Chapter 121 Joint Marketing and Emblem Business

As soon as Hu Chuyuan's quota system was launched, foreign banks retreated collectively, and they had no intention of raising domestic silk prices at all... Isn't that a quarrel with themselves?

As soon as the foreign bank withdrew, the buyer had to withdraw, leaving only the Ningbo Chamber of Commerce. How dare they fight against Hu Chuyuan?

More than 40 Ningbo businessmen can't beat him together!

When the new silk was listed this year, the situation was stable and outrageous, which made the silk merchants depressed. Hu Chuyuan continued to take the route of small profits and quick turnover.

Due to the promotion of silkworm technology by Jiangnan Agricultural Cooperative in Poyang Lake, Chaohu, the river basin on both sides of the Yangtze River, Hangzhou, southeast Zhejiang and other places, this year's spring silk production has increased by 15% compared with last year, the proportion of special silk has increased by 7 percentage points, the proportion of first-grade silk has increased by 11 percentage points, and the second-level silk and third-grade silk The proportion has been significantly reduced.

This is a big bad news for the Japanese industry.

After the acquisition of Xinsi, Xu Run left Shanghai and took away his shopkeeper. Hu Chuyuan began to work in the nine-to-five style of Jiangnan Commercial Bank, and vigorously promoted a group of young shopkeepers such as Lu Sanyuan, Wang Xijiu, Luo Jincheng, Hu Changnian, Ye Tongguang, Shen Xihua, Yang Hongbin and Shen Maocai.

During this period, the Hu family seems to have really entered the era of Hu Chuyuan. Unlike Chen Xiaobai, Tan Yiyun and others, his management has an extremely special way and is more novel and humanized.

... Under the careful adjustment of Hu Chuyuan, Jiangnan Commercial Bank began to be a shareholding. The reading power of branches in each province is a joint-stock subsidiary, allowing the meeting office and shopkeepers to hold some of the shares. Among the various bureaus under the commercial bank, except for the China Merchants Bureau, the Translation Bureau, the Public Welfare Bureau, the Foreign Office Bureau, the Procurement Bureau and the Technology Bureau, which are directly under the six major bureaus. The rest of the telegraph bureau, the mining bureau, the heavy industry bureau, the railway bureau, the ship bureau, the engineering bureau, the water conservancy bureau, the textile bureau and the printing bureau all belong to the reading bureau. As long as other businessmen are interested in joint ventures, they can invest in these bureaus, which depends on whether he has the courage.

Considering the talent recruitment bonus effect of the National Academy, Hu Chuyuan also set up a national school in Beijing Normal University and Changsha, and the Public Welfare Bureau was responsible for funding public schools, and he himself funded the establishment of free six-year free six-year schools in various counties in the south of the Yangtze River.

... CITIC Qianzhuang, a subsidiary of CITIC Company, has completed the layout in the five provinces of Jiangnan and the whole country. With the adjustment of Hu Chuyuan, he began to invest in small Qianzhuang with the regional surname, and completed the development by controlling these small banks.

The biggest advantage of doing so is that you don't make enemies everywhere, and it's more hidden.

At the same time, CITIC Qianzhuang began to implement the deposit method, which is a disguised bond. It is printed on a copper plate using the Western bond method. There are two denominations of 100 yuan and 500 yuan. It absorbs deposits from the people and small businessmen. The fixed interest rate of one year is 5%, the fixed interest of the two-year period is 7%, and the fixed interest of the three-year period is fixed. The fixed interest rate is 10%.

Unlike coupons, deposit tickets are sold every month, mainly for small market deposits.

In order to take the last step towards the dream of CITIC Bank, he also sent shopkeepers to take turns to visit foreign banks, go to Wanqi Bank and Hanhua Bank for internship, and organize young people to carry out secret simulation operations and centralized learning internally.

... After absorbing some ideas of Hu Dazong's law, Hu Chuyuan also began to comprehensively promote the new joint venture law in Jiangnan Agricultural Cooperatives, using funds to raise funds to build roads, canals, reservoirs and other facilities to attract local gentry and farmers to jointly establish a township grain cooperative, raise funds to build infrastructure, and then the grain cooperative to carry out the members. Technology and loan support, using joint shares, deposit, deposit, agency sales and other methods to jointly operate.

