Incident: On October 18, 2017, Qudian was listed on the New York Stock Exchange under the stock code “QD”. The company's market capitalization reached 9.6 billion US dollars after the market closed on the same day. Guosheng Financial Holdings has transferred 232,201 shares of its Qudian shares. The issue price on the same day was 24 US dollars per share, and the transaction amount was 5,572,824 US dollars.
Comment:
Some Qudian shares were sold to deepen business collaboration. At the end of last year, Guosheng Financial Holdings transferred 5% of Qudian's shares for 375 million yuan. Judging from the recent Qudian stock price, Guosheng Financial Holdings will receive at least 2 billion dollars in equity appreciation from this investment. Thanks to the shareholders' background and excellent business performance, Qudian's listing was favored by the capital market. After the transfer of a small amount of shares, Guosheng Financial Holdings retained its position as a core shareholder. The layout of listed companies is efficient, increasing the performance of listed companies in the short term, and is in line with the company's long-term strategic layout in the medium to long term.
Strategic foresight, focusing on development and innovation, positioning the Internet financial control platform. Guosheng Financial Holdings is positioned as an Internet financial control platform. Its core strategy is to gradually establish a financial service system covering multiple licenses such as securities, insurance, investment, and trusts based on the Internet ecosystem through endogenous and extended development, making full use of Internet innovation methods, and ultimately building the company into a professional, innovative and open Internet financial control platform. The company's financial platform has a good openness and innovation mechanism, and has actively established Qianhai Technology and Hengqin Technology companies to build a scientific and technological foundation. The company continuously introduces professionals in the field of fintech and is committed to using technical means to enhance and improve the service capabilities of the company's financial module business. The company is currently in the early stages of an Internet financial control platform, and future development is worth looking forward to.
Traditional finance is the fulcrum, and equity investment is now dynamic. The traditional cable business achieved business decline and optimized the organizational management structure. The core asset is Guosheng Securities's full business license, strong service and marketing system, and will become an important fulcrum for the company's Internet financial control platform in the future. On the basis of consolidating and sorting out the original business, the company will continue to promote other financial services, including insurance and small loan project approval and preparation. At the same time, the investment business has already completed the construction of equity investment platforms in RMB and foreign currency. The management has rich experience in private equity investment. Through private placement (own capital+industrial capital), they intervene in high-quality targets, and then release synergies between high-quality targets and financial control platforms through mergers and acquisitions of assets. The company's strategic positioning is clear, and outreach resources are abundant. Traditional finance is the fulcrum to promote the technology finance layout.
Risk warning: the company's development and transformation fall short of expectations