本报记者 肖君秀 深圳报道

Our correspondent reported XiaoJunXiu shenzhen

　　在实德系控制人徐明因涉案被控制后，华汇人寿控股股东将易主被认为是一种必然。

In ShiDe system control by declining to be involved in the control,China life insurance by controlling shareholders will be easy to master to be considered as a kind of inevitable.

　　“可能被关国亮买走，股权转让还处于私下协商操作阶段。”1月17日消息人士向本报记者透露。关国亮为前新华保险(601336,股吧)董事长，因挪用资金入狱6年，已于去年8月被释。

"GuanGuoLiang may be bought,Equity transfer is still in a private consultation operation stage."January 17, source told our reporter said.GuanGuoLiang for the former xinhua insurance(601336,guba)The chairman of the board,Misappropriation of funds for 6 years in prison,Has been released in August last year.

　　接近保监会的人士称，目前保监会还未接到华汇人寿股权转让出售的申请。

According to people close to the circ,At present the China insurance regulatory commission has not received by China life shares transfer sell application.

“急售”契机 "JiShou"opportunity

　　2011年12月19日，华汇人寿获准开业，公司设在辽宁省沈阳市，注册资本15亿。其股东为沈阳煤业（集团）、人和投资、北京富德投资、大连三德投资、大连瑞德投资、大连万朋房地产，股份占比分别为20%、20%、20%、20%、10%、10%。实际上，除沈阳煤业（集团）外，另外5家公司均属“实德系”，即“实德系”拥有华汇人寿80%的股权，是名副其实的大东家、实际控制人。显然，由于公司设在沈阳，沈阳煤业（集团）成为了当地必不可少的出资人。

December 19, 2011,China life insurance business to collect,Our company is located in shenyang, liaoning province,The registered capital of 1.5 billion.Its shareholders for shenyang industrial(group)/And investment/Beijing hilder investment/Dalian SanDe investment/Dalian rhett investment/Dalian all friends real estate,Share account for more than 20%, respectively/20%/20%/20%/10%/10%.In fact,In addition to shenyang industrial(group)outside,Another five belong to the company"ShiDe system",namely"ShiDe system"Has a 80% stake in China by life,It is a really big club/Actual controller.obviously,The company is located in shenyang,Shenyang industrial(group)Become the indispensable contributor.

　　但仅仅过了一年，这名保险业新军的控制人便要易主。目前“实德系”已四处变卖资产还债，这家曾经横跨金融、地产、化建、足球、家电等产业的“资本系”，被爆身负百亿巨额债务，而今启动资产和债务重组以填补财务窟窿。目前已处置变卖北京三块地以及足球俱乐部，显然在相对容易的资产变卖后，现在轮到股权类资产的处置上来。

But after only a year,The name of the new control people will easy to master.At present"ShiDe system"Already sell assets around debts,The once across the financial/Real estate/Turn built/football/Home electrical appliances industry"Capital system",Blasting have billions of huge amounts of debt,Now start assets and debt restructuring to fill the financial hole.At present already disposal, sell Beijing three pieces of land and football club,Obviously in a relatively easy to sell assets after,Now it's up to the disposal of the asset classes, stock up.

　　华汇人寿的不确定性在开业不久便显现，在徐明失踪的前一个月，即2012年2月，北京富德投资将持有的华汇人寿3亿股、大连三德投资将其持有的1亿股质押给吉林信托，获得了共计5.92亿元融资。此外，大连瑞德投资、大连万朋房地产也各自将持有的1.5亿股股权质押给一自然人，共计得到1.5亿元借款。4家公司共计获得了7.42亿元的融资，当时“实德系”资金危机已现，所以就连刚刚成立开业的华汇人寿也未能逃过“抵押融资”。

China life insurance by the uncertainty in the opening soon appear,In the declining of missing one month before,Namely in February 2012,Beijing hilder investment will be held by China life 300 million shares/Dalian SanDe investment will their holdings of 100 million shares pledged to jilin trust,Won a total of 592 million yuan of financing.In addition,Dalian rhett investment/Dalian all friends real estate too will hold 150 million shares of equity pledge to a natural person,Get a total of $150 million loan.A total of four companies won the 742 million yuan of financing,At that time"ShiDe system"Capital crisis has now,So even just founded opened by China life also failed to escape"Mortgage financing".

　　华汇人寿“急售”欲求变现，这或许为关国亮敞开了难得的进入契机。上述消息人士称，华汇人寿被出售股权还债已无疑，目前双方交易谈判已到几近完成的地步，但最终关国亮能否接手成功，还要看监管层的审批。

By China life"JiShou"Desire realizable,Perhaps this is GuanGuoLiang open rare into an opportunity.The sources said,China life insurance is sold by equity debt service has no doubt,The two parties in trade talks is nearly complete point,But in the end GuanGuoLiang success can take over,Also see the supervisor's approval.

