I’ll Add Points To All Things

Chapter 726 Xinli Education Collapses!

Get back together with Su Yang?

To please Su Yang?

Cao Qiguang felt... a bit embarrassing.

But... there seems to be no other good way.

What on earth should we do?

After hearing what Mr. Yang said, Cao Qiguang was troubled all afternoon. Until he sent Mr. Yang away, Cao Qiguang still hadn't figured out how to reconcile with Su Yang without losing face.

It would be great if Su Yang could take the initiative to come here to apologize and admit his mistake. I must forgive him, hey...

After seeing off Mr. Yang, Cao Qiguang sighed and took out his mobile phone, wanting to see if he missed any news today.

As a result, it doesn't matter if you don't read it, but you are shocked when you see it.

There are a lot of missed calls on his mobile phone, as well as unread messages on WeChat.

Most of these calls and WeChat messages were sent by his confidant, Director Wang.

The phone recognized Cao Qiguang's face, automatically unlocked, and a prompt message appeared.

At the top are two WeChat messages,

【CEO Cao! In a hurry! Call back when you're done! 】

Cao Qiguang continued to look down indifferently,

[After our company released its quarterly financial report today, I heard that someone borrowed our stock on a large scale in Hong Kong City, as if they wanted to short it. 】

Cao Qiguang was startled, and he didn't bother to look at other information, so he quickly called Director Wang.

When the call was connected, Director Wang's voice was a little anxious, and he said, "Mr. Cao, did you see the message I sent?"

Cao Qiguang said seriously, "I see. Tell me about the situation. What's going on?"

Director Wang didn't say anything, but asked first, "Mr. Cao, did you write the chapter on the quarterly financial report?"

Cao Qiguang asked suspiciously, "What stamp? I haven't stamped it!"

Director Wang was not surprised, as if he had guessed that it wasn't built by Cao Qiguang,

Instead, he told the whole story directly. From the company's inexplicable financial report in the morning, to later when he started to inquire about the movements in Hong Kong City, he found that someone had borrowed a large amount of company shares in the past few days, and he told them all about it.

The more Cao Qiguang listened, the more frightened he became.

After listening to everything, probably because everything was too shocking, Cao Qiguang didn't speak for a long time.

After a while, he said, "I'll get in the car first. You wait a moment. I'll call you back."

After speaking, Cao Qiguang hung up the phone.

After hanging up the phone, Cao Qiguang's eyes were full of fire, his chest heaved violently, panting heavily, venting his inner anger and shock!

Ten seconds later, Cao Qiguang adjusted his mentality, then took out his mobile phone, and quickly searched the news of Xinli Education's quarterly report on the Internet: He doesn't trust anyone in such a big matter. He even hoped that Director Wang had betrayed him and lied to him.

But there are no miracles in the world, Director Wang did not lie to him. Cao Qiguang soon saw the company's quarterly financial report on the Internet.

After a day of fermentation, this financial report has already spread, and the Internet is full of praise for Xinli Education. Even the leeks in Xinli Education's post bar and stock bar are talking good things about Xinli Education.

If Cao Qiguang hadn't known that this was not a good thing, he would have thought this was a navy recruited by Xinli Education!

He checked the stock price of Xinli Education again. In one day, Xinli Education rose by 13%.

What happened to all this, Cao Qiguang didn't have the heart to investigate, he knew that what he needed now was to save everything as much as possible! After something happens, the only way to solve it is to solve it. Investigation cannot solve the problem.

What's more...he already guessed in his heart who did it.

Thinking of this, he suppressed the fire and viciousness in his eyes, beckoned the driver to come over, got into the car, closed his eyes and began to think about countermeasures...

...

At this moment, Su Yang was playing chess with Zhao Licheng at home.

The two of them didn't play high-level go or classic chess, but... backgammon.

Maybe both of them have very high IQs, or maybe Zhao Licheng is deliberately giving way to Su Yang. Anyway, the two of them played half the chessboard and still haven't decided the winner.

Su Yang held on to the sunspots and landed them on the chessboard. Then he looked at the chessboard and said, "Cao Qiguang... seems very calm."

Zhao Licheng didn't belittle Cao Qiguang because of hatred, "He is a talent. He is no worse than me."

With that said, he dropped a child.

