Chapter 107: Benefiting Countless Women?
Chapter 107: Benefiting Countless Women?
Previously during acquisitions, Chen Mo always had Ink Girl appraise the enterprise value. Only when her assessment was almost the same as the investment advisors’ would Chen Mo agree to acquire those companies.
“Brother Mo, the value assessment is completed.”
A moment later, Ink Girl’s voice emerged, and three evaluation reports immediately popped up on the computer desktop.
Chen Mo looked carefully at the reports provided by Ink Girl, then compared them with the report submitted by Zhao Min. He nodded. The investment advisors’ valuation was twenty percent lower than Ink Girl’s.
But that was normal. Ink Girl could hack into these companies’ databases and had the most comprehensive information for evaluation. The investment and acquisition department staff could only assess based on publicly available company data and reports.
It was normal for the evaluations to not be completely identical due to unequal information. However, one thing was the same: the evaluations of the companies’ potential were all positive.
Putting down the assessment reports, Chen Mo dialed Zhao Min’s number: “Based on your valuation, fully acquire Jianghe Company and Lanhong Pharmaceutical.”
“You finished reading the evaluation reports so quickly?” Zhao Min was both amused and exasperated. She had just left and only just returned to her office when Chen Mo’s call came.
“Finished reading,” Chen Mo said.
“Alright, I’ll send people to contact both companies to discuss the acquisition now.” After hanging up, Chen Mo walked to the bookshelf, picked up a few books, and began reading quietly.
Online reports were all about the pre-sales situation of the four companies’ mobile phones. Various data statistics appeared on the internet immediately.
In the Huaxia market, Apple’s sales were slightly better than Huawei’s. Xiaomi’s Black Rice ranked third, while Samsung’s sales performance in Huaxia was at the bottom.
Now in Huaxia, people using Samsung phones were already rare. However, Samsung’s international pre-sales were better than Huawei’s, closely chasing Apple. Apple’s latest model was a revolutionary design with nearly perfect features; the only drawback was that it couldn’t use the Smart Assistant.
The spotlight was taken by the competition among these companies, along with various other news. Nobody paid attention to Legion Ant Company. While everyone was focused on those companies, Legion Ant Company had already completed the acquisition of two pharmaceutical companies and quietly stepped into the pharmaceutical field.
“It hasn’t been long, and they’re moving quite fast.”
Chen Mo walked with Zhao Min towards the company’s conference room.
“These two pharmaceutical companies have been struggling because their new drugs haven’t been successfully developed despite huge costs. Their business is average, with some profit but not high. So, their controlling companies and shareholders have long wanted to sell them off,” Zhao Min explained.
The acquisition price they offered was very reasonable, and the major shareholders happened to need funds for operations, so the acquisition process didn’t face much resistance.
As soon as the two entered the company’s conference room, the people seated around the table immediately stood up.
“Everyone, please sit. This is the company’s Chairman, Chen Mo.” After both were seated, Zhao Min spoke.
Upon seeing Chen Mo, the crowd stirred slightly. They knew this was Legion Ant Company, but the elusive Chairman turned out to be so young.
“Chairman, these are the management and main leaders of the research teams from both companies. This is Hou Youliang, the head of Jianghe Company, and this is Tan Yong, the head of Lanhong Pharmaceutical…”
Zhao Min began introducing the key personnel of the two companies to Chen Mo.
“Hello everyone! Welcome to the big family of Legion Ant Company,” Chen Mo said.
Hou Youliang looked at Chen Mo, hesitant and seeming anxious, as if he wanted to say something but held back.
Joining Legion Ant Company was indeed something to be happy about, but he was more worried about their jobs and those of their employees. After all, they all had families to support, and losing jobs now wouldn’t be good.
“Manager Hou, is something wrong?” Chen Mo noticed Hou Youliang’s unusual behavior.
“Chairman, it’s…”
“Nothing that can’t be said,” Chen Mo reassured.
“Chairman, I do have a concern,” Hou Youliang decided to speak up. “Will our two companies merge in the future? Will there be layoffs?”
Chen Mo looked at Zhao Min.
“Merging is inevitable, but it won’t happen abruptly. The research teams of both companies will merge first to combine their strengths and fully develop new drugs. The management merger will proceed slowly, depending on your company’s performance and business in the coming period.
