Haidilao, which focuses on hot pot, has also begun to take the “fast food route” for takeaway. Does this mean that Haidilao wants to take a share of the fast-food industry?

At noon on April 10, the reporter visited the Zhengzhou Haidilao Kaixuan store and found that there were many consumers who came to buy box lunches. The lunch box provided by Haidilao is a set meal, and the price is about 11-15 yuan.

“The box lunch fast food adopts a customized form, mainly to meet the needs of citizens around the store due to the Covid pandemic.” Wang Yaqiong, the lobby manager said.

At the entrance of Haidilao on the first floor, the table is full of set lunches in handbags.

The reporter noticed that the package includes scrambled eggs with tomatoes, chicken wings, and rice, and also comes with porridge and an orange. Staff in uniform are checking customer information to take meals.

In an interview with reporters, the relevant person in charge of Haidilao headquarters said: Due to the pandemic, office workers around the store asked if they could provide fast food, and the customer flow of the store has declined to a certain extent due to the pandemic. Therefore, in order to facilitate the public to eat, some Haidilao stores sell takeaway lunches, so as to maximize the convenience and dining needs of customers at home.

In fact, in the post-pandemic era, not only Haidilao but also many catering companies are exploring diversified business models, which also facilitates dining for citizens.

From the perspective of catering industry insiders, Haidilao is a catering company that focuses on hot pot, and take-out lunches may only be a temporary and flexible measure for individual stores. This does not mean that Haidilao will fully roll out simple lunchboxes in the future.

The reporter learned that in addition to the Zhengzhou Haidilao Kaixuan Plaza store, there are also Haidilao stores in Shanghai that serve some cheap hot pot dishes, mainly covering the communities where the employees of the stores are located. The number of daily reservations for simple hot pot dishes is about 150 to 200, and the meals are delivered in the form of takeout.

The post Haidilao Started Selling Boxed Lunches? 15 yuan! appeared first on Rabbit Says.

This case, which has attracted much attention from society, has finally been settled.

Yuan Renguo’s bribery case has great political influence and high social attention, coupled with tight time, heavy tasks, and difficulty. How can the procuratorial organs complete the review task of the case with quality? How can we make the prosecution evidence meet a certain and sufficient standard?

The Supreme People’s Procuratorate recently disclosed the details of the case and brought us the answer.

In October 2018, the Guizhou Provincial Supervisory Commission filed an investigation into Yuan Renguo’s alleged violation of the law. During the handling of the case, more than 40 investigators counted 1,588 pieces of gold products, watches, jewelry, calligraphy, and paintings from Yuan’s home, many of which were rare items such as ivory, as well as a number of RMB, US dollars, and British pound cash. It took the staff a day and a night to complete the inventory.

The Guiyang People’s Procuratorate immediately dispatched key case-handling personnel from various departments and quickly established a task force. “This is a very complicated case. The time span is very long and the number of cases is very large.” The investigator said, “Although he (Yuan Renguo) only committed the crime of accepting bribes, his means of accepting bribes are more complicated. The entire case file is about 100 copies. “During the entire review and verification process, the personnel in this case repeatedly consulted and connected with the supervisory authority.

After review, it was found that the entire case file highlighted the fact that Yuan Renguo made use of the approval power of special resources to provide help to illegal dealers in the business of Moutai liquor in violation of regulations. From 1994 to the incident, Yuan Renguo received bribes of up to 110 million yuan.

In April 2019, the Guizhou Provincial Supervisory Committee transferred the case to the procuratorate for review and prosecution. Within 2 months from the acceptance of the case to the prosecution, the task force reviewed the evidence of the whole case one by one and formed a 370,000-word review transcript, with more than 25,000 characters. The 29 cases of bribery were analyzed one by one, and the circumstances of Yuan Renguo’s sentencing were carefully reviewed. The foreign currency and stolen goods he received were converted into RMB and included in the amount of bribery according to the exchange rate and valuation opinions.

“A lot of invisible work has been done.” The case investigator said, “This case should be able to be shown during the trial process. In the early stage, whether the work of the supervisory organ or the work of the public prosecution organ, both were done to the extreme.”

In September 2021, Yuan Renguo was sentenced to life imprisonment, deprived of political rights for life, and confiscated all his personal property. The property obtained from bribery was recovered according to law and turned over to the state treasury.

The post Details of Moutai’s Yuan Renguo Exposed for the First time appeared first on Rabbit Says.

In April of this year, a piece of news broke on the Internet that Singapore oil dealer Xinglong Group and its subsidiaries have applied for bankruptcy protection in the courts, its founder, Lin Enqiang, was accused of concealing a loss of 5.6 billion yuan in the company’s financial statements, under investigation by the police.

The name Lin Enqiang may not have been heard by ordinary people, but in the oil industry, he is a legendary figure.

Decades ago, he broke into a world from Putian Fishing Village. His fortune story directly contributed to the birth of the Putian Petroleum Gang and made a “godfather-level” contribution to the Putian Petroleum Industry from scratch.

In 1943, Lin Enqiang was born in Shicheng Village, Daitou Town, Putian. He dropped out of high school and went to his father in Nanyang to seek to live with his mother. He started a fish business. At that time, because of the advantages of the Strait of Malacca, Singapore was already the largest oil trading center in Asia. Lin Enqiang often sees the whole process of “fuel mice” driving fishing boats to steal oil at sea.

The so-called “fuel guzzlers” are people who earn a living by stealing oil. They have a good relationship with the boss of the oil ship during the day, and they carry oil drums at night to steal and sell oil. Unable to help the temptation to make money, when he was 18, Lin Enqiang joined the team. He was bold and intelligent. Before long, he collected the oil in the hands of the fuel guzzlers and ran to sell them to major companies in Singapore that needed diesel.

After the oil stalls grew bigger and bigger, Lin Enqiang owned his own tanker and started his own company, which is the Xinglong mentioned at the beginning of the article, when he was only in his 20s. His strategy is often to buy a large amount of crude oil hoarded on the market when the price is low and then sell it after the price rises.

In 1998, Xinglong made a large order of 460,000 tons of diesel, which established Lin Enqiang’s position in Singapore’s fuel oil industry. The company also has dozens of tankers, ranking second in scale in Singapore, second only to the Singapore government For the Royal Tanker Company, there are many transactions. If Lin Enqiang does not nod and say OK, things will not be done.

In China, opportunities for oil sales businesses have also come. The refined oil retail market has begun to liberalize. The government encourages private capital to enter the market. Lin Enqiang, who has the “big brother spirit”, intends to support fellow Fujianese and help younger generations who lack experience and resources. With the completion of a complete industrial chain from oil depots, marine, and land transportation teams and railway dedicated lines, distribution centers and gas stations, the Fujian oil gang has gradually emerged.

They started to set up private gas stations across the country. By 2008, several private gas stations such as Midway Energy, Zhongneng Group, Zhongfu Group, etc. had taken shape. They were established in Liaoning, Shandong, Sichuan, Hebei, Guangdong, Inner Mongolia, the market share of Xinjiang and other places are getting higher and higher. Even on the plateau more than 4000 meters above sea level, there are people from Putian gas stations.

In 2010, there were more than 50,000 private gas stations nationwide, 75% of which were invested by the Putian people. Regarding how profitable it is to run a gas station, someone has calculated an account: “The cost of building a gas station is around 10 million yuan. If the profit is particularly good, it can be paid back in two years. Normally, 4-6 years.” The data shows that the annual rent of a gas station is tens of millions, and the annual output value is as high as 4 trillion.

So far, there are thousands of private enterprises engaged in oil and gas in Fujian. Most of them have billions of dollars, but they do not appear in media reports as frequently as Shanxi coal bosses. They believe in their hearts that “the best publicity is not to publicize. Just make a lot of money.”

While making a lot of money, problems have also arisen. Some people say, “The nature of the Putian system is difficult to change.” Their gas station imitates two barrels of oil from the cottage, which is easy to confuse and misunderstand. Various high-tech methods control the fuel dispensers in order to achieve the goal of reducing the burden, and use a mixture of non-standard oil and national standard oil to buy, and even directly sell low-quality non-standard diesel to make huge profits.

