After the opening, Ruixing Coffee's share price quickly soared to $30.135, an increase of +59.19%. At the same time, the trading suspension mechanism was triggered, and trading was suspended for five minutes to resume trading.
At this time, Ruixing Coffee’s market value also reached a record high of US$7.2 billion.
Five minutes later, Ruixing Coffee resumed trading, and its stock price quickly soared to a record high of US$35.053, with the intraday increase expanding to +85.17%. However, the stock price quickly fell back to US$25.235 per share, and the circuit breaker continued for five minutes.
This wave of highs and lows has led to a drop of -28% from the highest point of the day. The daily increase has also narrowed from the highest point of +85.17% to +33.30%. The trading atmosphere of the stock is extremely active.
After the circuit breaker resumed trading for five minutes, Ruixing Coffee's stock price quickly fell below the $25 price level, but immediately rose to over $30. In less than ten minutes, the stock price broke through the previous intraday high and rose to $30.
At $41.835 per share, the intraday increase expanded to an astonishing +120.99%, and the trading suspension mechanism was triggered again.
Take a five-minute break and calm down.
At this time, the market value of Ruixing Coffee has officially exceeded the US$10 billion mark based on the current market price, and the exact figure is US$10.054 billion.
Lu Ming went to bed after seeing this. With Lao Qi watching, Ruixing Coffee's closing market value today will definitely exceed 10 billion US dollars.
There are also some domestic investors who are paying attention to and discussing this stock. Ruixing Coffee is indeed very popular now, not just as a stock, but also very well-known in the domestic coffee industry, especially among young people and college students.
Buy one cup and get one free. Even when you go shopping on the street or something, the employees of Ruixing Coffee directly issue coupons. A cup costs more than two yuan, and a cup costs five yuan. It is so affordable that if you ask your mother, you even wonder if this coffee is not good.
Quality inspected products.
What they don't know is that this is a treat from Aramco's investors.
…
At the same time, on the other side of the earth, in the Western Hemisphere, where it was daytime, investors holding Ruixing Coffee stocks in the U.S. stock market were very excited, and their stocks more than doubled in one day.
After the resumption of trading, the stock price of Ruixing Coffee continued to surge all night, and finally reached 50.479 US dollars. The intraday increase expanded to +166.66%, and trading was suspended for five minutes again.
Some domestic night owl investors saw Ruixing Coffee's skyrocketing price and gave 666 as a gift.
The company's market value has also been pushed to a historical high of 12.1 billion U.S. dollars, equivalent to approximately 85.9 billion yuan. After the resumption of trading, the stock price did not continue to push up, but quickly fell back, and then began to fluctuate.
The final closing price was set at US$45.362 per share, up +139.63%, with a market value of US$10.901 billion, approximately 77.193 billion yuan.
…
The next day, Lu Ming, who had just woken up, was enjoying breakfast and browsing the news from North America.
Surprisingly, some news related to Ruixing Coffee has been cited and reported by domestic economic media.
According to citing foreign news, Ruixing Coffee will issue additional convertible bonds.
It was originally planned to apply for the subsequent issuance of 12 million ads depositary shares, and planned to issue convertible senior bonds with an amount of US$400 million due in 2o25.
The stock price has just soared +139%, with the market value exceeding US$10 billion. Due to the overwhelming response from the capital market, Chairman Lao Lu decided to add 1.8 million new shares, for a total of 13.8 million shares. The US stock issue price is US$42, which is comparable to the current market price.
It’s $3.362 cheaper.
In other words, the total equity financing amount of Ruixing Coffee before the green shoe mechanism was US$980 million, and after the green shoe mechanism was US$1.13 billion, with a financing of US$900 million.
The scale of fundraising this time will exceed the financing during the IPO, which is equivalent to another IPO.
Chairman Lu Da, who flew to Manhattan in person, told investors and the media that the funds raised from the issuance of convertible bonds and additional issuance will be used for the company’s future general investment, including store expansion, unmanned retail plans, capital expenditures, and research and development.
, marketing promotion, business development, international business, daily capital needs and other general business expenses, etc.
It is worth mentioning that during the upcoming transaction, Ruixing Coffee’s management and other initial shareholders did not sell any equity.
