When Li Yu and others returned to New York, Morgan had already handled the listing procedures.
Today there is no bell ringing, and there is no Wall Street copper bull. Under the operation of this top Wall Street boss, everything goes as smoothly as a matter of course.
Li Yu is so happy that the future development of the company will inevitably require a large amount of capital investment.
All Morgan wants is to make some money through the stock market, but if the company becomes bigger and stronger, Li Yu will naturally earn more.
Moreover, having such a professional and authoritative person handle the listing will save you a lot of trouble.
Only the radio business segment of Li Yu LY Company is listed, and the name is "LY Radio", which is also "LY Radio".
According to the previous contract, Li Yu has a fixed 75% voting rights on the board of directors, regardless of whether additional shares will be issued in the future.
Voting rights and shares are two different things. You may only hold 10% of the shares, but you have an absolute majority of more than 50% of the voting rights, which means you can control the company.
A typical example is a certain Dong. Brother Dong holds about 13% of the shares, but the voting rights are as high as 76.1%. He still has the final say.
In fact, as long as it exceeds half, you can already make your own decision.
Influenced by Morgan, the initial public offering (IPO) was 1 million shares at $1 per share.
Since the New York Stock Exchange has no daily price limit, it quickly jumped to $5 that day.
There are too few radio stocks on the stock market today, and since Li Yu won the US Navy bid, the market is extremely optimistic about Li Yu's company.
Li Yu currently holds 40% of the shares, which has increased five times in an instant, to an additional US$1.6 million.
Of course, this money cannot be spent casually, it must be used for company construction.
Morgan could see that LY would definitely grow into a big company in the future, and he was in a good mood, so he called Li Yu to celebrate together.
As soon as Li Yu and Tesla entered the room, Morgan opened the champagne: "Congratulations!"
Li Yu picked up a wine glass from the plate brought by his assistant: "Win-win cooperation!"
Morgan said: "The situation is very good. It won't take long to issue additional shares. I estimate that the market value will exceed US$20 million within a few months."
With a market capitalization of over 20 million, it is already in the middle of the pack on the New York Stock Exchange.
Tesla, Fedensen, Zou Zhou, Xie Yuxi and others all hold original shares, and they will all make huge profits by then.
Li Yu's equity will naturally be diluted, but it is enough to maintain absolute control and voting rights.
Anyway, overall you will definitely gain a lot.
I have to say that the power of finance is truly terrifying.
Precisely because of the fear, we had to keep a few more hands, and it really helped to make a contract with Roosevelt in advance.
Li Yu said: "Market value requires the company's excellent performance to maintain it."
"You don't have to worry about performance," Morgan said. "According to what I heard, a large number of shipping companies have already wanted to order wireless facilities. Including my own Atlantic Shipping Company and the newly acquired British Leyland Shipping Company, I want to provide every ship for the company."
The ships are equipped with advanced radio facilities."
Morgan has previously completed mega mergers and acquisitions in the railway and steel industries. The market value of the steel trust alone exceeds US$1 billion, making it the first American giant with a market value exceeding US$1 billion.
The companies controlled by Morgan himself account for almost half of the total market capitalization of the New York Stock Exchange!
After this, Morgan prepared to establish a shipping industry trust. He merged the American Atlantic Shipping Line and the British Leyland Line to establish the International Commercial Shipping Company.
This incident ignited the national self-confidence of the American people.
——Being able to acquire a British company was something worthy of special mention for the United States at this time.
Morgan had forty or fifty ships of various sizes.
Li Yu said: "We just happened to have a new factory area, which can increase production capacity."
Morgan said: "Your production capacity needs to be improved! I am preparing to build a few more super cruise ships. All the top celebrities who can board the ship will be equipped with multiple radio equipment."
Morgan's move was to demonstrate the strength of the new company. He did build three luxury cruise ships, one of which was the famous Titanic.
Unfortunately, the Titanic sank due to natural disasters and man-made disasters, and Morgan's International Commercial Shipping Company went bankrupt two years later.
The railway and steel industries can improve efficiency through monopoly, but this is difficult to achieve in shipping.
Because the sea is not a railway, the degree of freedom is too high. You can go to sea with a ship and there is no control at all.
With the strong support of the Morgan consortium, the construction of the new factory was extremely fast.
In addition, the consortium vigorously promoted it in Pulitzer's "Le Monde", and the number of orders soon exploded.
Tesla and Fedensen have no time to do any research for the time being, so they must first do their best to ensure production.
Fortunately, with the supply of General Electric and Westinghouse Electric, the production process can be greatly reduced.
——
Not only did the wireless business receive good news frequently, but Li Yu's stainless steel patent also sold well.
