Chengyi Wang was not executed immediately, but was put on the eighth-level punishment collar that Xiao Xingyue had used, restricted her movement, and was closely monitored.
It’s not because there are so many people involved that the association is not easy to kill.
There is no principle on the Origin Star that the law does not punish everyone.
Someone big shot something.
Ying Hao communicates directly with Ren Zhong in this way.
"It's not me who speaks for them. After all, the Wang family in Chengyi has been inherited for hundreds of years, and it is reasonable to have relationships with some top-level noble families. This is one of the reasons why Wang Dingyuan dared to get involved in the exotic mines. Considering that the exotic mines have been obtained, and
There was almost no real loss caused, and the association’s board of elders decided to impose the following punishments on the Wang family in Chengyi.”
"All members of the Wang family in Chengyi will be reduced to two levels of citizenship, and first-level citizens will be reduced to reserve citizens. The business association will directly confiscate the equity that Wang Dingyuan previously pledged to Yersen Bank, and conduct a debt-for-equity swap operation. The association will
Sell these shares. Although the stock price is now volatile, the original pledged stock price was low. After repaying the bank funds on behalf of Wang, the association should still have tens of billions of profits. In addition, Wang Dingyuan must pay 300 billion within a month.
A fine. If this is not done, all Wang’s property will be confiscated and all members will be demoted to desolate status.”
The number three hundred billion is very subtle.
At present, one-third of the shares of Tianyuan Military Industry held by the Wang family are pledged, and the money has been spent. Most of it has gone into top-secret laboratories and has been confiscated.
Before Wang repays the funds, the bank has half of the management rights of this share, and Wang cannot use it.
Previously, the Wang family originally had more than 30 billion in working capital, but it had been drained by Ren Zhong in advance, creating more than 60 billion in liabilities for the Wang family.
In addition to Tianyuan military industry, the Wang family in Chongyi also has other industries, with a combined value of approximately 70 billion.
After selling all of them at a loss, the Wang family can raise about 60 billion in funds.
In addition, if the Wang family can use their connections to borrow some money, they should be able to make thirty to forty billion.
Then, the remaining gap of more than 210 billion in fines can only be obtained by continuing to pledge equity.
Combined with the current market value of Tianyuan Military Industry of 830 billion, the shares held by Wang and available for pledge account for approximately 49.5% of the company's total equity, with a value of 418.499 billion.
Under the current situation, the stock price of Tianyuan Military Industry will continue to plummet, and the Wang family can only pledge it at a low price.
Then, the Wang family needs to pledge at least half of the remaining shares in order to be able to collect the entire fine.
Under normal circumstances, such a high mortgage loan ratio will inevitably bring extremely high interest rates.
The profit dividends earned from business operations should only be slightly higher than this interest.
There is no way the Wang family will be able to repay the entire mortgage loan over the next two decades.
The Wang family saved their lives, their citizenship, and the small amount of capital that kept the family running. They essentially became high-end wage earners working for Alsun Bank.
From this subtle number, Ren Zhong understood the origin of the big man who wanted to recruit people, and it must be Yersun Bank.
But this is not the result Ren Zhong wants.
The Wang family must be destroyed. He at least wanted Wang Dingyuan and Wang Jinshou to die.
Ying Hao said again: "I have publicly criticized it at the elders meeting, and I have tried my best. You can watch this video for yourself."
At the meeting, Ying Hao said coldly to the members of the elders representing multiple forces: "Look, these are the people protected by the system you maintain. These are the rights and interests of high-level citizens you want to protect. But aren't fifth-level citizens the same?
Senior citizens? Who will safeguard the rights and interests of the victim Wang Zhaofu and his family? What you call justice is just to satisfy your selfish desire to weaken my influence. With people in power like you, Yuanxing is like a star.
The misfortune of mankind! Anyone in the Wang family who behaves like this must die!"
As soon as Yinghao said this, the other elders started laughing and rambling.
