The Shenzhen Stock Exchange opened trial business on December 1, 1990. The reason for the trial business was that the State Council had not approved the application of the Shenzhen Stock Exchange. In order to open before the Shanghai Stock Exchange opened, the Shenzhen Stock Exchange borrowed Shenzhen's status as a "special zone" and "try" it in advance.

As the old five stocks, Shenzhen Development Bank started trading on April Fool's Day in 1988, but no matter how it counted, by July 1991, the lifespan of this stock was only 3 years. During this period, Shenzhen Development Bank's stocks were forced to be sold to enterprises and institutions in Shenzhen at a salary ratio. At the worst, some units asked employees to pay 50 cents and units paid 50 cents before they could deal with the stocks that were broken down into households... On the market, stocks sellers are similar to those who sell insurance, and they all put their stalls in front of the bank. Among the people who buy stocks, five of them were fooled, which was similar to those who were cheated of buying insurance.

During these three years, Shenzhen Development has risen, fallen, and rumored, and dividends and share allotment. It has experienced most of the things that the stock market can experience.

In the event of failure to rescue the market, if anyone says that Shenzhen Development's stock can rise by 5,000 times in the future, the Governor of the People's Bank of China and the Manager Tong of the Shenzhen Stock Exchange will not believe it first.

When the Governor Guan handed the document to Sucheng, Mayor Nong was uneasy. Shenzhen Development Bank was still a municipal enterprise, and most of the natural persons who bought its stocks were civil servants in the city. Raising the stock market not only stabilizes society, but also stabilizes the municipal government.

200 million yuan. He was really worried that Su Cheng would turn against him. By then, God knows if there is such a sucker in China.

So, Zhang from the Agricultural Bank of China smiled the most happily and said with a smile: "Thank you, Director Su, for your support to the Shenzhen Stock Exchange, we will raise funds to repurchase the stocks as soon as possible."

Su Cheng almost staggered. If Shenzhen Development Bank had money and bought back stocks, wouldn’t he be in vain? However, he also knew that when Mayor Nong said "repurchase back stocks", he was thinking about him. At this time, the Shenzhen Municipal Government wanted to pay all the salaries of civil servants into Shenzhen Development Bank stocks. Repurchasing stocks is definitely good news.

Of course, most officials' words are unreliable.

Su Cheng picked up the contract and read it carefully, but there was no one to buy back the stock.

Su Cheng keenly discovered the available places. He smiled shyly, put away the contract but did not sign it, and said, "Mayor Nong. You said that raising funds to buy back stocks is too broad. At least you have to write a time point in the contract."

Mayor Nong looked at Su Cheng's actions for a moment of helplessness and said, "This time is not easy to determine, but I promise not to exceed two years. During this period, if Dahua Industrial needs funds... President Guan, can I ask the People's Bank of China to solve part of the loan?"

Although President Guan didn't want his idealistic stock market to be manipulated by the government, since manipulation was the only way out, he adjusted his mindset and smiled against his will: "I think of a way. Do my best."

The bank purchases stocks, and the bank loans to Sucheng and then Dahua Industrial buys stocks. Although it sounds like a detour, it actually allows the bank to clear the risks.

Those who work in banks will never lack profits. The only thing that can make them fall is risk control. Moreover, Dahua Industrial is a standard high-quality customer and does not lend much 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 banks that cost millions or tens of millions of dollars.

Of course, Su Cheng said again: "I have to find someone to see this contract. What you said about share repurchase, etc., have to be written into the contract."

Manager Tong was anxious. He shouted with a "hey": "Dr. Su, let's sign the contract first and then talk about the issue of share repurchase. If you want to do a repurchase in the end, who will pay the proportion will be a lot of things, and it cannot be negotiated in a day or two. The exchange will not wait for anyone."

"If this happens, I will suffer a lot." Su Cheng looked hesitant. He was actually almost laughing in his heart.

He didn'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 did not want to do share repurchase. It was already a big blow to let them use 100 million yuan each. How could they prepare to pay for stocks?

Take the Shenzhen Stock Exchange as an example. If the stock market's rise is not obvious, their wages may not be paid in the second half of the year. [*you] It can be said that even 10 million yuan cannot be borne, and the Shenzhen Municipal Government will not be much better. In this case, if they promise to raise 200 million yuan in a long time to repurchase Shenzhen Development stocks like straw paper, no leader can bear such pressure.

Manager Tong only thought Su Cheng was ruling, but actually didn't want to pay for the stock to increase. Of course, this seemed normal to him, but he still tried his best to persuade Su Cheng and invited him warmly: "Quanjude, I treat you, Director Su must enjoy the glory..."

"I'll go back and study the documents first, and then have a meal." Su Cheng continued to hold on, as if he suddenly remembered it, and said, "By the way, why didn't you see a representative of Shenzhen Development?"

