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-”Ying Zheng asked in surprise.
"Your Majesty, this is a business that will definitely earn you money. Why not sell it?”Meng Yu said with a smile.
"What do you mean?" Ying Zheng said.
"That paper mill was sold to the Prime Minister, but we can still build a second, third, and fourth paper mill. As long as we have the technology to make paper, we can build as many paper mills as we want.”Meng Yu said.
"You're right. How much did you sell that paper mill for?”
Ying Zheng nodded and asked.
"Four hundred thousand gold taels. Of the three hundred thousand taels that I brought you today, one hundred thousand taels are the money earned from the paper mill. The other two hundred thousand taels are the money earned from selling the paper mill.”Meng Yu explained.
"Fuma, I didn't expect you to be a genius in invention and creation. You're also a genius in business. Even a shrewd person like the Prime Minister was tricked by you.”Ying Zheng said.
"Your Majesty, I want to open nine more paper factories in Xianyang City. This way, I can make money and speed up the promotion of paper. I wonder if the king is still willing to invest in building a factory with me? It was still the king who paid and I provided the technology. We still split the profits fifty-fifty.”Meng Yu said.
"How much do you want me to invest?”Ying Zheng asked.
"Nine paper factories, each with 30,000 gold taels, a total of 270,000 gold taels.”Meng Yu said.
"Alright, I agree. In a while, I will send someone to deliver 270,000 gold taels to the Fuma's residence.”Ying Zheng said.
"Your Majesty, this subject will take his leave!"
Meng Yu immediately bowed respectfully to Ying Zheng, then turned around and left the hall.
Not long after Meng Yu returned to the Prince Consort's Residence, Ying Zheng ordered his men to send back twenty-seven chests of gold.
Of the thirty chests of gold that he had sent to the palace today, Ying Zheng only kept three chests, and the rest were returned to the Fuma's residence.
In the following period of time, Meng Yu began to busy himself with the construction of the paper mill.
The first step was to choose an address, then recruit craftsmen, and then teach the paper-making technology to these craftsmen.
In short, there was a lot of work involved, and Meng Yu was very busy every day.
After nearly a month of hard work, nine paper making workshops had been established in different Urban area of Xianyang City.
Each of the nine workshops was larger than Lu Buwei's workshop. In order to avoid conflict with Lu Buwei's workshop, the nine workshops avoided the area where Lu Buwei's workshop was located and were distributed in other areas of Xianyang City.
Xianyang City was very big. Nine paper workshops were not considered a lot for the paper market, which was in short supply.
After a month of preparation, these nine paper workshops officially began production.
…
The Prime Minister's Residence.
Lu Buwei was leisurely drinking tea in the hall, and behind him, a few beauties were fanning him.
During this period of time, he had deeply felt the speed at which the paper workshop earned money. In just a short month, he had earned 50,000 taels of gold.
It seemed that he had made the right decision to buy this paper mill. At this rate of earning money, he would be able to earn back the 400,000 gold taels in less than 10 months.
At that moment, Li Si rushed in.
"Prime Minister, Li Si has something to report.”Li Si said.
"What is it?" Lu Buwei asked lightly.
"Recently, nine more paper making workshops have appeared in Xianyang City. Moreover, these nine paper making workshops are all larger than ours.”Li Si said.
"What?"
Hearing this, Lu Buwei was both shocked and angry. As a businessman, he knew that the rarer an item was, the more valuable it was. The reason why the paper mill made money was because it was the only one in Xianyang City.
But now, there were nine of them. In that case, his paper mill was not the only one.
"These nine paper workshops were all built by that kid Meng Yu?”Lu Buwei said angrily.
"That's right. Rumor had it that this time, it was built by him and the king. The king paid for it, and Meng Yu contributed the technology.”Li Si said.
"This shameless kid actually went back on his word. He clearly sold the paper mill to me, but he privately built nine paper workshops.”
Lu Buwei was so angry that his lungs were about to explode as he cursed. He felt that he had been played by Meng Yu.
"Lord Prime Minister, when we bought the paper mill, there was no rule that Meng Yu could not continue to build the paper mill.”Li Si reminded.
"Why didn't you warn me about such a huge risk?”Lu Buwei said coldly.
"It was my fault for not considering everything.”Li Si said.
"How is the market reaction now?”Lu Buwei said.
"As these nine paper workshops continue to produce paper for sale, the price of paper on the market has fallen by 50%. Moreover, as paper continues to be produced, the price of paper will definitely fall.”Li Si said.
"I'm so angry."
Hearing this, Lu Buwei felt extremely angry. With the appearance of the other nine paper workshops, his paper workshop's business would definitely be greatly affected.
Moreover, the price of paper had dropped by 50%. It was impossible for his paper workshop to make a huge profit again.
Of course, the paper workshop was still making money, but it wasn't that much anymore. It would be difficult for him to recoup his costs in a short period of time. Based on the current price, it would take him a year and a half to recoup his costs. If the price of paper continued to fall, it would be difficult for him to recoup his costs in two to three years.
Thinking about how he had spent so much gold to buy the paper mill, he felt extremely angry. He felt that this was the most unsuccessful investment he had ever made.
"Meng Yu, since you don't follow the rules, then don't blame me for not following the rules.”
Lu Buwei said coldly in his heart.
All these years, he had never suffered a loss. Now that he had suffered a loss at the hands of a child, how could he swallow this anger?
PS
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