As the saying goes, "Brothers who fight tigers, fathers and sons fight in battle." This is true on the battlefield and the mall.
Killing for decades, worth tens of billions of dollars, the big guys who have already made a name for themselves in the business world are tired and tired. I urgently hope that the next generation will take over, but the story of the tiger father without a dog is not staged, but the performance of the rich second generation is shocking.
Compared with the older generation Qin Sixin, Wang Jianlin, Zhang Jindong, and Zhang Li, the rich second generation such as Qin Fen, Wang Sicong, Zhang Kangyang, and Zhang Liang have difficulty in having a highlight, but they have caused a lot of trouble.
"Shanghai Emperor" Qin Fen was fined 600,000 for insider trading with 50 million yuan! He said "buy it like buying a lottery ticket"
Qin Fen was born in July 1988 and currently lives in Changning District, Shanghai.
Qin Fen’s Weibo is named Qin Fen King, and the certification information is: Chairman of Shanghai Fenrong Investment Company, investor of KING E-sports and Basketball Club; at present, its account with 10.72 million fans has not been updated for more than 5 months, and has set up a Weibo that only displays within half a year.
According to the Securities Times, "Qin Fen's Weibo name is King, and he is a famous rich second generation in Shanghai, so the outside world has the title of "Shanghai Emperor"." said a person who is concerned about the dynamics of the entertainment industry.
Compared with Qin Fen, Qin Sixin is less exposed to the media. According to the penalty decision, Qin Sixin (a resident of the Hong Kong Special Administrative Region), born in November 1961, address: Happy Valley, Hong Kong.
Recently, an administrative penalty decision issued by the China Securities Regulatory Commission revealed the insider trading case related to Xinmao Technology, which was known as the "Hui Emperor", and his father Qin Sixin, participated.
Regarding the transaction situation of its own account, during the investigation by the China Securities Regulatory Commission, Qin Fen said that he had no interest in the capital market and did not know the basic market concept. He randomly looked at the market software and saw the stock "Xinmao Technology". He had never done any research. He bought it like buying a lottery ticket and made a decision based on his feelings. Qin Fen said that his securities account was placed by his assistant using a laptop computer, and the computer was lost while playing basketball in Tianjin.
CSRC pointed out that Qin Sixin met with insider Xu before the disclosure of insider information, and at the same time transferred large amounts of funds to his son Qin Fen's three-party deposit bank account. On the same day, Qin Fen transferred large amounts of funds to the "Qin Fen" securities account and bought a large amount of "Xinmao Technology". Qin Fen's explanation of the reason why he bought "Xinmao Technology" is not enough to reasonably explain the abnormality of his transaction...
Judging from the account transaction situation. From January 1, 2016 to the time of the China Securities Regulatory Commission's investigation, Qin Fen's securities account only bought two stocks, "Xinmao Technology" and "Sanfu Outdoor", of which 20,000 shares of "Sanfu Outdoor", with a purchase amount of 1.33 million yuan; 6.7815 million shares of "Xinmao Technology" were bought, with a purchase amount of 50.1789 million yuan, without profit. The time for buying "Xinmao Technology" in the "Qinfen" securities account is from March 1 to 7, 2017. "Qinfen" securities account trading "Xinmao Technology" has the characteristics of concentrated buying time, significantly enlarging the transaction amount, and buying large amounts as soon as the first purchase is purchased.
Although Qin Fen said that he was not interested in the capital market and did not know the basic market concept, he saw the stock "Xinmao Technology" casually by looking at the market software. He had never done any research and bought it like buying a lottery ticket, and made decisions based on his feelings. Qin Fen said that his securities account was placed by his assistant using a laptop computer, and the computer was lost while playing basketball in Tianjin.
However, after the investigation by the China Securities Regulatory Commission, Qin Sixin met with insider Xu before the disclosure of insider information, and transferred large amounts of funds to his son Qin Fen's three-party bank account. On the same day, Qin Fen transferred large amounts of funds to the "Qin Fen" securities account and bought a large amount of "Xinmao Technology". Qin Fen's explanation of the reason why he bought "Xinmao Technology" is not enough to reasonably explain the abnormality of his transaction.
"The above illegal facts are proven by relevant announcements, emails, communication records, loan contracts, M&A fund business related information, securities account information, bank statements, situation statements, and relevant personnel inquiry records, which are sufficient to be determined."The penalty decision shows that the above-mentioned behaviors of Qin Sixin and Qin Fen violated the relevant provisions of the Securities Law of 2005 and constituted the illegal act of "those who illegally obtain insider information shall buy and sell the securities before the issuance, transaction or other information that has a significant impact on the price of the securities."
According to the facts, nature, circumstances and degree of social harm of the parties' illegal behavior, according to Article 202 of the Securities Law of 2005, the China Securities Regulatory Commission decided to impose a total fine of 600,000 yuan on Qin Sixin and Qin Fen.
Wang Sicong's Weibo account has been blocked
Wang Si, who is also active in Shanghai, known as the "Secretary of the Discipline Inspection Commission" in the entertainment industry. Cong was also in trouble, and even the Weibo account that fired the gun had been blocked.
