Name of Deng Baishi Huicong joint venture: who is in front

Gao Wei from Beijing

"Deng Baishi wants to take advantage of HC's local customer resources to pave the way for Deng Baishi to enter the B2C market in China. HC also wants to use Deng Bai's international brand to build the largest B2C market research institution in China. HC is rather powerful, and it will not leave Deng Baishi with any opportunity to dig customer resources from his own hands ." This is an analysis by a senior market consultant.

On October 11, February 1, at the first floor of the Jingyi technology building on Zhichun Road, Beijing, the research on the Deng Baishi HC market jointly established by US veteran consulting firm Deng Baishi and local listed company Huicong ushered in 60th business days.

However, the joint venture is at a crossroads. Daily Economic News was informed that disputes between the joint venture and the two sides led to a decline in business standards. In January, the customer refused to pay for the project.

"Many things on both sides have not been straightened out," Zhao Long, CEO of the joint venture, told reporters. "We will be able to tell you when the shareholders' meeting is held in the middle of this month ."

Name competition: who puts it above?

In October December 1 last year, Deng Baishi, a veteran consulting company in the United States, and a joint venture between the local Hong Kong-listed company HC group, started its operation.

It is reported that the joint venture has two subsidiaries, the former is owned by Deng Baishi 60%, and HC accounts for 40%, named Beijing Deng Baishi HC market Consulting Co., Ltd. (hereinafter referred to as the sales branch ); the latter is owned by HC Holdings 70%, and Deng Baishi accounts for 30%. It is named HC Boxin Information Consulting Co., Ltd. (hereinafter referred to as the performance branch ). "The root story didn't show Deng Bai's name. Our former Deng Bai's employees were dumb at the time," said one former Deng Bai's employee.

There are more than one conflict between company names. It is understood that at the beginning of the joint venture between Deng Baishi and Huicong, the name of the joint venture is clearly Deng Baishi HC market research. "On the day that the new company moved to the new site of the Jingyi building on March 13, December 1, we saw a front-end company LOGO with the words 'HC Deng Bai's market research '. Since that day, the conflicts between the two sides have not been resolved ." D.J. X, former employee of the joint venture, told reporters.

D.J. X also revealed that "as the office location and physical property are provided by Huicong, during the renovation of the new office, Huicong did not obtain our consent and forcibly changed the front-end LOGO. The name of the performance-performing branch does not even contain the word "Deng Baishi". The former Deng Baishi employee of the company dropped from the employee of the foreign company and we felt humiliated ."

Zhao Long, CEO of the joint venture from Huicong group, said: "The name is not the most important. The key is that we have not straighten out many relationships. After March 12th day of this month, we will hold a press conference to restate these things ."

It is understood that the competition for names has not been resolved, and the former employees of Deng Bai in the joint venture have not printed business cards yet, and the new work has not yet been carried out.

Wage storm: delayed payment?

Reporters found that the delay in the payment of wages before the Spring Festival pushed the conflict to a climax, and even shocked Deng Bai's Asia Pacific Leadership.

It is understood that many former employees of Deng Bai chose to work in the joint venture only based on Deng Bai's commitment that "all welfare benefits remain unchanged. On July 6, January 15, the human resources department of the joint venture company issued a notice that the current salary of former employees of Deng Baishi will be paid on the 10th day of the following month (that is, February 2009) according to Huicong's system, it broke Deng Bai's practice of paying salaries on the 28 th of the current month and caused an uproar.

On the morning of June January 16, some former employees of Deng Baishi criticized the incident in internal emails and sent emails to everyone in the company, including Deng Baishi and HC executives. At five o'clock P.M. on the same day, the management of the joint venture held three conferences in Beijing, Shanghai and Guangzhou, and promised the former employees of Deng Baishi that the salary would be paid in a timely manner according to Deng Baishi's practice. After that, former employees of Deng Baishi received their monthly salary on schedule before the festival. However, the former employees of HC still need to wait until February 10 to receive the salary, which caused dissatisfaction among their central employees: "They (former employees of Deng Baishi) solved the problem after a fight, in addition, they don't need to punch in to and from work, and our hearts are quite unbalanced."

The travel standard is also one of the focal points of confrontation between former employees of Deng Bai and senior personnel of HC. It is understood that HC's general staff travel standard is 160 yuan a day (including transportation, accommodation), which is very different from Deng Bai's China standard. A former Deng Bai employee told reporters: "In terms of travel expense standards, Deng Bai's standards are almost three times that of HC ."

In addition, former employees of Deng Baishi complained: "We used to work 7.5 hours a day, and we were forced by HC to set the current 8 hours ."