What Comes Around Goes Around

"Then the boss can give me some directions for tracing Xu Jun's hidden property?"

Qian Heng took a sip: "Now what do you know about the company "Tuan Tuan Online" that Xu Jun plans to go public?"

Cheng Yao turned out the business information she found: "I have read it. Since Xu Jun officially received the marriage certificate in China, Tuantuan Online has not experienced any abnormal changes, capital increase and equity changes."

Qian Heng raised his eyebrows: "If I were you, I wouldn't waste time investigating the operation of Tuan Tuan Online. Does Xu Jun look stupid? Does he know that Bai Xingmeng will stare at Tuan Tuan Online?"

"that……"

"Tuan Tuan Online has received four consecutive capital injections from Temasek, IDG, Sequoia Capital, and SoftBank within three years, and the amount of funds raised is approximately US$210 million. It is currently preparing to list on the Nasdaq in the United States."

Cheng Yao nodded: "Well, I've seen these too."

Qian Heng stared at Cheng Yao: "So you read it and it's over? You don't want to think about what information is there?"

Cheng Yao thought, what information is there? Xu Jun and Bai Xingmeng have a prenuptial agreement first. These financings occurred either before the marriage or after the divorce...

"Have you never checked that Chinese Internet companies generally adopt the VIE model if they want to list outside the United States?"

"VIE?"

Cheng Yao was confused and looked at Qian Heng. Qian Heng's mouth twitched. Obviously, if he hadn't paid attention to the image, he might have rolled his eyes at this moment: "VIE is the acronym of VariableInterestEntities, according to the English literal translation. It is a "variable interest entity", which is called "agreement control" in our country, which means that the overseas registered listed entity is separated from the domestic business operation entity, and the overseas listed entity controls the domestic business entity through agreement. The business entity is the VIE of the listed entity."

Cheng Yao came into contact with this new term for the first time, busy taking notes and digesting new knowledge in his mind.

"But why do we need to study the VIE structure? Isn't that what you need to learn when doing company listings and M&A business..."

Qian Heng stopped, and he glanced at Cheng Yao: "What kind of existence is a family lawyer in your heart?"

"Ok?"

"Do you think that family lawyers are really just helping people mediate marriage disputes and investigate derailments all day long? So you only need to understand the "Marriage Law" and add a "Inheritance Law" to death? You don't need to be proficient in other types of laws?" Qian Heng Hun laughed, "The average family lawyer is true, but I am not an average. A truly top and professional family lawyer must also be an excellent commercial lawyer. He is proficient in family law, and also proficient in company law, securities With fiscal and taxation laws, you can provide customers with differentiated services that others cannot replace, expand your service market, and be like me, even if you have a bad temper, others can only pay."

Cheng Yao muttered in her heart, the first time she heard someone say that she had a bad temper in such a straightforward tone...

"You don't understand the business structure, and you don't understand the listing of Internet companies. How can you help the parties investigate the hidden property of the other party?"

"I have sorted out the various holding relations diagrams of Xu Jun's enterprise, as well as the relations diagrams of affiliated companies and subsidiaries. During the marriage, 15 companies were established. Although I don’t know the listing situation of Tuantuan Online, I know Just keep an eye on the 15 companies that can be used as the division of marriage property."

Qian Heng coldly snorted: "Of course you can put all these 15 companies in the list of properties to be re-divided without thinking about it. However, there are still 2 months before the statute of limitations expires. Within 2 months, Try to sort out the financial and equity situation of these 15 companies one by one, and find out which one has what kind of property concealment behavior? Xu Jun is not a fool, he also found a special accounting and tax team, you think it is negative profit How many loopholes can we find in the financial report? Besides, many Chinese Internet companies did lose money before going public."

Cheng Yao bit her lip and said nothing.

"So we must find out which one or two of these 15 companies play a crucial role in the online listing of Tuantuan, focus on investigating and collecting evidence, and make good use of the critical time node of listing."

"Okay, you really don't understand anything." Qian Heng frowned. "Then I will give you the idea from scratch. First of all, why did Xu Jun choose to list in the US instead of China? Do you know that? "

"I know this! Because if Tuantuan Online wants to be listed on the domestic stock market, it must meet the requirements in terms of income scale and profitability. However, Internet companies may have suffered losses in the early stages, including the long review of domestic listings. It is complicated, so many companies will transfer to overseas listing."

After Cheng Yao answered, Qian Heng's expression finally looked better: "It looks like you can still rescue it."

"..."

"Then Chinese companies choose to list overseas. There are usually two models. One is that domestic companies are listed overseas directly, but the direct listing needs to meet the net assets of more than 400 million yuan, and the after-tax profit in the past year was 60 million yuan. Above RMB, and the standard of raising funds above 50 million U.S. dollars. These, you should also know that the income scale of Internet companies cannot be reached, so you can only seek another indirect listing model, which is to transfer assets To holding companies established in tax havens such as Cayman and the Virgin Islands, they use the VIE structure to go public."

Cheng Yao listened attentively, and subconsciously asked: "Then what then? How exactly is the structure of VIE listed indirectly through these tax haven holding companies? What impact will it have on Xu Jun and Tuantuan Online? Why study the VIE structure Will it be a breakthrough point for finding hidden property?"

"My food is cooked for you, do you want me to feed you?"

"..."

Qian Heng snorted coldly: "I have pointed out the direction for you. You can check the rest by yourself. If you want to be an excellent lawyer, independent thinking and research skills are essential. Don't always think about being a party. ."

Cheng Yao nodded in shame.

Although Qian Heng was trained by Qian Heng, Cheng Yao was convinced this time.

