The entire room tensed up. Was Chairman Yu going to add more?

Shen Jianjun also sat up abruptly, but Yu Yehua just smiled and waved his hand, indicating that he was giving up.

The auctioneer understood, and the gavel slammed down: "Sold!"

"Congratulations to bidder number two for successfully acquiring the prime land parcel on Qingnian Road for 230 million yuan!"

Applause was sporadic, but most people were just there to watch the spectacle.

Some people think Shen Ze is bold, some think he's too young, and some have already sentenced this investment to death in their minds.

"Two hundred and thirty million, for such a useless piece of land."

"He has a lot of assets now, but his cash flow may not be really stable. These kinds of projects are the most troublesome."

"Once the development budget comes out, he'll know how painful it is."

"Young people, having just made money, always want to prove that they have unique insight."

"Hopefully he won't be stuck with this for years."

Shen Ze remained seated, his expression unchanged.

He was actually quite satisfied. He had originally estimated that he would need at least 800 million yuan to acquire Qingnian Road.

After all, once someone sees the potential in this land, the price can easily be driven up.

However, the market is generally pessimistic, and Jianjun Group is eager to recover its payments.

He acquired this prime piece of land, which was expected to skyrocket in value in five days, for just over 200 million.

The future value of five or six billion is practically free.

This kind of loophole will never happen again in the entire Shanghai capital circle.

Yu Yehua looked at Shen Ze's calm profile and nodded inwardly.

He acquired this controversial piece of land amidst widespread skepticism, yet he showed no inclination to explain himself.

This composure is certainly not like that of a young person in their twenties.

Backstage, the auction house manager let out a long sigh of relief: "Finally, it's sold."

After he finished speaking, he couldn't help but chuckle. "Mr. Shen, it's already quite good that this piece of land sold for 230 million."

Shen Jianjun's expression wasn't good, but he still nodded.

The manager lowered his voice: "To be honest, given the current situation on Qingnian Road, it's really not easy to make a move."

"The subsequent development costs are too high, and there are not many supporting facilities in the surrounding area."

"Mr. Shen is still too young."

"They might think they got a bargain because the price was low."

[At this point, I hope readers will remember our domain name 12199.99]

Shen Jianjun felt a little better after hearing this.

He sneered, "Once he actually gets the project, he'll know what a hot potato is."

The manager nodded repeatedly: "Yes, Jianjun Group has been struggling to recover for so many years. How could a young man like him do it so easily?"

"It's good that someone is now willing to take over the business."

"At least this useless piece of meat is finally gone."

Chicken ribs.

This word stung Shen Jianjun, but he could only accept it.

What he needs most right now is not face, but cash.

Soon, staff came over to inform us of the subsequent signing process.

Shen Ze got up and followed the auction house staff to the backstage area.

Yu Yehua also stood up and said with a smile, "Mr. Shen, congratulations."

Shen Ze nodded: "Thank you for your kind offer, Chairman Yu."

"It's not about yielding," Yu Yehua said with a smile. "I just feel that you want it more than I do."

Shen Ze didn't explain, he just smiled faintly.

Shen Jianjun was already sitting in the backstage signing room.

When he saw Shen Ze enter, his expression visibly stiffened.

The father and son exchanged a glance, but neither spoke first.

The auction house manager quickly smoothed things over: "Mr. Shen, the contract is ready."

Shen Ze sat down and quickly flipped through the contract.

There are no issues with ownership, price, payment terms, or settlement procedures.

He picked up the pen and signed his name.

The transfer process was completed quickly, and the 230 million yuan was transferred to the designated account in batches.

After the finance staff confirmed that the money had been received, they all looked relieved.

This money is crucial for the current Jianjun Group.

Shen Jianjun finally breathed a sigh of relief when he saw the payment notification.

But when she looked up and saw Shen Ze's calm face, that sense of relief turned into frustration again.

He couldn't help but say, "The subsequent development of Youth Road will not be simple."

Shen Ze closed the contract: "You don't need to worry about it."

With just one sentence, he shut down all of Shen Jianjun's subsequent words.

There was a moment of silence in the signing room as the auction house manager awkwardly lowered his head to organize the documents.

Shen Jianjun's face stiffened, and he ultimately said nothing more.

Shen Ze took the documents, got up and left.

From beginning to end, he didn't exchange any unnecessary pleasantries, show off, or argue with Shen Jianjun.

This indifference only made Shen Jianjun feel worse.

After Shen Ze had walked away, the auction house manager whispered, "Mr. Shen, young people are often impetuous."

Shen Jianjun scoffed, "When he suffers the loss, he'll realize how stupid he was today."

The manager immediately chimed in, "Land like Qingnian Road is not for the average person. Once you've invested your money, it'll be hard to get out."

Shen Jianjun didn't say anything more, but just looked in the direction of the door, with a hint of schadenfreude in his eyes.

Evening, at the Shen family villa.

Upon hearing the auction results, Sun Mei was first stunned, then burst out laughing: "Two hundred and thirty million? Shen Ze really bought it?"

Shen Jianjun sat on the sofa, looking exhausted: "I bought it, and the money has been deposited into my account."

Sun Mei's resentment suddenly found an outlet: "Does he really think he can win at everything?"

"That piece of land on Qingnian Road hasn't improved at all over the years."

"You were stuck with it after buying it for a billion, but he bought it for a little over two hundred million, thinking he got a good deal?"

Shen Jianjun picked up his teacup and said coldly, "He's too confident."

Sun Mei felt increasingly pleased: "I want to see how he develops things further."

"Demolition costs money, road construction costs money, and attracting investment costs money."

"The residents in the old city are the most difficult to deal with. If this drags on for a few years, their cash flow can be completely wiped out."

"At that point, forget about making money; you might even have to beg someone else to take over your investment."

Shen Jianjun finally smiled slightly: "When he can't hold on any longer and sells it off at a low price, I'll see if there's a chance to buy it back."

Sun Mei sneered: "It would be satisfying if he made a fool of himself in public."

"Haven't he been putting us down all this time?"

"Let him taste what it's like to lose a lot of money."

The two of them felt increasingly satisfied as they talked.

In their view, Shen Ze was just young and impetuous today, trying to show off at the auction.

But Qingnian Road is neither Caesars Hotel nor Ziyuan Mansion.

This is a project that really eats up money.

If the judgment is wrong, the loss will not only be 230 million, but also countless subsequent funds.

They've even started waiting to see Shen Ze get trapped, waiting to see him sell off his assets, waiting to see this young man who's been riding high recently take a big fall.

After the auction ended, Shen Ze had just walked out of the venue when Yu Yehua followed him from behind.

"Mr. Shen, do you have any plans for tonight?"

Shen Ze stopped in his tracks: "Not for now."

Yu Yehua smiled and said, "Why don't we sit down together? I'm actually quite curious about Youth Road."

Shen Ze thought for a moment and nodded: "Okay."

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