A super hardworking rich second generation, capable of making 30 billion thunder. ...

As a post-50s, Zhu Guancheng's first half life can be summarized in two words: "Struggle".

His first job was in a brick kiln factory in Chenliang Town, Funing County, Yancheng City, Jiangsu Province. A few years later, he became a director. Because of his strong management ability, he was transferred to Chenliang Town Chemical Factory as the director. This factory mainly produces compounds of iron, nickel and cobalt. Due to its remote location and inconvenient transportation, product sales are not smooth. By the end of 1990, the chemical plant was on the verge of bankruptcy. Therefore, Zhu Guancheng's transfer is actually a "key order".

I have to say that Zhu Guancheng is quite capable. Under his leadership, the factory launched a 1000 ton rare earth chloride separation production line, which is a rare earth project. Rare elements such as lanthanum, cerium and praseodymium can be separated from the product 16, and the factory turned losses into profits within five years.

Since then, the chemical plant has been restructured, and Zhu Guancheng has fully taken over and become a major shareholder. With motivation, his motivation is certainly more sufficient. He immediately began to attract investment and integrate resources. 1In June, 1997, he established Funing Rare Earth, focusing on deep processing, focusing on the development of total separation technology of medium and heavy rare earths to produce high-purity and ultra-high-purity rare earth products. As soon as the products are on the market, the demand exceeds the supply.

In the "Funing Rare Earth" structure, Zhu Guancheng and his wife Qiu hold a total of 100%, which is actually a family business.

In the following years, Zhu Guancheng began to make great strides in capital operation. Enterprises that have passed the equity investment or actual control include more than ten enterprises such as China Rare Earth, Chinalco Rare Earth (Jiangsu), New Mile Technology and 3D Rare Earth, which are one of the three major business sectors of Chinalco.

In short, in a few years, Zhu Guancheng has also become a big shot in the rare earth industry. Of course, the money at home has also multiplied. However, his goal does not stop there. In the company brochure, there are four words written by Zhu Guancheng: "Aim high" and express your mind directly.

02

This may be said to his son. After all, this once small state-owned enterprise now belongs to their Zhu family, and he also expects his son Zhu Yidong to succeed smoothly.

To this end, Lao Zhu has made great efforts. Zhu Xiao studied in Canada for five years and studied at York University, majoring in international finance and trade.

As a rich second generation, Zhu Yidong was born a winner. Unlike many rich second generation, he is not busy playing super-running and hitting stars every day. After returning to China in 2005, he immediately began to help his father expand his business.

It is said that Fuxing Group has established long-term trade relations with Sumitomo of Japan, Mitsubishi, TAG Heuer, Sony, Tribach of Austria, Rhodia of France, Short of Germany, SK of South Korea and American Molybdenum Company, mostly because of Zhu Yidong, a small employer.

Smart and diligent, such a life is like dying.

Zhu Yidong did a good job in succession, but like many rich second generations, he gradually had different views on his father's business. He thinks that industry is too slow to make money, because he studies finance, and he knows the charm of making money in the capital market, so he begins to turn slowly.

On 20 1 1 year, Zhu Yidong and Zhao Zhuoquan, a Shaoxing native born in the same year, established Shanghai Fuxing Investment Co., Ltd. The company name refers to their hometown, with Fu representing Funing and Xing representing Shaoxing.

Initially, the shareholding ratios of Zhu and Zhao were 565,438+0% and 49% respectively. On April 2065,438, Zhao Zhuoquan transferred 65,438+09% of the shares to Zhu Yidong, and the shareholding ratio became 70% and 30%. It can be seen that Zhu Yidong is the leading company, and the key positions such as the chief financial officer of Fuxing Group are his relatives.

During the period of 20 12-20 15, Fuxing Group established four private equity fund companies in Shanghai: Yilong Fortune, Yutai Investment, Xishang Investment and Easy Finance, covering securities, venture capital and equity. By 20 17, the total assets management of Fuxing Group will exceed 35 billion yuan, and the total trade volume will exceed 30 billion yuan.

This measure is much better than dad's.

03

Doing finance is inseparable from leverage.

Behind Zhu Yidong's rapid expansion is the Sao operation of using capital to sit in the village.

