Magic Industry Empire

Chapter 128 Margin

This time, the Royal Family of Lampari suddenly announced that they had decided to auction the two iron mines located in Bangta City, which attracted the attention of almost all powerful chambers of commerce in the kingdom in a very short time.

After confirming that the news was true, the chambers of commerce that flocked to Bangta City to participate in this auction gathered almost all the top big chambers of commerce in the Lampari Kingdom.

Everyone knows that this is an excellent opportunity.

Because before that, almost all the iron mines in the Lampari Kingdom were controlled by the Joseph family, and no one else could get involved.

But now His Majesty the King has put out two iron mines for public auction, which undoubtedly means that the attitude of the royal family towards the Joseph family has begun to change, and it has begun to acquiesce that other chambers of commerce can join the iron ore mining industry.

Everyone has different guesses as to why the royal family suddenly did this.

Among them, the most speculation is that His Majesty the King finally expressed his dissatisfaction with the Joseph family's single-handed control of the kingdom's iron mining industry. This is a sign of the Joseph family.

The second guess was made by some people who knew more about the kingdom's finances.

Because the kingdom's finances have been at an extremely low level over the years, even if His Majesty wants to make some moves, it is always limited by financial problems and cannot be achieved.

So in desperation, His Majesty the King finally decided to take out all the royal family's mineral resources in exchange for enough financial revenue to support his other plans.

It should be said that this speculation is actually closer to the truth. This time, in general terms, it is indeed because His Majesty the King is limited by the kingdom’s finances, and he has no way to buy tens of thousands of farmland magic powers needed by the kingdom from the Xinfei Chamber of Commerce in one breath. Machinery, this will think of using mines to pay.

But because Xu Yi signed the agreement with His Majesty the King and the Agriculture Department in extremely secret circumstances, very few people knew about it.

The reason why the Joseph family knew about these two mines. It was also inferred from His Majesty's actions on these two mines, and therefore asked His Majesty the King for a fair bid.

Regarding the role played by the New Flying Chamber of Commerce, Sevigny assured Xu Yi that the Joseph family should not know, but Xu Yi was not sure.

And now see the eyes of President Fuller Morgan. Xu Yi was immediately determined. Even if the Joseph family didn't know that clearly, they definitely knew that they and the Xinfei Chamber of Commerce must be involved.

As for how much the Joseph family knew. Xu also couldn't be sure.

After thinking about it, Xu Yi walked straight to President Morgan.

Seeing Xu Yi walking towards him, President Morgan quickly put a smile on his face and raised his glass to Xu Yi: "Hey, dear Xu, it really surprises me that you can appear here today."

"President Cruise said the same just now." Xu Yi shrugged. "It seems that most of the people here have this idea."

President Morgan smiled, but he didn't deny it at all.

Xu Yi also didn't want to entangle him on this issue, and said bluntly: "President Morgan, your Falcao Chamber of Commerce has already controlled almost half of the iron ore in Bangta City. Now that there are two more, you can't let go. Let it out?"

President Morgan touched the half-white hair on his head, and laughed: "President Xu is joking? Since our Falcao Chamber of Commerce has already controlled half of the iron ore, why not take the rest Are you also controlling the iron ore you own? President Xu. Your Xinfei Chamber of Commerce is now doing the exclusive business of magic machinery. If someone else came out and grabbed it from you, would you be willing to give it up?"

"I'm very willing." Xu Yi nodded. "There is competition to develop. In fact, I sincerely hope that in addition to our Xinfei Chamber of Commerce, there will be several or even dozens of chambers of commerce that produce magic machinery. The development of this industry is too slow for us."

President Morgan's face sank slightly, and he frowned: "President Xu, are you not sincere? The reason why your Xinfei Chamber of Commerce is making so much money is not because only one of your chambers of commerce can produce magic machinery. If there are a few more or even dozens of chambers of commerce that can also produce magic machinery, do you think your chamber of commerce can still make so much money?"

"Well, there are a few over there." Xu Yi raised his chin and looked at the group of people at the far end of the banquet hall.

President Morgan followed Xu Yi's gaze and said with disdain, "These guys from Saltan City actually thought of grabbing business from our site in Bangta City. I really don't know what to do next."

The group of people are some representatives of the Chamber of Commerce in Saltan City. Among them, the one surrounded by a group of people who are arguing loudly is President Brno of the Leo Chamber of Commerce, and among the people around him, there are also The president of the Fasak Chamber of Commerce that Xu also knew well.

Perhaps feeling the gazes of Xu Yi and Morgan, President Brno stopped the conversation with the people around him and turned his head to look over.

Meeting Xu Yi's eyes, President Brno's eyes flashed a hint of coldness, but a smile appeared on his face, and he even raised the wine glass in his hand to gesture to Xu Yi from a distance.

The people on the side saw his movements, and they also looked over. President Fasak immediately showed a sincere smile, and also raised his glass to Xu Yi.

The other people were a bit baffled and didn't understand why Presidents Brno and Fasak, who could be called wind and rain in Salta City, would face a young man who didn't look very conspicuous and was too young. People made a special trip to signal.

If it is said that Xu Yi is a descendant of a great noble, then the family power behind him is enough to make the two show courtesy to him, but no matter how Xu Yi looks at it, he does not possess the unique temperament of being born in a great noble family.

