Reborn as a female internet celebrity in a county town

Chapter 322 Last year's leaves have held on until this year...

The liquor sector is performing exceptionally well!
Compared to other consumer goods, such as soy sauce and vinegar, even if sales improve, it is difficult to achieve a qualitative leap in quality.

You can't just suddenly sell vinegar that originally cost ten yuan for twenty yuan, can you?

The same applies to home appliances, such as air conditioners, washing machines, and televisions. The only way to attract buyers is to lower the prices.

And baijiu (Chinese liquor) is something that allows for a lot of imagination.

First of all, the current valuation of liquor is very low, and even if it doubles, it will still be within a reasonable range.

Secondly, baijiu (Chinese liquor) has a unique potential for growth because its price can be increased.

The government may not raise prices, but private individuals can, because once a bottle of wine is opened, it has no expiration date.

A bottle of vinegar, once opened, can last a long time.

An air conditioner can be used for several years, more than ten years, or even decades...

A bottle of wine loses all its value once it's opened.

This means that baijiu (Chinese liquor) has a lot of room for growth, far exceeding that of any other consumer product.

Secondly, baijiu can be hoarded, which will create a scarcity of high-quality baijiu on the market, further increasing the potential for this phenomenon.

Nobody would hoard vinegar, televisions, refrigerators, or air conditioners...

There is a large group of people in China who hoard liquor. With stable distribution channels, the price of baijiu (Chinese white liquor) has generally increased by 5% to 10% annually over the past thirty years.
A bottle of liquor that cost a few yuan more than 20 years ago would be worth more than 100 yuan today.

A bottle of liquor that cost a dozen yuan thirty years ago would be worth six or seven hundred yuan today.

Baijiu is more of a cultural label, endowed with many other attributes.

How can you not drink alcohol when it comes to large-scale infrastructure projects?
Treat baijiu (Chinese liquor) as the leading ingredient in this round, and pair it with medicine—that's all you need.

Whenever they initiate a market rally, there are always multiple supporting factors, and in the liquor sector, they even hold the initiative.

They can stockpile alcohol themselves, mainly high-end liquor, which will significantly boost the revenue and profits of the companies they have heavily invested in.

For example, if you buy 5 billion units of Moutai liquor, since the cost is almost fixed, selling an additional 5 billion units will not only not increase the cost, but will actually reduce the overall cost.

With sales of 60 billion and net profit of 27 billion, sales of 65 billion would likely result in net profit of 30 billion.

If net profit increases by 3 billion, then at a PE ratio of 40, the market value can be increased by more than 100 billion.

In addition, the huge increase in net profit compared to last year provides additional room for imagination, allowing for continued promises to make the high stock price more reasonable, thus attracting more funds to enter the market and help prop up the price.

Baijiu (Chinese liquor) perfectly meets their current needs.

As for whether Tianjin Capital would get involved? They hadn't even considered it.

First, Tianjin Capital currently has a lot of funds available for its shareholding increases, so they don't have much capital to come over.

Billions? A hundred or two hundred billion? That's nothing.

Even if they have new funds, won't they clean up their own mess? If they don't, the market will keep falling, and how much can they recover through liquor stocks?

Those who trade the market aren't afraid of people coming in; they've already laid the foundation at the bottom and hold the initiative.

They don't care if other people's funds come in less, because stocks are not something that only one or two companies deal with, nor is it something that can be done in a day or two.

They are happier when more funds come in from others, as they can not only offer higher expectations, but also, by maintaining control, they can trap the other party if they are even slightly greedy.

As for whether Tianjin Capital will suddenly have hundreds of billions of yuan, and use half of it to clean up the mess and the other half to rush into the liquor sector to make money?

That wasn't within their consideration either, because Tianjin Capital's instincts wouldn't be quick enough; by the time they realized what was happening, the liquor had already been sold.

If the liquor sector surges by 40%, who would dare to enter?
If too many people come in, they can smash things anytime!

And forty points is easy to achieve.

During a bear market, a gain of forty points seems extremely difficult, but during a bull market, a gain of forty points can be achieved in a very short time.

There are many benefits to pulling up the price by 40 points. One is that it can shake out some of the retail investors.

After all, retail investors are afraid of high prices. After a year of hardship, they finally start to break even, and their first instinct is to reduce or liquidate their positions. Retail investors rarely hold onto stocks that double in value. After making a profit of ten or twenty percent, they run away after a few days of slight adjustment.

