Number of romantic figures

Chapter 2455 Guizi scroll surges, tide

"Stock split for listing and trading?" Guo Zhengyu couldn't help asking repeatedly.

He can roughly understand the meaning of the stock split. Feng Ziying has done a lot of foreshadowing before.

Wusongkou Shipyard, worth 60 taels of silver, is worth 6 taels per share. Looking at the entire Jiangnan, there are not many people who can get it, and those who can get it may not be interested in this business.

If one share is divided into ten shares, one share is 6000 taels, not to mention Jiangnan, even in Yangzhou, Songjiang, and Suzhou, there are many more people who can get 6000 taels of silver, but it is still not enough. After all, 6000 taels It's not a small amount, it's equivalent to the assets of a middle-class rich family's family.

But if 60% of the shares are divided into [-] shares, or even [-] shares, and one share is [-] taels or [-] taels, then the number of people who can get it out will increase exponentially. As long as they are a little interested, or not interested, People who are gambling or have some spare money may be interested.

Six taels of silver, for ordinary poor people, is half a year's livelihood, but for landlords in Yangzhou, Suzhou, and Songjiang, it may be a month's pocket money, and for some workshop owners and scholars, it is just Two months' expenses can be made up by saving one province.

What does listing and trading mean?
If the shares of Wusongkou Shipyard were divided into [-] shares, one share of ten taels of silver, for the whole of Yangzhou, Suzhou and Songjiang, and even landowners and merchants in Jinling, Changzhou, Ningbo and Hangzhou could come to buy, what would happen? Sample?
Feng Ziying explained the stock split clearly, and gave a concise introduction to the listing and trading.

"If it's a share of six taels of silver, I'm thinking that there are at least tens of thousands of people who can get ten or two hundred taels of silver in the few houses in the south of the Yangtze River. Those who are rich and interested can buy thirty or fifty shares or one One hundred shares, if you are not interested but have a few pennies, you can also buy ten shares of eight shares to try your luck, accumulate a little to make a lot, and accumulate a lot of money. The shares of 200 taels of silver, that is, one hundred thousand shares, can be bought by one person. Thirty to fifty shares are actually easy, especially when the Zhuo family is willing to buy most of the shares and act as a major shareholder."

Feng Ziying's introduction was very detailed, and he also did research and consideration on this issue for quite a long time.

"Let's take Wusongkou Shipyard as an example. We can first analyze and judge its business operations in the past three years. For example, I asked someone to do a special statistics on the entire Beijing operation situation from September 12th of Yonglong to September [-]th of Yonglong. ..."

"In the year from the ninth year of Yonglong to the tenth year of Yonglong, a total of 600 ships were built, the total cost was 800 taels, and the profit was 500 taels. The profit rate was about 11%. During this period, 300 ships were received. The estimated cost is 800 taels. Between the 300th year of Yonglong and the [-]th year of Yonglong, a total of [-] ships were built and delivered. The total cost was [-] taels, and the profit was [-] taels. The reason why the profit dropped sharply It is because of its purchase of land, remodeling of the dock, and remodeling of the wharf, which have further improved the shipbuilding capacity, and the orders received during the period have also increased significantly to eighteen ships, which are estimated to be [-] taels,..."

Feng Ziying tried to simplify the financial data and system as much as possible. Fortunately, Guo Zhengyu is also an expert. Although there are many things he doesn't understand, he is willing to ask his subordinates and he must understand every question, which also makes Feng Ziying very admired.

"So it can be seen that the shipbuilding capacity of Wusongkou Shipyard has steadily increased, and its own assets have gradually expanded from 49 taels in Yonglong Nine Years to 12 taels in Yonglong 60 years. There are also some so-called goodwill appreciation, that is, our popular The so-called credit appreciation means that people trust that the ships manufactured by Wusongkou Shipyard are of good quality and can be delivered on schedule, and the scale is getting bigger and bigger, and the reputation is improving. But it got a total value-added of 5 taels,..."

"Its profit rate has remained at about 600% and has not changed much. However, if one invests 12 taels, which is one-thousandth of the total shares, according to calculations, Wing Lung's profit in 500 is 23." For 54 taels, he should get 60 taels of silver. At the same time, the assets of the shipyard have increased from 6 taels to 60 taels. Theoretically, he can also get 83 taels of value-added income. Obtained a total income of [-] halves,..."

It was a little more complicated, but Guo Zhengyu still understood.

"Is there any bank in this world where you deposit 1000 taels of silver and give you 140 taels of interest every year?" Feng Ziying asked rhetorically.

