Ye Tian: "As for the face cream and eye cream, because the raw material supply is sufficient, the daily production capacity is no less than one thousand sets. The situation with the wrinkle cream is better, with a daily production of twenty thousand boxes. For the diabetes medication, we can produce about seventy thousand boxes daily."
Huang Zilong quickly calculated: "The diabetes medication, at two thousand per box, would bring in about fifty billion in annual revenue. The face cream and eye cream, one thousand sets daily, would generate around three hundred fifty billion annually. The wrinkle cream, at three thousand per box, would yield twenty billion a year. By this calculation, Baozhi's revenue next year would conservatively be four hundred twenty billion. I wonder about the profit margin?"
Ye Tian: "In terms of profit, it should be around two hundred billion."
Huang Zilong's eyes lit up: "Two hundred billion! Even with just a twenty times price-to-earnings ratio, that's a market capitalization of four trillion!"
Ye Tian: "The face cream and eye cream are priced very high, not suitable for ordinary people. We will gradually lower the prices later."
Huang Zilong: "Currently, the face cream is priced at three hundred thousand per bottle, and the eye cream at six hundred fifty thousand. At these prices, they are indeed not affordable for ordinary people. However, with over three hundred thousand sets annually, it should be enough to satisfy the wealthy. My suggestion is to continue with these two high-end products. Simultaneously, develop two mid-to-low-end products. Their effectiveness won't be as good as the previous ones, but they will be affordable for the second tier of the rich."
Ye Tian asked: "Oh, then what would be a suitable price for the new products?"
Huang Zilong: "I have some data; there are approximately fifteen million individuals globally with family assets exceeding ten million US dollars. A significant portion of these families can afford to spend several hundred thousand annually on your company's products."
Ye Tian: "Several hundred thousand annually means the price per bottle should be less than one hundred thousand."
Huang Zilong: "Precisely. For face cream, the price would be eighty thousand. For eye cream, one hundred twenty thousand. At these prices, these over ten million families would be able to accept them."
Ye Tian: "How much can these fifteen million families consume?"
Huang Zilong: "Thirty thousand per family annually, theoretically totaling forty-five trillion. Of course, not every family will purchase, as there are competing products on the market, and some families may not need such products. However, based on my experience, five million of these families will definitely buy. In this case, the annual revenue would be at least one trillion five hundred billion. Of course, this is just for the mid-range products. The user base for high-end products is around one million households, with an average consumption of one million per household, bringing in another trillion in revenue."
He continued: "This is the best-case scenario; the final revenue might only be half of this, or even less."
Ye Tian: "We are currently researching an anti-aging agent. Once it's on the market, its audience will be very broad; anyone wealthy will like it."
Huang Zilong's eyes lit up: "Anti-aging medicine? Many countries are researching this, but progress is slow, or the side effects are severe. If Baozhi Company can develop it, its market size will be astonishing! For the wealthy, if it can extend their lifespan, they would be very willing to part with a third or even more of their wealth for health and longevity."
Ye Tian: "I feel there's progress in the research, and there might be a breakthrough soon."
Huang Zilong sighed: "If I had met you earlier, I would definitely have worked under you."
Hearing him say this, Han Ningshuang smiled: "It's not too late now."
Huang Zilong looked at Ye Tian: "Mr. Ye, if you need it, I am willing to work for Baozhi Company!"
Ye Tian smiled: "You're not doing finance anymore?"
Huang Zilong: "I've trained a few people under me, and things are quite stable. For the company matters, unless it's a major issue, I generally don't get involved."
Ye Tian knew that Huang Zilong was very intelligent and understood business. After some thought, he said: "Since Mr. Huang thinks highly of Baozhi, I, on behalf of Baozhi Company, invite Mr. Huang to serve as the Vice President of Baozhi Company, responsible for market research, product marketing, and the setting of sales targets."
Huang Zilong smiled: "Thank you, Mr. Ye, for thinking so highly of me. I, Huang Zilong, will certainly not disappoint you!"