Chapter 383
Before the fifteenth day of the first lunar month, Franky arrived at Xizhaizi Township, Xi County, Nanhu City, Hedong Province.
Along the way, he first flew from London to Hong Kong, then transferred to Beijing, then took the plane from Beijing to Pingjiang, then took the train from Pingjiang to Nanhu, and finally took the bus to Xixian County, and then got bumper and arrived in Xizhaizi Township.
Even though he had been to China several times, it took Frank a full four days to see Yang Rui. Under his fat bags, he felt deeply tired.
"Mr. Yang Rui, we're meeting again." Franky sat in the Yang family's yard with his stomach in his arms, looking at the dead branches of the blue bricks and the big red lantern that had just been hung, and smiled: "Your home is very beautiful, very Chinese."
Yang Rui smiled and said, "In China today, you can't even see something that is not Chinese-style."
"It has changed a lot more than the first time I came to China."
Yang Rui laughed out loud, pointed at Franky, and said, "It should be said that you have learned a lot than the first time you came to China. Nowadays, Chinese people always like to say change. In fact, how many impressive changes can happen in more than a year, but it is just the entertainment of politicians and politicians."
Frank smiled awkwardly and immediately felt Yang Rui's sharpness revealing.
This is completely different from Yang Rui that Frankie met before.
In fact, it is different. Yang Rui, who owns Huarui Laboratory, currently publishes papers better than ordinary teachers at Peking University. To a certain extent, Yang Rui now has the right to speak in the Chinese academic community.
Not only does he have the right to speak, he has received a year's bonus and still has money in his hands, which makes Yang Rui very confident.
Frankie felt Yang Rui's sharpness, so he followed his words and talked about his experiences about change, and said with a smile: "I have come to China many times. In your words, it is considered a Chinese connection in front of me. However, every time I come to China, whenever I deal with Chinese bureaucrats or journalists, there is an eternal issue, which is the display of results."
Frankie smiled and said, "When I first saw it, I thought it was really interesting. In the past few years, China has built many modern factories and buildings. I remember that when I visited Tianjin for the first time, I saw four factories, which were very beautiful..."
"But after watching too much, I feel so angry that I feel like vomiting?" Yang Rui interrupted.
French laughed: "It's not that, but it's really a waste of time."
"It is understandable that for a foreigner, it is really meaningless to build a building for a few days, or whether there is a new building at the intersection."
"No, no, no, I am still very concerned about China's construction."
"I don't care about foreign countries, such as Myanmar. If I go to Myanmar, the first thing I care about is security, the second thing I can make money, and the second thing Is the living environment comfortable? As for whether Myanmar is developing rapidly and whether the people of Myanmar are happy or not, it has nothing to do with the businessmen who come to Myanmar, right?"
Frankie was unwilling to admit: "I still hope that China can develop. Cooperation is a long-term job. Only when the cooperation opponents develop can we have better development. This is my point of view."
Yang Rui chuckled and said, "The empire has been prosperous for a hundred years. Gibraltar is still a large station with small buildings. Apart from transportation and service industries, the British Empire doesn't even care about the people, let alone the living conditions of the people in the far east."
Frankie was speechless when he said this.
After the greetings, Yang Rui asked him about the specific ideas of the development commissioned by Jielikang.
Franky woke up with a shiver, but his momentum was gone. The first sentence was that he was not confident enough and said: "We plan to invest a lot of money to acquire a biological product company, and at the same time invest it in your laboratory to jointly develop the next generation of Coenzyme Q10 production process."
"Next generation production process? Which one do you want to develop?"
This involves the merger and acquisition company. Franky was hesitant and immediately said: "There are currently several biologic products companies that study microbial culture and chemical synthesis, and we are conducting analysis and evaluation. Once successful, we hope you can work with our new team to develop a new production process for Coenzyme q10."
