Reborn in 2012, building a new energy empire

Chapter 129 Capital Liquidation

On the afternoon of the third day, Jiang Haoran had to rush back to Shanghai.

Before leaving, he held a short meeting with his team.

Dozens of people gathered in the conference room on the second floor, and everyone looked excited.

"Thank you all for your hard work." Jiang Haoran stood at the front without any formalities. "I just finished reviewing the latest overall project schedule. Director Zhao's goal is to complete the assembly of the first prototype before the Spring Festival."

There was a slight commotion below. It's less than four weeks until the Spring Festival.

"Time is tight," Jiang Haoran continued, "but I believe we can do it."

"It's not because of blind optimism, but because I've seen what you've accomplished in the past three months: from taking over the old factory of Xinrui Technology to expanding to its current scale; from milliliter-level processes in the laboratory to engineering parameters of hundreds of liters; and from integrating the four teams that were originally working independently—mechanical, electrical, software, and process—to a common goal."

He paused, his gaze sweeping across everyone's faces: "This prototype is not only the first self-developed equipment of Qilin Technology, but also the first physical object proving that domestic high-end diamond wire equipment can be manufactured independently."

The meeting room was very quiet.

"The next month will be even tougher. But if you persevere, you will see something with your own eyes—something that will truly hold an industry by the throat."

He looked at Zhao Haichuan: "Director Zhao, you'll be in charge of the specifics. If you need any resources, just contact me directly."

Zhao Haichuan stood up and said briefly, "Starting tomorrow, we'll enter the critical phase. The four groups—mechanical, electrical, software, and process—will hold a meeting every night at 9 PM to synchronize progress and eliminate any problems. The goal remains the same: the prototype must be running in the workshop before the winter break and the Spring Festival."

After the meeting, Jiang Haoran went downstairs to leave. As he reached the door, he looked back.

The lights were still on in the workshop. Some people went back to their computers to continue modeling, some gathered in front of the prototype frame to practice, and some squatted next to the electrical cabinet with multimeters in hand.

There was a tense and intense atmosphere in the air.

That's the smell before the battle begins.

He opened the car door and got into the driver's seat. As the engine started, the dashboard lit up faintly. Before leaving the park, he took one last look at the brightly lit factory buildings.

There, a group of people are turning their ideal blueprint into reality.

And he was going to pave the way for them.

By the time the car got on the highway back to Shanghai, it was almost dusk.

Not long after, Jiang Haoran returned to his apartment, lay on the sofa, and opened the trading app on his phone.

Through his previous operations in infrastructure stocks and his current holdings in rubber, rebar, and other commodities, his personal account has quietly grown from 180 million to 300 million in total equity.

I recalled the net asset value of the Jiutian Investment Phase 1 product that my uncle Chen Jingge sent me yesterday; it was steadily at 8.02.

The initial capital of 35 million was turned into 280 million in four months.

This number lies quietly in the account, unadorned, yet more powerful than any grand pronouncement.

Behind these figures are countless late nights of research, accurate predictions of policy and industry cycles, and the determination to buy firmly during market panic and exit calmly during periods of euphoria.

Now, it's time for the first liquidation and settlement.

He recalled the agreement he signed with Zhou Mingyu at the beginning of their collaboration.

The terms are so clear they're almost harsh, yet so fair they leave no room for argument: risk and reward are equal, effort and return are matched.

The specific terms are as follows:

First priority: Return the principal of 35 million to all partners.

Second priority: Pay a benchmark annualized return of 10% to the priority funds (30 million yuan invested by Zhou Mingyu).

If the investment period is six months, the amount is exactly 1.5 million.

Third priority: Distribution of excess profits.

He did some mental calculations.

Total equity is 280 million. After deducting principal and benchmark returns, the remaining amount is 243 million.

Divided into tiers:

Because the net asset value is 8, the annualized return rate has exceeded 100%, and as the junior tranche investor, he receives 80%.

Jiang Haoran quickly calculated the numbers in his mind.

In four months, the net asset value rose from 1 to 8, and the annualized return rate has long exceeded the threshold of 100%.

Of the 243 million in excess profits, he will receive 194 million, and Zhou Mingyu will receive 48 million.

Including the principal and the benchmark return, Zhou Mingyu ultimately received: 30 million in principal + 1.5 million in benchmark return + 48 million in excess return = 80 million.

His own portion: five million in principal + one hundred and ninety-four million in excess returns = one hundred and ninety-nine million.

The agreement not to charge management fees shows its weight at this moment; all excess profits are strictly distributed according to performance, without any intermediate losses.

The next morning, Jiang Haoran drove his car to the Jiutian Investment office building and parked it in the parking space.