However, the Putian gas station is looking for breakthroughs in other places to create advantages. Compared with the state-owned gas stations, they dare to cut prices. The oil sold is usually about 50-1.5 yuan cheaper than the official price of three barrels of oil.

Compared with other private gas stations, they have a better sense of service. The delivery of water, paper, and a free glass of water are all routine operations. When customers are satisfied, the business will naturally be good.

In this way, amidst the negative and controversial accompaniment, the Putian bosses behind it did not affect the continued profitability.

Since the financial crisis, the market share of private gas stations has been affected. Many unstable private gas stations have withdrawn from the market, but private gas stations in Putian are still alive and well.

Just imagine, if there were no private gas stations, and all PetroChina and Sinopec were operating, how much would China’s oil price rise?

Compared with Putian Hospital, Putian’s fake shoes, Putian’s private gas station, as a very seconded commercial gang, plays a special role in the industry, because of them, the structure of China’s oil industry has not been completely monopolized by state-owned giants.

The post The Mysterious and Low-key Putian Petroleum Gang: Gas Station with an Annual Output Value of 4 Trillion appeared first on Rabbit Says.

Not long ago, Mercedes-Benz released sales data for the first half of 2020. Data show that from January to June 2020, it has delivered 346,067 new vehicles in China, which has basically returned to the level of the same period of the previous year.

Compared with the results of BMW (including MINI) 329,069 and Audi 301,817, Mercedes-Benz won the first half of 2020.

However, the staged victory in China does not mean that Mercedes-Benz will be easy. On July 8, Daimler CEO Ola Kaellenius stated at the company’s annual shareholder meeting that despite the rebound in the Chinese market, the accumulated business losses in recent months cannot be recovered before the end of the year, and further cost reductions are needed.

In fact, Mercedes-Benz has been cutting costs for a long time. Associated with cost reduction is the quality crisis that comes with it.

According to an announcement issued by the Defective Products Management Center of the State Administration for Market Regulation, Mercedes-Benz has initiated 14 recalls in China since 2020. Its latest recall announcement was released almost simultaneously with the 2019 financial report.

Dozens of recalls, involving C-class, E-class, S-class, GLA, AMG, and other popular models covering almost all domestic and imported models, totaling 794,000 vehicles.

This figure not only far exceeds the sales volume of 346,000 vehicles in the first half of 2020, but also exceeds the total sales of Mercedes-Benz in China in 2019 (700,000 vehicles).

It is worth noting that in 2019, Mercedes-Benz’s quality performance is also not optimistic. Data show that in 2019, Mercedes-Benz recalled more than 1.45 million vehicles in China. In 2018, the number of recalls was less than 200,000.

It is not difficult to see that in the past two years, Mercedes-Benz’s brand image of “rigorous craftsmanship and high quality” has been difficult to stand upright.

Quality is no longer guaranteed

Data show that as of July 10, 2020, more than 30 auto companies in the domestic market have issued 73 recalls, with a total of 3.322 million vehicles recalled.

Among them, luxury brands represented by BBA initiated 41 recalls, involving approximately 1.611 million vehicles, and both the number and number of recalls accounted for more than half.

If luxury brands were the hardest hit area for car recalls in the first half of the year, then Mercedes-Benz was the top hard-hit area.

Throughout the first half of the year, Mercedes-Benz initiated 14 recalls involving nearly 800,000 vehicles, which is close to half of the total number of recalls of the entire luxury brand.

In contrast, BMW and Audi, both of which belong to the first camp of luxury car brands, appear to be more “subtle”. Audi recalled about 410,000 defective products in the first half of the year, while BMW recalled less than 10,000.

Among the dozens of recalls of Mercedes-Benz, the recall that was initiated on June 29 due to the potential safety hazards of oil leakage was the one involving the most vehicles, including imported C-class, SLC-class, CLS-class, E-class, GLC SUV, and domestically produced C-class. Dozens of models including Class, E Class, GLK Class, etc., totaling 669,000 vehicles.

Mercedes-Benz’s announcement shows that for some vehicles within the scope of this recall, the junction of the engine’s high-pressure fuel pump and the low-pressure fuel pipe will be affected by a long-term thermal load, and the sealing performance will be reduced. When the vehicle is started under cold conditions, oil leakage may occur, posing safety risks.

In response, Mercedes-Benz will replace the high-pressure fuel pump fuel pipes for vehicles within the scope of the recall free of charge.

However, judging from the response of the Mercedes-Benz customer service center, in addition to the oil leakage problem, the vehicle involved seems to have problems such as engine water pump failure, crankshaft failure, oil emulsification, and abnormal engine noise. This can also be corroborated by many complaints from third-party vehicle complaint platforms such as Car Quality Network.

It is worth mentioning that the large-scale outbreak of Mercedes-Benz quality problems did not start in the first half of this year.

Refer to the recall announcement issued by the Defective Product Management Center of the State Administration for Market Regulation. In 2019, Mercedes-Benz issued 27 recall announcements in China, recalling a total of 1.4582 million defective vehicles, ranking first in the domestic market recalled brands that year.

In addition to product design and assembly problems, the sharp decline in product quality is another important reason. Beijing Benz’s factory in Yizhuang, Daxing, has been repeatedly reported by the media that there are problems with car materials and parts reduction.

Take Mercedes-Benz E-Class, C-Class, and GLC SUV as examples. After domestic production, Mercedes-Benz officially replaced some of the materials of several models from aluminum alloy to steel under the slogan of “reducing maintenance costs for Chinese consumers.”

But the problem is that domestic models will lengthen the body, and the material “aluminum for steel” will greatly increase the weight of the vehicle, which will bring hidden quality problems to the vehicle.

Around 2018, the hidden dangers caused by the reduction of body materials began to emerge. The Mercedes-Benz E-Class frequently fell into the “broken axle door” storm due to the break of the shock absorber.

After the broken axle incident was exposed, Mercedes-Benz did not admit that the product had quality problems and only replaced some of the vehicles involved with enhanced shock absorbers.

It was not until May and November 2019 that Mercedes-Benz was forced to initiate a recall of nearly one million C-class and E-class models. In addition to broken shafts, the recall also included tire blowouts and abnormal engine noise.

In connection with the well-known Xi’an female car owners’ rights protection incident in April last year, we can see that Mercedes-Benz’s brand image of “rigorous craftsmanship and high quality” has long since been “negative”.

Arrogance has become a habit

In addition to frequent quality problems, Mercedes-Benz’s arrogant attitude has also been criticized in China.

“It is enough to spend more than 1 million to add trouble to me.” These are the original words of a Mercedes-Benz S400 Hybrid owner in an interview with the media.

In the eyes of many Mercedes-Benz owners, the arrogant attitude of Mercedes-Benz is even more unacceptable than frequent quality problems.

The complaints of car owners are not nonsense.

Judging from many public reports, in response to product quality issues, Mercedes-Benz and 4S stores often “kick the ball” phenomenon, and “problems occur-consumers negotiate with 4S stores-leave the car to observe-observe no results-consumer requirements “Return/Exchange-Leave it alone” has become Mercedes-Benz’s usual routine.

In addition, Mercedes-Benz also has many behaviors such as the existence of the overlord clause and the misinterpretation of the three guarantees policy. As a result, many consumers said that customers who were original “God” in front of Mercedes-Benz have become disadvantaged groups and “disadvantaged people” and have not received their due respect. Even though Mercedes-Benz issued a relevant statement under pressure from public opinion, it basically used the words extremely official, without sincerity of apology and guilt towards consumers.

Compared with the arrogance of facing consumers, Mercedes-Benz’s attitude towards the public is not much better.

In 2017, the Takata airbag incident broke out. The General Administration of Quality Supervision, Inspection, and Quarantine has repeatedly interviewed Mercedes-Benz and asked for a recall of the problematic vehicle. However, Mercedes-Benz was indifferent several times and did not initiate the recall until the last minute. Such an attitude is very different from its US performance in the market.

