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Chapter 1703 Unable to be listed

Speaking of iPo, Li Huaming suddenly became radiant and said proudly: "Who are you listening to? You are still preparing and preparing. I just communicated with the Securities Association and asked which board is more suitable to go to. It has not been officially confirmed. Mr. Zhong is more familiar with this situation. Please let her introduce it in detail!"

Zhong Fangfang said: "Actually, the first Racing Horse planned to go public on the Nasdaq, magnesium country. It received an investment of 40 million magnesium in 2008. But to be honest, after the GEM was opened, we changed our minds."

Li Rui nodded and said, "I can understand, are you unable to sit still after seeing the stock price of the Hua brothers?"

Everyone would smile.

After the opening of the GEM, Huajia Brothers successfully landed on the GEM as one of the first 28 companies. The issue price was 28.58 yuan, and the ticket price on the first day of listing was 63.66 yuan. This huge increase shocked all film and television companies.

On the other hand, Bernard Pictures, which was listed on the Nasdaq, magnesium, has fallen all the way since its first day of listing, and fell 30% from the issue price of 8.5 mg in half a month!

By comparing the two, the galloping horse will give up the idea of ​​listing on the Nasdaq and instead target the domestic stock market, which is also an inevitable idea to seek profit and avoid harm.

"Then are you planning to log in to the SME Board or the ChiNext Board?" Li Ruiming asked knowingly.

Zhong Fangfang said: "We prefer motherboards."

Li Rui sighed in his heart, and the galloping horse still embarked on the same path as in his previous life.

At that time, when the Hua Brothers entered the GEM, it was the era when the GEM had just begun and funds were influx. As the tide faded, the current GEM was no longer as brave as it used to be, and its overall valuation plummeted.

At present, domestic film and television companies on the GEM are not news. In addition to the Hua brothers, there are also Ray Media, Xiace Film and Television, Hualu Baina and New Culture, etc. Even if Benma Film and Television is on the GEM, it will not cause much sensation.

It’s different if you log in to the motherboard. If the Racing Horse is successful, it will become the first film and television production company in China to be listed on the motherboard!

Therefore, even if it is much more difficult to log in to the motherboard, under the influence of capital, the galloping horse can only choose to charge towards the motherboard.

"How is the current progress? It's a pity that I can't vote for you." Li Rui said.

Zhong Fangfang shrugged helplessly: "The materials for the meeting have been returned because we have not received the approval from the Propaganda Association."

Li Rui smiled and said, "As far as I know, most of the cultural enterprises that attend the conference now have no approval documents."

Li Huaming said: "In the past, we only received approval from the Propaganda Association to send the listing materials to the Securities Association. Now we report it and take it, and we will do it together. We were not prepared before, so there should be no problem next time."

Li Rui endured it for a long time, and finally couldn't help saying: "Actually... if the motherboard is not easy to go on, it's good to go to the ChiNext."

In his previous life, Zhong Fangfang once remembered Li Huaming after getting drunk and said to Li Rui crying: "Li Rui, do you know that if it weren't for worrying about listing every day, Dog Brother would not have died. If Dog Brother did not die, Broad Horse would definitely become the largest film and television company in Huaguo. I wouldn't have left Broad Horse. Woooo, I miss Dog Brother so much!"

That was the first and only time Li Rui saw Zhong Fangfang crying, and he cried so hard that he could not see the style of a strong woman.

Later, Li Rui followed Zhong Fangfang to experience various difficulties and difficulties, and never saw Zhong Fangfang shed a single tear again.

And no matter what difficulties he encounters, Zhong Fangfang can smile and respond.

Li Rui once asked her, no matter how difficult it is, she cannot be defeated.

Zhong Fangfang said meaningfully: "When Brother Dog died, I felt like the sky fell. Later, the galloping horses were fighting in internal conflicts, the family was fighting, and investors were fighting for equity... After so many things have gone through, nothing in this world can defeat me except life and death!"

Li Rui is very grateful to Zhong Fangfang for his guidance and has always wanted to do something for her in this life.

Now looking at Li Huaming's spirit, thinking of Zhong Fangfang's crying, the thoughts in his heart gradually became clear.

That's why he made suggestions, hoping that the Benma Film and Television would not go all the way to the dark.

If he could be listed on the GEM as soon as possible and get rid of Li Huaming's heart disease, he might not have died young and would not have collapsed overnight.

Li Huaming said, "No hurry, we have patience. Some analysts have advised us and believe that we can wait until the time period before and after the conference. At that time, the country's policy advantages in supporting the cultural industry will be maximized and the valuation given by investors will be higher."

Li Rui really wants to say, tell me which analyst said it, I'll slap him in the face!

It is now mid-May 2012. In less than half a year, starting from November 3, 2012, the Securities Association suddenly launched an iPo self-inspection and verification operation, which is equivalent to suspending all iPo reviews, and it lasted until December 30, 2013, and it was suspended for one year and three months!

On the third day after the opening of the iPo, Li Huaming died of a sudden myocardial infarction, whether it was because of the depression that had been accumulated for too long or the joy and sorrow.

After that, Benma Film and Television was caught in a long and complicated lawsuit because of the betting agreement signed with investors. After seven or eight years of hard work, he didn't recover, leaving only a sigh and a mess.

According to the agreement, if Benma Film and Television fails to achieve qualified listing before December 31, 2013, the investor has the right to require Benma Film and Television, the actual controller or any party of Li Huaming to acquire the equity of Benma Film and Television held by the investor at one time, if it complies with the requirements of the laws and regulations at the time after December 31, 2013.

This suspension is like tailor-made for Benma Film and Television, which just made them miss the agreed listing time with investors.

At that time, the investors did not immediately implement the betting agreement, but instead expected Benma Film and Television to continue to promote the listing. It was not until three days later that Li Huaming fell and the company began to fight with the Li family members, and the situation worsened. In the end, the two sides had a fight to the court.

If you don't want this situation to happen again, Li Rui must convince Li Huaming to let Benma Film and Television go public as soon as possible and avoid major changes in the securities market in November.

Seeing that Li Huaming was stubborn, Li Rui knew that this matter should not be too hasty.
Chapter completed!
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