Li Dong did not attend the gathering of his classmates. In fact, no one dared to invite him.
As for what they talked about, Li Dong naturally did not know.
If he had heard what Meng Qiping said, Li Dong would have said that he was a wise man.
Far away, the competition was getting more and more intense.
And there were indeed many internal factions. Jiangzhou University, including Wang Jie, had formed a small faction. They were Li Dong's relatives and friends.
Although he did not turn Far away into a family business, these classmates and friends who entered the business were also regarded as Li Dong's relatives and friends.
For professional managers, the existence of these people was not a good thing.
These people relied on their relationship with the boss. Sometimes it was difficult to deal with them, and it was easy to cause some problems.
Suppressing these relatives and friends was a tacit rule.
Li Dong would not get involved. If he could resist, he was an elite. If he couldn't, it meant he was not capable enough.
For him, the so-called relatives and friends were just a part of Far away.
Wang Jie, Qi Yunna, and the others might be closer in private. But from the perspective of the boss of the group, everyone was the same.
Wang Jie, Qi Yunna, Bai Su, Cheng Nan, and the other university students of Jiangnan who had entered Distance were now under great pressure of competition.
These people were definitely tired. If they made any mistakes, they would definitely be demoted.
But the fatty was desperate. He was only a Level 1 employee. There was no way he could be demoted.
If Li Dong did not say anything, the others would not dare to fire him.
Besides, Level 1 employees did not pose any threat or have any prestige. People like that had to be taken care of and roped in.
The fatty's fast food could monopolize the Far away park. Far away Technology helped him build the website for free. Without the approval of the top management, how could it be so smooth?
But as Li Dong's classmate, and they were in the same dormitory, this guy did not fight for power or profit, nor did he get involved in the company's business. He just wanted to make some money. Who would stand in his way?
There were only so many positions in the top management. If one more person competed, everyone would have less hope.
Now this guy did not pursue this aspect. As for other small things, as long as they did not affect the interests of the group, everyone would turn a blind eye.
Does it matter who delivers fast food?
It was just building a website. Far away had a lot of experience and talents. They just had to help out casually and it would be done. Who would criticize them for this?
In the long run, Fatty was far away from home, but he was very popular.
However, the others were different. In such a large group, the competition was fierce. Who didn't have an opponent?
But Fatty didn't. He earned money and was relaxed. Although he couldn't compare to those executives, compared to others, he could be considered a millionaire.
At the same time, because of Fatty, very few people even targeted Cheng Nan.
Cheng Nan might not be able to see through these principles, but Fatty was well aware of them in his heart.
The root of all this was because he had a good relationship with Li Dong, and he did not participate in the competition of the group.
On the other hand, if he had tried to climb up from the beginning, not to mention whether he could climb up or not, even if he really climbed up, he would probably be similar to Wang Jie, Bai Su, and the others, almost all alone, and have to face crisis at any time.
He earned a lot of money, but it was not as comfortable as it was now.
You could say that he had no ambition, or that he was lazy, but most of the time, Li Dong also felt that it was not necessarily a bad thing.
At least sometimes, the life he dreamed of was not much different from Fatty's.
Of course, everything Meng Qiping said, Li Dong did not know.
He also knew about Meng Qiping's demotion, but he was too lazy to care about it. He just let that guy continue to fool around.
Far away, a Level 1 employee only had a monthly salary of more than a thousand. He was now waiting for that guy to resign. If he didn't resign, he was too lazy to care. No one would care about a thousand dollars.
Li Dong would definitely not tolerate raising a senior executive who did not work.
But spending a thousand dollars to raise a graduate of Jiangzhou University, even if Fatty really did not work and was no longer friends with him, Li Dong felt that it was not a loss.
At least he could do some work. Sometimes, when there was a shortage of manpower, this guy could be used as a middle manager. It was not a loss.
…
In the conference room.
At this time, Li Dong naturally did not remember about Fatty.
Dong Yu had officially started to integrate, and the process of going public had officially started.
And some things were also put on the agenda.
For example, how many additional shares should be issued for this listing?
The more shares issued, the better. On one hand, it was difficult for the market to digest, and on the other hand, it would dilute the shareholders' shares.
As a company that might have a market value of more than a trillion, there were many things that needed to be measured.
