The Shenzhen Stock Exchange started trial operation on December 90, 12.The reason for the trial operation is that the State Council has not yet approved the application of the Shenzhen Stock Exchange.In order to open before the opening of the Shanghai Stock Exchange, the Shenzhen Stock Exchange borrowed the status of Shenzhen's "special zone" to "try" everything in advance.

As the old five stocks, SDB started over-the-counter trading as early as April Fool's Day in 88, but no matter how you calculate it, by July 91, the lifespan of this stock was only 7 years.During this period, the shares of Shenzhen Development Bank were forcibly sold to enterprises and institutions in Shenzhen according to the proportion of wages. At the worst time, some units asked employees to pay 3 cents, and the unit paid 5 cents before dissolving the shares into households. The stocks are dealt with... But in the market, those who sell stocks are similar to those who sell insurance. They all set up their stalls in front of the bank. Insurance people are pretty much the same.

In the past three years, Shenzhen Development Co., Ltd. experienced ups and downs, rumors, dividends and allotments, and experienced most of the things that the stock market can experience.

Under the circumstance that the rescue of the market fails, if anyone says that the stock of Shenzhen Development Bank will rise 5000 times in the future, the governor of the People's Bank of China and Manager Tong of the Shenzhen Stock Exchange will not believe it at first.

When President Guan handed over the documents to Sioux City, Mayor Nong felt uneasy. SDB is still a municipal enterprise, and most of the natural persons who buy its stocks are city officials. Raising the stock market can not only stabilize the society, but also stabilize the society. City Hall.

2 million yuan.He was really worried that Su Cheng would turn his back on him.When the time comes, God knows if China will still be taken advantage of like this.

Therefore, Zhang of the Agricultural Bank of China smiled the most happily, and smiled beside him: "Thank you, Director Su, for your support to the Shenzhen Stock Exchange. We will raise funds to buy back stocks as soon as possible."

Su Cheng almost staggered.If Shenzhen Development Bank buys back shares when it has money, doesn't it mean that he has contributed in vain?but.He also knows when Mayor Non says "buy back stock".It's for his sake.At this time, the Shenzhen Municipal Government can't wait to pay all the salaries of civil servants into shares of Shenzhen Development Bank. Repurchasing shares is definitely good news.

certainly.Most of the officials' words are not credible.

Su Cheng picked up the contract and read it carefully, and sure enough there was no item of repurchase of shares.

Su Cheng keenly discovered the places that could be used, and he smiled shyly.Put away the contract but didn't sign it, and said instead: "Mayor Nong, you said that raising funds to buy back stocks is too broad, at least a time point should be written into the contract."

Mayor Nong looked helpless at Su Cheng's actions, and interjected: "It's hard to determine the time, but I guarantee it will not exceed two years. During this period, if Dahua Industrial needs funds... President Guan, can you Can’t the People’s Bank of China be asked to settle part of the loan?”

Although President Guan does not want his idealistic stock market to be manipulated by the government.But since manipulation is the only way out, he also adjusted his mentality and said with a smile against his will: "I'll think of a way. Do my best."

Banks buy shares.He and the bank gave Sioux City a loan and then Dahua Industrial purchased the stock, although it sounds like a detour.In fact, it allowed the bank to clear up the risk.

As a bank, there will never be a lack of profits. The only thing that can bring them down is risk control.Moreover, Dahua Industrial is a standard high-quality customer, and there are not many loans from domestic banks.On the one hand, domestic banks are not used to lending to private companies, and on the other hand, Dahua looks down on the bank's loan amount of tens of millions.

As a matter of course, Su Cheng said again: "I have to find someone to look at this contract. Like the share repurchase you mentioned, it has to be written in the contract."

Manager Tong was in a hurry, and called out with an "ah", "Boss Su, let's sign the contract first, and then discuss the issue of share repurchases, okay? In the end, if there is a repurchase, who will pay and what proportion will be a lot of money." It’s not something that can be discussed in a day or two. The exchange is waiting for no one.”

"In this case, I'm at a disadvantage." Su Cheng looked hesitant.In fact, he almost burst out laughing.

He doesn't want to determine what share buybacks are.However, the Shenzhen Stock Exchange, the People's Bank of China and the Shenzhen Municipal Government are even more reluctant to do share repurchases.Letting them each take out 1 million yuan is already a bloodletting, how can it be possible to prepare money to buy back stocks?

Take the Shenzhen Stock Exchange as an example. If the effect of the stock market rise is not obvious, they may not be able to pay their wages in the second half of the year.It can be said that 1000 million yuan cannot afford it, and the Shenzhen Municipal Government is not much better.Under such circumstances, no leader can bear such pressure to make them promise to raise 2 million yuan in a short period of time to buy back the shares of Shenzhen Development Bank that are like straw paper.

Manager Tong only thought that Sioux City was evading, but actually didn't want to spend money to boost the stock.Of course, this seemed normal to him, but he still tried his best to persuade Su Cheng, and warmly invited: "Quanjude, I am treating you, and Chairman Su must honor you..."

"I'll go back and study the documents first, and then I'll eat." Su Cheng continued to hold his hand, as if suddenly remembering, and said, "By the way, why haven't you seen the representative of Shenzhen Development?"

"Xiao Guan is resting at the hotel. We can decide on this matter, and Shenzhen Development Bank will absolutely support it unconditionally." President Guan made a firm statement.It looked exactly like the foreign representatives at the Paris Peace Conference.

