Chapter 67

After a round of bargaining, Li Xiangdong sold the second and fifth pieces for 55 million each, the third and fourth pieces for 80 million each, and the first and last pieces for 70 million and 66 million respectively, bringing the total value to 406 million. Li Xiangdong went to the market management office to issue invoices, paid his individual income tax, and completed the transactions in no time. Huadong Gold Group alone scooped up three of the pieces, while the remaining three were divided up among the three most powerful buyers present, one piece each. Holding their jade pieces, everyone beamed with joy; once processed back home, the profits would undoubtedly double. This was the advantage of acquiring stones right at the cutting site. Even though the jade fetched a high price after a major strike, sellers were willing to part with it at a steep discount compared to market value in order to cash out quickly. Although the Dragon Stone Jade Li Xiangdong had cut was valued at a billion or even more, realizing that price required processing it into finished goods and pushing them to market. Li Xiangdong had no desire to wait that long; a quick and decisive sale was much better.