On the eighth day of the lunar month, as planned, Xishan Coal Industry will hold its first shareholders' meeting in Diaoyutai, western Beijing.

However, when the famous and wealthy families in Beijing heard the news, they gathered in Diaoyutai. The dignitaries and nobles were extremely agents, and they crowded the Qinglu Hall, making the conference unable to proceed smoothly.

The shareholders of Xishan Coal Industry had to negotiate urgently and finally decided to postpone the shareholders' meeting for one day and change it to the stock sales meeting today.

The excited nobles of the group were relieved a little and listened to Mr. Zhao telling the process today:

In the morning, Zhao Hao personally explained the situation of Xishan coal industry, including resource reserves and business directions, as well as a bright future vision.

Then Xishan Coal Industry will provide a sumptuous lunch for all the guests. In the afternoon, the formal bidding will be held. Whoever wins or fails, the results will be released on the same day.

Because there were too many people listening to the lecture, Zhao Hao simply set the podium on the water in the middle of the lake where the willows drooped in the dike.

In April, the green willows on the Diaoyutai are drooping, the flowers are blooming, and the scenery is extremely beautiful.

But more than 300 guests had no time to look around, and they were all focused on listening to Mr. Zhao's explanation.

"The full name of Xishan Coal Industry is Royal Xishan Coal Industry Co., Ltd. It originated from the kindness of His Majesty Emperor Longqing, who could not bear to sit and see the livelihood of the people in the capital. He endured hunger and froze, and specially ordered His Highness Ning'an Princess to initiate on behalf of His Majesty and opened a charitable coal industry company, which was led by His Majesty Princess."

"The company's capital is 1 million taels of silver, and currently has 22 shareholders. The main business at this stage is three major areas: re-exploitation, transportation and sales of coal mine resources. At present, the company reserves 3,666 re-exploitation coal mines and has the most advanced drainage, ventilation, mining and transportation technology. The annual output will reach about 15 million dan within one year, which is enough to supply the daily needs of the people in the capital."

"The production cost of the company per 100 kilograms of coal is one quarter lower than that of ordinary coal mines, and the transportation cost is only half of that of others. Therefore, while we can quickly seize the market, we can still maintain a profit level far higher than the same industry. After calculation, the company's current total assets are around 22 million silver. It is expected that the first year's revenue will reach between 1.7 million taels and 1.8 million taels of silver, with gross profit of about 600,000 taels, and the profit attributable to shareholders is around 360,000 taels. The dividend per share is three or six cents."

"Wow……"

When the VIPs heard this, they whispered to each other in excitement.

"This is the same as putting money on stamps!"

"How can I compare Yinzi money with this? Half of the money I released cannot be collected, and half of it will be paid with people. After a year, I can earn a single achievement and burn incense."

"Yes, you can get your money back in three years just by paying off your dividends. Isn't that more cost-effective than anything?"

After the VIPs vented their excitement, Zhao Hao said loudly:

"And this is only the first year. We expect the production and sales of Xishan Coal Industry to double in the third fiscal year. At that time, our Xishan Coal will be used wherever the boat goes!"

"Will the dividends double as well?" The VIPs who were in fanaticism believed Zhao Hao's words and began to look forward to the bright prospect of making a fortune with Xishan Coal Industry.

"Young Master Zhao, tell me how we buy it!"

"That's right, we can't wait!"

Amid the urging of the VIPs, Zhao Hao announced the specific prospectus rules:

"The company has no plan to issue shares this time. However, given that everyone is enthusiastic, after negotiations by shareholders, all shareholders will sell 15,000 shares in proportion. Because there are too many people who want to buy it, the shareholders decided to adopt a call bidding model and sell it in the afternoon."

"What is call auction?" The VIPs naturally had never heard of this word.

"I will send you an envelope later, with a specific process written in it. Simply put, you will write the number of shares you are planning to purchase and the quotation for each share in the envelope, and put it into this wooden box before the meeting in the afternoon."

As Zhao Hao spoke, Fatty Tang hugged a wooden box with his head open.

"When everyone bids, they will sing the bids on site and sort them according to their quotes. Those with the highest price will receive the right to purchase until all 15,000 shares are allocated."

After a pause, Zhao Hao opened his pure smile and said, "But the eldest princess is kind and unwilling to take advantage of everyone. He special lives at the lowest transaction price, that is, the transaction price of 15,000 shares, is the price of all transactions. That is to say, even if you pay a sky-high price of 10,000 taels of silver per share, you will be sold at the lowest transaction price, and you don't need to pay an extra penny."

"Wow..." The unknown guests cheered again, all of whom were moved by the generosity of His Highness the Princess.

At this time, Fatty Tang touched his belly and felt that things were not simple.

Based on his understanding of the young master, although Zhao Hao never suffered a loss, he would not have a piece of meat in his bowl.

How could the young master let someone pick up the meat from his bowl?

This is unscientific...

The VIPs couldn't help but hear Zhao Hao say loudly:

"Add to the last sentence, all the shares of our company can flow freely in the future. The buyer and seller only need to go to the Xishan Coal Industry Main Store in Dazhalan to register and change, and then transfer the shares can be completed. Of course, the shares can also be listed and sold by the main store."

~~

After the meeting, the VIPs multiplied several pleasure boats and went to the halls and pavilions scattered all over the Diaoyutai for meals.

Lunch is personally taken by the chefs of Diaoyutai. It has all the colors and fragrances, and its level is no less than that of imperial meals.

But everyone was too busy to eat. They had to spend two meals, and then they found a place where no one was going to discuss it.

In the pavilion by the lake, the left censor Wang Ting, the Minister of Justice Mao Kai, and the Minister of War Huo Ji... the sons of the family came together with their respective managers.

The three young men have a good day to play, so they will make up their bids later.

"Two, how much will we pay later?" Mr. Mao asked the two.

"It's better to be higher," said Mr. Wang, shaking the folding fan: "Anyway, the transaction will be made at the lowest price."

"How tall should it be?" asked Mr. Huo.

"A hundred taels, give him tenfold, there is no problem, right?" said Mr. Mao.

"Well, it's almost the same." Mr. Wang nodded.

"Yes." Mr. Huo nodded and agreed: "It sounds nice. He produced 15 million dan of coal in the first year. But the matter of Dilong's turnaround is still not yet determined. It is still a matter of whether the construction can be started this year."

"That's right, they will lose a certain amount this year, and it's hard to say what will happen next year. Most people only pay for 40 or 50 taels." Mr. Mao slapped his thigh and said, "We'll make it ten times more likely, and there's no problem."

"It's almost the same, and it's a deal of 40 or 50 taels in the end."

"Okay, that's it!" The prince of the king closed the folding fan and stood up and said, "We all offer one hundred taels, no one is allowed to change."

"Whoever becomes whoever puppy!"

The two young men also stood up, and after the three of them slapped their high-highs, they went back to their respective carriages for a morning break.
Chapter completed!