Rebirth 1991: My Financial Era

Sun Renyu took his family of four on the train to Wucheng.

Sun Renyu now has no shortage of connections. There is no need to look for Sun Renwu at all. The parents of Jiamei Company employees arranged for their family and the household registration was quickly completed. Sun Ping and Sun Chen's schools were also transferred.

This is the advantage of the municipal bureau's tertiary industry company.

Sun Renyu and Li Xinghua spent a few days looking at the house. It had three bedrooms and one living room. It was very cheap, so they bought it directly. Arrangements for the family's trip to the city are now complete.

Li Xinghua is considered a strong woman in the countryside. Everything she sees in the city is new and she doesn't understand anything. If she can only do housework at home, it is inevitable that she will feel a gap in her heart. Sun Chen accompanied her around Wu City for a week, looking at everything from shopping malls to wholesale markets. Li Xinghua was very interested and determined to go out to work.

Sun Chen has now become a salty fish. Apart from practicing boxing, he just plays with Sun Qiang and works as Sun Ping's follower. He doesn't worry about the company's affairs at all.

Huaxin Company has sold 1000 tons of steel and earned 30 yuan, and the six-month accounting period has not yet expired. Therefore, Huaxin Company has 180 million in cash on its account.

"Dad, hurry up and pick up the remaining 4000 tons and rent a few more warehouses." Sun Chen took the time to suggest to Sun Renyu.

"Where is Director Wang?" Sun Renyu asked.

"Old rules, and you bring your uncle with you and let him handle the situation from now on. We have to carry out risk isolation in advance." Sun Chen said solemnly.

"What quarantine? I don't understand." Sun Renyu asked.

"Normally nothing will happen between me and Director Wang. It's industry practice, but we have to be just in case. Do you understand?" Sun Chen said solemnly.

Sun Renyu had listened, but now he had no choice but to follow Sun Chen's instructions, take Li Xingming with him, and make the transition slowly.

After a month of hard work, the remaining 4000 tons of steel have been put into storage one after another, waiting for the price to rise.

"Dad, let's repay the financing we did with China Construction Bank and ICBC first. That batch of steel is almost four months old and the account period is coming soon. We will sell it first after releasing it. Then we will do new pledge financing." Sun Chen made a financial statement Adjustment.

"Okay, I'll tell Xingming that this guy has already started the business." Sun Renyu agreed happily. He was really not used to it without Sun Chen's gesticulation.

"Is the warehouse decoration finished?"

"The installation is complete. The amount of work is not large. Zhang Jilin is directing the final soft installation."

"What about the purchase channels? Do we have the organizational structure and staffing in place?"

"It's almost ready. You don't care about anything, and I didn't tell you anything." Sun Renyu did not forget to complain a few words.

"I hope my father will succeed!"

"You talkative!" Sun Renyu raised his hand and pretended to hit him. He raised his hand and then remembered that he couldn't hit him.

"Our supermarket is going to be an instant hit, so we need to prepare the publicity first. I suggest you discuss advertising with Wu City TV station first, and then advertise on the radio and newspapers. You must publicize it well." Sun Chen arranged work for Sun Renyu again.

Supermarkets are a new business format that focuses on customer experience and needs to be advertised first to let everyone know about it.

"Second, you must choose a few popular items, which are cheap enough and good enough, and use this to attract customers."

"Third, we must arrange enough manpower and stock, and rent a few more warehouses to facilitate the transfer of goods. If there is a temporary shortage, we will not have time to cry. And there is no shortage of money now."

"Fourth, security should be strengthened to divert crowds in a timely manner. Some dishes can be weighed in advance and marked with prices to save time and prevent petty theft."

Sun Renyu simply took a small notebook and wrote it down, and now Li Xinghua started to help in the supermarket preparation team.

"besides……"

"Okay, okay, we'll talk about it later. Either don't say it, or talk about it." Sun Renyu's head is already big.

"That's it. Remember that customer experience comes first, and if you find any problems, you can improve them."

Sun Chenxin said that I am too lazy to worry about it. These are just words of experience, okay? Why did Fat Donglai rise in his previous life? The main focus is on emotional interaction with customers.

One morning, just after practicing the exercises, Sun Chen said to Zhang Xiping: "Brother Ping, please help me apply for a border defense permit, and come with me to the Shenzhen market."

"Okay." The free laborer didn't ask any more questions.

It was mid-August after getting the border permit, and Sun Xiping and Sun Chen set off for Shenzhen City.

Of course it was a train, the Beijing-Guangzhou line. Sun Chen didn't want to be a coquettish person by flying, and Shenzhen Airport was only opened to flights in October this year.

