Private equity gang

The A shares are so weak, not only the shareholders of the secondary market sigh, but also to participate in the direction of the direction. Behind the "big guys" who are safe and guaranteed, they feel cool.

The reason why "Niu San" became the vane is not only the huge amount of funds, but also a variety of martial arts: new, participating in fixed increase, blogging reorganization, concepts of speculation, and so on. Among the special skills of "Fresh and Fresh, Eat all over the sky", the book assets of "Niu San" have soared significantly.

Among them, there is a favored "fixed increase" method to be Liu Yiqian, who is a long -term financial investor in listed companies. Like Liu Yiqian, the "Niu San" who likes to "Dingzei" is also Ge ​​Weidong, who is called "East Evil" by the outside world. This super -fame, which is famous for futures, has made a lot of money in the capital market in the years in the A -share market in the years.

During the four years of 2018 to 2018, Ge Weidong ranked 211th, 291st, 267th, and 296th in the Hurun Rich List for 16 billion yuan, 13 billion yuan, 20 billion yuan, and 22.5 billion wealth, respectively. However, there is no hundred days of red. In the past year, Ge Weidong's days in the fixed -increase market are not too good.

Why is this seemingly stable sale?

01. Steady sale

Generally speaking, participating in the fixed increase in listed companies. Although it is necessary to face a certain lock -up period, it is often possible to obtain the shares of listed companies at a certain discount price. It is a good opportunity for "picking up cheap" for the medium and long -term investment institutions.

According to the same flower of the same flower, such as defining the "safety pad" as "the price of the increasing plan is lower than the closing price of the previous reinstatement". As of September 14, 2022 During the directional development, "safety pads" appeared in 20 increasing issuance. From this perspective, if the project is picked up, the institution is involved in a fixed increase, which is almost a stable sale.

However, due to the lock -up period, it is large and unpredictable during the lock -up period. If it was difficult to buy the stock at a discount price, it was an exception to catch up with the stock price of the listed company during the lock -up period. In 2019, Ge Weidong, who had earned 166%of Dingzhao Zhaoyi Innovation, encountered this exception in the first -level market.

Since 2021, Ge Weidong's two fixed increases have been involved, and the results are unsatisfactory. The first is Ge Weidong's first use of the top ten shareholders in 2017. Earlier this year, in the Dingyou -release issuance of UFIDA, Ge Weidong received 6.2598 million shares, with an amount of about 200 million yuan, and the issuance price was 31.95 yuan/share.

From 40.11 yuan/share in January, UFIDA's stock price fell to 16.43 yuan/share at the end of April, which fell 48.57%from the fixed price increase. As of the second quarter of 2022, he still held 1.46%of the company's shares, ranking the seventh largest shareholder.

According to the stock price of 19.45 yuan on September 15, Ge Weidong's floating loss also reached 30%. This also means that Ge Weidong, who has locked for more than half a year, has become "Yang Bailao" (not making money, and lost).

The second is Anheng information that Ge Weidong entered the list of shareholders in the third quarter of 2020 and lifted the ban in April this year.

In the second half of 2021, Anheng Information released a fixed increase result. Ge Weidong, as the only individual investor, received 925,300 shares for 324.23 yuan/per share, and the subscription amount was 300 million yuan. But unexpectedly, Anheng's stock price began to turn around. By April 27 this year, it was once explored to 109.38 yuan/share during the market.

Although it was repaired later, as of September 15, the latest closing price of the stock was only 149.90 yuan/share. According to the previously acquired shares, Ge Weidong's floating loss ratio is as high as 50%. There are Zhuyu, which has made great earnings such as Zeng Zhaoyi Innovation and Tibet Pharmaceuticals. Why did Ge Weidong lose enough to buy and sell in this seemingly stable earnings? This is related to the A -share callbacks in the past year.

Since the beginning of the year, the CSI 300 Index has a cumulative decline of more than 18%. The decline in July 1 has exceeded 10%, and it entered autumn early. The A shares are so weak, not only the shareholders of the secondary market sigh, but also to participate in the direction of the direction. There are "big guys" behind the safe pads, and they also feel the coolness of them.

According to the statistics of the Securities Times data treasure, more than 120 projects have been completed in the fixed -increase projects in the past year, of which more than 70 projects have floated by more than 10%. However, from the perspective of a private equity person, it is not terrible to float when the fixed -increase shares lifted the ban. What is important is whether there is a problem with the fundamentals.

"If there is a problem with the fundamentals, then sell stop loss. If it is only a short -term factor, it is still optimistic in the long run, or the fluctuations caused by short -term emotions, then continue to hold." The person said. The fundamentals of Ge Weidong's two companies have surfaced.

Anheng Information, in the first half of this year's revenue growth rate slowed down, the net profit of returning to the mother was 372 million yuan, a decrease of nearly 113%year -on -year. UFIDA's net losses in the first half of the year were 2.43 to 273 million yuan.

