August 9, Paul Strong Iron & Steel Co., Ltd. factory in Tangshan the Fengrun happy Zhuang Industrial Park loneliness no one, empty, such as wild, janitor Dozing in the iron fence electric door. Two days ago, to escape news of strong security boss Chen Zhiqiang debt a spread of local creditors who heard the valuable property of the plant in the region to move to grab a empty.
 
"The police station has taken over here to go to the police station of the debt." Janitor uncle said. He said that the factory only a few police station to maintain security. "Two days ago, the debt to the factory to move things, which has not anything left." Open area of ??the factory, a pickup truck carrying a dozen steel gas bottles, car owners are police under the supervision of registration. "The rest of these!"
Tangshan joy Zhuang Industrial Park and Tianjin at the junction of a narrow country road on both sides of the establishment of a number of small iron and steel enterprises. Paul Strong steel founded by Chen Zhiqiang, February 18, 2004, the registered capital of 5 million yuan, legal representative for Chen Zhiqiang. Subsequently, Chen Zhiqiang, in Tangshan, Xinjiang and other places set up a five iron and steel enterprises, including the Wusu Cheow Tong Casting Co., Ltd. and Xinjiang, Hebei Feng Group Co., Ltd.. The funds strand breaks is the first problem because the production and management of the company in Xinjiang, Xinjiang side of the accident, two days before the spread here. "Joy Village Local villagers said.
 
The local township government staff also confirmed this statement, "(Zhiqiang) is the joy of Zhuang people, but the thing is out in Xinjiang." Joy Zhuang police station director said, because it involves a huge amount of money, the case has been transferred in Tangshan City Police Bureau, joy village police station work is to maintain the site. He confirmed that Chen Zhiqiang, has been arrested. Tangshan Economic Investigation Team, dedicated staff responsible for the reception of Paul's strong steel case report said the, Zhiqiang cases involving an amount of more than several hundred million dollars on file for investigation by the Tangshan Municipal Public Security Bureau of Economic Investigation Brigade. The source said most of the informant quoted amount in the 300, 500 million.
 
For many creditors, Chen Zhiqiang, was arrested is good news, but they will also face the fact that Chen's assets may be depleted. Trade and Industry data show that Chen Zhiqiang, "on foot" before embarking on the transfer of assets. Three months ago, May 2, Zhiqiang have insurance strong steel equity transfer to the Chun-Li Wang.
 
So, funding constraints will resell the enterprise to obtain funds or is aware of the funding strand breaks, and take measures to preserve assets? Public information can not be informed of the purpose of Chen Zhiqiang, the transfer of creditors, but from Paul's strong steel plant was evacuated view most likely the latter. If the former, should ensure strong steel is now the owner of Chun-Li Wang stand out to stop the behavior of creditors, and Chun-Li Wang did not do so.
 
Paul Strong steel financial data also point to the transfer of assets or loss. In early 2011, a steel company of strong current assets 47.56 million yuan, but the end of the year, the company's current assets balance of 15.5961 million yuan.



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