Beyond the Door Lies the Pirate King
Chapter 20

Daily Income of Fifty Billion

2,178 words7 min read3 views
8mo ago

Baofeng Pharmaceutical, located in Bingxing Town, Guangle County, Nanan City, Dongguang Province, was established on July 19, 2003, with Luo Baofeng as its legal representative.

Registered capital: 37.65 million yuan. Business scope: Proprietary Chinese medicines; Chinese medicinal materials; Chinese herbal decoction pieces; chemical drug preparations; antibiotics; biochemical drugs; biological products (excluding vaccines), psychotropic drugs (Class II); medical devices; daily cosmetics; small household appliances...

It covers an area of 36,400 square meters, with a construction area of 18,900 square meters. It has 54 automated production lines for various drugs and employs over 450 staff, including more than 60 professional technicians.

It is a pharmaceutical enterprise integrating R&D, production, and sales. Its main products include Taiweilaping Tablets, Entecavir Tablets, Olanzapine Capsules, Sonosi Capsules...

"What kind of medicine is this? I've never heard of it," Zhou Qi said, completely bewildered. He quickly searched online.

Oh, Taiweilaping is used to treat HIV and can reduce the chance of mother-to-child transmission of HIV-1.

I know HIV, but what is HIV-1?

Oh, it turns out it's Human Immunodeficiency Virus type 1, and type 1 is the main type spread in China.

Learned something new.

But the One Piece World probably doesn't need this, right?

Zhou Qi flipped through the business catalog again and then sent a message to Yan Yun.

"This Baofeng Pharmaceutical doesn't say they can produce Amoxicillin either?"

Sales representatives are online for 9 hours a day. Yan Yun quickly replied: "The production process for Amoxicillin is relatively simple, so the cost is transparent and the profit is low. For the scale of pharmaceutical companies you're interested in, they generally don't consider Amoxicillin a main product. However, if you need it, they can adjust their production lines to produce it at any time."

"Uh..." So Amoxicillin is already a low-end drug? Any pharmaceutical factory can produce it?

That makes sense. He had even thought about setting up a home workshop to produce it back then. A formal pharmaceutical company can certainly do it.

"Why is this pharmaceutical company for sale?" Zhou Qi asked.

"Have you been following the stock market recently?" Yan Yun asked back.

"No, I never trade stocks!" Zhou Qi replied.

"Good habit!" Yan Yun sent a thumbs-up emoji.

Zhou Qi felt awkward. It wasn't that he didn't trade stocks; it was that he didn't have the money to trade...

"Baofeng Pharmaceutical is actually a contract manufacturer for Donghai Tiantai Group. However, the old chairman of Tiantai Pharmaceutical is seriously ill and has been admitted to the ICU. Now, Tiantai's heirs and shareholders are busy dividing the family fortune, and Tiantai's stock has been falling for nearly a month..."

"Uh..." That old man can really hang on, staying in the ICU for a month?

"Tiantai's business is currently very unstable, and Luo Baofeng's family has also encountered some problems, urgently needing a large sum of money to resolve them!" Yan Yun said. "Bingxing Town is not far from Nanhai City. If you're interested, I can take you there to visit today..."

"If he has no money, why doesn't he get a loan?" Zhou Qi asked. "A profitable company like this shouldn't have trouble getting loans..."

"This..." Yan Yun paused for a moment, then called him.

Zhou Qi answered with a bewildered expression and heard a somewhat rough female voice on the other end.

It sounded a bit like Van Strong without his voice modulator.

"Um, this involves customer privacy, so it's inconvenient to type. I'll just tell you here..." Yan Yun said. "Luo Baofeng's son got into trouble and is on the government's radar. He's now a piece of Oli Gei, and no one dares to get involved with them, let alone give them loans."

"What happened?" Zhou Qi was a bit curious. "Did he offend someone? If I take over this factory, will it cause any trouble?"

"If you talk about offending, he offended the people..." Yan Yun said. "Luo Baofeng can't even pay salaries now. If you can take over, not only will no one bother you, but the local government will probably thank you!"

