Chapter Five: Buying Upstream with Orders

Ma eventually signed both the asset return and a long-term proxy over forty-nine percent. Together with management’s five-percent voting compact, the fund controlled fifty-four percent. [Critical-material supply chain control obtained.] [Mandatory Transaction complete.] [Synergy Valuation: Guoliang Precision, ¥120,000,000; Dongrui Materials, ¥48,000,000.] Shen had used ¥5.1 million of customer capital to control an upstream-downstream network worth ¥168 million. But Guoliang’s collateral deadline had arrived. At the bank’s Linhai risk committee, Gu attended as an outside adviser. He urged the bank to freeze Guoliang’s account and warn every customer.