Later, Lu Cheng took the time to return to Dai City and handed over to his father two kinds of fragrant wood that had been cut down in another world.
When Lu Tianming saw it, he couldn't help being surprised: "Hey, you, this is sandalwood and agarwood! The heartwood of newly harvested rosewood is bright red or orange, and it slowly turns purple when exposed for a long time. Therefore, red sandalwood is also called red sandalwood. . When the heart part of the agarwood plant is stimulated by trauma or fungal infection, it will secrete a large amount of resin with a strong fragrance, so it is very dense and is also called 'water agarwood'."
vertex
Lu Cheng understood immediately when he heard it: "These two kinds of trees can be used as medicine!"
"Yes, they are all precious spices. They are used for burning incense, extracting spices, adding to wine, or directly carved into decorations. Very few people use them to make furniture."
"Dad, I cut down three of each of these two kinds of fragrant wood. Look at such a thick trunk, you don't know how many cubic meters of wood there are. I don't care, I'll leave it all to you!"
"You've added a lot of work to me! This is a big deal, and I can't handle it alone."
"Dad, you can ask for help. Find a professional manager and build a spice factory."
"Okay, I'll try."
After returning to Quancheng, Lu Cheng contacted Yang Guangchang of Hanhai Auction in the Magic City and said that there was a batch of high-end jades to be auctioned.
Yang Guangchang came soon, bringing a bodyguard with him.
He had a conversation with Lu Cheng and said that the next large-scale auction would be arranged on May Day, and the money was expected to be available on May 2nd.
Lu Cheng agreed, signed an agreement, and asked the other party to take away more than thirty pieces of jade, including two full-green bracelets made of emerald glass. He wanted to see what the price of such a bracelet was.
In addition, he also contacted Jin Dachang from Quancheng's "Jindian Auction House" and handed him a batch of mid-to-high-end jade articles, including eighteen bracelets with a touch of Yang green.
Jin Dachang also said that the auction would be arranged around May Day.
In the blink of an eye, April 1st arrived. Lu Cheng was buying stocks every once in a while. On this day, he bought tens of thousands of shares of "Da Qin Technology" and suddenly found that his shareholding ratio reached 5%! A total of 525 million shares are held, the average buying price is 3.84 yuan, and the current stock price is 4.3 yuan.
He checked the rules of the Shanghai and Shenzhen stock markets, contacted the secretary general of Daqin Technology, and told him about this.
After receiving the news, Board Secretary Chen Yuxin sent an "Equity Change Report" for Lu Cheng to sign and confirm, and then submitted a written report to the China Securities Regulatory Commission and the stock exchange. At the same time, an announcement was made to the outside world. During this period, Lu Cheng was not allowed to buy or sell stocks according to regulations.
As soon as the news came out, the stock price opened at the daily limit!
Many investors posted barrage messages on stock trading software.
"Great news! Lu Cheng increased his shareholding ratio from 1% to 5%, which shows that he is absolutely optimistic about this stock!"
"Who is Lu Cheng? The last eight digits of the published ID number have been hidden."
"Isn't there a city mark? It says 'Daicheng'. How many Lu Chengs are there in Daicheng? Apart from the Olympic champion, who has so much money to hold 5%?"
"Even that Lu Cheng may not have so much money. I helped him calculate it. 526 million shares. The average price is unclear. Even if it is 3.7, it is still 1.946 billion! Lu Cheng's endorsement fees in the past two years have been 2 billion. ?"
"Perhaps, he represents big companies, and his girlfriend Yun Ji is also very rich..."
"Why did he buy this stock? What is the potential value of Daqin Technology?"
"Who knows, maybe when the quarterly and annual reports come out, we will know the reasons behind it."
In the following days, Luo Xingjuan, a stock investor in Shanghai Magic City, was very happy as she watched the stock price hit the daily limit three times in a row, reaching 5.72 yuan, and her account increased to 2.86 million.
