Chapter 86: Spend money like flowing water
As expected, when the market opened the next day, Yun Cheng Bio's stock hit the limit up directly.
Su Mingyue excitedly found her senior Ma Chaoyun, who had recommended the stock to her, expressed a bunch of thanks, and even offered to treat him to a meal.
"My stomach hasn't been feeling well lately, maybe next time!" Ma Chaoyun refused Su Mingyue's invitation. His originally ordinary face now looked as if someone had shoved a lump of shit into it, ugly to the extreme.
He originally planned to use this Yun Cheng Bio stock to tease the pretentiously pure Su Mingyue. Who would have thought things would develop completely contrary to his expectations? Not only did he fail to control the situation as he wished, but he ended up inadvertently helping Su Mingyue make a big profit.
At this moment, the happier Su Mingyue smiled, the more nauseous Ma Chaoyun felt.
What's worse, he misjudged the situation, not only missing two chances to follow up and profit, but also drove away a major client he had cooperated with for a year.
After Yun Cheng Bio's announcement came out last night, Ma Chaoyun was scolded by that client for a whole hour. Their cooperative relationship also fell apart.
"Senior, your body is the capital of revolution; you need to rest more, it's not worth getting a serious illness from overwork..."
"What do you mean? Are you hoping I get sick?"
"Don't get me wrong, Senior, I naturally hope you stay healthy so you can help me earn more money!"
"Hmph, you can't always rely on luck to make money!" Ma Chaoyun lost interest in talking to Su Mingyue, walked away with a grim face. Su Mingyue stood there, dazed, not knowing which of her words had offended this "God of Wealth".
However, Su Mingyue's brief disappointment was quickly overshadowed by the joy of the stock hitting the limit up.
She now holds 1,988,000 shares of Yun Cheng Bio; if it rises again to 21 yuan per share as Chen Yang predicted, the total value would become 41,748,000 yuan. After subtracting costs, she could earn over 1,170,000 yuan.
Su Mingyue wasn't greedy either; although Yun Cheng Bio hit the limit up again at the next day's opening, he still quickly sold his shares at 21 yuan each.
Having received professional training, she understood that no matter how good the market, only securing profits is truly beneficial. Her successful investment also reaped generous returns.
After the stock market closed, Chen Yang discussed with Liu Shijie and decided to take 500,000 from the total profits as a bonus for Su Mingyue. Then Chen Yang had Su Mingyue continue to stay in an empty position.
At the very moment Su Mingyue was liquidating her holdings, Xingcheng Securities' senior stock broker Ma Chaoyun silently took over the shares she held.
He eagerly anticipated that these shares would soar on the back of Yun Cheng Bio's positive news, allowing him to make a big profit. However, developments once again turned out contrary to his expectations.
When the stock price rose to 22 yuan, the previously relentless upward momentum suddenly hit the brakes and came to an abrupt halt. Subsequently, affected by the overall market trend, it began to decline gradually.
Ma Chaoyun keenly sensed the situation was dire; based on his years of experience in the stock market, he immediately realized that Yun Cheng Bio's momentum had collapsed.
He therefore made a decisive decision, immediately selling the shares without hesitation. In the end, he not only made no money but lost 500,000. Furious, he smashed all the worthless items in his office.
At Worry-free Residence, Yexin handed over the prepared transfer documents for the Southern Agricultural Products Wholesale Market cold storage to Shen Anna for review. To earn this five-million membership fee, she also used some less-than-honorable means.
"Fifteen million, isn't that a bit expensive?" Shen Anna hesitated after seeing the transfer price. The company's operating costs are only ten million; investing in a cold storage exceeds the entire company's budget. Too extravagant!
"They spent over ten million to build the cold storage, plus land use rights. If you weren't in a hurry to repay debts, you wouldn't necessarily sell it even for thirty million!" Yexin noticed that since Shen Anna became CEO of the Old Hundreds Agricultural Products Trading Company, she scrutinizes everything. This change makes her very uncomfortable.
"Alright! I'll talk to the boss and see what he thinks." Shen Anna understood that Yexin had already tried her best to lower the price, so she promptly reported the situation to Chen Yang.
After hearing this, Chen Yang said the price was fine. However, the contract details still needed to be reviewed by Qin Qin to avoid future unnecessary trouble.
Shen Anna then summoned Qin Qin to Worry-free Residence; after carefully reviewing the contract three times, she finally signed the transfer agreement.
This time Chen Yang did not purchase the cold storage in his personal name, but placed it under the Old Hundreds Agricultural Products Trading Co., Ltd. The cold storage requires substantial manpower and material resources to operate and maintain; he personally lacks the energy to manage it. Better to leave it to the company as capital for future listing.
Of course, Chen Yang also didn't give up searching for shops in Xingcheng's streets and alleys. These days he drives around the city during the day, snapping pictures of any suitable shop with his camera. Then he returns to discuss with Zhao Xiaoli. Meanwhile, Zhao Xiaoxiao, while conducting market research outdoors, also helps Chen Yang scout for shops.
After a few days, he successfully purchased another 36 shops, which together with the ones he already owned added up to exactly one hundred.
Moreover, Chen Yang bought the entire floor of office space that the Old Hundreds Agricultural Products Trading Company had rented in the Trust and Harmony Building for six million.
Considering the Trust and Harmony Building's central location in Xingcheng, even if the Old Hundreds Agricultural Products Trading Company later builds its headquarters at the Xingcheng South Railway Station, this place can still serve as an important external office.
Chen Yang calculated that his investment in the company during this period had reached forty million (ten million for the headquarters land, fifteen million for the cold storage transfer fee, five million for the Worry-free Residence membership fee, ten million for company operating expenses). His personal investment also reached forty-six million (one hundred shops plus one office floor). In less than half a month, he had spent eighty-six million.
Really, spending money like flowing water!
After settling the cold storage transfer procedures, Chen Yang decided to return to Qingshui City.
On one hand, his stay in Xingcheng has been a bit long; Lin Wei, who has been alone guarding the empty chamber in Qingshui City, has complained several times. To maintain marital harmony, he needs to return and fulfill his conjugal duties.
On the other hand, the agricultural resources under contract in Panlong Town have nearly been exhausted. He needs to return to reassess new resources.
Although the company had already sent business staff to negotiate in Qingshui City's various counties, Chen Yang still decided to go himself.
By doing this, he not only aims to develop the company's new business, but also to leave a good impression on Qingshui City Deputy Mayor Xu Li. This way, for at least the next four years, the Old Hundreds Agricultural Products Trading Co., Ltd. can obtain more agricultural policy support in Qingshui City.
End of Chapter
