Beijing has a magical neighborhood called Beijing Pixel.
He said that he was magical because this was a real estate during the 2008 Olympic Games, which belonged to the commercial and residential DUAL-use LOFT apartment type (known as buying one floor and getting one floor free), but it was not a commercial water and commercial electricity.
It is said that the property is extremely poor, and there is a classic comment in Baidu Tieba that "rain leaks in summer, and heating is not hot in winter".
This building looks like a honeycomb, with more than 9,000 houses and nearly 30,000 "North Drift".
Therefore, it has become the community with the highest turnover rate in Beijing, and the price in this community has fallen sharply.
The deformed design of commercial and residential use is due to purchase restrictions.
There is no restriction on the purchase of commercial property, but the property rights of 50 years can also make an office address for their own enterprises, which is quite popular with North Drift.
On the first floor, every household is a small shop, and every house, from restaurants to laundry rooms, hangs billboards.
The green belt in the middle of the community is covered with weeds and a few worn-out bicycles are thrown, which is called a dirty mess.
Some time ago, this community once again came into people's sight, because its developer Zhonghong shares boss Wang Yonghong ran away.
Zhonghong shares also with wang Yonghong delisting, a listed company with overdue debts of tens of billions of yuan also disappeared.
01
Wang Yonghong, born in Jiangxi in 1972, lives in a family of civil servants, and his father once served as a leader in the Agricultural Bureau.
Wang Yonghong could have easily found a job through his father's relationship.
But he did not become a civil servant, but chose to go to Beijing to work.
Wang Yonghong, who graduated from university in 1992 and chose to work in Beijing, worked with a Taiwanese boss as a car cleaner and gas station worker, a job Wang Yonghong did for three years, and he decided to start his own business.
Wang Yonghong first opened a car cleaning company, and the heavens took care of him, and his business was getting better and better, and he made more and more money.
So he opened another gas station, and the gas station is also a money-making business, and Wang Yonghong has become bigger and bigger, opening several gas stations in Beijing.
At the stage of China's real estate reform, Wang Yonghong aimed at the real estate market.
Wang Yonghong made a great determination to sell all his gas stations and used the money to buy 600 acres of land in Changying, Beijing.
At that time, people thought he was crazy, but it was this piece of land that became the key to Wang Yonghong's family's prosperity.
The 2008 Beijing Olympics seemed to have changed the fate of all Beijing's people.
Since then, the housing price in Beijing has doubled, and the price of these 600 mu of land has doubled 10 times after ten years, from a few hundred million to several billion.
Once a teenager jumped to fame and became a rich man, this is the peak of his life.
02
Becoming famous at a young age, Wang Yonghong began to show his fists in Beijing, leading his real estate company to successfully list.
Successfully listed companies raise funds from a variety of channels that can be used. Wang Yonghong used this money to invest in many industries, such as film and television, games, etc., but these investments basically only saw the splash and did not turn over much waves.
Success is also speculative, and failure is also speculative. A cultural company under Wang Yonghong's Zhonghong co., LTD. was exposed to the news of debt interest default in 2018. Although Zhonghong repaid all the money at the first time, a series of events have continued since then, which has also exposed Zhonghong's financial risk problems.
Zhonghong's Hainan Ruyi Island project was fined 37 million yuan for illegal reclamation, which directly led to a loss of 37.33 million yuan for Zhonghong.
In some details of Xu Xiang's manipulation of the securities market disclosed in 2017, Xu Xiang, alone or in collusion with others, conspired with the actual controllers of 13 listed companies to manipulate stock transactions.
First, the listed company chose the opportunity to release good news, introduce hot topics, and then Xu Xiang pulled up the stock price, and then the two sides conspired to cash out at a high level, and finally the benefits were divided, and Wang Yonghong was also involved.
At the same time, Wang Yonghong's unplanned large-scale development led to the company falling into a whirlpool of funds and falling into insolvency.
Wang Yonghong is a typical example, but he had a plan earlier, he "ate out" the company, leaving only an empty shell, and fled with nearly 6 billion yuan.
When the company officially entered the crisis and executives looked for Wang Yonghong, he was long gone.
And where did Wang Yonghong go? He has already run to Hong Kong with his celebrity girlfriend and hundreds of millions of dollars.
03
After Wang Yonghong left, Zhonghong Group was no longer as beautiful as before.
The company's stock price rose more than 27-fold between 2006 and 2015, but Zhonghong was delisted in December 2018.
At that time, the stock price of Zhonghong Group was only 0.22 yuan per share.
At present, Zhonghong Group is still heavily indebted, because there are many unfinished projects, coupled with the amount owed, it is estimated that it has reached nearly 70 billion yuan.
Wang Yonghong thus threw off the stall, leaving behind the helpless shareholders and employees.
And Wang Yonghong has always been one of the figures in the industry that people talk about.
After he had money, he not only built a private entertainment place, but he also spent hundreds of millions of dollars just to "bubble girls". Wang Yonghong always shows his "local tycoon" temperament all the time, and his shot is also very generous.
In 2017, Wang Yonghong spent 124 million yuan at Christie's auction to auction Yongzheng Pink Qing Shuanglong Zun, and the purpose of his auction of this antique was to give it to a female star named Han Xiting.
Han Xiting once played a role named Yichun in "Jinling Thirteen Chao", and Wang Yonghong has always favored her.
Dramatically, although Wang Yonghong photographed the antique, the two were sued together because they could not pay the remaining HK$120 million.
However, Han Xiting was still impressed by Wang Yonghong and immediately agreed to Wang Yonghong's marriage proposal.
Now Wang Yonghong was arrested and returned to China in the report of the interface, but the figure of the star's girlfriend was missing.
04
A truly beautiful capital market should encourage innovation, allow failure, represent the strongest strength of the national economy, and constantly renew its blood.
Declining companies are slowly eliminated, and more and more high-quality companies are listed, and those who think that they are long-sleeved and good at dancing capital operation enthusiasts, the leverage is too large, and eventually trapped in the break of the capital chain.
In this year, when there is no incremental capital to enter, no one has taken over the market anymore.
For such a listed company, I just want to say a word for the shareholders, roll!