At first glance, it seems fair, but in reality, it is a case of substituting a concept.

To know...

Having land in hand allows you to attract investment.

Moreover, based on this profit margin, it's really not necessarily more profitable than Babel building independently for development...

......

Chapter 552 What Jinjia Building

Despite the current lack of funding for Babel's construction...

However, based on the action plans discussed in the first half of the meeting, the Babel Group should be able to gradually recover within six months, barring any unforeseen circumstances.

In principle...

It wouldn't be too late to develop the "Babel Park" project then...

Zhang Hanshu and the other shareholders present were not fools; they clearly understood that this was the key point to focus on during the discussion.

So Chen Xingjun didn't get his wish so easily.

In fact...

From their perspective, there is no problem with cooperation.

The benefits of cooperation between the two parties are obvious: it can maximize profits and is one of the fastest ways to monetize the "Babel Park" project.

Otherwise, they would have kept this project firmly in their grasp...

It's unclear when development will actually take place, and even if it does, it's unlikely to reach the scale Chen Xingjun described.

after all...

Seoul is the most developed city in South Korea, and it is no exaggeration to say that every inch of land is incredibly valuable.

To gather such a massive piece of land...

Favorable timing, advantageous location, and harmonious relationships are all indispensable; they are truly something that can only be encountered by chance and cannot be sought after!

Anyway...

With both sides willing to cooperate, a protracted negotiation ensued.

The focus of the negotiations was on the ultimate benefits that could be obtained.

One-tenth...

That would be absolutely unacceptable!

finally...

With both sides taking a step back, a preliminary consensus has been reached.

Babel Construction will no longer invest in the project, but will only provide the land for the "Babel Paradise" project. The final profit will be one-seventh of the total profit!

After conversion...

The shareholders present will receive a total of one-fourteenth of the total profit.

Not bad!

As for taking the lead in the entire project...

Therefore, it naturally falls under the jurisdiction of Shunyang Construction and Xinjin Construction.

Regarding this outcome...

Both parties are satisfied!

However, Chen Xingjun and Zhao Taiwu seemed to be happier.

I don't know why...

And Ding Xin...

They remained silent throughout and did not participate in the discussion.

After the final conclusion was reached, the vote by raising hands was merely a formality.

Chen Xingjun was well-prepared. After the shareholders voted to approve the cooperation plan, he immediately had his secretary bring out the pre-prepared letter of intent.

Passing the vote is one thing, but putting it on paper is even safer.

This also reveals his eagerness, as if he were afraid that others would change their minds.

Ding Xin raised an eyebrow.

I picked up the letter of intent and flipped through it casually, paying particular attention to the breach of contract clauses.

good...

The regulations are extremely strict!

certainly...

This stringent requirement applies equally to both parties.

Ding Xin smiled, and without saying a word, asked Hong Cheying for a pen and signed his name on the opinion letter with flowing strokes.

After he finishes signing...

The other shareholders present then followed suit and signed their names.

Ding Xin refused to sign...

No one dared to sign first!

The letter of intent is in triplicate, with one copy for Shunyang Construction Company, one copy for Xinjin Construction Company, and one copy to be retained by Babel Construction Company.

And at the very moment the letter of intent was signed...

Chen Xingjun's expression was no longer as humble as before, but had returned to the arrogant demeanor he had when he first entered.

perhaps...

This guy felt he had already achieved his goal, so there was no need to continue pretending with everyone present.

And that is indeed the case...

Although there were some minor hiccups along the way, Chen Xingjun was generally satisfied with the final result.

If it weren't for the fact that the shares he acquired weren't enough to give him decisive say, he wouldn't bother to play along with these people in front of him!

"I'm sorry, everyone!"

Chen Xingjun slowly stood up, satisfied. He tilted his head slightly, glanced at everyone, and said unhurriedly, "I have some urgent business to attend to, so I won't waste any more time with you all!"

Having said that...

Ignoring everyone else present, he turned and walked straight towards the door.

Zhao Taiwu chuckled lightly, and without saying goodbye, got up to leave.

This is clearly very impolite behavior.

But at this moment...

Zhang Hanshu suddenly called out to the two, "Representatives, please wait a moment!"

"Ok?"

The two paused briefly, exchanged a glance, their eyes revealing a hint of impatience and disdain, then turned to look at Zhang Hanshu. Chen Xingjun spoke first, a slightly mocking smile on his face, "What's wrong, Chairman Zhang Hanshu?"

He thought Zhang Hanshu wanted him to stay and finish the meeting, and he had already figured out how to refuse.

But Zhang Hanshu's next sentence...

But that made their smiles freeze on their faces.

"Is such that..."

With a smile, Zhang Hanshu said unhurriedly, "Representative Chen Xingjun, Representative Zhao Taiwu, don't rush to leave. There's one more thing I think I should confirm with you..."

"Oh? What is it?"

Chen Xingjun frowned slightly.

For some reason, a bad feeling suddenly rose in his heart.

"Is such that..."

Zhang Hanshu smiled slightly and said calmly, "Representative Chen Xingjun, I would like to confirm something with you..."

Now that the decision has been made to merge the 'Babel Park' project into the 'Golden City' project, and the leadership is in your and Representative Zhao Taiwu's hands...

"So, shouldn't you be responsible for negotiating and handling the acquisition of the Jinjia Building as well?"

"What did you say? What Jinjia Building?"

Chen Xingjun looked stunned.

He had absolutely no idea what the other person was talking about...

What Jinjia Building?

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