2653 What is your development project?
Xianyang, Qin State.
"Look, the people of Chu have already set their sights on the stock market." Shang Wen looked at the telegram in his hand and said to Meng Yi.
"This is a very natural thing, the people of Chu, they just think about it. The aristocracy is bent on making a fortune, and when they see Zhao Guo and the Korean stock market rising so rapidly, they naturally feel itchy in their hearts. Meng Yi said.
"Hmm. In this way, it is a natural thing. Shang Wen nodded.
"But the matter on this telegram, I think it's a little strange, according to Fan Zeng's idea, it is to establish a stock trading center in Haicheng, but the idea of the noble councilor of Chu State is to directly establish a stock center in Pengcheng." Meng Yi said.
"What else is there to say, they are worried that if their stock center is set up late, they will not be able to make money. The idea of those noble councillors was very simple. Shang Wen said.
"Hmm. I get that. But Fan Zeng also had no choice. The threat posed to him by the Council of Chu was too great. Meng Yi said.
"Hmm. There is no way around this. Shang Wen said.
Zhao Guo, Handan. Prime Minister Li Mucheng's Mansion.
"Look at this. This is the report of the Handan Iron Works. Li Mu handed a report to Li Zuoche.
"What is this?" Li Zuoche asked curiously.
"This is the order received by the Handan Iron Works today, the order from the Korean carriage factory, not only that, it is said that there are also some military orders from the Qin army, mainly sold to the Yueshi people, the carriages of the Tocharian people, these carriages are mostly simplified versions of the carriages, some parts need to be manufactured in our place, such as, iron beams, spring plates, and simple steering machines, the bearing factory can already accept some simple bearings, these bearings are still relatively simple." Li Mu said.
"However, it is a great benefit for our machining, as well as the further processing of iron, and with these orders, we can do more." Li Mu said with a smile. The existence of these orders is indeed a big thing for Zhao Guo, after all, in addition to processing parts from shipyards, Zhao Guo can also process other parts. This is an industrial advance.
"Hmm. In that case, that's great. However, I think we should use this processing to expand a little bit and see where more iron is needed. Only in this way can our iron works play a greater role. Li Zuoche said.
"Hmm. However, I think the next step is to change the pattern. We have a Handan iron factory for production, that is, the production capacity has increased again, can we make all the iron factory business? Li Mu asked.
"This." Li Zuoche shook his head and didn't understand what Li Mu meant.
"We have a lot of money at the moment, and if we continue to expand, our production can indeed meet the demand, but it requires a lot of rail transportation, and as the distance drags on, our transportation costs will also increase, so our cost advantage will no longer exist." Li Mu said.
"So, we need to take that into account. We have some funds in the stock market this time, and at the same time we have introduced some technology, but in other regions, for example, Chu State, which is a potential market, they need more iron tools, but they don't have such technology, and at the same time, they don't have a lot of funds, but they have resources, and this is an opportunity, because they need a lot of iron tools, and we can cooperate in construction. Li Mu stood up and said.
"The next step is to help Yan State, Chu State, such a country, to establish an iron factory, we hold their shares, so that it is very beneficial to us, think about it, we have funds, technology, Qin people also have such things, they can invest in our Zhao State, then, can't we Zhao State have such an opportunity?" Li Mu said.
"So, we can still have such a competitive advantage." Li Mu said with a smile.
"I see. It's just that the people of the Qin State have such a technological advantage, can we have such an advantage compared to us? Li Mu immediately thought that since Zhao Guo could invest. The Qin state can also, and in comparison, the advantages of the Qin state are more obvious.
"Well, we can reduce the price, in terms of this choice, I think it is more likely that they will still cooperate with us, after all, the Qin people have a technological advantage and have a great appetite." Li Mu said.
"Hmm. Maybe it's an opportunity. However, our competitive pressure is also relatively large. Li Zuoche said.
"It's a lot of competitive pressure, we have to do this, think about it, with such a big competitive pressure we can grow, if only in Zhao State like this expansion, of course, can solve some problems, but in the long run, it is not conducive to our development." Li Mu said.
"Hmm." Li Zuoche nodded.
Qin State, Xianyang Wenyang Bank.
"Chairman, at present, we have sold a large number of shares of Zhao Guo's enterprises, and these stocks have helped us gather a lot of funds, which are enough for us to reinvest." Xiao He said.
"Hmm. Very good. Very well done. Yingyu said. Qinguo Bank, as well as stock companies and investment banks, hold a large number of shares of Zhao Guo's enterprises, because they have a large number of shares. As the stock market rose in Zhao, these banks gradually released a large number of stocks. This has been a huge reap for financial firms. The accumulation of these funds began to raise a new question, what is the new investment hotspot?
"It's just that we don't have a new investment hotspot at present, although the investment in the Western Regions is very attractive, but, I think, in the long run, we still need government and bank funds to do together, the current government funds are insufficient, not enough to deal with such things, and abroad, our competitive advantage is gradually disappearing, for example, holding a large number of shares of foreign enterprises, which is a competitive advantage for us, but not conducive to our long-term development." Xiao He said.
"What's your project?" Yingyu asked.
"My idea is to invest in companies that have future development prospects, after all, such companies are more risky, but it is because of such risks that we have the opportunity to develop, otherwise. We simply can't do it. Xiao He said.
"So those technology companies?" Yingyu asked.
"Yes, chairman, they have a bright future." Xiao He said.