Gao Qingchang Falls Behind The Matter: Has Not Yet Fulfilled The $10 Million Sealing Agreement

On the morning of May 23rd, list Only two days of Wanchang technology [20.15 -8.12% shares] (002581, SZ), its chairman, Gao Qingchang, fell from her apartment and died 68 years old. In May 24th, reporters rushed to Zibo, Shandong to investigate Gao Qingchang's fall. On the 24 day, the Finance Office of the city announced that the public security organs had ruled out homicide. Wanchang technology will convene the board of directors as soon as possible in accordance with the relevant laws and regulations, and elect the new chairman. Zibo finance office said Gao Qing Chang Family members showed severe depression in the long term.

Wanchang technology is the world's leading supplier of vitamin [29.80 and ethylene glycol, Zhejiang new and -1.19% shares. Limited by Share Ltd's main raw material supplier of ethyl formate three is sold to many provinces and cities in China, and exported to more than 20 countries and regions. As of September 2010, Wanchang technology assets amounted to 194 million yuan.

Although the police have ruled out homicide and identified the cause of suicide, Ai Qunce, who has been reporting Gao Qingchang's tunneling of Wanchang shares, believes that there will be no depression. In an interview, AI Qun said that he had reservations about the conclusions issued by the local government and was also on his way to Zibo, Shandong.

The reporter recently obtained an exclusive signature and fingerprint from Gao Qingchang. Agreement Book. In this seemingly ordinary loan agreement, the loan of 10 million yuan is attracting attention.

[live visit]

Gao Qingchang fell from the 23 floor.

Lu Xin Garden is located in the core area of the central business district and the central living area of Zibo, Shandong. On the afternoon of May 24th, the reporter came to Gao Qingchang's falling building. A police car stopped just below the building 1.

"It fell from the 23 floor about 70 meters high. The security guard in our district found Gao Qingchang falling down at 3 o'clock in the morning at 23 a.m., and then immediately called the police. The residential property company official said.

Lu Xin garden area is small, only more than 80 thousand square meters, there are 3 high-rise buildings with 20 multi-storey buildings, and Gao Qing Chang lives in the 2303 room of Building 1, which has an area of more than 200 square meters.

According to the property company's relevant personages, Gao Qingchang died on the spot after falling down, and he was not sent to the hospital for rescue. On the 23 day, local police officers investigated in the district for a whole day, and they entered the 1 floor 23 floors to wear shoes.

"It fell from the bathroom window. The windows of other rooms are too small." The above property company staff said.

Reporters at the scene found that the No. 1 building is the Sales Department of the [13.82 -0.07% shares of China Merchants Bank. Gao Qingchang dropped 4 of the central air-conditioning machines outside the building, and the top of one of them had been compressed and deformed, resulting in damage caused by the impact. According to the staff of the property company, Gao Qingchang hit the air conditioner outside the building when he fell down.

Reporters entered the 23 floor of Building 1, and 2303 of the rooms were locked. The reporter knocked on the door of Gao Qingchang's neighbor's house. According to one of his neighbors, Gao Qingchang just moved in after the Spring Festival, and always stayed with his wife. On the evening of 22 and 23 in the morning, Gao Qingchang's house was quiet and did not hear much movement. After the incident, police officers also informed the neighbor about the situation.

According to the introduction of residential security, the area was patrolled 24 hours, three shifts, usually very strict management, when reporters entered the district that day, security also asked why.

Reporters in the community square to residents understand the situation, most residents do not know this. An old lady told reporters that Gao Qingchang usually stayed with his wife. Gao Qingchang's wife was not at home that night. He went to Linzi, Shandong. Only Gao Qingchang was at home alone.

During the interview, the reporter learned that Gao Qingchang's son and daughter-in-law also lived in the 2103 room on the 21 floor of the same building in the same district. So the reporter came to the 21 floor, but when the reporter knocked on the front door of the 2103 room for the first time, a middle-aged man opened the door and said, "this is not his home. You are wrong." Then close the door. When the reporter opened the gate for the second time, another bald man said after opening the door, "we do not receive you now" and then shut the gate.

Yesterday, reporters visited the Wanchang Technology Park in Chaoyang Road, Zhangdian District, Zibo. The staff of Wanchang technology have learned the news of the chairman falling down, but "the leader said," nothing can be said, "they said.

When the reporter tried to enter the park interview, he was stopped by the factory gate guard. The doorman said that several media reporters had been stopped since the morning because "leaders are not here, they are busy and are meeting". However, reporters saw several cars on the square in front of Wanchang science and technology office building.

"I can only tell you that Gao (Gao Qingchang) is very vigorous and vigorous." Wanchang technology doorman told reporters. {page_break}

[ Suspense unsolved

Unfulfilled 10 million yuan loan agreement

In May 20, 2011, Wanchang technology [20.15 -8.12% stock] landed in Shenzhen's small and medium-sized board, and the second trading day was trading. Wanchang technology listing is only two days. Why did chairman Gao Qingchang leave hundreds of millions of relatives and close relatives to commit suicide? What is the secret behind it? The reporter recently obtained an exclusive agreement with Gao Qingchang's signature and fingerprint.

