I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 103 You raised the price in the beginning, but now you are begging me to give it to you for free

Yang Chen deliberately suppressed the testing data of other brands of drinking water and did not disclose it, and the effect was immediately seen.

Zhang Taohua, President of Nestlé Longguo District, called Yang Chen.

"Hello, Mr. Yang, I'm Zhang Taohua, President of Nestlé Longguo Region. I'm calling you to explain our joint petition. This is all the work of Nongjia Spring and Ipoh. We were fooled by them and did such a stupid thing. I will immediately issue a statement stating that I will not participate in the business war between Nongjia Spring, Ipoh and Sihai Bingquan. Do you think it's okay?" Zhang Taohua said carefully.

Yang Chen smiled and said: "It's a good thing that Mr. Zhang was able to discover the conspiracy of the two families in time. However, adults must be punished for doing wrong things. I hope Nestlé will stop using the water source of Changbai Mountain and cancel the cooperation there. If you do so, I will not publish the test data, nor will I short Nestlé's stock price."

Zhang Taohua was stunned, but soon he said, "Is it just to cancel the cooperation relationship with Changbai Mountain Reservoir?"

"Cancel the partnership and publicly admit the mistake." Yang Chen said.

Zhang Taohua considered it for a while, and finally accepted Yang Chen's request.

"No problem, just follow what Director Yang said."

Yang Chen smiled and said: "Then I will tell them that Nestlé's water test report will not be sent out, and Nestlé's stock price will not be shorted."

Zhang Taohua immediately said happily: "Hey, hey, hey, thank you, Director Yang, thank you, Director Yang. Then I will issue a statement right away. I wish Director Yang a successful start."

Zhang Taohua hung up the phone and immediately issued an announcement in the name of Nestlé Longguo District.

Simply put, Nestlé was fooled by Nongjia Spring and Ipoh Spring and was used as a gun without knowing it. Now they have come to their senses and will not participate in the business war between the two companies and Sihai Bingquan. The previously signed petition is invalid, and from now on Nestlé will not bear any consequences brought about by that petition.

Nestlé expressed sincere apologies to Sihai Ice Spring and cancelled its cooperation with Changbai Mountain Reservoir, temporarily only using water sources such as Qiandao Lake Reservoir.

After issuing the announcement, Zhang Taohua immediately contacted the Changbai Mountain Management District and immediately terminated the cooperative relationship between the two parties.

Yang Chen followed up with a Weibo post.

"I have talked to Mr. Zhang of Nestle. They were fooled by the presidents of Nongjia Spring and Ipoh. They were used as a pawn without knowing it. Now they have come to their senses and will no longer help the evil. As the saying goes, harmony brings wealth. I will not take any further action against Nestle."

Netizens left comments.

"Hahaha...it's a deal."

"Director Yang, this is inappropriate, isn't it? You can't ignore everyone's safety just to make money. You should publish the test report."

"In this situation, does it make any difference to publish the monitoring data? If there is nothing wrong with Nestlé, can they issue a statement to apologize? However, I don't quite understand why Nestlé stopped using the water source from Changbai Mountain."

……

Seeing that Nestlé had already knelt down and obtained Yang Chen’s guarantee, other brands did not dare to drag it out and quickly contacted Yang Chen to seek a settlement.

"Director Yang, I'm Qi Peng, the president of Robust, and I want to reconcile with you..."

"Mr. Yang, I'm Lin Qiming, the president of Watsons. I want to talk to you about the misunderstanding between us..."

"Director Yang, I'm Fan Xian, the chairman of Jinmailang. I want to explain the joint petition to you..."

This was the reason why Yang Chen deliberately suppressed the water inspection reports of other brands and did not release them. They were destined to beg for mercy.

Although these brands are well-known, their market share is very small. The majority are still Nongjia Spring, Ipoh, and Kangshoufu, and these are also the ones that Yang Chen has to deal with.

Yang Chen offered settlement conditions to these companies.

First, issue a notice to apologize to Sihai Bingquan.

Second, any company with Changbai Mountain water sources must immediately terminate their cooperative relationship.

Subsequently, brands such as Robust and Watsons issued announcements in turn, all following Nestlé's announcement model and pushing all the responsibility onto Nongjia Spring and Ipoh, and emphasizing that they would no longer bear any consequences for the joint petition, and would immediately terminate their cooperative relationship with Changbaishan Reservoir.

