How about a different way of collaboration that doesn't involve sharing recipe rights?
For a moment, Ye Chen couldn't figure out what the other party was up to.
"What do you mean?"
"Mr. Ye, this is it. For the second plan, we at Estee Lauder will provide you with a new product formula, and you can make improvements based on the formula. But in this way..."
Before Yan Rubing could finish her words, Ye Chen shook his head and interrupted, "Boss Yan, our Yiren Ruxue's production efficiency has not yet been able to meet our own supply needs. Do you think we can spare some time to help you with the improvement and OEM? So, this is unreliable!"
Just when Yan Rubing wanted to say something.
Ye Chen said again, "I know, you want to say that we don't need to do the OEM, and you can just let Yiren Ruxue improve the formula and then produce it. But I still think it's unnecessary, because if you do that, you can't give Yiren Ruxue much product profit. You can't afford a high profit ratio, and I don't like a low profit ratio!"
"Mr. Ye, I understand that you don't think highly of that little bit of profit sharing, but compared to profit, building brand influence is more important. As long as you are willing to cooperate, Estee Lauder will still jointly advertise with you, Yiren Ruxue, after the new product is launched, to directly help you raise the level of your brand! And all you have to do is let your team that developed the flawless cream help us improve the formula. I believe you can't find another international brand in the world that can cooperate with this kind of approach!" Yan Rubing said unwillingly.
"Mr. Yan, I have to admit that this kind of cooperation will definitely be beneficial to our Yiren Ruxue, but I am still not interested! I will build the brand level of Yiren Ruxue myself, and I don't want to rely on the east wind of Estee Lauder. In addition, Yiren Ruxue's current market is still in China, and it is far from going global. So...even if Yiren Ruxue's reputation is resounding throughout the world, it is dispensable for us at this stage!" Ye Chen shook his head resolutely.
The purpose of his founding Yiren Ruxue was to bring down those world-class brands and let the light of China shine across the world, so why would he help a foreign brand like Estee Lauder to make money?
Once Pang Jun's team helps Estee Lauder improve its new product formula based on the formula of the flawless balm, there is no doubt that Estee Lauder's new product will quickly become popular around the world and make a lot of money...
Yes, that's right, in that case, Yiren Ruxue would also be able to get a piece of the pie, and she could also stand on the shoulders of Estee Lauder and promote the Yiren Ruxue brand to the world.
But whether it is to get a share of the pie or to let the world see the banner of Yiren Ruxue, Ye Chen doesn't care at the moment.
Not to mention that under this kind of cooperation, the other party cannot give him too high a profit distribution ratio. Even if Estee Lauder can split the profits with him 50-50, or even 40-60-30-70-28, or even 19-10, he will not agree.
The reason is simple. He can't help foreign brands, or help competitors who will have to be brought down in the future. He really can't do it.
"Boss Ye, you are really stubborn! I'm afraid no domestic brand would miss this kind of opportunity!" Yan Rubing smiled bitterly again.
"Mr. Yan, I'm so sorry!" Too lazy to say more, Ye Chen shook his head and smiled.
"Forget it. I was ordered by the headquarters to come here to discuss with Yiren Ruxue. Since Mr. Ye has so firmly refused to cooperate, I can only report back to the headquarters truthfully!
Faced with Ye Chen's determined resistance, Yan Rubing had no choice but to give up.
"Hmm!" Ye Chen nodded slightly.
"Mr. Ye, this is my business card. If you change your mind, you can always contact me!"
Facing the business card handed over by Yan Rubing.
Ye Chen still responded with a smile.
Yan Rubing did not want to stay any longer and left in a vain, but left gracefully with Ye Chen saying, "Mr. Yan, take care."
"You just completed the acquisition in Yanjing, and you rushed back here in a hurry. Is that okay? Are you just going to leave the semiconductor company alone?"
As soon as Yan Rubing left, Chen Yinuo couldn't help but ask hurriedly.
"What's wrong with that? From the very beginning, my position has been to be a hands-off boss. If I really need to do everything myself, even ten clones of mine won't be enough! Also, although the acquired company was facing bankruptcy and liquidation before, the problem was only in terms of financial funds. There is no problem with the company's structure. So after dealing with the financial issues and reorganizing the capital chain, there is nothing else for me to follow up. The company's affairs will still be in the charge of the original executive director, and she just needs to report to me regularly!" Ye Chen said with a smile.
"Is it appropriate? Do you know the executive director? Do you know what kind of person he is? Is it really okay to trust someone you don't have much contact with or know well enough?" Chen Yinuo frowned slightly.
"I don't need to worry so much about a person who has been a senior executive of a central enterprise since she was in her twenties, is the general manager of a business unit in a listed company, and is a Yanjing 'double innovation' talent and Yanjing '333 Project' talent! If nothing unexpected happens, she should have a certain official family background behind her. This kind of person will not do anything behind the scenes. In addition, Tenglong Technology R&D Co., Ltd. carries the national technological hope of high-end lithography machines. Whether it is the Chinese Academy of Sciences or the official senior officials, they will all pay great attention to it. They must be more concerned about the stability of the company than we are, so there will be absolutely no problems!" Ye Chen explained.
Putting these aside, his trust in Li Yuange is based on things that happened in his previous life.
In her previous life, with Li Yuange's abilities, she could have set up her own business and built her own empire with her business skills.
But she didn't.
With only a few percent of equity, he led one technology company after another with more or less official background to become one of the world's top 500 companies.
From when Li Yuange's fame began to rise in the business world to when she withdrew from the business stage.
There are only praises and flowers, never any slander, no controversy or negativity.
This alone is enough to illustrate Li Yuange's character and ability!
Therefore, Ye Chen really had no worries.
"If the outside world knew that you spent 700 million to acquire a semiconductor company and became a hands-off manager, I guess the heated discussion would be even more intense! Really, sometimes even I feel that what you do is really no different from those nouveau riche!"
When Ye Chen mentioned that Tenglong Technology's research and development involved the Chinese Academy of Sciences and the government, Chen Yinuo no longer said anything more about whether Ye Chen trusted the executive director too much.
She turned to stare at that handsome face and couldn't help shaking her head and smiling.
Once upon a time, the word "nouveau riche" was so far away from them.
She once fantasized that if she could seize the opportunity in the future, she would proceed steadily, step by step, and put her heart and soul into making the business bigger and stronger.
Who would have dared to imagine such an absurd thing as spending hundreds of millions to acquire a technology company and then becoming a hands-off manager?
Facing her words.
Ye Chen said seriously, "What do you mean by no different from a nouveau riche?"