132: Chapter 132 Buying at the Bottom

Jiang Chen stood by the window as the afternoon sunlight poured across the floor through the double-layered floor-to-ceiling glass. The warmth settled on his shoulders, and his mood calmed along with it.

He turned and walked back to the sofa, habitually tapping open the minimalist icon of the app on his phone.

daily wealth intelligence.

The screen dimmed for a moment, then a line of black font with a cold, sharp texture lit up, the information precise without any redundancy.

[Today's Wealth Intelligence]

[Wantai Real Estate · West City Wantai Fortune Center 4th, 5th, and 6th Floor Full-Floor Office Building Property Rights

Time: 48 hours later (This Thursday at 10:00 AM)

Auction Location: Auction Hall No. 3, Chengxi International Auction Center

Asset Details: Three floors of office space with a total construction area of 4,200㎡. The layout is square and well-lit, located in the prime golden area of the West City core business district. The property rights are clear with no mortgage disputes.

Current fair market valuation is approximately 126 million yuan, with a unit price of 30,000 yuan/㎡. It comes with stable corporate tenants, allowing for immediate rent collection upon takeover.

Core Reason for Asset Sale: Wantai Real Estate blindly invested in overseas cultural tourism real estate projects and encountered sudden local policy changes. The initial investment of 800 million yuan has been completely trapped and cannot be recovered.

At the same time, the company's maturing bank loans and construction payments are due for concentrated redemption. The group's cash flow has completely broken, and it is already facing the risk of insolvency, forcing an emergency sale of core high-quality office assets to repay maturing debts.

If this auction is missed, the asset will be directly seized and liquidated by the bank and will no longer be auctioned publicly.

Starting Price: 69.3 million yuan, starting at 45% below market price. Industry estimates suggest the final transaction price will not exceed 85 million yuan.

Operation Method: After all the Republican-era little yellow croakers are liquidated and the funds have fully arrived, participate in the auction independently in the name of Chenxing Capital to secure all property rights with full payment, without needing to involve third parties, avoiding equity fragmentation.

Profit Calculation: After holding for 12 days, Wantai Real Estate's overseas project will be taken over and acquired by a State-owned capital platform. The company will receive special bailout funds, the debt crisis will be resolved, and the valuation of its office buildings will quickly rebound to the market price of 126 million yuan.

Net asset profit of 41 million to 56.7 million yuan; meanwhile, the rental yield in this area is stable, with the annual rental income of the three floors of office space reaching over 3 million yuan, serving as a high-quality fixed asset for Chenxing Capital in the long term.

Core Risk: Must raise sufficient auction funds within 48 hours; if overdue, this opportunity to buy the dip will be missed.]

Jiang Chen stared at this piece of intelligence, his fingertips gently stroking the metal frame of his phone.

The truth behind Zhou Wanquan's unusual silence during this period finally came to light.

It wasn't some hidden scheme, nor was he gathering evidence to cause trouble.

It was that Wantai Real Estate's overseas investment had completely hit a landmine, with 800 million yuan lost. Coupled with the concentrated maturity of bank loans and construction payments, the cash flow had simply collapsed.

Zhou Wanquan can't even stand steadily on the edge of bankruptcy now; selling this core asset, the Wantai Fortune Center, is his last saving grace.

And the time window left for him is only forty-eight hours.

He placed the phone face down on the coffee table and leaned back into the sofa, his mind already racing at full speed.

Thirty-two HSBC little yellow croakers—according to the collection market conditions, an expedited liquidation within forty-eight hours could definitely secure sufficient funds.

Not only can they steadily cover the maximum auction price of 85 million, but there will also be over 20 million left as operating liquidity for Chenxing Capital.

He understood the weight of this transaction very clearly.

It could both avenge the old grudge of Zhou Wanquan's constant obstruction during the acquisition of the Xuefu Road shops and swallow Wantai Real Estate's most core office asset at a price nearly cut in half.

Furthermore, he could reap a premium profit of nearly 50 million yuan in twelve days and add a fixed asset with an annual rent of over 3 million to Chenxing Capital.

