Episode micro-network reported on July 25
After two months, Bitcoin broke through the important mark of $8,000, and the bitcoin mining machine manufacturer 'Bitland' also sent the latest news of the IPO.
According to all-weather technology, Bitcoin mining machine manufacturer Bitmain plans to submit an initial listing application form to the Hong Kong Stock Exchange on August 30 and complete the listing by the end of 2018. CICC serves as its company. Listed lead underwriter.
It is reported that Bitcoin IPO valuation may reach 30 billion to 35 billion US dollars. In 2017, Bitland's revenue was about 2.5 billion US dollars, and net profit exceeded 1.1 billion US dollars. Among them, mining machine sales revenue accounted for over 90%. 2018 The annual net profit is expected to be 2.2 billion US dollars, and the book cash is more than 3 billion US dollars. Before the listing, the proportion of external shareholders of Bit China is not more than 15%.
According to media reports on July 23, Bitland is undergoing a new round of Pre-IPO round financing, with a planned financing of US$1 billion, a pre-investment valuation of US$14 billion and a post-investment valuation of US$15 billion. This round of potential investors includes Tencent. , GIC, Abu Dhabi Investment Authority and Canadian Pension Fund. The current round of financing is scheduled for delivery at the end of July, at the latest in early August.
However, Tencent responded on the same day: No comments will be submitted.
It is reported that Bitcoin was established at the end of 2013 and is currently the world's largest manufacturer of bitcoin mining machines, which monopolizes more than 70% of hardware and provides about 50% of computing power. Based on the development and production of mining machines, the mainstay of Bitcoin The business also includes mines, mining pools and cloud mining services.
Bitcoin has R&D centers in Beijing, Chengdu and Wuhan. It has branches and subsidiaries in Shenzhen, Shanghai, Tianjin, Fuzhou, Qingdao, Taipei, Hong Kong, etc. It has established R&D teams in the United States, Israel, the Netherlands and other countries. More than 2,000 employees. More than 40% of them are engaged in research and development. More than 50% have master's degrees.
In fact, virtual currency has brought a group of mining machine manufacturers. In addition to Bitcoin, Canaan, the second-ranked bitcoin miner, has taken the lead and formally submitted a listing application to the Hong Kong Stock Exchange. Or raise about $1 billion, which may be another incentive for Bitcoin to announce an IPO.
According to Jianan Zhizhi's submission of the prospectus to the Hong Kong Stock Exchange, the company's profit in 2017 was 361 million yuan, an increase of more than 230 times compared with two years ago. From the perspective of earning ability, the adjusted net profit margin was 3.2% in 2 years. Uplifting, reaching 36%. If it is successfully listed, Jianan Zhizhi will become the first blockchain company listed on the Hong Kong Stock Exchange.
Jianan Zhizhi was established in 2013 with a registered capital of 100,000 yuan. The company specializes in designing and selling high-performance integrated circuit boards, and is also a manufacturer of Avalon series bitcoin mining machines. Since 2015, Jia Nan Zhizhi Started the research and development of artificial intelligence chips. After nearly two years of hard work, in December 2017, Jia Nan Zhizhi pre-released the world's first artificial intelligence edge computing chip KPU.