Express cces funds broken anxious to find a person: or 10 days of failure

Core tip: Financial tight cces life, China Express Industry Consulting Network chief consultant Xu said, if no one within 10 days, CCEs will collapse. Zhu Jonghua Shanghai reported on the side of the business plan listing, while interviewing investment buyers.　　The protagonist of this story is China's top ten companies in the express industry-Shanghai Chiaise Express Co., Ltd. (hereinafter referred to as "CCES"), and if there is no new buyers, it will be China's courier industry after the collapse of the second star in the collapsed after the first company. June 29, suddenly cces National Service hotline has been in the "insufficient balance" downtime.　　In fact, CCEs Shanghai headquarters staff due to debt disputes caused by the contradictions, the network temporarily paralyzed, and its acquirer of the original Courier Express Guangdong general manager Jiangxiaogen suddenly back, publicly thrown cces debt amounted to 170 million yuan news. "CCEs will not fail and is looking for new investors. "June 29, Zhejiang Yuan Tai Holding Group Co., Ltd. (hereinafter referred to as" Yuan Tai Group ") and CCEs chairman Fangri Yuan exclusive to accept this reporter said, as early as this June has signed a contract with Jiangxiaogen, Jiangxiaogen individuals with 200 million of funds into and holding cces," but after 20 million,　　Jiangxiaogen began to regret. "　　At present, the capital tight cces life hangs a line, China Express Industry Consulting Network chief consultant Xu said, if no one in 10 days, cces will collapse. Buyers back to "cces the company's real funding is more difficult, these two days temporarily unable to operate."　　"Fang Yuan to this reporter said, on the one hand, CCEs is still in the investment stage, and its investment is far greater than profit, funds in a tense state."　　On the other hand, CCEs holding company Yuan Tai Group operating real estate, currently the entire real estate industry recession, Yuan Tai group due to financial constraints can no longer invest in cces. Fang Liyuan introduced, cces a few months ago began to look for new investors, "finally confirmed that the original Huitong Express Guangdong general Manager Jiangxiaogen Personal 200 million yuan, and holding cces."　　"Fang Liyuan said that the strategic stake in the acquisition talks for a longer period of time to negotiate is the original transfer of the President Xu Jianrong, the final signing is Xu Jianrong brother-in-law Jiangxiaogen. Fang Liyuan to this reporter to show the "work Handover Memo" shows, Fang Yuan chairman, Jiangxiaogen General Manager and many other people to negotiate, the parties on the cooperation and investment cces reached an intention, clear cooperation agreement and IPO matters, June 17, 2012, the parties signed the "CCEs Reorganization Business Plan Letter of Intent",　　and clarified the framework of cooperation, the document shows Fang Yuan, Jiangxiaogen and other people's signature. "The acquisition has been completed and I have moved out of the office of the headquarters building." Fang Yuan to this reporter said, Jiangxiaogen and other people have moved into the company building, and the company all accounts and accounts have (as of May 31, 2012) conducted a systematic comb, both sides after the acquisition of the work is underway.　　However, at this time investor Jiangxiaogen said to withdraw from the acquisition and openly denied the acquisition: "has been invested in personal name of 30 million yuan to take over cces, but only to reach an agreement of intent, the formal agreement has not been signed."　　"The CCES system has a debt of up to $170 million, while Fang Liyuan says CCEs debt is only more than 40 million." "170 million dollars in debt, that's nonsense. Fang Yuan to this reporter said, this is a very irresponsible remark, the acquisition agreement for Jiangxiaogen Investment 200 million yuan, but in fact he invested 20 million of the cost of some shuttle bus began to go back, no longer invest in new funds, "Jiangxiaogen want to speculate, with 20 million to pick up the wallet son," How could this be? "Trapped industry expansion CCES, formerly known as the East Prudential Express Company, founded in 2003."　　Xu said, at that time the express Company's gross margin once reached 20%, but the express development of the "golden period" soon past, domestic express companies springing up, with petrol, human and other costs of the rise, express company into the melee situation, the profit space is getting smaller. 2007, Yuan Tai Group Chairman Fang Liyuan to purchase the imminent collapse of the East Prudential Express Company, and the company changed its name to CCEs. "The acquisition took only millions of.　　Fang Liyuan said that in order to run the courier company, he stepped up the construction of investment companies, while the other hand actively looking for partners to seek funds. Fang Liyuan said that in 2010 CCEs had been invested by private-equity companies. At that time, CCEs Executive Vice President Hou Chinming to the outside world, the company's national Sorting center belong to join system, not entirely belong to the cces, and distribution center scale is too small, mechanization degree is not high, to let CCEs this later can live on, still need a lot of input, "　　The company needs 600 million to 700 million yuan to complete the National Sorting center expansion and the Beijing-Guangzhou-Shanghai Three Direct battalion incorporation. "In the past five years, we have invested a total of $200 million to cces." "Fang Liyuan said.　　The company's official website shows that June 9 this year, the company's 2 sorting center in the region's main operation, May 12, the company Zhabei Hongkou Sorting Center officially operational, April 8, the company YANGPU Sorting Center officially operating ... "Express delivery company daily delivery more than 350,000 to profitability, which forced many express companies have to expand the laying of outlets to scale and volume to win."　　"China Express Advisory Network chief analyst Xu to this reporter said," some to reach the above-mentioned volume of express enterprises, its gross profit is only 3% to 5% ". Although CCEs continues to expand, its daily volume is still in 350,000 "profit and loss point" under. Fang Liyuan in the 2012 annual meeting of the Company: "2012, cces to 300,000 pieces per day on the basis of the three major distribution after the East China will strive to achieve the goal of breaking 500,000, continue to maintain the National Express network position." In fact, CCEs has been at a loss. Xu said that at present itsThe daily traffic volume is only 20多万件. Life hangs 10 days financing "lacks the technical talented person, is the cces short board."　　"Express industry insiders to the reporter revealed that Fang Yuan on the brink of the demise of the East Express, the company has only about 100 employees, and now its headquarters and all over the investment staff up to (all do not include franchisee) thousand," 5 years, under the competition of the express industry, CCES personnel expansion 10 times times. " The above people introduced, Fang Yuan for people low-key style diligent, "but in these years, he dug to the professional talent is less, had to from the original real estate company call personnel, of course, now five years of development, but also cultivate a lot of people, but still lack of core courier talent." "CCEs's life hangs in the first line: The capital break is anxious to seek a person" cces the second big problem is that its business structure is not very reasonable.　　These people said that at present, "four Tong one Tatsu" express delivery company's goods are mainly 5 kg, and cces shipping goods mainly in the 5 to 8 kg, which directly led to its transport costs floating, profit space reduction. The biggest problem is the money problem, "money can hire talent, improve technology, and gradually solve the business structure."　　said the person. On February 19, 2012, cces a high-profile relocation of its corporate headquarters from Minhang to Qingpu.　　People familiar with the matter said: "The headquarters of 50 mu of land for cces purchase, costing about 70 million or 80 million yuan."　　If there are no new buyers, Xu says, within 10 days cces may be closed, because the cces is to take the franchisee mode, the company's network once there are problems, these franchisee will be with express business transfer to other express companies, and now has joined the franchisee began to transfer to other express companies. Fang Liyuan said he is currently looking for new investors in Zhejiang.