Early the next morning, Xu Yi took Yanis and Princess Carolyn, together with Anduin who dared to come, and a group of people from the Duke of Drake to the Falling Rain Valley.
In the morning, Xu Yi took them on a general tour of the various factories of the Xinfei Chamber of Commerce in Falling Rain Valley. Not surprisingly, they received unanimous praise from Princess Carolyn and Anduin.
After lunch, Princess Carolyn and Anduin expressed that they wanted to look around by themselves. Xu Yi naturally had no objection and called two people to accompany them. He found Kennard and opened a car. Small meetings.
"President, this is our chamber of commerce's financial statement for last month. Please take a look." Kennard handed over a document.
Xu Yi took it and looked at it carefully for a while, and found that compared with the first few months of this year, the profits of Xinfei Chamber of Commerce dropped slightly last month.
This was clearly influenced by the move from Bonta City.
However, the impact was not too great, and even if there was a decrease, the monthly profit still exceeded 500,000 gold coins.
"Very good, if we continue at this rate, we might be able to achieve a monthly profit of over one million gold coins within three years." Xu Yi nodded approvingly: "Only if we can reach this standard can our chamber of commerce truly grow into a big chamber of commerce. "
"Mr. President, you are so humble." Kennard smiled: "Even the most powerful Falcao Chamber of Commerce in the Lampali Kingdom only makes more than one million gold coins in profit every month. Our Xinfei Chamber of Commerce has only been established for two years, and it is already a miracle that our monthly profit exceeds 500,000 gold coins. Every time my father writes to me, he always praises you and praises you as Sai. The most talented businessman in the history of Enns continent.”
Xu Yi smiled slightly: "Strictly speaking, this achievement is not due to my business ability, but entirely depends on my technical ability. The reason why our chamber of commerce can maintain rapid growth in profits is because our chamber of commerce's technology has always been leading. So in the future, in terms of technology We must increase investment to ensure this leading advantage.”
"Yeah, I understand." Kennard nodded. "So I have increased the budgets of both the Magic Machine Tool R&D Workshop and the Magic Research Institute by 40%, reaching 500,000 gold coins and 400,000 gold coins respectively."
"Not enough." Xu Yi shook his head. "According to my idea. In fact, at least half of the chamber of commerce's net profits must be invested in technology research and development. Only in this way can we fully ensure our technological leadership."
Kennard said with some embarrassment: "I'm afraid this won't work. Chairman, first of all, we don't have that many R&D personnel at all. Even if we give them more gold coins, it will be difficult for them to spend all of them on technology R&D. And now we don't It’s impossible to really use half of the profits to develop technology, because although we make a lot of money, we also have a lot of money to spend.”
"Yes. I understand, so I came to you this time to plan our next investment plan." Xu Yi got up and went to the map hanging on the wall of Kennard's office, pointing at the map and explaining himself to Kennard idea. “First of all, we must ensure the stability and development of Luoyu Valley, because this is our core base.”
"Of course." Kennard nodded in agreement. "Currently, we invest a minimum of 100,000 gold coins in Falling Rain Valley every month for maintenance and development. In addition, every factory in Falling Rain Valley is making a profit, so I don't think there is much pressure in this regard."
"Let me see..." Xu Yi lowered his head again and looked at the financial report of last month in his hand.
According to the statistics. Last month, the two steel mills accounted for nearly half of the Xinfei Chamber of Commerce's total profit of more than 480,000 gold coins, providing a total profit of about 250,000 gold coins.
The two major departments of Magic Machine Tools and Household Magic Machinery were affected by the market stabilization and the relocation last month. Shipments have declined, resulting in a slight decrease in profits, providing only a profit of 170,000 gold coins.
As for the remaining total profit of about 60,000 gold coins, it is provided by the tire processing factory and the bicycle factory respectively.
These two factories are also currently experiencing the fastest growth in profits, especially the bicycle factory which has seen explosive growth in profits for several months in a row.
Once the new form of transportation was launched, bicycles were immediately welcomed by everyone in Bangta City and several surrounding cities.
Because for ordinary people, private carriages are too expensive and unacceptable to support, and riding a carriage in a carriage house is subject to various restrictions and is inconvenient.
Therefore, bicycles, which are not much slower than horse-drawn carriages but are more convenient and flexible, have naturally become the most popular choice for most people.
Not to mention ordinary people who need bicycles instead of walking, even wealthy aristocrats or people from merchant families will buy themselves one or even several bicycles and go for a ride in their free time.
