After Yinlu was acquired by Xifeng Company, six founding shareholders all joined Xifeng's board of directors.

Chen Qingyuan's younger brother Chen Qingshui was transferred to Xifeng as the deputy general manager of the corporate management headquarters. Chen Qingshui was mainly responsible for the Yinlu direction. This is equivalent to a reassurance to appease the strong guardianship of the Yinlu elders, so as not to cause a rebound when Xifeng sent people over.

The next step is to integrate departments and businesses, which takes about three months to six months. As a group Cio, Chen Tao must participate in the entire process.

The news of Xifeng's full acquisition of Yinlu came out, and the earthquake suddenly triggered in the Chinese beverage and food industry. The boss of Wahaha and Xinxin (Qinqin) Food was so worried that they couldn't even sleep well.

The product of Babao Porridge was introduced from the 1980s to the mainland. It has developed to now with hundreds of brands, and the market situation is somewhat similar to instant noodles. In the industry melee, food safety scandals have been continuously exposed, and the overall reputation of Babao Porridge has gradually declined. Many consumers dare not eat Babao Porridge, and they dare not buy it no matter which brand.

In addition, the brand competition is fierce, domestic consumption is insufficient in the past two years, and a large number of Babao Porridge brand have also died.

The current situation is that Yinlu, Qinqin and Wahaha share the world in three parts and jointly occupy more than 70% of the market share of Babao Porridge. Master Kong and Tongyi are also making Babao Porridge, but the market share is not high and the product is not very famous.

The originally stable industry market was suddenly disrupted by Xifeng Company and directly acquired one of the three major Eight Treasures porridges. With Xifeng's financial resources and channels, coupled with the brand influence accumulated by Yinlu for many years, it will inevitably embezzle the market even more crazily. Not only will it force countless small brands to death, but it will also put Wahaha and Xinxin (dessing) Eight Treasures porridges under great pressure.

Some industrial and commercial magazines even directly describe it as "Xifeng Food and Beverage Empire". The term empire not only describes Xifeng's size, but also lie on the corpse of countless small and medium-sized enterprises lying on the domineering Xifeng's development path shown in recent years.

When the acquisition news reached Hong Kong City, even though Xifeng announced the issuance of 100 million shares (of which 40 million were targeted shares), Xifeng's stock price rose instead of falling.

The reasons for this situation are, firstly, Xifeng’s annual financial report just released is very beautiful, and secondly, it is the stimulation brought by Yinlu Eight Treasure Porridge. Although Hong Kong City stock investors have never heard of Yinlu, they throw out the industry scale of China’s Eight Treasure Porridge and then throw out Yinlu’s market share. Even a fool can see what it means. This is great good news.

...

"Boss, Mr. Zhang's phone number." Shen Si walked quickly.

Song Weiyang answered the phone and said, "Lao Zhang, what's the matter?"

Zhang Chaoyang said excitedly: "Lao Gu and I are in the United States. Sohu's ipo roadshow is very successful. American investment institutions have high expectations for Sohu and will be officially listed on Nasdaq early next month!"

"Don't be too happy too early, I might want to pour a basin of cold water on you." Song Weiyang said, scratching his forehead.

"Is there any unexpected situation?" Zhang Chaoyang became nervous.

Song Weiyang said: "I watched the News Broadcast yesterday, and the Federal Reserve raised interest rates again."

Zhang Chaoyang said: "It seems so, what does this have to do with Sohu's listing?"

Song Weiyang said: "Including this time, from last year to now, the Federal Reserve has increased interest rates by 6 times. The money of Wall Street investors is also money, not from the strong wind, and the Internet bubble may be burst."

"Boss, don't worry," said Zhang Chaoyang. "Americans are very excited about Chinese online stocks. Sohu's stock price will definitely rise after its listing."

"I believe this," Song Weiyang said, "but in another half a year, Sohu's stock price may fall wildly after soaring, or even fall below the issue price. Now that the iPo is almost completed, the listing is on the verge of the listing, it will definitely not be invalid, but you must be mentally prepared to fall below the issue price."

"It's so bad?" Zhang Chaoyang obviously didn't believe it.

Song Weiyang said: "After half a year after Sohu goes public, don't spend money randomly. Be prepared to buy back stocks, otherwise you will be forced to death by investors."

Zhang Chaoyang remained silent, obviously quite resistant to Song Weiyang's words, and after a long time he said, "I will study it again."

The Internet bubble in the United States has been going on for five years, and the US officials have long been wary of it. In order to constrain crazy and disorderly investment, interest rates have been raised six times within one year. Such a terrifying interest rate can no longer stop Wall Street's investment enthusiasm, because the profits brought by Internet stocks are too high (average investment return is 1,000%).

However, the ultra-high interest rates have made major investment banks short of funds and began to sell large amounts of stocks of Microsoft, Cisco, Dell and other companies to repay funds for the next wave of investment. Unfortunately, the restricted period of dozens of online stocks that were newly listed last year also passed, and they sold and cashed out on a large scale.

A large number of online stocks collided with each other, which immediately triggered a selling frenzy. Investors, funds and institutions began to liquidate, and the market value of 8.5 trillion US dollars of Internet companies evaporated within half a year.

Song Weiyang actually wanted Sohu to go public last fall so that he could catch up with the final cash-out feast, but unfortunately he has been delayed until now and nothing is useless. In order to protect the interests of investors, the U.S. Securities Regulatory Commission stipulates that original shareholders are not allowed to cash out in the secondary market for a certain period after listing, and can only sell them to others in a targeted manner. This period is 6 months on the New York Stock Exchange and Nasdaq.

In other words, even if Sohu's listing surges now, Song Weiyang can only cash out in half a year, and the daylily will be cold by then.

The reason why Song Weiyang did not prevent the listing was that as Zhang Chaoyang said, the American people are eagerly looking forward to Chinese Internet stocks. As long as they rush to the bubble burst, they will definitely soar several times once they go public.

In history, Sina is the second one to take the lead (the first one is China.com). Even when the US online stock collapsed, Sina's stock price still rose against the trend from US$17 to more than US$50. NetEase and Sohu were not so lucky because they went public too late, and the online stocks collapsed sharply, both of which fell below the issue price.

Now, Sohu can at least replace Sina, and it will be launched earlier.

As for Google, although several major investment banks are urging their listings to go public, the two founders are not in a hurry and are not obedient at all. Song Weiyang is also not in a hurry. Anyway, he cannot cash out before the bubble burst, no matter how it will go public again in the year of the monkey and horse.

Early February.

The 27th day of the lunar calendar.

Sohu.com is officially listed on Nasdaq with an issue price of US$18 and a total of 10 million common shares are issued.

The broken website of China.com that cheated money could soar when it was listed last year, not to mention Sohu, which has one of the best visits in China. The stock price soared to $34 on the day of listing. Three days later, on New Year's Eve, Sohu's stock price directly broke through the $50 mark.

The news came back to China and immediately caused a sensation across the country. This data could throw China.com out of eight streets.

As the major shareholder, Song Weiyang has been hotly discussed again: How much money does this kid have now?
Chapter completed!