Wirecard scandal What’s left of the U committee

As of: 06/22/2021 9:16 a.m.

A year ago, the financial services provider Wirecard went bankrupt. A U-Committee of the Bundestag tried to find out why controllers and supervision failed. The committee has now completed its work.

From Tobias Betz, ARD capital studio

Head of authorities fired, insider trading uncovered: A reform should turn Germany’s financial supervision inside out. The committee of inquiry into the Wirecard scandal has initiated a lot. More than 100 witnesses were questioned and thousands of documents turned over.

Florian Toncar did this for the FDP: The investigative committee had come to a clear conclusion. “We made it very clear that the Wirecard case was not a natural disaster that no one could have foreseen or averted,” he says. There were hints and people who warned early on. The disturbing thing about the Wirecard case is that all of this could have happened with the eyes of sight and under the inspectors’ radar.

BaFin seal of approval?

The central accusation of the opposition: The Federal Financial Services Agency (BaFin) did not investigate early indications of possible irregularities at Wirecard. Instead, according to experts, the authority made fatal misjudgments.

BaFin was convinced that Wirecard was being blackmailed. That is why the authorities imposed a ban on the short sale of Wirecard shares in February 2019. BaFin had never before issued such a speculation ban with a single share. Many market participants understood this signal as a kind of seal of approval: You can trust Wirecard, the company is clean!

Many small investors then got on board. When the rumors that had been circulating for years about inflated balance sheets at Wirecard turned out to be true in June 2020, the share price plummeted. Wirecard was broke. Many small investors lost everything.

The minister and the chancellor had to testify

Since then, the public prosecutor has been investigating, among other things, gang fraud. Former board members were arrested and one of them, Jan Marsalek, is still on the run to this day. Because the control authorities are subordinate to ministries, the opposition’s criticism was directed at the government, says Lisa Paus, who sits on the committee of inquiry for the Greens. “Wirecard was also an auditor scandal. The supervision was under the economics minister Peter Altmaier,” says Paus. Above all, Wirecard is a broad supervisory scandal overall. “The financial supervision was under the SPD finance minister Olaf Scholz.”

Ministers Scholz and Altmaier had to testify in the committee of inquiry. Chancellor Angela Merkel was also questioned for hours. None of them admitted mistakes. On the other hand, the work of the investigative committee certainly increased the pressure on the Federal Finance Minister to completely reform the financial supervisory authority BaFin, which is subordinate to him, including a change at the top of BaFin.

Bankers lost their reputations

Financial expert Fabio De Masi from the Left Party is certain that the results of the committee of inquiry are not only politically interesting: “The auditors’ mistakes will play a role in class actions by small investors,” he says. Never before have so many heads rolled at the head of authorities in such a short time.

Authority managers, bankers, analysts, fund managers and BaFin employees – they lost their jobs, their bonuses, their reputation. These are the first concrete effects of the committee of inquiry into the Wirecard scandal. The witness chair on the investigative committee was therefore soon more feared by some than the dock in a criminal court

Produced｜Sohu Finance

Author｜Wu Ya

On the evening of June 14th, Juran Zhijia (SZ:000785) issued multiple announcements in a row, disclosing various contents such as “Adjustment of Beijing Juran Zhijia Home Furnishing Chain Co., Ltd. (hereinafter referred to as “Home Chain”) related performance commitments.

Jiaranzhijia said that in view of the comprehensive impact of various factors such as the sudden outbreak of the new crown epidemic in early 2020, the listed company plans to adjust the performance commitments of the home chain after consultation with the performance pledger.

In the original performance promise, the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses (hereinafter referred to as “net profit deducted from the parent company”) realized by the household chain in 2020 should not be less than about 2.42 billion yuan; and financial data Shows that this indicator for the household chain in 2020 is about 1.297 billion yuan, which is 1.118 billion yuan less than the original performance commitment, and the performance completion rate is 53.59%.

The announcement shows that after this adjustment, the household chain will no longer assume the performance indicator of deducting non-parent net profits in 2020; the original performance commitment will be postponed to the next fiscal year, that is, 2021; in addition, other performance compensation The method and calculation formula, the implementation of profit compensation and other original terms are not adjusted.

