I want to be emperor

Chapter 628 Hantian Machinery Company Selling Iron Pots
Because of the uneven distribution of spoils in the Nanyang War, it actually triggered a new round of confrontation between the army and the navy in the spring of Chengshun 16. The army and the navy fought hard, but the wind was loud and the rain was small, which made many people who eat melons a little bored up.

You can't be serious when you fight back and forth, so it's a fart, it's better to watch the new year's oiran competition on the Qinhuai River. Watching the young ladies twisting and turning is not much better than watching those warriors playing with their mouths .

And some people who really pay attention to current affairs did not focus on the trivial matter of the army and navy, but on the recent diversion of the Yellow River, which has become very powerful.

After more than ten years of survey and many preliminary preparations, the first phase of the Yellow River modification project has started in the 13th year of Chengshun.

After three years of construction, the first phase of construction has been completed. In fact, the construction in this phase did not divert the course of the Yellow River, but mainly focused on the construction of the flood discharge area for the new river channel and the flood control facilities of some original river channels. In terms of construction, it is mainly to strengthen the dam.

And starting this year, the Great Chu Empire will start the second phase of the Yellow River diversion project.

The construction at this stage will widen, straighten, and reinforce the dams on a large scale of the original river channel, so as to ensure that the dams along the way can withstand the pressure of the flood after a large amount of water from the Yellow River influxes in the future, especially the scheduled inflow. In the direction of Haikou, a large-scale river channel construction project is required.

The second is to start building various aqueducts on a large scale so that in the future, a large amount of river water will be introduced to places that need water resources for irrigation.

At the same time, these diversion canals are also part of the canal network, which can navigate some small-tonnage flat-bottomed boats, and build an inland river transportation network by the way.

This stage of the project is expected to take about five years, and once it is completed, in principle, the new river channel has the ability to meet the water of the Yellow River, and the rest is some finishing work.

The entire Yellow River diversion project will last until about 22 years of Chengshun, and various constructions will continue to be carried out in the future to ensure the safety of the new channel and even some Yellow River channels in the Central Plains and the effective use of the water resources of the Yellow River.

The impact of the Yellow River diversion project is huge. It can not only curb the continuous flooding in the Jiangbei region and the Central Plains, but also bring sufficient water resources to the North China Plain so that the local area can obtain more water resources and more land. Get watered.

In addition, the Yellow River diversion project itself will also create a huge number of jobs and wealth!

Especially after the start of the second phase of the large-scale project, a large number of domestic enterprises are staring at it, trying to get a share of it.

These matters of vital interest are more attention-grabbing than the quarrels between the army and the navy.

Under such a big wave, the second phase of the Yellow River diversion project has also started smoothly. On the long river, tens of thousands of people will be involved in the construction at the same time. All regions, such as Jiangbei Province and other regions, share the finances.

Of course, taking responsibility does not mean that a huge amount of funds can be allocated in one go now.

These funds are basically coordinated and arranged by the Yellow River diversion project team in Jinling, and entrusted to the Ministry of Finance to issue national bonds to raise funds. In the future, the national treasury and local finances will gradually repay the debt...

Even for a country as large as the Great Chu Empire, if it wanted to carry out such a huge project as diverting the Yellow River, it would need to mobilize a large amount of private capital to participate, and it would not be able to come up with so much cash on its own finances alone.

It’s not that there’s really not that much money, but that money has a predetermined purpose. Military expenses and various administrative expenses, as well as support for industrial and commercial development, education, infrastructure construction, and many other expenses need to be spent, so it’s hard to spend extra. A large sum of tens of millions of Chu Yuan came.

Therefore, we can only borrow money first, and then slowly repay it to raise money.

This is not the first time that the Great Chu Empire has engaged in national debt. During the Unification War, even when Huguang was squatting, the Great Chu Empire tried to issue national debt, but the effect was not very good at that time.

The first issuance of national debt was not effective, and the second issuance of national debt was slightly better after the Great Chu Empire occupied Jiangnan.

However, few ordinary people bought the series of national bonds issued during the Unification War, and basically only interested groups who had already set foot on the ship of the Great Chu Empire would buy them, such as those officials and related businessmen.

They buy national bonds basically to show their loyalty, especially those officials, who buy them according to their own quota according to their rank and position...

Of course, the official group does not buy much... If you buy more, you have to explain where your money came from?
On the whole, it is still carried out in a way similar to fundraising!

The main force to buy national debt is those businessmen who are related to the interests of the Great Chu Empire, and they are not buying the interest on the national debt, let alone as an investment, they simply regard the national debt as the apportionment of the Great Chu Empire's version...