Zhou Qi naturally didn't believe her words entirely. However, he switched to his browser and had already searched for information about Luo Baofeng's son.

Guangle BMW Drunk Driving Case. The driver, Luo, has been detained.

"Is this the Guangle Butcher who ran a red light while drunk, hit and killed four pedestrians, seriously injured seven, and then fled the scene?" Zhou Qi was a bit surprised. He had seen this video and even cursed the driver in the comments section. He never expected to be connected to this driver one day...

This world is truly marvelous.

He read the follow-up news. Eleven people, seven families, with a total claim of nearly 30 million.

Luo Baofeng's earnings over the years were naturally more than 30 million, but his money was either in the stock market, or he had invested it in buying houses and cars, so he couldn't come up with it.

Coincidentally, Tiantai above had problems, and now even orders were cut off.

Is it pathetic?

Not at all. After all, he drove a BMW, and you don't even have an electric scooter. Zhou Qi wouldn't sympathize with such a person.

"How much is this factory?" Zhou Qi asked.

"460 million!" Yan Yun replied.

Zhou Qi was shocked. "Are you kidding me? Their registered capital is only 30 million?"

"..." Yan Yun was speechless. In fact, she had vaguely sensed that this client seemed to be a complete outsider.

But he was a wealthy client, and even if he was an outsider, you know it in your heart but can't say it.

"Registered capital does not equal company market value. What determines a company's value more are factors like land, production lines, patents, and revenue."

"Baofeng Pharmaceutical's sales revenue last year was 260 million, with a net profit of 3.64 million..."

"That's not much either!"

"This is how real industries are. Baofeng is already strong." Yan Yun said, "After you take over, if you manage it well, earning tens of millions a year won't be a problem."

"But you also said that Tiantai is having problems now, and Baofeng can't get any orders. Without orders, they can't make that much money. So, using last year's profit to measure Baofeng's current price is simply a rip-off!" Zhou Qi said. "Moreover, I just looked, and Baofeng's researchers are just slacking off. The factory was built 19 years ago, and they don't even have a single drug with their own patent. The drugs they produce are all old drugs whose patents have expired. These drugs, like the Amoxicillin you mentioned earlier, have transparent costs and low profits..."

"From this perspective, your profit and patent value can even be considered zero!"

Yan Yun was stunned for a moment. This!

This client was indeed an amateur when it came to pharmaceuticals, but he didn't seem easy to fool!

"Regarding new drugs, it's not just Baofeng, it's like this for all pharmaceutical companies nationwide. I don't know if you've seen 'Dying to Survive' from a few years ago. If you have, you should understand the difficulty of developing a new drug. Even companies like Novartis and Pfizer invest billions of dollars annually with no output, let alone a small pharmaceutical company like Baofeng!"

"Forget Baofeng, even a pharmaceutical company ten times its size would be hard-pressed to find one with a patent. A company with a patent is like a goose that lays golden eggs; they would never sell it. Do you think Yunnan Baiyao would sell?"

"Stop with all that nonsense!" Zhou Qi replied. "I'm not a sucker. Let alone whether it can earn ten million a year, even if it could, spending 450 million to buy a factory that earns ten million a year? It would take 40 years to recoup the cost! I might as well buy property; I could break even next year!"

"Ah, this..." Yan Yun was speechless. The way he put it.

It made so much sense that she couldn't find a single word to refute him.

"But a pharmaceutical factory is a real business, and that's just how it is..." Yan Yun said helplessly. "Actually, if you have this much capital, we don't recommend investing in the pharmaceutical industry. Perhaps mobile games or animation would earn more. Or the currently popular Metaverse; our company has channels, you could invest in that too..."

"Isn't the Metaverse a scam for idiots? Do you think I'd believe you!" Zhou Qi chuckled. Besides, I have the real One Piece to play, why would I care about virtual stuff?

"Cough, cough..." Although this was just a game of hot potato, for you to be so blunt...

"But real business..." Zhou Qi actually understood quite a bit. Real businesses indeed didn't make much money.

