On February 16, the topic # Three Squirrels Inc(300783) director was sentenced for 5.3 million bribes # and rushed to the microblog hot search list. Melon eating netizens said, Three Squirrels Inc(300783) is too restless!
Three Squirrels Inc(300783) a director took 5.3 million bribes and was sentenced to 3 years!
After the former employees illegally sold the company’s waste cartons on the hot search last year, Three Squirrels Inc(300783) recently exposed two commercial bribery cases.
On February 16, Nandu learned from China judicial document network that Cheng ye, director of the operation Department of Three Squirrels Inc(300783) Jingdong flagship store, was sentenced to three years’ imprisonment and a fine of 400000 yuan for soliciting property from others alone or in conjunction with other stakeholders, and committing the crime of bribery by non-state staff.
According to the judgment, the defendant Cheng Ye joined Three Squirrels Inc(300783) in 2014. From December 2017 to December 2019, Cheng ye took advantage of his position to cooperate with the defendants Cheng Haibing and Huang Hao or separately instructed the supplier to increase the supply price and ask for kickbacks while serving as the leader of the special team of rat wild products of ” Three Squirrels Inc(300783) ” company and the head of the spicy section of the product supply chain center, The total is 5302377.7 yuan.
Among them, the defendant Cheng Ye participated in accepting bribes totaling 5302377.7 yuan and his actual personal income totaling 4088177.7 yuan. The other two defendants Cheng Haibing and Huang Hao participated in accepting bribes totaling 2396400 yuan and their personal income was 607100 yuan respectively.
buy a BMW and a house for his wife
Cheng ye not only bought a BMW car worth 268000 yuan with his illegal income, but also bought a 117 square meter house at a cost of 1.14 million in Wuhu Sanshan and registered it in his wife’s name.
At present, houses and vehicles have been sealed up, and all the stolen money of the three defendants have been withdrawn.
Therefore, Cheng ye, who took the most, was sentenced to three years’ imprisonment and fined 400000 yuan. As for Huang Hao and Cheng Haibing, they were sentenced to two years’ imprisonment and fined 100000 yuan respectively.
Cheng Ye’s family withdrew 1178941.7 yuan of illegal income on his behalf.
In addition, it is worth noting that the judgment shows that Cheng Ye was born in 1991 and is a standard “post-90s”, which also reflects the younger trend of corruption in new economic enterprises.
In recent years, the internal corruption cases of new economy and Internet enterprises have increased day by day. The official account of the 2021 Internet corruption investigation report released by the Nandu business data ministry showed that in 2021, more than 240 cases of Internet corruption and corruption were reported according to the internal notification of enterprises, the public network exposure, the public prosecution tax and other official organizations and the media, which increased by 153% over the same period last year. A total of more than 300 employees were dismissed or transferred to the judiciary in the above cases, double that of last year.
The four most common positions in corruption and fraud cases include business development (BD), procurement, sales and operation, which are also the positions with the most frequent “thunder explosions” over the years.
Jiang Xianliang, senior partner of Beijing Yinghe law firm and President of China compliance research institute, once explained to reporters in Nandu that BD and sales are driven by performance, and there is a great temptation and possibility of commercial bribery;
Procurement and operation posts are more likely to embezzle property and internal bribery because they have greater financial and administrative power.
In addition, from the perspective of the reasons involved, bribery and job occupation accounted for the largest proportion, more than 60%.
the company responded to employee corruption and said it was the result of active anti-corruption
The court held that the defendant Cheng, as a staff member of the company, took advantage of his position to ask for other people’s property totaling 5302377.7 yuan alone or together with the defendants Huang and Cheng Bing to seek benefits for others, which was huge. The acts of the three defendants have violated the criminal law, constitute the crime of bribery of non state functionaries, and belong to a joint crime.
Cheng plays a major role in joint crime and is the principal offender; Huang and Cheng play a secondary and auxiliary role in the joint crime and are accomplices, which can reduce the punishment.
If the three persons truthfully confessed their crimes and voluntarily pleaded guilty in court, they can be given a lighter punishment. The three defendants can be given a lighter punishment at their discretion. The three defendants who voluntarily plead guilty and admit punishment can be dealt with leniently.
Finally, the court ruled that the defendant Cheng committed the crime of accepting bribes from non state workers and was sentenced to three years’ imprisonment and a fine of 400000 yuan. The defendants Huang and Cheng Bing committed the crime of accepting bribes from non state workers and were sentenced to fixed-term imprisonment of two years, suspended for three years and fined 100000 yuan.
On February 16, the relevant person in charge of Three Squirrels Inc(300783) responded to the Nandu reporter that the above case was the result of Three Squirrels Inc(300783) discovering the clue of Cheng’s illegal crime during the internal self-examination, which was the result of the company’s active anti-corruption.
Previously, the person in charge once told reporters in Nandu that Three Squirrels Inc(300783) has carried out strengthening measures in terms of internal supervision, expanded the scope of supervision and achieved real-time supervision anytime, anywhere.
The official said, “zero tolerance for corruption is the consensus of the whole society and the gene of Three Squirrels Inc(300783) integrity culture. The construction of integrity system is a process of continuous improvement, and the system mechanism is a preventive needle, not a specific drug, but we will stick to it and explore it.”
frequent “rollovers”, Three Squirrels Inc(300783) what happened?
market value evaporated by 20 billion in two years
According to the securities times, there was another commercial bribery case in Three Squirrels Inc(300783) recently. Taking advantage of his position, Zhang Xiaoxiang, manager of the original product center and expert of auxiliary materials, illegally accepted 1885400 yuan from six business units such as Ningguo Chengnan printing factory and Ma’anshan Kangxiang new materials Co., Ltd., and was sentenced to fixed-term imprisonment for three years and fined 50000 yuan.
In addition to the bribery case, Three Squirrels Inc(300783) also “overturned” several times in food safety and advertising. Last year, it was exposed that “nuts and bread” were moldy on double 11, and then it was burst out of the express box on double 12, startling hamsters.
According to the data, Three Squirrels Inc(300783) was established in 2012 with a registered capital of 401 million yuan, and was listed on the Shenzhen Stock Exchange in 2019.
At the initial stage of listing, Three Squirrels Inc(300783) was once regarded as a favorite by capital. Within less than a year, the share price rose from the issue price of 14.68 yuan / share to 91.09 yuan / share, and the total market value at the peak exceeded 36 billion yuan.
However, since the second half of 2020, the share price of Three Squirrels Inc(300783) has continued to decline. As of today’s closing, the share price has been reported at 34.03 yuan / share, with a total market value of 13.6 billion yuan.
The cumulative decline from the peak period exceeded 60%, and the market value evaporated more than 20 billion yuan in less than two years.
In addition, Three Squirrels Inc(300783) saw a decline in revenue for the first time in 2020, with a revenue of 9.794 billion yuan in 2020, a year-on-year decrease of 3.72%; In the latest report of the third quarter of 2021 released by Three Squirrels Inc(300783) , the revenue in 2021 was 7.07 billion yuan, a year-on-year decrease of 2.23%.
