At 3pm on December 29th, Li Dong and the rest arrived at Pingchuan.
Just as Li Donggang returned to Pingchuan, GOME made an announcement to the public that it would issue six billion new shares.
It was called a public issuance because there were two forms of issuance.
The public one was naturally for the public.
The other was private issuance, also known as private issuance.
Under normal circumstances, the fight for shares was more suitable for private issuance, specifically targeting a few investors.
In fact, Gome's previous issuance of 9 billion new shares was considered a private issuance. All of it was handled by Li Dong and Huang Guangyu.
However, the two parties refused to budge an inch with the targeted additional issuance. No one was willing to compromise.
At this time, private issuance would not have any effect.
Moreover, the issuance of new shares was not unlimited. Private issuance could not determine the winner. They could only resort to public issuance. This way, it would be more beneficial for all shareholders.
In private, no matter how fierce the fight between the two companies was, there would be a limit.
However, once the fight in the secondary market was intense and the overall share price rose, it would be a good thing for shareholders and individual investors.
This was equivalent to the two companies using their own money to pay for all shareholders. No one was unwilling.
The moment Gome's announcement was released, it caused an uproar.
The reason for the uproar was: First, it was too fast!
Second, it was an opportunity to make money!
External institutions and individual investors had no chance to participate in private issuance. Naturally, it would not make money.
However, it was different now that it was a public issuance.
There was no lock-up period for public issuance of new shares. Like ordinary shares, they could be traded at any time.
Li Dong and Huang Guangyu were obviously taking the opportunity to fight for control of Gome.
At this time, ordinary investors would apply for shares. Once they succeeded, it would be no different from a new issuance. The share price would definitely rise!
Of course, this was not a 100% success.
Once one of the two companies gave up the fight for shares, Gome's share price would return to normal.
However, from the looks of it, both companies had no intention of giving up.
Old Huang could not give up. Li Dong was also a domineering person in the outside world. At this time, Li Dong's investment was huge. He could not give up.
Therefore, as long as he could subscribe for the new shares, he would definitely make a profit.
On the day of the issuance of new shares, there would be no limit for the price to rise, just like any other ordinary company. The battle on the first day would definitely be the fiercest.
It was inevitable that the stock price would soar that day.
However, there was another message in Gome's announcement.
The original shareholders have the priority of allotment.
Priority allotment means that when new shares are issued, the original shareholders can obtain a portion of the shares at the issue price.
This ratio was equivalent to the shareholding ratio.
This was a common rule used by almost all listed companies. The purpose was to prevent dilution of the original shareholders' equity and to cause losses to the interests of shareholders.
On the other hand, it was also to prevent the new shares from going unattended, which would lead to a huge loss for the entire listed company.
Now, six billion new shares had been issued.
Gome's placement ratio was as high as 60%, which meant that 3.6 billion shares would be prioritized for placement.
Based on Li Dong's shareholding ratio, if he exercised the right of first refusal, he could obtain about 1.3 billion shares at the issue price.
As for the Huang family, they would have priority in obtaining 1.5 billion shares.
As for the other shareholders, JP Morgan Chase would have priority in obtaining about 200 million shares.
It was up to the other shareholders. If all the shares were used, the 3.6 billion new shares would not enter the market.
The remaining 2.4 billion new shares would only appear in the secondary market.
If the other shareholders did not place their shares, other than Li Dong and Huang Guangyu, there would be 600 million shares left. A total of 3 billion new shares would enter the market.
…
The announcement did not mean that Gome could resume trading immediately.
Releasing an announcement in advance was a necessary procedure for listed companies. After that, Gome still had to wait for the approval from the Hong Kong Stock Exchange. After that, Gome had to choose an underwriter and conduct a roadshow before it could issue new shares.
During this period, there was still a subscription process.
But this was normal. Companies had to increase their share prices in order to obtain better profits and to increase their share prices …
After that, there would be a roadshow to attract investors.
Currently, Gome did not need all these.
