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Chapter 788: Xu Damao Strikes It Rich

~8 min read 1,478 words

He Yuzhu, Liu Xiaohua, and Liu Rusi chatted for several more hours, finalizing a pile of details—the core of which were two points: personal safety and the evacuation plan.

The departure time was still nearly a year away; He Yuzhu was unhurried, feeling that with his own abilities, it was not a problem at all. But Liu Xiaohua insisted on scrutinizing every link to the extreme, and Liu Rusi also stood on his side. The two forced He Yuzhu to formulate a detailed evacuation plan, which could only be executed after all three nodded in agreement.

Finally, they also speculated together on the possible impact this matter might have on the country and the world afterward. For this, they set a rule: meet once a month to report their respective progress.

He Yuzhu could not win against them and had to agree.

Xu Damao, Hu Bayi, Wang Pangzi, and Dajinya arrived in Shanghai and booked two rooms at the Heping Hotel.

The next day, they first went to the bank to open an account, deposited most of the money, and kept two million to buy stocks.

Early on the third day, after eating breakfast, the group rushed to the 101 Business Department on Xikang Road.

The hall, several hundred square meters in size, was packed so tightly that not even water could trickle through.

There were workers in blue overalls, people looking like minor Cadres clutching leather bags, and even more people with their shirts open and sleeves rolled up, holding wads of cash or receipts in their hands.

A large blackboard hung on the wall, with the names and prices of a few stocks written in crooked chalk, being wiped off and rewritten over and over.

The counter was an old-fashioned cement surface with a row of iron bars erected on top, and the staff inside were surrounded so tightly that not a breath of air could get through.

At that time, there were no electronic screens or computer-based orders; all transactions relied on the counter clerks manually filling out forms, stamping them, and settling them.

Xu Damao squeezed to the front of the counter and shouted at the top of his lungs: "Comrade, I want to buy some Vacuum Electronics, can I buy them?"

The girl inside the counter didn't even lift her head and coldly threw back a sentence: "How much are you buying?"

"Buying two million yuan's worth, is that okay?"

Only then did the girl look up and glance at him as if looking at an idiot: "One person can only buy one hundred shares a day. That is to say, you can only buy ten thousand yuan's worth at a time."

Xu Damao frowned: "Comrade, why is there a limit on the quantity when spending money to buy things?"

The counter girl slapped the receipt onto the counter, her tone stiff: "These are the rules, don't you understand?"

Dajinya smiled and leaned in: "Comrade, then if I find twenty people to help me buy, can't I buy two thousand shares a day?"

The counter girl glared at him again: "That is breaking the law."

Dajinya was not annoyed and chuckled: "Then does a name have to be written on this security?"

"Of course a name must be written; writing a company name is also fine."

As soon as the words fell, an older woman with permed curly hair and a floral shirt next to them grabbed Dajinya's arm, pulled him aside, and lowered her voice: "Comrade, don't listen to her nonsense. You don't have to write a name on the stock. How much do you need to buy? I'll help you find people to buy it? Just give a little bit of hard-earned money."

Dajinya's eyes lit up, and he hurriedly dragged Xu Damao and the others to the corner of the wall.

With four heads huddled together, Dajinya lowered his voice: "Brothers, stop messing with the counter girl. Let's find people to buy it; that old lady just now is willing to help."

Xu Damao frowned: "Is that person reliable? Won't she take the money and run?"

Wang Pangzi gave a chuckle: "With us living people watching, could we let her run?"

Dajinya said: "With Hu here, that bunch of people wouldn't dare run. Besides, we won't buy much at first, just two hundred thousand at a time, with four people watching. Later, we can open a company, hire a few locals, and manage them, then it will be foolproof."

Hu Bayi nodded: "This method is reliable."

Dajinya added: "Let's treat that lady to a meal and discuss it. But don't show off our wealth; just say we are doing business for a company."

"Right, just say it's for the Red Star Rolling Mill. The locals won't have any crooked ideas," Xu Damao said.

At noon, Dajinya invited the lady outside, found a small restaurant to sit down in, ordered a few dishes, and chatted while eating.

"Ma'am, I haven't asked your honorable surname yet?"

"My surname is Wang, called Wang Ailing, and I was an Accountant at the Supply and Marketing Cooperative before I retired."

Xu Damao asked: "Sister Wang, how many people can you find to help us buy stocks?"

"Fifty or sixty people a day is no problem. By the way, what stocks do you want to buy?"

"We want to buy six million yuan of Vacuum Electronics," Xu Damao said.

The lady put down her chopsticks and glared at him: "Why do you specifically buy Vacuum Electronics? Isn't buying something else the same? If you dump all six million in, this stock will definitely rise."

Hu Bayi leaned into Xu Damao's ear and said: "Zhuzi said, besides Vacuum Electronics, there are also Yanzhong Industry and Aishi Shares."

Xu Damao shook his head: "I don't care what you all buy, I am only buying Vacuum Electronics."

The lady thought for a moment and said: "If you only buy one stock, it might rise to twenty yuan in a day. If you buy six million worth, it could rise from one hundred to two hundred. I suggest you also buy some others."

But Xu Damao was determined and insisted on going all in on Vacuum Electronics. He was calculating in his heart: He Yuzhu had inside information on the electronics industry, and He Yuzhu might not necessarily know about other stocks.

Hu Bayi didn't have any preference and bought one million of each of the three stocks.

On the other side, the "Ghost Blows Out the Light" film series by He Jia Film Company also started filming. He Yuzhu was preparing to go to the Bay region while busy designing several new types of off-road vehicles.

In the blink of an eye, a few months passed, and it was June 1990.

The money of Xu Damao and the others had long since all turned into stocks.

The stocks they bought were like this: Xu Damao stubbornly dumped all three million of his into Vacuum Electronics.

The other three people also had three million, but it was divided into three parts—one million each for Aishi Shares, Yanzhong Industry, and Vacuum Electronics.

No one expected that by June, the Vacuum Electronics in Xu Damao's hands had tripled, and the principal had soared from three million to nine million.

As for the three million of Dajinya, Hu Bayi, and Wang Pangzi, although it had also doubled, it only rose to six million.

While eating, Xu Damao started to show off: "How about it, brothers? Let me tell you, do you know why I insisted on buying Vacuum Electronics?"

Wang Pangzi retorted him unpleasantly: "Could it be that you also have inside information?"

Xu Damao analyzed it with a straight face: "Wasn't He Yuzhu's first sentence telling us to buy Vacuum Electronics?"

Hu Bayi thought for a moment: "Indeed."

"Then do you know what He Yuzhu's student does?" The three shook their heads.

Xu Damao was triumphant: "His proudest protégé is named Liu Siman, who is now the Factory Director of the Hongxing Electronics Factory. He Yuzhu's Apprentice is in the electronics business. Doesn't Vacuum Electronics have the word 'Electronics' in it? He must have known inside information."

Dajinya disagreed: "Junior Uncle, you don't understand, do you? Aishi Shares is also in electronics, it just does instrumentation. Yanzhong Industry is also in electronics, doing small home appliances."

Xu Damao shook his head: "Anyway, I just feel that Vacuum Electronics is the most authentic. This stock was the first one He Yuzhu mentioned."

Wang Pangzi glared at him: "Why didn't you say so earlier?"

Xu Damao was righteous and confident: "What if I had said it, and it turned out my Vacuum Electronics didn't rise, but all three of yours did? Wouldn't that be the same as me lying to you?"

Dajinya sighed and said sourly, "An Uncle-Master is still an Uncle-Master, how cunning."

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End of Chapter

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