Chapter 124 Investigating

From November 21 to April 23, the 18-month industry war, hundreds of companies were implicated, and the total assets involved reached more than one trillion yuan. The whole industry lost hundreds of billions of yuan during this period, and the asset replacement transaction volume exceeded 600 billion yuan, which has become a Chinese industry transfer over the years. The whole thing. As many as dozens of companies have traded to varying degrees, and many companies have been forced to spit out the companies they have eaten, and many companies have been acquired as a whole and withdrawn from the new materials market. According to post-post statistics, New Element Company continued to lead the industry with 2010 billion yuan after acquiring another 210 yuan Erdao company; Fengcheng Company also acquired 18 billion yuan of companies that had been eaten by others, and still sat in the second place in the industry; Xinpeng Company did its best to earn 14 billion yuan. Yuan's contract fell to the fourth place in the industry; Longjia Company's ranking continued to rise. After acquiring another company worth 6 billion yuan, it took the fifth place in the industry and rose by one place. Naturally, the fastest-growing company is Fairy Company. After acquiring Huayuan Company, she successively acquired Huake Company and Junda Company, and then acquired Kaifeng Company worth 24 billion yuan from Shenwei Company, which ranked fourth in the industry, and acquired Huahe Company, which ranked seventh in the industry, in one fell swoop. In addition, the company annexed Xinyuan Company worth 20 billion yuan in June 22, with a total acquisition amount of 87 billion yuan. After this series of acquisitions, after 26 months of entering the new materials industry, after paying 187 billion yuan of acquisition funds, it has become the third largest company in the industry with a market value of 184 billion yuan. Fairy's new materials company has been successfully built in one fell swoop!

A series of acquisitions of Fairy Company are still the most eye-catching in this acquisition. She not only acquired three medium-sized new materials companies worth 84 billion yuan, but also acquired the original seventh-ranked company in the industry at a price of more than 3 billion yuan. This is a big event. A large company was acquired as a whole, which can be called the major news in this competition. In fact, Fairy Company was originally scheduled to acquire Shenwei Company, but Shenwei Company was not willing to change owners, and finally had to reluctantly acquire Kaifeng Company, but even so, it made the industry further realize The huge financial resources of the fairy company. But what puzzles everyone is that the fairy who has just experienced the electronic war and has not recovered can get so much money. Does she have other funding channels? However, from the fairy's financial announcement, everyone knows that these funds were not transferred from electronic companies, and the bank loan was only 50 billion yuan, so some unwilling people grasped the fairy's financial problem and launched a siege of the fairy with the cooperation of many people. The focus of everyone's controversy is the finance of the fairy company, "self-evident". The fairy company is suspected of "tax evasion" or even "illegal misappropriation of funds". This matter was immediately accidentally stabbed into the tax department. Some companies righteously said that they abide by the law, "in order to maintain the authority of the tax law". Ask Fairy Company to further disclose its finances and accept the inspection of the national financial department. The fairy company is rich, and after several large-scale investments, it has naturally aroused the attention of many people. Since some people have come out, many companies and people in society have echoed. For a while, the fairy company has become the target of public criticism.

No wonder everyone is confused about Fairy Company. Since she began to invest, although her income is quite high, the electronics industry has invested more than 300 billion yuan several times. It can be said that she has spent all her savings, although she has gone through investors. The injection of capital, but it can't solve the problem. In July 2019, when she separated the electronics company, the headquarters left only 36 billion yuan, and the debt owed up to 87 billion yuan, but her annual income was only 30 billion yuan. Even if she borrowed money, it was difficult to take out so much money, so there must be a problem. In fact, there are indeed some problems. In the past two years, the company has not had any available funds, but the income is more than 70 billion yuan, and Huayuan Company has spent billions of yuan in the competition. In addition, the bank's contract loans are only 100 billion yuan at most. The problem is that they borrow 800 yuan from Xixing Company for 3 yuan a year. With a capital of 100 million yuan, her available funds suddenly reached nearly 200 billion yuan, which no one had ever thought of. The uninjected part of the acquisition in June 22 reached 30 billion yuan, half of the newly acquired 113 billion yuan has been paid, and the remaining 54 billion yuan will be paid after a year, which makes the Fairy Company only pay 100 billion yuan in the nearly three-year acquisition, and its book capital still holds 35 billion yuan. Yuan, and the bank's contract loan is not used at all. This has to make people wonder about fairies, and the key to this problem is that Xixing's loan is a loan, not a loan. This is a wonderful thing and a controversial place!

