All Hing Group's mother and child team's full-hing Daqu path starting Bottom

These days, Sichuan water Wells Square (600779, Stock) Co., Ltd. Trade union Committee (hereinafter referred to as "water well Square trade union") is in the hands of the whole Hing Group of Sichuan All Hing Liquor Co., Ltd. (hereinafter referred to as "all hing Liquor") equity stake to find the next. The National Development and Reform Commission and the Ministry of Commerce issued a catalogue of foreign investment industry guidance clearly stipulates that in the restricted industries, the production of high-quality liquor by the Chinese side holding. According to the Ministry of Industry requirements, in 2011, from the British wine giant Diageo holdings of the whole Hing Group, China's one of the eight famous wine of the whole Hing Daqu production enterprises have been from Sichuan Well Square Co., Ltd. (hereinafter referred to as "Wells Square", 600779,sh) stripped out.　　All Hing Group is the first major shareholder of Wells Square, holding 39.71%. But peeling is not clean. According to our sole investigation, the original group of the parent-subsidiary company in the senior and the staff of a total of 1722 people still share the full Hing Daqu. With the original water well Square trade union chairman, the Chairman of the Board of Supervisors Zhu Guoying, on behalf of the shares of Chengdu Workers Hui Investment Consulting Co., Ltd. (hereinafter referred to as "Industrial Hui Investment") still holds the full hing liquor 33% of the equity.　　Most of them still work in the Wells Square.　　According to another investigation, this 33% of the equity, not only has the whole Hing Group management and staff figure, Chengdu Jin Rui Tong Industrial Group (hereinafter referred to as "Jinrui Group") is also the name of private in the holding of shares in the agreement. "Due to the original group management staff and staff holding the whole Hing liquor industry to the water Wells square existing liquor business formation conflict and impact, we are in accordance with the relevant regulatory provisions for rectification."　　"August 17, the former wholly Hing group and Water Well Square chairman, the current Chengdu Ying Sheng Investment Holdings Limited (hereinafter referred to as" Ying Sheng Investment ") Chairman Yang Yanki accepted this reporter interview. Water Well Fang Dong-Zhang Zongjun said: "Water well Square has made a resolution to transfer the wholly-hing liquor ownership stake of the Gong Hui Investment, and is currently developing a transfer scheme to solicit the transferee."　　"The Secrets of the secret worker-Hui investment were first revealed a year ago, but they are not known to outsiders." March 25, 2012, the National Spring Sugar Cocktail Party full Hing daqu new conference.　　Yang Yanki appeared in the conference site and claimed that the full Hing Daqu and Wells Square brand is born. Why has Yang Yanki been completely stripped of the company's wholly-hing brand activity ceremony held by Shanghai Sugar Liquor Group (hereinafter referred to as "Shanghai Rum Group")? Wells Square an executive and a reporter chatting with no intention to disclose: "We do not fully and wholly-hing daqu off the relationship." The company, which is owned by the union representative of Wells Square, still has a stake in the full Hing liquor industry. "Since the second National Wine Tasting Conference, eight famous wines, the whole Hing brand Hing Daqu Liquor has three times won the National Famous Award." Diageo Holdings Group, 2011.　　According to the catalogue of two revised foreign investment industry guidance in 2007 and 2011, the production of famous liquor cannot be controlled by foreign capital in the third category of restricted industries. 2011, Yang Yanki announced: "Wells Square and the full Hing wine has no property rights, in assets, finance, personnel, brand, production and operation and other aspects of complete separation, independent operation. "All Hing Group and the whole Hing liquor industry in the equity ownership of the unrelated." Is that so?　　Since 2011, the reporter through the field investigation and many interviews, and finally opened up the layers of the work-hui veil. 2011, the full hing liquor industry changes in the regulations show that the company registered capital of 120 million yuan.　　September 2011, the Shanghai Sugar Wine Group Currency investment of 75.04 million yuan, industrial Hui invested 36.96 million Yuan capital. Gong Hui Investment is located in Chengdu Pi County.　　Reporter to Pi County Industry and Commerce Bureau inquires information that the company was founded in November 2010, the legal representative Zhu Guoying, belong to one person limited liability company, registered capital of 100,000 yuan. March 2011, the shareholder of Gong Hui Investment increased to three natural persons. The registered capital increased from 100,000 yuan to 1 million yuan. Of the new 900,000-yuan capital injection, Zhu Guoying to pay 880,000 yuan in money, and two other natural person shareholders only out of 10,000 yuan.　　