Chapter 537: Plan to Establish a Chain Pharmacy

"Chen Yang, for now don't return to Qingshui City; first resolve the internal issues of Tianqi Pharmaceutical." After Liu Jianghua finished talking about Old Hundreds Agricultural Products Trading Company, he immediately shifted the topic to Tianqi Pharmaceutical.

In his view, having a few more listed companies in Dongjiangsheng is certainly good, but we cannot leave troubled listed companies unattended.

Tianqi Pharmaceutical has already been ST; as chairman, after taking over Chen Yang neither inquires nor asks, only letting a highly controversial woman take charge. This is a bit absurd!

"Governor, I will increase Tianqi Pharmaceutical's R&D funds and strive to achieve a breakthrough within a year." Chen Yang is completely an outsider to the pharmaceutical industry; he doesn't want to cause trouble for He Wanqiu.

"No!" Liu Jianghua is dissatisfied with Chen Yang's attitude; he sternly said: "Although you have stabilized Tianqi Pharmaceutical's stock price, the company's internal problems remain unresolved. He Wanqiu has too much negative news; I'm not optimistic she can take charge."

Chen Yang, feeling a bit embarrassed, said to Liu Jianghua: "Governor, I've done due diligence; those negative news about He Wanqiu are fabricated by others. You can't deny a person just because of some baseless fake news, can you?"

Liu Jianghua snorted coldly and said: "If you want me to be convinced, you need to show results? At least I don't see any signs of improvement in Tianqi Pharmaceutical."

Chen Yang sighed; looking at this situation, if he doesn't add some investment, Liu Jianghua won't easily let him return to Qingshui City.

"Governor, let me first look into it; if the company's funding gap isn't large, I'll add an additional hundred million yuan for daily operations!"

Liu Jianghua still isn't satisfied; he told Chen Yang: "You can't just throw money at it; you need to sincerely participate in internal management and solve all the company's problems. Otherwise, no matter how much money you invest, you'll still lose it."

Chen Yang doesn't believe Tianqi Pharmaceutical will keep declining, but since Liu Jianghua values it so much, he dare not just go through the motions. To truly embarrass the Governor, even if he were the nation's richest person, he'd still have to suffer.

After leaving the Governor's office, Chen Yang sent Shen Anna back to Old Hundreds Building, then drove straight to Tianqi Pharmaceutical.

After arriving at the company, Chen Yang summoned He Wanqiu and Du Yue'e to his office and asked about the recent situation.

He Wanqiu said: "Chairman, during your absence I have already removed all of Su Zhichao's people inside the company. Next, I plan to go to a headhunting firm to hire several senior managers to participate in the company's daily operations."

Chen Yang asked her: "Will the company soon have a breakthrough in R&D or a rebound in sales performance?"

He Wanqiu hesitated, then said softly: "Chairman, after Su Zhichao was arrested, the company's original supply and sales channels were completely cut off. I've tried to salvage some relationships, but they view the company's future prospects poorly and refuse to cooperate further..."

Only then did Chen Yang understand why Liu Jianghua asked him to stay in Xingcheng to resolve Tianqi Pharmaceutical's issues; apparently Liu Jianghua's side also received some bad news.

He then asked Du Yue'e: "Sister-in-law, how is the company's current financial situation?"

Du Yue'e sighed: "The company's total loss last year was fifty million yuan. If we don't quickly open new sales channels, employees' wages might not be paid."

Chen Yang asked He Wanqiu: "Manager He, does our company have any directly operated pharmacies?"

"No!" He Wanqiu shook her head and said: "Our company's produced medicines have always been exported directly to hospitals and regional pharmaceutical agents; we have no direct operations."

Chen Yang thought for a moment, then told He Wanqiu: "Manager He, starting now our company must also establish its own chain of pharmacies. I set you a target: within a year, every prefecture-level or higher region in Dongjiangsheng must have at least four of our chain pharmacies."

He Wanqiu didn't expect Chen Yang's ambition to be so great; feeling a bit embarrassed, she said: "Chairman, opening that many pharmacies in a year requires substantial investment. Moreover, if the chain pharmacies' performance is poor, the company's losses will only increase!"

Chen Yang waved his hand: "Manager He, as long as you carry out the orders well, that's enough. I'll handle the funding issue."

"Okay, I'll go talk to Director Zhou of the Marketing Department later and try to produce a detailed plan within three days." Seeing Chen Yang unconcerned about losses, He Wanqiu instantly felt motivated.

Chen Yang also told her: "Go apply to the relevant departments to see if we can sell our company's medicines on the e-commerce platform. If approved, that would be a very large sales channel."

He Wanqiu often uses online shopping herself, but has never seen medicines sold on e-commerce platforms. Now prompted by Chen Yang, she feels a bit eager. After all, the Old Hundreds E-commerce Platform is also Chen Yang's company; it will surely offer various conveniences.

"Chairman, I'll get on it right away!" He Wanqiu has been troubled by sales issues lately, suffering insomnia for several days. Now enlightened by Chen Yang, she immediately became excited as if injected with chicken blood.

Chen Yang is very satisfied with He Wanqiu's work attitude; from her, he can faintly see the shadow of Shen Anna when she first ran the Old Hundreds Agricultural Products Trading Company.

He can feel that He Wanqiu genuinely wants to prove herself.

After she left, Chen Yang called Zhao Xiaoli and asked her to mark all the premises owned by the real estate brokerage that are not occupied by the Old Hundreds Agricultural Products Chain Store and send them to Tianqi Pharmaceutical Company.

If He Wanqiu deems them suitable, we can use the brokerage's own premises as chain pharmacies, which would also save some costs.

Moreover, Chen Yang had Zhao Xiaoli arrange personnel to seek suitable vacant premises in various prefecture-level cities and counties of Dongjiangsheng, to pave the way early for the expansion of Tianqi Pharmaceutical's chain pharmacies.

After settling the store matters, Chen Yang finally called Su Mingyue, asking her to return to Xingcheng to handle all the procedures for the additional investment from Old Hundreds Financial Investment Company to Tianqi Pharmaceutical.

Chen Yang's plan is to add an investment of three hundred million yuan. One hundred million yuan will be used to invest in the company's chain pharmacies within Dongjiangsheng.

Because expanding the chain pharmacies takes time, it's hard to quickly solve the company's sales problem in the short term.

The remaining two hundred million yuan, Chen Yang intends to use for stock investment.

The company's sales channels have been cut off; Chen Yang not only doesn't understand pharmaceutical sales, but also lacks the patience to persuade those agents whose relations have been severed.

Therefore, the best way to resolve the company's financial difficulties is to invest in securities.

As a veteran stock investor, Chen Yang clearly knows that a listed company's revenue can come not only from its internal operations but also from investments in other industries.

And Chen Yang's strongest profit-making method is investing in securities.