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Chapter 1418 Shuffling the cards (additional update for Danis Jinshi Liangyan, leader)

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    At this point in the symposium, the keynote speech can no longer proceed. According to the wishes of the participants, we will immediately enter the group discussion stage.

    The participants were divided into four groups: banks, Jinshen, shops, and Haike. The Jinshen and Haike groups were further divided into three groups: A, B, and C. Because there were too many speakers, the discussion did not end until the evening.  That night, everyone stayed at the Jimingguan Overseas Training Center and continued the meeting and discussion.

    The group discussion ended at noon the next day, and each group spent another half day sorting out their opinions and reporting them to Suchuan Medicine.  Suchuan Medicine was sorted out and handed over to the joint meeting. The joint meeting spent one night and came up with a disposal plan. This plan was called the "Debt-for-equity Swap Implementation Measures for the Jinghai-Pingkoda Bond in the Third Year of Longqing."

    The regulations stipulate that the Jinghai Pingkoda bonds issued in the second year of Longqing are allowed to be converted into shares at the option of the bondholders in February of the third year of Longqing, and they can become shareholders of the Daming Overseas Reclamation Company established on the first day of March.

    The company¡¯s total share capital is one million, with one tael per share, which is the same as the face value of the bonds.  Debtholders who wish to voluntarily transfer shares must apply to the Company Preparatory Office (located at Jimingguan Overseas Monk Training Center) before February 15th.  Among the 400,000 shares held by the Ministry of Household Affairs, 50,000 shares each were transferred free of charge to Jiming Temple, Yuanfu Palace, Chaotian Palace, Lingji Palace, Xianling Palace, Daolu Division, and Lecture Hall.

    All debt holders who choose debt-for-equity swap will become shareholders of Daming Overseas Reclamation Company and will vote according to the shares they hold when the company convenes a general meeting to make decisions on major matters.

    The company has set up a board of directors to handle the company's daily affairs. The board of directors includes the above eight institutions, as well as representatives from four banks (a total of four) including banks, shops, gentry and maritime merchants - the representatives of the four banks are elected by themselves from the shareholders.

    Considering that Longqing Fund plans to convert all the 100,000 taels of bonds held into equity capital, accounting for 10%, it is already the largest single shareholder, and one more seat will be added to the board of directors, occupied by Longqing Fund.

    Therefore, the Board of Directors has a total of thirteen members.

    Zhao Ran was originally going to start the next section of the meeting, but the participating delegates unanimously requested an extension. According to them, the participating delegates had to be reshuffled.

    Zhao Ran had no choice but to announce that the meeting would be postponed for one day

    Two days

    Three days

    The participating representatives did not leave the Overseas Monk Training Center, but more people rushed here. The entire Overseas Monk Training Center became a lively "vegetable market", noisy and lively.

    Some representatives have a sign outside their accommodation room that says "Purchase Bonds at High Prices." Some representatives have a sign outside their rooms that says "Bonds are to be transferred. If interested, hurry up."  Will be back soon"

    Zhao Ran took time out to go to Ajiang's room to visit Li Dayin's unknown "widow". Ajiang's room was very lively and he called his two daughters over to help.  She subscribed for 5,000 taels when the bonds were issued, and she had a relatively large share among the bondholders. This time she even started buying bonds, and she was busy running around.

    Zhao Ran said: "Why bother? As long as I'm here, I can't take care of you?"

    Ajaan shook his head: "It's not about money. I want to join the board of directors, I want to vote, and I want the company to invest in an inspection fleet to fight pirates and avenge Dayin! No matter how much money I spend, I won't feel bad."

    Zhao Ran was silent for a moment and asked: "How much have you collected?"