Photo source: “Announcement of Juran Home New Retail Group Co., Ltd. on Adjusting Beijing Juran Home Furnishing Chain Co., Ltd.’s Performance Commitments”

Jia Ranzhi was established in 1999. In December 2019, it backdoor Wuhan China Merchants reorganization and listing and landed on the A-share capital market. At that time, Jia Ranzhi signed a performance betting agreement with Wuhan Zhongshang, the holder of Shell Resources.

In 2019, the first annual report after listing, home furnishing chain achieved 2.117 billion yuan of net profit deducted from the parent company, fulfilling the first performance period commitment; but in the first year after backdoor, the home furnishing chain performance was unqualified for gambling.

In the first quarter of this year after the epidemic, the business of Jia Ranzhi ushered in a rebound. According to the plan of Jiaranzhijia, in 2021, it will have breakthroughs in the development of six self-service modes, and the establishment of its first overseas store outside the country.

Home furnishing chain deducts only 1.297 billion yuan in net profit from non-returned parent in 2020, “unqualified”

The result of “the first year of backdoor performance is not qualified for gambling” has been reflected in the 2020 annual performance forecast announcement. At that time, Jiaranzhijia had announced that in 2020, the non-net profit will be reduced by up to 30% to only 1.45 billion yuan; and that “preliminary estimates that the home chain will not be able to complete the 2020 annual performance forecast”.

Judging from the statement of the announcement, the new crown epidemic is the main factor that has caused such a predicament for home furnishing chains. Jiaranzhijia stated that “the household chain’s operating income was directly reduced by 2.161 billion yuan due to the impact of the epidemic, and the net profit attributable to the parent company will be reduced by 1.277 billion yuan after deducting non-recurring gains and losses in 2020.”

Among them, home furnishing chains reduced rents, property fees, market management fees, and advertising and promotion fees for a total of 1.569 billion yuan (72.6%); during the epidemic period, the leased area was reduced, and the rent was also reduced by 259 million yuan; Signing of franchise stores has been significantly reduced compared with the same period and plan, and the loss of household chain stores is 152 million yuan.

However, due to multiple factors such as preferential policies and property owners’ rent reductions, the household chain will save 443 million yuan in operating costs in 2020.

The home furnishing business is mainly engaged in home furnishing products retail, home improvement services, home store business, decoration business and other pan-furniture businesses. In December 2019, after nearly a year, the home actually backdoored Wuhan Zhongshang to land in the A-share market (issued by Wuhan Zhongshang) The shares purchased 100% of the home furnishing chain) and became another home furnishing store giant that has landed on the A-share market after Macalline (SH: 601828).

At that time, from the book assets alone, the transaction consideration of 35.65 billion yuan between the two parties was not cheap; compared with the net asset value of 11.199 billion yuan involved in the transaction, the premium rate was 218.54%.

As a result, this also left the sword of Damocles hanging over the head of the unexpected house-the gambling agreement. At that time, the two parties made performance commitments for the home furnishing chain: from 2019 to 2021, the home furnishing chain will achieve a net profit of no less than 2.06 billion yuan, 2.42 billion yuan and 2.72 billion yuan, respectively.

The agreement signed by the two parties also clarified that “if a force majeure event occurs that causes part of the original profit forecast compensation agreement to be unfulfilled or delayed, neither party is required to bear any liability for breach of contract due to the unfulfilled part or delayed performance caused by the force majeure event.” .

The first annual report after listing is the first performance commitment period. The net profit of household chain deductions from non-parents is approximately 2.117 billion yuan, far exceeding the commitment target of 2.06 billion yuan, and the performance completion rate is 102.76%.

In the first year after the backdoor, that is, the second performance commitment period, the final result showed that the net profit attributable to the owners of the parent company in the consolidated statement of the household chain was 1.368 billion yuan; the actual profit is the net profit after the deduction of the non-parent company after the consolidated statement. 1.297 billion yuan; and 2.42 billion yuan of performance commitments, there is still a gap of 1.118 billion yuan.

Photo source: “Special Verification Opinions of CITIC Securities Co., Ltd. on the Realization of the 2020 Performance Commitments and Performance Commitment Adjustments of Beijing Juranzhijia Home Chain Co., Ltd

In view of this, Zhiranzhijia said that it intends to adjust the performance commitments: After the adjustment, the net profit of the home chain in 2019, 2021 and 2022 will not be less than 2.06 billion yuan, 2.42 billion yuan and 2.72 billion yuan, respectively. ; In addition, the original performance does not make adjustments to other major terms in the gambling agreement.