However, since President Brno and President Fasak have both expressed, everyone will naturally not be stingy with their smiles, and they also raise their glasses to Xu Yi.

Xu Yi also raised the wine glass in his hand, smiled over there, and said to President Morgan, "This is a public auction held by His Majesty the King and the Mining Federation Tower City, we are nothing in front of the Saltans. A special advantage."

"Us?" President Morgan frowned and couldn't help but say, "President Xu, do you really want to participate in the auction of the New Flying Chamber of Commerce?"

"Of course, otherwise what would I do?" Xu Yi said as a matter of course.

President Morgan was silent for a moment, then snorted softly: "President Xu, as a friend of the Federation. I have to advise you, it is best not to do things that are beyond your ability."

Xu Yi nodded: "Thanks to President Morgan for his advice, I know what to do."

President Morgan snorted coldly, raising his glass and walking away.

Watching the back of his departure. Xu Yi touched his nose. With a wry smile, "Why is no one willing to believe that we have the strength to buy these two iron mines?" After thinking about it, he shrugged. He laughed at himself and said, "Well, actually I don't believe it myself."

The banquet moved forward slowly amid the chatter of the crowd, and when everyone felt that the timing should be about the same, Count Satsuma appeared from the back of the hall just in time. In an instant, everyone's attention was attracted.

After welcoming everyone and saying some polite remarks, Count Satsuma quickly introduced the topic and began to announce the main event of this banquet - the official start of the auction.

"Entrusted by His Majesty the King, this auction will auction two mines located about 50 kilometers west of Bangta City and about 60 kilometers southwest. According to the exploration of the Kingdom's Minerals Agency, these two mines are not only rich in iron ore. In addition, it is also rich in various other metal mines…”

For the case of two iron mines. Most of the people in the audience already had a certain understanding, but after hearing the detailed introduction of Earl Satsuma at this time, it still aroused everyone's amazement.

According to the exploration results of Kingdom Mining, these two iron mines can be regarded as first-class ore veins. If it can be mined normally every year, the minimum income will also exceed 100,000 gold coins.

If you can buy both iron mines, even if you need to invest a lot of money in mining, you can still make a lot of money.

"According to His Majesty's instructions, this time, it is not the auction of the ownership of these two iron mines, but the auction of the mining rights for a period of 50 years. Interested parties can bid." Count Summer said again.

Everyone nodded secretly, not surprised.

This can be considered as it should be. Even the iron mines currently controlled by the Joseph family still belong to the Royal Lampari royal family in name, not the Joseph family, but the mining rights have always been in the hands of the Joseph family. In fact, it is still controlled by the Joseph family.

Fifty years of mining rights is not too long for an iron ore, but it cannot be considered short either.

If you are willing to invest, fifty years is enough time to make money back on iron ore and make a fortune at the same time.

After introducing the basic conditions of the two iron mines, Count Summer handed over the responsibility of hosting to two specially invited hosts and the auctioneer.

The host did not immediately announce the start of the auction, but the first thing was to ask the participants and the chamber of commerce to pay the deposit first.

This is not a particularly exceptional case.

Before a particularly large auction is held, there are usually such rules to ensure that everyone participating in the auction has enough strength to participate, so that no one will deliberately cause trouble.

Most of the people who came to the banquet had already made preparations, so under the supervision of the people sent by the city lord's mansion, everyone handed over the deposits that had been prepared for a long time.

According to the popular rules on the Sainz Continent, the deposit must be at least 40% of the reserve price, and the reserve price of the two mines adds up to 1.2 million gold coins, so the deposit alone is as high as 480,000 gold coins. .

Seeing the businessmen around him file up and hand over the security deposit one by one, Xu Yi couldn't help but wonder.

Judging from the current situation, there are quite a few big businessmen with extremely strong strength in the Lampari Kingdom, and so many chambers of commerce can give out a huge sum of 480,000 gold coins.

However, the financial income of the Lampari Kingdom is only a pitiful amount of less than one million gold coins. This contrast is too great.

Glancing at President Morgan who was walking up the stage, Xu Yi narrowed his eyes thoughtfully.

Soon it was Xu Yi's turn to take the stage. When the host shouted Xu Yi's name, more than half of the people in the audience cast their gazes.

Of course, the businessmen in Bangta City knew Xu Yi, but because of the Xinfei Chamber of Commerce, the businessmen in several cities around Bangta City had heard about Xu Yi for a long time.

And even if they didn't know Xu Yi before today, they heard some rumors about Xu Yi and the Xinfei Chamber of Commerce during the banquet, and were curious about the rapidly developing Xinfei Chamber of Commerce.

But everyone knows that no matter how much this newly emerging chamber of commerce can make money, it is absolutely impossible to make half a million gold coins in less than half a year.

So when Xu Yibu stepped out of the crowd and walked over to the stage, countless curious or suspicious eyes were cast over him.

Can this new flying chamber of commerce really come up with so much money?

With a perfect smile on his face, Xu Yi walked unhurriedly to the host, and smiled back at Earl Satsuma, who was sitting beside him, before taking out a paper bag that didn't look very thick from his arms.

The host took the paper bag and opened it, looked at Xu Yi in amazement, and then loudly announced: "Xinfei Chamber of Commerce, hand over five 100,000 gold coins issued by the Chimera Chamber of Commerce, totaling 500,000 gold coins!"

Chapter 129/1284
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Magic Industry EmpireCh.129/1284 [10.05%]