Chapter 410 Big news! xphne 2 released!(1/3)
By investing in BYD, Wang Yi has made a lot of money!
Initially, BYD was at a low point and no one was optimistic about it. Wang Yihao spent HK$3.5 billion to buy 350 million shares of BYD at a price of HK$10 per share.
Later, at prices of 50-70 Hong Kong dollars, a total of 320 million shares were reduced several times, and a total of 20 billion was cashed out.
3 billion to buy, 20 billion to sell, a full profit of 17 billion!
It was with this money that Wang Yi ordered 55 DUV lithography machines!
Today, the remaining 30 million shares are only a handful and have little impact.
Moreover, no matter how much BYD's stock price falls, it will be difficult to fall below HK$10, and Wang Yi will not suffer any loss.
Just like the group of people who bought houses in Jeju before the first half of 2016 in the previous life, if the house price falls again, it will not fall back to 7,000!
However, Wang Yi has his own principles and has made 17 billion by relying on BYD. Now that BYD is in trouble, Wang Yi will not sit idly by and ignore it.
His promise to shopkeeper Wang, "Wang Yi will take action when encountering a crisis," has always been valid.
Sure enough, not long after, shopkeeper Wang called:
"Director Wang, I'm sorry, BYD is in crisis, I..."
Wang Yi had already predicted: "Ebbs and flows, ups and downs, it's all normal. It's okay. No matter how bad it is this time, I will stand firmly with BYD. Don't worry, the stock in my hand at this time is one share."
We will not reduce our holdings, no matter how low it falls.”
"Dr. Wang, thank you, thank you so much!" Shopkeeper Wang was very grateful.
Now that BYD is in crisis and even on the verge of bankruptcy, no one is willing to help BYD. On the contrary, they are all adding insult to injury.
Even many previous shareholders began to frantically reduce their holdings to cash out and run away.
After all, if I run now, I still have 21 Hong Kong dollars left. If I run too late, I may only have 11 Hong Kong dollars left. Isn’t that the end?
But what about Wang Yi?
Not only did they not reduce their holdings, they even offered to help.
Such a great kindness, shopkeeper Wang didn't know what to say.
Wang Yi didn't care at all: "It's just a small matter. The current crisis will last at least a few months. It can be said to be a long process. Let's work together. In this way, you just need to hold on and get through this crisis.
I'm preparing funds here. If you can't hold on after a while, I'll invest 5 billion in Zaini, hoping to ease the investment market's confidence in BYD!"
"Okay, Director Wang, thank you so much!" Shopkeeper Wang burst into tears of gratitude.
At this time, BYD's stock was a hot potato. No one was willing to take over. On the contrary, they were all selling frantically.
After all, everyone knows that if this trend continues, BYD Auto will be useless.
Once BYD Auto is scrapped and only BYD Electronics is left, it will be completely over.
But Wang Yi, not only did not sell the remaining stocks in his hands, but also invested another 5 billion!
For BYD, this is a great benefactor to put out the fire.
But in the eyes of the outside world, this is like rushing to the crematorium and burning it with banknotes!
In everyone's opinion, BYD cannot survive this wave of crisis, and BYD's stock will become worthless in the future.
But Wang Yi knows that BYD will definitely survive this wave and the future will be brilliant.
"This is a promise made before, and it is still valid." Wang Yi said calmly: "You don't have to be too anxious. After the storm, there will be sunshine. You will always get through it."
"Thanks."
Until the call ended, Shopkeeper Wang was filled with emotions.
Before that, he made several phone calls, hoping that the other party would be willing to invest in BYD and help BYD survive the crisis.
But unfortunately, no one is willing to take action.
Even Buffett refused outright.
This made Shopkeeper Wang very helpless. Unexpectedly, it was Wang Yi who was willing to support him again, and it was a big deal of HK$5 billion!
As long as it operates properly, with this 5 billion, BYD's situation will become much better, and it will be more confident to survive the crisis.
