The former central bank accountant made a huge profit of 60 billion yuan. Lin Li, the former invisible richest man in Shenzhen, is the real capital tycoon

The former central bank accountant made a huge profit of 60 billion yuan. Lin Li, the former invisible richest man in Shenzhen, is the real capital tycoon
12:00, April 6, 2021 Sina Finance We Media Integration

   Original title: former central bank accountant, a huge profit of 60 billion! The former invisible richest man in Shenzhen is the real "capitalist"

   Source: Great Jianghu Solution

   Author: Jianghu Dada

Lin Li sold all the real estate projects and restaurant businesses for cash. Gathered more than 500 million yuan, and won the equity of Ping An Insurance at one fell swoop, becoming one of the top ten shareholders. With the expansion of the market value of Ping An Insurance, Linli's investment of 500 million yuan at that time soared to more than 60 billion yuan.

In Shenzhen, rich people are everywhere. If you throw a brick on the street, you may hit one or two rich people carelessly.

Well known to the public, such as Tencent's pony, BYD Wang Chuanfu and Yao Zhenhua of Baoneng are both well-known Shenzhen tycoons.

However, among the rich in Shenzhen, there is a super rich named Lin Li, who is extremely low-key.

Lin Li seldom shows up and hardly accepts media interviews, which makes him even more mysterious and unfathomable.

He used to be the richest man in Shenzhen, and that was his first time; However, he could not explain the history of his unknown fortune, which made the outside world more talkative.

Later, Lin Li disappeared in the eyes of the media and made his capital empire bigger and bigger.

Recently, Lin Li was interviewed publicly for the first time, and people were surprised to find that Lin Li is the real invisible capitalist.

At the same time, Lin Li's mysterious history of making a fortune has finally been exposed.

So, what is Lin Li's secret history of making a fortune? How big is his capital empire?

   / 1 /

In 1963, Lin Li was born in Zijin County, Heyuan City, Guangdong Province.

Lin Li is the eldest son of the family, and has two younger brothers and a younger sister; One of them has a younger brother named Lin Cong and a younger sister named Lin Chunqing. Several younger brothers and sisters later held important positions in the enterprises founded by Linli as executives.

His father, Lin Xizhao, has been working in a township government department under Zijin County, while his mother has been working in a township enterprise for a long time.

When Lin Li was still young, his father was sent to the countryside. There were six people in his family, living on a meager salary.

Lin Li did well in his studies. He was admitted to a junior college and studied accounting.

In 1979, after graduating at the age of 16, Lin Li joined the Zijin Branch of the People's Bank of China and became an accountant.

The next year, Shenzhen set up a special zone, and people rushed to Shenzhen; At that time, Lin Li's family members also came to Shenzhen for development.

  ▲

Shenzhen in 1980

However, Lin Li didn't come to Shenzhen at the first time. Instead, he went to the People's Bank of China in Zijin County and agricultural bank , have worked for several years.

Until 1985, Lin Li, 22 years old, came to Shenzhen Bank of China Shangbu Road Sub branch, acting as the chief of accounting section.

Coming to Shenzhen, the forefront of reform and opening up, and engaging in the most emerging financial industry, Linli has encountered opportunities that are difficult for ordinary people to reach.

In December 1990, Shenzhen Stock Exchange was established; Shenzhen Jintian, Vanke, Shenzhen Yuanye and Shenzhen Anda, among the old five stocks in Shenzhen, are all issued by Bank of China.

  ▲

Shenzhen Stock Exchange was established

At that time, Lin Li just participated in compiling the accounting of these four stocks.

This enabled Linli to contact the Chinese stock market earlier than others and realize the value of stocks earlier.

When he had nothing to do after work, Lin Li rode his motorcycle to buy stocks at a roadside stall on Yuanling, Hongli Road.

At that time, it was stipulated that one ID card could only receive one new share subscription certificate.

Lin Li asked his father, who was the town secretary in Zijin County, to ask the local police station for help, and pulled a busload of people to help buy stocks.

Lin Li invested several thousand yuan. With the price of the old five shares soaring, Lin Li earned three million yuan after clearing his position.

After earning the first bucket of gold in his life, Lin Li tasted the magic wealth making power of the stock market and could no longer work.

   / 2 /

In 1995, Lin Li quit his job as a bank and set up Liye Group.

In addition to stock speculation, Lin Li also invested the money he earned into the real estate and catering industries.

Fuhua Restaurant in Shenzhen, as well as Jinlongge Catering, are industries with numerous investments.

Lin Li has also developed several real estate projects, including Aerospace Liye Huating. All these investments have made huge profits, which has doubled Lin Li's value.

At that time, Lin Li realized that it was difficult to earn 100 million yuan in industry; However, the profit of 100 million yuan earned in the industry is far higher than that of the industry.

In 2002, Jiangmen Securities, which had only five business outlets, had more than 200 employees and was in a loss making business predicament.

Lin Li realized the scarcity of securities license plates and bought them at a low price while Jiangmen Securities was looking for buyers at a loss.

