Chapter 186-1: Something horrible happened
Xu Zhihong’s arrival made Yang Chen wonder what on earth Lin Ruoxi was actually thinking, while Mo Qianni had an expression which implied “I don’t know anything,” which made Yang Chen feel vexed inside.
It had to be known that yesterday night, Lin Ruoxi had just signed an alliance with the two companies to deal with the Xu Family’s Donghua Science and Technology. Xu Zhihong was basically an enemy through and through, so why did she make plans for her enemy to come here for breakfast with her?
“Mr. Yang, are you puzzled?” Xu Zhihong sincerely laughed.
Just like before, Yang Chen didn’t like the expression of this man, rolling his eyes he said, “I am puzzled, but I don’t need you to tell me the answer.”
Xu Zhihong laughed, and spoke no more.
Lin Ruoxi and Mo Qianni exchanged glances, they could see how displeased Yang Chen was, and slightly smiled because of it.
It was at this moment that Ruoxi’s assistant, Wu Yue, hurried over with a laptop in her hands. She reported to Lin Ruoxi, “Boss Lin, five minutes ago, after Changlin Media had confirmed that we have transferred five billion in funds, they also transferred five billion. Adding on the two billion which the Muyun Corporation had already put in last night, the shared Swiss bank account is now properly filled by all parties involved.”
“Has Changlin’s financial status been verified?” Asked Lin Ruoxi.
Wu Yue opened a document on her laptop, looked at various charts, then said, “According to the Athena Team’s analysis, after both parties have transferred five billion in Huaxia currency, Changlin Media would be facing a severe shortage of funds. For the next three months, they would face an extremely low working capital, unless the Zeng Family of Yanjing grants assistance.”
“What is the Athena Team?” Yang Chen asked Lin Ruoxi.
Lin Ruoxi didn’t answer him, while Mo Qianni kindly explained, “It’s a team that Boss Lin personally put together after taking office. They include actuaries and traders of the various industry markets from all over the world, and their main responsibility is to analyze a competitor’s financial situation in detail.”
Xu Zhihong also happily added, “Although Ruoxi’s small team have less than ten people, it still makes me green with envy, haha.”
Lin Ruoxi responded, “Hmm, the Zeng Family in Yanjing couldn’t possibly assist them. The Zeng Family has multiple establishments, and is also involved with the government. The Zeng Family doesn’t dare to make any rash moves…… Wu Yue, execute the next phase of the plan.”
“Roger, Boss Lin!”
Wu Yue bowed, and left the dining room.
Looking at these people who had just said things that he couldn’t understand, Yang Chen couldn’t help but ask, “Can anyone explain?”
Lin Ruoxi sipped on her orange juice, then said, “Before this collaboration, I have already spent three months selling dozens of unimportant factories and some shares of other companies, amassing eight billion in funds. Five billion have been put into the Swiss Bank account, and there is three billion remaining, I’ve decided to use it to suppress the shares that Changlin Media has in Hong Kong’s stock market.”
“Suppress Changlin?” Yang Chen suspected that he misheard. Didn’t they just become allies!?
“You didn’t mishear.” Mo Qianni continued to explain, “Our company, Yu Lei, has already planned for all subsidiary newspapers and magazines under us and the rest of the industry to begin spreading news that would be detrimental to Changlin. This way, Changlin Media’s shares would be dumped by their shareholders, while we will buy them. When we amass enough shares, we would once again dump all of them back at even lower prices, causing panic in all shareholders, which would cause even those shareholders who had been passive to dump what they have…… All we need to do is to repeatedly buy and sell. In a situation where Changlin doesn’t have enough cash reserves, they would have no options but to let their shares be beaten to a pulp by us. In less than a day, Changlin Media would crash.”
[TL: I believe that in financial terms, to dump stocks/shares means to sell at prices lower than its actual value.]
Without even mentioning the specifics of the plan, Yang Chen already felt that this seemed too simple, “Changlin is also a large company worth tens of billions, can such a simple move truly kill them off?”
“Changlin’s decision to break into Zhonghai was a mistake from the very start. Although such a move would bring them long-term benefits, for the short-term they would need to do enormous amounts of foundational work and would require enormous spending. Yet, at a time like this, Zeng Xinlin dared to brazenly use this alliance of three companies to stabilize his position. Unfortunately, he has oversimplified the ways of the business world.” Said Mo Qianni.
With a smile, Xu Zhihong clapped in approval and said, “The business world is a battlefield, companies are at each other’s throats with blades and soldiers, who even gives a damn about friendship?”
Yang Chen glanced at the icy and expressionless Lin Ruoxi, then turned to the beaming Xu Zhihong and asked, “Well then, Boss Xu, why are you here?”