Ren Zhong turned off the video and thought, this is actually interesting.
What Ying Hao said was not only following the previous atmosphere, taking the opportunity to counterattack the comprador faction that originally wanted to acquit Wang Jinshou, and use this to investigate Ren Zhong and Xiao Xingyue, but it was also promoting Ying Hao's ideas of the Promotion Association, and for
The great reform of the civil system is building momentum, and it is also "catering" to the preferences of itself, a cutting-edge force in the promotion association.
Ren Zhong replied: "President, I understand. This is the end of my personal dispute with Wang Jinshou and the matter of the exotic mine."
Yinghao suddenly understood Ren Zhong's next intention, "Are you still not going to give up?"
Ren Zhong smiled slightly and said, "President, please rest assured that I am more law-abiding than Wang Jinshou. I will only take a small revenge within the limits allowed by the rules."
"Okay, please be careful not to make too much trouble. Although the Wang family of Chengyi is insignificant, Tianyuan Military Industry itself is of certain importance. I don't want external turmoil to affect the operation of Tianyuan Military Industry."
"clear."
After hanging up the communication with Ying Hao, Ren Zhong took another look at his stock market account.
Quietly, he already holds about 2.7% of Tianyuan Military Industry stocks by continuously collecting loose votes on the market.
His shareholding ratio does not reach 5%, so he does not need to raise a sign or make it public.
Miraculously, those who had been copying his work did not immediately follow up.
After waiting for about half an hour, the association's debt-for-equity swap operation was completed.
At the same time, negative news about Wang's involvement in the exotic mines in Chongyi exploded, and the stock price began to fall, but the decline was not very sharp.
Ren Zhong, who was constantly buying shares at low prices, discovered that besides himself, there were many forces doing the same thing.
Ren Zhong grinned, and the person who copied the homework came again.
Even though they knew that this was an unconventional operation, these people still couldn't help but want to nuzzle him and take a sip of soup.
However, everyone had a tacit understanding and did not pull up violently. Instead, they continued to enter the market steadily, allowed the stock price to fall until it fell to a certain level, and then continued to sell small amounts of purchase orders according to the rhythm.
It was during this period that the Wang family held a family meeting very quickly and decided to accept the stringent mortgage conditions imposed by the bank that was taking advantage of the situation.
The pledge closing line is set very high.
Wang Dingyuan had no choice and could no longer delay.
If the stock price suddenly crashes to the point where even if all pledges are made, the fine cannot be paid in full, what awaits him will be destruction.
At this time, Ren Zhong's shareholding amount exceeded 5%. According to the regulations of the Securities Regulatory Commission, he passively raised his flag.
Seeing the "heavy duty" listed in the list of newly added major shareholders, Wang Dingyuan's expression changed drastically as he was sitting in the Wang Manor, strategizing, and preparing to fight hard to save himself.
He shouted, "No! Ren wants us to die!"
As soon as Wang Dingyuan finished speaking, a large number of selling orders suddenly appeared in the Tianyuan Military Industry market.
It was Ren Zhong, the ruthless man who just raised his cards, who started to smash the market directly.
Hard hits, big dives, all without saying hello.
In just an instant, all the buyers listed by the bargain hunters and market protectors below were exhausted.
There are only responsible sellers left in the interface.
Tianyuan Military Industry, which was trading at a high frequency just a moment ago, suddenly turned into a pool of stagnant water.
Instantly seal the board.
The market's trading sentiment suddenly froze.
Ren Zhong's hand operation is difficult to understand.
The person who followed Ren Zhong's mysterious funds was confused.
Following the trend of Ren Zhong and the mysterious funds, the retail investors who entered the market to snatch the association's selling orders were confused.
The association, which is steadily clearing positions and withdrawing funds through arbitrage, is also a little confused.
A second ago, Ren Zhong was still buying slowly and slowly, but just after 5%, what does it mean to suddenly hit the market with a sudden wave of death?
Are you hurting yourself and burning money?
