Chapter 458: The preliminary selection event has more details.



At the end of March, Chu Yu's real estate company was established.

She named the company Huachu Future, which is similar in meaning to Hualai.

Because there are very few companies registered in mainland China, and even fewer real estate companies, the name Huachu Future is unique.

Chu Yu registered successfully in a very short time.

She was riding her bicycle through the campus, heading to her company to take care of some business. Just as she reached the school gate, she saw two familiar faces.

"Little sister-in-law!"

That flippant voice belonged to none other than Qin Weidong, who worked in real estate in the port city.

Chu Yu smiled at him, "Why are you back? Did you finish dealing with things in Hong Kong?"

"The project is nearing completion, all the houses have been sold, and some staff members have been left to help with the follow-up matters. I didn't have anything else to do, so I came back."

Mi Fei also greeted Chu Yu, then took out a newspaper and handed it to her, saying, "Sister-in-law, have you heard? Pengcheng has undergone land reform!"

Chu Yu's expression remained unchanged. "Oh? Land reform?"

"This reform is different from the previous land reform. This time, Shenzhen will use public auctions to transfer land use rights, which means we can develop real estate projects in the mainland! Sister-in-law, think about it, how many people are there in China? So many people, yet housing is very tight. It's unrealistic to rely on work units to allocate housing. The country has realized this, which is why it has adopted the land auction method to sell land and let developers build communities."

Chu Yu knew, of course, that this foreshadowed the rise of the real estate industry.

She also knew that the land auction was scheduled for early December.

How could he not know? Chen Baifu was in Shenzhen pulling strings, and he received the news before the plan was even finalized.

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