Rebirth 2011 - Chapter 636

  Chapter 636 I can’t even think about it

   “In January, Ziwei Tea will be listed in Hong Kong City. MC Coffee will be listed on the New York Stock Exchange in early March.”

  After listening to Uncle Shangguan’s question, Xu Renshan didn’t hide any company secrets.

  The listing process of the two companies has already started, and the former has almost gone through the process, so there is no need for him to hide it.

  Although his own assets are there, there is no need for the company to go public to collect money, but Xu Renshan cannot ignore the expectations of the management team and tens of thousands of employees, and cannot disappoint large and small shareholders.

  In 2013, as MC Coffee opened outlets in many big cities in Europe and America, it achieved good performance, and naturally it was also favored by Wall Street capital.

  As for crape myrtle tea, which mainly focuses on franchising, foreign capital does not pay much attention to it. They can only choose the Hong Kong Stock Exchange to harvest the leeks of those large domestic and foreign investors. No, it should be to look forward to the future with the large investors.

   “If MC Coffee is successfully listed, the market value of Yuming Group should exceed 5 billion US dollars.”

  Shangguan Mingyan on the side heard this, and couldn’t help interjecting.

   “Almost, the company team’s valuation of Ziwei tea is 15 billion Hong Kong dollars, and the valuation of MC coffee is about 3 billion U.S. dollars.”

   Regarding the valuation of Yuming Group, Xu Renshan said a conservative figure.

  At the end of 2012, the market valuation of Yuming Group after financing had already exceeded 15 billion. Now, a year later, it has almost doubled.

  When the volume reaches a certain level, it is still relatively difficult to continue climbing.

  However, the potential of MC Coffee is not small.

  The market value of Starbucks can exceed 100 billion U.S. dollars in many years, and MC Coffee is working hard to reach 10 billion U.S. dollars. You can also look forward to it.

   “In just three years, it has become the first stock in the domestic tea industry. Renshan’s achievements are impressive.”

   After taking a sip of tea, Tian Zhenguang said with emotion.

  When he first met the other party, he still wanted to take advantage of the other party. Now the industry in the other party’s hands is booming and blooming in all directions, and he has become a new generation of domestic industrial tycoons.

  Compared to the Internet with inflated value, industry is the best standard to test a person’s achievements.

   “Uncle Tian overrated the award, I just happened to be at the right time.”

  Hearing the big man’s praise, Xu Renshan was very humble.

   Without the backing of his wife, he would not have achieved what he is now.

  If he was allowed to start a business at the beginning of his rebirth, he would be at most a small rich man worth over 100 million now. If he wanted to get involved in many hot fields, he would not even have the door.

   “You, you are too modest.”

  Poured a cup of tea for the eldest nephew himself, and Shangguan Hong’s face was full of satisfaction.

  Because the descendants of the Xu family are so outstanding, the old man of his family is in a good mood and his physical condition is relatively stable, which gives the Shangguan family a bit more background.

   “I heard that Zong Xiaoyu opened a new bar in Hangzhou?”

  Walking by the West Lake at night, Shangguan Mingyan casually asked little brother Xu beside him.

   “Well, business is good.”

   Xu Renshan didn’t help Shangguan hide anything for the eldest sister of Shangguan.

   “It’s your signed singers from Qingguo Entertainment who helped out on the platform.”

   “It doesn’t count, Zong Xiaoyu is still unique in bar management.”

   “By the way, I haven’t thanked you for the Sunflower Fund for the donation in the middle of the year!”

   After chatting a few words about his younger brother’s family affairs, Shangguan Mingyan talked about the other party’s donation to the foundation he founded, and expressed his gratitude in person.

  At the beginning of the year, Shangguan Mingyan, who was very quiet and thoughtful of moving, and a few friends in the circle set up a sunflower charity fund with an initial fund of 10 million, which was specially used to help seriously ill children from poor families.

