Whip bull Shi February 1 news, yesterday Sanyan and many other ** reported that the official website of the donkey mother travel network has been unable to open, its app, small program can not be used normally, the official *** has been stopped for several months, the last update was in May last year, at the same time, the latest update of the Apple version of the app was 7 months ago, into rumors of disbandment.
Subsequently, the donkey mother responded that the three-year epidemic has had a significant impact on the cultural tourism industry and the donkey mother. Donkey Mother's partners and some companies owe more than 2 billion yuan to Feidon Bay, the operating company of Donkey Mother, which is difficult to recover for a while, plus some banks have withdrawn loans, cut off loans or collected more than 500 million yuan from Feidon Bay in disguise. This makes it difficult for the donkey mother to cash in cash. Some banks sued the donkey mother and blocked the account and domain name, which affected the operation.
The donkey mother said that she has been actively communicating with all parties to solve the problem as soon as possible.
Founded in 2008, Donkey Mama Travel Network is a well-known comprehensive tourism in China, a leading brand of self-guided tours, and the pioneer of China's scenic spot ticket booking model, providing scenic spot tickets, resort hotels, peripheral tours, business travel customized tours, domestic tours, outbound tours, large transportation and other booking services.
According to public information, Donkey Mother has received multiple rounds of investment of more than 5 billion yuan from Sequoia China and Jinjiang Hotel.
The donkey mother has been entangled in lawsuits for nearly a month, and has been listed as a high limit and a dishonest person subject to execution many times.
Hong Qinghua, the founder of Donkey Mother, was also caught in a huge compensation lawsuit.
According to a December 2023 announcement by Zheshang Bank, the court ordered Wuhan Fasco Energy Technology to pay about 31 percent of the transfer price to the Nanjing branch5.7 billion yuan and corresponding liquidated damages, which involve donkey mother and Hong Qinghua.
Zheshang Bank announced that the bank's Nanjing branch submitted a complaint to the Nanjing Intermediate People's Court due to a contract dispute with Wuhan Fasco Energy Technology Co., Ltd., Ji Changqun, Xia Guihua, Hong Qinghua, Ningbo Shimeng Paikang Enterprise Management, Ningbo Meishan Bonded Port Zone Zhejing Equity Investment Partnership (Limited Partnership).
The main contents of the first-instance judgment of the Nanjing Intermediate People's Court are as follows:
1) Wuhan Fask Energy Technology Co., Ltd. shall submit the application to Nanjing Branch within 10 days from the effective date of this judgmentThe transfer price is paid about 315.7 billion yuan and corresponding liquidated damages
2) Ji Changqun, Xia Guihua,Hong Qinghua shall be jointly and severally liable for the debts determined in item 1 of this judgmentand has the right to recover from Wuhan Fasco Energy Technology Co., Ltd. after assuming responsibility;
3) Nanjing Branch has the right to pledge Wuhan Fasco Energy Technology Co., Ltd. for Ningbo Shimeng Paikang Enterprise Management***4200,000,000,000 sharesHong Qinghua pledged the shares of Shanghai Feidon Bay Cultural Communication*** about 122970,000 shares, Ningbo Meishan Bonded Port Zone Zhejing Equity Investment Partnership (Limited Partnership) pledged Shanghai Feidon Bay Cultural Communication shares *** about 6898The proceeds from the auction and sale of 3.25 million shares enjoy the priority right to be repaid within the scope of the debts determined in item (1) of this judgmentNingbo Shimeng Paikang Enterprise Management Hong Qinghua and Ningbo Meishan Bonded Port Zone Zhejing Equity Investment Partnership (Limited Partnership) have the right to recover from Wuhan Fasco Energy Technology Co., Ltd. after assuming responsibility.
That is, if the judgment of the first instance takes effect or the original judgment is upheld in the second instance, the defendant will pay 31$5.7 billion and liquidated damages.
The case acceptance fee in this case is as high as 2241320,000 yuan, property preservation fee of 5,000 yuan, a total of about 2,241820,000 yuan, and the defendant jointly bears about 2,241240,000 yuan.
According to the requirements of the judgment, the plaintiff may claim 315.7 billion yuan, including Donkey Mother CEO Hong Qinghua.
According to the secret agent financial report, in April 2017, the Nanjing Branch of Zheshang Bank and Zhejin Trust signed the "Zhejin Tianmu No. 9 Single Fund Trust Contract", entrusting it to set up a single fund trust and subscribe for the LP share of "Ningbo Meishan Bonded Port Area Zhejing Equity Investment Partnership (Limited Partnership)" with a trust period of 36 months.
Zheshang Bank announced that the Nanjing branch invested nearly 29 percent of the trust plan funds "according to the agreement".2.5 billion yuan, Zhejin Trust also subscribed for the LP share of the above-mentioned "Zhejing Equity Limited Partnership" according to the agreement.
One year later, Nanjing Branch of Zheshang Bank signed the Trust Beneficiary Rights Transfer Contract with Wuhan Fask, stipulating that Wuhan Fasco should transfer the trust beneficiary rights under its trust plan, and Wuhan Fasco should transfer the beneficiary rights of the trust plan and pay all the transfer money on the agreed transfer date.
As one of the additional conditions, Hong Qinghua and three other natural persons provided guarantees for the transfer of the beneficiary rights of the above-mentioned trust; As an additional condition, Hong Qinghua will hold Shanghai Feidon Bay 782% equity, "Zhejing Equity Limited Partnership" holds 438683% of the equity was pledged to Nanjing Branch and 100% of Wuhan Fasco was pledged to Nanjing Branch of Zheshang Bank.
From the perspective of equity structure, Wuhan Fask and its parent company have no relationship with Hong Qinghua, the boss of Jingyu Group, but Hong Qinghua "made both a guarantee and a pledge guarantee" for the transfer of trust beneficiary rights. "Zhejing Equity Limited Partnership" also staked Shanghai Feidon Bay 43 to Zheshang Bank8683% equity for Zheshang Bank to transfer the trust beneficiary rights for credit enhancement.
Unfortunately, after the expiration of the payment date for the transfer of the beneficiary rights of the trust, Wuhan Faske did not perform the contract.