Reborn since 1993

Chapter 1236 Fighting
Looking at him with suspicion from the people around him, Xu Jiangwei also showed an embarrassed expression.

Xu Jiangwei is somewhat of a fanatical convert.

Previously, he had a skeptical attitude towards Dongling High-Tech concept stocks, believing that stocks like Chuanrong Shares were speculative stocks that wouldn't last long!

However, after acquiring Jinyang Electronics, Xu Jiangwei inevitably began to study Dongling Hi-Tech.

After all, there's really nothing to research about Jinyang Electronics Company. Of course, this isn't Xu Jiangwei trying to belittle Jinyang Electronics.

Jinyang Electronics may seem insignificant within the Dongke Group, but its market value has exceeded 5 billion RMB, proving that it's not just relying on powerful backers.

Jinyang Electronics' main business is domestic power modules. It has now become the largest power module manufacturer in China. It not only sells to Dongling High-Tech, but also purchases from well-known domestic electronics, electrical appliances and home appliance manufacturers, including Lianxiang, Changhong and Haier.

The reason these companies also purchase from Jinyang Electronics is not because of any personal relationship, but mainly because Jinyang Electronics' power modules, although in the so-called high-end market, are not as good as Japanese or German products.

In reality, power modules are known as the "grain" of the electronics industry. They are used in various sectors, including televisions, mobile phones, computers, refrigerators, medical equipment, automobiles, and even the military.

In these consumer product sectors, Jinyang Electronics has caught up with Japanese products in terms of technology.

For products of the same level, Jinyang Electronics' prices are only about 65% of those of Japanese benzene products and one-third of those of German products, and this is without Jinyang Electronics engaging in a price war.

It is clearly visible that Jinyang Electronics' future revenue may see explosive growth, especially as orders from non-Dongling Hi-Tech companies are increasing.

However, in the short term, Jinyang Electronics' performance is still basically dependent on Dongling High-Tech, which alone provides more than 70% of Jinyang Electronics' orders.

Therefore, Xu Jiangwei had no choice but to study Dongling High-Tech, and the more he studied it, the less he felt he could "understand" Dongling High-Tech.

In fact, Dongling Hi-Tech's growth path is completely unconventional and difficult to summarize using common sense. There is no so-called Dongling Hi-Tech template in China that can be used as a reference.

Because Dongling Hi-Tech doesn't just follow in someone else's footsteps, but leads the trend. Instead, a whole bunch of companies are just following in Dongling Hi-Tech's footsteps and picking up scraps.

If we really want to make a comparison, Dongling Hi-Tech is actually similar to companies like Microsoft, Cisco, and Sony, which each created an era. They have some similarities, not because they did the same things, but because they all led the trend!
This makes the future of Dongling Hi-Tech uncertain. Xu Jiangwei himself can't see through it. It's possible that Dongling Hi-Tech will suddenly stumble, or it's possible that Dongling Hi-Tech will become a giant like Microsoft and Sony!
After studying Dongling High-Tech, Xu Jiangwei had a vague feeling that Dongling High-Tech was betting on the latter. If it could bet on a giant company like Microsoft or Sony, even if it only got some scraps from the periphery of that giant company, it could still get huge returns.

"I think I'll wait a little longer!"

Xu Jiangwei decided against selling his Jinyang Electronics shares. He then reminded the people around him, "If you sell these Dongling High-Tech concept stocks now, you probably won't be able to buy them back at this price!"

The news that Dongling High-Tech was going to build an automobile production base suddenly became a hot topic.

This has led to rumors that Dongling High-Tech's car manufacturing venture may fail, since China currently has little advantage in the automotive industry.

The reputations of giants like Volkswagen, Toyota, Honda, Mitsubishi, GM, BMW, Audi, Kia, and Hyundai are so renowned that countless people in inland China feel they cannot compete with them.

If Dongling High-Tech were to follow the example of companies like Shanghai Automotive and Guangdong Automotive, and first cooperate with foreign brands, introduce foreign brands and technologies, and start as an OEM manufacturer, then perhaps more people would be optimistic about Dongling High-Tech's car manufacturing prospects.

However, there is no word yet that Dongling High-Tech is going to make joint venture cars. Moreover, given Dongling High-Tech's unique style, it doesn't seem like it would be subordinate to foreign car brands. Therefore, it is highly likely that it will go it alone.

If Dongling High-Tech goes it alone, can it compete with the automotive giants? At least right now, there aren't many people who are truly optimistic about Dongling High-Tech!

As rumors of Dongling High-Tech's involvement in car manufacturing intensified, many small investors and retail investors in Dongling High-Tech concept stocks began to cash out and run away, preparing to "wait and see" first.

