Rebirth 1984: Starting from the development of Hanka

Chapter 315 Wujiang Microelectronics Company goes public

The leaders above quickly discussed the results and they supported the launch of the "AB share system" for A shares.

The most important thing is that the influence of Wujiang Group can promote the development of the domestic financial industry.

Although the capital scale of A-shares is currently saturated, leaders believe that as long as Wujiang Group's companies are listed on A-shares, a large amount of capital will be attracted to invest in the stock market, both domestically and abroad.

In fact, if it can attract international capital to flow into the Chinese stock market, it will be considered a success.

In this way, China is expected to surpass the United States and develop into a global financial center! ! !
This will play an extremely important role in the internationalization of the RMB.

……

Zhao Ye received a call from his leader the next day. When he learned that A-shares would soon be reformed and the "AB-share system" could be implemented, he immediately reciprocated the favor, saying that at least fifty companies under the Wujiang Group would be in the process. A-share listing.

However, the specific listing plan needs to be considered in the long term, and each company will be listed one by one.

If they are listed together, it will be difficult for shareholders or investors to push up the stock price because they have limited money.

You have to make time and let everyone chip in.

And when the number increases, there will always be some companies with low exposure, making it difficult to become the focus.

In Zhao Ye's plan, having one company listed every month is considered relatively fast.

……

United States, Nasdaq.

Throughout December 2002, listed Internet companies under Wujiang Group completed their delisting plans one after another.

In order to prevent the United States from thinking that Wujiang Group deliberately manipulated stock prices, in the first few months, Zhao Ye planned to let these Internet companies develop silently, specialize in technology, and put making money last.

"The first company to be listed on the A-share market must be able to cause a sensation. Then, this company must be a heavyweight enterprise..."

In Wujiang Building, Zhao Ye said to the group's senior management, "I think Wujiang Microelectronics can be the first to be listed on the A-share market. First of all, Wujiang Microelectronics is the world's best semiconductor manufacturer and is extremely important to the country. If it is listed on the A-share market, the country will be more assured of us; secondly, Wujiang Microelectronics is huge in scale and extremely profitable, so it will definitely be wildly sought after by capital and achieve a 'good start' in listing!"

It can be said that Wujiang Microelectronics has almost monopolized the global high-end chip manufacturing industry. Wujiang Group has always controlled this company, and its profits are impressive. Not only many people are jealous, but even the top leaders of the country have some different voices, although they are not trying to snatch it from Wujiang Group. control, but it is still necessary to step in and have more say and supervision rights.

Zhao Ye chose Wujiang Microelectronics to be listed on the A-share market, which can be regarded as a certificate of investment and reassures the country that when the time comes, state-owned capital will choose to take more shares when listing and financing.

Zhao Ye is already very rich now. To him, money is really just a bunch of numbers.

For Zhao Ye right now, how to preserve the family's wealth and power is the most important thing.

It is difficult for people who eat alone to survive for long, so they must know how to share.

Zhao Ye listed his company on the market based on this idea.

Of course, Zhao Ye will not give up control of the company.

The "AB share system" allows Wujiang Group to firmly control Wujiang Microelectronics even if it only holds 10% of the shares in the end.

In the conference room, everyone had no objections to Zhao Ye's intention to list Wujiang Microelectronics Company on the A-share market.

In the group company, Zhao Ye basically always speaks his mind.

It's not because Zhao Ye likes to be arbitrary, but because Zhao Ye has always been successful. The mythical miracles he created have convinced everyone of him.

At the subsequent meeting, Zhao Ye discussed with everyone the specific plan for Wujiang Microelectronics to go public.

Zhao Ye certainly hopes that during the IPO, more financing can be obtained and the company's market value will be higher.

"Director Zhao, Wujiang Microelectronics is too big. According to our own valuation, it should be at least [-] trillion yuan!!!" Zhang Rujing said.

As soon as he finished speaking, the other senior executives present were all dumbfounded.

Four trillion people, according to the current exchange rate of RMB and US dollar, that is 5000 billion US dollars!
Zhang Rujing saw everyone's surprised expressions and couldn't help but introduce: "In addition to the chip manufacturing business, Wujiang Microelectronics also has many subsidiaries, the most famous of which is Sugon lithography machine! I think that Sugon lithography machine is If the company is listed on the A-share market, its market value will exceed at least US$1000 billion!"

At this time, everyone was shocked again.

