238: Chapter 238 Family Office Report

Singapore

In the heart of the financial district, where every inch of land is worth gold, an unmarked Grade A office building stood quietly by the roadside.

A bright red Ferrari LaFerrari slowly pulled up in front of the main entrance. As the engine sound faded, the butterfly doors swung upward, spreading out like a pair of red and black wings.

Li Xin stepped out of the car, his posture relaxed and agile.

He pressed a button lightly, and the car doors slid smoothly back into place, sealing perfectly against the body.

The security guard at the door instinctively straightened up, and passing pedestrians cast glances, but no one dared to take a step closer.

The bright red car body reflected against the cold glass curtain wall, carrying an imposing aura of its own.

This building was the location of the Ziweihong Family Office, and he had purchased the property rights with a massive investment.

The office building's exterior was spotless, yet it bore no signage, deliberately erasing all identifiers.

Passing through three levels of security access and entering the interior, Li Xin took the exclusive private elevator directly to the top floor, where the mirrored walls of the car reflected only his solitary figure.

Pushing open the walnut doors on the top floor, he was greeted by a rush of cool air scented with cedarwood.

The entire floor had high ceilings and no partitions, with light gray Italian travertine covering the floor, absorbing the sound of every footstep.

Outside the floor-to-ceiling windows lay the Marina Bay skyline, with double-layered ultra-clear glass filtering the city's hustle and bustle into a silent mime show.

Directly facing the elevator was a wall-sized silk landscape painting, behind which a fingerprint lock was hidden—that was the real office area.

At the end of the corridor, an assistant in an anthracite gray suit bowed silently; beside them, the aroma of aged white tea drifted slowly from an ice-crackle glaze teacup.

Not a single exposed electronic screen could be found in the entire space; all information flowed only on the atomized glass embedded in the desks—a torrent of data when lit, and ordinary wood grain when extinguished.

There was no reception desk, no logo, and even the air seemed to have been meticulously filtered, leaving behind only the coldness and silence of accumulated wealth.

When he pushed the door open, Li Jiayi was already in the conference room, with a thick stack of documents spread out before her and a laptop beside her, its screen glowing with dense tables.

Chen Hu stood by the window, holding a cup of coffee and looking out at the sea.

"You're here."

Li Jiayi looked up at him, smiled, and then lowered her head to turn a page. "Have a seat, I'm just finishing up the last few pages."

Li Xin pulled up a chair and sat down.

The conference room was arranged quite casually: a long table, a few chairs, without that deliberate sense of grandeur.

In the corner was a green plant with slightly wilted leaves; he didn't know if it was from overwatering or the air conditioning.

He glanced at the plant and said nothing.

Li Jiayi finished turning the last few pages, closed the folder, and pushed it to the center of the table.

"Boss, here is the full-year, comprehensive asset summary. Three banks, a three-tier entity structure, and all shareholding details have been compiled. Please take a look."

Li Xin reached out, took the folder, and began to flip through it.

Li Jiayi's layout was as clean as ever, with clear data columns, well-placed charts, and numbers, percentages, and notes arranged row by row.

He read a few lines, flipped back a page, then another, and then stopped, pointing his finger at one of the lines.

"This 116.6 billion USD—is that the combined proprietary capital of the three banks?"

"Yes."

Li Jiayi stood up, walked to the projector screen, and pressed the remote control.

A table lit up on the screen with three columns of numbers neatly arranged. "Honghuang Wealth Bank has over 53 billion, Universe Asset Management Bank has just over 40 billion, and Yansheng Bank has over 20 billion; adding them up gives that figure. It's held in multiple currencies and can be mobilized at any time."

Li Xin looked at that line of numbers without speaking.

His finger still rested on the paper, tapping slowly.

A moment later, he flipped back another page. This page was a detailed list of shareholdings, which was quite long, ranging from NVIDIA to Tesla, Broadcom, and AMD, with one per line, and the shareholding percentage for each was 20%.

"As for the publicly listed companies, have all positions exceeding 4.9% been layered?" he asked casually.

"They have all been split."

Li Jiayi pointed to another page on the screen with her finger. "Everything visible on the surface disclosure platforms is the public shareholding of Xinyuan Capital and Xinghong Holdings, with all ratios kept below 4.9%. In addition, the three banks hold the remainder through independent offshore funds, cross-holding the shares to maximize wealth concealment, with a total shareholding of around 20%."

Li Xin flipped back to the unicorn page.

OpenAI, ByteDance, DJI, miHoYo, DeepSeek, Xiaohongshu, Canva, Origin Qi Forest, Unitree Robotics—they were also one per line, all at 20%.

He reviewed it slowly, while Li Jiayi stood by and waited, neither rushing him nor offering explanations.

Occasionally, someone walked past in the corridor outside the conference room; the sound of footsteps came through the wall, muffled and indistinct.

When he flipped to the third section, Chen Hu walked over from the window, set his coffee cup on the table, and sat down.

Li Xin looked up at him briefly, then lowered his head to continue reading.

This section covered the global operational data of Xin Dun Security.

With over twenty branches, annual revenue had grown steadily; the curve on the chart showed a stable trend, and although the slope wasn't particularly steep, there were no significant dips.

Attached was a distribution map of overseas stations, with red dots marking the branch locations, spanning across the continents of Europe, Asia, and Africa, with quite even spacing.

"What about Xinfeng?" Li Xin asked.

"Equipment procurement, station training, and field drills have all met the standards."

