Liu Qiangdong's ice and fire: 6.6 billion yuan in cash, "Mingzhou case" increased punishment and punishment compensation appeal

Produced by radar finance | Edited by Li Yihui | Deep Sea

In the days when he stepped down as the CEO of Jingdong Group, Liu Qiangdong frequently appeared on the hot search. After the huge cash withdrawal has just been completed, the Mingzhou case hearing will appear again in the public vision again.

On the afternoon of June 24, local time, Jingyao sued Liu Qiangdong's sexual assault on civil lawsuits in Minneapolis (the capital of Mingzhou). According to the WeChat public account "Echo Sound", the public hearing will last for 4 hours. For the first time, a large number of video materials, multiple witnesses videos and written testimony are released to the public.

At this hearing, Jingyao's lawyer Will Florin proposed to add punitive compensation for Liu Qiangdong and Jingdong. JD.com's motion was to apply for a substitution responsibility for the employer as an employer.

Jingyao, one of the parties, attended the trial throughout the process, and Liu Qiangdong, who did not show up, submitted a written testimony and was attacked by a lawyer. Will Florin predicts that in the formal jury trial held on September 26, 2022 or on October 3, the parties and witnesses should be testimony in their own court.

In addition to the sexual assault incident of Minnesota, Liu Qiangdong began to retreat behind the scenes since 2018. After entering 2021, Liu Qiangdong successively stepped down as a number of executives under JD.com, and recently stepped down as CEO of Jingdong Group. According to the current data, Liu Qiangdong reduced his holdings of Jingdong Health, JD.com, and reducing holdings of JD.com through Max Smart Limited to 6.631 billion yuan.

Some commented that in the opposite opposite things, Liu Qiangdong enjoyed the wealth and success that ordinary people could not reach, but the other side endured the reputation caused by the "sexual assault case" to continue to be damaged. I don't know if the achievements of his career can be flattened for his big guy like him?

Xu Lei, who guarded Liu Qiangdong, was ambitious and wanted to lead Jingdong to get a share in the field of takeaway.

"Sexual assault case" new punitive compensation

From the arrest of the crime, the US prosecutor decided not to prosecute the criminal prosecution, and went to Jingyao to file a civil lawsuit against Liu Qiangdong and JD.com, and this newly added punitive compensation. No conclusion.

The news shows that the case has gone through non -public trial related to evidence collection for more than a year. This time at a public hearing conducted in Minnespolis, the plaintiff's lawyer Fang added a new motion, which was to add Liu Qiangdong for Liu Qiangdong for Liu Qiangdong Punitive Damages with JD.com.

The law of Minnesota stipulates that punitive compensation needs to be submitted separately after the case collection stage.

In the aftermath interview, Jingyao's lawyer said, "In Mingzhou, you cannot directly ask for punitive compensation, but when you file a lawsuit, you need to obtain evidence from the testimony and the case itself, then organize these evidence, and then be in addition to another other ones. During the hearing, the court is required to add punitive compensation to your claim, so these parts have not been submitted at the beginning. When the appeal was initially, we asked the court to support the losses of jingyao, including emotional trauma and spiritual psychological and spiritual. pain."

Therefore, at the hearing, jingyao showed new evidence, indicating that he was eligible to provide punitive compensation requirements. So what evidence is announced?

JD.com's testimony of the American driver hired. The driver said that in the past few days when he was a driver, he saw that Liu Qiangdong was a very powerful person, and everyone respectful of Liu Qiangdong.

The testimony of the female waiter in the Japanese restaurant that dinner that night. The female waiter said that jingyao was constantly filled with alcohol and flushed, and it was obviously uncomfortable. She handed a cup of hot tea.

Liu Qiangdong's written testimony, he acknowledged in the dinner and car, jingyao never made any behavior to say that she wanted to have sex with him, and he just felt that jingyao was very friendly to him.

There is also jingyao who attended the hearing. In the recording video, she said, "I have never expressed my consent, I kept refusing."

JD's lawyer requires JD.com's responsibility in this case. This is also the second time that this kind of motion has been proposed. JD.com believes that no matter what happened in the jingyao apartment, it has nothing to do with Jingdong, but Liu Qiangdong's personal behavior.