Three birds with one stone, perfectly interlinked.

Ding-dong!

Ding-dong!

Jiang Chen's phone rang.

Not just once, but a flurry.

The notification sounds from the collection platform flooded in densely, a string of ding-dongs.

The moment Jiang Chen's fingertip swiped open the backend, the red dots of unread messages almost covered the entire screen.

The eight top-quality HSBC little yellow croakers he listed this morning had already surpassed 150 inquiries in just three or four hours.

He scrolled down one by one.

Some collectors were repeatedly checking the high-definition detail photos he uploaded.

They zoomed in on the HSBC engraved marks, complete factory serial numbers, and fineness stamps one by one, asking clearly even about the natural oxidation traces on the corners of the gold bars.

Some collectors directly sent private messages to negotiate the price, asking if there was a discount for a bundle of three. Their offers followed the market closely, and their tone was sincere.

There was also a platform-certified senior gold and silver collector whose account had been registered for eight years, with a transaction history that seemed endless.

The private message got straight to the point: "This batch of Factory bars is indeed of good quality, with clear HSBC engravings and complete serial numbers. Can you bundle the rest that haven't been listed yet and sell them to me?"

"I've completed over a dozen large transactions on the platform with full immediate payment. I confirm receipt in less than twenty-four hours, and the money will be in your account within forty-eight hours."

Jiang Chen stared at this private message for three seconds.

At the same time, the review results from the platform's official appraisal agency were also pushed through.

A top-tier authenticity rating, and the batch of gold bars was tagged with the high-traffic label "Republican-Era Heirloom Masterpiece."

Once the tag was applied, the exposure immediately doubled, and the inquiries and orders rose accordingly.

He took a deep breath and his fingertips began to move rapidly.

The time window was only forty-eight hours; there was no room to list and sell them one by one slowly.

He had to lock in the big buyers first while simultaneously clearing out all the orders from individual customers.

He first filtered out all individual buyers who confirmed full payment and promised immediate payment.

He replied to every private message personally, confirming orders, verifying shipping addresses, and coordinating with the platform's appraisal agency to open the expedited appraisal channel.

The platform also cooperated.

Once a large transaction entered the expedited settlement process, the payment cycle was compressed from the usual five to seven business days to within forty-eight hours.

Then he listed all the remaining twenty-four gold bars, which he had originally planned to list in batches, all at once, slightly lowering the unit price within a reasonable range.

Finally, he clicked on the private message dialog box of that eight-year veteran collector and typed a line: "Bundling is fine. I'll give a small discount on the listed price, provided there is full immediate payment and immediate platform settlement."

The other party replied almost instantly: "Deal. Integrate all the links and send them to me; I'll buy them all at once."

Jiang Chen consolidated all the purchase links for the thirty-two gold bars into a dedicated page and sent it over.

The other party completed the order and payment within fifteen minutes, and the platform system simultaneously entered the expedited settlement process.

The eight already sold were also cleared by other individual customers during the same period, all entering the payment channel.

He leaned back against the sofa, watching the constantly jumping order statuses in the backend.

"Paid"

"Platform Reviewing"

"Funds Settling"

"Expected arrival within forty-eight hours."

A series of green progress bars lit up in sequence.

Based on the current collection market for Republican-era one-tael Factory bars, a single little yellow croaker minted by HSBC with good condition and clear serial numbers sells for around 340,000 yuan.

With all thirty-two sold out, the final total liquidated amount settled firmly at just over 100 million yuan.

This money would be more than enough to bid on the three floors of office space in Wantai Fortune Center, with over 20 million yuan left over after the auction payment.

It would serve perfectly as working capital for Chenxing Capital and help handle any sudden price increases that might occur at the auction.

Thirty-two little yellow croakers, from being stripped out of burlap under the plane tree last night to becoming a string of settling numbers in the backend now.

Less than twenty-four hours in total.

He looked down at his own hands.

The faint red marks on his fingertips from handling the burlap yesterday hadn't completely faded.

Then he picked up his phone and dialed a number.