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Chapter 992

Words:3108Update:22/08/15 03:10:22

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"Mr. Buffett, do you have any tips?"

Lu Xue asked.

"Sorry, I don't trade stocks."

"Huh?"

"Many people think I'm the god of stocks. They think I'm good at trading stocks. But I didn't become the god of stocks because I'm good at trading stocks. Stocks were not used for speculation. They were used for investment. That's why I don't even know the Dow Jones index. I've even forgotten the share price of Coca-Cola. But as long as I know this listed company is worth my investment, and their products will continue to sell well, I will hold on to them. "

"Understood."

Zhang Jianming and Zhao Danyang took the opportunity to ask Buffett questions.

Some of them asked about the stock market.

Some of them asked about investments.

There were also some who asked if he had any opinions on life values.

At the same time, Buffett also shared his experience during this lunch.

Don't be envious of those who make a comeback and succeed twice.

Maybe such a comeback is worthy of everyone's admiration.

However, during the ups and downs of his life, it was possible that his thoughts, his life, his surroundings, and his personality would all undergo huge changes.

This is not a price an ordinary person can afford.

If possible, seize the opportunity. When you make money, be careful and don't take risks.

This experience made everyone nod their heads in admiration.

"Thank you, Chen Yu. It's a pleasure to come to China."

"Thank you, Mr. Buffett, for agreeing to have lunch with us."

"Haha, it's nothing. You spent 500,000 USD to treat me to lunch. I thank you on behalf of the foundation. If you continue to bid for it next year, I'll come again next year. "

"Hahaha, I'd like to bid for it next year. But I'm afraid I won't be able to invite you with just 500,000 USD next year."

Buffett had always thought the price of lunch would rise.

Last year, it was only a few hundred thousand USD. This year, it would be 500,000 USD. Next year, it might exceed 1 million USD.

In the future, it might even reach 2 million USD or 3 million USD.

Of course, it wasn't that Chen Yu couldn't afford it.

But he had already invited Buffett once. There was no need for him to invite him again.

"Chen Yu, you're interesting."

Buffett shook hands with Chen Yu. He did not stay in China for long. He chose to return to the US.

This trip to China wasn't part of Buffett's plan. He still had a lot of things to do in America.

"Let's go."

After sending Buffett to the airport, Chen Yu returned to the company's headquarters.

That night, the reporter who came with Buffett published the contents of the conversation between Chen Yu and Buffett.

Affected by this, Beijing Oriental was directly capped at one point the next morning when the market opened.

Was there a need to say this?

Everyone was paying close attention to the fact that the chairman of Huanyu Technologies, Chen Yu, had invited Buffett to a meal.

Needless to say, Chen Yu had recommended Beijing Oriental when he was having dinner with Buffett.

"F * ck, the Beijing Oriental stock market has hit its daily limit."

"Ah, ah, ah. I already knew that Beijing Oriental was going to increase. Why didn't I buy it yesterday? Why?"

"Hahaha, Beijing Oriental is going to soar. Awesome, awesome."

"Well, didn't you say you were going to sell the Beijing Oriental stock?"

"Sell my ass. Looking at the situation, Beijing Oriental is going to hit its daily limit by at least three times."

Buffett's influence was not to be underestimated.

One word from him could affect the trend of the entire stock market, let alone Beijing Oriental.

Although Beijing Oriental had always been called a scam, Buffett was very optimistic about it.

He even regarded it as a super bull stock comparable to Samsung.

Although this kind of stock was losing money now, as long as you kept holding it, you would definitely reap huge profits.

Because of this, a lot of funds were frantically placed on the daily limit.

Although they knew that they couldn't buy it now, who knew? As long as they put their money in, they might be able to buy it.

Therefore, in the following period, you would see.

Beijing Oriental didn't hit its daily limit by three times.

After hitting its daily limit by three times, it hit its daily limit again.

Four daily limit by three times.

Five daily limit by three times.

Six daily limit by three times.

Seven daily limit by three times.

Ten daily limit by three times.

Beijing Oriental didn't stop until the tenth daily limit by three times.

But even so, Beijing Oriental didn't stop the momentum of rising.

After a few days of slight adjustment, Beijing Oriental went at full throttle again. The rocket was launched.

In just ten short trading days.

Beijing Oriental, which was originally more than one yuan, rose to more than three yuan, more than three times.

But countless shareholders still couldn't stop pouring money into Beijing Oriental.

They felt that Beijing Oriental's current price of three yuan could reach 30 yuan or even 300 yuan in the future.

As for whether it could reach that much in the future, who knew?

But whether it could reach that much or not, at this time, Beijing Oriental's financing was no longer a problem.

With a big stroke of the pen.

Wang Dongsheng once again announced an increase in capital stock after Beijing Oriental's stock skyrocketed.

This time, the increase wasn't a directional increase, but a chance for all investors.

In just one day, Beijing Oriental raised 26 billion yuan. It could be called a miracle of A-share financing.



"Boss Chen, good news, good news. We raised 26 billion yuan in one day."

