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Chapter 450 No one is innocent

Jian Anran then asked: "It can be understood that donating the laboratory is to keep Xu Nianhe's job. Then donating so much money to Luo Jiang is all out of great love?"

Chu Chen shook his head helplessly, "What kind of love can the Xu family have? Do you think they donated a dime to their hometown in the past years when things were going well for them?"

"They probably want to move the factory back."

Jian Anran reacted immediately, "They are going back to Luojiang to build a factory?"

Chu Chen had a look of relief on his face, very satisfied with Jian Anran's reaction speed, nodded and said: "That's right, I have to donate some money to show off my face first, so that we can get things done later."

It turned out that Xu Nianzhi had already made plans a year before the bankruptcy.

She transferred all the Xu family's money that could be transferred, and left the rest that couldn't be moved to be inspected by banks and creditors in order to pay off the company's debts.

There are also countless expanding factories and workers whose wages have not been paid for more than half a year.

Xu Nianhe is still spending money like water in Luojiang. She lives in a villa, has three nannies at home, and drives a luxury car with 98 gasoline. The monthly salary is only a few thousand. And in the factories that are still in operation, how many people are still counting on supporting their families?

Workers have not been paid for more than half a year.

They still hold on to hope that the company will return all the money to them together with bonuses at the end of the year as promised. They also have elderly people waiting to be supported, their wives are also in the low-income group, and they are still in school.

Children, they are the hope of the whole family.

After Xu Nianzhi's bankruptcy proceedings were initiated, they would never receive a penny again.

The caring people in society who were praised to the heavens in the first half of the year turned out to be doing sanctimonious things in order to protect their huge private property.

Chu Chen suddenly said: "More than that."

"Xu Nianzhi did not directly donate a building to Luo University, but donated a foundation."

Ning Beibei immediately asked: "The foundation is still used to build buildings, what's the difference?"

"It's a big difference." Jian Anran finally realized.

Chu Chen agreed: "The difference is indeed very big."

An ordinary building donation would mean that she would provide as much money as needed to build a building, but this was not the case with Xu Nianzhi.

She established a foundation called charity, hired a dedicated team to manage the operation, and deposited money into it in advance that was far greater than the cost of building the building——

The money was successfully "landed".

This is money that cannot be seized during bankruptcy proceedings, but the actual operator of the foundation is still Xu Nianzhi herself, and all the money in the foundation is also within her jurisdiction.

Chu Chen immediately explained: "This is a tax avoidance method commonly used by foreign wealthy people, but Xu Nianzhi clearly played it at this time."

Although Xu Nianzhi has never gone to college or taken any relevant financial courses, her skills and knowledge in all aspects are already beyond those of many financial masters——

As expected, true knowledge comes from practice.

No amount of textbook knowledge can compare to Xu Nianzhi's experience gained through hard work in the mall.

"Then Xu Nianhe doesn't know anything about it?" Ning Beibei suddenly remembered the way Xu Nianhe was chatting and laughing on the stage just now, "She still takes the living expenses given by her sister as usual?"

Chu Chen turned around and glanced behind him. There was no one in the corridor.

"How is it possible?" His eyes flashed with an unprecedented seriousness. "How many properties and procedures need to be handled? How could she not know about it at such an old age?"

No one is innocent in this process.


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