Chapter 820: He Yuzhu Secures the Land

As soon as He Yuzhu arrived at the scene, he saw Zhao Jing, the agent for Cheng Shao.

Zhao Jing glanced at He Yuzhu, his face full of disdain.

He Yuzhu had no idea where he got his confidence from.

At this moment, he had already plotted a grand strategy in his mind.

Even Wang Pangzi and Hu Bayi were not truly told his thoughts, for fear that their expressions would betray his plans.

This time, the moment he arrived here, he completely overturned his previous ideas.

Now, with the large amount of US dollars he had obtained from Babylon, he could completely rely on this money to build a brand-new development zone; why bother fighting for those plots in the core area?

He had experience in building development zones when he was young; now, building his own foundation with his own hands, wouldn't it be as easy as turning over one's hand?

He could even invite his old friends from Guangdong Province to come here and help.

This time, he also wanted to do a favor for Secretary Liu.

He did not want all sorts of small fry to come here and get a piece of the action; to play, one had to have big capital to get to the table.

The auction began, and the first item up for bid was a 50-mu plot of land with an excellent location, especially suitable for building a hotel, and very close to the commercial district and the City Government.

The starting price was 700,000 per mu, and He Yuzhu did not bid at the beginning.

Xu Damao asked, "Zhuzi, are we not taking this land?"

"It's not that we don't want it, it's that we don't need to bid first. Let's wait until no one else is competing, then we'll bid," He Yuzhu said.

Zhao Jing was the first to raise his paddle, bidding 750,000 directly.

Immediately after, Boss Wang's Shengyuan Real Estate followed up with a bid of 900,000.

Zhao Jing did not hesitate and called out 1,000,000 directly.

After raising his paddle, he stole a glance at He Yuzhu, putting on an air of being determined to win.

The auctioneer shouted, "1,000,000 for the first time, 1,000,000 for the second time—"

Before the words had faded, He Yuzhu raised his paddle directly: "1,500,000."

The moment he raised the paddle, the entire venue fell into instant silence.

The same thought popped into everyone's mind present: Who is this? This is simply smashing everyone's rice bowl! Who bids by jumping from 1,000,000 straight to 1,500,000? With such a price hike and such a high price, how will land in the city center be auctioned off later? Almost every real estate boss attending the meeting was holding back a breath of anger.

Zhao Jing was completely stunned.

He turned his head to look at the representative of Boss Li beside him.

Those two also kept shaking their heads, whispering in Yue dialect: "We can't take it anymore, this price has already exceeded our expectations too much."

Zhao Jing gritted his teeth and cursed inwardly: "Damn it, does this grandson have too much money and nowhere to spend it?"

With no other options at the moment, he could only quickly take out his phone and call Cheng Shao behind him for instructions.

But the auctioneer did not wait for him to consult, continuing to loudly go through the gavel process: "1,500,000 for the first time, 1,500,000 for the second time, 1,500,000 for the third time. Sold!"

Just like that, He Yuzhu successfully secured this 50-mu treasure plot.

Xu Damao was dumbfounded on the spot and leaned over anxiously: "Zhuzi, how can you bid like that? We effectively spent twice as much money."

He Yuzhu spoke calmly: "You shareholders should discuss it well. If you think it's expensive, then this plot will belong to me personally."

The few had already divided the equity beforehand: He Yuzhu held 30% alone; the remaining four each held an average of 17.5%.

Hu Bayi did not hesitate at all and spoke firmly: "I don't care about others; Master He must have his reasons for doing this, and I firmly support him."

Wang Pangzi also stated: "I support it too."

He Yuzhu patted Xu Damao on the shoulder and said, "You keep watching. In the end, this plot of ours will be the cheapest."

Immediately after, the second plot of land officially went up for auction.

This was a 200-mu plot of land with a starting price of 600,000 per mu. As various parties competed, the price quickly rose to 900,000 per mu.

Just as everyone was in a stalemate, He Yuzhu raised his paddle directly and called out 1,200,000 in one go.

The auctioneer immediately shouted: "Liushi Trading Company bids 1,200,000 for the first time, 1,200,000 for the second time—"

Because Zhao Jing had just received authorization, he immediately raised his paddle to increase the bid upon seeing this: "1,300,000."

He Yuzhu did not hesitate at all and followed closely: "1,400,000."

The auctioneer continued to call the price: "Liushi Trading Company 1,400,000 for the first time, 1,400,000 for the second time—"

Just as the gavel was about to fall, Zhao Jing raised his hand again and directly reported a higher 1,500,000.

But then, a strange scene occurred: He Yuzhu remained seated in his original position and did not raise his paddle to increase the bid again.

The auctioneer shouted loudly: "Xindadu Group 1,500,000 for the first time... 1,500,000 for the second time... 1,500,000 for the third time."

The wooden gavel fell heavily, and the dust settled.

The company under Young Master Cheng finally bought this 200-mu plot for a total price of 300 million.

This also meant that the 50-mu plot He Yuzhu had previously secured was not only better located than this one, but also more suitable for building a five-star hotel and high-end office buildings; while this large 200-mu plot was only suitable for developing ordinary residential housing.

However, judging by the buildings already constructed around this plot, the future selling price would inevitably remain high, far exceeding the existing housing prices in the surrounding area.

Although Zhao Jing had successfully obtained the land, he felt no joy in his heart, but rather full of grievance.

In fact, He Yuzhu had long known that in this lifetime, the land price here could never be hyped up to the sky-high price of five or six million per mu. Because Secretary Liu had already begun to formulate policies, and a series of regulatory measures would soon be introduced.

However, he was not afraid, because he was taking the land for development, not for speculation.

Cheng Shao was different; his grabbing of the land this time was meant for flipping it for profit.

Boss Li from Hong Kong was even more of a standard businessman; if he were asked to do something that didn't make money, he certainly wouldn't be willing.

If subsequent policies and regulations added land-idling clauses—if the land is bought and not developed for three years, the government has the right to take it back directly without compensation—then they might only be able to sell this land at a low price.

Looking at the small 50-mu plot in He Yuzhu's hands, the scale was just right, enough to develop a five-star hotel, supporting office buildings, and related commercial facilities; it was completely sufficient.

The City Government launched a total of four plots of land for auction this time.

The first was 50 mu, the second was 200 mu, the third was a 500-mu out-of-print treasure plot in the golden location of Haikou city center, and the fourth was a super-large wasteland far from the urban area, totaling a full 3,000 mu.

This plot was originally not in the auction plan, but because the funding gap for port construction was too large, the City Government had no choice but to temporarily push this wasteland out for auction to raise funds.

The auction for the third golden plot of 500 mu officially began.

After Zhao Jing had just secured that piece of land, the representative for Boss Li from Hong Kong had already clearly stated that they would no longer participate in the bidding for any subsequent land.

However, there were still two powerful large companies competing for this golden plot. One was Wang Laoban's Shengyuan Real Estate, which raised the starting price of 600,000 directly to 700,000 right at the start; the other was Feng Laoban's Hengji Industrial Development Company, which was not to be outdone and increased the bid to 1,000,000 in one go.

He Yuzhu sat in his seat and raised his number plate again: "1.4 million."