I Treat You as My Sister, But You Want to be My Wife?!
Chapter 147 Investing in Yikang Pharmaceutical_1

Chapter 147: Chapter 147 Investing in Yikang Pharmaceutical_1

According to Chen Lin, Meng Baitao also conducted an investigation into Shen Dong.

He checked to see if Shen Dong had the capability to invest and whether he could provide sufficient research and development funds.

He hadn’t realized how much he didn’t know until he looked into it: he was taken aback.

Shen Dong, a young man who had graduated less than a year ago, was not only the owner of the Dongyan Guild but also of Shuidilao.

The Dongyan Guild, he didn’t know much about as he was too busy with his daily work to pay attention to these things.

But Shuidilao was a name even he couldn’t ignore, as both ordinary employees and executives in his company talked about Shuidilao’s services.

Once, at a senior management dinner, those executives even suggested going to Shuidilao for hotpot.

Meng Baitao didn’t think much of it and just went along with them.

After going there, he understood why Shuidilao was so popular.

That wasn’t all.

His research revealed that before the New Year, Shen Dong had spent thirty million to take over a gold mine in the African nation of Ghana from Xijiang Gold Company.

In just over half a month, gold was discovered at the mine, and it was sold to Dongshan Gold Company for one billion three hundred million.

In just over half a month, he made a profit of a billion.

Even as the chairman of a listed company, Meng Baitao was shocked by the speed at which Shen Dong made money.

This young man Shen Dong definitely had extraordinary capability and wealth.

With his strength, investing in Yikang Pharmaceutical and ensuring the development of that cancer treatment drug would be more than enough.

Shen Dong was scheduled to visit at ten o’clock today, and by nine-thirty, Meng Baitao was already waiting at the door with a crowd of company executives.

At nine-fifty, a Bentley King and two Audis slowly approached and stopped in front of everyone at the great entrance of Yikang Pharmaceutical.

Shen Dong had brought a team with him.

Investing in Yikang Pharmaceutical was a huge investment that required the scrutiny of professionals.

The team included lawyers, accountants, actuarial experts, and others.

Chen Yufang, Chen Yuyan’s older cousin, was also there; for financial matters, they naturally turned to Chen Yufang.

"Mr. Shen, welcome to Yikang Pharmaceutical."

Meng Baitao immediately stepped forward with great enthusiasm.

This was a man who might as well be the god of wealth; his attitude had to be spot on.

For Yikang Pharmaceutical, the moment was critical.

Without an injection of capital, they would have nothing but bankruptcy ahead of them.

If Shen Dong invested, there would be a chance of revival.

Once the cancer treatment drug was developed, the company would soar.

"Mr. Meng, hello," Shen Dong shook Meng Baitao’s hand.

After brief pleasantries, Meng Baitao led the group into the company’s office building and into a large conference room.

After exchanging a few courtesies, Meng Baitao turned over the documents to Shen Dong’s team for review.

An hour later, the review was complete, and a summary of the results was handed to Shen Dong.

"Mr. Shen, our cancer treatment drug is in its most critical phase of development. Once it is out, our company will take off, and you will undoubtedly see extraordinary returns. How much are you willing to invest?" Meng Baitao got straight to the point.

Since the documentation had already been reviewed by Shen Dong, he didn’t want to beat around the bush.

If Shen Dong was willing to invest, then good; if not, there was nothing to be done.

He was preparing to take the last resort: selling his car and house.

"Based on these review results, it’s indeed worth a gamble," Shen Dong mused. "I’ll invest two hundred million, but I want twenty percent of the company’s stock. I’ll only participate in the dividends and won’t interfere with management. How does that sound?"

Upon hearing Shen Dong’s proposal, Meng Baitao fell silent.

The current market value of the company was around two billion.

By investing two hundred million, Shen Dong wanted twenty percent of the stock.

It was as if he had valued the company at only one billion.

This price cut was truly harsh.

