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Feng Guangcheng Wealth Building Glass Tour Money Tips

Data:2009-12-12 2:34

Category: Money tips Release Date: 2006-02-11

Ranking No. 83 Fortune 1 billion yuan

The wealth of the Feng Guangcheng mansion, Zhejiang Glass (00739.HK) apparently is located in the most prominent position, his wealth accumulation and this business is closely related to past lives.

Feng Guangcheng, male, born in 1952, Zhejiang Glass, founder Chairman of the Board, the directors of a listed company's annual report column Feng Guangcheng has been described as "in the building materials industry, glass manufacturing, the company has extensive experience in administration . " And close to his people for his comments is the energy and imagination of the people.

About Feng Guangcheng first pot of gold, dates back to 1985. This year, Shaoxing County, second team was established to build the same year, Shaoxing County, fifth Construction Company was established to build a second team sponsor is 11 masons, Feng Guangcheng when one of them. When he was 33 years old.

Since then, Feng Guangcheng successively founded Zhejiang Huaqiang tiles Co., Ltd., Shaoxing steel plant, until May 1994, "Zhejiang Glass Factory" set up (Zhejiang Glass's predecessor), in order to spend 50 million yuan to build five Shaoxing set up. At that time the data shows that this is a collective enterprise.

Guangyu Group was established in 1996 but was later involved in the restructuring of Zhejiang among the glass. In 1998, the "Zhejiang Glass," the restructuring of Zhejiang float glass industry limited liability company after the restructuring, "Guangyu ESOP Association," "Young xunqiao Management Company" and Feng Guangcheng hold 47.31%, respectively, 20.04% and 32.65% stake. In the same year, the seat of Zhejiang Glass Yangxunqiao to enterprise restructuring.

March 2, 2001, "Guangyu ESOP Association," "Young xunqiao Management Company" recognition of their holdings of "Zhejiang Float Glass Co., Ltd.," the actual equity funding human Feng Guangcheng, respectively, will each hold 47.31% and 20.04% stake in Ping Guangcheng free transfer.

In other words from the beginning, Feng Guangcheng only borrowed the "collective" sign during their accumulation of wealth, but otherwise the news from Yangxunqiao indicates that, when the town government is also in Zhejiang Glass shares, out of when the amount of 2.5 million.

Overtaken by events, the real situation has been difficult to research, but the March 2, 2001, the Zhejiang Province of glass has been to clarify property rights, but also for the subsequent Feng Guangcheng continue to build their wealth to establish a foundation for building. In Guangyu collective, Feng Guangcheng holds 93% stake, while the glass at this time also in Zhejiang owned by its 100 percent. At this point, Zhejiang Glass float glass production scale has been among the nation's top five.

Since then, Feng Guangcheng order listed in Hong Kong in the stock has done a series of adjustments. Mr Fung's core team has entered people's attention: Feng-Wen, FENG Guang Ji, Xu Hai, and Jin Jinlong, in which the text of Feng Guangcheng's nephew Feng Li, Xu tides for Qijiu.

Feng Guangcheng will "Float Glass Co., Ltd., Zhejiang," 7% of the shares free of charge transferred to Yujuan (2.5%), Feng 1 in (2.5%), Feng Li-Wen (1%), and Feng Guang Ji (1%), to meet the joint-stock company requirements. The same year, July 27, Yujuan in turn holds a 2.5% stake in the 1.5% back to Feng Guangcheng, other 1% were transferred to Xu tides. And von an article also holds 2.5% of its 1.5% stake in the transfer Feng Guangcheng, and the remaining 1% of the unpaid transferred Jin Jinlong. The share transfer is completed, Feng Guangcheng holds a total of "Zhejiang float glass" 96% of the shares, Feng Li-Wen, FENG Guang Ji, Xu Hai, and Jin Jinlong each hold 1%.

December 10, "Zhejiang Glass" to 2.96 Hong Kong dollars per share price of publicly placing 170 million shares H shares, and in accordance with the underwriters Nomura Securities underwriting and placement agreement signed December 20 in the exercise of the over-allotment option were sold 871.3 million shares H shares. 31.686 million less HK listing fees, the net fund-raising 528 million Hong Kong dollars. This is the first H-share listed on a domestic private enterprises.

Public placement, the public investors hold 30.88%, Feng Guangcheng equity ratio fell to 66.36%, Feng Li-Wen, FENG Guang Ji, Xu Hai, and Jin Jinlong each hold 0.69%. Feng Guangcheng's personal wealth at once has been amazing growth, so a later occasion, Feng Guangcheng also have had a general. In 2003, a few list, the Feng Guangcheng personal wealth of data is basically one billion yuan.