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Why is there no ant stock in Cai Chongxin?
There is a saying that "the big ones are hidden in the DPRK, the middle ones are hidden in the city, and the small ones are hidden in the wild". When Cai Chongxin joined Alibaba, he didn't invest in Ma Yun's team himself, but chose the investment that matched Son's. Although he is not one of the "eighteen arhats", he ranks second in Alibaba and even first in some aspects.

The shares of Ant Group are simple to say, but the detailed investigation is also very complicated. Cai Chongxin doesn't have no ant shares, but indirectly holds shares. The top three shareholders of Ant Group are Alibaba, Hangzhou Hanjun and Hangzhou Junan, with the shareholding ratios of 33%, 28.45% and 2 1.53% respectively. And Cai Chongxin holds Alibaba 1.6% of the shares, which is regarded as an indirect shareholding in Ant Group.

So, what about the second and third largest shareholders of Ant Group? These two major equity companies represent the shareholding of ant employees. The largest shareholder of Hanjun's equity is Jie Jun's equity, and the actual controller of Jie Jun's equity is Yun Bo Investment. The largest shareholder of Jun 'ao Equity is Ji Jun Equity, and the actual controller of Ji Jun Equity is Yun Bo Investment. Among them, the shares are basically executives of Alibaba and Ant Group. However, there is no Cai Chongxin.

Since it is a part of employee stock ownership, personally, Cai Chongxin, as the second person, should have a lot of shares. And why there is no data showing that there should be a holding relationship, or internal employee stocks are not shown.

Without data, it is natural to think that Cai Chongxin has no shares at all. This may also be Cai Chongxin's intention. In recent years, Cai Chongxin has left many important positions, but as a permanent partner, he has not left Alibaba. Judging from this situation, it may be that Cai Chongxin deliberately faded out of the market and led Alibaba to one of the largest technology companies in the world. He is over 55 years old and may have new arrangements.

In fact, objectively speaking, Cai Chongxin is not without any data showing that there are no shares in Ant Group. Judging from Alibaba's shareholding, it shows indirect shareholding.

Cai Chongxin once discussed this issue with Ma Yun. Ma Yun tells him your surname is Cai, and ants will eat you! Cai Chongxin a listen to very reasonable, so he voluntarily gave up the ant shares.

The fact that public information is not displayed does not mean that Cai has no shares. Equity is full of indirect shareholding and agency shareholding, which is very complicated and even hidden. Specifically, there are the following possibilities.

1. Indirect shareholding

There are two partnerships among the shareholders of Ant Group, and the shareholding ratio is quite high. Obviously, they are employee-owned organizations.

What is an employee stock ownership organization? That is, the employees of the ant group did not directly buy the shares of the ant group, but benefited as shareholders of the ant group. This kind of operation is very common, which can prevent employees from selling stocks in large quantities in the open market and weaken the control of actual controllers over listed companies.

Therefore, most employees of Ant Group belong to typical indirect shareholding.

As the top ten shareholders of Ali, Cai owns many shares of Ali, while Ali holds some shares of Ant Group, and Cai indirectly holds shares of Ant Group.

2. Holding shares on behalf of others

It is even more difficult to look at it this way, only the parties themselves know.

Proxy shareholding means that anonymous shareholders hold shares indirectly through controlling shareholders, and both parties sign an agreement privately to distribute rights and obligations.

For example, A and B sign an agreement privately, and B holds the shares of Ant Group. B's name is on the business license and shareholder's book, but the actual right belongs to A, and A gives B some money as compensation every year.

Some people don't want to appear on the public shareholding list, which is also very common in order to keep a low profile.

Cai Chongxin did not appear in any list of shareholders related to the listing of Ant Group. This is really worth discussing. After all, Cai Chongxin is second only to Ma Yun in Alibaba.

So, why is this happening? Actually, it's not hard to understand. You know, Cai Chongxin gave up the million-dollar annual salary of a big Wall Street investment bank to come to Alibaba. For Cai Chongxin, he will cherish his feathers more than others in Alibaba, which means he values his reputation more. Because he was rich and free before he came to Alibaba.

