Return to the exciting era of 1999

Chapter 1775 Price Limit Trap
In fact, the history of this group of people's rise to wealth is very disgraceful, and no one expected that this routine could be used in a different way here.

"We can contact these banks and buy the equipment if we can. We will resell it and use local equipment manufacturing to transform it. We can change the name and authorize local processing. No matter what others do, we will still move forward steadily!"

Faced with the madness of Jia Ru and his gang, Ji Donglai remained unmoved.

The upcoming changes will soon expose this kind of cleverness, and Ji Donglai can predict the other party's future.

Hu Xinyu began to operate according to Ji Donglai's requirements, and various orders began to be transmitted back to the headquarters.

Soon this information appeared on Qin Han's desk. Looking at this information, Qin Han's eyes curved.

"I really thought you were doing something abroad, but it turned out to be a scam like this. You are just a bunch of useless people. I thought you were just playing around, or earning hard-earned money. You can't blame me for being stingy. "

Yiyuan Medical has officially started raising funds for its shares, and several domestic investment banks are purchasing corresponding shares. The time for Yiyuan Medical to go public is getting closer and closer.

At Qin Han's command, everyone in the company began to make intensive preparations, and the hunt for Yiyuan Medical officially began.

According to Zhao Shuying's design, the issue price of Yiyuan Medical's stock is 25 yuan, and it will rise to 35 and remain stable for three months.

Normally, four daily limit increases plus appropriate fluctuations will basically determine the stock price.

The market still has great confidence in Yiyuan Medical, which has a Yiyuan Intelligent Manufacturing background. It was very easy to reach four daily limit increases, and the fifth daily limit was during the fluctuation period.

Logically speaking, the big investors responsible for supporting the stock price would start to increase or decrease their holdings appropriately to attract retail investors to enter the market. The result was quite surprising.

"What's going on? Who is capping the stock price?"

"Until 1 p.m., all the market makers, including Dai Fengxian, released as many stocks as the mysterious buyers in the market. Although no one knew who it was, and many retail investors were buying, several people had already seen that a new market maker wanted to come in.

"what should we do?"

The stock price was already over thirty-six yuan, and if they were all sold off, these people would undoubtedly make a lot of money, but it would be very disadvantageous for Zhao Shuying to conduct a secondary moderate share issuance.

After all, no one can buy stocks at a high price. Only when the stock price fluctuates upward will retail investors follow up, and this is a good time to make money.

"Someone has sent a takeover offer, Mr. Zhao, someone wants to be the banker!"

The market was about to close, and the manager in charge of this issuance called Zhao Shuying. The stock price was so strange now that the manager was a little unsure.

In this debt-to-equity swap, Zhao Shuying did not dare to issue too many circulating shares in the early stage. Based on 35%, he issued 25%, or 10 million shares.

By this calculation, the initial share issuance has met the expected requirements.

Now someone is arrogantly trying to become the banker. This is the first time Zhao Shuying has seen this.

"Sell it off, forget about it. At worst we can just continue to issue more shares. The higher-ups have already agreed to that."

Increasing capital and expanding shares, and using the funds for the research and development of TCM big data, is Ji Donglai's established goal. No matter who will be the banker in the future, this requirement must be met. Besides, the company has so many debt-to-equity mortgages that are paid in one yuan.

Zhao Shuying was not worried that the acquisition of a certain number of circulating shares in the market would cause trouble. Following Zhao Shuying's order, the manager began to sell off appropriately.

Even if the manager pushed the stock price down appropriately, it would still be capped by the daily limit. On the fifth day, the situation remained the same, with the stock price hitting the daily limit.

Day six...

On the tenth day, Zhao Shuying was still able to sit back and relax, but Dai Fengxian and his gang could no longer sit still. The stock price broke through 60, which was two and a half times the issue price, and they almost made a fortune.

"Mr. Zhao, do you think we should also release some of the stock price, and then pull it back when the stock price needs to go down?"

"Mr. Zhao, let's sell some of them for now. Don't worry, we will take them back when the stock price drops..."

It is almost a rare tacit consensus that there are always people who can't resist the urge to make money and start selling, but the stock price still hits the daily limit.

This time, not only Zhao Shuying could not sit still, but also the creditors of Yiyuan Zhizao could not sit still. They all ran to Yiyuan Pay to redeem their stocks.

"No, we want our own shares now. The price has almost tripled. We are at a disadvantage. Either you give us more value, or we take the shares back right now."

"That's right, you guys at Yiyuan Zhizao are such bastards, damn it, Ji Donglai, you make money on your own but I don't even let us have a share, and you even give us stocks, otherwise I'll die here..."

A group of shareholders blocked the One Yuan Payment Credit Hall and used all kinds of tricks, but in short, they said: you must return the pledged stocks to us, otherwise you are untrustworthy people.

The stock price of Yiyuan Medical changes every day. Who wouldn’t be tempted?
At this time, Zhao Shuying was also confused. The stock price fluctuated abnormally, and he received an inquiry letter from above. Zhao Shuying knew that someone was manipulating the stock price, but he had no way to judge and could only give an ambiguous reply.

The two markets can only issue warnings about the abnormal fluctuations in Yiyuan Medical’s stock price to prevent retail investors from following suit.

"It's okay. According to the contract we signed with these local tycoons, we will collect their compensation and pay them. Then we will follow the trend to see who is going long on us."

"Also, don't do the additional shares now. Even if these people give all the original shares to the counterparty, we still have the counterparty."

Money must be made, and Ji Donglai is not worried at all about the ownership of Yiyuan Medical.

The purpose of taking it back is simply to make the Traditional Chinese Medicine Big Data project more legitimate, but now the Traditional Chinese Medicine Big Data project has not been officially included.

After discussing with Ji Donglai, Zhao Shuying turned the big data of traditional Chinese medicine into a small technology company, which achieved some success within two years. Then, they used Yiyuan Medical to acquire the company.

This can also push up the stock price, which is also the normal operating procedure for many companies.

So now Ji Donglai is not worried at all, and just lets Zhao Shuying go without any worries. The worst that can happen is that the medical specialist will be riddled with holes.

"Everyone, according to the early redemption requirements, there will be a 15% penalty. In addition, we will no longer accept your stock as collateral, and we will no longer provide you with financial services that pay for one yuan. Please think carefully."

Everyone has pledged stocks worth millions, and a lot of funds were moved during the one-yuan payment stage.

Now that money is flowing back, it is not a bad thing for one-yuan payment.

"Stop talking nonsense. Hurry up and bring out the mortgage certificate. We want the stocks now. Hurry!"

(End of this chapter)