Reborn in 2011, 985 missing from two copies

Wang Yi made a fortune by investing in BYD!

At first, BYD was at a low point and no one was optimistic about it. Wang Yihao spent HK$35 billion to buy 10 million shares of BYD at a price of HK$3.5 per share.

Later, it sold a total of 50 million shares at prices ranging from HK$70 to HK$3.2 in multiple transactions, cashing in a total of HK$200 billion.

Bought for 30 billion and sold for 200 billion, making a total profit of 170 billion!

It was with this money that Wang Yi ordered 55 DUV lithography machines!

Now the remaining 30 million shares are just a handful and will not have much impact.

Moreover, no matter how much BYD’s stock price falls, it is unlikely to fall below HK$10, so Wang Yi will not suffer any loss.

Just like the group of people who bought houses in Jeju before the first half of 2016 in their previous life, no matter how much the housing prices fall, they will never go back to 7000!

However, Wang Yi has his own principles. He has earned 170 billion yuan from BYD. Now that BYD is in trouble, Wang Yi will not sit idly by.

The promise he made to Manager Wang, "Wang Yi will help when a crisis occurs," has always been valid.

Sure enough, not long after, Shopkeeper Wang called:

"Mr. Wang, I'm sorry, BYD is in crisis, I..."

Wang Yi had anticipated this: "Ebbs and flows, ups and downs, are all normal. It's okay. No matter how bad this time is, I will stand firmly with BYD. Don't worry, I will not sell a single share of my stock at this time, no matter how low it falls."

"Mr. Wang, thank you, thank you so much!" Shopkeeper Wang was very grateful.

Now BYD is in crisis and even on the verge of bankruptcy. No one is willing to help BYD, but instead everyone is trying to add insult to injury.

Even many previous shareholders began to frantically sell off their holdings, cash out, and run away.

After all, if you run now, you still have 21 Hong Kong dollars. If you run too late, you may only have 11 Hong Kong dollars left. Wouldn’t that be the end of you?

But what about Wang Yi?

Not only will they not reduce their holdings, they will even offer assistance.

With such great kindness, Shopkeeper Wang didn't know what to say.

Wang Yi, however, did not care: "It's just a small matter. The current crisis will last for at least a few months. It can be said to be a long process. Let's work together. So, you just hold on and get through this period. I will prepare the funds here. If you can't hold on for a while, I will invest another 50 billion in you, hoping to ease the investment market's confidence in BYD!"

"Okay, Mr. Wang, thank you so much!" Shopkeeper Wang burst into tears of gratitude.

At this time, BYD’s stock is a hot potato. No one is willing to take it over. Instead, everyone is selling it frantically.

After all, everyone knows that if this wave continues, BYD Auto will be ruined.

Once BYD Auto is obsolete and only BYD Electronics is left, it will be completely over.

But Wang Yi not only did not sell the remaining stocks in his hands, but on the contrary he invested another 50 billion!

For BYD, this is a great benefactor who saved the day.

But from the outside world's perspective, this is just like jumping into the crematorium and burning the money!

In everyone's opinion, BYD will not be able to survive this wave of crisis, and BYD's stocks will become worthless in the future.

But Wang Yi knows clearly that BYD will definitely survive this wave and will have a bright future.

"This is a previous promise, and it is still valid." Wang Yi said calmly: "You don't have to be too anxious. After the storm, there will be sunny days. We will get through it."

"Thank you."

Until the end of the call, Shopkeeper Wang was filled with emotion.

Before this, he made several phone calls, hoping that the other party would be willing to invest in BYD and help BYD overcome the crisis.

But unfortunately, no one is willing to take action.

Even Buffett rejected it outright.

This made Manager Wang very helpless, but he did not expect that in the end it was Wang Yi who was willing to support him again, and it was a huge sum of 50 billion Hong Kong dollars!

As long as it is managed properly, with the 50 billion yuan, BYD's situation will be much better and it will be more confident in overcoming the crisis.

Moreover, with Wang Yi’s reputation in the investment industry, whoever you invest in will see profits!

Once Wang Yi invests in BYD against the trend, it is possible that capital and shareholders will follow Wang Yi and invest in BYD against the trend.

In this way, it is possible for BYD to survive the crisis!

This favor is too great.

Of course, this has to work. It has to be announced strongly when BYD’s stock price reaches a low point, which will drive up the price!

BYD’s stock price is still falling now, so even if the announcement is made, it will not mean much.

To put it bluntly, you have to wait until the bottom to buy.

No one will take action now unless the bottom is reached.

The exhibition building of Meiyu Technology Park, or to be more precise, the exhibition center.

Now the exhibition building has been renamed as exhibition center.

Song Si Ning approached Wang Yi: "Chairman, there are a lot of reporters outside. I think it's about BYD. They want to interview you!"

"Well, that's expected. So, let's invite them in and hold a press conference. It will be a good opportunity to build momentum for the new product launch!" Wang Yi said.

Song Si Ning's eyes lit up: "This is great. Not only can it express our attitude towards BYD, but it can also take the opportunity to promote our new product launch conference."

"It can also divert public attention from the BYD spontaneous combustion incident to the Xphone 2!" Wang Yi said with a smile.

"Great!" Song Si Ning gave a thumbs up: "I'll arrange it right away."

Ten minutes later, all media entered the exhibition center and conference hall.

Wang Yi attended the event in person. The scene was in chaos, with many reporters talking at once and wanting to ask questions.

Wang Yi waved his hand, signaling everyone to be quiet:

"Don't worry, everyone. The reason we can hold a press conference today is to communicate all issues openly and honestly. Don't worry, come one by one!"

Instantly, everyone raised their hands.

Wang Yi randomly pointed to a male reporter, who immediately said:

"Mr. Wang, what do you think of the BYD spontaneous combustion incident? Is it a product quality issue? Is it a disregard for human life?"

Wang Yi waved his hand and said, "The spontaneous combustion is caused by many factors, but I don't think it is a product defect. It is common sense that before a car is put on the market, it will pass the inspection of relevant departments. The fact that the E6 can be successfully put on the market means that there is no problem with its quality."

"If there is no problem, then why did it spontaneously combust?" someone else asked.

"There are many reasons. We can wait for the results of the investigation by the relevant departments to find out the specific reasons. If spontaneous combustion in a car accident is a quality problem, then is it also a quality problem that sometimes gasoline trucks spontaneously combust in car accidents?"

"Mr. Wang, are you defending BYD so much because you invested in BYD?"

"No, I just think highly of BYD and trust the relevant authorities."

"Mr. Wang, would you like to try out new energy vehicles?"

"New energy vehicles are the future development direction. They can make our lives better. I am willing to experience them."

"Mr. Wang, will you continue to sell off your BYD shares?"

“We will not reduce our holdings.”

"Why? Everyone is saying that BYD's stock will continue to fall, even to single digits."

“Because I am optimistic about BYD.”

“Will you increase your holdings of BYD shares?”