Let You Take Charge of Xihong City, It's the World's First City Now?

Chapter 99 Nasdaq rings the bell, the 1 Xihong company goes public!

Jiang Lin is a loyal fan of Pin Yipin.

She is the first user in China to use Pinyipin to buy goods.

more than three years.

She is fighting and buying a lot of high-quality and cheap goods.

a few months ago.

Jiang Lin heard that Pinyipin E-Commerce Co., Ltd. has submitted an IPO application and plans to apply for listing on the Nasdaq Global Featured Section.

Judging from the indicators in the prospectus, it is very "able to fight".

In 2016, the annual transaction volume of Pinyipin was 211.8 billion yuan, and the total number of orders was 6.45 billion.

In the second quarter of 2017, the transaction volume of Pinyipin was 79.4 billion yuan, and the total number of orders was 2.55 billion.

As a social e-commerce business, Pinyipin comes with its own traffic and creates a low-cost explosion.

Tonight, Pinyipin will officially ring the bell on Nasdaq!

Jiang Lin, a loyal fan.

Open the Xihong live platform at midnight to watch the bell ringing ceremony of Pin Yipin.

in the live room.

The host introduced: "Dear viewers, it is now 21:15 on September 24, 2017 in Yanjing time, and the bell ringing ceremony will be held at 21:30.

Compared to the traditional bell ringing ceremony, tonight is a little special.

Chen Yating, the founder of Pinyipin, did not arrive in the United States to ring the bell, but presided over the IPO conference in the Pinyipin headquarters building in Xihong City.

It is worth mentioning that.

Nasdaq made an exception to send the bell button from New York to Xihong City, and 36 Pinyipin consumers would ring the bell in both places at the same time.

This is the first time in the history of Xiaguo enterprise!

According to Mr. Chen, it is very inconvenient for more than 077 people to go to the United States. It would be better if they could witness the bell ringing ceremony with consumers, employees and the media.

Due to the time difference between the two places.

At 21:30 tonight, it is the time when US stocks open in the morning.

The bell-ringing ceremony is the opening bell, not the closing bell.

It is reported that the issue price of Pinyipin is 28.5 US dollars, and the company will issue 85.6 million US depositary shares, with a maximum financing of 2.8 billion US dollars.

The current chairman of Nasdaq Asia Pacific, Michael McCoy, personally came to the Xihong City Headquarters Building to congratulate..."

in front of the phone screen.

Jiang Lin was a little emotional.

Chen Yating deserves to be the richest man in Xia!

Even the Nasdaq bell is so ingenious.

15 minutes went by in a blink of an eye.

On the screen of the live room, two sub-screens appear.

The bell-ringing ceremony takes place simultaneously in both places.

On one side is the press conference hall of the Pinyipin Headquarters Building in Xihong City.

On one side is the Nasdaq press conference on the second floor of 6 Times Square, New York.

As the countdown ends.

Both sides press the orange button at the same time.

The listing bell rang immediately, and cheers, applause, screams, ribbons and flashing lights filled the entire trading floor and Pinyipin headquarters.

at the same time.

The core landmarks of New York and Xihong City, and at the same time, the iconic LOGO of the fight is rolled up.

The e-commerce company established only 3 years and 7 months, officially landed on Nasdaq, stock code "PYP"

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in front of the phone screen.

When Jiang Lin saw the end of the bell ringing ceremony, a smile appeared on her face.

The speed of the rise of Pin Yipin is really staggering.

According to Pinyipin's IPO price of US$28.5, the company's market value has reached US$36 billion!

Although Chen Yating is nominally the richest man in Xia.

But the company is not listed after all, and the valuation cannot be converted into the real market value.

With today's fight, it officially landed on Nasdaq.

President Chen's assets are going to go up again!

Inside the Xihong City Headquarters Building.

Chen Yating delivered a speech in front of the media reporters.

She said slowly, "Hello, all guests, I am Chen Yating, the founder and CEO of Pinyipin.

I am very honored to stand here and share some thoughts with you on behalf of Pin Yipin.

Pinyipin is a company rooted in Xiaguo and Xihong City, but at the same time, we also hope to radiate the world in the future, so that the new e-commerce model can be used by the world and enjoyed by global consumers.

This is the reason why our innovative choices are ringing the bell at the same time in Xihong City and New York.

No one has done such an arrangement before, and it is not easy to make it a reality.

I would like to express my special thanks to all those who facilitated this synchronized bell-ringing ceremony.

In 2014, when Pinyipin was just founded, we realized that the model of Pinyipin has huge potential (cccj).

We've had an incredible 3 years and 7 months since then.

At a time when everyone thinks that the e-commerce landscape is set and history is written.

In just over 3 years, Pinyipin has gathered 516 million active buyers and 2 million merchants, and it still maintains a high-speed growth even today and at this moment.

While we are pleased with our achievements, we are also constantly introspecting and reflecting.

Pinyipin is a company that is based on the long-term and continues to challenge itself.

In the process of facing the challenge, a lot of changes may take place, but our mission will never change, that is to create value for users and meet the needs of the most popular people!

For Pinyipin, listing is just the starting point.

We have just stepped onto the track, eager to unleash our power and create more value.

We are well aware that after today, there will be more and more challenges tomorrow; but we also firmly believe that after breaking through many difficulties, tomorrow will be infinitely better.

Standing at this "new starting point", we would also like to express our most sincere thanks to all the guests present, as well as the 2,000 small partners and hundreds of millions of users, investors, friends in the media, Internet and e-commerce seniors who were not able to attend.

Finally, we would like to thank the country for this great new era!

We believe that among the forerunners of the new era, there will be more fights and more models and innovations that are born out of Xia and serve the world!"

After the speech is over.

The bell-ringing ceremony of fighting for a fight officially came to an end.

Media reporters published reports overnight and kept track of the latest stock price of Pinyipin.

The next day when people wake up from their sleep.

The reports of fighting together have already swiped the Internet.

"Ali, Jingxin, and Pinyipin are three pillars!"

"Two places ring the bell at the same time, fight together to create history!"

"Fight for Nasdaq to ring the bell! The closing price on the day rose 40%!"

"The market value of Pinyipin has skyrocketed, and its market value ranks 30th among the top 500 companies in Xiaguo!"

"The latest market value of Pinyipin is as high as 50.4 billion US dollars! 681 millionaires have been born!"

"Chen's richest man's worth rises again! Xihong live broadcast will also be listed on Nasdaq next month!"

"Another company ranks among the world's top 500, what magic does Xihong City have?"

"Chen Yating, the founder of Pinyipin, will donate 2% of the shares after the IPO to establish a private charitable fund and scientific research and academic fund!"

After seeing the news, netizens were overwhelmed with emotion.

"It's so terrifying! Three years and seven months, the market value is 50 billion US dollars!

"Ordinary people haven't even finished college in such a short time, but they have already risen after fighting for one!

"It's too exaggerated! There are 4 companies under the name of President Chen, and it's just one of them.

"Yeah, next month Xihong Live will be listed, and President Chen's assets will continue to rise!"

"In the news, it is estimated that after the IPO, Chen will account for 42% of the shares, which is equivalent to $21.168 billion in assets. 99

"In the past, Mr. Chen's wealth was corporate valuation, but now it has been converted into market value. This is real wealth growth!

"Xihong Infrastructure ranks first in the world's top 500, Xihong Medicine and Xihong Medical are both on the rise, and now Xihong is listed on the market, what magic does this city have?!

"Perhaps this is the real feng shui treasure land! This is the case with agriculture, transportation, medical care, education, and now business!"

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