1993 Glamour at a Glance

Chapter 287
Han An is a smart man, he chose not to say anything.

He knew that as long as he didn't say anything, he could give Ke Yusheng and others a chance to make his problems as small as possible.

The people in Xiangdao are not stable now, as long as the problem of Huaguo Real Estate does not break out, Yanjing will not make a big fuss in Xiangdao.

"Don't take chances."

Opposite Han An, the two staff members frowned.

"It's just an internal investigation of the organization, but based on the information we already have, your case is enough to be handed over to the judicial department." One of them said again, "Han An, don't we need to emphasize the lenient regulations for confession?"

"Two leaders." Han An still replied calmly, "There are indeed many hidden dangers in Huaguo Real Estate, but that is mainly due to the general environment. I went to London to find a solution to the problem. I don't know why the organization should So nervous."

"Let's not talk about the rest." A British Overseas Citizen passport was placed on the table, "Who issued this for you? Does it need to be emphasized?"

There are six types of passports in the United Kingdom. In addition to the Royal Passport and National Passport, there are Overseas Territory Passports, Overseas Citizens Passports, Overseas National Passports and Protected Persons Passports.

Overseas national passports are just a borderline. They have no permanent residency and political rights, and they cannot work in the UK. They can travel to the UK without a visa and stay for no more than one month.

In Xiangdao, millions of people received overseas national passports before the reunification. This is a disgusting tactic.

However, the significance of overseas citizen passports is extraordinary, and they enjoy certain political rights in the UK.

Hua Guo does not recognize dual nationality, and the current Han An has actually violated this rule.

After a moment of silence, Han An said: "This is also for work, and it was given to me by other shareholders so that I can communicate with the British headquarters more conveniently."

"Han An, you haven't settled abroad, and you haven't applied for it. This nationality will not be recognized." The staff stared at him, "But your current behavior has seriously violated the organization's regulations. Only this one , you don’t have to be lucky anymore.”

"If that's the case, I admit it."

Han An looked like a dead pig not afraid of boiling water.

Now that he has been brought to Yanjing, he has no hope of keeping his position.

However, he had to keep the funds that he had secretly transferred out for the rest of his life, as well as his family.

As long as the problems with Huaguo Real Estate didn't erupt all the time, or even put the blame on him alone, he wouldn't be in danger of his life.

Regarding business operations, and in a place like Xiangdao where good and bad people are mixed up, who dares to pat their chests and guarantee that there will be no mistakes or losses?

In a word, unless there is conclusive evidence that Han Sheng did it deliberately, there is no way to convict him, at most it will be punished within the organization.

In the future, if you return to the treatment of ordinary people, what is it?
"It seems that you have nothing to fear." The staff looked at him with complicated eyes, "Did you underestimate the determination of the organization and think that Xiangdao must put the overall situation first? It's just a Huaguo home, but it can't be called It's about the overall situation!"

Han An was shocked, but still frowned: "I don't think so. I have been an executive director for five years, and I have worked hard. I believe the organization will give me a fair evaluation."

"That's it? Work hard?" The staff member pointed to the passport in front of him, "I'm out of my mind!"

"I've said this, it's for work, just for convenience. Sometimes there are so many things to do, you can't stay in the UK for a month and then go back to Xiangdao."

"Hua Venture Capital, especially the team in Xiangdao, is rotten from the root." The staff said coldly, "I tell you not to take chances, it doesn't matter whether you believe it or not. It doesn't matter when the comprehensive audit and joint investigation team arrives. , How many problems do you have, wait until they are found out. Severe punishment is necessary for not cooperating with the work, and this is also the opinion from... "

When Han An heard him say that name, his heart sank suddenly.

Things have been noticed there?
……

The financial tsunami came as expected, and the problems of the financial system accumulated over the years of rapid development were far greater than Han An imagined.

Now it's time to solve the problem, and the impact of this financial tsunami on Xiangdao and the mainland is far more severe than Han An imagined.

This is a month that makes many ordinary people in Xiangdao feel dark and depressing.

