Chapter 73 [Explosive annual report performance makes Xiao Yu the richest man (please order first)]
After just a few days of fermentation, the popularity of the AI Mirror has exploded exponentially, and users have almost unanimously praised it.
It has even emerged that users are only divided into AI small mirrors and other smart assistants in the field of AI smart assistants, and AI small mirrors have become the only category.
Some people in the industry said frankly that the emergence of Lingjing Technology’s AI small mirror has led to a new wave of AI. The arrival of the big wave does not even say hello to you, and everyone is confused. I was caught off guard for a while.
The AI Mirror has also been welcomed by the majority of otakus and 2D fans. This is due to the virtual image designed by the development team for the AI Mirror and the rich interactive elements on the PC side.
Xiao Yu did not skimp on the budget for development in this area.
He originally intended to raise the company's operating costs, and spent as much as possible on the budget to suppress the outrageous corporate profit margins.
Many users even play AI Mirror as a nurturing game. In terms of avatar design, a small team is responsible for it, and subsequent versions will be updated with more interactive elements.
……
April 20, Lingjing Technology Headquarters.
"The number of user registrations of Xiaojing has exceeded the 10 million mark since its launch." Yun Shu came to Xiao Yu's office and reported the good news to him.
From the first day of launch to the present, it only takes 6 days to reach the full target, which is equivalent to a daily user growth rate of more than 1.6 million. This is without any publicity, and there is no doubt that it will become the hottest item of the year.
"Yeah, not bad." Xiao Yu nodded with satisfaction. The AI intelligent agent was developed at the software level, which was crucial to bringing the bionic robot technology of Blue Star's Vitas Industrial Group to the earth.
Even if the castrated "beggar's version" is placed here on Earth, it will be enough to shock the world. Lingjing Technology is already making robots and automation products, so it is logical to launch some advanced robot products by then.
"Let Xu Changming continue to increase storage and computing resources. With the increase in users, the demand for storage and computing power will also surge significantly. We must prepare in advance to ensure a smooth user experience." Xiao Yu said after thinking about it.
"Yeah, okay." Yun Shu nodded.
The current storage and computing resources on the earth are insufficient and there is no quantum computer. Now is not the time to bring this thing over.
There are too many black technologies on the Blue Star side, but to get them here on Earth, you have to wait for the technology tree here to be in place. If you rush into some necessary front-end technology trees without lighting them up, it will be overturned. The stakes are high.
There is not much of a problem with storage and computing resources. Xiao Yu adopts the strategy of "flying bricks vigorously" and directly spends money to purchase a large amount of storage and computing resources. If it is not enough, he will spend money to build more storage and computing data centers himself.
And since he was worried that he had no place to spend money to suppress the company's profit margin, Xiao Yu would not let this opportunity pass by.
After the AI Mirror is launched, especially with the surge in users, both the demand for storage computing resources and Internet fees are huge costs, which is exactly what Xiao Yu likes to see.
With the current astonishing user growth rate, the real explosion has not yet begun.
This year, it is very likely that the number of users will exceed 100 million just relying on the Greater China market. It is definitely the most super dark horse product of the year in the technology circle. It is an exaggeration to say that it was born out of nowhere and reached its peak when it debuted.
The popularity of small mirrors has also pushed the market value of Lingjing Technology Company to rise. Recently, the stock market has weakened, but Lingjing Technology is still bucking the trend.
If it weren't for the poor performance of the market index and the fact that the annual report has not yet been released, Lingjing Technology's stock price is likely to rise continuously, but even so, the company's stock price is still rising sharply in shocks, reaching record highs one after another.
The stock price has exceeded the 600 yuan mark, reaching the highest price of 608.34 yuan. The corresponding market value has also exceeded the 500 billion mark, reaching 528.039 billion. It has surpassed Marui Medical (363.3 billion) on the GEM and is second only to Ningde Times (948.6 billion) became the second GEM stock in terms of market value.
In the A-share market, it has also surpassed the market value of Oil Reserve Bank, ranking 16th. Lingjing Technology has become a 500 billion-level super large-cap stock.
Xiao Yu's net worth has also soared to 269.5 billion, directly surpassing the founder of Toutiao (245 billion) and ranking second on the domestic rich list this year, second only to the founder of Nongfu Spring (455 billion).
In the past year, Xiao Yu has been the super-rich person with the fastest and most wealth growth.
At the same time, he is also the youngest super-rich person on the list of the top 100 richest people in China. He is only 29 years old this year, and he is still 29 years old. He is still several months away from his 29th birthday.
However, in the next few days, the stock market plummeted. On April 25, the market plummeted by more than 5 percentage points, and the Shanghai Stock Exchange Index fell below the 3,000-point mark. There was a stampede in the market, and Lingjing Technology was also killed by emotions, and it sold out that day. It hit the -20.00% limit, and then fell -5.87% the next day. The stock price fell back to 420.36 yuan, and the market value fell back to 364.872 billion.
