Rebirth of financial migrant workers

Chapter 468: Huajin Group has already extended its claws to Mule Bank

Wang Chunliang regretted that he was not gossipy enough in his previous life and did not know much about the deeds of the senior shareholders of Mule Bank.

For example, Wang Chunliang knew nothing about the actual equity situation of Sihai Investment Company that Vice President Zhang just mentioned.

But this can't be blamed on him, as in his previous life he was just a low-level branch account manager.

Normally, this information about the head office's shareholders will not be disseminated among the lower levels.

Wang Chunliang thought for a moment and suddenly found the key point:
"That's not right. Jiujiu Group acquired our bank's shares more than six years ago. Could it be that for such a long time, no one in our bank knew about this?"

Vice President Zhang took a sip of the Tieguanyin tea Wang Chunliang had brought as a gift, then glanced at him and said:

"This matter was handled by Chairman Wu and his cronies when he was in office. So they must have known about it. I guess your senior brother, President Wang Quan, also knew about it. But the later leaders, including your future father-in-law, Chairman Ning, were completely unaware of it.

And it was only after the incident came to light in the past few days that I was able to roughly reconstruct the situation at that time through inquiries from various sources."

In 2005, a number of rural credit cooperatives and other financial institutions in Shuanghe Province had just merged and reorganized to form a new Mule Bank.

At that time, the Jiujiu Group, which was at the peak of its power in the domestic clothing market, and the little-known Huajin Group conspired to establish Sihai Investment Co., Ltd.

Soon after its establishment, the platform company used various channels to establish contact with Chairman Wu, who was then the head of Mule Bank, and made a one-time investment and acquired a total of 1.4 million shares of Mule Bank.

The following year, Mule Bank once again carried out a capital increase and share expansion plan of 40 billion shares, and Sihai Investment took the opportunity to acquire another 3 million shares.

As for how Sihai Investment obtained the qualification to participate in the capital increase and share expansion as a private enterprise, and how it acquired 5 million shares of Mule Bank at a price of 1.35 yuan per share when the previous auction price of Mule Bank's shares was 3 yuan per share, this is undoubtedly a topic that cannot be touched at all.

Vice President Zhang only spoke very vaguely, mentioning that the mastermind behind the scenes came from the provincial government.

Hearing this, Wang Chunliang had an idea. His senior brother Wang Quan was assigned to Mule Bank by the Provincial Financial Office during that period. Could he also be related to this matter?

"President Zhang, how did the information about Sihai's real equity get out?"

Vice President Zhang lowered his voice and replied:

"Wuhu City's Qixiang Automobile is also a shareholder of our bank, and listed 2 million bank shares at the end of last year. Are you aware of this?"

Wang Chunliang nodded:
"Qixiang Auto has been in financial difficulties in the past two years and hopes to recover funds by selling our bank's equity to ease the financial pressure."

"Well, a while ago, a mysterious buyer reached a verbal agreement with Qixiang Automobile, and the deal surfaced when it was officially completed not long ago. The mysterious buyer is Xiuning Xinhua Asset Management."

"New Hua Asset Management? Huajin System?"

Vice President Zhang did not expect Wang Chunliang to have heard of this company. He nodded and added:
"Yes, it is another company indirectly held by Huajin Group. After that, when Chairman Ning sent someone to investigate it, he unexpectedly discovered that the executives of Xinhua Asset Management and Sihai Investment were highly overlapped. Only then did he realize that Huajin Group had already acquired shares in Mule Bank through disguise."

"1.4 million shares plus 3 million shares plus 2 million shares, which is a total of 6.4 million shares of Mule Bank"

Vice President Zhang continued Wang Chunliang’s words and said:

"The Huajin Group holds a total of 5.87% of the shares, which is very close to being the third largest shareholder of our bank. At present, they are very close to your senior brother Wang Quan, so it is not surprising that Chairman Ning has been in a state of panic recently." Vice President Zhang hesitated for a moment, and finally added:
"The Huajin Group holds a total of 6.4 million domestic shares of Mule Bank through Sihai Investment and Xinhua Asset Management, while the total investment cost is only 13.46 billion yuan. This is another thing that makes Chairman Ning very annoyed. No matter from which angle you look at it, our bank's assets are obviously lost."

Wang Chunliang frowned and whispered:

"If all this is led by the province, then we will just have to suffer this loss in silence."

"Your future father-in-law has been busy with this matter recently and probably has no time to sign your appointment letter, so your appointment documents have not been issued yet."

Vice President Zhang patted Wang Chunliang on the shoulder and continued to comfort him, "Ning Minghao and Wang Quan didn't mention this to you. On the one hand, they didn't want to drag you into the fight between them. On the other hand, this matter may involve some secrets of the bank and provincial leaders many years ago. If nothing unexpected happens, they should have been ordered to keep silent. As an old man who is about to retire, it is impossible for me to go any further. Naturally, I don't have to worry about the twists and turns here. Being able to answer your questions and solve your doubts is also worthy of you, a little boy, coming to see me often."

Wang Chunliang was touched by the righteous look on Vice President Zhang's face, but he made a joke:

"Well, President Zhang, I know a top female host of Big Pants. Why don't we make this series of wonderful stories into a program?"

"Go away, you little brat. Don't drag me into this. I don't want to advance, but I'm still counting on the Mule Bank to give me my pension. Okay, get out of here if you have nothing else to do. You're going to be the deputy general manager of a department, but you're still running into my office every day. People who don't know would think I'm unwilling to retire and take over the privacy."

Wang Chunliang was kicked out of the office by Vice President Zhang. When he arrived at the elevator, the elevator just arrived at this floor.

When the elevator door opened automatically and Wang Chunliang saw the people inside, he was so shocked that he actually forgot to enter the elevator.

In the end, the person inside reached out and pulled the dazed Wang Chunliang in, and the elevator resumed operation.

This person was none other than Ning Shuo, whom Wang Chunliang had just met not long ago.

Wang Chunliang stared at the other person several times, and finally couldn't help asking:

"Aren't you back in Hong Kong? Why are you here at the Mule Bank headquarters? Aren't you afraid of being seen by Uncle Ning?"

Ning Shuo, who was originally hugging Wang Chunliang with a smile on his face, suddenly became unhappy when he heard the words "Uncle Ning". He waved his hand impatiently:
"It's rare for us to see each other. Don't mention that old guy. It'll spoil the fun."

Wang Chunliang wanted to give him some more advice, but Ning Shuo didn't give him a chance and changed the subject:
"From today on, I will be officially assigned to the head office of Mule Bank as the manager of the listing office. I will be responsible for the coordination between the bank and Hong Kong City. We will meet often in the future."

"Wait, let me sort this out. You were originally in Huajin Group, but now they have assigned you to Mule Bank?"

Ning Shuo was very satisfied with Wang Chunliang's surprised expression and patiently explained:

"Some time ago, Huajin Group's earlier series of shareholding operations were exposed, and now it has reached the stage of showing its cards. As one of the major shareholders of Mule Bank, they naturally have the power to place their own people in the head office."

"The chairman actually agreed?"

Ning Shuo laughed wildly when he heard this:

"How can this matter be left to Ning Minghao? The listing of the bank is now fully entrusted to Brother Quan. Moreover, Brother Quan has the support of important shareholders and the province behind him. My appointment was approved by him."

(End of this chapter)