The appearance of Xingchen 2 has been finalized.
The related design work has also begun.
Next, Cao Yang naturally started working on the design drawings of Xingchen No. 3.
However, Zhang Fugui came to the door.
Since this year, Zhang Fugui has basically handed over all the business of Autohome to Yu Yu, and he has begun to focus all his energy on Nanshan investment.
Zhang Fugui has successively recruited some people for the two directions Cao Yang has decided to invest in Nanshan.
However, so far, Nanshan Investment has only made very small moves in terms of Internet angel investment and financial investment.
This is definitely not in line with Zhang Fugui's expectations.
Everyone has been recruited, so we have to find something for everyone to do.
The "elites" under him also submitted many reports on various aspects during this period.
For this reason, Zhang Fugui planned to come over and have a chat with Cao Yang in person.
"You want to apply for 100 million in venture capital to invest in the Internet?"
Cao Yang quickly read the PPT prepared by Zhang Fugui.
I have to say that this information is very well prepared.
It's just that Cao Yang doesn't necessarily agree with the direction mentioned in it.
In this age, are you still thinking about building a portal?
This is obviously inappropriate.
As for online games, they do have a future, but they are prone to criticism.
It would be better to wait until the smartphone era before entering. At that time, everyone’s attitude towards online games has also changed.
Although the Internet is a very promising field, the market value of various domestic Internet companies is still far behind compared with that of later generations.
If you really invest, chances are you won't lose money in the end.
But everyone only saw the glory of the Internet companies that had the last laugh, and did not see that a large number of companies died in the middle.
As a venture capital investor, it is not easy for one of the ten companies you invest in to eventually go public and cash out.
But there is absolutely no place for a new portal here.
"Yes, with the increase in computer ownership, the number of Internet users in China has also increased explosively."
"In this way, the prospects of various websites are very worth looking forward to."
"After preliminary analysis, our team believes that although there are already four major portals, other websites are not without opportunities."
"As for online game companies, we think this is a very promising field..."
Zhang Fugui had obviously made some preparations, and his words were clear and logical.
"Online games are indeed a rising industry and can be considered in the future."
"As for portal-related websites, they have completely missed the mainstream."
"On the other hand, some special social networking sites or websites in niche fields can be appropriately invested in."
"Some time ago when I was surfing the Internet, I saw some interesting videos on a place called Tudou.com. I think this type of website will have a future."
"When I went back to Lingnan Polytechnic University recently to communicate with my teacher, I also heard fellow students talking about the school intranet. This is also an investment that you can consider trying."
"You can let the team spread the word, or take the initiative to contact some entrepreneurs, and compile a list of investments you are interested in every week or every month."
"I'll check it together."
In the PC era and the smartphone era, many popular things are completely different.
Cao Yang did not completely reject the current Internet investment. After all, there are some things that have no big problem in transitioning from the PC era to the smartphone era.
But now most of the energy is on Xingchen Automobile, and there is definitely no time to engage in the IT industry in detail.
Of course, he is very interested in Internet companies that are closely related to the automobile industry.
Thinking of this, Cao Yang specifically reminded Zhang Fugui and said: "Nanshan Auto Parts is currently developing navigation, which requires the use of maps."
"You guys are trying to figure out whether you can invest in AutoNavi. It would be best if you could hold a controlling stake."
Internet talents will also be able to serve auto parts companies in the era of intelligent networking in the future.
Now start to accumulate slowly, and in a few years you can start to exert your strength.
Now, in the 2G era, there is nothing we can do.
"Gaode?"
Zhang Fugui did not expect that Cao Yang would directly give him an investment target.
But without any hesitation, he said, "No problem, I'll start making arrangements when I get back."
"By the way, can we consider trying the waters in the financial field?"
"If the money on the company's account is placed in the bank now, it will only earn a little current interest, and the utilization value is really too low."
"You can consider using it to trade stocks or buy funds or something."
"Nanshan Investment recruited a financial investment manager, and she felt that there might be some investment opportunities in the domestic stock market."
"The past few years have been relatively weak, and the next few years are worth looking forward to."
After hearing what Zhang Fugui said, Cao Yang started to think seriously.
Stock trading.
To be honest, except for a few well-known stocks such as Tencent, Apple, Amazon, CATL and Moutai, he can remember some general trends, and he basically has no impression of the trends of other stocks.
But the financial crisis of 2008 will never be forgotten no matter what.
Before the crisis came, the stock market exploded, and he naturally had an impression of this situation.
