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Chapter 62 Tied to the chariot of JiCui Pharmacy

Luo Zhaoxue, the beautiful president, was born in a family of traditional Chinese medicine. Her grandfather is an old miracle doctor in Yunjiang Province. Her parents were professors in the Medical Research Institute in Beijing. She can be said to have been favored and grown up all the way. According to her grandfather Luo Weicheng's idea, she wanted to inherit her legacy and become a famous doctor. However, her own idea was to transform the family's medical knowledge into commercial resources, so that Jicuitang is no longer a traditional Chinese medicine clinic, but an internationally renowned pharmaceutical tycoon.

With this idea, Luo Zhaoxue applied for business administration at University of Science and Technology, and then went abroad to get a master's degree in business administration. After returning to China, she founded Jicui Pharmaceuticals according to her own design, recruited a group of technicians to organize and analyze the secret recipes she passed down, design production processes, and prepare to enter the Chinese patent medicine market.

As a famous doctor, Luo Weicheng has quite some family property. He only has such a granddaughter, so of course he has devoted all his support to Luo Zhaoxue's career. With the investment at home and Luo Weicheng's connections, Luo Zhaoxue's company has been doing well in the early stage, and she herself is quite proud of her talent.

Little did she know that compared with a real entrepreneur, Luo Zhaoxue's weight is far from being apart. She has never experienced real intrigues in the market. When she encounters any trouble, she often has noble people to help her successfully. Everyone around her praised her for her knowledge of Chinese and Western culture and her advanced ideas. In fact, her business war ability is even inferior to the female boss of the medicinal food shop in front of her.

Xu Yingying was born into a civilian family and knew the difficulty of making money since she was a child. Although opening a medicinal meal shop this time was her first business practice, she worked diligently and did not dare to relax at all. In more than a month, she had learned much more experience in the shopping mall than Luo Zhaoxue.

Specifically speaking about Jiulisan, Luo Zhaoxue thought she could threaten Li Yu and quoted a price of 500,000 yuan. The rest was "I love to sell, don't sell." But she never thought about how Li Yu would choose if a competitor offered a higher price to Li Yu?

When Li Yu never appeared, Luo Zhaoxue didn't have to worry about competition. The inheritance of Jicuitang is the core competitiveness of Jicui Pharmaceutical, which other companies cannot take away. The appearance of Li Yu not only did not bring benefits to Luo Zhaoxue, but instead brought a huge threat. Li Yu mastered more secret recipes than Jicuitang, which means that the technologies that were originally exclusively monopolized by Jicuitang now have a replacement, and they are a replacement who is stronger than Jicuitang.

In this case, what Luo Zhaoxue has to consider is not whether to buy the prescription in Li Yu's hand, but how to prevent Li Yu from selling the prescription to other competitors. This is a task that is a hundred times more difficult than simply buying a prescription.

Li Yu had never thought so much before, and Xu Yingying directly broke the window paper. Then he suddenly realized that the negotiation status between him and Luo Zhaoxue was completely unequal. It was not that he asked Luo Zhaoxue to buy the prescription, but that Luo Zhaoxue asked him not to disclose the prescription. If he revealed the knowledge in the pharmacist's sutra regardless of the care, Jicui Pharmaceutical and Jicui Hall would probably have suffered a catastrophe.

Will you do this yourself?

The answer is of course no.

Li Yu is not a person who forgets his righteousness when he sees profit. Not to mention that Luo Gensheng was kind to Han Zhi back then, just like that, Mr. Luo Weicheng is also very caring for him, and he has to miss this relationship.

Of course, if you have a trump card in your hand, Li Yu will try his best to use it. If you want to survive in this world, he must have a few more thoughts.

"Sister-in-law, don't scare Miss Luo." Li Yu smiled and retorted to Xu Yingying, then turned to Luo Zhaoxue and said, "Miss Luo, don't worry. Senior Luo treats me like his junior. I will definitely not let him down. I do need some time to recall the prescription. However, Miss Luo said that he would offer 500,000 yuan in exchange for this prescription, and the price was probably a bit low. I don't care about the money, but I feel that taking action at this price would be disrespectful to the master."

Bullshit!

Luo Zhaoxue cursed in her heart, saying that if the price is low, it is obvious that it is also mentioned that it is disrespectful to the master. If you really respect your bullshit master, you will not think about selling prescriptions at all. My Jicui Hall has gone through 400 years and has never experienced any ups and downs, but I have never heard of any generation of ancestors selling secret recipes from ancestrals. This is what it means to truly respect for ancestors.

Although she thought so in her heart, Luo Zhaoxue certainly could not show it. On the contrary, she had to try hard to convince Li Yu to give up the prescription, but she couldn't get the price of this prescription now.