  In mid-July, the Sunflower Charity Fund she was in charge of received the largest donation, a total of 20 million euros, converted into nearly 200 million Chinese dollars.

   A few girlfriends who thought it was just for fun, immediately became serious and tried their best to make suggestions for the development of the charity fund.

“You’re welcome.”

  Hearing what Sister Shangguan said, Xu Renshan replied with a smile.

   At that time in the middle of the year, he also randomly asked people to buy a 7:1 at several betting sites in Europe, with a total of 10,000 euros. Finally, at an odds of 6,500, he got a bonus of 65 million euros.

   That money, Xu Renshan donated 20 million to the Sunflower Charity Fund, and the remaining 45 million euros were naturally donated to the SS Charity Fund, a special fund for training football teenagers.

   “By the way, is there anyone else outside?”

“Um????”

  Hearing such a question suddenly, Xu Renshan turned his head to look at Sister Shangguan in some doubts, muttering in his heart, thinking that the other party had discovered something by accident.

   “Ha, just kidding.”

  Looking at Xiaodi Xu’s serious appearance, Shangguan Mingyan couldn’t help but laugh out loud.

  However, looking at Xiaodi Xu’s profile, she realized that the other party had matured before she knew it.

   After wandering around the West Lake for more than half an hour, Xu Renshan returned home after asking the driver to take Sister Shangguan back.

   In the blink of an eye, the New Year’s Day of 2014 came. Xu Renshan spent the holiday with his wife and daughter, and then led the management team of Yuming Group to Hong Kong City to ring the bell.

  Xu Renshan, his sister-in-law, and several close company veterans naturally took the more comfortable Gulfstream G650, and the rest of the team took the chartered flight of Xiamen Airlines.

  Although he owns a lot of shares in many listed companies and indirectly controls several listed companies, it is the first time for Xu Renshan to ring the bell for listing.

   “Brother-in-law, why did you transfer all the shares in Phoenix Street?”

  Sitting in the luxury cabin in front, Shi Qingxue asked about the other party’s business operations in the past two days.

  Fenghuang Street, which has developed rapidly and flourished in the past two years, has been favored by capital and its valuation has grown extremely fast. There is great hope for it to be listed on NASDAQ in the future.

  However, this brother-in-law, who won nearly half of the shares in the angel round and failed to win in the previous rounds, did not follow the investment, and even transferred all the shares in his hand.

   “I invested 25 million at the beginning, and with the subsequent rounds of follow-up investment, the investment was less than 60 million. Now I have received a return of 300 million US dollars. Do you think it is too little?”

  After listening to his sister-in-law’s question, Xu Renshan smiled and asked back.

  “The return of nearly 40 times in three years is indeed a lot. But compared with the return of Phoenix Street’s future listing on Nasdaq, 300 million US dollars is not too much.”

  Shaking her head, Shi Qingxue expressed her doubts.

“Not every Chinese company listed on NASDAQ can realize its ideals and increase its market value at the same time. The moment Fenghuang Street chose to operate its own e-commerce and pursue a closed-loop market, I was already not optimistic about its future. In For a period of time to come, the top e-commerce companies will basically belong to TB and JD. This pattern will not change much for at least seven or eight years. At this point in time, the accounts of Fenghuang Street look pretty good , it is the time when those foreign investment institutions are most optimistic about Fenghuang Street, and selling at this time is the most profitable.”

  Regarding the development direction of Fenghuang Street, Xu Renshan briefly explained why he was not optimistic about it.

  Of course he knows that after the listing of Phoenix Street, the peak can reach billions of dollars, but he also knows that the glory of Phoenix Street is fleeting.

  As a qualified investor, not earning the last penny is a must-have quality.

   Otherwise, it is no different from opportunism.

“I heard that before Fenghuang Street decided to operate its own e-commerce website, Zeng Fengqi, the founder of Fenghuang Street, who wanted to continue to maintain a pure traffic port, once approached you and wanted to get the support of you, a major shareholder. If you had spoken to support the other party, Phoenix The street should continue its previous development path.”

