Countercurrent 1978 starts with the production team

Jianing Headquarters

After seeing off Goldman Sachs and others, Chen Songqing walked back to his office with a relaxed smile on his face, sat down on his boss's chair, picked up the prospectus on the table, and read it again and again.

Chen Songqing nodded with satisfaction and said to Chen Zhiming, who was sitting across the desk: "Goldman Sachs is indeed a professional investment bank. Once this prospectus is sent out, I don't believe that others will not be interested."

After the careful guidance of Goldman Sachs, Jia Ning produced this prospectus, and even he felt that Jia Ning had broad prospects.

Chen Zhiming laughed when he heard this: "Goldman Sachs' professional counseling team has many years of counseling experience and is familiar with various agencies of the US Securities Regulatory Commission. A company of our size is not a big case for them. It can be said that it is a piece of cake, and we are the first Hong Kong company seeking to be listed in the United States, so they are naturally very interested."

"Yes." Chen Songqing nodded and sighed, and then said with regret: "This time it is on Nasdaq. If we have the opportunity in the future, we must be listed on the New York Stock Exchange."

Chen Zhiming looked at his proud father, but he felt disapproving in his heart.

The New York Stock Exchange is the largest securities trading market in the world. It has a sound organizational structure, the most complete equipment, the strictest management, and high listing standards. Almost all those listed on the New York Stock Exchange are well-known in the world. Large multinational corporations.

Since everyone knows their own affairs, it is already very difficult for Jianing to be listed on the Nasdaq. To be listed on the New York Stock Exchange is a bit delusional.

Just the hard condition of global assets of US$5 million, they, Carnegie, cannot meet now.

However, at this time of year, Chen Zhiming would not disappoint his father. He said: "Father, we have already established our momentum. The response from all parties is quite enthusiastic. Many guys who were not interested in us before are now contacting us." I, said I need to reconsider.”

Chen Songqing waved his hand: "Leave them alone. It's too late for them to regret it now. When we talked to them, they were all arrogant, as if we were begging them. Hum, wait until we really succeed in the United States." I would like to see what they look like when they go public. Besides, now that the benefits have been distributed, there is no extra share for them."

Chen Zhiming also nodded and sneered at those people: "Father, you are right. I also perfunctory them. Now it is a little late to take advantage."

Chen Songqing also smiled proudly. Now Hong Kong newspapers are full of reports about the news that Carin has officially submitted an application and is about to go public in the United States.

After the Golden Gate Tower changed hands again for a sky-high price of 16 billion, he once again stood on the forefront of Hong Kong Island. This feeling of being in the limelight made him intoxicated.

Looking at the business community in Hong Kong, he was the first to make big deals in a short period of time, which made him feel a little elated.

A company that wants to IPO in the United States has a very strict process.

The first point is to choose a reliable intermediary agency. Fortunately, Goldman Sachs has a professional team to help. These financial consultants, land appraisers, asset appraisers, international accounting firms, lawyers, property appraisers, etc. are all provided by Goldman Sachs. Responsible.

Once all these are ready and the relevant legal opinions issued by a lawyer are obtained, the materials for the first application for listing can be submitted to the overseas exchange.

They have been busy for several months and have only just prepared for the second step. They have recently registered with the U.S. Securities and Exchange Commission (SEC), which means submitting a registration statement.

The registration statement consists of two parts: the prospectus and the registration statement.

Next, there will be roadshows and pricing.

Roadshows are an important promotion method for investors and securities issuers to promote the successful issuance of stocks under the condition of full communication. It mainly refers to the touring promotion activities carried out by securities issuers in major roadshow locations to potential investors before issuance.

People from Goldman Sachs came here today to communicate with the Chen family and his son about the road show in the United States.

Chen Songqing looked at the prospectus again, and then said to Chen Zhiming: "Zhiming, the most important thing next is the road show. You go back and prepare well. Come with me after a while. This is related to us." There is no room for carelessness when it comes to stock pricing.”

Chen Zhiming nodded solemnly and said, "I understand, father, don't worry, I will put aside everything at hand and prepare for the road show with all my strength."

The pricing of international new stock issuance is a highly market-oriented process. The pricing process is mainly divided into three stages: basic analysis, market research and road show pricing.

Goldman Sachs, as the underwriter of Jiali, has already given its own pricing suggestions. Chen Songqing is not satisfied with it and wants to think about it again, hoping that the next road show will be successful.

The roadshow will demonstrate the value of the issued securities, deepen investors' awareness, understand their investment intentions, discover needs and value positioning, and ensure the successful issuance of securities.

Nowadays, almost all underwriting adopts the underwriting method, in which the investment bank purchases all the issuer's securities according to the agreement or purchases all the remaining securities after the sale by itself at the end of the underwriting period.

The underwriting method transfers all the issuer's risks to the investment banks, so the issuer must pay the investment banks greater remuneration. Goldman Sachs has gained a lot of benefits from Jiani.

Goldman Sachs has taken so much of its own money, so it should make some efforts in this matter. The higher the price is set, the more investment value Carining has. Chen Songqing still knows this.

Chen Songqing also knew his son's character, so he was very relieved about him and said, "Okay, then you go out and do things."

Chen Zhiming hesitated for a moment and said, "Father, this is a critical period for us. Do you think someone will take the opportunity to cause trouble?"

"Making trouble?" Chen Songqing glared and said, "Let's see who dares!"

Destroying someone's wealth is like killing one's parents. If anyone dares to antagonize you on this matter, then don't blame yourself for being ruthless.

Chen Zhiming said with concern: "You know, that Chu Jianghe owns a TV station, and the person who was controlled by us before was his person. Now he is doing things openly outside. If he will have some information If it is leaked, will it hinder our listing?"

Chen Songqing frowned slightly and said: "I have talked with Uncle Zhong about this matter. This young man has a complicated background. Uncle Zhong asked me not to act rashly, but don't worry, with Uncle Zhong here, he won't be able to stir up any trouble. Once we complete the listing, this young man will have nothing to fear.”

Hearing that his father was prepared for this, Chen Zhiming stopped talking. After saying a few words, he respectfully left the office.