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Chapter 89 Sky-high Price

In the industrial area, a group of businessmen have already visited here. They stood in front of a special glass curtain wall and quietly watched the looms operating in the distance.

When the machine is running, a piece of cloth is woven almost instantly, passed to the next machine for segmentation and packaging, and finally transported to the designated location by manpower.

Jingxi and Jingming were quite shocked when they saw such a scene.

Jingxi stretched out his hand, feeling the vibration on the glass curtain wall, and couldn't help but ask:

"How much cloth can be produced here in a day.".

The staff member replied with a smile:

"It depends on whether there are many orders. If there are not many, we will only weave 10,000 pieces a day and let the machine rest."

Jingxi's eyes widened.

"Ten thousand horses or just a break?"

The staff member smiled and said:

"Yes, we have hundreds of steam looms like this here, and thousands of people surround them. If they can't weave tens of thousands of pieces of cloth a day, what's the use of them?"

Jingxi's face gradually calmed down, she nodded and said:

"Been taught a lesson.".

The two stood here and watched for a while, quietly counting the number of pieces of cloth.

Ten minutes, nearly ninety pieces of cloth.

Jingxi frowned and stopped talking.

Jing Ming noticed Jing Xi's distress and smiled at her:

"If you want to ask, just ask.".

Jingxi got her brother's approval and finally asked the question she had always wanted to ask.

"Can I sell your loom?"

To their surprise, the staff member heard their questions and asked:

"Do you really want to buy it, or...".

Jingxi smiled and said:

"Of course I really want to buy it."

When the staff member heard this, his eyes immediately lit up. He looked around the peaks like a thief, and found that no colleague was looking here, so he said to the two of them:

"Please take a step to speak.".

Jing Xi and Jing Ming were taken to a quiet small room by the staff. This room was not too far away from the machines, but it was surprisingly quiet.

The staff wanted to give the two of them water, but Jing Ming stopped them.

Jing Ming asked:

"Is it time to tell us now?".

The staff member nodded, took out an abacus, and asked:

"A loom costs 200,000 gold coins. Something went wrong within a year. It's under warranty. Do you want to buy it?"

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Jing Xi and Jing Ming looked at each other and saw surprise in each other's eyes.

When the staff saw their performance, they thought they were too expensive. He quickly asked:

"If you two find it expensive, I..."

Unexpectedly, Jing Ming waved his hand nonchalantly and said:

"No need, we bought it.".

The staff member smiled like a flower and asked again:

"Should I buy a spinning machine? Should I buy a baling machine?"

Jing Ming nodded and said:

"Buy them all, buy them all."

"A spinning machine costs RMB 250,000 and a baling machine costs RMB 500,000. Since you two bought these two pieces of equipment, you also need to buy a generator. The generator costs RMB 2 million each. If you only buy one set of baling If you don’t have a machine, it would be a waste to buy a generator..."

Jing Ming frowned and asked:

"Why?".

The staff member smiled and said:

"Because one generator can power ten balers, it would be uneconomical if you only buy one."

Jing Ming looked at Jing Xi, and Jing Xi immediately took over the words and said:

"Then we will buy ten baling machines.".

The smile on the staff member's face became even brighter, and he said to the two of them:

"In this case, the ten balers are a bit of a waste."

Jing Ming immediately said:

"Stop it and just tell us how much we want to buy."

The staff member took out a piece of paper, wrote quickly, and quickly calculated it.

"Forty spinning machines cost 10 million, twenty looms cost 4 million, ten baling machines cost 5 million, plus a generator, a total of 21 million."

Jing Ming's eyes widened and he asked:

"How many?".

The staff member smiled and said:

"Twenty-one million."

Jing Ming sat back and said with emotion:

"No wonder you agreed to sell these things. What's the difference between you and Ming Rong."

The staff sneered:

"You can't say that. When twenty looms are in operation, one million pieces of cotton cloth per year is more than enough. After excluding the cost, these twenty looms can bring you two million pieces per year. The net profit of gold coins, 21 million, can be recovered in just eleven years, and for such a large order, you can also negotiate the price..."

Jing Ming smiled bitterly and said:

"Show me this order and I will consider it carefully."

The staff member smiled and said:

"We're always welcome."

Jingxi and Jingming left the factory in a depressed mood. They stayed in the factory and felt that the air in the factory was filled with the smell of copper.

Jingxi said to Jingming:

"I take back what I said before.".

Jing Ming asked in shock:

"Which sentence?".

Jing Xi said:

"Some things are not sold just because the asking price is not enough. Because I found that that kind of statement only applies when the assets of both parties are unequal."

When Jing Ming heard this, he burst into laughter.

Jingxi asked:

“Should we buy it?”.

Jing Ming sighed and said to Jing Xi:

"I think it's better to visit Xu Kuang first. If he is willing to sell it cheaply, we will definitely be willing to buy it..."

Jingxi heard this and said:

"But how should we visit Xu Kuang?".

At this time, a person behind the two said:

"Xu Kuang is right behind you.".

Jing Ming was shocked. He didn't notice Xu Kuang standing behind them at all.

Xu Kuang had been following them for a long time, because the news that someone wanted to buy a loom was sent to Xu Kuang immediately. Xu Kuang took this matter very seriously and came immediately.

Xu Kuang followed the two of them and listened for a while. He didn't expect that the people in the Commerce Bureau had such dark hearts. The manufacturing cost of the loom was only one thousand gold coins, but these people added several zeros at the end.

The three of them greeted each other separately.

Jing Ming smiled and said:

"I wonder if Lord Xu can sell us some looms cheaply?".

Xu Kuang smiled and said:

"I have nothing to say about this matter. You need to negotiate the price with our Commercial Bureau's negotiation team. Don't worry, if you really want to buy it, we can still give you a satisfactory discount."

Jingxi looked at Xu Kuang and expressed his doubts:

"Why doesn't Lord Xu monopolize the loom in his own hands?".

Xu Kuang smiled and said:

"How can you make money faster by selling cloth than by selling looms? My territory needs money to develop, and it's just cloth, so it's harmless."

Yes, for Xu Kuang, even if the technology of the loom is developed to the highest level, the cloth woven cannot be invulnerable. At the moment, he might as well gather more funds to allow Mogu Ridge to develop rapidly.

Jewelry, the most profitable industry at the moment, has also entered a period of sluggish development. Xu Kuang’s influence is only useful in Moriel City and Baihua City. It is not suitable to go further afield. Only a handful of powerful high-end customers can still persist. Consumption, others have already been dissuaded by the high price of customized jewelry.

As for civilian jewelry, it is not a necessity. After the markets in several places are saturated, it will be difficult to sell them again.

Therefore, Xu Kuang needs to expand his financial avenues and find a way out for the various industries where he spends money.

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