Return to the exciting era of 1999

Chapter 1757 Officially Begins to Take Over Yiyuan Medical

The young apprentice wanted to say something, but the old man waved his hand and the young apprentice had no choice but to accept it.

Just like that, three days later, Dai Fengxian's upper body was basically free again. He happily moved around all day, and unless he was too tired to bear it, he would experience the comfortable feeling over and over again. He could also eat minced meat and go to the toilet by himself.

"Boss Ji, thank you so much! Here is the information you need. Please help me hire two bodyguards. The people around me are hard to tell whether they are real or ghosts!"

On the twentieth day, Dai Fengxian finally achieved the expected effect. Ji Donglai escaped and came to the home of Yakou Village in the capital. Facing the articulate Dai Fengxian, Ji Donglai extended his hand.

Dai Fengxian also felt Ji Donglai's warmth again. Ji Dong glanced at Ran Bo, and the other nodded.

"I'll give him to you tonight. Congratulations to Mr. Dai on his recovery. I want to ask you for a small favor."

Everyone in the room went out. Ji Donglai sat opposite Dai Fengxian and handed a folder to Dai Fengxian, who opened the file and read it twice.

"Boss Ji, forgive me for being blunt, but the incident with Yiyuan Medical is well known in the industry, and it will take time to restore its image. The reason I cooperated with Jia Ru in the first place was to make quick money."

"Doing things related to traditional Chinese medicine in China is a thankless task in itself. It is not a good idea to hold a large position. Apart from other things, debt-to-equity swaps, few of these people are easy to deal with!"

"Although I admit that some things are necessary, as a friend, I still suggest that you consider them carefully!"

The fact that Dai Fengxian was able to recover as before this time was definitely thanks to Ji Donglai.

Although Dai Fengxian could not change his nature as a businessman, he still felt a good impression of Ji Donglai.

"Although the journey is long, the destination will be reached; although the task is difficult, it will be accomplished! It won't take too long, just one week. Help me stabilize the stocks, and we will do the rest. We have already arranged the relationship with the higher-ups."

"There are some things we have to do, even if they are for public benefit. At our level, we are always thinking about economic interests, and sometimes we get stuck in it!"

On the last weekend before the New Year, everything was finally settled. Local leaders agreed to help Ji Donglai's Yiyuan Intelligent Manufacturing go public after the New Year, and they found five local companies to endorse it.

As for the funds for the acquisition: zero buyout!
Ji Donglai was very familiar with the background and strength of Yiyuan Medical, so he still had sufficient confidence this time. Hu Xinyu also started selling medical equipment, and as for Ji Liang, it was even simpler. As long as the operation here was appropriate, many formulas of generic drugs could be transferred to China.

As the saying goes, anything is allowed unless prohibited by law. With YD Group’s domestic channels, it can simply handle local turnover and shipment, and earn limited profits while curing diseases and saving lives.

"Okay, Mr. Ji, since you insist."

After looking at Ji Donglai for a full minute, Dai Fengxian had no idea what Ji Donglai's plan was.

In the other party's opinion, Ji Donglai is still too young. After all, as a qualified businessman, he should try not to do anything controversial.

Capital at home and abroad are strangling TCM, even Chinese people are doing the same. If you succeed in something that so many people don't approve of, and someone else gets the advantage in the future, and the country enjoys the benefits, who will remember you who once spared no effort to promote it?

What if you fail? Someone will deny you in all aspects. This is the current environment, and no one can change it. On the other hand, Zhao Shuying has gathered all the original creditors of Yiyuan Medical, that is, the original creditors of Rujia Medical, to the meeting room of Yiyuan Zhizao.

Regarding the debt-to-equity swap, according to the original agreement between Rujia Medical and this group of people, the shares will still be dealt with.

The stocks cannot be sold within three years. If they are sold, Yishi Investment Group will be the priority purchaser, otherwise Yiyuan Intelligent Manufacturing Group will resort to legal weapons.

The difference is that Zhao Shuying was not particularly overbearing, but instead took a very compromising approach.

"Everyone, this is the issue price of our stock. We will give you a discount on your funds according to this price. If anyone is in urgent need of money, I suggest you go to Yiyuan Pay to mortgage your stocks. Yiyuan Zhizao will provide you with a guarantee."

"Once the expiration date comes, your stocks will no longer be able to be dealt with. Yiyuan Zhizao will deal with all the stocks. This is the only benefit Yiyuan Zhizao has for you. If you are still not satisfied, you can only do as you please."

Looking at the group of domestic private fund agents in front of him, Zhao Shuying said calmly.

Without exception, these people were brought into Rujia Medical by Jia Ru through extraordinary means, and many of them came together with the dream of getting rich.

As a result, almost a year later, Jia Ru disappeared and Ru Jia Medical was shelved.

Now we have finally found someone to buy it, but they still give us stocks. As for the interest on the funds? They can ask whoever they want.

All the companies that can set up private funds are shrewd people. Everyone knows that Ji Donglai and his gang are privatizing Yiyuan Medical in disguise, and the listing is just a shell.

However, the other party's actions are legal and compliant because a one-yuan payment is qualified as RMB.

Pledging stocks is almost the same as selling them to Ji Donglai. Who cares what happens in the future? The stock market is up and down now. I was fooled by Yiyuan Medical stock. Who knows what will happen in the future?
So basically all of these people chose to go to the One Yuan Payment in the next room to pledge their shares, but the One Yuan Payment did not pledge for one year, but for half a year.

"Everyone, we have our own rules. Even if the head office is the guarantor, we still have our own procedures. The pledge is for half a year. If it is not redeemed after half a year, we will immediately deal with it ourselves. We will not accept the stocks in your hands after you leave this room. Today is the day, and we will not wait even one more day."

The person in charge of Yiyuan Payment faced the bustling crowd with pride in his eyes.

The truth is, if a company's stock has not been listed and has not been running smoothly for more than half a year, no company will choose to pledge it to you.

The one-yuan payment is considered an internal transaction. Now everyone is eager to use the money, and almost all of them have started to pledge their shares in exchange for cash. According to the process, the funds will be deposited into the account after one month, which is also the time when the company's stock opens after the New Year.

"Boss Zhao, what a calculation! You want everyone to help you, and they are willing to do it. I suspect that the incident with Jia Ru was also planned by you, right?"

After Zhao Shuying finished explaining to everyone, he packed up and prepared to leave. Qin Han walked up to him. Zhao Shuying was stunned for a moment, then a smile immediately appeared on his face.

"Mr. Qin Han, please don't leave later. We need to sit down for a while. I wanted to shake hands with you at the last economic annual meeting, but I didn't get a chance. You are a very busy person. Why did you come in person to such a small event like ours? I'm so sorry that I didn't see you."

(End of this chapter)