Chapter 860: Pien Tze Huang is sued



Hearing that her boyfriend was going to spend a lot of money, Yin Lianyi did not object, because she knew the company's financial situation and no matter how much the year-end bonus was, it would still be a drop in the bucket.

Last year, the combined turnover of all companies under Lingnan Tang Group exceeded 30 billion (a big boost from Pu'er tea).

After deducting taxes and accounting expenses, the company lost 2 billion.

Yes, you read that right. It’s just like some companies that make a lot of money for a year, but when they do the accounting at the end of the year, they actually lose money???

Lingnantang Group's losses were mainly due to the failure to receive timely payments for African trade, and this is well documented...

But Yin Lianyi knew that the net profit was definitely a positive number, because the money secretly transferred to overseas accounts alone amounted to 3 billion US dollars.

Even if Lin Sanqi didn't say it, Yin Lianyi guessed that the money was definitely Lin Sanqi's private money, and it was definitely not his so-called cost, or dividends given to someone else.

So Lingnan Hall is not short of money, and the boss Lin Sanqi is also willing to share the company's profits with others. Naturally, he will give out money like crazy so that all employees can enjoy dividends.

Even if he doesn't give out money, if some big capital in the country really wants to take action against Lingnan Hall, they will arrest the people and the blame together, freeze the accounts, seal up the company, and the company's money will belong to someone else.

Instead of making wedding dresses for others, it is better to pay more now, which can also win back the loyalty of employees and make common prosperity for everyone.

Lin Sanqi has always had delusions of being persecuted, but for a village kid like him, it is better to be on guard than to be caught off guard.

"There's a third matter I need you to handle personally. It's a personal matter involving our family's private savings. I've acquired another batch of antiques, this time mainly from the Han and Tang dynasties.

I've already placed the antiques in the underground vault of my villa in Hong Kong. You should cross the border to Hong Kong immediately and contact Sotheby's. After the appraisal, we'll auction it. As usual, neither cultural relics nor funds should pass through the mainland.

If Yin Lianyi would have been surprised before, she is now numb.

There's no point asking anyway. The answer is that the cultural relics were collected from abroad, so they are quickly cashed in while the hot money is pouring in.

"Okay, I understand. I'll handle this myself. By the way, are you planning to invest the proceeds from the auction in US stocks?"

Lin Sanqi touched his girlfriend's smooth back:

“Yes, only invest in the ten US stocks I circled last time, and don’t invest in the others.

Wife, I actually can’t calculate how much money our family has now. We have tens of billions of dollars in the U.S. stock market, and we have hundreds of tons of gold in our homes in Hong Kong and Huadu.

So we are actually financially free. We could just lie down early and not have to work in a crappy office every day. It would be so much fun to travel around the world and shoot short videos.

But that’s not possible. I have a big business in Africa, and many people depend on me for their livelihood.

So, my dear, you still have to work hard for a while. You can't just go home and be a housewife."

Yin Lianyi suddenly remembered something and sat up straight, revealing a pale face:

"Oh, we were just talking about the wedding today, and I forgot to tell you that there's another big thing happening at the company. I just received a letter from the lawyer today.

Hu Jian Zhangzhou Pharmaceutical Factory has officially filed a lawsuit against us, demanding that we stop using the Pien Tze Huang name to sell drugs and compensate them for 500 million RMB in losses."

When Lin Sanqi heard that he had to pay compensation, he quit.

"What's going on? Our Pien Tze Huang is made entirely according to traditional methods, using genuine ingredients. It's even inferior to Zhangzhou Pien Tze Huang. How come they're accusing us of selling fake medicine?"

Yin Lianyi explained:

"They're not selling fake medicine. They're suing us for trademark infringement. They mean that the three words PIEN ZHE YUAN can only be used by Hu Jian Zhangzhou Pharmaceutical Factory. We, Huadu Lingnan Hall, have no right to use them."

When Lin Sanqi heard that it was trademark infringement, he immediately calmed down.

If they were accused of selling fake medicine at Lingnan Hall, Lin Sanqi would spend all his savings and sue them fiercely, as this would damage the reputation of Lingnan Hall.

Lingnan Hall's business as a doctor is actually all about reputation. Anyone who dares to cross this bottom line will fight to the death with Lin Sanqi.

As for whether it is trademark infringement, it doesn’t matter. He has already made preparations and has complete evidence in his hands.

"We are not afraid of trademark infringement. Pien Tze Huang is not exclusive to Zhangzhou Pharmaceutical Factory. It is a product passed down from ancient folk Chinese medicine generations and does not belong to any one person or company.

