My life skills in Daming Liver

Chapter 531 Song and Dance Troupe

In addition, Songjiang Prefecture has another measure, that is, the newly established railway company will raise shares from the whole society, with one hundred taels of silver as one share.

Those who subscribe for ten shares can enter the iron company's shareholders' meeting and participate in the shareholders' meeting.

Those who subscribe to the top ten shares will join the board of directors, which is responsible for the daily operations and operations of the railway company.

Songjiang Prefecture also has five seats on the board of directors, and Songjiang Prefecture sends officials to participate. Songjiang Prefecture's board seats only participate in decision-making and do not participate in dividends.

All shares can be issued and purchased at the Shanghai Securities Center, and ordinary people can also subscribe for one share.

Xu Kun was both familiar and unfamiliar with this new framework. Isn't it similar to the system of delegates to the Constitutional Convention?

However, it seems quite reasonable to form a board of directors according to the proportion of capital contribution, and then let the directors be responsible for the railway company's decision-making?

Ordinary shareholders can participate in year-end dividends and benefit from selling their shares if the stock rises.

Even in the future, if future generations do not understand business, as long as they hold shares of the railway company, they will continue to enjoy the benefits of dividends and rising stock prices.

Although there are some deviations from the original plan of eight companies to form a railway company, and other competitors have been added, does this structure seem more reasonable than before?

After the plan was launched, it received support from the entire Songjiang Prefecture’s business community.

There were even businessmen from other places who heard the news and wanted to go to Songjiang Prefecture to buy stocks.

Now the businessmen in Songjiang Prefecture have quit. If the railway company's shares are bought by businessmen from other places, won't Songjiang Railway Company have to listen to outsiders?

On the day of the railway company's securities issuance, the Shanghai Securities Center competed fiercely. The final result was that all railway company stocks issued this time were raised, and even exceeded the originally set issue price.

The Xu family also got their wish, purchasing the largest number of shares and joining the board of directors of Songjiang Railway Company.

The first board meeting of Songjiang Railway Company approved the development plan of the new Songjiang Railway.

This time the Songjiang Railway covers all counties in Songjiang Prefecture, and is expected to be designed as a loop line connecting Kunshan in the future.

Land transactions near the railway were frozen until the railway was completed.

For plots of land that the railway passes through, the railway company will be responsible for purchasing the land with compensation. The railway company will set up a special committee to be responsible for the demolition work together with Songjiang Prefecture.

Songjiang Railway Company became the first company to be listed on the Shanghai Stock Exchange.

After the first board meeting, Xu Kun started to have difficulties during the second board meeting.

Now that the railway is planned, there is a very important question before all the directors.

Who can build a railway?

Everyone discovered that there were businessmen from all walks of life on the board of directors, but no one knew how to run a railway company, let alone build a railway.

Railways can be the most complex thing in this era, and running a railway company requires very professional talents.

Xu Kun looked at the directors. He finally looked at the five official directors appointed by Songjiang Prefecture, cleared his throat and said:

"Since no one knows how to run a railway company, let alone build a railway, we should still hire professionals to do it."

"Several people with professional experience in the entire southeast are now in the Railway Department of the Ministry of Industry. We can hire professional people to run the railway company."

Several directors were stunned for a moment. Doesn't this mean that the railway is still in the hands of the government?

But they do not have the talent to build and operate railways. It seems that this still depends on the railway department.

Xu Kun bit the bullet and said: "We can hire people from the railway department as managers, and then we can select some of the talents we have trained ourselves as assistant managers to learn how to run a railway company."

“The manager operates a hiring system and is hired by the board of directors.”

"What do you think?"

The directors present looked at each other, nodded and said, "This is a solution."

Everyone is planning to put their successful nephews into the railway company. Now that they don’t know how to build and operate railways, can’t they learn?

Once you learn how to do it, can't you change it into your own person?

Moreover, in the early days of railway construction, there were many contacts with the government. It should be easier to hire managers with official backgrounds to carry out the work.

Thinking of this, the board of directors unanimously approved Xu Kun's proposal to recruit an official with experience in railway construction from the Railway Department of the Ministry of Industry. As the general manager of Songjiang Railway Company, he would be responsible for the construction of Songjiang Railway.

After Xu Kun finished everything, he returned to the Xu family mansion in Huating.

Xu Kun has been busy with the railway company these days, and it can be said that he is tired and excited at the same time.

The frustrating thing is that the railway company's equity is complex and there are many constraints, so it is not easy to form a board of directors resolution.

