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Volume 1 The Miracle of Qishan Chapter 180 Thirty-seven Listed Companies

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    Many people think that Zhongqi basically does not engage in heavy industry and high technology, and only engages in industries that make money easily. That is right. Zhongqi does not do it, but China does.

    Yang Shaozong made two arrangements from the beginning. He divided his industries into two parts, Zhongqi and Shenzhou. Zhongqi was responsible for making money and cashing out, while Shenzhou was responsible for steadily building the most important spiritual industry in the national industrial system.

    "However, Yang Shaozong took a detour. He originally left China to be managed by state-owned entities such as China National Machinery Import and Export Corporation. It is estimated that even if it is a little slower, there will not be a big problem. At least it is a state-owned holding nature and is easy to develop.

    The result was a big loss.

    Fortunately, Yang Shaozong kept an eye on it and controlled more of the shares of Qigang and China Automobile in the Zhongqi Group, barely ensuring the development of Qigang and China Automobile. The rest was basically in vain. What a mess in 1992 and 1994.  It's still the same as before.

    It was not until Yang Jianlin took office that he directly expanded the capital of the Zhongqi Group by more than 50% and obtained absolute controlling interest, that all this was finally reversed.

    In any case, Zhongqi is still planning very far in the layout of heavy industry. From the beginning, they have targeted several core systems - automobiles, motorcycles, shipbuilding, and steel. The first three are the ones that can really drive the national economy.  The main axis of higher-level development, iron and steel metallurgy, is a foundation. Especially in the field of materials, the Shenzhou Department has always been very solid and invests enough profits in the research and development of metal materials every year.

    If there is a chance, they still want to make higher-end aircraft, but they have to continue to wait and see for now, and they will not make plans for the time being. They just found some retired old aircraft engineering designers, dug up a dozen young and middle-aged technical engineers, and found some more  A young man who had just graduated set up a design company to do some basic research and design work and to learn about the market.

    If there is a chance, they will definitely attack quickly.

    It was very calm. China Iron and Steel Group Corporation has become the largest steel group in the country. Yang Shaozong said that our investment is not large, but one thing is obvious. Even Guangzhou Iron and Steel Co., Ltd., which was merged at the time, was actually not a small steel plant. Jianggang Iron and Steel Co., Ltd.  , Ningbo Iron and Steel Co., Ltd. are all the best steel plants in Jiangdong Province, and Laiwu Iron and Steel Plant No. 2, Chu Iron and Steel Co., Ltd., and Qi Iron and Steel Co., Ltd. are not bad either.

    On this basis, Kobelco had the opportunity to gradually develop. While investing funds, it continued to use policies and other opportunities to expand, and expanded its nationwide layout to 14 steel plants. On this basis, they began to expand into Laiwu,  Guangzhou and Chuzhou serve as the three major bases.

    Now, Anshan Iron and Steel may actually be sold.

    Director Chen Guangming of the Central Development and Reform Commission had a conversation with Yang Shaozong in 1994. The central government wanted to collect the shares of asset trust management companies in various provinces. The central government exchanged a large steel plant for shares with Qigang and obtained 30% of Qigang's shares.  .

    Yang Shaozong will definitely not suffer this loss. If you think Chen Guangming is a philanthropist, Anshan Iron and Steel Group is almost collapsed now. If it hadn't been for the massive transfer of land in the city later, it would have been unable to survive long ago. How could it have slowly climbed back up later?  .

    Chen Guangming actually means that if Kobelco is willing to be fooled, that would be wonderful, but it is normal not to be fooled.

    The situation is different now. Yang Shaozong spent more than 20 billion on Kobelco, most of which were bank loans and preferential policies from local governments. But no matter what happened, he made Kobelco a business after all.  It has become the largest in the country.

    No matter in terms of scale, profitability and total profits and taxes, Kobelco is the well-deserved number one.

    On the other hand, Kobelco is only now slowly beginning to recover profits. From the initial losses to the present, the Zhongqi Group has not gotten back a penny of profits. It has lost as much as it can, and it still has to use its own foundation to help God.  Steel gets a loan from a bank.

    Of course, this does not mean that Yang Shaozong¡¯s current policy is to use the profits of the Zhongqi Department to support the Shenzhou Department. This is not his style. The Shenzhou Department must basically be self-sufficient. In addition, through the operations of the Zhongqi Department, it will continue to grow through loans.  is a more appropriate way.

    Kobelco and Shenqi basically take care of themselves now, and they are developing very fast, but they no longer need investment from Zhongqi Group, but they don¡¯t have much profit to support Shenzhou Locomotive Industry Company. Shenzhou Locomotive is a bottomless pit, and Yang Shaozong can¡¯t explain it clearly.  .

    Therefore, Yang Shaozong decided to set up the China Electric Power Investment Corporation. The power plant was the real money printing machine.

    Shenzhou Resources Group will also be reorganized. First, it will merge with Qishan Mining Group, and cooperate with some local bosses in Qizhou on mineral resources to expand the scale of the entire industry.

    Although Jin Province was deleted from the second round by Shenzhou Group, Yang Shaozong and Yang Jianlin did not tell Vice Governor Xue and Luo Ning that the next round of key investment of Kobelco Group will be in Jin Province, and the scale will be large.  Very big.

    Jin Province is not in a hurry, since they were dumpedThe thirty-seven core listed companies in the market can all stabilize their market value without big ups and downs.

    The total market value of the thirty-seven listed (group) companies in the mainland of Zhongqi is as high as 2.1 trillion yuan, accounting for 45% of the total market value of the Chinese stock market, while the GDP in 1996 was only 7.4 trillion yuan.

    There is no doubt that the bubble in China¡¯s stock market is huge.

    Yang Shaozong¡¯s personal view is that it is relatively acceptable for the stock market to remain at 3,000 points, and maintaining it at 2,500 points is the most reasonable range. He has never concealed this.

    In short, Qizhou Trust¡¯s current asset strength is strong enough that it can spend 4 billion to 5 billion every year to assist other cooperatives without affecting its own development speed and goals.

    Of course, these funds are not given away for free, and there are no additional terms, but you must pay them back, but the interest is relatively low. After you get them back, you will continue to roll them to the new cooperative.

    Money is definitely not a problem now. The common idea among everyone is to try to ensure that one aid is successful and form a virtuous cycle. The other is that the Qizhou Rural Cooperative Credit Cooperative Bank has also been approved by the central bank and is allowed to assist cooperatives in pilot projects.  Open a branch.

    The Zhongqi Group currently owns two joint-stock banks, one is China United Bank, the other is China Banner Bank, and the other is Qizhou Rural Cooperative Credit Cooperative Bank. Through some related transactions, Zhongqi Group actually also holds China Commercial Bank  Relatively large shares, among the 59 sponsoring units of the newly established China Minsheng Bank, the Zhongqi Group also occupies 17.

    It should be said that Zhongqi Group is now able to make its capital flow so large and flexible, and maintain a large amount of cash flow rate in its hands. The controlling bank plays a relatively large role. In addition to banks, Zhongqi Group controls through its subsidiaries.  Financial institutions such as insurance, securities, and funds can also maintain relatively good cash flow capabilities.

    Yang Shaozong waited until 1997 to officially launch the foreign aid work of the Qizhou People's Advanced Cooperative. In fact, he was waiting for this series of conditions to mature. When money was not a problem, other problems were relatively easy to solve.  ro!  .
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