By the end of June, Longhua's IPO was not the only progress.
Over at Distance, the results were out as well.
In June, Weibo's plan to go public in the US officially began.
Far away submitted an IPO application to the US Securities and Exchange Commission, disclosing Weibo's financial status and detailed shareholder information.
In addition, the outside world also got wind of it.
Weibo planned to issue 70 million American depositary shares. This was the data disclosed to the public. Far away also gave the underwriter an oversubscription right of 10 million shares.
With Weibo's status and Far away's Li Dong's fame, the price would not be too high, and there would definitely be oversubscription.
Therefore, the underwriter would definitely not let go of these 10 million shares.
After going public, Weibo's total share capital would reach 400 million shares. As for the price range, the outside world had not received any information yet. Only a few companies that were in contact with the major underwriters knew that the price of Weibo's shares might not be lower than 40 USD.
In other words, Weibo issued a total of 80 million shares, planning to raise about 3.2 billion USD.
Based on the price, Weibo's market value was as high as 16 billion USD.
After the Series C financing, Weibo's valuation reached 7.5 billion USD. After incorporating some Tencent business, the outside world re-valued it at 8 billion USD.
Now, excluding the funding for the listing, Weibo's valuation was about 13 billion USD at the last moment before going public.
In the eyes of the outside world, this price was actually not too high.
After all, going public was the time for a company to explode. Weibo's valuation was only 13 billion USD at the last moment before the IPO, and the increase was not more than 100%. It was within a reasonable range and even somewhat underestimated.
Insiders speculated that Far away might adjust the price at the last moment.
Of course, Far away had not reached that time yet. The key was to wait for the US Securities and Exchange Commission's approval. Only then would the biggest hurdle be passed.
Weibo's IPO plan officially began. This speed was actually amazing.
It had only been about half a year since the listing was proposed.
In less than half a year, Far away officially started the plan. It was still going public in the US, and they even submitted an IPO application. This meant that Weibo was fully prepared. Otherwise, companies that were not confident would not submit an application hastily.
…
While the outside world was discussing Weibo, Li Dong returned to Faraway Group.
From the end of May to the end of June, Li Dong really didn't come to the company for a whole month.
When they saw him, many employees were stunned for a moment. Then, some employees couldn't help but shout with joy, "Hello, General Manager Li. I wish General Manager Li a happy wedding!"
"Congratulations, General Manager Li!"
"…"
With the congratulations of the employees, many people knew that Li Dong had returned to the company.
These ordinary employees wouldn't care about the power struggle of the upper echelons, and they wouldn't think that after Li Dong left, someone else would have the opportunity to take over.
They only knew that it was Li Dong who had led them to where they were now, to the world's top 500.
The world's top 500 companies, starting from scratch, and witnessing the birth of a world's top 500 company. Some people would never have such an experience and honor in their entire lives.
So far away, the longest employee had spent five years to witness it.
In just a few months, he witnessed the birth of a miracle.
And the master of the miracle was named Li Dong!
Therefore, when Li Dong returned, it naturally gave everyone a different feeling.
Congratulations came like a tide. Li Dong also smiled and asked Tan Yong to give everyone red packets. He also said happily, "I was too busy before and didn't have time to celebrate at the company. It doesn't matter. It's not too late to make up for it now. And there's still a long way to go. In a few months, the child will be born. We'll celebrate then. "
Everyone quickly congratulated him again. After Li Dong finished talking about private matters, he smiled and said, "The Weibo IPO plan has officially begun to be implemented, and the resumption and restructuring plan of Tencent is also proceeding smoothly.
In a few days, Tencent can apply for resumption.
And before that, our incentive plan will be officially released.
This time, many people can get shares. Work hard, and strive for a few months. We will be full of millionaires with tens of millions of assets and hundreds of millions of net worth!
This year, So far away, there won't be a group of rich people. I'm ashamed.
The next few months are also our harvest season. Everyone, work hard! "
"Okay!"
The scene was filled with joy. Tencent was going to resume trading!
Forget about Weibo. In the beginning, it did not give out a lot of shares. A total of 10 million shares were divided by the management.
Later, before the IPO, they reorganized and gave out another 4 million shares.
