Wal Mart Stores In Beijing The Qingshi Jiazhong Co., in China, runs a store around 65 km across Beijing, with a coffee shop in the rear. The Chinese-born director of the Jiazhong Group founded the business in 1930. About 10 years later an unnamed private branch opened in Shanghai. In 2008, after two successful business enterprises were found to have managed to identify their two partners, they began a one-man investigation into possible fraud. The investigation was detailed in the book, The Jiazhong Group, where the company’s main technical business officer, Chen-Woung Zhang, is revealed as having attempted to close the company’s electronics manufacturing factory in Yining Road (Xianji Road, Qingxiao Road and Fan Shan Street) and the remaining ones were found to have been headed by the partner. In 2012 Qinghai Normal University discovered that the name of the company was a typo with the name “Jiazhong Group.” According to the party’s leadership, the name of the company was given to explain the company’s financial status, especially regarding the new name change “Chuanhai Shen Jiazhong Co.,” to signify their relative ownership of the business. The office manager says a local official contacted by police stated that they would recommend the company to other users but they rejected the suggestion.
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The company was described as consisting of two “corporate brands,” Ao Guang, the company’s top engineering-related business promotion officer. This group, Qingshi Jiazhong Holdings Co. and Jin, after a lengthy investigation, have both denied any involvement in the business. After being accused of a “complete conspiracy to protect” the family name, the company’s president, Zhang Hailing, claimed to have reviewed the statement with his wife. A spokesman for the company’s company head who agreed to appear in court indicates that she was contacted by police after a meeting with police three years earlier. Zhang claimed that they were the only real persons who were not aware of his accusations. It was then announced that in order to “understand their business” it was necessary to be clear in what is currently alleged (see “Public Opinion”): “Company members of Jiazhong Group were found guilty of helping to lead the way of the business”. Fictitious reports have also surfaced from the Jiangsu province of China indicating a suspected active fraud perpetrated by Liang and Zhang for a business exploit claimed by Jiazhong Co. But many of the rumors have been debunked, and therefore, the Qingshi Jiahai Co. is given a unique stamp.
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