On August 23, "Securities Daily" published a letter from readers on the front page, signed by 12 shareholders, entitled "What happened to Changhong's transfer of bonus shares to the market?"
On that day, trading in Changhong shares was suspended for half a day.
On the 24th, the Securities and Exchange Commission officially intervened to investigate the matter, and Changhong's stock was suspended from trading.
On the 25th, the Securities and Exchange Commission made a ruling on the incident of Changhong’s transfer of bonus shares to the market, finding that this incident violated relevant regulations, and characterized the Shanghai Stock Exchange’s actions as a “work error.”
On the same day, the Shanghai Stock Exchange informed that trading in Changhong stock would continue to be suspended while the Securities and Exchange Commission investigates the Changhong incident.
----
"Mr. Chen, Principal Qin, first wants to establish the reputation of Qiming Foreign Language Training School in Jiangcheng. After two years, expand to big cities such as Beijing, Shanghai, Yangcheng and Pengcheng. Once a Qiming Foreign Language School is established in these big cities, training school, Qiming Culture Co., Ltd. will establish Qiming Culture Group Co., Ltd. and strive to become a listed company."
On the morning of August 11, Qiming Foreign Language Training School, located not far from the headquarters of Qiming Culture Company, was completed and opened.
Attendance upon invitation, Chairman Sun guided the inspection work.
General manager Chen Xuemei came forward, and Gaoxin hired her college classmate Qin Hongyan, associate professor of East China Normal University, as president, and recruited Guo Jindong, Li Hua, Zhang Hong and Chen Xiangyun who had resigned from East China Normal University, Jiangcheng University and the School of Foreign Languages of Hubei University and had studied abroad. Serve as a full-time foreign language training teacher, and also hired four retired foreign language teachers from East China Normal University and Jiangcheng University Foreign Languages School as part-time training teachers, including Zhong Wei and Liu Renqing.
In this era, female professors and associate professors retire at the age of 55. They are still young and energetic, and they can still work for ten years without any problem.
During recruitment, Qiming Culture Company promised to give Qin Hongyan a 100-square-meter fully decorated house and purchase 20,000 shares of the company's stock based on its net assets; to give Guo Jindong, Li Hua, Zhang Hong, and Chen Xiangyun each an 80-square-meter finely decorated house and purchase 10,000 shares of company stock.
Qiming Foreign Language Training School has submitted a report on hiring foreign teachers to the Foreign Affairs Office and the Education Bureau, but has not yet received approval.
As Qiming Culture Co., Ltd. continues to expand its shares, veteran employees actively participate in the allotment of shares, and new employees are allowed to purchase new shares based on net assets and different proportions. Today, Chen Xuemei holds 432,000 shares and Zhang Danian has 144,000 shares.
On the original site of a closed street factory covering an area of more than 800 square meters, Shunyuan Real Estate Group designed and built a six-story teaching building and a seven-story staff dormitory. The nearly 1,800-square-meter teaching building has 42 rooms of various sizes. Multi-functional classrooms and offices are equipped with complete multimedia teaching, voice teaching equipment and network facilities.
Currently, we only offer training courses for overseas English and CET-4 and CET-6 exams. In the future, we will also offer overseas training courses for children’s English, high school entrance exam English, college entrance exam English, postgraduate English, Japanese, French, German, Korean, Italian and Spanish, etc.
Relying on the reputation of Qiming Culture Company, after more than a month of publicity, 274 students were recruited, divided into TOEFL classes, IELTS classes, GRE classes, CET-4 classes, and CET-6 classes.
Today's off-campus training institutions use weekends, winter and summer vacations to hire in-service or retired teachers and rent classrooms in primary and secondary schools to run classes. Training institutions such as Qiming Foreign Language Training School have their own teaching buildings and full-time training teachers (with teacher qualification certificates). This is the only one in Jiangcheng. After inspecting the classrooms and teaching facilities on site, the leaders of the Education Bureau lamented the generosity of the richest man in China.
