Courtyard: Selling the Iron Rice Bowl at the Start

Transmigrated to the Courtyard in 1962, I sold my iron rice bowl at the start.

I will study hard, get into a technical secondary school, and become a technician. When the trend rises, I will ...

Chapter 485 Xu Ningning

After returning home.

"Grandpa! Grandma! Aunt!"

As soon as she entered, Xu Ningning rushed over and showered her with attention.

Wang Xirou said irritably, "No, don't give me that. Tell me, what's wrong now? Why are you causing trouble here? You should go find your dad."

Xu Ningning pouted and said unhappily, "How can you blame me for this! My parents said they don't care about me!"

Xu Ningning.

The successor that Xu Weiwei was grooming.

She is also Xu Yuanzheng's daughter.

Xu Yuanzheng is indeed very fertile. As a post-80s generation, he even caught up with the trend of having two or three children, and the age gap between his children is quite large.

Xu Ningning is the oldest.

That is, Xu Yuanzheng's first daughter.

She was also the girl that Xu Weiwei cared for the most during her later years.

Unfortunately, this girl left before she graduated.

On the day Xu Weiwei left, she cried the loudest.

In her heart, Xu Weiwei is the best grandmother in the world.

It's fair to say that Xu Ningning worked very hard to inherit her company.

However, such efforts are actually not very meaningful.

At least, in Wang Shouren's view, it was not very meaningful.

Every industry has its limits.

It's like the automotive industry. No matter how many cars you sell, you're still just selling cars. At most, you might cover the entire upstream, midstream, and downstream supply chain. At most, you might also fund some research labs, like those in new energy fields. If they achieve results, you'll be the first to know, but that's about it. The industry is what it is.

We are no longer in a period of rapid development.

Xu Weiwei wants her company to continue to grow.

In Wang Shouren's view, it was nothing but a fantasy.

The company she founded initially operated large-scale retail stores, selling everything, somewhat like a "supermarket" abroad.

Selling everything means being an expert in nothing; she needs to have her own unique strengths.

It's basically about providing a service.

If this is done to perfection, it can certainly build a good reputation. If it works, everyone will want to buy things from this store because the quality of the products is guaranteed, which is extremely important for domestic consumers.

But halfway through, she didn't want to continue; she wanted to make her own products.

Gradually, it began to transform into a company like "Suning," with its own processing plants, and further developed its production capabilities.

I poured all my energy into this, and it took a lot of effort.

Finally, as time went by and the times changed, her advantages were gradually diminished.

Frankly speaking, there isn't much technology involved in making home appliances; this is already considered a relatively primitive series of electronic products.

Apart from the few control boards added to smart home systems that are more technologically advanced, the rest can basically be considered outside the realm of high technology.

Xu Ningning felt the same way; she felt that the company was trapped in an invisible net, unable to move.

In recent years, there haven't been many new technologies; even if there have been, they're just old wine in new bottles, not very meaningful. Does this mean the transformation will lead directly to a battle for capital?

However, Wang Shouren has made it clear that they are not allowed to use those capitalist tactics.

In other words, it's about making money in the stock market.

They have enough money; they shouldn't do such a heartless thing.

What are stocks?

Essentially, it's a company showcasing itself to the outside world, telling everyone, "Hey, I'm short of money. Anyone who has faith in my company, invest a little. I guarantee you'll make a fortune."

Back then, Wang Laboratories received 60 million US dollars in funding directly after going public, which freed it from financial constraints.

The so-called capital operation is divided into pre-listing and post-listing models.

The first scenario is that the company raises funds before going public. Going public has requirements, and companies that don't meet these requirements cannot list. So, Series A, Series B, and Series C funding rounds, frankly speaking, besides reflecting investor confidence, also represent a collective effort to grow the company's business. Once the company goes public, its scale will undergo a dramatic transformation.

The second scenario is after the company goes public. In its most basic sense, it's like an ordinary citizen seeing a company with promising future prospects and deciding to invest, so I buy its stock. If the company performs well, my capital will grow accordingly.

This raises a question.

Once a company makes a decision, shareholders have absolutely no way to stop it.

For example, today, this company plans to undertake Project A. The project seems promising, everyone is confident, and as a result, the stock price rises. At this point, investors face two choices: take advantage of the rise and profit, or continue holding?

These can all be considered as a kind of capital operation and game.

But there's so much room for maneuver here.

Essentially, it means I'm optimistic about your company's future development, so I'm buying your shares.

But what if the injected capital elevates the company to an excessively high level? For example, if I originally had project A, and after completing it, I could earn 100 million, but my current stock price far exceeds that amount, why would I risk my life to do that? I'd just focus on manipulating the capital market.

Or to put it more simply, I'll create a virtual Project A?

How about it? Is it feasible?

This kind of behavior is actually not acceptable.

However, some outrageous things always happen on this land.

Essentially, this is a pragmatic approach.

Just like Wang Laboratories back then, because it received funding, it expanded the company, and after the expansion, it sold more computers. As a result, shareholders also made money because of its development.

This can be considered a relatively simple investment.

But in reality, it's much more complicated than that, because there's a lot of room for maneuver. Some people even get involved in these matters themselves.

As mentioned earlier, I created a fictional project, Project A, to give everyone confidence.

This is just a small-scale operation.

The waters here run deep.

Wang Shouren did not allow his family's businesses to get involved in this mess, so most of his family's businesses were not actually listed on the stock exchange.

He even turned away some leaders who came to visit him.

The cake was too big; if he touched anything inside, he was afraid of getting himself hurt, so he could only choose to protect himself.

In the face of the tides of the times, the power of an individual is but a tiny ripple.

Compared to others, Wang Shouren preferred pragmatic operations and instinctively disliked the capitalist approach.