Lu Liqiang, Chairman Of Zhejiang Steel Structure, Drowned &Nbsp, And Led 470 Million Debt.

I don't understand. From now on, Lu Liqiang's 5 businesses are registered.

Behind the scenery of another company, there is a high debt platform.

In May 20th, the body of Lu Liqiang, a businessman in Zhejiang, was found in Taizhou's Linghai Linghu Park, which made the little town calm.

Lu is one of the largest steel production enterprises in Taizhou, and is the chairman of the Zhejiang Steel Structure Co., Ltd. (hereinafter referred to as "Zhejiang steel structure").

The latest situation shows that the Taizhou municipal government has set up four working groups to clean up the situation behind Lu Liqiang.

What happened behind him: discontinued production and disbanded

Under the auspices of the government, the Zhejiang steel structure held a shareholders' meeting and workers' conference successively in Zhejiang steel structure.

After the meeting, a total of more than 200 employees were discontinued.

"In any case, the wages of the workers have been fixed on next Tuesday."

In May 31st, a group of liquidation personnel told reporters that there were 6 affiliated enterprises in Zhejiang steel structure, and that the staff members of Zhejiang steel structure were at least 200 or more, and wages were basically not released for several months.

After the death of Lu Liqiang, there was a shock to the local community. For stability, four clearing teams were set up to give the aftermath.

On the morning of May 22nd, under the auspices of the government, the Zhejiang steel structure held a shareholder meeting and a staff meeting.

After the meeting, the steel structure in Zhejiang was completely shut down and more than 200 employees were disbanded in situ.

Enterprises stay in the middle for a period of time, cooperate with the investigation.

"Lu has passed away. We haven't paid wages for more than two months. We don't know who to ask."

At noon on May 25th, although some days had passed, some employees were still hanging around the door of the enterprise.

"Before seeing him disappear, he did not see anything different from usual. Sometimes he smiled and greeted us, looking rather calm."

At noon on May 25th, the reporter found that the seal of the people's court in Linghai city was discovered at the gate of the factory building of Pearl Steel Structure Co., Ltd., a steel company in Zhejiang.

As early as May 17th, many employees, including Lu Liqiang's employees, found that his cell phone was shut down and could not be contacted. His family and friends began to look everywhere for his whereabouts and report to the police.

Until May 20th, an angler at Linghai Linghu park found a body on the lake at 3 in the morning.

After receiving the report, the police station rushed to the scene and confirmed that the deceased was Lu Liqiang.

"My relatives went to see a broken rib and blood in the stomach."

Lu Liqiang, a relative who remained behind in the company's settlement work, said.

In his view, Lu Liqiang's death is full of suspense.

However, this argument was denied by the local police.

In May 31st, a public security official told reporters that forensic doctors had done autopsy, and Lu Liqiang died because of drowning.

No obvious mechanical injury and other "poisoning" symptoms were found, and the possibility of homicide was ruled out.

As for the cause of death, the police are still checking up, and the result will be announced by the local government departments.

After Lu Liqiang's death, the capital situation of several enterprises behind him has been dilapidated.

There was a discussion in the local community that the problem of capital may be closely related to the death of Lu Liqiang.

Total borrowings 470 million

Lu Liqiang and his enterprises made loans to financial institutions 270 million yuan, 172 million of private loans, 470 million yuan of total loans, 70 million yuan of external guarantees, involving at least 5 banks.

Lu Liqiang was born in 1964. He was a businessman in the village of Heng Xi village in the field of Tianjin.

To the outside world, Zhejiang steel structure has been involved in shipbuilding industry (yacht) for five or six years, from knitting to computer embroidery, and then to steel structure industry. There are 5 enterprises under it.

The reporter learned from the main business department of Taizhou city that Zhejiang steel structure is one of the largest steel structure manufacturers in Taizhou.

In addition,

"In fact, this enterprise is a family business. It has nothing to do with pearlite group under the pearl light group."

A member of the liquidation team revealed that only Lu Liqiang himself could really clarify the specific financial aspects of the enterprise.

A member of the liquidation team revealed that Lu Liqiang and his enterprises were lending 270 million yuan to financial institutions, 172 million of private loans, 470 million yuan of total loans, and 70 million yuan of external guarantees.

At present, through the liquidation group's debt registration, there are at least 5 banks involved in the bank's rural cooperative bank and Everbright Bank.

The amount of social borrowing is still being counted.

Some financial institutions have quickly started the sequestration of assets after they learned the news of Lu Liqiang's death.