The stock market and property market all began to fall at an alarming rate.

13000 points, 12000 points, 11000 points... The Xiangdao stock index just keeps falling every day, and it is about to touch the key position of 10000 points.

Just like what happened in Thailand, Xiangdao was first attacked by the foreign exchange market.

On this day, the short selling of Xiangbi suddenly intensified.Almost at the same time, Bay Island also announced the abandonment of the first exchange rate, and the pressure on Xiang Island increased sharply.

However, the main direction of attack is the stock market.When a large amount of money was invested in the foreign exchange market for defense, the stock market ushered in a series of violent attacks.

First, it plummeted by more than 1200 points in one day, and then by more than 1600 points in another day. The Hong Kong Island stock index fell below the 9000-point mark.

The first thing to keep is the exchange rate. The stock market seems to be less important than the exchange rate and can be abandoned.

In a short period of time, from more than 16000 points to more than 8000 points, the halved stock market fully reflects the ferocity of this financial tsunami.

At this time, Huaguo Real Estate encountered a company's placard: Qingyang Consulting.

It's just that he has already held more than 5% of the shares in the secondary market alone, nothing else, let's make it public.

But Song Yang officially surfaced.

Liang Chengwei made a phone call: "It turns out that your real target is them..."

Song Yang couldn't help but laugh: "Director Liang, you are too nervous."

"I'm worried every day." Liang Chengwei sighed, "I fell too hard... Mr. Song, I wonder if you still have the energy to help protect Ichigo?"

Knowing that Song Yang didn't really mean to attack Aigao Electronics, Liang Chengwei immediately became rude.

"Aren't you afraid that I'll do the real thing?" Song Yang asked with a smile.

"... To be honest, I can't care less."

Today is not what it used to be, and the market is overwhelming.After all, Song Yang is still an acquaintance who has dealt with him many times, and Liang Chengwei can only think about it.

"The best way is obviously a private placement." Song Yang grinned suddenly, "Let Sanyou Electronics come forward for a strategic cooperation. Director Liang doesn't have to worry about the operation, just sign a person acting in concert."

"Is it really possible to sign?" Liang Chengwei was surprised.

"We're already partners, Director Liang, you're so suspicious."

Liang Chengwei was relieved now, and quickly communicated the general direction, and went to plan this matter.

The main direction of Sanyou Electronics is originally DVD, and Liang Chengwei can just worry about the VCD market.

As for the future, the days are still long.Liang Chengwei could be forced to jump off a building later, how could he not have a chance to integrate?

Song Yang communicated with Duan Ping, and then continued to work on Huaguo Real Estate.

When Yue Huimin came over, he first looked at Song Yang's main funds.

"What's the situation in South Korea now?" He felt that these dense numbers were too difficult to understand.

Shi Youming's eyes have been bright for a few months, and now they are even brighter, like a greedy wolf: "The external debt is more than 1000 billion US dollars, but the current foreign exchange reserves have dropped to less than 300 billion. Now, every day, we are paying 10 billion dollars. The speed of the billion-level decline. South Korea's distance from the country's bankruptcy is already calculated by the day!"

Song Yang added with a smile: "In last year's financial report, Samsung's debt ratio was 267.1%, Hyundai's was 436.7%, and LG's was 346.5%. This stop to South Korea is the real goal of those European and American capital deployments for many years. Compared with the potential of big consortiums, what is that bit of wool in Thailand?"

Le Huimin's mouth was dry: "Then we..."

"It's not for us." Song Yang said bluntly, "If you don't have that level of strength, just drink some soup."

I still remember the movie "Day of National Bankruptcy" made by the Koreans themselves. This time, the depreciation of the Korean won was extremely exaggerated. Even Soros only drank the soup. The real meat eaters are those who have since held a large amount of equity in the Korean conglomerate. capital.

But this soup is delicious enough.

"How much can you earn?" Le Huimin also looked at them with bright eyes.

Shi Youming didn't have a clue in his mind, and Song Yang also wouldn't say much: "We'll know in two months. What's the situation with Huaguo Real Estate now?"

