Looking at the cheers and the smiling crowd under the spotlight, Fang Nian also had a smile on his face.

Not long after, Fang Nian couldn't help but mutter in a low voice: "The listing is really a wonderful thing."

The highest valuation of Dangkang’s previous financings before its listing actually ended at RMB 150 billion at the beginning of the year.

Since the Pre-IPO, the value of the entire Dangkang game has begun a wonderful journey.

Reached its peak today.

The opening price was 29.8 Hong Kong dollars, oh... no, it is now 30.1 Hong Kong dollars.

The market value is HKD 451.5 billion, approximately RMB 365 billion.

An increase of 141.7% from the highest financing valuation of 150 billion!

In order to push Dangkang to a valuation of 150 billion, Fang has taken risks many times over the years, including gambling, massive cooperation around the world, mergers and acquisitions, and public opinion wars. In the end, relying on ultra-high revenue and net profit

Profits were enough to earn a valuation of more than 100 billion.

Now that a company is listed, its valuation can be converted into market capitalization in the blink of an eye, and it has increased by more than 2.4 times on the original basis. You must know that the unit is worth hundreds of billions!

If Fang Nian's understanding of capital and finance hadn't deepened with the operation of capital, he would have wanted to say: I am stupid.

It’s no wonder that so many companies eventually want to go public after starting to raise capital.

It’s like shouting about SF Express and Nongfu Spring that are not listed on the market. In the end, it is inevitable to say "really sweet"...

Looking at the graceful Guan Qiuhe under the spotlight, Fang Nian suddenly muttered in his heart: "I'm afraid no one will believe that I'm thinking about when to let Dangkang complete the privatization..."

For Fang Nian, this capital game is far from over.

"..."

As the stock price continued to rise based on the opening price, the news spread throughout Hong Kong, the country, and the world in a sweeping manner.

Countless reports appeared with eye-catching headlines.

"Dangkang Games opened 65.5% higher on its first day of listing, surpassing Goose Factory in market value and ranking first among Chinese gaming companies!"

"Market value 450 billion! Dangkang's miracle!"

"When Kang goes public, here are the things you don't know!"

"The richest man changes hands! Changes hands again!"

"..."

At the end of 2012, the first year of 4G was launched in many places around the world, entering the era of high-speed mobile Internet, and the spread of information was extremely rapid.

The explosion of information has also begun in earnest.

The hustle and bustle happening in Hong Kong has naturally occupied all the attention of domestic netizens.

As Weibo was jointly 'encircled and suppressed', Toutiao emerged and grew stronger, and users became known as 'information integration experts'.

Naturally, many Chigua netizens also like to come to Bihu to find the most complete information system after integration, so that they can better Chigua.

Many users also use this to attract attention and get what they need, which is great.

At the moment, Bianhu integrated the questions about Dangkang's listing into one question based on the timeline, and pushed it to the top of the hot list.

The problem description briefly describes the process of Dangkang going public.

The listing prospectus of Dangkang Games shows that founder Guan Qiuhe personally holds 5% of the shares, and indirectly holds 15% through Guan Global Group Limited, with a total shareholding of 20%; founder Fang Nian personally holds 2%, and through Fang Lu

Group Limited indirectly holds 20% of the shares and holds a total of 22% of the shares;

The total voting rights enjoyed by Guan Qiuhe through the Class A shares and Class B shares accounted for 36.9% of the voting rights enjoyed by all shareholders,...

And has veto power over matters that should be passed by special resolutions... In addition, Guan Qiuhe is the chairman of the company.

Therefore, Guan Qiuhe is the actual controller of the company.

Note: Mr. Fang Nian’s voting rights only account for 36%.

…

Dangkang Games passed the listing hearing, and the prospectus added information: it plans to issue 1.66 billion shares, with an issue price of 16 to 18 Hong Kong dollars per share, and is expected to raise up to 29.9 billion Hong Kong dollars, which may become the highest IPO in Hong Kong this year;

…

Dangkang Games launched its road show, with top ten cornerstone investors appearing and a luxurious lineup to support it. It was rumored that founder Fang Nian held a road show reception in the peninsula, and people from all walks of life flocked there;

…

Dangkang is officially listed: the issue price is HK$18, the opening price is HK$29.8, the market value is HK$447 billion, surpassing Goose Factory, the richest man has changed hands!

…

Gao Zan responded with an integrated answer.

“The content is long, so let’s talk about some conclusions first:

As a result of Dangkang's listing, the net worth of the two founders exceeded the assets of the original richest man.

