According to relevant media reports, on the morning of October 19, Soho on Guanghua Road, where Yousheng educations Beijing headquarters is located, was surrounded by crowds, including parents of students and teachers who came to claim refund.
According to some parents of students in Beijing Guangqumen campus, the headquarters of unison education in Beijing has been empty, leaving only tables, chairs and benches stacked together. On the afternoon of the same day, Chen Hao, founder of Yousheng education, said in a video communication with parents representatives that never run away..
Time finance reporter learned from many sources that due to the epidemic situation, the company has changed its teaching mode to online teaching since February. Many parents have reported to the media that the tuition fees paid to their children vary from tens of thousands to more than 100000 yuan, and they are unable to come back or contact the person in charge of the company.
In addition, superior education still owes employees salaries. On October 20, Zhou Xiao (not her real name), a Beijing employee who has worked in Yousheng education for six years, told time finance that she had not received her salary since March this year, and that she was nearly 50, 000 yuan in arrears. During the past few months, Yousheng education has been collecting money from parents and defaulting on employees wages. On the other hand, it has secretly changed its legal person into a new company. Isnt it clear that it has to run away? Zhou Xiao said.
On October 20, time finance reporter called Yousheng education for many times. As of the time of publishing, the phone was still in the state of shutting down.
The storm of outstanding education debt continues to ferment. Founder Chen Hao said in a video connection with parents representatives on the afternoon of 19 that he will never run away. On the 17th, the official microblog of Yousheng Education published an article that Yousheng has not gone bankrupt, Yousheng still exists, and will get better and better!
On October 20, time finance reporter contacted Mr. Chen, a parent who had bought a course in Shanghai Yousheng Changning campus. Mr. Chen said that his child had been taking classes in Yousheng since grade 6 (mid-2018). At that time, he paid a one-time tuition fee of 66000 yuan, and the tuition fee was deducted at 135 yuan per time. The duration of a single course was about 2 hours. Now that the children are in junior high school, there are still about 40000 yuan of tuition fees that have not been refunded back. The departments that can run in Shanghai have basically run away, and they cant solve the problem.
Ms. Zhu, who bought a course in Shiergong campus, Haizhu District, Guangzhou, told time finance that she bought about 50000 yuan of courses in a lump sum in 2017, and there was about 20000 yuan left in tuition before the epidemic this year. I havent been to the campus since I knew about it. The person in charge there said that it was impossible to return it at one time. It should be divided into 10 periods. But now I only receive two issues. I contacted the person in charge these two days, and the other party didnt reply. Ms Zhu said.
According to times finance and economics, Yousheng education has nearly 1000 stores in campuses all over the country, but there are not many direct stores, and most of them are franchisees. It is worth noting that when the reporter opens the official website of Yousheng education and clicks campus query, it is prompted that this service will not be provided for the time being. According to relevant media reports, the total amount of tuition prepaid but not consumed by parents of Guangqumen campus in Beijing has exceeded 9 million yuan. If this is estimated, the funding hole of superior education may be larger than expected.
In addition to the parent level, excelsior education has been in arrears for a long time.
Time finance reporter learned from Zhou Xiao, a Beijing employee who has worked in Yousheng education for six years, that since March this year, the company has defaulted on her wages for various reasons, and has accumulated more than 50000 yuan. My life has been affected by the delay in paying wages. After explaining the situation to the landlord, he reduced my rent by half for two months. Zhou Xiao said.
During the epidemic period, online courses were given priority to. According to Liu Dan, teachers need computers, pens, microphones, cameras and other equipment for online classes, but the company requires employees to purchase them themselves and will not be reimbursed. On the other hand, the teachers class hour requirements also for no reason from 40 hours a month to 60 hours, if the class hours are not enough, the basic salary will be cancelled.
Several of our teachers discussed salary issues in the group. After a colleague uploaded the chat record to nailing Guangzhou Branch, the teachers were banned. Now all the six teachers in the second palace of the city have left their jobs. Later, we have recovered part of the money through arbitration, but it is still not completely solved. Liu Dan said.
Xia Lin has been working for 6 years since the inception of Yousheng education. In December last year, I was in arrears with my salary, but I didnt pay it. In September of this year, I left my job. During this period, I paid several times, all of which were hundreds of yuan. Some of my colleagues also received a single digit salary. Now we have more than 20 colleagues here who have not received wages, and some have not found new jobs.
Xia Lin showed three screenshots of wages ranging from 300 to 600 yuan to the time financial reporter. It is worth noting that these wages are issued by the payment agency, and are not competitive education.
Wu Li disclosed to reporters that the reason why teachers collectively stop work in these days is that Founder Chen Hao mentioned in a wechat chat with the school heads that all the wages in arrears will be paid on the 15th of this month. Now that they have passed the 15th, we must not like it and can only stop work.
According to the situation of our campus, there are more than 20 full-time and part-time employees, and the total salary from July to October is 220000 yuan. Wu Li said.
