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Chapter 2252 , Overcapacity economic crisis 2

"Your machines are indeed good. They are all the latest and most advanced machines. The investment is not small, right?"

Liu Jin carefully visited the factory. The factory in front of him was large in scale, equipped with advanced equipment, and the management was quite good. It was a pity that the current textile industry was a red sea, and profits had reached the lowest level and were very meager.

I had no choice but to use food to impact the global food market in order to achieve global control. The result was a significant increase in global cotton and wool production.

The huge increase in cotton and wool production also allowed the textile enterprises of the Ming Empire to operate at full capacity. The amount of cloth and clothes produced was much greater than before, and the textile industry suddenly went from the Silver Age to the Red Sea Age.

During the Ming Dynasty, there were too many textile factories, large and small, all over the country. It was really difficult to produce in the Red Sea without changing the business ideas and methods.

The best one here is the Caiyun Textile Factory of the Wang family of Wang Shouren. The Caiyun Textile Factory used mechanized production on a large scale from the beginning and made the first gold in the textile industry.

Then under the ideological guidance of Wang Shouren, Caiyun Textile Factory focused on the manufacturing and production of ready-made garments. Cloth production was only the initial environment of the textile industry.

In the past, everyone bought their own cloth and made their own clothes. Due to technical reasons, the equipment they made by themselves was often not satisfactory.

A very simple point is that most ancient clothes had large cuffs. This is not because clothes with large cuffs look good, but because the technology of making clothes is not good.

Wang's Caiyun Textile Factory specializes in garment manufacturing. With the rise of industry in the Ming Dynasty, a large number of people poured into the city and became industrial workers. People did not have the time and energy to make their own clothes.

As a result, garment manufacturing achieved great success and rapidly developed in Ming Dynasty. Caiyun Textile Factory also earned a second pot of gold in the textile industry.

Later, there were more and more companies making ready-made garments. Caiyun Textile Factory changed its thinking and focused on the brand and fashion fields. It hired professional designers to design clothes, shoes, etc., and the clothes it produced were the best-looking clothes.

It is also the most fashionable dress.

Caiyun Textile Factory has always been a leader in the clothing of Ming Dynasty people. This golden brand name of Caiyun Textile Factory is also recognized by everyone, and it has opened specialty stores all over the country.

The clothes inside are much more expensive than other people's clothes, but everyone still recognizes Caiyun Textile Factory's brand, quality and fashion, and its sales are better than other clothes.

In addition, Caiyun Textile Factory also focuses on the field of sporting goods. Shoes are another major product of Caiyun Textile Factory. Many football matches in Ming Dynasty basically use shoes produced by Caiyun Textile Factory.

This has also made Caiyun Textile Factory the most recognized brand among young people in Ming Dynasty. Even though it is expensive, it is still selling well.

While countless companies like the Jinyun Textile Factory in front of us are struggling in the Red Sea, Caiyun Textile Factory is living a very comfortable life.

Caiyun Textile Factory, which pays attention to brand, quality and marketing, has always firmly occupied the position of the leading textile enterprise in Ming Dynasty. Its annual output value is huge, astonishing, and its profits are extremely high.

"Mr. Liu has a keen eye. These machines are indeed not cheap. They are all the latest machines and are textile machinery produced by Jingcheng Machinery Factory."

When Xie Yunshan heard this, he smiled and nodded.

"Jingcheng Machinery Factory?"

When Liu Jin heard this, he immediately smiled. This is also his own industry. Jingcheng Machinery Factory has always been the leader in the field of Ming Dynasty machinery, specializing in the production of various machinery and research on mechanical power technology.

Machinery in the textile field is only part of the business. Now the Jingcheng Machinery Factory mainly produces various machine tools, engines, and researches new machinery.

It has always been renowned in the industry for quality first, performance first, and first-class service. It is the favorite partner of Daming people. Although the machines of Jingcheng Machinery Factory are not cheap, you get what you pay for, and everyone prefers it.

Trust in Jingcheng Machinery Factory.

"Well, your production capacity looks very good."

Liu Jin nodded slightly, thought for a while and said.

"Mr. Liu, I am not bragging. Our Jinyun Textile Factory is definitely the most advanced factory now. The production capacity is absolutely guaranteed. We can satisfy any quantity of goods required."

When Xie Yunshan heard this, he immediately patted his chest and promised. In his heart, he was secretly looking forward to the fact that Mr. Liu in front of him could place a big order for him.

"How much does your cloth cost per piece?"

