Chapter 558: ST Tianqi Hits Limit Down

「Senior, has your company given up acquiring Dongfang Pharmaceutical Factory? 」

「Still in talks, where did you get this news? 」

「It's all over the internet, go check it yourself. 」

「...... 」

Chen Yang was already ready to sleep, but Lan Qiyun's call dispelled his drowsiness instantly.

He went online and saw that the hot topics on the finance sections of major portal sites were all about Tianqi Pharmaceutical using the acquisition of Dongfang Pharmaceutical to raise its stock price for profit. Most of the discussion was unfavorable to Tianqi Pharmaceutical, and many shareholders who had bought ST Tianqi stock even cursed Chen Yang's ancestors eighteen generations over.

Chen Yang then checked Tianqi Pharmaceutical's official website and found that the news had not been released by the company's Corporate Secretary, which improved his mood a bit.

At that moment, He Wanqiu's call also came through.

「Chairman, the people of Dongfang Pharmaceutical are truly despicable; they clearly raised the price themselves, yet now they're smearing us with dirty water. I've already had the legal department gather evidence—I will definitely sue them! 」

Chen Yang thought for a moment and told He Wanqiu, "General He, first investigate the source of the rumor; don't subjectively pin the target on Dongfang Pharmaceutical. If it's actually other capital trying to short our company, we also need to be prepared to respond."

He Wanqiu said confidently, "Chairman, rest assured, I will definitely find the person behind the rumor before the stock market opens tomorrow."

Chen Yang worried that she might overreact due to concern, and reminded her, "General He, don't rush. Our company's stock is currently hot; a slight cool-down is no problem."

He Wanqiu mainly feared being blamed by Chen Yang for not doing her job well. Since the boss didn't mind, her nervousness gradually faded.

That night, many people were destined to be unable to sleep.

After dawn, although Corporate Secretary Zhang issued an announcement clarifying that the company had not used the Dongfang Pharmaceutical acquisition incident to manipulate the stock price, ST Tianqi's stock still hit the limit down as expected.

"Senior, do you want me to join forces with General Qi to push the stock price up?" Lan Qiyun again sent Chen Yang an email at the earliest opportunity.

"Don't intervene for now." Chen Yang had already been suspected of leaking information by He Wanqiu and many shareholders; if Lan Qiyun and Qi Yunxiang jointly lifted the limit down, that would solidify the evidence.

Seeing that Chen Yang was not worried about the stock decline, Lan Qiyun could only give up the idea of buying the dip.

However, Chen Yang was not in a hurry, but Liu Jianghua was, and a phone call summoned him again.

"Chen Yang, you little brat, what tricks are you up to again?"

Facing Liu Jianghua's accusatory inquiry, Chen Yang immediately explained, "Governor, Dongfang Pharmaceutical raised the price unilaterally, demanding we pay them an extra hundred million. I just didn't want to be a sucker, and as a result all sorts of messy news came out."

Upon hearing that Dongfang Pharmaceutical wanted an extra hundred million, Liu Jianghua was also shocked. He frowned slightly and said, "Chen Yang, you wouldn't suspect that this news was leaked by Dongfang Pharmaceutical people, would you?"

Chen Yang neither nodded in admission nor denied it, but said, "I've already had General He investigate the truth. If Dongfang Pharmaceutical people are maliciously spreading false rumors to slander our company, we'll directly report it to the police."

Liu Jianghua told Chen Yang, "Dongfang Pharmaceutical's unilateral price hike is outright nonsense! Rest assured, I will communicate with the relevant officials and ensure this acquisition goes through."

Chen Yang did not want Liu Jianghua to continue intervening, and he politely said, "Governor, this is a normal negotiation between our two companies; if you forcibly intervene, people will say I'm using your banner to bully others everywhere."

Liu Jianghua was eager to promote the merger of the two Xingcheng pharmaceutical companies, but after Chen Yang's reminder he also felt it was a bit inappropriate. If Dongfang Pharmaceutical's shareholders didn't want to sell, wouldn't he be playing the villain?

"Chen Yang, be honest—do you actually have any interest in acquiring Dongfang Pharmaceutical?"

Chen Yang directly said, "Governor, our company currently lacks no profitable projects. If Dongfang Pharmaceutical is willing to sell at a suitable price, I definitely have interest. Otherwise, we can't force it— a twisted melon is never sweet."

Upon hearing this, Liu Jianghua knew Chen Yang still had interest in Dongfang Pharmaceutical, but the price hadn't met his psychological expectation.

In that case, he would rather not intervene, because helping either side would leave the other feeling wronged.

"Chen Yang, since you each have your own ideas, I'll stay out of it. In short, you must make Tianqi Pharmaceutical succeed and not let it get delisted."

Chen Yang said with a smile, "Governor, rest assured! Even if I'm clueless, I won't go against my own money."

Liu Jianghua had no doubt about Chen Yang's money-making ability. In just over two years he went from a poor kid to the nation's richest person—truly a miracle in the financial world. His reminder mainly stemmed from worry that the other side might get too carried away and overlook the dangers lurking beneath.

"Chen Yang, this time you went to Lianzhou City to invest, many comrades couldn't sit still. They all reported to me, hoping you would go and have a look there."

Chen Yang actually wanted to further expand the market of the common people's agricultural products trading company in Dongjiangsheng, but this must be done step by step; if handled poorly, it would lead to many detours.

These prefecture-level cities in Dongjiangsheng are generally similar—poor economies. Economic downturn means low worker incomes, which leads to many social problems.

Take Qingshui City, for example—Chen Yang's deep impression is that the locals don't like to work; the young indulge in drunkenness and debauchery at various entertainment venues, while the elderly while away their days playing cards in teahouses. This has created great social disorder, and in severe cases even illegal and disorderly conduct.

And this phenomenon even persisted until before his rebirth.

Therefore, Chen Yang still hopes from the bottom of his heart to undertake some projects, using his ability to give those who have hope for life some hope in life.

Although the Spring Festival travel rush is spectacular, not everyone wants to live a life of leaving home and wandering.

"Governor, I can chat with the members of the East Jiang Business Alliance to see if they have any intention of developing in other regions of the province."

"Okay!" Liu Jianghua said satisfiedly: "As long as they are willing to invest, the government will definitely provide the best preferential policies."

Seeing Liu Jianghua support his action, Chen Yang returned to the company and immediately spread the relevant news.

At the same time, he also released news externally, intending to recruit more members within Dongjiangsheng to add bricks and tiles to the province's economic development.

That day, ST Tianqi finally closed at the limit-down price, and He Wanqiu's investigation into Dongfang Pharmaceutical yielded no results.

After deliberation by the board of directors, they ultimately decided to temporarily abandon the acquisition of Dongfang Pharmaceutical.

This decision caused ST Tianqi to hit the limit down again when the market opened the next day.