150 kg of Coase's books were burned to the point of embezzling collective property nearly billion

This reporter Huang Lijing from Guangzhou net worth as much as 1 billion of the Wu Xianliang family behind have seen the story of not light.　　A letter of complaint exposed the Suzhou Wood Ink Co., Ltd. (300192.SZ, hereinafter referred to as "wood") "Bloody" Rich road-holding the company's Wu Xianliang family or by misappropriation of collective assets near billion to make a fortune. March 22, Coase Wood on the market, let the actual control of Wu Yanhong, Wu Xianliang sibling worth as much as 1.0125 billion yuan. But at the same time, a letter from the Suzhou Hu Qiao Village revealed that 10 years ago, Wu Yanhong, Wu Xianliang father Jingen when Ren Hu Qiao Village party secretary, through the maneuver collective assets, misappropriation collective property nearly billion, now, the village villagers not only lost the opportunity to work, but also lost the benefits of land dividends, up to more than 300 households,　　Thousands of villagers, who account for more than 75% of the village, were forced to petition for justice! "It is useless for you to sue the United Nations, money can make the mare go." The petition says Jingen had so openly threatened to intimidate and show off. But Hu Qiao Village villagers do not rest, they to the Times weekly show evidence, witnesses, said to strive to the end. An outgoing senior executive to The Times weekly exposure, over the past decade, relying on the Wu Xianliang father Jingen "Hoodwink" power, to help the coase growth and listing, behind the very complex network of relations.　　And some villagers said, Jingen corruption is very "black heart", by eating away the collective assets, Village People see it scolded, he has been a few years afraid to return to the village. 70 million assets were missing. Coase was founded in 2003, when the registered capital of 10 million yuan from the East Wu Dye factory.　　And the East Wu Dye Factory's actual holding person Jingen, in 2001 before and after the restructuring, the East Wu Dye factory up to 70 million yuan of assets disappeared. "In a short period of 1 years, no natural and man-made disasters and no loss of the situation, the East Wu dye factory total assets of less than 40 million yuan?"　　"Hu Qiao Cun villagers angrily questioned the times, Jingen don't know when to move the money secretly away."　　Hu Qiao Village villagers to the Times weekly production of the Suzhou Xiangcheng District Trade and Industry bureau documents show that December 25, 1999, the East Wu Dye factory assets of 106.4 million yuan, to December 25, 2000, the report show has dropped to 60.74 million yuan. "Why is it shrinking so fast?" At that time, the benefit of soochow dye factory is very good. Wuxian City East Wu Dye factory was originally Wuxian City East Bridge Township Hu Qiao Village was founded in 1996, a village-level collective enterprise, is one of the four major dyestuff base, 1999 sales income of more than 100 million, the profit of more than 25 million yuan per year, the total assets of 106.4 million yuan.　　"The villagers in Hu Qiao Village said so in their letter of complaint." But Jingen's "greed" is more than that. After just six months, the total assets of 60.74 million yuan shrank to about 30 million yuan. June 8, 2001, in order to change the "village factory, resulting in some of its assets are not operating assets and non-performing assets long-term ledger" situation, the East Wu Dye factory restructuring, the establishment of Soochow dye Company, before the reform, Suzhou Tian an accounting firm has issued a "on the Wuxian city East Wu Dye factory assets evaluation report", said that as of December 31, 2000, Wuxian City East Wu Dye factory net assets of 30.8379 million yuan, including fixed assets and other liquid assets. In addition, Jingen also continuously eats up the collective equity. "Wu 2000 in the East Wu Dye factory before the reform in the village branch of the General Assembly declared that the village collective will account for the transformation of the East Wu Dye Factory 49% Equity, the result of the village collective only 24.67%," the letter questioned Wu to deceive the means, embezzled the village collective half of the equity. "Jingen did not fulfill the promise, restructuring at the beginning, Jingen accounted for 36% of shares, I accounted for 18%, village collective accounted for 24.67%, the rest of the small shareholders."　　