Why is it being investigated? Due to the continuous outbreak of the online loan industry in the past two years, the micro-loan network is not much better: 20 19 financial report shows that the company's net revenue is 3.358 billion yuan, down14.2% year-on-year; The annual net profit was 263 million yuan, down 56% year-on-year. At the same time, profits plummeted and stock prices plummeted. When 20 18 went public, the share price of micro-loan network reached $65,438 +00.25, and now it is only $65,438 +0.33, a decrease of 87%. Since March 5 this year, the share price of micro-loan network has been hovering at 1? Between two dollars. According to the regulations of NYSE, enterprises whose share price is below 1 USD for a long time will face delisting. In other words, the micro-loan network has long faced the risk of delisting.
On the other hand, according to the investigation of enterprises, the risks related to micro-loan network are as high as 29 18, including 338 judicial cases. In 2020 alone, there were 194 ruling documents issued by the court, which were basically loan contract disputes. By May of this year, the micro-loan network could not hold on, and the announcement declared that the benign exit had finally come. However, as of February this year, the loan balance of micro-credit network was as high as 8.583 billion yuan, and the accumulated loan amount was 298.663 billion yuan, involving 1 1.55 million borrowers. Under the background of the explosion of online loan industry, the scale of micro-loan network is so large that it is very difficult to be completely benign. A little carelessness is a thunder.