And with Wang Yi’s golden name in the investment world, whoever you invest in will gain!
Once Wang Yi goes against the wind and invests in BYD, perhaps capital and investors will follow Wang Yi and invest in BYD.
In this way, it is possible for BYD to survive the crisis!
This great favor is too heavy.
Of course, this has to work, and when BYD's stock price reaches a low point, it needs to make a strong announcement and pull it up!
BYD's stock price is still falling, so even if it were announced, it would be of little significance.
To put it bluntly, you have to wait until the bottom is reached.
Now no one will take action until the bottom is reached.
The exhibition building of Meiyou Science and Technology Park, to be precise, the exhibition center.
Now the exhibition building has been renamed as exhibition center.
Song Sining approached Wang Yi: "Chairman, there are many reporters outside, probably about BYD, and they want to interview you!"
"Well, as expected. So, invite them in and let's hold a press conference, just in time to build momentum for the new product launch!" Wang Yidao.
Song Sining's eyes lit up: "This is great. Not only can we express our attitude towards BYD, but we can also take the opportunity to promote our new product launch conference."
"And it can also divert public attention from the BYD spontaneous combustion incident to xphone 2!" Wang Yixiao said.
"High!" Song Sining gave a thumbs up: "I'll make arrangements right away."
Ten minutes later, all media entered the exhibition center and conference hall.
Wang Yi attended in person, and the scene was chaotic. Many reporters were talking and wanted to ask questions.
Wang Yi waved his hand to signal everyone to quiet down:
"Don't be anxious, everyone. We can hold a press conference today just to communicate all issues openly and honestly. Don't be anxious, come one by one!"
In an instant, everyone raised their hands.
Wang Yi randomly pointed at a male reporter, who immediately said:
"Dr. Wang, what do you think of the BYD spontaneous combustion incident? Is it a product quality problem? Is it a matter of disregarding human life?"
Wang Yi waved his hand: "Spontaneous combustion is caused by many factors, but I don't think it is a product defect. It is common sense that before a car is put on the market, it will pass the inspection of the relevant departments. If the E6 can be successfully put on the market, it means there is no problem with the quality.
"
"If there is no problem, then why does it spontaneously ignite?" someone else asked.
"There are many reasons. For specific details, we can wait for the investigation results of the relevant departments. If spontaneous combustion is caused by a car accident, it is a quality problem. Then, if a petrol truck is in a car accident and sometimes spontaneously ignites, is it also a quality problem?"
"Dr. Wang, are you so protective of BYD because you invested in BYD?"
"No, I am just optimistic about BYD and trust the relevant departments."
"Dr. Wang, will you experience new energy vehicles?"
"New energy vehicles are the future development direction and can make our lives better. I am willing to experience them."
"Dr. Wang, will you still reduce your holdings of BYD shares?"
“Won’t reduce holdings.”
"Why? Everyone is saying that BYD's stock will continue to fall, or even fall to single digits."
"Because I am optimistic about BYD."
"Then will you increase your holdings of BYD shares?"
"This can be considered."
"What? You mean, at this moment, you still want to increase your holdings in BYD?"
"Considering."
"Dr. Wang, why?"
"I don't want an excellent national enterprise to be destroyed because of an accident that was not investigated and understood. This is unfair to BYD, shareholders, and our country!"
"The more national it is, the more global it is."
"In the era of oil trucks, we were suppressed by Porsche, dominated by BBA, and dominated by Japanese and Korean brands."
"But in the new energy era, with outstanding players like BYD, we have hope of overtaking in corners!"
"So I want to support BYD, support national enterprises, and support domestic brands!"
"What foreign companies can do, we can do the same, or even do better."
"For example, Xingyi Mobile, as we all know, our first-generation xphone 1 defeated the iPhone 4s, and the second-generation xphone 1pro even suppressed many European and American brands such as Samsung and HTC!"
"Does anyone know what the recent sales volume of xphone 1pro is?"
"How much?" Everyone was surprised.
To be continued...