Rebirth: The Financial Giant - Chapter 1026

Han Qiulin made a detailed memorandum for each of the matters instructed by Lu Ming, and then went to implement it. Among them, it took about half a year to find out the actual situation of the unfinished real estate in the country, and the time was still very tight.

It is worth mentioning that although Han Qiulin is an assistant, her special position as the assistant to the chairman is basically the same as that of the general manager. Although she has a position and no authority, she has to assist the chairman in managing affairs.

The assistant will do it if there is something, and do it if there is nothing… In short, that’s how it goes.

After Han Qiulin left the office, Lu Ming also put aside the problem of the property market, and everything had to be solved step by step.

Compared with the real estate market, it is still a peripheral matter for Tiansheng Capital. After all, in principle, Tiansheng Capital is not obliged to manage it at all, and the overall effort may not be able to please.

The reason why it is still necessary to intervene in the property market is more out of social responsibility and the responsibility of being a super-large giant group.

But it can’t be said that it doesn’t matter at all, because the property market deeply affects the economy of the entire country. With such a large scale of Tiansheng Capital, the prosperity of the country is the basis for Tiansheng Capital to continue to prosper and become stronger.

So it’s up to you.

If a series of problems caused by the property market lead to an overall economic recession, everyone cannot stay out of it, and Tiansheng Capital will also be indirectly affected. The bigger the size, the greater the impact.

If the property market problem is only a problem on the periphery of the company, then Tiansheng Capital’s current market value and shareholding structure are the core problems of the company, but there is a subtle relationship between the two.

The property market and the stock market.

The market value of Tiansheng Holdings is calculated based on today’s closing price, and the market value after the repurchased shares are cancelled is 21.04 trillion, which is an unimaginable astronomical figure.

In fact, the market value of Tiansheng Capital has begun to play the role of a “currency reservoir”, or anti-inflation, because a large amount of funds bought Tiansheng Holdings’ stocks, the scale is hundreds of billions, hundreds of billions Even trillions of calculations.

If this money flows into the commodity market, it will reflect a surge in prices, which is inflation.

But now the money or liquidity is locked in Tiansheng Holdings, because the funds know that the company is valuable, and it is better to hold the company’s shares than to hold real estate, so it naturally undertakes the so-called “currency reservoir”. Function, divert some of the funds that might have flowed into the property market to Tiansheng Holdings, which is a mini version of the “reservoir”.

This is a natural process, and gradually the company’s market value has risen to a height of more than 20 trillion today, and the water storage function has become more and more powerful.

This has formed a peculiar phenomenon. Investors may not have enough confidence in Big A, but they have great confidence in Tiansheng Holdings.

“The next stage of the company is to participate in the 2O25 manufacturing upgrade…” Lu Ming said to himself, and he began to think for a long time again. Participating in the 2O25 manufacturing upgrade is the transformation and upgrading of the national economy and high-end manufacturing.

Lu Ming is now letting Tiansheng Capital hold extremely exaggerated liquidity, in order to attack in all directions in the future, providing strong support for startups in high-end industries such as semiconductors, artificial intelligence, intelligent manufacturing, biomedicine, private aerospace and other fields. financing support.

In the next one or two years, capital will change from expansion to contraction, and the financing environment for startups will be harsh. Tiansheng Capital can just attack everywhere, and venture capital in the primary market will be able to get more equity with less money.

At that time, Tiansheng Capital will invest in companies that will rise in the future among the high-tech and high value-added industries in these fields, and will be the major shareholders of those companies. This is the core supporting logic of Tiansheng Capital’s future market value exceeding 50 trillion.

Really reaching this height, it means that Tiansheng Capital has been completely consistent with the fate of the entire country, and the prosperity of the country is strong.

Then the function of the “reservoir” will be further expanded. The function of the water reservoir in the A-share market taking over the property market is a long way to go, and there is a long way to go, but Tiansheng Holdings can take the lead and take the lead and has already begun to play the role of “water storage”. Chi” character, even in a miniature version.

But at the same time, there is another inevitable problem, that is, the current equity structure of Tiansheng Capital. The recent continuous repurchase has made Lu Ming’s personal share of the company’s total equity increased from 49.5% to more than 51%.

If the market value of Tiansheng Holdings in the future soars to a height of 50 trillion, then Lu Ming alone will take more than 25 trillion.

