Chapter 628: Privatization

A century wedding gave the Yang Family Group another sign of rising.

But the subsequent Yang Family scandal again dealt a heavy blow to the Yang Family Group.

Now the Yang Family's image among Gangdao residents can already be considered notorious.

A ruined reputation directly affects business.

Although PR did well, the widespread negative news has already left PR powerless.

Tian Guoli, Wang Lin, Hu Lianxi, Lin Cong,... were as anxious as ants on a hot pan.

If the situation continues, the Yang Family is only one step away from collapse.

"Director Yang, what should we do now?"

They already have no solution.

Yang Qing was leisurely, as if everything was under control, giving them much courage.

"Don't rush; rushing won't help."

"Since the situation is bad and pressure is high, let's conduct an extreme pressure test."

"Remove our internal unstable factors."

"These years, we have been laying out in the stock market; now we hold a large amount of shares."

"They want to stir up trouble in the stock market, but it's operationally impossible."

"Moreover, the Yang Family Group's financing problem is not big; we have more self-owned funds."

"In this regard, there is also no big problem."

"Da Song Bank has always implemented a conservative financial policy, so there is no big problem either."

"The problematic ones are Harbor Light, Gangdao Telecommunications, Hang Seng Bank, etc., these industries taken over from HSBC."

"These industries, we have invested heavily in the past two years, especially Gangdao Telecommunications and Harbor Light."

"Always running a deficit."

"Harbor Light's low-price strategy offended the Kadoorie Family and behind them, Standard Oil Company..."

"Meanwhile, Gangdao Telecommunications' backbone network plan provoked Yingjiang..."

"That's how this calamity came about."

"But as long as we remain internally stable, these are minor problems."

What Yang Qing didn't say was that the Yang Family's comfortable lifestyle arrangement also dissatisfied Yingjiang, plus the Yang Family's Mainland policy, and Yang Fan bringing Tesla to Gangdao, and Yang Qihang bringing Youlong Company back to Gangdao.

The Yang Family's retreat obviously made Yingjiang unhappy.

Especially Youlong, Yingjiang's consortium only got over ten percent of the shares, far from satisfying their appetite.

"So you don't need to worry at all."

"Just endure a little longer, and the turmoil will pass."

Yang Qing is waiting for the stock crash.

By then, even if Baobo Mali is unwilling, it will have to come to an end.

With Yang Qing's words, everyone felt much more at ease.

After returning, they began to formulate a purge plan, stripping out the unstable elements within the company.

That is layoffs.

The Yang Family's layoff move made many people excited as if injected with chicken blood.

Even Bob felt encouraged.

"Good, Yang Qing really can't hold on much longer."

"Continue to increase public opinion guidance; when he can't hold on, that will be our time to act."

April 12.

The Yang Family cleared Apple shares.

Now Apple's valuation reaches 6 billion USD, and the Yang Family has recovered nearly 1 billion USD in funds.

When the news came back, Baobo Mali felt the Yang Family couldn't hold on much longer.

The Yang Family wanted to self-rescue, but he wouldn't allow it.

"Release Bang Geng."

Baobo Mali, let Bang Geng, as a stepson, divide the Yang Family's property.

For this, Baobo also hired a luxurious lawyer team.

The family property dispute dealt another heavy blow to the Yang Family.

After Qin Huairu found out, she was so angry she wanted to pick up a knife and kill this beast.

In the interview, Bang Geng portrayed himself as a poor orphan abandoned since childhood.

"Yang Qing took my mother away; after we later contacted my mother, he further interfered with our reunion."

"He imprisoned my mother in Gangdao, not allowing me to see her."

"I had no choice but to find Gangdao's."

"My mother, like those women of his sons, is controlled to bear children for the Yang Family."

"Lost freedom, lost affection."

"We want to save my mother."

"Yang Qing's property includes a share of my mother."

"It also includes my share."

"I want to rescue my mother and fight for her legitimate rights."

"At the same time, I also want to get what is rightfully mine."

He still has to compensate me for the suffering I've endured these years, the days without a mother, I've suffered too much injustice and bullying.

As soon as the image of this victim, Bang Geng, appeared, it elicited sympathy from countless kind-hearted people.

In no time, a large number of hot-blooded youths sprang up, wanting to seek justice for Bang Geng.

Public sentiment had been pushed to the extreme.

Although the Yang Family's PR responded quickly, Qin Huairu personally stepped forward to refute Bang Geng's viewpoint.

But Bang Geng looked pitiful.

"My mother must have been threatened by Yang Qing; this isn't her true intention. Unless she comes out and returns to my side, I won't believe her."

The Yang Family side.

Yang Qing basically didn't care at all; it's all bickering, all nonsense, whoever says it's right.

After this blow, the Yang Family's stock plummeted again, almost down to cabbage prices.

"Alright, it's time for us to act, to fully sweep up our company's shares."

"After triggering the privatization warning, directly approach the consortium and file a privatization application."

"The strength we've accumulated over these years is for use at this moment."

As soon as the Yang Family's privatization application was issued, it immediately caused a shock to Hong Fu.

Widespread delisting would deal a heavy blow to Hong Fu.

Youde personally sought out Yang Qing.

"Yang Qing, what you're doing puts us in a difficult position."

Yang Qing said he also felt helpless.

"Governor, you've also seen that the Yang Group has suffered heavy blows recently; many companies are doing poorly, and I believe before long they'll only be able to go bankrupt and liquidate."

"To avoid excessive losses for shareholders, while I still have some money on hand, I'll go ahead with privatization; this will let shareholders lose less, which is better than losing everything."

"Ah, I still remember 1973, when the tragic scene of high-rises collapsing was like dumplings falling."

"Even if the Yang Family faces further hardship, we can survive; many shareholders, if liquidated, could end up with nothing—I don't want the tragedy to repeat."

Youde certainly wouldn't believe Yang Qing would be so kind-hearted.

Moreover, he cannot allow the Yang Family enterprise to be completely privatized and delisted.

The Yang Family could be taken over by Yingjiang, but it absolutely must not be delisted.

Otherwise, the Gangdao stock market would likely crash overnight.

"President Yang, we've weathered these great winds and waves; what else could we not get through?"

"If really necessary, I can pull strings and use Yang Qing's company shares to secure a loan from HSBC."

"Rest assured, Hong Fu and HSBC will definitely help you get through this crisis."

The Yinglian people finally bared their fangs.

Especially Shen Bi, he had been waiting for this day.

Back then, how Yang Qing made him disgorge HSBC, Hongkong Electric…; now he wants Yang Qing to repay tenfold, a hundredfold.

Yang Qing chuckled, but remained unmoved.

"Thank you for your good intentions, Governor, but let's just forget it."

"Financing cannot change the current state of losses."

"Governor, you should also see that the Yang Family enterprise is suffering because of our Yang Family."

"So, it's better to go private, so shareholders don't suffer along with our Yang Family."

"After privatization, we'll then sell them off as a package; believe that without the Yang Family's drag, these companies will quickly regain vitality."