The Super Rich: Start from when the family business is about to go bankrupt!

Chapter 232 WPG0231: Investment Attempt: Wugengtian Pharmaceutical Group's Valuation Soars! 334K
Musk quickly read the sales contract, and his accompanying lawyer also read the corresponding contract, then nodded slightly to Musk and made an 'OK' gesture.

After all, this sales contract is very simple and there is no room for setting contract traps.

The sales contract was signed in triplicate.

An Wuyang took the initiative to greet him, "Let's go, let's go to the R&D center."

"Okay!" Musk agreed of course. He was very interested in Wugengtian's R&D center!
This time, An Wuyang did not drive himself. He and Musk got into a Model X together, and then they all went to the research and development center of Wugengtian Pharmaceutical Group.

In less than three minutes, the convoy arrived at the R&D center.

Then, under the leadership of An Wuyang, Musk and four entourage members walked into the R&D center.

Along the way, Musk looked curiously at the internal conditions of the R&D center of Wugengtian Pharmaceutical Group. He muttered to himself that the specifications of the R&D center of Wugengtian Pharmaceutical Group were quite high, and all kinds of equipment and instruments were very advanced.

After all, it was An Huchun who spent a lot of money to build it!

An Wuyang had no intention of introducing Musk. He took Musk directly to a small low-temperature cold storage, then opened the door of the cold storage. Bottles of Ba Chunxiao were displayed on the shelves of the cold storage.

"Mr. Musk, please pick a bottle of Ba Chun Xiao Yan at will." An Wuyang signaled Musk to choose freely.

"This bottle of Eight Spring Nights is our fifth watch souvenir." An Wuyang added.

As for the meeting gift?
Didn’t we just send you three bottles of Two Joys?

Musk didn't hesitate. He walked into the small low-temperature cold storage, looked around, then picked up a bottle of Ba Chun Xiao, observed it for a while, then unscrewed the cap and drank it.

"The Eight Spring Nights will take effect very soon, how about we wait a while?" An Wuyang suggested.

Musk naturally had no objection.

The two began to praise each other's business. Musk praised Wu Gengtian's Ba Chunxiao as being very powerful, while An Wuyang praised Musk's Starship spacecraft as being very awesome.

Five minutes passed quickly, and Musk, who was a little depressed, had recovered. He took a deep breath and said, "It's really the Eight Spring Nights. I'm in a great mental state now!"

An Wuyang reminded, "Your four employees can start packing!"

"Ah?" Musk was stunned.

An Wuyang pointed to the boxes in the corner of the small low-temperature cold storage and said, "These are the boxes of Ba Chun Xiao. Each box can hold 25 bottles. There are 20 boxes in total. You can choose and pack them yourself."

Musk understood An Wuyang's meaning, and he immediately ordered the four accompanying personnel to start working, and he even participated in it personally.

In nearly ten minutes, Musk and his four companions had packed 20 boxes of Ba Chunxiao, and at An Wuyang's suggestion, they wrote their signatures and dates on the seals of the kraft paper boxes and then sealed them with wide transparent tape.

"Should we send these Eight Spring Nights to the fleet first, or continue to visit our R&D center?" An Wuyang asked.

Musk responded, "I'll visit your R&D center first, and then install the car later."

"Okay!" An Wuyang agreed, and he took Musk to continue the tour.

When Musk visited Wugengtian Pharmaceutical Group, the Internet was full of news about Wugengtian. After all, Musk is also very famous in Xia Country. More importantly, Musk is a very successful rich man worldwide.

Many netizens are curious, is Wugengtian Pharmaceutical Group going to establish a relationship with Musk, or even cooperate with him?
Little did they know that it was Musk who wanted to cooperate, but An Wuyang didn't.

Nearing noon, Musk had finished visiting the R&D center of Wugengtian Pharmaceutical Group, but he always felt that the visit was equivalent to no visit at all, because An Wuyang did not take him to any important laboratories.

The laboratory where the Eight Spring Nights were studied was not included in the tour itinerary.

Is this a precaution against him?
Actually not!
An Wuyang just didn't want Musk to disturb the R&D personnel of Wugengtian Pharmaceutical Group.

"Mr. Musk, do you have any plans for lunch?" An Wuyang asked first.

Before Musk could answer, An Wuyang added, "If you don't have any plans, we have prepared a lunch. If you have plans, we will handle it according to your arrangements."

"No arrangements." Musk responded. His real goal had not been achieved, so how could he leave easily?

