Inheritance investment P2P platform financing suspicion

Every reporter Yang Jue Xuan from Guangzhou

Editor's note

In recent years, P2P industry, as one of the hot spots of Internet finance, has a twilight of development. On the one hand, platform outbound events are frequent; on the other hand, P2P platforms have also been heavily funded by venture capital. In the regulatory details have not been introduced today, P2P industry, all kinds of potential risks in particular, investors should be wary.

Recently, Guangzhou hereditary Investment Management Co., Ltd. was the first round of financing by Shenzhen UBS Watson Ventures 15 million US dollars of news, causing great concern to the industry. "Daily Economic News" reporter found that there are many questions about the information disclosed by this round of financing related parties. In order to restore the truth, the reporter conducted a field investigation.

Recently, Guangzhou hereditary Investment Management Co., Ltd. (hereinafter referred to hereditary investment) announced the acquisition of 15 million US dollars venture capital. Its invitation letter to the media shows that this is "the first net loan-P2P platform in Guangzhou for venture capitalists."

Hereditary investment CFO Wang Guanghui told the "Daily Economic News" reporter, hereditary investment previously mainly engaged in overseas fund business, and now the core business is P2P net loan. The introduction of venture capital, investors hold 10% of the company's valuation of about 930 million yuan. It is understood that hereditary investment's P2P platform for 365 financial.

According to the official website information, in addition to 365 finance is "Guangzhou's first net venture P2P lending platform", there are many halo head, such as Guangzhou Private Finance Street Internet financial base "settled in the first Internet financial enterprises" by China Internet Society grants AA credit rating.

It is understood that the hereditary investment soul Su Jingjie is the founder of Guiguzi Business School, Guiguzi Business School's official website called him "China's top ten Guoxue application mentor", "childhood since the Yi, Tong Jian ancient and modern." In addition, investors also showed strong interest in learning.

It is noteworthy that the hereditary investment core business 365 finance was officially launched in September 2013, according to hereditary investment in the May 28 introduction, the current user base is only about 2,000 people, hereditary investment why 930 million yuan valuation? 365 how to obtain a number of financial awards, as the stationed in Guangzhou Private Finance Street Internet financial base of the first Internet financial enterprises? Faced with many questions, "Daily Economic News" reporters in-depth investigation.

Director of risk control: no bad debt has been generated yet

May 28, hereditary investment held its second anniversary celebration, at the same time held a wind investment signing ceremony, the investor is Shenzhen UBS Watson Equity Investment Co., Ltd. (hereinafter referred to UBS Watson).

Investors' representatives Sun Xuedong said hesitant investment teams like to believe that on a stage such as China, such an industry as the financial industry, combined with this advantage of the Internet, is very optimistic about its future.

"Daily Economic News" reporter found in the interview, hereditary investment banking 365 core financial sector, the establishment of less than a year, the scale is relatively small.

Hereditary investment operations director Li Zhizhong told reporters, "hereditary investment was established on June 7, 2012, formerly Hongkong Global Financial in an office in Guangzhou, the main overseas fund business .2013 on September 1, formally launched 365 financial network loan Platform, the main thing is the car loan, mortgage business. "

For 365 financial overdue rates, Li said: "I have the data, I do not know exactly how much.I am responsible for the operation, is responsible for pre-loan audit, post-loan tracking is done by the risk control department. "

Since then, the reporter asked the hereditary investment risk control director Zheng Bibin raised the same problem, Zheng Bin said: "Overdue rate control less than 10%, bad debt control within 2%. We have not yet generated bad debts." And the calculation of the overdue rate Different algorithms exist within each company, and another staff present said that the overdue rate must have been more than 10%.

In addition, hereditary investment and financial director Wang Guanghui on the venture gave more detailed data. According to Wang Guanghui's introduction, the UBS Watson's investment amount is 15 million US dollars, accounting for 10% of the total share, "converted into RMB, the company valued at 930 million yuan. P / E is about 150 times, we have confidence in dynamic price-earnings ratio Do 40 times. Of course, this valuation is high. "

To get such a high valuation, Wang Guanghui said: "The main trend is to look at the industry, we believe that the industry has not yet reached its real eruption." He said P2P business is the hereditary investment core.

Inheritance investment A staff member responsible for marketing also said that 365 finance dominated the hereditary investment, the majority of employees in the 365 finance. According to Li Zhizhong, Wang Guanghui introduction, the current 365 financial platform users close to 2,000 people, the total transaction amount of 150 million US dollars, to be received the amount of 30 million yuan.

Mysterious investor

It can be seen from his speech that Sun Xuedong was in the signing ceremony for the signing ceremony of the wind that it has a certain interest in learning. Sun Xuedong said that they invest hereditary investment is based on certain reasons or assumptions. Investment hereditary investment, what are their assumptions? First, they are very optimistic about China's future.

