She went to the wrong table on a blind date and ended up getting married to a billionaire CEO.
Chapter 199 Capital Game
The morning sunlight streamed through the floor-to-ceiling windows into the trading room of Shen's Jewelry headquarters, but it couldn't dispel the somber atmosphere.
On the big screen, a blinding red color appeared.
Shen's Jewelry's stock price has hit the daily limit down again, marking the third time this week.
The stock price, which was as high as 86 yuan a few months ago, has now fallen to 28 yuan, and the market value has evaporated by more than 30 billion yuan.
The trading room was completely silent, save for the sounds of keyboards clicking and hushed conversations.
Everyone's expression was filled with anxiety.
Some people kept rubbing their hands, some were anxiously biting their nails, and others were staring blankly at the screen, as if trying to imprint those jumping numbers into their eyes.
Shen Zejun stood in front of the floor-to-ceiling window, looking down at the bustling crowd below.
They were either rushing about or strolling leisurely, a stark contrast to the tense atmosphere here.
"Chairman," the assistant rushed in, his face grave and beads of sweat on his forehead, "the media is amplifying our negative news again. Rumors are circulating online that the Shen Group is on the verge of bankruptcy."
Shen Zejun turned around and took the tablet his assistant handed him. The headlines from major financial media outlets on the screen stung his eyes:
The crisis at Shen's Jewelry continues to escalate, with its stock price hitting new lows.
Several institutions downgraded Shenshi Jewelry's rating, advising investors to cut their losses promptly.
Insider reveals: Shen's Jewelry faces cash flow crisis and potential bankruptcy.
Suppliers are demanding cash on delivery, putting Shen's Jewelry in a cash crunch.
Shen's Jewelry: Thirty Years of Glory, Collapsed in an Instant?
Each headline was like a sharp knife, piercing his heart.
What is the situation regarding panic selling by retail investors?
Shen Zejun rubbed his temples, his hoarse voice revealing deep exhaustion.
“It’s very serious.” The assistant pulled up a set of data, his fingers trembling slightly. “Since the market opened, retail investors have sold more than 30 million shares.”
Market sentiment is extremely pessimistic. According to backend data, over 60% of retail investors have sold at a loss and left the market.
Shen Zejun's gaze fell on the trading screen, where the stock price continued to fall.
Thirty years of hard work evaporated little by little amidst the market panic.
He felt as if an invisible hand was gripping his heart tightly, causing him unbearable pain.
Just then, the trader suddenly shouted, "Chairman, there's a strange phenomenon!"
"What's going on?" Shen Zejun quickly walked to the trader's side.
"A company called Huarui Capital has been buying our stock in large quantities since yesterday." The trader quickly pulled up the data, his fingers flying across the keyboard:
"They seem to be taking advantage of the situation to build positions, and the pace of their buying is very regular, as if they are deliberately controlling the price to prevent it from rebounding too quickly."
Shen Zejun narrowed his eyes. Hua Rui Capital? He'd been in the financial world for years, yet he'd never heard of this company. What was their intention in buying up so much of Shen's stock at this time?
“Go check out this company’s background,” he told his assistant, a sharp glint in his eyes.
The assistant quickly brought the investigation results: "Hua Rui Capital is a newly established financial company with a registered capital of 5 billion yuan."
The shareholder information shows that they are several offshore companies, but the ultimate beneficiaries cannot be found.
The company was only three months old, but its operational methods were quite sophisticated, clearly indicating that it was run by an experienced and seasoned investment team.
Shen Zejun frowned. At this time, for a company of unknown origin to suddenly offer assistance, there must be something more to it than meets the eye.
But now, he no longer has the energy to investigate those matters. The most important thing right now is to solve the immediate crisis.
"Chairman," the secretary entered, her expression grave, "Mr. Haize sent someone to ask if you've considered his proposal. He said the longer it drags on, the harder it will be to restore market confidence."
Shen Zejun stood by the window, remaining silent for a long time.
The sunlight outside the window was still bright, but his heart grew heavier and heavier.
Through the reflection in the glass, he saw that there seemed to be a few more gray hairs on his head.
Thirty years of hard work, from struggling to going public, and to its current scale, every step has been incredibly difficult.
Thinking back to the hardships of starting from scratch and looking at his current predicament, his heart felt as if it were being torn apart.
Now, however, he has to choose between saving the company and relinquishing some control.
For a founder who started from scratch, this is tantamount to cutting off a piece of his own flesh.
“Inform the board of directors,” he finally spoke, his voice slightly hoarse, “that an emergency meeting will be held this afternoon.”
3 PM, Shen's Jewelry headquarters conference room.
Sunlight streamed in through the floor-to-ceiling windows, bathing the entire space in a warm golden hue.
But at this moment, no one is in the mood to appreciate the beautiful scenery.
Board members arrived one after another, and everyone looked very serious.
The recent stock price plunge and negative news have put unprecedented pressure on everyone.
Some people kept checking their phones, keeping track of the latest stock market trends; others were talking in hushed tones, discussing various possible countermeasures.
"Everyone," Shen Zejun looked around, his gaze lingering on each person's face for a moment:
"The Haishi Group has proposed to invest 20 billion yuan in exchange for 30% of the shares. What do you all think of this proposal?"
A murmur of discussion immediately filled the conference room.
"These are extraordinary times, and the involvement of strategic investors like Haier is very helpful in stabilizing market confidence."
"But isn't 30% of the shares too much? This is the culmination of 30 years of our hard work."
"But if we don't accept this, banks will tighten credit lines, and suppliers will demand cash on delivery. We won't be able to hold on for long. Stores all over the country are calling to inquire about the situation, and the rate of customer order cancellations is steadily increasing."
"Hayst has a complete industrial layout and abundant upstream and downstream resources. If we can reach a cooperation agreement, it might be a turning point for us."
Shen Zejun listened quietly to everyone's discussion.
Everyone has a point, but this is no longer the time to haggle.
If this drags on any longer, the company may fall into an even bigger crisis.
“I agree with Hai’s plan,” he finally said, his voice firm.
Everyone was stunned.
Unexpectedly, the usually assertive chairman made concessions so quickly.
But they all understand that this may be the best option at present.
That evening, news of the strategic cooperation between Hai's Group and Shen's Jewelry spread throughout the business world.
This news immediately sparked heated discussions.
"Haize spent 20 billion to save his wife from financial ruin; that's true love! A son-in-law from a wealthy family is truly different."
"Don't be naive. Top-tier conglomerates like the Hai family make every investment with meticulous calculations."
Two hundred billion for 30% of Shen's shares—this was a well-timed, low-price acquisition. Keep in mind that three months ago, those shares would have cost five hundred billion.
"The Hai family has always had a keen eye for investment. The fact that they dare to enter the market at this time shows that the Shen family still has a chance to turn things around."
This is likely the most noteworthy merger and acquisition deal in the A-share market recently.
The online discussions were heated, but the market reaction was the most direct. The next day, when the market opened, Shen's stock price finally stopped falling and stabilized, and began to slowly recover.
Shen Zejun stood by the window, watching the numbers flashing on the trading screen, and finally breathed a sigh of relief.
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