In order to go to work, I paid 10 million to the company first

Big Cat True Detective Agency

2024-05-13 17:09Posted in Beijing Finance and Economics Creators

Author | Cat brother

Source | Big Cat Finance Pro

In order to go to work, I first paid 10 million to the company, have you ever heard of this kind of strange thing?

What happened was a listed company, called Rock Shares, which mainly sold Shanghai Guijiu, which belongs to the liquor industry, and the boss is called Han Xiao, who is a rich second generation.

His father's name is Han Hongwei, this name may be unfamiliar to many people, but the company under his name is Haiyin Wealth, known as China's third largest wealth management company, which thundered in December last year, and more than 60 billion yuan cannot be recovered, now you have an impression, right?

At that time, Han Hongwei said that it would be resolved at the end of the year, and later said that it would be resolved in April this year, but there has been no movement so far.

Most of the 60 billion was invested in real estate, and a large part was given to Evergrande, what do you say Han Hongwei will pay back?

Han Hongwei is a native of Henan, served as a soldier, and then made a lot of money in the automobile industry, in 2004 he felt that Henan was small, so he went to Shanghai. The first thing he did when he went to Shanghai was to set up the Fellow Villagers Association and establish the Shanghai Henan Chamber of Commerce, with him as the president.

At this time, Han Hongwei was mainly engaged in finance, that is, he was mainly engaged in financial management with the Haiyin system, and he quickly raised a lot of funds, which had to be invested to make money, so he began to attack everywhere and buy stocks of many listed companies such as Oriental Silver Star, Tianmu Pharmaceutical, and New Huangpu.

Later, Han Hongwei fell in love with a shell full of holes - Pi Lu Pi, the company's original chairman Xian Yan was issued a maximum fine of 3.4 billion A shares, and later changed its name to Rock Shares, which was bought by Han Hongwei, and its main business was Shanghai Guijiu.

Of course, he has always been relatively low-key, how did he get involved with Xu Jiayin? The outside world speculates that it may be because of the relationship between fellow villagers, he is the president of the Henan Chamber of Commerce in Shanghai, and Xu Jiayin has been the president of the Henan Chamber of Commerce in Guangdong, and it is normal to have intersections.

After the thunderstorm of Haiyin Wealth, 40,000 investors were pitted, which had a great impact.

Everyone knows that Shanghai Guijiu is the industry of the Han family, so the stock price has also fallen a lot.

It is said that if the stock price falls, it will not affect the normal operation of a winery, but I never expected that Shanghai Guijiu would not even be able to pay wages immediately, social security would be stopped, and sales rebates would not be given.

Why is that?

This involves a lively topic in the liquor industry.

The Han family father and son entered the liquor industry in 2019, which is a recognized big red sea, not easy to do, Shanghai Guijiu has an income of 80 million in 2020, and even many local small distilleries can't compare, and it is not in the stream at all, but three years later, people sold 1.6 billion, an increase of 20 times.

There is also an epidemic in the middle, how did they do it? Many old liquor people can't guess.

But now that I take a closer look, it turns out that the Han family father and son really played liquor as finance.

This can be seen from the traders of Shanghai Guijiu they invited, it is said that dry liquor is not allowed to find masters from the industry?

But the first trader they hired was from the insurance company, and the second trader used to be engaged in P2P, and one of his owners was called e-renting treasure, and he was sentenced to two years and nine months for non-sucking.

How do they do it?

In the first two years, there were no distributors, and the company had more than 100 sales and sales of wine, but the sales volume was average.

Later, they told these salespeople that our sales strategy has changed, and if you pay 5,000 yuan to the company every month, the company will pay you a salary of 4,500 yuan + a bonus of 1,000 yuan + liquor worth 5,000 yuan, in addition, the company will also pay you a social security provident fund.

This account elementary school students can also understand it.,This is giving money for nothing.,If you sell it, don't you do it?

So it didn't take long for the company's sales to increase from more than 100 to more than 1,000.

When you see this, you have to say, isn't this company sick? It's just a loss of money, what kind of business is this?

Don't worry, after more sales, the company's policy has been adjusted.

The scheme is very complex, as an example:

For example, if you are the general manager of sales in a province, and you pay 1 million to the company, then you can get back up to 852,000 yuan in cash by relying on "employee income" + "rebate", plus 1 million worth of wine.

To put it simply, in the past, when you paid the company, you could pick up a sum of cash and a bunch of wine for nothing, but now? It is equivalent to the distillery selling the liquor to these sales at a price of 1.5 percent.

This price is still very cheap, and the price that the general winery gives to the distributor is 3-6% off the retail price, so how can the sales make money? Selling the wine at a 2% discount to make money is greatly reduced.

Therefore, the sales of their company at that time had a considerable income, and the sales general manager of a province could easily earn 100,000 yuan a month, and there were many people who earned 300,000 yuan.

Part of their income comes from the difference in the price of selling wine, and the other part comes from "eating empty salaries".

What does that mean?

The distillery has to pay salaries to its employees, so the general managers are working hard to recruit sales, but many of the sales employees are only nominal, but these salaries go to the general manager.

Because the income is good, the sales are like chicken blood.

In 2023, the distillery's gameplay has been upgraded again - a store policy for employees.

In general, the requirements are high, for example, a specialty store will pay at least 3 million to the company a year.

But the treatment is also high, for example, to open a store, first give a decoration subsidy of 500,000 yuan, and then pay back 5% of the payment amount every month as a rent subsidy.

Anyway, in the final calculation, the rebate is a lot more than the original, 1 million payments, 880,000 can be returned, and there is wine worth 1 million, what does it mean? It can basically be regarded as a 1% discount purchase, which is basically a sure profit.

Now the sales are even crazier, and they have pulled seven aunts and eight aunts to open specialty stores, mortgage real estate if they don't have enough money, and borrow money everywhere if they don't have enough, and many big sales have seven or eight stores.

At this time, you may wonder, isn't the game of Shanghai Guijiu just cheap for its own employees?

People are high here.

Many people are nominally his employees, but the labor contracts are signed with other companies, and later for the convenience of sales, many people also registered many companies themselves.

So in terms of financial reports, these people who were originally his employees have become his customers.

In the past, Shanghai Guijiu didn't talk about this, but later the exchange sent a letter of inquiry, and everyone saw that three of the top five customers were affiliated companies.

Of course, the actual system of Shanghai Guijiu is very complicated, and they have also set up many in vitro companies to reduce costs and increase revenue, so that the financial reports of listed companies are very good.

It is precisely because of this technique that when the Han family father and son entered the listed company, the stock price was 5 yuan, and then it increased tenfold in two years, and 2/3 of the equity in their hands has been pledged.

But their operation is essentially financial fraud, taking over 4 years, 4 years of fraud, who do you say if you don't check him?

Of course, the worst people, except for the shareholders who have been cheated by false performance, are their sales.

Many of them have already paid tens of millions of dollars to the company, and many of them still borrow money, and now they don't pay salaries, let alone rebates, so they are trapped like this.

You look at the harvesting routine of the Han family, passed down from father to son, across fields and industries, shareholders and employees do not let go, they all say that leeks are endless, and the original sickle has a stronger reproductive ability.

Such a bunch of things, they have to have an explanation.

View original image 41K

• 

• 

• 

• 

• 

• 

• 

• 

• 

•