After Zhao Ming inspected Jiangbei, he returned to Nanjing.The success of Jianghuai Cotton Industry made Zhao Ming very happy, and he decided to take advantage of the east wind to launch Lianghuai Salt Industry and Lianghuai Mining.In addition, he will gradually allow the provinces to integrate the assets in the province, and encourage the opening of coal and iron mining companies, as long as the qualifications are OK, after the review of the stock exchange, they will be able to go public to cut leeks ~ not ~ is listed to raise funds, investment and development.After raising funds through listing to realize domestic mineral resources, opening up, and building large-scale smelting and coal mining bases, Zhao Ming changed to allow private companies to go public, using the ability of securities trading to raise funds to help the development of domestic companies.Today, one-third of the world's silver is in China, and with such a huge amount of silver money to support it, as long as these silver money are mobilized and a few East India Companies are born, there is no problem at all.Zhao Ming planned that the company controlled by the imperial court would control the salt, iron, coal, grain, shipbuilding and other resource-based and heavy-duty industries, control the economic lifeline, and the textile, porcelain, tea and other industries would be handed over to the private merchants to develop.Judging from this year's harvest, Jianghuai Cotton can bring at least one million taels of income to the imperial court.If so, the Lianghuai Salt Industry, the Lianghuai Coal Industry, and several companies such as Jiangnan Iron Smelting and Jiangnan Copper will be launched, and it will not take two years for the national treasury to save tens of millions of taels of silver dollars.At that time, the soldiers will be full of food and the treasury will be full, and Zhao Ming will be able to carry out the Northern Expedition and realize the ideal of reunification.Nanjing, the residence of the regent, Zhao Ming is approaching the Huizhou merchant Wu Chongde.During the inspection of Jiangbei, this somewhat fat Hui businessman left a deep impression on him.Jianghuai cotton industry has been on the right track, Zhao Ming will pay attention to the preparation of the two Huai salt industry.Salt and cotton are relatively small inputs and can be seen quickly, while mining and smelting require a lot of investment and take a long time to see the benefits.Today, the securities market in the Ming Dynasty is still immature, and people may not have to wait for the company to make a profit.Therefore, Zhao Ming did not dare to take the liberty of launching the major mining industries that could not make profits in the short term, but first pushed the cotton and salt industries, which could make money quickly and see the profits back then, to the stock exchange, and to increase the income every year, so that the stocks of the two companies continued to rise, giving people the illusion that the stocks only rose but did not fall.In this way, when the major mining industries are launched, many businessmen can be aroused to buy first, and Zhao Ming can raise more funds and cut more leeks.At this time, in Zhao Ming's study, Zhao Ming was sitting behind the table, and Wu Chongde was sitting on the chair with half of his buttocks, looking very restrained.Zhao Ming smiled and said: "Wu Yuanwai, do you think that Lianghuai Salt Industry, how many shares should be issued, and how many original shares should be per share!"
”Since Guan Zhong realized the monopoly of salt and iron, successive dynasties have prohibited private individuals from engaging in the salt industry and implemented government monopoly operations.In the Ming Dynasty, the price of a catty of salt was about two cents of silver, while the cost of Huai salt was very low, which can be described as a monopoly profiteering industry.In the Ming Dynasty, half of the taxes were salt taxes, and the imperial court's finances were extremely dependent on salt taxes, and because of this, the "Great Ming Law" stipulated: "Anyone who commits illegal salt will be punished with one hundred rods and three years in prison." ”If the circumstances are serious, they can be beheaded.Wu Chongde had done his homework before he came, so he said in a deep voice: "Back to the regent, how many shares should be issued by the Lianghuai Salt Industry, and how much is appropriate per share."
The villain thinks there are three things to consider. ”Zhao Ming said: "You say!
”Wu Chongde said: "The villain thinks that the first thing to know is how much salt the Ming Dynasty eats in a year.The second is to look at the share of Huai salt and calculate the annual income.Finally, calculate the investment required to restore the salt industry in Lianghuai.Combining these three points, it is possible to calculate the subscription price that a court and the first batch of merchants can accept. ”Zhao Ming nodded and asked, "Then do you know the valuation of the Lianghuai Salt Industry?"
