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    Central Department Stores Encounter Collective "Shut Down Door" Follow Up

    2014/7/5 7:14:00 22

    Central Department StoreCollective ClosedBank

    < p > in the eyes of many ordinary people, the arrest of "a href=" http://www.91se91.com/news/index_c.asp "Yang Ding Guo" /a "means" a href= "http://www.91se91.com/news/index_c.asp" Zhong Du department store "/a" > "shutting down doors" incident came to an end.

    But for many people and companies implicated in this incident, the events in Central China are just beginning.

    Recently, the head of the Yuhang branch of the people's Bank of China told the media that at present, there are 9 creditor banks in the country, with a total loan amount of 520 million yuan.

    After the run, Yang Dingguo's creditors also surfaced, including employees, merchants, dealers, construction providers, small loan companies, and banks.

    < /p >


    < p > reporter understands that Yang Dingguo's Zhong Du holding main business covers real estate, commercial department stores, hotels, Fu Shen special series (property management, home ownership, garden of gardens, finance, etc.) four major undertakings, and there are more than 20 wholly-owned subsidiaries.

    In June 18th, the reporter, through Sina micro-blog, first noticed that Zhong Du department store in Qingchun Road, Hangzhou suddenly shut down.

    Then, like the collapse of Domino, it was located in a number of central department stores in Hangzhou, Linping and Anji.

    For a moment, the news about "Chairman Yang Dingguo of the China capital group lost contact" appeared in the newspapers.

    < /p >


    In June 17th, according to media reports, the "a href=" http://www.91se91.com/news/index_c.asp "real estate project < /a > > Qingshan Lake project, which belonged to Ling'an Zhong Du property, reached 35 sets a day, and the total sales volume of the ticket sales was 72 million 783 thousand and 800 yuan." P "

    And this sales list under the purchase details, let Yang Dingguo lost contact more mystery.

    The media said, "more and more evidence shows that Yang Dingguo, chairman of China capital group," lost contact "is a carefully planned asset diversion.

    < /p >


    < p > Yang Dingguo was arrested in Xiamen on the evening of June 24th, and was arrested by the public security organs according to law on suspicion of illegally absorbing public deposits.

    Since then, the central authorities have been in turmoil.

    In addition to Hangzhou, Yuhang, Anji and other department stores department stores closed, according to a Chinese staff, currently only hotel and property are still operating, other subsidiaries have been suspended.

    < /p >


    < p > and according to hang Cheng media's follow-up, after the intervention of the Yuhang district government, a local law firm was commissioned to declare the creditors in central headquarters.

    Related lawyers, at present, the creditors who come to register every day are between 100 and 120 people.

    The lawyer said that the debt types are complex and varied, "there are shopping cards, rents, loans, works and so on."

    < /p >


    Yang Dingguo also learned that P also raised funds for employees.

    Before Yang Dingguo disappeared, the amount of money raised to employees was between 80 million and 90 million, and the fund-raising might have gone to the real estate business in Central China.

    < /p >


    < p > a staff member of the Yuhang court said that as of Monday, the Yuhang court had received 88 lawsuits from China, 60% of which were from banks and small loan companies.

    Among them, banks are the "hardest hit" of Yang Ding Guo's running road incident.

    In June 30th, a person in charge of the Yuhang sub branch of the people's Bank of China confirmed to the media that all the incidents in the central bank affected 9 local banks with a total loan amount of 520 million yuan.

    < /p >


    < p > according to media reports, in June 24th, the Yuhang branch of CITIC Bank sent a notice to Yang Dingguo, asking him to repay the loan principal and interest of 40 million yuan.

    According to a December 2013 material, the loan from the central bank to Yuhang branch of CITIC Bank was 277 million yuan at that time, and other materials showed that Chuan yuan trading, a controlling shareholder, had secured loans to 6 banks, amounting to 95 million yuan.

    Up to now, 4 loans have not yet been expired, of which Yuhang Pudong Development Bank branch has a total of 18 million yuan, and Yuhang branch of Hengfeng bank is 30 million yuan.

    < /p >


    < p > reporter told the Yuhang Municipal Public Security Bureau that Yang Dingguo was in further investigation and the details were not convenient to disclose.

    < /p >

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