Demon City, Sheshan Manor.

Today is the Spring Festival, a great day for family reunion.

Su Ming and Li Qingqing and his family sat together, having a lively New Year's Eve dinner and watching the Spring Festival Gala.

After returning from Meiliguo yesterday, Su Ming first sent Mo Weiyu back to Nandu, and after having dinner with the Mo family, he returned to the Magic City overnight.

He accompanied Zheng Miaoke at the China Construction Mansion for one day. In the afternoon, he returned to Sheshan Manor to have a New Year's Eve dinner with his family.

The latter didn't want to make too much trouble, so he didn't come to Sheshan Manor to have dinner together.

Moreover, she has a big belly now and many things are not suitable for eating. If she comes to Sheshan Manor, it will be very troublesome to have a small meal for her.

She just happened to come just so she could not meet Li Qingqing.

Su Yuer is almost four months old and is getting more and more beautiful. She is just babbling and can't speak.

Li Qingqing and the others were still eating at the dining table, but Su Ming was already full and held his daughter to the living room next to him to tease her.

"Call dad, dad~~ dad~~~"

When a parent is happiest, he is playing with his children, watching her grow up and call her parents.

It’s just that the little guy is only four months old, and I’m afraid he can’t call him dad.

Maybe occasionally I heard her call out some syllables such as dad and mom, but it takes about ten to eleven months to completely call out the sound of mom and dad.

"Ba~bha~"

Su Yuer listened to his words and kept slapping his hands in the air, smiling at the corners of her mouth, saliva kept slapping in her mouth, but she couldn't call her dad.

"Su Ming, if you are not at home often, I'm afraid Xiaoqi will call her mother for the first time..."

Li Qingqing smiled at the father and daughter and said with a smile.

Not to mention, she often teaches Su Yuer to call her parents, but she calls her father more.

Because she herself missed Su Ming, after all, the latter was always not at home, and even in the Magic City, she rarely stayed at home.

"This is not necessarily true!"

Su Ming smiled and retorted, anyway, he would be at home and not go out much during the next period of time.

It's the Spring Festival now, and the assistants are all home, so he has nothing to do.

There are senior executives in the Crescent Group, so he doesn't need to come forward.

After a busy year, he also needs a good rest. He did not fulfill Ruoyan's promise to grow up with Su Yuer before.

The Spring Festival is seven days, which is very short, but also very happy.

During the New Year’s Eve dinner, Su Ming’s phone kept ringing, but he basically didn’t watch it.

Several women comforted everything they should comfort and paid the public food they should pay. At this time, he ignored them. They should understand that he was very busy, right?

Well, it's really busy teasing my daughter.

When Su Ming opened his phone, he hugged his daughter and occasionally played with her, but looked at the message on his phone.

Several girlfriends sent him blessings, including red envelopes, voice and text.

He replied to the red envelopes and voice messages one by one, and said that he was really busy today, so that they could have fun.

There are also the blessings from Principal Wang, Jia Quan and others. He is the same. He responds in a voice and can only be dealt with.

However, Su Ming had to answer the next call from Wang Zheng.

They are indeed big shots, and Pinduoduo's development this year is unstoppable, and it is extremely strong to fight out of several major e-commerce giants.

In just one year, Pinduoduo's valuation exceeded more than 7 billion US dollars, and its momentum was so strong that it was a little more powerful than Douyin.

You should know that the valuation of Douyin by the outside world is only more than 2 billion US dollars, which is far inferior to Pinduoduo.

After all, although the number of users of the two is not much different, and they are both at a scale of 200 to 300 million, Pinduoduo's monthly transaction volume is very high.

Almost every day, there is a transaction volume of nearly 100 million soft-girl coins, which is much stronger than Douyin.

There is indeed nothing comparable between the two. Douyin is more about the future. After all, it is now a traffic entrance. Whether it can become a large Internet traffic entrance like Fexin in the future is still an unknown number.

In addition, Douyin is firmly controlled by Su Ming’s New Moon Group. Outsiders cannot participate in getting a share of the pie. They can only drool. Being underestimated is also a basic operation.

Therefore, it is normal for the two to differ in their valuations by capital.

"Brother Su, Happy New Year!"

"Brother Wang, you are also happy New Year!"

After saying good New Year to Wang Zheng, Su Ming started chatting with each other.

However, how could Wang Zheng have a chat?

It is usually a matter of making a phone call. This time it is not financing, but discussing the listing.

