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Chapter 847 Mergers and acquisitions of Qian's weaving industry


In Wang Duo's house, many gentry were shocked.After losing a million taels and not getting a single share, everyone was angry.They didn't dare to find the regent's troubles, so they could only vent their grievances on Wang Duo.Although many of the gentry were wealthy gentry with hundreds of thousands, or even nearly a million, they were wealthy houses and fields, shops, and cash.One million cash is not a small amount, and many people borrow it from others, or even pawn it in exchange for cash.At this time, the big farmers couldn't help but cry with sad faces, "One million taels is not a small amount, and they have signed contracts with various workshops, agreeing to supply cotton at a price lower than the market price."

If you mess up this time, it will really be a loss to your wife and a soldier!

”"Yes!

It's a big loss this time!

”"I said before that the regent wouldn't care, but now it seems that the court is on the side of Lao Hui.""

It's over!

Finished!

”Everyone's words make Wang Duo annoyed."

Enough!

The winner is still not divided!

”Wang Duo shouted angrily, "I think this is just a delaying tactic.Now that the imperial treasury has no money, the cotton of Jianghuai Cotton has not been sold, and there is no money in the account, I see what kind of fame he can play. ”Seeing that Wang Duo was angry, everyone lowered their heads, angry, and did not speak.Seeing their expressions, as if he owed them, Wang Duo couldn't help but be annoyed: "Didn't they say it?

Hold a general meeting of shareholders, and after engaging in any mergers and acquisitions, the market will be reopened!

What are you anxious about!

The old Hui have borrowed much more debts than us, and the ancestral industry is all bet, and if the market is not opened, they are more anxious than us!

”After speaking, Wang Duo looked at Zhao Zhilong, who was a little dull-eyed, "Sir!

Shareholders' meeting, when will it be held!

”Zhao Zhilong raised his head, "Just tomorrow!"

”Wang Duo was stunned for a moment, and couldn't help but feel a little bottomless in his heart, it was actually held so soon, it was not a delaying strategy.But he still insisted: "Okay, I'm going to see it myself tomorrow!"

”In the early morning of the next day, JAC Cotton rented a securities trading hall and held its first general meeting of shareholders in Yangzhou.According to the articles of association, except for the major shareholders with more than 1,000 shares, the individual shares can only form a committee and elect members to attend, but because the first general meeting of shareholders was held, the individual shares did not organize a committee, and in order to strengthen the confidence of shareholders, the company authorized all shareholders to participate.In this way, the number of people has increased, more than 1,000 people have come to the yamen of the stock exchange, in addition, there are all kinds of merchants in Yangzhou, as well as the gentry of Jiangnan, who heard the news and almost crowded the yamen.In view of this, the Jianghuai Cotton Company simply transferred the conference to the large school field of the Ming army outside the city.This is also because of the identity of the state-owned enterprise of JAC Cotton, otherwise where can I enter the school for a meeting.At this time, Wang Duo, Zhao Zhilong and others came to the school field, but their stocks were all dumped, and they had no credentials in their hands, so they could only be regarded as watching the excitement and blocked out.This made Zhao Zhilong extremely angry, his mother sold the batch, and spent a million, and even if there was no seat, he couldn't even enter.But there was no choice, there were forbidden soldiers and guards, and they could only stand outside, looking at the school grounds, where Jianghuai Cotton held a shareholders' meeting of thousands of people."

Why is there no movement?"

Zhao Zhilong muttered.A businessman next to him repented: "It should be a re-election of the governor and supervisor."

This time the major shareholders have changed a lot. ”At this time, on the school reading platform, a long table was set up, covered with red cloth, and more than a dozen company executives sat behind it."

This time, the company's stock price fluctuated, and seventy percent of the imperial court's shares remained unchanged, and the remaining thirty percent of the stocks changed greatly.Many original shareholders could not withstand the pressure, sold their shares, removed their names from the sensible, and those who obtained half of the shares were automatically promoted to directors or nominated a director!

”He Bin sat in the center, holding an iron horn, and sat down to report, "Let's conduct the election of the governor and supervisor first!"