Some professionals point out that the other two are in nominal terms, from a limited liability company of one person to three people. Why can the investment of the unknown workers occupy a place in the whole Hing liquor industry?　　The reporter further consulted the party to know, this company and the whole Hing group inseparable. There is no board of directors, only one executive director Zhu Guoying. The legal representative and manager left the water Wells Square in 2011 and resigned as chairman of the supervisory board for many years.　　Previously, Zhu Guoying also served as the Chairman of the Group of Supervisors, Wells Square. Labor Hui investment Supervisor tension, Wells Square shares of current executives.　　Even when the investment was established, the Honghui was entrusted with the process of industrial and commercial formalities, and also the middle-level personnel of the whole Hing group. Gong Hui Investment Company Residence is located in "Pi County Red Town, no. No. 998, Juan Hing Road." This July, many times the reporter drove to Pi County to find the address was not found, only to find No. 729 Juan Hing Road, but the vicinity is Poly Kam Trading Company location.　　Industry and commerce data show that the investment in the water Wells Fang, a subsidiary of Poly-37 square meters office room. The business scope of the investment is economic and trade consultation, Enterprise planning design, project investment Consulting service.　　From the establishment to the present, the Hui investment has only done one thing, has invested 36.96 million yuan, controls the whole Hing liquor industry 33% Equity. Public information shows that in the water Wells Square during the tenure, Zhu Guoying's annual salary from 2000 to 23,000 Yuan, to 2006 of 66,000 yuan, and then to 2007 180,000 annual salary, all the way up to its departure 230,000 yuan (before tax).　　But its salary and more than 30 million yuan investment still far from the gap. Gong Hui Investment in the business registration information left office telephone, and Poly Kam-commerce is the same.　　July 30, the reporter as an investor into the work Hui investment telephone, a woman said, this is the water wells Square workers hold the company, they do not want to say more.　　If so, why didn't management and staff appear on the shareholder list? "Gong Hui investment is 3 people on behalf of 1722 people holding, all the shareholding according to my seniority of the average enjoyment of four stalls, the daily by the water wells Square trade unions, enterprise staff civil Trust shareholdingThe management committee is jointly managed on behalf of everyone.　　In August, the Wells Square to the reporter's interview. Mashi explained that due to legal restrictions, industrial and commercial registration limited liability company shareholders can not exceed 50 people.　　Gong Hui invested three people to represent. "Zhu Guoying is the former union chairman of Shui Jing Fang, and the other two shareholders Houlianghua and Kang Houjian are representatives of employees and retirees of the wholly Hing Group Parent-subsidiary company."　　"Yang Yanki said.　　All along, all Hing Group has not set up another group of trade unions, all Hing Group of parent-child company employees can voluntarily participate in water Wells Square trade union. "The shareholder structure of Gong Hui investment is basically consistent with the shareholder structure of Ying Sheng Investment, and it is also employed, retired and 退养."　　Further explanation from the people familiar with the water wells Square. Ying Sheng Investment is the 2002, the whole Hing group restructuring of the product, after the management of the shareholding extended to the entire staff shareholding.　　At present, Ying Sheng investment a total of 1726 people holding, of which a total of 192 senior staff, a shareholding of 79.829038%. Restructuring over the past decade, through the use of trust holdings, dividend payments, Diageo acquisition of the whole Hing Group of shares, such as the operation of the profit-sheng investment dividend amounted to 1.955 billion yuan. Among them, in the profit-sheng investment in the highest proportion of personal shareholding, up to 4.362171% of the Yang Yanki cumulative dividend of 69.06 million yuan.　　Reporter according to its shareholding in the surplus 1.776699% calculated, Zhu Guoying dividend amount of more than 30 million yuan (before tax). What is the purpose of setting up a work-hui investment? "Participation in the whole Hing liquor industry." Management and staff of the whole Hing liquor industry have feelings, we as the whole Hing wine industry, although the small investors have no right to speak, but can share some investment income.　　