Bud of author Piao Li Xiaoye Han
Edit Piao Miao Lingyun
This spring, the wedding day of PE wanted to come back again it seems that. As division achieve board the ceaseless be born that establish, achieve congenial compose to be cast of the project exit channel be able to grow in quantity, the person do poineering work of this cold to experiencing capital winter and investment square for can yet be regarded as a favour.
However, have project of star of economy of enterprise of a Pre-IPO, loop -- " 5 peaks agriculture " , catenary of deep-set however capital ruptures, the company manages rapid collapse, was caught even the boss finally sentenced corner. 15 PE of share, only but sample the hard liquor with calorific head of professional orgnaization investor.
This among them, light thering is no lack of accuses greatly, in capital of division action business, Song He, start the well-known company such as great exploit together.
Nowadays, as the court the make known to lower levels of one Zhang Zhang judgment, the partial creditor of 5 peaks agriculture got a certain result eventually. Can be opposite for orgnaization of these 15 PE, those who be faced with is principal does not have the situation that return as before.
Time varies person. Bronco finance and economics discovers, go bankrupt in 5 peaks agriculture in the day of reforming, have orgnaization of some of person, some PE, already content is person blame.
A few days ago, a concerned Liaoning announced on net of Chinese judge copy clerk Inc. of science and technology of 5 peaks agriculture (next weighing: 5 peaks agriculture) the judgment of first instance criminal that reachs its president Zhu Jinfeng.
Liaoning saves north to press down city people court to think, 5 peaks agriculture, bright red Jin Feng subbranch of a bank of outer leaf of channel of bank of state of diddle bright and beautiful 60 million yuan, the guilty evidence that industrial and commercial bank of bright and beautiful state borrows money 40 million yuan is lawful and significant. Reason sentences fine RMB million to 5 peaks agriculture yuan, sentence a set term of imprisonment 3 years to Zhu Jinfeng, place with fine RMB 100 thousand yuan.
Remarkable thing, after case hair, zhu Jinfeng expresses, the bank of bright and beautiful state that wishs to be bought with the company 10 million equity repays entirely be murdered unit. This also is meant, the partial creditor of 5 peaks agriculture is able to recover a few losses.
But to investing 15 investment of 5 peaks agriculture for the orgnaization, circumstances did not become go bankrupt than 2016 reforming in the begining betterer. During this, among them business of action of a division in investing an orgnaization was experienced even anew 3 board pick a brand, experience investor " thought fors the time being " difficult hour.
As the make known to lower levels of criminal judgment, trend of 5 peaks agriculture is terminative become more exact probably rise. However, to orgnaization of these 15 investment, 3 years past, 5 peaks agriculture goes bankrupt what the battlefront of liquidation pulls it seems that is too some longer. Controller of project of agriculture of orgnaization of a PE of Beijing Mr Wang expresses to bronco finance and economics, "Plan draft referred reforming to was not passed, liquidation also did not begin. " that is to say, this project inside short time cannot be exited.
Begin from 2010, 15 investment orgnaization is opposite in succession financing of 5 peaks agriculture, do not have to the principal nowadays return, ending not within the foreseeable future. At the outset the enterprise of starlight Yi Yi, in the end, why be to the land is swarmed with famished refugees unexpectedly, one ground chicken feather?
01 Jing change project of star of legend husband and wife collapses with a loud crash"Zhu Jinfeng is borrowed because of cheating was caught, equestrian hall ran into dread punishment for one's crime " , in warm cold still northeast Liaoning north presses down town of city channel outer leaf suddenly, a word spreads quickly to come through the means of buccal mouth according to legend.
Zhu Jinfeng is Liaoning of local well-known company Inc. of science and technology of 5 peaks agriculture (next weighing: 5 peaks agriculture) president, ma Diancheng is her husband, also be the president of 5 peaks agriculture. This pair of husband and wife so fetching attention, depend on their backside very the experience of legend, and the love story of same legend.
Still be called by the family member in Zhu Jinfeng big phoenix on century 80 time, grow to supply the worker family of grain at eating as a child, the Ma Laowu that fell in love with family background of pure farmer family (namely Ma Diancheng, because of brother 6 people seniority the 5th and get its name) , because of fearing the family member objects, take the end of the world for love together. This paragraph of love story is in place famous degree very tall, up to now still by take delight in talking about. According to local memory, ma Laowu does not love to learn as a child, like to do small business, had sold seafood, had sold an egg, appearance is held out however commonly denounce a girl to like.