But this time, almost all the people from Weibo got the shares. So far away did not get the shares.
It could not be helped. The first time was fine. Now that so many investors had been introduced, and So far away used Weibo's shares to reward people from other companies, who would agree?
Therefore, no one talked about the 4 million shares on Weibo because they could not get them.
Instead, Tencent's 100 million shares were now the target of everyone's attention.
100 million shares was really a lot of shares.
Moreover, the management heard that there were other incentive plans, and most of them chose to give So far away retail shares as incentives.
In this case, most of Tencent's 100 million shares would fall into the hands of ordinary employees, and that was the only benefit they could hope for.
Now, Tencent was going to resume trading. Before the resumption, the incentive plan would definitely be released, which meant that they would soon know who would get rich.
Of course, even if they were to get rich, they could not get the money now.
Although Li Dong had not announced some of the restrictions, even an idiot would know that So far away would have some restrictions. Tencent could not be bought and sold after the resumption of trading.
…
After chatting with the employees for a while, Li Dong entered the elevator.
Upstairs, Bai Su was already waiting at the elevator.
Li Dong was surprised when he saw her. "You are still here?"
Bai Su was depressed and said embarrassedly. "Even if I want to leave, I will have to wait for you to come back. Without your approval, who dares to transfer me?"
"That makes sense. I had forgotten about this. Never mind. I can keep you, but I cannot keep your heart. Furthermore, I have been watching you for so long, and it is time to change your face. I will get tired of watching you for a long time. Go to the human resources department and arrange for a temporary secretary to replace me. You can leave after you complete the handover. "
Bai Su was speechless. Even if I want to leave, you don't have to do this.
Even if I do not want to leave now, I am too embarrassed to say that I will stay.
Bai Su had no choice but to nod. "Alright. I will arrange it later. Oh yes, do I need to send you a recruitment notice?"
"No need. I will do it myself. I will choose a secretary who is pleasing to the eyes. I will go around the company and find a suitable one."
"This …"
Bai Su did not know whether to laugh or cry. Did he mean that she was not pleasing to the eyes?
She could not be bothered to say anything and returned to the topic. "CEO Yuan is waiting for you in the office."
"That's fast."
Li Dong said casually and walked into the office.
When Yuan Chengdao was about to speak, Li Dong pressed his hand and said, "Listen to me first. So far away, is the 10 billion bond issue over?"
Yuan Chengdao immediately said, "It is over. It went smoothly."
"Good. Use the 10 billion for emergencies. Do you know about the recent IPO in Longhua? It is not in a good situation and needs financial support. I have discussed with Hsu Shengzhe and decided to use the 10 billion as an advance payment. Far away can book a batch of shopping malls, including commercial houses. In short, 10 billion as an advance payment is enough to buy one-third of Longhua's assets. Pick the good ones for me and send the money over … "
He said it casually, but Yuan Chengdao was shocked. He said in disbelief, "10 billion!"
And it was an advance payment!
The 10 billion bonds issued by Distance Retail was for expansion purposes.
Now, in order to support Longhua, they gave it all to him.
What about Far away?
Distance Retail did not have a single cent on their books. After Distance Retail received the 10 billion, they did not dare to use it carelessly. They were afraid that they would spend the money, so they kept it for Sun Tao and the others.
Sun Tao and Wang Yue had been working in the South for a long time. The resources in the South were being consolidated very quickly. Soon, they would be able to produce a fighting force.
At that time, it would be time for Fang Yuan to draw his sword.
Without money, why would they show their swords?!
Sun Tao and the rest would be furious if they did not have the funds to expand.
They had been working hard for a few months and were full of expectations. If they did not have the funds to expand, why would the two board members and two Executive Directors stay in Shanghai?
Far away only had a few Executive Directors!
There were only four of them. Li Dong had asked Wang Yue or Sun Tao to withdraw one of them. But because of Li Dong's marriage and the unfinished business in Shanghai, both of them were still there.
But now, Li Dong said that the money would be used to support Longhua!
Yuan Chengdao was shocked. He shook his head and said, "General Manager Li, we have no objections to supporting Longhua. But 10 billion is too much!
Also, in what name should we support them?
