The following is the latest development of media reports:

Source: China Business Network 2116-16-13 Collection: 1 Comments: 1

China Business Network comprehensively reported Wangzhou Fortune, which once staged the farce of Chairman Yang Weiguo's "losing contact" and returning, is still trapped in the crisis of overdue payment. In fact, after being suspected of "self-integration", Yang Weiguo is still in the detention center in Hangzhou, and all the industries of Wangzhou Group are in an empty shell state. According to media reports, Wangzhou Group only has an asset value of about 1.25 billion yuan. Now, according to statistics, Wangzhou Group's unpaid foreign debts such as principal and interest are about 2.5 billion yuan. Even if all of them are sold, they cannot completely cover the overdue period.

According to the Southern Fortune Network, the storm of the "one-person limited liability company" Wangzhou Empire has become a typical case of the thunderbolt of the offline financial platform of Internet finance. However, unlike other offline financial platforms, Wangzhou Fortune is only one of the financial links of Wangzhou Group. In addition, it also includes a large number of industrial sectors: big health, catering, real estate, automobiles, supply chain and so on.

As the leader of Wangzhou Empire, Yang Weiguo's ultimate goal is to use this series of various "chain plates" to tell stories and finally go public. The Wangzhou wealth in the "crack" link made the funds he obtained through the offline financial platform flow to the so-called industrial sector and the creditor's rights of small loan companies.

It is reported that after the wealth thunderstorm in Wangzhou, the physical industry of Wangzhou Group suffered a series of "earthquakes", and its assets were greatly reduced. At present, only two parts of the assets of the huge group are still valuable. Part of it is the real estate sector built by Wangzhou Group at the beginning of its establishment. Yang Weiguo had previously spent 221 million yuan to buy a piece of land in Laoyuhang, Zhejiang Province and build a "constant alloy block" commercial real estate. It is understood that the commercial real estate is still in normal operation, and its commercial value has also increased to 551 million yuan, but it includes 51 million yuan in liabilities.

the second part is that there are some real creditor's rights in the small loan companies in the financial sector of Wangzhou Group, with accounts receivable of about 811 million yuan, interest of about 211 million yuan, bad debts other than creditor's rights of about 311 million yuan, and a small loan license.

"If you want to buy, the creditor's rights assets will be about 31% off, worth about 711 million yuan, plus the property of 551 million yuan. Now Wangzhou Group has only about 1.25 billion yuan in assets, and the rest are' worthless'." Cheng Wei, head of external affairs of Wangzhou Fortune No.1 Branch, revealed that he wanted to buy this part of assets at a price of 811-1 billion yuan, and had already started negotiations for a period of time, but the price given by Wangzhou Group was 1.5 billion yuan, which was aborted because the purchase price was not negotiated.

"At present, the unpaid foreign debts of Wangzhou Group, such as principal and interest, are about 2.5 billion yuan, so it is impossible to fully cover the assets at any price." Cheng Wei said.

"Before the accident, Yang Weiguo mainly wanted to set foot in the catering industry and build a Wangzhou chain restaurant, and intended to go public and make another bucket of gold in the capital market as soon as possible." Cheng Wei told me that various industrial sectors and chain stores are the development paths that Yang Weiguo has built for Wangzhou Group very early. If the overall story is rich, it will be listed as a whole. If a certain sector is strong enough, it can also be listed separately. It is worth mentioning that at the beginning of the model, Yang Weiguo once wanted to turn the group into a joint-stock system, but later found that shareholders had different ideas, and it was difficult for Yang Weiguo to control it, so he repurchased shares and created the current "Wangzhou One-Man Empire".

at the beginning of the wangzhou fortune thunderstorm, wangzhou fortune issued the announcement of wangzhou fortune to customers and employees about the loss of Yang Weiguo, chairman of wangzhou group (hereinafter referred to as the announcement) to investment and wealth management customers. According to the "Announcement", Wangzhou Catering Group still has assets worth 2 million to 3 million yuan for various catering projects.

official website of Wangzhou Group shows that the headquarters of Wangzhou Catering Industry Chain led by Wangzhou Catering Group is in Shanghai, and seven operation and management centers have been set up in Beijing, Shanghai, Guangzhou, Chengdu and Hangzhou. Companies in this industrial chain include Hubei Wangyuelou Catering Management Co., Ltd., Zhejiang Dingwangji Catering Management Co., Ltd., Zhejiang Xiao Guang Chen Catering Management Co., Ltd., Shanghai Yuwai Fishing Catering Management Co., Ltd., Jiangsu Maohang Catering Management Co., Ltd. and Beijing Ruxiangzhai Catering Management Co., Ltd.

