Fang Hong sat in front of the computer and watched the market software display the closing price of the Shanghai Composite Index at 1723.35. After a long pause, he typed in the trading codes of several stocks, which were all the core asset targets of Big A. Seeing that they are now
The price is also very good.
The current A-share market has fallen out of an epic gold pit.
Mao Tiu cut down by more than -60%, and the current price is over 90 yuan per share; Wuliangye cut by half and then cut by half, and fell by more than -76%, and the current price is about 12 yuan per share; Fenjiu cut by half, then cut by half, and then again, and now
The price is about 10 yuan per share...
There are also Wanhua Chemical with a stock price of just over 8 yuan, Yili Shares with a stock price of more than 7 yuan, Ningbo Bank with a stock price of more than 6 yuan...
The current price of these core asset targets is simply the cabbage price among cabbage prices. After more than ten years of intervention, the return on investment will be dozens or even hundreds of times.
The return on investment is not the key. The return on investment achieved by Fang Hong in the past three months is even more exaggerated. Currently, the cumulative return on his securities account has reached .45%, which is an increase of 289 times in three months.
But what's the use?
The absolute total assets have not exceeded 14 million so far.
Doing short-term speculation is more of a "skill", while doing core assets is the "Tao". Those core assets can accommodate large funds, and the scale of funds is the focus, not the rate of return.
It can only accommodate 100,000 yuan of funds and achieve a return on investment of 289 times, with an absolute return of only 28.9 million yuan. However, it can accommodate a capital of 1 billion yuan and achieve a return on investment of 10 times, which is 10 billion.
28.9 million versus 10 billion, the answer is self-evident, absolute income and profit are the real deal.
Fang Hong looked at it for a while and then turned off the market software and shook his head to himself. It's hard for a clever woman to make a meal without rice.
…
Afternoon, Huayang Villa in Xinhewan District.
Hua Yu came to Hua Yongming's study with a piece of information and reported to him: "Father, we have sorted out Fang Hong's detailed information."
At this time, the head of the Huayang Group was writing calligraphy. The room was decorated in an antique style, and he did not look like the head of a capital group with tens of billions of assets.
Or “Confucian businessman” is the most appropriate way to describe Hua Yongming.
Upon seeing this, Hua Yu immediately stepped forward and took the brush from his father's hand, while Hua Yongming left the desk and casually said: "After more than 20 days of investigation, what have been found?"
After saying that, he came to the table next to him and sat down. While making tea for him, Hua Yu said: "Fang Hong, his birthday is September 1, 1988. He is twenty years old. He is currently studying in the Department of Computer Science of Xincheng University. He is a sophomore.
, family background is at the bottom of the working class..."
While Hua Yongming listened, Hua Yu continued: "Currently, Fang Hong and his five roommates Xu Jingren, Wang Ping, Sun Xin, Lou Gaoyuan, and Yuan Jie jointly founded an Internet company called Quantum Beat, which is currently online.
A social networking site is called Liangdong Weibo, which is somewhat similar to the Twitter social networking site in North America..."
"Joining an Internet company? It's interesting. Let's go on." Hua Yongming took a sip of tea, closed his eyes and rested with interest, and continued to listen.
Hua Yu nodded and said methodically: "Father, there is another discovery that surprised me, that is, the top-level design of several companies he established has very cleverly exploited loopholes in the provisions, and its design structure is not complicated.
But it’s so exquisite that even the chief lawyer of my group was full of praise and suggested that we can also adjust it according to its design.”
Hearing this, Hua Yongming opened his eyes and was slightly surprised: "Oh? How is it designed?"
Hua Yuxuan opened the materials he was about to bring, and after flipping through a few pages, he stopped. It was the data of several Fang Hong companies. It was not difficult for them to find these, but they were not omnipotent. Specific
The ownership structure of Huayang Group cannot be found. For example, it is not clear how many shares are held by specific shareholders, but only the basic information of several companies has been found.
Hua Yu said unhurriedly: "The logic of this entire company control system can be viewed from the top down. Fang Hong first established Hengxing, a one-person limited company, and then established Zhenxing and Shenxing respectively.
Two limited partnerships, and then Hengxing's corporate body served as the GP of these two limited partnerships, and then Qunxing Capital was established. The company was established as a joint venture holding company through Zhenxing and Shenxing as the main shareholders."
"According to our investigation data, Qunxing Investment Management Co., Ltd. should be the final target business company, because we found Qunxing Capital among the shareholders of Quantum Beating. The specific number of shares held is unknown."
"But judging from the known investigation data, Fang Hong not only achieved absolute control over the company through the layers of nesting in several companies, but also fully isolated his personal risks to a minimum. It has to be said that this set of
The design structure is very exquisite.”
At this time, Hua Yongming browsed the materials without saying a word. After a long time, he suddenly asked: "Are you sure you have checked his background clearly? Is it just a low-income family background?"
Logically speaking, this shouldn't be the case.
Hua Yu nodded affirmatively and said: "Father, I have also had doubts about this. According to common sense, he should not be from a low-income background, but after repeated confirmation, it is indeed the case. I think there are two possibilities, either this person's background is so big that
Even we can't find out, or this person is a genius with extraordinary talents, but I am more inclined to the latter, after all, it can make us completely confused. There are not many people in Xincheng with such a background."
Hearing his son's judgment, Hua Yongming also nodded, obviously he agreed with it.
Hua Yu added: "But father, I still have a doubt. Judging from Fang Hong's design ideas, he is very thoughtful, but what I don't understand is why the registration places of his companies are all in
What about onshore? Why not register offshore and adopt an overseas agreement to control the VIE structure?”
"Haha..." Hua Yongming laughed lightly, and then said: "The VIE structure seems very powerful, but don't forget that there has never been an explicit regulation in China that recognizes the VIE structure, and of course there is no explicit prohibition. The wonderful thing is
To blur this out, what if a document is issued in the future declaring VIE invalid?"
Hua Yu was also stunned for a moment when he heard what his father said.
Hua Yongming said to himself: "Since this person can design such a top-level structure, it means that he cannot not know the way of offshore registration and overseas agreement to control VIE. He knows it but does not use it. It cannot be ruled out that he has also seen this.
level, and choosing to go onshore means that you have made your position clear from the beginning and will not be a fence-sitter..."
Having said this, Hua Yongming was silent for a moment and slowly gave a five-character evaluation: "This person is not simple."
Hua Yu couldn't help being a little surprised when he heard this. He didn't expect that his father had such a high opinion of Fang Hong. There were not many such people. After thinking about it, he couldn't help but said: "Father, if it is really as you said,
In this way, if we want to recruit Fang Hong to the Huayang Group, I'm afraid..."
Hua Yongming said: "Such a person will not be willing to be inferior to others, nor will he remain inferior to others for a long time. However, this is only a preliminary judgment. It is too early to draw a final conclusion. We have to meet the real person before we can make a final conclusion.
Invite this young man over."
Fang Hong's initial judgment on Hua Yongming is that he is not a genius, but a rare talent.