According to Jingyao's lawyer Will Florin in the interview video, the difference is that JD.com is not not responsible for Liu Qiangdong this time, but JD.com does not need to be responsible for it.

However, Jingyao believes that many evidences show that JD.com has paid the dinner and driver's costs. JD.com's international marketing supervisor organizes a dinner. Liu Qiangdong's functions as one of JD CEOs are to establish a relationship with business partners through wine tables.

Will Florin believes that they are in an advantage. The interrogation scheduled to start on October 3 or earlier September 26. If the judge approves his motion, they will have the opportunity to investigate Liu Qiangdong's personal assets, JD's assets, and various non -public financial information.

Looking back at the timeline of the case, at 11:32 on the evening of August 31, 2018 local time, Liu Qiangdong was arrested by the local police station of Henen Ping County, Minne Plus, Minne Plus. At 4 pm local time on September 1, Liu Qiangdong was released. On December 21, 2018, the Office of the Prosecutor's Office of Henen Ping County, Minne Plus City, USA announced that the case of Chinese businessman Liu Qiangdong's suspected sexual assault was not criminally prosecuted due to insufficient evidence.

In April 2019, Jingyao filed a civil lawsuit against Liu Qiangdong and JD.com in the civil court of Hennen, Minnesota, accusing Liu Qiangdong's sexual assault, beating and illegal imprisonment, and requested compensation for more than $ 50,000.

On April 6, 2020, Liu Qiangdong responded and submitted the defense. On April 27 of the same year, the judge rejected Jingdong Company's request to lift Jingyao's prosecution against JD.

Liu Qiangdong retired to the second line to cash 6.6 billion

After the "Mingzhou Incident", Liu Qiangdong rarely showed up, and gradually stepped down from the key positions of JD company, and gradually retired from the stage.

On November 18, 2019, JD Cloud Computing (Beijing) Co., Ltd. changed its industrial and commercial changes, and Liu Qiangdong stepped down as manager.

On April 4, 2020, JD.com's operating entity Beijing Jingdong Century Trading Co., Ltd. had a change in industrial and commerce, and Liu Qiangdong stepped down as the legal representative, executive director, general manager and other positions.

On February 19, 2020, JD Cloud Computing and JD Logistics changed industrial and commercial changes. Liu Qiangdong stepped down as a number of company managers; in July 2020, Liu Qiangdong successively withdrew from 21 company manager/general manager. Positions, including 8 trading companies, 4 logistics companies, 2 cloud computing companies.

In September 2021, Liu Qiangdong stepped down as the president of Jingdong Group, and the successor was Xu Lei, the "No. 2 figure" of Jingdong.

On April 7 this year, JD Group announced that Xu Lei, president of JD Group, will replace Liu Qiangdong as CEO (CEO) of Jingdong Group. Liu Qiangdong will continue to serve as the chairman of the board of directors, committed to the company's long -term strategic design, major strategic decision -making deployment, young leader training and rural revitalization cause.

According to the data, Xu Lei has been in JD.com for more than 10 years. He has successively served as CEO of JD Group, chief market officer of JD Group, head of wireless business department, and head of the marketing department of Jingdong Mall.

Liu Qiangdong, who was out of office, was not idle. In the past two months, he opened the crazy cash out mode.

According to recent disclosure of the US Securities Regulatory Commission, Liu Qiangdong reduced its holdings of 4.5 million ordinary shares in JD.com on June 17, worth about US $ 279 million, or about 1.871 billion yuan.

Prior to this, according to the US Securities Regulatory Commission, since May 23, JD.com's institutional shareholder Max Smart Limited has continued to reduce its holdings of JD.com. As of June 16 $ 653 million (about RMB 4.38 billion).

According to the prospectus of Jingdong Group, Max Smart Limited is the only director of the British Virgin Islands company that Liu Qiangdong benefits through trust. This means that Max Smart Limited is an investment company controlled by Liu Qiangdong.

Combined with the end of April and early May of this year, JD.com's health value exceeded HK $ 440 million (about 376 million yuan) of stocks in early May this year, and Liu Qiangdong's cumulative 6.631 billion yuan in the past two months.

In May 2020, Liu Qiangdong posted an internal all -staff letter with the theme of "who is JD.com". In the letter, he updated the strategic positioning of JD Group, that is, a "technology and service company based on the supply chain" Essence He pointed out that JD's vision is to become the world's most trusted company.

