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Volume 1 The Miracle of Qishan Chapter 165 Morgan Stanley and Silicon Silver in China

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    Chapter 165 China¡¯s Morgan Stanley and Silicon Silver

    The goal is ambitious, but the reality is terrifying.

    The setback in 1993 had a huge impact on the Zhongqi Department, and many tasks were out of control. It was not until Yang Shaozong came back to kick Ji Changyu out and regain control of the entire Zhongqi Department that all aspects of the Zhongqi Department's work returned to normal.

    1993 was a year of loss, 1994 was a year of recovery, and 1995 was a year when the Zhongqi system continued to develop rapidly.

    How big the Zhongqi system is now is basically a nonsensical topic.

    With the development of the Chinese stock market over the years, the Zhongqi Group can no longer control the stock index of the entire Chinese stock market as it did in 1992, but one thing is unquestionable, that is, the Zhongqi Group is still the Optimus Prime of the Chinese stock market.

    In Shenzhou, the top three listed companies with the largest market capitalization are all Zhongqi companies, and the same is true in Songzhou.

    In Shenzhou, Shenzhen Development Bank, the largest company by market capitalization, was reorganized into United Bank in July 1994, which is the newly born United Bank of China. As a joint-stock commercial bank, it is simply not allowed to use this name, especially not  Although the word "China" was included, Yang Shaozong still used the contacts he accumulated while working in the State Council to ask the relevant person in charge of the central bank for special approval.

    In 1994, Yang Shaozong successively took over 7 urban banks that had a large amount of non-performing assets due to austerity policies. At the same time, he continued to expand externally, increasing his business points from 422 in 1993 to 2,723, involving all primary, secondary and tertiary banks across the country.  level city, finally let the central bank let go and allowed Shenzhou Development Bank to be reorganized into United Bank of China.

    If this is considered Yang Shaozong¡¯s power, then he is underestimating Chairman Yang.

    In today's China, when it comes to doing business, there is absolutely no one better than our Chairman Yang. Chairman Yang's brilliance is to simultaneously spin off Zhongqi Huatai Insurance Company and spin off another China United Insurance Co., Ltd.  , and merged with Southern Securities and Shenzhou Huaxin Securities Investment Company, which were in operating difficulties, and reorganized into China United Securities Company and China United Trust and Investment Company.

    Behind the series of operations is another network of the Zhongqi Group - a few years later, these companies will be reorganized into China United Financial and Insurance Group according to Yang Shaozong's wishes. The main businesses are insurance, banking, trust investment, and securities.  business.

    The front-end operator of this series is Ma Mingzhe, the former chairman of Ping An Insurance, and he will also be the future chairman of China United Financial and Insurance Group, and holds between 1.02% and 1.1% of the group's equity. In fact,  , this is definitely still a core group company directly related to Zhongqi.

    China Flag Group, its subsidiaries, related investment holding companies, plus various China Flag trust fund companies, all connected, China Flag Group will control more than 40% of the shares of China United Financial and Insurance Group, a state-owned holding  Accounting for about 30%, the remaining 30% is scattered among management, employees and the circulating stock market. Even in the circulating stock market, shareholders from the Qizhou area hidden in the Zhongqi family will occupy very important seats, including people like Song Fangzhou and Song Dynasty.  Free investors like Jianye, Pan Shixin, Xu Ming, Zhao Dajun, Li Guangsi

    This may illustrate how powerful Yang Shaozong is.

    But it can¡¯t be fully explained.

    It was abandoned in 1993, but it was definitely not abandoned in 1994.

    Yang Shaozong did a lot in 1994. It was in this year that he finally completed the basic layout of Guanshengyuan and Zhonghua Beer Company across the country, and they will also be the main growth lines of Qizhen Group in the future.

    By being listed in Hong Kong, Zhongqi Group itself did not invest more, and Qizhen Group also had enough funds to complete the acquisition of Guanshengyuan companies in various provinces across the country. At the same time, it acquired more than 60 second- and third-tier dairy factories across the country.  The country has completed the layout of five major ranches, and each province also has an average of two to three medium-sized ranches.

    On this basis, Guanshengyuan launched four series of new products in early 1994: high-quality yogurt, pure yogurt, dry milk tablets, and nutritious breakfast milk. Guanshengyuan Sunshine Series was launched in major cities across the country.  Bottled pasteurized pure milk and yogurt have actually completed a major transformation into dairy products brands based on the launch of Guanshengyuan toffee in 1992.

    According to Yang Shaozong's plan, he will spend 70 million yuan to bid for the CCTV bid this year to build "Guanshengyuan" into the country's leading dairy brand at once. Of course, the Guanshengyuan series of bee products will continue to be made.  In addition, he must continue to maintain the number one market position in the country and continue to subdivide product lines to expand share and average profit margin. However, he really has no intention of making the mooncakes that "Guanshengyuan" is famous for. In the past two years,  It will be completely canceled and withdraw from competition in the mooncake market, allowing Guanshengyuan Food Company to concentrate on long-term competition in dairy products and honey products.

    Although it declined in 1993, at least one thing is guaranteed, and that is Snow Beer's long-term investment.

     The question is who should be in charge of Silicon Silver?

    Everyone looked at Hu Zuming, because among the five giants, only Hu Zuming received higher education in the United States. However, Hu Zuming could not think of a suitable candidate for a while. Finally, he proposed that he go to the United States to inspect some more suitable Chinese-Americans in the United States.  And people who can go deep into the computer technology industry and also have certain management and investment capabilities.

    Yang Shaozong agreed and asked Hu Zuming to set off as soon as possible.

    We expect that about ten people will participate in investing in silicon silver. The plan given by Yang Shaozong is that he will invest 60% and hold 45% of the equity. Of course, everyone has no objection. Anyway, if the investment loses money, you will lose the most.

    Correspondingly, Yang Shaozong also wants to set up an Optics Valley in Qizhou. Zhongqi Group will inject capital to establish a Qizhou Optics Valley Investment Company to directly replicate and incubate the world's information technology industry in Qizhou.
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