A few days ago, Shanghai Xujiahui Mall Co., Ltd., and will complete the purchase and payment tomorrow. The Xujiahui IPO, famous writer Yu Qiuyu ranked tenth largest shareholder, after the stock market, Yu Qiuyu is expected to billion. This has aroused widespread concern. Yu Qiuyu's assistant Kinklin that Yu Qiuyu's investment is normal, and said Mr Yu would not respond to this recently. Not the only big investment. Shanghai Xujiahui Mall Co., Ltd. is a department store retail company. In December 2001, "Xujiahui" decided to dissolve the employee's shareholding and planned to transfer the 24.5% per cent of its holdings. Yu Qiuyu bought 825,000 shares at a price of 2.9239 yuan per share in 2001, with a capital contribution of 2.4122 million yuan. After more than 9 years of share reform and the previous transfer of equity, the number of shares now reached 5.1864 million shares. And it is estimated that after the listing of Xujiahui shares will reach 25 yuan-30 yuan, after the listing of Yu Qiuyu is expected to billion. It is reported that "Xujiahui" is not Yu Qiuyu's only big investment. 2004, Shanghai nine long scholar Culture Industrial Co., Ltd. and its "99 online bookstore" officially opened, Yu Qiuyu to no less than 1 million yuan to join. Founded in 2000 in Tsinghua University, the web publisher of Chinese online, as the first well-known writers in the form of a share of the site, Yu Qiuyu is also a shareholder. According to Yu Qiuyu's assistant Kinklin, it may be because of Yu Qiuyu's preference for the book, he spent nine years more than this number, allegedly also added funds, but these investments have not yet produced benefits. Therefore, he believes that the loss of surplus, Mr Yu Qiuyu's investments are normal. The original stake is "save the urgent" in Xujiahui just after the meeting, the well-known financial commentator Ye Tan on the media to take the lead in questioning: Neither the executive nor the workers, Yu Qiuyu's investment qualifications? In such a core business district Xujiahui, then how can not wait to introduce Yu Qiuyu's only more than 2 million yuan? Tan thinks, such as Yu Qiuyu's 0 cost or even negative cost to obtain profiteering "miracle" is the capital market wealth distribution of injustice in miniature. Xujiahui is a state-owned enterprise, in question the qualifications of natural shareholders such as Yu Qiuyu, even suspected of the loss of state-owned assets. To such questions, Kinklin said Mr. Yu Qiuyu's investment was 10 years ago. When the manager of Shanghai Baye, asked if Yu Qiuyu may be in their "transformation" of the difficult time to participate in a little stock. Apparently he was a "rescue man". Yu Qiuyu will not know when the stock will be listed, and will not know that the recent listing, so his investment is "normal". He added that Yu Qiuyu would not respond to the "uproar" of the Internet.
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