How is Yin Mingshan, the richest man in Chongqing? What happened to Yin Mingshan in prison?

Recently, Yin Mingshan, the richest man in Chongqing, once again boarded a hot search. How did Chongqing's richest man fall into the situation of being forced to pay his debts step by step? Speaking of Yin Mingshan's late bloomer, it can also be called a miracle, but what happened when Yin Mingshan was imprisoned 18? 1938 1, Yin Mingshan was born in Fuling, Chongqing. In that turbulent era, because of the good family conditions, the Yin Mingshan family decided to be landlords, and then he and his mother were driven to the countryside, and the wandering life in Yin Mingshan began ... But in order to survive, Yin Mingshan started sewing business at the age of 12. Two years later, His mother was one of the few enlightened people at that time. She has always followed the educational philosophy of not reading and doing nothing to guide Yin Mingshan, so when Yin Mingshan 14 years old, she went to Chongqing to study alone. He was gifted and intelligent, and was admitted to the best Chongqing No.1 Middle School at that time with excellent results, but when he was only one step away from the university, he was influenced by the policy and went to the right wing. At the age of 23, he was sentenced to counter-revolutionary imprisonment and passed the age of 63. By the time it was finally ordinary, Yin Mingshan was 4 1 year old. With the experience of being a teacher and never giving up his studies in prison, Yin Mingshan's English level is very high. First, I was transferred to Chongqing Design Institute as an English teacher. Finally, he stood out from the competition of 1983 Chongqing Publishing House for open recruitment of editors, and became the vice president from an ordinary editor, which was the first peak of his career. The following story may be familiar to many people. 1985, Yin Mingshan became a bookseller in the sea to everyone's surprise, and the series of Middle School Students' dime series edited by him was a great success, selling 30 million copies in succession and becoming an instant hit in the book market. With this book, Yin Mingshan earned the first bucket of gold of 600,000 yuan. 1992, Yin Mingshan simply gave up the stable book business because he didn't want to be dominated by Xinhua Bookstore. At the age of 54, he invested 200,000 yuan to set up Chongqing Hongda Vehicle Parts Research Institute, which was also the predecessor of Lifan Group. In 2000, 62-year-old Yin Mingshan made the Forbes China 50 Rich List in 2000 with a net worth of 550 million yuan. 2010165438+1On October 25th, Yin Mingshan led Lifan to successfully land in A shares. After listing, the market value of Lifan Group reached 654.38+0 billion, while the value of Yin Mingshan, who owns 80% of Lifan, soared to 8 billion, becoming the richest man in Chongqing at that time. However, in 20 17, when Yin Mingshan chose to step back from the background and handed over the chairman's scepter to professional manager Mou Gang, no one expected that the automobile market in China declined for the first time in 28 years, and Lifan also fell into a debt crisis. Judging from Lifan's performance report, Lifan Automobile does have a tight capital chain. From 20 16 to 20 18, the net profit of Lifan shares attributable to shareholders of listed companies after deducting non-recurring gains and losses was negative continuously, with the highest loss of about 26130,000 yuan. In the column of main financial data in the first quarter report of Lifan 2065438+2009, financial indicators such as operating income and net profit attributable to shareholders of listed companies have been marked-. Among them, Lifan's operating income in the first quarter was about 2.247 billion yuan, a year-on-year decrease of 31.07%; The net profit attributable to shareholders of listed companies was about-97,204,800 yuan, a year-on-year decrease of 257.56%. Previously, in the 20 18 annual report published by Lifan, negative signs also appeared intensively, and a number of important financial indicators once again showed red lights. Among them, the operating income of Lifan in 2065438+2008 was about1130,000 yuan, down12.6% year-on-year; The total assets were about 27.905 billion yuan, a year-on-year decrease of 7.05%. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was about-265,438+0.5 billion yuan, down 65,438+0.047.68% year-on-year. In order to avoid being sold by ST, Lifan's assets on 20 18 were actually a drop in the bucket, because according to Lifan's sales data in the first half of this year, the business of traditional passenger cars, new energy vehicles, lifan motorcycle, motorcycle engines and general gasoline engines all fell off a cliff. At present, Lifan Group is experiencing a cold winter, which not only leads to a sharp drop in sales, but also owes money to dealers and suppliers ... Yin Mingshan, who is over 80 years old, is coming out again. We will wait and see.