Datang Nongsheng

Chapter 644 The first shot in the eighth year of Zhenguan

Sun Xiangfu's prediction was not wrong at all. On the third day of the Lunar New Year, Changsun Wuji, Wei Shuxie and several other restructured family leaders came to Jiuyuan County. Then he talked side-by-side with Sun Dali, who was also having dinner at Sun Xiangfu's house, about the secondment of manpower. The people of Jiuyuan County made a comparison.

"Brother Dali, tell everyone about the current situation in Jiuyuan County!"

Sun Xiangfu had communicated a lot with Sun Dali earlier on the future of Jiuyuan County, otherwise he would not dare to let the stupid Sun Dali play freely. After he made this proposal, everyone also pricked up their ears and waited for Sun Dali Open your mouth.

"Actually! Everyone's intentions, we have anticipated in the early morning, combined with some of our Jiuyuan County's own problems that need to be solved, we have started to solicit public opinion early in the morning, and there are currently some plans that may be able to help everyone and solve our problems at the same time. own problems.

The first point to explain is that the people in Jiuyuan County are unwilling to move out, so even if they finally agree to help you go to other places to promote new farming or folk customs improvement, their household registration is still in Jiuyuan County. Yuan County, that is to say, they just go out to work.

In this way, we can build some high-rise halls and houses in the county, move their families into the county to live together, and distribute their original homestead houses and cultivated fields to the people with newly independent accounts... ···”

No one is willing to give up this kind of household registration in a place with free medical insurance, free pension, and free education. Therefore, after summing up, Sun Xiangfu and Sun Dali finally adopted this method. However, after these local labors are exported, there is no To create value for Jiuyuan County, but also to continue to consume the output of Jiuyuan County, Sun Dali must negotiate with these family business representatives who want the help of Jiuyuan County's staff. They should pay the money. Have to take it out to make up for it.

To put it bluntly, this matter is to seek common development under the condition that everyone agrees to accept it. As long as you do it with heart and talk carefully, the problem will not be difficult to solve. The problem came up again, that is, after the restructuring, they basically tried their best to expand, just like the Wei family. Originally, each family owed money to the bank because they were competing to develop projects. They can't spend so much cash to do the people's livelihood industry that pays back relatively slowly. Therefore, they want to ask Sun Xiangfu if there is any good way.

After thinking about it for a while, Sun Xiangfu said, "Actually, there are ways, but I don't know if you are willing to use them."

"What method, please tell us." Based on Changsun Wuji's understanding of Sun Xiangfu, as long as it can come from him and can be counted as a "solution", it is absolutely not bad, so he followed his words Just take it.

"Actually, as long as you issue additional shares in each of your companies, you can help you raise enough funds for your development. However, this kind of fundraising in the face of society must be approved and supervised by the imperial court. Moreover, you must also ensure that The interests of these newly joined shareholders are the same as those of your clan members who hold shares, and I call this behavior listing."

"Listed?"

"Yes, once your joint-stock companies are listed, they will be linked to its market value. For example, after the liquidation of the Changsun family, the actual value of the family's property and deposits is 3000 million yuan, and 3000 million shares are distributed to all clan members. , then, its actual value is consistent money per share, but if you want to issue additional shares, you will also sell them to others at consistent money, and let others share the profits of Changsun's various industries for nothing, then it is not worthwhile. Yes, it is your Changsun family who created these industries, and you are credited, so you should enjoy more benefits."

Changsun Wuji knew about the overseas exploration company's fundraising, and he also understood what Sun Xiangfu meant by "issuing additional shares".

Therefore, listening to what Sun Xiangfu said, he nodded repeatedly, and the other people in charge of each family also nodded one after another. Ten thousand of them were unwilling to let others share a lot of money for their own property.

They would have such a mentality, and Sun Xiangfu had expected it, and then said, "So, you should issue additional shares at a premium."

"Premium issuance?" Everyone asked a little puzzled.

"That is, to issue additional shares at a price higher than the net assets. For example, the original stock price of your Changsun's company was always one share. You calculated that the total amount of funds required to invest in your new development project is 6000 million yuan, but only It is necessary to issue 3000 million additional shares to the market at a price of two pennies per share.

Because, you all know that the industries you have now are all profitable, and new industries will also be profitable after they are developed.

And your clansmen only took shares worth 3000 million assets, but shared the same interests as those new shareholders who spent 6000 million yuan to join in. This is equivalent to protecting the interests of your clansmen, and don’t think that You suffered a loss. With the addition of 6000 million yuan of funds, your industry can expand rapidly by one or two times, and the overall profit will naturally increase a lot. Then, the actual income you share will also increase a lot. It is a win-win situation for original shareholders and new shareholders.

And such a large increase in the market, the number of shareholders is very large, and for some reason, the shareholders will definitely enter and leave from time to time, and will not wait until your annual shareholders' meeting to distribute dividends. Therefore, the imperial court, It may be necessary to open a trading market for share certificates, to register changes in each transfer of shares within the specified trading time, and even to collect taxes from those who obtain benefits through the transfer of shares. "

"This method is wonderful, why is Zhengming worried that we don't need it?" Wei Shuxie said with his eyes lit up after Sun Xiangfu finished speaking.

