Chapter 269: ’Announce It

Words : 1901 Updated : Sep 29th, 2025

The dividend distribution meeting was scheduled to start at two-thirty in the afternoon; it was nearly two o'clock when Lu Liang leisurely arrived at the company's conference room. He asked Wen Chao to distribute to the investors of Tianxing II and III the investment projects from the past half-year as well as this month's latest net asset value. As of yesterday, the latest net asset value was 1.68, indicating that the return on investment over the past six months had reached 68%. Last month, the updated net asset value was only 1.31, which also means that the return on investment for the past month alone was as high as 37%. If we take a base capital of sixty billion US Dollars, last month that would have earned a whopping 22.6 billion US Dollars. Seeing the net asset value, everyone was stunned into a trance. This was not just raking in one billion dollars overnight; it was clearly over twenty billion dollars. To exaggerate a bit, even saying thirty billion dollars wouldn't be too much. Some money is always lost with the inflow and outflow of capital. As long as there are profits, inflating the number a bit doesn't do any harm. "Ladies and gentlemen, Tianxing II will officially conclude today. Are you all satisfied with this earnings report?" Lu Liang asked, his face breaking into a smile, offering no explanation. That night, shorting the peso, gold, and RMB had only netted 11.8 billion US Dollars. The remaining 10.8 billion came from the growth in Tesla's stock. Initially, they had spent 27.6 billion US Dollars to buy a stake in Tesla, holding a 6.58% share of the market's circulating stock. The cost per share was 408 US Dollars, and as of last night, Tesla's stock price closed at 592 US Dollars, an increase of 45.12%. The holding value of 27.6 billion US Dollars Had now become 38.4 billion US Dollars. The conference room was silent for a long time until Little Wang's face turned red with excitement, and he decisively stood up to applaud. The next second, thunderous applause erupted. In just six months, a return on investment of 68%, Who wouldn't be satisfied, who the hell could not be satisfied. Lu Liang, wearing a smile, did not stop the applause, rightfully enjoying several seconds of clapping hands. After a while, he raised his hand gently, indicating a reduction in volume, and the applause in the conference room gradually subsided. Lu Liang turned to the investors of Tianxing II, "If you find no issues, I would trouble you to move to the next meeting room and sign the settlement contract. Once signed, your capital along with the dividends will be transferred into your company's account within the next three business days." The total assets of Tianxing II and III amounted to 100.8 billion US Dollars, and now was the time for divestment and settlement. The principal and dividends of Tianxing II totaled 16.8 billion US Dollars, with 6.8 billion being the final dividend earnings. The management fee, which is 25% of the earnings, started from Tianxing III. The management fee for Tianxing II was still charged at 20% of the earnings. That amounts to 1.36 billion US Dollars. Asking them to go next door to sign the settlement contract was simply a polite way of asking them to leave. This was because many of Tianxing III's investors had invested in Tianxing II, but some of Tianxing II's investors had not invested in Tianxing III. Their fate with Tianxing II had ended, and what followed was a meeting for Tianxing III Private Equity Fund investors only, which the investors of Tianxing II were not entitled to participate in. For instance, Zhuang Xiaoting, the mistress of a big shot from Beijing, and Liu Qing from DiDi, neither of them qualified to participate. Led by Tang Caide, a few people left their seats and went to the adjacent meeting room to sign the contracts. Though they were reluctant, such was reality. If they had had enough strength or deep enough backgrounds, they wouldn't have been excluded from Tianxing III. After a few people left, the door to the conference room closed again. Lu Liang's smile did not diminish as he instructed Wen Chao to distribute the dividend report for Tianxing III to everyone. Tianxing III had a total asset size of 84 billion US Dollars, and the plan was to distribute all earnings as dividends, with the management fee being 25% of the earnings, totaling 8.5 billion US Dollars. Between the Tianxing II settlement and Tianxing III dividends, the management fees totaled 9.86 billion US Dollars, plus the initial subscription fee of 1.5 billion US Dollars. 