Hongling Venture Capital has more than 2.57 million registered users and more than 450,000 actual investment users. The total turnover was 345.4 billion yuan, and the profit of investors exceeded 7.6 billion yuan. By March 24, 200018, the total transaction amount of Hongling venture capital was about 345.493 billion yuan, the amount to be repaid was nearly1686.7 billion yuan, and the amount of transferred creditor's rights exceeded 4.348 billion yuan.
The article points out that since the entry of the senior management team of the bank, a large number of large-scale creditor's rights, mainly real estate, have been issued, and the transaction amount has risen sharply. Some borrowing companies defaulted after lending, and Hongling Venture Capital was affected by bad creditor's rights. In March this year, the issuance of large-scale targets was stopped, and there are still more than 5 billion yuan of non-performing assets in the process of disposal. According to the evaluation of 60 projects in the preservation stage by Shenzhen Guoce Assets Appraisal Co., Ltd., it is estimated that it is feasible to dispose of them within three years.
20 171October 28th, Shennan co., ltd officially signed a contract with shenzhou agricultural service to provide financial services for rural land transfer. The target amount of this business does not exceed 200,000 yuan, the borrowing cost does not exceed 12% annual interest, and the initial cooperation scale will reach 80 billion yuan. In addition, through the repurchase of minority shareholders' shares by major shareholders and related parties, the total shareholding of major shareholders and related parties has exceeded 60%.
"20 18, self-revolution of Hongling Venture Capital" original:
20 18, the self-revolution of Hongling Venture Capital.
The ninth anniversary of Hongling Venture Capital, 50-year-old Lao Zhou is no longer willful. The self-revolution of Hongling Venture Capital is not a catharsis of sadness, but an expectation of getting rid of all inherent ills and getting a new life. After full preparation, the countdown has begun, and the opportunity of online loan filing is a rare opportunity for Hongling Venture Capital.
Hongling Venture Capital has more than 2.57 million registered users and more than 450,000 actual investment users. The total turnover was 345.4 billion yuan, and the investor's profit exceeded 7.6 billion yuan, which generally maintained a stable operation. Since the bank's senior management team entered, a large number of large-value creditor's rights, mainly real estate, have been issued, and the transaction amount has risen sharply. Some borrowing enterprises are overdue after borrowing. Hongling Venture Capital has been affected by the bad debt incident. After summary and reflection, the board of directors of the company found that large-scale target business is not the strength of Hongling Venture Capital, and in the process of disposing of many non-performing assets, it was found that some company executives had the behavior of transferring interests and sacrificing the interests of the company to seek ill-gotten gains. In the past two years, Hongling Venture Capital has replaced many presidents and vice presidents, dismissed many branch general managers and employees, reported and investigated many cases to Shenzhen Economic Investigation Department, and arrested more than 20 domestic and foreign criminal suspects. After the rectification, the company's management team led by President Xu Xiang actively disposed of non-performing assets and developed new products, such as real estate easy loans, under the premise of stopping issuing large bids, which achieved certain results and won valuable time for the company's transformation.
Comprehensive evaluation of mutual fund rectification and the status quo of Hongling Venture Capital shows that there are serious problems left over from history, which restrict the short-term compliance process of Hongling Venture Capital, especially the progress of non-performing assets disposal and bank custody. We have recently focused on the following work:
I. Deposit and management of bank funds
Hongling Venture Capital mainly docked Ping An Bank, Industrial and Commercial Bank of China, China CITIC Bank, Xiamen International Bank and Shanghai Bank. Xiamen International Bank was officially signed, and the technical interface has been basically completed. At present, we are waiting for the Internet Finance Association to publish the test white list and coordinate the online time of depository.
Two. Disposal of non-performing assets
Although the issuance of large-value targets was stopped in March this year, the problem of insufficient assets is serious. After cooperative development and litigation auction, nearly 2 billion yuan of cash was recovered last year, and more than 5 billion yuan of non-performing assets are still being disposed of. At the end of February this year, Shenzhen Guoce Assets Appraisal Co., Ltd. was hired to evaluate 60 projects in the preservation stage of our company: 40 projects with principal mortgage rate below 70%, accounting for 66.67%; There are 10 projects with the principal mortgage rate of 70%- 100%, accounting for16.67%; There are 10 projects with the principal mortgage rate of 100%, accounting for16.67%; Comprehensive evaluation of the current overall assets of Hongling Venture Capital shows that the risks are controllable, and it is feasible to dispose of all assets within three years with the support of the resources of the holding company in the future.
Three. The problem of reducing the target leverage of net worth
After many times of risk publicity and education on the platform, investors are generally rational at present, and the number of people with more than five times of high leverage has been greatly reduced. More than 5 times leverage will be the focus of reducing leverage in the first half of this year; According to the company's internal evaluation, the overall risk of the current net worth target is controllable, and with the recovery of non-performing assets, the overall scale of the net worth target will also be greatly reduced; In addition, asset package transfer will be tried out in the near future, so that customers with sufficient liquidity can undertake assets, solve the liquidity problem of highly leveraged users, reduce the overall leverage ratio of net worth targets, and meet regulatory requirements to the maximum extent.
4. Major shareholders increase their holdings of Hongling Venture Capital.
In order to maintain the smooth transition of Hongling Venture Capital, major shareholders and related parties have been repurchasing minority shareholders' shares. At present, the total shareholding of major shareholders and related parties has exceeded 60% (details are for reference);
Verb (abbreviation of verb) strengthens the investigation and punishment of executive corruption.
This is a job that is often difficult to grasp. According to the clues found during the collection of non-performing assets, seriously investigate and deal with the behavior of internal executives who use their positions to obtain improper benefits, and report the heavy losses to the economic investigation department and submit them to the industry blacklist;
6. Actively develop compliance business and seize the opportunity of filing.
Last year1October 28th, 10, Shennan Co., Ltd. officially signed a contract with Shenzhou Agricultural Service to provide financial services for rural land transfer by means of financial technology. The target amount of this business is less than 200,000 yuan, and the borrowing cost does not exceed 12% annual interest. Because of the guarantee of land ownership technology, the risk is relatively controllable, and the initial cooperation scale will reach 80 billion. Wang Yang, Deputy Prime Minister of the State Council, paid close attention to the project and personally asked about its progress. The leaders of the Science and Technology Department of the Central Bank and the technical team jointly discussed the feasibility of applying financial technology to the project, and hired Dr. Zhang Ping, former vice president of Tencent Tenpay, to take charge of the project operation. At present, it has been piloted in Jilin, Hebei and Jiangsu provinces, and Yang, vice governor of Jiangsu Province, personally promoted the pilot in Jiangsu Province. According to the company's current deployment, we will make full use of Hongling holding resources, unite with state-owned holding companies and cooperative listed companies to divest the non-performing assets of the original Hongling Venture Capital, and at the same time develop compliance business and put it in the bank as soon as possible to meet the regulatory compliance filing conditions, so as to achieve multi-win through capital market mergers and acquisitions. The acquisition of the billion-dollar loan platform by Shennan Co., Ltd. is only a small step, and there will be more actions that meet the requirements of compliance filing. Please pay attention to the official announcement of listed companies, and welcome more reasonable suggestions to create a better tomorrow for Hongling Venture Capital!
Lao Zhou of Hongling is in Shenzhen.
2065438+March 25th, 2008