The association immediately took measures to suspend arbitrage reduction and was prepared to wait and see what happens.
But at this moment, another batch of new sell orders appeared.
Wang Dingyuan stood up suddenly, "Something's wrong, the number of sell orders placed at the same time far exceeds 5%. Where did the extra sell orders come from!"
Wang Dingyuan immediately arranged for someone to start tracking, and in just five seconds, he got the answer.
It turned out that Ren Zhong had already lurked 250 billion funds with securities firms and banks in advance.
He took out nearly 16% of the shares leased by eight major investment institutions held by securities firms and banks through securities lending and sold them all at once!
The eight major institutions hold a total of 21.11% of Tianyuan Military shares, 90% of which are pledged.
Most of the pledged equity is in the hands of securities firms and banks, and securities lending authority has been opened.
This part of the stock is a profit-making tool for securities firms and banks. Over the years, they have continued to create profits in interest, handling fees, etc. through continuous lending and recycling.
Ren Zhong took advantage of this.
He chose to destroy everything at all costs.
I sold all 5% of my money, and my margin limit was also full, and I was in a desperate situation.
In just one moment, the sales orders on the market exceeded 20% of Tianyuan Military Industry's total share capital.
When trading sentiment is frozen, such a huge sell order cannot be digested in a short period of time.
But what matters is the effect.
As the sell orders were sealed, Ren Zhong began to "reasonably" continue to lower the selling prices of his unfilled sell orders.
As for the securities lending and selling orders, Ren was unable to speculate, so he could only hang them there at a market price slightly lower than when he initiated the securities lending and short selling.
Five seconds later, the stock market automatically updated the data, and Tianyuan Military Industry's stock price dropped by 5% in just ten minutes due to Ren Zhong's selling order.
A new situation has arisen.
The mysterious funds that followed Ren Chongqing's copying operation also began to sell off.
When Ren Zhong quietly entered the market in ambush, the traders behind the mysterious funds thought that Ren Zhong was planning to take advantage of the situation to invest in Tianyuan Military Industry, obtain the equity of Tianyuan Military Industry at a relatively low cost, become a major shareholder, and then personally join the board of directors to restrain Wang Dingyuan.
But at this point, if others don’t understand Ren Zhong’s intentions, they would be too stupid.
Ren Zhong went crazy.
He would rather burn hundreds of billions, but he must also kill the Wang family.
He wants to kill Wang Chongyi in one fell swoop in the stock market!
This group of copycats doesn't care about the competition at the top. They only know that they must consider the profits of the bosses behind the scenes.
If you want to go crazy, we will not accompany you. Leave early and feel at ease. Even if you suffer some losses, it is worth it.
After all, the previous profits were not small, and now the losses are still within the tolerance of the bosses behind the scenes.
Another ten seconds passed and the stock price crashed another 5%.
Such a spectacle formed on the interface, as high as 16% of the sell orders were hung there at a price higher than the assessed price.
The sell orders accounting for nearly 10% are listed at a price slightly lower than the assessed price, with clear distinction between high and low.
Wang Dingyuan was frightened when he saw it.
Next to him, the person in charge of the stock market in Wang's family, Wang Dingyuan's nephew, exclaimed: "Uncle! Oh no, our pledge contract has not been finalized yet, and the bank requires that the pledge conversion be further reduced based on market changes.
Than! If it continues to fall like this, it’s possible that even if we mortgage all our stocks, we won’t be able to collect 300 billion!”
Wang Dingyuan gritted his teeth and asked, "What happened to the sales contracts for other assets? How happened to the loans?"
"Ninety percent is already in place! We already have 80 billion funds in hand!"
Wang Dingyuan: "Buy the entire position! Take all those low-price selling orders! Be sure to protect the market!"
"Uncle...this..."
