Chapter 170 President Jiang
Xuzhou Hengtongji, in the second floor luxury living room.
"Please think about it, since Jiangnan Group was founded, can it earn one or two taels of silver?"
After hearing Song Xiaoming's words, the bosses couldn't help but stare at the silence. Although everyone is in Nanzhi, Xuzhou and Jiangnan are two different worlds. Their understanding of Jiangnan Group is limited to hearing. However, it is really unbelievable that such a large business has not made money.
"I know, this is too sensational, but it is the case." Song Xiaoming said in a deep voice: "I have been paying close attention to them for more than half a year, so I can tell you very responsibly. The so-called genius of the world, Mr. Zhao, is just a liar who is very happy and does not know how to live or die! He asked Jiangnan Group to start more than a dozen companies at the same time, and all of them are in the stage of burning money. He has not made a penny yet!"
The shopkeeper Song first gave a conclusion, and then said to the owner of the bank bank bank that was stunned by the stunned bank account:
"Their expenses are ridiculously high, and they can be found easily. Let me calculate them briefly... From last year to now, they have built a 350-mile embankment in Kunshan. Even if they have cement, the stone is their own. But such a large project, people eat horses and light industrial auxiliary materials are not decimals, and later they paid the wages of the people. They could not get it if they didn't spend 2 million taels!"
"Hiss..." The bosses gasped and thought to themselves that the 350-mile stone embankment would normally cost 10 million taels? Can Jiangnan Group repair it in just 2 million taels? Is this too scary?
Seeing that his words had a counterproductive effect, Song Xiaoming quickly coughed and continued:
"And they did not ask Kunshan County to pay for money, but only let the county rent out wasteland and flooded land to them for a long time. Then they recruited refugees to reclaim their colonies. Such a clumsy way of making profits not only did they not recover the cost, but also added less than 500,000 taels of expenses."
"In addition, they also built a 100-mile seawall in Chongming County in the same way, and spent less than one million taels."
"They are also in Shanghai County and have acquired nearly one million mu of saline-alkali land in Pudong, which is another one million taels of expenditure."
"Also, after the civil unrest in Suzhou last year, the boy named Zhao was the big shot and bought silk openly, but it would be good to sell half of it. The rest was all in Curry, which was at least another two million taels."
"When the prefectures and counties in the south of the Yangtze River heard the news, they all asked him to buy their silk, and the boy named Zhao was unwilling to refuse.
According to the latest news, more than half of the 61 prefectures and counties in the ten prefectures and counties in Jiangnan have signed underwriting contracts with them. Although the payment is only settled at the end of the year, the deposit of 100,000 taels per county has been paid."
"That's another three million taels..." The boss was dizzy when he heard this. This Jiangnan Group is too terrifying, right? This is money sprinkled as water!
"In addition, in order to manufacture sea ships with a thousand-material shipping, they also placed an order of one million taels to Longjiang Treasure Shipyard and Suzhou Shipyard. They also sent a county town in Chongming County, saying at least 200,000 taels. They also opened a college, hospital, and more than a dozen schools at all levels in Suzhou, but they could not afford to pay without a 300,000 taels. This has not yet been counted as the expenses for building a headquarters, and the total expenses paid to workers have reached 11 million taels of silver!"
"Wow..." A scream rang out in the living room. "Spending so much money?!"
"Of course. That kid overestimated his ability and carried the entire Jiangnan on his shoulders. Although he looked at the appearance of Jiangnan Group, he actually relied on the money of Jiangnan Bank to support him!" Song Xiaoming sneered:
"Why don't he dare to make money like Xishan Company? Because the income and expenditure situation cannot be hidden. If people know that he spent more than 10 million taels a year but did not earn one tael of silver, those shareholders and creditors must eat him alive and peel him alive, who would buy his stocks?!"
The bosses couldn't help but nodded, which also solved a question in their hearts. Why did Mr. Zhao not do the same in the law and also asked Jiangnan Group to issue shares? They missed Xishan Company, but they didn't want to miss the Jiangnan Group car again...
Now I know that this is a hearse. Fortunately, I didn’t come, otherwise I would go up and head straight to the underworld.
The bosses were glad to wipe their sweat and asked again: "How much silver can they have in stock now?"
"The predecessor of Jiangnan Bank, Wuji Money Bank, is the deposit of three to four million taels. Although they have been sucking deposits crazily recently, the days are still short, and at most they can reach the maximum of 20 million taels." Song Xiaoming replied in a deep voice.
Jiangnan Group is a private company and will not publish financial statements to the public. Jiangnan Bank's operating conditions are highly confidential. Song Xiaoming tried his best and could not find out their true background. He could only estimate the number based on experience and his own losses.
However, he believed that based on his own judgment ability, 20 million taels should be very different.
"I heard that Jiangnan Bank has issued a debt to Jiangnan Group." The boss of a money house reminded him.
"It's only one million and a half million taels, a drop in the bucket." Song Xiaoming looked at the verbal boss and said coldly: "The 11 million taels that have been misappropriated will not exceed ten million taels."
