Chapter 518: Huaxia Bank's Restructuring Turmoil
readx; On Huidong New Road in Shanghai, outside the office building of Huaxia Bank's Shanghai branch, a large number of reporters are crowded, all of whom are trying to get some insider information from Huaxia Bank's core executives to report. Pen, fun, and www.biquge.info
Huaxia Bank Shanghai Branch, as the largest core branch of Huaxia Bank, is in charge of most of Huaxia Bank's commercial investment business, and Li Yan, the general manager of Huaxia Bank Shanghai Branch, is not a simple role, before Chen Jingyun started Chen Jingyun was Chen Jingyun in the Chen family's Fuding Textile Factory as the general office, and then was transferred to Huaxia Bank as the head of the second investment department, the second investment department is mainly responsible for investment in domestic light industry, and the first investment is responsible for investment in domestic heavy industry and other basic industries. Later, due to his outstanding work, he was transferred to Shanghai and served as the general manager of Huaxia Bank Shanghai Branch.
As the core senior management of Huaxia Bank system, Li Yan knew as early as last month that the Economic Development Department and the Ministry of Finance jointly proposed to split Huaxia Bank, and at that time Li Yan also went to Nanjing, and Huaxia Bank's other more than ten core executives held several meetings, the core of the meeting is naturally how to face the huge pressure from the Economic Development Department and the Ministry of Finance, in addition to the Chen brothers, there are Li Yan and other core professional managers, in addition to other major shareholders of Huaxia Bank, Including Sheng Xuanhuai.
Although these core executives held several meetings, they were unable to come up with any effective ways to fend off the crisis.
Because to some extent, the affairs of Huaxia Bank are not only the affairs of the company itself, but the affairs of the whole of China, and only Chen Jingyun is qualified to determine the direction of Huaxia Bank, which is not only known to many executives of Huaxia Bank, but also to Ma Yinchu and Zhuang Nan, two people in politics, so the two sides will work around persuading Chen Jingyun for almost a month. Huaxia Bank has come up with a large number of data to show the harm of splitting Huaxia Bank and the harm to the entire Chinese economy, and the Zèng government is also using a large amount of data to show that Huaxia Bank is a cancer for the entire Chinese economic system.
Both sides want to persuade Chen Jingyun to support themselves, but in fact, Chen Jingyun doesn't want to support anyone!
The Zèng government has his reasons for wanting to split Huaxia Bank, and Huaxia Bank also has reasons for not wanting to be split, and for Chen Jingyun, the whole country is ruled by him, and the interests of Huaxia Bank should be considered, the interests of the country should be considered, and his personal interests should also be considered.
For example, after the split of Huaxia Bank, Huaxia Bank's influence on the entire Chinese economy was lost, which was a weakening of Chen Jingyun's power. If it is not split, Huaxia Bank's influence on the entire Chinese economy is too great, and the entire Chinese economy may be kidnapped by Huaxia Bank, although Chen Jingyun occupies 70% of the shares in this Huaxia Bank, the entire Chen family occupies up to 75% of the shares, and then there are 25% of the shares controlled by many wealthy families in China.
In order to solve this matter, he has summoned the economic personnel of the Zèng government many times, Ma Yinchu, Zhuang Nannai and Anwarin have held many meetings with Chen Jingyun for this matter, and Chen Jingyun also talked with Huaxia Bank, that is, his two cousins and several other executives of Huaxia Bank, trying to find the most optimal solution.
Because of this matter, both sides have prepared countless materials to defend themselves.
After a month-long debate between the two sides, things are probably clear, and at this time, the news that Huaxia Bank is going to be split has also been revealed, causing stock market fluctuations, in order to minimize the significant impact of Huaxia Bank's restructuring on China's economy, Chen Jingyun finally made a decision based on the month-long debate between the two sides!
Huaxia Bank must be split, which is not only what the Zèng government is striving for, but also Huaxia Bank itself has said that it can be split and reorganized to a limited extent. However, how to break up, how to protect China's economy from the collapse of Huaxia Bank's restructuring, how to effectively ensure the continued high-speed growth of China's economy, and how to effectively protect the interests of Huaxia Bank's existing shareholders are the focus of contention between the two sides.
On the issue of currency issuance, which was the focus of the dispute between the two sides, Huaxia Bank proposed that the currency issuance right could be nationalized, but Huaxia Bank must also be compensated for the huge price it had paid to unify the domestic currency, and proposed that Zongyāng Bank and Huaxia Bank could jointly issue currency, but this proposal was rejected by Zhuang Nan from the Ministry of Finance.
