Confirm! Luo Zhenyu impacts the listing of science and technology innovation board and chooses different routes from Wu Xiaobo


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Article / Xinbang editorial department
Source: newrank (ID: newrank CN)
Luo Zhenyu, who has been repeatedly said to be “going public”, finally confirmed that he started to impact IPO because of a notice from Beijing Securities Regulatory Bureau. Different from the previous IP addresses such as Wu Xiaobo, he chose the science and technology innovation board.
Progress announced by Beijing Securities Regulatory Bureau
Last night, the official website of Beijing Securities Regulatory Bureau updated the latest guidance information, including the listing guidance of Beijing thinking creation information technology Co., Ltd. (hereinafter referred to as “Luoji thinking”) founded by Luo Zhenyu.
According to the announcement, Logix chose to go public on the science and technology innovation board, and CICC acted as the guidance agency. According to the documents, the preparatory work for the guidance started as early as December last year and lasted until August this year; the first and second stages of the formal guidance were respectively carried out from September to October and November to December this year.
This also means that when Luo Zhenyu considered landing in the capital market and contacting with the investment banks of securities companies at the end of 2018, the listing place he considered may have been determined to be the domestic capital market. Previously, it was reported that some investment banks had proposed overseas listing plans to Logix thinking, but Logix thinking tended to place the listing location on domestic A-shares.
At the beginning of 2018, the Economic Observer once reported that the main body of Luoji thinking is preparing its listing plan for 2018, and then the founder Luo Zhenyu responded that “there is no timetable”, “Luoji thinking is still a start-up company, and doing well in products and serving users is the focus of everything.”
From “Luo Ji Thought” to Getting App
According to the data, Beijing thought creation information technology Co., Ltd. was founded in June 2014, and the knowledge talk show of Luoji thought, as the predecessor, has been broadcast weekly since December 21, 2012. On the same day, the wechat public account with the same name of Luoji thought was opened, pushing a 60 second voice of Luo Zhenyu every day.
After experimenting with content e-commerce and community economy, Luo Zhenyu, Tuobihua and other founding teams decided to take knowledge service as their core business, and launched App in November 2015 to provide users with “time-saving and efficient knowledge service” as the label, and launched such Cafe courses as Xue Zhaofeng, Wanweigang, Ning Xiangdong, Wu Jun, Wu Zhihong and Xiong Yi, which became the first-ranking knowledge in China. Service brand.
On March 8, 2017, Luo Zhenyu further announced that the program of “Luoji thinking” was changed from video to audio, and the update frequency was changed from weekly to daily, and it was only broadcasted in the app and no longer distributed on the whole platform.
In October 2018, the CEO of APP & logics announced the opening of “get university”, marking another self breakthrough and leap of the company, from a pure online knowledge service product to an entity “University” with stronger education attributes and online and offline linkage.
Luo Zhenyu at the cross year speech
Less than half a year after the program was launched, Shunwei capital became its first institutional investor. In October 2015, Logix officially announced round B financing with a valuation of 1.32 billion yuan, led by China cultural industry investment fund, followed by Qiming venture capital, with Liu Chuanzhi and other participants. This is the only open financing situation of Logitech.
Tianyancha information shows that at present, Sequoia Capital, Zhenge fund, Huaxing capital and other top domestic investment institutions are listed in the shareholder structure of Logitech.
An investment document exposed in 2017 once disclosed the revenue data of Logitech. In 2015, 2016 and 2017, Q1, Logitech’s revenue was 159 million yuan, 289 million yuan and 151 million yuan; net profit was 18.6 million yuan, 44.62 million yuan and 38.05 million yuan, corresponding to net interest rate of 11.7%, 15.5% and 25.2%.
Although Luo Zhenyu denied the above information at the first time, from the perspective of the development of the vertical industry, Luo Ji thought did “eat” a huge dividend, and the relatively considerable revenue data is also reasonable.
Signal of expansion of science and technology innovation board?
After “content payment” and “knowledge service” became the new growth point of content industry, Luo Zhenyu and Wu Xiaobo were undoubtedly the two most dazzling IPS. Not long ago, Ba Jiuling, with “Wu Xiaobo channel” as the core, just announced the termination of the merger plan with Quantong education, a listed company on the A-share growth enterprise market, and called it “or will be an independent IPO”.
Luo Zhenyu and Wu Xiaobo at the new list Conference on January 22, 2016 (back row)
In the previous relevant announcements, it was also indicated that bajiuling track lies in knowledge education: “bajiuling has been focusing on industrial research and enterprise services for a long time, and has strong content production capacity, strong circle community foundation and other core competitiveness in the field of vocational education. These advantages of the target company can effectively make up for the deficiencies of Listed Companies in professional construction and integration of industry and education in the field of vocational education, which is one of the main purposes of this merger and acquisition. Listed companies can take advantage of Bajiuling’s core competitive advantages in the field of Vocational education, such as high-quality content production capacity, rich product types, and better expand their business to the field of Vocational education.
Will the science and technology innovation board become the preferred listing of “content payment” and “knowledge service” enterprises? In August this year, Peng Yigang, deputy director of business of Shanghai Stock Exchange’s IPO service center, did say, “science and technology innovation board mainly focuses on six strategic emerging industries. Is there any chance for other industries? If you are a traditional industry, but in the traditional industry, enterprises committed to promoting the deep integration of the Internet, big data, cloud computing, artificial intelligence and manufacturing industry, leading the middle and high-end consumption, promoting quality change, efficiency change and power change can all be listed on the science and technology innovation board. The specific industry scope shall be issued by Shanghai Stock Exchange and updated in due time. ”
From this statement, if logic thinking can really impact the success of scientific and technological innovation board, it may become a sign.