In other words, after this adjustment, the 2020 performance commitment of the home furnishing chain will be postponed to the next fiscal year, 2021.

According to the announcement, the new crown epidemic is an unforeseen and insurmountable force majeure event that was unpredictable and insurmountable when the original performance betting agreement was signed, and it is directly related to the failure of the household chain to achieve the 2020 performance promise, so this adjustment plan is reasonable.

“This adjustment plan is conducive to further urging home furnishing chains and companies to increase the speed of performance recovery, increase the rate of performance improvement, and essentially improve the quality of listed companies, which is conducive to the long-term interests of all shareholders, especially small and medium shareholders.” Jiaran said.

This year’s GMV may exceed 100 billion yuan, and plans to open no less than 70 new stores

The annual report shows that due to the impact of the epidemic, the total revenue of the house in 2020 was 8.993 billion yuan, a year-on-year decrease of 2.56%; the net profit attributable to the parent was 1.363 billion yuan, a year-on-year decrease of 56.81%.

During the period, the operating cost of the house was 5.36 billion, a year-on-year increase of 9.3%; the expense ratio was 18.2%, a year-on-year increase of 4.6%, which was a drag on the company’s performance. In addition, in 2020, the annual sales (GMV) of Jia Ranzhi was 65.7 billion yuan, a year-on-year decrease of 17.87%.

In addition to the sharp decline in performance, from 2018 to 2020, the interest-bearing liabilities of the house were 258 million yuan, 3.104 billion yuan, and 4.131 billion yuan respectively, which increased by about 16 times in three years; of which, the long-term interest-bearing debt was 1.32 respectively. Billion yuan, 2.305 billion yuan, 2.587 billion yuan, 5.1 times in three years, accounting for more than 51%.

In May 2020, Ranzhijia, which was listed on the backdoor for only half a year, launched a fixed increase, issuing stocks to no more than 35 specific investors, raising funds no more than 3.595 billion yuan for store renovation and upgrading, and smart retail construction of Zhongshang Supermarket And replenish working capital and other matters.

In December of the same year, the unexpected home announced that it had completed a fixed increase of 3.5 billion, and companies such as Xiaomi, Ali, and Centennial Life Insurance appeared in the list of subscription targets, which brought a great “blood-tonifying” effect to the unexpected home affected by the epidemic.

Among them, Xiaomi Technology (Wuhan) Co., Ltd., furniture listed company Gujia Home Furnishing (SH: 603816), and Centennial Life Insurance each subscribed for 14.1643 million shares, each with a shareholding ratio of 0.22%; Alibaba (Chengdu) Software Technology Co., Ltd. subscribed 28,329,600 shares, with a shareholding ratio of 0.43%.

The latest financial report shows that in the first quarter of 2021, the house of unexpectedly realized revenue of 3.34 billion yuan, a year-on-year increase of 39.05%; realized a net profit of 630 million yuan, a year-on-year increase of 144.58%. Compared with the same period in 2019, the growth rates have also reached 61% and 43% respectively.

In this regard, Jiaranzhijia said that during the reporting period, the investment rate of the company’s direct-operated stores has overcome the impact of the epidemic and returned to a high level, and the expansion of franchise stores has also resumed rapid growth.

It also predicts that the company’s GMV is expected to exceed 100 billion yuan in 201, and it plans to open no less than 70 new stores throughout the year.

For Jia Ranzhi, 2021 is the second fiscal year after listing, and it is also a crucial year for its digital strategy. In December last year, Jia Ranzhi held a new retail achievement and digital strategy press conference, and for the first time disclosed in detail the new strategy of “building a home improvement and home furnishing industry service platform in the digital age”.

Wang Linpeng, chairman and chief executive officer of Juran Home, said that Juran Home is no longer a traditional home furnishing store, a traditional home retail enterprise, and a real estate-style property service provider. It must become an enterprise with long-term value.

At that time, Ranzhijia launched six self-operated IPs, covering design, decoration, auxiliary materials, logistics and distribution, smart home and after-home services, covering all the upstream and downstream tracks of home improvement and home furnishing, including lying flat designer home, digitalization Six platforms including smart home improvement service platform.

According to the plan of Juranzhijia, these six IPs have the profitability to run wildly along their respective tracks; they can also be interconnected and empowered with each other. It is estimated that “every track can contribute more than 10 billion in revenue within 5 years after it runs through.”

