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Chapter 735 Subscription

In order to join the Military Affairs Office, Jiang Jin attached great importance to the Railway Department, and it can even be said that it was the first time he had been so concerned about something in these years.

The Railways Department decided to promote the first railway in the Ming Dynasty from the beginning and received support from Zhu Yicheng. But he did not expect that after the railway matter was disclosed, there would be so many businessmen coming to Nanjing. When his subordinates reported to him, Jiang Jin was extremely happy and had a little more confident in this matter.

On this day, the Railway Department officially started to recruit investment. Jiang Jin arrived at the place early in the morning. The one who arrived earlier was Jiang Daoli, the right assistant minister of the Ministry of Works. After the establishment of the Railway Department, Jiang Jin appointed him as the director of the Railway Department to improve the status of the Railway Department in the Ministry of Works.

First, Jiang Daoli was originally Jiang Jin's confidant, so he was at ease when using it. Second, letting a right assistant minister directly as the chief of the railway department can also reflect his importance to the Railway Department, and his status is promoted by half a square in other departments of the Ministry of Works.

"Today's matters, can we make arrangements?" Jiang Jin asked directly when he saw Jiang Daoli.

"Sir, everything is arranged." Jiang Daoli said confidently, and at the same time reported the arrangements roughly. After hearing this, Jiang Jin nodded slightly, then looked up at the sun. The time was almost time, Jiang Jin signaled that he could start. With the order, the door opened, and then the merchants waiting outside began to pour in.

Fortunately, the Railway Department arranged the space is spacious, even if so many merchants come here, it seems a bit crowded. Fortunately, the Railway Department has made arrangements long ago, introducing each of them according to the list, and then taking seats at designated locations.

More than half an hour later, Jiang Jin looked at the dark crowd in front of him, nodded in his heart, and then signaled that Jiang Daoli could start.

Jiang Daoli immediately stepped forward, cleared his throat first, and then began to speak. These words were nothing more than just a brief introduction to the reasons why the Ministry of Works and the Railway Department invited everyone to come, and at the same time briefly introduced the characteristics and benefits of the emerging thing of railways.

Immediately afterwards, Jiang Daoli talked about what everyone was most concerned about, that was, about railway investment and explained it. Some of the merchants who came to know this in advance, and some were not very clear, but it didn't matter. In addition to the explanation, the Railway Department has issued some brochures, and distributed them one by one while Jiang Daoli explained it to everyone to understand these.

Finally, Jiang Daoli told everyone that the first railway in the Ming Dynasty was officially named "Beijing-Shanghai Railway", and the first section was from Nanjing to Zhenjiang, and it will continue to extend to Shanghai. According to preliminary statistics from the Ministry of Industry, this section of railway was more than 700 miles long and cost a lot. The Railway Department invested publicly based on 70% of its total construction cost, that is, 150 million silver dollars.

This 50 million yuan is one share, and the subscription starts from one hundred shares, which is called Beijing-Shanghai Railway stock. After the formal subscription registration, its equity can be transferred and inherited to a certain extent, and all the holders of the shares are shareholders of Beijing-Shanghai Railway Company.

This Beijing-Shanghai Railway Company will consist of the Railway Department of the Ministry of Industry and some shareholders and form a board of directors and management team based on factors such as the amount of equity and other factors and operate it. The company will have various positions such as prime minister, assistant manager, and division manager. It will have financial disclosure and transparent profits. In the future, dividends and profits will be distributed and profits based on operating conditions...

What Jiang Daoli said, especially the so-called companies, shares, boards of directors, positions, etc., may not be able to understand if ordinary people are, but most of the businessmen present understand.

With the rise of business in the Ming Dynasty, the Ming Dynasty's trade is developing rapidly both internally and externally. More importantly, many merchants have many maritime merchants. Even if they are not maritime merchants, they have many cases of dealing with maritime merchants or foreign merchants in their daily operations.

Therefore, they are quite familiar with what Jiang Daoli said. Although everyone knows in their hearts that the so-called 70% of the investment promotion department of the Ministry of Industry and Railways is very likely to be the full amount, that is, the court will not pay a penny for the remaining 30% of the shares, but will be offset by the shares of various trading banks.

But no one cares about this situation. After all, no business can operate the railway matter independently except the court, so the court directly occupied 30% of the shares and appointed the first company prime minister by the court. This is very natural.

What's more, over the years, the Ming Dynasty's attitude and performance towards business have also made the world's merchants have a strong sense of belonging to the court. Where did the Ming Dynasty deceive everyone? The court would not go back on such a big thing. What's more, some people know that since it is a company, it will ultimately determine the control of the company based on the amount of shares. Although it is impossible at the moment, what about the future?

Thinking of this, some wealthy businessmen couldn't help but feel warm, but on the surface they were like ordinary people. They continued to listen carefully to Jiang Daoli's narration, while thinking secretly.

After a long time, Jiang Daoli, who was dry and speechless, finally finished the long speech. Then he subconsciously looked at Jiang Jin and saw Jiang Jin nodding slightly at him, and he was completely relieved.

Next, there is the procedure for formally subscribing shares. There are arrangements for how to subscribe before. Jiang Daoli also explained it in his words just now, and there were personnel from the Royal Bank present at the scene, so Jiang Jin also thought about these things in advance.

It sounds simple, but it is very cumbersome to do. After the official subscription starts, the originally peaceful occasion suddenly becomes very noisy. Many businessmen have already made up their minds, and some are hesitant. In addition, some people secretly think about the idea of ​​increasing the subscription amount they set before after listening to the story.

There are also some small and medium-sized businessmen who are close to each other and have good relationships. They know that their financial resources are not as good as those rich businessmen. However, in order to have a certain say in this railway company, they immediately discussed and connected them privately, intending to dispel their previous ideas and subscribe to equity in a joint manner to gain a place.

Ye Rongbai and Bao Honghui, as well as famous wealthy merchants in the world, were naturally the first to subscribe. They had already discussed and each invested in subscribing to 10 million shares to set an example.
Chapter completed!
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