On May 2nd and 3rd, Lu Cheng heard "ding dong, ding dong" several times in a row.
I took out my phone and saw that several more funds had been credited to my account. The largest amount of funds came from Hanhai Auction House in the Magic City. 50 pieces of ruby and topaz, each weighing 5-10 kilograms, plus three green jade bracelets, sold for a total of 19 billion.
This number seems like a lot, but it is much less than before! At the first auction, only 5 pieces of jade were sold for 7.2 billion! Today, 50 pieces of jade only cost 19 billion! It seems that too much jade is launched at once, and it is indeed impossible to sell it at a high price!
The second funding came from Quancheng Jindian Auction House, where dozens of jadeite pieces were sold for 1.2 billion yuan.
The third tranche of funds came from Minghu Jade Workshop, which produced a batch of jade articles and provided them to major jewelry stores, and transferred 500 million yuan to Lu Cheng.
The fourth tranche of funds comes from fees from several sports brands, totaling 670 million.
The fifth tranche of funds is dividends from furniture stores, also amounting to 300 million yuan.
All the transferred money, plus the remaining hundreds of millions of funds, made Lu Cheng's bank account full again, with 22 billion in cash.
He did not immediately repay the 18 billion debt because the situation was unstable and he needed a life-saving money.
Lu Cheng watched the sky at night and had a strong premonition that the southeast had been unstable recently and something might happen.
The stock market is very sensitive. In the past month, the Shanghai Composite Index has fallen by 10%. Daqin Technology’s stock price fell from a high of 48 yuan to 39 yuan. Lu Cheng has already lost a lot of money on the shares he received from Sanqin Bank.
If the stock price falls further and Lu Cheng has no cash in hand, the stocks he pledged will be forcibly liquidated.
In order to prevent losses to their own interests caused by falling stock prices, financial institutions will set early warning lines and liquidation lines for the stock prices of pledged stocks.
When the stock price continues to fall close to the warning line, financial institutions will require major shareholders to cover their positions; when the liquidation line is reached, and major shareholders have no way to cover their positions and repay the money, financial institutions have the right to sell the pledged stocks in the secondary market sell off.
When Lu Cheng signed the loan agreement, he had already determined the liquidation line. By calculating the number of stocks he pledged, he calculated that the early warning line was 20 yuan and the forced liquidation line was 18 yuan.
Another two weeks have passed.
On May 15, Lu Cheng completed his master's degree defense.
Among the three review experts, there is a professor from the College of Traditional Chinese Medicine, a professor of pathology from the Medical University, and a professor from the chemistry major of Qilu University. They gave Lu Cheng's thesis a high rating and believed that with a little supplementary information, it could be considered a doctoral thesis.
The defense of master's students was not so rigorous. These experts and professors were all acquaintances of Huo Mingan and Huang Yingyi. They saw that Lu Cheng's thesis was quite good, so they gave him a smooth pass and had no intention of making things difficult for him.
Huang Yingyi did not come to attend the defense meeting.
Huo Mingan is here. After completing the defense, he invites everyone to have a dinner at noon.
On this day, Lu Cheng was the center of attention, just like the groom, he attracted everyone's attention.
After the defense was completed, he went home and completely relaxed his body and mind.
"I finally completed my studies and will no longer go to school from now on! How many years has it been since I entered school at the age of 7?"
Jiang Qiuyun rolled her eyes at him: "You have finished it, but I haven't yet!"
She promised her mother that her studies would continue.
On May 20, something happened in the southeast, and everything was in turmoil for a while.
A-shares fell to the limit that day because foreign capital took the initiative to short.
Despite the full support of the Chinese people, the stock market is not strong enough and has fallen by the limit for 5 times in a row!
Friday, May 25th.
Lu Cheng received a reminder from the brokerage that the stock price had reached the warning level. If no action was taken, the stock price fell to 18 yuan, and the position would be forced to be liquidated.
So Lu Cheng took action and took the initiative to support Daqin Technology. For a week after that, despite the surge of selling, the stock price failed to fall below 19 yuan!
By the end of May, the situation had improved and gradually calmed down.
