"Sun Jian, after the establishment of the Science and Technology Leading Group, a start-up capital of 5 billion yuan is needed. Minister Liu suggested that the 213 million shares of Shuguang Communications Group invested by the Ministry of Finance that year and invested by the Posts and Telecommunications Industry Corporation should be cashed in as a start-up capital. funds, and the remaining money was transferred to the treasury. Most people agreed with Minister Liu’s suggestion. Leader Zhu suggested selling 163 million shares and leaving 50 million shares to enjoy the dividends from the growth of Shuguang Communications Group; six months ago, the Posts and Telecommunications Industry Corporation The company has sold 163 million shares in batches, and the cash-out price is around HK$75. Including the dividends for 1995, the profit from this investment is about HK$12 billion. Last month, I heard that TCG’s stock price exceeded HK$80, two In less than a month, I actually lost more than 1 billion Hong Kong dollars." After the opening ceremony of the Southwest Region Investment Promotion Fair in 1996, Leader Li met with Sun Jian and talked about investing in Dawn Communications Group's stocks, feeling both proud and regretful.
On August 2, in order to promote the economic development of the southwest region, organized by the Ministry of Commerce and the Ministry of Foreign Trade and Economic Cooperation, the 1996 Southwest Investment Promotion Conference was held grandly in Spring City. Leader Li attended the meeting, and the Ministry of Foreign Trade and Economic Cooperation came forward to invite domestic, More than 500 companies from Hong Kong, Taiwan, Macao and Southeast Asian countries attended.
Leader Li personally named Sun Jian to represent Taobao Holdings Company to participate in the Southwest Regional Investment Promotion Conference.
More than 2,000 company representatives from China, Hong Kong, Macao and Taiwan and Southeast Asian countries attended the opening ceremony at the Spring City Auditorium. After the meeting, company representatives launched one-on-one negotiations with leaders and manufacturers in the southwest region.
March 22, 1996, the second anniversary of the listing of TCG stock, was the starting trading day when the 564 million shares held by the Employee Stock Ownership Association of Taobao Holdings and the 213 million original TCG shares held by the Posts and Telecommunications Industry Corporation were allowed to be liquidated.
On March 24, 1994, tcg was listed on the Hong Kong Stock Exchange and closed at HK$36.88 that day, up HK$8.53 throughout the day, or more than 30%; the Hang Seng Index closed at 9538 points that day, up 60 points, or 1%.
Yesterday, tcg's stock price closed at HK$82.57, a total increase of HK$45.69, or 125%, from the closing price on the day of listing; the Hang Seng Index closed at a total of 1,827 points, or 19.2%.
TCG's earnings per share were HK$1.89 in 1993, HK$3.97 in 1994, and HK$5.85 in 1995. Revenue and net profit doubled every year, and it was natural that the stock price would double, far outperforming the Hang Seng Index.
Tcg's current net assets per share are HK$19.2, with a price-to-earnings ratio of 14 times. Yesterday's closing market value of tcg was HK$434 billion, ranking second only to HSBC among listed companies on the Hong Kong Stock Exchange.
On July 15, 1996, Forbes' list of the world's richest people was announced. Henderson Land Chairman Li Zhaoji ranked fourth with US$13.2 billion, second only to Gai's US$26.5 billion, Buffett's US$24.5 billion and Zaher's US$14.1 billion. US dollar, becoming the richest man in Asia.
Li Zhaoji was rated as
After becoming the richest man in Asia, he accepted an interview with reporters,
"Asia's richest man is ashamed of himself."
"Chief Chief, the rise in Dawning Communications Group's stock price is determined by the company's fundamentals and performance, and is also closely related to the rise in the Hang Seng Index. If the Hang Seng Index continues to rise, it is possible for Dawning Communications Group's stock price to rise to HK$100! Chief, the stock price No matter how much it rises, it will only be wealth on paper. Smart investors like the chief executive who take advantage of the situation are the ultimate winners of the stock market!" Haha... Leader Li knew that Sun Jian was comforting him, and those who dared to take advantage of the situation while the stock market was rising were Investors are not simple.