No matter how clean they tried to make themselves appear, netizens thought they had admitted defeat to Yang Chen in exchange for Yang Chen not making their drinking water test reports public.

The drinking water alliance that Zhong Yuemin and Liu Jianming had formed after making dozens of phone calls completely collapsed at this moment.

Chairman Kangshou Fu was shaken when he saw the stock price falling below 5 yuan and so many brands announcing that they were distancing themselves from the company.

At this time, Kangshoufu’s second largest shareholder, Ichiro Iida, president of Sakura Country Sanyo Foods Co., Ltd., called Kangshoufu’s chairman Wu Minhong.

"Mr. Wu, what's going on? Why do you want to get involved in the business war between Nongjia Spring, Ipoh and Sihai Ice Spring? Ours is the one-yuan zone purified water. The high-end market has nothing to do with us. Why do you want to be used as a gun by them?" Iida Ichiro asked straight to the point.

Wu Minhong explained: "Once Sihai Bingquan is launched on a large scale, it will sweep the entire drinking water market, and consumers in both the high-end and low-end markets will be snatched away by them. No matter how difficult life is, which parent doesn't want their children to be as strong as an ox? Which child doesn't want their parents to be full of energy at an old age? Sihai Bingquan is snatching away all the high-end, medium-end and low-end markets, not just the high-end market. I thought that there were cannon fodder in the front, and I could just follow behind and cheer, but I didn't expect that Yang Chen, this grandson, would be so vicious."

Iida Ichiro immediately said: "The stock price has fallen by 60%. Do you know how much wealth we have lost? I will immediately propose to convene a shareholders' meeting. You must give an explanation to the shareholders! Otherwise, you will be impeached!"

Ichiro Iida hung up the phone angrily, and Wu Minhong threw her phone away angrily.

At this moment, the secretary ran in.

"Chairman, someone from the Market Supervision Bureau and the Food Sanitation Bureau is here. They want to get to know you about the situation."

Wu Minhong sighed and said, "Bring them in."

……

On the other hand, Nongjia Spring and Baishuishan issued clarification announcements one after another.

The content of the announcements from both companies is the same, only the wording is different.

The main point is that the markets including Longguo, Bald Eagle, Europe and the United States require that the bromate content in drinking water is no more than 10 micrograms per liter, while the content of Nongjia Spring and Baisuishan water is 3 micrograms per liter, which is far below the upper limit of the standard and fully meets market standards.

Therefore, they do not agree with the Hong Kong Consumer Council's statement that long-term drinking will be harmful to the body, and reserve the right to pursue legal responsibility.

In fact, this is an open conspiracy. The legal standard is not important at all. What is important is that consumers know that the water from Nongjia Spring and Baisuishan contains the carcinogen bromate. They will definitely be cautious when purchasing these two brands of water in the future. That's enough.

Baisuishan is not a product of a listed company, so the only thing the company can do is to issue this announcement. It cannot do anything else, nor does it need to do anything else. As for whether consumers accept their explanation, it depends on their choice.

However, Nongjia Spring is a listed company, and their explanation did not win the approval of shareholders, and the stock price continued to fall.

Before Yang Chen shorted Nongjia Spring, its share price was 61.5 Xiangbi and Zhong Yuemin's wealth was 5600 billion.

The current share price of Nongjia Spring is 28.5 Xiangbi, and Zhong Yuemin's wealth is 2600 billion, a drop of 3000 billion.

It would be a lie to say that Zhong Yuemin was not panicking. No one could remain indifferent when watching his wealth shrink by more than half in just a few days.

Zhong Yuemin was thinking about whether to admit defeat or continue to persevere when Liu Jianming called him.

"Hey, Lao Zhong, I'm sorry, the group has given me an order, I have to kneel down. The share price of Longrun Beverage has fallen too sharply, from 16 to 6. If it falls further, the shareholders will kill me." Liu Jianming said helplessly.

Zhong Yuemin immediately said: "Won't your parent company come forward? If it really doesn't work, you can let Long Run Group come forward. I don't believe that Yang Chen dares not to give face to Long Run Group."

