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Recently, the Premier League kicked off in the new season. Aston Villa Football Club (hereinafter referred to as Villa) ushered in its first Premier League game after two years away from the top leagues. As the chairman of Villa, it was supposed to be a day for Xia Jiantong to celebrate, but the bonus of 30 million pounds made him feel stretched and left in a daze.
According to the BBC, unable to repay the debt of 30 million pounds, Xia Jiantong transferred all his shares in Villa to Nassef Sawiris, an Egyptian rich man, and Wes Edens, an American businessman and owner of the NBA Bucks (hereinafter referred to as NSWE), on condition that the other party paid the debt for himself. This also means that Xia Jiantong is no longer related to villas, and China Capital has completely withdrawn from villas.
In fact, this English football club has cost Xia Jiantong a lot. According to BBC data, Xia Jiantong has lost about 400 million yuan in the past three years. As a man of the hour in the capital market, it is surprising that Xia Jiantong, who claims to be worth billions of dollars, can't even give out a bonus of 30 million pounds.
Harvard talents return to China to start businesses.
Xia Jiantong's schooling experience is regarded by many parents as a model for their children's growth.
There is a small town called Huzhen in Quzhou City, Zhejiang Province. This quaint Jiangnan ancient town has a history of more than 2,000 years. From 65438 to 0976, Xia Jiantong was born in a scholarly family. Under the influence of the literati grandfather, he began to recite Tang poetry and Song poetry at the age of 3 and went to primary school at the age of 4. Later, he graduated from primary school at the age of 8, and was admitted to university at the age of junior high school 1 1, 14.
199 1 year, 14-year-old Xia Jiantong gave up walking and took the college entrance examination. His goal is to major in microelectronics in Tsinghua University. At that time, the enrollment quota of this major in Zhejiang Province was only 1, but he was still full of confidence and wrote "Disobedience to Distribution" on the college entrance examination volunteer form.
However, Xia Jiantong missed out on Tsinghua University with a score of 1 and received the admission notice from Beilin University. This is a heavy blow to Xia Jiantong, who used to be very proud and thought he could do anything.
After graduating from Forestry University, Xia Jiantong stayed in a state-owned enterprise in Beijing. He has a dream in his heart, that is, to study in a top foreign university. So after work, he went to New Oriental to teach foreign languages and do part-time design. He once told the media about this experience: every night, he rode his bike for two and a half hours from his dormitory, went to New Oriental for two hours of lectures, rode his bike back to his dormitory for two and a half hours, and then stayed up late to design for a part-time company. The reason why he worked so hard to earn money was to pay off the penalty of 50,000 yuan and the training fee of 1000 yuan to leave Beijing as soon as possible.
Where there is a will, there is a way. From 65438 to 0996, Xia Jiantong received master's admission notices from six top universities, including Harvard, Cambridge and Yale. Finally, he chose Harvard University.
At Harvard, Xia Jiantong went crazy, studying for two master's degrees in dynamic landscape planning and design and information management. At the age of 26, he became the youngest design doctor in Harvard history and was praised as "Harvard genius" by the media. When he was a doctor, he said that he never slept more than four hours a day. When he was crazy, he only slept for 2 hours a week, and his life was occupied by study.
However, what attracts Xia Jiantong most from Harvard is not the doctor's degree, but GIS (Geographic Information System). Harvard Computer Center is the birthplace of GIS, where Xia Jiantong learned the most advanced GIS knowledge. The second generation GIS system platform he developed is even called "the second revolution of GIS technology" by the industry, and is generally optimistic by American venture capital companies.
During 1997, when he and his tutor participated in the construction of a GIS system of the US Department of Defense, Xia Jiantong was dismissed as the only yellow person in the project team, and even his phone calls and letters were strictly examined. From then on, he made up his mind to develop GIS with independent intellectual property rights and build China people's own GIS brand.
/kloc-0. At the end of 1999, Xia Jiantong returned to China and presided over the World Heritage Declaration Project of West Lake. 200 1 Decided to start a business, and registered XWHO Design Group China Institution and TEAMAX Technology Group in Hangzhou High-tech Zone. The former is an architectural design company and the latter is a GIS software company.
