Chapter 1191 Lithography machine research and development
Li Jin didn't know that there were two special guests coming from Jiacheng County behind him.
He was discussing the foundation matters with Su Wanqing.
"This foundation is for the purpose of helping poor children, and it will only do this one thing. According to international practices that I know, the foundation, as a non-profit organization, usually uses the proceeds from donations [5200 www.
bqg5200.biz] invest the money into insurance financial products and use the proceeds to carry out charity.”
"There are some big foundations that even have their own investment departments."
"The foundation we have established currently only has one shareholder, Jinqing Company, so we will not conduct public fundraising, and the time is not ripe."
"At that time, the 10 million I invested will be handed over to Jack Chen in Hong Kong City to invest on my behalf. I will make a guarantee of annualized income. For example, the annual income will not be less than 10%. If it exceeds, it is naturally good. If it does not reach it, I will
It will be paid for privately."
Hearing this, Su Wanqing frowned and said, "You paid out the principal and pocketed the interest income. Isn't this a huge loss?"
Li Jin smiled and said: "We are doing charity. Compared with the money we earn, this is just a small amount of money, but this small amount of money can help many children."
"Besides, we are not necessarily losing money. Charitable foundations can have great tax benefits. The reason why many foreign companies are keen on charity is because they can save tax expenses. Donating 1 million can save taxes.
800,000, which is equivalent to only paying 200,000, but it has won both official and social praise."
“We also have such a system in our country, and in order to encourage the development of charity, donations from enterprises within a certain amount can be 100% tax deductible, so in fact we don’t have to pay a penny and take away the taxes we should have paid.
Went to do charity.”
"The most important thing is that the assets of the foundation are still there. This is a good thing that is beneficial to the society, ourselves and the government."
Su Wanqing, who came from a financial background, understood immediately after being prompted by Li Jin, with a strong interest on her face.
"I will have someone follow up on this matter immediately when I get back and try to get all the necessary procedures completed as soon as possible."
Li Jin smiled and said: "Okay, but remember, our essence is to do some good deeds within our ability, so do it in a low-key manner. There is no need to make a big splash, otherwise it will change the taste."
"At that time, we will find some relevant professionals to do the specific management and try to separate it from the Jinqing system."
"Okay." Su Wanqing responded.
Back in Qianhai City, Li Jin barely rested and threw himself into intense work with Su Wanqing.
The companies under the Jinqing Group are getting bigger and bigger, and there are more and more things that require the head office to make decisions.
Although the employee system that is also growing has helped Li Jin and Su Wanqing share a lot of work, there are still some major decisions that require Li Jin's personal review and approval.
"The development of photolithography machines?"
Li Jin looked at the report on hand. Li Jin raised his head and looked at Jiang Siqin and Wu Chengyi who were sitting opposite him, and said with a smile: "You two have given me a difficult problem."