"Quick! I'm going to find someone to finalize the pledge contract! First mortgage 200 billion and get back 1,811 in cash flow! No matter what, we must survive the heavy offensive! When this round is completed,
He has no bullets in his hand. He doesn’t even have a chance to enter the market! After placing the buy order, he immediately issued an announcement in the name of the company, announcing that the company would use the remaining 20 billion working capital to start repurchases! Fully protect the market!"
When announcing the buyback, Wang Dingyuan looked at his stupid son Wang Jinshou again.
If the company still has nearly 100 billion in liquidity, why would it do this?
At this point, he finally knew Ren Zhong's true purpose of using Wang Jinshou to blackmail him into paying hundreds of billions of "reparations."
Since then, Ren Zhong has been weaving a dragnet around the Wang family.
Five seconds after the Wang family completed the operation, a large number of buy orders began to appear below, and the sell orders of Ren Zhong and the mysterious funds were quickly completed.
The 80 billion that Wang Dingyuan sold here just happened to absorb nearly 10% of the low-price sales orders.
Five seconds later, the stock price began to rise.
The battle has subsided a bit.
As the lowest-priced sell orders were all filled, short-selling orders for securities lending at higher positions began to be filled one after another.
There is no doubt that part of it must be corporate buybacks from Tianyuan Military Industry.
In any case, Wang Dingyuan's market protection was successful and the stock price was temporarily stable.
Wang Dingyuan wiped the sweat from his forehead, then glared fiercely at Wang Jinshou, who was at a loss, and rushed forward like a big-eared melon, "Look what kind of enemies you have provoked! How come I, Wang Dingyuan, have given birth to you like this in my wise life?"
A son."
Wang Jinshou was slapped and spun around in circles, but he didn't dare to say a word.
The Wang family next to them were all silent.
But many people think in their hearts that it was you who gave birth to the child.
Aren't you the one who favored Wang Jinshou to this extent?
You had asked him to apologize to Ren Zhong and ease the relationship earlier, so why did it get to this point?
Wang Dingyuan and his son are to blame for the decline of the Wang family.
It's just that it's not time to settle accounts yet.
Five minutes later, the Wang family received life-saving news.
The bank finally agreed to use a price 10% lower than the current stock price as the forced liquidation line, and allocate a loan to Wang with an assessment ratio of 90%, totaling 180 billion.
The money arrived quickly, and I had bullets in my hand. However, Ren Zhong lost his holdings and bullets.
Wang Dingyuan was convinced that Ren Zhong's offensive should be over.
In fact, Wang Dingyuan also had regrets in his heart. He would rather pledge all the remaining stocks.
So, no matter what, even if the stock price collapses later, at least more than 380 billion is in hand, so there is no problem in paying off the fine, and the remaining small amount of personal debt can be paid back slowly.
There are still some collateral assets in the home that can be sold off slowly.
As for the equity, if it is confiscated, it will be confiscated. That is no longer important.
But the bank refused to agree.
At this moment, things changed again.
A well-known stock tycoon surnamed Huang published a stock review on his social media, focusing on Tianyuan Military Industry, which has been occupying the front page of Yuanxing Financial News since this morning with less than one trillion in funds.
The stock fairy surnamed Huang commented: "As we all know, in the ever-changing Yuanxing stock market, hot spots are changing every day. Today's protagonist is undoubtedly Tianyuan Military Industry. I personally think that regardless of the Wang family in Chongyi County who is related to Tianyuan Military Industry
Regardless of its fate, the operating conditions of this company are very stable. The ups and downs of the stock market are limited to the stock market and do not affect the operation of the company. I am still optimistic about Tianyuan Military Industry in the long term and it is very stable."
Just thirty seconds after Mr. Huang posted this news, a large number of scattered selling orders appeared, and the stock price, which had just stabilized, jumped another 0.5%.
Wang Dingyuan was furious, "Where did this sell order come from? Don't the retail investors have no tickets in their hands?"
The Wang family also looked confused.
"Also, what is this Huangguxian doing? We have never interacted with him, so why is he targeting us? Can we contact him?"
