A few years ago, the chairman of a "family" listed company in Jiangsu was reported by his niece because his niece's husband was "sent" to prison by the company. Now the former chairman and actual controller have also been sentenced to two and a half years.
On November 18, Jiangsu Baoli International Investment Co.Ltd(300135) announced that the company committed the crime of offering bribes and was fined 2.5 million yuan. Zhou Dehong, the actual accuser of the company and the former chairman of committed the crime of unit bribery and was sentenced to fixed-term imprisonment of two years and six months and a fine of 500000 yuan .
In March 2017 Jiangsu Baoli International Investment Co.Ltd(300135) , there was a "big play" between my uncle and my nephew's son-in-law against the purpose. Among them, my uncle was Zhou Dehong, the actual accuser of Jiangsu Baoli International Investment Co.Ltd(300135) , and my nephew's son-in-law Zou Aiguo was one of the sponsors of Jiangsu Baoli International Investment Co.Ltd(300135) . He was taken away by the police for investigation on suspicion of embezzlement and bribery of non-state staff.
family infighting in listed companies
On November 18, A-share company Jiangsu Baoli International Investment Co.Ltd(300135) announced that the company and Mr. Zhou Dehong were convicted of unit bribery by Wuxi Huishan District People's court, and company was fined 2.5 million yuan; Zhou Dehong was sentenced to two years and six months in prison and fined 500000 yuan .
For this judgment, the company and Zhou Dehong will appeal within the appeal period, and the final judgment result is still uncertain.
Zhou Dehong and Zhou Xiufeng are the actual controllers of the company, holding a total of 326 million shares, accounting for more than 35%.
Public information shows that in 2002, Zhou Dehong and Zhou Xiufeng invested 5 million yuan to establish Jiangsu Baoli International Investment Co.Ltd(300135) predecessor Jiangyin Baoli asphalt Co., Ltd., which is mainly engaged in asphalt business. In 2010, Jiangsu Baoli International Investment Co.Ltd(300135) was listed on the gem.
according to 21st Century Business Herald, Zhou Dehong was publicly reported by his nephew and son-in-law Zhou Shifang in May 2018 .
According to media reports, in this letter, Zhou Shifang mentioned that 70% of the asphalt sales tasks of listed companies were completed directly or indirectly by Zou Aiguo (Zhou Shifang's husband and Zhou Dehong's nephew's son-in-law).
Zhou Shifang said that due to "great achievements", Zhou Dehong thought that Zou Aiguo's ability to open up a large number of customer resources was a threat. He was jealous and dissatisfied with him, which hurt the killer.
On March 17, 2017, Zhou Dehong's niece and son-in-law Zou Aiguo submitted a written resignation report, saying that due to job changes within the company, he requested to resign as a director and member of the remuneration and assessment committee of the Fourth Board of directors of the company, and resigned as deputy general manager of the company at the same time.
However, on March 28, 2017, Jiangsu Baoli International Investment Co.Ltd(300135) reported the case to the public security organ, and Zou Aiguo was taken away by the Economic Investigation Brigade of Wuxi public security bureau for investigation for the crime of embezzlement and bribery of non-state staff.
According to the criminal judgment of Jiangyin Municipal People's Court ((2018) Su 0281 Xing Chu No. 162), Zou Aiguo was sentenced to fixed-term imprisonment of 6 years and 6 months for collecting a benefit fee of 2.11 million yuan when he was the manager of Jiangsu Baoli International Investment Co.Ltd(300135) marketing department and illegally occupying a payment of 210000 yuan with a privately engraved official seal.
However, according to the civil judgment of second instance on the dispute between Zou Aiguo and Jiangsu Baoli International Investment Co.Ltd(300135) recourse to labor remuneration ((2019) su02 Minzhong No. 2320), Zou Aiguo complained that Baoli company forced him to make a commitment by means of fraud and coercion, in order to achieve the purpose of not paying 7 million yuan of business expenses. The court held that Zou Aiguo claimed that the written commitment was made under coercion and did not provide evidence, so he should bear the legal consequences of failing to provide evidence. The court of first instance found that the letter of commitment was valid and did not support Zou Aiguo's claim. The court of second instance rejected the appeal and upheld the original judgment .
On June 2, 2020, the criminal ruling of the Wuxi intermediate people's Court on Zou Aiguo in the second instance showed that Zou Aiguo received bribes of more than 3.19 million yuan when he was engaged in asphalt sales while serving as Jiangsu Baoli International Investment Co.Ltd(300135) deputy general manager; His position occupied about 217900 yuan of the property of Baoli company.
former investigators have been investigated
It is worth noting that on May 28, 2021, Zou Aiguo submitted another appeal to the Jiangsu Provincial Higher People's court. At present, the relevant materials have been received.
The reporter of the daily economic news learned that the police handling the case at that time included Qian Feng, then head of the third brigade of the Economic Investigation Detachment of Wuxi public security bureau, and Ma Jianhong, then head of the China security detachment of Wuxi public security bureau, both of whom have been investigated . Among them, Qian Feng was subject to disciplinary review and supervision and investigation in September 2020, while Ma Jianhong was "double opened".
Source: screenshots from Jiangsu WeChat official account
On August 5, Ma Jianhong's case was heard in Wuxi intermediate people's court. In court, the public prosecution said that Ma Jianhong, the former leader of the China security detachment of Wuxi public security bureau, was involved in 17 charges and presented relevant evidence. Among them, Zhou Dehong bribed Ma Jianhong a total of 930000 yuan. the public prosecution believes that Ma Jianhong confessed his crime after he was brought to justice, which can be dealt with leniently and leniently according to law.
