Chapter 303: Acquisition of pharmaceutical companies and entry into the health care products industry
"Victor, are there any larger health care product companies or health care drug manufacturers in Hong Kong?" Hardy asked.
Victor thought about it.
"It seems that there are really no large-scale health care product companies. What's the matter, boss? Are you planning to run a health care product industry?"
"The inland areas are going to use herbs to pay off the debt, right? We have to make sure those herbs are useful. In the United States or Europe, the amount of herbal medicine used is very small. They are usually used in some small clinics in the Chinese community. The amount is too small."
"Why not set up a health care product company, produce and sell health care products? This will make more money than selling herbal medicines," said Hardy.
"There are several pharmaceutical factories here. Can't we sell drugs?" Victor asked.
Hardy shook his head.
"Drug control is too strict, with cumbersome reports and several clinical trials. Normally, it takes several years to develop a drug. Health products are different. They are food and can be sold directly after production. As long as they don't kill people, there's no problem."
The laws in Europe and the United States stipulate that health products are dietary supplements and foods, and their management is ten thousand times looser than that of medicines.
But this is also a huge market. In the world before Hardy traveled through time, the annual market for the health care products industry reached more than 200 billion US dollars.
Mainly,
There is really nothing worth showing off in the mainland right now.
This was also true after liberation.
Banknotes, antiques, and gems are all limited, but Chinese herbal medicines are abundant and in endless supply. When that place is blocked, there really aren’t many things to sell. Fortunately, Chinese herbal medicines are not among them, so this business can continue.
It is also equivalent to monopolizing a huge Chinese herbal medicine base.
What Hardy needs to do here is to research the medicines needed by the market, and then sell them all over the world to make money for himself.
Since there are no large health care product companies in Hong Kong, then we should create one ourselves. "Do you know the situation of large pharmaceutical companies in Hong Kong? It would be best if they produce Chinese patent medicines?"
"Chinese patent medicine?"
"I do know one, Tong Yitang Pharmaceutical, which used to be a pharmaceutical company in Guangzhou. Later, it moved to Hong Kong and built a pharmaceutical factory. The factory covers an area of 150 acres, and all the equipment was imported from the United States and the United Kingdom." Victor said.
"Oh, how do you know that?" Hardy asked.
Victor smiled shyly, "I was at another cocktail party, and the boss of Tong Yitang Pharmaceutical, Sha Tong Yitang, came to say hello to me through someone's introduction. I sell penicillin, and we also have a penicillin factory, so he thought I had connections in the US pharmaceutical industry and hoped to sell his drugs to the US through me."
"What drugs do they make?" Hardy asked.
This put Victor at a loss. "Sorry, boss, the names he mentioned are all in Chinese and they are hard to pronounce. I can't remember them."
Hardy could understand that drug names can only be translated literally. Those drug names would confuse most Chinese people, not to mention Victor, a Frenchman.
Hadi raised his hand and checked the time. It was 4:30 in the afternoon. "It's not too late. See if you can contact Sha Tongyi. If you do, tell him that I want to meet him."
Hardy doesn't like to procrastinate. If he can finish something today, he won't wait until tomorrow.
"Okay, boss. I'll contact them right away." Victor hurried into the house to make a phone call.
Victor didn't have Sha Tongyi's phone number, but that didn't bother him. He called his assistant, who quickly looked through the business cards, found the phone number of Tongyitang Pharmaceutical, and finally called Sha Tongyi.
Sha Tongyi is 46 years old this year. His ancestors and parents were all Chinese medicine practitioners, so he can be said to be from a Chinese medicine family. However, during the Republic of China period, there was an anti-traditional Chinese medicine wave in the country, among which many famous people were involved, the most famous of whom was Sun Yat-sen.
In 1925, he was seriously ill, but he refused to take Chinese medicine. He uttered the famous saying, "I have a habit of not taking Chinese medicine in my life." Then he underwent surgery, and died a month later.
In addition, there are a large group of people including great writers such as Lu Xun, Liang Qichao, etc.
Under such circumstances, Sha Tongyi turned to study Western medicine, and later went to Cambridge, England to study pharmacy, mainly focusing on drug manufacturing.
