Chapter 395: Nasdaq listing

1999 was a year for the world economy that made observers dazzled. The new economic word "network" turned into countless business miracles on the Nasdaq stock market, and every day a new listing record was constantly refreshed. It seems that only one creativity is needed. A college student or even a high school student who sets up a website on campus to get thousands of dollars in venture capital funds, and then waits for the favor of large online companies. The model of selling for over 100 million US dollars is constantly being staged in Silicon Valley, Los Angeles, New York and other places. The deeds of young online rich people getting rich overnight are common. When the "?com" myth brings the best minds in the world to Silicon Valley, the bright future of the new US economy seems to have been revealed to the eyes of the people of the world.

Just when the Internet boom was in full swing, on August 12 of that year, outside the No. 4 Building, where the famous Nasdaq headquarters in Times Square in New York, the huge projection screen built with huge funds today is a dazzling "Chinese red" background. The transaction records that are constantly refreshing on weekdays reflect a slogan in Chinese and English: "China is coming!"

This is because today is the day when Xingdong Network, the eleventh company under Zhongxing Group, was listed on the Nasdaq, the United States, and it is also another company with close ties with Zhongxing Group. The founder of the company and Yang Xing, the ceo of Zhongxing International Group, was the day when Zhang Shengli founded the software company "Black Hole Software" to go public. The management of Nasdaq made a grand publicity to express his respect for the coming of the East, especially Chinese network software companies from all over the United States.

In a conference room behind this huge projection screen, the red-faced star network ceo Mahuateng and black hole software president Zhang Shengli were happily interviewed by reporters from several major American TV network economic channels. However, today everyone's focus is still on Yang Xing in the middle. Because of Yang Xing's influence overseas, although these two companies are not the first Chinese company listed on Nasdaq, they have received great attention from the United States. Of course, this is inseparable from the extraordinary performance of these two companies.

In recent years, under the deliberate guidance of Yang Xing, Xingdong Network has developed from an initial portal to a comprehensive website that integrates projects such as instant news, search engines, audio and video sharing and downloads, software online sales stores, and has successfully become the site with the largest number of views. Even its English version of the website is reaching the top five clicks in the world. Especially the Star Fire Search Engine, which was only launched last year, has been designated as a dedicated search engine by many well-known websites such as Yahoo due to its search accuracy and breadth. Larry Page, the developer of Star Fire Engine in his early twenties, not only became the vice president of Star Fire Network, but also ambitiously announced that within three years, the Star Fire Engine market share will reach half of the world!

In addition, unlike most websites that only burn money but have not found a suitable profit point at this time, when Yang Xing started the website, he clearly stated that he must make money. For example, the bidding ranking model adopted by Xinghuo Engine allows companies to pay a lot of money in order to gain a high position in search ranking. The high number of views on Xingdong websites also makes many corporate page promotional advertisements launched on the web page profitable. In contrast, Xingdong Network's profitability stands out in a website with losses.

The online audio and video and software stores (apps) that were launched in March this year were beyond the expectations of Xingdong.com and became a new source of profit. At that time, Xingdong.com joined forces with affiliated companies such as Xingguang Entertainment and reached an agreement with many internationally renowned record developers, agreeing to place many popular songs in the app online store and provide genuine downloads at a price of US$0.99 per song. Not only are they allowed to be downloaded to the computer to play, but they can also be directly downloaded to the Nebula Electronic MMP digital player to listen to songs at any time, which also drives the popular sales of MMP in North America.

After reaching an agreement with Microsoft, in the second version of the win98 control system support, Nebula Electronics' MPP can download songs through the USB interface. The transmission time of a song is no more than one minute. This greatly ignited the love of teenagers in the North American market who like to pursue novelty, causing MPP sales to rise sharply in North America, and the number of downloads of paid music has also increased sharply. Even if they use 28% of the total with record companies, StarDong Network's profits are also an amazing number.

Moreover, with the world's first color screen smartphone S1 officially launched by Nebula Electronics this year, many buyers found that this phone not only has a simple business program, allowing direct access to the Internet through the emerging wap and wifi modes. It can also directly download Jave games, MP3 music, and even real-format audio and video through the above StarDong Network mobile version, which is like a multimedia terminal on hand.

