2003: Starting with Foreign Trade

Chapter 643 A well-crafted boast is marketing.
Unbeknownst to Wang Chu, the CEO of BYD, the company he used as a benchmark in his research report, was staring at the financial report in his hand with a puzzled expression.

Pony Ma of Tencent shared the same expression as him, but compared to Wang Jianlin, Pony Ma's puzzled expression carried a hint of understanding.

According to data provided by the Hong Kong Stock Exchange, an investment institution called Xiangjiang Jinqing Investment Co., Ltd., which was established just last year, purchased a large number of shares of their company in the fourth quarter of 2008 and appeared on the list of new major shareholders.

In its first-quarter report this year, the investment firm did not make any moves or transactions.

"Jinqing Investment Co., Ltd.? Could this be Xiaotanlong's company?"

The name puzzled Mr. Wang. Since he couldn't think of any other information, he could only make some judgments based on the name, except that the establishment time was exactly the same as the time when Tan Jincheng went to Hong Kong last year.

Goodness, they bought 1249.71 million shares, accounting for 0.61% of the total share capital. That's ruthless.

At the time, BYD's stock price was below HK$10. According to the company's staff, the investment institution's cost should be between HK$9 and HK$10, not exceeding HK$10. Now it seems to have doubled.

Ma said with a laugh in his office, "It's definitely that kid, that scoundrel. He happened to be in Hong Kong those few days, and I was thinking of having him come over for a get-together when he crosses the border."

As for Mr. Wang, Brother Ma had a clearer understanding of Tan Jincheng's whereabouts during that period last year. In addition, the two sides had a relatively deep cooperation and shared some resources and information.

Many of the companies whose legal representatives are Tan Jincheng, Gu Qingqing, or their parents begin with the character "Jin".

At that time, Cheng Linfeng, the person in charge of secondary market investment at ByteDance, disappeared from the media spotlight for more than a month. Information obtained afterward revealed that he had gone to Hong Kong to short US stocks.

ByteDance's engine made a fortune as a result, shorting US stocks and then going long. In terms of both capital and motivation, it was undoubtedly Tan Jincheng.

Compared to BYD, Jinqing Investment made a larger purchase of Tencent shares, acquiring a total of 851.57 million shares, representing 0.474% of the total share capital. However, considering the timing of its entry, the overall return was only around 50%, which is less than the doubled return of BYD.

Little Ma's intuition was correct. Jinqing Investment Co., Ltd. was the business of Tan Jincheng and Gu Qingqing. When they shorted the stock, they left some funds in Hong Kong, mainly for investment purposes.

Aside from BYD and Tencent, Tan Jincheng can't remember many other Hong Kong stocks. The only one left is Shenzhou International, which is in the same district. Shenzhou International's stock price is very cheap now, and it has been hovering around one Hong Kong dollar for a long time.

Jinqing Investment bought 7438.12 million shares in one go, bringing its total shareholding to 4.94%, which caused quite a stir in the Beicang District.

Shenzhou, which had just gone public not long ago, was not yet the company known as the Foxconn of the textile industry. Even Jack Ma was a little puzzled as to why an investment institution would buy so many of their company's shares all at once.

Mr. Ma had his suspicions that the investment firm, Jinqing Investment Co., Ltd., was owned by Tan Jincheng, but he didn't feel comfortable asking about it.

The Hong Kong Stock Exchange should have known about the information behind this investment institution, but it did not disclose it to them, so there is no need to investigate further. It is a good thing that an investment institution is willing to support the company's stock.

The three companies spent a total of 5.56 million yuan on the acquisition. BYD naturally benefited the most, Tencent did well, and Shenzhou Company did not lose money.

Two quarters later, the funds remaining in Hong Kong have yielded a return of 52.7% on stocks.

If you're talking about making or losing money, these days it's still Hong Kong stocks or US stocks that matter. A-shares are still a bit lacking. The dramatic rises and falls in overseas markets are indeed exciting.

Yongkang.

When Tan Jincheng woke up, it was already past eight in the morning. After a quick wash and breakfast, he began to process the work information on Dingding.

Network data is much better than before, and mobile phones are more intelligent, but it is still more convenient to use a computer for work. Dingding is still mainly used on the computer version, and Tan Jincheng also takes his laptop with him when he goes on business trips.

The contract matters that Weilai Auto needs to handle are basically settled. As for the acquisition of Huanghai Auto, we still need to wait for the approval of the China Securities Regulatory Commission.

The most important thing right now is Flashpoint Technology's first-quarter report, which needs to be released before April 30th.

"I've reviewed the financial report, and there are no problems. I can't go back now, so please have Mr. Lin sign it on my behalf."

Time is tight. Today is the 27th, and there are only three and a half working days left until the 30th. Tan Jincheng is not sure when he can go back, so it is safer to have Lin Yumin sign on his behalf.

Ideally, it should be released before the 28th. Flashpoint Technology's first-quarter financial report was quite good. Unlike last year's snow disaster, this year's snow disaster has increased people's demand for travel.

The massive monetary easing has undoubtedly increased people's desire to consume. If you buy a car, and I can't afford one, I can always buy a new electric car.

FlashTech sold a total of 37.26 two-wheeled electric vehicles in the first quarter, a year-on-year increase of 35.7%, which is much higher than its peers and maintains its leading position in the industry.

The lingering influence of the 08 Olympics continues to affect FlashTech. More than a decade from now, there may not be many people watching the Olympics anymore, and the influence of major sporting events like the Olympics and the World Cup is gradually declining.