……

"Another 825 million yuan worth of Sichuan Rong shares were purchased!"

"Kelian Technology acquired 1.1 shares!"

"Jinyang Electronics acquired 13 shares!"

Inside Nanguo Investment Securities, a series of messages reached the ears of Zhang Rong, the general manager of Nanguo Investment.

These investments, however, did not bring a smile to Zhang Rong's face; instead, his brows furrowed.

Nanguo Investment is a securities giant that has emerged in the inland areas in recent years. Because it is located in Guangdong Province, it is natural that it has become the largest securities company recommended for listing on the Shenzhen Stock Exchange, and has undertaken the stock issuance of many companies.

In just six years, Nanguo Investment has become one of the three largest securities companies in China in terms of trading volume. Since the beginning of the year, after Gao Sheng took over as general manager of Nanguo Investment, Zhang Rong has taken over the position of general manager of Nanguo Investment.

Zhang Rong's style of doing things is very decisive and aggressive, known for its bold and decisive approach, and he is very good at large-scale trading.

Currently, the main players in the A-share market are securities companies and trusts, along with insurance companies and funds. So-called speculative capital has not yet emerged.

Currently, the mainstream in the A-share market is that securities companies, trust companies, and others are waging war against retail investors, reaping huge profits from them.

These securities giants now make money from their main business, which is allowing them to trade stocks themselves, and that is also the most profitable business for securities companies.

In addition, there is asset management business, which is to help clients manage their money. However, this money management is not like the money deposited in the bank to earn the difference in interest rates in later generations. Instead, the securities company uses the clients' money to speculate on stocks!

Therefore, securities companies nowadays are very powerful and are the main players in the stock market. However, while this approach can be profitable, if it goes wrong and they lose money, it can easily drag the securities company down with them!
This time, Zhang Rong has his eye on Dongling High-Tech concept stocks. Nanguo Investment has been researching Dongling High-Tech concept stocks for a long time, but has not had a suitable opportunity to intervene.

After all, there are just too many people in the A-share market who are optimistic about Dongling High-Tech concept stocks, and major institutions are holding onto Dongling High-Tech concept stocks and refusing to let go.

This time, Nanguo Investment also learned of the rumors that Dongling High-Tech had placed orders for new components with its suppliers. Nanguo Investment had anticipated that Dongling High-Tech was about to release new products.

Therefore, Zhang Rong directly started to set up a scheme, preparing to fabricate rumors that Dongling High-Tech's car manufacturing was risky, scaring away retail investors from Dongling High-Tech concept stocks such as Jinyang Electronics, and then taking advantage of the situation to buy in, and then raising the price to sell when Dongling High-Tech's new products were released!
The plan is excellent, and the rumors that Dongling High-Tech is going to manufacture cars have indeed caused quite a stir.

Zhang Rong, who had prepared over 1 billion RMB in cash to buy up shares of Dongling Hi-Tech, found that stocks like Chuanrong Shares remained locked at their daily limit. The anticipated sharp drop in Dongling Hi-Tech concept stocks never materialized, and the shares that had been painstakingly sold off were now being snapped up by Nanguo Investment.

"Mr. Zhang, there are very few Dongling High-Tech concept stocks available on the market right now, and there are even people competing with us for them!"

The head of Nanguo Investment, who was in charge of the operation, said to Zhang Rong with a worried look on his face that after taking office, Zhang Rong wanted to do something big to prove his ability to everyone in Nanguo Investment and its major shareholders. Everyone knew that.

Right now, Nanguo Investment has prepared money, but it can't spend it and can't buy enough Dongling High-Tech concept stocks. This situation of having money but not being able to buy anything makes the manager feel very strange.

"Jun'an, Wanguo, Huaxia, Guotai..."

Zhang Rong rattled off the names of securities and trust companies one by one, then slammed his fist on the table.

In this scenario, it's clear that the companies vying for shares with Nanguo Investment are these very securities firms. Obviously, these securities institutions are thinking the same thing as Nanguo Investment: to scare away retail investors and grab the shares themselves.

"We'll acquire as many Dongling High-Tech concept stocks as we can!"

Zhang Rong could only say helplessly, "Now the arrow is on the bowstring and we have no choice but to release it. The momentum of the main A-share market grouping together Dongling High-Tech concept stocks has already appeared. How could Nanguo Investment miss this opportunity?"

……

"Dongling High-Tech's automobile production base should also be located in the Airport Economic Zone!"

"Shangguan District already has Torch Group, isn't it a waste to want a car production base as well?"

