In the midst of his office, Lu Ming, engrossed in perusing research report data, was interrupted by a knock at the door. The assistant secretary, An Yirou, announced the arrival of visitors from the Ningzhou Municipal Social Security Fund Administration, accompanied by representatives from various banks and securities companies. Appreciating the gravity of the situation, Lu Ming acknowledged the need for his attention and made his way to meet the delegation.
Upon reaching the reception room, where business discussions were set to unfold, Lu Ming found himself face to face with leaders from various business units. The initial pleasantries were expected, filled with complimentary remarks and mutual admiration for Lu Ming's unprecedented rise to becoming the youngest figure on the national rich list.
The head of a banking institution took the lead in extolling Lu Ming's achievements, marveling at his ascent to becoming the richest man in Ningzhou at the age of 24 and securing the third position on the national rich list. Lu Ming, despite being detached from the social circles lately, had become a focal point due to both his portrayal as the male lead in the "Antian War" and the soaring stock prices of Anshi Group. His wealth had escalated to a point where he now stood as the third richest person in the country.
His fortune, seemingly amassed at an unfathomable pace, invited comparisons to other tycoons whose wealth often represented the culmination of efforts spanning multiple generations. Lu Ming's trajectory stood in stark contrast as he skyrocketed from relative obscurity to a position of immense wealth within a year. His success became a legend in the making, albeit one tinged with caution about the speculative nature of paper wealth and the potential repercussions of market fluctuations.
However, Lu Ming's gaze extended beyond the present as he contemplated the impending collaboration with the Ningzhou Social Security Fund and other financial institutions. His thoughts turned to the potential impact on Tiansheng Capital's liquidity and the intricate dance of financial strategies that lay ahead.
As the discourse evolved, the head of the brokerage firm inquired about Lu Ming's outlook on the future of Anshi Group's stock. It was an inquiry loaded with significance, coming from a representative of the financial sector. Lu Ming responded with measured optimism, exuding confidence in Anshi Group's fundamentals and predicting a steady increase in stock prices.
His forecast included projections of Anshi's stock reaching 105 yuan within the next two years and approaching 200 yuan in the subsequent five years. This optimistic perspective sparked amazement and admiration from the attendees, particularly when considering the current stock price hovering around 59 yuan.
Lu Ming accentuated the stability and growth potential of Anshi Group, articulating his commitment to holding onto the company's shares for over 30 years. His strategic vision extended beyond the immediate market dynamics, emphasizing the long-term dividends and stability offered by investing in such a company.
The securities company executive, struck by the audacity of Lu Ming's projections, sought clarification, "That means, by early 2018, Anshi Group's market value will be 1.6 trillion? Can it reach 3 trillion by 2020?" Lu Ming, unfazed, affirmed the potential for Anshi Group's market value to grow substantially, projecting a remarkable increase after the restoration of rights.
In a display of confidence, Lu Ming confidently stated that a good company like Anshi Group deserved a higher valuation premium. His projections, while acknowledging the speculative nature of long-term predictions, conveyed an unwavering belief in the company's sustained growth and profitability.
The discussion transitioned seamlessly to the main purpose of the visit, as Director Shen from the Ningzhou Social Security Fund Administration articulated their intent. He expressed discomfort with the Social Security Fund's position in holding Anshi Group shares, given the recent market dynamics. The delegation sought a cooperative agreement with Tiansheng Capital, proposing the Social Security Fund's takeover of Anshi Group shares.
Lu Ming, viewing this as a strategic move beneficial for both parties, welcomed the proposal. The envisaged collaboration promised to free up substantial liquid cash for Tiansheng Capital, allowing for more agile financial maneuvers in the dynamic market. Lu Ming's agreement signified a harmonious alliance, setting the stage for financial strategies that could potentially unlock higher absolute profits in the foreseeable future.
As the chapter drew to a close, Lu Ming's contemplation of future layouts and strategies hinted at a calculated approach to navigating the complexities of the capital market. The collaborative efforts between Tiansheng Capital and the Ningzhou Social Security Fund laid the foundation for a symbiotic financial relationship, poised to shape the dynamics of Anshi Group's stock and influence the trajectory of financial endeavors.
(End of this chapter)