2003: Starting with Foreign Trade

Chapter 437 Let's do it!

The hot weather makes it hard to feel motivated to work.

This is Tan Jincheng's fifth day in Yiwu. He has almost finished all the things he needed to do, but he doesn't want to leave at all.

"It's easy to go from frugality to extravagance, but difficult to go from extravagance to frugality. A couple of years ago, Lao Zhang and I were both running around everywhere in the summer, getting as dark as charcoal. We never had the thought of not wanting to go out and work."

Tan Jincheng, who was lying on the living room sofa, couldn't help but sigh.

I travel in luxury cars with drivers, and there's air conditioning everywhere I go, including most of the places I enter. The only time it gets a little hot is when I'm inspecting a construction site, and even that's a bit unbearable.

In the past two years, especially in the summer of 05, such conditions were nowhere to be found. Not only did we have to do everything ourselves, but we also suffered from a lack of money. The physical and psychological pressure we experienced was incomparable to what we experience now.

"You're already complaining about being tired? You still have to build cars, so you can't slack off now," Gu Qingqing said with a light laugh.

Compared to Tan Jincheng, she, who has been playing the leading role these days, seems to be full of energy.

In her own understanding, Tan Jincheng helped her set up the venue, and whether she could maintain it depended on herself. As the CEO of a company, she could not shirk the responsibilities she had to bear.

Being a college student is her protective shield, but not an excuse for her to shirk her responsibilities. Now that she has plenty of time during her vacation, she should take on her responsibilities even more.

She stayed at home these past few days, preparing her scripts in advance and rehearsing quietly. During the inspection, she took a hands-on approach, being meticulous and attentive. Through continuous efforts, Gu Qingqing tried her best to enrich her image within Orange Technology.

To be honest, Gu Qingqing doesn't particularly like the title of "Most Beautiful CEO on the Internet." In her opinion, the title carries a somewhat derogatory connotation.

She hopes that through her own efforts, when media reports, users, and outsiders mention her in the future, she will no longer be seen as just an empty title, but as a CEO with real capabilities.

He is a CEO who can lead the company to progress and achieve an early IPO.

"Yes, it's not time to relax yet. I still have to build the car. It would be too early to relax now."

Everyone has periods of relaxation, and entrepreneurs can't always be on edge. Like a novel, it needs climaxes, but if you keep the climaxes going, it seems a bit difficult, and the author's mental state can't support it.

After two years of entrepreneurship, the company has reached a certain scale, with revenue steadily increasing and business continuously expanding. In addition, apart from daily operations, there have not been any major changes in the Flash Group, so Tan Jincheng inevitably became somewhat complacent.

It's supposed to be a nationwide inspection tour, but he's bringing his mother and sister along, and now he's even bringing his father-in-law's family. To outsiders, it looks more like a youthful exuberance, a tour of his territory, or a leisurely sightseeing trip.

This understanding is not wrong. Four or five years have passed since his rebirth, and Tan Jincheng has gradually adapted to his new identity from the initial discomfort.

It retains memories of its past life and a sense of maturity, but more often it exudes the vigor and spirit of this era.

Yes, although I have the support of external tools, those who run physical businesses still rely more on their own efforts. External tools can see the general trend, but they can't see human nature. For example, after making so much money with Zhang Xupeng, when it came time to split up the business, Tan Jincheng was afraid that things would be different from his previous life.

After all, he had so much more money than in his previous life. Money is the best test of human nature. When negotiating with new business partners, there is a long-standing tradition of underestimating young people in the business world. Tan Jincheng also faced the dilemma of how to win over business partners.

He also needs to borrow money from banks, borrow a lot of money, and negotiate cooperation with the government. He has to work hard to achieve all of these things himself. There are no external help options for him.

While cheat software certainly played an undeniable role in gradually building Flash Group into a strong and large enterprise, it was by no means the sole reason.

This thing is a bit different from stocks. Stocks like Moutai have a general trend you can remember and are driven by historical trends. After buying at an absolute low, if you really don't understand, you can just sit back and do nothing.

Anyway, it's not like a big company can grow up overnight. It has the right timing, the right place, and the right people. It has everything it needs, and what's meant to come will come.

Having overcome numerous difficulties to make the company stronger and bigger, accumulating many honors, and standing shoulder to shoulder with leaders from all walks of life, Tan Jincheng has every reason to support his claim of being awesome.

I'm already this awesome, can't I take a break and enjoy myself?
However, it seems that it is not time to rest yet. Since Flash will not make any major moves in the second half of the year, we should focus on accelerating the expansion of Orange Technology and also make more investments in the primary market.

In addition, time is needed to prepare for the harvest in the secondary market. After a continuous surge, the Shanghai Composite Index reached a historical high of 4300 points at the end of May, after which the upward trend began to slow down.

After more than a month of decline and adjustment, the index is currently fluctuating around 3900 points, and this is where the divergence arises. Some people believe that the stock market has peaked, while others believe that there may be a second upward trend.

