Vol 2 Chapter 1022: [Shengfeng Capital's first phase investment faces the issue of lifting the ban]

Luo Sheng approved the signature and stamped Yuechuang Technology's dividend distribution document and asked: "Shengfeng Capital's first-phase financing subscription funds should be close to the lifting period, right?"
The biochip processor in Lin Ya’s brain immediately processed the relevant data, and then yearned for output. She only answered Luo Sheng's question within two seconds after finishing her question:
The first phase of subscription funds will be lifted in 2025 according to the agreement. year."
The financing subscription contract stipulates that all subscriptions for the shares of Shengfeng Capital Investment Fund shall be closed for a lock-up period of 15 years, during which the fund shares cannot be redeemed.
As for the SF main company contract that has emerged now, it has also topped the nominal value of Shengfeng Capital to more than 200 trillion or even 300 trillion yuan. This is not directly related to Shengfeng Capital.
They are all financial derivative tools developed by Wall Street for the purpose of collecting money. It is just a capital game. The total assets of Shengfeng Capital are just over 120 trillion yuan, and the SF main company has topped two or three trillion yuan. In essence, it is a bet on Shengfeng Capital’s future expectations that investors are willing to give it a double or even a double premium valuation for the net value of its fund shares.
Going further, it is the gambling on the ladder project. All investors around the world know that all the assets of Shengfeng Capital, the most valuable, most growing, and most large-scale core asset target is the space ladder.
This is recognized by all investors in the world.
It is also the core underlying logic for global investors to put the SF main chain on top of the two to three trillion valuations.
Although the SF main company and Shengfeng Capital do not constitute a direct relationship, they are in a sense of mutual entity and shadow relationship. The SF main company is the shadow of Shengfeng Capital.
At special time points, sometimes this shadow is quite terrible, such as the time when the first phase of Shengfeng Capital's capital is lifted.
"Is there two more years..." Luo Sheng leaned back on the office chair and looked at the ceiling and said: "Two years are long and short, and it will be a short time. So Xiaoya, I won't contact Qin Weimu. You take my words to her and let her handle them."
Lin Ya: "Well, Luo Brother, you said."
Luo Sheng thought for a moment and said: "Send an inquiry letter to investors who subscribe for the first-phase fund purchase of Shengfeng Capital. The 2O25 fund shares they subscribed for are closed for the 2O25 closure period. Whether they are due to redeem the fund does not require any commitment. The promise is to fart, telling them directly that if they are willing to renew the 15-year closed period, the bonus funds from the lifting of the ban can give them a chance to invest again."
Lin Ya nodded: "Okay."
Shengfeng Capital Investment Fund does not say that dividends will be reinvested. This also makes early investors more and more depressed now. Over the past ten years, they have deposited exceptionally rich dividend funds.
Of course, these dividends belong to the investors.
But there is no use for the name and no real eggs. There are no withdrawals during the closed period, and no dividends can be reinvested. In other words, the dividend funds of investors have been equivalent to interest-free deposits in Shengfeng Capital in the past ten years. The inflation rate of China has been depreciating for more than a decade.
Forget it, it’s too much if you can’t control it. It’s equivalent to let Shengfeng Capital use it for operation, but the money earned must be distributed to all Shengfeng Capital holders in proportion, and the depreciated part is The owner of the bonus funds shall bear it alone.
Those who benefit the most must be the investors who hold the most shares. For example, the Luosheng Family Fund, or the State-owned Assets Supervision and Administration Office, which accounts for more than half, the profit and profit generated by the operation of dividend funds should be exclusive to the owner of the dividend funds. Now it is necessary to share with all employees according to their holding shares.
That would be equivalent to a profit of 100 yuan, which was supposed to be monopolized. Now the State-owned Assets Supervision and Administration Office alone will have to set aside 51 yuan. In the end, the profit that I can get proportionally is only a few yuan.
For more than ten years, it’s not enough to be madly prostituted by Luo Sheng. The most cheating and the most excessive is that the loss of currency devaluation is carried by the owner of the dividend fund alone. It is really eating the least meat and suffering the most poisonous beating.
In fact, in absolute terms, investors must have swollen profits, especially investors who subscribed for the first period. Inflation is indeed depreciating, but the net dividend growth of fund shares is compared with global currency devaluation, and the hedge against devaluation is still leading the way. Eighteen Streets.
Generally speaking, this is a trouble of happiness.
Pay attention to the public account: book friends base camp, pay attention to send cash and coins!
But no one cares about how much money they have, they only care about less.
In fact, the early investors did not have so many ideas. Most of them hope to beat the inflation rate so that their wealth will not be over-diluted, and they can also avoid being harvested by Shengfeng Capital. If you can't beat you, I will join you. You are a global investment A big strategy for the author.
The entry barriers for investment in Shengfeng Capital are extremely high. Either it is an asset management institution such as BlackRock, Goldman Sachs Capital, and venture capital funds; or it is an individual billionaire.
What they care more about is not to depreciate their wealth excessively, not to be cut off by Luo Sheng, and a stable and certain acceptable annual compound growth is satisfied.
Not to mention it's pretty simple.
But no matter whether it is an institutional investor or a wealthy individual investor, no one has expected that Shengfeng Capital will be in a mess for more than ten years. The dividend fund pool deposited over the years is more than a little bit larger than they expected.
The bonus funds are so large that they are even more than the principal. There must be some opinions. Luo Sheng has used so many bonus funds for thirteen years and he has to bear the loss of inflation and devaluation. No one can figure it out.
