Chapter 281 Avalanche, the darkness before dawn 2!
Chapter 281 Avalanche, the darkness before dawn 2! (Subscribe)
As the helmsman of Xingwang Group, Zhou Xingwang has developed Xingwang Group to its current height.
He still has a lot of prestige in the eyes of all shareholders. After he said this, the conference room suddenly fell into silence and everyone kept silent.
But this situation only lasted for a minute.
Zhao Qinian snorted coldly and said angrily, "It's easy to say that you want us to raise money, but where can we raise the money? How do we calculate the money we raise? What do we calculate? Old Zhou, you are calculating too much!"
Zhao Qinian's angry shout was like a heavy hammer that broke the silence, and the noise that had just been suppressed in the conference room suddenly revived.
Zhou Xingwang's heart tightened. He knew that Zhao Qinian was quite influential among the shareholders. If he started a commotion, the situation would get out of control again.
He glanced at everyone, and said in a firm tone: "Old Zhao, I understand your concerns. We have been in the same boat for many years. When have I, Zhou Xingwang, ever cheated you?"
"This fundraising is considered as emergency funds that everyone is temporarily lending to the company. The company will pay you back with interest at an interest rate higher than the bank, and will also give you additional share appreciation rights. When the stock price rises, the value of the shares in your hands will only be higher."
Lin Yu frowned slightly, rubbed his chin and thought for a moment before speaking: "Mr. Zhou, even so, this money can't be raised just like that. Everyone is short of money. You have to give us a deadline, and the flow and use of funds must be transparent, so that we can rest assured."
The other shareholders nodded, expressing their agreement with what Qian Hong said.
Zhou Xingwang nodded slightly: "Of course, I will immediately arrange for the financial team to make a detailed plan and report the flow of funds on a daily basis. Three days will give everyone time to raise money. I will also take the lead in contacting various resources to gain more support."
Zhao Qinian crossed his arms and said with disdain, "Old Zhou, you sound nice, but given the current market situation, who can guarantee that the stock price will recover? What if the money goes down the drain, what will you use to pay it back?"
Qian Hong also shook his head: "I have been in the business world for so many years, and I have seen too many examples of verbal promises that ended up being empty. The conditions you offer may seem tempting, but in fact the risk is too great. I dare not gamble with my own wealth."
Other shareholders echoed this, and voices of opposition arose one after another in the meeting room.
Zhou Xingwang's face became increasingly gloomy. He didn't expect that the sincere proposal he put forward still failed to impress everyone.
"Everyone, we have worked together for many years. Now that the company is in trouble, are you really going to abandon it?" Zhou Xingwang's voice was filled with fatigue and unwillingness.
But the shareholders had made up their minds. Zhao Qinian sneered, "Old Zhou, it's not that we are ruthless, but we simply cannot afford the risk. You should think of another way. I have decided to withdraw my investment and stop playing. I will spread the word and sell my shares later."
"It's better to pay a little than to lose everything!"
"Old Zhou, don't tell me that I told you beforehand. Do you want my shares? If you do, let's talk about it later."
Hearing this,
Zhou Xingwang’s nose was almost crooked from anger!
His eyes were wide open, staring at Zhao Qinian intently, his chest heaving violently, and his fingers tremblingly pointing at the other person.
"Zhao Qinian, you... you are just adding insult to injury! We have been friends for so many years, and you have the heart to watch the company collapse? You know how much effort I have put into Xingwang Group. Now the company is just encountering some troubles, and you are the first one to jump out and sabotage it!"
Zhao Qinian avoided his gaze and said indifferently, "Old Zhou, the business world is like a battlefield, and I have to think about my wallet. The situation is obvious. If we continue to waste time, everyone will be buried with us. I advise you to be realistic and find a buyer quickly. Sell the company and get some money back."
Zhou Xingwang laughed in anger, "Okay, you're thinking of yourself! If you withdraw your investment now and spread the news, the company's stock price will plummet. By then, everyone will be finished. Do you think you can stay out of it?"
At this time, Qian Hong also added fuel to the fire and said, "Boss Zhou, don't blame Lao Zhao for being realistic. It's not easy for everyone. Look at the current stock market. The short-selling force is so strong. Our family assets can't stand it. Although I'm not as determined as Lao Zhao, I have to leave a way out for myself. I have to consider whether to sell these shares."
Lin Yu hesitated and stammered, "Boss Zhou, I... I still have to support my technical team. If the funding is cut off, everyone will have to disband. I don't want to go this far, but..."
