Chapter 596 Business War

Hearing Zhao Yue ask those companies if they had breached the contract, Annie said, "No, because of such a thing in the company, they have the right to recover the payment in order to protect their economic interests."

Zhao Yue nodded and said, "What about the downstream merchants? Their unilateral termination of the contract should be regarded as a breach of contract, right?

Annie said, "Yes, it is a breach of contract for downstream merchants to terminate the contract before the contract expires, but even if they breach the contract, we don't have much compensation, and they have paid the payment and liquidated damages."

Zhao Yue didn't expect that Liu Chengkang would be willing to spend so much capital. Those liquidated damages must have been paid by him. At this time, the financial staff came in with the materials and said, "Mr. An, all the accounting has been completed. It's all here!"

Annie took it over and handed it to Zhao Yue. Zhao Yue stood up with the material and said, "Let's meet those people!"

Zhao Yue knows that generally speaking, if the payment date is not yet, the supplier will not come to ask for payment, but now the situation is different. Obviously, they have heard the rumor. It is estimated that Anne's company will cross it within a few days, so they hurriedly ran over to ask for money. If Anne's company really crossed, And their money has also been wasted.

The two walked into the conference room and sat directly in the boss's seat. Everyone calmed down when they saw them coming in. Zhao Yue took the materials and said, "Now that our accounts have been calculated, I will arrange someone to check with you. If it is confirmed, we will pay immediately!"

The verification work went smoothly. After all the checks, the staff took them into the office one by one to receive their company's payment.

Zhao Yue asked the first person to sit down, took out the chequebook by himself, and was about to fill in the cheque. The man quickly stood up and said, "Can I interrupt you? Now I know that your company has the strength to continue to perform the contract, so can this collection matter be stopped? You just need to pay the money within the specified time limit."

Zhao Yue stood up and stretched out his hand and said, "Thank you! We also know that you are just protecting your own interests, and it is understandable to come to collect money. We can cooperate further in the future! Just now, when I was at the door, I said that this company was run by my wife. I was afraid that she would be bored at home alone, so I paid some money to open a small company to play by herself. I would never default on the payment. The advance payment has been paid to you. In this way, since you are here today, you can get all the follow-up payments back. Our cooperation should continue, and we will ask for your support in the future."

The man quickly stretched out his hand and said with a smile on his face, "It should be, it should be! Please continue to take care of our business in the future. In this way, I will be the host tonight, and I will invite you and your wife to have a meal."

Zhao Yue shook his head and smiled, "How can I invite you to dinner? We should treat you to this meal. Well, I'll treat you bosses to a light meal at the Binhai International Restaurant at 8 p.m. I hope you can enjoy it at that time!"

The man nodded quickly and said, "Yes, sure!"

One morning, Zhao Yue finally paid off all the arrears, and also invited these people to the Binhai International Restaurant for dinner in the evening. After sending these people away, Zhao Yue and Annie went to the reception room again. At this time, the staff of the three banks had already brought over the completed repayment procedures.

Zhao Yue took over all the procedures and found that there was no problem, so he asked Annie to give them the checks separately and let them verify the authenticity of the checks.

After checking the check, the three people felt that there was no problem. The middle-aged man wearing glasses said, "There is no problem with the check, Mr. An. If you need it in the future, you can also go to our bank. Your credit is still very high!"

Annie said, "Then let's contact again!"

After all these people left, Zhao Yue called Federlow and asked him to reserve a few tables at the Binhai International Hotel to entertain guests in the evening.

Two days later, someone revealed in the newspaper that Yuhua Multinational Group had a fraud in the newly released financial statements, and listed the contents of the fraud one by one. It also said that Yuhua Multinational Group actually had a huge loss. Once the news was announced, it held Yuhua Multinational Group shares. The shareholders of the ticket immediately blew up their nests and sold the shares of Yuhua Multinational Group in their hands, which fell to the limit for two consecutive days.

The main difference between China's limit-up and limit-down system and foreign systems is that after the stock price reaches the limit-up and limit-down, trading is not completely stopped, and transactions at or within the limit-up price can continue until the market closes.

During this period, Yuhua Group issued a statement saying that the newspaper reports were absolutely dirty, the financial statements were true and reliable, and Yuhua Company did not have huge losses. After issuing a statement, Yuhua Group said that they would allocate funds to save the market, but there were several huge shares before they entered the market. The funds entered the trading market of the stock, and a large number of bulk goods were caught in the arms of these stocks.

