Chapter 297
Comeback in one fell swoop
The next day, Xintong International issued an announcement for shareholders to increase their shareholdings. According to the shareholding increase plan promised by each shareholder, the first phase of increased shares will reach 10% of the company's total share capital.
This announcement somewhat boosted investors' confidence. After the announcement, the stock price rose a bit.
By the time Hu Yang completed the first phase of its shareholding increase plan of 5%, the company's stock price had reached 1.60 yuan.
"Lao Yu, please stop for now and wait and see what happens next."
Populus euphratica invests funds to protect the market, not to make profits. Since the current stock price is far away from the warning line, it may be worth observing for a while.
This time Hu Yang bought Xintong International shares at an average price of 1.24 yuan, with a cumulative investment of HK$800 million. Huijia International Investment (Deep Sea) Company's shareholding in Xintong International became 31.25%.
In addition, Huijia Holdings also holds 4.218% of Xintong International's shares, which means that Hu Yang holds a total of 35.468% of Xintong International's shares.
For the next half month, Xintong International's stock price has been floating between 1.4 yuan and 1.8 yuan. The scene that Zeng Ruhai was waiting for the stock price to fall below 1 yuan again has never come.
"Director Zeng, the number of shares we have replenished is still too small. After looking at it for half a month, it seems difficult for Xintong International's stock price to fall to one yuan again."
"Well, there's no rush, right? Xentong International is holding on strong, and its stock price will collapse."
While the Zeng family was still discussing whether to continue to make up for it, Xentong International finally perfected the new process technology, and then the company announced the official launch of mass production.
Then... there was no more. Xintong International's stock price rushed to 1.86 yuan that day, and reached 2 yuan again the next day.
"Replenish, quickly replenish."
Only then did Zeng Ruhai realize that he had made a big mistake. He had calculated everything but failed to predict that CoreComm International could make a breakthrough in the most difficult technology.
The new process technology represents the company's rapid progress. It not only ensures future profit sources, but also shows that Xentong International has greatly improved its ability to withstand pressure in the infringement case with Taipower.
The Zeng family began to increase their efforts to buy Xintong International's shares. Not long after, the company's stock price reached 2.6 yuan.
After a careful inventory, the Zeng family invested a huge amount of money this time and barely made much profit. If the cost of securities lending and the cost of capital were also included, Zeng Ruhai might have worked in vain again.
This incident shocked Taipower the most.
They couldn't imagine that Xentong International would be able to come up with a process technology that can be mass-produced in such a short period of time.
"This is impossible. Zhang Rulin and others must have stolen our technology. Hum, when their new products come out, I will definitely find evidence of their infringement."
Almost no one in Taipower's senior management believes that Xentong International can successfully develop a new generation of process technology. What these people say most is that Zhang Rulin must have copied us again...
When the products produced by Xintong International using new processes were placed in front of all Taipower's technical directors, they fell silent.
"Ahem, it's unbelievable. Their new process actually adopts a brand-new technical route. It has nothing to do with us. Even if we want to file a lawsuit, there is nothing we can do."
Although they are unwilling to accept it, the fact is the fact. The conclusion reached after many layers of analysis makes everyone at Taipower feel a little frustrated.
"Hmph, Zhang Rulin escaped another disaster this time. In fact, although their new technology has escaped our influence, technically speaking, it is still two generations behind our Taipower. So, colleagues, don't be upset. Chip
If Tong International wants to catch up with us, it will take at least twenty years."
Taipower's top management knew that this was a once-in-a-lifetime opportunity to defeat their opponents, but their helplessness had disappeared. Instead of letting everyone fall into a strange mood, it would be better to encourage everyone to work hard.
Secretly, Taipower notified its lawyers in Xiangjiang that they could lower some of the negotiation conditions with Xentong International. If possible, they should reach an out-of-court settlement agreement with the other party as soon as possible.
After Hu Yang learned the news, he sneered: Taipower was so kind and took the initiative to lower the conditions? To put it bluntly, there was a subtle change in the balance of strength between the two parties.
Before leaving Hong Kong, Hu Yang transferred the remaining 7 billion Hong Kong dollars back to his bank account. He estimated that he might not be able to use the funds for the time being, but he did not convert them into US dollars. If necessary, he would convert them into Hong Kong dollars.
What a hassle.
"Haha, brother Hu, I've also heard about your showdown with the Zeng family in Xiangjiang. It's awesome! Zeng Ruhai still wants to beat you in the securities market. Isn't that a dream? He has forgotten that the Zeng family has already been with you before.
Have you ever suffered a big loss?"
Chen Jialin soon learned about the offensive and defensive battle of Xintong International's stocks over this period of time, and he was very happy.
He and the Zeng family have now become mortal enemies, and of course he is not afraid of others saying that he takes pleasure in others' misfortunes.
