novelraw Chapter 497: V379:
Chapter 497: V379:
In an instant, Liang Shiman and Song Pingjun at the Golden Emperor Hotel were dumbfounded and furious!Feeling the provocation coming from the other end of the receiver, and looking at the setup on the scene, Wang Yikun’s composed demeanor, step-by-step strategic planning, eventually turned into a provocative Q&A session mocking like a product launch.
They finally understood that all of this had been meticulously arranged by Feng Chengjin!
Their hearts were tangled, torn, and hurting.
Their faces felt as if they had been slapped, slapped back!
Liang Shiman couldn’t believe how things had turned out this way.
She had intended to arrange people to tear the matter apart, planning to ruin Feng Yi’s reputation today and trigger stock market instability in the United States, when another phone call came...
Upon connecting, seeing the source of the number on the other end, Liang Shiman’s heart skipped.
It was someone she had placed in the work site of the Securities Regulatory Commission...
And the other party, as if unsurprisingly, revealed an anxious voice, "Miss, what should we do? Vice President Ding and Vice President Yun are too articulate on site, they’re speaking eloquently about regulations and policies, the Securities Regulatory Commission is completely helpless against them, and they seem almost infuriated..."
...
Last night, at dawn.
The exposed conspiracy of Feng Yi and GIO Investment Bank manipulating stocks, committing illegal acts with Junsheng Stocks, led to both companies’ number twos, aside from the CEOs, being taken away.
When Ding Hui, Yun Fan, and even Chen Siming from GIO Investment Bank were brought in.
Initially, Chen Siming was at least cooperative; though not exactly skirting the truth, the situations he described could hardly be cleared of suspicion if measured against the Securities Regulatory Commission’s conclusions on illegality.
But everything changed after a night of hearing interrogations, yawning at dawn, as the scene fell upon Ding Hui and Yun Fan!
Because the time had come.
Yun Fan, as if unable to hold back, scratched his ears and started, "Wait, wait, wait, Vice President Chen, isn’t this the situation with GIO that your president instructed you to explain professionally?"
Chen Si Heng, in fact, could no longer cover up, even if he was articulate, but since their company’s business fell under the direct jurisdiction of the Securities Regulatory Commission, some words couldn’t be said too much or too casually...
Therefore, upon hearing this, he smirked, "So what about Feng Yi on your side, Vice President Yun?"
This exchange set off a bomb in the hearts of all inspection department officials at the Securities Regulatory Commission.
Because Yun Fan swiftly replied with a lazy tone, "Our Feng Yi is naturally without blame!"
"How could there be no blame?" Chen Si Heng chuckled.
Yun Fan began explaining, "Firstly, wouldn’t it be stock manipulation only if there’s benefit looting from retail investors and actual benefit transfer? Speaking of the situation reported in September, firstly, not to mention on September 5, our President Feng sold off in bulk during a high stock holding status, benefiting many retail investors. After the final wave of stock speculation, we held 2.6 billion in Junsheng’s value stocks, which we bought for 3.1 billion. In this tug-of-war, your GIO Investment Bank also suffered a net loss of 240 million. In this wave of stock speculation, we didn’t make money. Has Vice President Chen ever done a losing business in investment banking all these years?"
Chen Si Heng chuckled more deeply, "Never."
Yun Fan then looked at the row of administrative staff at the Securities Regulatory Commission, "And what about you, leaders? Have you ever heard of stock manipulation that doesn’t profit and benefits retail investors?"
Instantly, a row of vice chairmen and staff at the Securities Regulatory Commission twitched their mouths, awkwardly murmuring, "Never heard."
"Since no one’s done it and no one’s heard of it," Yun Fan stood up straighter, beginning to eloquently argue: "Then there’s no problem with the biggest benefit issue of this accusation. Secondly, explaining the motive for the Securities Regulatory Commission’s investigation into us is because someone reported that our President Feng and Mr. He’s Mr. He from Junsheng have a vendetta, maliciously shorting stocks, acquiring large shares of Junsheng with the intent to push it into bankruptcy. But who says acquiring a large number of stocks from another company can only mean ill intent?"
"Are there other reasons?" some investigators on the high seats couldn’t help but frown.
Yun Fan shook his head frequently, "Of course there are. This obviously has other explanations, as our Feng Yi and Junsheng are merging through marital alliance and stock exchange! We are giving a bridal gift to Junsheng, and they are giving dowries to us!"
Poof, this bald-faced nonsense was already getting hard for some to digest.
Inspectors couldn’t resist rapping on the table, "Vice President Yun, please be serious and sincere!"
