On the surface, the business risk of Shaanxi Okay Cable Co., Ltd. (hereinafter referred to as Okay Company) involved in the cable door incident of xi 'an subway is due to "cutting corners and providing unqualified products", which leads to major safety accidents and is severely punished by law. The underlying reason is actually that the actual controller is forced by the huge invisible debt pressure to take risks to produce fake and inferior products in an attempt to make huge profits.
1. See him rise from a tall building, see him entertain guests, and see his building collapse.
Okay Company was established on June 20 12, 1 1. In less than four years, its trademark won the title of "Famous Trademark in Shaanxi Province", and its products entered Chengdu Metro, Hefu Metro, xi 'an Metro, as well as Baolan Railway and Chongqing-Guizhou Railway. However, on March 3, 2007, a netizen who claimed to be an employee of Shaanxi Okay Cable Co., Ltd. posted an article entitled "Do you dare to take the subway again? "The post said that there were hidden dangers of safety accidents in Xi Metro Line 3. All the cables produced by this factory cut corners, and all the production indexes can't meet the subway construction standards. This will not only consume a lot of electricity, but also cause a fire. "When the cable burns, it will produce a lot of harmful and toxic gases, which will kill thousands of passengers trapped in the subway." .
With the minefield, Okay's corporate image collapsed. Subsequently, the relevant government departments quickly launched an investigation and severely criticized the Xi subway "problem cable" incident. In the end, Wang Zhiwei, the actual controller, was punished for several crimes, decided to execute life imprisonment, deprived of political rights for life, and fined 265,438 yuan +0.5 million yuan; The remaining seven defendants (all employees of the company) were sentenced to fixed-term imprisonment ranging from 7 years to 12 years respectively. The incident spread to a wide area, and 22 responsible persons of local functional departments 122, including 6 at departmental level 16 and 58 at departmental level, were held accountable according to discipline and law, which was shocking.
2. Okay's operating profit is acceptable, and the actual controller will not take risks for profiteering.
Okay financial statements provided to financial institutions.
(Unit: 10,000 yuan)
2013201420152016 may
As can be seen from the report, Okay's profitability is good, with a net profit margin of around 9%. The main business is growing rapidly, and according to the development trend at that time, the future development prospect is optimistic.
According to China Judgment Document Network, Shaanxi Okay Cable Co., Ltd. and Wang Zhiwei are guilty of producing and selling fake and inferior products, and the second instance of unit bribery is criminal judgment: "2065438+From February to July, 2005, Shaanxi Okay Company successively signed low-voltage power cable supply contracts with China Railway No.1 Group Electrical Engineering Co., Ltd. and other 8 sections of An Metro Line 3, and its production time for An Metro cable should be 2065433.
Wang Zhiwei, the actual controller, has been engaged in cable production and sales for more than 20 years. It is impossible not to know the consequences of using fake and shoddy cable products, and there is no need to cut corners (in the production process, only the two ends of the cable are about15m, and the production is carried out according to the contract requirements, and the middle part is thinned and the product quality is controlled through internal operation), so as to make quick success and touch the legal bottom line. Because according to the provisions of Article 140 of the Criminal Law of People's Republic of China (PRC), whoever produces or sells fake and inferior products with a sales amount of more than 2 million yuan shall be sentenced to fixed-term imprisonment of not more than 15 years or life imprisonment, and shall also be fined not less than 50% but not more than 2 times the sales amount or confiscated of property.
Why did he take the risk?
3. From the analysis of personal development experience and wealth accumulation process, the actual controller is likely to bear huge invisible debts, which leads him to take risks in order to repay huge debts as soon as possible.
Wang Zhiwei1972 September 1 1 Born in hejian city, Hebei Province, with a junior high school education. When a journalist from China interviewed in his hometown of Wang Zhiwei, his brother Wang introduced that his family were farmers and he had no money to provide financial assistance to Wang Zhiwei. At the scene, he saw that there were only a few bungalows in his hometown, which was very shabby.
(1)1991kloc-0/2 from February 2002 to 2002, Wang Zhiwei basically worked part-time. According to an interview report released by Shaanxi Radio and Television Station on March 25th, 20th17th, during the interview in Yangling Demonstration Zone, the reporter found the resumes of three shareholders of Shaanxi Okay Cable Co., Ltd. from a financing guarantee company.
