Chapter 696 Public Auction Conference!



Just as Longteng Auto was stirring up a storm both domestically and internationally, Chen Dong and Lao Qin's group had already arrived in Kumbum, Myanmar.

In November, the weather in the north gradually turns cold, but here the average temperature is still in the twenties or thirties degrees Celsius.

The men and women on the street were dressed lightly, just like in summer in China, with short-sleeved shirts, shorts, and short skirts everywhere.

Therefore, Chen Dong and his companions were not wearing thick clothes at this time, but rather just light clothing.

Old Qin, familiar with the place, led Chen Dong and the others into a large hotel.

Exhausted from their journey, they decided to rest for the day and have Lao Qin tell them more about jade gambling before heading to the jade gambling site tomorrow.

Old Qin had been to Myanmar before to participate in the jade auction, so he was very familiar with the rules of jade gambling here, such as opening windows, revealing materials, half-gambling, and full-gambling, and he spoke about them in great detail.

They were waiting in the lobby to check in.

"You sound so professional, so how come you're doing so poorly these days? Haven't you even managed to get a Royal Green car or anything?" Chen Dong said deliberately.

Old Qin just smiled nonchalantly, his face showing a calm expression as if he had seen it all. "Gambling on stones is all about the gamble. It takes a discerning eye, but even more so, luck. A stone with a dull surface might yield a top-quality glass-type jadeite, while a stone covered in python-like patterns and moss patterns might turn out to be worthless."

"What this gentleman said is truly a profound truth!"

Just then, a voice rang out from the side.

Everyone looked over at the sound and found it was a young man in his twenties.

He was sitting in the lounge area next to the hotel lobby, but he stood up and walked towards Chen Dong and the others.

"I'm so sorry to bother you." The young man walked up to them and stopped. "I'm from Shang's Jewelry Company. I'm here to purchase a batch of jadeite. However, I'm also interested in gambling on rough stones and have done some research. From what you've said, sir, you seem to have a particular expertise in jade gambling. I'd like to come and learn from you! Is it convenient for you?"

The young man spoke, glancing at Lao Qin and Chen Dong.

At the same time, he waved his hand, and someone stepped forward, took out two business cards, and respectfully handed them to Lao Qin and Chen Dong.

Old Qin glanced at Chen Dong, then said to the young man, "Oh, Mr. Shang, hello. You flatter me. Actually, I'm just a newcomer, and I probably don't have the same family background as you."

Old Qin's words clearly indicated that he was rejecting the young man's request.

The young man wasn't offended at all, and smiled calmly, "Sir, you're too modest! Then we'll meet again someday."

They retreated without any hesitation.

Chen Dong watched the scene unfold with a smile.

However, his focus was more on the young man's henchman.

That person bears a resemblance to Ouyang Ming, the former chairman of the Ouyang Group.

However, he lacked the domineering nature that Chen Dong had seen in Ouyang Ming.

Besides, Ouyang Ming has already been sent to prison, so he shouldn't be here.

But Chen Dong felt that the two of them were too similar.

So, Chen Dong gave the middle-aged man a meaningful smile.

The middle-aged man trembled and quickly lowered his head and lowered his eyes.

Upon seeing this, Chen Dong realized that the person in front of him was none other than Ouyang Ming.

Chen Dong's expression was slightly cold.

He thought to himself, "Hmph, you actually showed up here. I've already taught you a lesson. If you behave yourself, that's fine, but if you dare to cause trouble, I'll make sure you die a horrible death this time!"

By this time, the check-in procedures had been completed, and Chen Dong led Lao Qin, Wolong, Tiger, Fox and others straight upstairs.

Just after Chen Dong turned around, Ouyang Ming looked at him with resentment in his eyes, and then quickly lowered his head.

"Old Gu, what are you looking at? Let's go!" The young man glanced in the direction of Chen Dong and the others, and then said.

Ouyang Ming bowed respectfully and said, "Yes, young master!"

Then, they left in a hurry.

...

Early the next morning.

After having breakfast, Chen Dong and his group got into a car in front of the hotel.

There are also buses to the public auction here, but the buses in Myanmar are really not good.

The auction was held in the city center.

This is an exhibition hall, covering a very large area.

The car drove all the way to the entrance of the exhibition hall before stopping.

As soon as Chen Dong got out of the car, he saw a sign at the entrance that read "Myanmar National Jewelry and Jade Trade Fair".

There were also many armed soldiers guarding the area.

It's obvious that the defenses here are very tight.

Many businessmen carrying large bags and small packages entered the building with invitations; most of them were Chinese.

Chen Dong hadn't expected that so many Chinese people were already coming to Myanmar to "seek their fortune" in this era.

The assistant had already paid the deposit in advance, and Chen Dong and Lao Qin filled out the forms and went inside.

Old Qin had told Chen Dong and the others that there were two bidding methods in the public auction: open bidding and sealed bidding.

An open bid means an auction held on-site.

In contrast, sealed bids involve the organizing committee assigning numbers to the raw materials to be auctioned beforehand, and buyers depositing their chosen numbers into the bidding box.

Old Qin came this time to bid in the open auction.

Chen Dong also prefers to openly bid.

However, he still plans to try his hand at sealed bids, though of course, he won't be spending a lot of money.

Upon entering the venue, Chen Dong couldn't help but sigh with admiration.

The venue is tens of thousands of square meters in size.

Long wooden planks were laid on the ground, and jadeite rough stones of various sizes were placed on the planks.

In his original impression, although jadeite was not as precious as jade in China, it was still very expensive.

For example, the best imperial green jadeite can fetch several hundred million yuan.

Moreover, this is in this era; if it's in a few more years, its price will rise even further.

But now we can see so many jadeite rough stones, at least hundreds or thousands of them, just laid out on wooden boards, like cabbages in a market, dazzling the eyes.

Chen Dong couldn't help but worry that in the future, at some point, the jade mines in Myanmar might disappear completely, just like the jade mines in many parts of China were depleted.

In addition, although he had heard a lot of relevant information from Lao Qin, he still felt unsure when he actually saw these stones.

If he were to work in finance, he could handle it with ease, but gambling on jade is just something he plays around with.

Old Qin seemed to be strolling leisurely here.

He said to Chen Dong, "There's a piece of iron dragon here; you can try to buy it."

He explained that the so-called "Iron Dragon" is a local name for it, belonging to the Houjiang variety. It is commonly found as a whole patch of green, and the bottom is of excellent quality. Some people call it "nine out of ten bets will win".

After Lao Qin finished speaking, he added, "However, we also need to be careful. If it can be placed here as a sealed bid instead of a direct bid, there is very likely that there is still some problem."

"Hehe, no wonder you used to be an appraiser, you've said everything." The fox said from the side.

......

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