Chapter 1116 The Gilded Age of Empire (Second update, please subscribe)
If you can't win, then curse him. Maybe that's why they gave those people this "Napoleon".
Which Napoleon is this in Bolivia?
The Napoleon of Paraguay directly ruined the country's men.
This one in Bolivia...
All right!
Perhaps, this is fate.
Wellington, who is a good winner, prefers losers. No, misfortune befell another "Napoleon" once again.
People, sometimes you have to trust your fate!
Therefore, no matter what China does, it will pay attention to auspiciousness. There will definitely not be a general in China who is proud to call himself "Zhao Kuo".
Everything must be auspicious.
Just like Montevideo, it was the capital of the Republic of Uruguay on the east coast and the provincial capital of Uruguay Province in Brazil. After it was merged into the Ming Dynasty, it was renamed Daxing and became the provincial capital of Hebei Province.
Daxing in the north of the river.
"Yes, Manager Du, so from an investment perspective, the converter requires less investment and is more efficient, so the rate of return will naturally be higher."
For banks, the most profitable thing is not loans, but investments. By investing in industrial companies, banks can get extremely generous returns. Now, after twenty years of development, Daming's commercial banks have long formed a mature set of
In the banking investment system, banks will certainly not miss out on such a good project.
"I will ask the lawyer to prepare a complete contract, and we will sign the contract in the next two days."
Although he is a banker, Du Bokang also has a certain understanding of steel.
In the manager's office of Daxing Branch, Li Pingcai looked at the bank manager Du, who was currently looking through the planning book.
Look at what auspicious names there are.
"And there is no steel company in the whole of Hebei. Once Daxing Steel is built, it will definitely become the only local steel company. Just in the local market, it can absorb the entire production capacity of Daxing Steel. And with the empire's expansion of the Peru-Bolivia Federation,
After the occupation, the empire will inevitably build a large number of local railways in the next step. Railways also require a large amount of steel. Coupled with urban infrastructure, now is the time to invest in the steel industry!"
Du Bokang asked curiously.
"This is indeed a very impressive number. Since it is so efficient and impressive, why do other steel companies rarely use it?"
"Indeed, it is true that the open-hearth furnace is widely used in the empire. After all, the open-hearth furnace was invented by our Ming Dynasty, and the open-hearth furnace is suitable for all kinds of pig iron, and there are many types of steel grades and many advantages, so it is naturally more valued."
"Second Young Master Li."
Moreover, the Li family's iron factory is also a well-known local enterprise, so there is no need to worry about providing loans to them. Moreover, you can see at a glance that the return on investment is very high.
When going downstairs, Li Pingcai muttered to himself.
"Daxing Commercial Bank Daxing Branch can subscribe for 30% of your shares! In addition, it will provide a loan of no less than 400,000 yuan!"
Although this city is only separated from Yingtian Mansion by a river... it is far less prosperous than Yingtian, and even has a population of only a few hundred thousand, but it is far more prosperous than some small cities in the mainland.
After thinking about it, Du Bokang said.
"However, due to various considerations such as production costs and products, we chose the Bessemer converter with higher production efficiency and lower production costs. A 6-ton Bessemer converter can produce 30,000 tons of steel per year. The new plant has
With two 10-ton converters, the plant can produce 100,000 tons of steel, and its cost per ton of steel is 25% lower than that of an open-hearth furnace."
Du Bokang said in surprise.
"Compared with open-hearth furnaces, Bessemer converters have higher technical requirements. For example, the forward use of Bessemer converters requires precise coordination with upstream and downstream processes and rich chemical knowledge. Bessemer converters require a large amount of materials.
Processing has led to more demand for products from other production processes. Therefore, the use of converters requires very high requirements for engineers. In comparison, the requirements for engineers for open-hearth furnaces are relatively low. Of course, its biggest problem is that it produces less steel grades.
, can only refine a few types of steel such as ordinary carbon steel or manganese-containing steel, but even this is enough."
"25%?"
"It's indeed enough. After all, ordinary steel is used to build buildings and manganese steel is used to build railways, and these two types of steel are the most versatile. In this way, the converter is also sufficient."
"Why do you use Bessemer converters? If I remember correctly, most of the imperial steel companies use open-hearth furnaces."
Li Pingcai explained.
"What a cunning guy."
Du Bokang thought for a moment, and then said to the young man in front of him,
However, this kind of scene only occurs in the main urban area, especially the southeastern district, which has the largest concentration of European immigrants. However, the most prosperous area in Daxing is the new west district.
White people in suits, cars running on the streets, and old European-style buildings can be seen everywhere. They don't look much different from European cities.
After leaving Manager Du's office, Li Pingcai walked through the lobby of the office on the second floor. When he went downstairs, he grinned all the way.
"What you said is indeed true. This is indeed an opportunity. If we seize this opportunity, we will definitely make huge profits in the future."
When the words fell, Du Bokang glanced out the window. This city really needed a steel company belonging to him. A steel company is never a simple steel company, it will also drive related downstream and ancillary industries, whether from
From the perspective of local development or bank development, investing in steel companies is indeed a good option.
Looking at Manager Du who was thoughtful, Li Pingcai continued.
Daxing Commercial Bank is a European-style palace building that once belonged to a shipping company. It was acquired by the local bank a few years ago and became its bank headquarters. This building looks quite solemn.
It was the Xinfa District built after the empire occupied Daxing, with row upon row of high-rise buildings, billboards filled with entertainment, various cars running on the wide avenues, residential areas with unique scenery, and villas inhabited by nearly 100,000 Chinese immigrants.
"This is because compared to the open-hearth furnace, which does not select raw materials, the converter is only limited to blowing pig iron with low phosphorus content, so its use is restricted. However, a few years ago, Europe launched an alkaline converter, which can produce converters with high phosphorus content."
"20% of the equity plus a 600,000 yuan loan. Manager Du, you know, you are not the only ones willing to invest in the steel company. There are many people in Daxing who are willing to invest. If you give the bank 30% of the equity, then there will be
A lot of people will be disappointed."
Li Pingcai thought for a while and then said.
His answer made Manager Du nod in agreement.
"Indeed, I was negligent."
However, in any case, the investment has been negotiated now. With the bank's investment and loans, there will no longer be any funding problems for the construction of the steel company.
"Okay, our Li family will have our own steel company in the future."
He believes that as long as he seizes this opportunity, the Li family will be able to rise to become a giant. In fact, this is also the most distinctive feature of this era. As long as he seizes the opportunity, everyone is likely to succeed. Even conjoined couples.
No one among them knows what kind of era they are living in.
This era is the "Gilded Age" of the Ming Empire, and he arrived quietly and unknowingly...
(End of chapter)
This chapter has been completed!