After three daily limits, because there was no more good news, the stock price slightly fell back to 5.5 yuan, and then stayed there.
The memory of stock investors is as short as a fish. Lu Cheng's increase in holdings can increase the stock price for three days, which is considered a long time.
A week later, on April 8, Daqin Technology released its quarterly and annual reports. The result disappointed retail investors! Revenue fell by 10%, no profit, only losses! Although the loss is not much, only more than 30 million, it is a loss after all!
Seeing the loss-making quarterly report, the hearts of investors became extremely cold!
Luo Xingjuan's heart was even more filled with bitterness! She had passed the stage of turning off the lights and eating noodles with tears flowing into the bowl, leaving only the silent pain.
After the market opened that day, it immediately hit the limit!
The stock trading screen is filled with barrage!
"Playing with birds!"
"Completely finished!"
"This company has been losing money for two years before, and this is the third year! If it loses money in the third year, it will have to put an ST label to indicate the risk!"
The Shanghai and Shenzhen stock exchanges put the "ST" label on stocks that have always had poor performance or have other risks, and stocks that have poor performance for a long time and have risks of delisting are particularly considerate and add more ST labels. A "*" is the so-called "*ST" stock.
It can be understood that ST stocks are risky stocks, while *ST stocks are stocks that may be delisted. To put it more simply, ST stocks are "sick" stocks, while *ST stocks are "quickly over" stocks.
Investors all know that these two types of stocks are deeply hated, because the trend of any stocks that are hat-tagged is simply to fly down three thousand feet, especially when they are first hat-tagged, they basically continue to fall by the limit.
The screen is full of curse words. Even though there is filtering, some words will not be displayed, but investors will find ways to get around them.
Among them, there are many people who scolded Lu Cheng!
"What a fool! He spent 2 billion yuan to buy an ST stock!"
"Lu Cheng is stupid, but I am even stupider! I bought it during the Spring Festival, at 4.3. If I make a profit, I can't escape this time!"
"Lu Cheng, you bastard! I saw the news about your increase in holdings, and I bought it at the daily limit before the market opened!"
As for Lu Cheng, he didn't care when he saw these barrages. He still had 1.5 billion in cash and was about to buy more stocks! Because he has many channels for making money, selling jade is the bulk of it, plus selling furniture, and endorsement fees from three domestic companies have also come in one after another.
Previously, because the stock price was too low, retail investors were unwilling to sell, and Lu Cheng was unwilling to sell at a high price, so buying was very slow and difficult.
This time it was better, Daqin Technology was labeled as ST, and it fell by the limit 7 times in a row! It’s 2.73 yuan!
The stockholders all had pale faces, and the stocks they held were cut in half!
For old investors, cutting in half is too common! As long as it doesn't cut to the ankle, it's considered good.
Someone predicted: "Take it slow, there are still 7 lower limits!"
"According to my estimate, the stock price will fall below 1 yuan!"
"Hmph, I told you earlier, take advantage of the daily limit and run away, who will you blame if you don't listen!"
"Heaven, earth, please help me, dealer, I want to go out! Let me go!"
On the eighth day, there was another limit drop, and the stock price reached 2.45 yuan.
Lu Cheng saw that there were 600,000 sell orders on the lower limit, so he directly placed a buy order of 500,000 lots, and the remaining 100,000 lots were still there.
In the afternoon, the selling orders increased, and the 100,000 lots turned into 500,000 lots. He scanned the goods again, and all the goods on the lower limit board were wiped out.
The stock price subsequently rebounded slightly and closed down 8%.
On the ninth day, the stock price fluctuated around 2.5 yuan in the morning because there were no buying orders. In the afternoon, it dropped to the limit again! The stock price reached 2.28 yuan.
This time, Lu Cheng directly placed an order for 2 million lots to support! The closing result of the day surprised him. All the 2 million lots were traded!