Then look back to 2020. At the beginning of this year, Beijing Benz issued an application to the Tianjin government, stating that “If work cannot be resumed on February 10, Beijing Benz will lose 400 million yuan a day.” At the height of the epidemic in China, this move by Mercedes-Benz made many people feel chilling.

The recall initiated by Mercedes-Benz on June 29 was also carried out when the State Administration for Market Supervision and Administration initiated a defect investigation, which is a passive recall.

However, Mercedes-Benz’s arrogance is obviously emboldened.

Statistics show that in the second quarter when the epidemic gradually eased, Mercedes-Benz delivered a sales report of 207,000 vehicles, a sharp increase of 21.6% compared to the same period last year.

It was precise with its eye-catching performance in the second quarter that Mercedes-Benz was able to surpass BMW with 16,998 vehicles and regain the title of luxury market sales champion.

It is worth mentioning that this interpretation of “True Fragrance Law” is not only available this year.

Around 2017, Mercedes-Benz fell into the “spontaneous combustion door” due to multiple spontaneous combustion accidents of E-class and GLC. Although public opinion was fierce at that time, it did not affect Mercedes-Benz’s best-selling. That year, Mercedes-Benz’s sales increased by 26% year-on-year, killing Audi (1%) and BMW (15%).

In 2018, due to the large-scale E-class and GLC shock absorber fracture accident, Mercedes-Benz was once again pushed to the forefront of public opinion. But this year, not only did Mercedes-Benz still top the BBA’s sales growth rate, reaching 11.1%, but it also replaced BMW’s luxury brand as the runner-up in sales, only a few thousand units behind the champion Audi.

Last year, although the rights protection incident of female car owners in Xi’an once made Mercedes-Benz in a whirlpool of public opinion, in 2019, Mercedes-Benz still ranked second in the sales list of domestic luxury brands. In the case of the overall decline of the national automobile market by 8.2%, it achieved 6.2%. increase.

No matter how frequent product quality problems occur, and no matter how car owners and users complain, Mercedes-Benz will not move, and the products will still sell well. Looking at the domestic auto market, there is probably no second such a proud car brand besides Mercedes-Benz.

Can you continue to lead

With the opening of the second half of the auto market in 2020, it is not easy for Mercedes-Benz to continue to lead.

In the first half of the year, although Mercedes-Benz’s cumulative sales were in a leading position, its sales volume did not diverge from BMW. Data show that after entering the second quarter, Mercedes-Benz sold 207,000 vehicles, and BMW sold more than 212,000 vehicles. Judging from the performance in the second quarter, Mercedes-Benz is not dominant.

In the second half of the year, with the intensive launch of new cars from rivals BMW and Audi, Mercedes-Benz will face greater pressure.

The slow response in the domestic new energy market may be another “stumbling block” for Mercedes-Benz to continue to lead.

As of 2019, China’s new energy vehicle market has produced and sold more than 1 million vehicles for two consecutive years. However, in the past two years, Mercedes-Benz has not taken the lead in the new energy vehicle market.

Until early 2020, Mercedes-Benz did not release its new energy plan. According to the plan, by the end of 2020, Mercedes-Benz will launch 5 pure electric passenger car products and 20 plug-in hybrid models.

However, judging from the high price of EQC, the first domestic pure electric SUV model launched by Mercedes-Benz in November 2019, and the not-so-sought-after actual performance, it is not easy for Mercedes-Benz’s new energy plan to achieve significant results.

In addition, considering the “salary cuts and layoffs, strict cost control” plan to be implemented by the Daimler Group, it is still unknown whether the quality of Mercedes-Benz products will continue to decline in the future.

In addition, judging from the constantly exposed scandals of share reduction, the constant outbreak of quality problems, and the arrogant attitude towards problem-solving, Mercedes-Benz never seems to have truly respected the Chinese market and domestic consumers.

Correspondingly, Mercedes-Benz’s “all kinds of bad practices” are making domestic consumers’ dissatisfaction over.

Although there are many unfavorable variables, Mercedes-Benz still appears quite confident.

Kang Linsong said in an interview with the media: “China is one of the most promising markets and one of the driving forces of Mercedes-Benz’s success. The recent performance of Mercedes-Benz in the Chinese market has reasons to keep a cautiously optimistic attitude.”

And Yang Ming, President and CEO of Beijing Mercedes-Benz Sales and Service Co., Ltd., also said: “In the second half of 2020, we will continue to uphold the customer first’, continue to promote product offensive, upgrade customer service, customer care, and Digital brand experience.”

However, if Mercedes-Benz does not implement the slogan of “upgrading user service experience” and make changes in product distribution, product quality, and problem-solving attitudes, the myth that Mercedes-Benz wants to lead the Chinese luxury brand market and continue to write sales and profit, will be empty talk.

The post Mercedes-Benz: Quality System Collapsed, nearly 800,000 Vehicles Recalled 14 times in Six Months appeared first on Rabbit Says.

On May 13, the person in charge of publicity of the Yongxing County Market Supervision Bureau responded to the reporter that the investigation team had contacted the involved company Hunan Weile Health Industry Co., Ltd., and no doctors were involved in the incident. The reporter learned from the company involved that the product “Bei An Min” had been discontinued last year.

It is worth noting that some hospitals have become important media during the sale of fake special doctor milk powder. Some manufacturers have disclosed to the reporter that such products mainly flow to mothers, babies, and medical channels. After paying a certain “entry fee”, they can enter the hospital’s in-store stores for sale. The doctors with the right to prescribe, such as the hospital’s gastroenterology department, pediatrics department, and children’s ICU, are all targeted by the sales staff for “public relations”.

The brand involved is emerging

According to the Red Network, the Yongxing County Party Committee Propaganda Department understands that the maternal and infant store in question is “Ai Ying Fang” in Yongxing County. When receiving the consultation of parents who are allergic to ordinary milk powder, the salesperson of the store recommended Hunan Weileke Health Industry Co., Ltd.’s “Bei An Min” imported deep-hydrolyzed whey protein (protein solid beverage) products from France for its babies to eat.

At present, 5 parents have complained to the market supervision department of Yongxing County. In addition, the Yongxing County Maternal and Infant Store, Aiyingfang has purchased 47 “Bei An Min” products from Hunan Weileke Health Industry Co., Ltd. and sold them all by October 2019. The relevant functional departments such as Yongxing County Market Supervision Bureau, County Health Bureau, and other relevant functional departments have organized special classes to investigate the maternal and infant stores involved.

On May 13, the reporter dialed the official customer service phone of Hunan Weileke Health Industry Co., Ltd. and learned that the company’s “Bei An Mei” product had been discontinued in mid-2019, and the company has been involved in the investigation. Regarding the types of products and the applicable population, the customer service stated that “Bei An Mei” is a common food, which can be eaten by the general population, and the product complies with the national standard (solid beverage standard).

As for why the product in question was sold in the maternal and infant store in question and sold to children with milk allergies, the customer service staff stated that the product is edible for the general population and can be sold. The company only manufactures products in accordance with national regulations, and it is not clear that the store sold the product to children.

The reporter inquired from the online picture information that the production license number of “Bei An Mei” was SC10612011100425, the client was Hunan Weileke Health Industry Co., Ltd., and the processing party was the manufacturing center of Tianjin Deheng Technology Co., Ltd. “Tianjin Deheng Technology Co., Ltd. Zhangjiawo Processing Factory”). After inquiries, the product category is protein solid beverage, not a special medical formula food.

Tianyanzha revealed that Hunan Weileke Health Industry Co., Ltd. was established in 2015, and the legal representative and the controlling shareholder are Xiao Shihu (September 26, 2019, the original legal representative Liu Lizhi withdrew). Xiao Shihu is also the controlling shareholder of Mei You Gao Dairy (Hunan) Co., Ltd. and Hunan Niu Geng Niu Biotechnology Co., Ltd. Upon inquiry, the scope of the product production license obtained by Weileke Co. is limited to “drinks” and does not have the qualifications for the production of special medical milk powder and infant formula milk powder.

At present, the products promoted by the official website of the company include “Tiankangli” lactoferrin bovine colostrum powder, “Bao Shu La” probiotic compound powder, and a variety of vitamins, probiotics, nutritional supplement products. Judging from the description of its official flagship store, these products are mostly solid beverages but mainly aimed at children.

