Chapter 291: Billionaire
Chapter 291: Billionaire
#Lu Liang’s Views on LeEco#
#The 7 Billion Ownership#
#Old Jia Heads to America#
#Second Dai Wei#
#Ofo’s Deposit#
Related topics quickly surged to the top of Weibo’s hot
Zeng Minqun, coming to a realization, turned to instruct his assistant to secure the domestic Tesla order, even if it meant launching the first generation of Kirin Batteries ahead of schedule.
He then informed that Bank of China and Zhongtai, the underwriters of the IPO, decided to raise the offer price of the new shares from the original 23.5 yuan to 25 yuan.
After a while, Old Zeng asked, "Mr. Lu, on the afternoon of March 16th at two o’clock, Ningde will have its roadshow in Modu. Will you have time then?"
After all, Ningde was going public on the Growth Enterprise Market with a price-to-earnings ratio of 22.5 times, which might not be much for internet companies but was an ultra-high P/E ratio for a brick-and-mortar business.
According to the IPO subscription formula, it’s necessary to lock in funds at least 22 times higher during the subscription period, otherwise, it would be below market expectations and detrimental to institutional assessments after listing.
"No problem, I’ll definitely be there."
Lu Liang answered with a full smile, patting his chest.
After the listing and IPO financing, his 13.33% ownership would be reduced to 10.664%.
This would be the final number, with no further dilution in the future.
As long as Ningde developed smoothly and broke through the trillion-yuan market value, his 10.665% stake would then be worth 106.65 billion yuan.
Lu Liang would become a genuine hundred-billionaire, and it was only right to put in extra effort and help promote however he could.
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