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Chapter 1870 Crush your opponent to death, it’s unreasonable!(1/2)

Early December 1998.

A major news came out that Maohua Group had financial fraud!

No one knows who the revealer is.

However, this exposure is reasonable and well-founded, as well as relevant financial proof documents!

Maohua Group's revenue and expenditure in the past six months have been exposed!

Their company's finances have always been in a loss-making state.

In addition to financial issues, there are also major loopholes in personnel and factory management!

Maohua Group loses more than 300 million yuan every year!

Before the company went public, the valuation was less than 3 billion yuan, but after it went public, through beautiful financial statements, false orders, and stock market speculation, the market value has been pushed up to more than 20 billion yuan!

Zheng Maohua and his son have the most shares in this company.

If they are allowed to cash out successfully, they can take at least more than 6 billion!

Promote the group to go public, then cash out and leave the market, and sell the company to the buyer at a price!

This is Zheng Maohua's wishful thinking.

They even planned to plot against Wang Lin, but Wang Lin was smart and did not fall for them.

Because Wang Lin is not greedy!

A person who is not greedy is very difficult to deceive.

Moreover, Wang Lin is also engaged in the textile industry and is very familiar with this business.

Maohua Group is engaged in the traditional textile industry and does not make upstream raw materials. How much profit does it make each year? Wang Lin probably knows it.

Wang Lin doesn't like such a company.

If Wang Lin does not take over, there will be people taking over, such as the majority of stock investors.

As long as the stocks in the hands of Zheng Maohua and his son have passed the restricted trading period, they can gradually sell them and cash out.

Even if the stock price falls a little, they can cash out at least billions.

They cash out the money, invest in Shenfang Group, which has better assets, and then promote Shenfang Group to go public, and then they can cash out a large amount of cash!

Work hard in business, how can you manipulate capital to make money quickly?

Zheng Maohua's play can be said to be seamless.

If no one reveals the inside story of Maohua Group, he will succeed immediately!

However, man's calculations are not as good as God's calculations!

The various problems that Maohua Company have finally been exposed.

The situation suddenly changed!

On the day the news was revealed, Maohua Group's stock price hit the limit directly!

In December 1996, my country's stock market resumed its daily limit. Except for the first day of listing, the increase or decrease shall not exceed 10%. The entrustment that exceeds the increase or decrease limit is an invalid entrustment.

If there is no limit, the share price of Maohua Group will probably fall thousands of miles away.

On the same day, Zhou Hanmin held an emergency meeting.

There is only one issue in this meeting, that is, to abolish the qualifications of Maohua Group to participate in the reform of Shenfang Group.

The two comrades who had previously spoken good things for Zheng Maohua, shut up completely today.

At this time, who dares to get involved in Maohua Group?

Whoever gets into Zheng Maohua is just a slut!

At the meeting, the resolution was passed unanimously and Zheng Maohua was kicked out.

As for handling the violations of Maohua Group, it is not Zhou Hanmin's turn, because Maohua Group is not in Shencheng.

The punishment power of listed companies belongs to the China Securities Regulatory Commission.

At the meeting, someone suggested that after Zheng Maohua was eliminated, who will take over the remaining 9% of Shenfang Group's shares? Will it be owned by the state-owned assets? Or will it be taken over by Aixu Group?

Zhou Hanmin said that Xiangjiang's Yonghua Company has contacted the city and is willing to invest. Let's hand over the 9% stake to Xiangjiang Yonghua Company!

Yonghua Company has invested frequently in the mainland in recent years and has had a cooperative relationship with the original Shenfang Group. The original Shenfang Factory No. 1 and 35 factory, Yonghua Company has invested in it.

Now that Yonghua Company takes over this 9% stake, it can be said that it is well deserved.

Everyone could not think of a reason to object, so they passed the vote unanimously.

Things are not over yet.

In the next few days, the stock price of Maohua Group hit the limit as soon as the market opened every day!

At the same time, relevant departments have set up a joint task force to enter Maohua Group to conduct financial audits and investigate and collect evidence for their violations.

What is waiting for Zheng Maohua is not only the punishment for the stock market to fall to the end, but also the prison will be in jail!

By mid-December, the stock price of Maohua Group fell to the bottom, with a market value of more than 20 billion yuan, and it evaporated directly from the world. Maohua Group became the worst stock, and the stocks became a pile of waste paper, and no one would pick them up even if they were thrown on the street.

In sharp contrast, the stock price of Aixu Group has been rising all the way!

Because recently, good news about Aixu Group has emerged one after another.

In particular, the news that Aixu Group acquired a stake in Shenfang Group and accounted for 40% of the shares directly stimulated the nerves of the investors. They frantically swept the goods and bought them with big hands, pushing the stock price of Aixu Group to a new high!

By late December, the total market value of Aixu Group exceeded 200 billion for the first time!

This is also the first stock in my country to exceed 200 billion market capitalization, leaving other listed companies far behind.

Since the outbreak of economic crisis and floods, my country's stock market has been sluggish.

However, in the second half of the year, the stock price of Aixu Group became a lone brave man who was so popular against the market!

This phenomenon will definitely be recorded in the history of the stock market!

In 1994, the A-share stock price began to enter a period of slow rise, and there was no large stock over 100 yuan.

It was not until Aixu Group went public that 100 yuan stocks appeared again.

This year it is even more booming, with the highest share price of Aixu Group reaching 209.31 yuan per share.

This year, the total issuance of Aixu Group's stock issuance has reached 1 billion shares through additional issuances.

Therefore, the total market value of Aixu Group can exceed the 200 billion mark!

Market value is market value, which is what investors are optimistic about Aixu Group.

Aixu Group's high market value does not mean its revenue, and its profitability is also the first.

In fact, Aixu Group's revenue cannot even beat three barrels of oil.

The fact that the market value ranks high but the revenue ability cannot beat the opponent is a common fact in global stock markets.

No matter what, the stock price of Aixu Group is rising uncontrollably! This is an indisputable fact!

During the same period, the market value of other listed companies in China was still hovering below 100 billion!

The inflated stock market has not brought Wang Lin much good mood.

Wang Lin was even a little afraid of this inflated market value.

Just like Maohua Group, the higher you praise, the worse you fall!

Is there any thunder in Aixu Group?

Will it happen one day?

Wang Lin was nervous.

For example, what if he had a marriage change?

If Li Wenxiu knew about his love affairs outside, she would have to have a divorce?

Generally speaking, if someone does not deliberately make a big fuss about the business owner, it will not affect the rise and fall of the stock price.

However, things are unpredictable!

During Wang Lin’s ten years of development, there are quite a few people who have offended him.

If someone really makes a fuss about this, the stock price of Aixu Group will plummet!

At that time, Aixu Group would also die miserably.

Thinking of this, Wang Lin just sighed.

Zhou Boqiang, Deng Dabao and others celebrated each other and came to congratulate Wang Lin.

Deng Dabao laughed and said, "Dr. Wang, Maohua Group is dead! Zheng Maohua and his son will definitely go to jail! They don't have time to escape!"

Zhou Boqiang said: "This is the Zheng family's father and son who are committed suicide by themselves, and they cannot blame others."

Deng Dabao said: "I am just happy to see them die! This annoying ghost can finally disappear completely!"

Zhou Boqiang said: "Dr. Wang, our stock price has risen again! This is really a great event!"
To be continued...
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