My autobiography is definitely not a tragedy!

Chapter 581: Price Gouging


Tang Yijing has truly been in a streak of bad luck lately.

First, the task given by Gao Sheng Group was to invest billions to acquire Baiyeji, but with just a few words, Gao Yuan turned himself from an investor to a creditor.

In hindsight, that loan has indirectly accelerated the expansion of Gao Yuan Group's business scope, making their acquisition intent increasingly distant.

Alright, that can be tolerated. I thought I could complete the oil tanker acquisition task along the way to earn some margin.

It turned out that they were also intermediaries...

Some intel from nowhere, and the sale price was almost pushing my client's bottom line, earning a hefty sum while myself was busy all day, essentially working for free!

What was even more painful was, it's said that Gao Yuan habitually went all in using the money from selling ships.

During the cyclical downturn of the shipbuilding industry, he directly threw out a 20 billion super shipbuilding order using financial leverage, causing quite a stir in the domestic shipbuilding industry.

Yet, just when everyone thought Gao Yuan was crazy, most ordinary people hadn't noticed that the recent market was quietly changing...

Almost right after Gao Yuan sold those few oil tankers, there was a sudden change in the international market; recent ship prices are strengthening day by day, showing faint signs of a bounce-back.

Given the ship price warming trend he currently possesses, it's likely that Gao Yuan's gamble will be another foolproof lucrative deal...

He doesn't know how Gao Yuan predicts the market so accurately every time he can bottom out.

But the current situation is...

Their hope to acquire the opponent through normal commercial means is increasingly unlikely.

So much so that Tang Yijing made a foolish move, which was to "drive the tiger to swallow the wolf"!

By exploiting malicious competition from external rivals, he aimed to interrupt Gao Yuan Group's unrestrained expansion at the critical funding limits, thus delivering a fatal blow through undercut tactics!

At that time, taking advantage of the chaos even leading to debt restructuring—now that would open up a huge operational space, wouldn't it?

The theory was fine, and the strategy too.

The problem was, he happened to choose the pig teammate Xu Jingsong...

He thought Xu Jingsong was a prominent local force in Su City; even a broken ship has three pounds of nails, who knew he turned out to be completely ineffective pretentious fake goods.

Acquisitions, subversion, intelligence wars, psychological battles...

Gao Yuan's set of moves, coupled with internal and external pressure, led to Xu Jingsong collapsing from his seemingly strong position, betrayed and isolated.

One second a prominent entrepreneur commanding storms, the next, entangled in lawsuits and imprisoned...

Indeed, he wouldn't make a move otherwise, and when he does, it's a deadly strike!

What was thought to be an epic battle, an enduring fierce business war, who would have thought it would be over before everyone even reacted!

Not only were all those waiting for a spectacle dumbfounded, even Tang Yijing was shocked.

Unlike passive spectators, Gao Sheng was really in with real money!

During this time, to support the Xu Group in challenging Gao Yuan, they gave Xu Jingsong everything he needed, from manpower to money.

Take Xu's Automobile's initial investment of tens of billions for example, it had a long roster of publicly listed investors, but in reality, over half of it was indirectly funded by Gao Sheng through various cover identities...

Meanining, after penetrating through the shareholder structure, Gao Sheng was actually the second-largest controlling shareholder behind Xu's Automobile!

The plan was to leverage the Xu Group's transition into car manufacturing as a selling point, utilizing their age-old concept disguise listing strategy for harvesting investors.

This way even if they suffered some financial loss due to a price war with Idol New Energy, they could still make up the loss through equity trading.

Not saying they'd make a massive profit, but at least this investment wouldn't end up in the red.

Who would have thought that Xu Jingsong, who seemed stronger by comparison, would collapse so easily?

Xu's Automobile barely got started when the spearhead was directly taken out...

Leaderless, even though Xu's Automobile didn't immediately fall apart, it was plagued by anxiety.

A portion of their funds was even siphoned off by Xu Group to fill the hole at Big Bull Ventures.

Furthermore, with Idol New Energy's seemingly epochal technical advantages, the newly formed Xu Group's board began to question the future profitability of the automotive sector.

There's even a fair number who wants to terminate this high-risk investment.

The chaos in management and the division in decision-making has led to Xu's Automobile's various operations nearly stalling.

In this situation, even high-interest loans would avoid them!

It's not just the doomed-to-loss Xu's Automobile; even in the final equity battle within Xu Group, to help Xu Jingsong resist Gao Yuan's hostile takeover, they somehow furthered their support through a substantial amount of emergency funding.

Though back then, stringent loan agreements were signed...

Now he's inside, who can you turn to for repayment?

Even if repayment were possible, those funds would certainly have to take a big cut.

This time, in the strategy of supporting the Xu Group, Gao Sheng can be described as stealing chickens only to lose the rice, suffering huge losses!

Although all the above strategic decisions weren't solely made by Tang Yijing, as the proposer and executor, his career advancement record would undoubtedly get a big negative rating!

He expected to be severely reprimanded and perhaps demoted or sent back home, yet surprisingly this time the headquarters handled him with favoritism.

His position didn't change, and he continued overseeing the acquisition and intelligence gathering for Baiyeji.

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