"There are executives at Wells Square," he said. Two steps to take full-hing equity in February 2010 and January 2011, Mashi will hold the entire Hing liquor industry 55% and 40% of the shares were transferred to the Jinrui Tong Group and Shanghai Sugar Liquor Group, respectively, 64.8285 million yuan and 48 million yuan.　　Subsequently, the whole Hing Group will also hold the whole Hing liquor 5% Equity transfer to the Jinrui group. 2006, the whole Hing Liquor was founded in Chengdu, 19th Wells Street, registered capital of 12 million yuan, Wells Square shareholding 95%, the whole Hing group shareholding 5%.　　The company is mainly engaged in the full Hing Daqu and "Hing" brand series of wine sales. Despite the fact that the 1:1 has earned $ more than 44 million by selling the whole Hing liquor industry on the basis of the valuation of net assets, the industry still has a low price because it does not have the valuation of the intangible assets of the wholly-hing brand. 2005, the whole Hing shares (Wells Square predecessor) reform, "All Hing" brand from the whole Hing group free injection to the listed companies.　　2007, the Chinese Brand Research Institute of "The second Chinese brand value hundred strong list", "All Hing" brand to 1.219 billion Yuan list 16th. Clearly already from the water well square and the whole Hing Group stripped out of the whole Hing wine industry, how and work Hui investment to relate?　　This has to avoid industrial policy from the whole Hing Bureau. That's about 2011. Diageo plans to increaseHolding surplus Sheng Investment holdings of the whole Hing group 4%, plus Dili Yagio has 49% wholly hing Group of equity, foreign capital will hold the whole Hing group.　　In order to give up the holding power of the whole Hing Group and the status of the listed company to control the people, in exchange for the threshold of entering the international market, this is a way for Yang Yanki to advocate liquor internationalization. Since foreign capital may not hold the whole hing Qu, then Yang Yanki that the foreign party can still participate in Chinese famous wines. At that time as the Chairman of the whole Hing Group, Yang Yanki to only peel off the entire Hing liquor industry 60% of the equity (stripping Wells Square holds the entire Hing liquor industry 55% Equity plus the whole Hing group holds a full hing liquor industry 5%), "Two brands have the same root blood relationship!" "But what kind of an assignee is good?"　　Yang Yanki is very much a bother. August 17, in this reporter exclusive interview, Yang Yanki first disclosure: The Enterprise is not liquor-making enterprises, if the same industry, the formation of "association" relationship is not in line with the regulatory requirements, preferably with Wells Square has business dealings of the non-liquor enterprises.　　In this way, even if the transfer of the whole Hing liquor industry 60% of the controlling power, but the whole Hing liquor industry after the reorganization of the business, as far as possible and the water well Square brand operation to maintain coordination. Yang Yanki thought of the whole Hing Group of Old partners Jinrui Tong Group.　　It turns out that Jinrui has become an "iron league" of the interests of the parent-child team headed by the senior middle-level group, and has become an important hand in the high income of the transfer of equity. "We have spent 70 million yuan to buy 60% of the whole Hing liquor industry." "Two times to petition, this reporter only in Jinrui Tong Group found the relevant person in charge. "Then the 60% equity was turned out again, and I didn't earn Yang Yanki a penny, he found me to help."　　"The person said. "We've been dealing with the whole Hing group and packing them." The official said that he and Yang himself have more than 20 years of friendship.　　He refers to its subsidiary of Chengdu Hexing Packaging Printing Co., Ltd., mainly engaged in packaging decoration and trademark printing and other products.　　The Jinrui group, which started as a uniform, has 13 holding subsidiaries, involved in police uniforms production, fire engineering, real estate development, construction projects and more than 10 industries. Neither the production of liquor and water wells Square cooperation for many years, this is not to avert suspicion, Yang to find the "child care" company?　　The reporter also found that 22 years ago, with the government-funded 20,000 Yuan workshop-style uniform factory, developed to the current asset scale growth of 10,000 times times Jinrui group, and the whole Hing Group, the success of the management of the shareholding, 104 shareholders to buy all the township collective shares, to become private enterprises. In the whole Hing wine industry 60% stake successfully found in the "transition" after the next, Yang Yanki began to layout the second step of the wine industry, by the Gong Hui investment in the whole Hing wine industry 60% Equity. November 2010, Gong Hui Investment in Pi County was established.　　