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Chapter 1047 Royal Shipping

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    The next day, the Director of Ceremonies sent the memorial of approval to the Liuke Gallery.

    Including the decision to transport grain and sea transportation, all six subjects were allowed to pass.

    Because Han Ji has already said hello in advance, if anyone dares to refute the decree proposed by the senior officials, then I'm sorry, let's settle the old and new accounts together!

    When they met Mr. Gao Ge, a ferocious Tibetan mastiff, the upright Paw Team members suddenly became cute and cute, and they didn't dare to fart.

    When he learned about this, Mr. Zhao was at his house, teaching his disciples the "Zheng Xuan-Hooke law" of mechanical knowledge, which is the so-called spring deformation, the elastic force of the spring is proportional to the elongation.

    In the West, this was discovered in 1678 by Leeuwenhoek, who had already been deprived of an invention by Mr. Zhao.  But in fact, 1,500 years before him, Zheng Xuan, a Confucian scholar and educator in the Eastern Han Dynasty, made it clear when he annotated the sentence "Measure one's own strength, there are three jun" in the article "Zhou Li¡¤Dong Guan Kao Gong Ji¡¤Gong Ren"  He wrote: "If the bow is more powerful than three stones, draw it three feet into the middle, stretch the string, and slowly stretch it with a rope. Each time a stone is added, it will open up one foot."  ¡¯ correctly pointed out the direct proportional relationship between force and deformation, so it was unceremoniously named ¡®Zheng Xuan¡¯s Law¡¯ by Mr. Zhao.

    He was about to explain the importance of Zheng Xuan's law in basic science when Fatty Tang ran in like a joy and shouted excitedly: "Young Master is here, Young Master is finally here!"

    ¡°I am not a hen and cannot lay eggs.¡± Zhao Hao rolled his eyes and pretended to flick the spiral spring he invented onto Fatty Tang¡¯s forehead.

    "It's the decree that allows grain transportation by sea, Young Master!" Fatty Tang quickly cooperated and covered his head, saying with a careless expression: "The decree has been sent to the Ministry of Household Affairs, and Ma Bu Tang has asked the Young Master to come over."

    "Really?" Zhao Hao was overjoyed when he heard this. Of course he was sure that this day would come, but he didn't expect that it would come so soon.

    He meowed that he hadn't done anything for more than half a year, and the high beard was done for half a day.  I have to admit that the gap between people is really huge!

    When he was happy, the spring accidentally came out and hit Tang Youde in the face.

    Fatty Tang made a sound of ¡®ouch¡¯, and a red circle appeared around his nose.

    Seeing this, the disciples nodded in surprise. Now they intuitively understood what elasticity and elongation are directly proportional to each other.

    It is indeed ¡®strength is like stretching¡¯!

    Zhao Hao ignored the explanation and quickly asked Gao Wu to prepare a car and went straight to the Hubu Yamen to pay a visit to Mabu Tang.

    In fact, once the high-arching situation is resolved, everyone will know that the grain and sea transportation is finalized.  For more than half a month in the past, the two parties had repeatedly deliberated on the terms of the document, and they had already finalized it word for word. They were just waiting for the imperial court to issue an order.

    So when Zhao Hao arrived, Ma Sen had already prepared the documents in triplicate and the seal of the Minister of Household Affairs, just waiting for him to sign the contract.

    Zhao Hao read the contract carefully again, and after confirming that there were no modifications, he happily signed his name.

    This contract of great significance to Jiangnan Group stipulates:

    1. The future shipping company will be run by government officials and merchants.  It is supervised and guided by commissioners assigned by the Ministry of Household Affairs and established by Jiangnan Group with funds raised. It is specifically responsible for grain and sea transportation matters and is responsible for its profits and losses.

    2. From now on, Jiangnan Caoliang will be shipped from Liujiagang, Taicang, and transported by the shipping company to Dagukou, Tianjin for delivery.  Its sea-going ships are not allowed to enter the Dagu River.

    3. In addition to the regular grain when shipping, the Jiangnan government must pay 40% of the total amount of grain as freight and consumption.  Half of it is used as a fee paid to the shipping company; half is used as the water transportation freight from Tianjin to Beijing and other places, which is collected by the shipping company.

    4. Any loss caused by drifting will be borne by the shipping company and has nothing to do with the imperial court.  To this end, the shipping company should prepay one million taels of silver to the Account Department as a deposit before the first shipment.  If the shipping company cannot deliver the grain in full and on time, the Account Department can directly deduct it from the deposit.  Before the shipping company fails to make up the deposit, the Ministry of Accounts has the right to stop the shipping of grain.

    5. Grant shipping companies the right to trade by sea and allow them to traffic goods from the north to the south to make up for possible losses in shipping.

    6. During the period when water transportation is blocked, shipping companies must undertake the task of transporting grain by sea with a cost of no less than two million dan per year.  When water transportation resumes, the transportation volume can be gradually reduced according to the requirements of the court, but it cannot be less than 100,000 shi a year.

    Despite all this effort, what Zhao Hao actually wants is the fifth one.

    He dug out the details of this article word by word.  After all the hard work and tactics, Ma Sen was called daddy to get him to agree. The detailed rules stipulated that in addition to selling goods to the coastal provinces, Jiangnan Shipping also had the right to trade with the vassal states of the Ming Dynasty.