This transaction will bring him tens of billions of yuan in more than ten years.

A year later, Lin Li saw another potential equity investment opportunity. The investment linked insurance launched by Ping An Insurance triggered a wave of risk withdrawal due to the downturn in the capital market.

Shenzhen Investment Management Company is the largest shareholder of Ping An Insurance, holding 16%, which accounts for too much. In addition to losses of Ping An Insurance, it needs to sell some equity.

88 million shares of Ping An Insurance, accounting for 3.6% of the total share capital, were listed for sale at the Shenzhen Property Rights Trading Center at a price of 5.93 yuan per share.

But for the first time, it was not sold. After learning the news, Lin Li felt that this was a once-in-a-lifetime opportunity.

Therefore, Lin Li sold all the real estate projects and restaurant businesses for cash. After collecting more than 500 million yuan, Lin Li took the equity of Ping An Insurance at one fell swoop and became one of the top ten shareholders.

The following year, Ping An Insurance was listed on the Hong Kong Stock Exchange.

In 2007, Ping An Insurance was listed on the Shanghai Stock Exchange. The high premium of A-share makes Linli's wealth soar.

It was also in 2007 that Lin Li became the richest man in Shenzhen with a wealth of 17 billion yuan.

With the expansion of the market value of Ping An Insurance, Linli's investment of 500 million yuan at that time soared to more than 60 billion yuan.

Lin Li gradually reduced its holdings by more than 40 billion yuan, leaving more than 20 billion yuan of Ping An shares.

However, Lin Li did not stop making quick money in the financial market. He immediately used most of the investment income to buy the industry.

After Lin Li realized a large amount of cash from Ping An, he just encountered many local state-owned enterprises' operating difficulties, and many state-owned enterprises' shares can be bought at 1 yuan per share.

As a result, Linli began to sweep at crazy low prices nationwide.

The subsidiaries of Nanjing Liye Power Transformer, Sichuan Liye Electronics, Hubei Liye Biology and other groups were acquired by Linli at that time.

This made Liye Group expand rapidly in a short time and become an industrial giant with 30 factories and 30000 employees nationwide.

If these enterprises are integrated together, Liye Group can become one of the world's top 500 enterprises.

However, many pragmatic and low-key companies did not do so. Instead, they scattered these companies, sank into the water and disappeared out of the sight of the mass media.

Up to now, few people still know Liye Group, let alone that it is such a huge industrial group.

   / 3 /

The strength of Jiangmen Securities acquired by Linli cannot be underestimated.

In order to make Jiangmen Securities bigger, Lin Li changed its name to“ Hualin Securities ”, get rid of the shackles of a local securities company.

Later, Lin Li moved the headquarters of Hualin Securities to Zhuhai, Shenzhen and Beijing respectively; Every move can double the number of outlets of Hualin Securities.

Lin Li also introduced experienced talents to Hualin Securities, and hired Guotai Jun'an Vice President of Guosen Securities The vice president of Ping An Securities and the vice president of Ping An Securities came to deal in Hualin Securities.

Until 2014, after the former Ping An team left Hualin Securities, Lin Li went from behind the scenes to the front stage and became the chairman of Hualin Securities.

  ▲

Forest

At that time, Lin Li found that there were few people he knew in his own Hualin Securities.

Faced with the availability of people who have no trust, Lin Li had to recruit his sister Lin Chunqing from the Bank of China to become the director of human resources, focusing on human resources; Then he appointed his wife Pan Ning, a financial gold collar of the post-80s generation, as the vice president in charge of finance.

This kind of nepotism also made Hualin Securities into a controversy, and was considered to be a family securities company by the outside world.

After Lin Li took charge of Hualin Securities, the profit level began to rise rapidly. In five years, he earned a profit of 3 billion yuan.

From the day he became the owner of Hualin Securities, Lin Li has been planning to go public.

In 2016, Lin Li had just served as the chairman of Hualin Securities for three years, met the listing conditions, and submitted the listing application to the CSRC.

On January 17, 2019, Hualin Securities went public as expected, and Linli's capital territory expanded again.

  ▲

Listing of Hualin Securities

At present, the market value of Hualin Securities is up to 34.1 billion yuan, and 61% of the equity belongs to Linli Shiye Group.

That is to say, a bargain deal more than ten years ago brought Lin Li more than 20 billion yuan in return, which is amazing!

   / 4 /

According to the available public information, we can not fully explore the capital territory of the forest.

What we know is only the tip of the iceberg of the capital empire.

Liye Group, the WeBank launched by Tencent, is also a major shareholder of 20%; In addition, Wuxi Bank Some bank assets are also in the capital territory.

There is no doubt that compared with some emerging capital barons, Lin Li is the real capital baron.

What's more, he is a crocodile sinking in the water.

Not known to all, he quietly waited for his prey.

This is also a typical feature of the pragmatic rich in the south, especially in Guangdong. They like to hide their wealth in the invisible, unknown and not to be remembered.

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