The richest man in Jiangsu has formed a deep friendship with Xu Jiayin because of a cup, and even in order to help Evergrande out of the crisis, he did not hesitate to take out 20 billion yuan to help, but what is more surprising is that now the richest man in Jiangsu is difficult to protect himself, and has lost 3.45 billion yuan in half a year, why is this situation happening?
<h1 class="pgc-h-arrow-right" data-track="2" sold all of its shares > the richest man in Jiangsu, and the company ushered in a new person in charge</h1>
The richest man in Jiangsu mentioned at the beginning is Zhang Jindong, who is also the founder of Suning Tesco, a well-known domestic enterprise, who has taken out 20 billion yuan to help Xu Jiayin get out of the difficulties, but now his development situation is not optimistic.
Recently, Suning Tesco's liabilities have reached 157 billion yuan, in order to change this situation, Zhang Jindong, as the main person in charge of the company, is also actively looking for solutions, constantly selling some of its stores, but failing to solve the fundamental problems existing in the company.
As early as 2020, Zhang Jindong pledged Suning's equity to Taobao, and now he has to sell all the equity he holds, and the price per share is 5.59 yuan, which will also mean that the person in charge of Suning Tesco has changed, and Zhang Jindong will be fully withdrawn from within the company, and Suning Tesco's future development will be fully responsible for by Ren Jun, ushering in a new period of development.
The negative news about Suning Tesco on the Internet is also continuous, it is reported that Suning is deeply in debt crisis, bankruptcy and other news, suning Tesco also clarified through its own social media accounts, which clearly stated that the network is false news, but now look at Suning Tesco's previous brilliant scene is indeed gone.
<h1 class="pgc-h-arrow-right" data-track="7" > a cup, Zhang Jindong sent 20 billion yuan to Evergrande</h1>
Suning Tesco as a representative enterprise in the field of domestic home appliances, the previous strength is also among the best, since its establishment in a long period of time have maintained steady development, as early as 1992, its sales performance reached 60 million, net income of 10 million, in the after that even if there are constantly new enterprises in the industry online, but Suning still with high cost-effective advantages, created a sales of 300 million yuan.
After steady development, Zhang Jindong is also constantly expanding the scale, as early as 2001, the company will open a store every 40 days on average, and in 2004, it will open a store every 5 days on average, and its development speed can be imagined, and because of this, Zhang Jindong as the company's main shareholder, its personal assets have also risen sharply, smoothly becoming one of the richest people in Jiangsu, and even many times to help other companies tide over the difficulties.
In 2017, although Evergrande Company's development momentum at that time was fierce, but there was also a problem of capital flow within it, at that time, Zhang Jindong had a deep friendship with Xu Jiayin because of a cup, so he invested 20 billion yuan in Evergrande, and the injection of this fund also eased the pressure of Evergrande Company.
Not only that, in 2018, Wanda also fell into a trough for some reasons, in order to help Wang Jianlin out of the predicament, Zhang Jindong has invested 12.3 billion yuan in Wanda, which has also made Wanda successfully transformed.
Under the repeated shots, Zhang Jindong's popularity in China has also risen sharply, but what is more surprising is that Zhang Jindong's brilliance has not been maintained, and now he has lost the identity of the main person in charge of his company.
<h1 class="pgc-h-arrow-right" data-track="13" > Zhang Jindong is now difficult to protect himself, with a loss of 3.45 billion yuan in only half a year</h1>
In fact, the main reason for this situation is because Zhang Jindong has carried out uncontrolled expansion while leading the company's development. Since 2009, Zhang Jindong has begun to seek a diversified development path, continuously increasing investment in major industries, and successively investing in Daily Express and Red Child.
However, these invested projects have not brought substantial benefits to the company, compared with the funds invested, its income is minimal, in addition, in its own industry, Zhang Jindong is also constantly expanding the scale of development.
In 2004, the number of stores under the company was only 84, and seven years later, it has increased to 1684, and its net profit has also ushered in the highest value this year, reaching 5 billion yuan, but with the rise of JD.com, to a certain extent, it has also impacted Suning's market position.
Although Zhang Jindong has also slowly realized the influence of the e-commerce platform and launched his own platform, at the same time, Zhang Jindong is still increasing the scale of new stores, and by 2018, there are already 8815 stores, which is why suning Tesco's performance has begun to decline.
From January to June 2021, the company's loss value has reached 3.45 billion yuan in only half a year, and the debt ratio is as high as 66.18%, which is indeed a scene that makes people feel sad.