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Chapter 1002 Governor Jiang

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    Xuzhou Hengtongji, in the luxurious living room on the second floor.

    "Everyone, please think about it, has the Jiangnan Group made one tael of silver since its establishment?"

    After hearing Song Xiaoming¡¯s words, all the bosses couldn¡¯t help but stare dumbfounded.  Although everyone is in Nanzhi, Xuzhou and Jiangnan are completely different worlds.  Their understanding of Jiangnan Group is limited to hearsay.  However, it is unbelievable that such a large business has never made any money.

    "I know this is too sensational, but it is the truth." Song Xiaoming said solemnly: "I have been following them closely for more than half a year, and I can tell you responsibly. The so-called genius of the world, Mr. Zhao, is just a great success.  , He¡¯s just a liar who doesn¡¯t care about life and death! He let Jiangnan Group start more than a dozen companies at the same time, all of which are in the stage of burning money, and they haven¡¯t made a penny yet!¡±

    Shopkeeper Song Da gave his conclusion first, and then continued to the stunned Qianzhuang Yinhao pawnshop owner:

    "Their expenses are ridiculously high. This can be easily checked. Let me give you a simple calculation From last year to now, they have built a total of 350 miles of levees in Kunshan. Even if they have cement  , the stone is also our own. But for such a big project, the horse chews and light industry auxiliary materials are not a small sum, and they also paid the laborers afterwards. We can¡¯t get it without spending two million taels!"

    "Hiss" The bosses gasped, thinking that a stone embankment of 350 miles would normally cost 10 million taels, right?  Can Jiangnan Group repair it with two million taels?  Isn't this too scary?

    Seeing that his words had the opposite effect, Song Xiaoming coughed and continued:

    "And they didn't ask Kunshan County to pay. They only asked the county to lease abandoned and flooded land to them for a long time, and then they recruited homeless people to cultivate it. Such a clumsy way of making money meant that they not only failed to recover the cost, but also lost more money.  The cost is at least five hundred thousand taels."

    "In addition, they also used the same method to build a hundred-mile seawall in Chongming County, spending at least one million taels."

    ¡°They are still in Shanghai County, acquiring nearly one million acres of saline-alkali land in Pudong, which is another one million taels of expenditure.¡±

    "Also, after the civil unrest in Suzhou last year, the boy named Zhao took advantage of it and started buying silk, but it would be good if he could sell half of it. The rest is all backlogged in the library, which is at least another two million taels."

    ¡°After hearing the news, all the prefectures and counties in the south of the Yangtze River appealed to him one after another, hoping that he would also buy their silk. The boy named Zhao did not refuse anyone who came.

    According to the latest news, more than half of the 61 prefectures and counties in the ten prefectures in Jiangnan have signed underwriting contracts with them.  Although the payment was not settled until the end of the year, the deposit of 100,000 taels for one county had already been paid.  "

    "That's another three million taels" The boss was so dizzy after hearing this. Isn't this Jiangnan Group too terrifying?  This is money being poured out like water!

    "In addition, in order to manufacture thousands of materials for shipping, they also placed orders for one million taels from Longjiang Bao Shipyard and Suzhou Shipyard. They also sent a county seat in Chongming County, less than 200,000 taels. They are still in Suzhou  They have opened more than a dozen academies, hospitals, and schools at all levels, and they can't afford to pay even three hundred thousand taels. Not counting the cost of building their headquarters and paying the workers, the total cost has already come to one thousand taels.  One million taels of silver!"

    "Wow" there was an exclamation in the living room.  "Spending so much money?!"

    "Of course. That guy overestimates his ability and carries the whole of Jiangnan on his shoulders. Despite the superficial glory of his Jiangnan Group, it is actually supported by the money of Jiangnan Bank!" Song Xiaoming sneered:

    "Why doesn't he dare to publicly issue stocks to make money like Xishan Company? Because then the income and expenditure situation cannot be concealed. If people knew that he spent more than ten million taels a year but did not earn a single tael, what would happen to those people?  If shareholders and creditors have to eat him alive, who will buy his shares?!"

    The bosses couldn¡¯t help but nodded, which also solved a question in their minds.  Why did Mr. Zhao not follow the same method and let Jiangnan Group issue stocks?  They missed Xishan Company, but they don't want to miss the Jiangnan Group car again

    Only now did I realize that this was a hearse.  Fortunately, he didn't come, otherwise he would have gone straight to the underworld.

    The bosses happily wiped away their sweat and asked: "How much silver do they have in stock now?"

    "Wuji Bank, the predecessor of Jiangnan Bank, has deposits of three to four million taels. Although they have been crazy about saving deposits recently, after all, time is still short. They can only have 20 million taels at most." Song Xiaoming answered in a deep voice.  road.

    Jiangnan Group is a private company and will not publish financial statements to the outside world. The operating status of Jiangnan Bank is highly confidential.  Song Xiaoming tried his best, but could not find out their real details. He could only estimate the figures based on experience and his own losses.

    ?He knows how to use swords, guns and sticks in case he is robbed and unable to resist.

    Although the safety of the bank is responsible for the security team dispatched by Jiangnan Security Company.  However, Jiang Dou still urged his men to practice martial arts continuously. It is always good to have a little more insurance.

    Governor Jiang¡¯s kung fu was acquired when he was a pirate, but he was the accountant on the ship and his hands were never stained with blood.  In the past few years since landing, I have been able to maintain my current strong physique due to my hard work.

    ?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? The little apprentice Oh, now call the temporary workers, they've already prepared him face wash and green salt for brushing his teeth.

    After washing, President Jiang went to the outside room to have breakfast with the vice president and three managers.

    The three managers were all his former subordinates, and are now in charge of the three major businesses of savings, exchange and silver bills.

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