However, the company's stock price had strong support at the price of 400 yuan, and rebounded to above the price of 450 yuan in the following days.
……
Friday, April 29th.
At around 15:30 in the afternoon, Xiao Yu came to the company. As soon as he entered the office, Yun Shu learned that he was coming to the company and came to the chairman's office with a piece of information.
"The annual report audit has come out today, and we finally got it done on the last day." Yun Shu put the financial report documents on Xiao Yu's desk, looking like he was relieved. The latest deadline for the disclosure of annual reports of listed companies is April 30th every year.
Xiao Yu glanced at the beautiful assistant and smiled without saying anything. He looked away and picked up the financial report to look at it.
Yun Shu also briefly stated the key points: "In 2021, the company's annual revenue is 78.365 billion, a year-on-year increase of +1988.06%, and the net profit attributable to the parent company is 21.633 billion, a year-on-year increase of +3688.61%. The company's current cash flow has reached a record of 27 billion .”
In the first three quarters of last year, the company suffered serious losses. However, in the fourth quarter, the company's graphene business orders were in short supply, and none of the buyers and manufacturers held down their payment, which suddenly boosted the performance. The performance in the fourth quarter exploded, covering all the losses in the first three quarters and still making profits. Turned over.
Moreover, the expected revenue of 2,000 tons of graphene production capacity is 60 billion, but in fact it sells graphene composite materials, and Lingjing Technology makes precision components to supply to customers.
For example, mobile phone manufacturers, whether it is Huawei or Xiaomi, directly hand over the screen business to Lingjing Technology. The company will provide complete screen components for the two mobile phone manufacturers, and it will naturally become the supplier of these two major mobile phone manufacturers. screen supplier, and also supplies the flagship models of the two manufacturers.
Xiao Yu read the 2021 fiscal year report and was very satisfied. It can be said that the company's profit margin has been controlled within the normal range.
However, Lingjing Technology's annual net profit still exceeded 20 billion. Among the more than 5,000 listed companies in the A-share market, only 46 listed companies had a net profit of more than 20 billion last year, accounting for only 1% of all listed companies. It is exclusively a national team company.
If Xiao Yu hadn't deliberately lowered the company's profit margin, the net profit in the annual report would have more than doubled.
……
At around eight o'clock in the evening, Lingjing Technology officially disclosed its annual report. The capital market's long-awaited annual report finally came, and everyone paid attention to it immediately.
When seeing the 2021 financial report data of Lingjing Technology, people from all walks of life in the investment circle could not sit still.
"Wow! Last year's net profit was more than 20 billion? Exceeded expectations! It seriously exceeded expectations!" An investor was shocked when he saw Lingjing Technology's annual report, and couldn't help but added: "Ningde Times' revenue last year 130 billion yuan, net profit of 15.9 billion yuan, more than Ning Wang, and the market space is bigger than Ning Wang’s track, why is the market value lower than Ning Wang?”
Immediately afterwards, he did not hesitate to pay for Ding Lingjing Technology overnight.
Check out the 16-9 book bar and see the correct version!
When the stock market opens after May Day, Lingjing Technology is 100% sure to hit the daily limit. Now he is not the only investor placing overnight orders, many people are rushing to place overnight orders.
The market plummeted last week, and Lingjing Technology was wrongly killed by emotions. As the market fell to the limit, the latest closing price is now 458.83 yuan, and the corresponding total market value is 398.264 billion.
Before the annual report of Lingjing Technology was released, the company's price-to-earnings ratio reached a terrifying 700 times, which can be called a market dream ratio. At its highest, the price-to-earnings ratio once reached a terrifying 926 times.
But with the release of the annual report, Lingjing Technology's price-to-earnings ratio has dropped directly from 700 times to the current 18.41 times. In the A-share market, for a high-growth technology company, where can you find a listed company with a price-to-earnings ratio of less than 19 times?
"Made, it's time for the top GEM stock to change hands. Lingjing Technology's current market value is less than 400 billion, and King Ning has a market value of 950 billion. King Ning has to go to Lingjing Technology to get the goods. It doesn't make sense for Lingjing The market value of Technology is lower than that of King Ning, and the target price should start in the trillions.”
This investor was extremely excited because he already held three levels of Lingjing Technology stocks, and the remaining positions were filled with overnight orders.
……
With the end of the May Day holiday, the first trading day after the holiday arrived as scheduled. Lingjing Technology opened the daily limit without any suspense, and a jaw-dropping amount of more than 50 billion order closing funds appeared on the daily limit board.
The market index fell sharply the next day, but Lingjing Technology was not affected at all and continued to hit a record high by the daily limit.
