freenovelworld Chapter 429 Capital Strangulation
Chapter 429 Capital Strangulation
Chapter 429 Capital Strangulation
Wen Jingzhao's counterattack came faster and was more ruthless than Lin Chuyue had anticipated.
In just one day, the Lin Group's stock price suffered a fierce attack from capital.
The stock immediately hit its daily limit down upon opening!
In just half an hour, the market value evaporated by more than 30 billion!
Institutional investors are frantically selling off their shares, causing panic among investors!
Major financial media outlets published articles with shocking headlines—
The Lin Group is facing a market crisis, with the risk of a broken capital chain increasing sharply!
[With its stock price plummeting, can the Lin Group weather this round of capital attack?]
[Insider information: Wens Group has secretly acquired shares in Lin's Group, potentially a hostile takeover!]
Inside the Lin Group's conference room, all the senior executives looked tense. CFO Fang Jingzhou's face was pale, and his tone was urgent: "President Lin, the stock price has hit the daily limit down twice in a row, damaging investor confidence. If we don't stabilize it soon, it may trigger an even larger sell-off!"
Marketing Director Li Ran also looked anxious: "President Lin, we just received news that several banks have begun to tighten their credit lines for us, and one bank has even asked us to repay the loan in advance!"
Upon hearing this, the meeting room fell into a deathly silence.
Wen Jingzhao's move directly cut off the Lin family's cash flow!
All eyes were on Lin Chuyue, awaiting her decision.
Lin Chuyue remained calm, tapping her fingertips lightly on the table, and said in a deep voice, "Wen Jingzhao wants to strangle us through the capital market, but he underestimated one thing—we are not fighting alone."
She slowly scanned the crowd, her tone firm: "Notify all shareholders that we are convening an emergency shareholders' meeting."
-
Capital Wars: The Split Among Lin's Shareholders
Two hours later, the Lin Group's shareholders' meeting was held.
Inside the meeting room, the atmosphere was heavy. The group's major shareholders took their seats one after another. Some had complicated expressions, some had indifferent faces, and some had greedy glints in their eyes.
Wen Jingzhao's capital strangulation plunged the entire Lin Group into an unprecedented crisis and also caused a split in the shareholders' positions.
“President Lin, the market situation is not optimistic right now. The capital market lacks confidence in us. Shouldn’t we consider introducing external funds to stabilize the situation?” A shareholder spoke first, his tone tentative.
"External funds?" Lin Chuyue raised an eyebrow, a cold glint in her eyes. "You mean Wen's funds?"
The shareholder, feeling somewhat guilty under her gaze, coughed lightly and mumbled, "It doesn't necessarily have to be the Wen family... but after all, they already control a portion of the Lin family's shares. If we can reach a settlement with them—"
"Reconciliation?" Lin Chuyue chuckled lightly, her tone sarcastic. "Wen Jingzhao wants to annex us, not cooperate."
Another shareholder sighed: "But Mr. Lin, the company is indeed in great danger now. Wen's Group already holds nearly 10% of the shares. If they continue to acquire, they may even exert influence on the board of directors."
These words caused the expressions of everyone in the meeting room to change.
The more shares Wen's holds, the weaker Lin Chuyue's controlling stake will be. Once Wen's controls the board of directors, she will be completely kicked out of Lin's!
At this moment, there was a sound of footsteps outside the door.
Gu Yanchuan appeared.
He walked into the conference room, glanced around indifferently, then looked at Lin Chuyue and said calmly, "You asked me to come here to deal with this situation?"
Lin Chuyue looked at him and smiled slightly: "Since you hold shares in Lin's Group, you naturally have the right to participate in the shareholders' meeting."
The shareholders in the meeting room immediately exchanged subtle glances—
Gu Yanchuan is one of the major shareholders of the Lin family and also the person Wen Jingzhao fears the most.
But... which side is he on?
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Gu Yanchuan's strategy
Gu Yanchuan sat down, tapped the table with his long fingers, and glanced at everyone with a calm and unhurried tone: "It seems that everyone has forgotten that the core business of the Lin Group is the key to this capital war."
He paused slightly, then continued, "Wen Jingzhao launched this capital attack with the aim of destroying the Lin family's cash flow and causing market confidence to collapse. But if the Lin family has sufficient funds and market advantages, this capital war cannot continue."
Lin Chuyue's lips curled slightly: "What does President Gu mean?"
Gu Yanchuan raised the corner of his mouth and slowly said, "We will take over a portion of Wen's shares and make them too busy to take care of themselves."
These words caused an uproar in the entire conference room!
"Anti-takeover?!"
"But...we're already short on funds, where would we get the money to launch a counter-takeover of Wens?"
"If we fail, the Lin family's cash flow may be in even greater danger!"
Faced with the shareholders' discussion, Lin Chuyue smiled faintly: "You've forgotten that although Lin's funds are limited, we have quite a few partners."
She looked at Gu Yanchuan, her eyes sharp: "If I'm not mistaken, Mr. Gu has already made preparations, hasn't he?"
Gu Yanchuan smiled and said calmly, "I own some shares in Wen's Group. If you are willing to cooperate, we can launch a counterattack in the capital market."
"I do," Lin Chuyue agreed without hesitation.
She turned to look at everyone, her tone firm: "If you want to protect the Lin family, you must support this counterattack."
Silence fell over the meeting room.
A moment later, Fang Jingzhou was the first to stand up: "I support President Lin."
Then, another shareholder nodded in agreement: "I support it too."
Ultimately, the vast majority of shareholders expressed their support for the counterattack!
-
The counterattack in the capital market
That evening, the capital market underwent a dramatic change.
Lin's Group announces – the official launch of its strategic acquisition of Wens Foodstuff Group!
Financial news exploded instantly—
[Lin Group launches a dramatic counterattack, investing 20 billion yuan to acquire Wens Foodstuff Group shares!]
[Gu Yanchuan makes a rare move, intensifying the capital war between the Lin and Wen families!]
[Wen Jingzhao's crisis may trigger a major reshuffle in the capital market!]
In just a few hours, Wens' stock price plummeted by 7%!
When Wen Jingzhao received the news, his face was terribly gloomy.
"Damn it... Gu Yanchuan! He actually planned the share acquisition in advance?!"
Zheng Chuan was sweating profusely with anxiety: "Young Master, Lin's acquisition was too sudden. We didn't have enough funds to stop it in time. The sell-off in the market has already begun!"
Wen Jingzhao's eyes darkened, and he suddenly sneered: "A sell-off? Ha... then let them sell."
Zheng Chuan was stunned: "What does Young Master mean?"
Wen Jingzhao narrowed his eyes, a sinister glint flashing in them—
"Since they dare to play the capital war, then we'll play it to the end with them."
"Notify the banks... tighten all financing and loans to the Lin family!"
"I want Lin Chuyue to personally destroy the Lin family!"
-
(To be continued)