Frontier also enjoys absolute share repurchase rights, absolute control rights, and so on.

This is the benefit of local investment.

Most local investment operations are similar. What local governments want is hidden advantages such as taxation, output value, or GDP after a successful project.

There's even...

Debt-free operation after a particularly successful one.

All in all, this is the reason why Fang Nian actively cooperates with local investment in Luzhou when he clearly says he will not raise funds.

The benefits are not too many.

Of course, there are disadvantages, and they are almost explicit disadvantages.

All nodes should be completed before July this year.

Let's go back to Shencheng's frontier company as a whole, but Fang Nian has no plan to apply for preferential tax policies.

There are many factors.

Anyway, according to the current development situation, it will take a long time for frontier companies to generate profits, but they can contribute at least a few hundred million in taxes every year, and they are also large taxpayers.

After all, just by accepting the first batch of 5 million yuan of the nuclear high-tech project and the planned second batch of 10 billion yuan, the frontier has to invest a corresponding proportion of funds in the Nuwa laboratory.

This 15 billion fund can be said to have almost no conditions, it will be used up as soon as it is used up, and there is no need to pay back, taxes, etc...

Fang Nian was silent for a long moment before he opened his mouth and said, "Frontier companies don't need to be fast, and Mr. Wen must operate prudently."

"Understood." Wen Ye quickly responded.

Fang Nian added: "Everything is pretty good, keep going."

He said and looked at Liu Xi: "Liu Xi, if you allocate 5 million yuan to frontier academics, how long can you last?"

Liu Xi quickly replied: "Since mid-January, the progress of frontier academic projects has almost stagnated. According to the calculation model, it can last until July."

Hearing this, Fang Nian looked at Lu Weiyu: "Boss Lu, there is so much money in Qianqian's account, so I have to spend it quickly. The cash flow of the two laboratories is very abundant, so don't worry, so..."

"Yangcheng and Chang'an, you choose one first, and go to the local area to set up a new laboratory. I will fully cooperate with you."

Facing Fang Nian's gaze, Lu Weiyu nodded: "I will submit a plan next Monday. I just resumed work recently, and there are some things that need time to deal with."

"Row."

After the beginning of the new year, Fang Nian's first job set up a series of tasks.

Fang Nian also decided to go to Qianfeng Company for an informal inspection on the 8th Women's Day, which was of course a visit on the surface.

Just as usual, all women will have half a day off and a gift that day.

…………

…………

Before three o'clock, Fang Nian drove the Audi to the vicinity of Mingzhu Primary School.

Soon Fang Xin was received.

"Fang Xin, can you keep up with the progress?"

"To keep up, they only attended classes six days in advance, and the teacher arranged for students to give me tutoring in their spare time."

"Is your English a bit poor?"

"Ah."

"Your mother is home, at least she won't come until the day after tomorrow, you know?"

"know."

"Do you have a lot of homework today?"

"Not much."

"Then I won't go home, I'll take you to eat at your sister Qiuhe's."

"Row."

"..."

There is no child seat installed on the Audi car, Fang Xin is a normal girl height, so there is no need for this anymore.

She just celebrated her 10th birthday and is currently 135cm.

It's okay, it may not be too high in the future.

According to the current standard, at the age of 16 when the average girl stops growing taller, she can reach about 160-165 cm.

But maybe it can grow to a height of 1.7 meters.

For now, among the girls who are very familiar with Fang Nian, the tallest is Lu Weiyu, 169 cm, almost perfect...

Mingzhu Primary School is not far from the Lujiazui financial circle, and it didn't take long to reach the downstairs of Universal.

Fang Nian took Fang Xin to the elevator to the Park Hyatt lobby.

Guan Qiuhe also just arrived.

Fang Xin greeted obediently: "Sister Qiuhe is good."

"Did Xiao Xin work hard at school?" Guan Qiuhe stroked Fang Xin's hair, "Would you like some cake?"

"..."

After a while, the waiter brought cake and two cups of coffee.

Picking up the coffee cup, Guan Qiuhe calmed down and said, "Why did you come here today?"

"There is something I want to discuss with you." Fang Nian said calmly.

"..."

Without going around in circles, Fang Nian said directly: "I want to hand over a part of Dangkang's shares to the family trust."

"Oh?" Guan Qiuhe raised his eyebrows, "Why do you suddenly have such an idea?"

Fang Nian explained calmly: "I received a call from Lei Jun today about financing, and I just remembered that Dangkang Games is about to start preparations for listing;

In order to avoid certain risks and capital inheritance attributes, it is a routine operation to take out a part of the shares and hand them over to offshore family trust funds for management. "

Speaking of this, Fang Nian paused for a moment, and looked at Guan Qiuhe: "Of course, I also have other purposes, for example, the beneficiaries will be my immediate family members with Lu Weiyu."

