Chapter 223: The Eleventh Task Ah Q wants to be surnamed Zhao 15
Lu Renbing has too much money on hand, so he has to invest a lot of it, and it is too eye-catching to put in his hands. In any era, eating alone eats too fat to attract people's eyes.
He not only established his own industry, but also invested in enterprises in Jiangsu and Zhejiang merchants, Zhang Qian's yarn factory, and Wuxi Rongjia's flour mill, and he became a shareholder. In 1908, Sheng Xuanhuai asked Hanyeping to be turned from an official supervision and business office to a complete business office, with an estimated share of 15 million taels. Due to the fact that the Hanyeping Company had always been unprofitable and owed a large amount of arrears to Japanese businessmen, Yuan Shikai in the imperial court had always wanted to completely nationalize the company.
Therefore, many people were discouraged, and in history, Sheng Xuanhuai only raised 1 million taels of share capital and was forced to accept the request of the Japanese businessman to convert debt into equity. China's largest heavy industry group in modern times fell under Japanese control.
How can this be endured, Lu Renbing is involved in the issue of telegraph and telephone lines because of the newspaper distribution group and the news agency. He has a close relationship with Sheng Xuanhuai, the Minister of Posts and Communications, and it just so happens that he has a lot of money in hand. He contacted Sheng Xuanhuai to buy the remaining 14 million taels of share capital. Became the largest individual shareholder of Hanyeping. relieved Sheng Xuanhuai's urgent need.
But Hanyeping is the meat of the Japanese mouth, and Lu Renbing's actions are undoubtedly dangerous. Although the Japanese did not have the ability to expand in this era, due to the victory of the First Sino-Japanese War, the Japanese still had a strong deterrent power at home.
This year, the Japanese have been making trouble on the Sino-DPRK border, and disputes over the ownership of Yanjima Island have continued. The Japanese-phobic faction within the court may sacrifice Hanyeping at any time.
Therefore, Lu Renbing bought the shares of Hanyeping again, and after completing the complete business operation of Hanyeping Company, he discussed with Sheng Xuanhuai for a long time. Lu Renbing wrote a series of articles in the Financial Times analyzing the crisis facing Hanyeping and its future development prospects, hinting at the wolf ambitions of the Japanese.
Publicly offering shares to the whole country, but declaring that he would only accept shares from Chinese, he sold his shares again. The influence of the Financial Times is enormous. In the past, Sheng Xuanhuai's IPO was only limited to Jiangsu, Zhejiang, Beijing and Tianjin, and the businessmen in these two places had complex backgrounds, and they knew that the inside story was of course unwilling to mix shares.
However, through the publicity of the Financial Times, Hanyeping instantly gained more than 100,000 small shareholders from all over the country, and the new round of fundraising obtained more than 40 million taels, and Hanyeping's shares doubled in just a few months. Han Yeping brought together the gentry of the whole country, and this force was so strong that no matter how the Japanese put pressure on the imperial court, no one in the imperial court dared to fight it again.
Because Sheng Xuanhuai accepted Lu Renbing's suggestion and accepted his political enemies as shares. Everyone stirs into a pot, and you will never smash my pot again. It's not that Sheng Xuanhuai has become generous, or Lu Renbing's banknote ability has played a role.
Lu Renbing's operation is still the largest individual shareholder of Hanyeping, but the shareholding ratio has dropped to an inconspicuous level of 2%.
Han Yeping also became the largest joint-stock company in the country, Lu Renbing personally went down, assisted Han Yeping to do the modernization reform, set up a mature board of directors, shareholders' meeting, hired a team of professional managers, after the completion of the reform of Han Yeping, can ensure the interests of those shareholders across the country.
The serialization of those financial histories led by Lu Renbing has been completed. Lu Renbing published them in a collection and published a total of 10 books, introducing the history of the development of world finance, introducing the insurance industry, the banking industry, the trust industry, the stock market, securities, futures, modern companies, the industrial revolution, and the electrical revolution. These modern economic knowledge that Chinese have never heard of, Lu Renbing named them "Contemporary Economic Series".
