Wei Dong, director of Jiuzhitang Group and chairman of Hunan Jinyong, fell to his death at his residence in Beijing that afternoon.
A month later, as the widow of Wei Dong, Chen Jinxia became the chairman of Jinyong Group as the first heir. From then on, there was no Wei family, and it was replaced by Chen.
After Chen Jinxia took over as the chairman of Jinyong Group, there were different opinions about the cause of Wei Dong's death. Chen Jinxia had to take over the stall left by her husband's sudden death and deal with rumors and slander.
After all, Weidong's death is full of weirdness. Wei Dong, who was only 4 1 year old at that time, was in the golden age of his life and his career was booming. He has no emotional problems with a happy family.
According to the truth, such a winner in life should cherish his own life very much, so why did he suddenly jump off a building and commit suicide?
For a time, the young rich man who entered China's rich list in 2006 died suddenly, leaving people with a huge mystery.
Because Wei Dong is a low-key person, he never accepts media interviews and has little public information.
In addition, his wealth has mushroomed, and the Jin Yong system he represents has risen overnight, which makes people very curious. His sudden death aroused more opinions from others.
Some people say that his asset operation is illegal, and it is necessary to file a case for review. Some people say that his company has problems and is on the verge of bankruptcy. In either case, it was not good for Chen Jinxia who had just taken over the company at that time.
Facing the overwhelming rumors, Chen Jinxia first confirmed the news of her husband's death.
However, in the face of Lei Bo's answer, some people are still unwilling to believe it. After all, Guo Jin Securities is an investment company under Jin Yong Group.
After dealing with the corporate image crisis, Chen Jinxia breathed a sigh of relief, but since the company had no problems, why did Wei Dong fall to his death?
Six days later, Wei Dong's family published Wei Dong's suicide note, revealing the truth to the public: the death of the chairman of this successful listed company with a happy family turned out to be depression.
It turns out that Wei Dong's mental problems have already appeared in his life.
Anyone familiar with Wei Dong is familiar with Wei Dong's obsessive-compulsive disorder. According to a friend's memory, Wei Dong always felt that his hands were not clean after washing them, and he often had to repeat them more than a dozen times.
Washing hands has become a special headache for Wei Dong.
The pain caused by obsessive-compulsive disorder and the rapidly changing complex situation in the financial field, heavy work made Wei Dong have to be in a state of mental tension for a long time.
As the head of Jin Yong, the loss of a small mistake is tens of millions or even hundreds of millions. In this case, insomnia and anxiety also follow. Gradually, Wei Dong found himself suffering from depression.
At that time, Yong Zheng Jin was on the rise. Chen Jinxia also has to deal with many company affairs, and Wei Dong is very strong. He never reveals his weakness in front of his wife Chen Jinxia.
Chen Jinxia also didn't notice her husband's abnormal performance.
Wei Dong, who suffered from depression, did not choose active treatment, and his condition dragged on. After Wei Dong discovered that his illness was serious, mild depression gradually turned into severe depression, which eventually led to the tragedy of Wei Dong's suicide.
In the suicide note, Wei Dong clearly expressed his apology to his wife and reminded everyone to pay attention to mental illness. Chen Jinxia is also the closest person to her husband, and she also ignores her husband's health problems.
However, for Weidong's health problems, clues can only be found in the family history of Chen Jinxia and Weidong.
It can be said that Weidong's success can't be separated from Chen Jinxia, and Chen Jinxia can finally become the richest woman in Shanghai without Weidong. They complement each other, not only a pair of birds in life, but also a good helper in the commercial battlefield.
Wei Dong, born in 1967, graduated from Central University of Finance and Economics with a master's degree. He is gifted in studying finance and economics, and he is also good at capital operation.
Chen Jinxia is only younger than Wei Dong 1 year. Like her husband, she graduated from Shanghai University of Finance and Economics with a master's degree. The two have the same major and both work in the financial field, which can be said to be a strong alliance.