However, for the outside world, who is JD.com is more noteworthy than who JD.com is. Liu Qiangdong once said, "If you lose the control of JD.com, I will not hesitate to sell JD."

So, after surrendering management power and some launch cash movements, Liu Qiangdong's control over Jingdong is still unstable?

According to Jingdong's previous report, as of February 28, 2021, Liu Qiangdong held 13.9%, with 76.9%of the voting rights. Among them, through Max Smart Limited, it held 13.5%, with 72.9%voting rights.

In addition, Tencent holds 16.9%through Huanghe Investment Co., Ltd., with 4.6%of the voting rights; Wal -Mart holds 9.3%, with 2.5%of the voting rights; the employee holding platform Fortune Rising Holdings Limited 3.9%voting right.

In view of Tencent, Tencent has announced that it will allocate about 460 million ordinary A shares of JD Group, which will be assigned to its shareholders. After paying dividends, Tencent's shareholding ratio will be reduced from 17%to 2.3%. Located in Liu Qiangdong.

"Improve life" or enter a new business?

It was 6.6 billion yuan for more than two months. Where Liu Qiangdong's money will be used, it has caused infinite reveries.

As early as 10 years ago, Ma Yun sold more than 90 million Huayi brothers. According to media reports, Huayi Brothers' Secretary Office responded that Ma Yun reduced the 3 million shares of Huayi brothers held by Ma Yun, "to improve life."

Although Ali public relations personnel have denied this, since then, the argument of "improving life" has spread. This time, Liu Qiangdong's handful of holding his holdings will inevitably be curious outside the outside world. In response, some netizens cash it out with the news of "560 million women who buy a house". Recently, local media in Sardinia, Italy said that a Chinese mysterious female rich man paid 80 million euros (about 563 million yuan) at one time to buy a local super mansion.

It is reported that the mansion is located near the port of Emerald Beach, Satin, Italy, covering an area of ​​4 hectares, equivalent to 5.6 standard football field size.

Check information shows that the mysterious rich name is nani Wang. Italian media claimed her background as "China Electronic Business Giant", 33 years old, born in Jiangsu Province, China.

Tianyancha shows that JD Health (HK) Limited, which was established in Hong Kong in December 2018, was named Nani Wang. Bloomberg's information query webpage also shows that the person named Nani Wang is a former member of the former board of directors of JD Health International Inc.

In addition, on February 15 this year, JD.com disclosed an overseas regulatory announcement on the English version of the Hong Kong Stock Exchange. NANI WANG signed the document as a director of Jingdong Investment and JD.com.

Based on this, there is a gossip that Naniwang is a relative of Liu Qiangdong and the above mansion may be held for Liu Qiangdong. But the news was not confirmed.

Of course, there is another saying that Liu Qiangdong's reduction is to expand new business. JD's long -term decision -making right to speak is still Liu Qiangdong. It happens that JD.com has recently announced that it will enter the takeaway platform, adding evidence to this view.

A few days ago, Jingli Jun, CEO of Jingdong Retail, said that JD.com is studying the possibility of entering the field of takeaway. At the same time, he said that he has "considered and studied" the launch of on -demand takeaway services. As for when the service is launched, Xinli Jun said, "This will depend on our ability and when we can establish a talent team."

Some media broke the news that the first stop of JD.com's takeaway business will be selected in Zhengzhou to pilot it. Dada will be distributed. At present, it has been connected to the catering merchants. KFC, Pizza Hut, and Pingbu Yibu have settled in.

Industry insiders believe that JD.com launched an offensive to catering takeaway in order to block Meituan's real -time retail business on the day and the next day business.

However, from the financial report of Meituan, the takeaway business is a thin business to some extent, and the profit margin is not high. According to the financial report of Meituan in the first quarter of 2022, the operating profit margin of Meituan takeaway was only 6.5%.

For Jingdong, although Dada Group has guaranteed the basic ability of instant delivery, if the competition is intensified, a little careless takeaway business may fall into a loss. JD.com formed financial pressure.

Therefore, from the perspective of many analysts, JD.com's stirring takeaway field, or gimmicks is greater than reality.

- END -