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Chapter 163 Mr. Senator

Luo Yin released a total of 150,000 stocks and divided them into three batches.

In the first batch of 5 yuan per share, he made 250,000 yuan. In the second batch of 11 yuan per share, he made 590,000 yuan. In the third batch of 17 yuan, he made 860,000 yuan.

In other words, I made a total of 1.7 million in cash in the past few days!

Luo Yin put the money into the Bauhinia Bank. He previously put 2 million in the bank for backup. In addition, his personal deposits and company deposits were also transferred to the Bauhinia Bank. Now Luo Yin has a total of more than 6 million cash in the Bauhinia Bank.

This amount of money is definitely not much for the bank, but it mainly exchanges currency business and is limited to the daily limit, so that's almost enough.

Outsiders naturally don’t know how much cash Luo Yin has, but everyone already knows about the distribution of shares of Jumian Company.

After all, it is also a listed company that has issued stocks. Some shareholders and operating conditions must be disclosed, otherwise it will be detrimental to the stability and increase of stock prices.

Jumian Company now has only four major shareholders holding more than 3% of the shares.

They hold 67% of the tulip gum industry, 10% of the Earl of Charlie's House, 5% of the Plain and 3% of Henry. Others who bought the shares of Giant Cotton Company have a maximum shareholding of no more than 1%, and are not considered major shareholders.

By the way, when it was announced, Henry's name surprised some people in the commercial bank.

Everyone knows that the Tulip Gum Industry is a wholly-owned company controlled by Luo Yin, so it can be acknowledged that this is Luo Yin’s net worth. 67% of the shares are 670,000 shares. At the current price of about 18 yuan per share, this is 12.06 million!

To be honest, this is the first time that many citizens in Qiongbi City have had a specific concept of rich people.

I used to hear that XX is very rich and how much money XX is, but XX will not prove it. After all, everyone knows the truth that wealth is not exposed.

Now, part of Luo Yin's value is placed in front of everyone through stocks, which makes people see intuitively!

More than ten million! This is a number that many people dare not even think about!

Not only ordinary people envy them, but also those businessmen and powerful people. They are already trying to find ways to contact Luo Yin to see if they can also list their companies on the exchange and get rich overnight. How many people's dreams are there.

Then there is 10% of the Earl Charles's house, which is the Countess's property, everyone knows. But even if you know, you are really envious. After all, this is a stock worth 1.8 million! Even Countess Charles should be very excited, right?

Chairman Puran has 5% of the shares, a total of 50,000 shares, worth 900,000! In addition to some of Puran’s deposits, industries, etc., it can be said that he has officially joined the Million Club from now on.

As for Henry, the vice president of the commercial bank with the least shares, although he only has 3% of the shares, it is worth more than 500,000 yuan.

In just a few days, the shareholders of Jumian Company, except for the Countess who had unknown wealth, all the other three had skyrocketed!

This is simply the wealth myth of Qiongbi City!

For a time, it seemed that the legend of these shareholders was circulating throughout Qiongbi City, and all kinds of versions were available, such as borrowing money to invest in companies, and so on. It sounded very inspiring.

Luo Yin ignored the rumors from the outside world.

He was preparing to take office at this time.

May 15.

Nine new city councillors in Qiongbi City took office.

The inauguration ceremony was held in the city hall and it was not grand at all. It was a bit different from what Luo Yin thought.

Bert told him that the reform has not been completed yet, and many taxes in the city hall have been confiscated, and there is not much money, so I have to save some money. And from time to time, I hinted Luo Yin whether there is a way to make the city hall make more money.

After all, Luo Yin is now a man worth 10 million yuan. He is the most profitable and richest in the Qiongbi City City Hall system. If you don’t look for anyone you want to find.

Luo Yin was speechless. He had not started to pull out the wool in the city hall, but the mayor wanted to pull out his wool.

But no matter what, he is now a glorious city councilman and has his own responsibilities. It is also reasonable to find ways to improve the city hall's fiscal revenue, improve the living standards of residents, and earn a little more hard work and other expenses by the way.

The neither gorgeous nor long term ceremony was completed soon, and Luo Yin also briefly met the other eight newly promoted city councillors and 17 other old councillors.

Among them, the oldest is Speaker Duncan, an 80-year-old orc with white hair, but he is burly and strong, and in excellent spirit. Luo Yin feels that he can live for another 80 years.

The others are not young, including the other eight members of the parliament. The youngest seems to be in their thirties, basically in their forties, fifties and sixties, both men and women, and most of them are orcs.

Luo Yin, a human who is less than nineteen years old, is somewhat inconsistent with him.

But no one will look down on Luo Yin. Not to mention anything else, Luo Yin's wealth alone is enough for them to look up to, and Luo Yin's own ability has been recognized by everyone.

After some politeness, Luo Yin came to his office.

The city hall building is a five-story building. The offices of important figures such as councillors and mayors are all on the fifth floor.

The office is bigger than Luo Yin imagined. It is a suite design. After entering the door, there is a small living room and several desks. Luo Yin's office area is in the innermost area, with a wall blocking it.

This is for secretary outside, and each member of parliament can recruit private secretaries, no more than four.

The secretary does not belong to the civil servants in Qiongbi City and does not enjoy various welfare systems for civil servants. However, the congressman can apply for subsidies and certain benefits to the secretary.

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Many people dare not think about being a member of parliament, but being a secretary of parliament is what many people want. Especially now, there are nine new members and many additional secretary positions, and many people are watching it.

The small office inside looks pretty good, even though the sparrow is small, it is full of all organs.

"His Excellency Mr. Luo Yin..."

The mayor's secretary found Luo Yin and told him some benefits after becoming a member of parliament.

The city councillor's basic salary is 1,000 yuan per month, and the basic subsidy is 500 yuan, which is about 1,500 yuan in total.

However, so far, there are no members who earn 1,500 yuan a month, because MPs can apply for various projects and subsidies, and basically the legal salary of each member is about 5,000 to 10,000 yuan.

Then there is the issue of confidentiality of personal information.

After becoming a member of parliament, Luo Yin's personal information will be sealed and kept confidential. Except for a few limited departments in the kingdom, others do not have the right to view Luo Yin's personal information, including various industrial funds.
Chapter completed!
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