Chapter 274 Internal Subscription
After the market opened on Monday, the education sector surged.
For the market, there is never a shortage of funds, it just lacks an opportunity for funds to enter the market.
Li Yuan's concept stocks are not really great, but they are popular enough that everyone is willing to play.
So it appeared...
Even Song's shares rose by three points.
Leftover rice can also be eaten stir-fried.
Shu Yanlin became a popular figure in school. With the title of Li Yuan's girlfriend, she was very dazzling in school, college, major, and even in class and dormitory.
Someone also found out that Li Yuan donated 100 million to Jiangzhou Institute of Technology, which linked Shu Yanlin's transfer to another school.
Shu Yanlin even received invitations from several universities, asking if she would like to transfer to their school.
You can choose any major, even a topic, and you can get all kinds of benefits.
Who doesn’t want to have something to do with Li Yuan, the richest man?
What the education sector lacks most is money.
Although a lot of money is invested every year, there is not enough money for the monks, and some good schools can only get very little money throughout the year.
Time moves forward little by little.
In mid-September, Oriental Lithium Energy went on the market.
This company, with a net profit of nearly 1 billion a year, went public to raise 6 billion, soared 44% on the opening day, and its market value reached 41.3 billion.
After Li Yuan saw this news, he knew that it must be Wen Yuxian who took the lead.
Because he had the impression that Oriental Lithium would not be listed on the market for two years, so he missed the market perfectly, and ended up becoming a scapegoat in the falling market.
However, there were no major incidents in Oriental Lithium Energy. For example, they did not provide securities dealers with chips, so they naturally did not have the securities lending function, so they would not be hacked by others after being listed.
Besides, with Wen Yuxian here, there won't be any big problems.
He had never heard of Wen Yuxian in his previous life, so he most likely failed in the A-share market.
In fact, he felt that Wen Yuxian was still very strong, but there was a slight mismatch between his ability and his ideas, and his control over large funds was not particularly strong.
Li Yuan himself did not dare to say that he could truly control large amounts of money. He never slacked off for a second in the trading process.
Over the past year or so, he has been slowly adapting to the rhythm of big money and has been learning.
Next, he will inevitably face hundreds of billions of funds and hundreds of stocks.
It's hard to make a profit.
Just like some things, the bigger they are, the harder it is to build.
Some things are harder the smaller they are.
When trading large amounts of money, you need to do both to the extreme to make money.
To make big money work, you also need to grasp the details of the process.
His chat record with Wen Yuxian was fixed on his birthday.
Putting aside the birthday, there was no contact for several months.
The listing of Oriental Lithium Energy is a signal that Wen Yuxian's capital will definitely appear in October.
He doesn't have any friends in the financial market yet. It's just that he hasn't been in the A-shares during this period, and all his enemies have gone dormant.
For example, Shangyuan Capital, which had some grievances last year, and some private equity firms in Jiangzhou.
There is also Lao Wang, who made his first pot of gold through review and later formed a private equity team.
They are all waiting for me to enter the venue, and then fuck myself down openly.
It's a pity that they have no idea how much power Li Yuan has accumulated.
They are no longer qualified to compete with Li Yuan.
Qingtian Capital just looks weak.
At the end of September, the IPO of Qingtian Capital was approved, and at the same time, the stock rights issue plan for Basic Mining was also released.
Allotment of shares will be carried out at a ratio of 2:1 to the fund's holdings. If one million Qingtian mixed small and medium-cap positions are held, stocks worth half a million will be allocated.
This data has been collected long ago, and subsequent positions are not included. They are only calculated for the week before the last announcement was issued.
Therefore, the capital of Qingtian Mixed Small and Medium Caps did not increase much in the future, and the scale is still more than 8 billion.
Qingtian Capital will be listed on the main board on November 13, with an opening price of 1.5 yuan.
The total market value is 150 billion, which means that the total share capital of Qingtian Capital has reached 100 billion shares.
This is a very scary number, and it was decided by Li Yuan himself.
Tang Jianjun did not agree at first, because only the four major banks and Petroleum Corporation have A-share capital of more than 100 billion shares. Even BOE, which is known as a concentration camp for retail investors, only has more than 30 billion shares.
Li Yuan's request made it clear that big funds should not participate.
Because low-priced stocks mean that there are many retail investors who can participate, and you can buy one lot for 150 yuan, which means there is no threshold.
