Chapter 561: Hidden Profit and Fame
Li Yueshi returned to Fushan, and after meeting with Wang Weidong here to report, she was going back to Hong Kong Island for the New Year.
For a whole year this year, the stock market in the mainland has been very tenacious and hot, and has been rising since the beginning of the year, and the state has repeatedly introduced policies since July and August, and has made harsh words in the propaganda media to suppress it, but both the Shanghai Composite Index and the Shenzhen Component Index have only made a pullback in just a few days after the policy was introduced, and then they will turn around and continue to rise.
It has continued to rise so far, which was absolutely not the case before.
In the face of the will of the state, the power of capital began to be disobedient.
But the more this happens, the more the state will make a heavy hand to make the stock market correct and return.
"Miss Li, don't take it lightly! Several of our directors have judged that the stock market will definitely fall sharply in a few months, so you should be prepared for the Shanghai stock market and not be caught off guard when the time comes. Wang Weidong said.
"Boss, could this be your delusion? The state has already made three moves, but the stock market is still rising, which shows that the stock market cannot be suppressed. Li Yueshi said.
"Miss Li, don't take it lightly! You should know that there are many people in our board of directors who know the top level, and the country will never stop! Wang Weidong said.
"Boss, I've always had a piece of advice to tell you. I think the current shareholding structure of Xiangyang Electronics is unreasonable, the four major shareholders directly hold the shares of Xiangyang Electronics, if the company has a major change in operation, it will directly affect the interests of your four major shareholders, which is not good. Li Yueshi said.
"What do you think should be done?" Wang Weidong asked.
"I think the four bosses are doing a good job now, not mixing personal assets with corporate assets, but they should still set up a firewall company, and this company will control the entire Xiangyang Electronics on behalf of your four shareholders, and you yourself should not directly invest in this firewall company, you and your most trusted relatives will set up a family company, and invest in this firewall company in the name of the entire company. In this way, the risk can be avoided, and the income obtained from the company in the future will go directly to the family company instead of the individual, and there is no need to pay personal income tax, which can save millions of yuan every year. Li Yueshi said.
Li Yueshi's advice was widely practiced abroad, and private entrepreneurs in China began to adopt this method.
Many people set up dozens or even hundreds of companies, which makes the shareholding structure very complicated.
"My most trusted family member is naturally my wife." Wang Weidong said.
"Wife can't! According to the law, the wife and you are the same person, and the company will have unlimited liability in the future. Look for other reliable people in the family. Li Yueshi said.
"That's my grandmother. When you come back after the Spring Festival, help me get this matter done, and then I will inform Song Yu, Ou Xiaojun and Ou Xiaoyang, and jointly invest in the establishment of this firewall company. Wang Weidong said.
Many bosses are very selfless and don't want the company to pay a penny, and many bosses are also very frugal, and they hardly spend money on their bills all year round.
All the cats are hidden in the flowing gold flow of one company after another.
Xiao Nan called Wang Weidong and thanked him for recommending him to participate in the filming of that rural TV series.
"It just so happened that someone approached us to invest in the filming of this TV series, so I recommended you to play a role by the way, it's not a big deal." Wang Weidong said.
"Brother Wei Dong, the director and screenwriter have told me, thanks to you this time! Most of the actors who were enabled were found from the Black Province, with the exception of me. Ms. Ruiyun from the TV station told me personally that you named me to play that role. Xiao Nan said on the phone.
"Take this opportunity as much as possible, I can only help you get here." Wang Weidong said.
"Brother Wei Dong, you have helped me so much, how can I thank you?" Xiao Nan said coquettishly.
"It's nothing, the most important thing is your own strength, shoot the TV series well, and I'll hang up the phone if I still have something." Wang Weidong said.
After the Spring Festival, Weidong Company, which was 80% owned by Wang Weidong and 20% held by Grandma Huang Guiying, with a total share capital of only 1 million yuan, was established.
Huang Guiying is still very happy to be able to help her grandson do something.
But when Wang Weidong put a lawyer-drafted will in front of her for Huang Guiying to sign and put her fingerprint, Huang Guiying was a little angry.
She felt unlucky to do it.
"You old lady doesn't understand anything, but the person who signed the will lives longer! You old lady don't think about it, if you can't even live for three or two years, will I partner with you to set up a company? Wang Weidong said.
"If you don't write this thing, all my things will be yours in the future!" Huang Guiying said.
"That's different! In the future, the person who has the most right to inherit your inheritance is my father! And then my brother and me. Wang Weidong said.
Using Li Yueshi's suggestion, not only Wang Weidong, Ou Xiaoyang, Ou Xiaojun and Song Yu also set up a family company, and then the four of them jointly invested in the establishment of a firewall company, which controlled the entire Xiangyang Electronics Co., Ltd.
The 20% stake in the company held by grandma Huang Guiying is actually worth at least 1 billion Hong Kong dollars.
Now many local leaders have the idea of running a city. It doesn't matter if you don't have money, approve a piece of land to set up a city investment company, use this land to mortgage 100 million yuan from the bank, and then use this 100 million yuan to carry out preliminary construction on this piece of land, and the value of this land will appreciate to 300 million or even 500 million.
The door to wealth was quickly opened.
It's as if you just say a sesame to open the door, and wealth will roll in!
This is called land finance or land finance. But it's all based on rising land prices.
If land prices stop growing, or even falling, then all this will fall apart.
Wang Weidong is now standing on the construction site of the Wulin City Gymnasium. Thousands of workers were busy like ants, and the sound of piling came and went.
This area is a plain driven by the river, the soil is soft, and the amount of piling work is very large.
Xu Kangnian is now standing beside Wang Weidong.
"The 1 million square meters to be developed on both sides of the stadium is the land granted to us by the Wulin Municipal Government. Immediately find a design institute to design, and then build two iconic buildings. You can take it slowly, you can do it slowly, but it's not good if you don't move at all. Wang Weidong said.
"In the future, major sports events will be held here, and we will build two distinctive business hotels first!" Xu Kangnian said.