#NationalTopLuxuryVillaDistrict

#WhoIsTenglongRealEstate

#JiangzhouMid-Levels

Within an afternoon.

Due to the interview with Zhao Jiwei in front of the Jiangzhou Land and Resources Transaction Center.

Several Weibo hashtags emerged.

Mainly because there were no recent high-profile political news or celebrity scandals involving infidelity, prostitution, or drug use, there was room for various idle topics to gain traction on social media.

With many netizens looking for something to talk about.

The emergence of these hashtags caused a stir!

The usually calm Weibo and Douyin suddenly erupted.

"Wow, as a Jiangzhou resident, I can responsibly say that after nightfall, the Mid-Levels is a popular spot for clandestine affairs and recreational activities! They spent 6.8 billion to develop the nation's top luxury villa district? Who is this Tenglong Group?!"

"666666, the domestic real estate industry is entering a downturn, and they still want to develop a top luxury villa district? And on a mountain they bought for 6.8 billion? Can any experts explain this move?!"

"The Shenzhen Bay No. 1 project in the Special Economic Zone still has a lot of unsold luxury homes. Do they think wealthy people are stupid? What era is this? Still developing luxury villas? I bet it will either be an unfinished project or remain unsold. If not, I'll livestream myself using five electric fans at once!"

"What exactly is Tenglong Real Estate? Can anyone tell me about them? I searched on Baidu, but there's not much information!"

"Zhao Jiwei is the representative of Tenglong Real Estate? Isn't he the son of the nouveau riche Zhao Qian? Like father, like son, nothing surprising. Everyone, move on! We can't understand the ways of the nouveau riche!"

Discussions spread under these hashtags.

Correspondingly.

The name "Tenglong Real Estate" quickly climbed the Baidu trending search index.

With this surge in searches.

Soon.

Countless people discovered new information.

Because on the enterprise information website for Tenglong Real Estate, regarding the company's equity structure.

The major shareholder was not the coal magnate's son, Zhao Jiwei.

But Ye Chen, holding 51% of the shares!

After discovering this equity structure.

Everyone automatically ignored Zhang Jingshan and Li Changfeng, each holding 5%, and even Zhao Jiwei, holding 39%, was disregarded.

All eyes focused on the name Ye Chen.

Ye Chen... Ye Chen... It's Ye Chen again!

How is he everywhere?!

It hasn't even been a few days since he acquired a semiconductor technology company for 700 million.

And now he's the major shareholder of Tenglong Real Estate, owning 51%?

In other words, of the 6.8 billion spent on the Mid-Levels auction, 3.4 billion belongs to him... and this is just the auction price, not including the development costs!

"OMG, the major shareholder of Tenglong Real Estate is Ye Chen! The boss of Yiren Ruxue, Ye Chen!"

"He's everywhere! Did he make the decision to spend billions to develop real estate in Jiangzhou Mid-Levels? This is unbelievable!"

"Tenglong Technology, Tenglong Real Estate... I should have known, it's that nouveau riche!"

"A person who runs a skincare company has, in less than half a year, entered the semiconductor technology and real estate industries. He's determined to squander his assets! Jumping across so many industries in such a short time... They say every industry is like a different world, but he's crossed them all!"

"I don't understand one thing. Didn't he just spend 700 million to acquire a semiconductor company? Now he's the major shareholder of Tenglong Real Estate, which spent 6.8 billion on Jiangzhou Mid-Levels, and will need to invest at least another 3-4 billion. Where did he get so much money? I just calculated that due to production limitations, the sales volume and revenue of Wuxia Cream in the past few months can be clearly calculated. Even without considering costs, the total sales of Wuxia Cream are far from enough to support such spending!"

"What you said is alarming! A person who was penniless a few months ago suddenly created a product like Wuxia Cream and then made a series of extravagant cross-industry investments. Compared to Yiren Ruxue's revenue, these huge investments don't match up! Shouldn't the relevant authorities investigate his source of funds?"

"OMG, you're right! Is he laundering money for someone or some organization? There seems to be no other explanation. Six months ago, he was penniless, willing to risk his life drinking a whole bottle of high-proof liquor for a 500 yuan bet, and was even beaten up by loan sharks. A few months later, he's spending billions on acquisitions and investments? This is suspicious!"

"@National Bank of China, aren't you going to investigate @YeChen's source of funds?"

"I've seen nouveau riche, but never like this. Ye Chen definitely has a problem, a huge problem. I'm afraid to speculate further, but I have a feeling he's going to ruin himself soon! He's a classic example of 'those whom the gods wish to destroy they first make mad'!"

Ye Chen never imagined.

The investigation into Tenglong Real Estate's equity structure would lead to accusations of money laundering against him.

Even more unbelievably.

Due to numerous reports from envious and malicious people.

The National Bank of China actually launched an investigation into him!

Because what happened to Ye Chen was too unbelievable.

At least, someone like him was unprecedented and unique!

There are many nouveau riche, but someone like Ye Chen is unheard of!

Beijing, Head Office of the People's Bank of China.

Anti-Money Laundering Office.

The middle-aged director of the Anti-Money Laundering Office was frowning at the online discussions.

His expression grew more serious.

If Ye Chen's source of funds was truly problematic, many people would be in serious trouble.

After some time.

There was a knock on the office door.

"Enter!"

Several men and women in suits walked in quickly.

They said in unison, "Director!"

"What did you find? Is there anything suspicious? How much money is in his accounts now?" the director asked with a grave expression.

"Over 20 billion!" one of the men replied.

"What?"

The next second.

The head of the national anti-money laundering administrative department jumped up from his chair.

He exclaimed in disbelief!