rebirth of cataclysm

Hu Mingchen was in Liangcheng and could not predict what would happen in Zhennan. He had already done what needed to be done, and he could just wait for the land to appreciate in value before selling it.

However, in late April, Hu Mingchen learned a very bad news, that is, all the planned land in the Guanyin Mountain area was requisitioned by the government. Of course, the government would compensate the land owners.

As soon as the news came out, Hu Mingchen was greatly surprised.

Although Zhennan City Government will provide compensation for those lands, the price is definitely far lower than the market price.

Hu Mingchen was not the only one who was surprised. Luo Haocai, who was sitting in the south of the town, was even more shocked than Hu Mingchen.

"How could this happen? Is there such a thing as requisitioning them all?"

"Mr. Luo, what should we do now? We have hoarded so much land, and all of it is prime land. If all of it is expropriated, our interests will be in vain." Hu Jianqiang was sitting opposite Luo Haocai.

He also had an incredibly sad look on his face.

"Of course I know. Call your nephew and ask him what he should do. I don't think he expected this result at the beginning, right?"

So Hu Jianqiang called Hu Mingchen in front of Luo Haocai.

When Hu Mingchen heard the news, he was dumbfounded.

"Xiaochen, what should we do now? Do you have any good way to avoid it?"

"It seems that Zhennan City plans to make a lot of this money and fill its finances. If they expropriate all the land, all the units that need land will have to buy it from the city government at a high price." Hu Mingchen calmed down and said.

"General places will do this, but what Zhennan City does is unique. This is wiping out the interests of all investment companies. If we really do this, our previous work will be in vain." Luo Haocai said.

Said over the phone.

"Uncle Luo, don't be anxious. This matter can't be solved urgently. I'm also surprised. I didn't expect Zhennan would do this." Hu Mingchen comforted Luo Haocai.

"Can I not be in a hurry? I have spent hundreds of millions, and I am about to reap the rewards, but what happened is like this. No wonder Zhennan just can't develop, and it is far inferior to other big cities. Just what they did in Zhennan, that

If an investment company dares to come, this is simply robbing customers, and it is so overbearing." Luo Haocai said to Hu Mingchen.

"Uncle Luo, you charge me... This won't solve the problem. We still need to understand the situation clearly. Even if they charge Zhennan City, to what extent and at what price will it be collected?

There doesn’t seem to be a definite explanation. I’ll go back and find someone to ask.”

"Who else should I ask? I just asked the leaders of the Finance Bureau and the Land and Resources Bureau this morning. This is how it will be implemented."

"Uncle Luo, don't be impatient. Even if the money is levied, our interests will not be lost. I believe we will still make money. It's just a small gap."

"Is it possible to make money? Let me tell you, it's at least five times worse. If you want to make ** money, haha, don't overthink it."

After calling Luo Haocai and others, Hu Mingchen immediately contacted Jin Fukuan and asked him for further information.

"Xiaochen, are you asking about land development in the Guanyin Mountain area?"

"Yes, Mayor Jin, there was no news at all before, so why do you have to tax everything all of a sudden? Don't you know that this will severely dampen the enthusiasm of investors?"

"This suggestion was not put forward by us in Zhennan at all, but by the province. Considering that the financial situation of the province and city is not very prosperous, and the development of the Guanyin Mountain area is generally optimistic, the provincial government asked us to use Guanyin Mountain.

The development of the mountain area will raise a large amount of funds. On the one hand, it will solve the city's financial shortage, and on the other hand, it can also support the province." Because Hu Mingchen had helped him, Jin Fukuan explained patiently.

This is Hu Mingchen. If it were anyone else, Jin Fukuan would be too lazy to say so many words.

"Do you agree if they propose it?"

"We can't help but agree, and most of the comrades at the meeting also felt that this was a way to make money. Instead of letting developers make money, it would be better for us to make it ourselves financially."

"But have you ever thought about how ugly this looks? Although you can raise a lot of funds in a short time by doing this, their approach will also scare away investors. When companies invest, they have the ability to

It’s just to make profits. Now that you have taken away most of the profits, will they still be motivated? In the long run, you are doing more harm than good.”

"No...why are you so concerned about this? Has your company also made a lot of investments in advance?" Jin Fukuan asked curiously, switching the phone from his left hand to his right.

"Indeed, we have invested. We have invested nearly one billion with foreign businessmen. If we had known that you would do this, we really would not have been able to invest that money." Hu Mingchen did not hide it and said truthfully.

"No wonder you care so much, but you can't solve this problem even if you ask me. This opinion has been documented. We believe that various investors and developers can understand us."

