Reborn: Shorting My Father's Company to Become the Richest Man
Chapter 129

The Break Under Pressure

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On the first weekend of the western month, Lin Wanqing stepped into City Detention Center again.

Different from the past, this time, she no longer had the anxiety of weighing the pros and cons, only a cold determination and a touch of boredom remained in her heart.

The spring scenery outside the window did not shine into this solemn corridor at all, and the sound of high heels hitting the ground was more urgent and distant than before.

In Meeting Room, Zhao Jianguo looked even more haggard than last time, and the luster in his eyes dimmed a bit, leaving only a stubborn turbidity.

Lin Wanqing sat down and picked up the receiver. He omitted even the customary "Are you okay?" and just glanced at him lightly, as if he was looking at an asset that needed to be dealt with urgently but whose value had greatly decreased.

"Shareholders' Meeting is finished."

She got straight to the point, without any warmth in her voice.

"Subscription Plan passed, the price is set at 6.2, ten supply to the west. The record date is April 28, and the ex-rights date is April 27. The process has been started and is irreversible."

Zhao Jianguo's throat moved and he asked in a hoarse voice, "You... didn't... again at the meeting"

"Is objection useful?"

Lin Wanqing interrupted him, and the corners of his mouth curved into a smileless arc.

"He was absolutely Voting Rights, and the procedures were impeccable. I expressed 'professional concerns,' nothing more.

It's meaningless to say this now, let's think about what we should do."

She leaned forward slightly, lowered her voice, but her tone was unquestionable and decisive:

"My opinion is very clear, we do not subscribe.

Rights Issue is tradable. At the current stock price, there is a discount of more than one yuan per share.

We sold Rights Issue corresponding to the shares in our name in batches on the market and cashed out first.

In this way, we don't have to pay a penny, and we can get free cash, which relieves our current financial pressure.

It's just that the shares have been diluted, but you are still Major Shareholder, what are you afraid of?"

"No!"

Zhao Jianguo almost roared into the receiver, coughing a few times due to excitement, and his face turned red.

"Do you know what dilution means? I'm Pledge Ratio now!

Once the stock price drops due to Rights Issue or other fluctuations, my pledge ratio will be higher after the shares are diluted, and the brokerage may ask me to supplement the margin or even Forced Liquidation at any time!

By then, let alone the controlling stake, I may not even have any pants left! Participate in Rights Issue and get new shares. Not only can you maintain the ratio, but the new shares themselves can replenish the collateral. This is the safest way!"

"Safe?"

Lin Wanqing's voice suddenly turned cold, with unabashed sarcasm.

"Zhao Jianguo, wake up! The most insecure thing for us now is our cash flow!

The few hundred million in our hands are the last Lifeline Funds, the guarantee for the future of our children!

Throw them all into the pit of Rights Issue. Once there is any further disturbance in the company, or if your precious son does something else, we will immediately become meat on the chopping board and be slaughtered by others!

As long as we have cash in hand, we can still deal with it and find a way out. If the money is gone, there will be nothing left. Your equity ratio is like a paper castle that can be broken with a single poke!"

"That's Henglong! It's my life's work!"

Zhao Jianguo clutched the receiver tightly, his finger joints turning white.

"Without the controlling rights, is Henglong still mine? What's the difference between death and death? You just focus on the cash in front of you, you are short-sighted!"

"Yes, I am just short-sighted! I only know how to live so I can think about tomorrow!"

Lin Wanqing's anger also rose, his voice was lower but sharper.

"Don't you know what your hard work is like now? It's just a bottomless pit that needs to be filled with money!

Zhao Chen is taking it on a road that we are completely unfamiliar with and have no control over! Are you still thinking of relying on it to make a comeback?

Dreaming! What we have to do now is not to save Henglong, but to save ourselves! It is to rescue as many valuable things as possible from this sinking ship!"

Separated by the thick glass, their eyes collided like hardened blades, and the air was filled with the cold smell of gunpowder.

They both tried to persuade the other party, but found that the other party's logic was vulnerable to their own fears and appeals.

The heated argument suddenly fell into stalemate silence, with only the sound of heavy breathing faintly transmitted through the receiver.

In this suffocating silence, Zhao Jianguo suddenly raised his head, his eyes became extremely sharp and disappointed,

He asked a question that had been lingering in his mind for a long time, but he couldn't bear or dared not delve into it:

"Wan Qing, tell me honestly... are the details of my case... did you... have someone insert it into the media?"

Lin Wanqing The blood on his face suddenly faded away.

Her pupils suddenly shrank, her hand holding the receiver tightened suddenly, and she almost instinctively retorted in an overly rapid and sharp voice:

"What nonsense are you talking about! How could it be me! That's Zhao Chen, it must be him trying to attack you..."

"Look at me!" Zhao Jianguo growled, interrupting her pale defense.

He stared closely into her eyes, and the flash of panic and evasion in them told everything.

No more evidence is needed, years of getting along and one look is enough.

End of Chapter
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