Retail investors have a lot of votes, and other funds are not very willing to deal with it, and they don't even think about any good market trends on weekdays.
But compared to Li Yuan's strength, this small request was really nothing to Tang Jianjun, and he finally agreed.
In fact, in Tang Jianjun's view, Li Yuan could set a high price.
Like two hundred dollars.
In the future, with the growth of Qingtian Capital, the stock price will rise to 2,000, 20,000...
Walk the old path of the Western stock god.
One share of Berkshire’s shares costs hundreds of thousands of dollars.
Only in this way can the name of the stock god be firmly established.
Tang Jianjun really didn't know what Li Yuan was thinking.
When the price of 1.5 yuan was announced, Li Yuan's fans stopped laughing, while Li Yuan's anti-fans laughed.
"One dollar and a half? Are you kidding? With just a few fluctuations, wouldn't it drop to less than one dollar?"
"As we all know, when a stock is ST-listed and its stock price falls below one dollar, it will be forcibly delisted."
"Isn't it? Is this the stock god of our country? He really doesn't take his own face seriously at all. To be honest, I feel a little embarrassed!"
"It's clear that I want to cash out and leave. I set such a low price just to facilitate speculation. Why is Qingtian Capital worth 150 billion? Is it just based on the profit they made last year? No one else has made money from Qingtian Group That’s a lot of change!”
"Li Yuan is transferring wealth. Obviously the profits belong to Qingtian Capital, but he just set up Qingtian Group, took away most of the profits, and even listed a shell company!"
"Hasn't Qingtian Capital not been in operation for more than three years? How did it get listed? Didn't it care about the process?"
"It's bad, Li Yuan is related and has a strong background."
"Didn't you say that Li Yuan comes from an ordinary family?"
"They're all lies to you novices. How can anyone with ordinary background in the world be able to do this? Now it's clear that he will join hands with the masters to harvest retail investors. Look at the equity structure of Qingtian Capital. Li Yuan doesn't even have 45 in his hand. It’s even less than %, it’s a complete lie!”
Li Yuan really didn't have many shares in his hands. He gave 20% to Tang Jianjun, 10% from the IPO, 5% from the allotment to Ji Min, and 10% from Lianhua Trust. After all, the total amount of Qingtian Group's shares That means holding 55%
However, Li Yuanming only holds 80% of the shares of Qingtian Group, which means that he only holds 44% of the shares of Qingtian Capital.
With the lifting of the ban, Li Yuan will further reduce his shareholding ratio, because Qingtian Capital is originally a means for him to distribute wealth. If he takes so many shares, who will they be distributed to?
Meng Jianguo didn't quite understand why Li Yuan did this, but he just came to the company and didn't want to express any opinions yet.
After all, Qingtian Capital collapsed in his hands and rose in Li Yuan's hands. This is Li Yuan's ability.
If he doesn't understand any decision he makes, it means he is not at Li Yuan's level.
Today he was called to the company by Li Yuan. Li Yuan said: "Mr. Meng, please draw up a contract. I will personally take out 5% of Qingtian Capital's stock dividend rights, a total of 5 billion shares, and subscribe from within the company. One share per share. After subscription, annual dividends will be credited into the account. The individual subscription limit for employees before March this year is 1 million shares. The individual subscription limit for employees who joined after March this year is 300,000 shares. The upper limit for management is 5 million shares. share."
Meng Jianguo's heart skipped a beat when he heard this.
Hey guys, internal subscription?
He asked tentatively: "Boss, is it a compulsory allocation?"
"Voluntary subscription is just this opportunity. If you want to subscribe again, it will take five years. By the way, after you leave your job, you can still hold it for up to three years, and the company will repurchase it at the original price."
"Okay, I'll make arrangements right now."
After Meng Jianguo left the office, he immediately contacted Yu Yue.
This matter was still a little too unfamiliar to him.
Generally speaking, internal subscription within a company is not a good thing.
Except for the birch kind, of course.
The company is not listed on the market, but gives employees a certain quota based on their years of service and level.
They cost ten yuan per share, and ordinary employees can only buy up to 10,000 shares when their seniority expires, which is one hundred thousand yuan.
On average, about 20,000 yuan can be received every year. When you no longer want it, you can sell it to the company at the original price, which is equivalent to depositing a fixed term with high interest.
But Li Yuan is completely different this time. The price is lower than the stock price, and the standard is based on stock dividends.