Although the S1 phone has a small memory, priced at up to US$2,000, and the color screen display consumes a lot of power, basically charging once a day, it has become a new prop for North American teenagers to show off their daily coolness since it was launched in April, and it has been in short supply in North America. The subsequent download of paid apps has also made StarDong Network's app store a rapidly growing profit point.

With such a bright profit prospect, Xingdong Network's listing in the United States was smooth sailing. Goldman Sachs, one of the underwriters, gave an amazing assessment of a total market value of up to $5 billion. After the opening of the Nasdaq, everyone realized that it was underestimated by investors' popularity with Xingdong Network. The company's issuance price was set at $29, and it jumped to a high of $68 after the opening. The next thing was even more dazzling. Xingdong Network's data on the Nasdaq display screen rose all the way, closing at $132 that day, up nearly five times, setting a record for Nasdaq!

According to this momentum, the new member of Star Network, the market value of the new member of the Zhongxing Group exceeded 10 billion US dollars as soon as it was listed, and it jumped into the top three companies within the group. According to the company's articles of association, every employee in the company can get a considerable reward from this listing, because almost every employee's shares have doubled, from ceo Ma Huateng to the company's sweeping aunt, they have transformed into millionaires!

Compared with the glory of StarDong Network on Nasdaq that day, although black hole software companies could not achieve such a record, they were also considered lucky and had a great gain. Black hole software is also one of the few software companies with profitability. In the prospectus, they put forward the slogan "China's Yi'anxin" and was not a gimmick to attract foreign investors. As the largest private enterprise application software company in China, black hole software has long surpassed Kingsoft and UFIDA software and is the main software provider of domestic government informatization. Although it cannot be separated from the special relationship between Yang Xing and the government, the achievements of Zhang Shengli and his subordinates who have been working day and night are also undeniable.

In addition to developing traditional office, finance, and financial software, black hole software has also boldly entered the unknown online game field under the guidance of Yang Xing. After successfully acquiring Taiwan’s Daewoo Game Company, it successively launched many online versions of "Sword of Sword", "Xuanyuan Sword", "Monopoly" and other online versions with good reputation, as well as original online games developed by itself, and in conjunction with the high-end chain Internet cafe plan to be built in major cities across the country. Although the profit is not much, the profit model of combining virtual and real economy, as well as the prospect of the Chinese market supported by the huge population behind it, has made foreign investors vote in confidence in black hole software.

After the listing of Nasdaq, although black hole software did not cause as much sensation as Star Move Network, it still achieved an impressive record of more than 2 times under the stimulation of the "Chinese concept stocks". The market value of black hole software exceeded US$3 billion, and Zhang Shengli, the largest individual shareholder, had a net worth of US$1 billion. If Yang Xing had not been too dazzling, Zhang Shengli could proudly announce that he was the youngest billionaire in China.

Nasdaq and the American media know who the creators of these miracles in the stock market today, so Ma Huateng and Zhang Shengli both became the main targets of Yang Xing for the hosts of various media. Yang Xing also attached great importance to the listing of the two companies, Nasdaq. Moreover, Zhang Shengli is his old classmate. For this reason, Yang Xing also refused to attend the commissioning and trial production ribbon cutting ceremony of Nebula Electronics' first eight-inch wafer production line in Shanghai, and made a special trip to the United States to cheer them up...

The biggest gain of his just-concluded trip to Europe was the acquisition of wafer production equipment and several eight-inch and six-inch complete wafer production lines. The wafer factories in Jiudu, Shanghai and Hong Kong were able to continue to start construction, and doubled their production capacity in a short time. Seeing that the equipment blockade was completely failed, Japan had to turn around and agree to fulfill the cooperation agreement with Nebula Electronics. Nebula Electronics also took the opportunity to place a large equipment order, almost completing the one-year production plan of major wafer equipment production companies such as Sharp and Nikon. Although there are constant controversy, the current listing of Xingdong Network has achieved such a rich return, which will probably suppress a lot of opposition.

During the interview, Zhang Shengli couldn't help complaining to Yang Xing, "I said Yang Xing, you are the main character of the company's listing today. Why is the blonde beauty host staring at you and asking questions alone? I am also a billionaire now, so can't she look at me directly?" Zhang Shengli was also inspired. Being able to list on Nasdaq is like a dream. Last night, he practiced his speeches without sleeping all night. He asked Yang Xing to come over and wanted to support him with his experience. Now his dream has come true, but Yang Xing has taken away his light. Why don't he be envious and jealous?
Chapter completed!