According to the results of online market research conducted by Shenzhen Municipal Market Supervision and Administration Bureau, Sun Xuedong is a shareholder of Shenzhen UBS Watson Equity Investment Fund Management Co., Ltd. with a shareholding of 50%.

Invasion of hereditary investment media shows that "Shenzhen UBS Watson Equity Investment Co., Ltd. is an international venture capital company with its headquarter in Shenzhen and offices in Shanghai and Zhengzhou."

Shenzhen Municipal Bureau of Market Supervision, the online search results show that the Shenzhen UBS Watson equity fund management company registered capital of 50 million yuan to declare the paid-up capital of 0 yuan, the establishment date of August 29, 2013.

It is worth noting that hereditary investment staff revealed that Sun Xuedong and hereditary investment executives have long known. In 365 financial official website "expert adviser" introduction, the reporter also found the name of Sun Xuedong. According to 365 financial website introduction, Sun Xuedong has multiple titles, such as the International Financial Planners Association of China co-ordination, South China University of Technology training center director.

It is understood that the International Financial Planners Association headquarters in the United Kingdom, has a representative office in China. Journalists from the Daily Economic News contacted their representative office in China for verification. The IFAP representative office in China replied unequivocally after verification. There was no employee named Sun Xuedong in the representative office of the International Financial Planner's Association. "I have no such person , Even surnamed Sun did not, nor co-ordination of this position.After many people called to ask this person, about a year ago, this person fraudulent use of the name of our association, but also in the name of co-ordination and consultants to us What financial products are promoted by students? We have already put the alarm on record. "

"Daily Economic News" reporter contacted the relevant departments of South China University of proof. Personnel Department of South China University of Technology staff told reporters that if the agency is true, but also the agency's deputy positions, the school official website must have relevant information, if you need more information, you can contact the school department.

Reporters into the official website of South China University of Technology "Institutional Settings" column, see the school agency settings and agency principal information, but did not find "South China University of Technology training center" of this body. Since then, the reporter contacted the Organization Department of South China University of Technology, Organization Department staff made it clear that the school did not "South China University of Technology training center," the body.

"Daily Economic News" reporter tried to contact Sun Xuedong interview. But before the second anniversary of the hereditary investment celebration scene, Sun Xuedong said there is no business card, can not get their contact information. Reporters also failed to find the search on Baidu, Shenzhen UBS Watson equity investment fund management company's official website. Hereditary investment staff told reporters that the company does not have official website, if you want Sun Xuedong contact information, you can find hereditary investment general manager Zeng Fanxin (Note: the company has a number of general manager).

Zeng Fan Xin, general manager of hereditary investment reporter asked Sun Xuedong contact, had to Sun Xuedong inconvenient interview was rejected on the ground.

Will be with the security company

It is noteworthy that hereditary investment has also been introduced into the guarantee company, based on hereditary investment. According to the second anniversary of hereditary investment media invitation on the introduction said hereditary investment will be Guangdong Zhonghong Financing Guarantee Co., Ltd. (hereinafter referred to as Zhonghong financing guarantee), "the introduction of effective third-party guarantees or principal (interest) security mechanism, It can effectively advance the guarantee fund or the reserve fund for principal and interest guarantee to avoid cash withdrawal difficulties or run-in phenomenon. "

According to the information of Guangzhou Industry and Commerce Bureau, the address of Guangdong Zhonghong Financial Guarantee Co., Ltd. is No. 04 of Unit 54 of Main Tower Office Tower, Guangzhou International Finance Center, No. 5 Zhujiang West Road, Tianhe District, Guangzhou Self No. 1, the approval date is 2013 November 21.

"Daily Economic News" reporter called the Guangzhou International Finance Center property management office to verify the staff said that the Guangzhou International Finance Center Tower Tower 54th floor, there is no Guangdong Zhonghong Financing Guarantee Co., Ltd.. Since then, the reporter confirmed to the Guangzhou International Financial Center Field, Guangzhou International Financial Center front desk staff told reporters that Guangdong Zhonghong Financing Guarantee Co., Ltd. is indeed 54 layers, but is sub-leased another company's office space, and the reporter did not make an appointment, Can not enter the office floor to visit.

Since then, the reporter obtained a reliable channel through the Guangdong Zhonghong Financing Guarantee Co., Ltd. front desk phone and call confirmation Zhonghong financing guarantee and 365 financial cooperation news. Zhonghong financing secured calls staff said the staff is not convenient to answer, and let reporters leave the problem.

