Chapter 719: Those who imitate me are stupid, and those who imitate me will die
As soon as Jin Shengmao sat down, someone ran in and reported to him.
Suddenly, so many people from the media and securities companies were vying to see him. Of course Jin Shengmao understood what was going on. It was nothing more than that the stock price of Chuanrong Electronics was about to rise sharply again!
Jin Shengmao was once a lecturer at the Radio School of Shuchuan University. A few years ago, when the wave of going to the sea swept across the country, he also went to the sea.
Anyone who goes overseas for the first time must be working in an industry they are familiar with, and Jin Shengmao is no exception. He founded Chuanrong Electronics, which mainly makes capacitors, resistors and other components.
In this industry, the threshold for entry is the same as the ceiling for entry. It is easy to get into the industry, but it is not so easy to do well.
When Jin Shengmao established Chuanrong Electronics, domestic capacitors, resistors and other components, especially in the consumer market, including capacitors used in TVs, computers, audio, circuit boards and other products, basically relied on the Japanese benzene imports.
Of course, not only domestic imports, there are also many companies in Bangzi, America, Old Europe and other places that import benzene from Japan.
But even if they are imported, the treatment is different. America and old Europe import capacitors and resistors from Japan, which are "high quality and low price".
As for domestic imports from Japanese companies such as Murata, Taiyu, and Kyocera, the treatment is different. Generally, they are inferior and expensive. The same product is much more expensive when purchased by domestic companies!
The reason why companies like Nippon, Murata, etc. are willing to look at them is because, in the final analysis, America and Old Europe have the ability to produce capacitors and resistors. Just because Nippon’s products have an advantage in price, they choose to import them from Nippon.
As for China, these products cannot be produced. Of course, Nippon Benzene Co., Ltd. has to take care of it. It raises the price every now and then, and sometimes it is impossible to get the goods.
When Jin Shengmao's Chuanrong Electronics first entered the industry, its performance was mediocre. After all, the foundation was there and it could only take some low-profit orders.
But even so, it is one of the few companies in China that can produce domestic capacitors and resistors. Although the profits of the orders it receives are not high, there is no shortage of orders from Chuanrong Electronics, especially for some small companies. With orders for home appliances, small toys, etc., it’s no problem to support yourself.
Now, the reason why Chuanrong Electronics has become the focus of the media and securities companies, and why Chuanrong Electronics can become the leader in the domestic component industry, is closely related to Donglin Hi-Tech.
At that time, Dongling Hi-Tech was just established, Chuanrong Electronics was considered small and large, and Tangling Hi-Tech launched its first product, the Silver Sable Mouse.
At that time, a large part of the components used in the Silver Sable mouse relied on imports. But at that time, Tanglin Hi-Tech was not like today. It was not that easy to apply for foreign exchange quota to purchase parts from Japan. of.
As a last resort, Tanglin Hi-Tech could only look for replacement parts in China, and finally found Chuanrong Electronics. This was actually the first step for Tanglin Hi-Tech to establish a parts industry chain in China. !
Destiny is sometimes real and unpredictable. Sometimes, just a moment's notice may lead to completely different results.
At that time, Chuanrong Electronics did not receive many orders from Dongling High-tech, and the technical requirements were also high. Taking orders from Dongling High-tech was not very profitable for Jin Shengmao. Say you won't lose money.
If it were another company, it might have been rejected, but Jin Shengmao took it over, and according to the requirements of Tangling High-tech, the technical upgrade of parts and components was solved, which solved Tangling High-tech's urgent need.
Jin Shengmao may not have thought of the impact his one thought back then would have on the entire Chuanrong Electronics and the entire founder family of which he was a member.
After receiving the order from Dongling Hi-Tech, Jin Shengmao also fashionably chose to apply for listing for Chuanrong Electronics, which was already somewhat famous.
In fact, Jin Shengmao is just trying its luck. These days, no company wants to try its luck when applying for listing.
Jin Shengmao was also trying his luck. The Shanghai Stock Exchange did not pay attention to Chuanrong Electronics' application.
These days, various rules are not very perfect, and companies applying for listing, securities companies, and the Securities Commission are all still trying to figure it out.
It is normal for a company to apply for listing and be reviewed for three to five years. It is not impossible that the company may even be forgotten at all.
So after applying for listing, Jin Shengmao didn't care, let alone expected to have the title of A-share leek king.
But things are unpredictable, and Chuanrong Electronics subsequently received a second order from Dongling High-tech. It was this order that completely changed Chuanrong Electronics.
This order caused the performance of Chuanrong Electronics to soar by 500%, a full five times, and the number of employees soared from a few hundred to more than 2,000.
In the following years, there is no need to say more. The history of Tanglin Hi-tech's fortune is Chuanrong Electronics' performance in Big A, which truly explains what it means to hold the thigh!
Chuanrong Electronics, which was originally small and transparent, did not know that it would only go public in the Year of the Monkey and the Horse. After receiving many huge orders from Dongling High-Tech, it was quickly approved by Big A and completed the listing.
Since then, every time Tanglin Hi-Tech releases a new product, Chuanrong Electronics’ stock price will skyrocket, becoming one of the most famous Donglin Hi-Tech concept stocks in Big A.
At the beginning, facing the skyrocketing stock price, Jin Shengmao would still be frightened and even warned the small investors who bought Chuanrong Electronics to be careful!