Yuhua Group hurriedly entered the market to buy idle stocks, competing with these huge funds. As a result, after several consecutive days of limit down, this stock has a limit-up for several consecutive days, and this time will continue to be extended.

The amount of funds in these shares is huge, as if they have endless money. While constantly pulling up the stock price, they are rushing to buy idle stocks. Yuhua Group's liquidity is trapped in a large amount. They want to sell stocks, but they are afraid that the other party will have absolute control equity after a large amount of inhalation.

In the study, Zhao Yue asked, "Lao Fei, how's it going over there?"

Federo said, "He Wen has begun a fierce attack, but now there are not many idle stocks on the stock market, and the two sides are deadlocking!"

Zhao Yue sneered and said, "Didn't Liu Chengkang have a way out for my wife's company? Then let's give him a salary from the bottom of the pot!"

Federo thought for a moment and said, "I understand what you mean, sir! Disrupt the supply of their raw materials!"

"That's right! You do this matter yourself. If you should use the relationship, use the relationship. If you should use money, use money! In a word, don't let them buy any raw materials. Let's see how his company works! After he breaks the raw materials, you go to those dealers and send him the advance payment first. If his Yuhua Company can't deliver the goods on time, you can contact those dealers to jointly take Yuhua Company to court! How long will this take?

Federo said, "It shouldn't take long, right? It is impossible for Yuhua Company to hoard a large number of finished goods. They don't have much liquidity now!"

Zhao Yue nodded and said, "I don't think they are made of iron inside, right? Go to the smaller shareholders among them to see if they can buy their equity. In short, both sides can be carried out at the same time!"

"I understand what you mean, sir! Once we cut off his raw materials, we can withdraw from the stock market, and we should get a lot of them. In case we can't stop their raw materials, we are still ready to acquire the equity of some people inside them, so as to achieve the purpose of holding the absolute controlling stake. At that time, we will convene the board of directors in the name of absolute controlling right. He took over the control of Yuhua Company. At that time, Liu Chengkang repaired him as he wanted!"

Zhao Yue said with a smile, "That's good! That's what I think! Do it."

Fedlow said, "Yes, sir!"

It is not so easy to cut off the materials of Yuhua Company. You should know that for a large multinational enterprise, there is definitely more than one raw material supplier. The world is so big, as long as the price is high, there is always a place where you can buy raw materials. Federlow has been busy for several days and can't block the other party's purchase channels, but this is also Yuhua Company lost a lot of money. They actually secretly released some stocks to relieve the problem of financial constraints, but it doesn't matter. Zhao Yue's biggest shortage is not money. As long as he dares to release it, he dares to accept it.

Federlow finally bought the equity of several minority shareholders of Yuhua Company! Under coercion and inducement, those people had to compromise. These shares, together with He Wen's acquired more than 50% of the absolute controlling stake in the stock market.

A few days later, Federlow took his lawyer to Yuhua Company in the name of owning the absolute control of Yuhua Company and asked for the convening of a board of directors.

The board members of the board of directors of Yuhua Company were shocked. They never thought that the other party had an absolute controlling stake.

Under the absolute holding mode, other small and medium-sized shareholders have actually lost their voting rights and are unable to supervise. In this case, major shareholders often induce opportunistic behaviors, such as the absolute holding parent company using listed companies as ATMs and using related transactions to empty listed companies. The pursuit of private income by major shareholders will directly reduce the value of the company, thus damaging the legitimate rights and interests of other shareholders. Major shareholders may take more benefits for themselves at the expense of the interests of the enterprise, which is also the disadvantage of absolute holding.

At this point, other shareholders of Yuhua Company can only accept their orders. The current chairman automatically leaves the chairman's throne. The company's affairs are decided by Federer. Liu Chengkang is only the president of the Asian region. His departure and stay is only a matter of Federer, which is the real bottom of the pot.

Afterwards, Federlot found a person with ability, experience and qualifications to be the chief CEO, who was fully responsible for the operation of Yuhua Company.

In a teahouse, Liu Chengkang was brought to Zhao Yue by Feidlow. Now Liu Chengkang no longer has the arrogance and self-confidence of not long ago. He is very decadent and has lost a lot of weight. Shuangyang is deep, his eyes are covered with blood, his hair is as messy as a chicken coop, and his suit is full of wrinkles, a pair of Leather shoes are like they have just been fished out of the mud.

(to be continued)