Yi Xiqun's rescue: Beijing control

Beijing Holding Co., Ltd., the first red chip listed on the Hong Kong Stock Exchange with the concept of "Beijing", saw its profitability decline from 65438 to 0999 year by year. The parent company, Jingtai Group, is in debt of several billion Hong Kong dollars, with a book value of only 654.38 million +0 million US dollars, and is facing the threat of bankruptcy. At this time, Yi Xiqun was appointed as the vice chairman of Jingtai Group and the vice chairman of Beijing Control Board by the decision-making level of Beijing Municipal Government.

Yi Xiqun decided to learn from Wang Qishan's experience in handling the crisis between Guangdong, Guangxi and Guangxi, and cashed in HK$ 2.252 billion in nine months through a series of financing activities such as repurchase and placing.

In 2003, Wang Qishan became the mayor of Beijing. Yi Xiqun took a fancy to the development potential of "Beijing Gas", so he suggested to the new mayor that the two enterprises should reorganize together.

On June 8, 2005, Beijing Holding Group, which was formed by the joint reorganization of Jingtai Industry and Beijing Gas Group, was called one of the largest state-owned enterprises in Beijing, with total assets of nearly 37 billion RMB. At the same time, Yi Xiqun was appointed as the chairman of Beijing Holding Group.

In 2009, as the first rotating chairman of Beijing Equity Investment Fund Association and chairman of Weber Capital, Yi Xiqun participated in the Global PE Beijing Forum held in Beijing.

201April 18, Yi Xiqun delivered a speech at the summit forum with the theme of "Development Opportunities of Internet Finance Industry" hosted by sohu finance.

2065438+On May 22, 2005, Yi Xiqun reduced its holdings of 23 million shares of Xianjian Technology and cashed in 43.99 million Hong Kong dollars.