They met while working in China Economic Development Trust and Investment Company (China Economic Development Company). Both of them are highly educated talents. They appreciate each other's talents and knowledge, and eventually become lovers and enter the marriage hall.
1990 Wei Dong, a big financial talent, didn't want to stay long after graduation. With Chen Jinxia as his wife, Wei Dong is ready to go all out.
So in 1994, Wei Dong and his wife set up Jin Yong Group, officially went it alone and started their own business. 1995, Jin Yong began to cooperate with his old club.
The couple won the "327 Treasury Bond Futures" by virtue of the information advantages they gained in their economic development work.
The sensational "327 Treasury Bond Futures Event" finally led to the merger of Universal Securities and Shenyin Securities.
It is said that Jin Yong Group made a total profit of 200-300 million yuan after this incident, but according to many influential news media, Jin Yong's first bucket of gold did not come from 327 treasury bonds futures, but from futures.
After all, Wei Dong and Chen Jinxia had just started their business. Without too much money, how can they make such huge profits on just one treasury bond futures?
In the futures operation, Wei Dong and his wife gained huge profits through some equity transactions, such as rights issue and legal person stock injury, by virtue of their grasp of securities policy.
In addition, the success of husband and wife can not be separated from the social environment at that time.
In 1990s, China just started the reform and opening-up, and there are still some deficiencies in the laws and systems of capital. The country is also constantly introducing new laws and regulations to make up for it.
Once the policy is announced and implemented, these people are often the biggest beneficiaries, and Jin Yong Group is one of these beneficiaries.
Why Jin Yong can be the beneficiary of this part, which has to talk about Wei Dong's own huge personal connections.
Wei Dong's father, Wei Zhenxiong, is a professor at the Central University of Finance and Economics. This position is extremely special. The Central University of Finance and Economics was established in 1949, with the aim of cultivating senior fiscal and taxation talents.
So unlike other universities, the Central University of Finance and Economics was under the jurisdiction of the Ministry of Education and directly under the Ministry of Finance before 2000.
In the faculty adjustment of 1952, the Central University of Finance and Economics almost integrated the economics departments of all the top universities in China at that time, including Tsinghua, Peking University, Yanda University and so on.
It can be said that Wei Zhenxiong played an important role in the financial circles at that time, not to mention that his proteges were all over the financial circles.
With so many contacts, Wei Dong has more and more sources of information, and nothing in the financial field can escape Wei Dong's eyes.
1999, Jin Yong Group welcomed another important person to join. This man is none other than Wei Dong's own brother Feng Wei.
Feng Wei's participation has a decisive influence on Jin Yong Group. Some people describe their relationship like this. Wei Dong is a schemer and Feng Wei is a potential schemer.
The division of labor within the enterprise is clear. Feng Wei is the CEO, responsible for the operation of the enterprise, and Wei Dong is the chairman and head of the investment department.
As a potential schemer, Feng Wei saw the necessity of combining finance with career with sinister eyes. In the process of merging Jiuzhitang and Qianjin Pharmaceutical, Feng Wei's situation is inevitably forward-looking.
Jiuzhitang, a Chinese time-honored brand, is also a pharmaceutical company. People who don't know will never guess that the real controller of such an enterprise is actually a financial figure who has nothing to do with it in business.
Therefore, after Jin Yong's department used Jiuzhitang to realize the goal of combining finance with industry, Wei Dong basically did not participate in the management of Jiuzhitang.
Interlaced like a mountain, Wei Dong's idea of not choosing straight pipe is correct, and the subsequent development of Jiuzhitang also proves this point.
With the help of Chen Jinxia, Wei Dong often staged the drama of "left hand and right hand" in the process of capital operation.
1999, Jinyong department was changed to Hunan Jinyong investment co., ltd with an investment of180 million yuan. In order to successfully complete the company acquisition and avoid the trouble caused by excessive concentration of equity.