Sitting on a specially obtained sleeper, I wandered to Shenzhen City. Since they didn't bring much cash, Sun Chen and Zhang Xiping were very relaxed and ate stir-fried vegetables from a food truck twice a day.

Shenzhen City has arrived, and the Shenzhen Station was only completed in 1991. It is very impressive.

After leaving the station, I took a taxi and went straight to the hotel near the Shenzhen Stock Exchange. On the way, I saw the famous placard: Time is money, efficiency is life.

The next day, the two drank Cantonese-style morning tea and went to a nearby bank to open an account. Nowadays, the efficiency of banks is not low. Due to limited office conditions, there are not many regulatory policies.

The efficiency of opening an account is quite high, but it is still slow to activate and you have to wait a few days.

When it comes to eating in Guangzhou, the difference between Shenzhen and Guangzhou is that there are more Hunan dishes. Sun Chen was not in a hurry. He experienced different delicacies every day and went to the securities business hall to check in.

In 1991, the Shanghai stock market was in a bull market every day, while the Shenzhen stock market was just the opposite. It was a bear market every day, and the stock market kept falling. At the end of August, the Shenzhen Stock Exchange introduced a stock rescue policy. Entering September, there will be a wave of bull market. Sun Chen just wanted to wait for this opportunity.

After the account was activated, Sun Chen faxed the account number back to Huaxin Company and requested a transfer of 200 million.

Huaxin Company's first batch of steel products has been sold, and nearly one million more funds have been withdrawn.

Sun Renyu found a bank to continue to apply for warehouse receipt pledge financing. As Huaxin Company's sales and asset scale grew, the credit line also increased, and he obtained 300 million yuan in financing.

Huaxin Company faxed the transfer receipt. A few days later, Sun Chen went to the bank to check that the money had arrived.

The Shenzhen Stock Exchange is no longer paper stocks. Sun Chen first opened a securities account in the name of Huaxin Company.

After a series of procedures were completed, it was already late August, and I finally entered the stock market before the Shenzhen stock market rescue funds entered the market.

There was no hesitation in buying Velcade. Although Vancade should have experienced a slight decline in September, during the entire bull market from September 9 to May 1991, the price from the lowest price to the highest price exceeded 9 times, and Velcade The stock price continued to rise until early 1992.

The amount of funds of 200 million is not small. Sun Chen established the position in 5 trading days, with an average transaction price of 5.8 yuan.

Sun Chen does not plan to refinance this time.

With Vanke's shareholding certificate in hand, Sun Chen and Zhang Xiping successfully entered Vanke Company and attended the Vanke board of directors meeting.

Wang Shi was as thin as ever, with firm eyes and extraordinary momentum. Several procedural issues were discussed at the meeting. Wang Shi's speech was unhurried and very impressive.

This real estate benchmark has stood for nearly thirty years, which illustrates the success of corporate management. Wanke's success is also the stock market, and its decline is also the stock market. Because he needs funds for rapid expansion and continues to issue additional shares, the result is the dilution of Wang Shi and other management's equity. This flaw in corporate governance was later targeted by barbarians and was attacked in the open market. The management launched a partnership plan and cultivated many assets outside the body, which brought hidden dangers to corporate governance.

At this time, Wanke's business was still very complex, mainly wholesale corn from the east, relying on train leather resources.

"Manager Wang, I suggest that the company focus its main business on real estate." At the meeting, Sun Chen rushed to speak.

"Thank you shareholders for your support. We will consider your suggestions." Wang Shi said sincerely.

Sun Chen came out of the Wanke office building and was going to visit the famous Huaqiangbei Electronics Market.

The electronic market is crowded with people. Sun Chen bought a few Walkmans and planned to give them away.

Suddenly, a familiar figure appeared in front, Mr. Ren who was far ahead!

"Old Ren!" Sun Chen blurted out.

"It's me, who are you? Do we know each other?" Mr. Ren looked like a kind middle-aged uncle.

"Oh, I've seen your photo. You are far ahead, Mr. Ren. My name is Sun Chen." Sun Chen sent it over and extended his hand.

"Oh, hello, young man, welcome to cooperate with us in the future." Mr. Ren held Sun Chen's hand.

"I admire your courage."

"Thank you for your encouragement, young man! Let's work hard together!" Mr. Ren said with high morale.

"Come on, this is my phone number. If you need financing in the future, you can contact me. I promise." Sun Chen handed over a handwritten note.

"Okay, I hope I may not be able to use him." Mr. Ren laughed.

Sun Chen watched Mr. Ren go away, as if he was seeing a high mountain.