Chapter 537 Revenge of the Guo Family (1)
The Guo family can naturally see this crisis. However, to solve this situation, there must be a lot of funds. However, these are what the Guo family lacks the most. In order to get rid of the current predicament, the Guo family had to reduce the price of the jewelry in their hands to below the cost line.
As soon as the price of jewelry was reduced, it really worked. After all, no one in this world would be unable to get along with money, and after passing through this village, there would be no store. For a moment, a large number of customers flocked to the Guo Jewelry Store. This time, Fang Yichen did not use the price reduction to fight, but just watched all this happen silently. Anyway, Guo was losing money, so Fang Yichen was so happy.
In just five days, Guo's inventory was swept away. Although Guo lost a lot of money during this price reduction, he finally had some cash. As long as he had liquidity and stabilized the stock market, the danger could naturally be lifted. After so many years of jewelry management, Guo's family had some old foundation. After the stock market stabilized, he would naturally get back on track. Guo did not believe that Fang Yichen would always fight against him at a low price. They felt that the other party could not support this.
Just when the Guo family was relieved, someone suddenly began to sell the shares of Guo Group in large quantities. In order to stabilize the stock market, the Guo family had to invest the funds they had just obtained into the stock market. However, even though the Guo family invested all the funds into the stock market, when the market closed that day, the Guo Group's stock still hit the limit.
Stock investors are fence-bearing, and if they are beneficial, they will naturally retreat. If they are not beneficial, they will naturally retreat. If the stock market hits the limit, investors naturally want to withdraw as soon as possible to minimize the losses. All investors are waiting and waiting for the market to open, and immediately take off the stocks in their hands. Even if someone still waits and sees, there are very few.
As soon as the market opened the next day, the stock of Guo Group began to plummet. Just one hour after the market opened, the stock of Guo Group hit the limit again. However, at this moment, the Guo family was powerless to turn the situation back and could not stop all of this from happening. At this time, even those investors who were waiting and watching decided to give up.
At the opening of the third day, a large number of people began to sell outdated group stocks. Although they could not keep up with the previous scale, at noon, the Guo Group's stock still hit the limit. At this time, the Guo Group's stock price had fallen to the lowest point in history. Even insiders of the Guo family began to secretly plan to transfer their stocks.
If a man does not care for himself, he will be punished by heaven and earth. If the Guo Group declares bankruptcy, the stocks in his hand can only be turned into a piece of waste paper. Although he has lost a lot, it is better than nothing at all. But now the Guo Group's stocks are a hot potato, who is willing to take over?
Fortunately, there is no way out. At this time, someone suddenly started to acquire shares of Guo Group. Although the purchase price was half lower than the limit price, these people still couldn't wait to sell the shares. Except for the shares in the hands of Guo Feng and his son, the rest of the shares in the hands of all the people in the Guo family were sold.
The Guo family is a big family, accounting for 50% of the shares of the Guo group. The remaining 50% of the shares are all circulated in the stock market. The shares in the hands of the Guo father and son are 20% in total. The remaining 30% are in the hands of the other people in the family.
The 30% of the shares in the hands of these family members were naturally secretly sent by Fang Yichen to acquire them. In addition to the shares acquired two days ago, the shares in Fang Yichen's hands have reached 80%. Moreover, these shares were all acquired by Fang Yichen at the lowest price.
The rise and fall of Guo Group's stocks are naturally controlled by Fang Yichen behind the scenes. With the two trillion US dollars obtained from the auction, Fang Yichen naturally has this capital. When Fang Yichen sold, he rose to the daily limit. Fang Yichen also made a big profit in this process of buying and selling. Now, the stocks in Fang Yichen's hands are almost the same as their income, and he did not use the 2 trillion ounce. Not only that, he was still a little rich in the end.
