Sunday, March 17, 2013

Economic observer reporter Cheng Jiu

Economic observer reporter Cheng Jiu dragon in early march, it is people through the network said in a news release, kyushu tong (600998) chairman liu bao-lin have two id CARDS, and through its violation of usury company profit. Liu bao-lin so-called "hubei's richest man", once the message is disclosed and immediately caused a sensation.

March 17 morning, liu bao-lin told the media, including the economic observer, an interview responded that borrow from relationship of two companies - Wu Hanchu chang investment company and wuhan silver real estate companies are both brother liu bao-lin actual holdings of the company: "are their own business, does not exist the problem of usury."

Previously, network media reported, said liu bao-lin, Wu Hanchu chang outward investment company for a long time, a large number of usury, starting from may, 2011, ChuChang company to silver city of wuhan real estate development co., LTD. All loans are at 48% of the annual plan breath.

In response, liu bao-lin said in an interview, silver city of wuhan, the original is a real estate project company, its only a piece of real estate project is located in the hanyang clock home village land, for cao, head of the company.

"Silver city company is only one block, the basic no liquidity." Liu bao-lin revealed to reporters: "we are via person introduction, investment capital to participate in the development of the real estate project."

In October 2007, a silver city of wuhan, the registered capital of 10 million yuan, only cao actual controllers for the company. When Wu Hanchu chang investment company shares by the transferee and the form of capital increase, holding 80% silver city of wuhan, the registered capital of 20 million yuan. 2009, Wu Hanchu chang will all transferred to silver city of wuhan shares held by the liu bao-lin controlled by another company - guangzhou kang investment company. At this point, silver present equity structure for both wuhan, guangzhou kang has a 80% stake, cao has a 8% stake, Huang Wanhui has a 11% stake, and yan has a 1% stake.


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