But there is no way if he is unhappy. The contract was signed like this back then. I can only feel depressed that it was really sloppy back then. I didn't expect Luo Sheng to be so fierce.
After thirteen years, how much bonus funds belong to the investors of Shengfeng Capital's Phase I subscription? At that time, the scale of Shengfeng Capital was US$1.5 trillion, excluding exchange rate changes, it is now 4.88 trillion yuan. In the middle of the 13 years, two waves of investors jumped in at different stages. Today, the total assets of Shengfeng Capital are The scale is 122 trillion yuan.
What is this concept?
Investors equivalent to the first phase have produced a cumulative return of 1425% in the past 13 years, which is more than 14 times the return. This is not 14 times that of a small amount of money, but more than a billion yuan at every turn. The magnitude of one hundred million or even ten billion is 14 times the base, which is not generally outrageous.
The cumulative return of more than 14 times is equivalent to the annualized compound return rate of 109% for investors in the first phase.
It has more than doubled a year, and it has been like this for 13 consecutive years. There is still endless room for imagination in the future. Shengfeng Capital explained to the world what value investment is.
The annual compounded income of Bafit, who is regarded as the stock god, is only about 20%. Compared with the 109% of Shengfeng Capital, the stock god's performance can not be shot.
False value investor: stock god
The true value investor: Shengfeng Capital
The sovereign wealth fund owned by the local tyrants in the Middle East got on the bus twice. Luo Sheng’s epic wash of Shengfeng Capital that year washed away institutional investors on Wall Street, but did not wash out the big dogs. It was indeed impossible to wash it off, and the local tyrants were not short of that money.
The Sutter sovereign wealth fund was impressively included in the list of investors in the first phase. In the past, the big dog invested 65 billion yuan in the first phase. Today, 13 years later, this asset has swelled to a terrorist 991.2 billion yuan.
It's more than just a swollen, crazy-earning rhythm. Now the renminbi is relatively more and more valuable. This wave of operations by the local tyrants was a model of lying and winning, and it was the kind of winning in a silly way.
To say that the local tyrants thirteen years ago had real knowledge and insight, that was to look at them. The local tyrants really didn’t think so far. The local tyrants at that time were quite "innocent", but they felt that Luo Sheng, a young man who played high-tech, was famous all over the world. Something is financing for global investors.
Then vote for support.
The local tyrant just lay down and won.
But at the same time, it can also indirectly explain from the investment dividends of the local tyrants how happy Luo Sheng has been for investors in the first phase of "white prostitution" over the past ten years.
Among the 991.2 billion of local tyrants alone, 926.2 billion of bonus funds allowed Luo Sheng to sell prostitutes for free, and the total dividend for investors in the entire first phase was an astronomical figure.
Let him Luo Sheng give him a prostitute.
At the same time, it is precisely because of this that Luo Sheng will allow investors who have two years to lift the ban to greet them in advance and give them another wave of curse.
Promising dividends to invest again, Luo Sheng can be regarded as a big investment, this wave of dividends for investors in the first phase is not a small amount.
To put it simply and vividly, the bonus for the first fifteen years of my prostitution can be repaid to you when it expires. You can use the investment money to make money, but you can only reinvest this bonus to Shengfeng Capital. The price is you. In the next fifteen years when the Polish dividend reinvestment money and the original capital generate new dividends, I will spend another fifteen years without prostitution.
Because the fund closure period is extended for 15 years and other terms remain unchanged, it is natural to postpone it for 15 years and continue to use prostitution for 15 years.
The reason why Luo Sheng made this postponement is still based on the awareness of risk control, because Wall Street has established a SF main chain financial derivative product. It is very likely that the year when the first phase of investment funds is lifted, Shengfeng Capital will give a "Davis Double Killing effect".
Once the closed period two years later comes, the nature of capital chasing profit will drive investors to redeem the fund with capital and profit, and then speculate in the SF main company.
Because this can eat up the premium overdraft of Shengfeng Capital in the next fifteen years or even longer in advance, why should you continue to use prostitution to return Nima for fifteen years? As for what will happen to the next player, it is him Things.
Once such a situation occurs, Shengfeng Capital will either lie to it, but the result will detonate a credit crisis, or it can only sell its assets. UUreading www.uukanshu.com sells its stock assets and other means to realize cash to meet investors' redemption of funds demand.
The stock price will also plummet, and Shengfeng Capital’s assets will shrink further, which will then have a chain reaction to the plummet of the SF main company, which will trigger the "Davies Double Kill Effect" situation, which will then be transmitted to Shengfeng Capital to trigger systemic risks.
To prevent this situation from happening, it is to find a way to prevent the first-phase investors from running away. They should not redeem funds on a large scale. If they do not run away, they will not trigger the "David Double Kill Effect", but will continue to maintain the current "Daily The benign situation of the dimensional double-click effect.
If it is necessary to redeem, Luo Sheng will not run the risk of detonating a credit crisis. He can only use his own last resort, that is, the Luo Sheng family fund will come out to undertake the capital selling pressure brought by investors in the first phase. To ensure that Shengfeng Capital will not break out of the capital chain crisis.
This is his final trump card. If the baby at the bottom of the box is taken out, there is often no other way. Naturally, you can use it as much as possible, preferably never.
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(Ps: Happy New Year, everyone, arrogant~, I don’t know why I will post this Ps, just use it)