That’s right, Pinduoduo is going to go public.

Before IPO, communicate with shareholders and do ideological work, especially at the New Year's time, which is most suitable for discussing this.

Then why don’t you chat again during New Year’s greetings? You have to chat on the phone?

Because when greeting New Year, everyone may not have time. Call to ventilate first, and then make an appointment with everyone after the New Year, then hold a meeting, and then prepare for an IPO.

If a company wants to go public, the process will inevitably be cumbersome. First of all, the shareholders' share reform, asset appraisal, etc. It will take at least ten days and a half months.

Then there is hiring brokerage firms, submitting listing plans and reports at the board of directors, etc., which also takes time here.

Next is the preparation, declaration and review of stock issuance, as well as promotion and issuance after the review is approved. This step will also involve roadshows, etc.

Finally, there are pricing, share allocation, etc. These are all about to go public and are the last step.

The entire process will take at least half a year, and some may take two or three years, or even longer.

After all, Su Ming is a person in the financial circle. Although Wang Zheng is arrogant, he will not underestimate the former. Therefore, if such an important matter of listing is so important, you must discuss with the former first.

In response, Su Ming said that there was no problem, and he even planned to let Huanle Capital issue it as a brokerage firm.

Because Su Ming wanted to eat some of it, after all, Pinduoduo's shares were so delicious.

As a broker with the qualification to lead underwriting, if the Pinduoduo stocks in hand cannot be sold and they will lose their hands, they will need to buy them by themselves.

And is it possible that Pinduoduo’s shares cannot be sold?

There is no possibility of this at all, because there is too much capital to be a brokerage firm, and everyone even wants to eat it by themselves.

But how could Wang Zheng hire only one brokerage firm?

Judging from Pinduoduo's current valuation, its market value will definitely exceed the 10 billion US dollars after its listing.

There may even be a big explosion, which can directly exceed 20 billion US dollars. This is possible.

"Well, Mr. Su, I plan to go to Meili Country to go public..."

Wang Zheng suddenly interrupted Su Ming's words, and did not continue to say the following words, but everyone understood.

This means that Su Ming’s Happy Capital Company does not have the qualifications of a brokerage firm.

Although Wang Zheng knew that Su Ming had opened a branch in North America, how could he be qualified as a broker in just a few months?

Even if he knows that Huanle Capital is not small, once Pinduoduo goes public, its market value will not be too bad.

What's more, he plans to increase Pinduoduo's monthly transaction volume to 4 billion or even 5 billion in the past six months of his IPO.

In this way, Pinduoduo's annual transaction volume may exceed 40 billion to 60 billion soft sister coins.

Although it is very different from Ali's single-day transaction volume of more than 90 billion yuan last year, this is also a huge improvement.

You should know that if Pinduoduo has only been established for more than a year and its annual transaction volume reaches 40 to 50 billion, it is already very terrifying.

In this way, there is no need for securities firms like Huanle Capital to exist.

After all, there are too many high-quality brokerages on Wall Street, so why do you need to find Happy Capital?

Another thing is that Su Ming has more personal shares in Pinduoduo than his founder. Although his voting rights and control are in his hands, he is not worried about being stolen by the former.

But I still feel a little uncomfortable, just because I feel that he is working for Su Ming.

Also, if Pinduoduo wants to continue to take a bigger step, then attracting more partners is the best choice.

The financial tycoons on Wall Street do not have too many resources to control, and they give Pinduoduo more and more choices.

Only by introducing more resources, broadening channels and supply chains, and further digging into Pinduoduo's business model can you make a lot of money.

As capital, we all need to make profits. Why should Wall Street tycoons give Pinduoduo resources?

Of course, we have to share some profits. Pinduoduo is so optimistic about by capital, and the equity premium is very high. Who doesn’t want it?

Therefore, he did not want Su Ming to participate in this matter, but wanted to leave it to the Wall Street financial tycoon.

"Is that true?" Su Ming smiled, and said in surprise as if he had not heard the other party's subtext:

"That's great. I just happened to have a company in North America and got the relevant qualifications. Don't worry, I will definitely do a beautiful job of listing..."

When Wang Zheng heard this, he was speechless. He wanted to eat any kind of meat. He was a little too greedy, right?

He was a little angry and his tone became much stiffer: "That's it, then let's have a good chat at the shareholders' meeting after the New Year..."
To be continued...