After the successful debut of Muye automobile group with Muye Aurora, the IPO of Muye technology in Hong Kong has reached the final stage.
In view of the fact that the company has not covered the whole country yet, the Muye Automobile Group has just been established, it is impossible to accurately measure the market value, and neither Android nor apple has come up with anything truly innovative, so Li Mu is not going to package these companies into Muye technology, but first separate these two companies and list them in Hong Kong with the main body of Muye technology.
At present, the underwriter's valuation is $320 billion, which is the highest in the world's IPO valuation.
Although many companies have a market value of more than 500 billion US dollars at their peak, or even more than a trillion US dollars, they have been listed for a period of time, or even several years or more.
Many large companies are still in the youth period of a company at the beginning of IPO, with potential, but the strength is not so strong, so when they go public, in the IPO stage, they often only get tens of billions of dollars of market value.
But the technology is different.
Muye technology is no longer a teenager. Now it is a super large company with huge market coverage and high income. Although it is not at its peak, it is still in its prime.
Therefore, the valuation model of investing in children is no longer applicable to him.
It's like the transfer fee of a star. The 17-year-old talent has only a few million pounds. But he may be worth ten times more in five years, but it's going to be handed over to time and the stadium to witness.
The same is true for companies. When most companies are just listed, their business hasn't really taken off. What they rely on is the financing of IPO and the rising market value to support the rapid start of their business.
But now, Muye technology has set sail.
Therefore, the IPO valuation of tens of billions of dollars, or even more than 300 billion dollars, has been unable to satisfy Li Mu.
In Li Mu's view, the high coverage rate and high payment rate of YY ecology in the world are already against the sky in this era, which alone is worth 400 billion dollars.
Any industry, once it covers the world, can get a big buff of X2, X3 or even X10.
Alibaba's main revenue is in the domestic market, and most of the profits of Taobao, tmall and Alibaba cloud are in China, so it has achieved a market value of $450 billion.
Amazon covers almost all places except China, and gets a market value of nearly US $1 trillion at its peak. If the two companies merge, it is an e-commerce platform covering the world and an enterprise cloud service platform covering the world. As long as it does not touch the anti-monopoly law, its market value is not as simple as 4.5 trillion plus 1 trillion, and it may exceed US $2 trillion , even higher.
Later generations of Facebook, like Amazon, have not been able to cover the Chinese market, but they still have a market value of $560 billion or more. Tencent's main businesses are all in China, and they also have a market value of $450 billion.
Together, the two companies may not even have the same influence as the current Muye technology, because the global coverage of Muye technology is almost monopolistic.
After MSN was completely cool, Li Mu didn't suppress any instant messaging software products, because he knew that the world had become a trend, and anyone who jumped out to compete with Muye technology could only be in vain, without his own hand, he would drag himself to death.
So in Li Mu's view, the market value of $320 billion given to Muye technology is still slightly lower as a whole.
What's more, Makino technology is also a shareholder of Google and Baidu, which together have a market value of tens of billions of dollars.
Moreover, the latest "Flying Tigers" of Muye image has really made a shocking global box office achievement. Although a movie can't show that the latter Muye image can also go with the wind and water, it is at least a powerful supplement.
Therefore, Li Mu's ideal market value should be at least over 450 billion yuan.
As for how much the stock of Muye technology will soar after listing, that's another thing.
In view of this, Li Mu met with the representatives of securities companies once again.
At the meeting, Li Mu put forward a request for an IPO valuation of $450 billion.
With a valuation of $450 billion, 10% of the shares diluted by all shareholders are used for issuing shares, with a total of one billion shares issued and a share price of $45.
Of the US $45 billion raised, US $35 billion will be used to enhance the current investment of Makino technology, including R & D, market, cloud computing and new business attempts.
The remaining $10 billion will be cashed out by shareholders in equal proportion.
We've been guarding Muye technology for a long time, and it's time to get a lot of money.
If you share 10 billion dollars, even if you have only one share, you can get 100 million dollars.
Of course, the price is 1% of his shares, 0.1% to be diluted, and 0.9% to be diluted.If you are an executive with only 0.1% shares, you can get 10 million dollars by diluting 0.01% this time.
That's what's good for big guys.
With the right guy, two or three years to catch a wave of IPO, zero point shares, can achieve financial freedom.
