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

Chapter 246 A Wrongful Child Descends from Heaven
In the eyes of staunch bulls, Chen Cheng's decision to short the indicators at this time is nothing short of suicide.

They were determined to wait for the market to recover, and now someone is giving them two extra layers of buffs. As long as the other party has a good reputation, they have no reason to hesitate.

Following Uncle Gao's statement, the other speculators readily agreed to follow suit.

Qi Duo then said to everyone, "Since no one has any objections, I will give them a reply. Once they have prepared sufficient business reputation, we can arrange a meeting. If there are no problems, we can sign the contract."

One of the speculators hesitated for a moment before speaking up: "Why do you think this person is so convinced that the index will definitely fall? And why does he think it will fall by such a large margin? Giving up 20,000 yuan now is already a 15% concession, and then giving up another 30% in interest, that's 45%. Does he really think the index price will keep falling and drop back to the level before the rally started?"

Qi Duo smiled and said, "This must be the gambler's mentality. Before the market started to rise, he was able to buy so many indicators in one go, which obviously had no basis. At that time, we hadn't come over yet. Without our efforts, the taxi market in Jiangcheng was affected by the year-end vehicle replacement policy and couldn't recover in a short time. He was so bold at that time. I think it was standard gambling. It's the same now. He's betting without any basis that the market will definitely crash."

Uncle Gao smiled and said, "Whether he's confident or just a gambler, it's not our concern. He's offering us money so readily, we have no reason to refuse. We've all lost a lot of profits recently, and by doing this, he's giving us concessions on both sides, which is like helping us recover a lot of our losses. If the market rises a little more, our profits will come back. Anyway, he needs to have enough goodwill to push this forward. How much he loses is none of our business. We'll just follow the contract."

Everyone nodded.

Everyone knows that people come to Jiangcheng to make money. Once their hype is successful and they leave, they will definitely trap many locals, but they don't care at all.

It's not fair to say they lack morals; it's just that they're born businessmen and skilled at doing business.

Moreover, the essence of doing business is not mutual benefit. The essence of doing business is to turn other people's money into your own. If mutual benefit can be achieved under this premise, that is naturally the best. If not, it is better to sacrifice a friend than yourself.

At this point, Qi Duo reminded everyone: "Please don't forget, if he can provide enough goodwill, you not only have to lend him your quotas, but also buy them back from him at a price of 12. Otherwise, if he takes the quotas out and dumps them on the market, the market will definitely be affected. This means that you all need to have the number of quotas multiplied by 12 in funds. Is everyone okay with this amount of funds? Let me assure you, although I'm having some difficulties, I should be able to get help from family and friends."

Uncle Gao raised his hand and said, "I have no problem. I have 220 quotas. I can have my wife mortgage all the houses, plus the same model and gold, and we should be able to raise more than 20 million."

Some people helplessly expressed that they no longer have enough money to multiply the quota by 12. All they can do is decide how many quotas to release based on how much money they have on hand.

For example, if you have two hundred quotas but can only allocate a little over ten million, then you can only allocate one hundred quotas to participate.

This also perfectly matches Chen Cheng's assessment of this group of people.

Speculators who speculate on taxi license plates are definitely weaker than speculators who speculate on real estate. They have already spent a lot of money hoarding license plates in Jiangcheng. Asking each of them to come up with tens of millions of yuan is actually very difficult for most people. Even people like Qi Duo and Uncle Gao would have to do everything they can to barely scrape together that much money.

This is tantamount to prematurely exhausting all their potential reserves.

Once the indicators and price action break through, they simply don't have the capacity to pull the market back up.

However, they were overly confident in the future market trends and completely failed to realize the problems involved.

Their calculations were as follows: they currently had 100 quotas, they would lend 100 to Chen Cheng, and then buy them back at a low price, meaning they would still have 100 quotas. However, after the contract expired, Chen Cheng would have to return 130 quotas to them, giving them a total of 230 quotas.

At that time, the profits may double again.

This isn't a windfall; it's a cursed child being born.

Chen Cheng quickly received a clear answer from Qi Duo.

Currently, there are a total of 1,500 to 1,600 quotas available in Wencheng. According to Qi Duo, as long as Chen Cheng can provide enough goodwill, he can probably lend him about 1,000 quotas.

Chen Cheng deliberately asked, "President Qi, aren't there 1,500 or 1,600? Why don't you just lend them all to me?"

Qi Duo said, "Some people don't have that much money left. We can lend it to you, but we don't have the money to buy it back. Didn't we agree on that? You can't sell the borrowed quotas to others and take the opportunity to dump the shares. This is something that needs to be written in the contract."

