For Hancheng Group, it would be most appropriate to acquire BioLogics after it has built its factories and started trial production.
"I've always wondered why DS didn't sell off this business. So this is what's going on."
"After you reminded me, I conducted a more in-depth investigation and discovered these problems. The Strategic Planning Office at headquarters is in charge of this matter, so even DS Pharmaceuticals is unaware of the situation."
Tick, tick, tick…
Park Jin Hyuk drummed his fingers on the table.
This is his unique habit when thinking.
Jin Junyu looked at him and said after a while:
"Right now, the chairman and Secretary Huang are not in the country, so the sale is on hold. Once they return, it will be restarted."
"Hmm...if we invest as planned, can we prevent the sale?"
"The reason for selling this business is not a lack of funds, but a lack of profitability... Therefore, even if an investment is made, I'm afraid it won't prevent the sale."
"I think so too..."
Xuan Yizhu proposed a plan to use BioLogcis to increase the value of Park Jin Hyuk's assets.
That is, first invest money to acquire equity in BioLogics, then restore the company's business to normal and achieve listing.
In this way, you can get more than 10 times the profit.
But if the company is sold after the investment, that’s another matter.
"The most urgent task is to prevent the sale of BioLogcis. What are the best ways to do that?"
"I have already told President Xuan everything I have found out, and asked him to think of a solution."
"It's too difficult for him. He has a lot of things to do over there. We can't just rely on him. We have to use our own brains."
"Understood."
After saying that, Jin Junyu did not leave, but lowered his voice and said:
"Under the current circumstances, is it appropriate for you to go abroad? Should we let President Mao go alone?"
"I'm afraid that won't work."
"If you think his marketing skills are not good enough, why not send an executive with strong marketing skills to assist him?"
"It's not just a matter of experience and ability, but more importantly, a lack of self-confidence. If other senior executives were sent there, it would not only fail to build his confidence, but might even make things worse."
"Would it be different if you went?"
"Of course, I'm a member of the DS family. If I get things done, I can say it was a joint effort with President Mao and give him the credit. Since we're not in competition, it won't be a burden for him to accept it."
Jin Junyu nodded. Indeed, if Park Zhenhe went, it would be of greater help to President Mao.
But the situation at BioLogics is indeed worrying.
Park Jin Hyuk paced back and forth in the office. He seemed to see Jin Junyu's worry, stopped and said:
"Don't worry, investing in BioLogics is not the only option available to us."
"Have you thought of any other solutions?"
"Not yet, but I believe there will be a way. Don't worry too much, just deal with the things at hand first. When you reach the point of failure, there will always be a way out."
Compared to Park Jin Hyuk, Kim Jun Woo seemed to be more anxious, and so did President Hyun and the other team leaders.
Faced with such an unfavorable situation, Park Jin Hyuk is still full of confidence.
The day arrived to depart for San Francisco.
"Let's go."
Kim Jun-woo accompanied Park Jin-hyuk out of the company building, got into the car with the people waiting there, and drove to the airport.
Park Jin Hyuk and Mao Dayong sat together in the back seat of the car.
Jin Junyu, who was sitting in the passenger seat, turned sideways and glanced back.
The two people are at completely opposite extremes. One has a serious expression, while the other looks calm, as if he is visiting a friend.
"President Mao, don't be so nervous. You'll be fine if you follow me."
Mao Dayong couldn't help but laugh when he heard Park Jin Hyuk say this.
A newbie who had been involved in business for less than a year told him, a veteran who had been working in the workplace for 30 years, that there was no need to be nervous, as it felt like they were acting.
"Thanks."
"You're welcome. I'll do my best to help you in the future. Just wait and see."
Mao Dayong turned his head and looked at Park Jin Hyuk.
Before the group announced that Park Jin Hyuk would join DS Pharmaceuticals, Mao Dayong had dinner with him once.
Park Jin Hyuk told him that he would go to work for DS Pharmaceuticals, hoped to work together, and said that business management was a very interesting thing.
At that time, Mao Dayong didn't quite understand what he meant, but now he understands.
"Thank you. I'm very much looking forward to it."
Park Jin Hyuk smiled and patted his shoulder.
"That's it, just relax, it's no big deal."
*** *** ***
Marriott Hotel, Los Angeles, USA.
After putting down their luggage, the DS Pharmaceutical employees came to the meeting room prepared for them by the hotel.
They divided their tasks.
“Domestic companies can be excluded.”
"There are about 20 companies from our country attending the conference. Is it necessary to exclude them?"
"Domestic companies can go back and visit them later, but we should visit foreign companies here first. Everyone should visit the companies they are responsible for."
Park Jin Hyuk divided the people who came together into groups, and each group was responsible for visiting a certain number of companies.
"Everyone needs to be sensible. The purpose of our trip is not to get the contract, but to promote ourselves and let more people know about DS Pharmaceuticals.
Even if one more company or one more person knows about DS Pharmaceuticals and DS BioLogics, it will be a good thing, and we will do our best to promote our CMO business."
After hearing this, everyone was confused.
Seeing everyone looking at him with confusion, Park Jin Hyuk thought that he had to make everyone understand the priorities.
On the plane to the United States, Park Jin Hyuk figured out one thing.
This exhibition brought together many well-known companies in the industry, as well as many investors looking for projects.
In this case, obtaining orders should not be the goal, at least not the primary goal.
The primary purpose is to promote your own business, and the results of doing so will play a greater role in the future.
Park Jin Hyuk stood up and encouraged everyone:
"Distribute all our promotional materials. If we complete this mission well, we won't let you down when we get back!"
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