The Next Key Development Direction Of Shanshan Is M & A, Reorganization And Upgrading Of Listed Companies.

The backer of STO's backdoor Edisi plan:

Zheng Yonggang, chairman of the holding board, once again attracted the attention of the capital market.

In an exclusive interview with the China Securities Journal reporter recently, he joked that he was known as "love toss" in the old generation of entrepreneurs in China. "I always consider pformation at the best time."

From Ningbo port in Ningbo

In the beginning, Zheng Yonggang has experienced ten years of waiting for the red and new energy of Shanshan clothing, and has also experienced the merger and acquisition of the capital market in the era of big capital management.

At present, the clothing of Chinese fir

It still occupies an important position in the domestic market. The new energy sector has made the largest lithium battery supplier in the world. Shanshan has developed into a diversified industrial cluster that integrates lithium industry materials, energy vehicles, fashion clothes, Oteri J, trade logistics, investment banking and financial investment, medical health and tourism culture, and has been the top 500 Chinese enterprises for many years.

Taking Edisi's backdoor plan as a starting point, whether the restructuring and upgrading of listed companies is another direction of pformation? Zheng Yonggang said that he still optimistic about the market prospects of new energy, medical, tourism and other emerging industries. The next key development direction of Shanshan is the merger, reorganization and upgrading of listed companies.

Promising new industries

In 1989, when Zheng Yonggang took over a small factory in Ningbo, the Ningbo Port garment factory, he quickly put forward the idea of "creating the first brand of Chinese suit" and "Shan Shan suit".

By 1996, Shanshan stock was called the first standardized stock company in the domestic garment industry.

The market share of Chinese fir suits has reached 37.4%.

However, under the good situation, Zheng Yonggang sniffed out the upcoming bottlenecks.

"Under the background of the shortage economy at that time, Shanshan was recognized by customers and the market by virtue of its high quality products and good brand image."

Zheng Yonggang said, "but the lack of historical accumulation of Chinese clothing brands will be difficult to maintain the mainstream market position after the full entry of foreign brands.

If we only focus on clothing, Shanshan shares will soon face "ceiling" and must start to pform.

Shan Shan began its first pformation.

Under the recommendation of experts, Zheng Yonggang and a domestic lithium Research Institute at that time reached a cooperation agreement and entered the lithium battery material industry.

On the basis of the Institute, starting from lithium battery anode materials, the product line of Shanshan lithium battery has been ranked first from cathode material, anode material to electrolyte.

Among the listed companies in Shanshan Group, the largest source of profit is lithium battery materials, with a contribution of 70%.

Public information shows that in the lithium battery industry, from the shipping scale, Shanshan stock positive materials occupy the first place in China and the world, the anode materials occupy second of the country, the domestic artificial graphite field is the first, and the domestic electrolyte five is already the world's largest supplier of lithium composite materials.

Shanshan shares also extended the industrial chain to the new energy vehicle field. At present, a complete industrial chain of new energy vehicles has been set up, including vehicle manufacturing, power batteries, power assembly, charging piles and other product lines.

In addition to new energy, Shanshan also invested in two emerging industries: medical health and cultural tourism.

In the past 3-5 years, the Shanshan medical scheme has built a number of medical services and health service organizations which are equipped with advanced equipment, technology leadership, experts intensive, beautiful environment, warm service, teamwork and efficient management.

Based on the endogenous growth of industry, the pformation and upgrading of Shan Shan has been accomplished.

At the moment of the coming of a tuyere, the "Chinese fir experience" has become the foundation and origin of Zheng Yonggang's capital market.

Integration of high quality assets

In February 2014, Shanshan holding company established Shanghai Kun as Invest-holding Company to build a large investment banking platform, and set up a group of investment banks led by domestic investment bank front-line personages to carry out strategic investment, acquisition and merger, and integrate the listed companies and inject high-quality resources.

After the establishment of the platform, it has participated in the industrial integration of several listed companies.

Among them, STO backdoor Edisi received high attention from the capital market.

In November 2014, Nantong Hongshi investment company, a wholly owned subsidiary of Kun, invested 26.98% of the original controlling shareholder of aidixi.

By indirectly holding Hongshi investment, Zheng Yonggang became the real controller of Edisi.

In the second half of 2015, in the capital operation of STO's backdoor Edisi, under the impetus of Zheng Yonggang, the expected quality express assets with more promising earnings prospects and industrial integration were injected into the listed companies.