It wasn't yet working hours, and the trading room was empty, but a few computer screens were still lit up.

He walked to his desk in his office, sat down, opened the professional calculation software, and recalculated the allocation plan.

The numbers are accurate.

He picked up the landline and dialed Zhou Mingyu's cell phone.

The phone rang three times before being answered.

"Haoran?" The background noise on Zhou Mingyu's end was a bit noisy, as if he were at a dinner party.

"Young Master Zhou, is it convenient for us to talk?"

"Wait a moment." Footsteps came from the other end of the phone, the noise fading into the distance. "Okay, go ahead."

"I plan to complete the liquidation and settlement of Jiutian Investment Phase 1 by December 31st," Jiang Haoran said calmly. "The distribution will be based on the terms of the agreement. Your portion, 12 million, will be transferred to your account after the liquidation is completed. I will send you the specific amount to your email address, and you can have the finance department review it."

There was a few seconds of silence on the other end of the phone.

Then came Zhou Mingyu's low laughter: "Five months, thirty million turned into eighty million, I'm very satisfied with this return. Haoran, your operation is textbook-worthy."

"The market gave us an opportunity, and we just seized it."

"No need to be modest." Zhou Mingyu paused. "I have no objection to the allocation plan. However—are you really going to stop operating? The momentum is just right now."

"The first phase is over, which is good for everyone," Jiang Haoran said. "We'll lock in profits this week and fulfill our promises. The second phase is on its way, and if you still want to invest, we'll give you priority in securing a share."

This is his principle. He keeps his word, and he does things cleanly and efficiently.

The financial market is never short of opportunities, but once credibility is damaged, it is difficult to repair.

"Okay." Zhou Mingyu's tone became serious. "Then let's do it your way. When will the funds be available?"

"Positions will be closed starting tomorrow, and all positions will be settled within three trading days. Funds will be credited to your account before New Year's Day."

"Okay." Zhou Mingyu seemed to remember something. "By the way, how's the progress of your Qilin Technology project lately?"

"It's still under development, and it's burning through a lot of money."

"You're managing to do both without any problems," Zhou Mingyu remarked. "Alright, then I'll wait for your official liquidation report. Once the funds arrive, I'll arrange a celebratory dinner?"

"Sure, you can set the time."

After hanging up the phone, Jiang Haoran leaned back in his chair and let out a long sigh.

The office was quiet, with only the low hum of the server racks.

He took a black-covered notebook out of the drawer and opened it.

The first page records the initial plan for Jiutian Investment Phase 1, with neat handwriting and every number carefully considered.

Flipping through the pages reveals records of every portfolio adjustment, judgments of every market turning point, and summaries of every late-night study session.

Now, we can turn the page.

He picked up his pen and wrote on a new page: "Nine Days Investment Phase 1 liquidation and settlement completed."

The estimated principal return is 35 million, and the distributed profits are 2.43 million. The senior LP (Zhou Mingyu) will receive 80 million, and the junior GP (Jiang Haoran) will receive 199 trillion. There are no management fees.

"Market validation: The inflection point positioning strategy is effective. Industry cycle prediction and policy sensitivity are key."

"Follow-up: Funds will be reallocated, and investment in real industries will be increased. Kirin Technology is working on its prototype, which requires additional investment. The photovoltaic industry is not yet over, but a window of opportunity for technological breakthroughs has appeared."

He paused here, the pen tip hovering over the paper.

Then continue: "Personal account balance: 3 million."

需规划：1.麒麟科技中试线投入（预算400万）；2.家庭工厂二期升级（预留1000万）；3.光伏产业链併购储备资金（待定）：4.九天投资2期启动资金（预留5000万）：5.流动性储备（预留1

100 million)."

The numbers are arranged on the paper, clear and cold.

But Jiang Haoran knew that behind these numbers were living factory workshops, tireless technicians in laboratories, and partners who believed he could lead the team out of the winter.

The Shanghai stock market, in its turmoil, is never short of stories. Some become rich overnight, some lose everything, some hold on quietly, and some leave in a hurry.

He chose a slower, heavier path.

My phone vibrated; it was a message from Zhao Haichuan: "President Jiang, the plating tank is installed and in place. Pipe connection will begin tomorrow."

He replied, "Be careful and proceed according to plan."

After replying to the message, he walked out of the office, locked the door, and left.

In the underground parking garage, he got into the car but didn't start it immediately.

His fingers tapped lightly on the steering wheel, his mind planning the next few days: complete the liquidation instructions for Jiutian Investment in the next few days, confirm the liquidation documents with the lawyer this afternoon, and then go to the Qilin Technology R&D Center —

The engine starts and the headlights come on.

The car slowly drove out of the garage and merged into the congested traffic.

The first episode has ended.