Rebirth of the Financial Crisis Sweeping the World

  Chapter 173 173 The two big guys were forced to compromise, and the winner has a black shirt insurance!

  After talking with Chu Jianming on the phone, Wang Guanxi said: "Mr. Chu, let's rest assured, leave everything to us!"

  On the phone, Chu Jianming said: "Well, we will sign the contract later, but I said in advance that you bought the equity in my hand, and the lawsuit with the good credit company is your business."

  He first mortgaged the 60% equity of Convoy Global Insurance Company to Get Good Credit Company.

  Now he has sold his equity to the black shirt insurance company, which is not compliant.

  But there is a buffer.

  Because forming a good credit company is a fraudulent loan. In short, it is very complicated.

  And the equity that belongs to him is indeed still in his hands, and the execution period has not arrived.

  However, it is necessary for the Black Shirt Insurance Company to file a lawsuit with the Get Good Credit Company.

  Ending the call, Wang Guanxi opened the mouth and said: "Mr. Huang, I will leave it to you."

  "Yes, BOSS" Huang Shaokai called Liu Zhonglun, the chairman of Heishan Legal Co., Ltd., consulted, and then called Chu Jianming and said, "We will sign another legal document."

   "Okay, no problem." After thinking about it, Chu Jianming said: "We will sign the contract quietly at night, don't let anyone know that I want to cheat those two bastards."

   Then he briefly explained the whole process of his being set up.

  Galaxy Entertainment Group and Get Good Financial Group have been suppressing the share price of Convoy Global Insurance Company, so that the company’s market value has been shrinking, and then it is easy to take his company away at a very low price.

   But now, Chu Jianming is going to fight back against them.

   dealt with these two **** fiercely, so that they also suffered heavy losses.

  The specific operation process is to let Galaxy Entertainment Group and Get Good Financial Group continue to sell stocks on the stock market, and then let the black shirt insurance company absorb stocks at low prices.

  In order to prevent Lu Yinhe and Hong Tianwen from discovering it, the transaction with the Black Shirt Insurance Company must be held at 12 o'clock in the evening, which is a little more secretive.

   Then Lu Yinhe and Hong Tianwen died in the pit on the second day.

  He originally had a very good relationship with Lu Yinhe and Hong Tianwen, but the two **** joined forces to set up a game for him. If you pit him first, don't blame him, Chu Jianming and the others.

   "Okay, then sign at 12 o'clock in the evening." Huang Shao smiled and said, "Thank you Brother Chu for your cooperation."

   "Haha, as long as you make Lu Yinhe sick to death, Hong Tianwen's two **** will be fine." Chu Jianming suddenly felt the pleasure of revenge.

   Then Huang Shaokai left, and Chu Jianming pretended to lose his temper at the company, giving people a feeling that the situation was getting worse.

  This is specially used to paralyze Lu Yinhe and Hong Tianwen!

  At 12 o'clock in the evening, everyone signed the contract.

  Blackshirt Insurance Company paid 350 million Hong Kong dollars to Chu Jianming, and obtained 40% of the equity, totaling 400 million shares. The lawsuit was between the Blackshirt Insurance Company and the Jiehao Credit Company.

  The next day, August 20, Wednesday, morning, the stock market did not open.

  At this moment, Lu Yinhe and Hong Tianwen are drinking morning tea in a villa, relaxing.

  Lu Yinhe asked: "Lao Hong, will Chu Jianming honestly sell the company to us this time?"

  This time the two of them jointly set up a bureau, pitted Chu Jianming, took the company at a very low price, and then made up for the loss.

  This Chu Jianming is simply a bastard. He actually caused such a big loss to Convoy Global Insurance. They also suffered a lot as a major shareholder.

   immediately turned his face with Chu Jianming and pitted him.

  However, he was still a little worried that Chu Jianming jumped the wall eagerly, and continued to resist and toss on.

  Hong Tianwen took a sip of the tea ceremony: "Brother Lu, don't worry, Chu Jianming can still bounce for 3 days at most.

  At that time, we can take the company forcibly, and he must agree or agree, and he must agree if he doesn’t agree."

  "The current price is 200 million, and the price after three days is 100 million"

   "Let him consider these three days, we will continue to suppress the stock price and make the stock price lower"

  Lu Yinhe nodded and smiled: "This time Convoy Global Insurance Company is ours."

  Hong Tianwen confidently said: “Of course, it’s a sure thing.”

   "At that time, our two companies will each hold 50% of the shares"

  The employees of their two group companies, as well as the employees of some cooperative companies, have bought the insurance of Convoy Global, and the future income can be captured by the two of them in their own hands.

