Nangong Xiang and the others had no choice but to agree.
This was because the Xinhe Pharmaceutical Company was already at the end of its rope.
Although they would lose 39% of their shares, as long as the company could come back to life, their remaining shares would become valuable again.
Otherwise, like now, it was almost worthless and could only go bankrupt.
Ye Cheng revealed a smile. He had thought that the people from Xinhe Pharmaceuticals would continue to fight, but he did not expect them to win so quickly.
It seemed that they had completely lost all hope in the Xinhe Pharmaceutical Company.
This would benefit him.
A mere 380 million yuan would be enough to get 39% of the shares.
If it was a year after the Xin He Pharmaceutical was revived, this amount of money would probably be able to buy three to five points of shares at most. Moreover, they might not be willing to sell it.
It had to be said that such an opportunity was too rare.
On the same day, Ye Cheng signed an agreement with Xinhe Pharmaceuticals to invest 380 million yuan and obtain 39% of the shares of Xinhe Pharmaceuticals.
According to the agreement, Ye City would pay in two batches within a month. The initial payment would be 30%, and the later payment would be 70%.
Ye Cheng had used the Star Ocean Association's income from last month, which amounted to more than 120 million yuan.
As for the second payment, Ye Cheng planned to borrow money from the bank.
Given the Star Ocean Association's ability to make profits, the bank would be more than willing to take out a loan. After all
, he would not use the money in the stock market.
Ye Cheng didn't need to go back to the bank to apply for a loan. He could just ask the relevant department of Dust Edge Media to apply for a loan from the bank.
Ye Cheng only needed to command remotely.
He did not return to Peng City for the time being. He still had to properly understand the internal situation of the Xinhe Pharmaceutical Company.
He didn't hope that because of his own intervention, the butterfly effect caused by the inability to develop an innovative drug that could treat diabetes diabetes. That was a big problem.
As the largest shareholder with 39% of the shares, although Ye Cheng would not directly participate in the management, he had a high right to know.
Therefore, it was naturally easy for Ye Cheng to check on the relevant research and development projects.
After Ye Cheng looked at the relevant research and development projects, he realized that Xinhe Pharmaceuticals had invested too much in innovative drugs. No wonder they could not make ends meet and could only rely on loans to maintain their research and development.
The failure of the research and development of the innovative medicine led to the investment being wasted, forming a vicious cycle.
Ye Cheng soon found an innovative drug project to treat diabetes.
"How's the progress of this project?”
Ye Cheng asked curiously.
"It's been ongoing, but there's no more funding. We plan to stop this project next week and focus all our funds on developing an innovative drug codenamed KJ1578. This drug will be less difficult to develop, and the progress will be faster than that project. If this drug can be developed, it can let our company take a breather and not lose its competitiveness.”
Nangong Xiang explained.
"This project must not be stopped. We must invest all our funds into it.”
Ye Cheng shook his head.
"President Ye, I'm afraid that's not possible.”
Nangong Xiang was a little troubled.
This was because the development of KJ1578 was a decision made by the entire board of directors. Once it was changed, it would cause a chain reaction.
But…Ye Cheng was the investor, so they couldn't ignore him.
"Then let's carry out both projects at the same time. If we lack funds, I'll pay for it.”
Ye Cheng said indifferently.
Although he was sure that his memories from his previous life would not be wrong, and the innovative medicine developed by Xinhe Pharmaceutical Company was used to treat diabetes…However, he felt that it was necessary to be more stable.
"President Ye is generous. With your words, we can rest assured.”
Nangong Xiang heaved a sigh of relief.
He didn't want this matter to affect their cooperation.
After all, the current Xinhe Pharmaceutical Company could not withstand the torment. Only by uniting could they tide over the difficulties.
After all, after receiving Ye City's capital injection, the crisis did not mean that it was resolved. It was only a temporary relief.
The only way to solve the crisis was to develop new and competitive innovative drugs.
The next day was February 4th, New Year's Eve.
Ye Cheng didn't stay in Wu City because the Spring Festival was coming.
The bank loan in Pengcheng was also not approved for the time being because of the holidays.
He had to wait until after the new year.