There are many people who can't afford to buy a house in the last 20 or 30 years because of their industry.
As for the remaining shares in the hands of shareholders, they will be locked up by the agreement. In the next two years, they are not allowed to reduce their holdings in the secondary market or pledge in the primary market.
That is to say, even after the listing of Muye technology, Li Mu still has more than 70% shares in his hands, but these shares can't be sold in the secondary market, can't be traded, and can't be pledged in the primary market.
If large shareholders don't sell shares, they will give investors more confidence.
If the major shareholders try their best to sell in the secondary market just after listing, the stock price will inevitably collapse.
If the major shareholders pledge their shares to the securities companies as soon as they are listed, and they cash out to enjoy themselves, the share price will not be maintained.
Major shareholders, like a general of the city, should always give the whole army and the common people the belief that "people are in the city" so that they can fight against the enemy with the general.
Several state-owned securities companies are somewhat afraid of the valuation of US $450 billion.
First, the price is too high;
Second, the risk is really high;
Third, there has not been such a large-scale IPO.
When Alibaba went public, the IPO scale of more than 200 billion yuan was already a record breaking one. Now, Muye technology directly raised $450 billion, and the tone is too high.
Securities companies want to hold such a large-scale IPO, first of all, they have to help Muye technology raise $45 billion. If they can't raise funds, it's just bullshit.
Li Mu said to them, "you guys, once you take over the IPO of Muye technology with a scale of US $450 billion, I believe that there will be a large number of customers looking for you to subscribe for the stock of Muye technology. You think the scale of US $45 billion is very large, but the market reaction will make you realize that this is a very easy task."
The person in charge of the lead underwriter was a little frustrated and said: "Mr. Li, I have IPO for several years. The scale of IPO of your company is higher than that of the company I have done in the past two years. Do you think I am not nervous?"
"It's a good thing," Li said with a smile. "Finally, I have the chance to make a big deal, which is much better than IPO dozens of companies with a market value of several hundred million dollars and two or three billion Hong Kong dollars every year."
After a pause, Li Mu said: "to be honest, the bigger the IPO, the more stable the performance. For those small companies that rely on concept and enthusiasm, the share price can soar by 50% today, and may fall by 90% tomorrow!"
"There are a lot of companies that make it clear that they are going public to earn money, but there are still underwriters to help them with their IPO. If you miss the IPO of Muye technology, you may not be able to participate in such a big project in the next 20 years."
The other party nodded softly and said: "the truth is indeed the truth, but the price is really too much pressure for us..."
Li Mu said with a smile: "the Goldberg family behind HSBC in the UK has been rushing to receive the IPO of Muye technology. I've withdrawn the IPO from the US stock market. They still don't want to give up. The head of their family still lives in the hotel in Yanjing. It's been more than half a year. They want to see me, but I just don't see him. There are two reasons. First, they were with Wall Street before I feel a little sick for helping people to do things together. Secondly, I deliberately air him until the day when I say what he accepts. "
Speaking of this, Li Mu said: "by the way, this elder brother has always respected me. He has also sent me a club in the Premier League. I am not prepared to give him any meat in the IPO of Muye technology. So I want to spare 10 billion dollars from the 45 billion dollars of IPO for him for the time being. If you think, you several brokers together, 35 billion is still a little hard work. We can talk about it again. I believe that even if 45 billion is given to the Goldberg family, they will not hesitate to agree. "
After Li Mu finished, he took a look at all of them and said seriously, "but I want to make a deal with you. Why do I withdraw Muye technology from the US stock market? I just don't want these Wall Street tycoons to enjoy this capital feast."
"So, I want to put it in Hong Kong, because in any case, Hong Kong is an inseparable part of China, and the listing of Muye technology in Hong Kong is also considered to be a fertile land."
"But if everyone thinks the meat is too big to eat, eat or digest, I can only put the meat in Hong Kong and let the Wall Street giants come to eat it internationally."
"In that case, there is no loss to Muye technology. I still sacrifice 10% of the shares to raise 45 billion dollars. The only difference is who will help me raise the money. But for all of you here, the loss will be huge. Once you let the market see that you can't swallow a large piece of meat, or even swallow it at your own door Next big piece of meat, then even the IPO companies in Hong Kong will not find you as the lead underwriter. They are likely to choose the British background or the US background securities companies to do it, and then everyone will be in a passive moment! "