Reborn in 2014: A One-Man Tycoon
Chapter 403 Pinduoduo's IPO Halted
As they walked out of the Shanghai Stock Exchange, Old Song, clutching his forehead which was swollen with a large bump, said to Zhong Hongyi with grief and indignation:
"President Zhong, it was clearly that brat who caused us to lose hundreds of billions. Are we just going to let this go like this?"
The reason why Lao Song and Zhong Hongyi came to extort money from Pinduoduo was because they knew that Sidu's losses were all manipulated by Meng Chuan behind the scenes.
Otherwise, why would all of the Sun family's assets now belong to "Mengchuan Capital"?
Although their investigation revealed that Meng Chuan himself did not hold any shares in "Meng Chuan Capital".
However, they found that "Mengchuan Capital" was registered in Mengchuan County.
And the legal representative who was registered at the time was Meng Chuan.
Therefore, they were certain that Meng Chuan was the culprit.
That's why they came to find Meng Chuan today.
Unexpectedly, they didn't even get the "bamboo pole" they were supposed to hit, and Meng Chuan threw them out of the lounge.
They were prominent figures in the capital.
Who would dare treat them like that?
"Letting it go is out of the question. I'm going to teach him a lesson."
Zhong Hongyi said with a cruel smile:
"Arranging for online trolls to spread rumors about Pinduoduo's financial fraud must not be associated with us."
Pinduoduo's potential is immeasurable.
Whether they can obtain the distribution rights for Pinduoduo and whether they can subscribe to Pinduoduo's shares in advance is the only key to their ability to balance their books in a short period of time.
If not, then we must prevent Pinduoduo from going public.
We absolutely cannot let this "fat piece of meat" slip away right under our noses.
Once you cross the border, the shop is gone.
"I'll take care of it right away, and I guarantee no one will be able to trace it back to us."
Old Song said excitedly.
He was eager to know what would happen after Pinduoduo's IPO was halted.
What kind of expression will Meng Chuan have?
If Meng Chuan comes to him begging for mercy, he will definitely humiliate Meng Chuan severely.
Meanwhile, in the lounge, Old Wu's expression was still not good:
"Meng Chuan, I know you, but you also need to know where you are!"
Although Lao Wu gives people a very kind feeling.
But he is not without temper.
In the past, he would have definitely kicked Meng Chuan and the others out.
Anyone who dares to cause trouble here, regardless of the reason, is challenging his authority.
However, these are special times.
Pinduoduo managed to go against the tide and choose to go public at this sensitive time.
It's not just the leaders at the top who attach great importance to it.
Tens of millions of stock market investors are also eagerly awaiting the outcome.
If Pinduoduo's IPO is halted at this time.
The reaction it caused was too great.
Therefore, Lao Wu had no choice but to endure it.
"Understood, we are all law-abiding citizens."
Meng Chuan said with a faint smile.
"That would be best. Get ready! The bell will ring in a bit."
Old Wu suppressed his anger.
Meng Chuan's attitude was not humble enough.
Old Wu felt very uncomfortable, but he didn't want to cause any more trouble.
"President Meng, we're afraid we've already offended Old Wu."
Watching Lao Wu leave, Wang Zheng said with a wry smile.
Pinduoduo is listed in Shanghai, so we'll definitely need to ask Lao Wu for help quite often in the future.
Leaving aside financing and mergers and acquisitions, the regular reporting alone is quite troublesome.
Listed companies are required to disclose their annual reports in a timely manner, including audited financial statements, corporate governance, and other matters.
This allows investors to stay informed about the company's operating performance and financial status.
If Lao Wu were to slack off or nitpick, it would be a matter of minutes.
It can be said that Lao Wu has almost completely grasped Pinduoduo's Achilles' heel.
If Pinduoduo goes even slightly out of line, Lao Wu will have a firm grip on it.
"It's alright. Pinduoduo's listing is just my way of providing a safe haven for shareholders. If anyone dares to be ungrateful, I'll delist it in a heartbeat."
Meng Chuan said indifferently.
He wasn't short of money to begin with, and if it weren't for the impending stock market crash, Meng Chuan wouldn't have allowed Pinduoduo to go public.
Other companies go public to raise funds and expand their operations or scale.
But at the same time, a portion of the profits must also be shared.
Meng Chuan never wanted to share the profits.
