Reborn 80s

"How are the talks with the Ministry of Finance going?"

The Southwest Stock Exchange currently only has three shareholders, so naturally it won't work. The Ministry of Finance must also come in.

As for state-owned companies, they have not yet been established at the top level, but at the local level, local state-owned companies have been established in various places.

There are Sichuan templates out there, and everyone can just follow them.

"As for the valuation, I have objections!"

The Ministry of Finance's investment in the Southwest Stock Exchange is something that has been decided, and now it's a matter of how to spend less money.

For the Ministry of Finance, this is the first time that such a negotiation requires a lot of money.

At the beginning, the Ministry of Finance personally came to the table to negotiate, but then found that this would not work.

Just leave the negotiation to the professionals.

If I hadn't known that this was a normal business negotiation and a normal push, I would have thought that Shuchuan was up to something.

Shuchuan naturally has some objections to the Ministry of Finance's investment in the Southwest Stock Exchange and the removal of the stamp duty generated from stock transactions.

After all, the stamp duty is quite a lot.

Last year, the annual turnover of the Southwest Stock Exchange reached 687.5 billion, and the stamp tax alone was more than 2 billion.

Moreover, in the fourth quarter, stock market transactions were obviously much more active.

There is no need to do anything, and with such a large income, it is naturally very comfortable.

How many things can be done!

The total market value of the companies on the Southwest Stock Exchange has also reached 4 trillion. Among them, Motta Group is the company with the highest market value, with a market value of as much as 600 billion. It is simply...

amazing!

If the current stock price of Motta Group was not too high and retail investors could not afford it, and driven by a large amount of funds, the price might even be even higher.

Last year, the net inflow of funds from the Southwest Stock Exchange reached more than 140 billion, which directly pushed up the stock prices of companies listed on the Southwest Stock Exchange.

The high market value of Motta Group is not of much use to Chen Huaiqing. After all, Chen Huaiqing has never reduced his holdings of one share of Motta Group.

In the past, Chen Huaiqing would take the initiative to split Motta Group's shares in order to increase its market value and increase its influence, but that is no longer necessary.

Now Chen Huaiqing does not need the Mota Group as his core support.

Of course, in Chen Huaiqing's career, he still values ​​Mota Group more.

The Motta Group is not just a motorcycle and automobile business, it also includes Motta Semiconductor and Motta Microelectronics.

In addition, in the next step, Chen Huaiqing plans to inject Motar Aircraft into the Motar Group.

In this way, Motta Group directly spans the three major fields of automobiles, semiconductors and aviation.

Compared with many listed companies, Motta Group is a bit stingy in terms of dividends.

For example, this year, Motta Group only used 300 million in cash to distribute dividends.

In terms of the absolute amount of funds, there is no need to say that it is definitely high.

Companies listed on the Southwest Stock Exchange are quite enthusiastic about paying dividends.

There is no way. Behind many companies are state-owned companies. State-owned companies need to receive dividends and then support infrastructure construction.

“What is the valuation of the exchange now?”

"The Ministry of Finance is only willing to count 3.5 billion, and the other three shareholders require at least 5 billion."

Chen Huaiqing looked at Yan Kuan. The management of the exchange obviously didn't like having an extra mother on his head either.

The Southwest Stock Exchange is now under the jurisdiction of Shuchuan. After the entry of the Ministry of Finance, although the jurisdiction of the Southwest Stock Exchange will temporarily be in Shuchuan, it will be a matter of time before it returns to the capital.

Chen Huaiqing wished that this jurisdiction would be returned as soon as possible.

Although the mother-in-law is more forceful, the new mother-in-law is the one who really controls the rules at home.

"In addition, I heard that the Ministry of Finance intends to absorb part of the shares of Shuchuan State-owned Assets and Yuzhou State-owned Assets after buying shares."

Direct transfer is obviously not possible.

Moreover, according to the nature of Shuchuan State-owned Assets and Yuzhou State-owned Assets, we must find ways to get more money this time.

Game!

This is everywhere.

Chen Huaiqing really didn't know that the Ministry of Finance had this idea, so he couldn't help but raise his eyebrows. He wanted to be the largest shareholder!

Who is the largest shareholder has no impact on Chen Huaiqing.

"What do you think about introducing members of the exchange to become shareholders of the exchange?"