11.36 billion US Dollars, even if 20% was to be paid out. Lu Liang would still have 9.088 billion US Dollars in his hands, which was almost 60 billion RMB when converted. Many people had already mentally calculated the exact amounts, and their eyes revealed a glint of envy. But it was just that—envy. In the past six months, for every 100 million US Dollars they had invested, they had earned a profit of 51 million US Dollars. Essentially doing nothing but waiting for the money. The vast amount Lu Liang had made was all rightly his. Guo Changguang's brow furrowed as he didn't rush to sign and seal the document; instead, he stood up and raised an objection, "Mr. Lu, if we distribute all the profits as dividends, won't we be left with no funds for subsequent operations?" The Tianxing III Private Equity Fund held 6.58% of Tesla's circulating shares, currently valued at 3.84 billion US dollars. It also held 13.33% of Ningde Era's equity, approximately valued at 670 million US dollars. Adding the two together, the total was already 4.51 billion US dollars, not to mention the 380 million US dollars invested in NIO and Li Xiang. If all the current profits were distributed as dividends, then there would only be 110 million US dollars of liquid funds left in the account. Many people came to realize upon hearing this, and turned their gazes to the balance of liquid funds, suddenly enlightened by Lu Liang's intention. After all, once dividends were distributed, there would be no money left in the accounts, so it might as well let his subordinates take charge while he himself stepped aside to focus on public funds. After all, among the equities held, only Tesla's could be cashed out the soonest, but that would also take more than four months. An entire four-month gap, Given Lu Liang's impatience with idleness, that seemed only natural. Yet there was another question that seemed inexplicable: they didn't understand why he would want to venture into public funds if there was no money to initiate a new private fund phase. Lu Liang calmly smiled, having already thought of an explanation, "Mr. Guo, there's no need to worry about liquidity, as we will soon have a capital inflow." The funds he was referring to were naturally the sale of the 13.33% stake in Ningde Era, valued at 670 million US dollars. After the dividends were distributed, Lu Liang would sell the shares at a 10% premium for 737 million US dollars, pocketing the proceeds. The liquid funds in the account of 110 million US dollars would thus surge to 847 million US dollars. With just under one billion dollars, Lu Liang felt quite at ease letting Wen Chao and Sun Yutao handle it since Tesla could always be relied upon as a safety net. Because of the voice forecast, Tesla's share price was predicted to reach 713 US dollars on the 11th, but with Lu Liang's stake, causing a chemical reaction and pushing it to 750 dollars was not difficult. With the latest share price at 592 US dollars, valued at 3.84 billion US dollars, an increase of 26% would equate to 4.838 billion US dollars. It was safe to say that as long as they held on to Tesla shares, even if Lu Liang did nothing, the Tianxing III fund would not suffer any loss. Sёarch* The Nôvel(F)ire.nёt website on Google to access chapters of novels early and in the highest quality. Not to mention the stakes in NIO, Li Xiang, and the imminent transfer of the 13.33% stake in Ningde Era. Furthermore, Lu Liang's departure was only from the public face of things; it did not mean he was truly out of the picture. Guo Changguang came to understand and had no further objections. Lu Liang was the manager, and it was his prerogative how he conducted his business; they only needed to ensure their profitability. With the last objection addressed, everyone silently signed their names on the dividend confirmation letter. Once Wen Chao collected all the documents, Everyone eagerly awaited Lu Liang's next move. After so much preliminary preparation and constant build-up, it was time for the main course to be served. "Thanking each and every one of you for taking the trouble to travel from all over to attend today's meeting, there's one more matter I would like to announce," Lu Liang said, smiling at the corners of his mouth as he called upon Sun Yutao, intending to appoint him as the new fund manager, "Manager Sun has joined us since last October, and his outstanding market reactions and keen sense have repeatedly averted major crises..." Sun Yutao smiled naively, his dark skin making it impossible to see if he was blushing at all. Anyway, the audience felt embarrassed for him listening to the praise. Although it was Lu Liang talking about the barely known Sun Yutao, everyone automatically replaced the protagonist in their minds with Lu Liang. Thus, in their imaginations, it was Lu Liang on stage boasting about his many accurate speculations and daring gambles. Even though it was true, it wasn't something one praised oneself for, right? They really wanted to ask, isn't he embarrassed? But it seemed that Lu Liang wasn't one to feel shame. Zhu Hu coughed awkwardly, with a wry smile, "Mr. Lu, staffing changes are a company matter. If there's nothing else, we'll take our leave." What Lu Liang made clear by 'making an announcement' could just as well be understood as 'notifying'. The choice of 'announcement' was just more tactful. Even if they disagreed, what could they do? The contract had explicitly stipulated that investors could not interfere with the manager's decision-making nor inquire about investment details. Faced with Lu Liang stepping down from private equity and declaring he would no longer hold any positions under Tianxing Assets, Their only option was to request redemption. But what concerned them was the timing of the redemption. If Lu Liang still pulled strings behind the scenes, then that would mean they'd have effectively sold their stocks just before a surge. With Lu Liang's pettiness, he might later refuse their subscription requests because of this redemption, so there was not much left to say. They left everything to time.

Chapter 269: ’Announce It

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