After two people are together, just meet the state-owend enterprise changes the spring tide that make, zhu Jinfeng from Electromechanical factory come off sentry duty, be diagnosed again after one's previous experience contracts incurable disease, encounter double blow, for this pair of Everyman, it is almost cannot susceptive.
However, zhu Jinfeng relies on tenacious belief, after art not only conquer serious illness, return pass an entrance examination driver's license. When checking toward Beijing afore, discover Peking Man changes rice with flour accidentally, produced the opinion that vends home town rice. Two people take out 30 thousand yuan of fund of scrape up, begin to vend Pan Jin rice toward Beijing, when coming back, carry the flour of Beijing to channel outer leaf sells again, quickly earn the first pail of gold, this becomes the business person with famous far and near to husband and wife. Later, local government capital attraction attracts this pair of husband and wife from Beijing come back, take-overed processing factory of a small-sized rice of local. 2 people of husband and wife created single-handed with this build up 5 peaks agriculture. Summit summit period, came 2010 the company obtained light to accuse greatly during 2012, in 15 orgnaizations such as capital of division action business, Song He 500 million multivariate investment, set 24 cent plant, have stuff 2000 more than person. Zhu Jinfeng is more with intelligent and capable, understand manage, be apt to runs famed place.
Zhu Jinfeng likes others to introduce her so most: Liaoning province is dozenth a delegate of National People's Congress, Liaoning is saved " hand of 38 red flags " , Liaoning is saved 10 big female outstanding, the 4th " 10 old farmers of countrywide female Number One Scholar " , " 10 big make green by planting trees of countrywide female Number One Scholar " ...
Just, these are honorary, became greatest satirize however nowadays.
2014, the top of head financing of the countless aureola, a huge sum that finish only 1 year much 5 peaks agriculture keeps capital occurrence problem suddenly because of 190 million each other, erupt capital catenary crisis, manage occurrence difficulty, it is after that inside cutty time, annulus of capital chain link bursts apart, whole company rapid collapse, send irremediable.
The data of conference of creditor first time that obtains solely according to bronco finance and economics " about Liaoning the circumstance of Inc. of science and technology of 5 peaks agriculture is reported " show, up to on May 6, 2016, total of capital of face of this company Zhang 710 million yuan, indebted amount 1.655 billion yuan, already serious endowment not pay a debt in kind or by labour, go bankrupt to be in nearly very close. And be buried below this debt ruins, have bank of land of 11 family belongs, have 15 PE orgnaization, have Zhu Jinfeng, him Ma Diancheng, still have the civilian leasehold person that has body count hard.
In the 1.655 billion debt of 5 peaks agriculture, bank loan 980 million yuan, civilian financing 120 million yuan, the supplier is big due 265 million yuan, deal with salary 18.55 million, project business owes 50 million yuan. Additional, partner generation holds 28 million yuan, assure external 190 million yuan.
And at present, according to news of network of Chinese judge copy clerk, at least already bank of 6 this locality chases after debt through legal lawsuit. Among them the 2 careful judgment of Mu Si branch and subsidiary bank of bright and beautiful state already issued fine of industrial and commercial bank, the court decision shows, 5 peaks agriculture needs to repay former loan principal and interest one hundred and six million and ninety thousand yuan, repay to latter loan principal and interest is total 39.94 million yuan, zhu Jinfeng, Ma Diancheng assumes joint liability.
Probably, a bit what be worth exclusively to rejoice, come by 2012 namely IPO closed gate suddenly 2014, 5 peaks agriculture appears on the market receive block. Or, according to at the outset plan, 5 peaks agriculture already landed capital market probably, receive nowadays dish loss is big, also became the stock market to go up by tens of thousands medicinal powder door people.
02 genesis " quite sexy " circular economy project"5 peaks agriculture invests in circular economy is a very sexy project in the circle, want to be cast at that time seek a relationship even. " although ending is gloomy, but from Beijing controller of project of agriculture of orgnaization of a PE in the mouth of Mr Wang, still can experience, once 5 peaks agriculture, have how popular.
