Of course Song Zhewu understands Jia Jingde's words, which means to reassure Song Zhewu that even if Xu Yiqing has any bad ideas, Qiao Yingxia, a real person, will never agree, not to mention that there is also a vice chairman who is appointed by the Northern Frontier Governor's Office, which is an absolute major shareholder, and he can completely overturn any decision of Xu Yiqing if necessary.

Song Zhewu lit a cigarette, thought for a while, and said to Jia Jingde: "Yes, but I want to add a few points: First, I agree with Yuru's idea of finally handing over the Taiku Railway to the private sector. ”

"In the second or 10 years, the general manager can be elected by the board of directors, but we must have a position of deputy general manager. A military coordination office will also be established in the Kutai Railway Administration to be responsible for military transport. During this period, all civilian businesses had to make way for military transport if needed, because we built the railroad for military purposes. ”

"Third, the construction sites should be as many as possible at the same time, and don't be afraid that the cost of hiring migrant workers is too high, as long as it is opened to traffic early. Time is money, efficiency is life, the sooner we open the train, the sooner we make a profit, the faster we spend the money will be earned. It is now the beginning of '31, and I want you to complete the construction of the main line by the end of '34 at the latest. ”

"In addition, the most important point is that it must be clearly stated in the prospectus that public capital will begin to be phased out ten years after the completion of the railway, and that after twenty years at the latest, the Northern Frontier Governor's Office will no longer hold any shares in the Taiku Railway."

"Time is money, efficiency is life." Jia Jingde muttered quietly on the meaning of the sentence.

This slogan was put forward by Uncle Deng in Shekou Industrial Zone during his southern tour before the large-scale construction of the Shenzhen Special Economic Zone. Song Zhewu embezzled it at this time because Song Zhewu felt that this sentence was especially appropriate in the provinces under his rule, and he was now the economic pilot zone of the Republic of China.

Jia Jingde said with some excitement: "Time is money, efficiency is life." Commander, what you said is too good, our country has been pulled too far away by the Western powers in all aspects, and we must hurry up in order to gradually catch up. The commander's words are enough to serve as a guideline for the work of our Northern Construction and Development Committee. ”

"Moreover, clarifying the timing of the exit of public capital will make private investors feel more comfortable investing in shares."

The next Taiku Railway's IPO and preparation for the issuance of bonds are going very smoothly, but as the IPO time approaches, this matter can no longer be described only by the word smooth, the exact word should be hot, and it is very, very hot.

As soon as the news of the IPO and bond issuance was announced, it immediately caused a sensation in Shanxi and Suiyuan, and the businessmen in Shanxi were very clear about the significance of this railway, especially after learning that Xu Yiqing and Qiao Yingxia would serve as the chairman and vice chairman of the board of directors and the timetable for the withdrawal of public capital, the enthusiasm for equity participation was even higher.

Soon, the businessmen of Hebei and Henan, who got the news later, also rushed to Taiyuan in a hurry, and even hundreds of big businessmen and capitalists from Wuhan and Shanghai also came.

Because there are too many investors who want to participate in shares and buy bonds, there will be absolutely no problem in raising enough funds, so Jia Jiying suggested that no more public bonds should be sold and only IPO funds should be raised.

Because Taiyuan Commercial Bank contributed 100 million Tang Yuan on behalf of the Northern Frontier Governor's Office. In the name of the Northern Investment and Development Bank, guaranteed by Zhang Xueliang's Northeast Frontier Bank, and signed a contract for the purchase of 60 million yuan of steel rails with the northeast-funded enterprises Benxihu Coal and Iron Company, Anshan Iron and Steel Works, and the Showa Iron and Steel Works in North Korea. These two have accounted for 53.33% of the total share capital, and less than 46.7% of the shares are available for sale.

With Jia Jiying's shrewdness, so many people are rushing to buy it, and the remaining shares must not be sold at a good price?

He suggested that Jia Jingde and Qiu Zengyi should adopt a call auction to sell the remaining shares in this IPO.

Specifically, it is to take the remaining 140 million shares as one share for every 100 shares, and each person buys at least one share at a time.

Each share was set at 100 shares, which was Song Zhewu's idea.

Jia Jiying's method is very much in line with Song Zhewu's taste, but Song Zhewu feels that it is not perfect, so he put forward this suggestion.

