Chapter 586: Red Temperature

When everyone around is in a state of fanaticism, it is very difficult for individuals to have their own judgment, basically following the crowd.

And right now, for Dongling Gao Ke concept stocks, it is such a fanatical attitude. Chuanrong Electronics' announcement completely ignited this fanaticism.

Dongling Gao Ke placing such a large order to component suppliers obviously means that the sales volume forecast for the Shenzhou electronic dictionary may far exceed the expectations of the outside world.

"Chuanrong Electronics released an announcement to issue 5 million shares to raise 400 million yuan to purchase new production lines and increase production capacity!"

"The major shareholder of Chuanrong Electronics, also the founder of Chuanrong Electronics, the Jin Shengmao family, announced the sale of 500,000 shares, cashing out 30 million yuan to distribute bonuses to Chuanrong Electronics executives and important technical personnel!"

"Important figures of Chuanrong Electronics claimed that they received news from Dongling Gao Ke's logistics department that next year, the components used by Dongling Gao Ke for the Shenzhou electronic dictionary may increase by more than 300% to 400% compared to this year!"

In the stock market, Chuanrong Electronics released multiple announcements in one breath, both huge financing and the founder family cashing out.

But it didn't affect Chuanrong Electronics' stock price at all; instead, it rose higher and higher. The Jin Shengmao family of Chuanrong Electronics was actually testing the waters. After all, Chuanrong Electronics' stock price had already doubled, and the Jin family was a bit unsure and wanted to cash out a portion of the shares to be safe.

The Jin family didn't know what reaction the market would have after cashing out 500,000 shares, but it seemed that it didn't cause any waves at all.

In the first half of this year, when the A-share market was not good, which company dared to play these tricks? The leeks would have run away long ago.

But now, whether it was financing or cashing out, the shares flowing out of Chuanrong Electronics were instantly taken over by people.

Because there is an expectation, the popularity of the Shenzhou electronic dictionary far exceeds expectations. Not only Chuanrong Electronics, but other Dongling Gao Ke component suppliers also released announcements that the production capacity of components supplied to the Shenzhou electronic dictionary next year will have to double several times!

For the leeks, aren't these good news? With these orders, are they still afraid that the stock price of companies like Chuanrong Electronics won't rise?

Just like in the past, the man who shouted "returning to the country next week" pulled more than 100 celebrities in the entertainment industry and various investment institutions to stand for LeTV.

Then, on the stock market, he cashed out LeEco shares through various fancy maneuvers, using all sorts of excuses to cash out 17.6 billion, then used equity pledges to raise another 31 billion, and finally sold the equity to that disciple of Boss Liu from Lianxiang—he was practically harvesting leeks until his hands went numb.

But it was this kind of harvesting leeks that made LeTV's stock price soar when cashing out. No matter what the news was, it was interpreted as good news. That is, in a fanatical atmosphere, everyone was grabbing LeTV stock, all believing that its stock price could rise again!

Right now, Dongling Gao Ke concept stocks represented by Chuanrong Electronics haven't reached that kind of fanatical atmosphere, but the hot signs are not bad at all. After all, the huge orders from Dongling Gao Ke are right there.

The impact of the explosion of Shenzhou electronic dictionary sales continues to spread in multiple industries such as electronics, technology, and finance.

Not only the listed Dongling Gao Ke supply chain companies, but also those manufacturers that have not yet been listed are also full of waves.

As a company in Dongling Gao Ke's component industry chain, Chuanrong Electronics is not even the most core one. The few suppliers recognized by the outside world as the most core of Dongling Gao Ke's industry chain are BYD, BOE, Dongxin Semiconductor, and Hanxi New Materials.

These few companies supply batteries, screens, chips, and shells for Dongling Gao Ke, respectively. Among them, BYD is the most sought after by the market because it can make money. BOE's popularity is not low, but it is losing money now.

BYD, which hasn't played with cars yet, has already achieved profitability now. Various orders from Dongling Gao Ke have fed it, not to mention companies like Motorola and HP, which are also placing orders with BYD.