Mr Wang introduces to bronco finance and economics, the mode of 5 peaks agriculture, it is a closed circuit, residual do not have waste. Upper reaches is paddy rice is cultivated, rice sale, middle reaches is the paddy treatment business such as paddy rice oil, and the by-product deep treatment such as rice bran, rice husk, it is to include the biology science and technology that biology generates electricity inside and the sources of energy to supply downstream.
More important is, these conception are not is the flat bread on PPT only, and be born has been compared sufficient, also be the successful example that China achieves economy of paddy rice loop exclusively up to now. The 5 peaks agriculture before be being cast, had been enterprise of bibcock of key of industrialization of national level agriculture, still be demonstrative base of countrywide produce treatment.
Just about this kind " mode sex appeal " with " block an effect " perfect overlay, attracted numerous investment orgnaization.
"The capital of loose standing grain of the son Li Wei that teachs like Li Yining wants to cast 5 peaks agriculture, want to sign fuller clause, even butt joint resource. " Mr Wang complements, "B of 5 peaks agriculture annulus and D annulus invests an orgnaization -- achieve great exploit together (832793.OC) Huang Li of proprietress, the 3rd large stockholder is Zhu Jinfeng the classmate in business school of the Yangtse River, rely on this relation to just be cast, nearly 100 million capital hit water to float now.
Squeeze broken head to want to divide a thick soup in those days, whose expect cake falls was in on the ground, bronco finance and economics with respect to afore-mentioned circumstances to achieve great exploit together (832793.OC) seek testimony, and the other side does not grant to respond to.
Nevertheless, check financing data to show according to weather eye, 5 peaks agriculture introduced 15 VC, PE to invest an orgnaization through 4 rounds of financing early or late. Do not calculate C annulus invests, the financing forehead of 5 peaks agriculture is as high as 587 million yuan. Report of audit of agriculture of a when bronco finance and economics masters solely 5 peaks also confirmed this.
Ms. Li is the employee before experiencing 5 peaks agriculture to promote a when decline, she tells bronco finance and economics, investment firm will make shift, after understanding a situation to her, express to her, "The mode of 5 peaks agriculture is very advanced, zhu Zong's story has perspective quite. Zhu Zong's story has perspective quite..
She still expresses, be based on so powerful partner setting, laozhu and old horse had planned A at least appear on the market, Hong Kong appears on the market, Taiwan appears on the market and new 3 board appear on the market, company be appearinged on the market buys 5 kinds of way, but did not think of however, final final result is to go bankrupt unexpectedly.
03 dense fog who " kill " died 5 peaks agriculture?Commercial pattern favour of orgnaization of advanced, investment, was full of even president itself even energy publicizes a dot, have the reason of so many success, is 5 peaks agriculture how of batter down of good skill shop sign?
The fuse is " capital catenary " .
Ms. Li is recollected, an each other of 190 million yuan of enterprises protected case drag in to arrive " 5 peaks agriculture " , bring about date of 6 financial Zhang to be sealed, and meanwhile, a large sum of banks borrowed money to arrive fitly period.
More bad is, bank there promise add to borrow originally, the folk that can borrow high interest when 5 peaks agriculture is leasehold when doing the bridge to borrow money, bank however with company condition not for beautiful, reject add to borrow. Borrowed high interest to cross the bridge not to take bank financing tardy however, "This is usurious boil all the time, capital catenary was broken very quickly " , ms. Li so respecting. Have a feeling to be like be ever acquainted? " people's name " in the capital catenary of Cai Chenggong of boss of fresh gale mill is so broken.
House leakage slants rain of wind the same night. Ms. Li earlies childhood, suffer commissariat to hold the influence of municipal plan in the palm, company of 2014 second half of the year is managed it is difficult to also appeared.
2014, the policy of the country that ask city will be wheaten (third class) lowest buys price relatively on year raise price 5.4% . Northeastern commissariat advocate produce a division, the civilian battalion that is in intermediate link closes store, commissariat processes a business often up a stump, upper reaches has a country to hold city in the palm to buy the competition of the price, have the extruding that imports food downstream. Partial paddy machines an enterprise to must reduce treatment amount, even stop production.
Today president of Inc. of wheat man drink model show Guo Yiceng to allude: "Commissariat buys the market in, common commissariat treatment manages enterprise and country to hold city in the palm to buy policy to carry out rich play chess and intense competition exist between main body, make profit of management company of treatment of a lot of commissariat scanty, long-term even deficit. Long-term even deficit..