Liu Jin nodded slightly, thought for a while and asked.

"Don't tell lies in front of real people."

"The rule in our textile industry has always been that the more you take, the cheaper the price will be."

"My prices here are definitely lower than those of my peers."

"I can give you 70 Wen per horse if the horse is less than 50,000 horses, 68 Wen per horse if it reaches 100,000 horses, and 65 Wen per horse if it exceeds 200,000 horses."

Xie Yunshan pondered for a while, and after thinking about it, he came up with a price.

At this price, Xie Yunshan's profit is actually very low, but it is still profitable.

Although the efficiency of machines is now much higher than before, labor is much more expensive than before. Generally speaking, the cost price of cloth still remains at the previous price of about 50 yuan.

Of course, Xie Yunshan is a brand-new machine and is expensive. If the depreciation of the equipment is included, his cost exceeds 60 yuan. Only by selling more than 60 yuan can he make some profit.

"Your price is not cheaper than the same price. On the contrary, it is more expensive."

"As far as I know, in some overseas vassals and colonies, the price of their cloth can be less than 60 yuan."

After Liu Jin heard this, he thought about it and said.

"Sir, it seems that you are also an insider and know very well."

"There are indeed people overseas who can do it for less than 60 yuan, but the machines they use are not as good as mine, so the quality of the cloth they spin is naturally not as good as mine."

"The other thing is that they use slaves to weave. These slaves can weave any good cloth. The girls I hire here are all girls from Nanyun Province. They are very clever and can weave any pattern they want."

When Xie Yunshan heard this, he immediately complained secretly. The master in front of him was not someone to be fooled. He actually knew about the affairs of overseas colonies and vassal states.

The Ming Empire did not allow the existence of slaves. Even female slaves were often bought home as concubines and maids. After all, the existence of female slaves was only allowed for the reproduction and expansion of the Ming Dynasty's population.

Male slaves were not allowed to enter the Ming Empire. There were only a large number of castrated male slaves in the plantations here in Nanyang.

But overseas vassals and colonies are different. Each colony and vassal state has different laws and attitudes towards slaves.

Some colonies and vassal states allowed the keeping and use of slaves, which attracted many textile companies to move there and use a large number of slaves to weave.

The cost difference between using slaves and hiring Ming people is really too big.

Buying a slave only costs a few dozen taels of silver, and it can be used for a long time in the future, but to hire a Ming Dynasty man, you have to pay at least more than 100 taels of silver a year.

Smart capitalists are of course very clear about the gap.

The cloth produced by these overseas colonies and vassal states also quickly impacted the local textile enterprises of the Ming Dynasty, making the market that was already a Red Sea even more miserable.

You must know that even companies like Jinyun Textile Factory cannot achieve a price below 60 yuan, but other cloths spun by slaves can easily do so, and can even be sold for less than 50 yuan.

"Haha, that's true."

When Liu Jin heard this, he also smiled and said.

Look at the female workers in the textile factory in front of you. This is an extremely beautiful scenery. There are so many beauties here in Nanyun Province. If you pull one out at random, they are all great beauties.

There are many women in this textile factory, which is very pleasing to the eye when you look at them.

"Do you still have a lot of goods left in your warehouse?"

After laughing, Liu Jin thought for a while and asked.

"Forehead"

After hearing Liu Jin's words, Xie Yunshan and his son Xie Feng looked at each other. The Mr. Liu in front of them was really difficult to deal with. They must have found out their own details clearly.

It may not be easy to make money from him, but as long as you can sell the cloth, recover funds, and maintain your factory, you will still sell it even if you lose money.

"It seems that sir knows very well. Mr. Dissatisfied, there is indeed some stocking in the warehouse. This is mainly for big customers like sir."

"Large customers want a lot of goods at one time, and they have to be in a hurry. If there is no certain inventory, they will lose the big customers."

Xie Yunshan smiled and said, in order to cover up his true situation. If people knew that his inventory was very large and the goods could not be sold, the price would be very high.

"As far as I know, the entire textile industry has entered a cold winter."

"I have visited many textile factories, and almost every factory has a large backlog of inventory. Many factories have completely stopped working, and some have even gone bankrupt and are selling off their machines."

"It's just that now, it's hard to sell the machines. Unlike before, there were always people taking over those machines."

Liu Jin looked at Xie Yunshan and smiled and said, explaining the current situation facing the textile industry.

Now the Ming Empire has begun to experience overcapacity, which will lead to signs of an economic crisis. The biggest problem among them is the textile industry, which has serious overcapacity.


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