This is mainly for the sake of Song Zhewu's slightly wealthy political axe clerks and small merchants, and many people can get hundreds of oceans. If each share is set to 1,000 shares, then basically only people above the middle class will buy it, and the number of shareholders will probably be very small, which is not conducive to the development of the Taiku Railway.

The specific method of call auction is that all those who want to buy shares must fill in their real names, the number of shares they want to buy, and the price they want to issue on the unified allotment form.

Of course, this price will definitely not be a piece of ocean per share, but to fill in more, and then seal it in an envelope, hand it over to the board of directors, after everyone hands in the bidding order, and then the board of directors will open the quotation and quantity one by one in public, according to the number and price of all the purchasers to buy shares, combined with the number of shares available for sale, calculate the average bid, and determine the final price of each share, only the buyers who bid above the average price will finally pay for the purchase and transaction at this average price, and become the real shareholders of Taiku Railway.

This novel way of bidding has long existed abroad, but not many people here know about it.

The impatient rush to buy the shares was first surprised, then nervously inquired into each other, and finally furrowed their brows, and filled the bidding form with a solemn expression as they thought it was appropriate and the amount they could afford to buy.

Because this investment project is so tempting, many people are bound to get it, so the price filled in is invariably much higher than the face value of the shares, and most people fill in the price they think should appear.

But when Xu Yiqing's offer was announced first, Xu Yiqing's bid still greatly surprised most people and surprised everyone.

The price quoted by Xu Yiqing turned out to be 5 oceans per share, and he bought 30,000 shares at once, that is, 3 million shares, if the transaction was made at this price, this would be 15 million oceans!

Many people know that Xu Yiqing sold the shares of the weaving and dyeing factory, flour mill and Tianyiqu under his name in order to participate in the shares, but in this way, Xu Yiqing can't take out so much money!

Just when everyone was so shocked that their mouths hadn't closed, they immediately reported Qiao Yingxia's even more shocking offer.

Qiao Yingxia's offer was even higher than Xu Yiqing's, it turned out to be a staggering 7 yuan per share, and she bought 15,000 shares at a time, that is, 1.5 million shares, if it was traded at this price, it would be 10.5 million.

Don't say that it is 7 oceans a share, or 5 oceans a share, these people have never thought of it, although the investment project of Taiku Railway is very attractive, but such a price still makes them feel outrageous.

If according to the prospectus, all the investment of Taiku Railway will be recovered in 7 years, then 7 yuan per ocean, the return of investment is 49 years, and 5 yuan is 35 years, which is converted into annual profits.

Xu Yiqing and Qiao Yingxia, two big names in Shanxi's financial circles, what's wrong? What kind of nerves are these two shrewd people? Could it be that these two people were bought by Song Zhewu? Are they to? Is it price gouging?

The offers of Xu Yiqing and Qiao Yingxia made the people participating in the bidding suspicious.

However, the future quotations made everyone breathe a sigh of relief, these quotations are basically between five and two yuan five, among which the price quoted by Jia Jiying on behalf of the Northern Investment and Development Bank is two yuan five, buying 50,000 copies, which also makes everyone put their hearts down.

Since then, although there have been people who have quoted 5 or 6 yuan, it is a very small number, and the number of these people who buy it is also very small. Among them, Jia Jingde and Zhao Pilian each bought 1,000 copies and quoted 5 yuan; Qiu Zengyi bought 500 copies and quoted 6 yuan.

It took half a day for 20 bidders to finish all the bids, and then began to calculate the average price, for the final average bid is how much, everyone is very nervous, the lower the price of the person is the more nervous, I am afraid that my bid is too low, can not buy the shares of Taiku Railway.

But looking at Xu Yiqing and Qiao Yingxia sitting on the rostrum, the expressions of these two people were very relaxed, and they were talking and drinking tea with Jia Jingde, Jia Jiying, Qiu Zengyi, and Zhao Pilian with smiles on their faces, without the slightest worry.

This made everyone below suddenly understand that Xu Yiqing and Qiao Yingxia didn't believe that they would bid for the price they quoted at all, so they were not worried about taking out such a huge amount of ocean at all. In addition to the price they quoted will definitely allow the two to buy their shares as they wish, there is also a purpose, that is, to raise their own value so that they can be the rightful chairman of the board. It is no wonder that others who bid high prices want to ensure that they buy shares in the Taiku Railway.

After thinking about this truth, the person with a low price couldn't help but regret his intestines, and he beat his chest with regret.

(To be continued)