the message cannot be transmitted beyond shanhaiguan
2024-09-10
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last friday, transsion holdings issued an announcement saying that the company's cfo xiao yonghui was taken into custody by the zhen'an district supervisory committee of dandong city.everyone was a little surprised by this news. on august 28, transsion holdings, known as the "king of african mobile phones", held a performance briefing for the first half of the year, and xiao yonghui also attended.many netizens were puzzled as to why a cfo of a mobile phone company would be retained in a place famous for its strawberries. in fact, even transsion itself did not understand. they said in the announcement:the company is not yet aware of the progress and conclusion of the investigation.in fact, it is nothing. in the first seven months of this year, more than 30 directors, supervisors and senior managers of a-share listed companies have been detained. most of these listed companies do not know why.naiwu checked and found that many entrepreneurs who were detained this year have been released from detention, such as chaoyue technology's gao zhijiang, sirui technology's actual controller zhang ya, and tianyi shangjia's actual controller wu peifang, who were detained in march.but there are also some people who are repeatedly announced by their own companies. for example, the chairman of jinjia co., ltd. was detained three times and released three times. in may this year, jinjia deputy general manager li dehua was detained and released a month later.another example is deng guanhua, chairman of yangpu medical. in april this year, he was detained by relevant departments of guangdong province. one month later, after the detention was lifted, deng guanhua also attended the annual shareholders' meeting.just when investors thought the matter was over, a few days later, in july this year, deng guanhua was invited to have tea by relevant departments of zhujiang again.the companies involved responded that the media’s statement was similar to that of transsion holdings, and that they had all received the notice, but did not know why.the fight against corruption is always on the way, and naiwu will support it with all his strength. but the shareholders couldn't stand it. after the announcement of xiao yonghui's detention, transsion's stock price fell by more than 8%.and without official information, investors are all guessing. for example, in xiao yonghui's case, everyone is guessing whether it is related to sun junzhu, a senior executive of the shenzhen branch of china export and credit insurance corporation who was previously dismissed. after all, xiao yonghui himself is not a public official, so it is more likely that he is involved in a bribery case.some even questioned whether this was a form of "extortion" by the local government.for example, zhejiang official media recently published an article saying that a certain place in hubei province had unfairly enforced cross-border law against zhejiang private enterprises. the article said that zhejiang private enterprise xinhu group had acquired the equity of a mine from seven natural persons and had been operating it ever since. later, one of the natural persons was involved in a case of official bribery and was convicted by the local court of corporate bribery.the court ruled to recover all equity and interest:it is owned by yichang state-owned assets supervision and administration commission.huang wei, chairman of xinhu group, came out to face the media and said that he had invested 6 billion in cash and 20 billion in assets.this is why you, huang, are wrong, ******, don’t even think about eating your rotten watermelons. the zhejiang official media was outraged, saying that this method of law enforcement is:deep-sea fishing style case handling.they also patiently explained the law to the confiscation parties, saying that the root cause of their actions was that local financial difficulties had given rise to "profit-seeking law enforcement." since the fines and confiscations belonged to local finances, this induced local judicial organs to conduct "distant-sea fishing-style" case handling.in the past two years, local governments that have been struggling to meet their financial needs have tried all sorts of methods, including misappropriating rural students' lunch fees, selling off their belongings, and increasing fines and confiscations.in zhen'an district of dandong city, where xiao yonghui was detained this time, the fines and confiscations income in 2023 increased from more than 1 million in 2022 to more than 11 million, exceeding the budget by 500%.naiwu looked at the local final accounts and found the bonuses for employees in zhen'an district in 2023:10 million more was issued than in 2022.look, what a coincidence, isn’t it?in the past two years, provinces and cities with developed private economies have frequently helped local enterprises to speak out. for example, shenzhen issued a 20-point policy last year to expand and strengthen private enterprises, and article 14 specifically mentioned the need to protect the legitimate rights and interests of entrepreneurs when facing law enforcement in other places, and to minimize the impact of case handling on the legitimate operations of enterprises.in 2021, the yiwu police even wrote an earnest open letter internally, hoping that colleagues from all over the country would show mercy and stop arbitrarily freezing the bank cards of local merchants in yiwu.if shouting your throat out is useful, then having a smoky voice will be worthless.follow the planet video account to learn about the world
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