Minsheng Plus Bank 61% Holdings Minsheng Electric Shang Yinlong as chairman and general manager

September 3, the reporter learned from the Shenzhen market Supervision Board, Minsheng Electronic Commerce Limited Liability company (hereinafter referred to as "Minsheng Electric Business") has been incorporated in Shenzhen on August 29, operating period of "sustainable operation", registered capital of 3 billion yuan.

Unlike General Electric business enterprises, Minsheng business scope In addition to E-commerce, but also includes venture capital, asset Management and other financial services.

Previously, Yin Long, the deputy director of the former CBRC's innovation and Supervision department, has been confirmed as the legal representative of the People's Livelihood electric power, and as the most core management personnel, Chairman and general manager position.

"We nurture our customers and make profits by providing corresponding E-commerce services, Internet Financial services, and banking innovation services," he said. So its profit point (and ordinary electric dealer) is different. Yin Long recently accepted this reporter to interview said.

Institutions and individuals participating through the people's Livelihood plus Bank Capital Management

The latest news reporter learned that the Minsheng electricity dealers set up a total of 3 supervisors, 8 board seats, the board of Directors is mainly 7 main shareholder control.

"Minsheng is now only determined the Supervisor and board seat candidates, for senior management, in addition to Yin Long, the other is still undecided, is the market to recruit the elite of the electric power." A person familiar with the matter said to reporters.

According to the business information of CMBC, Minsheng shareholders for the people's Livelihood Silver Asset Management Co., Ltd., Southern Hope Industrial Co., Ltd., Oriental Group Commercial Investment Co., Ltd., Fortune Group Co., Ltd., China Shipowners Mutual Insurance Association, China Pan-Hai Holding Group Co., Ltd., Shanghai Fosun Industrial Technology Development Co., Ltd. The shareholding ratios were 61%, 6%, 3%, 6%, 6%, 6%, 6%, 6%.

This time, the bank has become a shareholder in the capacity of the management of the scheme. Because the scheme itself cannot enter into a joint venture agreement or be registered as a shareholder of the joint venture company. and engaged in a specific customer asset management business is one of the main business of silver assets, therefore, as an asset manager to manage the Capital management plan and equity investment belongs to the normal business operation of silver assets. For the subsidiary Minsheng Bank to become a controlling shareholder of Minsheng, CMBC disclosed.

In fact, according to our correspondent, after a period of time, as the main preparatory person, Yin Long has been visiting a number of industry insiders, on the one hand, the exchange of experience, for institutions and individuals to contribute to the "roadshow."

"The way in which individuals and general organizations participate as shareholders of the people's livelihood is to subscribe to the bank's asset management scheme." The person said.

Yin Long has revealed that its own and related teams have contributed to become the Minsheng shareholders, from the Minsheng Electric business information, the way may be through the Silver Asset management plan.

For affiliated companies to establish a Minsheng electric business, Minsheng Bank also has some murmur inside, its director of China Life Investment Holdings Limited President Wang Junhui said, "The people of Minsheng Bank-related people's livelihood and Minsheng Bank has no ownership relationship, in the future, the people's livelihood in the business may have more related transactions with Minsheng Bank, And it is possible to use the bank's existing channels, customer resources, goodwill and so on to achieve its commercial value.

According to the reporter observation, although there is no direct investment in Minsheng, but in its directors, supervisors, many have worked in Minsheng Bank.

According to our correspondent learned that from July 2006 to March 2007, Yin Long had on-the-job in China Minsheng Bank Trade and Finance Department, Board of Directors Strategic Development Committee Office, engaged in new product design, bank mergers and acquisitions, foreign investment and so on.

According to the materials obtained by journalists, the public information of Minsheng executives can be found with the background of Minsheng Bank, also includes the Supervisor Jia Wengang, the supervisor Xu Huaiyuan, the director Shishiang, has served respectively as the Minsheng Bank company Banking Department Investment Banking Center deputy general manager, Minsheng Bank Wuhan Branch company Business Department Manager, Minsheng Plus Bank Capital Management general manager.

Electricity quotient, finance parallel

Multiple information shows that the Minsheng platform or "one network."

Specifically used to query the domain name registration information of the database whois display, domain name owner "Minsheng E-commerce, has been registered to protect the heyihang.com and Heyihang." net/.org two domain names. According to billion power network September 3, said that the people's livelihood E-commerce platform will be named "one line."

At the same time, according to the reporter observation, "One line" another domain name in July this year by the "blue workers" investors registered, and the information obtained by the reporter, Minsheng Electric quotient of a supervisor for Land.

If we use the unification to explain the Minsheng platform, the two main functions are condensed: finance and electricity quotient are more appropriate.

The information obtained by the journalists shows that, in addition to E-commerce, Minsheng can also engage in: equity investment funds, equity investment fund management, venture capital, Asset Management, investment management, investment consulting, financial institutions commissioned to engage in financial information technology outsourcing.

"According to this business plan, Minsheng can do the basic small micro-enterprise loans, and even try to do business equity investment." The person said.

(we plan) in five years to create a financial reform, e-commerce, Internet finance and other aspects of the significance of the landmark enterprises. "Yin Long said.