According to the latest market value contract of 365 billion yuan, the total stock market value of Dangkang founder Fang Nian is 80.3 billion yuan. Taking into account the surge in net worth brought about by Dangkang's listing alone, Fang Nian has surpassed the original richest man's 63 billion yuan in assets to become the richest man in the country;

Considering that Frontier Angel holds 4.233% of Dangkang's shares and Frontier's total assets, Fang Nian's net worth may have exceeded that of Li Chaoren, the richest man in China.

Guan Qiuhe, another founder and actual controller of Dangkang, has a total stock market value of 73 billion yuan, which also exceeds the assets of the former richest man.

Digression: Currently, Dangkang has only 1.66 billion shares in circulation, while the total share capital is as high as 15 billion shares, and nearly 90% of the shares are in the lock-up period;

Among them, the shares of Dangkang's original shareholders are locked for half a year according to regulations, so it will take at least half a year for Guan Qiuhe's net worth to be fully realized, and it must also ensure that the stock price is not cut in half;

As we all know, most listed companies reach their peak at the opening, especially those whose opening prices rise sharply;

…

Regrettably, the mysterious Mr. Fang still didn’t show up when the bell was ringing for Kang’s listing. If it weren’t for the fact that many big bosses didn’t highly praise Mr. Fang, I would have thought that this person didn’t even exist;

…

Dangkang Games, which was founded less than four years ago, went public. The opening price allowed me to see Mr. Fang's "invincible on Wall Street" approach. The previous financings in the prospectus showed me what luxury is. Now my dog

My eyes were blinded directly!

…

According to the current information, it can be seen that before the formal preparations for listing, Fang Nian should hold close to 40% of the shares, but these shares have been included in Guan Qiuhe's net worth, and...

I always believe that Fang Nian is the final decision-maker, and the amount of voting rights is entirely due to the small number of Class A shares.

…

The market value of Dangkang can be called a miracle. With a single game to challenge the diversified Goose Factory, one can imagine how terrifying Dangkang Game’s market share is;

…

Lin Zongzong has written so much, and finally I will make a summary:

This is a capital feast. Judging from the content revealed in the prospectus, Dangkang actually does not need to be listed to have sufficient profits. Not to mention, the net profit in 2011 was more than 7.9 billion. This is such a ridiculous number;

Please note: This kind of net profit is due to the operation strategy of Dangkang Game Platform which is not too expensive. You must know that other domestic game manufacturers are eager for players to empty their pockets as soon as they start playing;

certainly!

Even if I don’t want to spend money, Dangkang Games can still take out the three pieces of money that belong to it from my pocket! This is the best operation!

…

Although Dangkang's listing is a capital feast, I still pay tribute to the founder of Dangkang. Before the listing, Dangkang donated 1 billion-1 preference shares to Dangkang Charity Fund for free. Based on the current market value, this share is worth about 24.5 billion.

RMB, and this share enjoys preferred dividends. In addition to being able to be realized through trading on the Hong Kong Stock Exchange half a year later, there are also very high dividends every year, and these funds will be used for public welfare."

"..."

In addition, there are many answers analyzing it from various angles.

"I finally know how many shares Fang Nian holds in Dangkang. I didn't expect that after so many dilutions, there is still 22%, including Guan Qiuhe's 20%, and the 6.7% donated to Dangkang Charity Fund.

It can be said that whether it is equity or voting rights, Dangkang’s decision-making power is always in the hands of Fang and Guan;

Not to mention A, B shares, etc., these show that Mr. Fang’s ability in capital operation is simply awesome!”

"..."

"I have to say that Mr. Fang and Mr. Guan are really strong. They can get approval for taking out 1 billion shares for charity. I think that after Dangkang's stock price stabilizes, a lot of people are willing to buy Dangkang Charity through internal transactions.

The shares are far more valuable than what is seen on the surface now. Dangkang is simply a terrifying cash cow, and it was only before, but now the explosion of mobile games... I don’t dare to think about it!”

"..."

"Why don't you say that every employee of Dangkang has 2,000 shares of Sunshine? That works out to tens of thousands per person, and you don't even mention those excellent employees who already have original shares."

"..."

As the information integrated in these answers shows, a lot of things actually happened during Dangkang’s listing journey, which lasted about 10 months.

First of all, Fang Nian's shareholding ratio dropped by a full 10%, and Guan Qiuhe's shareholding ratio also dropped by 9%, which is very rare.

Of course, this also has a lot to do with the total share capital changing from 5 billion shares to 15 billion shares.

These all occur before submitting information.
To be continued...