Without the troublemakers, the rest of the meal was a great enjoyment for both the host and the guests.
One phone call can make the director in the entertainment industry change the role immediately, and he casually took out 50 million without even looking at the letter of intent for investment. These are enough to prove the strength of Si Mingyu's family. Naturally, Tang Yan became more and more humble.
Si Mingyu said that he didn't know much about the entertainment industry, and if there were suitable films or variety shows that needed investment, Tang Yan could contact Lin Shirui.
This is equivalent to letting Tang Yan act as his agent in the entertainment industry, instantly transforming her from an actor to an investor, directly raising her status to the top. This is a huge favor.
Tang Yan found this a bit hard to believe. She felt that if she were a decade younger, Si Mingyu would have offered such generous conditions to try to take advantage of her. But now, she was twice his age, and he simply didn't care about her. What was he trying to achieve?
But on second thought, after the other party uses me to invest in a few movies and TV series, the young actresses who get the news will be like bees seeing honey and will not be able to be driven away.
Not to mention anything else, just look at Si Mingyu's looks. Although not as good as the top young handsome guys, they are not much worse. Those who come to him may not suffer any loss.
But in fact, Tang Yan's idea was completely different from Si Mingyu's.
He invested in the entertainment industry because it was chaotic. Some money has to come from somewhere, right? Since its founding, Dongshen Wealth had made a few gains, but they were all small, and this was the only time he'd made such a large profit. After all, it was like winning the lottery; too many wins wouldn't make sense, so he needed to expand his reach.
.
World Financial Center, Dongshen Wealth Conference Room.
Since the new office is still under renovation, this meeting was held here.
"Mr. Si, this is the information I collected about some qualified medical research institutions in the Fifty-State Federation." Song Yanming asked his secretary to put down a thick stack of materials.
"Manager Xiao, Director Bian, I'm sorry to both of you. Please select a suitable company for acquisition." Because it was a formal occasion, Si Mingyu addressed them by their positions.
"I have no problem auditing financial assets, but I'm not sure if my research capabilities meet the requirements," said Bian Guohai.
"You two just need to use your expertise to initially screen out a batch of unqualified ones. I will ask professionals to look at the rest and then decide which one to acquire." Si Mingyu had already made arrangements.
"I've already contacted the Magic City Medical Research Institute. They'll assist in reviewing your professional qualifications. They'll also send someone to accompany us on our field trip to the Fifty State Federation. I'll be in big trouble then."
"Since Mr. Si has made arrangements, we don't have to worry." Xiao Shixian felt relieved when he saw that Si Mingyu had already made a plan.
"Mr. Song, we have to directly acquire a domestic research institute as soon as possible. We can't rely solely on foreign ones." Si Mingyu ordered.
"Don't worry, Mr. Si, things are already working out. I'll give you the information to review when the time comes." Song Yanming responded immediately.
"Then I'll trouble you all."
Si Mingyu's latest plan is to enter the pharmaceutical industry. He plans to acquire a research institute both at home and abroad, and after integration, they will be managed by the pharmaceutical branch under the group.
After all, the Fifty-State Federation does not allow many advanced scientific research equipment to be exported to China, so some experimental research must be done there, and then the scientific research forces of both sides will be integrated to develop new drugs.
Of course, developing new drugs is an extremely expensive endeavor, and only a few major medical giants have the capital to invest in it.
Even though Si Mingyu's net worth is more than 6 billion Chinese yuan, including the stocks of Penguin Bank and China Merchants Bank, the funds of Dongshen Wealth, and the money he just earned, it is still incomparable to the multinational pharmaceutical companies with a market value of 200 billion to 300 billion US dollars.
Dongshen Wealth's money could not be moved because either the investment agreement stipulated a time limit or the stock price was bullish and he could not let the money go unearned. Therefore, he pledged the stocks to acquire the pharmaceutical research institute and purchase new equipment. Otherwise, he would not have had so much money.
As for future research investment, if the dividends are not enough, I will have to borrow money from Gu Shuanghui.
Why would Si Mingyu do this? Rushing into a completely unfamiliar industry, and risking everything on it, was a suicidal act no matter how you looked at it.
He chose the pharmaceutical industry because he needed an industry that would generate huge profits in the future. This wasn't due to his blindness, but rather the company's arrangement.
Several new drugs are close to successful development, and these will become the results of Si Mingyu's medical research institute.
With the formula mastered, a little guidance would allow the researchers to believe it was their own achievement. The acquisition of the Fifty State Federation's research institute was intended to confirm the authenticity of the matter. After all, with so many foreign researchers involved in the research, it couldn't be fake, right?
As for why a small research institute like yours managed to achieve something that major pharmaceutical companies couldn't, that's perfectly normal. Scientific research is all about trial and error. If you have money, you can fail a thousand times before finding the right answer. I may not have much money, but I'm lucky. I failed a few times before finding the right path. There's no reason to explain this.
How many miraculous drugs have been discovered by accident throughout history? Take penicillin, for example. What was its R&D cost? And what was its initial selling price? It was truly more expensive than gold.
As for the lengthy drug development cycle, clinical trials, and ultimately, the launch, that's not important. While China can afford to take its time, overseas markets don't necessarily need to.
Medicine is lifesaving. If you tell a seriously ill oil tycoon you can get a $100 million injection with a 50% chance of curing your illness and giving you another ten years of life, but you can't survive the next month if you don't agree, what do you think he'll do? At that point, clinical qualifications and qualifications are unimportant; staying alive is what matters.
So, if nothing unexpected happens, the new drug will be available for sale overseas at the latest in four years, when Si Mingyu graduates from university. Of course, the price won't be that outrageous, but even if it's $200,000 per injection, Si Mingyu will still make a killing.
The key point is that there is not only one kind of this medicine. One of them is priced high because it is a unique life-saving drug, and the others are also effective for some chronic diseases. At that time, higher income can be obtained by selling in large quantities.
For the company, the credit and profits from the successful development of a new drug go to Si Mingyu without affecting the benefits for the Chinese people. On the contrary, private medical research institutes offer more flexibility, allowing them to earn money while having foreigners assist with clinical trials.
This is a matter of life and death, they will not lose out.
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