We will produce a series of content on Hebei Zhongcheng Group, Zhongcheng Digital Resonance TCC project, etc., and publish it on WeChat public accounts, Sohu, Sina, Tencent, NetEase, Phoenix, Baidu, Toutiao, Weibo and other self-media accounts; and simultaneously spread it to short video websites such as Douyin and Kuaishou; at the same time, we will also invite mainstream news media to conduct interviews and reports, and everyone is welcome to expose information.

The TCC Zhongcheng Digital Resonance Project, a digital transformation project of Hebei Zhongcheng Enterprise Group, was launched two months ago and will end after the money is collected?

It was said that the company would integrate six major industrial sectors, including education, services, energy, construction, agriculture, and digitalization, and 17 branches and subsidiaries, to create a diversified, cross-regional, and full-scenario ecosystem. Why did it become a rogue company with many reasons, excuses, and evasions?

The project's main company, Hebei Zhongcheng Digital Information Technology Co., Ltd., has seen repeated changes in its legal representative and general manager. Who is trying to escape?

Zhaoxian Zhaozhou Thermal Power Co., Ltd. promised to provide investors with 100% guarantee. Why has it not been implemented for more than a year since September 2021?

It was promised that a refund of more than 2 million yuan would be resolved before the Spring Festival. On December 29, investors went to Zhongcheng and waited anxiously. As a result, the group’s leaders collectively "shrank back" and the person in charge did not come out to call and inform everyone to "do whatever you want"... Who gave them the confidence?

As my country's digital transformation enters the deep water zone, there are countless practical cases of physical enterprises using new generation information technology to achieve digital upgrading and transformation. But is the so-called "blockchain empowerment" seeking new development at the strategic layout level of traditional enterprises? Or is it taking advantage of trend dividends to make profits? From the investment on September 17, 2021 to today, who is "doing evil" in Hebei Zhongcheng, which is known as a 10 billion group? Who is "protecting"? Who is "talking about other things"? Next, we will unveil the "TCC Digital Resonance Project" of Hebei Zhongcheng Group one by one.

Seeing him build a red building

The Zhongcheng Digital Resonance Project is a digital transformation project authorized by Hebei Zhongcheng Enterprise Group to Hebei Zhongcheng Digital Information Technology Co., Ltd. for the group. TCC is the project's digital equity certificate based on blockchain, which is backed by the assets and income of Zhaoxian Zhaozhou Thermal Power Co., Ltd.

At the same time, the stamped document of Hebei Zhongcheng Digital Information Technology Co., Ltd.'s "TCC Benchmarking Entity Enterprise Assets Rules and Explanations" shows that Zhao Dian, the partner who originally purchased TCC for the Zhongcheng Digital Resonance Project, will be benchmarked at 100% of the original purchase amount. During the benchmarking period, if the project stops running due to operational problems or other force majeure, causing losses to the partners, and the cash and assets of Hebei Zhongcheng Digital Co., Ltd. are insufficient to pay, Zhao Dian will be responsible for full payment.

One of the TCC investors said: It is a well-known enterprise in Hebei Province that is undergoing digital transformation, is endorsed by the government, is a pilot enterprise for blockchain reform, and has 1:1 backing from physical assets. These are important reasons for his investment.

The promise of 1:1 benchmarking became the foundation for the popularity and trust of Hebei Zhongcheng's digital transformation project. But in the end, the cruel reality slapped the investors in the face: black words on paper and red seals may not be useful.

The "Hongmen Banquet" with a luxurious government lineup

On September 17, 2021, Hebei Zhongcheng Enterprise Group held a digital transformation project launch meeting with great fanfare. One has to admire Zhongcheng Group's influence and strength in the local area. The super luxurious government team + leadership lineup makes it hard to believe that this is a corporate behavior: Liu Chuncheng, Secretary of the Party Leadership Group of Hebei Academy of Sciences, Zhang Deqiang, member of the Party Leadership Group and Vice President, Zhou Yingsen, Director of the General Department and Industrial Development Department, Cheng Yu, Director of Hebei Institute of Applied Mathematics, Cui Yanjun, Deputy Director, Wang Zhiqiang, Li Chunsheng, Deputy Director of Industrial Development Department, Li Zhengtao, Department of Science and Technology Management, Dong Zhanwei, Secretary of the Party Committee of Hebei Provincial Quality Inspection Institute, Dong Zhenguo, Secretary of Hebei Smart City Federation, Li Jun, Deputy Director of Xiong'an Blockchain Laboratory, and Wu Xianguo, President of Hebei Digital Economy Federation, all attended the meeting.