"Then on behalf of our Wugengtian Pharmaceutical Group, I would like to invite Mr. Musk to have dinner with us." An Wuyang made the invitation.

"Okay!" Musk agreed immediately.

So, under the leadership of An Wuyang, everyone went to the Celebration Building together.

While on the way, An Wuyang called Yang Jing and asked him to be prepared to welcome him.

When An Wuyang and Musk and his party arrived at the Celebration Building, An Wuyang felt his toes clenched!

Because this guy Yang Jing not only prepared flower baskets, but also laid out red carpets and even hung banners.

this.
An Wuyang's toes dug out three bedrooms and two living rooms.

Musk looked at the welcoming ceremony at the celebration building, smiled, and took the initiative to say, "Mr. An, did you arrange this?"

An Wuyang distanced himself from the matter, "No."

Yang Jing came up to him warmly. He took the initiative to say hello to Musk, but his spoken English was a bit halting. Fortunately, Musk could understand him.

At the lunch, An Wuyang and Musk did not sit in the main seat, which was left vacant. The two of them sat on the left and right of the main seat, while Yang Jing sat in the second seat.

Musk only had a brief taste of the food at Huanqinglou and showed no sign of liking Xiaguo cuisine.

After all, different places have different taste preferences. Shengqing likes spicy flavors, Cantonese cuisine tends to be light, Shanghai cuisine is sweet, and so on. Even different regions in the same country of Xia have different dishes. Why do you think foreigners like Xia cuisine so much?

Isn't there a taste difference?

"Mr. An, do you accept investment at 5 a.m.?" Musk suddenly asked bluntly.

The biggest reason why Musk came here in person to pick up the goods this time was that he wanted to invest in Wugengtian, otherwise why would he come here?
The eight nights of spring in this transaction are only worth a mere 20 million US dollars!

This amount of money may be a lot for ordinary people, but for Musk, it’s nothing, right?
Musk was willing to come in person to pick up the goods just to test whether Wugengtian Pharmaceutical Group would accept investment.

"Sorry, we at Wugengtian are not accepting investments for the time being." An Wuyang refused directly.

Musk was not surprised. He had investigated Wugengtian and was quite familiar with its situation. He knew very well that Wugengtian had now overcome its difficulties and had shown good profitability.

"Don't you want to hear my offer?" Musk asked. An Wuyang responded with some interest, "What is your valuation for Wugengtian?"

Musk did not answer the question immediately, but listed the information he had.

"You guys at 5G now have three blockbuster products!" Musk concluded.

"They are a cosmetic called 'Snow White', Eight Spring Nights, and the Two Joys that were just revealed today." Musk explained.

An Wuyang did not correct Musk's wrong name for the Ningzhi Ruoxue series of products. Anyway, it has so many nicknames and An Wuyang was too lazy to correct it.

"Since you are a private company and do not need to release financial statements to the public, we don't know your profit margins, your inventory levels, or your production capacity," Musk said analytically.

"But these products must be very profitable!" Musk said affirmatively.

"Your valuation before Wugengtian was no more than 10 billion Xia Guoyuan. I can now increase your valuation for Wugengtian to 10 billion US dollars!" Musk tentatively made a quote.

This valuation directly reaches the level of a unicorn company!
But it is still very low for Wugengtian. It’s not that Musk can’t give more, but he has to test it. What if An Wuyang agrees?
However, the probability of one in ten thousand is indeed too low. How could An Wuyang agree to it?

Even if An Wuyang drank the fake wine and was drunk, he would never agree.

A valuation of 10 billion US dollars may sound like a lot. After all, it is a high valuation close to billion Xia Guoyuan. However, the current annual net profit of Ningzhi Ruoxue series products is almost billion Xia Guoyuan.

Referring to the concept of [PE value/price-earnings ratio] in the stock market, and only calculating the profits of the Ningzhi Ruoxue series of products, it is not excessive to value Wugengtian at 300 billion Xia Guoyuan, right?
After all, under normal circumstances, a price-to-earnings ratio of 14 to 20 times is within a reasonable range.

Besides, Wugengtian Pharmaceutical Group makes money from more than just its Ningzhi Ruoxue series of products.

Doesn’t Bachunxiao make money?
Won’t the next two joys make money?
What’s more important is that Wugengtian Pharmaceutical Group’s next blockbuster product is about to be launched!
After the products based on the white peony project are launched on the market, they will definitely make huge profits, which can also further push up Wugengtian’s valuation.

