Chapter 194 The First Experience of the Entity(6K)
Chapter 194 First Entity Experience (6K)
Author: Ru Meng Ru Hua
Chapter 194 First Entity Experience (6K)
"It's still early. His dosage won't be increased yet. It will probably take a few days." Gu Junhao said with a smile. He naturally understood Xu Jianqing's little thoughts.
"That's okay, but it's really strange that Laoshan Xuan's stocks always get out of this kind of sideways and volatile trend, and then they can start to move beautifully again without even noticing it."
This is why Xu Jianqing was surprised. After a while, Yin Zhijie's stock price actually returned to above 17 yuan. He thought it would fall to around 15 yuan.
"The boss likes to trade on the left side. The left side is the most tiring and requires the most patience." Wang Ruoyu said with a smile.
Compared with Dongfang Fortune's unilateral downward adjustment, Yin Zhijie's sideways fluctuations are simply child's play, and the early-stage trend of Xibu Securities can torture people to death.
"Well, that's how trading on the left side is. It requires a lot of patience, but if you do it right, the returns are very good."
When choosing the right stocks, the security is high and the rate of return is guaranteed. Using time to exchange for space, the biggest requirement is to have enough patience.
Although all funds closed in the green on Thursday, overall this week still saw a sharp rise, with the largest increase being Wan'an Technology, which rose 5.83% for the week.
Followed by Hibe Securities, Hibe Securities rose 4.94% this week, but the number of times Hibe Securities actually rose this week was only on Monday and today.
On Monday, Hibe Securities rose 1.62%, and today it rose 3.53%, offsetting the adjustment from Tuesday to Wednesday. The sharp increase in Hibe Securities also made it the fund's top holding by a slight advantage.
The market value of Xibu Securities this week was 14.796 million yuan, followed by Yinzhijie, which temporarily ranked second with 14.742 million yuan. As for the position chips that Gu Junhao focuses on most, there was no increase this week.
Wang Ruoyu and Liu Tingting did not dare to make large-scale T trades every day, and their income was limited. They both wanted to wait for a better opportunity to increase their positions at once. It was much more convenient than buying hundreds of shares every day now.
"Huh? This week's performance is good." After counting the fund's income this week, Gu Junhao said with some surprise.
At the end of this week, the net value of Junshi No. 1 Fund soared from 1.3607 last week to 1.4387, with the overall size reaching 57.5468 million yuan, and the rate of return is really amazing.
The 43.87% rate of return surprised even Gu Junhao himself. It came too quickly. If this continues, it won't be long before the fund's net worth reaches over 1.5.
At that time, in addition to charging the maximum management fees normally, you can also receive the final profit share, and the company's performance will achieve a qualitative leap.
——
In Shanghai, Shenda Investment Fund Trading Room, Ren Yetao stared at the newly refreshed private equity rankings. Junshi No. 1 ranked first, with a net worth ratio of 1.4387 that was particularly eye-catching.
Different from regular private equity, although Shenda Investment is covered with a layer of private equity, its operating methods are still the same as most hot money in the market. Except for Highlander, which controls the market, it will go wherever there is profit.
Therefore, the fund curve rate of Shenda Investment fluctuates up and down, which makes people puzzled. The rebound of the market at the end of July, coupled with the popularity of the military industry concept, Ren Yetao also took this opportunity to pull Hailanxin back to a certain high level.
Coupled with some short-term stock operations, overall, the income of Shenda Fund since August has been pretty good, but compared with Junshi No. 1, it is obviously not good enough.
"It's a good thing that this little guy is not in Shanghai, otherwise this terrifyingly stable curve rate would have stolen away many customers." Ren Yetao looked at the ranking list with some envy.
However, this kind of operation method is something he cannot adapt to. He is still used to the fast in and out of hot money, as well as controlling a certain small-cap stock.
"I guess my colleagues in Yongcheng are also complaining a lot." Zhang, the leader of the trading team, agreed with a smile.
