Chapter 555 The foundation and judges’ office were established
Song Tangtang hurriedly sat down. The couple laughed for a while and then got back to the topic.
"Minghua, you registered a courtyard house in the name of the foundation, do you want the foundation's property to be as valuable as the Nobel Prize Foundation?"
"Yes. Money. How can we just earn interest in the bank? "Fang Minghua said:
"You have to invest. In fact, the best investment channel is the stock market, but there are two stock markets in Shanghai and Shenzhen that have just opened in China. There are only eight stocks in total here, which is impossible to invest in. The Hong Kong stock market is very prosperous, but our mainland funds are not allowed to go to Xiangjiang to speculate in stocks. Let alone stock trading, it is very difficult for mainland funds to get out. "
This is true.
Song Tangtang nodded.
Currently, domestic capital control is very strict. Domestic residents can only purchase foreign exchange equivalent to 60 US dollars for self-financed study abroad, 200 US dollars equivalent for overseas mail order, and 750 US dollars equivalent for Hajj, etc.
In 1988, the expenses for Fang Minghua’s second trip abroad, including the funds that originally funded Li Li, were all paid from his own account abroad.
Of course, it’s another thing if you plan to break the law and go to the black market.
Fang Minghua has his own capital accounts in the United States and Xiangjiang. Royalty income from Xiangjiang, Taiwan, Japan, Europe and the United States, as well as annual dividends from Sun Lizhe's company, are not remitted to China, but are all concentrated in the capital account in the United States.
He did not let the funds lie in his account and sleep. In 1988, he took advantage of the opportunity to go abroad to receive an award and invested all the more than 7 million US dollars in his account into the Nasdaq stock market. In the past few years, Royalty income and company dividends were also entrusted to Li Li and invested in the stock market one after another. Only about US$500,000 was kept in the account for emergencies.
The original principal invested in the U.S. stock market is about more than 20 million US dollars, and I only bought three stocks.
Apple, Microsoft and Dell!
There is not much money in domestic accounts. In addition to the royalties from Shengshi Books publishing several of its own books, part of it is dividends from Shengshi Group, which is about more than 9 million yuan. This time the foundation injected capital That accounts for nearly one-third.
Therefore, buying a courtyard house in Yanjing in the name of the foundation will not produce much immediate results, but it will definitely bring in a lot of money twenty or thirty years later.
"Minghua, in the future I want to open a branch in Xiangjiang in the name of Shengshi Film and Television or Shengshi Group." Song Tangtang said suddenly.
"This is okay. You and the Red Army will discuss it carefully. As for business, it will definitely be done overseas. The first stop is Xiangjiang!"
Fang Minghua, who is doing business in Shengshi Company, does not ask questions. His current focus is mainly on organizing the Chinese Literature Award.
After returning to Xijing, he first reported to the leadership team of the Provincial Writers Association about his trip to Yanjing and Shanghai. Although he was actually the main organizer of this award, it was in the name of the Provincial Writers Association after all, so the report should Be sure to report it and seek support from the Writers Association.
Of course, buying a house and some details cannot be discussed.
The next step is to find an office, select staff, purchase necessary office equipment, apply to relevant departments to register the foundation, and prepare for the listing ceremony.
It was busy until early July, the foundation and the jury The office was finally established.
This morning, the backyard of the Provincial Writers' Association was extremely lively. Several vice-presidents and some directors of the Writers' Association who were rarely seen appeared in the yard. Because today is the day for the foundation and the jury office to be listed.
The office location is Fang Minghua’s office in the Writers Association.
The Writers Association house was very nervous. I heard that the planned Writers Association building was far away, so Fang Minghua vacated and cleaned a room with debris in the corner of the yard as one of the offices, and also used his own room.
Lu Yao saw that the two offices were really shabby, so he offered to donate his own office in the Writers Association - he rarely used it anyway. His office is right next to Fang Minghua's office, so there are three rooms, which is barely enough.
Song Tangtang originally suggested that Fang Minghua place the jury office in their Shengshi Group building - the environment there is much better, but Fang Minghua refused after consideration.
The jury has just started to operate. It is best to place the office in the Writers Association compound to enhance its authority and wait until the reputation is established.
The staff is basically in place. The Writers Association and "Yanhe" magazine have transferred a total of four people, including Zhang Yanqian, the editor of the "Yanhe" editorial department.
Zhang Yanqian was originally the editor of the prose and poetry group. When Fang Minghua was the deputy editor in charge of the prose and poetry group, the girl had just graduated from Qin Normal University and was assigned to the magazine, and she admired him very much.
After several years of training, Zhang Yanqian has become a qualified editor. This time, Fang Minghua asked her to come over and simply appointed her as his deputy - deputy director of the Jury Office.
In addition, Fang Minghua specially seconded a financial staff member from Shengshi Company to serve as the accountant of the foundation and office. His surname is Qian, and his name is Qian Huiqin.
Qian Huiqin is about forty years old and very capable. She was carefully selected by Song Tangtang. This account must be handled by her own person and she must be loyal.
Li Hongying also came from Shanghai after graduation. She came by train a week ago. Song Tangtang, as the hostess, even invited her to a restaurant to have a meal to express her welcome.
Accommodation was arranged in the magazine's family building - after Fang Minghua's sister and her family moved to Xingfu Community, this house became vacant, and the couple let Li Hongying live in it as soon as they combined.
Buy some necessary furniture, and also pay Li Hongying a salary of 420 yuan per month. Of course, these funds must be spent from the foundation.
Now, Zhang Yanqian, Li Hongying and several staff members are busy greeting the guests. In addition to the Writers' Association staff, there are also leaders of relevant departments and senior officials in charge of culture and education who are also visiting the scene in person - of course, there are a large number of Media reporter.
"People's Daily", "Guangming Daily", "Qin Province Daily", "Xijing Daily", as well as Qin Province TV Station and Xijing TV Station, the whole courtyard was full of people.
At 8:30, the ceremony began. Hu Cai, a senior official representing the Provincial Party Committee and Provincial Government, Chairman of the Writers Association, and Fang Minghua, the main organizer of the literary award, jointly unveiled the red silk hanging on the two signs at the door, and the audience burst into warm applause.
Immediately afterwards, senior officials and Hu Cai delivered passionate speeches on behalf of the Provincial Party Committee, Provincial Government, and Qin Provincial Writers Association respectively. The main idea was that this is a very memorable day. Our Qin Province, and even China, finally have a project I hope this world-class literary award can be successfully held, with characteristics and standards.
Warm applause erupted in the courtyard again.
After the unveiling ceremony, the senior officials, accompanied by Fang Minghua, visited three offices. Although the rooms were small, the equipment inside was quite advanced.
Computers, printers, and copiers are all available. A fax machine was also purchased, and a wall-mounted air conditioner was installed. A group of leaders looked at it and praised it, but some people criticized it.
"Hey, Chairman Fang, you have computers in your office, why don't you lay out a red carpet? This thing is so delicate."
The corners of Fang Minghua's mouth twitched.
After the leader made a circle, he went back home, and everyone dispersed. However, Fang Minghua still had a very important task, which was to accept a special interview with Guangming Daily.
(End of this chapter)