Chapter 710: Hua Country's Gambling City! 8 Billion Factory Construction Subsidy! 1 Billion US Dollar Claim

First off, the Luzhou Headquarters is nearing completion. Orange Construction Development Company can’t just be dissolved on the spot.

While land and housing prices in Luzhou haven’t taken off yet, it’s the perfect time to acquire a few plots. Whether they’re held for appreciation or used to build subsidized housing for employees, it’s a no-lose situation.

Second, this is a crucial step for team stability.

The group’s business is expanding rapidly, and every department is in dire need of key talent. Salary and benefits alone aren’t enough. We have to help everyone find a stable home in the city so they can truly settle down and focus on their work.

This is especially true for the key technical staff who have relocated from other cities. Many of them are worried about housing, and these 10,000 three-bedroom apartments will help alleviate some of those concerns.

Besides, selling them at 60% of the market price ensures that the employees get a tangible benefit, while the company avoids excessive costs.

Zhuang Rui was so excited he nearly jumped up to kiss Chen Yansen.

Fortunately, Chen Yansen reacted quickly, shooting Zhuang Rui a look of disgust. “You’ve been hiding your true colors pretty well, kid.”

Back in the day at the Innovation Park, Zhuang Rui, Xiang Pengfei, and Zhang Wenbo often pulled all-nighters working on the second floor. The next morning, they would inevitably be found sleeping in pairs, arms wrapped around each other.

“Brother Sen, don’t misunderstand! I’m not… I didn’t… You’ve got it all wrong!” Zhuang Rui froze for a second, then rushed to explain once he understood the implication.

He was tempted to swear an oath right then and there that he was a straight man.

“Brother Rui, it’s only human nature. I get it,” Xiang Pengfei teased with a mischievous grin.

‘Get it, my ass!’

‘I’m a rock-solid straight man!’

Zhuang Rui rolled his eyes.

Chen Yansen couldn’t be bothered with them. He turned and walked out of the conference room, with Meng Yun following closely behind.

Half an hour later, news that the company was buying land to construct buildings had spread.

Although the housing wasn’t free, getting it at 60% of the market price was more than enough to get people excited.

A 600,000 apartment for only 360,000; a 1,000,000 apartment for only 600,000!

No one would refuse the chance to save hundreds of thousands in one go.

Chen Yansen returned to his office. After just ten minutes of rest, he received a call from Meng Yun. The investment representatives from Luzhou, Jinling, and Green City were all in the second-floor reception hall.

He grunted in acknowledgment, hung up the phone, and then let out a long sigh.

When he pushed open the door to the reception hall, he found the representatives from the three cities staring each other down in a tense standoff.

Other than Tao Jingwen, he didn’t recognize anyone else.

“President Chen!” Tao Jingwen immediately rose to her feet and approached him with a smile.

Given Meng Yuanzhi’s status, it was of course not appropriate for him to come in person.

“Secretary Tao, long time no see. I’ll make the arrangements for tonight.”

Chen Yansen said with a smile.

“President Chen, allow me to introduce you. This is Mr. Gao Fan, who oversees commerce in Luzhou,” Tao Jingwen said, gesturing to the middle-aged man beside her.

“Mr. Gao, a pleasure to meet you.” Chen Yansen shook his hand.

But he didn’t forget the representatives from Jinling and Green City, greeting them with equal politeness and enthusiasm.

Once everyone was seated, Chen Yansen picked up the three documents and leafed through them one by one.

A few minutes later, he gave Tao Jingwen and Gao Fan a deep look.

Luzhou had completely scrapped its previous investment proposal: 1.2 million square meters of industrial land, 300,000 square meters of residential land, an 8 billion subsidy for factory construction, and up to 10 billion in low-interest loans. It also included an exemption from corporate and value-added taxes for the first five years, followed by a 70% tax reduction for the next five.

Talent recruitment, R&D support, hiring subsidies, and supporting infrastructure were all just part of the basic package.

After reading it, even Chen Yansen found it outrageous.

Meng Yuanzhi’s audacity was staggering; he was even more willing to gamble than Green City!

“Mr. Gao, Secretary Tao, we’ll talk at length tonight.” Chen Yansen quickly made his choice among the three.

The representative from Green City had quick reflexes, snatching a copy of Luzhou’s proposal. When he saw the 8 billion subsidy for factory construction, his eyes nearly popped out of his head.

‘What the fuck, this is insane!’

At that moment, only one thought occupied his mind: he had to report this to Yanjing, to…

For the next three days, investment teams from all over came and went in a constant stream.

Upon learning the details of Luzhou’s proposal, all of them couldn’t help but curse up a storm.

Dozens of cities filed a joint complaint against Luzhou, accusing Meng Yuanzhi of violating regulations by offering exorbitant subsidies to win Xingyuan Technology’s semiconductor project.

But the complaint was ineffective. The entire country had been focused on economic growth for the past two years, so the higher-ups couldn’t be bothered to intervene.

And so, on the morning of November 1st, Chen Yansen, along with Gao Weilin and Liang Jingsong, held the Xingyuan Technology project launch meeting with the Luzhou Central Control Department at the Sky Garden.

As the supposed host, Xu Zhenhui sat in the audience with a bitter expression. This was his turf, yet he could do nothing but watch from the sidelines.

‘Damn you, Luzhou! This is too much!’

Xu Zhenhui was filled with indignation and couldn’t help but curse inwardly.

After all, Chen Yansen had built his fortune in Xucheng!

But after more than ten minutes of silent cursing, he could only let out a long sigh and watch helplessly.

“Boss, I’m flying to Seoul tomorrow,” Liang Jingsong whispered, leaning closer to Chen Yansen.

Chen Yansen understood instantly. Liang Jingsong intended to bring the team he had once poached from TSMC for Samsung over to Xingyuan Technology.

He knew in his heart that this move was the true sign of Liang Jingsong’s official commitment to Xingyuan Technology.

Otherwise, relying on Liang Jingsong alone, it would be ages before the project could start production.

What true tech heavyweight didn’t have their own core team?

“Be safe. How about I arrange a few assistants to accompany you?” Chen Yansen suggested.

They were nominally assistants, but in reality, they were security personnel.

“Alright, thank you, Boss.” Liang Jingsong immediately understood the implication and agreed with a smile.

This time, Jinling, Green City, and the other losing cities came to resent Luzhou.

Hu City’s attitude was the most composed. After all, they had Huaxin International. Plus, they had already used the Big Fund to obtain a substantial financial subsidy, so supporting Huaxin International was a more practical endeavor.