"One of them sells condoms?"
After listening to Zhang Taoming's explanation, he slapped his forehead, speechless. He was right! Absolutely right.
Yang Jing rolled her eyes at Zhang Taoming and asked Xing Baohua, "Do all these families run banks?"
"Many are involved; in fact, their family business model extends its reach into various industries. The Rothschild family I just mentioned, based on a combination of different data, has at least ten trillion US dollars in wealth."
As soon as Xing Baohua finished speaking, Sun Changjie exclaimed in surprise, "Our reserves are only a little over 4 billion. But one family on the other side has over a trillion! That's terrifying! Hua Zi, you're right!"
"No, I travel around a lot and listen to a lot of experts. So, dealing with Western banks is no problem. They're all a bunch of bloodsuckers. If we swindle a few hundred million, it's just a drop in the ocean to them. It won't hurt them at all."
Once Xing Baohua drinks, he starts spouting nonsense in a very serious manner.
Friends, it feels like we'd be letting down their red roots if we didn't go and mess with those vampires in the West.
And so, after being persuaded by Xing Baohua, everyone deposited the money at home.
The boxes of cash stung everyone's eyes. They had never seen so much money in their lives.
Take it home first, hold it in your arms to warm it up for a while, and then we'll talk about it.
Liu Haibo followed Xing Baohua's advice and resigned from his public office to start his own business.
Even with his current income, it wouldn't benefit him or his family if he didn't resign.
It's very close to Chinese New Year now, let's talk about it after the New Year.
At the same time, Xing Baohua told them that he would send a capable assistant to oversee things from behind the scenes.
Let your subordinates handle the frontline combat. During this time, focus on recruiting more people to replenish the funds—the more, the better.
While they may not be considered the first private widows in China, they were certainly among the first to expand their operations overseas.
Xing Baohua was quite happy after he bought back the shares from the second generation of the family.
Apart from Shangguzhuang's 3% stake, Xing Baohua owns 97% of the entire electronics factory.
As one old man once said: "Let some people get rich first, and then let others benefit from it."
That's why, after this statement was made, so much emphasis was placed on prioritizing the economy: investment, attracting businesses, securing projects, and undertaking construction.
That's why it became the primary target of the local authorities.
Why would the city allow a financially sound company to adopt a shareholding system?
To put it bluntly, they just wanted the books to look better on paper.
Xing Baohua felt it was a bit of a pity; the timing wasn't right. Otherwise, he would have established another company.
However, now that there are individual businesses, you can apply for one. If Xing Baohua applies for an individual business, it will probably become news in the city.
After thinking about it, I decided against it.
Make a call to a lawyer in Hong Kong to help him set up a shell company in the Cayman Islands, where there's a Citibank branch, and open an account there as well.
It can be used to transfer funds and serve as a temporary safe haven.
That evening, Xing Baohua, who was at the city hotel, called Xiao Bomei to ask where she was.
In the factory dormitory.
Xing Baohua told her to come downstairs and wait in twenty minutes, and he would arrange for a car to pick her up.
After Xiaobo arrived, Xing Baohua started working on her work.
The accounts of the separated assets are currently in Xiaobomei's hands.
The next step is to begin splitting up the assets.
Neither the laboratory, sales, nor the joint venture factory will cooperate under the name of DaMi Electronics Factory.
Xing Baohua will temporarily place the spun-off assets under the name of Hainan Holdings.
Once the company registration in the Cayman Islands is completed, Xing Baohua will transfer all of Hainan's shares there.
It's estimated that it will be stored until after 1992.
When it becomes fully possible to privatize and start a company, register a new company in the country.
All shares of the companies were transferred to the new company.
In the future, electronics factories will just be empty shells of contract manufacturers.
If things can stay stable for two years, Xing Baohua will be able to operate even better. Now he feels a sense of pressure; time waits for no one, and he can't wait until that moment.
So move quickly.
And next year, he will start to spread the word that the rice electronics factory will build several branch factories in order to expand production.
Those who provide sufficient electricity will be given priority for residency registration.
Next, Xing Baohua started distributing shares. Only in this way could he more quickly benefit many people in the surrounding area and achieve the goal of "common prosperity."
Xing Baohua was just wondering how much he should keep for himself.
Of course, 3% for Shangguzhuang is a bit too much and needs to be reduced.
Should I keep 5%, 3%, or 1% for myself?
I explained the next steps to Xiaobo and gave her the phone number of the Hong Kong lawyer so she could communicate with them as needed.
Xing Baohua doesn't know who's currently at Huahong's branch. As for the opening, Xing Baohua needs to urge them to hurry up.
After finishing our work-related matters, it was getting late.
Xing Baohua used her arm as a pillow and leaned against the headboard.
A cigarette afterwards, and I feel like I'm in heaven.
Even the immortals didn't feel it; they were just tired and a little out of breath.
At this moment, Xing Baohua was thinking about how to build an equity structure.
He keeps thinking about how Old Ma (Jack Ma) operated. His current constant asset restructuring is essentially an attempt to replicate Old Ma's strategy.
However, this method can be used in Huahong Group.
Nowadays, when electronics factories act as contract manufacturers, they distribute shares using the Huawei model.
So how are the executives allocated? Anyone who knows how to play the game can see through Xing Baohua's little tricks at a glance.
Therefore, executives cannot be misled. Even if you offered shares in the electronics factory, they wouldn't want to work there! After all, Xing Baohua transferred all the valuable assets.
Earning just a processing fee is interesting.
Therefore, a senior partner agreement is also needed to establish a concerted action agreement.
This chapter is not finished yet. Please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com