"They're fighting? Is Shen Hao that brave? He's taking on his whole family by himself?" Liu Yutong was extremely surprised.
Although she had long known that Shen Hao's relationship with his family wasn't great, she never expected it to deteriorate to this extent, to the point of actually coming to blows.
On the other end of the phone, Gu Yebai said,
"Well, not exactly. It wasn't a physical fight, but Shen Hao has completely broken ties with his family. Shen Hao was a bit impulsive this time; he tried to seize power by winning over the company's shareholders. But his family found out about his plan, so naturally, it failed. Unwilling to accept defeat, he leveraged himself to buy a massive amount of shares from the secondary market. However, just as his holdings reached 4.9%, someone suddenly initiated a massive sell-off, crashing the stock price. The kid was completely blindsided and lost a fortune."
"He later found out that it was all his two younger brothers' doing. One of them manipulated the market behind the scenes, while the other pretended to support him by his side, only to extract information and set a trap for him."
At this point, Gu Yebai couldn't help but laugh out loud.
"Shen Hao really lost his head. How could a listed company be so easily taken over by him? Not to mention his family's company has a poison pill plan."
As the name suggests, this poison pill plan is an extremely ruthless defensive strategy.
Once someone attempts a hostile takeover of shares without the board's approval, the poison pill can be activated. The company can issue a massive amount of new shares at a low price to all existing shareholders except the acquirer, instantly diluting the acquirer's ownership percentage and voting power. This drastically increases the cost of the takeover, which is enough to scare off outside predators.
Years ago, when a certain capital firm wanted to swallow up Xinlang, Xinlang used this exact move to defeat the acquirer.
However, this tactic isn't entirely beneficial; it's a double-edged sword that harms the user almost as much as the enemy. Because doing so damages the interests of all shareholders, no one would use it unless absolutely necessary.
After listening to Gu Yebai's account, Liu Yutong pondered for a moment and asked, "Where is he now?"
Gu Yebai replied over the phone, "Where else could he be? He's sulking and drinking alone in his private apartment. I heard his dad came back and gave him a severe scolding, saying that if he keeps disobeying and messing around, he'll disown him and kick him out of the house."
"Sister Yutong, do you have a way to help him? I'm just afraid he'll act impulsively again and ask for the money he invested in Yunshan Capital back. If he loses his mind and throws it all into the stock market, he'll really lose everything."
"I'll think of something. Tell him not to do anything rash. Also, tell Silin that if Shen Hao wants to withdraw his shares from Yunshan Capital, reject him immediately! Tell him I said so!"
"Understood!"
Liu Yutong chatted with Gu Yebai for a few more minutes before hanging up.
At this time, Ma Da had nothing else to do, so he said goodbye and left first.
Afterward, Liu Yutong went upstairs and took a comfortable bath. Seeing that Yaya was already asleep, she returned to her bedroom, turned on her computer, and began researching information.
One of the main assets of Shen Hao's family was a listed company called Qiming Electric.
Qiming Electric was a leading enterprise in the domestic home appliance industry, primarily producing and selling white goods such as air conditioners, refrigerators, and washing machines. It had a comprehensive sales network across the country, and its export business accounted for the highest percentage among similar domestic companies. Its current total market value was about 28.5 billion yuan, over 10 billion lower than it was half a year ago.
This market value was actually very unhealthy, or rather, severely undervalued.
There were two main reasons for the sluggish stock price of Qiming Electric.
First, the financial crisis this year caused market panic to spread, leading to a decline in the stock prices of many companies.
Second, Shen Hao's family was intentionally suppressing the stock price. Even if Shen Hao hadn't impulsively tried to seize power, the stock price would have continued to drop.
Under normal circumstances, a company's major shareholders naturally want the stock price to be as high as possible; a low stock price does not align with their interests. The reason Liu Yutong deduced that Shen Hao's family wanted to suppress the stock price was that she had also been paying attention to Qiming Electric, naturally because of Shen Hao.
As a member of the Yunshan Club, it was impossible for Liu Yutong to know absolutely nothing about his background.
Combining this with the information she had just researched, she confirmed that Shen Hao's family was indeed deliberately suppressing Qiming Electric's stock price. There was one piece of data to support her view: Shen Hao's family currently held about 19% of the shares, whereas a month ago, this figure was only 15%. It had grown by 4% in just a short month.
It is well known that the country has always followed the principle of equal rights for equal shares; the higher the shareholding ratio, the greater the say. A 15% shareholding ratio was actually on the lower side. Even with a poison pill plan as a defense, there was still a risk of being swallowed up by certain capital tycoons.
Shen Hao's family had clearly realized this problem, and coincidentally encountering the outbreak of the financial crisis, they began scheming to secretly buy back shares at a low price. That silly boy Shen Hao could completely be said to have thrown himself right into his own family's line of fire.
However, Qiming Electric's current stock price was completely unsuited to its true value, and by doing this, they were also harming the interests of other shareholders.
In addition to this, Liu Yutong speculated that there should be another reason why Shen Hao's family was so eager to buy back stock.
She clicked open the calendar on her computer and checked the date.
The time for the government to announce the Four Trillion Yuan Stimulus Package and the Home Appliances Going to the Countryside policy was not far away.
Liu Yutong guessed that the other party had probably caught wind of it too.
"What a clever calculation," she sneered after thinking it through.
The Shen family was indeed seasoned and ruthless in their capital operations and tactics. They used this to solve internal hidden dangers, consolidate their control over the company, and take advantage of national policies to make a massive fortune.
However, they seemed to have overlooked one point: listing a gold mine for sale as scrap metal comes with risks.
After figuring everything out, Liu Yutong personally called Shen Hao. The phone call lasted for nearly an hour.
Next, she contacted Zhu Silin and arranged a time to meet, finally bringing matters to a close for the moment.
Having finished all this, Liu Yutong turned off her computer and walked over to the huge floor-to-ceiling window.
At this moment, the night view of the residential area outside the window turned into a chessboard in her eyes. The Shen family's supposedly brilliant layout was, in her opinion, actually full of loopholes.
The Shen family's actions were inherently a violation of the rules. As long as she had an insider helping to collect evidence, she could use it as leverage to render their poison pill plan completely ineffective. When the time came, she could sweep up shares in the secondary market, and then declare her stake! Declare again! And declare again!
Until a complete change of regime!