Some hospitals are easy to become “public relation” objects of businesses

As to whether there were any hospitals or doctors involved in the “big head doll” fake special doctor milk powder incident, on May 13th, the head of publicity of the Yongxing County Market Supervision Bureau responded to the reporter that the investigation team has contacted the involved company Hunan Weileke Health Industry Co., Ltd. and has not found any hospitals or doctors involved in the incident.

However, on March 30, 2020, more than a dozen parents published the “Joint Letter” of “Chenzhou” Big Head Doll “Parents Requesting the Government to Handle the Chenzhou Fake Milk Powder Incident” on the “Ask Political Hunan” platform, saying that Chenzhou had another milk powder incident with a “big head doll” occurred, “all because of the doctors in Chenzhou Children’s Hospital selling milk powder to children”. The incident involved a solid beverage called “Shuertai”.

The reporter learned that some hospitals have become an important channel or medium for “three non-special medical milk powders” (no qualifications for infant formula registration, no special medical food registration qualification, and no special medical food production license).

In May 2018, the reporter visited some hospitals in Beijing and surrounding areas as parents of children with allergies and found that the in-hospital stores of the three hospitals sold certain products produced by Ningbo Teyi Food Co., Ltd. and Qingdao Jindayang Dairy Co., Ltd. Functional “formula powder”, and related products recommended by hospital doctors. After inquiries, these “formula powders” are actually solid beverages and do not have the registration qualification for special medical foods.

The reporter learned from the person in charge of Ningbo Teyi as a merchant at the time that such products mainly flowed to maternal and infant and medical channels. After paying a certain “entry fee”, they can enter the hospital’s in-store stores for sale. In addition, doctors can get a commission of about 60 yuan for each successful recommendation of a can of product. Doctors with prescribing rights, such as hospital gastroenterology, pediatrics, and children’s ICU, are all targeted by sales staff for “public relations.”

The sales manager of Jindayang Beijing said that such “special powder” is “more convenient” to sell in maternal and infant stores. Formally entering the hospital for sale requires the consent of the pediatric director first, and then goes through procedures such as a discussion at the nutrition department. Therefore, the merchant usually sells the product in the store in the hospital and then asks the doctor to recommend the patient to the store.

In response to the chaotic phenomenon of solid beverages in the above reports of the reporter, the State Administration of Market Supervision issued the “Notice on Investigating and Handling Violations of Ningbo Teyi Food Co., Ltd. and Qingdao Jindayang Dairy Co., Ltd.” in June 2019, emphasizing local levels. The market supervision department has to make an inference, targeting products that contain words such as “biology,” “medicine,” “technology,” “healthcare,” and “high-tech”. The products are misleading to consumers and formulas for special medical purposes, infant formulas, and healthy foods. For ordinary food production enterprises that are confused, strengthen supervision and management.

Nevertheless, there are still cases of fake special doctor milk powder entering the children’s mouth through the doctor’s recommendation and the shopping guide of the mother and baby store. A person in the maternal and infant industry in Jiangxi told the reporter that such “special powders” are very common in the localities. Their relatives and children were “diagnosed” by the hospital as milk allergies and recommended by doctors to nearby stores to purchase a “solid drink.” Because it was recommended by a doctor, their relatives believed in product qualification. “The doctor can get the rebate, and the maternal and infant store can use this to drain, and there’s no problem to earn a hundred or so for a can of product.”

The post The “Big Head Doll” Incident Unveiled Insider Story of Fake Milk Powder Sales appeared first on Rabbit Says.

After the May Day holiday, Foxconn worker Lin Cong ran to the mask production line of a small factory. On April 30, he also did a complete signal test on the Apple iPhone 11 production line. Earlier on March 2nd, he took office after simple training under Foxconn’s highest entry bonus policy. When leaving Foxconn, less than two months.

Foxconn cannot live without workers. The novel coronavirus epidemic made it difficult for workers to return to work and start work. To this end, Foxconn offered the most expensive entry bonus in history and mobilized internal supervisors to join the “Recruit Workers” war. “We recruit 2,000 people every day and 30,000 people in a few weeks.” A supervisor of Shenzhen Longhua Park once described to the reporter.

In the past few days, the rumors of Foxconn’s Shenzhen factory requiring employees to take a vacation for four months (May-September) are widespread. The reporter asked Foxconn to verify that the response was: “At present, the Group’s factories are operating normally, and there is no such thing as large-scale layoffs and vacations.”

Apple’s Forbidden City

This may not be the case. A person in charge of Foxconn’s Apple business line revealed to the Caijing reporter that about 4,000 employees on the iPhone assembly section are on leave with a base salary. The aforementioned supervisor even boldly estimated that “the leave policy involves about 20,000 formal workers.”

Many people close to Foxconn revealed to the reporter that the vacation workers mainly involved Foxconn’s two iPhone business groups: Yuzhan, under Hongfujin IDPBG business group and IMEBG business group. Lin Cong is one of the people who left the Guanlan IDPBG assembly line on April 25 within the new employee policy.

Affected by the epidemic, Foxconn parent company Hon Hai Technology Group (hereinafter referred to as “Hon Hai Group”) performed poorly. Revenue in February was NT $ 217.5 billion, down 18.1% year-on-year; revenue in March was NT $ 347.7 billion, down 7.7% year-on-year. Throughout January-March, revenue was NT $ 929.7 billion, a year-on-year decrease of 12.0%.

This situation is mainly due to factors such as the decrease in Apple iPhone orders. On the last day of April (US time), Apple released its second-quarter financial report with a net profit of 11.249 billion US dollars, a year-on-year decrease of 3%. According to the latest research from Strategy Analytics, a third-party analysis agency, iPhone shipments fell 9% year-on-year in the first quarter. The small number of fluctuations are related to the removal and retention of some industry chain workers.

At present, there are more than 200,000 employees in several major parks in Shenzhen, and tens of thousands of IDPBG business units and Yuzhan are related to the iPhone. If Apple ’s iPhone consumer continues to slump, more workers may face vacation or income problems.

“Those are not my concerns, I only care about how to support myself.” Lin Cong said.

From 10710 yuan to 2400 yuan

There are more than 300 workers left on the production line under Li Ming’s jurisdiction. He is a section leader of Guanlan Park in Shenzhen. The Guanlan IDPBG Division is mainly involved in the assembly of iPhone mobile phones to the shipment of finished products and the production of mobile phone motherboards.

When Foxconn was in urgent need of workers two months ago, he was still recruiting workers into the factory as a personal intermediary, and a quota of 3,600 yuan was awarded. At that time, in order to encourage employees to return to work as soon as possible, recruit as many new employees as possible, launched the most expensive entry bonus in history. However, in order to prevent excessive employee mobility, the monthly bonus and the next month’s salary are paid together, and the employee must be on duty when the bonus is issued.

Up to now, Li Ming still remembers quite clearly: before March 31st, he would be paid 4,250 yuan for 60 days of employment, and 2,500 yuan for 90 days, for a total of 6,750 yuan. For newly recruited employees, another 360 yuan bonus will be distributed in three months. In other words, for a new employee, the bonus cost is 10710 yuan.

After more than a month, Foxconn’s workforce became more than saturated. Li Ming told the reporter that “orders are reduced, and components can’t come in.” He said that in mid-March, the vacation began to spread in the factory area as soon as the vacation was said. In February, Foxconn was forced by the existing order delivery pressure to require workers to start the production line as soon as possible. However, in March, the situation turned sharply. The weakness of the consumer side under the impact of the global epidemic has already swept back to Foxconn’s production line.

An internal announcement showed by Zhang Yang, who manages the automated production line at the Longhua Park in Shenzhen, showed that leaving the company must follow the voluntary principle of employees and prohibit any forced employee behavior. The policy of the first phase is that from April 17 to April 21, employees who handle resignation will be accounted for on a daily basis and will receive bonuses with the resignation salary.

