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    Double Star Shoe Industry

    2008/4/12 0:00:00 10453

    Double Star Footwear Industry

    The enemy of Wang Hai was his "disciple" when the celebrity industrial holding 51% collected the double star shoe channel and triggered the storm again.

    For China, 2008 is the 30th anniversary of China's reform and opening up, and China is facing the pressure of pformation at the moment.

    Wang Hai also faces a difficult problem: after completing the channel reform in 1999 - 2004, it now wants to regain channels.

    It was his disciples who boycotted him.

    A brief history of double star restructuring began in 1998. The branches of the two stars began restructuring, mainly private buyout and withdrawal of state capital.

    In 2004, the companies in the southwest of the double star also completed the restructuring, forming a private enterprise, which is led by Liu Shuli and owned by more than 200 shareholders, the Chengdu science and Technology Investment Development Co., Ltd.

    At the end of 2007, Qingdao's Twin Star announced that it would pfer its footwear industry assets to celebrities.

    So far, two years ago, the controversial "double star" privatization process seems to be coming to an end.

    In February 23, 2008, the two star group unilaterally announced the suspension of its cooperation with the "Southwest double star" and no longer authorized the latter to use the "double star" brand.

    In February 25, 2008, "celebrity industry" notified the "Chengdu double star": the company decided to grant us only the regional operation rights of the dual star products (holding more than 51% of the company).

    At 14:00 on April 13th, Wang Hai, President of the Twin Star Refco Group Ltd (hereinafter referred to as "double star group") will go to the Tianjin book building to attend the signing sale of Wang Hai thirty years, Wang Hai and his Chinese double star.

    The book's cover has such a saying: "the only outstanding entrepreneur in the first generation is still a" market general "who is still active on the stage of state owned enterprises, a witness to China's reform and opening up and a successful example.

    For China, 2008 is the 30th anniversary of China's reform and opening up. At the moment, China is facing the pressure of pformation.

    Wang Hai also faces a difficult problem: after the completion of the channel reform in 1999 - 2004, there is a strong boycott now that we want to recoup the rectifying channel.

    And his boycott is his disciples.

    Since 2008, on the one hand, Qingdao Binxing (000599) has stripped its second main businesses to the Qingdao Double Star Industrial Limited by Share Ltd (hereinafter referred to as "celebrity industry").

    On the other hand, celebrities strive to negotiate with agents everywhere, asking for 51% stake.

    Thus, Han Junzhi and Liu Shuli, the 70% biggest agents in Ji'nan and southwest, occupied two of the sales revenue of double star.

    In April 11th, the two star group held a special press conference on this issue.

    Although only the official media was invited, almost all financial media were present.

    The two protagonists involved in this press conference are Wang Hai and Liu Shuli and Han Junzhi, who were once intimate upper and lower levels.

    Liu Shuli, chairman of the board of directors of Binxing group Chengdu science and Technology Investment Development Co., Ltd. (hereinafter referred to as "Southwest double star"); Han Junzhi, chairman of Ji'nan Binxing economic and Trade Co., Ltd. (hereinafter referred to as "Ji'nan double star").

    According to Han Junzhi, southwest binaries and Ji'nan binaries now firmly grasp the 70% of the two star group's footwear and clothing sales channels.

    Wang Hai said that for the long-term development of the two stars, we must reorganize the market, break the situation of fighting against each other and stick to one field, and re regulate the reform and adjustment of the market management system.

    In April 2007, the group set up a market reorganization and rationalizing development team headed by Liu Shuli, and finally decided to reorganize the 51% star celebrities and the market agents with the celebrity industry representative group holding market.

    However, Wang Hai did not expect that Liu Shuli, who was once the leader of the group, later expressed his opposition.

    "Liu once came to the company and asked me for a share in celebrity 15%~20%. I also made an oral promise.

    As long as you come, wait for the state stock to return to you. "

    In April 11th, the day before the press conference, Wang Hai received an exclusive interview with the financial manager for a week.

    I gave him the chairman of the group and celebrity industry.

    However, these were not positively confirmed by Liu Shuli.

