Chapter 274 Internal Subscription
After opening on Monday, the education sector surged.
For the market, there is never a shortage of funds, but what is lacking is an opportunity for the funds to enter.
Li Yuan’s concept stocks are not really great, but they are hot enough and everyone is willing to play with them.
So there it is...
Even Song’s shares rose by three points.
Leftover rice can also be eaten by stir-frying.
Shu Yanlin became a celebrity in school. With the title of Li Yuan's girlfriend, she was very dazzling in the school, college, major, and even in the class and dormitory.
Some people also dug up the fact that Li Yuan donated 100 million yuan to Jiangzhou University of Technology and linked it to Shu Yanlin's transfer to other schools.
Shu Yanlin even received invitations from several universities asking her if she would like to transfer to their schools.
You can choose any major and even any subject you want, and all kinds of benefits are fully available.
Who doesn’t want to have some connection with Li Yuan, the richest man in China?
What the education sector lacks most is money.
Although a lot of money is invested every year, there are too many people and too little money. Some good schools don’t even get much money throughout the year.
Time is moving forward little by little.
In mid-September, Oriental Lithium Energy went public.
This company, which has an annual net profit of nearly 1 billion yuan, raised 6 billion yuan through its IPO and saw its stock price surge 44% on the opening day, with a market value of 41.3 billion yuan.
After Li Yuan saw this message, he knew it must have been led by Wen Yuxian.
Because he had the impression that Oriental Lithium Energy would not be listed for another two years, he missed the market opportunity completely and ended up being the scapegoat in the falling market.
However, Oriental Lithium Energy did not encounter any major accidents. For example, they did not give chips to the securities firm, so naturally there was no short selling function, and it would not be messed up after listing.
Besides, with Wen Yuxian around, there wouldn't be any major problems.
He had never heard of Wen Yuxian's name in his previous life, and it was likely that she had failed in the A-share market.
In fact, he felt that Wen Yuxian was still very strong, but there was a slight mismatch between her abilities and her ideas, and she did not have particularly strong control .
Li Yuan himself did not dare to say that he could truly control large amounts of funds. During the trading process, he never slacked off for even a second.
Over the past year, he has been slowly adapting to the rhythm of big money and has been learning.
He will inevitably face hundreds of billions of funds and hundreds of stocks.
It is difficult to make a profit.
It’s like some things, the bigger they are, the harder they are to build.
Some things are harder the smaller they are.
To manage large funds, you need to do both to the extreme in order to make money.
In order to get large funds moving, you also have to grasp the details of the process.
His chat history with Wen Yuxian was frozen on his birthday.
Apart from the birthday, we hadn’t been in touch for several months.
The listing of Oriental Lithium Energy is a signal that Wen Yuxian’s capital will definitely appear in October.
He currently has no friends in the financial market. It’s simply because he has not been investing in A-shares for some time, and all his enemies have gone dormant.
For example, Shangyuan Capital, which had a grudge last year, and some private equity firms in Jiangzhou.
There is also Lao Wang, who made his first pot of gold by reviewing market performance and later formed a private equity team.
They are all waiting for me to enter and then knock me down openly.
Unfortunately, they had no idea how much power Li Yuan had accumulated.
They are no longer qualified to compete with Li Yuan.
Kingkong Capital just looks weak.
At the end of September, Kingkong Capital’s IPO was approved, and at the same time, the investor rights allotment plan was also released.
The shares will be allocated at a ratio of 2:1 with respect to fund holdings. If a fund holds one million of the Sky Hybrid Small and Medium Cap Fund, it will allocate shares worth five hundred thousand.
This data has been collected long ago and does not include subsequent holdings. It only counts the week before the last announcement was issued.
Therefore, the capital of the Qingtian Mixed Small and Medium Cap Fund did not increase much subsequently, and its scale is still more than 8 billion.
Kingkong Capital will be listed on the main board on November 13, with an opening price of 1.5 yuan.
The total market value of 150 billion means that the total share capital of Kingkong Capital has reached 100 billion shares.
This is a very scary number, which was decided by Li Yuan himself.
Tang Jianjun did not agree at first, because only the four major banks and the oil company have A-share capital exceeding 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 clearly stated that he wanted to prevent big funds from participating.