But aside from Shen Dong, no one else was willing to invest.

Unless Meng Baitao sold his house and car, divorced his wife, and went through a family breakdown.

Otherwise, it was impossible to raise enough money.

"Mr. Meng, if you feel that this is unfair, then let’s forget about it," Shen Dong said.

"Whether this drug can be developed successfully is still unknown. If it were certain to succeed, I believe many large consortia would be rushing to give you money."

"As I said earlier, I want to take a gamble. If you’re not interested, then let’s part ways here."

Shen Dong got up to leave.

"Mr. Shen, please wait, we can still negotiate. I have no objections to your terms."

"It’s just that the company has other shareholders who invested earlier, and I need to consult with them. How about you wait a moment?"

Meng Baitao became anxious when he saw Shen Dong about to leave.

Shen Dong was likely the last investor, and if he left, Meng would really have to sell his car and house and his family would fall apart.

No, he absolutely couldn’t let Shen Dong leave.

Even if it meant suffering a loss, he couldn’t let Shen Dong go.

But even so, Shen Dong’s steep discount required consultation with the shareholders.

"Okay, I’ll wait for you," Shen Dong said with a slight smile, sitting back down.

"Alright, just give me a moment, I’ll be right back," Meng Baitao left the meeting room and returned half an hour later.

"How is it?" Shen Dong asked softly.

"Mr. Shen, we’ve decided to accept your investment," Meng Baitao said.

The previous investors, seeing someone new investing two hundred million for a twenty percent share, agreed without a second thought.

Even Meng Baitao didn’t expect it to go so smoothly.

But after giving it some thought, he understood why.

Without any investment, the demise of Yikang Pharmaceutical was inevitable, and their money would have been wasted.

Even though the current market value of Yikang Pharmaceutical was two billion, this figure didn’t hold much significance.

If the company went bankrupt and had to settle its various debts, after liquidation, the few shareholders probably wouldn’t get much money back.

An investment of two hundred million from Shen Dong might allow Yikang Pharmaceutical to hold out for another year or two and continue the research to develop the drug.

It was considered a hope.

They wouldn’t stop an investment coming their way, especially since they weren’t planning on investing any further; they were more than happy, how could they object?

Letting Shen Dong gain some advantage wasn’t an issue.

"Good."

Hearing Meng Baitao’s words, Shen Dong felt ecstatic.

Given that once the drug was developed, within just one year, Yikang Pharmaceutical’s market value could skyrocket thirtyfold.

The current market value was two billion, thirty times that would be six hundred billion.

His twenty percent share would then be worth one hundred and twenty billion.

In one year’s time, two hundred million would turn into one hundred and twenty billion.

This was an absolute windfall.

The return on investment was comparable to the last investment in the gold mine.

In fact, he wanted as many shares as possible.

After all, according to the system’s message, Yikang Pharmaceutical was certain to develop a cancer treatment drug.

However, Meng Baitao could only offer so much in shares.

Unless the shareholders let go, and Meng Baitao also needed to maintain his baseline and keep his own shares, he could give Shen Dong only up to twenty percent.

"Mr. Shen, I’ll have someone prepare the contract," Meng Baitao said, and then he left.

The sooner the contract was signed, the sooner the money could be received, and the sooner drug development could continue.

Half an hour later, both parties signed the contract.

Shen Dong immediately transferred two billion in funds to the Yikang Pharmaceutical company account.

After all, Shen Dong wasn’t short on money now, having profited a billion from the gold mine, with six hundred million in cash available.

Upon hearing the report that the money had been received, Meng Baitao felt relieved.

With these two billion, he was confident that the drug could be developed.

Just in time for lunch, Meng Baitao invited Shen Dong and his colleagues to dine together.

During the meal, Dong Qikang and Meng Baitao repeatedly assured that the drug could definitely be developed.

Naturally, Shen Dong also expressed his trust in Meng Baitao and his team.