2003: Starting with Foreign Trade

Chapter 645 May Day, New Project Plans.

Flashpoint Technology's first-quarter financial report was not released on April 28, but was delayed by one day.

Lin Yumin signed the document, but after hearing that Tan Jincheng was on his way back, he waited for a day.

As a seasoned professional, Lin Yumin is very familiar with workplace rules.

After returning to Beicang, Tan Jincheng saw the documents that Lin Yumin personally handed him and asked him to sign them again. He didn't say anything, just smiled, took the documents, signed them, and handed them back to him without even glancing at them.

A middle-aged sales clerk with no connections in Yicheng Petrochemical, driven by the need to make a living, decided to earn more money and by chance ended up working in the marketing department of a private company.

No one expected that a newly established private enterprise would grow into an industry leader and a behemoth in just a few years and successfully go public.

He himself also reaped substantial rewards from it.

The young boss was very trustworthy and fulfilled all his promises during the company's listing process. The entire management team that initially followed him at FlashTech received equity rewards ranging from 50 to 300 million yuan, depending on their level.

As the CEO of Flashpoint Technology, Lin Yumin holds the highest rank within the company and is entitled to the highest level of equity incentives, namely 300 million shares.

His life also underwent a tremendous change when he was 38 years old. Based on the current stock price, the value of his FlashTech shares has reached 5000 million yuan.

A middle-aged man who was struggling financially a few years ago has suddenly become a multi-millionaire.

Although it's not yet the lifting of the ban, the boss said that it's perfectly fine to pledge the money and cash out a few million to spend, make some real estate investments, and enjoy life.

Yes, why not enjoy it?

In terms of his career, Lin Yumin, as the highest executive of Flashpoint Technology, has reached the limit of advancement. It's not that other companies have tried to poach him, but can they offer the same status and treatment as Flashpoint?

As for starting his own business, Lin Yumin, who is already 39 years old, has given up on that idea.

He really doesn't have much ambition. Now that he has money and power, all he needs to do is raise his child well. If he wants to start a business in the future, we can provide him with resources and connections.

If you don't have any major ambitions, work arrangements can be made. The boss is still so young; who knows, he might even be able to find a position for you to take over at Flash.

The first quarter report was released after the market closed on April 29. Today, FlashTech's stock price continued to hit its highest level since the resumption of trading, reaching a new high of 16.61 yuan, and finally closed at 16.50 yuan.

FlashTech, which has completed its correction, continues to reach new highs. With a more than threefold increase, it remains one of the best-performing stocks this year. Today's closing price of 16.50 yuan is also the highest closing price since trading resumed.

From a technical perspective, FlashTech experienced two major surges after resuming trading. Although there were some fluctuations and adjustments in between, the overall stock price trend was very strong, and the soaring candlestick chart was truly enviable.

“The trading volume has increased significantly in the past few days. Our financial reports are really no secret to institutional investors.”

"That's right, but there's nothing we can do about it. Boss, try to think positively. It's a good thing that institutions are helping us boost the stock price. After all, we're a listed company, and who doesn't want their stock price to rise?"

Cheng Linfeng smiled and comforted him.

He suffered a lot of humiliation in Shandong. Not only did he fail to reach any agreements, but he also almost got drunk.

The boss raised his paddle a second time, and the other party became completely obedient. Everything became easier to discuss, they stopped offering drinks, and the talks became much more honest.

When he was a fund manager, Cheng Linfeng was quite used to such feasting and drinking. However, since joining ByteDance and getting used to the boss's work style, he has lost interest in such feasting and drinking.

The financial market environment is very complex. In fact, no industry that involves a large amount of capital can be said to be clean. Cheng Linfeng is not unaware of this.

But who wouldn't yearn for an easy, clean, and profitable industry? After joining ByteDance, Cheng Linfeng didn't have so much backstabbing and only needed to report to the boss.

The company has plenty of funds in its accounts, so I can easily complete my work.

The relaxed work environment and normal work rhythm made Cheng Linfeng feel that his energy and spirit had improved a lot, and the pressure had also been reduced.

"Forget it, you're right, let them do whatever they want."

Having been exploited in his past life, and having been ruthlessly fleeced by Zhong Guoping, Boss Tan harbors some resentment towards such behavior, but it seems there's no good solution for him at the moment.

We should even thank them for carrying our sedan chair; alas, when you're in the world, you're not in control of your own destiny.

"During the May Day holiday, we might have to go to Dandong again, so we might not have time to take a vacation."

There's no longer a seven-day holiday for May Day. It's supposed to be three days, but in reality, it's only a one-day break. This year is actually not bad, though, since the three days fall on the weekend and there's no need for make-up days.

"It's alright. If we can finalize the signing as soon as possible, we can also complete the handover of Huanghai Automobile as soon as possible. Who knows, we might even make some money this year."

Although Huanghai Automobile is a subsidiary of Shuguang Automobile, its business accounts for a small proportion of its business, so the sale does not require a general meeting of shareholders; the board of directors' approval is sufficient.

There shouldn't be much of a problem with the China Securities Regulatory Commission approving it.

The controlling shareholder of Weilai Auto is ByteDance, and Cheng Linfeng, who has shares in ByteDance, is not wrong to say that, after all, he is a small boss.

As for the other shareholder, Huang Ming, he has been abroad recently.

Tan Jincheng told him to go abroad to investigate lithium mining stocks and resources. He had done almost everything he could in the initial stage of the automotive industry layout. If he had extra money this year, he could try to buy some overseas lithium mines or stocks of companies that owned lithium mines.

