Take Zhonghuan International Trading Group Co., Ltd., which was established in Shijingshan, Beijing, in 2018. From the beginning of its establishment, the company’s corporate culture department was in a mess. After recruiting 80 employees, it once threatened that by the end of 2019 Reaching a scale of thousands of people, everything came to nothing in January 2020. The actual controller Liu Ziqiang was owed more than 5 million in salary and ran away. The empty office space of Ruida Building is left behind, and it is reported that it still owes nearly 20 million yuan in various types of money such as property fees, dining expenses, and investors' investment funds.
Not only that, the company has also established a large number of shell companies, such as: Jinxing Electric Power Sales Co., Ltd., China-Brazil New Energy Environment International Investment Co., Ltd., Bear Hunter Technology Co., Ltd., Shandong Zizi Parking Management Technology Co., Ltd., Shandong Zizi Station Engineering Technology Co., Ltd., Shandong Zizi Automobile Sales and Service Co., Ltd., Shandong Zizi Travel Information Technology Co., Ltd., Shandong Zizi Car Rental Co., Ltd., Jinan Tianjun Electric Technology Co., Ltd. , Maiduo Investment Co., Ltd., Nengdou Network Technology Co., Ltd., Wensi International Health Care Development Group Co., Ltd., Zhonghuan Minkang Industrial Co., Ltd., Zhonghuan Zhongzhi Technology Co., Ltd., Beijing Ledong Planet Sports Culture Co., Ltd., Guo Neng Bowen (Beijing) Technology Co., Ltd., Hanyou Intelligent Investment Co., Ltd., Guangsheng Media (Beijing) Co., Ltd., etc. And these companies exist with mixed personalities.
From the information obtained above, we can see that investor Liu Ziqiang has several problems:
1. There are too many investment projects and no key projects. His lover Wei Zhenzhen wants to do everything, but suffers from insufficient funds, so he communicates and cooperates everywhere, gains trust, extorts money, and then pays for his family's happy life.
2. The investment scale is too large and the asset-liability ratio is too high. Although he received some financial support from elsewhere, as of January 1, 2020, he was still owed more than 5 million in salary. Although he has a mansion in the United States and a large amount of cash transferred, even Liu Ziqiang has been identified as Border control officers are able to escape and come and go freely from the United States and the country, which is really admirable.
3. Obsessed with dominance and seeking partners who are too weak. For example, in the second half of 2019, Liu Ziqiang had a sudden idea: Can he collect a large amount of bidding deposit for his own use through a newly renovated office building project? The answer is yes, so Liu Ziqiang asked the Information Center to create a bidding website and publish bidding information on the website, and asked the technology department to find a large number of bidding companies. Each company collected tens of thousands of yuan in bidding deposits and made Be mentally prepared not to return the deposit. Liu Ziqiang lacked sincerity in cooperation and frequently breached the contract. Therefore, the paper failed to stop the fire. Nearly 30 companies came to ask for deposits, affirmed Liu Ziqiang's image of keeping his word, and promised not to continue to cooperate with Liu Ziqiang's Zhonghuan Group. The social impact of Liu Ziqiang's move was extremely bad, making many companies angry at Shijingshan District's industrial and commercial administration and the inaction of certain departments.
4. Exaggerate one’s abilities. Liu Ziqiang claimed to the outside world that he could enjoy the shade with a big tree at his back, and that he had investments from the National Bank and Ferrari Capital, so he was not short of money. It is reported that he, Liu Ziqiang, fabricated these things out of thin air. It's enough to show that everything he does is planned, even if he doesn't pay for anything. From the initial trademark design fees owed, to the dining fees at Zhongding Tower in Ruida Building, the property fees in Ruida Building, and the printing fees from the printing agency, as well as employee wages, social insurance, etc., as long as Liu Ziqiang runs a company or private It is basically impossible to pay any expenses incurred in life.
The failure of Liu Ziqiang, chairman of the board of directors of Nengdou International, may not have defeated him, but it has defeated the more than 60 employees who were with him in the end. This gives us a good warning that we need to be cautious when investing and don’t make decisions based on our hearts.