Countercurrent 1982

Chapter 1529 Four Great Financial Groups
In Cheng Qingyan's perception, because the state-owned enterprises are engaged in some domestic monopoly industries, there are no competitors and no pressure to make profits, and because the assets belong to the state, the leaders of these state-owned enterprises are also state cadres with fixed salaries, so There is not much interest in investing in private companies.

Moreover, these enterprises are under the unified management of the state, and the approval of some relevant departments of the state is required to acquire shares in private enterprises. It is not just that you are willing to buy them when you send them to your door, even if you are a private enterprise with very good operating conditions.

Another point is that in the current domestic environment and political environment, private companies buying shares in private companies will also cause great controversy. Therefore, when there is no pressure on profitability and it is easy to cause disputes, central enterprises will not choose to buy shares in private companies. , which is completely different from what many people imagined.

However, if the state-owned enterprises can really buy shares, there are many benefits. On the one hand, they can use the channels of central enterprises to expand trade and expand the scale of trade.

And the most important point is that getting a stake in a central enterprise is tantamount to finding a big backer, which will reduce the group company's resistance from public opinion and local government in the future. This is what Duan Yun really needs.

"Some central enterprises do not have profit pressure, but some central enterprises still need to profit from market competition." Duan Yun paused, and then said: "Do you know the four major financial groups in China?"

"Four major financial groups?" Cheng Qingyan was startled when she heard this.

"These four consortiums are the four central enterprises in China. Although they are not as good as China Minmetals Group and China Tobacco, they will definitely be the four largest central enterprises in China in the future..." Duan Yun said.

In fact, the four major consortiums mentioned by Duan Yun are currently in a stage of rapid development, and some of them have not yet become domestic market-oriented enterprises.

In later generations, when talking about China’s super-big companies, people may think of Jack Ma’s Alibaba, Ren Zhengfei’s Huawei, Wang Jianlin’s Wanda, Ma Huateng’s Tencent, Pan Shiyi’s SOHO China, etc. But in a sense, there are Although some companies are in China and have been active in the Chinese market for a long time, they are not actually 100% Chinese. For example, Alibaba is not registered in China, and its largest shareholder is not in China, but there are still many people Think Alibaba is a representative of Chinese companies.

In fact, the largest four companies in China in later generations are not only 4% Chinese companies, but can also be said to be the four largest Chinese financial groups with considerable strength. They are China Resources Group, Poly Group, CITIC Group and China Merchants.

These four major consortiums have a common feature, that is, they are all state-owned enterprises.

China Resources Group, one of the four major consortiums, is headquartered in Hong Kong and is one of the four major Chinese-funded enterprises in Hong Kong. Its predecessor was the Communist Party of China. In 1938, for the War of Resistance Against Japan, an underground transportation station was established in Hong Kong. He was responsible for the founding of New China. made a great contribution.

To put it bluntly, China Resources Corporation was first established to obtain some anti-war materials, including weapons and medicines, for the domestic Anti-Japanese War through a transit station like Hong Kong. In 1948, the company was reorganized and changed its name to China Resources Corporation.

In 1983, China Resources Corporation was reorganized again and China Resources Group was established. In later generations, China Resources Group owned six listed companies including China Resources Power, China Resources Cement, China Resources Pharmaceuticals, China Resources Gas, China Resources Beer, and China Resources Land, with more than 6 employees. people, the group's total assets are as high as 40 trillion yuan.

The China Resources Vanguard Supermarket, C'estbon Mineral Water, and Snow Beer, which are more familiar to people in later generations, are the brands of China Resources Group. Its business covers consumer goods, power houses, real estate, medicine, cement, natural gas, finance and many other fields.

Poly Group, the second of the four major consortiums, was established in 1993, formerly known as Poly Technology Co., Ltd., which was established in 1984 with the joint investment of the Equipment Department of the General Staff of the State Council and CITIC Corporation. Its main business is the import and export of military equipment.

The Poly Group participated in China's import of Black Hawk helicopters from the United States. In addition, in 1990, the Su-27 fighter jet military purchase order signed between China and the Soviet Union also included Poly. Poly Group can be said to be China's arms giant.

However, in 1993, according to the major decision of the Central Military Commission of the Party Central Committee and the State Council that "army, armed police and political and legal agencies no longer engage in business activities", in response to the policy of million-dollar disarmament, the Poly Group was decoupled from the army and placed under the central enterprise. Committee management, became a central enterprise.

In the future, Poly Group takes metalworking trade and real estate development as its two main businesses, and develops cultural industries at the same time. People are most familiar with Poly Group’s real estate and cultural industries. And monkey head, caused a huge sensation.

The third of the four consortiums is CITIC Group. When CITIC was established in 1978, it was already a giant company. BJ Guoan was one of its subsidiaries. After the reform and opening up, it won the most core location of BJCBD.

In the early days of its establishment, CITIC International Trust and Investment Corporation was actually positioned as an external window for reform and opening up. It was the first to carry out businesses such as financial leasing, overseas investment, and international economic consulting. To put it bluntly, it was an external investment company.

The main business of CITIC is concentrated in the financial industry and other service fields, in which finance involves banking, securities, trust, insurance, funds, asset management and other industries and fields, and industry involves real estate engineering contracting resources, energy infrastructure, machinery manufacturing, information industry, etc. The industry and field have strong comprehensive advantages in China.

The last of the four major financial groups is China Merchants Group. The history of China Merchants Group can be traced back to 1872 in the late Qing Dynasty. A member of a large Chinese-funded enterprise.

In 1979, China Merchants established China's first industrial park open to the outside world in Shekou, Shenzhen, which played a very important role in the creation of Shenzhen Special Economic Zone. It also established China's first joint-stock commercial bank: China Merchants Bank, which became the Bank of China. The starting point for institutional reform.

In addition, in 1988, China Merchants advocated the establishment of the first insurance company in mainland China that was liquidated by a joint venture: Ping An Insurance Company of China.

"But anyway, is he willing to take a stake in our company?" Cheng Qingyan asked.

"It will definitely be difficult for them to pay for shares, because central enterprises need to go through layers of approvals to invest in private enterprises, and the higher authorities may not agree..." Duan Yun thought for a while, and then said: "But if these central enterprises become names The investing shareholders on the Internet don't need to fulfill their investment obligations, don't let them spend a penny, and don't participate in various business decisions. They only enjoy dividends. I think this matter is much easier..."

(End of this chapter)