After Shunxin Agriculture's announcement was issued, attentive investors quickly discovered a detail in Shunxin Agriculture's first quarter report.
In the explosive quarterly report, Henglong Capital's name appeared for the first time in the shareholder list of Shunxin Agriculture.
As of March 31, Henglong Capital Co., Ltd. held 28.4 million shares of Shunxin Agriculture, accounting for 4.99% of the total share capital, ranking among the top ten Major Shareholder.
This information was quickly discovered by careful investors in Stock Bar, and a screenshot quickly spread in major investment communities.
The four words "Henglong Capital" are no stranger to investors who are familiar with Henglong Group.
The annual report of Henglong Group has just disclosed that Henglong Capital is a wholly-owned subsidiary of Henglong Group, with a registered capital of 500 million yuan, specializing in foreign investment business.
In East Money Stock Bar, Shunxin Agriculture's discussion reached the first place in the section within half an hour.
Posts flooded the screen one after another, almost every one of them discussing the emergence of Henglong Capital.
"Henglong Capital bought Shunxin Agriculture and Major Shareholder in the first quarter, holding 5% of the shares!
Based on the average price in the first quarter, their cost is about 18 yuan.
Now the stock price of Shunxin Agriculture is 24 yuan, and the floating profit exceeds 30%!
I made nearly 200 million in one quarter, what kind of magical operation is this?"
"Zhao Chen is really a stock god.
Shunxin Agriculture's first quarter report came out, net profit increased by 94.61%, the stock price rose from 18 to 24, and people opened a long position a quarter in advance.
This is not luck, this is real ability."
"Henglong Capital has contributed 200 million in floating profit to the parent company in less than a month after its establishment. This is much faster than selling a house. The 'transformation from a real estate company to an investment platform' mentioned by Zhao Chen seems to be really coming true."
On Snowball, the discussion is more professional and in-depth. A user certified as a "professional investor" posted a long post titled "Henglong Capital: The next Berkshire?". The post read, "Henglong Capital entered the top ten Shunxin Agriculture in the first quarter. Major Shareholder holds 5% of the shares and costs about 18 yuan. Shunxin Agriculture's first-quarter net profit was 366 million, a year-on-year increase of 94.61%, far exceeding market expectations. Henglong Capital's timing for this investment was very precise - it completed the position before the release of the first-quarter report and waited for the valuation to be restored after the performance was realized. This is not a retail-level operation, but an institutional-level prediction ability. Zhao Chen's investment vision is definitely the first echelon in the A-share market."
Another user replied, "The key is that Henglong Capital is not only taking action on Shunxin Agriculture. They also have plans on Yunnan Agriculture and Bubble Mart. Three lines are advancing at the same time, and each track is the main line for the next five to ten years. Zhao Chen, this person, has a really big pattern."
Some investors left a message on the official WeChat account. "Zhao Zong is wise! Henglong Capital made money right after it was established. This is the real value investment!" Someone else posted on Snowball: "Shunxin Agriculture will report this quarter. Henglong's floating profit will continue to expand. Baijiu's business accounted for 80% in the first quarter. Real Estate's business will be divested sooner or later. At that time, the valuation logic will completely change. This investment in Henglong will at least double."
At the same time, the stock price of Shunxin Agriculture opened high on the first trading day after the release of the first quarter report, jumping directly from 24.05 yuan to 26.5 yuan, an increase of more than 10%. Trading Volume was three times the average price of the past week. Buying Pressure kept pouring in, and there were only a few sellers.
Zhao Chen looked at the gap that jumped high on the screen and said nothing. Chen Xi stood behind him and said softly, "Zhao Zong, the brokerage began to raise the price The target price has been raised. Dongxing Securities has been raised from 33 yuan to 38 yuan, and Guosen Securities has been raised from 33 yuan to 40 yuan. The market is repricing Shunxin Agriculture."
Zhao Chen nodded. "Shunxin Agriculture's quarterly report is not only good in data, but more importantly, it verifies the explosive logic of Baijiu's business. The market had previously given Shunxin Agriculture The valuation of has always been dragged down by pig farming and real estate. Now the first quarter report proves that Baijiu is the core of this company. When the market digests this logic, the stock price will no longer be a problem of 24."
Chen Xi asked, "Then when will we sell?"
Zhao Chen thought for a while. "No rush. Wait until the market switches the valuation logic. Baijiu gives 20 times PE. Based on the predicted net profit of 577 million in 2018, the market value is 11.5 billion, corresponding to a stock price of about 20 yuan. But if the market switches to 30 times PE, that will be a market value of 17 billion, corresponding to a stock price of more than 30 yuan. Shunxin Agriculture There is still room for this position."
While the stock price of Shunxin Agriculture was rising steadily, another message appeared in Henglong Stock Bar. An ID that had been silent for a long time suddenly posted a message with only one sentence. "Lu Shen has been sentenced."