Compared with them, the status of Shenzhen Development Bank is indeed not worth mentioning, and it is estimated that it is not as good as the status of China at the Paris Peace Conference.Except that Manager Tong cares a little bit about its leading position in the Shenzhen Stock Exchange, President Guan and Mayor Nong don't care about its status as a joint-stock bank. The status is not much different, and the rural credit cooperatives are still collectively owned enterprises.The most important thing is that the rural credit cooperatives will not cause trouble, and will not crowd out the funds of the municipal government and the loans of the banks because the stocks cannot be sold.

Soon, the keen-sighted Mayor Nong also pulled Wanquan into the battle group.As a leading cadre of the special zone, Mayor Nong had worked in the central government for a long time, and had a close relationship with Wanquan.

But it's not about saving face, so Wan Quan also helped to talk about Xiang.

On the scene, Sioux City seemed to be in a situation of being besieged on all sides.

He looked like he was in a mess, as if he couldn't stand it, he finally raised his hands in surrender and said: "Then eat first, eat first!"

Mayor Nong thought it was the effect of Wanquan.Hold on to him.Be sure to "let's all go to eat together".

So Wan Quan had no choice but to accompany him, and continued to introduce the academicians of the Academy of Sciences to Sioux City along the way.If it weren't for the mayor's face, Wan Quan would not have said such details.

Because it was to entertain Sioux City.When we arrived at Quanjude, everyone stopped talking about stocks, and just chatted around the academicians of the Academy of Sciences.

At this time, there is still a big gap between the political and academic circles.Even the academicians of the Academy of Sciences can only serve as think tanks for high-level consultation, but they have not directly taken up administrative positions.The relatively smooth path from professors, presidents, directors, and governors to governors in later generations has not yet been developed. When people talk about academicians, they don't have any scruples, and they almost speak freely.

Mayor Nong is determined to grasp the life-saving straw of Sioux City, lest the employees of the city government poke him in the back because they can't pay wages.Therefore, he asked Wan Quan carefully about Sioux City in private.

Then.At the banquet, Mayor Nong looked like he was exchanging information for cooperation, and said with a smile: "Su Dong, you haven't thought about it. What if an academician's evaluation report is not good, what should we do?"

Su Cheng immediately concentrated his attention.Said: "Do you want to explain in advance?"

Mayor Nong smiled and shook his head, and said: "It's not easy to invite academicians to do the evaluation, and it's too difficult to ask them to change the results. However, the effort must be done in advance, but not on the academicians."

"How to say?"

Mayor Nong smiled without saying a word, took a sip from his wine glass, and said, "Let Director Wan explain this, he is the expert."

"I said how did the old farmer know so much? It turned out that he stole Director Wan's limelight. No way, he will be punished with alcohol!" President Guan yelled at the right time.

Su Cheng clapped his hands knowingly, and said with a smile: "So that's the case, you should be fined. In this way, you drink first, and I will let my subordinates look at the contract. If there is no problem, I will sign it. President Guan, what about the loan you promised? explain?"

"I applied to the higher authorities, and the maximum loan amount is 5000 million yuan, and the interest is the same as that of central enterprises." State-owned enterprises enjoy low-interest loans from banks, and this alone can reduce hundreds of millions of dollars in costs every year.Different levels of state-owned enterprises have different loan interest rates.The same interest rate as central enterprises can be regarded as low-interest loans.

Su Cheng accepted it with a smile.It is better to give this money to Dahua Industrial than to the state-owned enterprises in 91.Sioux City is prepared to use low-interest loans to prove his innocence and dedication when someone asks him many years later.If there is no dedication, how can there be compensation.

He turned around and went outside the box, took back the documents from the legal department of the group, and handed them over to the mayor of agriculture, Guan Xingzhang and others for confirmation, and then took them out for revision.After repeating this, I finally signed the thin few pages of documents.

No one bothered.If a document worth 2 million yuan is signed without changing a word, such a person will not earn 2 million yuan.

The two sides worked hard together, and without discussing details such as business operations, Sioux City and Mayor Nong signed the document together.Then, Guan Guan, the president of Shenzhen Development Bank, was called, signed his name, and used the official seal.

The mayor of agriculture was relieved.Although Su Cheng had already made a promise in front of Mr. Zhou, it was their responsibility to fulfill it.This is like a local official going to the central government to handle affairs. Even if the minister agrees to something, he still has to manage the department-level cadres or even the department-level cadres below.The so-called opening up the joints is also.Sioux City is now what they think is the biggest joint.

Sioux City deliberately did not discuss the relationship between shares and bank operations.Although every consortium needs a financial core, SDB is still too weak, and it is too early for Dahua.

After the Mayor of Agriculture got the contract in his bag, he smiled Shi Shiran and said: "Continue with the topic just now, let me talk about it. Invite academicians to do the evaluation, the effort must be done in advance, and it must be done on yourself. What? What does it mean? Dahua Industrial first evaluates itself, knowing which places have advantages and which places have disadvantages, and then only ask academicians to evaluate the advantages and not the disadvantages. In this way, the situation can be controlled. Otherwise, people There’s not much you can do about the assessments coming to a bad conclusion. Finally, turn in these mostly good assessments, and the written part will look great.”

Su Cheng understood now, and quickly expressed his thanks.

After drinking and eating, everyone said goodbye and left.

President Guan sat back in the car, put away his drunken expression, and laughed loudly, "You've been taken advantage of!"

Su Cheng also laughed when he returned to the hotel: "You've been taken advantage of!"

……

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