Because he himself understood Chinese medicine, he discovered during his studies that Western medicine was not as omnipotent as the legend said, and Chinese medicine was not completely useless either. It can only be said that each has its own strengths.
After completing his studies, he returned to Guangzhou and used his family's money to open a pharmaceutical factory and began to produce Chinese patent medicines. Because he introduced Western pharmaceutical manufacturing technology, he made Chinese medicine into capsules and tablets, which sold very well because they were easy to take.
Tong Yitang's business gradually grew.
But later, as the war continued, Sha Tongyi had the foresight to move the Guangzhou pharmaceutical factory to Hong Kong. However, even so, he could not escape the ravages of the Japanese. During the Japanese occupation of Hong Kong, the Tongyitang Pharmaceutical Factory was also closed.
After the Japanese surrendered, Sha Tongyi took back the pharmaceutical factory, but unfortunately the equipment in the factory had been dismantled and only the factory building remained.
The original workers also left.
Sha Tongyi is like starting from scratch.
He gritted his teeth and sold his ancestral property in Guangzhou, borrowed some money from the bank, and purchased new machines. After more than a year of hard work, he finally reopened the pharmaceutical factory.
However, new troubles arose. Civil war broke out again, sales were cut off, and finished medicines were not selling well. With so much capital under pressure and a large loan, Tong Yi Tang had a hard time moving forward.
He had also thought about selling Chinese medicine overseas, but it is not so easy to open up the market. Tong Yitang is now basically in a difficult situation to maintain.
Today he was at the pharmaceutical factory when he suddenly received a call from Victor's assistant, saying that Mr. Victor was looking for him and asked him to call back. Sha Tongyi was stunned.
Last time, I met Mr. Victor at a cocktail party through my connections. I knew that he was very capable and hoped that he could help me sell Chinese patent medicines overseas. At that time, he said that he would not get involved in the Chinese patent medicine business for the time being.
He was still disappointed.
I didn't expect that he would ask me to call him today. Is there something going on?
No matter what the reason was, Sha Tongyi did not dare to delay and quickly called the phone number given by his assistant.
After the transfer, I finally got in touch with Victor.
"Hello Mr. Victor, I am Sha Tongyi. I wonder what you want to talk to me about?" Sha Tongyi said in fluent English.
"Mr. Hardy wants to see you. I wonder if you have time now." Victor said.
"Ha~~Mr. Hardy!"
Sha Tongyi was very surprised, he never thought that it was Mr. Hardy who wanted to see him. Mr. Hardy came to Hong Kong these few days and the newspapers reported it extensively. Sha Tongyi also read the newspapers and naturally got to know something about Hardy.
This Mr. Hardy is a real big entrepreneur.
He is also a prominent figure in the United States. In the past year, the Hardy Group has made large-scale investments in Hong Kong, building a penicillin factory and the Kowloon Tong Industrial Zone. Wells Fargo Bank is his industry, and HSBC has also been acquired by this Mr. Hardy. What a huge financial force he has.
Unexpectedly,
Mr. Hardy actually wanted to see me.
In his mind, Mr. Victor is already a great figure. As for Mr. Hardy, he is Mr. Victor's boss and a person who communicates with the President of the United States, the Prime Minister of the United Kingdom, and the King of England.
He is a big shot that I can never reach.
"May I ask what Mr. Hardy wants to talk to me about?" Sha Tongyi asked cautiously.
"Mr. Hardy is more interested in health care products and asked me if there are any good pharmaceutical companies in Hong Kong. You and I talked about this at the cocktail party last time, and I thought of you. If you have time, please come to Mr. Hardy's estate in Victoria Peak." Victor said.
"Ah, there is time, there is time." Sha Tongyi replied quickly.
"Then I'll send a car to pick you up."
"No, no, I can drive there myself."
"Okay, then I'll ask the security guard to pick you up at the entrance post of Taiping Peak, otherwise you won't be able to get in." Victor said.
"Okay, okay, I'll get there as soon as possible, Mr. Victor."
Hang up the phone.
Sha Tongyi quickly put on his clothes.
