This period of time was very peaceful. The Kahn Group was initially a bit uneasy, and I thought someone was trying to mess with them. But when the turmoil on the Internet subsided and no other incidents occurred, I gradually felt relieved.
They put a lot of effort into investigating the matter on the Internet, but to no avail. It seemed that after someone broke the news, it just happened naturally.
So I had to give up.
However, this is just the beginning.
As the first listed company in Pingkang County and the city, the policy support for Kahn Group to go public means a lot, but there are actually many internal problems.
What happened to the students of Miao Gao Township Middle School may not be a means to win over and corrupt some people. The Kahn Group can develop so smoothly and has numerous illegal operations. These methods are indispensable.
In the past, Kahn Group was not listed, so it did not have to abide by some rules. No one lifted the lid. Hello, me, everyone.
Nowadays, as a listed company and a public enterprise, it needs to be supervised by the China Securities Regulatory Commission, shareholders and public opinion.
Suddenly, I don’t know when, all kinds of negative news about Kahn Group’s financial reporting fraud, false disclosures, false operations, insider trading, illegal use of bank loans, suspected transfer of interests, etc. suddenly appeared on the Internet.
Moreover, these inconspicuous news, which were rarely noticed in the past, have become inexplicably popular, with the number of clicks and visits on major websites rising steadily.
As a result, more and more websites began to follow and report on the hype, and many print media also joined the report.
Just these reports are nothing, the key is that the content is so true. Financial frauds, illegal disclosures, insider trading, and profit transfers are all reported.
Before the China Securities Regulatory Commission could react, the stock market had already reacted. Kahn Group's stock price fell to the limit, and as the news became more and more popular, it continued to fall in the next few days.
Although the China Securities Regulatory Commission was slow to react and started the investigation process belatedly, it was another major blow to the Kahn Group's stock price.
Faced with this situation, Sun Chuanfu and Hu Yilang were so anxious that they couldn't find a way, and they didn't even know who had taken action against them.
They also thought of ways to contact these websites, especially the major domestic portals, in an attempt to suppress the news.
However, the Kahn Group has a great influence in Qingzhou and can run sideways in Pingkang County. If it is placed nationwide, who can ignore them?
Not to mention how influential these portals are in the country, their shareholders are basically foreign-funded consortiums. Who would care about a small Kahn Group entrenched in a remote area.
Because of online reports, investigations by the China Securities Regulatory Commission, and the plummeting stock prices, some banks have taken a whiff of the situation and have suspended their loans, and some have even started to demand payment.
Sun Chuanfu and Hu Yilang were so anxious that they couldn't care less about the Internet. They began to beg their grandparents to sue their grandmother. They used their connections and dirty information to find people everywhere to stabilize these banks first.
If the reputation is bad and the stock price drops, it can be tolerated. But if the bank withdraws the loan, then it is really over.
These are of course Li Mu's masterpieces.
As Zhu Wei and the private detectives received various black materials and criminal evidence about the Kahn Group, the commercial investigation company he hired also sent over the investigation results of the Kahn Group. The content was very suitable to Li Mu's taste.
For such a half-black and half-white company, it is very difficult to expect it to operate in compliance with the law.
Therefore, Li Mu was faced with a choice, which aspect to start with as a breakthrough? The criminal behavior of the Kahn Group? Or the illegal business operations of the Kahn Group?
Logically speaking, one should start with breaking the news from criminal acts, which seemed more serious. In the end, Li Mu chose to start with commercial violations.
Now is an era when economic development is paramount. In this environment, local protectionism has to be considered.
Li Mu remembered that there was such a hidden line in the play, which was very thought-provoking.
When Jiang Yang and Zhu Wei investigated this case, they were obstructed and suppressed by so many people, making it difficult to move forward.
When Yan Liang investigated this case, there was almost no resistance and it was very smooth.
It can be explained that Yan Liang and the others belong to the special group of the municipal bureau. They are assigned by the provincial department and have a relatively high level. It is difficult for the other party to exert much influence. This is one of the factors.
Another factor that cannot be ignored is that not long after the show started, Yan Liang was driving and listening to the radio, which happened to be broadcasting news about the Kahn Group.
Due to financial fraud, money laundering, and insider trading, Kahn Group's stock price fell by 80% during the year. Moreover, in recent years, it has suffered losses every year and has become insolvent. Many banks still lend illegally and have been investigated by the China Securities Regulatory Commission and the Economic Investigation Bureau.
Investigation.
The content in this episode shortly after the beginning serves as a background board, but many people have ignored it or failed to understand it.
From Li Mu's perspective, this is the key to Hou Guiping's success.
Why was it so difficult for Jiang Yang and Zhu Wei to investigate the case and encountered obstacles at every turn; but Yan Liang's investigation went so smoothly, with all parties cooperating and almost no obstacles encountered.
The biggest reason is that when Jiang Yang and Zhu Wei were investigating the case, the Kahn Group, regardless of what it was like in private, whether it was making money or not, was on the surface very prosperous. It was a major local financial and tax company, and it was the first listed company in Qingzhou City.
In an era when economic development is paramount, two people from the judicial department suddenly want to establish a listed company that is the backbone of the local economy. What is the local response? Will they support it? The Kahn Group was destroyed, and the local economic growth slowed down that year.
What should I do if it decreases? Who is responsible for this?
What should local leaders do if they are held accountable by their superiors because the economy is growing too slowly? What should they do if it affects the economy?
Even if there is no benefit transfer, many people still have their own thoughts on this matter.
Later, the Yanliang Chakan Group asked why it went so smoothly and why it was not hindered. Everyone was very cooperative.
Because the Kahn Group is no longer good, those illegal methods can be used as odd tricks for a short period of time, but they can be used as regular methods to run the group. It will be strange if nothing happens.
The Kahn Group has always been successful in Cheongju. That’s because they have used the Lijing Hotel to win over too many interested parties. They can develop smoothly without abiding by market rules. But if they want to continue to grow, go out and enter the national market, this strategy is not good.
Did it.
Every place has its own rules, and every place has its own interest groups. If the Kahn Group comes out of Qingzhou, who will take advantage of you?
The business method itself is not good. In Cheongju, it all relies on relationships and has not been tempered by market rules. When it enters the national market, how can this trick be changed!
It is normal for the Kahn Group to be in trouble.
According to the plot, when Yan Liang took over the case, they had been insolvent many years ago. They relied on various illegal means to win over various relationships, so that banks could lend them illegal loans to maintain the company's survival, and rely on falsified financial reports to maintain the company's stock price.
.
It’s impossible for local governments to be unaware of this situation, because the Kahn Group’s taxes are getting less and less.
As time goes by, more local companies rise and more foreign companies enter, and the importance of Kahn Group to the local area further decreases.