For about a week, Luo Sheng was in frequent contact with major investment banks. At the age of 20, she was constantly mediating with a group of shrewd Wall Street bankers, and she was at ease during this period.

Anyway, Luo Sheng is not in a hurry at all. It’s only May now, so it doesn’t matter if his company waits for another year to go public.

Even if it is not listed, it is OK, but Wall Street will definitely not agree. Hundreds of millions of dollars have been invested one after another. No matter what, it is taking huge risks. As a result, the returns are not equal, and it will definitely not be accepted.

And this is Luo Sheng’s reliance on the other side is not in a hurry at all. What is now urgent is the major investment banks.

As time goes by, Luo Sheng continues to meet these Wall Street bankers, and he only meets one person every time. If he wants to meet him together, he will find a reason to say that he has no time and is working on technology research and development in the "Coast of Blue Lab".

Luo Sheng is not afraid of collusion between major investment banks, because collusion means diluting interests without any suspense, and people are greedy, especially on Wall Street.

The result was that major investors were able to obtain the qualification to contract the listing of Blue Star Technology Group, and all reduced the commission ratio, from the initial 7.2% to the final 2.15%.

Finally freeze here.

This ratio is obviously much lower than what I had paid before. The outside world wants to know what Luo Sheng and Wall Street are talking about. It took more than half a month to argue, but neither side disclosed any details.

On May 17th, some new news finally came out.

Solomon Mebang Securities, a subsidiary of Citigroup, withdrew from the ranks of underwriters and revealed the reasons to the outside world. Anyway, I won’t play anymore.

Only then did the outside world realize that the commission of Blue Star Technology was so low that Mebang Securities had no money to make, at least Mebang Securities responded to the outside world.

All insiders were looking at it and sighed that Blue Star Technology Group is really extraordinary. There is no need to say about Luo Sheng’s achievements in the technology industry. He did not expect that he could be so smart in the business world.

However, Citi did not reveal much information because they signed a confidentiality agreement. Although they gave up the qualifications of underwriters, Citi will never give up the right to subscribe.

Goldman Sachs Group is determined to do so, and it feels like you abuse me thousands of times, but I still treat you like your first love.

Even if the proportion is reduced to less than 2%, it is inevitable. No matter how you look at Goldman Sachs is definitely a "iron fan" of Blue Star Technology Group?

nonsense.

Goldman Sachs was not the first investor to join Blue Star Technology, but it spent the most money. It was not that little money to come to this point. If you lose, you will lose money. If you lose a little, it will be like that.

But if you make a profit, you will make a lot of money. If you make a profit, it will be no more than a little, so there is nothing to hesitate about.

Wall Street Capital Group, which is so bad that it is so smart that it is, will never do business at a loss. It will short its own business when it becomes ruthless during the subprime mortgage crisis.

...

Time goes by day.

It was like this that it entered mid-to-late May. On May 17, Luo Sheng and Wall Street had been mediating for more than a month and finally confirmed the breakthrough progress.

Goldman Sachs, JP Morgan and Merrill Lynch became the joint sponsors of Bluestar Technology Group's listing. This may be the strongest sponsor lineup so far. This is probably the top three investment banks in the world that are currently ranked in the top three and have no objections.

The news has not been announced, and it will not be announced less than a month before listing. Even the day before listing can be variables. It is now only temporarily circulating in the very small top-level investment banking circle.

...

In a moment, it came July 8, 2005.

Erin entered Luo Sheng's office, threw the data report in her hand on his desk, and stared at the other party with resentful eyes: "The second quarter audit financial report has finally been driven out. You guy really don't know how to be polite, why do you have to be so anxious?"

Luo Sheng looked at her and suddenly looked at her with a smile and said, "Thank you hard, why don't you ask you to eat goose meat to compensate first? After get off work, I will love you all night, start at least five times."

Well, today is Friday and the rest of the next two days, Luo Sheng naturally has the confidence to devote all his energy.

"Go away, I think beautifully. I'm so tired to get out of this audit report. Do you really want to be exhausted?" Erin rolled her eyes in anger, ignored him, twisted her figure and walked to the sofa next to her to rest, and replied: "Look at what else to order. If I don't have me, I'll go and handle other jobs."