After a 40-point drop, the market will gradually establish a bottom and build momentum. This will allow for support at higher levels, and those holding the lowest-priced shares will have more room to maneuver. Even if a black swan event occurs, there will be sufficient buffer.

Time quickly passed to the fourth week of January.

During the pre-market auction, the liquor sector showed unusual activity, with the entire sector rising by two percentage points.

After the official opening, the price surged even higher.

Within just ten minutes, Moutai liquor rose by six points, and Wuliangye liquor rose by seven points.

However, after the initial surge, the price gradually declined until the close, essentially returning to the opening price without any significant rebound.

On the surface, it gives the impression of a deceptive tactic.

Lin Lang left the trading room after the market closed. He was quite busy today, mainly because he needed to enter the liquor market.

Not much money went in today, only about two billion in total.

The main reason is that he doesn't dare to take big positions. Of the 2 billion, 1.6 billion was acquired during the initial price surge. At that time, no one would have thought there was anything wrong with acquiring more shares.

During the pullback phase, he could only spread his funds out, with each transaction potentially amounting to only 200,000 to 300,000 or 400,000 to 500,000. He was exhausted but still didn't accumulate many chips.

If more funds were poured in, the downward trend would be stopped immediately; he doesn't want to become a major player in the market.

Today's market trend clearly shows that established mutual funds are eager to enter the liquor sector.

Consumer electronics performed well today, but Lin Lang didn't participate; he needs to reserve funds for liquor.

Tianjin Hybrid Selection's net asset value continued its downward trend today, declining by 1.79%.
This decline was foreseeable. The losses on liquor stocks were not significant, but the losses on other holdings were much larger, averaging close to three percent.

If it weren't for some funds remaining in cash to offset market fluctuations, today's net asset value would have been even worse.

Lin Lang didn't stay at the company for long; he went directly to Tianjin Capital's new office building, where there was a quantitative project.

The quantitative project had only been running for a few days, and the first task was to optimize the search algorithm of the Tianjin Wealth app.

Lin Lang was just an observer; he also had to screen this batch of employees.

Two of them were people whose abilities Lin Lang highly recognized. Even in his previous life's company, they would have been core members of the project, with an annual salary starting at several million.

Tianjin Capital offers very competitive salaries, with a monthly salary of 45 and an annual salary of 16.

Search algorithms aren't actually that difficult, but achieving complete control over the search is quite challenging.

……

Gu Shusheng is a graduate student in the Department of Mathematics at Tsinghua University, specializing in various algorithm models. Based on the several projects he did during his graduate studies, a company offered him an annual salary of two million yuan right after graduation.

He felt the salary was too low and wanted to seek an annual salary of over three million, but after several months of negotiations, he still hadn't found a suitable candidate.

He has high standards for work. First of all, the project must have a promising future. Otherwise, even if he is offered an annual salary of three or four million, he will not go. He would be wasting his time.

He's just starting out, and being able to accept an annual salary of three or four million doesn't mean that's all he'll ever aspire to.

If a project has no future and becomes worthless after one or two years, it will have a huge impact on his future.

However, he encountered Tianjin Capital.

Gu Shusheng knew about Tianjin Capital, but he wasn't initially interested in it, feeling that the company wasn't a good fit for him.

Tianjin Capital is a public fund. Even if a public fund does quantitative projects, it is only an auxiliary activity and it is difficult to generate much return from quantitative projects.

Instead of going to Tianjin Capital, he thought it better to ask his seniors at Tsinghua University for referrals to Wuliang Capital. He felt that he could realize his full potential at Wuliang Capital.

However, Wuliang Capital doesn't offer much money; the monthly salary is only 200k, and there's only a 13th-month bonus.

When his senior classmates first joined Wuliang Capital, their monthly salary was basically 300k RMB or more. Now, Wuliang Capital is not short of people.

He originally thought that if there was no suitable option, he would go to Wuliang Capital after the New Year, since there was at least a future there.

However, when he tentatively talked to Tianjin Capital, the conditions they offered completely stunned him.

Monthly salary 450k, 16 months' salary.

My senior classmates who have been working for three or four years don't even get this kind of treatment.

He really couldn't refuse an annual salary of over seven million, even if he only received less than five million after tax.

So, I accepted the offer from Tianjin Capital.

After arriving at Tianjin Capital, he knew it was a makeshift operation. The guys in the entire project team were incredibly incompetent, and most of them didn't even have bachelor's degrees from top-tier universities.

For them, a very simple search algorithm was like moving mountains.

Gu Shusheng didn't know the salaries of his other colleagues, but he figured they must be quite high.

