Riding the wind of rebirth

Old Shi has already prepared himself to take the knife. Even if the Juli Building ends up being a wedding dress for others, he is ready to take the knife as long as it can help him avoid financial and credibility crises.

However, the result surprised and delighted Old Shi. After the Clover Group used 100 million to buy out the investor's initial debt worth 200 million, it decided to invest another 200 million to make up for the funding gap of the Juli Building. At the same time, after rigorous financial inspections, the more than 800 million raised by the Juli Group was reduced to 500 million actual assets, and finally a 50-50 plan was configured.

In other words, Clover spent 300 million to acquire half of the property rights of the Juli Building, and the remaining half belonged to the Juli Group and the supporters behind it.

All in all, Juli Group and its remaining supporters lost 300 million yuan on this investment, but at least they avoided a survival crisis. The loss was reduced from a foreseeable total loss to a 30% loss, which can be considered a blessing in disguise.

The preparation work for the bank had actually been going on several years earlier. However, the initiators, Hope Group and Juli Group, encountered some operational problems at this critical moment. In order not to hinder the establishment of the bank, Lao Liu and Lao Shi each came up with a solution, which was to introduce a strong strategic partner as a shareholder.

However, Lao Liu nominated AXA Fund and Lao Shi nominated Clover Group, and the two sides almost quarreled at the preparatory meeting.

When Xiao Juaner found out about this, she almost died of laughter. She called the two of them to act as a peacemaker and said that AXA Fund itself was the main investor of Clover Group and their dispute was meaningless.

The final result, of course, is that AXA entered as a shareholder, and its share of shares is quite large. However, in order to meet the requirements of a domestic legal person, this AXA was spun off from the original AXA team. AXA also took the opportunity to further grow and became two funds, AXA International and AXA Development.

AXA International is responsible for managing Zhouzhi’s overseas assets, while AXA Development is responsible for domestic venture capital projects and managing domestic assets.

In this way, AXA Development became one of the 60 sponsors of China Minsheng Bank, making the number of shareholders complete.

In order to prevent a private shareholder from dominating the market, the equity structure of Minsheng Bank was extremely dispersed when it was first established. The largest single shareholder only held 6.54% of the shares, and the total capital was only 13.8 billion yuan. Therefore, the bank was a bank without a real controller from the beginning, and the largest shareholder's investment did not exceed million yuan.

This equity structure is designed to prevent Minsheng Bank from being controlled by other shareholders. The purpose is to prevent the majority shareholder from damaging the interests of minority shareholders. Although such a structure may lead to the disadvantage of an overly dispersed equity structure in the future, it is very suitable for now.

As a latecomer, the entry of AXA Development will inevitably change the equity structure of China Minsheng Bank. However, this change is not unacceptable because the proposal put forward by AXA Development is the "equity purchase" method, that is, paying part of the premium and acquiring the original shares from the existing shareholders.

This approach can benefit the majority of shareholders, because the shareholders facing the capital payment crisis are far more than just Juli and Hope. The entry of AXA Development avoids the risk of the original shareholders causing the bank to be "stillborn" because they are unable to pay the last installment of capital.

In the end, AXA Development invested 130 million yuan, which was 10% of the original capital initially planned, and acquired 5% of the shares, becoming the second largest independent shareholder.

Although he had gone through so many complicated things, Zhou Zhi still did not participate too much, and of course the matter was handed over to Li Laosan. Cousin Anxin had "returned to Hong Kong after completing her studies", so Li Laosan certainly did not continue to stay in England. He was also brought back by the old man to participate in the work of the Administrative District Preparatory Committee.

During the phone call, Zhou Zhi also expressed his gratitude for this investment opportunity that was "generously given" by others. He felt that he had worked hard to find projects in the past, but now a lot of opportunities have come to him.

However, Li Laosan felt that Zhou Zhi's sigh was a bit inexplicable. Do you really think that all the investment bureaus of AXA were dug out by yourself through intelligence analysis? You kid just cares too little about the management affairs of the fund. You don't know the world's thirst for investment and lack the awareness of big capital.

Do you really think that Buffett became a stock god by selecting stocks like retail investors? However, this investment was introduced through your connections, so you participated a little more. When the novelty wears off, you will get used to it.

Now that the bank has been officially established, it shows that Zhou Zhi’s investment this time is as successful as ever.

There was also good news in January. The base drove a bus to pick everyone up. After a year of rectification, the base once again welcomed launch missions.

"Everyone, be quiet! Let me explain the discipline!" Standing in the front of the bus, Zhou Zhi, like a tour guide, explained the discipline to a group of children, as well as the team leaders A Zi and Mai Xiaomiao: "When you arrive at the launch center, use your mouth, eyes, and brain more, but use your hands less. Remember not to touch what you shouldn't touch, and if you have any questions, ask the PLA brothers and sisters as much as possible. Maybe one day when you grow up, you will become a rocket expert. Such an opportunity is very, very rare, and everyone must cherish it. Do you understand?!"

"Got it!" The kids, along with A Zi and Mai Xiaomiao, shouted excitedly.

Ziqi Aguo raised her hand first. This girl was a little familiar with Xiaosheniu. Usually, she would be the first to break the situation: "Sister Luo, why did the country place the launch base here?"

The person in charge of receiving the children was a young soldier named Luo Yujuan, who had a bookish air and looked like a graduate of a military academy. Zhou Zhi also felt deeply how much the country now attached to the aerospace industry and how fresh forces were constantly pouring in.

Luo Yujuan was wearing a military uniform. Her temperament was not like the soldiers that were often seen in Zhouzhi. She looked more like Qin Haifeng who was doing experiments in the laboratory. She was also very young and only graduated a few years ago. She explained to everyone: "The reason why the country chose Liangshan Prefecture as the launch base is that it has two advantages of a natural launch site: low latitude and high altitude. Liangshan Prefecture is located at 28.2 degrees north latitude and 1500 meters above sea level. The launch inclination angle is good and the ground-to-air distance is short."

He then spread out the five fingers of his left hand as if he was holding up a hemisphere, and used his right hand to draw on the virtual earth: "The lower the latitude and the closer to the equator, the greater the centrifugal force caused by the earth's rotation. The higher the altitude, the shorter the distance from the ground to the satellite orbit. In this way, the rocket's payload can be increased with the same fuel, which means the rocket can carry more things."

After Luo Yujuan demonstrated this principle, everyone understood it very easily. Azi Richong even began to mutter: "It seems that being a rocket expert is not that difficult..."

Then Ah Zi pulled his ears. (End of this chapter)