Han An is a smart man, and he chose not to say anything.

He knew that as long as he didn't say anything, he could give Ke Yusheng and the others a chance to make his problems as small as possible.

Xiangdao is now unstable, as long as the problem of Huaguo Real Estate has not always erupted, Yanjing will not make a big deal in Xiangdao.

"Don't take chances."

Opposite Han An, the two staff members frowned.

"It's just an internal investigation now, but with the information we already have, your situation is enough to be handed over to the judiciary." One of them said again, "Han An, we don't need to stress more about the rules of frank leniency, right?"

"Two leaders." Han An still replied calmly, "Huaguo Real Estate does have a lot of hidden dangers now, but that is mainly due to the general environment. I went to London to find a solution to the problem, and I don't know why the organization was so nervous."

"Let's not talk about the rest." A British Overseas Citizen passport was placed on the table, "Who did this for you?" Is this a very nature that we need to emphasize?"

There are six types of passports in the UK, in addition to the Royal Passport and the National Passport, there are Overseas Territory Passports, Overseas Citizen Passports, Overseas National Passports and Protected Person Passports.

Overseas national passports are just a marginal ball, with no permanent residency and political rights, and they cannot work in the UK, but they can travel to the UK without a visa and stay for no more than one month.

In Xiangdao, millions of people received overseas national passports before the handover, which is a disgusting trick.

However, the significance of the passport of overseas citizens is extraordinary, and it enjoys certain political rights in the United Kingdom.

China does not recognize dual citizenship, and the current Han An has actually violated this regulation.

Han An was silent for a moment and then said, "This is also for work, and it was given to me by other shareholders that made it easier for me to communicate with the British headquarters."

"Han An, you have not settled abroad and have not applied for it, so this nationality will not be recognized." The staff stared at him, "But your current behavior has seriously violated the rules of the organization. With that alone, you don't have to take chances."

"If that's the case, I'll admit it."

Han An looked like a dead pig who was not afraid of boiling water.

Now that he has been brought to Yanjing, he has no hope of keeping his position.

However, the funds that have been secretly transferred by him and used to live happily for the rest of his life have to be kept, as well as his family.

As long as the problems on Huaguo Real Estate's side do not always erupt, and even blame him alone, he will not have to worry about his life.

The business operation, and in a place like Xiangdao, who dares to pat his chest to guarantee that there will be no mistakes and losses?

In a word, unless there is conclusive evidence to prove that he Han Sheng did it deliberately, there is no legal punishment for him, at most it is a punishment within the organization.

If you return to the treatment of ordinary people in the future, what will it be?

"Looks like you're having no fear." The staff looked at him with complicated eyes, "Are you underestimating the determination of the organization, thinking that the Xiangdao side must focus on the overall situation? It's just a Huaguo real estate, but it can't be said to affect the overall situation!"

Han An's heart was shocked, but he still only frowned, "I didn't think so. I have been an executive director for five years, and I am confident that the organization will give me a fair evaluation."

"That's it? Conscientious?" The staff pointed to the passport in front of him, "My heart is gone!"

"I've said this for work, just for convenience. Sometimes there are so many things that you can't stay in the UK for a month and go back to Hong Kong."

"China Venture Capital, especially the team in Xiangdao, is rotten from the roots." The staff said coldly, "Tell you not to leave anything to chance, whether you believe it or not has nothing to do with the conclusion. When the full audit and joint investigation teams are stationed, how many problems do you have, wait until they find out. If you do not cooperate with the work, severe punishment is necessary, which also comes from ...... opinions."

When Han An heard him say that name, his heart suddenly sank

。

Things have already been noticed there?

……

The financial tsunami came as expected, and the problems in the financial system accumulated over the years of rapid development were far greater than Han An imagined.

Now that the time has come to solve it, the impact of this financial tsunami on Xiangdao and the mainland is far more violent than Han An imagined.

This is a month that makes many ordinary people in Xiangdao feel dark and depressing.