Alipay, the predecessor of Ant Group, was originally spun off from Alibaba, which actually concealed investors and major shareholders. In the eyes of an elite like Cai Chongxin, this kind of thing is absolutely unwilling to participate. Alipay's separation from Alibaba is also a great blow to the international reputation of China enterprises. Many Chinese stocks listed in the United States were forced to withdraw from the market, and their share prices plummeted.

Although Ma Yun has his own considerations and doesn't care much about taking short-term blame, Cai Chongxin has worked in a big Wall Street investment bank for a long time and is also responsible for communicating with other investors and shareholders. Cai Chongxin's professional ethics and bottom line prevented him from participating in this matter.

Of course, if Cai Chongxin knew that Alipay would grow into a company with hundreds of billions of dollars, and he gave up hundreds of billions of RMB shares, he might change his mind and get involved. However, if Cai Chongxin had also participated in the Alipay incident, Alibaba would have lost the last line of defense to communicate, explain and deal with the aftermath with investors, which was also inappropriate.

The absence of ant shares in Cai Chongxin is caused by a series of complicated factors. Of course, because Alibaba Group is also the major shareholder of Ant Group, Cai Chongxin owns the shares of Alibaba Group, which means that he owns the huge assets of Ant Group in disguise.

In Alibaba, Cai Chongxin can be said to be the second person in Alibaba. Although he is not the 18th arhat of Alibaba, he is the employeeNo. 19 of Alibaba. At present, he is the second permanent partner except Ma Yun, and currently holds 0.6% of Alibaba/KLOC-0.

But from the prospectus of Ant Financial, we didn't see Cai Chongxin, and his name didn't appear in various shareholder lists. Many people are quite puzzled by this. We should know that many shareholders of Ant Financial are employees inside Alibaba, such as Peng Lei and Jing Xiandong, who all hold a large number of shares in Ant Financial. As the second person of Alibaba, why doesn't Cai Chongxin own the shares of Ant Financial?

In fact, although Cai Chongxin has no shares in Ant Financial on the surface, it actually has the beneficial right of Ant Financial.

1. Cai Chongxin indirectly holds shares in Ant Financial through Alibaba.

At present, Cai Chongxin holds 65,438+0.6% shares of Alibaba, and Alibaba holds 33% shares of Ant Financial. In this way, Cai Chongxin indirectly holds 0.528% of the shares of Ant Financial. If calculated according to the market value of 2 1 trillion after the listing of Ant Financial, the market value of the shares of Ant Financial indirectly held by him will reach 1 65,438+billion yuan.

2. Cai Chongxin is also the beneficiary of the employee stock ownership platform.

At present, Alibaba's largest shareholder is actually two employee stock ownership platforms, one is Hangzhou Junao and the other is Hangzhou Hanjun. These two employee stock ownership platforms hold more than 50% of the shares of Ant Financial.

These two employee stock ownership platforms only hold shares on behalf of employees. Although there is no information about Cai Chongxin from the registration information, Cai Chongxin is actually one of the beneficiaries of these employee stock ownership platforms. They indirectly hold shares in Ant Financial through these employee stock ownership platforms, which is definitely indispensable.

For example, Hangzhou Hanjun Equity Investment Partnership (Limited Partnership), the second largest shareholder, holds 28.45% of the shares of Ant Financial. At present, Hangzhou Hanjun has four shareholders, namely Hangzhou Jie Jun Holdings 97./KLOC-0.9%, in addition to Ma Yun, Xie Shihuang and Hangzhou Yun Bo Investment Consulting Co., Ltd.

However, many Alibaba employees indirectly hold Hangzhou shares, such as Han Xinyi's indirect shareholding of 3.76%, Tu Jianwei's indirect shareholding of 1.88%, Hu's indirect shareholding of 1.88%, Yang Zhenkun's indirect shareholding of 1.88% and indirect shareholding of/kloc- Yuan indirectly holds 1. 12%, 0.94%, Wei Xu 0.94%, Yu Feng 0.94%, Huang 0.94%, Yu Shengfa 0.94% and Ma Yun 0.8%. ...

Therefore, I believe that Cai Chongxin must indirectly hold the shares of Ant Financial, but as for how many shares he holds, we can't know from the public data.