Encouraging workers to take vacations has gone through two stages. The first stage is that the above-mentioned entry bonus is paid according to the number of working days, and the second stage is that even if the follow-up does not go to work, the entry bonus is also distributed as usual, Zhang Yang explained that the purpose of such a policy is to let employees go. Foxconn made the leave policy voluntary, and the supervisor announced it and encouraged employees to take leave.

In this way, the worker basically has two choices: First, continue to work for 5 days and 8 hours without overtime to get the basic salary, and get the bonus as usual; Second, to stay without pay to get the bonus and find other things to do. If they are not willing to accept it, workers can leave their jobs directly.

Lin Cong belongs to that group of people who can’t bear it. Throughout April, Lin Cong received a base salary of only 2400 yuan, no overtime for 5 hours and 8 hours, deducting the social security provident fund, and finally got more than 1800 yuan. “Basic moonlight in Shenzhen”.

Manager’s Dismissal Task

But some workers are still reluctant to leave. “I couldn’t find a job outside at all.” Sun Qian didn’t plan to leave when she saw that her colleagues who went out earlier didn’t find a job. “Going out not only can’t find work, but also needs more money for clothing, food, housing, and transportation.” When there are more people who do not want to leave, they are converted into managers’ task of persuasion.

Li Ming received the dismissal indicator. “No specific figures, 3% -5%, but there is no cap.” Every week, Li Ming has a headache. If the persuasion quota is counted down among the various class leaders, he will be talked. He saw that some class heads did ideological work for workers, mobilized meetings, and encouraged workers to start their own businesses.

“Now that the welfare policy is good, you can stay without pay. If you go out and start a business, you don’t have to come back if you develop well; there is still a way to go if you don’t develop well.” Li Ming told the reporter from Caijing about the workers. Li Ming can’t do the job to dismiss employees, and every time he was perfunctory and talked.

He recruited many employees early on. At that time, he could get some rewards for recruiting workers, and he could get half the amount of awards (1800 yuan) for the employees who were recruited through the factory. The latter constantly recommended new employees, one takes ten, ten takes twenty. Now, he had to watch some of them leave again. “I also came from the countryside, and I understand them. I understand the pain when I have no work, no meals.”

Since starting part-time personal recruitment agency work in 2016, Li Ming has upgraded from “recommending a worker 200 yuan” and “recommending a worker to get a mobile phone” to account for more than 800,000 yuan last year. For this epidemic, he has already earned more than 500,000 yuan. For a middle-level manager in a production line, this number is very alarming.

After the vacation policy came down, the most, 60% -70% left among 500 people. This includes those who voluntarily quit, voluntarily leave without pay and those who are dismissed.

Previously, Foxconn also recruited dispatched workers through dispatch companies and individual recruitment agencies. Li Ming said that because there is no formal labor contract, “these dispatched workers were directly dismissed.” Li Yang also said that dispatched workers have ended the construction period early.

However, another person from the Foxconn Group told the reporter that dispatch workers and companies have signed contracts, and dispatch companies and Foxconn also have contractual agreements, or even tripartite agreements.

Fight or return home?

After the May Day holiday, Lin Cong ’s WeChat positioning has been transferred from Guanlan Foxconn to a small factory in Shenzhen Chuangxuan Industrial Park, which has converted to masks for temporary work. He said that intermediary companies are relatively bad, and there are always some deductions. He doesn’t want to deal with intermediaries anymore, the mask factory job was found by himself.

Going to the mask factory seems to be a mainstream choice. The epidemic situation in foreign countries continues to spread, which expands the market for domestic mask manufacturers. Large and small mask factories are seeking overseas orders. The increase in production will follow. At this time, despite the intermediary fee, large and small labor dispatch companies did play a role in grafting. BYD, also in Shenzhen, also began producing masks.

The BYD Hunan factory started to recruit people in large quantities. In 2019, BYD acquired Flextronics. Now, the factory here is producing masks. “As long as you want to find a job, the labor dispatch company directly sends you from Shenzhen to Changsha for free.” Li Ming has met some employees and really went to Changsha, but some went home.

A worker complained to him, “What can I do when I go back? Go back and lie down every day, I can get more than 1,000 yuan at Foxconn.” Li Ming persuaded him, “Send a takeaway, earn thousands.” But the other party doesn’t think so, “less is better than nothing.” At present, this job has become a tasteless chicken rib.

The epidemic has changed many things. Li Ming ’s hometown was in a prefecture-level city in Sichuan. When Foxconn landed in Chengdu, he considered returning to work in the province. However, only in places like Shenzhen can he earn high recommended bonuses and earn hundreds of thousands a year. “Shenzhen is more profitable than Chengdu.” The sudden outbreak urged him to rethink his future.

The haze of the epidemic

In February, which was most affected by the epidemic, Hon Hai Group’s revenue was NT $ 217.46 billion, a decrease of 40.35% month-on-month, and 18.13% year-on-year, the largest monthly decline since March 2013. In March, Hon Hai Group’s revenue was NT $ 347.7 billion (approximately US $ 11.51 billion), a year-on-year decline of 7.7%. The revenue growth rate turned positive in April.

Hon Hai Group Chairman Liu Yangwei said at the performance briefing in April that the first quarter was affected by the epidemic. Intelligent, corporate and computing products fell by 15% year-on-year, but in the case of delayed orders, the performance of the second quarter will rebound significantly In the first half of the year, it can still be flat last year.

Li Ming doesn’t think so. A former colleague who had already switched to BYD asked him if he wanted to go to BYD. “I’m going to go,” he told the reporter. From the current situation, he thinks BYD is more developed and more promising. The salary will not be much higher, “If BYD develops well, the recommendation reward will be high, I will definitely go.”

Similar to Li Ming, Zhang Yang is a personal recruitment agency working for Foxconn. Over the past two months, he has earned 300,000 by recommending workers to enter the factory. He recommends employees to enter the factory, and the absence of vacation does not affect the access to referral bonuses. He estimates that there will be 700,000 gains this year, and he is already looking forward to the iPhone’s fall conference.

For ordinary workers who cannot get the recommended bonus, both the mask factory and going home are not good ways. A CEO of a new materials company in Shenzhen, which converted masks, told the reporter that mask factories are not as many locations as Foxconn employees think. Many small and medium-sized mask companies are either difficult to find the core raw material of the mask and melt-blown cloth, or they are excluded from export whitelist by the government, they can’t have foreign exchange and survive difficultly. Going forward, “Neither will find regular workers nor will they hire temporary workers.”

The haze of the epidemic has not disappeared. In addition to Foxconn and BYD, which are temporarily converted to production, many small and medium-sized mask companies are still struggling to survive. Foxconn workers are like migratory birds. With the rhythm of Apple’s iPhone new product release, it has increased and decreased in an orderly manner. “In September, many people will come back.” Zhang Yang said.

For most workers, going home is inevitable. However, some people have returned home now, and some will continue to roam in Shenzhen. “Making money for a few more years, I also went home,” Li Ming said, “too tired.” Li Ming felt a bit sad when he saw the recommended staff calling him a liar in WeChat.

The post Foxconn Cuts Down Workforce, Some Take 4 Months of Unpaid Vacation appeared first on Rabbit Says.

On March 23, some media issued a press from the Guizhou Liquor Exchange that in order to express its deep respect for the “war-fighting” heroes, the Guizhou Liquor Exchange will directly supply Feitian Moutai to the 1,443 medical staff of the Guizhou Medical Team that supporting Hubei at the price of 1499 yuan per bottle.

The reporter noticed that Guizhou Liquor Exchange also announced specific purchase methods. All medical staff in Guizhou Province need only pay attention to the company’s official WeChat and provide relevant information. After verification, they can buy 6 bottles of 53 ° 500ml Feitian Moutai at the company’s online platform at the price of 1499 yuan/bottle. According to data from the e-commerce platform on March 24, the retail price of 53-degree 500ml Feitian Moutai was about 2800 yuan, up nearly 85% from the original price of 1499 yuan per bottle.

