It is not uncommon for peers to compete for territory and market, but it is rare for internal executives, or for conflicts between the chairman and the president, or even for casualties. Previously, Lynch, the actual controller, chairman and general manager of Youzu Network, was suspected of partner poisoning and died unfortunately.
For Huaxin Trust, a company with tens of billions of assets, why did it stage the tragedy that the chairman beat the general manager? Behind this, more than 20 trust products of Huaxin Trust are "Lei Ren". Obviously, Huaxin Trust has bigger loopholes and secrets.
Chairman "Real Hammer" General Manager 65438+1On the evening of October 7, some media reported that Dong Yongcheng, chairman of Huaxin Trust, injured Wang Jin, the general manager of the company, with a hammer in the elevator of Dalian office building on June 6, 65438, causing his head and nose to bleed. Subsequently, Wang Jin was sent to the First Affiliated Hospital of Dalian Medical University for medical treatment. He was injured all over 14, and was diagnosed with minor injuries.
6543810.8, Xigang Branch of Dalian Public Security Bureau issued a circular confirming the above matters: due to work contradictions, Dong Yongcheng beat Wang Jin with a murder weapon, causing many injuries to his body. The suspect Dong Yongcheng has been criminally detained according to law, and the case is under further work.
Subsequently, Huaxin Trust also issued a statement saying that Dong Yongcheng, the chairman of our company, had a conflict with Wang Jin, the president of our company, on the evening of 20021654381October 6, and Dong Yongcheng caused personal injury to Wang Jin. Dong Yongcheng was summoned by the public security organs in accordance with the law that night and has been detained in criminal detention. Wang Jin is in stable condition and is being hospitalized. At the same time, the company said that all employees are in a stable state and all businesses are proceeding normally.
According to the annual report of Huaxin Trust, Dong Yongcheng was the deputy director of the Science and Technology Innovation Department of China Industrial and Commercial Bank of China Dalian Branch and the general manager of China Industrial and Commercial Bank Dalian Trust and Investment Co., Ltd.; He is currently the chairman and general manager of Huaxin Huitong Group Co., Ltd. and the chairman of Huaxin Trust Co., Ltd.
Wang Jin used to be assistant and deputy general manager (presiding) of the Finance Department of Huaxin Trust, general manager of Wealth Management Center/R&D Center, assistant, vice president and executive vice president of Huaxin Trust. A compelling survey shows that Wang Jin became the general manager of Huaxin Trust on June 5438+1October 2 1 2020, and he became a victim of work contradictions less than a year after taking office.
"I thought that the top management of the company and the big boss were fighting for brains or money, but I didn't expect it to be the lowest primitive machinery." So, what happened on the evening of June 6th in 65438+, which made Dong Yongcheng hit his colleague Wang Jin with a hammer?
Earlier, some insiders speculated that the reason for the conflict between the two parties may be that there are differences within the company on bad disposal, and they may even want to cover up some problems; It is also possible that Wang Jin confessed to the regulatory authorities the illegal acts in the operation.
China Newsweek repeatedly called the Secretary-General's Office of Huaxin Trust to verify the specific reasons for the conflict between the two parties, the impact of the incident on the company's business and the authenticity of the rumors, but no one answered. The relevant staff of its war investment department said: We don't know many things.
"From a shallow perspective, this conflict is a contradiction between management, but the fundamental reason is the problem of corporate governance structure and decision-making system." Wei Guanglin, a lawyer of Beijing Ting Yun Law Firm, told China Newsweek.
Huaxin Trust was established in 198 1, formerly known as Dalian Trust and Investment Company of the People's Bank of China, and was approved by the People's Bank of China in 20001,becoming the first trust and investment company in China and the first in Northeast China to complete re-registration. At present, it is the only trust and investment company in Liaoning Province.
However, in recent years, the shareholding structure of Huaxin Trust is relatively scattered, and its historical changes are quite complicated. For a long time, the actual controller is unknown, and the industry calls it "the most mysterious trust company".
According to the survey, in the history of Huaxin Trust in changes in equity from 1997 to 20 17, shareholders changed as many as 23 times, and more than 40 corporate shareholders companies appeared successively. At the same time, the company also experienced seven times of capital increase and share expansion, and the registered capital increased from 65,438+0.065,438+0 billion yuan to 6.6 billion yuan.
Up to now, the total number of shareholders of Huaxin Trust is 20, among which the shareholders holding more than 65,438+00% are Huaxin Huitong Group Co., Ltd., Beijing Wanlian Tongchuang Network Technology Co., Ltd. and Shenyang Pincheng Investment Co., Ltd., each holding 25.9 1%, 65,438+09.9% and 65,438+05.42.
