Chapter 13 Yuanfeng Group

This kind of thing is of course just a spice for Ye Shikun's life.

When he came to Shanghai, playing flowers after investing was a way for him to anesthetize and relax himself, but deep down, he still had a deep obsession with the sense of accomplishment of standing at the top of the board of directors of Yuanfeng Group again, and that a single decision could affect a group company with more than 50,000 employees and indirectly feeding millions of farmers.

This is also the ideal that he has been instilled in since childhood!

The beauty of the country, for Ye Shikun, the beauty is certainly sentimental and moving, but the country is the most important!

Although Yi Feng only mentioned "no break, no stand" in the evening, Ye Shikun did not express his position at that time, but he was already a little moved in his heart.

The next day, as soon as he came to the company, he turned on the computer and began to study the stock price trend of Yuanfeng Group in the recent period.

Yuanfeng Group, founded in 1983, was originally a collective enterprise under a poor county on the Sanjiang Plain, founded by Ye Lanting, who returned to his hometown after retiring from the army, with two comrades-in-arms from the same township and a few like-minded relatives.

After more than 20 years of development, Yuanfeng Group has developed into the largest modern agricultural group in China, and it is also the largest private farm with the largest cultivated land and the highest degree of mechanization, and the largest private agricultural listed company in the country.

With the development of the times, Ye Lanting with high wisdom, means and connections, through the group's huge repurchase of equity, successfully solved the original equity relationship with the local government, making the Ye family become the controlling major shareholder of Yuanfeng Group, and the nature of Yuanfeng Group has also become a pure private company.

In 2007, Yuanfeng Group was successfully listed on the Shanghai Stock Exchange and landed on the A-share market, and its market value exceeded 50 billion yuan on the day of listing.

Ye Lanting also relied on his 34.49% stake in Yuanfeng Group, with a net worth of 18.3 billion, ranking 19th on the Forbes China Rich List that year.

The timing of Yuanfeng Group's listing was very good, it was at the peak of the A-share bull market, the market rushed to 6124.04 points, and Yuanfeng Group went on the daily limit after listing, and the stock price reached 39.85 yuan at the highest time.

However, the good times did not last long, the stock market crash broke out, and all A-share stocks plummeted off a cliff.

Although the agricultural sector of Yuanfeng Group is a little better, it is not as bad as the financial, technology, real estate, energy and other sectors, but the stock price has also been cut in half, and the lowest share price of Yuanfeng has fallen to about 10 yuan, which is almost 3/4 lower than the highest......

Ye Shikun, as the general manager in charge of operations, was impeached and kicked out by the board of directors, although it was mainly because his reform measures touched the interests of too many veterans, and a large part of the reason was to blame the company's performance in the capital market.

However, generally speaking, the agricultural sector is a relatively value-preserving sector in the stock market crash.

After all, "the people take food as the sky", and the country will not look at the problems of large enterprises like Yuanfeng Group, which care about people's livelihood, with a large number of public funds increasing their positions, the stock price of Yuanfeng Group has begun to rise slowly in the past two years.

Ye Shikun took a look, after entering 09, in the recent period, Yuanfeng's stock price has fluctuated in the range of 23 yuan to 26 yuan.

Today's stock price opened at $24.15.

Agricultural listed companies have a hard time this year, 08 years are the history of the rare international financial crisis of the serious impact, many years without natural disasters (floods, droughts), domestic and foreign agricultural products market abnormal fluctuations...... All of this has a huge impact on the production and operation of domestic agricultural companies.

Yuanfeng Group is no exception.

Yuanfeng Group is mainly engaged in land contract management, production and sales of rice, corn, soybean and other food crops, production and sales of urea, development, consulting and operation of technology, information and service system related to planting production and processing of agricultural products, retail of chemical fertilizers (only branch operations), and real estate development and sales.

As the largest and most modern private listed company in the planting industry in China, Yuanfeng Group has obvious advantages in terms of scale, resources, technology, equipment, management and green products, and is at the leading level in the same industry.

Its main industrial base is in the Sanjiang Plain, and it also has industrial layout in Inner Mongolia, HB, SC and other provinces. It has 23 branches and 11 subsidiaries.

There are two main types of subsidiaries, one is related to the industrial chain such as seeds, urea, food and other companies, and the other is to develop new businesses, such as real estate, hotels, resorts and other industries.

In addition, under the leadership of Ye Shikun, Yuanfeng Group also participated in a bank and invested in a number of financial, innovative and technology-based agricultural companies.

With a total of 54,000 employees, the group can be said to be a behemoth among domestic private group companies.

Despite the big business, Yuanfeng is also very conservative in the overall strategic development, especially in the main business.

Ye Lanting and the veteran shareholders on the board of directors all started from the fields, and they believe in the word "stability", knowing that the foundation of agriculture is actually very fragile, and that a natural disaster may cause a large-scale crop failure, and a single decision-making mistake may affect the livelihood of hundreds of thousands of farmers.

Therefore, it is normal to have doubts about the transformation of "high-tech agriculture" proposed by Ye Shikun.

However, under the general trend of China's entry into the WTO and economic globalization, this kind of conservatism is sometimes very passive......

In the negotiations on joining the WTO, China promised to reduce tariffs on agricultural products, abolish non-tariff measures, and open up markets for agricultural products; it also promised to restrain domestic agricultural subsidies, abolish export subsidies, and standardize animal and plant health measures.

This is a great pressure on Yuanfeng Group's main products, soybeans, corn and other imported sensitive products.

Compared with the highly mechanized and large-scale agricultural production abroad, the production cost of domestic agricultural companies is relatively high.

With the continuous spread of the financial crisis, the downward pressure on the prices of agricultural products has increased, exports have been blocked, market demand has shrunk seriously, and the difficulty of migrant workers to transfer employment has become particularly prominent.

In 2008, Yuanfeng Group's total revenue was 6.5 billion yuan, and its profit was 640 million yuan, down 3.8% from 2007.

To be honest, as a listed company with a market value of nearly 50 billion, this profit is not as much as what Ye Shikun earned by playing investment last year!

The listing of the two companies he invested in on the NASDAQ alone has brought him a 50-fold increase in revenue!

The investment of 10 million US dollars in the early days, and now the market value of the shares of those companies he now holds is more than 500 million US dollars, Ye Shikun cashed out a large part of it when he went public, and last year, the investment income was nearly 300 million US dollars, which was converted into RMB - 2 billion!

How can this not make those who are struggling to run traditional industries red-eyed?

Now that those people want Ye Shikun to go back, they probably hope that he can use his financial and investment capabilities to add some new sources of income to the group......

This is not what Ye Shikun wants!

Either he won't go back, or if he does, he will continue to reform vigorously!

He wants to appear in the Yuanfeng Group again as a savior, instead of being a pawn to be used!

…………

I took a look at the current trend of Yuanfeng's stock price, the current situation of outstanding shares in the market, and the current shareholding of the top ten shareholders.

Ye Shikun leaned back in his chair, lit a cigar, looked out the window, pondered for a moment, and pressed the intercom on the table.

"Jingyan, come in. ”