"40 yuan!" Director Shen pointed out four fingers and looked at Lu Ming.
"With the current price of 59.04, you cut it down to 40 yuan for me, directly cutting off about 30 percentage points of my floating profit. Bureau Shen, you are so cruel. It can be called a bargain for the soul of pharmaceutical procurement." Lu Ming couldn't shake his tears or laughs. He shook his head.
After a while, Lu Ming also quoted a price: "47 yuan. The Ningzhou Social Security Fund can only receive tens of billions at most. It is impossible to invest all of it in An's Group. If the amount is large enough, it can be cheaper, with small profits but quick turnover." Well, haha."
Lu Ming still knows something about Ningzhou City's social security fund income. Last year, the city's total social security income was about 88.7 billion yuan, the total expenditure was about 69.8 billion yuan, the fund's annual balance was about 18.9 billion yuan, and the year-end rollover balance was about 170 billion yuan. , and the income of Ningzhou Social Security Fund has dropped significantly since last year. This year's income is expected to drop by 30%. If this year's budget is used, the income drop next year may be as high as about 45%.
Generally speaking, it was a lot of pressure, which can also explain why I personally went to Tiansheng Capital to talk to Lu Ming about jumping in line and getting on the bus.
Director Shen immediately said: "This time the social security fund really needs to get goods in quantity. The Ningzhou social security fund is planning to take 20 billion yuan this time, as well as several neighboring cities and several municipalities in the neighboring provinces. Bureau, it’s not a small amount in total.”
Lu Ming was stunned for a moment when he heard this, and couldn't help but smiled and replied: "Co-author Shen Bureau led the team to bring the quantity. How many are there specifically?"
With such a large volume, it would be no problem to continue talking about it.
Director Shen made a gesture and said with a smile: "75 billion, it must not be a small amount, right?"
It is indeed not a small amount. After the paid transfer to the social security fund, Tiansheng Capital can immediately obtain 70 to 80 billion in liquid cash. The money raised from securities companies and banks can also be directly returned, and it also avoids The embarrassment of "short-term debt and long-term investment".
After removing the leverage funds for financing, Tiansheng Capital’s own liquidity is 41.5 billion. This is real money that has been pocketed. No matter how you calculate it, you have made a lot of money.
Before An's shares were raised, Tiansheng Capital's liquidity was only over 10 billion, and it suddenly tripled. How long has this happened?
Lu Ming smiled and said: "Then...it's 2 yuan cheaper."
Director Shen pretended to be shocked and said: "More than 70 billion, Comrade Lu Ming, only 2 yuan cheaper? That's too much. It's 4 yuan to 5 yuan cheaper!"
If you can cut off 1 more hair, it is 1 hair. When the price of cutting off 1 more hair is reduced, the actual absolute number is a gap of one to two hundred million.
The two sides bargained with each other for more than ten minutes. Lu Ming shook his head dumbfounded, and felt that it was almost done. He immediately made a decision: "Okay, okay, Director Shen, move out all the people in Ningzhou and neighboring cities. I still want to say this." How to take it? That’s 41 yuan and 50 cents, that’s it!”
Director Shen suddenly laughed heartily and said, "Then on behalf of the people in the neighboring city of Ningzhou, I would like to thank you for your generous act that benefits the people."
Hearing this, Lu Ming stopped and said, "Hey, Shen Bureau, don't lift me up like this, I won't fall down easily."
Everyone burst into laughter. After several conversations, they realized that Lu Ming seemed young, but they really couldn't treat him as an ordinary young man. His speech, behavior, and dealing with others all seemed very sophisticated and comfortable.
Director Shen is very happy now. The main matters of his trip this time went much smoother than he imagined. The lowest price in his mind was 43 yuan, and now the negotiated result is 41.55 yuan. With a little extra effort, he has a balance of 20 or 30 yuan. Billions.