At the same time, Wu Xianguo, Chairman of the Hebei Digital Economy Federation of Hebei Zhongcheng Group, Liu Chuncheng, Secretary of the Party Leadership Group of Hebei Academy of Sciences, Dong Zhanwei, Secretary of the Party Committee of Hebei Quality Supervision and Inspection Institute, Li Jun, Deputy Director of Xiongan Blockchain Laboratory, and Dong Zhenguo, Secretary and Founder of Hebei Smart City Federation, and other leaders of other units came on stage to participate in the launch ceremony of the project (there was also a plaque presentation and a strategic cooperation agreement on the transformation of scientific and technological achievements was signed between the Academy of Sciences and Zhongcheng).

In the early publicity, Hebei Zhongcheng Enterprise Group said that its project was a pilot project of the Shijiazhuang government in Hebei Province and a pioneer enterprise in Shijiazhuang's blockchain reform. So far, the relevant news about the digital transformation of Hebei Zhongcheng Enterprise Group has been reported and endorsed on the Hebei government website and many party media reports, including the Hebei provincial government, the Hebei Provincial Department of Natural Resources, the Hebei Academy of Sciences and other government agencies with the purpose of "serving the people", as well as the Hebei Provincial Information Communication Center, Hebei Daily and Hebei News Network, which are trusted party media matrices. Looking at this luxurious lineup, plus the relevant reports, it is impossible not to believe it.

Such a scene made the participants very excited. Many investors invested in the project as super partners (note: the entity with a subscription price of 300,000) or partners (note: the subscription price of 110,000). However, it seems horrifying now.

A well-known local enterprise with hundreds of billions of assets in Shijiazhuang has gathered the power of local government, industry, academia, research and media to promote its new project. A launch conference "enticed" tens of millions of funds to arrive, but just two months after the meeting, the project was unilaterally stopped by the group company before it actually started operating. The promised refund was repeatedly broken, and the arrears have not been repaid to date. Where did the huge investment funds go? The scientific and technological achievement transformation project signed by the Provincial Academy of Sciences has become a "game of cheating people and defrauding money"?

I saw his building collapse.

Has TCC's bottom-line guarantee become a joke and empty talk?

According to investor feedback: well-known enterprises in Hebei Province are undergoing digital transformation, are endorsed by the government, are pilot enterprises for chain reform, and have 1:1 physical assets as a bottom line. This was the main reason why she invested in becoming a "TCC Super Partner" after attending Zhongcheng's project introduction meeting on September 17, 2021. Moreover, according to the introduction at the time, super partners enjoy the purchase of TCC with an actual price of 1.5 yuan at a price of 0.8 yuan, and can enjoy all TCCs at a value of 1.5 yuan per piece in all ecological consumption of Zhongcheng Group (including accommodation, meals, and even house purchases), and signed the "TCC Super Partner Agreement", which contains the TCC benchmarking bottoming rules of Zhaoxian Zhaozhou Thermal Power Co., Ltd.: the super partner's investment funds will be returned, and the TCC as an incentive will be recovered at the then-priced 0.8 yuan.

Then, less than two months after the purchase, in November 2021, Hebei Zhongcheng said that the project was suspended due to various reasons, and a refund would be made to the market in December according to the contract. In December, it was postponed to after New Year's Day; after New Year's Day, it was said that the refund would be made before the Spring Festival; after the Spring Festival, it was promised to be made on March 26; at the end of March, it changed its mind again, saying that the refund would be made before the end of April or May; in May, it was said to be made on May 7, May 12, May 22, and the end of May; and at the end of June... the refund was postponed indefinitely.

The evil of human nature, the source of profit?

Since the beginning of October 2021, finally in the second half of 2022, good news came that the company had set up a team to communicate and coordinate the matter. However, after many communications on our side, we were familiar with various delays and excuses, and then played the routine of the Smiling Tiger Russian Doll. At first, they promised that everything was signed in black and white, and the company would definitely be responsible. After face-to-face communication at Zhongcheng Holiday Hotel (Tatan Branch) on January 4, 2023, and after checking the data, the person in charge Zhu Fanglin said: It will be resolved before the Spring Festival in 2023.