    Ajiang said: "I'm stupid too. Yesterday I only asked for one tael per tael, and after receiving 100 taels, I couldn't get it. When I inquired about it, there was a man named Wang Chengyu who directly asked for 2 taels. Today I have raised the price to two taels."  I still couldn't get it for five cents. It turned out that Wang Chengyu had directly raised the price to thirty taels. I heard that Four Seasons Bank was also buying. They offered two cents and six cents, which was lower than Wang Chengyu, but their purchase volume was large, so they paid  It¡¯s a lot. I¡¯m going to open it up to five taels of silver and see who can compete with me!¡±

    Just as he was talking, Ajiang's daughter came back. As soon as she entered the door, she said: "Wang Chengyu has carried five taels! Ah the abbot"

    Ajaan gritted his teeth: "It's increased to six taels!"

    When Zhao Ran saw this situation, he decided not to cause trouble for others, so he said goodbye and came out. He couldn't help but feel a little funny when he saw the representatives busy and rushing around. He happened to see Chen Miuzhu wandering around holding a photography box.  Run, call him over and ask: "Didn't you buy some bonds?"

    Chen Miuzhu smiled and said: "Thanks to the abbot, I bought it. I bought one thousand taels the day before yesterday."

    Zhao Ran laughed: "You are quite clever."

    Chen Mianzhu said: "I bought it from Ruo Qi, a special correspondent of "Junshan Notes". When she was interviewing me, she talked about bonds. I said I wanted to buy them. She didn't sell them at first, so I directly quoted her three taels of silver.  , and she sold it.¡±

    Zhao Ran praised: "You have courage."

    Yu Jingzi came from Chen MianzhuxiuClimbing out of the bed, he said, "He just gives money to people on purpose, just to please Ruoqi."

    Chen Miuzhu scratched his head and said sheepishly: "I lost a little bit, but not much actually. Mainly because it was not easy for her, so I treated it as an emergency."

    Zhao Ran understood and shook his head: "Loss? Do you know how much money you have now?"

    Chen Miazhu was stunned for a moment: "I heard that the highest price yesterday was two taels, and I probably lost a thousand taels. Does the abbot mean that it has gone up again?"

    Zhao Ran said: "Go and find out for yourself."

    The price of the bond kept rising, from three taels to five taels, and then from five taels to eighty taels. As of the deadline on February 15th, it finally reached the 12 tael mark, but no one was selling it.  city.

    Chen Miuzhu invested 3,000 taels, and the surplus was 7,000 taels according to the going price, which really surprised him. Even if he wanted to return it to Ruoqi at this moment, he was reluctant to part with it.

    Ruoqi was very open-minded and took a photo of Chen Miuzhu, which made Chen Miuzhu startled. Ruoqi said to him: "It's not malicious, I just wanted to keep it as a souvenir. Fellow Daoist Chen gave me a vivid lesson."  The little girl learned a lesson from the investment class.¡±

    On February 20, the relevant bond certificates were counted. After inputting them into Jimingguan's algorithm locker, the number of shareholders who applied for debt-for-equity swap was obtained. A total of 356 shareholders were left.

    On the first day of March, the "symposium of friendly persons from all parties" was transformed into the "Daming Overseas Reclamation Company Shareholders Preparatory Meeting", at which the board of directors was elected.

    Among the banks, Four Seasons Bank, which has the most influence and holds the largest shareholdings, won a seat; both the shop and Jinshen groups also elected representatives; among the Haike group, one person holding a single shareholding of 35,000 shares  Wang Chengyu was not successfully elected, but Ajiang, who held 20,000 shares, became the representative.

    Wang Chengyu himself admitted to Zhao Ran that if there was competition, he would not be able to choose Ajiang when he first arrived in the Central Plains. Ajiang had too many supporters and had a great halo around his head. In addition, Wang Chengyu himself was not interested in serving as a director.  Big, he prefers to drink tea, taste wine, sit and watch the mountains and rivers, and running his own small villa is his biggest hobby.  Therefore, he took the initiative to step aside and recommended Ajaan.

    At the general meeting of shareholders, Daming Overseas Reclamation Company unanimously approved a resolution initiated by the new director Ajaan: to issue 1.5 million taels of bonds to support the inspection fleet¡¯s continued operations.  This bond was named "The Second Jinghai Pingkou Bond".

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