So starting from early June, the stock market began to rebound violently.
On June 3, Daqin Technology issued an announcement saying that the shareholding ratio of major shareholder Lu Cheng exceeded 40%! Lu Cheng took over a large number of stocks at around 19 yuan, used 20 billion yuan of funds, and increased his holdings by 9%.
When the news came out, Daqin Technology's stock rose further and soon returned to above 27 yuan.
The stocks pledged by Lu Cheng are considered stable. He still owes 18 billion to the brokerage firm.
There is only 2 billion left in his bank account, and it seems that he will not be able to repay it in the short term.
If you can't pay it back, just don't pay it back. Interest is not terrible, because stocks also pay dividends. Daqin Technology's profits have increased, with dividends reaching 2.5%. The stocks in Lu Cheng's hands earn more than 3 billion yuan every year from dividends alone.
On June 10, Lu Cheng received good news from Luo Tao: "The rain prayer talisman has been successfully developed. Five chips are installed in the black box, which can guarantee rainfall within a radius of 100 meters within 5 years. It rains once every half month. Back here, the annual rainfall is 1,500 millimeters.”
1,500 millimeters is quite a bit, equivalent to the average annual rainfall in most areas of Fujian.
The western slope of the Greater Hinggan Mountains in my country goes southwest to Zhangjiakou, Lanzhou and LS, which is roughly where the annual precipitation line of 400 mm in my country passes. From the perspective of topographic areas, my country's Northeast Plain, North China Plain, southern Loess Plateau and southeastern Qinghai-Tibet Plateau In areas like Zhengzhou, the annual precipitation is between 400 and 800 mm, which is a "semi-humid area".
Lu Cheng also received a detailed estimate from Luo Tao: In 2030, the average price of a 28-nanometer chip will be 500 yuan. Five chips cost 2,500 yuan, and the overall cost of a black box is 3,000 yuan. The prepared sales price is 10,000 yuan, and the profit of each black box is 7,000 yuan.
A land with a radius of 100 meters is equivalent to 47 acres of land. Even if the output of each mu of land is 500 yuan, the output of 47 acres of land is 23,500 yuan. So such a black box should be easy to sell.
Lu Cheng thought about it and felt that the interests involved in this kind of black box were too great. If he wanted to eat it all by himself, his stomach might become bloated.
So, he found a phone number and called a person in charge of Guoan named "Yang".
Three days later, a group of people came to Qingquan Villa.
Among them, the National Security Bureau, the Ministry of Ecology and Environment, the Ministry of Agriculture and Rural Affairs, and the National Forestry and Grassland Administration all sent people to participate in the joint meeting.
Luo Tao and his wife Zhang Lin also came to demonstrate the black box and the control of local rainfall.
After a series of intense talks, Lu Cheng handed over the black box rune rain technology, with a technology transfer fee of 20 billion yuan, and also requested that the chip production be handed over to Daqin Technology.
Some people may ask: "The country is so generous that it is willing to pay 20 billion yuan?"
Lu Cheng originally wanted 40 billion, but after bargaining it was reduced to 20 billion. He would not sell it any lower.
"This is a real treasure of mine and cannot be sold at a bargain price."
How much land is short of water in northern China? From NMG to Shaanxi, Gansu, Qinghai, and XJ, where is there no shortage of water? If the rainfall problem can be solved, the country will undergo earth-shaking changes!
Not to mention anything else, let’s just say that the eastern coastal cities are so crowded. If you were to move to Lop Nur and have a house, forty acres of land, good weather, green grass, and a new clean and tidy city nearby with all kinds of living facilities. There is no shortage of them. Do you want to go? I'm sure someone will be willing to go.
In other words, simply developing real estate in the north and northwest regions has created trillions of business opportunities.
－－－－－－Digression－－－－－
Some content in this chapter has been modified, and it seems a little unsmooth because it failed to pass 3 times in a row.
Genius website address:... Mobile version reading address: m..pppp('Shenyin Shanhaijing');;
Tips from this site: If you cannot read in Easy Reading mode, please return to the source site to read!
