Evergrande things, recently there seems to be no news.
However, the story of Evergrande is always worth paying attention to.
The following article, very meaningful, may wish to take a look.
Evergrande's mysterious receiver
You pack uncle bag mail area
On September 1, Boss Xu made a big show of letting the eight vice presidents sit at a table and signed a military order on behalf of the eight special working groups for baojiao buildings.
Evergrande eagerly sent a signal to the government and home buyers that they would not let the project end and would maintain social stability.
Looking carefully at the photos of the venue, you will find that standing next to Boss Xu is not his comrade-in-arms and president Xia Haijun for many years, but Executive Vice President Shaun.
Last month, President Xia reduced his holdings in Evergrande Automobile and Evergrande Property and cashed out more than HK$100 million. Although the money is less than half of President Xia's annual salary. But this incident, together with the change of legal person of Evergrande Real Estate, makes everyone feel that things are changing.
Later, President Xia appeared less and less. Evergrande's daily affairs management has also changed from President Xia to Shaun.
Not long after Xia Haijun reduced his holdings and cashed out, another close comrade-in-arms of Boss Xu, Chen Kaiyun, Liu Luanxiong's wife, also cut a part of Evergrande stock. The friendship between Liu Luanxiong and Boss Xu dates back to before Evergrande went public in Hong Kong in 2009.
In April this year, Chen Hua's Kingkey Group, Huang Guangmiao's Zhongzhou Group, Liu Luanxiong's wife Chen Kaiyun, China Gas's Liu Minghui and Shenzhen Cuilin Investment, together formed a 26 billion investor Group, Dingzeng Evergrande Automobile. Among them, Shenzhen Cuilin investment took out 5 billion yuan.
Two months later, Shenzhen Huajian Holdings took over a 29.9% stake in Jia Kai Cheng, becoming the white knight of Boss Xu.
In the past five years, Evergrande sold Evergrande Grain and Oil, Evergrande Dairy and Evergrande Mineral Water Company for a total consideration of 2.7 billion yuan, and three unknown companies were taken over:
Shenzhen Lailai Lai Lai Industrial Company,
Shenzhen MSCI Turin Trading Company,
Shenzhen 3D Turin Automobile Sales Service Company.
Recently, the pancake stall business has not been good, and I have studied these companies with my hands. Under the grass snake gray line, whether it is Shenzhen Cuilin Investment, Shenzhen Huajian Holdings, or the three companies after that, they are more or less related to a businessman:
Wang Zhongming.
This Mr. Wang was originally a hotel owner, but now he has become the redeemer of the former richest man.
Many real estate developers also opened hotels at the earliest, but their life trajectory is not interesting to Mr. Wang.
1
In 1993, in the bustling city of Hong Kong, a company called Yao Ling was founded.
The chairman of Yaoling Company is Mr. Wang. The company also has two directors, one named Wang Zhongkui and the other named Li Dan.
Wang Zhongming is a native of Dandong, Liaoning. He graduated from Heilongjiang Bayi Agricultural Reclamation University in 1984 and reappeared ten years later as the owner of a Hong Kong company that paid 10 million Hong Kong dollars.
A year after the establishment of Hong Kong Yaoling Company, they got the cooperation opportunity with Jiangxi 828 Hotel, and the two sides jointly established Jiangxi Nanjiao Hotel Company, which mainly operates golf courses, hotels and supporting services.
828 Hotel is located in the "Green Lung" of Nanchang, which is the best hotel in Jiangxi. It is a vast area, covering an area of more than 1,000 acres. After its completion in 1969, the leaders stayed here four times.
Mr. Wang, a young man in his early 30s, participated in the market-oriented reform of this famous hotel in Jiangxi.
In 1997, 828 Hotel established a physical company, Nanchang Cuilin Golf Resort, a development company in Nanchang Nanjiao, Jiangxi. The chairman of the company, or Mr. Wang.
Six years later, the Nanjiao Hotel planned Jiangxi's first 36-hole international standard golf course around this treasure land, covering an area of more than 5,000 mu.
