When it comes to fast food chains in China, many people first think of the famous Kung Fu fast food restaurant. As the leader of fast food chain stores in China, Kung Fu fast food is the lunch choice of many office workers, and is regarded by many as the China version of KFC. However, many people have tasted real kung fu, but they don't know that after it became famous, there is another story of fighting for property in the world.

Kungfu was founded by Cai Dabiao, his wife and brother-in-law, and they developed Kungfu together in the early days. It's a pity that Cai Dabiao cheated, and his wife got custody of her son with her equity. Then Cai Dabiao broke up with his brother-in-law, and finally two or more people fought in court for many years. Then my brother-in-law tricked Cai Dabiao into prison 14 years, and then it was over. Due to family disputes, the development of real kung fu in recent years is not as good as before.

1990, Mr. and Mrs. Cai Dabiao entered the shipping industry together and opened a hardware store in Dongguan. In the same year, Cai Dabiao's brother-in-law Pan Yuhai also opened a dessert shop in Dongguan 168. Pan Yuhai is very talented in cooking, and the dessert shop is booming.

However, Cai Dabiao and his wife's hardware store business was very bleak, so Cai Dabiao and his wife discussed and joined Pan Yuhai's dessert house together. Let the wife persuade the younger brother to join in. So Cai Dabiao and his wife joined hands with Pan Yuhai to set up 168 Steamed Restaurant. At that time, Pan Yuhai held 50% of the shares, and Cai Dabiao and his wife held 50%.

At first, Cai Dabiao couldn't cook, but was only responsible for cashier. Pan Yuhai was in charge of the kitchen, so he became the core of the restaurant. Pan Yuhai's cooking is very good, and the business of this restaurant soon became hot, and soon they opened three branches.

Pan Yuhai and Cai Dabiao later registered a double seed food company, which means that brother-in-law and brother-in-law work together like two seeds in the same boat. By 2003, Gemini had opened more than 60 branches in China. Because Pan Yuhai has always been the core of the company, Cai Dabiao felt that his persuasiveness in the company was low, because many business contacts came directly to Pan Yuhai, which made Cai Dabiao very disappointed.

Cai Dabiao and Pan Yuhai discussed taking turns to be the chairman for a term of five years. Pan Yuhai knew his brother-in-law's psychology at that time, but he thought that Cai Dabiao had the ability of management and planning, so he agreed to his brother-in-law's request. So Pan Yuhai became the company's vice president, responsible for the development of the store. With the efforts of Pan Yuhai, the number of double seed shops has grown from more than 60 to more than 200. At the same time, Pan Yuhai also achieved the profit target of North China and East China.

Later, double seeds entered Guangzhou, but the development was not good. Cai Dabiao found the famous planner Ye Maozhong to promote the brand. Ye Maozhong repackaged the company with the image of Kung Fu and put forward the slogan "Kung Fu is better than steaming". Pan Yuhai didn't want to give up his original brand at first, but after all kinds of persuasion by Cai Dabiao, he finally agreed.

Admittedly, after changing its name to Kungfu, the company developed more rapidly and the number of stores increased rapidly. But Cai Dabiao's appetite for power grew with the growth of the company. In order to control the company, he quietly arranged for many relatives to enter the company. Cai Dabiao's brother, sister and brother-in-law all joined the company, controlling the procurement and supply.

In 2006, Cai Dabiao had an affair and his wife divorced him angrily. The wife exchanged 25% equity for custody of her son. At this point, the shares of Kungfu became the standard of Pan Yuhai and Cai Dabiao, each accounting for 50%.

Later, Kungfu got the investment of today's capital, and today's capital is also Liu's venture capital queen. She suggested that Cai Dabiao also change the company's equity, because when the two major shareholders share the same shares, the concept of failure is the highest.

Cai Dabiao tried to persuade Pan Yuhai to reduce his shareholding, but Pan Yuhai refused, and the contradiction between the two sides began to break out. Cai Dabiao's term of office expires, but he is unwilling to hand over the post of president. Finally, the two sides agreed that Kungfu would invest 50 million yuan to let Pan Yuhai develop a brand new brand-Master Ha. But in the first year, Master Ha lost160,000 yuan, and then Cai Dabiao refused to continue investing in Master Ha.

In this way, Pan Yuhai was very angry. He took measures and directly ruined the real Kung Fu loan of 654.38 billion yuan. Pan Yuhai told the bank that the shareholders of the company had contradictions and asked the bank not to lend money to Kung Fu. The contradiction between Cai Dabiao and Pan Yuhai is getting worse. But with the intervention of today's capital company, the loan was finally transferred to real kung fu. At this time, Pan Yuhai gave birth to another plan, telling his former brother-in-law Cai Dabiao that he was going to sell his shares. Cai Dabiao was very happy as a result. He directly borrowed more than 30 million from the bank, embezzled more than 30 million from the company's public funds and gave the money to Pan Yuhai.

Who knows, Pan Yuhai took the money but didn't transfer the shares. Instead, he took Cai Dabiao to court for misappropriating company funds. Finally, Cai Dabiao was sentenced to 14 years in prison, and this farce ended. Now the business of Kungfu in the market is not as good as before, and the ultimate reason is the farce of asset competition behind it.