Because low-priced stocks mean that there are many retail investors who can participate, and one can buy one share for one hundred and fifty yuan, which is equivalent to no threshold.
Other funds are reluctant to pay attention to stocks that are in huge demand among retail investors, and don’t even think about seeing good market conditions on weekdays.
But compared with Li Yuan's strength, this small request was really nothing to Tang Jianjun, and he finally agreed.
In fact, in Tang Jianjun's opinion, Li Yuan could have set a high price.
For example, two hundred yuan.
In the future, as Sky Capital grows, the stock price will rise to two thousand, twenty thousand...
Follow the old path of that Western stock god.
One share of Berkshire Hathaway costs hundreds of thousands of dollars.
Only in this way can the title of stock god be completely 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, but Li Yuan’s haters did.
"One dollar and a half? Are you kidding? Wouldn't it fall to less than one dollar after a few fluctuations?"
"As we all know, when a stock is delisted and its share price falls below one yuan, it will be forced to delist."
"No way? This is our country's stock god? He really doesn't take his reputation seriously at all. To be honest, I feel a little embarrassed!"
"It's obvious that they want to cash out and leave. They set such a low price just to facilitate speculation. Why is Sky Capital worth 150 billion? Is it just based on their profit last year? It's not even a fraction of what Sky Group made!"
"Li Yuan is just transferring wealth. Clearly, all the profits belong to Sky Capital, but he set up Sky Group and took away most of the profits. He also listed a shell company!"
"Hasn't KingSky Capital been in operation for more than three years? How did it go public? Did they ignore the procedures?"
"Oh, Li Yuan has connections and a strong background."
"Didn't they say Li Yuan came ?"
"They are all deceiving you newbies. How can an ordinary person achieve this? Now it is obvious that they are teaming up with the masters to reap the retail investors. Look at the equity structure of Sky Capital. Li Yuan holds less than 45%. It's a complete rip-off!"
Li Yuan really didn't have many shares left. He gave 20% to Tang Jianjun, 10% to the IPO, 5% to investors, and 10% to Lotus Trust. With this calculation, Qingtian Group only held 55% in total.
However, Li Yuanming of Qingtian Group only holds 80% of the shares, which means that he only holds 44% of Qingtian Capital's shares.
With the lifting of the ban, Li Yuan will further reduce his shareholding ratio, because Kingkong Capital was originally a means for him to distribute wealth. If he takes so many shares himself, who will he distribute them to?
Meng Jianguo didn't quite understand why Li Yuan did this, but he had just arrived at the company and didn't want to express any opinions.
After all, Qingtian Capital collapsed in his hands and rose again in Li Yuan's hands. This is Li Yuan's ability.
If you don't understand any decision he makes, it means you are 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 the stock dividend rights of KingSky Capital, a total of 5 billion shares, and subscribe from within the company, one dollar per share. After the subscription, the annual dividend will be deposited into the account. The maximum individual subscription limit for employees before March this year is 1 million shares, and the maximum individual subscription limit for employees who joined after March this year is 300,000 shares. The maximum limit for management is 5 million shares."
When Meng Jianguo heard this, his heart skipped a beat.
Wow, internal subscription?
He asked tentatively: "Boss, is it compulsory?"
"It's a voluntary subscription, and this is the only chance. If you want to subscribe again, you have to wait five years. By the way, after you leave, you can still hold it for a maximum of three years, and the company will buy it back at the original price."
"Okay, I'll arrange it right away."
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.
Of course, except for the birch kind.
They are not listed, but they give a certain amount of money to employees based on their years of service and level.
The price is ten yuan per share. When ordinary employees reach the end of their term, they can only buy a maximum of 10,000 shares, which is 100,000 yuan.
On average, you can receive about 20,000 yuan every year. When you don’t want it anymore, you can sell it to the company at the original price, which is equivalent to a fixed deposit with very high interest.
But Li Yuan's deal this time is completely different. The price is lower than the stock pricing, and the standard is also based on stock dividends.
The amount of dividends paid on the stock is the same as the amount of dividends paid on the subscribed shares.
