Chapter 87: Compound No. 1
Chapter 87: Compound No. 1
"This guy... is he an idiot?"
Seeing Chen Yuanzhou down glass after glass of wine, Zheng Jun's smile became somewhat awkward.
Especially since his own father and Lin Baoyi also joined in, he was in an awkward position, holding his small cup.
For him, baijiu (Chinese liquor) was simply unacceptable. Drinking it slowly was fine, but drinking it all at once would probably cause him to black out immediately.
Fortunately, no one paid attention to him, so he quickly drank the small cup in his hand and pretended to help pour the wine.
However, Zheng Hong glanced back and muttered softly, "So stingy after a few drinks."
"..." Zheng Jun was speechless for a moment.
Lin Baoyi heard this too, but ignored it completely, and continued to laugh, "President Zheng, isn't Xiao Chen pretty good? Don't let his refined appearance fool you, let me tell you, he made over ten million from me today!"
"Oh?" Zheng Hong was surprised upon hearing this. "Tell me about it."
Lin Baoyi then recounted Chen Yuanzhou's story about speculating on pre-sale apartments.
The reason for deliberately bringing this up was mainly to establish Chen Yuanzhou as a visionary figure, so as to increase his importance in Zheng Hong's mind.
Upon hearing this, Chen Yuanzhou roughly understood why Lin Baoyi had specifically called him over.
Clearly, he wanted to personally help Zheng Hong directly join the real estate speculation group.
With the endorsement of two big names like Lin Baoyi and Zheng Hong, subsequent expansion will be much easier.
After listening to Lin Baoyi's explanation, Zheng Hong laughed and said, "So, Xiao Chen is still working at the real estate agency?"
"Yes," Chen Yuanzhou replied, "However, if we can cooperate with you in the future, I will resign from my job at the agency and do my best to protect you!"
Lin Baoyi then said, "President Zheng, what do you think? Since you've come to Jiangcheng this time with the intention of investing in this area, why don't you come with me?"
"With Xiao Chen's accurate market analysis, coupled with our capital, and especially with the four trillion yuan stimulus plan now in effect, there's great potential!"
Upon hearing this, Zheng Hong squinted and thought for a moment, but instead of responding, he turned to his son and said, "Xiao Jun, what do you think?"
This surprised Lin Baoyi slightly, but Zheng Hong then laughed and said, "Xiao Jun has been playing around for several months since graduating from university, and he refuses to come back to Haishi to work for me. So the main reason I came to Jiangcheng this time is to see what I can get him to do."
"If there's going to be any investment, we'll let him handle it from now on."
"Oh, of course! Zheng Jun is so outstanding, he's bound to have a bright future!" Lin Baoyi immediately showered him with compliments.
However, Chen Yuanzhou had some doubts after hearing this.
It's perfectly normal for a father to groom his son to take over the business, but for a son who's just starting out, he'll probably test the waters first and won't invest too much money or connections at the beginning.
That Zheng Hong is indeed a cunning old fox!
It seems that he was still unsure about the market ahead, and since he couldn't refuse, he used his son as a shield.
This way, he wouldn't offend Lin Baoyi, and he could actually get his son to do something legitimate—a win-win situation.
Chen Yuanzhou thought to himself, "This trip is probably going to be a disappointment."
Zheng Jun had come here today hoping to get a free meal, and was focused on eating a hairy crab when his dad suddenly mentioned him, so he didn't react at first.
He tossed aside the crab leg, wiped his hands, and replied, "I don't think there's any point in speculating on real estate. If you're going to invest anyway, you might as well develop properties directly!"
"..." Zheng Hong was speechless. His son hadn't received any of his signal.
He could only give Lin Baoyi an awkward smile: "Kid, you're just a bit too ambitious. Every industry has its own secrets; is development really that easy?"
Lin Baoyi glanced at Chen Yuanzhou and slightly curled his lip.
Chen Yuanzhou understood, pondered for two seconds, and said, "Actually, in the upcoming market, development is indeed a good investment direction. However, although the returns are higher than those of real estate speculation, it is capital-intensive, has a long cycle, and is also risky."
"When it comes to real estate speculation, a cycle can be as short as ten days or as long as six months. It's all about efficiency and low risk. It all depends on what Mr. Zheng chooses."
Zheng Jun frowned, somewhat confused as to why the focus had suddenly shifted to him, but he couldn't remain silent, so he asked, "Can you guarantee that speculating on real estate will definitely make you money?"
"If Mr. Zheng is interested, you can try co-investing once," Chen Yuanzhou said with a smile. Then he said to Lin Baoyi, "President Lin, I actually have a plan for the next project, and I can tell you about it today."
"Oh?"
Lin Baoyi and Zheng Hong both became serious.
Lin Baoyi was anxious. In this market, efficiency is money, and earning less is losing money, so the selection of projects is extremely important.
In the same cycle, some projects can earn 20%, while others can earn 30% or even more. If you choose the wrong one, wouldn't that be equivalent to losing money?
Zheng Hong was very curious.
Although Lin Baoyi had previously praised Chen Yuanzhou to the skies, he personally felt that luck played a large part and wanted to see for himself.
Seeing this, Chen Yuanzhou continued, "For the next project, I suggest investing in Zijinyuan! This project is currently..."
"Haha~" Before he could finish speaking, Zheng Jun suddenly burst out laughing: "Is the Zijingyuan you're talking about the one at the intersection of Gushan Road and Binshui Road?"
"That's right." Chen Yuanzhou nodded.
Zheng Jun chuckled and said, "It's right next to my school. I even went to look at houses there with my classmates."
"This lousy project has been unsold for almost a year. The apartment layouts are terrible, and the amenities are awful. Are you sure you're not kidding?"
Hearing him say that, Lin Baoyi and Zheng Hong both looked at Chen Yuanzhou with some suspicion.
Although they were unfamiliar with Zijinyuan, the fact that the project had been unsold for a year indicated that it had many problems.
Lin Baoyi thought for a moment and asked, "Xiao Chen, why do you think this project is worth investing in?"
"It's actually very simple," Chen Yuanzhou replied. "Shengyuan Residential Area is just across the street from Zijinyuan."
"Sacred Garden?" Lin Baoyi frowned. "Is there any special significance to this neighborhood?"
"A resettlement housing community is a type of housing provided as compensation to those whose homes were demolished," Chen Yuanzhou replied.
Upon hearing this, Zheng Jun retorted, "You yourself said it's a resettlement housing community, isn't that a synonym for shoddy construction?"
"But Shengyuan is different." Chen Yuanzhou said seriously, "The homeowners who received compensation from Shengyuan were originally residents of Qiuzhi Compound."
"???"
"???"
Chen Yuanzhou glanced at Lin Baoyi and Zheng Hong, and seeing that the two still looked confused, he couldn't help but feel a little helpless.
Forget about Zheng Hong; he wasn't originally in this line of work.
But Lin Baoyi disappointed him somewhat…
"Mr. Lin, you don't know either?" he asked.
Lin Baoyi shook his head blankly.
"..."
Chen Yuanzhou had no choice but to say, "The Qiuzhi Compound is the No. 1 Compound, understand?"
"Hiss~"
Upon hearing the name "No. 1 Compound," Lin Baoyi and Zheng Hong were both startled, gasping in shock and revealing expressions of astonishment on their faces!
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