"Darling, this arsenal...... Is it profitable? ”

Song Meiling's beautiful eyes seemed to be closed, she wore a nightgown, leaned on the sofa in the bedroom, and held a small fold tightly in her hand. There was also a cup of steaming milk on the coffee table, and the smell of fragrant milk filled the bedroom.

There was silence in the bedroom, and Lao Jiang was already lying on the spacious mahogany bed, hanging his head and making a drowsy appearance. Suddenly, I heard my wife ask if the arsenal makes money? The drowsy head didn't react for a while, and only after a while did he reluctantly reply: "It should be...... Make money, right? This matter has always been in the hands of the Luo family, where do I know so much? Anyway, as long as I can send a steady stream of guns and ammunition to my army. ”

Should it make money? Well, can this answer be used as a basis for investment? Song Meiling opened her eyes and looked at the small fold in her hand. That's the passbook where she saved her private money, probably with hundreds of thousands of private money, most of which are gifts received from the "Century Wedding"!

"Hmmm! Darling, what are you asking this question for? Lao Jiang reacted at this time, his eyes suddenly shot at his wife like electricity, and asked: "Could it be that Luo Fuwen wants to change the arsenal into a joint venture between government and business?" This is too messy, isn't it? ”

"Is it a mess?" Song Meiling glanced at Lao Jiang and said with a smile: "Didn't you just say that as long as you keep sending guns and ammunition to your army?" By the way, how much guns and ammunition does your army buy in a year? ”

Lao Jiang frowned, thought hard for a while, and then remembered: "This year's budget for arms procurement is 130 million, and next year's 105mm heavy artillery will definitely be more than 200 million, and the year after tomorrow will ...... I'm afraid it's more. Speaking of which, this arms purchase is really expensive! ”

Song Meiling nodded and muttered, "120 million to 200 million, this deal seems to be very big!" Tomorrow, I went to find the statement and studied it carefully, and the investment still needs to be cautious, which is all the belongings of the people. ”

……

Of course, arsenals make money, and there is no more lucrative business in the world than arms trafficking, not even drug trafficking. Now the Ishii Arsenal is the cash cow of the Ministry of Armaments, and the annual profit is still growing rapidly, and it is a high-quality asset with both stability and high growth! Why do you need to raise commercial shares for such a good asset?

Chen Guangfu just shook his head: "I don't understand, I really don't understand......"

Luo Yaoguo sat opposite him, crossing Erlang's legs, looking leisurely. With a smile on his face, he looked at the most outstanding banker in the Republic of China era. The heart said that you Chen Guangfu have historical limitations! I can't figure out such a simple truth. Can't good things be taken out for stock raising? Good things naturally have good prices, and the better the asset, the more you need to increase investment so that it can grow faster? Which of those high-tech enterprises in the United States did not develop at a high speed by raising a large amount of funds with the help of the capital market?

"Brother Guangfu, I'll think about the things I don't understand later, you can estimate the value of the arsenal first, you can handle this matter." Luo Yaoguo smiled slightly, stretched out his right hand, and made a gesture of counting the money.

Chen Guangfu also smiled, no longer drilled the horns, and analyzed the value of the arsenal for Luo Yaoguo, he smiled: "Last year, the income of the arsenal exceeded 100 million yuan, and the net profit was 20 million yuan, and this year, according to the estimate on the report, it was 130 million, and the net profit was at least 25 million, and next year it was said that there was a Min-16 light field gun to be mass-produced, and more than 700 units would be sold in a year, and this alone would cost 40 million!" This arms business...... Envy the dead! It is estimated that next year's net profit will be 50 million yuan! This factory can be estimated at 400 million to 500 million! If 20% of the shares are released, there is no problem in raising 100 million yuan. The major banks in Shanghai alone can eat it. By the way, Brother Fuwen hasn't answered my question yet, why should such a good asset be changed to a commercial office? ”

Looking at Chen Guangfu's puzzled expression, Luo Yaoguo smiled mysteriously: "If we release 20% of the shares, we can get 100 million into the account, and if this 100 million is taken to earn interest, it will naturally not be cost-effective." But what are we going to reinvest? For example, investing in steel mills and building a number of mines. If we invest 100 million, can we recruit the same number of commercial stocks? That is 200 million, and then leverage 200 million credit, is there a problem? That's 400 million! If you have to wait for the budget of the Ministry of Armaments, 400 million will take two years. Now we can raise it in a few months, Brother Guangfu, do you think it's worth it for us to do this? "This is financial leverage, and in those companies of later generations, there are many more radical than this. After Luo Yaoguo took over the Ministry of Armaments, he planned to intensify efforts to give full play to the role of financial leverage, and turn the annual funds of 200 million yuan for the Ministry of Military Armaments into 500 million or even 1 billion yuan for investment.