The next day, the reporter again called Zhonghong financing guarantee, the staff answered the phone that the problem has been conveyed; the reporter asked to transfer the phone to the relevant personnel or general manager, the staff answered the phone said, "No, it is not convenient to turn" , And denied reporters the request to visit the ground.

Before the deadline, the reporter still did not get a reply from Zhonghong Financing Guarantee. Zhonghong secured the receptionist at the bank and said: "I have referred the matter to the relevant personnel. If they do not reply you, I have no alternative."

Reporters search on Baidu, failed to find Zhonghong financing secured official website. As of press time before the "Daily Economic News" reporter once again call Zhonghong financing guarantee, expressed the hope of access to public security financing official website address, public security financing staff said inconvenience to inform.

Stationed in the Internet financial base doubt

Becoming the first Internet financial company to be located in Guangzhou's private financial street Internet finance base and one of the aura of hereditary investment.

In May, Guangzhou Private Finance Street Internet Finance Base was established and became a media event of concern.

Daily Economic News reporter found that in the home page of 365 finance official website, you can see such a publicity: "Guangzhou private financial street Internet financial base listing, 365 financial system first settled in the Internet financial enterprises," and with a number of photos .

Guangzhou City Administration of Industry online query results show that the Guangzhou hereditary Investment Management Co., Ltd. registered address: Guangzhou Yuexiu District Mayor raised the road 318, 1303 rooms. It is understood that this address is located in Guangzhou Folk Finance Street.

In fact, Guangzhou Private Financial Street Internet financial base has attracted the attention of many businesses, hereditary investment, a marketing staff told the "Daily Economic News" reporter, there are some well-known network of credit platform also has the willingness to move in, and finally 365 Financial first settled, "Financial Street invited us over the past, we also have the intention."

According to hereditary investment director Li Zhizhong May 28 introduction, 365 Finance September 1, 2013 was formally launched, investors only 2,000 users. A small and young platform to what advantage became the first settled in Guangzhou Private Financial Street Internet financial base of Internet finance company?

"Daily Economic News" reporter contacted the Guangzhou Folk Finance Street Management Co., Ltd. Liao prose. Liaowen Wen told reporters that at present, Guangzhou Private Finance Street Internet financial companies (including research institutions) a total of 9, settled in Financial Street is a market behavior, without the consent of the Financial Street.

Specific hereditary investment, Liao prose said hereditary investment is not signed with the Civil Finance Street contract, but to find their own owners and owners signed a contract, nor is it officially settled in the Internet financial base.

Liao prose to tell reporters, "Now the Internet financial base building is still renovation, the company has not officially settled. Officially settled, there will be a policy, but also the introduction of expert review, under the guidance of the Financial Office to study a standard of access These internet finance companies who are now entering the street can not enjoy the policy and will need to be audited if they want to officially enter the internet financial base in the future.

Liao inspection text revealed that the criteria for accreditation will be included in the Internet base will be standardized and legal, risk control and other strict management; In addition, in terms of size, management team also has certain requirements. The parent company in the field of leading enterprises, branches meet certain conditions also allow settled, enjoy preferential policies. The current subsidy policy is being drafted.

AA grade credit certification

365 Financial Homepage Scroll advertising shows that China Internet Association in May granted 365 financial "AA credit rating enterprise credit rating," which undoubtedly added credit for the credibility of 365 finance.

According to the official website of China Internet Association, "The enterprise credit rating is a comprehensive evaluation of the ability and morality of enterprises in fulfilling business agreements and fulfilling service promise. The credit rating is divided into nine levels, which are AAA excellent, AA excellent, A good, BBB General, BB, B, CCC, CC, C ". Ratings through the business, will be "the Ministry of Industry, Ministry of Commerce and SASAC issued a unified credit rating of the bronze medal and certificate, can effectively enhance corporate reputation and customer trust," and "included in the Ministry of Commerce, SASAC, CCTV and the Internet Association and other units to build a "China Credit Enterprise Database" and display credit information in CCTV. "

According to the official website of China Internet Association, "The certificate website starts with http: /www.itrust.org.cn" to identify the authenticity of the above credit rating certificate. "Daily Economic News" reporter opened 365 financial "corporate credit rating AA grade credit enterprise" rating certificate, the link address is indeed "http: /www.itrust.org.cn" at the beginning.

