-high price, which directly broke the financing record of technology stocks!
You should know that in this day and age, technology stocks are not mainstream in China. No one knows how popular a company with main games across film and television can be by investors. After all, the market value and stock price are all made of real money. No one dares to be sure until the critical moment!
But raising 400 million US dollars means that the valuation of Daewoo Games directly exceeds 4 billion US dollars. Such a valuation is of course not high for Daewoo Games. If you choose to list on the Hong Kong stock market, it is possible that Daewoo Games' valuation will double.
On Nasdaq, based on the current popularity of the game industry, comparing the stock prices of peers such as Shanda, Jiucheng, NetEase, etc., Daewoo Games' valuation may not be lower than Oriental.com, and it is likely to create another unicorn to appear.
But the domestic stock market is not much weaker than that of foreign investors than those on Wall Street. Companies that can raise 1 billion yuan in these days can be said to be quite powerful. Not all companies are of the size of the four major banks, oil, foreign oil, or three major communications operators. They often raise 10 billion US dollars in financing when listed in China.
The financing scale of Daewoo Games is now quite large in this era. When the heads of several securities institutions heard Chen Chu's words, they couldn't help but feel bitter on their faces.
Before coming today, they had thought about the financing scale of Dayu Games. If it was less than 300 million US dollars, although it still sounded huge, several stock underwriters, plus several domestic investment institutions, gritted their teeth and ate them all, and it was obvious that some of them would make a profit.
But the stock underwriting of 400 million US dollars is completely different. The financing scale of nearly 3 billion yuan, and several major stock underwriters and investment institutions are also somewhat unsure. This thing was signed by an agreement. If it cannot be sold, they have to eat it. Although the market conditions of Dayu Games are hot now, no one is sure that there will be no trouble.
"Mr. Chen, isn't this kind of financing scale a bit risk?" The head of a securities institution gritted his teeth and said tentatively to Chen Chu.
When saying this, the heads of securities and investment institutions, which were strong in the past, had a very tactful tone. Faced with ordinary listed companies, these listing guidance and stock underwriting institutions are naturally strong and even put forward many demands.
Without them, it would be difficult for those companies to go public, and even stock issuance may not be sold. These institutions need to support the market so that the performance will not be too ugly on the day of listing.
But Daewoo Games is completely different. For Daewoo Games, listing in China is entirely to be the number one in the game industry, rather than going to Nasdaq to be a younger brother to Shanda, Jiucheng, etc., but if the financing is really not as good as it is, then Daewoo Games doesn't mind changing places to continue listing. Several major exchanges around the world are asking Daewoo Games to be launched.
In addition to Dayu Games, I am facing Chen Chu today, which is also a place where several major investment institutions feel guilty. Unlike others, Chen Chu's influence in the domestic financial industry is far beyond their imagination. He is not only the leaders in Dayu Games, Autohome, SG Games, Renren Technology, Onyx Technology and other industries, but they are still standing there!
Today, let alone the heads of their departments here, even if the chairman of the institution is here, when facing Chen Chu, he will not directly question Chen Chu's decision, let alone mention them.
Chen Chu looked at the person who was talking, with a smile on his face, as if he agreed with what he said, but the words he said made sweat from the faces of several institutions. "I think this scale of financing has been reduced for Dayu Games. If I want to double the scale on Nasdaq, I would like to even double the scale of this, or even a billion dollars, there will be enough investors to pay!"
"If all institutions think that such financing scale is risky and can withdraw now, Daewoo Games and Chuke Technology will never pursue it. We will solve the stock issuance ourselves!"
Chen Chu's words were not heavy, but his light words were like a huge rock, pressing down on several institutions, and he was a little breathless. Chen Chu did not follow the routine and bargained with them, but turned the table directly and could not make a substitution!
If you change a company, you may have to bargain at this time, but for Chuke Technology, there is no need to be such a problem. If it is really necessary, North American trust and investment banks can directly use various means to eat up all the financing stocks of Daewoo Games, and then slowly put them on the market.
Not to mention that large and small investment institutions now have individual investors, who have prepared huge amounts of funds and are ready to wait for Daewoo Games to go public. Even if there are no investors in China to pay for it, Daewoo Games can also find enough investors in Wall Street, Europe, Tokyo and other Southeast Asian regions, and will never worry about financing failure!
"Mr. Chen was joking. I believe that there will be no problem with Daewoo Games' financing," the head of the agency who was speaking just now wore a cold sweat in the meeting room with strong heating. The younger generation felt a little wet. He didn't know what consequences would be if he lost the Daewoo Games order, but his career has been stagnant for at least ten years. "We will definitely complete Daewoo Games' financing and underwriting!"
Several other investment institutions also quickly spoke, "I have completely covered the financing matter in one go. If I really lost this order, it would not be a Daewoo game, but it is likely that it is the entire Chuke Technology. Think about how many high-quality assets there are under Chuke Technology, and I may not cooperate with them in the future. This is not a problem of loss, but it is likely that a gold medal has been lost.
Chen Chu nodded, regained his previous expression, stood up, and said to everyone in the conference room, "I believe that Daewoo Game will definitely be as good as you wish after it is launched, but I hope this will not be the end of Daewoo Game. In the future, I hope Daewoo Game can also develop games like the Legend of Sword and Fairy, Qin Shimingyue, and can also see games produced by Daewoo Games on TV, and live-action movies produced by Daewoo Games in the cinema. I hope next year will be a new beginning for Daewoo Games!"
After saying this, Chen Chu had a drink with many management teams of Dayu Games and left the conference room. Chen Chu was not only talking to Dayu Games' management team, but also to Shi Xiangming.
After Daewoo Games is listed, there will definitely be changes. This is not surprising, but it is unknown what it will become. For example, after Oriental.com went public, Accountant Cao became more and more courageous and directly bet on the online sports business. Now Oriental Sports is developing rapidly.
Like Sohu, Boss Zhang, it is not possible to know, but Sohu's comparison is too strong, so everyone remembers that Boss Zhang, whose market value is not as valuable as the headquarters building, has countless others who have fallen after they go public. Chen Chu does not want Daewoo Games to become one of them.
If that is true, then Chen Chu might as well stop the increasingly fierce listing wave of its own. Listing in the past is a matter of proving the strength of a company and the ability of the founder. Countless people have made a long-term idea. In later generations, this concept has begun to change, and even a 180-degree change. Many giant companies have refused to go public because they do not want to go public and are restrained by investors who only recognize their performance.
Chapter completed!