Chapter 80

On Wednesday, August 19th, Anshi shares opened lower in tandem with the broader market. The official opening of continuous bidding at 9:30 saw a sell order of over 2 billion, causing Anshi's shares to plunge to -7 points, prompting panic selling among investors. However, the stock price rebounded within five minutes, surging with significant trading volume, turning positive and continuing to rise.

Evidently, a potent force was orchestrating market maneuvers, deploying a large order of over 2 billion to unsettle panic sellers, acquire chips, and drive the stock price upward until it hit the daily limit of six consecutive boards at 11:12. Anshi's shares reached 25.31 yuan, a mere 0.11 yuan away from breaking the previous high. The total market value of Anshi Group once again touched the 400 billion integer mark, standing at 400 billion plus 2 million.

In just six trading days, Anshi Group's market value experienced a 200 billion yuan evaporation and, astonishingly, a subsequent ascent by 200 billion yuan. Observers speculated that Tiansheng Capital was aggressively sweeping the secondary market behind Anshi's stock surge. The An family shared the same suspicion, questioning how Tiansheng Capital could still have funds to raise Anshi Group's placard to 25% for the fifth time.

In desperation, the An family sought support from Huijing Group, offering to sell the Anshi Group's 67.5 billion cultural tourism business to Huijing. Huijing promptly raised its stake in Anshi to 10%, becoming the third-largest shareholder. Although a strategic move, this endeavor faced challenges, as any significant decision required majority approval.

Tiansheng Capital, holding the largest stake, could veto any major move, thereby controlling the company. Even if Anshi Group contemplated selling its business to Huijing, Lu Ming could call for an extraordinary general meeting and a board reorganization. In the worst-case scenario, Tiansheng Capital could secure four director seats, exercising a de facto veto power.

The Anshi Group's senior management found themselves in a critical juncture, effectively losing control of the company. Lu Ming held the key to their decision-making, capable of disrupting any major move by Anshi Group.

On Thursday, August 20, An Jinhong, head of the An family, expressed frustration during a brief interview, criticizing Lu Ming for causing internal strife and harm to the company, shareholders, and society. Anshi Group emphasized its positive societal contributions, highlighting charitable donations and job creation, attempting to position itself as a responsible entity.

The evolving situation was becoming increasingly unfavorable for Anshi Group, prompting moral appeals as they faced a critical moment with limited options.

The "Antian War" continues to capture attention both in industry media and the market. An Jinhong's public remarks have fueled controversy, with some supporting Lu Ming for revealing corporate vulnerabilities and promoting better governance, while others condemn Tiansheng Capital's aggressive tactics.

A growing concern is the joint shareholding of the An family, Huijing Group, and related parties, holding about 20% of Anshi Group's shares, effectively dominating the board. The industry contemplates whether Tiansheng Capital can achieve a similar dominance and control over the board, considering its increasing shareholding.

Despite Anshi Group's resistance, the consensus is that Tiansheng Capital has disrupted the dominance of Anshi Group's board, marking a significant shift in power.

As the "Antian War" persists, Anshi's shares closed at the daily limit of 27.84 yuan, achieving seven consecutive boards and reaching a five-year record high. Speculation grows about Tiansheng Capital aggressively acquiring shares, fueling the continuous surge in stock prices.

Observers are astonished at Tiansheng Capital's appetite and contemplate the possibility of its success in swallowing the giant Anshi Group. This unexpected turn of events has become a textbook-like classic case of business warfare, orchestrated by a 24-year-old entrepreneur.

The senior management of Anshi Group faces uncertainty, fearing further stake increases from Tiansheng Capital and potential interventions from other capitals. The An family, once a formidable force, feels vulnerable as various capital entities seek to take advantage of the situation.

At 10:50 a.m., Wanxiang Group adds another layer of complexity, announcing a high-profile increase in its holdings of Anshi's shares by more than 500 million shares—a move that intensifies the already heated battle. The "Antian War" has reached a new peak of popularity as multiple capital institutions vie for a slice of the pie.

The unfolding events make it clear that the battle for control over Anshi Group's destiny has evolved into a complex and high-stakes competition involving multiple influential players in the domestic capital market.