"Jiang Yu, I asked a friend to order 8 million sets of microcrystalline glass materials. What do you think is the best way to deal with them?" Liu Chi asked Jiang Yu.
"8 million sets?" Jiang Yu asked in surprise, a little bit unbelieving.
"The materials have been transported to Yanjing."
"That's great!" Jiang Yu said excitedly, "That means we have 18 million sets of microcrystalline materials, which will last for at least half a year."
"Well, do you think this batch of materials should be given to COFCO or Hanze and Mingliang?"
"Let's give it to Hanze and Mingliang. Giving it to COFCO is not very suitable because they don't have a processing plant." Jiang Yu thought for a while and said, "Giving it to Hanze and Mingliang is different because they have machines that can process it directly."
"Okay, I'll call my friend and ask him where he puts the materials." Liu Chi thought about it and it seemed to be right.
"OK."
Liu Chi called Li Tian directly: "Hello, Li Tian, are you free?"
"I'm free. I just finished my work."
"Where are those glass-ceramics? Where did you put them?"
"I found a warehouse in the east of the city to store it. What's the matter? Do you need it now?"
"Yes, I'll ask Jiang Yu, the general manager of our company, to hand over the items to you later. Just give them to him."
"Okay, no problem."
"Okay, that's it for now, thank you!"
"Little things..."
After Liu Chi hung up the phone, he handed Jiang Yu Li Tian's contact information and the detailed order list: "That's all, take a look."
"Boss, I'll go deal with this batch of materials first." Jiang Yu said happily as he looked at the detailed list in his hand.
"Um."
"......"
Ye Yuxin’s house at night!
After dinner!
"How are things going in your company? Are you sure everything is OK?" Ye Jing asked solemnly after pouring a cup of tea for Liu Chi.
"My company is basically fine now. Now I'm thinking about how to fight back."
“Is COFCO really reliable?”
"No problem. I have cooperation with the higher-ups. Unless COFCO doesn't want to get involved anymore, they won't touch me." Liu Chi pointed to the sky and explained vaguely.
"That's good, that's good." Ye Jing suddenly realized that the root was here. No wonder Liu Chi was not in a hurry. He finally let go of the worry he had been holding. "Then how do you want to fight back? Do you have any ideas?"
"Once we get the detailed list of your company's order for 3 million units, we will suppress your company's stock price."
"My company's current stock price is 8.6. There are 2 billion shares circulating in the market, accounting for 35% of the total shares. You have to acquire at least 29%, which is very difficult." Ye Jing thought for a long time and finally shook his head.
"Uncle Ye, do you think there is any way to reduce the shares to half?"
"Half?" Ye Jing thought about it for a few seconds, and finally shook his head and said, "It's difficult..."
"Unless you have a large amount of funds to dump the market." Ye Jing added at the end.
"How much funding do you think is needed at least?" Liu Chi touched his chin, thought for a while, then raised his head and asked.
"Based on the current market value, the circulating shares are worth 17.5 billion. You need at least 10 billion to bring the stock price down 100%."
"And domestic stocks can only fall by a maximum of 10% a day. In the first few days, before they react, you will have an advantage. When they react, if you don't have enough funds, it will become a tug-of-war, so..."
"My company can only withdraw 3.5 billion at most!" Liu Chi scratched his forehead a little embarrassed.
"I can only withdraw 1.5 billion at most, and the gap is still 5 billion."
"It seems I have to go to the bank again." Liu Chi thought for a while and made up his mind. It seemed that apart from the bank, there was no other way to raise 5 billion in a short time.
"Liu Chi, we still owe the bank 2 billion yuan." Ye Yuxin said a little worriedly: "And you don't have to return 800 million to Jing Xin."
"It's okay. COFCO will make up the 800 million." Liu Chi shook his head to indicate that it was okay.
"The only way now is to get a bank loan. However, considering your company's situation and your connections above, I think it shouldn't be difficult to get a loan of 5 billion."
"Well, I'll go to the Industrial and Commercial Bureau to ask tomorrow." Liu Chi nodded.
“Do you have a professional trader?”
"No, Uncle Ye, do you have any introduction?" Liu Chi shook his head.
"I have a friend. I'll ask him later if he's willing to do this."
"good."
"......"
The next day, Liu Chi went directly to the Industrial and Commercial Bank of China where he had taken out the loan last time. After a two-hour secret conversation with Li Shulin, he signed a loan contract of 5 billion yuan.
The price is to mortgage 25% of the shares of No. 9 Technology.
The funds arrived a week later.
Three days later, Ye Yuxin went to work early in the morning and handed Liu Chi the order details that her father had given her last night.
Liu Chi will naturally hand it over to Jiang Yu and ask you to handle it as well.
After getting the order, Jiang Yu went straight to the COFCO Group headquarters.
Everything is ready!
Just waiting for the bank's funds to arrive!
But the vanguard can take action now.
No.9 Technology’s official Weibo!
renew:
In view of Jingxin Group's strong request, the 3.2 million sets of kettles owed must be paid off before the end of the month. If it fails to do so, all payments must be returned.
Due to production capacity reasons, our company has calculated that the earliest it will be able to make up the loss is around the 10th of next month. After several unsuccessful attempts at communication, our company has decided to agree to Jingxin Group’s request, cancel the contract with Jingxin Group, and return all payments totaling 820 million yuan.
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