The fall of a chairman of China Group also shows that in the economic tide of China, blindly pursuing economic enthusiasm is not the best choice. Only by advancing cautiously and steadily can we build a lasting business empire.
As early as 2065438+early September 2009, the news about the death of Zhang Zhenxin, the chairman of Pioneer Group, has been widely circulated in China. Zhang Liqun, the second-in-command of Pioneer Group and the executive director and CEO of Pioneer Group, was noncommittal about this rumor and did not respond positively.
Because of this, many customers who have invested in Pioneer Group have resold their shares, and the prices of shares and bonds of Pioneer Group have also fallen all the way, even to a record low of one penny. The economic situation is not optimistic. Pioneer Group, which once had assets of over 100 million yuan, has obviously seen the road to bankruptcy in the future.
20 19 Chelsea, London, England, where Zhang Zhenxin died at the age of 48 after being rescued. He originally planned to visit his wife and daughter in the UK, but due to the poor operating conditions of Pioneer Group recently, due to improper investment and unplanned scale operation, Pioneer Group owed more than one billion dollars.
Faced with such pressure, Zhang Zhenxin, who had a smooth life in the first half of her life, felt very depressed. He not only wanted to take the opportunity of visiting relatives and friends to relieve his mood, but also drank wine in London, England, as if he could relieve the pressure in his heart through such a thing.
Because of his special status, the doctor made a comprehensive examination of his cause of death and found that many organs in his body failed because of excessive drinking. Even though the medical equipment here is very advanced, Pioneer Group, which got the actual news, had to release the official obituary to the public all over the country.
According to official sources, Zhang Zhenxin's funeral and memorial service will be personally organized by his relatives, and Pioneer Group, the business empire he once founded, has also suffered the biggest economic crisis since its establishment.
Zhang Zhenxin, born in 197 1, seems to be born with smooth sailing. He studies hard and is very talented in science. More importantly, he is very sensitive to the economic update information in the society, and he can always predict the general trend of future economic development with his only knowledge and analysis.
With this intelligence, Zhang Zhenxin entered Dongbei University of Finance and Economics after the college entrance examination. He is very talented and has good grades. After graduation, many big groups extended olive branches to him. During this period, he was the general manager of Dalian Business Department of Shen Yin Wanguo Securities Co., Ltd. and the chairman and general manager of United Venture Guarantee Group Co., Ltd. ..
Zhang Zhenxin's outstanding ability and excellent mind made his life seem to be covered with gold. Gradually, he was no longer satisfied with being a worker in other groups. He also wants to make a living in the economic tide of China and build his own business empire on his own.
In 2000, Zhang Zhenxin started his first venture in his life. His major in college is studying economics. He naturally understands that dealing with economy and securities will be a very promising development road in China's economic development. This year, Zhang Zhenxin initiated the establishment of Dalian Netcom Venture Capital Co., Ltd.. This is the first guarantee company in Dalian and the first bucket of gold in Zhang Zhenxin's life.
For this company, there is more and more capital for venture financing. Zhang Zhenxin has a rich family background, but in just three years, the company has grown into a leading enterprise in Dalian. In 2003, Zhang Zhenxing founded Pioneer Holding Group, which made him have a lifetime of glory.
There is nothing wrong with this idea, but the unstable factors in economic investment are the key lifeline that determines the success or failure of a company. Zhang Zhenxin was not very stable since he founded the group, which laid a deep hidden danger for his future investment failure and bankruptcy.
At this moment, China is still in the moment of sustainable development, and many high-tech industries with unlimited potential are also rising at this time. For example, regional chain, artificial intelligence, cloud computing and other industries have not only become emerging industries in China, but also information industries supported by national policies.
Seeing such business opportunities, Zhang Zhenxin immediately smelled infinite business opportunities. Because he was a guarantee company in his early years, he saved a lot of economic strength for himself. So he invested more than half of his property in these industries. With the support of national policies and strong capital strength, Zhang Zhenxin has successfully become one of the emerging industries, and earned more and more during this period. Zhang Zhenxin has hardly encountered any difficulties on the road of investment. He is always glib and observant, as if God loves the child especially.
Zhang Zhenxin's corporate industry is getting bigger and bigger. He has not only become an economic leader in these emerging industries, but also developed many high-tech and high-quality scientific research products. After applying for a patent, it became a magic weapon for Pioneer Group to make money. It stands to reason that such a company has abundant funds and stable technology, and it is also an emerging industry in China's economy. If it wants to expand production, it's incredible. However, just like the growth process of Zhang Zhenxin Pioneer Group, its decline came quickly.