The stock market and the property market all began to fall at an alarming rate.

13,000 points, 12,000 points, 11,000 points...... The Xiangdao stock index is falling and falling every day, and it is about to touch the key level of 10,000 points.

Just like what happened in Thailand, Xiangdao was first attacked by the foreign exchange market.

On this day, the short selling of incense coins suddenly intensified. Almost at the same time, the Bay Island side also announced the abandonment of the exchange rate, and the pressure on Xiangdao increased sharply.

However, the main direction of attack is the stock market. When a large amount of money was invested in the foreign exchange market to defend it, the stock market ushered in a series of critical shocks.

First, it plummeted by more than 1,200 points in one day, and then plunged by more than 1,600 points in another day, and the Xiangdao stock index fell below the 9,000-point mark.

The first thing to keep is the exchange rate, and the stock market seems to be less important than the exchange rate, which can be abandoned.

In a short period of time, from more than 16,000 points to more than 8,000 points, the stock market cut in half fully reflects the ferocity of this financial tsunami.

At this time, Huaguo Real Estate encountered a company's sign: Qingyang Consulting.

It's just that it has held more than 5% of the shares in the secondary market alone, and it doesn't count anything else, let's publicize it.

But Song Yang officially surfaced.

Liang Chengwei made a phone call: "It turns out that your real target is ...... them."

Song Yang laughed: "Dong Liang, you are too nervous."

"I'm worried every day." Liang Chengwei sighed, "I fell too hard...... Mr. Song, I don't know if you still have the strength to help protect Ichigo?"

Knowing that Song Yang didn't really mean to attack Aigao Electronics, Liang Chengwei was immediately unkind.

"Aren't you afraid that I'm pretending to be real?" Song Yang asked with a smile.

「…… Honestly, I can't take care of it."

It's not what it used to be, and the market is overwhelming. After all, Song Yang still has acquaintances who have dealt with him many times, and Liang Chengwei can only think about it.

"Then the best way is obviously a private placement." Song Yang suddenly grinned, "Let Sanyou Electronics come forward, strategic cooperation." In terms of operation, Liang Dong does not have to worry, just sign a concerted actor."

"Can you really sign it?" Liang Chengwei was surprised.

"It's all partners, Dong Liang, you're suspicious."

Liang Chengwei put his mind at ease, quickly communicated the general direction, and planned this matter.

The main direction of Sanyou Electronics is DVD, and the VCD market is for Liang Chengwei to worry about.

As for the future, the days are still long. Liang Chengwei can be forced to jump off the building later, how can there be no chance to integrate into it?

Song Yang communicated with Duan Ping's side, and then continued to work on the matter of Huaguo Real Estate.

Le Huimin came over, and the first thing to look at was the main funds on Song Yang's side.

"What's going on in South Korea right now?" He felt that the dense numbers were too difficult to understand.

Shi Youming's eyes have been lit up for a few months, and now they are even brighter, like a greedy wolf: "The foreign debt is more than 100 billion US dollars, but the current foreign exchange reserves have dropped to less than 30 billion. Now, it's declining at a rate of 1 billion every day. South Korea is already counting days away from the country's bankruptcy!"

Song Yang added with a smile: "In last year's financial report, Samsung's debt ratio was 267.1%, Hyundai's 436.7%, and LG's 346.5%. This stop on South Korea is the real goal of those European and American capital layouts for many years. Compared to the potential of the big conglomerates in South Korea, what is that little wool in Thailand?"

Le Huimin listened with a dry mouth: "Then we ......."

"It's not our share." Song Yang said dryly, "If your strength is not at that level, let's drink the soup."

I still remember the movie "The Day of National Bankruptcy" made by the South Koreans themselves, this time the depreciation of the Korean won is extremely exaggerated, even Soros is just drinking soup, and the real meat is the capital that holds the huge equity of the South Korean conglomerate from now on.

But the soup is delicious enough.

"How much can I earn?" Le Huimin looked at them with the same bright eyes.