In terms of the main business, Jia Ranzhi predicts that in the next 5 years (2025), offline stores will strive to exceed 1,000, with GMV exceeding 150 billion yuan; within 10 years (2030), offline stores will strive to exceed 1,500, GMV More than 300 billion yuan.

However, the performance of the house in the stock market is not optimistic. On June 11, the stock price of Jiaranzhijia hit 6.31 yuan, the lowest since December 28, 2018; it closed at 6.73 yuan, down 0.16%.

On June 15th, the first trading day after the announcement of the adjustment of the performance commitment compensation plan, the stock price of Jiajiao reached the bottom again at intraday, to 6.22 yuan; it closed at 6.29 yuan, down 1.26%.

Sun Li’s latest set of blockbusters is a good example for everyone. Although the whole set of blockbusters is very unsuitable for her, it also makes it rare for Sun Li to completely overturn the blockbuster filming, but only look at the combination of single products. It is a very high-end interpretation of retro style.

Large area of ​​black

In the past, we mentioned retro style, in terms of color matching, Most of them are some high-bright contrast colors, such as red and blue, the whole body powder Wait while For the high-end retro style In terms of color, the choice is this Large area of ​​black Best what we call “advanced”

Black itself is a color that can highlight the aura. Although it is low-key, it is very prominent in visual effects, especially for All-over black dress In other words, it magnifies the effect of the whole body to the extreme, and for the interpretation of the whole body black, if you want to show a high-level retro sense, it can also have fashionable highlights, you need Pay attention to the highlight of the sense of hierarchy !

The word sense of hierarchy has really been emphasized too many times in a outfit, and it can show a clear sense of hierarchy. Color matching and style matching The above can be done, because we emphasized the black shape this time, so if we want to show the sense of hierarchy, we can only reflect it through style matching.

Simply put, it is to show through two ways of wearing…

Dress style

For a black dress shape, if you want to show a sense of hierarchy, you can pass The design of the collar , Overall silhouette To reflect, such as the neckline of the tube top, the skirt of the umbrella skirt, these are very good levels of display, and in Accessories On top, like shoes decorated with some crystals or broken diamonds, it can also play a finishing touch.

Matching of top and bottom

For the combination of tops and bottoms, if you want to reflect the sense of hierarchy, you can Revealed by the obvious contrast of the large silhouette ,such as The top is loose and the bottom is tight, the top is short and the bottom is long , Even the combination of short sleeves and trousers is the most simple and direct way to show the sense of hierarchy.

Because it is a black shape, so in order to highlight the highlights of the whole body, we Need to make some finishing touches on the accessories , Such as colorful accessories or some bright spots in the details of the clothing itself, and the whole body is matched with a large area of ​​black, it will be more perfect.

Large area of ​​white

Similar to the principle of black, if black is the most aura of the color, then white is the cleanest and purest color, but in the advanced retro style, white represents the full atmosphere and dignity.

In the color matching, white needs to have a clear primary and secondary relationship with black. Because in the overall shape, white will be the protagonist, so a small area of ​​black is fine, but Pay attention to the sense of unity , If there is black in one of our outfits, then there can’t be only one part with black, and the other parts should be matched with some black.

For example, if there are black stitching on the skirt, then you can add some black on the neckline and sleeves…

but if Black as an accessory Appeared, such as a black top hat with white clothes, Correspondingly, the color of the bottom garment is preferably black , So that you can have a unified feeling of upper and lower, and with this combination, the black area is definitely larger than the white, but in terms of visual perception, the white is still the protagonist.

Disclaimer: The text is original, the picture comes from the Internet, if there is any infringement, contact to delete it. Plagiarism is prohibited, offenders must be investigated!

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Deutsche Bahn Train drivers announce strike

Status: 08.06.2021 1:43 p.m.

The collective bargaining has failed, the labor dispute is a done deal: The German Engine Drivers Union wants to call for a strike at Deutsche Bahn. A date is not yet known. Deutsche Bahn customers have to be prepared for strikes. The union of German locomotive drivers (GDL) declared its collective bargaining negotiations with the company to have failed and decided to take industrial action. The union has not yet announced a date. It also left open which areas of the company could be affected. The fourth round of negotiations between employers and employees also failed to bring an agreement on Monday. “We wanted to negotiate and reach an agreement, but DB refused again,” said union leader Claus Weselsky. He accused the railway of wanting to worsen the working conditions of the train crew and of lying in statements to the contrary.

