The next day, Jiang Ge took the earliest flight of the day back to Beijing. It was almost noon when he rushed back to the city amid the traffic jam during the National Day holiday.
A coffee shop located in a hutong alley, with elegant decoration and quiet environment. There are only a few elderly women who are dressed like noble ladies gathered together to chat, and occasionally let out bursts of artificial laughter.
"What's wrong? Can't you explain it clearly over the phone?"
Jiang Ge walked in and found a place in the corner of the yard to stay for a while. His boss and editor-in-chief Hu Shuli came out from the room and asked him, but he did not answer. He looked around with his peripheral vision and patted the computer bag on his shoulder with his hand.
"wait."
Hu Shuli turned around without saying a word and went back into the room, and returned in a flash with her backpack in her hand.
The two walked out of the coffee shop and got into the car parked in the alley. Jiang Ge quickly opened his computer bag without saying a word.
"Who do you think it is?"
Hu Shuli took a long time to speak after reading the email. With an indescribable solemnity in her tone, she lowered her head and looked at the signature. There was only one thought in her mind - how to convince the important business backbones under her.
The three sins contained in the email have gone beyond the scope of administrative violations in business operations!
First of all, it is not surprising to single out financial fraud. The entire market is tacitly aware of this and normally accepts administrative penalties.
But the second half of the sentence, 'net profit since listing is zero', is absolutely shameful. How can a company that has never made a profit successfully go public?
It should be noted that leading video platforms in the industry such as iQiyi and Youku have all gone to the United States for listing, and even the entire Internet industry that cannot meet domestic listing standards has all gone to the United States. Therefore, the hidden malice of the so-called anonymous righteous citizens is self-evident.
The same is true for the second and third points. They seem unremarkable at first glance, but they are full of problems upon closer scrutiny.
Where did the hundreds of billions of cashed-out money go? Through what channels was so much money transferred? It is no problem to inflate business and raise valuations for financing, and to fool investors, but how did tens of billions of bank loans pass the review?
In short, this investigation report is aimed at putting Jia Yueting in jail.
"Clap."
The lighter flashed with sparks, Jiang Ge lowered the car window and exhaled smoke, and the sound of an old man riding a bicycle through the streets and alleys selling cakes floated in through the car window, breaking the solemnity.
"Could it be Xie Jingxing?" Hu Shuli frowned and guided the conversation.
Jiang Ge blinked and looked through the car window at the crushed yellow leaves on both sides of the alley.
"Let's assume it was him. You studied this email all night. How long do you think he has been eyeing LeTV?" Hu Shuli continued to ask.
"It can be as short as three months or as long as half a year. The content and data are detailed, the timeline runs through the entire process of LeEco's listing, and the conclusion is clear."
Jiang Ge finally responded, using his fingers to flick the deformed cigarette butt out of the car, and a few bits of cigarette ash fell on him in the wind: "It's like a post-investigation summary report. If he doesn't have solid evidence, he'll be the one in trouble."
"No, you are wrong. There is no risk even if he makes up stories." Hu Shuli retorted without hesitation.
Jiang Ge was stunned for a moment, his expression blank and full of disbelief, staring at her without disguising his suspicion.
Hu Shuli closed the computer on her knees and pointed to the coffee shop: "This shop is opened by my best friend. Her husband runs an iron mine in Tangshan. His net worth is about 20 to 30 billion yuan."
"She invested tens of millions in rent, renovation and labor to open this shop. It has never been open to the public for a single day, but she is busy almost every day. She is almost 50 years old and has won awards for learning how to make coffee. She is also very good at flower arrangement and wine tasting."
She put down her arms and looked at Jiang Ge calmly: "She often said that the husband has his own battlefield and the wife has her own battlefield. She never gets tired of enduring the cold stares and integrating into certain circles."
"All the wives you saw when you entered the courtyard just now are members of the circle. They always sit in the main seat at every gathering. One time, they mentioned Xie Jingxing and said, 'Hey, Xie Jingxing, the young man is quite polite. He often takes the initiative to send blessing text messages to my wife during festivals.'"
