Reborn in 2012, building a new energy empire

On Wednesday evening, Jiang Haoran had just finished dinner and put down his chopsticks when his phone screen lit up at just the right moment.

Lin Miaomiao sent a message: "The experimental data is basically compiled. See you at the lab on Wednesday afternoon at four o'clock?"

Jiang Haoran replied, "Okay, I'll be there at four o'clock sharp."

"Also, we tried the statistical method you suggested last time, and the results were indeed much clearer. We've been troubling you a lot, so we'd like to formally invite you to dinner to express our gratitude."

"You're too kind, it's nothing."

"Yes, I'll have it. Wednesday night then? There's a new Hangzhou-style restaurant that just opened outside the west gate of Jiaotong University, and the reviews are pretty good."

He tapped his fingertip lightly: "Okay, I'm looking forward to it."

"It's settled then, see you tomorrow afternoon."

The conversation ended, and the phone screen went dark.

These few brief exchanges were like a cool breeze, temporarily pulling him away from the intense, focused state of trading he had been in for days.

He got up from his desk and went to the balcony.

A warm summer night breeze swept across my face, the air thick and humid, carrying the faint scent of an impending downpour. In the distance, the city lights merged into a hazy sea of ​​light.

Time has quietly slipped by. Starting from a principal of 100,000, the personal account has now surpassed the 10 million threshold, the company has been registered, and a 30 million cooperation agreement is about to be signed... Every step has been perfectly in line with the plan.

He took a deep breath, the air, a mixture of city smoke and the scent of grass and trees, filling his chest.

Tomorrow will be another new day. What he needs to do is continue to calmly and steadily take each step forward.

The schedule for tomorrow morning has been arranged: he will travel to Shanghai with lawyer Shen Mo to formally sign the crucial cooperation agreement with Zhou Mingyu.

……

At 9:00 a.m. on Wednesday, the high-speed train arrived at Hongqiao Station on time.

Shen Mo, dressed in a dark suit and carrying a briefcase, waited at the exit. Upon seeing Jiang Haoran, he greeted him: "The car is on B1. Zhou Mingyu's company isn't far from here."

In the car, Shen Mo and Jiang Haoran finally synchronized the details of the legal communication between the two sides.

Jiang Haoran nodded: "Thank you for your hard work, Senior Brother."

"This is my job." Shen Mo put away the tablet. "Zhou Mingyu is a good person. He is very straightforward in his work. He is very practical in answering legal questions. The communication between the two sides is very smooth."

The car traveled on the elevated road, and outside the window was the dense skyline of Shanghai.

The meeting room is on the 28th floor of an office building in Lujiazui.

Zhou Mingyu had already arrived, dressed in a casual shirt without a tie. Two people sat next to him: the legal director and the finance director.

Inside the meeting room, Zhou Mingyu was already waiting. He was dressed casually today, but his eyes were sharp.

The company's legal counsel and a finance manager were sitting next to him.

"Brother Jiang, Attorney Shen." Zhou Mingyu stood up and shook hands, getting straight to the point, "Coffee or tea? Let's get right to it."

Shen Mo distributed the agreement text to all parties and began explaining it clause by clause. The only sounds in the meeting room were the turning of pages and the occasional question.

The general counsel's question was very technical: "Article 4, Section 7, regarding the flexible adjustment of the risk control line under extreme market conditions, how is this 'market-recognized extreme market condition' defined?"

Shen Mo adjusted his glasses: "We have defined and listed specific situations in Appendix 4, including but not limited to exchange announcements of abnormal market conditions and sudden major policy adjustments. We have also agreed on the communication process after these events are triggered."

Zhou Mingyu turned to the finance manager and asked a few questions, then turned to Jiang Haoran: "Brother Jiang, the 60% holding limit for a single commodity can be waived if it's passively exceeded due to unrealized profits, which I agree with. But if the breach is caused by active buying, how far in advance do we need to report it?"

"One trading day," Jiang Haoran answered crisply. "I will send an email after the market closes that day explaining the reasons and subsequent plans. In case of any emergencies during trading, we will communicate by phone first."

"That makes sense." Zhou Mingyu nodded.

The discussion lasted about an hour. The terms were confirmed one by one, with occasional minor adjustments by both parties, but all remained within the framework.

