When we first entered 2007, China's stock market was actually already a bit weak. After a year or two of booming, it started to fall this year, and by the end of 2013, it had not recovered.

Particularly representative is naturally the stock of PetroChina. This stock of the world's most profitable company, which was highly sought after before its listing, gave everyone a super embarrassment on the first day. The highest price was over 40 yuan.

The price collapsed immediately, and it could not reach this price again for six or seven years.

In fact, it's not just PetroChina's stocks, but also the stocks of many companies. They are in a state of being cut with a blunt knife, slowly falling, slowly falling, and finally falling to one-tenth of the highest price.

, simply don’t want too much.

It is now November 2007. After more than half a year of ups and downs, the market value of many stocks has dropped by about one-third. People in the entire stock market are panicked. They watch the green screen drop all day long and worry.

But as the saying goes, heroes show their true qualities in troubled times. Amid all the anguished scolding, there are still some good stocks that have managed to keep from falling, and some have even gone against the trend and gone up.

For example, in the 10 months of this year, the stock price of a Chinese private enterprise named Fidelity Technology rose from 12 yuan to 42.96 yuan, a cumulative increase of 258%, making it the most dazzling stock in China, attracting all holders.

With it and the investors and institutions who bought it, they grinned with joy.

The reason why Fidelity Technology soared regardless of the market trend is actually very simple, because it is the only supplier of speakers, a component of DreamPad.

From last year to this year, DreamPad has sold more than 70 million units. Fidelity Technology also predicts that including the loss of parts and parts repair, replacement and stocking, the number of speakers provided to Fairy Company this year will reach 90 million.

So much.

Because Xiao Qi signed a settlement agreement with them in RMB, they did not suffer a loss in profits due to the loss of the U.S. dollar exchange rate like other Baodao and foreign suppliers.

The purchase price of a speaker is 10 yuan. Due to the advantage of labor cost, Fidelity Technology's profit is simply calculated to be about 22%. With some additional profits, their actual profit reaches 25%, alone

The profit from DreamPad orders alone reached 225 million.

Of course, the profit of 225 million is only a fraction of the monthly profit of PetroChina and Sinopec. It cannot even reach the profit of others in one day.

But it can’t stand the good growth potential and expectations of Fidelity Technology. Backed by DreamPad, a global money-attracting tool, Fidelity Technology is one of the few “DreamPad concept stocks” in the entire Chinese stock market, not to mention that it is profitable now.

Even if it is not profitable, it will be sold at a sky-high price!

As the general manager of Fidelity Technology, Xue Wenyao has been extremely happy this past year.

Originally, Fidelity Technology was just a small and inconspicuous company in the entire Suzhou Industrial Park. Although they had been OEMing mobile phone speakers for Nokia and Motorola, they had been doing it for about twelve years, and the speakers had been in the market for two years.

Major mobile phone manufacturers account for 15% of the speaker components. But they used to be OEMs, no different from other OEMs.

But after getting involved with Fairy Company, and with the stunning debut of DreamPad, this small company suddenly became famous, as if it became a benchmark in the industry overnight.

That's right, it's the benchmark.

Other companies say you are good, but why haven’t you seen Fairy Company using your products? The components that appear on the DreamPad are definitely the best in the industry. Only then can they be selected by the demanding Xiao Qi!

With such a big name, Fidelity Technology gradually discovered that its products are getting better and better after the beginning of the new year.

Nowadays, there are already many manufacturers of mobile phones. After more than a year of fighting, copycat phones are no longer as profitable as the fairy phones in the past. They still have to compete with each other on quality to get users to buy them.

Even the uncles and aunts in rural areas will use their mobile phones to make calls and play music first. They will see how the call effect and quality are before they are willing to pay - these days, everyone has learned to protect themselves.

Life is not easy for profiteers and profiteers.

Because of this, many companies that produce mobile phones immediately came to purchase on a large scale after discovering this industry-standard gimmick of Fidelity Technology.

Then after I bought it, I started hyping it up and associating myself with Fairy Company’s DreamPad.

For example, they advertise "from the same supplier as DreamPad", "DreamPad's choice is our choice"... etc., etc., but they are actually just the same parts of a speaker.

However, as long as you are Chinese, there is no one who has not heard of DreamPad. Old men and women in the countryside also know that this is a modern technological product that brings glory to China in the world.

Since it has the same component supplier as the internationally sold DreamPad, the quality is naturally good, so people are willing to buy such a gimmicked phone.

To put it bluntly, the quality of copycat phones is now very stable. Basically, as long as it is produced by a well-known large manufacturer, it will generally last two or three years without any problems. The embellishment of this speaker is actually of no use.

Large, it cannot improve the fundamental quality of mobile phone products.

But once I saw that it was so easy to sell because of the gimmick of DreamPad, the price advantage of Fidelity Technology’s speakers is so cheap. Compared with Baodao’s LCD display, Corning’s tempered glass, Japanese memory, etc.

It is much more economical, so more manufacturers have joined in. Even large companies that produce mid-range domestically produced machines that cost about 1,000-1,500 yuan want to buy Fidelity Technology speakers.

While Fidelity Technology is rapidly increasing its factory area and production scale, its hands are cramping when counting money. The workers and management of the entire company are all smiling every day.

Xue Wenyao admired himself very much for his miraculous act of quickly taking people to Chengdu to visit and finalize the supply of parts as soon as he received Xiao Qi's call.

God wants me to post this!!

General Manager Xue, who was almost cramping with laughter, hummed happily and thought.

PS: Thanks to shalex, tychu, Rosten, bigthree, Long 0819, Mao Huihui, Zhuyu Dragonfly, asd79202420, Blade Dancer brothers for their generous rewards. Thank you to all the brothers who support the scholar! In addition, I wrote about the stock market today.
Chapter completed!