Volume 2 Chapter 155 - Magic Array resonance technology (1/2)

Even if the people of Banta City treated Xu Yi as someone who could turn stones into gold, he didn’t make money immediately on every investment.

For example, the most important project for the Frestech Chamber of Commerce right now was beginning to smelt the non-ferrous metal mined on the Black Rice Wasteland.

Up to this point, the Frestech Chamber of Commerce with the Renekton Chamber of Commerce and the Amrit Chamber of Commerce had invested a total of seven hundred thousand gold coins.

This didn’t include what they paid chief Voller, which was five hundred thousand gold coins to use the metal vein.

Among this, because the Frestech Chamber of Commerce was investing in the non-ferrous metal smelting plant alone, so just on this project alone, the Frestech Chamber of Commerce had spent over five hundred thousand gold coins.

This was just the advance investment. To really open up the mine and open the non-ferrous metal smelting plant, it would take another large amount of investments.

So even if the Frestech Chamber of Commerce was becoming bigger with more and more profits, with how much they were investing in this project, the financial manager Sebas couldn’t help knitting his brows each time.

If it was investment in other things, Sebas wouldn’t mind, but because Sebas didn’t understand the prospects of the non-ferrous metals and couldn’t calculate their future profits, he would always tell Xu Yi to invest prudently.

Of course, Sebas was still limited in this reminder and wouldn’t actually object to anything.

Xu Yi had proved his outstanding vision with many decisions, so even Heinz wouldn’t have any objections to Xu Yi’s decisions. Of course the other people of the company had even less qualifications to do so.

Moreover, according to last month’s financial report, although the Frestech Chamber of Commerce didn’t sell more products from releasing new products when it came to household magic machines, so there wasn’t any explosive growth, they still earned an extra three hundred thousand gold coins.

And when it came to the magic machine workshop, because they finished the order of the first batch of ten thousand agricultural magic machines for the Rudson Kingdom, they suddenly earned six hundred and forty thousand gold coins, which gave them a profit of over four hundred thousand gold coins.

Adding in the demand for magic production machines all over the Lampuri Kingdom, the Frestech Chamber of Commerce’s magic machine workshop had a profit of over six hundred thousand last month.

If the profits of the steel mill, the tire factory, the plastic processing factory, and other factories were included, the Frestech Chamber of Commerce earned a shocking one million five hundred and forty thousand gold coins last month!

Although as the scale of the company grew and each month’s fixed expenses increased, with the wages and benefits of workers surpassing a hundred thousand gold coins last month, in the final calculation, the Frestech Chamber of Commerce’s net profit last month was over a million gold coins.

With the support of such powerful profits, although it cost quite a bit to invest in the non-ferrous metal mines, it was still in the acceptable range.

Sebas reminding Xu Yi was hoping that Xu Yi could focus his attention on their existing businesses and consolidate them, further enhancing their profits and not to think about opening new businesses.

“Ha, ha, I understand Sebas’ worries, so I came here this time. I want to see if you developed anything new to let us earn a large amount.” Xu Yi smiled as he greeted Evita who was the chief of the research facility. Then he took the reports from Evita’s hand to read over.

Since he was enlightened by Still, Xu Yi started unintentionally leaving work for the magic research facility, not like before where he participated in every single project and explained all the important steps. Rather he just gave them some ideas and had the magic research facility staff think of the solution themselves.

Although this method seemed counter productive at first, causing the research speed of the magic research facility to drop, after a while, the researchers had learned how to consider their own solutions based on the thoughts that Xu Yi provided them. They even began thinking of methods that Xu Yi had never considered before.

For example, the idea that Xu Yi had of lighting up Banta City with street lights that he had put aside because he couldn’t think of a suitable method.

But when he tossed this idea to the magic research facility, this problem was quickly solved.

According to the research of Akali and the others, the street lamps could be powered with long distance magic transportation technology, guaranteeing that the high up lamps would be brightly lit.

Xu Yi had also thought of using long distance magic transportation to solve this and after Akali’s hard work, she finally came up with the solution of using Magic Array resonance technology.

This technology was actually something that Akali had accidentally discovered.

While experimenting, Akali found that if two similar Magic Arrays were put together, there would be synchronization because of the similarities between the two Magic Arrays.

To put it simply, if there were two Magic Arrays that were the same and in the situation where both Magic Arrays were supplied with magic, if one of the Magic Array was activated, whatever change occurred with this Magic Array would occur with the other Magic Array.