An Wuyang simply shook his head to indicate that he did not accept it.

Musk tried to raise the price, "A valuation of $20 billion?"

An Wuyang raised his right hand and shook it, again expressing his refusal, "Mr. Musk, we don't need investment at 5am!"

"Five billion dollars!" Musk turned over his trump card.

In Musk's opinion, this valuation is sincere enough, right?

In fact, it is very sincere.
But unfortunately, the information between the two parties is asymmetric. Musk does not understand the profitability of Wugengtian Pharmaceutical Group and can only make speculations based on the general situation in the pharmaceutical industry.

Musk added, "We can only invest, not participate in any management, and only send financial representatives."

"You don't understand what I mean." An Wuyang sighed.

"Let alone 50 billion US dollars, even if it is a valuation of 100 billion US dollars, we will not accept it at five o'clock in the morning," An Wuyang responded.

"Let me put it another way. I now want to invest in your Space X company and the Starlink project. Would you agree?" An Wuyang used Musk's industry as an example.

Musk frowned slightly. Although Space X is still not profitable, its profit prospects are completely clear, and its new heavy-duty booster project is also progressing smoothly.

Even without considering any court factors, he would not have been able to bring in other people to participate in Space X.

After all, it’s useless even if he agrees, because other major shareholders will never agree!
"Our whitening cosmetics are very profitable, with considerable profit margins. Our cash flow is healthy and we have a very good relationship with banks. We are not short of money!" An Wuyang added.

Musk sighed. After he got Ba Chun Xiao for the first time, he wanted to invest in Wu Geng Tian, but Wu Geng Tian did not accept the investment!

"Do you have plans to go public?" Musk tried in a different way.

Since Wu Geng Tian does not accept direct investment, it is acceptable to invest in Wu Geng Tian indirectly in the stock market.

"If you have plans to go public, we can learn from Ali's approach and list your company directly on our U.S. stock market through the [ADS/Depositary Receipt Program]," Musk added.

An Wuyang refused, "We are not planning to go public either!"

"Wugengtian Pharmaceutical Group is a company founded by our An family. It has strong family business characteristics, and we have no intention of changing it for the time being." An Wuyang added.

In fact, even if it wants to go public, An Wuyang will choose to go public on the A-share market, thus becoming a breath of fresh air in the A-share market.

Why should Bald Eagle be listed on the US stock market?
Let the bald eagle make money?
An Wuyang doesn't accept it!

An Wuyang only accepts that he can make money there, how can he be fleeced by them?

"You are indeed different from others!" Musk said with admiration.

"There are too many so-called entrepreneurs in your country Xia. Their ultimate goal is to take their company public, and then they make money by cashing out the company's stock." There was a hint of disdain in Musk's tone.

This is a fact!

An Wuyang couldn't refute it!
All I can say is that in the A-share market, such things are not strange.

There is a scallop with legs in front and a cow worth 1200 million behind. How can An Wuyang refute Musk?
"Mr. An, can we visit your medicinal herb planting base this afternoon?" Musk took the initiative to mention the afternoon schedule.

An Wuyang reminded, "It takes about an hour and a half to drive from the city to the medicinal material base. If you think the time is okay, we will arrange it right away."

Mask immediately responded, "Of course!"

An Wuyang immediately picked up his phone to make arrangements, while Yang Jing took the opportunity to communicate with Musk.

"Mr. Musk, can we take a photo together? I will hang our photo on the wall of our restaurant." Yang Jing said with a stutter. His English is more written and his spoken English is a little poor.

Musk did not refuse, he even commented politely, "Your restaurant is delicious!"

Yang Jing enthusiastically invited Musk to take a photo together. He not only took a photo in the box, but also took a photo outside the store. Then Musk and his party followed An Wuyang and boarded the bus to the Tianjingyan medicinal material planting base.

Considering that the journey in the past was a bit far and there was no charging condition at the Tianjingyan medicinal material planting base, this time we chose a bus as the means of transportation instead of the Model X fleet.

On the bus, Musk and An Wuyang talked about cutting-edge science, but most of the time it was Musk who was talking and An Wuyang who was listening, mainly because An Wuyang was not a real researcher, so what could he say?
About an hour and a half later, the bus finally arrived at the Tianjingyan medicinal herb planting base.

Musk asked, "How large is your medicinal herb planting base?"

This guy obviously wanted to use the scale of the medicinal material planting base to infer the situation at Wugengtian from the side!

I have to say, he is really an old fox!
(End of this chapter)