With the best golf club in Jiangxi, Mr. Wang quickly went from a hotel owner to a business tycoon with golf services, hotel management, cultural tourism and real estate companies. Another company, Ming Cheng International, which Mr. Wong set up in Hong Kong, caught up with some wealthy local businessmen. Some of them later also had relations with Evergrande.
For example, Yao Quanbao's Jiangxi Huada Real Estate Group became Evergrande's war investor in 2017, with an investment of 5 billion yuan.
There is also the Wen Xianlai family's Jiangxi Boneng Industry. In 2003, Hong Kong Ming Cheng International and Jiangxi Boneng Real Estate Development Company jointly established Jiangxi Cuilin Villa Co., Ltd., and won a number of plots of land in the Silver Triangle Industrial Park of Nanchang Hero Economic Development Zone.
Another important layout of Mr. Wang in Jiangxi is to take a stake in Shangrao Bank and become the second largest shareholder of the city commercial bank.
Since April 2009, Evergrande Real Estate has taken over the shares of Boneng Ande, and wang zhongming has begun to cooperate and enter the Jiangxi market. Here they built Evergrande's first project in Nanchang:
Nanchang Evergrande Oasis.
The introduction of Evergrande into the Jiangxi market, where customers later made the most trouble, was only the beginning of the revolutionary friendship between Wang Zhongming and Boss Xu. The two can become close comrades-in-arms until Mr. Wang casts magic in Shenzhen.
2
In May 1988, next to Lychee Park in Shenzhen's Luohu District, a hotel called Taihua was established. In 1994, the hotel was renamed Baume & Mercier Hotel. The hotel has a housekeeping department, a food and beverage department and a small shopping mall, and sauna massages on the fourth and fifth floors of the hotel.
In 2001, the chairman of the hotel was changed from Chen Zhixing to Wang Ruibo, and another year later, Wang Ruibo handed over the company to:
Wang Zhongkui.
Four years later, the major shareholder changed hands and became Shenzhen Lianhua Enterprise Development Company.
Shenzhen Lianhua Company, built in 1984, was originally a window company of ministries and commissions. After that, it underwent restructuring and equity transfer. The earliest chairman of this company was Chen Zhixing.
In 2010, Shenzhen Lianhua was completely controlled by Zhang Qingmin and Zhang Yao, who were in the car transportation business. Also in the same year, a more high-profile car company, Shenzhen Sanwei Turin Automobile Sales and Service Company, bought 94% of the company's shares.
The general manager of the three-dimensional Turin automobile is called Wang Zhongjun, and the legal representative is Zhang Qingmei. Zhang Qingmei, Wang Zhongkui and Wang Zhongjun are all the core cadres of Mr. Wang's business in Shenzhen.
The reformed window company was also taken down by Mr. Wang's family.
After taking over the window company in Shenzhen, Wang Zhongming made the leap from Nanchang to Shenzhen, the center of the universe. The net worth has also increased geometrically.
At that time, there was another golf enthusiast who came to Shenzhen. He became chairman of a golf company and pushed a lot of innovation in the field of golf.
President Xia of Heilongjiang was also an executive of the company at the earliest.
On January 15, 2011, Evergrande bought a 71% stake in Shenzhen Construction Group. The contenders who lost the takeover were two state-owned enterprises in Shenzhen.
After six days, Wang Zhongming joined the construction group as chairman.
Also in this year, Evergrande Real Estate Shenzhen Company was established. Wang Zhongming personally holds 17% of the shares and serves as the chairman of Evergrande Real Estate Shenzhen.
He is an employee and partner of Boss Xu. He often leads people in shenzhen circles to play golf tournaments.
Two years later, in 2013, Evergrande finally landed a project in Shenzhen.
They acquired almost all of the old renovation projects owned by the former Guoxiang Real Estate. This has allowed Evergrande to increase its land reserve by millions of square meters in Shenzhen.
Before Evergrande entered the shares, Guoxiang Real Estate had undergone equity changes. Two people took over all the shares, one of whom was named Zhang Dongtao, who had many intersections with Wang Zhongming's Cuilin department.