And it didn’t say anything specific about the repurchase, it just said that it would be automatically repurchased three years after leaving the company.
If those who haven't resigned want to sell the company, does that mean the company no longer wants it?
Soon, he got a call with Yu Yue.
"Boss Yu, the boss has told me something, but I'm not sure what to do."
"What do you mean?"
"It's like this. The boss is going to give 5% of the stock dividend rights to the company's employees, allowing them to subscribe for one dollar per share."
"Hmm? Mandatory?"
"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 my share! I'll go back and sell the house right away!"
"What! Mr. Yu, are you a little too anxious?"
"Haha, how can I not be anxious when the boss is distributing benefits? What if all the shares are taken away?"
Meng Jianguo felt very complicated.
Can this be snatched away?
It seems a bit unreliable anyway.
Most of the company's employees are in the financial industry and are very familiar with this kind of routine.
Many companies allow their internal employees to subscribe to stocks. For example, the most famous one, Oriental Yuhong, allowed its employees to subscribe for 1.5 billion shares some time ago.
The result? Since the subscription, the stock price has been falling.
It is true that Li Yuan did promise dividends, but how much dividends can Kingkong Capital pay?
Even though the holding cost is much lower than stocks, it is still equivalent to a market value of 100 billion.
Because of the support of the management fees of QDII funds, Kingkong Capital only earns a few billion a year. If this support is gone, it will be difficult for the company to earn one billion a year.
If all of it was distributed as dividends, it would only be one point.
The interest you get from depositing money in the bank is more than this.
If the Qingtian Group came forward and said it wanted to distribute dividends, that would be fine.
Because it is easy for Qingtian Group to earn 20 to 30 billion yuan a year, it is enough for Li Yuan to liquidate the QDII fund twice.
The profit would be 16 or 17 billion if it happens once, and more than 30 billion if it happens twice.
During this process, Kingkong Capital only earned a few billion in management fees.
He is very worried.
As the vice president of the company, Yu Yue is no longer in charge of things here. He will become a regular sooner or later.
So in this matter, whether he was willing or not, he had to subscribe to a part of it as an example.
Think about it carefully, you only earn one month's salary, and you have to take out five million?
Paid work?
If the company can hold on for three years, he can earn the five million with his salary.
After all, he has to pay taxes on his annual salary of more than two million, and he only gets one or six hundred thousand to one or seven hundred thousand.
He found Guo Meng again.
"Manager Guo, the boss has given employees a benefit. They can subscribe to a share of stock for one yuan, and the management can subscribe to a maximum of 5 million shares. Take a look..."
When Guo Meng heard this, he frowned and thought for a while.
In Meng Jianguo's opinion, Guo Meng must be more sensitive. After all, she is fighting on the front line of finance and has to trade 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 to it long ago.
"Is there a deadline? When do I have to pay?"
Guo Meng asked.
"That's not the case, but it should be before the company goes public, which is more than a month away."
"Well, fine then. I'll take all my five million shares."
"What!"
"Well, I don't have that much money right now, so I need some time to prepare."
Guo Meng's family is not rich, but they have a house.
Add to that her salary last year, the one million yuan compensation, and this year's salary, and if you add her parents' house, she can barely make up five million yuan.
Her salary is not particularly high, so the tax rate is not too high. She doesn't spend much money on weekdays, so she already has more than two million in her hands.
Meng Jianguo didn't expect Guo Meng to be so straightforward and decisive. He was going to go for it even though he had no money?
He asked with a smile: "Manager Guo, why are you and CEO Yu so enthusiastic about this matter? On the surface, internal subscription is not good news, right?"
Guo Meng said: "Boss Li is distributing money to everyone."
"How do you know that?"
Meng Jianguo didn't expect that Guo Meng and Yu Yue would say the same thing.
Guo Meng smiled and said, "I guessed."
Meng Jianguo: “…”
What a damn atmosphere, this is worth millions, is that a guess?
Guo Meng and Yu Yue simply admire Li Yuan to the core. No matter what Li Yuan does, they don't think much about it and just follow him.
But I...
Alas... I hope that Kingkong Capital can last a few more years, at least I can earn back the five million through salaries.
