The final negotiated price, Ogilvy Pharmaceutical's transfer price is HK$50 million, and Pumpkin Vine Pharmaceutical Company is responsible for all 20 million debts.

The three brothers of the Wei family have a total of 46 properties, including real estate, shops, etc., and they need to pay a down payment of 20 million yuan according to the current market price. In addition, they need to pay a monthly mortgage of 1.3 million yuan.

From an economic perspective, Chen Xia lost money in this business. After all, the mortgage was calculated based on the high housing prices a few years ago, but now the housing prices have fallen badly.

But Chen Xia paid at least HK$20 million in the acquisition of Ogilvy Pharmaceutical Factory, and took over the Wei family's debt at the cost. This money can actually be worth half of their debt.

The key is that Chen Xia knew that the housing prices in Xiangjiang would rise wildly later until the Asian financial crisis in 1998, which shows that the real estate market will not take long to recover. At that time, the Wei brothers were vomiting blood abroad.

Chen Xia now has received decades of wealth accumulation in Xiangjiang for decades with 70 million cash + 20 million debt + mortgage. How could this business be lost?

Although the Wei family is not a wealthy family, it is also a wealthy family ranked first in Xiangjiang. Now all of them have joined the Chen family.

In other words, the Chen family has been in Xiangjiang from the original well-off family, or a small-asset family. After all, there was a clothing factory with an 8-story building.

In one fell swoop, the middle bourgeoisie

Now it has a clothing factory, a jewelry store, a pharmaceutical company and a pharmaceutical factory, and there are 46 properties + some of the most prosperous shops that have been acquired in recent months.

With such assets, the top and first-class wealthy people are definitely ranked second and third-rate wealthy. Don’t forget that the "Jade Raw Stone King" and "Chicken Blood King" in the south of the colorful clouds are worth more than 300 million Hong Kong dollars.

After negotiating the price, Chen Shuqin calculated the cash reserved by the two companies, Caiyunzhinan and Pumpkin Vine.

Pumpkin Vine currently has 28 million yuan in funds, and Caiyun Zhinan currently has more than 80 million yuan in its account. Together, it can completely pay for the acquisition, and there is no need to borrow money from the bank.

In addition, the monthly mortgage of 1.3 million yuan is nothing in Chen Xia's eyes. This is just the turnover of Caiyun South for one or two days. Perhaps it would be half a month's profit if you switch to another store, but in Caiyun South, the turnover = profit.

The jade and bloodstone business, as Chen Xia had planned before, became the cash cow of his career.

Xiangjiang has high efficiency in its work. After handling all financial and legal procedures, Ogilvy Pharmaceuticals completely belonged to the "Four Seasons Group" under Chen Xia's name.

Today is the official day to accept the pharmaceutical factory. Grandpa, the nominal chairman of Pumpkin Vine Pharmaceutical Company, came in person. He just wanted to see how capable his eldest grandson was, and even bought the pharmaceutical factory.

In the eyes of the older generation, speculation on real estate or stocks is not a good job, and doing business is a real career. Therefore, he strongly supports Chen Xia's acquisition of a pharmaceutical factory, and yells for several days that he can sell his house to make up for it if he doesn't have enough money.

It moved Chen Xia. This is really my dear grandfather, and she has absolutely no reservations.

On the way to Tsuen Wan, Chen De asked:

"Xiaoxia, what are your plans for acquiring the pharmaceutical factory? When you encouraged your eldest uncle to invest in the mainland, are you also planning to move Ogilvy Pharmaceutical to the mainland?"

Chen Xia shook her head: "Grandpa, on the contrary, I am not going to put all the eggs in one basket. The mainland must invest in it, but the pharmaceutical companies in Xiangjiang will not close either.

I plan to put the omeprazole production line in Yuezhou and the antibiotic production line in Xiangjiang. If nothing unexpected happens, Pumpkin Vine Pharmaceutical will use Xiangjiang as its headquarters. After all, this is a free port, and import and export will be more convenient in the future."

Chen De slapped Chen Xia on the shoulder with a palm: "Okay, it's the same as I think. It's true that it's the kind of our Chen family, and even the same idea. It's great if you do this, and grandpa supports you."

Chen Shuqin was unhappy: "Dad, Xiao Xia just talked. The specific things are all done by your little daughter, why don't you praise me?"

"Okay, okay, my Aqin has worked hard, dad is very happy. The Chen family will definitely prosper with you two."

"Grandpa, your goal is not good. What is prosperity? Our goal is to become the top ten richest people in Xiangjiang. At that time, you will be the old master of our Chen family. Even if the Governor of Hong Kong meets you, you will be awarded a Justice of Peace."

"Hahaha, then grandpa, come on, live a few more years, and you young people will do a big business."

Everyone was in a very good mood. The car quickly arrived at Ogilvy Pharmaceutical along Kwai Chung Road. Wei Yunhai was also very happy to do things. Since he decided to sell the pharmaceutical factory, he didn't have any trouble at all, but he cooperated with the Chen family to accept it very well.

After Chen Defa and his group entered the conference room, all the management teams were waiting early.

After the two sides exchanged greetings, Wei Yunhai personally introduced the management.

For him, these professional managers are old employees who have been with him for many years. Although he has patted his butt and left, he always wants to fight for them not to be fired.

The economy is in a downturn and being fired means that the whole family has lost their livelihood. This is not the mainland. The country is in charge of everything and can still receive a subsidy of 20 yuan if it does not start work.

In Xiangjiang, if you are unemployed and cannot pay your mortgage, you will be kicked out of your house by the bank and sealed off your property. No one will tell you about favors.

This kind of thing is everywhere in Hong Kong recently.

Like the sky-high jade business in Caiyun South, rich people are still continuing to live extravagantly, while the poor and the middle class are struggling. The widening gap between the rich and the poor also lays hidden dangers for the outbreak of social conflicts in the future.

"Chairman Chen, this is Ye Shirong, the vice president in charge of production. He graduated from the University of Manchester to major in pharmacy. He is one of my most profitable assistants. He has worked in our company for more than 10 years and has been working steadily."

Ye Shirong bowed slightly to Chen Defa, with a very modest attitude: "Hello Chairman Chen."

Chen Xia stood behind and observed Ye Shirong carefully.

This is a middle-aged man in his 40s. He looks like an intellectual when he wears his eyes. When he talks to his grandfather, his eyes are always clear, without evasion or suspicion, and he doesn't look like a particularly scheming person.

Chen Defa also shook hands with him with a smile: "Hello, Vice President Ye."

Then Wei Yunhai introduced another circle: Ye Xin, Minister of Human Resources, Minister of Finance, Minister of Finance, Wang Jiahao, Minister of Materials, Zhu Wenqi, Minister of Production, Qian Yutang, Minister of Technology, and Liu Jiachang, Minister of Quality Inspection.

When facing the new boss, everyone was polite and greeted each other with the following identities.

"Hello chairman."

"Thank you for your hard work, Chairman."

Chen Defa was not born in a rash manner. He was also a powerful figure in Shanghai back then. When facing this kind of scene, he naturally dealt with it and decided to be the boss's style.
Chapter completed!