Zhao Chen's fingers tapped rhythmically on the table, and the "click, click" sound sounded again, as if beating the time line in his mind.
After a few seconds, he stopped and his eyes suddenly focused:
"Later this month, Board of Directors will be held to officially launch the Rights Issue process. Chen Xi, you must closely monitor the stock price and market sentiment recently, and do a good job Contingency Plan."
"Understood." Chen Xi nodded solemnly.
"When Rights Issue is completed, the funds are in place, and all our own pledges are released..."
Zhao Chen's gaze is as sharp as a knife about to be unsheathed,
"At that time, I can be 'unscrupulous' - of course, within the limits allowed by all rules - and put some reasonable pressure on the stock price."
Zhang Qingxue immediately followed his train of thought:
"Issuing relatively conservative performance guidance for the next quarter, or, based on the principle of prudence, making moderate impairment provisions for some existing assets...
These are compliant and common market value management methods. It is normal for the stock price to fall as a result Market Reaction."
"And my father," Zhao Chen interfaced, with a hint of icy chill in his voice,
"His shares will still be 100% pledged at that time, and Pledge Ratio has already touched Warning Line.
The stock price falls, which means that Pledge Ratio soars, and the brokerage firm will inevitably issue a Margin Call notice. If he cannot come up with the money..."
"Forced Liquidation will be triggered."
Chen Xi spits out the consequences clearly,
"Even if the stock price falls deep enough and it is still not enough to cover Financing Principal and Interest after closing the position, he will face 'Overselling'. Not only will he lose all his equity, but he will also owe debts to the brokerage.
At that time, he will either ask for help from Lin Wanqing and consume her last remaining cash;
Otherwise, you can only watch your last capital being sold off in the market by brokers."
"And we," Zhao Chen's mouth curved in a cold arc,
"With enough cash in hand due to the cash out of Bitcoin, you can either quietly absorb it at Secondary Market, or you can wait for the opportunity at Judicial Auction.
Recover all these shares... at a lower cost than the Rights Issue price."
A cold, precise, and interlocking strategic closed loop was clearly presented in front of the three people.
Rights Issue first drained the opponent's cash, released its own pledge and then suppressed the stock price in compliance with regulations, detonated the opponent's pledge mine, and finally harvested Core Assets from the ruins at a low price.
Every step is within the boundaries of business rules and laws, but it is fatal.
"The only risk lies in the overlapping of the timelines." Chen Xi was thoughtful and pointed out the key points immediately.
"Rights Issue has a fixed process, which took nearly three months.
The time when Bitcoin breaks through the expected price, when we cash out, and when the funds are withdrawn, must be perfectly connected with the final payment deadline of Rights Issue, and there cannot be any big deviation. Otherwise..."
"So your position is very important."
Zhao Chen looked at her, his eyes full of trust,
"You must keep a close eye on the price of Bitcoin. My judgment is that it is only a matter of time before it breaks through the 2,000 US Dollar mark.
Once the breakthrough is made, you will begin to reduce your holdings in batches and in an orderly manner by the amount we have agreed upon. The withdrawn funds must be safely transferred to the designated account before the Rights Issue payment deadline."
He pondered for a while and added, "Of course, we have alternative plans. The current floating profit of US Stocks Tesla's position has exceeded 35%, and part of it can be liquidated as an emergency when necessary.
But US Stocks is our long-term layout, especially Tesla and the Apple and Nvidia that we will increase our holdings next. We should not use it unless absolutely necessary."
Zhang Qingxue was quickly conducting time deductions and marking compliance points on the tablet computer. He looked up after a few minutes:
"The overall timeline is indeed tight, and there is room for gaming, but it is still within control. The core key lies in two points:
First, Subscription Plan must pass Board of Directors smoothly without any major setbacks;
Second, between the announcement of the plan and the completion of the plan, the company must not experience major negative consequences, especially the criminal case of Zhao Jianguo, and must ensure that its judicial process will not suddenly be made public at this time, otherwise the stock price of Flash Crash and Minor Shareholder will panic and abandon the purchase, and the plan will inevitably fail."
"So double insurance is needed." Zhao Chen concluded, looking towards the dark night outside the window,
"On the one hand, Subscription Plan itself must be sufficiently attractive to Minor Shareholder - the price discount must be affordable, and the financing purpose must be clear and positive (all used to reduce liabilities and optimize capital structure).
It would be best to release some mild good news, such as an increase in first-quarter earnings. On the other hand..."
He retracted his gaze, his eyes were calm but filled with great power:
"His case must be 'held on'. At least until Rights Issue is completed and the funds are secured. The tsunami of public opinion cannot come early."
His fingers lightly brushed the cover of the thick "top secret" report.
"I am very satisfied with this plan, framework and core calculations."
He looked at Zhang Qingxue and Chen Xi, "Next, your task is to polish it to perfection.
Every number must stand up to scrutiny, and every procedural step must meet the strictest compliance requirements. And then..."