Because of the emergence of bicycles, the business of Feilson Horse Racing Shop has been affected to a certain extent. For this reason, President Pompeii complained to Xu Yi several times.
"Okay, the investment in Falling Rain Valley must not be reduced. So aside from the investment of 100,000 gold coins, the next one that needs the most investment should be Black Rice Wasteland, right?" Xu Yi looked at the financial report in his hand and asked road.
"Yes. Black Rice Wasteland is still in the early investment stage, so currently we only see the investment, but not the output return, which means that we have to invest about 150,000 gold coins out of thin air every month." Kennard Said: "But now the initial investment is nearing completion. I believe it won't be long before the mines in the Black Rice Wasteland and the non-ferrous metal smelting plant will give the Chamber of Commerce generous returns."
Xu Yi laughed: "Very good, Kennard, you are the right person to be the CEO. If it were Heinze, he would only see this huge investment every month without seeing any return. You will definitely be worried.”
Kennard smiled slightly: "The vice-president is mature and prudent, and there are many things that I cannot compare to."
"You're the only one who can talk." Xu Yi smiled and shook his head. "But it is a pity that although the rewards in the Black Rice Wasteland are rich, they cannot be turned into real gold coins. Because whether it is produced by the mine or the finished product smelted by the non-ferrous metal smelting factory, our Chamber of Commerce must internally It’s digested, but it can’t be sold.”
Kennard hesitated for a moment and asked Xu Yi: "President, since you have always emphasized that resources must be in your own hands, why do you keep buying iron ore from the Falcao Chamber of Commerce? According to my statistics some time ago, Our Chamber of Commerce consumes up to 280,000 tons of iron ore every month, and the cost of this alone exceeds 2.5 million gold coins. This is a high burden for us. Obviously I already own an iron mine, why not mine it myself to reduce costs? "
"It's very simple, because iron ore is cheap now, but the iron ore in our hands is limited, so if we don't buy it from the Falcao Chamber of Commerce while it's cheap, are we still waiting for the price of iron ore to rise to skyrocketing in the future? Will you buy it when you get up?" Xu Yi smiled. "As for iron ore, it will always be mined in the future, but that will have to wait until the price of iron ore rises. According to my estimate, it will take at least five years."
"President, are you so sure?" Kennard asked suspiciously.
"Of course. I firmly believe that magic machines will spread quickly across the Lampali Kingdom and the entire Sainz Continent. By then, the iron ore most needed to produce magic machines will definitely become a resource that everyone is rushing to grab, and the price will not increase. That's strange." Xu Yi said with certainty.
Kennard has been working under Xu Yi for more than half a year, and of course he knows that Xu Yi is not the kind of person who talks nonsense. Since Xu Yi is so sure, he must have a reason.
"If this is the case, then we should seize a few more iron mines now, or simply say, the more the better." Kennard pondered: "But most of the iron mines in our Lampali Kingdom are Being controlled by the Falcao Chamber of Commerce, it will be difficult to snatch it from them. "
"So, our target is other places." Xu Yi clicked on the Black Rice Wasteland on the map, then clicked on the Principality of Standing, and finally landed on the Principality of Drake. "Since such rich non-ferrous metal veins can be found in the Black Rice Wasteland, I am sure that there should be rich iron ore, so we must further increase investment in the Black Rice Wasteland. As for the Principality of Standing, these three iron ore I’ll leave the mine there for the time being, because I need to wait for someone’s response. What I want to discuss with you now is the issue of the Duke of Drake.”
"Mr. President, what do you mean, the two guests from the Duke of Drake today have reached some agreements with you?" Kennard asked.
"Almost. But it will still take a lot of effort to get the resources we need from the Principality of Drake." Xu Yi nodded. "Her Royal Highness Princess Carolyn gave a very good proposal, which I think is very feasible. Look, this is Sewell City, where Earl Satsuma is now the city lord. Our initial goal now is to acquire Earl Satsuma. With the support, the magic industry has been vigorously developed in Sewell City, and Sewell City has been built into another Bonta City.”
Kennard looked at the location of Sewell City on the map and frowned slightly.
"Mr. President, the location of Sewell City... is probably not very good. Although it is relatively close to the Principality of Drake, it is even closer to the Kingdom of Sark. If the Kingdom of Sark has any ideas about this place, I am afraid it will dangerous."
"It's simple. We just have to find a way to make the Sak Kingdom have no idea about it." Xu Yi said with a smile.