After all, in the following ten years, China's stock market never exceeded the high of 6,000 points.
Before reaching the high point, it seems that you can make money by buying any stock?
Although this is a bit exaggerated, there is no big problem.
In particular, what impressed him was that Huaxia Shipbuilding had set many records during this bull market.
I had never considered making money in the stock market before, after all, I was not short of money.
But now that the Nanshan Group's stall is getting bigger and bigger, it seems that there is no harm in having more money.
Especially in the past few days, Zeng Tingting accidentally mentioned the acquisition of Land Rover.
If you really want to cut off Hu from the people of Tianzhu then, at least the price cannot be lower than what the people of Tianzhu offer, right?
That's more than 10 billion yuan gone.
Furthermore, I have already established a semiconductor division. During the financial crisis, the division took advantage of such a good opportunity to acquire a wave of related companies. When are we going to make a big impact?
This also costs money.
It is estimated that if you just mess around, tens of billions of yuan will be gone.
Even if part of it can be borrowed, relying solely on the current profits of Nanshan Group is a bit overwhelming.
Thinking of this, Cao Yang felt an inexplicable sense of crisis.
It is now September 2005.
It won't be too long before the financial crisis arrives.
Zhang Fugui mentioned the stock market today, so you don't have to be polite.
Invest one billion first and try to add a zero at the end within the next two years.
Doesn't this seem difficult?
No, I have to pick up the money myself.
Otherwise, it will be too expensive to get chips or something in the future.
"Later, bring the person in charge of financial investment from Nanshan Investment and I will talk to him personally."
"Investment in the stock market is indeed possible."
"I also have some ideas in this regard."
After thinking about it, Cao Yang made a decision immediately.
If you don't pick up the money in the stock market, those stock investors will not live a better life.
It's better to pick up some money and come back to develop a wave of industry, which will benefit some industries in China.
Seeing that Cao Yang agreed to his proposal so easily, Zhang Fugui was also a little excited.
Without waiting for the next time, he directly called the financial person in charge of Nanshan Investment.
"Mr. Cao, this Lin Ling graduated from Fuzhou University. She went to the United States to study for two years. After working at JPMorgan Chase for two years, she returned to China and joined GF Securities."
"But later on, I was 'voluntarily resigned' because of the birth of my second child."
"It just so happened that our Nanshan Investment was recruiting people, and the office location was right next to her home, so she joined the company."
On the way over, Lin Ling, the head of financial investment, Zhang Fugui gave Cao Yang a brief introduction.
It's actually a woman?
This surprised Cao Yang.
But what he wants is a tool man. As long as he is proficient in various investment tools and can trade, it is enough.
Judgment of investment direction and the like are very important in other companies.
It doesn't matter when you get to Cao Yang.
Especially in the years before the financial crisis, Cao Yang could still win even if he remembered very few things.
In the past two years, any stock bought was guaranteed to make money without losing money.
It is safer to choose blue-chip stocks such as shipbuilding.
After the stock market reaches a high level, you can cash out and then go to the American financial market to gain another wave.
In his impression, many financial companies in the United States collapsed or their stock prices hit new lows during the crisis.
For example, Citibank's stock price once fell below $1.
Coupled with such a big thing as Lehman's bankruptcy, how can we get a piece of the pie from those vultures?
When the time comes to invest more than one billion US dollars, how can it be multiplied several times?
Thinking of this, Cao Yang became more confident in the future development of Nanshan Group.
I feel more confident when it comes to burning money.
…
"Minister Lin, Mr. Cao wants to talk to you about stock investment. Please explain to Mr. Cao the assumptions you made in your previous report."
After Lin Ling arrived, Zhang Fugui briefly introduced both parties before getting into the topic.
He had just seen Mi Ying come in several times, seemingly urging Cao Yang to go to the meeting.
"Mr. Cao, it's like this. When it comes to stock investment, we have to start with the situation in the past few years."
Lin Ling looks like she is in her thirties, but she has the look of an elite working woman.
Wearing well-dressed formal clothes, his temperament is outstanding.
“On June 14, 2001, the Shanghai Composite Index reached a record high, reaching 2245.44 points.”
"This high point began at 1047.83 points on May 19, 1999, which is the famous May 19 market in the history of A-shares."
"In more than two years, the Shanghai Composite Index has risen by 114.29%. Such a money-making effect is very rare."
As a professional, Lin Ling had some classic data on the stock market at her fingertips, and she showed off her skills in front of Cao Yang very well.
"At 2245.44, the bear market begins."
