My Fintech Empire

Chapter 565 [Stars 2011 Annual Report Released]

Since the establishment of Qunxing Capital, Huayu has been in charge for more than three years. The company has grown to the scale it is today. Huayu's contribution is also recognized by everyone, and most of the core decision-making personnel of Qunxing Capital are from the Huayang family.

Obviously, if Huayu came out to fight for it, it would definitely make it difficult for everyone, and it would also put many people in a dilemma, and it would be difficult to carry out the work smoothly.

At this moment, upon hearing what Hua Yongming said, Hua Yu couldn't help but nodded: "I understand."

Hua Yongming looked at the material list again and said, "Is he planning to let Cao Chenghui take over?"

Hearing this, Hua Yu shook his head and said: "That's not true. On the contrary, Qiu Guangcheng was mentioned many times and praised him. I think there is a high probability that Qiu Guangcheng will be chosen to take charge."

Hua Yongming said bluntly: "Then you support Qiu Guangcheng as the superior. In short, you can't go wrong if you look up to him."

Thinking about it, Cao Chenghui has just been promoted to the board of directors, and it is a bit unrealistic to take charge of Qunxing Capital immediately. After all, Qunxing Capital is not what it used to be, with huge influence and assets reaching trillions.

Its every move can be regarded as the weathervane of the economy and the barometer of the stock market.

If Cao Chenghui climbed to the top directly, there would be great controversy both inside and outside Qunxing Capital.

...

A week later, the weekend of January 15th.

Qunxing Capital issued a major announcement, announcing the reorganization of the board of directors into a rotating director mechanism. The news also attracted the attention of the capital market. After all, Qunxing Capital is now a giant.

The media and industry insiders have also interpreted it one after another and have different opinions.

When it comes to the rotating director mechanism, the outside world can't help but think of a domestic telecommunications giant that also adopts a rotating mechanism. But there are also certain differences between the two. For example, the content announced by Qunxing Capital this time shows that the rotation time is changed every two years.

The efficiency of Qunxing Capital is also very fast, and the boots landed directly before the Spring Festival. Only three days after the news was announced, the company’s new board members were disclosed again. In alphabetical order, they are: Tian Jiayi, Huayu, Wu Cheng , Qiu Guangcheng, Shi Yao, Zhao Sheng, Cao Chenghui.

The company's new board of directors has a total of seven members, and the one who has attracted the attention of the outside world is who is the first rotating chairman after the restructuring.

It was Qiu Guangcheng.

The original head, Huayu, is no longer in charge of Qunxing Capital, but he is still on the board of directors.

In addition, the new face Cao Chenghui also attracted a lot of attention. As the former head of Yixing Media Group, outsiders did not expect him to directly enter the board of directors of Qunxing Capital.

The reorganization of rotating directors did not have much impact on the operation of Qunxing Capital, and the handover of work was very smooth and smooth.

It is natural that Huayu is very conscious to be able to go so smoothly. He is the biggest difficulty in the rotation restructuring, but he is very happy to step down. The resistance to the restructuring work will be at least halved, and the company will not be in turmoil.

...

After the Spring Festival, the A-share market has entered a new year and ushered in a continuous upward trend. After the high-level announcements, the market rose strongly in January and February, and individual stocks also rose gratifyingly. Investors’ confidence doubled, sweeping away the haze of the previous two years of decline .

On February 24th, the Shanghai stock index accelerated and hit a new high for the year with four consecutive yangs. The top yang rose +1.25%, and the market index also rose to 2439.63 points, and it was about to launch a sprint towards the 2500-point integer mark.

This position is a key pressure point, and it was the hold-up area in November last year. At that time, people were blowing the news of Huijin increasing its holdings and Qunxing Capital increasing its positions, shouting that the market would return to 3,000 points, and many people were deceived. Come in.

Needless to say, 3000 points is out of reach, and the market is firm around 2500 points, and then it explodes all the way to 2132 points.

However, Fang Hong's layout in the A-share market was to buy bottoms years ago, but now he is on the run.

This wave of market peaked at 2478 points, and now it has reached the 2400 point mark. In the next few days, it will fluctuate and become a small M top.

The whole of March is the main drop wave, and it will return to around 2200 points at the end of the month. At that time, it will be enough to buy the bottom again at the end of March, because April will usher in a strong rebound. Top to a height of 2450 points.

The first half of the year was a proper roller coaster market.

With the end of April, the A-share market will usher in an important watershed in the market for the whole year. After that, it will continue to fall for seven months, with new lows and new lows.

This year’s big A has staged a roller coaster market, and the external market is also ups and downs. The European debt crisis has twists and turns. , There is also a big bear market in which the Cyprus stock market plummeted by 60%.

In particular, the stock market in Cyprus plummeted. After the subsequent debt crisis broke out, more and more people began to abandon the traditional financial industry. Favor also pushes its price to go bullish.

As for the current situation, the price of Bitcoin is lying at $2, which is the floor of the floor.

Bitcoin has come out of the shocking super bear market. No one would have thought that Bitcoin, which is now $2, has skyrocketed to a height of more than $1,000 in the past.

Although Merrill Lynch came out to support the platform, the market seems not to buy it, because everyone knows that Merrill Lynch stands guard on the top of the $1,000 universe, and was ridiculed by players in the currency circle for wanting to sing more to let others solve the problem?

Merrill wants to be beautiful?

...

Tuesday, February 28, afternoon.

When Tian Jiayi came back from the company, he also brought back Qunxing Capital's 2011 financial report.

At this moment, in the living room on the first floor of the villa, she is reporting to Fang Hong: "The company's annual revenue in 2011 was 1,121.573 billion yuan, a year-on-year increase of +117.49%, and its net profit was 358.903 billion yuan, a year-on-year increase of +89.57%. rate of 32%, the company's net profit rate is suppressed to the limit and cannot fall below 30%, unless it actively generates losses."

It is obviously impossible to take the initiative to lose money. The purpose of lowering the book net interest rate is to make a good profit statement.

It is worth mentioning that Qunxing Capital now has two ledgers, one is the open ledger and the other is the hidden ledger and it is internal. As for whether the financial statements have been falsified, of course there is not, it is just a ledger.

Obviously, what Tian Jiayi is reporting at this moment is a dark account, and it is also the most authentic account book of Qunxing Capital.

Tian Jiayi browsed the financial report and continued to report: "The company's net assets at the end of 2011 were 2,733.565 billion yuan, a year-on-year increase of +50.72%, total assets were 3,064.222 billion yuan, a year-on-year increase of +21.04%, and the debt scale was 330.657 billion yuan, a year-on-year increase of +24.68%. The company's debt ratio has dropped from 12.75% last year to 10.79%, and the liquid cash is 853.9 billion yuan, a year-on-year increase of +86.71%, and a month-on-month increase of +48.91%.

Fang Hong took the materials and browsed them in detail, and was very satisfied with the company's performance in 2011.

In the past year, the A-share market has been so crotchless. Others’ monkey market, Qunxing Capital is a bull market. There are two major breakthroughs in this annual report. One is that the company’s revenue exceeded the trillion mark in such a bad market environment last year. One is that the company's total assets exceeded the 3 trillion mark for the first time.

Although there are hundreds of billions of negative assets, negative assets are also assets.

...

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