After all, for a big shot like Cai Chongxin, their wealth is huge now, so he doesn't want to show all his wealth to everyone through public data.

But according to Cai Chongxin's contribution to Alibaba, he can't be without the shares of Ant Financial. You know, Cai Chongxin gave up his investment banking job with an annual salary of 5 million to join Alibaba, and only got a salary of 500 yuan a month.

He has played a great role in the development of Alibaba. On the one hand, he used his personal resources to attract a lot of venture capital for Alibaba. If there were no Cai Chongxin, perhaps Alibaba would have been forgotten by everyone. On the other hand, Cai Chongxin Alibaba has provided a lot of guidance by using its working experience in investment banks, and many strategies in Alibaba's development are closely related to Cai Chongxin.

So Alibaba can achieve today's achievements, in addition to Ma Yun and eighteen arhats, Cai Chongxin has also made indelible contributions. How can Ant Financial Service forget such a meritorious person?

And from the actual situation, Cai Chongxin is currently the director of Ant Financial Services, from which we can see his position in Ant Financial Services.

Ordinary people are so worried! After the listing of Ant Group, there will be many new billionaires and many multimillionaires. After hearing the news of listing, the whole building of Ant Group cheered. As one of the helm of the whole Ali Department, how could Cai Chongxin, a treasure island man, have no shares? It's just that people have to use more ingenious methods.

There are countless financial and taxation experts around the rich to help design the scheme, to achieve the best effect of hiding their wealth, to achieve the lowest tax burden in the future, and to achieve the effect of controlling the company with small and broad. Just as ants are about to go public, can you see Uncle Ma's name among the direct shareholders? Cai Chongqing is the same.

As the second in command of the whole ant group, Cai Chongxin actually enjoys the treatment as much as Uncle Ma. It can be said that, to a certain extent, he used his expertise, played his role as an expert, and used his own shares to help Uncle Ma control the behemoth of Alibaba Group together. How can there be no one's shares behind the listing of Ant Group? It's just that you may not want ordinary people to see it.

Cai Chongxin himself is an expert in financial management, and he will pay more attention to the protection and inheritance of his wealth, and at the same time conduct tax design. If a natural person is used to control the shares of the company, it is likely that the goal will be big and the tax will be high in the future. At the same time, as a treasure island person, you may have to pay a huge tax burden in the future. Therefore, I believe that he pays more attention to the best design of equity than Ma Shu, and is generally worried about the rich!

First: Cai Chongxin holds 0/.6% of Alibaba/KLOC, and Alibaba is the major shareholder of Ant Financial. After the conversion, Cai Chongxin indirectly holds 0.528% of the shares of Ant Financial. According to the minimum market value of Ant Financial after listing, the market value of this part of Cai Chongxin will reach at least110 billion yuan.

Second, the other two major shareholders of Ant Group are Hangzhou Hanjun and Hangzhou Junan, holding 28.45% and 2 1.53% respectively. As an employee-owned company, Cai Chongxin did not appear on the surface and did not hold shares. But is it possible that the identity of the Taoist was blocked? Can't someone else hold it except myself? Our brains are slightly wider.

Third: Don't forget the whole Alibaba Group. Besides Ant Group, there are many listed companies. For example, Alibaba listed in the United States, such as indirectly controlled domestic and foreign listed companies. There are many listed companies in the whole group, and the scale is huge. Won't Cai Chongxin supplement this interest with other interests?

In fact, it can be concluded responsibly that Cai Chongxin's coming to the mainland and working in Ali was the most correct thing he did in his life. Just like other contractors, if they don't make this choice, they will be ordinary financial experts. Made the right choice, came to the mainland to develop, and made him famous in Wan Li with unlimited wealth. It can be said that he has reached a level of wealth unimaginable in the past.

However, after the listing of Ant Group, the number of newly rich people is indeed quite large, which is the wealth given by ordinary investors. I hope that the future performance of Ant Group will be worthy of these investors. # Wealth Management Competition Season 3 #

Cai Chongxin is a billionaire. As for whether he has shares in Ant Group, it is not something we can make a fuss about. Of course, Cai Chongxin is the shareholder of Ali, and Ali is the major shareholder of Ant Group, so Boss Cai indirectly holds the shares of Ant Group.