Since Sun Jian was unwilling to reveal his identity and did not interfere too much, he allowed Chen Xuemei and Zhang Danian to develop freely. The two were energetic and confident, working tirelessly and traveling all year round. After seven years of rapid development, Qiming Culture Co., Ltd. 21 Qiming Bookstores have been established in Hubei Province, with 298 employees. The company's total share capital has expanded to 2.674 million shares. With the substantial appreciation of bookstore properties, the net assets per share are 4.47 yuan, and the total assets have reached 11.95278 million yuan.
Sun Jian holds 2.354 million shares, accounting for 88% of the shares.
In October 1992, Guo Liang got married, and Sun Jian's identity was exposed, which was shocking!
Sun Jian was a little ashamed of Chen Xuemei and Zhang Danian, so he had to step up to the front desk and instruct them to follow the pace of Taobao Electrical Appliances Mall and Shunyuan Garden in the domestic layout, and Qiming Bookstore to go out of Hubei Province, mainly funded by him, and open the local Shunyuan Garden. In the Garden Community, according to the company's preferential price, a facade house of about 200 square meters will be purchased and decorated by Shunyuan Real Estate Group Decoration Company.
In less than three years, Qiming (Hongcheng) Bookstore, Qiming (Tanzhou) Bookstore, Qiming (Luzhou) Bookstore, Qiming (Zhengcheng,) Bookstore, Qiming (Yangcheng) Bookstore, Qiming (Pengcheng) Bookstore, Qiming (Pengcheng) Bookstore, (Shanghai) Bookstore, Qiming (Jingcheng) Bookstore, Qiming (Jinling) Bookstore, Qiming (Quancheng) Bookstore, Qiming (Chang'an) Bookstore and other 11 provincial central stores, the total number of employees has reached 732, and the company's total share capital has expanded to 3050.5 10,000 shares, net assets per share are 3.65 yuan, and total assets reach 111.34325 million yuan.
Sun Jian holds 28,369,650 shares, accounting for 93% of the shares.
Taobao Holding Company and Taobao Electrical Appliance Group are still Sun Jian's sole companies, but Shunyuan Real Estate Group is a joint-stock company. Although Sun Jian has absolute control, he cannot transfer benefits and does not need to do so.
Qiming Culture Co., Ltd. will be merged into Taobao Holdings sooner or later.
"Okay, Chairman Sun!"
"Okay, Chairman Sun!"
In less than three years, Chen Xuemei and Zhang Danian truly realized Sun Jian's grandeur and management methods.
Occupying provincial capital cities and municipalities, recruiting talents, establishing a talent team and logistics system (using Taobao Electric Group's logistics company for a fee), Qiming Bookstore builds its brand locally, and then enters medium-sized cities, but the prerequisite is that it requires a keen vision and strong financial resources. .
When Sun Jian was inspecting work in Zhongguancun Park last May, he encountered employees of the newly established New Oriental School handing out enrollment leaflets on the street. His eyes lit up, and he immediately instructed Chen Xuemei to find a piece of land to buy around the headquarters of Qiming Culture Company. A teaching building and a staff dormitory were built to establish Qiming Foreign Language Training School.
Staff dormitories are allocated to veteran employees and imported talents.
The main purpose of establishing three htic investment consulting companies in Shanghai, Pengcheng and Beijing was to extend an olive branch to large companies that could be listed at home and abroad in the previous life, invest in shares, sow seeds, and use those capable people to harvest fruitful fruits.
The education and training industry will also be a huge cake in the future!
------
Beijing.
"Mr. Qi, Liu Yue gave birth to a boy on August 5th. His father named him Sun Dong. He hopes to become the pillar of the Sun family. I invite everyone to have a drink in Quanjude."
Chen Jie parked his car in the courtyard of Dahonglou in the capital, took out a box of Great Wall dry red from the trunk, and followed Sun Jian and Bi Xiaoyun to visit Mr. Qi.
Hearing the sound of the car, Zhang Jinghuai walked out.
Sun Jian introduced Bi Xiaoyun to Mr. Qi and Zhang Jinghuai.
