“…… I just got the news that the people from the Wuhu Textile Factory have begun to send people to contact local cotton farmers, and have already set up raw materials worth hundreds of thousands..."

"They also sent people to contact some local weavers, as if to see if there was any possibility of selling the cotton yarn produced to them..."

At the regular board meeting of Dasheng Yarn Factory, several persons in charge were reporting the situation one by one, and the atmosphere at the meeting became very heavy.

Several people in charge, including Zhang Jian, were originally happy because the Japanese were cheated not long ago, but they didn't expect to have to face a new competitor now...

These people in the Dasheng Yarn Factory will gloat over the Japanese being pitted, mainly because during this period, when the Japanese competed with the Dasheng Yarn Factory, they regarded 'competing for prices and indiscriminate purchases' as their killer weapon, and as a result, the local cotton prices in Nantong continued to rise.

Now Zhang Jian's biggest headache is also this matter, fortunately, the efficiency of the yarn factory is very good, the annual profit can reach about 30% almost every year, and even reached an astonishing degree of 106% at the highest time, so the Japanese can not shake the Dasheng Yarn Factory for the time being.

However, what they didn't expect was that before the problem of the Japanese was solved, there was another Wuhu textile factory—————— which consumed 80,000 spindles after they moved, as long as they thought about it, they felt a little terrifying, to know that it was twice the number of all spindles in the Dasheng Yarn Factory...

As a special case in the late Qing Dynasty and the early Republic of China, Dasheng Yarn Factory was able to form such a large scale later, mainly relying on four points.

One is 'local sales', which means buying cotton from the local area and selling the yarn spun from the cotton to local weavers.

Then there is no shortage of workers, there is no shortage of skilled workers in Nantong, ordinary peasant girls will spin at the age of eleven or twelve, and most of the women in the Tangzha area are Tianzu and can stand for a long time.

Another is the cost problem, Dasheng is to purchase cotton in Nantong, which has obvious advantages over other yarn mills in terms of cost. Moreover, the wages of local workers in Nantong are also lower than those in Shanghai, with ordinary female workers earning only eight cents, and skilled female workers only having a dime...

The fourth is the Russo-Japanese War ...

In 1904 (the 30th year of Guangxu), after the outbreak of the Russo-Japanese War, Japan's dumping of foreign cloth in the Northeast decreased sharply, and Nantong Guanzhuang native cloth was able to sell well in the Northeast, with a total annual sales of more than 150,000 pieces (40 horses per piece), and the cotton yarn of the Dasheng Yarn Factory was sold to local weavers, which provided favorable conditions for the development of the Dasheng Yarn Factory.

It was precisely because of the Russo-Japanese War that Dasheng Yarn Factory made a lot of profits, and Zhang Jian set up another branch factory in 1907.

However, now, the labor cost in Anhui is lower than that in Nantong, which to some extent can be regarded as offsetting the disadvantage of transportation costs. What's more, even if there is no this, selling yarn to Nantong can also make great profits, and Dasheng Yarn Factory has to face the threat of competition from Wuhu Textile Factory.

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Seeing that the heads of several yarn factories in the room all looked sad, Zhang Jian frowned and tapped the table a few times. "What are you doing with such a sad face..."

Seeing that several people in charge had looked over, Zhang Jian said with a straight face after clearing his throat. "Even if the cotton yarn from his Wuhu textile factory is sold, I Zhang Jian originally set up a factory to 'set up a factory to save myself', and now there is another rookie among Chinese businessmen, which is something to be happy about..."

Hearing Zhang Jian say this, several other people didn't dare to say anything on the surface, but they pouted in their hearts.

Unlike Zhang Jian, several people in charge of Dasheng certainly have the concept of 'setting up factories to save themselves', but they still want to profit from it. If everyone has the idea of 'setting up a factory to save themselves', then it would not have been so difficult for Zhang Jian to set up a factory, and when Dasheng was in trouble, there would not be so many people accusing him.

However, when a few people were still sighing there, Zhang Jian changed his words. "Moreover, the cotton yarn produced by the yarn factory is only half of the amount of yarn used in Guanzhuang Dabu, even if his cotton yarn from Wuhu comes in, it may not pose much threat to us, not to mention that my Dasheng Yarn Factory is not as good as a new yarn factory that has not even completed the construction of the factory..."

Hearing Zhang Jian say this, the faces of those responsible persons finally looked better.

Indeed, now the cotton yarn produced by the 40,000 spindles of Dasheng Yarn Factory can only meet half of the yarn consumption of Nantong Guanzhuang cloth, even if the Wuhu Textile Factory is built, it is just to fill the other half—————— not to mention that he is a yarn factory in Anhui after all, and he can't sell all the products to Nantong, regardless of his own foundation.

And just like Zhang Jian said, now the textile factory has not even finished building the plant, even if it wants to put into production, it is impossible to do it without a year and a half, this period of time is enough to strengthen its own sales market...

