Chapter 454 - Share Expansion and Dividends

Can an IOU still be spent? Kong Jian'an's brain is a little insufficient, however, Yi Zhi's words are also true, Yuan Qi's generous donations in recent years, not to mention other places, even Guangzhou There are a lot of discussions, if it weren't for Yi Zhi's current status is different from the past, and the ability to make money is indeed good, this big shopkeeper is afraid that he will not be able to do it for a long time. Pen "Fun" Pavilion www.biquge.info

After a little hesitation, he couldn't help but say, "How is this IOU played?" ”

Yi Zhixiang smiled and said, "Expand shares and dividends." ”

Share expansion dividends? Kong Jian'an looked at him puzzled, this is a new Western word? Expanding equity as dividends?

"We don't have cash on hand now, and it is impossible to cash dividends." Yi Zhisuff explained slowly: "For the sake of Yuanqi's reputation, we can't take debt dividends, so we can only adopt the method of expanding shares and dividends, and increase the silver shares and body shares in the hands of shareholders in proportion." For example, I have twenty-five silver shares in my name, and the number of shares has been doubled, and the total number of shares has become seventy-five, and although I did not receive cash, the number of shares has tripled...... This is more affordable than cash dividends. ”

More affordable? Kong Jian'an looked at him suspiciously, and pondered for a moment before saying: "In the next dullness, this share expansion, all the shareholders have three times the amount of silver shares in hand, and this dividend ratio seems to be ..... No change? ”

"You're carving a boat for a sword." Yi Zhifen said with a smile: "Yuanqi is not static, but is constantly expanding and growing, and the share capital will continue to increase, for example, 10,000 shares now, and 100,000 shares in the future." When the share capital increases, so does the profit, and if you think about it, what would that happen? Let's compare it again, is it better to pay dividends in cash? Or is it better to expand shares and dividends? ”

After all, everyone knows that Yuanqi is now expanding rapidly, ten times may not be big, but it should be no problem to expand a few times, nodding slightly, he said: "Expanding share capital doesn't seem to be an IOU, right?" ”

"There is no cash dividend, and the promise of increasing dividends in the future account period is not an IOU?" Yi Zhishu said with a smile: "However, this time the account period dividends are more than that, I plan to push the Yuanqi silver shares to the stock exchange for public trading, and if you have no confidence in Yuanqi, you can sell the silver shares on the exchange to cash." ”

Publicly traded? Kong Jian'an's face became serious, and he spoke half silently: "The public trading of silver stocks has little impact, but the top stock is the cohesion of Yuanqi, and the goal of all the employees of Yuanqi is to obtain the top body stock of Yuanqi, if it can be traded, it will inevitably affect or even seriously hit the enthusiasm of the staff, and there is no top stock shopkeeper, it seems that there is something inappropriate ......." ”

Yi Zhizhi said: "It makes sense, let's discuss the top stock transaction again." ”

Seeing that Yi Zhizhi was content to admit, Kong Jian'an secretly breathed a sigh of relief, and continued: "The number of top shares that Yuan Qi has now is not small, if the shares are expanded...., will it affect the ratio of silver shares to body shares in the future...... Can the stock be paid in cash? ”

"No." Yi Zhicontent said without thinking: "The charm of top stocks is that they enjoy the same rights as silver stocks and cannot be treated differently, and besides, this share expansion has also virtually reduced the proportion of body shares in the total share capital, so there is no need to worry." ”

Listening to this, Kong Jian'an faintly found that this share expansion and public trading of equity is not simple, but he clearly remembers that Yi Zhixiang had clearly pointed out the three major drawbacks of top stocks back then - body stocks only participate in dividends and do not bear losses, which is easy to cause an imbalance of power and responsibility; The number of silver shares remains unchanged and the number of shares is increasing day by day, which leads to the contradiction between ownership and management rights, and weakens the advantage of separation of ownership and management rights; A large proportion of unreserved dividends restricts the accumulation of capital and the development of Yuanqi.

It seems that the big shopkeeper is using the dividends of the account period this time to weaken the drawbacks of the top stock system! Improve Yuanqi's equity system, thinking of this, he secretly admired it in his heart.

Two days later, Xiguan, the merchant office.

Since the signing of the "Jiangning Treaty", Xiamen, Ningbo, and Shanghai have been opened up as foreign trade ports of the Qing Dynasty, and Guangzhou's trade has become history, and the thirteen lines that monopolized the foreign trade of the Qing Dynasty have also become history.

And Yuanqi Bank, which was established in the name of the junior of the Thirteen Banks, is now in full swing, but I am afraid that no one expected this day at the beginning, nor would they have thought that this day would come so quickly.

