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The origin of illegal fund-raising in Huaxi University

From 2002 to 20 12, Huaxi University, under the banner of paying 50% tuition and miscellaneous fees first, widely recruited poor rural students in the western region. On many occasions, Wang Mingliang, president of West China University, spoke passionately about his dream, that is, "to make all poor students afford to go to college".

The tuition fee of West China University is 7,200 yuan, and the school only accepts 3,600 yuan for students, plus various miscellaneous fees, 5 150 yuan per year. Other tuition fees can be paid off within 3 to 5 years after graduation. This model is a proud "credit-aided" model of West China University, and it is an effective slogan for seeking students for the society over the years.

Huaxi University includes three campuses: Xiangyang Campus in Lantian County, Honghe Campus in Meixian County and Yangling Campus (under construction). Wang Mingliang, born in May 2002, 1968, is the second president of this school. From 2006 to 20 10, the Huaxi model achieved a rapid leap. Xiangyang campus, students are overcrowded, and the school has to build a new teaching building in the west. Yu Qiulin introduced that there were "tens of thousands of people" in the whole school in its heyday, and "the number of people in a hospital is equivalent to the number of people in a campus now". 20 10 on may 8th, a company named "Hainan avic construction development co., ltd" invested 550 million yuan to build Yangling campus, the third largest campus of the school.

By May 23rd, 20 14, it is still uncertain when the capital chain of Huaxi University will break, but since the first half of 20 13, the construction of Yangling Campus has come to a standstill. Previously, the local land management department had been involved in the investigation.

201April 16, Chengdu Business Daily reporter visited Yangling Campus and found that more than 20 buildings in the campus have completed the overall framework construction, but the campus greening and road facilities have not yet started. Except for the doorman on duty, the broad campus overgrown with weeds is empty, and occasionally rabbits can be seen playing. Mu Yuan Jing, an officer on duty, said that the school had not paid him for 10 months.

Behind the capital chain is fund-raising chaos. By May 23rd, 20 14, more than 10 "West China University Customer Joint Rights Protection Group" had claimed the principal from the school in their own way. Ma, 58, is a member of an choir and the leader of a human rights protection organization. Ma Bao said that the data in his hand showed that there were nearly 10,000 fund-raising agreements involving West China University, and thousands of people were trapped in them. Some fundraisers reported that the annual interest rate of this fund-raising was as high as 12%.

All kinds of information show that the special school-running mode of West China University is doomed to "rob Peter to pay Paul" through loans all the year round. Ma introduced that Wang Mingliang had explained to him that a bank in Beijing had a long-term loan intention with the school, and then the loan from a private university in An failed to be used, which caused the bank in Beijing to suddenly become sensitive and stop lending.

Another builder said that Hainan Zhonghang Construction and Development Co., Ltd., which contracted the construction of Yangling Campus, was a leather bag company. The company disappeared after collecting tens of millions of quality deposits in subcontracting, which led to the break of the school capital chain.

On the Internet, there are many voices saying that the company is a fraud company without engineering qualification. In the Hainan Provincial Department of Housing and Urban-Rural Development and the National Construction Market Supervision and Integrity Information Publishing Platform of the Ministry of Housing and Urban-Rural Development, the Chengdu Business Daily reporter failed to find out the specific information of the company. There is relevant recruitment information, and the phone number left is empty.

In a talk show on 20 10, Wang Mingliang once talked about the hidden risks of "student loans". "If students don't repay the loan, we will bear it in full. How much can we bear? I estimate that the maximum is 10%~20%. This is the risk. " In 20 12, Huaxi university stopped this mode of aiding students, and the school guaranteed loans for students, but students had to pay full tuition fees.

Kangxi said that the school's so-called "free tuition" slogan is just an empty banner. "I have never seen anyone pay back money after graduation."