Although he didn't know what Hardy wanted him to do specifically, this was definitely an opportunity for him. The newspapers said that Mr. Hardy's assets were several billion dollars. Such a big shot could help his pharmaceutical factory get out of trouble just by opening his mouth.
Half an hour later, Sha Tongyi finally drove to the foot of Victoria Peak. The main pharmaceutical factory was in Kowloon, and crossing the sea was too troublesome.
Some people were already waiting at the pavilion at the foot of the mountain. They got into Sha Tongyi's car and went up together, and finally arrived at Hadi's manor.
After adjusting his suit, Sha Tongyi followed the security guard into the living room with some trepidation.
Victor saw Sha Tongyi coming in and immediately stepped forward. Just as Sha Tongyi was about to say hello, Victor said, "Let's go to Mr. Hardy's study. Mr. Hardy has been waiting for a long time."
"Okay, okay."
The two came to the door of the study.
Victor stood still.
Knocked twice gently on the door.
Sha Tongyi was behind Victor, watching Victor's cautious look, and thought that Mr. Victor, who was a big shot in Hong Kong, was also so respectful in front of Mr. Hardy.
"Come in."
Hardy's voice came from inside.
Victor opened the door and led Sha Tongyi in.
"Boss, Mr. Sha from Tongyi Pharmaceutical is here." Victor said softly.
Hadi was writing something when he looked up and saw a middle-aged man, about 1.75 meters tall, with a gentle appearance. He stood up with a smile and said, "Boss Sha, I'm sorry to call you here so suddenly."
As he said this, he walked out of the desk and extended his hand to Sha Tongyi.
Sha Tongyi quickly reached out his hands and held Hadi's hands, "No, no, it's my honor to meet Mr. Hadi."
Sha Tongyi thought that Mr. Hardy was quite easy-going.
Both parties sat down, and Victor went out to have two cups of tea made, one placed in front of Hardy and the other in front of Sha Tongyi.
Sha Tongyi stood up quickly.
"Thank you, thank you."
He didn't dare sit there casually while being served by Victor.
"Boss Sha, I wonder what kind of medicines your pharmaceutical factory produces and how profitable it is?" Hardy asked.
Sha Tongyi did not dare to hide the secret.
"Tong Yi Tang has more than a dozen kinds of ready-made medicines, including 'Niuhuang Qingwei Pills' for treating deficiency of both heart and spleen, 'Xiaoer Xiaore San' for treating heat accumulation in the spleen and stomach of children, Niuhuang Jiedu Pills and Huanglian Shangqing Pills for treating toothache caused by wind and fire, and ..."
Sha Tongyi suddenly stopped talking here, and said a little embarrassedly.
"I'm sorry, Mr. Hardy, I forgot you didn't know these drug names, but they are hard to translate..."
"It's okay, just keep talking. I understand Chinese, but what I understand is Mandarin. You can speak in Mandarin," Hardy said in pure Chinese.
Sha Tongyi was slightly surprised.
"It turns out that Mr. Hardy knows Chinese. That's great. It will be much more convenient. We also have Yinxuan Jiedu Tablets, Mingmu Shangqing Capsules, Chuanbei Loquat Paste, Baohe Pills for treating food stagnation, and Dashanzhao Pills."
"There are also Ziyin Ganlu Pills, Nuangong Pills, Ginseng Guipi Pills, Yiqi Yangyuan Pills, Wuji Baifeng Pills, etc. for women."
Sha Tongyi became more and more excited as he spoke.
I brought out all the speeches I had prepared to sell the product to others.
"Our company covers an area of over 150 acres and has the most advanced production lines introduced from the UK and the US. We can produce pills, capsules, tablets, granules, syrups, etc."
"Our company's products have high production volume and stable effects. They were very popular in the mainland and have good sales in Hong Kong."
Hadi listened to Sha Tongyi's speech with a smile and asked, "Mr. Sha, are you going to sell this pharmaceutical factory?"
Sha Tongyi was stunned.
"Mr. Hardy, do you want to buy my pharmaceutical factory?"
Hardy smiled and said, "I did plan to buy a pharmaceutical company and get involved in the health care products industry, but I hadn't decided who I would buy from. But now I have decided. I think highly of you and I would like to ask if you are willing to join the Hardy Group."
......