"To reduce the scale, we still need to focus on the civilian market or insensitive military products, such as artillery. I am considering transferring the rapid-fire guns to the Spanish, British, Dutch and domestic military companies, and letting them kill them at will;

The output of 18-pound guns will also be controlled in scale in the future." Alphonse smiled: "Next, we will develop civilian products such as artillery carriages, flintlock engines, etc., and gradually get rid of the label of arms dealers."

"But if you accept investment from the Louvre, how will you get rid of it?" An asked.

"So I will not completely break away from military products. I will just reduce the scale of artillery. While maintaining profits, there is no need for the Louvre to let us produce weapons to sell to foreigners." Alphonse said with a smile: "At the same time,

, we still maintain our development capabilities. One day the Louvre will need us to customize artillery for them. We can sell technology, but as long as we don’t produce it, we are not arms dealers.”

"I always feel that for us, the reduced scale is still a huge output for most military industrial enterprises." An thought for a while and then said.

"This is a problem. For most factories, they may only produce a few artillery pieces a day. We have more than one production line, and in order to ensure that our ships can be installed as soon as possible, we must at least reach 100 18-pound guns per month.

The gun productivity is even 200." Alphonse smiled bitterly and said: "It seems that we have to work hard on the planning of the Chamber of Commerce."

"What does it have to do with the Chamber of Commerce's plan?" An Qi asked.

"Just like the cooperation with the Orange family, we split the artillery industry into a separate chamber of commerce to receive investment from the Louvre. It is no problem to let them hold more shares. Anyway, once we get enough artillery,

We will quickly reduce the scale. As long as the Louvre is bombed, we can simply transfer it to the Louvre. Then we can get rid of it completely and get 500,000 livres for free." Alfonse smiled: "But the idea is good.

But the Louvre is not that stupid, I have to make it more interesting to the Louvre, so that we can let the Louvre acquire it."

"Don't tie yourself up." An hummed. How could it be as simple as Alphonse thought?

After returning to the house, Alphonse hurriedly finished his meal and hid in the study to study his plan for the chamber of commerce. This disappointed Anpo, who originally wanted Alphonse to accompany him to watch the stars, but thinking about it, men are always career-oriented.

Heavy, she sat alone in the hall and drank hot cocoa leisurely, while thinking about how to deal with her cousin's affairs next...

Until about 11 o'clock in the evening, An, who had just finished taking a shower and was getting ready to go to bed, suddenly heard someone knocking on the door! She frowned and asked: "Who?"

"It's me, An, I have something to tell you." Alphonse's voice came from outside the door, and An's heart began to beat faster for no reason, and then she asked with a slightly trembling voice: "What's the matter?"
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"Yes..." Before Alphonse could say anything, An opened the door with a clang and blocked the door. He had no intention of letting Alphonse in. Alphonse took a look at her wet hair and then took a sneak peek.

A glance at the corset and underwear she was going to wear tomorrow on the bed were of different colors, and she knew that she had no plans to develop quickly... so she stopped thinking about it and put a piece of parchment on it.

He handed it to An and said with a smile: "Julia will leave it to you next. These are some of the things I originally planned to talk to her about. I will be busy next time, and since Uncle Darren has not come back, there will naturally be no banquet."

It’s necessary, so I wrote everything down on the parchment to make it easier for you to plan your next trip.”

"Really?" Ann took the parchment but did not open it. Instead, she looked at Alphonse and asked, "Is there anything else?"

"This is for you." Alphonse handed over another exquisite small square box. An was stunned for a moment, then took it and opened it. It turned out to be an exquisite and aged brooch with some yellowing pearls and heel on it.

It seems that this can be seen in worn red gemstones.

"This is my mother's favorite brooch." Alphonse said with a smile: "I think it will look good on you too."

"This... is too expensive..." An said awkwardly, holding the small square box.

"Good night." Alphonse couldn't help but kiss her on the forehead, then turned and left. Looking at the direction he was walking, he went back to the study, and he didn't know how long he would be busy.

"Hmm." An covered her mouth with her hand, looked at the brooch and snickered, closed the box, closed the door, hugged it and put it on her chest, went to bed and began to reverie...

"Dong dong dong." There was a knock on the door outside the study, and Alfons said while writing straightly: "Who?"

"Master, it's me." Alfred's voice sounded outside the door.

"Come in." Alphonse continued to ask with a smile without raising his head: "Mr. Alfred, haven't you rested yet? I told you not to worry about me."

"Master, it's already dawn." Alfred came to Alphonse's desk with a glass of hot milk, looked at the pile of papers randomly placed on the table and said helplessly: "You can have a glass of milk and go back to rest."

"Just put it aside, I'm almost done." Alphonse replied while writing and drawing.

"Then you go to bed early." Alfred reluctantly put down the milk cup, helped him pick up a few pieces of paper that fell on the floor and put them on the table, then sighed and left the study. Alfred was

I knew Alphonse was motivated, but I didn't expect that he would have such achievements at such a young age, and yet still work so hard. Thinking about Sir Armand, who is also a compatriot from the same mother as him, I suddenly felt that I didn't work for him back then.

Happy...

When Alphonse finally finished everything he was doing and put it aside, he realized that the milk Alfred brought to him had already become cold. He drank the cold milk with a helpless smile while checking again.

A masterpiece that I worked hard on all night.

Alphonse, who was a fisherman and seaman in his previous life, actually didn't know much about business operations. After all, he was a wage earner working for capitalists at that time, but that doesn't mean that he knew nothing about hedging some assets.