Liu Jianming replied: "Longrun Beverage President Zhang Wei personally talked to Yang Chen, and Yang Chen put forward two conditions. First, Ipoh publicly apologized, and second, the cooperation relationship with Changbai Mountain Water Source was terminated. If these two conditions are met, Yang Chen will stop shorting Longrun Beverage's stock price. If we do not meet his conditions, Longrun Beverage's stock price will continue to fall, and he will also short the stock prices of other listed companies under Longrun. You also know his ability in the stock market. Even foreign giants can't beat him, how can we beat him? At the beginning, we emphasized that it was a business war and did not want the government departments to intervene. Now the government departments are unwilling to intervene and let us solve it ourselves. What else can we do? How can we surrender and admit defeat? I won't talk to you anymore. I have to issue a notice to apologize, and I have to contact Changbai Mountain to terminate the cooperation relationship. You should also invest quickly. He is really too powerful. We can't beat him at all."

After Liu Jianming hung up the phone, Zhong Yuemin became even more panicked.

The situation became increasingly worse, and Kangshoufu Chairman Wu Minhong also called Zhong Yuemin.

"Hey, Mr. Zhong, I'm sorry, I really can't take it anymore. The shareholders are putting pressure on me. If I don't resolve this crisis as soon as possible, they will join forces to kick me out of the position of chairman. You also know that I only have 0.13% more shares than Sanyo Foods Co., Ltd. If other shareholders join forces with Sanyo, I don't have as many shares as them, and they might really kick me out of the position of chairman. Moreover, the company's stock price has indeed fallen too much. It's useless for us to start increasing our holdings, and we have wasted 5 million yuan. I have no choice but to surrender to Yang Chen. As long as he stops shorting Kangshoufu's stock price, the stock price should be able to go back up." Wu Minhong said helplessly.

Zhong Yuemin quickly said, "No... why are you all kneeling? We agreed to defend our market share together, but you all kneeled down. How can I expect myself to fight against Sihai Bingquan?"

Wu Minhong sighed and said, "What are we fighting against? Yang Chen's methods in the stock market are too powerful. Foreign investors can't beat him, so how can we beat him? And now consumers know that we are preventing Sihai Bingquan from going public, and they have refused to buy our products. If we continue like this, our performance this year will be ugly. I'm sorry."

Wu Minhong hung up the phone and quickly issued a notice to admit defeat.

Ipoh and Kangshoufu successively issued announcements to admit their mistakes to Sihai Bingquan. Ipoh also announced the termination of its cooperation with Changbaishan Water Source.

Yang Chen also did what he said and immediately stopped shorting the share prices of Ipoh and Kangshoufu. After closing his positions, he bought 100 shares of each to push up their share prices.

Seeing the stock price of Longrun Beverage rising again, Liu Jianming sighed: "I can't help but accept it. As soon as he stopped short selling, the stock price went up immediately. I don't know what's wrong with my brain. How dare I go against him?" Liu Jianming was now completely subdued by Yang Chen. It didn't matter if Ipoh and the national team didn't have any cooperation.

Kangshoufu Chairman Wu Minhong watched the stock price quickly rise from more than 4 yuan to more than 6 yuan, and was amazed at Yang Chen's ability in stock trading.

"How on earth does he do it? As long as he shorts, the stock price will definitely fall, even if he increases his holdings. As long as he stops shorting, the stock price will rise immediately. It's simply amazing." Wu Minhong said to herself.

There are only two companies that have not admitted their mistake yet, one is Nongjia Spring, the originator of the scandal, and the other is Ice Dew, a subsidiary of Coca-Cola.

The Coca-Cola Group has not been idle these days. The company's top management and shareholders have tried to increase their holdings by 10 billion Eagle Coins and also issued an announcement of the latest expected performance increase, but to no avail. The stock price is still falling.

Recalling Yang Chen's previous experience of short selling Qiang Sheng and other groups, the senior management and shareholders of Coca-Cola knew that only Yang Chen stopping short selling could the stock price be stopped from falling, there was no other way.

The executives and shareholders held a meeting to discuss it, and finally everyone unanimously decided to admit defeat to Yang Chen.

Coca-Cola President Hollis Murphy called Longguo District President Tang Jian and ordered Tang Jian to contact Yang Chen immediately to seek peace.

Tang Jian called Yang Chen as ordered by the CEO, and said straight to the point: "Boss Yang, I'm very sorry. On behalf of Binglu and Coca-Cola, I express my sincerest apologies to you. I hope you can show some mercy and stop shorting Coca-Cola's stock price. If you have any requests, just let us know, and we will do our best to meet them."

Binglu only serves the low-end market, their water sources are very poor quality and do not involve high-end water sources such as Changbai Mountain.