"That is to say, if you acquire a biological product company with microbial culture method, I will cooperate with you to develop a new production process for the microbial culture method. On the contrary, if you acquire a biological product company with chemical synthesis method, I will cooperate with you to develop a biological product company with chemical synthesis method?"
"It's roughly the meaning. Our team will conduct a complete evaluation of which production process is more promising." Franky took a breath and said, "Our team is very experienced and will not easily waste the company's money."
Acquisition is the favorite scientific research method of Jielikon, so they have first-class scientific search institutions, first-class technical evaluation teams, and first-class negotiation experts.
Investing in China is an investment of Jielikon, which is good at capital mergers and acquisitions.
However, no one can guarantee such a acquisition. At least Yang Rui knew that within 30 years, the future of chemical synthesis was limited.
In fact, since the late 1960s, various papers on chemical synthesis have appeared, but their synthesis routes are either too high or too many impurities, so they cannot be used in industrial production at all.
Of course, if there is huge investment, we will start to re-research on chemical synthesis now, which will have a chance to break through history.
Yang Rui pondered for a moment, said without saying anything, "I still have work in the domestic laboratory and can't leave for the time being."
"Remote cooperation is okay." Although network technology is not yet mature, remote cooperation has been carried out long ago, especially in European countries, where the proportion of cooperative experiments is very high.
Yang Rui nodded: "If I were to participate, how would the rights be distributed?"
This is at the core.
Franky calmed down and asked first: "Are you willing to invest?"
“How much investment is made, what if it is not invested?”
"If you contribute, you can own a corresponding proportion of shares in the acquired company. In addition, we can appropriately increase the proportion of shares in the projects you are involved in the research."
This is to do business in partnership. If the company acquired by Jielikang has a promising future, or the company acquired has achieved remarkable results in the next project research, Yang Rui will naturally make a small profit, but if there is no future, he will inevitably lose money.
Yang Rui received US$4 million in dividends, which was easy to use for personal consumption or support the current laboratory, but it was really a drop in the ocean for international acquisitions.
The 1980s was the stage of rapid development of bioproducts companies. Most companies had very high valuations, with small companies worth 20 million or even 50 million US dollars abounding. An American bio-company with 20 researchers making some achievements often asked for more than 100 million yuan.
Coenzyme q10 is considered a partial industry among biological products. In Japan, Coenzyme q10 is included in medicine, but the United States and the United Kingdom are still dietary supplements, which are what the Chinese call health medicines. The technical price of such companies is relatively low, but it costs at least several million US dollars. Including the company's other value, Yang Rui took out 2 million US dollars, and at most he got 20 to 30% of the shares.
Of course, with Jielikan's nature, it is very likely to find a merger and acquisition company, spend hundreds of millions of yuan to buy a company, and then break up what you want and sell what you don't want.
This kind of game makes it a headache for people to watch accounting accounts alone.
Yang Rui shook his head and said, "Just say it for the part that does not invest."
"Jelicon can get $500,000 in sponsorship, but you have to ensure smooth communication with the new company, and the results belong to Jielicon." Franky proposed a new plan, which is a contract that professors in American universities can often get. For most researchers, what they need is reputation and results. The economic benefits brought by the results themselves are, and everyone does not care.
Researchers who want to make money either join a large company directly, or after gaining reputation and fame, they join a large company or even start a business directly.
It is a very lucky thing for researchers in any country to have a company willing to sponsor research. After all, only when the research is successful can it be achieved. If it is not successful, the money will be wasted. Many times, research is often between success and failure. Researchers can still write papers based on experiments and gain reputation. Unsuccessful experiments also cost money and are also valuable. And investors naturally lose all their money.
Yang Rui received such a pure sponsorship contract because he had two successful cooperation with Jielikang and showed outstanding research skills in Huarui Laboratory.
If you are in a university in the United States or the United Kingdom, such a contract can also attract several envious eyes.
For pure researchers, being sponsored by large companies is the most perfect. After all, even a Nobel Prize winner cannot guarantee that his next project will be successful.
