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Chapter 118: Fellow villagers are here to be sold out

"Hold a shareholders' meeting?" When Lin Haoran received a call from a shareholder, he was slightly stunned and seemed a little surprised.

He had not expected that while he was thinking deeply about the next strategy, the other party had already taken the initiative to raise this issue.

What surprised him even more was that the shareholder revealed during the call that the other seven shareholders had also reached a consensus and there was no need to notify them one by one.

"Okay, since everyone has this intention, let's hold a shareholders' meeting. As for the time, how about 10 o'clock tomorrow morning? This way everyone can be fully prepared." Lin Haoran smiled.

"Mr. Lin, this schedule is very suitable and we have no problem!" the other party replied.

"That's settled then. I look forward to tomorrow's meeting. Goodbye!" Lin Haoran said and hung up the phone.

Sitting in the spacious and bright office, Lin Haoran fell into deep thought.

His gaze through the floor-to-ceiling windows seemed to penetrate the hustle and bustle of the city and reach the questions deep in his heart.

Did they come to me to find out about the future development plans of Qingzhou Yingni Company, or did they have other intentions, such as expecting him to take over all of their stocks?
These goals were like shadows in the fog. Lin Haoran was not in a hurry to find the answers. He knew that the time had not yet come and all speculations would be redundant.

Just as he was lost in thought, a knock on the door interrupted his thoughts.

"Boss, a reporter wants to interview you." The voice of the company's female assistant sounded outside the door, with a hint of urgency.

Lin Haoran sighed softly. These reporters really had a keen sense of smell and were omnipresent.

After failing to find the Qingzhou Yingni Company, they directly set their sights on the Wan'an Group Building.

Lin Haoran showed a hint of helplessness, but quickly adjusted his mood. Not wanting to easily fall out with the media, he gently asked, "Which media's reporter is visiting?"

"They are reporters from Oriental Daily News and TVB." the subordinate replied.

Lin Haoran nodded and said, "Bring them in."

Oriental Daily is the best-selling newspaper media in Hong Kong today, and TVB is one of the two major television stations in Hong Kong.

Originally, Hong Kong had three major television stations, namely TVB, ATV and ATV.

However, Jiayi TV Station went bankrupt a few months ago, in August. That was before Lin Haoran traveled through time.

These media will do whatever it takes to get traffic. If you offend them, they might start to discredit you, so you still have to accept the interview.

Soon, three people came in. They were a reporter from Oriental Daily and a reporter and photographer from TVB.

"Mr. Lin, thank you for the interview opportunity." As soon as he came in, the leading TVB reporter who was in his thirties seemed very excited.

They didn't expect that the interview would be successful, and now they are the only two companies involved, which means they can get exclusive information.

Exclusive revelations attract much more attention than news that everyone knows.

Lin Haoran smiled and responded, "You're welcome. I just finished the work at hand, but I have some arrangements later, so let's get straight to the point. I'll give you a few minutes to ask questions."

"Mr. Lin, let me introduce myself. I am TVB reporter Huang Weiming. I would like to ask, there are rumors outside that this is a trap set by you, which caused the stock to rise sharply and then fall sharply. Do you have any explanation for this?" the reporter asked with the microphone extended.

Lin Haoran shook his head gently, with a hint of helplessness on his face: "This is really unfair to me. When I received the notice from the Securities Regulatory Commission, I was also very surprised.

In fact, I have not considered privatizing Qingzhou Yingni recently. Everyone knows that there is still a big gap in scale between my father's Wan'an Group and Qingzhou Yingni. It is not easy for me to successfully obtain the controlling stake in Qingzhou Yingni.

As for the source of this incident, I guess someone deliberately reported me. To this day, I don’t even know the identity of the reporter, which makes me very troubled.

If you really want to know more, you may try to contact Mr. Mai Si, the chairman of the CSRC. After all, the news was originally leaked from the CSRC. "

He knew that there must be many shareholders who were cursing him in secret. Although he didn't care about these ordinary shareholders, he always felt uncomfortable when being scolded. Since these reporters asked about it, he could take this opportunity to distance himself from them.

He had already guessed that it was the shareholders who did it. Since that was the case, he would not be polite and would just make them take the blame!
"Then Mr. Lin, have you ever considered privatizing Qingzhou Cement Company in the future?" The reporter from Oriental Daily then asked another question.

Lin Haoran smiled slightly, with a hint of helplessness in his eyes: "I did have such an idea, but the reality is cruel. To realize the privatization of Qingzhou Yingni, at least more than 100 million Hong Kong dollars of funds are needed. This is still an unattainable goal for me. I don't know when I can accumulate such a huge amount of funds."

The reporter's question became more pointed: "Is your selling of a large number of shares at HK$5 a consideration for profiting from shareholders?"

"This question really makes me laugh and cry. First of all, let me clarify that the cost of my acquisition of Qingzhou Cement's shares is far from as simple as HK$5 per share. To prove this, I can directly show a copy of my acquisition contract."

