Many billionaires have been in prison, and Huang Hongsheng is one of them. Fortunately, others were unlucky, the company did not suffer with it, and it developed well. However, this encounter is a stain on his life, which can never be changed! Therefore, it is very important that a person's body is always upright. The boss is like this, and the workplace is even more so!
< h1 class="pgc-h-arrow-right" > first talk about Huang Hongsheng and his people</h1>
Many people have heard of Huang Hongsheng's name!
He was born in Hainan in 1956, his family was poor, and in 1976, when China resumed the college entrance examination, he was admitted to the Department of Radio Engineering of South China University of Technology, and his graduation thesis was "The Design of Black and White Television Sets".
After graduation, he was assigned to South China Electronics Import and Export Company, starting from an assistant engineer and becoming the executive deputy general manager after 3 years.
In early 1987, because his family had relatives in Hong Kong, he was approved to move to Hong Kong and continue to do business. In 1989, he founded Skyworth Company, produced color TVs and VCD machines, and finally became a generation of rich people after hard work.
What makes people relish is the story of Huang Hongsheng and Skyworth color TV.
In fact, Huang Hongsheng's first bucket of gold is not to open a factory, but to speculate!
In 1991, he first speculated in a building, and a joint venture of HK$100 million was made to buy a 26-storey mansion, which changed hands a year later, earning more than HK$80 million. It is precisely because of the big money made by speculating in real estate that Huang Hongsheng can reorganize skyworth company with difficult operation into skyworth group, so that the entity business has entered the fast lane of development.
Huang Hongsheng is engaged in industry while speculating in buildings.
He once bought 30 units of old houses at the same time, trying to make a lot of money when the old houses were demolished or renovated, but the ideal was full and the bones of reality were felt, only a few units were as desired, and most of them were not easy to change hands.
Huang Hongsheng loves the real estate business, he once said: "In addition to real estate, I don't know what else is high profits, even drugs have been greatly reduced."
In Hong Kong, Huang Hongsheng speculated in real estate, and in the mainland, is a real estate development. He is engaged in the real estate business, and there are two models, namely corporate contribution and individual contribution.
Later, Huang Hongsheng was imprisoned, which was related to his investment in real estate.
<h1 class= "pgc-h-arrow-right" > jail time</h1>
In April 2000, Skyworth Digital Holdings Limited was listed in Hong Kong, raising nearly HK$1 billion, in other words, Skyworth Digital has a large amount of cash.
Huang Hongsheng is the controlling shareholder of the company and serves as the chairman, his brother Huang Peisheng is the executive director of the company, and his wife Lin Weiping is the company's overseas procurement director. In other words, the Huang Family monopolizes the company.
At this time, Huang Hongsheng and his friends got an old city renovation real estate project in Sanya, Hainan, and needed to set up a project company with a registered capital of 100 million yuan, and Huang Hongsheng accounted for 51%, that is, to pay 50 million yuan, this time it was his personal participation.
At this time, Huang Hongsheng was worth hundreds of millions, but he didn't have so much cash, and if he wanted to raise it in many ways, it was no problem, just some trouble.
This side is tight, there (Skyworth Digital) there is a lot of cash, replaced by you, it is estimated that you will also have that kind of mind.
Huang Hongsheng and his brother are secretly merchants, these two are the first and second leaders of the company.
Of course, Huang Hongsheng will not go directly to the company's financial requirements, nor will he pull the company's finances in.
For example, he found a person named Wang Peng, saying that he was a consultant of the company, responsible for developing the company's business in the mainland, with outstanding achievements, and needed to pay a consulting fee of 5 million yuan.
From November 2000 (only half a year after the company's listing) to December 2003, huang Hongsheng and his two brothers found someone (mainly Wang Peng) to cooperate and take 10 cash checks from Skyworth Digital for reasons such as consulting fees and service commissions, amounting to MORE than HK$50 million.
The use of these checks is complete, there is no problem in the company's financial statements, and professional accounting firms cannot find anything to audit, because there is no flaw.
Is it really a matter of peace of mind?
Of course not! No matter how secret you do it, some people will notice it, especially those who have the intention to embarrass you. This is exactly in response to the saying "if you want people not to know, unless you do nothing"!
In the second half of 2004, a detailed report on Wong's illegal conduct was mailed to the Independent Commission Against Corruption in Hong Kong. To be able to provide such detailed whistleblowing materials, the whistleblower is either a senior member of the company or a person related to the top level of the company. Due to the confidentiality system, the ICAC will not disclose the identity of witnesses or provide certain information about witnesses.
Who is the informer, outsiders only speculate, there is no empirical evidence, perhaps the Huang Hongsheng brothers understand in their hearts.
There is a small episode in the arrest here. The police were ready to arrest him, but Huang Hongsheng was in the mainland, and the police could only wait patiently for the opportunity. On the evening of November 30, Huang Hongsheng returned to Hong Kong to prepare for a press conference at Skyworth headquarters the next day to blow the company. Early the next morning, Huang Hongsheng came to the company's headquarters, first gathered with the senior management, and then saw the reporter again.
Suddenly, nearly a hundred police officers arrived, and those who have seen the Hong Kong police film should imagine the scene at that time. The police tossed and took away more than a dozen senior executives and related personnel of the company, including the Huang Hongsheng brothers.
The police then arrested Huang Hongsheng and Huang Peisheng for theft and fraud, and the others were fine, just a false alarm. The Wong brothers also did not need to be jailed immediately and were each granted bail of HK$1 million.
It took a year and a half for the matter to be decided. Among them, 5 trials were held.
In July 2006, Huang Hongsheng and Huang Peisheng stole more than HK$50 million from skyworth Digital, a listed company, and were convicted of 6 years in prison and immediately imprisoned.
< h1 class="pgc-h-arrow-right" > follow-up</h1>
In July 2009, Huang Hongsheng and Huang Peisheng, who had been in prison for three years, were released from prison on parole.
In August 2012, that is, the Huang brothers' sentence expired, the two brothers officially returned to Skyworth Digital Holdings, Huang Hongsheng hung up the name of the company's consultant, Huang Peisheng was the deputy general manager of the color TV business department, and the chairman was Huang Hongsheng's wife Lin Weiping.
The Huang family has been the majority shareholder of the company from beginning to end.
The Huang brothers were unlucky, and the company did not suffer with it, and there are two main reasons here:
1. On December 1, 2004, Huang Hongsheng and Huang Peisheng were not released on bail at the police station, and immediately announced their resignation from all positions in the company, which is the so-called "cutting with the company", and Huang Hongsheng's confidants also followed suit to announce the formation of the company's new team.
These people are really doing a great job.
2, the Huang Hongsheng family is the controlling shareholder of the company, in a sense, the so-called stolen money of the Huang brothers is actually their family's money, which is also the reason why the Huang brothers have always said that they are not guilty. Mainlanders are even more likely to understand this way.
For this reason, consumers do not have much disgust with Skyworth.
After all, it is done wrong, and it has an impact on the company! But it only hurt the skin, not the bones. With the Huang brothers imprisoned, the company's vitality also recovered.