But it was not good to issue fewer shares. The amount of financing would be low, and the market circulation would be low, which was not good for the future development of the group.
Although Li Dong did not personally pursue the amount of financing, from the perspective of the group, the more financing, the better. No company would complain about having more money.
According to Yuan Chengdao's idea, it was good enough to issue ten billion shares for this listing.
Including the additional shares that were issued internally, Far away's total share capital would reach 54 billion shares after the listing.
But Chen Lang and the others felt that issuing ten billion shares was too much. Far away Holdings currently held 33 billion shares of the retail group.
After issuing ten billion shares, their shareholding ratio would drop to 61%. This ratio was not considered low, but it was not the main reason.
The main reason was that according to everyone's expectations, the issue price of ten billion shares Far Away would not be lower than 15 RMB.
That would be 150 billion in financing!
Could the market digest Hua Xia?
Even if most of the shares were digested by financial institutions, the public sale would be at least 30% of the shares, and they would have to raise close to 50 billion from the market.
In the past two years, the market in China had been scared by the stock market, and it would be very difficult to raise 50 billion from the retail investors.
Once they issued too many shares, there might be a lot of trouble in the end.
Hence, Chen Lang suggested to issue six billion shares, and the total share capital would reach 50 billion.
Digesting six billion shares would be much easier than ten billion shares.
Also, only 12% of the shares would be released to the public. Far Away Holdings would be very stable.
Far Away Holdings still had quite a lot of funds, and if they raised too much money, the effect would be limited. It would be good for the market to have a sense of shortage, and it would be beneficial for the future development.
As the current controller of Far Away Holdings and the future Senior Vice President, Yuan Chengdao had to consider Chen Lang's suggestion carefully.
There was still a huge difference between issuing ten billion shares and issuing six billion shares.
Also, they had to consider the wishes of the other shareholders. If they issued too many shares, their shareholding ratio would be diluted again, and not everyone would be happy.
After all, they would not be able to get the money from the financing.
From the shareholders' point of view, issuing six billion shares was actually better. There were fewer shares in the market, and the price would definitely be higher than issuing a large number of shares.
In the end, their shareholding ratio would be higher, and the value of the shares in their hands would not be lower than the diluted shares, and their dividends would be higher.
But if the number of shares issued was low, the amount of financing would be low, and it might even cause the circulation of Far Away Holdings to be difficult …
In short, both parties discussed this matter for a few days, and they even consulted many organizations for their opinions. In the end, they decided to let Li Dong make the decision.
The other issue was the underwriting syndicate. Distance Retail was huge, and the underwriting syndicate required the cooperation of many institutions. The choice of institutions to participate in the syndicate and become the lead underwriter were all related to the interests of Li Dong. Li Dong had to make the decision.
After listening to everyone's reports, Li Dong thought for a moment and said, "Let's talk about the underwriting group first. This time, we are going to list A shares, so we will naturally consider domestic investment banks and brokers.
Our IPO is very large, and there is actually no need to fight for anything. This is not something that one or two companies can handle.
"The top ten brokers and investment banks in the country can all join if they are willing. Of course, the fees must be kept to the lowest.
"Far Away Holdings' reputation is here, so it is actually not difficult to underwrite Far Away Holdings' IPO.
"Previously, our plan to raise 300 billion was successfully completed, let alone listing. It will only be easier.
"There is no need to fight for this. As for the lead underwriters, CICC, CITIC, Bank of China, China Merchants Securities, Jianyin Securities … these few will bear the responsibility together."
The first few were still okay, but Jianyin was able to snatch the position of lead underwriter even though it was not strong. Everyone looked at each other and then did not say anything.
Jianyin was not strong, but China Construction Bank was strong. In recent years, it had close business with Far Away Holdings, so it was not surprising that it became one of the lead underwriters.
These were not big things. If the top ten brokers were all in one fell swoop, it was believed that they would not reject Far Away Holdings' IPO underwriting.
Seeing that no one refuted him, Li Dong continued, "As for the number of shares to be issued, let's do as Mr. Chen said. Six billion shares.
With the continuous issuance of additional shares, the other shareholders' shares have been diluted to the limit.
If it continues to be diluted, these people might really be dissatisfied.