As for apportionment, traditional merchants in China are very familiar with it. If you open your mouth, as long as the amount is not too exaggerated, beyond the range of cognition, and the number is reasonable, they will not talk nonsense with you at all, and just pay for it...

But after the unification war ended, the people saw that the empire had completely changed. The most important thing was that the Great Chu Empire really gradually cashed in its due national debt and paid the corresponding interest.

The public's trust in national debt is truly established, and then national debt is treated as a financial product for investment preservation.

Although the interest rate of national debt is not high, it is better than stability!

Banks have the risk of bankruptcy, and there is no interest for saving money in the bank these days... This is the bank of the Great Chu Empire. If it is a bank in other countries, such as the bankers in Italy, you can save money and pay it back. Charge you a storage fee.

But as for the national debt of the Great Chu Empire, you can treat it as a time deposit with interest.

Moreover, the fiscal revenue of the Great Chu Empire is extremely high, so there is no need to worry about solvency at all.

People's thinking is, I'll just buy tens of hundreds of national bonds, and the empire's central fiscal revenue is more than 1 million, no matter what, I won't lose my little money!
If it doesn't work, you can still borrow new debts to pay off old debts!

You see, people even think of ways to repay their debts to the authorities...

As for the risk of complete bankruptcy, it can basically be ignored. After all, the Great Chu Empire has just been established and is still rising at a high speed. According to the traditional concept, there is at least one or two hundred years of national fortune.

Even if it is unlucky, it should be able to last for decades.

Therefore, the risk of buying these three-year, five-year, and ten-year treasury bonds is very small, which is less risky than depositing in a bank.

Under such circumstances, the national debt of the Great Chu Empire has truly opened up the market, without the apportionment and donation attributes of the past, and has become a financial investment product.

Because national debts are fixed-term, the principal and interest will not be paid before maturity, but considering that after people buy national debts, they will need money urgently in case of something, so the national debts of the Great Chu Empire are also divided into registered and registered debts. Bearer two types.

Both types of treasury bonds are tradable.

Registered treasury bonds are generally large-value treasury bonds, which are basically purchased by rich people or investment institutions such as enterprises. To change the ownership, you need to go to the provincial branch of a central bank that issued the registered treasury bonds for change registration.

Unregistered treasury bonds are simple. You can recognize votes but not people, and you can trade them yourself, or you can go to the treasury bond trading centers of the provincial branches of the central bank to trade them.

To some extent, this is also the first officially recognized and organized financial investment product in the Great Chu Empire that can be traded freely.

So evolved to the present, the national debt of the Great Chu Empire can be used directly as a large amount of cash to a certain extent.

The successful issuance of national bonds in the past few years has also allowed the Great Chu Empire to raise more funds for investment in some basic projects, and even some large-scale industrial projects.

For example, the Ministry of Industry entrusted the Ministry of Finance to issue and raise industrial treasury bonds, which provided a great boost for a series of industrial layouts of the Ministry of Industry in recent years.

Industrial investment is a thing that costs money, especially in the heavy industry where official capital focuses on investment, it is like a gold-swallowing beast.

Any project can cost hundreds of thousands of Chu Yuan at every turn, and many even need millions of Chu Yuan.

For example, Jiangnan Machinery Co., Ltd., which is led by the Ministry of Industry, is a machinery company focusing on the field of large and super-large equipment. At the same time, the company is also the core enterprise that undertakes the mass production plan of steam engines in the future.

Another example is Jinling Precision Instrument Co., Ltd., which is a company that focuses on ultra-precision instruments and mainly provides various precision mechanical equipment for research and development in various industries.

The Ministry of Industry has also engaged in a lot of similar projects, and the Ministry of Industry and Industry in almost every industrial field in the world has been involved, and the heavy industry has invested heavily.

Many of these investments are not purely factory construction, equipment procurement costs, but more research and development costs.

For example, Jiangnan Machinery Company is responsible for the mass production of steam engines in the future. However, many materials and processing techniques used in the steam engine project under development are innovative, and many of them are products that currently exist in the laboratory.

What Jiangnan Machinery Company has to do is to conduct research and development on these new materials and new processing techniques independently or jointly with other manufacturers.

So Jiangnan Machinery Company is not just a machinery company, its core components include materials research institute, special equipment research institute and so on.

These few enterprises are only a small part of the official capital investment, and there are many similar projects and enterprises in the Great Chu Empire.

At present, the Ministry of Industry has accumulated investment to establish 50 super-large enterprises with an investment amount of more than one million yuan, and more than 100 large-scale enterprises with an investment amount of more than [-] yuan.