The Hang Seng Index rose to a high point in the previous life. Compared with the current index point, it has increased by nearly 50%. Sun Jian predicts that it is not a dream for Sugon Communications Group's stock price to exceed HK$200.
Posts and Telecommunications Industry Corporation now holds 50 million shares, accounting for 0.95% of the shares, and its shareholder ranking has dropped from 3rd to 14th.
The Employee Stock Ownership Association of Taobao Holdings currently holds 441.9 million shares, accounting for 8.4%, making it the second largest shareholder.
Samafn Holdings holds 265 million shares, accounting for 5% of the shares, jumping to third place; iioroleumipany holds 221 million shares, accounting for 4.2% of the shares, the fourth largest shareholder; Citigroup holds 187 million shares, accounting for 3.6% of the shares, the fifth largest shareholder Shareholders; Wells Fargo holds 165 million shares, accounting for 3.1% of the shares, and is the sixth largest shareholder... Compared with last year, the number of shareholders of Sugon Communications Group has decreased by 52.6%.
"Sun Jian, although Yunnan Province is rich in mineral resources and tourism resources, it has a weak industrial base, underdeveloped transportation, and a lack of local talents. It is an underdeveloped region. I hope Taobao Holdings will take the lead in investing in Spring City." lj region received Domestic and foreign donations amounted to RMB 450 million, of which the Kunpeng Student Aid and Poverty Alleviation Foundation and Taobao Holdings and its subsidiaries donated a total of RMB 100 million, accounting for 20% of the total domestic and foreign donations.
Mr. He Yingjie, Chairman of Xiangjiang Tobacco Group, and his family donated a total of HK$75 million in donations.
"Chief, on behalf of the Kunpeng Student Aid and Poverty Alleviation Foundation, I promise to donate 10 million yuan to the Yunnan Provincial Hope Project Organizing Committee for the construction of 20 Hope Primary Schools; on behalf of Taobao Electric Group and Shunyuan Real Estate Group, I promise to jointly invest 1 Billion yuan, acquire a department store on the verge of bankruptcy and a construction company on the verge of bankruptcy, establish Taobao Electrical Appliances Group and Shunyuan Real Estate Group, and make contributions to the housing project in Spring City." Sun Jian knew that he was invited to personally participate in this investment promotion meeting. The purpose is also to be prepared to invest in Spring City and take this opportunity to complete the layout of Taobao Electrical Appliance Group and Shunyuan Real Estate Group in the southwest region.
The Five-Star Customer Service Center was established in 1993, and then the Five-Star Customer Service Center was established.
The total population of Yunnan Province in 1995 was 39.9 million, GDP was 124 billion yuan, and fiscal revenue was 10.2 billion yuan; Chuncheng had a population of 4.5 million, GDP was 36 billion yuan, and fiscal revenue was 2.6 billion yuan.
"Sun Jian, I'll call Leaders Zhang and Wei over here. Can you guys talk about it?" In recent years, Dian Province has introduced many preferential investment policies to attract domestic and foreign investors to invest and do business, but very few responded.
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"On behalf of the people of Yunnan Province, I would like to thank Mr. Sun for his generous donation!" Leaders Zhang and Wei were happy after hearing the promise of the richest man in China from Leader Li, and immediately ordered their secretaries to find the first and second leaders in Chuncheng.
China's richest man donated 10 million yuan to the Yunnan Provincial Hope Project Organizing Committee as soon as he made the move. With some savings, 40 Hope Primary Schools can be built and renovated in mountainous and remote rural areas to provide space for 4,000 rural children to go to school; he promised to build a school in Spring City The investment of 100 million yuan is the largest private investment committed at this investment promotion conference. It will not only stimulate the local economy of Spring City, but also have a positive impact on private capital in China, Hong Kong, Macao and Taiwan.
"Mutual benefits and win-win results. I hope Leaders Zhang and Wei will take care of us!"
