Shocking! This student is phenomenal!
Chapter 262 Su Jiang actually owns 30% of Xinghua Pharmaceutical's shares, Luo Taihe is shocked
"Old Luo!"
Su Jiang showed great respect for Luo Taihe, without putting on airs or letting his research make Luo feel arrogant.
Because he knew that he was, after all, a young man, and that he should be humble in front of Luo Taihe, a highly respected elder who had made many contributions to the country and was still working hard for it.
"Okay, let's go, Su Jiang, let's talk in my office!" Luo Taihe said to Su Jiang.
"Okay." Su Jiang followed Luo Taihe into Luo Taihe's office.
As soon as he entered the office, Luo Taihe took out a stack of documents and handed them to Su Jiang.
"Here's all the information you need for producing oral ulcer medication, including the necessary qualifications. I've got it all ready for you!"
Su Jiang took the documents and read them, becoming increasingly moved.
Luo Taihe is truly a very caring elder; he knows I need to give birth.
They've even helped us obtain the production license and marketing authorization for this drug.
To be honest, if Su Jiang were to handle these things on his own, it would be a very troublesome matter.
But Luo Taihe is different.
They are big shots in various medical fields.
Therefore, if you need to obtain a certificate proving that a drug is feasible to produce and usable, they will give you a fast track.
After all, the Chinese Academy of Sciences develops a considerable number of drugs every year.
Some drugs are developed to gain access to time and speed.
For example, a major pandemic that spreads globally.
Whoever can develop the drugs for treatment and prevention first will gain an advantage in this plague.
This is a huge benefit to both the economy and health, so the relevant departments dare not delay these matters.
Therefore, it would be much more convenient for Luo Taihe to handle certain matters than for Su Jiang to do so.
After reading through all the documents, Su Jiang closed the book and bowed deeply to Luo Taihe.
In this matter, Luo Taihe's help was truly invaluable.
"It's nothing, don't worry about it. It was just a small favor," Luo Taihe said nonchalantly.
"This medicine of yours is beneficial to the country and its people. Even if I don't help you, I must help everyone else, especially those suffering from mouth ulcers," Luo Taihe continued.
Su Jiang nodded.
He thought to himself that Luo Taihe was indeed a magnanimous person. He was always thinking about matters concerning his family and country.
Luo Taihe and Su Jiang remained silent for a while, without saying a word.
Luo Taihe is not a talkative person. He is immersed in his research and has no business acumen.
Seeing that Luo Taihe remained silent, Su Jiang also felt it inappropriate to speak up, since Luo Taihe was an elder present and it wouldn't be proper for a junior like himself to try and stir things up.
So they both started drinking the tea in front of them to ease the awkwardness.
"Su Jiang, you mentioned last time that you wanted me to help you find a pharmaceutical factory. Where are you planning to set up production? I can help you put in a word." Luo Taihe took a big gulp of strong tea and spat the tea leaves he had accidentally sucked into his mouth back into the cup.
Looking up at Su Jiang, she seemed to have thought of something and asked curiously.
After thinking about it, I felt I should tell Su Jiang which places we could choose from, so I said:
"Our Huazhong University of Science and Technology (HUST) has pharmaceutical factories in almost every province across the country. I can contact you wherever you want. For example, there are some pharmaceutical factories that HUST has business dealings with, or some that our subsidiaries hold controlling stakes in."
This is what Su Jiang told Luo Taihe before he acquired Xinghua Pharmaceutical Company.
Now, Su Jiang is no longer needed.
He smiled and said, "Mr. Luo, I already own 30% of the shares in Jiangzhou Xinghua Pharmaceutical, so I plan to put this drug into Xinghua Pharmaceutical for production."
"Hmm?"
Luo Taihe was stunned when he heard Su Jiang's words.
"You own 30% of Xinghua Pharmaceuticals?" he exclaimed in surprise.
As he spoke, a tea leaf was still stuck to his teeth.
He asked Su Jiang incredulously, "You're still a student, right? What year are you in?"
Xinghua Pharmaceuticals and Luo Taihe are naturally familiar names.
However, Xinghua Pharmaceuticals did have some drugs that were indeed quite effective in the past.
However, due to a lack of significant research and development progress in recent years, Xinghua Pharmaceuticals has declined somewhat.
Even though it has declined, its valuation is still in the billions.
After all, with so many factories and equipment, there's still money to be made doing OEM manufacturing; it's just a matter of making more or less.
So when Su Jiang said 30% of the shares, that means nearly 400 to 500 million yuan!
To have such financial resources at such a young age...
This left Luo Taihe feeling incredulous and shocked.
"I'm still a freshman in college," Su Jiang answered truthfully.
Luo Taihe was even more shocked after hearing Su Jiang's words.
This is no joke.
He was a freshman in college, only about 20 years old, and already had assets worth hundreds of millions.
Luo Taihe didn't pursue the matter further. He planned to ask his old friend Qin Siyuan later, guessing that the guy's family was quite wealthy!
"Xinghua Pharmaceuticals has absolutely no problem producing this drug, but I have a suggestion for you: it would be better to keep the company under your control before starting production."
"Because once a pharmaceutical company goes public, investors will more or less interfere with the company's production and operation."
"We at Huazhong University of Science and Technology have often encountered this situation before, so we usually choose to have pharmaceutical companies that we own or at least hold more than 51% of for production."
Luo Taihe, like an experienced elder, pointed out to Su Jiang the places where problems might easily arise.
"Yes, thank you for the reminder, Elder Luo. I will buy more shares of Xinghua Pharmaceuticals," Su Jiang nodded in response. Actually, he had this concern as well.
Su Jiang's words made Luo Taihe uneasy again.
Originally, Luo Taihe thought that 30 percent of the shares might not be enough.
To be on the safe side, Su Jiang could have the drug produced by some pharmaceutical companies controlled by the Chinese Academy of Sciences.
He never expected that Su Jiang's extravagance would be so terrifying.
He directly stated that he would buy more shares of Xinghua Pharmaceutical.
"I don't understand you young people anymore, haha!" Luo Taihe sighed helplessly, stroking his chin.
Then they continued drinking their tea.
He felt that if he continued to talk, this young man would make him question his existence.
No wonder Qin Siyuan would lament when talking to him about Su Jiang that compared to Su Jiang, he had wasted his life when he was young.
At this time, their topic of conversation was Xinghua Pharmaceutical Company.
It was bustling with activity.
P.S.: Thanks to DJ Dingdang Cat for the four update reminder charms. Oh my god, words can't express my gratitude.
Thank you, Xueqi, for the update reminder charm.
Thank you to Heart for you and Sword Saint No. 1 for sending me the razor blades.
After I started recommending the book, my daily sales declined day by day, but I'm happy to have you all. I will continue to work hard.
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