How was Hengtian Wealth written off?

The reasons for cancellation are as follows:

1. In recent years, the operating conditions of Moshan Factoring have deteriorated, resulting in huge losses, especially the well-known Cyndi Luo case, involving a total amount of 2.899 billion yuan. At present, the case has been characterized as contract fraud.

2. Commercial factoring is strictly regulated, and the industry is facing a major reshuffle.

Hengtian Wealth Investment Management Co., Ltd., referred to as Hengtian Wealth for short, was established on 2011165438+6, and its headquarters is located in Beijing CBD. Now it has provided professional services in wealth management, asset management, insurance brokerage and other fields.