   "Good!" Lu Yinhe looked forward to it very much.

  The stock market opened, and the Black Shirt Insurance Company took a shot and bought the shares of Convoy Global Insurance Company in the market.

  Retail investors are still selling, and after forming a financial group, Galaxy Entertainment Group is still suppressing stocks, but was frightened by the sudden anger of funds.

  Someone is scanning a lot of goods!

   Soon a large number of selling orders were eaten up by the Black Shirt Insurance Company, and the stock price rushed from 0.5 yuan per share to 0.9 yuan per share.

  Selling stocks of retail investors who have been tortured for many days.

  But the black shirt insurance company is still scanning the goods!

  The stock price continued to rise, and continued to rush, until the stock price rushed to the 0.9 position before it stopped.

  But retail investors are selling again.

  The stock price fell again!

   fell to 0.5 yuan again!

  The black shirt insurance company makes another move!

  The stock price has been pulled from 0.5 yuan per share to 0.9 yuan per share.

  Black Shirt Insurance Company bought 100 million shares, and the position of each share was 0.7 yuan per share, which cost 70 million Hong Kong dollars.

  Now Black Shirt Insurance Company holds 500 million shares and controls 50% of Convoy Global’s shares.

  The market closed just in the morning.

  At this moment, the headquarters of the black shirt insurance company and the office of the president.

  Wang Guanxi and Chu Jianming drank tea and said with a smile: "Mr. Chu, you go to the shareholders meeting of Convoy Global, authorize you to go."

   "Okay, no problem, let me also see what the faces of the two **** Hong Tianwen and Lu Yinhe look like"

  Hong Tianwen and Lu Yinhe joined forces to set up a bureau for him, and then he cooperated with the black shirt insurance company to set up a bureau for these two bastards.

  So in the afternoon, the general meeting of shareholders.

  Chu Jianming stood alone in the center of the conference room and announced that he controlled 50% of the shares, which actually exceeded 50% by a little bit.

The representatives of Hong Tianwen and Lu Yinhe, as well as Ma Zai, were all dumbfounded.

   Then Chu Jianming first expelled the company’s management and those who betrayed from the board of directors.

   Then announced that it would privatize Convoy Global Insurance Company, but it was strongly opposed.

  Rhythm Chu Jianming announced its delisting!

  This time, he can toss as he wants at the shareholders meeting!

  Hong Tianwen and Lu Yinhe both arrived.

  Unexpectedly, this Chu Jianming suddenly turned over. Obviously he found money, but controlled 50% of the shares, what can he do?

   still owes a 500 million Hong Kong dollar loan to Get Good Credit.

  Get it back soon!

  In the end, everyone quarreled all afternoon at the shareholders meeting.

  In the afternoon trading, the share price of Convoy Global Insurance Company continued to rise and finally settled at 1 yuan per share.

  Now the Black Shirt Insurance Company wants to privatize Convoy Global Insurance Company, but the market price will continue to rise, which will increase the cost of privatizing Black Shirt Insurance.

  And Get Good Credit will also sue the Black Shirt Insurance Company and Chu Jianming.

  This lawsuit is very detrimental to the black shirt insurance company.

  But in the end, everyone still sat at the negotiating table. Wang Guanxi did not attend. They were all Ma Zis.

  Wu Zhankun, Huang Shaokai, Zhang Youde, Mu Honglie, Chen Xuezhen, Wei Weicheng, Wang Juehao, Kawauchi Yuuji, Ogura Go, Huang Jiajiang, this side controls 50% of the shares.

  The other parties are Hong Tianwen and Lu Yinhe. They actually bought a lot of shares from minority shareholders, plus their own holdings, they control 40% of the shares.

  Hong Tianwen and Lv Yinhe did not expect the Black Shirt Insurance Company to come out halfway and **** their fruits.

  Moreover, this Chu Jianming is really not a thing. He actually got together with the black shirt insurance company, let the black shirt insurance company scan the goods in the market, and then hold the company.

  Now the Black Shirt Insurance Company holds more than 50% of the shares and has the absolute right to speak in the company. They also suffered a big loss this time.

   has been busy, working hard to set up a situation to deceive Chu Jianming, pledged 60% of the shares of Convoy Global Insurance Company, loaned 500 million Hong Kong dollars from Get Good Credit Company to HSBC, and then smashed the stock price.

  At the same time, tie a good credit company to draw a loan from Convoy Global Insurance. If the loan cannot be repaid, the loan agreement must be enforced.

   Take away 60% of the company’s equity, or convert debt into equity.