"Everyone should rely on their own abilities. Whoever can secure the Dongling High-Tech Automobile Production Base gets to keep it. Let's stop with this nonsense!"

Inside the conference room of the old Pingyang municipal government building, Liu Weiguang, the head of Pingyang, looked on with a headache as Ding Ming and Lu Shengxi were slamming their fists on the table, arguing heatedly with no regard for their image.

To outsiders, these two are both powerful figures in Pingyang: one is the head of the Shangguan Economic Development Zone, and the other is the district head of the Airport Economic Zone.

Also present were two officials from Pingyang's West District and East District, Gao Tianqing, director of the Pingyang Municipal Government and director of the Pingyang Administration for Industry and Commerce, Dai Wei, head of the Pingyang Police Station, and other municipal government officials.

At this moment, everyone was watching Ding Ming and Lu Shengxi talk animatedly, especially the two leaders from the East and West Districts, who were completely in a state of spectator mode.

There's no other reason; they also know that Dongling High-Tech's automobile production base could not possibly be located in the Xicheng or Dongcheng districts, because there simply isn't enough land available for Dongling High-Tech.

Today's meeting was already nearing its end, but a dispute suddenly broke out over the location of Dongling High-Tech's automobile production base.

As Pingyang's largest taxpayer and the engine of Pingyang's economy, the Pingyang Municipal Government naturally pays close attention to Dongling High-Tech.

The investors in the A-share market have no confidence in Dongling High-Tech, but Pingyang and even Hanxi are flocking to Dongling High-Tech's automobile production base, all wanting to bring this production base to their own jurisdiction.

Others can question Dongling High-Tech, but not the people of Pingyang. Anyone can bet that Dongling High-Tech will fail in its car manufacturing venture, but not the people of Pingyang!
In their struggle to secure the Dongling High-Tech Automobile Production Base, Shangguan District and the Airport Economic Zone were willing to risk a complete falling out. What Ding and Ming were vying for was whether Dongling High-Tech would succeed in manufacturing cars.

Liu Weiguang was having a headache. Ding Ming was a staunch representative of the local faction in Pingyang, and Lu Shengxi, like him, had been parachuted into Pingyang and was naturally on his side.

With the rapid economic development of Pingyang, the number of officials parachuted into Pingyang is naturally increasing. In the first half of this year alone, Dongling High-Tech paid more than 3 billion yuan in taxes to Pingyang!
It's important to understand that, according to current tax regulations, the majority of the taxes paid by Dongling High-Tech go to the tax authorities in Yanjing, followed by a portion from the provincial capital of Hanxi, with the remainder belonging to Pingyang.

Based on the taxes paid by Dongling Hi-Tech, it can be estimated from Pingyang that Dongling Hi-Tech's revenue has exploded this year!

When Liu Weiguang was parachuted into Pingyang last year, he happened to arrive just as Dongling High-Tech's revenue plummeted by 30%, which sent Pingyang's GDP plummeting and almost turned Liu Weiguang's hair white overnight.

This year, everything lost last year has come back. Pingyang's GDP performance this year alone has made up for the biggest shortcoming in Liu Weiguang's resume.

Originally, it was near the end of the year, a time when the Pingyang Municipal Government should have submitted various summary reports to higher authorities, and also a time for Liu Weiguang to make a name for himself. He was in a very good mood, but then this incident happened.

A loud "bang" was heard.

Liu Weiguang slammed his hand on the table with a cold face, "Look at the state you're in! If word gets out, people will laugh at you!"

Upon hearing Liu Weiguang's angry rebuke, Ding Ming and Lu Shengxi each turned their heads away.

Laugh at them?

Once they establish the Dongling High-Tech Automobile Production Base in their jurisdiction, who would dare to laugh at them? In fact, everyone in the jurisdiction would probably praise them to the skies.

Just look at the changes that Torch Group has brought to the Shangguan Economic Development Zone, and you'll understand the role of Dongling High-Tech's automobile production base.

"Dongling High-Tech's decision on where to locate its automobile production base is still undecided. What's the point of your infighting, other than benefiting other places?"

Liu Weiguang knew that the provincial capital of Hanxi, other cities in Hanxi, and even Beijing and Shanghai were all quite interested in this automobile production base.

"Pingyang should first work together to sign an agreement to locate the Dongling High-Tech Automobile Production Base in Pingyang, and then decide which district to locate it in!" Liu Weiguang finally decided.

……

"Jingle Bell!"

The phone rang again in Li Dongling's office at the headquarters of Dongling High-Tech. Hearing the phone ring, Li Dongling felt a chill run down his spine. His phone had been ringing off the hook for the past few days!

(End of this chapter)