Xu Jiayin's backer also fell, 400 million shares were frozen, this person once gave Xu Jiayin 5 billion in one go, and was once the leader of the world's top 500 enterprises, but now he can't take a plane, and he can't afford to pay 100 million. This person is Wang Wenyin, the former boss of Zhengwei Group. Some time ago, Zhengwei Group was exposed to the fraud of 10 trillion assets, which caused a huge sensation all of a sudden, after all, this is more than Xu Jiayin's 24 trillion is more than 4 times higher.
According to the financial report of Zhengwei Group, it will have an operating income of more than 600 billion yuan in 2022, once ranking 124th among world enterprises, and once surpassed Huawei to become the strongest private enterprise in Guangzhou. It is said that the value of the group's mineral resources is also more than one trillion yuan, so it has also won the title of the king of the world. After looking at it in such a series, I believe that no matter who sees these data, they will feel that this is a powerful company, so why was it suddenly exposed to huge asset fraud?
No one believes it, but reality is often so magical. Just some time ago, China Construction Eighth Bureau sued Zhengwei Group, accusing them of defaulting on nearly 200 million yuan in project payments. It stands to reason that such a large group will have a revenue of 600 billion yuan in 2022, and it should feel similar to them taking out 100 million yuan for us ordinary people.
But the magic point of the matter is here, and the people who want debts come to the door, only to find that this company is already in ruins, and it can't take out 100 million to repay the loan. In fact, the root cause is that Zhengwei Group keeps buying land in various parts of the country, and there are sixty or seventy industrial parks, which are used for mortgage loans after they are built, and they need subsidies from above. In short, after such a circle, Zhengwei's annual net profit is not even 1%, and the seemingly huge revenue of 600 billion yuan may actually be 60 million.
So it's normal that the 100 million can't be taken out. Such low profit margins have made the public deeply question its self-contained assets of 10 trillion. At present, the jury has not yet been made whether the asset fraud is real, but the credibility of the enterprise has been severely damaged as a result is already certain. If it turns out to be a real fraud in the end, then this Leibi Evergrande's 24 trillion is much larger. A wave of unsettled waves has risen again and again, what should we do when it really comes?