Many gentry in Wang Duo's house were shocked.

I lost one million taels, but I didn't get a single share, and everyone was angry.

They didn't dare to ask for trouble for the Regent, so they could only spread their resentment on Wang Duo.

Although many gentry were wealthy people with a family capital of hundreds of thousands or even nearly one million, it was wealth composed of houses, fields, shops, and cash.

One million yuan in cash is not a small amount. Many people borrow cash from others or even pawn it.

At this time, the bigwigs couldn't help but cry, "One million taels is not a small amount. They also signed contracts with the workshops, agreeing to supply cotton at a price lower than the market price. If they are messed up this time, they will really lose their wife and their troops!"

"Yes! This time I lost a lot!"

"I said before that the Regent would not care, but now it seems that the court is on the side of Lao Hui."

"It's over! It's over!"

Everyone's words make Wang Duo very upset.

"Enough! The winner is not decided yet!" Wang Duo shouted angrily, "I think this is just a delaying strategy. Now the imperial treasury has no money, the cotton from JAC Cotton Industry has not been sold, and there is no money in the account. I think what he can do."

Seeing Wang Duo getting angry, everyone lowered their heads, became angry and stopped talking.

Seeing their expressions, Wang Duo couldn't help but angrily said, "Didn't they say it? He held a shareholders' meeting and reopened the market after any merger and acquisition! What are you anxious about! The old Hui borrowed much more debts than us, and all the ancestral property has been bet on it. If the market is not opened, they are anxious about us!"

After saying that, Wang Duo looked at Zhao Zhilong with a little dull look, "Sir! When will the shareholders' meeting be held!"

Zhao Zhilong raised his head, "Tomorrow!"

Wang Duo was stunned and couldn't help but feel a little confused. It was actually held so soon. Could it be that it was not a delaying strategy?

But he insisted: "Okay, I will go and see it myself tomorrow!"

The next morning, JAC Cotton Industry held its first shareholders' meeting in Yangzhou in the securities trading hall.

According to the company's articles of association, except for more than one thousand major shareholders, the stock shares can only form a committee and the election committee members will attend. However, due to the first shareholder meeting, the stock shares did not organize the committee, and in order to strengthen the confidence of the shareholders, the company allowed all shareholders to participate.

As a result, the number of people increased, and more than a thousand people came to the yamen of the stock exchange. In addition, there were various business groups in Yangzhou and gentry and merchants in Jiangnan who came to hear the news and almost squeezed out the yamen.

Seeing this, JAC Cotton Company simply changed the venue and transferred the conference to the large colony of the Ming army outside the city.

This is because of the status of JAC Cotton Industry as a state-owned enterprise, otherwise there would be no place to go to the school for a meeting.

At this time, Wang Duo, Zhao Zhilong and others came to the school, but they sold all their stocks and had no evidence in their hands, so they could only be regarded as watching the fun and blocked outside.

This made Zhao Zhilong extremely angry. My mother spent a million yuan on her, but she couldn't even enter.

But there was nothing we could do. With the imperial guards guarding them, they could only stand outside and watch the school grounds where JAC Cotton Industry held a shareholder meeting of thousands of people.

"Why is there no movement?" Zhao Zhilong muttered.

A businessman next to him regretted: "It should be a re-electing of sensible and supervisors. This time the major shareholder has changed a lot."

At this time, a long table was placed on the school reading stand, covered with red cloth, and more than a dozen senior company executives sat behind it.

"This time the company's stock price fluctuated, 70% of the imperial court's stocks did not move, while the remaining 30% of the stocks changed a lot. Many original shareholders could not withstand the pressure, sold their stocks, removed them from their sensibility, 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 trumpet, and sitting in the report, "The election of sensibility and supervisors is carried out first!"

Wang Duo and his gang closed some stocks at high prices, and then sold them at low prices to short the stocks of JAC Cotton Industry.

Most of these stocks were taken away by Hui merchants, and Zhao Ming also took over the last ten thousand shares in the name of the emperor.

According to the company's regulations, 5% of the shares have one vote, can nominate a director, form the board of directors of JAC Cotton Industry, decide on major issues of the company, or become the supervisor of the board of supervisors, responsible for supervising and questioning the resolutions of the board of directors.

This time, the court's equity has not changed, but the other 30% of the stocks have changed a lot. Hui merchants accounted for three, and Jiangyou merchants together accounted for less than half of the shares. However, as long as some stocks are being voted unanimously, they will also occupy a position. In addition, Zhao Ming spent money himself to give Zhu Youlang half of the shares, and the royal family can nominate a director.