But no one cared what Jin Shengmao said. Some investors even shouted to Jin Shengmao, "Lao Deng, Shao Beep, do you understand Chuanrong Electronics?!"
This is a problem for Jin Shengmao. As the co-founder of the company, he is not as familiar with Chuanrong Electronics as laymen.
At the end, Jin Shengmao was too lazy to say anything, and then he cashed out carefully for the first time. For the first time, Jin Shengmao only cashed out 100,000 shares. At that time, the stock price of Chuanrong Electronics was less than ten yuan per share, and after cashing out less than one million yuan, Jin Shengmao bought a villa for his family and replaced himself with a car.
When he cashed out for the first time, Jin Shengmao was a little worried. When he asked the department personnel in charge of stocks to make an announcement, he was even prepared for the criticism.
As a result, no one cared at all. Instead, after Chuanrong Electronics received another large order from Donglin Hi-Tech, the stock price not only did not fall, but continued to rise sharply.
Up to now, the stock price of Chuanrong Electronics has exceeded 70 yuan. As for cashing out and the like, Jin Shengmao is already familiar with it.
Last year, he cashed out 500,000 shares and took away more than 30 million yuan in the name of giving incentives to technical staff.
In the name of expanding production lines, five million shares were issued and more than 400 million yuan were raised. Of course, these financings were handled by professional securities institutions, financing Chuanrong Electronics, and securities companies. On the side, you can also get a lot of money, which is a sure profit.
At this time, Jin Shengmao finally realized why so many companies are rushing to be listed, because they can really cash out and cut leeks in fancy ways. To be honest, selling stocks, financing, equity mortgages, etc. Wait, the money comes in so fast, much faster than working hard to sell products.
However, Jin Shengmao is an intellectual after all. Although he has cashed out a lot in recent years and even has the title of the top ten leek-cutting kings in Big A, Jin Shengmao still knows what he should do.
Jin Shengmao knows that Chuanrong Electronics is his foundation, and orders from Dongling Hi-Tech are his lifeblood!
So although a lot of money has been cashed out, in the past few years, Jin Shengmao has purchased a large amount of experimental equipment and new production lines for Chuanrong Electronics, and the treatment for R&D personnel is also among the best in the industry.
This makes Jin Shengmao cut leeks, but the revenue and stock price of Chuanrong Electronics have been rising, and the technical level is also the number one brand of domestic consumer-grade capacitor and resistor products!
“No!”
Jin Shengmao waved his hand and refused to meet with the media and people from the securities company.
"Now for Chuanrong Electronics, the most important thing is to complete the order, and the rest is insignificant!"
Jin Shengmao is not worried at all about tomorrow's stock price. As soon as Dongling Hi-Tech announces the order for Shenzhou Electronic Dictionary, The stock price of Chuanrong Electronics will skyrocket. It depends on him whether he wants to cut another handful of leeks!
......
"Have the sales statistics been calculated?"
In Pingyang, Hanxi, the office of the marketing department of Dongling High-tech Headquarters is also busy at the moment, and Zhang Ao is constantly answering the phone .
Li Dongling, Ren Yuefeng, Hu Huxian and others were also discussing in low voices, with quite relaxed expressions.
This time, the statistics of Shenzhou's second-generation electronic dictionary were released first, but it was from abroad. As for the water, there must be some. After all, the mountains are high and the emperor is far away. Those agents secretly stockpile the goods. , wait for it to be sold at a higher price after it is out of stock, and there is nothing Tangling Hi-Tech can do.
But basically the sales volume can be calculated, which is similar to what is reported by the central media. On the contrary, on the domestic side, because accurate statistics are required, the speed is actually slower.
“I heard that BBK, Haojixing, and Wenquxing have all announced that they will launch a new generation of electronic dictionaries and are preparing to increase production capacity!
If the production capacity of Shenzhou Electronic Dictionary is insufficient, I'm afraid some of the market share will be taken away!" Ren Yuefeng reminded Li Dongling.
When Li Dongling heard this, he just sneered, "If they can really eat this piece of meat, what if I give it to them?!"
Even for the Shenzhou Electronic Dictionary, Li Dongling is suppressing production capacity. They don't dare to accumulate too much inventory, but their opponents want to seize the market.
If this wave continues, in a few months, it is estimated that Dongling Hi-tech will not need to take action. The domestic and foreign competitors of Shenzhou Electronic Dictionary will kill themselves, and they will not be able to cause inventory explosions. They immediately wiped out the whole group, and finally gave the market back to Shenzhou Electronic Dictionary!
Li Dongling is not afraid that his opponents will produce more machines, but he is afraid that they will not produce them!
“In the domestic market, the first-day sales volume of Shenzhou Electronic Dictionary was 275,480 units, with revenue of US$27.5 million!”
"The second generation Shenzhou Electronic Dictionary sold 495,000 units on the first day!"
At this time, Zhang Ao walked over quickly and reported to Li Dongling the sales statistics of Shenzhou Electronic Dictionary. .
When Duan Youli, general manager of the production department of Dongling Hi-Tech, who was sitting nearby, heard about this sales volume, his first thought was not excitement, but his face turned pale, and he had only one feeling in his heart, that is, "It's over. ", he knew next, he would be scolded to heaven again!
Based on the number of machines stocked by the production department and today's sales speed, I am afraid that it will not be able to last even a week. The staff of the marketing department of Ling Hi-tech would probably point their guns at him and spray him with all their strength!
(End of this chapter)