Currently, the reason why foreign investors could easily increase their shares in joint ventures was due to the lack of restrictive provisions in the joint venture legislation and the irregular operation practices of the joint venture.
According to the current policy, a capital increase did not necessarily require the approval of all the shareholders, and it did not require two-thirds of the shareholders. It was entirely possible to increase the capital unilaterally. If the original shareholders did not subscribe for the increased capital, their shares would be diluted.
Of course, he was not afraid of offending the so-called local tyrant. The most valuable thing in Four Sands was the technology and the equipment he had invested in. If he could not survive, he could relocate, from the workers to the equipment!
However, he would not do this unless it came to that. After all, the investment environment in this area was still good. In terms of the government's credibility, it was one of the top five in the country.
It was definitely not like some provinces where the government's credibility went bankrupt. There was once a province where the China Development Bank requested the China Securities Regulatory Commission, China Banking Regulatory Commission, and National Development and Reform Commission to suspend government and corporate financing. They also proposed that all financial institutions stop buying the provincial government and regional bonds.
"What does this mean?" Secretary Song was no stranger to this new term. As a secretary, other than being good at writing, one must also learn to keep up with the times.
Li He did not care about the other party's expression and spread his hands. "Please wait and see."
He ignored the other party. In fact, he was more interested in Zhang Weiqiao. He was also a legendary person, but he did not know much about him.
"Director Li, thank you. You are too kind."
Li He treated Zhang Weiqiao to a meal, which made him feel flattered.
Li He smiled and said, "Have a seat. Don't stand on ceremony. You are the one who brought this wine. I am just offering it to you."
"Thank you, thank you." Zhang Weiqiao took the wine glass that Li He poured and clinked glasses with Li He. He then stood up and raised the glass to Qi Hua and the others.
"Good alcohol tolerance." Li He gave him a thumbs up.
"Director Li, I am the host here. Just let me know if you have any orders. I still have some connections. I might not be able to help you with anything big, but I am sure I can help with something small." Zhang Weiqiao was very generous.
"It's fine. You coming over is already a sign of friendship. I was just saying that Yu Dehua was too talkative and came to trouble you." Li He smiled and said, "How is the business?"
Zhang Weiqiao said, "Thanks to President Yu's care, the entire cotton spinning industry has been losing money for six consecutive years. Currently, only our cotton spinning factory has been thriving for the past two years, and we can't even finish the export orders. Moreover, when there was a shortage of funds, Mr. Yu still took the initiative to introduce me to a bank loan. I really have nothing to say about our brotherhood. "
Li He asked, "Did you get a loan from the Commercial Bank?"
Zhang Weiqiao said, "You know Manager Wu too?"
"Manager Wu?" Li He didn't know who it was. "The general manager's surname is Huang, Huang Bingxin."
"Huang Bingxin? Yes, I remember that the general manager is called Huang Bingxin. Although I also have some wealth, I can't compare with him, so I really didn't have the chance to meet him. Manager Li, you sound like you're very familiar with it? "
"I happen to know him." Li He smiled.
"Director Li, it's really … really …" Zhang Weiqiao racked his brain for a long time but still couldn't find the right words. He was so anxious that his forehead was sweating.
"Director Zhang, you want to say that you have a wide circle of friends, right?" Jin Lin timely added.
"Oh, I'm sorry. I only graduated from primary school and am not very cultured. When I was ten years old, I entered a cotton factory. The factory produces cottonseed oil. All I have to do is carry bales of cotton. Each bag weighs 50 kilograms. I have to carry dozens of bales every day. I don't even have many opportunities to read. Zhang Weiqiao patted his head with a smile. "It wasn't easy to get a university degree from Wanbei Finance University two years ago, and it's just a joke."
"Brother, you're a practical man." Li He laughed and poured him another glass of wine. "If you need any help, just tell me. Don't be shy."
"No, no, Mr. Yu has been very kind."