Nevertheless, commissariat held municipal plan in the palm to had applied 10 one's remaining years, in former years 5 peaks agriculture did not appear so big crisis. An investment orgnaization controller that A annulus enters thinks 5 peaks agriculture takes bankrupt room for action, have a very main reason: "In-house program did not do blind dilate good. We think to a province makes circular economy and duplicate in Liaoning outspread with respect to OK. But, the company takes the ground to make circular economy in Jilin white city however, built a treatment base in Heilongjiang again, investment 300 million multivariate, what spend with respect to the fund that reachs be in harmony so is about the same, but investment return rate very low. If do not have blind dilate, the company is unapt the degree that can rupture to capital catenary. The company is unapt the degree that can rupture to capital catenary..
So far, the cause that trend of 5 peaks agriculture goes bankrupt appears already clear, it is enterprise dilate on one hand too fast, bring about capital catenary to stretch tight closely, the risk resists ability extreme difference; On the other hand, depend on market level bad, state of battalion of already of look forward to not beautiful; Plus " star-crossed " 4 words, just created mournful final result.
However, does the thing have only really so simple?
The ceiling of 04 lessons entrepreneur, it is the ceiling of the enterpriseAfter 5 peaks agriculture has an accident, the main reason end that many investment orgnaizations fail the project at entrepreneur oneself element.
Bronco finance and economics masters " about Liaoning the circumstance of Inc. of science and technology of 5 peaks agriculture is reported " also point out, capital catenary ruptures is the payoff that causes 5 peaks agriculture to produce management be in hot water, the financing cost of the enterprise is mixed high of financing structure unreasonable cause capital turnover not free, reason of deep administrative levels is experience of entrepreneur lack management and administrative ability.
Of course, this includes ability of management level, government already; It is to point to the basiccest humanness ways of life more.
Look according to classics all through the ages of Zhu Jinfeng, she has issued hillock to had lost job again, be tormented by ailment arouse one's all efforts to make the country prosperous, build up from nothing dozen go all out give a well-known company, belong to that kind of entrepreneur that investment orgnaization likes most.
But took so much investment, one night is cruel rich hind, accompany and come return those who the thought goes up to expand. A annulus invests an orgnaization to suggest Zhu Jinfeng goes reading business school of the Yangtse River at that time, raise management to run a level through attend in a advanced studies. Result, the most apparent change after she comes back is, began to use famous brand bag, wear the dress to also wanted to wear big shop sign...
As to president Ma Diancheng, it is can says more " signal lamp " . The employee before occupying 5 peaks agriculture explodes to bronco finance and economics makings, when company benefit is good, the old horse is taking a girl to get a twenty-five-stringed plucked instrument with respect to all day long, entertain guests, drink, boast; If the company meets difficult problem, he hides in Beijing home, do not appear in the company.
In addition, from the point of equity structure, zhu Jinfeng hold 5 peaks agriculture 42.28% equity, for company core character, ma Diancheng and its company are total hold 7.56% , do not take main place. "But, be in a company decision-making on, every have a major issue, zhu Jinfeng wants to listen to Ma Diancheng instead. " the controller after orgnaization having PE is cast expresses, "Affecting a company to develop major strategy of direction is by what be not core the person is made however, this is very awful. This is very awful..
A annulus is narrated to invest orgnaization controller to also tell bronco finance and economics before " PE market is too hot at that time, the first round of investment just finished 2010, we are not too agree to beginning to be done the 2nd round, we think it is good to should solve the problem of program and strategy should solve the problem of program and strategy first go again collect endowment, but entrepreneur does not agree to listen to an orgnaization however. But entrepreneur does not agree to listen to an orgnaization however..
Run level and strategic eye besides the individual, sincere letter also invites entrepreneur quite poll aches.
Have investment orgnaization report, zhu Jinfeng and Ma Diancheng do not hold shareholder plenary meeting with a variety of reason, do not offer money reply to partner on time, make partner very difficult the actual state that knows 5 peaks agriculture.
Be in 2014 second half of the year, local government has appeared personally preparative help enterprise resolves the crisis, but Zhu Jinfeng and Ma Diancheng do not tell true condition shareholder, still search in help of flicker PE orgnaization actually appear on the market to the company comes and buy a company, hope can deceive is covered now.
