www.chinaoiles.comZheng Jian-ming, who? In the past month, this is a bushings huge question mark lingering in the head of China's photovoltaic industry.
Beginning in November 2012, the name first holding a Hong Kong stocks listed PV available in a variety of copper alloys companies downwind photoelectric (01165.HK), followed by re-buy the entire base LDK LDK (NYSE: LDK) in Hefei, on January 21 involved in the the LDK Solar issuance made its third largest shareholder.
After the two holding companies Bimetallic Materials and joint stock company, in a short space of time, Zheng see quickly pull up a component from the polysilicon until vertically integrated PV industry chain. In fact, only able to calculate its holding of downwind photoelectric and LDK Solar Hefei base production, photovoltaic cell production can have more than 1GW, new energy in the country, second only to Yingli, JA, Suntech, Trina, Artes, Hanwha , Lee Teng Hui, Hairun PV.
"Zheng Jian-ming useful investment perspective, the acquisition price of the photovoltaic industry has the lowest." January 24, PV senior expert Liu Wenping judge China's photovoltaic industry in the before June EU double reverse, or usher in a tide of mergers and acquisitions . Double reverse settled, there will be a lot of capital came in to buy the dips, when the PV assets will be rising in tandem, full of opportunities before that. "
This is not the first large-scale PV companies are bargain-hunting. In early January, the whole industry chain of more than 1GW capacity, Lee Teng Hui is a listed company in Hong Kong of Goldpoly new energy acquisition consideration of HK $ 2.12 billion.
Solar Group Chairman Wang Xinghua told reporters bluntly, in the past few months, has been several times to hear investors talking about the possibility of hunters photovoltaic industry and then the market will have about double-digit growth, " Last year we module shipments also increased by 60%. "
Zheng Jian-ming, who?
Zheng to real estate started its Qianjiang Industrial Mingshen Industrial and other companies
January 21, LDK and FulaiInvestments signed the share purchase agreement, the latter agreed to buy Zevi LDK1700 million newly issued ordinary shares at a price of $ 1.83 per share, share totaled $ 31,110,000.
FulaiInvestmentsLimited is a company registered in the British Virgin Islands, Zheng Jian-ming wholly-owned operations in Hong Kong.
Zheng Jian-ming's Qianjiang Industrial (Group) Co., Ltd. (hereinafter referred to as the Qianjiang Industrial) before December 24, 2012, the cost of 25 million yuan, the acquisition of LDK Solar entire production base in Hefei.
"Zheng see is real estate in Shanghai, Hainan started multiple Industrial layout, its Qianjiang Industrial and Mingshen Enterprise (Group) Co., Ltd. (hereinafter referred to as the Ming Shen Industrial)" a Shanghai real estate sources told reporters Zheng quite low-key man, the the Shanghai gathering of some of the real estate sector but not its basic figure, the Cheng I also take part in some public activities less.
The data show that the Mingshen Industry was established in September 1993 with a registered capital of 250 million, mainly engaged in high-end buildings, residential, luxury hotels and high-end travel and leisure products, has developed a 5-star hotel in Shanghai, Hainan, Jiangsu, Zhejiang, Guizhou, residential and other high-end properties. One generous 3.0 billion investment in Sanya built called "new good Luhuitou integrated tourism real estate projects.
Qianjiang Industrial is engaged in industrial, investment and real estate business areas throughout the parking service, metal materials, building materials, auto parts, motorcycle accessories.
An assessment report on Mingshen Industrial as of Mingshen Industrial and Qianjiang Industrial control, Zheng Jian-ming, a former International Technology and Economy Institute of the Development Research Center of the State Council Research Associate, and other duties as the vice president of the Hainan Special Zone Times .
1993, after the Hainan real estate at low tide, Zheng see tomorrow to enter the Shanghai real estate market, and the development of a located in the Pudong New Area, "by Nishimura", Putuo District Macao apartment "and other projects; 1997, Hong Kong suffered financial turmoil, property prices rapidly waist chopped Zheng Jian-ming, then enter the Hong Kong property market.
2000, Zheng Jian-ming investment in Shanghai into a period of rapid expansion, its affiliated Mingshen Industrial and Qianjiang Industrial Development Mingshen Center Building, Qianjiang Business Square residential and commercial real estate projects; wound , Hainan shot rectify Hainan uncompleted flats, Zheng see see which opportunities to return to the real estate market in Hainan, while the acquisition of a number of uncompleted flats in Hainan, Sanya, Haikou and other places to get to more than 3,000 acres.
The Shanghai real estate sources said Zheng Jian-ming I like to play golf, but also interested in the collection, and photographed their favorite works of art commissioned Tenet auction company. However, the collection insiders, behind-the-scenes boss Tianheng auction Zheng Jian-ming.
Cheap bargain-hunting
Breakdown Zheng Jian-ming, three hunters photovoltaic industry, the low prices the industry envy
According to the latest disclosure of HKEx, Zheng Jian-ming downwind photoelectric held 463 million shares, 29.65% of the stake, to replace Tang Guoqiang become the largest shareholder. Its holdings in November 26 last year the price of HK $ 0.43, only HK $ 199 million (160 million yuan).
The data show that the downwind photoelectric board the "Forbes China," China's most promising SME list for two consecutive years in 2009 and 2010. Wen-Ping Liu told reporters, the downwind the photoelectric main photovoltaic cells products, production capacity is only about 100MW, the conversion efficiency among the industry's forefront.
January 2, 2013, Zheng Jian-ming holding Qianjiang Industrial acquired all the equity of LDK Solar Hefei spend 25 million yuan; involved in the issuance of LDK Solar to $ 31,110,000, and 12% of the shares, Zheng Jian-ming Zevi LDK's third-largest shareholder, ranked by Xinyu SASAC Albert Henderson the Hengrui new energy joint venture.
The CONSERVATORY example, The LDK Solar Anhui base has 48 production lines. These assets in accordance with the calculation had a production line of 50 million yuan, roughly 20 billion, even though (a production line) discount to 10 million yuan to 20 million yuan, is also 500 million - $ 1.0 billion in assets.
According to the reporter, LDK had been with Zheng Jian-ming team many contacts in a few months ago, LDK Solar Hefei has been handed over to the local management committee hosted.
Liu Wenping involved in LDK Solar issuance, "may be in the government shares, Zheng see that this part of the assets will be very safe, LDK Solar's brand influence to help their products dominate the market, and can LDK Solar cheap silicon procurement, in order to keep the cost of its the downstream batteries and components. "