Black technology: a super empire spanning two worlds

Chapter 56 [Incredible Fortune Myth]

Around 16: in the afternoon.

Yun Shu came to the chairman's office.

"The company's third quarter financial report has been audited. The third quarter revenue was 4.72 million yuan, a year-on-year decrease of -22.18%, and the net profit loss was -3.65 million yuan, a year-on-year decrease of -510.12%." Yun Shu looked at Xiao Yu who was sitting inside and put the financial report on the desk.

The main reason for such a huge loss in the third quarter was that Xiao Yu asked the company to cross-border engage in food processing and grain trading, which greatly increased operating expenses.

In addition, the company is recruiting on a large scale. Previously, the company had about 1500 employees, but now the company has expanded to more than 2000 people, and is still continuing to expand on a large scale.

At the same time, Xiao Yu also gave a substantial salary increase to all employees of the company. He did these things intentionally to increase the company's operating costs, which was reflected in the financial report as a huge loss of 3.65 million yuan in the third quarter.

However, with the merger and reorganization of Linghan New Materials, it will be a different story after the performance is consolidated.

The future profit margin will skyrocket quite dramatically, and Xiao Yu also planned ahead and tried to find ways to increase the overall operating costs of the company.

Yun Shu said: "If Linghan New Materials' performance is consolidated into the parent company, the third quarter's financial statements will be able to turn losses into profits, and the net profit for the third quarter can reach 2.27 million yuan, a year-on-year increase of +155.05%."

The two companies are still in the restructuring stage, and their financial statements have not yet been merged, and each company calculates its own financial statements.

Xiao Yu picked up the financial report document on the table and opened it to take a look. After roughly browsing it, he put it aside and looked up at Yun Shu, smiling and said, "Not bad, I told you that there is no problem in letting you be the financial director. Look, you are doing a good job."

Hearing this, Yun Shu couldn't help but complain: "I've been exhausted recently. Not only am I exhausted, but I'm also worried about making mistakes all day long. It's driving me crazy."

At this point, she smiled and stared at Xiao Yu with her beautiful eyes: "I thought the salary you gave me before was too much, but now I feel that it is not enough, but too little. I am getting an assistant's salary but have to do the work of a financial officer and a director. I feel like I have been tricked. You have to give me a higher salary in the second round."

Yun Shu has obviously changed as well. In the past, when she reported to Xiao Yu, she just reported work, but now she tends to interact more outside of work, and she is also trying to get closer to him.

Xiao Yu leaned back against the boss chair and said slowly, "Don't be so ungrateful. I've given you a special treatment in the whole company, so you can buy the company's stock while it's at a bargain price. It's increased by more than 77 times. You're now a billionaire, and you're still not satisfied."

Hearing him talking about this, Yun Shu's pretty face immediately blossomed into a smile.

Of course she knew that the company's stock price had soared, so she listened to Xiao Yu and bought 550 million shares at a low price. In just one and a half months, she made an astonishing return of more than 65 times. It would be strange if she was not happy. No one would complain about having too much money.

Yunshu now has a total of 850 million shares, and the market value corresponding to the current stock price has soared to 2 million.

After the episode, Xiao Yu glanced at the financial report on the table: "The third quarter financial report will be released today."

"Okay, I see." Yun Shu nodded. After a moment, she looked at Xiao Yu and said, "I have a suggestion. Do you want to hear it?"

Hearing this, Xiao Yu smiled and said, "Oh? Tell me about it."

Yun Shu thought for a moment and said, "I think it might be better to change the name of our company. Although the word 'Prism' fits the field of optics and optoelectronics, after all, there was the 'Prism Gate Incident'. Didn't you say that our goal is to make the company a world-class giant?"

"In the future, as our company goes global, the name will inevitably remind people of the 'Prism Gate' incident, which is likely to affect the company's brand value and will cost more to maintain its corporate image."

After Yun Shu finished speaking, he looked at Xiao Yu, who nodded after a moment's hesitation: "What you said makes sense." After a moment, Xiao Yu looked up at the beautiful assistant and said with a smile: "Very good suggestion, I'll adopt it. Just change one word in the new company name."

Yun Shu couldn't help but look at him curiously: "What word?"

Xiao Yu said slowly: "In the 1990s, Mr. Qian had already paid attention to virtual reality technology and gave it a very local name, "Lingjing". Let's change the company's name to Lingjing Technology. That's it!"

……

Half an hour later, at around 17 p.m., Prism Technologies released its third-quarter financial report.

The company's revenue in the third quarter was 4.72 yuan, a year-on-year decrease of -22.18%, and its net profit loss was -3.65 million yuan, a year-on-year decrease of -510.12%. If such a financial report were made by other companies, the stock price would have hit the limit down the next day, which would be a major negative news.

The next day, Prism Technology's stock price continued to hit the daily limit, marking its 25th consecutive daily limit.

However, the continuous daily limit stopped at 24 boards. It opened sharply higher today but did not open a daily limit. Moreover, the stock price plunged rapidly after the opening, turning green and falling by -1.26%. This stock has accumulated extremely terrifying profit-taking funds, from the bottom of 0.42 yuan to 24 consecutive daily limits, and then to today's high opening, the cumulative increase has exceeded the unprecedented 90 times.

When holders saw that the price did not continue to close at the same level today, many of them started selling to lock in profits.

But the follow-up was also very impressive. In the afternoon, it turned from weak to strong and took over the relay to continue to refresh the record of consecutive boards.

The losses in the third quarter financial report are not affected at all. The current stock price trend is based on the logic of restructuring, and there is no point in looking at the performance.

Today, the turnover board came out and the trading volume also increased significantly, with the total daily trading volume reaching 67.78 billion.

Those who missed the opportunity have a chance to get in today, but not many people dare to chase high prices. The A-share market has skyrocketed more than 90 times from the bottom. This is the first time in the past to years.

The next day, Friday, Prism Technology opened more than 7 points higher. After opening, it continued to rise and successfully hit the daily limit half an hour later, marking its 26th consecutive day of rising.

After the weekend, on Monday, October 10, Prism Technology was listed again, marking an epic 18-day winning streak.

On the following Tuesday and Wednesday, Prism Technology's stock price continued to open high and change hands to continue to be listed.

On Wednesday, October 10, the stock price hit the 20th consecutive daily limit, reaching a historical high of 29 yuan. The market value also soared to 82.39 billion yuan. Xiao Yu's nominal net worth also rose to a new personal record of 715.15 billion yuan.

In less than two months, the company's stock price has risen from 0.42 yuan to the current 82.39 yuan, with a cumulative increase of +19516.66%, a full 195 times, becoming the only one in the history of the A-share market.

Even if people who were previously trapped at 50.50 yuan had resisted the previous sharp drop and held on to it until now, not only would they have recovered all their floating losses, but they would also have realized a profit of 63 points.

This wave of increase has created an incredible wealth myth. Many retail investors with incredible luck bought at the bottom and invested tens of thousands of yuan. Now they can start with a million or even millions easily. There are even some small retail investors who have made tens of millions and achieved financial freedom.

……

(End of this chapter)