In Wenzhou, which is known for its private economy, how to inherit family businesses has always been a topic of discussion. In the past, or going abroad for further study or practicing at the grassroots level in the parents' enterprises, the "Wen second generation" was always a little mysterious. In the recently released annual reports and announcements of listed Wenzhou enterprises, there have been more and more "Wen second generation" dew, some of them have gained more than 1 billion yuan by holding equity in listed companies, and some of them have begun to "work" for their parents and relatives although they do not hold shares, and they are in important positions.
Astronergy New Energy "listed" Nan Cunhui children appeared in the announcement for the first time
Recently, Chint Electric Appliances issued the "Announcement on the Acceptance of the Application for Administrative License for Major Asset Restructuring by the China Securities Regulatory Commission", indicating that chint Electric Appliances' acquisition of Zhejiang Chint New Energy Development Co., Ltd. for nearly a year will soon draw a perfect end. This acquisition not only allows the "Chint" solar energy assets to be officially injected into A-share listed companies. In a series of announcements about Chint New Energy, the resumes of the "second generation" of the Nan Cunhui family also made their debut.
(Nan'er Nan Cunhui)
In the "Report on chint Electric Appliances Issuing Shares to Purchase Assets and Raise Supporting Funds and Related Party Transactions", Nan Cunhui's eldest son Nan'er, eldest daughter Nan Xiaoou and second son Nan Jinxia all appeared as natural person shareholders of Yueqing Fengyuan Investment Co., Ltd., and the three each held 3.29% of the shares of Yueqing Fengyuan, while Yueqing Fengyuan held 2.53% of the equity of Astronergy New Energy Development. In other words, Nan Cunhui's three children collectively own 0.25% of the equity of Chint New Energy.
(NanJinxia)
(Southern Laughing Gull)
Although it seems that the shareholding ratio is not high, according to the "Announcement on Determining the Issuance of Shares to Purchase Assets and Raising Supporting Funds and the Upper Limit of the Number of Offerings of Supporting Funds for Related Party Transactions" recently issued by Chint Electric Appliances, the acquisition price was determined to be 4.5 billion yuan, which means that the total value of Yueqing Fengyuan equity held by Naner, Nanxiaoou and Nanjinxia is 11.25 million yuan.
At the same time, the acquisition of Chint New Energy by Chint Electric appliances will be paid in the form of a private placement of additional shares, so after the completion of the issuance, Chint New Energy will hold 7.2% of the equity of Chint Electric Appliances. This means that Naner, Nanxiaoou and Nanjinxia will indirectly hold a total of 0.018% of the equity of Chint Electrical Appliances, and the latest market value of Chint Electrical Appliances will reach 0.0152 billion yuan.
"Buying" their own stocks has doubled their net worth
The first appearance is also chi ya, the daughter of George White chairman Chi Fangyan. Chi, born in 1990, currently directly holds 2.82% of George White's equity, and acts in concert with his father Chi Fangyan and mother Chen Yongxia, becoming one of George White's actual controllers.
The shares held by Chi Ye were transferred by Zhejiang George White Clothing Co., Ltd. in September last year, according to the "Simplified Equity Change Report" disclosed by George White at that time, the transfer price at that time was 40 million yuan, and based on the latest market value of George White shown after yesterday's close of trading 5.571 billion yuan, chi Ye, who was only 26 years old, had the value of the shares in his hand risen by 292.5% and was worth 157 million yuan.
Similar to Chi's experience, there is also Wu Tingting, the eldest daughter of Wu Zhize, chairman of Thenunciation Bird, who in August 2014 was transferred to the 5% stake in the Annunciation Bird Group Co., Ltd., with a transfer price of 131 million yuan, and based on the latest market value of the Annunciation Bird of 6.270 billion yuan, Wu Tingting, born in 1989, has a net worth of 314 million yuan.
(Wang Chen, Wang Zhentao)
Also born in 1989 is Wang Chen, the son of Wang Zhentao, chairman of Aokang Group. He has always appeared in AuCom's annual report as a shareholder of AuCom Investment Holdings Limited. Until June last year, Wang Chen became the third largest shareholder of Aucom after buying 40 million shares of Aucom International held by Aucom Investment Holdings Co., Ltd. for 610 million yuan. At present, Wang Chen directly holds 9.98% of the shares of Aucom, and holds 3.27% of the shares through Aucom Investment, with a total equity holding of 13.25%, and based on the total market value of Aucom of 8.657 billion yuan, Wang Chen is now worth at least 1.147 billion yuan.
"Working" for their parents is also a high annual salary
In addition to sitting on shares, "working" for parents is the children of the bosses of listed Wen enterprises who have begun to officially release the "succession" signal.