"alright."

陈程无奈的说：“1000个就1000个，按照总价1.2亿来算的话，我拿出4到5亿的商誉是不是就可以了？”

Qi Duo said, "Yes, as long as you can offer this much goodwill as collateral, we can sign the contract at any time."

Chen Cheng added, "By the way, I have a friend who has 100 quotas and wants to lend them to me. Why don't you see if any of you have relatively strong funds and take those 100 quotas as well? They're 12 each."

Qi Duo thought for a moment and said, "Let's discuss it and take stock of our financial situation."

Chen Cheng smiled and said, "Okay, I'll push this through. I'll contact you as soon as I have any news."

The nationwide impact of SARS will not be felt until February or March of next year, lasting until May. For most regions, the impact in February and March will be sudden, causing widespread panic overnight. Therefore, the rate of decline in indicators will be very rapid at that time, potentially resulting in a drop of tens of thousands of yuan in a single day.

This major trend is unlikely to change, and even if Wen Chengren tries his best to stimulate it, it will be to no avail.

By then, they won't be able to sell off any of the quotas they have left.

Once the index enters a state of extreme panic, it can drop from 10 to 3 without giving anyone a chance to get off the bus.

Because in a market in a state of extreme panic, it is impossible for anyone to go against the tide; those who do are destined to lose everything.

Since we're going to lose money no matter what, we might as well let them profit from it.

They usually prey on others, so it's only natural that they get preyed on themselves.

So Chen Cheng called Yan Ruoxuan and immediately asked her, "Class monitor, could you please put in a good word with your dad?"

Yan Ruoxuan asked in surprise, "Is your Renren.com seeking funding?"

Chen Cheng chuckled and said, "No, I have other collaborations that I'd like to discuss with you, Uncle, to see if you're interested."

"Other collaborations? What kind of collaborations?"

Chen Cheng said, "I can't explain it in just a few words. You should ask your uncle first. It's not a very large project, probably only a few hundred million. You don't need to invest real money. You just need to use some goodwill as collateral to operate it. If it succeeds, you can expect to make tens of millions in profit. However, this project will also generate another project. When the two projects work together, the other project can also bring in some profit."

Chen Cheng had no intention of hyping up any raw materials or finished medicines related to Banlangen from beginning to end. He only hoped to help Shen Zhou seize this opportunity and would require him to adhere to normal market prices. Ideally, he would sell all the products to the province at a fair price so that public hospitals could sell them uniformly.

In this way, Shen Zhou can earn the profits he is entitled to and fulfill the performance-based agreement while making money.

With a batch of affordable drugs available on the market, a number of expensive drugs will naturally decrease. Public hospitals stabilizing drug prices is a contribution to society.

The third point is that this move will definitely bring Lingzhou Pharmaceutical a lot of brand awareness and recognition in the province, and may even help Lingzhou Pharmaceutical open up new opportunities.

When there is no difference between companies, people will prioritize supporting local companies. And when local companies are more popular, the level of support will only be higher.

Pang Donglai is the best example.

If Lingzhou Pharmaceutical's Banlangen (Isatis root) can become the largest source of affordable Banlangen in the province during the SARS outbreak, the people of the province will remember this brand, and Shenzhou will definitely benefit immensely.

Of course, if he could really get Yan Ruoxuan's father involved, then Shen Zhou's reasonable profits from pharmaceutical manufacturing would naturally have to be shared with Yan Ruoxuan's father.

The gross profit margin of traditional Chinese medicine should be around 80%, and the net profit margin should be at least 30%. Moreover, the higher the sales volume, the higher the net profit margin.

With an investment of over 100 million, there's at least a return of 30 to 40 million. Add to that the income from shorting indicators, making 100 million within a few months is definitely achievable.

If Yan Ruoxuan's father is to bear the main goodwill, let him take the lion's share. Shen Zhou can contribute the goodwill of Lingzhou Pharmaceuticals and take the middle share. I can come up with the idea and take a small share as a token gesture.

Although Yan Ruoxuan didn't quite understand Chen Cheng's logic, she was still very happy to see that he was willing to talk to her father about cooperation.

If Dad is interested, we might be able to meet him.

Haven't Mom and Dad always wanted to see him?

I also really wanted them to meet Chen Cheng.

So, her voice brimming with joy, she said with a smile, "Wait for me a moment, I'll call my dad right now."

Chen Cheng said, "It's so late, let's not bother you anymore. We can talk about it tomorrow."

Yan Ruoxuan said repeatedly, "No, no, just wait for my message!"

(End of this chapter)