After the Divorce, I Could Hear the Voice of the Future -
Chapter 427 - 424: The Newcomer Doesn't Bode Well
"Can only ask the team now."
Lu Liang sighed, remembering Zhuang Wei from Detroit, they had just arrived a few months ago, far away from graduation, so they had to hire a foreign team at a high salary for chassis tuning.
However, once the Detroit factory is completed next year, the production can then be divided between domestic and foreign.
Just like Tesla, there are factories in California and Modu, which also helps in avoiding high tariffs.
In the future, products manufactured in the East Half Ball will be sold in the East Half Ball, and those manufactured in the West Half Ball will be sold in the West Half Ball.
Since they are partnering with General Motors for production, they will definitely put in some serious effort, which means a learning opportunity for Zhuang Wei's team.
Zhang Peiqiang and Liao Jie nodded, "We can only do it this way."
If it were another car company with Lu Liang's setup, they would accept an inferior chassis. In the future, they could completely utilize the patriotic sentiment to bind sales.
After all, it's tough for national brands; if the consumers can give them some patience and some time, they will strive to improve and mature early.
Lu Liang did not want to do that; he considered entirely from the consumer's perspective. Having spent the money, the consumers should enjoy equivalent services.
The so-called patience and time should be the sunk costs of the manufacturers, and should not be transferred onto the consumers.
If the product isn't mature yet, they should hold it off until it's mature.
After all, no one has a knife at their neck, forcing them to sell.
Lu Liang looked around and said, "This place is still a bit small. Let's wait for next year when the base in Su City is completed. It will be much larger then."
As it neared seven o'clock, Lu Liang ended his conversation with Zhang Peiqiang and turned to Shen Peng and Zhu Hu, smiling, "Gentlemen, how do you feel?"
Zhu Hu looked at Shen Peng. For the new energy industry, Golden Sand River had only invested in this one, with no other references, he felt it was hard to comment.
Shen Peng exclaimed, "It is much more mature than NIO."
He had visited NIO and seen their contract factories, but even Jianghuai's contract factory could not compare to this place.
Redwood had invested in many startups, including many in emerging industries. Entrepreneurs in these fields tend to have one common problem.
Despite appearing very confident externally, as Li Bing said, Porsche's production line is trash compared to Jianghuai's, highlighting an arrogant conceit.
The reality is that they try to cover up their insecurities, feeling uncertain about the future of their company and deeply concerned about the prospects of the industry.
But the impression this place gave him was as if Lu Liang was 100% certain that new energy vehicles will eventually surpass fuel vehicles to become the mainstream in the market.
Only with this belief could Lu Liang do everything to the best, ignoring any external negative publicity.
Just like a banquet that doesn't close, good dishes are worth waiting for. Even though they are only a year and a half behind Weiliao, he wasn't worried at all.
"After all, standing on the shoulders of giants," Lu Liang smiled, inviting them to dine at a nearby restaurant.
There was no drinking or entertainment, just a simple meal, and then he left early.
Leaving behind Shen Peng and Zhu Hu,
to deeply discuss the topic they had just toured.
"Old Zhu, you really have some luck."
Shen Peng was full of envy. When Tianxing was still young, Golden Sand River invested in it, apparently spending just over 200 million RMB.
More than a year had passed, and its value had increased by more than tenfold, especially since just the production base in Su City alone could secure loans of 15 billion.
Initially, Redwood had evaluated Tianxing Technology at 300 million dollars, but after today's tour, Shen Peng thought it deserved at least another 40% premium.
Zhu Hu grinned, "It didn't cost that much, and 70 million of it was old Luo's debt, just transferred to Mr. Lu."
Thinking about it now, he felt very fortunate that Lu Liang planned to venture into new energy with thorough preparations.
Capital was not an issue for him; the key was resources.
Bringing Golden Sand River was for Hammer OS, and bringing DiDi was to perfect the vehicular database system.
If Golden Sand River did not have the shares in Hammer Technology, it likely wouldn't have been able to smoothly invest in Tianxing Technology.
Shen Peng sighed, "Money isn't the issue for me; Redwood Capital has plenty of that.
But resources, with today's Tianxing Technology, with today's Lu Liang, what resources can't he get?"
"DiDi holds 20% of the shares in Tianxing Technology; holding more shares in DiDi is also like holding shares in Tianxing."
Zhu Hu squinted his eyes, displaying a mischievous smile, feeling somewhat intimidated about targeting Liu Qing in a few days.
After all, he was one of the top local representatives, inheriting all the resources of the Liu family, trained abroad, and even served as the president of Goldman Sachs's Asia-Pacific region.
If Shen Peng was willing to lead, he was happy to assist, leaving the spotlight for Redwood.
Shen Peng glanced sideways, entirely composed, "I don't mind, but aren't you worried that Redwood may not put in enough effort?"