Faced with floating losses, in response to these two companies, Ge Weidong's attitude has differentiated. From the current point of view, although Ge Weidong's hands on Anheng Information Dating shares have been lifted, according to the central report data, as of the end of the first half of this year, Ge Weidong still has not sold it, holding a total of 19.313 million shares, which is still the eighth largest of the company's eighth largest. shareholder. Among them, 925,300 shares were added in the second quarter. According to the previous quarterly information information, Ge Weidong continued to sell UFIDA's circulation stocks in the first quarter and second quarters of this year. After lifting the ban, Ge Weidong went to stay, still waiting to be disclosed in the latest three quarters.

What kind of life does Ge Weidong have? What is the strangeness of his investment style?

02. Open life

There is a chain of contempt in the investment community: the contempt of futures fried stocks, the contempt of stocks of stocks, and the funding of the fund's contempt for the bank. As soon as Ge Weidong entered the investment circle, it was the most difficult futures.

In 2000, "Xiao San" Ge Weidong gave up the "iron rice bowl" of state -owned enterprises and came to Shanghai to make futures investment. At that time, the Chinese futures market grew brutal. Holding money from work, with years of experience in dealing with agricultural products, Ge Weidong has a boldness than ordinary people. At the beginning, Ge Weidong experienced two positions, but he quickly found his shortcomings from the lessons of failure: not self -discipline, he could not know the union.

In order to achieve extreme self -discipline, Ge Weidong and a girl who was at home with a good salary, the girl performed related operations every day, which allowed him to avoid a lot of emotional operations. As the market is good, the account of the account becomes more every day. With the deepening of market understanding, Ge Weidong formed his own trading system.

Futures can not only do more, but also short. Ge Weidong strictly traded in accordance with his own operating system, made more at the low point, short -term, and rose from 2004. Under the leverage effect, Ge Weidong made a lot of profit: the year of poor returns, in 50%~ 60%; the year of good income will turn two or three times.

Even during the 2008 financial crisis, global shareholders were affected, but his wealth quickly expanded to billions. Ge Weidong's quality of life also kept up with wealth. On July 30, 2009, Ge Weidong ordered a Italian luxury yacht at a price of 3.205 million euros, one of the earliest luxury yacht shipowners in China.

The yacht appeared on Ge Weidong's Weibo many times. He also founded the Sinan Cup Grand Sailing Race with people. In 2013, he appeared at the scene of the "Haitian Shengnan" Asian yacht awards ceremony as the guest of the award.

(Weibo screenshot)

Ge Weidong was once regarded as a legend, and he was the least inseparable from his "copper". In early 2014, the international copper price fell sharply, with the biggest decline in history for three consecutive days. At the time, some media said that the main reason for the decline in international copper prices was that my country's funds fell a lot of funds to fall in the decline in copper prices. Ge Weidong is the main promoter.

At the beginning of March of the same year, the market rumored that Ge Weidong began to spend a lot of money to hoard cobalt, stocking nearly 10,000 tons, and the price of metal cobalt increased by more than 125%in this year. This can be described as an income calculated by 10,000 times.

While the futures market rose, Ge Weidong entered the stock market in 2005 and established a private equity company chaotic investment. From the perspective of the outside world, stocks and futures seem the same, but they are different. From one field to another, it is a great adventure. Ge Weidong value the trend more.

He believes that stocks, like futures, have some certainty trends. At that time, Ge Weidong preferred financial stocks, and he saw the unpopular stocks in the market. Ge Weidong believes that this stock has a large amount of unavailable value. He spent a total of 2.2 billion yuan, becoming his third largest shareholder and the only natural shareholder of the top ten.

Ge Weidong's judgment was verified. The trend of Ping An Bank's stock price rose along the way, and Ge Weidong Fuying also exceeded 2 billion. Later, he continued to discover tickets for potential value. For example, stocks such as Tibet Mining, China Science and Technology, Tibet Pharmaceuticals, Northern Huachuang, Aimei, and Hangfa Control have also made Ge Weidong make a lot of money.

During this period, Ge Weidong also lost his hands, such as Antai Technology, Red Sun, Huayi Brothers, Andy Su, and Guirong shares that he had held. Even so, Ge Weidong got far greater than the loss.

With the investment in the stock market and the futures market, from 2017 to the five years from 2017 to 2021, Ge Weidong all appeared in the Hurun Wealth List with more than 10 billion yuan. One year, when the media asked his way of success, Ge Weidong said confidently, "I am inherently investing in investment, and I can only rely on investment to eat."

