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According to the latest financial report released by Alibaba Group, Ali's latest shareholding structure has also been exposed. How many shares does Ma Yun actually hold? The financial report shows that as of July 2, 2020, Japan Softbank Group holds 24.9% of the shares of Ali and remains the largest shareholder of Alibaba; Ma Yun's shareholding dropped from 6% last year to 4.8%, because during this period, Ma Yun cashed in more than 40 billion.
It can be found that the largest shareholder of Alibaba Group is Softbank Group, and the most valuable asset in Sun Zhengyi's hand is Ali stock, which has already exceeded 6543.8 USD+030 billion. With the recent rise in Ali's share price, the wealth in Sun Zhengyi's hands continues to appreciate.
Ma Yun is the largest individual shareholder of Alibaba Group, with a shareholding ratio of 4.8%. Cai Chongxin's shareholding ratio dropped from 2% last year to 1.6% this year. The reason for the decline in shareholding ratio is cash. Cai Chongxin cashed in RMB 654.38+02 billion in half a year.
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Although Ma Yun and Ali do not hold many shares, according to the partnership agreement, Ma Yun and his team firmly control the entire Alibaba Group. Softbank and Yahoo, as the top two shareholders, can't participate in daily operation and management. This is the unique ownership structure of domestic internet companies, that is, the same share has different rights.
In addition to Alibaba, Ma Yun also has a trump card-Ant Financial (the parent company of Alipay), which has now become the most valuable unicorn in the world. In June 2020, Ant Financial has been renamed as "Ant Technology". In July, the industrial and commercial information has been changed, and the technical attribute has become the first.
So, who is the largest shareholder of Ant Financial (the parent company of Alipay)? How much does Ma Yun hold? Say it, you may not believe it! Like Alibaba, Ma Yun doesn't hold many shares, but Ma Yun can still control Ant Financial.
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According to the industrial and commercial inquiry information, the largest shareholder of Ant Financial (the parent company of Alipay) is Hangzhou Junyi Equity Investment, with a shareholding ratio of 28.45%; The second largest shareholder is Hangzhou Junan Equity Investment, with a shareholding ratio of 265,438+0.53%. Hangzhou Hanjun and Junao hold nearly 50% of the shares of Ant Financial.
So, what are the origins of these two companies? According to public information, the largest shareholder of Hangzhou Hanjun is Hangzhou Jie Jun, the largest shareholder of Hangzhou Junao is Hangzhou Third Runner-up, and Hangzhou Jie Jun and Hangzhou Ji Jun are mainly held by Ali executives, partners and Ant Financial executives, and their shares are very scattered.
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According to Alibaba's fiscal year 2020 report, Alibaba holds 33% shares in Ant Financial, Hangzhou Hejunao holds 50% shares in Ant Financial, and Ma Yun holds 8.8% shares in Ant Financial. It is worth mentioning that Ma Yun owns 50% of the voting rights of Ant Financial. Through the penetration of equity, Ma Yun has actual control over Ant Financial.
It can be found that Alibaba and its members hold 83% of the shares of Ant Financial. In addition, the National Social Security Fund holds 2.97% of Ant Financial Services, 0.42% of Xinhua Life Insurance, 0.06% of China Life Insurance/KLOC-0 and 0.74% of China Pacific Insurance. Because there are many minority shareholders, I won't list them one by one.
Related Q&A: Who is the largest shareholder of Ant Financial? The largest shareholder of Ant Financial is Alibaba. The initial shareholders of Ant Financial are Hangzhou Hanjun and Hangzhou Junan (controlled by Ma Yun). After two rounds of A/B financing, Ant Financial introduced state-owned shareholders including Social Security Gene, CIC Overseas, CCB Trust, CDB Finance and the four major insurance companies (Life Insurance /PICC/CPIC/ Xinhua). According to the information disclosed by the media, during the A/B round of financing, the proportion of social security gene/CIC's overseas investment reached 5%/3% respectively (after this round of investment), making it the external shareholder with the highest proportion. : 1. Ant Financial 1 List of shareholders. Employees and executives hold shares: there are two shareholders, holding 82.98%, of which Ali executives hold 49.98% and Alibaba Group holds 33%. 2. Guo Zihao owns shares in this company, with a total of 14 shareholders. 3. Total shareholders, private equity funds hold 4.29% of the shares. 2. The proportion of the top ten shareholders of Ant Financial is 1, and Alibaba Network Technology Co., Ltd. holds 33%. 2. Hangzhou Hanjun Equity Investment Partnership with a shareholding ratio of 28.45%. 3. Hangzhou Junao Equity Investment Partnership, with a shareholding ratio of 265,438+0.53%. 4. National Social Security Fund Council, with a shareholding ratio of 2.97%. 5. Buypay (Shanghai) Investment Center (limited partnership), accounting for 1.96%. 6. China Life Insurance (Group) Company, with the shareholding ratio of 1.06%. 7. Shanghai Qi Hong Investment Center (Limited Partnership) holds 1.05% of the shares. 8. Beijing Jingguan Investment Center (Limited Partnership) holds 0.93% of the shares. 9. Yin Jian Jianxin Jungle Fund Partnership (Limited Partnership), holding 0.8 1%. 10, China Pacific Life Insurance Co., Ltd., accounting for more than 0.74% of the shares, introduces the list of shareholders of Ant Financial (the top ten shareholders of Ant Financial), hoping to help you. Related Q&A: Why doesn't Cai Chongxin have ant shares? The domestic shareholder structure of Ant Financial is mainly composed of Alibaba Group and the management of Ant Financial, state-owned companies, Ma Yun's circle of friends and private equity firms.
