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Chapter 203 I want to issue additional shares

The initial experience of Lu Maya's contract machine for the International Daily gold medal reporter was just an accident for Hexun's business halls throughout Indonesia, but it further fueled the already very popular market.

The market is a whole. With the hot sales of contract machines, the stock of Hexun Company has also risen like a chicken blood.

On the day of the first experience of Lumaya's contract machine, Hexun's stock rose by fifteen percentage points, and was praised by major economic newspapers and financial channels as a revival of the communications industry, and was named "financial miracle". Some people also called it that this is probably the most insurmountable increase since the establishment of the Daga Exchange Co., Ltd., the Indonesian financial market has matured.

"What does this mean by fifteen percentage points? It means that Hexun Company, which has an asset size of 100 million rupees, made a huge fortune of 150 million rupees in just one day. How could this be surpassed?"

However, on the next day, reality slapped these financial experts loudly, because after Lu Maya's news was exposed, the stock of Hexun Company increased by more than 20 percentage points, making the entire Indonesian financial market shout incredible.

When the whole of Indonesia was frenzy about Hexun's performance in the stock market, Hexun's chairman Meadow, responded a little slow.

Originally, Meadow was not optimistic about the contract machine project proposed by Tang Mingjie, and even felt a little disgusted with him so openly interfering in the operation of Hexun Company. He has been trying to find some trouble for Tang Mingjie.

It was precisely this reason that Meadow did not pay much attention to the changes in the market. It was not until the reporter came to him to conduct an exclusive interview with him, asked him how he thought of the contract machine project and promoted it through pyramid schemes that he suddenly understood what amazing things Tang Mingjie had done.

This situation is not because Meadow has dereliction of duty and has not been a chairman. It is only two days. In such a short time, how could he know that Tang Mingjie can do this? It's just a cheating trick.

"Meadow and the Chairman, why do you seem to be unaware of these things? Are you still the chairman of Hexun Company?"

Faced with the questions asked by the reporter, Meadow and ran away. On the one hand, he also felt that he was too embarrassed. Tang Mingjie had managed Hexun Company like this, but he was unaware of it and wanted to cause trouble for him behind his back. Isn’t this ridiculous? On the other hand, he felt that as the chairman, he always had to know what the situation of Hexun Company is now!

So with these reasons, Meadow hurriedly found Tang Mingjie, opened his mouth and asked, "What good things have you done..."

However, he could not continue to say this. After all, Tang Mingjie is a great contributor to Hexun Company. It can be said that Hexun Company's stock surge in the past two days is entirely due to him. He has not done anything, so why are you still embarrassed to talk about others?

Tang Mingjie is such a smart person. He understood everything at the sight of his expression, so he said: "It seems that the chairman has seen the stock situation of Hexun Company, so I don't need to say more. The sales of contract machines are very hot now. I was just having a meeting with the company's marketing department and trying to cool down the current hot sales."

Meadow and Yi Yi didn't react and asked subconsciously: "Why should we cool down the sales situation?"

Tang Mingjie smiled and asked him: "Does the chairman think that it is a good thing that Hexun Company's stock has been soaring? As far as I know, the China Securities Regulatory Commission has already started an investigation."

This gave Meadow and Dangtou a basin of cold water, which immediately made him wake up. Since there is no rule for the daily limit in Indonesia, the CSRC is particularly concerned about the trading situation of various stocks. In order to prevent various insider trading, any increase or abnormal decline will be investigated. A terrifying figure like Hexun Company, which has a 20% increase in a day, is the focus of the CSRC’s red list.

Meadow, who woke up, was still calm: "So now are you going to stop the sales of the contract machine immediately?"

"The sales of contract machines are reasonable and legal. I don't think there is any need to stop them. If we do this, it will cause doubts." Tang Mingjie said, "The result of my discussion with the marketing department is to start with pyramid schemes and reduce the amount of rewards first."

Meadow thought about it and indeed if there was a little movement on the CSRC, he would hurry to stop the sales of contract machines, which was a bit unintentional. However, if you start from the rewards, you would not have any concerns in this regard. Moreover, the current market is booming, and it is basically caused by the pyramid scheme of rewards, otherwise a single contract machine project would not have made it so crazy now.

"It's just that if the amount of the reward is reduced, it won't work in the future?" Meadow asked.

"It will be somewhat effective. After all, the original intention of setting up the reward was to attract customers and let word of mouth between customers. Now it is time to cool down, so it is naturally the best way to start from here."

