Chapter 526: Chapter 231: An Uncle Searching for His Son (Part 2)

Many of He Li Lao’s soup bases and meat ingredients contain food additives, and some of these additives are even explicitly prohibited by law.

All of Hai Li Lao’s products are naturally made, without any unnecessary additives.

As soon as this report was released, Hai Li Lao became an instant hit, and many consumers rushed to the stores to apply for membership cards and spend.

On the other hand, He Li Lao was in dire straits, with no consumers inside the store except for the staff.

At dusk, cities across the country took simultaneous action, demanding that He Li Lao hot pot restaurants immediately cease operations for rectification.

Anyone with life experience knows that when a food service establishment has such an issue, it’s almost equivalent to a death sentence. Even if they later rectify it, many consumers will not return to the store.

Liang Tao sat dejectedly in his office, staring blankly. Soon, the Securities Regulatory Commission responded, terminating He Li Lao’s stock listing application review, and clearly stated that He Li Lao would never be allowed to list.

The news reached Zhang Jiacheng’s ears in the hospital, and he immediately became breathless with anger.

After a round of resuscitation by the doctors, Zhang Jiacheng’s condition stabilized.

Zhang Jiacheng: "Dad, I’m sorry, I failed to see this coming."

Zhang Zhengjun: "It’s okay, it’s okay... No one can succeed in every investment, Dad has failed many times too. It’s okay, it’s okay, just focus on getting better, don’t worry about the company’s issues."

After comforting his son, Zhang Zhengjun hurried back to the company to handle the matter.

Jiacheng Investment has invested 3 billion in He Li Lao, and now He Li Lao is definitely going to collapse, other shareholders came to Zhang Zhengjun for an explanation.

billion, he had assuredly guaranteed his son when investing in He Li Lao, and in such a short period, it has come to this, he must provide the shareholders with an answer.

His son’s illness had already troubled Zhang Zhengjun enough, and now these shareholders were chattering away, completely angering him.

"I’ve made so much money with my previous investments, hasn’t each of you taken billions from me? Now it’s just one failure, why are you so excited? Where were you when the money was being made, why didn’t you say share some with me? Now that we’ve lost money, you want me to give an account! Who the hell can guarantee success in every investment? Can you? If I give you the money, can you guarantee every investment will make money, can you? Can you!" Zhang Zhengjun roared.

The shareholders, aware of Zhang Jiacheng’s situation, understood Zhang Zhengjun’s feelings at this time and didn’t argue with him.

But now that such a big incident has occurred, shouldn’t we think of ways to remedy it?

Zhang Zhengjun reassured, "It’s okay, our other investments are going well, once the funds come back, we can cover He Li Lao’s losses. At worst, I’ll personally contribute some money to the company, rest assured you won’t suffer any losses. I just hope that in times of difficulty, everyone stands with me, not just praises Chairman Zhang when making money, and then screams for an explanation when losing money!"

The shareholders looked embarrassed, seemingly aware that their actions were out of line.

"Chairman Zhang, sorry, we were a bit too hasty just now."

"We were only talking, we will definitely stand with Chairman Zhang."

"Yes! We will certainly advance and retreat together with Chairman Zhang."

...

However, things are far from over. 𝚏𝕣𝕖𝚎𝚠𝚎𝚋𝚗𝐨𝐯𝕖𝕝.𝕔𝐨𝕞

Too early to make such statements now.

After a while, the Secretary rushed in, saying: "Chairman Zhang, things have gone south. Our investments in 8 companies preparing to go public and another 12 already listed companies have simultaneously been exposed for violating laws and regulations. Tax evasion, diversion of listed company assets, misappropriation of funds, even accounting fraud, interest transfer, insider trading and more. All issues are backed with concrete evidence, leaving no room for counterargument. We’re finished; someone is targeting us mercilessly, leaving us no way out."

Excitedly, Zhang Zhengjun stood up and said, "What? How could this happen? Let me see!"

The Secretary promptly displayed the compiled news materials in PPT format for everyone to see.

When everyone saw the solid and accurate evidence, their hearts sank completely.

Take the case of Xizhou Gold Industry’s embezzlement of public funds, for instance, the involved bank accounts, names, transfer paths, were all crystal clear, leaving no room for any argument.

This stock had already been exposed for inflated profits in 2015, and after being fined by the Securities Regulatory Commission, its price dropped to 1 yuan—you managed to bottom out then and now have made a threefold paper profit.

But Xinzhou Qimingxing Asset Management Company, the major shareholder of Xizhou Gold Industry, sneakily diverted Xizhou Gold Industry’s funds to other companies, and even used Xizhou Gold Industry’s assets for unauthorized guarantees and pledged funds for its subsidiaries.

It’s a typical case of cutting leek, transferring money from a listed company to others.

Such things are too common in the A-shares market, repeatedly occurring despite prohibitions.

Anyway, once caught, it’s a 600,000 fine, as long as they don’t delist, there’s always a chance to rebound, so major shareholders aren’t worried.

Even if some companies manage to not delist by luck, their stock price must be suppressed in the one-yuan area from which it cannot rebound.

At this point, Zhang Xiang and Qiu Yuhong had already begun reaching out to the relevant personnel of the Securities Regulatory Commission, using connections wherever necessary, they must ensure Jiacheng Investment has no chance to retaliate.

This pushed the shareholders over the edge.

"What the hell is going on? Who have you offended?"

"Isn’t it obvious we’re being targeted? Digging up dirt on every company we’ve invested in, there’s nothing more directed than this!"