not only that, in order to take the collectivization route, Yang Weiguo has been carrying out "concept hype" in the later period, and also rushed into this market in the hot stage of film investment, registered and established a film and television company, prepared to shoot an animated film, and invested some money, but it didn't go on in the end. On February 31, 2115, Beijing Wangzhou Culture Media Group Co., Ltd. was established and invested in Zhejiang Wangzhou Film and Television Culture Co., Ltd., Wangzhou Culture Media (Shanghai) Co., Ltd. and Wangzhou Cinema (Hangzhou) Co., Ltd.

Among all the industrial sectors of Wangzhou Group, the "one-man empire" built by Yang Weiguo, the most important one is real estate, which is the real estate enterprise that made Yang Weiguo's comeback to Zhejiang for the second time and shaped the later Wangzhou Group. But the real estate business is now at a standstill. "Real estate is a thing of the past, and now it is no longer involved in this industry." A senior official of Wangzhou Group once said so.

Among the 96 companies involved in the four-tier group structure established by Wangzhou Group, one was established in Hangzhou Liancheng Real Estate Development Co., Ltd. (hereinafter referred to as "Liancheng Real Estate") on October 8, 2118, and its legal representative is Yang Weiguo. On July 9, 2111, the company had a shareholder change, and the legal representative was changed from Mei Fangxi to Liu Rongjing. At the same time, the shareholders were changed from the sole enterprise shareholder of Zhejiang United Real Estate Co., Ltd. to three natural person shareholders, namely Huang Shipeng, Miao Bixiong and Liu Rongjing, in which Huang Shipeng and Miao Bixiong contributed RMB 15 million and Liu Rongjing contributed RMB 31 million respectively.

four months later, on October 1, natural person shareholders were changed from Liu Rongjing, Huang Shipeng, Miao Bixiong and Li Wensheng to Yang Weiguo, Li Wensheng and Liu Rongjing. On June 29th, 2111, only Yang Weiguo and Huang Hao were left among natural person shareholders, but Liu Rongjing was not seen. After repeated capital increase, Yang Weiguo increased its capital to 48 million yuan in 2113.

"Yang Weiguo is a native of Cangnan, Wenzhou. During his time as a teacher, he got the first bucket of gold in his life by relying on his familiar network computer technology. Later, he went to Xinjiang to start a coal mine business and got the second bucket of gold in his life. Later, he returned to Zhejiang and met Liu Rongjing." Cheng Wei revealed that Liu Rongjing is a vital person in the process of building Wangzhou Group in Yang Weiguo.

after Yang Weiguo set foot in real estate, he set his sights on a piece of land in Laoyuhang, Hangzhou, Zhejiang Province. After evaluation, he bought it in the name of Liancheng Real Estate for about 211 million yuan, and developed the real estate on this land, which is now the "Constant Alloy Block", located at the junction of No.12 Provincial Highway and Yuhang Road in the extension of Tianmushan Road in Yuhang.

"There are two tall buildings in the building with constant alloy block I * *, which are connected in the middle of the fifth floor, forming an' H' shape with a total area of nearly 41,111 square meters." Cheng Wei said that Yang Weiguo originally wanted to turn this real estate into a multi-functional comprehensive commercial real estate with restaurants, shopping malls, entertainment and other functions. According to this intention, the fifth floor of Hengju Block is a large shopping mall, of which the sixth, seventh and eighth floors of one building are boutique hotels, and the other building is an apartment, which is still operating in the mode of "renting for sale" until today.

This property is located in a relatively remote area of Hangzhou, and it can only be reached by about 61 kilometers from the airport. Due to the lack of similar properties, it once formed a booming business situation. In Cheng Wei's view, this land is the most valuable part of the remaining assets of Wangzhou Group at present, and its price has increased from 211 million yuan at the time of acquisition to about 611 million yuan today. However, according to Cheng Wei's exclusive disclosure to reporters, the real estate is "carrying" 51 million yuan in debt. He said that the real estate is still under the name of Liancheng Real Estate, and it is operated by another friend Wang Yong who is close to Yang Weiguo.

Cheng Wei wants to buy the land and the commercial buildings built on the land at a price of about 551 million yuan. "One land certificate and four real estate licenses are all bought." Cheng Wei said, but in the end it ended because the price was not negotiated.