Chapter 630, the end of the year summary of each industry
In the capital, as the envoys from various countries have finished paying tribute, the end of the year has suddenly arrived, and the new year will soon be ushered in.
The entire Beijing-Tianjin area is also shrouded in a kind of joy and looseness before the New Year.
Because many industrial leaders under Liu Jin and factories, workshops, etc. throughout the Beijing-Tianjin area have followed suit, there will be annual leave and year-end bonuses during the Chinese New Year.
The annual leave is generally fifteen days, seven days before the new year and eight days after the new year. The half-month leave allows everyone to go home to celebrate the New Year.
Year-end bonuses are determined based on their respective performance. Of course, it mainly depends on whether the employer is generous or not.
Many industries under Liu Jin's command have not yet reached the Chinese New Year, and the year-end bonuses have already been formulated. From top to bottom, everyone has a share.
Let’s not talk about the above management. The year-end bonuses of some managers are astronomical figures for ordinary people, such as the heads of major factories, the heads of Ryukyu City, etc. The year-end bonuses of these people are just random.
They all have several thousand taels of silver.
It is said that Li Yuanshan, the person in charge of Ryukyu City with the best performance, can get almost tens of thousands of taels of silver in his year-end bonus.
Tens of thousands of taels of silver is nothing to rich people, but to ordinary people, this is absolutely an astronomical figure.
Most of these managers were ordinary people at first. Because they were diligent, studious and hard-working, they made outstanding achievements and took up management positions.
Being able to receive such a generous reward made everyone in Liu Jin's many industries extremely excited.
Like Li Yuanshan, the person in charge of Ryukyu Castle, this year is the year Ryukyu Castle really breaks out.
Ryukyu Castle not only cultivated a large amount of fields and built large-scale plantations, but also built several new cities in Ryukyu Castle.
In addition, Li Yuanshan also adopted a new business model. Ryukyu City recruited a large number of poor people from all over the Ming Dynasty to reclaim land and plant rice and sugar cane in Ryukyu.
Ryukyu City purchased their sugar cane and then boiled it into white sugar for sale. At the same time, it also established sugar factories in various plantations in Nanyang to specifically purchase sugar cane from Nanyang plantations and boil sugar, thereby monopolizing the entire cane sugar industry.
Major trading houses opened plantations in Nanyang. It was very simple for them. They only needed to plant sugar cane and then sell the sugar cane to the Ryukyu Sugar Industry.
Although you will make less money this way, the technology of making snow sugar is in the hands of Ryukyu Sugar Industry. The sucrose you make yourself is simply not comparable. It is better to just sell it to Ryukyu Sugar Industry, which is simple and hassle-free.
The Nanyang region has abundant water and heat, fertile land, and very cheap labor. As a result, each plantation has made a lot of money. In fact, it is as simple as enclosing a piece of land and opening it up to plant sugar cane. From then on, the money poured in.
Many commercial banks that have experienced the benefits also held shareholders' meetings during the Chinese New Year, calling all the owners behind them to discuss how to continue to expand their planting scale next year.
Sugar has always been something that only the truly rich and nobles can enjoy, and its price is very high.
Even though the existence of Ryukyu Sugar Industry has caused the price of sugar to drop again and again, the price is still very high.
But the sales are very hot.
Not only is the sales booming here in the Ming Dynasty, but Korea, Japan, and other Southeast Asian countries all have a very strong demand for sugar. The snow-white snow sugar is almost comparable to porcelain, silk, and tea.
Even for the herdsmen on the grassland, this snow sugar has become a necessity for them. Drinking tea without sugar every day is completely soulless.
The Ryukyu Sugar Industry earned more than 20 million taels of silver in the thirteenth year of Hongzhi's reign due to Li Yuanshan's management. The reward of 10,000 taels of silver to Li Yuanshan was nothing at all.
The largest owner behind the Ryukyu Sugar Industry, His Royal Highness Crown Prince Zhu Houzhao even personally visited Li Yuanshan once and rewarded him with some things.
Everyone likes people who are so good at making money.
Earning 20 million taels of silver a year, such a terrible profitability can be called terrifying.
When Emperor Hongzhi received the annual report, he couldn't help but sigh.
Why didn't I realize that this money could be so profitable before?
In the past, those who were digging and digging could only accumulate more than one million taels of silver in ten years. The tax money of the Ming Dynasty's treasury in a year was less than three million taels of silver.
Now the Ryukyu Sugar Industry is just an industry. After all, the family of Emperor Hongzhi (well, including the prince's shares) can get nearly ten million taels of silver.
As various industries were approaching the end of the year for settlement, Emperor Hongzhi's internal funds were exhausted and he could no longer store them. He had no choice but to deposit them all in the First Bank of the Ming Dynasty. Anyway, there was interest in it, and money could generate money.
The industrial profits of Emperors Liu Jin and Hongzhi, the princes, and the generals and noble groups were all very prosperous.