Pi County, is the water wells Square for many years the important production base of wine industry, Mashi and the local government good relations. In the profit of the investment loan, Gong Hui invested 70.72 million yuan to buy the whole Hing liquor industry 60% Equity from Jinrui Group. In this way, allHing wine industry from industrial policy to circumvent the continued holding of Wells Square, but the actual holding power is still in the hands of all employees, including the high level in the Wells Square. But soon, the water Wells Square's first chess misses. Relevant government departments and trade associations made it clear that the water Wells Square, which is to be controlled by foreign capital, would be stripped of the remaining 40% per cent of the whole Hing liquor industry to fully meet the requirements of the catalogue of foreign-funded industries.　　According to people familiar with the situation, foreign investment in the full Hing Daqu, by the Ministry of Industry and the Chinese Wine Association in charge of the opposition. February 2011, the full hing liquor industry 40% of the shares of the Shanghai Sugar Liquor Group. Yang Yanki to this reporter said, Shanghai sugar Liquor Group to Sichuan province to build the Chinese liquor Golden Triangle Strategic Development planning attaches great importance to invest a lot of money to promote the development of Sichuan famous wines.　　There is an exclusive source said that the full Hing Daqu by the Shanghai state-owned strong commercial capitalist support, the real catalyst is the Ministry of Information. "All Hing Group before the restructuring of state-owned enterprises, the whole Hing Daqu was a state-owned brand, now back to state-owned." Yang Yanki and I all hope that the whole hing wine industry in the hands of the big bright group do a good job.　　Jinrui, said the official. The business of the investment of Gong Hui However, Shanghai is not satisfied with only a 40% per cent stake in the full Hing liquor industry. "They have to get more than two-thirds equity to form an absolute holding, and not even 51%." As soon as you get it, the company's major resolution can be approved as long as Two-thirds shareholders agree.　　People familiar with the matter said.　　At this time, the whole Hing wine industry's controlling power has long been Yang Yanki the layout in the industrial Hui investment. "Shanghai Sugar Liquor Group wanted to go through equity holdings, to the full Hing wine industry 70% of the equity, after the two sides of the negotiations fell to 67%."　　"Yang Yanki said. At the request of Yang Yanki, the investment of Gong Hui retained the 33% equity of the whole Hing liquor industry.　　He explained that this part of the stake in fact divided into two: one is the whole Hing Group of all restructuring staff shareholding 27%, this is the whole Hing-Hing brand historical contribution to give a reasonable return, but also received the understanding of Shanghai research. The second is the investment of Jinrui-Hui to hold a 6% stake in the whole Hing liquor industry. has helped the whole Hing Group mother and Child team "hand" Kim Ruitong hope in the whole Hing wine industry in the future development of a piece, then the investment of more than 10 million yuan subscription. "Because Shanghai does not want to Jinrui direct shareholding, it is by the industrial Hui investment."　　People familiar with the matter said.　　According to the reporter knows, the gong Hui invests a premium to sell the whole hing liquor industry 27% of the stake to Shanghai Sugar Liquor Group, made a fortune. Gamble the fate of all Hing Daqu and glory, rather than do opportunistic one, this is the whole Hing Group Parent-subsidiary team to participate in the whole Hing liquor industry's real purpose. "Due to the original group management staff and staff holding the whole Hing liquor industry to the water Wells square existing liquor business formation conflict and impact, we are in accordance with the relevant regulatory provisions for rectification."　　August 17, Yang Yanki told reporters that he was worried about the full hing Qu and Shui Jing Fang after fighting. Zhang Zongjun further explained that the employees and executives of listed companies are serving Wells Square, but now they are holding a part of the whole Hing liquor industry. Although the whole Hing team does not hold the full hing wineIndustry, does not calculate the competition, but has formed the conflict and has the influence to the listed company business.