Chapter 88 On the eve of listing
"Guangjia Technology has only just submitted its application for listing, but it has not been approved for listing. Aren't you guys celebrating too early?"

“What is the OP thinking? With the tragic decline of the Science and Technology Innovation 50 Index in recent years, the village will not stop it from listing. It is even possible that the China Securities Regulatory Commission is begging Guangjia Technology to go public.”

"Everything is done quickly and tightly, reflecting China's speed. The listing application submitted in January will be listed in May at the latest, or even faster.

China needs companies like Guangjia Technology that can prove that Chinese companies have the ability to innovate in science and technology and give the outside world confidence.

Not to mention that there is Guotou behind Guangjia Technology, and the listing application is just a formality.”

"The money is ready. I also bought some high-quality companies on the Science and Technology Innovation Board for new listings. I took a look and found that many companies on the Science and Technology Innovation Board have fallen to an absolute historical low."

What this investor doesn't know is that there is no lowest price, only lower prices, and history will tell him that the current price is just the median.

Light Armor Technology has not yet been listed, but there are a lot of posts on Snowball discussing Light Armor Technology.

The famous boss of Snowball was @ed crazily.

"@The Great Dao is invisible, but I am visible. Boss, will you buy Light Armor Technology if it goes public?"

"Look at the price. If the price is right, I will definitely buy. If the market value of the first round of listing is below my psychological price, I will buy. The lower the price, the more I will buy."

“@The Great Dao is invisible, but I am visible, have you met Chen Yuanguang? Can you tell me what kind of entrepreneur he is?”

“I haven’t seen him in person, but I heard him mentioned when I was having dinner with Lei Jun. He is a very pure scientist, a top scientific research talent, and has a low pursuit of material things.

From a purely entrepreneurial perspective, I don’t like such a founder because his desire is not strong enough, and if the desire is not strong enough, the motivation will be insufficient.

But from outside observations and what I have heard about Chen Yuanguang, his desires are too great, and normal people cannot understand his pursuits.

Just like Musk’s house has nothing but a bed because his dream is to go to Mars, Chen Yuanguang also proposed a similar vision. I think his real goal should be bigger than this.

So I personally am still very optimistic about his companies.”

The way is invisible, but I am visible. Duan Yongping, who is known as the Buffett of China, is often active on Snowball and should be the most active boss on Snowball. However, he quickly hides behind the scenes and permanently resides in America, so there is very little news about him in China.

Sun Renjie returned home and discussed with his wife: "We are going to cash out all the fixed assets in the house, as much as we can."

His wife exclaimed: "Are you crazy? The housing prices have been falling recently. If we sell the house now, even if it is the price in Shenhai, we will lose at least 30%. We only have two houses in Shenhai.

As for the house in your hometown, it's even worse. I went to check it out when I went home with you during the Chinese New Year. The price has fallen even more sharply, almost in half.

Selling a house now is like cutting your own flesh.”

Sun Renjie sat down leisurely and casually draped his clothes on the sofa. His daughter, who was in the third year of junior high school, came out after hearing her mother's slightly sharp scream and stood beside the TV watching her parents arguing.

"If we lose, we lose. We lose now in order to make money in the future," said Sun Renjie.

His wife waved at her daughter and said, "What are you listening to, kid? Go in and do your homework."

Then he leaned over to Sun Renjie and said, "Oh~ I had dinner with people from Lujiazui recently. Will the housing prices continue to fall?"

Sun Renjie looked at his wife helplessly and said, "Do I need to tell you that housing prices will continue to fall?

Isn't this something everyone knows? House prices depreciate over time, and if they can't keep up with inflation, then they are also depreciating.

This is one reason. More importantly, Guangjia Technology is about to go public, and the company’s special asset management plan has been approved.

All senior executives and core scientific researchers will receive a strategic placement quota, and we need to raise money to purchase shares of Light Armor Technology."

His wife still didn’t understand: “What does strategic placement mean?”

Sun Renjie said: "Does the company need talents for development?"

"Yes."

“If we need talent, do we need to offer good treatment to retain talent? If it’s just salary, then employees will want to leave after receiving the salary.

Strategic placement means that before the company goes public, it sells its shares to its employees at a preliminary inquiry price. For example, if Guangjia Technology makes a preliminary inquiry and the outside world thinks that the stock price is appropriate at 100 yuan per share, then we can buy the company's stock at 100 yuan per share.

The initial listing price will fluctuate around 100 yuan, which may be higher or lower than 100 yuan.