The post was quickly upvoted. More details were posted - Lu Shen, Blackstone Group The former vice president of China District was prosecuted by the procuratorate for a duty-related crime involving a huge amount of money. Court found that he took advantage of his position to illegally appropriate the fund funds managed by Blackstone China for himself. The amount was extremely huge, constituting the crime of official embezzlement. He was sentenced to twelve years in prison in the first instance, and The personal property was confiscated. Blackstone Group also filed a civil lawsuit against Lu Shen, and Court ruled that Lu Shen should compensate Blackstone Group for relevant economic losses and interest. Blackstone stated that it accepted the judgment and would not appeal.
The comments section below the post exploded.
"Twelve years! Didn't this person confront Zhao Chen before? He cut off Eaglet Farming and Animal Husbandry, Short Selling Henglong, and ended up going in by himself."
"What does Blackstone's compensation judgment mean? Blackstone also has to pay money? Blackstone also has to bear the responsibility for what happened to Lu Shen alone?"
"It should be that Blackstone had poor internal management, and Court was sentenced to joint liability. Although Lu Shen committed a personal crime, he used Blackstone's resources. Court sentenced Blackstone to compensate, which shows that there is a problem with Blackstone's internal risk control."
"Zhao Chen is the real winner. Lu Shen wanted to intercept his Eaglet farming and animal husbandry, but was counterattacked. Now Lu Shen has entered, Blackstone has lost money, and Zhao Chen's Henglong is getting bigger and bigger."
Another piece of news was posted: Lin Wanqing's construction company has entered bankruptcy liquidation procedures after Spring Festival. This company, which was once well-known in the industry, lost its financial support from Lu Shen and suffered a cash flow rupture., Suppliers filed a collective lawsuit, and the construction site was suspended. In the end, there was no way to recover. The bankruptcy administrator designated by Court has moved in and began to liquidate assets. Lin Wanqing himself is said to have left Shan City, and his whereabouts are unknown.
Someone revealed the relationship between Lin Wanqing and Lu Shen. The two had collaborated on multiple projects, and Lu Shen's funds had undergone a series of complex transfers through Lin Wanqing's company. After the Lu Shen case, Lin Wanqing's company became the first domino to fall.
It was already afternoon when Zhao Chen saw these messages in the office. Chen Xi compiled Stock Bar's posts into a briefing sheet and put it on his desk. Zhao Chen was silent for a long time after reading it.
"Lu Shen was sentenced to twelve years." Chen Xi said softly.
Zhao Chen nodded. "He brought it upon himself."
Chen Xi hesitated for a moment and then asked, "Where is Lin Wanqing?"
Zhao Chen leaned on the back of the chair and looked out the window. "Her company should have collapsed long ago. Without Lu Shen's funds, she wouldn't have been able to last that long."
Su Wantang walked in with tea and put the tea cup on Zhao Chen's table. "Lu Shen's incident has had a big impact on Blackstone."
Zhao Chen picked up the tea cup and took a sip. "Blackstone is not the first time this kind of thing has happened. But this time is different. Lu Shen used the resources of Blackstone China, but it was a domestic private enterprise that was intercepted. Court sentenced Blackstone to compensate. Once this precedent is set, Blackstone will be more careful in doing things in China in the future."
Su Wantang asked, "Then do you think Lu Shen has any impact on Henglong?"
Zhao Chen thought for a while. "No. Lu Shen is no longer Henglong's opponent. From the moment he failed to intercept Eaglet Farming and Animal Husbandry, he was already out."
He put down his tea cup, stood up, and walked to the window. The sun shone in from the window, casting half light and half shadow on his face. The Yangtze River outside the window shone in the sun, the cargo ship on the river slowly passed by, and the whistle sounded in the distance.
"The stock price of Shunxin Agriculture will continue to rise. The floating profit of Henglong Capital will also expand. The case of Lu Shen is just an episode on the road. We will not stop doing anything we should do." He turned around and looked at Chen Xi and Su Wantang, "You should do whatever you want. The tracking of Shunxin Agriculture cannot stop. The first quarter reports of Tongce Medical and Pien Tze Huang will be released soon, so keep an eye on them."
Chen Xi nodded and walked out holding the file. Su Wantang followed her. When he walked to the door, he looked back at Zhao Chen and then gently closed the door.
Zhao Chen stood alone in front of the window. Outside the window, Shan City's dusk was getting darker, and the cruise ships on the river turned on their lights. He remembered that a year ago, Lu Shen stood in Blackstone China's office, looking at the data on the screen., Eaglet Farming and Animal Husbandry, who was thinking about how to cut off Henglong. A year later, Lu Shen stood in the dock of the court, listening to the judge read out the twelve-year sentence. The capital market is like this. You think you are hunting others, but in fact you are the prey.
He picked up the tea cup. The tea was already cold, but he still took a sip.