Zhao Ye smiled, nodded and said, "I think what Mr. Zhang said makes sense! I'll just give you a set of numbers and you'll know..."

Zhao Ye paused and said with a smile: "This year, Wujiang Microelectronics' revenue exceeded 2100 billion US dollars, with profits as high as 750 billion US dollars! If calculated based on a price-earnings ratio of 10 times, Wujiang Microelectronics' market value is at least 7500 billion US dollars ! You know, Wujiang Microelectronics has a monopoly on high-end chips, and its price-to-earnings ratio is more than 10 times."

When everyone heard this, they couldn't help but gasp.

They never expected that Wujiang Microelectronics would be so profitable.

"Director Zhao, the market of Wujiang Microelectronics is too big. If you want the IPO to be successful, you must attract a large number of domestic and foreign institutions!" Lu Maoshi couldn't help but sigh and said.

Zhao Ye nodded slightly and said, "I think so too, so we must publicize the news of Wujiang Microelectronics' listing around the world and mobilize capital at home and abroad!"

Lu Maoshi smiled and said: "As long as we announce the revenue and profits of Wujiang Microelectronics Company, I am afraid that capital all over the world will go crazy about it. When the time comes, they will all take the initiative to inquire."

"That's right! This is also the reason why I chose Wujiang Microelectronics Company, because it is very profitable, has a high technical threshold, and has a strong monopoly. No matter which institution will be interested in it!" Zhao Ye smiled. After speaking, he turned his eyes Looking at Zhang Rujing, he then ordered: "Mr. Zhang, you will be responsible for Wujiang Microelectronics' IPO. Start preparing materials from now on and strive to go public in March next year!"

"Okay, Director Zhao." Zhang Rujing nodded.

Zhao Ye then looked at Lu Maoshi and Zhou Anping and said, "The investment department of Wujiang Group and Galaxy Financial Company will cooperate!"

Lu Maoshi and Zhou Anping nodded in unison: "Okay, Director Zhao!"

"Well, that's it. The meeting is over and everyone can go back to work. I will inform the leaders of our listing plan later!"

After saying that, Zhao Ye stood up first.

Seeing this, everyone stood up one after another, and then left the conference room in twos and threes.

Zhao Ye took out his mobile phone and first called Secretary Liu to inform him that he planned to list Wujiang Microelectronics Company on the A-share market.

On the other end of the phone, Secretary Liu was shocked when he heard this.Others don’t know the situation of Wujiang Microelectronics Company. Doesn’t Secretary Liu also know?

Wujiang Microelectronics Company is the most important high-tech enterprise in Shanghai. The municipal government is very clear about its annual revenue and how much taxes it pays.

If such a company were to be listed on the A-share market, it would definitely cause a huge sensation.

"Director Zhao, you are really generous! Don't worry, our municipal government will make every effort to ensure that Wujiang Microelectronics can be successfully listed!" Secretary Liu said excitedly.

"Thank you, leader! By the way, leader, do you know if the investment company under the municipal government is interested in Wujiang Microelectronics? If you are interested, you can purchase part of the original shares before the company's IPO!" Zhao Ye asked.

Anyone with a discerning eye can see that Zhao Ye is sending money to the city government. You must know that once Wujiang Microelectronics goes public, the stock price will inevitably soar.Naturally, you can make a lot of money by buying original stocks.

It is almost difficult for ordinary people to buy original shares before the IPO.

As for a promising company like Wujiang Microelectronics, its original shares are extremely valuable, and countless institutions want to compete for them. Now, Zhao Ye actively invites the city government's investment company to buy the company's original shares. This is not giving money. .

Of course, bribery is out of the question. The city government’s purchase of the original shares of Wujiang Microelectronics is, to a certain extent, an endorsement of Wujiang Microelectronics, proving that the government is optimistic about the development of Wujiang Microelectronics and can increase the number of investors. confidence, thereby pushing up stock prices.

When many Chinese companies go public in the United States, they will transfer part of their original shares to Wall Street giants at a low price. The intention is almost the same.

At this moment, Secretary Liu had a look of surprise on his face when he heard this, and then nodded and said, "Of course I'm interested!"

Zhao Ye smiled and said: "In this case, before Wujiang Microelectronics' IPO, I will have someone contact the municipal government's investment company!"

Secretary Liu smiled with satisfaction: "Okay, no problem! Oh, by the way, what is the approximate price of Wujiang Microelectronics' original shares? I want to know first. After all, it takes time to raise money, so I can be prepared... "

Zhao Ye expressed his understanding that even state-owned capital cannot spend too much money in a short period of time.

