Opening game, American Tycoon

Chapter 1116 The Gilded Age of the Empire (Second update, please subscribe)
If you can't win, curse him.Maybe that's why they gave those people this "Napoleon" thing.

How many Napoleons is this in Bolivia?
The Napoleon of Paraguay directly buried the men of the whole country.

This one in Bolivia...

Ok!

Perhaps, this is life.

Wellington, who is a good winner, is not good, but loves a loser.No, bad luck fell on another "Napoleon" again.

People, sometimes you have to trust your fate!
Therefore, China will pay attention to auspiciousness no matter what it does, and there will definitely not be a general in China who is proud of calling himself "Zhao Kuo".

No matter what, always pay attention to auspiciousness.

Just like Montevideo, once the capital of the Eastern Republic of Uruguay and the provincial capital of the Uruguay Province in Brazil.After being incorporated into Daming, it was renamed Daxing and became the provincial capital of Hebei Province.

Daxing in the north of the great river.

Look at the lucky name.

Caucasians in suits and leather shoes, cars running on the streets, and old European-style buildings can be seen everywhere. They don't look much different from European cities.

However, this kind of scene is only in the main urban area, especially the southeast district, which has the largest concentration of European immigrants, but the most prosperous area in Daxing is the new city in the west district.

It is the Xinfa District built after the imperial occupation of Daxing. There are row upon row of high-rise buildings, brightly lit billboards, and various cars running on the spacious avenues. Nearly [-] Chinese immigrants live in those residential quarters and villas with unique scenery.

Although this city is only across the river from Yingtianfu...it is far less prosperous than Yingtian, and even the population is only 10,000+, but it is far more prosperous than some small cities in the mainland.

Daxing Commercial Bank is a European-style palace building. It used to belong to a shipping company. It was acquired by this local bank a few years ago and became its bank headquarters.This building looks quite solemn and solemn.

In the manager's office of the Daxing branch, Li Pingcai looked at the manager Du of the bank, and now he was looking at the planning book there.

"Why do you use Bessemer converters? If I remember correctly, most of the imperial steel companies use open hearth furnaces."

Du Bokang asked curiously.

"That's true. The open hearth furnace is widely used in the empire. After all, the open hearth furnace was invented by me, Ming Dynasty, and the open hearth furnace is suitable for all kinds of pig iron. There are many types of steel and steel grades, and there are many advantages. Naturally, it is more valued."

Li Pingcai explained.

"However, considering the production cost and products, we chose a Bessemer converter with higher production efficiency and lower production cost. A 6-ton Bessemer converter can produce 3 tons of steel per year. The new plant has With two 10-ton converters, the plant can produce 10 tons of steel, and its cost per ton of steel is 25% lower than that of an open-hearth furnace.”

"25%?"

Du Bokang said in surprise.

"That's a really impressive number, and if it's so efficient, why is it rarely used by other steel companies?"

"This is because compared with the open hearth furnace, the converter is only limited to blowing pig iron with low phosphorus content, so its use is limited. But a few years ago, Europe launched the alkaline converter, which can be used to refine and manufacture converters with high phosphorus content."

Li Pingcai thought for a while, then said.

"Compared with open hearth furnaces, Bessemer converters have higher technical requirements. For example, the antegrade use of Bessemer converters requires more precise cooperation with upstream and downstream processes and rich chemical knowledge. Bessemer converters require a large amount of materials. Processing has led to more demand for products from other production processes. Therefore, the use of converters requires high requirements for engineers, compared with relatively low requirements for engineers in open hearth furnaces. Of course, its biggest problem is that there are few steel grades for refining , only a few types of steel such as ordinary carbon steel or manganese-containing steel can be refined, but even this is enough.”

Manager Du nodded in agreement with his answer.

"It is indeed enough. After all, ordinary steel is used to build buildings, and manganese steel is used to repair railways, and these two types of steel are the most versatile. In this way, the converter is also sufficient."

Although he is a banker, Du Bokang has a certain understanding of steel.

"Yes, Manager Du, so from the investment point of view, the investment in the converter is small, the efficiency is high, and the rate of return is naturally high."

Looking at the thoughtful Manager Du, Li Pingcai continued.

"Moreover, there is not a single steel company in Hebei. Once Daxing Iron and Steel is built, it is bound to become the only local steel company. It can eat all of Daxing Iron and Steel's production capacity just in the local market, and with the empire's expansion of the Peru-Bolivia Federation Occupation, the next step is that the empire will build a large number of railways in the local area, and the railways also need a lot of steel, coupled with urban infrastructure, now is the time to invest in the steel industry!"

"Second Master Li."

After thinking about it, Du Bokang said.

"You are indeed right. This is indeed an opportunity. If we seize this opportunity, we will definitely be able to obtain huge profits in the future."

When the words fell, Du Bokang glanced out of the window. This city really needed a steel company that belonged to him.A steel company is never a simple steel company. It will also drive related downstream and subsidiary industries. Whether it is from the perspective of local development or banking development, investing in a steel company is indeed a good option.

"Daxing Branch of Daxing Commercial Bank can subscribe for 30% of your shares! In addition, it will provide a loan of no less than 40 yuan!"

For banks, the most profitable thing is not loans, but investment. By investing in industrial companies, banks can obtain extremely rich returns. Now, after 20 years of development, Daming’s commercial banks have long formed a mature bank Investment system, when encountering such a good project, the bank will certainly not miss it.

Moreover, Li's iron factory is also a well-known local enterprise, so there is no need to worry about providing loans to them.Moreover, it can be seen at a glance that the return on investment is very high.

"20% equity plus 60 yuan loan, Manager Du, you know that you are not the only ones who are willing to invest in steel companies. There are many people in Daxing who are willing to invest. If you give the bank 30% equity, then there will be A lot of people will be disappointed."

"Indeed, I was negligent."

Du Bokang thought for a while, and then said to the young man in front of him,

"I will ask the lawyer to prepare a full contract, and we will sign the contract in the last two days."

After leaving Manager Du's office, Li Pingcai walked through the lobby of the office on the second floor, grinning all the way down the stairs.

"What a cunning fellow."

When going downstairs, Li Pingcai said to himself.

However, in any case, now the investment talks are down.With the bank's investment and loan for the construction of the steel company, there will no longer be any funding problems.

"Well, our Li family will have our own steel company in the future."

He believes that as long as he seizes the present opportunity, the Li family will be able to rise to become a rich man in one fell swoop.In fact, this is also the most distinctive feature of this era. As long as you seize the opportunity, everyone has the possibility to succeed.Even the people in it don't know what kind of era they are living in.

This era is the "Gilded Age" of the Ming Empire, and he came quietly and unknowingly like this...

(End of this chapter)