Reprinted: Liu Zhongtian: Crisis in the Age of richest

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					Reprinted: Liu Zhongtian: Crisis in the Age of richest
Liu Zhongtian: the new richest man in the crisis of the times
http://www.sina.com.cn 2009 年 05 月 21 日 18:01 "China
Entrepreneur" magazine
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Liu Zhongtian successfully buck the trend today, from 5 years ago, one against all the
odds in the strategic transformation. Listing, he can maintain a very calm and quiet
you old?
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Article | staff reporter Yu Tsai photography | Deng Pan Edit | Elsie Leung
Crisis era, immobility. Long-silent capital market badly needs a exciting characters
and stories emerged.
And Liu Zhongtian, a farmer has to maintain a character of private entrepreneurs, a
still Pianju northeast corner of the aluminum maker, and thus was added the
"richest man in China" crown.
Liu Zhongtian, of course non-等闲之辈. May 8, the third scale of global production,
Asia's largest aluminum manufacturer in China Zhong Wang Holdings
Limited (1333.HK) in the Hong Kong Stock Exchange. Raised 1.3 billion more than
the recent NYSE Chung Mong-listed Mead Johnson (and fund-raising amount of 830
million U.S. dollars), in September last year, has become the world's
largest capital market, a single IPO, has become a global economic recession and
recession inspire confidence in a single IPO. Holds a 74.1% stake in listed company
chairman Liu Zhongtian The resulting book net worth of 26 billion Hong Kong
dollars, more than the mainland media, just the Top "richest man in
China," Shen Wenrong.
Investment banks are out of practice has long been re-ignited the passion. Successful
listing of the evening, the celebration dinner, Gongchoujiaocuo between the emotional
investment banks who had Zhong Wang. UBS involved in the project the longest,
CITIC Securities team, even with tears.
I just Liu Zhongtian, the "richest" This top labels to quite
objectionable.
Away from the hustle and bustle of Vanity Fair, in Hong Kong 2000 kilometers away
from Liaoyang, Liaoning Province, this is named Chung Mong of aluminum
manufacturing is at full capacity to 530,000 tons of annual capacity, throughout the
year to the domestic and international rail , shipyards, and various industrial
enterprises in transport aluminum. Wang Group, a Shintada the door is greeted by two
roadside several tall white bird cage with, cranes, and could not utter the name of the
size of the birds, 56 Peacock Lane, a white peacock is open Yingying screen. Car in
the open road ahead of cement, can be seen along the neat new tender vegetation,
plant outside the walls covered with lush vines. A large area of the factory around the
corner a large truck parked 78, filled a large silver ingots. Almost no one on the road.
If the machine is close to the huge roar came, the whole plant to clean and virtually
inaccessible to the illusion to give birth.
Listed, for the time being loyal not to the business atmosphere and rhythm Mong
bring any change. The same is true for Liu Zhongtian.
Chung Mong listing the day after, the wearing orange collar T-shirt, dark skin, little
man, "the new richest man" in the lobby of the Four Seasons
Hotel Hong Kong to stay with a full day, shuttle between the guests, and the absence
of farewell to hanging around with the guiding. May 11 7:30 am, from the back to
Liaoyang is not even eight hours, Liu Zhongtian has been the same with the past
began in the plant where it is too deterred from three to four hours of.
Back at the office, Liu Zhongtian go watch the stock price, at noon to close at 7.2
Hong Kong dollars, compared with 8 closing price of 6.63 Hong Kong dollar has
rebounded 8.5%, quite satisfactory. He previously said: "Price I do not care
about the same concern, my concern is not necessarily up, do not care about it are
likely to rise." But he could not care.
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Early years of transition,
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"This is the sixth ... ... I did the seventh richest man." May 8,
listed in the Exchange site, Chung Mong's sponsor UBS chairman of
investment banking for Asia, Cai Hongping sit there straight-finger to the
"Chinese           entrepreneurs       "'s          number.
"China's richest man, the gardener," the name of Cai
Hongping, unique in the field of private enterprise IPO is especially good at refining
and packaging concepts to the business after the Mengniu, Huiyuan, Country Garden,
Nine Dragons Paper and other projects, he has not Popular performance.
However, reading countless Cai Hongping who admitted Zhong Wang is his past IPO
project has special significance in a single:
"First, the world's largest, rare during the financial crisis, Chung
Mong to its maximum issue size, and the highest price-earnings ratio, the biggest
attraction for investors, has opened a global financial crisis of a new global capital
markets Page;
Second, Chung Mong rise in China's rapid economic development and
support of railway construction, 4-trillion stimulus package and transport the huge
demand, means that late in the financial turmoil, China's attitude to a new
giant tower in the world;
Third, Chung Mong-end in its own access to the equipment manufacturing industry,
opened to the world as an industrial base in northeast China's genetic
inheritance, and the revitalization of Northeast China, the concept of a new page.
"
Skilled in elaborate packaging investment banking terms, the concept behind the man
is loyal Wong Northeastern roots as a private enterprise to the international capital
markets docking difficult.
Why market? This is the road show period, almost every investor will be pointing to
Chung Mong financial statements for the year 2008 nearly 5.6 billion of bank
balances and cash, with 28% of the consolidated gross profit margin Chung Mong
asked questions.
This problem, as long as 4 years in Chung Mong-half to the listing process, Liu
Zhongtian also constantly asked myself. Back in 1997, he gave up a chance in the A
share market. August 1997, Chung Mong once got off A-share listed in the index. At
that time, the amount of financing constraints in policy rules, and so Liu Zhongtian
abandoned the idea in the domestic market.
In 2003, Liu Zhongtian Building a formal decision from the production of industrial
aluminum profiles to the transition, almost all the liquidity have hit in the plant
construction and equipment customization, while this transition has a long investment
peri

				
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posted:8/21/2010
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