At this time, in addition to securities companies, exchange member units also had some large state-owned enterprises that directly opened member trading seats.

Now if you want to open a member trading seat of the Southwest Stock Exchange, you must be in Yuzhou.

Because only in Yuzhou, there is a network connected to the exchange trading system.

Real-time transactions are possible.

Of course, there is also a network connection between Yuzhou and Chengcheng, but when there is network congestion, this transaction cannot be guaranteed to be real-time.

Generally speaking, all transactions are done directly by phone.

Yan Kuan: "I don't know if the higher-ups will agree to this."

Being able to sit in the position of CEO of an exchange, Yan Kuan is naturally not a fool, he naturally knows some things.

Chen Huaiqing: "Except for Motta Securities, all current exchange members are state-owned enterprises."

Next, Chen Huaiqing held another brief meeting.

The Southwest Stock Exchange really doesn’t need Chen Huaiqing to be too concerned. There is also a China Securities Regulatory Commission on the exchange!

The China Securities Regulatory Commission also keeps an eye on exchanges and various listed companies.

Under two levels of supervision, generally speaking, there will be far fewer fish caught.

I was lucky enough to escape on this floor, but there is still another floor!

When I returned to the office, I saw two people waiting at the door.

"You are Wu Di and Xu Qingwen, right? Come in!"

Chen Huaiqing looked at the two people. One was in the Issuance Department of Listed Enterprises and the other was in the Supervision Department of Listed Enterprises.

I poured a glass of water for the two of them, and they seemed a little reserved.

This was the first time that I was summoned by Chen Huaiqing.

Except when the Southwest Stock Exchange was founded, Chen Huaiqing spent a lot of energy on the exchange. At that time, people on and off the exchange could see Chen Huaiqing every day.

It's just that in the past two years, Chen Huaiqing's time at the exchange has become shorter and shorter.

Being able to work at the exchange for two days in a quarter is considered hard work.

And as the Southwest Stock Exchange gets on the right track, there are more internal departments and more people.

The chances of meeting Chen Huaiqing have been greatly reduced.

This kind of summoning of people from the grassroots level has become very rare.

"I have heard of your names for a long time. One is called Wu Shitou and the other is Mother Yaksha."

Wu Di and Xu Qingwen were holding cups, not knowing what to say.

In the distribution department, Wu Di has strict requirements for the materials required to apply for listing. He noticed the points that others did not pay attention to and also requested that the materials be completed.

Of course, it is precisely because of Wu Di's seriousness that many companies with problems cannot pass the review at all.

Someone gave Wu Di a gift, but Wu Di rejected it and reported it directly to the Supervision Department.

Companies that give gifts will be directly punished and banned from listing on the Southwest Stock Exchange for ten years.

This is not the most serious thing. Being punished like this by the Southwest Stock Exchange, the bank was also worried and directly called for loans.

It's very simple logic. Since there is no problem, why do we need to make small moves?

In addition to this at work, in terms of relationship with colleagues...

It's okay if you don't make mistakes, but if you make mistakes, Wu Di won't cover it up, but will point it out directly.

This makes people very uncomfortable.

Some people wanted to cause trouble for Wu Di, but Wu Di really didn't say anything about his work.

In this way, Wu Di got a pit where the stones were smelly and hard!

As for Xu Qingwen, the Supervision Department found dozens of listed companies operating in violation of regulations.

As long as there are illegal operations, there will be zero tolerance and penalties will be imposed.

If you make a mistake for the first time, it will be a small punishment. If you make the same type of mistake for the second time, the punishment will be escalated directly.

The exchange has the right to punish listed companies, which is based on the "Listing Contract" signed between the listed company and the exchange.

In the "Listing Contract", various terms are stipulated in detail, and what penalties will be incurred if violated.

Of course, as an exchange, it can only impose fines, and the most it can do is force a trading suspension.

To be punished by law, it must be done by the China Securities Regulatory Commission and the courts.

In Yuzhou, there is a court that specializes in hearing financial crimes. Evidence is submitted and then the case is immediately and quickly sentenced.

Chen Huaiqing said with a smile: "The Southwest Stock Exchange has to thank you for having employees like you. What you are protecting is not only the rules of the Southwest Stock Exchange, but also the financial stability. Those investors, I have to thank you.

You protected their interests."

Whether a company is good or not depends on its employees!