Meditation in the villa, afternoon.
Tian Jiayi returned home and entered the villa to see Fang Hong in the living room. He walked over quickly and said, "Have you read the latest news? Apple has kicked ATL out of the supply chain. It should be acquired by us." atl may have a direct relationship."
Apple announced the termination of its cooperation with ATL. It only mentioned internal adjustments within the company, and did not say that it was because of ATL's acquisition by Star 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 brings with it more or less a hundred million points of resentment, Le..." Fang Hong couldn't help laughing and teasing. Tian Jiayi sat down next to him, glanced at Fang Hong and said, "It seems that you are not worried at all. Now the outside world Many voices are not very optimistic about the future of ATL, especially at this time when it loses Apple as a major customer."
"The people outside know nothing about it." Fang Hong dismissed it, and then said: "ATL has its own core technology and competitiveness, plus it has a very large market, so it will never starve to death."
We no longer have Apple as a customer, but we now have Xingyu Technology.
Moreover, Fang Hong is not worried at all, because once Boss Qiao leaves and Cook takes over, Apple is likely to look for ATL to supply supplies again. Especially in the next few years, when Samsung battery explosions occur, ATL's products will be even more popular when compared. Fragrant.
Cook is the "King of Performance." Apple has been criticized for being worse than its predecessors since he took over, but Apple's performance is getting better year by year, so there is no reason why it should struggle with money.
As long as ATL's own products are sufficiently competitive, Apple will come to us for renewed cooperation.
Seeing that Fang Hong was not worried about these issues at all, Tian Jiayi also believed in his judgment and said instead: "After ATL Company completes the transaction, the actual controller's equity is changed to Qunxing Capital, and there is no foreign capital component. Do we want ATL Company to be listed?"
The beautiful assistant’s judgment was that Fang Hong would most likely let ATL land on the A-share market. As she expected, Fang Hong nodded: “Let’s move forward with ATL’s IPO plan and get it listed on the GEM, and try to get it listed on the GEM next year. Complete the IPO listing within 12 days.”
ATL company has been profitable for many years in a row, and it must meet the listing standards of the A-share approval system. The reason why it could not be listed on the market before was because this company is 100% controlled by purely foreign-owned Japanese capital.
But it's different now.
After being fully acquired by Qunxing Capital, it is now a purely domestic enterprise, and the last obstacle for ATL to enter the A-share market has disappeared.
Fang Hong thought for a while and said: "Let's give the PE valuation 37 times."
Hearing this, Tian Jiayi said blankly: "With a PE valuation of 37 times, doesn't that mean 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 the company. But the problem is that Qunxing Capital spent 20 billion in real money to buy it. .
It is equivalent to a floating loss of 15.5 billion after listing.
Fang Hong didn't take it seriously and said with a smile: "The market value of this company will definitely reach more than 100 billion within five years, and it can just reduce the asset size of Qunxing Capital on the asset income statement. Low-key, low-key."
When Tian Jiayi heard what he said, he couldn't help but complain on the spot: "Is this called low-key?"
Fang Hong smiled and said nothing. In fact, the main reason is that Big A has not yet liberalized foreign investment access. There is no so-called northbound capital, and that will have to wait until 2015.
Therefore, before 2015, there was no need to worry about high-quality assets being scooped up by foreign investors. By 2015, with the help of that epic bull market, ATL's asset prices must have been pushed to extremely high levels.
At that time, foreign investors will either chase the highs and risk being trapped on the top of the mountain, or they will watch the whole process with dismay. Even if foreign investors run fast, they will definitely not make much money. Let's just regard it as the return of foreign investors providing liquidity to the market.
Anyway, foreign capital cannot get bargaining chips at floor prices.
As for domestic institutions or retail investors, it all depends on their luck and wealth. Anyway, high-quality assets have been traded on the secondary market and are very cheap. The chips have been thrown out. Let's go and play the game!
The beautiful assistant asked while making a memo: "As for the IPO, what is the proportion of issued shares to the total equity?"
Fang Hong said methodically: "Raise 1.575 billion yuan, accounting for 35% of the total equity ratio, and let friends like Zhongtai Capital and Pengrui Capital come in to manage ATL's market value."
The current cooperation with these domestic-funded institutions is quite good, so we will continue to cooperate. Now we 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 of the assets of "Qunxing" in the A-share market. They are not market makers in name, but what they actually do is Market merchant.
Fang Hong added: "The issue price is set at 11.50 yuan/share."
Tian Jiayi made a memo of his decision. If ATL wants to be listed on the GEM, it will definitely not be able to go through a backdoor listing and can only apply for a normal IPO process.
However, this company's road to listing should be very smooth. All indicators are very good. It is a technology company, but it is indispensable that Qunxing Capital is actively promoting it.
Change source app]
The core assets of "Galaxies" are actively promoting their listings. Weibo's subsidiary has entered the final stage of restructuring, Ruihe Pharmaceutical is waiting for a meeting, Xingyu Technology is already on the schedule, and ATL has just been acquired. Yixing Video, Yixing Media, etc. are included in the plan.
ATL's affairs are basically boots on the ground, and there should be no accidents unless unexpected events occur. Fang Hong is no longer paying attention to this company. Decisions have been made. All that is left is to wait patiently for the development and growth of this company.
…
On the weekend, Fang Hong went to Weibo to take a look 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 an angel investment of 10 million from K God. This matter has now attracted a lot of attention. Fans were surprised that K God actually have begun to set foot in the primary market.
Fang Hong looked at the comments from fans and found that there were many comments under Chu Changxing's blog post with @k3478. Fang Hong curiously opened Chu Changxing's Weibo and took a look. Sure enough, he posted a Weibo post for several days. What happened before, the original text:
[The most thought-impossible thing has become possible. Kunpeng Technology received a generous investment of 10 million from K God 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 your original intention and move forward]
Fang Hong looked at the content of the blog post and scrolled down to the comment area. There were currently two to three hundred comments. Chu Changxing's Weibo account only had more than 100,000 fans, and it was because of this Weibo post he posted in the past few days. Bo became the first person to receive investment from God K and gained 100,000 followers.
In the comment area, Chu Changxing interacted frequently with fans. Many messages asked him about God K, what he looked like, whether he was handsome, where he lived, whether he had any real photos of God K, etc.
Obviously, these fans basically follow God K, and maybe they are die-hard fans of God K.
It can be seen from the messages in the comment area that what everyone wants to know most is some information about God K, especially what he looks like.
Chu Changxing did not disclose Fang Hong’s specific information in the fan interaction message, let alone his photo, and did not even mention the name of K-god, but he also praised the sponsor’s father so much that he was so proud. .
Why was I so shocked when we first met? God K’s appearance is beyond compare, God K’s temperament is peerless, God K’s decision-making is unhesitating, God K’s conversational talent is incredible... blah blah blah. The words of praise are so beautiful that they fly into the sky.
At this moment, Fang Hong looked at the interactive comments in silence, silently clicked on the follow button, then forwarded Chu Changxing's Weibo post, and commented with two simple words:
【come on! 】
…