At present, Zhejiang steel structure and related enterprises are sealed up at least 40 million of assets.

A civil code issued by the reporter was (2011) before the sea to defend the word no. fourteenth, and the civil ruling found that the rural credit cooperative association of Zhejiang has already sealed up the Taizhou steel Baoli Knitting Fashion Co., Ltd., the factory building, the right to use the land and the production equipment and raw materials of the factory, the value of which is 2 million 950 thousand yuan.

The Bank of communications Taizhou branch seized the assets of Zhejiang steel structure and its associated Zhejiang Xin Xin Yacht Manufacturing Co., Ltd. and Zhejiang Xin Xin Construction Co., Ltd., with a value of about 38000000.

Where did the money go?

At present, the little sister and brother-in-law who have handled many debts by Lu Liqiang have been unable to get in touch.

"Really don't understand, from now on, Lu Liqiang's 5 enterprises, the registered capital is no more than 50 million, how to make such a big debt?"

A participant in the settlement felt puzzled.

Reporters learned from many officials of the local government that Lu's business performance deteriorated, and the huge debts were mainly caused by poor management.

Moreover, several officials also believe that Lu's debt is even more important because he gambles.

However, Lu Liqiang's "gamble" huge loss theory was firmly questioned by his relatives and friends.

A friend and friend who claimed to know Lu and took office in his company said, "he can't gamble. In our business, he usually dislikes everyone's gambling and has several personal actions."

"Zhejiang Xin Xin Yacht Manufacturing Co., Ltd., founded by Lu Liqiang, has a registered capital of 28 million 880 thousand yuan, mainly produced by yachts, and is now in trial production stage, but it has not yet been sold abroad."

A person familiar with the matter revealed.

Moreover, it is alleged that Lu still owes about 70000000 of usury.

"Business is difficult and bad management leads to the end of today's steel costs and profits."

However, reporters from Zhejiang steel network publicity materials found that enterprises look very beautiful, now has fixed assets of more than 8000 yuan, liquidity of more than 8000 yuan, is one of the largest steel production enterprises in Taizhou.

"No scenery, how to finance survival?"

This argument is basically the same among the business owners contacted by reporters.

According to the liquidation group, at present, the little sister and brother-in-law who have handled many debts by Lu Liqiang have been unable to get in touch.

Deadly investment?

The operation and profits of Lu Liqiang enterprises are difficult to cover their financing costs.

Nearly 500 million of borrowing is based on the benchmark interest rate of banks, which is also a burden of tens of thousands of dollars.

It is alleged that its corporate profit margin is less than 5%.

Reporter survey found that from the perspective of Lu Liqiang's development trajectory, the order of investment is respectively: in 1995, the creation of Taizhou Baoli Knitting Fashion Co., Ltd., started by knitting industry; in 2000, the joint pearlite group and foreign businessmen formed pearl steel structure company, the main steel construction industry; from 2002 to 2004, they entered labor and metal management business; and invested huge amounts of money into yacht manufacturing business in 2008.

Zhejiang steel structure disclosed that the price of raw materials such as steel has risen sharply, which needs to increase investment in production costs.

Due to lack of funds, the company often shut down from the end of last year.

Lu Liqiang had to borrow money from financial institutions in a variety of ways, such as mortgages, and borrowed money from society in a variety of ways of mortgage.

The reporter learned from a member of the liquidation team that in Lu Liqiang's 172 million yuan loan to society, the loan from the enterprise was only 250 thousand yuan, and other loans were borrowed from individuals.

Among them, a pen reached 10 million yuan, the monthly interest rate reached 7.5 points (equivalent to 90% per annum), but Lu Liqiang has not paid interest in two months.

According to the personnel of the liquidation team, 6 enterprises, such as pearlescent steel structure under Lu Liqiang's name, total output value of 96 million 600 thousand yuan in 2010, and the tax revenue is 2 million yuan.

"In fact, his yacht investment is still in the trial run stage."

A person familiar with the matter revealed.

The above middle-level members of the Zhejiang steel structure disclosed that there were no external sales records so far.

He believes that this may be Lu Liqiang's fatal investment.

In June 1st, the reporter called Xin Xin yacht to verify the problem, but the company's telephone number was never answered.

Judging from the current evidence, Lu Liqiang's operation and profitability may be difficult to cover its financing costs.

Nearly 500 million of borrowing is based on the benchmark interest rate of banks, which is also a burden of tens of thousands of dollars.

It is alleged that its corporate profit margin is less than 5%.