A US economic policy research institution has made a statistics to make a ranking of ten cities with the highest cost of living in the United States, and Californias coastal city Front is ranked sixth.
According to statistics, a common family expenditure of a ordinary family in Friemont is $ 13,000 per month, which is about 90,000 yuan. It is indeed a money spending moneyplace.
However, the rich people in China like such cities, and the wife and children of the founder of A -share listed company Modern Avenue, Lin Yongfei, lived in Ferimmont.
According to the information on the business information search service network called "White Pages" in the United States, Ferront has a 4,000 square meter sea view mansion and a private swimming pool, which is Lin Yongfeis wifeChild.
Living in such a house, it is definitely not enough to come to the average life consumption of 90,000 a month.
However, in a strong comparison with the high standard life of the United States, Lin Yongfei owed a debt in China.And at least 2.5 billion debts directly related to shareholders.
Overseas flowers owed in China, this is another high -end player.
In 2023, the Ruifeng Group controlled by Lin Yongfei was ruling bankruptcy and liquidation by the court due to debt."No one in control".
And in recent days, Modern Avenue was suspended by the Securities Regulatory Commission. The direct reason is that Lin Yongfei has occupied 240 million funds on Modern Avenue in violation of regulations.Modern Avenue will not resume cards and will be delisted.
The debt owed by the boss, but the shareholders have become a bill of buyers.
Lin Yongfei is a native of Fujian Fujian, the car glass king Cao Dewang, but the differences between the two fellowships are too big.Its right.
Cao Dewang learns the technology of making car glass foreigners, and then tells domestic consumers that we can also build it ourselves, dont spend money.
And Lin Yongfei is a domestic name made of domestic clothes. Although it is not directly said, it is hinting that this is a European brand.
Canudilo, a name that once appeared in luxury areas in many first -tier cities, was created by Lin Yongfei.
The name is not casual. In the 1980s, a famous European fashion brand was called Pilkan. He held several clothing conferences in China, thereby setting off a European style of EuropeEssence
After various "cards" from Europe have entered China, suchIts right.
However, these "cards" are not all European natives. Many of them are foreign names that domestic clothing companies run to Europe to register, and even fakes registered in China in ChinaWestern cards.
Lin Yongfeis Ku Di Di Lu was born in such a background.
Of course, you have to admit Lin Yongfeis ability. Everyone is the same model, but Lin Yongfei can stand out, there must be two brushes.
There is a word in China called "things to gather".
Lin Yongfei bought a lot of real international brands agency rights, such as Bally, G Givenchy, Samsonite, etc., and their own cardsStei Lu was sold together.
Do not have to do any publicity and explanation by yourself. Consumers who enter the store will naturally position Kuni Road, and the popularity of Kundi Road will open.
The popularity is that, it is much easier to attract and open stores. Lin Yongfei has opened a national expansion.
By the time of the 2012 Kuphid Road IPO, there were already 318 stores in the country in the country, and the franchise stores accounted for nearly half.
At that time, the annual revenue was more than 600 million, and the net profit was more than 1 billion.Small and beautiful, life is still moist.
However, with the rapid development of China Mobile Internet, e -commerce relentlessly impacted almost all offline retail formats, and Lin Yongfei also had the idea of engaging in e -commerce.
Lin Yongfeis idea is not to simply move his clothing to online to sell, but use his own global well -known fashion brand resources to be a cross -border international e -commerce platform.
In 2016, Lin Yongfei threw 490 million to acquire a company for mobile application development, and then renamed the company to Modern Avenue and opened the road of international e -commerce.
Modern Avenue, this is a pretty windy name, but unfortunately, although the money burned a lot, Lin Yongfeis grand strategy did not finally have any after all.Can be achieved.
In 2019, the new and old accounts of Modern Avenue lost 1.47 billion yuan.A supervisory alert letter was issued.
The movement of the CSRC scared Lin Yongfei. He resigned directly from the chairman and said that his physical condition was not good.I have my own "quasi -son -in -law".
Lin Yongfei went to the United States to see a doctor, but it is not known, but the important thing to do is to quickly transfer the California mansion mentioned from his own name to his wife and childrenUnder the name.
Although Lin Yongfei hid, the debt could not be the same. The domestic prosecution lawsuit has always been fighting.The equity of the Modern Avenue it holds has also been emptied.
Although the actual controller on the Modern Avenue is still Lin Yongfei, it is well -known. The largest shareholder has become Hengtai Securities. Interestingly, this Hengtai Securities was originallySpokesman and Lord inheritance in Modern Avenue IPO.
The position of the major shareholder of Hengtai Securities is obtained passively, and the equity picked up to him is not needed, but it can only be held. As the stock price of Modern Avenue plummeted, it was a mess.Hengtai Securities has already provided more than 300 million impairment losses.
As for where Lin Yongfei is now, there is no exact information.
In May 2023, there were news that Lin Yongfei was given a bail pending trial for personal debt lawsuit.
When the Modern Avenue was just on the market, Lin Yongfei had patted his chest and said that he should bear new responsibilities. Now look at this sentence again, as if it of the world.
