The letter that comes from father, the first 2004 (3)
The person that publish: Translate from Google (Gu Ge) global website
IPO fixes a price and allocate
The technological process that sets a fairness for IPO is very important, it must be covered at the same time large with small-sized investor. Coequal and important is, we must reach our for Gu Ge current shareholder seeks welfare. From this, our decision is new issue use entirely be based on flow of on sale IPO. Gu Ge’s target is to be what be about to issue is new seek a reasonable price, make its can mirror the market to be a foundation with business and change of stock market prices, the reasonable estimate that makes to cereal songbook body is worth. (We are in of manual of this raise capital by floating shares other and paragraphic specific to auctioning a process to undertake discussion)
The publicity of a lot of enterprises appeared on the market to once sustained unreasonable speculation, appear on the market first the amount is too small the influence that waits for a problem with stock price wave motion, they hurt the profit of investor finally. We believe, we are based on on sale IPO to will remove these issues to the greastest extent, although we cannot make absolutely assurance.
The auction is not common to the IPO of American churchyard. Gu Ge is in be based on respect of system of on sale advertisement to having rich experience, can help us design process of IPO on sale. On stock market of no less than, if people hopes bought share exceeded,can acquire an amount, and the newspaper gave higher price, so the price of IPO also can lift. Of course, in case amount of the person that bid is not worth or people bids inferior, IPO price also can fall. Although this is the view of a kind of shallow, but the essence that it reflected a problem. The IPO price that our target is stock of song letting cereal and the price report of 2 class markets give efficient market estimate to be worth, change character, it is reason and hep purchaser and the price that the person that sell fixes jointly. We seek the value that realizes a relative stability after IPO, and purchaser can obtain efficient market estimate value when IPO with the person that sell. Cereal song strive achieves such result, of course it also may not is successful. This one target can cause the market value that we realize to be stabilized relatively probably cereal song decision and its bear make public case of collect share price what sell business to decide to liquidate the price under the auction jointly first.
We are ensuring the time in IPO and after this can have enough stock to furnish hard, with the demand of investor. Gu Ge encourages existing partner to consider to sell a few their share, use as of this put on sale new, offer more share hopeful to achieve more stable price to investor. Cloth forest, I still have a few otherer the share of song of one part cereal that the person is planning to sell our place hold in this IPO. The share that existing partner sells is more, show they believe current price still is done not have more low to unreasonable degree. Getatable stock volume liquidates the likelihood the price to produce an effect to on sale. Because the measure of for sale share is possible,increase as the price, and as the price reduce and decrease, investor may consider to share the number of the existing partner of IPO. We need to be communicated often probably, be in given under the price, we are the person that sell from beginning to end is not purchaser.
Although we are in,the strive when devising IPO plan is covered at the same time large-scale with miniature investor, but because be in ” auction technological process ” in of the description all planting reason, the investor that is not all feeling hobby will get in IPO process a certain quantity of share allocates.
We hope you can make long-term investment, at the same time you also should not expect to sell cereal song share get profit before long after Gu Ge IPO. If investor thinks,the value of cereal song stock is not had but durative, so we do not encourage these people to be in IPO or the Gu Ge of time invest in of after this. Although from will for a long time look, of cereal song stock trade the price also has gliding possibility.
Gu Ge will take step, the help ensures partner obtains sufficient information. We encourage you to read manual of this raise capital by floating shares, it is the part of concerned risk element extremely. We think, the short-term seize a chance to seek private gain that ignores price factor may let your be out of pocket, it is extremely will use auction form this. Specific and character, we offer advice to you: If you sell means invest in Gu Ge through patting, so after IPO your investment value may experience a next remarkable slippery processes.
Cereal song person
Our employee him name is ” cereal song person ” , they are everything of the company. Gu Ge’s basis depends on it capable to attract and apply be different from common technologist and business personnel. We had favour to recruit a lot of creative, have principle, conscientious star class talented person. Future, we hope to recruit more such talent. Give them rich and generous redound and treatment.
Gu Ge offers a lot of unusually liberal material benefits to employee, include free meal to feed, medical treatment and washing machine. We consider the long-term dominant position that these welfare will bring to the company carefully. Gu Ge will increase their welfare and not be to strip gradually their welfare. We think, speak of employee material benefits, very easily ” bagatelle is clever the important matter is muddleheaded ” . These welfare can be the time with managing and considerable employee, promotional their healthy state and manufacturing efficiency.
Employee system of ownership of Gu Ge special crucial point, because such, we just had today’s success. Also the ability as a result of our employee, gu Ge is in of computer science almost each domain gained exciting success. Gu Ge is in an industry that competes highly, our product quality is very important. Gu Ge can draw a talented person, because Gu Ge makes them organic can change this world,be; Gu Ge has much consideration resource and distributing, can let a few a few people also can become hold the balance. Our main strong point depends on offerring a yard place and main item, let employee can make contribution, realize oneself to grow. We are dedicated at providing such environment, let be full of talent and the people of painstaking work make contribution to Gu Ge, let this world become more good, and win get one’s own back from this.
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