Leading Enterprises In The Dairy Industry Owe Hundreds Of Millions Of &Nbsp; Anhui'S Baishi Love Suddenly Stops.

Reporters yesterday (April 27th) from the Hefei municipal Party Committee Propaganda Department, Anhui Baishi Love Food Co., Ltd. (hereinafter referred to as Baishi love) chairman Ding Shuqin recently surrendered to the police, asked the public security organs according to the law whether it is suspected of crimes.

It is understood that Baishi Anhui Love Food Co., Ltd. is a professional dairy, protein drinks, fruit juice beverage R & D, production and sales of large-scale agricultural industrialization of food production enterprises.

And the sudden shutdown of Baishi love is the cause.

It is worth noting that, as a dairy company, there is another identity in Baishi's love affair, which is the winner of the April 1st National Dairy policy.

The chairman threw himself into the court.

It is reported that on April 23, 2011 at 3 o'clock in the afternoon, Ding Shuqin, chairman of Anhui Baishi Love Food Co., Ltd. and Anhui Baishi love animal husbandry science and Technology Co., Ltd., took the initiative to report to the public security organ of Hefei Yaohai District, and asked the public security organs to be suspected of being suspected according to law.

At present, according to the principle of territorial jurisdiction, the police in Changfeng County of Hefei have dispatched personnel to examine the business activities of Ding Shuqin according to the request of the company, and protect the company's property and personal safety according to law.

"Enterprise

"Leading enterprises" owe hundreds of millions of debts.

Changfeng County Commission of agriculture official website information shows that Anhui Baishi Love Food Co., Ltd. was established in 2003. In 2006, it purchased land in Shuangfeng Economic Development Zone, Hefei, and invested in the project of "annual output of 60 thousand tons of dairy products and series of beverage development and production bases". It introduced several first-class domestic dairy products and beverage automatic production lines, and built 3 multi-storey modern standard factory buildings, administrative office buildings and comprehensive service buildings with a total area of over more than 30000 square meters.

The company has registered capital of 20 million yuan, more than 280 employees, and assets of about 132 million yuan.

In 2010, its sales revenue was 188 million 510 thousand yuan.

In addition, in November 2008, the company was appraised by the Hefei Municipal People's government and the Hefei branch of the people's Bank of China as "the third batch of high-quality small and medium-sized enterprises in Hefei". 2009, in 2010, it was awarded the leading enterprise of agricultural industrialization in Hefei for two consecutive years, and was also named "the leading enterprise of agricultural industrialization in Anhui province" in 2010.

So what led to the closing of the dairy business overnight?

According to the Anhui business daily, the breakup of the capital chain of Baishi's love affair has triggered numerous collectors' debt collectives, and the sudden collapse of enterprises may be closely related to business routes, financing methods and industrial policies.

Reported that Baishi love rapid expansion, multiple sites.

However, enterprises have always had the problem of financing difficulties, but in desperation, they often seek help from usury.

Usury also depleted the profits of enterprises. By the time the crisis broke out, enterprises had already owed about 400 million yuan of foreign debt, a large part of them were usury.

The students who failed in the "big test" of dairy industry

In April 2nd, the State Quality Inspection Administration (QSIQ) announced the result of the application of the national dairy enterprises to reexamine the production license, and nearly half of the 1176 dairy products in the country had not been audited.

Information released by Anhui Provincial Quality Supervision Bureau on April 1st showed that the 8 Anhui enterprises, including Baishi love, failed to pass the retrial.

"Do not rule out (stop production) related to the new dairy policy."

Deng Fazhi, Vice Minister of Propaganda Department of Changfeng county Party committee, said.

However, Baishi's love is mainly milk and beverage, and only a small part of pure milk.

"The new dairy policy is directed at liquid milk, milk powder, infant formula and other dairy products that contain more than 70% milk, and does not include milk drinks."

Dairy expert Wang Dingmian said.

In April 13th, people's network reported that Ding Shuqin said in a business visit: "this time, when the national dairy products license was re approved, it did not arrive at the first bus because of the fact that the Baishi love ranch was being built. Therefore, we were misunderstood by many citizens to" stop the production ".

Unexpectedly, only half a month later, the company suddenly ceased production.