Since they are reborn, they must be supported by the school beauties.

Chapter 157 Some competitors have already made their move!

Yan Chengbin, who was far away in southern Jiangsu, kept receiving reminders from acquaintances at the bank.

My daughter's account has started moving again, and frequently at that, with each transaction exceeding 50,000 yuan. She made forty payments in one go, and each of the forty recipients was different.

Yan Chengbin wasn't surprised at all, because he could guess that these forty transfers were definitely used to acquire taxi license plates.

He became even more curious about Chen Cheng's assessment.

Chen Cheng already has eighty taxi licenses, which is not a small number. If the price of a single taxi increases or decreases by 10,000, that's a fluctuation of plus or minus 800,000.

He put himself in Chen Cheng's shoes, considering Chen Cheng's current total holdings and leverage ratio. He had to admit that if he were Chen Cheng, he certainly wouldn't have the heart to withstand such pressure.

But he is different from his wife, Chen Min.

Chen Min is results-oriented; she will only acknowledge Chen Cheng's ability if he actually makes money through this scheme.

Yan Chengbin referenced more coordinates, and although he hasn't seen the results yet, he admires Chen Cheng's every move.

Chen Cheng and Yan Ruoxuan rushed back to school for class, while Shen Luning also chose a restaurant and time, reserving a private room at Jiangcheng Hotel at 7 p.m.

Meanwhile, in a budget hotel in Jiangcheng, run by people from Wenzhou, more than twenty men and women were having a meeting in the hotel's restaurant.

They were all speculators from Wencheng, specializing in taxi license plates. They chose Jiangcheng this time because one of them had heard about Jiangcheng's new car replacement policy and knew that the price of taxi license plates in Jiangcheng was at an all-time low.

As speculators with several years of experience, they have a strong ability to assess taxi license plate prices. They believe that Jiangcheng, as the provincial capital, has a license plate price of less than 50,000 yuan, which is obviously undervalued and there is definitely room for manipulation.

Therefore, they came to Wuhan as a group after the holiday, and this morning they began the preliminary preparations with clear division of labor.

They sent people to each vehicle management office to inquire about the current situation, and also arranged for others to hail taxis and chat with taxi drivers to ask them about their views on the vehicle quota market.

After conducting their research, they were all incredibly excited.

Because the Jiangcheng indicator market perfectly meets all their judgment criteria.

First, the market price of the benchmark is indeed at an unprecedented low;
Secondly, the trading volume in the index market has also dropped to a freezing point. There is a backlog of indexes waiting to be sold in the market. Once the buying interest opens up, there will definitely be a frenzy of transactions.

Third, the entire taxi driver community has absolutely no confidence in the price of the quota; no one has any hope of a price increase.

They came to a place to manipulate indicators, mainly through two steps:

The first step is to buy up all the available chips at the current lowest price.

The second step is to continuously raise the price of the quota and induce car owners who hold the quota to sell at a high price. For example, after buying at 50,000, the price is raised to 55,000 and then the price is raised to 60,000 and then the quota is raised again.

Their profits are divided into two parts.

The first part consists of the lowest-priced shares acquired at the very beginning, which is the biggest profit point. If the price can eventually be driven up to 200,000, each of these indicators will yield a profit of more than 150,000.

The second part consists of the shares that are constantly driving up prices and being bought at higher prices. The most important mission of these shares is to inflate prices. The profit margin will decrease as time goes on. They may still be buying and driving up prices when the price reaches 190,000. Therefore, the profit margin of such shares will be much smaller. However, because they bear an important mission, they are still indispensable.

Their ultimate goal is to create a sense of crisis among locals that "taxi quotas can continue to rise, and we must seize the opportunity to enter the market," and then sell all the quotas to locals and cash out and leave.

In order to make money together, avoid internal friction and malicious competition, they had already made arrangements at the mobilization meeting. One of the organizers said, "Tomorrow morning, we will go to the three vehicle management offices and spread the word that we will accept all quotas according to tomorrow's market price. When the transaction starts, each person will take turns to get one to ensure fairness."

The so-called "one person, one in turn" means that if eight people are assigned to this vehicle management office, all the drivers attracted by them will be sold to these eight people in order, with each person taking turns to buy one vehicle. If eighty vehicles are collected today, that means each person will buy ten vehicles. This is equivalent to a unified procurement price and procurement standard, and then fair internal allocation.

This was the basic logic behind their previous operations, and everyone was able to abide by this agreement well.

However, their group formation was only during the initial stage of accumulating shares at low prices.

Once prices start to rise, everyone acts independently and relies on their own abilities. Some people want to accumulate shares quickly, so they use more money to drive up prices. Anyway, everyone has low-priced shares, so everyone benefits.

If someone wants to liquidate quickly and make a profit, no one will stop them. However, according to the agreement, they must first ask their own people. If any of their own people want to continue buying, then their own people will buy it. Of course, the price must follow the market price. If they are not their own people, they will maliciously suppress the price of their competitors.