Among them, the management of Ali Group and Ali/Ant Financial Holdings holds about 83%, Guo Zihao Company holds about 10.68%, Ma Yun's circle of friends holds about 4.5%, and private equity funds hold about 1.75%.
All domestic shareholders (Alibaba Group also defaults to domestic shareholders) account for about 90-95% of the total share capital, and international capital predators account for 5- 10% of the total share capital.
1) Employee and executive shareholding: Ali+Ant Financial executives hold 49.98%, Alibaba Group holds 33%, and the total shareholding is 82.98%.
1. Hangzhou Hanjun Equity Investment Partnership holds 28.45% of the shares with a capital contribution of 669,224,657 yuan. Hangzhou Hanjun held 42.27% of the shares earlier. After the introduction of external shareholders, the shares were diluted to 28.45%. Hangzhou Hanjun is actually controlled by Hangzhou Jie Jun Equity Investment Partnership. There are 26 shareholders in Jie Jun, Hangzhou, among which 25 natural person shareholders are Ali executives and 1 corporate shareholders is Hangzhou Yun Bo Investment Consulting Co., Ltd., a wholly-owned holding company of Jack Ma. Therefore, the actual control of Hangzhou Hanjun is in the hands of Yun Bo, a wholly-owned holding company of Jack Ma.
2. Hangzhou Junao Equity Investment Partnership holds 265,438+0.53% of the shares, with a capital contribution of 5,065,806.273 yuan. Hangzhou Junao held 34. 15% of the shares earlier, but after dilution, the shareholding ratio decreased to 2 1.53%, with a total of 26 shareholders, including 24 natural person shareholders, all of whom are Ali executives and 2 corporate shareholders, among whom Hangzhou Yun Bo, a wholly-owned holding company of Ma Yun, is the executive partner. Another corporate shareholders is an equity investment partnership in Ji Jun, Hangzhou. Except for one Yun Bo in Hangzhou, where corporate shareholders is Ma Yun, all the others are Ali executives.
All the above are limited partnerships, and the partner is Hangzhou Yun Bo Investment Consulting Co., Ltd., which is wholly owned by Ma Yun.
3. Hangzhou $ Baba) $ Network Technology Co., Ltd. holds 33.00% of the shares and contributes 776,302,334 yuan. Hangzhou $ Alibaba -SW(09988)$ has passed the VIE shareholding structure, and the actual controller is Taobao China Holdings Limited, registered in Hongkong.
In 2009, Alibaba transferred the equity of Alipay, a wholly-owned subsidiary, to a company controlled by management, which caused an uproar that year and made Yahoo and Softbank, the major shareholders of Alibaba Group, quite dissatisfied.
Later, after many negotiations, Alibaba Group, Yahoo and Softbank signed an agreement, and Alipay's holding company promised to give Alibaba Group a one-time cash return when it went public. The return is 37.5% of the total market value of Alipay at the time of listing (based on the IPO price), and the return will not be less than 2 billion US dollars and will not exceed 6 billion US dollars. The valuation of Alipay 20 17 has reached 60 billion US dollars, and the corresponding value according to the proportion of 37.5% is 22.5 billion US dollars. If calculated according to the valuation of the last round of financing of $654.38+$050 billion, the proportion of 37.5% is worth $56.25 billion. Compared with the promised $2-6 billion, this is a huge gap. This is the fundamental reason why Alibaba has the conditions to finally acquire a 33% stake in Ant Financial.
2) Guo Zihao owns shares in the company, with 14 shareholders, and the total shareholding ratio is about 10.68%.
1, National Social Security Fund Council, holding 2.97% shares and contributing 699 million yuan.
2. the State Council's wholly-owned China Life Insurance (Group) Company holds 65,438+0.06% of the shares, with a capital contribution of 249 million yuan.
3. China Life Insurance Co., Ltd. is controlled by China Life Insurance (Group) Company, accounting for 0.24% of the shares and contributing 57 million yuan.
4. Yin Jian Jianxin Jungle Fund Partnership holds 0.8 1% of the shares and contributes10.90 billion yuan.
5. PICC Capital Investment Management Co., Ltd., which is wholly owned by the Ministry of Finance, contributed 654.38+0.28 billion yuan, accounting for 0.54% of the shares.
