Industry Reshuffle Impact Wu Jung-hsien Investment LED Debt

November 12, 2019

According to Taiwan media reports, Wu Zongxian, the world’s entertainment star, was killed! Wu Zongxian became the chairman of the LED business after investing in the cause of the LED industry. Among them, Qin Ding, the defendant who owed Ding Ding’s gold case, was paid back 20 million yuan. He was forced to enforce the law by the Qin court in Taipei. He urgently sealed the property but discovered that Wu Jung-hsi’s debt was considerable and only The remaining South China bank account still has 1.5 million yuan (Taiwan dollar, the same below) deposits, together with the name of the three real estate, have been sealed.

Wu Zongxian (49 years old), who is known as the “printer”, has collected nearly 700 million yuan in 7 years since 2005. The most beautiful scenery is when the annual income is as high as 140 million. During the prime time, he hosts 6 programs and turns on the TV every day. Machine can see him.

Debt of 800 million in rent, but in recent years, Wu Jong-hsi has repeatedly passed on financial difficulties. He once invested in "Alcatraz Island" restaurants, gyms, and hot pot restaurants, and other sub-industries fell. Four years ago, 300 million yuan investment in Al LED technology company LED business failure, owed The salaries of employees have so far totaled approximately RMB 780 million. Although the self-insured debt exceeded RMB 600 million, he said to the outside world: “The debt is almost the same.” Prior to this, Wu Jung-hsiang was only detained on false charges. This is the first time that he has been forced to formally close the assets.

Wu Zongxian originally took the villas and cars, but sold about 400 million yuan in the North City Emerald Villa. He now rents 80 pings of the house. The monthly rent is about 200,000 yuan. He used to love famous cars, but ten million Bentley and Rolls-Royce. Already sold out, the modern LEXUS SUV has been in service for many years and has been photographed out of Xiao Huang or on foot. Although the finances have repeatedly been red, he still has 3 programs on "POWER Sunday", "You Guess" and "Asian Heaven Team Warfare". His monthly income is also 5.2 million yuan. Why is there only 1.5 million yuan in the bank? Puzzled.

The creditor recovers 20 million Wu Zongxian's assets from the court, mainly because of financial difficulties in his LED business. He borrowed 20 million yuan from Dingli Gold Dumpling defendant Qin Hao, and the Taipei District Court was suspected of illegally absorbing 4.2 billion yuan in February this year. Qin’s Qin Shu, who paid for the insurance with 30 million yuan to stop the detention, required Qin to collect the debt as soon as possible to compensate the victim. The Qin’s detention for six months worried that he would be taken into custody again. After his release, he would thoroughly check Wu’s property and found that his deposit was only With the remaining RMB 1.5 million in bank accounts in South China, it has been urgently requested that all deposits be sealed and approved. The money has already been transferred to the North Campus account.

The court seized three other real estate titles under Wu Zongxian's name, including the 150-pyeong basement site where he opened the Alcatraz restaurant in Beibei, and the 24-ping house and parking space on Keelung Road. After the court has verified the price, the auction house will be auctioned off. In addition, Wu Zongxian’s Alpha Corporation and its shares were also sealed by the court and could not be transferred. Because the company has a lot of debt, it could not be auctioned.

It is understood that Wu Zongxian’s investment agency “Alpha International” and “Jack Communication” have been listed as targets for seizure. Qin Hao is now inviting lawyers to investigate the financial status of the two companies. If Wu is found to have assets in these two companies, , will also be asked to seize the auction.

Wu: The financial situation is very good The bank’s only 1.5 million yuan deposit was also seized. Yesterday, Wu Zongxian told reporters: “A lot of 1.5 million yuan, what is your salary for one month?” As for the debt of Qin Yu, he Said: "It is natural to repay debts. Before the court, we had met his company and talked. They did this because they had to cooperate with the court." As for the former site of Alcatraz Restaurant and Keelung Road, Sealed up, he said: "Okay! It's okay, but it won't be their turn to finish, because they also owe people money." The outside world cares about his finances. He only said: "I'm very OK, I'm overseas. Don't waste my money." Then hang up.

Qin Qin lawyer Ma Yinqin said yesterday: “Wong Jung-hsiang seems really should not have the money, or long-term pay off this 20 million yuan, seizure of real estate is bound to auction in the future, but Wu Jung-hsien's house, there should be loans are not paid off, the auction proceeds It will be assigned to the creditor bank first, Qin Hui does not necessarily get the money, and he hopes that Wu Zhongxian can directly return the money to Qin Hao through consultation.”

Today, Wu Zongxian’s investment loss and his rival Huang An said yesterday through his wife Xiao Qiu: “He (Wong Jung-hsien) should be riding a tiger hard, the environment is not good, he is bad luck, and he hopes he can get better soon.” Bai Bingbing, the entertainer’s sister, said with emotion: “ His money was cast into the LED, calling him to break, reluctant to think that the future can be recycled, he was reluctant to let go, will hurt him to spend all his life in the entertainment industry made money into it, and urged him to quickly find a good buyer, can not let go, It must also be put down."

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