At the Caiyun Textile Factory in Beijing, Wang Shouren, who had just returned from Japan not long ago, came to his home textile factory to take a look at the situation in the textile factory during this period.
Caiyun Textile Factory was originally just a textile factory opened by Wang Shouren for comparison. At that time, it only invested tens of thousands of taels of silver.
Who knew that the production efficiency of Caiyun Textile Factory would undergo earth-shaking changes due to the bold adoption of new looms and spinning machines from Jingcheng Machinery Factory.
Because it is the first textile factory to adopt new technologies, Caiyun Textile Factory is very efficient. In just over a year, Caiyun Textile Factory has now become the largest textile factory in the entire Beijing-Tianjin region.
It employs more than 50,000 people, owns tens of thousands of new spinning machines and looms, and can weave tens of thousands of pieces of cloth every day. It is truly a super hen that lays golden eggs.
The Wang family originally just asked Wang Shouren to play with tens of thousands of taels of silver, and they didn't really expect Wang Shouren to do anything.
Who knew that such a huge textile factory could be built.
Now Caiyun Textile Factory has become the most important industry of the Wang family, earning huge profits of millions of taels of silver for the Wang family every year.
In the huge workshop of Caiyun Textile Factory, the machines are constantly roaring, and the female workers in uniforms are skillfully operating the machines to spin and weave, and are very busy.
While Wang Shouren watched carefully, he also chatted with Wang Gui and Wang Xian beside him.
"How is the situation in the textile factory recently?"
Wang Shouren looked at it and asked.
"Master, everything is fine."
"It's just that our cloth is very popular. Now many trading houses have sold our cloth to Japan and Korea. Many trading houses that went to Nanyang not long ago also purchased a large amount of cloth and sold it to the Nanyang region."
"If the market in the Nanyang region also expands, our cloth will be in short supply in the future."
Wang Gui and Wang Xian are the managers of Caiyun Textile Factory and members of the Wang family branch.
They obeyed the advice of Wang Shouren in front of them. This factory belonged to Wang Shouren, and the current Wang Shouren was also quite impressive.
This time, the imperial court was victorious in the expedition against Japan, and all the soldiers who went on the expedition received awards.
Liu Jin was granted the title of an earl. Although Wang Shouren was not ennobled, he was promoted two levels and is now a full fifth-grade official. In addition, he is a member of the Hanlin Academy, and he was ranked second in last year's imperial examination. His future prospects are very promising.
Infinite.
In the Wang family, Wang Shouren's father, Wang Hua, was the number one scholar, and now he is the Young Master of Zhan Shifu. In the future, there will be no problem reaching the rank of Six Ministers, and it is also possible to enter the cabinet.
Now coupled with Wang Shouren, as long as the Wang family does not rebel or anything like that, basically there will be no problem in continuing their wealth for decades.
Wang Hua, Wang Shouren and his son are absolutely indispensable for the prosperity of the Wang family. People from other branches like them can also follow their rapid rise.
"How are other textile factories in the Beijing-Tianjin area doing?"
Wang Shouren nodded slightly. After all, he had been immersed in studying the textile industry for some time. With his intelligence and intelligence, he could basically learn everything at once, and he also had a very deep understanding of the textile industry.
"Everyone's situation is similar to ours. The demand for cloth in the market is very high, and our goods are in short supply. Now everyone is expanding production on a large scale."
"Last month, the Sangong Textile Factory here in Beijing invested in the construction of the largest textile factory now. It needs to employ more than 100,000 people and has tens of thousands of machines."
"This month, here in Tianjin, Zhang's Textile Factory also invested in building a large factory employing more than 80,000 people."
"In addition, there are other factories, large and small, that employ tens of thousands of people, and there are even more textile factories with thousands or hundreds of people."
Wang Xian on the side said quickly.
"So many people are setting up new factories?"
When Wang Shouren heard this, he couldn't help but frown.
Wang Shouren, who had studied the market, immediately felt that things were not going well. There were too many new factories opening, and competition would become fierce.
On the one hand, after the production capacity is greatly increased, these cloths will definitely be unsaleable. On the other hand, the price of raw materials will skyrocket because more people are demanding raw materials.
"Yes, business is really good~"
"These new spinning machines and looms are so fast. In the past, the price of a piece of cloth was about 200 wen, but now we don't even need 80 wen."
"The fall in most of the cloth prices has also allowed everyone to afford more cloth, and the sales volume of this cloth has also increased significantly."
"Everyone has seen the profits and tasted the benefits, so they are investing in large-scale factories."
Wang Gui nodded and said.
