This evening.
Aside from Chai Ren and Zheng Lin.
There were many others who couldn’t sleep.
The most anxious, in fact, was Cot Group President Pu Chaodong who was rushing to Hong Kong. Tang Qing was too lazy to join the excitent, so it fell to him to witness this important mont at the scene.
Hong Kong.
Kowloon.
Shangri-La Hotel.
Standing before the floor-to-ceiling windows.
Pu Chaodong gazed out at the glittering lights and let out a long sigh. Cot Group was going public. It felt like a dream to him, and he couldn’t help but reminisce about the developnt history of the Cot Group.
In the beginning.
It was just a film company.
Afterward.
Under Tang Qing’s substantial capital investnt, it continuously expanded to cover online videos, internet literature, publishing, dia, music, TV series, theater circuits... and now, it had beco a behemoth in the Chinese internet industry.
Two years.
It took just two years.
Two years to go public.
This was sothing he had never dared to dream of when he first beca president of the company. Back then, who was Tang Qing? Not many knew, but now, there were hardly any who didn’t.
The listing alone was one thing.
But it was going public with a valuation of over a hundred billion US dollars. Besides marveling, the outside world didn’t think the price was unreasonable. Instead, they coveted it, scrambling to buy shares.
Just three short days.
Without even a road show.
The underwriters had completed the underwriting.
And that wasn’t all.
There was also an oversubscription, even crazier than Ali’s IPO. This listing not only represented a huge cash inflow for the company but also another reason for his excitent.
-- His own net worth was going to soar.
That’s right.
Before the IPO.
Tang Qing and two other shareholders had allocated one percent of the company’s stocks to be distributed among the Group’s employees, which were tradable, unlike the company’s share bonus plan tied to job positions.
Every employee with more than a year’s service would receive them for free.
As for those with less than a year.
They could only buy with money, though at a lower price. These shares were non-circulating and could only be traded on the Hong Kong Stock Exchange after one year.
It could be said.
This was akin to handing out free money.
One percent.
These were the Group’s shares. According to the company’s current valuation, they were worth several billion RMB. As the president of the Group, Pu Chaodong had a five percent share, worth about sixty million.
To tell the truth.
Compared to the equity other startups offered their senior executives.
This was pitifully small.
But Pu Chaodong felt like he had struck gold. He knew very well that the developnt of the Cot Group to its current status had less to do with his abilities and more with Tang Qing’s capital infusion.
Up until now.
The Cot Group had been buying along the way, backed by capital.
Plus, with two major shareholders with impressive backgrounds, it had reached today with scarcely a setback. His role was rely to push forward according to Tang Qing’s and Tianyan’s strategic goals.
Work as much.
Earn as much.
Pu Chaodong dared not hope for more.
He was well aware of how much he had done and what his role was worth. Now he had sixty million, but he suspected that figure would change by next year, potentially fulfilling his forr dream—becoming a billionaire.
Thinking of this.
Excitent flickered across Pu Chaodong’s face.
He had confidence in the company he managed.
Confidence in Tang Qing.
...
Seven o’clock.
Pu Chaodong was awakened by his biological clock.
He washed his face with cold water.
Ca to the restaurant.
"Mr. Pu, this way."
Just as he stepped through the door, a voice called out to him; it was one of Cot Group’s Deputy General Managers, Shen Yi. Feeling a bit apprehensive about handling the situation alone, he called Shen Yi over, not expecting Shen Yi to be up so early.
"You’re pretty early," Pu Chaodong said as he took a plate and filled it with breakfast before sitting next to Shen Yi.
"It’s fine," Shen Yi replied.
There were so red threads in Shen Yi’s eyes—an indication of not having slept much. As the Deputy General Manager of the Group, he owned fewer stocks than Pu Chaodong, but according to valuations, they were worth about thirty-five million.
He had never thought.
That he would be ’this wealthy’.
Following Tang Qing.
Indeed, there was at to eat.
Normally he had no big expenses and hadn’t started a family. Just a few days ago, he received millions in annual bonuses, which he transferred to prepare for purchasing more of the Group’s stocks, believing in the promising returns in the future.
After a short while.
Other employees from the Group began to co downstairs.
The market opens at ten.
The call auction starts at nine-thirty.
They needed to be there by nine.
"Good morning, General Manager Pu."
"Good morning, Manager Ma."
As breakfast was almost over.
A team clad in suits and dresses approached.
n and won alike, the team was led by a man with the surna Ma. Pu Chaodong greeted them warmly, recognizing them as mbers of Tianyan Group, with Ma being the Deputy General Manager of the Tianyan Hong Kong branch, in charge of the branch’s financial business.
The going public of Cot Group.
It was orchestrated by this branch.
Going public.
This was currently a major business for Tianyan. There were a few companies in the initial stages, going through the processes, but only Cot Group had officially embarked on the journey to listing.
It was simple.
The acceptance.
Many companies aspire to go public, requiring a series of audits and submitting substantial materials, but as a company regulated by Tianyan, all materials are well-prepared, with clear stock rights and an optimistic outlook on future profits.
Therefore.
The going-public process for Cot Group progressed swiftly.
But it was different for other companies; the audit was strict, and it was uncertain whether they would succeed. Up to now, Tang Qing’s company had beco their ’only success story’.
They also knew they couldn’t rush this.
Listing so rubbish companies would be a pitfall for investors. Tianyan’s listing services aid not at the quantity but at establishing a reputation to avoid accusations of Tianyan being money-focused and in cahoots with others to cheat people.
Naturally.
As the team operating the listing.
Tianyan had to be there too.
Manager Ma looked at Pu Chaodong and his companion with slight envy; going public signaled a surge in net worth, and based on his predictions, in no ti both individuals would beco billionaires.
As for multi-millionaires.
Cot Group was at least going to create several dozens of them.
...
At eight fifty.
The group arrived at the stock exchange.
They went to the hall specially arranged by the exchange and waited. Apart from them, many other investors, both large and small, showed up. Compared to just checking the computer at ho, it was more reassuring to be present at the scene.
Also, to et with Pu Chaodong.
After all.
They were investing real cash. Other companies coming here to go public would at least hold a banquet or a road show, but this company did none of that, and still, they sold out, even offering oversubscriptions.
The chairman being absent on such a crucial day.
Unprecedented.
Only Tang Qing could pull it off, and thinking of him, most of the Hong Kong tycoons present had complex feelings. The rise of mainland China was simply too swift, to the point they couldn’t comprehend.
In just two years.
Tang Qing had grown to this extent.
Taking away the title of the richest Chinese from the Li Family.
With Cot Group going public, Tang Qing was almost certain to claim the second spot on the world’s rich list next month. In two years, he surpassed efforts they had taken decades to build. They felt helpless and could only ride along with the montum.
Just like that.
The group exchanged pleasantries.
Ti gradually approached nine-thirty.
The call auction began.
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