The next morning, when Lu Feng went downstairs, he was followed by several people. These people were police officers from the local police station, even though Master Jin had been arrested.
But who knows if Qian Zhongnan and Shi Lang might suddenly decide to do something outrageous?
They've been protecting it all this time. Once we got in the car, we headed straight for the city's auction house. These factories are the target of many people, so the competition might be fierce.
Entry required verification of funds. Lu Feng handed over his bank card, and a dozen minutes later, he entered the hall with his admission ticket. The place was rather simple, with only rows of chairs and a small stage with a table in front.
There were already quite a few people gathered in twos and threes, whispering among themselves. Lu Feng's arrival attracted the attention of many people, who looked over in their direction.
Aside from his fellow townsmen, his more important identity in Baiyuan City's business circles is that of the owner of Jiamei Foods, because Zou Xiongfei had endorsed and promoted him.
"Mr. Lu? Hello, hello!" a polite voice came from behind.
Lu Feng turned around and saw a man in his forties, with a strong and muscular build and a smile on his face. Lu Feng extended his hand and said, "Hello, who are you?"
“You may not have met me from Tianhui Food Processing, but Mr. Gao has. I visited him a little over ten days ago, and he is now one of your partners.”
"Oh, oh, oh!" Lu Feng said politely, referring to the supplier he should find to replace Zuo Weimin.
"My surname is Wang, and my name is Wang Tianhui. What brings you here today? What are you planning to film?" Wang Tianhui said in a very familiar manner, "I heard that we're filming Jin Sanye's mansion today. That mansion is amazing, just like the Qiao Family Compound. Mr. Lu, why don't you buy it?"
It seems that Master Jin has been thoroughly investigated, and even his mansion in the suburbs is going to be auctioned off. Lu Feng looked at him and said with a smile, "I can't afford it. Mr. Wang, are you planning to buy it?"
"I wouldn't dare call you boss. I'm nothing in front of President Lu. I'm just here to take a look. Although I supply you, I'm just a small workshop with low output. The ones that can supply you are all big factories. But I do know a lot about this industry."
Wang Tianhui is a meticulous person. He came today for Lu Feng's sake. He knows that once Lu Feng takes over the factory, suppliers like him will be immediately kicked out.
The industry has undergone dramatic changes, and hometown associations have fallen apart. People like him who rely on the people in hometown associations to make a living are really going to starve this time.
His only thought was to find a way to work for Lu Feng.
He talked about everything from enterprise management, worker wage calculation, market, internal management, ingredient formula, production line, and so on, all the way up to the start of the auction, and was still muttering to himself while sitting next to Lu Feng.
"Alright, they told us to be quiet, stop talking." Lu Feng waved his hand and said.
“President Lu, if we supply our own factory and don’t need to deal with the market, it’s very simple. As long as we manage our employees well, everything will be fine.” Wang Tianhui said in a low voice, and when he saw that Lu Feng ignored him, he stopped talking.
The items up for auction today are quite diverse, ranging from antiques to residences and stocks.
There were antique bowls in front of him, each costing several thousand or even tens of thousands of yuan. Lu Feng was dazzled by the sight. He knew that some antiques appreciated in value very quickly, but he didn't understand these things, so he could only sit there and watch.
The morning auction was almost over. The auctioneer checked the time and was getting a little anxious. He took out the list and looked at it for a moment before saying, "I'm sorry to take up everyone's lunch time. The last item is the auction of company shares. The first bidder is Linlang Food Processing Co., Ltd., with 76% of the shares. The starting price is 500,000, and each bid must be at least 50,000."
Six hundred thousand!
Someone in the front row has already made a bid.
"Seven hundred thousand!"
Lu Feng frowned as he listened to the rapidly rising numbers. Shi Lang's factory was still quite valuable, even larger than Qian Zhongnan's, and had a higher market value.
In no time, the price had reached 1.7 million. Lu Feng, who originally wanted to bid, had no choice but to give up. It was so easy to reach 1.7 million; it was unlikely that it would go up to 2.5 million or more.
As expected, the deal was eventually sold for 2.95 million, which included ownership of the factory, land, machinery, market, and products.
It was bought by a machinery manufacturing company from another region.
"Don't be discouraged if you didn't win the bid. Next up is Zhongnan Food Processing Co., Ltd., 51% equity, starting price 500,000, and each bid must be at least 50,000."
Six hundred thousand!
Many people were whispering among themselves, feeling that this factory was not as profitable as Shi Lang's, and that the factory was smaller than Shi Lang's. Most importantly, the 51% equity stake was very risky.
"Seven hundred thousand!"
"Seven hundred and fifty thousand!"
"Eight hundred thousand!"
Lu Feng glanced at the auction and saw that there were two people bidding: one was Boss Han, who used to work for Master Jin, and the other looked somewhat similar to Qian Zhongnan, and they seemed to be relatives.
Clearly, Qian Zhongnan has not given up and wants to take the factory back. However, he owes the bank too much money and cannot pay it out in the short term. He has probably raised some funds and wants to bid for it back.
"I bid 850,000!" An auctioneer stood up and looked at President Han.
"Please sit down and do not disrupt the order of the auction, otherwise you will be disqualified from bidding." The auctioneer noticed something and reminded him sternly.
Mr. Han, who had originally intended to raise the sign, put it down, clearly giving Qian Zhongnan face.
"850,000, is there any higher figure?"
"I'll bid one million!" Lu Feng said, raising his hand.
"Whoosh!"
The audience was in an uproar and turned to look. When they saw Lu Feng, they seemed relieved. There were rumors that he had an ambiguous relationship with Qian Zhongnan's wife, and that the remaining shares were in his wife's possession, so it would be safe for him to get them.
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