"Model of Integrity" Kangwang Industry and Trade Chairman Wang Ping repaid a loan of 100 million yuan in 5 years and guaranteed repayment of more than 30 million yuan for others

Establish Integrity Abandon Bad Habits Promote Righteousness

Abandon old customs and bad habits, promote noble righteousness. This year, our city launched the special education and rectification campaign "Establish Integrity, Abandon Bad Habits, Promote Righteousness." Since then, "honesty" has become a popular trend, and "establishing integrity" has deeply rooted in people's hearts.

Chairman of Zhejiang Kangwang Industry and Trade Wang Ping is a 55-year-old veteran party member with 27 years of party membership. He is the deputy secretary of the Party Branch of Xiangzhu Fourth Village, Xiangzhu Town, and also runs Kangwang Company. Everything was going smoothly until 2015, when a guarantee chain crisis disrupted Wang Ping's stable life.
Because he guaranteed a bank loan for someone else and the borrower was unable to repay, Wang Ping faced a huge repayment amount. Someone once suggested Wang Ping to "shell out" the company to save part of his assets. But he resolutely chose to take responsibility and fully assumed the guarantee amount, fully assuming the guarantee amount, a total of 33 million yuan 。

Deputy Secretary of the Party Branch of Xiangzhu Fourth Village, Xiangzhu Town Wang Ping: Over the years, I have never had a single overdue loan, including interest. I have always been very disciplined and trustworthy. My own Kangwang Company has a high reputation in the industry. I think if I did as others suggested, including the company brand and my own integrity would be lost, which is not worth it.
As the guarantee chain risk spread, Wang Ping's company quickly fell into difficulties, but he never thought about giving up repaying the loan.

Wang Ping: Since this matter was agreed upon with the bank and I promised, no matter what, I have to stick to it. So at that time, I sold several assets.
Over five years, Wang Ping gradually repaid the guaranteed loan of more than 30 million yuan and repaid 100 million yuan of his own company's loans. Wang Ping: As an old party member, I have received a lot of party ideological education since childhood. The concept deeply impressed in my mind is that a person must have a sense of responsibility, and secondly, must keep integrity. A person's integrity is more important than tens of millions of money. The same applies to doing things: either don't promise others, or if you promise, you must do it well.

Wang Ping has become a respected model of integrity in the eyes of villagers through his actions. Villagers say that over the years, Wang Ping has generously donated to village construction, often donating from tens of thousands to hundreds of thousands of yuan annually. His donations can be seen in the village playground, street corners, as well as in the construction of Jianshan Park and Xiangshan Park in Xiangzhu Town.

Village Committee of Xiangzhu Fourth Village, Xiangzhu Town Wang Qichao: The entrance road from Xiangzhu to our village used to be a T-junction. We had to pass that junction to leave the village. It was a dangerous spot because the terrain on both sides was high and blocked the view. Several traffic accidents happened there. Wang Ping personally paid to remove those two hills for the village, and now the road is unobstructed.

Joint Village Cadre of the Natural Village Entrance of Xiangzhu Fourth Village, Xiangzhu Town Wang Jun: People around me all praise Wang Ping because he truly practices honesty and keeps his promises.