The following year, Wei Dong transferred 35% of the shares to his wife, Chen Jinxia, and the first capital operation of the right-hand exchange between husband and wife was a textbook level.
This drama also happened in the acquisition of Jiuzhitang in 2002. In order to ensure the status of major shareholder, Chen Jinxia transferred all her shares in Jiuzhitang to her husband Wei Dong during the acquisition.
At this point, Wei Dong became the actual controller of Jiuzhitang.
The tacit cooperation between the two people is not only a familiarity with a series of capital operation rules, but also an unreserved trust in each other.
Without this absolute trust, such a large-scale property transfer is really difficult to complete, because there are not a few couples who go to court for property disputes.
In 2005, Jin Yong ushered in an outbreak period. Wei Dong successfully controlled Chengdu Securities through several companies under his name. At this point, Chengdu Securities was renamed as Guo Jin Securities, and then successfully listed on the backdoor of Chengdu Jiantou. The value of Wei Dong's stock soared 13 times.
On March 23, 2007, Jiuzhitang and Qianjin Pharmaceutical jointly bid and obtained 27,965,438+0,000 shares of State-owned legal person shares of Bank of Communications held by Changsha Finance Bureau.
Only two months later, the A-shares of Bank of Communications went public, and the profits of Jiuzhitang and Qianjin Pharmaceutical alone reached 654.38 billion yuan.
In addition to participating in banks and brokers, Jin Yong holds the shares of Yunnan International Trust and Investment Company, gradually eating Yunnan Trust Company and mastering the actual control.
At that time, Yong went to the road of financial empire, which was conceived by Wei Dong, integrating securities, trust, futures, fund management and investment consulting.
In 2007, Wei Dong successfully entered the Hurun Report with a net worth of 5 billion yuan, ranking 148. With the collapse of Delong Department, Hony Department, Chaohua Department and Success Department, only Jin Yong Department maintained a strong development momentum.
However, there is still a puzzling problem. According to the announcement of listed companies and the introduction of Jin Yong's own website, Wei Dong is a graduate student of 1993. Even if he went to the Economic Development Bureau after graduation, he had only three years' work experience before he started working in 1994.
We know that finance is deep and three years' working hours are not long. Even if he is gifted, how can a 27-year-old young man afford professional and experienced corporate finance?
It can be said that Wei Zhenxiong participated in the operation of Weidong Company from the beginning.
In the suicide note, Wei Dong deeply repented Chen Jinxia and said, "Xiao Chen, you have a great responsibility."
Wei Dong's sudden death is a big blow to Jin Yong and his wife Chen Jinxia, and the Jin Yong Department, which has been making great strides since its debut, has also fallen into the lowest valley of its career.
After Wei Dong's death, how to deal with his legacy became another trouble.
The most important assets under Wei Dong's name are the shares of Jinyong Company and Jiuzhitang. According to inheritance laws, the first heir of Wei Dong should inherit equally.
However, if the shares are evenly distributed, the Jin Yong system will completely collapse.
Wei Dong's father Wei Zhenxiong is old, and Wei Dong's children are underage. Among Wei Dong's closest people, only Chen Jinxia can shoulder the burden of Jin Yong.
After the unanimous consultation of the legal heirs, it was finally decided that Chen Jinxia would inherit all the shares of Wei Dong and take charge of Jin Yong.
As Wei Dong's closest comrade-in-arms and wife, Chen Jinxia succeeded Jin Yong, who seems to be just like Jin Yong.
However, in the eyes of outsiders, Jin Yong is not the original Jin Yong. They questioned Chen Jinxia's ability and thought that Jin Yong had collapsed. In order to reduce losses, it is also a tree falling apart. Some people choose to leave Jin Yong.
Without the support of Wei Dong's contacts, Jin Yong really began to lose ground in the investment field.
June 5438+February 2009, the initial application for growth enterprise market of Sailun shares was rejected.
20 10 On April 28th, Shun Tak Technology also hit the Growth Enterprise Market and was rejected.