Seeing that the morale of his subordinates had finally improved a little, Zhang Jian sighed lightly unknowingly.

"It seems that the matter of the branch factory must be put on the itinerary as soon as possible..."

In recent years, even if the official profits that must be given are excluded, Dasheng Yarn Factory is still very profitable, and the idea of building a new factory has been lingering in Zhang Jian's mind for a long time——————.

Zhang Jian was really happy about the appearance of Wuhu Textile Factory, because he set up a yarn factory in order to 'set up a factory to save himself', if it weren't for this, he would not have opened many enterprises after Dasheng made a profit, and it became one of the important reasons for Dasheng's failure...

But while being happy, Zhang Jian was also a little jealous in his heart.

Dasheng yarn factory until the start-up, the IPO is not smooth, the paid-in capital is less than 200,000 taels, buy land, build a factory, plus pay official profits and other expenses, has used more than 190,000 taels, the funds are exhausted, only one cotton per day will be more than 10,000 taels, only by borrowing a way, but it is difficult to borrow, but only "spinning all the flowers, selling yarn and collecting flowers, and continuing to rotate", because there is no liquidity, Zhang Jian once wanted to rent the factory to Zhu Youhong and Yan Xinhou according to 500,000 taels of share capital and an annual interest rate of 8%, but the two were too greedy. The price was repeatedly lowered, but no negotiation was reached.

Before and after the start of the big school, Zhang Jian spent the "Chinese New Year's Eve" almost every day. He was in the field, and every time he received an urgent letter from Shen Jingfu, he was at a loss, and from time to time he lamented in his diary that "fundraising through the factory has succeeded or failed" and "fundraising through the factory has not been harmonious so far". He presided over Wenzheng Academy in Nanjing most of the time, relying on this salary to support his family, and in the more than four years of preparation, he never used a penny of college students, as did several other directors. He was running in Shanghai, and when he was in the most difficult time, he had no money for travel, "often ran to Huangpu Beach and sighed to the sky, and he sighed when he looked at the river, and tears poured out of his eyes like the tide." Sometimes the travel expenses are not enough, and the words have been sold several times, and the factory money is not used. ”

This kind of situation is too big compared with Yan Shao returning to China with two stunning beauties by his side and carrying millions on his body. If he is not jealous in this way, then he is probably not far from becoming an immortal and a Buddha...

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Seeing that everyone's morale had somewhat improved, and twisting the beard on his chin, Zhang Jian felt that it was time to put forward the idea of a branch factory. “…… I think we should open another branch on the existing basis to meet the competition, I don't know if you agree? ”

"Branch?" Several of the responsible persons looked at each other.

Dasheng's cotton yarn output can only meet half of the needs of local weavers, and even if a branch factory is opened, there is no need to worry about sales, so there have long been calls within Dasheng to open another branch.

Now after listening to Zhang Jian's proposal, the people in charge did not object after thinking about it, because the opening of the branch will only be beneficial to them.

Seeing that a few people did not object, Zhang Jian nodded happily, this is probably one of the troubles of the joint-stock system, no matter what you do, you need to do something, even if it is a good thing, you need to get the consent of the shareholders first.

However, even if it has been decided to build a branch, it is not possible to build a branch factory in a short period of time. If nothing else, it takes a long time to buy the machinery needed for the textile mill. In addition, there is the selection of factory sites, construction, staff recruitment, etc.

In addition, it is not two years later, although the yarn mill has made a lot of profits because of the Russo-Japanese War, but after deducting the dividends that need to be given to shareholders and the government, the remaining money is actually not very much, if it is not for this, knowing that there are benefits to building a branch factory in Ludao, Zhang Jian would not have built a branch until 07 years.

(By the way, on July 23, 07, Zhang Jian held the first shareholders' meeting, established a unified factory, branch of the "Dasheng Textile Co., Ltd.", submitted to the Ministry of Commerce for registration, and obtained the patent right of "within 100 miles of 20 years is not allowed to set up a textile factory", and established a system of local economic monopoly in Dasheng, which is also a great reason for the success of Dasheng later, because they have no competitors in Nantong at all, but there must be gains and losses, and the failure of Dasheng is not unrelated... ）

For the site of the branch, Zhang Jian already has a case in his heart, that is, Chongming to build a branch.

However, unlike Wuhu Textile Factory, Dasheng Yarn Factory is not a personal product of Zhang Jian, and Zhang Jian also needs to discuss some important matters with shareholders before deciding.

After hearing that Zhang Jian wanted to build a branch in Chongming, the other shareholders were somewhat hesitant in their hearts. In addition to this, these people also argued about the size of the branch.

Some people think that the larger the scale of the branch, the better, and some people think that it can be the same as when the Dasheng Yarn Factory was first built, and Zhang Jian prefers the latter.

Looking at the shareholders arguing with each other at the meeting, Zhang Jian sighed softly and felt a little headache.

"Anyway, at least it's on the agenda..."

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