Because this is equivalent to putting hundreds of thousands or even millions of funds in the Fuyuan Machinery Factory, they are reluctant to sell these excellent shares to cash out, but if they don't sell them, they won't be able to get dividends.

It is these reasons that have allowed them to continue to put forward proposals for dividends on the board of directors many times, but the first few times were vetoed by the major shareholders of Fuyuan Company and Dingsheng Bank, and it is normal for Fuyuan Company to veto, Dingsheng Bank, before this bank was not short of money, but with the development of Dingsheng Bank this year, its funding gap is also relatively large, limited by its own shortage of funds, Dingsheng Bank began to sell a small number of shares of Fuyuan Machine Qì Factory last year. Half of the percentage points of shares repurchased by Fuyuan were sold by Dingsheng Bank.

However, Dingsheng Bank did not want to sell all the shares directly, after all, the development momentum of the Fuyuan Machinery Factory was obvious to everyone, and a large number of wealthy people outside were waiting to buy the shares of the Fuyuan Machinery Factory without a chance. However, not selling shares and wanting to obtain funds, and at the same time seeing the profit of Fuyuan Machinery Qì Factory soar in the first quarter of 1908, this led to a change of attitude at the board meeting a few days ago, Dingsheng Bank, which had always supported Fuyuan's policy of not paying dividends, changed its attitude and turned to support the dividend proposal.

Finally, at the board meeting, with 66% of the majority of the shares in favor and 34% of the shares against, the share dividend proposal was reached, and the proposal decided to require Fuyuan Machinery Qì Factory to propose at least half of the quarterly profits for share dividends in the next three quarters.

The success of this proposal made a large number of shareholders very happy, but it was undoubtedly an extremely unfavorable thing for Zhao Chenbin.

Today, he convened this meeting of the heads of various departments of the Fuyuan Machinery Factory, just to come up with a way to deal with the board of directors' dividend proposal.

After all, the board of directors is the real controller of the factory, and although these people here are the leaders of the factory, they are actually just a group of wage workers, and it is undoubtedly very difficult for them to resist the resolution of the board of directors.

Zhao Chenbin had no way to solve the matter within the Fuyuan Machinery Factory, and had to report it to Zhao Dongyun.

After Zhao Dongyun received this news, his face was also a little dark, now is the critical moment of the Fengwan War, he not only needs the army to fight the front line, the government to do a good job in government affairs, logistics, but also needs the business circles of the northern provinces to continue to maintain strong support for him.

In the industrial and commercial circles, the support of the Fuyuan Machinery Factory is particularly important, because more than eighty percent of the guns and artillery required by the Fengjun Army, all the shells and bullets are supplied by the Fuyuanji Factory, and the continuous expansion of the production scale of the Fuyuan Machinery Factory is very important for the development of the Fengjun.

Now that group of businessmen actually wanted to suspend the expansion of Fuyuan Machinery Qì Factory and wanted to pay dividends?

"These people, I think they have all fallen into the eyes of money, and they are all short-sighted!" Zhao Dongyun was very dissatisfied with the behavior of those shareholders of Fuyuan Machinery QÌ Factory who dragged themselves back behind their backs.

And what he said about the businessmen is also the truth, if the Fuyuanji factory continues to expand now, and when the Fengjun truly unifies China, then the Fuyuanji factory will definitely have grown into the largest national defense and steel supplier in the Far East in China, and the value of the shares in the hands of those businessmen will be many times greater?

Not to mention how huge the development of Fuyuanji Qì Factory will be in the future to completely monopolize the domestic defense supply.

However, now Fuyuan Machinery QÌ Factory is dragging itself back behind its back, which also makes Zhao Dongyun have the idea of supporting another defense company.

"It seems that no matter what industry it is, there is a need for competition!" Zhao Dongyun simply said this sentence, which already made Zhao Chenbin feel Zhao Dongyun's anger.

And Zhao Dongyun's anger naturally does not mean how brutal it is, no matter how stupid he is, he will not say that he will use any administrative means to force Fuyuan Machinery to stop paying dividends and continue to expand, but he is using other methods.

The first thing is that he directly instructed several state-controlled banks to directly acquire the shares owned by the Shenyang Arsenal and the Baoding Arsenal, and at the same time, on the grounds of wartime production needs, he made the already vain "National Defense Patent Sharing Act" forcibly stipulate that in wartime, under the premise of national needs, a certain patent can be forcibly shared with other defense suppliers, and of course, the sharing of patents also requires manufacturers to pay patent fees.

The bill aims to break the patent monopoly of the Fuyuan Machinery Factory on many domestic weapons.

Tong Guò acquired the shares of the Shenyang Arsenal and the Baoding Arsenal, and the two arsenals were acquired by state-owned banks, which means that the government owns the arsenals directly under it.

In addition, it was not enough, Zhao Dongyun directly supported the Ordnance Department of the Command, and asked the Ordnance Department to support the above two arsenals when purchasing weapons.

As a result, in the latest round of military bidding at the end of March, the Shenyang Arsenal naturally defeated the Fuyuan Machinery Factory and won an order for as many as 30,000 rifles, while the Baoding Arsenal also received more than 2 million yuan worth of bullets and shells.

