Daming Town Haiwang

Chapter 2252, Overcapacity economic crisis 2
"Your machines are really good. They are all the latest and most advanced machines. The investment is not small, right?"

Liu Jin carefully visited the factory. The factory in front of him has a large scale, advanced equipment, and good management. It's a pity that the current textile industry is a red sea, and the profit has reached the lowest level, which is very meager.

No way, I chose to use food to impact the global food market in order to achieve the goal of controlling the world. As a result, the global cotton and wool production has been greatly increased.

The huge increase in cotton and wool production also allowed the textile enterprises of the Ming Empire to run at full capacity, and the amount of cloth and clothes produced increased too much compared to before, which brought the textile industry from the Silver Period to the Red Sea Period.

There are too many large and small textile factories all over the country in Ming Dynasty. It is really too difficult to produce in the Red Sea without changing the business ideas and methods.

The best thing to do here is the Caiyun Textile Factory of the Wang family of Wang Shouren. Caiyun Textile Factory has used mechanized production on a large scale since the beginning, and has earned the initial gold in the textile industry.

Then, under the guidance of Wang Shouren, Caiyun Textile Factory focused on garment manufacturing and production, and cloth production was only the initial environment of the textile industry.

In the past, everyone bought their own cloth and made their own clothes. Because of technology, the equipment they made by themselves was often not satisfactory.

To put it simply, most ancient clothes had big cuffs, not because clothes with big cuffs looked good, but because the technology of making clothes was not good.

Wang's Caiyun Textile Factory focused on garment manufacturing. With the rise of the Ming Empire's industry, a large number of people flooded into the city and became industrial workers. Everyone had no time and energy to make clothes by themselves.

Garment manufacturing also achieved great success because of this, and quickly developed in Daming, and Caiyun Textile Factory also earned a second pot of gold in the textile industry.

Later, more and more companies made ready-made garments. Caiyun Textile Factory changed its thinking and focused on the brand and fashion field. It hired professional designers to design clothes, shoes, etc., and the clothes it produced were the best-looking clothes. Also the most fashionable clothes.

It has been leading the dressing of Ming people. The golden signboard of Caiyun Textile Factory is also recognized by everyone, and it has opened exclusive stores all over the country.

The clothes inside are much more expensive than other people's clothes, but everyone still recognizes the brand, quality and fashion of Caiyun Textile Factory, and the sales are better than other clothes.

In addition, Caiyun Textile Factory also focuses on the field of sporting goods. Shoes are another major product of Caiyun Textile Factory. Many football games in Ming Dynasty basically use the shoes produced by Caiyun Textile Factory.

This also made Caiyun Textile Factory the brand most recognized by young people in Ming Dynasty. Even though the price was expensive, it was still selling very well.

While countless companies like the Jinyun Textile Factory in front of us were struggling in the Red Sea, Caiyun Textile Factory lived a very comfortable life.

Caiyun Textile Factory, which focuses on brand, quality and marketing, has always firmly occupied the throne of the leading textile enterprise in Daming. The annual output value is very huge and amazing, and the profit is extremely high.

"Mr. Liu has sharp eyes. These machines are indeed not cheap. They are all the latest machines, and they are textile machines produced by Jingcheng Machinery Factory."

When Xie Yunshan heard this, he smiled and nodded.

"Is it the Jingcheng Machinery Factory?"

When Liu Jin heard this, he immediately smiled. This is also his own industry. Jingcheng Machinery Factory has always been the leader in the field of Daming machinery, specializing in the production of various machinery and research on mechanical power technology.

The machinery in the textile field is only a part of the business. Now the Jingcheng Machinery Factory mainly produces various machine tools, engines, and researches new machinery.

It has always been famous in the industry for quality first, performance first, and first-class service. It is the favorite partner of Daming people. Although the machine prices of Jingcheng Machinery Factory are not cheap, you get what you pay for, and everyone prefers it. Trust in Jingcheng Machinery Factory.

"Well, your production capacity looks pretty good."

Liu Jin nodded slightly, thought for a while and said.

"Mr. Liu, I'm not bragging. Our Jinyun Textile Factory is definitely the most advanced factory at present. The production capacity is absolutely guaranteed, and we can satisfy as many goods as we want."

When Xie Yunshan heard this, he immediately patted his chest to reassure him. In fact, he was secretly looking forward to it, hoping that Mr. Liu in front of him could make a big deal for him.

"How much do you sell for a piece of cloth?"

