Black technology: a super empire spanning two worlds

Chapter 20 [Exceeding Expectations Important Announcement]

Several external shareholders received news of the board’s voting results and quickly held an internal video conference to discuss the matter.

"Does he really want to launch a merger and reorganization? What on earth is this kid up to?" Zhou Baichuan frowned and fell into deep thought, as if trying to figure out Xiao Yu's intentions.

At this time, another investor who was present at the meeting said, "It's hard to say. Our relationship with him is already not very pleasant. Would he have such good intentions? The approval of the restructuring proposal does not mean that the restructuring will be successful. It can also fail. Using the good news of the restructuring to push up the stock price, complete the gambling agreement, and then find a reason to announce the failure of the restructuring, wouldn't that kill two birds with one stone?"

Those of them who are involved in capital operations are very clear about the game of mergers and reorganizations of listed companies, and they have played such capital operations before, playing the game of mergers and reorganizations and carrying out deceptive reorganizations to reap profits in the stock market. After the stock price skyrocketed and they were sold, they turned around and the reorganization failed.

The investor who said this was a middle-aged man who looked like an old fox. He added: "In my opinion, he just wanted to complete the gambling agreement, not really want Linghan New Materials to be restructured. Otherwise, there would be no reason for this company to exist."

Another person from an investment institution said: "But no matter what, the stock price going up is not bad for us."

Zhou Baichuan shook his head and said in a deep voice, "If that's the case, it's not unacceptable. What I'm worried about is that without the constraints of the gambling agreement, Prism Technology will be completely controlled by him. If he retaliates, the stock price may go up or down. It may take years or even decades to build a company, but it only takes a month to bring a company down, or even less than a month."

The person from the capital organization immediately said, "It shouldn't be that serious. Ruining the company would be a lose-lose situation, and it would completely offend the capital. He wouldn't get any benefit. It would do more harm than good to him. There's no reason to do this."

Zhou Baichuan pondered for a moment, then said: "What you said is not unreasonable. I can't draw a conclusion, but this possibility exists and cannot be ignored."

Another middle-aged man at the meeting asked, "What's the situation with Linghan New Materials?"

Hearing this, Zhou Baichuan immediately said, "Speaking of this matter, Xiao Yu's confidentiality is unexpectedly good. My people can't find any useful information at all. Even the employees inside Linghan New Materials are not very clear."

Everyone was silent, feeling that this matter was indeed a bit weird, and even suspected that Xiao Yu was playing a trick to cover up the truth and make something out of nothing just to complete the gambling agreement.

Finally, Zhou Baichuan said: "No matter what, we can't let him win the bet agreement before things become clear."

The middle-aged man agreed: "I agree. A rise in the stock price will not harm us. We just need to keep the share price of Prism Technology below 30 yuan."

After some discussion, Zhou Baichuan and others reached a consensus not to allow Prism Technology's stock price to exceed a market value of 265 billion.

The stocks they hold have not been unblocked yet, so they cannot sell them for cash, but they can short sell through margin trading. In addition, the A-share market also has a restricted stock transfer and financing mechanism, which allows them to lend restricted stocks to others for short selling. This is equivalent to allowing the restricted stocks to circulate indirectly in the market for a period of time.

That is why they are so fearless.

……

At around 19:47 in the evening, Prism Technologies released a major announcement.

Linzhou Prism Technology Co., Ltd. intends to purchase the equity of Linghan New Materials Co., Ltd. through major asset replacement and cash payment, and control 51% of Linghan New Materials in total. The main counterparty of this transaction is Linghan New Materials. This transaction is expected to constitute a related transaction and a major asset reorganization, but not a reorganization listing. The down-to-earth description of this announcement is: Prism Technology announced that it is officially "engaged" with Linghan New Materials. The next plan is to set up a banquet, entertain guests, and choose an auspicious day to get married!

Prism Technology's popularity index had originally dropped to eighth place, but it quickly jumped to first place after this announcement.

When stock investors saw the news, they forwarded it in their own communication groups and started discussing it in the stock forum comment section, causing more people to search for Prism Technology, and its popularity index soared.

The comment section of the stock forum has exploded.

[What the hell? Are they really going to merge and reorganize? This is great news! This is great news!]
[At the end of the trading day, I risked my life to buy three layers of warehouses and bet that the weekend news would exceed expectations. The news came before the weekend, and it exceeded expectations severely. Buy less, buy less, buy less, buy less! ]
[The price has doubled to a high level, which is good news, just to facilitate shipment.]
[Shipment? This is ridiculous. Do you know the value and growth potential of Linghan New Materials? Do you know the significance of mass production of high-purity graphene? A revolutionary new material in the 21st century! Prism Technology acquired 51% of Linghan New Materials, with a market value of just over 100 billion yuan. You call this high-price shipment? Do you have any goods to sell? I'll take it.]
[Next week, the daily limit will be reached in one word. Those who have chips will wake up laughing in their dreams.]
[I jumped out of the car today. I was holding seven layers of stocks and I didn’t dare to spend the weekend. I missed the opportunity to double my money!]
[Can I buy it when the market opens on Monday?]
[Don’t even think about it. The stock price will be capped at the daily limit on Monday, unless you have VIP access and maybe you can get some orders.]
[Mr. Xiao suddenly got the hang of it? Has he finally learned how to do market value management?]
[Shut up! Still calling me Mr. Xiao? Call me Master Xiao, no, God Xiao, hurry up... (Erha.jpg)]
[Why did you let me see this stock? I have deleted it from my watchlist. The more I look at it, the angrier I get. I am so pissed off. I lost 35 points and sold it at 4 yuan. It ended up going so badly. My good mood for the year is gone.]
[I couldn’t help but walk away yesterday after getting my money back. My thighs were bruised.]
……

During the weekends, the village did not lock up Prism Technology in a small dark room.

It's useless to shut it down, the stock price will have to rise again when it comes out. The main reason is that Prism Technology has not violated any regulations. Wen Suqing's team has been advising Xiao Yu behind the scenes, so it is impossible for such a low-level mistake to happen.

Prism Technology did not apply for a trading suspension when it announced it was planning a major asset restructuring, so it will open for normal trading next Monday.

On Monday, May 5, when the stock market opened, Prism Technology was unsurprisingly hit the top of the board and was immediately blocked at the opening. The amount of funds on the board reached a staggering 17 billion, but there was no trading volume, and the trading volume shrank to 49 million throughout the day.

Several investment institutions such as Penghui Capital are also paying close attention and have planned not to let the share price of Prism Technology break through the 30.53 yuan level, but they dare not short sell at this time.

If you dare to short at this juncture, your head will definitely be smashed by the bulls. You will definitely be forced to short and crushed ruthlessly. If you dare to short, you will die.

With this emotional state, I can only avoid the sharp edge for the time being.

In the next three days from Tuesday to Thursday, Prism Technology unsurprisingly hit three consecutive daily limit increases.

On Wednesday, the stock price reached 19.94 yuan, easily breaking through the historical high of 17.85 yuan of Prism Technology's stock price, easily setting a new historical high. Then on Thursday, it set a new high of 23.93 yuan, and the market value soared to 207.71 billion.

However, the trading volume on Thursday was 5.35 million, and the daily limit from Monday to Wednesday was shrinking.

This was an attempt by several investors from Penghui Capital to crash the market on Thursday. They spent 5 million yuan in a tentative attempt to suppress the market. In the end, they failed to even break the daily limit and the stock price was firmly locked at the upper limit. The investors immediately became obedient and did not dare to try again to crash the market.

……

(End of this chapter)