I chose one of four options at the start, and I chose the number one clan in Lingnan.

The provincial capital property rights exchange center is located next to the municipal building.

By 9 a.m., the parking lot was already full.

Bank creditors, environmental disposal companies, equipment recyclers, and several local real estate companies all came.

The auction of the giant chemical plant on the outskirts of the city is not just about selling the plant.

It has over 300 acres of industrial land, 27 factory buildings, two sewage treatment systems, six pipe corridors, 48 ​​reaction vessels, and a pile of debts and environmental rectification requirements.

Ordinary business owners will withdraw their money as soon as they see debts.

Those who truly understand the industry look at the factory's framework.

When Lin Ting arrived, Lin Fu had already completed the bidding procedures.

Lin's seat was in the third row. In front of him were people from the bank and the property rights center. To his right sat the representative of the Su family's building materials, and behind him sat the remnants of the Bai family.

The person from the Bai family was named Xue Cheng, who was originally the deputy general manager of Bai's port assets department.

With Bai Zongming detained and Bai Yu hiding and not showing his face, no one in the Bai family dared to openly confront the Lin family, so they pushed Xue Cheng forward.

Xue Cheng brought seven or eight people with him, their suits adorned with badges of Bai's Port Affairs.

He saw Lin Ting come in, whispered a few words, and everyone around looked over.

Lin Fei stood behind Lin Ting and scanned the entire venue.

Lin Fu placed the bidding paddle on the table.

"Grandpa, the starting price is 320 million, with each bid increasing by 10 million. The deposit has already been verified."

Lin Ting sat down: "How much has the Bai family prepared?"

"Xue Cheng only has a little over 400 million in his account. His real goal is not to take over the factory, but to raise prices and cut off our cash flow."

"Where is the Su family?"

"They want to acquire the land. They don't understand factories, and they want to turn the land into a warehouse park."

The auctioneer went up on stage and read out the rules.

The full name of this chemical plant is quite long: the old plant assets of Jiangnan Huasheng New Materials Chemical Co., Ltd.

Production was suspended for two years due to inadequate environmental rectification.

The buyer must arrange for the resettlement of employees and complete environmental protection upgrades within one year, and must not change the industrial use without authorization.

After the rules were read aloud, the auctioneer struck the starting button.

"Three hundred and twenty million, bidding begins."

Lin Fu holds up a sign.

"Three hundred and thirty million."

Xue Cheng followed suit.

"Three hundred and forty million."

The Su family representative looked at the documents and also raised his sign.

"Three hundred and fifty million."

The initial rounds saw rapid increases, with equipment recyclers withdrawing after reaching 400 million and real estate companies ceasing to participate after 450 million.

The Su family representative, after agreeing to pay 510 million, began discussing the matter with the people next to him.

Xue Cheng followed.

"520 million."

"Five hundred and thirty million."

"Five hundred and fifty million."

Lin Fu would only add ten million each time, without rushing or looking around.

The murmurs in the meeting room grew louder and louder.

The owner of an environmental remediation company said in a low voice, "The renovation of this factory will cost at least 200 million yuan. If we bought it for more than 500 million yuan, we won't break even in ten years."

Someone nearby replied, "The Lin family has just taken over three hospitals, and now they're going to buy a chemical plant. They're expanding their operations too much."

Upon hearing these words, Xue Cheng's lips twitched.

He held up a sign.

"Six hundred million."

The auctioneer looked toward the Lin family's seat.

Lin Fu held up a sign: "Six hundred and ten million."

Xue Cheng didn't stop: "Six hundred and fifty million."

The Su family representative put down the sign.

This price has exceeded their initial expectations for acquiring the land.

Xue Cheng turned to Lin Ting: "Grandpa Lin, although the Bai family has encountered some trouble, their assets in the provincial capital are still intact. If you want to take over the factory, you'll have to ask the Bai family if they'll allow it."

Lin Ting ignored him.

Lin Fu holds up a sign.

"Six hundred and sixty million."

Xue Cheng got 700 million.

Lin Fu added 710 million.

Xue Cheng then increased it to 750 million.

The number of people sitting in the arena began to decrease, and those who had left were not in a hurry to leave, staying to watch the Lin family and the Bai family fight.

The auctioneer announced: "Seven hundred and fifty million, once."

Lin Fu did not immediately raise his sign. He picked up his phone and glanced at the bank's capital verification page.

Xue Cheng thought the Lin family was stuck and smiled.

"Grandpa Lin, are you running out of cash? You can't cash out the port stocks, and the hospital is a debt trap. There are many people in Tazhai, and money doesn't grow on the ground."

Lin Fu looked up: "President Xue, is the additional verification channel at the Property Rights Center still open?"

The auctioneer paused for a moment and looked at the staff member next to him.

The staff member nodded: "Bidders can increase their deposit and verification amount."

Lin Fu projected an electronic voucher onto the large screen in the venue.

The Lin family account held a 1 billion yuan bidding deposit.

The funds come from three sources: a stock pledge credit line from Baishi Port, an equity credit line from Linshi Medical, and the remaining portion of the Mitsui compensation supervision funds.

The bank's witness stamp and the property rights center's verification stamp are both on it.

No one in the hall spoke.

Xue Cheng's smile froze on his face.

Lin Fu holds up a sign.

"Eight hundred million."

Xue Cheng kept his hand on the number plate, but didn't raise it.

The person behind him hurriedly whispered a reminder: "Mr. Xue, you can't keep bidding. If you do, your deposit won't be enough, and you'll be held accountable for malicious bidding."

Xue Cheng gritted his teeth and slammed the sign back onto the table.

The auctioneer waited a few seconds.

"Eight hundred million once."

"Eight hundred million twice."

The Bai family's seat remained unchanged, and the Su family representative also closed the documents.

The auctioneer raised his gavel, and just as it was about to fall, the back door of the venue was pushed open.

A young man walked in.

He was wearing a dark gray suit, followed by two assistants. The assistants carried supplementary bidding documents and walked straight to the auction table.

The young man spoke with a Beijing accent.

"This auction is suspended for now."

The auctioneer frowned: "Sir, the bidding has entered the hammer-down phase. Which organization are you from?"

The assistant handed over the documents.

"Beijing Changheng Industrial Fund has temporarily obtained bidding qualifications. We are willing to acquire the Huasheng old factory area asset package at double the highest price in this round."

The meeting room erupted into chaos.

Xue Chengxian stood up: "Double? Sixteen billion?"

The young man didn't even look at him; he only stared at Lin Ting.

"The Lin family can't take this factory away; the Beijing project team wants it."

The director of the property rights center came out through a side door, took the documents, looked at them twice, and his expression turned very ugly.

The auctioneer lowered his voice and asked, "Director, this is not in accordance with regulations."

The director did not answer immediately.

The young man sat down in the last empty seat and gestured for his assistant to place the bidding paddle.

"Rules can be rectified, but the money must be in place first. Sixteen billion, full payment upon verification."

Lin Fu whispered, "Grandpa, this person isn't from the provincial capital's social circle. The records say he's Gu Ting, a member of a collateral branch of the Gu family in Beijing."

Lin Ting leaned back in his chair and picked up the price increase meter on the table.

The young man smiled.

"Lin Ting, is it? Don't try to compete with money from the capital."

Lin Ting pressed the bid-increase button and looked at the auction stage, saying, "Let's start with two billion."