Chapter 126 [Tiansheng backdoor listing is imminent (guaranteed 2/2)]
After reading the materials, Lu Ming nodded with satisfaction and said immediately: "Good job. It basically covers the mainstream industries. Let's move forward with the current plan."
Among them, 45 new funds are expected to raise 10 billion yuan, and the remaining 5 closed-end funds each raise target funds of 2 billion yuan. In total, this round of issuance plans to raise 20 billion yuan.
The average non-closed-end fund is about 200 million yuan per type. If there are too many funds, it will be difficult to raise funds for fear of failure.
The basic fund is 200 million, which is about the same. When the time comes, the Tiansheng Value Growth Hybrid Fund will be closed. Although it is impossible for all the funds to go into these 50 funds, as long as it reaches one-third, it will be successful.
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Among these dozens of varieties, at least half of the funds will exceed 5 billion in the future, and the total scale will exceed 120 billion. Together with the existing fund varieties, Tiansheng Fund’s public offering products are expected to grow in the next two years.
The scale will exceed 200 billion yuan, and it will even be ahead of schedule.
According to 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 one year anniversary, and Haiweitong Fund has been established for 13 years.
Such a comparison shows that the growth rate of Tiansheng Fund is astonishing and can be described as an expansionary surge.
At the beginning of this year, life was generally difficult for everyone. The asset management scale of funds in the entire industry shrank by a huge 1 trillion yuan. Tiansheng Fund continued to follow its own "main rise" 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 his work computer to check some information.
What Lu Ming is looking at is the 2015 financial report information released by Anshi Group today.
Last year, Anshi Group's operating income was 328.692 billion yuan, a year-on-year increase of 58.77 billion yuan, a year-on-year growth rate of 17.88%. The net profit was 33.952 billion yuan, a year-on-year increase of 5.952 billion yuan, a year-on-year growth rate of 21.25%. The net profit exceeded expectations by 5 months.
100 million.
At the same time, Anshi Group also issued a dividend announcement, with the dividend scale reaching 16.868 billion. This is all 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 really rare for the stingy An Qilong.
This round of dividends is ex-rights and ex-dividend, and the share price of Anshi shares will fall back to the opening price of 58.93 yuan tomorrow.
Ex-rights are required after giving out shares or cash dividends. This is not unique to Big A. It is the same in all capital markets around the world. 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 is 3 yuan per share. Then the cost price for those who buy it at the end of the day becomes 28 yuan. If the dividend is not ex-rights, these people will be the second
The floating profit before the market was +11%, but these people did nothing and yet made a profit.
Therefore, after the market opens, these people will basically arbitrage the market until the stock price drops to around 27 yuan. Therefore, the ex-rights setting is 27 yuan as the opening price to avoid these people from arbitraging the market and make the transaction fair for both parties.
It is worth mentioning that Anshi shares once reached 80 yuan per share a year ago, with a total market value of more than 1.2 trillion. However, when the market crashed in January this year, the stock price plunged along with the market, and the cumulative plummeted
-36.25%, Anshi Group also quickly repurchased 300 million shares and canceled them, and now the total share capital has dropped to 15.5 billion shares.
If we could turn back time, it would be great to repurchase the stock price when it was 15 yuan. Now that it has dropped below 50 yuan, it is a gold trap. An Qilong gets very angry at Lu Ming, his prospective son-in-law, every time he thinks about it.
, to say hate, this is the prospective son-in-law.
It's hard to say it all.
…
On Thursday, March 3, the bidding for Anshi shares opened 7 points higher, and the price limit was closed within five minutes of the opening, with the stock price at 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 sixth among all listed companies in the Big A.
Currently, Wuliangye has the largest number of institutions, with 199 institutions holding it, followed by Maoti, which has 195 institutions holding it.
Anshi Group had been neglected by funds before, with only 39 institutional holdings. Since the end of the "Anti War" that broke out in the second half of last year, it has become a hot commodity in the capital market due to Lu Ming's actions.