Tang Mingjie looked at Meadow and a few times and asked him: "Or, Chairman, what better way do you do?"

Meadow thought about it carefully and said: "Where to issue additional shares to dilute the existing stock?"

Tang Mingjie frowned. As an Indonesian economic authority, he certainly understood the significance of a company's additional issuance of shares, but generally speaking, the company's additional issuance of shares is provided with project guidance. In other words, a listed company first determined the project it was going to carry out, and after finding that the project was short of money, it made decisions to raise enough funds as soon as possible; or simply listed companies raised funds to expand the company's scale to produce large-scale production. How could they do this?

Of course, this does not mean that Meadow is messing around, because if the market is active and all funds are gathering towards Hexun Company, issuing additional stocks to dilute the equity, which can indeed balance the stock price.

It's very simple. The stock market is a big pool, and Hexun Company is a bucket. When the water in the large pool of the stock market is to be poured into the small bucket of Hexun Company, it will soon be full. But if the bucket of Hexun Company is expanded at this time, it will naturally be able to hold more water instead of full.

The reason is that this is true, but Tang Mingjie thinks carefully but always feels that this is not a good idea.

Seeing that Tang Mingjie did not immediately make a statement, Meadow's face pulled down: "Although Tang Mingjie admits that your contract machine sales are very exciting, don't forget that I am the chairman of Hexun Company. I have the right to be the owner of Hexun Company. I discuss with you now to respect what you do, not to get your consent."

Tang Mingjie shook his head helplessly: "Medou and Chairman, First of all, I want to tell you that I don't have any intention of competing for power with you. I just think about Hexun Company. After all, you also know that I still need Hexun Company to help me sell those contract machines."

"Put your hypocritical face, you keep saying you don't fight for power, but you see what you are actually doing, and you have a meeting with the company's supervisor behind me and make changes to the sales plan privately. Do you still take me as the chairman seriously if you do this?"

Meadow roared angrily, Tang Mingjie wanted to explain something, but Meadow continued: "I know what you want to say, but don't think that you are an Indonesian economic authority is amazing. I am also an excellent businessman in Indonesia. Don't I know when to do what and when not to do what? Let me tell you, now is a good opportunity to issue additional stocks!"

Tang Mingjie frowned and looked at Meadow for a while, and finally sighed helplessly and shrugged: "Okay, since you insist so much, it is not impossible to issue additional stocks, but this matter is very important, and how many additional stocks need to be issued and in what name to report to the China Securities Regulatory Commission are all issues that we have to carefully consider."

Tang Mingjie paused for a moment before continuing, "So my idea is that we should study it carefully first, and then hold a shareholders' meeting to discuss and make a decision."

Meadow nodded subconsciously, but then he reacted: "You said this on purpose, do you want to delay time? What kind of pyramid schemes are there to promote pyramid schemes when you create a contract machine? It took only two days to get the China Securities Regulatory Commission to target us. How long do you want to solve this problem?"

Tang Mingjie spread his hands: "Medou and Chairman, I want to say that I did not fool you on purpose, but things really need to be done step by step..."

Meadows waved his hand hard and interrupted Tang Mingjie's words: "I don't want to listen to these words anymore. In short, I tell you that I will issue additional stocks. Now I want to. I am not discussing with you now, but telling you that I have made such a decision. I also want to tell you that I am still the chairman of this Hexun Company!"

After leaving these words to Tang Mingjie, Meadow left.

"This Meadow is too willful. I really don't know where I am. I just make decisions here. I have poor abilities but have a very big temper. Do we really want to listen to him? Teacher, why don't we just get the Hexun Company completely?" Chanonsa suggested to Tang Mingjie.

Tang Mingjie smiled bitterly and said, "This method is very good, but we can't do this now. First of all, not to mention that Hexun is all Medoghe's confidants. If we really want to seize power, we won't say whether we succeed or not. We will definitely make Hexun's mess first. This is not what we want to see. And more importantly, we are Chinese, and Indonesia will not allow Chinese to interfere in the communications industry. It doesn't matter if we invest now, but once we have it, we will cross the boundaries."

"But it's really angering to hear this guy say this!" Chanonsa said indignantly.

“That’s true.”

Even Tang Mingjie was helpless, and he continued: "But we can think about it from another perspective. It is not a clever move to issue additional stocks at this time, but we will not make any big mistakes."
Chapter completed!
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