Reborn in 2012, building a new energy empire

On Tuesday morning, soybean meal prices steadily rose amid a frenzy.

After breaking through the 3800 yuan mark, the price did not accelerate as many people expected, but instead became more stable, with the bottom gradually rising.

Jiang Haoran opened the 1-hour candlestick chart. The pattern of the past few trading days has been almost identical: the market opens 10 to 20 points higher in the morning, experiences two to three waves of fluctuation and decline during the day, but the lows rise day by day, and the market always closes at a relatively high level for the day.

On the daily candlestick chart, the consecutive positive lines are arranged neatly, presenting a near-textbook pattern of trend continuation.

The emotions on the forum are becoming increasingly extreme.

A user with the ID "King of Soybean Meal" posted screenshots of a mortgage contract and margin call documents, with the caption: "Selling my house to speculate on soybean meal, I won't close my position until it falls back to 3000! Do you really think these are golden beans? How many times in life can you gamble like this!"

Hundreds of replies followed, some praising him as "Awesome, bro," others advising him to "calm down," and many more calculating: "If the market really falls back to 3000 points, how much could he earn with his current position?"

Another post was teaching the "Supreme Mindset for Adding to Positions with Floating Profits," with the poster writing in striking red font: "There is no doubt that we are in a bull market now, and the biggest risk in a bull market is having too small a position!"

"Unrealized profits are not real profits, they are ammunition! Be bold enough to use profits to pursue even greater profits and achieve the miracle of compound interest!"

Below the post, someone asked: "OP, I currently have 50,000 in principal and 20,000 in unrealized profit. How should I add more?"

The original poster replied: "Convert all unrealized profits into margin and go all in! In a bull market, you have to be bold enough to take big positions!"

Jiang Haoran glanced at the posts, his expression unchanged.

He'd seen this scenario far too many times—during a market upswing, people who luckily caught the trend considered themselves "stock market geniuses," and all sorts of "strategies" and "mindsets" emerged. Only when the tide went out did they discover who was swimming naked.

His actions contrasted sharply with the uproar on the forum.

At 9:45 AM, the price fluctuated between 3805 and 3810. Jiang Haoran placed his first order: 50 lots at 3808 yuan. The order was filled.

At 10:30, the price retraced to 3802. Second order: 80 lots bought at 3803 yuan. Transaction completed.

At 11:00 AM, the price broke through 3815. Third order: 100 lots bought at 3816 yuan.

Like casting a net to catch fish, the goal is not to catch everything in one go, but to distribute the catch evenly in key areas.

到十一点半收盘时，他在3800-3830这个箱体内累计买入500手，持仓从2000手增加到2500手。

Fatty Li watched his actions, somewhat puzzled: "Brother Hao, adding to your position now...aren't you afraid of a pullback?"

"I'm afraid." Jiang Haoran stared at the screen. "So I'm adding in batches. Every time the price stabilizes above a certain level, I add a little. If it really pulls back and breaks down, I close out that part of the position."

He pulled up the hourly chart: "Look, since the price came up from 3700, it has consolidated sideways after each breakthrough of a key psychological level before continuing its upward momentum. This is a standard pattern indicating that the bulls are in control, and it's a good opportunity to add to your position."

After the market opened in the afternoon, when the price broke through 3850 and confirmed that the upward momentum was still strong, he added to his position again, buying 500 lots in batches in the 3850-3870 range at a faster pace.

By 2:30 p.m., the soybean meal 1301 contract was trading at 3990 yuan/ton, just a step away from the 4000-point mark.

Jiang Haoran's position reached 3000 lots, raising the average cost to around 3680 yuan.

Based on current prices, unrealized profits have exceeded 989 million. Total account equity has climbed to 1143 million, of which over 544 million is available funds.

Fatty Li stared at the fluctuating profits in his account, his voice hoarse: "Brother Hao... these numbers... are they real? I counted them three times..."

"Really." Jiang Haoran's eyes didn't leave the screen.