You Feihuang, the second son of Huafeng Spandex Chairman You Xiaoping, born in 1985, entered the company after graduating with a master's degree in 2009, served as deputy director of the Marketing Department, and began to serve as deputy general manager since 2012, although it has not yet held Huafeng shares, but according to Huafeng Spandex's 2015 annual report, You Feihuang as an executive, with an annual salary of up to 643,600 yuan.
Chen Menglie, who is one year older than Yu Feihuang, is the son of Chen Daorong, chairman of Huayi Electric, and is currently the deputy general manager of Huayi Electric, with an annual salary of 247,900 yuan.
(Founder Fang Hengzhi)
Fang Zheng, the eldest son of Canaan Technology Chairman Fang Hengzhi, is already the general manager of the company, with an annual salary of about 187,300 yuan, and as a shareholder, he holds 1.87% of the equity of Canaan, which is now worth at least 74.67 million yuan, while his two-year-old brother Huang Binbin, who directly holds 1.69% of the shares of Canaan, indirectly holds 4.08% of the equity of Canaan by serving as the director of the production department of Nanjing Bishop Investment Management Co., Ltd., with a net worth of more than Fangzheng, reaching 231 million yuan.
Unlike other "Wen second generation" who have gradually increased their holdings, Jin Meiou, the daughter of Jin Shaoping, chairman of Golden Dragon Electromechanical, has been reducing her holdings, and the shares held by Golden Dragon Electromechanical have dropped from 10.78% in the early days of listing to 3.85% today. However, the latest market value of Golden Dragon Electromechanical has reached 12.505 billion yuan, and Jinmeiou, which currently serves as a director of the company, not only has an annual salary of 240,000 yuan, but also maintains its net worth of 481 million yuan.
(Stone Xiangcai Stone Crushed Standard)
In addition to these post-80s and post-90s second generations that are now beginning to show their faces, there are also more post-70s second generations in listed Wenzhou enterprises, including Qiu Jianqiang, vice chairman of Semir Apparel, and Shi Xiangcai, president of Electro-Optics Technology, who are actually starting businesses with their parents and leading enterprises into the capital market together.
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Wang Junyao's son Wang Han is worth more than 10 billion
Zhou Bangwei, the son of Zhou Chengjian, remains mysterious
Among the Wenshang enterprises listed outside, such as Juneyao Airlines and Meibang Clothing, there are also many young but worth more than 2 billion yuan of the second generation. The information disclosed in the 2015 annual report of Juneyao Airlines shows that Wang Junyao's (deceased) eldest son Wang Han has actually held 35.63% of the equity of Juneyao Airlines, calculated by the latest market value of Juneyao Airlines of 33.69 billion yuan, And Wang Han, who has been on the Forbes Young Rich List many times, is now worth 12.004 billion yuan.
(Wang Han, Wang Junyao)
There is a Fan APP produced by Meibang Clothing as the title sponsor of the online debate program "Strange Story", so that Zhou Chengjian's son and Fan Chief Experience Officer Zhou Bangwei frequently appear in the program, but in the annual report of listed companies, Zhou Bangwei, as a "young owner", is still very mysterious, and there is no relevant shareholding information disclosure. However, Hu Jiajia, the daughter of Zhou Chengjian, holds 8.91% of the shares of Meibang Apparel, and the latest net worth has reached 1.060 billion yuan.
(Zhou Bangwei, Zhou Chengjian)
Listed Wen enterprises in the first quarter of the most listed
After seeing the "wen second generation" who quietly emerged in the annual report, let's take a look at how the listed Wen enterprises have performed this year.
Yesterday, with the disclosure of George Bai's quarterly report, the quarterly reports of 15 A-share listed companies in Wenzhou were all published. On the report card of the first local listed company this year, the 15 listed companies achieved a total operating income of 8.899 billion yuan and a net profit of 1.043 billion yuan.
The most "profitable" stocks:
Chint Electric appliances made a net income of 324 million yuan
The most "profitable" stocks:
Aucom International earned RMB0.28 per share
The most "inspirational" stocks:
Zhejiang Dongri net profit increased by 59.84% year-on-year
The most "bold" stocks:
Aucom International dividend plan is to pay 7.5 yuan (including tax) for every 10 shares converted to 10 shares
The most "powder-absorbing" stocks:
The total number of shareholders of Golden Dragon Electromechanical reached 46,000, an increase of 27.97% over the previous period
The most "huge" stocks:
The total number of shareholders of Annunciation Bird reached 143,000, and the number of shareholders among the listed companies in Wenzhou Enterprises was the largest
(Data as of the end of the first quarter reporting period of 2016)
All data and information in this article are from the announcement of listed companies
Wen Shang all-media reporter Liu Haidan