Chapter 82 Response 3
"Under the current environment, it is impossible for Chinese companies to go public on NASDAQ, let alone core assets like Guangjia Technology.
The Science and Technology Innovation Board has fallen so badly in the past two years that it urgently needs Chinese companies with sufficient weight and prospects to support the entire board.
“As a Chinese, I certainly hope that Light Armor Technology can be listed on the A-share market. It is too troublesome to trade on the Nasdaq. But the problem now is that since Light Armor Technology will allow foreign investment, it is entirely possible for it to be listed on the Nasdaq.
The Science and Technology Innovation Board needs companies to boost confidence, and Chinese companies also need new stories to raise funds in overseas capital markets. Although there have been rumors about listing on the A-share market, rumors will always be just rumors until they are implemented. "
The people in the stock bar are the most realistic. No matter what your stance is in real life, when you come to the stock bar, you have only one purpose, which is to make money.
The stock price of Boss Jia's Faraday Future has fallen from $1660 at its peak to $0.23, which is much more tragic than a halving. If you ask any normal person on the street, he will tell you that there is no hope.
But if you go to the stock forum, there are still a few small shareholders of Faraday Future who are stubborn and say, "Faraday Future, let me share my opinion. I think the market value can reach 500 billion US dollars within five years."
Then list a bunch of reasons, one, two, three, four, five.
This is the stock market. The butt determines the head, and the head determines what you say.
Even if he knew before he spoke that such remarks would cause ridicule from netizens, he would still say so, because to deceive others one must first deceive oneself.
The relevant financial bloggers on TikTok are all talking about this matter, and everyone wants to take advantage of the popularity, oh no, to keep up with current events:
“I saw the news that Guangjia Technology raised $20 billion in its Series A round, and I also attended the investor presentation held by Guangjia Technology at the Marriott Hotel a month ago.
Let me briefly talk about my thoughts. First of all, I am very happy. Although our company was not selected, after all, we are just an ordinary investment institution. But I am still very happy that foreign capital can invest 20 billion US dollars in a Chinese startup company at one time.
This proves that the financing functionality of foreign capital still exists.
Previously, the amount of foreign investment dropped sharply. The industry believed that this was because foreign capital was no longer optimistic about the domestic capital market. They believed that investing in Chinese companies and the path for Chinese companies to be listed on NASDAQ were blocked, and in the future Chinese companies could only rely on domestic capital for financing.
It now seems that this view is wrong, or not entirely correct. The previous weakening of foreign investment willingness was due to the lack of good targets. For companies like Guangjia Technology, a large amount of foreign capital was rushing to invest, and only the top foreign institutions were qualified to invest.
In the next step, we hope that Chinese companies, and especially excellent Chinese companies, will be listed on NASDAQ, completely overturning this view.
Secondly, we still have to look at young people and technological innovation. Traditional business model innovation has become increasingly difficult to satisfy investors. The proportion of company founders who are PhDs in science and engineering has increased significantly, and investors also prefer this model.
The industrial upgrading and transformation mentioned at the macro level is gradually being implemented in the financial front. Before, when we thought of industrial upgrading, we felt that we couldn’t do it, and Chinese companies couldn’t do it.
After 18, it is not a question of whether we can do it, but a question of whether we must do it. After we actually did it, we found that it was not that difficult. There are always more solutions than problems.
The emergence of Light Armor Technology, in my opinion, seems to be full of accidents, but it is inevitable. With the process of industrial upgrading, China will sooner or later produce a group of global leaders in subdivided fields.
The third is Chen Yuanguang, the God of Light is so awesome, he proposed an unprecedented vision, we want to go to space, we want to start the era of space colonization, no matter what the cost.
Because space is there.
If asteroid mining can be realized, it will be the beginning of the era of space colonization, which is much more significant than landing on the moon. Previously, it was Silicon Valley that was talking about going to space and Mars, but now for the first time, young people in China have proposed such a grand vision.
China's determination and will in the field of cutting-edge technology are no less than that of America.
Some companies have proposed asteroid mining before, but they were all small-scale ventures and they themselves didn’t believe in it. It was only when Guangshen proposed it this time that I felt it might be true.
Let's raise the significance a little bit. For human beings, it is far better to go to space to find increments than to compete for existing stocks on Earth. Only with increments can the contradiction be alleviated.
Finally, I hope the God of Light can succeed."
"Guangjia Technology has raised 10 billion US dollars. Are today's young people so capable?" Lin Qinghua couldn't believe the news and quickly asked his secretary to collect the news for him.
The news he had heard was that Guangjia Technology had received 15 billion yuan in financing and was valued at 150 billion yuan. This number was already exaggerated enough. A big part of the reason for meeting Chen Yuanguang was because of the other party's success.
After reading all the news, Lin Qinghua sat in the 18th floor office building, looking at the city skyline outside and fell into deep thought.
