Black technology: a super empire spanning two worlds

Chapter 314 [A New Trend?]

Zhao Mingjie did indeed make a fortune from Likang Technology stock. Today is Wednesday. On Monday, the day of the press conference, the moment Xiao Yu appeared, Likang Technology immediately reversed course and hit the daily limit.

The stock price surged to its daily limit on Tuesday after Monday's press conference, and it hit the daily limit again today.

Likang Technology's stock price has reached a new historical high of 77.62 yuan, and its total market value has soared to 360.93 billion yuan. It has hit the daily limit for six consecutive days. The second major upward wave started from 12.98 yuan and has accumulated an increase of +497.99%, which is close to five times.

If calculated from the historical low of 1.07 yuan, the cumulative increase has soared to +7154.20%, a surge of more than 71 times, making it the undisputed number one super bull stock in the A-share market in 2024.

Zhao Mingjie bought 20 yuan worth of shares at a price of 1.47 yuan and has held 13.6 shares ever since without selling a single one.

When Likang Technology's first consecutive limit-up main upward wave reached a double top of 27.27 yuan, Zhao Mingjie firmly held the stock without moving, and it continued to fall to 12.98 yuan. At that time, the cumulative drop from the high point was -52.40%, which was more than half of the previous value.

If Zhao Mingjie hadn't had a low enough cost basis and a substantial enough profit margin, he might not have been able to withstand it.

But in the end, they held on and didn't sell.

Today's limit-up move has boosted Zhao Mingjie's portfolio return to +5180.27%, with the portfolio value soaring from 20 yuan to 1055.63 million yuan, instantly elevating Zhao Mingjie's net worth into the multi-million yuan club.

Likang Technology's limit-up today represents a 30% increase, but for Zhao Mingjie's cost price of 1.47 yuan, this is an 11-fold increase in just one day.

If the stock price hits the daily limit again tomorrow, the net increase will be 23.29 yuan. By tomorrow, it will not be 11 times, but 14.8 times the cost price of 1.47 yuan. The more consecutive daily limits there are, the greater the multiple relative to the cost price will be.

At this moment, Zhao Mingjie opened his stock account and showed it to his good friend. The two were very close, otherwise he would never have shown it to him, much less told him that he had made a fortune in stocks.

Lin Shenshi glanced at him and exclaimed in shock, "Holy crap, what a beast! He's become a multi-millionaire without a sound. No wonder you looked down on opening an experience center..."

A moment later, Lin Shenshi, with an air of seriousness, fawned over him, saying, "Brother Jie, please help me out with my younger brother, the mortgage is really weighing on my shoulders!!"

Zhao Mingjie kicked his good friend away with a look of disgust: "Get lost!"

Lin Shenshi was neither envious nor jealous of his good friend's sudden wealth, nor did he want to follow suit just because he saw his good friend get rich from stock trading, because he never traded stocks.

After the little incident, we returned to the original topic.

“If you want to be careful with the sewing machine, then I’ll be the legal representative of the company, and I’ll handle the operations and management. You can just be an investor and shareholder…” Lin Shenshi added decisively, “Hey, stop dawdling. Just give me a straight answer and tell me whether you’re going to do it or not.”

Zhao Mingjie laughed and said, "Go ahead, go ahead, go ahead. Anyway, you'll be the one going in to operate the sewing machine, so let's get to work."

So the two brothers hit it off and decided to go for it.

Lin Shenshi contributed 30 yuan of his own money, but Zhao Mingjie, knowing his friend had mortgage pressure, didn't let him contribute. Instead, he planned to contribute 200 million yuan of his own money as a financial investment.

Zhao Mingjie clearly wanted to give his good friend a hand, and he also agreed with his friend's opinion that being ahead of the curve could lead to a chance to reap the benefits. He was just worried about the potential legal risks involved in this, and whether he might end up in jail.

Knowing that his good friend had become rich, Lin Shenshi didn't make a fuss and kept his 30 yuan. However, he didn't just take advantage of the situation. Since the money came from Zhao Mingjie, Lin Shenshi asked him to take the majority of the 70% stake.

