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Chapter 124 The duel between stones and eggs

The aftermath of the National Day day had not yet dissipated, and Delong Group took action again, with an obvious attitude of not giving up until it achieved its goal.

On October 3, the latest issue of Business Weekly published an exclusive interview with Delong International President Tang Wanxin.

The Delong Group is a family business and was founded by Tang Wanxin. The Tang family siblings are all five, four of whom hold important positions in the Delong Group.

The boss Tang Wanli is appointed as the chairman of the board of directors of Delong Group.

He is the open head of the Delong Group. He does not directly participate in corporate management. He is usually stationed in Yanjing and is mainly responsible for the maintenance and public relations of the group and the upper-level relationship.

Tang Wanxin is ranked fifth in the Tang family and is the president of Delong International. He is the absolute core of the entire group, while the other two brothers assist.

In the domestic financial industry, Tang Wanxin is different from most wealthy people and can be called an alien.

He has always been shrouded in a mysterious halo. Among the rich people in China, Tang Wanxin has always remained silent and low-key. He never participated in the limelight. Everything on the surface is handled by his elder brother Tang Wanli.

When talking about Tang Wanxin, most people know nothing about him, but there is no shortage of legends about him in the world, such as his "five nos" quirks.

It is rumored that Tang Wanxin does not wear a suit, does not wear a tie, does not accept interviews, does not participate in public events, and never takes photos at will. Everything related to him seems very low-key and mysterious.

According to people who have come into contact with him, Tang Wanxin is ungrateful in private, dressed in ordinary clothes and behaves casually, likes to smoke, and has a hoarse voice. He doesn't look like a consortium boss at all, but more like a farmer entrepreneur.

However, the Tang family is a real intellectual family. Tang’s father was once the deputy director of the Planning and Design Institute of Wucheng City, the capital of Northern Xinjiang Province. Tang’s mother is also a senior intellectual. Tang Wanxin has a university degree and her only sister is a doctor from a hospital in Yanjing. Her eldest brother was originally a school teacher.

In China in the 1980s, the Tang family was a senior intellectual, but only a weirdo like Tang Wanxin was born.

In 1981, 17-year-old Tang Wanxin was admitted to the East China Petroleum Institute, which is today's China Petroleum University. After a year and a half, he ran back to repeat the school. Then he was admitted to the Beijiang Petroleum Institute. This time he also studied for a year and a half, and dropped out of school to do business directly.

You know, it was not so easy to take the college entrance exam in the 1980s, and the university admission rate was basically maintained at around 2%. Moreover, college students back then were very expensive, and graduation was basically equivalent to having a golden job. However, Tang Wanxin dropped out of school twice, and I have to say that he is also a person with a story.

Tang Wanxin has been exploring everywhere since the mid-1980s and has built the private giant Delong system with his own strength. His personal experience is somewhat legendary.

In the financial world, countless people are interested in Tang Wanxin, but he has never appeared in public. He is full of mystery. No one expected that he would choose to accept media interviews at this time.

The rare opportunity to seize this interview was Business Weekly, a magazine that was founded in 2000, less than three years ago.

"Business Weekly" is a half-monthly magazine. Although its founding time is short, its influence cannot be underestimated. The people who have interviewed include Li Ka-shing, Microsoft's Tang Jun, Vanke's Wang Shi, and the heads of major state-owned financial institutions, as well as senior officials from the China Securities Regulatory Commission and the China Banking Regulatory Commission.

"Business Weekly" is currently the only news business weekly publicly issued at home and abroad. Its main users cover business people and government officials, and it also radiates to most foreign business people who invest in China.

It can be seen that this interview with the Delong Department was carefully selected, and "Business Weekly" also attached great importance to this interview and specially regarded Tang Wanxin as the cover character of this issue.

The Delong Group has been plagued with negative news recently. As soon as the latest issue of "Business Weekly" was released, it immediately caused a sensation. The news media reprinted on a large scale, and the online media was naturally not willing to lag behind. All the three major domestic portals reported in prominent positions without exception.

Chen Qiaoshan has been paying attention to the trends of the Delong Group these days, so he naturally saw the relevant news at the first time. He was sitting in an Internet cafe and staring at the cover of "Business Weekly".

On the cover of the magazine, Tang Wanxin was indeed as rumored, wearing only a red plaid T-shirt with a calm expression and casual posture.

Unlike most people nowadays, Tang Wanxin still has a mustache, with a slightly fat man, thick eyebrows and small eyes, obviously without careful care, and a two-handed beard that looks like a country uncle, without the momentum of a capital tycoon.

The background of the magazine cover is a building. The building's rice-shaped steel structure is very three-dimensional. It seems very grand at the moment. Chen Qiaoshan recognized the building above at a glance.