However, although they have lost their monopoly status and status in foreign trade and have been reduced to the world of free competition with a large number of foreign businessmen, the merchants are not having a hard time by virtue of the contacts they have accumulated over the years and the experience and reputation they have accumulated in dealing with foreign businessmen.

In the council hall of Nuoda, a group of shopkeepers who rarely gathered together reminisced about the past, were full of emotion, exchanged information, inquired about the market, guessed the dividends of Yuanqi, and when the conversation was strong, Wu Yundong, the second eldest of the Wu family, walked in quickly and said: "The big shopkeeper is here." ”

Wu Yundong has been practicing in the Yuanqi Group for the past few years, and it is obviously darker, but it is also a lot stronger, the whole person's temperament has changed a lot, his demeanor is calm, his eyes are sharp, and his voice is loud, and he overshadowed everyone's voices in one sentence.

As soon as the council hall was quiet, Wu Shaorong took the lead in standing up, and all the shopkeepers got up and looked at the door, although Yi Zhizhi was a junior, but now he was a first-class viscount, a Nanyang admiral, and a big shopkeeper of Yuanqi, where did they dare to slack off.

Yi Zhizu was dressed in a gray robe, walked slowly to the door, and smiled at everyone: "You have been waiting for your uncles and brothers for a long time. ”

Ma Zuoliang, who was in Taixing, hurriedly returned the salute and said with a hearty smile: "We are also just here, and it is rare to get together on weekdays, and I thank the big shopkeeper for giving us the opportunity to catch up." ”

All the shopkeepers were familiar with his temperament, and they didn't say much politeness, so they returned the salute one after another, and echoed it.

Yi Zhizu stretched out his hand with a smile on his face and said, "There are no outsiders today, you don't have to stick to those false courtesies, please take a seat." ”

Everyone is half-official and half-businessman, and they all know the rules, so they hurriedly said in unison: "Big shopkeeper, please." ”

Yi Zhizhi is not pretentious, went straight to the main seat and sat down, and when everyone sat down, he went straight to the point: "This time I convened you to get together, mainly to say one thing, this time Yuanqi dividends, not cash silver, but to expand shares, all shareholders in the hands of silver shares, are one to two, that is, three times, and silver shares are allowed to be publicly traded on the Guangzhou Stock Exchange, pricing, one or two shares." ”

"One, two, one?" Lu Jiguang lost his voice.

"The silver shares in our hands are two thousand taels of silver per share, and one silver share is converted into two thousand shares according to the proportion, and the body shares are one tame, which is so much." Yi Zhicontent said with a smile: "Breaking it down into small shares is to facilitate trading on the exchange. ”

Hearing this, everyone secretly breathed a sigh of relief, but one by one they immediately reacted, this dividend, although it is a dividend of expanding shares, but according to this price, it is equivalent to a share of silver shares dividends of 4,000 taels of silver, is this too big? Also, can one or two shares be sold on the exchange? It can't be sold, and it can't be turned into cash.

Glancing at everyone, Yi Zhizhi smiled and said: "Silver stocks are publicly traded on the exchange, this is an extremely rare opportunity, I advise you, not only do not sell the silver stocks in your hands, if you have spare money in hand, you can buy as much as you can!" ”

What does that mean? It's hard to say whether one or two shares can be sold, but let them buy them in large quantities? A group of shopkeepers couldn't help but look at each other, one after another, whispering, for a while, Rong Kun Yicai of An Changxing said loudly: "Big shopkeeper, now that the thirteen lines have disappeared, our firm's cash turnover is still insufficient, how can we have spare money to buy silver shares." ”

Yi Zhixiang smiled and said, "I'm just kindly reminding you that since Yuanqi silver shares are publicly traded on the exchange, you can buy and sell the silver shares freely as you like." ”

When he said this, everyone was a little uncertain, not knowing whether it was better to buy or sell, if they could sell one or two shares, the value of the silver shares in everyone's hands would be 150,000 taels of silver, which was not a small amount.

Yi Zhifen convened a group of businessmen today, in order to stabilize the stock price of Yuanqi, this high-profile share expansion and dividends, in order to stabilize the hearts of Yuanqi's people, in order to make people's eyes hot, in order to attract more people to invest in Yuanqi, so as to facilitate Yuanqi's expansion in Liangjiang, if the stock price falls all the way, miserable, it will lose its meaning, but it is self-defeating.

After a little hesitation, Lu Jiguang opened his mouth and asked: "Big shopkeeper, can you ask, how much profit is Yuanqi in these two account periods?" ”

Hearing this, the council hall ordered quietly, and everyone brushed up to be content, Yuan Qi has donated a lot of money over the years, and the additional expenses are also not small, and this time he has expanded his shares and dividends in a big way, and everyone is wondering, how much money did Yuan Qi earn?

