Chapter 80 Is this a trap?



Park Jin Hyuk's meeting with the subsidiary company president had a similar effect to the president's meeting.

What Park Jin Hyuk cares about is the numbers above their heads.

"It's so strange, so strange."

Park Jin Hyuk kept muttering.

Jin Junyu was driving and turned around and said:

"What do you mean?"

"BioLogics' president, Shi Zhengwan? ...What kind of person is he?"

"He's well-regarded within the company. He's been working at DS Pharmaceuticals since graduating from university, rising from an ordinary employee to the president of a subsidiary. His loyalty is unquestionable."

"What about abilities?"

"Everyone had a good opinion of his abilities, so they promoted him to president of BioLogics. However, after joining BioLogics, his performance has been less than ideal."

"That's right."

Park Jin Hyuk looked out the window and nodded.

Then he murmured:

"Why is BioLogics in this situation now?"

"What do you mean?"

Park Jin Hyuk stopped talking to himself and said to Kim Jun Woo:

"I think President Mao and President Shi are both capable, but why is BioLogics in this state now?"

"Just because the president is capable doesn't mean the company will be able to run well, right?"

"No, the president's ability plays a decisive role. If the president is not good, the company will not be good.

After President Mao arrived at DS Pharmaceuticals, he pushed for the CMO business and decisively invested in building a factory...but why haven't we seen any results? It's hard to understand."

Just now, Park Jin Hyuk saw the number 30 billion above Shi Zhengwan's head.

Although this number cannot be compared with Mao Dayong, as the president of a subsidiary, it shows that he has the corresponding ability.

"It's possible that we missed something. We need to investigate it more carefully."

"Yes, I understand."

BioLogics' current situation is fraught with doubts.

The hundreds of billions of dollars invested in BioLogics were not invested blindly, and the people responsible for this business are not incompetent.

However, the business did not run as expected, which means there are still undiscovered problems.

Not long after Park Jin Hyuk returned to the company, Hyun Yi Soo came.

"Oh, it's such a busy time right now, how come you have time to come to my place?"

"When you left, you had already arranged everything. All I need to do is sign the documents for you, so it's not too busy."

"You're still calling me the chief? Hahaha! Come and sit down."

As he spoke, Park Jin Hyuk picked up a stack of documents from the table and handed them to Hyun Yi Soo.

"What's this?"

Xuan Yizhu took the document and asked.

"I sorted it out, I hope it can be helpful to you."

Xuan Yizhu took a look and found that it was about the land price forecast around Seoul.

Xuan Yizhu raised his head and looked at Park Jin Hyuk, who smiled and said:

"I've compiled what I saw during my last inspection of the land for the new urban project and have recommended some suitable plots for purchase. Take a look and, if they're suitable, consider developing them."

"this……"

Xuan Yizhu wanted to ask where this information came from, but he didn't say it.

He had asked this question the last time he developed a new urban project, but Park Jin Hyuk did not answer him directly.

Xuan Yizhu put the information into his briefcase.

He had seen Park Jin Hyuk's ability in this area, so he planned to take it back for serious reference.

"Thank you, I will take it into consideration."

"Let's not be polite. If DS Construction develops well, it will be good for me too."

Then, Park Jin Hyuk asked about the recent situation of DS Construction.

After chatting for a while, Park Jin Hyuk picked up the teacup and took a sip.

Then, he whispered:

"President Xuan, I'd like to know if anything unusual happened when BilLogics was first established?"

"Something unusual?"

“I always feel like there’s something wrong with this company.”

Xuan Yizhu's expression became serious. This was related to their plan, and he was about to ask about the progress.

"What happened?"

"Not really. I just feel uneasy looking at the situation at BioLogics. I asked Secretary Jin to gather information about BioLogics, but he's new here and doesn't know much about the past, so I'm asking you."

Xuan Yizhu lowered his head and tried hard to recall what happened.

"Nothing unusual happened at the time. DS Pharmaceuticals decided to expand into a new business direction. After obtaining approval, they established BioLogics, purchased land, built a factory, and began accepting orders. Because the CMO business model was still relatively unfamiliar in China at the time, the start wasn't smooth, but fortunately..."

Xuan Yizhu stopped and looked at Park Jin Hyuk, as if he remembered something.

"That's right! The drugs originally produced by BilLogics were commissioned by Hancheng Pharmaceutical Company."

"Hancheng Pharmaceutical...is it a subsidiary of Hancheng Group?"

"Yes, it's the Hancheng Group founded by Director Wu's father."

Hancheng Group ranks 15th in the financial world, and its biopharmaceutical business has a very high level of specialization.

The number of new drugs developed has always been the largest in the country, replacing many foreign drugs, and has therefore been commended by the country many times.

At the beginning of its establishment, Hancheng Group's development was relatively slow. However, in recent years, the health management products it developed, represented by stem cells, have won wide acclaim in the market, and the group has shown a good development momentum.

"Initially, when DS Pharmaceuticals encountered difficulties, the chairman hoped that Hancheng Group could help him, but looking at what Director Wu is doing now, it seems that is not the case."

"Well, it seems something happened. This information is very important. I will ask Secretary Jin to investigate further."

Xuan Yizhu said with an apologetic look:

"I'm truly sorry that I didn't notice this detail before I made the suggestion, which led to you selling all your assets."

"It doesn't matter. The funds haven't been invested yet."

The current problem is that we need to investigate as soon as possible whether BilLogics has set any artificial traps.

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