"When Ren Dong Wu dye factory executives Lo Quannan to The Times weekly reporter revealed. More exaggerated is that, a year later, in the villagers do not know, the village collective only 24.67% of the remaining is Jingen greed for their own. "2001, Jingen's equity has jumped to 51%," Lo Quannan report to the Times, Jingen at that time as the village secretary, is also the power of the East Wu Dye factory, the village collective property into their own, and did not meet, the villagers do not know. "The countryside is like this, local despot the boss." Our factory from restructuring to the present, has never been divided red.　　Lo Quannan revealed that, because the villagers have their families in the East Wu Dye factory work, and no one dares to blatant confrontation with Jingen, can only be resigned to. Forged signature forced back executives because the pollution of the East Wu Dye factory does not comply with environmental regulations, Jingen and Lo Quannan subsequently set up the East Wu chemical industry, the East Wu Dye factory gradually relocated to the East Wu Chemical.　　2003, Jingen East Wu Dye factory funds invested 10 million yuan to set up the predecessor of Kos-Suzhou Toyo Ink Co., Ltd. (hereinafter referred to as "Big Toyo"). Jingen to Lo Quannan and other people that he accounted for 51% of all shares transferred to his son. Lo Quannan as the vice-president of technology, accounted for 17%, Huang responsible for sales, accounting for about 2% of the equity. "At the end of 2002, Jingen son returned and studied in Canada for less than 10 months, come back nothing dry, Huang have relatives in Shanghai Ink factory, said the ink is good to do, so, Jingen for his son set up a large Toyo ink factory, all the investment is from the East Wu Dye factory, so all the shareholders of the East Wu Dye factory are big Toyo shareholders. The company's actual work is I and Huang dry, Wu Xianliang do not understand anything, only the chairman and legal person.　　Lo Quannan told The Times weekly reporter. But the Big Oriental Foundation just stabilized, Jingen but began to push back Lo Quannan. "In the Spring Festival of 2004, I got half of my 2003-year salary," Lo Quannan said. "At that time, I already felt jingen like to keep finding fault and not let me do the work, the reason is because my personal stake is too high, Jingen began to move my share of the brain." So, I told him, I can give all the shares to you, as long as you can stay in the factory to work, get paid on the line. So, Jingen and Lo Quannan signed aShare transfer agreement, so that it agreed to all of the above shares at a cost of 630,000 to the full transfer to themselves, the insufficient part of the verbal commitment will give sufficient.　　The reason for the Jingen is that if you write a total of 6.85 million dollars in the agreement, the other shareholders won't see well. But unexpectedly, after signing the contract for two days, he changed his face. "Lo Quannan to The Times weekly," Finally, Jingen even 630,000 yuan will not give me, the reason is I also to the East Wu Dye factory borrowed 2.09 million yuan to buy a house has not paid off, but in accordance with the shares and the current stock price, I should be able to get 30 million yuan, 2.09 million yuan and 30 million yuan is dwarfed. "So Lo Quannan decided not to sign any formal equity transfer paperwork, but he still inexplicably disappeared from the shareholder list of the three companies." According to the prospectus, the shareholder meeting decided to reduce the registered capital of Toyo from 10 million yuan to 5 million yuan, Wu Xianliang, Lo Quannan, Sun Jieming and other 9 shareholders hold all the large Oriental Ink (part) of the stock by the big Toyo Ink to 1 yuan/share price repurchase cancellation.　　After the money was cut, Wu Xianliang increased from 50% to 68%, and Lo Quannan from a shareholding of 17% to nothing. On the prospectus of the 1 yuan/share repurchase, Lo Quannan very angrily told The Times weekly Reporter: "I have never signed this resolution, and I have never received a 1.7 million yuan repurchase money, is someone in the forgery of my signature." "It is understood that April 18, 2010, Lo Quannan to the Suzhou Xiangcheng District court to bring a civil lawsuit, the decree of the December 2004 Grand Oriental Equity transfer and shareholder change behavior is invalid."　　The court issued a judgement on July 5, 2010, rejecting the plaintiff's claim. "Jingen has confessed to forging Lo Quannan's signature in court," he said. The transfer of shares and the change of shareholder's behavior should be invalid. But the court finally sentenced the result is very helpless, I do not understand why this sentence.　　