  Or forcing Chu Jianming to sell the company as a whole to them at a price of 200 million Hong Kong dollars.

  Then recover part of the previous losses caused by Convoy Global’s huge losses.

  So their purchase price is as low as possible.

  Just as they were about to succeed, they were cut off by the black shirt insurance company.

  It just made them angry. The two men yelled at the ten representatives of Black Shirt Insurance in the negotiation meeting!

  After they scolded for half an hour, Zhang Youde said: "Mr. Hong, Mr. Lu, this is the end of the matter, let's talk about the price and cancel the lawsuit against the black shirt insurance.

  We can give you a purchase price of 0.8 yuan per share, 400 million shares, which is 320 million Hong Kong dollars"

  Black Shirt Insurance Company now owns 50% of the shares and absolutely controls the company.

  But now the company still owes a loan of 500 million Hong Kong dollars in credit, which is about to be enforced.

  However, the stock price has rushed to the 1.00 position. According to the agreement, Kai Hao Credit Co., Ltd. has no conditions to enforce the control of Convoy Global.

  Hong Tianwen said coldly: "Impossible, I do not lack this little money. Our 500 million Hong Kong dollar loan will be debt-to-equity swap. According to the agreement, this 500 million Hong Kong dollar loan will be obtained..."

  He didn’t finish his words, but Wu Zhankun interrupted: “Mr. Hong, we can borrow 500 million Hong Kong dollars to repay you immediately. There is no need for debt-to-equity swaps.”

  Lu Yinhe said: "The equity trading between your Black Shirt Insurance Company and Chu Jianming is illegal. These equity shares have already been pledged to Get Good Credit. You are also suspected of manipulating the stock price. We will continue to prosecute."

  Two of them, one is the chairman of Get Hao Financial Group and the other is the chairman of Bank Entertainment Group.

  Giehao Financial Group has a market value of more than 15 billion Hong Kong dollars, a diversified investment group, and group companies that control more than 50 billion customer assets, and it has many subsidiaries.

  And the banking entertainment group is the dominant player in Hong Kong's gaming industry, with a market value of more than 25 billion Hong Kong dollars. The Lu family is even more prominent and prominent.

  Today, I never expected that a little-known insurance company, the black shirt insurance company, pulled a **** on the head, and it made the two of them unable to swallow this bad breath!

  Huang Shaokai smiled and said at this time: "The execution period has not arrived, Mr. Lu, this is also a legal transfer. This is a legal issue that has been transferred to our black shirt insurance.

  If you want to go to court, we will accompany you to the end.

  Fighting a lawsuit also consumes each other. Even if you win, the control of the company is still in our hands.

   Compensate you for some losses at most, so let’s talk about the purchase price."

   "Two gentlemen, it's useless for you to stop it. Convoy Global Insurance's articles of incorporation will be revised, and it will still be delisted. After delisting, it will never be listed, and the stock will not pay dividends."

  "Everyone is in business. It is common to win or lose in shopping malls. Don't have trouble with money."

Hong Tianwen and Lu Yinhe gradually calmed down.

  They are not short of money, but TM. They were humiliated by a small insurance company and robbed of their hard-working Convoy Global Insurance!

  He was very angry, and sooner or later he would have to settle this account with the black shirt insurance company!

  So everyone continued to negotiate.

  The quarrel is still very intense.

  Everyone negotiated until 12 o'clock in the evening.

  Finally decided, the lawsuit settled, the other party does not sue the black shirt insurance for huge compensation!

  But the condition is that the black shirt insurance company acquires 400 million shares of the other party at a premium of 20%, which is 1.2 yuan per share.

  Spent 480 million Hong Kong dollars again, which was paid to Hong Tianwen and Lu Yinhe.

  Black Shirt Insurance Company controls 90% of the shares of Convoy Global Insurance Company, and then announced the privatization at the market price of 1.00 yuan per share, leaving 100 million shares circulating in the market.

  ··

  The acquisition of Convoy Global Insurance by the Black Shirt Insurance Company spent a total of HK$1 billion, which ran out of the company’s cash flow.

  Convoy Global’s total assets are 5.9 billion, liability reserves are 2.5 billion, financial assets are 2.5 billion, real estate is 900 million, and cash flow exhaustion is negligible.

  The total debt is 5.5 billion. In fact, Get Good Credit Co., Ltd. is 500 million. After negotiation, this loan is paid at an annual interest rate of 5%.

  Net assets of 400 million yuan.

   And Hong Kong Black Shirt Insurance Company.

