My autobiography is definitely not a tragedy!
Chapter 630 - 402 Commercial Espionage_2

Chapter 630: Chapter 402 Commercial Espionage_2

Seeing Gao Yuan’s decisive action, Jiang Wenming gave a wry smile.

"Alright, Chairman Gao, I understand, it’s just that increasing production capacity isn’t something that can be expanded in a day or two.

Even if we wanted to directly acquire an existing production line, there wouldn’t be suitable sellers available right away."

"A seller... actually, there is one available!" Gao Yuan said with a smile.

"Ah? Who?"

"Chang Chun Biological!"

"Er..."

Jiang Wenming and Tang Yun were both momentarily stunned upon hearing this.

They were, of course, familiar with Chang Chun Biological, as it was by stepping over this company’s scandal that their company managed to turn around from a desperate situation.

But... that was a publicly listed company!

Even a starving camel is larger than a horse; you really dare to dream big, Chairman Gao...

"To my knowledge, before the incident, Chang Chun Biological’s original vaccine production capacity was between 50 million and 80 million doses per year.

They had just recently invested 750 million to upgrade and expand their existing production lines, increasing their annual output by 10 million doses.

If we could acquire their production lines, our output could just about meet the requirements."

Although the industry requirements differ, the technology for producing animal vaccines and human vaccines is actually the same.

That means, with minor modifications, Chang Chun Biological’s production line could be directly used to produce the swine vaccines Gao Yuan needs...

But... is this really a question of whether the output can meet the requirements?"

Seeing their expressions, Gao Yuan just smiled.

"Hehe! What? You think it’s impossible? I think you haven’t been paying close attention to Chang Chun Biological recently."

She pulled out a document from the files next to her and pushed it over.

Jiang Wenming took the document, and as he read, his surprise grew.

According to the latest information collected in this document, up to now, Chang Chun Biological had hit the daily limit down for 31 consecutive sessions, setting a new record for the longest consecutive declines in the A-share market.

From an original market value of over 20 billion, it’s now only 3.35 billion!

The tens of thousands of shareholders who bought into this stock have been left with barely their underpants, and the stock forums are filled with wails of misery.

Making matters worse, 18 suspects including the chairman Gao Fangjun have been proposed for arrest, and the drug administration has issued a staggering fine of 9.1 billion yuan!

This amount of money, Chang Chun Biological, already in dire straits, definitely can’t come up with.

A simple analysis leads to the conclusion... Chang Chun Biological is now completely insolvent!

Bankruptcy is just a matter of time...

"This..." Jiang Wenming looked at Gao Yuan in astonishment.

So you had already set your sights on them, huh?

Otherwise, there’s no explaining why such a detailed investigation report would appear on Gao Yuan’s desk.

Wow, not only stepping over the other’s scandal to rise, but now also planning to strip them to the bone, making full use of them...

Are you that ruthless?

Unknowingly, one might think you have a deep grudge against Chang Chun Biological...

"Given Chang Chun Biological’s current situation, selling assets to pay off debts is their only way out.

Now, the entire enterprise has completely halted production, with only a few security and shift personnel still on duty, and all business activities have completely shut down.

Considering asset depreciation and the cost of capital, the longer this process is dragged out, the greater their losses will be.

If someone were to buy their production lines at this time, they would probably see it as a lifeline.

And for us, the only issue to consider is how much it will cost!"

Hmm... although initially being daunted by a publicly listed company, it seemed unrealistic at first glance.

But now after a little analysis, Jiang Wenming and the others gradually gained a sense of the situation.

It looks like... they indeed might have a chance to scoop up a good deal...

As for how much it will cost... isn’t that just a matter of money?"

Jiang Wenming immediately raised another question.

"But Chairman Gao, you’ve almost completely drained the company’s liquid assets, where do we even get the money to buy these production lines?

Although the company’s operation has improved quite a bit lately and we’ve made some profit, the costs of acquiring upstream suppliers’ shares are also significant.

There simply isn’t a possibility to take out more money in the short term."

Jiang Wenming’s tone was rather plaintive.

Gao Yuan’s investments in Baiyeji and the acquisition of Bin City Shipyard were not something Jiang Wenming was privy to the specifics of.

After all, he was just a manager at Changqing Biological.

Unlike Tang Yun, whom Gao Yuan intended to groom as a key aide, thus allowing her access to some "group-level" affairs of Wanwu Holding.

Therefore, Jiang Wenming only knew that Gao Yuan had withdrawn the funds, but did not know what they were used for.

And, in Jiang Wenming’s eyes, the withdrawal of liquid assets naturally signified a decrease in Gao Yuan’s level of attention to the company’s affairs...

However, Gao Yuan was unfazed.

"You needn’t worry about the money, Manager Jiang."

"Ah? What do you mean?" Jiang Wenming was somewhat surprised.

"Has Manager Jiang forgotten? Besides our conventional departments, we have one department that has already started to profit," Gao Yuan remarked with a smile.

"Ah? Which department?" Jiang Wenming hesitated.

"The R&D department!" Gao Yuan said with a smile.

"These days, we have been in talks with many medical groups around the world.

They have shown considerable interest in our ’early prediction technology for Alzheimer’s disease.’

The Victor Research Institute has even offered a price of 10 million US dollars per year, hoping we would grant them the technical license to represent the Northern Country region."