On the other hand, if Lu Ming does not reduce the shareholding ratio of the company and does not allow Guo Jia team’s shareholding ratio to increase, then the ceiling of Tiansheng Capital is almost reached, because the country cannot allow a natural person to have so much wealth.

Not to mention the height of more than 50 trillion in the future, considering the current market value of Tiansheng Holdings, Lu Ming’s current worth has soared to an astronomical figure of 10.89 trillion according to the current shareholding ratio.

More important than having so much wealth for an individual, a monopoly!

Lu Ming knew that in another year or two, the anti-monopoly law would come out, to combat the savage growth and disorderly expansion of capital, and Tiansheng Capital must have touched and has firmly touched on the monopoly problem.

Unprecedented market dominance, unprecedented market monopoly, and unprecedented capital monopoly.

Taking one is enough for a company to drink a pot. Tiansheng Capital now occupies all three. It is only in the field of new energy vehicles that the “Tiansheng circle of friends” has been created, and the upstream, middle and downstream of the entire industrial chain ecology All the companies are “Tiansheng” players, and Tiansheng Capital is the major shareholder of those companies.

Obviously, the upper levels of the state will never allow Tiansheng Capital to monopolize all walks of life in the high-end manufacturing field in the future. The major shareholders of leading companies in a series of high-end industries such as biomedicine, artificial intelligence, chip semiconductors, and electronic manufacturing have a ” Tiansheng” name.

Is that worth it?

Wouldn’t that be the uncrowned king? A Greater China version of Samsung and still better?

Lu Ming can predict with a high probability that if Tiansheng does not reform, the anti-monopoly iron fist will be late at most, but it will never be absent, and the company’s ceiling is almost here.

Because there is no reform, even if Lu Ming wants to provide financing in all walks of life, the money will not be able to be invested. Under the background of “disorderly expansion of capital”, it cannot be invested.

There is only one situation in which the country can allow Tiansheng to continue to expand and grow, and that is reform, that is, to make Tiansheng Capital put on the identity of the “national prefix”.

And it cannot be of a local nature, but directly under the State-owned Assets Supervision and Administration Commission of China.

Only with this level of “national prefix” status, the disorderly expansion of capital has nothing to do with Tiansheng, and all walks of life will be unimpeded. In the future, let alone 50 trillion market value, even if it is 1 trillion Market capitalization also has a supportive foundation.

…

At this moment, Lu Ming was sitting alone on the big sofa in the rest area and pondering. He has been thinking about this issue for more than a month or two. Whether or not Tiansheng’s reform will determine the future rise or fall of this company.

“I still have to reform, and only reform can continue to prosper. Only by reform can I get out of my body and win the name before and after my life.” Lu Ming said to himself, and after speaking, he couldn’t help but click nodded.

However, even if Lu Ming wanted to reform, there were still many problems in actual implementation.

First of all, an unavoidable problem is that the name “Lu Ming” has been deeply bound with Tiansheng Capital. It is the soul of this company that cannot be replaced by anyone. This binding is even more powerful than the influence of his more than 51% stake. be big.

Tiansheng with Lu Ming in charge and Tiansheng without Lu Ming are two completely different companies in the eyes of investors.

Assuming that Lu Ming suddenly stepped down and no longer was in charge of Tiansheng, the consequence would be that investors would frantically sell Tiansheng’s stock, and his LPs would also withdraw their capital and redeem the money so that Tiansheng would no longer be in charge.

It is definitely a top rush run, the soul is gone, don’t run away with a body and wait to die?

The most fundamental logic for everyone to be optimistic about Tiansheng is the word “Lu Ming”, and this is constantly being strengthened by self-feedback.

Coupled with Lu Ming’s age advantage, everyone can rest assured that Tiansheng Capital will not have any major problems in the next 30 or even 50 years. This is also an important reason why many LPs dare to sign agreements with Tiansheng Capital for such a long time. reason.

Even 30 years later, Lu Ming will still be less than 60 years old, and he will retire at the age of 60? The stock **** Buffett is 90 years old and has not returned to work in the front line. Even if Lu Ming has been working for 50 years, he is not yet 80 years old, so investors are very relieved to hold it for a long time.

As long as Lu Ming stays in the top position of Tiansheng, everyone can rest assured that they can all sleep soundly. One day when he gets down from that position, it will make everyone unable to sleep.

…