He can afford to overpay because his company is a front for the Chinese Communist Party and does not need to be profitable.
It's a good cover for bringing more Chi-com nationals (agents) into the US in a sensitive area for Defense research and development.
Plus, New Hampshire's 1st in the nation primary is a perfect point of influence for the Chi-coms to influence US Presidential Elections.
Zhong Shanshan, the chairman of Nongfu Spring, a Chinese beverage company, has recently acquired a property in Nashua, New Hampshire, near the Pennichuck water system. This purchase has sparked concerns among local officials and residents due to the potential implications for the town's water supply and national security. While the company claims it's only purchasing water for a new beverage plant, not the water company itself, some are wary of the opaque nature of the deal and Zhong's close ties to the Chinese government.