Rebirth: The Financial Giant

In today's meeting, Lu Ming invited Lin Qiang and other investors who represent the capital market to discuss this matter, just to provide financing for promoting the "Qixian Model" in the future. Tiansheng Capital does have money, but Tiansheng Capital alone is not enough. , even if a family can do it, they can't do it.

Lu Ming watched the crowd spread their hands and said: "Isn't there a need for mixed-ownership reform now? State-owned enterprises are required to combine their assets with private capital to improve their so-called management efficiency, so why can't these assets invested in rural areas be turned into rural areas? Collective assets? The upper levels should carry out the 'three changes' reform and promote the reconstruction of the new rural collective economy..."

Having said that, Lu Ming pressed the small remote control again. The conference screen was a set of puzzles, some rural areas in Qixian County, mountains, water, fields, forests, lakes, grasslands, and some infrastructure in the countryside.

Lu Ming further said: "These assets are originally within the scope of the village collective, as everyone knows, if all the village collectives are bounded by the administrative village, the territory of the administrative village is the property right boundary, as long as they are in this area. Within the geographical scope, all the assets formed by investment should become the fixed assets of the village collective.”

"In this way, we can directly put tens of trillions of huge fixed assets into shares in five to ten years in the short term, and there are still about 500,000 administrative villages or about two million left. natural village.”

"If the assets of tens of trillions or even trillions of billions are invested in 500,000 administrative villages, how much will each one have on average? At least there must be tens of millions, right? In this way, these village collectives' A cadre is the person in charge of a company with assets in the millions or tens of millions. With reference to the Qixian model, Qiming Fubon, which went public yesterday, isn't it?"

Lu Ming pressed the small remote control again, looked at the big screen of the conference and said, "At the same time, we are promoting the corporatization of rural collectives in Qixian County, and investing the main government into the rural infrastructure and local ecological assets. Resources are quantified to each household, so that each household becomes a shareholder, so that everyone has a sense of ownership, isn't this the 'village-to-shareholder' required by the upper levels?"

"When promoting the Qixian model, we asked the villagers to share the ecological resource assets they own, such as how many mountains, how many waters, how many tidal flats, etc. Resource assets are quantified to the collective as shares, which improves the foundation of the villagers' property income."

"At the same time, it means that the village collective economy has obtained the property base for corporatization reform, because I give you an asset, and you get an asset. Only with this kind of consideration can those non-standardized resource assets be made available. Get asset prices that can be normalized.”

"At the same time, there is no need to demolish all kinds of houses in the village, especially many old houses with historical value, which can be completely preserved and turned into property assets of the village collective. The productive facility assets formed by the government’s investment are fixed assets, there are also a large number of resource assets in the village, and many property assets in the countryside are a huge stock of assets.”

Having said that, Lu Ming continued to press the small remote control in his hand again, and put the content structure diagram of Qiming Fubon's market value, top-level design, etc. on the big screen of the conference, and then looked at everyone and continued:

"Take Qixian as an example, which was a national poverty-stricken county last year, and take Qixian as an example to make the most conservative estimate. Qiming Fubon's current market value is 20 billion yuan, and it has not been hyped up. The valuation is relatively reasonable. There are more than 1,300 counties across the country, and if we assume that we can get a Qiming Fubang in each county in the future, it will be an asset with a market value of 26 trillion."

"The core assets of Qiming Fubon are still the ecological resource assets of more than 300 administrative villages or natural villages in 5 towns and 13 townships, which support Qiming Fubon's 20 billion market value, and only get 49% of the 5 towns and 13 townships. If all ecological resource assets are quantified, it means that the 26 trillion will have to be doubled, exceeding the market value of 50 trillion.”

"Does these tens of trillions roughly correspond to the sunk costs that the country has invested in rural areas since 2005? This is still obtained from a poor county that has just been lifted out of poverty and has no valuable mining resources or developed industries. Data, what about those with mines? What about those with industries? So is its valuation high? Not high at all, it must be underestimated in view of the prolonged time period.”

good guy!

Everyone was shocked when they heard it. It was like talking about the scale of 50 trillion. No wonder he wanted to invite everyone to talk about this matter. do this thing.

More than 1,300 companies with a market value of 20 billion have gone public, and the heads of several brokerage institutions, including Cailian Securities, have all eyes lit up when they hear this number.

Lin Qiang, who was sitting in the front row, crossed his legs and joked, "Brother, if on average every county can get a 20 billion listing like Qiming Fubon, the big A has to be squeezed clean and not a drop left. rhythm."

The two hundred people in the meeting immediately greeted a burst of laughter. According to Qiming Fubon’s financing of 2.188 billion from the capital, the whole number is 2.1 billion. Assuming that 1,300 companies of the same size are listed, it means 2.73 billion in financing from the capital market. trillions.

Not to mention that there are other big companies waiting to be listed in the queue, and investors still have the rhythm that the whole big A is estimated to lie flat.

Of course, if you really get more than 1,300 people into the big A, it will definitely not be one or two years, nor three or five years, but at least ten years.

However, amid the laughter, this group of investors already had some ideas in their hearts. The excess financial capital also needs to find a place to live for a long time. If this can be done, it will be incredible.

"Mr. Lin's structure is small." Lu Ming said with a smile on his face and said lightly: "Although the big A-share market is the second largest stock market in the world after the US stock market, the current total market value of the A-share market is over 60 trillion. , while the total market value of U.S. stocks is now $46 trillion, or about 310 trillion yuan excluding exchange rate changes.”

Lu Ming looked around at all the participants and continued: "They all say big A, but in front of the size of the US stock market, it can only be regarded as a small A, even if 1,300 companies of the same magnitude of Qiming Fubon are brought in as I just said, The total market value of A-shares is only over one trillion yuan, and it is only about one-third of the volume of U.S. stocks."

"Our country's economic size is already in the same order of magnitude as the old United States~www.novelmt.com~ According to the evaluation of purchasing power, it has already surpassed the old United States. Even according to the current usual indicators, surpassing is not a possible problem, but It is a matter of time, but the ratio of our stock market to GDP is compared with the ratio of US stocks to the GDP of the old and the United States, our proportion is very small, and our money is deposited in the property market."

"But the end of the property market has really come to the point where it can be seen at a glance. This currency reservoir can no longer expand as it has in the past few years. The currency must be diverted, and the unbridled influx into the commodity market cannot cause skyrocketing prices. , the reservoir that can be accommodated by future currency increments is only big A.”

Hearing this, everyone in the meeting looked at each other in dismay, and Wang Yue, the CEO of Wanxiang Group, immediately smiled and said, "Brother Lu, you said that our stock market should replace the property market and become the future currency reservoir? Are you sure you mean it? Our stock market Can you take on such a big responsibility? Our stock market is... horrifying, it's hard to say anything."

The major investors present at the meeting could not help but let out a low laugh. The reaction of these institutional investors is enough to explain everything. It is definitely necessary to support Big A when they say it publicly. It will change, but I know very well what Big A is now.

Lu Ming showed strong confidence in the ability of Big A, but everyone really didn't have that confidence.

...