"After Han An was taken away, it was extremely chaotic." Le Huimin barely turned his attention back, "The trading was suspended for half a month, and after restarting trading, it has fallen into a junk stock. Why should trading be resumed in this situation?"

"Didn't the Stock Exchange stipulate that it should not exceed 20 days?" Song Yang sneered, "If it continues, some people's schemes will not be realized."

"Then... we'll see the outcome in a few days, right? Now that the deal has resumed, it's impossible to sit back and watch the situation continue to deteriorate."

"Of course, the [-]-day special audit investigation has at least a preliminary result."

Already already grasped a lot of information, now it is just a more explicit investigation and evidence collection internally in the name of publicity.

"The resumption announcement means that the executive director has made a major business mistake, and a new executive director has been appointed, and the shareholders' meeting will be held soon to review the company's business strategy." Le Huimin asked, "This new executive director, Guan Bonian, is planning to How to deal with it?"

It's not easy for Le Huimin to ask about the "tacit understanding" between Song Yang and Yanjing. Thinking about such a big incident, Song Yang will not do wasted efforts.

"No matter what, the new general meeting of shareholders is eligible to attend." Song Yang replied with a smile, "We have to fight face to face. Whatever HSBC and Standard Chartered are planning to do, and how Hua Venture Capital is going to deal with it, we will decide if we go there." Know."

……

Ke Yusheng has not been at ease for more than half a month.

There was no news from Han An's side, but the audit and investigation team arranged by Hua Venture Capital had been busy for a long time, and they also asked the other directors a lot about the situation in a friendly manner.

Behind the politeness, there is obviously no cover-up of internal problems by Hua Venture Capital, and it is not completely controlled by Hua Venture Capital.

Shouldn't major issues be reduced to minor ones, and win the support of the upper management of China Venture Capital?
Ke Yusheng didn't understand that Yanjing wanted to ensure the quality of Huaguo Real Estate to express its determination not to give up on the Xiangdao stock market.

At this moment, with the support of the mainland, the Xiangfu Council has not personally intervened in the stock market.

The so-called free market, how can there be any reason for the government to intervene in person?

But after the resumption of trading, the new executive director arrived, and an extraordinary general meeting of shareholders had to be held.

The original shareholders had to attend, and Song Yang, who had already raised his placard, would also be there. As long as the shareholders held a certain percentage, they were eligible to attend the meeting and express their opinions. Even some major creditors of Huaguo Real Estate had the right to come.

Thinking of the messy situation, Ke Yusheng had a headache.

If Han An had just "disappeared", then the matter could have been negotiated at the boardroom, and now it seems to be out of control.

It was Song Yang who confused Han An the most.

He didn't make any acquisition offer, it's just over 5%, what acquisition?Can't it just be a long-term investment behavior?

But Ke Yusheng knew that things were not that simple, especially after Guan Bonian invited Song Yang into the office for an interview.

In the conference room, the representatives of the other minority shareholders were a little excited.

"What major business mistake, are you manipulating stocks? Lao Fang jumped off the building!"

"We have a right to know the details!"

"After the resumption of trading, it is still falling. What is the plan to improve the performance again?"

Cutting off people's money is like killing their parents. Some people who originally held Huaguo Real Estate heavily in order to avoid risks did not expect that Huaguo Real Estate would fall worse than other stocks.

There are quite a few shareholders in the conference room who attended the EGM, and everyone is angry about the investment that has lost all their money.

Song Yang sat quietly at the table, already having a bottom line in his heart.

All the directors of the Huaguo Real Estate Board of Directors were present, and Guan Bonian sat in the middle and presided over the meeting.

After announcing the number of shareholders present at the meeting and the total number of shares with voting rights held by them, Guan Bonian said: "The first thing I want to disclose to all shareholders is the internal audit and investigation of Han An, the former chairman of the board of directors and executive director. result."

Led by Han'an, with the participation of a third-party accounting firm, Horwath, Huaguo Real Estate has obtained more than 5 million funds from various informal channels in the past three years through equity pledges, asset mortgages and other methods. The coin is huge.