Many other small steel mills in the United States knew that they could not compete with Morgan, so they opened up stainless steel production lines one after another.
Li Yu still adopts the method of patent licensing fee, which is calculated based on the tonnage of the factory.
A conservative estimate is that the patent fee will exceed US$200,000 in the first year, and will continue to rise thereafter.
Including Europe, I am afraid that the annual stainless steel patent fees will exceed 500,000 US dollars.
But Li Yu was not prepared to just sit back and make money. He bought an average-sized steel mill in Pittsburgh and put Drummond, a Scottish boy, in charge of production.
The purpose, of course, is to attract more Chinese workers.
Because this industry has much lower knowledge requirements, it can recruit many ordinary Chinese workers.
Situ Meitang is very concerned about this matter, because he does not understand overly professional radio or electronic ignition systems, but the steel industry is much easier.
Not many of his people from Hongmen have been able to enter Li Yu's industrial chain, but now they can finally benefit their own people.
——
Li Yu has been very busy recently.
Lu Bicheng is not idle either. Many newspapers have reported on her. Not only Europe, but the United States is also very interested in female authors.
An American female writer approached her.
"Dong dong dong!"
There was a knock on the door of the suite given to Li Yu at the Waldorf Astoria Hotel in New York. The person who opened the door was Konoe Akiyuki. She asked, "Who are you?"
The woman at the door replied: "My name is Kate Chopin, and I'm looking for an Oriental writer named Bicheng."
Lu Bicheng stepped out: "Looking for me?"
Kate said: "Yes, I'm a writer too."
Lu Bicheng said quickly: "Please come in quickly."
Several people made some introductions. Kate was very interested in Oriental people. She first looked at their appearance and said, "It turns out that Oriental people are different from the previous pictures. They are so beautiful."
Then he put down a few books on the table and said, "I didn't like reading science fiction works at first, but after I learned that there were female authors in them, I couldn't help but read them."
There were not many female readers in the field of science fiction in later generations, let alone in the early 20th century.
Lu Bicheng said: "Actually, I can only be regarded as a helper."
Kate said: "Orientals are really humble. Take a look, this is "Awakening" written by me."
Kate was an early American feminist writer, but this book is indeed too wild for today's times, telling the story of a woman's extramarital affair.
Although she wanted to express women's pursuit of freedom and desire, the form and content were really too out-of-the-box and could not be accepted by the times.
It is said that the feminist movement at this time was in its infancy, or a spark.
Of course, the fact that some extreme people in later generations developed into "female boxing" is another story, and it did cause some negative problems.
Even in China, there are many "boxers", but they are still far behind those in Japan, South Korea, Europe and the United States.
Anyway, before Li Yu traveled through time, generally speaking, the most boxers in China were version 1.0; Japan and South Korea were considered 2.0 and 3.0, and Europe and the United States had already reached version 4.0, which is really jaw-dropping.
As the old saying goes, going too far is not enough, and things will turn to their extremes.
However, this situation is always within a controllable range, and it may be over in a few years. There is no need to worry about individual extremists.
The normal course of events is that at least at the beginning of the twentieth century, the status of women was really worrying.
Lu Bicheng flipped through the book "Awakening" in front of her, and her face turned red as she read it, because the heroine in the book was so bold.
She has two children, her husband treats her very well, her family is very rich, and she lives in a villa. But because her husband is busy and has no time to spend with her, the heroine begins to seek more emotional expression...that is, extramarital affairs.
More or less that.
Not only does Lu Bicheng think so, but the current critics also look down upon this behavior of abandoning his wife and children.
Lu Bicheng said awkwardly: "I, I don't know much about the American way of life."
Kate said: "It's the same for women all over the world."
Lu Bicheng is a cosmopolitan, so he agrees with this sentence: "But if the behavior in the book happened in China, it would..."
It was Konoe Akiyuki who said directly: "This will get you in trouble!"
Kate opened her mouth: "That's not fair."
Konoe Akiyuki added: "Both men and women will be punished."
Kate frowned: "That's too harsh. Don't you think women should pursue their true emotions?"
Lu Bicheng said: "Of course you should pursue it, but I think if you have entered into a marriage relationship, at least you should not betray it."
Kate said: "What if it's an unwilling marriage?"
"I, I don't know, because I won't accept it. But once I accept it, I won't regret it," Lu Bicheng said.
"What do you think?" Kate asked Konoe Akiyuki again.
Konoe Akiyuki immediately replied: "Me too."
Kate sighed: "It seems you still need to study, so this book is for you."
Lu Bicheng took the book: "I will read it carefully."
Kate said: "You really need to read it carefully, because I spent a lot of space describing my mental journey. Maybe you will be able to understand it by then."
