Chapter 198: Zhang Peng Becomes the Scapegoat

Chen Yang thought for a while in the car, first called Lin Jianguo. He repeated what Yexin had told him about Zhang Jun and Zhang Peng brothers being suspected of crimes. He wanted to consult the latter, asking himself whether he could go find Chen Bing to settle this matter.

Lin Jianguo's side was silent for a while, then he said: "The matter of Zhang Group's involvement in organized crime, we in the bureau have actually received similar reports before. However, they are a star enterprise in the city; without solid evidence, launching an investigation would have a big impact. If there is related evidence on Xingcheng's side, you can let Chen Bing go check it out. You just don't need to show up." Lin Jianguo deliberately emphasized the last sentence, seeming not to want Chen Yang to get too involved in this case.

Chen Yang knew Lin Jianguo was concerned about his safety, so he decided to heed the advice. He repeated Yexin's original words via phone to Chen Bing, then continued inspecting the production line at Old Citizen Meat Industry Company.

At around one o'clock, Chen Bing sent him a message saying that only Zhang Peng had been arrested at the scene. Moreover, the latter had taken responsibility for everything.

Chen Yang guessed that after Zhang Daguo's meeting with Kong Jie, he certainly sensed the danger, deliberately letting Zhang Peng walk into the trap. This way, his son Zhang Jun would be taken out. Even the Zhang Group could push the blame onto Zhang Peng.

What a fine sacrifice of a pawn to save the chariot!

If nothing unexpected happens, they will still let Zhang Jun's shares in Dongjiang Securities be unfrozen. After all, this money was not directly transferred from Xingcheng Bank into the stock market. With Zhang Daguo's connections, there will surely be a way to clear his name.

Chen Yang immediately called Su Mingyue, telling him to prepare to take up Xingcheng Heavy Industry's stock at the lowest level, grabbing as many shares as possible.

Then he called Yexin back.

"Sister Xin, you know about Zhang Peng being arrested, right?"

"I know, it's a pity that one got away." Yexin's voice on the phone sounded a bit regretful.

"Let it go then." Chen Yang is now more concerned about the Zhang Group's funds. He asked Yexin: "Do you have a way to lock up Zhang Jun's shares in Dongjiang Securities?"

"You want to drain the Zhang Group's cash flow?" Yexin immediately understood Chen Yang's meaning. This is also the result she wants to see. So she immediately said: "I can have Zhuo Wenyuan step in to suppress the stock price, striving to drive down Xingcheng Heavy Industry's stock before Zhang Jun's shares are unfrozen. However, the money lost by Dongjiang Securities in this process, we need to make up for it. After all, they are state-owned assets controlled by the provincial SASAC; if their funds run into trouble, Zhuo Wenyuan definitely won't be able to bear it."

"Okay! Then ask them about their shareholdings so I can make a budget." Although Chen Yang dislikes Zhuo Wenyuan, in order to deal with Zhang Jun he is still willing to sit down and cooperate with him.

Yexin said: "I already looked into this beforehand. Dongjiang Securities holds eight million shares at an average price of twenty yuan and one fen two. The Zhang brothers hold forty-eight million eighty thousand six hundred shares at an average price of twenty yuan seven fen eight."

Chen Yang didn't expect that his guess was indeed correct—Zhang Jun really added investment. With a hundred million yuan in funds, if we can cut it in half, his plan will succeed.

"Sister Xin, first let Zhuo Wenyuan sell at twenty yuan per share. When the stock hits the limit down, I'll buy it back from him. Then he sells again, I buy again."

"Okay!"

After Yexin hung up, Chen Yang didn't intend to stay at the meat company; he drove straight home.

After arriving home, he directly logged into his Dongjiang Securities account. Together with Su Mingyue, he continuously placed orders to absorb shares. Before market close, he took in six million shares at an average price of eighteen yuan five.

On Zhuo Wenyuan's side, he sold off four million shares at twenty yuan each.

Xingcheng Heavy Industry's stock, after this round of suppression, finally closed at eighteen yuan five.

At the same moment, in a certain corner of Xingcheng, Zhang Jun, seeing his stock plummet violently, furiously smashed everything in the room that could be smashed except his laptop.

His stock account had been frozen for only one day, yet it had already shrunk by 11,050,000 yuan.

If it continues to plummet tomorrow, he can't even believe what the result will be.

At this point, Zhang Jun very much wanted to go to Dongjiang Securities to find Zhuo Wenyuan. But Zhang Daguo had already warned him again: before the shares are unfrozen, he absolutely must not show up; otherwise, they would break his leg.

After Zhang Jun finished smashing things, he collapsed on the floor. He couldn't understand: although he had transferred the funds very covertly, why was it still discovered that he was using bank loans to trade stocks?

Now his shares and the land bought for four hundred million yuan in International New City have both been frozen. If not handled well, the entire Zhang Group will be doomed.

Just thinking about having nothing in the future makes Zhang Jun feel fear and despair.

And his nightmare hasn't ended either.

Before Friday's market open, Chen Yang directly placed a two-million-share seal order, pushing Xingcheng Heavy Industry's stock down again to sixteen yuan six fen five. After the price was suppressed, he then bought four million shares at an average price of seventeen yuan.

At this point, his total holdings amounted to eight million shares, with the cost price lowered to seventeen yuan seven fen five.

At the same time, Xingcheng Securities' CEO Qi Yunxiang also bought two million shares at an average price of seventeen yuan, lowering his cost to eighteen yuan five.

Chen Yang and Qi Yunxiang's round of harvesting also brought down the bearish sentiment on Xingcheng Heavy Industry's stock; the final closing price became sixteen yuan seven fen, only five fen above the limit down.

This result directly caused Zhang Jun to collapse.

That afternoon, the Zhang Group officially issued a statement claiming the company's finances had no problems, and that they had cleared up the misunderstanding with Xingcheng Bank, promising to continue long-term cooperation thereafter.

At the same time, they also issued a simple notice stating: company employee Zhang Peng, suspected of job-related crime, has been fired by the company.

Yexin's side only provided evidence of Zhang Peng's crime in Xingcheng. Zhuo Wenyuan, although threatened by Zhang Jun, cannot clearly testify that the video was taken by Zhang Jun. As for Zhang Jun's threats to Zhuo Wenyuan at Dongjiang Securities, lacking on-site recordings, they also cannot serve as evidence for prosecution.

Therefore, the Xingcheng Public Security Bureau investigated for half a day and finally only arrested Zhang Peng, the scapegoat.

Fortunately, Chen Yang had anticipated this result, using the combined force of Dongjiang Securities and Xingcheng Securities to stubbornly press Xingcheng Heavy Industry's stock down to sixteen yuan seven fen.

At this very moment, Zhang Jun is already in a dilemma. If he wants to raise the stock price to cash out and exit, he must inject more funds, which would further compress the Zhang Group's cash flow.

If he chooses to cash out directly, Chen Yang has already prepared to further suppress the stock price.

He, Dongjiang Securities, Xingcheng Securities, and even Yexin, Huang BaiMing, Zhao Feiyang will unite to maximize the consumption of Zhang Jun's funds.