The amount of dividends paid by the stock will be the amount of dividends paid by the shares subscribed.
And it didn’t specifically mention the buyback, but only said it would automatically buy back three years after leaving the company.
If you want to sell those who have not resigned, will the company not want them?
Soon, he got on the phone with Yu Yue.
"Mr. Yu, the boss told me something, and I don't know what to do with it."
"How to say?"
"It's like this. The boss has taken out 5% of the stock dividend rights and plans to transfer it to the company's employees, allowing them to subscribe at a price of one yuan per share."
"Huh? Forced?"
"The boss said it's not mandatory."
"Then what else is there to say? Just do as you are told... By the way, I also have a share, right?"
"Yes, the boss has decided that the management's share will not exceed five million."
"Oh, then fill up my share! I'll go back and sell the house right away!"
"What! Mr. Yu, are you too anxious?"
"Haha, how can we not be anxious about the boss handing out benefits? What if all the shares are robbed?"
Meng Jianguo felt very complicated.
Can this also be snatched up?
It seems a bit unreliable no matter what.
Most of the company's employees are in finance and are very familiar with this routine.
Many companies allow internal employees to subscribe for stocks. For example, the most famous company, Dongfang Yuhong, allowed its employees to subscribe for 1.5 billion internally some time ago.
The results of it? Since the subscription, the stock price has been falling.
Li Yuan's promise of dividends was indeed true, but how much dividends could Qingtian Capital pay?
Even though the holding cost is much lower than that of stocks, it is still equivalent to a market value of 100 billion.
Because Qingtian Capital has the support of management fees from QDII funds, it can earn several billions a year. If this support is gone, it will be difficult for the company to earn one billion a year.
If you take it all out and distribute it as dividends, it will only be a penny.
The interest on deposits in the bank is more than that.
If Qingtian Group comes forward and wants to pay dividends, that's okay.
Because it is easy for Qingtian Group to earn 20 to 30 billion a year. Li Yuan only needs to liquidate QDII funds twice.
One time is a profit of 167 billion, two times is more than 30 billion.
In this process, Qingtian Capital only earned more than a billion in management fees.
He is very sad.
As the vice president of the company, Yu Yue no longer cares about things here. Sooner or later he will become a positive person.
So in this matter, whether he likes it or not, he has to subscribe to a part as an example.
Think about it carefully, you have only earned a month's salary, and you have to spend five million?
Pay to work?
If the company can sustain for three years, he can earn the five million with his salary.
After all, his annual salary of more than two million yuan needs to be paid in taxes, so he only gets 16.7 million yuan.
He found Guo Meng again.
"Manager Guo, the boss has provided an employee benefit. You can subscribe for the dividend rights of one stock at the price of one yuan. The management can subscribe for up to five million shares. Take a look..."
When Guo Meng heard this, he frowned and thought for a while.
In Meng Jianguo's view, Guo Meng must be more sensitive. After all, she is fighting on the front line of finance and has to operate every day.
Even she has to think about it, which shows that this matter is really unreliable.
If it was really a good thing, Guo Meng would have agreed long ago.
"Did you say the deadline? When will you pay?"
Guo Meng asked.
"This is not the case, but it should be before the company goes public. There is still more than a month."
"Well, that's okay, I'll take all five million shares."
"What!"
"Well, I don't have that much money now, so I need some time to prepare."
Guo Meng's family is not rich, but they still have a house.
Adding her salary last year, the one million grievance award, and this year's salary, if you add in her parents' house, she can barely make up five million.
Her salary is not particularly high, so the tax rate is not too high. She doesn't spend much money on weekdays, and she already has more than two million in her hand.
Meng Jianguo didn't expect Guo Meng to be so decisive and forceful even if he didn't have any money?
He asked with a smile: "Manager Guo, why are you and Mr. Yu so enthusiastic about this matter? On the surface, internal subscription is not good news, right?"
Guo Meng said: "Mr. Li is giving money to everyone."
"How can this be seen?"
Meng Jianguo didn't expect that Guo Meng and Yu Yue said the same thing.
Guo Meng smiled and said, "I guessed it."
Meng Jianguo: "..."
This damn atmosphere costs millions, guess what?
Guo Meng and Yu Yue worshiped Li Yuan to the core. No matter what Li Yuan did, they wouldn't think too much about it and just followed him.
But myself...
Sigh... I hope Qingtian Capital can persist for a few more years and at least earn back the five million through salary. (End of chapter)