111: Chapter 107: To Flare Up at Once and Breathe Freely 111: Chapter 107: To Flare Up at Once and Breathe Freely The next morning, Monday, as Ye Fan entered the office, he imdiately felt the gazes of Yang Yongxi, Xie Junru, and others all lifting to look at him.
“Hehe, Ye Fan, good morning,” Xie Junru and Zhang Liping greeted him proactively.
Last Friday night, whether it was the singing or the one-against-ten fists, both won’s fondness for Ye Fan had greatly increased.
Ye Fan smiled and nodded, “Mm, good morning to you too.”
Although Yang Yongxi and Sun Dongwen were sowhat jealous that Ye Fan had caught Xie Junru’s special attention, they had been truly shaken by Ye Fan’s one-against-ten montum that night and couldn’t help but admit defeat inwardly.
Fortunately, they knew that Ye Fan had Lu Xiaoman, so their pursuit of Xie Junru was temporarily safe.
“Ye Fan, morning,” Yang Yongxi and Sun Dongwen also took the initiative to say hello.
“Mm, morning,” Ye Fan responded with a smile and a nod.
Sitting down at his own desk, he felt rather pleased inside; this ant that he had officially integrated into this office.
Turning on his computer, Ye Fan opened the web page and checked the stock of Emali Group.
It was only nine o’clock; the stock market hadn’t officially opened yet.
He looked at the closing price of Emali Group’s stock from last Friday and found that it had basically hit the limit down but had slightly rebounded a little.
This was as expected.
Although he had invested three hundred million, with the help of Robert Laurenson, a gold dal manipulator from Arican Wall Street, who utilized off-exchange fourfold leveraged financing to bash Emali Group’s stock, this wasn’t purely short selling but rather a better way to hold shares of Emali Group.
Purely from an operational perspective, it was a failed short sale, as Ye Fan was “trapped” and lost almost one hundred and fifty million, a classic example of a stock trader turning into a shareholder through a failed maneuver.
Moreover, on Thursday and Friday, Li Zhaojun actively intervened to stabilize the market, not only extracting one hundred million in cash from Emali Group’s capital chain to repurchase shares but also investing over one hundred million of her own money.
Without the malicious short sellers anymore, and with Li Zhaojun actively stabilizing the market, the majority of Emali Group’s circulating stock was concentrated in the hands of Ye Fan, Li Zhaojun, and Emali Group itself, making it impossible for the stock to fall any further.
Then, ten minutes later, at the top-floor boardroom of Emali Group’s headquarters.
Dressed in a businesslike OL suit, Li Zhaojun sat on the chairman’s platform, full of energy, glowing, and peerlessly beautiful, causing all the n present to feel unable to look at her directly.
“This is Mr.
Xu Youwen, the Deputy General Manager of Huachang Investnt Fund,” she introduced to all the directors and shareholders present, indicating a middle-aged man with glasses sitting to her right.
“Huachang Venture Capital?!” All the directors and shareholders at the eting were greatly surprised, buzzing among themselves as if seeing hope.
Xu Youwen stood up, bowed slightly with courtesy to everyone present, and smiled, “Ladies and gentlen, directors and shareholders of Emali Group, my na is Xu Youwen, and I am very pleased to attend this eting.”
Everyone began to greet Xu Youwen with an abundance of voices.
Only Gong Yongfu and Sun Yuan did not look very good; they couldn’t help but curse Li Zhaojun internally for her despicableness.
It turned out that at the ergency board of directors’ eting on Thursday, Li Zhaojun had proposed that shareholders buy back shares with their own money to stabilize the stock price; Gong Yongfu and Sun Yuan, the second and third largest shareholders, had not spent a penny to repurchase shares.
Li Zhaojun, at the lowest point of the stock price, not only repurchased a large number of publicly traded shares but also acquired the shares of several small and dium-sized shareholders who had fled, securing control of over fifty percent of the stock.
Now, Li Zhaojun had returned to an absolute position of strength on the board of directors and shareholders of the Emali Group.
Therefore, Gong Yongfu and Sun Yuan could foresee that they would be marginalized, or even kicked out of the managent team.
After Xu Youwen settled back into his chair, Li Zhaojun raised her hand in a silencing gesture, and everyone imdiately quieted down.
Li Zhaojun then said, “The Huachang Investnt Fund is quite optimistic about our Emali Group, especially our group’s upcoming Biodical new project, and has decided to invest one and a half billion yuan to support the new Biodical project…”
At this, all the shareholder directors excitedly exclaid.
This was undoubtedly a piece of fantastic news.
Once this news was released to the public, the stock price would surely skyrocket, and it would be impossible to settle down without experiencing five or six consecutive trading halts.
Li Zhaojun’s beautiful face remained calm, her sharp gaze sweeping over Gong Yongfu and Sun Yuan, while the corner of her mouth curled into a smile of arrogant confidence.
After a mont, she used the microphone to quieten everyone down.
She continued, “The one and a half billion will be invested according to the progress of the first and second phases of the new Biodical project, with five hundred million invested in the first phase and one billion in the second.
And Huachang Investnt Fund will gain a oneti ownership of twenty percent of our group’s shares.”
She paused, then picked up a stack of docunts that had just been printed on A4 white paper from the table and held them up for everyone to see, saying, “This is the draft cooperation agreent with Huachang Investnt Fund.
I ask everyone present to take it back and read it carefully, and if you have any questions, you can co to directly.
We will have a concentrated discussion on Thursday morning and vote on Friday afternoon.”
“Siyan, distribute the docunts,” she turned her head to her secretary, Wang Siyan, who was standing behind her.
Wang Siyan imdiately stepped forward to take the docunts and then distributed them to the other directors and shareholders.
Li Zhaojun watched everyone, her extrely beautiful face stern and unapproachable, with a hint of a cold smile on the sensual corner of her mouth.
The draft cooperation agreent did not detail all the agreents; there was also a private agreent between her and Huachang Investnt Fund.
Once Huachang Investnt Fund successfully entered the Emali Group and beca its second-largest shareholder, it would support her decision to issue twenty million new shares to the stock market, which accounted for about five percent of the total shares, to raise funds to replenish the one billion withdrawn from the capital chain last Thursday, with the remaining money to be invested in the new Biodical project.
After such a twofold dilution, the shares held by Gong Yongfu and Sun Yuan would be greatly reduced in weight and beco insignificant.
Next, she planned to join forces with Huachang Investnt Fund to kick Gong Yongfu and Sun Yuan out of the Emali Group’s managent, leaving them only to receive shareholder dividends.
But that was not Li Zhaojun’s ultimate goal.
She also planned to work with Huachang Investnt Fund to use the concentrated funds for the developnt of the Biodical project as an excuse to decide that the group’s shareholders would not receive dividends for the next two years.
After being kicked out of the managent, Gong Yongfu and Sun Yuan would have no work inco, their shares would have no dividends, and they would watch as their shares were continuously diluted and devalued, likely forcing them to begrudgingly transfer their shares and leave the Emali Group within a year.
“Was Huachang Investnt Fund’s tily assistance on his orders, or his mother’s instructions?” Li Zhaojun suddenly pondered.
That “he” naturally referred to Ye Fan.
In her interactions with Huachang Investnt Fund, she had already keenly sensed that their approach for partnership was not rely a business move.
(Regarding updates for this novel, for now, there will be two updates per day.
Clearly, this update frequency is not satisfactory, so starting the day after tomorrow, we will speed up the updates to at least three.
Thank you for your support.)
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