"Just issue it at 15% of the scale."

Wang Liu nodded and knocked, looked at Li Xiangtao and He Jiayi, and asked again: "What is the issuance price? Have you discussed it?"

He Jia shook his head and said, "Not yet. Another thing I came here today is to discuss pricing issues with you.

The pricing of Hong Kong stocks is divided into two steps. The first step is to initially inquire, first determine the price issuance range, and then through a roadshow, the investors choose the price and subscribe themselves, and finally determine the issue price based on the subscription results.

I have made an estimate for Tiansheng that the valuation of e-commerce and game businesses to be listed this time can be between 68 and 74 billion yuan. The corresponding issuance price range is only the specific amount, and it will have to wait until the price inquiry is in place before it can be determined."

68 billion to 74 billion…

With the current market size, this valuation is reasonable.

As for the specific price, it can only be determined after the roadshow. After all, you have to look at the investor's enthusiasm for subscription first. Otherwise, if you blindly determine it, it will be too high, which will affect the investor's enthusiasm for investment. If the setting is low, it will be free and suffer losses, which is not appropriate.

Wang Liu naturally understood this principle, nodded and said, "Just as you said."

"good."

He Jia smiled and said, "In addition, although the two businesses of e-commerce and gaming have high potential in the future, no one can tell the future, and there are risks.

If you want investors to subscribe with confidence, you have to make a profit commitment. For example, if the company makes at least a profit in a year, if it fails to achieve it, the major shareholder has to pay or make up for the stock.

Mr. Wang, look..."

"Okay, do you think the profit promise is better?" Wang Liu looked at He Jiayi and asked.

He also knew that the profit promise was to stabilize the market and also a little guarantee for investors. Otherwise, if the stock price went public, it would fall below the issue price, and the listed company would have lost money, but wouldn’t the investors lose a lot?

There is no such way to cut leeks. If this continues, even the stock market may be affected, so profit commitments are necessary.

"Generally, the minimum is 10%. There is no limit when it is high, but it is best not to set it too high, otherwise the pressure will be too great. If it is not done, it will be a big loss." He Jiayi reminded with a smile.

Wang Liu rolled his eyes immediately: "You think I'm stupid. There's no benefit when you set a high level. You just dig a hole for yourself. I will do that only after I get into my mind.

Just let investors subscribe with confidence. Since the minimum price is 10%, then promise 10%.

"Okay, listen to you."

He Jia smiled and responded, then looked at Li Xiangtao, who understood it and said:

"There is another last thing. As the founder of Tiansheng, you have made great contributions to the current company. Mr. Wang.

Now the company is about to go public. In order to thank Mr. Wang for his efforts to the company over the years, I discussed with Mr. He and decided to take advantage of this IPO to issue a one-time stock reward of 40 million shares to Mr. Wang. I hope you can accept it."

One-time stock reward?

Send it to me?

Repay 40 million shares?

Wang Liu was suddenly a little confused. According to the issue price range given by He Jiayi just now, even if the lowest price is 22.2, these 40 million shares are worth at least 880 million.

If calculated based on the highest price of 24.2, it will be worth nearly one billion!

Such a large sum of money, just...reward him?

Moreover, for such a big thing, he, the boss, had no idea about it before...

Wang Liu glanced at Li Xiangtao, turned his head to look at He Jiayi, and frowned and said, "When did you two discuss it? Why haven't I heard of it?"

"Just a few days ago, not only Mr. He, but also Mr. He, Xiaoma, Lao Zhang, and several other senior executives of the company have discussed it. We unanimously agreed that you should give this reward to Mr. Wang, otherwise it would not be enough to thank you for your contribution to the company." Li Xiangtao said righteously.

OK, together with all the executives, even outsiders He Jiayi, knows it, just him, the boss, is in the dark...

Wang Liu was a little speechless and moved, and sent him such a big red envelope, and the reason was so high-sounding...

It is worthy of being the executive he chose, and he is right!

However, out of caution, Wang Liu asked again: "There won't be any trouble if you do this, right?"

"Won't."

He Jia smiled and said, "This is considered an unspoken rule of IPO. Isn't everyone starting a business just to make money? I have made the company big from a young age and led the company to listing all the way. I have put in so much effort. The founder should get some rewards in terms of emotion and reason.

This is something that everyone agrees with, and there is no trouble. Mr. Wang accepts it with confidence. Even if it is not for yourself, he has to consider it for the rest of the company. There is a reasonable stock compensation system, which will also facilitate the company to retain and attract talents and employees in the future.

Therefore, this money is not only a reward for Mr. Wang, but also hopes that you can set an example to retain and attract talents for the company in the future, so that the company can have more motivation to develop and make contributions."

Yes, the company has come to this day, not only his own company, but also the common cause of Li Xiangtao, company executives, and all employees.

As we have gone through the journey, we have made a lot of efforts, and now we have been on the market, and we deserve some rewards.

If he, the boss, doesn't take it, it will be difficult for them to take it. He really has to accept the money and set an example.

It's just... he took this money and felt a little guilty.

Tiansheng has been in charge for more than three years, and he has been in the company for a limited number of times. He has always been a hand-off manager, and occasionally makes some decisions and takes care of things. He seems to have not made any contribution to the company over the years.

As for what He Jia said, it was even more outrageous, and he also made contributions...

Have you ever seen that you can make contributions by collecting money?

The capitalist's mouth is indeed amazing.

But he likes it!

One billion, the reason is so high-end, it’s useless to take it!

Wang Liu suppressed his joy and reluctantly said: "What he said makes sense, then I... accepted it, but I can't just take it. Xiang Tao, the company's executives, and all employees have made great contributions and have to reward them.

This matter is left to Xiang Tao. Let’s go back and make a plan to see how to determine the reward candidates and how many people will give each person.”

"Okay, this is something that's all for me."

Li Xiangtao immediately smiled happily and agreed with a big bag.

In terms of merit and practice, in addition to Wang Liu, he, the general manager, has made the most contribution.

He Jiayi smiled happily. Although the reward has nothing to do with him, in addition to e-commerce and game business, Tiansheng also has many businesses such as social, search, payment, and logistics, and will definitely be listed in the future.
Chapter completed!