Invest in Zhejiang Minxin, sharing the international wealth of the Belt and Road!
Release time:
2020-07-10 09:51
The company follows the laws of the socialist market economy with Chinese characteristics in the new era, ensuring harmonious labor relations, equal rights for shareholders, maximizing individual capabilities, and achieving win-win cooperation. Everyone utilizes their talents, land is used to its advantage, resources are utilized effectively, and goods flow freely, leading to prosperity for all.
After the Third Plenary Session of the 11th Central Committee of the Communist Party, we broke free from the constraints of traditional concepts regarding ownership issues. We believe that capital, as an important factor of production, is a tool for market resource allocation and a means of economic development. Socialist countries can also utilize various types of capital to promote economic and social development, adhering to the coexistence of multiple economic components that promote and develop together. Underdeveloped regions particularly encourage private investment to promote the development of the private economy. We aim to increase employee income through multiple channels, continuously improve the living standards of the working people, and achieve common prosperity. This is in line with the principles of the socialist legal system in the new era, including the "Constitution" and the "Company Law," and is the fundamental purpose of the socialist system in the new era, as well as a consistent direction of mainstream values in global trends. Xi Jinping pointed out that since the 18th National Congress of the Communist Party, we have adhered to and improved the basic economic system of socialism, and incorporated the "two unwavering principles" into the basic strategy for upholding and developing socialism with Chinese characteristics in the new era, further solidifying it as a major policy of the Party and the state. We are comprehensively deepening reforms, emphasizing the decisive role of the market in resource allocation, and better playing the role of the government to create a more favorable market and legal environment for the development of various types of capital. The company responds to the call of the Party and the state, aligns with global trends, and encourages and supports all employees to invest in shares.
Investment Method One:
Fixed returns, stable financial management. Annualized yield of 4% for current deposits, and an annualized yield of 4.5% for deposits over one year. Higher returns ensure a safe life.
Employee Investment Income Table
(Effective from May 7, 2024)
Investment Purpose: Voluntary deposits, free withdrawals, deposits can be made and withdrawn at any time.
Deposit Time
Deposit Amount
Annual Interest Rate
Remarks
Within one year
No limit on amount
4.0%
Over one year
No limit on amount
4.5%
Remarks: 1,Depositors have priority in investing in company projects, with priority for debt-to-equity swaps.
2. After 24 months, principal and interest must be settled and withdrawn.
Investment Method Two:
Direct equity investment, with expected annualized returns for existing projects ranging from 7% to 30% domestically and 12% to 100% internationally. Zhejiang Minxin is a modern enterprise group with international capital operations, primarily investing in steel, pharmaceutical chemicals, and white carbon for barbecues, with a solid industrial foundation. Among them, Zhejiang Minxin Ecological Technology is a leading national bamboo industry enterprise, awarded the second prize for national scientific and technological progress.The invested company, Zhejiang Rongkai Technology, is a national high-tech enterprise. As a grassroots private enterprise, the company's purpose is voluntary investment, free withdrawals, equal rights for shareholders, honesty and trustworthiness, standardized management, and safety and efficiency. The Belt and Road international capacity cooperation and outward investment is a national strategy, a necessary requirement of economic globalization, and a rare opportunity for our generation to escape poverty and become wealthy. Countries along the Belt and Road are a top priority for Zhejiang Minxin's investments.
The company organizes a professional team to conduct thorough research, investigation, and verification, unanimously believing that after 40 years of reform and opening up, our country's economy and society have entered a new era. China's basic industries, particularly energy, steel, and machinery, are the strongest in the world. The steel industry has outstanding advantages; in 2020, global steel production was 1.88 billion tons, of which China produced 1.08 billion tons and foreign countries produced 800 million tons. Among the 800 million tons produced abroad, Chinese-funded enterprises represented by Fujian people have a considerable share in using local scrap steel for short-process steelmaking. From the perspective of Minxin Company itself, the enterprise is located in Quzhou Suichang, where Yuanli Group has trained a large number of talents in the steel industry for both regions, giving us a talent advantage. Choosing the foreign steel industry has significant competitive advantages. Similarly, the domestic pharmaceutical and chemical industries have high technological content and unlimited potential. The company has decided to focus on these two industries as its main business, concentrating all human and material resources to cultivate them.
1. South American steel has now begun trial production, with Minxin holding a 33% stake. The average annual return on investment is predicted to be 0.7 yuan per share over five years. Internal transfer of shares among investors will normally be priced at a premium based on the actual investment time at 3% monthly interest (annualized yield of 36%), with both parties negotiating voluntarily.
2. Rongkai Technology invested 36 million yuan, with the Suichang headquarters covering 150 acres and the LePing subsidiary covering 300 acres, in which we hold a 20% stake.
Minxin Company follows the laws of the socialist market economy, conducts due diligence, is pragmatic, and allocates resources in a market-oriented manner to maximize the efficiency of factors. We resolutely avoid the inefficiency and waste of resources caused by subjectivism, formalism, and bureaucratism. Products revolve around the market, meet social needs, and effectively create social wealth.
Capital Investment. Direct investment in physical factories, with several shareholders registered for business, and employee investments from individual investors represented by share heads, or employee investors forming a company platform. Shareholders sign investment cooperation agreements, and employee investors sign share holding agreements with share heads.
Management. This includes administrative, financial, procurement, and sales functions, with shareholders appointing personnel for cross-positions and mutual supervision. Management personnel also invest in shares. If it is verified that management personnel infringe on the interests of investors, they will be dismissed and compensated with their shares. If the shares of management personnel are insufficient for compensation, the share head will compensate on their behalf. Production personnel will be publicly recruited from society, with the best selected.
Dividend Distribution. Daily and monthly reports will be sent to shareholders, and when after-tax profits reach 10% of total investment, dividends will be distributed equally among shareholders. Bonuses will be given to management personnel based on the amount of dividends received by investors.
Capital Exit. No set deadline; investors can freely withdraw their shares, find someone to take over, or have shareholders buy back, with both parties negotiating voluntarily for mutual benefit.
Situations where investment is not allowed. Officials and civil servants cannot invest to avoid harming others and themselves. Those with illegitimate sources of funds cannot invest to prevent one bad apple from spoiling the whole barrel, which could harm all investors. Individuals who are extremely greedy, selfish, domineering, oppressing the masses, infringing on the interests of others, and lacking integrity cannot invest. Those who hate reform and opening up, deny the market economy, attack private enterprises, discriminate against private enterprise employees, eat from the new era while smashing the pot of the new era, forget their roots after just having a full meal, and lack gratitude cannot unite with everyone and cannot invest. Investment risks and opportunities coexist; those who cannot bear any risks due to lack of strength cannot invest.
For more than twenty years, we have adhered to the spirit of the contract, sharing rights and responsibilities, facing difficulties together, earning more through hard work, and ensuring fairness and justice. We sincerely invite those with ambition to conduct on-site investigations for investment, and welcome everyone to join hands sincerely, integrate resources, work together, and create brilliance!
International, investment, steel, RMB, income, return, Zhejiang, industry, technology, country
