Debuted right after graduating from high school

Forcibly pushing for financing as a major shareholder to increase its shareholding ratio inevitably raises suspicions of taking advantage of other shareholders.

However, after the money is raised, it will be allocated to other securities assets with extremely high returns. In addition, with the cash on the Boshi Fund's own books, the returns will definitely be much higher than those of others who invest randomly. This is equivalent to giving others sufficient compensation.

In Fan Wumian's eyes, this was the reward he deserved after his efforts, rather than letting other shareholders win for nothing.

Many shareholders of Bosera Funds have recently expressed their dissatisfaction with his decision to "hold cash and wait," believing that missing out on this bull market will hinder the development of Bosera Funds.

He's in business, not charity. There's no need to be too polite to those partners who give orders and make irresponsible suggestions.

In any case, if you take a long-term view and persist in holding Bosera Funds shares, you will definitely make a lot of money.

Generally, holding 50% of a company's total share capital is considered to have control over the company. However, for major matters of the company, such as amending the articles of association, increasing or decreasing registered capital, merging, splitting, dissolving, or changing the form of the company, a two-thirds majority vote of the shareholders is required. Therefore, a shareholding ratio of 67% or more is considered a more secure "absolute control".

Leaving that topic aside for now, during our casual conversation, the topic of China National Petroleum Corporation (CNPC) came up again.

President Wang Yu also felt that China Petroleum's current market value was excessively high, and remarked:
"If it rises even slightly, it will be absolutely terrifying."

"China Petroleum's profits are not stable and are too affected by international oil prices."

"The first to fall will be the towering tree of China National Petroleum Corporation (CNPC), which will then crush the houses next to it."

Fan Wumian was a busybody, worrying about things that didn't concern him. The thought that the wealth of millions of families might vanish in an instant, and that they might be demoted from middle-class to high-income overnight, made him a little anxious.

Some people with ulterior motives abroad are constantly trying to reduce the economic strength of the mainland, while he hopes to become rich and powerful as soon as possible. It has little to do with his own gains or losses. It is purely because the education he received from childhood and the values ​​he was taught have made him extremely disgusted with being bullied and unable to stand up for himself. It is just too painful.

He took a couple of puffs of his cigar to perk himself up, and then Fan Wumian suddenly said:

"China Petroleum itself is finished. The bubble has been blown too big. It can't support its current size by relying solely on the oil business."

"But if the oil industry fails, we can make up for it in other places. China National Petroleum Corporation (CNPC) currently has more than 2000 billion RMB in cash on its books. It would be a waste not to invest it."

"If I were in charge, I would definitely take advantage of having plenty of money and the fact that Western oligarchs still need my help to go on a buying spree of shares in Silicon Valley high-tech companies to hedge against the risk of a stock price crash. Apple is currently upgrading its operating system, and Google's Android is doing the same thing. It probably won't be more than a year before a truly meaningful smartphone is released."

Wang Yu was stunned for a moment, then said:

"I was just about to mention that China National Petroleum Corporation (CNPC) contacted us and wanted to entrust us with managing 100 billion RMB to avoid the funds being idle and wasted. They not only invested in us, but also diversified their investments to Southern Fund, Guotai Fund, and Jiashi Fund, with a total scale of about 600 billion RMB."

“I went to a meeting in Yanjing a couple of days ago. It seems that the higher-ups have also noticed that the situation of China Petroleum is not right. Some people hope that we can help prop up the market to prevent the company’s price from falling below the reasonable level and causing too much negative impact.”

"Mr. Fan, if you have any ideas, why don't you mention it to the higher-ups? Taking only 600 billion out of 100 billion is too small a scale. And the management fee will be halved, from 2% to about 1%. After deducting expenses, there won't be much profit at all."

Wang Yu was considering the interests of Bosera Funds, while Fan Wumian was concerned about the 600 billion RMB of idle funds, which was equivalent to more than 73 billion USD, enough to buy most of Facebook's current shares, or one-tenth of Apple's total share capital.

If there were no opportunities, that would be one thing, but Fan Wumian happens to know a group of influential people who could help him. He could try to secure a chance to assist China National Petroleum Corporation in re-allocating its assets and, incidentally, make some money for himself.

This also adds to the economy. The money lost in the A-share market can be made up in other areas. As long as there is no overall loss, there is not a big problem.

As for those investors who desperately pushed up the stock price of Huashi Petroleum, Fan Wumian could do nothing to help them. He could only say that when an avalanche comes, no snowflake is innocent. There were plenty of opportunities to get out and leave, but unfortunately, they couldn't seize them.

If investors who are stuck with their investments can patiently wait a few years, perhaps the assets they have in Silicon Valley alone could drive China Petroleum's stock price back to its previous high.

From some perspectives, this doesn't necessarily mean they violated the "ceasefire agreement" with the Americans. It's not like they would really go after Fan Wumian just because he helped China National Petroleum Corporation manage its idle funds.