In the face of the growing demand in the society, the tax department had to "accomedient to public opinion" and audit the financial affairs of the fairy company over the years. From the date of the establishment of the fairy company to the financial transactions bill of the last acquisition of fairy investment in new materials, it has been strictly reviewed. Fairy Company is very reluctant for the tax department to check the accounts. To be honest, they feel very wronged, but under the roof, they have to bow their heads and finally have to welcome the tax personnel. In May 23, Fairy carried out a big acquisition activity. Before the joy on people's faces faded, it ushered in the first big audit of the tax department since the establishment of the company. The whole company was "modest and courteous" to the tax personnel. However, there seemed to be not many people who welcomed them, because a considerable number of people did not go to work. Because Fairy Company is an investment company that neither produces nor trades with anyone, the amount of money is handed in below. There is no need to pay taxes, and there is no need to evade taxes. The accounts are actually very simple. How much salary is paid to employees, how much is the investment in technology; how much profit is paid by which company pays every year, and each account is Remember it clearly, it's easy to check, and the numbers on the book add up! In fact, checking the fairy's account is just an excuse, and it can only be an excuse. If you really check the fairy's financial problem, there are many places to check. Isn't it going to take years to check the accounts of each joint venture company one by one? For example, checking the accounts of Jinshui Company is not going to exhaust more than a dozen lovely tax workers! In fact, it didn't bother them much. The problem was quickly found out. There was an extra 80 billion yuan on the fairy account, and the staff suddenly cheered up, thinking that they had finally caught a big fish and had a good meal. 80 billion yuan, is the origin really unknown? Of course not. The Minister of Finance presented three loan contracts, including February 21, September 21, both loans of 20 billion yuan, and one loan of 40 billion yuan in June 22. These figures are clear. This is nothing. Companies can also borrow money, as long as it happens. It's enough not to be afraid of difficult to solve the dispute. No one can control it. But the problem is that the loan contracts they found are as simple as nothing. This is simply a gift. If it is a gift, the recipient has to pay a certain amount of tax. If it is borrowed, it has to be repaid at the appropriate time, but the loan is different. If it is not within the deadline, it can be used forever. And the reputation is much better than borrowing money. But what kind of loan is this? There is no repayment period, and there is no interest. This is simply a direct transfer between companies. This is simply a disguised tax evasion. This is simply a loophole in the tax law!

Yes, this is indeed exploiting the loopholes of the tax law. People with a little common sense will know that there is something abnormal in it, and people with a little knowledge of the tax law will find that this is "tax evasion". But this is indeed a loan, a real loan, which is fully in line with the "rules" of the loan. No one can pick out the problem! The people who come to check by the tax authorities are really helpless. They watch tens of billions of yuan of money transferred from one account to another, and tens of billions of yuan of "national taxes" are lost. In fact, someone is more distressed than them, 80 billion yuan. It would be great if he got all his own pockets. Then he would take it out from his own pockets and put it on the fairy's account. But since then, nearly half of the money has been lost and at least one-third of the money has evaporated. He won't do this! The tax department found the problem, but it couldn't solve it. Finally, it had to watch someone take out the money from one pocket and put it in the other pocket without seeing the wind! In fact, Li Mengze is also quite contradictory. After all, this approach is a little lack of justice. If the fairy buys Xixing, it's okay, but it doesn't seem to be good to do that. It's not as good as the current pattern. Anyway, everyone has agreed with the relationship between the two companies, and I feel that this relationship is "good"!

The results of the tax department's investigation immediately came out, and there was no evidence. This result made many people frustrated. How could there be no problem? How did tens of billions of dollars come out? Why don't fairies have financial problems? People are gradually afraid of the fairy company, which is terrible. In 8 years, there has been a continuous investment of 480 billion yuan and a high investment of 60 billion yuan a year. This is amazing. Who can compete with this strength? And now the fairy company doesn't have a few penny of bank debt. How can it not be surprising? After a few years, isn't the fairy even more terrible? Can the fairy still deal with it? People can't help asking themselves.

During the investigation of the tax department, the Fairy Company began to absorb and digest the acquisition results of the past two years. The huge investment of 184 billion yuan had to be converted into actual results. In 26 months, a total of six new material companies were distributed in the three major economic zones, which really kept Fairy Company busy for a while. After a period of investigation, Cao Kecheng, the general manager of Huahe Company, was appointed as the general manager of the new materials company. He transferred some personnel from various companies, and transferred some personnel from the head office and electronic companies to form the backbone of the new materials company. The new company is called Fairy New Materials Company, and its headquarters is also located in B Beijing. . Fairy New Materials Corporation has six branches and an independent research institute with total assets of 190 billion yuan. In order to support the development of the New Materials Company, the headquarters has allocated 20 billion yuan as normal daily expenses. Fairy New Materials has nearly 20,000 employees. In June 23, after borrowing 20 billion yuan from the bank, Fairy finally built a wholly-owned subsidiary, giving him 210 billion yuan for his development. After two years of war, Fairy Company was once again scarred, carrying a bank loan of 20 billion yuan, which made the company's debt as much as 74 billion yuan. The fairy pawned herself again for her subordinate company, but this time she took it off even more. Last time, she left 6 billion yuan, especially without bank loans. This time, she not only used 20 billion yuan of bank loans, but also left only 5 billion yuan from the headquarters. They really "made their money"!

Fairy Company is not very poor. She is just reluctant to ask for money. At this time, the electronics company is already "very" rich. After four years of development, under the command of Lin Yongqi, all branches have undergone technical transformation, and the average annual profit exceeds 20 billion yuan, "This is just the beginning"! Now, Fairy Electronics has accumulated more than 90 billion yuan of pure capital. In addition to the company's normal operating expenses, there are tens of billions of yuan that can be used at any time, which is very rare in the electronics industry. The company's assets have risen rapidly from 205 billion yuan at the beginning of its establishment to nearly 580 billion yuan today, almost 180%, especially its military electronics company, whose assets have risen to more than 50 billion yuan. Lin Yongqi wanted to support the headquarters several times, but until August 23, Li Mengze did not withdraw a penny of profit from the electronics company!

After two large-scale investments, Fairy has established a tough image in the industry and become an unparalleled giant investment company. The average annual investment of up to 70 billion yuan is unmatched by any investment company. Her tentacles have extended to real estate, electronics, new materials, energy, basic parts and other industries, and has become a pivotal force in many industries. Just like a snowball, the fairies are getting bigger and bigger, gradually forming a row of mountains and seas, and gradually developing into an unparalleled huge consortium!