Sky eye inspection data showed that Guizhou Liquor Exchange had no direct relationship with Guizhou Moutai Group. The shareholding structure of Guizhou Liquor Exchange shows that the company was established by a total of 5 companies including Jinhui Wealth Capital Management Co., Ltd., Guizhou Hengfeng Weiye Real Estate Development Co., Ltd., and Guizhou Huibang Industrial Co., Ltd., which was the established wine element trading market that approved by the Guizhou Provincial People’s Government that providing a variety of services such as liquor product issuance, trading, and so on.

On March 24, the reporter contacted the Guizhou Liquor Exchange to inquire about the specific operating rules of the medical team that assisting Hubei to purchase Feitian Moutai. Customer service personnel said that the relevant operations were only carried out through the company’s e-commerce platform.

The reporter then downloaded the Guizhou Liquor Exchange e-commerce platform and consulted the purchase rules through customer service. Customer service staff said that they need to submit their name and mobile phone number, a job certificate, and a work certificate to assist Hubei to purchase the original price of Feitian Moutai provided by the company. Liquor Exchange will issue a Moutai liquor purchase coupon after verification, and they use the coupon to purchase liquor at the original price.

The customer service staff also said that if the purchaser is not able to pick up the liquor, they can also use the express delivery method.

How many medical staff have purchased Feitian Moutai since the activity started? The customer service staff said that there were no specific statistics.

The reporter noticed that the “Original Price to Buy Moutai” activity has triggered widespread discussions on social media since its launch on March 23. A public account quoted relevant news and commented, “Doesn’t your conscience hurt when taking this opportunity to hype?

There is also a public account for liquor from the media. Last year, Guizhou Moutai Company sold Feitian Moutai to the public at 1499 yuan per bottle. “If Guizhou Liquor Exchange is truly grateful, please give the wine directly to the heroes, don’t embarrass the heroes who don’t have enough income, don’t hurt their self-esteem intentionally or unintentionally.”

On March 24, the reporter contacted the Guizhou Liquor Exchange Office to try to interview the relevant person in charge of the company. However, the office staff said that they would record related issues and pass them to the marketing department.

Relevant persons in charge of the Guizhou Liquor Exchange have previously told the media, “Heroes of the epidemic war build a solid line of defense side by side, they are the loveliest people in this era and deserve the highest respect from everyone. May their efforts be remembered by the world after the epidemic. “

Domestic wine industry expert Cai Xuefei told reporters that the novel coronavirus pneumonia epidemic was a major public health event in China in recent years, and Feitian Moutai had been in a state of scarcity and high prices. “Providing such parity benefits is a public meeting with corporate social responsibility and a good brand image. The only thing that needs to be considered is that there may be some misalignment between the consumers of Moutai and the general medical staff.

The post Shameless Respect! A Company Sold Moutai at Original Price to Medical Team Supporting Hubei appeared first on Rabbit Says.

The chairman and deputy chairman of Qiulin Group have been out of touch for more than a year. It seems that the whereabouts of the two have gone is a mystery.

The company’s 2019 annual report recently disclosed that its net assets have been negative for two consecutive years and the audited institution issued a “non-standard” audit opinion. The century-old Qiulin Group has reached a threshold of life and death. Within 15 trading days, the exchange will decide whether to suspend the listing.

Where did the chairman and vice chairman go?

The history of Qiulin Group (600891.SH) can be traced back to 1900. The Russian Ivan Jakolovich Qiulin opened the Harbin branch of Qiulin Ocean Bank to produce bread and colored wine, which concentrated on the Russian characteristics of traditional foods such as Barbados, Grande Bagvas, blackcurrant wine, jam.

Today, more than 100 years have passed, and there are still more than 200 varieties of nine categories of products in the food sector of Qiulin Group. Qiulin Daliba, black bean honey fruit wine, etc., still maintain traditional craftsmanship.

In February 2019, the company’s chairman Ya Li and vice-chairman Jianxin Li lost contact, dragging this century-old company to the brink of life and death.

Up to now, the two have lost contact for more than a year, and the company has never been able to know their whereabouts. In order to ensure the normal operation of the company, President Jianhua Pan has assumed the duties of chairman and legal representative of the company.

Strangely, the main person in charge had been silent for up to a year, and Qiulin Group did not disclose whether to report the case to the public security organs or to seek the two through other channels.

In 2011, Qiulin Group, which had been listed for 15 years, changed its controlling shareholder. Benma Investment became the largest shareholder, and Guijie Ping became the actual controller of the company.

In 2014, the company implemented a major asset reorganization. At the consideration of 1.35 billion yuan, Guijie Ping’s main business of gold jewelry processing in Shenzhen was included in the listed company. The company’s business expanded from department stores and food processing sales to the gold jewelry industry.

It was in this year that Ya Li became chairman of Qiulin Group, and two years later, Jianxin Li became vice-chairman of the company.

Guijie Ping indirectly controlled Qiulin Group through Tianjin Jiayi Industry, Heilongjiang Benma Investment, and Yihe Gold Products.

Where does billions of gold jewelry flow?

After the reorganization of “Shenzhen Jinjulai”, the gold jewelry segment has become the most important business of Qiulin Group. This business segment has been under the direct responsibility of Chairman Ya Li and Vice-Chairman Jianxin Li.

After the two lost contact, the company discovered that there were a large number of abnormal operating contracts in the gold business sector. Most of these contracts appeared in the second half of 2018, the single transaction amount was large, and the counterparties were mostly new partners, the contract period is up to six months to one year. By the end of 2018, the company’s accounts receivable totaled 3.932 billion yuan.

The company set up a special team to collect the accounts receivable. Only a few replies were received, and the content was “although the contract was signed, the two parties did not implement it, the goods were not received.

After checking the inventory, the company found that there were major problems such as a large amount of inventory being lost.

In the same year, due to fraud by the company’s related personnel, the company’s account receivables made provision for bad debts of up to 3.806 billion yuan, which directly caused a huge loss of 4.13 billion yuan for the year.

After the chairman and deputy chairman lost contact, a large number of staff members of the company’s gold sector left, and the business sector has basically stalled.

In 2019, the company’s operating income decreased from 4.73 billion yuan in the previous year to 336 million yuan, and net profit attributable to its mother continued to lose 531 million yuan.

So far, where does the company’s large inventory of gold jewelry flow? What role did Ya Li and Jianxin Li play in it? It has not been conclusive.

Who is the actual controller?

There is a more weird question: who is the actual controller of the Qiulin Group?

After joining the Qiulin Group in 2011, Guijie Ping has successively served as director, president, and vice-chairman, and the chairman has been giving away. In June 2018, he applied to resign from all positions in the company and directly became a “hands-out shopkeeper.”

The listed company that he actually controlled became what it is today. Guijie Ping did not appear anxious, and his shares of the company were frozen by multiple judicial proceedings.

What is even more bizarre is that Guijie Ping seems to know nothing about the operating conditions of the company under his name.

In reply to the exchange’s supervisory letter, Guijie Ping said that Ya Li and Jianxin Li were responsible for the licenses, seals, and specific operations and management of the three companies: Tianjin Jiayi Industry, Heilongjiang Benma Investment, and Yihe Gold Products. He is not involved in actual operations and is unknown to the company involved in the complaint, the use of equity pledged funds and the situation of equity freeze. However, it did not directly respond to whether there were any holding or other agreement arrangements with Ya Li and Jianxin Li.

The post Chairman of the Century-old Qiulin Group Has Lost Contact for 1 Year, Leaving 3 Doubts appeared first on Rabbit Says.

Weidong Gao, a member of the Provincial Party Committee of Guizhou Province and director of the Guizhou Provincial Department of Communications, will become the new head of 100 billion Maotai and will serve as chairman of Maotai Group.

The wine industry learned that Gao Weidong, male, Han nationality, was born in November 1972, native of Dengzhou, Henan, and joined the work in July 1993. According to Weidong Gao’s resume, Weidong Gao is only 48 years old this year.

The wine industry noted that Weidong Gao had served as the deputy director of the Guiyang Jinyang New District Management Committee, the deputy mayor of Guiyang, Guizhou Province, and the deputy director of the Gui’an New District Management Committee of Guizhou. Some people believe that the Gui’an New District, as a national new district, the status of Guizhou’s opening up pattern is extremely important. Weidong Gao should belong to the key cadres trained in Guizhou Province.

