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"Teacher, what are you going to eat today?"

Early in the morning, Cheng Qian asked Li Chao. These days, Cheng Qian's recipes are relatively fixed, anyway, they are all made up by shape, since the leg is broken, then eat all kinds of legs to make up for shape, what pork legs, sheep's feet, chicken feet, duck feet, and even bear feet. Stewed pig's trotters with soybeans today, steamed bear's paws tomorrow.

High protein and high nutrition.

But even if these foods are from the hands of chef Li Chao, you can get tired of eating too much. Other people now eat bran vegetables, want to have some oil and water and want to go crazy, no oil and water can only be constipated every day, squatting in a thatched house for half an hour.

Cheng Qian is good, but he is disgusted when he sees the pig's feet and bear paws.

I always want to eat some light wild vegetables, radishes, etc.

"Eat dumplings."

Li Chao yawned, he was strongly asked by Pingyang last night, and worked hard five times, although he was young, he was also a little tired of driving, and he kept yawning when he got up in the morning.

"Ah, eat dumplings again."

"You can't waste it." On the day of the winter solstice, Cheng Qian made a winter solstice competition, what to make dumplings and wonton competition, eat dumplings full competition, and various martial arts competitions, but the dumpling wontons that day were really not missing, anyway, the emperor gave enough materials, plus there was Li Chao's private subsidy, as a result, everyone let go of the bag, let go of eating, but in the end there was still a lot left.

In these famine years, even the people of the East Palace can't waste food. The rest, of course, had to be eaten, so for a few days, everyone ate dumplings and wontons every day like the New Year.

The soldiers below are happy to eat, the dumplings will not be bad in this weather, they will be frozen when they are put outside, and they will be eaten and taken into the pot. It's just that Cheng Qian's taste is still relatively chewy, and with the teacher of a cooking master, he is used to eating delicious food, and he must not be able to stand the dumplings and wontons every day.

"Why don't you eat some capers and stir-fried meat foam, with some millet porridge?"

"Good!"

As long as you don't have to eat pig's feet and sheep's trotters and dumpling wontons, Chengqian can accept everything else.

Cut the capers into small cubes, then chop the lean meat into minced meat and stir-fry. It's very simple, you don't need any technology, add some dogwood powder, it's sour and spicy, and it goes well with rice.

For Cheng Qian, who has been making up for it every day recently and eating too much greasy, this sour bean meat foam is simply delicious, especially with a bowl of yellow millet porridge, the millet porridge has been boiled for a long time, and a layer of glue-like paste has been boiled out, plus a piece of bean curd soaked in sesame oil, and the appetite is immediately there.

The two of them had a very good breakfast.

After eating, Li Chao took out a few notebooks and handed them to Cheng Qian.

"What is this?"

"If you open it and take a look, you'll know."

Cheng Qian opened it and read it one by one, "Teacher, I can't accept it!" ”

"What's unacceptable."

"Father and mother are a bit of a bully teacher, the sugar industry is the Li family's industry, everyone knows that the sugar industry has the current development, that is because of the secret recipe for refining rock frosting in the teacher's hands, or the teacher and many relatives went to Lingnan to build a sugarcane sheet garden and a sugar mill, and the hard work has the current situation. The queen mother took forty percent as soon as she opened her mouth, which was a robbery. ”

"What nonsense, how could Empress Changsun rob her subordinates of something, you can see clearly, it is investment and shares. This shareholder is you, you are out of a lot of land and slaves in your name to buy shares, after calculation, your investment into forty percent of the shares, my technology and the original industry into sixty percent of the shares, well, by the way, I also from my sixty percent of the shares, transferred one percent of the shares to your aunt, and then transferred one percent to your aunt of the eldest princess of Changguang and your uncle Qin, so that in the future of this sugar industry, we are four joint stock operations, I and you each account for forty percent of the shares, and you Pingyang and Changguang two aunts each account for one of the shares. ”

"Of course, in the future, the industry is getting bigger and bigger, and our key is to grasp the sucrose refining and processing, and we will recruit more partners in terms of sales, and there will be partners for export and domestic sales. Now I have preliminarily selected Zhangjia in Vietnam as our export partner・・・・・・"

Cheng Qian looked at Li Chao carefully, "Master, if you are not satisfied, you can say it directly, and I will personally go and explain it to my mother, queen father." ”

"You are stupid, the queen proposed to buy shares, and she also bought shares for you. For me, this industry may be used as a dowry for summer flowers in the future, so it makes no difference to accept you as a shareholder now, or to give this sugar industry directly to you as a dowry for summer flowers in the future. ”

It's not a bad thing to give Chengqian a stake. own son-in-law, besides, the queen also took out dry goods, land, slaves, this is all real. Moreover, with Cheng Qian's partner, it will be much more convenient to build sugarcane plantations, sugar mills, and even sugar transportation and sales in Lingnan in the future, and there is no need to worry about who dares to reach out and take cards.

For Li Chao, what he invested in was only technology, for his student son-in-law, for his lover, and his father-in-law, they had to share in a partnership, which was originally very good.

"Forming a South China Sea Trading Company?"

