The academic system of Stanford University divides the year into four seasons: spring, summer, autumn and winter. Each quarter corresponds to a semester. Students choose different courses for each period, which lasts about two and a half months. The courses are compact. Each semester, they must immediately enter the learning state and adapt to frequent Examinations require more courses than students at two-semester American universities, and the pressure is greater than students at other universities.
Autumn classes start in late September and have a holiday in early December; winter classes start in early January and have a holiday in mid-March; spring classes start in late March and have a holiday in early June; summer classes start around June 20 and end in late August.
Sun Yuan, Liu Xin and Xiang Dongting are studying for MBA. They work on projects with their tutors, which is much less stressful. They can also earn living expenses by serving as undergraduate teaching assistants.
The three of them also want to live the life of ordinary master's students at Stanford University. They also plan to continue studying for DBA at Stanford University, interning in large American companies, and after graduation, they will help their eldest brother (brother-in-law) and serve as company executives in the future. They will be focused on applying what they have learned.
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Jiangcheng.
"Mr. Ni, rest assured that Taobao Holdings will fully subscribe for the rights issue and transfer shares, and will take this opportunity to sell some of the circulating shares and reduce the shareholding ratio of circulating shares to less than 30%."
On July 24, Chuan Changhong announced a rights issue prospectus, allocating 237.81876 million shares to all shareholders at a ratio of 10:2.5, with a price of 7.35 yuan. Due to the financial constraints of Changhong Electrical Appliance Factory and other corporate shareholders, all rights issues were abandoned. , social shareholders can also receive the allotment rights for the transfer of legal person shares at the ratio of 10:6.68, and the allotment transfer fee for each legal person share is 0.2 yuan.
Changhong Company plans to raise more than 420 million yuan, of which 200 million yuan will be invested in Taobao Toshiba Color Tube Company, holding 10% of the shares.
In 1988, Sun Jian was invited to invest 20 million yuan in the name of Taobao Electrical Appliance Company to purchase 20 million public shares of Changhong Electrical Appliance Factory that none of the cadres and employees of Changhong Electrical Appliance Factory were willing to buy. In December 1992, Changhong Electrical Appliance Co., Ltd. Before the company went public, Taobao Electric Co., Ltd. invested another 50 million yuan to participate in the premium allotment at a premium of 1:6 (the allotment price was 5 yuan). It invested a total of 70 million yuan in total and held 30 million public shares, accounting for 10% of the total outstanding shares. The proportion of shares is as high as 55.56%!
During the share reform of Kunpeng Software Company, Taobao Holding Company was established. Taobao Electric Company transferred 30 million Changhong public shares held by Taobao Electric Company to Taobao Holding Company free of charge.
On March 11, 1993, 54 million public shares were listed on the Shanghai Stock Exchange. Changhong's stock price rose to a maximum of 28 yuan. Taobao Holdings has not sold a single share to this day.
Sichuan Changhong's annual distribution plan for 2093 is to distribute 12 yuan in cash (tax included) to all shareholders for every 10 shares and 2 bonus shares.
The total share capital of Chuan Changhong has become 237.81876 million shares. Changhong Electrical Appliance Factory holds 168.75552 million shares, accounting for 70.96% of the shares; social legal person shares are 4.26324 million shares, accounting for 1.79% of the shares; and there are 64.80 million circulating shares, accounting for 27.25% of the shares.
Changhong Electric Co., Ltd.’s shareholders of tradable shares can allot 16.2 million shares, and the transferred portion of legal person shares can allot 43.25469 million shares.
Taobao Holdings currently holds 36 million shares of Changhong Electric Co., Ltd., accounting for 15.14% of the total share capital and 55.56% of the shares in circulation. According to the ratio of 2.5 to 10, 9 million shares can be allotted, or according to the ratio of 10:6.68, The transfer rights of legal person shares are 24.048 million shares. To fully subscribe for the rights shares and transfer shares, a total of 33.048 million shares will be allocated, which will cost 247.7124 million yuan (including the transfer fee of 4.8096 million yuan for transfer shares).
After the rights issue, Taobao Holdings will hold 69.048 million shares, accounting for 23.23% of the total share capital of Changhong Company, and the proportion of outstanding shares (124.276 million shares) will remain unchanged (the rights issue given up by shareholders will be underwritten by the underwriter), becoming One of the wonders of the Penghu stock market.