"Mr. Chen, things are far more complicated than you think. I was actually not sure of winning this time. I originally wanted to fight for my life. However, Dr. Zhang and his team were really awesome and came up with something at the critical moment.
Convincing results. And this is the reason why I beat the Zeng family."
Hu Yang shook his head. Only he knew that winning the duel with the Zeng family was a bit of a fluke.
Previously, he had fully prepared 7.8 billion Hong Kong dollars in funds. If it really got out of hand, he would invest it all without considering the issue of pros and cons.
"Hey, you still have the courage. How about, after this confrontation, Taipower's attitude has softened a bit?"
Chen Jialin admires Hu Yang's courage to risk everything, and even more admires his courage to collide with industry giants.
"Softening? It's impossible to talk about it. It just lowered part of the asking price. They are now proposing that as long as CoreCom International compensates 100 million Hong Kong dollars, 5% of CoreCom International's equity, and Zhang Rulin resigns immediately, they are willing to reach an out-of-court settlement."
Hu Yang sneered, even if the asking price was lowered, he would not agree to it. At worst, it would just go on like this and wait for the court's decision. You can appeal after the decision. In this way, a few years will pass by.
Time is more important to Xentong International.
"Hey, there is still a gap in technical strength. One day, Xentong International catches up with Taipower, will they still dare to negotiate terms so unscrupulously? By the way, the small project you introduced before is already in full swing.
It has been put into trial production, and so far, the effect far exceeds my expectations.”
What Chen Jialin is talking about is the connector project. This small product is widely used in the production process of electronic products. It can not only reduce costs but also improve production efficiency.
"Yes, there are some inconspicuous little things that are of great use. Mr. Chen, I may have to go to the Magic City soon. You should take the time to keep an eye on Zeng Xiangqi's case. You must not hand him over to Xiangjiang."
Populus euphratica and the Zeng family have also become sworn enemies. There are coincidences and inevitabilities, but no matter what, at this point, the "mad dog" Zeng Xiangqi must not be let go.
Chen Jialin nodded, Hu Yang had the same idea as him.
Yangcheng, in a villa that occupies a large area.
The general manager of Ankang Insurance, An Zhizhi, was reporting to the boss behind him.
"Boss, after receiving financial assistance from the outside world, the company's situation has improved to a great extent in all aspects. I am currently applying for a new insurance product from the above. If I can get approval, the company will be able to get rid of the decline immediately.
This will then bring about a new round of great development.”
An knew that after such a long period of hard work, Ankang Insurance was finally relieved, so he quickly expressed his merit in front of his boss.
"Thank you for your hard work. I also know that these days are not easy for you. Of course, getting the support of Taipower and Mingji Holdings Group is the key to getting rid of our financial difficulties. What you told me about the second son of the Zeng family last time,
I have already found someone to take care of it. However, it is really difficult to hand over Zeng Xiangqi to Xiangjiang. You can tell Director Zeng later and I will do my best."
The boss didn't say something out loud. He encountered a lot of resistance in the process of handling this matter. If he wanted to push for it, there was still hope that it could be done. However, he has been thinking about it these days.
Is it worth it?
Helping Zeng Xiangqi would offend many people and even affect his future.
He also understood clearly that Zeng Xiangqi hired someone to injure a well-known entrepreneur. The crime would not be very serious, only three to seven years. Over in Xiangjiang, Zeng Xiangqi was suspected of an injury resulting in death case and might be handed over.
The sentence is more severe.
But he couldn't say this, otherwise he would offend Zeng Ruhai.
An Zhizhi was very familiar with the boss's style and knew that the boss was a bit wavering, so he said: "Boss, if you help the Zeng family this time, they will definitely stand in the same trench with us in the future. A mere Zeng Xiangqi may not be a big deal.
But the Zeng family’s face cannot be ignored. Therefore, everyone in the Zeng family attaches great importance to this matter."
The boss pondered for a while before making up his mind: "Okay, I'll work harder. You ask Mr. Zeng to wait for my news and don't be too anxious."
...
Of course Hu Yang did not know what the Zeng family and An Zhizhi and others were doing secretly. The reason why he repeatedly reminded Chen Jialin was that he simply did not want Zeng Xiangqi to escape punishment.
Yes, he doesn’t believe in the so-called “rule of law society” in Xiangjiang at all.
How many evil crimes has Zeng Xiangqi committed in the past? Countless, but he has never been punished. The Zeng family has plenty of money. They can hire barristers, bribe witnesses, and even bribe victims.
Every time Zeng Xiangqi was convicted, he would be released on bail quickly, and then the big thing would be reduced to a trivial matter.
Transferring Zeng Xiangqi to Xiangjiang for trial? What is the difference between that and letting him go?
Therefore, Hu Yangcai repeatedly reminded Chen Jialin that Chen Jialin must be tried in the mainland so that the mad dog can get the sanctions he deserves.
Chapter completed!