Lei Jun Yong 4 carriage listing

Author: Xie Rui

Three postponed landed on the US capital markets, Thunder after three years, has finally completed the IPO, the successful landing of the United States on the 24th NASDAQ. Thunder listed on the first day rose 24.17%, according to the closing price of the market value of 1.03 billion US dollars. The Lei Jun become a big winner. In March and April this year, millet and Jinshan have invested Thunder, the "Lei Jun" holds Thunder shares has reached 41.8%. Up to now, "Lei Jun Department" already has Jinshan software, gathering era, Cheetah Mobile and Thunder "four carriages", Lei Jun has become the chairman of four listed companies.

Three postponed landed on the US capital markets, Thunder after three years, has finally completed the IPO, the successful landing of the United States on the 24th NASDAQ. Thunder listed on the first day rose 24.17%, according to the closing price of the market value of 1.03 billion US dollars. The Lei Jun become a big winner. In March and April this year, millet and Jinshan has invested Thunderbolt, "Lei Jun Department" holds Thunder shares has reached 41.8% .As of now, "Lei Jun Department" already has Jinshan software, gathering era, Cheetah Mobile and Thunder "four Carriages "Lei Jun has become the chairman of four listed companies.

Rising market capped $ 1 billion

On the evening of June 24, Thunder successfully landed on the NASDAQ in the United States under the symbol "XN ET" at an issue price of US $ 12 per ADA and raised US $ 87.78 million. Zou Shenglong Thunder CEO, millet co-founder Lin Bin are present at the Nasdaq scene.

Thunder listed on the first day to close at 14.90 US dollars, compared with the issue price of 12 US dollars up 24.17% according to the closing price of Thunder market value reached 10.3 billion US dollars.

Thunder hit the record in 2003, is the second largest paid member of China's Internet platform. In 2011, Thunder had submitted a listing application, intending to raise a maximum of 200 million US dollars, after Thunder three postponed the listing process. At that time, Thunder IPO will fall due to the reasons for the "US stock market is poor."

Zou Shenglong talked about the IPO is different than before, said: "We are fully in every road show with investors to communicate, especially Thunder in the past three years, the business model of storage and further development of the product gave us Very much to communicate with investors. "

Millet invested 200 million US dollars

In March this year, Thunder completed the first phase of its E round of preferred shares of financing, millet to a total of 200 million US dollars subscribed for 27.2% of Thunder shares. In April, Thunder completed the second round of E round of preferred equity financing, Jinshan software investment of 90 million US dollars, the original investment Thunder Crescent Venture Capital and ID G with the vote of 20 million US dollars.

According to estimates, the value of shares held by Xiaomi and Jinshan respectively is 284 million U.S. dollars and 128 million U.S. dollars. The millet and Jinshan behind the "Lei Jun system", after the IPO shares Thunder held the total reached 41.8%.

Southern reporter learned from informed sources, millet shares Thunder earlier this year, once mentioned a key commitment that Lei Jun will promote the Thunder listing process, but the key commitment did not write the text.

On the IPO day, Zou Shenglong admits that Xiaomi is indeed "the most important strategic partner that Thunder has encountered in many years in the past." Lei Jun's "platform" to promote the listing before the Thunder 28 times over-subscribed.

Observe the rise of "Lei Jun System"

After the IPO, Thunder equity will change, most of the major and selling shareholders equity will be diluted.

Zou Shenglong original shareholding ratio of 12.6%, after the IPO will fall to 9.5%; Cheng Hao original shareholding ratio of 5.0%, after the IPO will drop to 3.8%; all directors and executives total stake of 28.8%, after the IPO Down to 22.5%.

Relatively speaking, millet and Jinshan's stake rise, "Lei Jun" Thunder holds the total share will reach 41.8% Xiaomi co-founder Hongfeng, Wang Chuan and Kingsoft C EO Zhang Hongjiang have joined the Thunder board.

Zou Shenglong said equity is not to judge the founder of the company's influence from the perspective of the company is very welcome Xiaomi and the founding team together to create a new Thunder. He disclosed that the future cooperation with Xiaomi, one is M IU I operating system, one is Xiaomi's home hardware, Internet TV and Internet set-top boxes. "In Xiaomi M IU I operating system, Thunder accelerates software as part of M IU I operation into all Xiaomi mobile phones, providing Xiaomi users with excellent data acceleration experience." In addition, in the future to enter the home Internet, Thunder in data transmission which A brand will experience millet TV users and set-top box users and value-added.

After the successful listing of Thunder, the current Lei Jun Department already has Jinshan software, gathering era, Cheetah Mobile and Thunder "four carriages" Lei Jun became the chairman of four listed companies. Although Lei Jun himself has repeatedly denied the existence of the "Lei Jun System" in the Internet on numerous occasions in public, it has been seen from the outside world that the "Lei Jun System" under the layout investment for many years has become the fourth largest force outside of BAT.

Southern reporter Xie Rui Guo Lin Geng intern