Su Yang played with the chess pieces in his hands and asked, "Have all the plans been arranged?"

Zhao Licheng said, "It's all arranged. We can follow Cao Qiguang's response one by one. Especially with Lord Janet's information, we can perfectly catch every point of him."

Su Yang smiled and said with emotion, "So sometimes, absolute power can really change everything... There is no need to explain the life of cheating."

...

That night, Cao Qiguang rushed back to the magic city overnight, called all his confidants to his home, and discussed how to deal with the matter.

The confidantes didn't understand Cao Qiguang's nervousness at first. But when I heard that someone already knew about financial fraud, I panicked.

In the domestic stock market, financial fraud is not very serious.

For example, Fenghua Hi-Tech was fined 600,000 for inflating profits by 100,000,000.

For example, Kangdexin has 11.9 billion financial frauds and a fine of 600,000.

For example, Kangmei Pharmaceutical was only fined 600,000 yuan for financial fraud of more than 30 billion...

etc.

But in other capital markets, it is different. For example, the U.S. stock market is severely punished for such fraud. Recently, a stock that has been harvesting American leeks is facing delisting and even a compensation of up to 70 billion due to financial fraud of 2.2 billion.

Hong Kong stocks also have very strict penalties for counterfeiting. It might not be that high, but it's pretty scary.

So in this case, several confidantes used their brains to make suggestions.

Some people say, "If you can't solve the problem, solve the people who know the problem."

Some said, "Push it to temporary workers."

Anyway, they are all domestically used methods.

Cao Qiguang is also a ruthless person. After listening to everyone's opinions, he felt that it was not to his liking.

Because he knew that Su Yang should not be underestimated, and it was not something that could be dealt with by these simple methods.

So after thinking about it for a long time, he decided... to fly to Hong Kong City early tomorrow morning and hold a press conference in person. Proactively expose this matter.

It is said that during the internal accounting of the company, several items were accidentally missed by mistake, resulting in serious deviations in the real data.

For this reason, the two directors of the financial department of Xinli Education will take the blame and resign, and he will also step down as the chairman of the company.

Moreover, Xinli Education will also publish the clear accounting data within a week.

In the end, Cao Qiguang will kneel down and apologize to all shareholders and investors, and get their forgiveness.

It has to be said that Cao Qiguang's pre-emptive attack was very precise: they disclosed that there was a problem with the company's financial report, which made the concept of the whole thing completely different. The latter was a fraudulent incident, but the former was just a problem with the company's processes and data.

Although this will still lead to embarrassment and loss of power, it is a perfect solution to this matter. And once and for all. He will no longer be coerced and threatened by Su Yang.

After the meeting, Cao Qiguang checked the time, and it was already 1 o'clock in the morning. He wanted to contact the person at the Hong Kong Stock Exchange to report in advance, but the person had already fallen asleep.

There was no other way, Cao Qiguang had no choice but to put this matter on hold temporarily, and started looking for contacts, and booked a ticket to Hong Kong City tomorrow morning.

After entrusting countless people and seeking many connections, Cao Qiguang, amidst all kinds of apologies and laughs, got it all done in the middle of the night, which made him finally heave a sigh of relief.

At 8 o'clock the next day, Cao Qiguang got on the plane to Hong Kong City. Before boarding the plane, Cao Qiguang also ordered his confidantes to keep in touch with the Hong Kong Stock Exchange and report data problems in advance.

Their reaction was nothing short of unpleasant.

But... they are fast, Su Yang is faster.

At 9:30, the Hong Kong stock market opened.

The stock price of Xinli Education plummeted, and countless sell-offs began to severely suppress the stock price of Xinli Education.

The stockholders who only knew yesterday's information were stunned and didn't know what happened.

Immediately afterwards, a piece of shocking news came out. Several major newspapers and major news media in Hong Kong City all released the news that Xinli Education's financial report was falsified.

In the news, there is a full comparison of Xinli Education’s fraudulent financial reports, from industrial chain data to evidence, from screenshots to photos, everything is there. The detailed information is comparable to Muddy Waters, a professional short-selling company in the United States.

As soon as this 18-page short-selling report was released, the stock price of Xinli Education immediately collapsed and plummeted.

