At around 8:40, Li Guangyu's motorcade arrived outside the Far East Exchange. After Li Guangyu and Cao Weiqing got off the bus, reporters asked to interview Li Guangyu.
Li Guangyu said: "Thank you for your attention to the listing of our Jiayi Group. Since the market opening time is very close, I can only answer a few questions."
The first person to ask the question was a reporter from Xiangyu Daily. As a company owned by him, Li Guangyu naturally had to give priority to it.
Just listen to the female reporter ask: "Li Sheng, there are so many groups under our Li family, why do you choose Jiayi Group as the first group to go public?"
Li Guangyu smiled and replied: "I think Jiayi Group is a media group. The listing of Jiayi Group can make the group more transparent and open, which is conducive to the supervision of the government and citizens. This group serves everyone, and
It’s not just for my Li Group.”
A reporter from the Heung Kong Economic News asked: "Li Sheng, we know that in order to obtain the shares of Sun Hung Kai Properties, you specifically handed over the listing of Jiayi Group to Sun Hung Kai Securities. May I ask what Li Sheng thinks of the current Hong Kong real estate industry?"
Li Guangyu said: "We all know that the property market in Xiangjiang is growing rapidly and there is no sign of decline in the short term. In the next year or two, I am still very optimistic about the development of Xiangjiang's real estate industry."
A reporter from the Industrial and Commercial Daily asked: "Li Sheng, you still have many groups that have not been listed. Do you have other plans to go public this year?"
Li Guangyu is not willing to list his group. After the group is listed, there will be more troubles. It is not as convenient as it is now. The funds of each group can be mobilized at will. When capital injection is needed, there is no need to hold a meeting. Li Guangyu himself
Just say it and decide.
The main reason why Jiayi Group was listed was that Feng Jingxi's bargaining chip was large enough, and also because the sole proprietorship of the media group was not conducive to future development, otherwise Li Guangyu would not have been willing to let it go public.
This time Jiayi Group went public, Li Guangyu took out 30% of the shares, 5% of which were given to the senior management of the Li Group. The other 25% of the shares were handed over to Sun Hung Kai Securities at a price of HK$17 per share. Li Guangyu
He still controls 70% of the shares. Li Guangyu personally holds 30% of the shares, and the other 40% is held by Li Guangyu's two investment funds.
Li Guangyu said: "This year, our Li Group has no plans to list other groups yet."
…
After Li Guangyu answered some reporters' questions, he and Cao Weiqing walked into the Far East Exchange.
When the senior executives of Jiayi Group saw Li Guangyu and Cao Weiqing come in, they all said hello to them.
Li Fuzhao said: "Guangyu, Weiqing, welcome you."
As the Li Peicai family, which belongs to the same four major families as the He family, Li Guangyu still has to show respect.
Li Guangyu said: "Uncle Li, thank you for providing such a good platform for our listing of Jiayi."
Li Fuzhao said: "Guangyu, I would also like to thank you for listing Jiayi Group in our Far East. You have helped me a lot. Your decision will affect the choices of many Xiangjiang companies."
Feng Jingxi said from the side: "You two, please stop being so polite. We are both Chinese families and we should support each other. We cannot let the Xiangjiang Exchange controlled by the British consortium dominate."
Li Fuzhao said: "Please come here, the listing ceremony will begin soon."
As nine o'clock arrived, Li Fuzhao stood on the stage and said: "Today we are very happy to welcome another powerful group in the Far East. I think everyone is also looking forward to it. I often hear investors complaining, why Mr. Li Guangyu
If the group is not listed, everyone can make some money. Now this opportunity has come. Li Sheng’s first group, Jiayi, is about to be listed. Now I invite Mr. Li Guangyu, Mr. Liu Tianci and Mr. Feng Jingxi to take the stage."
After Li Guangyu and others came to the stage, Liu Tianci made Jiayi's 79 financial report to everyone.
Later, under the witness of Jiayi's senior management and many shareholders, Li Guangyu and others rang the bell for listing.
The share price of Jiayi Group jumped directly to the opening price of 19 Hong Kong dollars. Li Guangyu still admired Feng Jingxi's operational ability. He was able to make the Far East Exchange open at a price of 19 Hong Kong dollars, which shows his influence in this regard.
I don’t know if Li Guangyu’s influence is too great. Less than half an hour after Jiayi Group went public, the stock price soared to HK$21.5.
Li Fuzhao said: "Guangyu, congratulations, the market value of Jiayi Group has exceeded 2 billion Hong Kong dollars in one fell swoop. Your assets have increased by hundreds of millions of Hong Kong dollars in an instant."
Li Guangyu now controls 70% of the shares. The stock price has increased from an estimated HK$17 to HK$21.5 today. His assets have increased by more than HK$300 million in an instant. No wonder later companies are thinking about going public. This is the value of assets that have not been listed.
It's not a level.
Li Guangyu said: "I would like to thank you and Uncle Feng for this. If it weren't for you two, our group would not be able to achieve such a market value."
Feng Jingxi is also happy. He made a lot of money this time. Now he has no regrets at all about transferring the shares of Sun Hung Kai Properties to Li Guangyu. The profits earned here are enough to make up for the losses there.
Feng Jingxi said: "Guangyu doesn't need to thank us. This matter is good for all of us."
Li Fuzhao is thinking of taking advantage of the current rise in Jiayi's stock market and asking Li Guangyu to list other groups on the Far East Exchange.
Li Fuzhao said: "Guangyu, your Jiayi Group's stock market is now in full bloom, and your wealth is constantly rising. Do you have any plans to list other groups? With your group's profits, as long as it is listed, your wealth will at least be
Go up five floors.”
Although Li Guangyu is very happy to see the rising wealth, he has no plans to list those groups. He does not care about the current wealth. What he wants is control. After the group is listed, some problems will not
You have the final say.
Li Guangyu only plans to list Internet companies in the future, and the market value of those companies is relatively virtual. As for his own industrial groups, Li Guangyu is still more willing to hold them in his hands.
Li Guangyu said: "Uncle Li, I have no plans to list other groups now. When I have such an idea in the future, I will definitely come to Far East to list."
Li Fuzhao was a little disappointed when he heard that Li Guangyu had no plans to go public. Many companies in Hong Kong begged him to let his company go public. When Li Guangyu came, he couldn't even invite them.
Li Fuzhao smiled and said: "Guangyu, if you have a plan, just inform me directly and I will help you handle it as soon as possible."
Li Guangyu watched here for an hour. Jiayi's stock had risen to 22.3 Hong Kong dollars per share, and now it has begun to hover around this figure.
After Li Guangyu said goodbye to Li Fuzhao, Feng Jingxi and others, he returned to Jiayi Building with Cao Weiqing and Jiayi senior executives. As for the stock market, people from Tianyu Investment Company were watching.
After returning to Jiayi, Li Guangyu told Liu Tianci: "Tianci, now that the group has been listed, you must make arrangements to avoid making mistakes regarding the invitation of independent directors."
Liu Tianci also knows that after the group is listed, there will be supervision, and independent directors are one of them.
Liu Tianci replied: "Don't worry Li Sheng, I will make arrangements so that it will not affect the development of the group."
Li Guangyu continued: "In the future, when you cooperate with major groups, you must make clear financial calculations. They should pay as little as possible, and everything must be in accordance with the rules of the group."