Liu Jin nodded slightly, thought for a while and asked.

"Don't tell lies in front of real people."

"In our textile industry, the rule has always been that the more you get, the cheaper the price."

"With me, my price is definitely lower than that of my peers."

“5万匹以内我可以给伱70文一匹，达到10万匹的话68文一匹，超过20万匹的话可以给你65文的价格。”

Xie Yunshan pondered for a while, and after thinking about it, he came up with a price.

Xie Yunshan's profit at this price is actually very low, but it is still profitable.

Although the efficiency of the machine is much higher than before, the labor is much more expensive than before. Generally speaking, the cost price of cloth is still maintained at the previous price of about 50 ren.

Of course, because Xie Yunshan is a brand new machine, the price is expensive. If the depreciation cost of the equipment is included, his cost will exceed 60 renminbi.

"Your price is not cheaper than the same price, but more expensive."

"As far as I know, in some overseas vassal states and colonies, the price of their cloth can be below 60 Wen."

After listening, Liu Jin thought for a while and said.

"Sir, it seems that you are also an insider and know very well."

"It is true that there are people overseas who can make the price below 60 Wen, but the machines they use are not as good as mine, and the quality of the woven cloth is naturally not as good as mine."

"The other thing is that they use slaves to weave. The slaves can weave any good cloth. The girls I employ here are all girls from Nanyun Province. They are ingenious and can weave any pattern they want."

When Xie Yunshan heard this, he immediately complained inwardly. The master in front of him is no fool, he even knows about overseas colonies and vassal states.

The Ming Empire did not allow the existence of slaves. Even female slaves were often bought home and used as concubines and maidservants. After all, the existence of female slaves was only allowed for the reproduction and expansion of the population of the Ming Dynasty.

Male slaves were not allowed to enter the Ming Empire, only the plantations on the Nanyang side had a large number of castrated male slaves.

But overseas vassal states and colonies are different. Each colony and vassal state has different laws, and their attitudes towards slaves are also different.

Some colonies and vassal states allowed the keeping and use of slaves, which attracted many textile enterprises to move there, and a large number of slaves were used for weaving.

The cost gap between using slaves and hiring Ming people is too great.

Buying a slave is only a few dozen taels of silver, which can be used for a long time in the future, but hiring a Daming person requires at least more than 100 taels of silver a year.

The shrewd capitalists, of course, clearly calculated the gap.

The cloth produced by these overseas colonies and vassal states also quickly impacted the local textile enterprises of Ming Dynasty, making the already red sea market even more miserable.

You must know that even a company like Jinyun Textile Factory can't make it below 60 Wen, but the cloth spun by slaves can easily do it, and it can even be lower than 50 Wen.

"Haha, that's true."

When Liu Jin heard it, he also said with a smile.

Look at the female workers in the textile factory in front of you. This is an extremely beautiful landscape. There are too many beauties here in Nanyun Province. If you pull out one casually, it will be a great beauty.

There are many women in this textile factory, which is very pleasing to the eye when you look at it.

"You still have a lot of goods left in your warehouse?"

After laughing, Liu Jin thought for a while and asked.

"Forehead"

Hearing Liu Jin's words, Xie Yunshan and his son Xie Feng looked at each other. The Mr. Liu in front of him was really difficult to deal with. He probably knew his own details clearly.

It may not be easy to earn money from him, but as long as he can sell the cloth, recover the funds, and maintain his factory, even if he loses money, he will sell it.

"It seems that the gentleman also knows very well, Mr. Dissatisfied, there is indeed a little stock in the warehouse now, and this is mainly for big customers like the gentleman."

"Big customers want a lot of goods at one time, and they need to be in a hurry. If there is no certain inventory, they will lose the big customers."

Xie Yunshan smiled and said, using this to cover up his real situation, if people know that his inventory is very large and the goods cannot be sold, the price will be severely suppressed.

"As far as I know, the entire textile industry has entered a severe winter."

"I have visited many textile factories, and almost every factory has a large backlog of inventory. Many factories have completely shut down, and some have even gone bankrupt and sold their machines."

"It's just that now, the machines are not easy to sell. Unlike before, someone always took over those machines."

Liu Jin looked at Xie Yunshan and said with a smile, explaining the current situation facing the textile industry.

Now the Ming Empire has begun to experience overcapacity, which will lead to signs of economic crisis. The biggest problem among them is the textile industry, which has a serious overcapacity.

(End of this chapter)