”Wu Chongde said: "The Ming Dynasty previously implemented, the "Gang Salt System", the merchants who held the salt introduction were divided into ten programs according to the region, each of which was 200,000 yuan of salt, and each of them was 300 catties of salt, and the annual salt output was 600 million catties.For every six taels of silver and four cents of silver, one should receive more than 1,300,000 taels of silver, but in fact, the imperial court only received two and a half million taels of silver at most, and the salt tax was greatly lost. ”Zhao Ming didn't interrupt him, he liked such a businessman who spoke with numbers, and he felt more reliable and cautious.Wu Chongde said: "Now the salt system has collapsed.However, through the population, it is still possible to calculate how much salt is needed each year.With an average of five catties of salt per person a year, Daming now needs 200 million catties of salt.The price of salt in Daming is high, and the people eat more private salt, in addition to the well salt in Sichuan, the Guangdong salt in Liangguang, and the Huai salt provided by the imperial court, which can only occupy forty percent, that is, 80 million catties.At the price of two cents of silver and one pound, it is 1.6 million taels of silver. ”Now that the Ming Dynasty has lost half of the country, coupled with the annual wars, the population has decreased sharply, and the total demand for salt has dropped by more than half.In addition, the two Huai have repeatedly suffered from military disasters, and the salt drying field has been destroyed, which has also limited the scale of Huai salt.Wu Chongde paused and continued, "Considering that as long as the imperial court intensifies its efforts to crack down on illicit salt, as well as with the growth of population and the recovery of the north in the future, the potential of Huaiyan is huge.The villain thought that he could value the two Huai salt industries at 10 million taels.This price is acceptable to Hui merchants!
”"Good!"
Zhao Ming is quite satisfied with this estimate, after all, this time Zhao Ming is also a white wolf with empty gloves, and he doesn't spend a penny.After the Qing army moved south, the salt industry in Lianghuai suffered a heavy blow, and the government-run salt drying and boiling salt factories were almost completely destroyed, and all craftsmen and hired laborers were also lost.The reconstruction of the government-run Lianghuai salt works requires investment, and this money is paid by businessmen with shares.Zhao Ming said happily: "Based on the valuation of 10 million, the imperial court will take out 10% of the shares, 100,000 shares, 100,000 taels per share, that is, 1 million taels of shares, for you to subscribe."
The remaining ninety percent, after the launch, will be gradually released as needed. ”First take out a hundred percent of the shares, from the hands of Hui merchants, to obtain one million taels, to rebuild the Lianghuai salt factory, the establishment of the Lianghuai salt company, and re-establish the sales network.After the two Huai salt industries were listed, the stock rose quickly, and when it rose to a certain extent, the imperial court could gradually sell a certain amount of shares and set them into cash.Of course, if you don't need to ask for money urgently, you can also hold your shares and share profits every year with the ability to make money in the salt industry and the inexhaustible salt resources.If the Ming Dynasty restores the population size of its heyday, then the profit from selling salt will be 13 million taels a year, and Huai salt is the main force, under normal circumstances, it can occupy 60% of the share, that is, the annual net profit is nearly 8 million taels.That is to say, if the two Huai salt industry recovers to its heyday, one percent of the shares, the annual dividend is 800,000 taels.Wu Chongde immediately got up and kowtowed to Zhao Ming, "The villain is for Hui Shang, thank Your Highness for the reward!"
”It is not easy for Hui businessmen to make money in business, they can only pick up the business that other merchants have missed, and it is the first time that it is so easy to make money.Therefore, Wu Chongde is really grateful."
Hahaha~" Zhao Ming couldn't help laughing, secretly saying that the fat man could speak, but Wu Chongde actually miscalculated, because Zhao Ming did not plan to maintain a high salt price.The company controlled by the imperial court is different from the private company, which only pursues the greatest profits, but the company controlled by the imperial court, because the imperial court is the largest shareholder, and the purpose of the imperial court is not only to make money, but also to stabilize the society and benefit the people.Therefore, in the future, the price of salt must be suppressed, and in the case of profit, let the people eat salt, and this is the responsibility of the imperial court to control the Lianghuai salt industry."
Get up!"
Zhao Ming smiled and waved.At this time, outside the study, the guards suddenly reported, "Your Highness, Manager He of Jianghuai Cotton Industry asks to see you." ”"Oh?"
Zhao Ming was puzzled, he didn't understand what He Bin was doing at this time, he should have been very busy."
Let him in!"
Zhao Ming said casually.After a while, He Bin hurriedly walked into the study, and when he saw Zhao Ming, he saluted and said, "Your Highness, the minister has an urgent matter to report!"
”Seeing his expression, Zhao Ming couldn't help frowning, and said in a low voice, "What's the matter?"
”He Bin gasped: "The vast majority of workshops in Jiangnan do not accept cotton from Jianghuai Cotton Industry, and when the news came out, the stock has plummeted by three percent!"
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