October 1998, the stake through the replacement, glory to the cause of Investment Group acquisition of listed companies in Shenzhen Nanyou property, renamed the "glory to the building of" Lu Zhiqiang of the capital structures good platform. This well-known strong Zhuanggu, created in 1997 from a three yuan rose to 23 yuan a miracle.
After 2000, Lu Zhiqiang again seize the opportunity, Gongchengluedi in the financial field, has become the Minsheng Bank, Haitong Securities, the people's livelihood insurance, the people's livelihood securities, the people's livelihood pawning the majority shareholder.
"Oceanwide of" investment by financial institutions, equity ratio is scattered on the surface it is hard to achieve holding, but with China through mutual Shipowners Association, and other units concerted action to ensure that in the control of the relatively advantageous position.
In the establishment of Minsheng Bank, Oceanwide Group and the Association of mutuality as a sponsor of the owner, holding 90 million shares, 13.04 percent of total holdings, the first major shareholder of New Hope Group held only 9,028 shares, less than shareholdings 7 percent.
But Oceanwide Group and the Association of mutuality between the two owners frequent equity transactions, both investments in the people's livelihood securities, insurance and people's livelihood Haitong Securities and other financial institutions are clearly acting in unison.
Real estate puzzle
With a strong financial capital and support, Lu Zhiqiang of the strong real estate system began to take off. He cited Beijing as the center in Wuhan, Shenzhen, Qingdao, Jinan and Shanghai are laid troops. Beijing has glory in the international apartments, glory to the International Centre, Oceanwide international projects such as residential areas, investment in Wuhan, central business district development projects, planning and construction in Shanghai Oceanwide New World, and other projects in the development of Shenzhen Hui Fang Yuan, the new century homes, Shanju years, the new world of apartments and other projects. According to rough estimates, "Oceanwide of" At the same time plans to develop the property in the area of 3.5 million square meters more than the required funds are far more than 10 billion yuan.
Posted by Mr.Lee at 6/23/2008