"Haha, maybe that's the case. This little guy is so stable and the rate of return is so terrible. In just a short time, the scale is almost reaching 60 million yuan."
There is no customer who would not envy such a rate of return. Fortunately, this little guy has no idea of launching a second fund. Otherwise, I don’t know how many funds in the same industry in Yongcheng will face the risk of redemption.
The reason why Ren Yetao, who is a hot money guy, pays attention to Gu Junhao is because he used special channels to learn that the agency that intercepted him was Gu Junhao.
For this reason, Ren Yetao also spent a large amount of money to obtain this kind of information that is quite confidential for ordinary organizations.
"Judging from the delivery orders announced by Mr. Gu, he is better at band operations. I never expected that the sharp method of intercepting our hot money was also the work of Mr. Gu."
Lao Zhang said with emotion, Mr. Ren is 20 years older than Gu Junhao, and they have equal status. Of course, the little guy can yell, but he can't just yell.
"Yeah, I really didn't see it. He still has the potential to do hot money. Fortunately, he has no interest in doing hot money. Otherwise, such a strong opponent would really be a headache."
The two of them were strangers to each other, and he couldn't give Gu Junhao much benefit. Even if he wanted to cooperate, the other party might not agree.
"Is Mr. Ren's source of information accurate?" His trading methods were seriously inconsistent with Gu Junhao's, and Lao Zhang was indeed a little unsure about this.
"100% accurate, but we can only get information about Hailanxin, which he liquidated. Now it is almost impossible to know some of the positions."
"It's not difficult to guess the existing positions. They are simply related to heavyweight stocks, financial companies or securities companies. These have risen the best recently."
"Is it possible that it's Tonghuashun? Tonghuashun has been rising very well recently, but it's a pity that it's controlled by large institutions, so short-term traders like us can't get much benefit."
"Isn't it possible for Tong Huashun? Mr. Gu's personal account has appeared on Tong Huashun's dragon and tiger list before. If the fund buys it again, it will be suspected of violating the rules."
"That's hard to say. Young people tend to be impulsive. Maybe Tonghuashun is in his fund holdings. Look at this rate of return, which is quite consistent with Tonghuashun's trend."
Lao Zhang curled his lips secretly and said nothing; however, he disagreed with Mr. Ren's views. Not everyone does not abide by the rules. Mr. Ren is a hot money, buying today and selling tomorrow, of course it doesn't matter.
But Gu Junhao's style is to hold medium and long-term positions. Each stock position is calculated on a monthly basis. If this is found out, it will be enough to drink a pot.
"Hey, I don't have a chance to retaliate, so it's always hard to get over it." Ren Yetao said with some reluctance.
Of course, the so-called revenge in his mouth also refers to cutting off one of Gu Junhao's holdings just like the last time Gu Junhao cut off Hu. An upright contest in the secondary market does not mean a small act of revenge in private.
Ren Yetao is just used to walking on the edge of the rules, and he still doesn't dare to commit real crimes.
"There must be opportunities. As long as everyone hangs out in this place, you will always meet them." Lao Zhang quickly comforted him.
"That's right, let's not talk about him for now; we should control the net worth curve better now. Investors have spoken out, saying that if we continue like this, we will have to redeem even if we default." Ren Yetao said with a wry smile.
Speaking of which, it was still Gu Junhao's fault. The previous ups and downs trend kept the investors from having trouble sleeping at night. Now that Gu Junhao has disrupted the situation, everyone is in trouble.
To use the investor's own words, it's also a private equity fund. I don't require you to achieve such high returns, but can your drawdown rate be as stable as Junshi No. 1.
Unlike Ren Yetao, who suffers from unstable returns, Gu Junhao appears to be much more relaxed; investors have more praise for Gu Junhao.
