#120 - Chapter 120: Huge profit of 26 billion US dollars! Car companies are preparing to become the
Online banking existed long ago, although it wasn't very widespread. Li Ju, however, was using it.
She turned on the computer.
Logged into the online banking page.
Li Ju frowned: "There's no deposit."
"I knew it!"
Xia Qingyan curled her lip: "Tens of billions? He's just joking. How much money the company makes, how could I not know?"
Li Ju casually refreshed the page.
Suddenly!
Her eyes widened, and her voice trembled noticeably: "President Xia... There's a sum of money..."
3.3 billion US dollars.
Divided into more than a hundred accounts, shorting multiple North American tech stocks.
Over the past month, the selected tech stocks had varying degrees of decline.
The least declined by several dozen points.
The most declined by more than double.
The average decline was 70%!
Which meant that an investment of 3.3 billion US dollars yielded a profit of about 2.3 billion.
But!
What if a ten-fold leverage was added?!
When Li Ju saw the astonishing amount of money transferred from overseas virtual accounts, she was completely stunned.
Less than a month ago, she was still working as a finance manager in a company in Shenzhen.
That company had a good business.
The turnover for the whole year was tens of millions.
She thought that was already a lot.
It wasn't until she was headhunted by her nephew to work for Hanteng Capital that she realized what it meant to be richer than a country.
SP4 overseas orders exceeded 10 billion.
The deposit exceeded 3 billion US dollars!
A few days ago.
The SP4 technology and patents were sold to Morgan Group for a profit of 18 billion US dollars!
Her understanding was refreshed again and again.
Today.
It was refreshed again!
More than 26 billion US dollars instantly appeared in the account.
At this moment, the funds in Hanteng Capital's company account reached a massive 31 billion!
"What's wrong?"
From Li Ju's reaction, Xia Qingyan realized something was wrong and quickly walked over to her, looking at the computer screen.
Then, she froze.
She blankly raised her fair hand.
Blankly covered her mouth with her hand.
31 billion!
US dollars!
Equaling more than 250 billion Chinese yuan!
That guy wasn't lying to her?
What he said was true!
Which meant that the boss's personal assets were now approximately equivalent to five times the combined wealth of the top ten richest people on the Chinese rich list!
At this moment, the phone rang.
"Hello..." She answered the phone.
"Sister Xia, where are you?" Chen Hao asked with a smile.
"At the company... with President Li."
"What a coincidence?"
Chen Hao chuckled: "Has the money arrived?"
"It has..."
"Are you relieved?"
"I am..."
"Can I spend money from now on?"
"Spend it however you want..."
"Okay, goodbye."
Chen Hao hung up the phone, and Xia Qingyan on the other end slowly came to her senses.
Spend it however he wants?
She said that subconsciously because she was confused.
Would he go crazy and spend it all?
More than two hundred billion Chinese yuan.
In China in 2000, no matter how others spent it, they couldn't possibly spend it all.
But if it was the boss...
More than ten billion US dollars were spent in a few days.
How long could more than thirty billion last?
Hard to say!
On the other side.
After Chen Hao finished the call with Xia Qingyan, the Mercedes-Benz just happened to stop outside the hotel.
...
Jinling Hotel.
A conference hall was chartered, and people entered one after another.
Many of these people knew each other, and even if they hadn't met before, many had heard of each other's names.
Inevitably, there was a round of greetings.
Just...
They all had one thing in common.
Either the old factory had closed down.
Or it had been restructured.
Thus, they were all laid off.
Judging by their clothes: of course, they had to put on their best clothes to attend the mayor's invitation, and they looked clean and tidy, but the style of the clothes... was from many years ago.
After being laid off, they had hardly bought new clothes, and their quality of life was deteriorating.
"Teacher Sun, you're here too?"
"Old Sun! I knew you wouldn't be missing!"
Many people greeted Sun Hongxing.
After all.
Back then, he was a top-notch technical engineer in the 924 factory, and he was well-known in other factories as well.
Only he himself knew how ridiculous his former reputation was.
These days...
Money is the most important thing!
When a braised pork becomes a luxury, what is an engineer? A joke?
At ten o'clock in the morning.
The invited people arrived.
Then, a group of several people walked into the conference hall.
When he saw the former technical backbones of the old factory, Mayor Liang sighed secretly in his heart.
The country was too poor and had to reform.
But reform meant change, meant drastic corrections.
These people in front of him, how glorious they once were, how down and out they were now.
Even.
Many people looked emaciated.
"Everyone!"
Mayor Liang stepped onto the stage and said in a deep voice: "I won't say any extra words, I'm bringing good news today!"
"Our city will have a large automobile manufacturing plant落地, and it needs a large number of technical elites."
"I'm just an observer, the main character is the investor."
"Let's welcome Mr. Chen Hao!"
唰!
Numerous eyes locked on Mayor Liang's side.
There was a deputy mayor.
There was a secretary.
Even Bank President Meng was here.
Hundreds of technical backbones from the old factory couldn't recognize all the people beside Mayor Liang and secretly guessed who the investor was.
Obviously.
The one who looked most like an investor was Meng Changping.
Dressed in a suit and leather shoes.
His attire was very impressive.
But everyone noticed that Meng Changping was watching a young man under twenty years old the whole time.
"Hello everyone, my name is Chen Hao."
Chen Hao stepped forward.
What?!
Mr. Chen Hao in Mayor Liang's mouth...
Are you kidding me?
A child investing in a car factory?
Soon, everyone understood.
The young man was speaking on behalf of his elders, a representative sent by a big family, the legendary second-generation rich.
"I won't say much emotional words."
Chen Hao smiled faintly: "The new company is called Shenzhou Automobile, and my only goal is—global number one!"
"Next, let's talk about the basic treatment."
"All technical personnel will start at a monthly salary of 3,000."
More than a hundred people were instantly stunned.
Starting at 3,000?
And that's just for the lowest-level technical personnel?
You should know that they used to earn only a few hundred yuan a month in the state-owned factories, and the most was only a thousand or so.
In other words.
The starting salary is increased by three or four times!
Just...
While some people were excited, they were also a little worried.
Like Sun Hongxing.
Having suffered the hardship of being laid off, now that he finally had a new job, he would definitely go all out.
But he was hoping this job would be stable!
A little kid running a car company?
How long can it last?
If things go wrong, he'll be laid off again, right?
"Next, a technical team will be formed to tackle all aspects of the field."
"Not just cars, but also related industrial chains."
"Such as machine tools!"
"Such as audio, lighting, etc.!"
Building a car is not just a simple car, but a huge industrial chain.
Without a doubt, most fields of Chinese industry are in a very backward state.
How can we build good cars without solving these problems?
"Which one is Sun Hongxing, Engineer Sun?" Chen Hao looked at the crowd.
He had learned in advance about the top technical personnel in different fields of these old factories.
"Mr. Chen, that's me."
Sun Hongxing stepped forward.
"Engineer Sun, please come over here."
Chen Hao smiled and took a few blueprints from Ren Xue's hand.
Ren Xue had arrived in Jinling earlier than him and was responsible for handling a series of procedures for the car company. The two finally met this morning.
"This is the machine tool I designed."
"You are the expert, I just want to ask one question."
Chen Hao spread out the blueprints and placed them in front of Sun Hongxing: "Given sufficient funding, how long will it take you to complete the research and development and production?"
At first.
Sun Hongxing had been worried about the car company going bankrupt.
Until this moment...
His eyes froze.
Staring intently at the blueprints.
