Chapter 745: The Development of the Sixth Sense
Nasdaq is a financial securities trading institution in New York, but it is different from the New York Stock Exchange. The biggest difference is that Nasdaq uses electronic trading, while the New York Stock Exchange uses a broker trading system . [w. Sui Mеng. lā
The earliest NASDAQ was a platform for non-listed financing for small companies, collecting and publishing quotations from securities firms for over-the-counter unlisted stocks.
The growth rate of Nasdaq has surprised the world. Their off-exchange trading method eliminates the need for specialized securities brokers. Therefore, many people think that Nasdaq is not a stock exchange in the true sense. It is a virtual market!
But this Nasdaq will account for half of the securities transactions in the United States in the future, and the Nasdaq index is also one of the important indicators for measuring the stock market.
It is worth mentioning that Microsoft Corporation and Fruit Company are both listed on Nasdaq.
Of course, now the New York Stock Exchange can also conduct transactions through the Internet and telephone, but it is still not as convenient as Nasdaq.
This time, Sixth Sense chose to go public on Nasdaq. Because Nasdaq's listing requirements are the lowest among all large exchanges, much lower than those of New York Stock Exchange, Tokyo Stock Exchange, London Stock Exchange, Hong Kong Stock Exchange, etc.
The requirements for listing on NASDAQ are that the net tangible assets exceed US$6 million, the pre-tax income of the previous year exceeds US$1 million, the number of outstanding shares exceeds 1.1 million shares, there are more than three market makers, and the lowest price per share It is 5 US dollars, and there are more than 400 integer shareholders.
On the other hand, the general exchanges have to examine the pre-tax income of the previous three years, and also examine the market value of stocks held by the public. The number of shareholders of integer shares must exceed 2,000, and the net tangible assets must exceed 18 million U.S. dollars.
The superior conditions of NASDAQ have allowed many companies to be listed on NASDAQ, among which SMEs and emerging companies are the most, allowing these small companies to quickly achieve their financing goals. In a way, Nasdaq is a bit like the domestic GEM in the previous life.
The Sixth Sense Company meets all the requirements in terms of assets, taxation, etc., but the number of shareholders is insufficient, because the Sixth Sense Company has only a few hundred lifetime contract employees, so there are not so many shareholders.
Island country companies all have this kind of lifetime contract employees, but this kind of contract is generally only provided to island country employees, and foreign employees are rarely able to get it. This kind of contract is very common in large companies in the island country. Without major mistakes or crimes, you can basically stay in this company for the rest of your life.
Moreover, they will increase the wages of such employees according to their number of years. Some companies, such as Songxia, have another benefit.
That is, if the employee is single, after marriage, the wife of the male employee will be required to resign and take care of the family full-time at home. At the same time, the salary of the male employee will be increased by about 50%, or even doubled. This is based on the wife The salary level before marriage, and in island countries, under normal circumstances, the salary of female employees in the same position is only about half of that of men.
In this respect, island companies are considered humane, but the most important thing to protect is the interests of their own people. The Sixth Sense Company has more than 5,000 employees, but there are only a few hundred people with lifetime contracts, because the others are employees from Europe, America, and other parts of Asia, and they don’t even work in island countries. For the sake of profit, Masao Kameda Certainly not giving these people the same contract.
And once the company has an accident, the business situation is not good, and when it is necessary to lay off employees, it will be fine to lay off these ordinary contract workers, because according to the contract period, the amount of compensation to be paid will be much less.
Of course, Masao Kameda would not tell the media about this point. If he did, the media would ask, can employees with non-lifetime contracts not be able to subscribe for shares of Sixth Sense internally?
Of course, it is also possible. For example, middle-level and above managers in some overseas markets can apply for shares of Sixth Sense internally, but unlike the island headquarters, a security guard with a lifetime contract can apply for shares of Sixth Sense.
Feng Yu originally had some complaints about this point. Everyone is an employee of Sixth Sense. You can set a working period, so that more people can buy shares of Sixth Sense. Wouldn’t it be more cohesive?
But Masao Kameda explained that the overseas employees of Sixth Sense are mainly sales staff. As we all know, sales staff are one of the most mobile employees, and the elimination rate is also very high. It cannot be said that this person has performed well in the past two years. Give me a long contract? Sixth Sense's salespeople are all short-term contracts, unless you can become a gold medal salesman, then you can get a management position, and you can also buy company stocks.
Feng Yu has no way to refute this point. He is far less familiar with the Sixth Sense Company than Masao Kameda, and even in terms of company management, he is much worse than Masao Kameda.
He didn't use his major shareholder to suppress Masao Kameda, so he did what Masao Kameda said. Anyway, since Masao Kameda managed Sixth Sense, the speed of development has far exceeded Feng Yu's expectations. , Sixth Sense has grown into a world-class erotic toy giant, among which inflatable dolls, erotic underwear, masturbation devices and safety condoms are the largest source of company profits.
Among these four items, inflatable dolls and erotic underwear have grown to be the first in the world in terms of market share and sales, and have firmly secured the number one position in the Asian, European and American markets.
The remaining two pillar industries of the company, relying on the popularity of Sixth Sense, are also gradually increasing their market sales. Although there is still a big gap between them and the world's largest, the gap is still being shortened.
As the exports of the island nation's love~erotic~ industry to the US and European markets continue to increase, Masao Kameda believes that the sales of masturbation equipment will gradually increase. In this regard, their island nation's designs are world-leading!
Safety condoms are the new profit growth point of Six Sense. Although the sales are good after the launch, it has not even reached the number one in the island country, let alone the number one in Asia or the world. At present, Okamoto is the No. 1 safety condom brand in the island country, and it firmly suppresses the sixth sense.
Masao Kameda is also planning to invest in the research and development of safety condoms this time for the IPO financing. He will first defeat Okamoto in the country, and then dominate Asia and the world.
Feng Yu is not very optimistic about Kameda Masao's ambition. Whether he can defeat Okamoto, Feng Yu has drawn a question mark, not to mention that there are so many big companies in the world.
However, the market for condoms will become bigger and bigger, which Feng Yu agrees with. After financing, it is still necessary to expand the scale and increase investment in research and development.
If Feng Yu hadn't taken away the profits of Sixth Sense several times, the financing would not have been so high.
For this listing, Feng Yu and Kameda Masao are full of confidence, because the few market makers they found are the top financial market makers in the world! (To be continued.)