At the beginning of 20 16, Zhu Yidong reached a preliminary purchase intention with Liu Guixue, the original actual controller of Dalian Electric Porcelain, and paid a down payment. But Zhu Yidong was worried that Liu Gui would change his mind and find another buyer, so he discussed with his subordinate Zheng how to eliminate this hidden danger. Zheng suggested that Zhu Yidong buy in the secondary market first, and helped him find the so-called "No.1 trader in North China"-Li Weiwei.

This plan has been approved by Zhu Yidong, and it is as follows:

Zhu Yidong paid, traded in Li Weiwei, and allocated funds to buy shares of Dalian Electric Porcelain in the stock market. If Liu Guixue changes his mind, he can slowly buy shares in the market to eat Dalian electric porcelain. If the acquisition is no problem, restructuring is also a big plus. The share price of Dalian Electric Porcelain will definitely go up and make money by the way.

Therefore, Fuxing Group and Li Weiwei successively controlled the transactions between 25 institutional accounts and 436 individual accounts, such as Cai Yue Trust-Minsheng Shijie No.7 Collective Fund Trust Plan, and used the old methods of bookmakers: false declaration, manipulation of stock prices by taking advantage of information and so on.

By the end of 20 16, the book profit of these accounts has exceeded 600 million.

Once this model is successful, it will be copied. The related parties of Fuxing successively obtained the controlling shares of Dalian Electric Porcelain, Wenhua Media and Huasu Holdings, and then cooperated with local governments to set up industrial funds to integrate local advantageous industries.

(Fuxing has a lot of cooperation with local governments such as Pujiang, Yiwu and Hubei)

On this basis, through official credit endorsement, the acquired assets will be increased and reorganized, and listed companies will be packaged. After the stock price rises, more funds are obtained through mortgage, forming a "virtuous circle" of making big money.

While making money, Zhu Yidong spent money on his hobby-football.

Fuxing Group invested in the construction of "Fuxing Cup" eight-a-side football invitational tournament in Shanghai, which has been held once a year since 20 13. On 20 15, Fuxing also invited albertz, Xie Hui and other stars to hold the "Fuxing Cup" football training camp in albertz.

Later, Fuxing Group also formed the Shanghai Fuxing Team, and Zhu Yidong himself often played together and scored goals.

04

Originally, Zhu Yidong could become stronger and bigger with the help of the rare earth industry, or he could use other people's money to make money from his four private placements. It would be great to make money by playing football and luxury cars in buy buy, but it won't last long, because Zhu Yidong's "pig teammates" are a little restless.

Although Li Weiwei calls himself "the first trader in North China", his sitting level in the village is OK, so Zhu Yidong relies more on him.

But it didn't take long for Zhu Yidong to find something fishy. Li Weiwei used the fund-raising margin transferred to him by Fuxing Group to raise the leverage ratio of fund-raising privately. The extra money was used to trade other stocks, and the account password was changed. Of course, the income is also his own.

Supposedly, this kind of mole should be removed, but Zhu Yidong pointed to continuing to make a fortune by him, so he had to bring Li Weiwei from Beijing to Shanghai to stare.

He bought 40 laptops of Lenovo X 1 model, 20 sets of wireless network cards1and 40 sets of wireless routers, and set up a trading place in the 8888 Presidential Suite of Fujian Hotel, with bodyguards and traders supervising Li Weiwei's operation.

This presidential suite is not cheap.

At the end of September, Dalian Electric Porcelain completed the equity transfer, Zhu Guancheng and his wife became the actual controllers of the company, and Zhu Yidong also released some good news about cooperation with Li Weiwei from time to time.

Being a mole is like cheating and domestic violence, either 0 times or countless times.

Even under the surveillance of Zhu Yidong, Li Weiwei continued to make small moves and increased leverage to trade other stocks, so he was distracted and the trading effect was poor. Dalian Electric Porcelain 10 had a triple negative at the end of the session, which scared Zhu Yidong to use an institutional account to directly reverse and pull the six consecutive positive.

This action attracted the attention of the Shenzhen Stock Exchange, but the Shenzhen Stock Exchange did not speak at that time.

Pig teammates want to cheat people, not just distract them.

2065438+At the end of February, 2007, a stock traded privately in Li Weiwei fell twice in a row, which led to the explosion of the fund-raising account and forced liquidation of Dalian Electric Porcelain, and its share price fell twice.

