Chapter 211 All Indicators Cleared
On Wednesday, all the change procedures for Jietong Taxi were completed.

The scalper fee of several thousand yuan is exchanged for a geometric increase in efficiency.

Qin Jianshe had been eagerly waiting for this. As soon as the paperwork was completed, he quickly paid the remaining balance according to the contract and obtained all the necessary documents for the new company.

The current taxi quota system is very similar to a speculative stock with a small total market capitalization but a skyrocketing share price; the slightest disturbance will cause the entire market to react immediately.

Qin Jianshe burst in like a catfish, acquiring over seventy quotas in one go. As soon as Jietong Taxi announced its prices, market confidence immediately surged again.

For any industry or market, as long as there is still strong buying interest, the market will continue to rise.

Everyone knows that Qin Jianshe bought Jietong Taxi for 8.4 million yuan, and he only had one thought in his mind: the price of the license plate quota will continue to rise!

Today, the market price has definitely exceeded 210,000. Qin Jianshe's friend, who was eyeing Jietong Taxi, even offered a premium of 500,000.

The people of Wenzhou were greatly encouraged. Their chips, on average, were only worth tens of thousands of yuan, so they were the ones who profited the most.

After meeting Chen Cheng, Qin Jianshe began to set his sights on another forty quotas.

In an attempt to get closer to Chen Cheng, he specially invited Chen Cheng and Huang Niu to lunch, hoping to discuss the forty quotas.

Chen Cheng didn't refuse, because his offer was indeed higher than that of the Wencheng people, and it would definitely be more appropriate to sell these forty quotas to him.

Three days passed, and the price continued to rise, so Qin Jianshe offered Chen Cheng a price of 220,000 yuan, including the license plate and the car.

Chen Cheng wanted to wait a little longer, but a midday news report on the hotel's television caught his attention.

The news reported that Jiangcheng failed to pass the national civilized city selection this year, but was awarded the title of provincial civilized city. The city has decided to go all out to prepare for the national civilized city selection again.

The whole process of Wuhan being named a National Civilized City could have been made into a TV series in its entirety.

Starting in 2000, they fought and failed repeatedly, but they persevered until they finally won the award in 2015.

The reasons for each rejection were different, but Chen Cheng was certain that the rickshaws that roamed around the city were indeed a huge obstacle to creating a civilized city.

Starting at the end of 2002, the municipal government decided to address various issues in a targeted manner, one of which was the three-wheeled vehicles.

The city has two approaches to dealing with three-wheeled vehicles: one is to regulate them, and the other is to reduce their market share.

This led to the policy of reducing taxi fares. Currently, the starting price for three-wheeled vehicles ranges from three to five yuan. Therefore, the municipal government later took a one-step approach and reduced the starting price of taxis to three yuan per kilometer in order to squeeze the market for three-wheeled vehicles.

This move was very effective, but taxi drivers were dissatisfied because the lower starting fare affected their income.

However, faced with the general trend of creating a civilized city, taxi drivers have no choice but to accept it, even if they are dissatisfied.

Judging from this, since the city was not selected as a National Civilized City this time, a relevant internal meeting will be held soon.

Generally, this kind of thing is divided into several stages. The first stage is to determine the direction of the problem-solving, the second stage is to discuss the solution, and the third stage is to determine the solution and announce its implementation.

Chen Cheng believes that the policy will likely be rumored during the discussion phase, and there will be rumors circulating even before the official announcement. This will definitely affect the price of the license plates. Once the news comes out, whether through official channels or rumors, it indicates that the market for taxi license plates has reached its peak.

The current progress is most likely in the first stage. If we continue to wait, and if we don't control the pace well and it enters the second stage, the price will be affected.

So he said to Qin Jianshe, "Uncle Qin, I originally planned to sell it in November. If you are interested, give me a reasonable price and we can transfer the ownership tomorrow."

Qin Jianshe pleaded, "Little Chen, I'm really strapped for cash right now. 220,000 yuan each, I have to borrow money from all over the place just to afford it..."

Chen Cheng said, "Uncle Qin, I won't give you a discount of twenty-three. I'll wait for you to bargain. If you add five thousand per car, that'll be two hundred and twenty-five thousand. Forty cars will make it a round number, nine million."

Qin Jianshe was secretly delighted.

I offered 220,000, but I didn't expect to close the deal at that price.

It was designed to leave room for Chen Cheng to add another bite.

Chen Cheng was quite generous, adding five thousand yuan per car, which was already a very generous gesture.

Without hesitation, he agreed, saying, "Okay, you're so straightforward, and I'm just as straightforward. Two hundred and twenty-five thousand, can the transfer be completed this afternoon?"

Chen Cheng asked him, "Are you in such a hurry?"

Qin Jianshe smiled and said, "It's better to do it sooner rather than later! If you're free this afternoon, I'll go prepare the money, and we'll meet at the vehicle management office then."

Chen Cheng had classes in the afternoon, but he skipped them to earn money, so he said, "Uncle Qin, get ready to call me."

"no problem!"
-
On the way back to school from the restaurant, Chen Cheng also wondered if Qin Jianshe would be able to accept the possibility of failing to meet the targets of over a hundred projects.

