On the evening of September 17th, Tianxing Automobile announced its financing plan to the public.
The plan is to offer up 15% equity for a massive 7.2 billion US dollars financing.
This news not only caused a stir in the domestic and international investment banking sectors but also sparked heated discussions among netizens.
If 15% equity is worth 7.2 billion US dollars, that means Tianxing Automobile's valuation reaches 48 billion US dollars.
"It's not that I don't understand, it's just that this world is too topsy-turvy. It was valued at just 9 billion US dollars at the beginning of the year, and now it's over five times that."
"It's not incomprehensible either; Tesla's market value has returned to 200 billion US dollars, so Tianxing's 48 billion isn't too much."
"Tsk tsk, which means Lu Liang's wealth might experience a surge."
Once the news was announced, the voices resisting the Yao Guang press conference dwindled by 99% instantly.
