Rebirth 1990: I have three golden fingers

Many media reporters went to Xinghai Group to interview Fang Bai, but Fang Bai was no longer in the country.

On May 11, he got on a plane to Los Angeles, met with Sun Yan at Scoop Company, gave the other party a favorability score that could last for ten years, and discussed the decoding chip.

Only stay in Los Angeles for half a day, and then transfer to N.

After another flight, Fang Bai finally arrived at Wall Street and stayed at the Four Seasons Hotel.

Before coming, he saved the number of detections and accumulated a hundred people.

This trip to Chou Country will not last long. I will return to China after finishing my errands. There are still many things to do at home.

It is now 1994, not far from the 1997 financial crisis. Fang Bai needs to make some preparations for the future, build more connections, and have fewer enemies in the future.

If you can trick Soros, that would be great.

After resting, Fang Bai came to the investment company office the next day.

Currently, the company has a total of more than a dozen employees.

His arrival was warmly welcomed by all employees, but also a little uneasy.

Fang Bai first asked fund manager Simons to make a work report and understand the status of the stocks he held.

The average price of Microsoft stock reached US$770 per share when I bought it last year. At the time of the last report, it fell to US$655 at the bottom, and the highest was only US$750. It is currently rising well, reaching US$950.

When Fang Bai heard this, he felt that the Microsoft era was coming!

Currently, the company has purchased approximately US$200 million in Microsoft stock.

Intel INTC, when I bought it, reached US$4,000 per share (calculated after restoration of rights). When the last report was made, it had risen to US$5,200. It reached a high of US$5,600. It is currently around US$4,500 and has fallen.

The most purchased stock is Cisco, with the average price at the time of purchase being around US$350. At the time of the last report, it had risen to around US$590, and now it has fallen again, to only US$450.

At the beginning of the year, the book value of the three stocks had reached US$1.6 billion, and they had made a lot of profits, up 45% from the time when the position was established.

But currently, due to the large number of Cisco stocks held, the book value has fallen. If all customers withdraw cash, the interest expenses will be just equal.

In other words, in the past year, I didn't make a dime, and my work was in vain.

The good thing is that no customers have withdrawn their principal yet, only individual customers have withdrawn their interest, which has little impact.

Some time ago, the company received another US$200 million investment from Citigroup, but there is no investment for the time being.

After reading the report, Fang Bai solemnly explained: "The funds we hold in the three stocks of Microsoft, Intel, and Cisco will be invested according to 5:2:3, and we will continue to increase investment."

"Okay, I understand!" Simmons didn't hesitate and just listened to his boss.

I went to Huaguo and was shocked when I learned about the boss’s industry and deeds.

Although I don’t quite understand why the boss insists on investing in these three stocks, they are still in a low-profit trend, which is better than his investment analysis.

If the interest rate hadn't been higher, it would have been profitable.

Fang Bai checked that his favorability was still at 85. He had done a pretty good job and had learned a lot of Chinese. He was a rare trustworthy subordinate. He encouraged him: "Simmons, believe me, after a few years, I will give him You are a treasure.”

When Simmons heard this, his eyes lit up and he was still very moved: "Thank you boss for your trust. I am doing well now."

There is nothing dissatisfying about letting him manage such a large amount of money. His reputation is quite famous on Wall Street.

Although he does not have the authority to touch large account funds, he can still allocate tens of millions of dollars.

Fang Bai nodded in approval and said, "During this period, please accompany me to visit customers. We need to attract more investment."

"Okay!" Simmons cheered up.

He followed the boss to visit customers and witnessed the boss's magical eloquence, which could easily deceive customers. No, he moved customers to invest in them.

It is precisely because of this that he has gained many connections and has become a well-known fund manager on Wall Street.

"Well, after this is done, your salary can be increased by 20% and you will be equipped with two bodyguards."

Simmons smiled happily and said in surprise: "Thank you, boss!"

Fang Bai only stayed in the company for half a day. After understanding the company's business situation, he took Simmons to visit partners in the afternoon.

Wall Street is not big, Fang Bai has limited time and pays attention to efficiency. In one afternoon, he visited three companies and secured tens of millions of dollars in investment.

In the next ten days, Fang Bai took Simmons with him to visit hundreds of elite investors on Wall Street, including fund managers, company directors, bankers, etc.

At Goldman Sachs, Fang Bai secured an investment of US$200 million;

At Morgan Stanley, Fang Bai received an investment of US$150 million;

…

Once born, twice familiar, it was much easier for Fang Bai to attract investment this time than the first time, and he received a total of US$2.05 billion.

These funds were broken into pieces and poured into the stock market every day, buying shares of Microsoft, Intel, and Cisco at a ratio of 5:2:3.

In other words, Xinghai Investment Company holds a total of approximately US$3.35 billion in principal from clients, and still owes RMB200 million in interest.

The daily trading volume of these three stocks is more than one billion US dollars, and Xinghai Investment Company's position-building funds are nothing after being reduced to zero.

After Fang Bai finished this matter, he felt much more relaxed and didn't plan to continue struggling. There was only so much investment he could get during this period.

