Chapter 303 The Wrongful Head

The Shenzhen Stock Exchange opened for trial operation on December 1, 1990. 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 Shanghai Stock Exchange opens, the Shenzhen Stock Exchange has borrowed Shenzhen's "Special Zone" status and "try" it in advance.

As the deep development of the old five shares, over-the-counter trading began as early as April Fool's Day in 1988, but no matter how it is calculated, by July 1991, the life expectancy of this stock is only 3 years. During this period, the stocks of Shenzhen Development were forced to be sold to enterprises and institutions in Shenzhen according to the proportion of wages. At the worst time, some units asked employees to pay 50 cents, and the units paid 50 cents to deal with the stocks that were decomposed into households... On the market, those who sold stocks were almost the same as those who sold insurance, and In front of the bank, five out of ten people who buy stocks have been fooled into, which is similar to those who have been cheated into buying insurance.

In the past three years, deep development has been full of ups and downs, dividends and stock allocations, and has experienced most of the things that the stock market can experience.

In the case of failure to save the market, if anyone says that the stocks of Shenzhen Development can rise 5,000 times in the future, the president of the People's Bank of China and the manager Tong of the Shenzhen Stock Exchange will not believe it first.

When the governor handed the documents to Sucheng, the mayor of agriculture was uneasy. Deep development is still a municipal enterprise, and most of the natural people who buy its shares are civil servants in the city. Raising the stock market can not only stabilize the society, but also stabilize the municipal government.

200 million yuan. He was really worried that Su Cheng would turn around and not admit it. At that time, God will know if there is such a grievance in China.

So. Agricultural Bank of China Zhang Xiao was the most happy. He gathered aside and smiled and said, "Thank you, Mr. Su, for your support to the Shenzhen Stock Exchange. We will raise funds to repurchase stocks as soon as possible."

Su City almost staggered. If Shenzhen Development has money, he will repurchase stocks. Isn't he going to work in vain? However, he also knew that when Mayor Nong said "buying back stocks", he was thinking about him. At this time, the Shenzhen Municipal Government can't wait to pay the salaries of civil servants into stocks developed in Shenzhen. Repurchase of stocks is definitely good news.

Of course, most of the officials' words are not credible.

Su Cheng picked up the contract and read it carefully. Sure enough, there was no repurchase of stocks.

Su Cheng keenly found places that can be used. He smiled shyly, put away the contract but did not sign it. Instead, he said, "Cir. You said that raising funds to repurchase stocks is too broad. You have to write at least one time in the contract.

Mayor Nong looked at Su Cheng's action and said helplessly, "It's not easy to determine this time, but I promise it won't take more than two years. During this period, if Dahua Industry needs funds... President, can you ask the People's Bank of China to settle part of the loan?

Although the governor did not want his idealistic stock market to be manipulated by the government, since manipulation was the only way out, he also adjusted his mentality and smiled against his heart, "I want to figure it out. Do my best."

The bank bought stocks, and the bank loaned it to Sucheng and then bought stocks from Dahua Industry. Although it sounded like a detour, it actually let the bank get rid of the risk.

A banker will never lack profits. The only thing that can bring them down is risk control. Moreover, Dahua Industry is a standard high-quality customer, and there are not many loans to domestic banks. On the one hand, domestic banks are not used to lending to private enterprises, and on the other hand, Dahua looks down on the amount of loans of millions and tens of millions of banks.

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 is in a hurry. "Ah," he shouted, "Su Dong, let's sign the contract first, and then talk about the repurchase of shares, okay?" In the end, if you want to buy back, who will pay the proportion is a lot of things, which can't be discussed in a day or two. The exchange is not waiting for people.

"In this case, I will suffer too much." Su Cheng looked hesitant. In fact, he was about to laugh in his heart.

He doesn't want to be sure of any share repurchase. However, the Shenzhen Stock Exchange, the People's Bank of China and the Shenzhen Municipal Government do not want to do share repurchases. It's already a big bloodlet for them to take out 100 million yuan each. How can they prepare to pay back the stock?

Take the Shenzhen Stock Exchange as an example. If the effect of the stock market rise is not obvious, their wages may not be paid in the second half of the year. It can be said that 10 million yuan can't be afforded, and the Shenzhen municipal government is not much better. In this case, no leader can bear such pressure to let them promise how long it will take to raise 200 million yuan to repurchase straw-like deeply developed stocks.

Manager Tong only thought that Su Cheng was shig, but in fact, he didn't want to pay to raise stocks. Of course, this seemed normal to him, but he still tried his best to persuade Su Cheng and kindly invited: "Quanjude, it's my treat, Su Dong must be honored..."

"I'll go back and study the documents first, and then eat." Su Cheng continued to hold it, as if he suddenly remembered it, and said, "That's right, why don't you see a representative of deep development?"

