They discussed and made a decision.
Beijing Oriental released an announcement in a few days.
There were two things in the announcement.
One was that Beijing Oriental needed to raise another 20 billion yuan to increase production capacity.
The other was that Beijing Oriental's stock would be split.
It wasn't split into two like most normal operations, but one was split into thirty-two.
When this announcement was made, it could be said that the entire industry was in an uproar.
"Beijing Oriental needs to raise 20 billion yuan. Is this a blood-sucking move?"
"Beijing Oriental has raised another four times since it went public, but each time, it suffered a huge loss."
"Beijing Oriental lost nearly 2 billion yuan last year. How much will Beijing Oriental lose this year?"
Not only that.
Regarding the operation of splitting BOC into 32 pieces, the industry was also cursing.
Although this move did not cause any losses to the shareholders.
Although the stock price dropped, the number of shares increased, and the overall value remained the same.
However, a group of industry experts said that this was the most shameless way Beijing Oriental used the stock market as its own backyard to withdraw money.
Several institutions had strongly expressed that they were not optimistic about Beijing Oriental's stock. They suggested that they sell it directly.
There were also some organizations that had personally set an example.
A few weeks after Beijing Oriental's announcement, Beijing Oriental's stock was sold off one after another.
Beijing Oriental's stock price, which used to be 1.7 yuan per share, was sold to 1 yuan per share and was about to fall below 1 yuan.
…
"Boss Chen, Beijing Oriental's stock price is about to fall below 1 yuan. I think we'd better communicate with the major institutions."
Faced with the continuous decline of the stock market, Zhang Jianming realized that the situation was critical.
Without the participation of these institutions, Beijing Oriental's stock would not rise in the future.
If it did not rise, it meant that Beijing Oriental would not be able to raise 20 billion yuan.
Moreover, the participation of institutions was also a guarantee for a certain stock.
If a large number of institutions sold the stock, it basically meant that the stock did not have much investment value.
However, Chen Yu did not care. He said, "Let it be. Someone will take over."
"Boss Chen, no one will take over if the institutions sell it."
"Yes, individual investors."
Chen Yu said, "Look, our stocks have fallen to one yuan. I'm an individual investor. I'll definitely buy it."
"But how can individual investors have so much money to push the stock price back up?"
"One or two individual investors definitely won't work, but what if there are too many individual investors?"
Chen Yu was very confident about Beijing Oriental.
In his previous life, he had suffered countless losses at the hands of Beijing Oriental.
When he first entered the stock market, he didn't have much money and didn't know what stocks to buy.
When he saw that Beijing Oriental's share price was the lowest, he decided that it would be him then.
Therefore, he spent all his money on Beijing Oriental.
Now, Beijing Oriental was recreating the scene from his previous life.
Chen Yu believed that if Beijing Oriental could attract him in his previous life, it could also attract others.
Furthermore.
Chen Yu's operation was not as simple as splitting the stock market.
How could it be possible to raise 20 billion with such a simple operation?
If the company didn't have any good news, individual investors wouldn't come in.
For this reason, Chen Yu went to the Huanyu Electric Appliances that he had previously acquired.
Huanyu Electric Appliances was renamed from the Fuori colour TV that he had previously acquired.
In recent days, Chen Yu heard that the old stock of Huanyu Electric Appliances had been sold out.
Chen Yu was a little puzzled by this.
One had to know that since Chen Yu took over Fuori colour TV, Fuori colour TV had suffered heavy losses.
As for why the losses?
What other reasons were there?
It was just that the colour TV couldn't be sold.
The series of stocks that were previously produced were still in the warehouse.
Chen Yu thought that it would take a lot of time to clear out this batch of stocks.
He didn't expect that in less than a few months, all the stocks were sold out.
This efficiency simply shocked Chen Yu.
If Fuori colour TV had such efficiency before, why would it go bankrupt and be acquired by him?
"Director Liu, I heard that the company has cleared out all the stocks?"
Director Liu, Liu Zhihong, was the director of the Economic Development Zone.
However, after Chen Yu acquired Fuori colour TV, Chen Yu let Liu Zhihong serve as the director for a period of time because he couldn't find a suitable person to be in charge for the time being.
Of course, Chen Yu also had a reason for wanting the company to have a good relationship with the higher-ups.
After all, if the relationship with the higher-ups wasn't strong, although it couldn't be said that it couldn't be done, it definitely wouldn't be big.
Of course, as the director of the Economic Development Zone, Liu Zhihong couldn't be the person in charge of a private enterprise.
However, Fuori colour TV was originally a state-owned enterprise. Now that someone had taken over, it could be considered as helping the local authorities.
It was okay to help during this period of time.
At this moment, as soon as Chen Yu arrived at Huanyu Electric Appliances, the first person he found was Liu Zhihong.
"Boss Chen, it was cleared out a few days ago."
"So fast."
Chen Yu said in surprise, "How did you do it?"
"Boss Chen is still the commander."
"Director Liu, what does this have to do with me?"
"It has a lot to do with it. It has a lot to do with it. Boss Chen said last time that if anyone can figure out a way to clear out this batch of inventory, the company will reward that person with one million yuan. Such a policy immediately increased the enthusiasm of the employees. As a matter of fact, a technician in our factory thought of a way. "
"What way?"
"He proposed to tie our colour TV set to the satellite pot and sell it together."
"Satellite pot?"
Chen Yu was a little confused. "There are many satellite pots on the market. This kind of binding may not be new."
Satellite pots were TV pots that many families used in the early years.
This kind of TV pot could be placed on the roof because of the strong signal, convenient installation, and free payment. It was very popular with the public.
However, this kind of satellite pot was later banned because it interfered with the signal too much.
However, in 2005, the higher-ups were not very strict in this area.
"This is different. Our satellite pot has a stronger signal than the satellite pot on the market, which means that it can receive more TV stations."
"More TV stations."
Chen Yu still didn't understand.
More TV stations didn't seem to be very attractive.
Now, many satellite pots could also receive many TV stations.
Some received more than 100 TV stations at once.
However, most people only watched the TV stations that they usually wanted to watch.
It was useless no matter how many other TV stations received.
When Chen Yu wanted to ask again, he saw Liu Zhihong's expression and understood.
What do you mean by more TV stations?
Who knew what kind of TV stations he received in it.
Would there be more educational TV stations in it? Chen Yu planned to take one back to study it another day.
"Ahem …"
Chen Yu coughed a few times to show that he understood.
"Who is that technician?"
"This guy is called Zhao Yicheng. He's very smart and often thinks of many strange things. However, many of the things he thinks of are unrealistic. This is the only way that can be done. However, even so, we're still under a lot of pressure. Fortunately, we don't have much inventory, so the impact isn't big. "
"Yes, we can't sell satellite pots like this in the future."
"Boss Chen, don't worry. I know this."
Liu Zhihong was the director of the Economic Development Zone, so he understood the pros and cons of this.
"Oh right, call that technician over. I want to talk to him."
Chen Yu really wanted to meet this unrealistic technician.
= =
PS: Thank you to "When Flowers Wither and Swallows Return" for the reward. To express my gratitude, I'll add more tomorrow.
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