Xiangxi Mining Industry emerged.

All the 25 chambers of commerce that participated in the banquet of Queen Liu Ruyan on the same day participated. Among them, Yu went all out. After selling and pledging his original business and even his own real estate, plus its own cash flow, he became the largest shareholder of Xiangxi Mining, accounting for 30% of the shares.

The other twenty-four chambers of commerce all gathered together and jointly accounted for 50% of the shares.

The Business Department, which belongs to the court, accounts for 10% of the shares. Of course, the Business Department does not pay for this amount, they produce technology. Since all previous minerals and other businesses were controlled by the court, the relevant talents in a series of processes such as testing, mining, training, and production were also held by the court, so the Business Department invested in technology and accounted for 10% of the shares.

The remaining 10% was left to the local people in Xiangxi under Wang Mingyi's insistence. In Wang Mingyi's words, if we eat meat, we must let the local people in Xiangxi drink soup, otherwise if we don't do it well, we may be smashed into the pot.

Although the merchants present were a little unwilling to accept this, they could only accept the fact that they traveled around the world and naturally knew that if they could unite their local forces, they would not be able to make things difficult for you. If such a thing really happens, even the government will not stand on their side. For the government, maintaining local stability is probably much more important than letting them make money.

"Your Majesty, our businessmen in the Tang Dynasty are so powerful that they are amazing!" After the negotiations reached a preliminary intention, Wang Mingyi reported to Li Ze excitedly.

“How much money was raised?”

"More than 10 million. The Yu family invested 3 million." Wang Mingyi said: "Therefore, Xiangxi Mining will be the main manager of Yu family Yu Shuxin, and the specific management team will be formed by him. After passing the review of the shareholders' meeting, it will be completed. According to Your Majesty's earlier intention, the imperial mining and smelting department will only provide business guidance and not interfere in specific business management."

Li Ze nodded: "Let them manage their own business. Money is their own, and making money is their top priority. Therefore, they will try their best to control costs, improve quality, and maximize the optimization of the operation process. Once the court intervenes, they will be afraid that they will lose their opponents."

"Is Your Majesty talking about a supply and marketing cooperative?" Wang Mingyi said in a shameful manner.

Supply and marketing cooperatives played a huge role in the middle and early days when Li Ze was in charge of power. They allowed Li Ze to integrate and concentrate a large amount of resources for allocation through supply and marketing cooperatives to make it play its greatest role. However, as the territory became larger and the regime became more and more stable, the disadvantages of supply and marketing cooperatives were also emerging one by one.

Until now, after Li Ze ascended the throne and became the largest commercial body of the Tang Dynasty, problems have emerged one after another. Corruption has been ranked first among the Tang Dynasty bureaucracies for several years, and it can be said that one killer has emerged one after another, killing them endlessly. The reason is that it has mastered a large amount of resources and a lot of product pricing power. From production to ordering to sales, the one-stop closed business model provides the best breeding ground for corruption for the controllers of rights.

Correspondingly, after the Tang Dynasty relaxed its operations on a large number of industries, the supply and marketing cooperatives with the strongest resources and the most complete layout have lost consecutive battles in competition with private individuals. The current supply and marketing cooperatives are still trying hard to support them in big cities and still have advantages in the vast remote rural areas, but in small and medium-sized cities with convenient transportation and relatively developed economy, they have all lost.

The supply and marketing cooperative, which was once a powerful tool for making money in Li Ze's hands, was about to suffer large-scale losses. If it weren't for the special products of some special industries that were protecting them and the court's policies supported them, they would have been defeated long ago.

"What do you think?" Li Ze rolled his eyes and looked at Wang Mingyi, "From last year to this year, from the local area to the center, there were 63 corruption criminals arrested in the cooperative, which was shocking. What was your former assistant's name?"

"Wang Banggong!" Wang Mingyi whispered.

"Hmph, Wang Banggong, did a good job when he was in the Ministry of Revenue. He went to the cooperative and got hundreds of thousands of yuan in less than half a year. At that time, I couldn't believe my eyes, but the Supervisory Committee came up with ironclad evidence!"

"Your Majesty, I am ready to start restructuring it." Wang Mingyi whispered.

Li Ze said calmly: "The court's finances are now tight, but these people are holding money in their arms. It is unbearable. Wang Mingyi, for those places with serious losses, don't be ruthless when it comes to selling what should be sold and what should be cut."

"Sold to private?"

