Bab 35: Seven Zeroes
Over the next two days, the stock of Tengfeng Group steadily inched upwards, although the increase was modest. Meanwhile, Qin Sheng continued to place orders and accumulate more shares, investing an additional two million yuan.
On the third day, Tengfeng Group held a press conference.
During the event, a manager from HD Group appeared, prompting a wave of speculation among the journalists. The rapid-fire clicking of camera shutters filled the room.
One of HD Group's most significant divisions is its investment department, which invests in only a handful of companies each year. The companies that attract HD Group's interest are few, but those fortunate enough to receive its backing invariably experience remarkable growth. HD Group is a legend in the industry, known for its sharp insight and flawless investment record. Every venture it supports becomes a resounding success, yielding substantial profits.
The enigmatic chairman behind HD Group has been the subject of much speculation. Many believe he is a seasoned middle-aged man with a wealth of experience.
The fact that the chairman of Tengfeng Group made a personal appearance at this press conference underscored the importance he attached to this partnership with HD Group.
After the two executives signed the contract, they shook hands. "To a fruitful partnership," they declared.
The manager from HD Group then announced to the press, "Our company will provide Tengfeng Group with both funding and technical expertise. We hope Tengfeng Group will achieve great success in the future."
Boom!!
The room erupted in astonishment. This was the first time HD Group had ever offered to support another company with its technical expertise. What was it about Tengfeng Group that made it so compelling that HD Group would break this precedent?
In the wake of this announcement, numerous rumors about the relationship between the two companies' owners began to circulate. Little did anyone know that Fu Hanchuan was simply interested in the intrinsic value of Tengfeng Group's products.
One of the primary reasons for Tengfeng Group's struggles was its lack of technology and talent. By providing assistance in these areas, the company was poised to grow rapidly.
Fu Hanchuan, after all, was a businessman, not a philanthropist. He would never engage in an endeavor that wasn't profitable for him.
Throughout the press conference, the smile never left the face of Tengfeng Group's chairman. This was HD Group they were talking about—an investment from them could resurrect a company on the brink of bankruptcy. How could he not be elated?
Although they had given away 35% of their shares, this percentage was a small price to pay compared to the significance of having HD Group as a partner.
Simultaneously, Tengfeng Group's stock price soared, climbing for three consecutive days and increasing eighteenfold. The stock now traded at 45 yuan per share.
Qin Sheng's initial capital had skyrocketed from just over ten million to a staggering two hundred million yuan.
She squinted at the figures in her account, counting the zeros multiple times. After a while, a smile curved her lips. In just over a week, she had transformed thirty thousand yuan into nearly two hundred million. She had indeed become quite wealthy.
Aware that the stock would not decline for the time being but recognizing that there was limited room for further growth, Qin Sheng tapped her finger on the mouse and sold all her shares.
With a windfall of over 180 million yuan, Qin Sheng was generous. She transferred fifty million yuan to Hong Yuan's account.
As soon as the funds hit his account, Hong Yuan received a notification from the bank. Seeing the string of zeros, he thought his eyes were deceiving him. After rubbing them, the zeros remained.
Hong Yuan counted once—seven zeros…
He counted again—still seven!!
Just then, another message came through from Qin Sheng: "If the company needs more funds, don't hesitate to ask."
Hong Yuan: "…"
He had initially assumed that for a young girl like Qin Sheng, being able to come up with three million yuan was already quite impressive. He never expected that she would casually transfer fifty million!
At the peak of his company, his total assets were only thirty million yuan.
And now, a young girl had outstripped even a man who had been toiling in the business world for years…
(End of Chapter)
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