Institutions gathered together to investigate Anshi Group. After the sharp decline at the beginning of the year, institutions overall increased their holdings, and 32 new institutions were added.
The current market consensus is that Anshi shares are scarce assets, core assets, and high-quality white horse stocks of Big A.
Public funds, social security funds, and Beijing Capital Institutions are all buying.
This year's dividends of 16.8 billion yuan can be suppressed by the five major banks and two barrels of oil in Big A, which is unmatched among non-state-owned listed companies.
Tiansheng Capital does not count the investors' part. It still holds 967 million shares of its own Anshi shares, accounting for 6.238% of the total share capital. Based on the market value after today's close, it is 60.75 billion yuan. This round of dividends, Tiansheng Capital closed at 10
Hundreds of millions, don’t be too fragrant.
This is the reason for institutions to increase their positions. Taking advantage of the sharp decline in January, institutional funds went crazy to buy at the bottom to take advantage of retail investors.
…
Friday, April 15th.
This afternoon, people from more than 60 institutions, including Chaoyun Trust, Wanxiang Group, and Ningzhou Social Security Fund Management Bureau, gathered at the headquarters of Tiansheng Capital. In addition to Wanxiang Group, social security funds and other large investors, other institutions are mainly public funds.
Institutions such as Huaxia Fund, Yifangda Fund, etc. are all listed.
This time, more than 60 institutions gathered here to share the 45 billion fixed increase. They had already reached a gentleman's agreement with the major institutions, and today they are about to sign a formal agreement and contract.
In the lobby of the company's conference room, Lu Ming looked around at Wang Yue, Lin Qiang and dozens of other institutional people and said: "Tian Sheng Holdings' backdoor listing has been confirmed to resume trading on Wednesday, April 20, with the stock code 603230. We have determined the resumption opening price after the restructuring to be
3,000 yuan/share, the total share capital after reorganization is 80 million shares, and this private placement will raise 45 billion yuan."
Regarding the pricing and the scale of funds raised, no one is surprised, because they already knew the news last year. This time the private placement of funds raised was for a specific group, that is, only for institutions, and they all got the inside information early.
Chaoyun's vice president Lin Qiang smiled and said: "Mr. Lu, today is the time to introduce some new ingredients. Although the twice-cooked pork is delicious, you will get tired of it if you eat too much."
However, after the institutions present subscribed, there would be a one-year sales restriction period before the ban could be lifted. This was a regulation of the exchange. Lu Ming actually didn't care about this. It didn't matter if he sold on the same day.
For Tiansheng Capital, the only connection is that this round of private placement received 45 billion 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, it is a game between various funds in the secondary capital market that are bearish or bullish.
The total number of outstanding shares accounts for only 35% of the total share capital. The company's equity structure has been completed, and it is impossible for external investment shareholders to take away 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, they are all dominated by his people.
Tiansheng Capital Group has adopted a two-tier corporate structure design. Tiansheng Holdings is just a shareholding platform, or even a handbag company in a sense, and the company's entities are all in its subsidiaries.
It is actually very difficult for such a company to be listed on the Big A, but Tiansheng Capital has obviously succeeded.
Lu Ming is the legal person of Tiansheng Holdings. Even if he holds 1% of the shares, he still has firm control. When Tiansheng Holdings goes to its subsidiary to hold shareholders' meetings, he is also the legal person.
As the rightful owner who brought Anshi Group to its knees last year, how could he possibly leave loopholes in the top-level design of Tiansheng Capital for barbarian invasion?
At this moment, Lu Ming moved the conference microphone and said with a smile: "There is new material, of course, and it is what you are most concerned about."
With that said, Lu Ming opened the documents in front of him, and he saw Tiansheng Capital's 2015 financial report and the first quarter financial report of 2016. Both financial reports were suppressed and not released to the public.
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(Ps: The guaranteed update has been cashed in, the monthly ticket update has been cashed in, the following are the first 5 updates that have started to be cashed in, the debt is gradually being paid off, and the fundamentals are gradually reversed...)
