Chapter 1312 [Bionic Power and Jiutianxing.com's IPO]

The next day, Friday.

Fang Hong was watching the trend of the New Securities 50 Index in the trading room on the second floor of the villa. After a while, he took out his phone and called Tian Jiayi in the company: "Arrange it immediately, and adjust it to 2601.99 points. You can change the market and pull it up today."

This point is the position that Fang Hong recognized. His arrangement also means that the adjustment of the New Securities 50 Index this time will be 2601.99 points.

After a simple instruction, Fang Hong hung up the phone. He immediately logged into his personal Weibo account and quickly edited a short line of text and posted it:

[Everything is as expected, everything is under control, and everything is normal. 】

Fang Hong's personal Weibo updated the dynamics, which quickly attracted onlookers from all sides. People from all walks of life outside saw these short 21 words. Anyone with a discerning eye knew that this was a response to the recent collective blacklisting of the American Galaxy.

The outside world was shocked. This Weibo post was just 21 words, but every word was worth a thousand gold. The information released between the lines was extraordinary.

That was the confidence and calmness that came to the face.

One was expected, telling the outside world that the stars had been prepared for a long time, one was in control, telling the outside world that this matter would not cause any waves, and one was normal, telling the outside world that this matter would not have any impact on the stars.

Looking around, facing the huge pressure from America, only Fang Hong and the stars could show such a confident and calm attitude.

If it were any other company or entrepreneur, facing this situation, they would have already become ants on a hot pot, jumping up and down.

Fang Hong's 21 words also gave great confidence to the capital market. At this moment, the stock market was opening, and the trend of the New Securities 50 Index also changed its sluggish trend and gradually emerged from the volatile upward market.

Soon after, the trend began to accelerate upward, because Pengrui Capital, which received the news, began to work. The funds of this institution entered the market first, followed by Zhongtai Capital. At present, Fang Hong did not let the stabilization fund take action.

At around 13:50 in the afternoon, the main funds entered the market to do more obviously. The SGX 50 Index began to rise with volume, showing a trend of rising volume and price. At the same time, the main boards of the two neighboring cities were also brought up.

As of 15:00, the three major A-share trading markets closed in the red, with the SGX 50 Index leading the way, up +2.63% after the market, at 2681.97 points; the Shanghai Composite Index closed up +0.55% after the market, at 3289.99 points; the Shenzhen Component Index closed up +1.24% at 10935.06 points.

The total transaction volume of the three major trading markets was 764.5 billion, of which the SGX market accounted for 391.6 billion, which was 18.7 billion more than the transaction volume of the two neighboring cities combined.

The current transaction volume of the SGX market cannot be compared with the SGX market by taking out the Shanghai and Shenzhen markets next door alone. In many cases, even if they are counted together, they cannot match the transaction volume of the SGX market alone.

Obviously, this is just the beginning. The current trading volume of the SGX market occasionally exceeds that of the Shanghai and Shenzhen stock markets next door, but it will not be long before it changes from "occasionally" to "often" and finally completely widens the gap.

…

In the afternoon, at Jingxinju Villa.

Tian Jiayi, who came back from the company, found Fang Hong and handed him the two materials he brought back: "The listing of Bionic Power Company and Jiutianxing Network Company has been put on the agenda, and it is planned to be listed on the SGX market on Friday, January 19, 2018."

It was just over a month later, and Fang Hong took the materials and browsed them. It turned out to be the preparations for the listing of these two companies.

The IPO valuation of Bionic Power Company was 122 billion yuan, with a total share capital of 3.953 billion shares, and 536 million shares were issued, accounting for 13.56% of the company's total share capital. The issue price was determined to be 30.86 yuan per share, and the initial public offering raised 16.543 billion yuan.

From now on, the company basically no longer needs blood transfusion support from its parent company. The export military sales order it won some time ago not only recovered all the operating expenses and R\u0026D expenses of the company since its establishment, but also earned an additional profit of more than 20 billion yuan.

This year can be said to be a turning point for Bionic Power Company, because it made money this year, and it was a big profit.

