Chapter 559: Crisis Temporarily Averted

"Chairman, we need to think of a way to lower shareholders' panic, otherwise the stock will still hit the limit down tomorrow." Seeing her company's stock hit the limit down for two consecutive days, President He Wanqiu couldn't sit still.

She couldn't understand why, even though the company was clearly profitable and she had come forward to explain the related rumors, nobody was willing to believe the truth.

By comparison, Chen Yang, who was serving as chairman of a listed company for the first time, remained calm in the face of the situation. In his view, a stock that had already been ST and hit the limit down for six consecutive trading days amounted to just one day's limit-down volume on the later Beijing Stock Exchange. It was hardly worth making a fuss over.

Moreover, as an experienced shareholder, Chen Yang also knew very well that those shareholders who kept eating noodles and hadn't fled would no longer believe unfounded negative news. They would actively seek out favorable information about the company to prove their choices were correct. Even if the company itself had no good news, they would fabricate good news to brainwash themselves.

Therefore, at this time, those still suppressing the share price are either capital lacking confidence in Tianqi Pharmaceutical, or short sellers maliciously depressing the price to cheat retail investors out of their shares.

If Chen Yang weren't the company chairman, he would have already started buying the dip at this point.

Of course, given Chen Yang's understanding of Lan Qiyun, she definitely couldn't sit still either. Once there were enough shares in the market, it would be time for her to act.

"General Manager He, go tell Corporate Secretary Zhang to issue a statement denouncing East Pharmaceutical Factory's dishonest conduct."

He Wanqiu, upon hearing this, said a little embarrassedly: "Chairman, we haven't found any evidence of East Pharmaceutical Factory spreading rumors; what if we get it wrong?"

Chen Yang thought He Wanqiu was still too kind, smiling as he said: "If they feel wronged, let them produce their own proof of innocence. Otherwise, it's their problem."

He Wanqiu paused, wondering, "Let them prove themselves? Can we really do that?" She said anxiously: "Chairman, what if they refuse to admit it and also won't produce evidence?"

Chen Yang calmly said: "Since they can't clear their suspicion, they can only bear the responsibility. You need to understand that if it weren't for their last-minute price hike, we would have already completed the acquisition of East Pharmaceutical Factory."

He Wanqiu agreed with Chen Yang's view. The negotiations had been going well, but the representatives of East Pharmaceutical Factory suddenly added an extra hundred million yuan just because Chen Yang was the nation's richest person.

Too shameless!

She was about to go talk to Corporate Secretary Zhang when Chen Yang's secretary, Zhang Lan, hurried in on high heels, excitedly saying: "Chairman, General Manager He, our stock has started to rise!"

Chen Yang opened his computer to check the ST Tianqi stock; the limit-down board had indeed been lifted, and the price was gradually rising.

Seeing this control of the market, Chen Yang immediately guessed it was Lan Qiyun's doing.

Seeing her company's stock quickly rebound, the worry on He Wanqiu's face vanished, and she happily told Chen Yang: "Chairman, it looks like we don't need to issue that announcement after all."

"No, the announcement still needs to be issued." Chen Yang said solemnly: "If others have stabilized our share price and we don't give them some positive news as backing, it will leave people feeling cold. If the same situation arises again, no one will help us."

He Wanqiu thought Chen Yang made sense, so she called Corporate Secretary Zhang and conveyed his instructions.

As Corporate Secretary Zhang's statement denouncing East Pharmaceutical Factory's lack of integrity went up on the official website, ST Tianqi's stock ultimately completed a limit-down to limit-up reversal.

Witnessing this, He Wanqiu couldn't help but marvel at the fascinating charm of the stock market.

And Chen Yang's calm composure throughout also earned her deep admiration.

She still remembered how, when Chen Yang first took over the company, he made several hundred million in the stock market; back then she had pinched her thigh hard for a long time, and even now she still finds it unbelievable.

China's Stock God truly lives up to his reputation!

He Wanqiu suddenly thought of something and said a bit regretfully: "Chairman, now that this announcement is out, we probably have no chance of cooperating with East Pharmaceutical Factory anymore."

Chen Yang laughed confidently: "General Manager He, you're wrong; they'll be back to see you soon."

"Why?" He Wanqiu looked at Chen Yang, puzzled, and asked doubtfully: "Public opinion pressure has already reached them. They surely hate us to death—how could they possibly talk about cooperation again?"

Chen Yang countered: "If you were the head of another company, would you cooperate with a firm that lacks integrity?"

He Wanqiu shook her head. Soon she understood Chen Yang's meaning: "Chairman, this 'diverting the flood eastward' trick of yours is really clever! If outside companies don't trust East Pharmaceutical Factory and can't find another buyer, they'll ultimately have to come back and negotiate with us."

Chen Yang said modestly: "I'm not that miraculous. The main reason for this farce is East Pharmaceutical Factory. Since they didn't help clarify the rumors, they can't shake off the suspicion of spreading them."

At that moment, Chen Yang's secretary exclaimed again: "Chairman, General Manager He, East Pharmaceutical Factory has issued a statement saying their company has no integrity issues."

Chen Yang laughed: "Their chairman is still locked up in a little black room—who would believe they have no integrity issues? We can just ignore it."

He Wanqiu suddenly felt a bit sympathetic toward East Pharmaceutical Factory. But thinking of their shameless price‑gouging attitude and how she herself had been tossed about these past days, unable to sleep well, she instantly felt that even the pitiful have something hateful about them.

Since Chen Yang had already settled the trouble, she could also attend to her other work with peace of mind.

After He Wanqiu left, Chen Yang told his secretary: "Zhang Lan, go gather information on other pharmaceutical companies in Dongjiang Province. If the acquisition of East Pharmaceutical Factory fails, we'll negotiate with a new pharmaceutical company."

Zhang Lan blinked her big doe eyes and asked Chen Yang: "Chairman, are you going to keep using mergers and acquisitions to boost our company's stock price?"

Seeing her deliberately pressing down the big white rabbit, Chen Yang replied unhappily: "For the company to expand, mergers and acquisitions are the simplest and most efficient means. Don't let your mind wander with idle thoughts—doing things solidly is the right path."

"Alright, I'll go get the materials right away." Zhang Lan left, unwilling, seeing that Chen Yang was unmoved by her beauty.

After seeing her leave, Chen Yang also felt a weight lift off his chest. Since his identity as the richest person was exposed, aside from Shen Anna and a few old subordinates from the trading company, the looks of other people of the opposite sex toward him have changed.

Of course, Chen Yang also knew this was all trouble brought on by money. But before he had completely severed ties with the Lin and Hu families, he didn't like being surrounded by too many scandalous romances.