Chapter 417: Irreversible

The land auction officially began.

It was different from public auctions; there were no young, beautiful hosts, nor was there any flashy commercial atmosphere.

In front of every group representative sat a computer, allowing them to view various data and place bids in real-time.

At the same time, there were no mandatory stipulations on the auction price.

In other words, everyone could increase their bids based on the actual situation of their own group.

After all, the total floor area reached 150,000 square meters; increasing the bid by 1 yuan per square meter would raise the total price by 150,000.

One move affects the whole situation.

Zhang Qilian appeared determined to win this auction.

His expression was relaxed and carefree; a plot of land with a total price of over 12 billion was not something just anyone could easily afford right now.

Nearly 99% of developers in Kyushu could not produce this amount of money all at once.

Zhang Qilian had utilized a lot of leverage—banks, investors, shareholders, and so on...

He had thought of every possible method.

After mortgaging many projects under construction and various assets, he had finally raised over 9 billion.

Added to the 5 billion-plus from Era Tide Real Estate, it should be enough to win it.

Before the land auction began, Jinhua Xinyue Group had started large-scale media promotion.

Therefore, all parties placed great importance on the results of this land auction.

This was also likely to be the first "Land King" to appear in Shanghu amidst the sluggish real estate market of 2023.

Daring to bid for land at a time like this was enough to show the bidder's confidence and strength.

Many people believed that Jinhua Xinyue Group was bound to win, and their stock price had already begun to rise.

From the initial 10 yuan per share, it had climbed all the way to 25 yuan, experiencing consecutive daily limit-ups for several days, and it was still continuing.

Before they entered, the stock had already hit the limit-up again.

But Wei Rusi knew very well that today would surely be the last limit-up for Jinhua Xinyue Group.

Because once the land auction results came out, there would be continuous limit-downs until all the shareholders of The Group panicked, and that would be the time for Zheng Qian to make his move.

She had actually proposed this method on purpose.

After chatting with Zheng Qian for a long time that day, she could only roughly guess that he possessed tens of billions in assets.

However, she felt that he was still hiding something.

So she thought about using these grand gestures to test Zheng Qian's hidden cards.

If he really possessed an astronomical figure... then perhaps her dream of returning to the United States in the future could actually be realized.

Just as everyone was lost in thought, the land auction had begun.

"81,000 yuan/m²..."

"85,000 yuan/m²..."

"88,000 yuan/m²..."

The bidding increments were even more boring than Zheng Qian had imagined; the margins were simply too low.

Several companies took turns placing bids, and people were leaving one after another.

Only two or three companies were left.

"Heh, it seems we have this in the bag," Zhang Qilian said in a low voice, looking around the room with smug satisfaction. "If we handle this properly and release some more good news, our stock price can continue to rise, potentially reaching 50 yuan."

"If that happens, financing won't be an issue, and then we can swallow the Su Family and make up for the deficit."

"And we can join forces with the Sun Family to enter the Songshang Club!"

Yang Ruixuan, however, frowned slightly.

Glancing in the direction of Lin Shuoyang not far away, he said hesitantly, "They haven't placed a single bid the whole time. Are they really just here to make up the numbers? But they haven't bid since the start; could there be some twist?"

Hearing this, Zhang Qilian sneered immediately.

"Rest assured, just a short while ago, that old woman was begging everyone for a bridge loan of several billion. Being able to barely scrape by is one thing, but now the price has reached 13 billion; what is she going to use to buy it?"

Zhang Qilian didn't take Lin Shuoyang and the others seriously at all.

Moreover, the current price was indeed approaching his limit.

Even they were finding it hard to swallow, let alone Teacher Xiao?

"Um... President Zheng, it's already at 13 billion. When... when should we make our move?"

Lin Shuoyang asked in a low voice.

In fact, before he came, Teacher Xiao hadn't revealed too much information about Zheng Qian.

She only said that he was a very capable person and that he should learn from him. But now that things had reached this point, and the price had hit such a terrifying level, he had already decided in his heart that it was impossible for Zheng Qian to continue.

Great, another wasted trip today.

"13 billion, huh."

Zheng Qian frowned slightly, seemingly deep in thought.

After a moment of contemplation, he spoke, "Let's just increase the bid to 100,000."

!!!

Wei Rusi, Su Yuanshuang, and Lin Shuoyang all turned their gazes toward Zheng Qian simultaneously!

Was he... crazy!?!? 100,000 per square meter, that meant a total price of 15 billion!

The premium rate had already reached 25%!

"Zheng Qian, I know you are very eager to win this plot of land, but don't be rash..."

Wei Rusi couldn't help but say.

Zheng Qian waved his hand, an indescribable smile on his face.

"I suddenly have an idea."

"It might be even better than the strategy you formulated earlier; let's give it a try. Student Lin, just increase the bid to 100,000. If I'm not mistaken, Zhang Qilian and his people will definitely follow."

???

Wei Rusi held her head in helplessness.

Fine, you're the boss anyway; whatever amount you say, that's the amount it is.

Lin Shuoyang hesitated for a moment, but still reported the number according to what Zheng Qian said.

"What!?"

Zhang Qilian stood up with a jolt.

Pointing at the computer screen, he shouted in shock and suspicion, "Lin Shuoyang, have you studied yourself stupid in college? Your mother didn't send you here to joke around! 15 billion! You f*cking won the bid, can you afford to pay for it? Retract it immediately!"

"It cannot be retracted now," the organizer replied with an expressionless face, then looked at Lin Shuoyang. "This number is legally binding. The premium is now 25%. If you are maliciously bidding but are unable to pay in the end, you will have to bear the consequences."

Lin Shuoyang nodded with difficulty.

Anyway, before leaving, his mother had already given him instructions.

No matter what happened, he had to fully cooperate with Zheng Qian's actions.

Even if he called out 100 billion, he had to follow, and it had to be in the name of Lin-Xiao Yuanfang Group!

"Damn it... is your brain broken?"

Zhang Qilian couldn't help but curse out loud.

Lin Shuoyang frowned and couldn't help saying, "President Zhang, please watch your tone. Since I am sitting here, I will naturally follow the rules. What, are you unable to afford the bid?"

"I f*cking..."

Zhang Qilian was speechless for a moment.

Damn it, it seems like I really can't afford it.

What to do?

But this plot of land is really important!

"Old Zhang, I just contacted the board of directors; at most, we can only raise another billion or so, and that's pushing it! Are we still going to bid? If we don't... our stock price is going to plummet!"

Yang Ruixuan said, wiping cold sweat from his forehead.

"Bid! Damn it, we are riding a tiger and can't get off now. Even if we can't pay in the end, we must win the bid! Otherwise, the stock price will plummet, and that consequence is even more unbearable!"

"Damn it! After the land auction is over, I will definitely kill this kid!"