Chapter 259 Stock Exchange

March 3rd.

Keelung City, East Island, the headquarters of Tianhan Group.

Wang Zhiqiang, Li Jianhua, Zhuge Three Provinces, Du Lisha and others gathered together.

"We have completed the rectification of the Dongdao securities market, and now the Dongdao Stock Exchange has been renamed Keelung Stock Exchange." Wang Zhiqiang spoke first.

"In that case, our plans can begin." Zhuge Sanxing smiled and clicked on the holographic projection.

The Keelung Stock Exchange is a securities market controlled by the Galaxy Consortium, and because it is too troublesome for domestic A-shares to change the rules, Galaxy Technology simply plays by itself.

The rules of the Keelung Stock Exchange are similar to those of the Mi Lijia Stock Exchange.

However, the Keelung Stock Exchange has some mandatory regulations, the first is the dividend system, in principle, dividends are distributed four times a year, and each dividend is 40~60% of the net profit of the quarter; If the cumulative number of dividends is less than 6 times within three years, it will be forced to delist.

The second is the classification of equity, which is divided into Class A with the same rights and Class B with the same shares.

The third is the proportion of shares issued, with a minimum of 20% listed for Class A and a minimum of 40% for Class B.

Fourth, the purchaser must be a citizen of Dongtang or an institution or company registered in Dongtang.

The fifth is the compulsory credit system, under which anyone who has committed economic crimes (including those who are untrustworthy in banks and has a debt ratio of more than 30%) is not allowed to buy stocks issued in the Keelung securities market.

The sixth is the compulsory shareholding system, in which Mars Securities Company and Meteor Shower Securities Company will be forced to hold a part of the shares of listed companies, and the proportion is not less than 20% of the listed shares.

If a company listed on the Keelung Stock Exchange has 50% of the listed shares, then the combined shareholding ratio of Meteor Shower Securities Company and Mars Securities Company shall not be less than 10%.

Of course, there are restrictions on this mandatory shareholding, for example, Mars Securities Company and Meteor Shower Securities Company cannot interfere with the daily management of the company, or sell these shares, and if the company is delisted, the shares will be redeemed at the original purchase price.

The reason why this system is set up is mainly to ensure the safety and stability of listed companies, once someone blocks the shares of listed companies, listed companies can implement emergency plans with securities companies, after all, sometimes 10% of the shares can be absolutely the ownership of an enterprise.

In addition, the penalty of Keelung Stock Exchange is very large, once the law is violated, the amount of the fine is all illegal gains, plus 50~300% of the illegal gains to calculate.

The illegal gains of the total fine will be returned to all shareholders (except those who are penalized) in proportion, and the remaining 50% will also be distributed to shareholders (except for those who are penalized), and the final rest will be confiscated by the CSRC.

This is done to encourage shareholders to report violations.

"Mr. Li, how many companies in the galaxy can be listed on the Keelung Stock Exchange?" Wang Zhiqiang asked.

Li Jianhua turned on the holographic computer.

[Leishen Electric Vehicle, Yadi Company, Haifeng Wind Power, Hony Battery, Surging Tram, Green Earth Supermarket, Intra-city Trading Network.] ]

"This is the first batch of listed companies, and we need to study the rest." Li Jianhua said.

Wang Zhiqiang nodded, and then he clicked on the listing list of the Tianhan system.

[Aima Electric Vehicle, Little Bear Battery, Seven Kills Company, Sanxin Electronics, Taiji Electric, Dongdao Electric Power, Dongdao Water Supply.] ]

"These are the listed lists of the Tianhan system."

"Then leave the listing arrangements of these companies to me and Lisa!" Zhuge Sansheng knew that the next thing was the work of their financial group.

"Then please."

"It's a matter of duty." Du Lisa still spoke in a cold tone.

Mars Group and Meteor Shower Group have gathered a large number of financial backbone personnel to prepare to study how these listed companies operate.

"Lisa, do you think those companies should go public first?" Zhuge Sansheng asked.

"When the first cannon must be loud, Taiji Power, Dongdao Water Supply, Yadi Company, and Haifeng Wind Power are more suitable." Du Lisa spoke her mind.

