A joint open letter from the majority of departing employees to Shandong CIFI Yinshengtai Group
Shandong Xuhui Yinshengtai Group, Group President Geng Minli:
Recently, Shandong CIFI Yinshengtai Group's "Letter to All Employees of Shandong CIFI Yinshengtai" (attached at the end of this article) has been widely circulated in the real estate circle, and some self-media resources have been reprinted and disseminated, which seems to "clarify the facts" and is eager to "stabilize the morale of the military", and in front of the powerful "National Top 15 Real Estate Enterprises" business entity, CIFI Holdings, also known as the "King of Cooperation", can easily use powerful media resources to operate whitewashing. But in the eyes of those of us who have left the company, this is a ridiculous set of word tricks, and it is also a useless "war of words". In fact, there is no point in talking about it, especially since it also occupies some public media resources and exaggerates the wrongdoing.
From the eyes of the employees who have left the Shandong platform (including those who are about to leave), it is not difficult to read this letter:
1. The text is exaggerated, the facts are reversed, the "focus" is diverted, and the vision is blurred:
Disputes at the shareholder level are not at all interested in the departing employees: what do the gods in the sky have to do with the grass people?
2. Even when you are a bitch and want to set up an archway, your body and mind are completely incompatible:
External publicity is the main positive image of a listed company, and what it does is actually very undecent. Treat the vital interests of employees, drag it if you can, ignore it if you can ignore it, "pull slogans and fart" every day, and turn your hands into clouds and cover your hands for rain.
3. Whether you are a business or a person, you must abide by the bottom line:
Conscience, that is, the "Tao," that is, the "Way of Heaven," and the "Humanitarian Way"! And the current appearance of these violent atmospheres is fundamentally due to a problem with the "conscience." Right? President Geng!
As we all know, the real estate industry has entered a trough in the cycle, each has its own difficulties, the employees of the service real estate enterprises can have a certain understanding and cognition, the general environment is not good, the country everyone has to face how to survive this long winter? And in this saddest cycle, it is also the most able to test the "conscience" of an enterprise. Isn't the main responsibility of "morality" in society exactly the details of the humanity of each enterprise management entity to treat the "disadvantaged groups"? "Corporate ethics" is not a statement used by listed companies to whitewash, it is not the ranking of platform presidents at every meeting, nor is it a "childish behavior" that uses differences between shareholders to confuse and divert the public.
Since it is an open letter, let's talk about three specific things, please take a notebook and write it down, and go back to find the relevant leaders of the group to study the solution behind closed doors.
1. The key to arrears of employees' salaries at will is to "pay money if you have it".
In which month has the company's wages been paid normally, and basic benefits such as social security and provident fund have also been delayed month by month. Delays have become the norm, ranging from half a month to months. On the surface, he always talks about how to protect employees' wages and how much effort has been made, but the reality is that Geng Minli, as the president, sits in the office and "strategizes and directs the country", and if it is not related to his own interests, he never cares about what money is used to pay employees' wages. In fact, there is no money to understand, the key is that the city company has a surplus of book funds, and they all hold down and even set thresholds to suppress the enthusiasm of the front line, which makes it difficult for people to "understand", and the salary of employees is never the first priority to be considered. It is necessary to "the horse does not eat grass and the horse runs forward", and the anti-human thinking of "both and more" is clearly embodied.
2. The general environment lays off employees, but combined with "cleaning", the motive is not pure.
By the end of 2023, the number of employees who have left the company will surge to 500, and the so-called "violent layoffs", not to mention the evaluation of the latitude of social evaluation, will have a huge destructive effect on the continuity and rationality of the company's own operation.
Okay, if you lay off, you will lay off, anyway, it is very difficult to live, as long as the company is generous, it is easy to say that it is good to disperse. However, the human resources department of the front foot coaxed everyone to sign the resignation agreement because of the bad environment, and then President Geng arranged for the transfer of personnel from CIFI Group to fill the vacancies of these projects and departments in a timely manner, and even increased the number of people under the banner of support!
Is this called optimizing layoffs? This is called replacing one's own people! Anyone who has a little head can make up for it with his own brain.
3. Projects that have already met the conditions for returning to the principal deliberately ignore the "refusal to return to the principal".
In the past, the real estate industry loved to play "forced co-investment", the so-called deep binding of interests, and common advance and retreat. It means "everyone is in the same boat". But when it comes to the stage of "retreat", we feel that it is a bit like the Titanic, the first-class passengers have escaped by boat, and the low-level employees of the lower-class cabin are still "surviving in the ice", and they haven't even found a sampan.
That is the hard-earned money of employees' families and even families, that is the daily expenses of vegetables, rice, oil, salt, sauce and vinegar for each family after resignation and layoff, and the source of life and hope during the transition period, not "a few taels of silver" in the song.
So far, it is said that there are more than 10 projects within the group that have gone through the approval process and can return the principal and dividends, and nearly 10 projects that have met the conditions for returning the principal and dividends, but deliberately made it difficult to avoid approval. In the face of multiple rights protection applications from the departing employees, hoping to get positive feedback on the return of the principal of the co-investment, President Geng never came forward to communicate, and only shirked the responsibility to CIFI Group on the grounds that he had completed the approval and President Ru Hailin of CIFI Group had not yet approved.
Let's take an example: Lingxi Bay has been "returned to the border" on January 31, 2023, right? Has it met the conditions for co-investment return in January 2023? But so far, no part of the co-investment principal of the departing employees has been returned. However, on July 28, 2023, the "Application Process for the Return of Capital of Qingdao Lingxi Bay Project" has been approved to Ru Hailin, President of CIFI Group. Gradually solve the backlog problem in various forms such as arrival, and in the future, various methods will be used to solve the remaining co-investment in accordance with the company's system and the co-investment agreement, and do our best to safeguard the vital interests of employees. "Such brazen words?
Perhaps, President Geng forgot that he had personally issued a key rule on solving the principal and dividends of co-investment: "10% of the future project asset disposal and maturation fund recovery will be used to return the relevant funds of employee co-investment"?
In December 2023, Dezhou Boguan Tianlu Project sold 51% of its equity and successfully returned 220 million yuan, but President Geng once again refused to pay the employees for the co-investment on the grounds that CIFI Group did not agree.
In fact, Mr. Geng Minli and Mr. Ru Hailin, if you push me to come, I will push you to turn the trick, and the two of you are too played, right? This letter is to hope that President Geng Minli of Shandong Xuhui Yinshengtai Group will be under the governance of the platform president responsibility system. Don't make this "statement" and that "call" every day. Really, return to the facts and the problem itself, don't engage in bells and whistles, let's solve them one by one, not only to the majority of employees, but also to the majority of employees who have left the company to give a practical explanation.
In order to prove the authenticity of these facts, the majority of departing employees have also initiated a joint signature, and will also be responsible for their words and deeds, the following is the signature and seal:
Source: Qingdao Community > Qingdao Building