Reborn since 1993

Chapter 862: The Battle of the Direct Lineage
"Mr. Wu, the Shangzhong Municipal Government will definitely give full support to Tang Pharmaceutical Company in the future. I believe that Tang Pharmaceutical Company will become the backbone of the domestic traditional Chinese medicine industry!" Liang Bohua said to Wu Siwei.

Wu Siwei nodded. He had plans for the future of Tang Pharmaceutical Company.

Nominally, the headquarters of Tangyao Company is located in Shangzhong, and all industries including medicinal material planting, purchasing, preliminary processing, and pharmaceutical manufacturing will be located in Shangzhong.

However, Wu Siwei plans to move laboratories, drug research and development departments to places like Yanjing. Places like Yanjing have many talents and universities and strong R&D technology, which is much better than placing them in Shangzhong.

Li Dongling and Wu Siwei have discussed the future of Tangyao Company. In addition to self-developed Chinese medicine and development of Chinese medicine derivatives such as bird's nest, ginseng porridge and other dietary and tea beverages, the other thing is to acquire time-honored brands!

In the traditional Chinese medicine industry, the old-brand pharmacy has an amazing influence no matter how you look at it, especially within the Chinese cultural circle.

It's like when you go to the hospital, if you meet a young doctor, he will feel unreliable, but if you meet an old doctor in his sixties, you will instantly feel his authority.

The same applies to traditional Chinese medicine. It will probably take some time for users to accept new Chinese medicine after it is developed.

But if it comes to medicines like Pian Zai Huang, Angong Niuhuang Pills, Musk Baoxin Pills, and Liushen Pills, it's a different picture. Some vintage medicines are being snapped up.

As the most touted traditional Chinese medicine concept stock, Pianzihuang can sell nearly 10 billion yuan a year, with profits reaching nearly 3 billion yuan. Its market value once exceeded 300 billion yuan, which is much stronger than many companies.

As for Liuwei Dihuang Pills, which all men of a certain age have definitely tried, its status in China is basically on par with the little blue pill in America, and its annual sales are no less than the other...

Therefore, Tang Pharmaceutical Company must also acquire some time-honored brands, whether domestic or Southeast Asian, including Ren Tang, Eu Yan Sang, Ye Kai Tai, etc.

By acquiring these time-honored brands, Tang Pharmaceutical Company will acquire their prescriptions and time-honored products, and will also have its own brand.

Furthermore, if Tangyao Company does not make the acquisition, these time-honored pharmacies will also be acquired by companies in Japan, Singapore and other places, and eventually sold back to the domestic market.

If Japan really dominates the traditional Chinese medicine industry, then domestic industries such as traditional Chinese medicine planting will be controlled by Japan, just like the technology industry. China will probably become a supplier of raw materials for Japan, and in the end all the money will fall into the pockets of Japan, while it will be picky about domestic materials.

If these can be accomplished, Tangyao Company's future listing will not be a problem at all. Its market value may even exceed Wu Siwei's imagination, and Tangyao's future influence may far exceed Sanzhu!
Even more, if Tang Pharmaceutical Company can develop traditional Chinese medicine in the future, it may not be worse than the Fosun Group and the like!

……

The headquarters of Sanzhu has become much quieter now. In the past, the sales department of Sanzhu had nearly 100,000 employees, but now most of them have been laid off. Only a few branches are left in the entire Sanzhu, and the rest have closed down.

After hearing the news of the establishment of Tang Pharmaceutical Company, Wu Bingxin, the head of Sanzhu, was silent for a long time before he sighed softly.

This sigh contained too much, including regret, disappointment, and a bit of relief. Facing Qiao Dejing, Du Wenzan, and other old officials of Sanzhu who were sitting in his office, Wu Bingxin said with a smile, "It's good that they left, it's good that they left!"

Wu Bingxin certainly hoped that Wu Siwei could take over his mantle. Up to now, even Sanzhu is on the verge of death, so talking about succession is nonsense.

Wu Siwei set up his own business, and Tang Pharmaceutical Company left Sanzhu Group. Even though it severed its relationship with Sanzhu, Wu Siwei was still a member of the Wu family. At least this allowed the Wu family to retain opportunities and avoid decline.

Although Wu Bingxin sighed about Wu Siwei's switch to Dongling Hi-Tech, he also understood that this was the best choice. Apart from Li Dongling, there were probably not many people in the country who could help Wu Siwei.

Looking at Qiao Dejing and the others, Wu Bingxin said, "From now on, no matter what time it is, you can't mention the relationship between Sanzhu and Tang Pharmaceutical Company!"

“For those who are from Sanzhu and want to leave, let them go. For those who want to go to Tang Pharmaceutical Company, if they are suitable candidates, they can try Tang Pharmaceutical Company!
Including you!"

There was a hint of sadness and relief in Wu Bingxin's words. As a father, he always hopes that the next generation can surpass his father.

As for Wu Siwei, there is not much that Wu Bingxin can help with now. Sanzhu's reputation has already been ruined. Asking Sanzhu to stand up for Tangyao Company would be like pushing it into a fire pit, and they won't be able to help much financially.

Sanzhu's revenue seems to be very high, but that is the result of spending a lot of money on advertising. A considerable portion of its annual profit is given to TV stations and newspapers, so the actual profit is not high.

