Chapter 107 Hehaishe
Chapter 107 Hehaishe
Chapter 107 Hehaishe
Although dissatisfied, Zhang Kun had no choice but to accept the situation, just as the Canal Army had been incorporated into the guerrilla battalion.
On the river work camp side, Yang Desheng took over as the camp commander and concurrently served as the garrison commander, reducing the garrison troops to 150 men.
Ge Dajin took over as supervisor of construction work, and concurrently served as the chief craftsman and the chief grain supervisor.
Sun Shoucheng, the former grain inspector, was transferred to Jinyun Company to assist his father, Sun Jing, who had taken over as co-manager of the two capitals.
The newly established guerrilla battalion:
Tang Sheng served as the commander of the central army, leading 150 men in the second bureau.
由步甲2队、马兵2队、弓兵1队、统兵3队和新设的炮兵1队组成。
Zuo Liangyu and Cao Meng served as commanders of the left and right armies respectively, each leading 150 men in the first and third bureaus.
Each unit consists of one infantry unit, three cavalry units, one archer unit, and four commanding units.
Chen Jishi, Wang Chenglin, Su Chengde, Huang Xiushi and others served as chief sentry officers, acting as deputy officers to the battalion commanders.
Below them were sentry officers and flag bearers. For example, Cui Ziting served as a sentry officer in the personal guards, commanding a sentry of 50 men from Zhang Kun's household.
It consists of Team 1 (Vests) and Team 2 (Horse Soldiers).
Next are the teams, each with 15 people, and then a team leader is chosen for every five people.
In the battle to quell the rebellion, the archer units and the command units, which lacked horses, had very poor mobility.
Most of the battles were fought by mounted cavalry, infantry, and infantry units.
Therefore, Zhang Kun invested more money in the newly established mobile army camp, increasing the proportion of cavalry and infantry.
He also began to increase the number of horses for archer units, command troops, and even artillery units.
In order to win over his subordinates, especially his former subordinates who were no longer directly under his command, such as Yang Desheng, Ge Dajin, and Li Yong.
Zhang Kun began to consider giving them a stake in the Hehai, thus binding them more deeply with his interests.
Prior to this, aside from Xu Xin, who was the earliest follower, and Sun Jing and Matsuura Yasunobu, who provided initial funding.
Only his lover Cheng Wenqing and his allies Chen Jizong and Zhang Zhiyuan were able to secure a place in Zhang Kun's business empire.
Moreover, none of them own any shares in the Hehai, which is currently still solely owned by Zhang Kun.
Since he was going to reward those who held shares, Zhang Kun first had to figure out the income and expenditure of his business empire:
The most profitable business is the tuna business.
After losing his position as co-manager of the two capitals, Zhang Kun gave up his shares in the Jin Yun Hao firm, which he had held through Sun Jing.
A total of 25% was transferred to the Hehai ship.
The Jin Yun ship currently makes a profit of around 20,000 taels per month, which means the He Hai ship can receive 5,000 taels.
Zhang Kun's shares in Liminhao, Zhenjinhao, Qingxiahao, Tongyanghao, and Jinluhao had already been transferred to Hehaihao.
On average, I can receive about four thousand taels per month, for a total of 9000 taels.
Secondly, there's the burgeoning black tea business.
Because the production and processing of black tea must be carried out in the south, it is difficult to reduce the cost of Hongmei tea.
Unlike the business of tea barley, black tea faces strong competition from green tea.
You need to invest a lot of money in advertising and promotion, but you can't set the price too high.
Fortunately, the dozen or so milk tea shops that originated from black tea are all doing very well and bringing in a lot of profits.
Currently, income and expenditure are roughly balanced.
Thirdly, it was the earliest business to take over the lucrative business segment.
After the extensive dredging of the nine city gates, the price of fertilizer in the capital plummeted and has not fully recovered to this day.
And Fengguhao will no longer force customers to buy bean paper, and will collect fertilizer from their homes for free.
In addition, he also had to assist Zhang Kun in launching a public health campaign as the new official in Zhangjiawan and Hexiwu.
Even though Fenggu has monopolized the entire southern city, it is still operating at a loss, and the eunuch godfather's dividends cannot be stopped.
On average, about 1000 taels of silver have to be put into it every month.
