Chapter 222: Auction Four
The funds that the Huang family can embezzle now are less than 4 billion. The remaining two pieces of land are large in size and in excellent locations. Even if they are given to the Huang family at a low price, the Huang family cannot get it. Only then did Huang Biao
I'm a little anxious at this time. If these two men don't know that Shi Qing hasn't been fooled, then they are really stupid. But no one is in the mood to think about what went wrong with Li Jinglan.
At this time, Huang Deming received a text message. After reading it, he smiled happily and quietly handed the phone to Huang Biao. After reading it, Huang Biao's face became a little better. He calmed down to see if there was any chance of repaying the money.
All the reporters in the audience were watching nervously, for fear of missing any shot.
Land No. 8 is a business district, and the lowest bid is 2.3 billion. Panshi didn't seem to give Huang a chance, and immediately raised the starting price to 2.8 billion. This made Huang Biao feel a little tight, but if it was 31
If it can be won, it is still possible, so Huang Biao asked Secretary Li to bid. With rounds of bidding, the 8 good land gradually increased to 3 billion, 3 billion to 10 million, and 3 billion taels.
Ten million, three billion to thirty million...
Huang Biao's chest was heaving and he was having trouble breathing. If he couldn't get this piece of land, all the big words Huang said at the beginning would become a laughing stock. When Panshi increased the price to 3.2 billion,
, Huang Biao finally couldn't bear it anymore, he clutched his chest and couldn't breathe. Huang Deming's eyes turned red and asked Secretary Li to send Huang Biao to the hospital. He anxiously grabbed the number plate and blindly increased the price.
After several rounds, it was increased to 4.2 billion. Panshi did not raise the price because it had exceeded the actual value of the land. If Huang Deming came to his senses, it would be a loss. He still waited for the next No. 9 land. Although
Panshi only captured a piece of land, but that didn’t stop it from becoming the most dazzling member of the audience.
Zheng Yizhui had never seen such a hot auction. His hands were shaking when he dropped the hammer, and he announced that Land No. 8 had been successfully photographed by Huang.
Huang Deming seemed to have won and pouted at Shi Qing in protest. However, when he saw that the price was 4.2 billion, he was a little stupid. He quickly turned back to look at Jin Dong and others, but found that the seats where they were sitting were actually empty.
, my mind suddenly went blank
Just now Jin Dong sent him a message telling him that if the money was not enough, Duan Yuexuan and Ma Biao would give it to him, telling him not to worry, but now that Jin Dong and others were gone, it was obvious that he wanted to leave them alone, and now he was completely dumbfounded.
But no one cared about him, and the auction of Land No. 9 was still going on smoothly. Panshi had no opponent, and took Land No. 9, which was almost equivalent to Land No. 8, at a price of 2.43 billion.
Li Zhi, who had had enough fun, was left to be interviewed. Shi Qing and Liao Shasha quietly evacuated again. The auction came to an end. As for how the Huang family ended it, it didn't concern Shi Qing.
Liao Shasha was thinking about the kitten she had just bought, so she took Shi Qing and returned to Zixuan. Whether it was really to take care of the cat or for other reasons was unknown, but Shi Qing looked a little bit sad.
Looks like it's not just for kittens and cats
Huang Deming left the venue after being reminded by his subordinates. Old Huang Biao received a call from the company, saying that Huang Deming's last 4.2 billion shot was taken at No. 8. A mouthful of blood spurted out and he passed out in the hospital.
Now the Huang family was miserable. All the money they had together was not enough to pay for the land. Tianyang and Zhonghai ignored them. They either refused to answer the calls they made or refused to make excuses. Huang Deming was extremely angry. If
If you don't pay after the due date, you may have to pay by force. Otherwise, Huang will have to lower the price and auction it again, which may be able to recover some losses.
Huang Biao was still lying in the hospital, so Huang Deming contacted people to see if anyone else could take over, but the price difference was too far. To add insult to injury, someone even said that if the price was lower than the auction low price, he could still consider it. Huang Deming was very angry.
I dropped three mobile phones in one day
The land that was photographed depreciated and shrank in value when it came into the hands of the Huang family. News soon came out that the Huang family was insolvent, the Huang family's capital chain was broken, the Huang family was on the verge of disintegration, the upstart Huang family was going on a big money-spending campaign, and other news
The news spread all over the streets, and Huang's credibility suffered a devastating blow.
If Huang Biao was still sober, perhaps Huang would not have reached such a point so quickly. Relying on his old connections to raise all the funds to buy the land, there would still be no problem. Then he would borrow money from the bank or auction the land again.
More than half of the funds can also be recovered, so that the company can stabilize
But Huang Deming failed. He was originally a playboy, a show-off. Old Huang Biao was still unconscious, so he had no idea. Later, he was pushed and he had no other choice, so he sold his family property, which at least gave him the money.
, but the Huang family only has this little land now, and they can't even pay their employees' wages. Soon the company began to be in turmoil, people were distracted, and resignations continued. By the time Huang Biao woke up, the Huang family only had these two men.
Huang Biao was speechless when he saw his unsatisfactory son. He could only work hard to clean up the mess and contact the auction house to sell the pieces of land No. 2, 3, 4 and 5 at a reduced price in order to raise funds to develop the land No. 8. He also wanted to start all over again.
However, the news received was not ideal at all. The auction house's valuation of these pieces of land was similar to the starting price when Huang bought the land. Calculating this, the four pieces of land purchased for 3 billion could only be sold for 1.5 billion.
The auction house could only hold a few auctions in accordance with Huang Biao's requirements. Not many companies participated, and all of them failed in the end.
The yellow label became so popular that there was no low-bid auction in the end, but not a single company came to participate. The auction failed again. There was really no choice but to ask the city government to take it back. But in this way, even 1.5 billion was lost.
None. Only 1 billion was recovered, which was not enough to develop the No. 8 land. As time went by, Huang's industry shrank by more than half, and he could only develop it piece by piece.
The house leaked and it rained continuously. Huang's bad luck was not over yet. Even if Huang Biao planned to develop it slowly, few construction companies were willing to take over. For fear that Huang would go bankrupt one day and lose money, he would have to find a small company.
Construction companies came to undertake the construction, but the quality of the projects could not be guaranteed, and work-related injuries continued on the construction sites, often causing uproar.
A TV station even made a special report, which talked about how a giant upstart real estate company went from being a land king to becoming a flash in the pan. After seeing this report, Huang Biao was admitted to the hospital again, leaving Huang Deming alone from then on.
With people bumping into each other, the Huang Group's decline has become even more severe, and it has truly become a laughing stock in the business world.
Chapter completed!