Su Xiaoman spent an unusually long time in the CEO's office. After returning to her general manager's office, she wiped her mouth with a tissue, resumed her professional demeanor, and started her work as usual.
In the CEO's office, Lu Ming, who had earlier appeared in a sage-like state, had now returned to a normal state, focused on his work. The landline phone rang, and Li Mingyang informed him about the upcoming bidding call in five minutes. Lu Ming, feeling a bit tired, decided to skip the morning session. He instructed Li Mingyang to manage the fund positions and add subscriptions proportionally.
About half an hour later, Lu Ming sighed, realizing the comfort of buying at a good price. He noted that winning while lying down was a pleasant experience.
Interrupting his musings, he got up and opened windows to let in fresh air. Soon, he received a call on the landline, and Li Mingyang informed him about the bidding. Lu Ming, reflecting on his earlier sentiment, felt that buying at favorable prices was indeed a delightful experience.
Meanwhile, Su Xiaoman stayed in the CEO's office for an extended period, prompting speculation among the staff. Upon returning to her office, she continued her work without addressing the rumors.
After some time, Lu Ming called An Yirou to his office, asking for her phone. He used her phone to discreetly capture images of confidential information from his computer screen. When An Yirou inquired about his actions, Lu Ming explained the need for caution given her family's suspicions. She jokingly remarked on her father being an "old fox," and Lu Ming teased her for being a mischievous troublemaker.
Lu Ming then transferred the images to An Jinhong, making him believe An Yirou was successfully undercover. Later, An Yirou returned to her work, and Lu Ming checked the market's performance. Anshi's stock price experienced a surge due to Tiansheng Capital's strategic moves, disrupting Anshi Group's repurchase plans.
The market session concluded with Anshi Group's stock reaching the daily limit, and Tiansheng Capital secured a 10% stake, becoming the second-largest shareholder in Anshi Group. The situation unfolded according to Lu Ming's orchestrated plan.
"If we rely on this data, Tiansheng Capital's average position cost needs to be raised to over 16.22 yuan. If the stock price drops below 13 yuan, their position will be liquidated."
In the president's office at Anshi Group headquarters, An Qilong, a middle-aged man with glasses and the company's lawyer, discussed the strategy devised from the confidential information obtained through An Yirou's actions. The lawyer cautiously added, "Chairman, the reliability of this data is crucial for the success of our plan."
An Jinhong assured them confidently, "The data is from Tiansheng's senior management; it's absolutely reliable."
The lawyer, while not entirely convinced, chose not to argue further, making it clear that the legal department shouldn't bear the blame if things go awry.
Anshi Group was formulating a risky plan to deal with Tiansheng Capital. By manipulating stock prices, they aimed to raise Tiansheng Capital's average position cost, forcing them to liquidate their positions. This would enable Anshi Group to take over Tiansheng Capital's equity at a lower price, preventing a hostile takeover and deterring other hostile actors.
However, this plan carried significant risks. If Tiansheng Capital resisted or if there were unforeseen changes, the situation could turn against Anshi Group. The lawyer suggested an alternative approach, recommending a "poison pill plan" involving diluting Tiansheng Capital's equity through a private placement of new shares.
The lawyer emphasized the potential risks and suggested that this could be a safer way to defend against a hostile takeover. An Qilong expressed concern about the need for shareholder approval for such a plan, and the potential opposition from investors, particularly smaller shareholders siding with Tiansheng Capital.
An Qilong reluctantly decided to take the riskier path of increasing Anshi's share price by raising his own holdings. Anshi Group had previously repurchased shares to consolidate shareholdings, but Tiansheng Capital's actions disrupted their plans. An Qilong considered using his own funds to raise Anshi's shares above 20 yuan.
It was a gamble, as the extraordinary general meeting of shareholders needed to approve any fixed increase plan. If major shareholders holding over 20% of the shares voted against it, the plan wouldn't pass. An Qilong knew that this move could face opposition from other investors.
Anshi Group had recognized the need to concentrate shareholdings, and the management had been repurchasing shares for that purpose. However, until the Tiansheng Capital issue was resolved, the repurchase plan would remain on hold.
The decision to raise Anshi's shares and face the risks was seen as the only viable option to secure the largest shareholder position, as Tiansheng Capital loomed in the background with the potential to raise their placard to 15%. The An family had to act decisively to maintain control and resist any change in shareholding.