On the fourth day, the stock market opened, and the stock of Guo Group finally returned to stability. However, the stock price at this time had shrunk to one-fifth of the original. The stocks in the hands of Guo’s father and son were originally worth one billion Hong Kong dollars, but now they are only worth 200 million Hong Kong dollars. I am afraid that only the father and son knew the pain in their hearts best.
Although I felt a little distressed, the Guo father and son finally breathed a sigh of relief. Although the losses were relatively large, the Guo Group was at least protected. As long as the Guo Group was still in its own hands, everything had hope of recovery. The most urgent task was to hold a shareholders' meeting to appease the emotions of the major shareholders. If these people do anything at this time, it would be really irreversible.
When meetings are held, Guo Gang (Guo Feng's father) always comes late. But today, Guo Gang waited early in the conference room. After waiting for two hours, the other "shareholders" arrived one after another. It's not their fault. Now that they have no shares in their hands, they are not considered shareholders at all. But due to their affection, they can only come over with a tough slogan.
"Dear shareholders, I think everyone knows that in recent days, our Guo Group has ushered in the biggest crisis in history. But now I want to tell you that the most difficult time has passed. From now on, it is time for us to start to regain our might." Seeing that everyone was here, Guo Gang stood up and tidied up his suit, cleared his throat and said.
In the past, as long as he spoke, it would inevitably lead to a lot of consent. But today after he finished speaking, the audience was silent. The gap between the two sides made Guo Gang feel a little desolate. But now if he wants to revive the Guo Group, he must rely on the support and help of these people. Even if he is dissatisfied, Guo Gang can only hold back.
"Don't be so pessimistic. The current difficulties are only temporary. I have chosen to make a plan, so why not listen to it first. First, each of our major shareholders injects a sum of money into the company and bring back the stock price first. As long as the shareholders are given confidence again, the crisis will naturally be lifted. In addition, we use the company's fixed assets as collateral to apply for loans from the bank. We use this money to add a batch of goods, so that the company will enter the formality again." Resisting the anger in his heart, Guo Gang explained patiently to everyone.
When they heard Guo Gang's words, the major "shareholders" looked at me, and I looked at you, and they didn't know what to say for a moment. Now they have no stocks in their hands, they are not worthy of their name, and they have no right to speak. At this time, wouldn't they be mentally ill?
"No, I don't agree." Just as everyone didn't know how to answer Guo Gang, the door of the conference room was suddenly pushed open. A handsome man in a suit and tie walked into the conference room and said coldly. This person was none other than Fang Yichen.
"Who are you? Who asked you to come in?" Suddenly being disturbed by a stranger, Guo Gang roared at Fang Yichen with anger on his face.
"Where is the security guard? Tell me this person out." Seeing Fang Yichen just staring at him with a smile, treating his words completely like a wind in his ears. Guo Gang frowned and shouted outside the conference room.
"I'm sorry, I'm afraid you don't have this right now. Now that you really have a board meeting, how can you lack me as the chairman?" Seeing Guo Gang's furious look, Fang Yichen walked forward, shook his head and said slowly. Along the way, Fang Yichen kept knocking on the backs of the major shareholders with his right hand, as if reminding something.
Feeling Fang Yichen's actions, the shareholders couldn't help but tremble. At this time, they didn't understand that the young man in front of them was the mysterious person who bought their shares. No matter how stupid they were, they understood that all this was a trap.
"Haha..., joke, are you the chairman? I said, you didn't run out of the mental hospital, right? I warn you, if you make a fuss here again, I will call the police." Hearing Fang Yichen's words, Guo Gang seemed to have heard the biggest joke in the world. He looked at Fang Yichen with a sarcastic look on his face, warning.
Who in Hong Kong doesn’t know that he is the chairman of the Guo Group? Now that the Guo Group is in trouble, anyone dares to step on it. You must know that he has 20% of the shares in his hands, and his waist is very strong. Wait, shares? At this moment, Guo Gang felt something was wrong.
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Chapter completed!