He has never been to that place, but it can be seen in financial news that even more than ten years later, it is also famous because it is the location of the Shanghai Stock Exchange and the famous securities building in Pudong.

The theme of the cover character in this issue of the magazine is printed in golden font in the lower left corner of the cover: Delong Empire and Industrial Change.

Chen Qiaoshan did not continue to study the magazine cover. He opened the relevant interview content and quickly browsed it.

Before the interview started, there was an editor's note, which was written very carefully. Chen Qiaoshan felt a little excited when he read it.

He is the head of the largest private enterprise in China and the pioneer of domestic industrial and financial mixed operations. With his "amazing moves" in capital operation and industrial integration, he shocked the entire Chinese financial industry and led many companies to imitate. He is Tang Wanxin, the founder of the Delong Empire.

Chen Qiaoshan also felt a little moved. Tang Wanxin was indeed an extraordinary person, but this did not hinder his determination to fight with Delong.

I have to admit that this interview is very in-depth, and Tang Wanxin talks about many questions and explains them thoroughly. It almost perfectly answers all aspects of questions.

Chen Qiaoshan understood that now only he and the senior management of the Delong Department knew that the remarks in this interview were all lies carefully woven to cover up their eyes and ears, and everything was a dying struggle made by the Delong Department.

Chen Qiaoshan knew that their follow-up methods would definitely be more than that, and there must be more counterattacks waiting for him.

"Business Weekly" has not prepared many topics, but all the issues are about topics of concern to the current market.

Remember: Regarding the high growth of the three Delong stocks in the market and the rumored suspicion of being a dealer, how does Delong Group respond?

Tang: I don’t know much about those big dealers.

We are engaged in industrial policies. Investors should not always focus on how much the stocks under the Delong Group have risen, but also see the increase in our performance. Everyone should learn to analyze scientifically. Our stocks have risen ten times, but our revenue is also increasing significantly. The two complement each other.

Regarding the issue of illegally embezzling funds, Tang Wanxin also gave an exclusive response: frequent investment is a market-oriented requirement, and the rise in stock prices is the result of performance support.

The capital chain of the Delong Group is normal, so you don’t have to worry about any problems. You can see clearly by choosing the stocks under the Delong Group from qfii. Foreign investors believe us, and there is no need for Chinese people to question them at all.

Regarding the guarantee transaction, Tang Wanxin also gave an explanation: First of all, it is legal. We will raise funds first to invest, and then repay the principal and interest when we have money. This is a diversion during the operation and is completely in line with the law.

Regarding the insider transaction with Huiyuan, he explained: 300 million yuan offset funds did exist, but the group misappropriated the working capital of the listed company. This was the debt for the acquisition of Huiyuan that year. At that time, Tunhe Shares reached an agreement with Huiyuan, with a down payment of 100 million yuan, and the remaining funds were deducted from the annual profit.

The reason why this is going on is that Huiyuan and Tunhe Co., Ltd. were a strong alliance back then. Huiyuan hoped to use Tunhe's power to stabilize the upstream industry, so he took the initiative to incorporate into the Delong Group, which can completely stand the investigation.

As for the sale of Huiyuan shares, it is completely normal business behavior, and there is no insider trading.

Tunhe shares are based on the perspective of industrial integration and there is no shortage of selling assets.

Huiyuan's net income was almost halved last year. Tunhe Co., Ltd. was divested from Huiyuan in order to avoid risks. As for the so-called insider trading, it was entirely to avoid excessive market interpretation, so this was the worst-case scenario, and Weiling Group took the lead in the acquisition.

...

Chen Qiaoshan looked at the interview news on the screen and felt mixed feelings.

He knew in his heart that everything he had done so hard a few days ago had completely collapsed in Tang Wanxin's words.

This is an unequal game. The Delong system is a behemoth, while Chen Qiaoshan is just an insignificant individual.

The two are tantamount to elephants and snakes, but Chen Qiaoshan is not going to help the elephant and catch the rats that are drilling into its nose, because he knows that the Delong system is now terminally ill, and a consortium destined to be destroyed will naturally not be with him.

Chen Qiaoshan understood that the struggle between the two would continue, because at the end of "Business Weekly", the reporter asked about his views on Qiaoshan, Peking University.

Tang Wanxin’s answer is very simple: look at the future development of things, and if necessary, everything will be handed over to the legal department of the group.

Chen Qiaoshan could understand what he meant. This was a naked threat: Shut up or see you in court!

Chen Qiaoshan didn't care because he knew that this was really not a threat. If the legal process was really gone, I'm afraid the Delong Group would be in crisis before the lawsuit was over.

In Tang Wanxin's eyes, Chen Qiaoshan may be a representative of overestimating one's own abilities, but Chen Qiaoshan knew in his heart that he was the one who had the advantage of the situation.
Chapter completed!
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