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Chapter 230 Share Reduction Plan

Huijia Holdings has a low reputation, but it is only for ordinary people.

Currently, Huijia Holdings holds shares in three listed companies in China, namely Xite Electric, Xijiang Hezhong and Shengyi Electronics. This is not a secret and anyone who is interested can check it through public information.

Since Hu Yang is not short of money, it is impossible to sell the shares of Huijia Holdings. No one will share the "golden rice bowl" in his hands with others.

It seems that the other party is coming with bad intentions.

The next day, Hu Yang did not rush back to Yangcheng immediately. After breakfast, he stayed at the villa and made a few phone calls to find out about the background of Ankang Insurance.

However, the feedback he received made him very dissatisfied. The ownership structure of Ankang Insurance was extremely complex, and even after asking for a long time, he could not figure out who the actual controller of the company was.

Needless to say, the real boss must be hiding behind the scenes, and those who appear at the front desk are nothing more than some agents.

"What do they want?"

This company is a bit mysterious. At first Hu Yang thought that the other party wanted to share his profits. After all, Huijia Holdings is a very profitable company.

But through the analysis of the existing information, it seems that it is not as simple as just for the apparent wealth.

"Huijia Holdings actually has nothing except various equity holdings and cash flow. I guess this insurance fund is probably to lend my hand to control another company."

Hu Yang thought about it and felt that someone was interested in the equity interests of the companies held by Huijia Holdings. Xijiang Hezhong? Xite Electric? Or Shengyi Electronics?

There is another possibility, that is, the other party is interested in a company that is not a listed company at all.

At present, the unlisted companies in which Huijia Holdings holds shares include Xentong International, Universal Laser, Mingkang Communications, and the newly established Xueling Food, etc.

To be honest, even if he wanted to select the other party's real target from these companies, it would be very difficult.

However, since the other party will not give up, their true purpose will be exposed sooner or later.

"Hmph, do you really think that I, Populus euphratica, is a soft persimmon? It's not that easy to annex me. Sooner or later, you will lose a few of your front teeth."

Hu Yang didn't know what methods the opponent would use, but if the soldiers came to block it and the water came to cover it, it was no big deal.

After returning to Yangcheng, several days passed, but there was no follow-up to this incident, as if nothing had happened.

"Mr. Mu, I think the company's business is somewhat hollowed out. Can we continue to increase investment in Xueling Food?"

The current problem of Huijia Holdings is that its investments are very scattered. Except for Xueling Food, there is no company that it can control.

This resulted in the company being very strong but weak in influence, so Hu Yang wanted to make up for this shortcoming as soon as possible.

"There is no problem in continuing to invest more, but the sales of the company's products have not yet opened up. If we increase capital and expand shares now, it will easily lead to precipitation and waste of funds."

Mu Shaoqing said it very euphemistically, but the core meaning was that he did not agree with the immediate increase in investment in Xueling Food.

"Sales are another matter, but if you want to expand production scale, you must sign a tomato purchase contract in advance, otherwise it will be difficult to supply raw materials next year. What I mean is that there is no need to overly consider the efficiency of capital utilization. First, increase production capacity.

Let’s talk about it later.”

Populus euphratica considers the problem not only from the perspective of economic interests, but also includes other aspects.

After all, a project with an investment of tens of millions is very different from a project with an investment of hundreds of millions, and the attention it receives is also different.

Mu Shaoqing understood the boss's intention and immediately went to deal with the matter.

Fortunately, the shareholder composition of Xueling Food is not very complicated. When the investment agreement was signed, there was room for additional investment, so this matter is not difficult to handle.

"Mr. Hu, there is a report in Financial Weekly today about our company."

After Mu Shaoqing left the office, Xia Bing knocked on the door and came in, bringing a magazine to Hu Yang.

Hu Yang quickly picked it up and flipped through it. Xia Bing had already marked the article. He saw the title of the article at a glance, "The "Huijia Series" - Another Capital Crocodile Emerged."

The content of the article is specious, but the fact that it holds equity interests in three listed companies is true. The article uses a lot of vague language, which can easily make people think that Huijia Holdings wants to take over the secondary market and control the market.

The outstanding shares of the three companies.

In recent years, all kinds of stock commentators and analysts have become popular, and many retail investors believe this.

Hu Yang knew that the person who wrote the article was just a hotshot, and it was difficult to find fault with the other person in such articles.

But the intentions of the people behind the scenes are very intriguing. Do they want to label Huijia Holdings as a "manager"?

“Mr.

Hu Yang has never thought about calling the shots in the secondary market. He doesn't like the model of controlling the market and sitting in the bank. Few of these so-called bankers will end well in the future.

"Okay, I will contact a newspaper and a journal immediately and disclose the information in the form of an interview."

