The news that Wujiang Microelectronics was preparing to list on the A-share market seemed to have taken flight and spread rapidly.
Before long, it became the number one trending topic on Weibo and Twitter.
At the same time, major global media outlets and independent media are all introducing Wujiang Microelectronics.
Chip manufacturing companies that were previously unknown to ordinary consumers suddenly came into the public eye.
After learning about the detailed information about Wujiang Microelectronics, everyone exclaimed in admiration, "Awesome!!!"
"Holy crap, I never imagined that Wujiang Group had such an incredibly powerful company under its umbrella! They practically monopolize the global high-end chip manufacturing market, and their chip foundry market share is a terrifying 75%! It's because of Wujiang Microelectronics that we can hold others by the throat! Uh, speaking of which, this is pretty satisfying! No wonder the US doesn't dare target Wujiang Group too much; they're afraid of running out of chips too, hahaha!!!"
"In the past, Wujiang Microelectronics only dealt with enterprises, so ordinary consumers naturally didn't know its name. I only realized how amazing this company is after seeing the news today. It's practically a global leader in the chip manufacturing industry! The listing of such a company on the A-share market will definitely cause a huge sensation! On the day of listing, Wujiang Microelectronics' stock price will surely soar like a rocket!"
"..."
At this moment, not only were ordinary netizens shocked, but even major institutions were extremely surprised.
"Wow, Wujiang Microelectronics is actually going public! That's unbelievable!"
"An opportunity! An opportunity has arrived! Wujiang Microelectronics is a behemoth in the chip manufacturing industry; its stock is bound to be extremely valuable!"
"Everyone, hurry to Wujiang Microelectronics' official Weibo and Twitter accounts! They've released Wujiang Microelectronics' financial statements for the past few years!!!"
The news that Wujiang Microelectronics had published its financial statements from several years ago on Weibo and Twitter quickly spread, attracting the attention of major institutions and netizens around the world.
However, everyone was shocked when they saw the financial statements.
"My God, Wujiang Microelectronics' annual revenue is astronomical! This is terrifying! In 2002, their revenue exceeded 210 billion US dollars, and their profit was a staggering 75 billion US dollars!!! 75 billion US dollars! I could work my whole life and still not reach a fraction of that number!"
"75 billion US dollars, converted to RMB, that's 600 billion RMB! Besides Wujiang Group, can there be any other companies in China that are this awesome?! Holy crap, if Wujiang Microelectronics were to go public, what would its market value be? It's unimaginable!"
"I'm completely stunned! Wujiang Microelectronics is just one company under Zhao Ye's name. I just want to know how rich Zhao Ye really is. Can you satisfy my curiosity? Seriously, I really want to know, even though I'm just an ordinary worker with a monthly income of only one or two thousand yuan..."
"Hahaha, I reckon even Zhao Ye himself probably doesn't know his net worth. He owns just too many businesses to count. And many of those companies aren't publicly listed, so they're hard to value. But it's definitely worth trillions of dollars!"
"Only a trillion dollars?? Nonsense! You're seriously underestimating Zhao Ye. I work in investment banking. Based on my expertise, if Wujiang Microelectronics were listed on NASDAQ in the US, its market capitalization would conservatively be no less than 500 billion dollars… In fact, because Wujiang Microelectronics monopolizes the high-end chip industry, its price-to-earnings ratio should exceed 10, which would be more than 500 billion dollars, it should be 750 billion dollars! However, China's financial capacity is small, so let's just use 500 billion dollars as an example. That's 4 trillion RMB! Ladies and gentlemen, can you imagine a company with a market capitalization of 4 trillion RMB?"
"Holy crap, what the hell am I watching? My monthly income is only two or three thousand, what the hell am I paying attention to! I... after watching it, my mentality completely collapsed!"
"The reason why my country's GDP surpasses that of the United States is perhaps because most of the output value comes from Zhao Ye's company. In fact, if we subtract Zhao Ye's company and related partner companies, then my country's GDP would probably be far lower than that of the United States..."
"The person upstairs is right, that's absolutely true! There's still a significant gap between our income and that of Americans. Of course, the employees of Zhao Ye's companies might earn a bit more, since most of those companies are high-tech enterprises!"
"..."
...
...
Wall Street.
"Everyone, the listing of Wujiang Microelectronics is a feast for the senses, and we must get a piece of it! According to Wujiang Microelectronics' listing plan, it will probably be listed in March next year. Before that, we need to mobilize funds to enter China and try to get more shares than others!" Vanguard CEO Laurie Pegg said excitedly.
“Boundless Microelectronics is one of the world’s best companies. If we at Vanguard can hold a large number of shares in the company, it will definitely enhance our company’s influence,” another Vanguard executive echoed.
"I also support purchasing shares in Wujiang Microelectronics, ideally holding 5% of the shares, which would grant us a seat on the board!"
Pioneer CEO Laurie Pegg nodded and said, "Yes, then we'll try to get 5% of the shares! Pioneer has also invested in many high-tech companies. If we can get a board seat at Wujiang Microelectronics, we can help these high-tech companies obtain Wujiang Microelectronics' high-end chips!"
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