But then I thought, isn't that how the market works? There will always be people buying at the top and getting stuck at the bottom. The market has already reached this price level, and anyone who buys in will probably lose money. As long as you bought in voluntarily, you can't blame anyone else.

In the afternoon, Qin Jianshe raised the funds and called Chen Cheng.

Chen Cheng skipped a class and took a taxi to the vehicle management office. All forty license plates were for individuals, so the transactions weren't complicated; it just meant that all forty vehicles had to be driven over one by one.

Fortunately, the scalper was reliable. After lunch, he gathered some friends to help him transfer the vehicles, and managed to get all forty taxis to the vehicle management office.

Because the commotion of forty cars was so great, many people who were buying license plates gathered around to watch the excitement. When they learned that someone was offering forty license plates at once, the scene immediately erupted into a bidding frenzy.

These people couldn't handle so many quotas on their own, and even wanted to gather a few others to take all forty quotas together, which would increase the price by another 5,000 yuan on top of the 225,000 yuan.

Chen Cheng consulted with scalpers and learned that the main problem was that the price of quotas was soaring, and everyone was holding onto them and unwilling to sell. The number of quotas traded each day was not enough for each of these scalpers to get one. Someone like him, who was selling forty quotas directly, was seen as a fat sheep by others.

Chen Cheng understood another meaning of "fat sheep" to be "fool".

The market conditions that followed will catch everyone off guard, including those in Wenzhou who are still waiting for the best time to make a move.

Fearing that Chen Cheng might change his mind, Qin Jianshe took Chen Cheng to the bank to transfer the money before the transfer process even began.

After receiving nine million in cash, Chen Cheng transferred another two million four hundred thousand to Yan Ruoxuan.

The accounts are now all settled.

After transferring the money, the two returned to the vehicle management office to complete all the formalities. Qin Jianshe was overjoyed, holding the relevant documents for forty vehicle registration quotas.

He insisted on taking Chen Cheng to school, but Chen Cheng politely declined.

Before leaving, he shook hands with Chen Cheng and said with a smile, "Little Chen, thank you for your generosity. I'll treat you to a meal sometime!"

Chen Cheng smiled and instructed him, "Uncle Qin, you have to be careful when you make your move, or you'll end up with nothing."

"rest assured."

Qin Jianshe smiled smugly and said, "Uncle knows what he's doing. He'll act decisively when the time is right, without any hesitation!"

Chen Cheng nodded, said goodbye, and took a taxi back to school. 50.
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Yan Ruoxuan's parents already knew about the 2.4 million yuan that had been deposited into her account before she even knew it herself.

Chen Cheng treated everyone equally, paying 20% ​​interest to every woman who lent him money, which truly impressed Yan Ruoxuan's parents.

After discussing it, the couple decided that Yan Chengbin would call Yan Ruoxuan on their behalf.

Yan Ruoxuan had just finished class and hadn't seen Chen Cheng return, so she walked back to her dormitory while answering a phone call.

On the phone, Yan Chengbin asked her, "Xuanxuan, have you been spending a lot of time with Chen Cheng lately?"

Yan Ruoxuan asked warily, "Dad... what do you mean by 'getting close'?"

Yan Chengbin said, "Is it just that we communicate a lot in private?"

Yan Ruoxuan asked in confusion, "There are quite a lot, what's wrong?"

"That's it."

Yan Chengbin explained, "Your mom and I have been following his Renren (a Chinese social networking site) account, and we think it's pretty good. You can ask him privately if he wants to raise funds. If he does, Dad is planning to invest in him."

"Really?"

Yan Ruoxuan was pleasantly surprised and asked, "Dad, how much are you planning to invest?"

Yan Chengbin laughed and said, "It's not up to me to decide. It depends on how much he wants and what the valuation is."

Yan Ruoxuan then said, "Then I'll ask Chen Cheng later. He skipped the last class this afternoon and hasn't come back yet."

After saying that, Yan Ruoxuan said, "I'll call him and ask him later."

"Row."

Yan Chengbin said, "If he is interested, Dad will take some time in the next couple of days to go to Jiangcheng and meet him."

At this point, Yan Chengbin added, "By the way, tell Chen Cheng that although Dad doesn't have the same industry advantages as those venture capitalists, he can offer a higher premium. Tell him to think it over carefully."

"Okay, Dad, I'll tell him right away!"

Yan Ruoxuan was overjoyed and immediately called Chen Cheng after hanging up with her father.

Chen Cheng had just returned to the commercial street and was about to check on the progress of the second-floor renovation when he heard Yan Ruoxuan say that her father was interested in investing in Xiaonei.com, which surprised him.

He had talked to Yan Ruoxuan before and knew that her family ran a physical business, but he didn't expect her to be interested in internet products.

As for financing, he wasn't in a hurry for the time being. He had sold all his targets and had tens of millions in hand, so he wasn't in a rush to raise funds in the short term. So he said to Yan Ruoxuan on the phone, "I promised the investment manager at IDG that if I contacted IDG first with the investment, I wouldn't want to break my promise. How about this, I'll find some time to connect with them. No matter how the talks go, we won't make a decision in a hurry. We'll talk to Uncle about it later."

(End of this chapter)

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