Ryukyu Sugar Industry has the best performance, but the performance of other industries is actually not bad.
Like the First Bank of the Ming Dynasty, its business now not only covers the two capitals and thirteen provinces of the Ming Dynasty, but also flourishes overseas. It has even opened business in Korea, Japan, and Nanyang.
On the one hand, it absorbs deposits, and on the other hand, it lends money. Just by earning the interest difference, the First Bank of Ming Dynasty also made tens of millions of taels of silver this year.
Of course, everyone knows that making money is not the most important thing for Daming First Bank now.
It now not only controls the currency issuance rights of the Ming Dynasty, but also penetrates into North Korea, Japan and Southeast Asia, making silver coins and banknotes popular.
Forget about silver coins, they are basically losing money. Silver coins cast have fire consumption, and the fire consumption in this era is still extremely severe.
The really powerful thing is the banknote, this thing is terrible.
It is essentially just a piece of paper, but because it can be exchanged for equivalent silver dollars from the First Bank of Ming Dynasty, it gradually spreads into circulation.
It is naturally much more convenient to use banknotes than silver dollars. At the beginning, people were afraid that the First Ming Bank would run away, so their acceptance was not high.
However, as the business of Daming First Bank continues to develop, branches are spread across various regions, and using banknotes has become very simple and convenient.
The long-term excellent reputation and super anti-counterfeiting technology have also allowed it to circulate quickly. Not only merchants and traders in the Ming Dynasty are using this banknote, but even ordinary people are now using this banknote.
When it comes to issuing banknotes, Liu Jin originally did it based on currency, so unlike those banks and the like, a banknote is worth hundreds or thousands of taels.
The banknotes of the First Bank of the Ming Dynasty are one tael, two taels, and five taels. The largest one is only one hundred taels, which is very convenient for circulation.
Ordinary people can also use and access it.
Of course, most people still like silver dollars. This thing looks real, but banknotes always feel a bit empty.
But businessmen like banknotes very much. Carrying silver is heavy and tiring when going out to do business. It is much more convenient to carry banknotes. Anyway, there are branches of Daming First Bank everywhere, so you can just go and exchange them for silver dollars.
The circulation of banknotes in the Ming Dynasty was also accompanied by the merchants of the Ming Dynasty. The trading houses spread to Korea, Japan and Nanyang, and were slowly accepted by people in these places.
This thing is the most valuable thing of the First Bank of Ming Dynasty. After its status is confirmed, it can easily plunder wealth by issuing paper bills every year.
Of course, Liu Jin would not kill the goose that lays the goose to obtain the egg. Liu Jin also repeatedly stressed to the owners of the First Bank of Ming Dynasty the importance of this thing and must not let it turn into paper, otherwise he would be the one to lose the most.
In addition to the First Bank of Ming Dynasty, Tianjin Shipyard, Glass Factory, and Miyun Iron Works are also hens that lay golden eggs. Especially Tianjin Shipyard, it is also very profitable.
A large ocean-going ship sells for more than 200,000 taels of silver. The key is that you still need to queue up. The orders are full and have been received for several years.
The trading houses that have made money are eager to own hundreds or thousands of ocean-going ships now, so the orders are very stable, and it is not just Tianjin Shipyard that has good performance.
Although the technology and quality of the shipyards run by others are not as good as those of the Tianjin Shipyard, their business is also very prosperous. The Zhang Shipyard of the Zhang brothers, Queen Zhang's two younger brothers, has now become the most important industry of the Zhang family.
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Even though the technology is not good and the quality is not very good, it is very impressive.
When the Tianjin Shipyard went to open a new plant at the mouth of the Liaohe River in Liaodong, they followed. When the Tianjin Shipyard went to Songhu to open a new plant in Ryukyu, they followed.
The Zhang brothers are also talented people. They have no ability themselves, but they can learn from others. The Tianjin Shipyard offers high wages, and they also follow the high wages. Their wealth has allowed them to hire a lot of shipbuilding talents.
Tianjin Shipyard has opened several branches one after another. The scale of investment is getting bigger and bigger, and more and more people are being recruited. In addition, the wages of Tianjin Shipyard itself are very high.
Under such circumstances, Tianjin Shipyard still made a profit of almost 15 million taels of silver to the owners behind it in a year.
Shipbuilding is a huge profit!
There is no way. If you want to make money overseas, you can't do it without a ship. The ships of Tianjin Shipyard are the best ships. Everyone trusts them and likes them. There are many orders.
Especially after the big families, big businessmen, big landowners, and big gentry in the Jiangnan area of the Ming Dynasty slowly got on track, they became even more proactive in the overseas expansion of the Ming Dynasty.
There is no other way. If we don't work hard, the northerners will eat up all this, and then there will be no share for them.
In the second half of the thirteenth year of Hongzhi, it was not only the Beijing-Tianjin region in the north that continued to exert its efforts, but also the Jiangnan region in the south, and even Guangdong and Fujian began to exert its efforts. The most popular one was ocean trade.
