The morning of the star, Xin Feihong closed the storm and new progress

Business News (News of the King) star morning rush Xin Feihong closure of the storm and new progress. Reporter learned that the morning of the star of the rush-Feihong in Beijing yesterday afternoon to convene a shareholder meeting. Star morning, Xin Feihong CEO Chen Ping said in an interview, all the shareholders have attended the meeting on the debt, the future direction of development and other issues discussed, but the specific results need to wait until the end of the second shareholder meeting to be announced.

The shareholder meeting, which was scheduled to end 6 o'clock tonight, was extended to 7. Chen said in an interview after the meeting, the meeting was held in order to determine the main shareholders of the morning, Xin Feihong next to the direction of development, "with other express companies to cooperate, or through technical means to ensure the volume of business to maintain the normal operation of the company." At the same time, the issue of all creditor's debt is combed, and the development direction of the follow-up business is discussed.

In response to the external concern of Xin Feihong renamed "Feihong Logistics" after the single fly and restore the operation of the source of funds, Chen said that the shareholders ' meeting on the issue of Feihong, but details and when the official resumption of operations, and other issues, will be the end of this month after the second shareholder meeting to be announced. And the financial aspects of trade secrets, inconvenient to disclose.

Star Morning Urgent then a franchisee told reporters, originally hoped that through this shareholder meeting, can get a clear answer, is to liquidation, or find another platform for hosting, thus resuming operations and debt transfer. But there was no substantive progress in the meeting.

According to people familiar with the matter, the Morning star of the South China normal operation relies on the "Feihong" (has changed its name to "Fei Hong Logistics"), while the eastern region, north-east area is still in the whole network paralysis state. The source said, at present, some franchisees began to find another way out, but also some franchisee to do a collective action preparation.

After the investigation, the reporter found that the star morning, Xin Feihong website Publicity in charge of all over the merchants, there are some responsible for the morning and the star of Xin Feihong away from the relationship, transfer to other industry development.

According to the information, as of March 2010, the early morning star of the shareholders including Chen Ping himself (51.49%), Alibaba (30%), and including Chen Huibing, Chi, Zooyong and other former company executives, including many for natural persons. After this, the star morning in the Trade and Industry Bureau of the registration information has not made any changes. Alibaba, as the second largest shareholder, has always been uncertain about the early morning rush to stop operating. The reporter called Alibaba, the relevant person said to comment on the matter.