The two joked a few words, then sat down on the sofa together and talked about business, and when Duan Yu had just finished introducing the problems he was currently facing, before he had time to read the detailed information, Ren Cannon pointed at Duan Yu and smiled: "Yo, there are masters here, Secretary Duan, you have to be careful, don't cause a big earthquake......."

Duan Yu smiled and didn't answer, quietly waiting for Ren Cannon to explain his judgment, Ren Cannon didn't sell it anymore, and explained in simple terms: "What do you think the stock market is? Its essence is just a market and channel for raising funds, and it is also a trading field. However, commodities are not things that exist now, nor are they assets owned by listed companies, but his good expectations, that is, what he sells is what he has not gotten ......."

Simply put, it is the confidence of shareholders in this enterprise, confidence is a bit illusory, and the masters of stock speculation often use this to manipulate stock prices, but the government has an innate advantage in this point, I don't care if I don't like it, if the secretary of the provincial party committee who holds the power of a province can't control the stock prices of several listed companies under his own SASAC, it is simply a joke. I don't even know what your SASAC is doing?......?

Ren Cannon's speech is always so direct and sharp, Duan Yu, who is familiar with his character, does not care, and patiently listens to him continue to explain: "Now my country's stock market, although it seems to be quite strictly regulated. However, in fact, there are many loopholes, especially in the supervision of information disclosure, and when you were the chairman of the China Securities Regulatory Commission, you also attached great importance to this aspect of supervision, and I still want to say something you don't like to hear, treating the symptoms but not the root cause! The shareholders of Huaxia are too irrational, and any gossip can cause stock price fluctuations, can you supervise it?......

"However, when it comes to this enterprise in your province, this is an extremely favorable condition for you, that is, your SASAC holds the largest shares and has the ability to control the enterprise. Although this also brings you a lot of pressure, if you don't handle it well, it will affect the political situation and some of your decisions. But have you ever thought about it? The stock market sells expectations, and it is the confidence of the stockholders, but you have the most powerful and authoritative information release channel, as long as you can give them good expectations and strong confidence, what are you afraid of falling sharply? There is no need to worry about it at all! This is like fighting a landlord, a pair of kings are in your hands, and you are still afraid that you will not be able to win......

"But there is also a problem here, that is, violent shocks, if the opponent through capital speculation to a few roller coaster shocks, then you release more good is useless, shareholders will still lose confidence. This involves the issue of specific operations, on this issue, you have served as the chairman of the China Securities Regulatory Commission, so you don't need me to teach you how to do it, right? You know......" Ren Dacang winked at Duan Yu and said.

Duan Yu naturally understands what Ren Cannon means, and to make it clear, Ren Cannon's solution is to sit in the village, let the State-owned Assets Supervision and Administration Commission sit in the village, and the government will provide policy and information release channels and support in terms of market protection funds in the back, so that it is not impossible to get a lot of benefits in it, of course, this kind of thing cannot be put on the table, so Ren Cannon actually reminded him vaguely that if he does not do well, it will have an impact on his career.

Duan Yu's concern is not his own career, but the scale of intervention is not easy to grasp, in order to maintain market stability, appropriate intervention is understandable, even when the central government encounters stock market turmoil, it will let the national team enter the market to protect the market, but if the intervention is deep, it will become the government's manipulation of stock prices, which is more sensitive, and the impact of bad operation will be bad, and the other is where does the market protection funds come from? It is definitely not possible to use provincial financial funds, and the financial funds are a radish and a pit, and they must not be able to take out so much money, and then they use the funds of the social security pension account, which is also illegal, so this is another problem.

Ren Cannon naturally guessed what Duan Yu was worried about, but this was a headache for Duan Yu, so he stopped at the point and continued to analyze: "I have two suggestions, one is transparency and the other is confidentiality. With these two guarantees, plus you control the State-owned Assets Supervision and Administration Commission and information release channels in your hands, then sit firmly in Diaoyutai, whoever speculates and makes waves will give him a head-on blow, and in the end, it will give you a large amount of income ......".

Duan Yu still didn't know if it was okay, and muttered: "Then you look at the materials I brought, can you see what ...... can be seen in it."