　　根据《保险公司股权管理办法》规定，保险公司变更出资额占有限责任公司注册资本5%以上的股东，或者变更持有股份有限公司股份5%以上的股东，应当经中国保监会批准。其中还规定，保险公司单个股东（包括关联方）出资或者持股比例不得超过保险公司注册资本的20%。

According to the[The insurance company equity management measures]provisions,Insurance company changes of amount of investment registered capital of a limited liability company more than 5% of the shareholders,Or change of holding co., LTD., 5% or more of the shares of the shareholders,Shall be approved by the China insurance regulatory commission.Which also provides,The insurance company individual shareholders(Including related party)Capital contribution or shareholding ratio shall not exceed 20% of the registered capital of the insurance company.

　　数据显示，截至2012年11月，华汇人寿保费总收入仅1.27亿元，占整个寿险业的份额仅0.01%，市场排位至57位，几近垫底。

Data display,By November 2012,China life insurance premium income by only 127 million yuan,Accounting for the entire exploring share only 0.01%,A market position to 57,Near bottom.

　　在接近关国亮人士看来，这位保险业“牛人”无论保险业务和资产管理的能力都“了得”，如其进入华汇人寿，有望做强做大。而上述知情人士透露，目前双方交易已谈得差不多，已到接近完成的地步。

In the near GuanGuoLiang people it seems,The insurance"Cattle people"Whether insurance and asset management capacity"get",In China the remittance life,Is expected to be bigger.The insider,The two parties transaction has been talked about,Already close to the point of complete.

　　“流年”能否反转？ "Time flies"Can reverse?

　　命运多舛，用在华汇人寿身上再恰当不过。其一出生便遭遇东家变故，业务发展自然在阴影之下负重前行。

Star-crossed lovers,In China, collect life again appropriate nevertheless.One was born with club will change,Business development natural in shadow weight forward.

　　2012年2月，华汇人寿亮出了开业后的第一份成绩单，当月保费收入约为568万元，在总共62家寿险公司当中排第59位，而居其后的几家公司实际上还未真正开业，数据为零。5个月之后，即2012年6月其总保费为0.53亿，市场份额占比为0.01%；当月保费为0.11亿。再过5个月之后，即2012年11月其总保费才1.27亿，市场份额仍然只有0.01%。“一般来说，东家实力雄厚、规模庞大的新保险公司，一般开业便能冲上数亿的保费，华汇人寿显然已经失去了靠山。”深圳某寿险公司管理人员如此评价。

In February 2012,China remittance life flashed out after opening the first test report,The premium income is about 5.68 million yuan,In a total of 62 home life insurance company of 59 a row,And in the subsequent several companies actually haven't really practice,Data is zero.Five months after,Namely in June 2012 the total premium for 053 million,Market share accounted for more than 0.01%;The premium for 011 million.There is five months later,That is in November 2012 the total premium only 127 million,Market share is still only 0.01%."Generally speaking,Club strength/The size of the new insurance company,General practice can triumph in the hundreds of millions of premium,China remittance life obviously have lost the backing."Shenzhen a life insurance company management personnel so evaluation.

　　这家开局不利的保险公司，正在期望新的曙光来临，关国亮或为其新的希望。关国亮在保险界声名显赫，现年已52岁的他出生于哈尔滨，在资本界的能力率先表现在推动东方实业上市，曾担任过该公司董事长；后加入新华人寿，1998年担任董事长，2006年因挪用资金2亿元获刑6年。但据其前部下“老新华”人士称，关国亮无论是抓业务战略还是对于险资投资都有一手，“其落马很大部分原因在于其大胆的性格和超前的思想造成。”实际上，关国亮在保险业的“霸气”余威仍存。

The start adverse insurance company,Expect the new dawn is coming,GuanGuoLiang or for its new hope.GuanGuoLiang great eminence in insurance sectors,The already 52, he was born in Harbin,In the capital of the world ability in promoting the performance east industrial listed,Served as chairman of the board of directors of the company;Add xinhua life,In 1998, was the chairman of the board of directors,Because in 2006 the divert fund 200 million yuan was six years of punishment.But according to the men before"The old"According to people,GuanGuoLiang whether grasp business strategy or for risk capital investment has skill,"The great part of the reason is that the lok ma bold character and advanced thoughts make it."In fact,GuanGuoLiang in insurance industry"dominance"Are still battling blazes.

　　“我还会回来的”是关国亮入狱前的一句话。在去年8月4日其出狱后，“以何种方式、借哪个金融企业东山再起”一直是保险业的关注点，如今华汇人寿进入了他的眼帘，“如果他要做的话，就会想方设法做大做强，这是他的风格！”上述其前部下“老新华”人士认为，关国亮依然是一名虎将。不过，接近关国亮的人士却说，即使“出山”也会隐于背后，不再会在前台上亮相，因为其早已过了锋芒毕露的年纪。

"I'll be back"In a word GuanGuoLiang is before.In the last August 4, after its out of jail,"In what way/Through which financial enterprise comeback"The insurance industry has been the concerns,Now China remittance life into his eyes,"If he wants to do it,Will try to become bigger and stronger,This is his style!"The above the men before"The old"People think,GuanGuoLiang is still a brave general.but,Close to GuanGuoLiang people said,Even if"mountain"Will also hidden in the back,Will no longer appear on at the front desk,Because it had the hard-edged age.