Just look, opening Zhihu, Phoenix Bicycle's annual profit of 89,500 yuan was still trending!

He had also worked at a few manufacturing plants before, like Jiancheng Machinery where Old Wang worked.

The boss worked hard all year and only made a little over 110,000 yuan, which wasn't even more than Old Wang's salary.

Where did all the money go?

The traders made money. An foreign trade merchant who cooperated with Jiancheng Machinery bought goods from them at almost cost price and then sold them abroad with a 60-70% markup.

The entire company had no workshops or production lines, only sales staff sitting at computers and packers in the warehouse, yet their annual profit was 12 million yuan!

However, this was a negotiation, not a time to sympathize with real businesses.

"Give me a realistic price, don't be so vague. If it's reasonable, I'll buy it!!" Zhou Qi said. "You know the profitable methods, and I know them too. But why don't I choose them? Because I know only real industry can strengthen the nation!"

"But while I have dreams, I don't want to be a sucker..."

"..." Yan Yun sighed. "250 million!"

"Goodbye!"

"Please, let me explain!" Yan Yun quickly said. "You can check the land price in Bingxing Town; it's 685 yuan per square meter. This land alone is worth 25 million. The factory also has a P3 laboratory, which alone is worth 100 million..."

"A small town has a P3 laboratory? Are you kidding me?"

"Even so, it's true!" Yan Yun said. "Look at the map, Bingxing Town isn't some desolate area. It belongs to Nanan City, only 42 kilometers from the city center. When the epidemic first broke out two years ago, Dongguang Province and Nanhe Province jointly promoted the construction of biological laboratories, planning for each city to have a P3 biological laboratory. Nanan City's biological laboratory was located at Baofeng Pharmaceutical..."

"You can buy this too?"

"Yes, after all, it's private property. As long as you continue to undertake the research tasks assigned by the state!" Yan Yun said. "This task isn't too demanding, as Nanan City doesn't have much of a research gene. Oh, and those sixty-odd technicians you saw earlier were basically all working in this laboratory..."

Zhou Qi calculated. These two items alone added up to 130 million. Add the buildings and production lines, 250 million wasn't expensive?

"Let me ask, if we switch to an Amoxicillin production line, how much can we produce per day?" Zhou Qi asked.

"Uh, please wait a moment!" Yan Yun didn't know why Zhou Qi was so fixated on Amoxicillin, so she had to call and ask.

Soon, she received a reply.

"In 24 hours, we can produce 600,000 bottles of capsules and 2.6 million bottles of tablets daily!"

"How many capsules per bottle? How many tablets per bottle?"

"24 capsules per bottle, 36 tablets per bottle!"

Zhou Qi calculated on his fingers. That was tens of thousands of pills daily.

Rounding up, at 100 million.

He gave the price here as 500 Belly per pill. Daily earnings of 50 billion Belly!

50 billion Belly is 5 billion RMB!

"No wonder those countries that discovered new continents were still so rich after fighting wars for so many years. Is this the profit from developing a new world?"

This wasn't picking up money; this was robbing it!

And this was just Amoxicillin. Sildenafil was even more expensive and could earn even more!

"I'll buy it!" Zhou Qi said immediately. "Wait a moment, we'll go sign the contract today!"

"Huh? So fast?" Yan Yun was a bit bewildered. "Aren't you going to tour it first?"

"Oh, of course, we'll tour it!" Zhou Qi said. "By the way, is installment payment okay?"

"That's for sure. Such a large transaction naturally couldn't be paid all at once. I'll report this to the company and arrange for financial personnel to coordinate with them!"

"Okay!" Zhou Qi nodded. "I'll meet you downstairs at your company later, and we'll go together!"

"Okay, okay!"

After hanging up the phone, Yan Yun clenched her fist tightly. "Yes!"

Then she quickly got up, hugged a stack of documents, and hurried to her superior's office, kicking the door open.

"Yan Yun, what are you doing?"

"Minister, I've got a big deal!"

End of Chapter
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