The next day, Chen Cheng's courtyard became even livelier.
Lucy arrived.
Returning home to see her parents, who were big-bellied and treated her with such politeness.
It was like sitting on pins and needles, feeling thoroughly uncomfortable, so she fled back from the capital as if escaping a disaster.
I don't know if they had planned it together or what.
Zou Yu, Qin Shi, Jiang Nansun, Zhu Suosuo, and Guan Juer also came together.
Once they arrived, Chen Cheng felt that the village was no longer a place to stay.
On the fifth day of the Lunar New Year, he took everyone back to the Magic City.
If they stayed any longer, he was truly afraid of being reported for gathering crowds...
Chen Cheng left one key to the courtyard for Chen Min and one for Chen Zhong. Chen Li and her husband also had the password.
Although the fish pond was equipped with an automatic feeder, someone still needed to add fish food from time to time.
After spending a few days playing with the women, the New Year holiday was considered over.
Yi'an applied for a trading halt on the fifth day of the Lunar New Year.
However, the stock price had already fallen to two dollars.
The trading halt was a move of desperation.
At two dollars, it couldn't fall any further; if it continued to drop like this, before the 'Village Chief' could even say anything, Yi'an would be automatically delisted.
Chen Cheng still didn't make a move; he didn't go to pick up Yi'an's shares.
He was waiting.
Waiting for the wind to come.
After the New Year, on the first trading day of Mian A, the entire market was wailing, with a thousand stocks hitting the limit down.
Zhencheng, following Chen Cheng's instructions, significantly increased its positions in some of the assets it already held.
Nearly half of the prepared liquidity was used up.
Chen Cheng sat in his office, watching Zhencheng's trading situation while reviewing various documents.
It wasn't until after the market closed that Chen Cheng received the news he truly wanted.
Near four o'clock, Zou Yu didn't knock, but walked directly into his office.
"The call you were waiting for has come."
"Director Li from the International Department wants to meet you tomorrow morning at nine at his office."
The corners of Chen Cheng's mouth curled up slightly; it was here.
"Did he mention who would be participating in the meeting?"
Zou Yu frowned, "He didn't mention it. I asked, but Director Li's assistant hinted, 'We'll meet in the office'."
"I think even if there are others, it will be between three or four people."
Chen Cheng nodded, "Alright, go out and say I'll definitely be there on time."
After Zou Yu left the office, Chen Cheng pondered over the candidates for the acquisition team once more.
Finally, he formed a plan he was satisfied with.
This time, unlike the acquisition of Jinchen, Yi'an is a listed company, and it's listed in America.
With Yi'an having fallen like this, the shares aren't the key; the focus is on the negotiations with the SEC.
If the fine is too large, this deal won't be worth it.
Therefore, Zhencheng will not buy any more of Yi'an's shares from the open market.
He had Aks file the lawsuit so quickly and was pushing for a class-action lawsuit behind the scenes in the shadows.
It was actually to remind the people in the village that there was still someone here who could clean up the mess.
Only by getting the village's approval could this move of acquisition be considered truly legitimate.
Only then would there be no obstacles later on; otherwise, a single approval could hold you up for a year, so what would be the point of buying it?
The next day, at the International Department's office in the village committee, Chen Cheng met an unexpected person.
Teacher Ouyang.
In less than half an hour, Chen Cheng came out of the village committee with the Old Madam.
The Old Madam sat in Chen Cheng's car and smiled faintly, "Tell me honestly, when you previously raised your stake in Yi'an, did you already anticipate today?"
Just now at the International Department of the village committee, they actually didn't talk about anything; they just exchanged some official pleasantries.
Maintaining the reputation of Chinese enterprises is the duty of every Chinese enterprise abroad, and so on.
"Or rather, did you also prepare the materials for short-selling?"
Chen Cheng's heart skipped a beat; it seemed that some small tricks couldn't be hidden from smart people.
However, as long as you aren't caught in the act, such things simply didn't happen.
