<h4>Chapter 553: The Research Lab Predicament</h4>
Jiang Yao frowned. “Who are you to judge my decisions? Don’t forget your promise that you won’t question a single decision I make. You had no issues when I wanted to convert the hospital into a hotel, why now?”
Mr. Feng grimaced. The idea of converting the hospital into a hotel was nothing more than a trick used by Jiang Yao to scare the other shareholders; he was not afraid at all.
However, he knew for sure that Jiang Yao was adamant about setting up the researchb and the pharmaceutical manufacturingpany.
He would never agree to it!
Putting the high initial start-up cost of a researchb aside, there was no assurance that the oue of the researches would generate significant value and benefits.
Plus, as the major shareholder of the hospital with absolute decision-making power, what if she wanted to use the researchb as a deception to scam grant money?
“I have no issues with the manufacturingpany but I will never agree with the researchb!” Mr. Feng was firm. “For the manufacturingpany tomence operation, we just need to invest in production and development. Setting up the researchb is unnecessary.”
“What if I insist?” The researchb was nevertheless a smokescreen and perhaps a small contribution to the country’s medical field. Jiang Yao had no intention of profiting off the venture. Moreover, she might have to invest additional money into the operations of the researchb.
“I disagree,” said Mr. Feng stone-faced. “If I don’t agree, Ms. Jiang here cannot mortgage Shengqi Hospital at the bank.”
What on earth?!
Jiang Yao looked at Manager Sun in confusion.
She knew little about running a business and thought that her role as the majority shareholder guaranteed her absolute power in decisions regarding the hospital.
“That’s true, Ms. Jiang.” Manager Sun nodded. “This is the hospital’s regtion. It is thew as well.”
Jiang Yao could feel anger bubbling up in her heart. So she was in the wrong for not knowing thews governingmercial activities? Manager Sun painted a different picture previously.
Yet, he would have said it if he expected Mr. Feng’s objection.
“I shouldn’t have listened to you!” Jiang Yao red at Mr. Feng.
Seeing his apathy, Jiang Yao thought to herself how she should have wrestled his shares over back then, saving her the trouble right now.
“Since you object, Mr. Feng, don’t think you’ll be a part of the pharmaceutical manufacturing venture! I’ll do it myself!” Jiang Yao snorted. “I will get the money needed!”
“Ms. Jiang, I have noments if you want to set up thepany yourself. But as a shareholder of Shengqi Hospital, I refuse to let you set up thepany under Shengqi Hospital’s name.” Mr. Feng did not expect Jiang Yao to change her mind so abruptly.
After all, he was very interested in the venture. Even though massive initial capital was needed, the business was hugely profitable. Yet, however much he wanted it, he could not do it on his own.
Jiang Yao looked at Manager Sun again and saw him nodding. She furrowed her eyebrows in annoyance and vowed to read up onws and regtions, not wanting to be led around the discussion table anymore.