Li Dong and Huang Guangyu could not wait for no one to buy their shares. Why would they need to conduct a roadshow?
A roadshow was not necessary, and it could be done according to the company's own will.
But in the past, almost all companies had conducted roadshows. After all, the purpose of getting listed or issuing new shares was to obtain more profits and higher share prices.
To attract investors, this was a must.
That was in the past. But now, Gome had skipped this process. Old Huang, Li Dong, and JP Morgan Chase's shares had exceeded 80%.
If they did not conduct a roadshow, it was useless even if the other shareholders agreed.
Suddenly, the news that Gome will not conduct a roadshow spread, and many investors were dumbfounded!
This share war had created many miracles.
Li Dong had seized power quickly, and the Huang family had fought with all their might. Gome's share capital had increased again and again.
Now, the issuing of new shares had broken the established procedures!
Once the Hong Kong Stock Exchange approved, Gome will resume trading and issue new shares immediately!
Apart from other things, this new share issue was definitely the fastest in history!
Moreover, the two sides had been fighting from the inside to the outside, and there was almost a war between the two old business groups. It was really a miracle.
Although Gome did not choose to conduct a roadshow, it did not mean that no one was interested in the new shares.
On the contrary!
What made other companies preparing to go public jealous was that even before the Hong Kong Stock Exchange approved, countless investors and shareholders had already poured into the trading hall, waiting for Gome's new shares to go public.
Even if it was extremely difficult to apply for shares, individual investors and capital institutions did not mind taking a chance.
It was obviously a profitable business, and they would be fools not to enter.
On the 29th, as soon as Gome's announcement was released, people from all walks of life in Hong Kong were calling on the Hong Kong Stock Exchange to be efficient and arrange the resumption and application time.
Everyone couldn't wait any longer!
…
Pingchuan.
Li Dong, who received a call from Chen Lang, hung up the phone and couldn't help sighing. "They are all like hungry wolves smelling blood. We are so low-key that we don't even have a roadshow. Why are they so excited?"
If Li Dong's words were spread out, other companies preparing to go public would cry.
They were eager to cause a sensation when they went public, so that countless investors would crazily rush to get their shares.
But even if they shouted hoarsely during the roadshow, the companies that went public in 2008 were not doing well. Sometimes the new shares didn't even reach the basic subscription amount, and the shareholders had to support them.
As for oversubscription, it was common in previous years, or it could be said that almost all the companies that went public in the past were oversubscribed.
However, due to the impact of the general environment in 2008, there were oversubscriptions, but the amount was limited, and there would not be more than ten times or even dozens of times.
But this time, as the shareholders, the two companies hoped that no one would come to rob them, and they hoped that no one would see it.
This was probably the only one among the listed companies in recent years.
Li Dong sighed with emotion. Shen Qian also felt a headache and said, "It's a little troublesome this time. If there are too many oversubscriptions, the winning rate will be greatly reduced. In this way, we can't meet our expectations unless we prepare hundreds of billions of funds. If not, we will have to fight in the secondary market. "
This time, there were 2.4 billion shares entering the secondary market, and according to Li Dong and Old Huang's agreement, the issue price is 1 HKD.
That means if only one institution participated and paid 2.4 billion HKD to subscribe, all the new shares will belong to that institution.
But if the subscription amount reached 4.8 billion HKD, then only one out of two shares will be chosen.
If the subscription amount reached 24 billion HKD, the probability of getting the shares will be 10%.
As the subscription amount increased, the probability of getting the shares will be lower.
Li Dong and Old Huang do not have so much money, and they will not stop others from entering. After they bought the shares in the primary market, they will not get a lot of shares.
In the end, investors could only trade in the secondary market before they could buy back the circulating shares.
Li Dong sighed. "I had expected this. If it's so easy, we don't even need to raise funds. We can just buy all 2.4 billion HKD. We know it's not so easy, and that's why we have to prepare more money. It's not easy to do things these days. Why do the investors want to invest in Gome? "
Shen Qian does not know if she should laugh or cry. She does not know if she should sympathize with Li Dong.
