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Chapter 681 Listed company

Today, Li Zhi is no longer as worried about the leakage of civilian technology as he was when he first traveled through time.

First of all, because today's products have become more and more specialized, they are often only suitable for the orderly society under Li Zhi's rule. For example, this seed drill and harvester, except for the fertile Liaodong, could not be used by tenant farmers in other parts of the Ming Dynasty, and the landlords had no motivation.

Purchase - It is obviously more cost-effective to hire tenant farmers who just want to make ends meet than to use expensive machinery.

The most important thing about using machinery for industrialized farming is the legal environment. A farmer cultivates the fields of five people and earns excess profits, but he cannot be jealous and extorted by other powerful men. Without the legal environment established by Li Zhi, the drill and harvester would not be able to operate.

Within a few months, some thugs would come to blackmail you, and some bullies would destroy irrigation canals.

Productivity is important, but without the cooperation of production relations, no matter how good the machine is, it can only be put on the shelf. Li Zhi fought in the south and in the north and killed countless people, all he wanted was to establish a benign production relationship.

Secondly, the products sold publicly by Li Zhi are indeed very high-tech. For example, steam engines require the use of lathes and boring machines for finishing. These lathes and boring machines use bearings that Li Zhi has repeatedly improved, and are industrial machines far beyond this era. Even though

Someone with ulterior motives bought a steam engine and disassembled it to imitate it. Without lathes and boring machines, he couldn't build a steam engine.

According to the processing accuracy of this era, even if Hongmao and Franji bought Li Zhi's steam engine, they would not be able to successfully imitate it.

Therefore, Li Zhi could let various workshops and trawl fishermen use their own steam engines, and let farmers in Liaodong use agricultural machinery without worrying about technology outflow.

Li Zhi watched the three steam engines roaring and operating in the workshop and nodded.

He said to the workshop owner: "Get up and talk!"

The workshop owner stood up, but he still bent over and cupped his hands towards Li Zhi, not daring to stand up straight.

Li Zhi asked: "How much profit do you make from producing one harvester?"

The workshop owner hesitated for two seconds after hearing this, as if he was wondering whether to tell the truth.

Han Jinxin read countless people, and immediately understood the thoughts of the shop owner, and shouted: "Businessman, if the Duke of the country asks you a question, you should answer it honestly. As long as you tell the truth, it will naturally benefit you. If it is deception, turn back.

The Duke will shut down your workshop and make you lose everything."

The shop owner was so frightened by Han Jinxin's words that he raised his hands and replied: "That's right, the commander-in-chief! If you come back to the country, I can make a profit of fifty-three taels by producing one of my imitation harvesters."

Li Zhi's factory only has a profit of 45 taels from producing a machine, but the workshop owner can earn 53 taels. Li Zhi asked in surprise: "How can you make so much? How did you do it?"

The workshop owner looked up at Li Zhi, then lowered his head and said: "Master Guo, our workshop is carefully managed and the materials and operations of each production step are carefully controlled so that no waste is produced. In addition, although Master Guo designed

The harvester is extremely sophisticated, but it still has redundant structures on some parts, and I made improvements. So over time, we use less materials and the cost is lower."

Li Zhi nodded and glanced at the shop owner appreciatively.

At that time, Li Zhi roughly designed the harvester and then went south to conquer Qian Qianyi. Naturally, he had no time to improve the harvester he designed. Unexpectedly, the workshop owner saw it.

Inventions and creations are important, but in order for inventions and creations to benefit society, entrepreneurship is also very important. Advanced technology must be matched with proper management to truly improve social productivity. The first person to invent television is great, but if there is no generation after generation

If companies continue to improve TVs, the TVs will always remain just a few inches in size.

Li Zhi felt that the workshop owner in front of him was a qualified entrepreneur who not only understood technology but also had strong management capabilities.

Rather than letting his second uncle Li Dao continue to manage increasingly larger government-run factories and build an increasingly bloated management organization, Li Zhi prefers to use the patent system to release product production to the private sector. If private talents with management capabilities are allowed to participate

When it comes to industrial production, the efficiency of society as a whole will be higher than that of government-run giant factories.

Li Zhi asked: "What is your name?"

The workshop owner replied: "My father-in-law, I am called Zhang Liang."

Li Zhi smiled and said: "Zhang Liang, from now on you will have to pay me forty taels of patent royalties for each harvester I invented."

The workshop owner thought for a while, nodded and said: "The machine invented by Mr. Guo is willing to be produced for us. Naturally, we have to pay a certain fee. Even if we pay the patent fee of 40 taels to Mr. Guo, we still have a profit of 13 taels."

.”

Li Zhi smiled and said: "The cost of one of your machines is only twenty-seven taels, and the profit of thirteen taels is a huge profit, almost 50% of the huge profit! I suggest you expand production!"

The owner of the workshop, Zhang Liang, looked at Li Zhi and said, "When I return to my country, I also want to buy a few more steam engines and produce dozens more harvesters every month. But I have invested all my property in this workshop. Where can I go?"

Do you still have money to expand production?" After a pause, Zhang Liang said: "Going to the bank for a loan is one way, but my family doesn't have that much real estate. If the land is used as collateral, the bank will not lend me a loan."

Li Zhi nodded and said: "Bank loans are really not possible. Banks only earn the highest interest rate, so they cannot bear the risk of starting a business like yours. I suggest you issue stocks and raise funds from the public."

Zhang Liang was stunned and asked: "What are stocks?"

Li Zhi smiled and said: "It's a long story. I will send someone to explain it to you when the time comes. I will build a stock exchange in the next few days, and you will be the first listed company on my exchange."

####

On May 15th, Li Zhi took Li Huan to the stock exchange that was about to open.

Li Huan was nine years old. Li Zhi gave him a one-and-a-half-year-old pony at the beginning of the year. Li Huan had a mount since then. Li Huan liked the pony very much and quickly learned to ride a horse. He felt that the pony was not majestic enough.

He also asked the housekeeper in charge of the house for a red silk flower to hang on the pony's forehead, which looked just like the groom's horse.

Li Zhi took Li Huan on the road, and passers-by looked at Li Huan, the prince's son, with great joy. The people under Li Zhi's rule were getting richer and richer, but Li Zhi would grow old and die one day. The heir to the prince is good to the people.

With the guarantee of life, many people stood on both sides and bowed to Li Zhi and his son happily.

Riding on the horse, Li Huan suddenly asked: "Dad, what are stocks?"

"Stocks are financing certificates given to the public by workshops or factories with promising development prospects due to lack of funds after raising funds from the public. Such certificates can be traded in the market."

Seeing that Li Huan didn't understand, Li Zhi said, "You know about partnership, right?"

Li Huan quickly nodded and replied: "I know!"

"Stocks are a type of partnership, but there are more people participating in the partnership and a single partner has less capital."

Li Huan suddenly realized and said: "I understand, dad. A listed company is a partnership business. But there are more partners, hundreds or thousands of people may form a partnership, and each person's share of the partnership is certified by stocks. This kind of share of the partnership can be obtained

Go to the market and sell it.”

Li Zhi was stunned. He didn't expect nine-year-old Li Huan to understand the meaning of stocks so quickly.

This son is really smart.


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