If nothing else goes wrong, the central bank will agree to the request of the preparatory team of Minshen Bank. Taobao Holdings will invest another 341.7 million yuan, which is equivalent to 341.7 million yuan more equity (capital deposit) for the newly established Minshen Bank, an increase of 341.7 million yuan. With a loan fund of 100 million yuan, the credibility will be stronger. The strength of Minshen Bank will be stronger, and the risks will be smaller. Other small shareholders also like to enjoy the shade under the big trees. Even if the sky falls, there is still a big man like the richest man in China to support him. , of course there will be no objection.
Many parties benefit.
One dominant force? Abuse of loan power?
Sun Jian is neither the chairman of the board of directors of the legal representative of Minshen Bank, nor the president or vice president in charge of business operations!
The chairman and vice-chairman of Minshen Bank are appointed by the Federation of Trade Unions, and the president and deputy president are appointed by the central bank.
The Minshen Bank preparatory group, composed of important members sent by the Federation of Workers' and the Central Bank, vigorously promoted and mobilized domestic wealthy private enterprises to participate. It took nearly two months to raise shares, but in the end, it could not even raise the registered capital of 3 billion yuan. , whose face is damaged?
Sun Jian believes that the Minshen Bank preparatory team led by the team leader has the ability to get approval from the central bank!
The Federation of Trade Unions requires all founder shareholders of Minshen Bank to sign an agreement with the preparatory group of Minshen Bank, entrusting 30% of their voting rights at the annual general meeting of shareholders to representatives of the Federation of Workers. The chairman appointed by the Federation of Workers will exercise the rights of the people. Shen Bank has 30% of the voting rights.
Even if Taobao Holdings holds 21.39% of the shares, it will only be able to exercise 14.26% of the voting rights.
Same shares have different rights!
All shareholders of Minshen Bank do not have the right or qualification to elect the chairman, vice chairman, president and vice president of Minshen Bank. This is also an area where the board of directors of Minshen Bank is often criticized by the promoter shareholders.
The embarrassing situation of "different rights for the same shares" was not completely resolved in accordance with the Securities Law until Minshen Bank was listed on the Shanghai Stock Exchange. Since then, the authority of the chairman and president, who have lost 30% of Minshen Bank's proxy voting rights, has often been undermined by the sponsors. The shareholders’ challenge and the proposed proposal were not in the interests of the shareholders and were voted down!
Only then did the chairman and president of Minshen Bank truly understand that these private entrepreneurs who contributed capital were the real owners of Minshen Bank. They had to change their identities, listen humbly to the suggestions of shareholders, and gradually became highly paid employees of the board of directors of Minshen Bank. Professional managers who do not perform well will still be fired.
Taobao Holdings donated 30 million yuan from Peng's dividends to the Kunpeng Student Aid and Poverty Alleviation Foundation. The campaign to fund 10,000 extremely poor students has ended, and has received rave reviews from everyone.
Ordinary people don't know that Taobao Holdings received a dividend of US$521,143,875 in 1994 from peng alone (deducting 10% dividend tax), which is equivalent to 4.5 billion yuan!
Minshen Bank has not raised so much registered capital!
Taking advantage of the Changhong Electrical Appliance Company's bonus shares (10 get 7 for free) before the listing, Changhong's stock price rose sharply. During the excitement of shareholders, 30 million Changhong tradable shares held by Taobao Holdings were sold at a high price, cashing out more than 520 million yuan.
After Changhong Electric Co., Ltd. gave away 7 out of 10, the total share capital became 505.364865 shares and the circulating shares became 211.232973 shares.
Although Taobao Holdings sold 30 million circulating shares, it still holds 66.3816 million shares of Changhong Electric Company (including 40.8816 million red shares that cannot be circulated according to regulations), with a shareholding ratio of 13.13%, but the circulating shares (25.5 million shares) shareholding ratio dropped from 55.56% to 12.07%.
This is also what Sun Jian hopes to see as a reasonable proportion of Changhong Electric Company's outstanding shares.
During this period, Taobao Holdings sold 30 million shares of Changhong Electric Co., Ltd., which did not require advance announcement.
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"Good morning, Mr. Gorbichov!"
“Welcome Mr. Sun to invest in Russia!”
On September 27, at the invitation of the Gorbachev Foundation, Sun Jian took Wang Dongming, Yu Jianguo, Xiang Dongping and Bi Xiaoyun to San Francisco, USA, to attend the San Francisco meeting at the Fairmont Hotel.
Including the elder Bush, Mrs. Thatcher, Gor B. Blair, Brzezinski, Nesbitt, Buffett, Soros and Gates, etc., more than 500 chairmen and politicians of top international companies, Economists and scientists are invited to attend this global event.
Sun Jian keeps a low profile domestically, but on the international stage, he still needs to build good relationships with top international companies and important international officials. This is in line with the fundamental interests of Taobao Holdings.
The core theme of the San Francisco conference is to discuss globalization and how to guide mankind into the 21st century?
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"Good morning, Mr. Governor, Sun Jian, Chairman of GCA!"
Texas Governor George Bush, who took office earlier this year, was also invited to attend the meeting, and Sun Jian took the initiative to introduce himself.
Instruct Yu Jianguo to donate US$500,000 in campaign funds to the Republican Party and invest in the US president from 2000 to 2008.
American politics is a two-party politics between the Democratic and the Republican parties. Donkeys and elephants compete, the winner takes all, and the party in power makes a lot of money.
In July this year, on behalf of Atic, Yu Jianguo donated US$500,000 in campaign funds to the Democratic Party led by current President William Clinton, sponsoring Clinton to continue running for the next US President (1996-2000).
"Good morning, Mr. Sun. Welcome Mr. Sun to invest in Texas."
Sun Jian, a low-key and wise Chinese G man, has long attracted the attention of the American political and economic circles, with mixed reviews. Atic acquired GCA, which was on the verge of bankruptcy. Under his leadership, GCA came back to life and was completely transformed in less than three years. , has once again become the world's most advanced lithography equipment company and the world's largest semiconductor equipment company. GCA has regained the leading position of lithography equipment for the United States.
Gpic, controlled by GCA, was successfully listed on Nasdaq and has become the largest Internet company in the United States and the largest Internet company in the world. It established Japanese gpic and also established a branch in Houston, Texas.
…
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"Good afternoon Mr. Buffett, Atic is one of the small shareholders of Berkshire and has made a fortune with Mr. Buffett."
Before dinner, he met the stock god Buffett in his previous life. Sun Jian took the initiative to deal with him. In his previous life, domestic businessmen wanted to have lunch with the stock god. They had to donate millions of dollars in advance and listen to the stock god's guidance. Suddenly, their worth increased greatly in the capital market, and the businessmen tended to It's like a dream.
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atic currently holds 2,050 shares of Berkshire stock, with a market value of more than $13 million.
"Mr. Sun is a business genius. Berkshire is also a small shareholder of PENG, GCA and GPIC, and has made a fortune with Mr. Sun."
Starting from college, without family support, he started from scratch and ran a regular business. In less than ten years, he owned several listed companies. With Peng listed, his net worth skyrocketed and he was promoted to the richest man in China, but he did not participate in Forbes World Wealth Ranking on the list, at such a young age, he actually doesn’t care about fame.
Buffett and other Jewish billionaires have long been paying attention to Sun Jian. They are puzzled and can only explain it as a business genius. According to the current development trend, if nothing unexpected happens, this low-key Chinese richest man is very likely to become the world's richest man in two years. .
Ha ha……