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Chapter 1312 - 1306: Popularity Soars

Chapter 1312: Chapter 1306: Popularity Soars

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For consumers, this is absolutely a cause for celebration.

Without spending a penny, they can enjoy premium music. Moreover, Sky Horse guarantees that the music will be top-tier quality, calling upon the industry to supervise and evaluate them.

If anyone can point out that any song from Sky Horse’s albums isn’t a masterpiece, Sky Horse is willing to offer incentives.

That marketing ploy makes waves even bigger.

Many music critics are eagerly gearing up, holding back their energy and vowing to capitalize heavily on Sky Horse’s promotions.

In the minds of many, Sky Horse has likely already been seen as a juicy target, a piece of prime meat everyone wants to take a bite out of.

Unfortunately, with the System in Li Changlin’s possession, he can choose freely from tens of thousands of songs, all guaranteed to be classics, leaving those critics destined for disappointment.

During his days in Huacheng, aside from his daily routine of recording albums in the studio, Li Changlin spent his remaining time arranging for the acquisition of Jiahao Entertainment’s shares.

Since Jiahao is a listed company, Duan Jiahao could do nothing to prevent Li Changlin’s activities.

However, Duan Liqiang naturally wouldn’t sit by idly, so he vigorously attempted to acquire shares from individual investors.

Yet with activities like this, Jiahao’s shares gradually began to climb.

In just a few days, Jiahao’s shares had soared by nearly thirty percent.

Initially, Jiahao’s stock price was around 5.3 yuan per share.

But after Li Changlin and Duan Liqiang’s maneuvering, the price surged to 7.1 yuan per share.

With this development, many stockholders became reluctant to let go.

At this point, Li Changlin had secretly acquired approximately five percent of Jiahao’s shares.

He had anticipated such a scenario and started selling off his holdings.

Meanwhile, as Duan Liqiang continued frantically acquiring shares, whatever Li Changlin sold, he swiftly absorbed.

This, in turn, caused the price to rise even further.

Many ordinary investors were thrilled—some began selling off, while others increased their holdings, thinking this was an opportunity to profit big.

However, in the wars of capital, ordinary investors rarely stand a real chance to earn significantly.

Li Changlin fought a tug-of-war with Duan Liqiang in the stock market while privately dispatching people to meet with Jiahao’s shareholders, offering to purchase their shares.

While retail investors acted impulsively, shareholders were far from naive.

The current market dynamics were crystal clear to these shareholders.

As a result, several shareholders decisively signed transfer agreements with Li Changlin, who offered them a very favorable price of eight yuan per share.

Measured by stock market standards, that price wasn’t too high.

But keep in mind, these shareholders couldn’t directly list their shares on the market for a quick sale.

If they dared to do so, Jiahao’s stock price would plummet quickly, and its reputation would suffer tremendous damage.

As for selling to Duan Liqiang, that was even more far-fetched since Duan Liqiang was clearly locked in a feud with Li Changlin at the moment.

Recovering shares in the market might lead to some losses, but the risk was relatively small.

However, acquiring shares from shareholders directly was something Duan Liqiang couldn’t bring himself to do.

After all, the current stock price was clearly inflated, and Duan Liqiang wasn’t foolish enough to take that gamble.

Yet Li Changlin was determined to take precisely this route.

Thus, when the stock price was finally driven up to eight yuan per share in the market, Li Changlin had already secured approximately 28 percent of Jiahao’s shares in private deals.

This proportion was already quite substantial.

Of course, the Duan Family still retained the largest stake, with 53 percent of the shares.

But in truth, Duan Liqiang himself didn’t own much—he held just 18 percent of Jiahao’s shares, while his son Duan Jiahao owned 5 percent.

Combined, this father-son duo’s shares were now less than Li Changlin’s.

Nonetheless, Li Changlin knew full well that unless he worked out agreements with other members of the Duan Family, taking complete control of Jiahao would remain a significant obstacle.

At this juncture, Li Changlin naturally dispatched people to engage with other Duan Family members, confident that the current situation would prompt them to come to the table for negotiations.

Just as he predicted, Li Changlin’s covert moves didn’t alarm Duan Liqiang and his son, but they did catch the attention of the family patriarch—Duan Liqiang’s elder uncle, Duan Huawei.

Although Li Changlin hadn’t exposed his identity at this point, the news that Jiahao’s shareholders were transferring shares to external parties was enough for Duan Huawei to personally call Duan Liqiang to inquire.

Regarding the patriarch, Duan Liqiang wouldn’t dare to conceal anything.

His current position was largely thanks to the Duan Family and his uncle’s assistance.

Duan Huawei directly asked whether Duan Liqiang was aware that some Jiahao shareholders were transferring their shares, leaving Liqiang momentarily stunned as alarm bells rang in his mind.

Huawei explicitly warned Liqiang that someone was targeting Jiahao.

Jiahao now faced a critical decision: whether to pour immense resources into continuing the battle against Li Changlin or to recognize defeat and cut their losses.

To be fair, in any scenario, Duan Liqiang couldn’t simply let go of Jiahao.

Yet, the father-son duo’s combined shares amounted to 23 percent, while the other Duan Family members collectively controlled 30 percent.

In the end, Duan Liqiang had no choice but to compromise and submit.

At last, Li Changlin successfully acquired the Duan Family’s entire stake.

At this point, his holdings surged to 81 percent, achieving true absolute control.

With this, Li Changlin’s mission was finally complete, fulfilling the dream he harbored upon coming to Huacheng.

But naturally, Li Changlin wouldn’t stop there.

Why did he acquire Jiahao? What were his actual goals and their significance?

Following discussions with Bai Zicong and Chen Zhengxin, Li Changlin decided to merge Sky Horse with Jiahao and use Jiahao’s status as a shell to go public.

With several free album releases under Sky Horse’s belt, the listing resulted in rapidly climbing revenues and the stock price peaked at a staggering 35 yuan per share.

This allowed Li Changlin to reap enormous profits, splitting off 30 percent of his holdings for IPO financing—real hard cash.

The process had taken a considerable amount of Li Changlin’s energy and time.

Amid all this, he took a quick trip back to Capital City to record a duet with Ye Xiyao, which was later added to his soon-to-be-released album.

On the day Sky Horse celebrated its successful IPO, Li Changlin’s new album also launched simultaneously.

As a result, his popularity skyrocketed further.

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