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Chapter 1282: Chapter 1138: Initial Intentions (Please subscribe!)
Corporate certification.
It caused small ripples within a limited scope.
They quickly subsided.
Although it temporarily did not eradicate such scams, it at least cut off one of their channels, and most importantly, it initially established a modest corporate credit system.
Even if it had not yet gained widespread recognition.
Tang Qing was not in a hurry.
A certification, to gain public trust, was not an overnight matter. It required a long-term accumulation of reputation, a responsibility toward customers and users, and there was nothing instantaneous about it.
Health products.
Why could they deceive so many people?
Ultimately.
It wasn’t entirely because there were too many bad people.
Rather, the related education was not widespread enough.
Just like legal education, crime prevention, the best approach was publicizing the law, then supplementing it with cracking down on criminals, since the former could reduce more crimes than those that actually occurred.
Digging deeper into the root.
It was because the health of people was deteriorating.
Due to medical services not keeping up, many ailments were untreatable, or could not be completely cured, leading people in their desperation to believe in supposed secret remedies and miracle cures, thus involving a medical issue.
This situation.
Would soon see improvement.
According to the plan.
Originally, last year, Ling was supposed to introduce a series of medical technologies for major diseases and terminal illnesses. However, the situation was unstable at that time, amidst a transition of power, fearing too big interests might cause complications.
So, it was postponed again and again.
Now.
Everything had settled.
There was no longer any force that could overthrow Ling’s position, not even if the United States sent the army, therefore, the timing was fully ripe, it was time to bring out the strongest money magnet.
Generating revenue. 𝓷𝓸𝓿𝓅𝓊𝓫.𝒸ℴ𝓶
Not extracting blood.
The treatment fee would definitely not be sky-high, but it wouldn’t be as cheap as curing cancer with just the cost of two carrots, such an scenario, Tang Qing dared not even contemplate, nor would he be benevolent to that extent.
These medicines and technologies.
Could help the Asia Dollar solidify its position.
Once these technologies were released, only nations could safeguard them, and those had to be somewhat powerful countries. Tang Qing did not wish to list them under his own name, to attract a pack of hungry wolves.
Why create trouble for himself.
Now.
Myanmar Pharmaceutical Group was making significant advances.
Inside the Myanmar Economic Zone, it was constructing three massive pharmaceutical industrial parks: one responsible for drug research and development, one for medical equipment R&D, and the last for production.
In about a month.
It would officially start production.
As for external sales.
This process would take some time, because the process of drug approval in most countries was lengthy, requiring a lot of clinical data support, similar to what happened originally with fruit wine.
The procedure for drugs in Myanmar was already underway.
They had even entered the clinical stage; before the park commenced production, some of the drugs could be approved for market in Myanmar. The reason it was only some was mainly not to scare people too much.
If all medical technologies were revealed at once.
Telling the world.
Most terminal illnesses and chronic diseases could be cured by me.
This...
The interests involved were indeed colossal.
He genuinely feared that Huaxia might also get tempted, that would mean ’making enemies of the whole world.’ Therefore, with such great interests involved, one had to proceed slowly, plan carefully, give them time to accept.
Also, to give himself time to lay out plans.
Meanwhile.
The group also acquired a lot of land to build hospitals and healing institutions to accept patients whose lives were at risk due to unapproved medicines in their countries but were seeking a glimmer of hope.
Anyway.
Within one and a half months at the latest.
The world would remember Myanmar Bank Group again.
...
June 11.
Hangzhou.
"Click, click, click..."
Journalists captured photos of Ma Yun and Tang Qing shaking hands.
Today.
With both individuals signing on the contract, Xiao Xiao and Alibaba officially swapped shares, making Tang Qing the largest shareholder of Alibaba and a team from Sky Eye officially settled into Alibaba.
Tang Qing did not have the rights to interfere in Alibaba’s decision-making.
But he did have supervision rights.
The contract stipulated.
Both parties would engage in business integration.
Alibaba promised to provide corporate user data to Xiao Xiao and promote Xiao Xiao to its users, while Xiao Xiao also needed to share data with Alibaba. It could be said that this was a win-win cooperation.
The cooperation between these two giants.
Attracted many media outlets.
"Boss Tang, if we go by the current share swap ratio, just the valuation of Xiao Xiao is thirty-five billion US dollars. How does such a previously obscure company have such a high valuation?"
A female journalist from a Hangzhou tabloid asked.
Tang Qing held the microphone.
"As to how Xiao Xiao is valued, it seems this journalist hasn’t done enough homework, or perhaps deliberately ignored some facts. To this, all I can say is, you will soon see the potential value of Xiao Xiao."
Tang Qing’s response was sharp.
Almost saying nothing.
However.
Not everyone present was that kind of journalist; many of them had done their homework and scoffed at this question, saying why Xiao Xiao was valued so high? You’ll know after careful study.
Tang Qing might be playing a big game.
Tens of millions of global users of Xiao Xiao.
An investment of five billion RMB.
Customer relationships of the parent company, Sky Eye Group.
The position as the second largest instant messaging software domestically.
And the reputation of Tang Qing.
Thirty-five billion US dollars?
Too much?
"Boss Tang, Xiao Xiao launched corporate level certification last week. Does this mean Xiao Xiao will close the channel to Huaxia’s small and micro businesses because many of them have weak competitiveness in terms of property, management, system, and products?"
Upon hearing this question.
Tang Qing smiled.
He said, "Small and micro businesses have created eighty percent of town employment and fifty percent of the national GDP in this country. How could I possibly close the channel to them?"
"Instead, I am more eager to serve them because they are the source of economic vitality. However, we cannot ignore their internal problems. Xiao Xiao’s corporate level certification aims to provide a reference."
"If deficiencies are found, they can be improved. Why improve? Because the economic environment is never smoothly favorable. Wanting to grow and strengthen in the market waves, one must pay close attention to corporate system, product quality, and so on."
This statement.
Actually had an issue.
Fundamentally, it was not wrong.
But as of now.
Bad money driving out good money was an unavoidable problem in the Huaxia market. Penny-pinching bosses are more likely to survive, traders of counterfeit goods might live more comfortably than conscientious businesses.
But.
With the advancement of the age.
This situation will inevitably change.
When Huaxia starts transforming enterprises and upgrading industries, it will be a massive shuffling. Of course, it might not wash out all the dross, but truly value-oriented businesses will stand out.
Tang Qing did not believe people would tolerate the prevalence of bad money forever.
The market might allow it.
But he would not.
This.
Was also one of the initial intents of establishing Xiao Xiao’s corporate credit ratings.
