Cherreads

Chapter 89 - Chapter 89 A "Gold Nugget"!

Deng Youwei nodded, thought back for a moment, and said,

"General Manager Fang and I have known each other for almost twenty years. We are from the same hometown, and General Manager Fang has helped me a lot with my business affairs over the years."

"Same hometown."

Su Yi said, "I remember General Manager Deng mentioned he was from Ruian County, Zhejiang Province, right?"

"That's right," Deng Youwei said.

"I thought General Manager Fang was a local of Modu," Su Yi said.

"Starting from scratch and building such a large 'Yuanhang Group' in over twenty years is truly impressive."

Deng Youwei said,

"Old Fang is indeed formidable, but the foundation of 'Yuanhang Group' wasn't laid by Old Fang. It's just that its ability to grow so large later on was entirely due to Old Fang."

Su Yi nodded slightly and then asked,

"I heard General Manager Fan mention that 'Yuanhang Group' has taken many orders from large state-owned factories. As far as I know, without certain internal connections, this should be quite difficult to achieve, right?"

"Absolutely," Deng Youwei said.

"Old Fang has operated in Modu for so many years; his network and connections are naturally excellent. What's more... he has people in his family. Whether in Modu or Zhejiang Province, in the business world or official circles, as long as interests align and principles and bottom lines are not violated, everyone will give Old Fang some face.

'Yuanhang Group' being able to secure many orders from large state-owned factories is, on one hand, indeed due to Old Fang's strong connections, and on the other hand, it's also because 'Yuanhang Group' is highly competitive. Under the same conditions, there's no reason for several state-owned factories not to choose Yuanhang Group."

"I see," Su Yi said.

"However, it somewhat surprised me that Old Fang would personally send Zhipeng to the business department to invite you," Deng Youwei said.

"He rarely values a young person so highly. Of course... this also shows that you, General Manager Su, are indeed exceptionally outstanding, and your future prospects are truly limitless."

Su Yi smiled and said,

"Thank you for the praise, General Manager Deng. However, I believe I caught General Manager Fang's attention mainly because of you, General Manager Deng, right?"

"I merely chatted a few words about you during my last deep-sea fishing trip with Old Fang," Deng Youwei said.

"Who knew he would take it so seriously after just one listen? From what Old Fang said... is General Manager Fang really planning to develop into the private equity business in the future?"

Su Yi nodded slightly and said,

"In the domestic financial market, the path of speculative capital won't last long. To achieve long-term development in the future, one needs a reliable primary business direction. Plus, I'm not a local of Modu and don't have deep family or background connections.

Just as General Manager Fang said... it's very difficult for an outsider to fight alone in Modu. If I can't consolidate the network of so many bosses who have already shown goodwill and attention, then in the future... as more and more people pay attention and become envious, it might become increasingly difficult!"

Hearing Su Yi's words, Deng Youwei was visibly surprised and said,

"General Manager Su is much smarter than I imagined, and your temperament truly doesn't seem like that of a young man in his twenties. There are many people in Modu who are indeed very exclusive, but as long as you have ability and means, no one will look down on you.

Modu is a city of mixed fortunes, full of vitality. Every day, people here create new wealth legends, and every day, people here lose everything and exit in dismay. This city is not suitable for everyone, but it is definitely suitable for... people like General Manager Su."

"I'm not as formidable as General Manager Deng thinks," Su Yi replied with a smile.

Deng Youwei narrowed his eyes, scrutinized Su Yi carefully, and chuckled,

"Old Deng rarely misjudges people. The financial market is an extremely dangerous market, but it is also the fastest market for wealth accumulation and the easiest to gain exorbitant profits. General Manager Su has extremely high talent and ability in this area.

Coupled with your mature temperament and benevolent nature, it will be hard for you not to succeed in the future. What I said earlier during the meal. If General Manager Su launches a private equity product, I will invest 50 million. That was not a joke.

As long as General Manager Su has the idea of starting a business in this direction, no matter when your private equity product is established, the 50 million investment I have can be deposited at any time to support General Manager Su's business development in this area."

"I know General Manager Deng is serious," Su Yi said.

"I also sincerely thank General Manager Deng for your trust in me."

Deng Youwei laughed heartily and said,

"Little brother Su just needs to remember this big brother's intention. Maybe in the future when you become successful, this big brother might still need your help."

In his lifetime, he had accumulated his current wealth and achieved his current status.

It was inseparable from the help of friends around him.

Therefore, after seeing Su Yi's future development potential, he naturally began to continuously show goodwill towards Su Yi.

After all, whether in the business world or in life, even among friends, there is a principle of mutual benefit and helping each other.

He showed goodwill to Su Yi today.

Although he couldn't guarantee that Su Yi would reciprocate in the future, establishing such a good relationship with the other party would ultimately do no harm.

"Alright,"

Su Yi nodded with a smile, feeling that Deng Youwei was a very good person.

He replied, "If General Manager Deng truly needs my help in the future, and I happen to have the ability to do so, rest assured, I will absolutely not decline."

After speaking, Su Yi saw that the car had reached its destination, so he bid farewell to Deng Youwei, got out of the car, and returned home.

Subsequently, over the next two trading days.

'Teli A' continued its limit-up streak with high turnover amidst the market's sustained rebound, pulling its stock price up to 39.60 yuan.

During this period, Su Yi maintained a locked-in position.

The market value of his 53,000 lots of shares had reached 209 million yuan, and his total assets amounted to 259 million yuan.

After that, the weekend arrived, and the regulatory authorities continued to release positive news to the market.

At the same time, many stocks began to disclose their semi-annual report data.

Facing the sporadic positive news released by the regulatory authorities, as well as the continued bullish calls from major institutional advisors, analysts, and major securities and financial media, Su Yi did not pay much attention.

He did not believe that this information, which had long numbed market investors, could bring much stimulus to the market.

So, after briefly browsing the market news, he began to "pan for gold" in the semi-annual reports disclosed by the two stock exchanges.

And surprisingly...

As he idly flipped through the semi-annual reports of various listed companies.

He really did find a "gold nugget."

The reason this "gold nugget" caught his attention was not because the company's disclosed performance was excellent; on the contrary, the company's disclosed performance was terrible, truly terrible, and consistently terrible.

The real reason he considered it a "gold nugget" was because of the shareholder ownership structure disclosed by the company.

According to the latest shareholder ownership data disclosed by this company, not long ago, the "Securities Finance Company," which had entered the market with trillions of yuan to rescue it, had surprisingly transformed into the largest shareholder of this ordinary company, which originally had no actual controlling party, with a shareholding of 3.29%, a full percentage point more than the second largest shareholder's stake.

(End of Chapter)

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