The three provinces of Zhuge pondered that among these four companies, Taiwan Jidian and Dongdao Water Supply represent the local and Tianhan systems of Dongdao, and Yadi Company and Haifeng Wind Power represent Dongtang and the Milky Way.

At the same time, the valuations of these four companies are not small.

Zhuge Sansheng nodded: "Then the first batch of listing lists will decide Taiji Power, Dongdao Water Supply, Yadi Company, and Haifeng Wind Power." ”

Once the list is decided, the next step is to value the four companies.

The overall valuation of Taiji Power is 500 billion Mars coins, and the type of shares planned to be issued is Class A, with a proportion of 30%, excluding 6% of the mandatory shares, and 24% of the outstanding shares.

24% of the outstanding shares are 120 billion Mars coins or Chinese dollars, and it is planned to issue 12 billion shares at 10 Mars coins per share.

The total valuation of Dongdao Water Supply is 20 billion Martian coins, the issuance type is Class B shares, the proportion is 50%, and the outstanding shares are 40%.

40% of the outstanding shares are 8 billion Mars coins, and it is planned to issue 800 million shares at 10 Mars coins each.

The total valuation of Yadi is 40 billion Mars coins, the issuance type is Class A shares, the proportion is 30%, and the outstanding shares are 24%.

24% of the outstanding shares are 9.6 billion Martian coins, and it is planned to issue 1 billion shares at 9.6 Martian coins per share.

The total valuation of Haifeng Wind Power is 60 billion Mars coins, the issuance type is Class A shares, the proportion is 30%, and the outstanding shares are 24%.

24% of the outstanding shares are 14.4 billion Mars coins, and it is planned to issue 1 billion shares at 14.4 Mars coins per share.

The four companies combined for a total of 14.8 billion shares, with a total issue price of 152 billion Martian coins.

The Mars Group and the Meteor Shower Group conducted a comprehensive assessment of the situation of the four companies.

In fact, these stocks issued by the Galaxy Consortium are not for people to speculate in stocks, but focus on dividends.

According to the financial reports of the four companies, Yadea's profit last year was 7.1 billion yuan, and the main profit items were electric vehicle sales (47%), electric vehicle spare parts (12%), charging station comprehensive (37%), and others (4%).

In other words, Yadea's average quarterly profit is 1.775 billion yuan.

The 24% outstanding shares are 426 million Chinese dollars, 170.4 million Chinese dollars calculated according to the 40% profit dividend ratio, an average dividend of 0.1704 Chinese dollars per share, and a first-hand dividend of 17.04 Chinese dollars.

Buy 100 lots, and you will have a dividend of 6000~7000 Chinese dollars a year, which is equivalent to an annual interest rate of about 6~7%.

The other three companies are similar to this situation, of course, if you want to speculate in stocks, you can also do it, as long as it is not illegal, you can choose as you like.

In fact, the dividend ratio of these listed companies of the Galaxy Consortium will not choose 40%, and if the profit is considerable, it is generally about 50~60% of the profit.

The main reason is that the Galaxy Consortium intends to suppress short-term speculation in the market and return the market to more stable long-term investment.

Those iron roosters in domestic A-shares will only fuel the speculation of short-term speculation, after all, they do not pay dividends for several years or dividends a little, investors cannot get dividends from stock declines, and finally can only rely on speculative stock price differences to make money.

This is a pathological situation, and listed companies do not pay dividends, which is very detrimental to the long-term healthy development of the stock market.

Therefore, the emergence of the Keelung Stock Exchange is to force the domestic stock market into a virtuous circle, and it is not a capital game of big fish eating small fish.

After all, in the capital game of big fish eating small fish, it is always those retail investors who are hurt, and institutions have many means to avoid losses, or even transfer losses.

Therefore, it is necessary to protect retail investors and restrict institutions from cutting leeks, especially the domestic stock market in Dongtang, as the stock market with the largest number of retail investors in the world, if it wants to develop benignly, it must protect the interests of retail investors.

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Sogou