Nangong Xiang and the others had no choice but to agree.
Because Xinhe Pharmaceuticals is exhausted.
Although they will lose 39% of their shares, as long as the company can come back to life, their remaining shares will become valuable again.
Otherwise, as of now, it is almost worthless and can only be liquidated and bankrupt.
Ye Cheng showed a smile. Originally, he thought that the people from Xinhe Pharmaceutical would continue to see and see again and again, but he did not expect to win it so quickly.
It seems that they have no hope at all at Xinhe Pharmaceutical.
It's cheap.
A mere 380 million would be enough to win 39% of the shares.
If it were a year after Xinhe Pharmaceutical was revived, with this amount of money, it is estimated that at most three or five shares could be acquired, and people might not be willing to sell them.
I have to say, such an opportunity is really rare.
On the same day, Ye Cheng signed an agreement with Xinhe Pharmaceutical and invested 380 million yuan to obtain 39% of Xinhe Pharmaceutical's equity.
According to the agreement, Ye Cheng will be divided into two payments within one month: 30% in the early stage and 7% in the later stage.
Ye Cheng used Xinghai Guild's income last month, a total of more than 120 million.
As for the second installment, Ye Cheng intends to take out a loan from the bank.
With the profitability of the Xinghai Association, the bank is very willing to lend more money.
Anyway, he will not use the money in the stock market.
Like applying for a loan from a bank, Ye Cheng doesn't need to go back; just let the relevant departments of Chenyuan Media Company apply to the bank directly.
Ye Cheng only needs a remote command.
He hadn't returned to Pengcheng for the time being, and he had to take a good look at the internal situation of Xinhe Pharmaceutical.
He didn't want to cause the butterfly effect because of his intervention, so the innovative drug that can treat diabetes could not be successfully developed, so the fun would be great.
As the first major shareholder with 39% of the shares, although Ye Cheng will not directly participate in the management, he has a high right to know.
Therefore, it is easy for Ye Cheng to check related R&D projects.
After seeing the relevant R&D projects, Ye Cheng found that Xinhe Pharmaceuticals invested too much in innovative drugs. No wonder it could not make ends meet and could only maintain R&D through loans.
The failure of research and development of innovative drugs led to the waste of investment and formed a vicious cycle.
Ye Cheng quickly found an innovative drug project to treat diabetes.
"How is the project going?" Ye Cheng asked curiously.
"It has been ongoing, but there are no funds. I plan to stop this project next week and concentrate all funds on developing an innovative drug code-named KJ1578 because the research and development of this drug will be less difficult and the progress will be better than the current project. If this drug can be researched, it can give our company breathing space and maintain its competitiveness," Nangong Xiang explained.
"This project must not be stopped, and all funds must be invested in it," Ye Cheng shook his head and said.
"Mr. Ye, I'm afraid this won't work," Nangong Xiang replied, a little embarrassed.
Because the development of the innovative drug KJ1578 was a decision made by the entire board of directors, once it is changed, it will trigger a chain reaction. But Ye Cheng, as a funder, cannot be ignored.
"Then both projects are carried out simultaneously, and if there is a lack of funds, I will contribute," Ye Cheng said indifferently.
Although he is sure that the memory of the previous life is not wrong, the innovative drug developed by Xinhe Pharmaceutical is for the treatment of diabetes. But he feels that it is necessary to be more stable.
"Mr. Ye is very determined. If you have said this, then we can rest assured." Nangong Xiang heaved a sigh of relief.
He does not want to affect their cooperation because of this. After all, the current Xinhe Pharmaceutical can't withstand upheavals, and only by uniting can they tide over the difficulties. After all, receiving Ye Cheng's capital injection only temporarily relieves the crisis. The only way to truly solve the crisis is to develop new and competitively innovative drugs.
The next day, February 4th, New Year's Eve, Ye Cheng didn't stay in Wu City because the Spring Festival was coming soon. And the bank loan in Pengcheng has not been approved yet due to the holidays. They have to wait for the new year.
