Reinventing the Millennium

Chapter 1270 Signal

Bingxin's listing was suspended, and Goldman Sachs was very dissatisfied with it.

However, with the blessing of insider information, Thiel could only communicate with the bosses and accept it with a pinch of the nose.

This time it was not a private matter. Bingxin had already announced that it would be listed on Nasdaq this year. Suddenly it was suspended... It was a big negative no matter how you look at it.

The next time it is listed, if the purchase restrictions are really implemented, what will the procedure be? What is the prospect? What about the market value?

These problems are not only a headache for Goldman Sachs, but also the institutional shareholders who received the news one after another were all confused and painful.

Bingxin, my Bingxin...

Mr. Fang, Mr. Fang!

At 11:30 pm on June 6, Fang Zhuo received a call from an investor named Xiong.

He counted with his fingers and found that it was morning in China. After the call was connected, he greeted: "Old Xiong, good morning."

Xiong Xiaoge's voice was hoarse: "Not good, very bad."

He continued to ask questions without waiting for the other end of the phone to answer: "Is Bingxin not going public?"

"If nothing unexpected happens, it will not be listed temporarily." Fang Zhuo answered calmly.

"Why is there a problem again? Mr. Fang, is this appropriate? And when did this happen? Two days ago? Three days ago? Why didn't you tell us directly?" Xiong Xiaoge questioned.

Fang Zhuo still said rationally: "I don't know what to say."

"No." Xiong Xiaoge knew this person for a long time, but after hearing these few calm words, he was still angry. "Hey, Mr. Fang, I won't say anything about forcing Bingxin to go public to cash out. At least, at least, we have known each other for so many years, and you told me the first time, isn't that enough? And why are you like nothing happened?"

Fang Zhuo sighed: "Mr. Xiong, not only those who cry and scream are in trouble. I have been thinking hard in Washington for three days but I can't do anything. They just want to smash it down. I have no choice but to do it. What do you think I should do? Mr. Xiong, teach me."

Xiong Xiaoge was silent when asked.

After a moment, he sought for accurate information: "Do you really want to restrict Bingxin from buying equipment?"

"In fact, if there is only this one rule, it is still okay for the current situation. Although it mentions the relevant technical accumulation, it can be passed. I am just worried that this is just a prelude." Fang Zhuo explained, "You have been in China recently and can't feel the strong wind and rain. I can still feel a lot of coldness in Washington."

When Xiong Xiaoge heard that even this man used "coldness" to describe the situation, the anger in his heart dissipated.

He said helplessly: "Boss Fang, this matter, this matter is that you gave people hope, and then wiped it out again..."

When Xiong Xiaoge said this, he thought of the relationship between the two and that he had never received money from Boss Fang safely, and complained: "Give me the money quickly, I don't want to play anymore."

Fang Zhuo smiled and said: "If you take the money, you won't have to play anymore in the future."

Although Xiong Xiaoge now controls IDG Group, the focus of his investment business is on China.

If Bingxin is suddenly attacked by him in the current situation, then...what do the big brothers think?

Xiong Xiaoge just complained and couldn't help asking again: "You, you have no way to deal with this matter?"

"What can I do? They want to fight and kill." Fang Zhuo was helpless, "I can shut up one person, two people, can I shut up the thousandth or ten thousandth person?"

"Mr. Fang, you are not that..." Xiong Xiaoge thought about the absurd situation when Yike was shorted, and said suggestively, "Don't you have many friends?"

Fang Zhuo didn't answer directly, but just said: "Anyway, Bingxin can't go public now. After a while, stay out of the limelight and see how to solve it."

Xiong Xiaoge held the phone, thinking about the situation facing Bingxin and couldn't help sighing again.

In the final analysis, Mr. Fang can't be blamed.

He sighed, "Mr. Fang, IDG is a shareholder of Bingxin. At the very least, you should have informed me."

"Okay, Mr. Xiong Xiaoge." Fang Zhuo met this requirement. "Based on the consideration of Bingxin's future strategic development and the external environment of the capital market, combined with the company's actual situation, its own financing needs, development plans and many other factors, we have decided to temporarily suspend its listing on NASDAQ after sufficient and prudent argumentation. We will choose the most favorable decision for Bingxin based on various situations in the future."

Xiong Xiaoge: "..."

"Old Xiong, if someone asks you, just promote it again. Don't worry, Bingxin will definitely go public. As long as it goes public, it's just a matter of how much money it makes." Fang Zhuo gave a guarantee.

"Believe in you, Mr. Fang." Xiong Xiaoge spoke word by word, showing his true nature of belief.

Fang Zhuo smiled with understanding, "There's nothing I can do if I don't believe it now."

Xiong Xiaoge said sincerely, "Mr. Fang, if someone calls you, you'd better not be so domineering."

Fang Zhuo put down the phone that ended the call and touched his prickly chin with some doubts. Domineering? No, how did I act arrogantly?

However, as the news spread, it was not only Xiong Xiaoge who called to inquire about the situation. Facing many calls, Fang Zhuo responded very patiently, which helped everyone calm down to a great extent.

Well, it should be calmed down.

In addition to facing the anxiety of relevant investors, Bingxin released the news internally that it would take out 10% of its profits every year to grant options to employees in the form of capital increase, so that everyone can enjoy the dividends of the company's business growth and achieve true win-win cooperation.

The listing of Bingxin not only makes investors happy, but also its own employees are looking forward to it.

Now that there is news of the suspension, the decision made by the board of directors is intended to appease everyone's emotions to the greatest extent, and in fact is to achieve a win-win situation together.

On June 10, when some well-informed media began to report on the possible situation of ice core and the suspected decision to suspend the listing, Fang Zhuo received a call from the relevant domestic departments to inquire about this situation.

"We are still communicating. Bingxin has indeed encountered some difficulties recently, and we don't know whether it will finally be implemented." Fang Zhuo mused, "Nasdaq may not be able to get listed. If it needs to be listed later, the domestic stock market is also an option."

The person on the other end of the phone was surprised: "Ah, oh, the domestic stock market, this, um, of course, there is no problem."

Ice core has been approved for listing abroad, just like SMIC was previously listed in Hong Kong and New York. Now it is suddenly suspended and there are rumors that it will be restricted. This is undoubtedly shocking.

There was silence on the phone for a few seconds, and then he made a preliminary suggestion: "If that doesn't work, then, you can go to Xiangjiang."

He felt that Mr. Fang should be referring to Xiangjiang, not A-shares.

"We will discuss the situation later. What I want to say is that competition on the other side of the ice core development may be about to begin." Fang Zhuo said seriously, "If we really see ice core restrictions in the near future, it will be a big deal. Trouble will also be a sign and a major challenge.”

The head of Bingxin has given pressure signals and front-line judgments. As a leader in the development of the semiconductor industry, these are undoubtedly heavy.

Chapter 1273/1468
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