This was the first time Li Xiaofeng had ever looked at him properly, which made Qin Kai's already unsettled heart even more restless.

Just then, Fang Huiya, whom he had been eyeing, also looked in his direction, causing Qin Kai's testosterone levels to surge instantly. So, he blurted out, "Eighty million!"

After bidding that price, Qin Kai felt a pang of regret; it was far too high, exceeding his expectations.

At this moment, Qin Kai felt his blood boiling and secretly made up his mind that if Li Xiaofeng raised the price again, he would not follow suit.

A dilapidated factory struggling to survive with zero actual value, a piece of industrial land that can't be used for building construction for the time being, and some insider information based solely on speculation, all of which somehow caused the price to soar to 80 million. Qin Kai found it somewhat unbelievable.

But the words have already been spoken, and there's no going back now. If I were to back out on the spot, I would not only lose face in front of everyone, but I would also lose the five million deposit I had paid.

He only hoped that Li Xiaofeng would continue to bid so that he could get out unscathed.

However, what made Qin Kai somewhat uneasy was that despite the auctioneer's exciting urging, Li Xiaofeng had not made a bid and even gave him a strange look, which seemed to be a mixture of disdain and contempt.

The auctioneer called out for a long time, but no one continued to bid. Finally, the auctioneer's gavel fell to the ground with a thud, as if it had hit Qin Kai in the heart.

"Congratulations to Mr. Qin for acquiring all the shares of Hongxing Electric Vehicle Factory for 80 million! Congratulations!"

An excited smile appeared on the auctioneer's face.

The auctioneer was Xu Lei's father and the deputy director of Hongxing Electric Vehicle Factory. The fact that someone had acquired the factory at such a high price showed their sincerity, and Hongxing Electric Vehicle Factory was saved.

These long-time employees, with him at the core, have a deep affection for the factory and are reluctant to leave, especially since they would lose their jobs if the factory were to close down.

Given their current age, education level, and professional skills, it won't be easy for them to find a decent job again. They might only be able to set up stalls on the street or even compete with migrant workers for jobs on construction sites.

At this moment, Hou Guowei walked over excitedly, and Feng Bowen's father, who was also the factory director of Hongxing Electric Vehicle Factory, quickly followed and carefully stayed by Hou Guowei's side.

With a bright smile on his face, Hou Guowei took Qin Kai's hand and said in a very enthusiastic tone, "President Qin is truly young and promising, with great courage!"

The factory's workers are all long-time employees with solid production skills, and it has great potential for development. Now that it's under General Manager Qin's leadership, it will surely be revitalized.

Qin Kai looked a little embarrassed, but still smiled and said in a gentle tone, "Thank you for your support, Director Hou. I didn't expect to actually be able to get the bid for this factory. I'm a little excited and feel a great responsibility on my shoulders!"

Hou Guowei patted him on the shoulder and earnestly comforted him, "Young man, don't put too much pressure on yourself, just take bold steps and go for it!"

At this moment, Li Xiaofeng walked over from the side, extended his hand to shake Qin Kai's hand, and said with a smile, "President Qin, thank you so much for today!"

Hearing Li Xiaofeng say this, Qin Kai asked with some doubt, "Mr. Li, what makes you say that?"

Li Xiaofeng smiled and said, "President Qin probably knows that I grew up in this factory and have an emotional attachment to it. I heard that the factory is going to close down and be restructured."

So I came running over here eagerly, wanting to revive this factory and bring it back to life. But I didn't expect that President Qin would also be interested in this factory. He really has guts!

To be honest, after the factory's restructuring, its net assets were basically zero. After taking over, the money for the buyout of seniority and some of the welfare housing should be paid first! The 1.8 million yuan debt hole should be filled!

In addition, the factory's production lines are somewhat outdated. To be competitive in the market, it needs to add new production lines, plus the investment of working capital and the 80 million from the auction.

It's estimated that this factory won't get off the ground without a total investment of three or four hundred million yuan!

Then, Li Xiaofeng turned to Feng Bowen's father and said, "Director Feng, I haven't miscalculated this, have I?"

Factory Director Feng said with an embarrassed look, "Actually, it's not as serious as you say. The equipment in the factory is still usable, and we can continue to maintain the existing debts. We just need to invest a little more capital!"

Li Xiaofeng smiled and said, "To be honest, I was a little nervous about bidding for this factory. I don't have that much cash on hand, only a hundred or two hundred million."

Now that President Qin is backing the factory, I believe it can definitely be revived, and I have no regrets.

As everyone knows, President Qin is a powerful figure; getting several hundred million yuan from your Qin Group is no problem for him, so I don't need to worry.

Li Xiaofeng's words made Qin Kai's face darken, but in front of so many people, Qin Kai couldn't say anything, so he could only force a smile and say, "I will do my best, I will do my best!"

Li Xiaofeng grasped Qin Kai's hand again, patted it, and said in a solemn tone, "President Qin, you can't just do your best; you must completely revive this factory."

You need to understand that there are conditions attached to the auction of this factory. It can't just go bankrupt, otherwise Director Hou will take the factory back. Besides, we business people can't just focus on making money; we need to have a sense of social responsibility!

Do you understand social responsibility? It means that even if you don't make money, you should still consider contributing to the country's economic development and doing your part.

As this country prospers, it will also reward us with the benefits of this era of development. Director Hou, am I right?

Hou Guowei gave Li Xiaofeng a meaningful look, then smiled at Qin Kai and said, "Mr. Li is right. As an entrepreneur, one must have a sense of social responsibility!"

Then, Hou Guowei turned to Li Xiaofeng and said, "President Li, President Qin has a strong sense of social responsibility. You should learn from President Qin and do your part for the economic development of Shanghai!"

Li Xiaofeng said cheerfully, "Don't worry, I will definitely learn from President Qin. President Qin gave up the more profitable real estate business and insisted on doing this kind of hard, tiring and unprofitable manufacturing industry. His dedication is indeed worth learning from!"

Seeing Li Xiaofeng's gloating expression, Qin Kai's face darkened even more.

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