Hu Shuli imitated the tone vividly, and then changed the subject to tell a cold joke: "Do you think Xie Jingxing sent a message of Happy New Year or Happy Dragon Boat Festival?"
"..."
The black humor made Jiang Ge feel suffocated in the chest, as he remembered that he had done something similar.
After high school, I was walking home with a pretty female classmate I liked. Her big watery eyes were glued to the little gangster with dyed yellow hair. He stuck his neck out and made gestures, boasting that we were very familiar with each other, and he often took the initiative to say hello to me.
The fact is that the gangster has too many friends to recognize them all, so he calls everyone he sees "man".
"We have to verify the credibility of the investigation content ourselves. The depth, professionalism and rigor are our original intention." Hu Shuli pointed her finger at the laptop and went around in circles to state her purpose.
Talented people are often unruly. She couldn't force Jiang Ge to stop, analyze the pros and cons and say bluntly that your report will kill LeTV and Caixin Media at the same time, and Xie Jingxing won't even look at you.
Please delay. This email is not the full text, but only contains the three main points.
Regardless of whether the anonymous righteous citizen is Xie Jingxing or not, since the person behind the scenes wants to kill him, they will not expect to use a third-party media organization as a butcher knife.
"Today is already the 4th, and the stock market will open on the 8th. We only have four days at most to verify the facts."
Jiang Ge's lips moved in hesitation for a few times. There was a 99% chance that this email came from Xie Jingxing. Judging from Taihe Xiyou's frantic search for LeTV's short-selling assets,
When the stock market opens after the holiday, the short-selling report will inevitably shock the market, and then cooperate with the short-selling operation in the stock market to carry out a bloody massacre. At that time, it will be meaningless for him to release the email.
No, it’s Caixin. He does it for the good of the company.
As a serious professional financial media, if Hu can personally expose the largest financial fraud case of listed companies in the history of the national financial market, she can definitely be crowned the title of Queen of Financial News without any dispute.
He gained a little bit of fame by the way...
"Mr. Hu, if it doesn't work out, we can set up a separate Weibo account to publish the report. After confirming that there is no problem, the company will come forward to claim it." Jiang Ge's heart beat faster and his eyes were bloodshot.
Hu Shuli sighed and patiently persuaded: "Jiang Ge, this kind of thing is not something we can get involved in." "Mr. Hu! This will be the largest financial fraud case of a listed company in the history of China. How many times can we journalists have such an opportunity in our lifetime?!" Jiang Ge's face was distorted.
Veins bulged in Hu Shuli's temples: "Just count on your fingers. The number of words in your sentence will be the number of people who will be put on the dock in court."
"So according to what you said, Xie Jingxing attended his schoolmate's wedding with a frivolous smile, and at the same time, he took advantage of them all." Jiang Ge turned the tables.
Xie Jingxing is polite, do you have any? Hu Shuli was so angry that she wanted to blurt out the words, but she forced herself to hold them back.
After a full ten seconds of silence, he made a decision: "Extract the parts of the email that can be verified, combine them with the exclusive information you have, and write a special report."
"When will it be sent?" Jiang Ge climbed up the pole.
"Before the 8th, I'll ask a retired senior leader to co-write with you."
"No problem, Mr. Hu. I have already made an appointment with a programmer from LeTV's core working group on my way back. He can confirm the inflated revenue data."
Jiang Ge's expression instantly changed to one of delight. The news pages had to be reviewed in advance, and there was no doubt that he would not be able to publish it if he used his own name on it.
The car door slammed shut, and Hu Shuli looked at the figure who jumped out of the car and almost jogged away in joy. Due to her decades of work experience, four words instinctively emerged in her mind - this is the trend of the times.
Xie Jingxing only did one thing from beginning to end, which was to tear off LeTV's skin, revealing its flesh and bones.
After just a few days of fermentation, when everyone was able to profit from participating in sharing LeTV, the differences naturally disappeared, and Jia Yueting's defeat was what everyone expected.