Looking back at Wang Sicong's investment path, whether it was Panda TV with the biggest thunder or the Banana Plan with ambition, although the whole process was as eye-catching as him, it seemed that it would inevitably end up in a bleak end.
1, Panda Live Bankruptcy Liquidation
Panda Live received much attention at the beginning of its launch. In a short time, Panda Live attracted big-name anchors such as SKY, Li Xiaofeng, Hearthstone Prisoner, Sol Jun, LOL Big Breast Strong, and other celebrities. There were also stars such as JJ Lin, Lu Han, Chen He, Lin Gengxin, Angelababy.
Panda Live's initial financing was very smooth, 2 In November 2015, millions of angel round financing was completed, 650 million yuan of A round financing was completed in September 2016, and 1 billion yuan of B round financing was completed in May 2017. However, in the eyes of industry insiders, the lack of strong cash flow has laid hidden dangers for Panda Live's future development, making it "deficient" in the competition. Relevant data from
shows that since its establishment, Panda Interactive Entertainment has seen a loss amount rising year by year, with losses from 2015 to 2017 of about 50 million yuan, 500 million yuan and 800 million yuan respectively.
Panda Interactive Entertainment received the last 1 billion yuan financing in May 2017 and no financing news. Its competitors Huya and Douyu were listed in the United States in 2018 and 2019 respectively, and announced a joint venture on October 12, 2020. And.
Since then, Panda Interactive Entertainment has been in negative news that it has been arrears of wages, tight capital chains and even will be acquired.
In March 2019, Panda Live officially announced its bankruptcy and dismissed its employees. Since then, due to disputes with Panda Interactive Entertainment investors, Wang Sicong was listed as the person subject to execution by the court many times. It was not until the end of December 2019 that the restriction order was gradually lifted.
On January 28, 2021, the Shanghai Bankruptcy Court stated at a press conference that Wang Sicong's "Panda Interactive Entertainment" has completed bankruptcy liquidation, and nearly 9,000 items of inventory were sold for 31 million yuan. The inventory part is the out-of-print peripherals of Panda TV. The premium rate is as high as 991%.
2. Banana plans also open high and close low The company has decided to dissolve
Like Panda Live, Banana Plan also opened high and closed low. When Panda went bankrupt, many anchors asked Wang Sicong for salary on Weibo, and the same thing happened to Banana Plan.
In June 2015, Wang Sicong founded Banana Plan Culture Development Co., Ltd. in Shanghai, which includes Banana Plan Electronic Game Co., Ltd., Performance Brokerage Co., Ltd. and Sports Culture Co., Ltd.
As early as December 7, 2020, screenwriter Liu Xiaofeng posted a message through social media, publicly asking Wang Sicong for salary, saying that he was owed 800,000 yuan in copyright fees by Wang Sicong's Banana Pictures. He once recorded a video and begged CEO Wei Xiangdong, but the matter still failed to be resolved.
According to public information, the status of Beijing Banana Plan Sports Culture Co., Ltd., a subsidiary of Wang Sicong, has been changed to "revoked", and the reason for the cancellation is "resolution dissolution", and the cancellation date is April 14, 2022. It is reported that Wang Sicong is the actual controller of Banana Sports, and his final earnings shares are 61.1%.
3, Wang Sicong Weibo account
On April 27, some netizens found that Wang Sicong Weibo account was blocked. At present, the Weibo page shows that "the account cannot be viewed because it is complained about violating laws and regulations and the relevant provisions of the "Weibo Community Convention", and its account is still displayed as being banned.
On April 19 this year, Wang Sicong Weibo account was banned for violating relevant laws and regulations.
banned and the account blocked series of incidents will start from April 14. On the 14th, Wang Sicong forwarded a questioning whether the World Health Organization has recommended Lianhua Qingwen Capsule Weibo.
Yiling Pharmaceutical responded to Wang Sicong's doubts on the afternoon of April 16. "The relevant person in charge of Yiling Pharmaceutical" expressed his opinion to "Chinese Entrepreneurs": "The company has never expressed on any occasion that 'WHO recommends Lianhua Qingwen'." "The above-mentioned person in charge explained that the WHO recognizes the efficacy of traditional Chinese medicine, including Lianhua Qingwen, on the new coronavirus."
On the weekend, Dingxiang Doctor "she published an article "Don't eat Lianhua Qingwen to prevent the new coronavirus", which instantly flooded the screen. In the article, Dingxiang Doctor publicly stated that Lianhua Qingwen cannot prevent the new coronavirus, and called on people not to take medicine randomly when they are not sick, and the same is true for Lianhua Qingwen.
April 20th afternoon Yiling Pharmaceutical held a public media briefing, and the company's executives responded to five major hot issues of public opinion, including clinical research on Lianhua Qingwen, adverse reactions and contraindications. Wu Rui, secretary of the board of directors of Yiling Pharmaceutical, said that he would continue to track the development of the situation. For some acts of slandering the company and publishing false information, the company has retained evidence and reported to relevant departments, and will protect its legitimate rights and interests through legal means.