Lu Renbing is the editor-in-chief, and those contributors who participated in the compilation have been added to the list of authors by Lu Renbing according to their contributions. Lu Renbing does not have the habit of greedy for other people's credit, and it is not worth it. Anyway, sooner or later, his own old bottom will be brought up.
He has never read a book, nor has he stayed abroad, and the source of his capital is a mystery. If it is only the editor-in-chief, it can be understood that there are not too many people who were born recklessly in this era and have created a career.
But to become a university scholar who is proficient in the history of various Chinese languages is questionable. As the big boss of the newspaper, he is named as the editor-in-chief, and no one will question it.
Anyway, these books were all completed within the framework he delineated, and those who actually operated knew it and would never be unconvinced.
Since the withdrawal of this book series, Lu Renbing has become the most famous economist in the country. This series of books adopts the most standardized writing specifications of this era, and every data, every allusion, has a special literature source. As soon as it was published, it was sought after.
In that year, it sold more than 100,000 sets, and almost became a must-have book for businessmen and cultural people. After all, it was said at the beginning of this book that the secrets of the Western powers' ability to be powerful are all in this series of books. But anyone who has read the book knows that the secret of making a fortune is also in this set of books.
This set of books not only sold well in China, but even sold the rights in the United Kingdom, France, Japan, Germany and other places. In 1909, it began to sell well abroad.
In this era, such a systematic combing, there are few books on financial history in the world. Lu Renbing's fame has begun to cross borders. In this era, economists are not worth much, but Lu Renbingli becoming a world-renowned economist is just around the corner.
In particular, this scholar has really grown from a poor farmer to a rich newspaper tycoon in a few years. His book is certainly worth a look.
It is precisely because of this name that the shareholders of Hanyeping are relieved to let Lu Renbing take the helm of Hanyeping's reform. Lu Renbing does not serve in Hanyeping, he is only the vice chairman of the board of directors, and he is appointed to exercise his voting rights on the board of directors. He had no interest in going down in person, for the development of heavy industry.
However, the development plan of Hanyeping for the next ten years proposed by him at the board of directors was unanimously approved by the board members. The newly hired team of managers is also committed to this plan.
Alas, people who have the ability are just so boring. Originally, he wanted to spend the money, but by the end of 1909, the 14 million taels he had invested had doubled and returned to his pocket.
There was too much money, and Lu Renbing had no choice but to set up a bank, and his banknote capacity was too strong, and on the basis of the contacts established by reporters in various places, Lu Renbing's Xinhua Bank established a nationwide banking network within half a year. Unlike the bankers of this era, who value shares very seriously.
Lu Renbing's bank has been a complex network since birth. He designed Xinhua Bank as a group branch model, where banks around the country are branches that can independently absorb local shares, and the head office absorbs national shares, which is a shareholding model for branches. The board of directors of the local branches is responsible for overseeing the operation of the local bank.
The head office is responsible for coordinating the operation of the nation's banks, and this complex structure is another structure that kidnaps the country's wealthy businessmen. It can almost be done, and all the people and factions in various places can be wiped out, regardless of the good and the bad. Anyway, no matter who you are, you are the shareholder of our bank, and you have to pay dividends at the end of the year for the money earned by the bank.
The members of the imperial court did not slip through the net. For a time, Xinhua Bank far surpassed the domestic banks such as Hubu Bank and Ministry of Communications Bank in terms of capital scale and network scale.
Even the old foreign-funded banks that are calling for wind and rain in China are far behind Xinhua Bank in terms of capital scale. After all, don't look at these banks in China's territory, but they are in their country, that is a little brother. If it weren't for colonial privileges, they would be nothing.
If you don't believe it, look at what Amundi, the newly established HSBC, and Citi, which has just opened a branch in Shanghai, are all roles in their countries. So they're nothing.
That is, bullying and bullying, Chinese people do not understand financial rules, and there are no strong local forces. Lu Renbing's Huaxia Bank not only attracted the gentry from all over the country, but also attracted the bill numbers and money banks from all over the country, and together with various domestic banks, modeled after the Federal Reserve that the old Morgan had just established in the United States, and set up a domestic bank money alliance, referred to as Huaxia UnionPay!