The county branches of Jiangnan Agricultural Cooperative are responsible for exercising shareholder rights, unified management, and raising funds to set up agricultural products plus workshops with certain new equipment and production capacity.

This is a new joint venture law, which aims to grasp the land management rights as much as possible without affecting the land ownership of farmers, so that investment can be linked to returns.

... Poly's pawnshop business is not a part of Hu Chuyuan. He did not interfere. He continued to let Shen Furong and Zhu Funian take full responsibility, and also maintained the business mode of Duodang. It has more than 20 accounts such as Gongji, Yongheng and Shunji. Each account has more than a dozen shops, each of which can read each other and operate separately.

In addition to the three major shops of Jingshi, Tianjin and Shanghai, Rongbaozhai began to open up one shop in Hong Kong, Kaifeng, Luoyang, Xi'an, Hangzhou and other antiques and source markets.

These pawnshops and Rongbaozhai are mainly linked by Poly auction houses to speed up the entry and exit of antiques and second-hand goods through auction houses and increase the flow efficiency of funds.

... After Xu Run left, Hu Chuyuan re-opened a Guorun fund in Wanqi Bank to control the vast majority of the equity of Zhongrun Company. He sold 10% of the shares to Hu Yueqiao, Hu Shiyuan and Hu Weiyuan at a low price, and invited his fourth uncle Hu Yueqiao to be the nominal general director of Zhongrun Company, making the company look like It is the industry of the fourth master of the old Hu family.

He also invited some trusted Hui merchants and Nanxun businessmen such as Liu Yong, Pang Yunfei and Lu Xiyuan as directors of the company. The symbolic surnames each set up about 0.1% of the shares, claiming that they were 5%-10%, which strengthened their momentum, was conducive to them doing business with outsiders, and could also put the shares of Zhongrun Company on the surface. Decentralization of power.

Even so, Zhongrun Land Company has dispersed most of the Shanghai Concession real estate in 12 subsidiaries to operate separately, each with a shopkeeper. Since then, Zhongrun Company has continuously added five subsidiaries: Zhongrun Silk Company, Zhongrun Tea Company, Zhongrun Grain and Oil Company, Zhongrun Pharmaceutical Company and Zhongrun Textile Factory, choosing He shares with Liu Yong, Pang Yunyu, Xie Yu, Cheng Jinxuan and others. The fourth master mainly holds more shares in grain, oil and pharmaceutical companies. Liu Yong and Lu Xiyuan are in the silk industry, Xie Yu is in the tea industry, and Cheng Jinxuan is in the textile company...

The seven subsidiaries under the banner of Zhongrun, except for Zhongrun Land, have begun to diversify their shares in an all-round way.

Hu Chuyuan played a game of chess for them. Everyone rotated around the main axis of "Zhongrun" and earned their own money. If they were short of money, they looked for Hu Chuyuan. At the same time, a strange Zhongrun force was formed in Shanghai.

During this period, the employee self-study system advocated by Hu Chuyuan was really established. His Jiangnan Commercial Bank, Jiangnan Cooperative, CITIC Company, Zhongrun Company and Poly Company all adopted this system, and each of them set up a business department to handle it with full authority.

Within the five major companies, he also set up a new management system, increased managers, formulated a three-level system for clerks, implemented detailed management, improved apprentice treatment, set up the Office of Letters and Calls, as well as the Audit Office, the Finance Department and other decentralized institutions, allowing employees to write letters and visits of companies directly to make suggestions, and even sue their superiors for violations. Regulated behavior.

... During this period, Hu Chuyuan also fully listened to Xu Run's opinions. In Shanghai, Hangzhou, Suzhou, Wuhu, Tianjin, Hong Kong, Fuzhou, Xiamen, Quanzhou... All over the country invested in the construction of a new Huizhou Guild Hall, which is not only a hotel, but also convenient for fellow villagers.

In particular, the Huizhou Guild Hall in Shanghai is the largest, which is almost the largest hotel in Shanghai at this time. Hu Chuyuan was also built directly on the Yangtze River Road.

