Xingyu Shares Contract Termination Controversy: False Accountability and Labor Rights Dispute

English translation of the Chinese news article:

The controversy surrounding Xingyu Shares' contract termination continues to ferment. Recently, media reports revealed that the company's claim of suspending its human resources director was false. Meanwhile, an article that referred to the terminated students' complaints to Mercedes, Volkswagen, and the Hong Kong Stock Exchange as "tattling to foreigners" and suggested that the state should legislate to include this behavior in the scope of anti-crime and anti-evil campaigns has sparked widespread outrage.

Some things are so dirty, so evil, and so dark that they cannot be justified. When criticizing such things, I feel a sense of powerlessness.

Xingyu Shares has given me this strong feeling.

On August 25, I was the first to criticize this incident, with the title "They are so shameless, let's nail them to the pillar of shame." Yesterday, I wrote about it again, with the title "They are so evil, let's not talk about forgiveness." These titles are emotional, but does that mean they are bad articles? Does having emotions make someone a bad person?

I don't think so. If you are not moved by Xingyu Shares' termination of 107 college students, I can only say that you are too numb, without compassion, and without a conscience to plan for the future of young people.

Don't think that just because I have criticized them harshly, I have already exposed all the evil deeds of these unscrupulous capitalists. The truth is, I have only just begun to reveal the tip of the iceberg.

Today, I will simply list two pieces of news related to Xingyu Shares that have emerged. Ask yourselves, are you angry again?

First, let's talk about the first piece of news.

Today, September 3, all major media outlets reported that the "human resources director" who was said to have been suspended by the company does not exist.

Originally, the previous report by the Changzhou Human Resources and Social Security Bureau stated that the company had suspended its human resources director. However, this was completely false. After checking the company's recent IPO prospectus, there is no such position as "human resources director." Multiple employees and company insiders also confirmed that this position does not exist within the company.

What does this news mean?

It means that after the incident, the company's so-called accountability was to fabricate a non-existent position and deceive the public. Is this not dirty? Is this not evil? Is this not a scam?

A non-existent position was written into the government's official report. Did the local government verify this information before releasing it? Will they have the courage to hold the relevant government departments accountable for this major error?

We are already in the 21st century, and yet the company is still trying to shift the blame to a non-existent position. Xingyu Shares' crisis management has sunk to a new low. Do you still believe the company's chairman, Zhou Xiaoping, and her apology yesterday?

Oh, by the way, I was so angry yesterday that I didn't even have the mood to show you Zhou Xiaoping's apology letter.

Let's take a look at the content of the apology letter. It has four parts: thanking the media, deeply reflecting, sincerely apologizing, and reporting complaints.

But I want to ask, who is the recipient of this apology? Or, to whom is Zhou Xiaoping apologizing?

The apology is addressed to "society and the broad masses of investors." The concept of society is too abstract! Investors are your accomplices; you are only apologizing for the sake of money!

What is tragic and infuriating is that the apology does not directly address the 107 young people who were harmed.

There is no specific problem, no specific person; this is not an oversight, but an avoidance. The order of the apology objects is also wrong; there is only the interests of the company, not the victims.

I am also very disgusted by the fact that this apology lacks any human touch. The subject of the entire letter is the company. The company reflects deeply, the company apologizes sincerely, the company re-examines. Is the company not human?

But who recruited these children and then fired them? Are they ghosts?

Indeed, this company has exposed too many problems in the past two days, all of which are insulting to human dignity and national dignity.

For example, at the factory in Serbia, local employees work from 9 to 5 and leave on time, while Chinese employees work 10 hours a day. After the local employees finish work, the Chinese employees have to finish their tasks.

Is this not a double standard? Is this not hurtful? Is this not the evil deed of Chinese people bullying Chinese people?

The problem is that as these bad things are exposed, the company's response is not only insincere apologies but also veiled threats

• they have reported "false reports" to the internet information and security departments through the internet.

Here, I also want to declare that all the information sources in today's article come from authoritative media such as The Paper, China National Radio, and Economic Observer. My comments are just analyses and explanations based on the content of the news reports.

Xingyu Shares, are you going to fight against the strong public opinion? Fight then!

Next, I want to talk about the second thing that makes me even angrier.

Today, many friends sent me a popular article, and after reading it, I was so angry that I wanted to scold the author's ancestors for eight generations.

To be honest, if I still had the anonymity that I had in the past, I would definitely use the most violent language to attack this author for two days.

Because, as a public speaker, I think writing such an article is a great evil, a destruction of human nature.

I cannot imagine how shameless a person can be to call the 107 terminated students' complaints to Mercedes, Volkswagen, and the Hong Kong Stock Exchange "tattling to foreigners" and suggest that the state should legislate to include this behavior in the scope of anti-crime and anti-evil campaigns.

Even more, they want to suggest that these children's social security benefits be canceled and that they be held criminally liable.

What kind of behavior is this?

I think Xingyu Shares is creating a trap, and this article is fabricating a false case.

Xingyu Shares' evil deeds are, after all, driven by the logic of capital for the sake of money. However, this article is trying to smear the laborers' rightful demands for survival and rights.

This article has several crimes.

First, it distorts concepts.

The students complained to Xingyu Shares' clients, and Mercedes and Volkswagen are investigating according to the EU's "Corporate Sustainability Due Diligence Directive." Maintaining supply chain labor rights is a hard constraint.

Xingyu Shares must accept this rule when taking European orders; employees have the right to demand explanations based on this rule.

Second, it reverses cause and effect.

The article says that the students "bypassed domestic channels," but in fact, the students have already conducted labor inspections and complaints domestically, and the human resources and social security bureau has also issued a report. Domestic channels have been exhausted, and sometimes they are just revolving doors. For example, the accountability was placed on a non-existent human resources director, and this kind of relief and accountability have failed.

Third, it bullies the weak.

The article's most disgusting part is that it wants to cancel the students' social security benefits and hold them criminally liable, even making them targets of anti-crime campaigns. This is too terrifying and evil.

These children are not worshiping foreign countries or fawning over foreigners; they are just desperate

• the international rules really bite. Mercedes has filed a case, Volkswagen is investigating, and the Hong Kong Stock Exchange is reviewing. The IPO is hopeless in the short term.

This so-called "tattling to foreigners" is not dragging down the country or tarnishing the country's reputation but is rather restoring market fairness and social justice.

It must be said that patriotism can sometimes be a haven for rascals.

The six words "do not air dirty laundry" are being used by this writer, who is acting as a shield for unscrupulous enterprises, as a tool to attract traffic. This is the real "eating human flesh and drinking blood."

I particularly want to say that if we thoroughly investigate Xingyu Shares' various problems, we will know that the company's continuous exposure of problems is not an accident but a norm.

Similarly, if you, like me, have seen through the online villains who are acting as accomplices and minions for unscrupulous power and capital, you will know why I am writing this article with anger.

Will the world be better?

The world must be better!

Today, I don't ask you to have the nobility to turn your gun around, but can I beg you to "raise your gun 10 centimeters" for ordinary people?

PS: The full text is complete, with 2320 words. Today's article is a bit fierce, and I have put my heart and effort into writing it. Thank you for your encouragement and support! Welcome to our live broadcast on Saturday night to discuss. Please scan the QR code below to make an appointment. Also, thank you for purchasing my book "Not Betraying the Classics."

Evil to this extent, let's not talk about forgiveness

So shameless, let's nail them to the pillar of shame