On the next trading day, the stock price of Lingjing Technology did not continue to rise by the daily limit. Instead, it opened higher. After the opening, it fell by nearly 7 percentage points. After that, it released a huge amount and listed on the board again. It walked out of the triple board and the stock price hit a new high again. A record high, with the market value soaring to 688.2 billion.
The main funds also want to push up the market in a row, but now Lingjing Technology is already a super large-cap stock close to 700 billion. If the market continues to push up in a row, there will be no funds willing to take it, and even if it wants to take it, it may not be possible. Gotta move.
And now the stock price is getting bigger and bigger, reaching 729.86 yuan per share. It costs more than 70,000 yuan to buy one lot. It is a GEM stock, and many retail investors cannot afford even one lot.
Therefore, after the main funds hit the two-digit daily limit, they had no choice but to open the door and let others come in to relay and work together to do long positions.
In the next two trading days, Lingjing Technology continued to hit the daily limit, embarking on a strong five-day market. The company's stock price also broke through 1,000 yuan, becoming the second stock in the current A-share market to exceed 1,000 yuan. Among listed companies, another stock is obviously Mao Tiao.
After the market closed, Lingjing Technology’s share price closed at 1,141.72 yuan, with the corresponding market value reaching 991.013 billion.
After the five-day board, Lingjing Technology continued to rise on the next trading day, with the largest intraday increase reaching +10.88%. The stock price reached its highest point at 1,265.89 yuan. However, it fell back after rising higher in the afternoon, stopped at the five-day board, and finally closed up +4.30 %, reported 1190.79 yuan.
Today, Lingjing Technology officially exceeded one trillion, with an after-hours market capitalization of 1,033.605 billion, and its highest intraday market capitalization reached 1,098.792 billion.
[You can achieve a market value of trillions in one go, what a great idea! ]
[The number one stock on the GEM market value changed hands, King Ning went offline, King Ling was crowned, it’s the era of King Ling that’s coming! ]
[Five boards in six days, the cumulative increase in the six-day period is +175.89%. It’s really bullish, even the monster stocks dare not rise like this. ]
[I didn’t dare to go up to the third board because my thighs were so swollen! ]
[I dare to buy it, but I can’t afford it. I can’t even afford it now. One share costs more than 1,100 yuan, and one lot costs more than 110,000 yuan...]
[I beg Brother Xiao to split the shares, even if you split them into ten, so that you can afford it at more than 100 yuan per share. It is best to split it into one hundred, at 11 yuan per share. Anyone who can buy the GEM can afford it! ]
[I second the motion! ]
[In this trend, there are hundreds of billions of plates, and the 20cm board directly beats the five boards in six days, which is so awesome! ]
[Who would have thought that nine months ago, the stock price of this stock was only 0.42 yuan, with a market value of less than 365 million yuan, and now it has reached 1,265.89 yuan, with a market value of over one trillion yuan. ]
[Oh my God, Ward, from the lowest point of 0.42 yuan on August 31 last year to today, the cumulative increase has reached +301302.39%. In fact, in less than 9 months, it has increased by a full 3013 times. Even at that time, it was casual If you buy it for a few thousand yuan and leave it alone, you can still earn 10 or 20 million in blood. If you buy it for a few thousand yuan, you can become rich and free. ]
[When I opened the K-line of this ticket and saw that the trend K-line of the previous two and a half years was directly suppressed into a horizontal straight line, even the 50.50 yuan, which was known as the top of the universe at that time, is now just a small fluctuation. ]
[Not to mention 50.50, it is the historical high of 421.23 at the beginning of the year. It is a buying point now, but it has doubled now. It is estimated that you will not be able to buy such cheap chips in the future. ]
[Trillion Spiritual King, Brother Xiao’s net worth has soared to 560 billion, and the richest man in the country has also changed hands. ]
[Oh my god~, this is the 29-year-old richest man. Can you believe such a young rich man? Brother Xiao pushed the age of the youngest richest man to under 30 years old. This is unprecedented. He accidentally witnessed history! ]
……
The most popular person in the technology circle this year is undoubtedly Xiao Yu.
The speed of his rise is also amazing. In the first half of last year, Xiao Yu was just a small Kalami-level figure in front of Rebus and other big bosses. At best, he could only be regarded as a person in Linzhou City. Outstanding young entrepreneurs.
Moreover, it is still troubled and even faces the risk of being wiped out by capital.
As a result, in less than a year, even Rebus has come to visit, and major technology companies such as Huawei and Xiaomi have come to actively seek Lingjing technology cooperation.
The big guys he once looked up to came to ask for cooperation, and Xiao Yu himself became a top big shot in the technology circle.
He is also the most popular figure at the moment. He has risen from an outstanding young entrepreneur in Linzhou City to a leader of young entrepreneurs in the technology circle. The media has also gathered to report news related to him, and has paid special attention to him in a short period of time. His net worth and wealth skyrocketed, and he became the youngest richest man in China in history.
……
(End of chapter)