2006-04-29 Source Spring City Evening News reporter Xie Wei
After two years of hard support, the building is facing the situation of "falling down", and Kunming Nanyang School has finally ushered in a turning point that is crucial to its future and destiny. Yesterday, Kunming Nanyang School held a briefing to confirm that Yunnan Giant Group will invest 20 million yuan to acquire the school in full and reorganize its assets. The name of the school will be "Kunming New Nanyang School". Liang Jiajiang, chairman of Yunnan Giant Group, promised to repay all debts owed in the past in full as planned.
The debt is as high as 68 million yuan.
It is understood that the acquisition process of Kunming Nanyang School has been completed. Yunnan Giant Group has acquired all the shares of Kunming Xingke Education Investment Co., Ltd. held by the subsidiary of Nanyang Group Sichuan Quantum Holdings Co., Ltd., acquired all the assets of its subsidiary Kunming Nanyang School, and assumed all the debts. It is understood that the total debt is as high as 68 million yuan, including 40 million yuan of "education reserve" owed to parents and debts owed to suppliers and banks. At this point, Kunming Nanyang School was completely decoupled from Nanyang Group and Sichuan Quantum Group in the legal sense.
It is understood that before this, the self-help negotiations between Kunming Nanyang School and more than 60 enterprises all ended in failure.
Two years after his death.
"From 2004 to 2005, Nanyang Group directly or indirectly withdrew funds150,000 from Kunming Nanyang School without the knowledge of the management team, which led to the serious financial crisis of the school from the end of 2004 and the school's operation difficulties." Speaking of Shuai Jianlun, the second boss of Nanyang Group, Mr. Zhang, the vice president of Kunming Nanyang School, suddenly raised his eyebrows.
Under this circumstance, President Huang went to Beijing to negotiate with Shuai Jianlun, and Shuai Jianlun agreed to transfer 4.6 million yuan in four times before February 20, 2004. However, after repeated begging, only 200,000 yuan was in place. "In one year, we wrote 25 reports to Nanyang Education Group, and Shuai Jianlun's reply was the same every time:" I have no money, I can't help it, you can find a way. " Vice President Zhang said.
In the following two years, several principals of Kunming Nanyang School, with the understanding and support of most parents, tried their best to support this declining school. In the most difficult month of June, 2005, 1 1.8 million yuan was confiscated by the school management team, which once again pulled the school back from the brink of collapse until Yunnan Giant Group took over.
Giants enter Nanyang
According to the information provided by Nanyang School in Kunming, Yunnan Juren Group was just established in March this year, with six subsidiaries, including Yunnan Giant Real Estate Development Company, mainly engaged in construction, real estate development, decoration, catering and other industries.
Liang Jiajiang introduced that they plan to inject 20 million yuan into the school, which is mainly used to pay the salaries of faculty and staff from April to September this year, repay the arrears of suppliers and partially expire the "education reserve fund" so that the school can operate normally first. At present, 5 million yuan has been paid, and some teachers' salaries and some suppliers' arrears have been paid.
Liang Jiajiang promised not to collect the "education reserve" and "security deposit", and decided to use all the annual profits, together with the annual subsidy funds of Giant Group, to repay the "education reserve" and bank loan interest from the 2006 school year. The repayment method of "education reserve" is arranged according to the order of the contract expiration date at the time of payment, and 8 million yuan is repaid every year until it is fully paid off.
"I won't take a penny from the school until I pay off my debt." Liang Jiajiang said that the 40 million "education reserve" currently owed belongs to 173 parents, and the amount due this year will exceed120,000. He believes that more than 65,438+0,000 parents in the school pay tuition by installments every year. Calculated by 20,000 yuan per person per year, there is an annual income of 20 million yuan and a profit of about 6 million yuan to 8 million yuan. It is impossible to pay off all debts at once, but you can make plans to pay them off in installments.
Nanyang rebirth still has a dilemma.
Mr. Zhang, vice president of Kunming New Nanyang School, said that although Kunming Nanyang School was reborn through restructuring, it still faces two major problems in the future: enrollment in September this year and the return of the future "educational reserve", and the road to future development is still arduous.
According to some parents, they still support the survival of Nanyang School in Kunming. "As long as we can support the school to continue, we can pay off all debts in the future." Ms. Wang, who paid more than 200,000 yuan of "education reserve fund", said. (End) (Reporter Xie Wei)