Hai Xin Group was exposed to the management of loopholes large weighing 15 days to earn 620,000

2008-2010 years of other steel companies are making money, Haixin group has been losing money in March 2014, Haixin Steel Group Co., Ltd. (hereinafter referred to Haixin Group) production line. In Shanxi Yuncheng city, Hai Xin Group is important, known as "Million MU steel mills." August 2013, Hai Xin Group was named "Chinese private enterprises 500 Strong", Shanxi province is the only row top 200 private enterprises. and 7 months later-staff owed 5 months wages, raw material inventory is basically zero, turnover more than 2000 people, all kinds of arrears, loans more than tens of billions of dollars ... Once "the annual total revenue of more than tens of billions" of the Haixin group will go into the desperate? One year to build a new factory Hai Xin Group is located in the Qin, Shanxi, Henan province at the junction of the three provinces of Yuncheng Wenxi, founder of Li Haicang, has been vice chairman of China National Federation of Commerce, the CPPCC ninth member. Insider told "Outlook Oriental Weekly", in the early 80, Li Haicang, Li Tianchang (Li Haicang eldest brother), Sincunghai, Hou Cloud 4 people, respectively, contributed more than 5,000 yuan, partnership business. 1987, Li Haicang invested more than 200,000 yuan, and to 4 people jointly to credit cooperatives 100,000 yuan, with a local state-owned enterprises "Wenxi White Cement Plant" built a joint coking plant. After, in 1988-1991 years, Li Haicang and Sanmenxia locomotive depot, Yuncheng car section, Luoyang Railway branch and other units jointly set up a coking plant and a coal washery. At the beginning of 1992, Li Haicang already had 4 coking plants with a total production capacity of 260,000 tonnes. 1992, Li Haicang into the steel industry. In October, Li Haicang signed cooperation agreement with Hunan Metallurgical Department, Henan Metallurgical Department and Shanghai Metallurgical department, and established Shanxi Haixin Iron and Steel Co., Ltd. Li Haicang Investment 54 million yuan, three metallurgy Hall each contribution 10 million yuan. 1993 Plant, April 1994 production. At the end of 2002, Shanxi Haixin Iron and Steel Co., Ltd. total assets of 4.036 billion yuan, of which the current assets of 1.563 billion yuan, fixed assets of 2.177 billion yuan, the total liabilities of 1.606 billion yuan, of which the current liabilities of 1.027 billion yuan, long-term liabilities 576 million yuan, the asset-liability ratio of 39.28%. Since the establishment of the first coking plant, Li Haicang is almost a new factory in a year's speed, in the loess construction covers an area of 3.6 square kilometers of steel empire-three iron coking plant, Haixin Steel Co., Ltd., Haixin Investment Co., Ltd., Haixin Steel Rolling Co., Ltd., Haixin International Steel Co., Haixin real estate development Haixin Xin Public Cement Co., Ltd. 7 independent corporate Enterprises, a total of 14 factories, 7,500 employees. January 22, 2003, Li Haicang in the office by the village of Nan Jie Cun villagers Feng Yenliang with homemade shotgun shot, murderer after committing suicide. After the investigation of the case, the police announced: Feng Yenliang repeatedly to the land he had subcontracted to the Haixin group, and extortion, for refusing to commit murder. After the death of Li Haicang, Hai Xin Group has become the focus of public opinion, there are media reports: Lees Brothers A total of 6 people, Li Haicang ranked third, their five younger brotherLi Tianhu as general manager, family shares accounted for more than 90%. Wenxi County revenue has one-third from the Haixin group, in addition, 7,500 employees and their families to the Haixin group as a dependent. Therefore, who will be the helm of the group, the local attention is a major event. February 18, 2003, the 28th day after the death of Li Haicang, his son Li Chaohai took over the chairmanship and undertook all the assets. General Manager Li Tianhu, Executive vice Chairman Sincunghai continue to retain positions, assisted Li Chaohai. Li Chaohai into the Sea Xin Group, Management frequently change: 2004, Li Tianhu in a cement plant after leaving; soon, Sincunghai left the Haixin group to Guangxi to do business. Then, Li Chaohai's six uncle Li Wenjie as Hai Xin Group president. 2013, Li Wenjie left Wenxi County to Shaanxi Hanzhong to do mineral and real estate business ... "The original Li Tianhu tube, Sincunghai tube outside, are gone." "said the insider. What's the debt? After the Spring Festival of 2014, there has been news of the Haixin group: The broken capital chain, deep debt crisis, exposure of 15 billion ~200 billion; How much is Hai Xin group's debt? "Debt at least more than 10 billion yuan, of which, the bank debt of more than 5 billion yuan, customer arrears of more than 4 billion yuan; At present, the Haixin group of land, plant, equipment and so on add up about 8 billion or 9 billion yuan. "Insiders told our correspondent," Haixin group only equipment has more than 100 creditors, the Ministry of Raw materials more creditors, even with steel debt can not be fully cashed. "Haixin Group's creditors feel a bit panicky, Wang Weijia (alias) is one of them." Wang