I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

"Director Jiang, I will always remember the training the company has given me over the years, and I am very grateful to the company."

"As long as it can help the company develop, I am willing to do my best to complete it!"

Lu Miaofang obviously didn't quite understand what Jiang Hao just said, and now she just followed him in expressing her determination.

On the contrary, Hu Sen was experienced in this area and guessed his thoughts immediately.

"Director Jiang, are you planning to let Vice President Lu be the secretary to the board? Or will he be concurrently appointed?"

"Of course it's a concurrent position. Otherwise it would be difficult for me to find a financial director!"

He was trained as a financial director with great difficulty, but he is not so stupid.

The secretary to the board of directors is not as important as the financial director who stands on the front line with him.

Lu Miaofang was surprised at this moment. She had never thought that she would be asked to serve as the secretary to the board of directors.

At that moment, he looked at Jiang Hao more firmly, thinking in his mind how to proceed with the work of secretary to the board of directors.

"Vice President Lu, the duties of the board secretary are mainly to prepare for the IPO and the work after the IPO."

"The current board of directors is too rough, it's more like I'm the only executive director. I'm going to reorganize the board of directors soon."

"After the board of directors is adjusted, you will be required to carry out some specific tasks."

The core of the board of directors of Totoro Technology is actually just Jiang Hao, the commander-in-chief.

If the company hadn't grown so big and was preparing to go public, there would be no need to set up a board of directors. Jiang Hao could just serve as the executive director and save trouble.

"Mr. Hu, how is the recent acquisition work going?"

Hu Sen was now spreading out the information he brought.

The first two people to come to Jiang Hao's office were him and Zhan Liang.

What we are going to discuss is also the acquisition situation.

"We at Totoro Technology have completed the acquisition of five companies as planned."

“We have expanded the content of seven core business segments.”

"Today, the overall platform has more than 8 million daily active users and more than 30 million monthly active users."

"The number of concurrent users during the evening peak has surpassed last year's peak, reaching nearly two million people."

These data are extremely luxurious and are internal entity data, so there is not much water in them.

Of course, the cost is naturally not cheap. Not to mention the real money spent on the activities of old customers bringing in new customers, there is also the acquisition of five companies.

Overall, it really costs a lot of money to get this traffic and luxurious data.

“What about market share?”

"According to our company's statistics, our company currently accounts for more than 70% of the market share in the live streaming industry."

"Moreover, live streaming companies are closing down on a large scale. Only Totoro, YY, and Penguin Esports are still relatively strong."

After nearly nine months of reshuffle, the early live streaming companies have finally been cleaned up.

And in this round, Longmao Technology has completely consolidated its dominant position in the live broadcast industry.

Even though the market share is only 70%, it may not sound like much.

But in reality, this share is much larger than the number represents.

You can see that for most people watching live broadcasts, the first web page or mobile app they open is definitely Totoro.

Secondly, for many people who do not watch live streaming, their understanding of live streaming may only be about the Totoro company.

It can be said that the position of industry leader has absolute significance and continuous siphoning.

"Okay, we need to maintain the company's development momentum."

"How's the preparation for the S game going?"

"Director Jiang, everything is ready. The qualifiers will begin in half a month to determine the final group stage spots."

Zhan Liang now took over the topic and gave him a clear reply.

"Okay! Please take the time to pay attention to these companies."

"I called you here today mainly to discuss the listing."

"The company is preparing to go public on NASDAQ and submit the materials to the Securities Regulatory Commission. Vice President Zhang, are you ready?"

From now on, the company is officially preparing to start its listing.

Even if a company does not list on the A-share market but goes overseas for listing, there is one thing that is unavoidable.

That is the approval of the CSRC!

If you want to go public, you must first apply for project approval.

"Director Jiang, it's ready. You may need to review the details of the report."

"Okay, I'll take a look at the report after the meeting."

Jiang Hao is not worried about the project approval, after all, he has the support of the Songjiang Municipal Government.

Mayor You cares more about their company's listing than he does, so there is no pressure on him regarding the procedural work.

"Next, please contact the accounting firm, Mr. Hu!"

"Just choose PricewaterhouseCoopers. You are more familiar with this area."

Even though PwC’s reputation is not very good in later generations, it is at least one of the Big Four.

Judging from the current highest fee standards, we can also see the current business strength of PwC!

"Director Jiang, no problem!"

Hu Sen was an auditor at PricewaterhouseCoopers and had been in contact with him for a long time, so there would be no problem with this part of the work.

"As for the law firm, Vice President Zhang, please inform Lawyer Dong when the time comes."

"Please help contact domestic and foreign law firms and give me a list of options in the end."

Overseas listing is also more troublesome regarding law firms.

Not only does it require support from domestic law firms, it also requires support from law firms in overseas countries where the listing is to take place.

"As for the underwriters, do you have any good suggestions?"

Once the product goes on the market, a series of complex tasks follow.

Especially for someone like Jiang Hao who has never experienced an IPO, many of the work he had to arrange was done by learning from Mr. Zhang of Hillhouse Capital.

Hillhouse Capital will also provide assistance with many specific work related to the subsequent listing.

"Director Jiang, as for underwriters, I suggest you don't consider domestic securities companies."

"Why not choose from US brokerage firms? For example, Morgan Stanley, JPMorgan Chase and others."

"Of course, we can also start with a tender. I think we still have to negotiate with each company one by one, and we also have to consider the rate."

The underwriter of an IPO actually plays a relatively important role.

This is also the issue that Jiang Hao is most concerned about. After all, it is almost impossible for retail investors to digest the market value of their company on Nasdaq.

If the underwriting is not good, the stock price may fall as soon as it is listed.

You still have to find a strong underwriter and negotiate the stock shares with major institutions, banks, funds, etc. in advance.

This is also the reason why Hu Sen does not recommend domestic securities companies.

Domestic securities companies do not have strong overseas channels, so it is useless even if the fees they charge are low!

As long as the IPO can be successfully completed and the stocks can be sold, Jiang Hao can accept a slightly higher fee.

Moreover, he had retained some shares, and the bulk of them were left to these securities companies.

After an IPO, based on the market value of their company, if the brokerage firm is strong enough, they can earn at least tens of millions or even hundreds of millions of dollars in revenue.

In comparison, accounting firms and law firms combined do not earn as much as securities firms.

"Sure! Press the bid."

"But please contact these financial companies and securities firms in advance, so that none of them are satisfied at the end of the bidding!"

"The focus of our company, Longmao Technology, should still be on securities companies."