March 5, 2023 is a Sunday, and in the morning, Yuansheng's family drove to Pengcheng City Center Book City..........

In recent years, in order to reduce the burden, the state has reduced the difficulty of primary and secondary school textbooks and early education books a lot.......... Books of this difficulty could no longer satisfy the requirements of my distant daughter (because she had already understood), and in the end, I chose a book published in Italy that was convenient for training the mind, and another book on logical reasoning published in Russia............

At noon, when he returned home, Yuansheng began to review the stock again.

Entering the sight of Yuansheng is Puyuan Varitronix, which was listed on April 8, 2022, with an opening price of 45 yuan on the first day, a maximum of 52 yuan, and a closing price of 39.78 yuan, and the K-line is an inverted hammer. In the eyes of ordinary stockholders, such a K-line is a weak stock K-line. Sure enough, on the second day, Puyuan Varitronix fell 7.59% and closed at 36.76 yuan, which was another negative line, which confirmed the prediction of most stockholders: Puyuan Varitronix is a weak stock.

On the 3rd day, the lowest price of Puyuan Varitronix fell to 35.38 yuan, and many short-term customers have basically stopped their losses and left, but 99.9999% of shareholders definitely can't imagine that 35.38 yuan is the lowest price in the next N years.

Why is God giving money? Because it rose from 35.38 yuan to 120.88 yuan, it only took more than 6 months. More than 6 months, an increase of 3.41 times!

Let's take a look at the Shanghai Composite Index at 35.38 yuan, and when the Shanghai Composite Index rises to 120.88 yuan, the Shanghai Composite Index is 2977 points. During this period, the market was 7.3%, but Puyuan Varitronix rose 3.41 times. This kind of performance can be called outstanding.

Yuansheng is thinking: why can Varitronix stand out? Let's take a look at its performance first: the net profit loss per share in 2021 before the listing of Puyuan Varitronix was 0.04 yuan. Recently, Puyuan Varitronix released: it is expected that the net profit attributable to the owners of the parent company from January to December 2022 will be 89.5104 million yuan to 96.1059 million yuan, compared with the same period last year, to achieve a change from loss to profit. In this way, the net profit per share in 2022 is 0.73-0.79 yuan.

It can be seen that from a loss-making stock to a high-quality stock with a net profit of 0.73-0.79 yuan per share, it is the biggest driving force for the rise of the stock price of Puyuan Varitronix.

Yuansheng deeply knows that fundamentals are one of the most important factors in determining whether a stock can rise: Varitronix has always adhered to the mission of "achieving scientific and technological exploration and helping you infinite possibilities", with the vision of "becoming an outstanding international brand in the test and measurement industry", and has a number of key core technologies in the field of test and measurement, and has entered the top 500 Chinese enterprise patents for two consecutive years. On December 26, 2020, the company held the fourth extraordinary general meeting of shareholders in 2020, deliberated and passed the "Proposal on the Capital Increase of Puyuan Varitronix Technology Co., Ltd.", and agreed that Hillhouse Yaoheng subscribed for 2,285,984 shares issued by the company. RIGOL is a world-renowned innovative brand of electronic measuring instruments in China, and has established overseas subsidiaries in Europe, the United States, Japan and Singapore around the world, realizing localized services and support for major target markets around the world. The company's products are sold to more than 80 countries and regions around the world under its own brand "RIGOL". The company focuses on customer solutions and provides customers with professional, fast and diversified product and service experience. According to the company's external disclosure data, the company's operating income from overseas sources in 2021 will be 233.156 million yuan, accounting for 48.18% of the company's revenue. In the subdivided industry, Varitronix is currently the only Chinese enterprise equipped with a self-developed digital oscilloscope core chipset and successfully realized the industrialization of products. Bandwidth (Ba

dwidth), the company is currently the only domestic alternative supplier of high-end digital oscilloscopes of 4GHz and above in China, and is equipped with a self-developed "Phoenix" chipset to ensure that the product is truly independent and controllable. The company focuses on general electronic measuring instruments, from basic chip and algorithm design to independent research and development, localization and industrialization of products for customer applications, and participates in the formulation of the national standard "GB/T15289-2013 General Specification for Digital Storage Oscilloscopes", and has a number of products selected into the national "Measuring Instruments Substitute for Imported Products Recommended" catalog. The company has a comprehensive product line of general electronic measuring instruments, including digital oscilloscopes, radio frequency instruments, waveform generators, power supplies and electronic loads, multimeters and data collectors, and has the core technology and intellectual property rights of related products. As of June 30, 2021, the company has 386 authorized patents worldwide.

Yuansheng believes that from a fundamental point of view, having these factors is the easiest to become a bull stock: First, RIGOL is a world-renowned innovative brand of electronic measuring instruments in China. After a world-renowned company goes public, it is a high probability that it can rise in a wave.

Second, Varitronix is currently the only Chinese company equipped with a self-developed digital oscilloscope core chipset and successfully realized the industrialization of its products. China is the only one, that is, there are about 50 million enterprises in China, and it is the only one. This is the only one that is still relatively valuable, and it is likely to attract a wave of hype from the main force.

Third, Hillhouse Yaoheng subscribed for 2,285,984 shares issued by the company. Hillhouse is China's most famous investment firm, and most of the companies it invests in are successful. 33 of Hillhouse's portfolio companies have been successfully listed, far exceeding the 23 companies listed by Shenzhen Venture Capital and Sequoia China. Among these newly listed companies, 21 are from the biomedical industry, and the rest are from new materials, machinery manufacturing, software services, express logistics, etc., and only the shared charging treasure enterprise monster charging is slightly related to the Internet.

Since Zhang Lei founded Hillhouse Capital 17 years ago, Hillhouse has created many large and small investment myths, among which two are the most well-known: one is that in 2006, Hillhouse's first investment was invested in Tencent, which was less than $2 billion at the time, and now it has already earned hundreds of times its profits; Another myth is more talked about because of its drama: in 2010, Liu Qiangdong, who was trapped by money, found Zhang Lei, hoping to raise $75 million, but after Zhang Lei's research, he insisted on giving $300 million, and if he didn't collect the $300 million, he wouldn't invest.

These two investment myths have established Hillhouse's position in the investment industry.

Yuansheng believes that the above three reasons, combined with the fact that Puyuan Varitronix has turned from a loss to a win, has made it stand out and become a bull stock: from 35.38 yuan to 120.88 yuan.