Shen Yanchang summoned all three of his sons, including Shen Hao, the eldest son who always gave him a headache. Regardless of everything, Shen Hao was still his son. Even though they had their disagreements in the past, Shen Yanchang wouldn't go so far as to completely exclude him from the family.
Of course, he was also worried that if he left Shen Hao out, the kid would start causing trouble behind his back, which was why he made sure to call him over.
"Now that everyone is here, let's get down to business. That incident with Pearl Capital turned out to be a false alarm, but we don't have much time left."
"We have to speed up our progress. Before the end of the month, no matter what it takes, we need to push our shareholding ratio above 30 percent. This is about the Shen family's control over Qiming Electric, and it concerns our family's core interests. We absolutely cannot afford any mistakes!"
Shen Rui immediately spoke up to show his support. "Dad, don't worry. I've already contacted several reliable channels, and the funds are all ready. As soon as the timing is right, we can rapidly absorb the shares."
Shen Ming chimed in, "If my second brother needs any coordination, I can mobilize some resources on my end as well to ensure nothing goes wrong."
Shen Yanchang nodded, his gaze finally landing on Shen Hao, who had remained silent the entire time.
"Little Hao, regarding the money you recklessly lost before, as long as you keep your head down now and help the family get through this critical period, you will get your fair share in the future. Tell us, what are your thoughts?"
Shen Hao looked up, the corners of his mouth twitching slightly. The expression looked like a smile, but not quite.
"What thoughts could I possibly have? I overestimated myself before. Now, whatever you say, Dad, I'll do. I don't have anything left to lose anyway."
His seemingly defeated words made Shen Rui and Shen Ming simultaneously purse their lips in disdain.
Their eldest brother was completely crushed by them; he had absolutely no fighting spirit left. But this was exactly how they wanted it.
Shen Rui and Shen Ming were twins. They had never really liked their eldest brother since they were young, probably because Shen Hao always loved to put on the airs of a big brother and lecture them.
However, the two brothers were indeed smart. Both graduated from prestigious universities, showed great talent in investing, and were deeply favored by their father, Shen Yanchang.
In contrast, Shen Hao had only gilded his resume at an overseas university where money could buy admission. His personality was a bit too flamboyant, and he spoke too bluntly, which greatly dissatisfied Shen Yanchang.
Under these circumstances, the Shen family's businesses would most likely be handed over to the twins in the future.
This was exactly what Shen Hao had always held a grudge about deep down.
He was the eldest son!
Shen Yanchang gave his eldest son a deep look, knowing perfectly well that Shen Hao had grievances against him. After all, as the eldest, being excluded from the core family business would naturally breed resentment.
"Since no one has any objections, we'll proceed according to the plan. Little Rui, you are in charge of pacing the operations. You need to acquire the shares without driving the stock price up too high, so as not to attract outside attention. Little Ming, keep a close eye on market dynamics, especially Pearl Capital. See if there are any other potential rivals. The moment you notice anything unusual, report to me immediately."
"Yes, Father!" Shen Rui and Shen Ming answered in unison.
Shen Yanchang gave Shen Hao one last look. "As for you... just behave yourself lately. Don't go out and cause any more trouble. When I need you, I will naturally call you."
Shen Hao lowered his eyes and replied, "Understood."
The meeting ended. Shen Rui and Shen Ming were the first to walk out of the study, discussing the details of their upcoming operations as they went.
Shen Hao trailed behind. The moment he turned around and closed the study door, the defeated look on his face vanished instantly, and his eyes grew sharp.
He then pulled out his phone, quickly typed out a text message, and hit send.
Before the end of the month, they plan to acquire 30 percent. Their defense lines are shrinking. You can start the second phase.
A reply came back almost immediately.
I will request a shareholder meeting before the end of the month. Get your materials ready.
Understood!
After finishing the exchange, Shen Hao put his phone away.
............
The Shen family originally planned to suppress the stock price while quietly absorbing shares, and everything seemed to be going smoothly. Especially over the past few days, Pearl Capital had quieted down and made no further moves.
They had also looked into Pearl Capital's background. It was a firm from a small city called Pearl City. Regional capital of that scale usually didn't have massive funds; a 5 percent stake was likely their absolute limit. After all, swallowing that many shares required over a billion in capital, which was no small sum. Unless the other party heavily leveraged themselves, but the risks of doing so were immense, and no rational person would try it.
They believed the other side knew their limits and wouldn't cause any more trouble.
However, just as the Shen family absorbed enough shares to reach 23 percent and were on the verge of breaking 24 percent...
A storm erupted again!
"A stake declaration! Someone else just declared a major stake in Qiming Electric!"
"Holy crap! It's not just one. Several major capital firms are entering the market at the same time!"
"Incredible, multiple firms are declaring their stakes together! Are there more?"
"........."
The major investment forums and retail investor chat groups exploded.
"What the hell is going on? Is Qiming Electric about to turn from a crow into a phoenix?"
"Wasn't it half-dead just a couple of days ago? Why are so many big players suddenly rushing in?"
"Damn it, I just cut my losses two days ago, and now it's taking off. Are they messing with me?!"
"Fellow leeks, do we still jump in under these circumstances? Could this be a trap?"
"Who cares, hurry up and follow! This is definitely some massive good news!"
"I'm in!"
"Damn it, I'm in too!"
"........."
Meanwhile.
Inside Shen Yanchang's office, the atmosphere had plummeted to freezing point.
In just three trading days, they had received three consecutive equity change reports.
Yunshan Capital: 5.58 percent stake.
Wanlong Capital: 5.23 percent stake.
Pearl Capital made a secondary declaration, increasing their stake to 10.29 percent.
The combined shareholding of these three capital firms had now surpassed 20 percent. At the same time, Qiming Electric's stock price had hit several daily limits, and its market valuation had skyrocketed from under 29 billion to nearly 40 billion.
"Dad, we can't hesitate anymore! These three firms are clearly colluding, and their combined equity has already exceeded 20 percent. If we let them continue sweeping up shares in the secondary market, or if they unite with other minority shareholders to convene a general meeting, we'll be in grave danger."
Shen Yanchang stared at the numbers on the report, his face ashen. His family held 23.99 percent, while the opposition openly held over 20 percent. More importantly, the stock price had been driven up so drastically that it was now virtually impossible for the Shen family to increase their stake to 30 percent at a low cost. The financial pressure was simply too great.
"Since they want to play dirty, they can't blame me for being ruthless! Activate the poison pill strategy!"