Slowly glanced at everyone, Yi Zhizhi said: "You should all know that I am a hands-off shopkeeper, I really don't know how much Yuan Qi makes a profit, but there should be no cash, this point, you should know it in your hearts."

Although Yuan Qi did not accumulate much cash in these two account periods, Yuan Qi's profit was definitely not low, where did the silver go? For reinvestment! It was used to invest in a series of factories for expansion in Liangjiang, and in addition, there was Yuanqi Tuanlian.

The next account period will be the harvest season of Yuanqi, Donghuang Silk Industry, sugar mill, shipyard, ammunition bureau, iron and steel plant, Foguang Railway, Changhua iron ore, Yuanqi group training, will gradually return to the cost, and create huge profits for Yuanqi. ”

Wu Tianyuan raised his head and said in surprise: "Yuanqi group training can also bring profits?" ”

Yi Zhishu glanced at him and laughed, "Don't you all think that Yuanqi Group Training is a money-losing product, right?" After a pause, he said in a deep voice: "I can tell you very responsibly that Yuanqi's group training is not only the foundation of Yuanqi, but also a real profitable investment, which will bring you unexpected wealth to Yuanqi!"

You should all know that Yuan Qi Tuanlian sent troops to Annam without authorization in order to forcibly occupy the Hongji Coal Mine, but who of you knows how valuable the Hongji Coal Mine is? As he spoke, he slowly stretched out two fingers, "It's not 20 million, it's not 200 million, it's 2 billion taels of silver!" ”

The quiet pin drop in the council hall could be heard, and everyone could even clearly hear the sound of their own pounding heartbeat, two billion taels of silver! It was an astronomical amount they couldn't imagine and suffocated.

"There is no need to doubt this number, it is still a conservative estimate." Yi Zhizu said slowly: "In the past two years, Yuanqi has found out that around the Hongji Coal Mine, there is a coal seam that is 300 miles long and 30 meters thick, covering an area of 200 square kilometers. One square kilometer is equal to 667 acres of land. Think about the size of the coal mine on 130,000 acres? ”

The people who were waiting came back to their senses, and Yi Zhishu had already left the council hall, "Old Ma, two billion taels of silver, this is ....... It can't be true, right? ”

"It's hard to say, but the Hongji Coal Mine will not be small anyway, otherwise the big shopkeeper will not let Yuan Qi Tuanlian forcibly occupy Hongji without authorization, which is not a small risk."

"No matter how big Hongji Coal Mine is, how much can it be mined in a year? Breaking through the sky, it is only two or three hundred thousand tons a year, how much silver can it be worth? ”

"You're confused, railroad! Changhua Iron Mine has built a railway, Hongji Coal Mine is so valuable, can it not build a railway? ”

"This coal can't be eaten as food, and if you have too much, it's worthless."

"It's hard to say, there are more and more people burning coal inside and outside the city of Guangzhou, and the surrounding prefectures and counties have heard that they are also starting to burn coal now, and I heard that the honeycomb coal and lotus root coal stove are made by the big shopkeeper."

"Everyone, don't just see a Hongji coal mine, haven't you heard the meaning of the big shopkeeper, this Yuanqi group is ready to plunder the surrounding vassal states after training!"

"Will the imperial court allow Yuan Qi to practice so unscrupulously?"

"It's been a few months since the Yuanqi regiment trained Annan, can you see the voice of the imperial court?"

"Don't sell this silver stock!"

"Don't tell the news out there!"

"That's right!"

Wu Shaorong didn't say a word, quietly listening to everyone's discussions, he didn't know how big the Hongji Coal Mine was, but he believed that it would definitely not be small, which could be seen from the fact that Yuan Qi Tuanlian forcibly occupied the Hongji Imperial Court but there was no movement at all, and he also knew that Yi Zhifen would reveal such important news at this time, just to prevent Yuanqi's stock price from plummeting as soon as it was listed on the exchange.

Don't disclose this news to the public? It's a joke, so many people, can the news be hidden? It will spread in a few days, and this is estimated to be what Yi Zhishu is happy to see, I have to say that this kid is really a good means, not only selling favors, but also achieving the goal.

Lu Jiguang paced over slowly, and said softly, "What does Brother Wu think about this?" ”

"Let's see." Wu Shaorong turned around and walked out of the council hall as he spoke, and Lu Jiguang came out after him, saying, "What are you looking at?" ”

"Look at the imperial court's reaction to Annan." Wu Shaorong said: "After all, Annan is a vassal state, and it is impossible for the imperial court to pretend to be deaf and dumb. (To be continued.) )