Chapter 90 Overseas Clinical Trials

Going public is not the end, but because of China's deformed securities market it has become the default end point for a large number of entrepreneurs.

The actual controllers of a large number of listed companies use their companies as a tool to cash out after their companies go public, and then try to transfer their assets abroad after cashing out.

Running a business is not the primary goal; how to make a fortune from shareholders and fund investors and then cash out and run away becomes the primary goal.

After entering April, Guangjia Technology was officially approved for listing on the Science and Technology Innovation Board. Chen Yuanguang stood on the carefully decorated red carpet at the Guangjia Technology listing ceremony and delivered a speech as the chairman.

As he looked at the densely packed guests below the stage, he felt a little panic and worry in his heart. He was worried that he would not be able to run the business well and would not be able to be responsible to the investors who recognized him and Guangjia Technology.

Looking at his father and mother who were separated by Lin Jia's parents in the audience, Chen Yuanguang felt as if he had landed on the ground and no longer had that feeling of floating in the air.

Ever since he obtained the golden finger that could allow him to travel to the future, he had this kind of elated feeling for a long time, feeling that everything seemed to be within his reach.

“Let us welcome Mr. Yuanguang Chen, Chairman and Chief Technology Officer of Guangjia Technology, to give a speech.”

Chen Yuanguang walked onto the stage and looked at the crowded audience.

There were executives and core employees of Guangjia Technology, some special guests, such as Chen Yuanguang and Lin Jia’s parents, officials from the government, representatives from financial institutions, media representatives, and so on.

As the most watched listed company in the four years since the launch of the Science and Technology Innovation Board, Guangjia Technology's listing attracted a large number of media representatives.

With the investment of foreign capital, Guangjia Technology's clinical trials overseas are also being promoted simultaneously. As the world's only human hibernation technology, its clinical trials overseas have caused the same sensation as in China.

The overseas response was even more intense than that at home.

People in China receive materialistic education. Although there are irrational individuals, the group is rational. When faced with new things, the first thing people doubt is safety, especially medical devices like this that directly act on the human brain.

Not all countries are like China. People in many countries are not so rational.

In other words, the top level deliberately misleads the bottom level and guides the formation of their thinking through education, media and institutions.

According to a research report conducted by Philips for a third-party organization, India is the country with the highest sleep satisfaction. However, after Guangjia Technology outsourced the human hibernation clinical trial to a local biopharmaceutical company in India, they linked this to good fortune.

It was spread secretly that in the past, one had to cultivate in this life to pray for the next life, but now, relying on the human body's hibernation, one does not even have to cultivate in this life and can directly enjoy the blessings of the next life in advance, and all worries will be relieved by a good night's sleep.

With this set of outrageous operations, not only do they not have to pay the experimental subjects money, but these experimental subjects even have to pay them money. Chen Yuanguang heard about this outrageous operation from senior executives of Goldman Sachs Asia Pacific.

Chen Yuanguang couldn't help but exclaim that Asan really knows how to play. They settled the bill with Asan's company according to the offer price of US$1000 per experimental subject. With this in and out, they must be making a lot of money.

When the senior executives at Goldman Sachs' American headquarters heard about this, they were also furious. We were just thinking about it, and this matter hasn't been pushed forward in Washington yet, so why are you guys already doing it?
In the southern region of India, there is even a trend of accepting human hibernation. Combined with the spread of self-media, this trend is becoming more and more intense.

Of course, the Indian side did not say which country's technology this was, and the outsourced company did not come out to make a public statement, but public opinion led people to believe that this was the product of a combination of India's traditional culture and modern technology.

This is the case in the country with the best sleep quality. In Japan, which has the worst sleep quality in Philips' three-party research report, a large number of white-collar workers who suffer from huge mental stress want to receive treatment after learning about this new technology.

The essence behind their demands is actually the same as that of the Indians, to escape the troubles of the real world. And the good thing about the Japanese is that they can get paid for accepting human experiments and are not so easily fooled.

You can escape from the troubles of the real world and get a handsome reward at the same time, so why not do it?

Similarly, on Twitter, human hibernation has become a perennial hot topic in the daily Twitter area.

Twitter is the most popular social platform in Japan, and Japanese people spend the most time on Twitter every day. This is because when the Great East Japan Earthquake occurred in 2011, Twitter was the only one that could provide services.