And this kind delusive after bringing about PE orgnaization, creditor to erupt in debenture Wu crisis, just discover 5 peaks agriculture already endowment not pay a debt in kind or by labour.
5 peaks agriculture does not wish the personage of know the inside story of sign one's name discloses to bronco finance and economics: "We suspect all the time, capital was transferred, although the industry is bad, but the investment money that the company has so much after all and bank borrow money, be in debt is such big, make a person incomprehensible. A lot of creditor expedite a lawyer, fossorial 3 feet seek large stockholder capital fund, only a creditor of beautiful Mu Si found 3 ring room in Beijing, the person has been caught now, can rely on judicatory audit ability to find out asset whereaboutldirection only. Can rely on judicatory audit ability to find out asset whereaboutldirection only..
And made on April 25, 2016 " court of people of boreal town city carries out ruling book " allude, 5 peaks agriculture defaults Zhang Yunting, Gao Shilin to wait for 577 workers eighteen million nine hundred and forty-five thousand yuan of salary. Via checking, 5 peaks agriculture does not have deposit in the bank, can not offer executive property.
In addition, bronco finance and economics understands, d annulus invests capital of orgnaization farming day to also had reached Zhu Jinfeng to mention to 5 peaks agriculture according to crime of fraud criminal accuses.
And interesting is, be in early Feburary 2016, chun Feng of Han of basis of court of people of boreal town city (civilian leasehold creditor) application, already cleared one case via accepting 5 peaks agriculture to go bankrupt.
Did square capital go to afore-mentioned so many correlation after all where? Return unknown at present, but having a bit is clear, president of 5 peaks agriculture, legal person has been arrested on behalf of Zhu Jinfeng, involve crime.
To this, golden sunflower capital invests chief inspector Xu Chengyi to express to bronco finance and economics, "Actually, in PE investment the half is to send a person, entrepreneur quality is very important! It is especially in company growing course, the individual impact of entrepreneur is very big. Resemble horizon of the educational experience of associate with, setting, thinking, pattern, the problem of the sincere letter that still has itself is investment the orgnaization should consider " .
The 05 disease that review a case to refract PE industry"Investment courage relies on to close cast, the management after casting relies on to put a sheep; GP accrual relies on cost rate, LP makes money lean lot " , this is PE in the circle rife paragraph child one of, but 5 peaks agriculture is unfortunate however by call the turn.
Where did so much money go? Is able Laozhu the tiger falls after all the female strong person of level land or adventuress? Already the 5 peaks agriculture of one ground chicken feather, talk for what local offerred another at one's leisure endowment.
But to the 15 investment orgnaization that enters agog at that time character, think over, just just begin.
When problem of catenary of capital of 5 peaks agriculture erupts, be apart from its to take D annulus 300 million yuan of RMBs just do not spend time more than one year. Appointed director and orgnaization of 15 when after undertaking major is cast, manage famous PE, what clue to discover?
The problem of be the first to be affected, it is to follow suit like with drop strategy, for sequel a series of the crisis is buried issued a big thunder.
"Our company follows namely drop strategy, see light accuse a division in mixing to enrolled business to cast greatly namely at that time, money much item is little at that time, good project should rely on to grab, use up tone to was not done, after be being cast, investment manager left, leave very big hidden trouble. " a public figure of the government after casting that projected 5 peaks agriculture says.
Bronco finance and economics understands, did not do fulfil his duty to investigate, adopt completely " with drop strategy " the orgnaization is more than. "PE market is too hot 2010, people says 5 peaks are bad to also be not believed, looking other the PE brand that pitchs, enterprise is ranked... to grab project oversight risk, had discovered finance affairs of 5 peaks agriculture is non-standard at that time, put in much ready money business, but put in fluky psychology, make endless concessions. After the crisis erupts later, collect data moment has read the report using up tone of another PE, discover 2009 the company mortgages main asset to the orgnaization financing such as the bank, but do not make shift at that time, discovery of after the event is already late " before narrate personage of know the inside story to say.
First-run the controller that invests one of orgnaizations of 5 peaks agriculture also tells bronco finance and economics " the circumstance that will to us had understood this project without other PE.
