Ma Yun and the others hope that the news will be weakened in the future and that Alibaba's tenth anniversary can have a little effect.

But Li Dong didn't have the heart to consider them.

...

On September 9, Li Dong met with his own team of personal lawyers at the hospital.

What to talk about?

Talk about the will!

Making a will does not mean anything. Foreigners like to make a will when they are young and when their children are born.

But they are all ordinary people. Even if they are rich, they are still ordinary people compared to Li Dong.

However, Li Dong's personal lawyer was actually shocked when he heard that Li Dong wanted to make a will.

Domestic entrepreneurs rarely make wills even when they are old.

This is a habit, and domestic entrepreneurs are somewhat taboo about this statement.

This is also the reason why many companies and families experience civil strife when the older generation leaves.

If Xu Jianghua had made a will early and Longhua would have been handed over to Xu Rulong, then the situation might not have happened.

Although internal struggles may be inevitable, the righteousness is there, and the fight will turn into a tragic situation, which is actually very rare.

When he heard that Li Dong was about to make a will, the lawyer opposite was shocked first, and then hurriedly said: "Mr. Li, then your idea is..."

Li Dong had obviously considered it and said directly: "The industries under my current name are actually almost all under the name of Yuanfang Holdings Group.

As for Yuanfang Holdings, I personally had 90% of the shares and my parents held 10% of the shares.

However, the outside world has not been very clear about these news, and I always thought that I was in charge of Yuanfang Holdings Group alone."

Many of the industries under Yuanfang are actually not sole proprietorships now.

Needless to say, even those that are not listed, Yuanfang Retail, Yuanfang Mall... these industries are not solely owned by Li Dong.

However, whether it is a sole proprietorship or not, these industries are under the name of Yuanfang Holdings Group.

Yuanfang Holdings Group is 100% controlled by the Li family.

Li Dong continued, saying, “Now that my daughter was born, I want to make some changes.

After all, you should be clear about some things. I don’t hope that one day in the future, my sudden death will cause some chaos.

So, while I can still make decisions and be clear-headed to talk to you, I will give you all the things I should settle.

Actually, it is not a will. Before I passed away, these treaties had entered the legal process and had legal effects and could be implemented."

The lawyer nodded in understanding. This kind of thing is indeed very common.

But I was still a little confused, why are you so anxious?

Besides, what if you have other children in the future?

Li Dong didn't care about their thoughts and continued: "I think so about this change. My parents continue to hold 10% of the holding group.

My lover will hold 5% of the group's shares.

My daughter Li Le also holds 10% of the shares.

In addition, Yuanfang Holdings is planning to divest 5% of its shares and enter a charitable foundation to maintain the foundation's operations.

This was the case before, but it was not justified. I hope it can be implemented this time.

Also, I am planning to establish a family trust fund, with 20% of Yuanfang Holdings and enter the operation of the family trust fund.

If I have another child in the future, I will no longer allocate group shares during my lifetime, but the family trust fund can meet all their needs.

After the establishment of the family trust fund, the first beneficiaries, in addition to my family, also had two adopted daughters.

They each enjoy the income generated by 2% of the shares in the family trust fund…”

Li Dong was still narrating, while the lawyer was recording and thinking about other things.

Li Dong's parents are 10%, daughter is 10%, wife is 5%, charity fund is 5%, family trust fund is 20%, just half of the shares are divided, and Li Dong continues to hold 50% of Yuanfang Holdings' equity.

The lawyer didn't know if Li Dong was afraid of losing control of the group or was still waiting for the real successor.

After all, his daughter has 10%, although not a small amount, compared to the huge distant business empire, there are already many.

But 10%, such a small amount of shares cannot take over the distance.

Li Dong still owns half of the capital and can re-select a successor at any time.

Just when the lawyer was considering these, Li Dong said: "In addition, the shares of the family trust fund, the shares of Yuanfang Charity Fund, and the voting rights of these shares are all exercised by the chairman of Yuanfang Holdings.

My daughter's equity was exercised by my lover before she became a minor.

When I became an adult, I gave it to my daughter.

besides……"

When Li Dong said this, he paused before calmly saying, "Also, if before this, I passed away unexpectedly because of some sudden accidents.

Then my family only owns the right to earn the shares, but does not have other rights.

After I passed away, the shares I held were handed over to the Yuanfang Board of Directors to take charge of them."

As soon as these words came out, the faces of the lawyers on the opposite side changed slightly.

This has a bit of a lot of meaning.

After half of the shares were allocated, Li Dong still held 50% of the shares, plus 25% of the shares of the family trust fund and charity fund. In fact, Li Dong could still hold 75% of the group's shares at this time.

It can be said that he is still alone in the distance.

But Li Dong said that after his death, his family only had the right to gain income for these 75% of the shares, but the management rights were handed over to the board of directors of Yuanfang.

This also means that once Li Dong passes away, his family, including Shen Qian, will not be able to take charge of the distance.

The one who can truly grasp the distance is the board of directors!

However, after thinking about it, the few people sighed again that Li Dong's arrangement can be said to have maximized the protection of his family.

Once he passed away unexpectedly, it would be impossible for such a huge commercial group in the distance to say that no one was moved.

Not just private, such a huge business empire will have serious consequences if Li Dong passes by unexpectedly, when the turmoil occurs.

At critical moments, the government must also come forward.

If the Li family insists on taking over at this time, no one will agree.

But Li Dong directly eliminated their hopes and handed over the management power to the board of directors, which was controlled by the board of directors in the long-range board of directors.

At this time, his family only enjoyed the benefits brought by these equity.

Sometimes, money is not the most important thing, the key is influence and other things.

To benefit the Li family, even in order to maintain the stability of the group, the board of directors dare not make any moves.

Many times, what others see is not the final gain, but the process and the control of power.

In this way, Li Dong's family made a profit, and although they lost control from afar, they could still get a lot of wealth.

To put it directly, it is similar to some royal families abroad.

For only one day, Yuanfang Group has to support the Li family and have to support them for their fame or power.

The lawyer recorded all these, and Li Dong continued: "The content of this will is kept confidential for the time being.

Moreover, I have not only done this on your side, but also some world-renowned law firms and notary agencies have made backups.

Until I changed it, the content was consistent.

If I make changes, I will notify each company, which can be considered as mutual supervision.

You first formulate the content of the agreement. Donations of family trust funds, including Yuanfang Charity Fund, require a lot of procedures, and it will take some time for me to process it.

I'll sign it when I'm done."

Lawyer Chen responded, and after Li Dong explained this, he sent everyone away.

When they left, Tan Yong quietly entered the door.

Li Dong reached out to signal him to sit down, and said for a moment: "I will not hold shares of Longhua and Longhu for a long time.

When the market is positive, I will gradually cash out after the impact of this period.

Some shares in Teng Xun and Weibo will be cashed out.

I will no longer invest this money myself. During this period, you can help me pay attention to it and select some international trust institutions with a long-established and well-known reputation.

At that time, all this money will be invested in trust funds.

And the beneficiary…”

Li Dong paused for a moment and said slowly: "Leave it to them. No matter what the future is, it will be a fight with me in the end.

But don't tell them, you can find a way to complete the procedures.

There is still time, you can choose slowly or disperse it. You don’t need to tell others about these things, do you understand?"
To be continued...