[New Tang Dynasty News from February 28, 2021, Beijing time]Recently, it was advertised as China by the CCP “The First Village in the World“ofHuaxi Village, Jiangsu，Large numbers of villagersIn the rainLong lines in a squareWithdraw money. According to Lu Media, the “No. 1 Village in the World,” which once “lived in villas and equipped with luxury cars,” went bankrupt due to a huge debt of 40 billion yuan and a thunderstorm.
According to a report by NetEase on the 26th in the mainland, Huaxi Village originally had families living in villas, driving cars, and saving tens of millions of dollars. This was promoted by the authorities as “a banner for the construction of a new socialist countryside.” But 30 years in Hedong, 30 years in Hexi, and today’s Huaxi Village went bankrupt.
According to Sina.com, Huaxi Group, a subsidiary of Huaxi Village, has gone bankrupt, with total assets of 54.2 billion and liabilities of approximately 40 billion. Several videos provided by netizens show thatLarge numbers of villagersA long line of hundreds of meters waited for the money.
Netizens said that many people lent funds to Huaxi Village, but Huaxi Village has gone bankrupt and is unable to make the repayment. At present, the local SASAC has stepped in to take over, and the government has supervised and raised funds to gradually return the investment funds of the people. But the villagers waited anxiously in long queues, rain or shine.
However, the current report by Sina “Debt 40 Billion Thunder!The First Village in the WorldThe Mystery of the Bankruptcy of Huaxi Village: A New Socialist Countryside Transformed into a Feudal World” has been removed.
[China’s “No. 1 Village” has a run]
In Huaxi Village, Jiangsu Province, which has the title of “The First Village in the World”, a large number of villagers have lined up outside the village office building to withdraw funds in the past few days. The spokesperson of the Huaxi Village Party Committee hurried to clarify to the mainland reporters that the film is true and that the foreign capital is due to be redeemed, but Huaxi has sufficient funds and there is no problem in redemption.
Online video#Huaxi Village#大鬬饭#Common prosperity pic.twitter.com/8w4U6h4jh3
— Radio Free Asia (@RFA_Chinese) February 26, 2021
Mr. Li, a villager who lined up at the scene, said that starting from the 24th, the dividend of Huaxi Group’s shareholding has changed from 30% to 0.5%. The reason is unknown, causing panic among the villagers.In the rainLine up to pay.
Mr. Zhang, a villager around Huaxi Village, thinks he has been deceived. The original dividend rate of Mr. Zhang’s investment was 10%. But now, no matter how many years of deposit, the interest has become 0.5%. That is, at that time, I invested 200,000 yuan in shares, and after 3 years, the interest changed from 60,000 yuan to 100 yuan.
On the morning of the 24th, when Mr. Zhang arrived at the scene there were not many people, so he made an appointment for withdrawal on the 26th. On the 25th, Mr. Zhang said that the scene was crowded with people, so he immediately went to line up and only got more than 800 numbers. Go to the line again at 8:30 am on the 26th to get back the principal and 0.5% interest. Although he has many doubts, he has no place to ask, and he is afraid of not getting the money.
Mainland China Caijing magazine quoted an investor as saying that he kept the money in Huaxi Village for 3 years. At that time, the village promised an interest rate of 10%, but after queuing for a few hours on the 24th, only the principal was returned.
A person familiar with the matter revealed that the funds previously in Huaxi Village could not get cash and could only be consumed within Huaxi Village.
A person in charge of the Huaxi Village Party Committee replied that it is normal for investors to line up to cash out funds, and it is normal to have concentrated cashing at the beginning of the year. But he refused to respond to the reason why the interest rate dropped from 10% to 0.05%, even unable to cash it.
Mao Zuo Freak “The First Village in the World”
Huaxi Village, located in Jiangyin, Jiangsu, is also known as “The First Village in the World” and “Huaxi Urban Village”. As early as 1996, Huaxi Village declared to the outside world that it had realized that every family lived in villas, drove luxury cars, and saved tens of millions of dollars, making it one of the richest villages in China.