And Xu Chengyi is analysed, follow to cast a phenomenon or be compared in PE industry general. Because have investment truly,of eye still is minority. But the one side that we also should have seen, if an orgnaization does not have him to invest logic, just blindly with cast, it is very easy be washed out by the market, this is actually to investment climate one kind " ego is purified " . The market is only more and more normative, without giving thought to to investor, contributive person whole still society is beneficial.
The division in investing an orgnaization as to another heavyweight enrols business (832168.OC) , decision-making at that time when this investment, for control a venture, used " double cast meet definitely " (interior invests decision-making meeting + fund is decision-making meeting) mode. It is final only, as before principal is not had return. With respect to afore-mentioned views, bronco finance and economics was contacted in division action business, its reply says, this project invests a manager to had left his post, involve a group inconvenience of specific core business is announced to the public.
Moreover, fulfil his duty to investigate besides what invest link outside, to betting, counter-purchase waiting for a clause often is Chinese PE orgnaization the commonly used method to developing a venture, but go up at this o'clock, what they also do apparently is not quite good.
Public figure of the government after casting is narrated to divulge before occupying, at that time 5 peaks agriculture is seller's market, what PE clause signs is more comfortable, accuse greatly besides light this kind of orgnaization that has state-owned background, the division in including is action business, medium card highway inside a few PE were not signed at all to betting, counter-purchase.
"The situation of every orgnaization is different, this kind of behavior cannot treat as the same. Some orgnaizations financing is more abundant, be eager to going out money flower, or strategy of some groups investment is more radical, can produce such situation. But as the investor that bear the blame, still want discretion, because of much or social collect capital, deficit can cause bad effect. " Xu Chengyi thinks.
And too hopeful bring about the management after casting to put a sheep, investment interagency existence is mutual shuffle, etc rely on a circumstance, resultant force cannot be formed when project occurrence problem.
Personage of know the inside story is narrated to divulge before, 15 investment orgnaization at the outset project investment manager already left his post mostly, remnant still is in 9 times, belong to the management after casting because of the person that takes over later, profitable hope is uncertain, also do not have investment of heart of dynamical whole body to do appreciation to serve.
Of course an exemple that this kind of circumstance also is not 5 peaks agriculture. Mr Wang is narrated to also speak of before, this is the problem that PE industry faces generally, ability of the government after casting is insufficient, orgnaization of very much small-scale investment does not set department of the government after casting even, just dominate an office closing office with wind.
Bronco finance and economics still knows the detail of an afford for thought. After introducing investment from 2010, zhu Jinfeng also got varied capital run a proposal, the A on some proposals, the Hong Kong on some proposals, Taiwan, new 3 board, return some proposals to be appeared on the market the company is bought, the company also begins to invite the intermediary orgnaization such as office of accountant establishing a letter to enter the arena from 2010, prepare to appear on the market.
According to 5 peaks agriculture Ms. Li introduces, face the proposal with various pattern of numerous investment orgnaization, zhu Jinfeng muddled circle, she can do, taking one ticket person to make an on-the-spot investigation everywhere namely appear on the market the ground. "Investment orgnaization wants to make the introduction bear the business that sells business, do not be willing to share interest and other orgnaization again. " before narrate public figure of the government after casting to allude.
So so, of orgnaization of investment of numerous and professional PE " be in harmony, cast, canal, retreat " do too simply with trifling matter?
More those who let a person be surprised is, itself of some investment orgnaization with respect to the problem heavily, and the origin of capital is actually rely on bilk and come.
Bronco finance and economics understands, there is one in 15 orgnaizations that invest 5 peaks agriculture domestic name is the Jin Hua in Beijing to achieve investment to invest a center (limited partnership, the Jin Hua in saying below is achieved) , yan honor city returns its controller to be made because of embezzlement of capital of contract bilk, divert, post criminal ruling. According to Langfang city procuratorate of people of vast in relief area was opposite in December 2014 the public prosecution that proposal of Yan honor city mentions shows, the Jin Hua in diddle of Yan honor city achieves other shareholder Wang Mou (hold 10% ) , Zhang Mou, Jiang Mou, Zhou Mou (each are held 5% ) aggregate fund of 10.5 million yuan of investment.
