Reborn in 2011, 985 missing from two copies

After the investment was negotiated, Shopkeeper Wang felt refreshed and then asked cautiously:

"Director Wang, could you please inquire whether you intend to hold BYD's shares in the long term or in the short term..."

this point is very important.

Targeted holdings generally have a lock-in period, such as three months, half a year, or one year.

However, the lock-up period regulations for Hong Kong stocks only restrict controlling shareholders and cornerstone investors.

The controlling shareholder naturally accounts for more than 50% of the shares.

The BYD shares invested by Wang Yi accounted for 10% of the total shares, and they were divided into two accounts.

The first HK$20 billion is Xingyi Technology's investment, and the next HK$15 billion is Wang Yi's personal investment.

It's far from 50% holding.

Cornerstone investors are first-class institutional investors, large corporate groups, and well-known wealthy people or their affiliated companies.

For example, Buffett is a typical cornerstone investor.

But the current Wang Yi is far worse than Buffett, and can't be counted at all.

Moreover, the general lock-up period for cornerstone investors is only three months, which does not affect Wang Yi’s partial reduction of holdings after three months.

Faced with Shopkeeper Wang's concerns, Wang Yi waved his hand:

"Don't worry, I am optimistic about BYD in the long term, but the 35 billion cannot be kept there all the time. However, I can guarantee that I will only reduce my holdings when BYD is doing well. I will not reduce my holdings when BYD is doing bad! At the moment, Xingyi Technology We are just starting out and there are many places where we need money, so I hope you understand.”

"Understood, absolutely understood!" Shopkeeper Wang breathed a sigh of relief.

Wang Yi is not Buffett, and he is not extremely rich.

Being able to spend 35 billion to invest in BYD is a big help to BYD.

When the future is good, it is normal for Wang Yi to reduce part of his holdings. After all, the development of Xingyi Technology will also cost money.

Moreover, when times are good, some of the holdings are reduced and some are taken over, so there is no need to worry about the stock price plummeting.

As long as Wang Yi doesn't reduce his holdings and hit the market when it's bad, that's fine.

Wang Yi continued: "In addition, if Xingyi Technology makes money next year and BYD is negative, I will consider continuing to increase my position and bring back the stock price! I am optimistic about BYD in the long term!"

Hearing this, Shopkeeper Wang's eyes lit up: "Dr. Wang, thank you, thank you so much!"

Neither Wang Yi nor shopkeeper Wang are optimistic about BYD's future expectations.

The automobile industry is sluggish and official subsidies have been cancelled. BYD's current profits have dropped by about 90% compared to the same period last year, and will continue to plummet within a year.

According to internal assessment, profits in the first quarter of next year will fall by about 90% year-on-year.

Even if Wang Yi's 1500 million battery orders and anti-freeze batteries can increase some revenue, BYD's financial report for the first quarter of next year will not be much better.

After all, if you want to sell more antifreeze batteries, you have to increase production capacity, add production lines, invest in building new factories...all of which cost money!

After deducting these investments and then deducting R&D costs, within one year, the profits of the antifreeze battery business will not be higher.

The home appliance and computer businesses that BYD focuses on will all be defeated next year, with only investment and no output.

The success of one small business cannot save the loss of two big businesses!

In addition, in April next year, when the news of Buffett's cancer came out, BYD's Dinghai Shenzhen was shaken, and the industry was panicked!

Both institutions and retail investors will be bearish and sell off on a large scale.

Coupled with the confusion among BYD's internal executives, who resigned and cashed out, the situation was even worse.

If that were the case, that would be fine. On May 6 next year, an E electric car was rear-ended at high speed and caught fire, resulting in the death of many people...

This incident caused the public to question the quality and safety of E6.

E6 sales dropped sharply, causing BYD's stock price to plummet again.

So much heavy-weight negative information, Wang Yi's investment in the company, and the minus-10-degree antifreeze battery business cannot save BYD.

Therefore, Wang Yi decided to reduce his holdings of some BYD shares held by Xingyi Technology at a high level during the good times next February and disclose them to the outside world for the business expansion of Xingyi Technology...

Coupled with the good news in February and the fact that Wang Yi has not reduced his BYD shares at all, he is optimistic about BYD.

This small-scale reduction will not have much impact.

When the time comes, we will sign a big order with BYD to stabilize the stock price.

The investment community and stock investors will not panic.

When Buffett was diagnosed with cancer in April and the subsequent May 5.26 incident, BYD's shares fell to the bottom, Wang Yi entered the market strongly and continued to increase his position in BYD, which could actually boost the market and increase BYD's share price.

When the stock price was booming, some of its holdings were reduced, and the impact on BYD was limited.

BYD would also be very grateful if it strongly increased its position when the stock price avalanched and provided help in times of need.

Wang Yi buys stocks just to make money, not to become a saint.

There is no need to reduce holdings in February before taking advantage of the good times, knowing that the stock price will fall in April.

As for what the good news was in February, Wang Yi couldn’t remember.

I just remember that in February next year, BYD’s share price rose to HK$2.

Now with Wang Yi’s investment and large battery order, it may soar to HK$30.

However, with the news of Buffett's cancer in April and the continued serious decline in performance, BYD's stock price will plummet again.

As soon as the Dinghai Divine Needle moved, the sky collapsed and the earth shattered.

This is the power of Buffett!

As for the issue of battery order payment, that's even easier to say.

To buy components from international giants such as Qualcomm and Sony, Wang Yida had to pay in advance and make reservations.

But for domestic suppliers like BYD, it doesn't matter.

If you pay after the goods arrive, or even pay quarterly, you are a quality customer!

There are more monks than meat in China, and the mobile phone brand owner is Party A’s father.

In addition, Wang Yi is BYD's major shareholder. If BYD is not short of money, Wang Yi can pay it half a year.

But now that BYD is short of money, it is better to pay the goods the same month after the goods arrive.

In the afternoon, Wang Yi followed Shopkeeper Wang to visit BYD's battery factory and automobile factory.

Although compared with the electric vehicle giants of later generations, the current BYD is still a little behind.

But the future is promising.

In addition to its automotive, battery and photovoltaic businesses, mobile phone foundry is also one of BYD's main businesses.

BYD Electronics has mobile phone OEMs in Shenzhen, Tianjin, Huishi, Asan, Hungary, Romania and other countries.

Currently, many brands of mobile phones are OEMed by BYD.

For example, the Shenzhen factory has an annual production capacity of 2000 million units!

If the follow-up Xingyi mobile phone is a hit, BYD can also be considered as an OEM.

As for the factory promised by Director Qin, Wang Yi didn't know how much production capacity it had.

When I return to the imperial capital, I have to pay a visit to Director Qin and ask for some benefits!

After all, Wang Yi has poached so many semiconductor experts and elites from the empire and Taiwan, and is preparing to vigorously develop semiconductors. Should he be given some rewards?

As for what kind of reward he wants, Wang Yi has also thought about it clearly.