In August 2015, Baofang Li was transferred to Moutai as the secretary and general manager of the Moutai Group Party Committee. In May 2018, he became the secretary and chairman of the Moutai Group Party Committee and the party secretary and director of Moutai.

From the reassignment of Maotai in August 2015 to the resignation of the chairman of Maotai in March 2020, Baofang Li spent 4 years and 7 months in Maotai. At the same time, Maotai began to step out of the in-depth adjustment period and sprint to achieve 100 billion times.

During Baofang Li’s tenure, Maotai completed the “Thirteenth Five-Year Plan” one year in advance, and officially picked 100 billion peaches in 2019. At the same time, Baofang Li has made outstanding contributions to the development of Moutai marketing, Moutai culture, Moutai series wines and subsidiaries.

According to data from the Moutai Group’s official website, in 2015, the first year Baofang Li was transferred to Moutai, Moutai Group’s revenue was 36.252 billion. By 2019, Moutai Group’s revenue was 100.3 billion, and its performance has nearly tripled. Moutai has also become a Chinese wine industry’s first 100 billion-class giant ship.

During his tenure in Moutai, Baofang Li proposed the construction of culture and continued to promote the continuous development of cultural Moutai, which has further consolidated the soft power of Moutai development.

From 2018, Moutai began to improve and rationalize its marketing channels. By the end of 2019, Moutai’s marketing channels have been basically straightened out.

In terms of the Moutai sauce series, Baofang Li proposed to create a “two-wheel-drive” and gave policy support to its development. Starting from 2015 to 2019, the Moutai sauce series officially achieved 10 billion revenue and has created a major feat of the Chinese wine industry.

In terms of subsidiaries, since 2017, Baofang Li has started to promote the healthy development of various subsidiaries. At present, Xijiu Company has become a quasi-ten billion-level enterprise, technology development company, health wine company, ecological agriculture company, Moutai wine Companies and other companies have entered the track of normal development and become an important puzzle of 100 billion Moutai.

Resume of Weidong Gao:

1990.09-1993.07, majored in Civil Engineering, Department of Civil Engineering, Guizhou Institute of Technology.

1993.07-1997.08, a cadre of Environmental Protection Bureau of Guiyang Economic and Technological Development Zone, Guizhou Province.

1997.08-1998.04, Assistant to the Director of Environmental Protection Bureau of Guiyang Economic and Technological Development Zone, Guizhou Province.

1998.04-1999.02, Deputy Director of the Planning and Construction Environmental Protection Bureau of Guiyang Economic and Technological Development Zone, Guizhou Province.

1999.02-2000.10, Director of Environmental Protection Bureau of Guiyang Economic and Technological Development Zone, Guizhou Province.

2000.10-2003.10, deputy head of Xiaohe District, Guiyang City, Guizhou Province (during 1999.09-2002.05, studying law at the Party School of Guizhou Provincial Party Committee).

2003.10-2006.09, the Deputy Chief of Xiaohe District, Guiyang City, Guizhou Province, and the Deputy Director of the Management Committee of Guiyang Economic and Technological Development Zone (during 2004.04-2006.03, a project co-organized at Guizhou University of Technology and the University of Quebec, Sicutim, Canada) Master of Management course classes).

2006.09-2009.03, Guiyang Jinyang New District Development and Construction Co., Ltd. Party Committee Secretary and Chairman, Guiyang Jinyang New District Management Committee Deputy Director (concurrently).

2009.03-2009.06, Chairman of Guiyang Jinyang Construction Investment (Group) Co., Ltd., Guizhou Province (2008.06-2009.06, studying in the third session of the Guizhou class in the Advanced Business Management Seminar for Presidents of Tsinghua University).

2009.06-2010.01, Secretary of the Party Committee and Chairman of Guiyang Jinyang Construction Investment (Group) Co., Ltd., Guiyang City, Guizhou Province.

2010.01——2011.12, Director of Guiyang Municipal Transportation Bureau.

2011.12-2012.02, member of the party group of the People’s Government of Guiyang (reserving the county level).

2012.02-2012.10, Deputy Mayor of Guiyang City, Guizhou Province.

2012.10-2014.10, Deputy Mayor of Guiyang City, Guizhou Province, and Deputy Director (Concurrently) of Guizhou Gui’an New District Management Committee (During: 2013.06-2013.07, studying at the National Mayor Training Institute to improve the capacity of urban planning and traffic governance ).

2014.10-2016.08, Deputy Mayor of Guiyang City, Guizhou Province, Deputy Director (Concurrently) of Guizhou Gui’an New District Management Committee, Deputy Secretary of Guizhou Shuanglong Linkong Economic Zone Party Working Committee (in charge of executive work), Director of Management Committee (legal representative ).

2016.08-2017.03, Deputy Mayor of Guiyang City, Guizhou Province, Deputy Secretary of Guizhou Shuanglong Linkong Economic Zone Party Working Committee (in charge of standing work), Director of the Management Committee (legal representative).

2017.03-2018.01, Secretary of the Party Committee and Deputy Director of the Department of Transportation of Guizhou Province.

2018.01-2018.11, Secretary of the Party Committee and Director of the Department of Transportation of Guizhou Province.

2018.11—, Secretary of the Party Committee and Director of the Guizhou Provincial Department of Transportation (Guizhou Provincial Transportation Readiness Office)

From November 12th to 13th, 2019, the sixth plenary session of the 12th Guizhou Provincial Committee of the Communist Party of China was held in Guiyang. It was decided that Weidong Gao, an alternate member of the 12th Provincial Party Committee, and 3 other comrades will be replaced as members.

The post Moutai: Major Personnel Changes, Director of Guizhou Communications Department Takes over as Chairman appeared first on Rabbit Says.

First, on February 13, Evergrande introduced an 88-day lock-in purchase policy. Buyers fancy a certain source of suites in Evergrande. They only need to pay a 5000 yuan deposit online on the “Hengfangtong” platform and sign the “Commercial Housing Online Subscription” to book a listing.

Customers who sign an online subscription book and lock a set of properties for 5,000 yuan enjoy too many benefits:

1. 5000 yuan means 20,000 yuan for the total housing payment;
2. If you recommend someone to buy a house successfully, you can get a 1% commission bonus plus 10,000 yuan bonus, and 5,000 yuan refund at the same time;
3. If the locked house is seen by others and paid the down payment in advance, the subscription fee of 5000 will be refunded and the compensation will be 5,000 yuan;
4. If the house locked before May 10th is not sold successfully, the 5000 yuan subscription fee will be returned unconditionally;
5. Each recommended new subscription customer will be rewarded with 100 yuan, up to 500 yuan.

This series of reward clauses have caused many people to be dazzled by happiness and shouted that the opportunity for taking advantage is coming!

Is Boss Xu’s wool so easy to get?

First of all, a deposit of 5,000 to 20,000 is a common routine for developers, and it is not unusual.

Secondly, Helping Evergrande to sell a house for 1 point plus 10,000, it sounds a lot. In fact, if a developer uses a secondary distribution agency to sell a house, a set of commissions starts from at least 3 points. Such a comparison, national marketing is really too cost-effective.

Thirdly, the locked house was bought by others first, and the compensation was 5,000. Many people want this benefit.

But in fact, once the listing at the sales office is locked, it will not be released again unless it is difficult to find a house for sale. If you want to earn 5,000 yuan, it will be quite difficult.

Finally, before May 10th, if this house was not bought by others and you did not buy it, 5000 yuan will be returned to you.

It sounds like money can be withdrawn, not bad! However, if the money is not refunded, will you make a decision? Most people are rushing to fleece the wool, not to buy a house. Moreover, this 5000 yuan was turned over by Evergrande for 88 days with no interest.

On February 16th, Xuefei Liu, vice president of Evergrande Group, announced at a press conference that since the “online purchase of houses” on February 13, various sales data have shown explosive growth, and customers subscribed for 47540 houses.

I figured it out, there were 47,540 units with a subscription of 5,000 yuan each, and the total subscription money reached 237.7 million yuan, with interest-free use for three months.

