Chapter 141 Sanxing caused trouble and gave Yang Chen a reward
Sanxing and other chaebols joined the battlefield to fight against Yang Chen, triggering heated discussions among Dragon Kingdom netizens.
"There is basically no doubt that Sanxing will end. With their financial resources, it will not be a problem even if they buy Letian Group. Institutions and retail investors will buy as much as they sell, and the stock price will not fall."
"Boss Yang is really going to fail in Nanbang this time. The main reason is that the Bangzi chaebol is too united and is really difficult to deal with!"
"Yang Chen is so arrogant. Does he really think he is a god? He goes around shorting other people's stocks. Now he is in trouble. Some people at home are spoiling you, but no one abroad is spoiling you. It's hard to make some money now. It’s all thanks to the Nanbang Empire.”
"The Internet has allowed us to see the diversity of species. At this time, the yin and yang taunting Boss Yang are obvious to you, right? This has just begun, and the outcome is still uncertain. Why do you think that Boss Yang will lose? Some people have been kneeling for a long time. Well, when this happens, I will kneel down and lick your foreign father, right? I’m sure Boss Yang will win!”
"Although I don't know how Boss Yang can defeat Sanxing, I still support him unconditionally. It's okay for us to quarrel internally, but when facing foreigners, we still have to be unanimous externally and firmly support our own people! Come on, Boss Yang, do it! Sanxing!”
……
Zhang Shi, chairman of Senior Capital, posted a Weibo post analyzing the situation.
"Boss Yang has subdued the Shuyin Group, which is already a very impressive achievement. The most important thing is that he should have known in advance that President Bald Eagle would ask the Shuyin Group to invest 200 billion eagle coins and ask the Letian Group to transfer the land layout Weapons. The secrets of the coalition forces can be known in advance, which shows that Boss Yang's intelligence network is very, very powerful. At least up to this point, Boss Yang's operation is perfect and can definitely be used as a classic short selling case. However, the bad thing is Sanxing. wait The chaebol unconditionally supports Letian Group. Boss Yang really has no way to succeed in shorting. Not to mention other chaebols, one Sanxing alone is enough to protect the share price of Letian Group. Boss Yang has already shorted Shuyin Group and Letian Group has made a lot of money, so it is better to end the short selling immediately and take advantage of it. It is unwise to fight against Sanxing and other chaebols. This is just my personal suggestion. Let's wait for Boss Yang's next move. ”
In addition to Zhang Shi, Changshan Capital CEO Xue Jian and other Longguo Capital CEOs have posted on Weibo and WeChat Moments to comment and predict the trend of this showdown.
To sum up, everyone suggested that Yang Chen should give up when he sees a good situation, put the money he has already earned into his pocket first, and don’t go head-to-head with Sanxing and other chaebols.
At this time, Yang Chen was having dinner with the presidents of the five major banks, Pacquiao, and Barkley.
Pacquiao asked: "Mr. Yang, the market is not optimistic about us now, do we still want to continue playing?"
Buckley followed up and said: "We have made a lot of money shorting Shuyin Group and Letian Group. Why don't we close our positions first and make a profit, and then look for opportunities to deal with Sanxing and other companies?"
Yang Chen said with a smile: "If you are afraid, you can leave at any time. I will not stop now. What happened to Sanxing? Kill me! Close the Shuyin Group tonight and go all out to short Sanxing Group . If you want to follow, don’t force me.”
Pacquiao and Barkley looked at each other, each seeing worry in the other's eyes.
ICBC President Zhao Kun said with a smile: "We are not afraid, so what are you two afraid of?"
Wang Wanli, the general manager of Longguo Bank, followed up and said: "That's right! We have to take responsibility for losing money, and we might go to jail. Your loss is nothing more than the stock price falling for a few days. We are not afraid. What good do you have? Afraid? ”
Pacquiao smiled and said: "The presidents are right! Since Mr. Yang wants to continue playing, we naturally want to play together."
Barkley also quickly said: "Yes! If Mr. Yang is confident, we will be confident."
Yang Chen smiled and said: "Eat, eat, you have to work after eating."
After dinner, several people rushed back to the trading room of Sihai Investment Department.
At this time, the Bald Eagle's stock market has not yet opened, so everyone hurriedly dealt with their own affairs and came back later when the market opened.
Yang Chen returned to the office and enjoyed Lu Mei's massage service.
Not long after, Jiang Hao, chairman of Geer Co., Ltd. called Yang Chen.
After a few simple greetings, Jiang Hao made a request to Yang Chen to repay the 3.55 billion debt.
