Huang Guangyu is very strong forced Yongji to retire to Zhongguancun?

The 60-Year-old Yongji had to face the reality that since 1996 he had been the head of the "Zhongguancun village", and it was his age to retire. May 16, Zhongguancun Science and Technology Development (holding) Co., Ltd. (000931. SZ, hereinafter referred to as Zhongguancun technology, held a general meeting and provisional Board of Directors, announced the company's general manager Yongji resigned, Gairen company board vice chairman. At the same time, strong into the Zhongguancun technology Peng Tai Investment Group will own three senior executives Wang Sheng, Zou, Wang arranged into the board. Yongji, a maneuvers capital, has retreated behind the scenes under the will of capital. At this time, Zhongguancun technology is facing his single-handedly created the capital of the mess: Mr Huang's Peng Tai investment has taken over 15% of its shares from the former largest shareholder, and will become the second shareholder of Zhongguancun Science and technology. Yongji's 25.01% stake in the group has been delayed by Beijing Sasac's approval , as at April 30, 2006, the total amount of company guarantee is 4.4 billion yuan, facing the risk of expiration of guarantee. At the same time, almost all the main business of Zhongguancun technology has suffered losses, the company warned that the first half of 2006 will lose 40 million-60 million yuan. Versatile Yongji just a few days ago, the chairman of Sina's board appeared at a meeting of executives at Sina. "China's securities market and High-tech industries are hard to erase the traces left by Yongji. "On May 17, a securities firm told reporters after the news," but it is difficult for him to make a fair assessment. "In the late 80, when China's High-tech has just developed, and in the early part of the 90, Yongji is an iconic figure of the times, just like founder of Xuan, the founder of Lenovo Group. In 1984, he participated in the founding of the first group of private enterprises in China, and was the President of the four-pass group in 1991. Since then, he and won the "Zhongguancun Village Head" title, at this time the main business of the four-pass group is the four-pass printer and software development. Yongji once said to reporters at a party: "The four have done a lot of ' first ' thing." The first private enterprise listed in Hong Kong, the first company to accept venture capital, the first and Silicon Valley companies merged, the first listing on the Nasdaq. "In fact, Duan is also across the capital markets and the IT industry, the first person, a hand-built Sina network, is currently China's most influential internet companies." Yongji once partner Li Yuxiang evaluation paragraph: "Brilliant, speech persuasive, article write well." Energetic, the head melon seeds always in turn. He has been like this, in the morning before 8 must appear in the office, the time to leave the office must be after 10 o'clock night. "Lee is the original four vice president of the group, and Yongji cooperation for 8 years, and then left." Perhaps it is these qualities that make paragraph in China's High-tech industry and securities market for more than 20 years, through ups and downs. "Paragraph can very closely follow the situation. That made him more than 20 years of fundingBen and the business career were almost plain sailing. "People familiar with Yongji told reporters. Paragraph likes to study the central policy, and can find the opportunity to promote the development of enterprises: such as the 1993 four-pass electronic listing; 1997 four become "Gold tax project" manufacturers; and 1999 in charge of Zhongguancun science and technology, put forward "real estate development and management, information and communication, biomedical, financial investment" The pillar concept of the four major industries. This concept once created the highest share price of Zhongguancun technology to date. "Not on the Alpine Wu Lian, how to see the human foot spectacular" is a famous quote, in the most scenic part of the late 90, this famous quote heroic. But paragraph is also difficult to conceal the capital market to his questioning. Since 1999, the stock price of Zhongguancun science and technology after the hurricane, paragraph with this issue, to obtain a new capital of billions of yuan. However, after the Guangdong CDMA project was recycled, Zhongguancun science and Technology doom began. Paragraph was also denounced as "harmless" by the capital market. April 2005, Chiyong gene Company in the information disclosure of illegal, the CSRC was given warning and fined 150,000 yuan. "They [capital markets] call me ' old fox '. "Paragraph had been self-deprecating. Slipping from the IT industry Yongji to the beginning of the new millennium. In the design of Zhongguancun science and technology four legs to walk the development strategy, and from the stock market to obtain large sums of money, to the IT industry started, in order to the situation estimated Yongji made a fatal mistake--launched CDMA project. Before taking over Zhongguancun technology, Zhongguancun technology is a pure real estate company, without the taste of technology. To this end, paragraph in the financing project will be a large amount of funds to supplement the Zhongguancun technology in the IT project short board. 1999, Zhongguancun 120 million shares, capital Sword to the throne of the supremacy of telecommunications, 9 of fund-raising projects have 6 communication-related, the total investment of nearly 1 billion yuan. In addition, Zhongguancun science and Technology and the Beijing Song Hua Group of 50% of the joint venture, for the Beijing cable network only access and content providers; its sen-Tai Grams officially launched the national "Austrian star Skynet", and Microsoft and four tong jointly set up Zhongguancun software and so on. The Guangdong CDMA Project is the core of its business development. At this point, paragraph through a year of time, the long-term cultivation of kung fu all put to the battlefield of capital, and play incisively and vividly, its beats of operational capital capacity and with High-tech close combination of enterprise strategy, has been near myth. At the other end, Duan also began the new and old integration of the four-pass, creating new four-pass, new and new four capital myths. 2001, with the National CDMA project as a whole to China Unicom, Zhongguancun Science and technology in Guangdong CDMA project A devastating change, Zhongguancun technology has been burdened with heavy security and debt, paragraph has not been in Zhongguancun science and technology to implement drastic reform. 2004, Zhongguancun Science and Technology in Shen was renamed St, section began to save the operation of Zhongguancun Science and technology--resell Sen, the trusteeship of Zhongguancun Securities, and in 2005Year to achieve the star-holding card. But since then, Zhongguancun technology is still in the mud of heavy debt. At that time, chairman Zhang Guilin told reporters that Zhongguancun technology will gradually exit IT industry, and if the debt of Zhongguancun technology within a year has not significantly improved, may introduce strategic investors. Retire to IT industry? Li Yuxiang in his book "Cooperation and conflict between me and business leaders" Yongji: "He will always be able to solve problems, but his energy and wisdom too much spent in the endless ' digging pit ' and ' landfills ' process, it is very regrettable. He still shows the indomitable spirit of the ordinary people, no matter how unfavorable situation, he has the means to tide over the difficulties. "In December 2005, Yongji announced that he took over the capital of Zhongguancun technology, and that the holdings of CNOOC and the Chongqing Hyde Group were 25.01% and 15% of the total group. However, the deal has not been approved by the Beijing municipal Sasac. In April 2006, the group announced that it would transfer 15% of its shares to the Chongqing Hyde Group to invest in Mr Huang's Peng Tai, while Peng Tai also accepted the 48.25% stake in Zhongguancun Science's most valuable building. By IS, paragraph in Zhongguancun capital long sleeve handed to the "richest man" Huang. Huang Guangyu is very strong. A person in Zhongguancun technology told reporters. And the passage of the paragraph, and Peng Tai investment has been allowed to continue to acquire the shares of other shareholders of the village technology. "Yongji to gradually withdraw from the IT industry he has been together for many years. "Analysts say. In February 2005, the company's Sina Network was a grand acquisition of 19.5% of the shares, from the first major shareholder to the second largest shareholder; in April, the four companies issued several announcements, announcing the possible sale of about 5% of Sina shares held. Previously, paragraph in December 2003 with 1.24 billion yuan to buy Shi Yuzhu's kin, so as to take the development of bio-medicine, but also gradually with its rich IT industry departure.