"We only hold less than 2%; if DiDi doesn't go public, then it doesn't; we still have Meituan."
"…" Zhu Hu was at a loss for words for a moment and chuckled dryly, "Just kidding, let's stick to the original plan."
On the other side, Lu Liang returned to Tianxing Private Equity on the 17th floor, it was already nine o'clock at night.
The pre-market trading for Panda was very active, likely laying the groundwork for the upcoming surge.
The T+0 trading method made it impossible to manipulate retail investors into buying like in Big A.
If it were in Big A, as long as you bought today, there was no escaping, no matter what.
But US stocks were different, buy one second and sell the next, not only could you go long, but you could also short.
Yesterday it had risen 175%, but it was still far from becoming a monster stock; today the market generally expected a lower opening or sideways movement.
To prepare for the upcoming surge, warming up in extended trading was necessary so retail investors wouldn't rush to sell, holding their tickets to wait a bit longer.
Although it involved changing hands at a high level and JPMorgan had a lot of money, Wilson still hoped to attract retail investors with relatively less capital.
Save where you must, spend where you should. You could spend hundreds of thousands of US dollars in a nightclub in one night, but in the financial market, if you can make an extra dollar, you should.
"Do not place any visible orders, so as not to alert the retail investors. Start selling at 6.6 US dollars, sell more if the volume is high and less if it's low."
Seeing Lu Liang arrive, Sun Yutao felt reassured, gave him a glance, received authorization, and began issuing orders with his headset on.
Lu Liang nodded his head. As 9:30 approached, he too put on a headset and began his work for the day.
Although pre-market trading slightly increased by 1.2%, the market generally short-sold today's situation, opening at -0.58%.
Just seconds later, the transaction details suddenly refreshed rapidly, with buy orders of thousands, even tens of thousands, appearing in the market.
With overwhelming force, it swept all the buy orders in the market, thrusting a bullish line suddenly skyward.
Simultaneously, several second-tier assessment agencies suddenly issued joint statements suggesting that Panda's stock was abnormal, overpriced, and risky.
Lu Liang and others also received the alert immediately. Sun Yutao, thoughtful, couldn't help but look to Lu Liang, "Mr. Lu, what's this?"
"Don't worry about it. We do what we need to do."
Lu Liang paused to think, his lips gradually curving into a smile.
Big A was still too advanced, Wilson obviously wanted to play something different this time, emulating Big A to create a monster stock.
Like some stocks, the more you warn them, the more they are sequestered, the wilder they are when they come out.
It was supposed to be yesterday's closing price, slapping the assessing agencies in the face, a tactic they wanted to carry through.
Letting retail investors mistakenly believe that institutional assessments were misleading, when institutions short-sold, they would go long.
Little did they know, what they saw was only what others wanted them to see.
As soon as the risk assessment reports from these institutions hit, the stock price momentarily fell below 6 US dollars.
However, the dip did not last long; it climbed quickly again, reaching 6.5 US dollars.
Retail investors were baffled, unable to think, they impulsively clicked to buy, pushing the stock price over 6.6 US dollars.
85% of the 5853 million shares, about 4682 million shares, less than 300 million dollars in chips, were snatched up in an instant.
Without Lu Liang, the tiger blocking the path, the stock price could not be suppressed and continued to break upwards until it barely stopped upon reaching seven dollars.
At eleven thirty at night, Panda's current stock price was 7.05 US dollars, up 16.5%, with a market value of 13.5 billion US dollars.
Sun Yutao stiffened, displaying an uglier-than-crying smile, "Mr. Lu, there are only 11.71 million shares left in the account."
He seemed to have misjudged, underestimated the market's enthusiasm. If they didn't agree to change hands at a high level, perhaps they could have made more.
"Well done," Lu Liang smiled, not blaming him, "If it weren't for the risk warnings from those agencies, do you think the situation could have been this crazy?"
A masterstroke is the best description of Wall Street institutions.
Before the armies move, public opinion precedes it; holding the channels of communication, black can be turned into white.
Just like the past shorts on Neon, Xiangjiang, Korea, and big crocodiles, it was always the same.
First, the institutions downgrade the national credit rating; then, Soros publicly shorts it; finally, a little shaking makes the walls seem about to tumble, naturally drawing people into the short-selling camp out of panic.
But this time, they obviously learned from Big A's advanced experience in harvesting leeks, planning to play something different.
Making second-tier rating agencies, just below Moody's, Pu'er, and Fitch, send out risk warnings for Panda.
Then thoroughly slap their own faces in a self-directed, self-performed farce, making Panda qualify to become a monster stock.
Sun Yutao realized this, feeling slightly better.
At that moment, Lu Liang's phone rang, an international call, "Lu, how is it? Enjoying the sell-off?"
"Absolutely euphoric," answered Lu Liang, squinting his eyes.
It's not easy to be that newcomer with bad intentions.
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