Reborn since 1993

Chapter 751: Hugging is addictive
"Chuanrong Electronics has risen again, and I have made my money back!"

"Did Jin Shengmao get another big order from Dongling Hi-Tech?"

"If the price keeps rising, Jin Shengmao will become the richest man in Sichuan!"

All kinds of noises reached the ears of Xu Jiangwei who was sitting in the trading hall, and he finally confirmed what had happened.

Sichuan Rong Electronics has hit the daily limit again. I don’t know how many times Sichuan Rong Electronics has hit the daily limit. Anyway, since it went public, it has been named as the representative company of Dongling Hi-Tech concept stocks, and its stock price has been rising like crazy!

The family of Jin Shengmao, the founder of the stock market, has become one of the top ten richest people in Sichuan, even though they have been cashing out and making a lot of money. The stock price has soared that analysts from various backgrounds cannot understand it, and it has also repeatedly defeated unconventional analysts like Xu Jiangwei.

It is really difficult to treat Chuanrong Electronics with common sense. All those kinds of analytical data and expectations are ineffective for it.

"You son of a bitch, you're really that good at sucking up to someone else?!"

Holding the thermos cup, Xu Jiangwei finally couldn't help but utter the famous Shuchuan saying. Looking at the electronic screen, Changhong continued to fall, and then looking at the dazzling red Sichuan Rong Electronics, at this moment, Xu Jiangwei finally had a feeling that he had to believe in it.

Even Xu Jiangwei suspected that if Chuanrong Electronics continued to grow at this rate, its market value would one day exceed that of Changhong, the largest taxpayer in Sichuan.

Although it seemed impossible, Xu Jiangwei was really panicked at the moment, because Sichuan Rong Electronics was so incredibly powerful that its stock price had never really fallen since it went public.

Every time when people thought its stock price was going to fall, within a few months, it would rely on Dongling Hi-Tech to get large orders, and the stock price would start to soar!
But in recent times, except for the release of the Shenzhou second-generation electronic dictionary by Dongling Hi-Tech after the beginning of the year, Xu Jiangwei has not heard that Dongling Hi-Tech has any new products.

As for the Shenzhou computer, there have been some reports about it in the media, but it has not yet been officially released. In addition, Xu Jiangwei has seen that not all media are touting Dongling Hi-Tech's computer project.

There are still many media outlets that are somewhat worried and believe that Dongling Hi-Tech may suffer a major setback, because this time Dongling Hi-Tech will be facing the world's top technology giants at home and abroad, and it is not so easy to break out of the siege.

But today, the share price of Chuanrong Electronics, a lackey of Dongling Hi-Tech, suddenly soared, causing Xu Jiangwei to wonder for a moment, could it be that Shenzhou Computer has been issued?

Just when Xu Jiangwei was puzzled, a well-informed person in the trading hall told him the information he had found out.

"The Central Media Finance Channel and Yanjing Business Daily just reported that Dongling Hi-Tech, together with Microsoft, the largest technology giant in America, has launched a new product, the Stargazing TV Recorder, overseas. I heard it's already selling like hotcakes!"

"Microsoft sent a team to visit China to solve the problem of Guanxing's production capacity. I heard that they will also come to Chuanrong Electronics for an inspection!"

When the news was heard, there was a chaos in the trading hall. Xu Jiangwei was not much better off. His mouth was so wide open that a duck egg could almost be stuffed in.

At this moment, Xu Jiangwei had a constipated look on his face. Who could have imagined that Dongling Hi-Tech did not launch its new products domestically, but actually went overseas.

Moreover, the new products are still selling well overseas. Is this fair? !

……

"Affected by the strong sales of Stargazing in America, as of today's closing of Nasdaq, the share price of Microsoft, Stargazing's investor and agent, has soared by 14.7%, with a market value exceeding 1720 billion US dollars, setting a record high since Microsoft went public!"

"In addition, the concept stocks related to stargazing, including the stargazing Internet promotion company, Himalaya Radio's parent company Feiyan Technology, as well as parts suppliers and retailers such as IBM, Best Buy, and Walmart, have all hit historic increases!"

"Bloomberg Businessweek, The Wall Street Journal and other media have estimated that the demand for the TV recorder market may reach more than three million units in the future, with an annual output value of more than two billion US dollars!"

"Affected by the hot sales of stargazing, today's A-share stocks of Linggao Technology concept stocks, including Chuanrong Electronics, Changshan Precision, and Kelian Shares, all ushered in a surge in daily limit prices.

Among them, Changshan Precision released an announcement, claiming that it had officially obtained the OEM contract for stargazing video recorders from Dongling Hi-Tech!
Some securities analysts claimed that this was Dongling Hi-Tech's preparation for Shenzhou Computer's production capacity, and that it would hand over part of the production capacity to other Dongling Hi-Tech-affiliated manufacturers!"

On TV, if you turn on any financial channel or stock and securities program, you will be flooded with programs about stargazing.

Duan Yongping, the head of BBK Electronics, was also watching the reports on TV. Not only him, but all his peers in the domestic electronics industry, including home appliance companies, were probably watching these reports.

