Vice Premier Wu was confused, but Cai Siqiang was proud. After a talk with Mr. Liu, he quickly integrated SAL's business and transformed SAL into a high-tech company dominated by the communications industry and supplemented by intelligent voice software and related businesses. The sales of this part of the business exceeded US$100 billion last year, and the profit was as high as more than US$40 billion. Although affected by the US market this year, more than US$20 billion in sales and nearly US$10 billion in profits in the US market, with China's new economic and trade agreement, SAL has begun to vigorously expand the high-end markets of these countries. Although the market in each country is relatively small compared with the US market, it cannot withstand the large number, which adds up to a large number, which makes SAL's overseas revenue likely to be the same as last year.

Moreover, after completing the layout of the global RMB settlement economic and trade agreement, China began to negotiate with the US on the issue of SAL. The negotiator of the Ministry of Economic and Trade claimed that if the US has no appropriate reason to prohibit SAL from selling in the US market, China will take the same measures to prohibit the sale of products of similar American companies in the Chinese market. China's previous actions were national strategic layout, so Vice Premier Wu Yongtai did not trade with the US on SAL.

Now that the layout is settled, Vice Premier Wu naturally can't watch SAL withdraw from the US market.

Therefore, after experiencing the most difficult stage in SAL history, the prospects for a new SAL company that completes business integration are brighter.

Under this circumstance, SAL's listing route was very steady. As senior management was happy to see SAL's transparency, and Mr. Liu and Vice Premier Wu were concerned about Zhou Xuan, Cai Siqiang's team completed the entire listing process at an astonishing speed and soon entered the roadshow to determine the price before the IPO issuance.

"Duke, you must attend this roadshow no matter what. This is a major event in our SAL history." Cai Siqiang flew to the Lotus Base and begged.

The amount of shares issued by SAL this time is huge. The industry estimates that if SAL company issues 1 billion shares on the basis of the current 10 billion shares, the conservative valuation of 15 times the price-to-earnings ratio will exceed US$60 billion. Such a huge IPO issuance is the largest in history. Although SAL is initially scheduled to issue it on the stock exchanges of China, Hong Kong and Taiwan at a ratio of 5:3:2, which also creates a new record of issuance of a company in three places, the dispersed amount of funds raised is still a new record of financing from local stock exchanges. Therefore, Cai Siqiang is very nervous. In order to ensure the smooth issuance, it will not be messed up during the roadshow. Of course, Cai Siqiang has to use all his strength to fight for it.

Among them, Duke, the spiritual leader of SAL, is particularly critical. The CIA's smear not only did not damage Duke's reputation in China, but instead further encouraged Duke's prestige. Even the angry young people who believed that Duke had done hacking matters thought Duke was doing well. In their eyes, the Americans took advantage of China's reform and opening up and gained a lot of money. What Duke did this time was just to recover some interest.

Therefore, Cai Siqiang's team believes that if Duke participates during the roadshow, it will greatly stimulate popularity.

"There is no need for this, Caicai, I think it's enough. Our price can be set to be lower, so it's attractive." Duke shirked. His research is at a critical moment, so he instinctively wants to shirk these things. In his opinion, these are a waste of time. SAL is not short of money. At worst, it can reduce the number of shares issued. If the price is lower, you will not have to worry about not being able to sell it. In fact, many wealthy people at home and abroad have come to the door, claiming that the SAL company will sell as much as they buy. As for himself, one zero or one zero is more personal wealth, which is not much different for him.

The market value of SAL will exceed US$400 billion, which is a giant company in the world, and there is no suspense to enter the top ten in the world. Now Duke, who owns 60% of the shares, will exceed US$200 billion, which is much richer by most countries in the world.

However, Cai Siqiang's ambition is not just the top ten in the world. He must do his best if he wants to do it. Although the timing of this listing is not ideal and there is a suspicion of being hasty, even so, Cai Siqiang hopes to do his best to do the listing work perfectly and best to become a new legend in the world.

"It's very necessary, Duke, I only need to take up three days for you. Two brothers in a lifetime, you won't give me any face, right? Anyway, your research is not much different one day earlier, so why bother to hurry up and forth?" Cai Siqiang moved him to understand his reason with emotion, which made Duke really unable to erase this face.

"Okay, let's agree first, it's only 3 days!" Duke had no choice but to agree.

Duke has been moved here, and Cai Siqiang has achieved unprecedented success in roadshows in China, Hong Kong and Taiwan. Duke is sought after by more than 10,000 investors every time he goes to. When a reporter asked about SAL's future business and new technology research, Duke accidentally revealed that SAL is studying a new standard wireless broadband technology. This new wireless technology will increase the spectrum usage rate several times than the older generation of LTE wireless communication technology. This will provide greater bandwidth support at a lower cost, and will enable everyone to access the Internet quickly in the future.

Stimulated by this news, during inquiry by institutional investors, most institutional investors actively gave valuations of 15-20 times of price-earnings ratios. Most institutional investors believe that with the new generation of wireless broadband technology mentioned by Dr. Duke, there is no pressure to double the future business of SAL. If the SAL base is not too large, everyone can even give a price-earnings ratio of more than 30 times.

Soon after a successful roadshow, SAL's IPO attracted more than $600 billion in subscription funds from institutional investors around the world. In this case, Cai Siqiang decisively increased the number of issuances, from 1 billion shares to 3 billion shares. At the same time, in order to take into account the needs of domestic ordinary shareholders, Cai Siqiang issued 2 billion shares directly to ordinary shareholders, allowing everyone to register for lottery purchases through the accounts of the three local stock exchanges, while the remaining 1 billion shares are for institutional investors.

In terms of final pricing, Cai Siqiang followed Duke's opinion and set the issue price at a low-lying valuation of US$40. This price is lower than the bottom line of institutional investors' bidding, so SAL's IPO finally became a feast for investors, and 2 million investors were lucky enough to shake 1,000 shares of SAL stocks.

In this way, SAL received US$120 billion in cash through this IPO, completed an unprecedented financing activity, and finally created a new immortal legend in the world.

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