"I also suggest that you consider this matter."

After Fang Nian finished speaking, Guan Qiuhe fell silent.

After a while, Guan Qiuhe said softly: "You should know that my house is still a mess, it's just..."

"From my point of view, I think you might be a little bit of a dead end." Fang Nian said calmly, "Blood ties are hard to break."

"Some of the family atmosphere can be uncomfortable, but it's not just the family atmosphere that makes you lonely."

"People are born lonely and will not be changed by any external objects."

"Even if your parents are going to divorce, it doesn't affect you to leave a capital for them to settle down. Just let the elders worry about the elders themselves."

After Fang Nian finished speaking, Guan Qiuhe sighed: "I understand what you mean."

"Let's talk about it, I will seriously consider your suggestion."

Fang Nian smiled: "When it comes to the matter of family trust, you don't care whether you consider it or not."

"From the perspective of avoiding risks, it must be done sooner or later. The beneficiary of the trust is completely controlled by the settlor. You can understand it."

Guan Qiuhe hummed: "I probably have heard of it."

"What do you want to do?"

"10% offshore, 10% domestic, in the end I should only hold 2%, and the other 10% will slowly dilute financing and go public for cash."

"Retain so little?"

"That's not too much, don't you know why I set the release date of Dangkang game after 13 years?"

"Tsk, I don't know how big an IPO you'll come up with."

"..."

In the end, Guan Qiuhe also decided: "Then I will take 15% of the shares and hand them over to offshore and domestic family trust institutions."

Fang Nian said with a smile: "This matter can't be done in a day or two, don't worry."

"..."

Finally, it comes to personal assets.

Fang Nian smacked his lips and said casually: "I still have more than 9 million yuan in my account. I originally wanted to set up a 5 million-scale pure money trust, and planned to let the trust organization invest the money in Frontier according to my wishes;

Just turn left handed to right handed, it is not considered a loan, and you can get a higher income. "

"You're not going around the corner anymore. Frontier doesn't plan to raise money or go public." Guan Qiuhe laughed.

Fang Nian shrugged: "Indeed, Frontier has little chance of making a profit in the past few years. Main Frontier has 17 billion cash assets on its books, and it does not need funds for the time being."

Then Fang Nian added: "Actually, I just value the trust's bankruptcy isolation mechanism. You know, I always prepare some retreats."

"Then what do you think now?" Guan Qiuhe asked curiously.

Fang Nian smiled slightly: "Secret."

-

======

The third is later.

Chapter 639 The beginning of the year is all kinds of big projects

At the end of the month, the broken bowl is looking for a monthly ticket subscription.

………………

Rainy in the morning, cloudy in the afternoon.

Sitting in the living room of the Park Hyatt lobby at an altitude of several hundred meters, the clouds outside the window have a different taste.

Fang Nian picked up the coffee cup, leaned back on the chair, and changed the topic in a vague voice: "Dangkang game now has nearly [-] billion in cash, right?"

"There are more than 100 billion." Guan Qiuhe said casually, "two plans, one is to invest in the construction of the park, and strive to complete it in the middle of next year. soon."

"The second is to invest an additional 30 billion in major R&D centers."

After listening to Guan Qiuhe, Fang Nian murmured, "We can add a little more to the mobile game research and development center, the future trend."

"Yes, we have to roll out the server infrastructure construction, which is also a big expense." Guan Qiuhe said.

Hearing this, Fang Nian said relaxedly: "It's really convenient to have money, so that the operation risk of Dangkang Games can be reduced to the point where you can be a hands-off shopkeeper."

"..."

After experiencing the hacking incident, although Dangkang Games has started to build its own data center, the proportion is not large.

With additional investment now, it will take less than a year to complete all self-ownership.

The overhead of hardware investment will be offset over time.

If there is a lot of free hardware resources, we can cooperate with Bi Fangyun, who will mature in the future, to partner in the business of dot cloud services.

In general, the first work in 2011 is a variety of large projects.

Dangkang is going to invest in various types of construction, from office buildings to servers to R&D centers.

The frontier department has already made great efforts to let the two major laboratories continue to burn money to produce results, and then start a new laboratory.

As for...

Fang Nian suddenly planned to use the trust to avoid risks such as bankruptcy and capital.

This falls under the further fair use rule.

Rules are something that will benefit some people from the time they are formulated.

The reason why Fang Nian thought of trust.

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