Rebirth: The Financial Giant

The weekend of May 5th arrived as scheduled, and the attention of the global investment community was focused on the city of Ningzhou, and further on a street in the new financial center of Ningzhou.

Tiansheng Capital's annual general meeting of shareholders has become a major event in Ningzhou City. Investment professionals from all over the world from home and abroad have gathered in this city, and the recent days of the general meeting of shareholders have brought huge consumption.

In particular, the people who come here are almost all high-net-worth consumer groups, and their consumption is very strong. Some high-end consumption places are very popular these days, especially with the May Day holiday.

It has to be said that Ningzhou City has been turned upside down compared to five years ago. Five years ago, it was at most a big city in China, but today it has become more and more international and has attracted the attention of people from all over the world, because Tiansheng Capital The growing influence of the non-silver financial management giant is located in this city.

The scale of the number of participants in this shareholders meeting has set a new record, breaking through 20,000 people. For this reason, the venue for the meeting has also been moved from the indoor multimedia hall of the new headquarters of Tiansheng Capital to the outdoor, which is the outdoor square of the new headquarters. .

A third-party enterprise organization called Minghui took over the business of Tiansheng Capital. The new headquarters of Tiansheng Capital is not the tallest building in Ningzhou New Financial Center Street, but it is definitely a landmark building, and it occupies an area of The area is huge.

Now the land price in the center of Ningzhou, especially the new financial center street is sky-high The input cost is still thought of the doubling of asset prices.

After lunch time that day, around 2:00 in the afternoon, the participants arrived at the venue of the shareholders' meeting one after another. Lao Yang and several others were already at the venue, and the venue was already crowded.

People from all walks of life, such as the investment community and the media industry, were basically present, and there were more than 20,000 people at the scene. There are definitely millionaires per capita here, and it refers to the kind of cash that can quickly come out with millions of dollars. , Some unremarkable people are very likely to be billionaires. For example, Lao Yang is a plain-looking person who is a passer-by when he walks on the road, but he is worth hundreds of millions.

There is a rectangular platform on the big stage of the venue, which can hold five seats.

At about 14:25 in the afternoon, the 20,000 attendees who were present saw five people walking from behind the scenes to the front of the stage. The leader was Lu Ming, who was wearing a round-neck short-sleeved T-shirt today, with a summer look. Ri Qingliang's casual attire was in sharp contrast to the other four people who accompanied him in suits and leather shoes.

Dressing like this to attend the conference shows that Lu Ming participated in the conference in a relaxed and comfortable manner, and it is also a reflection of my site and I have the final say.

The appearance of this shape in front of people and on TV screens has a great visual impact on young people, because Lu Ming is also a young man, and he knows that he is only 28 years old this year. With such a casual style, it has restrained its maturity and made it look younger.

This can undoubtedly touch the psychological and emotional fluctuations of young people of the same generation, and maybe they have dreams again. After all, dreams are the most valuable things in this world.

When Lu Ming appeared in everyone's field of vision, there was an overwhelming applause, especially some of his fanatical believers, watching Lu Ming on the big stage screen cheered continuously.

This is the appeal and influence of a brother today.

Lu Ming came to the rectangular table and took a seat. He sat in the middle seat. The other four people were also heavyweights of Tiansheng Capital. They were Qi Wei, the direct head of the overseas QDIE fund, Ge Feng, the head of the primary market, and Tiansheng. Gao Hua, member of the board of directors of Sheng Capital and head of the new energy sector, and He Jianfei, one of the independent directors.

After that, Lu Ming put the stack of paper documents in his hand on the table. Qi Wei and others were also sorting out the materials or typing on the keyboard on the laptop on the table to debug.

At this time, the applause and cheers from the scene had fallen, and the venue gradually quieted down, but there were still some fragmented discussions.

After a while, Lu Ming broke off the microphone in front of him, knocked on the microphone to confirm that it was running normally, and calmly said to the more than 20,000 participants in front of him: Good afternoon, everyone, welcome to Tiansheng Capital's 2019 Annual General Meeting of Shareholders, first of all I want to talk about Ming Fai, an important organization that can make our event here today, this is the result of Ming Fai's operation, and our guests today set a new record, surpassing 20,000 for the first time.

The people from Minghui Company came here at about 3:00 this morning. In fact, they started preparing their work the day before yesterday to help us handle all the details of the conference properly and have a plan. We hire such organizations and talents to help us. We organize such a large-scale event, they are very professional, and the local people in Ningzhou are also very happy to see you coming.

The local people in Ningzhou are naturally happy and welcome, especially the local business people. These people who participated in the conference also brought huge consumption power.

Now many locals in Ningzhou are watching this grand event, because the whole event is live broadcast to the outside world, and the domestic financial channel also opened a column today to directly hit the scene.

Lu Ming in the seat started the speech with a few simple words, then looked back, looked at the materials on the table, flipped through and continued: First of all, let's look at the financial report we just released a while ago, it is the first quarter of 2019. The revenue was 553.196 billion yuan, or about 82.15 billion U.S. dollars, which is actually very similar to the same period in the first quarter of last year.”

Lu Ming looked at the audience again and said, The other thing is about Tianchi technology. There are also a series of special notes on these figures in this report. When the financial report was released, it was already published when we submitted our financial report. We have a 70% stake in Chi Technology, and our stake will remain at 34% after the IPO on the Science and Technology Innovation Board.”

We do it in ways including but not limited to equity financing, and some are unallocated values, so Tianchi technology will affect the results we report in accounting. Of course we have control in Tianchi technology, so It is very important to report Tiansheng's dividends and earnings. Tianchi Technology has not submitted a quarterly report, so when the first quarter of 2019 is reported, we will report some of our ratios and figures, because we do not have these figures yet , so the performance of Tianchi Technology is not included in these reports.”

I'm more concerned now that not everyone has taken accounting in school, but that's what some accounting standards call for. The numbers and the scale of it, and the media coverage, I encourage everyone and today All the media here, including the self-media people, should pay more attention to our operating income, not to talk about the so-called capital gains, and not to pay too much attention to how high the Tiansheng Composite Index is.

Tiansheng's capital gains are mainly reflected in the rise in asset prices, mainly the rise in its holdings of stocks, and the company's main business is to invest in stocks, because throughout all the financial investment varieties in the world, the returns from investing in stocks are the highest, especially This is even more so over time periods.

But most of the stocks are floating profits, especially the domestic assets held in the big A stock market. The gains of the stocks are doubled or even several times.

On April 22, it was announced that it would reduce its holdings by 2%, and it would give you the limit on that day, which quickly dropped from 88 yuan to more than 62 yuan, evaporating more than 450 billion in market value.

For the constituent stocks of Tiansheng Shang 50 and Tiansheng Shenzhen 100, among these 150 targets, there are currently 133 target positions that account for more than 5% of the total share capital, and many even exceed 30%. Illegal operations, it is not easy to make a stock exchange.

However, after the 150 target Tiansheng Capital entered the market at the bottom since the stock market crash that year, it would not easily move, ignoring the speculative fluctuations in the capital market. One is that the current cost of holding positions is really low. The price is below 200 yuan per share, and it is not an exaggeration to say that the floor price is not an exaggeration. In the future, it is not a problem to lie down and pay dividends and further reduce the cost to below 150 yuan.

The underlying assets of these more than 100 core assets are basically the same, and the price of chips is on the floor.

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