Can of 5 peaks agriculture calls PE on one round the classical failure case in mad tide, no matter be to grab a project to follow,cast do not make shift, because bilk offends,still be PE company boss criminal law, and even classmate relation is cast, also or do not sign to betting, counter-purchase, the management after casting puts a sheep... a variety of strange elephants, refracted PE industry almost all defect.
"I do not mind media coverage, to PE, the place that this failure case deserves to think over is too much. " before narrate A annulus to invest orgnaization controller to say.
06 augury character does not invest to pass hill custom?"Investment does not pass hill custom " , public figure of the government after casting is narrated to say this word to bronco finance and economics repeatedly before.
The 5 peaks agriculture of bring into contact with of bronco finance and economics is four-wheel the investment orgnaization that enters in investment, also expressed a similar point of view: Compare with other place photograph, northeast financial environment and company quality of a material really can care. Be in especially seasonal on more apparent agriculture project, environment is gone against receive Chu Hequan year sale. The circulating fund of the enterprise will naturally bear pressure, its are spent to the dependence of bank financing can become tall. And 5 peaks are fall was fallen on capital catenary.
Xu Chengyi is analysed from professional point of view further, investment orgnaization not apt is northeastern investment, it is talent element above all.
Its express, case of northeast and high grade the brain drain is at present more severe, and investment half is to send a person, the talent does not follow to go up, the follow-up that goes against an enterprise develops. Additional, northeast economic big environment is not too good really, GDP is added fast it is negative more very, if countrywide hypostatic economy goes low, northeast circumstance is met only worse. This at 2 o'clock, investing an orgnaization is turned round without method, more be need state level drive. Finally, environment factor is very main also, besides agriculture, some orgnaizations return northeastern investment estate, the result casts the past one year to have land of half an year freeze, do not have even foundation the law to hit.
As to the character issue of northeast enterprise itself, xu Chengyi thinks, the problem of moral level is quantified very hard actually, this invests theory of mechanisms to be able to know a person with respect to the requirement, had done fulfil his duty to investigate, but such also cannot complete avoid problem, invest this thing to be mixed besides major after all outside experience, the factor that still has lot is inside.
And itself is northeast person, what encountered 5 peaks agriculture invests failure again is medium Chan Xiangshuang of president of division action businessman, how look upon " doesn't investment pass hill custom " view? He tells bronco finance and economics: "This kind of view is mixed not objectively comprehensive, project of a few investment is northeastern did not achieve expectant earnings, it is the economic structural adjustment that having with the country and transition upgrade relative. Northeast and state-owned company is occupied than tall also, the economic transition pressure that should face below this kind of circumstance is greater, because this created a few projects and company,did not obtain the appearance that anticipates redound. Because this created a few projects and company,did not obtain the appearance that anticipates redound..
"As the improvement of the adjustment of northeast economy structure, investment climate, and new the new atmosphere that a government brings to us, we are opposite as investor northeast future is confident, still can increase the project that the project that invests northeast industry transition to upgrade and double innovation zoology form. " Chan Xiangshuang expresses at that time, division action business still increased the investment to Shenyang in.
Nevertheless hearsay says, division action business has occurrence risk of many northeast projects in. Chan Xiangshuang at this point hearsay undertook denial to bronco finance and economics.
Just analyse like Chan Xiangshuang in that way, the economy of northeast area grows, more or less be faced with the element with a few particular area. Of course, the improvement of northeast investment climate cannot leave environment of whole old economy. Actually, the improvement of poineering environment, civilian battalion enterprise reachs the promotion of its operator quality, and investment orgnaization reason, professional, those who fulfil one's duty undertake " be in harmony, cast, canal, retreat " , those who solve difficult question of financing of civilian battalion industry and financial environment optimize, it is instantly rectifies a China, need faced problem.
On March 1, 2017, president of 5 peaks agriculture is saved south Feng Zaihai of bright red gold 3 inferior city beauty Gao Mei hotel is seized by public security mechanism. After two years, she is faced with will be criminal punishment of 3 years. The deep feeling that just invests orgnaization personage like 5 peaks agriculture -- " without heavy tuition, which can wake up to reality easily? Investing an orgnaization also is mature gradually " . Hope more invests an orgnaization with She Ji the bitter lesson of 15 orgnaizations of 5 peaks agriculture is lens, become good industry evolution, avoid follow the same old disastrous road.
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