"Daily Economic News" reporter as the intention to handle the identity of the Internet Society of China Enterprise Credit Evaluation Center, the staff said that at present there are about 150 P2P platform to do the credit rating, "the registered capital of 10 million yuan, the basic All rated 2 A; registered capital of 5 million to 10 million yuan, only 1 A; those registered capital of 23 million, to do a general certification, "" The entire process, from the day you submit the application form , Until you get a bronze certificate, it will take about 20 business days to complete. "

Reporters said their platform was established short time, was established in October 2013, which, the staff said no problem, "a lot of companies only set up this year, you count as early," "the costs are uniform, 15,000 Yuan / three years. "

According to the "Enterprise Credit Evaluation Declaration" provided by the above-mentioned staffs, the comprehensive management ability of an enterprise is one of the main factors of credit rating, such as whether full-time accounting is equipped, whether full-time cashier service is provided, whether there is a credit management department or a full-time credit management staff Wait.

In addition, the above staff said that all the audits were conducted online and no field trips were conducted. Fill in the information, she will give some advice and guidance, until the pre-assessment passed before formal payment.

Recently, the "Daily Economic News" reporter identified the identity of the interview, the staff told reporters that now P2P credit evaluation can no longer do, "because there is a P2P platform running in Beijing, and now more stringent regulation.I was last Friday Notified. "

One of the general managers is the founder of training institutions

It is understood that the hereditary investment manager Su Jingjie is the founder of training institutions "Guiguzi Business School."

More hereditary investment staff also told reporters, "We started the Soviet Union Gui Guzi business school."

In the official website of 365 finance, this is the introduction of Su Jingjie: "one of the famous experts in finance and education, one of the gold medal mentors of Chinese version of cash flow games, founder of Guiguzi Business School; and 12 years of actual experience in financial education, committed to improving China Investors financial wisdom, to break the wealth of three generations of the curse, to create business and personal money making system automatically; he combines and sublimation Guiguzi strategic thinking, to achieve leaps and bounds business speed hundred times!

In Guiguzi Business School's official website, you can see the commercial wisdom, capital fission, emperors wisdom, marketing wisdom, Feng Shui regimen. Course tuition is expensive, taking the emperors' wisdom course as an example, the course time is 4 days and the fee is 50,000 yuan (excluding board and lodging fee).

In these courses, the three keynote speakers of Business Wisdom, Capital Fission, and Emperor Wisdom are Su Jingjie. In the introduction of the course, Su Jingjie is described as: "Mr. Su Jingjie, a famous master of learning, strategist and strategist in China, graduated from South China University of Technology and a master's in management from the Institute of Economics and Management Center strategic experts, China's top ten Guoxue applied mentors, the new generation of financial experts, practical capital operation mentor ...... "

It is noteworthy that, in the introductory course on capital fission, reference is made to eight listed companies, namely Pathfinder, Wanbangda, 3D Wire, Hopkun Frequency, Dongfang Fortune, Pao Stock, Jifeng Agricultural Machinery, Tianlong Optoelectronics . According to the course introduction, these companies "After the teacher's counseling, 3 years they all successfully listed!"

Journalists from the Daily Economic News called the above eight listed companies for verification, and they got a clear response from four companies.

Pathfinder securities investment manager and securities affairs representative Tao Xu said: "After reading the company listing prospectus and other series of information on the company listed counseling, sponsorship, underwriting and other agencies, did not find the name of the agency, so the The agency is not an official intermediary for the listing of companies; however, it is almost five years since the Pathfinder went public, some of whom left their posts as directors and senior executives before the company went public, so it is hard to know if anyone Before the company listed in the agency's training. "

Wan Bangda Securities representatives in the company asked about the staff to give a clear denial of the matter. Whether it is possible for executives of the company to participate in and receive counseling, the above-mentioned Wanbata Securities Representative said that the guidance is listed on the entire company team, individuals can not be trained to complete.

Li Fang, a representative of Paot Securities, said: "It has been verified by colleagues of the company that this matter has been going on for years now and the staff has changed a lot. Some people have said no impression at all.

He Kang, deputy general manager of variable frequency securities, after inquiring about the key management personnel of the company, said that the group did not receive the training of Guiguzi Business School, but did not have any individual employees to participate in the determination; After initially understanding the course, he said that "the major shareholders, Management personnel are higher education, will not participate in this style of training.

P2P industry in 2014 by venture capital injection situation

January 8

Love Investment won the first aid China Resources Emergency Investment Co., Ltd., did not disclose the specific amount, the report is 60 million yuan.

January 9

Ren Ren Credit belongs to the group of all people outside the letter announced the completion of round A financing, the amount up to 130 million US dollars, investors from the letter of credit capital

April 9

Clap loan announced the completion of rounds of tens of millions of dollars in financing, the lead investor for the speed of light China Venture Capital, Sequoia Capital and Noah Fortune with the vote. According to media reports, the amount is 50 million U.S. dollars.

May 29

Softbank China and Easy Credit Network signed a 10 million U.S. dollar strategic cooperation agreement in Chengdu. Easy loan network is Softbank China's second P2P investment platform.