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Chapter 3422: Stock price drops

"Are you almost ready for the press conference?"

"Well, when you're ready, we'll start as soon as the time comes." Zhang Tingting replied.

"Does Hohhot say anything?"

"Mr. Zhang communicated this before, how about I ask?" Zhang Tingting asked.

Jiang Xiaobai nodded, and Zhang Weiyi came over quickly after getting the news.

"What do you mean by Hohhot? Are they going to attend tonight's press conference?"

Jiang Xiaobai asked. Zhang Weiyi shook his head: "I shouldn't participate. I had already told them about the press conference that was going to be held in the evening before, but they didn't express their position."

"Yes," Jiang Xiaobai nodded with emotion: "This lack of expression is sometimes an attitude in itself."

"Yes, Hohhot has made up its mind not to participate."

"By the way, is there any action on the Mengniu side?" Jiang Xiaobai asked again.

Zhang Weiyi shook his head: "No, since Niu Sheng left our Yili in the morning, there has been no movement at all. It has been very quiet."

"What about other dairy brands? Is there any movement?"

"No, we are all waiting and watching."

Jiang Xiaobai sighed, these brands are really capable of resisting. It's at this time and they haven't taken any action yet. They are really just trying to make money and don't care about anything.

Jiang Xiaobai didn't know how these people could do it as if nothing had happened without even taking a single step of self-examination.

"Forget it, ignore them. Are there any results in the report we submitted to the relevant departments?" Jiang Xiaobai asked again.

If you want to rectify the domestic dairy industry, you can't rely on Yili's power. All Yili's actions can only be within its own scope. As for other enterprises, Yili cannot control it.

It cannot be said that Yili checked other products to see if melamine was added.

Zhang Weiyi still shook his head, and Jiang Xiaobai sighed inwardly. In the previous life, he reacted quickly because the incident was brought to the attention of the superiors, and a large number of consumers had already had an accident. The superiors only responded. This time, it happened earlier.

According to Fan Gang, these milk stations have been doing these things for more than half a year. There are no obvious problems yet, so it is normal that they have not attracted the attention of the above.

But even if there are some reasons, this reaction mechanism is indeed much slower.

When Jiang Xiaobai and Zhang Weiyi arrived at the office chatting, it was almost 7:40 pm.

Seeing Jiang Xiaobai still chatting with Zhang Weiyi, Zhang Tingting on the side couldn't help but remind him.

"Dr. Jiang, you haven't eaten yet. I'll have someone bring you some food."

Jiang Xiaobai has been busy since he woke up in the afternoon. Jiang Xiaobai didn't even have time to eat.

Zhang Tingting brought food several times in the afternoon, but Jiang Xiaobai rejected her every time. There was no time at all. The food was cold and hot, and now it was almost time for the press conference.

I don't know how long it will take for this press conference to end. Jiang Xiaobai hasn't eaten for so long, and Zhang Tingting is a little worried.

Hearing this, Jiang Xiaobai looked at the time and then waved his hand: "The press conference will start soon. Forget it, let's talk about it after the press conference. I'm too hungry now."

Zhang Tingting wanted to say more, but Fan Gang had already knocked on the door and came in, delivering the latest one-hour product recall report.

In fact, by the time I got off work at 5 o'clock this afternoon, the speed of the recall had slowed down a lot, and many dealers had stopped the recall work for today.

However, some dealers are still continuing to recall, so Fan Gang still delivers the goods once an hour. As long as Jiang Xiaobai doesn't say it's over, he will keep sending them.

Yili's affairs have developed to this point and are completely out of his control. He doesn't care anymore. Anyway, he can do whatever Jiang Xiaobai says. He can just rely on Jiang Xiaobai for full power.

"I understand." Jiang Xiaobai glanced at the report and tucked it into a notebook. This notebook will be used for a press conference later.

"Director Jiang, there is one more thing I want to report to you." Fan Gang hesitated and said.

"you say."

"Our stock price fell by the limit today, and it rose by 2% when it opened. But when the news that we stopped supplying dealers and recalled the products spread, the stock price immediately fell, and many people called to inquire.

What exactly happened? We followed your request and truthfully omitted the information. The stock price then plummeted, and when the market opened in the afternoon, it was directly on the lower limit.

And by the time the market closed, the number of large orders on the market exceeded one million, and it is estimated that the limit may continue to drop tomorrow..."

Fan Gang said with an ugly face, before, with great difficulty, the stock price rose steadily from fifteen yuan to twenty yuan. As a result, at the end of the day, only eighteen yuan was left, and it will continue tomorrow.

If it falls, it is estimated that it will be much closer to 16.

Wait until the day after tomorrow.

If the price limit drops like this, the stock price will return to fifteen yuan in three days. The stock price that took a long time to rise will return to the pre-liberation level overnight.

In one day, Yili evaporated billions of dollars in the market. This is the market.

Jiang Xiaobai's expression didn't change when he heard this. This was normal. If something like this happened to Yili, it would be strange if the stock price didn't fall.

"It's okay. I will have countermeasures at tonight's press conference. Besides, if the stock price falls, it will fall. When the storm passes, the stock price will return to the corresponding position.

Our major shareholders will not reduce their holdings in the stock market, and our current companies do not need to raise funds for additional issuances in the stock market. If the stock price falls, just fall, and the fall will be temporary."

Jiang Xiaobai comforted him, but Fan Gang's expression didn't get much better. If the temporary decline or correction was okay, he was afraid that the stock price would plummet all the way and never come back.

There are many such situations in the market.

But now that Jiang Xiaobai said this and things turned out this way, he also understood in his heart that Jian had to give it to him if he was selected.

Even now it was too late for Jiang Xiaobai to stop.

What's more, a drop in stock prices won't stop Jiang Xiaobai.

"Okay, it's almost time, let's go to the press conference." Jiang Xiaobai looked at the time, stood up, straightened his clothes, and strode towards the outside of the conference room.
Chapter completed!
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