"Then this is going to be troublesome. No wonder Liu Jin emphasized the need to open up overseas markets very early. The cloth output has increased significantly. If we, the Ming Dynasty, can absorb it alone, it will definitely be unsalable by then."
When Wang Shouren heard this, he immediately frowned.
He realized an extremely serious problem. Once so many new factories are put into use, the price of raw materials will skyrocket, and the cloth produced will be unsaleable. By then, the price will drop, and the profits will be unlimited.
If the compression continues, losses will most likely occur.
"The master has already said that he is going to build another big factory back home in Zhejiang. Labor in the Beijing-Tianjin area is really too expensive now. Two taels of silver a month and three meals are included. This is really too expensive. The key is
Sometimes we can’t recruit anyone.”
"It's different in our hometown in Zhejiang. One tael of silver a month is enough to recruit people, and then you can have tens of thousands of taels of silver left a month."
"And the products here in Zhejiang are better sold. We are from Jiangnan. Everyone takes care of our business, so it will definitely be better."
Wang Xian on the side didn't seem to notice Wang Shouren's worry, but continued.
"No, we can't build new factories for the time being."
When Wang Shouren heard this, he immediately shook his head and said.
"Master, why is this?"
"The master has already prepared the money, and is also ready to place an order to buy machines from the Jingcheng Machinery Factory. The machines from the Jingcheng Machinery Factory are very popular, if it weren't for the close relationship between the young master and Mr. Liu Jin.
Well, the other party may not be willing to sell it to us."
Wang Xian asked full of doubts.
"Yes, Master~"
"This textile factory is very profitable. If we don't open more new factories now and make more money, our Caiyun Textile Factory may not be able to maintain its position as the number one textile factory in Beijing and Tianjin in the future."
"Once the Sangong Textile Factory is built with a workforce of 100,000 people, we will not be able to maintain our number one position. By then, the business will be taken away by others."
Wang Gui on the side also said, in their opinion, the position of the industry leader must be maintained. When it comes to business, many people like to do business with big manufacturers and brands.
Caiyun Textile Factory can achieve its current status precisely because Caiyun Textile Factory is the largest textile factory in the Beijing-Tianjin area, with high output, good quality and reasonable prices.
In addition, the reputation of the Wang family and his son is recognized by everyone, so even if it is the same cloth, the cloth from Caiyun Textile Factory will sell better.
"We can't expand any further. If we expand further, the price of this cotton will definitely increase. And this cloth, who will we sell it to then?"
Wang Shouren shook his head and said.
Hearing Wang Shouren's words, Wang Gui and Wang Xian were also slightly startled, and then suddenly realized something.
"Yes, the price of cotton has also been rising. Last year, it was less than 100 Wen, and now it has risen to 150 Wen. If all these factories are open, the price of cotton..."
Wang Gui seemed to realize something, and he couldn't help but said: "Oh, we need to collect some cotton quickly. The more the better. Our big factory is doomed if we suddenly don't have enough cotton."
"We just built the factory last year, and it seems that this piece of cloth can still be sold for 150 yuan. As more and more factories are added, the price of our cloth is getting lower and lower, and now it is less than 100 yuan."
"this……"
Wang Xian couldn't help but said.
The two of them were responsible for managing the Caiyun Textile Factory. Now after seeing Wang Shouren, they immediately understood why Wang Shouren said that no more factories could be built.
There are more and more factories, and the supply of cotton on the market will definitely exceed demand. Then the price of cotton will definitely rise. As more and more cloth is woven, the price will definitely fall further.
The market is still booming now, but once supply exceeds demand, everyone will enter into a price war. By then, profits will become extremely thin, and you may even have to sell at a loss.
If we continue to invest in building larger factories, the situation will become even more serious.
Thinking of this, sweat broke out on both of their foreheads.
"We can't expand production anymore, otherwise we will definitely die miserably. If there is no cotton and the cloth cannot be sold, it will be in vain."
Wang Shouren nodded, but he began to think of countermeasures rapidly in his mind.
"Wang Gui, please purchase and stockpile as much cotton as possible. The more, the better~"
"Wang Xian, if we don't invest in building new textile factories, we can learn from the Tianjin Garment Factory and specialize in making finished clothes. Even if the cloth is unsalable, as long as the clothes we make are good-looking and popular enough, then our
We don’t have to worry about selling the cloth, and if a large amount of cloth becomes unsalable, we can lower the price and purchase the cloth to make clothes.”
After thinking about it, Wang Shouren quickly thought of two methods, and then gave instructions to Wang Gui and Wang Xian.
He followed Liu Jin and knew many industries under Liu Jin's command. He knew how to deal with it after just a little thought. If nothing else worked, he would always know how to learn from Liu Jin.