Chapter 972

Chapter 972

"Something big happened?" Tang Yu frowned.

Ning Wan'er said hurriedly: "Yes! Something big happened."

"What's the big deal? Don't worry, tell me slowly!" Tang Yu said in a deep voice.

Ning Wan'er looked at Mr. Ning. Mr. Ning took a deep breath and asked solemnly: "Your Highness, have you told others about the manufacturing process of the treadle loom during this time?"

"No! Has the principle of the treadle loom been leaked?" Tang Yu was very shocked.

In his view, the ancients were gifted and possessed extremely high wisdom, but the development and progress of many things required a process.

Although the principle of the treadle loom is not difficult, as long as you don't leak it, it would definitely not be easy for the ancients to study it for a while.

"As we all know, all members of the royal family of the Tang Dynasty are named Tang. Among the many textile factories in the capital, there are only a handful of people who dare to call them Tang's Cloth Factory! After they came out, they used their low prices to compete for the market with our Ning family! I still I thought this was a place supported by His Highness, but I didn’t expect that there was someone else!”

"Tang's Bufang?" Hearing this, Tang Yu was quite surprised.

Because what Mr. Ning said was right, all members of the royal family were named Tang. In the entire capital, there were really only a handful of people who dared to blatantly name them Tang Family Bufang.

Remember URL

"To be honest, our Ning family has never encountered such a situation in the hundreds of years we have been running cloth! At present, the market demand for Tang's Cloth Factory is huge, but their production efficiency is amazingly high. Most people have already started from Tang's Cloth Factory. We have successfully purchased the cloth! If things go on for a long time, our Ning family will definitely be forced to a desperate end!"

"So powerful?" Tang Yu finally understood why the three Ning family members gathered in the East Palace.

Ning Wan'er's pretty face said gloomily: "This Tang's Cloth Factory is not only powerful, but also very generous! Today, many cloth factories in the capital that are on the verge of bankruptcy have been acquired by Tang's Cloth Factory. According to this trend, they will at least be able to Over 30% of the cloth mills on the market have been fully acquired!”

"Hiss!" Hearing this, Tang Yu couldn't help but take a breath of cold air.

He knew that the Ning family was the only one among all the cloth shops in the capital.

Da Chu did not impose economic sanctions on Datang before, and the Ning family occupied 10% of the market share in the capital's textile industry.

After the trade war officially started, the Ning family received support from the royal family, and Mr. Ning decided to lower the price. This increased the Ning family's market share from the original 10% to about 30%.

Although the Ning family is powerful and is the richest man in the capital, there are too many people engaged in cloth production over the years.

In addition, the Ning family has been secretly suppressed by Tang Long and Tang Shuheng in recent years, and their strength has long been reduced to what it used to be.

In such an environment, Tang's Cloth Factory emerged. It not only occupied market share crazily, but also made crazy acquisitions in the textile industry. This was beyond Tang Yu's expectations.

If Tang's Textile Factory could acquire more than 30% of the textile industry on the market today, Tang Yu estimated that the other party would spend at least hundreds of millions of silver.

In the entire Tang Dynasty, except for the royal family, Tang Yu really can't think of anyone else except the Xia family, the first family, who can spend hundreds of millions of silver at a time.

"Your Highness, the person coming here is not kind!" Mr. Ning whispered.