As he spoke, Duan Yu took out all the materials related to the Hantian Group from his briefcase and handed them over. Of course, it is a brief thing that has been verified, and some of the things that have not been verified are put out what they already know, and since they are here to ask for advice, they cannot be hidden.

Ren Dacang took the materials, he didn't look at the specific financial statements, only looked at the things related to the general situation, he had already seen that the purpose of Duan Yu's coming was not to make big ups and downs, to ensure a smooth transition, not to get any benefits from it, so those specific statements seemed to be meaningless, and it was enough to judge those loopholes that could affect the overall situation and make others speculate according to the general situation.

After a long while, Ren Dacang put down the information in his hand, rubbed the Qingming acupoint, and then said: "Here, if there is anything, I will say anything, and I will not take any responsibility, if you agree, I will say it, and if you disagree, forget ......it."

Duan Yu knew that Ren Cannon should have seen something more specific come out, and the problem was not small, so he said such a thing, so he laughed and said: "This is not your Ren Cannon's style, what's the matter?" Recently, he has become timid?......."

Ren Cannon scratched his head and smiled: "No way, eat a trench and grow wise, of course I have to be careful about things involving politics, and I can't participate in the ...... of opinions."

Duan Yu waved his hand and smiled: "Come on, you can put away this set in front of me, I came to see you is also confidential, no third person will know about our conversation today, now you can rest assured......."

Ren Dacang said with a smile: "Then I said, this Hantian Pharmaceutical Group, I have also paid attention to him, but first of all, I declare that I don't speculate in stocks, nor do I give people as consultants, I am just interested in verifying my judgment......

"Looking at the things you have brought, I have come to three conclusions, one is that there are people in your government who are manipulating this matter behind the scenes, and they are in a very high position. Second, there is a huge space for interests in this enterprise, if someone joins the speculation, it will cause the result you are worried about, no, it should have been intervened, if the government does not intervene, there will inevitably be the result you are worried about! Third, the person who intervened is a master, very aware of the rules of the game, it is not easy for you to catch his feet, and what he is planning is very big, it may be far more than manipulating the stock price......

"That is to say, the operator you originally arranged can be said to have deliberately made a game in it, deliberately creating a huge loophole, leaving an opening for future hype. Specifically, a healthy enterprise will not be radical and suddenly introduce so many technologies and equipment at once. Although I am not an expert in the field, according to my experience, in terms of our country's enterprise system and technical level, the introduction of technology and equipment requires extreme caution to ensure value for money and protect the interests of enterprises ......."

"Such an intensive introduction, whether it is technology or equipment, is a lead to increase fluctuations, and in the assessment report, there are huge benefits. In this way, the slightest disturbance will cause a chain reaction, so that the confidence of shareholders will fall into the trough, it is conceivable that the original huge good and the huge gap in the trough will cause a kind of shock? No, it should be said that it is a tsunami, which is big enough to submerge this enterprise .......

"Is there any way to remedy it?" Duan Yu had known about this hidden danger for a long time, and had also done consultation and prevention, but he didn't explain it, and now he wanted to get a solution to another aspect.

"That brings me to the strengths I mentioned and those two strategies. You also know that our stock market is not mature, so the impact of the policy is huge, and this is your advantage. But to turn that advantage into influence for your ends, you need to use the two specific strategies I've mentioned. One is transparency, that is, to be transparent about the current situation of the company and its future plans, and to have an official explanation from experts, so as to reduce the panic and follow-up caused by those shareholders who blindly follow after the situation comes out. The other is confidential, and it is strictly confidential. What is said is that the measures and actions you use to influence the enterprise with policies should be kept strictly confidential. The first is to prevent speculators from being prepared in advance, and the other is to reduce the negative impact on the stock market. It's not good for your career......" Ren Cannon glanced at Duan Yu and said.

Duan Yu understood what Ren Cannon meant, and still hinted that he would resolve this crisis by sitting in the village, but Duan Yu was still a little hesitant, and he had to think carefully about it after going back before making a decision. There are some new ideas. At least he is not so worried about the situation of Hantian Pharmaceutical Group, after all, he once served as the chairman of the China Securities Regulatory Commission and has a great advantage in this regard.