Since becoming famous, every year there are domestic and even Hong Kong securities companies coming to the door, wanting to lobby BYD to go public.

And other Dongling Gao Ke component suppliers, even if they are not as sought after as BYD, are also highly sought after.

Although it can't compare to BYD, Hanxi New Materials is one of the earliest manufacturers to become a Dongling Gao Ke component supplier.

From the earliest Silver Mink mouse to the electronic pet machine, all the way to the current Shenzhou electronic dictionary, more than 70% of the shell materials for Dongling Gao Ke's various products are supplied by Hanxi New Materials.

Hanxi New Materials' revenue has also gone from being heavily in debt all the way to this year, with revenue breaking the 1.2 billion yuan mark in the first half of the year. According to the current momentum, next year, Hanxi New Materials even has the opportunity to try to touch the threshold of 3 billion yuan in annual revenue!

As a state-owned factory, Hanxi New Materials' resurrection from the dead has the potential to become a classic case in Hanxi and even the country.

Today, when state-owned factories are generally struggling, Hanxi New Materials is particularly special. Under the leadership of Cao Xueming, it not only survived the bankruptcy crisis but also carried out modern improvements, and its revenue continued to soar.

Now Hanxi New Materials, besides providing shell materials for Dongling Gao Ke, because it has its own laboratory and developed technology, can also provide shell materials for other mobile phone and computer brands.

Besides the shells of electronic products, Hanxi New Materials also has businesses such as cables, all of which have been picked up again.

Being able to resurrect from the dead, Hanxi New Materials cannot be separated from Dongling Gao Ke's first order back then. Otherwise, it would have gone bankrupt that year. How could it have today!

Now the scale of Hanxi New Materials is much larger than in its heyday. Plus its status as a state-owned factory, as long as it wants to go public, it is basically a certainty.

In the newly built modern park of Hanxi New Materials, Cao Xueming, the factory director and general manager of Hanxi New Materials, is dealing with the public relations manager sent by Hanxi Securities Company.

This is already the nth securities company manager that Cao Xueming has met this month. These people came for the same purpose: to persuade Cao Xueming to let Hanxi New Materials apply for listing!

For those securities companies, Cao Xueming hides as much as he can. He doesn't want Hanxi New Materials to go public immediately. Although many people, including the Hanxi Provincial Government, hope that Hanxi New Materials can complete the listing.

Once listed, Hanxi New Materials cannot develop completely according to the plan formulated by Cao Xueming. This is not because Cao Xueming is greedy for power.

It is because he knows that what Hanxi New Materials needs now is to invest in R&D, upgrade production lines, and cultivate talent, not to rush to distribute dividends and issue bonuses to major shareholders and executives.

But if Hanxi New Materials goes public, these things will not be up to Cao Xueming. He has to give returns to investors who bought Hanxi New Materials stock and distribute dividends to major shareholders who acquired Hanxi New Materials equity. It is impossible to be like before, learning from Dongling Gao Ke, and spending a lot of income on R&D.

And this time, Hanxi Securities is a local snake securities company in Hanxi, and Cao Xueming really can't avoid it.

"Factory Director Cao, once Hanxi New Materials is listed, it can raise more funds to develop better.

I know you are dedicated to the public, but once listed, can Hanxi New Materials internationalize faster?!"

Shi Yuan, the public relations manager from Hanxi Securities, "earnestly" persuaded Cao Xueming.

"Furthermore," Shi Yuan glanced at Cao Xueming, "Factory Director Cao, you have made great contributions to Hanxi New Materials. Without you, this Hanxi New Materials would have collapsed long ago!

After Hanxi New Materials is listed, you can also get equity in Hanxi New Materials, so that you can manage Hanxi New Materials better!"

Shi Yuan almost pointed out the words. Those state-owned factories that are far inferior to Hanxi New Materials are all desperately trying to go public. What is it for? One is to raise money, needing that money to support the factory.

Another is that state-owned factories go public, need to introduce external investment institutions, and carry out equity reform, so factory leaders have the opportunity to get equity.

