Return to the exciting era of 1999

Chapter 1776 The Bloodshed of Capital

"Little bastard, do you still want to take over Allah's things?"

"Son of a bitch, bring it here..."

The bigwigs from all over the country were banging on the table at this time. The clerk glanced at everyone and then started calling numbers.

The people who cried poor last time and insisted on mortgage their property now have bank cards and passbooks flying in their hands, swear words and dreams of getting rich. It is as exciting as it can be.

A 15% return on the funds for a dozen small goals is as impressive as it can be. Even the Buick has been exchanged, and the stock has been immediately changed.

"Boss Ji, these people all went to Keyb Trust's bank to get stock mortgage loans. This is the original contract. It seems to offer many benefits, comparable to ours, but in fact it is full of traps."

"According to this contract, the mortgage customer must ensure that the share price of Yiyuan Medical does not fall 15% below the mortgage price within one year, otherwise the repayment service will be automatically triggered."

"The original stock holders must compensate for this loss and purchase all the stocks at the mortgage price. The bank has an automatic deduction function. If the mortgagor fails to redeem the shares on time, the bank has the right to use financial rights to deduct the savings of the mortgagor and his spouse, children and parents, including financial management, not limited to pensions."

“Physical assets are also taken into account… In short, on the surface, the creditors have gained huge benefits from this contract, but in fact, they are already deeply trapped in a vortex of debt.”

"We have only interpreted these contents from the obscure terms for now. We have not yet interpreted the 30 pages of privacy and ownership policies. If we interpret these contents, it will probably be unfriendly to the mortgagees."

"Of course, there is also a most important clause here. The mortgage tax has just taken effect within half a month, and redemption is not allowed. If forced redemption is triggered, Article 5 of the compensation clause will be triggered, which means that the difference will be compensated according to the middle price of the mortgage price and the stock issue price. If it cannot be fulfilled, redemption is not allowed."

"Stock holders cannot redeem their shares. The bank has the right to seize all the shares and take possession of them!"

The economic lawyer from Zhonglian Law Firm looked at the stock mortgage agreement of these shareholders and began to interpret it line by line. Ji Donglai probably understood it.

The core meaning is only one, the mortgagor must help Yiyuan Medical maintain the current stock price, or even higher. If it fails to do so, the mortgagor will face huge compensation, the kind that will make him lose his pants.

"It's so cruel, tying the stock price to the original holder, so finance can be played like this?!"

The first time Ji Donglai came into contact with this kind of financial game, he felt both excited and scared.

The seemingly ordinary accumulation of characters requires a professional lawyer just to interpret, let alone understand.

People say it’s easy to be a shareholder, but what do you think now?
"This was originally a clause on Wall Street to restrict big short sellers. It was used in Hong Kong a few years ago, then in Kaohsiung, and then in Southeast Asia. Now domestic commercial banks are also gradually introducing it."

"But this clause doesn't seem to be very effective. Since 2008, there have been more and more restrictions on financial institutions, but these people are still the richest in the market."

"Boss Ji, should we remind the shareholders of our company? After all, they are theoretically the original shareholders of our company."

The lawyers sorted out the information, gave Ji Donglai some basic knowledge, and then began to give advice based on professional ethics.

"You can give it a try. If they can listen to me and even not beat you, I think you can ask the gods to give them food. If nothing unexpected happens, someone will cash out in a few days. How cruel!"

Ji Donglai waved to the lawyer, hung up the phone, and walked to the window with slow steps.

Looking at the darkness outside, it seemed as if I saw the darkness in people’s hearts, the kind that could devour everything.

Ji Donglai seemed to understand some things, but what could he do? Ji Donglai had no way to stop it. It turned out that Ji Donglai's worries were true. Three days later, the share price of Yiyuan Medical began to decline and began to hover around the mortgage point of all shareholders.

Three days later, the stock price plummeted, falling by 10% from the mortgage price.

"What's going on? It's impossible. Our stock price was so high a few days ago. How could it fall? Someone must have made a mistake..."

"Change your mother, what's going on?"

"My money, you bastard, Ji Donglai is cheating us, I won't let him off..."

Seeing the stock price plummet, these people began to panic, and many of them directly pointed the finger at Ji Donglai and Zhao Shuying.

The next day, the stock price continued to fall, and this group of people received information from the bank almost at the same time. If the stock price continued to fall the next day, this group of people would have to start paying compensation and unbinding.

"Zhao Shuying, come out, you bunch of scoundrels..."

The first time they made trouble they worked, and this time the group found Zhao Shuying again and started making trouble, but this time Zhao Shuying ignored them at all.

When I was discussing cooperation with these people, the promised share price was 35 yuan. Now it is almost 78 yuan. Only someone would take it.

Now Zhao Shuying is doing things according to Ji Donglai's point of view: finance only serves the physical manufacturing, and does not care about the rest of the time.

"Everyone, there are only two options now. Either we set up a stock committee ourselves, raise funds to push up the stock price, and then wait for half a month, redeem the stocks, and then do whatever we want."

"Otherwise, we will lose money to the bank. In the meantime, we can create some market and attract retail investors. Besides, Yiyuan Intelligent Manufacturing is a golden brand. We can fluctuate the stock up and down to attract retail investors."

Some people finally couldn't sit still anymore as they didn't get any benefit from Zhao Shuying, and one of the shareholders started to make an initiative.

These people are not poor, they all want to make a lot of money.

When the compensation clause is triggered, someone will naturally settle accounts with these people. Many people are dumbfounded when they see the result. Once compensation begins based on the current stock price, the bank interest generated by the cashed-out funds of this group of people will not be able to cover the cost at all.

The best way is to negotiate with Yiyuan Medical and stabilize the stock price, otherwise no one can bear it.

Zhao Shuying had only one attitude: We will only charge 35 yuan, you can charge as much as you want. And you broke the contract with us at the beginning, and now you want us to cover the loss? No way.

In the end, this group of people pooled a large sum of money on their own and started to cover the losses frantically.

"Hahahaha...you bunch of idiots, do you really think it's so easy to make money from us? What's our average entry price?"

Qin Han sat in front of the big screen, watching the numbers gradually jumping on the screen, his eyes full of smiles. Qin Han had tried this method many times in the market, and it was basically successful.

"The average price is 52, the average shipping price is 75, the profit is 23%, and the added value is 44%. The brand of Yiyuan Zhizao still has a good appeal in the market, and it has not collapsed!"

The trader in charge of the operation looked at the data analysis chart on the big screen with disbelief in his eyes.

(End of this chapter)