This was also due to Yang Rui's previous policy of encouraging merchants. Due to the support of various local governments, Yang Rui's three provinces had gradually become centers for merchants with Linzi, Chen Liu, Puyang and Pingyuan as the centers.
As a result, after Yang Rui introduced the merchant ranking and rating system, there was an endless stream of merchants signing up. This was because Yang Rui's system had always been consistent and had always brought many benefits to the merchants.
Moreover, in order to promote the establishment of the merchant alliance, Yang Rui did not charge any fees for the merchant ranking and rating system. The merchants only needed to provide proof of working capital.
Some small businessmen who were really tight on money could even borrow money temporarily to register and grade their goods. After the registration and grade were completed, they would immediately return the money borrowed without any losses in the process.
Since the merchants trusted Yang Rui, they were naturally very enthusiastic about participating. However, the various feudal lords did not seem to be very enthusiastic about Yang Rui's measures. On the first day, only Gongsun Zan and Yuan Shu sent people to Linzi City. The other feudal lords did not do anything.
Yang Rui's main goal in promoting the merchant alliance was to strategically connect with the feudal lords. If the other feudal lords did not respond, the desired effect would not be achieved.
As a result, on the second day, Yang Rui directly sent messengers to the various feudal lords. From today onwards, all transactions between Qingzhou, Yanzhou and Xuzhou would be conducted through the merchant alliance.
This move was immediately effective. Sun Jian, Ma Teng, Liu Dan and the other feudal lords that had business relationships with Yang Rui immediately sent people to follow the messengers and use the transportation formation to complete the ranking and rating.
This included Liu Bei, Liu Biao, Liu Zhang, Han Sui, Liu Yao and the other feudal lords that had a normal relationship with Yang Rui. They also sent people to complete the registration and rating. Only Cao Cao, Yuan Shao, Lu Bu and the other feudal lords that had hostile relations with Yang Rui, as well as a few other powers that were relatively far away did not respond.
However, it was hard to guarantee that these powers would not secretly send people to do the registration and rating. After all, on the surface, Yang Rui might restrict their transactions.
Ever since Yang Rui made the announcement, over the course of three days, the number of merchants that were ranked and ranked had already exceeded eight hundred. Although most of them were still very small and ranked very low, the general scale of the merchant alliance was starting to take shape.
Even when the third day was nearing the end of the third day, one of Yang Rui's' old friends' had sent someone to register and rate. This person was Zhang Rang.
Although Zhang Rang did not personally come to Linzi City, Yang Rui still regarded his messenger highly.
After receiving the relevant information from Wei Xiu'er, Yang Rui gave Zhang Rang's messenger an A Rank 1 merchant rating. He also had Wei Xiu'er inform him of the fact that he had the highest trading authority, treating him as a friendly feudal lord. Naturally, the other party was very satisfied.
Speaking of which, although Zhang Rang was not a good person, Yang Rui's rise was mostly related to him.
Currently, the other party's personal attendants were living in seclusion on an island in the open sea. They were enjoying themselves and did not care about the affairs of the world. Yang Rui did not mind giving them a high trading level.
Moreover, Zhang Rang and the others had been in power for a long time. There was no need to mention the wealth that they had accumulated. In a purely business situation, Yang Rui naturally would not reject them.
Other than that, there were also large player organizations. Even though Dragon Soul and the other players' highest official position was only a county magistrate, they did not take out much money. However, Yang Rui also gave them the same treatment as feudal lords.
Yang Rui gave the players the same rating as Zhang Rang. They were also A Rank 1, which was extremely high.
At this moment, even though Dragon Soul and Burning Snow were both participating in the Japan War, Yang Rui had already regarded the large player organizations as temporary allies.
The two sides had always cooperated, especially when dealing with Cao Cao and the other feudal lords. Yang Rui and the large player organizations had always been on the same side, giving them a lot of help and confidence. They had also used the other side to contain part of Cao Cao's strength.
The same was true for the Broken Moon Alliance. They received special treatment from Yang Rui and were given a B Rank 1 rating.
The Broken Moon Alliance and Yang Rui had shared the blueprints for the Dagger-Axe Ship, the Medium Transport Ship, the Bi 'an, and the Warship. In fact, just the special items alone were enough to give them a very high rating.
After cooperating for so long, Yang Rui regarded the Broken Moon Alliance as a Rank 1 organization that could be cooperated with at the same level.
The registration and rating of the merchants had made a good start. The only thing that made Yang Rui feel slightly regretful was that there were almost no merchants like the Broken Moon Alliance that could take out special resources, items, and technology.
He did not know if it was because the merchant alliance was still in its infancy and everyone was deliberately hiding their abilities, or if it was because such factions were truly rare.
After the registration and rating of the merchants ended, Yang Rui opened up the exchange of East Sea coins so that the merchants could officially participate in the merchant alliance's first internal trade fair.
What surprised Yang Rui was that when the exchange of the East Sea currency was officially opened, there was a stage of aggregation auction for the exchange rate. Just like in real world financing market transactions, there was also a limit of 50% to the upper limit and lower limit.
Within a few minutes of the collective auction for the exchange of East Sea coins, Yang Rui had already covered his costs. The exchange rate quickly rose to 1.625: 1!
In other words, 1.625 gold coins could be exchanged for 1 East Sea gold coin, making up for 5% of Yang Rui's transaction fee.
Moreover, the exchange rate was still slowly rising. However, before the value of East Sea coins was fully realized, there was still a limit to how much the exchange rate could increase.
After the 15 minute collective auction ended, the exchange rate for East Sea coins was fixed at 1.722: 1. The premium was basically only enough to cover the transaction fee, so there was not much left.
Even so, Yang Rui saw the potential of the East Sea coins' appreciation. At the same time, he also had a deeper understanding of the food and other resources that he had, as well as the attractiveness of various items.
The exchange of East Sea coins was carried out in order. Originally, Yang Rui thought that the exchange rate would come to an end after he had placed the 100,000 East Sea coins in order. He did not expect that the exchange rate that had been fixed through the collective auction would start to fluctuate again.
Although this fluctuation was more subtle than during the auction, it was almost at the level of copper coins. However, as the exchange continued, the fluctuation of the exchange rate slowly appeared.
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