The board of directors of Jiangxia Co., Ltd. has already held an emergency meeting. In addition to the chairman Mr. Xia, the general managers Xia De and Xia Yiran, there are also three other company directors and the director of the company's securities department Zhao Ruimin.
"Chairman, good morning, fellow directors, I have called you here for a meeting so early because someone posted an article online last night. It is expected that this article will have a greater impact on the company's stock price, so please Let’s discuss countermeasures.”
Zhao Ruimin stood in front of the big screen, pointed at an article on the big screen and said. The title of the article on the big screen is:
"Jiangxia Shares is in a financial crisis and has no choice but to sell the Longwan real estate project."
"This article does not disclose any substantive content. It just lists some rumors that are not consistent with the facts. However, even so, it will have an impact on our stock price after the stock market opens." Director Zhao slid the big screen The article continues.
Xia Yiran found the article on his mobile phone and read it carefully. He couldn't help but take a breath of cold air. At the end of the article, it was mentioned that the company that might take over the Longwan project was Shen Feiyu's Jiangkai Real Estate. It looked like Shen Feiyu Feiyu is declaring war on himself, how should he fight back next? Xia Yiran thought secretly in his heart.
"Dear directors, I read this article and it is not entirely false. Recently, executives from several banks have approached me and expressed varying degrees of concerns about our group's funds." General Manager Xia De said.
"So is there any problem with our group's current funds?" asked a director surnamed Lin.
"At present, the company has sufficient funds and there is no crisis of shortage of funds." Xia De replied.
"Then what does the bank mean by looking for us?" asked a director named Zhang.
"They said that after the subsequent loan expires, it may be difficult to renew it. And they also vaguely mentioned that this was not their intention, but someone was putting pressure on them from behind."
"Who dares to go against us so blatantly?" the director surnamed Meng asked angrily.
"Everyone calm down first." Chairman Xia Guangyuan waved his hand and said:
"The first thing we face today is the problem with this article. We will solve this problem first and then deal with other things. Mr. Zhao, please tell us what you think."
"My opinion is to release a rumor-refuting message before the stock market opens to stabilize the confidence of investors and minimize the impact of this article on the stock price. Then, let the Ministry of Information immediately delete this article from the entire network." Zhao Ruimin replied.
"Do you have any opinions on Mr. Zhao's arrangements?" Xia Guangyuan asked.
"agree."
"no comment."
Participants responded one after another.
"Okay, since everyone has no objections, I will make arrangements immediately." Zhao Ruimin immediately walked out of the conference room after finishing speaking.
After Zhao Ruimin went out, Xia De stood up and said:
"Sending information to refute rumors can certainly have some effect, but it is foreseeable that our company's stock price will inevitably fall sharply today, and everyone should be mentally prepared."
"Actually, it's nothing. Since it's just a rumor, the stock price will rise sooner or later," Director Zhang said.
"I don't think things are that simple. Jiangkai Real Estate has been plotting against our Longwan project for a long time. I think this matter must have something to do with them, right?" Director Meng said.
"A few friends told me that the Shen family has been very close to many banks recently, and there is support from above. The purpose is our Longwan project. We must not take it lightly." Director Lin said.
"Adé, what's the financial situation of the group company?" Xia Guangyuan asked.
"Our group company currently has sufficient cash flow. Even if major banks reduce the amount of our loans, as long as we do not make particularly significant investments in the short term, it will not have an impact on our operations. However..." Xia Deyu
He stopped talking.
"But what?"
"However, the real estate sector is not optimistic. With the commencement of the Longwan project, it is expected that the group will inject blood to real estate companies on a large scale. After all, real estate is a money-burning project."
"Yiran, what's the financial situation of the real estate company?" Xia Guangyuan asked.
"The current financial situation of the real estate company is good. Our properties under construction have basically been sold out, and funds have entered a virtuous cycle. But if we want to start the Longwan project, we still need to raise a large amount of funds." Xia Yiran answered candidly.
"What do you think about the Longwan project?" Xia Guangyuan looked around and asked.
"I think the Longwan project will be started according to our plan, and we can find a way to solve the funding problem," Director Zhang said.
"But if those rumors come true after the Longwan project starts, and we cannot raise funds, it will inevitably affect the operation of the entire group." Director Lin said.
“I also think the Longwan project can wait a while,” Director Meng said.
"But if our Longwan project doesn't start, the government will put more pressure on me. The Longwan project is an important benchmark project in the province." Xia Yiran objected.
"Under this situation, I think it is not impossible for the Longwan project to be resold. Since the Shen family wants it, why not give it to him? Maybe we can still sell it at a good price," said Xia De.
"Brother, how can you say that? Do you know how much effort we have put into the Longwan project?" Xia Yiran said angrily.
“Isn’t it a good deal to sell it at a good price?”
"You can't just look at the immediate benefits. Do you know how much profit it will bring to our group after the Longwan project is completed?"
"But you will also bring uncontrollable risks to the group!"
"What can you do without risk? If you're afraid of the risk, just don't do anything."
"Risks must be controllable. If something goes wrong in a large group like ours, do you know how many people it will bring disaster to?"
"I see that you are not thinking about others at all, you are thinking about yourself."
"Okay, okay, you two, stop arguing. We are currently in a critical period. We must unite to tide over the difficulties. If you argue like this, we won't need others to attack, we will overcome it ourselves!"
Xia Guangyuan said angrily.
"I think so." Seeing that Xia De and Xia Yiran were no longer arguing, Xia Guangyuan continued:
"All of us directors should use their own relationships to communicate well with the city, province and banks. Relationships are all formed through communication. Once they become familiar, they will become familiar again. I don't believe that someone would insist on killing us.
Of course, if someone really has trouble with us, we at Jiangxia Group will not be afraid. The company's development over the years has proven that we can withstand big storms."
After the meeting, Xia Yiran sat in the conference room for a long time and did not leave. She was thinking about how to overcome this difficulty and successfully start the Longwan project.
After the stock market opened, as everyone expected, Jiangxia shares' stock price plummeted.