After that, every time we communicated by phone, he also said that the group leaders had a meeting to study and solve the problem, and the finance department was coordinating and allocating funds. However, it was already the 26th of the twelfth lunar month, and on the 27th of the twelfth lunar month, he said that the group finance department was solving the problem, and agreed to meet on the morning of the 28th of the twelfth lunar month. Then on the 28th of the twelfth lunar month, he called and said that he went to the group to find the company finance department to allocate funds. After looking forward to it, everyone finally felt that they saw hope, so everyone happily rushed to Shijiazhuang Zhongcheng from various places, thinking that they would thank the leaders after the problem was solved. As a result, they agreed to meet in the afternoon, and then at noon, they said that the group leaders wanted to meet with him. Once this meeting started, he did not answer the phone or reply to the message. Until everyone arrived at Zhongcheng, until almost 6 o'clock in the afternoon, the person in charge Zhu Fanglin called and said that the leaders had a meeting and said that they would not provide funds before the New Year, and would talk about it after the New Year. It was clearly agreed that there was something wrong, so they said that they hoped that the group could arrange a representative to meet with everyone and communicate in person. Everyone came to Shijiazhuang, but Zhongcheng said: The phone said that the leaders went home for the New Year...

We clearly agreed on this, but the leaders went back home to celebrate the New Year?!

After much persuasion, the other party said that they needed to negotiate with the previous partners before resolving all the investors' problems. This is just like, I went to a restaurant to eat, ordered a dish according to the menu, but the meal was finished and it was not served, so I said I didn't want it anymore and wanted to return the dish. As a result, the other party made up an excuse and said: It's not that we don't want to return it, but there is a problem with our supply chain. We have to find the supply chain to solve this problem first, and then we can tell you how to deal with yours! Such a ridiculous logic is actually repeated in Hebei Zhongcheng Group.

I wonder if the leaders of Hebei Zhongcheng Group and its companies have any kind hearts. I have never seen such evil in human nature. Are you doing all these things just to reassure all the people you have cheated, and then you can go home and celebrate the New Year in style? You who eat Xue mantou, are you having a peaceful and secure New Year?

After an hour-long phone call, TCC investors almost begged, preferring to give up the dividends agreed in the contract and just ask for the principal to be returned according to the terms. As a result, the representative of Hebei Zhongcheng Group left a message: You can do whatever you want...

What kind of logic is this? This is not the way to act like a gangster. It is written in black and white, and so many leaders have said it on the stage. You guys should implement the various safeguards. Bullying honest people? What makes you so fearless? Such a big group, various business sectors, and high-rise assets, is it because of your contempt for human nature and trampling on others that you earn profits?

I wonder if Han Xingjun, the chairman of Hebei Zhongcheng Group, knows the logic of these "imperial envoys" he appointed to solve the problem, or is it just the chairman's intention? !

Three questions to Hebei Zhongcheng Group: Doing too much evil will lead to self-destruction

Tomorrow after tomorrow, how many tomorrows are there? The serious contract started with an indefinite "wait a little longer" game, ended with a series of deceptions, and finally tore off the mask of hypocrisy.

First of all, where is the corporate reputation? Where is the responsibility and commitment of the 10 billion group?

We hope that Chairman Han Xingjun can see this information, instruct other company personnel, and face and deal with this matter head-on. This is all in the open, and there is no wrangling. Just fulfill your responsibilities to users. After all, Zhongcheng Group is a group that claims to have a net worth of tens of billions, and Chairman Han is also the chairman of a group worth tens of billions. Don't let a group of irresponsible subordinates, under the pretext that something has happened to the chairman, "cheat" without regard for bottom line and humanity.

Secondly, who is responsible for the unfinished projects?

First, the Zhongcheng Digital Resonance Project was authorized by Hebei Zhongcheng Group to Hebei Zhongcheng Digital Information Technology Co., Ltd. Now that the project has been stopped, Hebei Zhongcheng Enterprise Group, the authorizer, should bear the responsibility and cover all partners and investors in accordance with the contract. These are clearly stated on the table. Is there only one person who understands the situation in such a large group company? I would like to ask the various presidents, vice presidents, finance, and legal affairs of the company, what are your responsibilities and obligations? Should the person in charge who authorized the project at that time stand up now?

Second, the group’s many presidents, vice presidents and other senior executives cannot play dumb and lose their voices collectively. At the project launch meeting last year, Cong Peidong, the group’s president and the person in charge of the Zhongcheng Digital Resonance Project, introduced the project’s competitive advantages and development prospects in great detail, and made a promise in front of all participants with his many years of reputation and personality: This project has huge wealth opportunities, and the project is unlikely to go wrong. If the project goes wrong, as the group’s vice president, he can transfer some resources from the group to cover everyone, and guarantee it with his personal personality. Now that the project is unfinished and the refund deadline has been delayed again and again, why is this sworn vice president shrinking back and trying every means to keep himself out of it? The pictures and videos of the meeting are all there. Can being an ostrich solve the problem? What is the difference between this and fraud?