"The feeling of human body hibernation is very good. It is different from normal sleep when I think about various work matters and fall asleep with worries about tomorrow's work. After entering the hibernation state, I feel like I have lost all consciousness.

It was three days later when I woke up again. I really hope I can sleep like this until the end of the world."

“It’s great to be able to avoid the troubles of reality.”

"Compared to being a housewife, participating in the human hibernation experiment not only allows you to avoid returning to your home full of depressing atmosphere, but also allows you to earn a much higher hourly wage than working in a convenience store. This is simply the perfect job for a housewife."

"The only regret of the human hibernation experiment is that it takes at least two weeks to start the next hibernation. It would be great if we could hibernate forever."

A large number of related remarks have flooded Twitter, both in the developed country Neon and the developing country India. Such popular thoughts in these two places have provided more evidence for lobbying agencies in Washington.

Proving that human body hibernation occurs will be a powerful tool to solve America’s stability problem.

Chen Yuanguang knew some of these comments brought about by clinical trials of human hibernation technology around the world, but not others.

From the perspective of time, this is normal, because this is a world lacking hope. Compared with China, the aforementioned India and Neon both lack channels for upward mobility. It is normal for people to hope to escape reality through human hibernation.

This is the tragedy of the times.

Chen Yuanguang stood on the stage and patted the microphone:

"Hello everyone, today is an extraordinary day for me, Light Armor Technology, and everyone here who is more or less related to Light Armor Technology.

Because today Guangjia Technology was officially listed on the Science and Technology Innovation Board, this is a memorable day. Before coming up, Secretary-General Hua told me to relax and just say a few words.

I told him, you look more nervous than I was.

He said, I am nervous too. I am afraid that investors will not buy it. The listing of Guangjia Technology is of great significance to Shenhai. First of all, this is the 80th company of Shenhai listed on the Science and Technology Innovation Board. It also has the highest market value and the company with the highest issue price in the history of the Science and Technology Innovation Board. Of course I am nervous.

I said, don't worry, I'm not worried about that, I have confidence in Light Armor Technology, I'm worried about what to do if we don't talk it through."

The audience was very considerate and began to applaud.

“Fortunately, I have some talent, and I have held many meetings with R&D personnel in the company.

Going public is not the end for Guangjia Technology, but just a starting point. We must make good use of the trust of investors in us. In this round, we will issue a total of 1000 million shares with an issue price of yuan per share, which means that we will raise a total of billion RMB.

We must make good use of this 10 billion and invest it in research and development, production and market expansion. While continuing to promote our current core business of human hibernation technology, we will also promote the company's secondary industry innovative drugs to achieve results."

Except for the joke at the beginning when Chen Yuanguang made a remark, the rest of the talk was very serious about vision and the future, commonly known as painting a pie in the sky.

Not everyone can draw a pie in the sky well. The pie drawn by Musk and ordinary entrepreneurs is completely different.

"Guangjia Technology was listed on the Shanghai Science and Technology Innovation Board today. It is the company with the highest issue price in the three years since the opening of the Science and Technology Innovation Board. In just five minutes, the stock price rose by 30%, triggering the temporary suspension mechanism."

Guangjia Technology's valuation after listing was about 2300 billion yuan, and it rose by % on the day of listing to more than billion yuan. Because it is listed on the Science and Technology Innovation Board and has a high issue price, Guangjia Technology, like Moutai, has become a heavily held stock by funds.

Only a very small percentage of individual investors have the ability to participate.

At the celebratory dinner in the evening, Chen Yuanguang first celebrated with everyone at each table with tea instead of wine, and then asked: "Lin Jia, please help me entertain the guests from now on, I will leave first."

Then there were government officials and financial institutions. These dinners could not be held in the same place. By the time they finished eating one by one and got home, it was already 11 o'clock in the evening.

After returning home, looking at Lin Jia who was waiting for him on the sofa, they smiled at each other and said, "Fortunately, I am a woman, and no one dares to make me drink."

“I never drank, so no one could make me drink.

But we still gained a lot from this trip, and Shenhai reiterated that it would firmly support us. ” Chen Yuanguang said.

Lin Jia asked: "Is it the Light Armor Aerospace project?"

The Guangjia Technology project does not need support from state-owned capital, as there are plenty of people willing to invest money.

