Chapter 366: Reject

Translator: Tim Editor: GlobeGlotter

Mirroring Ye Mo’s anxiety, the conference was a tense affair.

Yu Miaodan, possessing a certain mature ladylike temperament, stood and said with a smile, “First, I’d like to thank everyone, on behalf of Luo Yue Corporation, for attending this conference.”

After a round of applause, Yu Miaodan continued, “Due to our CEO’s decision, the four spots have been reduced to three—one each from Asia, Europe/America, and Africa.”

As soon as Yu Miaodan finished, the Asian pharmaceutical representatives began to argue. Their chances of selection had been halved.

After the audience quieted, Yu Miaodan smiled and continued, “Please calm down, everyone. Although we’ve reduced the number of partnerships, we’ve increased the authority of those selected. Each partner, except the African one, can have twenty subcontractors. All subcontractors will share in the profits of Luo Yue products.”

Yu Miaodan’s words ignited another uproar. The atmosphere in the room intensified.

At this moment, a pharmaceutical representative stood and asked, “May I ask CEO Yu what benefits subcontractors receive?”

Yu Miaodan smiled and said, “Partners and subcontractors will receive a free copy of our herb-refining technology and may purchase refinery machines from Luo Yue. I believe everyone understands the value of that…”

Yu Miaodan’s words created another uproar.

Until now, no one had deciphered the beauty pill’s formula or manufacturing process. Although most constituents had been analyzed, no one could replicate it. No one understood the pill’s lack of impurities. This was a significant challenge, the crux of which lay in material refining. Now, Luo Yue was offering that technology for free.

If they obtained it, even without profiting from the beauty pill itself, they could significantly improve their own products.

Yu Miaodan knew their thoughts, of course. Were she not a part of Luo Yue, she wouldn't understand why Luo Yue was giving away this technology—effectively destroying its own business model. But now, her perspective was different. Luo Yue could focus on production, not refining.

“Everyone, please be quiet. First, the refining technology provided will be ingredient-specific. If this technology is leaked, your company will permanently forfeit the opportunity to cooperate with Luo Yue. Secondly, our company will publish a list of rare herbs; finding even one qualifies you as a subcontractor of a Luo Yue partner, with access to double the technology.”

Immediately, someone asked, “What if we find two or more of these herbs?”

“In that case, your company becomes a partner. Find ten or more, and our corporation will build a beauty pill production factory for you, including providing technical assistance,” Yu Miaodan said without hesitation.

The room quieted. Every company had a chance. Those skilled at finding rare herbs were already strategizing how to locate ten herbs needed by Luo Yue. A beauty pill production factory meant enormous profits.

However, the difficulty of finding ten such herbs also became apparent.

“May I ask CEO Yu if we’ll have the opportunity to participate in the sales of the beauty pill and your company's other products?” a foreigner asked in hesitant Chinese.

Yu Miaodan smiled and replied, “Of course, all Luo Yue partners will be able to sell our products. The volume will depend on the amount of ingredients your company refines. Partners will be directly responsible for subcontractors. The more ingredients refined, the higher your sales volume. Simply put, it's a trade.”

“Then, if we sell the beauty pill and Luo Yue also sells it, our price won't be competitive. Won't that mean we can't make sales?” The questioner’s doubt was evident. How could the beauty pill not sell?

Yu Miaodan replied, “There’s no such thing as unsaleable. Theoretically, the profit from selling the beauty pill in exchange for refined materials should be several hundred times over. Even reducing the beauty pill price to 10,000 per bottle would still yield enormous profit.”

Yu Miaodan then looked around and said, “Those wishing to partner with us, please place your portfolios on the table. We will collect them now.”

As her assistant gathered the portfolios, Yu Miaodan’s eyes fell on Fei Yu Corporation. She immediately spotted Ning Qingxue and was shocked. How could she be so beautiful? Even daily consumption of the beauty pill couldn't achieve such beauty.

Yu Miaodan considered herself beautiful, but compared to Ning Qingxue, even twenty years younger, she couldn't compete. No wonder Ye Mo married her. He had excellent taste.

Soon, the portfolios were collected. Yu Miaodan gave them to Zang Jiayan and said, “Now, if you have questions, ask them. If your corporation has any special attributes, state them now. We’ll soon post the list of herbs we need.”

However, Yuan Qibing spoke, “CEO Yu, I’m Yuan Qibing of Yuan Bei Corporation. We admire your company's creation of the beauty pill. Since our corporation’s founding, we’ve strived for breakthroughs in herbal medicine. After years of research, we’ve made progress. Our heart safety serum is renowned worldwide. If we cooperate with Luo Yue, all relevant technology will be our contribution.”

Everyone looked around. Although the heart safety serum was far inferior to the beauty pill, everyone in the pharmaceutical industry knew its profitability for Yuan Bei Corporation. They hadn't expected Yuan Qibing to offer it so readily. This crushed the hopes of many Asian corporations.

Yu Miaodan smiled, “CEO Yuan is bold, but our company has the ability to research any product. While your heart safety serum isn’t bad, we’re not interested. We choose partners based on suitability, not size.”

Yu Miaodan’s words were blunt, a slap in the face for Yuan Qibing. His expression soured. He'd offered goodwill, emphasizing his corporation's size and the mutual benefit of cooperation. Yet, he was summarily rejected.

Though Yuan Qibing looked displeased, other companies rejoiced. They hadn't expected Luo Yue to reject the heart safety serum outright. No other company would dare. CEO Yu’s words suggested every company had a chance; size wasn't everything.

But everyone thought, Luo Yue's beauty pill is in high demand; why would they need the heart safety serum?

Li Mumei saw Yuan Qibing’s face and quietly chuckled to Ning Qingxue, “Qingxue, CEO Yu is truly admirable. If she were a man, I'd marry her instantly. That Yuan is despicable, but seeing him fail, I’m pleased.”

Ning Qingxue also felt satisfaction. She'd long disliked Yuan Qibing, but her company lacked influence; a single word from him could have eliminated them.

“I feel our portfolio is too simple,” Ning Zhongfei said, noticing others’ comprehensive materials compared to their few pages.

“Dad, we weren't aiming to be partners. We'll see who gets chosen and then apply to be subcontractors. I just didn’t expect Asia’s spot to be reduced to one. That’s not good for us,” Ning Qingxue replied.