From the perspective of equity information, Hongzhi Shengwen, Hongzhi Haoyuan and Yousheng Huihuang are not affiliated. It is worth noting that Hongzhi Shengwen has 16 risk reminders, including seven prosecutions from May to September this year. In May and August, Hongzhi Shengwen and Beijing Yousheng Education Technology Co., Ltd. were sued for loan contract dispute and contract dispute twice. The company also had an administrative penalty for organizing and distributing propaganda materials for winning education at the gate of primary schools.
Frequent problems, backdoor listing failed
Tianyancha app shows that superior education was founded in 2004, not in 1999. Yousheng education has more than 1200 directly operated campuses across the country, and has planned to open 2000 learning centers in the next one to two years. The number of newly opened campuses will maintain a growth rate of 30% - 50% every year.
In terms of domestic education platform, superior education can be called an old brand institution. Chen Hao, the founder, once participated in the variety show you are the only one, and claimed that if employees follow him, they can buy a house in Beijing in two years.
The reporter noted that on October 14, the legal person of Yousheng education was changed from Chen Hao to Tang FangQiong, who is Chen Haos mother and is currently a researcher and doctoral supervisor of the Institute of physical and chemical technology of the Chinese Academy of Sciences. Earlier, on October 13, Taizhou niushilai Education Technology Co., Ltd., with Chen Hao as its legal person, was established with a registered capital of 1 million yuan.
In fact, since January 2020, Chen Hao has successively established four new companies, namely Taizhou youshengniushilai Culture Communication Co., Ltd., Tianjin Hisense Technology Co., Ltd., Taizhou youshengniushilai Culture Communication Co., Ltd. Beijing Branch and Taizhou niushilai Education Technology Co., Ltd.
What is Chen Haos intention to set up new companies with frequent risks of winning education? Some lawyers pointed out that it is possible to run a new company or make the old company bear the debt, but there are many risks in this behavior.
The six-year winning education is not that it has never thought of taking advantage of the east wind of the capital market.
At the end of May this year, Jinzhou Cihang (000587) planned to purchase Yusheng Tengfei, the parent company of Yousheng education, for a price of 500 million yuan, but the deal has not been settled.
Time finance reporter learned that Jinzhou Cihang is mainly engaged in gold jewelry and leasing business. Due to the negative value of audited net profit in two consecutive accounting years of 2018 and 2019, the companys stock was delisted on April 30 this year, and the stock abbreviation was changed from Jinzhou Cihang to * ST Jinzhou.
On October 14, * ST Jinzhou disclosed the performance forecast for the first three quarters of 2020, with a net loss of about 2 billion yuan to 2.6 billion yuan, and a net loss of 2.138 billion yuan in the same period of last year. In addition, * ST Jinzhou also received a warning letter from Heilongjiang regulatory bureau of China Securities Regulatory Commission on September 30 due to inaccurate disclosure reports and other violations.
As a condition for gambling, youshengteng committed to Jinzhou Cihang to achieve a net profit of 20 million yuan in 2020, 70 million yuan in 2021, 100 million yuan in 2022, 140 million yuan in 2023 and 17 million yuan in 2024.
Time finance reporter learned from the equity acquisition proposal that in 2019, the revenue of Yousheng Tengfei was 357 million yuan, the net profit was 53.3952 million yuan, and the total assets was 515 million yuan.
From this point of view, it seems that youshengtengfei can complete the gambling agreement. However, at the beginning of this year, it was reported that nearly 1000 stores across the country were in arrears with teachers salaries, and then the news that tuition fees had not been refunded was revealed. In recent years, Weibo English, dada English, Disney English and other education chain institutions have exploded one after another, and the emergence of the epidemic has accelerated the process. According to time finance and economics, since the beginning of this year, more than 1000 educational institutions have closed down in China, such as Gulu Gulu, yuebaoyuan, Abel English, Jushi Dazhen, and banlun, all of which are marked by arrears of wages and tuition fees. According to other data, from February to June this year, the number of offline training institutions nationwide was 18885, equivalent to nearly 100 offline training institutions written off every day. Source: Time Financial Editor: Jia Honghui read Goldman Sachs again! Will pay more than $2 billion to the U.S. Department of justice to absolve Zhao Benshan, who once spoke for the king of Huoxiang Zhengqi circle, lost 2 billion in 10 years or will change ownership_ NF5619
From this point of view, it seems that youshengtengfei can complete the gambling agreement. However, at the beginning of this year, it was reported that nearly 1000 stores across the country were in arrears with teachers salaries, and then the news that tuition fees had not been refunded was revealed.
In recent years, Weibo English, dada English, Disney English and other education chain institutions have exploded one after another, and the emergence of the epidemic has accelerated the process.
According to time finance and economics, since the beginning of this year, more than 1000 educational institutions have closed down in China, such as Gulu Gulu, yuebaoyuan, Abel English, Jushi Dazhen, and banlun, all of which are marked by arrears of wages and tuition fees. According to other data, from February to June this year, the number of offline training institutions nationwide was 18885, equivalent to nearly 100 offline training institutions written off every day.