Each of us will have a quota based on our position. For example, if I am the general manager, my quota is 800 million yuan. So we have to take out 800 million yuan to purchase the company's stock according to the preliminary inquiry price.

After the company goes public, I can sell the shares and turn them into profits. In this way, the employees who hold strategic placement shares will not dare to leave easily. The loss you face is not just as simple as the non-compete agreement. "

His wife wondered, “What if we lose money?
Although Light Armor Technology has been very popular in the past two years, this is eight million. What if I lose money?"

Sun Renjie now knew what "long hair but short knowledge" meant, but he still patiently explained: "Strategic placement, strategic placement, pay attention to the word strategy.

It will not only be given to core employees, but also to some other institutions.

For example, why are the leading state-owned enterprises in various fields such as China Aerospace, Commercial Aircraft Corporation of China, and China Shipping Group rushing to sign strategic cooperation agreements with Guangjia Technology in recent days?

Because they can also be included in the strategic placement list, they can also purchase a portion of Guangjia Technology's shares at the initial inquiry price.

Not only these leading central enterprises will buy, but also social security funds, basic pension insurance funds, enterprise annuity funds, etc. Do you think these institutions will lose money?"

Not only these, some special strategic investors will also participate.

"You know that the senior executives of Lujiazui CICC hope to obtain the 8 million strategic placement quota in my hand. How much are they willing to offer?"

Sun Renjie's wife's eyes were full of expectation: "How much?"

Sun Renjie held up five fingers: "Five million, which means that as long as I sign a proxy holding agreement, five million in cash will be deposited into my account in seconds!"

Sun Renjie's wife suddenly became excited and slapped his thigh: "Then why don't you sell it?
This is five million ready-made!"

Sun Renjie said helplessly: "I am very optimistic about the future of light armor technology. Human hibernation technology is a technology that China has a monopoly on and is unique to China, and it will soon be commercialized.

It’s not a technology that stays in the lab and is still a long way from being implemented. The stock price may increase tenfold in the future, and I don’t want to miss the opportunity to turn 8 million into 80 million in the future! ”

Sun Renjie's wife finally understood: "How long do you think it will take to reach 80 million?"

Sun Renjie is unsure: “I don’t know, but I don’t plan to sell it anyway.

The boss is amazing. His technical sense and understanding are the best among all the people I have ever met. When I was at Hengrui Medicine, I met PhDs from Stanford and MIT. They were also very good, but they were far inferior to the boss. "

Sun Renjie's wife continued to ask: "Hey, how much strategic placement quota does your secretary have?"

Sun Renjie was puzzled: "Why are you asking this?"

His wife: “I’m curious. I was thinking that she and your boss are in a relationship. If her strategic placement quota is less than yours, it proves that you are more important to the company than he is.

Your position will be more secure.”

Previously, Sun Renjie's wife was still wondering why he left a middle-level management position in a listed company like Hengrui Medicine. Now, she has completely gotten rid of this emotion. She only hopes that Sun Renjie can stay in the position of general manager of Guangjia Technology and wait until the strategic placement shares in their hands are multiplied by ten and successfully cashed out.

You can achieve financial freedom in one go. 80 million is enough to reach the standard of financial freedom even in Shenhai.

Sun Renjie said: "600 million."

Before his wife could say anything, Sun Renjie continued, "But Secretary Dong, as a co-founder, holds 5% of the original shares, which have never been diluted before. In each round of financing, the boss uses his own shares to dilute them."

His wife opened her mouth wide, and her calculator was ticking in her mind: "Isn't this place worth billions? Will she replace you and become the general manager of Light Armor Technology?"

Sun Renjie patted her on the shoulder and said, "No, I don't want to do such unchallenging work. I have more important things to do. Go and cook!"

Sun Renjie, the general manager of Guangjia Technology, was so excited. Other core employees who received strategic placement quotas were equally excited. Everyone in the company knew the value of Guangjia Technology. The minimum amount of this strategic placement was 800,000 RMB.

This income is much higher than the salary.

On the eve of the listing, everyone's work enthusiasm was at its peak, and there was no sign of fatigue when returning to work after the long Spring Festival holiday.

Soon, the prospectus of Guangjia Technology was released. As an IPO that attracted nationwide attention, investors had high hopes for it:
“As of the date of signing of this prospectus, the number and proportion of shares held by each shareholder of the Company are as follows:

Zhejiang A Investment holds 5.0000% of the shares.”

The prospectus shall list the shareholding percentage to four decimal places.