I don’t know how other people felt when they saw these news on TV, but Duan Yongping felt at this moment as if there was a huge mountain in front of him and he couldn’t climb over it no matter how hard he tried!
And Dongling Hi-Tech is like a mountain for companies like BBK!
During this period, BBK and other companies were busy imitating the Shenzhou second-generation electronic dictionary and preparing to launch it to raise some money.

But in the end, before Shenzhou Second Generation Electronics and Cibi BBK and other companies could figure out what was going on, they suddenly heard that the products jointly developed by Dongling Hi-Tech and Microsoft were selling like hot cakes in America. Even Duan Yongping just called some friends in Hong Kong and learned that stargazing was much more popular in America than what was reported in the news!

I heard that many dealers in Hong Kong, Japan, Korea and other regions also want to take over the agency rights of the stargazing video recorders and introduce the machines to their local areas.

This made Duan Yongping feel powerless. BBK regarded Dongling Hi-Tech as its target and rival, but now, it has not been able to compete with Dongling Hi-Tech in China, while the rival has already opened up a new battlefield overseas!

To be honest, facing Dongling Hi-Tech, Boss Duan felt for the first time the helplessness he felt when facing overseas giants such as Toshiba, Sony and Sharp.

If we really want to comment on which domestic company can compete with overseas giants such as Toshiba, Sony, and Siemens, Duan Yongping can think of only one...

The news he read this time was not only about the popularity of stargazing in America, but what surprised Boss Duan even more was that famous giant companies such as Microsoft, IBM, Walmart, and Best Buy were actually trying to take advantage of the stargazing craze!

This is what Duan Yongping feels most terrified. In the past, it was domestic companies that tried every means to take advantage of the popularity of foreign companies, but Dongling Hi-Tech did the opposite.

If stargazing happens more often and many foreign companies see that there is meat to be gained by following Dongling Hi-Tech, what kind of scene would that be? Duan Yongping couldn't imagine it.

For an overseas company that wants to gain a foothold in America, the most important thing is not how much sales a product can achieve or how much money it can make in America.

This kind of one-time deal is difficult to sustain, and one day you might be ripped off by powerful people in America.

To truly gain a foothold in the local area, we must have strong allies in the local area and form a community of interests. Dongling Hi-Tech is doing this now.

Previously, when Doxin Semiconductor was raising funds, it attracted Walden International and Goldman Sachs. When Feiyan Technology was raising funds for its IPO, it attracted Sequoia Capital, Citi, Yahoo, and Netscape. Now, Guanxing has attracted Microsoft.

When no one noticed, Dongling Hi-Tech had already initially established an alliance of interests in America, with New York Congressman Johnny Reed as its endorser.

It is hard to say how much influence this interest alliance has now, but at least it guarantees that companies under Dongling Hi-Tech can be listed on the NASDAQ without obstruction, and the US dollars earned can be taken away from America!

After taking another look at the host and guests on the financial channel who were discussing stargazing enthusiastically, Duan Yongping shook his head and left.

He felt that if he continued to follow Dongling Hi-Tech, even the taillights of Dongling Hi-Tech would be left out of sight.

But what made him even more helpless was that in this world, if they didn't follow the path taken by Dongling Hi-Tech, what other paths could these domestic electronic technology companies take? !
……

"Microsoft Greater China Chairman Walter declared that Microsoft will continue to deepen its cooperation with Hanxi Dongling Hi-Tech.

Walter also claimed that Microsoft will fully cooperate with the upgrade of Microsoft system on MIPS architecture Tianji chip!
In the future, the Tianji chip may receive the same treatment as Intel, AMD and other chips within Microsoft, and become the first batch of chips to upgrade Microsoft's latest system!

According to overseas media reports, Ed Fleiss led the Microsoft visiting team, on behalf of the Microsoft Board of Directors and President Bill Gates, to visit Hanxi again. This is Ed Fleiss’ second visit to Hanxi in the first half of the year, and it is also the largest visit…”

"pat"

With the sound of the TV turning off, Boss Liu's office at the Lianxiang headquarters became silent. Several of Boss Liu's disciples, including Guo Wei, Yang Yuanqing, Liu Jun and others, all sat there in silence.

Laymen watch the excitement, experts watch the details. People outside the technology industry, or the computer industry, mostly watch the news for fun.

But for people in the computer industry, there is a sense of tension. Now the people in Boss Liu's office have seen a message from the news, that is, Microsoft has taken the initiative to lower its profile because of its hardware business and started to seek cooperation with Dongling Hi-Tech, exchanging software for Dongling Hi-Tech's hardware.

However, if you think about it, since the release of Stargazer, Microsoft's market value has increased from 150 billion US dollars to 172 billion US dollars, a full increase of 22 billion US dollars. In this case, if Microsoft still doesn't know what to do, Wall Street will start to teach Microsoft a lesson.

Those large institutions and pension funds on Wall Street that had previously rushed to buy Microsoft shares have made a fortune.

"Dongling Hi-Tech is really unlucky!"

Seeing that the atmosphere was a bit depressing, Boss Liu spoke first, with a hint of sarcasm in his words, and he did not seem to be worried about the pressure on Dongling Hi-Tech.

(End of this chapter)