Reborn as a tycoon in Hong Kong

Kwun Tong District.

As one of the areas on the Kowloon Peninsula, it was once a strategic economic and military location and was originally a salt field.

In the past, salt was one of the most profitable businesses, which shows the status of Kwun Tong.

However, with the development of industry, the profits of salt have been greatly reduced. In addition, the economy of Xiangjiang has been transferred to the four districts of Xiangjiang Island. The development of Kwun Tong has gradually failed to keep up with the development of Xiangjiang.

However, with the opening of the subway in February this year, commercial and industrial development here will gradually increase, and it will become a new economic zone.

Changsheng Pharmaceutical Biotechnology Company.

The headquarters of this company is established in Kwun Tong District. As a research and development company, the company headquarters occupies a large area and cannot be built in the urban area of ​​Xiangjiang Island. The cost of acquiring land there is too high, so it can only be based on the land price. Get land in a slightly cheaper area.

Of course, the people who work at Changsheng Medical and Biological Company are all professors and PhDs, industry leaders. These people were originally poached to Hong Kong from countries with better economies such as Europe and the United States. Changsheng Medical and Biological Company certainly cannot build its company headquarters in In a very remote place, we need to give them the best possible working environment, otherwise the cost of poaching people will only be greater.

Therefore, the headquarters of Changsheng Pharmaceutical Biological Company was not built in a more remote area, but in the Kwun Tong District of Kowloon Peninsula.

There is a subway, so it won't take long to go from Kwun Tong District to the city, and traveling is very convenient.

Lin Baicheng came to Changsheng Pharmaceutical and Biological Company that day and first held a high-level meeting.

Changsheng Pharmaceutical and Biological Company, which has no research results for the time being, focuses on research and development, supplemented by management, so there are not many senior managers. The three most well-known industry leaders who were poached are also senior executives of the company and were invited to participate. This high-level meeting.

Of course, these three industry giants are all people who are keen on research and development and are not interested in the management of the company. They spend most of their time in their respective laboratories. If it were not for the person holding the meeting this time, Lin Baicheng, the big boss, would not attend the meeting at all.

"Mr. Halla, Mr. Bright, and Mr. Clooney, starting from today, I will officially join the company and conduct some research. I hope you can assist me in the research and development of related technologies in the future."

Lin Baicheng said to the three masters that although he was very smart, the research and development of any technology could not be done by one person. Even if possible, it would be best to have someone to assist him, so as to reduce the time spent on research and development.

Therefore, the assistance of the R\u0026D team is very important and necessary.

"Mr. Lin, we will follow the contract. My team will spend one week every month to cooperate with the research and development of your project, but you must also provide us with corresponding R\u0026D financial support as stipulated in the contract, and at the same time, the remaining The time is at our own disposal to carry out research and development of laboratory projects.”

Cage Halla was the first to speak out. Although the corresponding contract was signed, the time for project allocation and the purchase of advanced equipment required the support of the company, that is, the support of the big boss Lin Baicheng, so some words must be said up front. .

Walker Bright and Paul Clooney echoed the comment, both saying the same thing.

Changsheng Medical and Biological Company poached Cage Halla, Walker Bright, and Paul Clooney to Hong Kong. Not only did they pay them and the R\u0026D team they formed high salaries, but they also promised them to establish their own laboratories. R\u0026D projects are decided by them, and there is a minimum amount of R\u0026D funds. There are also requirements for laboratory scale and R\u0026D equipment.

Of course, the R\u0026D projects decided by their laboratory also need to be reviewed by the company, and projects that look unreliable will definitely not be approved.

The company provides financial support for the research and development projects in their respective laboratories. The patented technology developed belongs to the company and their reputation belongs to them. At the same time, after the technology is put into commercial use, their entire team can obtain a certain proportion of profit sharing and enjoy the time of sharing. There are also corresponding regulations.

It can be said that the treatment given to them by Changsheng Pharmaceutical and Biological Company is very high. At least they cannot get such treatment and support in their respective countries, so they were poached to Xiangjiang.