In May 20th, on the day when Wanchang technology was officially listed, AI Qun, the personal shareholder of Wanchang, Shandong Wanchang technology related company, sent an agreement with Gao Qingchang's signature and handprint to reporters. The signatories to the agreement are Gao Qingchang and AI Qun. In the agreement, the two sides agreed to lend Gao Qingchang 10 million yuan to AI Qun, and AI Qun decided to pledge the 2 million shares of the biotic Valley company. The date of signing the agreement is May 18, 2011. The two sides agreed to sign 3 days after signing Gao Qingchang's money into the designated account of AI Qun CE. The term of loan is 3 years after the signing of the agreement.

In this seemingly ordinary loan agreement, the loan amount of 10 million yuan is attracting attention.

After Gao Qingchang's death, there was speculation that "Gao Qingchang decided to go to Qingdao on the 23 day to complete the loan guarantee of 10 million yuan. It should be a stakeholder behind the high side that has prevented Gao.

According to the reporter's information, the 10 million yuan should refer to the loan involved in the above agreement. In accordance with the date of payment agreed by both parties, excluding weekend rest days should be exactly May 23rd.

When reporters asked about the loan issue yesterday afternoon to the other side of the agreement, AI Qun policy, he told reporters that the 10 million yuan did not arrive. The agreement was signed in the name of Gao Qingchang, but is now dead. They are ready to go to Gao Qingchang's legal successor to continue the agreement after holding the shareholders' meeting.

Ai Qunce told reporters that when the two sides negotiated the matter, they provided an agreement, but after seeing Gao Qingchang, he called him and said, "I don't understand." Later, Gao Qingchang issued the current agreement, and Gao also made a phone call to ensure that "Hua Guan shares and Wanchang shares can be discussed."

This oral guarantee is also reflected in the agreement. The agreement said, "the two sides agree to discuss cooperation within 36 months from the date of signing the agreement, and discuss the possibility of equity transfer, stock swap and merger" without prejudice to the interests of the third parties.

In addition, it is noteworthy that this agreement is not only a guarantee for cooperation between the two sides, but also a "sealing agreement". The reporter saw in the above agreement that one of the two commitments was written in this article: "Party B (Ai Qunce) guarantees that it will not make any adverse impact on the listing of Wanchang technology in the future, and that it will not use the media, network, do not stir up others or otherwise disseminate remarks against Party A (Gao Qingchang) or Wanchang technology, which will damage the reputation and image of Zibo and Wanchang technology."

This "seal agreement" is not groundless. Before Wanchang technology listed, the company has been questioned by several domestic media, including the investigation of the relationship between He Wanchang and technology of Wanchang, Shandong. In fact, the common points of the two enterprises include the word "Wanchang" in addition to their names, and the chairman is also Gao Qing Chang. {page_break}

Behind the scenes

Wanchang technology [20.15 -8.12% shares] and Wanchang's share of gratitude and resentment

Speaking of Gao Qingchang and Wanchang science and technology, the introduction of official information is mostly based on the establishment of Wanchang's predecessor in 2000. But in fact, the reporter found that Gao Qingchang's story had already started from Wanchang shares in Shandong.

Shandong Wanchang shares, formerly known as Linzi petrochemical machinery plant in Zibo, was founded in 1988. Gao Qingchang was the director of Linzi petrochemical machinery plant. Linzi petrochemical machinery plant has been renamed Shandong Wanchang shares after several times of restructuring. In May 1997, Shandong Wanchang share holding company was listed on the Zibo quotation system. In June 1998, in accordance with the regulations of the State Council on cleaning up OTC trading, the Zibo quotation system was banned, and the shares of Shandong Wanchang stock stopped trading, and then merged into the Hua Guan shares of Shandong under the impetus of the local government.

Shandong Hua Guan shares were called "the first stock of Laiwu" in those days, compared with the Shandong Wanchang share that was absorbed and merged, it seemed to have no characteristics. After the merger, Wanchang shares in Shandong became the Hua Guan Wanchang branch of Shandong, when Gao Qingchang was the person in charge of the branch.

Full of drama is that in 1999 and 2001, Shandong Hua Guan shares two times, but two times were reported to be suspected of making false accounts not listed. Informed sources suspect that the person who reported Hua Guan shares in Shandong was Gao Qingchang, but failed to confirm that. Hua Guan's shares, which had not been passed, entered the bankruptcy proceedings in late 2004, and for various reasons, the reorganization has not been completed so far.

The unconsolidated merger eventually collapsed. In March 9, 2004, the people's Court of Linzi District of Zibo decided that the civil act of Hua Guan's shares and the Wanchang share of Shandong was invalid, and requested the Shandong Hua Guan stock to resume the legal person qualification of Shandong Wanchang stock after the judgment came into effect.

