A high school in Xinning County, Hunan Province, China, recently invited bids for the lease of a school kiosk, and the transaction price was as high as RMB 3.2 million. (Video screenshot)
Recently, netizens on social media platforms in mainland China broke the news that a middle school in Xinning County, Hunan Province recently invited bids for the lease of the school’s kiosk, and the transaction price was as high as 3.2 million yuan (RMB, same below). The news shocked many netizens and got them talking.
The video clip exposed online by Chinese netizens shows the words “public auction for the lease of the kiosk in a certain middle school” on the big screen at the bidding site. A woman in the stands to preside over the bidding process, there are several staff members also sitting in the stands, there are a number of bidders competing with each other offstage, someone constantly shouting “2.1 million”, “2.2 million” … … …In the end, the kiosk was sold at a high price of $3.2 million.
A small school kiosk, leasing rights transactions are often bidding for millions of dollars, so many netizens look dumbfounded. The company’s business is a small business, but the company’s business is a small business, but the company’s business is a small business, but the company’s business is a small business, but the company’s business is a small business, but the company’s business is a small business, but the company’s business is a small business, but the company’s business is a small business. How much profit margin is needed to pay back the capital? The people below the competition are stupid?
There are also netizens who say, as the saying goes, “the wool comes off the sheep’s back,” and believe that the final bill for such a high transaction or the students of the school. Some netizens said: No wonder the school kiosk sells more expensive things, there is a reason for this!
(Web screenshot)
As the netizens who released the video intentionally blurred the characters on the tender site, the name of the school involved in the video is not very real, blurred in what appears to be “Xinning County a high school”.
The video clip quickly spread on the Internet and attracted the attention of the mainland media. However, when a reporter contacted the school in question for more information, the principal claimed that the school did not know the transaction price of the kiosk; the Xinning Education Bureau staff also said they were “not sure” about the matter.
In a related report, the mainland media questioned whether it was believable that the school said it did not know the transaction price when the school’s commissary was put out to tender. Regardless of whether the price of the school’s commissary lease is appropriate, the school’s response alone is irresponsible. I’m afraid that the final bill for such a tender will be paid by students who have no income.
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