No, after the closing, Gu Junhao also received an unexpected phone call. It was from Jiang Jianbai, one of the first investors of Junshi Capital. His words revealed that he wanted to have more cooperation possibilities with Gu Junhao.
Jiang Jianbai is one of Gu Junhao's fans in Taogu Bar. He decisively followed the investment when the fund was established. This time, he wanted to have an interview with Gu Junhao because of business development issues of the business company.
Gu Junhao thought about it for a while and then agreed. Although he didn't know what kind of business he wanted to talk about, the only thing that had nothing to do with him was money-related issues.
Jiang Jianbai has been in the auto parts business for five years. He recently received a large order. However, if he wants to successfully complete this order, the company must increase equipment and expand production and recruit workers.
Faced with the temptation of orders and the risk of increased investment, Jiang Jianbai hesitated. On the one hand, it was profit, and on the other hand, it was risk.
Industrial investment carries huge risks. If you blindly expand production just because of one order, the consequences are likely to be that you lose all your money in the end, and the newly added machines will be disposed of at a low price like scrap.
Unlike his own limited understanding of the macro market, in Jiang Jianbai's opinion, Gu Junhao's ability to achieve such stable and huge returns from the fund must have unique insights into the country's economy.
I met Gu Junhao and had a detailed chat with him. Maybe he could provide me with some ideas. Of course, it would be better if Mr. Gu could invest.
After all, in Jiang Jianbai's view, Gu Junhao's participation is equivalent to a guarantee of income, and he can also share his financial pressure.
As for equity, Jiang Jianbai is not worried. Even if Gu Junhao participates, he will only play the role of an investor to provide himself with some ideas, and will not participate in the specific operations.
I have never seen a fund manager who invested and ended up becoming the director of a factory.
——
At ten o'clock in the morning on Saturday, in the reception room of Junshi Capital, Gu Junhao and Jiang Jianbai sat across from each other at the table.
The entire company is closed on Saturdays. For example, some people in the market intelligence department who need to collect information are dispersed in various places. There is no need to work in the company except under special circumstances.
Gu Junhao and Jiang Jianbai were the only two people in the whole company, and they seemed particularly quiet. This was also the first time Gu Junhao came to the company on the weekend.
"Brother Jiang, drink tea." Gu Junhao said with a smile.
"What kind of tea should we drink on this hot day?" Jiang Jianbai said speechlessly.
"Haha, let it cool down before drinking. I see everyone is setting up a teahouse, so I'll join in the fun. But this is my first time using it. My technique isn't very good. Brother Jiang, don't be surprised."
I have been to the offices of some local business owners before, and everyone has set up a teahouse for guests to sit and drink tea. Gu Junhao also made one like a tiger painting a cat.
But today is really the first time to use it, and I didn’t expect that it would be inappropriate to drink tea on such a hot day, so I could only respond with a slight embarrassment. Fortunately, Brother Jiang is also an old acquaintance.
"I see, you might as well throw some tea leaves in the cup, but it's my honor to let Mr. Gu make tea for the first time, haha."
"Brother Jiang, don't laugh at me. In fact, I usually drink more coffee and I'm really not very interested in tea."
"Understood, you investors should be more efficient." Jiang Jianbai took a sip of tea. It was too hot, so he might as well put it down.
"Why is Brother Jiang looking for me this time?" Gu Junhao also went straight to the point and said, the relationship between the two is quite good, there is no need to be too polite.
"It's like this. I recently received an order. I'm a little hesitant and want to hear Mr. Gu's opinion." Jiang Jianbai started.
"Brother Jiang, you should call me the same as yourself. There is no need to be so different from outsiders." Gu Junhao interrupted.
"Well, okay, this order is for auto parts, but if you want to win it completely, it will require a lot of investment." Afterwards, Jiang Jianbai shared some of his information about the order with Gu Junhao.
After listening to Jiang Jianbai's narration, Gu Junhao did not say anything immediately. Jiang Jianbai's words not only asked about his views on the market prospects, but also intended to recruit him into the business.