Fourthly, the printing and publishing business.
The Guangwen Express is very profitable, far exceeding Zhang Kun's expectations; he had previously planned to subsidize it.
The bulk of the revenue comes from printing and selling books. For example, the illustrated edition of "Jin Ping Mei" has sold over 10,000 copies, generating 50,000 taels of silver!
Although Guangwen Daily's prices are not high, it is currently able to break even.
The Guangwen Journal published by Nanjing Guangwenhao has a higher price, which generates income.
The poetry gatherings, literary gatherings, opera performances, and novel readings held could be sponsored by the Nanjing Jinyun and Nanjing Hongmei ships.
Zhang Kun had no substantial shares in the Nanjing Jinyun ship, nor was he a major shareholder in the Nanjing Hongmei ship.
In addition, with sponsorships from two other businesses, the company is able to break even.
I can receive around 2000 taels per month.
Fifth, pure equity investment.
The ship's businesses included the winery of the Shaochun, the Japanese goods of the Jinghai, the maritime transport of the Shengzhou, and the cloth of the Tongji.
Zhang Kun obtained all of these through his power and influence, and he was not deeply involved in their management.
They can also receive around 2000 taels per month.
Sixth, the expenses borne by the Hehai ship.
Over at the river work camp, the newly established mobile guerrilla camp requires a monthly expenditure of around 4000 taels of silver.
In addition, Zhang Kun's personal expenses are manageable, but the main expenses are for starting new businesses such as the glass business.
The good news is that Ning Xuan'er and Sun Shuyun at home are now being supported by Cheng Wenqing, and there's no need to worry about Xu Fo in Nanjing.
The latter, after Zhang Kun had bestowed shares upon them, needed to account for them in Zhang Kun's private accounts to avoid blurring the lines between public and private matters.
All told, the monthly profit of the Hehai ship is 8000 taels!
That adds up to 96000 taels a year!
The annual tax revenue of Wanping County is less than 24000 taels!
Unbeknownst to him, Zhang Kun had already built a business empire that even he found terrifying!
Having settled his accounts, Zhang Kun decided to abandon the idea of giving his subordinates shares and instead switch to "virtual shares," paying them only annuities.
The first tier, for Wei Sengteng and Yang Desheng, is 100 taels per month.
The second tier consists of five people: Tang Sheng, Cao Meng, Zuo Liangyu, Sun Shoucheng, and Ge Dajin, who receive 50 taels of silver per month.
The third tier includes Cui Ziting, Su Chengde, Chen Jishi, Li Yong, and others, who receive 20 taels per month.
The fourth tier, including Wang Chenglin and Huang Xiushi, received 10 taels per month.
The first three months are paid monthly, and then it will be paid every six months thereafter.
In addition, Xu Xin, Ma Ping, Deng Wenqi, and other managers or stewards of various businesses.
After the monthly allowance was increased, half of it was converted into an annual allowance, distributed by the Hehai Ship. After the first three months, it was distributed quarterly.
Taking Deng Wenqi of the Fenggu as an example, his monthly allowance was previously distributed by the Fenggu.
Now, the Fenggu and Hehai ships each dispatch half, which means Zhang Kun's actual share has increased.
Although monthly expenses increased by more than a thousand taels, the money spent was still money.
If you don't spend them, they're just taking up space in the warehouse, and they'll oxidize and turn black if left for too long.
Moreover, after deducting all expenses, Zhang Kun can get at least 6000 taels of silver per month!
The annual allowance for the magistrate of Wanping County was less than 5000 taels of silver!
Zhang Kun renamed the Hehai ship "Hehai Society," and it was no longer simply a holding company.
For example, Zhao Mingyang, who was hired by Guangwen Company and ranked sixth in last year's imperial examination, was transferred to Hehai Society.
If Guangwenhao is acquired or even controlled by others in the future, Zhao Mingyang will still only listen to Hehai News Agency and Zhang Kun.
For example, Ning An, the tea master of the Limin ship, and other technical talents were also transferred to the Hohai Society.
All financial transactions between the various businesses had to be conducted through the Hehai Society.
Zhang Kun's ultimate goal was to transform the Hehai Society into a comprehensive trading company similar to the Japanese conglomerates of later generations.
To become the central hub of the entire commercial empire—the Hehai system!
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