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Yan Xiaoqun: ebb Sweet Sweet Group is the successor of new technology start-up companies in Nanjing, was formally established in August 20, 1992, by the Chinese Academy of Sciences set up Southern Information Industry Group, Yan Xiaoqun served as general manager. Because of Chinese Academy of Sciences in 1993 after withdrawal into a private nature, Yan Xiaoqun chairman of the board. Yan Xiaoqun after taking office, shot the acquisition of Shanghai Science and Technology, China Textile Machinery, Little Swan, ST Changling and other listed companies, formed in the capital market famous "Sweet system." Sweet heyday several provinces throughout the empire, industry of environmental protection, media, retail and more than a dozen areas, after five years of painstaking efforts, careful layout, the industry has almost tentacles extend to all popular industry. Is the so-called ebb. A paper notice Shanghai Science and Technology, Nanjing Sweet disclosed affiliate group occupied its 382 million yuan of funds, Sweet crises that face a number of banks around the country dun. Then I discovered Sweet essential to the project involved a loss in the end. So far, Sweet's real capital flows, is still not fully clear. Recently, the Little Swan Notice that due to "Sweet line" paid as agreed, the final phase of share transfer section, and because they take up the Group occurred Sweet Little Swan Group, Shanghai Science and Technology and the issue of funds subsidiary, Wuxi City, State funding Committee asked the "Sweet Series", Xi'an postal and Sweet Group will hold its Little Swan Group, respectively 24.38% and 8.64% of the shares returned to the SASAC, Wuxi, and assume the corresponding breach of contract. This means that the SASAC will regain control of Wuxi Little Swan Group, "Sweet series" Little Swan Group, the equity holders of the ratio will drop from the 82.22 percent to 49.2%, loss of control capability. Debt and litigation-ridden Yan Xiaoqun lost in the textile machinery and small swans both the actual control of listed companies, but not admit defeat in the "capital master the operation of" ready to lead the "Sweet Line" once again struggling to a Bo. 10 20, to resolve the related parties occupy more than 600 million yuan capital Shanghai Science and Technology, Yan Xiaoqun controlling shareholder of Shanghai Science and Technology Xi'an Technology Investment Co., Ltd. intends to use the postal and non-cash assets?? Yangzhuang Dongshan iron ore and silver ore prospecting and on behalf of affiliated companies under the control of Sweet Shanghai Science and Technology to repay all the debt. Yan Xiaoqun now has a profound understanding of financial issues to take up the seriousness of listed companies, but too late, too late. Comments Sweet Little Swan is the cornerstone of the Group, as long as a small swan still, Sweet groups have stood up opportunities, Wuxi city government to recover control of the Little Swan Group, the right to a foregone conclusion. Arbitration on the Sweet case in this paper is a heavy blow pressure off the "Sweet Series", the last one chain. ----- Shanghai Modern Urban and Regional Development Institute Fellow Concrete on And other similar entrepreneurs, tragedy of the Yan Xiaoqun is an inevitable result. Due to two reasons: First, use leverage to acquire large numbers of "bad" company, Second, M & A in China's financial environment is very bad. Western countries can take leveraged buyouts and junk bonds issued ways to avoid the risk of the acquisition, but our country do not have access. Commercial Bank "General Rules on Loans," there is a prohibition: bank credit equity investment funds shall not be used. ----- Beijing is a little strategy management consulting firm Jun Yi Xinan 2006 7 months, Nanjing Sweet Group chairman Yan Xiaoqun, in his "No doubt age" to end the tragedy in the form of his five years in the capital markets and heroic conquests. Criminal detention from the outgoing message to Sweet Group and another party official rumor Shanghai Science and Technology, capital chain rupture is to make Sweet chairman Yan Xiaoqun entangled into a year of pain and trouble. The e-commerce company in China offers quality products such as China X-Ray Flaw Detector , Penetrant Testing Manufacturer, and more. For more , please visit X-Ray Flaw Detector today!
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