Chapter 75: Beware and Cooperation

Chen Yuanguang was surprised that China would allow Guangjia Technology to accept overseas capital investment.

As for wanting to go a step further and allow SpaceX to enter China's commercial aerospace market and become a catfish that stirs up the market, it is undoubtedly too difficult.

Because this will greatly affect the interests of the aerospace industry, the gap between SpaceX and domestic commercial airlines is even greater than the gap between Tesla and domestic new energy vehicles. Tesla also went through a long process of argumentation when it entered China.

It may be possible for SpaceX to enter China in the future, but it is definitely not possible now. It will take a longer time and more complete demonstration.

"Okay, SpaceX cannot enter China, but you can cooperate with them in America, there will be no restrictions." Old Wu helped Chen Yuanguang find a solution.

"Great minds think alike. I think so too."

“Guangjia Technology will start its A round of financing soon, and this round of financing should be the last round before listing.

This round of financing will not restrict foreign investment. Everyone will compete fairly. Money is not the most important thing. Resources in the field of overseas medical supervision are the most important.”

Guangjia Technology is preparing to start its A round of financing. The Chinese government will lift restrictions on foreign investment and will further lift restrictions on the export of human hibernation technology in the future.

During the previous clinical trials of human hibernation technology, some stocks in the domestic pharmaceutical sector plummeted, with Hengrui Medicine and China Resources Double Crane falling the most.

Because the secondary market believes that human hibernation technology will seriously affect the original analgesic market, and in this market, Yangtze River Pharmaceutical, which has the highest market share, is not listed, and Hengrui Medicine ranks second.

As for China Resources Double Crane, it was a completely unprovoked disaster. They did not even make it into the top five, simply because their new drug was highly hyped when it was launched on the market. The main effect of that new drug is analgesia.

China Resources Double Crane's expectations were undermined by human hibernation technology, causing its share price to plummet.

Previously, human hibernation technology only caused huge shocks in China's capital market.

China does not allow technology exports, and the market value of foreign pharmaceutical companies was not affected. Now the situation has changed, and the news has just spread from Yanjing to Lujiazui. The U.S. stock market responded quickly when it opened that evening.

Pfizer's decline was relatively small because they have too many business lines and were limited in the impact. Bristol-Myers Squibb's stock price plummeted by 20%. One of their core profit sources is painkillers.

Wall Street has obtained the experimental data from several tertiary hospitals in China that are responsible for the clinical trials of human hibernation technology. They also believe that the technology will seriously affect the market for analgesics.

The stock price changes in the secondary market can only be regarded as ripples, while the primary market is really lively.

No one wants to give up this investment opportunity. You know, for a certain period of time, Guangjia Technology has been engaged in monopoly business all over the world.

Even a three-year-old child knows that monopoly business is the most profitable, let alone financial institutions.

"Are so many companies coming?" Like last time, Lin Jia hosted the event and invited some external investment institutions.

After hearing this, these investment institutions agreed faster than rabbits. Before Lin Jia finished speaking, the "OK" message came from the other end of the phone.

In addition, interested investment institutions can send emails to Guangjia Technology’s dedicated investor relations email address.

Lin Jia saw more than 300 emails in the mail. When he looked at the email addresses, he found that they were all from well-known investment institutions or investment departments of giants.

“Lily, I think we have to change the venue this time. There are too many people coming, and the conference hall of the hotel you visited before is not big enough.

This time we have to prepare a conference hall for at least 1,000 people. I roughly counted the number of organizations that are interested in coming and there are more than 300 of them. Each of them will come with at least two people, so there are 600 people here in total.”

Li Li, whose English name is Lily, is Lin Jia's assistant. She is responsible for some general affairs when she is not around. "Okay, Mr. Lin, if we want to accommodate a thousand people, can we expand the range of choices? If we only choose hotels, then our choices will be very narrow.

Only five-star hotels like InterContinental Hotel, Bund W, Marriott Hotel Baohua, and Sheraton Jiading have venues that can accommodate thousands of people, so we may need to consider conference centers. "Li Li has done her homework and can recite some data off the top of her head.

Lin Jia was not paying attention to this. She was thinking about taking Chen Yuanguang back during the Mid-Autumn Festival. If her father made unreasonable demands, how would she help Chen Yuanguang to fend them off?

While Lin Jia was preparing for the meeting, Chen Yuanguang met with Musk for the second time. This time the obstacles in the middle were removed and the two sides could talk more in-depth.

“Wright, I think we can start working more closely together next.

Whether it is human hibernation technology or asteroid mining.

I feel like you and I are a perfect match. We both have our eyes on space, hoping to start an era of interstellar navigation for mankind.

So I am very happy to have the opportunity to work together this time."

Chen Yuanguang thought, perhaps the final result of the cooperation might not be what you want.

Judging from Musk's style as rumored online, he has been using SpaceX rockets for launch. Once Musk finds that he can do it, there is a high probability that he will get rid of him and go it alone to seize the fruits of victory.

In particular, Chen Yuanguang did not dare to go to America, so the actual operation was entirely dependent on others.

Therefore, Chen Yuanguang only planned to do preliminary research with Musk, and after coming up with a feasibility plan and a specific implementation path, everyone would go their separate ways.

I just need you to help me launch the satellite. I will analyze the data myself, and the specific analysis results will not be shared with Musk. This is a pure transaction, not cooperation.

Seeing Musk’s enthusiasm, Chen Yuanguang guessed that the other party had misunderstood what he meant.

“I also feel very honored to work with the richest man in the world.

It’s just because Guangjia Technology’s products will be sold globally, so it’s unlikely that you will be the only partner, and we will introduce more partners.

I can personally promise you at least 5 percent of the shares.”

Musk made an emotional speech, saying how difficult it was for him to mediate with the Chinese side in order to invest in Guangjia Technology.

Chen Yuanguang did not waver at all, “Elon, at most 5%, that’s enough.

The remaining financial giants such as Goldman Sachs, JP Morgan, Sequoia, etc. are fighting for the remaining 15%."

Musk nodded helplessly, "Okay, Wright, I respect your decision.

What do you think about the cooperation on asteroid mining? Do you need my investment? "

Chen Yuanguang shook his head: "Because SpaceX cannot enter the Chinese market, I want to directly buy the number of launches to put the satellite into orbit.

I plan to launch two satellites and conduct ten to fifteen orbital explorations. I will write down what I want to do, and SpaceX will execute it and return the data to me.

This is our early cooperation model. After we have achieved certain results, we can have more in-depth cooperation. "

(End of this chapter)