The social significance of the company's cultural ideas

Pegasus put forward the culture concept "all shareholders, coexistence and common prosperity, life-long benefits", which is not utopian. With the global industrialization of the company's three major industries of new drug development, clinical medicine, preventive medicine, the company will develop specific measures to implement. The corporate culture concept and implementation model have great social significance:

1. The pioneer of social justice

"Spreading wealth" is the human's dream since entering into the human civilization for thousands of years. In the history there have been many attempts on spreading the wealth around, including deprivation through violence, and the trial of non-violence (Owen's "harmonious commune" in England in 19th century, Fourier's "Franci" in France). With the development of society and the progress of human reason, the deprivation through violence is more and more impossible to happen again, however, the Owen's failed peace experiment in 19th century, under the conditions of the current and future technological advances and socialization production, is most likely to achieve.

Spreading wealth is not to abolish private ownership, because private ownership economically reflects the selfishness of human nature, as long as there is selfishness, private ownership cannot be eliminated. Since modern times, some countries failed in the attempts on the elimination of private ownership. On the other hand, private ownership under the conditions of socialization production, gradually become public ownership in the operation. The government regulates the gap between rich and poor through taxes and social welfare policy. From the macro point of view, society is moving in the direction of more equitable.

However, from microscopic point of view, not every private business will voluntarily follow the trend of fair, they are rather being pushed by the trend instead, or even not voluntarily – but must comply with mandatory regulations. The company's cultural concept of "All shareholders, coexistence and common prosperity, life-long benefits", is not only voluntary, but also ahead of the current social welfare policy, it can be said, following after Owen and Fourier, it is a meaningful attempt on social change.

1.1. Creating new ways of decoupling employee profit sharing from capital

In general, dividend is the concept corresponding to capital. But the profit sharing with the company's employees is not linked with the capital, but linked with a combination of factors, such as the staff ranks, the contributions, and the years of services. This has a great social significance: the regulation of profits distribution is not based on capital, while profits distribution based on capital is the golden rule to pursue in the profession of economics.

1.2. Profit sharing with employees is more conducive to business operations than dispersion of shares
     
Private company presents employees shares, which is a fair trend of modern society, is socially progressive, and is also conducive to mobilize the enthusiasm of the staff. The employees hold shares and participate in dividends on shares, which is still within a capital dividend area. The dispersion of shares has also negative side that it will affect the concentration of decision-making and efficiency. The company's profit sharing with employees is not on the premise of shares dispersion, which will be beneficial to the company's efficient operation and development as a whole.

1.3. Being reference for other companies

The company is a private company, headquartered in the capitalist North America, but its chairman was born in China and accepted Chinese-style education since childhood. He has years of experiences of doing business and starting enterprises in China, understanding the Chinese society very well. After immigration to Canada, he started enterprises in the capitalist society of North American, also has developed a deep understanding on capitalist society form. The combination of both experiences led him think how to make a way for the peace evolution from capitalism to socialism.

In the strategic development, Pegasus is positioned as "get bigger and stronger; get into the list of brands of large companies in the pharmaceutical industry; achieve annual sales of more than 10 billion U.S. dollars". Hopefully through its own evolution, a good corporate image can be established not only for Chinese enterprises, but also for the reference for European and American traditional capitalist enterprises.

China has experienced 30 years of economic reform, introducing market economy, supporting private sector development, but is still at a very immature stage. Pegasus' cultural ideas and practices can be reference for the Chinese private entrepreneurs. East side and west side converge and promote the socialization of global capitalism together.

2. The form of future society is the direction of Pegasus' research and development

Pegasus predicts the future "biological information society", like the concept of corporate culture "all shareholders, coexistence and common prosperity, life-long benefits", is not imagined, but derived from the basis of existing technology and social trends.

2.1. Human technological progress is accelerating, and biological information society is not far away

From the development history of human society, the period apart between the previous representative technological revolutions was accelerating from long to short:

From walking upright to the Stone Age, millions of years;
From the Stone Age to the Bronze Age, hundreds of thousands of years;
From the Bronze Age to the Iron Age, about 5,000 years (6,000 BC - 1400BC);
From the Iron Age to the era of steam power, around 3000 years (1400BC- 18th century);
From the age of steam power to electricity and telecommunications era, about 150 years (the mid-18th century to early 20th Century);
From the electric power and telecommunications age to the information technology age, over half a century (early to middle 20th century);
Predicting from this trend, the new biological information technology era is not too far away, maybe only decades.

2.2. The combination of biotechnology and information technology is Pegasus' pharmaceutical technology development direction

Pegasus is at advanced level in biotechnology world, and the peptide array technology and chips are unique. In the future, the company will closely monitor the trend of information technology micromation, and will try to integrate computer chips and bio-chips, which technically is not impossible. If this technology is mature and can be industrialized, a material and technical basis will be available. This will promote the rapid transformation of human society.

3. Establish a good corporate image

At a practical level, the implementation of the concept of culture is a manifestation of Pegasus' social responsibility, and will establish a good social image for the company.

Human society must be engaged in productive activities in order to survive and develop. In modern society, the enterprise is the basic unit of human activity. From the view of the society perspective, all enterprises provide all means of livelihood for human life; from the view of individual enterprise, it provides a source of livelihood of employees. The overall level of civilization of human society is formed by a combination of every enterprise's civilization. Building good corporate culture, letting employees live at ease, heightening production enthusiasm, and promoting social and economic development, are among every enterprise's social responsibilities.

Of course, objectively, each enterprise's operating might be either good or bad, and subjectively, enterprises are willing or unwilling to take social responsibility. Some companies are reluctant to increase benefits to employees, but turn the burden to the social; this is clearly not responsible. Pegasus' profit sharing with employees, providing pension security is socially responsible for its employees and the society, and will establish a good corporate image.