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sanzida aktar
Jul 07, 2022
In Welcome to the Food Forum
On November 17, 2020, another KY company (registered abroad, listed in Taiwan) had an accident. Kaiyi, an international trade and manufacturer of daily necessities, announced a surprising and important news- in addition to the loss of 67.9 million in prepayments for the purchase of medical gloves, the purchase and sale of light cycle oil (heavy oil for agriculture, forestry, fishery, construction, ship use, etc.) In the contract, it may be necessary to bear a liquidated damages of about 1 billion yuan. 1 billion may not be a big deal for some remove background from image listed companies in Taiwan, but Ruifan and Kaiyi's share capital is only 455 million... Kai Yi is alive and well, why should he touch medical gloves and oil? Because life is not very good. Kai Yi said that due to the poor performance of the original products due to the new crown epidemic, this year (2020) "intentionally cuts into new products and businesses, and the transactions are all introduced by previous supply chain partners." This reason is not surprising, nor can it be wrong, but I have seen too many cases where they were charged with "performance" in order to make a price difference and slapped their face, and ended up being reversed and even the principal was lost. Interestingly, what Kai Yi encountered this time was not a repayment, but a more low-level fraud, the point being that he was cheated twice in a row. I'd love to make things clear, but whether it's an accountant's third-quarter review report , major news announcements, or news reports this year, they can't piece together the complete truth. Therefore, the following tries to brainstorm and try to piece together the "possible truth". Scam 1: Russian Light Cycle Oil Under the intermediary of Tiancheng Trading , Kaiyi first signed a US$480 million purchase contract with Russia 's Novokuibyshevsk Refinery , but was unable to perform it for some reason, and instead signed a US$475 million purchase contract with Russia's Caspian (there is also a saying that the contract was signed four times before and after) . I
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