"I am very serious because it’s well known that Mr. He Qimo from Junsheng and his ex-wife Gu Zixuan had a marriage of convenience due to early discord. In fact, their divorce agreement was signed in September, only pending final property division. At that time, our President Feng happened to meet Miss Gu, and they hit it off, so he intended to marry her. Therefore, Mr. He is willing to reciprocate as a good-will gesture, and everyone can part amicably. However, involving stock and property division creates certain issues."
"Mr. He considered the core control of Junsheng’s main business. If some shares from each company are transferred, it would ensure fair property division for the couple, but definitely cause management inconvenience. Additionally, Miss Gu would have to go through the hassle of attending all the board meetings, and Mr. He’s original shareholding would decrease due to division, causing a loss of ultimate decision-making power, which is detrimental to business operations. So Mr. He wanted to retain all equity of his main business and agreed to give several listed subsidiaries entirely to Miss Gu."
"But..." After a brief pause, Yun Fan faced the entire assembly of securities commission inspectors, "Miss Gu’s side is also inconvenient. She has no interest in managing these things; her need is simple, just marrying and having children. So once she marries our President Feng, these companies naturally fall into our President Feng’s hands. But as all leaders are aware, our Feng Yi is listed on the Nasdaq in the United States, and its real-time attributes are foreign-funded. Our President Feng has no interest in managing the domestic stock market, coupled with non-matching business lines and uncoordinated areas of involvement. Taking over these subsidiaries would also be troublesome."
"Therefore, our President proposed a suggestion to Mr. He, for him to retain all shares of all companies, ensuring Mr. He’s status as the principal shareholder. Given the sincerity of marrying Miss Gu, he would buy some stocks from the market to compensate Miss Gu for her hard work with Junsheng over the years, only requiring Mr. He to promise a doubling in stock value over five years. This way, not harming the fundamental operation of Junsheng, allowing both Mr. He and Miss Gu to hold exceptionally high stakes in Junsheng, enabling everyone to profit, and ultimately making Miss Gu happy, achieving a win-win-win-win outcome. So, esteemed leaders, it’s really not us maliciously shorting Junsheng. Moreover, our President Feng, to prevent massive stock purchase of Junsheng from causing a spike in its stock and suspicions of stock manipulation, and because continuous elevation makes Junsheng hard to acquire, engaged in this huge incurring loss deal with President Yu, knowing full well the risk. He compensated President Yu’s losses from the Nasdaq stock market in the United States. Such law-abiding, determined maintenance of stock market peace, not troubling the leaders of the Securities and Exchange Commission, and rather distressing the U.S. stock market due to patriotic integrity, more importantly, firmly implementing socialist core values, adhering to the principle of seeking welfare for the people, if this is still maliciously speculated, falsely accused, it would really be too unjust..."
In an instant, the leaders of the entire Securities Regulatory Commission nearly spat blood.
Chen Si Heng chuckled without end, if not ultimately for Ding Hui, Vice President Ding, controlling the scene, quickly lowering posture, comforting each leader’s pride.
Who knows, the vice chairmen of the Securities Regulatory Commission might have slammed the table, exclaiming.
’Right, right, right, we’re all fools, we believe the villain’s slander, we don’t understand stock analysis charts, you’re handsome, whatever you say is right!"
...
Consequently, the Securities Regulatory Commission’s venue was turned chaotic by Yun Fan.
The three dispatched individuals, Chen Si Heng being proper and factual, Yun Fan twisting directions with mischief, Ding Hui steadying the stage and controlling the atmosphere, rigorously restraining the investigation scene to seriousness, earnestness, organizational investigation compliance, honest candor, and positive cooperation, with exquisite control!
At this moment, the leaders on the Securities Regulatory Commission’s side were so angry their faces were blue.
Listening to the situation being described over the phone, Liang Shiman felt her heart ache wave after wave.
How could it be like this? This was obviously a large-scale commercial crime that by severity should touch on criminal law! How could they not only not bring down Feng Chengjin, but instead turn the place into their singing praises and currying favor ground?
Further development might lead to them, by noon, sitting at the same dining table, toasting and cheering, turning it into a stepping stone for relationship expansion, a "no acquaintance, no scrutiny" platform?
For some reason, beneath the ashen pale complexion and pounding heart, Liang Shiman felt this possibility was nearly 100%!
Her heart ripped cruelly, tearing to pieces.
Her face felt as if slapped a hundred times over, hurting to the brink of murder.
Worst of all, in the crucial place she thought would not go wrong, the place Feng Chengjin’s company was bound to go for the Securities Commission’s investigation but didn’t, she was just preparing to leave to take control personally when another call came...