laitimes

Sima Nan: Liu Chuanzhi's negative list is discussed one by one and asked Mr. Yang Yuanqing of Liu Chuanzhi for advice

Sima Nan: Liu Chuanzhi's negative list is discussed one by one and asked Mr. Yang Yuanqing of Liu Chuanzhi for advice

Text / Sima Nan

An old friend of mine who was a high official spoke out again about the Lenovo incident, and although it was not thorough, it was a great improvement over the previous ones, and I sincerely agreed with some of his statements: All we do is to hope that the country will see "where the real risk of lenovo is" and then solve specific problems.

Some people deliberately manipulate the media, incite public opinion, try in vain to stir up the concerns of the masses, and distort everyone's reasonable doubts about lenovo as "a movement", which is unacceptable to my old friends and I.

Some people are curious to ask, why do you have to associate with it? People associate you to annoy you? Hey hey, the reason why I pay attention to Lenovo is the result of the active touch and inspiration of Lenovo's relevant parties.

That was after Didi suddenly went public in the United States on a special day, and I did several episodes of the show about Didi's surprise listing. Lenovo a certain Jun under the post to invite me to dinner, Beijing people set up a meal is too common, eat to eat, he turned two corners and asked me how much money? ......

Sima Nan: Liu Chuanzhi's negative list is discussed one by one and asked Mr. Yang Yuanqing of Liu Chuanzhi for advice

This can scare me, many years of experience in the struggle of the jianghu reminded me, this meal can not be eaten casually, and then there are old friends who know the roots of the old friend to play the guarantee ticket, association has no other meaning, think that a celebrity like you came forward, how can there be an appearance fee... The was comfortable to hear, and as soon as the roots of my ears softened, I went. As usual, the Mid-Autumn Festival is coming, and a box of mooncakes was delivered after the meal.

That's it.

Back in the study, I thought it was a little weird.

Recalling that at the dinner table, Lao Liu's subordinates, in addition to enthusiastically praising the Sect Leader Taishan Beidou's endless flames, focused on telling me that "Didi has nothing to do with association."

Oh yo, go online Barabala, and find that this is not the case at all.

As a result, Lenovo was taken as the main topic by me.

Hurry, in a few days, Lenovo Science and Technology Innovation Board day trip, to the Lenovo topic added commentable. Southern Weekend Review editor-in-chief Yan Lieshan, about the text of Lenovo, I quoted it in the program, as if it was an introduction, brewing the next 7 episodes of the program.

Sima Nan: Liu Chuanzhi's negative list is discussed one by one and asked Mr. Yang Yuanqing of Liu Chuanzhi for advice

I don't have any personal grudges with Lenovo executives such as Liu Chuanzhi, and a relative of Grandma Wang's family next door has been working at Lenovo for many years, and she praises Lenovo's treatment. Therefore, I criticize and question it from the public heart, and only hope that lenovo will have a reply to the major concerns of netizens.

Unfortunately, they seemed to like to collude only in private, and they even resorted to me the secret trick of "sponsoring the research of patriotic scholars, sponsoring lectures of patriotic groups, and sponsoring red tourism.". After the whole memorandum and asking me to agree, Liu Chuanzhi's female secretary (now vice president) appeared at the tea table.

This is also too obvious, and it is clear that I am caught in injustice.

To answer the concerns of netizens, there is no need to sneak around and discuss the development of national enterprises, and there is no need to invite me so solemnly and formally.

Sometimes humble and courteous, sometimes arrogant, the act of association is quite confusing.

Forget it, these are not the main problems.

The real key questions are as follows:

Summarizing some of mr. Mingde, Mr. Tao Yong, Mr. Zhang Jie and some of my own stupid ideas, including some of the opinions of netizens, I calmly recounted, hoping to hear Mr. Liu Chuanzhi Yang Yuanqing's reply.

These questions are not complete, and netizens are welcome to add them.

First, on the issue of Legend Holdings

1. The loss of state-owned assets involved in the restructuring in 2009

Leaving aside the so-called "original sin" of the restructuring of Legend Holdings in the 1990s, I just want to ask whether this restructuring after the formal implementation of the "Enterprise State-owned Assets Law" has caused the loss of state-owned assets.

Why is The appraisal value of Legend Holdings only 1.2 times that of its net assets?

Why set harsh transfer conditions – tailored only for the pan-ocean of Taishan Society member Lu Zhiqiang?

In 2012, Did Oceanwide transfer 8.9% of the shares of United Holdings to Join hands violate Oceanwide's five-year commitment not to transfer its shares?

What is the transaction price of this transaction, and is there any benefit in it?