It is worth mentioning that in 2065438+2009, Huaxin Trust broke the law twice and was given administrative punishment by Dalian Banking Insurance Regulatory Bureau. 20 19, 19 On April 9, Huaxin Trust was fined 500,000 yuan by Dalian Banking Insurance Supervision Branch because the loan funds were diverted to financial institutions with shares due to inadequate post-loan management. On July 17 of the same year, Huaxin Trust was fined 500,000 yuan again by Dalian Banking Insurance Regulatory Bureau for illegal acts such as using the funds obtained from issuing trust loans in the early stage to purchase trust products issued by the company.
More than 20 trust products were thundered. In addition to scattered equity and repeated violations, the operation of Huaxin Trust is not optimistic. In recent years, the company's performance has continued to decline, and many trust products cannot be redeemed when they expire.
According to the annual report, from 20 16 to 20 19, the operating income of Huaxin Trust was 23110 million yuan,14.02 million yuan,1/0.46 million yuan and respectively.
In 20 19, the company was also listed as one of the six high-risk trust companies by CBRC due to losses.
By 2020, the losses of Huaxin Trust will further expand. According to the unaudited financial data of the interbank market, the company lost about 555 million yuan in the first half of last year.
At the same time, Huaxin Trust is facing a huge redemption crisis.
In April 2020, Huaxin Trust and Sichuan Trust were required by the regulatory authorities to suspend their business, and no new products were allowed until the fund pool was cleared. It is understood that "fund pool" trust business, as a kind of financing trust business, usually does not directly disclose specific investment targets, and is independently managed by trust companies. It is often regarded as the "bad" tool at the bottom and has been criticized by the market.
Subsequently, the trust products of Huaxin Trust were "shocking". During the period from September last year to 165438+ 10, the company issued a number of trust plan extension notices, all of which caused the trust products to enter the extension agreed in the trust contract because the financing enterprises failed to repay the financing principal and interest on schedule.
Up to now, nearly 23 projects of Huaxin Trust have not been paid on schedule. Some insiders said that the company's funding gap is about 7 billion yuan. However, some analysts told China Newsweek: "This figure is a bit conservative, and the actual funding gap may be tens of billions."
Huaxin Trust has disclosed that by the end of June 2020, the company had a registered capital of 6.6 billion yuan and net assets of11900 million yuan. Why can't the net assets exceed10 billion to make up for the funding gap of about 7 billion?
In addition, China Newsweek noted that Huaxin Trust issued an announcement on soliciting strategic investors on June 165438+ 10/7, 2020. In order to strengthen the company's capital strength, protect the interests of trust investors, expand business development space and promote business transformation and innovation, the company plans to recruit strategic investors for the whole country.
The specific capital increase plan is as follows: Huaxin Trust plans to introduce single or multiple strategic investors, with a capital of 3.4 billion to 6.8 billion yuan and a registered capital of 654.38+0 billion yuan to 654.38+0.34 billion yuan; Directors and supervisors are elected in accordance with the principle of marketization and the provisions of the Company Law, and the chairman and supervisors are elected by the board of directors and the board of supervisors respectively; At the same time, the management team is hired according to the principle of marketization.
However, with the criminal detention of the company's chairman, it remains to be seen whether the above-mentioned "self-help" plan of Huaxin Trust to introduce strategic investors can be implemented smoothly.
"With reference to past experience, when such a thing happens, not only the public security department will intervene, but also the regulatory department will intervene, and the company's business will usually be suspended. In the case of uncertain company prospects, strategic investment is likely to stop. " The aforementioned analyst said.
In Wei Guanglin's view, Dong Yongcheng was detained as a legal representative and chairman, and the general manager was injured and hospitalized. The change of core management means that Huaxin Trust needs to face a huge test. On the one hand, the company is faced with problems such as how to make up the capital gap, how to solve the deferred payment of products, how to deal with existing violations and even face the investigation of regulatory agencies, and how to optimize the corporate governance structure and decision-making system. From the external point of view, the introduction of strategic investment is imminent, because this incident may encounter changes, deferred products may face investor rights protection and litigation, and trust products are frequently in turmoil, and the regulatory authorities may also tighten regulatory policies and increase risk investigation.
At the same time, he pointed out that strategic investors will inevitably conduct due diligence on Huaxin Trust with lawyers and accountants before investing. The detention of the chairman of Huaxin Trust will inevitably make investigators have reasonable doubts about whether the corporate governance structure is perfect and whether the decision-making is effective, and the incident has had a bad impact on the market image of Huaxin Trust and will affect investors' investment decisions.
On the afternoon of October 8th, 65438/KLOC-0, Dalian Public Security Bureau informed the chairman of Huaxin Trust of the intentional injury case again. Qu Bo, deputy director of Dalian Public Security Bureau, said that after hospital diagnosis, the victim Wang Jin suffered multiple head injuries in skull fracture. According to the available evidence and the Criminal Law of People's Republic of China (PRC), the police detained the suspect Dong Yongcheng on suspicion of intentional injury. Next, the police will investigate the case in strict accordance with legal procedures.