Huaxi Village was officially opened as a scenic spot in 1978. In 1999, Huaxi Village’s A shares were listed in Shenzhen and was hailed as the “first rural stock in China” by the Chinese Communist Party’s official media. Jiangsu Huaxi Group Company, controlled by the Huaxi Village Committee, is the main sponsor of the establishment and listing of Huaxi Village Co., Ltd.
In 2005, village official Wu Renbao also appeared on the American Time Magazine as a cover character. In August 2011, Huaxi Village bought the advertising rights of Times Square in New York for US$1 million to promote itself as a famous village in the world. In 2020, Huaxi Village was selected into the “National List of Key Rural Tourism Villages”.
How can Huaxi Village, once infinitely beautiful, have now fallen into a situation of insolvency?
In fact, this village, which has long been advertised by the CCP as the richest man in China, has been subject to controversy under the management of village official Wu Renbao for more than 40 years. The mainland people claim that Huaxi Village is the “first village in the world” of Mao Zuo freaks. They call the development model of Huaxi Village’s “centralization” the epitome of individual centralization, family control, and hereditary system, and criticize the “Huaxi model” as a scam.
In 2007, the mainland freelance writer Wen Kejian, in an article entitled “The Secret of the World’s First Village”, revealed that Huaxi Village is more like a man-made attraction. The village is surrounded by walls and the streets are deserted. There are guards in and out of Huaxi Village. Guard, the 10,000-meter corridor is empty. There are thousands of residents in Huaxi Village, but you are unlikely to encounter them.
In 2012, a reporter from Southern Metropolis Weekly revealed that after an unannounced visit, the biggest characteristic of Huaxi Village is that it adheres to “public ownership”, takes Mao Zedong Thought as its ideology, and sings “red songs” and reads “Chairman Mao’s Quotations” every day. After the Cultural Revolution, the village still adhered to the “people’s commune” system, but in other words, it took the path of “common prosperity”.
On March 18, 2013, village official Wu Renbao died of lung cancer. An online article revealed that Wu Renbao established a “maverick” family-ruled village in the world by building a “red economic chain.”
According to research data by Professor Zhou Yi of the Department of Sociology of Fudan University, the available funds at the disposal of Wu Renbao’s four sons accounted for 90.7% of the total amount of Huaxi Village, while ordinary villagers earn more than 1,000 a month.
Villagers and workers in enterprises have almost no holidays. They have to go to work on Saturdays and Sundays. There are only two days off during the New Year. Villagers have to ask for leave from the factory when they go out. Villagers are under centralized management, contact with outsiders is strictly forbidden, and they must ask for instructions even when entering and leaving the village.
If the villagers want to use the money in their share funds, they must apply to the village committee, and the village committee can only withdraw it after discussion and approval. Except for the limited pocket money, the villagers need the approval of the village to allocate other expenses. Once they choose to leave the village, all their property must be kept.
In 2012, the writer Wen Kejian wrote in the article “The Failure of Huaxi Village” that the economic prosperity of Huaxi Village is no longer sustainable. Many industrial sectors under Huaxi Group rely on the transformation of political resources and lack market competitiveness. Dissipation of resources, as market competition intensifies, the performance of these companies is not satisfactory.
The 328-meter skyscraper in Huaxi Village, like a cost black hole, continues to erode the limited profits of other industries in Huaxi.
The article says that the decline of Huaxi Village has additional significance. The decline of Huaxi Village has become the decline of socialism and collectivism. The existence of Huaxi Village was originally a comfort to those old souls who still have illusions. Now this comfort symbol is no longer reliable. People must make a choice for the future.
(Reported by reporter Li Yun/Editor in charge: Zhu Xinrui)
This article URL: https://www.ntdtv.com/b5/2021/02/28/a103063779.html
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