He'll abandon anyone who dares to make things difficult for him.
Heroes may bleed, but they cannot shed tears.
As time passes by.
Everything was ready, and Wang Zheng and Meng Chuan were about to head to the ceremony venue.
Old Wu suddenly walked into the lounge with a cold face.
"Wang Zheng, is this how you try to fool me?"
Old Wu was really angry this time.
He put in so much effort, and even gave Pinduoduo a lot of green light for its IPO.
In the end, all his hard work was in vain.
"Director Wu, I...I don't understand what you're saying?"
Wang Zheng was completely stunned.
"Don't you understand? Look at the internet now, it's flooded with news questioning whether Pinduoduo has committed financial fraud."
Old Wu roared angrily:
Is the financial information you provided to me accurate?
Old Wu's words were actually a way for him to find some psychological comfort.
Pinduoduo's finances were personally audited by him.
However, he was also genuinely worried that there might be areas that couldn't be properly reviewed.
If that's really the case, then the responsibility he'll have to bear afterwards will be enormous.
"Impossible, Director Wu, I'm using Pinduoduo..."
Wang Zheng got anxious.
But Old Wu didn't give Wang Zheng a chance to finish speaking, waving his hand and saying:
"I don't want to hear your explanations! Suspend Pinduoduo's IPO! I need to restart your financial audit, and then we'll reschedule the IPO!"
Old Wu's decision wasn't wrong.
He just didn't want to take any risks; he was being overly cautious.
If it were an ordinary person, they would have no choice but to endure it.
But Meng Chuan wasn't the kind of person who would willingly accept such treatment.
"Old Wu, you should have audited Pinduoduo's financial statements before its IPO! What, are you doubting your own auditing capabilities or your own professionalism?"
Meng Chuan looked coldly at Lao Wu and said.
Meng Chuan's address of "Old Wu" only fueled Old Wu's anger even more.
"Meng Chuan, what do you mean?"
When Lao Wu is happy, many people call him Lao Wu.
But when Lao Wu is angry, who dares to call him Lao Wu?
If they actually had some connection, then it would be fine.
Meng Chuan, a mere young man, thinks that having some fame means he can call him Old Wu?
Furthermore, Meng Chuan's tone was questioning, which was tantamount to adding fuel to the fire for Lao Wu.
"My point is very simple: you should judge whether Pinduoduo has financial problems based on your own investigation. If there really were problems, you wouldn't have allowed Pinduoduo to go public in the first place."
Meng Chuan said coldly:
"Instead of jumping to conclusions and halting Pinduoduo's IPO at the slightest sign of trouble."
"Let me tell you plainly, if you dare to stop Pinduoduo's IPO today, you can beg Pinduoduo to go public in the future, but they will never do so."
Meng Chuan's attitude was very tough.
No other company would dare to speak to Lao Wu like that.
For the vast majority of companies, going public is the ultimate goal.
But Meng Chuan was very indifferent; whether or not the company went public was irrelevant to him.
"You've rebelled! You ignorant brat, you're practically defying the heavens!"
Old Wu was so angry that he pointed at Meng Chuan and trembled:
"Fine, today I announce that Pinduoduo is ceasing its IPO. I want to see how you'll make me beg you to let Pinduoduo go public!"
You'll Also Like
-
American Comics: I've turned Superman into a dark superhero and created a dark universe.
Chapter 247 4 minute ago -
Sailing: This Bounce-Bounce Fruit is a little different.
Chapter 150 4 minute ago -
Watching Nezha, the story of Nezha's suicide in the Investiture of the Gods brought tears to my
Chapter 293 4 minute ago -
Infinite: Starting from Resident Evil
Chapter 485 4 minute ago -
Marvel: I, Hermione, am from Hogwarts!
Chapter 156 4 minute ago -
Kaido, the father-in-law, used monster cells to create the strongest Beast.
Chapter 314 4 minute ago -
Primitive Tribes: Starting with the Name Daji
Chapter 1106 4 minute ago -
Anime Crossover: Godly Talent Shocks All Realms
Chapter 82 4 minute ago -
Primordial Era: I Became a Disciple of the Shangqing Sect After Being Become a Disciple of the Jie S
Chapter 56 4 minute ago -
Dormitory group chat, my information updated daily.
Chapter 298 4 minute ago