What is the current cost of issuing debt to Evergrande?

From January 16th to 21st, Evergrande entered into purchase agreements with Credit Suisse, Bank of America Securities, BNP Paribas, CCB International, and UBS, etc. Evergrande will issue four senior notes totaling $ 6 billion, expire in 2022, 2023 and 2024 respectively, with interest rates ranging from 11.5% to 12%.

In other words, Evergrande’s recent borrowing cost is 12%.

The subscription fee of RMB 237.7 million is an annual interest rate of 28.25 million yuan at an interest rate of 12 points. The 88-day interest cost is 6.87 million yuan.

Of course, the 6.87 million is just a little for Evergrande, but since it’s free, why not use it?

Besides, Evergrande’s massive operation, the subscription is only an appetizer, the really good show is behind.

On the afternoon of Feb. 16th, the huge preferential red-headed documents issued by Jiayin Xu were circulating on the Internet.

From February 18 to February 29, 2020, Evergrande’s residential properties (including apartments and office buildings) for sale can enjoy a 25% discount.

On the basis of the 25% discount, Evergrande has also superimposed a series of dazzling discounts, 7% off, one-time payment, a single building with a removal rate of 80% or more, and an additional 3% discount, etc. It is said that the minimum can reach 64%.

If this type of jump-off discount is selling health products and god oil, I believe, if it is selling a house, it would be incredible.

According to Evergrande’s financial report for the first half of 2019, revenue in the first half of the year was 226.98 billion yuan, net profit was 27.06 billion yuan, and profit margin was 11.9%.

Evergrande worked hard for a year, earning 12% of its profits, and boss Xu made a big splash, giving 25% of the profit and 13% of the net loss.

Moreover, 13% is a starting loss and a minimum of 64% off with a 24% loss.

The account here is a bit wrong. The boss Xu is selling a house, not for charity.

Moving forward, we finally found out that Evergrande was the most passionate developer that enjoying discounts in China.

Starting from 2016, the discount rate is from 90% to 88%, to 87%, to 82%, and then to 78%. The discounts are endless, there is no maximum, only greater.

Evergrande’s discount routine is very similar. Release a bright discount first, then stack some other discounts, at last, check out without reason.

After a careful comparison, you will find that this discount activity is nothing new. It is a replica of Evergrande’s discount routine for many years. But this time, Evergrande’s old bottled new wine has achieved great success, thanks to four points:

First, the discount fell to a new low and became 25% off;

Second, start running in advance during the epidemic, earning enough attention;

Third, add a plot, and a warm-up activity of 5,000 yuan locked in advance, making the process a twist and turn, more beautiful;

Fourth, spend a lot of money to make a large wave of promotion.

The most critical question is the average profit rate of 15 points in the real estate industry.

Why does Evergrande dare to hit 30% or 20%off?

The reason lies in Evergrande’s project layout.

Evergrande has more than 1,200 projects in China, most of which are located in third and fourth-tier cities. Evergrande is similar to Country Garden. They are keen to racehorses on the third and fourth-tier cities and adopt a strategy of surrounding the city by the countryside.

This aspect reflects Evergrande’s development strategy, focusing on the third and fourth lines, but not the first and second lines.

The cost of land acquisition in the first and second lines is high and the profit is low. There is basically no need to worry about losing money, which is conducive to improving brand reputation.

Taking land on the third and fourth lines, especially in the suburbs of the third and fourth lines, is a low cost, high profit, and high risk.

The third and fourth lines have high requirements for the project’s operational capacity and operating cycle. If the time node is met and the project is publicized, a project can make a huge profit; if the site is not selected properly or the timing is wrong, the mire will sink. The project has been sold for five or eight years but still has a lot of inventory.

In addition, there is considerable room for flexibility in the filing prices of the third and fourth-tier projects. In particular, the third and fourth-tier suburbs lack real estate for benchmarking projects, and the price is very arbitrary. You only need to report a relatively high filing price in the early stage. After the government approves it, you can make advances and retreats, discounts and concessions.

Evergrande has a lot of real estate on the third and fourth lines. The normal discount for visiting is very scary. The house with a registered price of 10,000 can be sold to you after being discounted by more than 8,000 or even less.

When Evergrande conducts activities nationwide, all sales offices will recover the usual activity discounts and follow the discounts set by the headquarters. They are all selling houses at a discount, and there are unified promotion and endorsement by the headquarters.

Seeing here, if there is still unwillingness, you must get Evergrande’s wool, saying that I do not buy a house in third and fourth cities, I buy a house in front and second cities. The front-line houses are clearly marked with real prices. The record price is under pressure from the government and can’t be overstated, the sales office can’t usually discount that.

Then you are really naive. Evergrande doesn’t pay attention to the first-tier cities, that’s not just fun. There is only one Evergrande in Beijing that has an end-sale for a total price of 30 million. Shenzhen has no Evergrande houses for sale, only a few apartments; Shanghai has no Evergrande properties for sale.

If you are still not willing to say that there are many second-tier cities, sorry, in the “No Reason to Check Out Agreement” published by Hengfangtong, there is a line of small characters hidden at the bottom, you can see with a magnifying glass: Some properties are not participating in the offer.

So, if you want to get boss Xu’s wool and buy a good house with a 25% discount in the first and second-tier cities, isn’t your brain broken?

Finally, I have to say something fair to Evergrande.

Although Evergrande’s discount activities have lasted for many years, various discounts are not new. However, the 25% discount this time is indeed the lowest discount in history. If the record price remains unchanged, it is indeed a great discount to give 3 points more than the previous lowest discount of 78%.

There are so many real estate projects in Evergrande across the country, especially those in the 3rd and 4th lines, and there are still houses worth buying.

For example, there is just one apartment in Shenzhen, Evergrande Fashion Valley, also participated in this event. This real estate is located in Longhua. The unit price is not high at only 30,000, and after the one-time 25% discount is only 22,200. The profit margin is very large. As far as I know, many of Evergrande’s internal employees have subscribed.

In 2019, Evergrande’s annual sales are 601.06 billion, and its mission in 2020 is 650 billion.

In January 2020, Evergrande achieved sales of 40.55 billion yuan, compared with the annual task of 650 billion, only 1/16 is completed. In February, the coronavirus epidemic broke out, and Evergrande’s stock fell all the way.

For Evergrande, running high-profile in advance is not only to strive to complete the annual sales task but also because companies like Evergrande rely heavily on high turnover and cash flow.

At present, Evergrande’s activities have been quite successful. During the quiet special period of the housing enterprises, Evergrande fired its first shot!

Although the profits have been diluted, it has earned enough attention, raised the stock price, cleared a number of third and fourth-tier houses, and won time and cash flow.

The post 25%! The Most Discounted Chinese Real Estate Company appeared first on Rabbit Says.

On the evening of February 6, Chao Li, the founder of the well-known IT training institution “Brothers Link Education”, published a “letter to all students, employees, and shareholders of Brother Links” in his WeChat public account. Brothers’ Beijing campus stopped enrolling and all employees were demobilized.

In his letter, Chao Li said that the most affected by the epidemic was offline training institutions. Delays in colleges, suspension of offline training, and other measures have increased the pressure on Brothers. The company has a small capital reserve and has been in a state of loss. The brother company had reduced costs, delayed wages, and mobilized all the staff a year ago.

According to the information of the enterprises, Brothers is affiliated to Yi Di You (Beijing) Education Consulting Ltd. and has been established for 13 years. Focusing on IT technology training, it is an early and large domestic PHP / LAMP technology professional training school. In 2015, Brother Company received a 125 million strategic investment from Huatu.

The post China’s Economic Downturn, Companies Going Bankrupt under Coronavirus appeared first on Rabbit Says.

It is reported that this is also the first time that office applications have reached the top in the Apple mobile phone market.

Ding-Ding has continuously expanded 20,000 servers through Alibaba Cloud.

Ding-Ding was released in January 2015, it has rapidly grown to become China’s largest mobile office application, and currently has more than 200 million users.

The post For the First Time, Download of Ding Ding Exceeded WeChat appeared first on Rabbit Says.