Chapter 59 Investing in Pharmaceutical Companies
At this time, Shopkeeper Bao gently opened the wooden box, and a ginseng with a thick main root in the shape of a spindle appeared.
This ginseng has a complete structure, numerous roots, a light golden color, and a faint fragrance.
"Please take a look."
“No need to check.”
Yu Xiao said directly: "Name your price!"
"Mr. Yu is indeed a straightforward person. In this case, I won't say any more."
Bao Jinyu said: "At that time, the father of Mr. Zhang, the then Governor-General of Guangdong and Guangxi, was seriously ill. He paid 3 silver dollars to buy a thousand-year-old ginseng to prolong his father's life... and this one in our store is intact and of better quality than the former one, and it is worth at least 3 yuan!"
When you hear the quote.
Yu Ruqian and Lei Changfeng took a deep breath.
A herb sold for 3 yuan? That's enough to buy acres of fertile land in the countryside and become a big landlord!
Yu Xiao felt nothing.
He even felt like laughing.
The spiritual power contained in this thousand-year-old ginseng, if placed in Baiyunfang, is estimated to be worth 150-200 spirit stones. It may not be possible to buy it even if you have spirit stones. It depends on fate when such cultivation resources will appear!
3 yuan!
According to the gold price of Dajing World.
Thirty thousand yuan is nothing more than three hundred taels of gold.
And a spirit stone is worth at least one or two thousand taels of gold.
Of course, according to Dajing's income level, a worker in a provincial capital works very hard and only earns two yuan a month. He cannot afford it even if he does not eat or drink for a thousand years, so the asking price is definitely too high!
There is a high probability that there are no immortal cultivators in this world.
The greatest value of thousand-year-old ginseng is that it replenishes qi and prolongs life.
The reason why it can replenish qi and prolong life is purely because it has abundant spiritual energy. During the natural digestion process, although 99% of it cannot be absorbed, there is always a very small amount that nourishes the body, thereby playing a role in awakening part of the life vitality.
Very wasteful.
But there is no other way.
It is impossible to refine spiritual power without spiritual roots and cultivation.
Even if Yu Xiao, a Qi-refining cultivator, takes this ginseng raw and tries to refine it forcefully, most of its medicinal power will be lost. Only by refining it into a pill can it be absorbed and utilized to the maximum extent.
Although some bigwigs in Dajinghui use thousand-year-old precious ginseng to prolong their lives, in fact the effect and cost-effectiveness are not high, and it may not be suitable for all physiques. It is obviously unreasonable to use the high price paid by the former Governor-General of Guangdong and Guangxi, Mr. Zhang, as a comparison.
Yu Xiao did not bargain but just asked: "I heard that this ginseng is the treasure of your shop?"
Bao Jinyu nodded: "That's right!"
"Since it is the treasure of the store, why are you looking to sell it?"
"This……"
Bao Jinyu hesitated for a few seconds and said frankly: "Baicaotang has expanded too fast recently, so cash is a bit tight. Otherwise, I would not be willing to sell such rare and wonderful medicines!"
"Shopkeeper Bao is quite frank!"
Yu Xiao said: "How about this, let's not give 3 yuan, I'm willing to invest 5 yuan!"
Bao Jinyu was stunned. Although he offered 3 yuan, his bottom line was 2 yuan. The extra 1 yuan was reserved for negotiation and bargaining.
This Young Master Yu is not playing by the rules!
How can you bargain like this?
Yu Xiao continued, "Of these, 2 yuan will be used to buy ginseng, and the other 3 yuan will be used to invest in Baicaotang!"
Bao Jinyu's face changed and he quickly said, "Baicaotang is the Bao family's ancestral property and cannot be sold."
Yu Xiao said: "Don't worry, I only want a small amount of shares, I won't interfere with the daily operations, and I can also bring a huge improvement to Baicaotang's performance."
"This... I would like to hear the details."
Yu Xiao continued:
"First of all, I am not only engaged in the wine business, but also want to make a big move into the martial arts school business. In the future, the monthly consumption of medicinal materials will be at least 100,000 yuan. I can spend this amount of medicinal materials anywhere. If we deepen cooperation with Baicaotang, wouldn't it be a win-win situation?"
"Secondly, I hope to continue purchasing medicinal materials through Baicaotang's channels and influence. For every transaction of an ancient medicine that is over 300 years old, I can get a commission of 10% of the transaction amount."