Yang Chen asked Tang Jian to send an apology letter in the name of Coca-Cola headquarters, and he would stop shorting Coca-Cola's stock price.

Coca-Cola President Murphy asked Tang Jian to issue an announcement in the name of Ice Dew so as not to affect the reputation of Coca-Cola's other brands.

Now Yang Chen asked them to send an apology letter directly in the name of Coca-Cola headquarters. This was a big deal. Tang Jian couldn't make the decision, so he could only call Murphy to ask if he could agree to Yang Chen's request.

Murphy was reluctant to accept Yang Chen's request at first, but when he saw that Coca-Cola's stock price had fallen below 30 Eagle Coins, he had no choice but to compromise and accept Yang Chen's request.

Therefore, the Coca-Cola headquarters sent an apology letter to Yang Chen, admitting that poor management of the headquarters led to the rampant behavior of Longguo District.

Yang Chen also kept his promise and closed his position in Coca-Cola shares that night. After deducting commissions and other fees, he made a net profit of 35 billion Eagle Coins from shorting Coca-Cola's stock price.

Now only Nongjia Spring is still holding on.

In fact, it was not that Zhong Yuemin did not want to surrender, but that BlackRock and Vanguard would not allow him to surrender.

Of course, BlackRock and Vanguard don't want the market value of their holdings to drop by more than half. The main reason is that the top management of the Bald Eagle family has not spoken, and they dare not let Zhong Yuemin surrender.

Zhong Yuemin had no choice but to turn to the Hangzhou Municipal Government for help, requesting the Hangzhou Municipal Government to contact the Jiangcheng Municipal Government and persuade the Jiangcheng Municipal Government to persuade Yang Chen to stop shorting the stock price of Nongjia Spring.

Previously, Huang Wenkang contacted the Hangzhou Municipal Government to intercede, hoping that the Hangzhou Municipal Government would persuade Zhong Yuemin not to embarrass Sihai Bingquan. However, the Hangzhou Municipal Government said that this was a purely commercial war and hoped that both governments would not intervene and let Sihai Bingquan and Nongjia Spring resolve the issue through commercial warfare.

Now the Hangzhou Municipal Government called Huang Wenkang and asked him to persuade Yang Chen not to short the share price of Nongjia Spring anymore. Huang Wenkang refused immediately.

"Mayor Li, let Sihai Bingquan and Nongjia Spring resolve their conflict through purely commercial means. Our local government should not intervene. Okay?" Huang Wenkang said happily, feeling secretly happy that he had finally vented his anger.

The Hangzhou Municipal Government was too embarrassed to continue speaking and could only give up the idea of ​​persuading the Jiangcheng Municipal Government to intervene and let Zhong Yuemin find a solution himself.

Zhong Yuemin slapped himself in annoyance. He originally thought that he could control Sihai Bingquan and Yang Chen without letting the underworld government intervene. Now it seems that he was just shooting himself in the foot.

The local government cannot intervene, and the only way now is to surrender to Yang Chen.

Zhong Yuemin contacted the presidents of BlackRock and Vanguard again and made it clear that this had to end.

After all, BlackRock and Vanguard are important investment companies of the Bald Eagle Family. The two companies joined forces to force the Bald Eagle Family's top management to abdicate, and finally persuaded the top management to allow Nongjia Spring to surrender to Yang Chen.

After getting the permission from the two giants, Zhong Yuemin quickly called Yang Chen.

"Mr. Yang, I'm really sorry. I formally apologize to you and hope you can forgive me. I was helpless before. BlackRock and Pioneer Navigation forced me to take action against Sihai Ice Spring. I really couldn't afford to offend both of them, so I had no choice but to do as they said." Zhong Yuemin explained.

Yang Chen smiled and said, "Oh, so that's how it is. However, I don't care why you did this, I care that you did this. Do you understand what I mean?"

Zhong Yuemin quickly said, "I understand, I understand. Director Yang, please feel free to ask for any conditions you have, and I will do my best to meet them."

"I won't make things difficult for you. Just meet my two conditions. First, make a public apology. Second, terminate the cooperation with Changbaishan Reservoir." Yang Chen said.

Zhong Yuemin immediately said: "No problem! I will do as Director Yang said."

Subsequently.

Nongjia Spring issued a statement to apologize to Yang Chen and Sihai Bingquan, and terminated its cooperation with Changbai Mountain Water Source.

