News that Xingcheng Publishing House, a subsidiary of Xingcheng Group, is about to ipo.

In the entire financial circle, it was in a turmoil.

Xingcheng Group has been established for almost fifteen years, and its main business is in Internet finance and real estate.

In China, startups with a valuation of more than 50 billion yuan within 15 years are generally called unicorns.

And Xingcheng Group is the largest unicorn in China.

Many netizens are saying that if Xingcheng Group goes public, its market value will exceed one trillion yuan.

In the world, many people are waiting for its launch.

But now.

The listing of the parent company has not been waited for.

Instead, we waited for the news of its wholly-owned subsidiary Xingcheng Publishing House.

There were many discussions on some stock trading forums.

"There are a total of 5 billion shares, 4 yuan per share. Damn it! A publisher's valuation is 20 billion?"

"The circulation market is probably more than 3 billion, right?"

"Why can't it be?"

"If Xingcheng Group is not listed, Xingcheng Publishing House represents Xingcheng Group! This time, if you win a sign, you will be at least ten times more!"

"The first stock of the A-share publishing house, isn't it too much to give a market value of 100 billion yuan just because of this concept?"

"Brothers, don't forget! This company and the largest IP in our country are in hand."

“What IP   ?”

"Qi Yuan wrote "Five Thousand Years of China"! Once this IP is operated, it is not a problem with a market value of several hundred million, it is a possibility of a market value of hundreds of billions or even a trillion dollars!"

"Don't talk nonsense! Xingcheng Publishing House is a book-printer, and the copyrights of the "Five Thousand Years" series are all in Qi Yuan's hands. The market value is 100 billion yuan, and Yuancheng Film and Television is about the same listing."

"According to reliable news, Xingcheng Publishing House has had a breakup with Qi Yuan due to royalties!"

"???What's the situation?"

"Qi Yuan's "Five Thousand Years" series has always received a 25% royalty. Now Xingcheng is preparing to go public. Many investors think that this number is completely contrary to market laws."

“This royalty is really exaggerated!”

"What's the exaggeration! Qi Yuan is worth it!"

"How do I remember that some writers even paid 30% of their royalties!"

"This is what many publishers do to violate market rules in order to grab celebrity writers. Normally 10-15% is already a very high royalty!"

"Five Thousand Years" is a super big cake! Did Xingcheng Publishing House give up?"

The news that Xingcheng Publishing House is about to ipo is very popular in major forums.

This weekend.

Xingcheng Publishing House announced that they have won the Chinese copyrights of more than 100 foreign writers, including England, Neon Kingdom, and Beautiful Kingdom.

On May 16, Xingcheng Publishing House will release 129 well-known foreign books nationwide!

More than 50% of the books are first published in Chinese versions!

This blockbuster immediately climaxed the entire Chinese readership group!

"Wori! So awesome! Xingcheng Publishing House! This is to become the leader of the publishing industry!"

"This is not to be the boss, this is already the boss!"

"You have all settled the copyrights of so many writers? You really have it!"

"This is really awesome to build momentum for listing!"

"So many foreign writers!! Ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

"Where is Qi Yuan? Why is there no sign of Qi Yuan among the first releases of so many new books?"

"Are you funny? You said this is a foreign writer!"

"No! News has been coming out long ago! Qi Yuan and Xingcheng Publishing House have a quarrel! Qi Yuan wants 25% of the royalties, but Xingcheng Publishing House does not agree!"

"25%??? Can the publisher still make money by this number? What is Qi Yuan thinking?"

"How can you not make money? You really don't know how terrifying Qi Yuan's books, especially the "Five Thousand Years" series! So far, the sales volume of "Sui and Tang Dynasties" alone has exceeded 150 million copies! This number is far ahead among Chinese writers, and this is just a book by Qi Yuan!"

Xingcheng Publishing House.

As the listing day approaches, the atmosphere of the entire team has become much more lively.

That morning, Liao Yuanli looked at everyone and said, "Tomorrow is the day we will go public, and at the same time, it is also the day when our hundred foreign books will be released! Tomorrow is a good day!"

"Mr. Liao, many media are asking us if Qi Yuan terminated the contract with us, do we want to answer?"

Liao Yuan said: "Tell them that with a hundred foreign books in hand this time, we no longer need Qi Yuan to support us!"

The last night before Xingcheng Publishing House went public.

Many media reported that Qi Yuan and Xingcheng Publishing House terminated the contract, adding a bit of drama to the listing of Xingcheng Publishing House.

"So it's true! Qi Yuan has really terminated the contract with Xingcheng Publishing House!"

"I feel that Xingcheng Publishing House has done something stupid."

"Qi Yuan's books, especially Tang poetry, have a great influence in our country! I feel that the operation of Xingcheng Publishing House is very unwise!"

"It's all a matter of money! Qi Yuan's royalty is indeed too high. This time, Xingcheng Publishing House will definitely spend a lot of money on more than 100 foreign writers. Let's take a look at their financial report last year. The profit of the company in the end was less than 500 million. If Qi Yuan is not cut off, Xingcheng Publishing House will likely lose this year."

"The main reason is that Xingcheng's purchase of copyrights is too big this time. Haha, if the sales of the new book are not good after it is launched tomorrow, you will definitely lose all your pants!"

"Many of you don't understand at all! Xingcheng Publishing House is a listed subsidiary of Xingcheng Group. What is Xingcheng Group? It is the largest unicorn in our country. Xingcheng Publishing House, in A-shares, represents Xingcheng Group. Therefore, they must make their financial reports well, and the market value exceeds 100 billion yuan!"

the next day.

It's 9:30.

Xingcheng Publishing House is officially listed on the A-share market.

Opening at 4 yuan per share.

It was directly pushed to 5.76 yuan, and the market was suspended twice during the trading session, blocking the daily limit.

Everything seems to be beautiful.

noon.

Everyone from Xingcheng Publishing House raised their glasses to celebrate.

At 12:30, on Weibo, Galaxy Publishing House suddenly released a major news!

"Good news! Qi Yuan's "Five Thousand Years" series, "Five Dynasties and Ten Kingdoms and Two Songs" will be published by Galaxy Publishing House! The first release of the new book, readers who purchase 10 books in this series at one time can get a copy of Qi Yuan's autographed book! The number is limited, only for the first 1,000 readers, first served!"

"Damn it! Is it so fast?"

"It's been agreed long ago?"

"Hahaha! I'm curious about how much royalty the Galaxy Publishing House pays to Qi Yuan!?"

"Qi Yuan is awesome!"

"Didn't I say that Qi Yuan's Yuancheng Film and Television is not more profitable than Xingcheng Group?"

"Today, Xingcheng Publishing House performed very strongly! It's optimistic about ten consecutive boards!"

One pm.

The stock market opened again.

5 seconds passed by 1 o'clock.

The 300,000 orders that blocked Xingcheng Publishing House's daily limit were suddenly removed from 200,000 orders.

Next second.

A three thousand hand order was sold suddenly.

According to common sense, when new stocks are listed, those who have stocks in their hands are basically retail investors.

Such a large sell order is difficult to happen in new stocks, especially on the first day of new stocks.

This big order with three thousand hands was very straightforward to stir up panic.

Then fifty hands, one hundred hands, and two hundred hands began to go out frantically.

The number of orders is reduced from 300,000 to 0 within one minute.

Xingcheng Publishing House, the daily limit was opened!

The investors were instantly excited!

"Damn it! Did the 200,000-hand seal order just now be removed directly??"

"What's the situation? This big order and the other big order are smashed down?"
To be continued...