Prev
Ch. 580 / 115850%
Next

Chapter 580

~8 min read 1,435 words

January 15th, evening.

A cargo ship of over 300,000 tons was slowly sailing on the Taipingyang.

Its departure point was Aodaliya, and its destination was Little Japan Big Plank Harbor.

It carried high-grade iron ore, copper ore, and various other rare metal ores.

The total value of the cargo was about one hundred million US dollars.

It set out at the beginning of the month, with an estimated arrival on the 20th.

Making this trip could earn at least seven percent pure profit on the cargo, or about seven million US dollars.

Lin Feng had had his eye on this ship for a long time.

Because Masheng Jiliang not only handled transportation but also acted as an agent for the cargo.

That is, he directly paid for the goods in Aodaliya, bought them, and after bringing them back to the country, sold them.

Of course, he had already negotiated the price with the buyer beforehand and signed a contract.

According to information from Yang Huairi, Masheng Liangji, in order to save costs, surprisingly did not purchase insurance for this ship's cargo.

The main reason is that this sea route is very safe.

After running this route for a long time, they became complacent.

On the futures side, Masheng Liangji has already lost over 1 billion US dollars.

If this cargo ship is destroyed, for his shipping company it would undoubtedly be a fatal blow.

This 300,000-ton-class giant vessel is named the Tianyun.

The night was as dark as ink, and at a point several nautical miles from the Tianyun, Moli No. 2 dropped a naval mine.

It was also a naval mine produced during World War II by little Japan, a spherical shape covered with triggers.

This was also bought from a Da Mao collector.

After pulling out the safety, it was thrown directly onto the sea surface.

The naval mine itself has no power and will drift with the ocean currents.

But the drop point, as well as the ocean currents, wind force, etc., have all been calculated.

A giant vessel several hundred meters long, even with a deviation of a hundred meters, could still be hit.

After the drop, Moli No. 2 immediately ascended.

Lin Feng sat in the cockpit, looking at the large screen.

The screen displayed a ship silhouette representing the Tianyun.

A moving red dot represents the naval mine.

The Tianyun sails slowly, while the naval mine also approaches slowly along a diagonal direction.

A distance of several nautical miles actually took over twenty minutes!

However, this period of waiting was worth it.

The naval mine represented by the red dot appeared on the left side of the ship silhouette, about to collide.

"Whoosh~"

Lin Feng let out a breath, this will definitely hit.

Although the position seems off by several tens of meters, blowing up and sinking this ship should pose no problem at all.

Suddenly——

A flash of fire ignited.

Immediately followed by a "Boom".

A naval mine loaded with several hundred kilograms of explosives—let alone this cargo ship, even a modern aircraft carrier could not withstand this blast.

The blast point was located at the rear part of the ship's midsection.

The blast's force directly lifted the hull several meters into the air, and immediately a huge hole appeared in the hull.

Seawater surged in frenziedly.

In just a few minutes, one-third of the giant vessel had sunk into the seawater, with the bow almost standing upright.

Meanwhile, the crew aboard shouted and screamed, clutching life rings as they jumped into the sea, then frantically swam away.

"Let's go!"

In the cockpit of Moli No. 2, Lin Feng said lightly.

In the night, the Moli silently departed.

January 16.

This week's last trading day.

Last night, the news that the 300,000-ton-class cargo ship Tianyun of Hongyun Zhishi Company had exploded and sunk has already been transmitted back.

As soon as the stock market opened in the morning, Hongyun's share price plummeted rapidly.

By the morning close, it had dropped 15 points.

If there were no other bad news, the share price would remain at this level.

Perhaps it might rebound in the afternoon.

The loss of this ship accounts for less than one percent of Hongyun's assets.

It is more due to shareholders panicking and selling off.

However, at noon when the market closed for lunch, another piece of unfavorable news about Hongyun was exposed.

The losses that Masheng Liangji had desperately tried to conceal in the futures market were exposed.