After Ye Cheng returned to Peng City, he spent the new year with his wife and daughter.
As Lin Yuanyuan was pregnant, Ye Cheng and his wife had already decided not to return to their hometown for the New Year this year. They would stay in Peng City.
Although there were only three people in the family, the family was still very happy.
Ye Cheng had received too many phone calls during the past few days.
After the New Year, Ye Cheng flew to Wu City again.
The bank also rushed to apply for a loan for Ye Cheng.
The bank was even willing to lend more money.
But Ye Cheng didn't need them at all.
After all, he did not plan to borrow money to invest in stocks.
After the loan was received, Ye Cheng paid the remaining money to Xinhe Pharmaceuticals.
With 380 million yuan in funds, other than being able to pay off part of the debt and reduce external pressure, the rest could be used to invest in the research and development of innovative drugs.
After everything was settled, there was no need for Ye Cheng to stay in the Martial Market.
However, he had transferred two people from Peng City over. One of them was a senior manager. As the shareholder representative of Xinhe Pharmaceutical, he would be qualified to join the board of directors of Xinhe Pharmaceutical.
He needed someone in the Xin He Pharmaceutical Company to keep up with the movements and news here. Otherwise, if anything unexpected happened in the Xin He Pharmaceutical Company, he would become deaf.
This was especially true when the new drug was still in the research phase.
He did not want any mishaps to happen.
380 million was not a small sum.
This was the largest investment he had ever made.
.......
In the residential area of Jinxiu City, the greenery was very good.
Even though it was early spring, the trees were still lush.
In the evening.
Many children and adults were taking a walk in the neighborhood.
Ye Cheng also brought his wife and daughter around the neighborhood.
Even though her stomach was big, she still had to ensure a certain amount of activity every day.
She had been staying in the house all this time, so the air circulation was not very good. Therefore, taking a walk in the neighborhood was beneficial to the health of the fetus in her womb.
From time to time, someone would greet Lin Yuanyuan.
Lin Yuanyuan had a big belly and often walked around the neighborhood. She was already familiar with many people.
The three of them walked to the square outside the neighborhood. It was very lively here. Music was playing, and a group of middle-aged and elderly people were dancing in the square.
This had already become a must every evening.
"Big Brother Cheng."
A female voice came from the side.
It was Li Yuru.
There was a child beside her.
"Where's Xiaofeng?"
Ye Cheng asked.
"He didn't come out. He's writing a thesis.”
Li Yuru shook her head and said,
"Isn't there still one who hasn't come out?”
Ye Cheng laughed.
"Xiaoxi is dancing with her grandparents.”
Li Yuru pointed to the other side.
Ye Cheng looked over and saw his aunt and son-in-law dancing with a little one beside them.
She really danced decently.
"Dad, Mom, I want to jump.”
Qinqin said quickly.
"Alright, you go over and jump. You have to be careful. Don't get hit.”
Ye Cheng said.
Anyway, children were just interested in the beginning.
Qinqin immediately ran over excitedly and jumped up with the stream.
She had jumped in the stream with her grandparents many times, so she jumped very well.
On the other hand, Qinqin could not keep up with the rhythm of the first jump. She was flustered and could only watch from the side.
After a while, Ye Cheng saw that Qinqin was still stubbornly jumping there but could not keep up. He immediately walked over and said,"Qinqin, let's go back. Mommy is a little tired from standing.”
"No, I want to continue jumping. Even a small stream can jump.”
Qinqin's competitive spirit came out.
"Qinqin, why don't I go back and teach you? If no one teaches you here, it will be very difficult for you to learn. Wait until you have learned it, then come here and dance, okay?”
Ye Cheng said.
"Really?"
Qinqin's eyes are bright as a diamond
"Of course it's true."
Ye Cheng laughed.
However, he believed that Qinqin would only be popular for five minutes.
After the three of them returned home, Qin Qin asked Ye Cheng to teach her square dancing.
Ye Cheng naturally wouldn't go back on his word, so he searched for the content of square dance on the LCD TV. Soon, he found the set of action guides for the previous dance.
Just like that, the two of them sat in the middle of the living room and began to practice one by one while facing the tutorial on the screen.
......................................
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