freenovelworld Chapter 1013 Just ask for your blessings
Chapter 1013 Just ask for your blessings
Mo Siyuan still felt a little confused.
"Who are you talking about?"
Director Han said: "The chairman of the Securities Regulatory Commission, Cheng Yingjie, has personally asked to investigate your China Port Logistics!"
Mo Siyuan felt dizzy and almost fell to the ground.
Is it worth it for Cheng Yingjie to personally speak up and send more than a dozen people to investigate Huagang Logistics, a small logistics company with a market value of 700 to 800 million?
Director Han sighed and said, "If there is nothing wrong with you, then it's easy to deal with. The investigation is to enforce the law impartially. If after verification, it is not your fault, we will naturally give you justice!"
"But I'm afraid that I don't know what problems will be found in China-Hong Kong Logistics..."
Mo Siyuan's heart sank: "Then..."
"Then Director Han, what will be the final result?"
Director Han said helplessly: "Be prepared for a large-scale drop in the stock price. After the investigation period is over, different levels of results will be given based on the problems found in the investigation."
"The lightest punishment is to order rectification or have a conversation with the supervisor..."
"This is a punishment of drinking three cups of wine, and it also gives you a chance to reform and express your position. It's like giving you a way out!"
"The next step was to issue a warning letter, ordering China Port Logistics to publicly explain the problems that had occurred!"
"In the future, if there are serious violations of the law, administrative penalties may be transferred to relevant departments for criminal prosecution..."
"If it's the first few, it's not a big deal. At most the stock price will drop, but it won't have much impact on you."
"But if we want to make it an example and get to the bottom of it..."
Director Han sighed, "Boss Mo, this is an investigation personally led by the higher-ups. No matter how many tricks you come up with, you can only wait!"
"I can't help you with this matter. I have done my best to say this."
"You wish for your own happiness..."
After Director Han finished speaking, there was a long silence.
Mo Siyuan opened his mouth, wanting to say a lot of things, but in the end, he sighed and couldn't say anything.
What is an unexpected disaster...
This is an unexpected disaster.
The two hung up the phone. Mo Siyuan stood at the desk in the office, looking at Ning Jing Zhiyuan hanging opposite him.
At this point, he still has no peace of mind!
Isn't this just waiting for death!
When the CSRC investigation team entered China Port Logistics, it was Wednesday, and when the news came out, it was not yet closing time.
As a result, the stock price of China Port Logistics, which had been fluctuating and relatively stable, hit a limit down in the closing market...
Almost at the same time, Jitu Express went on a buying spree and acquired all the shares of China Port Logistics that were listed on the day at the limit price, accounting for 6% of all the shares of China Port Logistics.
At the same time, Jitu Express raised its sign to the China Securities Regulatory Commission and submitted a written report to prove that its company and its legal representative Su Yang hold a total of 10% of the shares of China Port Logistics.
After the market closed that day, news that the investigation team had entered China-Hong Kong Logistics spread like wildfire. It seemed like a normal spread, but in fact it was Jitu Express that was fueling the flames behind the scenes.
Almost at the same time, the six shareholders of China Port Logistics transferred their unblocked shares to a newly established, independent investment company in Chuncheng City.
This company suddenly acquired 5.5% of the shares of China Port Logistics.
At the same time, this newly established investment company also submitted a letter to the China Securities Regulatory Commission, stating that it would make a strategic investment in China Port Logistics!
Jiangcheng City, Jitu Express Headquarters.
In Su Yang's new office, a huge whiteboard was pushed in the middle of the office.
Su Yang stood next to the whiteboard, writing and drawing non-stop.
Among the shareholders of China Port Logistics, the one who owns the most shares is naturally Mo Siyuan. Mo Siyuan alone holds 30% of the shares. In this battle for shares, Mo Siyuan will play an absolutely dominant role.
But the second largest shareholder has quietly changed from Mo Siyuan to him and Jitu Express, who jointly hold 10% of the shares.
The third largest shareholder asked Corning to arrange for someone to acquire 5.5% of the shares in an investment company that had been established previously.
The fourth largest shareholder is Si Yao, who also holds 3% of the shares of China Port Logistics.
In other words, he now holds a total of 18.5% of China Port Logistics' shares.
But if he wants to surpass Mo Siyuan, he still needs at least 11.5% of the shares.
There are many scattered shareholders in the China-Hong Kong Logistics Group, and he can still win over these people.
At the same time, Si Yao's Si Group can also continue to acquire shares of China Port Logistics...
Of course, if you want to take over Huagang Logistics, the person you should and must solve is Mo Siyuan!
He grabbed 18.5% of the shares, which was enough to change the situation!
At least, it can make Mo Siyuan recognize some reality...
That is, his China-Hong Kong Logistics is no longer valuable.
The time agreed upon by Su Yang, Sun Ming, Li Guanhua, William and others is seventy-two hours.
At the end of the first day, China Port Logistics had lost 80 million in market value...
The next morning, after 9:30, the share price of China Port Logistics rose instead of falling.
Apparently, quite a number of hot money and retail investors learned about the news that Jitu Express bought China-Hong Kong Logistics against the trend.
Many people analyzed that Jitu Express might acquire China-Hong Kong Logistics and then go public through a backdoor listing.
Su Yang sat in the office, watching the soaring share price of China Port Logistics. He turned to look at He Rongfa, who was also on high alert in the office.
"Spread the news that we have no intention of acquiring China Port Logistics. At the same time, send out a message that after the six-month lock-up period expires, we have decided to sell all of our China Port Logistics shares..."
"It was also mentioned that this investment was not approved by the board of directors, which was a mistake made by the investment department."
After Su Yang finished speaking, He Rongfa scratched his head. This was simply dancing on the edge of a knife.
But according to their plan, six months later, China Port Logistics, which was acquired by the wholly-owned subsidiary, would have been delisted and would not have sold any shares.
It is not a listed company, so it is not the CSRC’s turn to manage it…
As for waiting for Jitu Express to go public, that will take a long time!
The most important thing is to solve the problem at hand first.
During the midday trading break, the news released by Jitu Express immediately attracted the attention of many institutions, followed by retail investors and hot money, who also noticed the news.
Opening in the afternoon.
The share price of China Port Logistics fell immediately, and then fell further and further...
Su Yang sat next to the computer and watched as China Port Logistics' stock price hit the limit down again before two o'clock in the afternoon. He leaned back in his chair and smiled slightly.
This is naturally also his masterpiece.
The shares of Jitu Express and Corning's investment company have already been taken over, so they cannot be sold at will.
But Si Yao's 3% stake does not have such restrictions...
Three percent of the shares were all priced at the lower limit, directly pushing the share price of China Port Logistics to the lower limit!