Lo Quannan's lawyer, Mr. Zhang, told a reporter from The Times. Helpless, Lo Quannan can only withdraw, but his heart feel very unfair. "At the time, the judge told me that I was going to lose, and the lawyers suggested I'd better drop the charges and cut the costs by half." In fact, Coase was founded in 2003 and is not making money, "Lo Quannan to The Times, the East Wu Dye factory and East Wu chemical every year to make money is transported to Coase, 2005, East Wu Dye factory every month have millions of to Coase, they also founded a company in Nanjing, first turn to There, and turn to Coase.　　As long as the audit, you can find out the problem. The 150 kg ledger was burnt down with the East Wu Dye plant and the soochow chemical was squeezed dry. Hu Qiao Village villagers also lost their jobs and land dividends. The letter said that the current Coase Wood Ink Factory is a village investment of 8.8 million yuan in the construction of the Pan Yang Development Zone Four buildings, is the villagers rely on rental benefit distribution (at that time, the rental of 900,000 yuan per factory), and Jingen 2001 in the party members and the people do not know the feelingConditions, without a bid, in 2003 to buy 9.8 million yuan (including a year's rent) to the son to open a factory. In order to protect their rights, November 25, 2008, the village of more than 300 people on behalf of the whole village, signed and fingerprint of the report letter, request the Government to ascertain the facts. But Hu Qiao Village villagers said, "Xiangcheng District Wei, Procuratorate, city government did not give us the villagers representative a complete reply, the common people feel very dissatisfied, rather than argue." "Jingen felt the seriousness of the situation, on February 25, 2009, his daughter Wu Yanhong (Chief Financial Officer), son-in-law Shongming (VP of Production), Wu Weihong (Financial accounting), Tang Junjie (driver, Shongming brother-in-law) in the evening before the transformation of the books shipped to ink factory stuffed in the boiler burned, to destroy the evidence.　　Hu Qiao Village Villagers in the report letter said. "On the morning of February 26, 2009, the villagers who were responsible for burning the boiler at the Soochow dye factory came back and told us, ' no use, Jingen last night, the whole account burned '," the villagers Wu Xing Fu to The Times weekly reporter recalls, responsible for burning the boiler villagers said that night, Wu Yanhong, such as to get rid of them, their financial books burned. But Wu Apricot blessing and so did not give up, they and burning the boiler of the fellow to discuss, when the East Wu Dye factory sell cinder when notice a sound, not to burn the accounting books. "26th began, it has been raining, Wu Yanhong They do not burn the boiler, a few tons of accounting books, not to say that there is not finished burning." "The month of 29th, Wu Apricot Fu received the report of the burning boiler fellow, waiting in the factory door." Along with the East Wu Dye factory selling cinder car, riding a motorcycle forward, sure enough found some did not burn the books. "We packed three and a half sacks, and each sack was about 50 kilograms, and then brought it back and put it apart."　　Wu Apricot fu to The Times weekly reporter said. But Jingen's "power" is not as simple as they think. Wu Apricot Fu reluctantly to reporters: we March 18, 2009 to the police investigation team to report, and provide evidence, witnesses, time, place, but in this very sufficient evidence, but was told that the evidence is not enough to open a case. "Since November 2008, has been nearly two years of petitions, we to Xiangcheng District, Suzhou the number of relevant departments in more than 100 times, until now there is no clear statement, we have to the end of the rope, help no door, extremely helpless." Wu Xing Fu says. In this connection, the reporter contacted the Wu Yanhong, Dong-Zhang Zhang Feng and other people, and went to the interview outline.　　But by the end of the press, lasted 2 days, they did not have any reply. "The value of this company should be grossly overrated," some analysts pointed out that, first of all, the ink industry competition is more intense, coase raised funds for it to open up new customers do not have special help; second, the printing ink industry does not have much capital bottlenecks, the listing of the money in fact for the main business sales expansion is not very useful. "The 1/3 of the sales revenue of Kos, the listed company, was sold to the company's actual controllers.Wu Xianliang's dad, Jingen's company, relies on this to make business and profit growth trends, with linked transactions suspected.　　"the analyst said. Click to enter [Kos] Discussion