Chen Yu, former chairman of the company, was released on bail to stabilize employees

This reporter Zheng Guilan Beijing reported September 4 a paper announcement, and will be linked to the eternal benefit of the cusp. The company chairman, general manager Peng because of suspected unit bribery crime, has been detained by public security organs. This is another blockbuster after the company's former chairman, general manager and major shareholder, Chen Yu, was arrested on March 31 for bribery charges.　　But soon things came to a turn, September 8, the Union letter Wynn Notice said Chen Yu has been on the September 7 bail out, Chen Yu is still the actual control of the company. Sun Yuwen, general manager and chief executive of the company, said in an interview with the Huaxia Times that Chen Yu had appeared in the firm, which was positive for the stability of employees and customers.　　He also said that the company is operating normally, is trying to improve the annual performance, and strive to seize the second half of the business season.　　On the subject of bribery in the case, Sun Yuwen said that the relevant investigation team let their company signed a confidentiality commitment, in the case is not clear before the issue of the case can not be disclosed. Chen Yu appearance Stable staff sentiment is highly valued Chen Yu bail, Sun Yuwen in the "Huaxia Times" interview, said: "At present we Chen has been released on bail, and has appeared in the company." Staff to see Chen always appear in the company should be said to be more positive signal, but also conducive to stabilizing customers and partners of the mood. At present, Chen has not been involved in the company's work, just out or to adjust. Sun Yuwen said that at present, the company management is doing a good job in both internal and external comfort work, internal mainly to let the staff understand the whole incident, so that employees believe that the company's operating and operating mechanism of no problems.　　Another aspect is to the company's customers, partners to explain the situation and the current situation, to the customer commitment to our products and services will not "lose the chain", as far as possible to eliminate each other's concerns. According to Sun Yuwen's introduction, it seems strong to feel that as the founder, the major shareholder Chen Yu is very important to the letter, perhaps originally Chen Yu is the soul of the company figure. Look at its prospectus, which has two major sections on the introduction of Chen Yu, Chen Yu has worked in Lenovo Group Research and Development Center, after the establishment of Beijing Heli Jinqiao System Integration Technology Co., Ltd. and as General manager, founded in 2002, Beijing Union Letter Yong Yi Technology Co., Ltd., was detained before the company chairman, general manager.　　Chen Yu was born in April 1964 and graduated from the Computer Institute of the Chinese Academy of Sciences in July 1987 with a master's degree and is currently known as an associate researcher. Chen Yu is one of the founders of the company and the largest shareholder, with a 35.77% per cent stake before issuance. The company sponsors also has two natural persons, two legal persons, respectively is Peng (shareholding 3.33%), Li Shuyong (shareholding 2.9%), Lenovo Investment Limited (shareholding 29%), Beijing Telecom Investment Co., Ltd. (shareholding 29%). At the same time Chen Yu is also a core source of technology, according to the prospectus, Chen Yu has "cigarette sales Mobile POS system V1.0" software copyright. The software copyright is made by Chen YuDevelopment and acquisition, and as a technology investment into the Union Letter Yong Yi Technology Co., Ltd. Unicom plans to postpone the six-year report loss of the joint letter of permanent benefits in addition to the newly listed chairman of the criminal detention of the particularity, its performance changing face is also quick. Union Letter Yong-Yi March 18 in the SME market, a quarterly profit of only 1.25 million yuan, half a year reported a profit loss of 6.74 million yuan. This is a far cry from net profit of $15.31 million a year earlier.　　For the reasons for the performance, the semi-annual report said that the main business receipts in the reporting period decreased by 4.88% over a year earlier, mainly because the company's key customers China Unicom Group Investment plan delayed the company part of the Beijing project postponed, and net profit year-on-year decline is 144%. It seems that the company's performance is very much expected of Beijing Unicom. According to the prospectus Disclosure, 2006, 2007, 2008 and 2009 1-June, the company's core customers in Beijing Unicom (formerly Beijing Netcom) sales accounted for the current operating income ratio of 68.17%, 65.53%, 57.2% and 42.4% respectively,　　Showed a gradual downward trend. The company also mentioned that if the loss of core customers or the major adverse changes in their production operations, or the development of new customers too slow, customers too concentrated may bring a certain risk to our business.　　Now for half a year, the risk is really there. In addition to relying on large clients, there is also a large scale of linked transactions. According to its shareholding structure, Beijing Telecom investment holds the first 29% of the shares of the company, and the telecom investment is a three-level subsidiary of the new Unicom group. 2006, 2007, 2008 and 2009 1-June, the company's sales of related parties accounted for the current main business income of 76.02%, 71.77%, 63.83% and 55.69%, related transactions accounted for relatively large.　　So it seems that the new Unicom is both the second largest shareholder of the union letter, and the biggest customer of the union letter forever. Sun Yuwen to reporters that the current performance pressure is indeed very large, the first half of the company is a loss, the annual performance pressure can not be optimistic. Now the management is certainly doing a good job, hoping to improve the performance as much as possible, but how far it can be. There are many uncertainties, after all.　　The second half of the year in accordance with the rules of the past is our industry signing of the season, hoping to improve performance in the second half. "But the company's business performance is not according to the signing of the time, but also some conditions, such as the need to collect more than 50%, customers to provide sampling reports, signed formal contracts, etc., according to the principle of accounting consistency, even if the second half of the bill may also not be included in the performance. So the second half of the performance can improve to what extent, it is not good to predict. I can only say that we do our best to do our job.　　"Sun Yuwen said. It is not uncommon for small and medium-sized listed companies to rely on the risk of monopolistic enterprises to reveal the dependence of the joint venture and Beijing Unicom. The communications industry has a very large purchasing volume each year, which feeds a lot of fast-growing companies. Gem listed constant letter mobile customers are basically all Hebei Mobile City branch; China starIndustry customers are also basically mobile branches, the company's small profit size.　　In addition, Shenzhou, the source of RDA, Century Ding Li, Meteno's main operating income are from the telecommunications industry. Sun Yuwen's reliance on big clients is indeed the company's short board, and the company's management is developing a strategy to gradually improve the problem. Beijing Unicom's contribution to the company's operating income has been declining. In addition to Beijing Unicom, as well as Tianjin Unicom and Hebei Unicom, although they are not a customer, but their actions are relatively high consistency, but also with the control of the Unicom head office.　　They have a heavy share of the company's performance. "At present, the company's sales strategy in addition to major customer strategy, as well as industry customer strategy and regional customer strategy, the company is also actively open up new industry customers, such as tobacco, electricity, coal and electricity."　　Sun Yuwen says the company is trying to improve its reliance on big clients. In the case of big clients being monopolistic, unit bribery may be the deadliest blow. If the crime of bribery of the Unit is related to the main customer, then the company's business will be greatly affected.　　Perhaps the small and medium-sized enterprises at that time became the "ants that fall from elephants". If the listed companies have a potential risk of relying on their big clients, the case of the suspected unit bribery of the joint venture is a great risk.