Just like rice wine, it is a common name and anyone can use it. The worst that can happen is that the trademark is different. There are Gu Yue Longshan Rice Wine, Kuaijishan Rice Wine, Nv'erhong Rice Wine, etc. Who stipulates that the word "Rice Wine" can only be used by one winery?

But, the other party suing us doesn’t seem to be a bad thing…”

Lin Sanqi thought of himself in the 1960s in another time and space, preparing to purchase a large amount of Chinese herbal medicine and make a large number of secret prescription medicines, including Pian Zai Huang.

Pian Zai Huang, a traditional Chinese medicine that has been over-mythologized, has become a common medicine for everyone from wealthy people to middle-class families.

Take one pill where you feel inflamed, another pill where you feel hot, or even another pill when you feel weak and deficient in qi. It can be used as a tonic.

Some bosses, salesmen, etc., even regard Pian Zai Yang as a miracle drug for hangover and liver protection.

Therefore, the sales volume of Pian Zai Huang is very large, and it is also one of Lingnan Tang’s flagship products.

The daily limit of Angong Niuhuang Wan Lingnan Tang is 50 pills, while the daily supply of Pian Zai Huang is 300 pills, each pill costs 1,000 yuan, and even then, the supply still exceeds the demand.

When Lingnantang was testing the waters before, it supplied a small amount every day, and Zhangzhou Pharmaceutical Factory turned a blind eye.

Zhangzhou Pharmaceutical Factory could no longer tolerate the increasing supply from Lingnan Hall and the rumor that Lingnan Hall's Pien Tze Huang was far more effective than Zhangzhou's.

Act decisively.

Filing a lawsuit to prohibit others from using the name "Pian Zai Huang" is a piece of cake for Zhangzhou Pharmaceutical Factory. They often file such lawsuits and have never lost.

Just like a certain Nanshan tumbler company, no one can win them in a lawsuit.

For Lin Sanqi, this fierce collision was bound to happen sooner or later, and he had been prepared for it long ago, so he was not afraid of the lawsuit at all.

Even if he lost the lawsuit due to some force majeure, he could just change the name to "Babaodan" and continue selling it.

As long as the effect is good, there are many repeat customers, and word of mouth spreads, it can still become a popular miracle drug.

The popularity of Pian Zai Huang may not be due to the hype of Zhangzhou Pharmaceutical Factory, it is just due to good advertising and marketing.

Speaking of advertising, Lin Sanqi made up his mind and said to Yin Lianyi:

"Don't worry, if they want to sue, then they can. It will be a good opportunity for us to get free publicity.

Just like when we first started selling Pu'er tea, the Yunnan Pu'er Tea Association came to sue us. In the end, the incident became known throughout the country and actually did us some publicity.

So we took this lawsuit and asked my fifth brother and his wife to form the strongest legal team. Don't be afraid to spend money. In addition, we must not save money on hiring media reporters to create momentum.

The other party is also smart and chose to sue in Hu Jian’s hometown, so that they have home advantage and we will most likely suffer losses.

But there is no need to be afraid of being at a disadvantage, because the lawsuit can be brought up one level at a time. If the local court doesn’t work, there is still the Supreme Court.

Then a topic was completely ignited: Is Pian Zai Huang a trade name or a generic name?

In other words, whether traditional things are owned by the whole nation or belong exclusively to a certain company, this intellectual property issue needs to be determined.”

Yin Lianyi was dissatisfied when she heard it

"No, I already have enough to do. How come you don't care about me at all? You handle this matter yourself. As the big boss, you can't just walk away all the time. Be careful that you will be sidelined in the future."

Lin Sanqi smiled and hugged his girlfriend tightly

"Your brother Yin Lianbo and sister Yin Lianli are still young, so I am not worried about the imperial relatives seizing power. You should be even less worried about the imperial harem interfering in politics. Your Yin family is not even close to swallowing up Lingnan Hall."

Yin Lianyi gritted her teeth in anger, then suddenly smiled charmingly.

"Husband, I want more..."

"Fuck, fairy, stop it, let me rest..."

"Why are you taking a break? Get up and have some fun..."

The next day, Yin Lianyi came out of the Maybach in high spirits and went back to her finance department with a rosy face.

Lin Sanqi sat in the back seat of the car, looking like a puddle of mud, with a sallow complexion, breathing in more than he exhaled.

Lin Yaliang, the driver, bodyguard, and cousin, silently handed over a thermos cup:

"Thirteenth brother, come here, this is the kidney-tonifying and essence-benefiting soup I specially prepared in advance. Your sister-in-law stayed up all night, so you should drink a few more sips." (End of this chapter)

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