Shi Youming didn't have a score in his heart, and Song Yang didn't say much: "We'll know in two months." What's going on with Huaguo Real Estate now?"

"After Han An was taken away, there was a lot of chaos." Le Huimin reluctantly shifted his attention back, "Trading has been suspended for half a month, and after resuming trading, it has fallen into a junk stock. Why should trading be resumed in this case?"

"Isn't there a requirement from the Stock Exchange that it cannot exceed 20 days?" Song Yang sneered, "If it drags on any longer, some people's plans will not be realized."

"That...... We'll have to see in a few days, right? Now that trading has resumed, it is impossible to sit back and watch the situation continue to deteriorate."

"Of course, the fifteen-day special audit investigation has at least a preliminary result."

I already have a lot of information, but now I am just conducting a more explicit internal investigation and evidence collection in the name of openness.

"The resumption announcement means that the executive directors have made major operational mistakes, new executive directors have been appointed, and a general meeting of shareholders will be held to review the company's business strategy." Le Huimin asked, "How is this new executive director, Guan Bonian, going to deal with?"

Le Huimin is also not good at asking Song Yang and Yanjing's "tacit understanding", thinking that such a big thing has happened, Song Yang will not do useless work.

"Anyway, the new shareholder meeting is eligible to attend." Song Yang replied with a smile, "I'm going to break it in person." How HSBC and Standard Chartered are going to make trouble, and how China Venture Capital is going to deal with it, you will know when you go."

……

Ke Yusheng has not felt at ease for more than half a month.

There was no news from Han An's side, but the audit and investigation team arranged by Hua Venture Capital was busy for a long time, and they also learned a lot from the other directors with a pleasant face.

Behind that politeness, there is obviously no cover-up of internal problems by Hua Venture Capital, and it is not completely controlled by Hua Venture Capital.

Shouldn't we turn big things into small things and small things to win the support of the top people of China Venture Capital?

Ke Yusheng didn't understand Yanjing's determination to ensure the success of Huaguo Real Estate to express its determination not to give up on the Xiangdao stock market.

At this moment, the Xiang Fu will personally intervene in the stock market with the support of the mainland.

The so-called free market, how can there be any reason for the government to intervene in person?

However, after the resumption of trading, the new executive director arrived, and the extraordinary general meeting of shareholders had to be held.

As long as a certain percentage of shareholders are qualified to attend and express their opinions, even some large creditors of Huaguo Real Estate have the right to come.

Thinking of that messy situation, Ke Yusheng had a headache.

If Han An had just "disappeared", then the matter could have been resolved through negotiation at the board meeting, and now it seems to be out of control.

What made Han An's heart bottom the most was that Song Yang.

He didn't make any takeover offer, just over 5%, so what kind of acquisition did he mention? Couldn't it just be a long-term investment?

But Ke Yusheng knew that things were not so simple, especially after Guan Bonian invited Song Yang into the office for an interview.

In the conference room, the representatives of other minority shareholders looked a little excited.

"What kind of major business mistakes, are you manipulating the stocks? The old party has jumped off the building!"

"We have the right to know the details!"

"After the resumption of trading, it is still falling, what is the plan to re-improve the performance?"

Cutting off people's money is like killing their parents, and some people who originally took a heavy position in Huaguo Real Estate in order to avoid risk did not expect that Huaguo Real Estate would fall worse than other stocks.

There were a number of shareholders in the room who attended the EGM, and everyone was angry that they had lost all their money.

Song Yang sat quietly at the table, already having a bottom in his heart.

The directors of the board of directors of Huaguo Real Estate were all present, and Guan Bonian sat in the middle and presided over the meeting.

After announcing the number of shareholders present at the meeting and the total number of voting shares held, Kwan said, "The first thing to disclose to shareholders is the results of the internal audit and investigation of the former chairman of the board and executive director, Han An."

Led by Han An and with the participation of a third-party accounting firm, Huaguo Real Estate has obtained a total of more than 500 million incense coins from various informal channels in the past three years through equity pledges, asset mortgages and other means.