    His wife, Han, said "unclear" and refused to be interviewed on the grounds of "Liu's cell phone shutdown".

    Wang Hai pointed to his coat and said, "a dress 4700, most of my high-end clothes were sent by Han Junzhi.

    If it had not been for this matter, Han Junzhi would have been very good to me.

    Han Junzhi tells the story of her double star.

    Before she was 16 years old, she entered the nine rubber factory (the predecessor of the double star group) as a worker. In 1983, she went to the general affairs department at that time. In 1986, the general affairs department was pformed into a logistics management department. After that, she was slowly raised to the deputy director.

    When his husband Liu Shuli retired from the army and worked in other units for a period of time, he also came to the state-run rubber nine plant in 1986 and worked in the sales department for three years after working in the workshop for a year.

    Wang Hai thought he trained and promoted them.

    Han's mother found the Secretary of the Party branch, and later pferred Korea from the workshop to the general affairs section.

    Later, she had some abilities.

    Her husband was recruited through my relationship.

    After three months in the workshop, I secretly pferred him to the sales department.

    Wang Hai said.

    Similarly, Han responded, "it is meaningless to mention these things, but I respect the two star group."

    In 1990, Liu Shuli and Han Junzhi started out of Qingdao and established the Ji'nan Distribution Department.

    They got Wang Hai's further appreciation and promotion.

    Sheng Xishun, deputy general manager of the double star group, introduced the business history of the two star group to a financial weekly reporter. At that time, it was so called, "going overseas is the reform, and going to the mountains and going to the countryside is also a reform."

    "At that time, our team consisted of five people, two women and three men.

    The lack of liquidity, together with everyone, rented a 120 square meters less than the facade. "

    Han Junzhi recalled, "everything is like settling down."

    According to Han Junzhi, Liu Shuli began to take charge of the whole Shandong Province in 1993, plus some parts of North China.

    At the end of 1994, he was assistant to the factory director. He was in charge of the work in the East China and North China in the whole province. He was vice president in 1995 and was responsible for the southwest region in 1996.

    The work of the Ji'nan company was basically handed over to Han Junzhi in 1995.

    "They are so cold in my mind that they are ungrateful."

    On the afternoon of April 11th, Wang Hai told reporters during the financial week.

    Since 1996, the two or three grade department store began to fail.

    The branches of the group began to expand, and it was also the beginning of Ji'nan and southwest.

    In 1999, when the two or three grade department store went bankrupt and the double star company took over the market, there was a problem in fund management because of "doing the state money with the state".

    The reform movement started.

    In 1998, under the leadership of Wang Hai, a restructuring of the local branches with the characteristics of "private buyout and withdrawal of state capital" started from the chain stores and branch offices in Southwest China.

    In 2002, after the completion of restructuring in Ji'nan, only the southwest regional corporation had yet to be restructured.

    Ji'nan management company reformed and established Ji'nan Double Star Economic and Trade Co., Ltd., Han Junzhi 100% holding.

    Han Junzhi signed a three year repayment contract with the two star group and delivered 800 thousand yuan in the first year.

    Han Junzhi said, because the Ji'nan company is relatively good, its own cost is higher than others.

    "Ji'nan has been restructured at twenty percent off of its stock price."

    In addition, a certain royalty will be paid every year.

    But there is no document between the two sides.

    For the restructuring of regional Corporation in Southwest China, a reporter got three documents a week.

    First, because of the involvement of fixed assets, Qingdao SASAC issued a comment on the disposition of state-owned assets of enterprises in the southwest region of the two star group.

    In addition, we have signed the "repayment agreement" and "supplementary agreement" by two star group and Chengdu science and Technology Investment Development Co., Ltd.

    The repayment agreement shows that the way of state-owned capital withdrawal from southwest companies is to define the relationship between the two star companies and the companies in Southwest China as debt and debt relations.

    All debts were borne by a new company, the double star group, Chengdu science and Technology Investment Development Co., Ltd., with a total debt of 49 million 730 thousand yuan (excluding interest, at which time the documents claimed that the southwest companies had a debt of 23 million yuan), which had to be completed before the end of December 2007.