Zhou Xingwang looked around, feeling sad as he saw that his former partners had now turned against him.
He gritted his teeth and spoke word by word: "You have all forgotten who led us through all the difficulties when the company started? Who was running around to solicit investment when the market was at its most difficult? Now that we are facing some difficulties, you want to disband. You have no conscience!"
There was dead silence in the meeting room. Although the shareholders looked ashamed, their determination to withdraw their investment remained unshaken.
Zhou Xingwang knew that no matter how much he appealed to her emotions, it would be of no avail at this moment.
He took a deep breath and tried to calm himself down. "Okay, since you have decided, I won't force you. But please give me some more time, three days! I only need three days!"
Zhou Xingwang looked around at everyone, his eyes piercing as he said, "If the stock price doesn't rise to 7 meters in three days, you can decide for yourself whether to stay or leave. I respect your choice!"
Everyone looked at each other,
Qian Hong glanced at Zhao Qinian, then nodded, "Okay! Then three days! After three days, if the stock price is still so low..."
He didn't say the rest, but everyone present understood what he meant.
"Okay! Three days is three days. I can still wait for three days!"
After Zhao Qinian finished speaking, he stood up and left.
The board meeting came to an abrupt end, and all shareholders dispersed. Soon, only Zhou Xingwang, Zhou Zijian, and his son, and two assistants in charge of taking minutes were left in the meeting room.
Zhou Zijian waved his hand and asked the two assistants to leave.
"Dad, we can't count on these ungrateful people anymore. What should we do now?"
"How about I go talk to Qin Han?"
Zhou Xingwang snorted coldly: "What's the use? He has invested so much money now, how can he just stop? He won't stop until he gets the meat! Not only him, but also those short-selling institutions!"
"That……"
"It's impossible to admit defeat!"
Zhou Xingwang's eyes fixed, and he said in a deep voice: "I have mortgaged the Group Building for a loan of 3 billion, which will be credited to the account in the next two days. Transfer all the funds from you to me later, and we will get through tonight first."
After a pause, he continued, "Tomorrow the Hangzhou State-owned Assets Supervision and Administration Commission will come to inspect the company. If everything goes well, we will be able to raise some funds. You can ask the public relations department to release this news later and hype it up to create a bigger momentum. Do you understand what I mean?"
"clear."
Zhou Zijian's heart trembled, knowing that his father was planning to spend his old capital.
All the funds previously mobilized were money in the company's account or money obtained from the sale of the company's assets.
Zhou Xingwang’s own money was not used.
The Zhou family has been wealthy for so many years, especially in the past three years, they took the opportunity to amass a large amount of wealth, and their family assets are still considerable.
really,
At this time, Zhou Xingwang said, "I was worried that I would not have the opportunity to clear out these disobedient shareholders. Now is the perfect opportunity, Zijian. Everything has its pros and cons, and every con has its pros. Isn't this an opportunity for us?"
"As long as we survive this wave, we can make a fortune!"
Zhou Zijian was delighted and praised with a smile: "Dad, you are still far-sighted. I admire you!" "Go ahead and let the public relations department take action immediately."
"Yes!"
……
The public relations department of Xingwang Group acted quickly.
The news that Hangzhou State-owned Assets Supervision and Administration Commission was about to inspect Xingwang Group swept the entire business circle like a whirlwind.
The media caught wind of the news and called to inquire. All kinds of speculation and discussion were rampant on the Internet. Some were optimistic, believing that this was a turning point for Xingwang Group; others were pessimistic, questioning whether it was just a last-ditch effort.
However, this kind of negative and pessimistic remarks will soon be drowned out by other remarks, and will be short-lived and disappear without a trace.
Qin Han naturally got the news first. He frowned slightly, put down the information he was reading, and thought to himself: "Zhou Xingwang, this old fox, has kept this trick up his sleeve. If the State-owned Assets Supervision and Administration Commission gets involved, there will be a lot of changes."
He immediately called Lu Yuan and instructed, "Pay close attention to the SASAC's movements and find out the true intention of their investigation. Also, see if you can find out if Zhou Xingwang has any private transactions with them."
On the other hand, Zhou Xingwang cheered himself up and began to re-plan the use of funds.
He knew very well that tonight would be a matter of life and death. If the stock price could not be maintained, all previous efforts would be in vain.
He contacted several old friends in the banking industry, trying to get some temporary financial support, even if it was just a short-term bridge loan, to solve the urgent problem.
Zhou Zijian was busy coordinating various departments to respond to the media and prepare detailed information for tomorrow's State-owned Assets Supervision and Administration Commission's inspection.
