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Volume 1 The Miracle of Qishan Chapter 160 Trapping You

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    In the internal report of Zhongqi Group¡¯s demutualization, Yang Shaozong is the chairman of the entire management team. The total assets report he submitted of Zhongqi Group clearly states that the total assets are 179.2 billion RMB and the debt is 97.4 billion RMB.

    Yes, Zhongqi Group is so rich, but at its peak, the debt ratio was

    Such a high debt ratio is surprising, but one thing is certain. Zhongqi Group holds a large amount of land in major cities across the country waiting to be developed.  It should be said that the leaders of the municipal committees of Shenzhen and Songzhou absolutely hate Ji Changyu. Since Zhongqi Trust and Investment Company was restricted by the parent company, especially the capital movement was blocked by Ji Changyu, it was unable to continue to support the market. The stock indexes of Songshan and Shenzhen continued to decline.  Arrived around 350 o'clock.

    After Qizhen Group was listed and Ji Changyu was out of the game, Guan Jinsheng immediately regained control of the Shenzhen-Song Stock Index and spent half a year slowly pulling the two stock indexes back to the 800-point mark.

    At the same time, although the central bank continued to adopt financial tightening policies in 1994, it was somewhat more relaxed than in 2004, and economic growth began to recover. In particular, the collapse of the exchange rate also increased the pressure on internal cash flow, causing the flow to begin to amplify, and the entire economy  The market is recovering.

    After the stock market pulled back, life for Zhongqi Group was much better. The actual debt ratio has dropped from its peak to 22%, and it still has more than 20 billion in cash flow. Life is very easy.

    Of course, the best thing is that the land price has returned to its original normal price. Once the land price returns to normal, the total assets will increase, the debt ratio will naturally decrease, it will be easier to borrow money from banks, and the stock price will increase much faster.

    In July 1994, the price per share of Qizhen Group¡¯s Hong Kong stocks had increased from 17.5 during the IPO period.

    The Hong Kong dollar per share has increased to HK$1. Considering the scale of the entire IPO is 500 million shares, this surge in stock price is absolutely amazing.

    Calculated by market value, Qizhen Group already has the capability to hit the 100 billion Hong Kong dollar mark in assets. However, according to Hu Zuming¡¯s estimation, Qizhen Group will hit the 2 Hong Kong dollar mark by the end of the year. Calculated based on the current price-earnings ratio, as long as the parent company  If the debt crisis does not exist, Qizhen Group's stock price will definitely be able to exceed 100.

    Of course, Qizhen Group has already made plans to issue new shares at this time, and the old shares will continue to be split, which will facilitate the expansion of circulation and transaction scale.

    There is no problem with this. After all, Qizhen Group's profitability still remains at a very high level. Even in the low point of 1993, there was a net profit of 3.4 billion. However, the growth is not as strong as in the past The gradual mediocrity and sales volume of Jinfuji  Weakness is of course also a major influence.

    During this period, Qizhen Group continued to acquire Fujian Xizhilang Company and Huiyuan Juice Company, especially through the merger of Huiyuan Juice, which directly made up for the vacancy of failing to expand the juice series in 1993.

    In terms of tea drinks, Hong Kong Zhenji Food Company's Kung Fu series of ice tea, black tea, and green tea drinks were launched at the end of 1993. However, due to management chaos, they were severely stuck for a year until Yang Shaozong came back and reorganized the whole thing.  The logistics system and marketing system allowed tea beverages to regain their leading position within one year.

    Today¡¯s group planning meeting ended and everyone went back to work. Yang Shaozong continued to discuss with Xiao Wei, Hua Kangsheng, Guan Xinsheng, and Hu Zuming.

    Yang Shaozong thought about it a lot, but decided to attack individual leaders of the provincial party committee, push him from behind, and wish him a good morning.

    His method was very simple. He asked the person in charge of the Hong Kong Zhenji Company to be interviewed, explaining that due to the intervention of the Qizhou Municipal Party Committee leaders last year, the entire Qishan economy was in chaos, and the Zhenji Food Company was also greatly affected. It was only this year that it barely recovered.  order.

    This is an introduction. Once other media come over, everyone will hesitate to say anything, but they will not deny that some people will say a few words: Ji Changyu, the municipal party committee secretary, is simply bad in the extreme, and he is trying to steal the assets of the commune.  Nationalization is under his personal control. He is extremely power-hungry and interferes in the Management Committee and Zhongqi Asset Management Company.

    Breaking the news.

    ¡° All the news was revealed, and it was also revealed in Hong Kong, which completely ruined Ji Changyu¡¯s life.

    ¡°However, whoever lets it go will be in trouble.

    This matter is a trivial matter.

    Who releases it?

    Xiao Wei took the responsibility and sneered: "Who else would do this kind of bad thing than me? I just said this, what can the provincial party committee do to me? I speak with integrity, if it weren't for Ji Changyu trying his best to occupy Zhongqi Company here  and control the management committee, Zhongqi Company will not be so chaotic last year. At the most dangerous time, we may really fall into a bankruptcy crisis! Even if we do not go bankrupt, we will have to sell off a large number of hoarded real estate properties, which will seriously damage our vitality!"

    Yang Shaozong was a little reluctant to give up, but to be honest, Xiao Wei was able to escape unscathed after telling the truth, and even continued to hold important positions in Zhongqi Company. Others did not have this treatment.

    &nbspMarriage.

    That¡¯s it, it¡¯s a very simple thing. Whoever you marry is not a marriage, and whoever you marry is not a marriage. Life is like this. We have gone through so many ups and downs together. Is it necessary to wait and choose again?

    After they got married, they went to Hong Kong to spend their first month together. Zheng Yutong said that he would arrange a lot of things for them in Hong Kong and even booked a whole hotel for them to hold a banquet.  The Hong Kong media is almost always waiting for the mainland red-chip tycoons whose influence is enough to make the mainland and Hong Kong stock markets jump wildly, and guests are even more present.

    The president of the Zhongqi Department is here, which is of course a big deal.

    In addition to spending the month together, Yang Shaozong and Xiao Wei also came here for business. The Hong Kong real estate industry has returned to a prosperous atmosphere and continues to rise. The real estate accumulated by Zhongqi International Investment Company should basically be sold.

    Sell ??at a good price and then buy U.S. technology stocks at the bottom. This is a sure-fire business strategy.

    Yang Shaozong doesn¡¯t care how much money he has or how much money he can make in the future. After experiencing so many ups and downs, he wants to share wealth with everyone and create more miracles.  !  .
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