Erin now also holds several positions, CFO, director, director of the president's office, assistant to the president, director of the global accounting department, and president of the accounting management department.

It is hard to imagine that she can grow to this point in just three years if she is on the shelves. There is an important factor that outsiders do not notice but cannot ignore.

That is Qin Weimu.

Aileen girl was also competing in her heart. She always felt that Qin Weimu was her extremely threatening rival. She was beautiful and was not inferior to herself. The key was her talent. Her excellent abilities, I had to admit that sometimes she was a little bit confident compared to Qin Weimu.

But she didn't think she was much worse than her.

Isn't it just a few years before he debuted?

As for appearance and other things, Irene is very confident in this regard, because she is four and a half years younger than Qin Weimu. Younger is capital, and the other party has not yet been able to recover from appearance.

So, Irene, who wants to compare Qin Weimu in every aspect, now focus on her professionalism and make up for this shortcoming can beat her.

In ancient times, the King of Chu was very thin and most of them starved to death in the palace.

It can be seen that once a woman makes up her mind, she will be so terrifying when she becomes cruel.

Luo Sheng picked up the audit financial report sent by Ailin. This statement is indeed very time-consuming. It is only early July, and many listed companies will not disclose their mid-year reports, or semi-annual reports, or the second quarter reports, until August.

But this is something Luo Sheng specifically requested and it is needed to negotiate with Wall Street.

Bluestar Technology is now in the stage of spin-off and reorganization, and the group's business is global. It is indeed not easy to handle it in more than a week.

It is indeed worthy of recognition that Erin can complete the task as scheduled. Luo Sheng thinks that the best form of recognition is that she will love her n times on the day after get off work.

After a moment, Luo Sheng put away his thoughts and took a look at the main data of the audit financial report.

Bluestar Technology Group's total revenue in the second quarter was US$576 million, equivalent to Chinese currency RMB 4.718 billion, a month-on-month increase of 32.6%, far exceeding Wall Street's expected 13.8%.

Operating profit in the second quarter was negative, with a loss of US$564 million.

Because the audit financial report in the second quarter included the group's expenditure on acquiring three game developments, if not included, the company's operating profit could reach US$98.57 million.

The operating profit of US$3.17 million in the previous quarter increased month-on-month, with an increase of astonishing 3,109%, directly from the million-level to near the threshold of exceeding 100 million.

It really took off, at its peak.

Among them, of the revenue of US$576 million, the revenue from the advertising business accounted for US$514 million, accounting for 89.23% of the revenue, and the rest is the revenue from digital music and virtual gifts.

As for this revenue data, the total overseas revenue was US$450 million, reaching 78.12% of the total revenue share, while the proportion in the previous quarter was 77.57%, a slight increase.

There is no big change in revenue share and regional revenue share from the previous quarter, and advertising revenue and overseas revenue still account for an absolute proportion of Bluestar Technology Group.

This time, the revenue data "Bluespae" still contributed 93%, an increase of more than one percentage point from the previous quarter.

Luo Sheng knew that the company's other business segments were definitely in a loss state without looking at it, and it was a huge loss. This is true when we looked at it down.

This impressive revenue data is all supported by the "Bluespae" business segment.

Costs and expenditures in this quarter reached US$1.14 billion, and free cash flow was left at US$536 million. If the expenses of acquiring three game companies were excluded, Bluestar Technology Group's free cash flow would reach US$1.158 billion after its second quarter revenue, an increase of more than US$40 million on a month-on-month basis.

Currently, the total number of employees of the group company has reached 6,533. During the second quarter, the company expanded its recruitment of 673 people worldwide. More than 85% of the newly hired employees are engineers, and the company is still recruiting externally on a large scale.

Luo Sheng simply read the audit financial report and closed the documents. He was very satisfied with the company's second-quarter performance. He immediately turned his head to look at Ailin sitting lazily on the sofa: "Xiao Ai, publish this audit statement to the public, and notify the major shareholders of Blue Star Technology Group to hold an extraordinary shareholders' meeting 15 days later."

The purpose of rushing to release the second quarter financial report is to be able to speak louder and more powerful to all external investors at the next extraordinary shareholders' meeting.

To speak loudly and with confidence also requires solid support.
Chapter completed!