Geer Co., Ltd. is an OEM factory that also develops some precision components. Its main source of revenue is OEM mobile phones, headphones and other products for brands such as Sanxing and Paopao.
Wang Sihai saw that Gree Air Conditioning was already making mobile phones, so he followed suit. Whether it could be successful was another matter. As long as he opened a subsidiary and business, he could make money from the group openly.
A total of 5 billion has been invested in the mobile phone business, of which R&D and manufacturing are basically undertaken by Geer Group. Sihai Group has not built its own mobile phone production line.
A total of 1,000 Sihai mobile phones were put on the market, but only more than 100 were sold. The rest were given to the group's senior executives and outstanding employees as year-end bonuses.
Although not many mobile phones were built, money was spent. Anyway, under a group of excellent financial operations, the more than 5 billion invested were spent reasonably.
Before Geer Shares could collect the money, Sihai Group encountered a financial crisis. After repeated delays, Wang Sihai took the money and ran away.
Sihai Electronics, a subsidiary of Sihai Group, currently has no employees and is completely an empty shell. If Yang Chen hadn't insisted on keeping it, this subsidiary would have been canceled.
The reason why Jiang Hao called Yang Chen late at night to ask for money was because he was threatened by Sanxing Group.
Zheng Jinrong, president of Sanxing Electronics, asked Jiang Hao to immediately collect debts from Sihai Group. If there was no result within three days, Sanxing mobile phone and other businesses would no longer place orders for Geer shares, and gradually reduce cooperation until it is completely terminated.
If a contract processing factory has no processing orders, it is equivalent to a death sentence for the company.
Zheng Jinrong even threatened Jiang Hao that if Jiang Hao couldn't do as he said, he would contact Paopao's president Kurke and ask Paopao to stop placing orders for Geer shares.
The world's No. 1 and 2nd-selling mobile phones are no longer placing orders. Geer Co., Ltd. will encounter an existential crisis. Unless domestic best-selling mobile phones can place orders for Geer Co., Ltd., it will have to lay off a large number of employees in order to survive.
This is the tragedy of the contract processing factory. Whether you live or die depends entirely on other people's wishes.
Yang Chen explained: "Sihai Electronics is an empty shell now, with no employees. How can I pay you back? Originally, they suggested that I cancel Sihai Electronics and completely cheat on me by not paying back your debt. I thought that since I If you can save other businesses, you can definitely save Sihai Electronics’ business. However, I need time. If you ask me for money now, I definitely don’t have it.”
Jiang Hao showed his cards and said: "Let me tell Yang Dongzhi, Sanxing gave me a death order. This debt must be recovered within three days, otherwise they will no longer place orders with us, and they will also Even if we are beaten, we will not place an order. Our main source of revenue is the processing orders of these two companies. If we lose these two customers, our company will have no choice but to go bankrupt. Mr. Yang, please do us a favor, Sihai. Is it okay for the group to allocate funds to Sihai Electronics to pay off its debts?”
The law stipulates that the parent company does not have to bear the debts of its subsidiaries, unless there is evidence that the parent company has misappropriated the subsidiary's funds, and the creditor can sue the parent company to repay the debt on its behalf.
It would be hard for Yang Chen to admit the debt Wang Sihai incurred through clever pretexts. How could he allocate funds from the group to Sihai Electronics to repay the debt at this point in time?
Yang Chen said: "Sorry, I can't do this! If I do this, other creditors will ask me to allocate funds from the group to the subsidiary to repay the debt. Then how can I save the Sihai Group step by step? Besides, the group has no money now. All of it was invested in the bottomless pit of Sihai Real Estate. I sympathize with your situation, but. But you have to understand the fact that the debt is not owed by me. It is already very rare that I can still claim this debt. As for how to repay it, it must be according to my plan. If you push me into a hurry, I will cancel Sihai Electronics. . Anyway, it doesn’t have any assets, and you can’t get any money even if you apply for enforcement by the court.”
Jiang Hao said impatiently: "What should we do? You can't ignore our life and death! What about the survival of our 80,000 employees? Do you have the heart to let them be laid off?"
Yang Chen chuckled and said: "Mr. Jiang, don't kidnap me morally. If you keep talking, I will apply for cancellation of Sihai Electronics tomorrow. I emphasize again, the debt is not owed by me, I could have relied on it according to the law. Debt, but I don’t have it. This is my greatest sincerity. I will definitely repay this debt, but not now.”
Jiang Hao sighed and Yang Chen hung up the phone.
Sometimes I feel that the law is quite unreasonable, but this is the fact. If Yang Chen has a dark heart, Geer Shares' 3.5 billion debt will not be worth a dime.