After Ye Cheng returned to Pengcheng, he spent the New Year with his wife and daughter. Because Lin Yuanyuan was heavily pregnant, they decided not to go back to their hometown for Chinese New Year this year but to stay in Pengcheng. Although there were only three people in the family for the Chinese New Year, they were still very happy.
During the Chinese New Year, Ye Cheng received too many calls. After the year ended, Ye Cheng flew to Wu City again. The bank also expedited the loan application for Ye Cheng. Even the banks were willing to lend more money, but Ye Cheng didn't need it at all.
After all, he didn't plan to borrow money to speculate in stocks.
After the loan was received, Ye Cheng paid the balance directly to Xinhe Pharmaceutical.
The funds of 380 million yuan have been received, which can pay off part of the debt and reduce external pressure, and the rest can be used to invest in the full-scale research and development of innovative drugs.
After everything was done, Ye Cheng didn't need to stay in Wu City anymore.
However, he transferred two people from Pengcheng, and one of them was a senior executive. As the shareholder representative of Thaxinhe Pharmaceutical, he would be eligible to join the board of directors of Xinhe Pharmaceutical.
He needs someone in Xinhe Pharmaceutical to keep abreast of the trends and rumors here; otherwise, if something unexpected happens in Xinhe Pharmaceutical, he will not be deaf.
Especially when that innovative drug is at the juncture of research.
He didn't want anything to go wrong.
The investment of 380 million is not a small sum.
This is the biggest investment he has ever made.
Jinxiucheng District's greening is very good.
Even in early spring, the trees are still shady.
At dusk.
Many children and adults are walking in the community.
Ye Cheng also walked around the community with his wife and daughter.
I have a big belly, and I still need to keep up a certain amount of activity every day.
When you stay in the house all the time, the air is not well circulated, so taking a walk in the community is good for the health of the fetus in the womb.
From time to time, someone greeted Lin Yuanyuan.
Lin Yuanyuan has a big belly and often walks around the community. She is already familiar with many people.
The three walked to the square outside the community. It was very lively; the music was playing, and a group of middle-aged and elderly people were swaying and dancing square dance.
It has become a must-show every evening.
"City brother."
A female voice passed from the side.
It's Li Yuru.
Followed by a child.
"Where's Xiaofeng?"
Ye Cheng asked.
"He didn't come out; he was writing some paper," Li Yuru shook her head and said.
"Isn't there another one that didn't follow?"
Ye Cheng laughed.
"Xiaoxi is dancing the square dance with her grandparents."
Li Yuru pointed to the other side.
Ye Cheng looked over, and sure enough, he saw the eldest aunt and the eldest uncle dancing, and there was a little girl beside them.
She danced really well.
"Mom and Dad, I want to dance too."
Qinqin said quickly.
"Okay, you come over, but you must be careful not to get hit by someone."
Ye Cheng said.
Anyway, children are just beginning to develop their interests.
Qinqin immediately ran over excitedly and jumped up with Xiaoxi.
Xiaoxi had danced with her grandparents many times, so she danced decently.
The first time Qinqin danced, she couldn't keep up with the rhythm at all.
After a while, Ye Cheng looked at Qin Qin, who was still stubbornly dancing there but couldn't keep up, so he walked over and said, "Qin Qin, let's go back; Mom is a little tired from standing."
"No, I'm going to keep jumping; even small streams can jump, and I'm going to learn too."
Qinqin's competitive spirit emerged.
"Qinqin, why don't you let your father go back and teach you? If no one teaches you, it will be difficult for you to learn. After you learn it, you can dance here again, okay?"
Ye Cheng said.
Qinqin's eyes lit up.
"Of course, that's true."
Ye Cheng laughed.
However, he believed that Qinqin was just enthusiastic for a short while.
After the three returned home, Qinqin asked Ye Cheng to teach her how to dance square.
Naturally, Ye Cheng wouldn't break his promise, so he searched for square dancing on the LCD TV and quickly found the set of movement instructions for dancing.
In this way, one big and one small were in the center of the living room, facing the guided tutorial on the screen, and they began to practice one by one.