"Ziying, you have simplified the problem. That's right. According to what you said, the Wusongkou Shipyard is indeed worth investing in. With the increasing prosperity of shipping and sea trade, the shipbuilding industry will indeed have a long period of prosperity. Those who came to buy stocks only bought a few hundred or one thousand shares. How would they know how the shipyard will operate in the future? What if people here colluded with each other to harm the public and private interests? There is also this secret fraud that made a profit of [-] yuan, but said it was a loss What about five thousand? Then what should they do?"

Guo Zhengyu is also an old financial planner, so he quickly found out the problem here and started asking.

"I have also considered these issues, so my suggestion, since it is a pilot project, for example, Wusong Shipyard can invite Zhuo Jia, who has been engaged in this industry, to buy the most shares to be the major shareholder and also be responsible for the operation, so that no one will lead In addition, these small shareholders can unite and hire people who understand financial management to station in the shipyard, and do nothing else, just supervise and audit, and even secretly send people to be hired as workers to supervise. Compared with their investment, it's nothing worth mentioning, it's definitely a bargain,..."

There must be many specific details involved here, and Feng Ziying alone can't think about it.

He is now handing over some of his ideas to Gu Dengfeng, asking him to help him comprehensively consider the trade.

Although Gu Dengfeng is not by his side for a long time like Wang Wenyan and Wu Yaoqing, but he is the most important arm for him to connect with Shanshan merchants and Jiangnan merchants. Basically, if he has any ideas or intentions, he will send messages to the merchants through Gu Dengfeng. Any wishes and considerations of the businessmen will be passed back through Gu Dengfeng.

This time, Feng Ziying had in mind to dispose of these business assets in Jiangnan to see if he could use the modern Dutch East India Company as a joint-stock company and the Amsterdam Stock Exchange as a model, and first try it out in Dazhou. stand up.

Feng Ziying had the impression that, if her previous life memory serves her well, the Dutch East India Company has been established for several years now, which means that the world's first joint-stock company that can trade and transfer shares has already been established.

However, this company has only been established for a few years. The influence and strength of the Dutch East India Company cannot be said for the time being, but with the support of extensive social capital, such a colonial company will definitely develop rapidly. With a global reach, the influence of this Asian-destination company on Southeast and East Asia in the future cannot be underestimated.

Similarly, the establishment of the Amsterdam Stock Exchange should be a matter of one or two years. Although it is still in the exploratory period, the Netherlands is ahead, and Dazhou must not lag behind.

The sweeping era of great navigation is about to enter its heyday, and the Great Zhou must not fall behind in this wave of global colonization.

Now the Wusongkou Shipyard is equivalent to a pilot project similar to the Dutch East India Company, and Feng Ziying also plans to establish such a securities or stock exchange in Yangzhou or Nanjing.

While promoting industrial and commercial enterprises to use this method to absorb the silver hidden in the cellars of the old rich in Jiangnan and Northland, it will not only earn them huge profits, but also allow them to gradually transform into industrial and commercial aristocrats. Absorb more industrial funds for various industries to boost development.

Guo Zhengyu worked hard to digest the fresh things that Feng Ziying poured into his head. Rao, he had some knowledge about these aspects, but he couldn't breathe for a while when he accepted so many things suddenly. Think slowly and digest carefully.

However, Feng Ziying's topic is obviously more than that. He wants to release all the content at once, let Guo Zhengyu get used to it first, even if he can't digest it temporarily, but there is a process and time to buffer it, I believe Guo Zhengyu can gradually accept it.

"Besides these, I'm still thinking about another issue, that is, to allow the company's shares to circulate freely,..."

Guo Zhengyu was about to faint, "It's circulating, what do you mean?"

"That is to say, the shares of Wusongkou Shipyard will be produced in a certain number of shares in a special way that cannot be imitated, similar to bank notes, such as one hundred shares, one ten shares, or even one share. Such bills may be called stocks! . . . "

"Stocks?!" Guo Zhengyu pondered and said, "According to what you mean, these stocks can be used for public trading, which means that they are not signed? What if it is stolen?"

"Although there is no signature, there will be a number. My idea is that the government should set up a special transaction management agency. For example, Wusongkou Shipyard has registered as a joint-stock company and issued stocks. The par value of these stocks needs to be registered with the transaction management agency. , will be recognized and protected by the government, and the same transaction will be carried out in the institution designated by the government, so that the equity transfer registration will be recognized, and the trader must also have certain qualifications, for example, you cannot be unknown surnames, or prisoners, . . . "

Feng Ziying also thought about it while introducing it, and even needed to temporarily add some details. He hadn't considered many things maturely, but the time was too tight for him to procrastinate.

(End of this chapter)