Sihai Electronics Co., Ltd. has a registered capital of 5 million and rents its office space. It has no factories, production lines, sales channels, or scientific research results. It doesn’t even have a single employee now. If Yang Chen is a little evil, he can legally get rid of him. This 3.5 billion.
Jiang Hao didn't dare to push Yang Chen into a hurry, but Sanxing was waiting for his reply, which really stumped him.
As soon as Yang Chen hung up the phone, the system sent out a reminder.
"The host refuses to repay the debt to Geer shares. The system rewards the host with full intellectual property memory technology, effective immediately."
Various technical data and drawings immediately appeared in Yang Chen's mind, and at the same time, a USB flash drive containing specific technologies and processes appeared in his drawer.
There was a smile on Yang Chen's lips. Chen Xi handed him a mouthful of cantaloupe and asked with a smile: "What good things have you thought of? So happy."
Yang Chen smiled and said: "It's nothing, I just want to laugh suddenly. You guys go out, I want to relax for a while."
Chen Xi and others nodded and hurried out.
Yang Chen rummaged through his pockets, but couldn't find the USB flash drive. He quickly opened the drawer and found the new USB flash drive rewarded by the system. He quickly inserted it into the computer and opened it to take a look.
"Okay, okay...the first purely domestically produced memory stick is about to come out. Haha..." Yang Chen said with a smile.
It's a pity that Sihai Electronics is a shell company and cannot immediately transfer the technology to production.
It’s time for Sihai Electronics to regroup.
Yang Chen called Lu Mei and called her in.
"I'm going to reorganize Sihai Electronics, and I want to choose one of you to be the president. You don't need to worry about technology, and you can also hire professional managers for daily management and operation. The president's task is to help me keep an eye on them and stop them from messing around. If you have any questions, please report to me immediately. This person must be my confidant, and only a few of you can do it. If you have any ideas, please raise your hand and let me see."
Chen Xi doesn't want to be the president, she just wants to be Yang Chen's secretary.
The other five beauties thought for a moment and raised their hands one after another. They all have master's degrees and must have higher career pursuits.
Yang Chen nodded with a smile and said: "Xiao Xi, prepare 5 paper balls for them to draw lots. Whoever catches Sihai Electronics will be the president."
Chen Xi nodded and quickly prepared five paper balls. One of them said "President of Sihai Electronics" and the other four were blank.
5 Mei grabbed one each and opened them one by one to take a look.
"I won! Hee hee..." Chen Lan said very happily.
Yang Chen nodded with a smile and said: "Okay! Then let Chen Lan be the president of Sihai Electronics. Your task now is to set up Sihai Electronics as soon as possible. In addition to recruiting necessary administrative personnel, the most important thing is to It’s about recruiting R&D personnel. I will personally invest in Sihai Electronics, and you can go ahead with the money I invested.”
Chen Lan nodded happily and replied: "Understood! Thank you, Mr. Yang, for cultivating me. I will not let you down."
The other 5 beauties expressed their congratulations to Chen Lan.
When the time was almost up, Yang Chen got up and went to the investment department.
As soon as Yang Chen sat down and chatted with Pacquiao for a few words, Goldman Sachs President Winterkorn called Yang Chen.
Check out the 16-9 book bar to see the correct version!
"Mr. Yang, can I discuss something with you? Don't short Sanxing Group. Is that okay?" Winterkorn said straight to the point.
Yang Chen smiled and replied: "What you said is outrageous. Sanxing has jumped out to confront me. Do you want me not to short it? If I don't short Sanxing, how can I make money and pay off my debts?"
Winterkorn quickly said: "We are communicating with Lee Jae-yong, and we are doing our best to prevent him from participating in the battle between you and Letian Group. Can you please stop shorting Sanxing Group?"
Goldman Sachs, J.P. Morgan and other companies of the Bald Eagle family hold shares in listed companies under the Sanxing Group such as Sanxing Electronics, adding up to more than 50%, so everyone says that the chaebols of the Nanbang Empire are controlled by the Bald Eagle family.
This is not actually the case.
These companies only have dividend rights but no decision-making rights. The control of these companies is still in the hands of the Li Zailong family.
Goldman Sachs and other institutions want to persuade Li Zailong not to participate in the struggle between Yang Chen and Letian Group. It is basically impossible to succeed, because Li Zailong does not need to give them face at all.
Of course.
If these Wall Street giants ask the president of the Bald Eagle family to come forward and order Lee Jae-yong to surrender, that's a different matter.
After all, the Nanbang Empire was built on the Bald Eagle family's military base, and Li Zailong did not dare to break up with the Bald Eagle family easily.
