Surgery Godfather
Chapter 495 - 451: There Must Be a Way When We Get to the Mountain

Chapter 495: Chapter 451: There Must Be a Way When We Get to the Mountain

Huang Jiacai took over Ruixing, and Yang Ping, as the backdoor boss, was invited to attend the first senior management meeting.

Whether it is Yang Ping’s parent company holding the stakes upstream or Ruixing Medical downstream, the current CEO of both is Huang Jiacai.

When Huang Jiacai invited Yang Ping to the meeting, he wanted Yang Ping to understand the company’s current strategy, to see whether his crisis management for Ruixing is acceptable.

In other words, he is now on the front lines, allowing Yang Ping to observe him as a general, to see how capable he is.

As a backstage shareholder, Yang Ping stated that he would just be present at the meeting and would not make any comments, much less reveal his identity.

In the high-level management meeting of Ruixing, the atmosphere was heavy with worry and filled with lamentation.

All products in infringement were banned from being sold, with a substantial amount of compensation to pay.

Taking into account the sales volume of the products sued for infringement, the margin, the contribution rate, and reasonable expenses, the compensation amount reached 100 million. All products were banned from being sold. All stocks and molds had to be thoroughly destroyed.

Now, it’s not breaking news that a few tens of millions are sentenced to be paid due to patent infringement.

One billion, this will break the compensation record of patent infringement in the medical device industry.

For Ruixing, it is almost a devastating blow.

Amid the howling winds and rains, some people have already resigned.

A few regional sales managers have already resigned, and those attending the meeting are newly promoted.

Of course, there is another way out - reconciliation. How? By being acquired at a low price and becoming completely a tool of the other party.

This was something Huang Jiacai had predicted from the start. He wasn’t worried; he had a plan in mind. Even if he lost the lawsuit and all products were banned and destroyed, he had a way to bring Ruixing back to life.

There’s always a way out where a will exists, and this path is what Huang Jiacai has already prepared.

President Wei and some shareholders have completely cut ties with Ruixing, while other executives and employees remained in place, and President Wang was retained.

President Wang was somewhat dazzled by the rapid changes. With this series of moves, Huang Jiacai became the actual head of Ruixing.

President Wang has always had a high regard for Huang Jiacai, thinking that this young man was talented and extraordinary. He did not expect him to ascend to this position so quickly.

Truthfully, President Wang was quite unhappy deep down, feeling as though Huang Jiacai had somewhat deceived him, since he had not been completely transparent with him before.

But when he thought about it, the business world is a battlefield. Huang Jiacai’s actions were reasonable and justified. Besides, he treated him well. Apart from the regular 30 million from the acquisition fund, Huang Jiacai secretly compensated him with another 20 million.

Apart from that, Huang Jiacai also retained him as a consultant for Ruixing, with an annual salary of two million.

Having already aged, the no longer ambitious President Wang would say that this is the best outcome. Having obtained so much money, he can continue to draw a high salary. The work is practically relaxed, he lives comfortably and is highly respected by the newly appointed boss, Huang Jiacai. This is practically living like a god.

"So, what do we do next? We have stock that we cannot sell, which we need to destroy. The company’s already out of money, and yet we have to pay compensation. We even have to destroy the molds. How will the company survive in the future?" A sales manager asked gloomily.

"This day was bound to come. Better sooner than later. Our sales channels are still intact, and even if we have no products of our own, we can help sell for others. I have already negotiated with Jiemai. We will lay out their goods across our channels and share profits equally. This not only alleviates our situation of having no stock to sell but also allows us to maintain our sales channels. Most importantly, it gives us a stake when we negotiate with Johnson & Johnson."

Your enemy’s enemy is your friend.

According to this logic, Huang Jiacai stakes his ground. Whoever pushes him, he will side with another company and help that company fight against his enemy.

"I don’t know if any of you have heard the story of ’One Peach Kills Two Generals’? Today, I want to kill two generals with one peach. Since someone wants to push us, then fine, whoever pushes me, I will completely side with another company. So, everyone, don’t panic. As long as each department, each region holds the line and keeps our structure intact, we can definitely endure this. My fellow colleagues, our parent company upstream has plenty of funds to support us. You’ve already received the salaries owed to all of you, right? Not to mention it comes with an additional 20% compensation. I will tell you all, you regional sales managers are all here, some newly promoted. Moving forward, each product will come with a commission for you. The rates are all on this sheet."

The commission for each specific product, with the company’s database settling the accounts daily, shows how many products were sold, how much commission the sales department can receive, how much the manager can get, and how much the salesperson can get. It’s plain to see that this visible incentive is very stimulating.

Seeing the rates on the sheet caused a clamor at the meeting. These rates were quite generous, the highest in the industry. The sales managers exchanged looks.

"Don’t think that I’m just bluffing. We’ll sign the agreement later. I’m not afraid of you earning money, not afraid of you getting rich. With great rewards comes great performance. I won’t give you a pep talk, my respect is in the rates in your hands. I hope that each and every one of you will drive luxury cars and live in villas in the future. That would be my greatest blessing for Ruixing."

"To the R&D department, from now on you will receive both salary and bonuses. For every product you market, you will receive a commission based on the profit the product brings to the company, even if you don’t create a product, it’s okay, the salary will ensure your livelihood. But if you want to drive luxury cars and live in villas, you need to exert effort to develop good products for me."

"Don’t be afraid to take more, it’s all earned by yourselves. Whoever’s competent can step up, if not, step down."

Huang Jiacai was very eloquent, speaking with great resolve.