Lao Lu had no intention of selling the stock at all, but instead made a clever move.
Dazheng Capital, another shareholder of Ruixing Coffee, wants to cash out US$230 million. The institution was founded by a well-known domestic PE investor. It targets investment areas including consumer, service and medical industries. It relied on its two leading investments in Ruixing last year.
He became famous through coffee.
After Dazheng Capital reduced its holdings this time, it has recovered its original investment in Ruixing Coffee. After slightly reducing its holdings this time, the institution is still the largest institutional shareholder of Ruixing Coffee, and it continues to be optimistic about the long-term development prospects of Ruixing Coffee. As for
If it's not true, then only the person involved knows it.
Tiansheng Capital's holdings of Ruixing Coffee stocks are the chips Tiansheng Qdie Diving Capital bought in the secondary market, and it cannot be considered a major shareholder.
However, before Ruixing's chairman Lao Lu flew to New York, he had already contacted Tiansheng Capital. Some of the things discussed between the two parties could be expressed in the most down-to-earth terms:
Everyone who sees it has a share. I don’t care whether you cut 30 billion or 50 billion of the leek money you got back from Wall Street. In short, just share it with me 10 billion. I, Tiansheng, won’t use it for nothing, so I’ll give it to you.
I will take 10 billion of my hard-earned money to set up a stage to sing and cooperate with your performance on stage. It’s not excessive. After all, there is a lot of risk in trading Ruixing’s stock price in the secondary market. Isn’t it a lot to make a little money these days?
It’s easy, but it’s difficult for everyone.
Lao Lu felt embarrassed for a while, but he still nodded happily. Anyway, with Tiansheng Capital coming out of nowhere, it would be more stable!
It has to be said that Lao Lu, the chairman of Ruixing, is very impressive. The blueprint and plans he drew and the stories he told made many North American investors excited and wanted to invest money quickly.
Take a look at what Lao Lu told American investors in Manhattan?
Ruixing Coffee released its smart unmanned retail strategy, launched the unmanned coffee machine "Ruijigou", and also launched the unmanned vending machine "Ruihuasuan".
Unmanned retail, unstoppable!
The number of directly operated stores has reached 4,705, surpassing Starbucks and becoming the largest chain coffee brand in Greater China. In addition to Shanghai, it ranks first in the number of stores in every mainstream city in the country, including Ningzhou City and Ruixing City.
It also has the largest number of coffee shops in the city.
In the future, we will expand to 10,000 directly-operated stores, squeeze Starbucks out of the Greater China market, and radiate to Southeast Asia and other surrounding areas, and expand our business globally. Of course, this is a long-term plan for the future, and we must focus on the Greater China region now.
Lao Lu said that Ruixing Coffee, driven by technology and centered on data, creates an "infinite scenario" operating model, fundamentally changing the transaction structure and user experience of the traditional coffee industry, from coffee, tea to light meals, completing
The coverage of "high-frequency to low-frequency" consumer goods opens up a new era of retail coffee in the industry!
What this said, what this story tells... After hearing this, North American investors called out "Huge gift crabs, buy it occasionally". Ruixing Coffee's report card exploded, and this story was simply beautiful. It will be eliminated from the track in the near future.
If you come out to dominate the world and then restore the normal price, you will make a lot of money?
We don’t expect you to be global, but you will already win by breaking out in the Greater China market.
Compared with Starbucks, which has a market value of US$100 billion, Ruixing Coffee can still rise ten times even at the current closing price. Let’s not talk about ten times. Five times is not too much. Even if it is five times, it is a winning rhythm if you get on the car now.
duck.
Does it smell good? Does it smell good?
The investors in North America were as excited as if they had been given a shot of blood. They were waving banknotes and rushing to get on the bus.
"He is a talent."
Lu Ming, who was eating breakfast while paying attention to the news and information, gave such a concise and comprehensive evaluation to Lao Lu, who had the same surname, and then went to the company to work after breakfast.
At this moment, Lu Ming estimated that after the Ruixing Coffee incident was revealed, North American investors would most likely add an additional item when investing in a project in the future: the project team sponsor should be passed with the last name Lu, not the sponsor.
Or the founder, if there is someone named Lu in the founding team, they will still be passed.
