“The future of education donors first 100 million must also give the North”

Editor’s note: This article is from the micro-channel public number “Deep Web Tencent News” (ID: qqshenwang), Author: Zhang Rui, Editor: Xiao Hong .

As one of the highest academic halls in China, Peking University has come out of numerous well-known alumni, and there are also many entrepreneurs who donate to Peking University every year, but Li Yongxin has left behind in the Peking University alumni circle with “the largest personal donation in the history of Peking University” Made a strong stroke.

Compared with Peking University alumni New Oriental founder Yu Minhong and Hao Future founder Zhang Bangxin, Li Yongxin, who also works in the education and training industry, is less well-known, but his family has actually been the richest man in the education and training industry for two consecutive years.

On March 3, as an honorary school manager, chairman of Zhonggong Education Group, and a 1995 alumni, Li Yongxin and the Beijing Zhonggong Charity Foundation he founded donated 1 billion to Peking University. According to the official WeChat information of Peking University, this is Li Yongxin’s third donation. Prior to this, Li Yongxin had donated 180 million to Peking University. In addition to the 1 billion donated this time, Li Yongxin has donated 1.18 billion to Peking University.

Li Yongxin, Chairman of Zhong Gong Education Group

What is the concept of 1.18 billion? According to the “Alumni Association 2020 China University Alumni Donation Rankings”, in 2020, Peking University received a total of 3.187 billion donations. That is to say, Li Yongxin’s personal donation of 1 billion yuan accounted for 1 billion donations from Peking University in previous years. /3.

But from Li Yongxin’s view, 1 billion is far from enough. He said at the donation ceremony, “Zhong Gong Education must work harder and harder. The first 10 billion donated for society and education in the future must also be given to Peking University.”

“It’s not surprising at all! When I joined the corporate culture training, I was told by the trainer that Mr. Li was a kind and gracious person. In the most difficult time of starting a business, Minsheng Bank gave him the first place. The loan, and now the salary cards of Zhong Gong employees are all from Minsheng Bank. Teacher Li took the scholarship to complete his undergraduate degree at Peking University, and now it is normal to give back to his alma mater,” a former employee of Zhong Gong revealed to “Shenzhen.com.”

However, judging from the company’s net profit in 2019 and the first three quarters of 2020, the company’s net profit in one year has not reached 2 billion yuan. Now Li Yongxin has donated 1 billion yuan to his alma mater. Where does so much money come from?

The picture shows Li Yongxin’s past pledges of stocks; data source: wind

The picture shows Li Yongxin’s mother Lu Zhongfang’s past pledges of stocks; data source: wind

According to “Deep Web” statistics, starting from May 2019, Li Yongxin has pledged his shares 11 times. Among them, seven pledges have been redeemed and four remain unreleased. Lu Zhongfang pledged two shares in December 2019 and April 2020, which will expire in 2022 and 2023 respectively.

How much money Li Yongxin received through pledge of stocks, we use Li Yongxin’s latest 2 pledges as an example to calculate.

On June 24, 2020, Li Yongxin pledged 36.345 million shares to Guotai Junan Securities. Based on the closing price of Zhonggong Education at RMB 27.87 per share on that day, the value of these shares is about 1.01 billion, which is calculated according to the pledge rate of 0.4 for the stocks listed on the main board. , Li Yongxin pledged a total of 404 million yuan.

On February 9, 2021, Li Yongxin pledged 36,351,600 shares to CITIC Securities. According to the closing price of 39.42 yuan per share of Zhonggong Education on the day, the value of these shares is about 1.43 billion yuan, and then 0.4 shares listed on the main board. Calculating the pledge rate, this time a total of 572 million yuan was pledged.

But the pledge of stocks is only part of its source of funds, and it is more used for company operations. Li Yongxin’s income may mainly come from company dividends.

According to wind data, the total cash dividend of Zhong Gong Education Company in 2019 was 1,480,175,900 yuan. According to Li Yongxin’s 18.35% shareholding ratio in 2019, Li Yongxin could get about 272 million yuan in 2019; and his mother Lu Zhongfang in 2019 The shareholding ratio is 41.36%, and the dividend will be about 612 million yuan.

In other words, with only cash dividends, Li Yongxin and his mother can get nearly 900 million yuan a year.

The soaring stock price, multiple equity pledges, and ultra-high dividends have all become the background color for the Li Yongxin family to become the richest man in the education and training industry. It also partially explains Li Yongxin’s donation to Peking University.1 billion emboldened.

However, in the eyes of Zhong Gong Education employees, Li Yongxin does not look like the “richest man” at all. “Ms. Li seems to be very frugal, so only a few white shirts are changed a year,” the former Zhong Gong education employee said to “Shen Wang”.