China’s former richest man Huang Guangyu said in a speech at Gome Group on the 18th that companies should love the country and the party.
Huang Guangyu, the former richest man in China who served 10 years in prison, has been released. A few days ago, he said in a speech at Gome Group that companies should love the country and the party. Analysis suggests that this shows that “I’m convinced! Go with the party!” The attitude of the party. Many people think Huang Guangyu may be afraid of becoming the next Jack Ma.
Several Chinese media reported that Huang Guangyu spoke at Gome’s executive meeting for the first Time since his official release on Feb. 18.
The official WeChat of Gome Holdings Group published Huang Guangyu’s speech, in which he repeatedly mentioned “the party. He said that the development of enterprises should be under the leadership of the Party, closely integrated with the prosperity of the country and the prosperity of the nation, and take social responsibility.
Huang Guangyu said that the longer he runs the business, the more he can deeply understand the significance of patriotism and love for the Party, law-abiding business, entrepreneurship and innovation, and giving back to society for the long-term development of enterprises.
He stressed that it must stand at a higher starting point to adhere to the Party’s leadership to run a good business. Strive to use the next 18 months to restore the original market position of Gome.
Some analysts say that the former richest man in China, who once reigned supreme, is still ambitious after serving a 10-year sentence. But he knows that if he wants to rise again, the first choice is to be “politically correct”. “Political correctness” means showing loyalty to the party.
Huang Guangyu was sentenced to 14 years in 2010 for illegal business, insider trading and unit bribery, and his sentence was commuted twice to parole on June 24, 2020, and he was officially released on February 16 this year.
Some netizens tease, instead of saying that Huang Guangyu “with the longer you run a business”, the more you appreciate the importance of patriotism and love of the party, rather than 10 years in prison, Huang sobered up, in China, and then capable, competent private entrepreneurs, the first thing to do to the party, otherwise nothing, or even the loss of fame.
Li Hengqing, an economist at the U.S. Institute for Information and Strategic Studies, told Radio Free Asia: “Private entrepreneurs say they love the Party and love the country, why? It’s because of the need to survive, and he doesn’t express even a chance to survive.”
Li Hengqing said that after 10 years in jail, he could have realized the truth of “love the party and love the country”? Huang Guangyu’s words, but is to show “I am convinced! Go with the Party!” This is exactly what the Chinese Communist Party needs.
The former Qinghai provincial CPPCC member and private entrepreneur Wang Ruiqin said, in recent years, China’s private entrepreneurs are walking on thin ice, the only way to follow the will of the party to ensure peace; if you do not comply with the party’s wishes, any intention to speak out, will face the end of the wife and children, and mouth “love the country and love the party” Huang Guangyu is a model entrepreneur model.
She said that private enterprises must listen to the party and follow the party, honestly tell you to do what you do, if the government poses a threat, the party immediately let the enterprise disappear, so that the entrepreneur’s Family is broken.
In March 2020, Chinese real estate tycoon Ren Zhiqiang was disappeared for writing an article attacking Xi Jinping as a “clown” and was sentenced to 18 years in prison six months later; Wu Xiaohui, chairman of Anbang Group, was stripped of his assets overnight and sent to prison, with his mother calling out outside the prison without being allowed to see him. Many other private entrepreneurs have been targeted one after another.
Analysts say that allegiance to the party is crucial, especially as the Chinese Communist Party begins a new round of anti-capitalism. Huang Guangyu is afraid to know that this moment of his re-emergence is actually not very favorable to private entrepreneurs.
The General Office of the Communist Party of China (CPC) Central Committee issued a document in 2020 asking private entrepreneurs to “listen to the Party, follow the Party, and be politically clear”; the CPC’s United Front Work Department also issued a directive to strengthen Party building in private enterprises; and the Propaganda Department bluntly stated, “Resolutely prevent the risk of capital manipulation of public opinion “.
Xi Jinping called for “strengthening anti-monopoly and preventing the disorderly expansion of capital”.
Huang Guangyu’s high-profile statement of loyalty, there are also many analysts and netizens associated with Alibaba founder Jack Ma, that Huang Guangyu fear to become the next Jack Ma.
Ma disappeared in October 2020 when he became the target of an example to the Chinese Communist Party for criticizing China’s financial regulatory system, leading to the halting of Ant Financial Services Group’s plan to go public and an anti-monopoly investigation by Chinese regulators.
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