Third, the authorized person who is fully responsible for the project, Hebei Zhongcheng Digital Information Technology Co., Ltd., as a company with a registered capital of 20 million, just turns a blind eye to the law?

Fourth, Zhu Fanglin, the person in charge of Hebei Zhongcheng Digital Information Technology Co., Ltd. and the authorized TCC purchase payee, you can't just be in your position and not do your job. Supplement: Is this method also suspected of corporate tax evasion?

According to Qichacha, Zhu Fanglin is the legal representative of Hebei Feimiao E-Commerce Co., Ltd., but the largest shareholder of Hebei Feimiao E-Commerce Co., Ltd. is Hebei Zhongcheng Digital Information Technology Co., Ltd., which holds 98% of the shares.

From being the authorized digital information technology company of the group, to being the person in charge of the digital information technology company and the TCC payee, to holding the controlling stake in Hebei Feimiao E-commerce and becoming the legal representative of Hebei Feimiao E-commerce, Zhu Fanglin has many responsibilities and is responsible for a lot of things. This also fully reflects the trust that Zhongcheng Group and Chairman Han Xingjun have in you (or you can definitely be called Han Xingjun's confidant and confidant). Do you need to take on the responsibilities and obligations that you should fulfill in public and in private? Besides, where did the money of Hebei Zhongcheng Digital Information Technology Co., Ltd. go? Where did the funds for investing in Hebei Feimiao E-commerce come from?

The general manager of Hebei Zhongcheng Digital Information Technology Co., Ltd., who was euphemistically the general manager in charge of the TCC project, held high the title of team leader, but never solved the problem. When talking about the problem, he used the excuse of "I am just an employee"... He ignored all investors by hiding and dragging his feet until he resigned from the company. Is this a golden cicada escaping unscathed? The Hebei Zhongcheng Group, a billion-dollar group, from the direct person in charge, the actual boss of the group, Han Xingjun, to the vice president Cong Peidong, to the recipient Zhu Fanglin, and other persons in charge, has such a practice from top to bottom constituted the nature of organizing gang fraud! ?

I watched him build a red mansion, I watched him entertain guests, and I watched his mansion collapse.

Since the rise of the blockchain industry, we have seen many project parties run away, collapse, and return to zero. Generally, investors who enter blockchain projects always have the gambler mentality of "knowing there is a tiger in the mountain, but still going to the mountain of tigers" to fight for a once-in-a-lifetime opportunity to get rich. However, the vast majority of users who invest in TCC are not like this. They have investigated the comprehensive strength of Hebei Zhongcheng's energy, education, service, construction and agricultural sectors, and have learned in detail about the landing scenarios and future applications of the Zhongcheng Digital Resonance Project. On the basis of believing in the 100% benchmarking agreement of physical assets and the credibility of Hebei Province's government, media, industry, academia, and research, they recognized the TCC Zhongcheng Digital Resonance Project and chose to invest.

Who could have imagined that after the digital transformation project of the powerful and high-profile 10 billion group was hastily concluded, it was still unable to fulfill the promises in the agreement. It seems that a group of elites have arranged a big drama of "harvesting the leeks once they enter the market". This is a typical corporate evil. What is hidden behind Zhongcheng Group's fearlessness?

Final Thoughts

When we return to the official website of Hebei Zhongcheng Enterprise Group and see the words "corporate responsibility, people-oriented, creating the greatest enterprise" all over the screen, we feel speechless absurdity and hypocrisy. Not to mention practicing the purpose, adhering to the concept, firming the belief, and running towards the vision, now it is completely contrary to it, flying further and further in the opposite direction, it is better to be honest.

What is most worrying is that Zhongcheng Group actually has a university education section (Bohai Institute of Technology, Shijiazhuang Urban Economics Vocational College). The social responsibility of an enterprise is not just about shouting slogans. A team that is only interested in profit and has no credibility or responsibility is doing the business of teaching and educating people, which is simply misleading young people. School is about to start again, and new students are enrolled. I can't help but worry for the students who are graduating and studying in these universities. I hope that your originally youthful and sunny youth will not just become the "leeks" harvested by Zhongcheng.

We will continue to follow up on relevant content and publish it on self-media accounts such as WeChat public accounts, Sohu, Sina, Tencent, NetEase, Phoenix, Baidu, Toutiao, and Weibo; and simultaneously spread it to short video websites such as Douyin and Kuaishou; at the same time, we will also invite mainstream news media to conduct interviews and reports, and everyone is welcome to expose information.

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