St Chenghai chairman suspected of debt escape has hired 5 retired special forces to do bodyguards

St Chenghai (market, inquiry) Chairman Bao Chongxian (data map) According to the Southern People Weekly Report, the end of August, the listed company St Chenghai two consecutive external announcements that the Chairman Bao Chongxian to the company's property as collateral for personal loans, listed companies from the "skeleton", causing market concern. Financial profit, the current savings rate increased 1000% according to the information disclosed by the Chinese court network, Bao Chongxian has at least become the defendant in 7 debt dispute cases. Including the Bank of communications (market, inquiry) Wuxi branch, Dongguan Bank Hefei Branch, Everbright Bank (market, inquiry) Zhengzhou Red Road sub-branch, Guangdong Bank Wuxi Branch, ICBC (market, interrogation) Wuxi City South Branch, respectively, the prosecution of Bao Chongxian and its affiliated companies. In addition, in two cases of private loan disputes, Bao Chongxian was also the defendant.　　Over the past year or so, he hired 5 "retired special forces" as bodyguards to prevent the creditors from being entangled. Bao Chongxian has failed several times, in the second half of 1998, Bao Chongxian 45,000 yuan per mu of Low-cost, bought Qingyang Town a 20 acres of industrial land. At this time, has accumulated Bao Chongxian again to friends borrowed 2 million yuan, in the new land on the investment built Chong Hua Mills. Its career began to take off gradually.　　By about 2000 years, the annual business volume of Mills is more than 10 million, and its annual operating income is close to 100 million yuan. After the financial crisis broke out, the real estate industry plunged into a slump, and the acquisition cost of property assets was relatively low. At this time, Bao Chongxian set up a number of investment companies, began a large-scale acquisition of local commercial real estate in Wuxi.　　2010, its successful holding of the listed company Shanghai Seabird Enterprise Development Co., Ltd. (that is, *st seabirds, now renamed St Chenghai), and as Chairman. *st seabirds are just a shell resource, Bao Chongxian to control this shell-listed company with billions of dollars, with the aim of simply listing its assets by restructuring them into the listed company. July 6, *st seabirds will be reorganized in the next 12 months.　　Bao Chongxian intends to subscribe to listed companies under the name of the listing of targeted shares are not advertised inside information. As insider information, Bao Chongxian brother Bao Chongmin in the reorganization announcement before 5th, in Henan to "Yong" and so on 10 securities accounts have bought *st seabird stock 2.49 million shares, the transaction amount of 26.47 million yuan.　　In addition, Bao Chongmin also ordered "business partners" Pandeng and sister, wife Trading shares involved in the amount of 5.38 million yuan. The *st Seabird's stock price rose in the short term, causing the SSE to be alarmed.　　In the end, after six months of investigation by the SFC, Bao Chongmin was arrested in June 2011 on insider trading charges.　　As a result of insider trading in family members, Bao Chongxian hopes that the plan to go public through the *st Sea-bird curve will fail, while Bao Chongxian's friends see the capital strength of Bao itself fragile, and because of the cross mortgage of assets, the failure of the reorganization of *st seabirds, ultimately like "dominoes", has a ripple effect A former middle-class person said that Bao Chongxian's decision team actually hadHe is a person, important positions are more relatives and friends.　　Brother Bao Chongmin as the general manager of Henan Yufeng, two younger uncle yet Wang Jianguang, Wang Jianmin also as an important post, the chief financial officer is his aunt.　　In order to maintain the further development of the company's Henan Yufeng, the Bao Chongxian loan frequency is more frequent after the failure of the recombinant *st seabirds. In April 2012 and July, Henan Yufeng successively invested 570 million yuan in the trust way to the Shaanxi state, and the two-period loan rate was 18% and 16.2% respectively.　　Mortgage-backed assets are 105 sets of business rooms for poly assets, 4 sets of commercial houses for the Lake seal industry, and a 64% stake in Yu Feng Compound Fertilizer Co., Ltd. In order to obtain more expansion funds, Bao Chongxian even without the listed companies allow, privately will *st seabirds many house mortgage, to Jiangyin Minfeng Rural Microfinance Co., Ltd. and other private capital institutions to borrow.　　And in order to make up for the debt black hole, Bao even in July 2012 to Wang Qibo loan usury 50 million yuan, for two weeks, still unauthorized *st seabird property as collateral. Since 2011, domestic real estate is depressed, the performance of *st seabirds is not ideal.　　It is difficult for listed companies to bring profits to abalone, and the property assets under their name are not enough to support the soaring financing cost, and the tight capital chain eventually breaks down and is difficult to bridge. With more and more debt collectors, Bao Chongxian chose to dodge. A local lawyer in Wuxi said Bao Chongxian is rumored to be in South Korea and will not be back for a short time. Qingyang Town, a deputy mayor of the government is also very helpless to say: "Find no one, we have been looking for him for a long time." ”