"Mr. Li, according to your opinion, how much should this prescription be worth?" Luo Zhaoxue turned offensive to defend and gave the right to bid to Li Yu.

"This..." Li Yu didn't have such experience. He originally wanted to use a few prescriptions to obtain friendship with Luo Weicheng so that he could enter Luo Weicheng's circle and gain some useful connections for himself. Now Luo Zhaoxue has turned this matter into a complete commercial transaction. How could he estimate the value of a prescription?

"I have an idea, I don't know if it's right." Xu Yingying spoke. She knew that her cheap junior brother was not a business material. If he let him bid, he might sell the pearls and jade for a bargain.

Luo Zhaoxue glanced at Xu Yingying without saying a word. However, Li Yu nodded repeatedly and urged: "Sister-in-law, please speak."

Xu Yingying smiled and said to Luo Zhaoxue, "Miss Luo, what you said just now has given me some inspiration. You said that Jicui Pharmaceutical has the core formula of Jiuli San, so other companies cannot compete with you no matter what. I think the value of a prescription is not about how much it can be sold at one time, but about its ability to make continuous profits. Do you think so?"

Luo Zhaoxue nodded, affirming Xu Yingying's words.

Xu Yingying continued, saying, "So, if Li Yu sells the prescription to you, no matter how much the price it sells, it will be just a number on the book. This profitability will be lost. How much money this prescription can make in the future has nothing to do with Li Yu. Isn't this a bit unreasonable?"

"Then Miss Xu means..."

"I mean, Li Yu used the prescription to invest in exchange for your equity in Jicui Pharmaceutical. If this drug can make a profit in the future, he will get dividends from the profit. If this drug has no market at all, he will admit it and don't have any penny."

"This is impossible!" Luo Zhaoxue was anxious and said to the beginning.

"Ms. Xu, your proposal is too outrageous. Our Jicui Pharmaceutical is the industry of Sister Luo's family. How can outsiders participate? No matter how important Mr. Li's Jiuli Powder prescription is, it is just a medicine. Our Jicui Pharmaceutical is not tied to this medicine." Sun Shu said next to him.

Li Yu was inspired, and he asked with a smile: "What if I don't have only one Jiuli San prescription in my hand?"

"You mean, besides Jiuli San, do you have other prescriptions?" Luo Zhaoxue looked at Li Yu and asked seriously.

Li Yu nodded and said, "At least there are no less than 100 prescriptions. I can guarantee that these are all the secrets of the Pharmacist Sect."

"100..." Luo Zhaoxue took a breath of air conditioning. Of course, she knew the relationship between Jicuitang and the Medicine Master Sect. Most of the secret recipes inherited by Jicuitang came from the Medicine Master Sect, and the ancestors also passed down the saying that there were hundreds of prescriptions actually owned by the Medicine Master Sect, and these obtained by Jicuitang were only one or two.

If Li Yu knew no less than 100 prescriptions in pharmacists as he said, then the value would not be an exaggeration. If all these prescriptions can be converted into drugs and then produced and sold by Jicui Pharmaceutical, then the scale of Jicui Pharmaceutical would be 10 times larger as she originally expected. For such a goal, what's the harm in giving up part of the shares to Li Yu?

As an MBA, Luo Zhaoxue does not refuse the system design of management and technical holdings. The reason why Jicui Pharmaceutical has no shares outside the family is just because she has not met a manager or technical staff who is worthy of allocating shares. Isn’t it normal for Li Yu, as a person with core technology, to hold shares in the company?

She then thought that if Li Yu owned shares in Jicui Pharmaceutical, the risk of drug prescription outflow would be greatly reduced. Li Yu did not need to harm the interests of his company. He tied Li Yu to the chariot of Jicui Pharmaceutical through equity. All his knowledge could be used by the company. After all, this business was profitable by the company.

Thinking of this, Luo Zhaoxue smiled on her face and said to Li Yu: "Mr. Li, if you really have 100 secret recipes from the Pharmacist Sect as you said, then I can make the decision now, take out 30% of Jicui Pharmaceutical's equity and exchange these prescriptions with you. What do you think?"

"Do you need to calculate the specific ratio carefully?" Xu Yingying was causing trouble again. When she opened her mouth, Luo Zhaoxue had the urge to fight with her.

"Li Yu said he has 100 secret recipes, but he didn't say that all these secret recipes can be taken out casually? I don't know how many secret recipes Jicui Pharmaceutical has. If I understand correctly, these top-secret prescriptions are the most important assets of a pharmaceutical company. As for buildings, production equipment, etc., it is not worth much. Miss Luo, are you right about what I said?"
Chapter completed!
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