Chapter 449 The Qu Family of Taiwan Province!



"Are you crazy?"

“Ouyang Ming, let me tell you, even if it means death, I will never hand over my son. I advise you to give up on that idea.”

Just as expected!

Qu Wanting immediately lost her temper.

Ouyang Ming raised an eyebrow and snorted coldly, "Then let's watch the company go bankrupt, and our whole family will starve."

"I, I..."

Qu Wanting was caught in a dilemma. Of course, she understood what her husband was saying. The Ouyang Group was on the verge of collapse. If it did not receive assistance, it might go bankrupt.

Having grown accustomed to the life of a wealthy woman, Qu Wanting would never agree to return to being an ordinary housewife.

There is only one way.

She went to her parents' home for help.

Qu Wanting's family is much stronger than the Ouyang Group. However, her family's company is located in Taiwan Province and deals in the import and export of leather goods, covering Southeast Asia and Europe and America.

The business is not small.

However, Qu Wanting had a falling out with her family. They didn't approve of her being with Ouyang Ming and instead planned to marry her off to the Xu family in Taiwan.

The Xu family is a prominent and influential family in Taiwan Province. If the two families were to join forces, it would be a powerful alliance and could become a legendary story.

result.

After the scandal of Qu Wanting and Ouyang Ming's premarital pregnancy was exposed, the Xu family felt insulted, and the marriage was called off, turning a beautiful story into a joke.

Feeling that they were being ridiculed by other Chinese people, the Qu family severed ties with Qu Wanting.

......

"Will your family help us?"

"They won't help us, but they can definitely help their grandsons."

Qu Wanting spoke with certainty, and continued, "Every year, they arrange for Xiao Feifei to go back and meet with them. They also like Xiao Feifei."

Ouyang Ming breathed a sigh of relief.

Helping his son Xiaofei is the same as helping himself, and on the surface he has to put on a helpless expression.

"This is the only thing we can do now."

"Alright, there's no time to lose. I'll book your tickets right away, so you should hurry over there."

"Remember, whether you cry or make a fuss, you must get help from Xiaofei's maternal grandfather, otherwise our Ouyang Group will really go bankrupt."

Qu Wanting nodded and pulled Ouyang Fei back to the room to pack their luggage.

The next morning, she took Ouyang Fei back to her parents' home.

......

Thursday.

The Hang Seng Stock Exchange opens.

Ouyang Group's stock suffered another disastrous day.

Compared to the previous few trading days, the stock price has fallen by two-thirds.

The shareholders of Ouyang Group also began to get anxious.

Some people are secretly selling off their shares, while others are approaching consulting firms, hoping to liquidate their entire stake.

Ouyang Ming had no choice but to convene another shareholders' meeting to stabilize morale.

If the other party wants to bankrupt Ouyang Ming and swallow the Ouyang Group whole, they need to collect a large number of shares in the Ouyang Group.

The more shares a shareholder sells at this time, the greater the chance that the other party will control the Ouyang Group. Once Ouyang Ming completely loses control of the Ouyang Group, the other party can officially take over the Ouyang Group.

At that point, if even a small amount of bad assets were injected, the Ouyang Group would become worthless.

Such incidents occur several times almost every year in the A-share market.

Major shareholders use their power to divest high-quality assets, effectively selling them at a low price.

At the same time, it will also acquire other assets or even exchange assets in the name of the company.

On the surface, there doesn't seem to be anything wrong.

A closer look at the financial statements of these assets reveals that they are all non-performing assets with no profit-making ability, relying entirely on government subsidies, and with an extremely high debt ratio.

Simply put, major shareholders have other ways to realize their cash, besides selling company stock.

He could have easily acquired a nearly bankrupt company at a low price, then made the financial statements look better. What was originally a company worth 10 million could have become more than 3 billion after being sold to a listed company.

How much do you think he made from it?

And this money didn't just go to the major shareholder; it's like the shareholders' money was put into their own pockets.

After a few years, these non-performing assets will be sold to other companies at one-tenth or even one-twentieth of their original price.

What is this called? This is called the disposal of non-performing assets, which is good news.

They can also manipulate the stock price to fleece investors again.

......

On the other side.

Chen Dong looked at Wangcai and asked, "How many shares have we acquired so far?"

"We already have 34% of the shares."

"but....."

Wangcai thought for a moment and then said, "Boss, it's very difficult to acquire shares in the secondary market. If we want to control Ouyang Group, we can only contact Ouyang Group's shareholders."

"Acquire their shares at the agreed price."

Chen Dong nodded. "I'll leave this to you. Find a consulting firm. We won't get involved for now. Let the consultants sound out the shareholders and see what price they're willing to sell to us for."

"What if they ask for an exorbitant price?"

"Simple!"

Chen Dong raised a finger and rubbed it on his neck. "Then let them be buried with me. What I want is for Ouyang Ming to go bankrupt. Everything else is irrelevant."

With that, Wangcai knew what to do next.

Selling off stocks also has costs.

However, in the face of absolute power, everything is just a paper tiger.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!

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