Jing Gao's journey to greatness has come so far, and it seems that it is almost reaching its peak. The next step is to invest money and time to develop the chip industry. He just takes the money and enjoys life!
However, veteran drivers always encounter new problems. The crisis came quietly.
In more than a year, a young man who ranks among the top three richest people in China has emerged. Who would not pay attention to this?
This cannot be avoided by Jing Gao's "going deep and staying simple", not participating in business interactions, and not getting involved in politics.
To really think that way is called ostrich thinking. It doesn't mean you bury your head in the sand and think there is no danger.
It is true that Jing Gao's very effective "evasion" and his reputation for defeating the Galaxy Group made all parties still have doubts about him and did not dare to attack him casually.
However, Igao is no white glove player. Under the "test" of people like Feng Xuehua, the flaws will be exposed sooner or later. At that time, people from all walks of life will pounce. Do you really think that shopping malls are like battlefields for fun?
Brutal competition happens every moment. As long as you are weak, there will be people or companies who want to eat up your wealth or market share.
In short, this road to greatness is like this. When you have no property, you spend money like a billionaire, which will lead to all kinds of unreasonable speculations. If you report it to someone, the tax department will most likely come to investigate you.
This won't work!
And when you have property and the asset value exceeds 100 million, it will definitely attract the attention of "predators". This is how Jing Gao fought all the way!
Now, he is about to touch the threshold of a trillion-level enterprise. There is a higher-level "circle" paying attention to him!
How should he go next?
…
…
Luxurious large bedroom with bright lights. The lavender curtains were closed, blocking out the silence of the night outside.
Guo Siyue looked at Jing Gao who was seriously asking her for advice, and couldn't help but feel tenderness and love overflowing in her heart. I want to be like a big sister, taking care of him and helping him.
Just like when she was looking at the diamond necklace in the living room on the first floor, she couldn't help but press him in front of her and tolerate him.
Guo Siyue's beautiful eyes full of spirituality looked at Jing Gao, hugged him, and said: "Xiao Jing, this is a problem, but it needs to be divided into two steps. First, you are too conspicuous on the rich list, how do you plan to deal with it? What is your shareholding in Phoenix Group?
Second, the way you dispose of equity determines the future organizational structure and direction of Phoenix Group.
Let’s talk about the first question first.
There are different patterns involved in how to hide one's wealth. The most common ones are unlisted companies. As long as financial statements are not disclosed, the outside world has no way of knowing the company's assets. We can only judge based on clues.
However, this model is only suitable for companies below 20 billion. When your business reaches a certain level, you must publish some or all of your financial data, otherwise you will not be able to gain recognition from many partners. Especially manufacturing.
The most typical example is Huawei. Their company is already very large. According to Fortune magazine's top 500 data released on July 20, 2016, Huawei ranked 129th, with an asset valuation of US$57.311 billion.
They have established supplier chains, dealers, R&D and other systems around the world. Therefore, although they are unlisted companies, their financial statements are all public. Use this method to increase your partner's confidence in them.
Phoenix Group's external assets are valued at approximately 800 billion, equivalent to US$120 billion. It owns five listed companies: Xia Shang Real Estate, Henghu Pharmaceutical, Bank of East Asia, Sina, and Weibo. I also use Uber, which is about to go public.
So, it’s hard for you to hide. A check on the equity is all clear. "
Jing Gao listened carefully.
The Fortune 500 are ranked according to operating income. Therefore, although the Phoenix Group's asset value is high, it is twice that of Huawei. However, the operating income is not satisfactory, barely ranking 50 on the list of the top 100 private enterprises in China. The operating income is around 66 billion.
This is actually proof that the Phoenix Group is "big but not strong".
Guo Siyue continued: "So, if you want to hide your wealth, the first way is to really transfer the equity. For example, cross-shareholding with your business partners. Or, introduce state-owned enterprises and foreign capital as strategic investors.
These are all ways to enhance your own strength.
The second method is fake transfer. You either have someone to hold equity on your behalf, or you have cross-shareholdings with affiliated companies. Just like the Mitsui Foundation you admire. Real wealth and power are still in your hands.
The third method is to donate the equity and establish a charity fund.
The fourth method, like Huawei, is to give up a large number of shares and let all employees hold shares. In such a huge system, as the founder and holder of power, hundreds of thousands of employees will not let you let anything happen to the company.
Of course, we cannot go public like Vanke did. After going public, it was targeted by capital and its equity was too dispersed, which caused great trouble.
Koi, you just mentioned being close to the government and staying away from politics. This is the most ideal mode. In real business practice, there are still some lines that are crossed. Mainly depends on the industry. You see, doesn’t Vanke always want state-owned enterprises as strategic investors? Galaxy Group also has strategic investors.
Which of these methods do you want to choose? "
Jing Gao smiled bitterly and stroked Guo Siyue's hair, "What you said is really clear and thorough. I can't decide for the moment. Please give me a suggestion first."
Guo Siyue smiled sweetly, pecked at the well, and said: "You are stupid! I am the president of your enemy company, the number two person, and you asked me to give you advice. Aren't you afraid that I will take you into a ditch? With my The level is so bad that you won’t be able to adjust within five years.”
Jing Gao smiled, hugged the mature and beautiful woman who looked like a woman in her early thirties, and patted her crotch, "Didn't you sign your resignation report? Besides, Siyue, will you cheat me?"
The corners of Guo Siyue's mouth turned up. She lacks the quiet and luxurious temperament of the past, and has more of the laziness and charm of a woman after being nourished. The mature and beautiful woman is full of charm, her eyes are like water, and her body is like snow, with her unique charm.
"Fool! I can't do it, but that doesn't mean other women can't! In short, you can take it easy in the future." Guo Siyue chuckled softly, stroking Jing Gao's hair, "If you want to hide your wealth, you will use all kinds of methods. Gotta use it.
In fact, hiding wealth means hiding it from the public. Let public information not reveal your true wealth. It doesn’t mean spreading the wealth away. In the mall and within the system, everyone who needs to know will know.
First, Phoenix Group will first split off all listed companies. In name only, the board of directors is the highest governance body. There is no need for a headquarters above. But in fact, you still control these companies.
After the spin-off, the equity in your hands should be dispersed. Hide your name from public companies. This requires a large number of shell companies and financial companies to cover up. But your Phoenix Group’s legal and financial teams should be able to handle it.
As for whether it is necessary to introduce strategic investors, it is up to you to decide.
Second, after stripping off these assets, your remaining unlisted company business will be much easier to streamline. You can even use proxy holding.
After such a set of procedures, your estimated net worth of US$18 billion on the Forbes Global Rich List will shrink to US$5 billion. Give them some advertising, sponsorship, and public relations, and they will basically be hidden in the crowd.
The way you dispose of equity will determine the future path of Phoenix Group. At this point, keep going, you don’t need me to teach you any more. "
Jing Gao looked at Daguo Beauty and admired her in his heart.
He just told her not long ago, why did he
