Chapter 564 [Stars 2011 Annual Report Released]

Style: Romance Author: Zhaoling SiyuWords: 2347Update Time: 24/01/18 08:59:51
Since the establishment of Stars Capital, Hua Yu has been in charge for more than three years. Hua Yu’s contribution to the company’s development to today’s scale is recognized by everyone, and most of the core decision-makers of Stars Capital are from the Huayang family.

Obviously, if Hua Yu comes out to fight for it, it will definitely be difficult for everyone, and it will also put many people in a dilemma, and it will be difficult for the work to be carried out smoothly.

At this moment, hearing what Hua Yongming said, Hua Yu couldn't help but nodded: "I understand."

Hua Yongming looked at the list of materials again and said, "Is he planning to put Cao Chenghui in the position?"

Hearing this, Hua Yu shook his head and said: "That's not true. On the contrary, Qiu Guangcheng has been mentioned many times and praised very much. I think there is a high probability that Qiu Guangcheng will be chosen to take charge."

Hua Yongming said simply and neatly: "Then you support Qiu Guangcheng to become the leader. In short, you can't go wrong by following his lead."

Thinking about it, it is a bit unrealistic for Cao Chenghui to take charge of Qunxing Capital immediately after being promoted to the board of directors. After all, Qunxing Capital is now very different from what it used to be, with huge influence and assets reaching a trillion level.

Every move he makes can be called a bellwether for the economy and a barometer for the stock market.

If Cao Chenghui reaches the top in one step, there will be great controversy both within Stars Capital and the outside world.



A week later, the weekend of January 15th.

Qunxing Capital issued a major announcement, announcing that the board of directors will be reorganized into a rotating director mechanism. The news also attracted the attention of the capital market. After all, Qunxing Capital is now a giant.

The media and industry insiders also have different interpretations and opinions.

When it comes to the rotating director mechanism, the outside world can't help but think of a domestic communications giant, which also uses a rotating mechanism. But there are certain differences between the two. For example, the content announced by Qunxing Capital this time shows that the rotation time is every two years.

The efficiency of Qunxing Capital is also very fast. The boots were put on the ground right before the arrival of the Spring Festival. Only three days after the news was announced, the list of the company's new board members was once again disclosed. In stroke order, they are: Tian Jiayi, Hua Yu, and Wu Cheng , Qiu Guangcheng, Shi Yao, Zhao Sheng, Cao Chenghui.

The company's new board of directors has a total of seven members, and the one that has attracted much attention from the outside world is who will be the first rotating chairman after the restructuring.

It was Qiu Guangcheng.

The original head Hua Yu is no longer in charge of Star Capital, but he is still on the board of directors.

In addition, the new face Cao Chenghui has also attracted much attention. As the previous head of Yixing Media Group, outsiders did not expect that he would directly enter the board of directors of Qunxing Capital.

This restructuring of rotating directors did not have much impact on the operations of Qunxing Capital. The work handover was very smooth and smooth.

It is natural that Hua Yu is very aware that it can go so smoothly. He is the biggest difficulty in the rotating restructuring, but he is happy to step down. The resistance to the restructuring work is at least halved, and the company will not be turbulent.



After the Spring Festival, the A-share market entered a new year and ushered in a continuous upward trend. After the high-level speeches, the market rose strongly in January and February, and the gains in individual stocks were also gratifying. Investors' confidence doubled, sweeping away the haze of the decline in the previous two years. .

On February 24, the Shanghai Stock Exchange Index accelerated its four consecutive positive trends and hit a new high for the year. After closing the positive trend, it rose by +1.25%. The market index also rose to 2439.63 points, and it was about to launch a sprint towards the 2500-point integer mark.

This position is a key pressure level, and it was the lock-up area in November last year. At that time, everyone was trumpeting the news about Huijin increasing its holdings and Qunxing Capital increasing its holdings, shouting that the market would return to 3,000 points, and many people were deceived. Come in.