Taobao Holdings Company usually buys and sells Changhong Company shares in large quantities, which will cause its stock price to fluctuate violently, and is suspected of market manipulation (at this time, there is no legal requirement that shareholders holding 5% of the shares must announce in advance when selling stocks). This has also been the case for Sun Jian in the past seven years. One of the reasons why I haven't sold a single stock of Changhong stock in this year.
Taking advantage of Changhong Company's high proportion of dividends, the skyrocketing stock price, and the opportunity of the listing of allotment bonus shares and 1994 bonus shares, we sold 30 million tradable shares (including 9 million allotment bonus shares), and held 15 million tradable shares and 24.048 million transferred bonus shares. , the proportion of the total share capital dropped to 13.13%, and the shareholding ratio of circulating shares dropped to 18.52%, which is barely in line with the normal proportion of a private company investing in the equity of a state-owned joint-stock company.
Taobao Holdings will cash out about 500 million yuan, invest 300 million yuan in Minshen Bank, use 170 million yuan as a reserve fund for the construction of affiliated hospitals, and donate 30 million yuan to the Kunpeng Education and Poverty Alleviation Foundation.
The Kunpeng Student Aid Foundation will allocate 30 million yuan in student aid and poverty alleviation funds this fall to support 10,000 extremely poor students in 246 domestic colleges and universities, providing each with 300 yuan in living expenses.
Taobao Holdings Company donates 10 million yuan every year, plus the more than 20 million yuan earned by the reborn person’s last investment in the Shanghai stock market, to maintain the normal operation of the Kunpeng Education Poverty Alleviation Foundation.
In the past two years, it has donated 32 million yuan to build Kunpeng Elementary School and Kunpeng Middle School at the company's headquarters, becoming the majority of the foundation's expenditure.
On February 8 this year, the Population Welfare Foundation, the Family Planning Association, and the Population Newspaper jointly launched the Happiness Project, whose full name is "The Happiness Project - Action to Help Poor Mothers." Kunpeng Student Aid and Poverty Alleviation Foundation received the news and immediately donated 10 million yuan as a start-up fund.
The Kunpeng Student Aid and Poverty Alleviation Foundation has donated more than 35 million yuan to the Project Hope Organizing Committee to build 125 Kunpeng Hope Primary Schools across the country. The annual funding for private teachers and poor students reaches more than 2 million yuan.
Floods and droughts occur from time to time, and needy groups need assistance. Several domestic foundations have difficulty maintaining operating funds. Leaders call Sun Jian for help. The Kunpeng Student Aid and Poverty Alleviation Foundation has to donate at least 100,000 yuan.
To refuse is to offend!
It’s not easy to do a good thing a hundred times, but it’s all in vain if you do a bad thing once!
Being the richest man in China is not that easy!
Bi Xiaoyun, who is now the vice president of the Kunpeng Student Aid and Poverty Alleviation Fund (enjoying the treatment of the company's deputy manager), is also distressed. Every time the funds are allocated, his brows are furrowed, as if her money is being spent, and he often nags in Chairman Sun's ear. Nao, if you spend money like this, you will sooner or later be unable to make ends meet!
On March 7, the Kunpeng Student Aid and Poverty Alleviation Foundation received Peng's year-end dividend (dividend) of US$35.4375 million (tax-free) in 1994. According to today's official price, it is equivalent to 305.425181 yuan.
Kunpeng Student Aid and Poverty Alleviation Foundation suddenly became a millionaire!
Bi Xiaoyun smiled as if he had received the money.
In order to alleviate the difficulty of education funding, improve school running conditions, and improve teaching quality, starting from the fall of 1995, in addition to seven provinces and autonomous regions including Shanxi Province, Gan Province, Anhui Province, Guizhou, Qingzhou, Xinjiang Province, and Tibet Province, A total of 246 colleges and universities in the remaining 23 provinces, autonomous regions, and municipalities directly under the Central Government have implemented the unified reform of admissions and fees.
The tuition fee standard for general majors in colleges and universities that implement the unified reform of admissions and fees shall not exceed 1,200 yuan per student per academic year.
New life brings new methods, old methods regenerate.
Freshmen at 246 colleges and universities will start paying tuition starting this fall.
The history of going to college in China without paying tuition will be gone forever!