"Understand? Businessmen are chasing profits. Now that you have deprived this right, it would be strange for you to understand. Mayor Jin, it is not too late to put on the brakes now, otherwise, you will lose big for a small gain."

"It is basically impossible to put on the brakes. We have voted to reject the auction. We believe that even if we conduct the auction, there will still be many investors and developers coming to actively participate." Jin Fukuan said confidently.

On the one hand, Jin Fukuan doesn't think it's really possible to lose big for small things. On the other hand, even if he has the intention, he is weak and the main city leaders will not listen to him, let alone the province. It can be said that,

This matter is basically a done deal.

In fact, when this suggestion first came out, Jin Fukuan was opposed to it. He felt that it was too overbearing. But in the end, his opinion was not adopted.

Speaking of which, the reason for such a result is also related to the land auction held by Hu Mingchen. If there was no such auction, it would probably be easier to handle.

Just because Zhennan enjoyed the benefits of the auction organized by Hu Mingchen, he felt that it was very attractive to collect everything and let the city take control.

They sold a piece of land owned by the city government for more than one billion yuan. If an area as large as the Guanyin Mountain area was expropriated by the city and then resold for auction, it would not be able to bring in at least tens of billions.

When they think of being able to earn so much money, these leaders feel like they are on fire. Don't think that entrepreneurs love money. These leaders are the same. They have repeatedly tasted the hardship of having no money.

Seeing that he could not persuade Jin Fukuan, Hu Mingchen had no choice but to give up and demand a change in policy. This approach seemed to be unworkable.

For the rest, Hu Mingchen could only ask Luo Haocai and the others to sell the land quickly. As long as there is some profit, let it go.

However, when it was learned that the city government would completely expropriate the land in the Guanyin Mountain area, the developer was so confused that he was willing to buy Hu Mingchen's land at a high price. What's more, even if he bought it at a reasonable price, how would he know that the city had expropriated it?

What is the compensation price?

Therefore, even if Luo Haocai and the others decided to significantly reduce the price, no one would care.

Those developers who also spent money in the early stage are basically holding back. They are all holding back their anger. The best strategy at this time is to wait and hope that the policy will change.

As for those units that are not directly involved, they will not take the risk to enter now. They will eventually be dealt with by the government anyway, so why bother to be the takeover now.

Therefore, although Gongfuli Company has repeatedly lowered the selling price, no one is willing to interfere.

For Xingsheng Company, it is now the time when funds are most scarce. It has obviously made hundreds of millions on the Chaoyang Lane project, but all that money cannot be recovered at present. More than 100 million has been allocated to Pengbo Electronics.

The 200 million that invested in Gongfuli Company seems to have been frozen now.

Tens of millions have been spent on the acquisition of brick factories, nurseries and breeding farms, and now there is no possibility of recovering that money in a short time.

The most troublesome thing is that Xingsheng Company also spent nearly 70 million shares in another Internet company, Aniu E-Commerce Co., Ltd.

The reason why Hu Mingchen wanted to buy the stock of this company was because this company created another Internet upstart. The market value of this company will increase hundreds of times in the next ten years, becoming a giant enterprise that can keep pace with Penguin Technology.

Hu Mingchen originally thought that once the land in the Guanyin Mountain area is sold in the second half of the year, the funds will be withdrawn, and the funds will be doubled. By then, the company's financial situation will not be a problem at all.

Who would have thought that this plan devised by Zhennan City caught Hu Mingchen off guard.

Normally, Hu Mingchen wouldn't think anything of it, but what's terrible is that the money they owe the bank will soon be due. If there is no money to pay back to the bank, the Penguin Technology equity worth billions will be lost to the bank.

Take it away.

In June, Zhennan City began to expropriate land for auction. It was also very strange. The land they expropriated did not start from the most prime areas. It had a bit of a rural environment surrounding the city. The first and second batches had no common land.

Those lands owned by Fuli Company.

At the same time, there was another thing that made Hu Mingchen very upset, that is, the stock price of Penguin Technology turned from rising to falling. In order to cope with the stock price and be responsible to investors, Ma Jiahao not only released good news about the company's development, but also

I took out cash to go to the store, but the price just couldn't go up. It was like I was being held down by a strange hand, and I couldn't move at all.

At this time, Hu Mingchen came back to his senses. He had realized that this was not an accident, but someone was targeting him. In Hu Mingchen's memory, the Guanyinshan area did not seem to be doing this, and the stock price of Penguin Technology was not so miserable.

Pass.