Anyway, all the analyses sounded very convincing. Tan Jincheng genuinely didn't understand the 2007 stock market; frankly, he couldn't comprehend it. If it weren't for remembering those big companies, being reborn to trade stocks would have been worse than not being reborn at all. He learned all this from the internet, newspapers, and television. The analyses were all very detailed and the experts were incredibly enthusiastic. And stock commentators these days were really straightforward and blunt; they dared to publicly recommend certain stocks on television.

But these days, older folks believe in these things. And you know what? They really treat what these "experts" say as a secret to wealth.

This money is really easy to make.

Tan Jincheng doesn't understand the technical analysis of experts and stock commentators, but he knows the historical trends. The stock market is currently hovering around 3900 points. Based on the historical high of 6124, there is still room for an increase of 2200 points.

At the 2200-point level, any stock with decent fundamentals would have at least doubled in value, or at the very least, easily gained 50%. Even a 50% gain wouldn't have outperformed the index.

He doesn't understand technical indicators and is too lazy to listen to the experts' nonsense, but Tan Jincheng knows that when the A-shares market goes crazy, it really goes crazy. A 2200-point rise doesn't take long at all.

How long did it take for the index to rise from 3000 points to 5178 points in 2015? I think it was only three or four months.

Based on this, the rise of 2200 points will likely take about three or four months from now, meaning the stock market will peak by November or December at the latest.

This aligns well with the trend of the 2008 stock market crash. Historically, the A-share market has experienced a surge followed by a peak a year later, after which it cools down, even without considering the impact of the financial crisis.

Three or four months is plenty of time to make a profit; even if you earn less, you still earn something.

What's there to be afraid of? Just do it!
One thought from Boss Tan caused the securities investment department of ByteDance to enter a state of total productivity-driven work.

The boss somehow got tens of millions of yuan and gave it to them, letting them choose targets to buy at the bottom, and the profit targets he gave were so outrageous that they were beyond their comprehension.

"For the newly invested 4000 million yuan, a 50% return is the minimum requirement. If the return exceeds 50%, all members of the securities investment department will receive a share based on a percentage and their work performance. The higher the return, the more you will receive. Keep up the good work!"

Cheng Linfeng, the securities business department manager who received the task and who was actually in charge of ByteDance's advertising platform before Huang Ming arrived, was dumbfounded.

Although the stocks recommended by the boss before perfectly caught this bull market with the index soaring and the returns were very good, taking SAIC Motor as an example, the average cost of buying at that time was around 5.3 yuan, and now the stock price has risen to around 21 yuan.

The near fourfold return made the unrealized profits on ByteDance's stock portfolio look very impressive, and this was just one of the recommendations from the boss, not even the most outstanding one.

Before Cheng Linfeng was poached by Tan Jincheng with a high salary, all he knew was that the young man had a very big business. It was normal for a big business to make some investments, but he had never heard of Tan Jincheng having any investment talent.

He'd never even heard of investing in the secondary market. He just recommended buying the stocks he suggested, saying that catching a bull market might have been partly due to the boss's foresight, but it was mostly driven by market trends.

The Shanghai Composite Index has now risen to a high of 4300 points, and the market has seen serious divergence, with a deep correction of nearly 500 points.

The risks here clearly outweigh the rewards, yet the boss wants to increase his investment at this point and even provides an outrageous return rate indicator, which Cheng Linfeng finds hard to understand.

Could it be that the usually composed Boss Tan has been blinded by his high returns? Indeed, many stock investors have this thought, and in the end, they all lose everything.

If he were still a mutual fund manager, then there would be no question. Clients would invest their money regardless of the price level; they would simply buy. There are countless fund managers who add to their positions at high prices, so one more wouldn't make a difference.

Since everyone is just collecting management fees, they can make a profit or loss, so it's a guaranteed income regardless of market conditions. Do you think I'll just be adding to my position at a high price and end up working like a sewing machine?
But now Cheng Linfeng is no longer a fund manager. His role has changed. He has become the second-in-command of an investment institution, so he has to be responsible to the boss and the company's funds. He can't let the boss do whatever he wants.

“It’s okay, just do it. If you lose 4000 million, it’s my personal loss, not the company’s. I think the stock market can still rise in the future.”

"As for performance, the 50% target is there. You professionals have more experience than me in choosing which stocks to buy. However, I personally suggest not buying those that have already increased four or five times. It doesn't seem like there's much potential."

"I'll tell you when we're going to run away. Don't be afraid, just keep going. Even if we lose 4000 million, I'm not worried about your boss."

Cheng Linfeng just felt that his boss was getting a little too arrogant. Oh well, with such achievements at such a young age, he was fawned over wherever he went. It was normal for him to be a little arrogant.

Since he said that if he loses 4000 million, it's his personal loss, what's there to be afraid of? Let's just do it and treat him like a mutual fund investor.

(End of this chapter)