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Chapter 1143 Group Meeting

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    For three full days, each company reported one after another, with many highlights and many problems.

    For example, Royal Shipping successfully transported grain and sea, carried out maritime trade, and also provided logistics support for domestic trade. The three major businesses envisioned by Mr. Zhao have been successfully launched.

    However, insufficient transportation capacity has become a serious constraint restricting the company's development.  The fleet will need to expand rapidly for several years to basically meet all aspects of space demand, and this is assuming that the demand for shipping capacity does not grow too fast.  But how is that possible?

    Zhao Hao predicts that the demand for shipping capacity will increase at least tenfold in the next ten years!

    Therefore, for a long time to come, we still need to build ships at full capacity and go all out to train sailors.

    ??~~

    The biggest highlight this time is not from Royal Shipping, but from Jiangnan Textile Corporation.

    In order to support the various prefectures and counties in Jiangnan, Jiangnan Textile continued to purchase silk and raw silk for a whole year.  Now that the sea route to Japan has been opened, a pound of raw silk can be sold for eight taels for seven cents, and all kinds of silk can generally increase in value tenfold.

    ¡°The raw silk and silk stocked by Jiangnan Group are currently worth at least 40 million taels of silver!

    Liu Zhengqi, who made the report, said with regret that if he had known that the young master could handle sea trade so quickly, he would not have bothered to go around selling silk at low prices.  The result was not good, I only made one million taels for half of my hard work.  If they were all stored in the warehouse, it would be worth 80 million taels now

    The group won¡¯t blame him for this. After all, it¡¯s not a problem to have so much money pressed there.  Moreover, Jiangnan Textile has signed guarantee contracts with various counties and will continue to open up acquisitions next year.  If they can't all hoard it, Jiangnan Textile's debt will exceed 10 million taels, and the financial pressure will be too great.

    ¡° Stable operations should never be criticized, so the Three Conferences still gave Jiangnan Textile a very high evaluation.

    And in addition to the silk weaving industry, they have also completed the integration of Jiangnan cotton textile industry.  With all the 40,000 spinners of the Xu family returning to the Jiangnan Cotton Spinning Company, 70% of the entire Jiangnan cotton spinning industry is in the hands of the Jiangnan Group.

    This is very important, because the future prospects and industry contributions of the cotton textile industry will far exceed those of the silk weaving industry!

    Without it, just measure it.

    ??~~

    Another bright spot is Jiangnan Porcelain Industry.

    With 02 Institute basically mastering the key technologies of glass production.  Xishan Island Research Center invested in technology and jointly established Jiangnan Glass Company with Jiangnan Porcelain Industry, and set up a glass factory on Xishan Island.  At present, it has entered the stage of trial production and trial marketing, with four glass kilns opened, blowing 1,000 pieces of glassware and pressing 1,000 pieces of glass plates every day.

    The main limitation is that there are too few skilled craftsmen. Glass blowing and glass pressing require skills. Even if the masters do not hide their secrets and openly train apprentices, they will have to blow for a year and a half before they can take up the job.

    But this small amount of output has already brought considerable profits.  In the past, the glass and glassware on the market in Ming Dynasty were all Western products.  Because glass is fragile and difficult to transport, it has been sold as a luxury product, with prices ranging from tens to hundreds of taels.

    Now that Jiangnan Group can make glass, the quality is better than that of Thai and Western products, and the price is half the price. As soon as it was put on the market, it naturally aroused enthusiastic pursuit.

    Even though the price was only half that of Folangjiren, the high profits still shocked the senior executives who listened to the report.  It has only been on sale for a quarter, and it has already completed sales of 3 million taels and made a profit of 2.9 million taels

    "Why are sales and net profit so close?" Lu Kuang, vice chairman of the Inspection and Supervision Commission, asked in confusion.

    "This is top secret." Bai Liang, chairman of Jiangnan Porcelain Industry, said slightly embarrassed.

    They have an agreement with the research center and cannot disclose the production details of the glassware even to the senior management of the group.  Even all workers cannot leave Xishan Island for life.

    In fact, Bai Liang only knows that this is because the cost of producing glass is extremely low, but as to why it is so low, even he, the chairman, does not know.

    At this time, Zhao Hao, who was sitting in the dim light of the evening, came to Bai Liang's rescue and said: "Glass technology must be kept secret for at least a hundred years, so don't embarrass him." Because a hundred years later, the secret of Italian glass manufacturing will be revealed.  Cracked by other European countries.

    "Yes." Lu Kuang hurriedly responded respectfully, and the others also kept their mouths shut.  At the group meeting last year, they had some doubts about the size of Mr. Zhao¡¯s stall.  But listening to the reports in the past few days, it has been proven time and again that Mr. Zhao is much smarter than them all.

    ¡° Moreover, the profit margin of Jiangnan Sugar Industry is almost as good as that of glass. Of course, this is also top secret and cannot be asked or discussed Everyone can only think that Mr. Zhao has once again turned stone into gold.

    In addition, Jiangnan Dyeing also handed over a beautiful gift to the group.Three of them are shareholders of the group.

    "Shareholders of Jiangnan Group, how important are these six words? No need to say more, right?"  That is definitely ten times and a hundred times stronger than the original identity of the nine people!

    The identities of the nine families are shady, but the shareholders of Jiangnan Group are upright and highly respected.  It is the guarantee of their entire family¡¯s status in Jiangnan and even the Ming Dynasty. How much do you think it is worth?

    ??Besides, with such a large expenditure this year, so much money can be divided.  After two years, the group is completely on the right track. After the master's plan has seen results, what's the point?

    Not surprisingly, their descendants will become one of the richest people in Jiangnan and even the Ming Dynasty just by relying on the group's dividends.

    The three of them unanimously made up their minds, and after returning home, they established their ancestral precepts and strictly prohibited future generations from selling the group's shares!  (Remember the website address: www.hlnovel.com
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