Probably Because Of The Huge Debts, Haining Hongchang Tanning Enterprise Boss Ran Away.

Chen Hua's anxiety on the fence.

Outside the guardrail, with him in Zhejiang

A long queue of colleagues waiting for registration is waiting for the company to work. The relevant working group is checking the information on the side of the barrier.

Since his boss Huang Jian's "May Day" holiday was "unable to contact", he had a smooth day before it was broken.

Today, the company has been seized for debt reasons.

As for the specific amount of debt, it is rumored to be around 500 million yuan, but there is also a saying about "1 billion yuan or so".

Yesterday (May 7th), Hongchang leather, located in the leather capital of China, Haining, Zhejiang, has been shut down.

The head of the Haining court told reporters that "at present, how much debt is involved in the property preservation phase needs further verification."

It is worth mentioning that, besides Hongchang leather making, Zhejiang's leather industry has seen a negative growth.

Tanhong leather was sealed up

Hongchang tanning is located in No. 19 Shi Fa Road, Haining economic development zone. It is a well-known leather enterprise specializing in leather and furniture leather.

Chen Hua came to Hongchang tannery two years ago and is now a skilled operator.

According to his introduction, initially signed the employment contract of 3 years, each month has 4000 multivariate wages.

But after the chairman is "unable to contact", he is most anxious not only to get enough pay and benefits, but also to find a job again.

Colleague Zhang Jun (pseudonym) recently signed a 3 year contract with the company. After the May Day holiday, he was suddenly informed to go to a meeting at work time. Then the workshop was sealed up and could no longer go to work. Some workers heard the boss at this time.

".

Yesterday, the entrance of the Hongchang tannery gate was closed, and many workers and government working groups entered and entered the side door.

Outside the entrance to the workshop, workers are queuing up to register.

Within it, three working groups, such as the interview reception group, the policy advisory group, are in the process of information registration and verification.

The warehouse and workshop have been affixed with the seal of the court.

According to reports, at 9 a.m. on May 6th, the staff of the Haining Municipal People's court entered Hongchang tannery and sealed up their factories, equipment, finished products, semi-finished products and raw materials.

According to the relevant person in charge of the court, Hongchang tannery failed to pay off bank loans due to maturity, and the enterprises were unable to maintain normal production and operation.

The above-mentioned report also mentioned that after the Hongchang tannery was sealed up by the Municipal People's court in accordance with the law, the policy advisory group composed of about 20 people from the Haining economic development zone and the labor and judicial departments entered the Hongchang tannery for consultation and responsible for policy interpretation.

The on-site staff are divided into three groups, namely, wage statistics verification, policy consultation and visitor reception. They are consulted by employees and business enterprises.

Workers' wages will be issued by the Municipal People's court in accordance with relevant procedures from May 11th.

Owe huge debts?

Reporters learned from the relevant departments of Haining, at present, the relevant assets and debts of Hongchang leather are being verified, and the public security organs have been involved in investigating the matter that the chairman of the company Huang Jian is unable to contact. Besides, Haining economic development zone is already working on resettlement staff.

Reported that Huang Jian (Hangzhou household registration) in January 2011 as a legal representative of Hongchang tanning, chairman of the board, went to Canada in May 2nd, is now out of touch, the local public security authorities have been involved in the investigation of the matter, the relevant parties have also set up a special working group to verify Hongchang tanning assets.

"At present, how much debt is involved in the property preservation phase needs further verification."

The court of Haining was responsible for telling reporters that it failed to repay the bank loans due. At present, it has applied for property preservation through the Haining branch of Bank of China.

The Haining court issued a notice on May 6th that the applicant's Bank of China, Haining branch of Limited by Share Ltd, filed a property preservation application for the court because the respondent Zhejiang Hongchang limited could not repay its debts. The court has made (2012) the civil order No. fifth, sixth, seventh of Jihai Haibao, and adopted property preservation measures according to law to Zhejiang Hongchang tanning Co., Ltd.

The court of Haining explicitly stated that the seizure involved all the state-owned land use rights, real estate buildings, finished products, semi-finished products, raw materials, machinery and equipment, office facilities and other assets of Hongchang tannery.

Reporters learned that the Haining court made in May 6th (2012) Jihai Haibao fifth, sixth, seventh civil ruling, involving a total of 75 million yuan property seized Hongchang, creditors not only the Bank of China.

"A huge debt is owed," a person close to the court said.

As for the specific amount of debt, it is rumored to be around 500 million yuan.

But there are also claims that "not 500 million, but about 1 billion".

Former "Star" enterprises

According to public information, Hongchang tannery was registered and established in the Jiaxing Administration for Industry and Commerce in March 5, 2004.

As a legal representative.

The company is a member of the leather industry association.

"In the region is a large enterprise."

Many local citizens in Haining say they are familiar with Hongchang leather making.

In fact, Hongchang tanning is Haining's "star enterprise".

According to public data, in 2011, Hongchang tannery paid 8 million 120 thousand yuan of tax revenue after deducting all kinds of tax relief and export rebates, and entered the 100 place of local financial contribution in Haining, Zhejiang in 2011. In the 2009 to the end of 2011, it won the "enterprise credit rating AAA level", "the development of superior enterprises" and "the ten top industrial production inputs in Haining".

Why is such a "Star" enterprise trapped in today's debt dilemma? It is Huang Jian's personal cause that causes the current predicament, or is it the company's business reasons? Is the boss carrying the "running road" or something else?

It is worth mentioning that Hongchang leather industry in Zhejiang province has seen a negative growth in leather industry.

In the first quarter of this year, the delivery value of industrial exports above Designated Size in the province was 226 billion 300 million yuan, down 0.5% from the same period last year.

From the industry perspective, the total value of export delivery ranks among the top 8 industries, and the 4 sectors of the textile industry (-0.9%), clothing (-1.2%), communications electronics (-26.3%) and leather (-1.5%) are negative growth.

On the other hand, although the financing of physical enterprises is difficult, Zhejiang's new loans increased by 171 billion 500 million yuan in the first quarter, a decrease of 34 billion 660 million yuan compared with the previous year.

According to the Zhejiang Provincial Commission of letters, the survey results of the enterprise activities of "entering 10000 enterprises to solve problems" showed that there were 2642 enterprises in the first quarter, accounting for 54% of the total number of enterprises, with a total shortfall of 34 billion 250 million yuan, and 45% of the enterprises expected to be tighter this year than last year.