Volume 5 Chapter 97 - Strongest company (1/2)

Volume 5 Chapter 97 Strongest company

The Frestech Chamber of Commerce’s plan to open the Candra Empire market didn’t progress smoothly because of various reasons.

Even if the Frestech Chamber of Commerce’s magic machines were very popular in Wimbledon City right now, with ambassador Hakanin ordering more and more each time, this was not a normal trade model and it wasn’t what Xu Yi wanted to see because it opened the market a bit too slowly.

But before the Frestech Chamber of Commerce’s production capacity was greatly increased, Xu YI wasn’t that worried about this.

Moreover, although the Frestech Chamber of Commerce was slow in opening the Candra Empire market, the markets of the other companies were being opened quite quickly and smoothly.

Other than selling in the countries around the Stantine Duchy, the Frestech Chamber of Commerce went north, going past the Drake Duchy and entering the Falk Kingdom, becoming all the rage there.

The Falk Kingdom was a country that had more territory and people than the Lampuri Kingdom. If the Lampuri Kingdom wanted to take the capture and digest the market, they would need some time.

Comparing it, if it was just from the angle of the Frestech Chamber of Commerce’s development, they should be focusing on the Falk Kingdom.

Not to mention that the Falk Kingdom was in the center of the continent. To their east was the Candra Empire and to the north was the Marlow Empire, so they were in quite the important position.

If the Frestech Chamber of Commerce could develop in the Falk Kingdom, when it matured, they could even find a chance to enter the Marlow Empire.

If they could open the markets of both the Candra Empire and the Marlow Empire, it could be said that the magic machines had spread all over the continent.

Of course, this reality was still currently very far away for the Frestech Chamber of Commerce.

The Frestech Chamber of Commerce’s production capacity could never be increased, so even if they opened the markets of the continent, they wouldn’t be able to seize them all.

For this situation, Xu Y was gradually changing the development plan of the Frestech Chamber of Commerce.

Before this, the Frestech Chamber of Commerce mainly exported magic machines to sell in other countries and received benefits from that.

The factories that were made in cooperation with those countries were only supplemental, satisfying the demands of those countries to grasp a part of the magic machine technology.

Now that he knew that the Frestech Chamber of Commerce’s production capacity would find it hard to keep up within the development of the market, Xu Yi changed his idea.

The factories in the Stantine Duchy and the Black Rice Wasteland were still working at full power and they were increasing their production capacity, but the Frestech Chamber of Commerce fully focused on opening more factories with other countries.

In these factories, a few of them were controlled by the Frestech Chamber of Commerce and the rest only received technical support from them. As for the location, the workers, and the management, they were all controlled by the various companies of the various countries.

For these countries, of course they liked this kind of cooperation model more because they can learn the magic machine technology from this model. They would be able to make what they learned magic machine technology that belonged to them.

It was different from purchasing technological patents from the Frestech Chamber of Commerce. Because these factories had technical support from the Frestech Chamber of Commerce, they had personnel from the Frestech Chamber of Commerce teaching them, giving them a bit of an advantage when it came to research.

That way, with longer cooperation, these joint investment factories would have performance and quality that came close to the Frestech Brand and would allow them to catch up to the Frestech Chamber of Commerce easier.

So with this partnership model, the Frestech Chamber of Commerce easily entered the Falk Kingdom. They signed several cooperation contracts with several companies in the Falk Kingdom.

At the beginning of next year, the Frestech Chamber of Commerce would be building five household magic machine factories in the Falk Kingdom.

According to this plan, in the next five years, the Frestech Chamber of Commerce would continue working with the Falk Kingdom to build at least ten household magic machine factories. At the same time, they would build one production magic machine factory and three steel mills.

In Xu Yi’s mind, he was prepared to build a complete Frestech Chamber of Commerce production base on the Falk Kingdom. He would let that base break free of the Frestech Chamber of Commerce’s main base, allowing it to produce various household magic machines independently.

This idea was naturally because of the Falk Kingdom’s superior position.

Compared to transporting household magic machines from the Stantine Duchy to other countries to sell, building joint investment factories and producing locally would save quite a bit on transport costs.

At the same time, this cooperation method would only require the Frestech Chamber of Commerce to send technical staff. They didn’t need to invest other foundational workers and build factories, so it saved them quite a bit of manpower and effort.

Although with this cooperation method, the Frestech Chamber of Commerce’s profit would drop, because of their leading position in the magic machine industry, even if they only provided technical staff in the contracts they signed with other countries, the profit they gained wasn’t small.

Take the Frestech Chamber of Commerce’s cooperation deals with the Falk Kingdom. In the five household magic machine companies they would be investing in together, the lowest stock shares they had was 45% and the highest was 60%.

The Falk Kingdom was a bigger country than the Lampuri Kingdom, so their national strength was much greater. The citizens were much richer and their domestic market was much bigger than the Lampuri Kingdom’s.

So even if they shared the profits, once they opened the Falk Kingdom’s market, the Frestech Chamber of Commerce would still be able to earn a large profit.

So when conducting the yearly profit estimates, the Frestech Chamber of Commerce’s financial manager Sebas made a very bold calculation.