But unexpectedly, according to media reports, Ma Jianhong retracted his confession in court, expressed doubts about the facts of nine of the allegations, and raised doubts about the other eight . Lawyer Liu Chang told reporters, especially when referring to Zhou Dehong's case, he said: "the large part of the money given by Zhou Dehong is the human relationship between the two people, and only a small part is for the case."
Liu Chang, a lawyer of Beijing Zhongwen law firm, said in an interview with the daily economic news that according to those who participated in the audit of Ma Jianhong's case on August 5, the public prosecution accused Zhou Dehong of bribing Ma Jianhong up to 930000 yuan. During the trial, Ma Jianhong said that he couldn't remember how much Zhou Dehong's money he took. He and Zhou Dehong were fellow townsmen and classmates, the large part of the money given by Zhou Dehong was the human relationship between the two people, and only a small part was for the case .
According to the upstream news report, Qian Feng said, Zhou Dehong said that if 30 million yuan was returned in place, he could issue a letter of understanding . After asking Ma Jianhong for instructions, he took Zou Aiguo out of the police station to withdraw the money and handed it directly to Zhou Dehong. Another purpose of handling the case is to let Zou Aiguo give up the position of marketing director. On the one hand, Zhou Dehong proposed to return Zou Aiguo's assets. Ma Jianhong asked Qian Feng to tell Zou Aiguo to actively return the stolen goods. On the other hand, it is also convenient for Zhou Dehong to get more money.
After investigation, relevant departments believe that Qian Feng, as a state functionary, took advantage of his position to accept other people's property, which is a huge amount; The abuse of power causes heavy losses to the interests of the state and the people, and the circumstances are serious; As a judicial staff member, he bent the law for personal gain and prosecuted a person who knew he was innocent. The circumstances are serious. They shall be investigated for criminal responsibility for the crime of accepting bribes, the crime of abusing power and the crime of bending the law for selfish ends.
Judicial materials show that during the handling of Zou Aiguo case, Zhou Dehong once sent 300000 yuan to Qian Feng. Ma Jianhong mentioned in his confession that he received about 700000 yuan from Zhou Dehong before and after, including the Zou Aiguo case. In addition, the public prosecution believes that the actions of Ma Jianhong and Qian Feng caused a loss of 16.05 million yuan to Zou Aiguo's family.
Lawyer Liu Chang said that the 16.05 million yuan mainly includes the 9.7 million yuan that the police of Wuxi Economic Investigation Detachment illegally took Zou Aiguo out of the detention center and forcibly withdrew from his account in April 2017 after the incident, as well as the more than 6 million yuan of business expenses in Jiangsu Baoli International Investment Co.Ltd(300135) that Zou Aiguo was forced to sign and give up. At that time, the money had been given to Jiangsu Baoli International Investment Co.Ltd(300135) in the name of the so-called "refund". However, the Zou Aiguo case itself did not involve such a huge loss, and there was no need to refund the compensation to Jiangsu Baoli International Investment Co.Ltd(300135) . Ma Jianhong and others illegally approved and forcibly took Zou Aiguo out of the detention center to withdraw money and "return compensation", which has constituted the crime of abuse of power .
the company's share price has halved
After being taken compulsory measures in January this year, Zhou Dehong resigned as chairman and his son Zhou Wenbin took over. However, Mr. and Mrs. Zhou Dehong are still the actual controllers of the listed company. By the end of the third quarter of this year, Zhou Dehong and Zhou Xiufeng had a total of 326 million shares, but nearly 80% of them were pledged .
But every year, Zhou Dehong and his wife can get a dividend from the listed company. Statistics show that from 2017 to 2020, Jiangsu Baoli International Investment Co.Ltd(300135) will distribute a cash dividend of 0.1 yuan (including tax) for every 10 shares every year. Based on this calculation, Zhou Dehong and his wife will receive a dividend of about 3.2 million yuan (including tax) every year because they hold about 320 million shares in total, and a total dividend of more than 10 million yuan (including tax) in recent four fiscal years.
In terms of historical performance, Jiangsu Baoli International Investment Co.Ltd(300135) the net profit attributable to the parent company from 2017 to 2019 was about 40 million yuan, and the performance decreased significantly in 2020, realizing an operating revenue of 2.018 billion yuan, a year-on-year decrease of 16.93%, a net profit attributable to the parent company of 3.9488 million yuan, a year-on-year decrease of 90%, and a loss of 16.4073 million yuan after deduction.
In the first half of this year, Jiangsu Baoli International Investment Co.Ltd(300135) performance improved, achieved an operating revenue of 1.011 billion yuan, a year-on-year increase of 75.5%, realized a net profit attributable to the parent of 1.7475 million yuan, and a net loss of 30.7558 million yuan in the same period of last year, turning losses into profits year-on-year.
However, in the third quarter, Jiangsu Baoli International Investment Co.Ltd(300135) performance fell year-on-year, resulting in a loss for the company. Jiangsu Baoli International Investment Co.Ltd(300135) in the first three quarters of this year, the operating revenue was 1.61 billion yuan, a year-on-year increase of 15.51%, and the net profit attributable to the parent was 9.4209 million yuan.
Over the past year, Jiangsu Baoli International Investment Co.Ltd(300135) share price has been falling endlessly. From the high of 5.22 yuan / share in September last year, the share price has been nearly halved. By the end of the third quarter of this year, Jiangsu Baoli International Investment Co.Ltd(300135) had 45000 shareholders . Zhou Dehong and Zhou Xiufeng jointly hold 326 million shares, according to the latest share price of RMB 2.62, with a market value of RMB 854 million .
(Daily Economic News)