As he spoke, Lin Haoran stood up and walked to a locker nearby, and took out a share transfer contract with Cheung Kong Holdings.

He handed the contract to the reporter, which clearly showed that Cheung Kong transferred 6 million shares of Qingzhou Cement to Lin Haoran at a price of HK$391.5 per share, with a total price of HK$2349 million. "This is only part of the contract in my acquisition process. My average shareholding cost is much higher than HK$ per share. Although the share price I sold yesterday was HK$ per share, I actually lost money in this part of the transaction.

In the secondary market, there are many pending orders for Ching Chau Cement, and many prices are even lower than HK$4. If I really acted on purpose, I could buy back these stocks at a low price and earn the difference.

But the fact is that those pending orders still exist, which means I didn't do it. The reason is very simple. I don't have the strength to privatize the company yet. "Lin Haoran's words were full of helplessness.

Of course, his cost is not that high. After the stock price was lowered in the later period, the average price has been less than 5 Hong Kong dollars. However, he would not tell the truth when facing reporters.

"Mr. Lin, can we take a photo of this contract as part of our report?" a reporter requested.

"Of course, go ahead." Lin Haoran said indifferently.

When Li Jiacheng was doing business with him, he once told him that they would reflect this transaction in the financial statements published by the company. In this case, there was nothing wrong with him announcing it, it was just that Lin Haoran announced it earlier than Li Jiacheng.

After they finished filming, Lin Haoran no longer planned to continue the interview. He had said everything he needed to say, and these reporters obviously liked to make things difficult for him when asking questions. Who knew what trap they would set for him?

So, Lin Haoran deliberately looked at the time on his wrist, and then said, "I'm sorry, I have to get busy with work first. Let's end the interview here for today." After that, Lin Haoran hurriedly picked up the contract and put it in the locker, motioning for them to go out.

The two media outlets wanted to continue the interview, but Lin Haoran no longer gave them the chance.

He left the Wan'an Group Building directly and asked his driver Li Weiguo to take him back to the Deep Water Bay villa in advance.

Dividing the family property is equivalent to dividing the family.

But he is not married yet, so it is natural for him to live with his parents.

Seeing that they could no longer interview Lam Ho-ran, TVB reporters and Oriental Daily News reporters began to think about SFC Chairman Mak Si.

The reporter from Oriental Daily actually knew who reported to the CSRC, and it was one of the shareholders of Qingzhou Yingni.

However, he knew that the other party would definitely not admit these things, but if he could get news from Max, it would confirm the authenticity of the matter.

Therefore, the reporters from the two media outlets moved their locations again, planning to interview Max sooner or later, taking advantage of the fact that there was still some time before the government offices closed.

In the CSRC office building, Max once again received an interview request from a reporter.

This time, he still agreed to be interviewed.

It is normal for senior officials like them to be in the spotlight.

"Mr. Mai Si, it is said that the reason you sent a letter to Mr. Lin Haoran asking him to acquire Qingzhou Yingni Company was because you received a report, is that right?" the reporter asked.

"Indeed, we received a joint complaint and then began to pay attention to this matter. We then held a meeting within the Securities Regulatory Commission and sent a letter to Qingzhou Yingni Company." Mai Si responded generously.

"Then could you please tell us who reported it?" The reporter from Oriental Daily looked at Mr. Mai Si expectantly.

Max was silent for a long time. He originally wanted to refuse, after all, those people were his fellow British people.

However, he did know what happened today. It was a very big deal, and the source of it was still from the China Securities Regulatory Commission. Moreover, he was the highest official in the China Securities Regulatory Commission. Even if he didn't pay attention to it, there were people reporting to him.

So, after thinking about it, Mai Si felt that it would be better to make this matter public, otherwise the China Securities Regulatory Commission would be blamed.

So, Mai Si took the joint complaint letter from his desk, read it again, and then said: "As far as I know, these five people are shareholders of Qingzhou Yingni Company. Perhaps they feel that Mr. Lin Haoran holds so many shares that Mr. Lin Haoran has the final say in the company, which is obviously unfair to them, the shareholders.

As for the real reason, I don't know, and the result of our investigation is that Mr. Lin Haoran indeed violated the spirit of the Takeover and Merger Code "fairness to all shareholders". According to normal procedures, our Securities Regulatory Commission naturally needs to send a letter to Mr. Lin Haoran, urging him to privatize Qingzhou Yingni Company or reduce his shares. "

The two media companies that got the inside story were immediately excited.

"Mr. Max, can we write down these people's names?" the reporter asked.

"Of course." Max said, showing them the letter of complaint.

In this way, the CSRC naturally got rid of the blame.

As for the fellow villagers, they are being sold out.

After taking a photo of the report letter, both media outlets were very excited. The information they obtained would definitely become a hot topic of concern for the entire city.

After all, there are quite a few people who have fallen into the trap in today's stock market.

(End of this chapter)