Black technology: a super empire spanning two worlds

Chapter 42 [Rui Lian doesn’t take it for free, if there is something wrong, it will really work]

The next day, Saturday morning.

Wen Suqing came to Xiao Yu's villa to discuss the next plan.

At this moment, Xiao Yu looked at Wen Suqing and said with a smile: "I plan to let Prism Technology cross-border into the food processing industry, grain trade, supermarkets and other industries, in order to create a new round of big negatives."

This decision is not simply intended to create a super negative impact on the market and suppress the share price of Prism Technology, but also has a deeper meaning to lay out the future layout for the sale of food products from Blue Star.

Now is a good time to cover up this purpose. If you wait until this matter is over, it will be difficult to do so, after all, you are a technology company.

Wen Suqing naturally didn't expect Xiao Yu to have such an intention. After hearing his decision, she agreed and said, "This is a good idea."

As a technology company, it has crossed over into unfamiliar fields such as food processing and grain trading, which have nothing to do with its main business.

Under normal circumstances, no company would do this kind of operation, because it is a suicidal act, as it means the company is not going bankrupt fast enough.

When investors see such news, no one would dare to risk their life to buy Prism Technology’s stocks.

Then the funds of several investors of Penghui Capital buried in it will never be able to come out, and the stock price will further fall.

Of course, this also included killing all the funds that chased the rise that day. In fact, Xiao Yu just wanted to bury Zhou Baichuan and others' funds.

But, there is no way, this is indiscriminate AOE damage.

Moreover, it must be a clean and decisive kill to the end, and it is absolutely impossible to open the limit down in the middle. Once the limit is opened, the funds of several investors of Penghui Capital will definitely run out first.

……

Monday, May 8th.

Today, Prism Technology once again hit the limit down, which is also the ninth consecutive limit down. The stock price fell to 4.20 yuan, returning to the position before the first rise. The closing price of the day before the first rise was 4.12 yuan.

When it skyrocketed, it was extremely violent, and when it plummeted, it was even more violent.

Seeing such an explosive trend, many investors are glad that they did not play with such monster stocks. After taking the last baton, they really fast forwarded to the account closing process on the spot.

At 9:35 in the morning, there was a sudden fund seesaw, the lower limit was opened and the price rose to 4.79 yuan, narrowing the decline to -8.76%, and the trading volume quickly released 1 million.

But in less than ten seconds, the price was smashed down again, completely blocking the limit down.

At about the same time when the limit down was lifted, a short essay spread quickly, saying that Prism Technology was going to cross over into food processing and grain trading. The emergence of this rumor directly led to the failure of the self-rescue attempt.

All the 1.3 million yuan of funds from the transaction were buried, including those who risked their lives to follow the trend and try to catch the rebound.

The main funds for the prying board were mainly from several investors of Penghui Capital. The good news was that they took out some funds, but the bad news was that the funds that ran out were not as much as the funds that pried the board out, and then the stock was blocked at the limit down.

Under normal circumstances, such a severe plunge should at least result in a technical rebound, and the technical side should also be like this.

But now the stock price has been pushed to the limit down, which shows that this is an abnormal situation.

The next day, Prism Technology hit its tenth limit down, and it was still a limit down. The stock price plummeted to 3.36 yuan, a record low.

Shortly after the afternoon closing, major negative news hit again. The previous essay was true.

The board of directors of Prism Technologies has passed a new resolution that the company will explore new businesses and enter the food processing and grain trading industries, thus crossing over into an unfamiliar field.

When investors saw this, they thought that this would kill the company.

So the stock price unsurprisingly plummeted to the limit down, and this week it hit the limit down for the fifth time, with the stock price plummeting to 5 yuan.

At that time, the market value of Prism Technology was only 11.97 billion.

This market value is even lower than the 15 billion yuan valuation of Penghui Capital when it first raised funds. The company is already losing money so much that it is bleeding.

The weekend has brought another super negative news. The small essay is once again powerful. It is rumored that the dispute between the major shareholders of Prism Technology has become irreconcilable, the company will become a victim, and delisting is the final outcome of this company.

Well, continue to sell off.

As expected, the new week saw a sharp drop to the limit, with Prism Technology's stock price hitting a new historical low of 1.10 yuan, and the company's market value was only 9 million yuan.

However, the stock's limit down was broken this afternoon because several investors at Penghui Capital could no longer sit still.

This time it was not self-rescue of funds, but forced market protection.

