"How was your visit to Baosteel's smart factory?"

The journey from Suzhou to Shanghai takes about an hour and a half, while the journey from Suzhou to Nanjing takes nearly three hours.

Except for certain special days, it is more convenient to go from Suzhou to Shanghai than to Nanjing.

Jiangsu Province has always been known as a fragmented province, with the Wuzhong District, Gusu District, and Huqiu District within Suzhou City all vying for supremacy.

Not to mention that Suzhou has never considered itself inferior to Nanjing.

After visiting Baosteel's smart factory, Li Miaomiao was driven back to Suzhou with her secretary that afternoon.

After she got home that evening, Li Shuyao lay on the sofa and asked.

Li Miaomiao replied, "I can only say that it looks very sci-fi and futuristic."

Whether the actual production results will meet expectations will ultimately depend on the performance over the next six months.

In front of her family, Li Miaomiao wouldn't say the same superficial polite words as she would in public.

She holds a cautiously optimistic view of smart factories, mainly because the uncertainty surrounding this technology is too high.

For smart factories to be deployed on a large scale, manufacturing giants must see tangible benefits.

It's not that the giants can't afford this; the total cost of such a system is close to two billion RMB.

The benefits here go beyond just cost savings; they also include increased efficiency, improved safety in production, and reduced labor costs.

Li Shuyao remarked, "Recently, the entire secondary market has been speculating around the concept of smart industry."

"The market value of the companies that made it into the smart factory list this time has at least doubled."

“My company’s fund managers are all asking me if I had received any prior information and why I didn’t tell them.”

"I was so angry I could roll my eyes to the sky."

After working at CICC for more than two years, Li Shuyao seized the opportunity to jump ship to Soochow Securities as a fund manager.

CICC's platform is definitely better than Dongwu's, but being a clerk at CICC and then coming to Dongwu to take over an old fund is a completely different experience in terms of challenge and sense of accomplishment.

After Li Shuyao joined Dongwu Securities, she first moved into Li Miaomiao's villa to live with her.

In her words, being close to the water tower gives you an advantage, allowing you to get firsthand information.

Although Li Miaomiao wouldn't tell her directly, Li Shuyao could still deduce many clues from Li Miaomiao's schedule and some investigations.

"They're jealous of you? Didn't the capital market already know about our partnership with Huawei to establish industrial VR?"

As for the specific companies in the upstream and downstream of the supply chain, there are actually channels to find out.

As Li Miaomiao asked the question, she hung her bag and coat on the white floor-standing coat rack.

Li Shuyao sighed and said, "After I went to Dongwu, my colleagues in the company basically circulated all my information."

Not to mention the last time you picked me up from get off work, a colleague took a picture and posted it in the company group chat.

The fund I manage has seen rapid growth in market value in the past two days thanks to its investments in smart industrial supply chain companies.

Those fund managers could see my holdings, and they all assumed I had prior knowledge of the situation.

Projects like those with Huawai and Baosteel require communication equipment, a large number of robots, and self-driving trucks.

It is clear that relying on just one manufacturer is not enough to handle all of these matters, and it is inevitable that other suppliers will need to be brought in.

Baosteel outsourced the entire project to Huawai, but Baosteel's public announcements do not specify which supplier Huawai chose.

Since Huawei is not a listed company, it would be even less likely to make public announcements.

Li Shuyao complained, "These suppliers were on Huawei's list of core suppliers a long time ago."

Even **Technology** issued an announcement two years ago, declaring that the company had entered Huawei's platinum supplier list.

You don't need any inside information; what you need is the ability to make connections.

It's obvious that for such an important project as the collaboration between Huawei and Baosteel, they would only choose suppliers with whom they have cooperated before and have sufficient trust.

There's absolutely no need for inside information.

Li Miaomiao laughed and said, "So not all fund managers can make money."

I bought a private equity fund from a private equity firm last year, and it still lost more than ten percent after a year.

Li Miaomiao bought the private equity fund entirely to help her friend, and of course, it was also for the purpose of asset allocation.

Li Shuyao said helplessly, "The competition among fund managers is very fierce."

Some incredibly resourceful customers somehow found out that I am your older sister.

Then they transferred the money from other fund managers at Dongwu to mine.

You know that a fund manager's profit performance is one part, while the user's purchase share is another part.

"When I first joined the company, a few large clients switched their investments from other fund managers to me, which already caused dissatisfaction."

Clients who are well-connected and have extensive resources generally also have a lot of money.

"This time, the market sentiment has been hyping up companies in Baosteel's supply chain, and I just happened to catch this wave. They've started giving all sorts of hints again."

The number of newly issued funds has been increasing in recent years.

While the competition among fund managers isn't as blatant as that among front-office professionals, it's still incredibly fierce.

The front-office departments of securities firms are essentially zero-sum games.

Li Miaomiao didn't say anything on the surface, but simply nodded to indicate that what you said made sense.

In reality, she was thinking that when she was at home, she would sometimes receive work calls, and Li Shuyao could glean clues from the content of her calls.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!