Headquarters of Anshi Group.
At 9:56, An Jinhong rushed into the president's office, exclaiming, "Father, the company just got a letter from Tiansheng Capital. They've completed the fourth round of placard raising, reaching 20%, and now they're the actual largest controlling shareholder of Anshi Group!"
An Qilong shot up from his chair, glaring at An Jinhong. "What did you say? They've raised the cards four times? Wasn't the news I heard about Tiansheng Capital's liquidation?"
An Jinhong bowed, "Father... Tiansheng Capital... I have no idea... I don't know where they got the tens of billions of funds."
An Qilong was momentarily stunned, his face turning uglier. As he grasped the problem, he slammed the table, teeth gritted. "We've been deceived! That data was fake!"
An Jinhong was taken aback, "This... this... could it be our little sister? How is that possible?"
An Qilong, gripping the desk, roared, "Now is not the time for investigations! Apply for an emergency temporary stop from the exchange for half an hour. Raise funds immediately, whatever the cost, and resume trading. Increase the holdings at all costs! What are you waiting for? The wolf is at the door; act swiftly! Take back the position of the largest shareholder for me!"
Tiansheng Capital aggressively raised its stake in Anshi Group to 20%, leaving Anshi Group's management in shock.
An Jinhong rushed out, and An Qilong immediately called Huijing Group's head for support, but received a cold response, adding to his distress.
Huijing Group was displeased, having just sold the 4.57% equity at floor price, and now they were being asked to reverse the deal?
Clearly, Huijing had sensed that Anshi Group had been countered by its opponents and overturned!
Failing to secure support from Huijing, An Qilong had to explore other means to salvage the situation.
The immediate priority was to quickly increase the An family's shareholding, regardless of the cost.
Shares repurchased with the company's money lacked voting rights, making every repurchased share equivalent to an increase in voting rights for all shareholders—most beneficial for major shareholders. Currently, Tiansheng Capital had become the actual largest shareholder of Anshi Group.
However, the real danger lay in Tiansheng Capital potentially becoming the controlling shareholder by raising the placard to 30% for the sixth time. At that point, Lu Ming could demand an extraordinary shareholders meeting to reorganize the Anshi Group's board, replacing current directors and effectively changing the company's ownership.
Meanwhile, the capital market was in turmoil.
At 10:02 a.m., Anshi Group's shares were temporarily suspended for half an hour and resumed trading at 10:32.
Tiansheng Capital's announcement of reaching 20% for Anshi Group went viral. On Tonghuashun, a stock app with millions of users, Anshi Group's stock popularity skyrocketed to the top, with thousands of comments flooding in. Taoba and Xueqiu also witnessed high activity.
"Unbelievable, this manipulation is beyond comprehension!"
"Trading resumes at 10:30, and Anshi Group is in for a rollercoaster ride."
"Now, it's time to calculate the market. We hit the lower limit, and today, we're aiming for the upper limit!"
"Riding this wave is exhilarating. Risked my morning investment for a handsome profit. Ready to enjoy the fruits of success!"
"One brother, always a legend, no explanations needed!"
"One Brother Juebi, the most remarkable from our Taoba. Unparalleled so far and forever a legend!"
"Who would've thought, half a year ago, a person with just 100,000 yuan would become the central figure in the highly anticipated 'Antian War' in the entire capital market? Stirring the entire market."
"Kudos to the bulls. Risking it all to swallow a giant of over 500 billion is no small feat."
"Can one person achieve this unprecedented feat?"
"It's hard to say; this situation is unpredictable. I won't dare to make a rash judgment. Observing the recent stock price trend of Anshi Group and the fierce battle between bulls and bears this morning reveals the intensity of the fight. Though brief, billions, even tens of billions, clashed within minutes!"
"I experienced it this morning. It was intense. Didn't even blink, and millions of shares were devoured."
"Haha, attacking the elderly from behind is not cool!"
"Word is, if they raise the cards to 30%, they can control the giant group, needing just two more rounds of placard raising."
"Can the An family sit idly by? Predicting the future will be even more thrilling. The battle for ownership of a giant with a total asset of 550 billion will undoubtedly lead to an all-out war with both sides using every means, even unscrupulous ones!"
"I'll grab a seat, buy some melon seeds, and enjoy the show steadily."
"Suddenly, I feel the film and TV dramas I usually watch are weak in comparison. Black state bigwigs fighting over millions, tens of millions, while today's Anshi Group drama is for 100 million US dollars, 600 to 700 million RMB. Place it in Anshi Group's situation, and it vanishes in seconds."
"Reality is more exciting than artistic imagination. Contests over tens of billions are unfolding, surpassing various film and TV dramas."
"I declare the first brother as my future faith in Taoba. Approve or oppose?"
"I'm back... one hand signifies approval!"
Minutes and seconds ticked away, and the half-hour hiatus proved ample time for this explosive news to rapidly circulate and ferment.
At 10:30, only 2 minutes remained before trading resumed, and at this moment, the market's undivided attention centered around Anshi Group's stock.
As the clock struck 10:31:59, the bidding resumed with continuous fervor. The time-sharing line displayed a remarkable surge of -8.63% underwater, revealing a staggering seven or eight million transactions per second.
Everyone was scrambling to secure funds!
By 10:32:26, Anshi's shares surged to 15.72 yuan, marking a +10.03% increase to the daily limit. In just 26 seconds post-resumption, a turnover exceeding 12.9 billion rattled the senses of countless onlookers.
Even more astonishing was the sheer naivety of those relinquishing their shares. Were they not following the news? Was there anyone left willing to sell?
The turnover rate resembled that of demon stocks or new stocks rather than a blue-chip boasting 100-billion-level power—it was an unprecedented spectacle.
The buy orders on the board stacked up ruthlessly, akin to stacking volumes of deadly books, totaling over 5 million orders in minutes, nearly reaching 8 billion in buying orders.
With a transaction volume of 12.9 billion, the influx of funds was nothing short of divine intervention in the market. The An family never fathomed they would one day be competing for money with these players in the secondary market. Still, they had no choice—they had to seize the opportunity and couldn't afford to be selective.
In those 26 seconds, the An family expended nearly 5 billion yuan, acquiring 320 million shares and elevating the family's shareholding ratio to 18%.
This was genuine money in action. The most vexing part was that equity concentration could be achieved without actually spending money—thanks to the company's 20-billion repurchase plan. Consequently, Tiansheng Capital was blindsided midway.
Throughout this operation, the An family's financial outlay surpassed 60 to 70 billion yuan in actual cash, leaving little room for spare change.
With Anshi's shares hitting the daily limit, the orders on the board gradually dwindled by more than half. This prompted some retail investors to part with their holdings, anticipating the board to reopen later.
However, the situation wasn't that the funds lined up on the board were pessimistic; it was just that things were incredibly optimistic. The intelligent hot money redirected itself to speculate on the "placard concept."
Twenty minutes after the closure of Anshi Group's stock, the entire "placard raising" concept sector uniformly rose. The emotions stirred by Anshi Group radiated to the entire "placard raising concept," orchestrating a textbook-like "daily limit drive" fueled by emotional influence.
Short-term funds, hot money, and other market participants arrived a step too late to partake in the Anshi Group's gains. Instead, they shifted focus to speculate on other concept stocks. The "Concept" section soared, a mesmerizing dance of demons, with gods displaying their magical prowess.
This development successfully propelled the "placard concept" into the limelight, transforming it into the market's hot topic and primary focus for the day.