Counterattack starts with controlling probability

Liu Fei nodded. "That's right. Although Xiajin Securities isn't as big as the major domestic investment banks, they are very focused on the mass entrepreneurship and innovation sectors, and are particularly good at underwriting the Science and Technology Innovation Board and the ChiNext board."

He continued, "If we can use their help during the listing process, it will not only reduce some costs but also provide a more precise market positioning. Furthermore, I am very familiar with their leadership, so the cooperation may be smoother."

Li Hao was also worried. Since Liu Fei gave him a good-sounding option, he said, "Since you said so, I'll contact them and listen to the specific plan."

Liu Xia added, "Indeed, Xiajin Securities has a very clear market positioning and provides strong support for mass entrepreneurship and innovation enterprises. Choosing such an investment bank may help Noah achieve a more efficient listing process."

"That's a preliminary decision!" Li Hao replied, "I'll sort out the materials and meet with the Xiajin Securities team as soon as possible."

……

After some communication, Li Hao and Liu Xia made an appointment and came to the conference room of Xiajin Securities.

As Liu Fei's daughter, Liu Xia not only has a deep understanding of Feiyue Media, but is also the promotion manager invited by Li Hao to his team.

She knew that this meeting was crucial for both Noah and Feiyue Media.

"Xiajin Securities has a strong ability to integrate resources. If we can use their network to get the two companies listed on the dual innovation board, it will definitely be a good opportunity." Liu Xia whispered with a hint of anticipation in her tone.

Li Hao nodded in approval. He certainly hoped that this cooperation would help both companies to go public.

After the meeting started, the representative of Xiajin Securities first talked incessantly about their successful cases of sponsoring listings in the media field. The conference room was filled with the confident voices of the securities company representatives.

Liu Xia showed great interest in these cases and actively participated in the discussions.

However, when this representative talked about Noah Technology, his tone was obviously cold. He only mentioned it briefly and did not seem to attach much importance to the value of Noah's technology.

Li Hao's face gradually darkened. He looked at Liu Xia and felt the other person's vague uneasiness.

Although Liu Xia felt something was wrong, she did not express it immediately. However, Li Hao gradually felt dissatisfied and could clearly feel that the other party was biased towards Feiyue Media.

Then, the representative of Xiajin Securities gave a detailed introduction to their listing plan. The focus of the plan was clearly on Feiyue Media. Whether it was financial support or publicity resources, sufficient allocation was left to Feiyue Media, while Noah Technology's part seemed perfunctory and lacked systematic planning.

Seeing this, Li Hao felt increasingly depressed, and Liu Xia also noticed something amiss.

She couldn't help but say, "I think the technological value of Noah Technology cannot be ignored. Especially in the current context of technological innovation receiving so much attention, it should be given more support."

The representative simply responded perfunctorily, "Well, Noah Technology does have a technological advantage, but after researching both companies, we still feel that the media industry has a more direct market response, a higher success rate for IPOs, and is more likely to scale up its financing."

When Liu Xia heard this answer, she sighed inwardly, clearly feeling that the other party did not value Noah.

Li Hao's eyes gradually turned cold, and his inner dissatisfaction became more obvious, but he suppressed his displeasure and silently took note of this unfair plan.

Near the end of the meeting, a representative from Xiajin Securities suggested, "We recommend prioritizing Feiyue Media's IPO to avoid resource diversion. As for Noah Technology, a slight delay in its IPO would be beneficial to avoid mutual impact."

Liu Xia frowned, hinting at her doubts. "However, we believe that simultaneous progress by both companies is beneficial to both. If one company delays, it could impact overall market performance and confidence."

The representative did not respond positively to Liu Xia's concerns and appeared stubborn.

This made Li Hao even more dissatisfied, but out of consideration for the occasion, he remained silent.

After the meeting, Li Hao and Liu Xia walked out of the meeting room, and the atmosphere seemed a little solemn.

Liu Xia looked at Li Hao and whispered, "Li Hao, I'm really sorry. I didn't expect this situation to happen. This meeting didn't meet my expectations. I thought Xiajin Securities' resources would be beneficial to us, but I didn't expect them to be so cold towards Noah."

Li Hao shook his head and replied, "This isn't your fault, Liu Xia. It's clear they lack understanding of the tech industry and are overly biased in resource allocation. But it wasn't a wasted trip today. This trip has made me realize that choosing the right investment bank requires more research and consultation."

Liu Xia comforted him, "Don't worry too much about our family. I think we can definitely find someone more suitable! Resources are only worth using when they can be effective. If they backfire, it's really unnecessary."

Li Hao knew that as someone who was connected to both companies, Liu Xia would definitely consider more.

But after hearing what she said, he still replied: "Thank you, Liu Xia. No matter what, we will continue to work hard. I believe we will find an investment bank that can help Noah and promote Feiyue Media."

