Chung Jin Department gem second single: profit or exceed 9 times times

Newspaper reporter Xia Huawang Beijing reported the death of 2008 founder conferred let Chung Jin Group cast a sad color, two years of this capital group deliberately avoid outside the line of sight, but also experienced a number of personnel shocks, in the troubled gold department still has its bright spot, before the equity investment in the gem also ushered in the harvest period. June 28, Shanghai Tae-sheng Wind Energy Equipment Co., Ltd. is ready to enter the gem, through the SFC issued Audit committee.　　For this common gem, the most discussed details are not the position of Tae-won wind in the market, nor the background of the entrepreneur, but the gold-tied figure in its shareholder list. Chung Jin Department of Yunnan City Investment in 2006 ambush into the green water, and the green water before the listing of the shares transferred to the associated shareholder name, April 20 this year, the green water in the gem listing.　　As early as two years ago, Chung Jin Department's Chung Jin Industry and two Shanghai local ventures and a number of natural persons to participate in the Thai Sheng Wind power, in the evolution of the Thai-sheng wind power equity, there have been a number of mysterious natural persons, once again embodies the investment style of the Chung Jin department. 5 yuan to buy a stake in Tae-won Tai Sheng Wind power since the establishment of 2001 has been the manufacture of wind turbine tower, is the earliest professional production of wind turbine tower company.　　The special part of this company is the shareholding structure, the largest shareholder Liu Zhicheng is only 11.887%, the company has no controlling shareholder, by Liu Zhicheng, Huang Jingming, Zhu Shou, Xia Guanguang, Zhang Fulin, Zhang Jinang, Lin Shou, the seven people's core management team is the actual control of the company, the total shareholding ratio of 55.02%.　　As an entrepreneurial enterprise, the diversification of shares reflects the situation of Tae-won wind at the time of the start-up, six technical personnel in 2001 in Shanghai Golden Mountain set up a Thai Sheng Co., Ltd., 8 million yuan registered capital from a consultancy company borrow, after the Thai victory after two personal increase, the registered capital to expand to 40 million yuan. Until 2008, the expansion of the Thai-sheng wind energy began to external financing. The head of the company's securities department told the Huaxia Times Reporter: "The introduction of many equity investors, is entirely from the financial point of view."　　"Since 2007, the composite growth rate of total operating income, operating profit and net profit for the last three years of Tae-won wind power is 52.53%, 110.28% and 111.32%, and Chung Jin industry has found an opportunity to enter this growing company in early 2008." January 7 of that year, Tae-won wind energy increased the third share, the registered capital from 40 million yuan to 60 million yuan, Chung Jin Industrial (Group) Co., Ltd., Shanghai Collar Investment Co., Ltd., Shanghai, China's leading venture Capital Co., as well as natural person Wu Gentry, Huang, Mia, Wang Jian, Levin to 5 yuan/　　The amount of capital contribution is subscribed to the new shareholder of the company. Among them, Chung Jin industry to 20 million subscription 6.67% shares, a close relationship with Chung Jin industry, a personal Wang Wang for 10 million yuan subscribed to a 3.33% stake. Wang Jian is a kibaki of Chung Jin department and former vice president of Chung Jin Financial Consulting Co., Ltd.Manager, later and conferred jointly funded the establishment of Rui Hui Tak Technology Investment Co., Ltd., is now the general manager of the company.　　Another mysterious natural person Levin to 30 million cash to subscribe for 10% of the shares, Levin from Hunan Xiangtan. If according to 5 yuan/share capital contribution calculation, Chung Jin department shares the Thai wins wind energy premium 5 times times. In fact, the investment is much more affordable.　　At the end of 2007, Thailand wins the wind energy per share of 1.82 yuan, earnings per share of 2.57 yuan, in the increase in capital shares in Chung Jin industry to 5 yuan, the relative net asset premium is only 3 times times. Chuang Investment changed what and Chung Jin industry to buy a stake in the company, but also including Shanghai collar, Shanghai, China's leading venture investment two Shanghai local venture. The Shanghai Collar is a young investment company that has just been set up a year ago to take a stake in Tae-won wind power.　　September 2007, by Xuhui state-owned Assets Investment Management Co., Ltd., Shanghai Venture Capital Co., Ltd. and Jiang, Zhejiang provinces 11 private enterprises to cooperate, jointly funded the formation of the "collar Exchange Venture", the first batch of investment fund 220 million yuan, mainly to grow-oriented enterprises, to promote its gem or the SME market. In October 2009, after the gem listing, most of the Chinese-style VC company is no longer the focus of nurturing enterprises, but is keen on the listing on the eve of a surprise stake in the gem company. Tae-won wind power introduced a venture in 2008, just as the company said it had only received financial support.　　Through the private placement, Tae-won wind energy raised 100 million funds, and in 2008, 2009 achieved rapid expansion.　　2007, Thailand wins the wind energy business income is 220 million yuan, 2008 year income doubles, achieves 460 million yuan, 2009 degree is 504 million yuan, the operating profit in 3 year also appeared the corresponding growth, introduced outside investment, the Thai wins the wind energy financial data continuous snowball growth. During the meeting, the industry said that the Chung Jin Department as a strategic investor in the current situation, not only can not give Tai Sheng Wind energy IPO plus points, may also cause a reduction. Prior to the Gold Department of the 3 companies to participate in the gem, bi-water was listed, and two other round shares and the letter of technology was vetoed. June 28, Tae-won wind energy successfully, became the Gold department in the Gem Harvest Second project.　　If Tae-won wind energy distribution ratio of more than 50 times times, Tae-won wind energy 2009 per share net profit of 0.93 yuan, the issue price of more than 45 yuan, Chung Jin Department of Investment in the book earnings reached more than 9 times times. A person familiar with the capital of Chung Jin department told the Chinese Times Reporter: "Chung Jin's National Gold securities more cautious than before, do not easily use the National Gold Securities this channel."　　"The sponsors and underwriters employed by Tae-won wind power are security securities, but Chung Jin department Chante Wind has a young director, Li Kanglin from the investment banking Department of the National Gold securities, and the managing director of investment banking. The founder's departure let Chung Jin department experienced a turbulent period, but undeniably, Chung Jin department in the gem in the equity investment has always been prescient, as early as 1999, the first wave of gem boom, Chung Jin department set up a golden science and technology investmentInvestment Co., Ltd., incubating a number of entrepreneurial enterprises, including Qingdao soft control and the North Green media has been successfully listed. As the green water and Tae-won wind enter the gem, it is also seen that the sharp side of the company's entrepreneurial investment has not gone away.