Xujiahui Mall built more than 40 hundred million rich Yu Qiuyu worth billions

Le Cing after the 8-month unlisted Shanghai Xujiahui Mall Co., Ltd. (hereinafter referred to as "Xujiahui Mall") Restart the listing process. Yesterday, Xujiahui Mall IPO, to be listed in the SME. The initial public offering does not exceed 70 million shares of RMB common stock (A shares). One of the most noteworthy is the famous writer Yu Qiuyu, who is located in the tenth largest shareholder status, once the listing is completed, it will become a rich cultural millionaire.　　At the same time, the industry estimates, Xujiahui Mall listing will also generate more than 40 million rich. Xujiahui Mall This preliminary inquiry and under the network distribution through the Shenzhen Stock Exchange network under the distribution of electronic platform implementation.　　Haitong Securities Co., Ltd. as the sponsor of this issue (the main underwriter) will be in the period from February 16, 2011 to February 18, 2011, to organize the launch of the site to promote and preliminary inquiry. Xujiahui Mall formerly known as Shanghai department store, under the possession of Huijin department store Xuhui, Shanghai 600, the Union Mall and Huijin General merchandise Hongqiao Store Four department stores, most of the layout in Xujiahui business district, and another 5 Huijin supermarkets, are in the Shanghai market layout.　　Xujiahui Mall said the IPO is mainly used to finance the construction and acquisition of Huijin department stores and other uses. It is noteworthy that Yu Qiuyu, with 5,186,445 shares in the number of the tenth largest shareholder in Xujiahui Mall, according to the average valuation of the SME and retail listed companies, such as the initial calculation, once listed, Yu Qiuyu's net worth will be more than 150 million yuan. According to the information, Yu Qiuyu's investment in Xujiahui Mall began in December 2001. At that time, Xujiahui, the predecessor of Shanghai 600 Industrial Co., Ltd. decided to dissolve the employee's shareholding, and plans to transfer its 24.5% share rights. Yu Qiuyu has spent 2.4122 million yuan to buy 1.5% of the shares, the price per share of 2.9239 yuan.　　After a series of share capital increase, currently owns 5,186,445 shares of the company's 1.5% stake, together with another natural person to tie Xujiahui Mall's tenth largest shareholder. "First financial daily" yesterday called Xujiahui Mall, the company said it would not be interviewed.　　But it once revealed to this newspaper, Yu Qiuyu almost never to the company meeting, basically do not participate in the day-to-day operation of the company. As at the end of June 2009, Xujiahui Mall has a total of 42 natural shareholders, Xujiahui Mall in 2008, 2009, 2010, respectively, the company realized operating income of 1.74 billion yuan, 1.86 billion yuan, 2.04 billion yuan. Industry estimates, in addition to Yu Qiuyu, the Xujiahui Mall IPO will also be the birth of more than 40 rich at least tens of millions of millionaires.　　Of the 32 executives and the backbone of the business, the lowest stake is also 0.6%, with at least 26 million yuan in assets. Shanghai Business Information Center Director Zishaoxia Analysis, because Xujiahui Mall restructuring earlier, allowing natural persons and even staff holding, so will be in bulk to create a rich, and the late restructuring of state-owned enterprises is unlikely to have a large number of natural shareholders.