The two exchanged glances, quickly forgot the previous unpleasantness, and once again became full of expectations for the prospects of the two companies.

Although the results of this meeting were not satisfactory, they knew that going public was not an easy thing. Now that they had taken this step, they had to lay a more solid foundation for the future of Noah Technology and Feiyue Media.

At this moment, Li Hao and Liu Xia were about to leave, but were invited to a separate meeting room by the senior management of Xiajin Securities.

The senior leader cordially invited them to sit down and handed them a cup of hot tea. The atmosphere seemed relaxed, but Li Hao had some doubts in his heart.

The senior executive from Xiajin Securities got straight to the point and said to Liu Xia with a smile, "Ms. Liu, President Fei specifically contacted us, and this isn't the first time we've met. Our company will provide strong support to Feiyue Media, especially in the media sector. Our network of resources and market influence cannot be underestimated."

He paused, looked at Li Hao meaningfully, and continued, "As for Noah Technology, although President Fei has repeatedly emphasized that your company's standards and industry status are very consistent with the requirements, we believe that Noah is more suitable for small and medium-sized investors. After all, the financing model of technology projects is different from that of media."

Li Hao frowned slightly. He could feel the other party's subtle prejudice and contempt.

Liu Xia was observing from the side, and she gradually realized that Xia Jin Securities seemed to be hinting that they should concentrate their resources on promoting Feiyue Media, and that for some reason, they were not optimistic about Noah Technology's project.

Liu Xia forced a smile, but her tone was now more cautious. "I understand. Financing in the media and tech industries is indeed different, but I think Noah's strengths are also very worthy of attention. You should conduct a more thorough investigation."

The senior executive nodded and continued, "Yes, technology does have its unique characteristics, but based on our market research, the media industry has a relatively shorter return on investment cycle and is more likely to attract market attention."

"As for Noah Technology, although it has a certain reputation, if it can catch up with the popularity of Feiyue Media, its stock price may also benefit, thereby attracting more potential investors," he concluded.

When Li Hao heard this, his unhappiness became even more obvious.

He vaguely felt that Xiajin Securities was trying to use Feiyue Media's advantages to "drive" Noah, rather than promoting the two companies as equally important.

Such an attitude is obviously very unfair to Noah Technology.

He looked at Liu Xia quietly and found that her expression was gradually becoming solemn.

Liu Xia bit her lower lip lightly and looked at Li Hao. She could sense the worry in Li Hao's eyes.

Xia Jin Securities' attitude is obviously biased. They do not really value the technological value of Noah Technology. Instead, they intend to use Feiyue Media's market influence to bind Noah and use the media's popularity to attract investors.

This approach may be effective for Feiyue Media, but for Noah Technology, such a strategy is tantamount to erasing its independent value.

After the meeting, Li Hao and Liu Xia walked out of the reception room, with Liu Xia frowning.

She glanced at Li Hao and said softly, "They're really going too far. It seems Xiajin Securities really doesn't have a deep understanding of the technology industry, and their attitude is really hard to describe..."

She paused, took a deep breath, and continued, "I will report today's situation to my father and advise him not to hang himself on a tree. I will see if we can find other cooperative institutions."

Li Hao took a deep breath and tried to calm himself down.

He nodded to Liu Xia and said, "Indeed, I'm a little disappointed with Xiajin Securities' attitude. I originally thought they would treat both of our companies more fairly, but now it seems they clearly favor Feiyue Media."

Liu Xia comforted her, "Don't worry, we can definitely contact a few more investment banks and learn more about their plans so we can find the most suitable one. Noah Technology is very strong and will definitely find a more suitable sponsor!"

Li Hao was very grateful for Liu Xia's understanding and support. He smiled and said, "You're right. At such a critical juncture, we really can't be impatient."

The two sat in the lounge area outside the meeting room and continued their discussion.

Li Hao said bluntly, "They're obviously more interested in Feiyue Media. In fact, we could consider doing Feiyue Media's project here alone. After all, they seem to have a very high success rate."

Liu Xia's expression brightened with gratitude, but she replied, "Even so, their bias against the tech industry is obvious, which shows the limitations of their capabilities. Perhaps we should find an investment bank that truly understands the value of tech."

Although the idea of ​​a joint listing is good, if a suitable partner cannot be found, it may have adverse effects on both parties.

Li Hao replied, "Here's what I think. Feiyue and Noah can obviously leverage each other's strengths and build momentum! Since Xiajin Securities can't do that, then we'll find another way."

……

Li Hao's inner thoughts are even richer.

"Boss Pi, thankfully you came up to sound out the situation, and then immediately used your power to make this happen. It seems we still have to discuss this with Wang Qiang. As the initial shareholder, his fund can't just ignore this!"

[Okay, kid, you're thinking things through now, and it's becoming more and more like my style.]