"This is more than 2.8 million in arrears, and I will pay it back!" Thank you for coming. You owe more than 10 million.

With the full help of his wife and children, Feng Zongxiao shouldered the burden of paying off debts. He heard that he made money by planting citrus "Xiangshan Beauty". In 20 18, he raised a sum of money through his children and younger brother, and transferred 80 mu of land to plant "beauty".

Every day before dawn, Feng Zongxiao went to work in the fields and didn't call it a day until dark, so he scrimped and saved on food and clothing all year round.

Feng Zongxiao said, "I can't wait to save a little. I want to pay off all these debts in my lifetime. "

network diagram

In 2020, when he returned the 300,000 yuan he had saved to his friend, Mr. Huang, who lent him money that year, Mr. Huang held him in tears: "It hurts me to pay off debts for others like this."

In 202 1 year, Feng Zongxiao's 50-acre orchard was reclaimed for "non-grain" renovation, and he got a subsidy of 1 10,000, and he immediately paid off his debts.

network diagram

After years of hard work, the debt of 2.8 million yuan is now only a few hundred thousand yuan.

In 2022, the remaining 30 acres of orchards will yield more than 20,000 kilograms per mu. Feng Zongxiao is looking forward to selling these fruits and selling a batch of orange seedlings next year, so that all debts can be paid off.

network diagram

Hard work, honest Feng Zongxiao.

Extended reading

After 80, the boss was in debt of 70 million yuan: he posted the debt agreement on the wall and determined to pay it off in three years.

"I am Tang Chao, a bankrupt boss with a debt of 70 million yuan. Because the dream was too big and the company expanded wildly, the company went bankrupt on August 29, leaving a lot on the table. This is the official seal and business license of all companies. I dare not let my parents know. I'm afraid they can't take it. I also want to lie flat, but I can't give up when I think of hundreds of families behind me. I have to stand up and say.

Recently, many netizens brushed a video of "boss", in which the boss claimed to be in debt of 70 million yuan and was determined to pay off these debts within three years. In this regard, many netizens praised him for his determination to pay his debts despite bankruptcy, and many netizens suspected that he was not really a bankrupt boss, but another way for online hype to attract traffic.

↑ Tang Chao's Tik Tok account screenshot

Recently, Red Star News reporter learned that Tang Chao was born in 1986 and is 36 years old. He is the founder of Qimaiche Technology Group Co., Ltd., which claims to be the first platform-based 4S shop. In his early years, he made a fortune by selling cars. There are many companies and 4S stores under his name. He provided Red Star journalists with personal and company credit information forms and related documents frozen by the court. The reporter found through his company's debt list that its debt exceeded 1 100 million yuan, more than 20 million yuan of assets were frozen, waiting for the court to handle, and the debt was about 70 million yuan.

Tang Chao told Red Star News reporter that he was born in the countryside and didn't go to college. He started from an auto repair shop. After years of hard work, he started a number of companies, but later he got into trouble due to large-scale expansion. From the day he declared "substantial bankruptcy" on August 29 this year, he solved the customer problem, signed an agreement with employees on arrears of wages, and then rushed to major cities to deal with the debt problem. He said that he would not "run away" and pay off 70 million debts on his own.

The Red Star reporter learned that up to now, Tang Chao has not filed for bankruptcy. He called himself "basically bankrupt" and hoped to have a new opportunity to make a comeback.

Debt 70 million yuan

There is a wall of debt agreement and a table of official seals and business licenses left.

165438+1October19th, Red Star journalist contacted Tang Chao and came to his office in Dazhou, Sichuan. He saw this scene in an online video, with the agreement on the arrears of employees' wages posted on the wall and the seals and business licenses of dozens of companies on the desk.

The wall of Tang Chao's office is covered with debt agreements.

Tang Chao told Red Star News: "There are millions of employees whose wages are in arrears, but they are only a small part of the debt. "Later, he showed the reporter his and the company's credit information and debt list, which is the bulk of the debt.

enterprise credit report

Its credit report shows that the company has a maximum debt of 58.8 million yuan and a minimum personal credit of tens of thousands of yuan; The debt list shows that the company's debt is 654.38+003 billion yuan, as well as real estate, land and cars frozen by the court. "I have more than 20 million assets, and I almost owe more than 70 million before and after." He said.

Tang Chao said that from the first week when he declared "substantial bankruptcy" on August 29th, he was in no mood to eat, thinking that his years of hard work 10 had been wasted, and his heart was unacceptable and he was in a trance. Later, I readjusted my mind, and after signing a debt agreement with the employees of Chengdu Company, I have been running around on the way to deal with the debt.

Have a difficult family since childhood

After finishing high school, I went out to work and wanted to learn a skill to be a boss.

According to an interview with Red Star News reporter, Tang Chao was born in Yingshan County, Nanchong City, Sichuan Province 1986, ranking fourth in the family and having three sisters. His father is a railway worker and his mother is a farmer.

Tang, her second sister, told the reporter of Red Star News that her family was poor when she was a child. The three sisters slept in the same bed and had to fall off the bed when they rolled over. Borrow rice every year and return it to others when the new rice comes out.

Debt list

Tang Chao recalled that he had never eaten sugar when he was a child. He saw a child spit the unfinished candy on the ground, so he took the opportunity to pick it up and taste it. "I feel that sugar is really sweet. I have never eaten anything so sweet." He said that from then on, he vowed to let his parents live a good life. Because of family reasons, in 2006, after finishing high school, Tang Chao went to the place where her sister worked in Foshan, Guangdong Province to find a job to earn money.