Among them, Wang Zhiwei's resume shows that he served as vice president of sales in Hebei Xinhua Cable Co., Ltd. from 65438 to 0993 in 2002, and studied for an MBA in Xi Jiaotong University from 2002 to 2006. He was appointed by the company to engage in sales work in Shaanxi. According to the survey of Chinese businessmen. COM 2065438+March 25th, 2007 ("The reporter visited Okay Cable's legal person father: what should not be shouldered"), the head of the personnel department of Hebei Xinhua Cable Co., Ltd. Wang Xingyi said that Wang Zhiwei worked in the company's workshop from June 5438+099 10 to February 1994. The reply that Huashang Daily got from relevant departments of Xi Jiaotong University was: "Wang Zhiwei, the head of Okay Cable, was not found in all available systems in our school, and Wang Zhiwei had nothing to do with Xi Jiaotong University. "
(2) From 2003 to 2065438+02, Wang Zhiwei had no experience of accumulating wealth on a large scale. Judging from the resume provided by Wang Zhiwei to the guarantee company, he did not provide any large-scale wealth accumulation experience at this stage, and public opinion and the media did not find out that he had any experience in starting a company or even engaging in self-employment.
According to his brother Wang, Wang Zhiwei sold cables for two large local cable TV companies in his early years. After about 2003, Wang Zhiwei and his wife Liu Xiufen left the local area to work in Shaanxi. They came from a peasant family in a neighboring village. "It should still be sold." (See "Wang Zhiwei, Actual Controller of Okay Cable: Born in Rural Junior High School, Started Selling" Source: Company Secret 20 17-03-24).
The public work experience is that in September, 2009, Wang Zhiwei worked as a sales agent in Changjiang Hi-Tech Cable Co., Ltd. (see "Shaanxi Okay Cable Co., Ltd., Wang Zhiwei and others' Crime of Producing and Selling Fake and Inferior Products, Unit Bribery, Second Instance of Bribery Crime criminal judgment"). But how high can the income from sales be? Okay's net profit in the first two years was only about 2 million yuan. Even if it is optimistic, the annual income of the sales staff of Changjiang Company is hard to reach 6.5438+0 million yuan, because Changjiang Hi-Tech Cable Co., Ltd. defaulted on all kinds of money, and was listed as an executor of dishonesty by the court in 2065.438+03.
(3) The huge capital increase of 40 million yuan at the beginning of the company's establishment is likely to be the formation of invisible debt. On March 2 17, 2 1, the reporter of Huashang Daily inquired at the Industrial and Commercial Bureau of Yangling Demonstration Zone that the registration time of Shaanxi Okay Cable Co., Ltd. was 20 12 165438. The shareholders were originally two natural persons, Liu Xiufen and Gao Fei, and his wife Liu Xiufen is the executive director and general manager of the company, holding 60% of the shares. My niece Gao Fei is a supervisor and holds 40% of the shares.
Nominally, they should hold shares on behalf of Wang Zhiwei, because according to the report of Company Secrets (2065438+March 24, 2007), Wang Zhiwei, the actual controller of Okay Cable, was born in a rural junior high school and started selling, "It seems to some people who are familiar with Gao Fei that she and her family don't have that much financial resources. According to relatives and neighbors in Wang Zhiwei's hometown, Gao Fei, who works in Okay, has not bought a house so far; About a few months ago, Gao Fei's mother went to Xi 'an to look after her newborn grandson in the house rented by her daughter. Gao Fei's father went to the canteen of Shaanxi Okay Company and became a chef, responsible for cooking for the employees of the company. "... In addition, if Liu Xiufen and Gao Fei are the real shareholders of the company, they must also bear legal responsibilities and be punished by law. 2015,5438+In June 2002, shareholders Liu Xiufen and Gao Fei transferred part of their shares to Wang Zhiwei. The ownership structure of Okay Company is finally Wang Zhiwei (71.1%), Liu Xiufen (18.46%) and Gao Fei (65438). From the official account of "Wind Control Technology" WeChat, please indicate the source.
Okay Company's initial registered capital is 50.3 million yuan, and the paid-in capital is only 1065438+ 10,000 yuan (the financial audit of the company in 20 12 shows that the total assets of the company in that year were only10/48400). It was not until July 2065438+2003 that the registered capital was paid in full, that is, the capital was increased by 40 million yuan, which lasted more than half a year. Where did this huge sum come from? According to an interview with the reporter of "Company Secret", until 20 12, Shaanxi Okay Cable Company was established, brothers and sisters including Wang were not clear about the initial source of funds for investing in the factory.
Before Okay was founded, Wang Zhiwei had no experience of accumulating wealth on a large scale, so this huge capital increase of 40 million yuan is likely to be the formation of invisible debt from the people; The interest rate of private financing is generally much higher than that of bank loans. Therefore, it is understandable that Wang Zhiwei is burdened with huge private financing principal and interest. In order to pay off its debts as soon as possible, it is eager for quick success in business, even taking risks and making huge profits by producing fake and shoddy products.
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