The signing process was very simple.

The three agreements were laid out on the table, and Jiang Haoran and Zhou Mingyu signed and stamped them in turn. Shen Mo, as the witnessing lawyer, also signed.

"Jiutian Investment Partnership (Limited Partnership)" was officially established.

Zhou Mingyu put down his pen and extended his hand: "It's a pleasure doing business with you. The funds will be transferred starting tomorrow and will be fully in place by Friday. The trading account and permissions have been set up, and you can log in at any time."

"Okay, I will be cautious when opening positions and try to get a good start." Jiang Haoran grasped his hand.

"It's up to you." Zhou Mingyu smiled. "I'll only look at the quarterly reports and the net asset value curve. You're fully responsible for the process."

At noon, Zhou Mingyu hosted a banquet at a nearby Cantonese restaurant.

The private rooms are elegant, and the dishes are exquisite.

Zhou Mingyu chatted amiably with everyone present, covering a wide range of topics, creating a lively atmosphere.

The dinner ended at 1:30, and Zhou Mingyu's driver took Shen Mo to the high-speed rail station.

At 3:50 p.m., Jiang Haoran arrived at the laboratory building ten minutes early.

Lin Miaomiao sent a message saying she would come down immediately.

The April sunlight filtered through the leaves of the sycamore trees, casting shimmering spots of light on the ground.

A few minutes later, Lin Miaomiao came out of the building, wearing a white shirt and light-colored jeans, her hair tied in a ponytail, and holding a folder in her hand.

Upon seeing Jiang Haoran, her eyes crinkled into a smile: "Jiang, you're right on time."

"Of course, I have to keep my promise," Jiang Haoran said.

The laboratory is on the third floor.

A faint smell of chemical reagents wafted through the corridor, and occasionally students would hurry by carrying equipment.

Lin Miaomiao's workstation is by the window, and data charts are already open on her computer screen.

She pulled over another chair: "As you said last time, we conducted a comparative experiment on the three sets of parameters, repeating each set five times."

Jiang Haoran sat down and quickly browsed the data.

The table is well organized, but the statistical methods do have some issues.

"Here," he pointed to the screen, "you did an ANOVA directly, but you didn't test for normality and homogeneity of variance. This step is essential when dealing with small datasets."

Lin Miaomiao leaned over to look: "Shall we finish it now?"

"Okay." Jiang Haoran opened the statistics software, imported the data, and said, "Let's do a Shapiro-Wilk test to check for normality first."

He was very skilled at the operation, typing code, calling functions, and checking the output. Lin Miaomiao watched from the side, occasionally asking a question or two.

"As expected, the data in group C do not follow a normal distribution." Jiang Haoran pointed to the p-value. "We need to use a non-parametric test; the Kruskal-Wallis test might be more appropriate."

"We didn't go into detail about this in class..." Lin Miaomiao said somewhat embarrassedly.

"I'll do it for you." Jiang Haoran created a new analysis script. "The principle is simple: it compares whether there are significant differences in the medians of the different groups of data."

The lab was quiet. The distant sounds of a stadium playing outside the window made the only sounds in the room the tapping of keyboards and the two people breathing.

Half an hour later, the results came out.

"Option B is indeed the best." Jiang Haoran pulled up the chart. "The slicing loss rate is 7.2% lower than Option A and 4.5% lower than Option C. However, the line consumption increases by 15%, so we have to consider the economics."

Lin Miaomiao had already written down the calculations on paper: "Based on the current price of silicon... the overall cost of Option B is still about 3% higher."

"But if the price of polysilicon rises to over 700, or the cutting speed can be increased by another 10%, Plan B can match or even surpass it," Jiang Haoran added.

Lin Miaomiao looked up at him, her eyes filled with surprise: "How come you even factored in the amortization effect of increased cutting speed on line consumption?"

"Basic skills." Jiang Haoran smiled. "To invest, you need to understand the industry, and to understand the industry, you need to understand the technical details. The core of reducing costs in photovoltaics is to meticulously refine each and every step."

Lin Miaomiao nodded thoughtfully.

She tidied up the draft papers on the table, glanced at the time, and said, "It's almost six o'clock. Shall we... go eat?"