Yu Yehua smiled and said, "Binglan has good taste."

Shen Ze paused slightly as he held the teacup.

Yu Yehua seemed not to notice, and continued, "She's been stubborn since she was little, and once she's made up her mind, it's hard for others to change it."

Shen Ze put down his teacup: "She's fine."

The simple three words made Yu Yehua's smile even wider.

Although the other business owners nearby couldn't hear everything, they could tell that the two were having a very pleasant conversation.

"Chairman Yu actually chatted with Shen Ze for so long."

"This doesn't sound like a normal greeting."

"Just who is Shen Ze? Chairman Yu isn't someone you can just give face to easily."

"It seems that the younger generation in Shanghai really needs to be re-ranked in the future."

Backstage in his office, Shen Jianjun had no interest in listening to the discussions outside.

The auction house manager stood in front of him, holding the final auction proposal for the Qingnian Road plot, looking somewhat troubled.

"Mr. Shen, two more companies have just withdrawn their applications."

Shen Jianjun's face darkened: "Why?"

The manager sighed: "I still think the risk of Qingnian Road is too high."

"Demolition in the old city is complicated, transportation is inconvenient, surrounding facilities are not keeping up, and development costs are too high."

"The market is tight on funds right now, and nobody wants to put their money into projects with uncertain return cycles."

Shen Jianjun clenched his fist.

He'd heard these words so many times they were practically calloused, yet every single one pierced his heart.

The Qingnian Road site cost 1 billion yuan to build back then, and now the starting bid is 200 million yuan, but nobody is willing to bid.

The manager continued, "Mr. Shen, I suggest lowering the starting bid from 300 million to 200 million."

Shen Jianjun suddenly looked up: "Fall back?"

"If we don't lower the price soon, it might become awkward."

The manager said, forcing a smile, "If no one makes a bid on the spot, the news will get out and be even more detrimental to Jianjun Group."

"The outside world is now watching to see if you can sell assets to save your life."

"If the auction for Qingnian Road fails, the banks and suppliers will have even less confidence."

These words were like a knife, cutting directly into Shen Jianjun's heart.

He certainly understood that what Jianjun Group feared most right now was not making less money, but rather the complete loss of market confidence.

If this auction goes through, even at a low price, at least we can recoup some cash and send a signal to the outside world.

The group is still trying to save itself and still has assets to sell.

But if it fails to sell at auction, that would be a real problem.

Shen Jianjun closed his eyes, his throat dry: "Two hundred million it is."

The manager breathed a sigh of relief: "I'll notify the auctioneer immediately."

Shen Jianjun leaned back in his chair, looking as if a part of his strength had been drained away.

He had no idea that the Youth Road he was now rushing to sell at a low price would soon be planned to have two subway lines.

Little did he know that this piece of land, rejected by the market, would rise in price five days later to the point where countless investors would fight tooth and nail for it.

At this moment, all he wanted was to cash out quickly and to help Jianjun Group hold on for a little longer.

The auction soon officially began.

The host took the stage, the lights came on, and the audience fell silent.

The first few lots were sold.

A painting by a famous artist started at eight million, and finally sold for thirteen million.

A downtown commercial property, with a starting bid of 60 million, was contested by several wealthy individuals, and finally sold for 85 million.

Another high-end clubhouse was also acquired by a local business owner.

The process is progressing smoothly.

Every time someone held up a sign, there was applause.

But the further they went, the more anxious Shen Jianjun became.

Because he knew that what truly determined today's success or failure was the land on Youth Road.

Finally, the auctioneer changed the documents.

Aerial photos of the Qingnian Road plot appeared on the large screen behind us.

The old town area features low-rise buildings, an outdated road network, and unremarkable surrounding businesses.

Judging from the pictures, there's really nothing appealing about them.

The auctioneer's voice rang out: "The next item is a prime piece of land on Qingnian Road, owned by Jianjun Group."

"The plot of land is located in the Qingnian Road area of ​​Shanghai's old city. The land use is for commercial and mixed development, and the relevant ownership is clear."

Starting bid: 200 million yuan.

"Each price increase will be no less than five million yuan."

"The auction is now open."

As soon as he finished speaking, the room fell silent, an awkward silence.

Many business owners were looking down at their documents, but none of them raised a sign.

Some people even leaned back in their chairs, clearly just watching the spectacle.

"Youth Road? Forget about it."

"The demolition of that area is a headache enough; who knows how long it will take to break even after investing so much."

"Two hundred million seems like a low figure, but the subsequent development costs are truly alarming."

"Jianjun Group itself couldn't hold on any longer, so it put the company up for sale. Whoever takes it on will be in trouble."

"Shen Jianjun bought it for 1 billion yuan back then, and now it's being auctioned off for 200 million yuan. That's really pathetic."

These voices, though not loud, pierced the backstage like needles.

In front of the monitor, Shen Jianjun's face gradually turned pale.

No one bid... Surprisingly, no one bid at all.

Even after the price was reduced to 200 million, the businessmen present were still unwilling to touch it.

The auctioneer waited a few seconds, then continued, "The starting bid for this prime location on Qingnian Road is 200 million yuan. Has anyone placed a bid?"

Still, no one raised a sign.

Shen Jianjun's palms were sweating, and his breathing became erratic.

If the ticket fails to sell, he's finished.

Jianjun Group is now desperately waiting for this money to save its life; suppliers are pressing for it, banks are watching closely, and the stock price is still falling.

If the auction for Qingnian Road fails, the outside world will simply assume that Jianjun Group has nothing left to sell.

When the time comes, everyone will push the wall down.

He sat in a chair backstage, his lips dry, and despair gradually surfacing in his eyes.

The auctioneer spoke for the third time: "Two hundred million yuan, is there anyone bidding?"

The silence lasted for several seconds in the meeting room.

Just as Shen Jianjun was feeling disheartened, a local tycoon in the third row finally slowly raised his sign.

"Two hundred and five million."

The voice wasn't loud, but it made Shen Jianjun, who was backstage, suddenly look up.

Someone has already sold!

Even if the price only increased by five million, at least it wouldn't have failed to sell.

Shen Jianjun let out a long breath, almost collapsing into his chair.

Many people in the hall looked at the tycoon.

"Mr. Zhao really dared to accept that."

"His family already had a project in the old town, and they probably wanted to gamble on the area's redevelopment."

"He's just testing the waters with an extra five million; he might not follow suit if things really get heated."

Mr. Zhao remained calm; he was indeed just giving it a try.

If you can snag a bargain out of 205 million, you might not lose out if you hold out for a while.

But if anyone tries to contest it, he will immediately back down.

The auctioneer's eyes lit up: "Bidder number three has offered 205 million."

"Two hundred and five million for the first time."

Yu Yehua then put down the documents in his hand and turned his gaze back to the big screen.

He doesn't just look at the current state of Youth Road.

Land in the core areas of Shanghai is becoming increasingly scarce, and urban renewal is a major trend.

The biggest shortcoming of Qingnian Road right now is traffic.

However, once infrastructure plans are implemented in the future, the value of this land will be completely different.

He wasn't sure when the news would arrive.

But with his business acumen, he knew that such a position shouldn't be completely unwanted.

Yu Yehua raised his hand and held up a sign: "Two hundred and ten million."

The entire room fell silent instantly, and many people turned sharply to look at the first row.

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