I confess, I am the Mr. Richest
Chapter 313: Top Ten Villa Areas in Shanghai

Chapter 313: Chapter 313: Top Ten Villa Areas in Shanghai

If Chu Chen, the second-largest shareholder, wasn’t here, Chen Zhenyu would still have the authority to make decisions.

But since Chu Chen was present, Chen Zhenyu naturally had to listen to him.

Since Shi Xiuyong stirred up trouble, Ferrari absolutely had to respond.

"20% off."

Chu Chen spoke.

Very few people had the means to purchase a Ferrari or a Lamborghini.

Even though this was Shanghai’s largest international auto show of the year, with the most attendees, sales wouldn’t be many.

After all, these were luxury cars worth millions.

Even with discounts, the losses wouldn’t be substantial.

"We will also publicly announce a 20% discount for Ferrari."

Chen Zhenyu hurriedly went to arrange it.

Very soon, word of the discount spread, and part of the customers were tempted.

Lamborghini was impacted.

"What?"

Upon hearing the news, Shi Xiuyong was thrown off.

If there had been another option, Lamborghini wouldn’t have offered a 10% discount.

Not even the famous boy band from South Korea he had hired could outperform Ferrari, leaving Shi Xiuyong with no choice.

It was a bold decision.

Initially, he thought he could use this strategy to trump Ferrari.

However, he never anticipated that Ferrari would go even further, offering a 20% discount, which meant they might incur losses.

"Fine, very good."

Shi Xiuyong was thoroughly enraged.

"Alright, isn’t it a price war? I’ll accompany you to the end. Announce publicly that today, Lamborghini will offer a 30% discount!"

Shi Xiuyong said, refusing to back down.

Ordinarily, an auto show official wouldn’t have that kind of authority.

But Shi Xiuyong was different; he was the vice president of Lamborghini’s Greater China region!

Originally, he wasn’t in charge of this Shanghai International Auto Show, but the previous official was reassigned overseas, and Lamborghini couldn’t find a senior manager, so Shi Xiuyong took over.

But now, Shi Xiuyong was clearly out of control, offering a 30% discount, which was beyond his authority.

"Yes."

The staff didn’t dare to object, despite being extremely surprised, and immediately rushed to make arrangements.

The announcement instantly attracted countless attention.

It even triggered a heated discussion online, landing on the trending list.

"50% off."

Over at Lamborghini’s side, Chu Chen spoke.

Although cutting the price to 50% would result in losses for Ferrari, it meant nothing to Chu Chen.

With Chu Chen’s current assets, he would recuperate the loss in less than an hour.

While Shi Xiuyong lost his cool, Chu Chen didn’t. He had another agenda in this price war.

While he communicated with Chen Zhenyu, Chu Chen also contacted higher-ups at Weibo.

Chu Chen planned to take advantage of the situation to boost Ferrari’s popularity, attracting more viewers.

Later, they could organize some small events and offer slight discounts to maintain the buzz.

Once the attention increased, sales would inevitably rise.

The loss was only for today and limited.

However, a timely hype could bring tremendous benefits to Ferrari!

Since it’s now popular to livestream merchandise sales, why not do that for Ferrari as well?

When the news of Ferrari’s 50% discount spread, it instantly caused a massive sensation.

It even made it to the top three on the trending list!

Ferrari’s sales began to soar.

On the other side, after hearing about the 50% discount, Shi Xiuyong gritted his teeth and matched the offer.

Lamborghini’s sales also began to rise.

But in less than an hour, Shi Xiuyong received a call from Lamborghini’s Asia-Pacific region president.

This was his superior’s superior.

Over the phone, the Asia-Pacific president scolded Shi Xiuyong harshly.

Offering a 50% discount was beyond Shi Xiuyong’s authority.

The president told Shi Xiuyong that Lamborghini’s losses today would be solely his responsibility.

Shi Xiuyong’s face turned pale with fear.

In just an hour, they had already lost tens of millions!

He had suffered a huge loss!

Immediately, Shi Xiuyong ordered Lamborghini to stop the discount and revert to the original price.

The announcement immediately provoked countless derogatory remarks!

Lamborghini’s credibility plummeted.

After Lamborghini’s retraction, all customers’ attention shifted to Ferrari.

Upon learning that Ferrari would keep its promise, these folks started lauding Ferrari.

Ferrari received rave reviews.

Meanwhile, the Asia-Pacific region president received a call on Ferrari’s end.

But upon understanding it was Chu Chen’s decision, the Ferrari Asia-Pacific region president stayed silent.

He even approved of the approach.

That day, Ferrari lost nearly one billion.

But as Ferrari’s reputation soared and its popularity continued to grow,

Ferrari sales across the country began to surge.

By the fourth day, profits had covered the one billion loss.

Ferrari’s nationwide monthly sales skyrocketed with profits increasing by a substantial eight billion!

In gratitude to Chu Chen, Ferrari’s headquarters decided to allocate half of these profits as a reward to Chu Chen.

Inadvertently, Chu Chen’s net worth increased by several billion.

...

On another front, Chu Chen received an invitation from Mo Yuwan’s father, Mo Aoqun, the president of Wanxiang Group.

He invited Chu Chen to his home for tea.

That afternoon, Chu Chen went with Mo Yuwan.

In the lavish villa district of Huazhou Junting, Mo Aoqun strolled within his recently acquired villa,

which he had purchased at a hefty price.

Huazhou Junting, a renowned villa district in Shanghai, was rumored to be amongst Shanghai’s top ten villa districts.

Each villa in Huazhou Junting covered an average of 5 acres, with stand-alone areas of 1300-1400 square meters.

There were 21 stand-alone villas, each showcasing unique architectural styles, exuding classical, grand, and luxurious flair.

As early as a decade ago, the price of each villa in Huazhou Junting had exceeded 150 million.

Nearly ten years later, the price now was staggering!

While ranked mid-level among Shanghai’s top ten villa districts, and far less expensive than the legendary Tang Palace,

those residing in Huazhou Junting were either affluent or influential, undoubtedly prominent figures in Shanghai!

This time inviting Chu Chen, Mo Aoqun just wanted to flaunt his newly acquired mansion.

Soon, Chu Chen and Mo Yuwan arrived.

"Hello, Mr. Chu."

Mo Aoqun greeted courteously.

"This is the villa I just bought. Could you help me assess it, Mr. Chu?"

Mo Aoqun said politely.

He gave Chu Chen a tour, during which he failed to see any hint of surprise on Chu Chen’s face, leaving his ego a bit bruised.

"Mr. Chu, the villas at Huazhou Junting are more precious than the luxury homes at Tomson Riviera."

Mo Aoqun bragged as they strolled around.

While they walked by the garden, footsteps approached.

A neatly dressed young man came in.

"Uncle Mo, I didn’t expect you to move here too?"

"What a coincidence."

The young man greeted Mo Aoqun very politely.

But subtly, his gaze lingered on Mo Yuwan, harboring a trace of ill intent.

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