”Wang Duo and his gang collected some loose shares at a high price, and then sold them at a low price to short the shares of JAC Cotton.Most of these stocks were taken over by Hui merchants, and Zhao Ming also took over the last 10,000 shares in the name of the emperor.According to the company's regulations, 5% of the shares have one vote and can nominate a director to form the board of directors of JAC Cotton to make decisions on the company's major affairs, or become a supervisor of the board of supervisors, responsible for supervising and questioning the resolutions of the board of directors.This time, the equity of the imperial court has not changed, but the other three percent of the shares have changed a lot, Hui merchants account for three, and Jiang Youshang Gang together account for less than half of the shares, but as long as some loose shares are voted unanimously, they will also occupy a position, and Zhao Ming himself spent money to give Zhu Youlang half of the shares, and the royal family can also nominate a director.The emperors of the Ming Dynasty all had imperial property, Zhu Youlang had almost no industry, and the beauties of the harem needed money to support, and the emperor usually had to pay for his concubines and eunuchs, so he couldn't let the emperor have no money.The money allocated to the emperor by the household department is very limited every year, in order to let the emperor play happily, Zhao Ming took out a private bag and sold some shares to the emperor, which is cheap anyway.At this time, after half an election, several sensible officers were re-elected, as well as supervisors, and the company's management did not change.After the company's board of directors, board of supervisors, and managers decided, the chairman and general manager began to get down to business."

Recently, the company's cotton farms have had a bumper harvest, but the sales of cotton have not been opened, which has brought fluctuations to the company's stock price."

He Bin shouted loudly.The more than 1,000 shareholders in the school immediately pricked up their ears, and even the businessmen who were watching the excitement on the periphery also cheered up to see how Jianghuai Cotton Industry could resolve the crisis."

In light of that!

The company's senior management repeatedly discussed, and decided to buy cotton as a shareholder, acquire Qian's weaving industry, fifty percent of the shares, and control Qian's weaving industry. ”He Bin said loudly.As soon as these words came out, more than 1,000 shareholders were in an instant uproar, and the entire school field was like boiling water."

What's going on?"

Zhao Zhilong couldn't help but shout."

It seems to be Jianghuai Cotton, and it wants to buy Qian's weaving industry!"

Zhao Ming arranged the person in the crowd explained."

Qian's weaving industry, which Qian's weaving industry, is it the textile workshop of Muzhai Gong's family?"

Zhao Zhilong asked and answered by himself."

Oops!"

When a businessman heard this, he couldn't help beating his chest and blunt feet, regretting that he didn't buy a little, "The stock of JAC Cotton Industry must have risen sharply!"

”Wang Duo's head was buzzing, his body shook, and he almost fell."

Major shareholders repurchased, protected stocks, then suspended, and now there is another merger and acquisition!

How can this be played?

”Several Shaanxi businessmen paid attention to this business war throughout the whole process, and they all admired it.Several people exchanged words and quietly left the crowd.There is no need to listen to it later, before Jianghuai Cotton was only involved in cotton planting, sharing a little soup to drink, and now directly intervening in textiles, it is equivalent to grabbing the jobs of Jiangnan gentry and businessmen.Before, Shaanxi businessmen were worried that they would offend the Jiangnan gentry and businessmen, and they would not be able to buy cotton cloth, so they did not dare to intervene, but now they have no worries, knowing that the stocks of Jianghuai Cotton Industry will rise, they must hurry up to get the silver, exchange it for Jiangnan silver dollars, and prepare to rush to buy stocks."

Let me first introduce the situation of Qian's weaving industry."

He Bin continued: "Qian's weaving industry has 150 million looms, with an output of one cotton cloth every six days, and a total annual output of 900,000 horses.The revenue was 1.1 million taels and the profit was 600,000 taels.The company is valued at five million taels. ”As we all know, in the cotton textile industry, providing raw materials, making only a small amount of money, producing cotton cloth, making a big deal.In the past, JAC cotton industry only provided raw materials, and made only hard money, but now once the acquisition of Qian's weaving industry, it is equivalent to meddling in the textile industry, controlling the industrial chain from raw materials to production, and making money for the entire industry.How many businessmen in the world want to meddle in the textile industry, but there is no way.Now JAC Cotton controls the Qian weaving industry, not only one more workshop that can lay golden eggs, but also controls the upstream and downstream of the entire industry, so that there is no need to worry about being choked.Moreover, the company's internal supply of raw materials, which is definitely lower than the market price, will greatly help the development of Qian's weaving industry and increase the competitiveness of Qian's weaving industry in the cotton textile industry in Jiangnan.He Bin continued: "The company will take 3 million catties of cotton into the stock this year, within five years, hold 50% of the shares of Qian's weaving industry, and will help Qian's weaving industry to expand production, increase 10,000 looms every year, set up a division of labor in Jiangbei, and achieve an annual growth of 30%~" He Bin continued to draw a pie, tell stories, and describe a good prospect to shareholders.Outside the court, Zhao Zhilong was already crazy, he turned back to look for Wang Duo, but found that Wang Duo had slipped away.In the crowd, in a carriage, Cheng Bi, president of the Jiangdong Chamber of Commerce, listened to the report of his subordinates, and the muscles on his face couldn't help twitching.Before, the regent only planted cotton, but now he wants their jobs.

(Two or three chapters will be updated every day at 12 noon in the future!)

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