Zhuang Nan claimed: "The nationalization of the right to issue currency is a must-do, and this is the same as the need to take back the tariff autonomy, which are the two things that must be done for China's economic development!" ”
In the face of so many problems, the first thing to solve is the right to issue currency, the Ministry of Finance will establish the Bank of China as the zongyāng bank, which is used for currency issuance, treasury bond issuance, and tax deposit and other national financial business, in addition, zongyāng bank will also exist as a banking regulator, and other domestic commercial banks must accept the supervision of zongyāng bank, and at the same time pay a deposit to zongyāng bank. This basically dismantled nearly half of Huaxia Bank's business.
In addition, due to the temporary lack of necessary business institutions and related business departments of the newly established zongyāng bank, zongyāng bank acquired all the treasury bond issuance, currency issuance, tax deposit and other business departments of Huaxia Bank from Huaxia Bank, and the acquisition amount was as high as 300 million yuan. If the interest on treasury bonds is included, then the Ministry of Finance needs to pay at least 400 million yuan in order to recover the right to issue currency from Huaxia Bank. And the reason why so much money was given is not that the institutions sold by Huaxia Bank are worth so much, but that the Zèng Mansion is to compensate Huaxia Bank by recovering the right to issue currency, you must know that Huaxia Bank spent a lot of effort to make Huayuan a unified currency of China.
After this most critical issue was decided, it was the turn of Huaxia Bank to split and reorganize, and the split and reorganization of Huaxia Bank was also strongly requested by Ma Yinchu and Zhuang Nan, and this was also strongly opposed by Huaxia Bank, and the Chen brothers said that if only a small amount of business was split, there would be no problem, and if a large-scale restructuring was carried out, then Huaxia Bank would fall into a complete collapse.
At that time, when arguing with Ma Yinchu, Chen Jingsheng, the chief financial officer of Huaxia Bank, said to Ma Yinchu unceremoniously: "It is easy to split, but after my Huaxia Bank is split, it will cause a heavy blow to the national economy, can you afford this responsibility?" ”
And this is what Chen Jingyun is most worried about, now the domestic industry is in a period of great development, all walks of life are developing rapidly, if this time as the leading Huaxia Bank is split and collapsed, then the original Huaxia Bank controlled by the enterprise will lose development funds, or take the Southeast Iron and Steel Company as an example, in the next one or two years in addition to Huaxia Bank, other banks and even the Ministry of Finance can not take out, not to mention Fule Electric, The time has come for a large number of enterprises controlled by Huaxia Bank, such as the two major shipyards and several major military factories, to need a lot of capital.
However, Huaxia Bank's important surname to the national economy is also the most fatal point of Huaxia Bank, and its impact on the national economy is so great that a large number of domestic economists such as Ma Yinchu and Zhuang Nan have tried their best to dismantle this deformed monster.
For this reason, after careful consideration, Chen Jingyun still chose a compromise plan, Huaxia Bank will not be split for the time being, but will carry out asset restructuring, and force Huaxia Bank to sell some of its assets, such as some of its wholly-owned holding enterprises, must sell some of its shares, so as to reduce its overall impact on the national economy.
And Hua Xia Bank has promised to reduce its direct capital investment in its enterprises in the future, but to provide loans!
In the past, Huaxia Bank was not simply a commercial bank, its operation model was more like a group company, it borrowed funds from foreign countries, zèng government and even currency issuance, and then directly invested the money in various industries, and the main profit model was directly from the profit dividends of its subordinate enterprises, rather than the loan model used by other banks. Hua Xia Bank's previous investment model was to hold rather than lend, which is why Hua Xia Bank has controlled many companies.
The same business model has also made Huaxia Bank the most indebted enterprises in China, including loans from the Zèng government, the total amount of loans from foreign consortia exceeded one billion yuan, most of these money have been invested in major enterprises, aside from these debts, after the joint calculation of the Ministry of Finance and Huaxia Bank itself, Huaxia Bank's current total assets are as high as 3.4 billion yuan, including 1.3 billion yuan in liabilities, net assets of 2.1 billion yuan, several hundred million of these assets are treasury bonds that can only be seen in the past few years, That is, the Ministry of Finance in order to acquire the right to issue currency and the compensation of related business channels and the previous Huaxia Bank to support the civil war purchased a large number of treasury bonds, and most of the remaining assets are the assets of the major enterprises under it, and its own cash flow is only about 100 million yuan.
In this way, by selling some non-core assets, Huaxia Bank can quickly gather a large number of modern and then invest in some important basic industries, which is Chen Jingyun's personal idea!
