Reborn Capital Empire
Chapter 618: Delong's Dilemma
Chapter 618 Delong's Dilemma
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"Someone sent it?"
Guo Shouyun looked at the jade next to him and replied.
"Send it? Who would be willing to give away such a good thing?"
Looking at Qiu Manyun's surprised look, "Do you know Tang Wanxin?"
"That Tang Wanxin from Delong?"
"Um!"
"You dare to take his things? Do you know that Delong can't protect himself now?"
"If you can accept it, you can retire naturally. But it seems that you know the situation of Delong very well, why don't you tell me?" Guo Shouyun said calmly.
After rolling his eyes, Qiu Man Yun said, "I'm in the jewelry business and have nothing to do with Delong. But good things don't go out, and bad things spread thousands of miles. Now Delong's Laosan alloy shares are close to the limit, and Hunan Torch and Tunhe shares are also down. After going two-thirds of the way, the entire Delong lost more than 14 billion Chinese coins in the stock market, and there is no end in sight. Moreover, I got inside information that Delong was suspected of illegal fundraising, which has alerted the central government. Tang Wanxin is afraid this time. It is doomed!"
"So, I really can't keep this piece of jade!" Guo Shouyun nodded after pondering for a while.
"If you really want to stay, you can take over Delong's mess. Don't say one piece of jade, even ten pieces of jade, Tang Wanxin will give it to you too!"
Guo Shouyun smiled, "What do I want?"
"Give!"
Qiu Manyun opened his handbag and took out two household registration books. While Guo Shouyun took it over and looked at it, "Only the names of Ji Hong, Ji Zheng and their two children are on it, not yours. Of course, if you don't mind committing bigamy, I can also find someone to add you!"
Guo Shouyun looked at it and nodded. He doesn't mind whether he has himself on it, the key is this thing.
"Thank you!"
"For the sake of these two books, I have given up a lot of human favors. You just want to reveal the three words with white teeth, but that's not good!"
"what do you want?"
Qiu Manyun's eyes rolled, "I haven't thought about it yet, I'll tell you when I think about it. Okay, I'm going to eat, I haven't eaten breakfast today!"
Seeing her slender figure go away, Guo Shouyun couldn't help but smile. After a long time of contact, he found that Qiu Manyun didn't seem to be as annoying as before.
"Boss, do you need to put away this jade material?" Matthew asked.
Looking at the jade in the garage, although he hadn't made up his mind to collect it or not, it was worth tens of millions after all, and he really couldn't just put it away.
"Find a few people and put it in the basement storage room."
"Yes!"
After explaining Matthew, Guo Shouyun returned to the study.
"Boss, this is the information about Delong Group obtained through our relationship in Huaxia."
As soon as Guo Shouyun sat down, Wang Jue and Wu Xiaojing each walked in with a large pile of documents.
"Let it go!"
After the two women placed the documents neatly next to Guo Shouyun's desk, they quietly left. The rest of the time was nothing but the sound of flipping pages.
If you read hundreds of pages of information word by word, you won't be able to read it in a few days. I can only pick the key points, this is enough for Guo Shouyun.
After reading all the information in the afternoon, and then sorting it out in his mind, he had a general understanding of Delong's situation.
Speaking of which, the development process of Delong is also the development process of most domestic consortiums. The so-called Wanxiang Department, Tomorrow Department, Chinese Science Department and other thirteen major consortiums, or other large and small anonymous consortiums, but all enterprises that have come from the era of rough economy after China's reform and opening up are more or less virtuous. Long characteristics. It's just that they are in different situations for different reasons.
Taking Delong Group as an example, after Taizong's speech in the south, there was a wave of accelerated reforms across the country, and the Huaxia stock market experienced a blowout. In August of the same year, the Pengcheng Stock Exchange announced the issuance of 500 million domestic public shares, offering 5 million lottery sheets, with a winning rate of 10. Each winning sheet can subscribe for 1,000 shares.
Tang Wanxin, who had tried his luck in Haikou and Pengcheng, was keenly aware of the opportunity, so he took out all his savings, and with the temptation of 50 yuan per day for labor, organized 5,000 people to line up for him in Pengcheng to subscribe for the lottery form. . At that time, 1.5 million people poured into Pengcheng, and Tang Wanxin's team was the largest among them.
There is no doubt that these 5,000 subscription forms made him a huge profit, and then he relied on the reselling of the original shares and internal employee shares of state-owned enterprises, as well as the reverse repurchase of national debt, and accumulated a huge original amount of more than 300 million Chinese coins. capital.
The stock market and finance are the foundation of Tang Wanxin's rise, and it also makes him fully aware that this is a place where "money is fast" and low cost. As the saying goes, "Blessed and fortune depend on, and fortune and misfortune lie in", the stock market and finance that once established his rise have also become the bane of Delong and Tang Wanxin's demise.
