From 500,000 registered capital 1998 to total assets of more than 2 billion, 15 branches and 1000 franchisees; Bozhou Xingbang Technology Development Co., Ltd. has spent eight years from a few employees at the beginning to nearly 10,000 employees and salespeople today. In the past eight years, the company has won various awards, and its founder Wu Shangli is also known as the founder of the myth of "rejuvenating the country".
On the third day after Tang Yanan, the boss of "Everything Spring" in Bozhou, was sentenced to death for illegally raising nearly 65.438 billion yuan, on the fifth day of 654.38+February, another amazing news broke out in Bozhou. Wu Shangli, chairman of Xingbang Technology Development Co., Ltd., was arrested by the police on suspicion of illegal fund-raising. According to local news reports, compared with Wu Shangli, Tang Yanan is only a "student" at best. As the assets of Xingbang were frozen, the building was sealed up and the leaders were detained, the myth of "Xingbang" was shattered.
Illegal fund-raising
The myth of "Qiang Bing as a Rich Country" was finally shattered.
12 15 in the evening, a post appeared on Bozhou forum, which attracted different opinions-something happened to Xingbang Company! According to the post, in the early morning of the same day, the executives and financial personnel of Xingbang Company, including the chairman Wu Shangli, were controlled by the public security organs, and the office building (headquarters) in Gujing Town was seized.
A person in charge of the Economic Investigation Department of Bozhou Public Security Bureau told the reporter that in the early morning of June 5438+February 15, the police arrested the top management of Xingbang Company on the grounds of suspected illegal fund-raising. Confirmed by the relevant provincial departments, Wu Shangli and others are suspected of illegal fund-raising and have been detained and are under investigation. The bank assets of Xingbang Company have been frozen, the headquarters building of the company has been sealed up, and the police are stationed. The police have announced that the move is aimed at cracking down on economic crimes and safeguarding national economic security. Legally speaking, all losses of participants are not protected by national laws. "Considering the actual situation of the fundraiser, the relevant departments stipulate that after the final judgment of this case takes effect, it will be returned to the participants to a certain extent, regardless of the region and object, depending on the recovery of funds and the realization of assets."
At present, the police are thoroughly liquidating the scale of suspected illegal fund-raising in Xingbang, requiring participants to register at the designated place of the public security department, explaining the details of participating in fund-raising and filing for future return. People who want to participate in fund-raising should safeguard their rights and interests through legal channels, trust the government and abide by social order according to law.
Money temptation
Many companies have followed suit.
The Provincial Public Security Department analyzed the registration time of 67 fund-raising companies in the province. Except Bozhou Xingbang Technology Development Co., Ltd. registered in 1998, most other companies were established in 2004-2005. Many registrants of similar companies established later worked in Xingbang Company, and followed the example of "the way to make money" to raise funds. The scope involved is based on the company's registered place, and it is extended to surrounding cities and counties by setting up branches or offices.
As early as before the accident in Xingbang, a local government official said that the initiator of illegal fund-raising in Bozhou was Xingbang Company, which was still operating normally. They illegally absorbed social fund-raising in the name of joint cactus planting and processing project. After completing the accumulation of original capital, Xingbang has gradually changed its business model and replaced capital operation with entity operation. Many companies are influenced by it and lured by huge profits before they embark on the road of illegal fund-raising
According to local people, all the illegal fund-raising enterprises that have been "broken" in recent years are related to Xingbang. Tang Yanan, the notorious boss of "Everything is Spring", was a wage earner of Xingbang when he debuted.
A frightening tone
Become a multinational company in ten years
The Xingbang headquarters building seized by the police is located in Gujing Town, Bozhou City, not far from the cactus planting base known as 10,000 mu. However, according to the employees of the company, the so-called 10,000 mu is actually only nearly 1,000 mu, all of which are rented by nearby farmers.
According to an insider, Xingbang Company started financing from the initial breeding of ants, and soon the capital chain broke, so it changed the project to raising soil yuan and brewing wine, and finally chose cactus.
Through cactus, Wu Shangli has developed food (desert green gold), cosmetics (palm is still beautiful, royal fairy hall creatures), alcohol (hero wine), extended investment in real estate, TV series and so on. By 2008, his company claimed that its capital exceeded 2 billion yuan. Wu Shangli proposed to build the company into a national well-known private scientific and technological development enterprise in five to eight years, and to build Xingbang into a multinational company in 10 years.
Continue to report
High-return "sucking gold"
Since 2004, the banking supervision department of Bozhou City has been receiving reports that Xingbang Company has absorbed a large amount of funds from the masses. After investigating Xingbang, they learned that the company carried out abnormal financing in the form of planting imported cactus and paying dividends every month. More than 300 million yuan had been raised before 2003. After 2003, the company adopted the business model of "company+farmer" to expand its business. In addition to Anhui, Shandong, Zhejiang, Hainan, Sichuan, Hunan and other provinces, you can see the name of "Xingbang Technology".
While arousing the vigilance of the relevant departments, at the beginning of March 2005, with the continuous extension of the capital chain of Xingbang Company, its cash withdrawal from the bank increased, and its deposit in the bank decreased by 3 million yuan every day. At the same time, the company frequently contacted banks to apply for bank credit rating and obtain financial support. Relevant departments think there are signs of risk.
This case is very valuable.
The police are trying their best to investigate.
With the detention of Wu Shangli and others, the myth of a prosperous country was shattered. From "Li Jinhua", "World Expo", "Ding Ming" to "Spring of Everything", these assets are far smaller than the illegal fund-raising enterprises in Xingbang. Why did it take Xingbang's turn until the day before yesterday? Investigators said that the police are fully investigating and it is not convenient to disclose more details at present.
12 16 in the morning, a number of media in Bozhou received a notice from the municipal government and went down to the municipal government to attend a press conference on the alleged illegal fund-raising of Xingbang Company. The reporters were informed only after they arrived, and the press conference was temporarily cancelled. It is said that the case is serious and the case value is extremely huge. The Bozhou municipal government temporarily canceled the press conference for the sake of prudence, and other relevant departments will inform you separately.
Therefore, the cause of the Xingbang case and the total amount of suspected illegal fund-raising remain a mystery. According to local sources, the capital chain of Xingbang has been severely hit and broken, which may be related to the financial crisis. Its total fund-raising should not be less than the nearly 654.38 billion yuan of "Everything Spring", and the fund-raisers are all over the country, and it will not be less than the nearly 50,000 people of "Everything Spring".
Wu Shangli is a man.
Male, 197 1 born in Bozhou, undergraduate, senior animal husbandry engineer. He used to be the manager of the distribution department of Bozhou Pharmaceutical Company, and now he is the chairman and president of Xingbang Company and Shanghai Shangyuan Company. 1998 the first private scientific and technological enterprise in Bozhou was established in June 5438+00, and now it has dozens of economic entities with total assets exceeding 2 billion yuan. The company has successively won the titles of "Leading Enterprise of Agricultural Industrialization in Anhui Province", "Top Private Enterprise in Anhui Province 100" and "Excellent Enterprise in China". He was awarded the title of "Advanced Individual Award for Outstanding Contribution to Health in China" and "National Outstanding Entrepreneur", and was the vice president of Bozhou Entrepreneur Federation and the director of Anhui Entrepreneur Federation.