…………
One day, two days, three days, time passed quickly.
On October 10, the last day of the holiday, Jiang Ge hurried out of the Beijing airport.
He went to Shanghai again yesterday and basically confirmed two things. First, the anonymous righteous citizen not only sent emails to Caixin Media, but several leading financial media including China Business Network should have received them.
But no one dared to publish the report first. Everyone had a tacit understanding to integrate some of the information in the email and write a special report avoiding the important issues.
Once those with medical insurance and who are not afraid of death come forward to withstand the pressure, the brothers will immediately join forces and attack together.
Secondly, although they did not have the courage to publish reports first, they still had the courage to spread some unfounded rumors. The news of LeTV's fraudulent financing had already spread among LeTV's suppliers in a small circle.
This caused panic among suppliers, who rushed to banks to withdraw the financial bills paid by LeTV. A large part of these financial bills were credit lines granted by banks to LeTV.
The suppliers' run on bank account reflected that the banks had raised their risk assessment on LeTV and tightened their credit lines. LeTV could not pay and the suppliers became even more panicked and ran on bank account.
This formed a chain reaction, and the capital chain broke almost in an instant.
The bank run is a fable, brought to life by the originator of the fable.
The holiday helped LeTV to stay alive. Tomorrow, a working day, suppliers will drain all the blood of LeTV.
"I'll go to the company right away to check the layout of the manuscript. There are two pieces of data that need to be changed."
Jiang Ge was talking very quickly on the phone. He opened the car door with his free hand and made eye contact with a greasy-faced, fat man in the car.
The two looked at each other, and he took two steps back and glanced at the license plate number: "Sorry."
Jiang Ge pointed to a BMW 7 Series of the same model behind him, indicating that he had recognized the wrong car. He had traveled too much in the past two days, and calling a premium online car-hailing car made the poor man feel a little confused when he suddenly became rich.
"Hamabi."
Zeng Qiang slammed the car door again with his eyes squinting, his mouth twisted and swearing, and clenched his fists and cursed: "Go, go, go, I won't wait any longer!"
"Mr. Zeng, the expert we invited is very experienced in the industry. His flight will arrive soon. Should we wait a little longer?" the assistant reminded cautiously.
"I'm not waiting for anything. Let him get a taxi by himself!"
Zeng Qiang sneered and said excitedly: "Let's talk to Jia Yueting first."
When Xie Jingxing failed to force the financial fraud, he used bank loans to make a fuss, his tricks were cruel and vicious and went straight to the vital point.
Not willing to be outdone, Jia Yueting has already received a cash loan of US$6 million from a group including several old classmates of Heilan Group, Zhou Jianping. An announcement will be issued when the market opens tomorrow to try to withstand the run on suppliers.
One of them is like a mad dog and refuses to give up, while the other one seems to be on the verge of collapse, but is lucky enough to have found a solution from some corner.
This business is really getting more and more evil. Zeng Qiang judged that Xie Jingxing must have something in his hands, after all, he used real money to short sell.
But there shouldn't be too many things, otherwise Zhou Jianping, Sun Hongbin and others, like him, would not be able to see that LeTV had big problems, and so many people would not be fooled by Boss Jia.
There are risks, and the winner may lie in Xingen, so Zeng Qiang wants to take a big bite this time. He asked the executives of Changhong TV to help as advisers and target LeTV's TV business shares.
Let’s sign the letter of intent today. If Xie Jingxing can’t come up with any explosive information tomorrow, he can just hug Lao Jia. This kid is really nice.
"I was watching the mountain scenery from the tower, and heard a commotion outside the city. The flags were waving in the air, and it turned out to be the soldiers sent by Sima~"
Zeng Qiang shook his head and hummed a little tune, comparing himself to Zhuge Kongming. It is not enough for young people to just act recklessly. After working hard for a long time, what else can they do except make Jia Yueting drool all over himself.
The future belongs to the young, but now it belongs to the old hunters like them. Xiao Xie should just go home and suck his milk and come out to take over in a few years. (End of this chapter)