Xu Ru stayed on Hong Kong Island for two nights and then went back, while Zheng Wentong, Meng Qian, and Zhao Hailong stayed, and he wanted to set up a family office on Hong Kong Island and allocate personal assets.

He needed to recruit lawyers, finance, audit and tax and investment talents, and the leader of the investment team was recommended by Zhong Lifang, a top student at the Wharton School of the University of Pennsylvania, Lin Feng.

Zhong Lifang and he have known each other for more than ten years, and in the first two years he was a partner of Goldman Sachs Group's Hong Kong Island branch.

Lin Feng resigned before being promoted to senior partner, and began to travel the world, going to Antarctica, climbing Mount Everest, and driving a sailboat across the ocean, loving fitness and rock climbing.

Zheng Wentong is also a little envious of Lin Feng's rich and colorful life experience, financial freedom can enjoy life, and he does not have to think about retirement before the age of 35, because the working life of the code farmers will not live to be 35 years old.

Lin Feng agrees with Zheng Wentong's practice of segregating company and personal assets, even if it is a sole proprietorship, you can't just take the company's money to your personal account.

Cheng Wentong injected $30 million into the family office, meeting the threshold for setting up a family office on Hong Kong Island.

The funds are divided into two parts, one part buys Bitcoin and Ethereum, and Zheng Wentong takes care of it himself.

The other part was handed over to Lin Feng, who could buy stocks and bonds, and in terms of stocks, Zheng Wentong suggested that Lin Feng could buy more stocks of Geely Automobile and Country Garden.

Zheng Wentong also made a will under the witness of the lawyer, distributed his personal property, and if the individual dies due to illness or accident, all the shares of Slope Capital will be transferred to the Zheng family trust.

The heirs he appoints can receive a fixed monthly living allowance from the family trust, just like Hui Jinheng and Li Jiaxin.

Whether it is their parents or Bai Xiaolu, they do not have the ability to run a large investment company, so it is better to hand over the management of the company to a third-party professional team, so that they can live a worry-free life in advance.

Zheng Wentong's lawyer was surprised, because it was rare for such a young rich man to make a will in advance.

The reason why Zheng Wentong had this idea was also inspired by the sudden death of Li Ming, the founder of Pony Galloping.

If Li Ming had made a will and disposed of the equity held by Li Li and Li Ping's sisters, no matter whether Zhong Lifang took over or Jin Yan took the position, there would not have been a tragic ending of the pony galloping and leaving others behind.

Zheng Wentong also left the last dignity for Li Ming's family, and let Jin Yan retain the honorary chairman and hold 1% of the equity, which is enough for their mother and daughter to have no worries about food and clothing for the rest of their lives.

Before he was reborn, Jin Yan was burdened with more than 200 million debts, and he had been busy fighting lawsuits, carrying huge debts, and he was overwhelmed, and the current situation was already the best result.

Zheng Wentong is ready to transfer the 15% equity of miHoYo Technology held by Slope Capital to his personal family office, and in a few years, this part of the equity will be worth two or three hundred billion.

At present, there are two shareholders of Slope Capital, Zheng Wentong personally holds 80%, and the Dutch Slope Foundation holds 20%, and the actual controller of the latter is also him.

miHoYo Technology is currently valued at about 1 billion, and 15% of the equity is 150 million.

The Slope Foundation holds 20% of the equity of Slope Capital, which means that the equity held by the Foundation is worth 30 million RMB.

Zheng Wentong personally paid 35 million yuan to the Slope Foundation, and with the understanding and consent of the foundation, he could transfer all 15% of the equity of miHoYo Technology to Zheng Wentong's family office.

Slope Capital paid a dividend of 300 million yuan in the third quarter, Zheng Wentong received 204 million as a major shareholder, and Slope Foundation received 60 million.

In this way, with his left hand freeing up his right hand, Zheng Wentong's source of funds for the establishment of the Slope Public Welfare Foundation in Jiangchu City has become a donation of 90 million yuan from the Dutch Slope Foundation, and Zheng Wentong's personal donation of 9.99 million.

The Slope Foundation became the Chinese branch of the Dutch Slope Foundation.

However, the chairman, vice president, supervisor, director and secretary-general of the foundation must be Chinese citizens.

This has many advantages: First, Zheng Wentong's capital contribution has decreased, but it does not prevent him from managing the Slope Public Welfare Foundation.

Second, with a foreign investment background, Zheng Wentong can confidently refuse some unreasonable demands and send away some ghosts, snakes, and gods.

Third, he can continue to transfer the dividend income of Slope Capital to the Dutch Slope Foundation, and then complete overseas investments or continue to make charitable donations through the foundation.

After the official establishment of the Slope Public Welfare Foundation, Zheng Wentong will operate one of his close relatives to become Dutch nationality.

As an agent, she helps to take care of the Dutch Slope Foundation, it doesn't matter if she doesn't know a foreign language, Zheng Wentong will hire a professional team to help.

The reason why Zheng Wentong set up a family office on Hong Kong Island is not only to help him take care of his personal assets, but also to prepare for the listing of Pony Galloping on the Hong Kong Stock Exchange in advance.

In the past few days, he has been in contact with many executives of Goldman Sachs, Merrill Lynch and Deutsche Bank.

