My courtyard shelter

Chapter 337: Participating in the Auction

As an old fox in the shopping mall, Boss Zhen can naturally tell that Dad Xu is telling the truth. This is the first time he has gained such trust since the company went bankrupt.

If I say in my heart that I am not moved, that would be a lie!

"Dr. Xu, let me toast you."

"Don't call me Dong Xu, just call me Lao Xu!" Father Xu laughed.

"Okay, Lao Xu, one of our brothers will go."

"bump……"

Father Xu picked up a piece of small yellow croaker and bit into it. It was crunchy.

"Lao Zhen, how much is the valuation of your new company?"

Boss Zhen stretched out his hand and said, "No more, no less, a full fifty million."

"Brother Zhen, it's not that big of a deal. A company as big as your Chacha Group only has so few assets left now?" Father Xu said in surprise.

Boss Zhen smiled bitterly.

“I don’t blame anyone for this, it’s all my fault in decision-making.

In the past few years, the group's performance was sluggish, so I invested most of my working capital in the stock market. Tens of billions of dollars were invested in each of the popular sectors such as electric vehicles, new energy, and biomedicine.

I don’t need to say more about what comes next. The domestic stock market has never been open since the big flare. In addition, the drought continues to worsen. Due to the lack of liquidity, it is surprising that it can survive. "

"So, the money in the stock market cannot be withdrawn for the time being?"

"Not only cannot they be withdrawn, many companies have gone bankrupt. Even if the stock market reopens in the future, most stocks will have become worthless."

"So miserable?"

Father Xu was very sorry. That was a huge sum of tens of billions of dollars, and it was wasted like this, without even a sound being heard.

"It's so miserable. I just scraped together this 50 million yuan."

Father Xu quickly realized: "That's not right. The production line you sold me, Lao Zhen, is more than 100 million. Don't you get the money?"

"I can only get 10%, and the remaining 90% will be used to repay bank loans."

"How much loan do you have left to repay?" Father Xu immediately became cautious.

"Don't worry." Boss Zhen quickly comforted him, "I've almost sold off all my fixed assets. With your payment, I can just pay it off."

Father Xu breathed a sigh of relief. This matter could be found out with a single investigation, and the other party should not lie.

"How about I invest 10 million?"

Last year's sharp rise in scrap prices allowed Hongtu Company to make a huge profit at the end of the year. Coupled with the income during the period after the year, it is not difficult to make up 10 million.

"Warm welcome, let's do this. I'll give you a round number and transfer 17% of the shares to you. What do you think?"

Boss Zhen immediately nodded and agreed. This amount was just right, and it would not affect his absolute control of the company, but also leave enough room for future financing.

Father Xu nodded.

"Then I wish us a happy cooperation!" Boss Zhen was in a good mood and raised his glass with a smile.

“Happy to work with!”

The matter was settled in this way. As for the follow-up, that was the job of the subordinates.

In the blink of an eye, at the end of the month, the bread production line has been packed and shipped back to Beijing.

Dad Xu has been feeling a bit happy and reluctant to think about his childhood, so he followed Boss Zhen into a new company. The full name of the new company is Yuhuan Xinke Seaweed Breeding Co., Ltd.

Referred to as Xinke Seaweed.

The company's address is not located in Qiantang City, the capital city, but a county-level city in Linhai. However, I heard that this place will soon be upgraded to a prefecture-level city, and the development prospects are still good.

In the new company, Dad Xu was working hard to learn about seaweed farming while following Boss Zhen, tirelessly absorbing the other person’s thirty years of business experience.

Although it was only a short week, he still gained a lot, and the relationship between the two quickly transformed from a mere partner to a like-minded confidant.

The last day of March.

Under Ye Hui's repeated urging, Xu's father and others finally got on the high-speed train back to Beijing.

At this time, Xu Dong was preparing to participate in the auction held by Yanjing Customs. The invitation letter had been issued, the auction catalog had been read, and the target had of course been selected in advance.

Today happened to be Sunday, and there were not many pedestrians on the street, but Xu Dong had to pass carefully every time he passed a grain store.

Because there were several lines of people queuing up at the entrance of major grain stores, many of whom were carrying bedding and tents.

Tomorrow, new ration quotas will be released. Taking advantage of the abundant food supply at the beginning of the month, everyone wants to exchange for more coarse grains, including wheat bran and soybean meal.

In short, a full stomach is better than anything else.

Many people are prepared for the worst and want to take the opportunity to stock up on more food. The feeling of starvation is really uncomfortable. Most people have never experienced hunger and cannot bear the pain.

At 9:30 in the morning, Xu Dong handed over the invitation letter and successfully completed the registration procedures. This is a guest house under the General Administration of Customs, no smaller than a five-star hotel.

However, the layout of the scene was very simple, no different from an ordinary university auditorium, but there were quite a few people coming, a total of three to four hundred people.

Because of his lack of experience, Xu Dong deliberately got close to an old lady on the left side of the seat. After some observation, he found that the other party was very familiar with this place and should be a regular visitor here.

"Sister, do you want to eat sweets?"

The elder sister's eyes lit up and she quickly took a handful of candies from Xu Dong's hand. Her attitude suddenly became enthusiastic, and then she asked three questions in succession:

"Brother, what's your surname? Which company do you belong to? I don't think I've seen you before?"

"Shuangren Xu, Xu Dong, from the Municipal Power Company, you have a good eye, sister, this is indeed my first time here, I don't know anything about this place, I just want to ask you about the situation here!"

Xu Dong was very humble.

The sister was a talkative person at first glance, and she introduced herself directly:

"My last name is Wang, you can call me Sister Wang, I work at the Municipal Bus Company. To tell you the truth, I come to this kind of auction almost every time, you finally asked the right person."

"Sister Wang, you must have bid for a lot of things, right?"

Unexpectedly, Sister Wang shook her head: "Every time I come here, I only bid for one kind of product, and I don't actually bid for many."

"What product?" Xu Dong asked curiously.

"Engine."

Thinking of the other party's identity, Xu Dong suddenly realized that there are 100 million people in the city now, and there is a lack of private cars, and the pressure on public transportation is very high.

As for building new cars, it is impossible to produce them in a short time, so we can only "patch them up" and survive for the next two or three years.

Therefore, for the bus company, there are never enough engines, so naturally they accept all the engines, the more the better.

"Sister Wang, have you ever bought personal items?" Xu Dong asked in a low voice.

Sister Wang smiled and nodded: "I have snatched a few boxes of red wine. I won't hide it from you. Red wine is very popular in the market now. As long as you have a good eye, you can make a little profit."

ps: Please recommend and monthly tickets!

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