"Xiaoguan is resting in the hotel. We can just decide on this matter. Deep development is absolutely unconditional support. The governor made a firm statement. It looks exactly the same as the foreign representatives at the Paris 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 that of Paris and China. In addition to Manager Tong, he also cares a little about some of its leading positions on the Shenzhen Stock Exchange. The president and the mayor of agriculture don't care about its status as a joint-stock bank. In their eyes, the status of Shen Development and "Mentougou Xiaoliuzi Town Rural Cooperative Credit Union" is not much different. Rural credit cooperatives are still collectively . Most importantly, rural credit cooperatives will not cause trouble, and will not squeeze out the funds of the municipal government because the stock cannot be sold, and then squeeze the bank's loans.

Soon, the keen-sighted Mayor also pulled Wan Quan into the battle group. As a leading cadre of the Special Administrative Region, the Mayor of Agriculture has worked in the central government for a long time, and he also has a relationship with Wanquan.

But it didn't make face, and Wan Quan also helped to talk about it.

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

He looks embarrassed. As if he couldn't stand it, he finally raised his hand and surrendered and said, "Then eat first, eat first!"

The mayor of the farmer thought it was the effect of Wanquan, so he pulled him and insisted on "Let's go to dinner together".

So Wan Quan had to accompany him and continue to introduce the academicians of the Academy of Sciences to Su Cheng all the way. If it weren't for the face of the peasant mayor. Wan Quan would not have said so much in detail.

Because it is a hospitality to Sucheng, when we arrive in Quanjude, let's not talk about stocks. Just chat with 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 be used as a think tank for high-level consultation at most. However, he did not directly take up an administrative position. The relatively smooth path from the president of the professor's president to the governor in later generations has not yet been developed. When everyone talks about academicians, they have no scruples, and they are almost free to speak freely.

The mayor of the farmer is determined to seize the life-saving straw of Sucheng, so that the employees of the municipal government will not poke their backbone because they can't pay their wages. Therefore, he carefully asked Wanquan about Sucheng in private.

Then, at the banquet, the mayor of Nong looked like a message for cooperation, and said with a smile, "Su Dong. Have you ever thought about what to do if the evaluation report made by an academician is not good?

Su Cheng immediately concentrated his attention and said, "Do you need to do something in advance?"

Mayor Nong shook his head with a smile and said, "It's not easy to ask the academician to do the evaluation. It's too difficult for them to change the results. However, kung fu should be done in advance, but not on academicians.

"What do you say?"

Mayor Nong smiled and said nothing. He picked up his glass and took a sip 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 the limelight of Director Wan. No, punish the wine!" The governor of the bank made a scene at the right time.

Su Chengming clapped his hands and smiled, "So that's it. It's time to drink. In this way, you drink first, and I will ask my subordinates to see the contract. If there is no problem, I will sign it. Manager, what do you say about the loan you promised?

"I have applied to the above. The maximum amount is a loan of 50 million yuan, and the interest rate is the same as that of a central enterprise." State-owned enterprises enjoy low-interest loans from banks, which alone can reduce hundreds of millions of dollars of costs every year. Loan interest rates are also different for different levels of state-owned enterprises. The same interest rate as that of central enterprises can be regarded as low-interest loans.

Su Cheng laughed and accepted it. This money is much better for Dahua Industry than to state-owned enterprises in 1991. Su Cheng is ready to be asked after many years, and he can prove his innocence and dedication with a low-interest loan. If it's not dedication, how can there be compensation?

He turned to the outside of the box, took back the documents of the group's legal department, gave them to the president of the Agricultural Mayor's Administration and others for confirmation, and then took them out to modify them. If you do it again and again, you have finally signed a few thin pages of documents.

No one finds it troublesome. If a document worth 200 million yuan is signed without changing a word, this kind of person will earn less than 200 million yuan.

The two sides worked hard together. Without discussing the business and other details, Su Cheng and the mayor of Nong signed the document together. Then, the president of the deep development was called, signed his name, and used the official seal.

The mayor of the peasants was relieved. Although Su Cheng has made a promise in front of Mr. Zhou, it is their responsibility to implement it. It's like local officials going to the central government to do things. Even if the minister takes on something, he still needs to point out the department-level cadres and even section-level cadres below. The so-called opening of joints is also. Sucheng is now the biggest joint they think.

Sucheng did not specifically discuss the relationship between shares and bank operations. Although every consortium needs a financial core, the deep development is still too weak, and it is a little too early for Dahua.

When the mayor of the farmer pocketed the contract, he smiled and said, "Continue the topic just now, let me talk about it. Invite academicians to do evaluations, and do the work in advance, and do it on yourself. What do you mean? Dahua Industry first evaluates itself, knowing which places have advantages and which places have disadvantages, and then only asks academicians to evaluate the advantages, not the disadvantages. In this way, the situation can be controlled. Otherwise, if they evaluate a bad conclusion, there is nothing you can do. Finally, hand in these good-oriented evaluations, and the written part will be very good-looking.

Su Cheng understood and quickly thanked him.

Everyone was full of wine and food, so they said goodbye and left.

The president of the management sat back on the car, then put away his drunken expression and laughed: "The wronged head!"

Su Cheng returned to the hotel and smiled: "You are wronged!"

......RS