Jiang Jianbai won orders for new energy vehicles. There is no doubt about the future of new energy vehicles. However, the current environment is still relatively complicated, and most domestic manufacturers do not really want to produce cars.
This is probably what Brother Jiang is hesitating about. After all, after investing tens of millions to expand production and recruitment, and only have this one order in the end, it is a bit outweighing the gains.
Just like Apple's catfish effect, the driving of new energy vehicles will have to wait until Tesla's domestic super factory is officially put into operation before the domestic new energy vehicle industry gradually becomes standardized.
At that time, it will also be the beginning of the take-off of stocks related to the new energy automobile industry chain. The first to bear the brunt is Ningde Times, which was listed in mid-2018 and is known as Ningwang.
As for Jiang Jianbai's physical factory, if he invests in a new industrial chain and then focuses on the OEM production of new energy automobile parts, coupled with his own R&D team, it is not impossible to do it.
However, all this depends on Jiang Jianbai's personal decision. The risks in this process are huge. Once the subsequent research and development and funds are not enough to sustain the market turnaround, the previous efforts and funds invested may be in vain.
As far as the small bosses that Gu Junhao knows are concerned, most of them are just getting by and have no intention of developing or growing their own businesses. They just need to make a small amount of money every year and live comfortably.
This is also the current situation of most small and medium-sized enterprises. They have no intention of making progress during the rising period of the industry. When the industry transforms, they will easily be eliminated by the market.
However, these are not important to the founders. After making money, if the business cannot continue, the factory will be closed. What is suffering is that some industrial workers will face the crisis of unemployment as they get older.
"It can be done. It depends on whether you have the confidence, Brother Jiang." After thinking for a while, Gu Junhao said to Jiang Jianbai in a concise and concise manner.
"Really?" Jiang Jianbai looked at Gu Junhao with surprise.
Who doesn’t want to make money if they have money, but the premise is that the risk must be within the range that one can bear. The investment this time is not small, and a large amount of working capital will be needed in the future, which will at least require a large loan from the bank.
"Well, in my opinion, the industry prospects are fine, but it is currently the early stage of the industry. Brother Jiang, you know the early stage environment. What I mean by confidence is whether you have the patience and confidence to sustain it for this period of time.
Just like a stock you are optimistic about, holding shares is often the most uncomfortable stage when the stock has not started, but if you get through this stage, you will make huge profits."
"Well, I understand what you said. Let me think about it first." Jiang Jianbai nodded.
Then he sat on a chair and began to think deeply. For him, this time was an opportunity and a challenge. According to his own estimation, if he wanted to officially invest in the construction, the new investment would not be less than 10 million yuan.
Ten million yuan is equivalent to the company's current net profit for more than 10 years. And since I don't have that much money on hand, I still need to borrow money from a bank.
But no matter what, as Gu Junhao said just now, if he can seize this opportunity, his career will be greatly improved, instead of what it is now.
Seeing Jiang Jianbai sitting on the chair without saying a word, Gu Junhao did not interrupt him; unlike starting his own business, Junshi Capital, for Jiang Jianbai, this investment can be regarded as a risky behavior.
No matter what decision he made, Gu Junhao could understand him; just as Gu Junhao was thinking wildly, Jiang Jianbai's sonorous and powerful voice came to his ears.
"If it's done, the factory will be handed over to the bank at worst. I'll have to rely on you at that time. Let's see if your fund can help me make money again."
"Decided? Don't think about spending nearly 10 million yuan anymore?" Gu Junhao said with a smile.
"It won't cost that much to buy equipment upfront. I'll get a loan from the bank when the time comes, but there's still some funding gap. Since you're optimistic about this industry, do you want to get involved?"
"Aren't you afraid that I will divide the equity? At present, you have the final say in the company." Regarding Jiang Jianbai's investment in this project, Gu Junhao has nothing to do with it. However, at present, the fund does not have venture capital business, and those who want to invest can only invest in a private capacity.