Lu Cheng was inexperienced and felt strange in his heart: "What's going on? Why is the selling power so strong? Are Daqin Technology's fundamentals so bad? Didn't they just lose 30 million?"
He underestimated the power of ST, and even more underestimated the contagious power of despair among investors.
Some investors analyzed in the forum: "Daqin Technology has no hope at all. The technology is too backward! Others have reached 2 nanometers, and it is still at 28 nanometers. The wafer factory is only 8 inches. Such factories are being closed every year. , has no value of existence.”
"Lu Cheng is either crazy or stupid, otherwise how could he buy this stock? There are so many good chip companies that he doesn't buy! Why do you want to buy Daqin Technology?"
Lu Cheng looked around and threw everyone's opinions behind him.
Another day later, the stock price was still falling, reaching 2.1 yuan!
He continued to place an order of two million lots, placing it at a low price. As long as someone sold it, it would fall into his pocket. If others don't sell it, he won't pursue it either.
On April 22, he contacted Daqin Technology’s secretary-general Chen Xinyu again and told him that his shareholding ratio had reached 10%. Currently holds 1.05 billion shares.
The average price of this batch of 5% stocks is 2.25, and the cost is less than 1.2 billion. The money in his hand is almost running out again!
According to the rules, for stocks on the main board, a notice must be issued every 5% increase in holdings.
When the announcement came out, the stock price basically stabilized and stopped falling.
Immediately afterwards, the results of the 100-seat fan experiment came out. They were consistent with the results of Zhuo Muqing's laboratory. After the chip engraved with the wind prayer charm was installed into the large fan, it could make the fan run 108 times longer when there was no wind. Hour! Each fan is equipped with 100 chips, which can add 10,800 hours. There are 8760 hours in a year. Considering that there is wind most of the time, the wind charm only activates when the wind is low, which can keep the fan running continuously for several years!
Therefore, NMG Wind Power Base placed an order to purchase a large number of chips and prepared to install them on all wind turbines.
The NMG wind power base is large in scale and is scattered in XBEHYQ of HLBE City, Kailu District and Zhurihe District of TL City, and Songshan District, KSKTQ and WNTQ of CF City. There are countless wind turbines in all places.
After Daqin Technology received the order, the management came to their senses and understood that this matter was of great significance to the company.
So, they quickly issued an announcement saying that they had received orders for "wind turbine chips" that exceeded a year's production, and the price of each chip was 30% higher than that of car chips!
As soon as the news came out, the stock price went up to the limit! I don’t know how many daily limits it can hit in a row!
Because the company's losses last year were very slight, let alone a 30% increase in chip selling prices, even if it increased by 5%, it would still be able to turn a profit this year. It is expected that there will be a 30% gross profit margin increase, the company's profit is easy to calculate, and this stock will rise significantly!
Up to this point, there was no detailed description in the announcement of what a "fan chip" is.
However, the wisdom of the working people is immeasurable. Some people began to search for "wind turbine chip" patents and found that there were several newly generated patents. The inventors were Zhuo Muqing and Luo Tao. Among the patentees, there was Lu Cheng's The name is on the list!
The news spread like wildfire, causing uproar among investors.
"Ah, that's it!"
"I asked why Lu Cheng bought Daqin Technology inexplicably. It turns out that he is one of the patentees of the wind turbine chip!"
"This is blatant insider trading! I'm going to sue him to the China Securities Regulatory Commission!"
"Lu Cheng is neither a director of the company nor a member of a securities company, nor did he illegally obtain information. Is this considered insider trading?"
"If this is insider trading, which company doesn't have similar situations? Those private equity funds, every one of them has insider trading! Even public equity funds have to go to the company to inspect, isn't there also insider trading?"
Lu Cheng didn't know whether his behavior was considered insider trading.
He thought to himself: "It's okay to do whatever you want. Anyway, I have a 10% controlling interest. Let the China Securities Regulatory Commission decide whatever it is."