Which listed company does not want their shares to be oversubscribed? This shows the public's approval of the company, and it is a sign of the company's potential.
As the share prices rise, the company's market value will also increase.
If the value of Gome can double, the value of Gome will exceed its peak, and the market value will reach 70 billion HKD!
If there is no fight for the shares, everyone will be laughing at Feng Yu.
But now, Feng Yu is having a headache.
But it's normal for the market to be so popular. Shen Qian did not continue this topic and changed the topic. "Are we going to the company or the Provincial Party Committee Compound first? We will go to your house at night."
Shen Qian does not want to continue this topic, and Li Dong also does not want to talk about it.
Anyway, the Hong Kong Stock Exchange had not given their approval, and the subscription date is not set. As for how many shares they can get in the primary market, they will think about it later.
If they cannot get the shares, they will have to fight in the secondary market.
Li Dong thought for a while when Shen Qian asked about going home. "Let's go to the company first, and we will have dinner together at night. I need to call my parents to make sure they are prepared."
This new daughter-in-law is nervous, and her future in-laws are also nervous.
Li Chengyuan and his wife had to make some preparations in advance so that they wouldn't be caught off guard.
… …
Dongfang Fishing Village.
Not many people know about Li Chengyuan and his wife's identity. They used to boast about their son when they were in Dongping.
However, ever since Li Dong ascended to the position of the richest man, the couple no longer mentioned who their son was.
But Pingchuan is Li Dong's home base, and Li Dong's reputation is unparalleled here.
Gome's announcement immediately caused a heated discussion among the people.
Even those who do not invest in the stock market are talking about it.
It is not dinner time yet, so there are not many guests in the restaurant. Most of them are gathered in the hall.
Cao Fang walked through the lobby and heard someone say from time to time, "Can Hong Kong stocks be traded in the mainland? When will the subscription start? Let's raise some money to subscribe and make a lot of money! "
"We have to go to Hong Kong. We can't do it in the mainland."
Now that the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect have not been launched, there is no way to directly trade Hong Kong stocks in the mainland. If you want to subscribe, you have to go to Hong Kong or entrust an agency.
But for ordinary people, the agency is too far away from them.
Many people felt deeply regretful when they heard this and said helplessly, "It's a pity. It would be great if it was listed in the mainland. The battle between Li Dong and Gome is like picking up money. If we subscribe to more than 100,000 shares, we can make at least tens of thousands of yuan, or even double it. It's a waste of opportunity. "
"That's right. This is Gome. I really hope that Far away can be listed in the mainland. At that time, I have to buy Far away stocks even if I have to spend all my money. Just with the name Li Dong and the fact that he is one of us, we will definitely make a lot of money. "
"Far away is too far away. Let's talk about Gome. I don't know if Li Dong can win in Gome this time."
"I'm 100% sure! Don't you know? I heard that Jiangbei's business community has started to raise funds again and is going to subscribe for new shares in Hong Kong to help Li Dong win the controlling stake in Gome! "
"Is that true? This time, Jiangbei is going to be so awesome. I'm excited just thinking about it. Why don't I go to Hong Kong for a trip and buy some shares on the way? Maybe I can help Li Dong. "
"Come on. This is a battle of billions of yuan. With your little money, you won't be able to make a profit. But if you can really buy shares in Hong Kong, you will also make a profit."
"…"
Everyone's topic was "Li Dong", "Gome", and "buying shares."
Cao Fang didn't know much about stock trading. There were some terms that she didn't know at all.
But she knew that her son seemed to have done something big this time. He wanted to buy Gome Electrical Appliances back.
It was said that Gome's people didn't agree, so her son spent tens of billions of yuan to buy it. Now it had caused a national sensation.