"There may be different reasons, incentives, and catalysts for the origin of the bear market, but they cannot escape the root cause of 'valuation bubble'."
"In the early years of the stock market, not all stocks were tradable. At that time, there was a category called 'state-owned shares.'"
"At that time, it was held by the original state-owned shareholders of the listed company, and it was agreed that it would not be listed or circulated."
Seeing that Cao Yang was listening to her explanation very seriously, Lin Ling was filled with expectations.
"This means that although a listed company may have a large market value, excluding state-owned shares, there are very few shares that are actually circulating."
"In that era when everyone liked to speculate on small-cap stocks, and there were even bookmakers, small was beautiful."
"But with the development of the securities market and the demand for social security funds, the reduction of state-owned shares has been brewing."
"In the eyes of stock investors at the time, this was almost a disaster."
"For state-owned shareholders who often hold stocks at cost price, if there is an opportunity to reduce their holdings at a price-earnings ratio of 50 or 60 times, how can they not reduce their holdings?"
“But for such a reduction in holdings, in an era when public funds were just born and there were very few overseas funds, who would take over the offer, and who could take over the offer?”
"It is conceivable that in the next few years, A-shares fell miserably."
"On June 6 this year, the Shanghai Composite Index hit a new low, reaching 998.23 points."
"After that, there started to be a small rebound."
"So I have a judgment that A shares have bottomed out."
“On the one hand, valuations are no longer so outrageous, and even very favorable.”
"From the high of 2245 to the low of 998, the Shanghai Composite Index fell by more than 55%."
"With the increase in profits of listed companies, the price-to-earnings ratio of the Shanghai Composite Index has dropped to about 16 times. I think this level is suitable for entry."
"Nanshan Group's profitability has been very good in recent years, and various banks are very willing to provide loans."
"But as far as I know, the group almost never seeks bank loans."
"In fact, I think appropriate loans can greatly promote the development of enterprises."
"The company can completely use its profitable funds to invest in the financial market and accelerate the development of the group."
"During this process, if you need to expand production, you can use bank loans to meet the purpose."
"Although I have no way to guarantee that the company can make money 100% of the time in the financial market, in this current environment, it is not easy to lose money."
The more Lin Ling spoke, the more confident her face became.
It has been several months since she joined Nanshan Investment, but she has not achieved any results.
At the beginning, because her second baby was less than one year old, she was not in a hurry.
It just so happened that the company had less work, so she could spend more time taking care of her children.
But slowly, her focus began to shift back to work.
She hopes that her investment in Nanshan can make some achievements.
Especially after getting to know Nanshan Investment and Nanshan Group, she is full of confidence in the company's future.
"I agree to invest in A-shares, but in terms of stock selection, I am more optimistic about blue-chip stocks, especially ship-related companies. I think it is a good opportunity."
Cao Yang didn't hesitate. After seeing Lin Ling's professional performance, he immediately agreed to invest.
Of course, this agreement actually has nothing to do with Lin Ling.
It just felt like he agreed after listening to Lin Ling's report, and he gained a wave of gratitude and goodwill from Lin Ling.
"China's shipbuilding industry has developed rapidly in recent years, and the demand for various ships will be relatively strong in the future. This is indeed a good direction."
Lin Ling is not a stubborn person.
Not to mention that Cao Yang's direction made sense, even if it didn't make sense, she could still tell the truth.
"Taking today as the limit, I will not withdraw a penny from Nanshan's investment in the stock market in the next two years."
"I hope these 1 billion can create a miracle by then."
Seeing Mi Ying come in again to urge the meeting, Cao Yang was ready to make a quick decision.
Although this investment seemed a bit hasty, Cao Yang knew what was going on and was not worried at all.
But Zhang Fugui and Lin Ling are different.
When did they trade over 1 billion in funds?
Cao Yang's quick decision made them feel trusted.
The excitement on his face couldn't be more obvious.
…
Meetings and socializing.
This is a business that entrepreneurs inevitably have to deal with.
In internal company meetings, it’s easy to say whatever you want, Cao Yang has the final say.
However, some social activities cannot be completely willful.
For example, Cao Yang could leave it to the vice president and Zeng Tingting to deal with some social activities when visiting customers.
But there are some more important occasions, and it would be inappropriate for him, the general manager, not to attend.
No, the district has organized a relatively important symposium on the development of the automobile industry, and it would be inappropriate for him not to participate.
After the meeting, Liu Tianwu also took the initiative to invite him to have dinner, so he couldn't refuse.
