Black technology: a super empire spanning two worlds

Chapter 297 [To Make President Zhou Submit His Soul in Confident Acceptance]

After achieving an epic ten-day winning streak, Likang Technology failed to achieve an eleventh consecutive winning streak on Tuesday, signaling the end of the two-week-long frenzy in the market.

This morning's auction did not result in a limit-up opening, but instead opened at 27.27 yuan, a 29.00% increase, pushing the market capitalization to 126.8 billion yuan.

The stock opened at its daily limit, exactly 1 percentage point off. When the number of such stocks appeared, many funds involved in this round of speculative trading became wary.

In the A-share market, special stock price numbers such as pairs, triples, and straights are often top signals, or at least short-term top signals.

As expected, Likang Technology's opening price today was the highest price of the day. After opening, it quickly plummeted and fell back, dropping more than 20 points in just five or six seconds. This also dragged down the entire adult entertainment concept stocks. This time, the tide really receded, and there was no chance of a turnaround during the trading session.

Likang Technology formed a double top pattern and ultimately experienced a sharp drop with high volume. After the market closed, it formed its first negative candle, falling -2.03% to 20.71 yuan in after-hours trading, with a market value of 96.3 billion yuan and a total trading volume of 12.18 billion yuan.

Don't be fooled by the fact that it only fell by 2 points at the close. Today, it opened 29% higher. However, if you had bought Likang Technology during the morning auction, you would have suffered a huge loss of 24 points today. This large bearish candlestick is like a dark cloud hanging over the market.

However, Likang Technology is a stock listed on the Beijing Stock Exchange, which is basically inaccessible to retail investors. Retail investors who have the right to trade stocks listed on the Beijing Stock Exchange are all quite wealthy.

Today, there were also some people who risked everything to get in early and try to gamble on the expectation of a rebound tomorrow. There were also some people in the market who played the so-called "leading stock first negative line strategy", which is that after a leading stock in the market has been rising for a long time and the first negative line appears, there is an expectation of a rebound the next day.

Likang Technology has seen a surge in its stock price over the past two weeks, recording ten consecutive daily limit-up moves in eleven days. Starting from its initial limit-up price of 1.53 yuan, it has risen to a high of 27.27 yuan today, with a cumulative increase of an astonishing +1682.35%. It can be considered the fastest stock in the A-share market to achieve a tenfold increase after its initial limit-up move.

If we calculate from the historical low of 1.07 yuan two months ago, the cumulative increase over that period reached +2448.59%, which is more than 24 times the cumulative increase.

The best-performing stock in the A-share market this year is undoubtedly Likang Technology, listed on the Beijing Stock Exchange, with a cumulative increase of 24 times, a figure unmatched in the entire market.

The surge in Likang Technology's stock price reminded countless investors of Lingjing Technology in 2022, suggesting that only the "Linghuang" of that year could keep it in check.

At the time, Lingjing Technology's stock price soared to the point where the entire market questioned its existence. There were even rumors that it would be forcibly delisted, causing the stock price to plummet to less than 5 cents per share.

Today, Lingjing Technology's market value has reached 20 trillion yuan. Almost no one who participated back then could have imagined that Lingjing Technology would reach such a high market value of 20 trillion yuan today. It has not only become the A-share market capitalization leader, but has also won the title of the world's most valuable stock several times.

Incidentally, during this period when Likang Technology's stock price surged, Lingjing Technology also rose for two weeks, from around 230 yuan, the lower edge of its trading range, to 275 yuan, with its market capitalization climbing to 23.87 trillion yuan.

It has once again reached the upper boundary of the trading range, very close to the historical high of 277.19 yuan.

Lingjing Technology's recent surge has accumulated a gain of nearly 20%, which is roughly equivalent to a 20cm daily limit up.

The increase certainly can't compare to Likang Technology's 16.8 times, but Lingjing Technology's size is undeniable. With a 20% increase, its market value soared to 3.9 trillion.

Likang Technology's stock price has increased more than tenfold, but even based on its historical high of 27.27 yuan, its market value is only around 126 billion yuan.

A one percent fluctuation in Lingjing Technology's stock price translates to a market capitalization increase or decrease of over 200 billion yuan. Even a 0.1 percent fluctuation would still result in a market capitalization increase or decrease of over 2000 billion yuan, which is more than the current total market capitalization of Likang Technology.

Today, Lingjing Technology is no longer a small-cap growth stock; it is a super behemoth with a market capitalization of 20 trillion yuan. It is no longer possible for it to experience the kind of tenfold surge seen in the past, or like Likang Technology today.

Even getting a 20cm limit-up now is quite difficult, given its size.

Even if Likang Technology's market value increases more than 10 times, it will only be a little over 10 billion yuan. But if Lingjing Technology's market value increases tenfold, it would be more than 200 trillion yuan, which is obviously impossible.

……

It's almost the end of July.

Zhou Chengyang came to Linzhou City for the second time. This time, he also brought a brand new product that Likang Technology was secretly developing. It was a high-end sex doll that had not been released to the public. He brought it to show the humanoid robot department developers at Lingjing Technology.

Xiao Yu is also in the humanoid robot department of Lingjing Technology today.

During this period, Xiao Yu had the company's humanoid robot department specially manufacture a sample of a sex toy.

At this moment, Lin Baiyu, the head of the department, looked at the incredibly realistic sex doll in front of him and couldn't help but say, "Brother Xiao, won't this damage President Zhou's confidence? Don't let him lose his self-confidence..."