Those working in high-tech look down on those working in finance, those working in finance look down on those working in real estate, and those working in real estate look down on coal bosses. In this industry contempt chain, real estate belongs to the downstream.
This change in the situation happened in just five years. Lin Qinghua remembers very clearly how enthusiastic banks were in lending to real estate companies 18 years ago, but now they are so cold and ruthless that they block your qualifications in various ways.
Even Vanke, the industry leader with the best asset structure, is like this, not to mention local real estate companies like the Lin family. Their industry is a comprehensive group company, but the most profitable and promising business is the real estate industry. Other businesses can only be carried out by relying on real estate. If the real estate is not good, the development of other businesses will be even worse.
The valuation of Chen Yuanguang's company increased from 10 billion RMB to 10 billion US dollars in just half a year, which was far from the limit. Lin Qinghua began to doubt his own abilities. He had worked hard for most of his life, but was surpassed by a young man.
It's still the person his daughter is looking for. If it were the young man in the news, he would at most sigh that the previous wave was beaten to death on the beach. But if it was his possible future son-in-law, Lin Qinghua would be very unwilling.
"It's still Nannan who has good vision. She was able to choose Chen Yuanguang in college. Chen Yuanguang dared to talk to me like that before. Ability is the basis of all this.
If I had found a second-generation rich man who was well matched with me, I would definitely choose what I like to hear. Now I have found a first-generation rich man who is self-reliant. There are pros and cons, and it all depends on the fate of the next generation. "Lin Qinghua said with emotion.
"If I told those old friends that Chen Yuanguang was my son-in-law, they would be so jealous that they would force me to open the Maotai original liquor that I have stored for 30 years.
It’s better not to tell it now. We are just boyfriend and girlfriend now. If we tell them, those old guys will have evil intentions and try to steal our relationship. Then our friends will become enemies.”
When Lin Qinghua returned home that night, his mother said sarcastically, "My daughter is really amazing. It's not her fault that she couldn't choose her family background. Choosing the right partner is a real talent."
Lin Qinghua had just hung his clothes on the hanger when he heard this and his face darkened: "What are you talking about? Is it unfair for her to be born into our family?"
Lin's mother: "What's the good of being born into a family like this?
When our daughter was born, a master predicted her fate and chose a name for her. She was destined to be rich. Your family's business started to grow after our daughter was born.
Before the change, your Lin family was still engaged in the gravel business, an industry where you had to rely on your trousers for support."
Lin Qinghua said: "So I never treated her unfairly."
Lin's mother said: "You always want to bring your illegitimate child into the group, isn't it because she is a woman, and you want your son to take over.
What's wrong with being a girl? Nannan works so hard just to prove herself, but you take gender so seriously. "
Lin Qinghua sighed, "First of all, I don't have this plan. At most, I want him to be responsible for a part of the business as a compensation for him. You also said that he is an illegitimate child. Will his uncles recognize him? Will the various forces behind the old men of the group recognize him?
Can I suppress it for a while or for a lifetime?
Secondly, I had no plan to let my daughter take over because it was too hard. I knew very well that this industry involved too many asset-heavy businesses, and some explorations of new businesses had not been successful. I had always wanted my son-in-law to be the official successor and to carefully screen her.
My standard is that he must be obedient and honest and be a good actor. The decision-making power of specific matters should be given to my daughter, and my son-in-law should just be a rubber stamp. "
Mother Lin sneered: "As it turns out, man proposes, God disposes. The man Nannan found is much better than you expected. The valuation of her first business venture is higher than the combined valuation of all the listed companies in the family.
And he wants to go to space, this unrealistic fantasy, these state-owned enterprises are scrambling to send money to the door, which shows how popular he is. "
Lin Qinghua recalled the private conversation with Chen Yuanguang, "You are right, things are out of my control.
But this result is not bad, isn't it?
The partner Nannan finds can give her more room to develop her abilities and she has ample opportunities to display her abilities.
The $32 billion plan mobilizes unimaginable social resources. It is true that technology is the primary productive force. "
Lin Qinghua and her mother were both shocked by the news. They thought their daughter's partner was too outstanding, and they also had other concerns.
The two fell silent, and Lin's mother said suddenly: "Now you can rest assured to take over the illegitimate child to take over.
Nannan and her son-in-law can be his external support. Even if you die, Nannan can help him calm down the situation. "
Lin Qinghua smiled bitterly: "What are you thinking about, don't you understand your own daughter?
If I let him take over, the first thing Lin Jia will do after I die is to kick him out of the board of directors.
What we need to do now is to avoid causing more trouble and find ways to talk to Nannan indirectly so that she and Chen Yuanguang can settle the matter.
Being a boyfriend or girlfriend forever is not a good thing. If you don't settle down, there is always a chance of something unexpected happening.
Also, you can find out about Chen Yuanguang's family situation and arrange a meeting with his parents. We can build a good relationship with them first."
This chapter is 3k and still needs 5k
(End of this chapter)