"Then...shouldn't we reduce our holdings a bit?" Fatty Li pointed to the price of 3990. "It'll be 4000 soon, and there will definitely be huge resistance at that round number..."

"There will be pressure, but not now." Jiang Haoran pulled up the position distribution chart and order book data. "Look at the buy position, there are still more than 50,000 long positions in the 3985-3990 range."

"Sell orders have indeed started to appear, but they are all small orders of dozens or hundreds of lots, and there is no sign of large funds selling off their holdings."

Fatty Li nodded, seemingly understanding but not quite.

But Jiang Haoran was not inactive. Since the price broke through 3990, he has begun to implement a new plan to reduce his holdings at higher levels.

Gradually reduce positions by 50-100 lots; the higher the price, the faster the pace of reducing positions should be.

This gradual approach to reducing positions locks in some profits without missing out on too many opportunities, and avoids prematurely exiting the market and missing out on a potential final surge.

By the close of trading, he had reduced his position by a total of 400 lots, bringing his total holdings down to 2600 lots.

The locked-in profits are converted into real, usable funds in the account, allowing him to manage his position structure more comfortably.

"Brother Hao, what if we break 4000 tomorrow?" Fatty Li asked.

"Once it breaks through 4000, there will be a surge of profit-taking," Jiang Haoran said calmly. "We'll see how the market holds then. If the support is strong, it might go up a bit more. If the support fails..."

He didn't finish speaking, but Fatty Li understood.

After the market closed, Jiang Haoran shut down the stock trading software and opened his email.

Lying in my inbox was Shen Mo's latest message: "The company registration procedures are all complete. It's been registered under the name you chose: 'Xinghai Investment Co., Ltd.,' with a registered capital of 20 million and a paid-in capital of 5 million. The legal representative is Chen Fang."

"The complete set of documents, including the original and duplicate business licenses, company seal, financial seal, and legal representative seal, has been retrieved and is ready for immediate use."

The attached document is a scanned copy.

Jiang Haoran opened and examined each one one by one.

The company name, "Xinghai Investment Co., Ltd.", is clearly and prominently displayed on the business license.

The scope of business listed includes: asset management, investment consulting, financial consulting... covering almost all the directions he might need in the future.

The legal representative's name is that of the mother, Chen Fang.

This is the first layer of his architectural design: using his mother as the legal representative to register the platform company, thus isolating himself from the risk of unlimited personal liability.

He had previously explained the situation by phone, and his mother had signed the full set of authorization documents, becoming the legal representative, but he was the actual controller and operator.

According to the structure designed by Jiang Haoran, "Xinghai Investment Co., Ltd." will serve as Jiang Haoran's primary platform for external investment and cooperation in the future. Currently, it is the general partner (GP) of investment projects and will jointly establish a limited partnership with Zhou Mingyu's company as the investment entity.

Partnerships serve as specific investment vehicles to operate in the futures and stock markets.

In the longer term, Xinghai Capital, which holds a controlling stake in Xinghai Investment Co., Ltd., will serve as the parent company's holding platform, coordinating all financial investments and industrial layouts.

Jiang Haoran and Shen Mo have already clearly communicated these architectural design requirements.

In the future, "Xinghai Capital" will operate as an overseas entity, indirectly controlling "Xinghai Investment Limited" through Hong Kong.

In high-end private equity and investment firm structures, this design is standard practice, as it clarifies responsibilities and minimizes risk.

Jiang Haoran's gaze lingered on the name "Xinghai Investment" for a long time.

In his past life, this name had served as the flagship of his career, sailing through the ocean of capital, only to be ultimately destroyed in a colossal wave he could not have foreseen.

And now, it reappeared quietly before his eyes, with a brand new registration number and date, the paper pristine and the ink clear.

The coordinates of those reefs and storms that once caused him to stumble are now clearly etched deep in his mind.

This time, Xinghai Investment is embarking on a new journey and will not repeat the mistakes of the past.

It is destined to sail farther than in its previous life, and the territory it anchors in will surely be as vast and brilliant as a true sea of ​​stars.