"I have an acquaintance here who knows him, please contact him immediately."
A minute later, this descendant of the Wang family gave feedback.
He said: "Ren Zhong and Huang Guxian had participated in media activities together before and left each other's contact information. Five minutes ago, Ren Zhong took the initiative to contact Huang Guxian. He paid a lot of money to hope that Huang Guxian would cooperate with him in making bearish statements.
To undermine our words. But..."
Wang Dingyuan: "But what?"
"Huang Guxian sternly rejected Ren Zhong's request very principledly. He said that he is a professional stock reviewer and has his own professional judgment. He cannot harm his fans. He indeed believes that Tianyuan Military Industry's basic market is very stable, even if the Wang family
All the people were sentenced to death, and the stock price of Tianyuan Military Industry was hit hard, but it will recover sooner or later. In order to show his attitude, he also posted that update."
Wang Dingyuan's heart was filled with blood.
"Do you really want to forget yourself Wang? This..."
Before Wang Dingyuan finished speaking, another newly promoted big shot in the Yuanxing stock market, Ren Stock God, ended up personally once again.
"No one understands Tianyuan Military Industry better than me. This is an underground top-secret laboratory secretly established by the Wang family in Chengyi over the years after losing corporate assets over the years. You can take a look at the configuration of this laboratory, estimate the investment in your mind, and
Think about how many resources and professional scientific researchers the Wang family secretly stole from Tianyuan Military Industry. Then look at the mental state of these R&D personnel who were imprisoned underground. I can’t imagine what Tianyuan Military Industry has been dug up by the Wang family over the years.
It is a hollow tree that has become too empty. I think it will never come back! If Tianyuan Military Industry does not undergo a thorough restructuring, it will explode sooner or later, and it will still be a big thunder!"
Now it's good. On one side is the "bullish" stock market, on the other side is the bearish stock market, and on the other side is a new sell order of unknown origin.
The stock price of Tianyuan Military Industry continues to plummet, approaching the forced liquidation line of the pledge contract that was just concluded.
Once this line is crossed, a new situation will arise.
Previously, the asset management department under the association suspended selling and arbitrage, and still held about 14% of Tianyuan Military Industry shares. Once it was forced to sell off completely, plus the 200 billion shares that had just been pledged, it would also be forced to liquidate and sell. It would be terrifying.
The big crash will come suddenly.
The market price of Tianyuan Military Industry will be cut in half again in just one hour.
At that time, even if all the 35.2% of the shares held in the hand are pledged or sold, they can only be exchanged for less than 10 million.
Coupled with the 180 billion currently on hand, it can only be just a little lower than the 300 billion fine requested by the association.
But in that case, the Wang family would not be able to repay the more than 60 billion they owed Tianyuan Military Industry and the 20 to 30 billion they just borrowed.
Even if the Wang family paid a full fine, they would still be reduced to slavery due to debt.
"Uncle, I know what happened to those extra sales orders just now."
Wang Dingyuan: "Say!"
"Ren Zhong found a private equity firm outside, and he has been secretly absorbing the stocks he borrowed for short selling, and then selling them at a lower price! Then he picked them up again and sold them again! His shareholding never exceeded 5%, so he
He has only been using this 5% to make a fuss! So we can’t see the public announcement! He pretends to be a retail investor who sells in panic because he saw the stock reviews of Huang Stock Fairy and himself. He is creating panic and inciting emotions!”
"He is crazy! He will lose tens of billions every minute!"
"Uncle, this is the truth. He wants to kill us with money."
"Asshole!" Wang Dingyuan gritted his teeth fiercely, then turned to look at the technical director of Tianyuan Military Industry next to him, "Immediately announce the new positioning technology based on the ghost particle communicator!"
"What! Chairman, this technology is not fully mature yet!"
Wang Dingyuan waved his hand, "I can't wait any longer."
The main function of this so-called new positioning technology is to use the ghost particle communicator as a guide in space to assist the matrix battleship cannon in positioning, covering an area of more than 100 million kilometers.