Zhang Kangyang's business journey has a long way to go. Former Jiangsu players collectively demanded salary
Suning is gradually declining, and Zhang Kangyang, as the prince of Suning, has not had much better days.
At 3 am on May 12, Beijing time, the Italian Cup final was staged in Roma, the capital of Italy. Finally, after 90 minutes + 30 minutes of overtime, Inter Milan defeated Juventus 4-2, and won the championship of the event again after 11 years. The club is very happy. After the game, the extremely happy Inter Milan boss Zhang Kangyang made a speech on the social platform. This was originally a normal thing, but the hot comments below were that former Jiangsu players collectively demanded salary.
In 2020, after the Jiangsu team won the first Chinese Super League championship, The team was caught in the wage arrears, and the team was disbanded, which was extremely bad, and even alarmed the AFC. To this day, more than a year has passed since the disbandment of this champion team. These players are still asking for wages online, which has attracted high attention from netizens.
Zhang Kangyang's performance in other businesses was mediocre.
Zhang Kangyang mainly holds three major businesses: Suning International, Carrefour China, and Suning Small Store.
Suning International is still struggling. The market share data of China's cross-border e-commerce platform released by iMedia Consulting shows that Koala Haigou accounts for 27.7% of the market share, Tmall International accounts for 25.1%, Dolphin International accounts for 13.3%, and Vipshop accounts for 9.9%. Suning International is combined with other small platforms such as Ocean Shopping Network and Ao Buyer. It occupies a small remaining market share.
Carrefour China is also closing stores. Carrefour in Zhengzhou, Shanghai, Suzhou, Chengdu, Anshan and other places has successively closed stores.
After Zhang Kangyang took over Suning Store, Suning Store ushered in a wave of closures. According to media reports, last year, Suning Stores have closed from more than 5,000 at the most, to more than 1,400, and plans to reduce to about 1,000.
More importantly, Zhang Jindong's series of actions have caused people from Suning to lose their voice in this alternation of power.
On July 29, 2021, Suning.com issued an announcement, officially announcing the list of the new board of directors of Suning.com. Huang Mingduan, Xian Handi, Cao Qun, and Zhang Kangyang were elected as non-independent directors of the company. At the same time, Huang Mingduan was elected as the chairman of the company and Ren Jun was the president of the company.
No matter from any aspect, Zhang Kangyang has a long way to go in business.
Real estate commercial bills have a redemption crisis
0 Zhang Liang, who has always been smooth sailing, had a prosperous business in his early years with the help of Zhang Li, the co-chairman of R&F Real Estate Group in his father, in his early years. However, with the changes in the top logic of the real estate industry, Zhang Liang and the real estate he founded encountered unprecedented difficulties.
Zhang Liang was born in 1981. His father was Zhang Li, the co-chairman of R&F Real Estate Group, who devoted himself to the real estate industry in 1993. Zhang Liang was born in such a family and would naturally be influenced by a certain degree. Zhang Liang also went to Canada for further studies.
In 2003, Zhang Liang returned to China and, with the support of his father, founded Hengliang Construction Group, which is a real estate supporting comprehensive group, where Zhang Liang serves as a shareholder and director.
In 2006, Real Estate was established, and Zhang Liang also entered the real estate industry; in 2007, he founded the online 3D sales consulting platform Sniper House Network; in 2012, he obtained 70.8% of the equity of his father Zhang Lilixing Mining and became the actual controller; at the end of 2014, Zhang Liang founded black hole investment again.
Until 2015, Zhang Liang's real estate development was not outstanding, with sales of only more than one billion yuan, which is not outstanding for real estate companies with revenues of tens of billions. In September 2015, Zhang Liang led the company to acquire several comprehensive land areas in Guangzhou, and then the sales of real estate increased significantly. In 2017, sales rose sharply to 21.8 billion.
However, after the rapid development of Shidi Real Estate, it has brought some negative impacts. At the end of 2017, the company's net debt ratio reached an astonishing 3809%. Although it has declined in recent years, it is still higher than normal levels. Such a high debt ratio has brought great pressure to Tensor and the company.
Starting from May 2021, it was revealed that the commercial bill was overdue; in August, the bill reached an extension agreement with the holder. Recently, it was revealed that the extension agreement was not able to be fulfilled on the spot. The actual controller of
is Zhang Liang, the son of Zhang Li, co-chairman of R&F Properties. R&F has announced that it has no equity relationship with Shidi, no financial loans or debt guarantee arrangements. However, the issuance and circulation of commercial bills on the spot is indispensable for R&F's invisible endorsement.
The holder's anger was aimed at the tension. Recently, several ticket holders jointly reported Zhang Li with their real names. Report letter inquiry - Why does the amount of 1.2 billion yuan raised in the field commercial bill have no real trade background, why does it not pay taxes, and whether it is a detour to transfusion of R&F Properties.
On December 10, Shidi Group's official website issued a statement saying that the company's business is in good condition and will "adher to the principles of good communication, reaching understanding and win-win results, attach great importance to the legitimate rights and interests of partners, and support reasonable and legal expression of demands."
This article comes from the financial industry website