Judging from the successful investment cases of Ge Weidong, all of them were ambushing forward at the stock price rising, and they were able to endure the severe fluctuations during the period, and finally observed the clouds. Some people have also summarized Ge Weidong's stock selection strategy to divide it into the "trilogy": first selected the White Horse Stocking Camp, and then selected a better stock layout of Chaoyang Industry and good performance, and finally invested in the balance between income and safety.

03, change and unchanged

Capital transactions are full of unknown and risks, no less than a game of excitement. In recent years, Ge Weidong, who has no opponent "without an opponent", has not only had an opponent, but also changed.

Ge Weidong increasingly avoided the strengthening of his personal ability, but paid more attention to the emphasis on chaotic investment governance and team wisdom. Compared to earlier like financial stocks, Ge Weidong now prefers technology stocks, such as Qi Anxin. In the second quarter of this year, in addition to the additional position and Anheng information, Ge Weidong also entered Delong laser. Ge Weidong's investment style has also changed. Since 2022, Ge Weidong has been very cautious. In the futures market, he has abandoned his previous gambling style, and the stock market has continued to reduce holdings. In the second quarter, Ge Weidong reduced its holdings of 3.7293 million shares to 18.1824 million shares in the largest heavy warehouse shares. This is also the fourth consecutive quarter of reducing holdings since the third quarter of 2021.

UFIDA has also suffered the same "treatment". Beginning in the fourth quarter of 2020, Ge Weidong launched a "selling" model. In the second quarter of this year, Ge Weidong reduced 26.1 million shares to 50.15 million shares, and the market value (as of September 15) fell to more than 900 million yuan.

From the perspective of the two -quarter newspaper's position, Ge Weidong appeared on the list of top ten shareholders of 10 companies, with a total market value of 6.748 billion yuan. This is the lowest value of Ge Weidong's market value in recent years. However, one thing Ge Weidong has not changed, that is still not "single fight".

In the capital rivers and lakes that appeared in Ge Weidong, there were always one or two people who were related to him. One is Ge Guilan and the other is Wang Ping. Ge Guilan is Ge Weidong's sister. She holds 6.2987%of Chaos Dao Ran and holds 1.0268%of Chaos Investment.

Although it is impossible to prove that Wang Ping is Ge Weidong's wife, it is certain that this person has inextricable connections with Ge Weidong. According to the company's investigation data, Wang Ping not only holds about 10.63%of the shares of chaos, but also serves as a legal representative of Shanghai Dongjing metal. The actual controller of these two companies is Ge Weidong.

They have appeared in the same stock many times. For example, Kaisheng New Materials, which was listed on September 27, 2021, Ge Weidong became one of the top ten shareholders of the company in the quarter in the quarter, with a position of 2.5485 million shares, with a market value of 84 million yuan. In the fourth quarter after that, Ge Guilan also entered the list of the top ten shareholders of Kaisheng's new materials and became the largest shareholder of circulation.

The two also appeared among the top ten shareholders of listed companies such as Qi Anxin and China Pets at the same time.

According to the latest 2022 report data disclosed by Zhongyong's shares, Ge Guilan holds 4.2161 million shares, ranking 7th largest shareholder of circulation. Furthermore, Ge Gui Lan entered the top ten shareholders of the top ten circulation shareholders in 2021, holding 4.2161 million shares. By the second quarter of this year, the holdings of the shareholding in the past five consecutive quarters have not changed. Ge Weidong also reported to become the top ten shareholders of China Pet Shares in 2021, holding a position of 107 million yuan.

The Ge Weidong family who advances and retreat has some mysterious operations. In 2020, Ge Weidong first gave the shares of Tibet Pharmaceutical to her sister Ge Guilan. After that, Ge Gui Lan successively cut off and sold at a high point.

The same operation method appears on "women's Moutai" love guests. According to the information disclosed in April 2021, Ge Weidong's figure disappeared in the top 10 shareholders of the stock. At the same time, Wang Ping replaced Ge Weidong to become the second largest shareholder, holding 443,500 shares, accounting for 0.90%of the total circulating shares.

"Similar gameplay is the usual means of some speculation institutions, that is, using people's general cognition to guide ordinary investors and cover for their own advancement and retreat," said IPG China Chief Economist Bai Wenxi.

"Ge Weidong is both a super bulls and a dual identity of the chaos investment actual controller. It can allow him to exert market influence as an institution, and he can also be self -made as a personal identity. He is good at using rules and retail psychology, but he respects the rules But the division is more. However, this gameplay can't last long. "

It is said that in Ge Weidong's office, there is a tapestry, and a lion's avatar occupies the entire picture. The hair and beards are clearly visible and lifelike. In Ge Weidong's view, investment also needs a lion -like personality, who is good at patience and learn to wait.

However, the stock market has never had new things. Everything that happened today has happened in the past and will still happen in the future because human nature remains unchanged.

(Except for the sources alone, the above pictures are from Visual China)

(Author 丨 Tao Ting, editor 丨 Han Zhongqiang)

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