"Why not? Let's cash out as you can still change a few dollars." Li Ze said angrily: "The further you go, the less valuable it will be. Also, what is the most valuable thing about the supply and marketing cooperatives now? It is their perfect logistics and transportation system, which will separate them from operating separately. Look at how Tongda does it? In just a few years, a group of trading companies organized by Lifu has developed into one of the four major chaebols of the Tang Dynasty. The cooperative has such good resources, but is not enterprising, and has fallen day by day."

Wang Mingyi became more and more shocked the more he heard it. He was originally talking about the matter of Xiangxi Mining, but why did it suddenly get involved in the supply and marketing cooperative? And the actions were so big. The emperor's words were a drastic change for hundreds of thousands of employees in the supply and marketing cooperative.

"The logistics system of the supply and marketing cooperative is still a high-quality asset now. Sell them out and let them compete with Tongda and others. If they have the background of the government and cannot beat Tongda and other companies, then you have to think about it carefully. As for the supply and marketing cooperative, from now on, you will be responsible for your own profits and losses. If you go down to report to Xu Xiang, you will say that this is what I mean, what should I do, and come up with a plan quickly."

Wang Mingyi swallowed, "Yes!"

After taking a sip of tea, Li Ze finally came to his senses and looked at the other party and said, "Where did we just talk about Xiangxi Mining?"

"When it comes to the issue of shareholding proportion," Wang Mingyi said in a low voice.

"Let's continue!" Li Ze waved his hand.

"Yes!" Wang Mingyi said: "This time it was not only the Xiangxi Mining Industry. At the same time, the twenty-five chambers of commerce have also formed several small alliances to develop workshops such as medicinal materials, paint, and wood in Xiangxi. It is expected that the overall investment in Xiangxi can exceed 20 million yuan within three years. The Ministry of Revenue has also promised them that next year, they will provide them with a low-interest loan of at least 5 million yuan."

"Do they have any other requirements?"

"Yes. They hope that the local government will increase its efforts to invest in infrastructure, and the most important thing is the road. Only with convenient transportation conditions can their products be shipped out. Otherwise, the transportation cost alone will be something they cannot afford."

"This requirement is not an exaggeration, and our local governments themselves have marked this type of infrastructure road as the best matter."

"The second requirement is that because of the particularity of the mining industry, they hope to recruit armed guards. First, they are to manage the production order of mines and mine factories at that time, and second, they are to protect safety during transportation." Wang Mingyi said.

Li Ze pondered for a moment and nodded: "The mine does need to have a certain amount of self-protection power. This can be agreed to them, but there are certain restrictions on the recruitment of armed personnel. Aren't we starting to lay off troops? These armed guards can only be recruited from retired soldiers and need to be registered with the local government. At the same time, they must accept unified management and command of the local Jing'an Army. However, they have to bear the salary themselves. As long as they can agree to this, they can agree to their request."

"The equipment of these armed personnel can be equipped with swords and guns, not armor, bows and arrows, and cannot be equipped with crossbows." Li Ze continued.

"Understood!"

"Tell these businessmen that they should look longer and wherever they go, and of course they have to make money. However, supporting local people out of poverty and having enough food is also their obligation to fulfill. Only when the local area is stable can they earn more money. If they help the court do these things, the court will not treat them poorly, and they will inevitably give back."

"Yes, these merchants are not fools, and they can understand this." Wang Mingyi nodded repeatedly, "When they arrive at the local area, the local government will definitely have further communication with them, but Your Majesty, there is one more thing!"

Looking at Wang Mingyi who was hesitant, Li Ze frowned: "Is there anything else that is difficult to say?"

"They hope to allow them to use some of this, this unconventional manpower in the early stages of mining."

Li Ze looked at Wang Mingyi for a while and suddenly understood what Wang Mingyi was saying.

"Are there many of these people in our Tang Dynasty now?"

"Many!" Wang Mingyi said: "These people are basically concentrated in major coastal trading port areas, including both Japanese and overseas barbarians. These people have no identity and cannot speak. After they arrived in our Tang Dynasty through various means, it was really difficult to make a living. This also caused a lot of trouble for the local governments, and the government was also relatively strict in treating these people. Yu Shuxin often traveled to these places and was clearer about this situation. If they were allowed to hire some such people appropriately, it would be helpful to reduce costs."

Li Ze gently knocked on the big case. He had only heard of these things. Even the inner guard did not regard these things as big as a matter. It was amazing that it was just some public security incidents and could not be placed on the emperor's desk at all.

Li Ze issued a decree that the Tang people were not allowed to be slaves, but those who did not have Tang people's households were not listed here. This actually caused another big industry, namely the trafficking of overseas slaves.

For Li Ze, this is also a helpless thing. If the market has this demand, it is impossible for you to cut it clean with one knife.
Chapter completed!