HAN'S LASER 223 laser drilling equipment. In 2007, sales reached RMB $196.3 mil- lion--more than four times the sales before the IPO. The company had begun to run out of factory space to fill orders. In July 2008, Han's Laser made an SEO (seasoned equity offer- ing), which raised nearly $146.4 million. The proceeds went into building the largest laser production site in the world. Gao's Success and Future Prospects In 2010, Gao Yunfeng--at the age of 43, when most people are just beginning to approach their prime--was listed by Forbes as the 366th wealthiest person in China, with a personal worth estimated at $200 million. It was a long way from the young high school stu- dent who had to ration 12 buns over a week's time to have some- thing to eat. Gao had taken incredible risks in his career, and they had paid