Zhang Zhenxin can earn more money from almost every investment, and this time he turned his attention to p2p. Like previous investment projects, p2p is also one of the industries strongly supported by China's policies.
Because it started much later than artificial intelligence and intellectuals know very little, many investors who want to fish in troubled waters have gathered their eyes here. This time, the goddess of fortune didn't care for Zhang Zhenxin again, and even pushed him into the bottomless abyss once and for all.
Although the prospect and direction of p2p investment are bright, the premise is that investors need to be cautious again. Because p2p investment projects actually face many difficulties, many people who want to get rich by p2p have suffered endless losses from the beginning.
A clear-headed person would withdraw his capital in time from the beginning, but Zhang Zhenxin didn't believe it. He just feels that he has invested too little. If he increases financial support, p2p will definitely become a new money-making industry.
However, Zhang Zhenxin's dream is doomed to fail, but in just a few years, p2p has brought losses of nearly 654.38 billion yuan to Zhang Zhenxing. Prior to this, many people estimated Zhang Zhenxing Pioneer Group. His company covers a wide industrial chain and has a lot of loan information. The assets flowing in the company probably exceed 300 billion. Although it looks huge, it also has a lot of loans.
The huge loss-making project and the debt due soon made Zhang Zhenxin really understand that he was really going to face a loss this time.
The only option is delisting. However, the problems after Zhang Zhenxin's delisting accelerated the demise of Pioneer. No matter how much it spent on the blockchain, it failed to recover the loss of P2P, and it continues to lose money.
Because of this gambling, Pioneer Group suffered heavy losses, and Zhang Zhenxin was even more depressed after being hit. More importantly, foreign media seem to have noticed the problems of Zhang Zhenxin Group, and there are countless articles and reports at one time. Although Pioneer Group did not respond, the company did encounter a "disaster".
Great pressure was placed in front of Zhang Zhenxin, who drank wine all day in London, England, but this behavior didn't help. Later, he died of alcoholism, and Pioneer Group once again encountered the most difficult moment in history.
Within a few days after Zhang Zhenxin's death, many executives related to him deleted all the content about showing off wealth in their Weibo and friends circle. Some people speculate that these executives have secretly transferred their funds overseas, while others think that Zhang Zhenxin's death this time was not an accident, but a fake death. Because some people say that Zhang Zhenxin has transferred more than 300 billion of its assets overseas and is waiting to "die" to avoid these debts.
It is impossible to know whether it is true or not, but after Zhang Zhenxin's death, all the debt information he left before his death was made public. As of June this year, the loan balance of Pioneer Platform was about 70 billion yuan, the balance of online lending platform was 45 billion yuan, the balance of online lending platform was 6 billion yuan, and the balance of private equity fund was 20 billion yuan. Pioneer also borrowed $3.6 billion from Huiyuan Group. Huiyuan's failure to sell assets resulted in its debt of11400 million dollars, and it was unable to repay Pioneer's debt of 3.6 billion dollars.
Due to Huiyuan's inability to repay pioneer debts, and even taking out various juice products to pay off debts, a large number of pioneer investors demanded Zhu Xinli, chairman of Huiyuan, to pay off debts. Behind these shocking figures, Zhang Zhenxin, who was once alive, is taking care of them. However, he left this world without any attachment, but left a complicated debt dispute for future generations to deal with.
Throughout the ages, countless businessmen have made their fortune by means of investment and economic bonds, and the rise of countless businessmen has changed the trajectory of their lives. However, Zhang Zhenxin's premature death is not a case.
On the other hand, people like Zhang Zhenxin undoubtedly have excellent economic talent and positive attitude towards life, which makes them turn their attention to economic means such as investment and securities. However, the economic risk is too high. For example, in order to let his company have more capital inflow, Jang Jin Xinhui went to various places to make guarantees and borrow debts.
He can get a lot of interest from the huge liquidity, and he can also get more benefits by borrowing from others. At the same time, with a large inflow of funds, he has more financial resources to invest.
This huge capital flow is the ultimate password of his wealth. However, the loan will eventually be repaid. Once the capital chain of this bond relationship breaks, the company will face too many risks.
It's like an economic bubble. The liquidity in the lending relationship is nothing more than gorgeous foam. The bubble expands to a certain scale and will burst one day. Pioneer Group is like a bubble in the economic tide, and there is no stable road to ups and downs.
It is true that bond trading has become a very important means to acquire wealth in today's economic life, but Zhang Zhenxin's quick success and instant benefit cannot really penetrate the lifeblood of economic ups and downs. In business, the concept of sustainable development is the basis of investment, and God's luck is only the tip of the iceberg of the business wave.