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Friday, 05/03/2019 12:42:53 PM

Friday, May 03, 2019 12:42:53 PM

Post# of 3470
Under the background of financial opening up, foreign-funded game holding China Zhongtian Finance (000540.SS)

Under the financial opening background: foreign capital must buy Zhongtian Finance, holding Huaxia Life Insurance, the latter holds A shares and half of the country, the former holds a full financial license

Zhongtian's acquisition of China is about to come to the fore, and there should be substantial progress in May.
1. Zhejiang Rongrong has withdrawn from Jinshiqi production investment, and its shareholding of 10 billion yuan has also been settled. It was withdrawn on March 26 this year, but Country Garden did not. Therefore, there is no need for Country Garden to pay back one-time payment. Country Garden borrowed 6 billion yuan within 1 year. And its share of the capital of Jinshiqi production investment of 4.5 billion, should be decided by Jin Shiqi production investment. The big home sky eye Cha Jinshi flag production investment is very clear. Country Garden did not withdraw at all, but instead wanted to enter more shares and was rejected. Why? Take a look at the analysis below.



2. Zhejiang Rongrong is the first major shareholder to withdraw quickly. The media reports only use the word “help”. It is so simple, 8 billion shares, plans to borrow 10 billion yuan, so easy, let's go and leave? It must be required by the policy. The majority shareholder of Huaxia can only be state-owned, "state-owned assets and business management". Therefore, the acquisition of Guizhou state-owned enterprises as the largest shareholder of Jinshiqi investment is a high probability event. Zhejiang Rongrong just quit at the end of last month. This month, we should discuss the financing of the matter, and if there is progress, it may be announced next month.



3. Back to the question of 1: In fact, the answer is very simple. Zhongtiancheng invested in the real estate business, which is very important in Guizhou and even the Southwest. Country Garden will not give up easily, and it is also a dream to borrow shares in China. Another question came out. Why did Zhongtian Finance issue additional shares or placement shares to finance the acquisition of Huaxia's equity? This operation is simpler. The problem lies in its shareholder differences and state-owned policies. The Guizhou Financial Office has clearly stated that the introduction of funds is a government plan. It must be led by the government, and the transfer of equity in China also requires the approval of the Financial Office, the China Insurance Regulatory Commission and the China Banking Regulatory Commission. Therefore, it is supported by the state capital and the government, which will increase the success of the chips;



4. Why do you say that there will be a big chance of progress in May? Not only the interest requirement of the 7 billion deposit, but also the consideration of the time limit. In January, the resumption of trading, the equity will be paid, the Spring Festival in February, and the exit of Zhejiang in March, 4 The monthly report of the month, the plan and plan for the acquisition of state-owned shares in May, was submitted for review in June, and was approved in July, demonstrating the determination to unswervingly advance... The time is getting faster and faster......



5. At present, 33% of China Life's voting rights have been given to Zhongtian. The buyer and seller have no objection. The key is to look at the plan and the opinions of the relevant government departments. Luo Lao has learned the lesson and communicated with the government first. Can only succeed and cannot fail. Aspirational


The darkness before dawn is about to pass, looking forward to the fiery red May, the years of the pattern
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