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The next morning, Lin Feng called He Qianwen and Chao Yuan respectively.

He briefly explained the situation over the phone—there was inside information about the old city renovation project, and educational land was planned next to plots 3 and 5. There would be a bidding briefing the day after tomorrow, and the formal bidding would begin next week.

He wanted the three companies to join forces to acquire a piece of land, jointly invest in establishing a project company, and distribute equity and subsequent profits according to their investment ratio.

He Qianwen agreed almost without hesitation on the other end of the phone, saying that she had long wanted to get involved in real estate development in Hehai City, but had not found a suitable entry point. This school district housing project was just the right breakthrough.

In terms of funding, she currently has about 60 million yuan in liquid funds at her disposal, and the exact amount to be paid will be determined after reviewing the land parcel information.

Chao Yuan agreed even more readily, saying he would book a ticket from Qingyuan immediately, as this was an opportunity he absolutely could not miss.

That evening, the group met in a private room at a very private Chinese restaurant.

The people who came included Raymond Lam, Shangguan Jinghong, He Qianwen, and Chao Yuan, making it a perfect gathering of four.

The private room was decorated in an antique style, with a mahogany screen separating it from the outside corridor. The window faced an artificial lake, the water shimmering with lights in the night.

Several exquisite Huaiyang dishes were laid out on the table, but the people's attention was clearly not on the food.

Lin Feng recounted the information Ye Qinghan had revealed in detail—the scope of the old city renovation, the location of plots three and five, the surrounding educational land planning, and the approximate timeline for the land auction next week.

The source of the information was not mentioned; it was only described as inside information from a reliable channel. None of the people present pressed for details; this level of confidentiality regarding information sources is a basic unspoken understanding within the circle.

After listening, Chao Yuan leaned back in his chair and picked up a piece of steamed sea bass with his chopsticks. He hadn't expected Lin Feng to be able to obtain such high-level inside information in Hehai City; it seemed that his decision to bring him into the scenic area development was the right one.

His family has been deeply involved in Qingyuan for many years. Although they are not very familiar with the real estate circle in Hehai City, they have connections in the political and business circles.

If he can successfully acquire the land this time, he can bring the construction company and design team from Qingyuan over, which can reduce construction costs by at least several percentage points.

He Qianwen continued, saying that she had worked on several commercial real estate projects in Hehai City and had an existing team with experience in planning approval processes and construction management, which could be directly brought over without needing to find someone from outside.

Moreover, Tianlong's brand already has a certain level of recognition in Hehai City, and developing high-end residential projects such as school district housing can enhance the brand's premium.

Shangguan Jinghong also explained the situation on Longlin's side. The bank had initially agreed to increase the loan amount. With the mortgage loans from Bai Jinhai and the billiard hall, Longlin could probably raise about 30 million yuan.

Chao Yuan said his travel company had about 40 million yuan in working capital, which could be transferred to them first. He Qianwen was the most direct, saying that Tianlong had relatively abundant funds and could provide around 60 million yuan.

The three bidders combined have a total of 130 million yuan. Based on the starting price range that Ye Qinghan previously revealed, they should be able to acquire Plot No. 5.

Securing Plot No. 3 would be ideal, but that plot is larger and the competition will be fiercer. We'll decide on the specifics after reviewing the detailed planning conditions at the bidding briefing.

After reaching a consensus, the four parties discussed some details and roughly set out the framework for the equity structure of the project company—allocated according to the proportion of investment, with Lin Feng's share being increased, since the other party had first-hand information.

The later proportions will be allocated after we acquire the assets.

The decision-making mechanism adopts a veto system, and major matters must be agreed upon by all four parties.

Subsequent profits will be distributed as dividends according to equity ratios, and sales proceeds will be used to repay bank loans first.

After the party ended, everyone went home to prepare their funds. Lin Feng sat in his car, rolled down the window a little, and let in the night breeze carrying the faint fishy smell of the river.

Leaning back in his chair, he reviewed the conversation from the evening in his mind, then picked up his phone and sent Ye Qinghan a message: "Funding has been secured. See you at the briefing the day after tomorrow."

On the day of the bidding briefing, Lin Feng, Shangguan Jinghong, He Qianwen, and Chao Yuan arrived at the Municipal Planning Bureau's conference room on time.

The conference room was small, with a dozen rows of folding chairs, a projection screen and a long table covered with a dark blue tablecloth in front.

When Lin Feng arrived, the conference room was already quite full. He glanced around and recognized several owners of local real estate companies in Hehai City, as well as several unfamiliar faces in suits who looked like they were bidding from out of town.

There are fewer than ten companies in total, but being able to get through this door means they have all passed the pre-qualification screening.

Lin Feng's Dragon Scale Group is an anomaly among this group of people. The other companies are all familiar faces in the real estate industry, but Dragon Scale is a cross-industry player who came from nowhere.

Several name cards for leaders were placed on the long table at the front of the conference room. Lin Feng noticed that the name card in the middle had Mayor Liu's name on it, and Ye Qinghan was next to him.

Sure enough, a few minutes before the meeting started, Mayor Liu and Ye Qinghan entered the conference room through a side door.

Mayor Liu was a man in his fifties with gray hair. He wore a dark gray jacket, walked at a leisurely pace, and spoke with a slight Jiangbei accent.

Ye Qinghan followed behind him, dressed in a dark blue outfit with the epaulettes of a third-level police superintendent on her shoulder. Her expression was cold and professional, a stark contrast to her demeanor in the garage.

He glanced around the conference room, his gaze lingering on Lin Feng for a moment before shifting away.

The pause was so short that no one nearby would have noticed it, but Lin Feng did.

Recalling the long, soft moan he let out in the garage the night before last, and comparing it to the expressionless, cold-faced bureau chief in front of him, he quickly shook his head to banish those erotic images from his mind.

Several leaders took turns speaking, and their remarks were nothing more than the significance of this old city renovation, the city's emphasis on the project, and the hope that all companies would compete fairly.

After Mayor Liu finished speaking, Ye Qinghan, as the deputy group leader, also said a few words. Her voice came through the microphone, clear and capable.

Lin Feng sat in the third row by the aisle, his eyes fixed on the basic information of the six plots of land displayed on the projection screen.

Plot No. 4 is the largest and has the highest starting price; Plots No. 3 and No. 5 are about the same size, but there are no specific plans for their future development, so it depends on luck or insider information.

Lin Feng only looked at plots number three and five.

Once the bidding began, the atmosphere in the conference room changed abruptly. The middle-aged men in the front row, who had been leaning back in their chairs and casually scrolling through their phones, sat up straight, their fingers tapping lightly on the armrests.

The assistants in the back rows opened their laptops, and the bidding system page on the screens was updating numbers in real time.

A tense silence hung in the air, broken only by the host's voice from the microphone and the occasional sound of a sign being raised.

Starting with Lot 1, the numbers on the screen began to jump rapidly. The starting price, which was originally only a moderate tens of millions, quickly soared to nine figures after several rounds of bidding.

The owner of a local real estate company in the front row raised his sign, and another middle-aged man wearing gold-rimmed glasses immediately followed suit. The two of them went back and forth for seven or eight rounds.

The host spoke faster and faster, and the bidding increments jumped from one percentage point to another, each time the numbers were refreshed. People in the back row would whisper to each other.

In the end, the local real estate company won the first plot of land for 120 million. The man with the gold-rimmed glasses threw the sign on the table, leaned back in his chair, loosened his tie, and looked rather grim.