SWDnovel Chapter 307: Ningde Era Goes Public
Chapter 307: Ningde Era Goes Public
"Thank you, Director Zhou, but I’m not considering any moves in the short term."
Lu Liang knew Zhou Yi was reciprocating a favor, but he wouldn’t contemplate it at least not this year.
Zhou Yi beamed with a smile, "Mr. Lu, whenever you are ready, just give the word."
Although there was a suspicion of interest conveyance, they could entirely organize an open tender with Tianxing Technology’s qualifications setting the rules for winning the bid.
As long as Tianxing Technology got off the ground and showed even a slight improvement, even if it wasn’t top tier, they would support it unconditionally, allowing it to become Su City’s Tencent, Ali.
"Thank you."
Lu Liang looked towards the east, in the direction of Modu.
He felt increasingly certain that throwing his lot in with Su City was the absolutely right choice.
Modu would never offer him such strong support because it was the favored one and thus fearless.
That evening, Lu Liang dined with the Su City leadership. Zhou Yi introduced him to everyone—administrative, law enforcement…
Lu Liang stayed in Su City for five days, and during that time, all the local news media reported on him.
Using netizens’ words, it was "success comes fast like galloping horses."
Over these days, every outing was accompanied by one leader or another.
Su City might as well declare to the world that from now on, Lu Liang’s last name was Su, and no one else should consider him.
After all, before this, Su City’s GDP was among the top six nationwide, but its leading enterprise was Hengli Group, specializing in textiles.
Though often ranked among the top ten private enterprises nationally, with annual revenue exceeding 600 billion, it lacked fame unlike mentioning Hang City brought Ali to mind, or Shenzhen brought Tencent.
They needed a high-tech company that could create jobs, make money, and sounded impressive when mentioned.
Lu Liang’s Tianxing Technology fit this bill perfectly. Although it hadn’t yet launched, it had already brought them an investment of 130 billion and the entrance of 17 listed companies, creating a new energy full industrial chain tech park.
If the project proceeded smoothly, Su City would gain yet another nickname: the City of New Energy Technology, alongside Silk City and the Garden City.
The title was dashing, suggestive of high-end and classy prestige.
Lu Liang left, departing amidst city-wide fanfare, but he didn’t return to Modu and instead traveled south to Shenzhen.
Next Monday, Ningde Era would debut on the Growth Enterprise Market. Old Zeng had invited him to join in ringing the bell in Shenzhen.
Lu Liang thought about returning to Modu just to check on the progress of the car shell re
"This is Liangzi’s first business holding an IPO. If it doesn’t break, I’m definitely not leaving."
"+1!"
"+2!"
"+10086!"
"Are you all dogs? Why did I subscribe to one million and not win even a single lot?"
"Who is really winning these lots?"
...
On Wednesday, the third day of Ningde’s listing.
The market opened at the limit, steady as a rock,
The stock price was 45.29 yuan, market value 790 billion yuan.
On Thursday, it continued at the limit,
The stock price reached 49.81 yuan, market value 869 billion yuan.
Today, Ningde officially surpassed Lansi, becoming the second brother of the Growth Enterprise Market.
Accordingly, the outflow of funds for the day exceeded a hundred million.
The goal of "maintaining third, striving for second" had been achieved,
Another day at the limit would double the stock price.
No matter how much Lu Liang liked it, he couldn’t change the fact that Ningde Era was a manufacturing enterprise.
Sure enough,
On Friday, the last workday of the week.
Although Ningde Era opened at the limit, it broke soon after, dropping from a 10.12% increase to 2.35% within minutes.
In just a few minutes, the outflow of funds exceeded ten billion, and many retail investors realized they had hit a peak and started a stampede to sell.
Lu Liang returned to Modu, still observing the market conditions, as reaching a market value of a trillion yuan would make him a billionaire.
Seeing this situation, he couldn’t help but sigh: "It’s always one brilliant move that rules them all; can’t they see it’s a trap?"
The retail investors were still complacent, winning a single lot worth 13,000, now selling for 24,000, with a gain of nearly 90%.
They didn’t realize at all that they had been washed out.
Ningde Era broke,
Existing only for five minutes before hitting the limit again.
The stock price was 54.79 yuan, the market value 955.9 billion yuan,
Starting its sprint towards the throne of the Growth Enterprise Market’s top brother.