First strike since December 2018

In the event of a strike, it would be the first at Deutsche Bahn since December 2018, when the Railway and Transport Union (EVG) called on its members to take part in a labor dispute. The last wave of strikes by the GDL was six years ago. The railway had already seen the escalation coming after the unsuccessful conversation in Berlin. After the meeting, Chief Human Resources Officer Martin Seiler criticized that the union aimed at confrontation at all costs. The GDL consciously accept damage for customers. The group is still ready to talk.

According to the railway, the union is not ready to talk

According to its own statements, the railway proposed a collective bargaining agreement on Monday that would have brought employees increased incomes, as in the public sector in the airport sector. However, the union refused to talk about leeway and solutions. You insist on significantly higher demands. The contracting parties in the public service agreed in autumn on wage and salary increases of 3.2 percent over a period of 28 months. Due to the slump in traffic, however, special rules apply at airports with delayed tariff increases, reduced working hours and a suspension of performance-related pay.

Deutsche Bahn announced at an inopportune time

The labor dispute hits not only the customers, but also the financially troubled company at an inopportune moment. After the relaxation of the corona rules, the state-owned company’s business is picking up speed again. In regional traffic you drive the full range, in long-distance traffic almost 100 percent, said Seiler. “Bookings are picking up again, that’s nice.” It is all the more important that the GDL make its contribution in solidarity. In September, the railway had put together a tariff package with its largest union, the railway and transport union. From the beginning of 2022, employees will receive 1.5 percent more money. No redundancies for operational reasons are possible until the end of 2023. In previous collective bargaining rounds, the almost 215,000 Deutsche Bahn employees were able to look forward to some significantly higher increases in income. The GDL refused to take part in the negotiations. An arbitration in autumn failed. After the wage agreement expired at the end of February, the new round of negotiations began.

