When Hou Guowei arrived at the auction site, everyone was already waiting there. After Hou Guowei gave a brief opening speech, the bidding began.

Right from the start, Li Xiaofeng raised his paddle, displaying an air of certain victory, and bid a high price for the auction: "Twenty million!"

The starting bid of one yuan suddenly jumped to twenty million, causing an uproar among everyone present. People discussed it and clicked their tongues in amazement, believing that this big boss who could drive three Rolls-Royce Phantoms was indeed powerful.

Hou Guowei was quite satisfied that such a high price could be offered for a company whose value was almost zero at the auction. He looked at Li Xiaofeng with a kind gaze, nodding and smiling.

Li Xiaofeng also noticed Hou Guowei's expression and nodded slightly in response.

Wei Jianjun, sitting next to Qin Kai, turned to look at Qin Kai with some surprise and asked in a low voice, "Brother Kai, this kid surnamed Li is intimidating people with his aura, he must have something in mind. Should we follow him or not?"

"Call, of course I'll call! I want to see what tricks this kid is up to!" Qin Kai said, raising his paddle and shouting, "Thirty million!"

After speaking, Qin Kai looked at Li Xiaofeng with a provocative gaze, observing his behavior and actions.

After glancing at Qin Kai, Li Xiaofeng turned away and ignored him, simply raising his sign again. Xu Lei, standing next to him, shouted loudly onto the stage, "Fifty million!"

The auction rules stipulated that each bid increment must be no less than one million, and Qin Kai only added ten million at a time. However, Li Xiaofeng wanted to put on an air of nouveau riche and added twenty million at a time.

The feeling he gives off can be summed up in two words: arrogant and domineering.

Upon hearing Li Xiaofeng raise the price to fifty million, Hou Guowei's gaze towards him became even more amiable.

It's worth noting that under his leadership, a company with zero value was sold for such a high price. If this really happens, it can be used as one of his achievements.

However, Hou Guowei then turned his attention to Qin Kai, hoping that he could follow suit and chase the high.

Human nature is greedy; people often want more after they've already gotten something. If Qin Kai were to chase higher prices, it would not only bring him political achievements, but also, since Qin Kai is from Hong Kong, his investment would be considered foreign investment.

Foreign investment in mainland China enjoys preferential treatment in various aspects and is more sought after within the system. In other words, it is more effective for Hou Guowei in showcasing his political achievements.

Seeing that Li Xiaofeng had raised the price significantly again, Wei Jianjun muttered uneasily, "Brother Kai, has this guy surnamed Li gone mad?"

"We haven't even done anything yet, and he's already driven the price so high. Does he really have inside information? Should we continue following this?"

There weren't many people at this auction to begin with, and many of them came just to try and snag a bargain from the starting bid of one dollar.

Li Xiaofeng's offer of a starting price of 20 million yuan shocked everyone present. Except for Qin Kai, who was still there, everyone else fell silent.

At this moment, apart from Li Xiaofeng and a few others, almost everyone's eyes turned to Qin Kai.

Qin Kai glanced at Li Xiaofeng again and found that Li Xiaofeng was not looking at him at all. Instead, he had one arm around Fang Huiya's shoulder, leaned lazily against a solid wood chair, and casually swung his legs around.

As the auctioneer's voice grew increasingly urgent on stage, Qin Kai gritted his teeth and shouted loudly, "Sixty million!"

When Qin Kai shouted out 60 million, the crowd gasped in surprise. Hou Guowei also looked at Qin Kai with a kind gaze and a satisfied smile on his face.

However, Qin Kai was oblivious to Hou Guowei's gaze at that moment, and was instead focused on analyzing why Li Xiaofeng had offered such a high price and whether he would raise it further.

Seeing that Qin Kai ignored him, Hou Guowei felt a little bored and turned his eager gaze to Li Xiaofeng, hoping that he could raise the price again to add to his political achievements.

Qin Kai's second bid raised the price to 60 million, a price that made Li Xiaofeng more cautious.

It's obvious that this price far exceeds the actual value of the factory, so why would Qin Kai continue to pursue it? He must be after the land where the factory is located.

Did Qin Kai get inside information that the land's planning was going to be changed from industrial to commercial use?

No, Li Xiaofeng glanced at Qin Kai's nervous and uneasy expression and realized that he was unsure of himself. If he were confident, he wouldn't be like this.

He rose to prominence too quickly, and those second-generation rich kids who were familiar with him, such as Cao Jinpeng, would unconsciously follow in his footsteps when making investments.

Perhaps the reason Qin Kai followed him in chasing high prices was just like Cao Jinpeng, following his own investment path.

Qin Kai had invited him before, so he must have done some research on his experience and background. His background and experience were quite simple; his life before university was very simple and could be ignored.

His entrepreneurial experience after entering university was also transparent, thanks to the sharing of information among his roommates. At least for Qin Kai and Wei Jianjun, it was transparent. Anyone who wanted to investigate him could easily find out; it was an open secret.

What others didn't know, Li Xiaofeng knew very well that in a little over a year, this land would be designated for commercial use, and by then, its value would at least increase several times over.

If we try to grab land at that time, the prices will be incredibly high, and once the real real estate tycoons arrive, there will definitely be no land left for us.

Thinking of this, Li Xiaofeng raised the sign in his hand again, muttered something to Xu Lei next to him, and then Xu Lei shouted loudly, "Seventy million!"

Seeing that Li Xiaofeng had raised the price again, Wei Jianjun glanced at him, feeling incredulous. He turned to Qin Kai and said, "Brother Kai, could this guy surnamed Li really have inside information?"

As far as I know, he earned his first pot of gold while in college by relying on insider information.

Hearing Li Xiaofeng raise the price again, Hou Guowei's heart was pounding in his chest. Seventy million! This was an astronomical price for a stone.

Soon, his eager gaze turned to Qin Kai, hoping he could set a new record for the auction price.

Seeing Li Xiaofeng raise the price again, but only by ten million, Qin Kai became cautious. However, the second bid strengthened his confidence, making him certain that Li Xiaofeng must have inside information.

At that moment, Li Xiaofeng gave him a provocative look.

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