Far away will buy shopping malls to increase the proportion of our properties.
But why are we buying commercial houses?
Without a suitable reason, how can we explain to the other shareholders?
Even if they don't participate in the operation, we can't ignore their opinions when using tens of billions of funds. "
Li Dong laughed. "What's the rush? I did not say that we will not get back the money. We will use 10 billion to buy Longhua's 20 billion worth of assets and get back the 10 billion later. Over and over again, we should be the ones making a huge profit. It won't take long … … "
Yuan Chengdao smiled. "Get it back?"
How can we get it back so easily?!
"Consider it as a loan."
"General Manager Li, is it possible? 10 billion is not a small amount. If Longhua wants to get it back, CEO Xu will not agree, and the shareholders and the board of directors will not agree. So, no matter how much CEO Xu promised you, I don't think it is reliable. If we can't get the money back … … "
Li Dong said nonchalantly. "That is also a profit. If we can pay half of the money and get Longhua's 20 billion worth of assets, there will be an increase in the company in a few months. Now, the property market is picking up, and Longhua is hoarding lots of good stuff. Compared to us, Longhua is more experienced, and some of the outlying areas are now flourishing areas in the city. Didn't I say that Longhua is in a difficult situation now? They will not be willing to sell their properties. Now that we have gotten the properties, we will still be making a profit regardless of whether we pay back the money or not. We need the commercial plaza. If the commercial houses are not available, we will sell them later … … "
Yuan Chengdao asked helplessly. "The taxes will be astronomical. Can we earn it back?"
"Of course we can. Of course, it is troublesome to change the ownership, and we will be paying taxes for nothing. What I mean is, isn't Longhua starting to build new buildings? We will keep the commercial houses for a few years, and when Longhua's commercial plaza is in operation, we will use these houses to exchange for the properties. There is still hope to get the money back. If we can get it back, we will be able to get Longhua's 20 billion worth of properties without spending any money. It is worth it. "
"But … …"
Yuan Chengdao still could not accept it. He did not expect Li Dong to give such a plan as soon as he came back.
It wasn't easy for Distance Group to get some money. Was it easy?
10 billion! In order to issue this 10 billion worth of bonds, Faraway Retail spent a lot of effort.
Everyone was waiting to see how Faraway would spend this 10 billion, but Li Dong actually said to give it to Longhua!
Yuan Chengdao took a deep breath and immediately said, "The CSRC will not agree. This money is spent on commercial real estate. There is no way to explain it to them and the public."
Li Dong said angrily, "It is a normal business expansion. Why can't it pass?
Increasing the proportion of self-operated properties is our expansion plan.
Don't give me an excuse. You don't want to spend this money, right?
Set your sights higher. It's just 10 billion, nothing!
Let's not talk about this first. I will talk about it in a meeting later.
Let me ask, how much money has Yu 'e Bao absorbed now? "
It had been almost two months since Yu 'e Bao came online. Li Dong did not have the time to ask during this time.
Although Yuan Chengdao wanted to continue the topic just now, Li Dong asked at this time, so he had to reply, "When we had a meeting two days ago, the result was more than 18 billion."
Li Dong frowned and said, "Only this much?"
"…"
Yuan Chengdao was really tired. When Li Dong was not around, he was used to being the big brother. Although he still had to face the pressure from the outside world, it was somewhat stressful.
But at least, he did not have to be so tired.
18 billion? Li Dong only said that it was so little?
What kind of concept was 18 billion!
Even among all the funds, Yu 'e Bao's purchase funds could be ranked in the top three.
But in exchange, Li Dong only had this much?
In less than two months, with this result, everyone was satisfied, but Li Dong was actually not satisfied!
Li Dong did not care what he thought. He pondered for a moment and said, "It's too little, this money is not enough. Next, continue to promote Yu 'e Bao … "
"What about the bank …"
"We have gotten a lot of licenses, why do we care so much about the bank's reaction?
It's fine as long as it's not against the law.
As for loans, if they don't give loans, then there will be no loans.
Besides, if one party doesn't give loans, there will always be others who will give loans to us. Can we really be united?
Far away has such a good enterprise. If they give us loans, that is called safe and risk-free. Do you think all the banks are the same?
