But if that happens, the six hundred billion the Wang Family owes Tianyuan Military Industry, along with the two or three hundred billion just borrowed, cannot be repaid.
Even if the Wang Family pays the penalty in full, they will still fall into slavery due to their debts.
"Uncle, I know what's going on with those additional sell orders now."
Wang Dingyuan: "Speak!"
"Ren Zhong found a private equity firm outside to secretly absorb the stocks he himself shorted, then sell them at a lower price! Then he buys them again, sells them again! His holdings never exceeded 5%, so he just kept manipulating this 5%! That's why it's not visible in public disclosures! He's disguised himself as a retail investor panicking due to the stock analysis by Huang the Stock Immortal and himself. He's creating panic, stirring up emotions!"
"He's crazy! He's losing tens to hundreds of billions every minute doing this!"
"Uncle, that's exactly what he's doing; he's trying to crush us with money."
"Scoundrel!" Wang Dingyuan gritted his teeth and turned to the Director of the Technology Departnt of Tianyuan Military Industry, "Imdiately announce the new positioning technology based on the Ghost Particle Communicator!"
"What! Chairman, but this technology isn't fully mature yet!"
Wang Dingyuan waved his hand, "We can't wait any longer."
This so-called new positioning technology primarily uses the Ghost Particle Communicator in space to assist in the targeting of matrix warship cannons, covering an area of over a hundred million kiloters.
If the technology is successfully developed, with the real-ti transmission capability of ghost particles, the targeting ti for cannons on such long-distance targets can be reduced to 0.5 seconds.
This is a very practical technology in space warfare, providing Source Star's Space Army with ultra-precise, long-range rapid strike capabilities.
Tianyuan Military Industry has been secretly developing it and considers it a major driver for corporate growth.
Of course, the research and developnt difficulty is also very high.
Tianyuan Military Industry has been investing for over ten years, and it's still in the theoretical stage, with the first experintal prototype yet to be produced.
Announcing it early might result in two outcos.
One is attracting the attention of the Promotion Association, which is bound to be interested in this technology, prompting Ying Hao, who sold out his gang, to diate personally.
But at the sa ti, it may expose the research difficulties of the technology and the expectation of failure in developnt, which could lead to annihilation for Tianyuan Military Industry.
Wang Dingyuan started to gamble with his life.
On the other hand, although Ren Zhong was losing money rapidly with his aggressive moves, he remained calm and composed.
Anyway, earning money was easy for him; money to him was just a number, not his life.
In the past, he always ridiculed the Source Star stock market rules for being bloodthirsty, with too fast trading frequencies and no restrictions on buying or selling, leading to the market being devouring yet skinless.
But when he was also recklessly burning money to slam the market, with a brutal strategy of selling and buying, and then selling and buying again in an infinite loop, he felt that this spiral acceleration chanism was truly an extraordinary tool.
Ren Zhong believed that now the only choice before Wang Dingyuan was to decisively sell all 35% of his shares and gamble on whether it could be sold for over 170 billion.
Then the Wang Family would have 350 billion, and a chance to settle the 300 billion penalty as well as another nearly 30 billion loan.
Although the Wang Family would lose Tianyuan Military Industry, they could at least save their lives and maintain their citizen status. Even if they fell into slavery due to bankruptcy and debt, at least they would be citizens.
But Ren Zhong knew very well that Wang Dingyuan would not make such a choice.
He would certainly want to fight once more.
And, as expected, Ren Zhong saw the "new technology" announced by Tianyuan Military Industry.
Ren Zhong imdiately stopped his spiral market operations and began to wait for communication.
Soon enough, Ying Hao contacted Ren Zhong again.
"Stop now, Ren Zhong. This positioning technology is important to . Alson Comrcial Bank has also agreed to Wang Family's third pledge loan application. They exchanged 35% of their shares for 250 billion. Now the Wang Family is about to receive a cash flow of 430 billion. With one more round of your short-selling strategy, the stocks will be entirely absorbed by them."
"The Wang Family has completely lost control of Tianyuan Military Industry and will now live carrying a total debt of over 500 billion. The interest on the capital will tornt them unbearably. The Chongyi Wang Family has been officially delisted, and they'll only be able to work as employees for the bank and for . Enough already."
Ren Zhong's fingers gently tapped on the table.
After ten seconds of silence, Ren Zhong smiled remotely, "Since it's a request from the Chairman, I certainly cannot refuse."
"Alright, that's good."
With the communication ended, Ren Zhong clenched his fist slightly.
This ti, I made a mistake. I didn't anticipate the Wang Family had this new positioning technology as their trump card.
This trump card decisively settled the matter.
Of course, Ren Zhong couldn't be blad for the error.
Previously, the information that Tianyuan Military Industry revealed showed they were indeed developing this positioning technology, but the specific details were not disclosed; neither Ren Zhong nor Ying Hao expected the technology to be so disruptive.
In space warfare, the precision and power of the cannon are equally important.
Ren Zhong sighed slightly.
What a pity, just one step away from completely wiping out the Wang Family, leaving them with one breath.
But that's okay, your trump card has been exposed, next ti for sure.
[Monthly Ticket][Recomndation Ticket]
User Comments
0 comments from readers