    Although there is no explicit clause prohibiting trade with Japan, the imperial ban still has a binding effect on this treaty.

    &nb??, almost happy.

    Unexpectedly, not only the rumors were confirmed, but also the unexpected surprise of cement production.  With double happiness coming, I really don¡¯t know how many times the stock price will double!

    "Get rich, get rich!" The small shareholders left happily singing and dancing.

    Those people who were waiting to buy stocks became more and more anxious now. They were banging on the door and shouting to buy stocks!  Buy stocks!  Buy stocks!

    When Sun Dawu was upstairs, he could feel the ground shaking downstairs.  I had no choice but to issue a third announcement.

    ¡®Tomorrow¡¯s shareholders¡¯ meeting will vote to discuss the ¡®one-for-ten¡¯ stock split plan and the issuance of convertible bonds, so stay tuned.  ¡¯

    Xishan Company has already implemented the previous plan once, so the public is naturally familiar with it.

    The latter one is one that many people have never heard of.  Some businessmen from Suzhou explained that the company borrowed from you, and in addition to the corresponding interest, it also promised that if the debt cannot be repaid on time, the creditor has the right to convert the debt into the company's stock at the agreed price.

    For those who cannot buy Xishan Company shares, this is also a good choice.

    "Alas, it's a pity that Jiangnan Group doesn't issue stocks, otherwise it would definitely be more valuable." The businessman sighed with infinite regret.

    ¡°As everyone knows, Jiangnan Group does not dare to issue shares publicly, as it would have to disclose all the company¡¯s information.  Unless Mr. Zhao is ready to rebel, he doesn't have the guts at all

    ??~~

    On the 18th, the extraordinary general meeting of shareholders of Xishan Company was held as scheduled.

    The meeting voted and passed several resolutions:

    1. ¡®Royal Xishan Coal Company¡¯ was renamed ¡®Royal Xishan Industrial Group¡¯.

    2. ¡®Xishan Group¡¯ jointly established ¡®Daming Royal Shipping Corporation¡¯ with ¡®Jiangnan Group¡¯, ¡®Jiangnan Shipping¡¯ and internal shipping warehouse.

    Among them, the ¡®Da Ming Royal Shipping Corporation¡¯ was invested by Jiangnan Group with two million taels, accounting for 50% of the shares.  Xishan Group invested 1.5 million taels, accounting for 30% of the shares.  The entire Jiangnan Shipping Company was injected into the head office, accounting for 10% of the shares; the internal shipping warehouse representative, the emperor, accounted for 10% of the shares, and allowed the Jiangnan Group to fly the blue dragon flag with a red background and the sun and moon flag with a yellow background, and be crowned with the word "royal".

    In addition, all senior executives of the Shipping Corporation were given Feiyufu and Jinyiwei Baihu titles to facilitate their actions - this did not fall from the sky, Mr. Zhao bought it with 300,000 taels of royalties!

    Finally, the stock split and convertible bond plans were successfully passedof course they will be passed. The stock split is of great benefit to shareholders, and convertible bonds can protect the interests of existing shareholders better than additional issuance.  Of course it will pass unanimously.

    On the 19th, the group's name change and stock split process were completed. The number of shares held by all shareholders increased tenfold, the stock price dropped to one-tenth, and the total share capital remained unchanged.

    Before the trading suspension, the share price of Xishan Company was 55 taels. After the stock split, it reached 52 taels per share.

    At the same time, the Marco Polo Bridge Group also split its shares, and the stock price per share fell below 50 taels.

    On the 20th, Xishan Group¡¯s stock resumed trading. Stimulated by the double positive news, the stock price instantly rose from 5 taels to 15 taels, but no one was still willing to sell.

    It wasn¡¯t until the stock price approached 21 or 2 that selling orders began to appear, and gradually increased at 21 or 2.

    After all, after two stock splits, the total number of shares of Xishan Group has reached 10 million, and the number of circulating shares is at least hundreds of thousands, so transactions have naturally become active.

    Zhao Hao also took the opportunity to sell 100,000 shares and cashed out more than two million taels of silver.  There is no way, the research center on Xishan Island is too expensive, it has to find some income It is not about cashing out at a high position for the major shareholders.

    Fortunately, one hundred thousand shares sounds like a lot, but in fact it is the first one thousand shares, which only accounts for 1% of the total share capital.

    In addition, the two million taels of convertible bonds issued by Xishan Group were also sold out in an instant.  In fact, there are countless wealthy people in the capital, and they can sell them even if they issue double the amount of debt.  But firstly, Xishan Group is too rich, and secondly, shareholders in the North are still a bit conservative.  I don't want to be like those guys in Jiangnan, who use borrowing money as their skill.

    It was Mr. Zhao who personally persuaded them, and they reluctantly agreed to issue a bond of two million taels, which was earmarked for the expenses of establishing the Ming Dynasty Royal Shipping Corporation.

    On the eighth day of August in the third year of Longqing, the Daming Royal Shipping Corporation was officially established at Dagukou Wharf. The company's headquarters was established in Pudong, Shanghai County.

    ¡¾End of this volume¡¿

    ps. No more tonight, I will open a new volume tomorrow.  (Remember the website address: www.hlnovel.com
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