“Moreover, the three distributors who previously supplied us with raw materials now all refuse to supply us.”
“Without raw materials, we can’t produce new drugs, and although we still have some stock, we can only sell it at a reduced price and at a loss. If this continues, the company’s cash flow will break, and once the cash flow breaks, that would be…”
At this point, Li Lang stopped and sighed heavily.
Li Qianfan nodded and said, “So, our company is currently facing three problems. The first is the joint suppression by Qian’s Pharmaceutical Group and other pharmaceutical companies, who wage a commercial battle by lowering drug prices.”
“The second is the refusal of suppliers to supply, leading to insufficient raw material reserves.”
“The third is a shortage of funds.”
Hearing Li Qianfan’s words, Li Lang immediately nodded.
Li Qianfan thought for a moment and said, “I have a question, Qian’s Pharmaceutical Group and the other pharmaceutical companies, by lowering drug prices and waging a commercial battle, make it hard for our company to sustain. Don’t they suffer losses too?”
“That’s because they don’t lower the prices of all drugs.”
Li Lang paused, then continued, “Our company currently has twenty-four types of drugs. Qian’s Pharmaceutical Group and those other companies also produce and sell these twenty-four types of drugs. So, each of these companies only needs to lower the prices on a few of these drugs. For instance, Qian’s Pharmaceutical Group lowers the price on the first five types.”
“Another pharmaceutical company might lower the price on the sixth to the eighth type, the third company lowers it on the ninth to the twelfth type…”
“Thus, each company suffers only a minor loss. But for us, it results in a situation where we are forced to lower prices on all drugs, which is really a severe loss.”
Li Lang’s words were simple and easy to understand, even someone who had never done business like Li Qianfan could understand.
He nodded and said, “I see, that’s how it is. Breaking through this isn’t hard. As long as we develop a drug that is significantly effective and that other companies can’t produce or sell, Qian’s Pharmaceutical Group and the other companies would not be able to suppress us by lowering prices.”
Li Lang gave a wry smile: “Director Li, developing a new drug isn’t that easy, let alone a significantly effective special drug.”
“If you can’t do it, I can.”
Li Qianfan cheerfully said, magically pulling a prescription from the Storage Ring.
“This is a kind of beauty liquid that can remove spots and whiten skin; let’s just call it Beauty Liquid. Have your company’s pharmacists formulate this according to the prescription and see how it turns out.”
Li Lang quickly took the prescription from Li Qianfan’s hands and examined it seriously.
“Director Li, this prescription…”
Li Qianfan waved his hand and said, “Don’t worry about how I got this prescription, just do as I said.”
“Yes, Director Li!” Li Lang nodded heavily.
Li Qianfan smiled in satisfaction, then continued, “Now, let’s talk about the second and third issues… If suppliers are refusing to supply, then we just find new suppliers. To my knowledge, the largest traditional Chinese medicine company in Da’an City is the Murong Family’s Murong Chinese Medicine Group, we can cooperate with the Murong Family and procure raw materials from the Murong Chinese Medicine Group.”
Li Lang said helplessly, “Director Li, do you think I haven’t contacted the Murong Family? I even went out of my way with gifts to visit the Murong Family’s head, Murong Shan. But they completely disregarded me, let alone discuss any cooperation.”
“Just because you can’t do it, doesn’t mean I cannot,” Li Qianfan said.
After hesitating for a long while, Li Lang finally said, “Director Li, are you sure you’re not boasting?”
“Call Murong Shan now,” Li Qianfan said.
“Director Li, this…”
“No more arguments, just do as I say,” Li Qianfan stressed.
Li Lang had no choice but to pull out his cellphone and call Murong Shan.
However, the other party hung up directly.
Li Lang then gritted his teeth and dialed again.
This time, Murong Shan finally picked up Li Lang’s call, but as soon as the call was connected, Murong Shan said bluntly from the other end, “Li Lang, are you ever going to give it a rest? I’ve already made it clear last time, I have no interest in dealing with you…”
Li Qianfan grabbed the phone from Li Lang’s hand, turned on the speaker, and then cheerfully said, “Uncle Murong, it’s me, Li Qianfan.”
Murong Shan asked in surprise, “Qianfan, why is it you? This number clearly is…”
“I had Li Lang call you. Fifty-five percent of Galaxy Pharmaceutical Company’s shares have been transferred to my name, so I am now the boss of Galaxy Pharmaceutical Company,” Li Qianfan explained.
“So that’s what it is, but it’s really too sudden,” Murong Shan said.
Li Qianfan smiled slightly then continued, “Uncle Murong, Galaxy Pharmaceutical Company is in a difficult situation right now, I need your help.”
“Whatever the difficulty, I’ll definitely support you,” Murong Shan immediately responded.
“Then I’ll ask your Murong Chinese Medicine Group to supply Galaxy Pharmaceutical Company with raw materials. Initially, we might need to buy on credit, but rest assured, I will definitely clear the payment in full,” Li Qianfan asserted confidently.
Murong Shan laughed and said, “With our relationship, talking about money really hurts the feelings.”
“After all, it’s business,” Li Qianfan said.
So Murong Shan said, “Okay, let’s do as you say, and I can also give your company a 10% discount on the price of the raw materials.”
“Thank you very much, Uncle Murong,” Li Qianfan said.
“You’re being too formal, Qianfan!”
Murong Shan laughed heartily, while Li Lang and Wang Yali were stunned at the moment.
Both of them were looking at Li Qianfan with incredulous eyes, their mouths wide open, enough to fit a salted duck egg!
Li Qianfan hung up the phone and then said, “The second issue is resolved now, you don’t have to worry about suppliers anymore.”
Only then did Li Lang finally come back to his senses and, amazed, looked at Li Qianfan and asked, “Director Li, what exactly is your relationship with the Murong family head?”
“Is that important?” Li Qianfan responded.
“Isn’t it important?” Li Lang asked curiously.
“Don’t pry into things you shouldn’t know. As long as I’ve resolved the issue, that’s all that matters.”
Li Qianfan picked up his teacup and took a sip of tea before continuing, “The final issue is the financial problem. We can look for bank loans.”
“Banks in Da’an City all have intricate relations with the Qian Family, and Qian Youyu definitely has already tipped them off, so those banks flatly refuse to extend loans to our company,” Li Lang said with a wry smile.
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