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    From Foreign Trade To Textile Reintegration Whirlpool "Tang Long" Missing Case

    2010/5/29 13:56:00 17

    TextileForeign TradeTang Long

      從外貿起家到轉戰實業,那個思路開闊、作風果敢的黃國強和那個賭性深重、不肯及早低頭直面災難的黃國強,正是同一人。


    As early as two years ago, there were many similar Jiang Long printing and dyeing failures with the development of Tang Long knitting and weaving group in Zhejiang, followed by Jiang Long boss Tao Shoulong missing.

    Huang Guoqiang once spoke in a television interview.

    No one had thought that the same fate would come to him after two years, and Huang Guoqiang suddenly disappeared.


    From 0:00 a.m. on May 4th, the Management Committee of the sub urban development zone of Shaoxing, Zhejiang, where the Tang Long textile needle group was located, decided that all the things signed by the owner of Tang Long Yuan, including alteration, payment, cargo pportation, renovation project and contract performance, were temporarily frozen.

    It is reported that the government's in-depth investigation of the incident is continuing, and now that Huang Guoqiang has "lost contact", but "did not identify escape."


    Once upon a time, "Shuanglong" was an idolatry idol learned by many foreign trade enterprises in Shaoxing, but they all ended in tragedy.

    Many eyes from local governments, business circles and media circles have been betting on this place in Shaoxing. We are all trying to solve some answers rather than a simple question: what has happened to "Tang Long" in the past year? Why is such a big enterprise going down to such a situation in just one year after listing? Where will its fate come next?


    Be heavily in debt


    Earlier, a person who had had quite a few contacts with Huang Guoqiang recalled that he had gone to Huang Guoqiang's office for a few days before missing, and heard Huang Guoqiang busy making phone calls to borrow money from various banks.

    At that time, he felt a sense of uneasiness, but did not expect such an accident.


    In fact, long before that, unwilling to "sit back and wait" in pessimism, Huang Guoqiang has begun to "extend his hand" frequently.

    Perhaps in Huang Guoqiang's eyes, these losses, like the great difficulties that happen every year, will always be the way to go.

    In 2007, "Tang Long" has more than 10 subsidiaries.

    In those days, Huang Guoqiang bought businesses in Brazil and South Africa respectively.

    In 2009, Huang Guoqiang's actual control of the Tang long needle spinning was successfully listed in Australia, raising 68 million yuan.

    When a person thinks he is still at home and enjoys the excitement of success, it is hard for him to believe that there are still hardships that he can not overcome.

    Over the years, he has become accustomed to solving all kinds of risks and problems that he can not imagine.

    In fact, behind these brilliant things is the debt of "Tang Long" and Japanese drama.


    It is reported that "Tang Long" has at least 300 million yuan or more of the "hole", some of these funds are bank loans, some private lending, involving a total of at least 300 million yuan of funds.


    "The most miserable thing is private lending. Many money is borrowed from several hands. There are many people in the middle and many people involved. The private lending industry in Shaoxing is going to have an earthquake."

    The people concerned are so worried.

    What is most urgent now is those who lend money to Huang Guoqiang.

    Among them are Huang's relatives and friends.

    A creditor told reporters that relatives and friends, Huang Guoqiang almost borrowed, a huge amount.

    It is understood that Huang Guoqiang has many properties.

    He first borrowed money from the private sector, bought a house, then mortgaged it to the bank, thereby realizing "money generating money".


    A person familiar with the matter said that before "May 1", Huang Guoqiang had a 3 million 500 thousand yuan bank loan maturing, but it was unable to raise funds for a while. This became the "last straw" of Huang Guoqiang's collapse.

    The company started from Huang Guoqiang, and it can be said to have developed rapidly.

    Then, in order to speed up the expansion form, and do not do a good job of risk assessment, finally faced with enterprise capital chain breaking.


    At present, a number of well-known local enterprises such as the central construction group, which have secured loans for Huang Guoqiang, remain silent, unwilling to disclose specific amounts and details.