The exposed news was analyzed very professionally, ultimately concluding that Hongyun's capital chain would break.

Upon receiving the news, Masheng Liangji had no time to attend to his son Masheng Zhishu, who was lying in the hospital receiving treatment.

They immediately contacted a private plane that was about to return to the country.

After returning to Dongjing, the afternoon stock market had already opened.

The stock price continued to plunge sharply.

Compared with yesterday's price, it fell by thirty percent.

And it kept falling.

While Hongyun's stock price plunged, the stock prices of other shipping companies also fell.

When the price dropped below thirty percent, Liu Cangyun stepped in and bought a large amount of Hongyun's shares.

When the price rose, they sold a large amount again.

In short, they simply prevented Hongyun's stock from rising, absorbing shares within a reasonable price range.

An hour after the market opened in the afternoon, seeing the price unable to hold, a wave of panic selling by retail investors erupted.

Now whatever amount appears, Liu Cangyun buys that amount.

Then another piece of news was revealed.

Hongyun Shipping owed the bank a huge sum of money…

Hongyun's publicly traded shares accounted for forty percent of its total share capital.

After that day's closing, Lin Feng's Yufeng Stock Company had already absorbed twenty-five percent of the floating shares,

becoming Hongyun's second-largest shareholder.

After the afternoon close, Hongyun announced the convening of a shareholders' meeting.

Upon receiving the news, Lin Feng smiled.

The shareholders' meeting tomorrow can directly kick Ma Sheng Liangji out of the board.

Hongyun Shipping will become a subsidiary of Yufeng Stock Company.

This acquisition is far more profitable than buying Mingyang Metal.

Mingyang was a premium acquisition, whereas Hongyun Shipping was obtained at about half price.

This is a company with annual profits exceeding one billion.

It is only because in the past two years they invested in many large‑tonnage cargo ships and borrowed heavily from banks that cash flow became tight.

Of course, after completing the acquisition, further maneuvers are required.

Ma Sheng Liangji may not end up bankrupt and jumping off a building, but he will fall from the rank of billionaire.

With no money left, he is probably of no use to Xiao Rizhi Da Siguan either.

What lawsuits are left to fight?

January 17, Saturday.

The already frazzled Ma Sheng Liangji made a call, telling his son Ma Sheng Zhizhu to return home.

In any case, his health is now not a serious issue, and domestic medical facilities are better.

He really has no energy now to fight for his son's justice.

Moreover, he understands that this was originally caused by his son.

If the lawsuit continues, with billionaire Lin Feng backing it, Zhao Xiaoyang will never be dealt with.

Previously it was just extreme anger, making a clear stance, showing everyone that Xiao Rizhi is not to be trifled with.

Now he's on the brink of bankruptcy; if he keeps pushing, former friends and Da Siguan won't help him.

Xiao Rizhi is also very pragmatic.

Rich peers of the same level can band together and have fun.

But if you fall behind, sorry, you can go your own way!

Ma Sheng Zhizhu also learned of the family upheaval and lost the aura of a billionaire's second generation.

He booked a ticket that same day.

Here, after finishing the call, Ma Sheng Liangji walked into the conference room.

More than a dozen shareholders of the board were already present.

As chairman, Ma Sheng Liangji sat in the chairman's seat.

He looked up, scanning, and saw the directors wearing solemn expressions.

Then he glanced at the empty seat on his left.

The newly arrived major shareholder hadn't arrived yet.

Without the second shareholder, this meeting couldn't proceed.

After a few minutes, Yun Luan and Liu Cangyun entered the conference room.

Yun Luan wore a white suit, bright lipstick, her hair tied up, looking like a shrewd female chairwoman.

"Sorry everyone, I'm late."

Yun Luan smiled, said it in Japanese, and bowed politely.

Ma Sheng Liangji frowned while staying seated, but the other minor shareholders all stood up.

◈

End of Chapter

Prev
Ch. 580 / 115850%
Next
Prev
Ch. 580 / 115850%
Next