Chapter 350 [More Money Required!]

The following day, Monday, January 4.

Stimulated by news over the weekend, Likang Technology's stock price opened significantly higher today. After a five-minute pullback, it rebounded strongly and is poised to reverse the large bearish candlestick from last Friday.

Despite being overwhelmed by negative news and subjected to online abuse and criticism over the weekend, the capital market was excited.

Once the Starry Sky Simulation Robot is widely used as a means of production, its sales volume is expected to double from its current level.

Around 13:55 PM, another piece of news emerged. According to insiders, the enterprise version of the Liuguang Xingyu robot, which is a production material product, will not be priced like the personal consumer version. Instead, the selling price will be raised to 18.3 yuan.

When interviewed, a senior executive at Likang Technology confirmed that the news was true.

Good heavens, this is serious.

The capital market was instantly ecstatic, as if it had been injected with adrenaline. Likang Technology's stock price surged to 4066.54 yuan, a 30.00% increase, hitting the daily limit before most people could even react.

Because quantitative funds capture market information and immediately rush to buy up shares, they can complete 300 transactions per second, which is far beyond the reaction time of humans.

At the same time, the stock price of Lingjing Technology next door also surged, rising by 20.00% and hitting the daily limit in just five minutes.

The stock price hit a triple number, 555.55 yuan, setting a new historical high and pushing the market capitalization to 48.22 trillion yuan.

The same product with the same cost, the Enterprise Edition of the Liuguang Xingyu Simulation Robot is priced at 18.3 yuan higher, which means that the profit per robot has increased by 17.17 yuan, more than ten times.

Assuming 10 million enterprise editions are sold, that would be a profit of 1.717 trillion yuan. Based on the already announced 30/70 profit split, Lingjing Technology could take away 1.2 trillion yuan of the profit.

Even if Likang Technology only takes 30%, it still has a profit of over 500 billion yuan.

This is all profit, not revenue.

This is an absolutely unprecedented and unexpectedly significant positive development, and the fact that the stock prices of both companies immediately hit their daily limit is the response from the capital market.

On Tuesday, Lingjing Technology surged again by 8.30%, closing at 601.66 yuan. The company's market capitalization broke through the 50 trillion yuan mark several times, reaching 52.22 trillion yuan.

The neighboring company, Likang Technology, is even more phenomenal. Today, it opened with a limit-up and hit a new historical high, achieving a second consecutive limit-up.

All funds were locked up and not sold. On Wednesday and Thursday of the following week, Likang Technology did not continue to open at the limit up price but instead opened at the limit up price, successfully achieving four consecutive limit ups and pushing the company's stock price to a high of 8394.18 yuan, with its market value soaring to 3.9 trillion yuan.

Major institutions have released their latest analysis reports, significantly raising their expectations for Likang Technology. The market generally expects Likang Technology's total market value to exceed 5 trillion yuan.

After analysis by various market institutions, a surprising conclusion was reached: even with a price increase of 18.3 yuan per unit, it is still lower than the labor cost for business owners, and the efficiency of the enterprise can be greatly improved, so they will definitely make the purchase.

The benefits of the enterprise version are simply too great. Selling just one unit can generate a profit of 17 yuan, and Likang Technology can also get more than 5 yuan.

Lingjing Technology also hit new historical highs on Wednesday and Thursday, but not as dramatically as its neighbor, Likang Technology. It closed up 3.62% and 3.12% on the two days, respectively, at 642.91 yuan, with a market value of 55.8 trillion yuan.

The two companies are a whole order of magnitude smaller. Lingjing Technology is unlikely to experience a consecutive surge like Likang Technology. For the former, a one percentage point increase would result in a net increase in market value of over 5000 billion.

Likang Technology, which is next door, surged 185.61% in four consecutive days this week, with its market value increasing by nearly 2.7 trillion yuan. Lingjing Technology, on the other hand, has a cumulative increase of 38.87% in the same four days. Although the increase is far less than that of Likang Technology, its absolute market value has increased by a staggering 15.619 trillion yuan.

Based on the profit growth expectations for the Flowing Star Language simulation robot, the price-to-earnings ratio given for this business when it is separated would be roughly the same, considering that it has already surged since the "September 9.24th rally".

……

"Holy crap! I sold too early!" Zhao Mingjie slapped his thigh as he looked at the stock chart of Likang Technology. He never expected that after clearing out his position last Friday, the stock would still be able to enter its fifth major upward wave this week, and even rise all the way to the limit.