Even because navigation is one of the most complex affairs in the world, as the second officer, what he needs to do most is to find out the ultimate person in charge of the ship, cargo, seamen, and passengers. For example, if the cargo is encountered

In times of shipwreck or force majeure, those goods that are not insured or cannot cause trouble to their customers will be the first to be abandoned. Naturally, how to help customers buy insurance and implement responsible persons is also his biggest source of extra income. Likewise, he

I also understand the various tricks used by companies, especially insurance companies, to shirk responsibility!

For example, right now, he has carried out a series of cross-shareholdings in the Chamber of Commerce: first, he established an investment chamber of commerce, which will receive all 500,000 livres of investment from the Louvre. Then, this chamber of commerce is not owned by the Louvre, but by the Louvre.

With Alphonse as the person in charge, similar to an investment manager, he reinvests for the Louvre. The object of reinvestment is the General Chamber of Commerce established by Alphonse. In other words, the investor will invest in the General Chamber of Commerce's equity and ultimately hold the capital.

Someone is still Alphonse! But who is responsible? It will be shared between the General Chamber of Commerce and Alphonse, because the investors hold the shares of the General Chamber of Commerce and will suffer losses or gains in proportion, and naturally Alphonse will always

It has the right to withdraw shares and stop losses. Furthermore, the General Chamber of Commerce does not conduct commercial operations. Instead, it has various sub-chambers under its umbrella, namely the Industrial Chamber of Commerce, the Vehicle and Ship Chamber of Commerce, and the Goods Chamber of Commerce. In other words, production, transportation, and goods are

They operate separately, and their respective settlement profits are then handed over to the General Chamber of Commerce for distribution. However, these three sub-chambers still do not participate in actual operations, but further invest in joint ventures. For example, the Security Chamber of Commerce, which is a joint venture with the Orange Chamber of Commerce, is the Vehicle and Ship Chamber of Commerce.

The Chamber of Commerce each holds 25% of the joint venture with the Orange Chamber of Commerce. In other words, the main person responsible has become the Orange Chamber of Commerce. After all, they are the apparent major shareholders; the same is true for the Artillery Workshop, which will be controlled by the three chambers of commerce.

It holds shares separately from the owner Alphonse, and half of the shares are held by the Industrial Chamber of Commerce, which is then pledged to the highest-level investor association as asset guarantee. In other words, the Louvre becomes the creditor of the artillery workshop. If it goes bankrupt

Or it is sold, then the Louvre becomes the takeover...

With this kind of cross-holding, the Louvre can be easily used as a talisman for the artillery workshop, while the Louvre can hold the artillery workshop that it wants most and enjoy more benefits.

After all, the income of all sub-chambers of the entire General Chamber of Commerce will participate in capital allocation and be fed back to the Investment Chamber of Commerce in proportion, and then further fed back to the Louvre by Alphonse!

Similarly, Alphonse has greater room for operation: first of all, there is the issue of total share capital. For example, the Security Chamber of Commerce, which is jointly operated with the Orange Chamber of Commerce, currently has a rough estimate of assets of 740,000 livres plus one.

If you obtain a privateering license, you can further create 1/2 of the debt capital of the artillery workshop of 190,000 livres (an asset privateering license of 550,000 livres). In this regard, if you also admit that the value of the privateering license is 150,000 livres, then

It can be seen as equally dividing 550,000 livres in assets and half a privateering license, or it can be seen as the Orange Chamber of Commerce holding a privateering license and 200,000 livres in assets. After all, if the two parties part ways, the Orange Chamber of Commerce will not

If you have no choice but to retain your privateering license, the General Chamber of Commerce will directly hold 190,000 livres in debt and 350,000 livres in assets. This means that in addition to the 250,000 livres invested in the Chamber of Commerce, the General Chamber of Commerce will still hold

Has assets of 290,000 livres!

Of course, if it were written so openly, the Louvre would not invest at all. Therefore, Alphonse would make a statement on the asset value of the Security Chamber of Commerce first, instead of using the money from the Investor Chamber of Commerce to invest. Instead, he would use the current value of the assets of the Chamber of Commerce to invest.

The capital owned by other equity investors was used to advance the investment, and then the liabilities were further transferred to the Artillery Factory, and at least 75% of the shares of the Artillery Factory were cleared out to the Louvre Museum, and then the money from the share transfer was used to advance the investment.

Balance the share of the debt!

For the Louvre, or for Sir Virgery or even Colbert and Duke Letelier, they completely don’t understand the twists and turns, and they will only think that Alphonse is selling his shares in exchange for

So what if the funds are used to invest in other business sectors? I want the biggest cake, and I also have a share of the desserts besides the cake! This is enough to satisfy their appetite.

Alphonse is very satisfied with this plan. First of all, the Louvre sees that the creditor is clear, which is Alphonse, and the guarantor is also clear, which is the General Chamber of Commerce with a larger total investment. What about the assets? It is still clear that the investment object is

The artillery workshop and related land, factories and technical reserves; what about the assets of the guarantor? It is still very clear that the three major chambers of commerce below the General Chamber of Commerce, as well as the many joint venture chambers of commerce that are cross-shared by the three major chambers of commerce, are still large.

Part of it is a 50-50 shareholding with partners, which means that the guaranteed assets have been further expanded to nearly double the equity assets. When necessary, if the Louvre loses money, you can seize these companies and confiscate their properties to get back the investment.
Chapter completed!