My autobiography is definitely not a tragedy!
Chapter 435 - 289: Who is Real and Who is Fake?_2

Chapter 435: Chapter 289: Who is Real and Who is Fake?_2

Advertising on a whim cost millions, and the actual expenditure and effectiveness were just lip service; no one knew the truth, and making money couldn’t have been easier.

This $3 million in marketing expenditures is likely half pocketed by Chairman Bai himself...

"When suppliers came to make trouble before, Bai Yu Pharmaceutical was the most supportive company we had. I thought we could trust them; unexpectedly, they resorted to such tactics," Jiang Wenmin said helplessly.

Kang Wenhua, the sales manager of Bai Yu Pharmaceutical, had consistently stood by Changqing Biological, which had earned Gao Yuan’s favor. This was one of the reasons Gao Yuan had chosen to strengthen cooperation with Bai Yu Pharmaceutical.

However, it was clear that the person behind Bai Yu Pharmaceutical was not Manager Kang...

In the business arena, the roles of friends and enemies switch unexpectedly.

What puzzled everyone was that despite a strong mutual cooperative foundation and Changqing Biological being one of their major clients, their relationship had soured so abruptly.

This, too, was damaging to their reputation, and their manners were noticeably ugly.

Gao Yuan did not get angry; instead, she carefully reviewed the data from Bai Yu Pharmaceutical.

Since she had decided to invest, she had naturally investigated the company thoroughly, and the data she had was ready at hand.

"Chairman Gao, as far as I know, Chairman Bai holds 70% of Bai Yu Pharmaceutical’s shares, with the remaining shareholders being either his relatives or close friends.

He has the absolute controlling interest and decisive power over company management decisions.

If he clearly wants to trap us, we might be quite passive," Jiang Wenmin warned, concerned that Gao Yuan might impulsively confront Chairman Bai directly.

"Passive? Not necessarily," Gao Yuan retorted mildly.

Having chosen to let them invest, how could she not be cautious?

She immediately picked up her phone and dialed Chairman Bai’s number.

"Hello! Who is this?" came a lazy voice from the other side.

Gao Yuan scoffed.

Before, it was Chairman Gao this, Chairman Gao that. Now it’s just "Who is this"? Does he not see the caller ID?

"Chairman Bai, this is Gao Yuan."

"Ah, Chairman Gao, I’m just taking a bath. What’s the matter?" his tone slightly frivolous.

"Nothing much, just wanted to ask how your company, with such limited liquid assets, is planning to spend $3 million on marketing next month? Isn’t that a bit excessive?"

"Oh! That matter..." he chuckled over the phone.

"To open up the market for our products, don’t we need to invest a bit more in advertising, maybe boost our Baidu search rankings?

Some companies even spend up to 50% of their revenue on marketing; it’s all necessary expenses. There’s nothing surprising here.

Chairman Gao, though you’ve invested in Bai Yu Pharmaceutical, you’re not familiar with the company affairs; I know what I’m doing," he reassured.

"Heh, is that so? But what about the agreement in our contract to use $500,000 to upgrade the production line? How do you plan to resolve that, Chairman Bai?"

"Don’t worry, I’ll definitely follow the contract. Buying equipment isn’t that quick, you see, I’m still negotiating with the suppliers.

Rest assured, the $500,000 will be exact, but with the rising prices nowadays, that might not even be enough for one system upgrade!"

This statement was clearly hinting at tampering with the purchase amounts...

Although Gao Yuan’s expression turned slightly cold, she decided to start with diplomacy before moving to threats.

"Chairman Bai, let’s not beat around the bush. Our companies were cooperating well; have I, Gao Yuan, offended you in any way?"

There was silence on the other end before he laughed again.

"How could that be? I have immense respect for Chairman Gao, a hero among women, but you are just too young, not understanding the battlefield of business...

Moreover... I built Bai Yu from scratch, and naturally, I don’t want others meddling in my company.

From your actions, Chairman Gao, you seem quite ambitious; unfortunately, as the saying goes, ’a young calf is not afraid of tigers,’ but perhaps you’re stepping too far..."

Gao Yuan shook her head, resigned.

So this means he’s taking advantage of Gao Yuan, a newcomer in the field, thinking she’s an easy target?

If she let it slide this time, others might follow suit...

"Alright, Chairman Bai, business is business, and principles are principles. Since you don’t want me investing in Bai Yu Pharmaceutical, I choose to pull out. Return the $500,000, and let’s pretend this deal never happened."

"Hahaha! Chairman Gao, you must be joking. Could yesterday’s stock price be the same as today’s?"

If Bai Yu simply didn’t want Gao Yuan to invest and have a say in Bai Yu Pharmaceutical, they could have denied her participation from the start.

Yet he knew well that if he refused Gao Yuan’s investment, this decisive woman was likely to switch their orders to other, more trusted suppliers,

In doing so, he would lose both the bride and the soldiers, gaining nothing in the end.

Thus, his plan from the beginning was to make a final profit before exiting!

Since the laying hen was about to fly away, why not kill it for the eggs?

Having heard that Gao Yuan and the Xu Group were at odds, perhaps he could even board the large vessel of the Xu Group eventually...

"What do you mean?"

"I mean, I’m a bit tight recently, and for your 10% stake, I could only offer $50,000."

Gao Yuan scoffed coldly.

"I purchased a 10% stake for $500,000 and now you want to buy it back for $50,000, dismissing $450,000 just like that? Don’t you think that’s a bit excessive, Chairman Bai?"