Taking over 75 billion yuan at a price of 41.55 yuan, that is to say, Tiansheng Capital transferred 1.805 billion Anshi shares to the social security fund for a fee. Based on the current actual stock price, the market value is 106 billion yuan.
Tiansheng Capital still has 1.855 billion shares, accounting for 11.74% of the total share capital of Anshi Group. Lu Ming even wants to allocate another 6.74%. Tiansheng Capital only needs to maintain a 5% shareholding ratio and has a special agreement and a shareholder agreement. Just vote to veto.
The Ningzhou Social Security Fund Management Bureau received 20 billion yuan, and the remaining 55 billion yuan was allocated to the social security fund management bureaus in several neighboring cities.
No wonder Director Shen is grinning from ear to ear. The cost price received from Tiansheng Capital is 41.55 yuan, and the current price of Anshi shares is 58.73 yuan. In other words, the 20 billion Tiansheng Capital in Ningzhou City received it here , directly realizing a floating profit of 8.268 billion yuan on the book, and by transferring it, you can have a floating rate of return of 41.34%.
Social security funds entering the market cannot lose money. This is not an express rule, but it is an unwritten consensus. If the social security funds suffer serious losses, the consequences will be disastrous. It will affect the national pension, which is a major matter related to people's livelihood and livelihood. Social security funds entering the market If the fund really suffers serious losses, the promotion of the person in charge will also be affected.
The shares of Anshi Group transferred from Tiansheng Capital for a fee cannot be immediately sold and cashed out from the secondary market, because these shares are locked for a period of six months due to the placard, and the two parties are not trading through the secondary market channel.
However, social security funds are not meant to be used for short-term purposes. They are planned to be held for a long time and receive dividends.
"Mr. Lu, the issue of An's share transfer has been settled, but there is one more thing." Director Shen, who was sitting with his legs crossed, smiled and said: "Our city's Social Management Bureau has decided to give you another 10 billion yuan. The agency manages the funds."
As the first LP of Tiansheng Capital, Chaoyun Trust has made a lot of money. The Ningzhou Social Security Fund Management Bureau obviously also takes a fancy to the excellent profitability of Tiansheng Capital and Lu Ming, and also wants that money. Entrust it to such investors and asset management institutions to take care of it.
"No problem, the more the merrier, Tiansheng Capital also likes LPs like this." Lu Ming readily accepted that institutions like the Social Security Fund are one of his favorite LPs because they are long-term, stable, and have a good background.
The matter with the Social Security Fund Administration Bureau was settled. Later, Lu Ming settled the financing business with brokers and banks, and returned the principal and interest of 37.2 billion. The other party's attitude was obviously very confident in this trip, and the connection Very accurate.
Today we only reached a consensus, involving a huge amount of funds, and the specific delivery and settlement cannot be finalized in less than ten days and a half.
A consensus on the general direction was reached, and the specific procedural agreement was handed over to professionals. The two parties agreed to draw up a contract and sign it the day after tomorrow. The Insurance Fund Management Bureau will also transfer 75 billion yuan of funds in the next half month. The money is remitted to the designated account of Tiansheng Capital and then repaid to banks and securities firms for margin financing and securities lending.
Excluding this short-term debt, Tiansheng Capital's books return to zero debt, and Anshi shares under the company's name are left with 967 million shares. Together with other fragmented assets, Tiansheng Capital's current net assets are 99.2 billion yuan.
, including 41.9 billion yuan in liquid cash.
This liquidity of more than 40 billion yuan belongs entirely to Tiansheng Capital, and the company's actual liquidity is in addition to the 5 billion yuan from Wanxiang Group and the 10 billion yuan that will be transferred from the social security fund soon.
In other words, Tiansheng Capital has certain liquidity that can reach 56.9 billion yuan in half a month. With such a large amount of capital flow, it can do a lot of things.
On the same day, shortly after Director Shen and others left, Tiansheng Capital published the news in the form of an announcement text message an hour later before the October holiday.
Not surprisingly, it caused a sensation in the market!