"Well, not bad. With this money, we can invest in a few more production lines. Also, we have to build the sixth and seventh generation lines. "

"Boss Chen, don't worry, I'll take care of this."

With money in hand, Wang Dongsheng was more energetic than anyone else.

Although the LCD panel industry required technology, more importantly, it required funds.

Without money, nothing could be done.

As for technology, it was actually piled up by funds.

As long as funds were poured in continuously, sooner or later, their technology would be comparable to Samsung's.

Even if it was slightly inferior to Samsung, with a market as big as China, Beijing Oriental had nothing to fear.

"However, Boss Chen, in order to raise funds, the company has increased several times. Your capital stock has dropped to 30%."

Back then, Chen Yu's capital stock was 51%.

But after several rounds of financing of tens of billions, Chen Yu's capital stock dropped to 30%.

Generally speaking, 30% was no longer enough to completely control Beijing Oriental.

However, Chen Yu did not mind this.

— — —

"It's okay, 30% is still Beijing Oriental's largest shareholder."

In fact, Chen Yu did not think about Beijing Oriental to make money through Beijing Oriental.

BOC wanted to solve the problem of LCD panels in the country.

This industry did not need to make money, but he needed it.

As for why Chen Yu still wanted to do it even if it did not make money, it was because the LCD panel industry was related to Chen Yu's future business.

For example, PCs, laptops, netbooks, super TVs, and the future smartphones.

All of these required LCD panels.

Not to mention that Beijing Oriental did not make money, even if it lost money every year, Chen Yu had to do it.

In addition, Wang Dongsheng was worried that 30% of the shares could not completely control Beijing Oriental. In fact, this was only in theory.

In fact, Chen Yu could still completely control Beijing Oriental.

This was because in Chen Yu's several rounds of financing, Chen Yu had already cleared a group of institutions out of Beijing Oriental.

Especially the last time he PK with institutions, he completely offended them.

Those who bought Beijing Oriental's shares were all individual investors.

No matter how many individual investors there were, they could not compare to Chen Yu, who had 30% of the shares.

Not to mention 30%, even if Chen Yu only had 20% or even 10% now, Chen Yu could completely control Beijing Oriental.

"Oh, right, the LCD panel needs too much money. Uncle Dongsheng, we can't just invest all by ourselves."

"Boss Chen, do you mean to pull some investors over?"

"Some other investors are probably not interested in this project. After all, it doesn't make money. They have to keep investing money every year."

"Then who should we get in?"

"Find a place to get in."

"I'm afraid they won't be willing."

Wang Dongsheng shook his head when he thought of the withdrawal of funds from Beijing City's higher-ups last time.

The higher-ups in these places were not so easy to fool. Who would follow you if you asked for tens of billions of yuan?

It would be fine if this project made money, but if it did not make all the money, who would be willing to follow in?

"That's not necessarily true."

"Uncle Dongsheng, we are not like before. In the past, Beijing Oriental had no money and no technology. Now, we have expanded this business. Moreover, although our LCD panel is not very profitable, it requires a lot of labor. This is obviously helpful for the local authorities to solve the employment problem. We have several production lines in Shencheng. Are the higher-ups in Shencheng also considering the employment problem? "

This reminded Wang Dongsheng. "Boss Chen, you are right. Employment is a matter of people's livelihood. It is also a matter of great importance to the local authorities. Even if it is not very profitable, they will consider it for the sake of people's employment. Moreover, our business is so big now. They can also see our weight in this area. "

"Yes, you should move around more during this period of time. If you don't have any ideas in a place, you can change to another one. There will always be people who are willing to do it together."

Huanyu Technologies alone was not enough for the LCD panel. Beijing Oriental alone was not enough.

He had to unite all the partners that could be united.

Otherwise, even if Beijing Oriental had raised 26 billion yuan, they could only pull three production lines at most.

Not to mention, there were still the 8th generation line, the 9th generation line, and even the 10th generation line.

These were all investments of tens of billions of yuan.

Chen Yu also had to find another strategy to make the LCD panel with the strength of the country.

Solving the employment problem was a breakthrough for Beijing Oriental.

"Okay, Boss Chen, I will go to the local authorities for the time being."

Wang Dongsheng also knew that this matter was very important.

At the same time, he was also glad that he met Chen Yu at that time.

If it were not for Chen Yu.

Beijing Oriental would have been finished long ago.

If it were not for Chen Yu, the entire LCD panel business in the country would have been completely wiped out.

He also believed that the higher-ups had also seen the efforts of Beijing Oriental in the LCD panel industry. They would definitely have some reaction.

"Okay, that's it."

After the discussion with Wang Dongsheng, Chen Yu went to the Huanyu Super TV production base.

Beijing Oriental could not just produce the panel.

If no one wanted the panel produced, they would also be finished.

In order to make a supporting set for Beijing Oriental, Chen Yu created their Super TV.

However, this Super TV was only Chen Yu's version 1.0.

After creating the Super TV version 1.0, Chen Yu was already planning for the Super TV version 2.0.

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