This is not the era of the future network. There is no need to work too hard to solve the problem. Appropriate clarification will suffice.

Within two days, Director Kang of the Fund and Securities Department came to Hu Yang to report that all three stocks of Xijiang Hezhong, Xite Electric and Shengyi Electronics had soared.

"Mr. Hu, after the market opened today, Xite Electric Co., Ltd. was the first to close its daily limit, followed by Xijiang Hezhong and Shengyi Electronics. I think it has a lot to do with that article."

The company's middle and senior management held a special meeting to study the article in Financial Weekly. Everyone was prepared for any negative effects. However, when it came to the securities market, it was regarded as a good thing by investors. I was really speechless.

"Keep staring. Also, what is the share price of Xijiang Hezhong now?"

Hu Yang doesn’t understand either, but places like the stock market are never unreasonable. Countless junk stocks are flying into the sky. How many people can tell you about the value of investment?

"Xijiang Hezhong is on the daily limit board today, and the price is 13.16 yuan."

Minister Kang has not forgotten his responsibilities. He must keep an eye on Xijiang and the crowd every day when the market opens.

"Well, if the price exceeds 15 yuan, you can notify me again, and you should follow the original plan and be prepared to reduce your holdings."

Hu Yang will not change his original plan because of this unexpected episode. When running a business, he will encounter any storms and waves, so he does not have to be timid all the time.

After Minister Kang left, Hu Yang called Yu Hongbo and asked him to analyze the stock trends of these three companies to see if there was anything worth paying attention to.

Soon, news came back from Yu Hongbo, saying that there should be big funds lurking in the three stocks of Xijiang Hezhong, Xite Electric and Shengyi Electronics.

After putting down the phone, Hu Yang remembered a past event.

That time when there was money to speculate on Xite Electric, it was when Huang Xinpei was planning to allocate shares to raise funds. Hu Yang and Pang Qianli secretly made a wonderful cooperation and trapped the banker.

"Could it be that the big money that was used to speculate on Seat Electrician last time belonged to Ankang Insurance?"

The more Hu Yang thought about it, the more likely it seemed that the other party wanted to invest in Huijia Holdings, thereby indirectly affecting the three listed companies and allowing them to profit from the huge funds lurking in the stock market.

Hu Yang rejected the other party's request for equity participation, so they concocted the article and began to forcefully push up the stock price using true and false news.

However, Hu Yang felt that he still had to take another look. He always felt that he could not see clearly on this matter.

Since the Asian financial turmoil, especially this year, the domestic stock market has not been doing well. The three stocks of Xite Electric, Xijiang Hezhong and Shengyi Electronics have bucked the market trend and risen together, attracting a lot of funds to follow suit.

The most incomprehensible thing is that Huijia Holdings clearly released clarification information through the media, but not only did investors not buy it, but they became even more convinced that these stocks would definitely rise sharply.

Seeing the daily limit one after another, Xite Electric's stock price has exceeded 30 yuan and is heading towards 35 yuan, while Xijiang Hezhong's stock price has also exceeded 18 yuan.

Among the three stocks, Shengyi Electronics is relatively stable. After two daily limits, the stock price has not moved much.

Hu Yang ordered the fund and securities department to immediately start selling Xijiang Hezhong's stocks.

After the first sell order was completed, Hu Yang asked Pei Yunfang to contact Xijiang Hezhong and ask the other party to report Huijia Holdings' plan to reduce its holdings to the exchange.

The increase or decrease in shareholdings of major shareholders of a listed company must be reported to the exchange after the first transaction is completed, and then there will be a filing.

At the same time, there are many restrictions on the behavior of major shareholders in increasing or reducing their holdings. For example, they are not allowed to carry out operations within one month before the listed company releases a report on major events. After the completion of the plan to increase or reduce holdings, no countermeasures can be carried out within six months.

To operate and so on.

Huijia Holdings has now sold all or part of Xijiang Hezhong's shares, and is not allowed to buy them back within six months.

However, Hu Yang does not need to consider this issue, because he plans to completely reduce his holdings.

Huijia Holdings holds 10,000 shares of Xijiang Hezhong, accounting for 15.61% of the shares. When Hu Yang issued a sell order, Xijiang Hezhong’s stock price instantly increased by 23 yuan, and then began to fluctuate violently.

This is actually because the selling pressure is too heavy and the stock price cannot rise.

"Mr. Hu, all Xijiang and Zhongwan shares held by the company have been reduced. The average price of the reduction was 17.38 yuan. After deducting various expenses, a total of 635 million yuan was withdrawn."

Minister Kang reported the results of the reduction to Hu Yang, which was better than Hu Yang expected.

“What is Xijiang Hezhong’s stock price today?”

"The current share price of Xijiang Hezhong is around 14 yuan, and it is likely to fall further."
Chapter completed!
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