Chen Yuanguang said: "Yes, because we insist on cooperating with SpaceX and going to America to launch satellites and probes.

This caused a lot of dissatisfaction at the aviation department, and all kinds of pressure came upon them.

Including when I was having dinner tonight, I heard from them that public opinion quickly arose about your exposure, and it was also related to dissatisfaction at the aviation department.

They think that if we can cooperate with SpaceX, then other private companies with launch needs will also go to SpaceX, which will seriously hinder the development of domestic commercial aerospace.

You know, all countries are mainly concerned with protecting their own companies, not to mention that the aviation sector is dominated by state-owned capital, which is a traditional power and has always been quite powerful. "

Lin Jia was naturally very clear about this: "How about we look for Aviation Industry Corporation of China?"

Sometimes compromise is necessary.

“If you consider cost control, you have to look to SpaceX first.

I have also told Shenhai that contacting SpaceX is only a temporary measure. Guangjia Aerospace will develop its own reusable rockets, and we will use our own technology to launch rockets after our technology matures. "Chen Yuanguang said.

“I estimate that we will test launch this technology in two years at the latest. Even if we fail to test launch it after two years, we will not continue to cooperate with SpaceX.

With this promise, Shenhai will help us to relieve some of the pressure.”

Lin Jia nodded: "You handle these matters yourself, I don't really understand.

I am really tired and excited today. I have never had much feeling for money. Today, as I watched the soaring numbers in the stock market, I thought about the surge in the shares I hold. The feeling of my wealth increasing by billions is really different.

Although market capitalization is a numbers game, this kind of numbers game is indeed addictive. No wonder A-shares are ridiculed as the largest casino, and there are a steady stream of leeks entering to pay the bills. "

Chen Yuanguang: "The current market value of Guangjia Technology of more than 300 billion RMB is considered underestimated. They think Guangjia Technology has huge potential.

Including Goldman Sachs executives hinted to me that human hibernation technology will enter America at a speed I can't imagine. "

Lin Jia asked: "Is it so fast that it is unimaginable or so slow that it is unimaginable?"

Chen Yuanguang: "Of course it's fast."

Then he briefly recounted to Lin Jia what had been discussed at the dinner with the people from the financial institution.

Lin Jia said disdainfully: "These people all have shares in Guangjia Technology, either from the A round of financing or from strategic placement.

They definitely want Guangjia Technology's market value to continue to rise so that they can get a piece of the pie.

In fact, for us, if we want to establish a good social credibility, the stock market is a very good marketing platform, and it would be best if we could achieve a steady growth.

Big ups and downs are not good, but this is not something we can control.

Judging from the clinical trial data alone, the performance in the first quarter was very good. We estimate that we will be able to complete the Phase II clinical trial in September this year, and then enter the market verification stage, which will bring a qualitative leap to our revenue and profits.

They probably have their own sources of information, so they are so optimistic."

Chen Yuanguang said: "It's not just this reason. The executives of Goldman Sachs and Morgan think the most promising point is that they think Guangjia Technology's products will be the only high-tech products that China can export to America.

This is the greatest value of light armor technology.

But I don’t know how they are going to convince the White House to allow the import of human hibernation equipment.”

The living room fell into silence, and Lin Jia was puzzled. Even Internet communication equipment was suspected of affecting American security, and Tik Tok would make Americans doubt the White House.

Isn’t the human body more sensitive during hibernation? If there is a subconscious modification effect, wouldn’t that be the end of it?

Lin Jia couldn't imagine how the White House would agree, unless it really was suffering from Alzheimer's disease.

The problem is that even if he alone has Alzheimer's disease, it won't work. Congress would have to suffer from collective dementia.

"Forget it, don't think about it. They are so sure, the results should come out soon. Just wait and see.

It is indeed a good thing to be able to export to America, as America can raise the price.

The domestic price of a device is 500,000 RMB, while in America we can price it at 500,000 USD.

Fixed price, no bargaining, Americans don’t hesitate.”

Chen Yuanguang: "Yeah, by the way, have you sent my parents back to the hotel?"

Lin Jia was speechless when he mentioned this: "We sent them back. They didn't say a word on the way. It was really awkward when I was sending them back in the car. I could only make small talk with your mom to ease the awkwardness.

After sending your mother upstairs, your father handed me a cigarette downstairs in the hotel and asked me if I wanted to smoke."

(End of this chapter)