The wealthy entrepreneur: I want to support millions of employees!.

Chapter 947 No one can guarantee that the research and development will go smoothly! Research and development requires money!
"Professor Su, what do you think?"

Su Yaohui took a deep breath and said helplessly, "Research and development funds... are indeed somewhat scarce!"

The fact is, employee salaries and benefits have been reduced since the middle of the year.

Su Yaohui wasn't good at talking, and after drinking a few sips of beer, his mind became even more sluggish.

He usually doesn't drink alcohol, but he might have a beer with someone during the Chinese New Year!
By asking Su Yaohui this question, Su Yang was essentially bullying an honest man.

As for the title of Professor Su, Su Yaohui did indeed come from a research institute and held the title of professor.

He actually prefers the title "Professor Su" to "Vice President Su"!

He was unhappy with his job at the research institute, so he went into business and started his own company. Romi is the company he founded!

Later, after his savings and the money from the original shareholders were all burned up, he had no choice but to introduce other capital, and then he gradually lost some of his say in the company!
Of course, he is very authoritative within the company, but the most important part of Romy is the R&D department!
"However, if President Su injects funds, I believe in the capabilities of our R&D department. We expect to achieve a phased success within six months and produce a finished product within two years!"

Seeing that Su Yaohui finally showed his boss-like demeanor and stopped saying discouraging things, Song Mingliang and Xu Cheng both breathed a slight sigh of relief.

"This must be based on the premise that the research and development went smoothly!" Su Yang said with a smile. "As far as I know, innovative drugs are not that simple. Many aspects can go wrong, leading to failure!"

Su Yaohui fell silent.

Song Mingliang and Xu Cheng were also somewhat silent. After spending the day together, they knew that Su Yang was not a novice. While he might not be a professional, he was at least somewhat knowledgeable and understood the various aspects of the process.

It's probably because Su Yang owns the veterinary drug company, Chuanrong Animal Medicine.

Su Yang looked at Su Yaohui seriously and said, "Professor Su, can you guarantee that everything will go smoothly?"

Su Yaohui pursed his lips, adjusted his glasses, hesitated for a moment, and said, "No!"

"Ok!"

He looked at Su Yang and said, "No one can guarantee that the development of new drugs will go smoothly, not even an international giant like Pfizer!"

Song Mingliang rubbed his forehead, and Xu Cheng touched his nose, but just then, Su Yang raised his glass, stood up from his seat, and smiled as he toasted Su Yaohui:

"Professor Su, I really appreciate your honesty!"

Su Yaohui was stunned for a moment, then quickly stood up, picked up his beer and clinked it with Su Yang across from him.

Song Mingliang and Xu Cheng looked at Su Yang with some surprise, wondering why he was smiling!

Su Yang raised his wine glass and said, "I really appreciate Professor Su's candor, and I also believe that Romi Bio has considerable investment potential!"

Song Mingliang asked with delight, "So, President Su is willing to invest money?"

Even Su Yaohui's eyes lit up!
"I can only say that it's something we can consider!" Su Yang smiled, took a sip of his drink, and sat back down in his chair. "Our Jufan Holdings does have plans to get involved in the medical field. Chuanrong Veterinary Medicine is just our initial exploration. I think Luomi Biotechnology, with Professor Su overseeing it, is quite good!"

This is definitely not a lie; Su Yang is interested in industries with a lot of employees or high profits!
He will definitely get involved in the medical industry if the opportunity arises, after all, it is a very promising industry.

And Romi Biotechnology is a very good entry point!
Song Mingliang: "This..."

Xu Cheng asked in surprise, "President Su wants to acquire Romi?"

“Yes!” Su Yang looked at Song Mingliang and Su Yaohui and said, “If we can acquire them, at least I won’t let you lack R&D funds, and the company’s employee benefits can be restored to what they were before the new year!”

Song Mingliang looked at Su Yaohui, who was also surprised that Su Yang wanted to acquire the company!
However, Xu Cheng explained in detail, "President Su is a real rich man with a net worth of tens of billions. He's a big shot in Rongcheng's financial circle. During this bull market, President Su's financial company successfully bought at the bottom and made at least tens or hundreds of billions. He's not short of money!" After realizing Su Yang's intention, even without exchanging words, Xu Cheng began to actively help Su Yang.

Xu Cheng then said to Su Yaohui, "Professor Su, if President Su is willing to support you, your research and development funds shouldn't be a problem. President Su can easily feed you all by casually browsing the stock market!"

Song Mingliang was somewhat tempted, knowing that Su Yang was the chairman of Jufan Holdings.

But he didn't know that Su Yang was a big shot in the financial world... a major capitalist!

As for Su Yaohui, he still has a good impression of Su Yang, but he is too young!

Song Mingliang hesitated for a moment and then asked Su Yaohui, "Vice President Su, what do you mean?"

Su Yaohui thought for a moment and said, "Uh... the company is really short of money right now!"

Although he didn't say it explicitly, he has already made his stance clear.

To be honest, after the company cut salaries, he was able to barely keep the core R&D team in place, but this was definitely not going to last. Some people had already left... and he was also feeling bad about it!
The core R&D team members all work for him because they trust him. Among these R&D personnel are his disciples, students he has mentored, and his prized students recommended by his old friends.

The company couldn't raise money, and the shareholders were unwilling to continue investing. Only Su Yang was willing to invest, and the company preferred Su Yang. Doing scientific research is also a very practical thing!

If too many core team members leave, the R&D speed will also slow down, which is a vicious cycle for the company.

"Mr. Song, what about you?"

Su Yang looked at Song Mingliang, whose eyes flickered for a moment before he said, "If President Su is willing to acquire the company outright, I think it's worth discussing. I know many shareholders want to leave... as long as the price is right!"

When Su Yang promised to restore wages to pre-Lunar New Year levels, Song Mingliang was already quite willing to side with Su Yang.

Although his annual salary is relatively high, it was recently cut, and that feeling is very upsetting!
He was indeed hired by the major shareholder, but he is not considered one of the major shareholder's people.

He's just a professional manager; his job is to be responsible to the company!

The company is currently in dire need of funds. Having Su Yang acquire the company and provide it with R&D and working capital is a responsible act towards the company!
"Okay, then please have Mr. Song help me make the contact!"

"What valuation is Mr. Su willing to accept?"

Su Yang looked at Xu Cheng and asked, "Is six hundred million US dollars okay?"

“There is probably a chance. We’ve failed to raise funds for the past three years, our R&D funds are tight, and many shareholders have lost patience.” Song Mingliang nodded and said, “Our company has raised $200 million in three rounds of financing, giving up 80% of our shares. If we sell it at a valuation of $600 million, they can get $480 million, which is quite profitable!”

The exact amount of money the company raised is no secret; it's all published on the official website for promotional purposes.

"Yes!" Su Yang nodded. "It's their right to earn it, and they deserve to earn it!"

After they had eaten enough, Su Yang said goodbye to Song Mingliang, Su Yaohui, and Xu Cheng. However, when he got to the parking lot, he saw Song Mingliang leading Xu Cheng over.

Song Mingliang smiled and said, "President Su, how about we go to another teahouse and talk again?"

Su Yang smiled and nodded: "Okay!"

He knew that with Song Mingliang's help, acquiring the company would be much easier!
Although Song Mingliang was parachuted in as general manager, he has gained relatively comprehensive control over the company over the past few years and has a fairly good relationship with Su Yaohui.

(End of this chapter)