A doctor who travels through two eras

Chapter 860 Pien Tze Huang Sued

When Yin Lianyi heard that her boyfriend was going to spend a lot of money, she didn't object, because she knew the company's financial situation and that no matter how much the year-end bonus was, it would be a pittance.

Last year, the combined turnover of all companies under the Lingnantang Group exceeded 300 billion yuan (Pu'er tea was a huge success).

After deducting taxes and accounting expenses, the company suffered a loss of 20 billion.

Yes, you read that right. Just like some companies, they made a fortune for a year, but after doing the math, they ended up losing money?

The main reason for Lingnantang Group's losses is the failure to receive timely payments for goods from Africa, which is well-documented...

But Yin Lianyi knew that the net profit was actually a positive number, because the money secretly transferred to overseas accounts amounted to $30 billion.

Even if Lin Sanqi didn't say anything, Yin Lianyi guessed that this money was definitely Lin Sanqi's private money, and certainly not his so-called cost or profit sharing with so-and-so.

Therefore, Lingnan Hall is not short of money, and the boss, Lin Sanqi, is willing to share the company's profits with others. Naturally, he will distribute money generously so that all employees can enjoy the benefits.

Even if he doesn't pay out money, if a major domestic corporation really wants to take action against Lingnantang, they can take down the whole company, freeze its accounts, seize its assets, and the company's money will belong to someone else.

Instead of doing all the work for someone else, it's better to give out more now. This will also win back employee loyalty, and we can all prosper together.

Lin Sanqi had always had paranoia, but for someone like him, a kid from an urban village, it was always better to be on guard than to be caught off guard.

"There's a third thing I need you to handle personally. It's a private matter, and it concerns our family's savings. I've acquired another batch of antiques, this time mainly from the Han and Tang dynasties."

"I've already stored the antiques in the basement vault of my villa in Hong Kong. You need to cross the border to Hong Kong immediately, contact Sotheby's, and have them appraised and then auctioned. As usual, neither the artifacts nor the funds will pass through the mainland."

If Yin Lianyi would have been surprised before, she's now numb to it.

Anyway, it's no use asking. The answer will be that the cultural relics were acquired from abroad, so they should take advantage of the booming economy and cash out as soon as possible.

"Okay, I understand. I'll handle this personally. By the way, are you still planning to invest the auction proceeds in US stocks?"

Lin Sanqi stroked his girlfriend's smooth back:

"Yes, only invest in the ten US stocks I circled last time, and don't invest in the others."

Honey, I don't even know how much money we have right now. We have hundreds of billions of dollars in the US stock market, and we have hundreds of tons of gold in our homes in Hong Kong and Huadu.

So we're already financially independent. We could have just retired long ago and didn't have to work a lousy job every day. It would have been so much more fun to travel the world and make short videos.

But that won't do. I have a huge business in Africa, and many people depend on me for their livelihood.

So, my dear wife, you'll have to keep working hard and not stay home as a pampered housewife.

Yin Lianyi suddenly remembered something, sat up straight, revealing a patch of white skin:

"Oh dear, we've been so focused on the wedding today that I forgot to tell you that something big happened at the company. We just received a lawyer's letter today."

Fujian Zhangzhou Pharmaceutical Factory has officially filed a lawsuit against us, demanding that we cease using the name "Pian Zai Huang" to sell drugs and compensate them for losses of 5 million RMB.

Upon hearing that he would have to pay compensation, Lin Sanqi refused.

"What's going on? Our Pien Tze Huang is made entirely according to ancient methods, using only the finest ingredients. It can't even compare to Zhangzhou Pien Tze Huang. How come they're accusing us of selling counterfeit medicine?"

Yin Lianyi explained:

“It’s not about selling counterfeit medicine, it’s about suing us for trademark infringement. They mean that only Fujian Zhangzhou Pharmaceutical Factory Company can use the name Pian Zai Huang, and Huadu Lingnantang has no right to use it.”

Upon hearing that it was a trademark infringement, Lin Sanqi immediately calmed down.

If they say that Lingnan Hall is selling fake medicine, then Lin Sanqi will risk all his savings to fight them to the bitter end, because that would ruin Lingnan Hall's reputation.

Lingnan Hall's business of practicing medicine is all about reputation. Anyone who dares to cross that line will be sworn enemies with Lin Sanqi.

As for whether it constitutes trademark infringement, that doesn't matter, since he's already prepared and has complete evidence in hand.