The prospectus announced the company's top ten shareholders, among which the largest shareholder is undoubtedly Chen Yuanguang, the second to fifth are China Investment Corporation, Goldman Sachs, Morgan, Cascade Fund and Musk's investment company, the sixth is Zhejiang A Investment, and the seventh is Shenguang Investment.

Shenguang Investment is the shareholding platform for the core employees of Guangjia Technology.

Guangjia and Chen Yuanguang ranked first, and the little-known investment company Zhejiang Jia Investment ranked sixth. Investors on Snowball quickly found the actual controller of this company through equity penetration:

“The actual controller of Zhejia Technology is Lin Jia, who should be the director Lin Jia listed in the list of executives in the prospectus.

I saw in the director's resume that Lin Jia is female, Chinese nationality, no permanent residence abroad, a bachelor's degree in economics from Jiangnan University, and was born in 1999. She is too young.

Who is this person? He has 5% of the original shares, so he should be a co-founder. How come I have never heard of him before?"

"When Guangjia Technology goes public, its market value must be at least 2000 billion RMB. A 100% stake is worth 23 billion RMB. She is only years old and has a net worth of billion RMB. That's amazing. She should be on the Hurun Richest Women List, right?"

"She also graduated from Jiang University, a woman. Is she related to the God of Light? Is she the God of Light's girlfriend?"

"You still have to follow the right person. If you follow the right person, you can ascend with him."

Soon the public opinion spread from Snowball to Weibo. Weibo is a gathering place for fairies, and Lin Jia is full of explosive points for these Weibo users.

Lin Jia’s net worth of 10 billion yuan quickly jumped into the top five of Weibo’s trending searches and has remained there ever since.

All media outlets are following up urgently. Guangjia Technology has risen too quickly, and it has not yet established good relationships with these Internet platforms and media. They will not help you remove the trending searches at all.

"Look at what happens when you choose the right boyfriend. You can be worth tens of billions in your early twenties."

"Stop fussing about yourself. It's better to fuss about your boyfriend. If your boyfriend is rich, you will naturally be rich."

This topic also quickly became a hot search on Zhihu, and an anonymous user came out to reveal the relevant information:

"I am Lin Jia's college classmate, and I am also from the School of Economics and Management of Jiangnan University in 2019. Lin Jia was not famous in our class because he was too aloof. When he was in the fifth teaching class, he would drive a BMW M series or a Porsche and park it in the parking lot next to Ziqiang Avenue.

At that time, she seemed to be in love with Chen Yuanguang, who was just a nobody in the School of Chemistry and was not a good match for Lin Jia at all. The girls in our school who were jealous of her complained about her behind her back, saying that she had a bad taste.

The family is so rich, but instead of choosing someone of equal status, they chose an ordinary person.

Later, Chen Yuanguang started publishing in Nature from his senior year, and he published in Nature continuously. At that time, public opinion was still reversed. Everyone just thought that Chen Yuanguang had some potential, but didn’t think anything of it, because publishing in Nature could not support Lin Jia.

Later, Chen Yuanguang's business took off. At that time, when we, who were studying abroad, got together, the topic that could not be avoided was Lin Jia's vision. Everyone was curious about how Lin Jia fell in love with Chen Yuanguang at first sight when they were in college.

Now that she is worth hundreds of billions, I think she deserves it. If you bought BTC in 2010, you would be worth hundreds of millions now. This is the value of vision.”

Some students from the School of Economics and Management answered questions anonymously, and naturally some students from the School of Chemistry answered questions anonymously:

"I was in the same class as Chen Yuanguang in the School of Chemistry. Chen Yuanguang was very low-key when he was in college. At that time, we only knew that he wrote online articles and was in a relationship with Lin Jia. Just like what his classmates in the School of Economics and Management said, Chen Yuanguang started to make great efforts in his senior year.

However, from freshman to junior year, Chen Yuanguang was definitely not unwanted, because he had good looks and was tall. I know that there were still some girls in the School of Chemistry who were interested in Chen Yuanguang. These girls gave up on him after he got together with Lin Jia, because Lin Jia was too outstanding, with a rich family, good looks, and good academic performance.

Later, after Chen Yuanguang started his own business, when our small circle of classmates got together, these girls, regardless of whether they were interested in Chen Yuanguang in college or not, all acted more regretful than the other.

He said that if he had known this day would happen, he would have fought with Lin Jia no matter what.

I haven’t asked it yet, I will ask it tonight, and then I will update you all after that.”

　I have to go to work tomorrow, and I feel very heavy. ε=(ο｀*))) Alas

　　
　
(End of this chapter)