The Rich Man's Life Begins with a Comeback

Chapter 164 The Inheritance of Zhaode
Inside a quiet private room at Nanlu Mansion.

A perfectly sized round table was placed in the center, with Gu Heng sitting in the main seat, and Qin Ying and Xu Ke sitting on either side.

As for the four young men and women who had just come to the restaurant with Gu Heng and the others, Qin Ying and Xu Ke arranged for them to stay in a private room next door, so that they could be called upon at any time without affecting their normal dining.

"Mr. Gu, do you know that girl?"

After asking Gu Heng if he had any dietary restrictions, Qin Ying skillfully ordered the food while asking Gu Heng, "Our company has a long-term partnership with this restaurant. If Mr. Gu is an acquaintance, I'll tell the manager to put that table's bill on the order form later."

"know."

"It was just a chance encounter."

"Just leave the order as is, ignore it."

Gu Heng waved his hand, his tone rather casual.

Han Yijia was able to be roughly compared to Jiang Ruan during her school years, which is enough to show how outstanding her looks and figure were. If Jiang Ruan hadn't given in that night, the two of them might have already been intimately acquainted.

However, as beautiful as Han Yijia is, she is only on par with female internet celebrities like Bingbing and Yangyang. For Gu Heng, who has seen the "big world," she is not someone he would deign to lower himself to, let alone someone he would be interested in.

"understood."

After hearing Gu Heng say that, Qin Ying did not mention the matter again.

"The environment here is nice."

"I think we should eat and chat at the same time."

Gu Heng took the scalding hot towel from the waiter and wiped his hands. After changing to a new environment, Gu Heng's head, which had been feeling a bit dizzy and throbbing, regained its clarity.

Simply put, he felt like he was back in the game.

“Mr. Gu, your family’s equity structure has a total of four layers.”

"We have just explained the first three layers of the architecture to you. This last layer is the project company layer, which is located below the main company layer."

“By setting up new project companies under the main company, each project company adopts an independent legal entity structure, not only can the risk isolation capability be further improved, but more possibilities can also be explored for tax planning.”

"Furthermore, if you consider the long term, Mr. Gu, if your main company has financing needs in the future, the project company can also provide greater convenience for the main company."

Since Gu Heng had said so, Xu Ke naturally wouldn't refuse, and continued to explain the plan that he hadn't finished to Gu Heng.

"Simply put, it means that the business risks have been further diversified."

Qin Ying added at the opportune moment: "For example, your wholly-owned Zhencui Group. If we take it as an example, as your Zhencui Group continues to develop and expand in the future, according to the information we have, it owns a total of six catering brands. You can set up all six catering brands as independent chain store project companies."

"In addition, you can set up separate project companies for the most common aspects of catering groups, such as central kitchens, food supply channels, and brand-derived pre-made dishes."

“Each project company is an independent entity. If it grows to a certain scale in the future, you can choose to introduce strategic investors for each project and allow the project company to raise funds and go public.”

Xu Ke used a lot of technical terms when explaining the plan, so Qin Ying directly used Zhencui Group, which is wholly owned by Gu Heng, as an example so that Gu Heng could understand it more easily.

"What did Mr. Xu mean by mentioning the greater possibilities of tax planning?"

Gu Heng took a sip of tea and asked Qin Ying again.

“Mr. Gu, you should know that tax rates vary greatly in different countries and regions around the world. Even in Hong Kong and Macau, the tax rates are much lower than in mainland China.”

Qin Ying explained, "In the financial industry, project companies also have another name: Special Purpose Vehicle, or SPV for short. It is a company established for a specific purpose." "It can be created for tax avoidance, for financing, or for bankruptcy remoteness. In any case, its purpose is to serve the main company, and it can also act as a shield in critical situations."

"If we compare the main company to a pomegranate, then the project company is the pomegranate seed that clings tightly to the pit. Does Mr. Gu understand what I mean?"

As Qin Ying explained to Gu Heng, the restaurant staff served up one beautifully presented dish after another.

Scallion oil-fried East China Sea yellow croaker, stir-fried lobster with three kinds of scallions, lotus leaf-scented ginger and grouper, taro and rice soup with Sanmen crab, steamed pomfret with pickled mustard greens and bamboo shoots, and East China Sea fishing strips with wine aroma...

"clear."

Gu Heng nodded slightly, then asked, "Can Deloitte China provide assistance with the process from the family business to the firewall company, and then to the registration and establishment of the main company?"

"It's natural."

"The family equity structure plan we design for you is not just theoretical; it has very detailed operational instructions. You can send someone to operate it yourself step by step, or we can do it for you."

Xu Ke responded with a smile: "As for the personnel formation of each company, although human resources consulting is not Deloitte China's main business, we have in-depth cooperation with top domestic and foreign headhunting companies and can provide you with a variety of senior talents to choose from."

"Since you are professionals, then this matter will be left to you to handle."

“I’ve been at China Overseas recently, trying to complete the entire family equity structure before I leave.”

Professional things are left to professional people to do.

Don't use people with suspicion, don't use people who are suspicious.

Deloitte, as one of the world's Big Four accounting firms, has a very trustworthy reputation.

"Ok."

Qin Ying nodded in response, "Then we will screen suitable managers for you, and then we will send them interview invitations according to your schedule."

"Then let's arrange it this way."

"Let's eat first, or the food will get cold."

Gu Heng gestured to the two of them.

"it is good."

Qin Ying and Xu Ke naturally had no objections, and they chatted and ate in a harmonious atmosphere.

After finishing his meal, Gu Heng didn't bother going back to Deloitte China. He simply instructed the staff to remove the leftovers and then brought over a pot of tea.

After Xu Ke finished explaining the entire family equity structure plan, Gu Heng named the family equity structure he was about to build, based on the professional advice of Xu Ke and Qin Ying.

Family company: Zhaode Heritage Capital Holdings;
Firewall Company A: Dingdun Capital Group Co., Ltd.;
Firewall Company B: Changze United Holdings Co., Ltd.;
The entity controlling the equity of Ruyi Aviation is Tianxing Aviation Holdings Co., Ltd.
The controlling entity of Xingchuan International's equity is Xingyao Cultural Industry Development Co., Ltd.

The name of the main company of Zhencui Group remains unchanged.

The name of the main company of Beichun Junlan Hotel remains unchanged.

With this, Gu Heng's family equity structure was initially completed...

(End of this chapter)