Recently, Tang Chao, a young man born in 1980s in Sichuan, became popular on the Internet. He went from a rural guy with nothing to a boss of a listed company with a scale of hundreds of millions. On August 29, 2022, it went bankrupt overnight, with debts exceeding 70 million. Now he challenges to pay off 70 million pounds in three years. 165438+1On October 24th, a reporter posted by the public network contacted Tang Chao, who revealed his debt repayment plan and built a platform mainly for debtors, where everyone can find the funds, personnel and resources needed for their business, influence and help more debtors, and make money to pay off debts while helping them.
Tang Chao's account.
The debt is 70 million, and there are more than 100 IOUs on the wall.
In Tang Chao's video, one wall of the office is covered with employees' IOUs. Once hundreds of millions of companies now leave him only a pile of company business licenses, official seals and wages owed by more than 200 employees. "When I first got this stack of papers, I didn't know what to do. I've always insisted on not cheating grassroots employees. Later, I decided to stick these IOUs on the wall. These 100 IOUs remind yourself at any time: how can I stick them up and tear them off? " Tang Chao said.
The wall of Tang Chao's office is covered with debt agreements. Source: Red Star News
This post-80s generation was once brilliant, from a rural guy with nothing to a company with a scale of hundreds of millions. Tang Chao 1986 was born in an ordinary rural family in Nanchong City, Sichuan Province. Before I graduated from high school, I started my own way of working. Later, I studied automobile maintenance in Lan Xiang Technical School. In 2008, he returned to Nanchong and started selling ordinary cars in 4S stores. After three months of employment, he worked until he won the championship. After that, I worked as a manager, director and sales manager. In 20 14, Tang Chao, who was only 26 years old, served as the general manager of an automobile group and the executive general manager of several regions.
20 16, Tang Chao resigned and started a business, and rented a 4S shop exhibition hall in Dazhou Automobile Park. In less than a year, it opened from 1 store to 3 stores, and in less than three years, it expanded to 10 store, and expanded from Dazhou to surrounding Deyang and Mianyang. At this point, Tang Chao was in debt, and the interest on the loan forced him to start looking for a new way out.
20 18, Tang Chao set up an automobile internet company in Chengdu. I did not hesitate to spend a lot of money to develop the platform to operate the APP "Seven Wheat Cars", which also laid a hidden danger for bankruptcy. 202 1, more than 600 automobile companies in Sichuan registered on the Maggie automobile platform. They want to build a platform-type 4S shop, but the capital chain is broken. On August 29th, 2022, 43 companies under the name of Tang Chao filed for bankruptcy.
Integrate personnel financial platform and strive to pay off debts in three years.
After the bankruptcy of the company, Tang Chao was depressed for a period of time, unable to eat or sleep, and cried several times. But a few days later, Tang Chao quickly adjusted, found two friends to help make a short video, and posted the video of his debt repayment on the Internet.
"When I paid my debts publicly, I didn't give myself a retreat, forcing myself to let everyone know and accept everyone's supervision." Tang Chao said.
Tang Chao told reporters that his actual debts exceeded 654.38 billion yuan, mainly including the arrears of manufacturers, bank loans and employees' salaries. At the same time, he still has more than 20 million yuan of assets frozen, waiting for the court to handle, and the debt is about 70 million yuan.
"Most people think that 70 million is too much, and it is even more impossible to pay 70 million in three years. It's pure bragging. But I don't want to use the conventional method. According to my current plan, it may take less than three years to complete. " Tang Chao said.
Debt schedule
Tang Chao's plan is to build a platform mainly for debtors, where everyone can find the personnel, funds and resources needed by their respective enterprises. After more than one month's operation, Tang Chao has collected more than 10,000 participants.
"I'll give you a way to find clues, specific things need you to say. I hope that through my efforts, I can influence more debtors and help more debtors. While helping them, I will pay off my debts and set an example for other debtors, "Tang Chao said.
At present, the project is short of start-up capital of 2-3 million yuan.
165438+1October 24th, 2 1 p.m, the live broadcast in Tang Chao started as usual. In his live studio, he learned from each other in their respective fields, mainly by contacting netizens to exchange needed goods, and a large part of these netizens were debtors.
"Now I broadcast live for an hour every night, chatting with people from different places and industries. You can provide some clues and projects that you are good at. Everyone can always find clues and projects that interest them. Many friends also leave messages for me. I will listen to them and record them. During the day, I will further communicate and understand these useful clues and projects. Simply put, I am busy looking for money, washing dishes and re-doing projects every day. " Tang Chao said.
Tang Chao's new project still lacks 2-3 million yuan of start-up capital, which he is currently busy with. "If I borrow money from my friends, I can borrow money, but I don't want to. I also want to find investors to invest in projects through my own efforts, not for me. " Tang Chao said.
At the end of June, 165438+ Tang Chaoxin's new office will be put into use. He also plans to settle all the creditors' affairs at the end of February, explain to the other party how and how to repay the debts, and strive for everyone's consent, and then go into battle lightly next year and formally operate the new project.