Of course, while they received these benefits, the contract they signed also stipulated that their team must spare one week of working time every month. During this week, they must cooperate with the big boss Lin Baicheng to conduct any biomedical technology research and development. No matter what technology is developed, Cooperation is required, and Lin Baicheng has the final say in research and development.

To put it bluntly, they must devote a week's working time to help Lin Baicheng in his laboratory.

Lin Baicheng is only twenty years old this year. Although Cage Halla and others admit that Lin Baicheng is a genius in business and has made so much money at a young age, they do not think that Lin Baicheng is also a genius in biomedical research. The knowledge in this area is not promising.

However, in order to obtain the support of big investors for their research and development projects and to make a living, they had to agree to the corresponding conditions and spend one week of working time every month doing odd jobs to kill time.

That's right, from the perspective of Cage Halla and others, they went to Lin Baicheng's laboratory just to kill time. They didn't think Lin Baicheng would do any difficult research and development. Their requirements are not high, as long as nothing happens during the experiment.

Laboratory research in most industries is dangerous, and medical and biological research is even more so. Some chemical gases, liquids, etc. are all dangerous, and one mistake can poison people to death.

"You can rest assured that the company will fulfill the provisions of the contract. I believe our future cooperation will be very pleasant."

Lin Baicheng smiled and nodded. He knew that at his age, it would be difficult to convince the experts, but he had real abilities. When his research gradually yielded results, the experts were not blind, and they would definitely be able to see his talent. It's amazing. From now on, instead of convincing them, he can at least make them affirm his ability.

Hearing what Lin Baicheng said, Cage Halla and others felt much more relieved.

"President Root, we will continue to invite more talents to join the company. The more, the better."

Frank Root, the president of Changsheng Medical and Biological Company, is responsible for the daily management of the company and does not participate in technical research and development. He himself has no ability in this area. He is a typical professional manager, and he can become the leader of Changsheng Medical and Biological Company. There is a reason for the CEO.

Frank Root had a good father. His father was a great master in the biological industry. Although his father had passed away, many of the students his father brought out were successful. He also inherited his father’s connections. So I know a lot of industry giants in the United States.

The main reason why Lin Baicheng hired Frank Root with a high salary in the first place was Frank Root's personal network, and Frank Root also knew this and dug a lot of talents for the company through his personal network.

"Chairman, please rest assured that we have been working on this aspect."

Lin Baicheng will be stationed in the company in the future, which will be both an opportunity and a pressure for Frank Root.

When working under the nose of a big boss, you must work hard and not make mistakes. Any mistakes will be magnified and the pressure will naturally increase.

But similarly, it is equally easy to achieve results when doing things under the eyes of the big boss. If you often appear in front of the big boss, you will definitely be remembered by the big boss, and it will be easier to be promoted after you have achieved results.

This meeting was mainly for Lin Baicheng to communicate with the company's senior management. There was no other major matter, so the meeting ended not long after.

The three masters went back to their laboratories respectively, and Lin Baicheng asked Frank Root to take him to his laboratory.

The company's laboratories are equipped with top-of-the-line equipment, including advanced equipment that can be bought internationally. With the help of the Rockefeller family, you don't have to worry about being stuck. Among the several laboratories, Lin Baicheng is of course the one. The big boss's laboratory is the biggest.

When Lin Baicheng came to the laboratory, there was no staff here and it was still vacant, mainly because Lin Baicheng had not settled here yet, and the other three masters also had their own laboratories.

Lin Baicheng walked around the laboratory and personally experienced some equipment, such as high-power microscopes.

"They are all good things!"

Lin Baicheng is very satisfied with these equipment.

"President Root, how much money is left in the company's account now?"

After experiencing the equipment, Lin Baicheng asked Frank Root.

Frank Root replied: "There are currently about 30 million US dollars left in the company's account. Based on the current progress, it can be used until the end of the year."

It is true that the total investment of Changsheng Medical Biotechnology Company is US$500 million, but this does not mean that all US$500 million has been received. Except for Clair Rockefeller’s US$10 million, Lin Baicheng has only transferred US$90 million. The US dollar funds have been transferred to the company's account, but the remaining US$400 million has not yet been transferred.

