sinovels Chapter 288 Financing Scale Of 7.2 Billion Meters, Second In History
Chapter 288 Financing Scale Of 7.2 Billion Meters, Second In History
Road show, in English is RShow.
It is an important promotion method for investors and securities issuers to promote the successful issuance of stocks under the condition of full communication.
It mainly refers to the touring promotion activities carried out by securities issuers in major roadshow locations to potential investors before issuance.
Indicate the value of the securities to be issued, deepen investors' awareness, understand their investment intentions, discover needs and value positioning, and ensure the successful issuance of securities.
In overseas stock markets, stock issuers and underwriters must decide the issuance volume, issue price and issuance timing based on the road show situation.
for example:
When Sohu issued stocks on Nasdaq, it adjusted the issuance price based on the situation at the time before the issuance was successful.
Of course, there are also cases where road shows fail.
For example, in Zhonghai Oil's overseas financing, investors responded coldly to the company during the road show. Although the company announced a reduction in scale and lowered the IPO price, the market still did not improve. Coupled with the differences of opinion among relevant departments, the IPO plan had to be abandoned and instead waited. Next opportunity.
Therefore, the success or failure of stock issuance can often be seen from the effect of road shows.
certainly.
Judging from the extent to which Future Group is so highly anticipated by investors, the possibility of stock issuance failure is almost zero.
But you still have to go through the process.
"What's the reaction outside now?" Lu Yi asked with a smile, looking 557 relaxed.
All the documents that need approval have been passed, and the next step is the road show. At this point, the IPO is basically 80% to 90% successful, and only the final step is left.
"It can be said that it is attracting everyone's attention!"
“Since the news spread that the group officially submitted its IPO application to the U.S. Securities and Exchange Commission in April, every move of the company has attracted much attention from the industry and the market.
"Now that the IPO process has entered the road show stage, the company's stock code 'WL' has also directly become a hot search at home and abroad, becoming the focus of heated discussion."
Lin Qingya said.
It's approaching noon.
The cafeteria hall can accommodate thousands of people, and now everyone is here.
But no one was in the mood to eat at this time.
"Lu Shen is here."
When Lu Yi arrived, the noisy and excited discussion quickly disappeared.
The eyes of almost everyone present were focused on Lu Shang.
They have received news that all the documents that need to be approved during the IPO process have been passed. The biggest obstacle in the IPO process has disappeared, and they are about to enter the next road show stage.
At this stage, the most important thing is to promote the successful issuance of stocks (ccff).
With the level of expectations of Future Group, even without a road show, the stock issuance cannot fail.
After the road show, it’s time to ring the final bell for listing.
It can be said.
The current Future Group is already considered a quasi-listed company, and there are no obstacles ahead.
This has to excite all employees.
The reason why all of them basically gathered in the cafeteria hall at this time was because they received an email from the president's office at ten o'clock in the morning, asking everyone to gather here during lunch.
At this moment, Lu Qi, Lan Lan, Yu Jun, Du Qing and other company executives, and even Liu Hong, arrived.
"I believe everyone should know the news. Yes, we believe that the listing application materials submitted by the U.S. Securities Regulatory Commission have been approved. The company will then conduct a global roadshow before listing.
"Now I can tell you here that the group's IPO has entered the final countdown."
Before he finished speaking, the entire hall burst into thunderous applause, directly interrupting Lu Yi's words.
After waiting for two or three minutes, the applause did not stop, so Lu Yi had to raise his hand to suppress the momentum.
"In February 2003, Future Technology was officially established. At the beginning of the business, there were only five employees."
"Now, more than two years have passed."
"Future Technology has also become Future Group, which has expanded from a single on-campus social section to ten main business sections such as social networking, games, emails, and blogs.
"And the employees have grown from the initial five people to up to now, the total number of employees at home and abroad is as many as 8,000, 8,307 to be precise."
"In two years, Future Technology has grown from a small ship into the giant ship of Future Group with the joint efforts of all of us."
Future Group's current achievements are the result of everyone's hard work and hard work.
Lu Yi's sonorous and powerful words resounded in the hall. Everyone listened carefully to every word and syllable of Lu Yi, with a look of pride on their faces.
Be proud to be a member of the Future Group.
Looking at history, which company can achieve such great achievements in just two years like Future Group?
It’s just the Future Group!
Even Yahu took only two years to successfully go public. But when Yahu was listed, its IPO scale and other aspects were far inferior to the current Future Group.
It can be said.
Future Group dumped Yahu in more than ten ways!
"I still remember when the company first started..."
Lu Yi briefly reviewed some things from the establishment of the company to the present, which made many old employees look nostalgic.
"The two years of hard work of hundreds, thousands, or even tens of thousands of 'future people' will finally be rewarded!"
"I believe that the group will definitely get better and better in the future!"
After the words fell, the entire hall once again received a wave of applause.
"For this IPO, the group decided to raise 7.2 billion yuan publicly. Such a huge amount of financing will make the group's initial public offering the second largest IPO in history in the future."
"The one ahead of us is the National Telephone and Telegraph Company (NTT), which was listed on the New York Stock Exchange on October 22, 1998. They raised 18.2 billion yuan in public funds.
"For most companies, the IPO allows the company to obtain sufficient development funds, but Future Group is a very successful emerging company, and this problem will not exist starting from the first quarter of this year."
"Because the company's profits and free cash flow are growing at an extremely fast rate, much faster than the growth of expenses, there is no need for us to compare with NTT and become the largest IPO in history. It is meaningless. Second place is also good. .”
"Starting next month, we will conduct a global roadshow for about two weeks, after which Future Group will officially ring the bell to be listed on NASDAQ in the United States!"
Wow!
The whole place was once again in an uproar, with constant applause and shouts.
Everyone is very excited.
Why?
Because even those who have just joined the Future Group family can receive a generous bonus after the IPO, not to mention the early initial team and those who allotted shares.
Those who currently have the rights and equity qualifications of the Future Group are undoubtedly the most excited members.
For them, getting rich overnight is right before their eyes. It is not an illusion, so how can they not be excited.
soon.
Lu Yi's speech in the future group cafeteria spread.
In less than two hours, it spread all over the world. .