Seeing his reputation in Ruixing previously, everyone held a high degree of trust in him.

Now that he’s suddenly pulled in an investment of two billion and acquired Ruixing, then cleared all overdue salaries, including a 20% compensation bonus.

This truly lit up a beam of hope for everyone. At these words from Huang Jiacai, who wouldn’t feel as excited as if they’d been injected with chicken blood (very energized)?

Ruixing focuses mainly on sports medicine products, similar to Shi Lehui in his early days. Therefore, in order to fill the void left by Ruixing in areas like the spine, trauma, and artificial joints,

Huang Jiacai has long been utilizing his own sales channels to line up other companies’ products and carry out agency sales.

At least that’s how it is in South China currently. The profits of these agency products are enough to keep Ruixing from starving.

"Today, I also want to introduce the company’s trusted chief engineer. Please come in!"

The meeting room door was pushed open, and a young engineer walked in.

"Chen Zhi, is that Chen Zhi?"

Everyone was in discussion, wasn’t Chen Zhi the one who was fired by the company?

The one whose online loan debt was chased down, with calls even made to the president’s office, named by the president to be fired, rumored to have committed suicide, isn’t he just fine?

"Yes, he is Chen Zhi, he is now our chief engineer. Now, let him introduce the future patent and product layout of our company."

As Chen Zhi took off his coat, Huang Jiacai immediately stepped forward to take it for him.

Perhaps it was his first time giving a speech in front of so many people, Chen Zhi was a bit shy, Huang Jiacai raised a thumb to encourage him.

On the large screen, one after another certificates of utility patents were displayed.

"These patents, currently under my personal name, will soon be transferred to the company’s name. They cover the entire sports medicine product line, bypassing the existing patent protection barriers, starting anew. Look, this meniscus suture device, bypasses the anchor point technology at the capsule stop point, and it adopts knot-tying technology. It can complete a blind knot within the safe area behind the joint capsule, maintained by the knot attached to the posterior joint capsule. For the consumables that hang the anterior and posterior cruciate ligaments, we abandoned the methods of our peers and adopted the internal hanger beam technology. You see, the ligament is pulled into the tunnel, the hanger beam just stops on the tunnel wall. When the ligament is in place, with the help of the guide, the hanger beam traverses the middle of the ligament, suspending the ligament. For the repair of the rotator cuff, we also found a new path. This kind of no-anchor bone suture technology is both firm and saves the trouble of anchors. These techniques may not be leading, but they have successfully bypassed existing patents, there is no need to pay patent fees to others, we hold the initiative in our hands, but the results will be absolutely no worse--"

When Chen Zhi talked about technology, he was eloquent, and his passion for medical devices was almost crazy.

"Where did this engineer come from?" Yang Ping asked sideways.

"A secret weapon, I’ll report to you in detail after the meeting." Huang Jiacai smiled with satisfaction.

"Why is it him?" President Wang was also surprised.

"This is my ace in the hole. Ever since he left Ruixing, I set aside a sum of money to sponsor him in developing devices and applying for patents, saving for later use."

A considerable part of the money Huang Jiacai earned over the years was invested here.

"You saw this day coming and made preparations in advance?" President Wang was more amazed at Huang Jiacai’s foresight.

"A man without a plan for the future will find trouble at hand." Huang Jiacai said calmly.

With this batch of patents, Ruixing could withstand any blow. As long as there are sufficient funds, start molding, register for entry, and quickly spread the supply.

Survive by acting as agents for other people’s products, speed up the production of their own products, and then get back on track one step at a time.

Just hold on for three months, and Ruixing will be reborn.

"With the spinal external fixator, he has been studying the issue of trial production. He proposed a suggestion that some parts can be improved a bit, although the accuracy is reduced, but the requirements for the whole material and process are reduced a lot, and we won’t be strangled by others. This is his blueprint, take a look."

Huang Jiacai took a document out of his bag next to him.

Yang Ping took a close look:

"Good, this suggestion is very good, in fact, the production difficulty is reduced with this change, there is no need to use high-demand memory alloy, and the demand for the metal rod is much lower."

Because Yang Ping was completely out of surgery’s purpose and did not consider the material and process too much.

Yang Ping’s product is the most ideal product, and after being revised by Chen Zhi, it is a compromise to reality, a product that can be immediately produced and marketed, considering factors such as cost.

Now this improvement has reduced the difficulty and cost of mass production, although the precision has decreased, but it does not affect the use.

"I plan to give him a little bit out of the 20% equity I have, considering these patents as a technology stake."

"Get the shares from me, don’t move yours."

"I already have plenty of 20% on my side, you need to maintain absolute control on your side."

"As long as I have 51% control, you can use the remaining 29% on my side, you can decide how to use it, who will reward it to in the future."

Yang Ping knew that once this path was opened, all future business matters would be handled by Huang Jiacai, and he would become a hands-off boss.

Ruixing will be the core enterprise in the medical sector, and it does not intend to go public to finance in the future. It will adopt a steady strategy, giving Huang Jiacai 20% is the most appropriate.

Yang Ping doesn’t like business and is not good at business, but he needs money, a lot of money, to support his future research.

Huang Jiacai will be his financial support in the future, how can he do if the shares are too small.

"Is this kid a talent?"

President Wang was quite ashamed.

"Our country has never lacked talent, it is just short of good employers and a good employment environment."

These were Huang Jiacai’s heartfelt words.

But President Wang was ashamed to hear this, he didn’t try hard to retain him at that time, but it was something he couldn’t help.