After a long while, Zhao Mingjie looked at the K-line trend of Likang Technology and couldn't help but sigh: "If I had held back last Friday, by now it would be 11.4 billion."

He liquidated his holdings and cashed out 4.3 million yuan last Friday.

After a while, Zhao Mingjie comforted himself, "I'm content. I turned 20 into 4.3 million, almost reaping the benefits of four major upward waves. My luck is already incredibly good. No one can accurately escape the top and reap all the profits."

The sale of Fei is a done deal, and that's the only way to console himself. However, making a profit of 430 million yuan doesn't really make Zhao Mingjie feel too regretful. A few months ago, if someone had told him he was worth over 100 million yuan, he wouldn't have believed it even if you beat him to death.

Now that the money is in my pocket, I've achieved financial freedom in this lifetime, and I'll never run out of it, not even in the next life or the one after that.

"I never imagined that President Zhou would be criticized all over the internet and still rise to become the richest man. Tsk tsk tsk..." Zhao Mingjie sighed again.

Zhou Chengyang is definitely a trendsetter right now. A Weibo post last week caused his reputation to collapse rapidly, and he became the target of everyone's condemnation. However, his net worth has skyrocketed along with the soaring market value of Likang Technology.

His personal net worth has reached 9586 billion yuan, making him the newly crowned richest man in China.

In addition, his wife Yun Ruolan also holds 15% of the shares of Likang Technology, which corresponds to a nominal net worth of 5850 billion yuan, making her the richest woman in China.

The couple became the first and second richest people on the domestic rich list. Xiao Yu, without considering the net assets of AVIC Linfei, ranked third with a nominal net worth of more than 5500 billion yuan.

The combined net worth of Zhou Chengyang and his wife reached 1.54 trillion yuan.

However, netizens across the internet are furious with Mr. Zhou, wondering how someone like him could have such a skyrocketing net worth. Many are accusing him of siphoning the blood of millions of people at the bottom of society to build his trillion-dollar fortune.

Shortly after Zhao Mingjie closed his stock trading software, his good friend Lin Shenshi arrived at his door and knocked.

Upon opening the door, Zhao Mingjie saw his friend and asked in confusion, "What are you doing here? Weren't you running a business?"

Lin Shenshi looked at his good brother and said succinctly, "I need to pay more!"

"Uh..." Upon hearing this, Zhao Mingjie raised his hand to cover his face with a tense expression, turned around and went back into the house, saying, "Seeing your face, I know I'm going to lose money. Get in here."

Lin Shenshi entered the room and spread his hands helplessly, saying, "I can't do anything about it. Who knew that Likang Technology would raise the price of the enterprise version of Flowing Star Language to more than 18 yuan per unit, instantly causing our company's operating costs to soar tenfold."

Upon hearing this, Zhao Mingjie couldn't help but say, "Why don't we just buy the products from users at a higher price? It would be more cost-effective than directly purchasing the enterprise version."

Lin Shenshi waved his hand and said, "If you can think of it, so can I. Do you think Likang Technology can't? I specifically looked into it. The personal version of the consumer-grade Flowing Star Language has been restricted by the program and cannot fulfill its function as a means of production."

He paused for a moment and then added, "In short, it's unusable. The only option is to buy the Enterprise Edition of Flowing Star Language with the production resources attribute unlocked. Unless you can crack the personal version, which we obviously don't have the capability for, and I doubt anyone else has the technical skill either. And even if they did, wouldn't they be bankrupted and forced to work on a sewing machine if they got caught?"

Zhao Mingjie said succinctly, "Alright, alright, just tell me how much you want."

Lin Shenshi replied decisively, "2000 million, or 3000 million or 5000 million, of course."

Zhao Mingjie immediately retorted, "Do you think my money grows on trees?"

Lin Shenshi countered, "Isn't that right?"

Zhao Mingjie: "..."

To be honest, there's really nothing wrong with it. He made over 100 million yuan in the past few months, suddenly becoming a net worth of 430 million yuan.

This money came so easily, it was practically like it was blown in by the wind.

Not long after, the two discussed it and Zhao Mingjie finally decided to invest an additional 3000 million yuan.

However, he also made it clear to Lin Shenshi that he would not make any further investments. If the company was still short of money, Lin Shenshi would have to find his own way to raise funds from venture capital firms or other sources.

Zhao Mingjie became rich overnight and achieved financial freedom. Even with normal consumption, he could live a luxurious life and would never be able to spend all his money in this lifetime.

But if you go and make reckless investments, the few hundred million you have won't be enough to justify your extravagant spending.

……

(End of this chapter)

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