Thinking about these things, she walked to the counter and saw her niece, Cao Yu, doing the accounts. Cao Fang couldn't help but sigh, "What's wrong with Dongzi? It's fine if they don't want to sell it, but he has to spend so much money to buy their company. I know Gome. We also have their stores here. But I don't know what Dongzi is thinking by spending tens of billions of yuan on such a small thing. "
Cao Yu didn't understand these things in the past, but she had learned a lot in the past few years. She smiled when she heard that. "Aunt, you don't understand. Dongzi is going to do something big. In the future, Gome will be Dongzi's. Even Suning will soon be Dongzi's. Sooner or later, all the supermarkets and electrical appliances stores in the country will be Dongzi's. When the time comes, Aunt, you can just go to the store and get it. You don't even have to pay. How great is that? "
Cao Fang snapped, "What nonsense are you talking about? Why would I go to the store to get something for no reason? Oh right, Ah Yu, what's this subscription they mentioned? From what I heard, it can help Dongzi. Do you understand? "
Cao Yu didn't fully understand, but she still managed to explain, "In any case, Gome wants to sell new shares. Whoever buys the most wins. Right now, Dongzi has fewer Gome shares than the Huang family. If he wants to buy more than the Huang family, Dongzi will win. "
"That's it?"
"Well, that's about it."
"Then I still have a lot of money. Tell me, I'll buy some. When Dongzi has less, I'll give it to him. Won't we win?"
Cao Yu said helplessly, "Aunt, you only have a little money. They have stocks worth tens of billions. Your little bit of money won't be of any use. "
Cao Fang shook her head and said, "You can't say that. You said that Dongzi will win if he has more shares. Even if I buy one share, maybe Dongzi will be short of it. "Call your brother. Didn't he invest in stocks with Dongzi before? I heard that we have to go to Hong Kong to buy stocks. Ask your brother to take the money to Hong Kong to buy stocks. We can't let Dongzi lose. "I heard that if Dongzi loses this time, he will lose tens of billions. I don't feel at ease thinking about it."
Seeing that her aunt insisted, Cao Yu had no choice but to call Cao Feng.
At this time, Li Chengyuan also came over. When he heard Cao Fang's words, he couldn't help but say, "I still have some money. If it doesn't work, let's mortgage the restaurant first and get some money from our acquaintances. This kid is doing big things now and doesn't even tell us. I can't sleep well these days. I have to teach him a lesson later! "
When Cao Fang heard this, she didn't care about the latter part. She raised her eyebrows and said, "How much money do you have?"
"More than 200,000 …"
"Good, Li Chengyuan! I handle the restaurant's accounts. You actually hid so much money! Tell me honestly, what do you want to do with so much money? "
Li Chengyuan was speechless. Is this the time to care about this?
While the couple was talking, Cao Fang's cell phone rang.
Seeing that it was her son's number, Cao Fang rolled her eyes at Li Chengyuan and snorted. "I'll teach you a lesson later!"
After picking up the phone and chatting for a while, Cao Fang hung up and said anxiously, "We're done for! Dongzi will bring the Shen girl back tonight! "
"Tonight?"
Li Chengyuan was also stunned for a moment, then said, "So what if he comes back? It's not like I haven't seen him before …"
"What do you know! The Shen girl is Secretary Du's daughter. You didn't see it. The last time our district mayor's daughter came to our place for a meal, she was impressive. Secretary Du is much taller than the district mayor. It was fine in the past, but not now. No, we will embarrass Dongzi if we continue like this. Don't wear these greasy clothes and make a fool of yourself. Change your clothes, I will take you to get a haircut and buy a new set of clothes. I will also do my hair and buy some groceries … Oh no, I forgot to ask Dongzi, what does the Shen family's girl like to eat! "
Cao Fang was so anxious that she spun around on the floor. Li Chengyuan was speechless.
However, he still took off his chef's uniform. It wasn't easy for his son to settle down. He couldn't embarrass his son by bringing his wife over for a meal.
As for buying a new set of clothes, Li Chengyuan, who was usually reluctant to spend money, didn't care this time.
He could use it this time. The next time he went to Beijing to meet Secretary Du, he could also use it. It wasn't a waste.
The couple was busy and didn't care about Gome's matter for a while. At this moment, nothing else was more important.
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