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Chapter 638 Avoiding Asset Risks (Part 2)(2/2)

All in all, this is the reason why Fang Nian clearly stated that he would not raise funds, but was so active in cooperating with local investment in Luzhou.

Don't have too many benefits.

Of course there are disadvantages, and they are almost explicit disadvantages.

All nodes should be completed before July this year.

Returning to the cutting-edge integrated companies in Shanghai, Fang Nian has no plans to apply for tax policy preferences.

There are many factors in this.

Anyway, according to the current development situation, it will take a long time for Frontier companies to generate profits, but they can contribute at least several hundred million in tax revenue every year, and they are also large taxpayers.

After all, just by accepting the first batch of RMB 500 million from the nuclear high-tech project and the planned second batch of RMB 1 billion, Frontier will have to invest a corresponding proportion of funds in the Nuwa Laboratory.

This 1.5 billion fund can be said to have almost no conditions. It will be used up when it is used up. There is no need to pay back, tax or anything...

Fang Nian was silent for a while before speaking: "Frontier companies don't need to be fast, Mr. Wen needs to operate steadily."

"Understood." Wen Ye responded quickly.

Fang Nian added: "Everything is going pretty well. Keep up the good work."

Then he looked at Liu Xi: "Liu Xi, if you allocate 500 million to cutting-edge academics, how long can it last?"

Liu Xi quickly answered: "The progress of cutting-edge academic projects has almost come to a standstill since mid-January. According to model calculations, it can last until July."

Hearing this, Fang Nian looked at Lu Weiyu: "Mr. Lu, there is so much money in Frontier's account and it needs to be spent quickly. The cash flow of both laboratories is very abundant, so there is no need to worry, so..."

"You choose one of Yangcheng or Chang'an first and go to the local area to set up a new laboratory. Starting from me, you will fully cooperate."

Facing Fang Nian's gaze, Lu Weiyu nodded: "I will submit a plan next Monday. I have just returned to work recently and there are some things that need time to deal with."

"OK."

The first work of the new year after the beginning of the new year, a series of affairs were decided.

Fang Nian also decided to go to Frontier Company for an informal inspection on Women’s Day on the 8th, which was of course a visit.

Just as usual, all women will have a half-day off that day and will also receive a gift.

…………

…………

Before three o'clock, Fang Nian drove his Audi and arrived near Mingzhu Primary School.

Fang Xin was quickly received.

"Fang Xin, can you keep up with the progress?"

"I can keep up. They only had classes six days in advance. The teacher arranged for classmates to give me tutoring in my spare time."

"Is your English a little bad?"

"Um."

"Your mother is back home. She won't be here until the day after tomorrow at least, you know?"

"Know."

"Is there a lot of homework today?"

"Not much."

"Then I won't go home now and will take you to your sister Qiu He's place to eat."

"OK."

"..."

There is no child seat in the Audi car. Fang Xin is the height of a normal girl and does not need this anymore.

She just celebrated her 10th birthday and is currently 135cm.

It's not bad, it may not be too high in the future.

According to current standards, at the age of 16, when most girls stop growing, they can reach around 160 to 165 centimeters.

But maybe it can grow to a height of 1.7 meters.

For now, among the girls who are familiar with Fang Nian, the tallest one is Lu Weiyu, who is 169 centimeters, almost perfect...

Mingzhu Primary School is not far from the financial district of Lujiazui, and it didn't take long to reach the downstairs of Universal Plaza.

Fang Nian took Fang Xin in the elevator to the Park Hyatt lobby.

Guan Qiuhe also just arrived.

Fang Xin greeted obediently: "Hello, sister Qiu He."

"Is it hard for Xiao Xin to go to school?" Guan Qiuhe touched Fang Xin's hair, "Do you want to eat cake?"

"..."

After a while, the waiter brought cakes and two cups of coffee.

Picking up the coffee cup, Guan Qiuhe calmly asked: "Why are you here all the time today?"

"There is something I want to discuss with you." Fang Nian said calmly.

"..."

Without going around in circles, Fang Nian said directly: "I want to hand over part of Dangkang's shares to the family trust for management."

"Oh?" Guan Qiuhe raised an eyebrow, "Why do you suddenly have such an idea?"

Fang Nian explained calmly: “I received a call from Lei Jun today about financing, and then I remembered that Dangkang Games was already preparing to go public;

In order to avoid certain risks and capital inheritance attributes, it is a routine operation to hand over part of the shares to offshore family trust funds for management."

At this point, Fang Nian paused briefly and looked at Guan Qiuhe: "Of course, I also have other purposes. For example, the beneficiaries will be my and Lu Weiyu's immediate family members."

"I also suggest you consider this matter."

After listening to Fang Nian's words, Guan Qiuhe fell silent.

After a while, Guan Qiuhe said quietly: "You should know that my house is still a mess, basically..."

"From my perspective, I think you may be a little bit over the top." Fang Nian said calmly, "Blood ties are difficult to break."

"Some family atmospheres can indeed be uncomfortable, but in fact your loneliness is not just because of the family atmosphere."

"Man is born alone and will not be changed by anything external."

"Even if your parents want to divorce, it doesn't affect you leaving a capital for them to settle down. Just let the elders worry about their own affairs."

After listening to Fang Nian's words, Guan Qiuhe sighed: "I understand what you mean."

"Let's go on, I will consider your suggestion carefully."

Fang Nian smiled: "As for the specific matter of family trust, it doesn't matter whether you consider it or not."

"From the perspective of risk aversion, this must be done sooner or later. The trust beneficiary is completely controlled by the trustor. You can understand it."

Guan Qiuhe hummed: "I've probably heard of it."

"What do you want to do?"

"10% offshore, 10% domestic. In the end, I will only hold 2%, and the remaining 10% will be slowly diluted in financing and cashed out in the listing."

"Reserve so little?"

"It's not that small. Don't you know why I set the launch date of Dangkang Games in 13 years?"

"Tsk, I really don't know how big an IPO you will get."

"..."

Finally, Guan Qiuhe also decided: "Then I will hand over 15% of the shares to offshore and domestic family trust institutions."

Fang Nian smiled and said, "This matter can't be done in a day or two, so don't be in a hurry."

"..."

Finally, we talk about personal assets.

Fang Nian smacked his lips and said casually: "I still have more than 900 million in my account. I originally wanted to set up a pure money trust with a scale of 500 million, and planned to let the trust institution invest the money in Frontier according to my wishes;

Just use the left hand and the right hand, and it doesn't count as a loan, and you can get a higher return."

"You're not beating around the bush here, Frontier doesn't plan to raise money or go public." Guan Qiuhe said with a smile.

Fang Nian shrugged: "Indeed, the possibility of making a profit in the past few years is very small. The main frontier has 1.7 billion cash assets on its books and does not need funds for the time being."

Then Fang Nian added: "Actually, I just value the bankruptcy isolation mechanism of the trust. You know, I always prepare some escape routes."

"Then what do you think now?" Guan Qiuhe asked curiously.

Fang Nian smiled slightly: "Secret."

-

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Chapter completed!
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