Here, I have to talk about Cai Chongxin's review of Ali's development. It can be said that without Cai Chongxin, Ali would not have achieved today. And it is very likely that in 2000, Ali became Ma Yun's fourth failed entrepreneurial experience.

Boss Cai is a native of Taiwan Province Province, a family of lawyers, a master of law from Yale University, and proficient in law. I worked as a lawyer in new york for several years, then went to an investment institution in Sweden and served as the president of the institution in Asia. At that time, Cai Chongxin came to work in Ali, and Ma Yun paid him 500 yuan a month. In fact, Ma Yun couldn't get paid to 500 yuan at that time.

At that time, it may be fate, or it may be that two people know it. Ma Yun and Cai Chongxin came together and started a business together, creating today's Ali Empire.

The question is, why did Cai Chongxin choose to join Ali? It is said that Ma Yun sought financing from a company in Cai Chongxin, but the result was unsuccessful. But inexplicably, Cai Chongxin took a fancy to Ma Yun and decided to join him anyway. For Chua's company at that time, it didn't invest in Ma Yun, but also lost General Chua's, which was typical of losing his wife and soldiers.

What do you think this is for? Did Ma Yun's eloquence make Boss Cai fall in love at first sight? Or is it true, as the rumor goes, that Father Ma is a middleman in the magic way and is born with a leader's aura?

How critical was Cai Chongxin to Alibaba at that time? People who started businesses with Ma Yun before relied on Ma Yun's loyalty and personality charm. In their minds, there is only the concept of partnership, and there is no concept of shares at all. This is what Cai Chongxin taught them word for word on the blackboard after joining. With Boss Cai's professionalism, the determination of equity and the division of power are absolutely watertight, avoiding potential equity conflicts in the later period.

In addition, Alibaba was able to get the investment from Goldman Sachs in the 1990s because of Cai Chongxin. Now everyone is most interested in the story of Ma Yun and Masayoshi Son, but don't forget, people always walk step by step, where have they been? Without Cai Chongxin, with the scale of Ma and Sun, we can negotiate a win-win result of 30%.

Have you found out which companies have lived the best from the Ma Yun era to today's Internet companies? Is a company that can control a large number of external venture capital in the capital market. Never mind whether I make money or not. I'm just playing with my hands and raising money across borders. And why are the wives of these bosses so ugly and all accountants? Now I have figured it out, not only accounting, but also capital talents. For Ma Yun, Cai Chongxin is an accountant.

Ma Yun or Cai Chongxin, who has contributed more to Ali? There is no correct answer to this question. It can be said that both are very important to Ali and are indispensable. So it goes without saying that having a boss without a penis is the same as success, or having a penis without a boss is a loser, in that case. Jack Ma and Cai Chongxin, permanent partners of Ariwell, are very illustrative. Ma and Cai are equal. One is bragging outside, and the other is managing cash flow and financing inside, which complement each other. Of course, you can't blindly worship boss Ma and boss Cai. After all, the differences between people are huge, but there is no need to flatter them to the height of God. After all, personal efforts and talents are very fragile in the face of historical process.

No matter how great any enterprise is, it is just a group of gamblers with extremely high IQ and superb skills. In an open historical window, they made a correct bet. IBM gambling card machine and personal computer, Microsoft gambling window operating system, four portals gambling information aggregation, Baidu gambling search, Tencent gambling social, Ali gambling e-commerce.

As far as the domestic Internet field is concerned, as far as we can see, all the big names that have been or have been on TOP5 have been correctly gambled once, and only Tencent and Ali have been correctly gambled twice. Tencent is right in social and national games, Ali is right in e-commerce and Alipay, and Baidu seems to be betting on artificial intelligence at present, right?

Do any of you know where the next casino will be bet wildly by the big boss? Who are the gamblers who are willing to enter the market to bet? How many chips do they have? The key key, our father Ma, is one of them? Just in case. Just in case, huh? Will there be a second Cai Chongxin, Wang Chongxin and Li Chongxin?

It is necessary to mention that Ma Yun once had a commercial "stain". Just last year, Wang Xing mentioned this past and said: "He (Ma Yun) has a problem with integrity."