Why do we choose express industry companies to upgrade the listed companies? Zheng Yonggang has his own view.

In recent years, with the increasingly limited space for online shopping penetration, the growth rate of the express industry will eventually return to normal, and the industry concentration will gradually improve through a series of mergers and acquisitions.

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On the other hand, the vicious competition caused by extensive development of the express industry has brought a series of problems, such as poor industry norms, declining average profit margins, the prevalence of price wars, and damage to the interests of the industry.

Leading enterprises in the industry need to invest a lot of money in the construction of hardware and software such as networks, sorting centers, data centers, etc.

Therefore, the capital market will help the upgrading and upgrading of the express industry.

In addition, STO's shareholding structure is relatively simple, and it is easier to reach agreement in the design and valuation aspects.

If the paction is carried out smoothly, Edisi's valve business with poor profitability will be set aside, and the asset size, profitability and market value of the listed company will undergo tremendous changes.

It is worth noting that this restructuring, although Zheng Yonggang gave up the position of major shareholders, but participated in supporting financing, the number of holdings has further increased.

According to the disclosure, Zheng Yonggang continued to take part in Edisi's restructuring and supporting financing through the investment of Ai Bin and flag inscription under his control, which invested 636 million yuan and 504 million yuan respectively, subscribing for 38 million 690 thousand shares and 30 million 650 thousand shares of the new issuance.

After the issue was completed, Zheng Yonggang held a total stake of 10.38% for Edisi.

This shows Zheng Yonggang's confidence in the prospects of STO and the market value of listed companies.

After the success of STO's backdoor, the two sides will cooperate in the field of electric logistics vehicles, cross-border electricity providers and so on, so as to promote bilateral industrial collaboration. The possibility of the future is daydream.

Zheng Yonggang said that with Edisi as the benchmark, Shanshan will further strengthen the integration of resources of listed companies.

As a generation of Zhejiang businessmen who is full of sense of mission, Zheng Yonggang, who calls himself "professional entrepreneur", believes that investment banking is the Pearl of the financial services industry. The real investment expert should be an industrialists who are well versed in the capital market and have savvy entrepreneurs in capital operation.

Only in this way can we insist on industry as the basis and capital market as the means to promote the pformation and upgrading of traditional industries.

"For most enterprises, pformation and upgrading is not an easy task. If we rely on ourselves alone, many enterprises will not be able to accomplish their pformation at all.

At this time, people who know both industry and capital market need to reorganize and upgrade the listed companies.

By acquiring the right company and straightening out the internal mechanism, and introducing powerful enterprise reorganization and integration, we can bring new and promising industries to the place.

I am not buying and selling shell agents. I will do solid work in industry and do solid work in capital operation.

Through integration, we can help the new generation of enterprises and entrepreneurs enter the fast lane of capital market, and help the old listed companies with backward industries and declining profitability.

I have great confidence in the development of China's capital market in the future.

Zheng Yonggang said.

Build a golden control platform

Shanshan is a private enterprise that has earlier invested in bank investment. In 1997, it started the establishment of Ningbo bank as a founding shareholder.

In 2007, the Bank of Ningbo was listed on the Shenzhen stock exchange and became one of the first listed commercial banks in China.

In addition, Shanshan also invested in Pudong Development Bank, Huizhou Merchants Bank and so on.

In 2007, Shan Shan set up a special platform for equity investment, Shanshan venture capital, which focused on equity investment and project research, investment implementation and investment trading operations in the field of industrial mergers and acquisitions, and formed a pattern of Pre-IPO based investment, short-term and medium income investment, private equity fund management, mergers and acquisitions of industrial capital and financial advisors.

In addition, by holding 26% shares of Zheng De life, Zheng Yonggang's pace has entered the insurance industry.

In July 2015, Zheng De life changed its name to Jun Kang life and received the approval of the CIRC, which marked Zheng Yonggang repossessed the insurance company with his own ideas.

The main reason for Zheng Yonggang's choice of insurance companies is to integrate industries with financial power and cultivate new industries.

Zheng Yonggang said, "the insurance company is a financial platform, which can generate many industries.

Integrate and develop industry with financial strength, and achieve the integration of industry and finance.

Take the emerging real economy as the starting point, combine financial capital and capital to cultivate new industries. "