    Han Junzhi told financial weekly reporter that the double star group Chengdu science and Technology Investment Development Co., Ltd. was restructured by Liu Shuli at 51% and Malaysia patriot held 49%.

    Among them, Ma AI had worked in the double star group and came to the southwest before Liu Shuli.

    In the supplementary agreement of the repayment agreement, it continues to show that the double star group agrees to exempt the Chengdu science and Technology Investment Development Co., Ltd., which is a double star group, should pay the agency fee to Party A for 4 years.

    Double star group agreed to exempted Binxing group Chengdu science and Technology Investment Development Co., Ltd. for 4 years.

    In response, Han Junzhi said: "no one wanted to buy at that time.

    In addition, the brand of double stars was very common in Chengdu.

    The supplementary agreement also says: "for the loss of 23 million yuan made by Party B (Chengdu Technology Investment Development Co., Ltd.), and calling for the audit of the double star group, Party A (Double Star Group), taking into account the actual situation, encourages Party B to recover the arrears as soon as possible, avoids the loss of state-owned assets of Party A, and does not re audit, and agrees to exempt Party B from the interest on the loss of 23 million yuan."

    On how to determine the value of assets, Wang Hai said: "at that time, almost all dealers in the country said how much money they were.

    That's why we lost 3 hundred million.

    However, Han Junzhi said that (Qingdao) SASAC and Binxing group sent people to Chengdu, which had been audited by the SASAC.

    "If we can really handle state-owned assets like this, does it mean that Wang Hai has always been irresponsible for state assets?

    It is equivalent to accusing Qingdao SASAC of completely losing control of state assets. "

    Shi Yunwen, deputy general manager of Ji'nan Binxing economic and Trade Co., Ltd., told the financial weekly reporter's e-mail.

    What is worth pondering is that when the Southwest Company changed its system, Liu Shuli once proposed to Wang Hai 26%'s dry stock (that is, a share with a certain share of shares that did not have to be invested practically).

    Han Junzhi told finance week in the evening of April 11th: "at that time, all shareholders agreed to sign, but he did not want to."

    "I do not share shares, nor do I."

    Wang Hai said in April 11th.

    The Shandong media revealed that since 2000, trademarks registered with the "Wang Hai", "WANG-HAI" and "W" deformable bodies began to apply to the State Administration for Industry and commerce. These trademarks involve a total of 48 categories, including shoes, clothing, sporting goods and small commodities.

    In September 2002, Qingdao Double Star Industrial Limited by Share Ltd was officially registered.

    Immediately, double star group's vulcanized footwear business was stripped to celebrity industries.

    Since then, the above trademark applicants have been pferred to Qingdao star Limited by Share Ltd.

    Since then, the double star group has been promoting the "Wang Hai", "WANGHAI" and "W" trademark in the whole country, especially the "W" deformation trademark.

    So the outside world questioned Wang Hai's promotion of personal brand in the name of double star group and listed company.

    As early as 2006, Wang Hai talked with several core executives about his ambition after leaving office.

    He said he intends to integrate the current market resources of the "double star shoe industry" and lead the "celebrity industry" to raise funds for listing.

    Without channels, celebrity industry and all trademarks created by Wang Hai can not go deep into the market.

    In February 2008, the "double star" trademark reached the limit of the southwest double star. The two star group and celebrity industry sent a letter asking for holding 51%.

    No more resentment.

    Southern Weekend called the "double star civil war".

    Celebrity industries began to enter the southwest double site and compete for positions.

    The 18 leaders of the two star group led by the deputy director of the Qingdao industrial and commercial bureau went to Chongqing, Kunming, Guiyang and Chengdu to fight against counterfeiting.

    Han Junzhi and Liu Shuli began their public relations and asked for help from the national financial media.

    They refused to cooperate with celebrities.

    In their view, this war is not known as the war between the father and the son, or the war between the younger brother and the younger brother.

    Economic report twenty-first Century, first financial daily, and daily economy.

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