Chapter 491 Zhou Jitang: At least 1 billion investment (Part 1)
(I missed one chapter yesterday, so I will try to make up for it today.)
…
In the conference room, Zhou Jitang took a deep breath, stood up, looked at everyone and said, "I don't have anything to say. I believe everyone knows about this."
As he spoke, he said in a serious tone: "Let's just tell everyone, will the company approve my project?"
After hearing Zhou Jitang's words, everyone frowned slightly.
"I insist on my attitude. This is not the time to start new projects. This is completely making fun of the company's fate. This is irresponsible to shareholders and irresponsible to investors. Don't forget, we are a listed company.
"
One shareholder said in a stern tone.
Zhou Jitang did not speak, but looked at Zheng Ge and others.
Zheng Ge pondered for a moment and said: "Professor Zhou, don't blame everyone for being unreasonable. Everyone is thinking about the company. Professor Zhou wants to start a new project, which is no problem. However, as a member of the company, Professor Zhou
Members, have you considered the consequences of failure?”
"Consequences? What consequences? When we first developed anti-cancer drugs, Mr. Yao could spend billions of dollars to invest in anti-cancer drug projects without any hope. Now that the company's situation is better, he doesn't have the courage.
Already?"
Zhou Jitang said unhappily.
Originally, he had a good impression of Zheng Ge.
After all, it was Zheng Ge who extended a helping hand during the crisis and allowed anti-cancer drugs to be developed.
But now, they are also singing the opposite tune.
Could it be that as people become rich, they become less courageous?
Wang Jiansheng frowned and said: "Professor Zhou, the situation now is different from before. Professor Zhou, just like Mr. Hu said, we are a listed company. Our decisions must be explained to the public and investors.
Explain. If we make the wrong decision, we will be abandoned by investors. Our company will also be brought back to its original shape. At that time, what else will we use to develop new projects? "
Zhou Jitang frowned and remained silent.
Zheng Ge took a look and said, "Professor Zhou, please sit down first and speak slowly."
Zhou Jitang glanced at him and sat down.
Zheng Ge sighed and said: "Professor Zhou, first of all, we must be clear that we are not refusing to start new projects. Our company is in the pharmaceutical industry, and it is our responsibility to develop new drugs to relieve the pain of patients around the world.
However, we are also a business and must consider everything from a comprehensive perspective."
After saying that, he paused and said: "Professor Zhou, please tell me first, how much investment is expected to be needed for specific drugs for heart disease?"
Yao Aiguo, Lao Wang, shareholder Mr. Hu and others looked at Zheng Ge, wondering what he meant?
Is this a promise?
Zhou Jitang frowned and calculated, and said: "At least about 1 billion."
"At least 1 billion, which means it could be 2 billion or even 3 billion, right?" Zheng Ge said.
Zhou Jitang's silence was regarded as acquiescence.
"But our company's total working capital is less than 500 million. It will take at least half a year before the anti-cancer drug is launched and the funds are withdrawn. If we start a new project, how will we solve the capital issue first?"
Zheng Ge said.
Zhou Jitang wanted to say something, but was interrupted by Zheng Ge, who continued: "Also, regarding the anti-cancer drug project, have you found a successor? Is this successor reliable? Can you gain everyone's trust?"
"As Mr. Hu and Mr. Wang said, we are a listed company. Some major decisions in the company need to be explained to the outside world. The anti-cancer drug project is the project of our company that currently attracts the most attention from the outside world."
"If you, the project leader, leave, how will the outside world react? Do you still have confidence in this project?"
"If investors lose confidence in our company and the stock price drops or even collapses, what else will we use to fund new projects?"
What he said was a bit serious, but the actual situation was not that exaggerated.
After the anti-cancer drug is launched, even if Zhou Jitang leaves the project team, the impact will not be great. In terms of stock price, it is expected to stabilize and there will no longer be a trend of skyrocketing.
Unless, the research and development of anti-cancer drugs can achieve another major breakthrough.
Only then can the stock price explode again.
You must know that the anti-cancer drugs currently successfully developed only target a few types of tumor cells. At best, they can be regarded as successes in the first stage, and there is still a lot of room for subsequent development.
It may even be possible to develop real cancer drugs.
Zhou Jitang frowned.
"Lao Zhou, please think about it. Our opinion is that new projects should be postponed for a while, and we can wait until the company is stronger before making plans." Yao Aiguo said.
"I have already found a successor for the project. He can definitely succeed me and further develop anti-cancer drugs." Zhou Jitang insisted.
"Professor Zhou, it is said that your student is less than 30 years old. Before this, he had no experience in leading a project on his own, and it was such a major project. How can we gain everyone's trust? How can we win the trust of the outside world?
The trust of the majority of patients? And the trust of investors?" said the shareholder, Mr. Hu.
Zhou Jitang remained silent.
Zheng Ge stood up and said, "Professor Zhou, I hope you can think about it."
Zhou Jitang breathed out: "I also hope that everyone can consider my opinion,"
After saying that, he stood up and left.
Obviously, he was still not convinced.
Yao Aiguo frowned and looked at everyone, "Everyone, what should we do?"
"What should I do? I absolutely cannot agree." Mr. Hu said angrily: "Old Zhou, he is really going too far. This is..."
As he spoke, he stopped.
He wanted to say that Zhou Jitang was somewhat arrogant and used his own importance to intimidate everyone.
But think about it, you can't say this.
Because Chenghua Pharmaceutical is still inseparable from Zhou Jitang.
No matter what, you cannot fall out with Zhou Jitang.
…
With Zhou Jitang leaving, the shareholders' meeting ended without any end.
Mr. Hu and others also left one after another.
Zheng Geze, Yao Aiguo and Manager Wang came to the general manager's office.
"Alas! It seems that Lao Zhou is determined!"
Yao Aiguo poured a cup of tea for Zheng Ge and the others and sighed.
Zheng Ge said with a smile: "I don't think so, I see! Professor Zhou must have given in a little bit."
"Haha, I think so. The rhetoric we used today is not ineffective."
Manager Wang laughed and said: "Although Professor Zhou's attitude is still tough, he should also understand that only in Chenghua Pharmaceutical is the most beneficial thing for him. If he leaves Chenghua and goes to other companies, he will never get what we have.
We can provide him with the resources to support him.”
Yao Aiguo nodded, "Indeed, although those pharmaceutical companies have extended various olive branches to Professor Zhou Jitang, but..."
As he spoke, a sneer flashed across his face.
If Zhou Jitang really leaves Chenghua, which company will he go to? After signing the contract, what projects should the company undertake? Can Zhou Jitang make the decision?