These funds have been financially invested through many financial markets such as New York, London, and Tokyo, but they have suffered serious losses.

Hearing the actual debt scale and debt ratio of Huaguo Real Estate, the representatives of the minority shareholders suddenly blew up, and the meeting scene was noisy.

"Everyone!" Guan Bonian said loudly into the microphone, "Regarding Han An, Horwath and the company's financial team, the law will give a fair treatment. Now that everyone is a shareholder of Huaguo Real Estate, it is still time to work together to support the board of directors to turn the situation around!"

"How do you reverse it?" A minority shareholder really looked at the other old directors, "Is Han An the only one involved?" The other directors of the company, the management, are all right?"

Ke Yusheng frowned and looked at the independent directors nominated by Standard Chartered.

Sure enough, the fire was burning.

"The first thing to solve is the debt problem." Guan Bonian said with a headache, "On this point, the board of directors' plan is to first agree on whether to convert debt into equity or then issue new shares, or both. Secondly, in order to give shareholders more confidence in the future of the company, it is natural that the re-election of the board of directors and the company's management, the proposal to hire a new accounting firm, and the preliminary plan of the annual management plan will also be carried out. The agenda is coming one by one, please don't be impatient."

They are all on the ship, what can the minority shareholder representatives do? I can only scold and wait to listen.

Their voting power is insignificant, and even if they add up, they don't determine anything.

Fortunately, now that I have been open and honest, I feel more at ease to be able to audit.

Ke Yusheng listened to Guan Bonian's investigation report just now, and his heart sank a little.

I don't say it explicitly, but some of the debts, especially those related to Horwath, are already hinting at HSBC and Standard Chartered.

If we take the shares subscribed from the secondary market, financial derivatives and the claims they control, then in front of so many shareholders, it is confirmed that HSBC and Standard Chartered also participated in the previous scandal and wanted to use this to seize control of Huaguo Real Estate.

If a debt-to-equity swap is negotiated, unless those creditors agree to convert their claims into shares, they are optimistic about the future of Huaguo Real Estate.

But how many people are still willing? How long do they have to wait for the shares to become dividends and give them money back to HSBC?

Right now, everyone is watching, and Ke Yusheng can't guarantee that those people can really listen to him.

As for the private placement, can HSBC and Standard Chartered take the initiative to subscribe and fill in the holes for themselves?

Ke Yusheng looked at Song Yang, who had been quiet, and felt very aggrieved.

How much debt does he have now?

If he is willing to convert debt into equity, and others are unwilling, coupled with private placement, then Song Yang may have a lot of shares at once.

Sure enough, several large creditors related to HSBC and Standard Chartered have already cashed out some before, and now they just want to leave the market as soon as possible; Originally, they still listened to the command of Ke Yusheng and others, but now seeing that they did not express their opinions, they were also stunned, saying that they wanted to get the money first, at least the principal.

"Are there any other creditors with comments?" Guan Bonian asked.

Song Yang finally coughed and spoke: "On my side, I have a debt of 720 million. Of course, if you count the more than 60 million pre-sale properties owned by Huaguo Real Estate over there in the Giant Building, it is 660 million."

Everyone was shocked for a while, and Ke Yusheng looked at him in disbelief.

What is the concept of 720 million?

How can there be so many?

The other minority shareholder representatives were immediately in good spirits.

This is a forced palace!

has already held more than 5% of the shares in the secondary market, and has acquired so many debts, is he so determined to Huaguo Real Estate?

Song Yang is not the management of Huaguo Real Estate, and the previous events naturally have nothing to do with him.

Of course, whether it is possible to participate in the suppression of Huaguo Real Estate's stock price is now powerless for minority shareholder representatives. The most important thing is that Huaguo Real Estate's share price can rise back, so that they can make up for their losses.

Song Yang smiled and asked, "If I agree to the debt-to-equity swap, will the board of directors accept it?"