What’s exciting is that as my father said, once an industry with such a high threshold as a railway company can be put into operation, it will be a business that is sure to make money without losing money.

Songjiang Prefecture is the best place in the world, and there is no need to worry about passenger or freight transportation here.

It can be said that the Songjiang Railway Company's stock is a guarantee for the descendants of the Xu family. Even if the son is useless and becomes a mascot on the board of directors in the future, the family will still get a fixed position and dividends.

It is forbidden for future generations to sell shares in the railway company. Xu Kun is going to write this into his will!

At that time, Xu Kun's second son Xu Xiu came to visit him.

Xu Kun became more and more angry as he thought about this second son.

Although the eldest son Xu Jin did not do his job properly and did not like the imperial examination, he never caused trouble and only studied arithmetic behind closed doors.

Now he went to study at Tiangong Academy. Although Xu Kun did not support it at first, he thought that Tiangong Academy was also opened by Su Ze, and his son could be regarded as a disciple of the Grand Governor.

But this second son got angry.

Xu Xiu also has no real job, but hangs out with actors and actresses all day long, and loves romantic places the most.

The Xu family has a great business, and Xu Xiu has also made a group of bad friends who tinker with these instruments all day long.

Xu Kun rarely sees this son at home, but today he actually asked to see him.

Xu Kun acted like a strict father, and became even more angry when he saw the makeup on his son's face.

Xu Xiu was also very afraid of this father, but he still said bravely:

"Dad, my son wants a sum of money and some pieces of land from our family on Chongming Island."

Xu Kun thought that he had invested in several pieces of land on Chongming Island, which was originally used as a cotton textile workshop.

However, Chongming Island was unstable and several islands were submerged by the river. After Xu Kun bathed in the port established on Chongming Island, Chongming Island became a few Zhuangzi because of the inconvenience of getting up and down.

These Zhuangzi farmed them for the Xu family, and Xu Kun collected a small amount of symbolic rent, which was regarded as public welfare land for the clan.

But even so, there are still a lot of wastelands on Chongming Island. Any member of the Xu family who is a little mature can find a job in the workshop, but who is willing to go to Chongming Island to farm.

Xu Kun was also a little confused when he heard that his son was going to claim land on Chongming Island.

Xu Xiu said bravely: "My son heard that a railway station is going to be built on the other side of Chongming Island. My son wants to develop industries on Chongming Island."

"Develop industry?"

Only then did Xu Kun remember that a branch line of the Songjiang Railway was built opposite Chongming Island. This was a remote village on the edge of Songjiang Prefecture, which was considered an area required by the government to be opened to traffic.

That place is useless and has no development value like Chongming Island.

The board of directors is prepared to let the station open for a period of time, and then request Songjiang Prefecture to close the station if it is really unprofitable.

Now I heard that my son actually wants to develop the land in that place?

Xu Kun's blood pressure was even higher. Nowadays, who in Songjiang Prefecture has nothing to do and goes to Chongming Island to buy property!

My son is afraid that he will ruin the Xu family's property!

But Xu Xiu has been hanging around outside these days. Xu Kun thought of his father's teachings. It was better to give him some money to do something than to cause trouble for the Xu family outside.

The wasteland on Chongming Island is worthless, Xu Kun asked:

"What are you going to develop?"

Xu Xiu also plucked up the courage and said to her father:

"Dad, this is my plan."

Xu Kun was a little surprised. He took over his son's plan and looked through it.

"Xu's Song and Dance Troupe"

Seeing the name in the plan, Xu Kun's blood pressure rose again.

Cabaret? My son actually wants to open a brothel?

Is a brothel opening on Chongming Island? What kind of clever business plan is this?

Xu Kun felt like he was about to be pissed off by his son!

Seeing that his father was about to get angry, Xu Xiu immediately said:

"Dad, my son doesn't want to open a brothel, he wants to open a singing and dancing troupe, a serious one."

"A serious song and dance group?"

"You can talk about it after reading the plan."

Xu Kun read the plan carefully, his face was a little complicated.

Xu Xiu's plan was to build a theater on Chongming Island, where plays would be rehearsed and performed.

In addition to the theater, there are also a series of resort and commercial properties, including a series of commercial facilities such as hotels.

The song and dance troupe is a formal song and dance troupe, only responsible for performances.

During the off-season, the song and dance troupe rehearses new plays and performs when tourists come to the island.

Xu Xiu also established a system to train actors and musicians, giving them fairly high salaries.

Xu Xiu and several friends were responsible for arranging new plays. The first few plays they changed were "Three Dreams" written by the governor Su Ze.

This seems? Is it really possible?

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