Sugar, you bring for alcoholic brand?

Keywords: alcoholic marriage in sugar brand repair brand remodeling

Sugar hand drunk to climb on the way out?

17 may, the alcoholic liquor coming out of the drain-equivalent to the "breaking news". Alcoholic drinks and the subsequent publication of the notice of the significant matters stated: the company recently received from the Ministry of finance in Hunan financial monitoring designed Office of the circular, in accordance with the notification requirement will back three broad categories, 3245 million "leakage" of tax payments. "Ghost" of things including 2004 transfer packaging costs, reduce tax revenues, such as payment of consumption tax leakage, which required additional fees to leak back tax, sales tax, 2272 $ 948 million. As regards the use of the associated transaction tax evasion issue, this time provisionally "yinerbufa". 2002, 2003, for two consecutive years as the alcoholic liquor; 2004 losses realized net profit of $ 3179, "success"; leakage losses equivalent to the exposure, the annual net profit will reduce 2560 million. In addition, investors available company net assets, the cumulative loss limits are faced.

6 July, Hunan Zhouwei, State Governments take the lead in setting up of alcoholic liquor asset liquidation in the leading group of alcoholic liquor. The Secretary of the child name him zhouwei, Governor of the Chairperson and Deputy Head of Division Duchongyan team received a large number of employees to report complaints, of which about liuhong "accident" number. 18 July, the Group employed in sugar in a Beijing accountants in due diligence of alcoholic liquor; July 19, sugar group Deputy General Manager Zhao's group, and once again jishou Hunan talks to the master alcoholic wine details. Previously, in Changsha, both sides have jishou three or four times a secret meeting. The entry in the sugar group, originally unclear drunkard suddenly becomes clear restructuring.

8 September 2006, take up less than two months of the great assets of President Zhao Ping flew to Changsha, instead of at the Vice President of corporate and investment banking division rose in the pine and other departments. On that day, the Hunan provincial Governor Zhou Bohua, Vice Governor of Xu Xian-ping of the meeting, Zhao Ping straight, admits his primary purpose is to investigate some listed companies in the province of restructuring issues. Sources, Zhao Ping this focus in Hunan heard during the great assets of Changsha Office on three Hunan company restructuring plan reporting, drunk wine is one of them.

September 18, alcoholic drinks and the second employee Congress held the second meeting, the meeting adopted the alcoholic liquor company resettlement programmes. The programme successfully passed, the alcoholic liquor is significant. This not only marks the alcoholic liquor reform has made significant progress in the new ' also means drunk wine of steady step.

Shareholder account and litigation, workers ' identity conversion, control problem is believed to be haunted alcoholic liquor reorganization of three major obstacles. Recent indications that these barriers are gradually resolved. In the complete enterprise restructuring and employee identity after conversion, alcoholic drinks and reorganization of the only remaining obstacle is the controlling interest. Recently, the group said in sugar no longer will get drunk wine and 54% of the holdings as a prerequisite for reorganization. This means that the right of the holdings, the parties had reached consensus.

In the proceedings, the Changsha AMC, September 2001-June 2006, ICBC xiangquan group to Hunan branch loans totaling $ 2.48 billion. Xiangquan group overdue, Bank v. it to court, a judgment by the Supreme People's Court, xiangquan group should return principal 2.48 billion and the Bank. In July 2005, Changsha AMC claims the sum of the assignee, and require repayment of xiangquan group.

Changsha AMC that 2002 successful Group acquired xiangquan group holding alcoholic liquor 88 million shares of stock transfer payments totalling 3.53 billion, a successful group should apply the amount of transfer payments to xiangquan group. In fact, the transfer of successful group of gold in the 3 billion directly to the alcoholic liquor for relief xiangquan group over the formation of arrears on alcoholic drinks. Thus finds that successful group and malicious xiangquan group is collusion help xiangquan group avoid debt, undermine xiangquan group creditors, alcoholic drinks and which has been implicated.