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Although Chu Yunxuan was extrely dissatisfied with Alex, considering this cooperation and mindful of her friend Helen's reputation, she suppressed her displeasure.
Alex and his associates received this preliminary cooperation letter of intent and read it very seriously, looking extrely cautious, even frequently huddling together to point and discuss...
This behavior was rather standard, making it seem quite reliable, which slightly eased Chu Yunxuan's mind and sowhat reduced her dissatisfaction. However, she didn't notice that Helen's expression was growing increasingly unpleasant.
As Alex's sister, though their relationship was very poor, it didn't prevent them from understanding each other's characters… So, when Helen saw Alex's performance, she had a very bad feeling.
If Alex's biggest flaw was being a womanizer, then being narrow-minded and petty would be the second.
"Mr. Qin, I've seen your cooperation intention, and I think so of the terms are too harsh and need modification…"
Just as Helen had anticipated, when this preliminary letter of intent was presented, Alex, the spoiled heir, definitely had to find fault with it.
Upon hearing Alex's words, Helen's expression changed slightly, but she was also sowhat helpless, only able to signal Qin Fang with a rather helpless look.
"Oh? Then I would like to see which terms need modification… and how they should be modified?"
Qin Fang wasn't bothered, giving Helen a knowing look, then asked with a smile.
That's how business is; although both parties had initially worked out a contract that both deed reasonable, until a formal agreent is signed, either party has the right to propose modifications...
Of course, this modification also needs the other party's consent; unilateral changes are certainly unreliable...
After all, doing business involves negotiating over prices, so Alex's behavior was sothing Qin Fang had anticipated.
This letter of intent, though initially drafted by Qin Fang and Helen, had so leeway reserved in advance to allow Alex and his team to negotiate... Helen agreed with this, remarking that even if this part couldn't be secured, the Reed Group would still gain considerable benefits!
"Firstly, there's a big problem with the profit sharing. Your side is only contributing technology but wants 70% of the shares, while our Reed Group is providing funds and equipnt and handling sales, yet only gets 30% of the shares, which is frankly too much…"
Alex imdiately started to lash out, first criticizing the profit-sharing arrangent.
The 70-30 split might seem a bit exaggerated, but it wasn't as outrageous as Alex claid, especially since Qin Fang had the Heart Nourishing Pill, which was the starting point of this cooperation. Without this formula, the cooperation simply wouldn't exist.
Moreover, the acquisition of materials for the dicine and so personnel arrangents were also handled by Qin Fang's side, which ant their investnt was considerable too.
In comparison, while the Reed Group provided the production line for the dicine, and funds for building or acquiring a factory, it wasn't necessarily much more than that… So the 70-30 split wasn't excessive, and the Reed Group actually got a significant benefit!
If not for wanting to save ti in developing overseas markets and directly utilize existing channels, Qin Fang wouldn't have even bothered with the Reed Group…
"Then how do you think the division should be?"
Qin Fang didn't waste any words, only asking plainly.
"Seventy-thirty…"
Alex was straightforward, even using a Dragon Country gesture to make a seven and three with his fingers, "But I get seventy, and you get thirty…"
As expected, Alex, notorious for being petty and greedy, opened aggressively with this proposal… He had just criticized Qin Fang's 70-30 split as excessive, yet his own offer was even more outrageous, even bolder than a lion's opening bid!
"Alex, you…"
Hearing Alex's proposal on the profit-sharing, Helen almost instantly stood up, pointed at Alex, intending to say sothing.
Although it's customary to initially ask high and negotiate down…
But both parties need to be in an equal position to negotiate, and it's a different story if one party has an absolute advantage.
This cooperation was never on equal footing; Qin Fang was the proactive one, holding the greatest advantage. In contrast, the Reed Group was the weaker side; adopting a humbler approach was the best choice…
But Alex suddenly made an outrageous demand, which wasn't negotiation at all; it was an attempt to force Qin Fang to directly abandon the Reed Group...