And for the people of the Ministry of Finance, it is not enough to reorganize, what they want is to split Huaxia Bank, and it is something they can't bear to control the lifeline of the national economy by a company, but Chen Jingyun is only allowed to reorganize Huaxia Bank wholeheartedly, and there is no way for the Ministry of Finance to do so, but Zhuang Nan is not simple, and soon he proposed that the Ministry of Finance can also invest in Huaxia Bank and occupy a certain proportion of shares, and the payment mode for the acquisition of shares is still treasury bonds, This suggestion was collectively opposed by all shareholders such as the Chen brothers and Sheng Xuanhuai, and Chen Jingyun's state holding Huaxia Bank was not very interested, the biggest reason was that the state could not take out so much money to control Huaxia Bank, unless he Chen Jingyun was willing to give private shares to the state, but from Chen Jingyun's point of view, there is not much difference between the shares in his hands or in the hands of the state, and it is more convenient to use them in his own hands.
As a result, the matter of the state-controlled Huaxia Bank is over!
The restructuring of Huaxia Bank, and the restructuring of the surname is restricted, which is a great blow to Huaxia Bank, which means that Huaxia Bank will be forced to sell many excellent assets, and these assets are providing a lot of profits for Huaxia Bank every day.
For example, Tongkui Pharmaceutical, a pharmaceutical company wholly owned by Huaxia Bank, has continuously exported antibiotics to the European battlefield, which not only brought back a large amount of valuable foreign exchange to China, but also provided a lot of tax revenue for the Zèng government, and more importantly, Tongkui Pharmaceutical has provided Huaxia Bank with huge cash flow, becoming the most profitable core asset of Huaxia Bank.
However, such a core asset is to be forced to sell 49% of the shares, which is a heavy blow to Huaxia Bank!
This model of forcible restructuring is already a serious violation of the concept of the market ziyo economy, but for China now, the order of the administration or Chen Jingyun cannot be violated.
At present, Huaxia Bank's biggest role for Chen Jingyun is still to invest in some cutting-edge directions and invest in some basic scientific research. You must know that the major laboratories under Huaxia Bank almost monopolize all the scientific laboratories in China, and the laboratory funds of several universities such as Southeast University and Běi Jing University are almost all provided by the major enterprises under Huaxia Bank, in other words, Huaxia Bank. The nuclear physics laboratory directly under the headquarters of Huaxia Bank was set up by Chen Jingyun himself, and the scale of investment in the early stage alone is as high as 500,000 yuan, which is not possible even with the current national strength.
At present, China's industrial development is not a national investment in scientific research, but an investment from major enterprises, or the investment of Huaxia Bank, and although the amount of these investments is huge, but the profits obtained by Huaxia Bank are also huge, such as Fule Electric's investment in electrical and radio is also huge, but it is also a huge profit income for Fule Electric, and for example, the antibiotics of Tongkui Pharmaceutical have become a symbol of scientific research and income. Huaxia Bank has invested more than one million dollars in the research and development of antimicrobials, but the profits are calculated in tens of millions or hundreds of millions, and it is precisely because of the large number of potential profits that many Chinese enterprises have been very active in scientific research and production, and some innovations continue to emerge.
Because it has many functions, this is also the reason why Chen Jingyun must preserve the main business of Huaxia Bank!
5。 On the 22nd, the National Daily officially reported the establishment of China Zongyāng Bank and the news of the upcoming restructuring of Huaxia Bank, which was a major earthquake for China's economy, but because the previous speculation of the split of Huaxia Bank's commercial assets was not true, it did not cause much trouble for the overall Chinese economy, and the nationalization of the currency issuance right had already been unexpected by everyone, so it did not cause much fluctuation.
At the same time, the news that Huaxia Bank will sell a large number of non-core assets when it is restructured has caused another shock in the domestic financial industry, and a large number of financial industry elites have a large amount of cash in their hands and are ready to invest in the feast of acquiring Huaxia Bank's assets.
Huaxia Bank's non-core asset sales scale is as high as hundreds of millions of yuan, and the funds involved are affected nationwide, from another point of view, this time Huaxia Bank's asset sales have also made an outstanding contribution to the activation of Chinese funds, a large number of private assets have been concentrated and then poured into industry and commerce.
In this context, some landlords began to sell their land to pool funds, which caused a general decline in land prices within the national law, which is a great news for China's upcoming land reform across the country!
It's almost a 5k two-in-one chapter.,But think about it, forget it and let you save some money.,So the word count became 4.。 7k