Chapter 95 Matthias Walter



In the meeting room on the first floor of the manor, Huth walked up to Allen with a well-dressed middle-aged man.

"Master...this is Matthias Walter. You don't see Matthias very often, but he has made a lot of contributions to the family's financial affairs over the years."

Hutt pointed at the man in the middle and introduced him, and Alan nodded.

He had a certain impression of this person, who was considered the family's financial assistant and investment advisor, but most of the time he worked directly with Huth.

There is no scene like the outside world where there are huge amounts of funds that can be controlled within a big family. What Matthias has done more in recent years should be to fill the holes in the old earl's factories.

The industries of the Hill family are basically physical industries with very low profit margins and average risk resistance. However, compared with some later Internet companies, their risk resistance is much higher.

but……

No matter how strong your risk tolerance is, it’s useless if you don’t make money.

Since selling the land and getting the money, Matthias and his small team have begun to finalize Alan's inheritance tax matters.

In the past, we had some small, non-performing assets that we should just give up, just as if we had sold them to the bank, and we didn’t plan to redeem them, so we could do whatever we wanted.

It saves you the trouble of spending money to redeem it, only to find it is half-dead. At that time, it would be better to sell it than to keep it.

This way, we can get rid of some dilapidated industries, and even the workers in these industries can be handed over to the banks to help deal with them.

The Earl's family has no surplus food. Whether they live or die has nothing to do with him, Alan, from now on!

Matthias sat next to Huth, took the information handed over by his deputy, and handed it to Huth one by one. This was the information about some of the remaining factories in the family.

Watching Huth reviewing the materials, Allen asked Matthias casually, "You've been traveling around all these years. Have you ever been to China?"

"Hmm? You want to travel there?"

Matthias was a little reserved when he heard Alan's question.

"No, I'm more curious about their investment, factory environment, etc. Have you ever learned about it?"

"this……"

Matthias frowned and thought for a long time before he said in an uncertain tone, "I haven't been there, but I have heard others talk about the investment environment there, so I have some understanding of it. But whether it is accurate or not, you need to judge for yourself."

"Um."

Alan nodded, looking very interested, and motioned for Matthias to continue.

"In recent years, they have opened up to the outside world and are more welcoming to foreign capital. It is said that the shareholding ratio requirements are quite strict, but other policies are relatively good. Labor costs are said to be very low, but the infrastructure is very poor. If you want to invest there, it is best to choose coastal cities with convenient transportation."

After Matthias said this, Alan compared it with his own memory and thought the situation should be roughly the same.

With a sigh, Alan saw Hu Te still checking the information, and he stood up and said, "You look at it first, and call me if you have any questions. I'm tired, so I'm going to take a rest."

Huth quickly stood up, took Matthias and his deputy with him, saluted, and watched Alan walk out of the conference room.

When he owed a large sum of money, Allen maintained his family's factories as they were.

Now that I have almost paid off my debts, I have some spare money.

The future of these factories needs to be carefully considered and planned.

For some factories, it is not advisable to make too big moves. These factories play a certain role in maintaining stability in the local area.

Such factories must be maintained.

But for example, the radio factory at home can be changed.

The radio sounds very backward and is not a high-tech gadget.

However, radios are one of the rare long-lived products on the market.

Not to mention now, even in five, ten, or even twenty or thirty years, radios will still be selling well!

Moreover, the profit is not small!

Based on the factory's current costs, there is profit in selling radios. What if this industry is cut off and all production lines are moved overseas?

for example……

Transferred to China.

Even without any upgrades in production technology or product types, the profits of the entire factory can at least double or triple!

This is not taking advantage of the situation, this is the demographic dividend of this era!

If we set up a factory there, the labor costs will be lower and the policies will be better. Even if the infrastructure is not good and even if the final shipping cost is included, the profit will be much higher than producing and selling directly in Britain!

Moreover, at this point in time, foreign companies investing in China...

Yes, but not many. With Alan's current status, if he goes there, there is a high probability that he will not only gain favors from others, but will also be able to receive various more favorable conditions!

It would not be a big problem to test the waters with a radio factory now. If such an operation is feasible, then Allen could take advantage of the financial crisis in the United States at the end of the year to sweep some production lines and ship them directly to China.

Buy production lines at a lower price, place them in China, and produce goods at lower labor costs. This way, profits will go up and you can also add some pillar industries.

after all……

Selling land is a one-time transaction. Even though it is a transfer from one hand to the other, Alan is not willing to keep doing this. He still wants to develop his career!

As I walked and thought, there was only one biggest problem left.

Alan has no acquaintances in China except Hong Kong!

In a place where things are easier to do if you have connections, he felt a little uneasy without any acquaintances.

You have to find a way to find good relationships first so that you can invest better!

Not far south of Park Place in London is 49 Portland Street.

It has a white base, brown walls and a black attic on the top. The area it occupies is not large, only about 800 square meters in total.

But the total construction area of ​​several floors added together is sufficient.

There is an iconic bronze statue of a knight diagonally opposite the entrance.

This is the Chinese Embassy in the United Kingdom, which was upgraded to ambassadorial level just over a decade ago.

In addition to this embassy, ​​China also has a consulate in Manchester, UK, which was established only last year.

As to why Wales didn't.

There are few Welsh people, and basically no outsiders...

"Counselor Wang, here is a letter for you. You'd better take a look at it now."

The young man pushed open the office door and met the owner, Commercial Counselor Director Wang!

The position of commercial counselor is not a standard feature of embassies. Some embassies have it, while others do not. It depends on how wealthy the country is and whether it has business activities of a certain scale.

"oh?"

Counselor Wang pushed his glasses and put down the newspaper, feeling a little strange. It was not strange to have a letter, but it was a little strange that the secretary specifically emphasized that he should read it now.

After taking the envelope and looking at it, Counselor Wang felt a little overwhelmed. As expected...

The appearance of the envelope was very exquisite. It only simply wrote the recipient's name on it. There was no stamp and no return address, but there was a big family coat of arms on the envelope!


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