Needless to say, there is no need to say more about the subsequent market trend. 3,000 points are out of reach. The market held firm near 2,500 points, and then exploded all the way to 2,132 points.

However, Fang Hong’s layout in the A-share market, which was based on bargain hunting a year ago, is now running away.

This wave of market peaked at 2478 points, and now it has reached the 2400 point mark. If nothing happens in the next few days, it will fluctuate and become a small M top. In March, it will start to explode and play a roller coaster.

The whole month of March will be a major downturn, and it will fall back to around 2200 points at the end of the month. At that time, you can buy the bottom again at the end of March, because April will usher in a strong rebound. The main focus of the whole month of April will be bullish, which will push the index again. It reaches a height of 2450 points.

The first half of the year was a roller coaster ride.

With the end of April, the A-share market will usher in an important watershed for this year's market. After that, it has been falling for six months, with new lows and new lows.

This year's Big A market has been on a rollercoaster ride, and the external markets are also experiencing ups and downs. The European debt crisis has had twists and turns, the United States is facing a fiscal crisis, quantitative easing has roiled the global capital market, and Venezuela's stock market has soared by +300% in one year. , there was also a big bear market in which the Cyprus stock market plummeted 60%.

In particular, the stock market in Cyprus plummeted. After the subsequent debt crisis broke out, more and more people began to abandon the traditional financial industry. The encrypted digital currency market ushered in the trend, and the "decentralization" of Bitcoin was favored by more and more people. Favor also drives up its price.

As for now, the price of Bitcoin is lying around $2, which is the floor of the floor.

Bitcoin has emerged from a shocking super bear market. No one expected that Bitcoin, which is currently priced at US$2 a piece, once soared to a height of more than US$1,000.

Although Merrill Lynch came out to support it, the market didn't seem to buy it, because everyone knew that Merrill Lynch was standing guard at the top of the $1,000 universe. It was ridiculed by players in the currency circle. Do you want to sing a long top to let others out?

Does Merrill Lynch want to be beautiful?



Tuesday, February 28, afternoon.

When Tian Jiayi came back from the company, he also brought back Qunxing Capital's 2011 financial report.

At this moment, she was reporting to Fang Hong in the living room on the first floor of the villa: "The company's annual revenue in 2011 was 1,121.573 billion yuan, a year-on-year increase of +117.49%, and the net profit was 358.903 billion yuan, a year-on-year increase of +89.57%. The company's net profit margin is 32%, and the company's net profit margin cannot be reduced below 30% unless it actively incurs losses."

It is obviously impossible to take the initiative to lose money. The purpose of lowering the net book interest rate is to make a good profit statement.

It is worth mentioning that Qunxing Capital now has two ledgers, one is an open ledger for external use, and the other is a secret ledger for internal use. As for whether the financial statements have been falsified, of course not, it just has a ledger.

Obviously, what Tian Jiayi is reporting at this moment is a secret account, which is also the most authentic ledger of Stars Capital.

Tian Jiayi browsed the financial report and continued to report: "The company's net assets at the end of 2011 were 2,733.565 billion yuan, a year-on-year increase of +50.72%, the total assets were 3,064.222 billion yuan, a year-on-year increase of +21.04%, and the debt scale was 330.657 billion yuan, a year-on-year increase of +24.68%. However, The company’s debt ratio dropped to 10.79% from 12.75% last year, and its liquid cash was 853.9 billion yuan, a year-on-year increase of +86.71% and a month-on-month increase of +48.91%.”

Fang Hong took the materials and browsed them in detail, and was very satisfied with the company's performance in 2011.

The A-share market has been so weak in the past year. It is like a monkey market for others, but Qunxing Capital is a bull market. This annual report has two major breakthroughs. One is that the company achieved revenue exceeding the trillion mark in such a bad market environment last year, and the other is that One is that the company's total assets exceeded the 3 trillion mark for the first time.

Although there are hundreds of billions of negative assets, negative assets are also assets.



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