Chapter 344 The Dust Settles
Chapter 344 The Dust Settles
December 15th, Nanjing.
Old Huang personally led a large group of senior executives and legal team, and hurriedly landed at Jinling Airport. He then rushed to the headquarters building of Haofeng Group.
When Lao Huang, sitting opposite him, saw Li Feng calmly sign his name on the equity transfer document and push the document over, the weight that had been hanging over his heart for so long finally lifted.
His weathered face was now as radiant as a blooming chrysanthemum.
It was worth it, everything was worth it.
In today's turbulent international situation, with the removal of Li Feng, the largest Chinese shareholder holding 17.5% of the shares, Nvidia will become a flawless American company in terms of equity structure.
Without this concern, a series of government support funds and preferential policies from the US government will naturally fall on Nvidia.
This is why, even though Lao Huang knew that assisting Li Feng in purchasing lithography machines carried enormous regulatory and risky aspects, he still tried every means to help Li Feng get his hands on the equipment.
This was a high-stakes gamble where everyone got what they wanted, and now, a win-win outcome is within reach.
"Li, I must admit, you are the most trustworthy gentleman from Dongda University I have ever met." Old Huang closed the contract, his eyes full of admiration.
Li Feng merely smiled noncommittally and coldly reminded him:
"Mr. Huang, in business, we don't talk about personal relationships, we only talk about terms."
"I must remind you that this equity transfer agreement will only be formally established after the funds you are required to pay have been received."
As soon as he finished speaking, Li Feng turned his head slightly and gave him a look.
Xiao Zhang, who had been standing quietly to the side, understood immediately: "Mr. Huang, according to today's closing data for the US stock market, Nvidia's stock price is $86 per share."
"The 17.5% stake held by Mr. Li has a basic market value of approximately US$91 billion."
"But according to the supplemental agreement we reached earlier, the acquisition will be a cash purchase at a 50% premium, so the final transaction amount is $136.5 billion."
Upon hearing this astronomical figure, Old Huang casually shrugged and chuckled:
"We've already prepared these funds. They'll be transferred to your Haofeng Group's corporate account first thing tomorrow morning, without delay..."
However, before Lao Huang could finish speaking, Xiao Zhang interrupted softly, "I'm sorry, Mr. Huang. You may have misunderstood something."
"These original shares of Nvidia have always been held by our boss in his personal capacity."
"Therefore, the $136.5 billion acquisition funds should not have gone through Haofeng's corporate account, but should have been transferred to Mr. Li Feng's personal account."
Upon hearing this request, Old Huang subconsciously frowned and kindly reminded him:
"Personal account? Li, you need to think this through. If you're going through a corporate account, there are many legitimate ways to avoid taxes."
"But if the money is deposited into your personal account, the tax authorities around the world are not to be trifled with, and the resulting personal income tax rate will be a painfully high figure."
Hearing this, Li Feng seemed unimpressed: "Then there's no need for Mr. Huang to trouble himself. I've always been a law-abiding citizen."
Old Huang raised an eyebrow, somewhat puzzled.
In his view, how could anyone in the world turn down money and choose to bear high personal income tax instead of using excellent tax avoidance channels?
However, he had already achieved his goal for this trip: to reclaim Nvidia's shares.
Since Li Feng is willing to pay the full amount of taxes, it has nothing to do with him.
"OK, since you insist, we respect your choice." Old Huang generously extended his hand.
"By 6 p.m. tomorrow, $136.5 billion will definitely appear in your personal account on time."
"It's a pleasure working with you." Li Feng reached out and shook hands with him.
......
As Li Feng watched Lao Huang and his group leave the conference room in a grand procession, the smile on his face gradually faded.
He looked at Zhang Yuxi beside him and asked, "Has the deal been finalized with Zhao Zhe regarding the 4.99% stake?"
Upon hearing this, Xiao Zhang's expression turned serious: "Boss, Director Zhao finished absorbing the funds three days ago."
"All the funding sources were nested in multiple layers and ultimately isolated through an anonymous Swiss trust foundation, so that they can never be traced back to us."
"Keep an eye on the accounts," Li Feng instructed.
"The moment that $136.5 billion arrives tomorrow, you must personally go to the tax office to file the return, and make sure not a single penny is missing."
"Understood." Xiao Zhang nodded respectfully.
As she spent more and more time with Li Feng, she became increasingly familiar with the process.
First, an accounting firm does the bookkeeping, then donations are made through a charitable foundation, and finally, personal tax returns are filed.
Conversely, she also began to understand why Li Feng was so insistent on paying the full amount, or even the excess amount, of his taxes.
It's lonely at the top!
......
Meanwhile, thousands of miles away.
In the cold winter of Seoul, a black van slowly pulled up in front of the headquarters of SM Entertainment in Gangnam District.
The car door opened, and Song Qian, wearing sunglasses, stepped out accompanied by her assistant.
Looking at the familiar yet somewhat unfamiliar building in front of her, Song Qian couldn't help but feel a little dazed.
As the leader who debuted with F(x) as early as 2009, she spent her most innocent trainee years here.
Although she hadn't been back here for a long time, the moment she stepped into the hall, countless whispers and admiring glances still filled the air.
"Sister Qian!"
As a clear voice rang out, Yoona, who had been assigned by SM Entertainment to be the guide for the trip, quickly stepped forward to greet them.
"Yoona, it's been a long time." Song Qian smiled and stepped forward, and the two hugged affectionately.
"Unnie, you've finally decided to come back and see us."
"Come on, I'll take you upstairs. The president and the others were very happy to hear you were coming."
During the pleasantries, led by Yoona, the two avoided the crowds on the first floor and headed upstairs to the practice room.
In addition to its own artists, SM's headquarters building is often used as a practice room by girl groups from other small and medium-sized entertainment companies because of its top-notch facilities.
As I passed by a practice room with excellent soundproofing, I could faintly hear energetic dance music and rhythmic beats coming from inside.
As Yoona walked, she introduced Song Qian to the fresh faces in the entertainment industry as if they were her own treasures:
"Unnie, I heard you came back this time to help the Tokyo University program find guest stars?"
"Then you've come to the right place. In recent years, there have been quite a few outstanding members of Tokyo University in various clubs."
"Look at that room, that's rented by Staarshipa. It houses Cheng Xiao, Meng Meiqi, and Wu Xuanyi from your Dongda University. They've been quite popular in the industry lately."
"And over there, Zhou Jieqiong, the new girl from Pleediss, plays the pipa exceptionally well and is also very beautiful..."
Through the one-way glass, Song Qian looked at the young faces sweating profusely in the practice room.
Those clear eyes, yet yearning to debut, are just like my own back then.
This time, however, she only had two spots that could give them a chance to soar to new heights.
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