When he was communicating with senior executives of Goldman Sachs Group, the other party heard that he was still in college and asked him if he had any idea of ​​going to Harvard University for further studies.

Fang Bai refused. With so many industries in China, he had no time to study abroad.

If you were an ordinary person, you would probably be ecstatic and eager to enter the school right away.

Going abroad is difficult these days, but for Fang Bai, it is a trivial matter.

In addition to the financial gain, Fang Bai also gained 65 connections, bringing the total number of connections to 620, which is only 20 away from being upgraded.

The ring finger detection used this time was used many times on acquaintances, so not many new contacts were gained.

Even though there were only 20 connections left, Fang Bai had to stay in Chou Country for at least four days.

He has visited various investment companies on Wall Street, and Fang Bai's reputation is already famous on Wall Street.

The world's youngest rich man and business genius can also be ranked among the top 100 in the world in terms of personal wealth.

Located in Chinatown in southern Manhattan, it is the largest Chinese community in New York and has many Chinese restaurants, shops and entertainment venues.

There are naturally many Hua people who can work on Wall Street, and their status is naturally much higher than that of ordinary Hua people.

In recent times, Fang Bai has frequently visited various Wall Street institutions to solicit investments. Word has spread to Huaren Street, and many Huaren people are discussing him.

"Fang Bai is thriving in China. Unexpectedly, he is still thriving in a foreign country."

"Is he so charming?"

"Not talking about Wall Street, you played basketball in the NBA last year and caused a sensation in the NBA. Don't you know?"

"Well, I forgot about that, this guy is an investment geek."

A Huachen is respected by the big guys on Wall Street, and they are naturally proud.

For example, ask a foreigner on Wall Street: "Do you know Fang Bai?"

"Of course I know him. I guess he doesn't know me. The senior management of our company has a very good relationship with him. He also has many investments in Xinghai Investment Company."

At the end of May, Fang Bai returned to Shanghai.

I was exhausted and rested at home for two days.

Qin Shuyu graduated from the undergraduate program this year and has confirmed her postgraduate qualifications and will continue her postgraduate studies at the University of Finance and Economics.

Recently, she has been interning at Xinghai Group, helping Fang Bai handle financial matters.

On the morning of June 3, Fang Bai came to the company.

There are already two stacks of documents on his desk, waiting for him to process them.

While he was processing the documents, he asked his secretary Xu Kun to report recent important events to him.

"Chairman, the Shanghai stock market is slightly stable, and the guidance has returned to 600 points. People in Shanghai say you are the savior of A-shares..."

"On May 17, Mayor Lu came to the company once, but you hadn't returned home yet. You didn't say anything. Mr. Li entertained you, but Mayor Lu left after less than half an hour."

"On May 22, Gangcheng Yishi Group called. Vice President Gan Sen planned to visit you to discuss investment. The other party left a phone number."

"The time for this year's Shanghai International Industrial Exhibition has been announced. It is on July 10. Our company received an invitation letter from the government."

Fang Bai's memory is very strong. He can write down these things while listening to Xu Kun's talk while handling affairs.

Xu Kun was afraid that he would not understand clearly, so he deliberately slowed down his speaking speed to report.

"How were VCD sales in May?"

"The data on the last day has not been released yet, but it is estimated to be 450,000 units."

"How is the villa selling? I haven't paid attention to it for two months."

"Currently, a total of 103 units have been booked, including 13 top-notch villas. There are 13 units with customized styles and 25 units with customized decoration."

Fang Bai looked at his wealth and found that it had reached 19.7 billion yuan.

After Fang Bai listened to the report, the secretary saw that the chairman had nothing to ask, and then exited the office.

After the secretary left, Fang Bai first called Lu Chaomin.

After talking on the phone, the two chatted for a while. Lu Chaomin wanted to thank Fang Bai in person.

After hanging up the phone, Fang Bai looked at the piece of paper with the phone number of Gan Sen, the vice president of Qianshi Group, on the table and fell into deep thought.

At present, the market value of the three listed companies of the Zhenshi Group has reached 20 billion U.S. dollars, and Li Jiacheng's personal wealth is several billion U.S. dollars, which is indeed more than the current Fang Bai.

At this time, Li Jiacheng's reputation can be said to be at its peak, and its reputation in the country is extremely high, even greater than that of Fang Bai.

But in Shanghai, Fang Bai is even more famous.

In the past year, the media often compared the two and asked whether Fang Bai's personal wealth could catch up with Li Jiacheng.

The main reason is that Fang Bai's wealth has grown too fast in the past year, VCD sales continue to be booming, and the profit margins in other industries are extremely high.

In addition, no company has been listed yet, so it is somewhat unfair to compare it with listed companies.

In terms of technological content, Zhenshi Group, whose main business is real estate, cannot be compared with Xinghai Group.

Therefore, more people in Shanghai are optimistic about Xinghai Group and believe that Fang Bai's wealth will surpass that of Li Jiacheng sooner or later, while the Qishi Group has only been famous for a long time.

