Chapter 136
Just when the Demon City was in the War of Resistance, in March 1932, the steel plant built by the Qin family in Dukou City was put into production.
According to manager Zhang Zhenye, an 80-meter-high iron smelting furnace and two 150-ton steel smelting furnaces can produce more than 20,000 tons of steel if it rotates normally and is more than 20,000 tons of steel! It only takes 40 minutes to refine a furnace of steel. If it rotates continuously, it can produce millions of tons of steel a year. The problem is that iron ore, coking cannot keep up, and the efficiency of workers is not that high, so it is still reliable to produce 20,000 to 30,000 tons per year.
In this year, the entire steel production of China was only 30,000 tons, so the start of production of the Dukou Steel Plant is equivalent to suddenly double the steel production.
Qin Di did not publicize it because this is an independent investment company of the Qin family. If it is widely publicized, it will definitely welcome official stocks. Although it will be a matter of time before official stocks enter, he does not want to lose his controlling stake so soon.
On May 1, 1932, the "Shenlong Bicycle Factory" was also built in Magic City. All the machinery and equipment were transported from the United States, and dozens of foreign technicians were also on the ship. Manager Wang Shouqing hired more than 200 workers and technicians from Magic City locally, so the bicycle factory quickly began to start production. Products include bicycles and tricycles. They have the same principle and the production process is similar.
As soon as the "Shenlong Bicycle Factory" is put into production, it can produce 3,000 bicycles and 200 tricycles per month. According to the designed output, it can produce 10,000 vehicles per month in one year.
Because the price is low, a bicycle costs only 50 yuan, which is half cheaper than imported foreign goods and 20% cheaper than assembled goods, so the bicycle is popular among people. Not only are it actively purchased by private enterprises, but also Tongchang, Deli, Daxing, Taichang, Runda and other car dealers have also placed orders to buy rickshaws.
With the start of production of the "Shenlong Bicycle Factory", the original assembly factory and the parts factory went bankrupt, and some personnel became workers of the "Shenlong Bicycle Factory", and two parts factories were absorbed by mergers and acquisitions.
On May 15, Qin Hanxu and Huiko returned from Japan.
They gained a lot in the past six months, inspected the domestic economic situation in Japan, contacted twenty or thirty companies, and negotiated five agreements.
Before Uncle San went to Japan, Qin Di had a secret talk with him and mentioned some company names.
As a regeneration, Qin Di knew that there were some world-famous century-old companies in Japan that had been founded before this. For example, Toyota was founded in 1896, Mazda was founded in 1920, Suzuki was founded in 1920, Isuzu was founded in 1916, and Mazak Yamazaki was founded in 1919... There are hundreds of similar companies, many of which have investment value.
But there is a problem here, because during the war, more than half of the companies switched to produce military-industrial materials, such as Mitsubishi Heavy Industries, which produces tanks, and aircraft; Toshiba produces radars and military electronic tubes; Hitachi produces warships and tank engines... There are countless similar companies.
Since Qin Hanxu went to Japan to invest at this time, he could not invest in companies that strengthened Japanese military industry. So after carefully selecting, he chose Yamaha, Sharp, Olympus and two catering companies.
The Yamaha brand was founded in 1887 and is a company that produces musical instruments. It first produced organs, made vertical pianos in 1900, made grand pianos in 1902, and later expanded to multiple musical instruments.
This is a company that has been popular for many years. It only encountered trouble during the economic crisis in the 1930s. Many people could not afford to eat, so they naturally had no intention of buying musical instruments, and exporting was even more difficult. Therefore, Qin Hanxu seized the opportunity, injected 2.6 million yen, and obtained a 25% stake in Yamaha.
You know, the yen at this time is very valuable, not comparable to the yen later; the size of the Yamaha company is not as large as that later.
Another company is Sharp. Sharp was founded in 1912 and mainly produces pencils and radios. By 1932, it was still a small company. Therefore, Qin Hanxu only spent 1.4 million yen to get 25% of the shares.
Of course, 25% of the shares may not be able to maintain this number after a long period of time, because if a company wants to grow, it often needs to increase capital and expand its shares many times, which will dilute the previous shares.
In any case, the Qin family seized the initiative and diluted their shares in the future, and they also occupied a favorable position.
The third one is Olympus, founded in 1919 and has started producing microscopes in 1920.
Qin Hanxu injected 1.8 million yen and obtained 20% of the company's shares.
The two catering companies are Hibiya Matsumoto Building and Amabu Iikura.
Hibiya Matsumoto House Restaurant is the first Western restaurant in Japan opened in 1903. Its surroundings are surrounded by the beautiful greenery of the four seasons, making people forget that they are in the urban commercial district, as if they are in the forest.
Mabu Mikura is a time-honored eel rice store that has been established for 200 years. The eels that the store has carefully baked are drizzled with unique sauces that have been passed down since its founding. It is an artwork that makes foodies praise.
Qin Hanxu was very surprised when he visited Japan and spent half a year 10 million yen to acquire some shares of five companies.
Qin Di didn't expect that Japanese companies were so cheap this year! He thought it was a big company worth hundreds of billions of yen later!
He thought about it for a moment and felt that this was completely understandable. It was different. In the early days, Japan was still very poor. From 1921 to 1929, the annual economic growth rate was only 3%. From September 1929, it began to enter an economic crisis. Many workers were unemployed and farmers' lives were even more difficult. At this time, Japan's highlight was still on light industry, such as textile industry, so enterprises like Yamaha, Sharp, and Olympus developed relatively slowly. This is completely different from the period of rapid economic growth in Japan in the 1950s and 1980s.
Therefore, after Qin Di learned the news, he couldn't help but smile and said, "Uncle San, you should go to Japan again and spend the remaining money as soon as possible!"
However, Qin Hanxu grinned and said, "No! Your aunt is pregnant, I won't go anywhere for the time being!"
Qin Di was a little surprised: "This is strange! Aunt San returned to Japan to live for half a year and then regained her youth?"
Because Qin Hanxu was fifty years old, Huizi was only two years younger than him. After giving birth to Qin Zhan, there was no movement for many years. Unexpectedly, he suddenly became pregnant, so as soon as Huizi returned to Qin Mansion, he went into the house to rest.
Qin Hanxu smiled happily and said, "I am still looking forward to having a child when I am old! For me, this is the top priority!"
Qin Di asked: "Uncle San, how did you arrange for the collection of economic information if you don't go to Japan?"
Qin Hanxu replied: "Two of the three people who went with me stayed there, and it is the same for them to collect information."
Chapter completed!