Chapter 109: The First Pot of Gold
The Huhai Concrete Technology R&D Center was soon staffed, and the concrete technology R&D center building renovated by the old building was also renovated and the installation of instruments and equipment was completed, and it was finally about to be officially put into operation. Huhai Municipal Construction Committee and Huhai Construction Engineering Administration are very important to the Huhai Concrete Technology Research and Development Center, for which a grand unveiling ceremony will be held, when the director of the Shanghai Municipal Construction Committee and the main leaders of the Shanghai Construction Engineering Administration will go to the scene to participate in the unveiling ceremony. The date of the unveiling ceremony was set for May 5, 1992.
However, just before the day of the unveiling ceremony, Li Ruoyu harvested the first pot of gold in his life, which can be described as double happiness! 1992 is the year of the monkey, as the saying goes, monkeys like to run on the tree, and the same is true for stocks this year. It can be said that this is the most important and typical year in the history of New China Securities. Because this year's stock market contains all the elements of the stock market: getting rich - risk. Almost all the most important events in the history of the stock market took place in this year, and the rest of it was nothing more than a repetition.
This year's call warrants were still talked about by people even many years later, creating the myth of getting rich in the primary market; this year, the stock price was liberalized, and Yanzhong soared from 100 yuan to 380 yuan; this year, the stock price of Yuyuan exceeded 10,000 yuan, an increase of 300 times; in the same year, the stock index plummeted from 1,400 points to 400 points, and the risk of the stock market also came; it was also this year that Yuanye was suspended for four years for fraud, allowing shareholders to taste the risk of fraud from listed companies! Too many things happened in the stock market this year. But Mr. Li knew there would be turmoil in the stock market soon, so he sold off his shares at the end of April.
At this time, the outside stock subscription warrant was speculated from 30 yuan to 600 yuan each, this was the first time in Li Ruoyu's life that he realized that wealth came so suddenly, he took out the cover of the box bronzing, the back cover printed with the words "the stock market is risky, you need to be cautious when entering the market", and remembered that it would not be long before the stock market would plummet, so it was more appropriate to sell at this time. Li Ruoyu is different from many people who use the money from buying out their seniority to deposit money in the bank, and then are recommended stock subscription warrants to them by bank employees and then make a fortune, he knows that the stock market is a place where great risks are deposited, and it is also a place full of opportunities to make a fortune. But as soon as you enter the stock market, you must accept it as soon as you see it, otherwise you may fall into the quagmire, and you will either be trapped or cut meat.
For many old stockholders, those lottery days have long been forgotten, but Li Ruoyu remembers them clearly. On March 2, the first lottery ceremony of "1992 Shanghai Stock Subscription Warrant" was held in Shanghai Lianyi Building, and the listed companies subscribed were Zhongcheng, Yigang, Pudong Johnson & Johnson, Jiafeng, Light Machinery, United and Ertextile Machinery. On June 5, the second lottery was held, and a total of 311.65 million yuan of shares were issued to individuals in the society. The third lottery was held on July 25. The fourth and final draw took place on August 10. When the "1992 Shanghai Stock Call Warrant" completed its historical mission, the winning rate reached almost 100 percent. Lottery, lottery, subscription, selling, and then the money rolling in.
However, on the night of August 10, because of the fraudulent "August 10" incident, so since October 1992, so many shareholders have gathered at the entrance of the securities company every day, and the grand occasion of the stock market road salon can only remain in the memory of old shareholders.
At the end of April 1992, the average price-to-earnings ratio of 14 kinds of renminbi ordinary stocks reached more than 170 times, and the highest of which was 501 times, it is not an exaggeration to say that it is the most expensive stock in the world. Judging from the stock price, Yuyuan shopping mall stocks are probably the highest priced stocks in the world, with more than 5,020 yuan per share. Although Li Ruoyu knew that Yuyuan Garden would rise to more than 10,000 yuan, he was not a greedy person, as long as he could earn the first pot of gold in his life, it would be enough to open a concrete company. He is not sure whether the stock market will still be the same in this time and space, and if the stock price plummets, it will not be a bamboo basket for nothing? Even according to the original historical trajectory, by June 1992, the Shanghai Stock Exchange Index will gradually decline from 1,235 points.
Therefore, when Li Ruoyu was about to sell the stocks in his hands, the average increase in the stocks that he bought with more than 200,000 yuan reached 150 times, and in this way, more than 200,000 yuan became more than 30 million! It can be said that Li Ruoyu became the first batch of big winners in China's stock market! Of course, most of this money belongs to Bai Yurou, but even according to the original agreement, Bai Yurou wants to divide half of the money earned into Li Ruoyu as a commission, so that Li Ruoyu suddenly has a commission of nearly 15 million, plus the 20,000 he invested himself has also become 3 million, so that Li Ruoyu's total assets have reached 18 million all of a sudden, becoming a real multimillionaire, it can be said that he is not much worse than Bai Yurou now.
After the more than 30 million yuan entered his account, Li Ruoyu was like a dream! Now he has not only become a multimillionaire, but is also about to realize his original rhetoric! Li Ruoyu clearly remembers that at the beginning of the year, in Shuangshi Town, he said to Wu Mengyao's parents that he would take 1 million bride price money to the Wu family to propose marriage in a year. Now he can finally rest assured that this promise can not only be fulfilled ahead of schedule, but also his assets have far exceeded his original expectations! You must know that multimillionaires are simply legends in this era, especially in backward Rongzhou! Li Ruoyu can already imagine the expression on the face of his incomparably snobbish future mother-in-law when he knocked on the door of the Wu family with one million in cash!
However, now is not the time to propose, Li Ruoyu plans to officially resign from the Huhai Concrete Technology Research and Development Center, and then go back to do this, otherwise he is worried that the snobbish future mother-in-law will not join forces with his rival Song Liangchen to snatch Wu Mengyao away!
When Li Ruoyu called Bai Yurou and told her the good news that she had earned more than 30 million yuan, Bai Yurou couldn't believe her ears! She had earned more than 30 million yuan in a few months! She had worked hard to run a foreign trade business, and it was only this amount in a few years, but she didn't expect that her godbrother would do it in just a few months! Although half of the money earned will be given to Li Ruoyu as a commission, Bai Yurou is not distressed, because she never thought that Li Ruoyu could make so much money from the stock market, originally she took out 200,000 yuan to Li Ruoyu, but she never thought of letting Li Ruoyu return it! Originally, she just took the money as a reward for thanking Li Ruoyu for helping her, but she didn't expect that there was really an unexpected joy. At this moment, her property will be more than 10 million yuan, which is real money! Bai Yurou was also excited, of course, she was also happy for Li Ruoyu, because now Li Ruoyu is already a multimillionaire, it is completely enough to use this money to open a concrete company, and there is still sufficient liquidity!