Of course, in the port city, Xinghai Group's reputation is much worse. Some Hong Kong residents even don't know about Xinghai Group. Xinghai VCD is more famous than Xinghai Group and Fangbai.

This can't be helped. The media in Hong Kong City rarely report on Xinghai Group and Fang Bai, and the information is unclear. It's like looking down on mainland rich people, thinking that mainland rich people all made their fortunes based on their background.

But when it comes to international financial influence, Fang Bai will definitely defeat Li Jiacheng. With his current relationship, if he really wants to toss the Lishi Group, it may break up.

The other party probably called me just because he wanted to invest, and there was nothing else.

If Hualian Supermarket Company wants to be listed in Hong Kong City, it does not need to rely on Qianshi Group. However, if Li Jiacheng expresses his opinion that he is not optimistic about Hualian Supermarket Company, it will definitely have a great impact on the stock price.

The listing road show still requires local wealthy people in Hong Kong City to subscribe.

In the B round of financing, Fang Bai plans to sell 10% of the shares, of which Citi will refinance to subscribe for 5%. He hopes that Huifeng Bank or Hengsheng Bank will finance the remaining 5% of the shares, and these banks will be responsible for pre-IPO promotion.

As for the Qingshi Group, Fang Bai looked down upon it.

It's not that he looks down on Qianshi Group, Fang Bai is not arrogant enough to be arrogant, but he has better channels and resources in terms of financing.

Therefore, Fang Bai was too lazy to call back.

They wanted to invest and begged him, but Fang Bai was unintentional. He was still at the level of a big boss, so he took the initiative to call back. What did he say, and he was not free.

In the afternoon, Fang Bai went to the human resources department office, found human resources manager Lai Xia, and told her something:

"There is still more than a month before the graduates are about to register, so we have to do a good job of welcoming them and training them."

Lai Xia respectfully replied: "Well, we are almost ready. There are 1,090 graduates this year, including 660 undergraduate graduates, 350 master's students, 50 doctoral students, and 30 college graduates."

“How long is the workshop training?”

"Including company induction training, one month for PhD students and three months for other graduates, mainly to familiarize themselves with the workshop working environment, types of work, processes and products."

Fang Bai nodded. The training time in this workshop is much shorter than that in state-owned Y enterprises. It usually takes half a year or even a year, and then he works as a technician in the workshop for at least one year.

Xinghai Group lacks technical personnel, so there is no need for such long workshop training.

It's been too long, and people have become decadent.

In the next few days, Fang Bai inspected the research and development progress of the laboratory.

The trial production of the 120kW four-cylinder engine was successful, which made Fangbo particularly happy.

After detection, it was found that the next step of small batch production could be carried out.

Next, he requested small batch production and strived to achieve mass production by the middle of next year.

In this era, the global diesel engine market size is approximately US$50 billion, and by 2020, it will reach US$230 billion.

However, due to backward technology, domestic diesel engines only account for a very small part of the market, with only 5 billion yuan in 2020, less than one billion US dollars.

But in this era, it's even lower.

In addition, automotive diesel engines occupy a dominant position, accounting for more than 60%, followed by marine diesel engines.

There is a big difference between automotive diesel engines and marine diesel engines. The application direction of Xinghai Group’s diesel engines is mainly automotive.

Xinghai Group’s 120kW four-cylinder engine is named XH4E163.

The 120 kilowatt power is equivalent to a 163 horsepower engine. It is named according to the horsepower, but the "4" means four cylinders.

The net weight of the engine is 330kg. The air intake method is supercharged and intercooled. It is an inline four-cylinder. The rated speed is 2000rpm and the maximum torque is 600N.m.

The displacement is 3.5L, and the minimum fuel consumption rate at full load is about 150g/kW.h, which is extremely low fuel consumption.

This data is extremely excellent. Compared with later domestic engines with around 160 horsepower, to achieve this horsepower, the measured rated speed has reached 2600rpm, the displacement has reached about 4.2L, and the minimum fuel consumption rate at full load is about 200g/kW.h.

Experienced drivers who have driven a car, in economic mode, at the same speed of 100 kilometers per hour, the speed of some cars may reach more than 2200rpm, while those with larger displacement may only reach about 1800rpm.

To achieve the same horsepower and the same displacement, the lower the speed required, the better the engine performance.

Xinghai Group's 163-horsepower engine is mainly suitable for medium-sized dump trucks, trucks, 5-10 ton truck cranes, light transport vehicles, pickup trucks, etc.

In terms of fuel consumption, Xinghai Group's diesel engines are very good and have reached the world's first-class level, far exceeding domestic diesel engines and better than most imported diesel engines.

In terms of vibration and noise, it is not much different from imported diesel engines.

However, in terms of electronic control system technology, Xinghai Group still relies on imports.

But no matter what, in terms of small and medium-sized diesel engines, Xinghai Group already has the ability to challenge international giants.

When the Shanghai International Industrial Exhibition is held, Fangbai plans to focus on launching this diesel engine and the supporting mid-level digging XH120C.