However, during this period, the Olympics, the World Cup, and even a single sporting event have a significant impact and can maintain popularity for a long time.

Furthermore, the renewal of Jay Chou's contract has given FlashTech users a strong boost of confidence. For the next few years, FlashTech will maintain its core influence in terms of celebrity endorsements. The capital market's understanding of electric vehicles cannot solely rely on sales figures, which are influenced by various factors. Since FlashTech became the first company in the industry to use celebrity endorsements, these endorsements have been considered a core technology for electric vehicle sales.

In terms of celebrity endorsements, the capital market truly admires Tan Jincheng's foresight. The three endorsers, especially Jay Chou, were incredibly worthwhile. Other electric vehicle manufacturers spent a lot of money, but the results were only so-so.

In particular, there are frequent reports of brand ambassadors acting like divas and refusing to participate in promotional activities. This has never happened with Flash, and even someone as busy as Jay Chou would not dare to turn down any major events.

The only one who can rival the spokesperson for FlashChe is the superstar of Sunra. Others, let alone Jay Chou, even Chris Lee's influence can easily surpass that of all other company spokespeople.

The recent performance of FlashDrive Technology's stock price fully demonstrates the market's optimism about the company. After a period of strong adjustment and high-level fluctuation, FlashDrive Technology has steadily climbed back to its previous high of 16 yuan in the past few trading days.

FlashTech's stock closed at 16.19 yuan at midday today, up 1.25%, with a market capitalization of 82.57 billion yuan. It is expected to break through the 10 billion yuan mark.

I just don't know if we can make it through.

After finishing his business, it was already noon. Tan Jincheng called out to Li Yaohui, who was waiting in the outer room, "Let's go, Brother Li, let's go to Zhongtai for a free meal."

Lai Yiu-fai had been waiting in this suite since he woke up in the morning. While Tan Kam-ching was working, he sat there without saying a word, quietly reading a novel, waiting for his boss's summons at any time.

Lai Yiu-fai didn't mince words when it came to asking questions he should ask, but he kept quiet about questions he shouldn't ask. In short, Tan Kam-ching was quite satisfied with this driver-bodyguard.

When it comes to trusted confidants, Lai Yiu-fai would definitely be number one.

Lai Yiu-fai's idea was simple. He had limited education and by chance came to work as a driver for this small business owner. Although he didn't have much freedom in terms of time, his family's financial situation had greatly improved.

He owns a house and a car, his wife has a very easy job at the group headquarters, and his child can go to school with the boss's sister. He is living a very prosperous life.

As long as you do your job well, you'll never have to worry about being rich in this life. Only a fool would think of causing trouble.
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"Hey, isn't this the CEO with 300 billion?"

When Tan Jincheng entered Ying Jianren's office, Xie Hongjun was unexpectedly there as well. The two of them started teasing Tan Jincheng in a strange way as soon as they saw him.

"What 300 billion? Why is Brother Xie still here? Didn't you say you were going back today?"

Xie Hongjun said yesterday that he would go back after the contract was signed, but Tan Jincheng didn't expect that he hadn't left yet.

"Haha, you don't know yet? There's an analyst named Wang Chu who's been raving about you."

Ying Jianren laughed heartily. He had just seen the research report. Good heavens, it started with 300 billion. That's quite a boast. He couldn't even imagine it.

"Huh? What's going on?"

In the morning, Tan Jincheng was busy dealing with the backlog of work and didn't really notice anything about himself. What the heck was 300 billion?

"Here's the thing, around 10 a.m., an analyst from a certain securities firm specializing in the automotive industry wrote a research report for your company, Wei. We don't know where the data came from, but he said that your company could reach a scale of 300 billion by 2012."

Xie Hongjun explained with a smile that he stayed behind because he went to the second event with Ying Jianren last night. The two talked about real estate and wondered if they could partner up to acquire some land around Yongkang and build some houses. Ying Jianren was also happy to further deepen their cooperative relationship with Xie Hongjun.

Tan Jincheng didn't want to get involved in real estate, but others were very envious. Ying Jianren also wanted to get involved; he had connections in Yongkang, but he didn't have the money.

"What the hell? Wei Lai isn't a listed company, what kind of research report would he write? Is he crazy?"

“You’ll see when you come and take a look,” Ying Jianren said with a smile, pointing to the laptop on his desk.

This exaggerated research report spread quite quickly; within two hours, many people in the industry connected to the capital market had seen it, demonstrating its considerable influence.

Tan Jincheng was also curious, and after reading it, he couldn't help but laugh.

The data may be inaccurate, but it does seem a bit exaggerated at the moment. More importantly, this guy's strategy is correct; this is basically how Weilai plans to operate in the gasoline-powered vehicle market.

As for his statement in the research report that Weilai Auto is likely to be involved in new energy vehicles, this is probably just hype and contradicts Tan Jincheng's actual thoughts, but that's not important.

"Haha, great, I really thank him, but he's become famous now."

There's nothing wrong with bragging, but if you brag well, it's marketing, and successful marketing at that. Clearly, Wang Chu's act of bragging on behalf of Wei has been affirmed by Tan Jincheng. In any case, it has nothing to do with him; it's someone else who's bragging.

As for Wang Chu himself, he also benefited. If Weilai Auto had continued its series of actions by 2012, a valuation of 300 billion yuan would not have been impossible, and he would have gained immense prestige at that time.

(End of this chapter)