As of today, among the more than 30 private enterprises that are eligible for investment and shareholding, in addition to Taobao Holdings Company's commitment to invest 300 million yuan in shares, the one that has committed the most investment and shares is Yangcheng Yitong Group, which plans to invest 90 million yuan.
Not surprisingly, Taobao Holdings will become the largest shareholder of Minshen Bank.
Sun Jian personally came forward, and Shunyuan Plaza took away a large order from Wantong New World Plaza with its price advantage.
He is worthy of being the richest man in China and a business genius. After selling his house, others still accepted his love, and everyone felt inferior to him.
The banking industry, which absorbs public deposits, issues short-term, medium-term and long-term loans, and relies on the difference between loans and deposits to obtain profits as its main business, is one of the industries in China that guarantees income during droughts and floods. The wages, bonuses and other benefits for cadres and employees are generous, making them the envy of ordinary people. .
The four major banks have used their monopoly status to make a lot of money, but they have also shouldered the heavy responsibility of reforming state-owned enterprises and getting out of trouble. The current management is chaotic, corruption is serious, bad debts are endless, the non-performing loan rate is alarming, and they are on the verge of bankruptcy. They do not divest non-performing assets. Sun Jian also did not dare to invest in shares.
It is allowed to establish the first private bank with clear equity, independent operation, responsibility for profits and losses, no burdens such as historical bad debts and retired employees, and a flexible operating mechanism. Becoming a promoter shareholder will not only facilitate loans, but also provide rare opportunities to make money.
The central bank has promised that the domestic financial industry will gradually open up to private and foreign capital, and each company will be established when it matures.
HSBC, Citibank and Bank of Tokyo opened branches in Beijing, Shanghai and other places.
In its previous life, Minshen Bank relied on promoters to raise a registered capital of 3 billion yuan, but it was not even half done!
Nowadays, prices are rising too fast and the fiscal austerity policy continues. The loan interest rate for one to three years (including three years) is as high as 12.96%. Since it is predicted that the CPI increase in the first half of this year is very likely to exceed 20%, it is rumored that there will be a significant increase in July. Interest rates are due to shrewd private bosses who are not optimistic about the development prospects of Minshen Bank. Private enterprises that invest as promoters must make profits for three years and are not allowed to borrow money or loans...
The landlord’s family has no food left!
"Sun Jian, how about we recommend you to be the vice chairman then?"
To be able to serve as vice chairman without being the largest shareholder, Sun Jian needs to be recommended by the Federation of Trade Unions and submitted to the central bank for approval, and Minshen Bank's board of directors votes to approve.
"Lao Jing, if Taobao Holdings is the largest shareholder, I will serve as a vice chairman who only needs to raise my hand."
In order to facilitate the chairman's management of Minshen Bank, the Federation of Trade Unions, which has zero investment, requires all promoter shareholders who have invested in Minshen Bank to sign an agreement and entrust 30% of their voting rights at the annual shareholders' meeting to the Federation of Workers.
In the previous life, until Minshen Bank was listed, according to the securities law, the Federation of Industry and Commerce with zero investment automatically lost 30% of the voting rights of Minshen Bank.
Sun Jian knew what it meant to be an old man, but how could he have the energy and time to manage the complicated affairs of Minshen Bank? But I don’t feel comfortable leaving a huge sum of 300 million yuan to outsiders.
300 million yuan in this era is equivalent to more than 30 billion yuan twenty years later.
In this era, there are no more than 10 private bosses in China who can spend 100 million yuan in cash!
Once Minshen Bank is listed, Chairman Jing will no longer have 30% of the voting rights at the shareholders' meeting. With his reputation, the directors will not break up for the common interests. However, with the retirement of the CEO, the union of workers and S The chairman and president appointed by the central bank are only the administrative leaders of Minshen Bank. They have no voting rights at the shareholders' meeting, and they do not have much authority and prestige in front of the full-fledged private sector bosses. Proposals that are not in their interests will be ignored. The board of directors still voted against it!
Due to the dispersed shareholding, equity games, property rights disputes, related-party loans and other struggles for power gradually emerged within the board of directors. This was an open secret in the previous life. Internal friction caused Minshen Bank's operating performance and development prospects to lag far behind China Merchants Bank.
If he could invest in China Merchants Bank, Sun Jian would not invest in China Merchants Bank.
Taobao Holdings invested 10% of the equity and gave Sun Jian the position of vice chairman. It was also the result of everyone's discussion, but it would need to be submitted to the central bank for approval.
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Pengcheng.
"Is Chairman Wang interested?"
Sun Jian took another flight from Beijing to Pengcheng.
I walked into the office of Wang Zhi, chairman of the Great Wall Group Company, sat on the sofa, drank Longjing tea, and told in a few words the causes and consequences of the establishment of Shuguang Seiko LCD Company (tslc) during this period. Shuguang Communications Group was willing to take Offered 10% of tslc's shares and invited Great Wall Computer Group Company to invest US$12 million in shares.
Sun Jian has discussed with Reijiro Hattori that tcg will take out 10% of its shares and invite the country's largest computer company, Great Wall Computer Group Company, to join tslc to find stable large customers for the LCD monitors produced by tslc.
Mutual benefit and win-win, for the sake of the development of tslc, Hattori Reijiro can only dream of it. With the richest man in China personally operating it, he has a premonition that tslc has a bright future.
Pengcheng Great Wall Computer Group Co., Ltd. is a wholly-owned subsidiary of Great Wall Group. Wang Zhi also serves as the chairman of Pengcheng Great Wall Computer Group Co., Ltd.
Great Wall Group is a state-owned enterprise.
During the summer vacation of 1987, Sun Jian came uninvited to attend the opening ceremony of China G Computer Development Pengcheng Company (the predecessor of Pengcheng Great Wall Computer Group Company). He also met Wang Kang through Wang Zhi, and by chance bought 20 Ten thousand shares of Pengcheng United Credit Bank (the predecessor of Pengcheng Development Bank). Later, Kunpeng Software Company and Pengcheng Great Wall Computer Company entered into a strategic partnership for mutual benefit and win-win. As Sun Jian's social status soared, the two People's personal relationships are also warming up.
In July 1993, when Pengcheng Great Wall Development Technology Co., Ltd. (Peng Technology), a subsidiary of the Great Wall Group, was established, Wang Zhi invited Sun Jian to invest in the company. Taobao Holdings invested 20 million yuan and purchased 20 million social legal person shares, accounting for 15%, becoming the second largest shareholder.
Zhou Zhiping now also serves as a director on the board of directors of Peng Technology.
Nowadays, public shares issued at a premium are popular, but no one cares about the social legal person shares that cannot be listed, which is equivalent to the 20 million yuan of production capital given to Peng Technology by Sun Jian.
Wang Zhi wants to inherit Sun Jian’s love!
In November 1993, Peng Technology publicly issued 25.675 million new shares (including 5 million employee shares) to the public at a price of 4.65 yuan, and actually raised 119 million yuan.
On February 2, 1994, 20.675 million public shares of Peng Technology were listed for trading on the Pengcheng Stock Exchange, and 5 million employee shares were listed half a year later.
The stock price reached a maximum of 12.45 yuan, attracting the favor of market investors. Soon, as the Peng market continued to plummet, the 1994 dividend plan was implemented in mid-March (2.5 bonus shares and 0.4 yuan for every 10 shares).
It closed at 4.83 yuan yesterday, and transactions were inactive.
Taobao Holdings currently holds 25 million social legal person shares of Peng Technology, and was allocated 5 million bonus shares and a bonus of 720,000 yuan.
