Fujian Real Estate Big Big Big Big Big Big Big Big Big Big Big Big Big Big Big Big Big Broken Dist!It was restricted to be able to take a plane, and the daily loss of nearly 6 billion netizens

On July 8th, Mingfa Group's official website issued a confession saying that the group founder and chairman of the board of directors Huang Huanming died at the age of 60.

Huang Huanming is the actual controller of Mingfa Group, a Hong Kong -listed company, and holds up to 83.7%of its shares. As of the latest closing, Mingfa Group reported at HK $ 0.335/share, with a total market value of 2.041 billion Hong Kong dollars. Based on the latest closing price, Huang Huanming's share value can reach HK $ 1.78 billion.

Huang Huanming was born in Quanzhou, Fujian, ranked second in the four brothers of the Huang family, and went to Hong Kong to find opportunities after graduation. In addition, in addition to Huang Huanming, the four brothers of the Huang family also have big brother Huang Lishui, the third brother Huang Qingqing, and the fourth brother Huang Lianchun. However, there are many claims about how Huang Huanming has accumulated the first bucket of gold. One of them was a furniture business in his hometown in his hometown in his early years, but he had to go to Hong Kong to make money because he lacked experience and did not achieve great progress, but he did not get real hammer.

Until 1994, after Huang Huanming founded Mingfa Group, he opened the road of rapid capital snowball.

I have to say that Huang Huanming's sense of smell is very sensitive to the layout of the early real estate market. China Real Estate Daily reported that in 1998, when the planning of Xiamen Qianpu was clear, Huang Huanming was bolder and developed 130,000 square meters of Mingfa International New Town at one time. Not only that, Huang Huanming also obtained a piece of land for one year at a price of 1,600 yuan per square meter, and the floor price of the area reached nearly 3,000 yuan, which once again made him a lot of money.

With a keen vision and operation, Mingfa Group not only extended the tentacles of capital to Xiamen, Beijing and other countries, but also landed in the Hong Kong Stock Exchange in 2009. The listing of Xiamen private housing companies, and Huang Huanming became a well -known rich man in Xiamen. "2012 Hurun Real Estate Rich List" shows that Huang Huanming's family assets reached 8.5 billion yuan, the richest man in Xiamen Real Estate family.

However, since 2016, the Huang Huanming family and Mingfa Group have begun downhill.

In March of the same year, the former Nuclear Nuclear Division Pw, Yongdao, said that because of failure to transfer, sales and transactions, and a number of matters with other companies with the nature of the group, it obtained a sufficient and appropriate audit certificate, so "No opinions" on the company's 2015 financial statements. Immediately afterwards, the Hong Kong Stock Exchange ordered Mingfa Group to suspend trading, and this stop was nearly 5 years.

During the suspension of Mingfa Group, a series of adverse effects began to emerge. In June 2019, the Maanshan Human Resources and Social Security Bureau held a "press conference on the reward and punishment of migrant workers' salary arrears". Mingfa Group (Maanshan) Industrial Co., Ltd. ranked among 8 companies on the list. In addition to arrears of wages, Mingfa Group also continued to have many accidents during this period, causing at least 3 people to die.

At the same time, Huang Huanming has also become a high -end population. In March 2019, the restriction order issued by the People's Court of the Licheng District of Zhangzhou City showed that a dispute over the borrowing contract applied for the implementation of the Zhangzhou Branch of the Zhangzhou Branch of China Bank Co., Ltd., due to the failure of the payment obligations of Mingfa Group (Zhangzhou) Real Estate Development Co., Ltd. The actual controller Huang Huanming executed the restriction of consumption orders, which means that he can't even sit on the plane.

After one year of high -end high, Huang Huanming resigned as the chairman of the board of directors of Mingfa Group, and the reason given to it was very simple. Three months later, the third brother and the fourth brother also stepped down successively. At this point, the four brothers of Huangs have all withdrawn from the management line and hired professional managers to take over.

In fact, from the performance trend of Mingfa Group, you can also see some problems. Although its revenue increased from 2.25 billion yuan in 2015 to 16.4 billion yuan in 2021, net profit was stable at about 1.1 billion yuan a year, and it did not break through in 2021, approaching the 2 billion yuan mark. As for the liability increase of Mingfa Group, it was even more turbulent. In 2016, it was only 47.6 billion yuan, and in 2018, it exceeded 60 billion yuan, but then began to decline, and by 2021, it fell to 54.3 billion yuan.

At least from the perspective of business data, the four brothers of Huang's withdrawal from the management line are correct.

On January 18, 2021, the long -lost Mingfa Group finally returned to the capital market and ushered in a sharp decline. The single -day decline reached 61.38%, and the market value loss exceeded HK $ 7 billion. According to this calculation, Huang Huanming also lost nearly HK $ 6 billion in net worth within a day. Since then, the stock price trend of Mingfa Group has been tepid.

It is worth mentioning that, on June 29, the Hong Kong Stock Exchange issued a statement- "Disciplinary Action of the Stock Exchange to Mingfa Group (International) Co., Ltd. and Four former directors", pointing directly at the Huang family four Brothers, and public condemnation.

The incident started at the end of 2013. Mingfa Group entered into a contract to sell eight villas to the Four Brothers and family members of the Huang family at a price of 189 million yuan, forming a related transaction. However, Huang Huanming was responsible at the time, and other members of the board of directors did not know, and the transaction funds that should have been paid before December 2013 were finally dragged to the end of 2015.

Not only that, the Hong Kong Stock Exchange also pointed out the problem of a number of related transaction funds in Mingfa Group's lag, which also means that its letter has serious loopholes. What is unexpected is that just a few days after the above news disclosure, Huang Huanming, who was the "soul figure" of Mingfa Group, died of illness, leaving only billions of assets and a series of mysteries.

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