Even Li Hui, a hardcore military fan, didn't expect before crossing over that even the Jiyuan, which escaped twice in history and became the biggest shame of the Beiyang Naval Division, has quite good quality of officers and soldiers.

Although Fang Boqian was both timid and greedy, he had an excellent assistant first mate Shen Shouchang who actually acted as the captain.

As a matter of fact, the authority of the first mate on the 10 main warships of the Beiyang Naval Division is very large, and not only is it mainly handled by them in peacetime all kinds of affairs, but also when necessary, they can take the place of the pipe band and command the whole ship.

For example, in the Battle of Dadonggou, the Zhenyuan was stabilized because of the help of the first mate Yang Yonglin to come forward and take over the overwhelmed after the flagship signal flag was destroyed, and the whole ship was commanded to stabilize the situation

The Jiyuan has quite excellent personnel quality, not to mention other warships. In fact, if only the training is good, the current Beiyang Naval Division not only surpasses the Japanese Navy, but even its own master, the British Royal Navy. Although this was mainly due to the fact that the British Navy, which had not been able to find an opponent for a long time, fell into the excessive pursuit of "aristocratic style" in the middle of the late nineteenth century and neglected actual combat training (because the training deck at sea would be full of soot, and the officers and men were very disgraced). But considering that China is still a completely backward agricultural country, even if this ranking is flooded, it is enough to show how hard the officers and men of the navy have worked

Now, with Li Hui's help, the most scarce supply of ammunition for the Beiyang Naval Division has been solved, and the training level has been greatly improved compared with before.

Moreover, with the continuous research and development success of system technology and the continuous growth of financial resources, the military supplies that Li Hui can provide to the Beiyang Naval Division have become more and more abundant in both types and quantities

In order to avoid arousing suspicion, the venture capital company had a limit to selling at a low price, and Beiyang would have to wait at least until the next year to start buying, but Li Hui came up with a way to deliver first and pay later to solve this problem.

According to this year's experience, even if there is no further increase in the funds of the Beiyang Navy Division in the coming year, it will still have at least 8,900,000 taels of silver to trade with venture capital companies, which will be enough for the Beiyang Navy Division to purchase a batch of 150mm caliber blasting shells, spare parts for maintenance, and high-quality coal, and even have the spare energy to complete some warship refit plans that were temporarily shelved in 1893 due to lack of money.

Who knew that even so, Lao Li was still worried about being impeached by the officials, so Li Hui had to continue to use his brains and let the venture capital company set up a warehouse directly in Weihai, put the goods in it first, and wait for the new funds to be allocated after the Spring Festival next year, and the Beiyang Navy Division could directly pick up the goods nearby, which could buy a few precious months before the outbreak of the First Sino-Japanese War.

Anyway, he is not short of money, but he lacks a person who can not be caught by Qingliu in the name of pigtails to use it on the Beiyang Naval Division, under the guidance of Li Hui, a future person, Lao Li's ability to exploit policy loopholes has obviously risen

In any case, this problem has finally been solved, although the high-quality coal transported cannot be used for the time being, so as not to be found and grabbed by the people of Qingliu, but with this hole card, the Beiyang Sailor will no longer save the inferior coal in the inventory, and use up the coal just to replace the coal, so the frequency of queue training has increased greatly

All this made Li Hui deeply gratified, but the advance investment in the production of these materials using the system had to be paid by himself, and he could not get the first payment until at least the Lantern Festival in 1894, which was undoubtedly a big test for his cash flow.

Fortunately, after entering the second half of 1893, Li Hui already had a stable source of wealth, and even if the hundreds of thousands of taels of silver could not be returned for a long time, it would not affect the overall situation.

Speaking of which, this financial route actually has no technical content, but it is just a little hard-earned money from running and shipping in East Asian waters during the interval of the Weihaiwei base in the past three months, but the income is really expensive

Although he knew something before the crossing, it wasn't until the venture capital firm actually started shipping that Li Hui fully realized how profitable it was to run shipping in East Asia at the end of the 19th century.

Take coal as an example, even if the coal from Kaiping is dumped wholesale after it is transported to Shanghai, the price is at least five times higher than that of the place of origin, and in many cases it may even be more than ten times higher, and the cost of sea transportation is always the lowest (at the end of the nineteenth century, it was only about one-fifth of the railway, and the railway was only one-third of the dirt road). One can imagine how high the profit margin is, and it is no wonder that the poor management of the steamship China Merchants Bureau can actually make a lot of money.

Normal shipping has such staggering profit margins, how much more so that venture capital firms still sell high value-added goods such as the new steam engine (at the level of productivity of East Asian countries at the end of the nineteenth century, of course)?

And because of the system, not only is the cost low, but also directly near Weihai to let Li Hui ship to ship, and then to North Korea, Jiangsu, Zhejiang and even Japan sales, the voyage is greatly shortened, and the freight is naturally also greatly frugal, so that the cost is reduced to an unbelievable extent, which is difficult not to make a lot of money!

The cargo ship of the venture capital company, which said that it was going back to Europe to get the goods, was going back and forth in the East Asian seas, and then as soon as it arrived in three months, the ship would immediately come to the Weihaiwei base with all kinds of materials urgently needed by the Beiyang Naval Division.

Fortunately, the countries of East Asia are still very backward today, even Japan, and the speed of information transmission and population movement is far from comparable to that of later generations, and it is almost impossible for anyone to show up at the ports where the Daystar docked more than once during this time.

Of course, walking too much along the river will still get your shoes wet sooner or later, but Li Hui asked the venture capital company to run short sea trips to make quick money just to complete the original accumulation as soon as possible, and he would not have done it forever, so what is there to worry about?

Relying on this almost cheating way to make money, Li Hui only relies on one cargo ship (if there is more than one ship, Li Hui will have a lot of trouble delivering the goods, in order to avoid consuming too much time and encountering accidents, Li Hui can only endure the pain and make less money. In just half a year, he earned a net profit of more than one million taels of silver. With this capital, Li Hui built seven new bulk carriers of the same type as the Qixing at the end of 1893 in order to send enough coal to Weihaiwei as soon as possible.

From now on, Li Hui will no longer let venture capital companies make quick money in the East Asian seas, with today's scale, even if he honestly goes to the ocean, the profits will not be small, and there is no need to continue to risk gangs