    It is understood that at present, these debts are being registered and confirmed, and they need to be dealt with after the whole investigation.


    Blind expansion


    Two years ago, Huang Guoqiang once evaluated Jiang Long's incident: "it is a warning to Shaoxing's textile industry."

    The reason why Jiang long went bankrupt was that the boss of the company was hot headed and blind, and thought that if he had enough money, he could buy other companies and become his own industrial chain.


    Obviously, Huang Guoqiang finally did not expect that he had taken this step too.

    What role did Huang Guoqiang play in the collapse? Could Tang Long not enter "hell"?


    When he learned about the loss, Huang Guoqiang was still imagining that he could summon the "White Knight", but it turned out that it was Huang Guoqiang's wishful thinking.

    As a matter of fact, the development of the incident was no longer within his control from the day when he called the phone several days before he disappeared.


    During this time, Huang Guoqiang's work was focused on lobbying. He kept the outside world firmly convinced that Tang Long would not abandon these debts and would not leave those creditors and run away.

    People close to Huang Guoqiang revealed that Huang Guoqiang also likes to keep up appearances.

    His usual practice is to drive the luxury cars to the bank governors, show the buildings they have built and show generosity to them, all of which make banks feel relieved and get loans from banks.

    In the next second years, we should try to get loans from another bank by way of mortgage, and first repay the interest of the loan of the former bank in order to help them continue to get loans.

    In this way, we can go all the way to make ends meet until we can not support it.


    Therefore, his self rescue policy is that when he can't earn money, he can only go down the profit or even lose the profit route.


    A person familiar with Huang Guoqiang disclosed that Huang Guoqiang had entered the photovoltaic industry, iron ore and other industries.

    In 2008, Huang Guoqiang signed a contract with Jiangxi Xinyu economic development zone and invested 700 million yuan to build a new solar cell module production base.

    He had seen a contract for the sale of iron ore signed by Huang Guoqiang.

    On this contract, Huang bought at a price of more than 10 thousand yuan per ton, and shipped at a price increase of more than 100 yuan, with a very low profit per ton.


    But soon, Huang Guoqiang, who had always been independent, began to feel helpless.

    Obviously, these pactions are very beautiful on the surface, but they are actually empty shells. There is no core technology.


    According to the information obtained from the relevant channels, besides Huang Guoqiang, there is also a main role of Huang Guoqiang's wife, Wang Yu Li.

    The Shaoxing State Taxation Bureau, as early as 2007, conducted a tax check on "Tang Long". It was discovered that Wang Youli, the then general manager of Tang Long spinning and weaving, occupied bank loans for the company's irrelevant investment behavior and obtained interest of 64 yuan.

    This shows that there are some problems with the employment of Tang long.

    However, what is most impressive is that this kind of misuse of funds and not within the scope of the company's behavior is endless.

    According to sources, Huang Guoqiang himself maintains a relatively luxurious life in his daily life, and the expenditure is usually very large.


    This is also a torture for Huang Guoqiang's creditors. The relationship between debt laden Huang Guoqiang and these creditors has been pushed to an extremely delicate level. It is hard to say that it is not on a ship.


    After experiencing such events as "Jiang long" and "Hualian three Xin", the response and measures taken by all levels of government departments in Shaoxing to deal with such incidents have been greatly strengthened.

    After analysis, the government thinks that due to blind expansion, poor management and insufficient liquidity, Tang Long has affected the normal operation of enterprises.

    The head of the local government said that from any point of view, Huang Guoqiang was expected to return.

    The company that guarantees his company is also a large enterprise in the region, and has great strength.

    Huang Guoqiang has come back. As long as we work hard, there is still hope. "


    A video posted on the website of Tang Long company shows that when Jiang long went bankrupt and the boss absconded, Huang Guoqiang, who was also a foreign businessman, once commented that this is the consequence of blind expansion.


    In the second half of 2009, Tang Long held a ceremonious "Shishi" ceremony at the door of the company to provide a boost for the company's business.

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