21 days later, Evergrande entered the market and took over 20% of the shares of Guoxiang Real Estate from Zhang Dongtao, and then gradually took over all the shares. Evergrande did not disclose the specific purchase price, but if it is true as the media reported at the time, there are millions of square meters of land reserves, the magnitude of the transaction may be unimaginable to outsiders.
Through similar cooperation, Mr. Wang took Evergrande into the Nanchang and Shenzhen markets by hand. Many of Evergrande's old renovation projects in Shenzhen are also related to him.
Evergrande, of course, reciprocated. Mr. Wang has jumped from a hotel owner to a billionaire who can rank among the top of the Hurun list in the past decade.
3
Boss Xu himself said that 2017 is the most brilliant year for Evergrande, full of money.
But because of Zheng Yutong's death, Boss Hui's relationship with Hong Kong circles has become delicate. He made a decision that went against his ancestral precepts:
Back to A.
In 2017, Evergrande introduced a strategic investment of 130 billion yuan and gave up 36.54% of its shares. Among the 130 billion yuan of investment funds, Shenzhen Huajian, Shenzhen Jiancheng Investment, and Weifang Golden Orange Hongyuan Investment three companies, a total of 20.5 billion yuan.
They all have one thing in common, and they are all closely related to Wang Zhongming's Cuilin lineage.
Later, those who took over Evergrande Ice Spring, Evergrande Grain and Oil, and Evergrande Dairy were also the Cuilin system. Coupled with the funds invested in Evergrande Automobile and Evergrande Property, Mr. Wang's equity investment in Evergrande:
There are three billion yuan.
In 2017, Mr. Wang's Cuilin Department withdrew from Evergrande Shenzhen Company, and 17% of the equity was taken back by Evergrande. A few months later, Evergrande Real Estate, which has wholly owned Shenzhen Construction, will have a share of three shares, leaving only 5 points for itself, the state-owned enterprise Shenzhen Jian'an got 83%, and Shenzhen Construction Engineering got 12 points.
At this time, the Cuilin Department has completely controlled Shenzhen Construction Engineering. This former state-owned enterprise has been able to win the bid for major projects of government units and housing enterprises for many years:
Mr. Wang resumed his boss and finally stopped working for his belt brother.
In June this year, it was Mr. Wang's Shenzhen Huajian that took over Jia Kai City from Evergrande.
At the same time, the Yao ling company, which was established in Hong Kong in 1993, the company that first started business with the 828 hotel, was dissolved.
Another company for Mr. Wang, Ming Cheng International, has also changed. Last year, the company was taken over by Evergrande, and the director became Pan Hanling. She is the vice president of Evergrande Real Estate and the general manager of the finance center.
Before evergrande's crisis was completely exposed, Mr. Wang had already discharged a lot of mines for Mr. Xu. Ice fountains, grain and oil, and dairy industry were all replaced by real money and silver. From this perspective, Mr. Xu is probably the most successful serial entrepreneur.
Roughly calculated, Mr. Wang is now investing in Evergrande's small 30 billion, and the magnitude of the loss is only big compared with Liu Luanxiong.
The big money he made with Boss Xu seemed to be returned to Boss Xu in the end.
Some friends said that taking over Evergrande Ice Spring, Evergrande Grain and Oil, Evergrande Dairy, and even the recent Jiakai City is Evergrande's strategy to whitewash the financial report. Some friends also said that this can be regarded as a debt repayment of Boss Xu in a sense.
Just like Ma Yun has a few old faces around him, Boss Xu's most spirited moment is also surrounded by a lot of inconspicuous characters on the surface, but there are clean characters inside. This is true of Mr. Luan, and so is Mr. Wang.
Hurunbang certainly does not pay attention to them. I have seen a photo of Xu Boss's public activities, and Mr. Wang seems to be deliberately hiding in a corner. The photo is blurry, like a mirage in a thick fog.
The lights went down the stairs, and the plums fell like snow.