laitimes

A bribery case involved the exclusive | corporate tycoon Chen Jinfei

A bribery case involved the exclusive | corporate tycoon Chen Jinfei

Author: Sun Lili

Editors: Zhao Yibo, Gao Yang

On January 21, "A Little Bit of Wealth" exclusively learned that a first-instance criminal judgment of the Haidian District People's Court of Beijing Municipality was recently published, and Chen Xiaogang, the former general manager of Beijing Jinyang New Material Co., Ltd. (hereinafter referred to as "Jinyang Company"), was sentenced to one year and six months in prison and fined 100,000 yuan for bribery.

The legal representative of Jinyang Company in this bribery case is Chen Jinfei, an entrepreneur close to actress Yang Caiyu.

The judgment mentions that between 2011 and 2016, Chen Xiaogang successfully signed a supply contract with the project contractor by using Deng Mou, deputy chief engineer of the Beijing Municipal Institute of Water Conservancy Planning and Design, to recommend to the construction party and inform the project parameters in advance, seeking improper benefits. Between 2013 and 2016, Chen Xiaogang repeatedly gave Deng a total of 650,000 yuan in thank-you fees, constituting the crime of bribery.

In October 2021, Chen Xiaogang was arrested.

"A Little Bit of Financial News" noted that the legal representative of Jinyang Company involved in the case was Chen Jinfei, a well-known entrepreneur. According to public reports, in 1987, he started a business with his partners and began to export textiles. In 1990, he transferred to the Hainan real estate industry, during which he gained a lot of money, and then returned to Beijing to invest in real estate.

According to reports, from 1987 to 2000, Chen Jinfei created a series of miracles in the development of enterprises. After more than a decade of development, Tongsan Investment Group, headed by Chen Jinfei, has become one of the largest private enterprises in Beijing. In 1996, Chen Jinfei carried out the shareholding system transformation of the group, and quickly expanded the enterprise into a mixed economic entity with non-public ownership as the main body and the coexistence of various economic components.

In 2000, tongsan group with total assets of 2.6 billion yuan and net assets of 1.8 billion yuan has become a large international holding enterprise group with 20 shareholding companies, operating in finance, investment, real estate development, clubs, catering and international trade.

It is said that Chen Jinfei is good at dancing with long sleeves, and in the past ten years, he has created a series of private enterprises in Beijing: the first Sino-foreign joint venture in which the Chinese side is a private enterprise; the first private enterprise group declared in Beijing; the first company to participate in the government's dangerous house renovation project in the name of a private enterprise; and the first new wall material company in the country controlled by a private enterprise.

The Jinyang company involved in the above case was incorporated as early as 1995. According to the introduction, Jinyang Company is a high-tech enterprise mainly engaged in the production and operation of decorative and load-bearing concrete block series products, a member of the China Block Association and the American Block Association, has a number of independent intellectual property rights patent technology, and has participated in the formulation of more than ten national industry standards and corresponding application atlases and specifications.

In June last year, Jinyang Company was filed for bankruptcy liquidation. The court then accepted it. The court stated that jinyang company, after compulsory enforcement by the people's court, was unable to repay the mature debts of Wangjing company, and did not raise objections to the creditor's bankruptcy liquidation application within the statutory time limit, it should be found that Jinyang Company was unable to pay off the due debts and obviously lacked solvency, and had the bankruptcy reasons stipulated in the bankruptcy law.

Some of Chen Jinfei's companies have a strong shareholder background.

For example, in 2007, Pet Kingdom (Beijing) Network Technology Co., Ltd., the shareholder Hangzhou Hupan Shannan Equity Investment Partnership (Limited Partnership) has Ali behind it.

Another example is Hongxingwu Entertainment Media Investment Co., Ltd., which was established in the 1990s, among its original shareholders, Zhang Jizhong, Beijing Huayin International Investment Company and Beijing Jinchao Urban and Rural Construction and Development Co., Ltd.

In April 2021, Zhang Jizhong's shareholders withdrew, leaving only Chen Jinfei and his Tongsan Group.

In recent years, Chen Jinfei's layout in the entertainment industry seems to have not stopped, and a number of film and television studios have been established. Chen Jinfei's name also appears more in entertainment reports, following various rumors of "dry father" with Liu Yifei in the early years, and frequently appeared in reports because of his relationship with actress Yang Caiyu.

In 2017, Yang Caiyu and Chen Jinfei were photographed kissing intimately on the street. Shortly thereafter, Yang Caiyu admitted to the relationship.

A bribery case involved the exclusive | corporate tycoon Chen Jinfei

In December 2019, it was revealed that Yang Caiyu, the heroine of the movie "Fanghua", had married her rich boyfriend Chen Jinfei with a license. Chen Jinfei did not deny the incident, saying: "I don't need to respond to this, it is just a matter of our lives." ”

"A Little Money" noted that in 2019, Chen Jinfei established a new media company, called Chencai Feiyang (Beijing) Film and Television Media Co., Ltd.

A bribery case involved the exclusive | corporate tycoon Chen Jinfei

Read on