The layout is a bit too wide now.

It is equivalent to Bomi having to fight with Apple and Google at the same time.

"So what?" Cao Yang raised his eyebrows and smiled slightly, "What conclusions did you come to during the meeting? Do you have any better suggestions?"

Liu Zhiping walked in with a smile, probably not planning to leave in a short time. He pulled a chair in front of Cao Yang and invited Cao Yang to sit down together.

"Now that the strategy has been deployed, there is no reason to recover it," said Liu Zhiping. "What we are studying now is how to solve the problem of funding."

"Well, how to solve it?" Cao Yang asked.

"First find a bank loan, this is the first type," said Liu Zhiping. "Bomi is already quite large now. I guess it should be no problem to borrow tens of billions of dollars, but in this way, we will be under great pressure to repay."

Um……

When there was no mobile phone or such a large-scale industry before, Bomi's game department was still very profitable. The 1 billion loan he borrowed in 2001 was quickly paid off.

Bomi has good repayment credit and huge assets, so it is not difficult to continue to borrow from a bank, but as Liu Zhiping said, repayment pressure is very high.

In order to acquire Xiangjiang Telecom, the second son of the Li family directly borrowed US$13 billion from the bank.

This led to his subsequent repayment pressure. Later, he was on the verge of bankruptcy, and he was still the one who was still the one who won him.

If Bomi wants to borrow so much money from the bank now, he feels that the repayment pressure is also very high.

"What about other ways?" Cao Yang continued to ask.

Since Liu Zhiping has discussed it with colleagues in the strategic department, there should be more than one plan.

"There is another kind of thing..." Liu Zhiping smiled, his eyes lit up, "Let Bomi go public."

"Let's go public?" Cao Yang was startled by his proposal.

Since the merger of Penguin to Bomi, Cao Yang has given up the idea of ​​going public. Now that Bomi's business scope is getting wider and the company is getting bigger and bigger, he doesn't want to go public.

What Cao Yang thought was to learn from Huawei and never go public, so that he would not be manipulated by the capital market and would maintain his independence and integrity.

He had discussed with Liu Zhiping before and reached a consensus that he decided not to go public.

Now Liu Zhiping has brought up the listing again, which Cao Yang did not expect.

"Listing is actually the best financing method," said Liu Zhiping. "I have calculated that according to Bomi's current industrial structure and profit, our company's valuation will exceed that of Apple in the United States, and it will probably reach a very astonishing $70 billion."

$70 billion?!

Cao Yang was a little scared by this number.

This was the time when it was in 2006, and the ability to generate such a high valuation shows that outside capital is quite optimistic about Bomi.

However, it seems that this is also inevitable. After all, Bomi's business is quite profitable now. Newly developed smartphones can almost produce a monopoly effect. As long as they enter the market, they can crush the current mobile phones.

After all, if it is really listed, Cao Yang will immediately become China's richest man.

In the Forbes ranking last year, Gates ranked first with a net worth of US$46.5 billion, while China's richest man Li Jiacheng's assets were US$13 billion.

As long as Cao Yang maintains a shareholding of more than 20%, he will surpass Li Jiacheng and become the richest man in China.

Moreover, it is possible that Bomi's stock will continue to rise due to the optimism of external capital, which may make Cao Yangeng surpass Gates.

...

No wonder capitalists like to go public, because the speed of raising money and personal assets inflated are too fast.

Cao Yang swallowed two saliva silently, suppressing his desire for the richest man.

Make yourself more rational.

"If... I said if, we really want to go public," Cao Yang asked, "Where is the better place for us to go public?"

Liu Zhiping was slightly stunned, as if he didn't expect Cao Yang to let go.

"My idea is to go public in Xiangjiang and then sell the stocks to the United States at the same time."

"Hmm?" Cao Yang was slightly stunned, "Is there any such operation?"

"Yes," Liu Zhiping nodded, "This is OK, just use ADR.

This thing is called a depositary receipt.”

In order to earn money from companies in other countries around the world, facilitate American investors to participate in foreign stock investment, and provide financing channels for companies in other countries except the United States, the United States' Morgan Bank created the American depositary receipt in 1927.

Liu Zhiping said, "ADR can not only be exchanged between depositary receipts, but also with other securities. Investors around the world can buy Bomi's depositary receipts on the US exchanges, and at the same time buy Bomi's stocks in Xiangjiang."

“There are several reasons for listing in Xiangjiang:

First, Bomi's business model cannot find an analogous benchmark company in Beimi. All the instant messaging tools in the United States, from ICQ to Yahootong, and then to MSN, are not an independent company, and have not found a profitable model.

Second, Xiangjiang is closer to Bomi's own local market, and Xiangjiang's analysts and shareholders obviously know Bomi better than Americans.

In theory, a company based on serving the public users has a closer approach to its local market, the more realistic the company's value will be.

The valuation of Internet companies by the Xiangjiang Stock Exchange is definitely not as high as that of Nasdaq, but there are fewer stock prices fluctuations than the latter. This may be a good thing for Bomi, who is pursuing continuous growth.

Third, listing in Xiangjiang will also bring about a possibility, that is, as a red-chip stock, it may return to the capital market in mainland China in the future. The one who knows Bomi best is always its billions of users.

Fourth, we are listed in Xiangjiang and can sell it in the US market through ADR, and raise more funds through American shareholders.

Fifth, in terms of supervision, we still rely on our motherland, which is much less risky than listing on Nasdaq.

Now we will be stuck even in sales of mobile phones in the United States. It is difficult to guarantee that the United States will not be more harsh in the future. If something happens, the risk of listing on Nasdaq will be too high."

Um……

Cao Yang lowered his eyebrows and said nothing. In fact, he instinctively wanted to refuse, but what Liu Zhiping said in the end touched him a little.

Liu Zhiping and he thought of going together.

Based on Cao Yang's understanding of the United States in his previous life, if you go public on Nasdaq, it is basically equivalent to stretching your neck over and pinching it with your hands, and you can do whatever you want.

If listed in the country, the stock price may not necessarily produce rapid growth.

So Hong Kong is a better choice.

In addition to what Liu Zhiping said, if you sell Bomi's shares in the US market through ADR, you can still cut American leeks in the future, which feels like a way...

"Well..." Cao Yang thought for a long time, raised his head and said to Liu Zhiping, "Give me some time to think about it. It's too late today. I'll wait until tomorrow I'll be more clear-headed and then think about this issue."

"Okay," as the director of the strategic department, Liu Zhiping was just a military advisor who gave Cao Yang advice. The specific one must be controlled by Cao Yang himself.

"Let's go, I'll treat you to a midnight snack." Liu Zhiping invited him with a smile.

...

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