In addition, there are nurous shell companies and Nomadic Film responsible for transferring funds to launder money, forming a tight-knit industrial chain from top to bottom.
On the surface, Cui Jizhong has already resigned from all his positions at the Xu Group and has nothing to do with the Xu family.
So even if this evidence is exposed, it would at most only lead to Cui Jizhong being imprisoned.
If Xu Jingsong is a bit nostalgic, there’s still room for maneuver in terms of sentencing length...
"Hmm... Co to think of it, why would Cui Jizhong give such confidential information to Han Li, a lawyer, to look at...?"
Thinking this, a knowing smile appeared on ng Lang’s face.
"Heh! Interesting..."
...
"Mr. Cui, your milk tea."
"Hmm!"
As Cui Jizhong drank the milk tea brought by his subordinate, the once delicious and sweet tapioca pearls in the milk tea now tasted like wax.
Da Niu Venture Capital’s funding pool is growing larger and larger, yet the pressure on him increases with each passing day.
For so reason, it has beco increasingly difficult to raise funds in the market recently.
He considered slowing down the pace, but Xu Jingsong had given a dead order to speed up financing from the market, even if it ant raising interest rates to 20%.
He’s no fool; how could he not be aware of the risks involved?
He even speculated on Xu Jingsong’s little idea of "sacrificing a pawn to save the leader."
However, in these circumstances, he’s already in too deep to retreat.
As a loyal servant nurtured by the Xu family since childhood, his wealth and status co from the Xu Group, or rather from Xu Jingsong.
If he even dares to show a hint of non-cooperation, he could guarantee he would be dead the next day.
So these past few days, he has been planning his escape route, not only arranging for his wife and children to leave the country in advance but also secretly consulting his old confidante Han Li on related legal risks...
"Sigh~" Putting down the milk tea, Cui Jizhong sighed.
He didn’t have the courage to resist Xu Jingsong, yet facing the inevitable outco awaiting him, saying he wasn’t the slightest bit anxious or worried was simply impossible.
He only hoped that Xu Jingsong, considering his hard work and great contributions, would leave a way out for him...
"Knock, knock!" At this mont, soone knocked and entered.
"What’s the matter?"
"Mr. Cui, we’ve just received news from the investnt departnt that soone seems to be massively acquiring our Xu Group’s shares."
"What?" Cui Jizhong was taken aback.
Taking the docunts handed over by his subordinate and reading them carefully, Cui Jizhong’s eyebrows furrowed slightly.
After all, having a background in finance and being exceptionally capable, it wasn’t possible for him to distinguish himself from Xu Jingsong’s lackeys otherwise.
Very quickly, he detected anomalies from the data.
Recently, the stock price movent of the Xu Group, judging solely by the stock price, fluctuated around 20 per share, seemingly with no special anomalies.
However, in recent days, the trading volu of the shares has clearly expanded, with the turnover rate almost doubling from before, indicating the other party might be using quantitative high-frequency trading for operations...
There were also several large buy orders, each with transaction amounts in the tens of millions.
This was sowhat unusual...
Unlike Wanwu Holding, the Xu Group is a listed company, with approximately 40% of circulating shares; the rest are controlled by Xu Bonian, Xu Bolin, Xu Jingsong, and other family mbers of the Xu family.
So family gatherings are basically like shareholder etings.
Logically speaking, a family controlling more than 60% of a listed company’s equity poses huge risks for investors.
However, this is Country Hua’s market, with its own national circumstances...
"Have we traced the source of these large transactions?" Cui Jizhong asked.
"No, several of them are overseas accounts entering the stock market from Xiangjiang via northbound funds, and our information channels through dostic brokers are ineffective."
"Overseas..." Cui Jizhong was slightly stunned.
Enterprises like theirs related to real estate were still quite popular in previous years, heavily speculated upon, but in the current economic conditions, it’s evident to all that they’re like grasshoppers after autumn.
It’s only ordinary retail investors, lagging behind in information, foolishly pouring money into them, contributing to financial soft landings.
And northbound funds are known as the "smart money," who would see potential in their stocks now?
Wait a minute... overseas?
Could it be Gao Sheng?
As a key person responsible for the financing plan, Cui Jizhong himself was the direct liaison with Gao Sheng and naturally knew about the secret agreent reached between the Xu Group and Gao Sheng.
Lately, Gao Sheng has not only provided substantial financial support for the Xu Group’s car-making plan but also sent many "professionals" to guide Da Niu Venture Capital in its operations.
But he hadn’t heard Mr. Xu say that Gao Sheng also had plans to support the Xu Group’s stock price?
Not daring to be sluggish, he quickly reported the situation to Xu Jingsong.
Upon hearing the news, Xu Jingsong was also puzzled.
"It shouldn’t be; if Gao Sheng truly intended to support our stock price, Tang Yijing would have inford us in advance; they are not altruistic."
Like Cui Jizhong, Xu Jingsong didn’t imdiately think of Gao Yuan.
Although Gao Yuan’s enterprise is developing exceptionally fast, its current size is roughly one-tenth that of the Xu Group, and on the surface appears heavily indebted, making it impossible to co up with such a large sum to target Xu’s interests.
"Should we call and ask?" Cui Jizhong suggested.
"Wait! Let think about it..."
Xu Jingsong tapped his fingers, lost in thought.
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