Chen Hu replied, "That batch of 'Changkong' equipment from DJI has already been distributed to all stations. The instructor team reports good results, with stability a cut above the equipment used previously."

Li Xin didn't respond and continued flipping forward.

When he reached the fourth section, he saw a page summarizing the cash flow loop, written briefly in just three or four lines.

Cash from Gold Souk flowed into the three banks; the three banks supported global shareholdings; dividends from the shares flowed back to the Family Office; and the Family Office then allocated funds for security, equipment, and R&D.

He finished reading those lines and closed the folder in his hand.

"The overall layout is stable. No issues."

Li Jiayi stood in front of the projector screen, still holding the remote control.

She looked at Li Xin, waited a moment, and finding he had nothing more to say, asked, "Is that all?"

"That's all."

Li Jiayi put down the remote control.

She walked back to the table and sat down, her chair making a slight sound as it moved.

"Over 320 billion USD in total investments, over 110 billion USD in liquidity, and underlying equity in over twenty leading companies, and all you have to say is 'no issues'?"

Li Xin leaned back against the chair and pushed the folder toward the center of the table.

"The data is correct, the structure is correct, and there's nothing that needs changing. I only speak when there's an issue; why would I say so much if there isn't?"

Li Jiayi looked at him and said nothing more.

She reached out, took the folder, opened the first page, and closed it again with a gentle motion.

"I'm hosting dinner tonight; you pick the place."

Li Jiayi was stunned: "What?"

"Treat the core team to dinner." Li Xin stood up. "You pick a place; it doesn't need to be too formal, just quiet."

Li Jiayi remained seated, looked up at him for two or three seconds, then lowered her head and opened her phone to browse a list of restaurants.

Chen Hu chuckled from the side, said nothing, picked up the cup of coffee that had already gone cold, took a sip, and put it back down.

The dinner venue for the evening was set at a Cantonese restaurant in Marina Bay. The private room was not large, seating about a dozen people, just enough for the core team of Ziweihong.

By the time Li Xin arrived, most people were already there; some were sitting at the table drinking tea, some were standing by the window looking at the night view outside, and some were looking down at their phones.

Once everyone was present, the dishes began to be served. The first was roast suckling pig, crispy-skinned and eaten dipped in sugar. Li Xin picked up a piece, chewed it twice, and when the person beside him asked how it tasted, he said: "Quite good, not greasy."

Li Jiayi sat on his right; she didn't say much all night, occasionally chatting with a colleague beside her about work, but mostly just eating.

A few times during the meal, she wanted to talk to Li Xin about the financial report again, but seeing him slowly dipping a piece of white-cut chicken into ginger-scallion sauce, she swallowed her words.

During the meal, there was a moment when they talked about things outside of work.

A new member asked Li Xin what he did besides reading financial reports, and Li Xin thought for a moment and said: "Read books, occasionally go sit at the club—nothing special."

Someone nearby chimed in, saying it was the one in Shenzhen Bay, which they'd heard was very quiet and suitable for relaxing.

Li Xin nodded and agreed that it was indeed quiet.

As the meal was coming to an end, Li Xin got up to pay the bill. When he returned, he saw Li Jiayi standing in the corridor outside the private room, leaning against the wall, holding a cup of tea, as if waiting for him.

The corridor lights were warm yellow, shining on her face and making her look much softer than when she was in the meeting in the afternoon.

"Does this meal tonight count as the highest recognition you've given the team?"

Li Xin stood beside her, also leaning against the wall. "What do you mean?"

"Just confirming." She took a sip of tea.

"You all did very well; why would I be dissatisfied?"

Li Jiayi held her teacup and said nothing more.

The corridor was quiet for a while; from another private room in the distance, the faint sound of clinking glasses could be heard, muffled by a door, sounding very indistinct.

After a few seconds, Li Jiayi placed her teacup on the windowsill nearby and straightened up. "Then I'll go in and organize everyone; there are still things to handle tomorrow."

"Thank you for your hard work."

She looked back at him, smiled, and then pushed the door open and went in.

Li Xin stood in the corridor for a while longer.

The night view of Marina Bay spread out before him; the lights reflected on the water, shattering into pieces. Occasionally, a boat would slowly pass by, stirring up the fragmented light before it returned to its original state.

He stood there for about a minute, then pushed the door open and went in too.

Later, one day, a newcomer at Ziweihong asked Li Jiayi in private: Was the boss dissatisfied with the performance? He had no reaction the whole time, and it was impossible to tell if he was happy or unhappy.

Li Jiayi was looking down at a document at the time and didn't even look up: "He treated us to dinner. Taking the initiative to treat us is the highest level of recognition, more effective than anything he could say."

The newcomer wanted to ask more, but seeing Li Jiayi turn the page in her hand, they didn't speak again.

The office was quiet for a while, with only the low hum of the air conditioning.

Outside the window, the Singaporean sunlight fell brightly onto the floor, casting a regular patch of light that moved bit by bit toward the west as the sun shifted.

Li Jiayi finished turning that page and paused.

She remembered the conversation in the corridor that night, and Li Xin's words, "Thank you for your hard work."

Three words, with no fluctuation in tone, exactly the same as the countless times he had said "Thank you for your hard work."

But she knew that those three words, spoken in that context, carried more weight than any long-winded summary.

She closed the file, stood up, walked to the window and stood for a moment, then turned and returned to her workstation, reopening the next set of materials that needed processing.