Xiao Yu crossed his arms and looked at the extremely beautiful lifelike doll, laughing, "He's also a tech guy. He says he'll hand over his soul to Lingjing Technology, but he might not really be convinced. The point of this is to make him completely convinced and hand over his soul. This is crucial for our future cooperation."

Lin Baiyu nodded: "That's true."

Just then, someone from the department came up to them and reported, "Mr. Xiao, Mr. Zhou from Likang Technology is coming over soon."

Upon hearing this, Lin Baiyu immediately instructed, "Cover this doll up for now and bring him over here." Two employees quickly found a cloth and completely covered the sex doll. Xiao Yu, standing nearby, said with interest, "I wonder what the secret product that President Zhou mentioned, which has been under development for so long, is like."

After waiting for a while, Zhou Chengyang and the others arrived at the research and development room, along with two other people carrying a cardboard box that was about two meters long.

As soon as Xiao Yu entered the research and development room, Zhou Chengyang was stunned for a moment when he saw him. After a moment, he quickly took small steps to greet him: "Mr. Xiao, it's a pleasure to meet you. I really didn't expect to see you here."

Zhou Chengyang came up to him and took the initiative to extend his hands. Xiao Yu also gladly extended his right hand to shake hands with him politely.

The fact that the two shook hands, one with one hand and the other with both, clearly illustrates who was in control.

After a brief handshake, Xiao Yu smiled and said, "I heard that President Zhou brought a secret product that Likang Technology is developing, so I was curious and came to take a look."

Upon hearing this, General Manager Zhou quickly replied, "That would be wonderful, I would be honored. Today I will make a fool of myself before General Manager Xiao."

That's what they say, but Zhou Chengyang is quite confident. Over the years, Likang Technology, which he has been in charge of, has invested so much money in research and development, and has achieved quite a few results.

Xiao Yu and Lin Baiyu exchanged a glance, smiled, and said nothing. President Zhou immediately instructed his subordinates who had come with him to open the cardboard box, inside which was a sex doll.

After tearing open the inner transparent packaging bag, two people lifted out the lifelike doll and made it stand up.

This lifelike sex doll from Likang Technology is dressed in a cool summer outfit. The texture of its bionic skin is quite good. As a man-made product, its body proportions are naturally excellent, and its appearance is also very attractive.

"It looks quite heavy, how much does it weigh?" Xiao Yu couldn't help but ask curiously. At this moment, several technical developers from that department of Lingjing Technology also came forward to take a look.

Zhou Chengyang replied, "It weighs 275 jin (187.5 catties)."

Upon hearing the number, Lin Baiyu remarked, "It's a bit heavy; it'll be difficult to work with this."

"Ha ha!"

Upon hearing this, the onlookers burst into laughter. Zhou Chengyang also smiled and said, "It is a bit heavy, but we have made great progress in terms of weight reduction."

Xiao Yu nodded without saying anything, while Zhou Chengyang immediately launched into a detailed introduction to the lifelike doll. He said, "The biggest technological highlight of this product is the freedom of joint movement, including the shoulder joint, upper arm joint, elbow joint, hip joint, leg joint, knee joint, and so on."

Zhou Chengyang said with considerable pride, "The human body's main joints have only 64 degrees of freedom, and our product has achieved 62 degrees of freedom, which is basically equivalent to the human body's main joints."

It is worth mentioning that, taking into account more details such as the spine and exposed bones, the number of human joints is far more than 64, but 244.

Zhou Chengyang continued, "This rich range of joint freedom allows this lifelike doll to perform more complex tasks, such as catching eggs and opening bottle caps. Of course, this product cannot open bottle caps on its own; the AI ​​aspect of the software is our weakness."

To put it bluntly, the lifelike doll produced by Likang Technology lacks soul; it only shows good progress at the hardware level.

Xiao Yu nodded and commented, "To be able to do this is already very impressive."

Frankly speaking, Xiao Yu was a little surprised. There are now one or two hundred robot companies emerging in China, and the number is increasing rapidly. Some of these companies specialize in humanoid robots and have greater financial strength and scale than Likang Technology, but their products are not as good as Likang Technology's.

Xiao Yu said, "I really didn't expect that a company that makes sex toys could develop humanoid robots to this extent. It's truly surprising."

Lin Baiyu laughed and said, "It's really not simple. This is enough to put more than 90% of the industry's competitors ahead of us."

However, it depends on who you're comparing it to.

Compared to other companies in the industry, Likang Technology's product is amazing, but compared to Lingjing Technology's humanoid robot division, there is a gap, and a very, very large gap.

Hearing their comments, Mr. Zhou was pleased and added, "Personally, I think the hardware cost of robots is currently controllable. The key factor limiting the development of the humanoid robot industry is that robot AI has not yet reached a critical point; it is still in a plateau phase."

Zhou Chengyang paused for a moment and added, "If there is a company that can develop a strong general-purpose AI, Likang Technology can easily produce 20 humanoid robot products a year without any problem. The hardware part is relatively easy to solve. The real difficulty at present is that the large-scale model of highly intelligent general-purpose AI has not been developed."

Zhou Chengyang turned to Xiao Yu and smiled, saying, "In the field of AI, only Lingjing Technology is the strongest in the whole country. If Lingjing Technology can't make general-purpose AI, I don't think any other company can."

As soon as he finished speaking, Xiao Yu calmly said, "There's no problem with AI. Lingjing Technology has already made groundbreaking progress, it's just that it hasn't been released yet."

……

(End of this chapter)