He knew very well that his father placed all his hopes on this inspection and there must not be any mistakes.
He called the public relations team together and repeatedly urged them: "We must infinitely magnify the company's advantages and prospects, let the State-owned Assets Supervision and Administration Commission see our potential, and this time we can only succeed and not fail."
……
Night falls quietly, but the stock market is still bustling.
Under the impact of various news, the stock price of Xingwang Group fluctuated violently like a small boat in the stormy waves.
Qin Han and the short-selling institutions did not stop their attacks because of the news from the SASAC. Instead, they increased their short-selling efforts, trying to completely destroy Xingwang Group's stock price defense line before the news came out.
Although Xingwang Group continues to push up its share price, there are too many short orders, and Xingwang Group's share price is still falling overall...
Time passes quietly,
In the blink of an eye, it was four o'clock in the morning and the US stock market closed.
The share price of Xingwang Group finally stopped at 4.15 million yuan!
The opening price of the stock was 5.8 million yuan, which was a 28.45% drop overnight! !
At this point, compared with the stock price when Xingwang Group was first listed, it has fallen by almost 60%, which means that the total market value of Xingwang Group is now only 40% of what it was before.
"It's a bit dangerous at this point..." said Song Yuanyuan.
Chen Xi asked curiously, "Why? It's going pretty smoothly, isn't it? Xingwang Group is a little weak today. It seems like they really have no money."
"That's not necessarily true. It said on the Internet that the Hangzhou State-owned Assets Supervision and Administration Commission visited Xingwang Group today. They might invest in it. After all, Xingwang Group is considered a large enterprise in Hangzhou." Song Yuanyuan said.
Qin Han suddenly spoke up, looked at her, and asked, "What do you mean by danger?"
"I am worried that those short-selling institutions will gradually stop. They will not invest endlessly. The reason they join in the short-selling is to make a profit, and they can only make a profit if the share price of Xingwang Group goes up again."
"You mean, next they will turn their guns around and slowly increase their positions?"
"It's very likely that 4.15 is not too high, nor too low, it's just right."
Song Yuanyuan smoothed the hair beside her ears and said softly, "But it's up to them to decide how to choose. I'm just guessing."
“What if we continue to sell? Will they continue to follow suit?”
"……I don't know either."
Qin Han was silent for a moment, then nodded, "I see. Let me think about it."
……
I went back to Amanyangyun and took a nap.
After waking up, Qin Han took out his mobile phone and opened the Douyin hot list. Sure enough, there was a news about Xingwang Group on it, saying that the Hangzhou State-owned Assets Supervision and Administration Commission visited Xingwang Group and the two sides would start cooperation.
It goes without saying that this must be the hot list bought by Xingwang Group.
Under this news, there are all kinds of comments that are optimistic about Xingwang Group. Many people also say that the stock price of Xingwang Group is about to usher in a wave of rising prices.
Looking at these comments,
Qin Han couldn't help but frown. What would the netizens say...
A bunch of stupid leeks!
But the power of these people is also huge and terrifying. Among these tens of millions of people, if some of them buy stocks of Xingwang Group at this time, it will increase the difficulty of their short selling!
If those short-selling institutions also follow the general trend at this time and turn around to push up the stock price...
Qin Han focused his attention on the hot list and said silently in his heart: "Start speeding up..."
Since this time,
He simply used the system to activate the 'ten times speed-up BUFF' for himself to complete dungeons, and also made money by short-term trading in the US stock market. He could save a lot of time every day, which accumulated to a considerable amount, more than 70 hours.
If this is used to speed up the hot news, you can easily see what major events will happen in the next two months, and there will still be enough time.
As time speeds up, the news on the hot list begins to change...
"The reasons for the construction of the Jiangmen Neutrino Laboratory and its method of capturing neutrinos have attracted attention!"
"More than a dozen provinces have raised their minimum wage standards, which will affect the income levels of the majority of workers!"
"Ice flow appeared on the Songhua River, and snow fell on Wulao Peak in Yongji, Shanxi!"
"Rice Car Sales performed a launch start at the traffic light and knocked down the person who ran the red light!"
"Hu Jian Provincial Consumer Council reminds consumers to be alert to the consumption risks that may be caused by the sudden closure of 4S stores!"
"The flight attendant quit her job and went home to raise pigs. She made 20 in two months!"
As he was reading, a piece of news caught his eye, and Qin Han's eyes suddenly lit up!
……
(End of this chapter)