But these are not important. Regardless of whether Goldman Sachs and other institutions can persuade Li Zailong to withdraw, Yang Chen will definitely short Sanxing Group.
Originally, Yang Chen needed a reasonable opportunity to short-sell Laowai's company to make money and pay off debts. Sanxing and other chaebols took the initiative to come out to find trouble. Yang Chen would definitely not let them go.
Yang Chen smiled and said: "You should talk to him first, and then we'll talk about it."
Winterkorn quickly replied: "Okay! Then let's continue chatting with Lee Jae-yong and try our best to persuade him to withdraw from the fight."
Yang Chen smiled and then hung up the phone.
Pacquiao quickly asked: "What did Winterkorn tell you?"
Yang Chen smiled and replied: "He said that they persuaded Li Zailong not to stand up for Letian Group and asked me not to short-sell the listed companies of Sanxing Group."
Buckley said mischievously: "If they say no, we will definitely do it. It is best to let the Sanxing stocks they hold suffer heavy losses, and their annual reports will definitely be ugly. Their annual reports are ugly, but our annual reports are good, and customers will will fall into our arms”
"Haha..." Everyone laughed.
Competition among peers is so cruel, even within a country, people have to fight to the death.
Yang Chen said with a smile: "Let's do it step by step! Let's close the Shuyin Group stock tonight."
Everyone nodded and waited for the Bald Eagle stock market to open.
Not long after, the Bald Eagle stock market opened.
Shuyin Group's stock price fell 3 points at the opening, and the current price is 14.56 eagle coins.
At this time, Sun Changyi called Yang Chen.
"Mr. Yang, the market has opened, can you stop short selling today?" Sun Changyi asked humbly.
Yang Chen smiled and replied: "Don't worry, we will find a good time to take action. Not only will we stop short selling, but we will also buy to increase the price."
Sun Changyi immediately said happily: "Thank you Mr. Yang."
Yang Chen hummed and hung up the phone.
Yang Chen stared at the market for a while, and then said loudly: "Attention all traders, buy and close positions as soon as Shuyin Group's stock price reaches 10.05 Eagle Coins. Be quick and don't cancel the orders for retail investors and institutions that have placed sell orders. Opportunity.”
Pacquiao, Buckley, and the presidents of the five major banks quickly told their traders to strictly implement Yang Chen's orders. Anyone who made a mistake would get out.
Pacquiao whispered to Buckley: "Mr. Yang can even calculate where the stock price will be. Is it so magical?"
Barkley shook his head and whispered back: "I don't know either. Let's see and then talk."
Time passed little by little. Although Shuyin Group's stock price fluctuated, the trend was still downward.
When the time came to 23:30, Shuyin's stock price touched the 10.5 Eagle Coin that Yang Chen said, and all traders immediately bought it according to his request.
"The Agricultural Bank of China bought 120 million shares at an average price of 10.65 eagle coins, closed its short position of 80 million shares, and left 40 million shares."
"Longguo Bank bought 150 million shares at an average price of 10.82 eagle coins, closed its position and shorted 120 million shares, leaving 30 million shares."
"BlackRock bought 200,000 shares, closed the position and shorted 200,000 shares, with no remainder."
"Vanguard bought 200,000 shares, closed the position and shorted 200,000 shares, with no remainder."
……
After all the companies finished reporting, Yang Chen nodded and said: "Well done! Now you can buy Shuyin Group like crazy, with a target price of 30 Eagle Coins. When this price is reached, clear the position and leave immediately."
The traders of the five major banks immediately carried out Yang Chen's order without any hesitation.
Pacquiao quickly asked: "Mr. Yang, do you still want to promote yourself and make another round of money?"
Buckley immediately asked: "How are you sure that Shuyin Group's share price will definitely rise back to above 30 eagle coins?"
Yang Chen smiled and replied: "You asked too many questions. Just follow my ideas and operate honestly. There is no need to ask so many questions."
Pacquiao and Barkley looked at each other and quickly ordered their traders to buy Shuyin Group shares. They also gave a restriction, which was that they could only buy stocks below 20 eagle coins, and they could not buy more than 20 eagle coins.
Yang Chen stood up and said: "That's it for today. You can go back tomorrow. When I am ready, I will invite you to short Sanxing together."
Pacquiao and others quickly stood up and said goodbye to Yang Chen.
Yang Chen called Chang Sheng, the president of Sihai Health.
"Ah Sheng, our secondary male growth pill is ready for the market." Yang Chen said.
Chang Sheng quickly said: "Okay! When midnight comes, I will make an announcement to warm up."
(End of chapter)