Rebirth: The Financial Giant

The time comes to May 5th, and the much-anticipated Tiansheng Capital Annual Conference will be held today.

The eyes of the domestic and even the investment community are now focused on the Tiansheng Capital headquarters in Ningzhou, and a large number of overseas investors are also staying up late to pay attention.

The influence of Tiansheng Capital's annual shareholders' meeting is more than one year, and its impact on the capital market around the world is increasing day by day. As investors, especially large institutional investors, you have to pay attention, otherwise what will happen? The news was delayed by half a beat.

However, this shareholders' meeting is different from the past. Because of the influence of Y love, this year's shareholders' meeting was held entirely online. Lu Ming and the other core executives attended by his company faced tens of thousands of people in the multimedia hall. Empty chair for question and answer.

The conference has been set up, and there are still a few minutes before the entry time.

At this moment, Lu Ming is paying attention to the latest trend of international oil prices. The price of WTI crude oil futures has gone out of five consecutive days in the past five trading days. Oil prices are priced at -$40.32 per barrel, which has accumulated +163% in just 11 trading days, reaching as much as 1.6 times.

How are the talks between the upper management and the old American side? Lu Ming has not received any news about the latest situation, but through the sharp and rapid rebound in oil prices, the price of WTI crude oil futures has touched $25, indicating that there should be some substantial relationship between the two sides. progress.

"Chairman, it's time." At this moment, a staff member came to remind.

Lu Ming immediately put down the screen equipment in his hand and entered the venue with several board members Gao Hua and Xue Zhongming. Last year's shareholders meeting was held in a venue that accommodated tens of thousands of people in the square outside Tiansheng Capital's headquarters.

This time, it was in the company's indoor multimedia hall, but it was also very large enough to accommodate tens of thousands of people.

But now it seems quite deserted, there are only some staff members and people from the media, and there are even more cameras and lens equipment than there are people, whether it's Lu Ming or other staff members on the scene.

The scene seemed deserted, but the online was very popular. At present, the shareholders meeting of Tiansheng Capital is being screened online. There are those who are really participating, and there are also many netizens who are eager to join in the fun.

The audience saw that in the live broadcast, Lu Ming and several people entered the venue wearing masks.

The meeting also proceeded on time. After a brief opening remarks, Lu Ming continued: "This is the first time that we have held a shareholders meeting online. Last year, the venue was full. It's all full. At this time last year, no one would have imagined that such a crazy love affair would happen this year, it's a very big impact, a very drastic change."

"First of all, let me introduce the five board members of our company. According to the usual procedure, we will first show you the company's earnings in the first quarter. Recently, the results of the first quarter have caused huge controversy in the outside world, but this In fact, it is not a bad thing. In fact, our first quarter performance was not as bad as the outside world said, and we are satisfied with the first quarter performance.”

As soon as these words came out, all the investors watching the live broadcast of the shareholders meeting in front of the screen had several question marks on their foreheads.

What does this mean?

Regarding the issue of the performance of the first quarter, what Lu Ming has to do is to say half-heartedly at today's shareholders meeting, because Tiansheng Holdings has now been ST, the daily rise and fall has changed from the previous ±10% to ±10%. 5%, it can be appropriate to break some news.

After Tiansheng Holdings was ST, it has restricted the entry of many institutional funds. In principle, many large public funds cannot buy ST shares, and private funds are also limited to 5% of the position ratio.

In this way, it is also very good to control the influx of a large number of OTC funds. On the contrary, some institutional funds still have to go out.

"Invincible begins with the sacrifice of ancestors"

As soon as the shareholders meeting started, Lu Ming gave everyone a surprise, but how credible what he said was, because there was still no direct answer to this question, many people still had doubts.

At the same time, Lu Ming still spoke calmly and decisively at the shareholders meeting.

“…The impact of Y love on the entire macro economy is currently the capital market is very concerned about, but I believe that it is not only driven by events such as Y love, but the entire operation path and logic behind it are closely related to the capital market. of."

"Actually, to a certain extent in the capital market, the micro and macro factors are not particularly large, and you are more about discovering excellent companies and excellent profit growth, which is the part that we traditionally refer to as value investing. "

"Of course, a small part of the value investment part is related to the big macro, such as industrial structure, industrial life cycle, etc., so you will find some experienced investors in the market. In addition to the company itself, it will also study the entire life cycle of the industry chain where the listed company is located. UU Kanshu www.uukanshu.com”

"In China, positive policy guidance and driving are actually crucial to the development of a certain industry or a certain industry, and sometimes when our positive policy is turned, it will also have a certain impact on the life cycle of some industries. , which in turn affects the estimate of its value component.”

The most typical example of Zhengce's influence is the education and training industry. Once Zhengce came out, the entire industry basically disappeared. Of course, Lu Ming did not say at the shareholders' meeting at this time that the education and training industry is still hot.

However, Tiansheng Capital has never entered this industry. In fact, this is what has always been very incomprehensible to the outside world.

For example, Zhonggong Education has continued to hit a record high. In the past two years, it has increased by more than 7 times. The most surprising thing to the outside world is that in the past corporate analysis and research reports of Tiansheng Capital, it has also published optimistic about Zhonggong. The report on public education, but I do not own it.

Salary East is also constantly hitting record highs. Y love has not had much impact on the education and training industry, but because Y love has been strengthened, especially in the online education industry.

The shadow of Tiansheng Capital has never been seen in education stocks, and not buying education stocks is already a major feature of Tiansheng Capital.

At the shareholders' meeting, Lu Ming continued to eloquently said: "The other layer is the impact and impact on the capital market in the real macro sense, which is more due to our liquidity, including the A very subtle factor similar to market confidence, why talk about this? Because since this year, an important factor affecting the global capital market has emerged.”

"This factor is actually for all our investors, whether professional institutional investors or ordinary retail individual investors, may need to pay close attention."

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