Qian Heng has a bad temper, and his boss is sick, but his business ability is really strong. Cheng Yao sees the huge gap between himself and him. In front of Qian Heng who is talking about work and professional issues, he is really only worthy of doing one. A shivering weak chicken, Cheng Yao was very convinced by the training of a capable person.

"and many more."

At this moment, Qian Heng stopped Cheng Yao who was about to return to the room: "I am used to eating a little fruit an hour after a meal."

"There are apples, kiwis and bananas I bought in the kitchen. You can eat as you please."

Qian Heng didn't move at all: "Oh, I just told you so long, I'm thirsty."

Cheng Yao stared at Qian Heng with wide eyes. She paused, and then tentatively said: "What you implied is not what I thought, right?"

"That's what you mean." Qian Heng looked back at her without shame, "I'm tired and can't walk anymore."

My friend, the distance from the kitchen to your current table is only a dozen steps away! With your height and leg length, it only takes a few steps! ! ! I bought all the fruits for you! I really want me to cut it up and feed it to your mouth! ! Didn’t you just say, don’t be a party? ! Is such an obvious double standard really possible!

Just when Cheng Yao was slandering inside, Qian Heng's demonic voice rang again.

"Do you want to ask me again next time?"

OK, OK, you have the final say!

Cheng Yao didn't feel entangled in an instant. She went to the kitchen to cut the fruit for Qian Heng. It will be a long time in Japan. Qian Heng was right. This is all about green economy now. Cheng Yao decided that she should also take the path of sustainable development.

She decided to treat her boss better in the future, which is like saving. Sooner or later, with zero deposit and lump sum withdrawal, she should be able to get a larger return from Qian Heng!

——

With Qian Heng's guidance, Cheng Yao immediately felt that her thinking was more open. The next day she went to work, she immersed herself in consulting the relevant legal knowledge of VIE.

She was so attentive that she didn't even know that another partner, Wu Jun, returned to the office.

"Wu Par walked past you just now. He seemed to have stopped when he walked to your table. You didn't notice it at all?" Tan Ying moved to Cheng Yao's side, "Today Wu Par uses the land of Hermes. , This smell is really stress-free for him to control..."

Wu Jun did not stay in the large office area as usual today. Because he does not bring a team, he never assigns jobs or trains people, and has a pair of pretty romantic eyes, although there is no such thing as Qian Heng. He looks like a man, but he speaks witty and witty, and he is tall and upright, and he is very popular in the place.

He went straight into Qian Heng's office.

"Knock on the door."

What greeted Wu Jun was Qian Heng's unequivocal two words.

"Do we still need to knock on the door? It's the friendship that we slept together. It's you, not even one of my text messages. But although you don't love me, I still love you deeply. Look, this I bought you the chocolate specially in Belgium."

Qian Heng watched him put down the chocolate, still looking cold.

Wu Jun has long been accustomed to Qian Heng's style. After he finished speaking, he didn't mind. He smiled and dragged a chair directly and sat down opposite Qian Heng: "Cheng Yao, I saw her."

Qian Heng finally raised his head, and he snorted coldly: "This is why you sent me "I miss you", miss me? Huh."

"Cheng Xi’s sister, I’m very curious. I took a special look just now. It’s different from Cheng Xi’s intellectual and beautiful style, but she looks really beautiful." Wu Jun smiled, "It’s a bit of a red face, fortunately for me. I didn’t know it and I didn’t know it. No matter how good I was, I’m afraid I’m going to be jealous in the office.”

"I didn't think it, I just look good."

"This is the first time you have commented on someone'okay'." Wu Jun smiled meaningfully, "So is this the reason you put her in your team?"

Qian Heng put down the documents in his hand: "Of course I have to put in my team to take care of the related households who come in from your line."

Wu Jun spread his hands and said, "Cheng Xi pleased me. Although her sister's resume is not particularly good, but there is no serious injury, I will help, after all, the younger sister of my own school girl."

Qian Heng hummed and said: "Is it easy to help? I don't know your selfishness. But why doesn't Cheng Yao know that he is a related party?"

"Cheng Xi didn't want to hit her self-confidence, but wanted to make her feel that she was Jun Heng who made her own progress, so she asked me to keep it secret."

Qian Heng pursed his lips: "You know how I hate related households."

Wu Jun played with the decorations on Qian Heng's desk and changed the subject: "I heard that you let Cheng Yao be responsible for finding clues about Xu Jun and Bai Xingmeng's concealed property in the divorce case? Although you can take a closer look at this kind of thing, I can see where there is a problem, but it is too difficult for a new person to check it, not to mention that she has just joined the job."

"It was because she had just joined the job that she was asked to check it."

"Ok?"

"If the probation period is opened like this, the financial compensation paid is relatively small."

"..." Wu Jun was speechless, "Such a beautiful girl, how seductive is in the room, what are you doing so against her?"

"I don't keep a vase." Qian Heng said coldly, "Before get off work today, she couldn't understand the meaning of VIE and couldn't find the direction of the current case, so I fired her on the grounds that she was not qualified for the job."

"No clues or pointers?"

Qian Heng was stunned. He thought of "opening a small stove" to Cheng Yao last night, but he still opened his eyes and said nonsense with a cold face.

"No."

"Qian Heng, you are so cruel, be careful not to find a target until the sperm is inactivated."

Qian Heng pursed his lips: "I am not maritalistic, and I don't like children even more."

"You are giving yourself an excuse for not finding someone!"

"Wu Jun, you..."

However, before Qian Heng had finished speaking, he was interrupted by a sudden knock on the door.

Before Qian Heng could react, Cheng Yao appeared at his door with an uncontrollable excitement on her face, which made her bright black eyes glow, and Qian Heng only looked at her He glanced at his face and turned his head subconsciously.

At that moment, only the words "beautiful beauty" flashed in his mind.