It is also strange, the origin of apricot tree is in the central mountainous forest, with its “primitive” shape, rough, sinuous, wild, but when down to the Southern Delta, it is immersed in the alluvial of the Me River. Kong, it becomes a splendid and noble flower plant, and as a spring flower, a symbol of wealth, wealth, and wealth … For the people of the South, three days of Tet, in each family, whether rich or poor, there is at least one apricot branch, as a hope, a wish for the new year to have many blessings and fortune. And the apricot blossom did not know when it became the most luxurious of all flowers. When the rains of the season have just ended, the weather is lucky at night to warm the apricot stalks, the sun is like a gentle claw to awaken the sprout of apricot buds .. And when the swarms of swallows make their nests to signal Spring. Tet comes. Tet in the South has two specialties that are unmatched: watermelon – yellow apricot. Without yellow apricot, it is no longer Tet. The flowers only bloom in 3 days of Tet, but the golden color is sunny throughout the year. In the early days of spring, apricot flowers from the orchards flock to the town center, to the market street, the apricot trees are full of round green buds, glistening with a few green young leaves, dotted with a few golden buds, creating air festival. The rich bring the apricot tree home. The poor, no matter how poor, try to find a small branch of apricot on the altar of their ancestors. Yellow Plum is not only a flower to decorate the Tet colors, but also a symbol of Phuc – Loc in the year. Mai is like a god that predicts the future in the new year. If the apricot blossom bloom in three days of Tet, its petals are steady, and the color is bright yellow, that year the owner will be happy and happy. If the flower buds wilt, fall, the petals are curled, the homeowner will have many difficulties. Mai is sad and happy for a new year… so for mai, not only is she feeling awkward, “inspiring flowers”, but also the tacit reverence like “flower spirit” of Xuan. Cheese blossoms are not as beautiful as other flowers, but discreetly show their hidden beauty, only eyes can see that beauty. From the tree shape following the symbolic positions: Long – Phung – Phong – Van – Son – Thuy …, branch shape Tam Tai: Thien – Dia – Nhan, Four directions: Thuong – Ha – Ta – Huu, to the buds on the tree: bud Round like beads are bunches of yellow flowers are hiding waiting for the right moment to bloom, chicken-hooves bud is the hiding place of young green leaves like pearls. When the flowers bloom, the bud leaves dotted them for a more attractive apricot yellow color. And the scent of flowers, not everyone knows the scent of yellow apricot. It is a kind of incense called “haunted incense”, only when night falls, the weather is a bit seizure, everything sleeps peacefully, then the human mind must also be calm and not moved to feel the pure fragrance full of mystery. lurking, the purer, the more the aroma radiates … This also creates the essence of apricot. The purchase of Tet apricots is usually done by the head of the family (a man), expressing his aesthetic conception to choose apricot. Depending on the interior space or the family situation, the homeowner chooses a tree or branch, big or small, with such poses as: straight shape, draining wind, waterfall, five blessings, dragon, father, mother or father. multi, three-talented, .vv … to put in pots, round, flat, oval, square, hexagonal. According to books and folklore, there are many types of apricot blossom, 14-15 basic types, but basically all kinds of apricot: Khanh khat mai, Ha hoa mai, sandalwood, Ban Mai mai, Crane sign mai … of course, according to normal practice, the player of apricot, buying apricot blossom only focuses on 2 types: quarter-quarter plum, four-season blooming with 5 wings, big flower, and a hybrid apricot with 10 or more wings up to 120 wings and redolent. “Play” tomorrow is also an elegant and sophisticated hobby that not everyone can know “play”. Plum is an aura flower, even its scent is very discreet and selective, it can only “capture” its scent deeply at night, cool and dewy air, human mind is also real. New stillness can receive the faint scent of apricot blossom. Right from the “Christmas season”, tomorrow has been cared for by the gardeners, under the hands of famous artisans in areas specializing in the decoration in the southwestern region such as Dong Thap, Ben Tre, Sa Dec, Kien Giang, Can Tho. … And some long-standing traditional apricot villages in the outskirts of Ho Chi Minh City such as: Hiep Binh Chanh apricot village, Binh Trieu, Binh Chanh 1, Binh Chanh 2, Go Vap flower village, Hiep Binh Chanh flower village (Thu Duc) Mai to “play” is also very meticulous and stylish, not only choosing apricot varieties, but also having to choose “how” of apricot trees (including the stump and branches), so that if “playing” the whole tree or pruning a branch is beautiful. as the. According to the general conception of bonsai: best picture, second generation, tam chi, four messages. In order to get an apricot tree according to the “like” way, the apricot planter has to take many years of care and pruning for all floors and branches like the basic “position”: The yin and yang, the yin tree below must have 3 floor, 1 top; Poplar trees above must have 5 floors, 1 top … Usually the chosen apricot root has the basic characteristics: “old” root, big, rough skin, maybe even moss, with “like” forms: Father, brother, friend, mother death, woodcutter, Diep, volunteer, best when heaven, … Small but strong apricot branches, with shapes such as: kneeling feet, flying cranes, phoenix … In addition to the above features, apricot also focuses on the division of branches on a apricot root such as: Big branches, small branches, the arrangement of branches .. creating “internal air” of apricot branches: Branches dividing layers , evenly spread cotton, strong branches, flexible branches, plump buds, young leaves buds … The “playing” tomorrow of the artisan line also distinguishes many other things such as: stigma and yin and yang, four-quarter branches. The stigmata is directing husband and wife, branching from the fourth quarter of Spring, Summer and Fall … The apricot family is diverse and plentiful, but tomorrow is also seen as a symbol of nobility, purity, purity, gratitude and soulfulness. Moreover, apricot is said to bring luck to homeowners with apricot buds blossoming at the right time of New Year’s Eve. On the occasion of the Lunar New Year, in every house of the Southern people in general, the people of Saigon – Ho Chi Minh City in particular, the apricot tree or branch is placed in the most solemn position. And in the parks, even on the street, apricot is the most important element to decorate the Tet space. Without the golden apricot color, the Lunar New Year in the South will not be complete enough to be called Tet.

Everyone knows that the plot in “The Top Floor” is very bloody, but many people don’t know that Li Zhiya’s life in reality has a more turning point than that of Xiulian in the play, and even the TV series dare not shoot like this.

At the age of 42, she is still as beautiful as ever, and her figure is very well maintained. In “Top Floor”, the temperament plutocracy daughter can be said to be her true color.

Li Zhiya was originally named Kim Sang-eun. Before liberation, her family made a lot of money by doing silk business, and later established the Yuying Consortium to gain prestige.

