Chapter 368 [Advancing ATL's listing on the GEM]

Jingxinju Villa, afternoon.

Tian Jiayi returned home, entered the villa and saw Fang Hong in the living room, and immediately walked over slowly, "Have you read the latest news? Apple kicked ATL out of the supply chain, which should be acquired from us." ATL may be directly related."

When Apple announced the termination of its cooperation with ATL, it only said that the company's internal adjustments were made, and it did not say that it was because ATL was acquired by Qunxing Capital.

But there are some things that everyone knows in their hearts even if they don't say it.

This is revenge.

"This operation of Apple has more or less 100 million points of resentment, Le..." Fang Hong couldn't help laughing and teasing, Tian Jiayi sat down beside him, glanced at Fang Hong and said, "It seems that you are not worried at all. The voices are not very optimistic about the future of ATL, especially at this time when it will lose Apple, a major customer."

"Those outsiders know a basket." Fang Hong dismissed it, and then said: "ATL has its own core technology and competitiveness, plus it has a super-large-scale market. No matter how hard it is, it won't starve to death."

There is no Apple customer, but there is one more Xingyu Technology.

Moreover, Fang Hong is not worried at all, because after Joe's gang leader leaves and Cook takes over, Apple is likely to find ATL to supply again, especially after the Samsung battery explosion incident in a few years, ATL's products will be even more interesting when compared. Fragrant.

Cook is the "Performance King". After he took over, Apple has been criticized for being inferior to one generation after another, but Apple's performance is worse than one year, and it makes no sense to make money.

As long as ATL's own products are sufficiently competitive, Apple will come to their door to cooperate again.

Seeing that Fang Hong was not worried about these issues at all, Tian Jiayi also believed in his judgment, and said instead: "After the transaction of ATL Company is completed, the actual controller's equity is changed to Qunxing Capital, and there is no foreign investment. Do you want to let ATL Company go public?"

The beautiful assistant's judgment is that Fang Hong will most likely let ATL land on the A-share market. As she expected, Fang Hong nodded: "Go ahead with ATL's IPO plan, get it on the GEM, and strive to be listed on the A-share market next year." The IPO listing will be completed within a few days."

ATL has achieved profitability for many years in a row, and must have met the listing standards of the A-share approval system. It was unable to go public before because the company was 100% controlled by pure foreign Japanese capital.

But now it's different.

After Qunxing Capital fully acquired it, it is already a purely domestic-funded enterprise, and the last obstacle for ATL to enter the A-share market has disappeared.

Fang Hong thought for a while and said, "The PE valuation should be 37 times."

Hearing this, Tian Jiayi was stunned and said, "With a PE valuation of 37 times, doesn't that mean that we will lose 15.5 billion when we go public?"

According to this PE valuation level, it is equivalent to giving ATL a valuation of about 4.5 billion, which is reasonable in terms of the current value of this company, but the problem is that Qunxing Capital paid 20 billion real money to buy it. .

It is equivalent to a floating loss of 15.5 billion on the spot when it goes public.

Fang Hong didn't take it seriously, and said with a smile: "In less than five years, the market value of this company will definitely reach more than 100 billion, and it can just reduce the asset size of Qunxing Capital on the asset income statement, low-key, low-key."

Tian Jiayi couldn't help complaining on the spot when he heard his words: "Is this low-key?"

Fang Hong smiled and said nothing, in fact, the main reason is that the big A has not yet released foreign investment access, and there is no so-called northward capital, so it will have to wait until 2015.

So before 2015, there is no need to worry about high-quality assets being copied by foreign capital. By 2015, with the help of that epic bull market, ATL’s asset prices must have been pushed to extremely high.

At that time, foreign capital will either chase the high and take the risk of being trapped on the top of the mountain, or watch the whole process and sigh. Even if the foreign capital runs fast, it will definitely not make much money, so let’s regard it as a return for foreign capital to provide liquidity to the market.

