I'm in the county town, and you say I'm a big shot?

Chapter 371 Killing the Enemy 1, Self-Inflicted Wounds 8

Chapter 371 Kill a thousand enemies, wound eight hundred of your own

"Brother Yang, why do you keep looking at those people's faces?" the young man who had just been arguing with Feng Jing asked again, puzzled.

His name is Ye Haifeng.

After hearing Ye Haifeng's question, Yang Yongliang sighed and said, "We have to be careful. They are looking for Ding Haibin all over the world. In particular, that Lin Guangmao who claims to have found the skin Fang Qingye who is going to expose Ding Haibin seems to have made no move. But I think he is also a tough guy to deal with."

Ye Haifeng fell silent.

Li Wei felt that Yang Yongliang was exaggerating, but he did not refute it. Instead, he replied, "There hasn't been any major movement for the time being, especially that Fang Qingye. According to our insider, he has been holding no positions since he cleared out his Shanghai rubber futures."

Yang Yongliang didn't say anything more after hearing that.

"Boss, there aren't many opportunities to make money this year, let's not miss them easily." Seeing that none of the others expressed their opinions, Feng Jing still insisted on his opinion.

“Feng Jing’s words also make sense.” Ye Haifeng also stated his attitude: “Zixin Pharmaceutical’s performance is very good. The company is growing rapidly, so there is no need to worry about the stock price falling. It will only be a short-term correction.”

Yang Yongliang remained silent.

Li Wei knew he was cautious, so this attitude wasn't surprising.

But I'm the company manager!
"Let's observe for two more days. If the stock price continues its current upward trend, we can increase our investment!"

Once the leader made the final decision, the others wouldn't say anything more and could enjoy their massages in peace.

Fang Qingye also received a call from Shi Guangrong.

"Qingye, where did you get these emails and documents from?" Shi Guangrong asked as his first question.

"A friend gave it to me, so don't ask too many questions. Anyway, it's real."

Seeing that Fang Qingye's words were vague, Shi Guangrong did not press further but said, "I really didn't expect that Li Wei would go to the A-share market to play around. But to be honest, he has a pretty good eye and actually bought Zixin Pharmaceutical, a hot stock."

"You're wrong. He misjudged the situation. Zixin Pharmaceutical is indeed very popular, but it's a real minefield of a stock," Fang Qingye said leisurely.

"A thunder stock?!"

"Okay, how about this, come to my place tomorrow, and I'll analyze this in detail for you and then come up with a solution."

"Okay," Shi Guangrong immediately agreed.

The solution, naturally, was to deal with Li Wei's Baoying Fund.

After making the call, Fang Qingye didn't rest. She kept searching and organizing information online until midnight.

The next morning, after Fang Qingye got up and went to the restaurant, she had just finished eating and returned to her room when she heard a knock on the door. When she went to open the door, she saw Shi Guangrong standing at the door.

"Have you eaten?" Fang Qingye asked.

"I've already eaten." Shi Guangrong said immediately after entering. "Last night you said that Zixin Pharmaceutical was a bad stock. I carefully studied the company's publicly available financial reports for the past two years and did find some problems."

"Oh, you mean?" Fang Qingye asked as she poured him tea.

"First of all, there is a difference of nearly 2500 million yuan between the company's preliminary interim results and the interim report for the same item, 'Net profit attributable to shareholders of the listed company.'"

"Secondly, the company claims that purchasing wild ginseng is very costly and expensive. I checked the relevant information last night, and wild ginseng from Northeast China is extremely rare now. Where would they find so much for you to buy? I suspect they are lying!"

"Furthermore, the company's profits in the first two quarters of this year showed a straight upward trend, surging from over 25 million to 100 million. The net profit growth rate is so high that it far exceeds that of other companies in the same industry and the industry average. How do you explain this growth?"

Shi Guangrong raised three questions in one breath.

Fang Qingye nodded in agreement: "You're right. In fact, Zixin Pharmaceutical's problems go far beyond these. Let me show you what I've compiled."

