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Chapter 167 Someone wants to invest in Kirin Electric Vehicle

After the Hong Kong stock market closed on July 17, 2003.

In addition to the news about Penguin's stock repurchase, there was also news about Penguin's cooperation with Qilin, which was also deliberately released by interested parties after a round of false rumors.

The cooperation between Penguin and Qilin has become that Penguin will merge with Qilin, and Penguin will acquire Qilin Entertainment.

These two companies are domestic social leaders, each owning two game platforms. Once merged, Penguin's prospects are immeasurable.

...

On the morning of July 18, 2003.

As soon as the Hong Kong Stock Exchange opened, there was an influx of people. The reason why these people came so early was to snap up Penguin stocks. Due to the deliberate publicity by the media and interested people, what was once a penny stock suddenly turned into a hot pot.

Leek's memory is only seven seconds like that of a goldfish. They have already forgotten about the penguin's plunge.

The closing price of Penguin yesterday was 3.3 yuan, but when it opened today, the price was 2 cents higher at 3.5 yuan. There was no way to stop their enthusiasm for buying.

"I got it, I got it for 3.5 yuan," an aunt said excitedly.

"3 yuan, 5 cents, I got it too," an uncle said excitedly.

"Haha, 3 yuan, 6 cents and 5 cents, the deal is done." An uncle said excitedly.

"Auntie, what stock are you so excited to buy?" asked a passerby who didn't know why.

"Of course I'm buying Penguin stocks," the aunt said with a smile.

"Penguin? This is not a junk penny stock, and you actually spent 3 yuan to buy it?" a passerby asked in confusion.

"No, when did Penguin rise to 3 yuan?" Only then did the passerby realize that Penguin was no longer a 1 yuan penny stock.

"It's going up, it's going up, it's going up~" the uncles, aunts and uncles clenched their fists and looked at the big screen and shouted excitedly.

3.67...

3.68...

3.70...

Penguin's stock price did not live up to their expectations. When Penguin closed in the morning, its stock price rose from the opening price of 3.5 yuan to 4.2 yuan.

Finally, Penguin's share price closed at 4.8 yuan in the afternoon.

Those institutions that were ambushing early sold most of their chips today.

The cost of those institutions is basically around 1 yuan, which means they make more than three times the profit.

The price that Chen Yidan negotiated with those third-party institutions was 1.6 yuan for the acquisition.

The 220 million shares cost Xiao Ma 350 million. Based on Penguin’s current stock price, the money invested by Xiao Ma has doubled.

Of course, these stocks cannot be traded to Penguin immediately. They must wait for the Hong Kong Stock Exchange to approve Penguin's buyback plan. Only after approval can they trade with third-party institutions.

...

July 19, 2003.

Penguin's stock price has basically stabilized at the price of 5 yuan. There are small fluctuations, but there are no large increases or decreases. The market is still waiting for further news.

....

At the same time, Qilin Electric Vehicle Office in Qianyang City, Guizhou Province.

Xu Rang has been here for more than three months. Through red envelopes and gifts, he has opened up relationships with some departments and legalized Kirin electric vehicles on the road.

With the help of some people in certain departments, he also found suitable agents, but these agents were not very good at dealing with problems and set the price of the Kirin electric vehicle at 2,399.

Of course, the agent doesn't care how they sell Xu Rang. Xu Rang's wholesale price to them is 1,580, and the company has already made enough profits.

Xu Rang had just come back from outside and wiped the sweat on his forehead with a towel.

"Old Xu~" Liang Guangyuan came to Xu Rang with a middle-aged man.

"Director Liang, why are you here?" Xu Rang greeted with a smile.

Liang Guangyuan is the first brother in charge of transportation in Qianyang City. He helped report and solve the problem of Kirin electric vehicles on the road. Xu Rang spent a lot of money to get to know Liang Guangyuan.

"This is Mr. Chen from State-owned Assets, Chen Youqing." Liang Guangyuan introduced.

Kirin electric cars are now a means of transportation for many Qianyang citizens. Even Chen Youqing bought an electric car for his daughter.

