Category: Money tips Release Date: 2006-03-04
In August 2005, the authorities confirmed that the Chairman of the Board of Guangdong Greencool Gu Chujun and its main domestic aides, including the number of financial executives, for "suspected involvement in economic crime", has been formally arrested by public security departments.
September 14, 2005, Kelon Electrical transfer of shares issued notice should, for the first time confirmed that at present the single largest shareholder of Guangdong Kelon Greencool and Qingdao Hisense Air-conditioning Co., Ltd. on September 9 signed a "Share Transfer Agreement" will be the holder of the 26.43 percent stake in Kelon to Hisense transfer of air-conditioning, Hisense Kelon air-conditioning to become the largest shareholder.
Curtain call on this capital, an influential player. Do not freely about right and wrong, can only sigh Gu Chujun: Capital players in the "crazy", a crisis public relations fool.
Case protagonist:
In 1989, Gu Chujun refrigerant on its own patented invention overseas venture.
1995 home development, so that the control of Greencool as across Asia, Europe, North America, three continents, the high-tech multinational group, known as "the world's three giants of the CFC-free refrigerant."
By the end of 2001, Gu Chujun Kelon Electrical Holdings.
In May 2003, Gu Chujun spend 200 million, will Meiling Electrical 20% of the shares in the bag and become the largest shareholder.
Subsequently, the acquisition Yaxing Greencool and lay shaft ST.
So far, Gu Chujun in domestic holdings have four listed companies, has five home appliance brands (Kelon, Yung-sing, Warburg, Kang Byrne, Meiling), control of the market value of listed companies hundreds of million yuan.
In August 2005, Gu Chujun and some of the head were arrested.
Case playback: (Source "Oriental Morning Post", "China Youth Daily", "The Economic Observer", "Southern Weekend", etc.)
August 9, 2004, Lang Xianping at Fudan University to "Greencool: Under the" Guotuiminjin "Feast in the carnival" in the title speech. "Oriental Morning Post" and "Hong Kong Commercial Daily" published the next day to summaries of statements immediately after the sites such as Sina reproduced. ,
Lang said that he and his students after 3 months of research and found that Gu Chujun has acquired Kelon, Meiling, Yaxing Bus and the ST-hsiang-axis and three other companies, known as 4.1 billion investment, but actually only invested more than 300 million yuan. Gu Chujun taken a variety of tactics during the ripping off of the hook or by crook Gu Chujun Lang will be summed up as "The Greatest ax "---- camp, take advantage of, become masters, reciprocated by washing large bath, welcome appearance as well as by the chicken - .
Lang pointed out that Gu Chujun acquired four companies, the losses are substantial grounds of the company, drive down the purchase price. In fact, a substantial loss of these companies are single-handedly created Gu Chujun. Gu Chujun before the completion of the acquisition will normally stationed ahead of the acquired business, as chairman, the company reported significant losses are introduced when he served as chairman of the. For example, in May 2002, Gu Chujun completed the acquisition of Kelon, but as early as November 2001 or so, Gu Chujun served as chairman of Kelon, Meiling acquisition, Yaxing, ST-hsiang axis, there the same situation.
Lang pointed out that Gu Chujun The means of loss-making a substantial increase in corporate operating expenses. The acquisition of Kelon, for example, Kelon to its previous operating costs about 10% of turnover, Gu Chujun became chairman after raising it to 20%. The profitability of these enterprises in general, but 5%, a substantial increase in costs will inevitably lead to huge losses.
Upon completion of the acquisition, Gu Chujun turn Kelon zero proportion of operating costs and create significant losses after taking over the false impression, reinforced outside "private enterprises myth."
August 14, Lang received a Gu Chujun commissioned by the Hong Kong Richards Butler's lawyer's letter, and noting that "the Oriental Morning Post", "Hong Kong Commercial Daily" published a speech ABSTRACT Lang created a slander on the Gu Chujun. And some commentators attacked Gu Chujun personal character, reputation and character. Gu Chujun made to him through the lawyer's letter, first, Lang require a detailed written report, the media reports correctly recorded his speech. Second, if the media did not properly record the presentation, then Lang needs: requirements "the Oriental Morning Post", "Hong Kong Commercial Daily" and the website removed the article and issued a correction and apology, but also to provide these actions evidence to the Gu Chujun. Third, a copy of his speech to the Gu Chujun manuscript.
August 16, Lang will be held in Beijing on Meet the Press Council, said Gu Chujun not tolerate violation of academic integrity. "In fact, the confrontation with the Gu Chujun is not important, I am now most concerned about is the issue of state-owned assets." In this afternoon at a news conference, the famous economist, Professor Lang told reporters that dozens of media he hoped to study a series of Gu Chujun Greencool head of capital operation, triggering public concern about the process of SOE Reform revealed the loss of state-owned assets. And Gu Chujun through the 3-point demand lawyers countered Lang response:
First, will fully respect the right of the media's right to information and reports, the media as long as the speech of any person with the greatest degree of understanding and fair coverage is responsible reporting. Therefore, do not require the media to Gu Chujun any form of apology.
Second, the speech will not be disclosed to the Gu Chujun manuscript, please Gu Chujun was time to look empty.
Thirdly, I do not accept the lawyer's letter expressed Gu Chujun the kind of "violation of academic integrity and freedom" in tone.
Gu Chujun August 17 to submit a formal complaint to the Hong Kong High Court, to prosecute alleged defamation Lang. This is not the first time. January 30, 2002, Gu Chujun on the Hong Kong High Court had charged UBS Warburg and the company director and head of China Research Zhang bridge defamation.
