Fake Husband of the Glamorous CEO-Chapter 238: You should just pamper her.
After Gu Feng returned, he took Lin Yue to pay respects to her grandfather, Yu Zecheng.
In the traditional mindset of the people of Dragon Nation, holding a banquet is far more legitimate than a simple marriage registration. 𝓯𝓻𝓮𝙚𝙬𝓮𝙗𝒏𝙤𝒗𝙚𝙡.𝒄𝒐𝓶
Lin Yue distinctly felt that after the banquet, her in-laws showed her even deeper affection.
Even those from the T2 faction of the group in the compound recognized her status as the wife of the Young Clan Leader.
When the younger brothers and sisters in the compound saw Lin Yue, they respectfully called her ’sister-in-law’.
Grandfather Yu Zecheng was even generous enough to give Lin Yue the heirloom jade bracelet that his wife had left behind.
"Originally, it was intended for Ling Ling (Yu Ling), but she threatened me by eloping with that scoundrel Gu Dadong, so I didn’t give it to her," Yu Zecheng said, still irritated by the memory.
Although these events were in the past, Lin Yue couldn’t help but chuckle when hearing about the older generation’s affairs.
When Lin Yue came back, Aunt Yu Yue, upon seeing the old jade bracelet on her wrist, widened her eyes in envy: "Girl, you really are the apple of everyone’s eye now, huh? My dad even gave you that?"
Just as she said this, Gu Feng walked into the living room and said to Lin Yue, "Here are three medicines for you."
"What are those?" Yu Yue raised an eyebrow, even more eager than Lin Yue.
How could she not be eager?
The technology licensing that Gu Feng gave to Meiyue Group made other state-owned enterprise departments green with envy.
Cancer drug sales revenue for a half-year order was 2.5 trillion RMB, twice that of the entire annual revenue of the tobacco industry!
As a strategic resource, the other departments could accept it, but then Gu Feng offered Meiyue Group the beauty care technology licensing as well.
And just look at the sales figures of the five companies controlled by the group sweeping all competitors in the global market with an invincible stance.
No, to be exact, there were no competitors!
After three months of market capture, in the global beauty industry, those luxury and high-end brands had all become common goods on the streets.
In the global annual sales of 520 billion US dollars, in these three months, the five beauty care companies owned by Meiyue Group took a 25% market share!
Keep in mind, this is just the market share in the first three months since launch, and currently, the products of the five companies continue to penetrate the market shares of other brands.
If we were to maintain this 25% market share for a full year, then the annual sales revenue for the five companies would reach 130 billion US dollars.
That’s equivalent to a trillion RMB!
Considering Meiyue Group’s average control of more than 40% of shares in these five companies, that means Meiyue holds a share of 400 billion RMB in sales!
Although the sales figures are still far behind other state-owned enterprises like the power grid, the automotive trade, oil, and banks.
But you have to look at the profits.
This 400 billion RMB in annual profits, after taxes, Meiyue gets to take home 250 billion!
After all, their cooperation model with the five companies is based on technology licensing.
That means Meiyue provides the technical materials, while all packaging, market advertising, marketing, and production costs are borne by the five groups themselves.
In the end, the groups only need to distribute the sales revenue based on shareholding ratios to Meiyue Group.
As for the cost of raw materials of Meiyue Group, that’s not disclosed to the public!
Since Meiyue Group has no intention of going public, there’s no need to make their financial reports public.
Only the high-level executives among the state-owned enterprises know that Meiyue Group’s profits exceed those of the power grid, oil, and the four banks!
How could the others not be envious?
Yu Yue’s enterprise is in charge of automotive trade, overseeing all joint venture brands.
Its annual sales amounted to over 600 billion RMB.
However, profits were less than 50 billion, which is three times less than Lin Yue’s beauty care earnings!
Plus, this is still only the estimated full-year income based on a 3-month market share.
That’s why other Hall Masters and Elders are all encouraging Lin Yue to hold steady for a full year; next year, she might become the leading sister among all state-owned administrative systems!
Gu Feng said, "I think her product line is still not complete; these three pills should be able to monopolize the entire beauty care industry."
Yu Yue’s eyelid twitched. "You brat, you really want to put us out of business, huh? Just keep pampering her."
"Let’s hear it then, what are these three medicines for?"
"One is for skin whitening, one is for repairing extensive burn wounds or facial disfigurement scars, and the other is..."
Lin Yue’s beautiful eyes lit up.
Yu Yue’s eyes bulged out, cutting Gu Feng off: "What did you say? Repairing extensive burns and scars? What’s the restoration rate?"
Gu Feng said, "You still don’t know my medicines? Of course, it’s 100 percent!"
The pupils of the two women dilated.
Yu Yue, with her sharper business acumen and as an older woman noticing her skin beginning to dull, asked subconsciously, "What about the skin whitening? Is it noticeably effective?"
In the current global beauty industry, skin whitening technology is actually the hardest to break through.
Because the melanin formed when the human body darkens is itself a self-protective response of the skin against UV radiation damage.
If you insist on using some melanin-stripping drugs that can disrupt the genetic code, it may cause skin cancer and vitiligo due to pigmentation loss, among a series of other kidney problems and illnesses.
Thus, it’s very difficult for research and development in this area to make a breakthrough!
The so-called skin whitening products on the market, aside from using medication to sustain and delay the skin’s oxygen and brightening effect, don’t really have any significant impact on actual skin whitening!
Yet despite this, the prices of skin whitening products have always been exorbitantly high.
Hearing her aunt’s question and knowing the potency of his Skin Whitening Pill, Gu Feng smiled and said, "Even black people can change their ancestral melanin genes with it. Is that not noticeable?"
Both women stared wide-eyed: "Holy shit!"