"What are you afraid of? You can come here to be the director of the factory. I believe you don't like my factory." Jiang Jianbai said carelessly. Gu Junhao did not refuse, which gave him great confidence.
"Okay, let me know how much of the funding gap there is when the time comes, but let me agree first, this time I can only participate in my own name."
Later, Gu Junhao also explained the current nature of Junshi Capital to Jiang Jianbai. It would be unworthy to establish a venture capital department for such a small project.
As for the risk of investment, if the factory goes bankrupt, he will lose millions. If he succeeds, he will not have to worry about the future. Whether it is a share transfer or a direct listing, Gu Junhao will get a lot of money.
remuneration.
"I don't care, as long as you participate, the company belongs to you alone anyway." For Jiang Jianbai, there is no difference between investing in the name of a natural person or a company. On the contrary, it is more convenient for a natural person.
"Okay, then let's settle it. Brother Jiang, go back and evaluate your company's assets. I will also find a professional team to evaluate it. Then the shares will be calculated proportionally. Is that okay?"
In business, certain procedures still need to be followed. This investment, which has nothing to do with the prophet, is not a new attempt for me.
Just from Brother Jiang's narrative, Gu Junhao also made a rough judgment. Excluding bank loans and own funds, the funding gap required by Brother Jiang should not exceed 5 million yuan.
Now that the ten national regulations have been issued, it should be easier to get loans than before. As for my own funds, 5 million, I really don’t have that much cash at the moment.
However, this does not bother Gu Junhao. He is no longer the same person he was a year ago, and it is easy to solve the 5 million funding gap.
"Yes, we still have to go through the procedures we should have, and I also want to take this opportunity to see how much net worth I have."
Jiang Jianbai did not expect that the investment talks would go so smoothly. From a personal point of view, if Jiang Jianbai was in Gu Junhao's current position, he would not agree so generously.
If you have stable income in the stock market, it would be more practical to invest several million in an industry that is not yet clear as an entity. It is better to invest in the stock market.
For Gu Junhao's generous agreement, Jiang Jianbai could only regard it as a sign that he was infinitely optimistic about the prospects of this industry.
"Then it's settled. Brother Jiang, you can start making preparations after you go back. I will also form a team as soon as possible to give a reasonable assessment."
"Well, your efficiency is too high, right? You started chasing people away right after we finished talking. You won't leave me a meal, right?" Regarding Gu Junhao's work style, Jiang Jianbai has really learned a lesson this time.
"That's not possible. Brother Jiang finally came here. No matter what, I have to treat you to a meal before going back. But it's best not to delay this matter. If you delay it for a long time, the order may be cancelled." Gu Junhao said with a smile.
"Haha, I know that. I'll start preparing when I get back."
"Well, that's it for now, let's go, it's 12 o'clock, let's go have dinner." Unknowingly, the two of them had been talking for two hours. For Yongcheng people who are used to having lunch around 11:30, it was a good idea to stop.
Then my stomach started to protest.
"Well, let's go, but to be honest, this tea doesn't taste as good when it's cold as it is hot." Jiang Jianbai said after drinking the remaining tea in the cup.
"I'll treat you to coffee next time." Gu Junhao said with a smile.
"Haha, let's drink tea then. I can't get used to that stuff."
The two of them went to a nearby hotel and randomly ordered a few dishes. When the dishes arrived, they ate a big meal regardless of their image. Then Gu Junhao stopped his chopsticks.
Considering that Jiang Jianbai had to drive back after the meal, the two of them did not order wine. It was really just a simple meal.
Gu Junhao picked up the water glass beside the table and said to Jiang Jianbai: "I will use water instead of wine. I wish Brother Jiang to take his career to the next level and marry the 985 Bai Fumei in your heart."
"Haha, if you still remember, then I also wish you prosperous fund income."