Riding the wind of rebirth

Immediately following the Central Rural Work Conference held in the capital, the conference stressed the need to persist in giving priority to strengthening agriculture in developing the national economy, deepen rural reform, resolve outstanding issues affecting agricultural and rural economic development, explore new mechanisms and measures to support, protect and promote agricultural development, mobilize farmers' enthusiasm, promote agricultural and rural economic development and increase farmers' income.

There is no doubt that Lianhe Township, as the first village in Liangshan Prefecture to introduce green environmental energy projects and a national new variety fruit tree breeding research base, firmly fits the basic spirit of the Central Rural Conference. Coupled with the Liangshan Panxi Ning River Valley Joint Development Plan, in the eyes of the leaders of national ministries and the provincial party committee and government, this has become the prefecture getting things ahead of the national plan. Compared with various places that are only preparing to hastily launch counterpart projects this year, there is no doubt that it has already gained an irreplaceable first-mover advantage.

This is a big win that is enough to make the state party committee and government excited.

Then the state announced the formulation and implementation of the Ninth Five-Year Plan and the Outline of the Long-Term Objectives for 2010. It was decided that the next fifteen years would be the most important period in the journey of national modernization, connecting the past with the future and carrying forward the past.

The information industry has also been identified as a key industry to be supported and developed.

However, these are all future impacts for Zhou Zhi and the results are not immediate, but the next piece of news is closely related to him.

On January 12, China Minsheng Bank officially opened for business.

This is China's first national joint-stock commercial bank invested mainly by private entrepreneurs. In the previous period, the major shareholders of this bank in its early days included Hope Group, Oriental Group, Oceanwide Group, Shipowners Mutual Insurance Association, PICC Shares, and some individual shareholders.

In the past, many investment activities were made by Zhou Zhi using his advanced information resources to make early arrangements and make huge profits. However, this time, becoming a major shareholder of the bank was completely a business that came to him.

This also fully demonstrates that the Clover Group has grown into an important domestic information industry group and a large-scale technology resource enterprise with strong strength in Shu.

Hope Group accomplished a big event last year. Four brothers split up peacefully: the eldest brother mainly engaged in the electronics industry, the third brother engaged in real estate, and the second and eldest brothers used the Yangtze River as the boundary, "dividing the river and governing the areas separately". The second brother presided over "Eastern Hope" and the eldest brother was in charge of "Southern Hope".

In this process, it is natural that some asset replacement, guarantee, distribution and restructuring businesses arise, which require professional financial and capital support.

The boss found Sister Xiao Juaner. As the leaders of the feed processing industry and the food processing industry in Shuzhong, Boss Liu and Sister Xiao Juaner often met at national and provincial conferences, and both sides were familiar with each other. Boss Liu knew that Zhou Liu Niang Food Group had abundant cash flow, so he asked Zhou Liu Niang Group to help provide joint guarantees so that Hope Group could obtain sufficient capital turnover and meet the requirements of business division and integration.

Sister Xiao Juaner agreed, but not to withdraw from the cash flow of her own group. Instead, she told Boss Liu that the excess cash assets of her group were all managed by AXA Fund. AXA Fund itself has a strong background as an international accounting firm. If Boss Liu agreed to let AXA Fund be responsible for the industrial division of Hope Group, she would be relieved and could authorize AXA to use the assets of Zhou Liuniang Group entrusted to the foundation to help Hope Group through this period of risk.

At the same time, Sister Xiao Juaner also told Boss Liu that Zhou Liuniang Group’s custodial capital in AXA Fund is actually only a small part. As long as AXA Fund nods, your little thing will be a piece of cake for them.

Boss Liu was extremely surprised. He originally only wanted financial assistance, but he did not expect that Mr. Liu would also help recommend a professional financial solution provider and introduce AXA to divide the family, which was much more reassuring than doing it himself.

AXA can provide both financial guarantees and separation strategies, so the Liu family can save the trouble of having two owners, thus reducing the cost of separation. AXA has a deep understanding of the Liu family's industrial structure and capital strength, and is more confident in providing financial guarantees. This is a win-win situation.

The actual operation results also made the four brothers of the Liu family quite satisfied. Not only did they complete the division of industries, but the eldest brother Liu also took the opportunity to introduce a modern financial system to the group, embarking on a road of development. Another independent major shareholder of the bank, Shi Yuzhu, also has a close relationship with Clover.

Lao Shi started his career in Shenzhen by researching and developing desktop Chinese computer software, and later founded a company that mainly deals in desktop printing systems and Chinese cards.

By 1.19, Lao Shi moved the headquarters from Shenzhen to Zhuhai, upgraded the company to Juli High-Tech Group Corporation, and served as its president. The company expanded to a registered capital of million yuan.

In the same year, the design plan for the 38-story Juli Building was released. Later, the plan was revised again and again, and it was upgraded from 38 floors to 70 floors, making it the tallest building in China at that time.

Because the required funds exceeded 1 billion yuan, Lao Shi raised funds through social fundraising and selling pre-sale properties, and finally raised 1 billion yuan without borrowing from banks.

Last year, the construction of the first phase of the Juli Building started, and Juli Group's printing systems, Chinese cards, Chinese laptops, Chinese handwriting computers, etc. were also launched one after another. It became one of the first high-tech companies to introduce the Hanwen large font library, broadened the market, and became the second largest private high-tech enterprise in China.

However, the bankruptcy of King's Computer Company in the United States in the same year sounded the alarm for Old Shi, so he decided to transform Juli into the sales of health products, which was in its heyday. In order to raise funds for the building and worried about the strength of intellectual property protection in the domestic information industry, he finally decided to quit while he was ahead and resold the group's technology IP to the Clover Group in exchange for a huge sum of money to focus on the health products industry.

The Clover Group was of course happy to accept it, and Mr. Shi invested all of the more than 100 million yuan in transfer fees paid to the Juli Group into advertising for more than 30 new products in three fields.

As a result, because CCTV started to "crack down on counterfeits" and coupled with poor management, the health products industry quickly declined.

In addition, due to the excessive "blood withdrawal" from the Juli Building, construction funds soon ran out.

Although it had not yet turned into the "Juli financial crisis" that was reported extensively by the media in later generations, resulting in an unfinished building and eventually causing Mr. Shi to owe a huge debt of 2.5 million yuan, the signs of crisis had already appeared. Based on the existing strength of the Juli Group, it was impossible to guarantee that the project would be completed on schedule by .

Previous investors and people who purchased pre-sale properties who were well-informed had already heard the news and began to come to the door to ask for refunds. If things continued to develop in this way, construction of the building would inevitably be suspended for a year.

Old Shi was forced into a corner, so he turned to the Clover Group, with which he had done business before and which was so powerful that it offered him more than 100 million without blinking an eye.

Zhou Zhi is quite disgusted with Lao Shi's transformation into a health care product business to collect IQ tax from the people. However, in China today, many famous companies are doing this, and it cannot be blamed solely on Lao Shi.

So business is business, Zhou Zhi agreed that Clover Group would first provide "limited help" to Lao Shi, that is, to help take over the "pre-sale properties" in the hands of investors and the public, and become the main investor of Juli Building, and then decide how to invest and redistribute the property rights of Juli Building depending on the shortage of funds of Juli Building. (End of this chapter)