He thought for a moment and replied: "The internal valuation of Wujiang Microelectronics is as high as 4.5 trillion yuan. I can sell 10% of the original shares to the municipal government."

You have the final say on valuation. Zhang Rujing’s valuation is too little. Zhao Ye thinks that a valuation of 4.5 trillion yuan is already very conscientious. Once Wujiang Microelectronics is listed, it may soon break through to six. Seven trillion yuan.

Secretary Liu was shocked by these words.

The valuation of Wujiang Microelectronics is as high as 4.5 yuan, which is really scary. There is no domestic A-share listed company with such a high market value.

Even 10% of the shares are worth 4500 billion yuan. How can the city government afford it...

Secretary Liu is very distressed at the moment.

Zhao Ye couldn't help but smile when he saw that the other end of the phone didn't speak for a long time. He could understand the leader's thoughts at the moment. After all, the government couldn't come up with so much money.

"Director Zhao, is Wujiang Microelectronics' valuation so high?" Secretary Liu asked doubtfully.

"Yes, leader! In fact, the real valuation can only be high or not low! Even based on a valuation of 5 trillion yuan, there will be a large number of investment institutions willing to buy it!" Zhao Ye answered truthfully, "The current valuation is less than 10 times the price-to-earnings ratio. Coupled with Wujiang Microelectronics' technological leadership in the chip field, scale advantages, cost advantages, etc., it is possible for the price-to-earnings ratio to reach 15 times. Wujiang Microelectronics You can definitely make money by buying the original shares!”

Secretary Liu smiled bitterly and said: "The price is too high and the government can't afford it. Let's just say the government only buys 2% of the shares!"

Zhao Ye smiled and said: "Okay, no problem!"

"Okay, let's do that. I have a meeting to hold later, so we won't talk anymore. If anything happens, please contact me again!"

"Okay, leader, I won't disturb you anymore. Goodbye!"

"goodbye!"

After Secretary Liu hung up the phone, he immediately attended the meeting of the municipal party committee and government.

An hour later, after the original meeting content was agreed upon, Secretary Liu did not announce the end of the meeting. At this time, he revealed the news that Wujiang Microelectronics Company was about to go public.

"Wujiang Microelectronics is the most important technology company in Shanghai. Zhao Ye told me not long ago that Wujiang Microelectronics will be listed on the A-share market. At the same time, he also plans to sell part of the original shares to the government... "

Secretary Liu then briefly and concisely stated the content of his conversation with Zhao Ye.

As soon as the voice fell, everyone couldn't help being surprised.

Secretary Liu said: "Immediately let people investigate the valuation of Wujiang Microelectronics. Although I have negotiated with the other party for 2% of the original shares, if the valuation is too high, we can re-quote. In addition, Wujiang Microelectronics Microelectronics Company is the largest high-tech company in Shanghai, and our government must protect its IPO!"

"Yes!!!"

……

At noon that day, Wujiang Group held a press conference. Group spokesperson Fu Caiwei revealed the news that Wujiang Microelectronics would be listed on the A-share market in front of hundreds of media reporters from around the world.

All reporters present were shocked when they heard the news.

The news came suddenly and caught them off guard.

Everyone never expected that Wujiang Group would be willing to list Wujiang Microelectronics Company.

In the eyes of many people, Wujiang Microelectronics is Wujiang Group’s weapon to dominate the technology world and is not for sale.

Wujiang Group is not short of money, so how can it let Wujiang Microelectronics go public?

Doesn’t this give Europe and the United States an opportunity?

The reporters were crazy with excitement and quickly asked Fu Caiwei the reason.

"Ms. Fu, Wujiang Group clearly has no shortage of money, so why does Wujiang Microelectronics need to be listed?"

"Ms. Fu, Wujiang Microelectronics is a high-tech company. Why not list it on NASDAQ in the United States?" a reporter from an American newspaper asked.

"..."

Fu Caiwei smiled and said: "Yes, our Wujiang Group is indeed not short of money, but we believe that a mature company should learn to share, so we plan to allow all investors to share the benefits brought by the rapid development of Wujiang Microelectronics Company As for why it is not listed in the United States, it is because Wujiang Microelectronics is a Chinese technology company and we should be listed on our own country's stock exchange, shouldn't we?"

(End of this chapter)