The problem is the argunts are too persuasive; I can’t find a reason to object!
"Heh... hehehe! No wonder you’re the manager I personally selected; you really didn’t disappoint ..." Cheng Biao smirked.
"Thank you for the complint, Mr. Cheng. Compared to you, I still have a lot to learn!"
Thinking he received the boss’s approval, Manager Jin was quite excited.
Little did he know, the boss was already regretting his initial misjudgnt of his "capability" and was ready to find an excuse to get rid of him at the first opportunity...
"Forget it, tell , how much money is left in the company account now?" Cheng Biao sighed.
"Uh... about 64 million, next month it should be close to 100 million."
Upon hearing this amount, Cheng Biao felt even more drained.
Others run a company, and they can easily lose a few million.
How co when it’s my turn, the money just keeps inflating like a balloon, and losing money becos so difficult...
No, it’s not that I find it hard to lose money, but being stuck on this giant ship of Wanwu Holding makes it hard to fall behind!
High-quality investnt targets, big data intelligence, Chief of the Disciplinary Court...
From funding sources to technical and legal matters, they’ve arranged everything clearly for you, all top-tier globally!
These brother companies leave with no way to lose money!
Thinking about his lost fishing rod, Brother Biao suppressed his little excitent about achieving a small goal and secretly warned himself.
Your deford Wealth Palace is staring at you fiercely...
"Money that goes into the left pocket, I have to find a way to get it out of the right pocket, to at least balance and suppress the speed of my wealth accumulation...
But... what investnt can guarantee steady losses without profits..."
He looked over at Manager Jin.
"Money left in the account is only earning interest, serving no other purpose at all!
Manager Jin, didn’t I ask you last ti to think about any recomnded investnt projects for ."
"Well... Wanwu Security and Welfare Bags have been expanding too fast, and we need to slow down to stabilize the foundation, so I don’t recomnd further investnt.
But the Chinese traditional dicine business that Mr. Cheng just took over... that’s a promising investnt field."
Currently, besides Wanwu Security and Welfare Bags, Cheng Biao is also responsible for the newly founded "Liangshan Pharmaceuticals".
Manager Jin continued.
"I’ve also looked into so related materials recently. The state is vigorously promoting Chinese traditional dicine, and the future developnt prospects are quite optimistic.
Plus, with Changqing Biological gaining fa in the dical technology field, if we can just catch this ride..."
"Stop!" Brother Biao imdiately stopped him.
I was just trying to spend so money without it coming back, and you’re thinking about pulling in a competitor to advertise for ? Won’t that cause the sales to soar?
"The upper managent specifically instructed that Liangshan Pharmaceuticals and the original group pharmaceutical company should be completely separated, traditional Chinese dicine for traditional Chinese dicine, Western dicine for Western dicine.
And also, traditional Chinese dicine differs from Western dicine. We shouldn’t always be thinking about making money; we should have the responsibility of a national entrepreneur to contribute to our traditional culture."
Seeing Manager Jin bewildered, Cheng Biao could only sigh at the decline of moral standards.
People these days are so obsessed with money, their ideological level can’t keep up with your boss at all...
"I’m saying, are there projects that just keep plumting, glowing green, and even dogs wouldn’t bother with them, those losing projects."
"Uh..."
Manager Jin hesitated for a while, almost frying his brain CPU, and then hesitantly said.
"In the field of traditional Chinese dicine, there are so that are indeed in decline, like Chinese herbal dicine cultivation bases..."
"Oh! Tell more!" Cheng Biao’s interest was sparked.
Manager Jin quickly organized his words.
"Uh... With the popularization of Western dicine, since 2012, most Chinese herbal dicines have been on a downward trend.
For six consecutive years, the downward trend in the prices of Chinese herbal dicines has intensified, and after 2018, the market conditions have beco even more bleak.
In recent years, the cultivation area of Chinese herbal dicines is still expanding, sales are insufficient, and inventory is piling up, with serious internal competition in the industry.
Many believe that there may not be much appreciation potential in the next two years.
Because there is basically no profit, most Chinese herbal dicine cultivation bases are generally in business difficulties..."
"Alright! This is it!"
Before Manager Jin could finish, Cheng Biao slamd the table and interrupted him.
"Now take this 64 million and go buy, buy, buy at Chinese herbal dicine cultivation bases across the country. Don’t leave a penny, spend it all!
Oh right, you ntioned they are generally in business difficulties, right?
If we encounter ones unwilling to sell, as long as there are bosses of needed cultivation bases, we can offer them long-term loans!"
Manager Jin looked bewildered.
"Uh... Mr. Cheng, you’re acquiring upstream Chinese herbal dicines to ensure Liangshan Pharmaceuticals’ supply chain?"
"Uh-huh! That’s right, that’s right!" Cheng Biao didn’t bother explaining.
You can think whatever you want, as long as the money gets spent and never cos back.
"But..."
"No buts, just do as I say!
Ah Xing, share the souvenirs I brought back with everyone, that’s it, eting adjourned!"
Watching Cheng Biao walk out of the conference room full of confidence, Manager Jin wanted to say sothing but was stopped by a big hand.
"Hehe! Brother Biao is like this, always walking an unusual path. You’ll get used to it, here, this is yours!"
Ah Xing ca over with a chuckle, and then handed him a box.
"Lotus Clearing Fever Capsules"...
Seeing the description on the box, Manager Jin was at a loss for words.
Souvenirs from a business trip...
Are there even cold dicines given?
This style, indeed, is unconventional.
Watching the back of Cheng Biao leaving, he opened his mouth, swallowing a bellyful of words helplessly...
Although initially felt this investnt plan was too risky, but on second thought.
Although the Chinese herbal dicine industry is sluggish now, what industry remains unprofitable forever?
Compared to chasing high investnts, this stage is indeed suitable for bottom fishing at low prices...
As the saying goes, "One man’s trash is another man’s treasure."
Could this be the big shot’s reverse comrcial thinking...
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