"Xiao Guan is resting in the hotel. We can just decide on this matter, and Shenzhen Development will definitely support it unconditionally." President Guan made a firm statement. His appearance was exactly the same as that of 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 probably not as good as that of the Paris Peace Conference. In addition to Manager Tong, he also cares a little about its leading position in the Shenzhen Stock Exchange. President Guan and Mayor Nong do not care about its identity as a joint-stock bank. In their eyes, Shenzhen Development Bank is not much different from the "Rural Cooperative Credit Union in Xiaoliuzi Town, Mentougou". The rural credit cooperative is also a collective-owned enterprise. The most important thing is that rural credit cooperatives do not cause trouble, and they will not squeeze out the funds of the municipal government and then squeeze out the bank's loans because they cannot sell their stocks.

Soon, the keen Mayor Nong also pulled Wanquan into the battle group. As a leading cadre of the Special Administrative Region, Mayor Nong worked in the central government for a long time and also met Wanquan.

But he was just too embarrassed, so Wanquan helped to talk about the issue.

On the scene, Su Cheng seemed to be in a state of entanglement.

He seemed to be embarrassed. He seemed to be unable to resist it. Finally, he raised his hand and surrendered, saying, "Then let's have a meal first, eat first!"

Mayor Nong thought it was Wanquan's effect, so he kept holding him and insisted on "going to have dinner together."

So Wanquan had to accompany him and continued to introduce the academicians of the Academy of Sciences to Su Cheng along the way. If it weren't for the face of Mayor Nong, Wanquan wouldn't have said so much in detail.

Because it was entertaining Su Cheng, when we arrived in Quanjude, we would not talk about stocks anymore. We just chatted around the academicians of the Academy of Sciences.

At this time, there was still a big gap between the political and academic circles. Even academicians of the Academy of Sciences could only serve as think tanks for senior consulting at most. However, they did not come forward to take up administrative positions directly. The relatively smooth path of professors, deans, presidents, directors, directors, and governors to governors has not yet been developed. When talking about academicians, they had no scruples and almost spoke freely.

Mayor Nong was determined to seize the life-saving straw of Sucheng to prevent the city government from poking their backbone because they could not pay their wages. Therefore, he asked Wanquan carefully about Sucheng in private.

Then, at the banquet, Mayor Nong looked like he was exchanging information for cooperation and said with a smile: "Dr. Su. Haven't you ever thought about what if any academician did not make a good evaluation report?"

Su Cheng immediately focused his attention and said, "Do you need to make any explanation in advance?"

Mayor Nong smiled and shook his head, saying, "It's not easy to ask academicians to do the evaluation. It's too difficult to let them change the results. However, the kung fu must be done beforehand, but not for academicians."

“How to say it?”

Mayor Nong smiled without saying a word, picked up the wine 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 had stolen Director Wan's limelight. If you can't, you'll be fined!" President Guan started a quarrel at the right time.

Su Cheng clapped his hands clearly and smiled, "So that's the case, we should punish the wine. In this way, you drink it first. I'll let my subordinates see the contract. If there is no problem, sign it. President Guan, what do you say about the loan you promised?"

"I have applied for a loan of 50 million yuan, and the interest is the same as that of central enterprises." State-owned enterprises enjoy low-interest loans from banks, and this item alone can reduce the cost of hundreds of millions of dollars every year. The loan interest of state-owned enterprises of different levels is also different. The same interest as central enterprises can be considered as low-interest loans.

Sucheng accepted it with a smile. This money is much better for Dahua Industry than for state-owned enterprises in 1991. Sucheng has been preparing for many years and someone asked about it. He can also use a low-interest loan to prove his innocence and dedication. If it weren't for dedication, how could there be compensation?

He turned around outside the box, took back the documents from the group's legal department, and handed them over to Mayor Guan and others for confirmation, and then took them out to modify them. After repeated recurring, he finally signed the documents of a few pages.

No one finds it troublesome. If a document worth 200 million is signed without changing a word, such a person will not make 200 million yuan.

The two sides worked together. Without discussing the details of business, Su Cheng and Mayor Nong signed the document together. Then, President Guan of Shenzhen Development was called, signed his name and sealed it.

Mayor Nong was relieved. Although Su Cheng had made a promise in front of Mr. Zhou, how to implement it is their responsibility. It is like local officials going to the central government to handle affairs. Even if the minister agreed to something, he still had to manage department-level cadres and even section-level cadres below. The so-called opening of joints is also the same. Su Cheng is now what they think is the biggest joint.

Sucheng did not discuss the relationship between shares and bank operations. Although each consortium needs a financial core, Shenzhen Development is still too weak, which is a bit too early for Dahua.

After Mayor Nong took the contract into his pocket, he smiled and said with a stern smile: "Continue with the topic just now, let me talk about it. Invite academicians to do the evaluation. The skill must be done before and on yourself. What does it mean? Dahua Industrial first evaluates itself and knows which places have advantages and which places have disadvantages. Then he only asks academicians to evaluate the advantages and not the disadvantages. In this way, the situation will be controlled. Otherwise, if someone reaches a bad conclusion, you can do nothing. Finally, submit these good-oriented assessments, and the written part will be very good."

Su Cheng understood and hurriedly expressed his gratitude.

Everyone was full of food and farewell and left.

President Guan sat in the car and then put away his drunken expression and laughed: "Superboy!"

Su Cheng laughed when he returned to the hotel: "Supposer!"

… (Welcome to your support, my greatest motivation.)
Chapter completed!