Chapter: 2616

He Yuanjiang thought that Charlie Wade should have the Emgrand Group and the 10 billion funds he mentioned. Together, those two things would only total about 100 billion. He felt that competing with the Ye Family or the Su Family would be nearly impossible.

Charlie Wade smiled and replied, “Professor He, I actually have tens of billions more in funds. Plus, I own a pharmaceutical company that’s doing very well and makes over 10 billion in profit each year. Next year, it might even exceed 100 billion, which will definitely support my other projects.”

He Yuanjiang was surprised and asked, “You have a pharmaceutical company that makes over 10 billion a year? What’s its name?”

Charlie Wade answered, “Jiuxuan Pharmaceutical. Have you heard of it?”

He Yuanjiang’s eyes widened in shock. “Is that the company that makes Jiuxuanweisan?!”

Charlie nodded. “That’s right, Jiuxuanweisan is our main product.”

“My God!” He Yuanjiang exclaimed. “Jiuxuanweisan is famous all over the world! I had some gastrointestinal issues, and I took a box of Weisan recently. It worked wonders! Before, I couldn’t eat raw, cold, or spicy food, but now I can enjoy Sichuan, Hunan, Yuzhou hot pot, and even Japanese cuisine without worry.”

He continued, “Many of my friends in the United States have asked me to buy this medicine for them. It’s really well-known! I never expected this company would belong to you.”

Charlie Wade nodded again and said, “I originally partnered with Wei’s Pharmaceuticals and reorganized the company…”

Charlie Wade spoke confidently about his plans for Jiu Xuan Pharmaceutical. “I’ve made some important deals with Wei’s Pharmaceuticals and integrated Kobayashi Pharmaceuticals from Japan. This will greatly increase our production capacity. I believe Jiu Xuan Wei San will soon reach the global market, and we could make hundreds of billions of dollars in profit each year.”

He Yuanjiang listened intently, nodding seriously. “You’re right! A good medicine is the most valuable asset for a pharmaceutical company. The top companies earn massive revenues, often in the hundreds of billions, but their profits aren’t as high because of the huge costs of research and development. Developing a single drug can easily cost billions, even tens of billions. How much did it cost to develop Jiu Xuan Wei San?”

Charlie shook his head. “The research and development costs for Jiu Xuan Wei San are relatively low. This means Jiu Xuan Pharmaceutical will have a higher profit margin compared to other companies.”

He Yuanjiang couldn’t help but admire Charlie’s vision. “That’s impressive! At this rate, you’ll be able to shape your own business empire in just a few years. The future looks bright!”

He paused for a moment, then continued, “Honestly, now is a great time for you to enter the ocean transportation sector. There’s a large market share available, and you have the cash flow to build a strong transportation fleet. If you act quickly, you can expand your business even further.”

However, Charlie sighed. “I appreciate the advice, but I can’t go against my promise to help you. Jinling University of Finance and Economics has high expectations for me, and I want to elevate the economics program to the top level in the country. That’s what I truly want.”

The elders of the hometown want to make lasting contributions and train more talented individuals for the country.

Charlie Wade nodded quickly and replied, “Professor He, I understand what you’re saying. Your current job has a lot of social value and importance. I really get it!”

He Yuanjiang paused for a moment, then suddenly had an idea. He said excitedly, “Charlie Wade! If you don’t mind, I’d like my daughter to help you!”