To be more precise, most Nobel Prize winners are good at scamming funds. The perfect project they say is the most profitable. Sometimes, they even make a copy of the basic research they want to do, and then use it for sponsorship. Even if they make something, the sponsorship company cannot cash out.
If you cannot be sure of success, Yang Rui is willing to accept pure sponsorship. Anyway, the money is given to him. The equipment bought with the money is not necessary to return it. If it is a fund with less strict review, such as China's Natural Science Foundation before 2010, it is okay to use money to buy a car to drive. It is even more stringent fund management, and it is reasonable to rent a Mercedes-Benz and BMW for a long time.
However, Yang Rui’s real advantage lies in his determination to be successful. Although the papers in his mind cannot be used for factory production, as long as he has research ideas and cooperates with some papers such as process flow, it is not difficult to repeat each production link, at least it is much smaller than acquiring a company and then researching it again.
If Jielikan chose chemical synthesis method, the difficulty would vary greatly.
So, just as Yang Rui was thinking for a long time that Frankie thought he was going to agree, Yang Rui said, "I am still willing to be a... contractor."
This is a somewhat American word. Frankie immediately understood it, thought for a while, and said, "Don't you want to work with other teams?"
"I have my own team, and I'm very good." Yang Rui smiled confidently.
"We can accept that the two teams are doing this project at the same time. Do you want to get share sharing?" It is very common for two or even four teams to do the same project at the same time, because no matter how smart the manager is, it is difficult to determine which route is correct. Just like the research and development of Coenzyme Q10 can include chemical synthesis and microbial culture methods, and there are multiple routes in chemical synthesis and microbial culture methods. Researchers will choose the route that they have the most opportunity and are best at to promote research and development, but no one can say which one can ultimately achieve the goal.
Therefore, multiple teams work together to do a project, just like investing in multiple companies at the same time, which is very expensive, but increases the success rate. As long as one route is successful, all costs can be recovered.
On the other hand, multiple teams are not simply spending more money. They always develop some things. As long as they apply for a patent, even if these things cannot be cashed out immediately, they may still receive money one day. For example, Viagra was originally used as a cardiac medicine, but the effect was average, but it was used to fight ED, which turned out to become a "blockbuster" with annual sales of over 1 billion yuan.
Yang Rui nodded and said, "You paid 400,000 US dollars, and we each account for half of the results you have achieved."
Unlike the sponsorship of 500,000 US dollars, Yang Rui's separate research and development will first save the cost of the cooperation team, or in other words, it will be equivalent to an additional R&D team. Normally, Yang Rui's energy and brain power will be increased.
On the other hand, the $500,000 sponsorship is just an early investment. If it is done halfway, the prospects are bright but the results are not achieved, Jielikan should increase its investment, but it still needs to increase its investment. Otherwise, the research team has the right to find other investors to continue doing this research with what they already have.
Many research teams use this method to capture investors' money, and legends that use $500,000 to catch $50 million are common.
By using the contractor method, Jilikang does not need to consider the later investment except for US$400,000. If the prospects are bright but the results are not achieved, Yang Rui has to invest money by himself or sell his shares to find other investors to invest. Of course, if Jilikang is willing to continue investing, Yang Rui has to make all or part of his shares, which is equivalent to an installment sponsorship contract that Jilikang has the right to choose.
Of course, the amount of funds that only gets half of the shares cannot satisfy Frankie, and the two of them bargained back and forth.
The English sound in the yard quickly attracted curious neighbors. Because Comrade Yang Feng was the party secretary of the township party committee, everyone finally did not block at the doorstep, and just stood in the corner and listened to the movement inside. People who didn't know thought they were queuing up to give gifts to the Yang family.
Rui'er didn't know what Yang Rui and the others were talking about, so she felt that he was very proud of her. As soon as the basket was raised, she went out to wander around.
……
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Chapter completed!