From the rumor about Xiao Zuo's work, they read Xiao Yu's idea, which was to drive the share price of Prism Technology below 1 yuan for 20 trading days, thereby triggering the forced delisting mechanism.

Several investors came to this conclusion completely. Three days later, that is, this Thursday, the stocks of several major shareholders of Penghui Capital will be unblocked and can be circulated and reduced in the secondary market.

At this critical juncture, the company is forced to delist?
Obviously, they could not accept this, so they were forced to come out to protect the market, first stabilizing the stock price above 1 yuan, and then confronting Xiao Yu for negotiations.

Prism Technology finally did not close at the limit down today, and finally closed with a sharp drop of -14.49%. The stock price closed at 1.18 yuan, and the market value was only 10.24 billion yuan.

……

Around 16: in the afternoon.

Wen Suqing came to Xiao Yu's villa residence. She received a call from Xiao Yu and they had to discuss an important matter in person.

"I received news today that Zhou Baichuan wanted to negotiate with me directly. They are a little overwhelmed." Xiao Yu said, then looked at Wen Suqing and added: "What do you think about this matter? Has Ruilian made any moves?"

After hearing this, Wen Suqing said, "You don't need to show up for the rest of the story. Ruilian will confront them head-on. This is the only way to get you out of the core of the conflict. Only in this way will Zhou Baichuan and the others think that you are just a minor character who was pushed to the front of the stage in the whole incident. This was not planned by you. It is Ruilian that is really hunting them down."

In other words, Ruilian Group took the initiative to help Xiao Yu take all the blame, and then directly confronted Penghui Capital and other investors.

Hearing this, Xiao Yu nodded: "Okay, then I will wait for good news from Ruilian."

There is no doubt that this is what Xiao Yu likes to see the most, and it is the best thing. Ruilian is not given for nothing. He really stands in the front to block bullets and stabilize the situation. He will really take action if something happens.

If Ruilian makes a strong appearance at this time, the entire situation will undergo tremendous changes in an instant.

Zhou Baichuan and other investors' motivation to retaliate against Xiao Yu will be greatly weakened afterwards, because they will definitely believe that the core of the whole incident is not Xiao Yu, but is being hunted down and strangled by the more powerful Ruilian.

In this way, their hatred towards Xiao Yu will be greatly reduced.

Moreover, knowing the fact that Xiao Yu is already protected by Ruilian is a great deterrent to them and can further reduce their willingness to retaliate.

From the perspective of Zhou Baichuan and others, being hunted and strangled by the Ruilian Group allowed them to accept failure with self-consolation to a certain extent. The Ruilian Group was powerful, so it was normal that they could not defeat them. It was not too shameful to say it out loud, and at least they could retain a bit of dignity.

Xiao Yu looked at Wen Suqing and asked, "How does Ruilian Group plan to take over the interests of Penghui Capital? Will it sell them at a low price? Sell them in the secondary market and then take them over? Or some other method?"

Wen Suqing told him directly: "Rui Lian will not come forward directly, but will let Penghui Capital package the non-performing assets and sell them to the designated AMC company at a low price, and then split them up."

After a pause, Wen Suqing added: "Part of it, when the time is right, Ruilian Group will complete the equity transfer through a block transaction, accounting for about 4.5% of Prism Technology's equity, and then increase its holdings by 0.5% in the secondary market to reach the mark and raise the mark for Prism Technology. On the surface, Ruilian only holds 5% of Prism Technology's equity."

After listening to her story, Xiao Yu roughly guessed that Ruilian Group was planning to secretly hold the remaining equity interests through shadow shareholders.

On the surface, the shareholding has reached 5%, reaching the threshold for raising the flag, which makes Xiao Yu feel more at ease. Ruilian's move is equivalent to indirectly indicating that it does not want to seek control of the company, but as a strategic financial investor, this move is obviously to make it easier to enter and exit when cashing out in the future.

This arrangement can circumvent the constraint of requiring advance announcement of share reductions, and disperse the shares to be held by shadow shareholders. If a main body holds no more than 5% of the shares, it does not need to issue a share reduction announcement 15 days in advance as required by relevant regulations when reducing its holdings, and it can cash out and leave the secondary market at any time.

Is it against the rules? Of course it is, but I won’t find fault with it. That’s the reality.

As for Ruilian Group's holding a 5% stake, it is obviously a move to calm the situation and tell others that Ruilian's interests are involved.

……

(End of this chapter)