[Epoch Times February 27, 2021]Touted by the CCP as “The First Village in the World“Huaxi Village, Jiangyin City, Jiangsu Province, recently reported that Jiangsu Huaxi Group Co., Ltd. (hereinafter referred to as “Huaxi Group”) appeared”Run“Phenomena, hundreds of villagers lined up in the rain to pay. Some villagers said thatDividendsIt dropped from 30% to 0.5%, which caused panic among the villagers.
A few days ago, some netizens broke the appearance of Huaxi Village “Run“You can see from the video that there are many people lining up outside the building square of Huaxi Village, and many security guards are maintaining order. The suspected accountants in the financial office are helping with the procedures.
In this regard, the spokesperson of the Huaxi Village Party Committee stated that the content of the video is true. It is due to the payment of the foreign investment funds due to the “run” caused by rumors. Huaxi has sufficient funds and there is no problem with the payment.
On February 26, Mr. Li, a villager in the surrounding villages of Huaxi Village, told the mainland cover news that his wife, Ms. Zhang, had invested 200,000 yuan in Huaxi Group in 2018. The shareholding certificate stated that the term was three years.Dividends30%. “This form lasted for many years. Because of the high interest rate, many villagers bought shares at that time, and some of them paid a 5% dividend for one year.” He said.
But starting from the 24th, the dividend of Huaxi Group’s shares changed from 30% to 0.5%. Mr. Li said that he invested 200,000 yuan in shares at that time, and three years later the interest was changed from 60,000 yuan to 1,000 yuan. “Those who are due before the 24th and have scheduled withdrawals can get the money, and after the 24th, they can only get the principal and 0.5% interest.” Mr. Li said.
Since there was no agreement signed at the time of the share purchase and only a share purchase certificate, there is no way to know what to do if the terms are violated. Mr. Li said: “If they said that they would require 30% interest, they would just wait for the phone call. Now they don’t say anything. , Just give so much directly.”
Mr. Zhang, a villager in the surrounding villages of Huaxi Village, bluntly said that he was “cheated”: “The original dividend interest rate was 10%. Later, the staff who handled the payment said that the interest here is 5%. Now, no matter how many years of deposit, the interest has become 0.5. %.”
Mr. Zhang described that by the 25th, the scene was crowded with people. He immediately went to line up and got more than 800 numbers. On the 26th, he got back the principal and 0.5% interest. “It’s good if you don’t rely on the principal.”
According to a report by 21st Century Business Herald, a Huaxi villager who had been working outside since he was school said that his family also went with farmers in neighboring villages, mainly to “raise funds and solicit savings.” He refused to disclose the specific amount, but said that “the interest of the money put in Huaxi Village before reached 10%.”
Huaxi Village, long known as China’s “richest village”, has been heavily in debt in recent years. As of the end of March 2018, Huaxi Group’s total liabilities reached 39.332 billion yuan, with an asset-liability ratio of 68.64%, of which interest-bearing liabilities were 28.486 billion yuan, and short-term liabilities within one year were 20.191 billion yuan. In the same period, monetary funds were 7.682 billion yuan, and the restricted part was 5.073 billion yuan. The funding gap was obvious.
Editor in charge: Xu Menger
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