Beingmei’s mother purchase defaulted on payment from several suppliers, and many members were punished to protect their rights

The mother and baby e-commerce platform of beingmei Group Co., Ltd. has been in arrears with the payment and deposit of several suppliers for a long time. Many members and consumers have paid thousands of yuan of franchise fees to become their “Star Store” owners, but they do not enjoy the corresponding rights and interests and can not be refunded. Since the beginning of this year, on the two major e-commerce complaint platforms of cable Suibao and black cat, mom purchase has been scolded very badly. Bain Meimei Co., Ltd., once the No.1 domestic milk powder listed company, has been negative in non net profit deduction for several years, and its share price has been in a downturn for a long time. < p > < p > according to Tianyan information, mumugou was established in 2015, focusing on the business of mother and infant e-commerce, mainly selling products related to mother and baby, such as food, cosmetics, home furnishings, etc. The product range covers beingmei’s own products, as well as other mother and baby brand products. As of November 2 this year, Bain Mae group holds 75% of the shares of its mother. < p > < p > Li Yun is one of them. Since 2018, he has become the supplier of mom’s purchase, mainly supplying food, skin care products and other products to the latter, and entrusting his mother to buy on a commission basis. When the product is sold out, after deducting the platform service fee and other fees, mom will pay Li Yun the corresponding payment. The general settlement period is 45 days. < p > < p > in the first year, Li Yun’s products sold well on his mother’s purchase, and the payment was timely. However, by the end of last year, the payment settlement was abnormal, and Li Yun did not receive the corresponding payment as scheduled. Because of the long cooperation time, Li Yun didn’t care at that time.

was affected by novel coronavirus pneumonia. Li Yun’s payment to the end of this year was not yet paid until May of this year. In addition to the payment for goods generated in the later period, Li Yun’s outstanding payment for goods on his mother’s purchase platform exceeded 100000 yuan. < / P > < p > “we are small and medium-sized enterprises, and have been greatly affected by the epidemic this year, so we contacted mom to pay off the money. But the other side replied that there were some problems in the capital chain, and the relevant funds could not be cashed for the time being. ” Li Yun said in an interview with fulcrum finance and economics reporter. However, in May this year, Li Yun suspended the supply of his mother’s goods, and filed a lawsuit in the name of the company against Momo and beingmei group, demanding to refund 10000 yuan of deposit and pay more than 100000 yuan of overdue payment and corresponding interest loss in the name of the company. < / P > < p > “after the lawsuit, mom and I reached a court settlement after negotiation.” “In late October, we just received the payment,” Li added < p > < p > Wu Yu is a self-employed supplier of mom. She mainly supplies potted flowers and plants to her mother. Her payment of several thousand yuan in 2018 has been in arrears. Because there is no way to recover payment from his mother, he complained on the e-commerce consumer dispute mediation platform e-suibao in April this year. < p > < p > Lynch is also one of the suppliers of mom’s purchase. It mainly supplies products such as suction paper and wet tissue for her mother. From November 2019 to April this year, the payment of tens of thousands of yuan has been in arrears. In August this year, he made a complaint on the complaint of black cat, a consumer service platform. As in Wu Yu’s case, his payment and deposit have not been recovered. < / P > < p > “I heard that some suppliers have recovered the payment and deposit through litigation, and we are also ready to file a lawsuit against Momo.” Lynch said in an interview with fulcrum financial reporters. < / P > < p > there are also a number of mom purchase suppliers to fulcrum finance and economics reporters that they all have similar situations, so they have to remove the products on the platform. In August last year, Wang Yu paid 288 yuan and 6000 yuan to become a plus member and a “Star shop” owner. < / P > < p > according to the promotion of the mom purchase platform, plus members can enjoy the rights and interests of earning commission through commodity sharing, cash reward for recommending new plus members, and higher sharing and recommendation rewards for “Star Store” owners, as well as free live electronic screen and sales bonus with online red goods. < / P > < p > “but none of these rewards have been realized.” Wang Yu told fulcrum finance and economics reporter, “I developed a member, because there was no reward in fact, so I didn’t continue to develop.” < p > < p > in August this year, Wang Yu also complained about black cat complaints. Black cat complaint data show that, and Wang Yu has similar situation of mother purchase member consumers, not a few. < / P > < p > on October 31, fulcrum finance and economics reporter landed on the mom shopping app and randomly selected three products to place orders in the mom supermarket section recommended by him, all of which indicated “order failed”. < / P > < p > on November 2, fulcrum finance and economics reporter called the customer service of mom purchase, and the other party said that the reason for this was that the quantity of goods cooperating with a third party changed rapidly. < / P > < p > why does Mom purchase come to the present situation? The above-mentioned suppliers and member consumers interviewed by fulcrum financial reporters speculated that it might be affected by the tight capital chain of “brother company” beingmei. According to the latest results of the third quarter of this year released by Bain MEII, although the operating revenue was 2.205 billion yuan, the non net profit loss was 14 million yuan. According to wind data, from 2016 to September 30, this year, the accumulated loss of non net profit deducted by beingmei exceeded 2.3 billion yuan. < p > < p > in the melamine incident in 2008, Bain Meier was one of the few domestic dairy enterprises not involved in it, and it rose rapidly. In 2011, it successfully landed in a shares. 2013 is the most brilliant year of Bain mein. This year, it won the first place in China’s milk powder industry with 6.117 billion yuan of operating revenue, 721 million yuan of net profit attributable to the mother and 697 million yuan of deduction of non net profit. But after that, they began to go downhill. < p > < p > an industry expert familiar with Bain mein told the fulcrum financial reporter that Bain mein’s poor performance in recent years is mainly related to the fierce market competition. < / P > < p > in 2016, after the implementation of the registration system for infant formula milk powder, a large number of domestic brands began to rise gradually based on the measures of reputation reconstruction and the transformation of maternal and infant channels, and the market share of beingmei was eroded. At present, China Feihe, which ranks first in domestic milk powder industry, has achieved 8.722 billion yuan in business revenue in the first half of this year alone, with a net profit of 2.753 billion yuan and a non net profit of 2.320 billion yuan. < p > < p > on October 31, fulcrum finance and economics reporter visited a large supermarket chain in Wuhan. There were a lot of brands on the milk powder shelves, but there was no Bain Meier. < / P > < p > “we sold Bain mein a few years ago, but the sales volume was not good, so the products were always on time, and finally they were off the shelves.” The supermarket’s milk powder promoter to fulcrum financial reporters said. According to the statistics of fulcrum financial reporters, since August 2019, as of October 28, 2020, Fonterra has reduced its holdings of about 128 million shares of Bain Mae, with the remaining 64.9804 million shares, accounting for 6.3549%. During this period, the highest average price of reduction was 8.8593 yuan / share and the lowest was 5.15 yuan / share. < / P > < p > it should be noted that in March 2015, when Fonterra took a stake in beingmei as a strategic investor, the tender offer price was 18 yuan / share, a total of about 194 million shares were purchased, and the cash cost was more than 3.4 billion yuan. < / P > < p > on October 30, fulcrum financial reporters contacted Bain Meier group by telephone and email, and sent a related interview letter. The other party said that they needed to provide the press card number to make relevant reply. On November 1, the reporter sent the press card number to the other party by email as required. As of press release, Bain Meier group has not had any reply. CUISINE&HEALTH