Anyway, foreign capital cannot get bargaining chips at the floor price.

As for domestic institutions or retail investors, it all depends on their luck and wealth. Anyway, high-quality assets have been traded in the secondary market and they are still very cheap. The chips have been thrown out, so let's go to the game!

The beautiful assistant asked while memorizing: "For the IPO matter, what is the proportion of issued shares to the total share capital?"

Fang Hong said in an orderly manner: "The fundraising is 1.575 billion yuan, accounting for 35% of the total equity ratio. At the same time, let friends such as Zhongtai Capital and Pengrui Capital come in to manage the market value of ATL."

At present, the cooperation with these domestic-funded institutions is quite good, and we will continue to cooperate. Now it can be regarded as a community of interests, and the current cooperation with each other is quite pleasant.

Qunxing Capital distributes some benefits to these partners. In exchange, they need to do a good job in market value management for the asset targets of "Qunxing System" in the A-share market. They are not market makers in name, but what they are actually doing is doing merchants.

Fang Hong added: "The issue price is set at 11.50 yuan per share."

Tian Jiayi made a memorandum of his decision. If ATL wants to list on the GEM, it must not be able to go through the backdoor listing route, and can only apply for the normal IPO process.

However, the company's road to listing should be very smooth, all indicators are very good, and it is a technology company, but it is also indispensable that Qunxing Capital is actively promoting it.

The core asset targets of "Galaxies" are actively promoting the listing, the Weibo subsidiary that has entered the end of the reorganization, Ruihe Medicine that is waiting for the meeting, Xingyu Technology that is already on the agenda, plus the just-acquired ATL, and Art Star Video, Art Star Media, etc. within the plan.

ATL’s business is basically a matter of boots landing. If there are no accidents, there should be no accidents. Fang Hong is not paying attention to this company. The decision has been made, and the rest can be patiently waiting for this company to develop and grow.

...

On weekends and weekends, Fang Hong checked Weibo and found that many fans and investors were discussing one thing.

It turned out that Chu Changxing had publicly announced on his personal Weibo that he had successfully obtained 10 million angel investments from God K. began to set foot in the primary market.

Fang Hong looked at the comments from fans, and found that many left messages under Chu Changxing's blog post and @K3478, Fang Hong opened Chu Changxing's Weibo curiously and took a look, and indeed posted a Weibo, yes What happened a few days ago, the original text:

[The most thought impossible thing has become possible. Kunpeng Technology has received a generous investment of up to 10 million from God K on the verge of bankruptcy. Life is like a box of chocolates, you never know what the next piece will taste like, the future is still unknown, hope will never die, keep the original heart, forge ahead]

Fang Hong looked at the content of the blog post, and dragged down to the comment section below. There are currently two to three hundred comments, and Chu Changxing's Weibo account only has more than 100,000 fans, and it was because of this Weibo account that he posted in the past few days. Bo, became the first person to get investment from God K and gained 100,000 followers.

In the comment area, Chu Changxing interacted quite frequently with fans. Many messages were asking him about God K, what he looked like, whether he was handsome, where he lived, whether he had real photos of God K, etc.

Obviously, these fans are basically paying attention to God K, maybe they are die-hard fans of God K.

It can be seen from the comments in the comment area that what everyone wants to know most is some information about God K, especially what he looks like.

And Chu Changxing did not disclose Fang Hong's specific information in the fan interaction message, not to mention his photo, he didn't even mention the name of God K, but he also praised the patron's father (tian) so much .

Why was I shocked when we first met, God K’s appearance is a talent of hundreds of millions, God K’s temperament is close to hundreds of millions, God K’s decision is not hesitant, and God K’s speech talent is billions of dollars... blah blah, blah, blah, blah. The words of billions of dollars are soaring.

At this moment, Fang Hong looked at the interactive comments dumbfounded, silently clicked on Follow, then reposted Chu Changxing's Weibo, and commented on the simple and unpretentious words:

【come on! 】

...