Among them, Cheng Wei, vice president of Deutsche Bank Asia Pacific, is more interested in Zheng Wentong's re-operation pony galloping listing plan on the Hong Kong Stock Exchange.

"In fact, many financial institutions on Hong Kong Island have heard of Mr. Zheng's name, and he was able to control a large-scale film company in the mainland at a young age, and he was also very skilled in capital operation, and Mr. Zheng himself was also very good at marketing."

"Speaking of which, Mr. Zheng is still an old customer of our Deutsche Bank, if it weren't for Mr. Xiong's introduction, we wouldn't know that Mr. Zheng actually holds high-quality shares in a number of Internet companies under his name."

Cheng Wei was also surprised that Zheng Wentong had pledged the equity of Himalaya and Station B held by Slope Capital to Deutsche Bank, with a total loan of 65 million, and these two loans had been settled in advance at the end of June, indicating that Zheng Wentong's company had indeed made a lot of money in the stock market.

In mid-July, Slope Capital successfully became the owner of Yanjing Pony Galloping Culture Media Co., Ltd., investing 300 million yuan to support Ning Hao and Zhang Yibai to shoot two movies, and also produce two variety shows.

The movie "Charlotte's Troubles" produced by Pony Gallop will be released this month, and Pony Gallop's parent company, Slope Capital, holds most of the sci-fi rights of Hugo Award winner Liu Cixin, who also participated in the screenwriting of "Crazy Alien".

This series of combinations has brought Pony Galloping, a company on the verge of bankruptcy, back to life, and its valuation has risen from 1.2 billion a year ago to 3.2 billion at present.

He first had to observe the box office situation of "Charlotte's Troubles", because Pony Galloping had acquired 100% of Junshe Culture Media Co., Ltd. into a subsidiary.

If "Charlotte's Troubles" is a box office hit, with a box office of more than 800 million, then the 2015 financial report of Pony Galloping, who participated in the production and distribution work, can achieve book profitability.

This result has the symbolic significance of a weather vane, and it is also a great benefit to the Pony Gallop restart listing plan.

The listing process of a company cannot be completed in a few days or a month or two, and Zheng Wentong only builds a good relationship with financial institutions in advance.

Pony Gallop is preparing to list on the main board of the Hong Kong Stock Exchange, mainly to raise funds for larger, better-established companies with a track record of profitability.

Therefore, whether Pony Gallop can achieve 2015 annual book profit is crucial.

The Hong Kong Stock Exchange requires that the total profit in the first three years before listing be greater than HK$50 million, and the most recent year needs to reach HK$20 million.

If the market value of the company's listed issue exceeds HK$4 billion, the public float cannot be less than 10%, and the company must be listed with at least 100 shareholders.

The three-year track record period must be operated under substantially the same management and ownership.

Information disclosure: financial reports for two times a year.

Underwriting arrangement: The public offer for subscription must be fully underwritten.

Cheng Wei recalled that Slope Capital held an investor meeting at the end of May, and issued Slope No. 1 Private Equity Fund to raise 500 million yuan for the acquisition of 15% of CCB International's equity, which was definitely a genius idea.

These investors who buy Slope One Private Equity Fund will automatically become individual shareholders of Pony Galloping, with more than 100 shareholders and a maximum shareholding ratio of just over 10%.

The management of Pony Galloping is still the original Pony Galloping employee headed by Zhong Lifang, and Zheng Wentong only serves as the executive director of the company and does not participate in the actual operation.

At present, the market value of Pony Galloping is 3.2 billion, as long as the two movies "Crazy Alien" and "Passing by Your World" invested by Pony Galloping are big box office hits, Pony Gallop can achieve a total profit of more than 50 million Hong Kong dollars in the first three years, and a profit of more than 20 million Hong Kong dollars in the last year, and the market value of the company will definitely be greater than 4 billion Hong Kong dollars when it is listed.

The crux of all the questions now is whether these two films can be profitable, which is also the focus of his attention.

The cost of listing on the Hong Kong Stock Exchange includes intermediary fees paid to sponsors, legal advisers, accounting firms, etc., and enterprises need to use 5% to 30% of the raised funds as the issuance cost, of which the standard underwriting fee is 1.5% to 4.0% of the raised funds.

For example, if Pony Gallop is listed on the main board of the Hong Kong Stock Exchange in January 2017, the issue market value is 5 billion, and the funds raised are 500 million.

This is a medium-sized IPO, the issuance cost is about 50 million Hong Kong dollars, and the underwriting fee is between 10 million Hong Kong dollars and 15 million Hong Kong dollars, and the total cost is less than 70 million Hong Kong dollars.

Before going public, it is best to find cornerstone investors and subscribe for major shares in advance, which is conducive to enhancing the confidence of other financial investors.

In this way, it is also tried to avoid the breakage of the pony galloping after listing, and the Hong Kong Stock Exchange has no limit on the price limit, and it is a T+0 system, which can be sold on the same day if you buy on the same day, which is more convenient for shorting.

"When the movie "Passing by Your World" is released, I will definitely go to Yanjing to visit Pony Galloping, and I also hope to have more in-depth cooperation with Mr. Zheng."