Lu Bicheng and Konoe Aixue looked at each other and could only look at each other before talking.
——
This time I stayed in the United States for a long time because it involved a lot of industrial matters.
Only after the factory got on track and two batches of products rolled off the production line did Li Yu feel relieved.
Fortunately, here in the United States, Zou Zhou, Situ Meitang, Tesla, and Fedensen can stand up as the mainstay.
It's just that Li Yu took away more than thirty people at once, and the remaining people had to be busy before the new employees came in.
After two batches of radio equipment were sold to major shipping companies, there were still eight units left, which Li Yu happened to bring back to the country.
It’s time to go back to China because the Chinese New Year is approaching.
Situ Meitang saw him off in person, and Li Yu gave him a set of radio equipment to facilitate contact in the future.
Situ Meitang said: "I don't need to say too much. The ancients said, don't worry about having no friends in the future. No one in the world will know you. It can be applied to you."
Li Yu smiled and said: "I will come back."
There was a huge crowd of people returning home, and Li Yu bought boat tickets for them all.
At least it's second class. Although it's cheaper than the return ticket from Europe to Shanghai, it's still as high as 30 US dollars per ticket.
The first-class ticket for Li Yu and others is US$75.
First and second class cabins belong to the upper class.
The lowest third-class cabin, which is the bottom cabin, costs US$5. This level is much cheaper and the conditions are much worse, because the bottom of the cabin is usually also a cargo hold and is close to the power unit, which is very noisy.
But $5 is still a considerable amount for ordinary people.
As the Chinese Spring Festival is approaching, many people still have to return to their home country after traveling thousands of miles due to the domestic custom of relocation.
Of course, there are some Japanese too.
Most of the more than 30 Chinese workers brought back by Li Yu are second- or third-generation Chinese who have never taken an ocean ferry. They feel very good now that they can return to China.
The country is broken by mountains and rivers.
Besides, they knew they would not suffer any loss if they followed Li Yu.
The ship will still dock in Tokyo, Japan, and then sail to Tianjin Tanggu Port, Shanghai Port and Guangzhou Port in sequence.
This morning, Li Yu, Lu Bicheng and others had breakfast together in the restaurant.
Since it is an American Steamship Company ship, the food provided is still Western food, including milk, bread and fried eggs.
Fortunately, Chinese people don’t pay too much attention to breakfast, and they can accept whatever they eat.
While we were eating, a young man suddenly broke into the restaurant and shouted: "I'm sorry, can someone help me?"
His clothes were shabby, and he looked like he had come from a lower-class cabin.
Several security guards rushed out quickly and stopped him: "Don't you understand the rules? People in the lower cabins are not allowed to enter the upper deck!"
The young man said helplessly: "My sister is sick. She is in pain. Is there a doctor?"
The security guard didn't care what he said and dragged him out.
Li Yu said to Lu Bicheng: "The accent sounds like Chinese. We must have bought a lot of medicine when we boarded the ship, right?"
Lu Bicheng nodded: "They are all in the medicine box."
Li Yu took a hasty bite and said, "Let's go see if we can help."
Li Yu and Lu Bicheng followed the security guards to the deck.
The security guard threw the young man into the passage, and then said: "Next time you let us see you entering a first-class cabin, be careful as we will throw you into the sea!"
After the security guard left, Li Yu opened the passage, walked down a few steps, and saw the young man at the corner.
The young man thought they were driving him away and hurriedly ran down. Li Yu called out to him: "Wait a minute, we want to help you."
The young man stopped and asked, "Are you a doctor?"
Li Yu picked up the medicine box: "No, but we have medicine."
The young man said happily: "Great, I know there are good people!"
The cabin on the bottom floor is indeed cramped. Unlike the first and second class cabins which are basically independent private rooms, the bottom floor is completely a large bunk bed, but it is differentiated according to the compartment structure at the bottom of the hull.
There are many bunk beds densely lined up, and there is only a passage for people to pass through. It can be said that most of the people on the ship are on the bottom floor.
But when they came to the patient, they were completely stunned: she was actually a pregnant woman! But she was not about to give birth, but was in the third trimester of pregnancy, which was at least seven months old.
The pregnant woman was in great pain and kept screaming. Her head was covered with sweat.
Li Yu was stunned for a long time and asked Lu Bicheng next to him: "Do you know about obstetrics and gynecology?"
Lu Bicheng said awkwardly: "How could I possibly understand!"
Li Yu looked through the medicine box and found that aspirin, which can relieve pain, seemed to be useful, but pregnant women were obviously very particular about their medication, so he did not dare to give it to her rashly.
When he was at a loss, a middle-aged man walked into the cabin: "Let me come, I'm a doctor."