"Well, there was originally an ocean-going trade route on the sea, but it has always been just private merchants running. I plan to unite some relatives and relatives to contribute together, everyone has money to contribute power, technology to technology, and people to build a large commercial house together, build a fleet of sea ships, and trade with the South China Sea and the Western Regions. ”

This South China Sea trading firm is actually equivalent to a trading company like the East India Company, with great strength and great overseas trade power, and even the ability to colonize.

In Li Chao's plan, this company should be a joint venture, with the imperial court owning a certain number of shares, and then the lords and relatives owning most of the shares, and then giving some shares to some merchants, three classes.

The imperial court, the magnates, and the private merchants all participated.

In the plan, the imperial court would have two to thirty percent of the shares, while the nobles would own fifty percent of the shares, and the ordinary merchants would have two percent of the shares.

"So who's going to say?"

Cheng Qian is not taboo about business matters, he has been following Li Chao for a long time, and he has a deep feeling for the power of money. If you have money, you can do things, whether it is an individual or the court, you can't do without money.

Cheng Qian is a little strange, if this Nanhai trading house is really making money, then why should it be brought to the imperial court, and many private businessmen must be involved. With so many people, who has the final say in the end?

"We issue shares, own stocks, own equity, and control the firm according to equity. However, we set the stock into two categories, one is the vote with voting rights, that is, the votes with the decision-making power of the company, and the other is the votes without voting rights and not participating in the decision-making vote, which only enjoy dividend income and do not have the right to vote on decision-making. ”

In Li Chao's plan, the stocks of the nobles have the right to vote on business decisions, while the votes in the hands of the imperial court and businessmen have no voting rights.

In the same way, even the stocks in the hands of the nobles are different.

The voting shares owned by the aristocracy are also divided into ordinary voting shares and majority voting shares, such as ordinary voting shares, that is, one share can only enjoy one vote. A majority voting share, on the other hand, is a share with multiple voting rights.

In this way, although there are many shareholders in the company, those who can eventually become decision-makers can be concentrated in the hands of aristocratic shareholders. Among the aristocratic shareholders, the real decision-making power is in the hands of those who hold the majority of voting shares.

Li Chao does not plan to acquire restricted voting rights and preferred voting rights for the time being.

For the time being, there are voting and non-voting shares, and there are single voting shares and majority voting shares.

The South China Sea Trading Company will be a powerful ocean-going trading firm with a large number of investments, and it will have a large number of merchant ships, captains, sailors, and even armed crews, and may also establish colonies, concessions, and other overseas commercial ports and cities in the future.

This requires a great deal of investment, and such a large commercial bank, if it is only controlled by one or several families, is inevitably risky, and it is easy to be attacked by people, so it can attract more people to reduce investment risks, and at the same time, it can also form an alliance of interests with more people and carry more risks.

Through several shareholding structures, it can ensure that although the firm has many shareholders, the person who controls the helm is protected.

"The decision of a commercial bank is based on the stock decision. We establish a general meeting of shareholders with voting shares. At the general meeting of shareholders, the board of directors of the Chamber of Commerce is elected by the number of votes. The chairman of the board of directors and the members of the board of directors are elected, and finally the board of directors selects and appoints the general manager and other management of the firm. The general manager and senior management team of the firm are accountable to the board of directors, the board of directors to the general meeting of shareholders, and the general meeting of shareholders to all shareholders. ”

"Whoever owns shares in a firm is a shareholder of the firm. Shares are transferred, but the nature of the shares remains unchanged, always voting and non-voting shares, single voting shares and majority voting shares. We can agree to pay dividends to the stock every year! ”

"Teacher, it sounds complicated, but it's also amazing."

"Who owns the majority of voting shares and who holds the single voting shares?"

This Li Chao has already calculated, if he can take the majority of the voting shares, he must first be his own people, so as to ensure the stability of the commercial bank, and secondly, he must be a strong person, and he must have strong strength in some aspects. For example, Li Chao has strong financial resources, and at the same time is a big man in tea, wine, sugar and other commodities. For example, the Zhang Zhongjian family in Vietnam, they are big in the maritime trade. Another example is the crown prince, whose official identity is loud, and with him, everything is easy to do. Shareholders with a majority of voting shares do not need too many, this group of families, holding the most important majority of voting shares, is equivalent to actually accounting for the majority of the voting shares, can control the shareholders' meeting and the board of directors, these families, in fact, are Li Chao's scheduled board members.

Under this shareholding structure, the directors do not actually need to invest too much to leverage the entire firm and gain control. Bringing the imperial court and private merchants, as well as a large number of powerful people, can make the trading house stronger and more capitalized.

And Li Chao wants to establish such a trading house, not just for trade and to make money.

In order to lead everyone, he expanded to the sea and added a trace of adventurous and pioneering spirit to the Han culture.

The world is so big, you don't have to keep staring at the land of the Central Plains, and the wider world. Even if it's just sowing a seed, Li Chao feels that it's worth it.

Who knows, after this South China Sea trading house is established in the future, will it one day develop into China's East India Company? (To be continued.) )