He quickly found a cotton spinning company in the United States.
According to Shen Yutang's request, this time he needed to purchase enough cotton yarn to fill two small cargo ships.
At this time, an ordinary small cargo ship can carry more than 200 tons of cargo, and two ships can carry more than 400 tons!
These more than 400 tons of cotton yarn are equivalent to more than 2,000 pieces. According to the quotation of American cotton yarn companies, the purchase price of one piece of cotton yarn is only 1,800 yen.
Adding the shipping cost from the United States to Shanghai, the price of a piece of cotton yarn will not be higher than 2,500 yen.
In other words, this batch of cotton yarn for Chen Yutang would cost more than 5 million yen, which is about 800,000 US dollars when converted into US dollars.
Currently, the cotton yarn in Shanghai has been speculated by Shen Yutang to a price of 5,800 yen per piece.
As long as this batch of American cotton yarn is shipped to Shanghai, we can immediately make more than double the profit.
Jack Will still had more than 300,000 US dollars, so Shen Yutang transferred another 500,000 US dollars to him at one time.
This amount of money does seem to be a lot, but for such a huge business war, the scale of funds is only one-third of Shen Yutang's wealth.
However, Shen Yutang did not plan to pay for the entire amount herself. Instead, she first transferred the US$500,000 for purchasing cotton yarn to Jack Will.
Turning around, Shen Yutang disguised herself as Fujiwara no Asaaki and ran to Fujiwara no Akimasa to complain.
"Father, my Fujiwara Corporation has recently set its sights on the cotton yarn business in Shanghai, but those merchants who have large quantities of cotton yarn in their hands are targeting me and have even set up a cotton spinning association, making it impossible for me to buy any cotton yarn in the market."
"Not only did they refuse to sell me cotton yarn, they even secretly tried to snatch the yarn from me. I had no choice but to find an American and ask him to buy the yarn for me from the US."
"In order to completely defeat these guys who are hoarding goods in Shanghai, I bought cotton yarn worth one million US dollars in one go. I don't have enough money now. You must help me this time, otherwise my Fujiwara Corporation will be finished!"
Chen Yutang pretended to be Fujiwara Asaaki and acted like a spoiled brat in front of Fujiwara Akimasa, asking him to directly reimburse the US$1 million payment for the goods.
When he first heard the amount of one million US dollars, Fujiwara Akimasa was indeed shocked by it.
However, after listening carefully to his son Fujiwara no Tomoaki's plan and the price of purchasing cotton yarn from the United States, he gradually calmed down.
For example, the price of cotton yarn in Shanghai has been speculated to be 5,800 yen per piece.
The cotton yarn that his son Fujiwara no Asaaki found from the United States was only 2,500 yen per piece.
The purchase price is one million US dollars, and the profit can be more than doubled as long as it is shipped to Shanghai.
This business is huge and the profits are equally lucrative!
Not long after the establishment of the Fujiwara Corporation, his son Fujiwara no Asaaki had the courage to confront all the cotton textile merchants in Shanghai.
For a moment, Fujiwara Akimasa really looked at his son with a new respect.
Without much hesitation, I realized that this business was indeed a good one.
Fujiwara Akimasa agreed and invested another one million US dollars in Fujiwara Corporation.
"Son, I was right about you. You really have the potential to become a big businessman!"
"This is a good deal. Cotton yarn is in short supply. Those merchants who hoard it are really despicable!"
"I will give you one million US dollars. With this money, I believe you can defeat these businessmen who refuse to accept toasts!"
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