For an instant.

Fan Wumian had many thoughts on his mind, but he didn't tell Wang Yu about them. After all, it would be quite embarrassing in front of his subordinates if he made a big boast but failed to deliver.

He only said to Wang Yu:

"Hmm, I'll give him a call when I have time to see if I can get more escrow funds back." "Mr. Wang from Wangda Shopping Mall contacted me this morning, wanting me to provide some financing. I received two of Mr. Wu Guanzhong's 'Double Swallows' paintings from him, one is a paper ink painting and the other is an oil painting. I feel I should help him out. I plan to raise about 20 billion RMB in the name of Xinhua Insurance."

"You should also keep an eye on this area and see which large real estate companies are short of funds. Invest in them for your private equity clients and speculators. I predict that if the mainland economy wants to maintain its rapid expansion, it will rely on real estate to drive growth. The benefits to employment, public finance, and infrastructure are enormous."

They talked about a lot of things, mainly Wang Yu and other executives' observations and experiences at various companies during their recent research trips.

In addition, there is gold. The price trend of gold is difficult to predict. However, Fan Wumian clearly remembers the news about the aunties who went on a gold rush in 2013, buying about 300 tons of gold in just 10 days. At that time, the price was more than 300 yuan per gram, while now it is only around 150 yuan per gram.

A doubling of value in just a few years is already quite good for ordinary investors, so Fan Wumian is not in a hurry to sell the gold he acquired earlier, but he also does not want to increase his holdings further.

As for the wealth management products held by Bosera Funds, they simply sit in the account and earn interest, which is nothing special.

After seeing Wang Yu off.

Fan Wumian first checked the information, including the management system of China National Petroleum Corporation (CNPC), recent official news related to it, and recent developments in Silicon Valley.

After making sure he had a clear understanding of the situation, he made a phone call and told the secretary on the other end that he was there for the China National Petroleum Corporation (CNPC) matter and wanted to discuss with the other party's superior how to reduce the risks.

Fan Wumian's point was simply that since it didn't matter much who managed the idle funds, he might as well give the money to himself and try to invest in overseas high-tech markets through private equity, attempting to recover some losses for millions of investors.

The goodwill accumulated from previous donations came in handy at this time.

When Fan Wumian talked about how the next wave of technology would be driven by mobile smart terminal devices, the person on the other end of the phone listened very attentively. Since a hard landing for China National Petroleum Corporation (CNPC) was inevitable, it was better to plan ahead.

Regarding semiconductors and mobile smart terminal devices, the think tank has actually submitted countless reports, but given the current level of R&D and manufacturing in mainland China, even though it is known that there is huge potential in many areas, it is impossible to grasp it.

On the other hand, with China National Petroleum Corporation (CNPC) involved in matters concerning tens of billions of RMB, Fan Wumian's influence wasn't that great, so of course he wouldn't just give a result casually.

The other party only said they would discuss it and give him an answer after they had a conclusion.

This wait.

There was no further news for several days in a row.

Guessing that some problems had been encountered during the process, he didn't inquire further, focusing instead on writing "The Desolate Emperor," revising the new script, and incidentally checking on the restructuring and reorganization of several car brands.

After much deliberation, the decision was ultimately made to merge Aston Martin and Jaguar.

This approach could potentially revitalize two loss-making brands simultaneously: Jaguar could help Aston Martin expand production, while Aston Martin's brand could be used to open up Jaguar's sales channels. At the same time, the merger and restructuring process could also lay off a number of high-paid foreign employees who were unable to generate revenue for the company.

For example, Fan Wumian had serious doubts about the aesthetic sense and personal abilities of the designers in the exterior design department, and the sales, finance, and marketing departments also needed to be reorganized.

Leave professional tasks to professional organizations. This time, we hired McKinsey & Company to handle the optimization so that we can move forward with a lighter burden.

On the same day the merger of the two brands was announced, Fan Wumian took a private jet to Xiamen.

The food variety show "A Bite of China" produced by Tudou.com has started filming. Xu Zheng and Wang Baoqiang are the regular guests. I called him this morning to invite him to eat seafood, mainly to make a guest appearance to promote the new variety show.

According to the plan, Xu Zheng, Wang Baoqiang and his entourage will travel from Xiamen to the southwestern plateau by bus, train and other means of transportation to film a total of 18 episodes of the variety show. The exclusive broadcasting rights have already been snapped up by CCTV, which has paid a total of 1800 million yuan.

Previously, Fan Wumian often filmed TV dramas with sensitive themes that were not suitable for broadcast on CCTV. Local TV stations benefited from this, achieving high ratings and making a lot of money through product placement.

It's not easy to find a travel variety show that's positive and beneficial to the development of the tourism industry, so CCTV (China Central Television) is not going to let it go.

(End of this chapter)