  Total assets are 9.8 billion, liability reserves are 4.5 billion, and financial assets are 4.3 billion. It holds 100% shares of Convoy Global Insurance Company, with a valuation of 1 billion.

  Debt is 9.2 billion, of which China Merchants Bank loan is 500 million.

  Net assets 600 million

  The two companies merged.

  Responsible reserves of 4.5 billion + 2.5 billion = 7 billion, financial assets of 4.3 billion + 2.5 billion = 6.8 billion, real estate 900 million, and total assets of 14.7 billion.

  Total liabilities, 9.2 billion + 5.5 billion = 14.7 billion, of which 1 billion are bank loans, China Merchants Bank 500 million, and Get Good Credit Co., Ltd. 500 million.

  The net worth of the entire black shirt insurance is 0.

  Then the executives of Convoy Global Insurance Company who belonged to Lu Yinhe and Hong Tianwen were all fired.

  Chief Executive Officer Chen Zhihong with an annual salary of 10 million Hong Kong dollars left.

  Executive director, concurrently serving as the chief executive officer of its subsidiaries, Xian Jianmin, with an annual salary of 3.65 million, also left.

   Ye Yifu, with an annual salary of 9 million and global vice president, also left.

  Independent directors He Jiali, Fu Kuang Yingting and Zhao Huiling left.

  Chief Financial Officer, Bai Weiqiang, a fellow member of the Hong Kong Institute of Certified Public Accountants, a member of the British Institute of Chartered Secretaries and Administrators, and a member of the Hong Kong Institute of Chartered Company Secretaries. He has more than 25 years of experience in finance, accounting and company secretarial, and was retained.

  Electronic wealth management and innovation supervisor, Zhen Dahua, has more than 20 years of wealth management and banking experience, and has held a number of senior wealth management and private banking positions in many well-known banks.

  Huang Xuehui, chief talent and corporate culture director of the group, is responsible for the overall supervision of human resources, the routine and operation of the group to promote employee productivity, employee appointment and development, and operational efficiency to meet the evolving business needs.

With more than 20 years of relevant experience, covering institutional and talent development, salary and benefits management, staff training and appointments. Before joining the group, he held various positions at AXA, Sun Life Financial, Hutchison Port Trust, CSL Telecom and Wyeth, and continued to stay .

  Chief Digital Director, He Chunlong, is the founder of iFast, one of the most successful online investment platforms in Asia. He has more than 20 years of IT and financial technology qualifications in Asia and continues to be left behind.

  Zhong Guowei, executive director, has more than 25 years of experience in banks and financial institutions. His expertise is to formulate strategic business blueprints, design financial product distribution strategies, standardize operations and maintain corporate governance. He was left.

  Bai Weiqiang, Zhen Dahua, Huang Xuehui, He Chunlong, and Zhong Guowei are all talents, suitable to be horses. Wang Guanxi let them all join the board of directors of the black shirt insurance company.

  Currently, the Black Shirt Insurance Company is formed by the merger of four insurance companies, Cathay Insurance, Wing Lung Insurance, Asia Financial Holdings, and Convoy Global Insurance.

  So Wang Guanxi asked these horses to join the board of directors. Although they have no dividend rights, they have additional bonuses and salaries in return.

   And Convoy Global Insurance Company also has two lawyers, namely Lin Guochang, Kuang Zhaoqiang, and Wang Guanxi asked them to report to the Heishan Legal Company. They have an annual salary of 700,000 plus bonuses. They are also the executive directors of the Heishan Legal Company.

  Currently, the Black Shirt Insurance Company has 15 executive directors including Zhang Youde, Mu Honglie, Chen Xuezhen, Wei Weicheng, Huang Shaokai, Wu Zhankun, Wang Juehao, Kawauchi Yuji, Ogura Go, Huang Jiajiang, Bai Weiqiang, Zhen Dahua, Huang Xuehui, He Chunlong, Zhong Guowei, and a total of 15 executive directors.

  Except for Zhang Dexi, Wu Zhankun used to be the boss, and the others are elite wage earners in the industry.

  However, the two companies have just merged, and the Financial Group and its subsidiaries, as well as the Banking Entertainment Group and its subsidiaries, have all terminated the cooperation with the Black Shirt Insurance Company, and the premiums that have been paid must be surrendered!

  Intentionally caused a traffic accident and asked the black shirt insurance company to compensate.

   Soon the lawsuit came again.

  Get a good financial group, Galaxy Entertainment Group also sued the black shirt insurance company.

   also accused the black shirt insurance company of manipulating the stock price, making a hostile takeover, and giving shareholders a private purchase price that was 20% higher than that of shareholders!