Overall, this is a disciplined team with a wealth of successful practical experience. In each city they visit, they are able to generate at least double the profit.

Just as everyone had finalized all the details, someone walked in and nervously reminded them, "There's something I need to share with everyone."

The leader asked him, "What's going on?"

The other party explained, "When I took a taxi today, I left the driver's phone number. I just called him to ask if he was interested in selling a license plate, and he said he had already sold one."

The person in charge waved his hand: "One car is no big deal."

"No." The other party continued to explain: "I asked him about the situation, and he said that someone at the vehicle management office confiscated forty cars in one go this afternoon."

Forty units?!

The twenty-odd people in attendance immediately erupted in uproar.

Their original assessment was that by buying at the lowest possible price, they should be able to acquire several hundred units, and they would have to do so swiftly, within a single day.

Because once the market has time to react, the price will definitely rise even without a price increase.

With hundreds of low-priced quotas available, each person can only get a maximum of twenty.

Forty units were sold out in advance, meaning 10% of the chips were snatched away.

The person in charge frowned and asked suspiciously, "We're all here, we haven't even started anything yet. Who did this? Are they also from Wencheng?"

"No."

The other party said, "I asked the driver, and it was a young man who bought it; he's from this province."

The person in charge quickly asked, "Is he still accepting them?"

"That's all. We'll stop accepting them after we've collected forty units."

"That's good, that's good..."

The person in charge breathed a sigh of relief, but his tone was still somewhat serious as he said, "It seems that other companies in the industry have also seen the business opportunity in Jiangcheng's quotas and have taken action ahead of time! However, the fact that he took forty units will not have a significant impact on us. But we can't delay any longer. In my opinion, let's not wait until tomorrow to officially launch. Let's start now according to our division of labor!"

Low-priced chips yield the greatest profits, and no one wants to miss this good opportunity.

They originally thought they were like special forces soldiers conducting reconnaissance across the river, with the advantage and initiative in their hands, and that it didn't matter when they sounded the attack. But now it seems they still need to get on the field as soon as possible.
-
Just as the news of a scoundrel trying to buy forty taxi license plates was spreading widely in the taxi industry at noon, another bombshell piece of news arrived.

At each vehicle management office, there are people with cash waiting to buy taxi license plates. The price for a license plate is 46,500 yuan, and there's no room for negotiation.

Many people were initially quite annoyed that they missed the midday wave, feeling they had missed a chance to make a move. However, just an hour or two later, things took a dramatic turn for the better.

These buyers, like the young man at noon, were very professional. They weren't acting alone, but rather as a group working together.

While some people are at the vehicle management office with their documents in hand, waiting to sign contracts and make changes, others are at the bank, occupying a window to transfer money. They even have the transaction contracts prepared in advance. Once the price is agreed upon, they simply fill in the amount and information, and the other party simply makes the payment before the ownership is transferred.

After the car owner received the payment, the other party had already contacted a scalper who took him directly to skip the queue and complete the transfer of ownership. The whole process was finished in about ten minutes, without any delays.

Many car owners who had been eager to sell their license plates didn't bother to think about why a group of people from other places were buying them; they just felt that their chance to get out of their predicament had finally come, so they flocked to the market.

These people had planned it all out in advance, taking turns to transfer ownership. The first car was transferred to A, then the second to B, and then to C. The seven or eight buyers didn't fight or compete; they just lined up, one car for you, one car for me, quickly acquiring and transferring ownership like an assembly line. There wasn't a single unnecessary word exchanged between them, let alone any arguments.

In just one afternoon, all the quotas that had been on the market for a long time but had not been able to be sold were bought up by these out-of-towners.

Speculators from other places bought more than 600 taxi license plates, but unlike Chen Cheng, they didn't just leave the cars parked after buying them.

Their method is to buy the car from the driver and then rent it to the original owner at a price far below the market rate.

If this car could normally be rented for 2,000 a month, we'd let the original owner continue driving it for 1,200.

They didn't want their cars to sit idle and reduce their income. These drivers had sold their cars and didn't know what to do with them, but suddenly they could rent them back at a low price to continue driving, and almost no one refused.

So these cars only went to the vehicle management office once to make changes, and then the original owners drove them back.

They only need to wait a few days for the new license plates to be issued, and then they can go back to driving taxis.

By this time, local drivers had realized that these people were there to speculate on taxi license plates.

However, they still have no hope for the taxi quota market in Jiangcheng.

The decision to replace their car at the end of the year is a done deal. They believe that as long as this requirement remains unchanged, the price of the license plate quota will definitely not rise.

However, they overlooked one problem: the taxi license plate market is not large, and the available license plates can be easily bought up.

Once the quota is sold out within this price range, if anyone else wants to buy it, they will have to pay more.

When the vehicle management office closed that day, the people of Wenzhou raised the price themselves. They used scalpers to spread the word that they would continue to collect vehicle quotas the next morning, and the price of the quota jumped directly from 46,500 yuan today to 48,000 yuan!

(End of this chapter)