Upon hearing this, Manager Bao's expression changed slightly.
Buying hundreds of thousands of medicinal materials every month?
If this is true, it must be a huge business!
However, Manager Bao was a little skeptical. What kind of martial arts school could eat so much? It was too exaggerated to consume so many medicinal herbs.
As for helping Mr. Yu find medicine?
It is indeed not difficult with Baicaotang’s ability!
These ancient medicines that are hundreds or even thousands of years old are extremely expensive and involve huge amounts of money. If you can get a 10% commission for every transaction, it will be a very considerable profit.
But the question is, does he really use so many herbs?
At this time, Yu Xiao took out a small bottle of spirit wine and asked Bao Jinyu to taste it.
After Bao Jinyu tasted the wine, most of his worries were immediately dispelled... He felt that Mr. Yu would not only become a famous rice wine king in Guangyue, but would even become the wine king of the country and even the world.
With this wine quality.
Add to that the hype about medicinal herbs like thousand-year-old ginseng.
It will soon be sought after by high society around the world.
At least the purchase of ancient medicinal materials is likely to be reliable.
Yu Xiao: "I would like to draft a contract with Manager Bao. If the amount of herbs I purchase does not reach the predetermined amount, or if I fail to collect all the ancient herbs provided by Baicaotang, you have the right to terminate the contract and request a refund of your investment and shares."
That’s it for now.
Bao Jinyu pondered for a moment.
I felt there was no reason to refuse, so I gladly accepted the proposal.
In this way, the pharmacy can solve its urgent problem and win a big customer in the future!
"Happy cooperation!"
Yu Xiao got the elixir as he wished.
Not only did I get to buy the elixir as I wished.
He also bought 3% of Baicaotang's shares for yuan.
Baicaotang is not only the largest herbal medicine shop in Guangzhou, but also one of the largest suppliers of Chinese herbal medicine in Guangzhou. It has several herbal medicine planting and purchasing bases of its own. The share price is not too expensive.
The reason why Yu Xiao invested generously in Baicaotang.
The main purpose is to plant a seed so that it will be easier to enter the pharmaceutical industry in the future.
There are a few shares now.
Additional financing can be gradually added in the future!
Tang Yang has already contacted more than a dozen top martial artists. Although the negotiations are not going smoothly at the moment, as long as Yu Xiao copies the secret manual in the stone hall and sends it to them, he believes that his plan will be able to be implemented soon!
Yu Xiao will use money and martial arts as dual bargaining chips.
He tried to win over at least a dozen or twenty martial arts masters to work for him.
He will take advantage of the situation to annex several of the largest martial arts schools in the provincial capital, and then establish a huge martial arts alliance to unite the fragmented martial arts world and form a huge force!
Once the "Wumeng Plan" is implemented.
The amount of medicinal materials consumed every month is more than one hundred thousand or two hundred thousand?
Acquiring several small and medium-sized herbal medicine shops and injecting capital into several large herbal medicine dealers is a natural approach. This is called keeping the wealth within the family!
……
That night.
With thousand-year-old ginseng.
Yu Xiao returned to the main world.
【Luck-3! 】
A small piece of ginseng can cause up to 3 points of luck loss.
If I received thirty or fifty thousand-year-old ginsengs, even if my luck went bankrupt, I would not be able to send them to Baiyunfang.
Increase revenue and reduce expenditure!
We must increase revenue and reduce expenditure!
How to open source?
Of course, it is to improve your reputation as soon as possible to obtain more basic growth in luck, and try to promote merit tasks to obtain additional luck supplements.
How to reduce expenditure?
Of course, it is to avoid unnecessary consumption, and the efficiency of using luck should also be improved.
For example, the luck consumed by one hundred taels of gold is similar to that of one hundred taels of gems and diamonds, but the latter is worth a hundred or even a thousand times the former. Giving up the use of gold and instead using these jewels in exchange for cash can allow you to get more profits at a lower cost.
This is to improve the efficiency of using luck!
of course.
Unnecessary consumption must be avoided!
Some elixirs can be used in the main world or in the stone hall, and then enter the Dajing after the body has digested them. This can avoid the consumption of luck, while the medicinal effects can take effect in the Dajing, and vice versa.
These are all stopgap measures
The most important thing is to learn how to make elixirs as quickly as possible.
If you can make your own elixir, why bother carrying the medicinal materials back and forth?
(End of this chapter)
