Yan Shaoqin swirled his wine glass. "Right now, there are already five or six pharmaceutical companies in China that want to compete for the contract, including the industry leader, Taiye Group, and Lancheng, which just went public overseas this year. I doubt Dingsheng will be able to compete with these two."
Song Qingyou said in a low voice, "I am currently planning to open a research and development department at Dingsheng, recruit a group of technical talents in the pharmaceutical industry, and also research and development equipment. All of these require a lot of money, and I don't think I have enough money to bid for more."
Yan Shaoqin raised an eyebrow: "Research and Development Department?"
He has been researching the pharmaceutical industry for the past two years, including his current project, Shiyu, which also involves drug development. He has invested a lot of money in it, but the research and development costs are too high and the results are not visible in the short term. It is a case of burning money every day.
He's already considering abandoning the project.
Instead of pursuing research and development, it would be better to continue the path Dingsheng had taken before, becoming a drug distributor and earning the middleman's profit, which would be more convenient and less stressful.
Shen Guannan looked at Song Qingyou with a deeper meaning: "You're planning to do drug research and development?"
“Yes.” Song Qingyou’s expression was cool and aloof: “There is a shortage of technical talent in China. In many industries, including scientific research, too many talents are flowing abroad. It is not easy for the country to cultivate a talent. It’s not that people don’t want to work in China, but they lack a good environment and salary. Instead of waiting for others to poach people from China and sell the research results back to us at high prices, why don’t we establish a research and development department to change this closed loop?”
The people at the dinner table exchanged glances. Born and raised in the capital, they were well aware of the country's predicament, but changing the established environment was no easy task.
Jiang Zhiyuan asked with great interest, "What's your plan?"
Song Qingyou said calmly, "Let's test it out in Dingsheng first. If the results meet our expectations, we can set it up all over the country."
Gu Bai gasped, "Do you know how big an investment this is?"
Jiang Zhiyuan asked, "Then how do you achieve a balance between income and expenditure?"
Song Qingyou's gaze swept across the room, a hint of sadness in her eyes.
She hadn't come up with a solution to this problem yet. Dingsheng wasn't just hers; Yan Shaoqin also owned 49% of the shares. Based on Dingsheng's current revenue, if the investment was put into the R&D department, it would only achieve a break-even point and wouldn't be able to generate any profit.
The air seemed to freeze for a moment.
A cold, indifferent voice broke the silence.
It carried a hint of nonchalance.
"If you want to do it, then do it. We can afford to lose this little bit of money."
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