This new road is a new road built on the basis of the original North Huangpu Road under the arrangement of him and Wanqi Yanghang. It has been expanded to three or four times the original scale. It is known as the North Bund, which is more splendid than the Bund of South Huangpu Road. More than a dozen wharves are newly built, and the facilities and operating conditions are better.

Also under his operation, Dongtangjia Lane was expanded into Huizhou Road, and the place at the junction of the intersection and Yangtze River Road is the Huizhou Hall. Many Huizhou businessmen began to gather in this area to buy houses and buy family businesses.

What Hu Chuyuan wanted was this momentum. He also asked the newly promoted shopkeeper Hu Changnian to go to the Jiangnan Commercial Bank of Huizhou to be the shopkeeper. He bought more than 4,000 mu of fertile land for the Hu family in Jixi County, built a new Hu family compound, donated money to build a new ancestral temple, built an ancestral tomb and Hu Guangrong's merit temple, and donated Jixi to serve the country temple.

In the whole of Huizhou, he set up a Huizhou Business School and opened a charity school in various towns and townships. All the money was paid by Hu Chuyuan alone, and everything was entrusted to Hu Changnian.

He began to recommend some Hui merchants to enter foreign banks as buying offices, helping Hui merchants run new stores, new factories, match factories, lead pipe factories, foreign nail factories, glass factories, carton factories, pencil factories, tire factories... all slowly set up in Yangpu District. Technology depends on the United States, capital depends on CITIC, and business depends on themselves.

He also contacted other Huizhou businessmen with Cheng Jinxuan, Xie Yu and others. They jointly opened Huishang Qianzhuang, began to get involved in the Qianzhuang business in Shanghai, and compete with the Qianzhuang of Ningbo.

He chose to fund Xu Honghai to establish the Oriental Newspaper Company, bought the "Declaration", added the "Orient Weekly" and the English weekly "Asia Weekly", and funded Ma Xiangbo to establish Nanyang Public School, which was well as the Gezhi Academy sponsored by Xu Shou.

When Hu Chuyuan was busy with these things, Wu Shuzhen was also working hard to establish her own business name - Kimberley Jewelry Store. The two of them worked together. Hu Chuyuan made a move, and she ran around.

Under Hu Chuyuan's plan, she also set up the Kimberley Silver Building at the same time, made reasonable use of the resources of the silver building and the jewelry store, reduced manpower and procurement costs, and then opened the Kimberley Watch Store to represent the watches in Switzerland and France, and put on the signboard of "once sold, permanent warranty".

At this time, Hu Chuyuan's two younger brothers took Mei Qizhao's personal care and took the reputation together.

In other people's houses, these are two big things, but in Hu's house, this is really a sesame-like small thing. After all, it was earned by cheating, and the Hu family did not wantonly celebrate.

After taking the examination, the two continued to participate in the examination of Gengchenke in the sixth year of Guangxu. Of course, the result was to be famous.

Hu Pinyuan also wanted to continue to try his luck, so he continued to follow Yu Yue as a student in the National Academy of Sciences. In his spare time, he followed Gu Shouzang to learn some appreciation skills and the tricks of managing antiques. Or he would go to the Academy of Chinese Painting to learn calligraphy and painting, engrave seals, and live a very comfortable life.

After such an examination, the old third Hu Yanyuan knew his level of Sinology. If he wanted to refer to it, he would wait until three years later. After three years, he asked Hu Chuyuan to arrange it. The pseudonym Hu Sanli went to Wanqi Yangxing to start as an apprentice.

At the end of 1880, because the quietly built Kaiping Railway was about to be completed, Li Hongzhang had to set off a debate about the establishment of a railway. Hu Chuyuan persuaded Zuo Zongtang and unanimously advised the court to open a railway.

Unable to resist the pressure of the two departments of Hunan and Huai, no matter how much the officials and imperial historians scolded, the Qing court approved Li Hongzhang's proposal and allowed the governors of various places to try to build a small railway.

At the same time, Hong Kong and Shanghai Huili Bank officially changed its Chinese name to HSBC, which is divided into Hong Kong HSBC and Shanghai HSBC.

HSBC!!!

An era of Hong Kong's financial industry has quietly begun.

(to be continued)