Even though Helen didn't like Alex and was quite hostile towards him, given that this concerned a major issue for the Reed Group, she had no choice but to speak up.
But then...
"Shut up! I'm the one in charge here, you have no right to speak..."
Alex showed no respect for his sister, almost imdiately scolding her, and his words were filled with deep disdain and ridicule.
Despite Helen being older than Alex by a bit, in reality, there was less than a month's difference between them, just about ten days!
Alex's mother was the legitimate wife of Old Jas, the president of the Reed Group, while Helen's mother was rely a Chinese beauty who Old Jas t by accident during his wife's pregnancy. They quickly fell in love, and after a brief romantic encounter, she beca pregnant...
Based on the timing, Alex was supposed to be the elder sibling, but due to Helen's mother's poor health, she had to give birth early, leading Helen to be born a few days before Alex. Thus, Helen beca the elder sister instead...
Initially, Helen was nothing more than an illegitimate child, hidden from sight. However, her mother hemorrhaged and passed away after giving birth to her. Naturally, Old Jas couldn't let his daughter wander outside, so he brought her ho and gave her equal status.
Interestingly, Old Jas's legitimate wife also died shortly after giving birth to Alex... This left no one to accuse Old Jas, and the biggest obstacle to Helen's entry vanished instantly!
With both mothers gone, the two children should have gotten along fairly well. However, when they were just starting to understand things, soone instilled certain ideas into them, leading to their rivalry...
The rivalry was fierce from the very start, and it grew even more intense as they got older...
Helen was personally strong and had a very fierce personality, which allowed her to hold an advantage at first. But when news spread that Alex had inheritance rights while Helen was excluded, there was a dramatic reversal...
Their father, Old Jas, always muddled things in the middle, never resolving the daughters' conflicts, and sotis even fanning the flas... No one really knows what this father was thinking!
One thing was certain though; Helen's influence in the Reed Group was growing weaker... This collaboration was originally an important opportunity for Helen to elevate her influence, but it was rcilessly snatched away!
Though this made Helen furious, she was powerless.
She never expected Alex not to co here for the collaboration at all, but rather to sabotage it...
Alex's words left Helen fuming, making her wish she could smash his head open with a giant hamr to see if the brains inside had turned to crap...
"Continue..."
Yet Qin Fang remained remarkably calm, with even the smile on his face largely unchanged. He stretched out his hand, gesturing for Alex to continue speaking.
Such a reaction left everyone present stunned, including Helen, Chu Yunxuan, and even the aggressively demanding Alex...
Chu Yunxuan knew Qin Fang well enough to understand that he would never suffer such an obvious loss without a plan. However, he remained silent, clearly biding his ti.
Although Helen was anxious inside, after being curtly rebuffed by Alex, she realized that any further words would be futile, so she too fell silent.
"Consider yourself smart..."
Alex felt great, convinced that he had already subdued Qin Fang, and imdiately relished a sense of authority and grandeur.
"The second point... There's no need to establish another factory for this; our Reed Group has nurous pharmaceutical plants under its banner. As long as you provide us with the formula, we at the Reed Group can handle the rest..."
Perhaps because Qin Fang didn't react at all to the first point, Alex felt that he had already intimidated Qin Fang, or perhaps he thought Qin Fang was just a timid fool. Thus, his second point was even more excessive...
If the first point was an attempt to gain an edge in profit sharing, then the second point aid to completely eliminate Qin Fang from the picture...
Reed Group indeed had many pharmaceutical factories, and Qin Fang did not deny this. In fact, these factories boasted the world's most advanced equipnt, production lines, and even the best managent personnel... They could indeed save a lot of effort in the production of the Heart Nourishing Pill!
But the problem was, once Qin Fang handed over the formula for the Heart Nourishing Pill to these people, it would essentially an handing the pill over to the Reed Group...
By then, if the Reed Group turned their back, Qin Fang would be left with nothing and not even get the thirty-percent profit share... (To be continued. If you enjoy this work, please visit Qidian to vote for recomndations and monthly tickets. Your support is my greatest motivation.)
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