(Remarks: According to titanium media reports, Lu Zhiqiang transferred the 8.9% stake at a friendship price of no more than 15% of the annualized income.) According to a rough estimate of net assets at the end of 2011, Lu Zhiqiang sent at least 300 million yuan to the latter in vain, the reason is unknown)

Does it mean that as long as private enterprises pass through one hand and then transfer them to private individuals, they will not involve the loss of state-owned assets?

In addition, has Oceanwide's 16.98% stake in Legend Holdings been pledged?

If there was indeed a loss of state-owned assets in the restructuring that year, could this part of the equity that was sold at a low price be re-nationalized?

2. Do P2P platforms such as P2P lending have the risk of thunderstorms?

Legend Holdings holds six small loan licenses, how many P2P assets do it still have?

Sima Nan: Liu Chuanzhi's negative list is discussed one by one and asked Mr. Yang Yuanqing of Liu Chuanzhi for advice

How much of the balance of the pterodactyl loan platform that the masses care about is still outstanding? (There are no less than 10 billion as of 2020) Who is transfusing it to keep it from thunderstorms?

And through what channels was the transfusion funds transferred?

Is there any irregularity in this?

The non-performing rates of Zhengqi Financial at the end of 2017, the end of 2018, the end of 2019 and March 2020 were 6.06%, 7.04%, 5.62% and 5.88% respectively, which is much higher than the red line of 2% of commercial banks. Legend Holdings' 2021 interim report shows that the total cash flow is -10.3 billion yuan, considering that its new debt has not been issued, is the cash flow tight?

Can the funds lent by the bank to Lenovo be recovered smoothly?

3. What were the reasons for the acquisition of International Bank luxembourg?

Why did Legend Holdings go thousands of miles to Luxembourg, a small European country known for its "money laundering", and buy this Luxembourg international bank at a high price, and what is the reason?

4. What is the relationship between Legend Holdings and Didi Chuxing?

Is there any other connection between Legend Holdings and Didi's company, which jointly controls Hyundai Property & Casualty, and Wang Yusuo, a non-executive director of Legend Holdings, who is also an independent director of Didi?

5. With the high salary of state-owned assets as the largest shareholder, is it reasonable for The largest shareholder of Legend Holdings to be the largest shareholder of Legend Holdings is still state-owned, is it reasonable for Chairman Ning Min, CEO Li Peng, and former CEO Zhu Linan to take an annual salary of more than 50 million yuan per capita? Is there a regulatory gap? Is its root cause controlled by insiders?

Sima Nan: Liu Chuanzhi's negative list is discussed one by one and asked Mr. Yang Yuanqing of Liu Chuanzhi for advice

Second, the question of Lenovo Group

6. Is it reasonable and legal to be insolvent and still receive sky-high salaries? Lenovo Group's debt ratio is more than 90%, net assets of more than 23 billion yuan, intangible assets of more than 60 billion yuan, why are enterprises strongly supported by government procurement, will fall into the dilemma of insolvency after deducting intangible assets?

How did all this happen?

Taxpayers should have the right to know!

Lenovo Group's total liabilities of more than 240 billion yuan, the payable and other payables owed to suppliers alone are as high as more than 180 billion yuan, the current ratio of 0.85, the quick ratio of 0.62 is far below the normal value, the solvency is already worrying, in the case of such high debt, it is appropriate to pay 934 million yuan of sky-high compensation to the senior management, is it appropriate?

If lenovo group's capital chain is broken, can Lenovo group executives sell their personal assets to repay the debts of small and medium-sized micro suppliers?

7. If more than half of the executives are foreigners, is there any information security risk?

Lenovo Group 27 executives of 14 are foreigners, 7 core technical personnel are 4 foreigners, the chief financial officer and chief technology officer are foreigners, government procurement is mainly Lenovo Group's computer, please ask, is there any information security risk?

Lenovo Group donated computers to the American Labor Force Organization, what exactly is going on? Why did they gain recognition from the U.S. military?

8. Why did you buy Motorola at a high price? Why is it still buying at a high price in the face of Motorola's declining decline? Among them, is there any suspicion of transferring assets overseas?

Sima Nan: Liu Chuanzhi's negative list is discussed one by one and asked Mr. Yang Yuanqing of Liu Chuanzhi for advice

Inexhaustible, please also ask netizens to leave a message to add.

Where what is said is not right, please also ask Old Liu Xiaoyang to criticize and correct.

(Wrote a little last night, wrote a little in the morning, added a few in the afternoon, and completed on the afternoon of December 2, 2021 at No. 8, Nanluoguxiang, Dongcheng District, Beijing)

Read on