And these funds have made financial investments through many financial markets such as New York, London, Tokyo, etc., but suffered serious losses.

Hearing the current actual debt scale and debt ratio of Huaguo Real Estate, the representatives of the minority shareholders immediately exploded, and there was a lot of noise at the meeting.

"Everyone!" Guan Bonian said loudly into the microphone, "With regard to Han An, Horwath and the company's financial team, the law will give a fair treatment. Now that everyone is a shareholder of Huaguo Real Estate, we should work together to support Board turn around!"

"How to reverse it?" A small shareholder really looked at the other old directors, "Is Han An the only one involved? The other directors and management of the company are all right?"

Ke Yusheng frowned and looked at the independent director nominated by Standard Chartered.

Sure enough, the fire burned over.

"The first thing to solve is the debt problem." Guan Bonian said with a headache. "Regarding this, the board of directors' plan must first agree on debt-to-equity swaps or a directional issue of new shares, or a combination of both. Secondly, in order for shareholders to The company's future is more confident. The re-election of the board of directors and the company's management, the proposal on the appointment of a new accounting firm, and the annual business plan plan are also going to be carried out. The agenda is coming one by one. Please be safe. Don't be impatient."

They are already on board, what can representatives of minority shareholders do?I can only curse and wait to hear.

Their voting rights are so insignificant that they add up to nothing.

Fortunately, now that I have been open and honest, I can feel more at ease if I can listen in.

Ke Yusheng listened to Guan Bonian's investigation report just now, and his heart sank a little.

The words are not clear, but some of the debts, especially those related to Horwath, are already hinting at HSBC and Standard Chartered.

If we talk about the shares subscribed from the secondary market, financial derivatives, and the claims they control, then in front of so many shareholders, it is confirmed that HSBC and Standard Chartered also participated in the previous scandal and wanted to use this to seize Huaguo. Suspicion of property ownership control.

If the debt-to-equity swap is agreed, unless those creditors agree to convert the debt they own into shares, they are optimistic about the future of Huaguo Real Estate.

But how many people are still willing?How long will it take for the shares to turn into dividends, so that they can return the money to HSBC?

Now that everyone is watching, Ke Yusheng can't guarantee that those people will really listen to him.

As for the private placement, HSBC and Standard Chartered can still take the initiative to subscribe, and fill in the holes for themselves?
Ke Yusheng looked at Song Yang who had been quiet all this time, feeling aggrieved.

How much debt does he own now?

If he is willing to swap debt to equity, and others are not, plus the private placement, then Song Yang may own a lot of shares at once.

Sure enough, several major creditors related to HSBC and Standard Chartered have already cashed out some money before, and now they just want to leave the market as soon as possible; they were originally under the direction of Ke Yusheng and others, but now that they have not expressed their opinions, they are also worried. Shocked, expressing that he wants to get the money first, at least the principal.

"Are there any other creditors who want to make comments?" Guan Bonian asked.

Song Yang finally coughed and said, "On my side, I have 7.2 million creditor's rights. Of course, if you count the more than 6000 million off-plan properties owned by Huaguo Real Estate on the Giant Building, it is 6.6 million."

All the audience was shocked, and Ke Yusheng looked at him in disbelief.

What is the concept of 7.2 billion?
How can there be so many?
The representatives of other minority shareholders immediately lifted their spirits.

This is coercion!
He has already held more than 5% of the shares in the secondary market, and has acquired so many debts. How determined is he to Huaguo Real Estate?
Song Yang is not the management of Huaguo Real Estate, so the previous incident naturally has nothing to do with him.

Of course, whether it is possible to participate in suppressing the stock price of Huaguo Real Estate, the representatives of minority shareholders are now powerless to entangle with this matter.The most important thing is that Huaguo Real Estate's stock price can rise back, allowing them to make up for their losses.

Song Yang asked with a smile: "If I agree to the debt-to-equity swap, will the board of directors accept it?"

(End of this chapter)