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Chapter 571 Trust

Central and Western District.

3 Garden Road.

The building of Li Zekai's company, Yingke Development Group, stands here.

In the chairman's office.

Zhou Xing, Li Zekai and a group of lawyers and staff gathered here.

Looking at the contract in front of him, Zhou Xing confirmed that there was no problem and signed his name.

Screened by charity programs.

In the end, Zhou Xing decided to use a charitable trust to maximize the funds for charity.

A charitable trust is a trust whose purpose is only to achieve social charity and with the whole society or part of the public as the beneficiary.

It is a relatively novel but more appropriate way of charity currently.

After all...more than 1.7 billion Hong Kong dollars is not a small amount after all.

Relying on the strength of one person.

It is not easy to spend this money just for charity.

With a charitable trust.

As an employer, Zhou Xing expresses his needs, and then a dedicated professional trustee goes to lay out the plan and is responsible for its implementation.

Everything is subject to legal supervision.

And can withstand larger amounts.

In a short period of time, a proper plan can be issued and implemented.

This is undoubtedly what Zhou Xing wants.

Wait until the contract is signed.

Li Zekai also ordered people to transfer part of Shang Huaqiang's property to a custody account.

Not only will the client supervise, but there will also be dedicated government personnel who will also conduct an inventory of each expenditure detail.

Ensure the purity of charity.

"Mr. Zhou."

After everything was ready, a middle-aged man in a suit came to Zhou Xing with a smile.

He is the person in charge of this commissioning agency.

Deng Feng.

In this regard, he has extensive experience and often receives charitable trust requests from wealthy groups, and his ability is quite outstanding.

Otherwise Li Zekai would not have chosen him.

"This is our preliminary plan, please take a look."

Deng Feng politely handed over the plan and handed it over to Zhou Xing.

Zhou Xing took the plan folder, opened it and flipped through it, and Deng Feng's explanation came to his ears: "We have calculated this fund in total, including a number of real estate properties, totaling 1.74 billion Hong Kong dollars."

Zhou Xing nodded slightly.

The last liquidation by Li Zekai was 1.735 billion.

It's not that property is calculated differently.

Because real estate is included, small fluctuations are normal.

All are calculated based on the current market value, and we strive to be as rigorous as possible.

Deng Feng continued: "Excluding real estate, we have 1.06 billion in cash, so we are currently preparing to use 20% of the share, which is 212 million, as an option for poverty alleviation, and at the same time, 30% will be used for poverty alleviation.

For education, the remaining fifty is invested in medical security."

"We have also made various arrangements for the real estate there. Some of them are in remote locations and can be transformed into nursing homes or hope primary schools."

"Of course, if you can sell it, you will definitely choose to sell it and convert it into cash flow. This is more convenient."

Deng Feng looked at Zhou Xing and asked, "I wonder what you think needs to be changed in this plan?"

Zhou Xing closed the folder and saw Deng Feng's return. He read it in a few seconds and immediately shook his head and said, "Just do what you said."

Professionals.

The plan that is actually issued must be much more specific.

Even the real estate...has been reasonably arranged, which can save a lot of effort on the trip.

"Okay, we will send every assistance activity and fund change to your email in the future. Please remember to check it. If you have any questions, you can contact us."

Deng Feng bowed slightly, "On behalf of me and the organization, I would like to thank you for your trust, and at the same time, thank you for your helping hand to the people of Xiangjiang."

"Serious words."

Zhou Xing waved his hand and said calmly: "When will all this funds be spent?"

Deng Feng's expression froze, and he asked with some surprise: "You mean... to arrange these funds to the groups in need as soon as possible?"

Wait until Zhou Xing nods.

Deng Feng explained: "This... may take some time, at least more than three months, or even half a year. As you know, the funds are a bit too huge, and we also have to

Implementation and ensuring that funds are used where they should be used take time, and I hope you can understand."

"More than three months...half a year..."

Zhou Xing frowned slightly. He felt that this time was a bit too long, and then asked: "Is there no way to shorten the time?"

"How quickly do you want to use this fund?"

"The sooner the better."

Deng Feng was extremely surprised when he heard about it.

This is the first time I have seen such a request from Zhou Xing.

He has accepted the trust needs of many groups and wealthy individuals.

However, charity... is good in nature. However, these groups and wealthy people do it more for fame or for the positive image of their own companies.

Naturally, the longer the time, the better.

Only in this way can we achieve long-term publicity effects.

Maximize benefits.

By Zhou Xing's time, he didn't seem to care about the so-called reputation and started publicizing.

Most of them really want to get the funds in place as soon as possible.

Spend it on those in need.

There is no purpose.

Deng Feng felt a chill in his heart. Looking at the young man in front of him, he felt respect from the bottom of his heart.

This does not mean that those charitable groups, wealthy people, etc., have to be spurned by others because they are purposeful. They should also be respected.

At least they really took action and helped a lot of people.

However, people like Zhou Xing who don’t seek everything are even more rare.

At such an age, one can have such a character.

With his identity, ability... having such a positive character, it is a good thing for both individuals and society.

at the same time.

He was also quite troubled by Zhou Xing's request.

The sooner the better...how fast is that?

Deng Feng didn't have an accurate answer, so he could only shorten the time. This would inevitably lead to a lot of busy work. He had never been in such a hurry before.

After thinking for a moment, he gritted his teeth and said to Zhou Xing: "Mr. Zhou, I will ask someone to change the plan and try to secure the funds as soon as possible. What do you think?"

"Can."

Zhou Xing said politely, "It's troublesome."

"This is what we should do."

Deng Feng leaned forward again, "Thank you for your understanding."

Zhou Xing handed the document back to Deng Feng and asked casually: "When will you be able to organize and carry out activities?"

"After you confirm the plan, the staff will start tomorrow."

Deng Feng replied.

Zhou Xing asked, "When and where will you be tomorrow?"

Deng Feng looked at Zhou Xing, and he reacted immediately with his quick mind, "Do you want to go and see the scene?"

"Yes, is it convenient?"

Zhou Xing did not hide his purpose. Even if charity is to complete system tasks, it cannot be like starting a company and being a hands-off shopkeeper. After all, you have to go there and take a good look.

"Of course...of course."

Deng Feng smiled slightly and said, "You are the client, and everything we do is based on you. I just want to remind you that the place we are going to may be somewhat remote and the environment is harsh, so you must be prepared in advance."


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