A different form of cooperation that doesn't require sharing formula rights?

Ye Chen was momentarily puzzled about the other party's intentions.

What did they mean?

"President Ye, it's like this. The second option is for Estée Lauder to provide a new product formula to your Yi Ren Ru Xue. You would then improve upon the formula, but in that case..."

Before Yan Rubing could finish, Ye Chen shook his head, interrupting, "President Yan, Yi Ren Ru Xue's production efficiency can't even meet our own supply demands. Do you think we have the capacity to help you with improvement and contract manufacturing? That's not feasible!"

Just as Yan Rubing was about to respond,

Ye Chen continued, "I know, are you thinking we wouldn't handle the manufacturing? That Yi Ren Ru Xue would simply refine the formula, and then you would produce it? I still don't see the need. In that scenario, you wouldn't give Yi Ren Ru Xue much profit. A high profit margin is something you can't offer, and a low profit margin is something I'm not interested in!"

"President Ye, I understand you're not interested in a small share of the profits. However, building brand influence is more important than profit. If you agree to cooperate, Estée Lauder will still co-brand with Yi Ren Ru Xue in advertising campaigns after the new product launch, directly elevating your brand image! All you need to do is have your team that developed the Blemish Balm help us improve the formula. I believe you won't find another international brand offering this kind of collaboration anywhere in the world!" Yan Rubing persisted.

"President Yan, I must admit, this kind of cooperation would definitely be beneficial for Yi Ren Ru Xue, but I'm still not interested! I'll build Yi Ren Ru Xue's brand image myself. I don't want to rely on Estée Lauder's influence. Besides, Yi Ren Ru Xue's current market is still domestic; we're far from going global. So... even if Yi Ren Ru Xue becomes world-renowned, it's not essential for us at this stage!" Ye Chen resolutely shook his head.

His purpose in founding Yi Ren Ru Xue was to bring down those top global brands and let the light of China shine worldwide. How could he help Estée Lauder, a foreign brand, make money?

If he allowed Pang Jun's team to improve Estée Lauder's new product formula based on the Blemish Balm formula, there was no doubt that Estée Lauder's new product would quickly become a global sensation, generating huge profits.

Yes, that would allow Yi Ren Ru Xue to get a share and use Estée Lauder's platform to promote the Yi Ren Ru Xue brand to the world.

However, Ye Chen didn't care about a share of the profits or global recognition at this point.

Not to mention the low profit sharing ratio in this type of cooperation, even if Estée Lauder offered a 50/50 split, or any other generous split, he wouldn't agree.

The reason was simple: He couldn't bring himself to help a foreign brand, a competitor he would have to surpass in the future.

"President Ye, you're truly unyielding! Any other domestic brand would seize this opportunity!" Yan Rubing said with a helpless and bitter smile.

"President Yan, I'm truly sorry!" Ye Chen said with a slight smile, not wanting to say more.

"Very well. I was instructed by headquarters to discuss this with Yi Ren Ru Xue. Since President Ye is so firm in rejecting the cooperation, I can only report this back to headquarters!"

Faced with Ye Chen's resolute rejection, Yan Rubing had no choice but to give up.

"Okay," Ye Chen nodded lightly.

"President Ye, this is my business card. If you change your mind, you can contact me at any time!"

Ye Chen smiled and accepted the business card Yan Rubing offered.

Yan Rubing, not wanting to prolong the awkwardness, gracefully left after Ye Chen's polite farewell.

"You just finished the acquisition in Yanjing and rushed back. Is that alright? Are you just leaving the semiconductor company unattended?"

As soon as Yan Rubing left, Chen Yinuo couldn't help but ask anxiously.

"Why wouldn't it be alright? From the beginning, my position was to be hands-off. If I had to do everything myself, ten clones wouldn't be enough! Besides, the company we acquired was facing bankruptcy liquidation due to financial problems, not structural issues. After resolving the financial issues and restructuring the capital chain, there's nothing I need to follow up on. The company affairs are still handled by the original managing director, who will report to me periodically," Ye Chen explained with a smile.

"Is that appropriate? Do you know the managing director? Do you know what kind of person they are? Is it wise to trust someone you don't know well?" Chen Yinuo frowned slightly.

"Someone who entered a central enterprise as a senior executive in their twenties, served as a business unit general manager in a listed company, and is a Yanjing 'Double Innovation Talent' and a 'Yanjing 333 Project Talent' doesn't need me to worry so much! If I'm not mistaken, they likely have some official family background. This kind of person won't engage in any underhanded activities. Furthermore, Tenglong Technology R&D Co., Ltd. carries the hope of national technology for high-end lithography machines. Whether it's the Chinese Academy of Sciences or high-level officials, they will be very concerned. They will definitely be more concerned about the company's stability than we are, so there definitely won't be any problems!" Ye Chen explained.

Beyond these reasons, his trust in Li Yuange was also based on his memories of his previous life.

In his previous life, with Li Yuange's abilities, she could have easily established her own business empire.

But she didn't.

She simply held a small percentage of shares and led one after another technology company with varying degrees of official backing into the ranks of the Fortune 500.

From the beginning of Li Yuange's rise to fame in the business world to her retirement, she was only met with praise and acclaim, never any slander, controversy, or negativity.

This alone was enough to demonstrate Li Yuange's character and ability!

Therefore, Ye Chen had no worries.

"If the outside world knew you invested 700 million to acquire a semiconductor company just to be a hands-off boss, the discussions would be even more intense! Honestly, sometimes even I feel that what you do is not unlike what a nouveau riche would do!"

After Ye Chen mentioned that Tenglong Technology R&D involved the Chinese Academy of Sciences and officials, Chen Yinuo stopped questioning Ye Chen's trust in the managing director.

She turned to look at his handsome face and shook her head with a smile.

Once upon a time, the term "nouveau riche" was so distant from them.

She had once imagined that if she had the opportunity, she would steadily build her career step by step, pouring her heart and soul into gradually growing stronger.

She never imagined such an absurd thing as investing hundreds of millions to acquire a technology company just to be a hands-off boss.

Hearing her words,

Ye Chen said seriously, "What do you mean 'not unlike a nouveau riche'?"