Chapter 311: Reducing US Stock Holdings, Debt Cleared

Zhou Zhengyang did not disappoint Xu Li. The construction of the vegetable greenhouse base in Panlong Zhen, whether in efficiency or engineering quality, was better than that in Heishui Zhen.

This made her very dissatisfied with the work in Heishui Zhen. She then again brought Lin Wei to Heishui Zhen, which is adjacent to Qingshui Xian Cheng.

Chen Yang then brought Professor You and two accompanying staff directly back to Laobaixing Meat Industry Co., Ltd.

After arriving at the company, Chen Yang held a senior management meeting and told Song Yajun, Du Yue'e, and others about his plan to pilot a scattered household livestock cooperation in Panlong Zhen.

However, regarding his plan, Song Yajun did not oppose it but still gave his opinion.

"Boss, if we want to guarantee pork quality, we can directly cooperate with the Meat Processing Plant. This would save time and maximize risk reduction."

Chen Yang did not agree with his view. "Factory Director Song, the meat from the Meat Processing Plant is not entirely high-quality. Moreover, the breeds of live pigs they purchase are mixed, resulting in differences in taste. Cooperating with farmers may require more initial funding and a longer cycle, but they raise the piglets and feed provided by the company, which can stably guarantee the quality of our product ingredients."

"To make a sausage brand succeed and grow, pork quality is very important. Although we currently have no competitors in Dongjiangsheng, that does not mean there will be none in the future. Only by continually improving product quality can we remain invincible against future competitors."

Song Yajun often dealt with the Meat Processing Plant and knew well the quality of its meat. Since Chen Yang wanted to guarantee pork quality and was willing to increase investment, he had nothing more to say.

Chen Yang, seeing that Song Yajun had no objections, had him prepare the specific matters for cooperation with Panlong Zhen. He also instructed Du Yue'e to draft a financial budget. Once the cooperation began, he would take this budget to Kong Jie to apply for some policy subsidies.

After the meeting ended, it grew dark. Chen Yang drove Du Yue'e back to the Lin family home. Since Lin Wei and Xu Li needed to stay an extra day in Qingshui County, Chen Yang only returned to his own dwelling after dinner.

The long night stretched on, his wife was not home again, so Chen Yang could only turn on his computer to observe the stock market situation.

Leading Technology's stock opened today and immediately dropped one point, then spent the whole day repeatedly jumping back and forth within a one- to two-cent price range.

Chen Yang suspected that Lan Qiyun did not want to excessively suppress the stock price, but merely wanted to psychologically torment the retail investors who had insulted her.

After all, the commission of Xinghui Financial Investment Co., Ltd. is 0.5 per ten thousand; buying one million shares of Leading Technology's stock, even if it rose only one cent, would yield a profit of 8,768 yuan.

Retail investors not only lost one point of their principal, but also had to endure a whole day of psychological torment.

Of course, just one day of sideways trading is not enough to destroy retail investors' confidence. At least the sharp-tongued posters on the forum remained defiant after closing, vowing to fight the 'evil forces' to the end.

Chen Yang estimated that Lan Qiyun could still spar with the sharp-tongued posters for a few more days. Since Yexin is the person with the least patience in the stock market, if she only made a few thousand yuan a day, it would be more unbearable than killing her. She would certainly not allow Lan Qiyun to continue acting willfully.

After checking the domestic stock situation, Chen Yang also looked at US stocks. Without looking, one wouldn't know; upon looking, he was startled to find that Mouyi's stock price had already risen to nine dollars, not far from his expectation.

Thus, Chen Yang called Guo Jin. After the call connected, he got straight to the point and said:

"Manager Guo, I think the time has come to sell Mouyi's stock. Ask your friend whether this price is satisfactory. If it is, I will first sell her portion."

"Guo Jin had Chen Yang wait a moment; five minutes later he replied, 'Boss Chen, my friend says she can sell her stock. Moreover, I also want to ask whether my own shares should be sold together.'"

"Chen Yang said, 'Manager Guo, I suggest you wait a few days. Selling your friend's stock today will certainly cause noticeable volatility. If you sell along with me now, it will be hard to maximize benefits.'"

Upon hearing this, Guo Jin immediately gave up the idea of selling his own shares. Since he could see Chen Yang's shareholding amount on the shareholder list, even after selling his friend's portion he still held a large stake. Before Chen Yang fully exited, he did not worry that his returns would decline.

Moreover, before selling the stock, Chen Yang also called Su Mingyue, informing her that she must sell the portion of Guo Jin's friend's stock. He told her not to panic and sell Liu Shijie's stock as well due to price fluctuations.

After giving these instructions, Chen Yang then began to slowly place sell orders.

It must be said, Mouyi's stock was highly sought after at this stage. The sell order he just placed was matched in the blink of an eye.

To maximize benefits, Chen Yang kept the sell order price always between 8.95 and 9.00 dollars.

This process was both slow and tedious, continuing until 4 a. m. when the US stock midday trading ended, at which point he sold the 20 million shares of Mouyi stock belonging to Guo Jin's friend at an average price of 8.97 dollars.

This transaction yielded a total income of 179,939,800 dollars.

Chen Yang saw that it was already very late and felt it inappropriate to call again. Thus, he sent Guo Jin a message informing him that he had sold 20 million shares of Mouyi stock at 8.97 dollars per share, and also told him the total amount after the transaction.

About ten minutes later, Guo Jin's phone rang. His voice was excited and thrilled.

"Boss Chen, you are really amazing! You actually managed to keep the stock price so stable. My friend thought that such a large-volume dump would cause at least a one-dollar drop, but it only fell three cents. She just felt it was unbelievable when she spoke with me on the phone earlier!"

"Chen Yang laughed, 'I was just lucky; I happened to catch the moment when retail investors' enthusiasm for Mouyi stock was at its peak. If I had sold a bit earlier, the situation might not have been so optimistic.'"

"Guo Jin then lavished Chen Yang with flattery before returning to the subject. He told Chen Yang, 'Boss Chen, my friend said that you only need to transfer the funds from today's transaction directly to her, and treat the 20 million US dollars you owe her as the commission for this stock agency; no repayment is needed.'"

Chen Yang did not expect Guo Jin's friend to be so generous, directly giving over two million dollars extra in commission, which made him feel a bit embarrassed. "Manager Guo, our agency contract stipulates only a ten percent commission. Your friend directly added it to twenty million US dollars—this is overly polite."

"Guo Jin laughed, 'You helped her earn over 159 million US dollars; this commission is nothing. In Hong Kong, for someone with your profit-making efficiency, giving a fifty percent commission would not be excessive.'"

Upon hearing this, Chen Yang expressed his thanks once more before ending the call. Two million US dollars equals over 16 million RMB. At this point, he truly had no need to be polite to anyone.