Climbing ashore wet and watching others drowning in the muddy pond, this can probably describe Ding Zhaoqiang's mood at the moment when he saw Taihua Group's share price hit the limit again by the surging sell orders!
Xinyihua Fund Company can not respond to previous public articles. After all, there has been no real evidence to prove that Xinyihua's fund managers are actually involved in insider trading, but this time Xinyihua Fund Company can no longer bury its head.
Become an ostrich.
Xinyihua Fund Company first temporarily closed the fund redemption function that Shi Mingde was responsible for, and then issued an announcement on Oriental Finance Network claiming that it had noticed the disclosed article and that the company's legal department was urgently studying the evidence disclosed in the post and would directly
Transfer it to judicial authorities for processing.
To put it simply, Xinyihua Fund Company’s answer was that Taihua Group and its holding parent company Xintaihua Investment did not respond directly.
With such conclusive evidence exposed and the judicial authorities ready to intervene at any time, can they still hide their faces and issue an announcement claiming that everything revealed on the Internet is a slander against Taihua?
"Lu Jiancheng and Lu Jianchao have already guessed that Guo Jian was bribed by Han Shaorong. Why should they be on guard against the possibility that Han Shaorong might have evidence that they bribed the Xinyihua Fund Manager for insider trading? How did it end up in this situation today?"
Xu Zhi looked at everything that was posted on the Internet and asked in shock.
He has long known Lu Jianchao and Lu Jiancheng brothers. Although one has a hot temper and the other has a gloomy temper, and he definitely hates Han Shaorong for plotting against them, he doesn't think they are the kind of people who will not give in even if they are about to die.
"The stock price of Taihua has been hit below the liquidation line, and the Lu brothers have lost their dominance. It should be mainly because those companies that hold the pledge rights of Taihua stock have not reached an agreement with Huamao, right?"
Ding Zhaoqiang has been so busy with Dong Sheng's affairs these days that he has no extra energy to pay attention to other gossips. He even has no intention to ask Han Shaorong and Hua Mao who once wanted to kill Dong Sheng. Therefore, he does not know the relationship between Han Shaorong and Hua Mao.
What kind of overt and covert conflicts have there been between the Lu brothers and the financial institutions that hold the pledge rights of Taihua stocks during this period, but he can generally figure out where the problem lies.
Things are also very simple.
Through New Taihua Investment, the Lu family brothers pledged their shares of Taihua Group to financial institutions to lend investment funds for other projects - no matter how the Lu family compromised with Han Shaorong and Huamao, surrendered their shares, even if they wanted to
Whether the controlling stake of the listed company Taihua Group is completely surrendered, the pledge of these stocks must first be released.
Of course, the financial institutions that hold the pledge rights of these stocks cannot easily accept huge losses.
In order for these financial institutions to release the pledge or transfer the pledge rights, Han Shaorong and Huamao must first repay the corresponding loan with interest on behalf of New Taihua Investment. This is a normal requirement for these financial institutions.
Ding Zhaoqiang guessed that they were stuck at this point and couldn't reach an agreement, so they delayed it until Tianyue officially injected capital into Dongsheng Real Estate. Han Shaorong no longer had any scruples, so he used his last trump card.
Ding Zhaoqiang thought that Cao Mo had not actually given up his ambition for Taihua. He couldn't help but think that all this should be what Cao Mo expected to happen. It should also be an opportunity for Cao Mo to take the next step. What would he do next?
How to do it?
Thinking of this, Ding Zhaoqiang picked up the landline and dialed Shen Ji: "Shen Ji, where are you? Why is the noise around you so noisy? You are still playing with cars in Tianyue Industry. Oh, you are accompanying Cao Mo to test Tianyue's new development.
Is it an engineering prototype? I'll go over and take a look now..."
Xu Zhi was not so free, and finally Guo Guangxin accompanied Ding Zhaoqiang by car to the bank of Zhiyun Lake.
At this time, Shen Ji was wearing a helmet and riding a motorcycle without a casing, with the engine and other parts and pipelines almost exposed, running like a black steel beast on the lakeside test site.
This motorcycle is much thicker than ordinary ones, and the engine makes an explosive roar from time to time.
Cao Mo was holding a motorcycle helmet in his hand, obviously he had just replaced Shen Ji.
"Tianyue is going to start a heavy-duty locomotive project so soon?" Ding Zhaoqiang walked over and asked curiously.
"How can it be so fast? The laboratory is disassembling other companies' cars for structural analysis. We have nothing else to do. Let's start with it first," Cao Mo said.
"That's too fast!" Ding Zhaoqiang exclaimed.
Although he is usually stoic, when he has spare time, he will roll out the heavy motorcycles he has collected in the garage and ride them on the beach. However, he has not yet reached the level where Cao Mo directly spent a lot of money to build motorcycles. situation.
He believes that even though Tianyue Industry has accumulated some foundations in the motorcycle industry at this time, it should continue to strengthen its technology and production capabilities in mid- to low-end models in a short period of time, and then take into account mid-range off-road, sports and leisure models. The development of motorcycles is not too difficult.
However, Ding Zhaoqiang believes that Tianyue, even in the field of mid-range motorcycles, should only stay in the stage of technology accumulation and reserve, and cannot even blindly launch products.
