Reading Settings
Font Size
16px
Line Spacing
1.6
Reading Width
900px
Font Share
Theme
Text To Speech

110: Chapter 110 The Light of Technology Illuminates the Future of Healthcare

He Zhenbang's grip was firm.

His body was trembling.

Chen Xu did not pull his hand away.

He looked at the white-haired old man in front of him.

Inside the exhibition hall.

Many members of the Puji Medical team were wiping their cheeks with their hands.

Li Weidong leaned against the wall.

He closed his eyes and didn't move.

Xiao Yu stood in the center of the hall.

That mechanical leg reflected the light under the lamps.

He was re-adapting to his own body.

He Zhenbang let go.

He took a step back and straightened his clothes.

He regained the posture of an entrepreneur.

He gave a look to the assistant behind him.

The assistant immediately stepped forward.

He took a document out of his briefcase and handed it to He Zhenbang.

Holding the document, He Zhenbang walked back to Chen Xu.

"Chairman Chen."

His form of address had changed.

"Puji Medical is a listed company."

"Its current market value is thirty billion."

He handed the document to Chen Xu.

"This is an equity transfer agreement."

"On behalf of the board of directors of Puji Medical, as well as all the shares I personally hold."

"I am willing to transfer thirty percent of the equity."

His voice echoed in the exhibition hall.

"Only to reach an exclusive, in-depth, and permanent strategic cooperation with Star Technology regarding the 'Lingxi' chip and the 'Walker' series prosthetics."

Li Weidong snapped his eyes open.

There was an uproar among the Puji team behind him.

Thirty percent.

That meant nearly ten billion in value.

Using ten billion in equity of a listed company to exchange for the cooperation rights of a technology.

Guan Yi stood behind Chen Xu.

Chen Xu did not take the document.

He just shook his head.

He Zhenbang's hand holding the document stopped in mid-air.

The expression on his face froze.

All the chatter from the Puji team behind him ceased.

He refused.

He actually refused.

He refused ten billion in equity without even looking at it.

He Zhenbang's mind raced.

Did he think it was too little?

Or did he have an even bigger scheme?

"Chairman Chen, we can discuss the details of the cooperation further."

He Zhenbang tried to salvage the situation.

"This isn't a cooperation."

Chen Xu spoke.

His words were soft.

Yet the temperature in the entire hall seemed to drop.

"Puji Medical's smart prosthetic business."

"Today, after the appearance of 'walker one'."

"It no longer has any value."

Li Weidong's body leaned back against the wall again.

This sentence was very hurtful.

But it was the truth.

"Your technology, your products, your research and development path—all of it is now obsolete."

"The only things you have left are your medical device production licenses."

"And the sales channels you've laid out globally over the past thirty years."

Chen Xu looked at He Zhenbang.

"Chairman He, I need your channels and your licenses."

He Zhenbang's breathing became rapid.

He understood.

Chen Xu never intended to cooperate at all.

"So..."

"Puji Medical will spin off its entire smart prosthetic business."

Chen Xu gave his proposal.

"Including your R&D team, production lines, licenses, and channels."

"Star Technology will contribute shares in the form of 'Lingxi' chip technology and the complete design plan for 'Walker' prosthetics."

"We will establish a new company."

"The new company will be named 'Xingchen Genesis'."

He Zhenbang did not speak.

He was waiting for the final result.

"In this new company."

Chen Xu held up two fingers.

"Puji Medical will hold a twenty percent stake."

"Star Technology will hold an eighty percent stake."

An 80-20 split.

An annexation of an industry leader using an epoch-making technology.

Li Weidong's fists clenched at his sides.

He wanted to object.

But he couldn't find any reason to object.

In the face of absolute technological superiority, all business negotiation tactics lost their meaning.

They had no room to bargain.

He Zhenbang looked at Chen Xu.

Slowly, a smile appeared on his face.

A complex smile, mixed with bitterness and relief.

He understood Chen Xu's layout.

Chen Xu wasn't offering an insult.

It was an opportunity.

Twenty percent.

The value of this twenty percent would far exceed everything Puji Medical currently owned.

"Alright."

He Zhenbang uttered a single word.

He handed the equity transfer agreement in his hand to the assistant behind him.

He looked at Guan Yi.

"General Manager Guan, I assume you have prepared a new agreement."

Guan Yi nodded.

She pulled up a document on her tablet.

"Xing... chen... Gen... e... sis..."

He Zhenbang read the name aloud.

"A good name."

He looked at Chen Xu.

"I agree."

Without any hesitation.

Guan Yi handed the tablet over.

He Zhenbang wrote his name in the electronic signature area.

The handwriting was powerful.

The agreement took effect.

From this moment on, Puji Medical's smart prosthetics became history.

A new life named "Xingchen Genesis" was born.

Guan Yi took back the tablet.

"Chairman He, according to the plan, we will release an announcement through the official channels of Star Technology and Puji Medical simultaneously in one hour."

"Announcing the establishment of 'Xingchen Genesis'."

"Furthermore, on May 1st, a global brand and first-product launch event will be held at the Xingchen Technology Park headquarters."

He Zhenbang nodded.

"Proceed according to your plan."

He glanced at Xiao Yu standing in the center of the hall.

Xiao Yu was also looking at him.

He Zhenbang smiled at him.

Then, he led his team out of the exhibition hall.

When they arrived, they were industry leaders.

When they left, they were followers of a new era.

...

One hour later.

Star Technology's official website.

Puji Medical's official website.

Two identical announcements popped up at the same time.

[Star Technology and Puji Medical have reached a strategic restructuring to jointly establish 'Xingchen Genesis' Technology Co., Ltd.]

['Xingchen Genesis' will release a revolutionary new product on May 1st at the Xingchen Technology Park in Fei City.]

The announcement appeared.

The capital market was ignited.

Editors of financial media outlets frantically wrote articles.

[Breaking! Star Technology enters a new field, partnering with Puji Medical to establish a new company!]

[A super giant enters the hundred-billion-dollar medical device market; where is Star Technology's sword pointing?]

On the stock trading interface for Puji Medical.

After the announcement was released.

The stock was locked at the daily limit up.

Countless investors wailed on the forums.

"I can't buy it! I can't buy it at all!"

"Star Technology, it's you again! Just how many more surprises do you have!"

"Phones, systems, batteries, and now medical care! Are you even going to let others live!"

"I declare that Puji Medical is no longer a medical stock; it's a technology stock!"

The outside frenzy did not affect Xingchen Technology Park.

Headquarters building, top-floor office.

Chen Xu stood before the floor-to-ceiling window.

He looked down at the blue research and development center in the park below.

Yan Er's Biotechnology Laboratory.

Xiao Yu had also stayed there.

He would serve as the first long-term tester, providing the most valuable data for the subsequent optimization of 'walker one'.

Continue Reading

Create a free account to unlock this chapter and continue reading.

Register
Prev Next

🔊 Text To Speech

Listen while reading

Ready