Glug...
Chu Xinghua swallowed hard and said, "The price of 1,000 mu of land is around 450 million. Mr. Shen, are you sure you're not joking?"
Shen Dong said, "Of course I'm not joking. But can you provide a loan?"
Chu Xinghua said, "At most fifty percent, with an interest rate of around two percent."
Shen Dong nodded and said, "Then it's settled. Jimmy, you'll be in charge of this. After you buy the land, contact a construction team immediately to start construction. It would be best to build a staff dormitory to solve the staff's accommodation problem."
Jimmy wrote it down and said, "No problem."
Shen Dong said, "Ahua, contact overseas companies. I want to purchase fifty instant noodle production lines and forty clothing production lines. The price will be paid off in three years."
Ahua said, "I'll contact them immediately after I get back."
Shen Dong turned to look at Chu Xinghua, who was somewhat dumbfounded, and smiled, "Mr. Chu, let's go."
Chu Xinghua snapped out of her daze and asked again to confirm, "Mr. Shen, you...you've made up your mind like this?"
Shen Dong smiled and said, "It's settled. Once the factory is built, we hope you and the Pengcheng government will provide your full support."
Chu Xinghua said excitedly, "Support! We must support it!"
He never dreamed that Shen Dong would buy a piece of land worth more than 400 million yuan after only looking at it for ten minutes.
This is simply treating money like it's nothing.
Little did Chu Xinghua know that even if Shen Dong's factory collapsed, the transfer fee for this thousand acres of land would still reach at least 150 billion yuan, a profit of three to four hundred times.
There is probably no better business deal in the world than buying this land.
This isn't over yet.
As they approached the Pengcheng government building, Chu Xinghua pointed to a messy area ahead and said, "This residential land is about 32 mu (approximately 2.8 hectares). We plan to auction it off in three days, with a starting price of 400,000 yuan per mu. I've heard that several real estate developers are planning to jointly acquire this land. I wonder if Mr. Shen is interested?"
Shen Dong asked, "Are there any requirements?"
Chu Xinghua said, "The community must be completed within a year, and it must be able to accommodate at least three thousand people."
Shen Dong thought for a moment and said, "Can we just rent it out and not sell it?"
Chu Xinghua was taken aback and asked, "How much is the rent?"
Shen Dong said, "It won't be higher than the surrounding market price."
Chu Xinghua said, "That's no problem."
Shen Dong laughed and said, "Jimmy, no matter how much it costs, we must get this land."
Jimmy nodded and said, "Yes, Brother Dong."
Chu Xinghua realized that Shen Dong was completely different from those petty Hong Kong businessmen; he didn't care about money at all.
He doesn't care about the price at all when it comes to things he sets his sights on.
Such generous businessmen are precisely the kind of people their government likes best.
Chu Xinghua said, "We still have quite a few places where we need to build residential buildings. When we get to my office later, we can discuss it together, how about that?"
Shen Dong smiled and said, "No problem. Mr. Chu, do you think I'm being a bit frivolous?"
Chu Xinghua said, "To be honest, there is a bit of that."
Shen Dong said, "The reason I dare to do this is because I have confidence in the development of Pengcheng. As long as Pengcheng can become the window of Xia Kingdom to the outside world, then the land I have purchased will be dozens of times more valuable in the future. Why wouldn't I do such a good real estate business?"
Chu Xinghua countered, "What if it doesn't develop?"
Shen Dong waved his hand and said domineeringly, "It will definitely work. Even if it doesn't, it doesn't matter. It's just a little over a billion, I, Shen Dong, can afford to lose it."
Chu Xinghua gave Shen Dong a thumbs up and said, "You are the most generous investor I have ever met."
After having a meal at the guesthouse, Shen Dong and his group went to the conference room of the Pengcheng government.
Chu Xinghua pointed to the small red circles on a map on the wall and said, "These places all need to be transformed into apartment complexes, ranging from twelve acres to over a hundred acres. If Mr. Shen is interested, he can attend the auction."
Shen Dong took a closer look and noticed that they were all located close to the government office buildings, indicating a potentially huge potential for future appreciation. He then asked, "How much of a loan can the bank provide for the construction of this residential complex?"
Chu Xinghua said, "Like commercial land, the maximum is fifty percent."
Shen Dong said, "It's also possible to rent without selling, right?"
Chu Xinghua nodded and said, "As long as the rental price is not a problem, we won't interfere. But if you don't sell, then it might be difficult to repay the loan."
Shen Dong smiled and said, "Once my factory is built, I am confident that I can pay off all the loans within three years."
Chu Xinghua said, "Then there's no problem."
For the next few days, Shen Dong wandered around Shenzhen.
Although construction is underway everywhere, Shen Dong still finds it difficult to associate it with modern cities of later generations.
When Chu Xinghua wasn't working, she would chat with Shen Dong, and the two quickly became friends.
Through their conversation, Chu Xinghua discovered that Shen Dong was a true patriot, full of confidence in the future of the Xia Kingdom, and possessed an innate pride and sense of honor in being a descendant of the Yellow Emperor.
At first, Chu Xinghua only accompanied Shen Dong for work purposes, but now she completely regards him as a confidant because the two share the same views on many things.
On the afternoon of the third day, Shen Dong personally attended the land auction and spent a total of 160 million yuan to purchase fifteen plots of land of various sizes.
If it weren't for the fact that he felt it was inappropriate to keep everything to himself, Shen Dong would have wanted to buy all the land.
Even so, Shen Dong still managed to acquire 70% of the residential land, shocking everyone else.
After the auction, Chu Xinghua said with a wry smile, "Ah Dong, you're too ruthless."
Shen Dong said, "A man has to be ruthless to himself. Old Chu, can our government's construction team handle these projects? If not, then it's none of my business."
Chu Xinghua said, "As long as the project funds are in place, the construction team will have no problem."
Shen Dong said, "I have already set up a real estate company in Pengcheng. The money will be transferred to the construction team's account on time. I guarantee that there will be no delay on my end."
Chu Xinghua laughed and said, "Our Pengcheng is in a hurry to carry out modernization, and we can't afford to delay it."
Shen Dong extended his hand and said, "Then it will be a pleasure to cooperate."
Chu Xinghua said, "It will definitely be very enjoyable."
The two shook hands and smiled broadly at the same time.
After signing the relevant contracts, Shen Dong left a deposit of 50 million and immediately returned to Hong Kong Island.
Continue read on readnovelmtl.com
