Chapter: 2336

"Let's do it right away! We can hold a news conference to announce the latest decisions of the board of directors. This way, our investors and shareholders will feel reassured, don't you think?"

Since everyone had already voted to elect Song Tianming as the new chairman, attending a press conference like this wouldn't raise any objections.

So, everyone agreed readily.

Song Tianming said with a smile: "Ah! We're able to reach a consensus so quickly, which is great news for Song's Group. I believe that after the announcement, our stock price will definitely surge!"

After saying that, he deliberately put on a serious face and said: "However, everyone must remember, absolutely do not make any small moves in the stock market during these few minutes before the press conference. If anyone is suspected of insider trading, the regulatory authorities will come knocking on your door, and I won't spare them!"

Song Tianming's magnanimous attitude left all shareholders with a sense of reverence.

The stock market changes in an instant; whoever can grasp inside information can make a fortune.

So, the most difficult thing to eliminate is insider trading.

For example, if a listed company wants to collaborate deeply with another larger multinational company, once this news is announced, the stock price of that listed company will undoubtedly surge without a doubt.

To ordinary citizens, they don't know what's going on inside the company, so they can't catch insider trading opportunities.

However, for the high-level executives of this listed company, they would definitely know about this insider information during deep cooperation negotiations.

If they intentionally buy a large amount of their own company's stock when the price hasn't risen yet, and then sell it at a high price after the news is announced and the stock price has surged, they can earn a significant amount of cash.

Although such methods may seem extremely easy to make money, they have already clearly violated the regulations of the Securities Commission and constitute standard insider trading. If detected, not only will illegal gains be confiscated, but also hefty fines will be imposed, and in severe cases, legal responsibility will be assumed, including the possibility of imprisonment.

However, many people are still willing to take risks in front of a huge profit.

A listed group company can it suppress this kind of internal wrongdoing? This is the key to whether the company can move further.

Song Tianming came forward and clearly told everyone that they cannot engage in any insider trading, setting out a very clear attitude and absolutely refusing to allow anyone to operate irregularly within Song's Group, allowing everyone to make money properly.

He said this, which increased his authority in front of others to some extent.

At the same time, the news reporting hall of Song's Group was already filled with invited media representatives from various fields.

Everyone is very concerned about the recent situation at Song's Group, especially after learning that Song's Group Chairman Song Wan Ting has gone missing in Japan. All people are paying close attention to the search progress for her and the subsequent response plan of Song's Group.

The press's keen sense all became very sensitive, so they have already guessed that today's invitation to attend a press conference by Song's Group means there is a high probability that they will announce the new board chairman candidate at the press conference.

In reality, there's no company that can last long without a leader, especially for listed companies like Song's Group.

Although the press conference has not started yet, media personnel have already begun speculating.

At this moment, a local TV reporter and a provincial TV reporter were exchanging whispers in private. She turned to her colleague next to her and said, "Song Wan Ting, the patriarch of Song's family, is reportedly suffering from old-age dementia after being stimulated. It's likely that only his eldest son Song Tianming can take charge now, so I predict that this time Song's Group will probably choose him as the new board chairman."

Her colleague opened his mouth and said, "It could also be possible that it's Song Ronghui, the grandson of Song Wan Ting? After all, Song Ronghui is still young, and Song Wan Ting has already passed on the baton to the younger generation. Now that we look at it, it's possible that Song's Group might choose a young person to succeed."

A local reporter opened his mouth and said, "If that's the case, today's announcement of the new board chairman could also be Song Tianming's son, Song Ronghui." JrNovels.com