Chapter 381 Murder and Punishment
Seeing the stock price plummeting, Zhong Jingshan jumped anxiously.
In this case, covering the position was the only way to reduce losses, but he was caught in the vortex of internal struggle and could not extricate himself.
Nie Huan was determined to disgust him, so he enlisted the votes of shareholders in the company to oppose him, and even convened an extraordinary general meeting of shareholders to discuss removing Zhong Jingshan from his position as director.
Now, with Nie Huan's obstruction, none of the resolutions proposed by Zhong Jingshan can be passed.
The stock price of Tulip Cinemas is still plummeting.
If you don’t cover your position at this time, it is equivalent to chronic cutting!
Zhong Jingshan regretted it very much. If he had not been deceived by that international student, how could he have fallen into this situation?
If he found out who was messing with him, he would have to kill that guy!
There was a suspect in his mind, and that was Song Qi.
Among the people he has offended recently, the one with the greatest energy and the toughest tactics is Song Qi.
But according to the information from the branch, Miracle Film and Television's Europa branch had not seen any unusual movements recently, so he had no evidence to suspect Song Qi.
Moreover, Nie Huan's troubles made him exhausted, and he really couldn't spare any time to investigate this matter.
The time has come to the end of May, and there are only more than four months until October.
The Feynman brothers sold two large blocks of stocks in succession, one time with a share of 4.61%, and the other with a share of 5.82%.
Today, the shares of Tulip Cinemas held by the Feynman brothers have fallen to 36.77%, almost one-third.
This situation also completely panicked the retail investors in the market, and they cut off their stocks and fled.
The share price of Tulip Cinemas has also plummeted, falling to 43.66 euros, which is less than 20% of the peak share price of 220.17 euros last year.
The Internet in the Principality of Europa is full of bad news, and everyone thinks that Tulip Cinema is completely finished.
You must know that during the short-selling trend last year, the stock price of Tulip Cinemas did not fall so sharply.
It seems that the Tulip Cinemas chain is really going to collapse this time.
After learning about this situation, Zhong Jingshan was as anxious as an ant on a hot pot.
He originally planned to wait until the price of those shares rebounded in the second half of this year, then use the shares as collateral to repay the domestic loans.
But now that the stock price has dropped like this, I'm afraid the mortgage loan payments can no longer make up for the gap.
Seeing that the bank loan was about to expire, Zhong Jingshan was so anxious that smoke was rising from his head.
If he could have control of the company and mobilize funds to cover positions as he did before, he would definitely not be as passive as he is now.
But now that he can hardly keep his position as a director, how can he still have the energy to take care of overseas markets?
In early June, at Nie Huan's strong request, New Century Film and Television held an extraordinary shareholders' meeting.
At the meeting, she strongly demanded the removal of Zhong Jingshan as director.
Zhong Jingshan did not quarrel with her, but patiently explained the current situation, trying to persuade shareholders to let him finish handling the Tulip Cinema Line shares, and then free up his hands to sort out internal conflicts.
But with Nie Huan's interference, he couldn't get anything done at all. He was so angry that he had another fight with Nie Huan at the shareholders' meeting, and several bloody marks were scratched on his face.
In the end, with Nie Huan's interference, Zhong Jingshan was removed from his position as director.
However, his shares were not affected, but his position as chairman was also lost.
Seeing that every shareholder was worried about the world being in chaos and wanted to fish in troubled waters, Zhong Jingshan left in disappointment.
Nie Huan doesn't care about New Century Film and Television's life or death at all, she just wants to take revenge on Zhong Jingshan.
Those shareholders who supported her behind the scenes were obviously instructed by Nie Rongchang.
Zhong Jingshan is not afraid of Nie Huan, but he is afraid of Nie Rongchang.
After the incident happened, he ran to Nie Rongchang to ask for mercy.
But after learning the truth of the matter, Nie Rongchang scolded him and drove him out of the house.
For Nie Rongchang, what he made was a principled mistake and there was no chance of being forgiven.
Therefore, after seeing the attitude of shareholders, Zhong Jingshan knew that he had lost.
After he left, Nie Huan was elected chairman.
The first thing she did after taking office was to sell her shares in Tulip Cinemas to withdraw funds.
Judging from her decision, she knows nothing about business.
If it were Zhong Jingshan, he would definitely discuss with shareholders the issuance of additional shares to raise funds, and first keep his shares in Tulip Cinema Line.
He simply did not believe that Tulip Cinemas would go bankrupt because he knew the size of Tulip Cinemas and the financial strength of the Feynman family.
Tulip Cinema Line has more than 1,800 theaters, more than 6,000 screens, and more than 20,000 staff in the Principality of Europe. How could such a large theater chain close down due to fluctuations in stock prices?
And with the strength of the Feynman family, as long as the Feynman family is willing, there is absolutely no problem in preserving the share price of Tulip Cinemas.
Now that the stock price of Tulip Cinemas has dropped so low, it is obvious that someone is smashing the stock price and trying to force retail investors to flee.
If he were asked to make a decision, he would definitely choose to buy and catch the shares sold by the Feynman Brothers when they announced the sale.
This is a once-in-a-lifetime opportunity. If done correctly, he may even have a chance to gain control of Tulip Cinemas!
But all this was messed up by that stinky bitch Nie Huan!
However, after he left, New Century Film and Television quickly issued an announcement that New Century Film and Television decided to transfer all its shares in Tulip Cinemas to Miracle Film and Television at cost price.
At this time, the truth of everything came to light, and Zhong Jingshan finally confirmed that Song Qi was the one behind it!
After learning the news, he angrily called Song Qi and asked: "Song Qi! I just found someone to hack you online. Are you going to play with me like this? Are you as cruel as you?! You
You want to put me to death!"
Song Qi was very calm and did not get angry: "Mr. Zhong, is it boring to say this now? Do you call it hacking me? You call it destroying my job! You can mess with me, but I can't.
Are you?
Besides, shopping malls are like battlefields. If you have a problem yourself and fail to deal with it, why should you blame others?"
"Bah!"
Zhong Jingshan became even more angry when he heard this: "You don't have martial ethics!"
"Mr. Zhong, the situation is a bit bigger, and we are enemies. Are you being naive if you expect me to practice martial ethics?"
Song Qi comforted him: "If you lose, you lose. If you want to be more open-minded, you should have more time to reflect and reflect! If you don't fight me head-on at the box office, why are you always doing these evil things? I really can't understand you..."
"Depend on!"
Zhong Jingshan's eyes turned red and he slammed his phone to the ground, shattering it into pieces.
Song Qi, this bastard, kills people and kills people, so shameless!
Chapter completed!