As for the investment of less than 50 yuan, it is basically not directly led by the Ministry of Industry, but is invested internally by various large and super-large enterprises, or invested by local official capital.

In the past ten years, the direct investment of official capital in the industrial field has reached more than 1 million Chu Yuan.

This only counts the direct investment of the Ministry of Industry, and does not include the investment of government-run enterprises using their own profits or conventional bank loans.

What is this concept?It is as much as the annual central fiscal revenue of the Great Chu Empire today!

Naturally, these investments cannot all be financed. Although the Great Chu Empire has provided great support in the industrial field, it is impossible to spend so much cash for direct investment.

These investments are official direct investment in the early stage, and in the middle and later stages, they are multi-pronged. On the one hand, they rely on loans provided by several banks such as Finance Bank, and on the other hand, they issue industrial treasury bonds (this part can actually be regarded as loan).

It can be seen that industrial national bonds and bank loans have become important boosters for the industrial development of the Great Chu Empire!
Of course, the direct investment of the Ministry of Industry (including various local industrial departments) can only serve as a booster, and the real investment in the industrial system still needs to be promoted by the major government-run enterprises themselves.

They either use their own profits or conventional bank loans to invest in construction.

Not to mention bank loans, this is a routine operation!

It is worth mentioning the reinvestment of corporate profits, which is not rare, and even exceeds official capital investment and bank loans.

Regardless of the fact that official capital invests in heavy industries that seem to be slow to pay back, in fact, at present, government-run enterprises are still quite profitable, especially government-run enterprises in special fields, which are making money day by day.

For example, Daye Iron and Steel Company, Hantian Machinery Company, Dangtu Iron and Steel Company, Dangtu Machinery Company, Guangzhou Machinery Company and a series of companies focusing on the fields of mining, smelting, and machinery equipment are very profitable.

Especially Hantian Machinery Co., Ltd. has a long history and strong technology. The various types of textile equipment it produces occupy a considerable domestic market share, and there are no competitors in some high-end fields, and its profits are very high. rich.

There is also a product that is less eye-catching but more lucrative, and that is cooking utensils... In the eyes of the public, Hantian Machinery Company is not the most famous mechanical equipment, but their iron pans and other iron cooking utensils.

Hanguo, this is a dish that has been popular across the country in just over ten years, and even spread to Fusang, Nanyang, India Peninsula and other markets with many sea merchants. With its excellent quality and relatively low price, it can be said to be a killer Invincible all over the world!

Better than it, not cheap!
Cheaper than it, not as good...

If there are so many enterprises and countless products in the industrial circle of the Great Chu Empire, if there is one world-renowned brand, then it is 'Hanguo'.

As for cloth, the export volume is actually larger, but there are too many textile companies exporting cloth, and a global brand that is widely recognized by people from all over the world has not yet been formed!
Unlike in the field of cooking utensils, Hantian Machinery Company is a dominant company with markets all over the world... It is said that many manual workshops and blacksmiths engaged in cooking utensil production in indigenous countries have lost their jobs!

Why?

When Hantian Machinery Co., Ltd. develops a new market, it often adopts a low-price strategy. How low can this price be?It is cheaper than the price of purchasing iron materials in those indigenous handicraft workshops...

If it weren't for the special craftsmanship of Hantian Machinery Company's Hanguo, although the iron pan produced by its special process is of good quality, it is difficult to return to the furnace for reprocessing. Great for forging weapons.

In other words, the natives have no way to reprocess these iron materials, remove some impurities and then process them into weapons.

Otherwise, the natives would simply import these Han pots directly, and then melt them to make weapons.

The great success in the field of cooking utensils has also supported Handian Machinery's continuous reinvestment in R&D and production.

Therefore, in the minds of many domestic people and even the people of the world, Hantian Machinery Company is a seller of iron pots...

But in fact, Hantian Machinery Co., Ltd. is also the number one in the country in many fields of mechanical equipment, the one with both technology and market share.

Such as cotton spinning equipment, wool spinning equipment, various large-scale machine tool equipment with very high technical content, such as large-scale water conservancy boring machines, and more than 80.00% of domestic boring machines that manufacture guns are all provided by Hantian Machinery Company.

With leading technology and a large market share, profits are naturally indispensable. Therefore, Hantian Machinery Company has continued to invest in these years.

Especially in Songjiang, Guangzhou and Tianjin, the three major coastal port industrial cities, we have set up branches and built large-scale production bases. We have also set up several factories in other important cities in China where there are production conditions and market demand.

