I Inherited 5,000 Years of Family Property

Indeed, most of the shareholders were itching with hatred, but they were helpless, for Zhang Menglong was the largest shareholder, holding the power to finalize any decision. As long as he was unwilling to accept the conditions represented by the Westerners, no one could force him.

"Since it's like this, then we can only give up on cooperation!" Infelite slammed the table and stood up. If the company entered a state of loss, those shares in his possession would become a hot potato, "I demand the company buy back my shares at market price!"

All the shareholders looked at each other, considering the difficulty of convincing these capitalist owners from America to sell their shares. Before the company ran into trouble, Silicon Moonlight's profitability was strong, and Infelite tried every means to increase the percentage of shares under his name.

But now, who would want to take them over? If the company truly went bankrupt, their shares would turn into trash, unconvertible into cash. Even if one holds a high percentage of shares, what use would that be?

"We want to sell, too!" Several other shareholders from European and American countries also stood up one after another, because they simply could not think of any method for Silicon Moonlight to make a comeback.

"Oh?" Zhang Menglong raised an eyebrow, "Anyone else wants to sell?"

"Hmph! A clueless youngster!" The shareholder named Gao Feng stood as well, along with several other Huaxia shareholders who shared his stance.

Zhang Menglong scanned the conference room; besides himself and Xu Songhai, only three shareholders remained seated.

"Mr. Zhang, these four shareholders were among the earliest to conquer the business world with the former chairman. They have strong feelings for the company and would probably stick with it until the end, even if it goes bankrupt," Xu Huan whispered to Zhang Menglong.

"They will feel wise about their choice today in the future," Zhang Menglong said with a smile.

"All right, so now everyone wants to sell their shares?" Zhang Menglong asked.

None of the standing shareholders wanted to speak, all implicitly consenting.

"Very well," Zhang Menglong nodded, "you ask around, who's willing to take over?"

When asked this question, the shareholders were all taken aback.

Indeed, who would be willing to take over? The remaining four veteran shareholders managing to hold on was already impressive. Who would want to increase their risk? Read new adventures at My Virtual Library Empire

This morning, not even an hour after the stock market opened, Silicon Moonlight's shares had once again hit the limit down. In just two days, the company's assets had shrunk by 20%!

Although the country had already started to advocate for independent research and development, it was a lengthy process. In the short term, the situation was definitely not going to take a turn for the better. The country could persist for three to five years, but could their businesses do the same?

Considering the current situation, it was very likely that these shares could end up rotting in their hands!

"However, I can buy this portion of shares from you!" Zhang Menglong said.

"You will?" They looked at Zhang Menglong in disbelief.

But before they could get over their surprise, Zhang Menglong swiftly added, "However, I'll purchase them at a maximum of 50% of the current market value!"

"You're taking advantage of the situation!" The shareholders glared at Zhang Menglong with anger.

"You can choose not to sell. I don't mind!" Zhang Menglong spread his hands, "Wait a few more weeks, and I might even find 30% too much. Don't believe me? Just try and see!"

Zhang Menglong truly didn't care. If he wanted, he could freely manipulate the company's stock price through capital operations, causing consecutive limit downs for a few days, cutting the market value by half as if it were child's play.

Those shares were still firmly in Zhang Menglong's hands. As soon as his project launched, the company could make a comeback at any moment, enabling him to easily buy back the shares from the market at a low cost. Why wouldn't he do it?

Zhang Menglong could be patient, but those shareholders might not be able to. After two consecutive days of limit downs, they were all panicked.

"Why does he want shares of a company that's nearly unable to sustain itself? Is there something we don't know about?" a few quick-witted individuals began to grow suspicious.

"Are you wondering why I'm willing to spend money to buy shares of a company that's about to go under?" Zhang Menglong said with a smile.

"The reason is very simple. I don't want to watch my own country's businesses go bankrupt. I'm spending money on this company, and in three to five years, when we have the ability to produce Crystal Chips independently, we can talk then!"

"Don't ask me why. I have money, and I'm capricious!"

"Is he an idiot?" After hearing Zhang Menglong's words, those people all had looks of disbelief on their faces. This was more than just having money and being capricious; it was as if his brain had been kicked by a donkey!

In three to five years' time, they'd just be catching up with the current level of technology in developed countries. During that time, do you think those developed countries will just stand still?@@novelbin@@

Huaxia's technology reaching the world's advanced level in five years is an underestimate. And how much capital does research and development need? They are already in debt, and they still want to pour money into the project? Unless the country gives them money!

But Silicon Moonlight isn't a state-owned enterprise, so this money definitely has to come from the shareholders. Having us Western capitalists invest money into Huaxia's business for R&D? That's absolutely impossible!"

Even if it starts to profit later, how many years would that be? True, investment does require considering the return period. They can wait for two or three years, but what about ten or eight years? Who can wait that long?

"I'll sell at 60% of the price right now!" Infelite, after holding back for a while, finally said these words through gritted teeth. If this money could be liquidated, and if invested properly, it might be possible to earn back the lost amount within a year.

"Xiao Ya, sign the agreement!" Zhang Menglong said with a smile. Xiao Ya was the assistant by Liu Qian's side. Before coming here, all the stock transfer agreements had already been prepared.

"Well, it seems you came prepared!" Infelite realized that this young man, although young, was not as naive as they thought.

As soon as Infelite signed the stock transfer agreement, Zhang Menglong immediately transferred the money to the bank account he had provided.

"This fast?" Infelite was surprised.

"Mr. Infelite, I wish you well but I will not see you out!" Zhang Menglong completely disregarded his presence.

"Huaxia people, you wait! This matter will not end like this!"

"Okay then, turn right when you exit, mind the door, thank you!" Zhang Menglong then ignored Infelite, "What about the rest of you?"

"We'll sell!" With a major shareholder like Infelite leaving, what other choice did they have?

If they didn't divest now, there would only be two outcomes: the first one, Zhang Menglong's research and development plan fails, and the company goes bankrupt, resulting in a total loss for them.

The second one, Zhang Menglong invests money into Scientific Research, diluting their shareholding ratio. Even if the company does make a miraculous recovery later, their shares will likely be diluted to mere dregs. Moreover, it would be a very lengthy process, and it's questionable whether they would live to see that day.

No matter how you looked at it, it was still better to take this money and look for new opportunities elsewhere.

Although it looked like they had lost a lot, it must be understood that they were some of the original shareholders of the company. The dividends they had accrued from Silicon Moonlight's operations had already made them a tidy profit. They were just earning a bit less now.

Following Infelite's lead, those shareholders each signed their stock sale agreements, and Zhang Menglong's shareholding suddenly exceeded 80%.

"Director Zhang, this..." Seeing the former shareholders leave, Xu Songhai sighed deeply, "Are we really just going to wait now?"

"Wait?" Zhang Menglong laughed, "I was just fooling them! I was afraid they would be stubborn and not sell their shares to me. It looks like they have great confidence in the Western chip sanction strategy!"

Xu Songhai gave a wry smile. With the whole world's patents in their hands, as soon as they say they won't sell raw materials to Huaxia, who would dare to sell? It was just like Zhang Menglong's decision just now; no one could object, with no loopholes to exploit.

"Director Zhang!" Suddenly, Xu Huan's expression became somewhat ugly.

"What's wrong?" Zhang Menglong asked.

"The representatives from America are here again," Xu Huan said, "Today is their final deadline. We must give them an answer today, whether we agree to their conditions or reject them."

"Oh, don't worry about it," Zhang Menglong dismissed nonchalantly, "No need to invite them up. Just tell the reception to have them roll out!"