Weijia has contracted the Sea Xin Group Color Steel Room project, according to him, successively and Hai Xin group played seven or eight years of dealings, Li Haicang was not in arrears when the project money. "Small boss (Li Chaohai) took over and began to armoured, a total of more than 3 million yuan, dragged 5 years." "March 2014 ago, the Haixin group of 6 Shing successively discontinued, which caused the vigilance of the network, the overwhelming information on the internet let him at a loss," said today that the closure, tomorrow said the recovery, the day after the merger, do not know who said is true! "Every morning, Wang Weijia will go to Hai Xin Group factory to see whether to return to the scene, he was a little frustrated-yaozhang, the delivery of the crowd to the Haixin group headquarters building caused the impact of the police arrived." May 18, nearly thousands of workers to the Haixin group's door blocked, for wages. "Li Chaohai" rarely appeared in the factory, said the insider, 2008 to date, Haixin group sustained losses, at most, a year loss over 2 billion yuan. "2008, Hai Xin Group discontinued for half a year, lost nearly 2 billion yuan, and its size, products similar to Shandong Rizhao Steel Company but made more than 1 billion yuan. "A local official said," 2008-2010 years other steel companies are making money, but Haixin group has been losing money. "An official told the newspaper, the Haixin group's management loophole, for example," machine equipment in production was stolen parts. "Production of raw materials procurement this important link has also been a problem," loading only in the Manger 4 cornerPut 4 steel pipe, inside pour good material, the remaining space is filled with unqualified raw material. The official said, "when the raw material test, the delivery man and the laboratory staff in collusion, only 4 corner of the steel tube sampling test." The official said that one of the inspectors had earned 620,000 yuan on a 15-day course. Li Haicang and Li Chaohai to the Hai Xin Group Management way also different. Wang Weijia told our correspondent, Li Haicang often in the factory during the inspection, one night found an old man in the work area to sleep, Li Haicang handed a cigarette said, eldest brother, is not working during the day, pay attention to, we this is a private enterprise, much worry. The old man didn't close his eyes until dawn. "Li Chaohai after the succession, rarely appear in the factory, many workers have not seen him." "Wang Weijia said. Yuncheng An official told this newspaper reporter, 2011, hai Xin Group has shown a bad sign, Yuncheng City Party Committee held a meeting, the party committee secretary said to Li Chaohai at the meeting: "Many times, the provincial leaders think of Hai Xin group to see, but you are not, will not go." At that time, Li Chaohai said that 2012 in the Haixin group stay 200 days, in fact, did not cash. "See Hai Xin Group management is not good, Yun City leading leaders had let Wenxi's leadership contact Li Chaohai, but he didn't answer the phone, then had to send someone to Beijing to find him." An insider said. Despite multiple problems, local governments are still interested in Haixin group. From 2009 onwards, Shanxi Taiyuan Steel and Beijing Shougang in the negotiations to buy haixin iron and Steel, 2014, Hebei dedicated steel group, Metro Steel and other to Wenxi County, consultation and reorganization matters ... None of these acquisitions and restructurings has been achieved so far. It is said that the city mayor has asked the Haixin group when the production, Li Chaohai gave the time is June 10. Yuncheng, Wenxi Two levels of government to the Haixin group of high Concern, "Party committee secretary and the mayor personally deal with this matter, Hai Xin Group fell, implicated in the face too big." "A source said," several large local enterprises to the Haixin group security, one of the so-called national largest metal magnesium enterprises have been affected. "March 11, 2014, Wenxi committee Secretary Zhang Wangyu had a team to the Haixin steel research." April 16, by Yuncheng deputy Mayor Wang Jiamin, deputy mayor Changjianzhong led the Coordination group settled into the Haixin group Sapars. It is said that the coordination Group is composed of the Yuncheng financial Office, the Commission, the People's Bank, the CBRC, the municipal hospital and other functional departments and the resident of the financial institutions in Yuncheng. Media reports, Wang Jiamin the solution to the crisis is: banks and enterprises to strengthen communication and coordination, forming a haixin to cheer the public opinion of the environment, tax, electricity, environmental protection, courts and other units continue to support the development of enterprises, the city and county level of the Government to create a comprehensive environment, to boost corporate confidence, so that employees see Hope; The financial system should give the enterprise the sincere concern, the enterprise should exert the market main body function, activates the endogenous power. Insiders told our correspondent, Yuncheng government also allocated funds, "for the stability of Haixin group staff, to leave the staff recruit back." ”