In this round of bidding, Fuyuan Machinery Factory only obtained orders for artillery and machine guns, and the total amount of orders was only more than 3 million yuan.

Although this round of bidding Fuyuanji Qì Factory is still a big winner, but things can not be seen as such, in the past, these ordnance orders were all Fuyuanji Qì Factory's business, but since the state-owned bank forcibly acquired the shares of Shenyang Arsenal and Baoding Arsenal held by Fuyuanji Factory, the situation of the Fuyuanji Qì Factory in the Soviet Union has become a situation of three points in the world, which naturally makes many shareholders of Fuyuan Factory unhappy.

But it's not happy, but I still don't dare to blame the military's bidding!

It's just that this time the dividend proposal of the Fuchang factory made Zhao Dongyun begin to feel that it is difficult to control the military giant of the Fuchang, and now the acquisition and support of the two arsenals in Shenyang and Baoding is just the beginning, in Zhao Dongyun's heart, he has begun to plan to continue to support defense-related enterprises in the future, and strive to let more domestic enterprises and capital participate.

Lest let the Fuyuan Machine Factory become bigger, and then turn around to blackmail the military.

Although the Soviet Union is a whole of the northern industrial and commercial landlords and other interest strata, there are contradictions within any faction, especially the military and political aspects are not always able to maintain constant steps with industry and commerce, those capitalists want to make money, want to buy weapons and ammunition and other supplies at a high price, while the military wants cheaper, more weapons and ammunition. If there is only one Fuyuan machine factory, and there are no other competitors, it will be easy to become a Fuyuan factory, and the military will not even have the capital to make a counteroffer.

Of course, these are all things in the future, now, no matter what Zhao Dongyun thinks in his heart, the current Soviet Fengjun still has to rely on the support of Fuyuan Machine. In this regard, Zhao Dongyun on the one hand is to support other defense enterprises, on the other hand, he also intends to gradually increase the control of Fuyuan Machinery through the means of capital.

As for the use of administrative means, this is only the last option, and Zhao Dongyun does not intend to use administrative means to forcibly interfere with the operation of domestic industrial and commercial enterprises unless it is absolutely necessary.

Because the regime under the leadership of the Soviet Union is, strictly speaking, a regime with a strong feudal atmosphere, but inclined to industrial and commercial development, it does not mean that there is a state-owned system, but a regime that strictly protects private property, and if the government arbitrarily interferes with the business and development of the enterprise itself, then it will usher in the opposition of many business people.

Although the current main body of the Soviet regime has gathered the support of a large number of northern landlord strata, to be honest, the main supporting force of the Soviet system is still the industrial and commercial circles in the north.

The vast majority of the bonds issued by the Soviet Union in recent years have been purchased by capitalists in the industrial and commercial circles, whether they are private or financial institutions, and the last ones to pay are those who are rich.

Therefore, even for the sake of military spending, the current Zhao Dongyun cannot offend these capitalists.

After all, now is not the ancient times, the ancient monarchs can let those merchants who raid the family to subsidize the treasury, for example, those Yangzhou salt merchants in the Qing Dynasty, which are a group of long-term money bags raised by the monarchs of the Qing Dynasty.

But now it's different, not to mention now, even the Qing government in the past few years did not dare to suppress businessmen casually, even if it is related to the interests of the country, it may be ruined because of the opposition of businessmen, the most obvious is the Guangdong-Hanzhou Railway and the Sichuan-Han Railway, these two railways were originally borrowed by the former Qing Dynasty to build roads, but because of the opposition of the businessmen, they were finally forced to retract the right of way, and then began to engage in commercial affairs.

However, in these years, large-scale projects are played by commercial offices, and there is no support from the upper elites behind them, basically they will be in vain, even in the name of the commercial Fuyuan Machinery Factory, at the beginning were supported by the entire Beiyang Group, and the original Qing court even issued a special decree to require the local government to give convenience, and at the same time, it was also to restrict foreigners from buying shares in the factory.

After Zhao Dongyun won the southern provinces, the construction of this railway will be 100% and the Longhai Railway and the Jinpu Railway will borrow money to build the road, but it will insist on the right to operate, so as not to be too miserable as in the pre-Qing Dynasty, and even the right to operate was taken away by foreigners.

It's just that it's unreliable to engage in large-scale projects in these years, but the political influence of businessmen in this era is still increasing, at least for now, whether it is Zhao Dongyun or Duan Qirui, in fact, they need to win over the local merchant class, even the Southern Federation of China is no exception, the Southern Federal Empire of China is more feudal than the Chinese Republican government, and now they still respect Guangxu who is under house arrest as the emperor, but they are more tolerant of industry and commerce, especially the continuous defeat, After connecting the two rivers and Guangdong, they became more tolerant of the local industrial and commercial industries in Yunnan and Sichuan, and tried to win over the local merchant class to contribute money and efforts to continue to support their regime.

In a certain way, the Su family, the Anhui family, the Southern Federation, and even Wu Fengling in Shanxi and Wang Shizhen in Hubei are all types of mothers who have milk, and whoever can provide them with more money to support the army to fight the war will be treated as a guest.