Chen Cheng shook his head with an innocent expression, "Teacher, how could you think that? How would I know about Yi'an's internal affairs?"
"I've already had a floating loss of 1.5 billion on Yi'an; now, whenever Yi'an is mentioned, I get a massive headache."
Teacher Ouyang smiled dismissively, not believing his nonsense at all, "Raising a stake is not the investment style of a hedge fund."
Chen Cheng smiled, "Teacher, you can go back and look at Zhencheng's 13F report. Zhencheng is not a traditional private equity fund; the holding period for the vast majority of its assets is over one year."
"In fact, Zhencheng has held many assets for over three years."
"Buying Yi'an was purely because I was optimistic about Yi'an's development."
As he said this, Chen Cheng gave a 'helpless bitter smile', "Heh~ as a result, it dumped a huge pile on me."
Teacher Ouyang frowned and rolled her eyes at her student, "Speak properly."
"Oh~" Chen Cheng smiled playfully.
Teacher Ouyang smiled and waved her hand, "Alright, tell me about your plans for what's next."
"Uh..." Chen Cheng spread his hands and played dumb, "It's already lost so much; if you ask me to sell, I feel bad about the loss. The lawsuit has already been filed, so let's just wait for the court hearing."
Teacher Ouyang angrily raised her hand and patted him, "So Director Li just wasted his breath talking to you for so long, right?"
Chen Cheng's eyes 'spun rapidly', and he looked very 'surprised', "Do you mean that Director Li was asking me to form a buyer consortium to acquire Yi'an?"
Teacher Ouyang smiled dismissively, "With things so chaotic recently, why else would he have called you here if not for this?"
"To drink tea?"
Chen Cheng shook his head like a rattle-drum, "Hmm~ I don't want to drink the village committee's tea."
He then 'frowned' and muttered, "Acquire Yi'an?"
He spread his hands, "It's a good business, but Zhencheng doesn't have any money right now."
Teacher Ouyang watched him acting in front of her, struggling to resist the urge to hit him. You have no money?
Zhencheng just raised 10 billion dollars, and you're here crying poverty to me?
She took a breath, "The Ministry of Finance, the Ministry of Commerce, and the village committee are all very angry about this matter."
"The reputation that took so many years to build has all been ruined by this piece of rat droppings, Yi'an."
"Now, if someone stands up to mitigate the negative impact of this matter."
"The higher-ups will definitely be very supportive."
Chen Cheng raised an eyebrow and asked with a smile, "Is there... actual support for this?"
Teacher Ouyang took a breath, and for a moment, she didn't even know whether to be happy or angry.
This little fox, he never lets the hawk fly until he sees the rabbit.
"Legal and compliant procedural support and financing convenience will definitely be there."
Chen Cheng understood, four words: you can get loans!
After taking the Old Madam home, Chen Cheng immediately called Meng Yanchen for lunch.
He should have called Zhao Hui to join them, but Zhao Hui was currently stuck in America and hadn't returned.
Meng Yanchen walked into the private room, and Chen Cheng put down his chopsticks and smiled, "Sit."
Meng Yanchen nodded faintly, pulled up a chair, and sat down, "Chairman Chen, what made you think of calling me for a meal?"
Chen Cheng smiled and got straight to the point, "I'm planning to acquire Yi'an. You lead it."
Meng Yanchen frowned, "Why me?"
Chen Cheng picked up his water glass and took a sip, "Isn't that why you came to Jinchen, to learn?"
"This case, which involves cross-border asset M&A, debt restructuring, and different regulatory frameworks between domestic and overseas, is rare."
"It's just the right opportunity for you to practice, and it will also be good for you when you eventually take over Guokun."
Meng Yanchen pondered for two seconds; to be honest, he was indeed tempted by such an opportunity.
He looked at Chen Cheng again, "I still don't understand why you want me to lead it."
Chen Cheng smiled; should he say it was because he didn't have time?
Or should he say, he wanted to let him go sell coffee?
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