In addition to the more than 16.5 billion yuan raised from the capital market, it is enough to put Bionic Power Company on the right track and achieve a self-sustaining blood cycle.

There will definitely be a lot of foreign trade orders in the future. The things were sold to Yin Lang. The products of Bionic Power Company will definitely be the first to spread in the Middle East within three years. Xiao Lang bought them back not to look at them, but to fight sooner or later, and the demand will increase further at that time.

Jiutianxing.com's IPO valuation is 187.5 billion yuan, with a total share capital of 12.042 billion shares, and 2.055 billion shares were issued, accounting for 17.06% of the company's total share capital. The issue price was determined to be 15.57 yuan/share, and the initial public offering raised 32 billion yuan.

The company is still operating at a loss, and it will be difficult to turn losses into profits in the next three years because the operating expenses are too high. At the current stage, it is frantically "enclosing land" in space, that is, grabbing scarce orbital resources. Those unowned orbits are based on the principle of first occupancy. Whoever puts a satellite up first and occupies that orbital resource will own it.

Now Jiutianxing.com is frantically sending satellites up, using a large number of low-cost small satellites to occupy scarce orbital resources.

Although the cost is low, a small satellite still costs one or two million yuan. Jiutianxing.com's goal is to occupy more than 100,000 scarce orbital resources. At a cost of 2 million per satellite, the cost of occupying the pit alone is about 200 billion yuan.

Moreover, the service life of these satellites is not long, only about two to three years. If the service life is designed to be longer, the cost will have to be raised. The current design life and cost are already the relatively optimal solution.

Just occupying the pit with a huge amount of 200 billion yuan can only last for three years. After three years, the previous satellite will be scrapped, and a new satellite must be sent to fill the position. If there is no satellite in the orbit, the orbital resource will become ownerless, and others can legally occupy it.

Therefore, the cost of occupying the pit is a rigid expenditure. Even if the technology iteration and cost are further reduced in three years, even if the very optimistic estimate can halve the cost, it will still require hundreds of billions of expenditures.

This money must be paid, and the expenditure cannot be reduced. It is necessary to occupy the target number of 100,000 scarce orbital resources in order to collect rent smoothly in the future.

Fang Hong had already established the allocation of scarce orbital resources in space. Jiutianxing.com has more than 70% of the shares, and has occupied the most high-quality scarce orbital resources, while Elon Musk's company has about 25%.

It cannot occupy all of them, otherwise it will anger everyone. Including Elon Musk in the partnership is also to prevent America from taking the lead in overturning the table. If the table is overturned, the game will not be able to continue.

With such a distribution pattern, Jiutianxing.com, as the leader in the field, can be very happy. Elon Musk's company has something to eat. Compared with Jiutianxing.com, the share is definitely less, but in fact it is not less.

In this way, America's impulse to overturn the table can be reduced as much as possible. After all, it is still on the card table, and Lao Mei will not be without cost if she really overturns the table.

If Lao Mei is held down, others will not be able to make any waves. After all, "enclosing land" in space is a highly technical job. There are only five people in the world who are capable of doing this, and two of them are just making up the numbers.

In fact, the only ones who really have the technical ability to play this game are the top three regulars, Rabbit, Eagle and Goose.

But Goose has the technology but can't afford it, because lack of money is also an unavoidable flaw. With the current economic strength and family background of Goose, it can't even afford the expenses of occupying the pit, so what's the point of playing, so Goose is actually out of the game.

The only ones who really have the ability to play and can afford it are Rabbit and Eagle.

However, Goose will definitely be very unhappy at that time, but this problem is not a big deal. Fang Hong has already considered this aspect. At that time, he will discuss with Elon Musk and give Goose a green light and special treatment. Goose can give him some scarce orbital resources for free if he needs it.

As one of the top three regulars, he is fully qualified to deserve such special treatment, and with the economic situation of Goose, it doesn't need much orbital resources. Giving Goose a special treatment and a green light in exchange for him not making trouble is definitely a good deal.

As for others, if they want to develop in the space field in the future, they have to pay money and rent.

…