With equity, there is an opportunity to distribute dividends and cash out, achieving financial freedom. If you can't get equity, you are a worker. One day when you retire or are transferred, everything will be gone.

If Hanxi New Materials doesn't go public, and if Cao Xueming can't get equity, then one day with a transfer order, he leaves Hanxi New Materials, and everything here will have nothing to do with him, and he may end up with nothing.

Cao Xueming looked at Shi Yuan. He knew that what Shi Yuan said was the truth, but he still shook his head in the end.

Cao Xueming, who came from a teacher at the Management College, is an uncompromising scholar-type cultural person. His generation all carries the aloofness of cultural people. You can say they are pedantic, but they have their own beliefs.

"Manager Shi, thank you for your kindness, but now Hanxi New Materials has more important things to do than going public.

As long as I am in Hanxi New Materials for one day, I need to proceed according to the original plan. In addition... Hanxi New Materials and Dongling Gao Ke have also signed R&D projects. These projects involve confidentiality and should not be disclosed!"

Hearing Cao Xueming bring out Dongling Gao Ke, Shi Yuan was speechless. If the Dongling Gao Ke project is really delayed, this scapegoat, let alone Shi Yuan, even Hanxi Securities would have to eat and walk around. At least a group of executives would have to be unlucky.

This is not Cao Xueming deceiving Shi Yuan. There are indeed many cooperation projects between Hanxi New Materials and Dongling Gao Ke.

Such as environmentally friendly plastic materials, aluminum shells, nickel metal shells, carbon fiber alloys, polishing mirror technology, integrated body shells, glass materials, etc. These new technologies and materials are all in the laboratory R&D of Hanxi New Materials. Dongling Gao Ke and Hanxi New Materials are investing a lot of funds to research these technologies.

Seeing Shi Yuan leave, Cao Xueming sighed. He knew that there were many people and institutions who hoped that Hanxi New Materials would go public, and then they would make a big profit.

But Cao Xueming is not willing to let Hanxi New Materials fall short of success. At the most critical moment, for the sake of listing, he gave up those technology and material R&D.

In fact, as early as before, there were voices that Cao Xueming might be transferred, and others would take over Hanxi New Materials, but in the end, the rumors were suppressed, because Dongling Gao Ke said that it hoped to continue to cooperate with Hanxi New Materials led by Cao Xueming.

There are people Cao Xueming can ignore, but no one dares to ignore Dongling Gao Ke's words!

The news that Dongling Gao Ke component suppliers have received huge orders is spreading like wildfire. Anyone can see that the sales volume of the Shenzhou electronic dictionary may continue to soar.

And overseas, when seeing the Shenzhou electronic dictionary that Dongling Gao Ke cannot supply market demand on a large scale in a short time, the price in Korea, Japan, Malaysia, and other places is completely crazy!

In Korea, the price of a Shenzhou electronic dictionary was hyped to around 350 USD.

In Korea, which pays attention to seniority and status, owning a Shenzhou electronic dictionary seems to have become not only a device for learning and entertainment, but also a symbol of status and position. It has a bit of the taste of Apple machines in the past life...

But what overseas markets are most concerned about is another piece of news: 1,000 electronic dictionaries purchased by an Indian electronic agent were snapped up in less than a morning in Delhi and Mumbai!

You know, the Indian agent's pricing for the Shenzhou electronic dictionary was 128 USD per unit.

As for how the Indian agent advertised and bluffed, it was nothing more than: with the Shenzhou electronic dictionary, you can learn English, have the opportunity to get into university, work in multinational giant companies, become a staff member in the Indian municipal government, and even enter the upper class, etc., changing the fate of the beast of burden from now on, reaching the peak of life. It was enough to bluff Indians and users in the South Asian region to snap up the Shenzhou electronic dictionary!

These units being sold hot in India marks that the Shenzhou electronic dictionary has the opportunity to enter the South Asian market. A market with a population of more than 1 billion has opened its doors to Dongling Gao Ke! ===== CHAPTER 587 =====