Chapter 122 Independent Holding
"You're making sense. Laser trademark factory can operate for another two years, and the three of us split the profits, but I estimate it won't be that exciting, so we must seize the moment to plan the next investment project. The beverage market for herbal tea is indeed huge, and once it gets going, we surely won't have to worry about food and clothing for the rest of our lives. The key is how to market it. But you're right, at the beginning, we shouldn't be too aggressive, we should slowly get accustomed to it as we go along, considering it's just a small factory with a small investment. You tell me how much you want me and Qianjin to put in, but not too much, okay? I'm not the same as you, a young tycoon—I'm still in debt to the bank," Cheng Yazhou said, nodding his head.
"The herbal tea beverage factory is actually estimated to be worth around three hundred thousand, and the asking price of four hundred and seventy thousand is mainly because of my personal reasons—it shouldn't be counted against you two. So, we'll calculate the investment for the factory and equipment at three hundred thousand, and have an additional two hundred thousand in reserve for purchasing raw materials and other variable expenses such as salaries, totaling an investment of five hundred thousand. The formula is my exclusive recipe, and I've named it Qinghe Herbal Tea. It could be converted into capital shares, or I could hold the Qinghe trademark independently from the beverage factory," Ge Dongxu explained.
"Although it's for personal reasons, given our relationship, you don't need to be so precise. We should still count the fixed assets of the factory at four hundred and seventy thousand. As for the formula, it's difficult to asses its value. If we price it too low, it's a big loss for you; if it's too high, I don't mind, but Qianjin might have objections. Let's choose to have you hold the 'Qinghe' trademark and formula independently. For the next five years, we won't pay any fee. After five years, we'll pay an annual fee for the use of the trademark and formula," Cheng Yazhou proposed after pondering.
"Don't bother arguing with me about the investment amount for the fixed assets of the factory, as I'm not short of that bit of money. Regarding the trademark and formula, I also prefer to hold them independently, as right now, not even the basics are set, and if we were to convert the formula into capital shares, it would increase the costs for the beverage factory. So here's the deal: three hundred thousand for fixed assets, plus two hundred thousand for working capital, making a total of five hundred thousand. I'll contribute three hundred thousand, and you two will pitch in two hundred thousand. If you find this inappropriate, we can adjust, or you can discuss it with Uncle Wu and adjust later," Ge Dongxu said.
"Alright, I'll discuss it with Qianjin and then confirm the final investment amount with you. I know you're not short of money; the main reason you're bringing us in is because you trust us," Cheng Yazhou agreed with a nod.
"Hehe, yes. I'm still a student, so apart from offering the formula and helping with production, most of it is indeed dependent on you two," Ge Dongxu chuckled and nodded.
"No problem, we'll be drawing a salary anyway," Cheng Yazhou laughed.
Hearing this, Ge Dongxu chuckled and then remembered about visiting the factory at noon the next day, saying to Cheng Yazhou, "Tomorrow at eleven forty, I have an appointment with Deputy Branch Manager Yuan Li at the school gates to visit the factory together. You and Uncle Qianjin should also come along."
"Sure, one thing is personal relationships, another is business; we still need to see the site in person before investing," Cheng Yazhou nodded in agreement.
Having arranged these matters with Cheng Yazhou, Ge Dongxu returned to his room.
Back in his room, Ge Dongxu thought about the imminent investment in the herbal tea beverage factory and was quite looking forward to it. He planned to go to the Provincial Capital this weekend, partly to buy the Jade Token, and also to arrange a meeting with Tang Yiyuan.
Although herbal tea isn't a medicine, it is originally derived from medicinal soups, so when herbal tea is mentioned, people can easily associate it with the tradition of Chinese medicine. Tang Yiyuan is a veteran practitioner of traditional Chinese medicine, not just famous in Jiangnan Province, but also well-known in the wider Chinese medicine community of Huaxia Country. Having him represent us would be akin to having an authoritative spokesperson, which would surely be greatly beneficial for establishing the brand. Moreover, transitioning from hand-cooked tea to industrialized production also requires some feasibility experiments. Ge Dongxu lacks expertise in this area and would need professional assistance; undoubtedly, Tang Yiyuan is the best candidate for this.
Of course, this would still depend on whether Tang Yiyuan is willing, so a meeting to discuss is necessary.
As for Liu Jiayao, she was already almost completely healed. Even if Ge Dongxu didn't continue to provide acupuncture treatments, there wouldn't be any issues—she'd just need some Chinese medicine for regulation. However, Liu Jiayao found the taste of Chinese medicine bitter, and insisted that Ge Dongxu give her another acupuncture treatment the next time he was in the Provincial Capital.
So, in addition to those two matters, Ge Dongxu would also need to provide one last acupuncture session for that beautiful CEO sister on his upcoming trip to the Provincial Capital.
After mulling it over for a while, Ge Dongxu started to read and then practiced calligraphy and making talismans until midnight, when he finally began to meditate.
The next day at noon, Ge Dongxu, without even eating, hurried to the school's entrance.
There, a black Santana called by Yuan Li was parked at the entrance, and Yuan Li was dressed in professional attire, with a white blouse paired with a black pencil skirt that revealed a fair stretch of her silky legs in stockings.
Cheng Yazhou and Wu Qianjin were already waiting at the entrance, and they were talking to Yuan Li. Cheng Yazhou knew Yuan Li and was also relatively older, so he appeared normal. Wu Qianjin, a man in his thirties, facing such an office beauty who was also the Deputy Branch Manager of Changxi County's Industrial and Commercial Bank, was clearly somewhat restrained, nervously smoking and glancing towards the school to hide his inner tension.
When Wu Qianjin saw Ge Dongxu, he hurriedly waved him over, calling out, "Dongxu, over here."
Ge Dongxu smiled and nodded, quickly walking toward them. Getting closer, he said directly, "Class starts at 1:50 PM, so we don't have much time. Let's get in the car and talk."
"You must not have eaten, right? I brought you some buns on the way. Make do and fill your stomach with these," Yuan Li said, revealing a complicated look of gratitude and pity as she handed over a bag.
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"President Yuan really thinks of everything. We two guys didn't consider this at all," Cheng Yazhou said with a laugh, smacking his forehead.
"Thanks, Sister Li," Ge Dongxu said after acknowledging Yuan Li as his elder sister, not standing on ceremony, casually thanking her before taking the bag and starting to eat the buns.
Seeing Ge Dongxu, so young and yet so casually calling the Deputy Branch Manager of the County Industrial and Commercial Bank 'sister', and acting so naturally, Wu Qianjin couldn't help revealing a look of envy and admiration.
He wanted to as well! But whenever he saw Yuan Li, his heart would feel a bit flustered.
The four of them got in the car without much ado. Yuan Li sat in the front passenger seat, with the three men in the back.
As Ge Dongxu ate his buns, Yuan Li took out a thermos from her handbag, turned around, handed it to him, and said with care, "Eat slowly, don't choke."
Her gentle voice made Wu Qianjin, a thirty-year-old man, feel all warm and fuzzy!
PS: Many readers have been urging for more updates recently. Let me explain that for now I can only ensure a slightly longer update on Mondays. Other days will have three chapters each day. I strive to have a backlog ready, to then give you all a surprise. I really can't rush it more than this, I am sorry!