But it is worth mentioning that, as early as the merger period, Gao Qingchang, chairman of Wanchang shares, has already started other plans. In 2000, Wanchang was established as the predecessor of Wanchang technology, and the patent application from Wanchang to the State Intellectual Property Office was put forward on August 2000 24. The patent is used to produce hydrogen peroxide from the acrylonitrile plant to produce three Ethyl Formic acid. This patent has become the core technology of Wanchang technology. Wanchang developed the patent in August 25, 2004, the patent inventor was Gao Qingchang, and the patent owner was Wanchang.

In view of the CSRC's examination opinions on "whether the core technology of the company is legally valid for the company, whether there are disputes or potential disputes", the Beijing Municipal Bank of China law firm as a special legal adviser to Zibo Wanchang technology's first public offering and listing project replied that "Wanchang shares in Shandong did not invest in R & D on the production technology of the three ethyl ester of formic acid using acrylonitrile plant waste gas, and did not make arrangements for R & D personnel and R & D plans. During the development of Wanchang, in addition to recruiting a few production and management personnel from Wanchang, Shandong, the core technicians and other key management personnel were recruited to the society, not from Wanchang share in Shandong.

The strange thing is that although the lawyer replied that the patent had nothing to do with Wanchang's shares, Gao Qing Chang was chairman of Wanchang shares and indirectly held about 11% of Wanchang's shares. Over the next few years, Wanchang technology has grown stronger and finally listed successfully, while Wanchang's annual net profit in 2007~2009 has only been maintained at less than ten million yuan.

Before Wanchang technology was listed, AI Qun, a shareholder of Shandong Wanchang shares, reported to the securities and Futures Commission that Gao Qingchang was suspected of emptying Wanchang's assets and transferred it to Wanchang technology and concealed the operating performance of Wanchang's shares, which lasted for 6 years without shareholder meetings. AI Qun CE also told the daily economic news reporter about this situation.

After this, through communication, in May 18th, Gao Qingchang and AI Qun sent the staff to sign the relevant agreements in Qingdao, and reached a cooperation intention.

In an interview yesterday, AI Qun said that he and Gao Qingchang were entrepreneurs. Gao Qingchang was a "tough, unscrupulous, and repentant" man. He had gone through a lot of ups and downs in the process of starting a business. He would not have depression, nor would he commit depression after the successful listing of Wanchang technology.

However, he believed that Gao Qingchang's death had nothing to do with the 10 million yuan loan agreement, because he initiated the action of Gao Qingchang Tao Kongwan Chang share, which started very early, with the aim of obtaining the opportunity to talk with Gao Qingchang and make the capital verification for Wanchang shares. AI Qun said he found Gao Qingchang in 2011, and pledged to use the 2 million shares of the Biovalley Limited by Share Ltd of Wuhan (Limited by Share Ltd), borrowing 10 million yuan from him. According to his introduction, Gao Qingchang was very happy at that time. "Just like using land for peace, he solved his worries in such a way".

Gao Qingchang

Gao Qingchang, chairman of Wanchang technology, is 68 years old. His family history is hardly known. According to information available, since 1976, Gao Qing Chang has served as factory director in Linzi acid factory, Linzi embroidery factory, Linzi District Huangcheng Economic Commission, Linzi petrochemical machinery plant and so on. Subsequently joined Wanchang group, and worked in Shandong Wanchang stock and Wanchang group.

"The temperament is still more straightforward, and I like to study technology", a person familiar with him commented in real name micro-blog.

After 1991, Wanchang group was awarded the honorary title of "City Star Township Enterprise", "first grade credit enterprise" and "provincial contract and trustworthy enterprise". Gao Qingchang also won the honorary title of "outstanding township entrepreneurs". In 1992, joint-stock system was restructured, and Gao Qingchang joined the Hongkong Hui Dexing joint venture to set up Zibo Hui Dexing Petrochemical Machinery Co., Ltd., in 1994, the output value was 40 million 620 thousand yuan, and the profits tax was 4 million 952 thousand yuan.

Zibo industry and Commerce Bureau inquiry information shows that in September 1999, Zibo Wanchang Group Co., Ltd., Gao Qingchang was the legal representative. By 2004, Wanchang group achieved sales revenue of 370 million yuan, profits and taxes of 83 million 570 thousand yuan, and profits of 32 million yuan. During the board of directors, Gao Qingchang was directly responsible for the selection of scientific research personnel and company's science and technology projects. The Shandong science and Technology Bureau of Zibo, which was held by reporters in 2005, "science and technology problems and talent demand compendium" showed that Gao Qingchang was directly responsible for Wanchang group's recruitment of medical talents and the development project of raw materials. At present, Wanchang technology is listed in January 18, 2000, with a registered capital of 81 million 200 thousand yuan. Prior to this, Gao Qingchang still controlled Wanchang group, Wanchang shares and other 4 enterprises.