Four days later, in the offices of Tenzhi Technology.
"I probably won't go, Brother Sun." Chen Mengchuan shook his head, making it clear that he did not really want to attend the auction.
"You've been a hands-off boss for long enough. You have to come with me today." Sun Zhongyong voiced his dissatisfaction openly.
"Ahem, fine. Just call me when it's time to leave." Unable to withstand the persuasion, Chen Mengchuan could only agree.
After leaving Chen Mengchuan's office and closing the door behind him, Sun Zhongyong burst into laughter.
Before long, there was a knock on the door, and Zhao Wanyu walked in with a smile. "Come on, Mengchuan. Time to go."
Chen Mengchuan nodded, closed his laptop, stuffed it into his backpack, and stood up.
After the two went downstairs, Sun Zhongyong had already prepared the cars. Their group set off for Shanghai City in four vehicles.
This auction was being held at a large auction venue in Shanghai City's Yangpu District, with seating for more than four thousand people.
"How have you arranged this auction?" Chen Mengchuan asked.
Sun Zhongyong smiled. "Electronic rapid bidding. It's an auction format Achen chose after studying current auction methods around the world."
"Tell me about it." Chen Mengchuan indulged his urge to explain.
"Other than the Huaxia region, overseas countries and regions have been divided into 327 agency areas of varying sizes. Each agency area is a separate auction lot. Every registered buyer is assigned regional permissions based on their qualifications. The regions each buyer can bid on have their own restrictions, and then they bid within their respective regions," Sun Zhongyong explained.
"What about the auction lots?" Chen Mengchuan asked.
"The lots depend on the region. The more popular and affluent the area, the more intense the bidding naturally becomes.