Zhu Yidong quickly found a reason, and Dalian Electric Porcelain began to suspend trading on March 2.

05

But just dragging is not a problem!

20 17 12.6, Dalian Electric Porcelain fell for four consecutive times after the resumption of trading, and then it went down all the way. The fund raised to help Zhu Yidong leverage was borrowed by the manager's father. How can I pay back the money if I lose it all the way?

At the end of 2065 438+08 10, 18, CCTV reported the case of Zhu Yidong controlling Dalian Electric Porcelain. Dalian Electric Porcelain fell again, which triggered the liquidation of the trust account, and Li Weiwei just used that trust account to trade three other stocks, so he was also forced to liquidate.

In this way, there is no chance to turn over the origin. As of March 28th, 2008, 2065438, the two post-80s operators of Dalian Electric Porcelain lost more than 550 million yuan, and spit out all the 600 million earned in the previous period. The loss is small, and the key things are illegal, so Zhu Xiao has to find another way.

By the end of June, some investors found that something had happened to Shanghai Yilong Fortune and its parent company Fuxing Group.

On June 27th, the office of Bank of East Asia Building, located at 66 Qiaolu Road, Garden City, Shanghai, was closed.

On July 1 day, the official micro-signal of eLong Fortune released the announcement of deferred payment of the income of "eLong-Rare Earth Industry M&A Fund Phase V", confirming that Zhu Yidong, the actual controller of Fuxing Group, lost contact. The police issued an international red wanted order.

It is said that he has a Hong Kong identity besides his domestic ID card, and his name is Zhu Yikun:

It is said that Zhu Yidong transferred many luxury cars purchased by Fuxing Group to relatives at low prices before losing contact, so as to transfer assets. "Before fleeing, he also asked relevant companies and friends to guarantee him to borrow money. He fled overseas with a huge sum of 654.38+08 billion yuan."

In addition, he also bought several properties in Hong Kong, Japan and other places. Now that he's gone, it's even harder to get it back.

However, the police are very powerful. It's only been two months since they lost contact. Just when Zhu Yidong was transferred to the fifth country, the Shanghai police arrested him and escorted him back to China.

06

Why did you catch it so fast? First, the police are awesome. Second, he is really big-hearted, and he doesn't forget to update Weibo when running:

There is really no one here. Do you really think it's nothing?

After the explosion of Fuxing Asset Management Agency, all the financial data and underlying agreements of the company were sealed and filled with a warehouse. "These capital flows need to be merged with these basic agreements. Now it seems that the amount of data is quite amazing, totaling 1.500 cubic meters. "

So the investigation of this case took more than a year, which was really more horrible than expected.

On the surface, Fuxing takes Fuxing Industry as the core, holding a large number of shares in the enterprise, and then takes the company as the main body to design new products and attract investors under its four platforms, namely, Yilong Fortune, Yu Tai Investment, Western Investment and Easy Finance.

But secretly, Zhu Yidong, Zhao Zhuoquan and others first arranged for the staff of the president's office and administrative department of Fuxing Group to register a large number of companies with the ID cards of company employees, relatives and friends. The official seals and licenses of these companies are registered in the archives department of Fuxing Group for centralized management. Most of them are shell companies with no actual business and have no direct or indirect equity relationship with Fuxing Department.

In the name of investment, funds were raised under the banner of "capital preservation", and the money raised by the four platforms was transferred to these shell companies, and finally flowed into several "fund pool" accounts of Zhu Yidong, Zhao Zhuoquan and Fuxing Group.

Fuxing 160 fund products raised 36.845 billion yuan, of which 36.565 billion yuan was misappropriated. These misappropriated funds are used to pay the principal and interest of some products, purchase and pay the debts of the restructured company, stock manipulation in the secondary market, commission incentives, personal profligacy, daily expenses and so on.

Now, this thunder has exploded, and the worst is the tens of thousands of investors who bought these products.

The punishment of the CSRC came out two days ago. Zhu Yidong, then chairman of Fuxing Group, and Zhao Zhuoquan, then president of Fuxing Group, were banned from the securities market for life, and five senior executives of private equity institutions of Fuxing Department, Shanghai Yi Long and Shanghai Yutai, were banned from the market for ten years and three years respectively.

Of course, there are more than these waiting for this "rich second generation". What is the punishment? How long can I be sentenced? We must wait.