At that time, Yahoo was the largest shareholder of Ali, and Ali was the only high-quality asset left in its hands. In the face of Alipay, a unicorn with great potential, Yahoo will definitely control Alipay in its own hands through foreign holding. Because of this, Ma Yun made a decision that no one expected. In 20 1 1 year, Ma Yun announced through Alibaba that he would transfer the ownership of Alipay to the name of "Zhejiang Alibaba Group" under his control, turning Alipay into a completely domestic-funded enterprise.

This series of operations was completely carried out without informing Yahoo, the largest shareholder of Ali at that time. At that time, this incident also caused an uproar, and many people began to accuse Ma Yun of not having the spirit of contract and abandoning the most basic business principles.

Before joining Ali, Cai Chongxin had been working in a big investment bank on Wall Street, responsible for communicating with investors and shareholders. This forced Cai Chongxin to stick to his professional ethics and bottom line, and could not participate in Alipay.

One more thing, Ma Yun knows that stripping Alipay will have a huge impact. If Cai Chongxin is involved in this matter, it will make Ali lose the last line of defense to communicate, explain and deal with investors.

Cai Chongxin is wise to preserve our sanity, thinking that he has done nothing with an annual salary of 50,000 yuan in the United States, and his salary of 500 yuan a month is in Ma Yun's hands. At that time, his family said he was crazy, but was he really crazy? Of course not. Because he is an idealist, he hopes to do great things.

There is no doubt that he succeeded. According to the 2020 China 1000 Rich List released by Interface News, Cai Chongxin ranks 32nd on this list, with a wealth of 69.3 billion yuan. This is his charm, seeking benevolence and benevolence, and seeking money to get money.

In fact, he is not short of money. At that time, he could give up his job with an annual salary of 5 million and change to a job with an annual salary of less than 1 10,000. It can be seen that he was not short of money since he was a child and did not value the concept of money at all. He is poor in how to realize his ideal, which is the fundamental reason for choosing Alibaba.

As a top CFO, Cai Chongxin has long seen through the logical thinking behind Ant Financial. If he gets involved, I'm afraid his reputation will be ruined for life. As a perfect idealist, Cai Chong would not allow such a bad stain to appear in his life. Since we can't stop it, we can only stay away from it and stay out of it.

Cai Chongxin, male, born in 1964, holds a bachelor's degree in economics from Yale University and a doctor of law from Yale Law School. His father is also a lawyer in law school, and his ancestral home is in Zhejiang. 1948 immigrated to Taiwan Province province. Jae-Wan is a very famous and prestigious barrister. Under the influence of his parents, he also embarked on the road of law.

Why doesn't Cai Chongxin, the second person in Alibaba, own any shares in Ant Financial?

From a list, we can see the shareholding ratio of future billionaires in Ant Financial, but there is no Cai Chongxin.

Ant Financial was listed on June 26th 10. A shares are RMB 68.8, and Hong Kong shares are HK$ 80, making it the largest IPO in human history, and the overall valuation of Ant Financial will exceed RMB 2 trillion. Indeed, what we can know from here is that once Ant Financial is listed, it is likely to create miracles!

However, we wonder why Ant Financial doesn't have Cai Chongxin. From the perspective of the rich, they already have enough wealth, and wealth is even just data for them. Therefore, Cai Chongxin doesn't want to join Ant Financial Service, probably because he is already indifferent to wealth.

But is this really the case? I don't think so either. In fact, we also know that the actual controlling parties of Ant Financial are Hangzhou Hanjun Equity Investment Partnership and Hangzhou Junao Equity Investment Partnership. In this, can you deny that Cai Chongxin has no relevant shares?

Similarly, we are also very clear that Alibaba acquired 33% of the shares of Ant Financial last year, from which we can see that the real major shareholder is actually Alibaba.

Mr. Cai is now ranked second in Alibaba, so we can know that even if Cai Chongxin is not in the list of shareholders of Ant Financial, his relationship with Ant Financial is inseparable.

And because of some corresponding laws and policies, Ant Financial should not have foreigners. Cai Chongxin's nationality is not China, so from this perspective, we can't see his shares in Ant Financial. But we can't deny the unchangeable relationship between him and Ant Financial.