Xu Zhihong laughed and said, “How about we first move to the computer room to watch the stock market war, and I’ll slowly explain it to you, Mr. Yang?”
Chapter 186-2: Something horrible happenedZeng Xinlin who came to the office early in the morning hadn’t had any coffee, which was rare. He only steeped a cup of green tea, because what he needed wasn’t more energy, but a serene state of mind.
Because, Zeng Xinlin felt that his emotions weren’t stable.
Half an hour ago, the finance department had confirmed that there was seven billion in the shared Swiss Bank account, so Zeng Xinlin ordered the whole five billion that they had raised to be transferred in.
In this way, this collaboration is set in stone, and nobody can back out. After all, it was written in the contracts that the twelve billion in funds may only be used for researching and producing the new product.
However, it’s exactly because everything had gone so smoothly that Zeng Xinlin began to feel restless.
He wasn’t an idiot, and more so wasn’t a reckless fool. He knew what he was doing, but he supposed that this investment was too big and felt like he couldn’t get over it.
Sitting back at his big leather chair, Zeng Xinlin began to look at the business contracts on his computer. He was full of confidence towards the future.
The family had put a large establishment like Changlin into his hands, and he resolutely chose to move and develop in Zhonghai. Although he expended a lot of human and financial resources to take root, the future prospects in this move couldn’t be overlooked.
Changlin Media was different from other companies who were in the fashion industry. Even Yu Lei International who was the biggest in Zhonghai didn’t have government connections like Changlin Media, this was a phenomenal advantage.
Zeng Xinlin firmly believed that as long as this collaboration succeeds and produces a profit, Changlin Media’s future growth would definitely surpass Yu Lei International.
Lin Ruoxi may be a remarkable businesswoman, but in Zeng Xinlin’s eyes, she was just regarded as a beautiful woman, a woman that should ultimately be conquered by him……
He had nearly succeeded in college. Although she was now with another man, Zeng Xinlin believed that with what he had, he could take her back.
Besides, he had already find “flaws” about that man.
Therefore, Zeng Xinlin wasn’t in a hurry. What he needed to do was to plan every step properly and uprightly. He was Lin Ruoxi’s senior, and in the future, he would also be superior to Lin Ruoxi in the business world!
Right at this point, urgent knocks were heard from the door.
“Come in.”
Lu Tao’s plumped body rushed in, and he anxiously said, “Boss, I just received information that Huaxia Weekly, Zhonghai Daily, Jiangnan News and at least twenty other media outlets have all reported negative news of companies under our Changlin Media, and are all scandals about dirty rules and things happening behind the scenes!”
Zeng Xinlin immediately trembled from fright, but he wasn’t too agitated. He knocked the desk and asked, “Have you investigated the source?”
“Those media outlets have suddenly broke off all connections with us, but we could hold a press conference to clear off these matters as they do not have enough evidence, how… however……”
“However what?”
“Our shares have fallen to the lowest it has been this month, and are in the middle of being indiscriminately purchased by unfamiliar companies. There are also individual buyers purchasing large amounts of shares…… I feel like something isn’t right.” Lu Tao cowardly whispered.
It isn’t right!? Of course it isn’t right!
Zeng Xinlin felt his scalp go numb, he gradually became aware of what the problem was, and shouted, “Immediately raise funds from all subsidiaries, amass all funds possible, do it now!!”
“Roger!”
Lu Tao cowardly ran out of the office as if he was thoroughly frightened by Zeng Xinlin.
Zeng Xinlin could no longer sit still, he stood up and paced back and forth for he knew that this was a premeditated war of capital reserves.
A battle like this only had three outcomes, either you die, I die, or we both suffer grievous wounds!
An enemy that would initiate such an attack is definitely one that plans on fighting to the death!
Who is it!?
Changlin barging into Zhonghai had without a doubt offended many other companies in the same industry. Those who want to deal with Changlin could be found everywhere, but the only one who could actually do something about it was Yu Lei!
It’s Lin Ruoxi? That cold and quiet woman who looked like she wouldn’t even hurt a fly!?
That junior who stuck onto me during studies!?
Zeng Xinlin couldn’t believe that a woman like this who seemed keep away from any conflict would be the one to swing the executioner’s blade at him……
After his imagination ran wild, Zeng Xinlin had the impulse to call Lin Ruoxi and ask if she knew about this and whether she was behind it, but after he picked up the phone, he put it back down.
He knew that as long as he asked, no matter what the answer was, he would never be able to attain this woman in this lifetime; he couldn’t ruin his chances of that!
“Boss!”
Lu Tao’s shout broke the silence in the office, the fatty entered with his forehead covered in sweat, and sullenly said, “Boss, something horrible has happened!”