As the number of Kirin electric vehicles increased, Chen Youqing felt that this was a good project and it would be a good achievement if he could invest in it, so he found Xu Rang through Liang Guangyuan.

"Hello, Mr. Chen, hello." Xu Rang shook the other person's hand warmly and smiled.

"Old Xu, Mr. Liang wants to talk to you about something. I have something to do here so I'll leave first," Liang Guangyuan said.

"Mr. Chen, please sit down for a while and I'll escort Liang Ting out." Xu Rang said.

"No, you guys can chat." After speaking, Liang Guangyuan turned and left.

"Okay then, I won't give it away." After Xu Rang said that, he turned to Chen Youqing.

"Mr. Chen, I wonder what brings you here this time?" Xu Rang asked after pouring tea for Chen Youqing.

"This time, on behalf of Qianyang State-owned Assets, I would like to talk to you, Mr. Xu, about investing in shares." Chen Youqing said after drinking tea.

"Buy shares?" Xu Rang picked up the teacup and paused before saying.

"Yes." Chen Youqing said.

"Kirin Electric Vehicle is not short of money for the time being, but if your company wants to invest in shares, if the plan is suitable, I can talk to the boss." Xu Rang said after thinking.

Xu Rang is still very clear about his identity. Although he is the chairman of Kirin Electric Vehicle, the person responsible for the affairs of Kirin Electric Vehicle is Cao Mang.

Kirin Electric Vehicle is now so profitable, Cao Mang may not necessarily transfer his shares, and of course Xu Rang cannot refuse the other party directly. After all, the other party is the boss of state-owned assets, so roundabout ways are still necessary.

"Mr. Xu, aren't you the chairman of Kirin Electric Vehicle?" Chen Youqing asked doubtfully.

At this time, the Internet was not very developed, and there was no APP like Qichacha, so there was not much information that Chen Youqing could find.

"I'm just a part-time worker, but you can tell me about this and I will report it to the boss for you." Xu Rang said with a smile.

"We plan to exchange 50 million for 10% of the shares of Kirin Electric Vehicle. In addition, we hope that Kirin Electric Vehicle can establish an electric vehicle manufacturing base here." Chen Youqing said.

Of course, the 50 million mentioned by Chen Youqing is just the opening price, and the final price can only be determined after inspection and evaluation. After all, it also depends on whether Kirin is willing to accept the investment.

"Pfft~" Xu Rang sprayed out the water when he heard Chen Youqing's quotation.

"Mr. Chen, I'm sorry, I'm sorry." Xu Rang hurriedly took out a tissue and handed it to the other person.

"It's okay." Chen Youqing said after taking the tissue.

"Mr. Chen, if the price is this, there is basically no need to negotiate. Do you know how much profit we make per month?" Xu Rang said.

Xu Rang was not afraid that there would be trouble if he told Chen Youqing about the profits. After all, Kirin Electric Vehicle was an enterprise in Shenzhen City, and it had also created employment for so many people. No matter how long the hands of Qianyang State-owned Assets were, they would not be able to reach Shenzhen City.

"Mr. Xu, tell me." Chen Youqing asked.

"Kirin Electric Vehicle's profit last month was 17.5 million," Xu Rang said.

"I was rude." Chen Youqing replied.

Chen You checked the registration date of Kirin Electric Vehicle not long ago. Kirin Electric Vehicle has no land or factory in its name, and only has a paid-in registered capital of 100 million. The products of Kirin Electric Vehicle are all from OEMs. Kirin Electric Vehicle is a very special company.

Excellent asset-light company,

After taking the stake, the company will be asked to build a production base in Qianyang to increase the size of the company. This production base can also cover the southeastern market. The valuation of Kirin electric vehicles will definitely increase.

According to the valuation given by the company's evaluation team, it should be enough to spend 50 million in exchange for 10% of the shares. But he didn't expect Kirin Electric Vehicles to be so profitable.

"Mr. Chen, regarding the stock purchase, I will tell the boss first and we will discuss the price after the price is evaluated." Xu Rang said.
Chapter completed!
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