We are all reborn, who wants to be the richest man?
Chapter 333 Financing Negotiated
On the eighth day of the first lunar month, on the first day of work, a big news that shocked Hong Kong and Kowloon broke out on the front page of Southeast Daily.
United Lighting, the instigator behind the dream world that shocked Hong Kong and Kowloon on New Year’s Eve, completed Series A financing.
Asia Capital, Yunhua Investment, Goldman Sachs, Morgan Stanley, and Citi invested a total of US$3500 million in United Lighting, with a post-investment valuation of US$1.75 million.
This financing can be said to be a step forward for both parties. Wall Street increased its valuation of United Lighting, and United Lighting diluted more of its equity than expected.
Originally, according to United Lighting's previous plan, they would dilute about 13% of their shares in this round.
However, based on the current financing price, United Lighting has given away a full 20% of its equity.
Moreover, this round of financing was led by Morgan Stanley and Goldman Sachs, and the Far East Group only received 4% of the shares in this round of financing.
People have let things go in California, so Luo Nianzhong naturally has to show some signs of it.
I don’t know how the three banks negotiated. Morgan Stanley and Goldman Sachs each divided 6.5% of the equity, Citigroup and Asia Capital each held 3%, Yunhua Investment only held 1% of the equity, and Far East Bank gave up this round of financing.
This company, which was founded just over a year ago and does not have any product factories, has become a large enterprise on Hong Kong Island with a market value of over 1 billion Hong Kong dollars. It was rated as another rising world-class enterprise company on Hong Kong Island by Southeast Daily.
For a while, Hong Kong residents who saw the report didn't know what was going on.
"United Lighting? What kind of company is it? Do you sell light bulbs? Can you make so much money selling light bulbs now? The market value exceeds one billion Hong Kong dollars. I have never heard of it before."
In the streets, alleys, stock market restaurants, people with this question abound, and they all want to know where this sudden company came from?
“These days, it’s really different from our time.
In our era, a company with a market capitalization of more than 100 million Hong Kong dollars was considered a big company. Now, no one is willing to report on you if you don’t have a market capitalization of 1 billion Hong Kong dollars. Even if you don’t have a market capitalization of 5 billion or 10 billion Hong Kong dollars, you would be embarrassed to say that you are a big company.
But whether it was in the past or now, it is the same for us who play stocks, vision is the most important.
What does your eyesight rely on? It’s the wealth of experience, quick thinking and powerful insights…”.
In the securities trading hall, an old man was telling a young man who had just entered the industry about his experience in the stock market.
Unfortunately, before the old man could enjoy himself to the fullest, a voice from the side interrupted him.
"Hey, Uncle Li, are you still lamenting to the young people? Are you going to tell me about the skyrocketing Far Eastern stocks in your hands next?
Little brother, don't listen to what Old Man Li says, it's of no use at all. Before he held Far Eastern stocks, whatever he bought would fall."
The old man was not happy when he heard this, saying that he was like a good-for-nothing who suddenly got lucky.
"Boy Chen Er, what are you talking about? Losing money before doesn't mean losing money all the time. Now, aren't my stocks rising every month?
What's this? This is what I have learned over the years."
"Hey, what's your experience? Follow the footsteps of the Far East?"
Old Man Li looked very proud, "What? Doesn't it work? Do you dare to tell me about your father's stock income this year and compare it with me?"
Mr. Li's words made Mr. Chen speechless and unable to refute, because Mr. Li did have the capital to say this.
At that time, his father and Mr. Li were both lucky people of Far East Chip. However, his father sold the stock when Far East Chip was listed at a high level and the growth was slow, while Mr. Li held it.
At that time, his father, Chen, was imparting experience to Mr. Li, saying that the price of chips in Far East was too high now and would definitely fall back after the craziness of listing.
Lao Chen was right, the callback is coming.
But it didn't work. After two days, Far East Chip started a new round of stable growth, and is now the second largest listed company in the world.
“So I say, it’s not wrong to follow the Far East.
Don’t worry about what United Lighting does, I just saw Far East Bank and Yunhua Investment investing in them.”
Nowadays, outsiders don’t know that Asia Investment and Korea Capital are actually Far Eastern investment institutions. Hong Kong residents are familiar with Far East Bank and Yunhua Investment.
There are many people like Mr. Li in the market, which also leads to the fact that every time a Far East-related or Far East-invested company is listed on the market, it is sought after by investors.
Luo Nianzhong still doesn't know that this external force has made Far Eastern investments favored by many Asian companies in the future.
Hong Kong people don’t know what United Lighting does, but that doesn’t stop it from becoming a hot topic in Hong Kong.
So a large number of media rushed to the start-up building in the New Territories and began to dig up information about the company.
First, there is the dreamy lighting at the Far East Group headquarters, which is no longer a secret on Hong Kong Island.
Through media reports, Hong Kong residents found out that this was the product and masterpiece of this company. They thought it was a new invention of the Far East Group.
Then came the invention of blue LED. This time, Hong Kong media became teachers for all Hong Kong citizens.
A detailed science popularization of the invention of blue light LED, the great significance of this invention, and the things that will change the lives of our people.
Finally, there were nine founders, who directly created seven multi-millionaires and two billionaires.
This has just completed the A round of financing and has not gone public. When United Lighting goes public, the net worth of these people may not be very high. At least a billionaire cannot escape.
Under the deliberate guidance of Asian media, a series of titles such as the chosen one, the golden bachelor, and the business tycoon were ascribed to them.
Now the nine people are the darlings of the media. Not only the Hong Kong media, but also some media in Southeast Asia and beautiful countries have also reported on it.
After all, the nine people come from several regions, which is also the origin of the name United Lighting. It means that their company, like the United Nations, comes from several countries.
The most sensational ones here are Hiroshi Amano, Van Bier and Li Jianjun.
Not to mention the first two, the major shareholder of United Lighting is worth nearly 300 million Hong Kong dollars based on the current market value of United Lighting.
The $30 that Van Beer invested had more than doubled in one year. This incident was naturally reported by the media in Ohio. When he found out, he asked if it was true. Then came a scolding.
"You brat, your wings are stiff, right? You didn't even tell me about such a big thing. I only found out about it from the newspaper."
After scolding, Old Fanbier was relieved.
How long had it been since my son came to Hong Kong Island despite his family's objections? The accumulated wealth is almost more than his own. It seems that his son has a higher vision.
Compared with the rise in fame of the two major shareholders, Hiroshi Amano and Van Beer, Li Jianjun was able to break out mainly in his hometown.
The expressions on the faces of the organizations stationed in Hong Kong were indescribably wonderful when they learned that the interns from Shanghai who came to work in the Far East had turned into corporate founders and multi-millionaires.
At first I thought it was a mistake, but after verification, I realized it was true.
Rabbit is reforming. Isn’t this a perfect example?
And this is not wealth gained from industries without technical content. Real knowledge changes destiny, and technology creates greatness, right? Full of positive energy.
Through knowledge, we can overcome world-wide problems and ultimately benefit society. If you don’t publicize, who would you promote?
It can be said that Li Jianjun has become the idol of many businessmen and students in Rabbit. This has also affected to a certain extent the choice of studying abroad in China. Hong Kong Island has become the first choice for all students.
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