In the eyes of outsiders, Future Technology was practically giving this money away for free. After all, triangular accounts were all the rage these days, and paying first and delivering later was already considered extremely unusual. And Future Technology had gone even further, paying for several years' worth in advance.
Of course, the money wasn't being given away for nothing. After the wedding, before Zhuang Tunan had even had time to leave, Wang Yue came to see him about the money.
The reason Wang Yue had sought him out was simple. Wang Yue's new strategic partnership with the Textile Factory was meant to help rein in housing prices, and they needed a construction company to build the homes.
Shanghai's housing market had already taken off. At more than three thousand yuan per square meter, prices were several times the local wages, and many native Shanghainese couldn't afford to buy. Most of the buyers were foreigners and people from elsewhere in China.
Wang Yue thought of the terrifying housing prices China would have in the future. He worried that collective enterprises would eventually collapse under the burden of providing housing for their residents.
After all, when housing prices climbed too high, the costs of construction land and building materials would keep rising, pushing construction costs higher and higher. In the end, those exorbitant prices would become a disaster.
Wang Yue planned to establish a construction company and use the opportunity presented by Future Technology's partnership with the Textile Factory to build homes for its employees. At the same time, the company would upgrade the factory buildings and make a name for itself.
This wouldn't directly bring housing prices down, but if collective enterprises were freed from the burden of providing housing, more of them could stay afloat. And without large numbers