Changsheng Medical and Biological Company did not spend money that fast in the beginning, so it was not necessary to transfer all the funds to the company account at once. It was too wasteful. Not to mention investing the money, US$400 million was placed in the bank as short-term deposits. , you can also get a lot of interest every month.

Therefore, despite the total investment being US$500 million, the money was paid into the company’s account in batches.

"Don't be afraid of spending money, and increase the pace of inviting talents."

Lin Baicheng nodded: "In a few days, 100 million US dollars will be transferred into the company's account. In the future, in addition to the invitation of talents, the procurement of raw materials will increase. In addition, some patented technologies will be acquired from outside. Therefore, the weight of company management The proportion will increase, and you have to do a good job in management.”

As Lin Baicheng begins technology research and development, he will definitely need to purchase a large amount of raw materials and acquire or obtain underlying technology licenses. The company's expenditures will increase, so the remaining funds will also be slowly transferred into the company.

The initial US$100 million in funds was mainly spent on the construction of the company's headquarters, laboratory construction, equipment procurement, and salary packages for R\u0026D talents. Most of the headquarters construction, laboratory construction, and equipment procurement were one-time expenditures.

However, as the number of talents increases and the R\u0026D team increases, more equipment will definitely need to be purchased.

With more people, the company's monthly salary expenses will naturally increase, and it will also be a big expense.

Furthermore, as various laboratories carry out research and development work, the purchase expenditure on raw materials will increase greatly.

The most important thing is that before R\u0026D results are produced, money is spent every month and every year, with no return on investment.

All pharmaceutical companies have invested continuously in research and development for many years. It is possible in five or ten years. If no results appear, the company will wait for losses and go bankrupt. But once important results appear and have great commercial development value, then The company will skyrocket and it will be able to make money for a long time to come.

Pharmaceutical companies bet on the results they invest in R\u0026D.

"Chairman, if this is the case, we need to recruit people and add several departments."

Frank Root was overjoyed. This was a good thing for him. As the company grew larger and the number of employees increased, his power as president would be greater.

Lin Baicheng nodded: "Please find time to submit a report to me."

"Yes, Chairman."

Written by Frank Root.

After the chat, Lin Baicheng asked Frank Root to go about his business, while he himself waited in the laboratory until Chen Huixiang and others arrived.

Chen Huixiang came to the laboratory with several bodyguards. The bodyguards each held a box in their hands. Inside the box were some information collected by Lin Baicheng, as well as some data compiled in daily life, as well as research-related information. Something I wrote down casually.

In a word, these things are all information related to Lin Baicheng's research and development direction. Now that he is preparing to conduct experiments, he must bring relevant information.

After a while of busy work, Lin Baicheng asked Chen Huixiang and the bodyguards to go out, while he stayed to sort out the information.

Lin Baicheng must first compile a copy of these materials and show them to Cage Haller, Walker Bright, and Paul Clooney, so that they can have a basic understanding of his research and development projects and teach them to their teams. Only in this way can they assist Lin Baicheng in research and development.

If they knew nothing about Lin Baicheng's research and development, how could they help Lin Baicheng.

It wasn't until around three o'clock in the afternoon that Lin Baicheng compiled a relatively detailed information that could be understood.

After handing over the information to Cage Haller, Walker Bright, and Paul Clooney, Lin Baicheng continued to stay in the laboratory. This time he wanted to sort out his ideas and the general direction of research and development.

After having a general R\u0026D direction, as long as it is not stuck in one place for a long time, or the R\u0026D of certain technologies advances by leaps and bounds, the R\u0026D direction will not be changed easily.

At half past five, Lin Baicheng left the company.

For Lin Baicheng, whenever he works at Changsheng Pharmaceutical and Biological Company from now on, he will go to and from get off work normally like ordinary office workers and take the lead.

If there is a sudden big progress in research one day when you are about to get off work, it is not impossible to work overtime. After all, the progress of research and development sometimes depends on a flash of inspiration. If you don't seize this flash of inspiration, you will suddenly stop the research and development work. , wait until the next day, something may happen, causing the research to be hindered.

Therefore, Lin Baicheng is mentally prepared to work overtime in the future.