Chapter 503: Taking Over the East Jiang Second Bridge Old City Renovation Project

Chen Bing couldn't help but admire Chen Yang; even from a distance he could attract hatred. The key is, he even forced Deputy Secretary Wang's arrogant nephew to go abroad.

However, what he found even more surprising was that, when Chen Yang was gambling at Worry-free Residence, his bank account actually had no payment records.

In other words, Chen Yang was playing the 'get something for nothing' game.

That way, even if Worry-free Residence later paid out the gambling funds, there would be no way to prove Chen Yang participated in gambling.

"Chen Yang, when you were gambling at Worry-free Residence, was there any video recording on site?"

"I don't know." Chen Yang shook his head. Given his understanding of Yexin, even if there were recordings they would have been destroyed long ago. But since it concerned Yexin's fate, in front of Chen Bing he still chose to keep silent.

Chen Bing thought for a while, then went out to make a call. Fifteen minutes later he walked back and said to Chen Yang, "Your matter has been settled; the higher-ups' opinion is to focus on education. I hope you learn from this experience and don't go astray again."

Chen Yang let out a long breath, and when leaving the police station he felt much more relaxed all over.

After returning to the villa, he called Liu Jianghua. "Brother Jie, regarding the gambling incident at Worry-free Residence last time, have the relevant authorities come looking for you?"

"They did come, but I've always had financial dealings with Worry-free Residence, the winnings weren't much, so I handled it through legal channels. The real trouble is your funds…… wait, wrong, you kid can so easily call me, looks like you're fine too. Ah, as expected, being a big shot next to the governor, having connections makes things easy!"

Chen Yang gave a wry smile and said, "What's good about it? That mess of the East Jiang Second Bridge has been dumped on me."

Upon hearing this, Liu Jianghua immediately got excited. "Chen Yang, the location of East Jiang Second Bridge is so good, how can it be called a mess! Take on the project first, I'll handle the follow-up."

Chen Yang reminded him, "The demolition work on East Jiang Second Bridge is not easy. Those people led by Wang Haifeng have been messing around there for months with no progress. Do you think just going there will solve the problem?"

Liu Jianghua said, "Our company conducted a survey there; as long as you promise the same demolition compensation as East Jiang New City, over eighty percent of people are willing to move."

Chen Yang hadn't expected Liu Jianghua to have already prepared the groundwork for the East Jiang Second Bridge old city renovation project; he blurted out, "Brother Jie, why don't you just take over this project yourself?"

Liu Jianghua let out a light sigh and said, "I would like to take on this project, but they only recognize your brand! Moreover, my funds are far from enough."

Chen Yang rubbed his forehead. Having learned from East Jiang New City, he didn't want to move too much funds inland. If another official's second-generation heir took an interest, there would be more trouble.

He thought for a moment, then had an idea. "Brother Jie, why don't we gather the allies of the East Jiang Business Alliance and undertake this project together?"

"Good!" Liu Jianghua immediately agreed to Chen Yang's proposal.

After hanging up, Chen Yang summoned all members of the East Jiang Business Alliance except Yexin to his villa, then announced the plan to jointly undertake the East Jiang Second Bridge old city renovation project.

Everyone listened, felt excited, and approved Chen Yang's proposal. Of course, there were also some objections.

Huang Baiying said very worriedly to Chen Yang, "Chairman Chen, the East Jiang Second Bridge project is great, but besides you and Chairman Ye, we don't have much funds. Raising a hundred billion yuan will be difficult!"

Chen Yang said, "A total investment of one hundred billion doesn't mean we have to come up with it all at once! If everyone feels their funds are tight, I have a proposal; I don't know if you agree."

Huang Baiying immediately asked, "Chairman Chen, are you planning to take us to the stock market to make some connections?"

Chen Yang nodded and said, "Let's first set up a company, with each member contributing one billion yuan. Then, under the company's name, we'll operate in the stock market for a month. After a month, if the funds can double, we'll take that money and get a partial loan from the bank. That should roughly cover the project's startup funds."

Everyone present had complete trust in Chen Yang's stock‑trading ability and immediately agreed to the proposal.

One week later, the East Jiang Business Alliance Investment Company was officially established. Except for Yexin, who did not participate, Chen Yang, Liu Jianghua, Huang Baiying, Zhao Feiyang, Zhou Baolin, Chen Chong, and Hu Jiahao each contributed one billion yuan, while Qi Yunxiang invested one billion yuan in the name of Xingcheng Securities.

After the funds were in place, Chen Yang temporarily assigned Lan Qiyun to handle the trading. He reminded her to focus on the leading stocks in the relatively active sectors of machinery engineering, petrochemicals, crystal elements, real estate, finance, and baijiu.

Lan Qiyun's stock market intuition was already sharp; after Chen Yang pointed out the direction, her efficiency instantly doubled. In one month, the eight billion yuan grew to sixteen billion.

Chen Yang took this funds and made the rounds of the major banks in Xingcheng, eventually scraping together thirty billion.

On June 10, Chen Yang posted a notice on the official website of Ordinary People's Financial Investment Company, announcing that the company would jointly develop the East Jiang Second Bridge old city renovation project with the East Jiang Business Alliance. Regarding the compensation plan for the East Jiang Second Bridge old city renovation project, it would match the compensation standard of East Jiang New City on an equal basis.

After the announcement, the Ordinary People's Financial Investment Company quickly became the focus of major portal websites.

Within one year, investing 250 billion yuan in real‑estate projects in the same city — such a move is unmatched even nationwide!

The online buzz quickly reached Liu Jianghua's ears, and consequently Chen Yang was summoned again to the governor's office.

"Chen Yang, you've handled the East Jiang Second Bridge old city renovation project very well. I hope you continue to strive and build a beautiful home for the people of Xingcheng."

"Governor, rest assured, I will not let down the mission!"

"Really? Then why is the progress of Phase I and Phase II of East Jiang New City getting slower and slower?"

"Governor, sharpening the knife does not delay the woodcutter. First we must complete all supporting facilities; once the residents move in, we can avoid a lot of trouble."

"You little brat, saying all this, you're not trying to stall until housing prices rise before starting construction, are you?"

"Governor, I swear by heaven and earth, I am truly considering the bigger picture."

"Hmph, don't give me excuses. I'm giving you one and a half years; you must complete Phase I and Phase II of East Jiang New City."

"Alright, I'll follow your orders!"

Chen Yang noticed that after Liu Jianghua became governor, his style had changed dramatically.

Before, he would first seek Chen Yang's opinion, and if Chen Yang disagreed he wouldn't insist. Now he simply issues orders, allowing no refusal.

After leaving the governor's office, Chen Yang made a trip to the Xingcheng Women's Prison.

After Deputy Secretary Wang fell from power, Yexin still could not escape legal sanctions and was sentenced to three years.