Xinli Education is in a mess at this time, no one expected that the enemy will move so fast, they are still in contact with the Hong Kong Stock Exchange how to deal with this matter! He was completely unprepared for the opponent to move first!

Director Wang wanted to start the company's remaining cash to repurchase stocks to boost the confidence of shareholders, but Cao Qiguang was on the plane at this time and could not authorize it.

There is no price limit for Hong Kong stocks, so Xinli Education fell by 30% in just two hours, and it continued to fall. It even formed a very terrifying infinite decline: no transaction, continuous decline.

This shows that no one is taking over the shares of Xinli Education at all, and they are all panicking.

Cao Qiguang was high in the sky at this time, still taking deep breaths, doing psychological construction for himself, trying to make himself less concerned about face during the press conference.

As a result, after getting off the plane, he connected to the wifi at the airport, only to find that...everything has changed.

At that moment, Cao Qiguang was in a daze.

He was a little skeptical. Have you crossed over? Or...the plane flew for days?

I just got on a plane, why did my company's stock crash?

Cao Qiguang has some skills. He knew that it was too late to hold a press conference, so he quickly contacted Modu and asked Director Wang and the others to issue an announcement directly to explain the reason. Malicious deceit.

In addition, start-up companies set aside funds to start repurchasing stocks, raising stock prices and stimulating investor confidence.

Originally, these two moves could indeed turn the situation around.

But their opponents are like prophets. As soon as they made a decision, there was a lot of information on the Internet, saying that the best way for Xinli Education to deal with financial report fraud is to get the data wrong, not malicious fraud. Later, there were various analyzes and almost all the things that Xinli Education wanted to do and say were told.

Xinli Education was all dumbfounded.

What to do?

If I continue to do this myself, isn't it true what these people said?

What's even more dumbfounding is that when they want to buy back stocks, they find that they can't cover the amount of funds of the other party. The other party seems to have endless stocks in their hands. falling.

That's all.

I don't know why, but the online education sector of the Hong Kong stock market and other stocks have also suffered a series of declines, as if they were brought down by Xinli Education.

Investors saw the current situation, where there is no confidence, all started selling.

Once collapsed, all collapsed, the entire online education sector of Hong Kong stocks seemed to be plowed by a precise gunman, and there were sorrows and sorrows.

What's even more frightening is that there seems to be an invisible big hand manipulating all of this: whenever there is a panic, there are always a lot of small orders, and the middle orders are buying stocks at a high speed, and then they are buying stocks when they fall. When it reached a more difficult "level", they sold it vigorously and suppressed it all at once.

The offensive was like waves, wave after wave.

The hundreds of billions of online education plates dropped by 6% abruptly.

And Xinli Education, the core of the core, is also the most miserable among them, and it has fallen by 43%. And it continues to fall.

At this time, neither Cao Qiguang's press conference nor the Hong Kong Stock Exchange's statement can save Xinli Education.

Even Xinli Education's repurchase of shares was exposed by the media. It's just that the title is even more appalling: [Xinli Education uses all its cash to repurchase stocks, and the cash flow is broken. 】

Xinli Education is like a marionette, being led step by step into the abyss.

After the press conference, it was found that Cao Qiguang, who was already powerless, collapsed on the sofa, with his head deeply buried in his hands.

The mobile phone he placed on the table kept vibrating and ringing, all of them were calls from capital, investors and the media, but he didn't want to answer any of them.

Because he knew he was done. In the current situation of the company, he can no longer solve it by taking the blame and resigning. He may have to pay himself for it...

He knew that the culprit of all this should be the young man he had never looked at from the beginning to the end.

Thinking of this young man, Cao Qiguang's eyes lit up. He felt that he might be saved. If I can find that young man's forgiveness, maybe I can still be saved!

Since he could suppress himself like this, he might be able to save himself!

Thinking of this, Cao Qiguang hastily picked up his phone hopefully, wanting to call Su Yang.

After hanging up on several investors in succession, Cao Qiguang finally dialed Su Yang's number.

The moment the call was made, hatred and resentment flashed across Cao Qiguang's eyes, and a flattering smile appeared on his face.

He kept hypnotizing himself in his heart: if he keeps the green hills, he will not worry about no firewood, as long as he can be coaxed to forgive him, get through this calamity, and plan slowly afterward.

Don't worry, don't worry! I just felt wronged for a while...

n.

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