Open business day-to-day

Chapter 476 Weiyang Technology goes public
At the end of April, under the auspices of Lin Rui, Weiyang Technology carried out a low-key stock split, and each share was split into 8.5 shares.

Originally, the total share capital was one billion shares. After the split, the total share capital reached 85 billion shares.

Each party's shareholding remains unchanged.

In early May, the U.S. Securities and Exchange Commission officially approved the listing application of Weiyang Technology, and the New York Stock Exchange also passed the listing hearing of Weiyang Technology on the same day, and approved the listing on the New York Stock Exchange.

Weiyang Technology has finally entered the final sprint stage of listing.

On May 34, Weiyang Technology released the latest version of the prospectus, confirming that the issue price per share is between 39 and [-] US dollars.

The public offering of 15 billion shares will expand the total share capital to 100 billion shares, and the financing amount will be between US$510 billion and US$585 billion.

Based on this amount of funds raised, Weiyang Technology will create the largest IPO record in the history of the world.

When the news came out, it immediately caused a global sensation.

On May [-], Weiyang Technology officially launched its global listing roadshow,

Lin Rui and all Weiyang Technology executives were dispatched to all parts of the world, starting the world's largest listing roadshow in history.

Facing the listing of Weiyang Technology, his first career, Lin Rui, who is so homely and low-key, is rarely diligent.Fly around the world in a private jet.

Everywhere we go, investment presentations are held to promote the potential and future of Weiyang Technology to global investors, fund consortiums, and various capitals.

It was not until May 22, when Lin Rui and all Weiyang Technology executives met in New York, for the last road show on Wall Street, that the global publicity campaign officially ended.

After the ten-day road show, with Lin Rui's strong physical fitness, he felt a little tired, and the effect was excellent. Even Lin Rui didn't expect that Weiyang Technology would be so popular in the global capital market.

Everywhere, even without publicity, they were sold out.

……

On the morning of May 24th, US Eastern Time, the New York Stock Exchange at No. 18 Broadway was crowded with people, and the largest IPO in the history of the world will be held here next.

The entire street of the New York Stock Exchange was packed with crowds of investors from all over the world to witness the birth of a miracle and record.

In view of the popularity of Weiyang Technology, the final issue price is set at US$38.5 per share, a total of 15 billion shares will be issued, and the total fundraising will reach a record US$577.5 billion, exceeding RMB 3000 billion.

Such a huge amount of funds raised caused a global shock.

At this moment, in the trading hall of the New York Stock Exchange, Lin Rui and more than a dozen executives from Weiyang Technology were waiting for the bell-ringing ceremony.

At 9:29:50, everyone from the trading floor to the streets of the New York Stock Exchange watched the countdown on the big screen.

"10, 9, 8...1"

Lin Rui and several executives officially pressed the opening button of the New York Stock Exchange.

Amidst cheers and applause, Weiyang Technology, which landed on the New York Stock Exchange for the first time, began the opening inquiry before the official transaction.

在未央科技股票询价区间，股票价格在不断上涨，39、40、41、42、43…

The final opening price was set at $43, an 38.5% increase from the issue price of $11.

There was a burst of applause in the trading hall, and everyone congratulated Lin Rui.

Lin Rui also stepped forward to shake hands with them one by one to thank others for their support.

At the same time, I breathed a sigh of relief, I have been busy for so long, and the listing of Weiyang Technology has finally been completed.

……

However, it is basically impossible for Lin Rui to keep a low profile. This is just the beginning for him.

On the same day, the closing price of Weiyang Technology fell back and still reached 41.8 US dollars, which means that the market value of Weiyang Technology has stabilized at 4180 billion US dollars.

In terms of market value, it has become the third largest technology company in the world after Apple and Google.

Lin Rui's shareholding in Weiyang Technology is not a secret. While his net worth aroused the imagination of countless people, he broke many records and caused a global sensation.

Before listing, Lin Rui directly held 28.8% of Weiyang Technology's equity, and indirectly held 51.2% of Weiyang Technology's equity through Xingkong Technology Group.

The shareholding in Weiyang Technology is as high as 80%.

After the listing, Lin Rui's equity in Weiyang Technology directly held by Lin Rui was diluted to 24.48%, and Weiyang Technology's equity held through Xingkong Technology Group was diluted to 43.52%.

Taken together, the stake in Weiyang Technology is still as high as 68%.

In terms of the closing price of Weiyang Technology at US$41.8, Lin Rui's Weiyang Technology stock alone is worth more than 2000 billion US dollars, although it cannot be cashed out in a short time.

This is a miracle, but also a record. Facing Lin Rui's wealth, which can be called invincible, countless people were shocked.

With this wealth, Lin Rui not only indisputably secured his position as the richest man in the world, but also pushed his personal wealth record to another limit.

Perhaps, only he himself can break it.

……

Subsequently, Lin Rui made the headlines of all financial media around the world without any surprise, and the Wall Street Journal even called Lin Rui the richest person in human history.

Forbes even released a special edition, updating Lin Rui's worth.

That is a dazzling number.

The next day, Time magazine used Lin Rui's photo as its cover, calling him the world's richest man from the mysterious East.

attracted the attention of countless people around the world.

……

In China, the media ushered in a carnival collectively, reporting all the news about Lin Rui in shocking words.

"The latest net worth of Lin's richest man broke the world record. It is equal to the sum of the net worth of No. 10 to No. [-]. I want to ask, who else?"

"Weiyang Technology has a market value of 4180 billion US dollars, ranking third in the world after Apple and Google, and will also be the listed company with the highest market value in China."

"Chinese technology companies dominate the world!"

"Congratulations to the birth of China's first super-large private multinational company in the true sense."

……

Not only Lin Rui, Weiyang Technology went public, and the company's executives also gained a lot.

Co-president Li Yaqin and vice-president Zhao Yan are both worth $8 million at the same time.

Tan Yuanming, Han Yunsong, Shang Yansong, Xu Zhe... are all worth more than 4 million US dollars.

Li Xueming, Liu Heng, Liu Wei, Sun Yutong, Chen Fan, Liu Hao... more than a dozen company executives, each with a net worth of more than [-] million US dollars.

In terms of RMB, there are 80 to [-] people worth more than [-] million yuan.

There are countless millionaires and millionaires.

It can be called a large-scale wealth creation movement.

The only downside is that, affected by this, the housing prices in Los Angeles, which had already risen sharply in the past two years, broke through the [-] yuan mark in an instant, and there is still a sharp upward trend.

It is higher than Shangzhou, the provincial capital, and has attracted countless attention.

(End of this chapter)