Real estate predators become capital player richest Lu Zhiqiang the pan-Sea empire expands

Source: Internet
Author: User
Keywords Lu Zhiqiang pan-Sea construction through equity
It is possible to become Li Ka-shing, or so far the most like Li Ka-shing, is two Fudan alumni: Lu Zhiqiang and Guo. He is a person with several big positions.  National CPPCC Standing Committee, China Guangcai Promotion Association vice President, chairman and President of Pan Hai Group Co., Ltd., chairman and President of China Pan Hai Holding Group Co., Ltd., vice chairman of Minsheng Bank Co., Ltd., vice chairman of Minsheng Life Insurance Company Limited, director of Haitong Securities Co., Ltd. By the end of last year, he directly and indirectly held the pan-Sea Construction (000046.SZ) 1.125 billion shares, according to the closing price of June 30 this year, 19.9 yuan, the market value of 22.391 billion yuan; through China Pan-Sea Holding Group Co., Ltd. indirectly holding Minsheng Bank (600016.SH) 360 million shares, According to the closing price of June 30 this year 7.92 yuan calculation, the market value of 2.849 billion yuan, through Minsheng Bank, Pan-Hai Construction Holdings Limited and pan-HAI Resources Investment Group Co., Ltd. indirectly holding Haitong Securities (600837.SH) 219 million shares,  According to the closing price of June 30 this year, 16.45 yuan, the market value of 3.609 billion yuan, the holding of Minsheng Investment (000416.SZ) 74.0885 million shares, according to the closing price of this June 30 7.76 yuan, the market value of 575 million yuan.  He is Lu Zhiqiang.  Combined with the above market value, he is now worth as much as 29.424 billion yuan.  Real estate started him, through outstanding capital operation ability, so far has been involved in real estate, banking, securities, insurance and other fields, beats.  The story of Time 1951, Lu Zhiqiang was born in Weihai, Shandong, after the Cultural Revolution into Fudan University, known as the "most diligent boss."  1985, the Lu Zhiqiang resigned from the Shandong Weifang City Technical Development Center Office Deputy Director of the post, the first company founded: Shandong Pan-Hai Group engaged in education and training industry. 1987, the country began to implement housing reform, real estate into a lucrative industry.  Lu Zhiqiang optimistic about the "build house" will bring business opportunities, will be diverted to building and housing development.  In 1988, Lu Zhiqiang registered China Pan Sea Holdings Limited in Beijing, becoming the main platform for its future operations in the real estate business.  1990, realized that foreign capital can enjoy tax preferential policy, Lu Zhiqiang in Qingdao and the United States respectively established Qingdao Pan-Hai Construction Co., Ltd. and the United States Pan-Hai International Limited liability company. 1994, the country put forward "87 anti-poverty plan", dozens of private entrepreneurs for this initiative to put forward "guangcai cause." Lu Zhiqiang also keen to see the value of the cause of glory, Udi July 2 in Beijing to set up Guangcai Investment Management Co.  Among them, Shandong Pan-hai Group and Shandong Pan-Hai Construction Investment Co., Ltd. accounted for their total share capital of 71.2% and 20%.  In the light of the cause of the promotion, Guangcai Investment Group, the strength of rapid growth, began to attack the real estate, finance and High-tech areas, dozens of "Pan-hai" companies in the country emerged. End of 1998, Guangcai Investment Group replaced Shenzhen South Oil group as the first major shareholder of South Oil property, and renamed it "Guangcai Construction" in July 1999, renamed as the Pan-Sea construction in December 2005. 2000 years later, China's financial industry began to open to private capital.  Lu Zhiqiang many times, in the financial field Gongchenglvede, has become Minsheng Bank (600016.SH), Haitong Securities (600837.SH), Minsheng Insurance, Minsheng Securities, livelihood of the major shareholders, in the banking, securities, insurance and other fields to build their own financial kingdom.  In recent years, Lu Zhiqiang has repeatedly reduced the Minsheng bank and Haitong Securities shares, close to tens of billions of dollars.  Real estate overall listing in the "Pan-hai" real estate business capital Tense, Lu Zhiqiang Financial industry to use the pledge, guaranteed equity, and other ways to help it complete the round of financing. But under the massive opening of the territory, its property companies are still hungry for money.  and Lu Zhiqiang, then found a shortcut to create wealth-the overall listing.  April 2006, the pan-Sea construction announced from the major shareholder pan-Hai Group to acquire its Beijing pan-hai Dongfeng Real Estate Co., Ltd. 65% of the equity; Since then, the pan-Hai group to the pan-Sea construction directed additional 400 million shares, the implementation of the pan-Sea construction to obtain a total of 743,800 square meters of March 2007, the Pan-Sea construction issued a notice, announced that it will raise funds through the non-public offering of about 8 billion yuan, for the acquisition of large shareholder of the pan-Hai group's Spark company 100% Equity, Tonghai company 100%, Zhejiang company 100%, Wuhan company 60% Equity.  After the completion of the acquisition, the pan-Sea construction of land reserves will be more than most of the first-line real estate companies, thus increasing the building area of more than 8 million square meters. Industry insiders said that the pan-Sea group will all its real estate business one-time into the pan-Sea construction, to make it a real estate business listing flagship. A one-time issue of 8 billion yuan plan, breaking the market for the "Pan-Sea" will be the whole group of real estate projects in 3-5 years to inject all the expectations of listed companies.
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