"That's a huge amount." The bosses sighed. In addition to the four major banks, their silver inventories are still far from the eight-digit number.
"But their name is Jiangnan Bank, and their main business is in Jiangnan." Song Xiaoming said quietly: "So 80% of their silver inventories will exist in Jiangnan."
As he said that, he poured the teacup into the table, and the tea water spread over the table, soaked through the cracks of the table and fell on the mahogany floor.
"Oh!" Someone was spinning quickly and suddenly clapped the table: "They had a small amount of silver in the north of the Yangtze River. Now the canal is blocked, and no matter how much silver is in the south, they can't transport it. So the Jiangnan Bank semi-colon in Xuzhou is simply an empty shell!"
"No," Song Xiaoming nodded with satisfaction, and glanced sharply over everyone and said, "So we must concentrate our efforts and work together to kill him. As long as we destroy the Jiangnan Bank in Xuzhou, panic will spread along the canal, causing Linqing, Huaian, Jining, Yangzhou, and even the Jiangnan Bank in the north and south to be run!"
Speaking of this, his face flushed with excitement, and he couldn't help but smile: "At that time, let alone Jiangnan Bank, even the entire Jiangnan Group will be wiped out!"
"This..." The owners of the money shop couldn't help but make mistakes. They just wanted to teach the Jiangnan Bank in Xuzhou a lesson, and did not have the intention to lie down the entire Jiangnan Group.
Behind the Jiangnan Group, there are a group of Jiangnan officials and gentry. If they dare to take action, they will not say anything else, at least they will not be able to keep their business in Jiangnan.
"Now it's a life-and-death situation. Do you have any choice?" Song Xiaoming looked at the group of guys who were looking forward and looked back and said: "Let Jiangnan Bank unify the world. I, Hengtongji, leaned against the canal transportation yamen, and I will always have some food to eat if I don't help. Who can you rely on?"
"This..." A soul-searching question left the boss speechless.
"There is a knife on his neck, and it's still on both ends of the rat here. Who will die if you don't die?!" Song Xiaoming snorted coldly, "I thought you had made up so much determination. Humph, I'm wasting my time!"
As he said that, he waved his hand and said, "Send out the guest!"
"Okay, let's do it!"
"Fight with them!"
"Shopkeeper Song, what are you doing? You can speak!" The bosses finally forced him into the chariot.
"That's just like that." Song Xiaoming smiled in his heart and told everyone about his plans.
After hearing this, the bosses felt that the arrangements of the shopkeeper Song were linked together and seamless, and there was nothing to worry about. And they didn't have to pay too much, so they nodded in agreement.
The shopkeeper Song also made a bloody alliance with everyone as usual, and agreed to advance and retreat together, and never insert a knife from behind. Only then did everyone nervously prepare to go.
~~
Jiangnan Bank, a new concept financial institution, rose in Xuzhou City with a destructive and powerful attitude. Even the shopkeepers in the store were all proud and walked with a wind.
Oh by the way, now I won’t call the shopkeeper Chao Feng’s partner, I will call the president, manager and teller…
The president of the Xuzhou branch is Jiang Dou, who is the old man of Wu Ji. The Wu Ji Xuzhou branch was founded by him.
His loyalty to the Wang family is impeccable and his ability is excellent, so Jiang Xueying attaches great importance to him.
When Wu Ji was reorganized and merged into Jiangnan Group, he also obtained shares and still served as the president of the reorganized Xuzhou branch. So no one has a deeper relationship with this semicolon than him.
Early that morning, President Jiang woke up in the bedroom in the backyard of the bank on time.
Although he is quite wealthy now, he still maintains the habit of living in the store. He did not buy a house in the local area and marry a young man like his peers.
As for his wife and children, they naturally stayed in their hometown in Huizhou like all Hui merchants. I heard that they would move to Kunshan in the future, but it was just a rumor and I haven't heard of it yet.
Moreover, his surname is Jiang, so he must work harder and not be embarrassed by his lady.
After getting up, he came to the patio, took off his jacket, and practiced a set of Bajiquan that was full of vigor.
Managers and tellers also got up one after another and followed the president to practice morning. In this era, those who work in money shops had to play tricks, guns, sticks, and prevent them from being robbed and unable to resist.
Despite the safety of the money house, a security team sent by Jiangnan Security Company was in charge. However, Jiang Dou still urged his subordinates to practice martial arts and it was always better to have a point of insurance.
President Jiang’s kung fu was learned when he was a pirate back then, but he was the accountant on the ship and his hands were never covered. After he got ashore, he was pampered and had a strong body in his current life. He was able to maintain his current strong physique all the time.
When he finishes practicing, he is a primary apprentice... Oh, now he is called a temporary worker, and has already prepared a wash water for him to brush his teeth.
After washing, President Jiang came to the outside room to have breakfast with the deputy president and three managers.
The three managers are Chaofeng, who were originally under his command, and are now in charge of the three major businesses of savings, exchange and silver notes.
Chapter completed!