Rebirth of the World’s Richest Man

Jiang Xiaobai's guess was correct. In the afternoon of that day, Rongcheng also responded and announced penalties for Changjiang Real Estate Branch in Rongcheng.

Mr. Li's face was livid when he received the news in Xiangjiang. This was an obvious expression of dissatisfaction from the superiors. Otherwise, the mainland would not have acted so fast because it was affected by public opinion.

This should also be a process, and it shouldn't be so fast.

"Mr. Li, what should we do now?"

It has become dark, but the lights in the entire Changjiang Group are brightly lit. Everyone is not off work and is still working overtime.

Mr. Li was sitting in the middle of the conference room, with directors of the group on both sides. Basically, the directors in Xiangjiang and Southeast were called back.

That's right, it's a board meeting now, rather than a simple high-level meeting.

If it were just a business matter, it could still be resolved at a high-level meeting within the group, but now it has a certain political significance.

Politics is a double-edged sword. If it is handled well, it may open the door to convenience and everything will go very smoothly. However, if it is not handled well, the impact will also be very big.

Before that, Mr. Li had always handled things well. The Changjiang Group had been investing heavily in the mainland since the early 1990s, and it had received a lot of help. It was a guest wherever it went, and its status in Xiangjiang was becoming more and more important. high.

But now that the penalty notices from the Magic City and Chengdu have been issued, they can feel the impact.

So now it was no longer a purely commercial matter, it was no longer a question of how much the loss would be, so a board meeting was hurriedly held.

If the situation gets worse, a shareholders' meeting may need to be held as the next step.

From high-level meetings to the board of directors, and possibly to shareholders' meetings in the future, the level of emphasis is also constantly increasing.

However, the level of attention has increased, but the difficulties faced have not been solved much.

Bad news continued to come. A group of directors stared at Mr. Li and asked him to come up with a way to avoid damaging the interests of the group and the interests of shareholders.

Directors are elected by the shareholders' meeting, and they represent the interests of each shareholder.

Yes, the Li family has the final say in the Changjiang Group, and the Li family occupies most of the shares, but this does not mean that the entire Changjiang Group is the only one owned by the Li family.

There are also other shareholders, cross-holding, and deepening the capital bloodline. This is what every large group is doing, and no one is immune.

The same is true for Changjiang Group. Other funds have entered Changjiang Group. They also have their own shareholders and elected directors to ensure their own interests.

"Mr. Li, now we have to come up with an idea. We cannot continue like this. If we continue like this, the losses to the group will be too great. The brand value of Changjiang Group will also be greatly damaged. In addition, the mainland investment"

The directors stood talking without pain, and pointed the finger at Mr. Li.

"First let me report the current situation." Mr. Li ignored these directors and looked at Vice Director Zhao and said.

Vice Director Zhao nodded and stood up: "Dear directors, starting from this morning, all enterprises of our Changjiang Group in the mainland, focusing on the real estate industry, have been blocked. Huaqing Holding Group instigated media reporters, and some private enterprises Everyone criticized our Changjiang Real Estate Company on various occasions.

So far, two cities, Shanghai and Chengdu, have already punished our branch in the city where Changjiang Real Estate is located and imposed a deadline for development. Otherwise, the land will be auctioned again.

This situation is estimated to wait until tomorrow, and maybe more cities will join in.

Other industries have also been hit to varying degrees, mainly in the upstream and downstream industries, raw material suppliers and sales channels.

Some partners blatantly break the contract, not paying the promised balance, and not delivering the promised raw materials. Mainland subsidiaries and branches are now facing the problem of broken capital chains, no raw material production, and sales channels. Problems arise, faced”

Vice Director Zhao spoke slowly, and the more he talked, the expressions on the faces of the directors in the conference room became uglier. It seemed that overnight, the entire company had been ravaged in the mainland.

This is not business competition, this is all-round resistance.

But before these directors could get angry, Vice Director Zhao continued: "In addition, we have noticed something unusual at Huahua Bank. We have mobilized about 35 billion US dollars in funds to scan for goods on the Xiangjiang stock market. Maybe"

Three-five billion U.S. dollars. As soon as this figure came out, a group of directors couldn't sit still, and their expressions changed drastically. Many people turned pale in an instant. Three-five billion U.S. dollars.

How big is the entire Xiangjiang stock market? Such huge funds are enough to shake the financial systems of some southeastern countries. Is there any way to clean up the stock price of Changjiang Group?

"Mr. Li, what is going on? Why did Jiang Xiaobai do this?"

"Mr. Li, we need a reason. What did you do? Make Jiang Xiaobai so crazy to target Changjiang Group?"

"Mr. Li, have you contacted the mainland and asked them to stop Jiang Xiaobai? If these 35 billion US dollars enter the Xiangjiang stock market, we will have no chance of making a comeback."

"Mr. Li" A group of directors looked at Mr. Li and wished they could eat him. This is 35 billion U.S. dollars. If it really enters the market, Changjiang Group will really be meat on the chopping board, leaving Jiang Xiaobai alone ravaged.

In addition to the current situation, a plummeting stock price is a trivial matter. People can easily put you on the lower limit, leaving you unable to stand up. Even the small shareholders represented by directors like them cannot escape.

This is no joke, you simply don’t have that much money to take over.

The entire conference room was in panic. Although the representative directors of the small shareholders are annoyed when something goes wrong in the company, they don't care. As long as the stock market can be stable, they, the small shareholders, don't hold many shares of Changjiang Group.

They can cash out and run away at any time. As for the mess left behind, that is the Li family's business. But if it is about the stock market, then they can't run away even if they want to. They can only stay and be buried with them. It is even said that they have suffered the greatest loss.

Because the Li family can still delist at worst and the industry will still be there, but the value of shareholders like them will be wiped out.