  The price to shareholders is 1.2 yuan per share, and the price to shareholders is 1 yuan per share, with no premium.

  Fuck, this Hong Tianwen and Lu Yinhe are really disgusting enough. Just after giving the money, they turned their faces and didn't recognize them, and they stabbed the matter out.

  At the same time, we have formed a financial group. The employees of Galaxy Entertainment Group who purchased the original Convoy Global insurance have sued the black shirt insurance company for fraud!

   Also initiate a class action lawsuit.

  This is really disgusting.

  This just settled the lawsuit that settled a good credit, but also bought a 20% premium, and other lawsuits have come again!

  Wang Guanxi was really disgusted by these two bastards.

Hong Tianwen and Lu Yinhe are not fuel-efficient lamps either. The two group companies are both rich and powerful.

   is to let the black shirt insurance company go to death.

  This at least caused a huge loss to the future premiums of the black shirt insurance company.

  Hong Tianwen and Lu Yinhe also knew that the black shirt insurance company was short of funds, and their method was to cut off the premiums of the future black shirt insurance company.

  After all, many of the insurance customers of the original Convoy Global Insurance Company were Kie Hao Financial Group, the employees of Galaxy Entertainment Group companies, and the employees of their partners, in short, there are very many.

  Hong Tianwen and Lu Yinhe are also major shareholders of Convoy Global Insurance Company, and they have also obtained great benefits from Convoy Global Insurance Company.

  Originally, Convoy Global Insurance Company was the Chinese meal of Hong Tianwen and Lu Yinhe, ready to eat at any time.

  But now Convoy Global Insurance Company has been acquired by Black Shirt Insurance Company.

  Naturally, the two will not let go of the black shirt insurance company.

  The cash flow of the black shirt insurance company has dried up, and it still owes a 500 million Hong Kong dollar loan to the Get Good Credit Company. Although this loan has been negotiated, it has been converted into an ordinary loan.

  But, they can make the black shirt insurance company mismanage, let the black shirt insurance company's future large amount of premiums disappear, or even surrender the insurance, and then find a reason to draw a loan from the black shirt insurance company.

  When the black shirt insurance company cannot hold it, it is when the financial group is formed, and the banking entertainment group re-acquires the black shirt insurance company.

  No, make a good financial group, and the banking entertainment group also went to the China Securities Regulatory Commission to sue the black shirt insurance company for manipulating the stock price.

  There is also a joint lawsuit initiated by the shareholders of the Black Shirt Insurance Company, which allowed the Black Shirt Insurance Company to provide another 20 million yuan in compensation to the shareholders.

   created a very just image, and also set up a small joint litigation platform, but the shareholders who originally held the Convoy Insurance Company really acted.

  This is another big lawsuit.

  It’s okay. Let’s go to lawsuit. If there is a black jersey legal company, let’s continue the lawsuit and drag it on until everyone is exhausted.

  But getting together with the financial group, the banking entertainment group has caused a negative impact on the reputation of the black shirt insurance company, which is very huge.

  Heishan Legal, Chairman Liu Zhonglun is also holding a board of directors.

  All directors are there.

  Xue Feng, Vincent Ayers, Hamada Matsumoto, Simengs, Davidson, Yin Feihong, Lin Guochang, Kuang Zhaoqiang.

  Everyone agrees that we must counter-prosecute the Kai Hao Financial Group and the Banking Entertainment Group.

  So started to act, and the Black Shirt Insurance Company also counter-sue the Get Good Financial Group and the Banking Entertainment Group!

  Lawsuit battle, that is very long.

  Really take your time.

  However, the insurance premiums of the black shirt insurance company will be much lower in the future.

  Because many of the customers who originally belonged to Convoy Global Insurance Company came from employees of Get Well Financial Group and Banking Entertainment Group.

  These people not only have to sue, but also surrender the insurance and initiate a joint lawsuit.

  Wang Guanxi will not easily spare these two group companies in the future when the black shirt insurance company vacates its hands.

  Looking at the stocks of Get Good Financial Group and Banking Entertainment Group, Wang Guanxi intends to let the Black Shirt Insurance Company short them.

  But now the black shirt insurance company has no cash flow, and the cash flow is almost exhausted.

  Need to sell assets, and many assets originally belonging to Convoy Global Insurance Company are toxic.

  Those stocks and bonds are all in a downward situation, which is difficult to deal with for a while.

  "Which assets should I sell?"

   "Well, you must cash out enough cash before the financial crisis hits, and then go short to make money!"

  (End of this chapter)