Fang Qingye opened her computer and brought up a document with a very eye-catching title: "The Second 'Yinguangxia'! The Mystery of Zixin Pharmaceutical's Financial Report."

The article was a long, densely packed document, which Shi Guangrong read carefully. It pointed out five major mysteries surrounding Zixin Pharmaceutical's financial report:

1. By fabricating downstream customers, operating revenue is fabricated.

Five clients suddenly appeared, placing unprecedented orders with the company. However, these five clients share similar backgrounds and have numerous connections with Zixin Pharmaceutical, raising suspicions.
Second, by fabricating upstream suppliers, operating costs are fabricated.

The four upstream suppliers are similar, and the cash flow circulates between upstream and downstream companies. Through self-buying and self-selling, the listed company has achieved a rapid increase in its performance.
Third, by taking advantage of the opaque ginseng pricing system, asset prices can be "flexibly" adjusted. Zhangzidao is like a "scallop that can move," while Zixin Pharmaceutical is like "ginseng whose price fluctuates flexibly."

Fourth, a profit margin far exceeding that of its peers.
Fifth, the "second-rate" financial data, without any explanation, already reveals its true nature.
“Great, Aoba, all my questions have been addressed in your article. It’s clear you’ve worked in a bank and are quite familiar with financial statements.”

Fang Qingye smiled slightly upon hearing this.

Some of the above content is based on the announcement of the China Securities Regulatory Commission's punishment of Zixin Pharmaceutical for fraud, but most of it was found online.

"Glory, I'm doing all this to detonate the landmine that is Zixin Pharmaceutical, so that it will stop harming people. More importantly, I want to find a way to blow up Baoying Fund as well!"

Fang Qingye revealed her purpose.

Shi Guangrong actually knew Fang Qingye's true thoughts.

Don't be fooled by his gentle and harmless appearance; that's only true for his friends and those who have no connection to him. Try messing with him and see what happens.

Just like this Baoying Fund.

Shi Guangrong pondered for a moment after listening: "Actually, it's not difficult. Publishing your article online will definitely cause a sensation, and the stock price will certainly fall. It's even more likely that the company will be forced to suspend trading to await the China Securities Regulatory Commission's investigation. However, if the investigation is true, the stock price will still fall after trading resumes."

Fang Qingye shook her head after hearing this: "I hope it will hit the daily limit down directly, and for several consecutive days, so that Baoying Fund won't have time to run away. Also, I want to find a way to get them to buy more at a higher price."

Shi Guangrong fell silent for a moment before saying, "Then we'll have to go in too. Once the stock price falls, we'll immediately use large orders to suppress it to the daily limit down, so no one can escape!"

At this point, Shi Guangrong added, "However, this move of ours kills a thousand enemies but injures eight hundred of our own."

If Baoying Group can't escape, they will also lose some funds because they can't escape either.

"What? You can't bear to part with it?" Fang Qingye asked with a smile.

Shi Guangrong laughed and said, "What's there to be reluctant about? We've made so much money working with you these past two years, giving up this little bit is nothing, especially since he's our common enemy."

“Let’s do it! And I reckon that once we go in, Baoying Fund will also add to its position, making them even more vulnerable,” Fang Qingye said with a smile.

"Should we tell Lin Guangmao and the others?" Shi Guangrong asked.

“No, this time it’s the two of us,” Fang Qingye shook her head.

"This time they definitely won't be able to kill Baoying Fund. At most, they'll be half-dead. Then it'll be their turn to step in and finish them off completely!"

The two then discussed some details about entering the venue.

"Qingye, are you going to publish this article yourself? Or find a reporter? I know some." Shi Guangrong remembered another question.

Finding a reporter is like Baoying Fund finding Ding Haibin.

Fang Qingye pondered for a moment: "Forget it, I'll post it myself. I'll post it anonymously on Tianya Forum. Can you find some online trolls to repost and hype it up to quickly increase its popularity?"

"Sure," Shi Guangrong readily agreed.

Tianya Forum is still quite popular these days, and its finance channel is full of all sorts of amazing people.

"Well, let's split up!"

(End of this chapter)

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