Their Wei family is now the family that is most willing to accept these new things that Sun Xiangfu said. In fact, it is precisely because Wei Shuxie has believed in Sun Xiangfu's evil since he went to Lingnan that the Wei family only spent a short time. In a few years, they have advanced from a second-rate family in Guanzhong to a quasi-first-rate family.

Don't need Sun Xiangfu to say, in this kind of business, the elder Sun Wuji who has a relatively high comprehension ability answered, "It should be the reason why the owner's absolute right to speak will be affected after the additional shares are issued."

"What Manager Changsun said is that once additional shares are issued, the shares held by the original shareholders will be diluted. For example, the owner of your Wei family originally held 1000 million shares, accounting for 2000% of the total share capital. Therefore, he He is the chairman of the Weiss Group and has the absolute right to speak. However, once your Weiss issued 1000 million additional shares, then the [-] million shares held by your Weiss family owner will only account for [-]% of the total share capital. Well, if someone else buys more than [-]% of the shares in the market, his position can be shaken. According to the company law, the largest shareholder has the right to hold a general meeting of shareholders at any time, and can even ask for re-election of the chairman.

If someone buys more than [-]% of Webster's shares in the market, then your Webster will directly change ownership. "

"Change of ownership? That is, I, the Webster Group, let outsiders have the final say?" Wei Shuxie heard this, and just heard the additional issuance, the excitement of his own industry can be doubled, and the income has increased by a large margin. No more, I started to think about this matter in a dilemma.

However, Changsun Wuji came up with a way first and said, "According to what Zhengming said, we also have a way to keep the owner's right to speak, that is, the owner buys a part of the additional shares and keeps it in his own hands. More than [-]% of the shares."

Sun Xiangfu nodded and said, "Yes, but in this case, your Patriarch will have to prepare a lot of money.

In fact, as long as the additional issuance is not large, there will be basically no change of owner or the position of the largest shareholder being shaken, because it is difficult for anyone to have so much cash in our Datang market, and the more one person If there are more shares received, then the price he buys the shares will be raised higher by him. In the future, the difficulty of collecting shares will increase step by step. If someone is willing to pay many times the price to buy the property in your hands , then, wouldn’t it be better for you to sell it to him and then rebuild the property? "

Hearing this, people who were originally afraid of changing ownership of the family business have changed their minds again. Some people directly proposed to Changsun Wuji to ask the court to set up this kind of government office that approves additional issuance, raises funds from the market, and supervises equity transactions. That is, if the imperial court agrees to supervise, they are willing to issue additional shares to the market to raise funds and expand their industries. These families themselves are in the second and third tiers, and they really want to expand and have insufficient funds. Therefore, they are more eager for the imperial court to open up Such additional issuance of shares is a channel for share trading.

"If that's the case, let's all discuss and write a joint report to His Majesty. Anyway, when the imperial court promoted the reform of the aristocratic family and established a joint-stock family business, it had already set up a supervision department in the Ministry of Commerce. A new department of the government can also increase the government's financial and tax revenue, which is beneficial to the court, and His Majesty should not veto it."

"If that's the case, all of you may have to go back and check the scale of the additional issuance. I suggest that you don't collectively issue additional issuances. If the money in the market is too tight, your shares will not be sold at a price. Moreover, before the additional issuance , I suggest that you first disclose the past profit data of your industry in the newspaper, as well as the profit expectations of the industrial projects that will be developed in the future. In addition, enterprises with multiple industries like Changsun Group and Weiss Group can use One of the industries is separated separately, and after liquidation, additional shares are issued, so that even if someone wants to take action on your industry in the market, it will not shake the foundation of your Changsun Group and Weiss Group."

When everyone heard the words, their eyes lit up again. If they did not issue additional shares at the group level, they would have more room to control. Even if the subsidiary company changed hands, it would not affect the overall situation. Now it seems that this additional issue of shares is really interesting Head, not only can solve their problems, maybe it can also help them gather a lot of money.

Just like this, Sun Xiangfu fired the first shot in the eighth year of Zhenguan in the time of a meal at his home in Jiuyuan County. With the promotion of the capital market, the development of various industries in Datang will be even faster. Of course he doesn't know , Li Shimin was so happy when he saw the memorial sent by Changsun Wuji. Who is the one with the most cash in Datang?

Definitely him, Li Shimin.

Because, since Sun Xiangfu's property was handed over to the public, among the most profitable industries in the entire Tang Dynasty, the one who holds the most shares is his royal family, and the one who pays the most dividends is naturally his royal family. He now has thousands of dollars. Don't know where to invest all the funds!It happened to be able to secretly buy the shares of each family, and while making money generate money, maybe it could also influence their right to speak, so that these aristocratic properties could not be separated from their own control.

(End of this chapter)