"Another six billion shares will be easier to digest. After Far Away Holdings is listed, it will still hold 66% of Far Away Holdings' shares.
"As for Tencent, it will also hold 3% of the shares.
"This way, the entire group will control 69% of the shares, more than two-thirds of the shares. I don't ask for this in other companies, but Far Away Holdings is our foundation, so I think it is still necessary.
"As for the specific issue range, we still have to discuss with the underwriters.
"However, in principle, it should not be lower than 15 yuan per share. The increase of A shares is limited, and it is difficult to create a particularly high increase.
Far Away Holdings' fixed assets and cash flow are more than 400 billion, which is set low and not in line with our expectations.
15 yuan is the base, but of course, it cannot be too high. 20 yuan is the upper limit.
As far as the issue price is within this range, it is more in line with our interests.
"As for the exact amount, you can discuss with the other party.
"As for the specific operation, you can go and handle it. It is almost the New Year. Before the end of the year, settle everything that needs to be settled.
"After the New Year, we will officially start preparing to go public.
"After the New Year, it will be the middle of February. When we go to work, it will be the end of February. Soon, it will be March.
"If all goes well, we will go public around May. If there is any delay, we will have to wait until the end of the year.
"I don't want to drag on for too long, so everyone should be more efficient.
"This year, we are done …"
Before he could finish his sentence, everyone turned to look at him.
Li Dong coughed and interrupted his catchphrase. He changed the topic and said, "Also, we should focus on the retail business. The other businesses cannot be delayed.
"Tencent, WeChat will continue to develop new functions. Although WeChat is now the largest mobile communication software in Hua Xia and even the world, I heard that everyone has been slacking recently, and some messy plug-ins have been released.
"The highlight of WeChat is that it is simple and concise. Don't add unnecessary things.
"Also, I heard that there is a trend in WeChat Moments, which is what you call WeChat Business.
"We need to strengthen management. It is not appropriate to cut off all these things, and it is not a good thing to ignore them. I do not want WeChat to become an advertising platform.
"Proper guidance and standardization will be beneficial to the development of new businesses.
"In terms of logistics, the next step is to expand the scale of e-commerce logistics. Another point is to start preparing for the Central China's big business circle strategy.
"Also, in terms of Wan Tao …"
Li Dong raised some simple questions and did not give excessive guidance on what to do. He mainly left it to the management of the various departments to do it themselves.
After all, some things were developing very fast now. He had lost his perspective. Sometimes, a wrong decision could easily lead to disastrous consequences.
Because of this, Li Dong could only develop step by step, one step at a time.
…
After the meeting, when Li Dong arrived at his office, he saw Bai Su and his new secretary chatting in a low voice.
They were still discussing until Li Dong walked to them. Li Dong coughed lightly, and the two of them trembled.
Recognizing Li Dong's voice, the two hurriedly greeted him.
Li Dong also knew that Bai Su was back, so he was not surprised. He smiled and said, "What are you discussing? Why are you so focused?"
Bai Su quickly smiled and said, "The Forbes World's Richest List has just been updated. I chatted with Assistant Zhang for a while. I will send a copy to you later."
"Okay. Help me make a pot of tea while you are at it."
Li Dong did not ask again and went straight to the office.
After he left, the new secretary was a little surprised and said, "Director Bai, does General Manager Li also read these?"
Bai Su glanced at her, and after a while, she smiled and said, "Sometimes."
She did not say much, but she still felt a sense of superiority in her heart. After all, these newcomers had missed the period when Li Dong rose to power.
They did not know Li Dong as well as they did.
Who said that the boss liked to read documents?
Who said that the boss really did not care about the ranking?
Although he was definitely the first, Bai Su remembered that Li Dong often took a pen and wrote and drew, calculating how much money he had and whether Forbes had calculated his wealth wrongly.
These people probably did not have such an experience. They did not see Li Dong's serious face when calculating the accounts, and they did not see Li Dong's angry face when his wealth was calculated too high or too low.
Thinking of this, Bai Su's sense of superiority rose again.
Of course, this sense of superiority was very unreasonable.
But Bai Su felt that she was different from others. Even Liu Qi was different from her. At least she had seen Li Dong sleeping on the desk and drooling. Liu Qi did not see it, right?
With this sense of superiority, Bai Su took the printed paper and carried the teapot into the office.
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