Why was Hebei Dawu Group auctioned at a low price?

Shorter, about the so-called three-day enterprise buying Dawu Group, many replies and some answers in the comment area are related to this question. Nobody understood. It's not that the company bought Dawu Group in three days, but that Zhao Andong set up a company to buy Dawu Group! So is Zhao Andong qualified to buy Dawu Group? As long as you pay a deposit of 65438+500 million, you are eligible to buy Dawu Group (the map of the specific auction announcement cannot be found, and the figure of 65438+500 million is correct).

Zhao Andong himself is not ignorant. He is the only public supervisor of Taihang Group, and the director of Taihang Group 100% is also surnamed Zhao. It is no problem for people to have money.

It's a mess I will rewrite the answer. There are some mistakes caused by incomplete data collection in the early stage, including some mistakes in the comment area. I'm terribly sorry.

Sun Dawu, the main controlling shareholder of Dawu Group, and his leadership are mostly street tyrants and village tyrants.

Bullying hawkers and forcibly buying rival hotels.

Village tyrants forced the South-to-North Water Transfer Project Construction Company to subcontract the project and seize the land of state-owned farms. In the end, because the state-owned farm was seized, almost the whole family went to Pakistan and Lebanon, and a series of events that could not be captured continued to ferment. Including an illegal fund-raising, it needs to pay back one billion.

Why is the valuation of a group with 5 billion book assets and many real estate groups only 700 million?

Because a large number of assets involve basic farmland, coupled with the information currently found: Dawu Group has no real estate development qualification, resulting in a large number of fixed assets may be illegal buildings, and even need to clean up basic farmland. The valuation is obviously low. (Correction: It was wrong for me to guess that Dawu Group was about to be in debt of 700 million yuan, because it needed to return the illegal fund-raising of 654.38 billion yuan, and deduct the 700 million fund gap caused by 340 million book cash).

The boss of the new company has no business at present.

But people are closely related to Taihang Group.

On the one hand, they are all Zhao, on the other hand, they are directors, supervisors and the only supervisors who are disclosed (correction: Zhao and Zhao Andong are confused as one person in the comment area because of not paying attention to data collection). There is every reason to speculate that they are closely related, and according to the situation of most enterprises, they can be presumed to be one.

The above is basically a collation of all the facts found on the internet, which basically outlines the whole picture of the facts. The comment area and the original answer are not collected completely, which leads to some speculation errors. If there are still mistakes, I won't delete them. My opinion is based on the last update. I hope you can forgive my previous mistakes.

Can't help but say Sun's abacus. (Correction: His son announced that he wanted to find an investor and sold him a 45% stake in Dawu Poultry Company for 700 million yuan to bid for Dawu Group. The valuation of Dawu Group is only 680 million yuan, which is probably due to the fact that the above-mentioned large number of fixed assets involve the occupation of basic farmland and lack of relevant property rights procedures, resulting in low valuation)

The annual profit is 50 million. Do you dare to value it at 6 billion? It seems that you have been wronged. If you sell 700 million shares for 45 shares, you will not pay taxes. If you give 50 million shares to your shareholders, you will have to pay back the capital in 28 years even if you take 25 million shares. Are you a fool? What's more, the remaining 55% of the shares are in the hands of Dawu Group, and the money has been paid back. Is it necessary to pile up dirt in front of someone else's house after filming Dawu?

Finally, attach a screenshot of the official account of Gaobeidian Court WeChat.

The following is a preliminary answer, and some information is wrong.

midnight

I searched the relevant information again, mainly a few replies from slips, which basically met my guess.

Of the so-called 5 billion assets, fixed assets account for the majority, and fixed assets are unlicensed buildings that occupy basic farmland and have to be demolished. Therefore, the net asset evaluation is only 680 million.

Judging from the information collected so far, Dawu Group has only one construction enterprise under its name, and no subsidiaries with real estate development qualifications have been found. If yes, please provide information. If there is no real certificate at all, a bunch of residents who bought Dawu real estate and illegal hospitals and schools will be finished, and it will immediately become a super problem.

The debt of 700 million yuan is the part that the court ruled to return the raised funds. It is also a cow to say that your company has an annual profit of 5,000 W and dares to value itself at 6 billion.

Look at this pile of answers. I can't take it anymore. Change it.

1, Sun Dawu street fighter, beating vendors, forcibly buying hotels, this is the first time I've seen such an accurate fight (that is to say, it's not any other fight).

2. Chun Dad

3, state farms, South-to-North Water Transfer Project dare to rush (of course, this is smaller than the part that dare not cut)

4. Even industrial injury insurance is not spared.

The participation rate of industrial injury insurance is higher than that of basic old-age insurance.

5. The debt probability of Dawu Group reaches 750 million!

A 5 billion asset, I don't know if there is any valuation, and the temporary debt reaches 14%! Short-term and long-term debts are unknown. . . . A pile of assets in the middle may even be illegal properties that are not qualified to develop real estate and occupy basic farmland!

Looking at this pile of faits accomplis, the local people are estimated to be miserable, such as the incident of dismantling skirts and ladders, the failure to dismantle basic farmland indicators and the quality of houses.

Original answer:

1, Sun Dawu himself is a street fighter, Chun Dad, and there are many judgments and even screenshots that I don't think will be sent out.

2. There are 7,000 houses in Sun Dawu without real estate license, some of which are built on agricultural land. It seems that there is no real estate company under its name, and there may be no certificate. The photographed house is likely to be demolished because it involves basic farmland. For example, in recent years, there have been many things to grow food in cement fields around the country, and the control of basic farmland is not small.

3. It is speculated that the immediate debt of Dawu Group is 700 million, and the short-term and long-term debts are unknown.

The implicit information in the report is that this 700 million yuan can be repaid without entering the auction procedure, and the high probability is that this 700 million yuan is in debt (do you have financial knowledge to interpret it).

4. Dawu Group's valuation of 5 billion is a valuation, and Wang Sicong Panda Entertainment is also valued at 5 billion. As long as it is not realized, it is valuation.