Even if the outer shell of the motorcycle Shen Ji rides has been removed, it is a high-end heavy-duty motorcycle from any angle. He feels that even if it is only a disassembly study of heavy-duty motorcycles from other brands, it seems to be somewhat more advanced. early.
"It's not too early," Cao Mo said, "If Tianyue Industrial really wants to build a car, the accumulation of technology is one aspect, and the accumulation of brand reputation, how to overcome brand discrimination, is an issue that must be considered now. Tianyue Industry Yue Industry can only focus on the African market in the early stage, which will inevitably leave the impression on the domestic market that Tianyue Industry can only produce mid-to-low-end industrial products. Then even if it successfully develops mid-to-high-end passenger cars in the future, how can it be able to have a domestic presence? Is the market acceptance of serious brand discrimination?”
Ding Zhaoqiang understood.
The investment in developing mid- to high-end passenger cars is too high, and the technical threshold that needs to be crossed is also too high. This needs to be done step by step, and it may ultimately take ten years or more to reach the threshold.
However, if Tianyue successfully develops mid- to high-end passenger cars, the market will immediately accept them.
Market development may take longer.
Especially in the field of automobile manufacturing, top European and American car companies have accumulated too many advantages.
Many domestic car companies are currently trying their best to catch up, but in recent years they can only compete in the low-end market.
Tianyue Industry has now directly entered the field of research and development of heavy-duty locomotives. It seems that it does not expect to open up the high-end and small consumer market in the short term, but Cao Mo does not pay attention to this area.
What he values is not only the accumulation of technology, but also the impression that Tianyue Industry focuses on and masters the high-precision technical fields in related fields, and is deeply rooted in people's hearts step by step, so as to cultivate the future market and shorten the time as much as possible.
Of course, such a layout at this time must be aimed at the mid-to-high-end passenger car field in the future to be effective, otherwise the initial investment will be just a waste.
Ding Zhaoqiang not only doubts that the crude testing ground in front of him can really produce a car company that can compete with those large joint venture manufacturers?
"Mr. Ding, did you enjoy two laps?" Cao Mo asked when he saw Shen Ji driving back and handing the helmet to Ding Zhaoqiang.
"I can't stand it. I haven't had a good rest these past few days. I can't play with such a heavy thing!" At this time, Ding Zhaoqiang saw clearly which famous car Shen Ji was riding. This was a big toy that weighed nearly 400 kilograms. Yi'er, if he was ten years younger but wanted to try riding a bike, now it was difficult to straighten the car body, so he didn't want to go up and show his shame. When he saw Shen Ji coming over and taking off his helmet, he asked, "Han Shaorong Today is the final moment of defeating Taihua. Your next plan is about to be implemented. Which financial institutions do you plan to quote in the next few days?"
"We don't have a direct quotation plan yet." Cao Mo shook his head and said.
"Oh?" Ding Zhaoqiang looked at Cao Mo with some doubts. Since Cao Mo had revealed to him the secret investment and cooperation with Fulkov, he felt that there was no need for Cao Mo to hide anything from him at this time. He really couldn't figure it out. What was Cao Mo thinking?
"The institutions that the Lu family pledged the shares of Taihua Group are all public - these institutions have also secretly communicated with each other. If anyone wants to get the controlling stake of Taihua Group from them, the price will be almost public. "What Taihua Group is facing now is not only the issue of who will get the controlling rights, but more importantly, whoever takes over Taihua Group will have to spend more funds to clean up such a big mess," Cao Mo said, "In addition, the equity of the New Taihua Refinery, the Cornero Lake Port, the New Taihua International Hotel and the Cornero Marina New City are respectively owned by Taihua Group and New Taihua Investment. As well as Huamao Investment and Fulkov Investment, it is not whoever takes control of the listed company Taihua Group that can control these projects——"
Ding Zhaoqiang is relatively familiar with the situation of projects such as Cornero Marina New City.
After the demise of the Jidam family, the Lu family tried their best to transfer part of the property rights of overseas projects held by New Taihua Investment to the listed company Taihua Group.
In the three large-scale projects of Cornero Lake Port, New Taihua Refinery and Cornero Marina New City, New Taihua Investment and Taihua Group hold 20% and 31% of the shares respectively; the remaining shares are held by Fulkov Investment holds 29% of the shares, while Huamao Investment holds 20% of the shares; in the Xintaihua International Hotel including casino project, Xintaihua Investment and Fulkofu Investment each hold 40% of the shares, and Huamao Investment Hold the remaining 20% of the shares.
In this case, Han Shaorong obtained the controlling stake of Taihua Group and merged it with Huamao's shares to gain control of the Conero Lake Port, Conero Marina New City and the new Taihua Refinery. However, Cao Mo only After obtaining the controlling stake of Taihua Group, it is still unable to directly control and lead the subsequent construction of these three major projects.
Even without considering the complex pledge relationship, Taihua Group’s shareholding ratio in these three major projects is only 31%.
"The current situation requires money to obtain the controlling stake of Taihua Group, and it will cost money to obtain about 20% of the equity in these projects from the creditors of New Taihua Investment, and to continue to build these projects, especially Since Han Shaorong holds a certain amount of shares and is determined to delay, more funds are needed." Cao Mo spread his hands and said, "I can't afford seven to eight billion in funds to play with this matter now... "