Wang Yuejin: The Two Exodus Of "Shoe King"

Before typhoon Morach came, Wang Yuejin once again walked quietly.

Wang Yuejin is the founder, chairman and legal representative of Zhejiang Buli (footwear) group.

In the eyes of peers, he was the leader of the footwear industry in Wenzhou, which grew up with AOKANG, Wang Zhentao, Kangnai's Zheng Xiukang and Qian Jinbo of dragonfly.

"Bully" is an enterprise founded by him. Its early brilliance is admirable: in 1993, it gained "China".

But in this way, he rolled up the "storm" in Wenzhou: the bully group suddenly stopped production, more than 200 workers asked to settle wages, many shoe suppliers asked for payment, and creditors went to the door to chase debts.

His walk reminded people of the five year old smuggling case in Wenzhou, when the bully group was involved.

At that time, Wang Yuejin also quietly walked away to escape the coming storm.

After the first Exodus, Wang Yuejin finally came back to the world and started his two business with the help of the government's "lenient treatment" and the help of his friends.

After this trip, the government and friends also wanted him to come back, "where to fall and where to climb up".

Wang Yuejin's "leaving" Australia

At 9 a.m. on August 20th, Wenzhou's Lucheng industrial district, Buli road 18, Buli group.

The door of the company was locked, and there was no noise in the past.

The two lions in front of the house are carved stone lions of "white jade and mighty lion". They are bathed in the sunshine of summer in the south of Zhejiang.

The four or five patrol members sit inside the iron gate. They are arranged by the police station in Lucheng area to maintain order.

"I want to go in and see it!" the reporter's request was declined by the tour guard, which must be approved by the police station leader.

"The boss's family is gone, and the workers are gone after they get paid!" added the inspector.

A middle-aged man rode around the company on his motorcycle.

He called himself Tang, and Wang Yuejin owed money to his friends. He came to see what was happening.

After that, he stepped on the motorcycle and went away.

The reporter obtained a press release from the Propaganda Department of Lucheng district. At present, the salaries of all the employees of the bully group have been released in full. The follow-up work is in an orderly manner, and the overall situation of the enterprises is stable.

Sources from the public security entry and exit administration said Wang Yuejin had left for Australia in August 7th.

However, for the qualitative analysis of Wang Yuejin's "leaving", the functional departments of the local government have not made any conclusions for the time being.

During a conversation with Jiang Hui, deputy mayor of the town of Shuang Yu, he used "no connection" to express Wang Yuejin's "run away".

At the same time, his wife and children are the core management personnel of the enterprise.

In Jiang Hui's view, the seriousness of the problem is that Wang Yuejin did not entrust anyone to deal with the matter after the closure of the group.

In the view of the industry, if Wang Yuejin let go of the forced bankruptcy of the bully group, it would appear hasty and arbitrary.

On the morning of August 21st, Cai Yunyun, who was responsible for the publicity work of the Propaganda Department of the Lucheng District, contacted the director of the Lucheng economic and Trade Bureau, and learned that the company property of the bully group had been preserved, and the next step would be involved in the disposal of the judiciary.

At this time, Wenzhou bin Du, star Chong, Ou Wang, ort and so on.

More than 200 of the employees of the group are also working in other shoe factories.

{page_break}

He said he was talking about business abroad.

"It's a pity!" Wang Yuejin's shakes shook his head after being exposed by the media.

Xie Rongfang is the Secretary General of Wenzhou shoe leather industry association, and has been in friendship with Wang Yuejin for 20 years or so.

Bully group is the executive vice president unit of the association.

Talking about Wang Yuejin's past achievements and brilliance, she is not too reluctant to praise: "the spirit of Wenzhou bears hardships and hardships", "innovative ideas in enterprise development", "breaking through family management earlier, and introducing professional managers".

"Where to fall and where to climb up!" Xie Rongfang very much hoped that Wang Yuejin would come back and rally.

She also contacted Wang Yuejin through Australia and other overseas Wen business organizations.

Xie Rongfang admits that a few days ago, she received a phone call showing the overseas number, which was called by Wang Yuejin.

"We talked a few words, and he said business is abroad."

Xie Rongfang said Wang Yuejin and bully group owe.

Xie Rongfang believes that the bully group should be able to repay its assets even if it sells assets.

As long as the company can run normally, and then help one by friends, Wang Yuejin does not need to "walk away" at all.

"This time is very sudden!" Zhou Dewen, President of Wenzhou SME Development Association, has always been a very trusted Wang Yuejin.

He said, "he came to me when he was a teacher, had difficulties and troubles, and called me or sent text messages at festivals."

But this time Wang Yuejin ran away from him.

In from August 17th to 20th, Zhou Dewen was on business in Qinghai and received more than 10 calls from Wenzhou, all of which were informed of Wang Yuejin's departure.

Zhou Dewen felt sorry for Wang Yuejin's farewell.

"There must be something wrong with the capital chain!" Zhou Dewen said. Wang Yuejin began investing in mines in Guangxi in 2005. There are copper mines such as tin deposits and other ferrous and rare metal deposits.

But his line is too long and too long, resulting in tight capital chain.

In the first half of this year, Wang Yuejin came to Zhou Dewen and wanted to invite some entrepreneurs to join him.

Five years ago, there was a runaway.

Wang Yuejin, this is the second time "quietly gone".

Five years ago, he also once "walked quietly".

The two time he left Wenzhou could only be known to him.

"Wang Yuejin's reputation has been very good," said Wang Yuejin, Secretary General of the footwear association of Lucheng District, Wenzhou.

But before 2005, the bully group involved a smuggling of cowhide, which made Wang Yuejin frustrated with his main business and began to go downhill.

Xie Rongfang confirmed that when the bully group had the most brilliant production, there were about 8 production lines, but only one or two production lines were produced before Wang Yuejin left.

People in the industry who know Wang Yuejin say that he is very bold and daring, dare to rush, dare to fight, have ideas and drive.

But in his unusual relationship with Zhou Dewen, Wang Yuejin is also a troublesome person.

Five years ago, the bully smuggling case involving the bully group was identified as a major case by the Wenzhou customs.

At that time, processing materials (imported cowhide) purchased by bully group from Guangdong, should be returned to suppliers and exported again after processing according to the regulations.

But Wang Yuejin sold the processed cowhide directly and constituted smuggling.

According to Zhou Dewen, Wang Yuejin got a green card in Australia 10 years ago, when he quietly fled Australia.

With the help of Zhou Dewen and others, Wang Yuejin gained leniency and prosecutors did not pursue criminal responsibility.

"Smuggling really affects the development of the main business of the bully group," Zhou Dewen said.

According to Wang Yuejin, when he was investigated, the bank came to repay the loan, which amounted to about 40000000 yuan.

However, if only from the main business, he can not have billions of bank loans.

And now owe so much money, it should be investment in mineral resources caused by the tension of the capital chain.

According to Zhou Dewen estimates, Wang Yuejin invested more than 2 hundred million in Guangxi mines, and the group's liabilities might be over 100 million yuan.

For Wang Yuejin, Zhou Dewen is his great benefactor.

But he ran away from the great benefactor, and there must be unspeakable difficulties.

But anyway, Zhou Dewen still wants to help him this time.

Zhou Dewen said that such information would be pmitted through friends.

It is understood that Wang Yuejin is a man of nearly two years old.

If this is a calamity, we can only live a life of honey and grandchildren.