There are many reasons why China's capital market has been repeatedly criticized. One of them is the setting of corporate equity. Different from the setting form of foreign common shares and preferred shares, domestically listed companies, especially the original state-owned enterprises, have state-owned shares, legal person shares and public shares. Generally speaking, state-owned shares and legal person shares are not allowed to be listed and traded. The number of state-owned shares and legal person shares often account for 70% of the total share capital of enterprises. This leaves room for shady deals.
Those with connections and connections can buy enough state-owned shares and legal person shares at prices far below the market price to completely control a large company.
In the 1990s, this was a common phenomenon in China's capital market. This carve up feast has made countless people with courage and connections to become new rich people.
Tang Wanxin is the top one among these people.
Through the low-cost acquisition of state-owned shares and legal person shares, Tang Wanxin's Delong became the largest shareholder of the three listed companies of Xin-Jiangtunhe, Shen-Yang Alloy and Hunan Torch, and completely controlled the management and operation of the three companies.
Speaking of which, Tang Wanxin is also a capable person in industrial management. Before his acquisition, Xinjiang Tunhe, Shenyang Alloy and Hunan Torch were all traditional state-owned enterprises with outdated management and aging industries.
But after Tang Wanxin's acquisition, he not only carried out a comprehensive reorganization of the industry, but also spent money to hire McKinsey, Kearney and other international professional consulting companies to provide consulting for enterprises in the growth of professional managers, strategic design, and management reform, and to transform them from '' An enterprise that cannot even receive an accurate financial statement, has ideas but no rules, has transformed into a modern company with standardized management and vigor.
Even though Delong is now on the verge of destruction, Xin~Jiangtunhe, Shen~yang Alloy and Hunan Torch still belong to the category of high-quality companies because of their clear industrial structure and good benefits.
Because Tang Wanxin's integration of the three companies has been very successful, the outside world has always rated him very highly. And these three high-quality companies have become his best financing platform.
Through the continuous release of merger and acquisition announcements, Delong Zuozhuang continued to drive up the stock prices of Xin~Jiangtunhe, Shen~yang alloy and Hunan Torch. From 1996 to 2001, the share price of Xiang Torch rose from 76 yuan to 85 yuan, an increase of 1100 ; Shen~yang alloy US stocks rose from 12 yuan to 186 yuan, an increase of 1500; Xin~jiangtunhe rose from 118 yuan per share to 127 yuan, an increase of 1100.
Within five years, one dealer controlled 3 stocks, all of which rose more than 10 times. Delong completely established his reputation as the No.
Because Delong once invested 10 million US dollars in 1998 to purchase the retired flagship aircraft carrier Minsk of the former Soviet Pacific Fleet and built the world's first theme park with an aircraft carrier as the main body, Delong also has a 'Chinese private enterprise aircraft carrier' Of course, this is mostly the self-proclaimed name of the Tang brothers.
Of course, it's not easy to grow three stocks tenfold in five years, even if it's your own company. Tang Wanxin thought of two ways for this. First, through the acquisition of trusts, securities, insurance, to attract funds from the community. Second, take shares in commercial banks and obtain loans from banks.
According to the information Guo Shouyun has seen, Tang Wanxin has acquired and combined more than 20 financial companies within a few years, especially Jinxin Trust, which has raised tens of billions of funds for Tang Wanxin.
The Tanzhou Commercial Bank and Kunming Commercial Bank, which he participated in, also provided him with loans of nearly 10 billion yuan, but unfortunately most of them were short-term loans, which also laid the root of Delong's collapse.
It is impossible for tens of billions of funds to hype only three companies, Xin~jiangtunhe~www.wuxiaspot.com~Shen~yang alloy and Hunan Torch. So later there were Delong's "new three shares", three listed companies in Beijing Zhongyan, Shancheng Industry and Tianshan. Delong has also become the consortium enterprise with the most listed companies in the Huaxia Capital Market.
It's a pity that the return period of industrial investment is too long, relying solely on speculation, stock prices without industrial support are like castles in the air. Moreover, the public and investors are not all fools. When Jinxin Trust had a run-off crisis in 2001, even if Delong proposed to set up Delong Agricultural Supermarket Company, it would invest 10 billion in 5 years and invest in ten major agricultural provinces. Set up a distribution network of 10,000 agricultural supermarkets; invest 6-10 billion to build Hunan Torch into the largest heavy-duty vehicle empire in China; establish Delong Animal Husbandry Investment Co., Ltd. with an investment of 2.5 billion to develop the vast natural pastures in the Western Regions and build the Tianshan Mountains The three major industrial bases of North Slope, Ili River Valley, and Southern Xinjiang Oasis have become the largest leading dairy enterprise in China; Delong Tourism Group is established, and it is envisaged to integrate resources such as the Pengcheng Minsk Project, Kanas Lake in the Western Regions, and Turpan Grape Valley. , becoming the tourist aircraft carrier with the most scenic resources in China, etc., a series of big plans have been thrown out, but they still cannot stop Delong's decline.
Up to now, this private enterprise aircraft carrier, which claims to have assets of 120 billion Huaxia coins, has more than 500 enterprises and 300,000 employees, and involves more than 20 fields, is already terminally ill, and it is almost impossible to recover.
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