1 thought on “From the peak to the delisting, what story does Storm Group have experienced?”
Abraham
Bubbles, everyone will think it is a bad thing. But the foam is actually very contradictory: the myth of wealth and the bloodlessness, such opposite words may come from it. . For example, the first batch of 28 companies listed on the GEM in 2009, El Eye Department has increased by 30 times, which is even more horizontal than Moutai, Guizhou. After Jinya Technology fell to 0.29 yuan, Jinya Technology delisted sadly. Once the representatives of bubbles and technology, the result was: one that makes people get rich and one makes people go bankrupt. The first impression of many people's technology bubble is bloody sickle. A typical example is Storm Group. In 2015, Storm Group was listed, with 37 daily limit in 41 days. The stock price reached 327.01 yuan, and the market value once reached 40 billion. In less than two months, 10 billionaires, 31 millionaires and 66 millionaires were born within the Storm Group, and the founder Feng Xin was worth more than 10 billion yuan. Feng Xin was the soul of the Storm Group. The 2018 annual report of Storm Group shows that Feng Xin directly holds 21.34%of the company's equity and indirectly holds 4.45%of the equity, which is the actual controller, chairman and general manager of Storm Group. Feng Xin started a business in 2005. In early 2007, Feng Xin's team acquired "Storm Video" and began corporate operations. According to Feng Xin's self -report, he is a "mixed", "barely graduated from college", and then sold in Jinshan software until the general manager of the Division Division "was fired" and went to Yahoo China. Life is "reckless." In the era of Internet 1.0, Storm Video's market share in this field was uncomfortable. In 2010, the storm was reorganized, and Feng Xin decided to go back to China. After that, the US dollar capital withdrew and introduced domestic capital such as Huawei Investment and Jinshi Investment. However, the approval of the A -share approval of the CSRC was then delayed. In 2013, Storms contacted Ali. If successful, the storm will be acquired by Alibaba, and Ali will invest about 900 million US dollars in the next few years. "I was talking to Ali, and suddenly received a text message saying that A shares were going to unlock." A shares were originally a strategic place for storm, so he resolutely decided to do it by himself. In 2015, Storm Group was listed on the GEM. There is a saying that at that time, the science and technology stocks of GEM were scarce. Therefore, the Storm Group was enthusiastically supported by capital, and once burst out 30 daily limits, envying others. The previous year when it was listed, that is, in 2014, Storm Group's revenue was only 386.2 million, and its net profit was 41.85 million. If it is calculated according to the traditional industry, more than 40 million profits can not support the valuation of 40 billion anyway. However, new concepts such as virtual reality and Internet videos are too charming, and there are endless streams of attractives. . Unfortunately, the storm group came to an end. On July 1, 2020, Storm Group was suspended. On August 28, the Shenzhen Stock Exchange issued a "death notice": terminate the listing. Feng Xin himself is facing a righteous charges of judicial charges. But the person who really suffered is the person who pays for this bubble. The year before the Storm Group's termination of listing, there were more than 60,000 shareholders. The speculators have nothing to do, but most of the internal personnel of the Storm Group have been cash out and got real money. According to incomplete statistics, since 2016, the original shareholders of Storm Group have cumulatively cash more than 1.3 billion yuan. In addition to Feng Xin, the company's executives went to clean. Perhaps many of these cash -off people were once young people with blood, but they eventually lost to reality. Because money is too easy. At the peak of Storm Group, the price -earnings ratio is as high as more than a thousand times. In other words, assuming the annual profit growth rate of Storm Group is 0, it takes thousands of years to be able to afford the stock price of this fired. The thousand years old, getting rich only. Technology bubbles like Storm Group are a great blow to the entire technology industry. Because it will make investors prejudice, and some of the potential technology companies are treated as scammers. They cannot get financing and die early. Many dragons also chose another direction in the end.
Bubbles, everyone will think it is a bad thing. But the foam is actually very contradictory: the myth of wealth and the bloodlessness, such opposite words may come from it.
. For example, the first batch of 28 companies listed on the GEM in 2009, El Eye Department has increased by 30 times, which is even more horizontal than Moutai, Guizhou. After Jinya Technology fell to 0.29 yuan, Jinya Technology delisted sadly. Once the representatives of bubbles and technology, the result was: one that makes people get rich and one makes people go bankrupt.
The first impression of many people's technology bubble is bloody sickle. A typical example is Storm Group. In 2015, Storm Group was listed, with 37 daily limit in 41 days. The stock price reached 327.01 yuan, and the market value once reached 40 billion. In less than two months, 10 billionaires, 31 millionaires and 66 millionaires were born within the Storm Group, and the founder Feng Xin was worth more than 10 billion yuan.
Feng Xin was the soul of the Storm Group. The 2018 annual report of Storm Group shows that Feng Xin directly holds 21.34%of the company's equity and indirectly holds 4.45%of the equity, which is the actual controller, chairman and general manager of Storm Group.
Feng Xin started a business in 2005. In early 2007, Feng Xin's team acquired "Storm Video" and began corporate operations. According to Feng Xin's self -report, he is a "mixed", "barely graduated from college", and then sold in Jinshan software until the general manager of the Division Division "was fired" and went to Yahoo China. Life is "reckless." In the era of Internet 1.0, Storm Video's market share in this field was uncomfortable.
In 2010, the storm was reorganized, and Feng Xin decided to go back to China. After that, the US dollar capital withdrew and introduced domestic capital such as Huawei Investment and Jinshi Investment. However, the approval of the A -share approval of the CSRC was then delayed.
In 2013, Storms contacted Ali. If successful, the storm will be acquired by Alibaba, and Ali will invest about 900 million US dollars in the next few years. "I was talking to Ali, and suddenly received a text message saying that A shares were going to unlock." A shares were originally a strategic place for storm, so he resolutely decided to do it by himself.
In 2015, Storm Group was listed on the GEM. There is a saying that at that time, the science and technology stocks of GEM were scarce. Therefore, the Storm Group was enthusiastically supported by capital, and once burst out 30 daily limits, envying others.
The previous year when it was listed, that is, in 2014, Storm Group's revenue was only 386.2 million, and its net profit was 41.85 million. If it is calculated according to the traditional industry, more than 40 million profits can not support the valuation of 40 billion anyway. However, new concepts such as virtual reality and Internet videos are too charming, and there are endless streams of attractives.
. Unfortunately, the storm group came to an end. On July 1, 2020, Storm Group was suspended. On August 28, the Shenzhen Stock Exchange issued a "death notice": terminate the listing. Feng Xin himself is facing a righteous charges of judicial charges. But the person who really suffered is the person who pays for this bubble.
The year before the Storm Group's termination of listing, there were more than 60,000 shareholders. The speculators have nothing to do, but most of the internal personnel of the Storm Group have been cash out and got real money. According to incomplete statistics, since 2016, the original shareholders of Storm Group have cumulatively cash more than 1.3 billion yuan. In addition to Feng Xin, the company's executives went to clean.
Perhaps many of these cash -off people were once young people with blood, but they eventually lost to reality. Because money is too easy. At the peak of Storm Group, the price -earnings ratio is as high as more than a thousand times. In other words, assuming the annual profit growth rate of Storm Group is 0, it takes thousands of years to be able to afford the stock price of this fired.
The thousand years old, getting rich only. Technology bubbles like Storm Group are a great blow to the entire technology industry. Because it will make investors prejudice, and some of the potential technology companies are treated as scammers. They cannot get financing and die early. Many dragons also chose another direction in the end.