Qihoo 360 involved in public offering: 30% new fund approval

On the evening of September 3, the China Securities Regulatory Commission announced the establishment of a fund company approval information showed that Qihoo 360 through its subsidiary Beijing Qi Fu Tong Technology Co., Ltd. to set up a new fund Management Co., Ltd., accounting for 30%, currently the fund is under process approval.

The information of Beijing Enterprise Credit Information Network shows that the Peking Qi Fu Tong Technology Co., Ltd. was founded in February 2012, with a registered capital of 100 million yuan, the odd payment by Beijing Qihoo Technology Co., Ltd. wholly-owned holdings.

The SFC July 14 this year accepted the new capital Holding Group Co., Ltd. and Chimei Changtong to launch a new fund application. The announcement disclosed that the new fund's two investors, the new capital accounted for 70% shares, odd pay share 30%.

It is understood that the new Wo Capital Holding Group Co., Ltd. was founded in June 2010, is a comprehensive financial services as the core of the industrial group, the company registered capital of 200 million yuan, under the new international, the new fund, New World Capital Management, new financial, New World Real Estate, Dalian June Thai and other wholly-owned subsidiaries, holding the new division Pulin, Zhongke new, at the same time participate in a number of enterprises.

The new fund is the third public offering funded by private equity firms. Prior to the Shenzhen Innovation Investment group wholly-owned red clay Innovation Fund, as well as by the jiuding Investment and Beijing Jiuding Investment jointly established nine Thai Fund.

With Qihoo 360 cooperation of the new capital in the PE industry is not outstanding strength. Public data show that the new capital was founded in June 2010, the company registered capital of 200 million yuan. In the 2013 Forbes release of China's best PE investment agency in the top 20 list, the new capital is not in its list.

Eric Consulting Internet Financial industry analyst Wang Weidong in an interview with the 21st century Economic report, said that Qihoo 360 shares public fund, may be they are optimistic about the future development of the fund industry, but also do not rule out 360 and public offering funds in some business level of cooperative innovation, For example, in the Internet channel level through the flow of funds to support the business.

In fact, the current bat three Giants and NetEase, 58 with the city and other companies have fully entered the Internet finance, the recent, Sohu also with the Asian joint financial cooperation to set up a search and loan Internet finance company, and as for the Qihoo 360, in the internet financial aspects still have no move.

In March this year, Zhou said at the Q4 's earnings analyst meeting in Qihoo 360 last year that 360 had done a lot of research on internet finance, but Zhou thought 360 was different from other internet giants, who might have thought it was chasing something hot, such as internet finance and O2O. "For Internet finance, we are also communicating with some companies, and if there are really more innovative models and products, we will consider them." "The way Internet companies are using traffic to sell funds at least now is not a 360 priority," Zhou said.

Whatever Zhou said before, Wang Weidong believes that online sales funds are a good way to cash in on the flow. Sources said that the new fund in the future or will follow Alibaba's Tianhong fund, using 360 of its Internet resources for fund-raising and operation. Tianhong Fund was originally in the industry unknown, hooked on the internet finance this train, net profit over 3 times times a year.

"360 is likely to be a bigger boost for the fund company, and if the two sides cooperate, 360 will expand the business map," he said. Wang Weidong said that internet finance is a direction, 360 into this field is understandable; and from now on the mobile end of Alipay has exceeded the PC side, coupled with the performance of micro-credit management, 360 with its powerful mobile traffic to sell funds may also be higher than the PC side. (Edit Lu Aifang Sin Yunwei)