"Thank you, Mr. Sun!"
"Thank you, Mr. Sun!"
Friday, January 28th.
20 million Yinghaiwei Information and Communications Co., Ltd. was listed on the Nasdaq Stock Exchange with the stock code Yhw. As the company's second largest shareholder, Sun Jian was invited by the company's legal person and chairman Liang Yeping and general manager Zhang Shuxin to attend the knocking ceremony. At the bell ceremony, together with other major shareholders, the company rang the bell for listing.
Yinghaiwei opened at 16.88 yuan, up $8.88, or 111%, with 570,000 shares traded.
Liang Yeping and Zhang Shuxin were all smiles.
Yinghaiwei finally achieved success and became the fourth Chinese Internet concept stock listed on Nasdaq. Xingfa Group's huge investment finally paid off. The stock market value reached more than 500 million US dollars, an appreciation of 16.88 times. President Liang Yeping was in the officialdom There may be further progress; with the listing of Yinghaiwei, as the founders, Zhang Shuxin and her husband Jiang Zuoxiang suddenly became billionaires and will be listed on the Forbes China Rich List.
"Congratulations, Mr. Liang!"
"Congratulations, Mr. Zhang!"
…
Sun Jian smiled knowingly. After rebirth, Yinghaiwei, which had withdrawn from the stage of history in its previous life, successfully listed on Nasdaq with his help. Can it grow into a major international Internet company like Sina, Sohu and NetEase in its previous life? It's not something he can control, it only depends on the abilities of Liang Yeping and Zhang Shuxin.
In his previous life, Zhang Shuxin was good at creating hot topics. When the Internet market began to change in 1996, Yinghaiwei did not make strategic adjustments. He continued to indulge in the success of his early publicity in Yinghaiwei, guided the media to create hot spots, and was unable to solve Yinghaiwei's problems. Wei actually faces the problem of long-term losses.
As a leader in the Internet industry, Yinghaiwei seems to be too immersed in such a role and regards what he does as a benchmark in this immature industry. In June 1998, due to continued losses, the legal person and chairman The increasingly fierce conflict between Liang Yeping and general manager Zhang Shuxin finally broke out. At the company's board of directors, Zhang Shuxin was forced to resign without warning.
When the tree falls, the hozens scatter!
In November 1998, 15 middle and senior managers of Yinghaiwei announced their resignation collectively.
As Internet companies such as Sina, Sohu and NetEase listed on Nasdaq, raised huge amounts of funds, and quickly seized Yinghaiwei's domestic market share, a few years later, Yinghaiwei completely disappeared from the sight of the Chinese people.
As the leader of the domestic Internet, Yinghaiwei was unable to push forward the wave behind the Yangtze River, and the former wave died on the beach, becoming a negative example of the development of the domestic Internet.
AtIc Securities serves as the lead underwriter for Yinghaiwei's listing on the Nasdaq, and Goldman Sachs Securities and Morgan Stanley Securities serve as deputy lead underwriters.
Last Thursday, Yinghaiwei successfully issued 20 million shares at US$8 per share. It was enthusiastically welcomed by investors. The IPO subscription ratio reached 7:1 and successfully raised US$10,000 (excluding issuance expenses).
After the IPO was successful, Yinghaiwei changed its registered capital at the State Administration for Industry and Commerce in Beijing to US$100 million, its total share capital changed to 80 million shares, and its net assets per share changed to US$2.69.
Xingfa Group holds 30.47 million shares, accounting for 38.09% of the shares; Taobao Holdings holds 18 million shares, accounting for 22.5% of the shares; Zhang Shuxin and his wife hold 8.7 million shares, accounting for 10.88%; CCB Jingcheng Trust Company holds 2.05 million shares shares, accounting for 2.57% of the shares; China Communications Construction Corporation invested 780,000 shares, accounting for 0.98% of the shares.
-------
On July 13 last year, with Lehman Brothers as the lead underwriter, China.com (china.com) successfully issued 4.8 million shares on the Nasdaq Stock Exchange, becoming the second company listed on the Nasdaq Stock Exchange. "China Internet Concept Stock", stock code chINA, opened at US$38.88, an increase of US$18.88 from the issue price of US$20 at the time of listing, reaching a maximum of US$51.78, and closing at US$46.38, an increase of US$26.38, or 132%, with active trading on the day , changing hands as high as 230%!
Peter Yip, the founder, legal person and CEO of China.com, was born in Hong Kong in the 1950s. He graduated from the University of Pennsylvania in computer engineering and received an MBA from Wharton College. After graduation, he worked as a management consultant at KPMG and later founded his own computer company. Systems Company, sold the company before the stock market crash in 1987, founded China.com in Xiangjiang in 1995, and successfully registered china.
Xinh News Agency registered a wholly-owned subsidiary, China International Network Communications Co., Ltd. (hereinafter referred to as "cIc") in Xiangjiang, and registered cIc Holding Company in Bermuda. In 1997, the portal China.com Company () was registered in the Cayman Islands.
Ye Keyong is good at capital operations. In January 2000, China.com issued 8 million new shares on the Nasdaq market, raising US$300 million.
Ye Keyong asked Peregrine to serve as the lead underwriter, and China.com renamed its subsidiary Xiangjiang.com International Network Company as Xiangjiang.com. It planned to spin off and list on the Growth Enterprise Market of the Hong Kong Stock Exchange in early March, stock code 8006, and planned to raise HK$1.3 billion.
China.com has used the huge amount of funds raised to aggressively expand into the mainland and Singapore, providing content and Internet services, advertising services through the Internet and travel magazines, organizing event services, and publishing magazines.
In his previous life, Sun Jian had browsed China.com, which had no special features and rarely visited it, but he didn't know about Ye Keyong.
When China.com was founded, Ye Keyong did not invite htIc to invest and missed the opportunity. UU Kanshu www. In July 1999, 4.8 million shares were publicly issued on the Nasdaq Stock Exchange at US$20. AtIc was invited to participate by Lehman Brothers Securities Company and invested. 5 million US dollars, subscribed for more than 110,000 shares, and cashed out at a high price on the first day of listing.
pIc registered and established a Xiangjiang branch on July 8, 1997 to enter the Xiangjiang Internet market. It has a commercial competition relationship with China.com, but it is not a competitor at the same level.
China.com, along with domestic Internet companies such as Yinghaiwei, Sina, Sohu, NetEase and Kingsoft, has long been referencing and reprinting the content of pIc. Following Sun Jian's instructions, Liu Zhenhua did not use legal weapons.
Yinghaiwei announced on January 24 (Monday) that 20 million new shares will be listed on the Nasdaq Stock Exchange on January 28. They are also Chinese Internet concept stocks and have been popular in the market. China.com's stock price has been 4 days Time rose by $4.26, an increase of 7.6%.
As the first and third shares of China's Internet concept, pIc and PI rose by 10.5% and 8.5% respectively in 4 days.
Sun Jian is also not optimistic about the long-term development of Yinghaiwei. As the second largest shareholder holding 22.5% of shares, Taobao Holdings Co., Ltd. can only watch helplessly as the upcoming Nasdaq Internet technology stock bubble bursts and funds suddenly withdraw. Watching the stock price plummet, there was no chance to cash out, and it ended up being a stock worth less than $1!
Sun Jian has no interest in controlling Yinghaiwei.
AsiaInfo, Sina, Sohu and NetEase will also be listed on Nasdaq within this year, and they will inevitably end up becoming stocks with prices below $1.
Neither wKIF nor Taobao Holdings has a chance to cash out, and Huang Liang Yimeng, as the lead underwriter, AtIc Securities Company will not use real money to protect the market.
