My fintech empire.

Chapter 1354 [STAR5 first weekend sales]

A lot of funds started to enter the market today. Market participants generally believed that the 50 point drop of the Xinzheng 3640.95 Index last Friday was the bottom of this round of correction. The correction from 4085 points was a cumulative adjustment of about 10%. Even referring to the past few adjustments, they basically bottomed out and rose again after such a large adjustment.

Another important factor that makes market participants believe that the bottom has been reached is, of course, the emergence of Starry Technology's STAR5. This means that the domestic semiconductor industry chain has achieved a technological breakthrough, and most of the leading companies in the field are subsidiaries of Qunxing Holdings. Half of these companies have now landed on the SGX market.

There is no doubt that the market driving force brought about by this technological breakthrough is amazing and has infinite room for imagination.

The semiconductor sector has now entered a daily limit surge, and some miscellaneous stocks in the two neighboring cities have also benefited from the sector and taken off.

At around 10:20, the share price of Xingyu Technology had risen to 8 percentage points, and some funds tried to close the limit on this giant. You have to know that this is a company with a market value of nearly 8 trillion yuan. The daily trading volume in normal times is 8 to billion yuan. Today, the trading volume will definitely exceed billion yuan. If it hits the daily limit today, it can return to the trillion yuan market value mark again.

Not long after, a piece of news came with a great assist.

Investors saw a pop-up window in the market software pushing a piece of Cailianshe news: [Xingyu Technology announced the sales of STAR5 mobile phones in the first three days of the weekend. The cumulative sales of this flagship model in three days reached 1355 million units. ]

As soon as the news came out, the share price of Xingyu Technology surged upward, hitting the upper limit price ten minutes later, and the market value returned to the 8 trillion mark.

The stock forum comment section is extremely lively at the moment.

[Wow, sales of 1355 million copies in three days, unbeatable!]
[That’s about 1200 billion in three days, and 400 billion in one day. Amazing!]
[Xiaomi’s shipments in the first half of this year are over 2600 million units. Wow! This is equivalent to the monthly sales of Xiaomi phones not being able to match the daily sales of STAR5!]
[The King has returned, truly worthy of his name.]
[In the first half of the year, the green factory ranked first in sales, with more than 3800 million units shipped. I believe that STAR5 will give its competitors another half a year to directly rank first in the space sales list this year. The sales of STAR5 will definitely explode this year, because many hardcore users who have been using 3 and 4 will definitely change their phones. It has been four years since it exploded. It is so terrifying.]
[It turns out that only the STAR series can beat the iPhone. Other mainland mobile phone manufacturers have given them four years, but none of them can shake the fruit machine.]
[Haha, I heard that Xingyu Technology was beaten up by Amei, and some people even opened champagne to celebrate. Do you count on these people?]
[Go, go, go, Xingyu Technology’s target price is 10 trillion market value, go for it! With the STAR phone in the left hand and the MIX headset in the right hand, with two hot-selling products in hand, is it reasonable for the market value not to reach 10 trillion?]
[It is certain that it will break 10 trillion, it just depends on when it reaches that level.]
[Don’t forget, Xingyu Technology is still preparing for a big move. I feel that new energy vehicles will also sell well.]
[Honestly speaking, if I, as a competitor, saw that Xingyu Technology was investing hundreds of billions of yuan every year in the new energy vehicle market, I would definitely be very panicked. This is equivalent to the R&D investment of other manufacturers for ten or even more than ten years, but Xingyu Technology only managed it for one year, and after so many years of hard work, there is no sign of a product. I don’t believe that Xingyu Technology is not preparing a big move.]
……

Today, all three major A-share indices ended in the green, with the market showing an overall upward trend. Among them, the Xinzheng 50 Index led the gains significantly and directly stood above the 3800-point integer mark in one breath.

As of the close, the SGX 50 Index rose +3.72% to 3845.57 points; the Shanghai Composite Index rose +2.47% to 2815.11 points; the Shenzhen Component Index rose +2.80% to 9160.62 points. The total transaction volume of the three major trading markets was 9763 billion, of which 3260 billion was in the Shanghai and Shenzhen markets and 6503 billion was in the SGX market.

Who is the mainstream and the backbone of the A-share market can be seen from the trading volume.

Taking the Shanghai Stock Exchange alone, today's trading volume is 1357 billion, which is not even as good as the full-day trading volume of Xingyu Technology, a listed company. Today, the trading volume of this stock reached a huge amount of 1377 billion, accounting for 21% of the volume of the SGX market and 14% of the volume of the entire A-share market.

……

Qin Feng’s office at Xingyu Technology Headquarters.

At this moment, Fang Hong was sitting on the sofa in the lounge area with his legs crossed, his body slightly leaning to one side, his elbows resting on the armrest of the sofa. He looked at Qin Feng and said with a smile: "The domestic semiconductor industry chain reached a consensus yesterday. The price of domestic chips has dropped tenfold. It should be implemented soon. We are going to smash the Western semiconductor industry chain with one punch."

Qin Feng was stunned and said, "This is too cruel. This means that I will not be able to survive."

Fang Hong said calmly: "We should give them a taste of what it's like to be in the darkest hour, so that they can understand how we have been through these years."

After a moment, Fang Hong added: "I came here today to inform you that this matter also requires the assistance and cooperation of Xingyu Technology."

Hearing this, Qin Feng asked: "How can we cooperate? Lower the price?"

Fang Hong nodded: "Yes, the price of chips has dropped tenfold. How much extra profit can you make by selling the STAR5 mobile phone at the current market price?"

Qin Feng roughly calculated for a moment and answered: "20% is definitely possible."

Fang Hong immediately said: "Your profit will remain the same, but you don't need to keep the extra 20% of the profit, and give it to the general consumer group. In addition, I suggest that you refund 5% of the money for the STAR20 phones that have already been sold to these users. This will definitely lead to a surge in product reputation and further stimulate a surge in sales. The actual profit may not be able to offset the 20% profit from the price reduction."

After thinking for a moment, Qin Feng also felt that it made sense, and nodded immediately: "No problem, how can I cooperate?"

Fang Hong said: "When the domestic semiconductor alliance announces a tenfold price reduction for chips, you will be able to follow suit seamlessly."

This wave of 20% price cuts on mobile phones is not about tricks, but emotions. The main idea is to exchange sincerity for sincerity. In the current atmosphere of refined self-interest, sincerity, which was originally a basic quality, has become a precious thing.

Many of the companies under the Qunxing Group have been able to achieve great success because of their sincerity, such as agricultural product supermarkets.

At the same time, many international semiconductor manufacturers have dismantled a number of STAR5 phones for research and evaluation. There are also various rumors online that major international manufacturers have secretly transferred technology, which makes Beimei Baigong wonder if there is a traitor.

Therefore, technical experts were organized to conduct strict testing immediately, and the results showed that no Beimei-related technology was found in the STAR5 phone. In addition, from the process details, the chip processor of the STAR5 phone was designed and manufactured using a technology that was unfamiliar to Beimei, which was completely different from Beimei technology, and many Beimei technical experts did not believe that such technology existed.

……

(End of this chapter)