  There was nothing left and right, so Shi Qingxue followed this topic and continued to chat in depth.

“When Yuxuan and I invested in Fenghuang Street, we promised not to interfere with the specific operation of Fenghuang Street. Moreover, if Fenghuang Street does not set foot in the field of e-commerce operations, it will not be sought after by those capitals, and there may be no chance in the future. To go public in North America. In other words, less than 40% of the shares in my hand can’t be sold for 300 million US dollars.”

  Seeing Aunt Heisi’s question like a reporter, Xu Renshan answered tirelessly.

“understood.”

  After listening to her brother-in-law’s answer, Shi Qingxue nodded thoughtfully.

   I have to say that in the field of business investment, this brother-in-law’s vision is by no means comparable to that of an outsider like her.

  January 7, 2014, suitable for business opening, transactions, and contract signing.

  At ten o’clock in the morning on this day, Xu Renshan, several senior executives of Yuming Group, spokespersons Zhang Yunhan and Liu Fei attended the bell-ringing ceremony of the Hong Kong Stock Exchange, announcing that Yuming Group’s crape myrtle tea was officially listed.

  This time, Ziwei Tea issued a total of 286 million shares at 12 yuan per share, raising a total of 3.432 billion Hong Kong dollars in IPO funds.

  Before that, Ziwei Tea, which was popular with capital, was oversubscribed nearly 40 times, reaching HK$130 billion.

  On the first day of listing, the closing price of Ziwei tea drink was 18.88 yuan, an increase of 57%. The turnover exceeded 2 billion Hong Kong dollars, and the market value was as high as 33 billion Hong Kong dollars.

  With the market value of a single round, more than a dozen of Yuming Group’s executives have been promoted to billionaires, and dozens of middle-level and above employees have been promoted to multi-millionaires.

   It can be said that when the bell rings, there will be ten thousand taels of gold!

   This news was reported by many media, which caused a series of shocks in the new tea drink industry. A lot of capital is eyeing several leading tea drink companies.

   “President Xu, this closing price is twice as high as the management team expected.”

  In the banquet hall of the Victoria Hotel in Hong Kong City, Liu Fei, who participated in the listing celebration banquet, waited until the young rich man was free, and then went over to congratulate her.

   “Today is the first day of listing, and the premium is relatively high. However, the result is beyond my expectations.”

   Speaking of this, Xu Renshan himself was a little surprised. The valuation of Ziwei Tea was more than double the estimate of professionals.

  However, considering that next year will be the craziest bull market, such a result is understandable.

  According to the trajectory of the previous life, after a few years, a certain tea company will also ring the bell on the Hong Kong City Stock Exchange, but it broke on the first day of listing, and then the stock price began to decline.

  The stock market is changing, sometimes it is not artificially predictable.

  Looking at the executives of Yuming Group who were chatting and laughing with many guests in the banquet hall, Xu Renshan could see the vigorous fighting spirit on their faces, and could understand why some well-run companies with good money still wanted to go public.

  The prosperity of the world is all for the benefit.

   No matter how many ideals you talk to those managers, they are not as good as the growth of wealth.

  It is not only to pursue a higher market valuation, but also to increase the motivation of the middle and high-level managers to work hard and enhance the cohesion and centripetal force of the enterprise.

   “If MC Coffee is also on the market, this year’s China Rich List, Mr. Xu can’t even think about it.”

   Thinking of the market value of crape myrtle tea as high as 30 billion at the close of trading today, Liu Fei, the spokesperson of MC Coffee Huaxia District, smiled and talked about the fact that the other party kept a low profile.

  It’s hard to imagine that with Mr. Xu’s net worth, there hasn’t been any outside reports in the past two years. Compared with other young rich people who are worth hundreds of millions and have been rumored, they are completely different.

  (end of this chapter)