Chapter 446: Chapter 448 Leukemia
Qin Hao: “Does Mr. Su know that I gave the fabric technology to Mr. Zhao?”
Su Mingzhi shook his head, as Zhao Dongqiang had not mentioned it to anyone because it was a corporate secret.
Originally, Huafei Clothing was on the verge of bankruptcy, but after Qin Hao invested, Huafei Clothing suddenly turned around.
Securing the military uniform contracts for the fall and winter seasons, the newly developed clothes were also a sales sensation.
Moreover, the suppression of Ruixing Group, this series of events spoke volumes.
He had never thought deeply about these matters before, but now, hearing what Qin Hao just said, both Su Mingzhi and Su Meilan had a moment of sudden realization.
...
“Mr. Su, what do you think about this collaboration?” Qin Hao asked with a smile.
Su Mingzhi’s price in his mind was around eight hundred million, but now Qin Hao was offering one billion, including a skincare product development formula, which was extremely generous.
He had absolutely no reason to refuse: “When can Mr. Qin sign the contract?”
Qin Hao: “We can sign it now.”
“Okay.” Su Mingzhi asked Su Meilan to prepare the contract.
Curious, Qin Hao asked, “The Meisheng Hall that was mentioned earlier also deals in makeup and skincare products?”
Curiously, Su Mingzhi asked, “You don’t know about Meisheng Hall?”
Qin Hao: “I’m not very familiar with the cosmetics and skincare industry.”
Su Mingzhi explained, “Meisheng Hall Group is based in Beihai Country, and has been focused on the skincare industry for over a hundred years.
Moreover, Meisheng Hall is also one of the world’s top ten cosmetics and skincare groups, equally famous as Dokou Cosmetics and Yashi Lan Skincare,
with very strong capabilities. Currently, the high-end skincare market in the domestic area is dominated by these big international brands, while the low to mid-end market is chaotic.
Their plan is to leverage their strong brand effect to venture into the low to mid-end skincare market, since not many in Xuan Country can afford high-end skincare products, and the profits in the low-end market are much greater.”
Qin Hao nodded slightly, knowing that although products in the low-end market are cheap, they have a wide audience and there are very many buyers.
Like the current skincare low-end market, it is flourishing with all sorts of brands, which are almost all no-name brands.
The skincare products are not only ineffective but some are even harmful to the skin.
The reason Meisheng Hall wants to acquire Huamei Skincare is actually because of Huamei Company’s reputation in the low to mid-end market.
By acquiring Huamei, and with the strong financial support of Meisheng Hall they could definitely carve out a piece of the market share in the low to mid-end market.
Su Mingzhi continued, “Meisheng Hall is very ambitious, they are investing heavily in acquiring a large number of low to mid-end skincare companies.
Their aim is to seize a large share of the low to mid-end market.”
On the way to the university, Qin Hao took out his phone and called Fan Ruobing.
Once the call connected, Fan Ruobing spoke first, “Are you back?”
Qin Hao, “Yeah, I came back today. Are you at school?”
“I’m at home, the same neighborhood you visited last time,” Fan Ruobing replied.
Qin Hao, “Oh, then I’ll come over and see you.”
After hanging up, Qin Hao told Leng Xuan the destination. He was almost out of money now.
He planned to ask Fan Ruobing if the paintings had been sold yet.
The profits from Jiangshan Roasted Duck were considerable, but all were reinvested into its development.
Xinghui Wine might make a good profit this month, but much would be reinvested, leaving little leftover.
The profits from Huafei Clothing this month were also astounding, but they too needed to be reinvested for the acquisitions of spinning mills and garment factories, among other things.
Not to mention Hua Mei Skincare; perhaps only Yuan Kang Pharmaceutical might give him some money.
But this money was nowhere enough for his expenditures.
Arriving downstairs at Fan Ruobing’s apartment, Qin Hao walked up alone and rang the doorbell; Fan Ruobing quickly opened the door from inside.
Her complexion was pale and somewhat frightening, “Come in.”
Seeing her face, Qin Hao asked in concern, “What’s wrong with you?”
“It’s nothing,” Fan Ruobing said lightly.
Qin Hao frowned, grabbed Fan Ruobing’s right hand to check it, then his expression slightly changed, “Leukemia?
How did you get such a disease? What happened?”
Fan Ruobing was surprised by his medical skills, “I don’t know, I felt unwell a few days ago and just got diagnosed.”
Qin Hao looked at her, and she looked back calmly, her eyes showing no fear of death.
Her reaction was not at all like that of a young person.
Fan Ruobing led Qin Hao into the bedroom, then took out two bank cards.
Fan Ruobing, “One has twenty-two billion, the other has twenty-seven billion. The oil paintings were auctioned abroad in collaboration between my mother and Shenglong Group.”
[Third Update]
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