Rebirth: The Financial Giant

Chapter 128 [Tiansheng backdoor listing is imminent (guaranteed update 22)]

After reading the materials, Lu Ming nodded with satisfaction, and immediately said: Good job, basically covering the mainstream industries, let's move forward with the existing plan.

Among them, 45 new varieties are expected to raise 10 billion yuan, and the remaining 5 closed-end funds each raise a target fund of 2 billion yuan, all of which are planned to raise 20 billion yuan in this round of issuance.

The average non-closed-end fund is about 200 million yuan per variety. Too many funds are afraid of failure to raise, which is more difficult to do.

The base price is almost 200 million. At that time, the Tiansheng Value Growth Mixed Fund will be closed. Although it is impossible to let all the funds go to these 50 funds, as long as one third of the funds are passed, it will be a success. .

For these dozens of varieties, at least half of the funds will exceed 5 billion in the future, and the total size will exceed 120 billion. In addition to the existing fund varieties, the public offering products of Tiansheng Fund are expected to be in the next two years. The scale of more than 200 billion yuan will even be advanced.

According to the data at the end of last year, there were 21 fund companies with a scale of more than 100 billion yuan. Tiansheng Fund ranked 43rd last year with a total scale of 48.5 billion yuan, surpassing Haifutong Fund (47.4 billion yuan).

As of today, it has just been about its one-year anniversary, and Haifutong Fund has been established for 13 years.

In such a comparison, the growth rate of Tiansheng Fund is amazing, which can be called an inflationary soaring.

At the beginning of this year, everyone's life was generally difficult. The asset management scale of the entire industry fund shrunk by a huge 1 trillion yuan. Tiansheng Fund, as always, followed its own main rising wave upward trend and ignored the general environment.

Su Xiaoman picked up the materials that had been approved and stamped by Lu Ming and left the office. The latter also turned to the work computer to check some information.

What Lu Ming is reading is the 2015 annual financial report released by Anshi Group today.

The operating income of Anshi Group last year was 328.692 billion yuan, a year-on-year increase of 58.77 billion yuan, a year-on-year growth rate of 17.88%, and a net profit of 33.952 billion yuan, a year-on-year increase of 5.952 billion yuan, a year-on-year growth rate of 21.25%. 100 million.

At the same time, Anshi Group also issued a dividend distribution announcement, and the scale of dividends reached 16.868 billion. This is due to the latest agreed annual dividend payout ratio of not less than 48.85%. Anshi Group also issued almost 1 more than the minimum ratio. Percentage points are rare for the stingy An Qilong.

In this round of dividends, ex-rights and ex-dividends, Anshi's stock price will drop to a price of 58.93 yuan at the opening tomorrow.

Ex-rights after bonus shares or cash dividends are not special to Big A. All capital markets in the world are the same. This is a system that is fair to both parties.

This is not difficult to understand. For example, the closing price of a stock on the equity registration day is 30 yuan, and the dividend per share is 3 yuan, then the cost price of those who bought it late in the market will become 28 yuan. If the dividend is not removed, these people will be second The floating profit was +11% before the market, but these people did nothing but made a profit.

Therefore, after the opening of the market, these people will basically smash the arbitrage, knowing that the stock price has been smashed to around 27 yuan, so the ex-rights will be 27 yuan as the opening price to avoid these people from smashing the arbitrage, so that the transaction is fair for both parties.

It is worth mentioning that Anshi's shares once rushed to 80 yuan per share a year ago, with a total market value of more than 1.2 trillion yuan. When the market crashed in January this year, the stock price plunged along with the market, and the accumulated plummeted. With -36.25%, Anshi Group also quickly repurchased 300 million shares and cancelled them, and now the total share capital has dropped to 15.5 billion shares.

If time could be reversed, how good would it be to repurchase when the stock price was 15 yuan, and now it is a golden pit when the stock price falls below 50 yuan. Every time An Qilong thinks about it, he is angry with Lu Ming, his prospective son-in-law. , to say hate, this is a prospective son-in-law.

It's hard to say anything.

...

On Thursday, March 3, Anshi's bid opened 7 points higher, and closed the daily limit within five minutes of opening, with the stock price of 64.82 yuan.

The latest data shows that the number of institutional holdings of Anshi shares has reached 175, second only to Zhongxin Securities, ranking 6th in the number of institutional holdings among all listed companies in the Big A.

At present, Wuliangye has the largest number of institutions, with 199 institutions, followed by Maotai with 195 institutions.