At the same time, the emergence of the highly intelligent lifelike doll product, Flowing Star Language, was not only something Lin Shenshi thought of. In fact, many people in China, including those in the industry, had also thought of this business opportunity.

At this point, it comes down to who's bolder. Most people who think of this business opportunity either lack the funds or are hesitant to be the first to try it, fearing they might be caught on a risky business. People like Lin Shenshi, who not only thought of it but also dared to be the first to try it, and who also happened to have a wealthy friend providing funding, are rare. He specifically consulted legal professionals about the issue, and current laws and regulations do not explicitly prohibit it.

Based on the principle that anything not prohibited by law is permissible, Lin Shenshi decided to go ahead with it. Even if new laws and regulations were introduced to prohibit it in the future, the lag in the law would take at least one or two years, which would be enough time to reap the first wave of benefits. At least getting back the money and breaking even would be no problem.

If it gets banned, then just close down. Anyway, the money has already been earned and it can't be confiscated because the law doesn't apply retroactively. If there were no explicit regulations prohibiting it before, the money earned is legal, unless it's money earned after it's explicitly banned, then it's considered illegitimate and illegal income.

Therefore, Lin Shenshi decided to do it without hesitation.

……

In a second-tier city, there is a large foot massage and bath center.

"Wow, robots can be this beautiful? You and all those beauties of mine are robots? My God!" The shop owner was shocked. He had just learned about this from the club's general manager.

In the office at that moment, the general manager of the bathhouse said, "Boss, they are not only beautiful, but they can also sing and dance, and give foot massages. We can completely fire those technicians and replace them with these robots. They are more competitive than human technicians, and most importantly, we don't have to pay them wages."

The boss said doubtfully, "That can't be right. Such high-end stuff, how could you get one for less than several hundred thousand or even a million? You might not even be able to recoup the cost if you scrap it."

Upon hearing this, the general manager immediately smiled and said, "Absolutely! Boss, you absolutely can't believe it. The retail price of such a sex doll is only 11299 RMB, and even with the accompanying hardware, the total cost is no more than 2 RMB."

Upon hearing this number, the boss was shocked again: "What did you say? Less than 2 yuan each?"

The general manager nodded repeatedly: "That's right, it's absolutely true. If the business is good, we may be able to recoup our costs in less than a month. And according to what Likang Technology said at the press conference, the expected lifespan of this product is 5 years."

"To be honest, compared to these robots' figures and faces, our top technicians are simply no match. The service price can be reduced by more than half. How could this business not explode?"

The general manager took a sip of water to moisten his throat, then lowered his voice in a serious tone and said, "Moreover, boss, with these cyber technicians, customers can do whatever they want. Most importantly, there's no need to hide anything. Even if the police come for a surprise inspection and find out on the spot, there won't be any problem."

The boss asked in surprise, "Are you sure?"

The general manager nodded repeatedly: "It's absolutely true. I've consulted a lawyer. According to my country's Criminal Law and the Regulations on Administrative Penalties for Public Security, the definition of selling sex toys clearly states that the subject is a natural person. However, sex toys are tools, not natural persons, so they do not constitute such illegal or criminal acts."

The general manager then reminded the boss: "Most importantly, boss, if we don't use this robot, but our competitors do, then we simply can't compete with them."

As soon as he finished speaking, the boss decisively made a decision without hesitation: "Go and prepare immediately. We plan to buy 300 of these sex robot beauties in bulk. Buy a dozen or so first to check them out. Once they arrive, have them go out with you. If the effect is good, then buy all 300. Also, fire all the current two hundred or so technicians, whether male or female."

Then the boss asked, "Oh, by the way, can these robots also replace the waiters?"

The general manager immediately replied, "It's just simple tasks like serving dishes, guiding customers, and being available whenever needed. Boss, that's fine."

Upon hearing this, the boss said without hesitation, "Then we'll order another batch of goods and fire all the waiters as well."

……

(End of this chapter)