Tao Liangchen
Chapter 753 Medical Aesthetics
Even Grandpa Tang, who was retired at home, liked to dabble in stocks, spending his days with financial journals and magazines.
The family gathered at the old house for dinner, and aside from everyday family matters, the main topics revolved around business.
Grandma Tang, after serving Nan Gontian and Nong Qingying with food, filled a bowl of old mountain ginseng black chicken soup for Su Yehao, saying:
"Oh right, last time you mentioned me selling health products, I investigated and found that the 'gold inside' you mentioned is just melatonin. A large bottle costs only a few dozen yuan, and our family's chain pharmacies sell it. Changing the packaging turns it into huge profits. Elderly people have trouble sleeping at night and should supplement with some melatonin. How's your sleep, Dad?"
"Me?"
Grandpa Tang replied cheerfully, "When I fall asleep, thunder won't wake me. It's just that when I was young, I could sleep for nine hours, but now it's shortened to about six hours. I often wake up when it's still dark. I can't deny that I'm getting old..."
"Considering your age, Grandpa, maintaining such high-quality sleep is already quite good. Taking a nap after lunch will keep you refreshed all day."
Su Yehao drank his soup as he spoke.
The old mountain ginseng had a strong flavor, and it seemed like other Chinese herbs were added. It felt like drinking medicinal chicken soup, except his family used top-quality old mountain ginseng, which was extremely expensive.
He continued to say to his mother:
"As long as it's truly beneficial for the body and people like to buy it as a gift, it seems fine. People will only pay more and more attention to safety and health in the future. Our family can establish a nutritional health research institute and build it into a brand to seize the market up north. Vitamin pills, fish oil, and calcium tablets can all be sold, as well as nutritional milk powder, donkey-hide gelatin, and bird's nest. If we do this business well, opening a pharmacy might not be as profitable. The profit margin should be quite high."
After a moment of consideration, Grandma Tang nodded and said with a smile, "That's a novel idea. Our family already has pharmacies and sales channels. We just need to handle the production issues and should be able to find ready-made formulas and raw materials from abroad."
"That's right, packaging some products into gift boxes is much more reliable than some no-name brands, isn't it?"
Su Yehao remembered something and suggested, "I saw news in the newspaper that South Korea's cosmetic surgery technology is developing rapidly. The pharmaceutical industry is competitive and heavily regulated, but the medical beauty market is also quite large. It seems like not many companies are paying attention to this area yet."
Hearing about cosmetic surgery, both Xiao Nizi and Nong Qingying looked over.
Nong Qingying asked, "Are you referring to things like cutting faces, facelifts, injections, and double eyelid surgery? That's too scary. Why would anyone want to do that to themselves?"
Su Yehao smiled and said, "Not all women are as beautiful as you two. I've seen the media praising my discerning eye, saying those who envy me could stretch from Luohu Port to Stanley."
These words sounded a bit strange, but at least they were compliments. Nan Gontian said, "That's true. For example, my secretary at the entertainment company has always wanted to get double eyelid surgery, but I think she's already very pretty. If there's a reliable cosmetic surgery company, I think business would be especially good. Women might be reluctant to buy new clothes or go out for a fancy dinner, but when it comes to becoming more beautiful, they'll spend whatever it takes, even if it means maxing out their credit cards."
Hearing this, Grandma Tang became energized, touching her face as she spoke, "That sounds quite interesting. Our family's hospital has a plastic surgery department, mainly serving patients with physiological problems. I never thought we could split it off and operate it separately. The cosmetic surgery market in Hong Kong isn't very good, but it's very developed in the United States. I had a friend who went to Los Angeles for a facelift and also adjusted her nose. I also saw news in a magazine saying that the American FDA is studying the use of hyaluronic acid in medical aesthetics. When the time comes, even older people can use injections to smooth out wrinkles. Many Hollywood actresses are already using it."
"Yes, yes, yes! I've seen it too. It's said that many actresses even their... are fake."
Xiao Nizi, who was getting excited while chatting about b**bs, suddenly realized that the occasion wasn't appropriate, so she swallowed the word that was already on the tip of her tongue.
Su Yehao pretended nothing happened and said, "Yes, the medical technology will be more advanced in the future, and this industry is worth paying attention to in advance. Mom, you can take some money first to finance and acquire some strong related companies in South Korea, seize the opportunity before other capital enters the market..."
The cosmetic surgery market was just starting, mainly focusing on minor adjustments.
Therefore, Grandpa Tang and Father Su, who were present, all watched the excitement with an attitude of indifference, unaware of the consequences of Su Yehao's suggestions, despite the staggering profits.
Putting aside everything else, once the complete technology is brought to Hong Kong first, it may prematurely trigger a craze for cosmetic surgery, and even the aesthetic direction may change.
Regarding this.
Su Yehao didn't care too much, what should come will come sooner or later.
Rather than sitting idly by and watching the entire industry grow wildly, it's not bad to use his family's existing medical resources to create a safe, reliable, and clearly priced chain of medical beauty companies.
For many girls who weren't naturally blessed with beauty, spending some money to make minor adjustments to their appearance might have a "life-changing" effect. Both businesses and customers are happy, so there's no need to pay attention to outsiders' gossip.
The development of the Earl Medical Group reached a bottleneck, and the scale couldn't be expanded in Hong Kong and Casino. The top of its head hit the ceiling. The chain pharmacies and medical equipment businesses in the mainland are also facing fierce competition.
As the saying goes, "A gas station on the left and a gas station on the right," the barrier to entry for the chain pharmacy business isn't high, so it's indeed difficult to do.
Some chain pharmacies use a large-scale franchise model, frantically lowering costs to seize the market, and in the blink of an eye, they cool down the market, turning from a sunrise industry to a sunset industry, with only two or three years in between. Now everyone is unlucky together, and no one wants to make money.
Therefore, Su Yehao took the opportunity to propose building a health product brand and entering the medical beauty industry, taking the opportunity to promote the upgrading and transformation of the Earl Medical Group.
Grandpa Tang doesn't like the financing and listing stuff and does business more traditionally.
Now that the family property has been divided early, Su Yehao, together with his mother, is equal to 60% of the shares. His aunt has 30% of the shares, and the remaining 10% is still in the hands of the grandpa, who will probably benefit Nong Qingying and her son again in the future.
According to this calculation, Su Yehao's family owns 70% of the Earl Medical Group, and besides, it's his mother's career, so of course, he needs to put more effort into planning, so as not to let the valuable opportunity slip away in vain.
After talking about medical care, they talked about the recent development of Si Hai International in the mainland.
Just now, Father Su called Hengda Real Estate and invited their boss to dinner tomorrow night.
This company has been trying to get close recently and is short of money to expand its scale. After receiving the call, the other party agreed without saying a word.
Besides.
Father Su also plans to use the idle funds of the Meidi Group and borrow a sum of money from the bank, independently of the Si Hai International Group, to do real estate development business. Meidi Group is not listed, but its valuation itself has reached nearly 10 billion yuan. It would be a waste not to borrow some money from the bank.
Compared with other businesses, the benefits of choosing to enter the real estate industry are obvious.
It can use a small amount of principal plus leverage to leverage a scale equivalent to three or four times the principal, which is suitable for using a small amount of capital to achieve big gains...