Just as Zhang Weiqiao finished speaking, Dong Hao's phone rang. He picked it up and handed it to Li He.
Li He apologized to Zhang Weiqiao and left the room to answer the phone.
"Mr. Li, Soros and Hedge Fund started to short a listed company under Treasure Island Trading." Guo Dongyun said calmly on the phone as if she had expected it.
After all, she made Quantum Fund suffer so much during the British Pound War. It would be strange if they didn't find her for revenge. As expected, she came.
Li He laughed. "If he dares to short, I will dare to take over. I will make him lose his pants."
He was also mentally prepared for this. Sooner or later, he would have to pay for what he had done. Killing everyone was killing each other. The way to repay each other was unreasonable.
"Mr. Li, Moody's has downgraded this company's unsecured debt rating to" B3. " The outlook of the rating is maintained at "Negative," and the company's financial situation has weakened to a level that is more suitable for a "B3" rating. So, I have asked the company's management to prepare for the annual investor meeting. On the surface, the company's current production and operation are normal and stable. The company's performance has increased significantly, and the operating cash inflow is sufficient. There has never been a debt default, and there is no significant adverse change in the company's solvency … "
"Don't bother." Li He interrupted forcefully. "We will deal with it as it comes. A few MBA graduates are not qualified to talk in front of me."
Most of the listed companies couldn't withstand the attack because of the lack of liquidity.
Taking over was a game of money, and the last thing he lacked was money.
Even the American vulture group, such as Amerson, was good at fishing in troubled waters and biting elephants.
He wasn't afraid of Analytics, and he could do whatever he wanted with money.
"Spread the news. Tell Old Yu, Old Shen, Huang Bingxin, and all our domestic and foreign companies to refuse to cooperate with Moody's in any form and reject Moody's rating!"
Such a rating result was turning black and white upside down.
For a rating agency, it was either adding salt to the wound or adding icing on the cake. To put it bluntly, they were just fence-sitters.
Take the US subprime crisis and European debt crisis as an example. Before the crisis, the rating agency was specialized in tracking the various economies on Earth. Why didn't they give a warning rating in advance?
Since Moody's dared to work with Soros to trick him, there was no reason for him to lower his head.
"I understand what you are trying to say." Guo Dongyun did not object to Li He's decision to go head-on. What she did before was nothing more than a normal company procedure. Now that Li He took the initiative to say that he would not take the normal path, she was more than happy because they had the confidence.
No organization had ever dared to short Goldman Sachs, Belleden, Hathaway, or Alibaba, because they were giants! Everyone knew!
And those who dared to short Treasure Island Trading was because they were too low-key and had never shown their teeth. Although they had made good gains in the British pound war, they were still inexperienced in the international financial market!
No one really realized that Hong Kong's Treasure Island Trading was relying on, and they did not realize that Tsinghua Financial Group, Delta Group, Grand Group, Grand Investment Group, Buffo Group, and Golden Deer Group were all closely related.
"Moody's is a listed company?" Li He asked.
"Yes." Guo Dongyun did not deny it.
"If I am not feeling well, then they shouldn't be feeling well either. Kill them." Li He said. "If you need money, look for Pan Youlin and Huang Bingxin."
After hanging up, Li He was still not feeling well.
"Director Li, if you have something to say, just say it." Zhang Weiqiao noticed that Li He, who had just entered the room, did not look good and seemed to be angry.
Li He laughed. "It's nothing. It's just a bunch of clowns jumping around. It's an eyesore."
The two of them casually chatted for a while, and the meal ended.
The next day, he invited Zhang Wenyu, who had braved the snow to come over.
"It's been tough on you."
Zhang Wenyu sighed. "It's nothing compared to when we were young. What have we not experienced? Running is nothing. When we go out, there are cars everywhere. It's very comfortable. It's just that I'm old, and my body is too heavy. I can't do what I want. "
"I don't want you to think about the past."
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