If the technology is successfully developed, relying on the real-time circulation technology of ghost particles, the positioning and aiming time of naval guns on such long-distance targets can be shortened to 0.5 seconds.
This is a very practical technology in space warfare, and can bring ultra-precise, ultra-long-range and rapid strikes to the Yuanxing Space Force.
Tianyuan Military Industry has been conducting research and development in secret and regards it as the highlight of promoting the development of the enterprise.
Of course, its research and development is also very difficult.
Tianyuan Military Industry has been investing continuously for more than ten years, but it is still in the theoretical stage, and the first experimental-grade sample has not yet been released.
Announcing it in advance now may cause two situations.
The first is to attract the idea of the Promotion Association, which is bound to be interested in this technology, and let Ying Hao, the guy who betrayed his younger brother, personally mediate.
But at the same time, it may also expose the difficulty of technology research and development and the expectation that research and development will fail. Then what awaits Tianyuan Military Industry will be destruction.
Wang Dingyuan began to bet on his life.
But on the other hand, although Ren Zhong's operations were fierce and he lost money quickly, he still had the presence of an old god and a leisurely demeanor.
Anyway, he makes money easily, and money is just a number in his eyes, not life.
In the past, he always complained that the rules of the Yuanxing stock market were very bloodthirsty, the trading frequency was too fast, and there were never restrictions on sales and purchases, causing the stock market to appear as a cannibal.
But when he also burned money and smashed the market, using the cruel method of selling, buying, selling, and buying again in an endless cycle to continue to launch fierce attacks, he felt that this spiral acceleration mechanism was really a peerless magic weapon.
Ren Zhong believes that Wang Dingyuan has only one choice now, which is to decisively sell off all 35% of his shares and gamble on whether he can sell them for more than 170 billion.
Then the Wang family will have 350 billion in hand, and there is still a chance to pay off 300 billion in fines and another nearly 30 billion in loans.
Although the Wang family will lose Tianyuan Military Industry, they can at least save their lives and their citizenship. Even if they become slaves due to bankruptcy and debt, they are still citizens.
But Ren Zhong knew very well that Wang Dingyuan would not make such a choice.
He must want to give it a try.
Sure enough, Ren Zhong saw the "new technology" announced by Tianyuan Military Industry.
Ren Zhong immediately stopped his spiral smashing and started waiting for communication.
Not long after, Yinghao's communication reached Ren Zhong again.
"Stop it, it's a heavy responsibility. This positioning technology is very important to me. Yersun Commercial Bank also agreed to the Wang family's third mortgage loan application. They exchanged 35% of the shares for 250 billion. Now the Wang family has it.
We are about to get a cash flow of 430 billion. If you use your short selling method at most one more time, the stock will be eaten up by them."
"The Wang family has completely lost control of Tianyuan Military Industry, and will live with a total debt of more than 500 billion. The interest on the funds will torture them to death. The big family of the Wang family in Chengyi has been officially eliminated, and they can only
You can become a bank worker, my wage earner."
Ren Zhong's fingers tapped lightly on the table.
After ten seconds of silence, Ren Zhong grinned and said, "Since it is the president's request, of course I can't refuse."
"Ah That's good."
After hanging up the call, Ren Zhong clenched his fists slightly.
I made a mistake this time, not counting that the Wang family also had a new trump card in positioning technology.
This trump card sealed the deal.
Of course, we can’t blame Ren Zhong for making mistakes.
The information previously disclosed by Tianyuan Military Industry showed that they were indeed developing this positioning technology, but they did not announce the specific details. Neither Ren Zhong nor Yinghao expected that this technology would be so disruptive.
In space warfare, gun accuracy and power are equally important.
Ren Zhong sighed slightly.
It's such a pity that they were only one step away from completely wiping out the Wang family, leaving them with only one breath left.
But it doesn't matter, your trump card has been exposed, you will do it next time.