The internal civil strife of Jin Yong also began. After Lei Bo, the chairman of Guo Jin Securities, stepped down, many directors of Guo Jin Securities resigned one after another, which is a general trend.
Many executives of Jiuzhitang and Qianjin Pharmaceutical also chose to resign because their business philosophy is different from that of Chen Jinxia. For a time, Jin Yong was like a rickety ship at sea, which could capsize at any time.
With Wang Jinyong's resignation as the vice chairman of Guo Jin Securities, it means that all the old ministers that Wei Dong dug up have gone. Although Guo Jin Securities has not changed hands, the influence of "Jin Yong Department" has gradually weakened.
After her husband died, Chen Jinxia, who had been working behind the scenes, had to make a public appearance on the stage.
Although society is no longer the era that requires women to abide by three obedience and four virtues, she doesn't want to continue to be that little woman under the protection of her husband after losing her lover.
Before she could digest the pain caused by her husband's sudden death, career setbacks followed.
The unpredictable investment environment led to the successive failures of Jin Yong, the death of soul figures and the influence of internal and external factors such as brain drain. Chen Jinxia began to reflect on whether Jin Yong's business model should be changed.
Fortunately, when Wei Dong was alive, Chen Jinxia had been involved in company affairs and served as the vice president of Jinyong Industrial Group Co., Ltd., which made her not panic in the face of this thorny mess.
On the contrary, she was calm and had been helping Wei Dong, and she began to show her talents. It turned out that Chen Jinxia's financial ability was no less than that of her husband Wei Dong.
After careful consideration and suggestions, Chen Jinxia took over the department of Jin Yong in 2008, and started the transformation of Jin Yong's "survival with broken arms" and began to focus on PE business.
From that year on, "Wei's" was officially renamed as "Chen's", and the road to financialization officially began, changing the business model of financial and pharmaceutical companies in the past.
Chen Jinxia first realized all his shares in Bank of Communications, which changed Jin Yong's investment-oriented business model.
Following the Bank of Communications, Jin Yong's department in Chen Jinxia continued to sell its shares in many listed companies.
Chen Jinxia has been doing subtraction in the capital market. From 20 12, the number of A-share listed companies controlled by Jin Yong gradually decreased from 13 to 6 in 20 18, which was a big sale.
However, Chen Jinxia not only made no loss in the sales process, but also made a lot of money. So far, only one securities has been listed in the name of Chen.
Like her husband Wei Dong, Chen Jinxia is also a very low-key person in life.
She gives the impression that she doesn't like being interviewed by the media, never speaks in public, and it is even difficult to find a photo of her in public.
Today, as the richest woman in Shanghai, Chen Jinxia has never been married and remains single. It may be that the complicated work makes her too busy to care about her personal feelings, or that she will never forget the man named Wei Dong in her heart.
Wei Dong, who died young, left her with too many regrets.
By 2022, according to the latest Hurun Global Rich List released by Hurun Research Institute, Chen Jinxia will rank 53 1 with 38 billion wealth.
From Wei Dong's legacy of 7 billion in 2008 to 38 billion now, 14 earned 3 1 100 million. Chen Jinxia is really a strong woman.
After Wei Dong's death, Chen Jinxia often held some charitable activities.
According to relevant sources of Shanghai Science and Technology Museum:
1, Billion Empire, Last Big Boss: The Rise and Fall of Jin Yong System.
2. Southwestern University of Finance and Economics, [1]. Jin Yong's private totem [J]. Capital market, 20 15(07):64-80.
3. Li Xuefeng. Dismantling Jin Yong's 10 billion dollar empire: cutting down the industrial core PE[N]. Securities Times, 20 15-06- 12 (A07). DOI: 10.38329/n . CNKI . NZ jsb . 20 18。
4. Zhu Behind Jin Yong's reduction of Qianjin Pharmaceutical: not a perfect exit [N]. China Business News, 2010-1-17 (B04). DOI: 10.2207/n.cn