Having lived abroad before, Huang Ming, though not previously working in this field, was the only one who could take charge of this. There was no other way; others didn't know as much as he did, and besides, it was Huang Ming's responsibility, so he had to bite the bullet and do it.

Following the financial crisis in Europe and the United States, asset prices abroad have fallen considerably, but in terms of the economic situation, they should become even cheaper in the future.

Most of the lithium and other resources are located in the Americas and South America. The US, which has lost a lot of money, will definitely try to harvest resources from all over the world. There is no doubt about this, nor is there any doubt about whether the US has the ability to do so.

What Tan Jincheng needs to do is start preparing now, work hard to earn money, and then make a purchase when he thinks the time is right.

"Judging from Flash Technology's performance, it will at least surge tomorrow. Coincidentally, Shuguang Auto will also resume trading tomorrow, and the boss's net worth will increase significantly."

Wang Chu's highly controversial research report caused quite a stir, with the two sides on the internet debating endlessly. In addition, as Ying Jianren had predicted, the concept stock of Weilai Automobile had already been mentioned.

Hype about concepts has always been a tradition in the A-share market. With the continuous exposure of information online, countless concept stocks of all kinds are rampant in the A-share market.

As more and more revelations surfaced online, the amount of money purchased by Weilai Automobile also sparked huge controversy, with all sorts of opinions being expressed.

Regardless of the circumstances, even if the purchases are made in batches, such a large quantity is very beneficial to the business of the relevant parts companies. Whether Yuechi can be sold or not is not a concern of the market.

All they need to do is hype up earnings expectations.

As the most core stock among the Weilai Auto concept stocks, in which Tan Jincheng directly holds shares, the performance of Shuguang Auto will inevitably become a benchmark for the secondary market. Its performance after trading resumes tomorrow will determine whether this concept can be hyped up.

If you really look closely, the online comments these past few days have actually been fueled by securities firms and institutions.

After Wang Chu released his research report, a certain securities firm raised its expected stock price for Shuguang Auto. We don't know what Wang Chu was thinking, but it's impossible to say that it had nothing to do with them.

Thursday, March 4th.

The last trading day before the holiday for A-shares.

Due to the holiday, trading in most A-shares was generally slow, and the index performance was unremarkable, except for the two stocks related to Tan Jincheng.

FlashTech, whose Q1 report was delayed, had a mediocre opening performance, but its abnormal performance during the pre-market auction was quite obvious. Meanwhile, the performance of another company, Shuguang Auto, which just resumed trading today, was even more pronounced.

Shuguang Auto opened higher and saw a surge in trading volume during the pre-market auction. After the opening, the stock price quickly rose, with both volume and price increasing. Within 15 minutes of the opening, Shuguang Auto's stock price had risen by more than 3%.

FlashTech, whose gains were kept below 2% in the first hour of trading, also showed unusual activity at 10:30 AM. At the same time, Shuguang Auto also rose rapidly after adjusting for half an hour.

The two stocks seemed to move in tandem at this moment.

"Breaking 17 today should be no problem, thanks to Boss Tan, I didn't even expect to break even."

In the VIP room, shareholder Xiao Zhang was overjoyed. At this time, the stock price of FlashTech had risen rapidly to 16.83 yuan, and the increase continued. After trading for half a year and several times, he still had 20,000 shares, but his cost had dropped to below 10 yuan.

As for his good friend, stock investor Lao Li, he was also all smiles. FlashTech stock almost recovered most of his losses from 2008.

"17 should be fine. Have you bought Shuguang Auto yet?"

"We bought some, but the cost was a bit high."

They dare not go all in now, but how can full-time stock traders control themselves? Shuguang Auto, which has resumed trading, has become their first target, just hoping to get a limit up.

"As long as it makes money, that's fine. Even if the costs are a bit high, it's okay. The stocks that Boss Tan has his eye on shouldn't be too bad."

Having tasted the sweetness of success, they have long forgotten the jokes made last year about Tan Jincheng being trapped.

Both stocks rose at the same time, but Shuguang Auto, with its larger trading volume, clearly had an advantage. As expected, Shuguang Auto closed at its daily limit at midday, with the stock price closing at 8.77 yuan.

FlashTech also performed well, closing at 17.55 yuan at midday, up 6.36%.

Although the price limit for Shuguang Auto was broken in the afternoon, it eventually closed at the limit price again, with the total trading volume surging to 2.6 million yuan.

FlashTech's stock price surged in the afternoon before retreating, recovering to 17.39 yuan after hitting a high of 17.80 yuan, a gain of 5.39%, with trading volume exceeding 1 million shares.

"Congratulations, boss! Both stocks have surged."

While starting the car, Lai Yiu-fai chuckled and complimented Tan Kam-ching, saying that the rise in the two stocks today had brought Tan Kam-ching a profit of approximately 2.3 million yuan.

With just the market value of these two stocks, Tan Jincheng's net worth exceeds 45 billion yuan.

Including Orange Technology, whose stock price hit a record high of $15.27 and whose market value reached 93.45 billion yuan, the total market value of the stocks held by Tan Jincheng and his family exceeds 75 billion yuan.

In just six months, with the stock market recovery, Mr. Tan's net worth skyrocketed, demonstrating the significant impact of listed companies on his wealth.

Without going public, things wouldn't have changed so quickly.

Tan Jincheng smiled and said, "Brother Li, when did you learn to flatter people? Let's go to the district government; they'll be off work soon."

There's something I need to discuss at the district level.

(End of this chapter)