That afternoon, Bai Chuan Group and the state-owned assets held a press conference. The state-owned assets announced their financing of Bai Chuan Group, which stirred up quite a stir in Chang'an.
Bai Chuan Group thus entered the public eye, but after a check of its relevant qualifications, most people dared not harbor any ideas.
The power of capital is immense; they possess not only more connections but also infinite wealth.
After investigating one by one, they obtained a definitive piece of information: do not provoke them, absolutely do not provoke them.
This was not the most crucial point. The most crucial point was that many billion-level enterprises in the capital began to issue statements, expressing their hope for cooperation with Bai Chuan Group and promising to provide satisfactory cooperation plans!
If it were just one enterprise, it would be understandable. But the key issue was that they were not a single entity. Almost all enterprises in the capital had made their stance known, and even several of the Ten Great Families had done the same.
This made him truly feel a different kind of sensation, as if this group's background was incredibly deep. At least from the current perspective, it was intricately linked with many enterprises and families in the capital. To provoke them would be akin to opposing the entire business community of the capital.
Not only that, but the Capital Chamber of Commerce also stepped forward at this time, vowing to visit Bai Chuan Group tomorrow to discuss cooperation!
When this news broke, many enterprises became even more restless. This was not a matter of one plus one; it was the entire business world standing on their side. Who would be so foolish as to provoke them?
Meanwhile, after the Shanghai Stock Exchange received Lin Tian'ai's listing application, the normal process would typically take more than half a year, and sometimes even longer in special circumstances.
After acceptance, they would need to communicate with the pre-trial officers for listing, then conduct the preliminary review of the application, and finally proceed to the listing review committee. Only after passing this review committee would the China Securities Regulatory Commission issue the approval for listing, at which point the company could officially list on the stock exchange.
Of course, with the coordination of various departments, there was on-site review, with stamps being affixed as if they were free. CSRC personnel issued the listing approval on the spot, and then all information regarding Bai Chuan Group was directly uploaded to the backend.
At 4 PM, Lin Tian'ai called.
"Successful listing!"
Subsequently, with the rapid work of the Sky Dome technicians, the official website went live that morning, announcing the listing news through the website.
The stock price was fifty-one yuan per share!
It went live at four o'clock, and by five o'clock, Bai Chuan Group had already hit the daily limit.
"All the preparatory work is finally drawing to a close. Now, we begin the sniper attack on Ju Jing Group!"
...
Ju Jing Chamber of Commerce.
Upon learning that Bai Chuan Group had successfully listed, Bai Qi's expression turned extremely grim.
Since he started dealing with these chamber of commerce members, many had been asking him for kickbacks, which had been a great headache for him. He only finished negotiating with them late last night. Although Tang Tianhao, Liao Chengguang, and Shen Han were establishing the framework of the Ju Jing Chamber of Commerce, he had no sense of involvement, having been bogged down by these chamber of commerce members.
However, the problem was not too significant. Early this morning, they had all transferred the money into the Ju Jing Chamber of Commerce's account.
The acquisition contracts had also been signed, with each chamber of commerce providing a company to be acquired. Chang'an, on the other hand, had brought the three giants into its fold, namely Tang Group, Liao Heavy Industry, and Tiangong Technology.
Tomorrow, Tang Tianhao would go to the Shanghai Stock Exchange to submit the materials for listing. However, to achieve a swift listing, they could only contact people from the Dark Hall.
But the crucial issue was that he was inconvenient to contact that person himself and could only wait until he was off work.
The entire structure of Ju Jing Group was finalized, and now all that remained was the listing!
Although it was one day later than Bai Chuan Group, there was also an advantage: at least they knew the pricing of the opponent.
If they priced it at fifty, then Ju Jing Chamber of Commerce would price it at one hundred!
Doubled, and this would be very beneficial in future market battles, as ultimately, the money they could obtain from shareholders would be double that of Bai Chuan Group.
It is known that during stock issuance, in the primary market, the money subscribed by investors for shares belongs to the listed company. Generally, listed companies use the funds raised in the primary market for their real operations.
If investors trade stocks normally in the secondary market, they are not directly purchasing from the listed company but from other traders, so the funds generated belong to the investors.
It is well-known that one of the necessary conditions for a company to list is to have been in operation for more than three years and to have been profitable for the last three consecutive years.
Neither Bai Chuan Group nor Ju Jing Group met these time requirements, so they could only go public through acquisition and merger, using shell companies.
What is shell listing? Shell listing refers to a company with strong assets that is not listed, acquiring control of a listed company through methods such as acquisition or asset exchange, and then injecting its parent company's operations to achieve the effect of the parent company listing.
Currently, the effect is quite good, at least they have successfully listed.
After ten o'clock that evening, Bai Qi dialed the number of his only contact, and soon, the person appeared at the Ju Jing Chamber of Commerce.
"All preparations for the pre-listing are complete. I need you to contact the Dark Hall."
The person in the black robe nodded: "Alright. Give me all the information, and someone will handle the listing procedures tomorrow. I will notify you via text message after the listing."
Bai Qi nodded and handed him a file bag. After the person in the black robe checked it, there were no omissions.
"The state-owned assets are financing Bai Chuan Group, and they have not announced the amount of financing. So, you need to be careful about this matter. I estimate that the funds they financed are definitely substantial. How much money have you prepared on your end?"
Bai Qi pondered for a moment: "They brought a total of about 3.5 trillion. All the funds from Chang'an combined are around 500 billion, making a total of 4 trillion. If I don't have enough money or if there are other issues, I will contact you."
"Okay, I've received the message. One of the Eight Gods is already here. However, the Eight Gods will not contact us proactively. If they do, it means there are other circumstances. I have informed them of a safe location, and they will notify you in their own way. When you are notified, you can proceed.
"Also, immediately suppress Bai Chuan Group after listing. My superiors are already angry and want them dealt with quickly!"