The Anshi Group had been neglected by funds before, and the number of institutions held only 39. Since the end of the Antian War that broke out in the second half of last year, Lu Ming has directly become a favorite in the capital market.

Institutions got together and went to Anshi Group for research. After the sharp drop at the beginning of the year, the institutions increased their holdings as a whole, and 32 new institutions were added.

The current market consensus is that Anshi shares are the scarce assets, core assets and high-quality white horse stocks of Big A.

Public funds, social security funds, and Beishang capital institutions are all buying and buying.

The 16.8 billion dividends thrown out this year, the big A can hold down the five major banks and two barrels of oil, which is unparalleled among non-state-owned listed companies.

Tiansheng Capital does not count the part of the investor. Its own Anshi shares still hold 967 million shares, accounting for 6.238% of the total share capital. According to the market value after today's close, it is 60.75 billion yuan. A billion, don't be too fragrant.

This is the reason why institutions increase their positions. With the help of the sharp drop in January, institutional funds frantically hunted the bottom to pick up the meat-cutting plate of retail investors.

...

Friday, April 15.

This afternoon, people from more than 60 institutions, including Chaoyun Trust, Wanxiang Group, and Ningzhou Social Security Fund Administration, have gathered at the headquarters of Tiansheng Capital. Except for the big players such as Wanxiang Group and Social Security Fund, other institutions are mainly public funds. Institutions such as China Building Fund, E Fund and so on are listed.

This time, more than 60 institutions have gathered here to divide up the fixed increase of 45 billion yuan. We have already reached a gentleman's agreement with major institutions, and today we are going to sign a formal agreement.

In the hall of the company's conference room, Lu Minghuan looked at Wang Yue, Lin Qiang and other dozens of institutional people and said: Tiansheng Holdings' backdoor listing is confirmed to be resumption of trading on Wednesday, April 20, stock code 603230. We have determined the opening price of the resumption of trading after the restructuring as 3,000 yuan per share, the total share capital after the reorganization is 80 million shares, and this fixed increase raised 45 billion yuan.”

Everyone is not surprised about the scale of pricing and raised funds, because we already knew the news last year. This time, the fixed increase funds are like a specific group, that is, only for institutions. They all got the inside information early.

Lin Qiang, Chaoyun's vice president, smiled and said, Mr. Lu, shouldn't we put some new ingredients on this day? Although the twice-cooked pork is fragrant, it will make you tired if you eat too much.

However, the institutions present had to subscribe for a one-year ban before they could be lifted. This is a regulation of the exchange. In fact, Lu Ming didn't care about that.

For Tiansheng Capital, the only connection is that this round of fixed increase has obtained 45 billion yuan from the capital market and the network resources of these institutional shareholders.

The subsequent rise and fall of the company's stock price will not actually have any impact on the company itself. No matter how the stock price of Tiansheng Holdings goes after its resumption of trading and listing, it is the game of various funds in the secondary capital market that is bearish and bullish.

The tradable shares combined only account for 35% of the total share capital. The company's equity structure has been perfected, and it is impossible for external investors to take control of Tiansheng Capital from Lu Ming.

Lu Ming has absolute control over the company, whether it is the shareholders' meeting, the board of directors, the board of supervisors or the senior management, all of which are dominated by his people.

Tiansheng Capital Group adopts the design of a two-layer corporate structure. Tiansheng Holdings is only a shareholding platform, or even a leather bag company in a sense. The entities of the company are all subsidiaries under its jurisdiction.

It is actually difficult for such a company to be listed on the big A, but Tiansheng Capital has obviously succeeded.

Lu Ming is also a legal person of Tiansheng Holdings. Even if he holds 1% of the shares, he has firm control. Tiansheng Holdings went to the subsidiary to hold a shareholders meeting, and it was also his legal person.

As the master of Anshi Group last year, how could he leave a loophole for barbarians to invade in the top-level design of Tiansheng Capital?

At this moment, Lu Ming moved the conference microphone and said with a smile, New material, of course, and it is what you are most concerned about.

Having said that, Lu Ming opened the documents and files in front of him, and it was amazing that Tiansheng Capital's 2015 financial report and 2016 first quarter financial report, both financial reports were suppressed and not released to the public.

...

(Ps: The guarantee update is completed, the monthly ticket update is completed, the following is the first order 5 to be cashed, the debt is gradually being paid off, and the fundamentals are gradually reversed...)