Who can stand up first?

Chenghuang Temple, one of the places to go to Shanghai for the first time. From here to the Bund, this old city is a real "old Shanghai". Some people lived as early as the Tang and Song dynasties. In recent decades, it has not been developed. The Lujiazui on the other side of the Huangpu River was brilliant, but the residents of Lane here still lived in the pavilion.

Unexpectedly, the Feng Shui treasure in Shanghai will usher in the transformation of Zhejiang people.

Guo Guangchang is from Dongyang, Zhejiang. He came to Shanghai to study in Shanghai in the 1980s and saw the "Shili Ocean Field". He wrote an article on his personal public account: "I had such a small wish at that time. If I could work on the Bund every day in the future, how good it would be."

Foreigners can be in Shanghai, especially the Bund to have a place, which is a sign of this metropolis.

In 1992, Guo Guangchang returned to Shanghai after the wall of Hainan, founded Fosun with his college classmates, and started real estate in 1994, that is, the later Fuxi Group.

Anyone knows more about real estate than medicine. In 2001, Guo Guangchang acquired the listed company Yuyuan Mall and took a solid step for "working on the Bund". In the past ten years, Fosun has gradually increased and developed multiple business segments such as steel, mining, and finance, but the idea of ​​rooting on the Bund has never been interrupted.

In 2017, after more than 20 years, Guo Guangchang finally moved Fosun headquarters to the BFC Bund Financial Center.

Subsequently, he stared at the plot of Fuyou Road next to the Chenghuang Temple, the oldest city with the largest living density of the old Huangpu people in Shanghai.

On September 1st, information on the official website of Shanghai Land Exchange showed that the "Fuyou Road Project" eventually remembered the wholly -owned subsidiary of Yuyuan Co., Ltd., which was held by Fosun Group, and another wholly -owned subsidiary of Ant Group, a subsidiary of Zhejiang people, Shanghai Yun Yan won.

The official did not disclose the amount of land acquisition, but according to the land price near Yuyuan, it took at least 50 billion yuan to win this land.

On the second day of the publication of the land, Fosun Pharmaceutical opened the board of directors. Fosun Hi -Tech, the company's controlling shareholder, announced that because of "its own business plan needs", it will reduce holding 3%of Fosun Pharmaceutical's shares, cash out about 3 billion yuan.

After the news was announced on September 7, Fosun Pharmaceutical's stock price plummeted.

Having said that, Guo Guangchang was still kind. Like other bosses, he reduced his holdings hundreds of millions of yuan to "improve personal life", at least spending on the company's operation.

Although 3 billion is astronomical, it is also a cup of money compared to 50 billion. To realize the dream of "rooting the Bund", Guo Guangchang needs more money. Some media statistics have been that the Portwear has reduced its holdings of about 10 billion yuan this year.

Presumably it is for the company's operation.

The predicament of the real estate industry is nothing new, and the medicine sector is also experiencing the worst winter in the past three years. Who can get up first? Guo Guangchang may have the answer.

Over the past year, Hengrui Pharmaceutical has lost more than 300 billion market value with his own efforts, and Fosun Pharmaceutical has fallen by more than 100 billion market value. It can only prove that the situation is stronger than people. It really responds to the words of Sohu CEO Zhang Chaoyang: "Don't work too much, the direction will hurt the body."

However, the situation may change soon.

On September 8th, the dental implant collection plan that has been regarded as a flood beast has been exposed. The relatively loose price reduction has relieved the dental and ophthalmology industry. The shadow of the collection has been dispersed.

Recently, the National Medical Insurance Bureau has expressed the meaning of innovative drugs and innovative enterprises many times, and it is said that there will be support of medical insurance. These are obvious favorable information.

But industry confidence can not be repaired by several documents. To restore capital, scientific research, public opinion, and market enthusiasm, all parties need to work in each other to jointly create a vigorous development environment in the industry.

Everyone expects the pharmaceutical industry to stand up quickly.

#### Guo Guangchang#

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