"Trademark infringement isn't a problem. Pien Tze Huang isn't exclusively owned by Zhangzhou Pharmaceutical Factory. It's a name passed down from generations of traditional Chinese medicine practitioners and doesn't belong to any one person or company. It's like yellow wine; it's a generic name that anyone can use. At worst, the trademarks are different. There are Guyuelongshan Yellow Wine, Kuaijishan Yellow Wine, Nuerhong Yellow Wine, etc. Who says that only one winery can use the words 'yellow wine'?"
However, the fact that they're suing us doesn't seem like such a bad thing..."

Lin Sanqi thought of his time in the 1960s in another era, where he planned to purchase a large quantity of Chinese herbal medicines and produce a large quantity of secret formula medicines, including Pien Tze Huang.

Pien Tze Huang, a traditional Chinese medicine that has been excessively mythologized, has become a staple medicine for everyone from the wealthy to the middle class.

Take one pill for any inflammation, another for any heat rash, or even another for weakness or deficiency of vital energy, as a tonic.

Some business owners, salespeople, and others even regard Pien Tze Huang as a miracle drug for relieving hangovers and protecting the liver.

Therefore, Pien Tze Huang has a very large sales volume and is one of Lingnantang's flagship products.

Lingnantang only offers 50 pills of Angong Niuhuang Wan per day, while Pien Tze Huang is available in 300 pills per day, priced at 1000 yuan per pill, and even then, demand still exceeds supply.

When Lingnantang first tested the waters, it supplied only a small amount each day, and Zhangzhou Pharmaceutical Factory turned a blind eye to it.

With the supply from Lingnantang increasing day by day, and rumors circulating among the people that Lingnantang's Pien Tze Huang was far more effective than Zhangzhou's Pien Tze Huang, Zhangzhou Pharmaceutical Factory could no longer tolerate this.

Act decisively.

Suing others to prohibit the use of the name "Pien Tze Huang" is a piece of cake for Zhangzhou Pharmaceutical Factory. They frequently litigate such cases and have never lost.

Like a certain company that makes Nanshan tumbler dolls, no one can win against them in court.

For Lin Sanqi, this intense clash was inevitable, and he had been prepared for it long ago, so he wasn't afraid of going to court at all.

Even if he loses the lawsuit due to some force majeure, he can still change it to "Babao Dan" and continue to sell it.

As long as it is effective, there will be many repeat customers, and word of mouth will spread, making it a blockbuster miracle drug.

The popularity of Pien Tze Huang may well be due to the hype from Zhangzhou Pharmaceutical Factory; it's simply a matter of good advertising and marketing.

Speaking of advertising, Lin Sanqi made up her mind and said to Yin Lianyi:
"Don't worry, let them sue us if they want. It'll be free publicity for us."

Just like when we sold Pu'er tea, which led to a lawsuit from the Yunnan Pu'er Tea Association, it eventually became known throughout the country and actually promoted us.

So we took the case and assembled the strongest legal team with Fifth Brother and Fifth Sister-in-law. Don't be afraid to spend money, and don't skimp on hiring media reporters to create hype.

The other party is also clever; they chose to file a lawsuit in Fujian, giving them a home-field advantage, and we are likely to suffer a loss.

But we're not afraid of taking a loss; we can take the case up the legal ladder, and if the local courts can't handle it, there's always the Supreme Court.

Then this sparked a major discussion: Is Pien Tze Huang a brand name or a generic name?
Or, to put it another way, whether traditional items belong to the general public or are the exclusive property of a particular company—this intellectual property issue needs to be clarified.

Yin Lianyi was immediately dissatisfied upon hearing this.
"No, I already have enough to do. Don't you care about me at all? You should handle this yourself. As the big boss, you can't always just shirk your responsibilities. Be careful you don't end up being sidelined."

Lin Sanqi smiled and hugged his girlfriend tightly.
“Your younger brother Yin Lianbo and younger sister Yin Lianyi are still young, so I am not afraid of the maternal relatives seizing power. You should be even less afraid of the harem interfering in politics. Your Yin family cannot handle Lingnan Hall.”

Yin Lianyi gritted her teeth in anger, then suddenly smiled charmingly.

"Husband, I want more..."

"Damn it, you fairy, stop messing around, let me rest..."

"What's there to rest about? Let's get up and have some fun..."

The next day, Yin Lianyi emerged from the Maybach looking refreshed and radiant as she returned to her finance department.

Lin Sanqi sat in the back seat of the car, looking like a lump of mud, his face sallow, barely breathing.

Lin Yaliang, who was also the driver, bodyguard, and cousin, quietly handed over a thermos:

"Thirteenth brother, here, this is a kidney-tonifying and essence-boosting soup that I specially prepared in advance. Your sister-in-law stayed up all night, so please drink a few more sips." (End of this chapter)

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