In addition, in order to maintain the leading technology, Hantian Machinery Co., Ltd. has invested extensively in the research and development of various messy technologies, especially in various high-performance materials.

After all, although Hantian Machinery Company is dubbed as a seller of iron pots, it is a serious high-tech machinery and equipment company that attaches great importance to new technologies, such as various knives used on machine tools!
In the past four or five years, Hantian Machinery Co., Ltd. has been obsessed with industrial knives like crazy... They are all thinking about making a knife head that can directly process high-carbon materials!
According to rumors in the market, the R&D team of Hantian Machinery Company in the field of knives has hundreds of people. These R&D personnel are all properly high-income people, and the minimum monthly salary starts from [-] to [-] Chu Yuan.

The salaries of these people alone exceed [-] Chu Yuan per year!
By the way, Hantian Machinery's research and development in this field has also made Hantian Machinery's other major category in the kitchenware product line, that is, kitchen knives gradually become famous...

It’s not as cheap and easy to use as iron pots, but it’s famous for its better performance and more expensive price…

In the spring of Chengshun 16, Hantian Machinery Co., Ltd. launched a high-end kitchen knife to the market, selling for more than 40 yuan each... making everyone who heard it think they were crazy.

Can you imagine that people in the 21st century spend their annual income to buy a kitchen knife?
Ordinary people in the 21st century could not imagine it, nor could the people of the Great Chu Empire in the [-]th century.

Other kitchen knives of the same high-end series are also not cheap, starting from a few Chu Yuans casually, and more than ten Chu Yuans for mid-level ones.

However, although this series of high-end kitchen knives is extremely expensive, the performance is really good!

Holding a high-end kitchen knife of the Hantian Zhizun series, you are holding a real treasured knife. Once you cut it, you will be willing to bow down to any famous sword or treasured knife.

The military's standard waist knife is not even worthy of carrying shoes for it!

Therefore, some generals of the military will also rely on their connections to find Hantian Machinery Company to customize sabers, sabers and so on.

Why are the kitchen knives made by Hantian Machinery so awesome?
Because... the materials used by people were originally intended to be used on machine tool heads, but the performance requirements did not meet the requirements. Based on the idea of ​​waste utilization, Hantian Machinery Company took advantage of the opportunity to create a series of high-end kitchen knives.

The kitchen knife was not made...instead, many military generals entrusted their relationship to make custom-made sabers and sabers. Then Hantian Machinery Company is also thinking, or simply apply for a cold weapon production and sales license, and then develop high-end sabers and sabers. The sword product series is ready... Make some pocket money by using some waste technologies in the process of developing new materials, and at least give some blood to the invincible tiankeng of material research and development!
Hantian Machinery Co., Ltd. fell into the tiankeng of material research and development and never returned. They don't know when they will get back up. This has also led to their annual R&D investment being really high.

In addition to the representative Hantian Machinery Company in the machinery industry, there is also the Songjiang Naval Shipyard in the shipbuilding industry, which is also a big profit maker among government-run enterprises!
Its earning power is stronger than the sum of the other four shipyards in the top five domestically, and more...

Thanks to the great support of the Great Chu Empire to encourage overseas trade, the navy is also continuing to expand its fleet, and this shipyard is the largest and most technologically advanced shipyard in the country.

This shipyard occupies most of the orders for warships of more than [-] tons, and Guangzhou Shipbuilding can only take a small head. As for another domestic government-invested Qingdao Naval Shipyard, it can't even grab a single order.

Qingdao Naval Shipyard has not been going well since it was opened. Various bad things happened one after another. For a while, the new factory caught fire, and the factory management team died collectively in a storm on the way to take office. Production accidents killed and injured hundreds of people.

All kinds of unlucky things are almost constant, and it has to happen for a while every year, which has also caused the construction progress of Qingdao Naval Shipyard to be seriously behind.

After finally being built, its technology has lagged behind other shipbuilding for many years, and the mechanical equipment originally ordered can no longer meet the needs of new technologies. Reluctantly made, but the performance is not good, and the cost is higher.

The technology is not good, and the cost is so high that in the field of warships, Qingdao Naval Shipyard can only live on orders for some frigates.

Even the orders for frigates are not as many as the Guangzhou Lishi Shipyard and Songjiang Luohua Shipyard with private capital... If it is not for the sake of being the son of the Navy, the Navy will simply give up this unlucky shipyard.

After all... the navy is also afraid of bad luck!

People who go to sea these days are still very superstitious, and the navy is no exception.

(End of this chapter)