6. new china life insurance co Co., Ltd. is controlled by central huijin Investment Co., Ltd., accounting for 0.42% of the shares and contributing 99 million yuan.
7. Shanghai Financial Development Investment Fund Phase II (Phase I), accounting for 0.36% of the shares and contributing 85 million yuan, is a fund of Shanghai SASAC.
8. Beijing Innovation Growth Enterprise Management Co., Ltd., accounting for 0.30% of the shares, contributed 0.7 1 100 million yuan. The actual controller of the company is CDB.
9. Guo Kai Xinyuan Investment Center in Suzhou Industrial Park, accounting for 0.20% of the shares, contributed 48 million yuan, and the actual controller behind it is also CDB.
10, Zhifu (Shanghai) Investment Center, accounting for 1.96%, contributed 46 10/00000 yuan, and the State Council-controlled Hanguang Investment and CICC were the actual controllers.
1 1, China Pacific Life Insurance Co., Ltd., accounting for 0.74% of the shares, contributed 65,438+74 million yuan.
12, China International Television Corporation holds 0. 18% of the shares and contributes 43 million yuan. The capital behind it is the wholly state-owned capital of CCTV.
13, Beijing Qianshun Investment Co., Ltd. holds 0. 18%, with a capital contribution of 43 million yuan. China Overseas Investment, the company behind it, is wholly owned by the State Council.
14. Beijing China Post Investment Center holds 0.70% of the shares and contributes 654.38+64 million yuan. Its actual shareholder is China Post Group Co., Ltd.
3) Ma Yun's circle of friends: the investment company behind friends in the circle.
1. Shanghai Qi Hong Investment Center holds 1.05%, with a capital contribution of 248 million yuan.
2. Shanghai Qizhan Investment Center holds 65,438+0.02% shares and contributes 240 million yuan.
3. Shanghai Zhongfu Equity Investment Management Center holds 1.3 1%, with a capital contribution of 308 million yuan.
4. Shanghai Lean Investment Center holds 0.27% of the shares and contributes 63 million yuan.
5. Shanghai Yunfeng New Town Investment Center holds 0.66% of the shares with a capital contribution of 65,438+56 million yuan.
6. Tonghai Capital Investment Management Co., Ltd. holds 0. 12%, with a capital contribution of 28 million yuan.
7. Debon Xingrui Investment Management Co., Ltd. holds 0.07% of the shares and contributes 6,543.8+0.7 billion yuan. Debon Xingrui Investment Management Co., Ltd. is a wholly-owned subsidiary of Debon Securities Co., Ltd., which is actually an industry under the name of Fuxing Group Guo Guangchang after controlling shares at different levels.
8. Beijing Yingyi Internet Technology Co., Ltd. holds 0.06% of the shares and contributes 65.438 yuan+400 million yuan. Through the analysis of equity penetration, it is actually a giant network control.
The above categories basically belong to friends in Ma Yun's circle. Tracing back to the list of shareholders of various investment enterprises, it is not difficult to find some familiar names: Yu Feng of Yunfeng Fund, Wang of Huayi Brothers, Giant Investment Shi Yuzhu, Jiuyang Wang, Tonghai Capital of Oceanwide Holdings, Eagle Valley Investment of UT Starcom Wu Ying, Grassroots Asset Management Co., Ltd. of Lhasa Economic and Technological Development Zone with New Hope, etc.
4) Private equity fund companies
1. Chunhua Jingxin Jingfu (Tianjin) Investment Center (Limited Partnership), accounting for 0. 17% of the shares, contributed 40 million yuan.
2. Chunhua Jingxin (Tianjin) Investment Center (Limited Partnership) holds 0.30% of the shares and contributes 70 million yuan.
3. Chunhua Rongxin (Tianjin) Equity Investment Fund Partnership (limited partnership holds 0. 19%, with a capital contribution of 45 million yuan.
4. Beijing Jinzhong Jiaziwu Equity Investment Partnership is a private equity fund, accounting for 0. 12% of the shares and contributing 29 million yuan.
5. Shanghai Chanhong Investment Center holds 0.04% of the shares with a capital contribution of 90 million yuan.
6. Beijing Jingguan Investment Center holds 0.93% of the shares and contributes 2,654,388+0.8 million yuan.
Please note that the above is only the structural composition of domestic capital of Ant Financial Services.
In 20 18, Ant Financial conducted the largest round of private financing in the world. At that time, the leading investors were mainly international financial predators. Including Singapore Government Investment Corporation, Malaysian Treasury Holdings, Huaping Investment, Canadian Pension Fund Investment Corporation, Silver Lake Investment, Temasek, Transatlantic Capital Group, T. Rowprice's funds, Carlyle Investment Group, JanchorPartners, DiscoveryCapitalManagement, BaillieGifford and other top global capitals have become new strategic investors.
enclose herewith
Such a complicated holding, nesting and money are all underwater.