Xia Jiantong once expressed his ideal to the media: to build a "summer school", including primary schools, middle schools and universities, and to use his own teaching materials to integrate his understanding of education, literature, design, GIS and management, so as to build a better university in China than Harvard. But for now, this is just Xia Jiantong's utopia.
A-share operation failed, losing 400 million in playing football.
According to the data, in recent years, Xia Jian has controlled three listed companies through capital operation, namely *ST Lotus, Tianxia Zhihui (formerly known as Sofitel) and ST Remote (formerly known as Kangrui and Remote Cable).
2010.36% (110,000,000 shares) held by Tianan, the second largest shareholder of China monosodium glutamate *ST Lotus, at a low price of 374 million yuan, and then signed a concerted action agreement with Tianan and Shanghai Haoxi.
2065438+2005 1, Sofitel, the first company of China daily chemical, decided to acquire Tianxia Technology, a subsidiary of Xia Jiantong, after many failures in restructuring. The net assets of Tianxia Technology is only 200 million yuan, but it is sold at a transaction price as high as 4 1 100 million yuan. Through this reorganization, Xia Jiantong obtained huge funds, and once served as the president and chairman of Sofitel Hotel, becoming the actual controller of the company. 2065438+In May 2006, Sofitel was renamed Tianxia Zhihui.
20 16 In August, Xia Jiantong's Kangrui Sports acquired 22. 18% equity of Remote Cable and became the controlling shareholder of the company. On February 20 17, the remote cable was renamed as kangrui shares, and later renamed as remote shares on June 20 19.
Obviously, the entry of three listed companies in a short time has brought great financial pressure to Xia Jiantong. According to the data, Xia Jiantong's capital comes not only from selling assets, but also from financing through a high proportion of pledged shares. Then, under the background of financial deleveraging, the implicit curse of high leverage operation appeared. Due to the changes in the overall A-share market and the failure of capital operation of listed companies, the stock prices of individual stocks also showed a downward trend, and a crisis broke out in Xia Jiantong.
In April, 20 18, Xia Jiantong sold the remote controlling stake in ST at the price of14.46 million yuan, with a book loss of more than 300 million yuan. Soon after, Xia Jiantong resigned as the president at the World Intelligence Conference, and then successively resigned as president and secretary-general. In July of the same year, senior executives of Kangrui Department, including Xia Jiantong, withdrew from *ST Lotus and were taken over by Anhui Guohou Assets. Xia Jiantong's A-share dream has come to an end.
However, the most interesting thing is Xia Jiantong's dream of the Premier League.
20 16 In May, Villa, who had just been demoted from the Premier League, announced that randy lerner, the former chairman of the club, had agreed to transfer his 0/00% ownership of the club/kloc-0 to United Conray Group for 76.5 million pounds (about 850 million yuan). As the actual controller of United Conray Group is Xia Jiantong, he naturally becomes the new chairman of Villa.
When he first entered Villa, Xia Jiantong revealed in an interview with the Daily Mail that he was worth more than 10 billion dollars. In addition, if Villa can return to the Premier League within three years, randy lerner, the former president of the club, will receive 30 million pounds of compensation.
According to the BBC, Xia Jiantong spends a lot on villas, but the return is very low. In the past three years, Xia Jian has lost 50 million pounds (about 400 million yuan), which has caused considerable economic pressure to Xia Jiantong.
In May of this year, Villa beat Derbyshire 2-/kloc-0-0 in the Championship play-off final and returned to the Premier League. According to the agreement, Xia Jiantong had to pay randy lerner 30 million pounds, but because he was unable to pay this amount, all his shares in Villa were transferred to the new owner NSWE. In fact, from 2065438 to July 2008, due to financial problems, Xia Jiantong has transferred 55% of the shares of Villa to NSWE for 30 million pounds.
After the A-share dream woke up, the Premier League dream was also broken one after another. It's a pity that this Harvard genius who once dominated the business world is now stumped by 30 million pounds of debt. An insider told AI Finance: "I believe Xia Jiantong can still make a comeback. After all, he is only 43 years old. "