Xingli Department Store responded to the hoarding of Maotai for profit: it was a normal loan and promised to sell liquor according to the contract

XingliDepartmentStorerespondedtothehoardingofMaotaiforprofit:itwasanormalloanandpromisedtosellliquoraccordingtothecontractRecently,itwasrepo

Xingli Department Store responded to the hoarding of Maotai for profit: it was a normal loan and promised to sell liquor according to the contract
Recently, it was reported that Guiyang Xingli Department Store Group Co., Ltd. (hereinafter referred to as “Xingli Department Store”) consumed Maotai liquor through “mortgage” 2.For 300 million US dollars, there is a suspicion of “hoarding goods for profit” or cashing in wine.Xingli Group responded to the weighing through its official WeChat account on April 24. This loan is normal liquidity debt, rather than hoarding goods for profit or cashing in liquor. The group promises to put Moutai liquor on the market at the retail price as agreed in the contract.More than 160,000 bottles of flying Maotai are used as mortgages. On April 19, 2019, Moutai Liquor Sales Co., Ltd. issued two announcements on the public service platform for bidding and tendering in Guizhou Province.A service provider that supplies a total of 600 tons of 53-degree 500ml Feitian Maotai.On August 1, the same year, three Guizhou Supermarkets, including Xingli Department Store, successfully became the first batch of Moutai liquor superservice providers in the province.Among them, Xingli Department Store won the initial 80 tons of Feitian Maotai liquor.Maotai revealed the “price control” signal in the investment conditions, hoping that the bidders could achieve “controllable product prices, flow can be checked”, and the headquarters should have a unified sales pricing mechanism and price control mechanism. However, Tianyan inspection revealed that Xingli Department Store recently mortgaged 164,404 bottles of 53% vol 500ml Feitian Maotai Liquor (with glass) placed in the modern industrial manufacturing park of Jinhua Town, Guanshanhu District, Guiyang City to the direct branch of Guiyang Bank Co.2.300 million loan contract guarantee, the debt period is from March 25, 2020 to March 24, 2023.It is reported that if the Moutai liquor mortgaged by Xingli Department Store was obtained through the Maotai liquor open tender, the mortgage behavior may deviate from the original intention of the Moutai liquor manufacturer.If the Maotai liquor used for mortgage is not obtained through tendering, the source of the liquor is also worthy of attention.There are also reports that the sales plan and actual sales volume of the successful bidders have not been fully mastered by Guizhou Moutai manufacturers, and it is a great test whether each quarter is hoarded or really out of stock.Committed to put it on the market at a predetermined price. According to the statement of “hoarding for profit” and cashing out with alcohol, Xingli Department Store issued a statement on the official WeChat on April 24, stating that this reference is normal liquidity consumption, not hoarding profitLiquor mortgage cash.Xingli Department Store said that due to the epidemic, cash flow in the retail industry is generally tight.On March 25, 2020, Xingli Department Store applied to the branch directly under the Guiyang Bank2.300 million enterprise working capital credit loans.This loan has been strictly reviewed by the bank and is legally compliant.The purpose is to allow the group to ensure the normal operation of the business during the epidemic, and not to use Mortgage “mortgage” to set aside funds.”Xingli Group attaches great importance to cooperation with Maotai Group, strictly in accordance with the sales contract for sales, and promises that each bottle of Maotai liquor will be placed on the market at the retail price during the contracted sales period.”Xingli Department Store said.However, according to media reports, the Liquor Supervision Department of the Guizhou Provincial Market Supervision Bureau has received complaints about Maotai liquor dealers hoarding and making mortgages on April 23, and is investigating the matter.Guizhou Maotai senior officials also said that the company has paid attention to this matter, but the final press has not yet seen Maotai ‘s response.Xingli Department Store’s troubles and continuous public information show that Xingli Department Store was established in 1995, and the actual controller is Huang Zhiming.On September 6, 2019, Guizhou Enterprise Federation and Guizhou Entrepreneur Association jointly released the 2019 Top 100 Private Enterprises in Guizhou, Guiyang Xingli Department Store Group Co., Ltd. ranked eighth.Despite its strength, Xingli Department Store has been in constant trouble in recent years.Tianyanzha revealed that from 2017 to 2019, Xingli Department Store was involved in more than 20 legal litigation disputes. The types of cases include disputes over portrait rights, disputes over product liability, disputes over labor contracts, disputes over economic compensation, and disputes over infringement of the right to disseminate works’ information and networks.In 2019 alone, Xingli Department Store was subjected to seven administrative interventions by the Guizhou Guanshanhu District Market Supervision Bureau, and three involved the sale of unqualified food.From December 2018 to March 2020, Xingli Department Store had a total of 5 pledge records, and there were 3 valid equity pledges, with a pledge amount of 12.75 million.Sauna, night net Guo Tie pictures Xingli Department Store Group official micro screenshot editor Xu Jingjing proofreading Liu Baoqing