In his view, with that level of skill, even with a few years of work experience, one could only earn a salary of ten or twenty thousand yuan in Shanghai at most.

From my perspective, I estimate that Tianjin Capital offered a premium of 100%.

Based on the 16-month salary system, Tianjin Capital's annual salary for them would probably be around 500,000 to 600,000 yuan.

Five or six hundred thousand yuan, and this is the kind of scum you found?

It doesn't matter anyway, the salary is high enough and Tianjin Capital has money, so they probably won't mind such a small loss. I'll keep the high salary for as many years as I can.

The search algorithm was a task Gu Shusheng received last Thursday, and he felt it was not difficult at all. After seeing Lin Lang come over, he found Lin Lang and said, "President Lin, I have completed my task here."

"So fast? I didn't see the message in the project group."

"I completed this independently over the past few days."

Lin Lang nodded and said, "Okay, I'll take a look."

Gu Shusheng took out a USB drive and handed it to Lin Lang, preparing to demonstrate.

He didn't know much about Lin Lang, only that this young man was the boss of the entire project.

Since he works in finance, he figured he might not fully understand it, so he said, "Let me demonstrate the visual code execution steps to you using online software. I've also made a simple animation..."

After all, he couldn't rely on Lin Lang's extensive knowledge and tried to simplify things as much as possible.

"No need, no need, I can do it myself."

Lin Lang took the USB drive and waited for the computer to respond.

Gu Shusheng didn't say anything.

But he soon realized something was wrong.

Lin Lang first used a very small dataset as a standard, then set various breakpoints and verified it step by step. Finally, he used a debugger to test a variety of key variables.

Lin Lang is very professional.

Finally, Lin Lang stopped what he was doing and calmly said, "It's alright, but it's a bit complicated and requires a lot of computing power."

"Mr. Lin is not satisfied?"

"Strictly speaking, yes, there are some issues. Firstly, the efficiency isn't very good. For example, your decoding efficiency..."

Gu Shusheng listened attentively from the side. After all, Lin Lang was the project leader. Regardless of whether what he said was right or wrong, he had to listen carefully when Lin Lang spoke, since he was earning an annual salary of over seven million.

But as he listened, he realized something was wrong.

Lin Lang actually derived a whole bunch of things from just a basic decoding efficiency.

He introduced two concepts: multi-token prediction and speculative decoding.

This reduces the number of decoding steps and improves efficiency.

……

Lin Lang considered prediction and speculation as the core of this operation.

Because this is the foundation of artificial intelligence.

Artificial intelligence, in essence, is the prediction of many things based on computing power.

They don't create things out of thin air; they only integrate them.

Just like how people learn how to use the knowledge in books after they read them.

Search algorithms are actually useful, and Lin Lang's reason for developing search algorithms was to use them as an entry point for a large language model.

However, launching the project directly is a bit difficult.

Not only are the employees not capable enough, but Tianjin Capital also lacks sufficient basic conditions.

Before we knew it, we had been chatting for two or three hours, until Yan Li called.

After hanging up the phone, Lin Lang turned to Gu Shusheng and said, "I have some things to take care of, so I'll be leaving now. Feel free to contact me anytime if you have any questions."

Lin Lang knew that Gu Shusheng would definitely understand, because it wasn't difficult to comprehend.

The difficulty lies in how to achieve it.

The simplest example is that when someone searches for "午马", the system should consider from multiple perspectives whether the other person actually wanted to search for "无码" and made a typo.

When I arrived at the company, I saw the employees carrying things; they were the company's New Year's goods, which had arrived today.

Tianjin Capital didn't have an annual meeting this year, mainly because they were too busy.

Anyway, the salary is paid in advance, and the holiday is two days longer than usual. The year-end bonus will not be paid until after the New Year.

Lin Lang walked to the door of Yan Li's office, knocked on it, and said, "President Yan, I've come to deliver your New Year's gifts."

As he spoke, he walked in.

Yan Li looked up, smiled, and held out her hand, saying, "Give it to me, let me see what it is."

Lin Lang immediately reached into his pocket.

Yan Li was stunned. "You actually prepared a gift for me?"

She thought Lin Lang was just joking, or that the gift was himself or something like that.

"Of course we prepared."

As Lin Lang finished speaking, he also took something out of his pocket.

It was a ginkgo leaf.

It was planted below the office building, and it should have all fallen by now, but Lin Lang still managed to spot one.

"The leaves from last year have made it to this year..."

(End of this chapter)