At present, the only people who can support Wu Siwei are some talents and old officials of Sanzhu. Sanzhu can become a giant company, which must have a group of capable people. Qiao Dejing and others were also silent for a while. They could hear the meaning of Wu Bingxin's words. In fact, Wu Bingxin also knew the situation of Sanzhu, and Wu Siwei's establishment of a new company also represented the future choice of the Wu family!

……

Quancheng, as the capital of Qilu Province, has busy streets now. However, within Qilu Province, Quancheng's status is somewhat embarrassing.

Because now in Qi and Lu, Jiaozhou has the highest economic level, so the dispute between Jiaozhou and Quancheng has never been settled. Even when people from Jiaozhou go abroad, they call themselves Huaxia Jiaozhou instead of Qilu Jiaozhou. This situation also happened to the famous Thirteen Protectors of Bulk Province...

Not only Jiaozhou, but also Laizhou, Yuandu and other places in Qilu Province have economic levels not much different from Quancheng. This makes the status of Quancheng increasingly embarrassing. When its strength cannot suppress its brother cities, how can it convince the public?
A Quancheng city government meeting had just ended. Peng Huaizhi, the mayor of Quancheng, returned to his office with a gloomy face.

As soon as the office door was closed, Peng Huaizhi could not help but throw all the documents in his hands to the ground. Peng Huaizhi's chief secretary, who was standing in the office, couldn't help but tremble and didn't dare to breathe, for fear of getting into trouble.

"You old bastard, you are going too far!"

Peng Huaizhi was so angry that he couldn't help but curse in his hometown dialect. At this time, he didn't care about the walls having ears. Anyway, it was already known to everyone that he, Peng Huaizhi, and the previous leader of Quancheng, a man named Yao, didn't get along well. There was nothing to hide.

Where there are people, there are rivers and lakes, and the disputes in official careers are even more intense. As a local of Qilu, Peng Huaizhi certainly had ideas about the position of the leader of Quancheng, and he also did some work, but in the end the position fell to Yao Zhengru.

It would be impossible for Peng Huaizhi to say that he had no dissatisfaction with Yao Zhengru, not to mention that Peng Huaizhi was known for his domineering behavior and always kept his word.

After Yao Zhengru came to Quancheng, Peng Huaizhi started to have disputes with Yao Zhengru after a few times. Peng Huaizhi acted in a domineering manner, but Yao Zhengru, who looked elegant, was not a kind-hearted person!

This time it is because a Japanese knitting company is going to build a factory in Quancheng, claiming to invest 15 million US dollars and build a high-end suit factory with an annual output of sets in Quancheng in the future.

However, this investment required the Quancheng City Government to provide the land, and the Japanese benzene manufacturer only invested one million US dollars. The Quancheng City Government then provided a guarantee and first borrowed money from a local bank in Quancheng to build a factory and purchase equipment.

To put it bluntly, this Japanese benzene knitting company has a bit of a taste of getting something for nothing. Once the factory is built and the equipment is purchased, if the profit is good, the Japanese benzene manufacturer will invest 5 million US dollars as agreed.

If the profits are not good, they will probably just walk away. You can't expect any follow-up money, and the mess will be left to the Quancheng government to clean up.

Yao Zhengru was skeptical about this investment because the risk was quite high and the textile industry was in a downturn. Even textile companies in Quancheng were going bankrupt one after another. Who could guarantee that the suits produced by the company invested by Nichiben would be a big seller?

Taking the current market situation in China as an example, if a brand of clothes becomes popular, it won’t be long before the streets are filled with the same styles.

The focus of the dispute between Yao Zhengru and Peng Huaizhi was that Yao Zhengru required the Nichiben Knitting Company to invest the full amount and then spend money to buy land, build factories, and purchase equipment.

Peng Huaizhi was inclined to agree to the conditions of the Nippon Benzene Company and let the Quancheng Municipal Government advance part of the money to complete the order.

This is an investment of 5 million US dollars, nearly 40 million RMB. Especially this year when the entire Asian economy is in recession, it is even more difficult for domestic cities to attract investment.

Previously, Peng Huaizhi took the project to Yao Zhengru for signature, but the deal failed. Unwilling to give up, Peng Huaizhi brought up the project again at the Quancheng City Government Meeting today. Unexpectedly, it was rejected by Yao Zhengru in public. It would be strange if Peng Huaizhi, who always keeps his word, could be in a good mood.

The office door was pushed open, and Bai Xiangyi, the head of Quancheng Investment Promotion Department, walked in and said to Peng Huaizhi, "Old leader, calm down. Our new leader is not easy to serve!"

Bai Xiangyi was Peng Huaizhi's confidant and also a member of the Qilu local faction. Yao Zhengru's sudden arrival not only affected Peng Huaizhi, but also changed the careers of many more people, including Bai Xiangyi.

With a sneer, Peng Huaizhi said, "I think he is used to a good life and has no idea what life is like in Quancheng. He doesn't even care about a $5 million investment?!"

Peng Huaizhi and others were of course aware of Yao Zhengru's brilliant resume. The miracle of Pingyang, the dark horse city, was created by Yao Zhengru.

Moreover, during this visit to Quancheng, Peng Huaizhi also heard that the Yenching Economic and Trade Commission and other departments had expressed their support for Yao Zhengru, and he understood that Yao Zhengru had followers in Yenching.

(End of this chapter)