Park Jin Hyuk said:
“If our production capacity is insufficient, why not collaborate with other pharmaceutical companies and let everyone share the profits? That way, we can produce 100 million doses by the time we launch the product?”
"Yes, we plan to produce 300 million doses by the end of the year."
"very good."
Park Jin Hyuk nodded with satisfaction.
"Please confirm the domestic demand with Commander Zheng. We will sell the remaining products overseas and require advance payment."
"Is it necessary to ask for this?"
Mao Dayong raised questions.
Even Xuan Yizhu expressed his concerns:
"Chairman, if we do this, people might say we're taking advantage of someone's misfortune."
"I know there will be criticism from the outside world."
Some people wish the vaccine were free, let alone having to pay for it first.
"But we are running a business, not doing charity work. We can transfer the conflict elsewhere."
"What do you mean...?"
"We submitted our proposal to the government and believe it will be chosen."
Only then did Xuan Yizhu understand what his boss meant.
Park Jin Hyuk continued:
"The payment received can be used for emergency purposes."
"You want to use the payment for DS Energy?"
Hearing Xuan Yizhu say this, Jin Dongxi showed an expectant look.
If DS Pharmaceuticals could lend a helping hand, DS Energy would be saved.
But unexpectedly, Park Jin Hyuk shook his head.
"That's not what I meant. Using pharmaceutical funds for energy will cause problems."
This constitutes circular investment and is illegal.
"What do you mean by emergency?..."
"Just pretend to be in an emergency."
Xuan Yizhu still didn't understand.
"The current difficulties are only temporary. I believe DS Energy can overcome them with its own strength."
Jin Dongxi said puzzledly:
"The company is almost bankrupt. How can it possibly survive on its own..."
Park Jin Hyuk said with a smile:
"How can it be bankrupt?"
"The oil price is already negative, and the crude oil we have is not profitable. Even if we refine it, we can't sell it at a good price."
"How long will negative oil prices last? A week? A month? A year?"
"this……"
Kim Dong-seok couldn't answer.
Park Jin Hyuk turned his gaze to the presidents present and said:
"I think negative oil prices are only a temporary phenomenon. The oil-producing countries in the Middle East, as well as the United States and Russia, cannot allow this situation to continue. They need to make money from crude oil."
Then Park Jin Hyuk raised his voice.
"Therefore, DS Energy's losses are only on paper. Apart from the losses from refining, what we need to do now is to hold on and get through the most difficult times. Time will help us resolve the current crisis."
Everyone present listened quietly and no one raised any objections.
Park Jin Hyuk anticipated the drop in oil prices and took advantage of the drop to make a fortune.
Past experience tells them that Park Jin Hyuk's judgment has never been wrong.
"Before the meeting, I had instructed President Guo to fulfill the contract with Aramco."
"Have you decided to buy?"
"Yes, it was decided to buy 70 million barrels."
"What?"
Everyone was surprised.
"Director, aren't you planning to buy the 10 million barrels from Dongjing Industry?"
"Yes, the condition is that you hand over the management rights of Dongjing Industry to me."
"Wasn't your contract for 20 million barrels? How did it become 70 million barrels?"
"Aramco asked me if I could buy 70 million barrels, and I agreed. President Guo is planning to go to Saudi Arabia to sign a supplementary contract with Aramco... Actually, to be precise, it's not a purchase."
“Not a buy-in?”
"Aramco agreed to cover all vessel charter and loading costs, so it can be said that the crude oil was transferred from Aramco to me without me having to spend a penny."
Park Jin Hyuk further stated:
"On the condition that Aramco would cover the crewing and loading costs for three months, I agreed to accept 70 million barrels of crude oil. This would require 30 tankers, and the chartering alone would cost $2 million per day."
"Director, what about three months from now? A ship's rental fee is 2.5 billion a day, which is 70 billion a month."
"Don't worry, this is my personal transaction and has nothing to do with DS Group."
Then he changed the subject.
"All in all, I think oil prices have bottomed out."
"But the problem now is that a sharp drop in the share price will affect the safety of the entire DS Group."
"But what we need now is not capital, but a way to stabilize the stock price. The chairman's previous approach of constantly introducing new investments was wrong."
He gave the order:
"President Mao..."
"yes."
"Following up on what I said earlier, we estimate that Commander Zheng will need no more than 50 million doses. The remaining 50 million doses will be sold overseas using advance payment. This news will also be announced. President Jin..."
"yes."
"DS Energy's share price will undoubtedly plummet after the stock market opens today. This morning, you announced that, after a meeting, the group has decided to assist DS Energy."
Although he didn't know what kind of assistance he had received, Kim Dong-seok nodded.
Then, Park Jin Hyuk said to Zheng Zanyong:
"I will transfer 100 billion yuan to you. Use this money to buy DS Energy shares to prevent the stock price from falling. This matter must be publicized with great fanfare."
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!
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