As for collecting debts in advance, I want to see who will collect in advance!
Without a suitable reason, who will collect in advance? Do you think I don't care about them?
If they force me, I won't return a single cent. If they have the ability, auction my business. I want to see who dares to collect!
Collecting the money in advance for no reason, do they really think Far away is a vegetarian?
These are all digressions. Now the country is supporting the Internet financial industry. You should have felt it from the moment we got the consumer finance license.
If they really want to suppress us, we won't be able to get this license.
Therefore, the financial institutions will at most impose some restrictions on us and will not really want to fight with us to the end.
In that case, of course, we have to start our own business.
I gave in previously because the competition with Tencent is right in front of us, and I did not want to ruin the overall situation. On the other hand, it is also because I feel that there is a need to regulate and not play around with the users' funds, so I took the initiative to give in.
Do you think that if I take the initiative to give up on Internet finance?
If I really give up, then what's the point of getting all kinds of licenses! "
Li Dong said, "Now you have a few tasks. First, continue to vigorously promote Yu 'e Bao.
Second, prepare for the Internet loan business, including small loan business, and small and medium-sized enterprise support plan.
Improve the entire Internet finance industry layout. Whatever the bank does, we will do it online.
Third, our credit system will be established soon and officially launched.
These plans will all be completed in November.
Remember, it is already completed, and not rushed to launch in November. There is not much time left for you.
Fourth, keep a close eye on Tencent's resumption of trading and Weibo's IPO. Do not delay.
Fifth, did you forget what I said last time?
I want you to send people around the world to inspect the market and inspect the local retail giants. Give me a detailed report as soon as possible.
All these things must be completed as soon as possible.
Also, make an announcement to the public later. The main idea is that the cooperation between Far away and Longhua will be further deepened. In addition, Far Away has a lot of shares in Longhua, and I hope that there will be more cooperation opportunities and business scope in the future … "
Li Dong gave out the tasks in one go, and Yuan Chengdao was already on the verge of breaking down.
It was fine if Li Dong did not come, but once he came, he left behind so many troublesome things. It was too troublesome!
Especially the Internet finance and Longhua. One had offended many financial institutions, and the other had spent a lot of money.
He had just received 10 billion yuan, and he had not even warmed up to it, and Li Dong was going to support others …
Yuan Chengdao took a deep breath and thought for a while before asking, "Do we continue with the plan in the south? CEO Sun and CEO Wang are now looking forward to getting the funds to expand. "
"Let's stop for now. Don't rush to go online. You can cultivate your inner force first. The integration of resources is not solid yet. Let's wait for a while."
Yuan Chengdao smiled bitterly. "General Manager Li, you should say this yourself. If I say it … I'm afraid that both of you will misunderstand."
He really couldn't say that. The two of them were waiting. If Yuan Chengdao said it, they might think that Yuan Chengdao was the one behind this and didn't want them to succeed.
This was not a good thing. It would deepen the gap between them.
An appropriate competition was fine, but setting up obstacles in the proper business would also make people look down on Yuan Chengdao.
"Okay, I'll say it myself later."
Li Dong looked at the time and said, "We'll have a meeting in a few days. Today, I'll go through some documents. You just need to give me the information that the company has recently collected. The rest is up to you."
"Up to you …"
Yuan Chengdao muttered in his heart, "What should I do?"
Other things?
Is there anything else?
You settled the big things with a few words. In the end, our months of hard work was not as useful as one word from you.
At this moment, Yuan Chengdao really hoped that Li Dong would retire as soon as possible.
With Li Dong around, everyone did not even have the right to refute. This was a very sad thing for Yuan Chengdao and the others.
Li Dong did not know his thoughts at this time. Otherwise, Li Dong would probably have to apologize.
He had thought about it before. He would give up his power in the near future. At most, it would be the end of the year.
But now, it was hard to say. Three to five years was normal.
Yuan Chengdao and the others should continue to endure.
It was good to endure for a few more years. After a few more years, everyone's ability could be seen, right?
What's more, maybe one day he would feel bored. It was normal to leave the company.
After sending Yuan Chengdao away, Li Dong began his usual habit. He sat in the office and looked at some of the information that had been collected Far away recently.
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