The company certainly needs to grow and might even hire more employees. If any employees are lazy and don’t work hard during this time, we will lay them off. The company doesn’t need dead weight. If you work well, you don’t need to worry about being laid off.”
Since the company was just acquired, employees were anxious. If layoffs happened randomly, problems could easily arise. So, they needed to stabilize morale first. If there were unnecessary staff, she wouldn’t mind letting them go.
“Understood.”
Hou Youliang nodded happily, feeling relieved after hearing Zhao Min’s answer.
“You are the company’s first wholly-owned subsidiaries and the stepping stones for the company’s entry into Legion Ant Company. Both companies are now one family. I hope you cooperate sincerely.” After finishing, Zhao Min looked at Chen Mo.
“I won’t say much else. Follow Zhao Min’s arrangements. Who are the heads of the research teams?” Chen Mo asked.
As soon as he spoke, two people stood up, one on each side.
“Chairman, I am Xu Minsheng, the head of the new drug research team at Shanhe Company,” said a man in his forties, wearing glasses and looking very scholarly.
“I am Shi Lin, the head of the research team at Lanhong Pharmaceutical,” said a man around fifty with graying temples.
“Mr. Xu Minsheng is a medical doctor from Hopkins University, specializing in oncology and new drug research. Mr. Shi Lin is a medical doctor from Southern Medical University and an expert in traditional Chinese medicine formulas,” Zhao Min explained.
“Hmm,” Chen Mo nodded.
After the meeting ended, Chen Mo took Xu Minsheng and Shi Lin to the Experimental Zone. Entering Chen Mo’s Laboratory, Xu Minsheng and Shi Lin exchanged glances, filled with surprise.
They never expected that Chen Mo would have a biochemistry laboratory here.
“I have a formula for a serum here, which is the drug you need to research next.”
Chen Mo placed the formula for the “Human Chest Development Assistant Serum” in front of them. It only listed the drug names, not their specific effects.
“Do you know what this drug is?” Chen Mo asked.
“Aloe leaf juice, evening primrose, sage, ylang-ylang…” Shi Lin looked at the drug names, raised an eyebrow, and said uncertainly, “This is similar to breast enhancement essential oils. Is this a Breast Enhancement Drug?”
“Mr. Shi truly is a Chinese medicine doctor.”
Chen Mo picked up a test tube of milky-white medicine from the table and placed it in front of Shi Lin.
“When I have free time, I sometimes read medical books. After reading many medical books, I discovered this formula. But I have no clinical experience. I need your teams to help me research and improve this drug.”
Chen Mo placed the specific formula data for the medicine in front of both of them.
“Chairman, you usually research Breast Enhancement Drugs alone in the Laboratory?” Xu Minsheng and Shi Lin exchanged glances, looking strangely at Chen Mo.
Chen Mo twitched his mouth and awkwardly rubbed his nose: “Just a spur-of-the-moment idea. My medical knowledge is only theoretical; I have no practical experience. I’ve read books on pharmacology, pharmaceutical chemistry, pharmacological analysis, Compendium of Materia Medica, and Synopsis of the Golden Chamber, but that’s all.”
Chen Mo couldn’t say he had a Science and Technology Library in his mind and that these formulas came from there. He could only say he developed an interest and created them.
“If this drug succeeds, it could benefit countless women,” Xu Minsheng said with a smile.
“The main thing is to make money,” Chen Mo said, feeling both amused and helpless.
“If this medicine succeeds, it could indeed make a lot of money. Then let’s research and improve it; maybe we’ll have unexpected gains.” Shi Lin hesitated for a moment before nodding.
“Then I’ll trouble you with this. I will send these materials and the medicine to your laboratory. Arrange for your team to help improve it. Once the clinical trial results are out, give me the report. Don’t let a fourth person know about this formula.”
Chen Mo did not give them the formula for the “Human Assisted Reproduction Serum.” He decided to take it slow. Revealing too much at once might make them think he was a monster.
After seeing them off, Chen Mo returned to his work area and continued his reading.
During this period, he only read books and did not enter the Science and Technology Library to get technology. He just wanted to focus on completing the task of reading 1000 books. He was almost there.