However, taking this opportunity, Cao Yang came up with a good plan that did not violate any rules but could sell favors.
"Leader, our group has injected 1 billion into Nanshan Investment in the past two days and is preparing to arrange people to speculate in stocks."
"I wonder if you usually pay attention to stocks?"
Halfway through the meal, Cao Yang took the initiative to change the topic to the stock market.
"Hey!"
"Don't mention it!"
"My family works in a bank, and they used to have internal fund promotion tasks."
“If it’s not promoted, I’ll buy it with my own money.”
"As a result, the fund I bought for 50,000 yuan now costs less than 20,000 yuan."
Obviously, Cao Yang was talking about Liu Tianwu's sadness.
However, the expression on his face does not fluctuate particularly much, and his expression management ability is still very strong.
"It was indeed a big bear market in the past few years, but things must turn to the extreme. I think China's economy has been in a state of rapid development in the past few years, and it is abnormal for the stock market to keep falling."
"In the next few years, the economy will continue to grow at a high speed, and I feel that the stock market has bottomed out."
"Now reinvest 50,000 yuan. In two years, it will become not only 500,000 yuan, but also double. There is absolutely no problem."
Cao Yang encouraged Liu Tianwu to invest in stocks in a very affirmative tone.
Of course, he would definitely not do it himself, but his family member could.
Since I am not a person in the securities industry, there is no saying that I am not allowed to invest in stocks.
As long as you don't buy affiliated companies in the area, there's nothing to worry about.
"You won't invest 50,000 yuan now and it will become 20,000 yuan in two years, right?"
Liu Tianwu said jokingly.
Obviously, he was not really ready to invest in stocks because of Cao Yang's words.
"Certainly not!"
"I dare to invest the 1 billion. You don't think I want to use this money to waste it, do you?"
“If you invest in stocks now, 99% of the time you won’t lose money!”
"Even if it doesn't work out, you can sell the fund and buy a few blue-chip stocks again. I think it's much more reliable than the fund."
Since you have to sell favors, then just be a good person and do it to the end.
Cao Yang further strengthened his lobbying efforts.
Liu Tianwu is a smart man, so he can naturally feel Cao Yang's attitude.
Tens of thousands of dollars is really not a problem for him.
If it were possible to legally double the stock market, he would naturally be happy to see it happen.
As a relatively honest official and an ambitious official, his worth is actually not high.
But there are also children and elderly people who have to support their families.
"Okay, then I'll listen to you, the expert."
"If it loses money by then, Nanshan Group will have to build two more factories in the district."
…
One favor is for sale, and several favors are also for sale.
Since he began to persuade Liu Tianwu to buy stocks, Cao Yang and Fang Sisi also talked about stock trading.
“Isn’t Nanshan Investment’s previous positioning mainly used to invest in various outstanding Internet startups?”
"Why do you feel like the focus now is on stock trading?"
“Isn’t this riskier than venture capital?”
As a reporter, Fang Sisi has naturally heard about the performance of China's stock market in recent years.
She even saw many reports of related tragedies.
Now that I heard that Cao Yang has also started trading stocks, I am actually a little worried.
“Internet equity investment and financial market investment are both the development directions of Nanshan Investment.”
"Now the Nanshan Investment and Finance Department has analyzed that investment opportunities in China's stock market have come. I think the analysis is quite reasonable, so I agreed."
"It has been falling for so many years. It can't keep falling forever."
When Cao Yang said this, Fang Sisi didn't know how to refute it.
Fortunately, she didn't retort for the sake of rebuttal.
"The situation in the financial market is very different from that in industry. You may want to be more careful."
"The best thing is to try not to touch those highly leveraged financial products, otherwise the risk will be too high."
After much deliberation, Fang Sisi could only make some suggestions.
"I understand that Nanshan Investment is like a newborn baby in the financial market. It has not learned to walk yet and will not start running right away."
"But I think there will indeed be good investment opportunities in the stock market in the next two years. You can ask relatives and friends to open an account and buy some stocks."
Cao Yang persuaded him very persistently.
What an opportunity to sell a favor.
After two years, if you remind the relevant people to cash out in time, you will definitely be full of favors.
"You are so confident, then I will really tell my relatives and friends."
"When people complain about me when they lose money, they will have to ask you to compensate them."
Fang Sisi said half-jokingly.
Although the two of them are both in Yangcheng, they don't get together very often every week.
It's not so boring to get along with each other, but it's quite harmonious.
As for what to do in the future, neither of them has directly discussed it yet.
(End of chapter)