When I arrived at my sister's house, I found that her condition was not good either. The place where he lives is very small and the environment is very poor. Several people in the family are crowded in a room, and mosquitoes are flying all over the sky on a hot day. Later, my sister asked him to work in a fan factory for three months, with a salary of 535 yuan in the first month, 480 yuan in the second month and 870 yuan in the third month. But after working for three months, Tang Chao resigned. He said that the salary is too low, the work is too hard and too tired, and he can't earn much money.

Later, my sister asked an acquaintance to take him into a motorcycle assembly factory, where he worked for a month with a salary of more than 1000. But Tang Chao wanted to learn a technology, so he suggested to his family to go to Lan Xiang Technical School to study technology. With the consent of his family, he took 28,000 yuan to study. "This is the money that my parents and three sisters borrowed from relatives and friends."

After entering the school, I learned car maintenance according to the advice of the admissions teacher. "The admissions teacher said that in the next ten years, the number of domestically produced cars will increase greatly, and learning car maintenance can be a boss. I think what he said makes sense. "

In July 2008, after graduating from Lan Xiang, Tang Chao went to an automobile trading company in Suzhou to sell cars.

A car show sold 19 cars.

Resign to start a company, expand vigorously, and accidentally get into trouble.

Shortly after working in Suzhou, due to family reasons, Tang Chao returned to his hometown in Nanchong, Sichuan in the second half of 2008, where he found a job in car sales.

According to Li Rongju, the sales manager of an automobile company in Nanchong where he worked, according to the company's recruitment conditions, Tang Chao was less than 1.7 meters tall, not outstanding in appearance, and not high in education. He was admitted only because he had previous experience in car sales, but he didn't give a basic salary and only promised a free trial for seven days.

In Li Rongju's eyes, Tang Chao is a very diligent person. He can chat with customers until after work during the day and call customers after work. The next day, his customers always come to the company to see the cars. At that time, he and another salesman sold the most cars.

Red Star News reporter interviewed Tang Chao

A year later, Tang Chao ushered in the first "peak" of his career.

At Nanchong Auto Show in June 5438+February 65438+May 2009, its company sold 2 1 car with1sales staff, and Tang Chao sold 19 car by one person. He said it was his own "battle for fame"

Two days later, from 65438+February 65438+July, Tang Chao was sent to Dazhou, Sichuan as a lecturer, and later served as manager and director of the company. At the end of 20 14, he was promoted to the business department of the group company again, responsible for Dazhou, Bazhong, Guang 'an and other places.

2065438+At the beginning of 2006, Tang Chao resigned to start a business and founded Sichuan Sen _ Automobile Sales Company in Dazhou. He introduced to the Red Star journalist that at that time, he took the money accumulated by selling cars and borrowed from relatives and friends, totaling 1 10,000 yuan, and started the road to entrepreneurship. Later, it won three brands a year, and opened more than 10 automobile 4S stores and comprehensive brand stores in Dazhou, Nanchong, Guang 'an, Mianyang and Deyang, and purchased more than 5,000 square meters of land.

In 20 18, Tang Chao's heart swelled, and he decided to let his car company go public. Subsequently, he set up a technology company in Chengdu to operate a "car-making" network platform.

But this time, he failed to continue his glory. He told the Red Star journalist that there were more than 600 companies registered on the platform in Sichuan at that time, but they all ended in failure because the assets invested were too heavy. Later, he changed his mind and established the brand of "Seven Wheat Cars". The idea at that time was to establish the first platform-based 4S store. Because the two "editions" cost about 20 million yuan, they were "made into heavy assets".

On August 29, 2022, due to heavy debts, the company could not continue to operate, so why did it declare "substantial bankruptcy"?

"I won't run away."

Earn money by your own ability and aim to pay off 70 million yuan in three years.

Red Star News reporter learned that 43 companies under the name of Tang Chao and its affiliated companies have stopped operating, and a 4S shop in Dazhou, Sichuan Province is still open, but it is currently sold by employees themselves, so that the cost of selling cars can be deducted from employees' salaries.

After settling employee debts, Tang Chao rushed to other places to deal with various debt problems. He Ping, the administrative personnel manager of his Dazhou 4S store, told the Red Star reporter that after Tang Chao declared "substantial bankruptcy", he learned through finance that the company owed him 1 0,000 yuan in salary and the company's sales staff were still "at work". Li Dayong, chief financial officer, said that at present, employees of the company are actively taking measures to save themselves after understanding the situation.

Tang Chao said that he never thought that his company would "close down" before, and his original life was full of luxury. Now it suddenly occurred to him that more than 65,438+000 employees lost their jobs and more than 65,438+000 families were affected. He deeply blamed himself and felt sorry for the trust he had always had in his employees.

In order to spur himself, Tang Chao gave himself three years to pay off more than 70 million yuan in debt. He found a friend to broadcast live and made the tortuous story of his own business "public", hoping that the society and netizens would supervise himself. At the same time, we also look for bosses with similar experiences through the internet, and we will find ways to get out of the predicament together.

↑ Some netizens transferred money, which was rejected by Tang Chao.

Tang Chao told the reporter of Red Star News that, first of all, he would not run away and was actively dealing with the debt problem. Secondly, record your real life and don't cut the leeks of netizens. After the video was released, many netizens gave him gifts and transferred money, but he refused one by one.

During this period, Tang Chao was deeply touched by the high spirits of successful entrepreneurship and the debt of 70 million yuan "overnight". "It's useless to be angry and cry." He said that only by facing it calmly and thinking that he is still young and only 36 years old this year, what he needs is a new opportunity, and then he can pay off the 70 million by his own ability.

However, he didn't let his elderly parents know these things, and his three sisters didn't know the details. Speaking of which, Tang Chao's eyes filled with tears.