Luo Yaoguo's plan, in exchange for Chen Guangfu's sigh: "I didn't expect it, I really didn't expect it." A year ago, a few million was an astronomical amount, but now there are hundreds of millions of yuan in investment plans! But...... The risks involved are also extremely great, after all, the capital of China's banking industry is not abundant, and our international trade bank has only a capital of more than 20 million yuan so far, and its total assets are only 300 million yuan. If everyone invests a lot of money into it, I am afraid that there will be a big crisis in case of erosion. ”

Now not only Luo Yaoguo has come up with a grand investment plan, but the scale of infrastructure construction such as railways, electricity, and ports is also very large, and the investment funds are also hundreds of billions! The power of financial capital is also being leveraged. Not only loans, but also direct participation in major banks.

"The Great Crisis?" Luo Yaoguo smiled and waved his hand indifferently: "No heavy industry, no guns, no artillery is the big crisis." Now that our South has settled down and has its own tariff protection, how can these heavy industrial projects and infrastructure be unprofitable if they are only managed well? After this time, I plan to hire experienced professionals to run these companies, and we military leaders who don't know how to do it can exercise the right of supervision on behalf of the major shareholders. Presumably, the business will go to a higher level at that time. And...... This is just my first step in the plan. By the way, Brother Guangfu, how is our stock exchange? ”

The United Stock Exchange, this is another cash cow! Luo Yaoguo's first step of raising funds for these heavy industry enterprises is called "private placement", and the second step is "public listing". And it is not only a domestic listing, but also a global IPO, and the goal is naturally to focus on Wall Street, where US imperialism is prosperous. Although Luo Yaoguo didn't know much about the economy in his previous life, he had heard of the 29-year financial crisis. I also know that before the crisis, stocks listed on Wall Street were sold quite expensive, if you can take the opportunity to circle them...... Iron and steel, electric power, railways, military industry, banking, and a South China market equivalent to one-third the size of the United States are backed by. It seems that Wall Street bosses should be interested in such a project, right? Hundreds of millions of dollars can be raised.

As soon as Luo Yaoguo mentioned the stock exchange, a shrewd banker like Chen Guangfu naturally immediately thought that he was going to raise funds through a public offering of shares. And it's a big deal in itself! Well, now the banks in China and the rest of the world, except for the Soviet Union, are basically "mixed operations". In addition to credit and underwriting bonds, there are also underwriting businesses such as stocks, direct investments, and stock investments.

A hint of surprise flashed on Chen Guangfu's face, and he laughed: "It's a pity that Brother Fuwen doesn't go to finance. The arsenal actually wants to issue shares to the public, haha, it will definitely be sought after by investors at that time, is there anything more popular than arms trading in today's troubled times? Brother Fuwen, when the time comes, don't forget our own commercial bank! By the way, this time to raise commercial shares, the Commerce Bank decided to come up with 20 million, 10 million each for the steel mill and the arsenal! ”

Thinking of the fiery scene of the arsenal being sought after by investors after its listing, as well as the 300% profit, Chen Guangfu, a capitalist, has completely forgotten what risks there are, and there may really be a risk of killing his head. If the Kuomintang loses in the future, Chen Guangfu will raise funds for the Kuomintang's arsenal, hehe......

……

There was silence in the conference room of the Ministry of Armaments. Everyone's heads were filled with shock. Luo Yaoguo just told everyone about his idea. The entire high-level of the Ministry of Armaments, including Ma Junwu, vice minister and director of the Chemical Industry Bureau, Lu Ming, director of the Metallurgical Bureau, Liu Shiyuan, director of the Military Industry Bureau, Chen Lifu, director of the Mining Bureau, Yang Xianyi, director of the Aviation Bureau, Wei Han, director of the Ship Bureau, Song Meiling, secretary general, and Zhang Naiqi, director of the Restructuring Office, were all shocked by Luo Yaoguo's idea.

The iron and steel plant should be restructured into the China Iron and Steel Company, and the arsenal should be restructured into the China Military Industry. Then raise commercial shares, hire experts to operate, and within a few years, they will publicly issue shares, and they will also go to foreign countries to issue stocks to collect foreigners' money...... Of course, in the eyes of some intellectuals and leftists, this is also a traitor - the sale of shares in state-controlled companies.

Later, the capital needed for the development of steel mills and munitions factories was raised through the recruitment of merchant stocks and the securities market. The budget of the Ministry of Armaments will focus on the development and production of rare metals, aluminum, and various special alloys. Second, the development of the chemical industry, especially the coal chemical industry. 3. Aviation will look for overseas partners to build a new large-scale aircraft manufacturing and R&D base in China. Fourth, shipbuilding, the shipyard under construction in Guangzhou and the Jiangnan shipyard in Shanghai will be merged to form the China Shipbuilding Company, and it will also be prepared for commercial operation in the future, but it is necessary to continue to invest capital at present. Fifth, it is necessary to do a good job in the reserve of important strategic resources in order to cope with the situation of interruption of imports in wartime.

Finally, the long-term goal of the Ministry of Armaments is to build up within the next decade all the heavy industry and infrastructure needed to win a large-scale war on the scale of a world war, as well as a reserve of vital strategic resources. Is there another world war? An ominous omen rose in everyone's heads

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