The land in Pyeongchang-dong of Seoul High School was donated by Lee Ji-A’s grandparents. Her family and political party advisors have had private contacts for many years, and even have the same private house as the former president.

The well-born Li Zhiya studied in the United States since she was a child, enjoying a good education, and graduated from the Art Center School of Design, which is ranked number one among the 30 best design schools in the world.

I often design dresses by myself, and I also designed my own official website. I can play bass, music, and write. I am very talented.

He just debuted at the age of nearly 30, and he played against Bae Yong Joon as soon as he debuted, and partnered with the hottest Jang Keun Suk at the time, which shows how unusual the identity of this sister is.

Later because of the collaboration with “Athena” Li Zhiya and Zheng Yusheng reported a love affair, and the two were photographed walking together on the streets of Paris.

After the two acquiesced in their relationship, it suddenly came out that Li Zhiya had married Xu Taizhi.

At the beginning, Xu Taizhi was the most sought after figure in the men’s group “Xu Taizhi and the children”. His talent was sought after by many fans. At that time, he had a high status in the entire music scene, and every move would be affected.

At that time, Xu Taizhi was also known as the “Cultural President” and was a completely national idol.

When Li Zhiya was studying in the United States and met Seo Tae-zhi who came to the United States to perform in the United States. After her sister’s introduction, the two had exchanges and kept in touch with each other. At that time, Li Ji-a, who was only 16 years old, was devoted to love and married Seo Tae-zhi at the age of 19. In order to prevent anyone from knowing about her marriage with Xu Taizhi, she broke all her family and friends, and her life revolved only around Xu Taizhi.

After returning to China as an actor, he also met his boyfriend Zheng Yusheng, and Zheng Yusheng once said in an interview, “She said one thing very hard. She told me in Paris before the report appeared. The fact of the relationship has learned about marriage and divorce.”

But after all the explosive news appeared, public opinion was accusing Li Zhiya, but Zheng Yusheng chose to remain silent, and in the end the two did not come to the end.

And her face has changed a lot in the ten years since her debut, so there have been rumors about her plastic surgery.

And Li Zhiya also repeatedly denied through the brokerage company, saying that the facial swelling was caused by bad condition. However, she once admitted on the show that she wanted a tall nose, so she had a rhinoplasty, but because of her physical condition, she became irritated, and finally chose to take out the filler.

Although it has experienced a low ebb, Li Zhiya is now relying on “Top Tower” to become popular again, and has won the love of the public, letting more people know her true side, and the cast members of the same crew also commented on her very well. When she was on a variety show, she could also tell that she was really a gentle and charming person. Although many viewers have already wanted to abandon the show because of the reversal of the first two seasons of “Top Floor”, I believe that after the third season comes out, the audience will still watch Xiulian sister on time.

Tranquility is not only because of her work and her appearance, but also because she has recently been recognized that she likes to do things that people dare not do. In the photo below, Tranquility is wearing a white shirt, long skirt and Tranquility short hair. Wearing a white shirt skirt is very fashionable and capable, but the makeup looks very failed and very old.

Tranquility will give everyone a lot of surprises every time in the way she wears herself and her makeup. Sometimes it looks exquisite and charming, sometimes it looks simple and old-fashioned, and the difference is quite big!

And Tranquility seems to be single-minded in one thing, that is, she has always had a capable short hair in her hair. No matter what kind of outfit she wears, her short hair matches. In the photo below, Tranquility wears an orange. A red sweater with black tights, plus a dark blue jacket, looks trendy and cute!

Sometimes seeing Ting Ning wear smart clothes is also fascinated by a large group of people. In the photo below, Ting Ning wore a black T-shirt with camouflage trousers, plus a black denim jacket, but the very simple clothes were matched. Plus a capable short black hair, looks even more handsome than boys!

So Tranquility easily catches everyone’s love to wear and match with boys, so it looks cool and trendy, and I don’t forget to highlight my charm. This is tranquility, and it’s always been that way. Impressed!

Serenity courage is nothing new in the female star circle. In the photo below, Serenity wears a white suspender with dark blue denim high-waisted trousers and a black short coat. It looks gentle and elegant but on his face. The mask is very eye-catching!

This is why the editor said that tranquility is always so unexpected, and the surprises it brings to everyone are also diverse, especially in lipsticks. Everyone knows that tranquility is a loyal lover in lipsticks, driving different things. The color has attracted everyone’s attention.