Chapter 541 Ning’an Group(2/2)
There is also Yinchan Venture Capital.
At the end of December, Shen Chucheng sold Lanhua Technology and Shangdu Coal and Electricity, discarding costs of 120 million and making a net profit of 215 million, and then liquidated Qian'an Technology.
At this time, the stock price of Qian'an Technology has reached the sky, rising to 97 yuan. Everyone is waiting patiently for it to break through 100 yuan, becoming the first 100 yuan stock in China, and going down in history.
Lin Baiyao chose to retreat bravely.
Brother won’t play with you anymore!
Qian'an Technology quietly bought 6.5 million shares when the stock price was 6.5 yuan. After selling, the net profit was 580 million.
However, this is not the largest income.
The largest income comes from Jianshi Capital managed by Cynthia.
She started her business with 50 million US dollars. Following Lin Baiyao's instructions and her own connections, she bought and sold many IPO stocks in the stock market. Some of them doubled six times on the same day, and some even increased to 12 times.
Through frequent transactions, the capital currently controlled by Jianshi Capital has increased from US$50 million to US$690 million.
In other words, all Lin Baiyao's companies combined have a net worth approaching tens of billions of yuan.
The richest man in 1999, the Rong family, had an apparent wealth of only 7 billion.
Of course, this is only the wealth on the surface, and how much more there is secretly, it is far beyond what Lin Baiyao can compare with.
Yinchan Venture Capital and Jianshi Capital cannot be exposed for the time being. The remaining companies have developed to the present and can carry out necessary integration.
So on January 1, 2000, with the new year and new atmosphere, Lin Baiyao gathered his subordinates in Yuezhou and formally established the Ning'an Group.
The structure of the group is not detailed one by one. Ye Xi serves as president, Chu Gang, Chai Muyun, Cai Xinfeng and Zhou Qiang serve as vice presidents respectively, and Chu Gang is the first vice president.
In addition to the functional departments of the group, it has four major business divisions: Real Estate and Construction Division, with Fang Zhongqu as the director; Culture and Entertainment Division, with Bai Jie as the director; Internet Games Division, with Lei Guangming as the director; and Mobile Technology Division.
, Jiang Xinyi serves as minister.
In addition, Luo Ke is the financial director, Qiu Fanzhen is the deputy director, a separate legal department is established, Pei Buyu serves as the legal director, etc.
All the brothers and sisters who follow him, whether they start from a young age or join halfway, all have a suitable position and a salary that makes people drool with envy!
As I said before, money has no meaning to Lin Baiyao, it is just a tool for him to realize his dreams.
He doesn't need luxury cars, mansions, yachts or planes, and he doesn't aspire to be extravagant and spend money like water. He wants to take care of his small family and then do big things!
Chapter completed!