The emperors of the Ming Dynasty all had imperial lords and imperial possessions, and Zhu Youlang had almost no property, and the beauties in the harem needed money to support them. The emperor usually had to pay some money to reward concubines and eunuchs, so he could not let the emperor lose money.

The money allocated to the emperor by the Ministry of Revenue was very limited every year. In order to allow the emperor to have fun, Zhao Ming took out a private bag and sold some shares to the emperor, which was cheap anyway.

At this time, after half a Shicheng election, a few more sensible people were selected, as well as supervisors, and the company's management team did not change.

After the company's board of directors, supervisory board and management decided, the chairman and general manager began to focus on the topic.

"Recently, the company's cotton farm has harvested a lot, but the sales of cotton have not been opened, which has brought fluctuations to the company's stock price." He Bin shouted loudly.

More than a thousand shareholders in the school yard immediately pricked their ears, and even the businessmen watching the fun outside cheered up to see how JAC Cotton Industry resolved the crisis.

"In view of this, the company's senior management repeatedly discussed and decided to invest in cotton to acquire Qian's Weaving Industry, 50% of the shares, and to control Qian's Weaving Industry." He Bin said loudly.

As soon as these words were said, more than a thousand shareholders were in an instant and the entire schoolyard was like water boiling.

"What's going on?" Zhao Zhilong couldn't help but shout.

"It seems that it is JAC Cotton Industry, which is going to acquire Qian's Weaving Industry!" Zhao Ming explained the person who arranged in the crowd.

"Qian Weaving Industry, which Qian Weaving Industry, is the textile workshop of Muzhai's official family?" Zhao Zhilong asked and answered by himself.

"Oh!" Some businessman couldn't help but beat his chest and regretted not buying any of them. "JAC Cotton Industry's stock will definitely rise sharply!"

Wang Duo's head buzzed, his body shook, and he almost fell down.

"The major shareholder repurchases, protects the stocks, and then suspends trading again. Now there is another merger and acquisition! Can this be played like this?" Several Shaanxi businessmen were obsessed with this business war throughout the whole process.

The few people whispered and said a few words, and then quietly left the crowd.

There is no need to listen later. Before, JAC Cotton Industry was just involved in cotton planting and drank some soup. Now it is just about to get involved in textiles, which is equivalent to grabbing the jobs of Jiangnan gentry and businessmen.

Previously, Shaanxi businessmen were worried that they would offend Jiangnan gentry and could not buy cotton cloth, so they dared not interfere. Now they have no worries. Even though they knew that the stock of JAC Cotton Industry would rise, they must have gone to get the silver and exchanged it for Jiangnan silver dollars, preparing to buy stocks.

"Let me introduce the situation of Qian's Weaving Industry." He Bin continued: "Qian's Weaving Industry has 150 million looms, producing one piece of cotton every six days, with a total annual output of 900,000 pieces. Its revenue is 1.1 million taels and a profit of 600,000 taels. The company's valuation is 5 million taels."

Many shareholders are already in full swing, and their blood is rippling. As we all know, in the cotton textile industry, the raw materials are only profitable, and the production of cotton cloth is the big one.

Before, JAC Cotton Industry only provided raw materials, but earned only hard money. Now, once it acquired Qianshi Weaving Industry, it would be equivalent to joining the textile industry, controlling the industrial chain from raw materials to production, and making money from the entire industry.

How many businessmen in the world want to interfere in the textile industry, but have no way to go.

Now JAC Cotton Industry controls Qian's Weaving Industry, not only has an additional workshop that can lay golden eggs, but also controls the upstream and downstream of the entire industry. From then on, there is no need to worry about being choked.

Moreover, if the company provides raw materials, which are definitely lower than the market price, it will greatly help the development of Qian's Weaving Industry and increase Qian's Weaving Industry's competitiveness in Jiangnan cotton textile industry.

He Bin continued: "The company will invest in three million kilograms of cotton this year. Within five years, it will hold 50% of Qianshi Weaving Industry Co., Ltd. and will help Qianshi Weaving Industry expand production, increase 10,000 looms every year, and set up a branch workshop in Jiangbei to achieve a growth of 30% per year~"

He Bin continued to draw big pie and tell stories, describing a bright future for shareholders.

Outside the field, Zhao Zhilong was already crazy. He turned around and 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 from his subordinates, and the muscles on his face couldn't help but twitch.

Before, the Regent just planted cotton, but now he wants their job.
Chapter completed!