I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 911: Not Bad Performance
Jiang Hao has studied the stock price of Kirin Battery in the past two days and found it somewhat unreasonable.
From his current perspective, Kirin Battery's market value is already high at over 250 billion.
But now it has reached 37 billion, and the price-earnings ratio is 40 times, which is about to approach times.
You have to know that this kind of P/E multiple is almost impossible for most stocks except for Internet technology stocks.
Especially since Kirin Battery is essentially a research and development-oriented industrial enterprise, a price-to-earnings ratio of 10-20 times is more reasonable.
Jiang Hao, a shareholder, also took a look and saw that they were all big capital companies.
There are both domestic and international capital, and there are many that Jiang Hao is familiar with, such as Goldman Sachs, BlackRock, etc.
Anyway, the majority of stock shares in the market are currently in the hands of these large institutions, and there are not many shares left for retail investors to hold.
Coupled with the fact that these institutions have not stopped buying shares, the rise in stock prices also looks unusually fierce.
In any case, the excellent performance in the stock market has attracted the attention of provincial leaders, which is a good thing.
The original "leader" plan seemed to have stopped after the Kirin battery was launched on the market. Now that the new generation of batteries have caused such a big fuss about being put into production, it can be regarded as a sign that everyone is paying attention to it again.
"Professor Chen, I didn't expect you to be free today."
Jiang Hao is currently in the office checking the share price of Kirin Battery. The share price is relatively stable today.
The trading volume is not large for now, but once the news about the new generation of batteries being officially put into production is reported, the stock price is expected to continue to rise.
In the domestic stock market, there is too much buying and selling when prices fall.
Jiang Hao himself has no idea how high the stock price of Kirin Battery will go.
Unlike the Hong Kong stock market, even if everyone in the market is equally blind, there is a bottom after all.
Whenever prices rise too much or fall too sharply, institutions will step in to cover the losses.
"Well, the new generation of batteries has just been put into production. I came to take a look. I hope it can meet the standards."
Seeing Professor Chen Jining sitting next to him, Jiang Hao put down his phone and started chatting with Professor Chen.
"Professor Jiang, I'm actually not sure either."
"I heard that all the equipment was replaced with domestic equipment this time, and it is a new generation of battery production. I don't know how big the performance gap will be with the laboratory."
“And a project like this is still being evaluated for three major awards. If the gap is huge, it would be a bit embarrassing.”
No wonder Professor Chen came here today. He was obviously only focused on laboratory research and development in the past. It turns out he was afraid of losing face!
As expected, the names of these three awards are different, and they are of great significance to domestic scientific researchers.
Even Professor Chen knew that since it was a project reported by the province, there would be no problem in winning the award.
But I hope it is a truly worthy award rather than an award with inflated statistics.
"Professor Chen, don't worry. Although the equipment has been replaced by a domestic manufacturer, I am confident."
"Now that the domestic manufacturing industry is so strong, these professional special equipment may not necessarily be worse than the original machinery."
“Even if there is a slight gap now, after some polishing, it will definitely be more efficient than the original machine.”
Jiang Hao is very optimistic about this. The country's industrial level is definitely among the best in the world, and it is also the country with the most complete industrial chain.
The initial imitation of this kind of key manufacturing equipment may not be better than the original, but as long as the investment continues, in a year or two, it will definitely be better than the original equipment.
It’s not a special equipment that cannot be imported with any advanced machinery. The old equipment production lines are still in use. Jiang Hao is not worried about these at all.
Following the arrival of Professor Chen, everyone soon arrived one after another.
Andy Lau picked up people one by one and brought them to the lounge.
A total of seven or eight leading cadres came, including Secretary You, Uncle Ren, Director Zhou, etc.
At the same time, there was another group of people on the side, and Liu Qingyun was introducing them to Jiang Hao.
"Boss Jiang, this is Boss Fu from Jiangnan Mechanical and Electrical Group. The new equipment for our factory was provided by Boss Fu's company."
...
"Mr. Fu, this is Mr. Jiang..."
...
"Boss Liu, you don't need to introduce me. How could I not know Boss Jiang?"
Mr. Fu is not young, he looks to be close to sixty years old, he is wearing an old-fashioned suit and a red bow tie.
At this moment, he shook hands with Jiang Hao with enthusiasm.
"Mr. Jiang, I have long admired your name!"
Behind Mr. Fu were several men in their thirties and forties, all wearing blue uniforms with the logo of the mechanical and electrical company on them.
It seems that he is a specialized engineer who was brought here together.
At this moment, Professor Chen stood up when he heard that it was the equipment manufacturer and started asking questions to Mr. Fu.
"Mr. Fu, how big is the difference between your equipment and the original one?"
The leaders were all here and were originally taking a short break, but when they heard Professor Chen asking about the production equipment, they couldn't help but look over.
They all looked expectant, wanting to know about the new equipment.
"Well... this... Xiao Xu, you made the equipment. Can you tell President Jiang and the other leaders about it?"
Jiang Hao couldn't help but frown when he saw this, even though he knew that Mr. Fu was in a high position and wouldn't pay attention to the specific work.
But it doesn’t seem like you have no idea about the performance of the new equipment, right?
I'm just asking about the performance gap, which is the most basic conclusion. It should be included in the company's internal reports, right?
"Boss Jiang, Secretary You, this is Xu Gong from Jiangnan Electromechanical. He is a veteran engineer with great abilities."
"We asked Xugong to come here today because we thought that if the equipment doesn't run smoothly, they can be directly responsible for maintenance."
Xu Gong behind him was quite calm at the moment and did not show any stage fright.
He took a few steps forward and came in front of Jiang Hao and Professor Chen.
"Mr. Jiang, this leader, I am responsible for the development of new equipment."
“The internal structure is not 100% the same, but the functions are absolutely the same.”
"In terms of efficiency, based on my personal test data, it should be the same."
"Even if we put it on the production line, I am confident that at most there will be a 1-2% difference when the equipment is just running."
So confident?
Jiang Hao didn't expect that Mr. Xu was so confident in his equipment!
Being able to say on the spot that the efficiency is no less than the original machine means that the actual test results may even be higher than the original.
It was just that there were many leaders present, so Mr. Xu did not say too much and left room for maneuver.
But even so, the efficiency of this new equipment as he described it had far exceeded Professor Chen's expectations, and he couldn't help but nod his head.
"Xugong, I don't need such high requirements as you do. It's enough if the efficiency can be guaranteed to be more than 95% of the original equipment."
The conversation between Professor Chen and Engineer Xu also attracted Secretary You's attention.
At this moment, I was asking Director Zhou about the Jiangnan Mechanical and Electrical Group, including the information about this Mr. Xu.
"Dear leaders, the production line has officially started production."
"How about we go visit the workshop first? We'll have production data soon."
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