At this point, the struggle between the Drinking Water Alliance and Yang Chen ended with Yang Chen's great victory.

Yang Chen posted a Weibo update.

"Get it!"

Although there are only two simple words, these two words demonstrate Yang Chen's powerful business combat ability, and he can even challenge the entire industry alone.

Netizens left comments.

"Boss Yang is awesome! Damn, the entire industry is on its knees. Now no one can stop the rise of Sihai Bingquan."

"Haha... I am dying of laughter. So many brands have teamed up to fight against Sihai Bingquan, but they were all defeated one by one by Boss Yang."

"This is something that only Boss Yang can do. No one else or any other brand can do it. The quality of Sihai Bingquan itself is too high, and there is nothing wrong with it, so Boss Yang can spread negative information about other brands, and other brands can't get any negative information about Sihai Bingquan no matter how hard they try. It would be strange if they didn't kneel down."

"Now I understand why those brands have cancelled their cooperation with Changbaishan Reservoir, because the management of Changbaishan Reservoir has no business ethics. When someone offered a high price, they sold the reservoir that originally belonged to Sihai Bingquan to others. They have no sense of contract at all. Now all brands have terminated their cooperation with them, and they can only watch the reservoir and starve. Boss Yang is ruthless, don't mess with him."

……

Yes, some netizens guessed it right.

Nongjia Spring offered a high price to buy Sihai Bingquan's reservoir, and the Changbai Mountain Reservoir Management agreed without any sense of contract. With Yang Chen's revengeful character, he would definitely not let the Changbai Mountain Reservoir Management go.

Now all brands have cancelled their cooperation, and the management of Changbaishan Reservoir is completely panicked.

So, they took the initiative to contact Chang Sheng and asked Chang Sheng to report to Yang Chen that they were willing to give Sihai Bingquan a reservoir and asked Yang Chen not to force other companies to cancel their cooperation with them.

Only by developing natural resources can you make money; if you leave them unused, you will get nothing.

Giving a reservoir for free to Sihai Bingquan can gain continued cooperation from other brands, which will definitely be a big profit for the management.

Yang Chen had said before that the key to the effectiveness of the new Four Seas Ice Spring lies in the genetic potion, not in the water from the reservoir. Even if it is directly bottled with tap water, it will not affect its effectiveness.

Previously, they ignored the cooperation agreement between the two parties and arbitrarily raised the price several times. Now they want to give away a reservoir for free in exchange for continued cooperation with other brands?
How could Yang Chen accept this?
Yang Chen ordered Chang Sheng to refuse explicitly and continue discussing the cooperation on Anjiang Reservoir.

The management of Changbai Mountain Reservoir was extremely upset. They quickly contacted the Jiangcheng City Government for help, hoping that the Jiangcheng City Government would come forward to persuade Yang Chen not to be so heartless.

Huang Wenkang made an appointment for Yang Chen and Guo Hongqi, the representative of Changbaishan Reservoir Management, to meet and have a chat.

"Mr. Yang, I'm really sorry. Our previous actions were indeed inappropriate. On behalf of the Changbaishan Reservoir Management, I apologize to you and Sihai Bingquan. I hope you can be magnanimous and give us another chance." Guo Hongqi said.

Yang Chen smiled and said: “Director Guo, there’s no need to do this. It doesn’t matter to us whether we use the Changbai Mountain water source or not. We can contact other water sources for cooperation.”

Guo Hongqi quickly said, "Mr. Yang, we really realize our mistakes. Please give us another chance. Sihai Bingquan will definitely sell well. If we can have enough high-quality water sources, it will help the product sell better. Otherwise, we can sell all the reservoirs that can be used now to Sihai Bingquan at half price. Do you think it's okay?"

Yang Chen shook his head. Just as he was about to speak, Chang Sheng called.

Yang Chen deliberately pressed the hands-free button to answer the call and asked, "Boss Chang, what do you mean?"

"Mr. Yang, we've negotiated the price of Anjiang Reservoir. It's even cheaper than tap water. Haha..." Changsheng said happily.

Yang Chen said with satisfaction: "Okay, then we will..."

Before Yang Chen could finish, Guo Hongqi interrupted and said, "Director Yang, we can also give you all the reservoirs at this price, and use them for free in the first year, half price in the second year, and from the third year onwards, we will implement it according to the contract price. Do you think it's okay?"

(End of this chapter)